Altabank, Financial Information

About Altabank

 Address:
33 East Main Street
American Fork, UT
Utah County, Utah
 Established:
Jan 1913
 Number of domestic offices:
28
Total assets$3,366M
Net income$45M
Net income, quarterly$12M
Total deposits$2,923M
Domestic deposits$2,923M
Equity capital$365M
ROA1.56%
ROAQ, quarterly1.42%
ROA, pretax1.42%
ROAQ, quarterly, pretax1.86%
ROE13.06%
ROEQ, quarterly12.91%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Bank of American Fork, a subsidiary of People's Utah Bancorp, was established in 1913. Bank of American Fork is Utah's largest community bank based on asset size and deposits. The bank operates 13 full-service branches across Salt Lake, Utah, and Davis counties, as well as a loan office in St. George.

Bank of American Fork is committed to safe and sound financial management, a commitment that has kept the bank thriving for the past century. Bank of American Fork offers all of the technology, products and services that can be found at a "big" bank, but with the exceptional customer service and friendliness you'd find in a small town.

Draper Branch
650 East 12300, South Draper
UT 84020

Murray Branch
5824 South State Murray
UT 84107

Sandy Branch
855 East 9400 South Sandy
UT 84094

Alpine Branch
113 South Main Street Alpine
UT 84004

American Fork Branch
33 East Main Street American Fork
UT 84003

BAF Financial Center Branch
6 West Main Street American Fork
UT 84003

Highland Branch
5405 West 11000 North Highland
UT 84003

Lehi Branch
712 East Main Street Lehi
UT 84043

Spanish Fork Branch
625 North Main Street Spanish Fork
UT 84660

St. George
491 East Riverside Drive 4B, St. George
UT 84790