PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Utah First

Salt Lake City, UT · Charter 528

NCUA · 11 branches

Q2 2026

$1.2BAssets
$971.6MLoans
$929.1MShares
$121.7MNet Worth

NIM

NIM decomposition not available for credit unions

Non-interest income vs. expense

Non-interest trend not available for credit unions

Executive Summary

  • Earnings: ROA of 1.04%, up 9 bps year over year; NIM at 3.51%.
  • Asset quality: problem loans at 0.13% of loans (-19 bps YoY).
  • Capital: net worth / assets of 10.38%, up 29 bps from a year ago.
  • Funding: loans stand at 104.58% of shares as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.04%+9 bps YoY

Net Interest Margin (quarter, annualized)

3.51%+5 bps YoY

Efficiency Ratio (quarter, annualized)

70.73%-100 bps YoY

Net Worth / Assets

10.38%+29 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.95%0.95%1.03%1.02%1.04%+9 bps
Return on Equity9.45%9.64%10.04%9.97%10.04%+59 bps
Net Interest Margin3.45%3.39%3.46%3.48%3.51%+5 bps
Efficiency Ratio71.74%71.65%70.58%71.04%70.73%-100 bps
Growth
Asset Growth (YoY)7.81%9.77%7.94%7.59%8.41%+60 bps
Loan Growth (YoY)12.49%10.23%10.00%8.97%9.02%-347 bps
Share Growth (YoY)9.42%13.10%10.83%10.31%11.00%+159 bps
Asset Quality
Delinquent Loans / Loans0.33%0.25%0.27%0.17%0.13%-19 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital10.09%9.88%10.22%10.20%10.38%+29 bps
Net Worth / Assets10.09%9.88%10.22%10.20%10.38%+29 bps
Liquidity & Funding
Loans / Shares106.48%101.80%104.08%101.09%104.58%-190 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps