Call reports 2024
BANK OF UTAH — 2024
What BANK OF UTAH reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 3,008,314,000 | 3,282,701,000 | 3,748,765,000 | 3,317,048,000 |
| Total loans | 2,381,226,000 | 2,488,701,000 | 2,582,544,000 | 2,652,035,000 |
| Allowance for loan losses | 31,809,000 | 32,195,000 | 32,427,000 | 32,735,000 |
| Securities available for sale | 224,455,000 | 211,025,000 | 197,332,000 | 188,646,000 |
| Securities held to maturity | 110,241,000 | 108,895,000 | 107,390,000 | 106,071,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,248,912,000 | 2,588,293,000 | 3,028,676,000 | 2,574,705,000 |
| Interest-bearing deposits | 1,600,709,000 | 1,814,886,000 | 1,864,269,000 | 1,919,109,000 |
| Noninterest-bearing deposits | 648,203,000 | 773,407,000 | 1,164,407,000 | 655,596,000 |
| Equity capital | 378,961,000 | 386,801,000 | 400,781,000 | 404,237,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 38,491,000 | 79,859,000 | 124,693,000 | 170,699,000 |
| Interest expense | 15,212,000 | 33,433,000 | 52,819,000 | 72,309,000 |
| Net interest income | 23,279,000 | 46,426,000 | 71,874,000 | 98,390,000 |
| Noninterest income | 5,726,000 | 12,272,000 | 18,486,000 | 26,184,000 |
| Noninterest expense | 17,199,000 | 33,740,000 | 51,279,000 | 69,874,000 |
| Provision for loan losses | 100,000 | 500,000 | 800,000 | 2,600,000 |
| Pretax income | 11,650,000 | 24,364,000 | 38,182,000 | 51,771,000 |
| Income tax | 2,207,000 | 4,337,000 | 7,239,000 | 10,138,000 |
| Net income | 9,443,000 | 20,027,000 | 30,943,000 | 41,633,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 385,684,000 | 393,494,000 | 401,631,000 | 409,541,000 |
| Total capital | 414,204,000 | 422,851,000 | 431,897,000 | 441,201,000 |
| Risk-weighted assets | 2,275,797,000 | 2,343,259,000 | 2,416,431,000 | 2,529,038,000 |