Grand Valley Bank

Utah – Wasatch – Heber City

(NM) Commercial bank, state charter and Fed nonmember

active

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Details

(NM) Commercial bank, state charter and Fed nonmember

active

24922

1983

FDIC Certificate Number: 24922
FDIC's unique number: 17276
The FDIC Field Office where an institution is physically located: Salt Lake City

Federal Reserve ID Number: 178851
Report Date: 2011-06-30

Bank Charter Class: NM

Number of Domestic Offices: 7
Number of Foreign Offices: 0
The date of the last data update: 2009-01-13

1983-12-13 Institution established. Original name: Grand Valley National Bank.
2005-12-30 Acquired Heber Valley National Bank in Heber City, Utah.
2007-12-28 Reorganized.
2007-12-28 Moved bank headquarters from Grand Junction, Colorado to Heber City, Utah.
2008-12-31 Changed name to Grand Valley Bank .
2008-12-31 Changed primary regulatory agency from Comptroller Of The Currency to Federal Deposit Insurance Corporation.
2008-12-31 Changed institution class to Insured Commercial Banks, State, Not Members Of The Frs.

Total assets: $260,678,000
Total deposits: $230,852,000
Deposits held in domestic offices: $230,852,000
Equity capital: $26,201,000

Net income: $830,000

Return on Assets: 0.64
Return on Equity: 6.53
Last updated on: 2011-10-20

Bank Holding Company: Porter Mountain Iii, Lllp

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Profile ID: LFUS-BAB-P-2733

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