Provo, UT · Cert 34232
FDIC · 3 branches
Q3 2018
Market Position · Provo-Orem, UT · 2018 SOD (annual) · 0.8% share · #11 of 13 inst. · $0.1B of $8.3B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q4 2016 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.06% | 0.45% | 1.40% | 1.49% | 1.21% | 1.63% | 2.57% | 1.69% | +20 bps | |
| Return on Equity | 8.06% | 3.49% | 10.64% | 11.37% | 8.70% | 11.44% | 18.59% | 12.18% | +81 bps | |
| Net Interest Margin | 4.65% | 4.38% | 4.61% | 4.91% | 4.77% | 5.29% | 5.40% | 6.34% | +143 bps | |
| Efficiency Ratio | 67.09% | 80.45% | 64.92% | 66.03% | 72.99% | 70.18% | 59.27% | 67.80% | +177 bps | |
| Non-Interest Burden | 2.36% | 3.25% | 2.02% | 2.41% | 2.95% | 3.06% | 1.52% | 3.90% | +149 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 28.89% | 21.40% | 17.86% | 14.98% | -7.75% | 6.42% | 4.51% | 7.12% | -786 bps | |
| Loan Growth (YoY) | 35.63% | 31.63% | 15.84% | 9.17% | 5.21% | 10.10% | 19.76% | 15.32% | +615 bps | |
| Deposit Growth (YoY) | 32.75% | 24.14% | 19.99% | 15.60% | -10.77% | 5.24% | 2.57% | 6.25% | -934 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 2.04% | 1.54% | 1.32% | 0.58% | 0.47% | 0.43% | 0.00% | -132 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.98% | 0.00% | -0.55% | 0.01% | +1 bps | |
| Allowance / Loans | 1.17% | 1.26% | 1.37% | 1.37% | 1.10% | 1.04% | 1.15% | 1.19% | -18 bps | |
| Allowance Coverage of NPLs | n/a | 0.6x | 0.9x | 1.0x | 1.9x | 2.2x | 2.7x | n/a | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 13.62% | 13.18% | 13.19% | 13.08% | 14.04% | 14.97% | 14.76% | 14.37% | +129 bps | |
| Total Risk-Based Capital | 18.16% | 18.68% | 18.76% | 19.11% | 18.83% | 17.50% | 17.95% | 18.85% | -26 bps | |
| Equity / Assets | 12.38% | 13.42% | 12.87% | 13.29% | 14.62% | 13.84% | 13.79% | 13.91% | +63 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 78.94% | 86.67% | 79.24% | 82.93% | 93.08% | 90.67% | 92.52% | 90.01% | +708 bps | |
| Liquid Assets / Assets | 1.88% | 0.47% | 1.00% | 2.13% | 2.12% | 1.60% | 1.31% | 1.79% | -34 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |