Midvale, UT · Cert 26764
FDIC
Q1 2004
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 4.93% | 4.35% | 2.97% | 3.51% | 2.70% | -1.98% | 2.14% | 5.27% | +176 bps | |
| Return on Equity | 33.71% | 28.30% | 18.49% | 20.14% | 14.39% | -9.73% | 9.08% | 19.02% | -112 bps | |
| Net Interest Margin | 12.64% | 12.61% | 12.17% | 12.84% | 12.99% | 13.02% | 13.66% | 12.89% | +5 bps | |
| Efficiency Ratio | 24.42% | 28.63% | 27.91% | 26.64% | 37.58% | 27.90% | 28.43% | 46.07% | +1,942 bps | |
| Non-Interest Burden | 3.11% | 3.07% | 2.99% | 2.84% | 4.52% | 1.84% | 4.15% | 6.24% | +341 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.55% | -8.47% | -14.36% | -23.26% | -28.80% | -31.50% | -36.97% | -36.80% | -1,354 bps | |
| Loan Growth (YoY) | 13.63% | -9.08% | -13.71% | -25.09% | -29.72% | -35.11% | -38.00% | -45.45% | -2,036 bps | |
| Deposit Growth (YoY) | 2.71% | -10.50% | -16.60% | -26.11% | -31.55% | -37.38% | -44.38% | -46.07% | -1,996 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 | 1.95% | 4.96% | 4.94% | 4.82% | 5.39% | 8.04% | 9.03% | 37.46% | +3,264 bps | |
| Allowance / Loans | 3.90% | 3.68% | 4.19% | 4.80% | 5.00% | 8.28% | 8.94% | 0.74% | -405 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 | 17.66% | 17.47% | 18.60% | 20.52% | 22.04% | 25.59% | 30.09% | 34.03% | +1,352 bps | |
| Equity / Assets | 15.23% | 15.51% | 16.66% | 18.27% | 19.31% | 21.54% | 25.86% | 29.71% | +1,145 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 113.16% | 112.72% | 115.62% | 117.97% | 116.19% | 116.79% | 128.89% | 119.32% | +136 bps | |
| Liquid Assets / Assets | 3.34% | 3.68% | 4.63% | 4.12% | 6.17% | 7.84% | 4.24% | 6.64% | +252 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |