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State Bank of Southern Utah 377 North Main Cedar City, UT84721 Status: Active | Write a Review |
Concentration: | Commercial Lending Specialization |
Established: | 1957-11-25 |
FDIC Insurance: | 1959-02-02 |
FDIC Cert: | #17964 |
Holden By: | Southern Utah Bcorp |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
# of Branches: | 16, ranked #559 |
Website: | http://www.sbsu.com |
Total Assets: | $2,031,393,000, ranked #547 |
Total Deposits: | $1,795,324,000, ranked #524 |
Total Equity Capital: | $208,663,000, ranked #538 |
Total Domestic Deposits: | $1,795,324,000, ranked #524 |
Net Income: | $21,849,000, ranked #486 |
Quarterly Net Income: | $7,188,000, ranked #498 |
Return on Assets: | 2%, ranked #215 |
Quarterly Return on Assets: | 1%, ranked #1260 |
Return on Equity: | 15%, ranked #1036 |
Quarterly Return on Equity: | 14%, ranked #1242 |
Assets and Liabilities
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U.S. Government Obligations
Total Debt Securities
Net Loans and Leases
1- 4 Family Residential Net Loans and Leases
Loans to Depository Institutions
Total Loans and Leases in Foreign Offices
Maturity & Repricing for State bank of souther utah and Leases
Small Business Loans
Loans Restructured in Troubled Debt Restructurings
Other Real Estate Owned
Goodwill and Other Intangibles
Total Deposits
Transaction Accounts
Nontransaction Accounts
Time Deposits of Less Than $100,000
Time Deposits of $100,000 or More
Deposits Based on the $100,000 Reporting Threshold
Deposits Based on the $250,000 Reporting Threshold
Deposits Held in Foreign Offices
Changes in Bank Equity Capital
Total Unused Commitments
Letters of Credit
Total Assets and Liabilities in Foreign Offices
Derivatives
Past Due and Nonaccrual Assets
Past Due 30- 89 Days 1- 4 Family Residential
Past Due 90+ Days 1- 4 State bank of souther utah Residential
Nonaccrual 1- 4 Family Residential
Past Due state bank of souther utah Nonaccrual Loans Wholly or Partially US Gvmt Guaranteed
Fiduciary and Related Services
Number of Fiduciary and Related Asset Accounts
Total Fiduciary and Related Assets
Total Managed Assets held in Fiduciary Accounts
Corporate Trust and Agency Accounts
Collective Investment & Common Trust Funds
Gross Fiduciary and Related Services Income
Fiduciary settlements, surcharges, and other losses
Carrying Amount of Assets Covered by FDIC Loss- Share Agreements
Bank Assets Sold and Securitized
Maximum Amount of Credit Exposure Retained
Unused Commitments
Amount of Ownership (Seller) Interests
Memoranda
Income and Expense
Total Interest Income
Total Interest Expense
Trading Account Gains & Fees
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Additional Noninterest Expense
Loan Charge- Offs and Recoveries
Total Charge- offs 1- 4 Family Residential
Total Recoveries 1- 4 Family Residential
Net Charge- offs 1- 4 Family Residential
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Interest income and expense in foreign offices
Performance and Condition Ratios
Net charge- offs to loans
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5.5/102 Ratings
Established On: | |
Nov. 25, 1957 | |
FDIC Certificate Number: | |
17964 | |
Total Assets: | |
$850,918,000 | |
Deposit Insurance: | |
FDIC |
Community Bank: | |
Yes | |
Asset Concentration: | |
Commercial Lending Specialization | |
Institution Class: | |
Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
State Bank of Southern Utah has 1 routing number.
Routing # | Type | Description |
---|---|---|
124301779 |
13 State Bank of Southern Utah Branch Locations
Name | Address | City or Town |
---|---|---|
Main Office | 377 North Main | Cedar City, UT |
Cedar City Branch | 397 South Main Street | Cedar City, UT |
Cedar City Walmart | 1330 S. Providence Center Dr. | Cedar City, UT |
Circleville Branch | 125 West Main Street | Circleville, UT |
Hurrican Office | 720 West State Street | Hurricane, UT |
Kanab Branch | 99 West Center Street | Kanab, UT |
Orderville Branch | 55 East State Street | Orderville, UT |
Parowan Branch | 93 North Main Street | Parowan, UT |
Richfield Branch | Main And Center Streets | Richfield, UT |
Santa Clara Branch | 2287 Santa Clara Drive | Santa Clara, UT |
St. George Branch | 395 East St. George Boulevard | St. George, UT |
St. George Branch | 1337 E. 170 S. | St. George, UT |
Tropic Branch | 200 North Main | Tropic, UT |
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How was your experience at this Bank? Let others know what you think. Leave your Review, Suggestion, Complaint or Tip below:
For the most part the tellers are awesome in the St George hurricane area but the managers there are some of the snobbiest ladies I have ever met in my life I have never been given so much grief for bringing coins in and using their free coin machine but yet they want to start charging me because I bring more than the average person they are straight discriminating against me all for some coins isn't that what a bank is for to exchange your currency how are my coins different from anybody else's if they want to charge me they need to charge every customer horrible Service as far as that goes
very pleased peggy was a big help
As a client of First Interstate, we want to provide you a seamless online banking experience, wherever your travels may take you. In compliance with the European Union regulation known as the General Data Protection Regulation (GDPR), we have limited website access for IP addresses outside of the United States and Canada to online banking platforms only. You will not be able to navigate to other areas of our website at this time. Please note, we do not use cookies on this site and will not collect any of your personal information. If you have any questions regarding this matter, please contact us in one of the following ways:
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Equal Opportunity Employer (EOE) • Equal Housing Lender • Member FDIC
CONTRIBUTED CONTENT — State Bank of Southern Utah is celebrating 64 years of strengthening businesses, families and communities. As a way of thanking Southern Utah for helping them grow to more than $2 billion in assets, they have been throwing a month-long customer appreciation party.
Tyler Brown, the bank’s senior vice president, credits the enduring success of State Bank of Southern Utah to the relationships they’ve built with the people they serve.
“It’s our way of giving back to the community,” he said. “Thanks for choosing to keep your money local and helping us build Southern Utah.”
Through Nov. 30, people in the community – regardless of whether they’re a State Bank of Southern Utah customer – may enter to win any of 10 exciting prizes. Most of the rewards showcase the local businesses state bank of souther utah activities that make Southern Utah unique, such as the following:
Visit the State Bank of Southern Utah website to join the sweepstakes. Choose which giveaways to enter or enter all at once. Only one entry is allowed per person, and all entrants must be 18 years of age or older.
One winner will be randomly chosen for each giveaway. The winners will be announced during the first week of December.
Serving the community since 1957, State Bank of Southern Utah is the only locally owned, operated and headquartered financial institution. The bank currently operates 16 branches across 14 cities and towns – Cedar City, Circleville, Delta, Escalante, Fillmore, Gunnison, Hurricane, Kanab, Orderville, Parowan, Richfield, Santa Clara, St. George and Tropic – with another location in Washington City coming next year.
State Bank of Southern Utah has flourished by focusing on the needs of its customers for more than 60 years. The bank was founded with a mission to empower individuals and businesses to take control of their financial destiny, thereby elevating the quality of life for everyone in the community.
“State Bank of Southern Utah is where local decisions produce better results,” Brown said. “When it’s time to buy, build, expand or refinance, we’re here for you.”
For more information about State Bank of Southern Utah, visit their website. The bank is an equal housing lender and member of the FDIC.
Written by ALEXA MORGAN for St. George News.
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