Bank of Ephraim
Ephraim, UT · Owner: Utah Bancshares Inc
$56.8M
total assets, March 31, 2004
$56.8M
total assets, March 31, 2004
Bank of Ephraim was a state member bank in Ephraim, UT, owned by Utah Bancshares Inc. It failed on Jun 25, 2004, and Far West Bank took over its deposits. At its last report it held $56.8 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2004
This bank failed
- Failed on
- Jun 25, 2004
- Assets
- $56.8M
- Deposits
- $52.3M
- Estimated cost
- $3.0M
- Deposits went to
- Far West Bank, Provo, UT
Total assets
$56.8M
+3.9% in a year · -4.4% in a quarter
Deposits
$52.3M
+5.6% in a year · -4.7% in a quarter
Loans
$36.9M
-5.6% in a year · -1.8% in a quarter
Profit so far
$30K
Jan 1 to Mar 31, 2004
Capital ratio
7.32%
-1.41 pts in a year
Return on assets
0.21%
+1.76 pts in a year
Facts
- Type
- State member bank
- Head office
- Main Street, Ephraim, UT, 84627
- County
- Sanpete
- Holding company
- Utah Bancshares Inc
- Established
- Jan 1, 1905
- Failed
- Jun 25, 2004
- Employees
- 33
- Branches
- 4
- Id
- b1249
Quarter by quarter
March 31, 1984 to March 31, 2004
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 Bank of Ephraim?
$56.8 million in total assets and $52.3 million in deposits as of March 31, 2004, with assets up 3.9% from a year before. Its loans were $36.9 million.
How many branches does Bank of Ephraim have?
4 branches in Utah as of June 30, 2026.
Is Bank of Ephraim profitable?
Yes: it earned $30,000 from January 1 to March 31, 2004. Its return on assets was 0.21% a year; about 1% is typical.
Who owns Bank of Ephraim?
Bank of Ephraim is owned by Utah Bancshares Inc, its holding company.
When did Bank of Ephraim fail?
Jun 25, 2004. Far West Bank of Provo, UT took over its deposits. The estimated cost of the failure was $3.00 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.