Cedar City, UT · Cert 17964 · Southern Utah Bcorp
State charter, non-member · FDIC · 17 branches
Q2 2026
Market Position · St. George, UT · 2026 SOD (annual) · 18.8% share · #2 of 10 inst. · $0.7B of $4.0B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.99% | 1.37% | 1.24% | 1.50% | 1.73% | 1.47% | 1.82% | 1.71% | +21 bps | |
| Return on Equity | 10.99% | 14.48% | 12.75% | 15.07% | 16.47% | 13.19% | 16.11% | 15.07% | +1 bps | |
| Net Interest Margin | 2.85% | 3.09% | 3.24% | 3.47% | 3.72% | 4.13% | 3.98% | 3.93% | +46 bps | |
| Efficiency Ratio | 61.89% | 53.59% | 53.20% | 45.63% | 49.78% | 52.02% | 44.33% | 47.35% | +173 bps | |
| Non-Interest Burden | 1.56% | 1.35% | 1.49% | 1.29% | 1.57% | 1.90% | 1.37% | 1.55% | +26 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 9.44% | 5.58% | 5.52% | 5.22% | -0.70% | 3.62% | 4.28% | 3.80% | -142 bps | |
| Loan Growth (YoY) | 20.11% | 19.61% | 20.71% | 15.43% | 10.40% | 9.71% | 7.49% | 4.62% | -1,081 bps | |
| Deposit Growth (YoY) | 8.97% | 10.37% | 7.57% | 11.41% | 6.45% | 8.25% | 8.74% | 5.90% | -550 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.51% | 0.49% | 0.46% | 0.44% | 0.57% | 0.55% | 0.55% | 0.47% | +2 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.03% | 0.02% | 0.00% | 0.01% | 0.01% | 0.01% | 0.51% | +51 bps | |
| Allowance / Loans | 1.22% | 1.18% | 1.19% | 1.22% | 1.21% | 1.28% | 1.30% | 1.22% | +1 bps | |
| Allowance Coverage of NPLs | 2.4x | 2.4x | 2.6x | 2.8x | 2.1x | 2.3x | 2.4x | 2.6x | -0.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.45% | 10.57% | 10.90% | 10.98% | 11.43% | 11.82% | 12.03% | 12.04% | +106 bps | |
| Total Risk-Based Capital | 10.45% | 10.57% | 10.90% | 10.98% | 11.43% | 11.82% | 12.03% | 12.04% | +106 bps | |
| Equity / Assets | 9.31% | 9.59% | 9.85% | 10.03% | 11.03% | 11.23% | 11.30% | 11.40% | +137 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 78.76% | 81.26% | 82.77% | 81.30% | 81.69% | 82.35% | 81.82% | 80.32% | -99 bps | |
| Liquid Assets / Assets | 2.47% | 0.61% | 1.23% | 3.39% | 1.75% | 3.73% | 5.48% | 6.95% | +356 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 431% | 431% | 425% | n/a | n/a | |