Salt Lake City, UT · Cert 34166
FDIC
Q3 2003
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 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.15% | 1.24% | 3.23% | 0.90%1 | 0.56%1 | -59 bps | |
| Return on Equity | 16.90% | 16.93% | 33.04% | 8.87% | 5.33% | -1,157 bps | |
| Net Interest Margin | 11.70% | 11.74% | 10.60% | 9.98% | 7.20% | -450 bps | |
| Efficiency Ratio | 29.45% | 27.71% | 23.76% | 24.90% | 31.95% | +250 bps | |
| Non-Interest Burden | 1.54% | 1.26% | 0.96% | 1.12% | 0.90% | -65 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -13.71% | -16.45% | -9.27% | -19.52% | -25.54% | -1,183 bps | |
| Loan Growth (YoY) | -5.86% | -11.57% | -17.28% | -34.65% | -97.16% | -9,130 bps | |
| Deposit Growth (YoY) | -12.53% | -18.77% | -21.93% | -22.55% | -28.24% | -1,571 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 16.42% | 16.71% | 18.70% | 72.55% | 1139% | +112,242 bps | |
| Allowance / Loans | 19.01% | 18.89% | 18.53% | 0.58% | 20.45% | +144 bps | |
| Allowance Coverage of NPLs | 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 |
| Total Risk-Based Capital | 15.92% | 19.75% | 20.50% | 20.79% | 34.16% | +1,824 bps | |
| Equity / Assets | 7.66% | 9.70% | 9.85% | 11.13% | 11.99% | +432 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 61.35% | 64.17% | 64.57% | 51.19% | 2.43% | -5,892 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |