Salina, UT · Cert 22514
State charter, Fed member · FED · 4 branches
Q2 2026
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.69% | 2.43% | 2.67% | 1.95% | 2.09% | 2.03% | 2.68% | 2.70% | +74 bps | |
| Return on Equity | 19.52% | 17.72% | 19.57% | 14.08% | 14.78% | 14.29% | 18.14% | 18.09% | +401 bps | |
| Net Interest Margin | 5.73% | 5.55% | 5.88% | 5.80% | 5.90% | 6.01% | 6.59% | 6.36% | +56 bps | |
| Efficiency Ratio | 43.11% | 49.30% | 41.57% | 44.01% | 46.25% | 50.33% | 44.57% | 42.95% | -105 bps | |
| Non-Interest Burden | 2.20% | 2.51% | 2.20% | 2.32% | 2.51% | 2.83% | 2.78% | 2.55% | +22 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 11.90% | 15.45% | 11.45% | 10.11% | 5.70% | 5.34% | 2.11% | 7.84% | -226 bps | |
| Loan Growth (YoY) | 22.55% | 18.45% | 12.90% | 8.77% | 10.26% | 15.19% | 9.52% | 18.56% | +979 bps | |
| Deposit Growth (YoY) | 10.81% | 15.24% | 10.97% | 9.78% | 5.08% | 4.22% | 0.45% | 6.89% | -290 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 2.78% | 3.49% | 3.40% | 3.84% | 0.68% | 0.50% | 0.78% | 1.82% | -202 bps | |
| Net Charge-Offs / Loans | 0.10% | 0.07% | -0.08% | -0.04% | 1.11% | 0.89% | -0.09% | -0.07% | -3 bps | |
| Allowance / Loans | 1.21% | 1.25% | 1.31% | 1.94% | 1.08% | 1.01% | 1.16% | 1.20% | -74 bps | |
| Allowance Coverage of NPLs | 0.4x | 0.4x | 0.4x | 0.5x | 1.6x | 2.0x | 1.5x | 0.7x | +0.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 15.68% | 14.00% | 14.96% | 14.82% | 15.45% | 14.71% | 15.89% | 16.31% | +149 bps | |
| Total Risk-Based Capital | 15.68% | 14.00% | 14.96% | 14.82% | 15.45% | 14.71% | 15.89% | 16.31% | +149 bps | |
| Equity / Assets | 14.57% | 13.51% | 13.77% | 14.28% | 15.08% | 14.44% | 15.13% | 15.12% | +84 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 74.99% | 73.85% | 73.68% | 76.25% | 78.69% | 81.62% | 80.33% | 84.58% | +833 bps | |
| Liquid Assets / Assets | 0.69% | 0.68% | 0.62% | 0.61% | 0.60% | 0.59% | 0.57% | 0.55% | -6 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 193.44% | 220% | 219% | n/a | n/a | |