Call reports 2023
FIRST UTAH BANK — 2023
What FIRST UTAH BANK 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 | 728,543,000 | 687,253,000 | 695,454,000 | 717,616,000 |
| Total loans | 502,332,000 | 497,445,000 | 509,159,000 | 538,612,000 |
| Allowance for loan losses | 6,396,000 | 5,841,000 | 5,750,000 | 6,529,000 |
| Securities available for sale | 20,590,000 | 30,671,000 | 40,933,000 | 41,393,000 |
| Securities held to maturity | 85,397,000 | 86,275,000 | 87,794,000 | 85,460,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 562,556,000 | 575,077,000 | 587,920,000 | 592,740,000 |
| Interest-bearing deposits | 370,571,000 | 407,137,000 | 413,821,000 | 425,647,000 |
| Noninterest-bearing deposits | 191,984,000 | 167,941,000 | 174,098,000 | 167,093,000 |
| Equity capital | 67,010,000 | 67,750,000 | 68,671,000 | 69,977,000 |
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 | 10,553,000 | 21,742,000 | 33,127,000 | 45,045,000 |
| Interest expense | 2,263,000 | 5,339,000 | 8,742,000 | 12,612,000 |
| Net interest income | 8,290,000 | 16,403,000 | 24,385,000 | 32,433,000 |
| Noninterest income | 728,000 | 1,490,000 | 2,383,000 | 2,809,000 |
| Noninterest expense | 5,399,000 | 11,423,000 | 16,903,000 | 22,344,000 |
| Provision for loan losses | 300,000 | 750,000 | 1,750,000 | 2,970,000 |
| Pretax income | 3,319,000 | 5,720,000 | 8,115,000 | 9,928,000 |
| Income tax | 828,000 | 1,442,000 | 2,056,000 | 2,497,000 |
| Net income | 2,491,000 | 4,278,000 | 6,059,000 | 7,431,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,075,000 | 67,305,000 | 68,679,000 | 69,813,000 |
| Total capital | 73,471,000 | 73,146,000 | 74,429,000 | 76,342,000 |
| Risk-weighted assets | 555,600,000 | 545,020,000 | 553,310,000 | 578,273,000 |