Utah Community Bank in Sandy, Utah (UT)
Overview, Financial Summary, Detailed Financial Reports, Branches


Utah Community Bank - Overview

  • General
  • FDIC Certificate #: 35323
    Status: Active
    Federal Reserve ID: 2880019
    Bank Holding Company (Regulatory Top Holder): Utah Community Bancorp (RSSDID: 3157549, Location: Sandy, UT)
    Date Established: July 25, 2000
    WWW: http://www.utahcommunitybankonline.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 78229
    Numeric code: 21
    Regulator: FDIC
    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: July 25, 2000
    Last Structure Change Effective Date: Febuary 15, 2011
    Last Structure Change Process Date: Febuary 15, 2011
    Last Data Update: Febuary 15, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 820 East 9400 South, Sandy, UT 84094
    County: Salt Lake
    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): Salt Lake City, UT (#41620)
    CBSA Metro Statistical Area: Salt Lake City, UT (#41620)
  • Financial Summary
  • Total assets: $29.1 mil
    Equity capital: $4.5 mil
    Deposits held in domestic offices: $24.7 mil
    Return on assets (ROA): -2.20% (-$0.6 mil)
    Quarterly return on assets: -3.26% (-$0.9 mil)
    Return on Equity (ROE): -14.05% (-$0.6 mil)
    Quarterly return on equity: -20.73% (-$0.8 mil)
    Net income: -$0.7 mil
    Quarterly Net income: -$0.2 mil
    Pretax return on assets: -3.81% (-$1,110.0 mil)
    Quarterly Pretax return on assets: -10.07% (-$2,933.8 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
  • 8Total employees (full-time equivalent)
  • $29,134Total assets
  • $7,302Cash and due from depository institutions
  • $6,831Interest-bearing balances
  • $1,102Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $17,531Net loans & leases
  • $456Loan loss allowance
  • $0Trading account assets
  • $109Bank premises and fixed assets
  • $2,084Other real estate owned
  • $0Goodwill and other intangibles
  • $29,134Life insurance assets
  • $1,006All other assets
  • $24,679Total liabilities and capital
  • $24,661Total liabilities
  • $18,101Total deposits
  • $24,661Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $18Subordinated debt
  • $4,455All other liabilities
  • $4,455Total equity capital
  • $4,455Total bank equity capital
  • $0Perpetual preferred stock
  • $438Common stock
  • $4,054Surplus
  • $-37Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $366Income earned, not collected on loans
  • $0Earning assets
  • $83Long-term assets (5+ years)
  • $25,464Average Assets, year-to-date
  • $502Average Assets, quarterly
  • $30,713Volatile liabilities
  • $29,037Insider loans
  • $18,096FHLB advances
  • $28,447Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $3,705Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $415Restructured Loans and leases
  • $3Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,246Total interest income
  • $227Total interest expense
  • $1,019Net interest income
  • $248Provision for loan and lease losses
  • -$85Total noninterest income
  • $0Fiduciary activities
  • $142Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$227Additional noninterest income
  • $1,857Total noninterest expense
  • $764Salaries and employee benefits
  • $145Premises and equipment expense
  • $948Additional noninterest expense
  • -$1,171Pre-tax net operating income
  • $0Securities gains (losses)
  • -$494Applicable income taxes
  • -$677Income before extraordinary items
  • $0Extraordinary gains - net
  • -$677Net income attributable to bank
  • $0Net charge-offs
  • -$677Cash dividends
  • $677Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.55%Yield on earning assets
  • 0.83%Cost of funding earning assets
  • 3.72%Net interest margin
  • -0.31%Noninterest income to earning assets
  • 6.79%Noninterest expense to earning assets
  • -2.20%Net operating income to assets
  • -2.20%Return on assets (ROA)
  • -3.81%Pretax return on assets
  • -14.05%Return on equity (ROE)
  • -14.05%Retained earnings to average equity (YTD only)
  • 3.53%Net charge-offs to loans
  • 36.63%Credit loss provision to net charge-offs
  • -1.36%Efficiency ratio
  • 198,822Assets per employee
  • 3.64%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.54%Loss allowance to noncurrent loans
  • 124.59%Noncurrent assets plus other real estate owned to assets
  • 8.41%Noncurrent loans to loans
  • 2.03%Net loans and leases to deposits
  • 71.09%Net loans and leases to core deposits
  • 73.36%Equity capital to assets
  • 15.29%Core capital (leverage) ratio
  • 13.02%Tier 1 risk-based capital ratio
  • 20.47%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $30,713Average earning assets
  • $4,819Average equity
  • $27,364Average loans

List of branches

  • 1 Utah Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    078229Utah Community Bank820 East 9400 South, Sandy, UT 84094July 25, 2000Full Service Brick and Mortar

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