TellerScore

Utah Independent Bank (FDIC certificate #22514) is based in Salina, Utah. Its Q2 2026 call report shows $170.9M in total assets and $143.2M in deposits and 4 offices.

Based on its Q2 2026 filing, Utah Independent Bank scores 79/100, which we describe as strong. That is higher than 75% of 2,650 banks with $100 million – $1 billion. Among 45 banks headquartered in Utah, it ranks 17th. Its strongest component is capital cushion (100/100; 16.31%), and its lowest is loan quality (39/100; 1.82%).

TellerScore · Q2 2026

Scorecard

Capital cushion100/100
Tier 1 leverage ratio: 16.31%
Loan quality39/100
Noncurrent loans ÷ total loans: 1.82%
Earnings100/100
Return on assets (annualized): 3.43%
Funding & liquidity70/100
Loans ÷ deposits and uninsured-deposit share: 83.6% · 20.8% uninsured
Problem-loan coverage84/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 8.07%

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 11 points (68 → 79), mostly because the loan quality component improved by 39 points.

TellerScore
677991Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202470
Q3 202472
Q4 202467
Q1 202570
Q2 202568
Q3 202591
Q4 202591
Q1 202689
Q2 202679
Tier 1 leverage ratio
5.00%10.66%16.31%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 202415.07%
Q3 202415.68%
Q4 202414.00%
Q1 202514.96%
Q2 202514.82%
Q3 202515.45%
Q4 202514.71%
Q1 202615.89%
Q2 202616.31%
Noncurrent loans
0.50%2.17%3.84%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20242.95%
Q3 20242.78%
Q4 20243.49%
Q1 20253.40%
Q2 20253.84%
Q3 20250.68%
Q4 20250.50%
Q1 20260.78%
Q2 20261.82%
Return on assets
2.48%3.01%3.53%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20243.53%
Q3 20243.42%
Q4 20243.08%
Q1 20253.39%
Q2 20252.48%
Q3 20252.66%
Q4 20252.58%
Q1 20263.41%
Q2 20263.43%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202679$170.9M16.31%1.82%3.43%83.6%
Q1 202689$163.0M15.89%0.78%3.41%79.4%
Q4 202591$160.2M14.71%0.50%2.58%80.8%
Q3 202591$159.8M15.45%0.68%2.66%77.8%
Q2 202568$158.4M14.82%3.84%2.48%74.8%
Q1 202570$159.6M14.96%3.40%3.39%72.7%
Q4 202467$152.1M14.00%3.49%3.08%72.9%
Q3 202472$151.2M15.68%2.78%3.42%74.1%
Q2 202470$143.9M15.07%2.95%3.53%76.0%

2,650 peers · $100 million – $1 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).

Capital ratio16.31%
91st
Total risk-based capital0.00%
24th
Problem loans1.82%
14th
Net charge-offs-0.07%
97th
Return on assets3.43%
99th
Net interest margin6.88%
100th
Efficiency ratio43.0%
93rd
Loans to deposits83.6%
42nd
Uninsured deposits20.8%
61st
Loan-loss reserves1.20%
51st
Texas ratio8.1%
23rd

Similar-size banks in Utah

InstitutionScoreAssetsCapitalProblem loansCompare
Continental BankBank Salt Lake City, UT80 out of 100, Strong$181.8M16.2%0.98%vs
B2 Bank National AssociationBank Holladay, UT57 out of 100, Moderate$114.6M13.7%2.07%vs
Home Savings BankBank Salt Lake City, UT84 out of 100, Strong$108.8M15.7%0.00%vs
Brighton BankBank Salt Lake City, UT78 out of 100, Strong$321.6M11.7%0.49%vs
Varo Bank, National AssociationBank Draper, UT76 out of 100, Strong$337.8M18.5%0.42%vs
Milestone BankBank Salt Lake City, UT53 out of 100, Below average$342.2M15.0%5.32%vs

Deposit insurance

Is my money safe at Utah Independent Bank?

Yes. Utah Independent Bank is an FDIC-insured institution (FDIC certificate #22514). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 20.8% of deposits ($29.8M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 16.31%, 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%).

Check how much of your own balance is covered

4 locations

Branches

Utah Independent Bank lists 4 offices in 4 cities. Most locations:

  • Beaver, UT (1)
  • Milford, UT (1)
  • Monroe, UT (1)
  • Salina, UT (1)

All branch addresses and map

Identity & history

Profile

Legal name
Utah Independent Bank
Type
State-chartered bank (Fed member)
FDIC certificate #
22514
RSSD ID
256179
Primary regulator
FED
Established
August 29, 1977
Headquarters
55 S State St, Salina, UT 84654
Employees
24

Quick answers

Utah Independent Bank: common questions

Is Utah Independent Bank FDIC insured?

Yes. Utah Independent Bank is an FDIC-insured institution (FDIC certificate #22514). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is Utah Independent Bank'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 Utah Independent Bank ever failed?

There is no failure record for FDIC certificate #22514 in the FDIC failed bank list.

How many branches does Utah Independent Bank have?

4 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Salina

InstitutionScoreAssetsCapitalProblem loansCompare
State Bank of Southern UtahBank Cedar City, UT79 out of 100, Strong$2.7B12.0%0.47%vs
Zions Bancorporation, N.A.Bank Salt Lake City, UT67 out of 100, Moderate$89.0B9.4%0.47%vs
Utah Heritage Credit UnionCredit union Moroni, UT63 out of 100, Moderate$166.7M12.4%2.51%vs
Wells Fargo Bank, National AssociationBank Sioux Falls, SD58 out of 100, Moderate$1.9T8.0%1.04%vs