Salt Lake City, UT · Cert 34404
State charter, non-member · FDIC · 1 branch
Q2 2026
Market Position · Salt Lake City-Murray, UT · 2026 SOD (annual) · 0.2% share · #22 of 57 inst. · $2.3B of $1175.7B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 4.55% | 4.95% | 4.51% | 4.54% | 5.00% | +45 bps | |
| Return on Equity | 24.36% | 27.28% | 27.78% | 27.71% | 28.93% | +457 bps | |
| Net Interest Margin | 16.13% | 15.37% | 15.29% | 14.68% | 15.80% | -33 bps | |
| Efficiency Ratio | 66.42% | 65.68% | 63.25% | 63.59% | 62.73% | -369 bps | |
| Non-Interest Burden | 9.37% | 8.80% | 8.10% | 7.86% | 8.24% | -113 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -2.32% | 9.94% | 39.21% | 24.55% | 31.43% | +3,376 bps | |
| Loan Growth (YoY) | 5.67% | 20.69% | 17.70% | 25.17% | 34.56% | +2,889 bps | |
| Deposit Growth (YoY) | -5.55% | 7.43% | 44.23% | 24.47% | 33.70% | +3,924 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 1.28% | 0.72% | 0.40% | 0.57% | 0.51% | -77 bps | |
| Net Charge-Offs / Loans | 0.47% | 0.36% | 1.25% | 0.43% | 0.40% | -7 bps | |
| Allowance / Loans | 1.25% | 1.17% | 0.99% | 1.01% | 1.01% | -24 bps | |
| Allowance Coverage of NPLs | 1.0x | 1.6x | 2.5x | 1.8x | 2.0x | +1.0x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 18.64% | 17.18% | 17.11% | 16.95% | 17.39% | -125 bps | |
| Total Risk-Based Capital | 20.84% | 19.98% | 17.57% | 19.60% | 19.18% | -167 bps | |
| Equity / Assets | 18.59% | 17.71% | 15.06% | 17.92% | 16.73% | -186 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 106.78% | 109.58% | 89.86% | 108.58% | 107.47% | +69 bps | |
| Liquid Assets / Assets | 10.68% | 9.47% | 20.38% | 10.59% | 10.00% | -69 bps | |
| CRE / Total Capital | n/a | 1.13% | 1.20% | 1.14% | n/a | n/a | |