Midvale, UT · Cert 26764
FDIC
Q1 2004
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 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 3.80% | 4.01% | 3.78% | 3.51% | 3.11% | 1.58% | 1.70% | 5.27% | +176 bps | |
| Return on Equity | 26.55% | 27.49% | 25.26% | 20.14% | 17.30% | 8.45% | 8.58% | 19.02% | -112 bps | |
| Net Interest Margin | 12.21% | 12.69% | 13.35% | 12.84% | 13.51% | 14.25% | 16.10% | 12.89% | +5 bps | |
| Efficiency Ratio | 27.75% | 28.04% | 28.01% | 26.64% | 31.86% | 30.55% | 30.14% | 46.07% | +1,942 bps | |
| Non-Interest Burden | 2.93% | 3.06% | 3.23% | 2.84% | 3.81% | 3.41% | 4.07% | 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 | 3.20% | 4.00% | 4.42% | 4.82% | 5.37% | 6.94% | 8.05% | 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 |