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First Electronic Bank
Salt Lake City, UT · FDIC Certificate #35533 · Chartered 10/0
Total assets
$502.86M
Total deposits
$285.63M
Total equity
$198.33M
Net loans
$203.19M
Branches (offices)
1
Net income (YTD)
$18.72M
Rank: #1,779 of 4,213 U.S. banks by assets · #35 of 44 in Utah. Assets changed -1.8% and deposits -14.4% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 7.94% |
| Return on equity | 19.26% |
| Net interest margin (YTD) | 17.17% |
| Equity to assets | 39.44% |
| Tier 1 leverage ratio | 46.82% |
| Uninsured deposits (share of deposits) | 98.3% |
| Noncurrent loans (share of loans) | 0.01% |
| Net charge-offs (share of loans) | 0.11% |
| Loans to deposits | 71.1% |
| Real estate loans (share of loans) | 0.0% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $0 | 0.0% | |
| Commercial & industrial | $4.40M | 2.2% | |
| Consumer / individual | $200.06M | 98.5% | |
| Construction & development | $0 | 0.0% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $131.17M | $81.10M | $11.67M | $39.81M |
| Jun 2023 | $196.65M | $121.92M | $14.03M | $67.96M |
| Jun 2024 | $428.89M | $310.01M | $25.17M | $107.17M |
| Jun 2025 | $511.85M | $333.50M | $36.23M | $162.49M |
| Jun 2026 | $502.86M | $285.63M | $18.72M | $198.33M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Utah | $285.63M | 1 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $285.63M.
Similar-sized banks
Hamlin Bank And Trust Company ($503.39M) · Unico Bank ($502.64M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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