# STATE BANK OF SOUTHERN UTAH
CEDAR CITY, UT · FDIC certificate 17964 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *fortress*. 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 | $2.74B | |
| Deposits | $2.40B | |
| Loans and leases | $1.92B | |
| Total equity | $312.2M | |
| Loans / deposits | 79.34% (p31 of band) | 87.10% |
| Liquid assets / assets | 25.42% (p65 of band) | |
| Uninsured deposits / deposits | 29.89% (p47 of band) | 30.76% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p6 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 12.04% (p77 of band) | 10.50% |
| Unrealized securities loss / equity | -6.85% (p54 of band) | -7.75% |
| AOCI / equity | -0.09% (p67 of band) | |
| ROA (annualized) | 1.76% (p80 of band) | 1.26% |
| Net interest margin | 4.22% (p78 of band) | 3.70% |
| Efficiency ratio | 45.84% (p14 of band) | |
| Noncurrent loans | 0.47% (p46 of band) | 0.51% |
| Net charge-offs (annualized) | 0.19% (p85 of band) | |
| Reserve coverage of noncurrent | 262.24% | |
| Real estate % of loans | 86% | |
| Construction % of loans | 100.16% (p87 of band) | |
| Auto loans | $27.6M (1.43% of loans; DQ 0.41%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 5.9% | |
| Employees | 306 | |

## Flags firing in the latest filing

- **construction >100% equity** (`conc_construction`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | charge-offs p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 2 |  | charge-offs p90 |
| 2011-09 | 1 |  | construction >100% equity |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 0 |  | reserve under noncurrent |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 1 | capital falling |  |
| 2013-12 | 0 |  | capital falling |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 1 | capital falling |  |
| 2015-03 | 0 |  | capital falling |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | capital falling |  |
| 2017-03 | 0 |  | capital falling |
| 2017-06 | 0 |  |  |
| 2017-09 | 1 | construction >100% equity |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 0 |  | construction >100% equity |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2019-06 | 1 |  | noncurrent p90 |
| 2019-09 | 1 |  |  |
| 2019-12 | 0 |  | reserve under noncurrent |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 1 | capital falling |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 2 | construction >100% equity |  |
| 2021-09 | 1 |  | capital falling |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 3 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-09 | 3 |  |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 2 |  | AOCI drag >20% of equity |
| 2023-06 | 3 | capital falling |  |
| 2023-09 | 3 |  |  |
| 2023-12 | 1 |  | securities losses >30% of equity, capital falling |
| 2024-03 | 1 |  |  |
| 2024-06 | 1 |  |  |
| 2024-09 | 2 | capital falling |  |
| 2024-12 | 1 |  | capital falling |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |
| 2026-06 | 1 |  |  |

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

- 2026-06-08 [Southern Utah University, State Bank of Southern Utah ink 15-year partnership - KSL.com](https://news.google.com/rss/articles/CBMiswFBVV95cUxOaUdob3Y4MklpcDlueS1iYmNLSnR5ZmRSajNjTk1GSmZSZ0pQQkVDODlnZWI3Zm5LX1hQQ21Jc09YXzI5cGc0NWhMZ01UbGdlandxVXk5ZlRPQVREcDlXU3FMcWdTcHBFRF9ZZ1dhdE1yNUNRODBuRE1YakdYX0VJUWdqUUdZLWluLWEzMk1ETnFCRnU3LU0wNVNjYi0zRVUzb0tSNXhKVUVTWHpKdmtKaXRsQQ?oc=5) · KSL.com
- 2026-06-02 [SUU and SBSU Announce Landmark 15-Year Sponsorship - Southern Utah University](https://news.google.com/rss/articles/CBMigAFBVV95cUxONmRuWWszYktPSFQ0aG5tcmo2Tjg5NW5LTWk0NEd4TUNnczh6azBHMXllR3dtSkkydGRpZGZYNGstZ05pNi0yTms1NUx4SGQyX3hQTlpaNGQ0clM4Y1pITXV2TDdJV0d6UjhrUVlvcVBWcUlodHpSbXZycWdaM0xjRg?oc=5) · Southern Utah University
- 2024-10-10 [State Bank of Southern Utah announces new CEO - St. George News](https://news.google.com/rss/articles/CBMiyAFBVV95cUxNLWd5dEhkRXltSXVRVGR1c1FCQUFrSFJRNWI5TnpDNm1kUm52X0FSQTZQRWpVd1N1UWhlRWxRRlJaaWRHcDc1LTdsc1kxOXkyWUxfY1REZmEtMkxlWVpidzBqVlF1N1FGT000dTBXRGhINjZ5RnFULUhJWDdWcXZ0cERiRWxpd3I0WlhfYW16bEJJR0FZZGFiOUZZc1gwSUdOajc2STBZTXZTbG1FNWt3alAwTkt6aVJ6NVFkXzFnWUlvSzIyUm9NZQ?oc=5) · St. George News
- 2026-07-11 [SUU Athletics launches Jr. T-Birds Kids Club - Iron County Today](https://news.google.com/rss/articles/CBMi-AFBVV95cUxNUEtmaFBic0pNbWo0Z3JDdlpQOWNBUDdZS3lKOVRndXVVOFd6M3J3UGVXUlRXSGNpc2xXZ2RiUF9UYXlFM2J5QXphaHUtVnVtMk5IdjNPLWhsWlNLQWRpT3lpODNObUxUUnR3ZHVBZ3Z5LU1GRXZpeEFkdDM1QnA4c1NwZ2ZRcmlmaWo5Q09yZ0Z1QkFNekdvOHZRQVZwTEtNUlU0ZzEwWVR0TlVHc3Y1TnRSM3gyMTNGQ1o3UmVvY0NNZkZHWTRYSVBaLVZLZ2tjejJzVjlZNjJpVklkbk96d0NRRVg2TXk2Z2RqVkdBX053MjFGbFd5Rw?oc=5) · Iron County Today
- 2025-10-17 [Don Bulloch Obituary (2025) - Cedar City, UT - Southern Utah Mortuary - Cedar City - legacy.com](https://news.google.com/rss/articles/CBMif0FVX3lxTE42TExvVGh1dFc2UF9kYTdtMUYzWEkySzBhTVVEbF9zRXpMRzVwMGhFbmlxMDhuTXFQTmxuM2c0a0w3a1pCZGFOOVJtdkw1S3ZYczJkcUtCVG5qSW1uQzJZRXR1OTBIa01HZGEtRjM2ZGloOS1UVEl6RUVKckNOM1k?oc=5) · legacy.com
- 2023-01-18 [‘A lot of meaning behind it’: State Bank of Southern Utah unveils new logo reflecting heritage, vision - St. George News](https://news.google.com/rss/articles/CBMiggJBVV95cUxQSHVSQkZLOTFBMTY0RzQzSDFNYkRKWUtnUl9aTVFkWk1rUXUwVG9oTU03UXlta2dyak9SbVU2VVQ3bGN6N0NkNzB3SmhQQnhyc1cwRkMxV3p3Z2xMV2hBTzJZTHpOWFJkemFKaHA3cHc4ZGtETEhzN1JQTmZXaU16VVVfSFdTaDNSeU1lODA0S3BXbjJVV3o2UEdfRlVyMEtvN3JXSTY3ZzdmQ1pDR2h4Z2NjTzI1T1I5Q21KSktWWTBaNC1XemsxX1BjeUdEZFVwYVpkVFRmUEtZWFRrUjBkNGFOT0dmc0ZUNEJjdW9nUkRlenVTUWhMdG5xZURYRVd6MlE?oc=5) · St. George News
- 2026-09-04 [Paul Price Obituary Sep 4, 2026 - Magleby Mortuary](https://news.google.com/rss/articles/CBMiY0FVX3lxTE9qclg3b0tNN3JLSWVKVGZMSV9tY29HWFZqUzl6ZEJaSnRJWGpBd1IzVHEzN1hFWW51Nll6VGNzNzN0NjJIZ2dkdGdpY3dXc2xtd2l6OFFOVnE3dzFoM1dIN3RHdw?oc=5) · Magleby Mortuary
- 2015-04-29 [Greg Jay Amidan Obituary Apr 29, 2015 - Hughes Mortuary](https://news.google.com/rss/articles/CBMiY0FVX3lxTE5jVVMwT1NsQUxwdWRoNk42UTg2QUI1YWNIa3puNkJMMGNXQlZCUDRybFFBYTVoa0J6NFpfQnp2aGY2YWlyUFlyTzltZ2VUNElDbkM1bGlySEZCS01OMWJlXy1Baw?oc=5) · Hughes Mortuary

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=17964 (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/44.json (key "17964", 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.

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