Salt Lake City, UT · Cert 33792
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 | 5.08% | 6.32% | 6.93% | 7.13% | 7.07% | 7.39% | 7.39% | 6.95% | -18 bps | |
| Return on Equity | 22.20% | 26.35% | 27.60% | 27.56% | 26.11% | 26.04% | 25.50% | 22.97% | -459 bps | |
| Net Interest Margin | 10.47% | 12.62% | 13.59% | 13.16% | 11.49% | 11.72% | 11.53% | 11.27% | -188 bps | |
| Efficiency Ratio | 14.30% | 15.07% | 14.47% | 13.85% | 13.83% | 12.79% | 12.97% | 13.10% | -75 bps | |
| Non-Interest Burden | -1.08% | -0.79% | -0.86% | -1.09% | -2.28% | -2.71% | -2.50% | -2.55% | -146 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 16.45% | 15.17% | 15.28% | 20.39% | 16.66% | 12.19% | 13.49% | 7.72% | -1,267 bps | |
| Loan Growth (YoY) | 9.95% | 12.06% | 46.92% | 50.22% | 52.94% | 17.52% | 3.63% | -10.91% | -6,113 bps | |
| Deposit Growth (YoY) | 12.99% | 8.63% | 7.41% | 13.15% | 6.43% | 9.13% | 10.08% | 1.08% | -1,207 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 | 5.28% | 4.16% | 4.20% | 3.29% | 2.95% | 3.24% | 3.07% | 3.90% | +61 bps | |
| Allowance / Loans | 6.49% | 5.43% | 4.60% | 4.84% | 4.57% | 4.62% | 4.44% | 5.44% | +59 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 | 30.54% | 28.89% | 29.73% | 32.34% | 33.81% | 36.13% | 37.81% | 41.07% | +873 bps | |
| Equity / Assets | 22.79% | 25.11% | 25.09% | 26.64% | 27.49% | 29.27% | 28.75% | 31.80% | +516 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 103.58% | 130.44% | 143.32% | 139.77% | 148.84% | 140.46% | 134.93% | 123.18% | -1,659 bps | |
| Liquid Assets / Assets | 2.98% | 3.01% | 2.94% | 3.06% | 3.09% | 3.08% | 3.09% | 0.00% | -306 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |