First Utah Bank
FDIC #22738
📍 Salt Lake City, Utah
First Utah Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in October 19, 1978. With assets of $695.45 Million, it operates 7 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: August 1, 2024
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
August 1, 2024
Satisfactory
August 1, 2021
Satisfactory
April 17, 2017
Satisfactory
💰 Financial Strength
Total Assets$695.45 Million
Total Deposits$587.92 Million
Equity Capital$68.67 Million
Net Income$6.06 Million
📈 Performance
ROA1.14%
ROE12.00%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
EstablishedOctober 19, 1978
FDIC Cert22738
Holding CoFirst Utah Bcorp
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday9:00 AM - 6:00 PM
Tuesday9:00 AM - 6:00 PM
Wednesday9:00 AM - 6:00 PM
Thursday9:00 AM - 6:00 PM
Friday9:00 AM - 6:00 PM
Saturday9:00 AM - 12:00 PM
SundayClosed
📜 Institutional History
1997
Relocation
Moved HQ to: 3826 South 2300 East, Salt Lake City, UT 84109.
1993
Name Change
Name became: Changed Institution Name To First Utah Bank.