WebBank is the 575th largest bank in the nation. It was established in 1997 and as of March of 2025, it had grown to 238 employees. WebBank has an A health rating.
Overall | |
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FDIC Certificate # | 34404 |
Year Established | 1997 |
Employees | 238 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 4.16% |
Return on Equity - YTD | 22.66% |
Annual Interest Income | $96.8MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2025vs Q1 2024 | $2.08B$2.29B |
Loans | Q1 2025vs Q1 2024 | $1.73B$1.75B |
Deposits | Q1 2025vs Q1 2024 | $1.62B$1.86B |
Equity Capital | Q1 2025vs Q1 2024 | $390.4MM$345.3MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $22MM$22.1MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $24.3MM$12.5MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
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WebBank is an Internet only bank and does not have branch locations. Its headquarters is located at 215 S State St, Suite 1000 - Salt Lake City, UT 84111