Midvale, UT · Cert 35228
FDIC
Q1 2009
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2009, the quarter ended March 31, 2009, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Midvale, UT · Cert 35228
FDIC
Q1 2009
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 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 230% | 256% | 274% | 226% | 240% | 175.87% | 162.63% | 0.43% | -22,562 bps | |
| Return on Equity | 426% | 450% | 459% | 273% | 284% | 202% | 186.79% | 0.49% | -27,208 bps | |
| Net Interest Margin | 4.03% | 4.72% | 4.39% | 2.38% | 1.94% | 3.54% | 6.60% | 0.43% | -196 bps | |
| Efficiency Ratio | 1.27% | 1.20% | 0.99% | 1.20% | 1.20% | 1.29% | 1.29% | 0.00% | -120 bps | |
| Non-Interest Burden | -382% | -498% | -470% | -341% | -276% | -370% | -608% | 0.00% | +34,063 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 26.00% | -26.94% | -0.31% | -52.35% | -30.00% | -44.91% | -94.70% | -95.60% | -4,325 bps | |
| Loan Growth (YoY) | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Deposit Growth (YoY) | 13.72% | -41.83% | -47.10% | -98.20% | -100.00% | -100.00% | -100.00% | -100.00% | -180 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| 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 | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 391% | 346% | 388% | 450% | 447% | 488% | 424% | 424% | -2,639 bps | |
| Equity / Assets | 77.38% | 68.64% | 75.99% | 88.69% | 89.92% | 98.85% | 88.05% | 88.06% | -63 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 0.00% | 0.00% | 0.00% | 0.00% | n/a | n/a | n/a | n/a | n/a | |
| Liquid Assets / Assets | 47.85% | 48.78% | 46.97% | 41.64% | 99.47% | 99.17% | 96.18% | 96.23% | +5,460 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |