First Utah Bank
Major Rating Factors:
A current level of 27.1 percent of nonperforming loans to core capital combined with 5.9 percent from a year earlier contributes to the Very Weak asset quality (1.0). Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 1.1 has resulted in Good (5.6) profitability.
Other Rating Factors:
Good current capitalization (6.6 on a scale of 0 to 10) based on a risk-based capital ratio of 12.0 and a capital leverage ratio of 9.1. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.8 on a scale of 0 to 10).
Asset Mix:
Comm re (44%), comm loans (13%), securities (12%), cash (6%), home eq lns (2%), home mtgs (1%), other (21%)
States with Branches:
UT
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
First Utah Bancorporation
Investment Rating
--
Address
3826 South 2300 East
Salt Lake City, UT 84109
Salt Lake City, UT 84109
Phone Number
(801) 272-9454
Year Founded
1978
FDIC Number
Website
Largest Affiliates
No affiliate information available.