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State Bank Of Southern Utah
Cedar City, UT · FDIC Certificate #17964 · Chartered 11/2
Total assets
$2.74B
Total deposits
$2.40B
Total equity
$312.22M
Net loans
$1.90B
Branches (offices)
17
Net income (YTD)
$23.52M
Rank: #468 of 4,213 U.S. banks by assets · #23 of 44 in Utah. Assets changed 3.8% and deposits 5.9% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.76% |
| Return on equity | 15.58% |
| Net interest margin (YTD) | 4.22% |
| Equity to assets | 11.40% |
| Tier 1 leverage ratio | 12.04% |
| Uninsured deposits (share of deposits) | 29.9% |
| Noncurrent loans (share of loans) | 0.47% |
| Net charge-offs (share of loans) | 0.27% |
| Loans to deposits | 79.3% |
| Real estate loans (share of loans) | 87.0% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $1.65B | 87.0% | |
| Commercial & industrial | $190.25M | 10.0% | |
| Consumer / individual | $41.07M | 2.2% | |
| Construction & development | $312.70M | 16.5% | |
| Agricultural | $30.39M | 1.6% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $2.19B | $1.97B | $13.39M | $169.72M |
| Jun 2023 | $2.38B | $1.96B | $11.22M | $187.29M |
| Jun 2024 | $2.51B | $2.03B | $10.11M | $219.41M |
| Jun 2025 | $2.64B | $2.26B | $17.59M | $264.70M |
| Jun 2026 | $2.74B | $2.40B | $23.52M | $312.22M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Utah | $2.40B | 17 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $2.40B.
Similar-sized banks
Open Bank ($2.75B) · Cornerstone Bank ($2.73B)
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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