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First Electronic Bank

$100M-$1B Specialty: Other UT FDIC cert 35533

Salt Lake City, UT

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

  • 1 of 2,643 banks in the $100M-$1B peer group nationwide — 1 of 13 in UT.
  • Deposits -14.4% year over year ($285.6M on the books).
  • Delinquency rate 0.01%.
  • Return on assets 7.94%.
  • Efficiency ratio 45.91% vs a 64.48% peer average.
  • Loan-to-deposit ratio 71.14% vs a 77.95% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

2643 banks in the $100M-$1B peer group nationally 13 in UT
View $100M-$1B leaderboard (UT) →

First Electronic Bank has 5 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

  • + Revenue Diversifier: Top 3.6% in tier
  • + Deposit Franchise: Top 5.4% in tier
  • + Credit Quality Leader: Top 17.6% in tier
  • + Return on Assets 6.62% above tier average
  • + Efficiency Ratio 18.57% below tier average

Key Concerns

Areas that may need attention

  • - Credit Quality Pressure: Bottom 2.5% in tier
  • - Liquidity Overhang: Bottom 12.8% in tier
  • - Cost Spiral: Bottom 19.6% in tier
  • - Deposit Outflow: Bottom 47.5% in tier
  • - Margin Compression: Bottom 62.2% in tier
Get updates when First Electronic Bank releases new data →

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (UT) National Avg Tier Percentile
Total Assets ? $502.9M
-1.8% YoY +17.1% QoQ
+$116.3M $386.6M
+1.2% YoY
$31.1B
+21.2% YoY
$6.3B
+7.7% YoY
72%
Total Loans ? $203.2M
+25.7% YoY +31.5% QoQ
-$55.2M $258.3M
+1.7% YoY
$18.5B
+10.6% YoY
$3.2B
+9.4% YoY
49%
Total Deposits ? $285.6M
-14.4% YoY +37.8% QoQ
-$41.1M $326.7M
+0.7% YoY
$23.9B
+15.2% YoY
$4.9B
+7.3% YoY
52%
Return on Assets ? 7.94%
-46.7% YoY +18.9% QoQ
+6.62% 1.32%
+10.8% YoY
2.15%
+9.7% YoY
1.30%
+12.1% YoY
Top 0.4% in tier
Net Interest Margin ? 17.17%
-27.0% YoY +15.1% QoQ
+13.19% 3.99%
+5.0% YoY
7.81%
+8.6% YoY
3.95%
+4.9% YoY
Top 0.1% in tier
Efficiency Ratio ? 45.91%
+83.0% YoY -6.4% QoQ
-18.57% 64.48%
-3.2% YoY
105.46%
+37.7% YoY
70.05%
+2.5% YoY
Top 10.0% in tier
Delinquency Rate ? 0.01%
+812.4% QoQ
-0.91% 0.92%
+15.7% YoY
1.38%
+2.5% YoY
0.98%
+16.3% YoY
Top 14.8% in tier
Loan-to-Deposit Ratio ? 71.14%
+46.8% YoY -4.5% QoQ
-6.81% 77.95%
+1.0% YoY
83.52%
+2.9% YoY
79.03%
+2.3% YoY
68%
Non-Interest-Bearing Deposit Share ? 92.99%
+2.5% YoY +3.4% QoQ
+70.96% 22.03%
-0.6% YoY
17.78%
-2.6% YoY
21.98%
-0.6% YoY
Top 0.2% in tier
Nonperforming Asset Ratio ? 0.00%
+924.5% QoQ
-0.66% 0.67%
+16.4% YoY
0.92%
+4.0% YoY
0.69%
+15.8% YoY
Top 12.3% in tier
Tier 1 Capital Ratio ? 90.01%
-4.6% YoY -21.9% QoQ
+74.10% 15.91%
+1.4% YoY
21.39%
+2.0% YoY
17.09%
+0.8% YoY
Top 0.5% in tier
Non-Interest Income / Assets ? 1.74%
+7.7% YoY +81.3% QoQ
+1.17% 0.57%
+7.6% YoY
2.21%
+5.7% YoY
0.66%
+5.2% YoY
Top 1.9% in tier

Additional Detail

Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2

Deposit Composition

% of total deposits

Metric Current vs Tier Tier Avg State Avg (UT) National Avg Tier Percentile
Noninterest-Bearing 93.0%
+2.2pp YoY
+3.0pp QoQ
 +70.8pp 22.1% 20.1% 22.2% 100%
Brokered Deposits 0.1%
0.0pp YoY
0.0pp QoQ
 -7.8pp 7.9% 28.6% 8.5% 6%

Loan Composition

% of total loans & leases

Metric Current vs Tier Tier Avg State Avg (UT) National Avg Tier Percentile
C&I 2.2%
-1.2pp YoY
-0.3pp QoQ
 -9.4pp 11.6% 25.0% 12.5% 7%
CRE n/a n/a 39.5% 44.1% 41.4% n/a
1-4 Family n/a n/a 32.6% 13.8% 31.3% n/a
Consumer 98.5%
+1.8pp YoY
+0.5pp QoQ
 +94.3pp 4.1% 45.8% 5.0% 100%

Capital

Metric Current vs Tier Tier Avg State Avg (UT) National Avg Tier Percentile
CET1 Ratio 90.0%
-4.3pp YoY
-25.2pp QoQ
 +71.2pp 18.8% 25.0% 19.7% 99%
Leverage Ratio 46.8%
+16.4pp YoY
+4.3pp QoQ
 +34.6pp 12.2% 15.7% 12.6% 100%
Total Capital Ratio 90.6%
-3.7pp YoY
-25.0pp QoQ
 +70.6pp 19.9% 26.3% 20.8% 99%

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (UT) National Avg Tier Percentile
Full-Time Employees 129
+30 (+30.3%) YoY
+11 (+9.3%) QoQ
 +70 58 1,029 482 95%
Assets per Employee ($) $3.9M
-24.6% YoY
+7.1% QoQ
 -$3.6M $7.5M $39.6M $8.8M 4%
Branch Count 1
0 YoY
0 QoQ
 -4 4 13 18 0%

Asset Quality

Metric Current vs Tier Tier Avg State Avg (UT) National Avg Tier Percentile
Past Due 90+ Days n/a n/a 0.3% 0.6% 0.4% n/a
Nonaccrual 0.0%
0.0pp QoQ
 -0.9pp 0.9% 1.2% 1.0% 4%
Allowance Coverage 52.50x
-80.3% QoQ
 +28.35x 24.15x 7.86x 20.23x 94%
Net Charge-off Rate (YTD) 0.1% 0.0pp 0.1% 3.6% 0.2% 78%

Profitability

Metric Current vs Tier Tier Avg State Avg (UT) National Avg Tier Percentile
ROE 19.3%
-29.8pp YoY
+3.4pp QoQ
 +7.1pp 12.2% 15.9% 11.6% 86%
Cost of Funds (YTD) 0.2%
-0.1pp YoY
0.0pp QoQ
 -1.6pp 1.7% 2.3% 1.7% 0%
Net Income ($, YTD) $18.7M
-48.3% YoY
— QoQ
 +$16.2M $2.6M $307.8M $40.4M 100%

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 (3)

Revenue Diversifier

growth
#25 of 661 • Top 3.6% in tier

Top-quartile non-interest income relative to assets. Revenue less dependent on spread - more resilient to rate cycles.

Why this signature
Noninterest Income / Assets: 1.74%
(Tier: 0.57%, National: 0.66%)
better than tier avg
Return on Assets: 7.94%
(Tier: 1.32%, National: 1.30%)
better than tier avg
661 of 661 Community banks match · 923 nationally
→ Stable | QoQ rank improving

Deposit Franchise

growth
#16 of 278 • Top 5.4% in tier

Top-quartile non-interest-bearing deposits AND top-quartile NIM. A premium deposit franchise translating into above-peer spread.

Why this signature
Noninterest-Bearing Deposit Share: 92.99%
(Tier: 22.03%, National: 21.98%)
better than tier avg
Net Interest Margin: 17.17%
(Tier: 3.99%, National: 3.95%)
better than tier avg
278 of 278 Community banks match · 368 nationally
→ Stable -1 banks QoQ

Credit Quality Leader

growth
#117 of 659 • Top 17.6% in tier

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

Why this signature
Delinquency Rate: 0.01%
(Tier: 0.92%, National: 0.98%)
better than tier avg
659 of 659 Community banks match · 920 nationally
→ Stable +1 banks QoQ | QoQ rank improving

Concerns (5)

Credit Quality Pressure

risk
#32 of 1256 • Bottom 2.5% in tier

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

Why this signature
Delinquency Rate: 0.01%
(Tier: 0.92%, National: 0.98%)
better than tier avg
1256 of 1256 Community banks match · 1820 nationally
→ Stable -71 banks QoQ | QoQ rank declining

Liquidity Overhang

risk
#96 of 742 • Bottom 12.8% 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: 90.01%
(Tier: 15.91%, National: 17.09%)
better than tier avg
Loan-to-Deposit Ratio: 71.14%
(Tier: 77.95%, National: 79.03%)
better than tier avg
742 of 742 Community banks match · 940 nationally
→ Stable +7 banks QoQ | QoQ rank declining

Cost Spiral

risk
#28 of 138 • Bottom 19.6% 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: 45.91%
(Tier: 64.48%, National: 70.05%)
better than tier avg
138 of 138 Community banks match · 184 nationally
→ Stable +9 banks QoQ | QoQ rank improving

Deposit Outflow

decline
#255 of 535 • Bottom 47.5% in tier

Deposits down 0.5%+ YoY. Funding base eroding - rate competition or franchise weakness.

535 of 535 Community banks match · 686 nationally
→ Stable +31 banks QoQ | QoQ rank declining

Margin Compression

decline
#192 of 307 • Bottom 62.2% in tier

Profitability above 0.75% ROA but margins eroding by at least 0.10pp YoY. Something changed - rising costs or falling yields need addressing.

Why this signature
Return on Assets: 7.94%
(Tier: 1.32%, National: 1.30%)
better than tier avg
307 of 307 Community banks match · 413 nationally
→ Stable +8 banks QoQ

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 2643 peers in $100M-$1B

Top Strengths (8 metrics)

2
Net Interest Margin
profitability
Value: 17.17%
Peer Median: 3.99%
#2 of 2643 Top 0.1% in $100M-$1B
6
Non-Interest-Bearing Deposit Share
funding
Value: 92.99%
Peer Median: 22.03%
#6 of 2643 Top 0.2% in $100M-$1B
11
Return on Assets
profitability
Value: 7.94%
Peer Median: 1.32%
#11 of 2643 Top 0.4% in $100M-$1B
13
Tier 1 Capital Ratio
capital
Value: 90.01%
Peer Median: 15.91%
#13 of 2643 Top 0.5% in $100M-$1B
52
Non-Interest Income / Assets
revenue_mix
Value: 1.74%
Peer Median: 0.57%
#52 of 2643 Top 1.9% in $100M-$1B
266
Efficiency Ratio
profitability
Value: 45.91%
Peer Median: 64.48%
#266 of 2643 Top 10.0% in $100M-$1B
327
Nonperforming Asset Ratio
credit_quality
Value: 0.00%
Peer Median: 0.67%
#327 of 2643 Top 12.3% in $100M-$1B
390
Delinquency Rate
credit_quality
Value: 0.01%
Peer Median: 0.92%
#390 of 2633 Top 14.8% in $100M-$1B

Top Weaknesses (0 metrics)

No weakness rankings available
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