Net income at the Ogden-based Bank of Utah increased 52.7 percent to $880,034 in 1990, the fifth consecutive annual increase, according to Roy C. Nelson, president.

He said non-performing loans totaled $1.2 million in 1990, which is 1.36 percent of total loans, and the allowance to absorb any potential loan losses was $943,850 on Dec. 31, which is 1 percent of the bank's total loans.Nelson said the return on stockholders' equity was 10.82 percent, compared with 7.5 percent in 1989. Assets increased to $139.6 million from $133.3 million in 1989.

It also has been announced that Roderick H. Browning, Nelson, Thomas B. Barker Jr., Frank W. Browning, George E. Hall, H. Dee Hutzley, David S. Kunz, Robert J. Mee and Douglas B. Stephens have been re-elected to the bank's board of directors.