# FIRST UTAH BANK
SALT LAKE CITY, UT · FDIC certificate 22738 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 5 (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 | $840.3M | |
| Deposits | $688.5M | |
| Loans and leases | $634.4M | |
| Total equity | $85.4M | |
| Loans / deposits | 90.79% (p72 of band) | 82.04% |
| Liquid assets / assets | 21.25% (p36 of band) | |
| Uninsured deposits / deposits | 17.97% (p22 of band) | 25.97% |
| Brokered deposits | 13.17% | |
| Wholesale funding | 19.71% (p93 of band) | |
| FHLB advances / assets | 6.55% | |
| Tier 1 leverage | 10.22% (p40 of band) | 10.81% |
| Unrealized securities loss / equity | -12.05% (p38 of band) | -8.10% |
| AOCI / equity | -0.41% (p46 of band) | |
| ROA (annualized) | 0.74% (p19 of band) | 1.28% |
| Net interest margin | 4.50% (p83 of band) | 3.91% |
| Efficiency ratio | 61.17% (p50 of band) | |
| Noncurrent loans | 6.39% (p99 of band) | 0.43% |
| Net charge-offs (annualized) | 0.80% (p98 of band) | |
| Reserve coverage of noncurrent | 22.83% | |
| Real estate % of loans | 77% | |
| Construction % of loans | 86.10% (p80 of band) | |
| Auto loans | $187,000 (0.03% of loans; DQ 27.27%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -3.1% | |
| Employees | 110 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 6 | leverage <7%, losing money, expense ratio p90, noncurrent p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 7 | charge-offs p90 |  |
| 2011-09 | 7 |  |  |
| 2011-12 | 4 |  | leverage <7%, noncurrent p90, charge-offs p90 |
| 2012-03 | 8 | noncurrent p90, deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2012-06 | 6 |  | noncurrent p90, uninsured deposits leaving |
| 2012-09 | 4 | capital falling | reserve under noncurrent, deposits shrinking, assets shrinking |
| 2012-12 | 3 |  | construction >100% equity |
| 2013-03 | 6 | leverage <7%, charge-offs p90, construction >100% equity |  |
| 2013-06 | 2 |  | losing money, capital falling, leverage <7%, charge-offs p90 |
| 2013-09 | 3 | leverage <7% |  |
| 2013-12 | 1 |  | expense ratio p90, leverage <7% |
| 2014-03 | 1 |  |  |
| 2014-06 | 3 | wholesale funding >15%, expense ratio p90 |  |
| 2014-09 | 3 | capital falling | expense ratio p90 |
| 2014-12 | 4 | leverage <7%, expense ratio p90 | wholesale funding >15% |
| 2015-03 | 3 |  | expense ratio p90 |
| 2015-06 | 1 |  | capital falling, leverage <7% |
| 2015-09 | 1 | uninsured deposits leaving | construction >100% equity |
| 2015-12 | 3 | deposits shrinking, assets shrinking |  |
| 2016-03 | 3 |  |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 2 | noncurrent p90, reserve under noncurrent | uninsured deposits leaving, deposits shrinking, assets shrinking |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 2 |  |  |
| 2018-06 | 1 |  | noncurrent p90 |
| 2018-09 | 3 | loans exceed deposits, wholesale funding >15% |  |
| 2018-12 | 3 | uninsured deposits leaving | wholesale funding >15% |
| 2019-03 | 2 | charge-offs p90 | loans exceed deposits, uninsured deposits leaving |
| 2019-06 | 1 |  | charge-offs p90 |
| 2019-09 | 3 | capital falling, noncurrent p90 |  |
| 2019-12 | 1 |  | capital falling, noncurrent p90 |
| 2020-03 | 1 |  |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 2 | capital falling |  |
| 2020-12 | 0 |  | reserve under noncurrent, capital falling |
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 1 | charge-offs p90 |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 2 | construction >100% equity |  |
| 2022-12 | 1 |  | construction >100% equity |
| 2023-03 | 4 | wholesale funding >15%, deposits shrinking, uninsured deposits leaving |  |
| 2023-06 | 2 |  | wholesale funding >15%, deposits shrinking |
| 2023-09 | 2 |  |  |
| 2023-12 | 5 | brokered >10%, wholesale funding >15%, construction >100% equity |  |
| 2024-03 | 5 | capital falling, reserve under noncurrent | brokered >10%, construction >100% equity |
| 2024-06 | 4 |  | uninsured deposits leaving |
| 2024-09 | 3 | brokered >10% | wholesale funding >15%, reserve under noncurrent |
| 2024-12 | 4 | wholesale funding >15% |  |
| 2025-03 | 4 | reserve under noncurrent | charge-offs p90 |
| 2025-06 | 4 | noncurrent p90, charge-offs p90 | capital falling, brokered >10% |
| 2025-09 | 5 | brokered >10% |  |
| 2025-12 | 5 |  |  |
| 2026-03 | 6 | deposits shrinking |  |
| 2026-06 | 5 |  | deposits shrinking |

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

- 2015-06-23 [Police: Man robs bank, flees on bicycle - KSL.com](https://news.google.com/rss/articles/CBMijAFBVV95cUxNUENHM0hUMXRvRFJNQmdOMmJjZFh5ekhzNjBJQXFUY2FyQjF2azVLLWRqUldNRjM1MWxYNTRzQ1VDelZGbU52emtUejA3TWoxNnByWUxORmsxQjNoY3lTLXpnSk9mNEZ5eldKM25uMko2ZFJ1dk92NDM3OFRQbHExR3BxVk1ZRm1TelNIaw?oc=5) · KSL.com
- 2026-07-01 [Liberty Wells strip mall to be razed for apartments, townhomes near 1300 South - Building Salt Lake](https://news.google.com/rss/articles/CBMiqwFBVV95cUxPbnRfbGZkV3lZSHQxcE1YSnJkbGk1U0JiZ28yWkZDa2hmc1lLak1WY0FPZVk2cnBhSm1xNC0zaU43bTRITnI0M3g1MlFhclFRUDFUNm9lVXVJUXRrYmtGYWoxdTZNTU03dTdBMENEYTgtME5WUE9pbVgxUTNnWWdjV0RuT1NmUEQ4VHpnZlhBSm5IdnlTckRIWFpIcVlVOHFaSUR2MjZxakc5VEE?oc=5) · Building Salt Lake
- 2025-10-09 [Joyce Martha Thurman Obituary Oct 9, 2025 - Gillies Funeral Chapel](https://news.google.com/rss/articles/CBMiZ0FVX3lxTE1KV3NMYmV0MC15MTNOV0VySGRXVFhZYzBERnNfZzAxcDhEYVpaRDVQcWs3NExKcmdVS0FwV2VmWWJDcHBJd3RJYVItU2E2eFd6VWY0eHZ3X2VRcGZIZjFnU3VWRllDcmM?oc=5) · Gillies Funeral Chapel
- 2021-10-16 [Patrice Bolyard-Coffman Obituary (2009) - Salt Lake City, UT - Deseret News - legacy.com](https://news.google.com/rss/articles/CBMinwFBVV95cUxNUW5sdlhTRmw4TUs1d3E3MHRJNmEybmJvd2tZZ29memlHd1pkNW5LdGJVWnFDbTY3Z3d3TFpPb0JuMTk3bzZaQ0RPUHJkU2h0QjBqbVV2a08xTWdXMkhhR2VrY3VYbTR4OUY2WmpJSUNlaVpQMjNnYzdoRldrekdDcF9VZGZWOV9YSzEyRUtnS1duRXN6N1ZrcjRkZVRoajA?oc=5) · legacy.com
- 2013-02-02 [Police, citizen help nab suspected bank robbers on spree - KSL.com](https://news.google.com/rss/articles/CBMipAFBVV95cUxPYlJraElQTHYzYVpzMjZ1TUktNDhHd1M1WXhRa2ZpSjZBUmZ2YjFGdmJSM1YxYmFBb0tjckpGbHNYWXJuSkpPclBtejAyRndSWTBjeWc2R29rc3c2cEJLeW5kcmEwbEpsXzQxb0s3MTlVbHRwUmpNeFlBZ2RibHlreGFaQmxoMVlkMTY1bWZnT3BNM3plSFh6UFo0ajNOWHRKdXhubQ?oc=5) · KSL.com
- 2025-06-06 [New project pitched for State Street and 1300 S shopping center site - Building Salt Lake](https://news.google.com/rss/articles/CBMipgFBVV95cUxPQ1VBU3B1MmtSNWxPcmYxU3lEQ2RfcVdVeHBzU0VtSDB0ZzRzdEZtZkQzU1FaU1N0VGZzMEtOS3c4TV93TWQ3ZTRYVnVBV18talIxVExMS2ZsQUY5dTV0TF9vLWs1YkFGRWpCWTNlcEp6OTVHQnJtMEFXSnllQ24yYU5Ta2VDU1Y0TVJhLUdVbE9XRUhxSXhKaXhsNm1pWXpBWmNKbjN3?oc=5) · Building Salt Lake
- 2021-03-31 [Milo Marsden Obituary (1933 - 2021) - Salt Lake City, UT - The Salt Lake Tribune - legacy.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxOMnNVRWJVWk9fZGlZRFRGYmt5YVJQcXVrT1Vhb214czd6azh2bFkxamw2b0E3d2FsYUp2b1pBZVFBNlR4SXBRaTBWYlAwb1JtZE90c0NJNDZCQy0ySlJ2QUVYdzRzUkp2cnBYeHY4TllfekM0Y205UG91d21mYUlGTkZPSmxvSEdnbUV3MjYtdGhKd3Vq?oc=5) · legacy.com
- 2005-09-02 [Another Bank of Ephraim Employee Sentenced for Embezzlement - KSL.com](https://news.google.com/rss/articles/CBMipwFBVV95cUxOZHVJdVZieHZVLTExUi1JcXR5LXE0c1BQVDFocEZJQXZXcnZ6RmpueWRaVXBiOHRtTk1aYVdsdkFxTjNOVC1sMHdwV2kzdkdjWHREWDJrbEtLZmkySUhENVFEVXVHNW1weENEYmRNb3E3TVBuSDFndkFuS2FCMjl6QWNNUGpaX3lOR1p2UW5rb2UtUE1nc2xROE5GMVBhR1k4TlNCUGxLTQ?oc=5) · KSL.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=22738 (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/18.json (key "22738", 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