Salt Lake City, UT · Cert 57225
FDIC
Q2 2007
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2007, the quarter ended June 30, 2007, 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.
Salt Lake City, UT · Cert 57225
FDIC
Q2 2007
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 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.93% | 2.05% | 2.45% | 2.38% | 2.38% | 2.38% | 2.14% | 3.03% | +65 bps | |
| Return on Equity | 11.99% | 12.66% | 14.30% | 13.58% | 13.29% | 13.02% | 10.42% | 15.59% | +201 bps | |
| Net Interest Margin | 3.63% | 3.89% | 3.89% | 4.04% | 4.06% | 4.01% | 3.99% | 4.42% | +38 bps | |
| Efficiency Ratio | 23.72% | 24.44% | 22.46% | 24.18% | 24.06% | 24.31% | 24.49% | 27.24% | +305 bps | |
| Non-Interest Burden | 0.54% | 0.60% | 0.39% | 0.49% | 0.45% | 0.47% | 0.51% | 0.82% | +33 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 17.04% | 12.80% | 5.41% | -0.83% | -4.12% | -4.59% | -6.59% | -57.79% | -5,696 bps | |
| Loan Growth (YoY) | 16.04% | 12.52% | 5.41% | -0.99% | -4.34% | -4.22% | -6.32% | -65.99% | -6,500 bps | |
| Deposit Growth (YoY) | 62.82% | 108.79% | 81.75% | 55.48% | 49.85% | -11.69% | -10.45% | -55.72% | -11,120 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 | 0.29% | 0.33% | -0.03% | 0.13% | 0.13% | 0.17% | 0.28% | 0.79% | +66 bps | |
| Allowance / Loans | 1.12% | 1.10% | 1.05% | 0.98% | 0.96% | 0.80% | 0.81% | 0.45% | -53 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 | 16.50% | 16.81% | 17.29% | 17.49% | 17.94% | 18.38% | 19.46% | 12.58% | -491 bps | |
| Equity / Assets | 15.98% | 16.69% | 17.60% | 18.23% | 19.09% | 19.93% | 21.27% | 14.14% | -409 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 194.56% | 121.88% | 120.99% | 121.52% | 124.20% | 132.19% | 126.56% | 93.35% | -2,817 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 |