🏦Bank Scorer

FIRST ELECTRONIC BANK

SALT LAKE CITY, UT · Supervised by FDIC

Est. 2000FDIC #35,533RSSD: FDIC-35533
Satisfactory Same

Current rating · Exam: February 2024

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At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Adequate

ROA 6.68%

Institution Profile

FDIC BankFind

Address

2150 S 1300 E, SALT LAKE CITY, UT

County

Salt Lake County

Established

October 5, 2000

Total Assets

$429M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

February 1, 2024

Exam Type

Strategic Plan

Regulator

FDIC
What is a CRA rating? →
Estimated next exam:Feb 2028(based on asset size)

Financial Snapshot

As of Q1 2026Call Report / FDIC

Total Assets

$429M

Total Deposits

$207M

Net Loans

$154M

Net Income

$8M

ROA

6.68%

ROE

15.82%

Risk-Based Capital

115.54%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Branch Footprint

FDIC SOD 2025

Total Branches

1

Branch Deposits

$333M

1-Year Change

0

Rating History

CRA / FFIEC

Rating Trend

↑ Improving

Based on last 3 exams

4 previous ratings locked — dating back to 2003

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Rating Over Time

🔒 Locked
OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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