First Electronic Bank
Salt Lake City, UT
IDRSSD: 2947556
Total Assets
$522.05M
Latest filing
Total Deposits
$332.25M
Latest filing
Net Interest Margin
15.86%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
First Electronic Bank
2150 S 1300 E
Salt Lake City, UT 84106
Full Service - Brick and Mortar
Updated 11/14/2025Established 10/05/2000FDIC Certificate 81328
Branches (0)
Page 1 of 1| Name | Address | City / State | ||
|---|---|---|---|---|
| No branch data available. | ||||
| First Electronic Bank (Main) | 2150 S 1300 E | Salt Lake City, UT | ||
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 10/05/2000 |
| Community Bank | No |
| Ownership Type | Not Mutual |
| ZIP | 84106 |
| State and County Number | 49035 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 12 |
| Numeric code | 23 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | San Francisco |
| Core Based Statistical Area Name | Salt Lake City, UT |
Operational Info
| Number of Employees | 99 |
| Domestic Offices | 1 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 10/25/2024 |
| Date of Deposit Insurance | 10/05/2000 |
| Primary Insurance Agency | DIF |
| Website | www.firstelectronic.com |
| Data Updated | 11/14/2025 |
| CERT | 35533 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $522.05M |
| Total Deposits | $332.25M |
| Total Liabilities | $347.68M |
| Total Equity Capital | $174.37M |
| Net Income | $11.85M |
| Net Loans and Leases | $185.67M |
| Assets Per Employee ($Millions) | $4.97M |
| Bank Premises and Fixed Assets | $5.00M |
| Cash and Balances due from Depository Institutions | $323.72M |
| Deposits Held in Domestic Offices | $332.25M |
Key Performance Ratios
| Return on Assets (ROA) | 9.17% |
| Return on Equity (ROE) | 28.13% |
| Net Interest Margin | 15.86% |
| Efficiency Ratio | 33.75% |
| Tier 1 Risk-Based Capital Ratio | 87.681% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 33.401% |
| Earning Assets to total Assets | 97.95% |
Income and Expense
| Total Interest Income | $20.40M |
| Total Noninterest Income | $3.71M |
| Total Interest Expense | $285.00k |
| Total Noninterest Expense | $8.04M |
| Net Interest Income | $20.11M |
| Pre-tax Net Operating Income | $15.78M |
| Provision for Credit Losses | $0 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $15.43M |
| Total Liabilities and Capital | $522.05M |
Securities
| Securities | $2.26M |
| Available-for-sale debt securities | $2.26M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of First Electronic Bank?
$522.05M as of the latest filing.
How much are First Electronic Bank's total deposits?
$332.25M in total deposits.
Where is First Electronic Bank located?
Salt Lake City, UT.
What is the Net Interest Margin?
15.86%.
How many domestic offices does it operate?
1.
When was it established?
10/05/2000.
What is the Return on Assets (ROA)?
9.17%.
How much are total loans and leases?
$185.67M (latest filing).
What is the total interest income (latest filing)?
$20.40M.