Milestone Bank
Salt Lake City, UT
IDRSSD: 3407084
Total Assets
$374.57M
Latest filing
Total Deposits
$313.63M
Latest filing
Net Interest Margin
6.19%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
124385180SALT LAKE CITY, UT
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Milestone Bank
310 South Main St., Suite 900
Salt Lake City, UT 84101
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/26/2006FDIC Certificate 440523
Branches (0)
Page 1 of 1| Name | Address | City / State | ||
|---|---|---|---|---|
| No branch data available. | ||||
| Milestone Bank (Main) | 310 South Main St., Suite 900 | Salt Lake City, UT | ||
Quarterly Trends
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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 | 01/26/2006 |
| Community Bank | No |
| Ownership Type | Not Mutual |
| ZIP | 84101 |
| 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 | 60 |
| Domestic Offices | 1 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 10/16/2023 |
| Date of Deposit Insurance | 01/26/2006 |
| Primary Insurance Agency | DIF |
| Website | www.milestonebank.com |
| Data Updated | 01/30/2026 |
| CERT | 58148 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $374.57M |
| Total Deposits | $313.63M |
| Total Liabilities | $322.71M |
| Total Equity Capital | $51.86M |
| Net Income | $-498,000 |
| Net Loans and Leases | $327.57M |
| Assets Per Employee ($Millions) | $6.04M |
| Bank Premises and Fixed Assets | $751.00k |
| Cash and Balances due from Depository Institutions | $33.11M |
| Deposits Held in Domestic Offices | $313.63M |
Key Performance Ratios
| Return on Assets (ROA) | -0.52% |
| Return on Equity (ROE) | -3.82% |
| Net Interest Margin | 6.19% |
| Efficiency Ratio | 42.81% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 5.01% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 13.845% |
| Earning Assets to total Assets | 96.7% |
Income and Expense
| Total Interest Income | $9.00M |
| Total Noninterest Income | $1.45M |
| Total Interest Expense | $3.30M |
| Total Noninterest Expense | $3.06M |
| Net Interest Income | $5.71M |
| Pre-tax Net Operating Income | $-665,000 |
| Provision for Credit Losses | $4.76M |
| 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 | $5.00k |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $9.07M |
| Total Liabilities and Capital | $374.57M |
Securities
| Securities | $3.31M |
| Available-for-sale debt securities | $0 |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $2.73M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Milestone Bank?
$374.57M as of the latest filing.
How much are Milestone Bank's total deposits?
$313.63M in total deposits.
Where is Milestone Bank located?
Salt Lake City, UT.
What is the Net Interest Margin?
6.19%.
How many domestic offices does it operate?
1.
When was it established?
01/26/2006.
What is the Return on Assets (ROA)?
-0.52%.
How much are total loans and leases?
$327.57M (latest filing).
What is the total interest income (latest filing)?
$9.00M.