American Fork, UT · Cert 12773
FDIC · 26 branches
Q3 2021
Market Position · Provo-Orem, UT · 2021 SOD (annual) · 11.0% share · #5 of 14 inst. · $1.8B of $16.6B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q4 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.97% | 1.80% | 1.53% | 1.53% | 1.42% | 1.17% | 1.51% | -1.04% | -256 bps | |
| Return on Equity | 14.78% | 13.29% | 12.44% | 13.63% | 12.91% | 11.36% | 15.07% | -10.36% | -2,399 bps | |
| Net Interest Margin | 4.54% | 4.59% | 3.88% | 3.51% | 3.14% | 2.80% | 2.88% | 3.05% | -46 bps | |
| Efficiency Ratio | 46.37% | 51.19% | 52.33% | 50.72% | 51.78% | 55.41% | 59.58% | 94.64% | +4,392 bps | |
| Non-Interest Burden | 1.74% | 2.01% | 1.65% | 1.31% | 1.18% | 1.24% | 1.44% | 2.84% | +153 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 10.19% | 9.08% | 32.66% | 29.93% | 39.90% | 42.17% | 15.51% | 14.92% | -1,501 bps | |
| Loan Growth (YoY) | 0.62% | -1.19% | -0.16% | 2.02% | 0.59% | 8.48% | 11.38% | 10.65% | +863 bps | |
| Deposit Growth (YoY) | 9.62% | 8.76% | 31.86% | 29.29% | 41.80% | 48.94% | 20.88% | 20.45% | -884 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.52% | 0.40% | 0.38% | 0.40% | 0.53% | 0.41% | 0.38% | 0.29% | -11 bps | |
| Net Charge-Offs / Loans | 0.06% | 0.07% | 0.16% | 0.27% | 0.06% | 0.05% | -0.07% | 0.03% | -24 bps | |
| Allowance / Loans | 1.85% | 2.48% | 2.53% | 2.40% | 2.41% | 2.27% | 1.86% | 1.82% | -58 bps | |
| Allowance Coverage of NPLs | 3.6x | 6.3x | 6.7x | 6.0x | 4.5x | 5.6x | 4.8x | 6.2x | +0.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 12.45% | 12.57% | 11.52% | 10.69% | 10.18% | 9.78% | 9.64% | 9.19% | -151 bps | |
| Total Risk-Based Capital | 18.14% | 18.39% | 18.93% | 18.83% | 18.85% | 18.07% | 17.83% | 19.01% | +17 bps | |
| Equity / Assets | 13.60% | 13.57% | 11.26% | 11.17% | 10.84% | 9.75% | 10.27% | 9.74% | -143 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 82.45% | 78.29% | 64.49% | 63.51% | 58.49% | 57.02% | 59.43% | 58.34% | -516 bps | |
| Liquid Assets / Assets | 7.15% | 4.85% | 9.00% | 5.69% | 5.87% | 2.20% | 0.76% | 43.51% | +3,782 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |