Salt Lake City, UT · Cert 27374
FDIC
Q2 2009
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 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.30% | 1.45% | 0.17% | -2.16% | -1.94% | -6.01% | 2.16% | 1.76% | +392 bps | |
| Return on Equity | 26.45% | 17.51% | 2.65% | -34.67% | -32.72% | -102.98% | 23.01% | 16.47% | +5,114 bps | |
| Net Interest Margin | 3.22% | 2.03% | 2.30% | 2.78% | 2.94% | 2.76% | 2.05% | 2.15% | -63 bps | |
| Efficiency Ratio | 22.15% | 26.17% | 37.78% | 34.96% | 24.18% | 27.76% | 17.33% | 21.60% | -1,336 bps | |
| Non-Interest Burden | -0.54% | -0.19% | -0.38% | -0.02% | -0.75% | -0.89% | -1.22% | -0.66% | -64 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 28.80% | 16.21% | 2.67% | -4.66% | -20.61% | -20.89% | 3.55% | 17.15% | +2,181 bps | |
| Loan Growth (YoY) | 7.63% | -7.77% | -32.17% | -32.79% | -35.60% | -32.23% | -6.45% | -14.21% | +1,858 bps | |
| Deposit Growth (YoY) | 2.27% | 2.81% | 8.17% | 2.29% | -2.04% | -4.84% | -2.13% | 9.49% | +720 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 | 0.07% | 0.66% | 0.27% | 0.40% | 0.38% | 0.78% | 0.00% | 0.00% | -40 bps | |
| Allowance / Loans | 0.66% | 0.47% | 0.98% | 0.82% | n/a | n/a | n/a | n/a | n/a | |
| 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 | 11.62% | 12.18% | 15.24% | 14.11% | 14.65% | 12.42% | 14.59% | 17.51% | +340 bps | |
| Equity / Assets | 8.04% | 6.97% | 5.83% | 5.69% | n/a | n/a | n/a | n/a | n/a | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 74.64% | 64.41% | 42.13% | 45.89% | 49.07% | 45.87% | 40.27% | 35.96% | -993 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.01% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |