Salt Lake City, UT · Cert 57449
State charter, non-member · FDIC · 1 branch
Q2 2026
Market Position · Salt Lake City-Murray, UT · 2026 SOD (annual) · 0.2% share · #21 of 57 inst. · $2.3B 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 | 2.50% | 2.49% | 2.46% | 2.58% | 2.75% | 2.81% | 1.97% | 2.15% | -43 bps | |
| Return on Equity | 16.52% | 16.51% | 16.17% | 15.85% | 16.69% | 16.89% | 11.64% | 12.95% | -290 bps | |
| Net Interest Margin | 8.25% | 8.19% | 8.41% | 8.53% | 8.49% | 8.50% | 8.48% | 8.40% | -13 bps | |
| Efficiency Ratio | 23.95% | 24.07% | 24.84% | 24.91% | 24.47% | 23.58% | 27.94% | 27.69% | +279 bps | |
| Non-Interest Burden | 1.88% | 1.89% | 1.91% | 1.85% | 1.80% | 1.45% | 2.25% | 2.10% | +25 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 13.71% | 12.68% | 9.72% | 5.28% | 0.30% | 2.62% | 4.56% | 9.99% | +471 bps | |
| Loan Growth (YoY) | 12.98% | 13.21% | 11.67% | 3.84% | 2.01% | 2.72% | 5.43% | 12.92% | +908 bps | |
| Deposit Growth (YoY) | 13.64% | 11.96% | 7.65% | 0.14% | -2.44% | -0.25% | 5.24% | 14.15% | +1,400 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.53% | 0.51% | 0.39% | 0.39% | 0.46% | 0.61% | 0.46% | 0.45% | +6 bps | |
| Net Charge-Offs / Loans | 2.46% | 2.67% | 3.19% | 2.87% | 2.60% | 2.76% | 3.29% | 2.76% | -11 bps | |
| Allowance / Loans | 3.82% | 3.85% | 3.88% | 4.04% | 4.10% | 4.32% | 4.29% | 4.21% | +17 bps | |
| Allowance Coverage of NPLs | 7.2x | 7.5x | 9.9x | 10.3x | 9.0x | 7.0x | 9.3x | 9.3x | -1.0x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 15.66% | 15.68% | 15.96% | 19.30% | 17.50% | 17.80% | 17.38% | 16.92% | -238 bps | |
| Total Risk-Based Capital | 17.09% | 17.38% | 17.73% | 20.82% | 19.27% | 19.71% | 18.96% | 18.08% | -273 bps | |
| Equity / Assets | 14.61% | 14.97% | 15.43% | 18.38% | 17.02% | 17.18% | 16.73% | 15.88% | -250 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 112.39% | 113.51% | 116.83% | 117.26% | 117.52% | 116.90% | 117.03% | 116.00% | -126 bps | |
| Liquid Assets / Assets | 5.55% | 4.68% | 4.35% | 4.38% | 2.82% | 5.45% | 4.16% | 4.35% | -3 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 0.00% | 0.00% | 0.00% | n/a | n/a | |