Green Dot Bank dba Bonneville
Provo, Utah · $5.44B in assets · beside the 5 other Utah banks between $3B and $10B
The filing
Green Dot Bank dba Bonneville is the second largest of the 6 Utah banks between $3B and $10B, with $5.44B in assets at 30 June 2026. Loans are 0.8% of deposits, the lowest in the cohort against a median of 102.1%, and equity is 5.8% of assets, the lowest in the cohort. Loans grew -8.0% in the year, the slowest in the cohort, and deposits grew 10.4%; the cohort's median loan growth is +5.4%.
Noncurrent loans are 3.56% of the book, 5th of 6 against a median of 2.06%; 9.89% is 30 to 89 days past due, and the allowance covers them 4.8 times. Net charge-offs are 66.62% of loans, the highest in the cohort. Commercial real estate is 17.5% of loans, 3rd of 6 against a median of 30.3%, and 1% of capital, below the 300% screen, with construction at 0% against the 100% screen. CRE has grown +62.0% over 36 months, past the guidance's 50% prong.
Return on assets is 1.54%, 5th of 6 against a median of 1.81%, on an efficiency ratio of 92.5%, the highest in the cohort. Five years ago it was 1.87%. The question this shape raises is what the liquidity earns, and what a rate path does to the securities book and the deposit base.
Commercial real estate against capital
| Green Dot | Rank | Cohort median | |
|---|---|---|---|
| Total CRE against capital, the 300% screen | 1% | 2nd of 6 | 140% |
| Construction against capital, the 100% screen | 0% | 2nd of 6 | 24% |
| Construction and land development, share of loans | 0.0% | 2nd of 6 | 3.6% |
| Non-owner-occupied nonfarm nonresidential, share of loans | 5.7% | 3rd of 6 | 14.7% |
| Total CRE, the guidance definition, share of loans | 17.5% | 3rd of 6 | 30.3% |
| CRE growth over 36 months, the third prong | +62.0% | 4th of 5 | +52.4% |
Among its peers
| Institution | Assets | ROA | Efficiency | NPA / loans | Net charge-offs | Allowance / loans | Loans / deposits | Equity / assets |
|---|---|---|---|---|---|---|---|---|
| $9.13B | 2.5% | 33.6% | 3.52% | 11.62% | 15.4% | 117.2% | 17.6% | |
| $5.44B | 1.5% | 92.5% | 3.56% | 66.62% | 17.3% | 0.8% | 5.8% | |
| $5.33B | 3.3% | 33.2% | 3.63% | 0.46% | 1.6% | 117.3% | 17.4% | |
| $4.41B | 1.6% | 61.6% | 0.60% | 0.00% | 1.8% | 103.7% | 9.3% | |
| $3.79B | 1.3% | 61.6% | 0.15% | 0.22% | 1.2% | 100.4% | 12.3% | |
| $3.49B | 2.0% | 39.1% | 0.29% | 0.09% | 1.3% | 87.6% | 10.5% |
| Green Dot | Cohort median | |||||
|---|---|---|---|---|---|---|
| 2021 | 2026 | Change | 2021 | 2026 | Change | |
| Loans | $34M | $41M | +19% | $1.78B | $3.24B | +82% |
| Deposits | $3.16B | $5.04B | +60% | $1.97B | $3.65B | +85% |
| NPA / loans | 2.11% | 3.56% | +1.45 pts | 0.31% | 2.06% | +1.75 pts |
| Efficiency | 12.6% | 92.5% | +79.9 pts | 34.3% | 50.3% | +16.0 pts |
| ROA | 1.87% | 1.54% | -0.33 pts | 2.01% | 1.81% | -0.21 pts |
This read was prepared for Green Dot Bank dba Bonneville's board and management from the public record, and is one slice of what Lynx builds for any bank from its own filing: the peer cohort, the capital, liquidity and rate models with the assumptions the institution sets, and a summary report of twenty sections for the board.
The full pack on Green Dot Bank dba Bonneville is prepared on request, and thirty days on the institution's own numbers are open to anyone at the bank.
Ask for the packPrepared 7 September 2026
Filing 30 June 2026
Cohort UT banks $3B to $10B
Institution www.bonnevillebank.com
← Back to the catalogue