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 State Bank of Southern Utah
State Bank of Southern Utah
| RSSD ID 656470 | CERTIFICATE 17964 | ABA NUMBER 124301779 |
| 377 N Main St |
Quarter Ended : |
2025-03-31 |
| Cedar City, Utah, 84721 |
Updated : |
2025-04-29 |
| www.sbsu.com |
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| Institution Profile |
| Year Opened : |
1957 |
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 : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
17 |
Number of Employees : |
305 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 2,559,683 |
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Total Interest Income | 33,845 |
| Total Liabilities | 2,307,547 |
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Total NonInterest Income | 3,374 |
| Total Bank Equity Capital | 252,136 |
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Total Interest Expense | 13,104 |
| Total Deposits | 2,153,257 |
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Total NonInterest Expense | 12,919 |
| Net Loans & Leases | 1,760,137 |
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Net Income | 7,854 |
| Loan Loss Allowance | 21,210 |
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Net Charge Offs | 82 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 1,756,864 |
| Total assets for the leverage ratio | 2,557,299 |
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Loans secured by real estate: | 1,529,108 |
| Tier 1 Leverage Ratio | 10.9 |
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Commercial and industrial loans | 160,968 |
| Off Balance Sheet Exposures (%) | 13.51 |
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Loans to individuals - Credit Cards | 3,719 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 39,936 |
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:· State Bank of Southern Utah
