Call reports 2023
BANK OF UTAH — 2023
What BANK OF UTAH reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 2,537,075,000 | 2,671,817,000 | 2,832,249,000 | 2,912,354,000 |
| Total loans | 1,847,146,000 | 2,042,629,000 | 2,123,029,000 | 2,289,688,000 |
| Allowance for loan losses | 26,340,000 | 28,333,000 | 29,327,000 | 31,717,000 |
| Securities available for sale | 258,500,000 | 248,041,000 | 233,782,000 | 233,463,000 |
| Securities held to maturity | 121,317,000 | 119,945,000 | 118,314,000 | 116,626,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,002,989,000 | 2,072,853,000 | 2,224,427,000 | 2,113,286,000 |
| Interest-bearing deposits | 1,094,239,000 | 1,171,445,000 | 1,269,596,000 | 1,344,880,000 |
| Noninterest-bearing deposits | 908,750,000 | 901,408,000 | 954,831,000 | 768,406,000 |
| Equity capital | 345,681,000 | 352,419,000 | 355,526,000 | 373,331,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 28,015,000 | 59,079,000 | 92,775,000 | 128,943,000 |
| Interest expense | 3,623,000 | 10,739,000 | 21,042,000 | 33,314,000 |
| Net interest income | 24,392,000 | 48,340,000 | 71,733,000 | 95,629,000 |
| Noninterest income | 5,702,000 | 11,602,000 | 17,122,000 | 22,735,000 |
| Noninterest expense | 14,653,000 | 29,962,000 | 45,839,000 | 61,601,000 |
| Provision for loan losses | 1,800,000 | 3,800,000 | 4,800,000 | 7,200,000 |
| Pretax income | 13,751,000 | 26,192,000 | 38,019,000 | 49,670,000 |
| Income tax | 2,837,000 | 5,205,000 | 7,275,000 | 9,166,000 |
| Net income | 10,914,000 | 20,987,000 | 30,744,000 | 40,504,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 353,568,000 | 362,200,000 | 369,149,000 | 379,012,000 |
| Total capital | 377,348,000 | 388,121,000 | 395,582,000 | 406,800,000 |
| Risk-weighted assets | 1,897,941,000 | 2,069,276,000 | 2,109,570,000 | 2,216,635,000 |