Heber City, UT · Cert 24922 · Sagebrush Partners LLLP
State charter, non-member · FDIC · 9 branches
Q2 2026
Market Position · Grand Junction, CO · 2026 SOD (annual) · 9.7% share · #4 of 12 inst. · $0.4B of $3.8B
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 | 1.23% | 1.25% | 1.12% | 1.18% | 1.20% | 1.23% | 1.14% | 1.19% | +1 bps | |
| Return on Equity | 17.12% | 17.29% | 14.79% | 15.31% | 15.18% | 15.12% | 12.88% | 13.23% | -209 bps | |
| Net Interest Margin | 3.36% | 3.33% | 3.35% | 3.41% | 3.41% | 3.40% | 3.43% | 3.45% | +4 bps | |
| Efficiency Ratio | 57.41% | 57.14% | 60.49% | 59.53% | 59.38% | 59.06% | 60.67% | 59.67% | +14 bps | |
| Non-Interest Burden | 1.78% | 1.77% | 1.94% | 1.94% | 1.94% | 1.91% | 2.01% | 1.99% | +4 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.75% | -0.07% | 0.00% | -0.91% | 0.60% | 1.46% | 3.87% | 6.19% | +710 bps | |
| Loan Growth (YoY) | -2.67% | -4.48% | -1.00% | -0.79% | 0.68% | 3.45% | 2.29% | 1.82% | +261 bps | |
| Deposit Growth (YoY) | -0.72% | -0.58% | -1.17% | -1.63% | 0.10% | -0.36% | 2.80% | 4.62% | +625 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.02% | 0.02% | 0.22% | 0.22% | 0.02% | 0.02% | 0.02% | 0.02% | -20 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.01% | +1 bps | |
| Allowance / Loans | 1.89% | 1.91% | 1.92% | 1.89% | 1.91% | 1.87% | 1.90% | 1.87% | -2 bps | |
| Allowance Coverage of NPLs | 109.6x | 110.3x | 8.6x | 8.7x | 111.3x | 111.6x | 111.7x | 116.8x | +108.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.43% | 10.41% | 10.91% | 11.15% | 11.17% | 11.20% | 11.43% | 11.47% | +33 bps | |
| Total Risk-Based Capital | 10.43% | 10.41% | 10.91% | 11.15% | 11.17% | 11.20% | 11.43% | 11.47% | +33 bps | |
| Equity / Assets | 8.02% | 7.38% | 7.82% | 7.88% | 8.51% | 9.00% | 8.75% | 9.21% | +133 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 52.00% | 52.08% | 52.37% | 54.47% | 52.30% | 54.07% | 52.11% | 53.02% | -146 bps | |
| Liquid Assets / Assets | 2.07% | 2.58% | 3.37% | 1.47% | 3.42% | 1.52% | 3.97% | 2.44% | +96 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 186.76% | 187.88% | 188.11% | n/a | n/a | |