Brighton Bank
Salt Lake City, Utah · FDIC Cert #22578
This is the FDIC profile for Brighton Bank, an FDIC-insured bank (Certificate #22578) with $291M in total assets and $251M in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in Salt Lake City, Utah, the bank maintains a Tier 1 capital ratio of 11.97% (Well-Capitalized) and a nonperforming loan ratio of 0.00%. BankHealthData assigns a composite Health Grade of A (91/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Brighton Bank (FDIC cert 22578) is a community bank — $291M in total assets, $251M in deposits, serving the Salt Lake City, Utah area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is adequate: Tier 1 capital ratio of 11.97% meets the 8% well-capitalized threshold but does not provide substantial buffer above it. Adequate capital is regulatory-acceptable but leaves less room for absorbing unexpected losses. Asset quality is clean: non-performing loan ratio of 0.00% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is comfortable: 29.1% of assets in liquid form — sufficient to cover meaningful deposit-outflow scenarios without forced asset sales.
Profitability is strong: return on assets of 2.34% is well above the 1.0% benchmark most analysts use as the threshold for a healthy bank. Strong ROA usually reflects disciplined cost management, healthy net interest margins, or both. Health-score trend is mildly positive across the recent-quarters window. The directional signal is favorable but not dramatic. Brighton Bank carries a composite BankHealth grade of A (91/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Brighton Bank
- Total Assets
- $291M
- Total Deposits
- $251M
- Tier 1 Capital Ratio
- 11.97%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.00%
- Liquidity Ratio
- 29.11%
- Return on Assets
- 2.34%
- Headquarters
- Salt Lake City, Utah
- FDIC Certificate
- #22578
- Health Grade
- A (91/100)
- Latest Call Report
- Q2 2024
FDIC Filings & Call Report Data
Brighton Bank files quarterly Call Reports with the FDIC under Certificate #22578. The figures on this page reflect the Q2 2024 Call Report, which is the most recent FDIC filing currently available. Historical filings and Uniform Bank Performance Reports (UBPR) are accessible directly from the FDIC BankFind directory and the FFIEC Central Data Repository.
Track Brighton Bank
Subscribe for BankHealthData updates by email. No spam, unsubscribe anytime.
Capital & Safety Analysis
According to FDIC financial data, Brighton Bank holds a Tier 1 capital ratio of 11.97%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Brighton Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Brighton Bank shows strong financial health indicators. With $291M in assets and a Health Score of 91/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Brighton Bank Compares
Brighton Bank’s Health Score of 91 is 11 points above the Utah state average of 80 across 41 FDIC-insured banks. Its 11.97% Tier 1 capital ratio is 2.0 points below the US banking industry average near 14%. The 0.00% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 2.34% is in line with or above the national ROA benchmark of ~1.1%. Among 1595 similarly-sized banks, the average Health Score is 81, meaning this bank ranks above its size cohort. Site-wide, Brighton Bank is 11 points above the portfolio average of 80.
Frequently Asked Questions
Brighton Bank has a Bank Health Score of A (91/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 11.97%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Brighton Bank's Tier 1 capital ratio of 11.97% and nonperforming loan ratio of 0.00% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Brighton Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #22578). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Brighton Bank holds $291M in total assets and $251M in total deposits. It is headquartered in Salt Lake City, Utah (FDIC Certificate #22578).
Brighton Bank's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #22578 and available through the FDIC BankFind directory and the FFIEC Central Data Repository. The data on this page reflects the Q2 2024 Call Report.
Brighton Bank has a Tier 1 capital ratio of 11.97%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.00%, and the return on assets is 2.34%.
Yes. Brighton Bank is FDIC-insured (Certificate #22578). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Brighton Bank's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.