Medallion Bank


Overview / Commentary
866-688-6983
1100 East 6600 South, Suite 510
Salt Lake City, UT 84121

Medallion Bank is headquartered in Salt Lake City and is the 22nd largest bank in the state of Utah. It is also the 708th largest bank in the nation. It was established in 2003 and as of June of 2020, it had grown to 87 employees at 1 location. Medallion Bank has a B health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #57449
Year Established2003
Employees87
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.22%
Return on Equity - YTD1.23%
Annual Interest Income$67.7MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$1.32B$1.11B
LoansQ2 2020vs Q2 2019$1.10B$953.6MM
DepositsQ2 2020vs Q2 2019$1.08B$927.8MM
Equity CapitalQ2 2020vs Q2 2019$223.5MM$171.5MM
Loan Loss AllowanceQ2 2020vs Q2 2019$78.6MM$59.7MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$56.8MM$13.8MM
Real Estate OwnedQ2 2020vs Q2 2019$0$0
Rates

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Locations


Medallion Bank Locations
Medallion Bank1100 East 6600 South, Suite 510Salt Lake City, UT 84121

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