PackageTrendsPeer
Letter portraitLegal landscape

Bank of Ephraim

Ephraim, UT · Cert 1249

FDIC

Q1 2004

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2004, the quarter ended March 31, 2004, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Bank of Ephraim

Ephraim, UT · Cert 1249

FDIC

Q1 2004

$56.8MAssets
$36.9MLoans
$52.3MDeposits
$4.3MEquity
Loan mix
17%RE $4.1M83%C&I $19.7M0%Consumer $0.0MQ1 2003Q1 2004
Deposit mix
77%Interest-bearing $40.1M23%Noninterest $12.3MQ1 2003Q1 2004

NIM

7.16%Q1 ’026.23%Q1 ’035.01%Q1 ’04-10%-17%

Non-interest income vs. expense

3.91%Q1 ’024.02%Q1 ’033.65%Q1 ’04+7%-18%

Executive Summary

  • Earnings: ROA of 0.21%, up 175 bps year over year; NIM at 3.91%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 3.90%.
  • Funding: loans stand at 70.53% of deposits as of Q1 2004.

Financial Results

Return on Assets (YTD, annualized)

0.21%+175 bps YoY

Net Interest Margin (YTD, annualized)

3.91%-79 bps YoY

Efficiency Ratio (YTD, annualized)

73.90%+124 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2003Q2 2003Q3 2003Q4 2003Q1 2004YoY ΔTrend
Earnings
Return on Assets-1.55%-0.10%-1.71%-1.34%0.21%+175 bps
Return on Equity-17.33%-1.08%-20.60%-16.49%2.78%+2,012 bps
Net Interest Margin4.70%4.44%4.10%3.98%3.91%-79 bps
Efficiency Ratio72.66%72.63%75.87%74.83%73.90%+124 bps
Non-Interest Burden3.19%3.00%2.95%2.77%2.62%-57 bps
Growth
Asset Growth (YoY)6.00%14.36%10.30%5.13%3.93%-207 bps
Loan Growth (YoY)8.76%2.78%-0.57%-0.87%-5.63%-1,438 bps
Deposit Growth (YoY)7.08%16.04%12.83%7.22%5.63%-145 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.23%1.58%1.68%2.69%3.90%+368 bps
Allowance / Loans3.51%2.90%6.12%5.47%5.03%+152 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital12.54%12.81%11.35%11.31%11.41%-114 bps
Equity / Assets8.88%8.56%7.00%7.23%7.62%-126 bps
Liquidity & Funding
Loans / Deposits78.94%71.64%65.86%68.44%70.53%-841 bps
Liquid Assets / Assets9.38%8.83%8.12%7.53%6.67%-271 bps
CRE / Total Capitaln/an/an/an/an/an/an/a