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 First Electronic Bank
First Electronic Bank
| RSSD ID 2947556 | CERTIFICATE 35533 | ABA NUMBER 124384974 |
| 2150 S 1300 E |
Quarter Ended : |
2025-03-31 |
| Salt Lake City, Utah, 84106 |
Updated : |
2025-04-24 |
| www.firstelectronic.com |
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| Institution Profile |
| Year Opened : |
2000 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
All Other Under 1 Billion |
| Number of Offices : |
1 |
Number of Employees : |
90 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 489,658 |
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Total Interest Income | 27,872 |
| Total Liabilities | 340,158 |
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Total NonInterest Income | 4,450 |
| Total Bank Equity Capital | 149,500 |
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Total Interest Expense | 333 |
| Total Deposits | 324,917 |
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Total NonInterest Expense | 7,705 |
| Net Loans & Leases | 0 |
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Net Income | 18,225 |
| Loan Loss Allowance | 0 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 149,053 |
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Total loans | 189,775 |
| Total assets for the leverage ratio | 460,775 |
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Loans secured by real estate: | 0 |
| Tier 1 Leverage Ratio | 32.35 |
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Commercial and industrial loans | 4,703 |
| Tier 1 Capital Ratio | 52.33 |
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Loans to individuals - Credit Cards | 14,113 |
| Total Capital Ratio | 52.33 |
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Loans to individuals - Other | 170,959 |
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:· First Electronic Bank
