Salt Lake City, UT · Cert 34166
FDIC
Q3 2003
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.72%1 | 1.54% | 3.23% | -1.59% | -0.23% | -195 bps | |
| Return on Equity | 23.44% | 17.77% | 33.04% | -15.22% | -2.00% | -2,544 bps | |
| Net Interest Margin | 11.00% | 10.27% | 10.60% | 9.53% | -1.84% | -1,284 bps | |
| Efficiency Ratio | 26.39% | 21.59% | 23.76% | 26.17% | 3217% | +319,079 bps | |
| Non-Interest Burden | 1.07% | 0.19% | 0.96% | 1.29% | 0.07% | -100 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 | 15.64% | 16.22% | 18.70% | 120.39% | -49.96% | -6,560 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 |