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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 : |
2025-12-31 |
| Salt Lake City, Utah, 84121 |
Updated : |
2026-01-30 |
| 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 : |
185 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 1,694,247 |
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Total Interest Income | 314,723 |
| Total Liabilities | 703,024 |
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Total NonInterest Income | 446,192 |
| Total Bank Equity Capital | 991,223 |
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Total Interest Expense | 4,985 |
| Total Deposits | 495,255 |
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Total NonInterest Expense | 170,664 |
| Net Loans & Leases | 881,063 |
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Net Income | 387,769 |
| Loan Loss Allowance | 66,443 |
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Net Charge Offs | 32,965 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 1,005,068 |
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Total loans | 947,292 |
| Total assets for the leverage ratio | 1,499,864 |
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Loans secured by real estate: | 0 |
| Tier 1 Leverage Ratio | 66.1 |
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Commercial and industrial loans | 464,959 |
| Tier 1 Capital Ratio | 95.1 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 96.42 |
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Loans to individuals - Other | 480,326 |
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