First Electronic Bank
Salt Lake City, UT
IDRSSD: 2947556
Total Assets
$482.44M
Latest filing
Total Deposits
$271.37M
Latest filing
Net Interest Margin
19.79%
Profitability
Key People
Loading leadership data...
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 01/30/2026Established 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
Similar banks
Milestone Bank
Salt Lake City, Utah
→
Assets: $385.28MΔ -26.2%
Brighton Bank
Salt Lake City, Utah
→
Assets: $334.49MΔ -35.9%
The Pitney Bowes Bank, Inc.
Salt Lake City, Utah
→
Assets: $810.98MΔ +55.3%
First Utah Bank
Salt Lake City, Utah
→
Assets: $855.70MΔ +63.9%
Continental Bank
Salt Lake City, Utah
→
Assets: $188.25MΔ -63.9%
Home Savings Bank
Salt Lake City, Utah
→
Assets: $116.91MΔ -77.6%
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 | 105 |
| 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 | 01/30/2026 |
| CERT | 35533 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $482.44M |
| Total Deposits | $271.37M |
| Total Liabilities | $294.25M |
| Total Equity Capital | $188.19M |
| Net Income | $13.83M |
| Net Loans and Leases | $120.90M |
| Assets Per Employee ($Millions) | $4.16M |
| Bank Premises and Fixed Assets | $5.65M |
| Cash and Balances due from Depository Institutions | $348.58M |
| Deposits Held in Domestic Offices | $271.37M |
Key Performance Ratios
| Return on Assets (ROA) | 11.02% |
| Return on Equity (ROE) | 30.53% |
| Net Interest Margin | 19.79% |
| Efficiency Ratio | 37.53% |
| Tier 1 Risk-Based Capital Ratio | 140.525% |
| 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 | 39.008% |
| Earning Assets to total Assets | 97.82% |
Income and Expense
| Total Interest Income | $24.52M |
| Total Noninterest Income | $5.18M |
| Total Interest Expense | $199.00k |
| Total Noninterest Expense | $11.07M |
| Net Interest Income | $24.32M |
| Pre-tax Net Operating Income | $18.43M |
| Provision for Credit Losses | $0 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| 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 | $22.87M |
| Total Liabilities and Capital | $482.44M |
Securities
| Securities | $2.74M |
| Available-for-sale debt securities | $2.74M |
| Equity securities with readily determinable fair values not held for trading | — |
| 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?
$482.44M as of the latest filing.
How much are First Electronic Bank's total deposits?
$271.37M in total deposits.
Where is First Electronic Bank located?
Salt Lake City, UT.
What is the Net Interest Margin?
19.79%.
How many domestic offices does it operate?
1.
When was it established?
10/05/2000.
What is the Return on Assets (ROA)?
11.02%.
How much are total loans and leases?
$120.90M (latest filing).
What is the total interest income (latest filing)?
$24.52M.