Total Assets
$482M
Total balance-sheet footings
2026 data FDIC sourced Public-data reference.
First Electronic Bank — FDIC Bank Health Profile
Salt Lake City, Utah · Est. 2000. Free, sourced from the FDIC BankFind Suite — refreshed each quarter and cross-checked against the FDIC Call Report.
State chartered State member bank FDIC Cert #35533 San Francisco Region
A
Health grade
Excellent
Score: 80/100
Basel III capital ratios — First Electronic Bank
Total Deposits
$271M
Customer-funded liabilities
Net Loans
$121M
Outstanding loan book
Net Income
$62M
Bottom-line earnings
Safety Metrics
Tier 1 capital ratio
Well-capitalized 10%
140.52% of risk-weighted assets — above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
Core capital ÷ risk-weighted assets. Well-capitalized: ≥10%
140.52%
Texas Ratio
Non-performing loans ÷ equity. Danger zone: >100%
—
Equity Capital
Tangible book value as a capital buffer
$188M
Profitability Metrics
Return on Assets (ROA)
Net income ÷ assets. Healthy: ≥1%
12.57%
Return on Equity (ROE)
Net income ÷ equity. Industry avg: ~10%
38.42%
Efficiency Ratio
Operating costs ÷ revenue. Efficient: <60%
29.95%
Income & Expense Breakdown
$102M
Interest Income
$17M
Non-Interest Income
$35M
Non-Interest Expense
FDIC Deposit Insurance
First Electronic Bank is FDIC-insured (Certificate #35533). Your deposits are protected up to $250,000 per depositor, per account category regardless of this bank's health grade.
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. The bank currently holds $482M in total assets and $271M in customer deposits, with $121M deployed as loans. It operates as a State chartered (State member bank) within the FDIC San Francisco region. These figures come directly from the bank's quarterly FDIC Call Report and reflect the balance sheet as of the latest regulatory filing.
On safety metrics, First Electronic Bank reports a Tier 1 Capital Ratio of 140.52% — above the 10% federal threshold for "well-capitalized" status and a Texas Ratio of —. Equity capital stands at $188M, serving as the tangible buffer against loan losses. On profitability, the bank posted a Return on Assets of 12.57% and a Return on Equity of 38.42%, with an Efficiency Ratio of 29.95% — below the 60% mark considered efficient for the industry. The combined picture yields a PlainBankData health grade of A (80/100), a composite score that blends all four dimensions.
Not financial advice. This page summarizes public FDIC Call Report data for informational purposes only. Health grades are our interpretation of regulatory filings and are not official FDIC ratings, endorsements, or predictions. Regardless of grade, every dollar on deposit at First Electronic Bank is protected by FDIC insurance up to $250,000 per depositor, per ownership category — even if the bank were to fail. For decisions about where to hold deposits, consult a qualified financial professional and verify the latest figures directly at the FDIC's BankFind Suite.
Top 5 banks in Utah by total assets
Source: FDIC BankFind Suite — Call Report (FFIEC 031/041) + CRA performance data First Electronic Bank (FDIC Cert #35533) — Tier 1 capital ratio, total assets, deposits, CRA rating · 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 Association Salt Lake City | $253.3B | A | 1.86% |
| American Express National Bank Sandy | $211.3B | C | 3.89% |
| Ally Bank Sandy | $184.6B | C | 0.91% |
| UBS Bank USA Salt Lake City | $119.3B | B | 1.13% |
| Synchrony Bank Draper | $112.1B | B | 2.89% |
| Zions Bancorporation, N.A. Salt Lake City | $89.0B | C | 1.01% |
| SoFi Bank, National Association Cottonwood Heights | $46.6B | B | 1.96% |
| Sallie Mae Bank Salt Lake City | $29.7B | B | 2.90% |
Frequently Asked Questions
What is First Electronic Bank's health grade? ▼
First Electronic Bank receives a health grade of A (80/100) 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. It is headquartered in Salt Lake City, Utah.
Is my money safe at First Electronic Bank? ▼
Yes. First Electronic Bank is FDIC-insured (Certificate #35533). Your deposits are protected up to $250,000 per depositor, per account category, regardless of the bank's health grade. If a bank fails, the FDIC typically makes insured deposits available within one business day.
What is First Electronic Bank's Tier 1 Capital Ratio? ▼
First Electronic Bank has a Tier 1 Capital Ratio of 140.52%. This exceeds the 10% threshold for "well-capitalized" status under federal banking regulations.
How efficient is First Electronic Bank? ▼
First Electronic Bank has an Efficiency Ratio of 29.95%. Below 60% is considered efficient — the bank converts a strong share of revenue into profit. This metric compares non-interest expenses to total revenue.
Bank Safety Guides
Related Data Sources
Data from the FDIC BankFind Suite API. Financial data as of Q4 2025.
Related
Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainBankData Editorial
Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the FDIC BankFind Suite. Consult a qualified professional before making decisions based on this data.
Read our methodology — how this data is sourced, computed, and verified.