Medallion Bank

Overview / Commentary
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 734th largest bank in the nation. It was established in 2003 and as of September of 2020, it had grown to 87 employees at 1 location. Medallion Bank has a B health rating.


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Health Grade Components

FDIC Certificate #57449
Year Established2003
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD-1.26%
Return on Equity - YTD-7.15%
Annual Interest Income$104.2MM
Assets and Liabilities
AssetsQ3 2020vs Q3 2019$1.28B$1.16B
LoansQ3 2020vs Q3 2019$1.11B$1.00B
DepositsQ3 2020vs Q3 2019$1.06B$963.1MM
Equity CapitalQ3 2020vs Q3 2019$207.2MM$180.3MM
Loan Loss AllowanceQ3 2020vs Q3 2019$98.4MM$58.6MM
Unbacked Noncurrent LoansQ3 2020vs Q3 2019$87.7MM$12.1MM
Real Estate OwnedQ3 2020vs Q3 2019$1.8MM$0

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

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