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Bank of Utah

$1B-$10B Specialty: Commercial UT FDIC cert 17159

Ogden, UT

20 branches across UT

884 banks in the $1B-$10B peer group nationally 16 in UT
View $1B-$10B leaderboard (UT) →

Bank of Utah has 2 strengths but faces 5 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.
Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

  • + Credit Quality Leader: Top 19.5% in tier
  • + Nonperforming Asset Ratio 0.61% below tier average

Key Concerns

Areas that may need attention

  • - Credit Quality Pressure: Bottom 10.1% in tier
  • - Cost Spiral: Bottom 22.6% in tier
  • - Credit Risk Growth: Bottom 24.8% in tier
  • - Liquidity Overhang: Bottom 28.7% in tier
  • - Net Interest Margin 0.21% below tier average
Get updates when Bank of Utah releases new data →

Core Metrics

As of 2026-Q1

Metric Current vs Tier Tier Avg State Avg (UT) National Avg Tier Percentile
Total Assets ? $3.7B
+6.1% YoY +4.2% QoQ
+$910.1M $2.8B
-0.1% YoY
$31.5B
+16.1% YoY
$6.2B
+9.1% YoY
78%
Total Loans ? $2.9B
+6.0% YoY +1.2% QoQ
+$915.0M $2.0B
+0.6% YoY
$18.8B
+6.7% YoY
$3.2B
+10.8% YoY
81%
Total Deposits ? $2.9B
+3.2% YoY +0.0% QoQ
+$519.1M $2.3B
-0.3% YoY
$24.2B
+10.6% YoY
$4.8B
+8.2% YoY
76%
Return on Assets ? 1.32%
+5.9% YoY -1.6% QoQ
-0.04% 1.37%
+19.6% YoY
2.19%
+3.7% YoY
1.23%
+13.4% YoY
59%
Net Interest Margin ? 3.60%
+13.6% YoY +4.8% QoQ
-0.21% 3.82%
+6.9% YoY
7.79%
+9.7% YoY
3.89%
+5.7% YoY
48%
Efficiency Ratio ? 61.95%
+10.1% YoY +7.4% QoQ
+0.89% 61.06%
-4.6% YoY
105.45%
+9.4% YoY
66.95%
-4.1% YoY
42%
Delinquency Rate ? 0.09%
-69.3% QoQ
-0.80% 0.89%
+14.1% YoY
1.46%
+7.1% YoY
0.95%
+18.8% YoY
Top 10.2% in tier
Loan-to-Deposit Ratio ? 100.61%
+2.8% YoY +1.2% QoQ
+16.40% 84.20%
+0.3% YoY
84.36%
+3.4% YoY
76.70%
+0.9% YoY
Bottom 12.4% in tier
Non-Interest-Bearing Deposit Share ? 28.23%
-0.0% YoY +4.7% QoQ
+6.94% 21.29%
-2.5% YoY
17.87%
+4.4% YoY
22.01%
-1.2% YoY
80%
Nonperforming Asset Ratio ? 0.07%
-70.2% QoQ
-0.61% 0.67%
+15.6% YoY
1.01%
+17.9% YoY
0.67%
+19.3% YoY
Top 10.0% in tier
Tier 1 Capital Ratio ? 16.56%
+2.5% YoY +0.9% QoQ
+1.40% 15.16%
+2.0% YoY
22.97%
+16.9% YoY
17.06%
+0.8% YoY
84%
Non-Interest Income / Assets ? 0.19%
+11.1% YoY -75.3% QoQ
-0.06% 0.26%
+1.6% YoY
1.04%
+5.8% YoY
0.32%
+4.1% YoY
70%

Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).
Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (1)

Credit Quality Leader

growth
#44 of 220 • Top 19.5% in tier

Best-in-class credit quality (delinquency in bottom 25% of peer group). Conservative underwriting paying off.

Why this signature
Delinquency Rate: 0.09%
(Tier: 0.89%, National: 0.95%)
better than tier avg
220 of 220 Mid-Market banks match · 922 nationally
→ Stable +2 banks QoQ

Concerns (4)

Credit Quality Pressure

risk
#53 of 513 • Bottom 10.1% in tier

Delinquencies rising year-over-year. Credit risk is building - underwriting tools or reserves may need attention.

Why this signature
Delinquency Rate: 0.09%
(Tier: 0.89%, National: 0.95%)
better than tier avg
513 of 513 Mid-Market banks match · 1899 nationally
→ Stable +2 banks QoQ | QoQ rank improving

Cost Spiral

risk
#8 of 31 • Bottom 22.6% in tier

Historically lean operator (efficiency < 75%) now seeing 5+ point efficiency ratio increase YoY despite strong profitability. Efficiency advantage eroding.

Why this signature
Efficiency Ratio: 61.95%
(Tier: 61.06%, National: 66.95%)
worse than tier avg
31 of 31 Mid-Market banks match · 176 nationally
↑ Growing +82 banks QoQ

Credit Risk Growth

risk
#105 of 420 • Bottom 24.8% in tier

Loan portfolio growing while delinquencies are rising. Expansion with deteriorating credit quality needs attention.

420 of 420 Mid-Market banks match · 1464 nationally
→ Stable -10 banks QoQ | QoQ rank improving

Liquidity Overhang

risk
#51 of 174 • Bottom 28.7% in tier

Exceptional capital position (Tier 1 >= 16%, top quartile). Strong fundamentals - opportunity to deploy capital more productively.

Why this signature
Tier 1 Capital Ratio: 16.56%
(Tier: 15.16%, National: 17.06%)
better than tier avg
Loan-to-Deposit Ratio: 100.61%
(Tier: 84.20%, National: 76.70%)
worse than tier avg
174 of 174 Mid-Market banks match · 939 nationally
→ Stable +13 banks QoQ | QoQ rank improving

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).
Concerns are metrics in the bottom 25% (25th percentile or lower).
Comparing against 884 peers in $1B-$10B

Top Strengths (7 metrics)

89
Nonperforming Asset Ratio
credit_quality
Value: 0.07%
Peer Median: 0.67%
#89 of 884 Top 10.0% in $1B-$10B
91
Delinquency Rate
credit_quality
Value: 0.09%
Peer Median: 0.89%
#91 of 880 Top 10.2% in $1B-$10B
142
Tier 1 Capital Ratio
capital
Value: 16.56%
Peer Median: 15.16%
#142 of 884 Top 16.0% in $1B-$10B
168
Total Loans
size
Value: $2.88B
Peer Median: $1.96B
#168 of 884 Top 18.9% in $1B-$10B
175
Non-Interest-Bearing Deposit Share
funding
Value: 28.23%
Peer Median: 21.29%
#175 of 884 Top 19.7% in $1B-$10B
194
Total Assets
size
Value: $3.73B
Peer Median: $2.82B
#194 of 884 Top 21.8% in $1B-$10B
217
Total Deposits
size
Value: $2.86B
Peer Median: $2.34B
#217 of 884 Top 24.4% in $1B-$10B

Top Weaknesses (1 metrics)

775
Loan-to-Deposit Ratio
liquidity
Value: 100.61%
Peer Median: 84.20%
#775 of 884 Bottom 12.4% in $1B-$10B
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