WebBank
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Data as of · sourced from FFIEC call reports. How we update
WebBank is an FDIC-insured commercial bank headquartered in Salt Lake City, UT, established in 1997 (FDIC certificate 34404), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $2.86B, up 31.4% from Q2 2025, the 21st largest of 44 banks headquartered in Utah. Its CET1 capital ratio was 18.10% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 34404
- Headquarters
- Salt Lake City, UT
- Established
- 1997
- Total assets, Q2 2026
- $2.86B
- Assets vs Q2 2025
- +31.4%
- CET1 ratio, Q2 2026
- 18.10%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 124384589
- Holding company
- STEEL PARTNERS HOLDINGS LP
- Asset rank in state
- 21st of 44 in Utah
WebBank is one of the more profitable banks of its size. Based in Salt Lake City, Utah, it had $2.9 billion in assets at June 30, 2026, up 31.4% from a year earlier. It earns about $5.00 a year on every $100 of assets, 3.9 times the median of $1.29 for the 895 banks with $1 billion to $10 billion in assets. On the other hand, it pays an average of 3.40% on its deposits and borrowings, higher than about 9 in 10 banks its size (median 2.01%).
Problem loans roughly halved over the year: loans on nonaccrual or 90 or more days past due, net of government guarantees are down to 0.51% of loans from 1.28%. Earnings jumped: net income for the quarter was $34 million, 41% above the same quarter a year earlier.
As of June 30, 2026, WebBank reported a CET1 capital ratio of 18.10%, a return on assets of 5.00%, a nonperforming-loan ratio of 0.51% and a Texas ratio of 2.51%. The figures come from its call report filed with the FFIEC.
WebBank ranks as the 21st largest of the 44 banks based in Utah, by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 10.4% to $2.86B, loans rose 11.1% and deposits rose 12.2%. Its loan book on June 30, 2026 was led by commercial and industrial loans, at 64.5% of total loans, followed by other consumer loans at 27.5%. Its one office in the FDIC Summary of Deposits is in Salt Lake City, UT. Judged on its Q2 2026 call report, WebBank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 215 S State St, Salt Lake City, UT 84111
- County
- Salt Lake
- Metro Area
- Salt Lake City-Murray, UT
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- San Francisco (Region 14)
- Federal Reserve member
- No
- Federal Reserve district
- District 12, San Francisco
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- May 15, 1997
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 257
- Domestic deposits
- $2.26B
- Allowance for credit losses
- $24.7M
- Net charge-offs (YTD)
- $4.8M
- Average total assets
- $2.73B
- Average total loans
- $2.20B
- Average interest-bearing deposits
- $2.11B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- No
- FDIC-insured since
- May 15, 1997
- FDIC Cert
- 34404
- Fed RSSD
- 2576134
- Website
- www.webbank.com →
- Parent Holding Company
- STEEL PARTNERS HOLDINGS LP (RSSD 4803414)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, WebBank's total assets ranged from $2.08B (Q1 2025) to $2.94B (Q4 2025), and it earned a profit in 11 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$2.86B total assets against $2.18B; $2.38B total liabilities against $1.77B.
$2.41B net loans and leases against $1.79B; $2.26B total deposits against $1.69B.
$232.3M securities against $171.3M; $61.8M cash and balances due against $70.8M.
$126.7M total interest income against $103.9M; $19.1M total interest expense against $17.3M.
$107.6M net interest income against $86.6M.
$31.1M total noninterest income against $21.4M; $87.3M total noninterest expense against $71.8M.
$5.2M provision for credit losses against $3.4M.
$34.1M net income against $24.2M.
5.00% return on assets against 4.50%; 17.03% net interest margin against 17.42%.
18.10% CET1 capital ratio against 19.61%; 17.39% tier 1 leverage ratio against 18.64%.
Inside the full WebBank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
WebBank rankings
Its closest position to the top of a national ranking is 14 of 3,611, for ROA; its furthest is 904 of 980, for uninsured deposits.
Metric pages for WebBank: ROA.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 3.34% (Q3 2024) to 5.00% (Q2 2026) and its net interest margin ran from 13.96% (Q3 2024) to 17.42% (Q2 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 18.10% | 5.00% | 0.51% | 2.51% | 17.03% |
| Q1 2026 | 18.57% | 4.63% | 0.57% | 2.57% | 15.84% |
| Q4 2025 | 16.68% | 4.68% | 0.40% | 1.86% | 16.57% |
| Q3 2025 | 18.85% | 4.62% | 0.72% | 3.34% | 16.58% |
| Q2 2025 | 19.61% | 4.50% | 1.28% | 5.48% | 17.42% |
| Q1 2025 | 18.25% | 4.25% | 1.39% | 5.97% | 16.79% |
| Q4 2024 | 17.40% | 4.39% | 1.95% | 8.91% | 15.59% |
| Q3 2024 | 17.52% | 3.34% | 1.89% | 8.45% | 13.96% |
Swipe the table sideways to see every column.
Branch Network
View the branch → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| WebBank (main office) | Salt Lake City , UT | 84111 | $2.26B |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.2% of deposits in UT, rank 28 of 63 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 56 loans, $20.9M approved, $373K average. 46.43% of that year's loans have since been charged off
- Period: Federal fiscal year 2008 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about WebBank
What are WebBank's total assets?
As of the Q2 2026 filing, WebBank reported total assets of $2.86 billion in its FFIEC call report.
Where is WebBank headquartered?
It is headquartered in Salt Lake City, UT, United States.
When was WebBank founded?
It was established in 1997, per the FDIC institution directory.
Is WebBank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #34404). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates WebBank?
WebBank's primary federal regulator is the FDIC.
What is WebBank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 18.10% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does WebBank operate?
It operates 1 domestic office, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is WebBank's Texas Ratio?
Its Texas Ratio is 2.51% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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