Salt Lake City, UT · Cert 34599
State charter, non-member · FDIC · 1 branch
Q2 2026
Market Position · Salt Lake City-Murray, UT · 2026 SOD (annual) · 0.1% share · #24 of 57 inst. · $0.7B of $1175.7B
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 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 5.99% | 5.79% | 5.84% | 5.94% | 6.02% | 6.11% | 5.46% | 5.34% | -59 bps | |
| Return on Equity | 88.41% | 83.66% | 74.64% | 72.32% | 70.90% | 69.99% | 57.26% | 55.69% | -1,663 bps | |
| Net Interest Margin | 6.63% | 7.05% | 7.00% | 7.02% | 7.24% | 7.32% | 7.61% | 7.51% | +48 bps | |
| Efficiency Ratio | 15.17% | 15.69% | 21.89% | 21.56% | 21.06% | 20.72% | 31.53% | 32.04% | +1,048 bps | |
| Non-Interest Burden | -1.60% | -1.75% | -1.44% | -1.43% | -1.44% | -1.43% | -0.12% | -0.22% | +120 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.48% | -2.17% | -1.83% | -9.25% | -8.78% | -5.42% | -0.20% | -2.43% | +683 bps | |
| Loan Growth (YoY) | 12.48% | 8.68% | 21.34% | 28.48% | 36.14% | 29.38% | 14.28% | 6.93% | -2,155 bps | |
| Deposit Growth (YoY) | 1.96% | -1.30% | -1.57% | -7.76% | -10.83% | -7.73% | 0.61% | -1.12% | +664 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.49% | 0.39% | 0.37% | 0.42% | 0.36% | 0.37% | 0.45% | 0.44% | +2 bps | |
| Net Charge-Offs / Loans | 1.22% | 1.32% | 1.10% | 0.97% | 0.83% | 0.84% | 0.90% | 1.25% | +28 bps | |
| Allowance / Loans | 2.29% | 2.06% | 1.76% | 1.64% | 1.69% | 1.66% | 1.80% | 1.67% | +2 bps | |
| Allowance Coverage of NPLs | 4.6x | 5.2x | 4.7x | 3.9x | 4.6x | 4.5x | 4.0x | 3.8x | -0.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.12% | 10.89% | 11.34% | 12.07% | 12.30% | 12.52% | 11.98% | 12.37% | +30 bps | |
| Total Risk-Based Capital | 10.12% | 10.89% | 11.34% | 12.07% | 12.30% | 12.52% | 11.98% | 12.37% | +30 bps | |
| Equity / Assets | 7.41% | 7.56% | 8.09% | 9.00% | 9.35% | 9.71% | 9.36% | 9.72% | +72 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 45.56% | 50.57% | 59.09% | 64.28% | 69.56% | 70.91% | 67.12% | 69.51% | +523 bps | |
| Liquid Assets / Assets | 35.01% | 32.17% | 26.32% | 22.74% | 15.62% | 13.01% | 16.98% | 14.05% | -870 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 2.01% | 2.11% | 2.13% | n/a | n/a | |