Quill Bank

Provo, Utah, Utah County

$1.6B in total assets, the 743rd largest of 4,309 US banks and 28th of 45 headquartered in Utah.

At a glance

Compared with 16 banks headquartered in Utah with $1 billion to $10 billion in assets, as of June 30, 2026.

Measure	This bank	Percentile	Peer median
Total assets	$1.6B	12%	$2.8B
Loans	$1.3B	31%	$1.8B
Deposits	$1.3B	19%	$2.3B
Return on assets	5.50%	88%	2.00%
Net interest margin	16.84%	88%	5.50%
Efficiency ratio	32.4%	25%	39.0%
Equity to assets	14.15%	50%	13.54%
Loans to deposits	97%	53%	92%

Total assets grew 25.9% a year over the last 5 years and 20.7% a year over 10 years, without acquisitions.

8 branches in 3 counties.

County	Deposits	Market share	Rank
Utah County, UT	$1.2B	4.3%	8 of 16
Salt Lake County, UT	$70M	0.0%	46 of 57
Washington County, UT	$43M	1.1%	8 of 10

Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.

Net gain of 3 branches since 2016 (5 to 8, +60.0%). 4 opened, 0 acquired, 1 closed or sold.

Period	What happened	Opened or acquired	Closed or sold	Net change	Branches at end
Start of 2016	Starting point				5
2017	Opened Orem	1	0	+1	6
2023	Opened Saint George	1	0	+1	7
2024	Closed Orem	0	1	−1	6
2025	Opened Spanish Fork	1	0	+1	7
2026 through Q2	Opened Lindon	1	0	+1	8

Type	This bank	Peers
Commercial real estate	39%	21%
Business (C&I)	21%	23%
Consumer	17%	35%
Construction and land	9%	6%
1-4 family residential	8%	4%
Multifamily	4%	3%
Farmland	2%	1%
Agricultural	1%	0%
Other	0%	6%

Type	This bank	Peers
Other interest-bearing	46%	40%
Time deposits	38%	39%
Noninterest-bearing	16%	21%

Brokered deposits are 10.4% of deposits (peers 29.5%).

Trailing four quarters, with the peer median.

Noncurrent loans exclude government-guaranteed portions.

Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/quill