Bank Of Utah Mortgage Rates, Fees & Info

Ogden, UT

LEI: 549300NNL9H573MWO110

Tax ID: 87-0218467

4.1 stars - out of 5 stars, based on 37 reviews

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

  • SimulatedRates™
  • Bank Data

    Review & Overview

    Bank Of Utah is a smaller bank specializing in loans. Bank Of Utah has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Ogden, Logan, Salt Lake City, Provo, and Hailey among others. We have data for 42 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Bank Of Utah has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Bank Of Utah is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    SimulatedRates™

    Mortgage Type
    Simulated Rate Simulation Date
    30 Year Conventional Purchase 7.03% 12/4/22
    30 Year Conventional Refi 6.76% 12/4/22
    30 Year Cash-out Refi 6.91% 12/4/22
    30 Year FHA Purchase 7.80% 12/4/22
    30 Year FHA Refi 7.34% 12/4/22
    30 Year VA Purchase 6.40% 12/4/22
    30 Year VA Refi 6.54% 12/4/22
    30 Year USDA Purchase 6.86% 12/4/22
    30 Year USDA Refi 7.22% 12/4/22
    15 Year Conventional Purchase 6.03% 12/4/22
    15 Year Conventional Refi 5.97% 12/4/22
    15 Year Cash-out Refi 5.97% 12/4/22
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.


    Originations

    1,401

    Origination Dollar Volume (All Markets)

    $516,015,000

    Employee count

    371

    Awards

    Bank of Utah FHA Loans gold Bank of Utah FHA Loans gold
    Show all (2) awards

    Relative Rate

    Bank Of Utah's average 30 year fixed mortgage rate was 3.16%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of 0.01%.

    Relative Fees (Closing Costs)

    Bank Of Utah's average total fees/closing costs for a 30 year fixed rate mortgage were $5,642.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 440 $167,220,000 $380,045 $5,697 2.97%
    LOGAN, UT-ID (FHA|USDA|VA) 354 $104,580,000 $295,424 $5,512 2.96%
    SALT LAKE CITY, UT (FHA|USDA|VA) 151 $75,095,000 $497,318 $6,085 3.08%
    PROVO-OREM, UT (FHA|USDA|VA) 65 $47,895,000 $736,846 $6,112 3.13%
    Hailey, ID (FHA|USDA|VA) 2 $24,300,000 $12,150,000 $7,793 3.75%
    ST. GEORGE, UT (FHA|USDA|VA) 67 $19,545,000 $291,716 $5,623 3.04%
    Price, UT (FHA|USDA|VA) 139 $18,485,000 $132,986 $3,897 3.67%
    Outside of Metro Areas 56 $13,810,000 $246,607 $5,469 3.31%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $8,205,000 $8,205,000 $0 4.00%
    Heber, UT (FHA|USDA|VA) 16 $7,380,000 $461,250 $7,760 3.06%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 15 $4,885,000 $325,667 $7,194 3.47%
    Vernal, UT (FHA|USDA|VA) 21 $3,285,000 $156,429 $4,035 3.39%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 5 $2,935,000 $587,000 $35,376 3.64%
    Rexburg, ID (FHA|USDA|VA) 10 $2,150,000 $215,000 $8,134 3.80%
    Cedar City, UT (FHA|USDA|VA) 9 $1,975,000 $219,444 $5,276 3.00%
    POCATELLO, ID (FHA|USDA|VA) 8 $1,930,000 $241,250 $4,343 4.00%
    Jackson, WY-ID (FHA|USDA|VA) 3 $1,435,000 $478,333 $5,725 3.13%
    Outside of Metro Areas 2 $1,090,000 $545,000 $14,765 2.88%
    BOISE CITY, ID (FHA|USDA|VA) 4 $1,090,000 $272,500 $4,192 3.03%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 4 $940,000 $235,000 $4,345 2.81%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 3 $775,000 $258,333 $6,338 3.00%
    IDAHO FALLS, ID (FHA|USDA|VA) 2 $670,000 $335,000 $6,671 2.88%
    Newport, OR (FHA|USDA|VA) 1 $655,000 $655,000 $0 3.25%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $545,000 $545,000 $9,537 3.00%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $435,000 $435,000 $2,062 2.88%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 2 $410,000 $205,000 $5,595 3.44%
    BAKERSFIELD, CA (FHA|USDA|VA) 1 $395,000 $395,000 $8,010 3.00%
    CASPER, WY (FHA|USDA|VA) 1 $375,000 $375,000 $1,303 2.75%
    GRAND JUNCTION, CO (FHA|USDA|VA) 2 $370,000 $185,000 $5,009 3.19%
    BILLINGS, MT (FHA|USDA|VA) 1 $355,000 $355,000 $3,243 3.38%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $350,000 $175,000 $5,063 3.13%
    MERCED, CA (FHA|USDA|VA) 1 $325,000 $325,000 $6,953 2.88%
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $315,000 $315,000 $5,707 3.13%
    Blackfoot, ID (FHA|USDA|VA) 2 $310,000 $155,000 $0 2.75%
    MODESTO, CA (FHA|USDA|VA) 1 $275,000 $275,000 $2,483 3.25%
    Ontario, OR-ID (FHA|USDA|VA) 1 $245,000 $245,000 $5,431 2.25%
    Bozeman, MT (FHA|USDA|VA) 1 $235,000 $235,000 $0 3.50%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $175,000 $175,000 $0 3.38%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $165,000 $165,000 $4,871 3.13%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $155,000 $155,000 $0 4.75%
    Nogales, AZ (FHA|USDA|VA) 1 $145,000 $145,000 $3,547 2.25%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $105,000 $105,000 $3,574 2.88%
    Bank Of Utah's top markets include Ogden, Logan, Salt Lake City, Provo, and Hailey among others.

    Their top states include:
  • Utah (FHA|USDA|VA)
  • Idaho (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against Bank of Utah based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    HORIZON UTAH Federal Credit Union
    Similarity Rank: 350
    WEBER STATE FEDERAL CREDIT UNION
    Similarity Rank: 384
    State Bank of Southern Utah
    Similarity Rank: 432
    Jordan Federal Credit Union
    Similarity Rank: 980
    TRANSWEST CREDIT UNION
    Similarity Rank: 1160
    Central Bank
    Similarity Rank: 1379
    Hercules First Federal Credit Union
    Similarity Rank: 1610
    ADVANTAGE PLUS
    Similarity Rank: 2100
    D. L. Evans Bank
    Similarity Rank: 2640
    HOMEAMERICAN MORTGAGE CORPORATION
    Similarity Rank: 2812

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,242 $470,190,000 $378,575 $5,267 3.13%
    FHA 98 $24,040,000 $245,306 $7,909 3.09%
    VA 43 $17,305,000 $402,442 $7,252 2.63%
    USDA 18 $4,480,000 $248,889 $4,509 2.75%

    For 2021, Bank Of Utah's most frequently originated type of loan was Conventional, with 1,242 originations. Their 2nd most popular type was FHA, with 98 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 773 $338,495,000 $437,898 $5,553 3.17%
    Refi 310 $83,840,000 $270,452 $5,021 2.91%
    Cash Out Refi 306 $91,190,000 $298,007 $5,974 3.11%
    Other 10 $1,890,000 $189,000 $4,031 3.09%
    Home Improvement 2 $600,000 $300,000 $8,417 5.00%

    For 2021, Bank Of Utah's most frequently cited loan purpose was Home Purchase, with 773 originations. The 2nd most popular reason was Refi, with 310 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,163 $357,225,000 $307,158 $5,642 3.16%
    15 Year 117 $29,795,000 $254,658 $5,219 2.52%
    20 Year 72 $16,680,000 $231,667 $4,498 2.81%
    10 Year 24 $7,670,000 $319,583 $3,334 3.39%
    Other 19 $53,465,000 $2,813,947 $5,366 3.41%
    5 Year 3 $1,595,000 $531,667 $0 4.34%
    3 Year 2 $49,320,000 $24,660,000 $0 4.00%
    1 Year 1 $265,000 $265,000 $0 4.25%

    For 2021, Bank Of Utah's most frequently cited loan duration was 30 Year, with 1,163 originations. The 2nd most popular length was 15 Year, with 117 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 296 $70,780,000 $239,122
    $5k+ 250 $113,990,000 $455,960
    $3k-4k 247 $69,925,000 $283,097
    $2k-3k 211 $45,525,000 $215,758
    $4k-5k 148 $51,130,000 $345,473
    $1k-2k 126 $32,450,000 $257,540

    Bank Of Utah's average total fees were $5,642, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 296 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 697 $224,115,000 $321,542
    3-4% 459 $216,875,000 $472,495
    <2.5% 153 $40,215,000 $262,843
    4-5% 55 $33,935,000 $617,000
    5-6% 36 $770,000 $21,389
    6-7% 1 $105,000 $105,000

    During 2021, Bank Of Utah's average interest rate for loans was 3.16%, while their most frequently originated rate bucket for loans was 2.5-3%, with 697 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 682 $202,650,000 $297,141 $5,398 3.00%
    $400k-600k 284 $135,640,000 $477,606 $7,762 3.00%
    $100k-200k 283 $45,065,000 $159,240 $4,052 3.00%
    $100,000 or less 105 $4,025,000 $38,333 $1,439 4.24%
    $600k-1MM 37 $25,855,000 $698,784 $13,038 3.19%
    $1MM+ 10 $102,780,000 $10,278,000 $17,665 3.79%

    2021 saw Bank Of Utah place emphasis on $200k-400k loans with 682 originations, totaling $202,650,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 358 $91,410,000 $255,335 $5,112 3.13%
    $100k-150k 280 $98,270,000 $350,964 $6,184 2.98%
    $75k-100k 269 $82,645,000 $307,230 $5,813 3.01%
    $50k or less 214 $35,970,000 $168,084 $3,983 3.23%
    $150k-250k 130 $52,360,000 $402,769 $6,541 3.01%
    $250k+ 62 $29,690,000 $478,871 $9,354 3.09%

    Bank Of Utah lent most frequently to those with incomes in the $50k-75k range, with 358 originations. The second most popular income band? $100k-150k, with 280 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 305 $88,865,000 $291,361 $5,076 2.97%
    30-36% 244 $74,430,000 $305,041 $5,565 3.05%
    <20% 124 $35,650,000 $287,500 $4,936 2.90%
    41% 64 $19,060,000 $297,813 $5,430 3.09%
    44% 61 $17,415,000 $285,492 $6,085 3.19%
    36% 60 $19,400,000 $323,333 $5,438 3.11%
    40% 57 $17,345,000 $304,298 $5,730 3.18%
    50-60% 53 $10,945,000 $206,509 $6,687 3.58%
    38% 51 $14,465,000 $283,627 $5,997 3.18%
    43% 50 $15,190,000 $303,800 $5,620 3.08%
    39% 47 $14,435,000 $307,128 $4,999 3.09%
    42% 42 $13,060,000 $310,952 $5,304 3.25%
    45% 42 $14,140,000 $336,667 $7,254 3.09%
    47% 38 $10,730,000 $282,368 $5,146 3.03%
    37% 33 $9,665,000 $292,879 $4,630 3.17%
    48% 33 $10,765,000 $326,212 $6,282 3.24%
    46% 32 $10,080,000 $315,000 $5,794 2.95%
    49% 30 $10,320,000 $344,000 $6,566 3.12%

    Bank Of Utah lent most frequently to those with DTI ratios of 20-30%, with 305 originations. The next most common DTI ratio? 30-36%, with 244 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,205 $353,355,000 $293,241 $5,521 3.10%
    Not applicable 23 $106,375,000 $4,625,000 $0 4.41%
    Not provided 123 $41,005,000 $333,374 $5,724 2.95%
    Asian 27 $8,065,000 $298,704 $5,237 2.99%
    American Indian 10 $2,990,000 $299,000 $4,808 2.99%
    Black 8 $2,480,000 $310,000 $5,517 3.34%
    Native Hawaiian or Islander 4 $1,450,000 $362,500 $4,667 2.91%
    Other Asian 1 $295,000 $295,000 $5,905 3.13%

    Approval Rates

    Total approvals of all applications
    98.90%

    Bank Of Utah has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    78.59%

    Bank Of Utah has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,401 $516,015,000 $368,319

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,401 $516,015,000 $368,319

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 110 $21,240,000 $193,091 $4,209 2.84%
    40-60% 242 $117,540,000 $485,702 $5,040 2.92%
    60-80% 544 $231,690,000 $425,901 $5,992 3.10%
    80-100% 416 $139,880,000 $336,250 $6,265 3.00%
    Over 100% 7 $2,885,000 $412,143 $15,408 2.59%
    Under 20% 82 $2,780,000 $33,902 $992 4.58%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    BANK OF THE WEST Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 5 16.7%
    BANK OF THE WEST VA mortgage Trouble during payment process 1 3.3%
    BANK OF THE WEST Other type of mortgage Trouble during payment process 2 6.7%
    BANK OF THE WEST Other type of mortgage Struggling to pay mortgage 1 3.3%
    BANK OF THE WEST Other type of mortgage Closing on a mortgage 1 3.3%
    BANK OF THE WEST Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 3.3%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Trouble during payment process 3 10.0%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Closing on a mortgage 4 13.3%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 2 6.7%
    BANK OF THE WEST FHA mortgage Trouble during payment process 1 3.3%
    BANK OF THE WEST Conventional home mortgage Struggling to pay mortgage 2 6.7%
    BANK OF THE WEST Conventional home mortgage Closing on a mortgage 1 3.3%
    BANK OF THE WEST Conventional home mortgage Trouble during payment process 6 20.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Bank of Utah 25 North Tremont Tremonton, UT 84337 Full Service B&M $66,280
    Bank of Utah 2605 Washington Blvd Ogden, UT 84401 Full Service B&M $487,275
    Bank of Utah 3670 North University Avenue Provo, UT 84604 Full Service B&M $39,656
    Bank of Utah 4605 Harrison Blvd. Suite 100 Ogden, UT 84403 Full Service B&M $106,192
    Bank of Utah 5 East 1400 North Logan, UT 84341 Full Service B&M $77,813
    Bank of Utah 50 South 200 East Salt Lake City, UT 84111 Limited, Trust Office $0
    Bank of Utah 50 South 200 East Salt Lake City, UT 84111 Full Service B&M $32,899
    Bank of Utah 5729 South 1900 West Roy, UT 84067 Full Service B&M $59,027
    Bank of Utah 620 West 100 South Heber City, UT 84032 Full Service B&M $94,008
    Bank of Utah 717 West Antelope Drive Layton, UT 84041 Full Service B&M $111,206
    Bank of Utah 80 East 800 South Brigham City, UT 84302 Full Service B&M $75,763
    Bank of Utah 9320 South State Street Sandy, UT 84070 Full Service B&M $174,859
    Bank of Utah 980 West 830 North Orem, UT 84059 Full Service B&M $94,530
    Bank of Utah 100 South 500 West Bountiful, UT 84010 Full Service B&M $37,311
    Bank of Utah 115 Washington Boulevard Ogden, UT 84404 Full Service B&M $118,015
    Bank of Utah 121 North Gateway Drive Providence, UT 84332 Full Service B&M $40,261
    Bank of Utah 144 South State Street Lindon, UT 84042 Full Service B&M $43,358
    Bank of Utah 2309 South Redwood Road Salt Lake City, UT 84119 Full Service B&M $30,794

    For 2021, Bank Of Utah had 18 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $69,508
    Net interest income $65,721
    Total noninterest income $29,951
    Gross Fiduciary activities income $12,902
    Service charges on deposit accounts $981
    Trading account gains and fees $0
    Additional Noninterest Income $16,068
    Pre-tax net operating income $41,013
    Securities gains (or losses, -) $-219
    Income before extraordinary items $31,623
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $31,623
    Minority interest net income $0
    Net income $31,623
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $31,796

    Bank Of Utah's gross interest income from loans was $69,508,000.
    Bank Of Utah's net interest income from loans was $65,721,000.
    Bank Of Utah's fee based income from loans was $981,000.
    Bank Of Utah's net income from loans was $31,623,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,787
    Provision for credit losses $1,100
    Total noninterest expense $53,559
    Salaries and employee benefits $33,918
    Premises and equipment expense $3,846
    Additional noninterest expense $15,795
    Applicable income taxes $9,171
    Net charge-offs $15
    Cash dividends $6,580

    Bank Of Utah's interest expense for loans was $3,787,000.
    Bank Of Utah's payroll and benefits expense were $33,918,000.
    Bank Of Utah's property, plant and equipment expenses $3,846,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 1.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $1,831,712
    Deposits held in domestic offices $1,831,712
    Deposits by Individuals, partnerships, and corporations $1,711,699
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $120,013
    Deposits by Commercial banks and other depository institutions in U.S. $0
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $1,044,189
    Demand deposits $714,568
    Nontransaction accounts $787,523
    Money market deposit accounts (MMDAs) $507,481
    Other savings deposits (excluding MMDAs) $199,322
    Total time deposits $80,720
    Total time and savings deposits $1,117,144
    Noninterest-bearing deposits $732,568
    Interest-bearing deposits $1,099,144
    Retail deposits $1,784,554
    IRAs and Keogh plan accounts $13,864
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,149,308
    Cash & Balances due from depository institutions $228,294
    Interest-bearing balances $208,359
    Total securities $305,349
    Federal funds sold & reverse repurchase $1,893
    Net loans and leases $1,509,426
    Loan and leases loss allowance $18,986
    Trading account assets $0
    Bank premises and fixed assets $23,483
    Other real estate owned $0
    Goodwill and other intangibles $9,285
    All other assets $71,578

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,149,308
    Total Liabilities $1,906,506
    Total deposits $1,831,712
    Interest-bearing deposits $1,099,144
    Deposits held in domestic offices $1,831,712
    % insured (estimated) $37
    Federal funds purchased and repurchase agreements $45,064
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $29,730

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,509,426
    Loan and leases loss allowance $18,986
    Total loans and leases (domestic) $1,528,412
    All real estate loans $1,089,323
    Real estate loans in domestic offices $1,089,323
    Construction and development loans $293,505
    Residential 1-4 family construction $98,805
    Other construction, all land development and other land $194,700
    Loans secured by nonfarm nonresidential properties $665,823
    Nonfarm nonresidential secured by owner-occupied properties $228,996
    Commercial real estate & other non-farm, non-residential $436,827
    Multifamily residential real estate $27,289
    1-4 family residential loans $95,446
    Farmland loans $7,260
    Loans held in foreign offices $0
    Farm loans $3,418
    Commercial and industrial loans $124,087
    To non-U.S. addressees $0
    Loans to individuals $5,026
    Credit card loans $0
    Related Plans $565
    Consumer Auto Loans $3,764
    Other loans to individuals $697
    All other loans & leases $309,482
    Loans to foreign governments and official institutions $0
    Other loans $19
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $5,971
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $357
    Non 1-4 family restructured loans & leases $357
    Total loans and leases (foreign) $0

    Bank of Utah had $1,509,426,000 of loans outstanding in 2021. $1,089,323,000 of loans were in real estate loans. $293,505,000 of loans were in development loans. $27,289,000 of loans were in multifamily mortgage loans. $95,446,000 of loans were in 1-4 family mortgage loans. $3,418,000 of loans were in farm loans. $0 of loans were in credit card loans. $3,764,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 260 $85,705 $329,635
    Nonfarm, nonresidential loans - <$100k 15 $610 $40,667
    Nonfarm, nonresidential loans - $100-250k 47 $5,248 $111,660
    Nonfarm, nonresidential loans - $250k-1MM 198 $79,847 $403,268
    Commercial & Industrial, US addressed loans - <$1MM 517 $58,326 $112,816
    Commercial & Industrial, US addressed loans - <$100k 330 $9,861 $29,882
    Commercial & Industrial, US addressed loans - $100-250k 107 $17,927 $167,542
    Commercial & Industrial, US addressed loans - $250k-1MM 80 $30,538 $381,725
    Farmland loans - <$1MM 18 $2,638 $146,556
    Farmland loans - <$100k 9 $441 $49,000
    Farmland loans - $100-250k 5 $798 $159,600
    Farmland loans - $250k-1MM 4 $1,399 $349,750
    Agriculture operations loans - <$1MM 4 $729 $182,250
    Agriculture operations loans - <$100k 2 $49 $24,500
    Agriculture operations loans - $100-250k 1 $292 $292,000
    Agriculture operations loans - $250k-1MM 1 $388 $388,000