Prime Alliance Bank

Branches

Click on location and enter new zip number to change.
Your current location is: Connecticut, Fairfield
View Branches Statewide →

View Branches Nationwide →

Prime Alliance Bank Locations

Deposit Rates - May 13, 2021

SAVINGS RATES APY MIN MAX
SAV
0.60% $0 - Compare
CD RATES APY MIN MAX
12 Mo CD
0.45% $500 - Compare
18 Mo CD
0.55% $500 - Compare
24 Mo CD
0.60% $500 - Compare
36 Mo CD
0.65% $500 - Compare
48 Mo CD
0.70% $500 - Compare
60 Mo CD
0.75% $500 - Compare

Overview 2021

General Bank Information

FDIC Insured Yes
FDIC Certificate # 57920
Date Established 2004
Assets $ 505.56 million
Loans $ 411.44 million
Deposits $ 446.72 million
Capital $ 56.01 million

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $ 6.37 million
Interest-bearing balances $ 3.67 million
Total securities $ 80.61 million
Federal funds sold and reverse repurchase $ 1.45 million
Net loans and leases $ 411.44 million
Loan loss allowance $ 9.69 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 5.56 million
     Total Assets $ 449.55 million

LIABILITIES
Total deposits $ 446.72 million
      Interest-bearing deposits $ 424.37 million
      Deposits held in domestic offices $ 446.72 million
      % insured (estimated) 84.37%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 1.50 million
Subordinated debt N.A.
All other liabilities $ 1.34 millionn
      Total Liabilities $ 449.55 million
      Shareholders’ Equity $ 56.01 million

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $ 32.34 million
Total Interest Expense $ 10.05 million
Net interest income $ 22.28 million
Provision for loan and lease losses $ 16.88 million
Total non interest income $ 0.24 million
Total non interest expense $ 5.16 million
Pre-tax Net Operating Income $ 0.48 million

Prime Alliance Bank is an FDIC insured institution headquartered at 1868 South 500 West, Woods Cross, UT 84087.
It was founded in 2004 and has approximately $1 billion in assets. Customers can open an account at one of its 1 branches.