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
No
ID
Name
Address
Established
Service Type
Map
0
78229
Utah Community Bank
820 East 9400 South, Sandy, UT 84094
July 25, 2000
Full Service Brick and Mortar
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