America West Bank
Layton, UT · Owner: America West Bank Members L C
$282M
total assets, March 31, 2009
$282M
total assets, March 31, 2009
America West Bank was a state nonmember bank in Layton, UT, owned by America West Bank Members L C. It failed on May 1, 2009, and Cache Valley Bank took over its deposits. At its last report it held $281.6 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2009
This bank failed
- Failed on
- May 1, 2009
- Assets
- $282M
- Deposits
- $286M
- Estimated cost
- $114M
- Deposits went to
- Cache Valley Bank, Logan, UT
Total assets
$282M
-3.0% in a year · -6.0% in a quarter
Deposits
$286M
+9.5% in a year · +0.7% in a quarter
Loans
$227M
-15.6% in a year · -4.5% in a quarter
Profit so far
-$19.3M
Jan 1 to Mar 31, 2009 · -2745.8% in a year
Capital ratio
-2.14%
-11.65 pts in a year
Return on assets
-26.59%
-27.63 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 476 West Heritage Park Boulevard, Suite 100, Layton, UT, 84041
- County
- Davis
- Holding company
- America West Bank Members L C
- Established
- May 18, 2000
- Failed
- May 1, 2009
- Employees
- 52
- Branches
- 3
- Id
- b35461
Quarter by quarter
June 30, 2000 to March 31, 2009
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is America West Bank?
$281.6 million in total assets and $286.0 million in deposits as of March 31, 2009, with assets down 3.0% from a year before. Its loans were $226.8 million.
How many branches does America West Bank have?
3 branches in Utah as of June 30, 2026.
Is America West Bank profitable?
No: it lost $19.3 million from January 1 to March 31, 2009. Its return on assets was -26.59% a year; about 1% is typical.
Who owns America West Bank?
America West Bank is owned by America West Bank Members L C, its holding company.
When did America West Bank fail?
May 1, 2009. Cache Valley Bank of Logan, UT took over its deposits. The estimated cost of the failure was $114.4 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.