Midvale, UT · Cert 57529
FDIC
Q3 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2013, the quarter ended September 30, 2013, 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.
Midvale, UT · Cert 57529
FDIC
Q3 2013
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 2011 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.21% | 1.72% | 4.84% | 5.20% | 4.34% | -0.95% | -0.69% | -0.72% | -592 bps | |
| Return on Equity | -0.86% | 5.34% | 13.52% | 14.89% | 12.75% | -4.94% | -3.58% | -3.25% | -1,813 bps | |
| Net Interest Margin | 0.51% | 1.80% | 2.00% | 2.49% | 3.46% | -0.31% | -0.38% | -0.88% | -336 bps | |
| Efficiency Ratio | 167.50% | 48.37% | 25.64% | 24.77% | 26.70% | n/a | n/a | n/a | n/a | |
| Non-Interest Burden | 0.68% | 0.03% | -3.36% | -5.65% | -7.79% | 0.60% | 0.37% | 1.10% | +676 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -30.10% | -35.02% | -35.36% | -73.89% | -77.98% | -79.17% | -82.80% | -92.61% | -1,872 bps | |
| Loan Growth (YoY) | -47.20% | -49.81% | -70.04% | -99.93% | -99.91% | -100.00% | -100.00% | -100.00% | -7 bps | |
| Deposit Growth (YoY) | -37.31% | -40.40% | -47.01% | -70.43% | -73.64% | -71.32% | -75.19% | -100.00% | -2,957 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | n/a | n/a | n/a | n/a | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | n/a | n/a | n/a | |
| Allowance / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | n/a | n/a | n/a | n/a | |
| 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 | 53.78% | 67.71% | 133.91% | 1270% | 1729% | 1237% | 1244% | 945% | -32,487 bps | |
| Equity / Assets | 29.55% | 35.55% | 44.94% | 26.41% | 23.18% | 14.28% | 19.94% | 94.25% | +6,783 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 74.73% | 78.17% | 52.05% | 0.22% | 0.26% | 0.00% | 0.00% | n/a | n/a | |
| Liquid Assets / Assets | 37.00% | 46.60% | 65.25% | 94.73% | 95.47% | 94.68% | 92.41% | 53.23% | -4,149 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |