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Square Financial Services, Inc.
Salt Lake City, UT · FDIC Certificate #59177 · Chartered 03/0
Total assets
$2.06B
Total deposits
$559.35M
Total equity
$1.35B
Net loans
$1.29B
Branches (offices)
1
Net income (YTD)
$350.46M
Rank: #593 of 4,213 U.S. banks by assets · #25 of 44 in Utah. Assets changed 77.9% and deposits 50.8% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 37.85% |
| Return on equity | 59.97% |
| Net interest margin (YTD) | 42.73% |
| Equity to assets | 65.80% |
| Tier 1 leverage ratio | 65.19% |
| Uninsured deposits (share of deposits) | 30.4% |
| Noncurrent loans (share of loans) | 0.67% |
| Net charge-offs (share of loans) | 14.66% |
| Loans to deposits | 230.0% |
| Real estate loans (share of loans) | 0.0% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $0 | 0.0% | |
| Commercial & industrial | $472.75M | 36.7% | |
| Consumer / individual | $917.65M | 71.3% | |
| 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 | $327.98M | $142.98M | $46.04M | $161.16M |
| Jun 2023 | $555.11M | $204.90M | $57.12M | $319.51M |
| Jun 2024 | $816.10M | $255.93M | $84.63M | $501.26M |
| Jun 2025 | $1.16B | $371.00M | $122.92M | $721.01M |
| Jun 2026 | $2.06B | $559.35M | $350.46M | $1.35B |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Utah | $559.35M | 1 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $559.35M.
Similar-sized banks
Timberland Bank ($2.06B) · First United Bank & Trust ($2.05B)
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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