Salt Lake City, UT · Cert 25192
FDIC
Q2 2005
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | Q2 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.19% | -22.38% | 8.83% | 20.71% | 18.42% | -3.55% | -0.23% | 1.73% | -1,897 bps | |
| Return on Equity | -0.62% | -64.51% | 23.22% | 43.87% | 33.36% | -5.73% | -0.35% | 2.64% | -4,123 bps | |
| Net Interest Margin | 12.64% | 13.04% | 12.68% | 6.86% | 0.76% | 1.12% | 1.54% | 1.52% | -535 bps | |
| Efficiency Ratio | 61.93% | 95.57% | 79.67% | 44.84% | 34.47% | 54.77% | 132.49% | 57.47% | +1,263 bps | |
| Non-Interest Burden | 7.19% | 12.46% | 9.90% | -6.60% | -12.58% | 4.92% | 2.28% | 0.22% | +681 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -49.16% | -52.47% | -47.30% | -34.53% | -17.71% | -15.61% | -6.75% | -11.43% | +2,311 bps | |
| Loan Growth (YoY) | -44.42% | -48.18% | -57.33% | -97.38% | -97.32% | -96.87% | -96.05% | -34.68% | +6,270 bps | |
| Deposit Growth (YoY) | -64.77% | -68.74% | -67.14% | -63.53% | -67.84% | -73.53% | -69.95% | -75.28% | -1,175 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 10.20% | 14.05% | 64.56% | 154.62% | -212% | -99.48% | -1.17% | 2.33% | -15,229 bps | |
| Allowance / Loans | 12.18% | 13.51% | 0.12% | 0.46% | 0.53% | 22.56% | 20.67% | 18.09% | +1,763 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 41.29% | 46.90% | 58.23% | 220% | 267% | 332% | 368% | 358% | +13,831 bps | |
| Equity / Assets | 34.41% | 35.03% | 41.34% | 52.50% | 57.97% | 66.46% | 66.83% | 64.18% | +1,168 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 134.73% | 143.64% | 130.09% | 7.74% | 11.21% | 16.98% | 17.11% | 20.45% | +1,271 bps | |
| Liquid Assets / Assets | 0.48% | 0.32% | 0.42% | 5.47% | 1.34% | 0.07% | 1.03% | 2.38% | -309 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |