U.S. Bank of Utah in Salt Lake City, Utah (UT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 13, 1997

  • U.S. Bank of Utah in Salt Lake City, Utah (UT)
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U.S. Bank of Utah - Overview

  • General
  • FDIC Certificate #: 2268
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: United States National Bank of Oregon (#2916)
    Federal Reserve ID: 264277
    Date Established: January 01, 1909
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 30 (Interstate: No)
    OTS Docket #: 11546
    FDIC's unique #: 1505
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 13, 1997
    Last Structure Change Process Date: June 19, 1997
    Last Data Update: July 15, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 107 South Main Street, Salt Lake City, UT 84111
    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)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $822.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $274Total assets
  • $811,596Cash and due from depository institutions
  • $70,289Interest-bearing balances
  • $2Securities
  • $144,601Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $565,348Loan loss allowance
  • $10,805Trading account assets
  • $0Bank premises and fixed assets
  • $18,142Other real estate owned
  • $0Goodwill and other intangibles
  • $13,216Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $811,596Total liabilities
  • $749,356Total deposits
  • $643,717Interest-bearing deposits
  • $446,838Deposits held in domestic offices
  • 643717.00%% insured (estimated)
  • $76Federal funds purchased & repurchase agreements
  • $34,000Trading liabilities
  • $0Other borrowed funds
  • $61,836Subordinated debt
  • $0All other liabilities
  • $9,803Total equity capital
  • $9,803Total bank equity capital
  • $62,240Perpetual preferred stock
  • $0Common stock
  • $12,491Surplus
  • $37,041Undivided profits
  • Memoranda
  • $12,708Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $8,004Income earned, not collected on loans
  • $4,872Earning assets
  • $709,951Long-term assets (5+ years)
  • $172,449Average Assets, year-to-date
  • $805,114Average Assets, quarterly
  • $796,075Volatile liabilities
  • $102,586Insider loans
  • $4FHLB advances
  • $0Loans and leases held for sale
  • $535Unused loan commitments
  • $520,692Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $61,705Total risk weighted assets
  • $668,619Total unused commitments
  • $0Restructured Loans and leases
  • $30,000Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $59,983Total interest expense
  • $24,497Net interest income
  • $35,486Provision for loan and lease losses
  • $3,368Total noninterest income
  • $7,737Fiduciary activities
  • $0Service charges on deposit accounts
  • $5,191Trading account gains & fees
  • $5Additional noninterest income
  • $2,541Total noninterest expense
  • $29,763Salaries and employee benefits
  • $11,098Premises and equipment expense
  • $7,749Additional noninterest expense
  • $10,916Pre-tax net operating income
  • $10,092Securities gains (losses)
  • $194Applicable income taxes
  • $3,022Income before extraordinary items
  • $7,264Extraordinary gains - net
  • $0Net income attributable to bank
  • $7,264Net charge-offs
  • $2,455Cash dividends
  • $7,900Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.29%Cost of funding earning assets
  • 3.39%Net interest margin
  • 4.91%Noninterest income to earning assets
  • 1.07%Noninterest expense to earning assets
  • 4.11%Net operating income to assets
  • 0.89%Return on assets (ROA)
  • 0.90%Pretax return on assets
  • 1.28%Return on equity (ROE)
  • 11.47%Retained earnings to average equity (YTD only)
  • -1.00%Net charge-offs to loans
  • 0.45%Credit loss provision to net charge-offs
  • 137.19%Efficiency ratio
  • 68,859Assets per employee
  • 2.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 108.76%Loss allowance to loans
  • 1.88%Loss allowance to noncurrent loans
  • 135.00%Noncurrent assets plus other real estate owned to assets
  • 0.99%Noncurrent loans to loans
  • 1.39%Net loans and leases to deposits
  • 87.83%Net loans and leases to core deposits
  • 93.92%Equity capital to assets
  • 7.67%Core capital (leverage) ratio
  • 7.92%Tier 1 risk-based capital ratio
  • 9.23%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $805,114Average earning assets
  • $63,303Average equity
  • $723,321Average loans

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