State Bank of Southern Utah is a state-chartered bank headquartered in Cedar City, Utah, in business for about 69 years. At the end of Q2 2026 it reported $2.7B in total assets and $2.4B in deposits, with 17 offices.
State Bank of Southern Utah has a TellerScore of 79 out of 100 (strong) based on Q2 2026 data — higher than 88% of its 897 banks with $1 billion – $10 billion. Among 45 banks headquartered in Utah, it ranks 16th. Problem-loan coverage contributes the most (95/100, 2.7%); funding & liquidity contributes the least (64/100, 79% loans-to-deposits, 30% uninsured).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score rose 5 points (74 → 79), mostly because the earnings component improved by 15 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 68 |
| Q3 2024 | 69 |
| Q4 2024 | 69 |
| Q1 2025 | 72 |
| Q2 2025 | 74 |
| Q3 2025 | 75 |
| Q4 2025 | 76 |
| Q1 2026 | 79 |
| Q2 2026 | 79 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 10.45% |
| Q3 2024 | 10.45% |
| Q4 2024 | 10.57% |
| Q1 2025 | 10.90% |
| Q2 2025 | 10.98% |
| Q3 2025 | 11.43% |
| Q4 2025 | 11.82% |
| Q1 2026 | 12.03% |
| Q2 2026 | 12.04% |
Show as table
| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.54% |
| Q3 2024 | 0.51% |
| Q4 2024 | 0.49% |
| Q1 2025 | 0.46% |
| Q2 2025 | 0.44% |
| Q3 2025 | 0.57% |
| Q4 2025 | 0.55% |
| Q1 2026 | 0.55% |
| Q2 2026 | 0.47% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.83% |
| Q3 2024 | 0.89% |
| Q4 2024 | 1.01% |
| Q1 2025 | 1.24% |
| Q2 2025 | 1.37% |
| Q3 2025 | 1.50% |
| Q4 2025 | 1.49% |
| Q1 2026 | 1.82% |
| Q2 2026 | 1.76% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 79 | $2.7B | 12.04% | 0.47% | 1.76% | 79.3% |
| Q1 2026 | 79 | $2.7B | 12.03% | 0.55% | 1.82% | 80.8% |
| Q4 2025 | 76 | $2.6B | 11.82% | 0.55% | 1.49% | 81.3% |
| Q3 2025 | 75 | $2.5B | 11.43% | 0.57% | 1.50% | 80.7% |
| Q2 2025 | 74 | $2.6B | 10.98% | 0.44% | 1.37% | 80.3% |
| Q1 2025 | 72 | $2.6B | 10.90% | 0.46% | 1.24% | 81.8% |
| Q4 2024 | 69 | $2.5B | 10.57% | 0.49% | 1.01% | 80.3% |
| Q3 2024 | 69 | $2.6B | 10.45% | 0.51% | 0.89% | 77.8% |
| Q2 2024 | 68 | $2.5B | 10.45% | 0.54% | 0.83% | 77.5% |
897 peers · $1 billion – $10 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in Utah
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Medallion BankBank Salt Lake City, UT | 88 out of 100, Very strong | $2.8B | 16.9% | 0.45% | vs |
| WebBankBank Salt Lake City, UT | 88 out of 100, Very strong | $2.9B | 17.4% | 0.51% | vs |
| Nelnet BankBank Draper, UT | 74 out of 100, Strong | $3.0B | 15.9% | 2.17% | vs |
| Central BankBank Provo, UT | 89 out of 100, Very strong | $2.2B | 15.4% | 0.47% | vs |
| Square Financial Services, Inc.Bank Salt Lake City, UT | 84 out of 100, Strong | $2.1B | 65.2% | 0.67% | vs |
| Cache Valley BankBank Logan, UT | 73 out of 100, Strong | $3.5B | 10.7% | 0.29% | vs |
Deposit insurance
Is my money safe at State Bank of Southern Utah?
Yes. State Bank of Southern Utah is an FDIC-insured institution (FDIC certificate #17964). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 29.9% of deposits ($716.1M) are above the $250,000 FDIC insurance limit, close to the peer median of 31%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 12.04%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).
17 locations
Branches
State Bank of Southern Utah lists 17 offices in 15 cities. Most locations:
- Cedar City, UT (2)
- Saint George, UT (2)
- Circleville, UT (1)
- Delta, UT (1)
- Escalante, UT (1)
- Fillmore, UT (1)
- Gunnison, UT (1)
- Hurricane, UT (1)
- Kanab, UT (1)
- Orderville, UT (1)
- Parowan, UT (1)
- Richfield, UT (1)
HMDA 2025
Mortgage lending
In 2025, State Bank of Southern Utah reported 799 home-loan applications under HMDA (LEI 549300IQGEUYRQBJC007): 603 originated ($125,975,000 total), 82 denied, and 69 withdrawn or closed by the applicant. Its denial rate on decided applications was 11.2%, compared with 22.2% for all lenders nationwide.
Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.
Identity & history
Profile
- Legal name
- State Bank of Southern Utah
- Type
- State-chartered bank
- FDIC certificate #
- 17964
- RSSD ID
- 656470
- Primary regulator
- FDIC
- Holding company
- Southern Utah Bcorp
- Established
- November 25, 1957
- Headquarters
- 377 N Main St, Cedar City, UT 84721
- Website
- www.sbsu.com
- Employees
- 306
Quick answers
State Bank of Southern Utah: common questions
Is State Bank of Southern Utah FDIC insured?
Yes. State Bank of Southern Utah is an FDIC-insured institution (FDIC certificate #17964). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is State Bank of Southern Utah's TellerScore?
79 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has State Bank of Southern Utah ever failed?
There is no failure record for FDIC certificate #17964 in the FDIC failed bank list.
How many branches does State Bank of Southern Utah have?
17 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Cedar City
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Utah Community Federal Credit UnionCredit union Provo, UT | 74 out of 100, Strong | $4.0B | 10.7% | 0.38% | vs |
| Cache Valley BankBank Logan, UT | 73 out of 100, Strong | $3.5B | 10.7% | 0.29% | vs |
| Zions Bancorporation, N.A.Bank Salt Lake City, UT | 67 out of 100, Moderate | $89.0B | 9.4% | 0.47% | vs |
| Wells Fargo Bank, National AssociationBank Sioux Falls, SD | 58 out of 100, Moderate | $1.9T | 8.0% | 1.04% | vs |
| Mountain America Federal Credit UnionCredit union Sandy, UT | 56 out of 100, Moderate | $22.9B | 9.6% | 1.30% | vs |
| U.S. Bank National AssociationBank Cincinnati, OH | 55 out of 100, Moderate | $705.6B | 9.5% | 1.45% | vs |