# ALTABANK
AMERICAN FORK, UT · FDIC certificate 12773 · asset band $1-10B · latest filing 2021-09 · stopped filing (departed)

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $3.65B | |
| Deposits | $3.28B | |
| Loans and leases | $1.91B | |
| Total equity | $355.6M | |
| Loans / deposits | 57.28% (p16 of band) | 74.28% |
| Liquid assets / assets | 44.69% (p82 of band) | |
| Uninsured deposits / deposits | 44.94% (p73 of band) | 32.26% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p7 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.19% (p39 of band) | 9.58% |
| Unrealized securities loss / equity | 0.00% (p39 of band) | 0.34% |
| AOCI / equity | -3.96% (p7 of band) | |
| ROA (annualized) | 0.53% (p6 of band) | 1.23% |
| Net interest margin | 3.03% (p37 of band) | 3.24% |
| Efficiency ratio | 70.59% (p83 of band) | |
| Noncurrent loans | 0.29% (p40 of band) | 0.38% |
| Net charge-offs (annualized) | 0.00% (p47 of band) | |
| Reserve coverage of noncurrent | 620.77% | |
| Real estate % of loans | 89% | |
| Construction % of loans | 88.56% (p88 of band) | |
| Auto loans | $4.8M (0.25% of loans; DQ 1.08%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p38 of band) | |
| Deposits YoY | 20.4% | |
| Employees | 423 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 1 |  | construction >100% equity |
| 2011-09 | 1 |  |  |
| 2011-12 | 2 | capital falling |  |
| 2012-03 | 1 |  | capital falling |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 0 |  | reserve under noncurrent |
| 2013-06 | 0 |  |  |
| 2013-09 | 2 | capital falling, construction >100% equity |  |
| 2013-12 | 2 |  |  |
| 2014-03 | 0 |  | capital falling, construction >100% equity |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 2 | capital falling, construction >100% equity |  |
| 2015-03 | 0 |  | capital falling, construction >100% equity |
| 2015-06 | 1 | construction >100% equity |  |
| 2015-09 | 0 |  | construction >100% equity |
| 2015-12 | 2 | capital falling, construction >100% equity |  |
| 2016-03 | 1 |  | capital falling |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 2 | capital falling |  |
| 2017-03 | 1 |  | capital falling |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 2 | capital falling |  |
| 2018-06 | 1 |  | capital falling |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 0 |  | construction >100% equity |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 1 | capital falling |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2024-10-26 [Ask The Experts: Altabank - Salt Lake Magazine](https://news.google.com/rss/articles/CBMiZEFVX3lxTE5LcWJVeXpSYnR0R1YxVlM1N2IxdzYtX04xTWhjMjJVR0QyTl92NFBIdThiZUVGUW80eGZ3MUI0LWlLQjlnbGhob1dDS29vUXlqaG90NFZDV2dRQUJ5aGgyVlRsRVk?oc=5) · Salt Lake Magazine
- 2019-11-15 [The largest community bank in Utah has a new name - KUTV](https://news.google.com/rss/articles/CBMikgFBVV95cUxQbG13cGxmUG52RzlIaUEyNEgtVmNNU0JSZnF6SlJ5b0FGN0lSU0hTRjNKNkNfMTJPQzBBekFNb2JCUGVvWGt2bnpSazhxVHpwMkVhNkw5U2VCdHdlRkJ3b0FQNnFPUFpCWUVFZVAxNXJFNkRrYjE4eFlJaUk4WU1OZlVLMWtTMnctTm16bjhsVUg5dw?oc=5) · KUTV
- 2019-11-12 [People's Utah rebrands its banks as Altabank - American Banker](https://news.google.com/rss/articles/CBMihgFBVV95cUxNcXBHdDJ6cjlRSC12Nk5QQ3FFZzVXOGliUVBGZUNzWGV5VW1ISEhDdEY3Yzh6Vms2RWhLN2l6ckprTWFrdGpmZUNKWDVlNU9tTzZlSjRzU3pfM255b096UklpOEVQandmZkJTdjV1Uy0tTTdKQ3VIMFE5VnJlYm9lTHgwYWZmUQ?oc=5) · American Banker
- 2019-11-14 [Altabank may be the largest bank in Utah you haven’t heard of until now - FOX 13 News Utah](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOWDRSUk43dU5NRk9tcUVBQTFJdFhTRk8yNkw0bG5PZjVBdm11Z28yUjZDaVlvV2ZxUDJiQXNCdE84VmZIWlFkQUVEenNjUnFaZG8tYTVBZVJtVUdhcVBVaFlwU3JQQzgxdHItM2xVWEw4ZHp3M1AtbTR5enE2bm9IaGJKV2xwRlI0V1JXZ3JBc1JHYzBXSUczVmZOWXREZ0M5WWsyWHdHa0NhUQ?oc=5) · FOX 13 News Utah
- 2019-11-15 [Former Bank of American Fork, People’s Intermountain Bank, Changes Name to Altabank - Lehi Free Press](https://news.google.com/rss/articles/CBMiugFBVV95cUxPU2UzT3pkSGVIc1I2Zm54Rm1qVlBBdVRQXzhfbnFXRU44bFRiNnlwVEJ2QVY4UDVnVjZob2VXVjN4eHEwNXJRNllOYlREczhRUTltTlBISU5ObTFrSTVBV0JLbmFzaHZ4LVNlRnhwd0dyRENFb1ZOSDRNeEtCaURzcnBKZ2xZUWJyNmsxcmNlOFJXYkItQi1XMnFyT1RuMjhNQ0RrVnFNYUR0VTQ2cEstODNVNS1JVWxOUWc?oc=5) · Lehi Free Press
- 2020-03-13 [Altabank (American Fork) Review 2020: Is It Right for You? - GOBankingRates](https://news.google.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?oc=5) · GOBankingRates
- 2022-01-21 [Lehi woman's bank account drained nearly a year after smash-and-grab burglary - KSL.com](https://news.google.com/rss/articles/CBMiwAFBVV95cUxNdmxFZXotQ0ViQi0xQ3kyTDlzc19oakMzSHJ1a1lnSFQ1OTNqX1hFb19QeUMzRjExZjZSaUExY0J0Tk51OXM5Q3BZRTRPS1ZkRjUweXRkWE1rMDVzMHIyUllxQ1E0eE9DRDFKT1pCRy1LZnhOQzV2UkRGUWswVUNQcW04Wm9teFRhUTdkdWJXLUlmbXZoX25sSUkxR3VBc1dmS2JnMDRUVHRBMDB1VU94RzQ1RWVXZU96NjR6cDQ3Sm4?oc=5) · KSL.com
- 2024-06-13 [Blood Donor Story | News Article - American Red Cross](https://news.google.com/rss/articles/CBMimAFBVV95cUxONS16M1NlWEIxUTdWaDJ4QTdHTnlrbW1ibVRYM0RYRHBXZDRJakhDckcySURENEVic1NnY1dyRE5rcVppbkU0UUU2WEY1ZFlJMTlMM3NjM0ljc19MXzJBWnJlYVZOVnF3d3VTb0Nma1lFTXQ2Q0hnb2Z1dkxRUktTMk9TaUVqWjdZUW5mY1k0U3NOLW15bEI2Sg?oc=5) · American Red Cross

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=12773 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/37.json (key "12773", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide