South Jordan, UT · Cert 34519
State charter, non-member · FDIC · 1 branch
Q2 2026
Market Position · Salt Lake City-Murray, UT · 2026 SOD (annual) · 0.6% share · #16 of 57 inst. · $7.4B 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 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 3.70% | -0.95% | 2.41% | -0.93% | 1.58% | 1.64% | 3.31% | 1.81% | +274 bps | |
| Return on Equity | 17.92% | -4.74% | 12.12% | -4.50% | 7.73% | 8.04% | 16.90% | 9.95% | +1,445 bps | |
| Net Interest Margin | 19.23% | 17.29% | 14.28% | 17.86% | 18.58% | 18.45% | 17.67% | 17.78% | -7 bps | |
| Efficiency Ratio | 28.61% | 28.97% | 29.75% | 32.48% | 30.53% | 30.30% | 31.62% | 33.24% | +77 bps | |
| Non-Interest Burden | 3.23% | 3.02% | 2.55% | 3.95% | 3.80% | 3.74% | 3.79% | 3.99% | +4 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.14% | 7.56% | 48.83% | 47.53% | 53.89% | 38.32% | 0.30% | 2.00% | -4,553 bps | |
| Loan Growth (YoY) | 10.55% | 19.22% | 23.03% | 59.66% | 62.37% | 49.76% | 44.30% | 1.53% | -5,813 bps | |
| Deposit Growth (YoY) | 5.44% | 7.40% | 47.37% | 46.75% | 55.77% | 35.22% | 2.19% | 5.69% | -4,106 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 4.56% | 4.42% | 3.96% | 3.38% | 3.62% | 3.93% | 3.93% | 3.52% | +14 bps | |
| Net Charge-Offs / Loans | 12.10% | 12.34% | 12.70% | 10.80% | 9.78% | 10.57% | 12.01% | 11.32% | +53 bps | |
| Allowance / Loans | 16.88% | 16.71% | 16.30% | 14.49% | 14.93% | 15.33% | 15.37% | 15.37% | +88 bps | |
| Allowance Coverage of NPLs | 3.7x | 3.8x | 4.1x | 4.3x | 4.1x | 3.9x | 3.9x | 4.4x | +0.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 22.76% | 20.11% | 24.33% | 19.66% | 19.44% | 19.34% | 17.11% | 16.59% | -307 bps | |
| Total Risk-Based Capital | 25.69% | 23.41% | 32.18% | 21.56% | 21.50% | 21.50% | 19.22% | 18.21% | -335 bps | |
| Equity / Assets | 21.42% | 18.70% | 20.76% | 20.44% | 20.51% | 20.30% | 18.80% | 17.63% | -282 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 119.06% | 111.26% | 85.61% | 121.95% | 124.11% | 123.22% | 120.88% | 117.15% | -480 bps | |
| Liquid Assets / Assets | 10.59% | 13.29% | 34.50% | 6.37% | 6.02% | 6.15% | 5.98% | 6.71% | +34 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 0.00% | 0.00% | 0.00% | n/a | n/a | |