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 - February 28, 2021

SAVINGS RATES APY MIN MAX
SAV
0.60% $10,000 - 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 $ 519.87 million
Loans $ 408.89 million
Deposits $ 462.43 million
Capital $ 55.95 million

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $ 9.29 million
Interest-bearing balances $ 6.64 million
Total securities $ 77.90 million
Federal funds sold and reverse repurchase $ 16.26 million
Net loans and leases $ 408.89 million
Loan loss allowance $ 17.85 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.25 million
Goodwill and other intangibles N.A.
All other assets $ 6.16 million
     Total Assets $ 463.92 million

LIABILITIES
Total deposits $ 462.43 million
      Interest-bearing deposits $ 437.06 million
      Deposits held in domestic offices $ 462.43 million
      % insured (estimated) 85.75%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 1.49 millionn
      Total Liabilities $ 463.92 million
      Shareholders’ Equity $ 55.95 million

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $ 24.79 million
Total Interest Expense $ 7.85 million
Net interest income $ 16.94 million
Provision for loan and lease losses $ 12.64 million
Total non interest income $ 0.04 million
Total non interest expense $ 3.80 million
Pre-tax Net Operating Income $ 0.54 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.