Total Assets
$482M
Total balance-sheet footings
FDIC Cert #35533 · Salt Lake City, Utah · Est. 2000
First Electronic Bank - FDIC Bank Health Profile
A community-scale look at First Electronic Bank's own numbers, pulled straight from its quarterly FDIC Call Report.
- $482M
- Total assets
- A
- Health grade · Excellent
- 12.66%
- Return on assets
- 141.4%
- Tier 1 capital
Data updated July 2026
The verdict
First Electronic Bank earns a PlainBankData health grade of A (100/100), with well-capitalized at 141.36% Tier 1, profitable at 12.66% ROA, efficient (30% cost ratio).
- #1,835
- largest of 4,313 FDIC banks by assets
- 57th
- percentile by asset size, nationally
- 141.36%
- Tier 1 ratio - above the 10% well-capitalized line
- 100th
- percentile for profitability (ROA), nationally
PlainBankData assigns this grade from public Call Report data; it isn't an official FDIC rating, and your deposits remain insured to $250,000 per depositor, per ownership category no matter the score.
How First Electronic Bank's 100/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
First Electronic Bank's composite health score
Tier 1 Capital Ratio (141.36%) 40/40
Return on Assets (ROA) (12.66%) 25/25
Texas Ratio (0.00%) 20/20
Efficiency Ratio (29.96%) 15/15
100 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$271M
Customer-funded liabilities
Net Loans
$121M
Outstanding loan book
Net Income
$62M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where First Electronic Bank ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. First Electronic Bank's score of 100/100 falls in the highlighted band.
First Electronic Bank's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). First Electronic Bank's $482M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
141.36% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
141.36%
Texas Ratio
0.00%
Equity Capital
$189M
Profitability metrics
Return on Assets (ROA)
100th percentile nationally
12.66%
Return on Equity (ROE)
38.66%
Efficiency Ratio
29.96%
What the numbers say about First Electronic Bank
First Electronic Bank is an FDIC-insured institution (Certificate #35533) headquartered in Salt Lake City, Utah, established in 2000. It holds $482M in total assets - 1,835th of 4,313 FDIC-insured banks, $271M in customer deposits, and $121M in net loans. On safety, its Tier 1 capital ratio of 141.36% is above the 10% well-capitalized threshold, and its Texas Ratio of 0.00% sits in the healthy range below 50%. It earns a PlainBankData health grade of A (100/100), a composite of Tier 1 capital, ROA, the Texas Ratio, and efficiency. All of it traces back to the bank's own quarterly FDIC Call Report filing.
Within Utah, First Electronic Bank ranks 34th of 42 FDIC-insured banks by asset size -- a mid-sized institution, neither among the state's largest nor its smallest.
Income & expense breakdown
$102M
Interest Income
$17M
Non-Interest Income
$35M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. First Electronic Bank reports a Texas Ratio of 0.00% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
0.00% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Utah by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) First Electronic Bank (FDIC Cert #35533) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in Utah
All Utah banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Morgan Stanley Bank, National AssociationSalt Lake City | $253.3B | A | 1.86% |
| American Express National BankSandy | $211.3B | A | 3.89% |
| Ally BankSandy | $184.6B | A | 0.91% |
| UBS Bank USASalt Lake City | $119.3B | A | 1.13% |
| Synchrony BankDraper | $112.1B | A | 2.89% |
| Zions Bancorporation, N.A.Salt Lake City | $89.0B | B | 1.01% |
| SoFi Bank, National AssociationCottonwood Heights | $46.6B | A | 1.96% |
| Sallie Mae BankSalt Lake City | $29.7B | A | 2.90% |
Frequently asked questions
What is First Electronic Bank's health grade?▼
First Electronic Bank receives a health grade of A (100/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank demonstrates excellent financial health with strong capital ratios and profitability.
How large is First Electronic Bank?▼
First Electronic Bank holds $482M in total assets and $271M in deposits, ranking 1,835th of 4,313 FDIC-insured banks by asset size. It is headquartered in Salt Lake City, Utah.
Is my money safe at First Electronic Bank?▼
Yes, deposits at First Electronic Bank (Certificate #35533) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is First Electronic Bank's Tier 1 Capital Ratio?▼
First Electronic Bank has a Tier 1 Capital Ratio of 141.36%. This exceeds the 10% threshold for "well-capitalized" status under federal banking regulations.
What is the Texas Ratio for First Electronic Bank?▼
First Electronic Bank has a Texas Ratio of 0.00%. A ratio below 50% is generally considered healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is First Electronic Bank?▼
First Electronic Bank has an Efficiency Ratio of 29.96%. Below 60% is considered efficient, the bank converts a strong share of revenue into profit. This metric compares non-interest expenses to total revenue.
What to do with this
How to read First Electronic Bank's profile as a depositor or analyst.
- First Electronic Bank's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare First Electronic Bank against other Utah banks before moving funds. Utah banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.