People's Intermountain Bank

33 East Main Street
American Fork, UT 84003

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 12773
Date Established 1913
Assets $1.68 billion
Loans $1.19 billion
Deposits $1.46 billion
Capital $0.20 billion

People's Intermountain Bank is an FDIC insured institution located in American Fork, UT. It was founded in 1913 and has approximately $1.68 billion in assets. Customers can open an account at one of its 19 branches.

For a more detailed analysis of People's Intermountain Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in People's Intermountain Bank’s loan portfolio are Commercial Real Estate, Construction and Development Loans, and Commercial and Industrial Loans.

Compared to other banks in Utah, People's Intermountain Bank has a significantly higher percent of Multifamily Mortgages, Construction and Development Loans, Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 11.57
Multifamily
Mortgages
5.34
Credit Card Loans 0.37
Consumer Auto Loans 0.54
Small Business Loans 12.90
Construction and Development Loans 21.96
Commercial Real Estate 40.52
Commercial and Industrial Loans 13.24
Farm Loans 1.28

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.15% $500 - Learn MoreShow Less
6 Mo CD 10K
0.35% $500 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.15% $1 - Learn MoreShow Less
Savings 2.5K
0.10% $100 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.65% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.20% $10 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.10% $1 $19,999 Learn MoreShow Less
MM 25K
0.15% $20,000 $99,999 Learn MoreShow Less
Checking Rates APY MIN FEE
MyRate Checking 1.60% $0 $0.00 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

People's Intermountain Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


People's Intermountain Bank Locations

Financial Details

People's Intermountain Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of People's Intermountain Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
People's Intermountain Bank U.S. Bank Average
3.65% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, People's Intermountain Bank had $7,611,000 in non-current loans and $468,000 in owned real estate. To cover these potential losses it had $204,298,000 in equity and $17,271,000 in loans loss reserves. That gives it a Texas Ratio of 3.65%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
People's Intermountain Bank U.S. Bank Average
13.47% 8.58

People's Intermountain Bank has a Return on Equity of 13.47% versus the BestCashCow average of 8.58. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
People's Intermountain Bank U.S. Bank Average
12.14% 12.11

People's Intermountain Bank has a Capitalization of 12.14% versus the BestCashCow average of 12.11. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

People's Intermountain Bank Balance Sheet Analysis

As of June 30, 2017, People's Intermountain Bank had assets of $1,683,014,000, loans of $1,191,775,000, and deposits of $1,461,842,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Frequently Asked Questions About People's Intermountain Bank

Branches and Savings

Is People's Intermountain Bank FDIC insured?

Yes. It is covered under FDIC Certificate #12773.

Why does People's Intermountain Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are People's Intermountain Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is People's Intermountain Bank a commercial bank?

Yes

Where are People's Intermountain Bank locations?

See branch locations nearby.

Is People's Intermountain Bank open on Saturdays?

Is People's Intermountain Bank open on Sundays?

What time does People's Intermountain Bank open?

What time does People's Intermountain Bank close?

Are People's Intermountain Bank ATMs Open 24/7?

Do People's Intermountain Bank ATMs accept cash deposits?

Can People's Intermountain Bank customers use other ATMs?

Do People's Intermountain Bank branches have notaries?

Will People's Intermountain Bank notarize my document?

What address for People's Intermountain Bank should I put for incoming ACH transfers?

Will the People's Intermountain Bank branch print checks?

Do People's Intermountain Bank checks expire?

Does People's Intermountain Bank require US citizenship to open account?

Can People's Intermountain Bank close my account?

Does People's Intermountain Bank Report to credit bureaus?

Does People's Intermountain Bank Use Equifax?

What is People's Intermountain Bank's ACH Routing Number?

What is People's Intermountain Bank's SWIFT code?

Products

Does People's Intermountain Bank offer mortgages?

Compare mortgage rates here.

Does People's Intermountain Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does People's Intermountain Bank offer personal loans?

Compare personal loan rates here.

Does People's Intermountain Bank offer student loans?

Will People's Intermountain Bank cash a check?

Will People's Intermountain Bank redeem a savings bond?

Does People's Intermountain Bank cash savings bonds?

Will People's Intermountain Bank cash money orders?

Can People's Intermountain Bank issue a money order?

Does People's Intermountain Bank do currency exchange?

Background on The Bank

Who owns People's Intermountain Bank?

How long has People's Intermountain Bank been around?

Can People's Intermountain Bank transfer to other banks?

Does People's Intermountain Bank have quick pay?

Does People's Intermountain Bank accept rolled coins?

Will People's Intermountain Bank accept loose change?

Where is People's Intermountain Bank headquarters?

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