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 Square Financial Services, Inc.
Square Financial Services, Inc.
| RSSD ID 5582846 | CERTIFICATE 59177 | ABA NUMBER 124085367 |
| 3165 E Millrock Dr |
Quarter Ended : |
2025-03-31 |
| Salt Lake City, Utah, 84121 |
Updated : |
2025-04-30 |
| www.squareup.com/us/en/banking |
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| Institution Profile |
| Year Opened : |
2021 |
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 : |
Commercial Lending Specialization |
| Number of Offices : |
1 |
Number of Employees : |
138 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 1,016,616 |
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Total Interest Income | 38,762 |
| Total Liabilities | 369,773 |
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Total NonInterest Income | 78,776 |
| Total Bank Equity Capital | 646,843 |
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Total Interest Expense | 1,361 |
| Total Deposits | 330,219 |
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Total NonInterest Expense | 39,122 |
| Net Loans & Leases | 404,343 |
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Net Income | 52,356 |
| Loan Loss Allowance | 26,496 |
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Net Charge Offs | 4,442 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 653,832 |
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Total loans | 449,968 |
| Total assets for the leverage ratio | 962,624 |
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Loans secured by real estate: | 0 |
| Tier 1 Leverage Ratio | 67.2 |
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Commercial and industrial loans | 448,189 |
| Tier 1 Capital Ratio | 121.21 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 122.51 |
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Loans to individuals - Other | 0 |
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:· Square Financial Services, Inc.
