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Banks · Utah

Sunwest Bank

Sandy, UT · FDIC Certificate #20164 · Chartered 04/0

Total assets
$4.41B
Total deposits
$3.40B
Total equity
$412.01M
Net loans
$3.46B
Branches (offices)
9
Net income (YTD)
$34.51M
Rank: #316 of 4,213 U.S. banks by assets · #17 of 44 in Utah. Assets changed 18.6% and deposits 7.7% over the year to June 30, 2026.
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Key ratios

Return on assets (YTD, annualized by FDIC)1.62%
Return on equity17.39%
Net interest margin (YTD)4.29%
Equity to assets9.35%
Tier 1 leverage ratio9.71%
Uninsured deposits (share of deposits)53.1%
Noncurrent loans (share of loans)0.60%
Net charge-offs (share of loans)-0.00%
Loans to deposits101.8%
Real estate loans (share of loans)64.2%

Loan mix

CategoryAmountShare
Real estate loans$2.22B
64.2%
Commercial & industrial$727.88M
21.1%
Consumer / individual$198.19M
5.7%
Construction & development$183.01M
5.3%
Agricultural$655.00K
0.0%

Five-year trend (June snapshots)

PeriodTotal assetsDepositsNet income (year to date)Equity / net worth
Jun 2022$2.39B$2.04B$13.09M$211.76M
Jun 2023$2.80B$2.34B$16.42M$234.31M
Jun 2024$3.38B$2.58B$17.19M$279.54M
Jun 2025$3.72B$3.15B$29.82M$346.37M
Jun 2026$4.41B$3.40B$34.51M$412.01M

Where its branch deposits sit (FDIC Summary of Deposits)

StateBranch depositsOffices
California$2.59B3
Idaho$309.98M2
Utah$199.59M1
Arizona$186.55M2
Florida$105.30M1

Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $3.40B.

Similar-sized banks

First Business Bank ($4.41B) · Texas Bank And Trust Company ($4.34B)

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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