Utah Independent Bank
Salina, UT
IDRSSD: 256179
Total Assets
$159.78M
Latest filing
Total Deposits
$133.76M
Latest filing
Net Interest Margin
6.72%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Utah Independent Bank
55 S State St
Salina, UT 84654
Full Service - Brick and Mortar
Updated 11/14/2025Established 08/29/1977FDIC Certificate 15702
Branches (3)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Utah Independent Bank (Main) | 55 S State St | Salina, UT |
| BEAVER BRANCH | 195 N Main St | Beaver, UT |
| MONROE BRANCH | 45 W Center St | Monroe, UT |
| MILFORD BRANCH | 326 S Main St | Milford, UT |
Showing 3 of 3
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 member, supervised by FRB |
| Primary Regulator | FED |
| Established Date | 08/29/1977 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 84654 |
| State and County Number | 49041 |
| Subchapter S Corporations | Yes |
| Trust Powers | N/A |
| Federal Reserve ID Number | 12 |
| Numeric code | 13 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | San Francisco |
| Core Based Statistical Area Name | N/A |
Operational Info
| Number of Employees | 24 |
| Domestic Offices | 4 |
| 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 | 08/29/1977 |
| Primary Insurance Agency | DIF |
| Website | www.uib.bank |
| Data Updated | 11/14/2025 |
| CERT | 22514 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $159.78M |
| Total Deposits | $133.76M |
| Total Liabilities | $135.69M |
| Total Equity Capital | $24.10M |
| Net Income | $1.20M |
| Net Loans and Leases | $104.12M |
| Assets Per Employee ($Millions) | $6.66M |
| Bank Premises and Fixed Assets | $1.50M |
| Cash and Balances due from Depository Institutions | $994.00k |
| Deposits Held in Domestic Offices | $133.76M |
Key Performance Ratios
| Return on Assets (ROA) | 3.02% |
| Return on Equity (ROE) | 20.58% |
| Net Interest Margin | 6.72% |
| Efficiency Ratio | 50.45% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.31% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 15.082% |
| Earning Assets to total Assets | 95.54% |
Income and Expense
| Total Interest Income | $2.96M |
| Total Noninterest Income | $168.00k |
| Total Interest Expense | $454.00k |
| Total Noninterest Expense | $1.35M |
| Net Interest Income | $2.51M |
| Pre-tax Net Operating Income | $1.20M |
| Provision for Credit Losses | $123.00k |
| 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 | $26.82M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $1.93M |
| Total Liabilities and Capital | $159.78M |
Securities
| Securities | $20.96M |
| Available-for-sale debt securities | $20.76M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $204.00k |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Utah Independent Bank?
$159.78M as of the latest filing.
How much are Utah Independent Bank's total deposits?
$133.76M in total deposits.
Where is Utah Independent Bank located?
Salina, UT.
What is the Net Interest Margin?
6.72%.
How many domestic offices does it operate?
4.
When was it established?
08/29/1977.
What is the Return on Assets (ROA)?
3.02%.
How much are total loans and leases?
$104.12M (latest filing).
What is the total interest income (latest filing)?
$2.96M.