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Utah Independent Bank
Salina, UT · FDIC Certificate #22514 · Chartered 08/2
Total assets
$170.87M
Total deposits
$143.19M
Total equity
$25.83M
Net loans
$119.66M
Branches (offices)
4
Net income (YTD)
$2.83M
Rank: #3,170 of 4,213 U.S. banks by assets · #40 of 44 in Utah. Assets changed 7.8% and deposits 6.9% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 3.43% |
| Return on equity | 23.04% |
| Net interest margin (YTD) | 6.88% |
| Equity to assets | 15.12% |
| Tier 1 leverage ratio | 16.31% |
| Uninsured deposits (share of deposits) | 20.8% |
| Noncurrent loans (share of loans) | 1.82% |
| Net charge-offs (share of loans) | -0.07% |
| Loans to deposits | 83.6% |
| Real estate loans (share of loans) | 77.4% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $92.57M | 77.4% | |
| Commercial & industrial | $18.73M | 15.7% | |
| Consumer / individual | $4.59M | 3.8% | |
| Construction & development | $27.21M | 22.7% | |
| Agricultural | $6.38M | 5.3% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $142.87M | $125.89M | $1.05M | $15.38M |
| Jun 2023 | $133.22M | $114.38M | $2.03M | $17.21M |
| Jun 2024 | $143.90M | $122.03M | $2.46M | $20.17M |
| Jun 2025 | $158.44M | $133.97M | $1.95M | $22.62M |
| Jun 2026 | $170.87M | $143.19M | $2.83M | $25.83M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Utah | $143.19M | 4 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $143.19M.
Similar-sized banks
The Peoples National Bank Of Checotah ($171.85M) · Farmers And Merchants Bank ($170.65M)
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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