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  2. First Utah Bank

First Utah Bank


Overview / Commentary
www.firstutahbank.com
801-272-9454
3826 South 2300 East
Salt Lake City, UT 84109

First Utah Bank is headquartered in Salt Lake City and is the 28th largest bank in the state of Utah. It is also the 1,341st largest bank in the nation. It was established in 1978 and as of June of 2022, it had grown to 116 employees at 7 locations. First Utah Bank has an A+ health rating.

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Health
A+

Data as of Q2 2022

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Health Grade Components

Overall
FDIC Certificate #22738
Year Established1978
Employees116
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.49%
Return on Equity - YTD16.09%
Annual Interest Income$15.9MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$683.1MM$631.0MM
LoansQ2 2022vs Q2 2021$480.3MM$414.0MM
DepositsQ2 2022vs Q2 2021$586.3MM$554.7MM
Equity CapitalQ2 2022vs Q2 2021$64.0MM$58.8MM
Loan Loss AllowanceQ2 2022vs Q2 2021$6.7MM$7.4MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$58.00K$2.1MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates

Rates for First Utah Bank are currently being reviewed.

Locations


First Utah Bank Locations
Sandy Branch11015 South State StreetSandy, UT 84070
City Center Branch115 East 1300 SouthSalt Lake City, UT 84115
Riverton Office4168 West 12600 SouthRiverton, UT 84096
International Branch3123 South Redwood RoadWest Valley City, UT 84119
First Utah Bank3826 S 2300 ESalt Lake City, UT 84109
Midvale Branch7070 State StreetMidvale, UT 84047
Lehi Branch3601 North Digital Drive, Suite 301Lehi, UT 84043

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