Sandy, UT · Cert 34697
State charter, non-member · FDIC · 1 branch
Q2 2026
Market Position · Salt Lake City-Murray, UT · 2026 SOD (annual) · 0.7% share · #15 of 57 inst. · $7.9B 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 | 4.69% | 4.56% | 4.88% | 4.74% | 4.66% | 4.62% | 3.91% | 4.30% | -45 bps | |
| Return on Equity | 59.11% | 58.03% | 63.64% | 60.76% | 57.54% | 55.65% | 46.26% | 51.92% | -884 bps | |
| Net Interest Margin | 10.78% | 10.46% | 9.92% | 9.25% | 9.42% | 9.16% | 9.69% | 9.37% | +12 bps | |
| Efficiency Ratio | 59.08% | 59.85% | 56.87% | 56.93% | 57.71% | 57.89% | 58.22% | 57.30% | +37 bps | |
| Non-Interest Burden | 3.49% | 3.54% | 2.72% | 2.42% | 2.65% | 2.57% | 3.14% | 3.11% | +69 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.66% | 2.23% | 5.96% | 16.74% | 9.34% | 16.84% | 19.62% | 20.73% | +399 bps | |
| Loan Growth (YoY) | -8.25% | -12.52% | -1.04% | 7.54% | 0.51% | 12.77% | 15.86% | 15.96% | +841 bps | |
| Deposit Growth (YoY) | -5.24% | -0.72% | -0.08% | 14.61% | 14.77% | 17.81% | 24.27% | 21.32% | +671 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.59% | 0.74% | 0.50% | 0.49% | 0.62% | 0.76% | 0.75% | 0.44% | -6 bps | |
| Net Charge-Offs / Loans | 1.83% | 2.20% | 1.41% | 1.10% | 1.28% | 1.46% | 2.01% | 1.69% | +59 bps | |
| Allowance / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.38% | 9.01% | 9.29% | 9.24% | 9.24% | 9.04% | 9.13% | 8.93% | -31 bps | |
| Total Risk-Based Capital | 14.10% | 15.36% | 13.82% | 13.67% | 15.05% | 15.94% | 13.77% | 13.48% | -19 bps | |
| Equity / Assets | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 60.85% | 50.23% | 59.54% | 58.14% | 53.29% | 48.08% | 55.52% | 55.57% | -257 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 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 | n/a | n/a | n/a |