Bank of Utah in Ogden, Utah (UT)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Utah - Overview

  • General
  • FDIC Certificate #: 17159
    Status: Active
    Federal Reserve ID: 933975
    Bank Holding Company (Regulatory Top Holder): Bou Bancorp, Inc. (RSSDID: 2935142, Location: Ogden, UT)
    Date Established: Febuary 05, 1952
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 13 (Domestic: 13, Interstate: No)
    OTS Docket #: 9533
    FDIC's unique #: 11195
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 01, 1952
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 2605 Washington Blvd, Ogden, UT 84401
    County: Weber
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Salt Lake City
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Salt Lake City-Ogden, UT (#7160)
    Combined Statistical Area (CSA): Salt Lake City-Ogden-Clearfield, UT (#482)
    Core Based Statistical Area (CBSA): Ogden-Clearfield, UT (#36260)
    CBSA Metro Statistical Area: Ogden-Clearfield, UT (#36260)
  • History of Changes
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $745.8 mil
    Equity capital: $94.5 mil
    Deposits held in domestic offices: $601.1 mil
    Return on assets (ROA): 1.32% ($9.8 mil)
    Quarterly return on assets: 0.94% ($7.0 mil)
    Return on Equity (ROE): 11.21% ($10.6 mil)
    Quarterly return on equity: 7.53% ($7.2 mil)
    Net income: $9.8 mil
    Quarterly Net income: $1.8 mil
    Pretax return on assets: 0.97% ($7,234.6 mil)
    Quarterly Pretax return on assets: 1.12% ($8,353.3 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 264Total employees (full-time equivalent)
  • $745,832Total assets
  • $141,882Cash and due from depository institutions
  • $126,728Interest-bearing balances
  • $133,773Securities
  • $871Federal funds sold & reverse repurchase agreements
  • $417,669Net loans & leases
  • $10,827Loan loss allowance
  • $0Trading account assets
  • $11,653Bank premises and fixed assets
  • $4,350Other real estate owned
  • $5,894Goodwill and other intangibles
  • $745,832Life insurance assets
  • $29,740All other assets
  • $651,294Total liabilities and capital
  • $601,054Total liabilities
  • $568,824Total deposits
  • $601,054Interest-bearing deposits
  • $76Deposits held in domestic offices
  • 42408.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $7,832Subordinated debt
  • $94,538All other liabilities
  • $94,538Total equity capital
  • $94,538Total bank equity capital
  • $0Perpetual preferred stock
  • $3,656Common stock
  • $8,534Surplus
  • $82,348Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $11,780Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $10,743Income earned, not collected on loans
  • $324Earning assets
  • $1,975Long-term assets (5+ years)
  • $679,041Average Assets, year-to-date
  • $77,682Average Assets, quarterly
  • $742,374Volatile liabilities
  • $752,501Insider loans
  • $494,338FHLB advances
  • $744,029Loans and leases held for sale
  • $18,474Unused loan commitments
  • $15,957Tier 1 (core) risk-based capital
  • $87,565Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,517Total unused commitments
  • $117,719Restructured Loans and leases
  • $887Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $29,988Total interest income
  • $3,143Total interest expense
  • $26,845Net interest income
  • $4,000Provision for loan and lease losses
  • $11,181Total noninterest income
  • $3,861Fiduciary activities
  • $1,838Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5,482Additional noninterest income
  • $26,799Total noninterest expense
  • $16,359Salaries and employee benefits
  • $2,760Premises and equipment expense
  • $7,680Additional noninterest expense
  • $7,227Pre-tax net operating income
  • $0Securities gains (losses)
  • -$2,594Applicable income taxes
  • $9,821Income before extraordinary items
  • $0Extraordinary gains - net
  • $9,821Net income attributable to bank
  • $0Net charge-offs
  • $9,821Cash dividends
  • $4,183Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.41%Yield on earning assets
  • 0.46%Cost of funding earning assets
  • 3.95%Net interest margin
  • 1.65%Noninterest income to earning assets
  • 3.94%Noninterest expense to earning assets
  • 1.32%Net operating income to assets
  • 1.32%Return on assets (ROA)
  • 0.97%Pretax return on assets
  • 11.21%Return on equity (ROE)
  • 11.21%Retained earnings to average equity (YTD only)
  • 0.96%Net charge-offs to loans
  • 95.63%Credit loss provision to net charge-offs
  • 2.68%Efficiency ratio
  • 70,475Assets per employee
  • 2.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.53%Loss allowance to noncurrent loans
  • 100.78%Noncurrent assets plus other real estate owned to assets
  • 2.02%Noncurrent loans to loans
  • 2.51%Net loans and leases to deposits
  • 69.49%Net loans and leases to core deposits
  • 72.53%Equity capital to assets
  • 12.68%Core capital (leverage) ratio
  • 11.77%Tier 1 risk-based capital ratio
  • 17.71%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $742,374Average earning assets
  • $87,608Average equity
  • $679,584Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $267,283Managed Assets
  • 1Number of Accounts
  • $89,794Personal trust and agency accounts
  • $85,908Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $1,718Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $2,168Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 3580Number of Accounts
  • $0Personal trust and agency accounts
  • $1,718Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $177,489Other retirement accounts
  • $17,168Corporate trust and agency accounts
  • $2,089Other fiduciary accounts
  • $60,444Fiduciary accounts held in foreign offices

List of branches

  • 13 Utah Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011195Bank Of Utah2605 Washington Blvd, Ogden, UT 84401Febuary 05, 1952Full Service Brick and Mortar
    2240741Roy Branch5741 South 1900 West, Roy, UT 84067September 18, 1953Full Service Brick and Mortar
    3240742South Ogden Branch3990 Washington Boulevard, Ogden, UT 84403November 18, 1957Full Service Brick and Mortar
    611725Ben Lomond Branch115 Washington Boulevard, Ogden, UT 84404June 20, 1957Full Service Brick and Mortar
    102407477th South Branch711 South State Street, Salt Lake City, UT 84111December 01, 1975Full Service Brick and Mortar
    19240752Redwood Branch2309 South Redwood Road, Salt Lake City, UT 84119November 20, 1979Full Service Brick and Mortar
    24240755Layton Branch717 West Antelope Drive, Layton, UT 84041January 20, 1998Full Service Brick and Mortar
    2532067Logan Branch5 East 1400 North, Logan, UT 84341December 06, 1984Full Service Brick and Mortar
    26258241Tremonton Branch25 North Tremont, Tremonton, UT 84337July 11, 1994Full Service Brick and Mortar
    27258242Providence Branch121 North Gateway Drive, Providence, UT 84332September 01, 1994Full Service Brick and Mortar
    28258243Brigham City Branch80 East 800 South, Brigham City, UT 84302March 17, 1998Full Service Brick and Mortar
    29340782Sandy Branch9320 South State Street, Sandy, UT 84070April 26, 2000Full Service Brick and Mortar
    30466499Orem Branch980 West 830 North, Orem, UT 84059October 02, 2006Full Service Brick and Mortar

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