Square Financial Services, Inc.: Liquidity and Borrowings
Data as of · Call Report Schedules RC and RC-M How we update
Cash, the assets that can be turned into cash, and the borrowed money standing behind the deposit base. Heavy reliance on non-core wholesale funding is what turns a deposit outflow into a forced sale of securities.
Loan-to-deposit ratio climbed 19.32 percentage points in Q2 2026, from 229.65% to 248.97%. It was the largest change from Q1 2026 among the key lines here. Square Financial Services, Inc. has the highest loan-to-deposit ratio of the 44 banks headquartered in Utah, 248.97% as of Q2 2026. Square Financial Services, Inc.'s loan-to-deposit ratio of 248.97% is well above the 88.20% median for banks in the $1B-10B asset tier, a gap of 160.77 points (Q2 2026).
Liquid assets
| Line item | Q2 2026 |
|---|---|
| Cash and balances due from depository institutions | $704.6M |
| Cash and noninterest-bearing balances to assets | — |
| Cash and securities | $714.1M |
| Fed funds sold and reverse repos | $0 |
| Fed funds sold and reverse repos to assets | 0.00% |
Borrowed funds
| Line item | Q2 2026 |
|---|---|
| Fed funds purchased and repos | $0 |
| Other borrowed money | $0 |
| Subordinated notes and debentures | $0 |
| Other borrowed money to assets | 0.00% |
| Trading liabilities | $0 |
Funding structure
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 248.97% |
| Net loans and leases to deposits | 230.03% |
| Loans and leases to core deposits | 248.97% |
| Core deposits to total deposits | 100.00% |
| Brokered deposits to total deposits | 0.00% |
Liquidity and Borrowings trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Liquidity and Borrowings by quarter
| Quarter | Loan-to-deposit | Core deposits share | Fed funds purchased and repos | Other borrowed money |
|---|---|---|---|---|
| Q3 2023 | 118.18% | 100.00% | $0 | $0 |
| Q4 2023 | 139.99% | 100.00% | $0 | $0 |
| Q1 2024 | 134.93% | 100.00% | $0 | $0 |
| Q2 2024 | 117.81% | 100.00% | $0 | $0 |
| Q3 2024 | 112.89% | 100.00% | $0 | $0 |
| Q4 2024 | 147.51% | 100.00% | $0 | $0 |
| Q1 2025 | 146.70% | 100.00% | $0 | $0 |
| Q2 2025 | 167.53% | 100.00% | $0 | $0 |
| Q3 2025 | 189.21% | 100.00% | $0 | $0 |
| Q4 2025 | 197.31% | 100.00% | $0 | $0 |
| Q1 2026 | 229.65% | 100.00% | $0 | $0 |
| Q2 2026 | 248.97% | 100.00% | $0 | $0 |
Square Financial Services, Inc. liquidity and borrowings, all the way back
Liquidity and Borrowings back to 2001 · peer percentiles on every line item · Excel export
Unlock Square Financial Services, Inc., freeSource: Call Report Schedules RC and RC-M, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Square Financial Services, Inc. profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 59177) · FFIEC NIC profile (RSSD 5582846)