Altabancorp(NasdaqCM:ALTA) dropped from NASDAQ Composite Index

Altabancorp is a bank holding company for Altabank. Altabank providing loans, deposit and cash management services to businesses and individuals through 25 branch locations from Preston, Idaho to St. George, Utah. The Company provides banking services primarily to small- to medium-sized businesses and to individuals in its primary markets including Utah, Salt Lake, Davis, Cache, Box Elder, and Washington Counties. It also provides a range of banking services and products to individuals, including residential mortgage lending, personal checking and savings accounts, and online banking. The Company portfolio includes Lending, Real Estate, Commercial and Industrial (non-real estate), Consumer Loans and SBA Loans. The Company offers a variety of lending products including acquisition, development and construction, commercial and industrial (C&I), home builder financing, multifamily residential, single-family residential, home equity lines, equipment finance, and other consumer loans.