WebBank

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Deposit Rates - July 24, 2021

SAVINGS RATES APY MIN MAX
SAV
0.25% $1,000 - Compare
CD RATES APY MIN MAX
6 Mo CD
0.10% $2,500 - Compare
12 Mo CD
0.25% $2,500 - Compare
24 Mo CD
0.25% $2,500 - Compare
36 Mo CD
0.25% $2,500 - Compare
60 Mo CD
0.25% $2,500 - Compare

Overview 2021

General Bank Information

FDIC Insured Yes
FDIC Certificate # 34404
Date Established 1997
Assets $ 3.16 billion
Loans $ 2.89 billion
Deposits $ 433.26 million
Capital $ 223.22 million

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $ 163.22 million
Interest-bearing balances $ 161.31 million
Total securities $ 17.19 million
Federal funds sold and reverse repurchase $ 2.44 million
Net loans and leases $ 2.89 billion
Loan loss allowance $ 19.98 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 8.39 million
All other assets $ 71.03 million
     Total Assets $ 2.93 billion

LIABILITIES
Total deposits $ 433.26 million
      Interest-bearing deposits $ 404.80 million
      Deposits held in domestic offices $ 433.26 million
      % insured (estimated) 80.35%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 2.47 billion
Subordinated debt N.A.
All other liabilities $ 34.62 millionn
      Total Liabilities $ 2.93 billion
      Shareholders’ Equity $ 223.22 million

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $ 21.36 million
Total Interest Expense $ 2.23 million
Net interest income $ 19.13 million
Provision for loan and lease losses N.A.
Total non interest income $ 12.56 million
Total non interest expense $ 11.34 million
Pre-tax Net Operating Income $ 21.06 million

WebBank is an FDIC insured institution headquartered at 215 South State Street, Suite 1000, Salt Lake City, UT 84111.
It was founded in 1997 and has approximately $3 billion in assets. Customers can open an account at one of its 1 branches.

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