First Electronic Bank
Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 62.2 and a capital leverage ratio of 29.6. Operating profits as a percentage of assets at 21.5%, coupled with a return on assets of 15.7 has resulted in Excellent (10.0) profitability.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (9.5 on a scale of 0 to 10). A current level of 0.0 percent of nonperforming loans to core capital combined with 0.0 percent from a year earlier contributes to the Good asset quality (6.8).
Asset Mix:
Cash (60%), consumer loans (37%), comm loans (1%), securities (1%), other (1%)
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
The Taw, LP
Investment Rating
--
Address
2150 South 1300 East
Salt Lake City, UT 84106
Salt Lake City, UT 84106
Phone Number
(801) 572-4004
Year Founded
2000
FDIC Number
Website
Largest Affiliates
No affiliate information available.
