Tucson, AZ · Cert 57279
FDIC · 5 branches
Q4 2023
Market Position · Tucson, AZ · 2023 SOD (annual) · 1.3% share · #11 of 18 inst. · $0.3B of $20.4B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.77% | 0.87% | 1.14% | 1.22% | 0.94% | 0.77% | 0.94% | 0.70% | -53 bps | |
| Return on Equity | 8.40% | 10.18% | 13.97% | 14.49% | 10.37% | 8.39% | 10.72% | 8.23% | -626 bps | |
| Net Interest Margin | 3.69% | 3.94% | 4.31% | 4.80% | 4.53% | 4.33% | 4.29% | 4.04% | -76 bps | |
| Efficiency Ratio | 73.91% | 70.50% | 65.52% | 66.45% | 72.42% | 76.38% | 71.04% | 76.50% | +1,006 bps | |
| Non-Interest Burden | 2.59% | 2.74% | 2.77% | 3.12% | 3.25% | 3.29% | 3.02% | 3.07% | -5 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -2.81% | 8.05% | 9.41% | 7.43% | 4.72% | 5.39% | 10.45% | 17.15% | +972 bps | |
| Loan Growth (YoY) | -8.60% | 2.17% | 7.26% | 21.81% | 16.64% | 18.44% | 20.08% | 15.52% | -629 bps | |
| Deposit Growth (YoY) | 4.45% | 9.06% | 11.43% | 0.19% | -3.36% | -7.50% | -8.07% | 10.94% | +1,075 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.52% | 0.08% | 0.07% | 0.00% | 0.00% | 0.46% | 0.45% | 0.53% | +53 bps | |
| Net Charge-Offs / Loans | -0.12% | -0.42% | 0.00% | -0.02% | 0.00% | 0.00% | -0.10% | -0.08% | -6 bps | |
| Allowance / Loans | 1.44% | 1.44% | 1.46% | 1.32% | 1.34% | 1.22% | 1.24% | 1.19% | -13 bps | |
| Allowance Coverage of NPLs | 2.8x | 19.2x | 20.1x | n/a | n/a | 2.7x | 2.8x | 2.2x | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.72% | 9.62% | 9.40% | 10.31% | 10.72% | 10.71% | 10.45% | 10.18% | -13 bps | |
| Total Risk-Based Capital | 9.72% | 9.62% | 9.40% | 10.31% | 10.72% | 10.71% | 10.45% | 10.18% | -13 bps | |
| Equity / Assets | 8.78% | 8.37% | 8.01% | 8.87% | 9.35% | 9.09% | 8.41% | 8.50% | -37 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 74.57% | 78.43% | 75.37% | 91.75% | 90.00% | 100.42% | 98.45% | 95.54% | +379 bps | |
| Liquid Assets / Assets | 12.30% | 9.06% | 12.27% | 3.49% | 5.73% | 2.58% | 9.17% | 9.38% | +589 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |