Prime Alliance Bank
Woods Cross, Utah · FDIC Cert #57920
Prime Alliance Bank is an FDIC-insured bank (Certificate #57920) with $746M in total assets and $668M in total deposits as of the Q2 2024 Call Report. Headquartered in Woods Cross, Utah, the bank maintains a Tier 1 capital ratio of 12.79% (Well-Capitalized) and a nonperforming loan ratio of 2.18%. BankHealthData assigns a composite Health Grade of B (69/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Prime Alliance Bank (FDIC cert 57920) is a community bank — $746M in total assets, $668M in deposits, serving the Woods Cross, 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 strong: Tier 1 capital ratio of 12.79% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is elevated: non-performing loan ratio of 2.18% runs above 2%, suggesting the loan book carries more credit risk than peer banks. Elevated NPL can reflect specific portfolio concentrations or broader credit-cycle pressure. Liquidity is in the normal range: 18.2% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is strong: return on assets of 2.72% 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. Prime Alliance Bank carries a composite BankHealth grade of B (69/100) 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: Prime Alliance Bank
- Total Assets
- $746M
- Total Deposits
- $668M
- Tier 1 Capital Ratio
- 12.79%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 2.18%
- Liquidity Ratio
- 18.20%
- Return on Assets
- 2.72%
- Headquarters
- Woods Cross, Utah
- FDIC Certificate
- #57920
- Health Grade
- B (69/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Prime Alliance Bank holds a Tier 1 capital ratio of 12.79%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Prime Alliance Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Prime Alliance Bank shows strong financial health indicators. With $746M in assets and a Health Score of 69/100, 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 Prime Alliance Bank Compares
Prime Alliance Bank’s Health Score of 69 is 0 points above the Utah state average of 69 across 41 FDIC-insured banks. Its 12.79% Tier 1 capital ratio is 1.2 points below the US banking industry average near 14%. The 2.18% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 2.72% is in line with or above the national ROA benchmark of ~1.1%. Among 1210 similarly-sized banks, the average Health Score is 70, meaning this bank ranks below its size cohort. Site-wide, Prime Alliance Bank is 1 points below the portfolio average of 70.
Frequently Asked Questions
Prime Alliance Bank has a Bank Health Score of B (69/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 12.79%, 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. Prime Alliance Bank's Tier 1 capital ratio of 12.79% and nonperforming loan ratio of 2.18% 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 Prime Alliance Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #57920). 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.
Prime Alliance Bank holds $746M in total assets and $668M in total deposits. It is headquartered in Woods Cross, Utah (FDIC Certificate #57920).
Prime Alliance Bank has a Tier 1 capital ratio of 12.79%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 2.18%, and the return on assets is 2.72%.
Yes. Prime Alliance Bank is FDIC-insured (Certificate #57920). 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 B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Prime Alliance 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.