Salt Lake City, UT · Cert 57485
FDIC
Q3 2008
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 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.63% | 0.40% | 0.34% | -0.36% | -0.79% | -6.56% | -2.43% | -2.40% | -204 bps | |
| Return on Equity | 3.35% | 3.49% | 3.06% | -3.37% | -7.94% | -77.03% | -27.39% | -24.80% | -2,143 bps | |
| Net Interest Margin | 0.40% | 0.73% | 0.68% | 0.65% | 0.59% | 0.55% | 0.58% | 1.06% | +41 bps | |
| Efficiency Ratio | 11.94% | 26.07% | 24.04% | n/a | n/a | n/a | n/a | n/a | n/a | |
| Non-Interest Burden | 0.00% | 0.08% | 0.14% | 1.19% | 1.76% | 10.86% | 4.34% | 4.57% | +338 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 55733% | 67999% | 846% | 41.60% | 51.22% | 70.80% | 71.19% | 44.53% | +294 bps | |
| Loan Growth (YoY) | 191708% | 54079% | 390% | 1650% | 255% | 1826% | 763% | 115.51% | -153,434 bps | |
| Deposit Growth (YoY) | 2147960% | 2565949% | 20498% | 48.62% | 58.77% | 72.28% | 71.61% | 39.76% | -885 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 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.01% | 0.19% | 0.18% | 0.08% | 0.07% | 0.07% | 0.06% | 0.07% | -1 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 | 37.29% | 31.31% | 27.78% | 22.94% | 13.15% | 18.24% | 18.48% | 22.38% | -56 bps | |
| Equity / Assets | 12.31% | 10.49% | 10.52% | 10.14% | 7.51% | 9.27% | 9.52% | 12.35% | +220 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 4.47% | 0.95% | 2.44% | 9.74% | 10.00% | 10.57% | 12.26% | 15.02% | +528 bps | |
| Liquid Assets / Assets | 0.07% | 0.51% | 0.15% | 0.08% | 0.07% | 0.06% | 0.01% | 0.00% | -8 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |