Happen Bank, National Association
Lehi, UT · Cert 32551 · Peer group: banks over $10B in assets (n=142-144) · Lendingclub Corp.
National charter · OCC · 3 branches
Q2 2026
$12.5BAssets
$7.0BLoans
$10.9BDeposits
$1.4BEquity
Executive Summary
- Strongest standing: net interest margin outperforms 93% of banks over $10B in assets (rank 10 of 144).
- Widest gap: net charge-offs / loans trails 95% of banks over $10B in assets (rank 136 of 142).
- Overall: at or above the peer median on 6 of 9 directional measures.
Return on Assets
1.74%
Rank 24 of 144
Net Interest Margin
5.92%
Rank 10 of 144
Efficiency Ratio
74.35%
Rank 136 of 144
Equity / Assets
11.45%
Rank 70 of 144
Non-interest income vs. expense
Unfavorable gap of $448.8M · efficiency ratio beats 6% of banks over $10B in assets | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|
| Earnings |
| Return on Assets | 1.74% | 1.00% | 1.26% | 1.54% | Beats 83% | 24 / 144 | |
| Return on Equity | 15.23% | 8.98% | 11.34% | 14.40% | Beats 78% | 31 / 144 | |
| Net Interest Margin | 5.92% | 2.82% | 3.31% | 3.68% | Beats 93% | 10 / 144 | |
| Efficiency Ratio | 74.35% | 49.42% | 56.02% | 62.41% | Beats 6% | 136 / 144 | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.82% | 0.48% | 0.73% | 1.07% | Beats 43% | 82 / 142 | |
| Net Charge-Offs / Loans | 1.41% | 0.05% | 0.11% | 0.22% | Beats 5% | 136 / 142 | |
| Capital |
| Tier 1 Capital Ratio | 15.57% | 12.07% | 12.98% | 14.92% | Beats 81% | 27 / 144 | |
| Total Risk-Based Capital Ratio | 16.83% | 13.39% | 14.14% | 16.25% | Beats 81% | 27 / 144 | |
| Equity / Assets | 11.45% | 9.69% | 11.39% | 12.96% | Beats 51% | 70 / 144 | |
| Liquidity & Funding |
| Loans / Deposits | 64.89% | 75.72% | 84.92% | 91.56% | 12th pctl | 126 / 143 | |
| Loans / Assets | 56.45% | 59.83% | 69.07% | 74.80% | 18th pctl | 118 / 144 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |