Salt Lake City, UT · Cert 57056
State charter, non-member · FDIC · 1 branch
Q2 2026
Market Position · Salt Lake City-Murray, UT · 2026 SOD (annual) · 0.3% share · #17 of 57 inst. · $3.9B 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 | 4.87% | 4.76% | 4.05% | 4.04% | 3.99% | 4.12% | 3.29% | 3.41% | -63 bps | |
| Return on Equity | 26.10% | 25.62% | 22.29% | 22.36% | 22.21% | 22.98% | 18.48% | 19.32% | -304 bps | |
| Net Interest Margin | 6.58% | 6.35% | 6.41% | 6.21% | 5.98% | 5.85% | 5.97% | 5.69% | -52 bps | |
| Efficiency Ratio | 32.45% | 32.59% | 33.03% | 33.92% | 33.81% | 32.11% | 32.60% | 33.21% | -72 bps | |
| Non-Interest Burden | -0.19% | -0.07% | 0.25% | 0.32% | 0.34% | 0.22% | 0.31% | 0.17% | -15 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 31.27% | 27.70% | 28.57% | 26.19% | 32.91% | 26.74% | 24.00% | 25.14% | -105 bps | |
| Loan Growth (YoY) | 32.07% | 33.73% | 32.59% | 34.74% | 43.30% | 39.03% | 37.25% | 37.65% | +290 bps | |
| Deposit Growth (YoY) | 30.50% | 26.95% | 27.28% | 25.74% | 36.83% | 25.53% | 29.73% | 36.96% | +1,122 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.72% | 2.29% | 2.61% | 2.73% | 2.79% | 2.77% | 3.10% | 3.63% | +90 bps | |
| Net Charge-Offs / Loans | 0.06% | 0.07% | 1.10% | 0.53% | 0.68% | 0.64% | 0.83% | 0.46% | -7 bps | |
| Allowance / Loans | 1.88% | 1.83% | 1.69% | 1.67% | 1.51% | 1.43% | 1.54% | 1.64% | -2 bps | |
| Allowance Coverage of NPLs | 1.1x | 0.8x | 0.6x | 0.6x | 0.5x | 0.5x | 0.5x | 0.5x | -0.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 19.71% | 19.39% | 18.99% | 18.85% | 18.14% | 18.20% | 18.27% | 18.04% | -81 bps | |
| Total Risk-Based Capital | 19.71% | 19.39% | 18.99% | 18.85% | 18.14% | 18.20% | 18.27% | 18.04% | -81 bps | |
| Equity / Assets | 19.10% | 18.25% | 18.12% | 17.91% | 17.65% | 17.75% | 17.86% | 17.40% | -51 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 108.11% | 104.66% | 109.71% | 116.71% | 113.23% | 115.91% | 116.07% | 117.30% | +59 bps | |
| Liquid Assets / Assets | 17.35% | 17.99% | 14.50% | 12.71% | 13.57% | 12.60% | 10.97% | 9.98% | -274 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 212% | 212% | 212% | n/a | n/a | |