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WEX Bank
WEX Bank
RSSD ID 2700984 | CERTIFICATE 34697 | ABA NUMBER 124084643 |
111 E Sego Lily Dr |
Quarter Ended : |
2025-03-31 |
Sandy, Utah, 84070 |
Updated : |
2025-04-30 |
www.wexinc.com |
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Institution Profile |
Year Opened : |
1998 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
031 |
Foreign Offices : |
Yes |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
1 |
Number of Employees : |
77 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 7,963,639 |
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Total Interest Income | 243,287 |
Total Liabilities | 7,342,196 |
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Total NonInterest Income | 125,425 |
Total Bank Equity Capital | 621,443 |
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Total Interest Expense | 60,544 |
Domestic Deposits | 5,642,297 |
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Total NonInterest Expense | 175,529 |
Total Deposits | 5,658,891 |
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Net Income | 92,774 |
Net Loans & Leases | 3,321,917 |
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Net Charge Offs | 11,842 |
Loan Loss Allowance | 37,762 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 722,739 |
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Total loans | 2,731,765 |
Total assets for the leverage ratio | 7,371,785 |
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Loans secured by real estate: | 6,554 |
Leverage ratio | 9.29 |
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Commercial and industrial loans | 2,725,211 |
Tier 1 Capital Ratio | 13.1 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 13.82 |
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Loans to individuals - Other | 0 |
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