Layton, UT · Cert 35461
FDIC
Q1 2009
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 4.00% | 3.63% | 3.17% | 1.04% | -0.21% | -3.41% | -11.96% | -26.59% | -2,764 bps | |
| Return on Equity | 45.45% | 42.28% | 37.30% | 11.71% | -2.30% | -44.08% | -211% | -2274% | -228,561 bps | |
| Net Interest Margin | 6.30% | 5.69% | 6.13% | 4.54% | 3.83% | 2.19% | 1.63% | 2.11% | -243 bps | |
| Efficiency Ratio | 34.60% | 40.09% | 34.21% | 43.25% | 54.54% | 88.12% | 212% | n/a | n/a | |
| Non-Interest Burden | 1.90% | 2.00% | 1.77% | 1.84% | 1.90% | 1.88% | 2.92% | 7.64% | +580 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 38.82% | 33.19% | 46.14% | 39.86% | 34.63% | 36.76% | 10.49% | -3.03% | -4,289 bps | |
| Loan Growth (YoY) | 47.99% | 35.66% | 51.41% | 46.69% | 29.35% | 17.87% | -5.80% | -15.56% | -6,225 bps | |
| Deposit Growth (YoY) | 41.52% | 35.30% | 46.47% | 40.28% | 36.39% | 40.17% | 15.97% | 9.49% | -3,079 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.07% | 0.19% | 1.20% | 2.26% | 3.33% | 9.00% | 5.35% | +414 bps | |
| Allowance / Loans | 1.00% | 0.97% | 1.06% | 1.14% | 1.21% | 1.59% | 2.84% | 8.38% | +724 bps | |
| 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 | 10.90% | 10.93% | 10.53% | 11.30% | 11.20% | 10.45% | 7.03% | -3.00% | -1,430 bps | |
| Equity / Assets | 8.62% | 8.57% | 8.44% | 9.30% | 8.54% | 7.00% | 4.28% | -2.13% | -1,144 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 102.48% | 101.90% | 102.91% | 102.80% | 97.19% | 85.69% | 83.59% | 79.29% | -2,352 bps | |
| Liquid Assets / Assets | 0.58% | 0.51% | 0.90% | 0.87% | 0.84% | 0.71% | 0.35% | 2.70% | +184 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |