Square Financial Services, Inc.
Salt Lake City, UT
IDRSSD: 5582846
Total Assets
$1.69B
Latest filing
Total Deposits
$495.25M
Latest filing
Net Interest Margin
40.03%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Square Financial Services, Inc.
3165 E Millrock Dr
Salt Lake City, UT 84121
Full Service - Brick and Mortar
Updated 01/30/2026Established 03/01/2021FDIC Certificate 607641
Branches (0)
Page 1 of 1| Name | Address | City / State | ||
|---|---|---|---|---|
| No branch data available. | ||||
| Square Financial Services, Inc. (Main) | 3165 E Millrock Dr | 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 | 03/01/2021 |
| Community Bank | No |
| Ownership Type | Not Mutual |
| ZIP | 84121 |
| 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 | 196 |
| Domestic Offices | 1 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 03/01/2021 |
| Primary Insurance Agency | DIF |
| Website | www.squareup.com/us/en/banking |
| Data Updated | 01/30/2026 |
| CERT | 59177 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $1.69B |
| Total Deposits | $495.25M |
| Total Liabilities | $703.02M |
| Total Equity Capital | $991.22M |
| Net Income | $144.56M |
| Net Loans and Leases | $910.76M |
| Assets Per Employee ($Millions) | $9.16M |
| Bank Premises and Fixed Assets | $407.00k |
| Cash and Balances due from Depository Institutions | $713.11M |
| Deposits Held in Domestic Offices | $495.25M |
Key Performance Ratios
| Return on Assets (ROA) | 37.94% |
| Return on Equity (ROE) | 62.98% |
| Net Interest Margin | 40.03% |
| Efficiency Ratio | 15.59% |
| Tier 1 Risk-Based Capital Ratio | 95.105% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 10.96% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 58.505% |
| Earning Assets to total Assets | 86.41% |
Income and Expense
| Total Interest Income | $137.46M |
| Total Noninterest Income | $152.98M |
| Total Interest Expense | $1.25M |
| Total Noninterest Expense | $45.08M |
| Net Interest Income | $136.21M |
| Pre-tax Net Operating Income | $202.35M |
| Provision for Credit Losses | $41.77M |
| 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 | $207.77M |
| Total Liabilities and Capital | $1.69B |
Securities
| Securities | $6.95M |
| Available-for-sale debt securities | $6.95M |
| 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 Square Financial Services, Inc.?
$1.69B as of the latest filing.
How much are Square Financial Services, Inc.'s total deposits?
$495.25M in total deposits.
Where is Square Financial Services, Inc. located?
Salt Lake City, UT.
What is the Net Interest Margin?
40.03%.
How many domestic offices does it operate?
1.
When was it established?
03/01/2021.
What is the Return on Assets (ROA)?
37.94%.
How much are total loans and leases?
$910.76M (latest filing).
What is the total interest income (latest filing)?
$137.46M.