Draper, UT · Cert 57570
State charter, non-member · FDIC · 1 branch
Q2 2026
Market Position · Salt Lake City-Murray, UT · 2026 SOD (annual) · 0.9% share · #12 of 57 inst. · $11.0B of $1175.7B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.21% | 0.00% | 2.12% | 1.80% | 1.98% | 0.52% | 1.78% | 1.55% | -25 bps | |
| Return on Equity | 7.92% | 0.00% | 15.23% | 12.69% | 13.68% | 3.84% | 13.67% | 11.95% | -74 bps | |
| Net Interest Margin | 19.03% | 18.47% | 17.96% | 17.66% | 18.85% | 19.28% | 18.42% | 17.85% | +19 bps | |
| Efficiency Ratio | 49.49% | 57.32% | 52.22% | 59.28% | 57.75% | 59.69% | 54.46% | 55.83% | -345 bps | |
| Non-Interest Burden | 8.60% | 9.90% | 8.60% | 9.73% | 10.09% | 10.78% | 9.23% | 9.06% | -66 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.36% | 2.41% | 4.01% | 1.85% | 0.87% | 2.75% | 0.53% | 7.36% | +551 bps | |
| Loan Growth (YoY) | 5.70% | 1.72% | 1.59% | 2.65% | -0.29% | 1.22% | 4.44% | 8.33% | +569 bps | |
| Deposit Growth (YoY) | 7.16% | 5.83% | 4.37% | 4.97% | 2.78% | 5.69% | 4.20% | 9.92% | +496 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 4.25% | 3.97% | 3.97% | 3.67% | 3.82% | 3.71% | 3.61% | 3.21% | -47 bps | |
| Net Charge-Offs / Loans | 8.14% | 8.31% | 8.83% | 8.51% | 8.00% | 7.68% | 7.84% | 7.38% | -113 bps | |
| Allowance / Loans | 12.44% | 12.11% | 12.54% | 12.16% | 11.96% | 11.45% | 11.74% | 11.41% | -76 bps | |
| Allowance Coverage of NPLs | 2.9x | 3.0x | 3.2x | 3.3x | 3.1x | 3.1x | 3.2x | 3.6x | +0.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 14.38% | 14.29% | 13.15% | 13.92% | 13.64% | 13.18% | 12.45% | 12.84% | -108 bps | |
| Total Risk-Based Capital | 17.41% | 16.74% | 18.92% | 19.52% | 19.02% | 17.52% | 17.58% | 17.65% | -187 bps | |
| Equity / Assets | 14.75% | 13.98% | 13.80% | 14.61% | 14.39% | 12.99% | 12.99% | 12.96% | -165 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 112.93% | 116.66% | 109.58% | 108.80% | 109.56% | 111.73% | 109.83% | 107.23% | -158 bps | |
| Liquid Assets / Assets | 14.83% | 15.64% | 19.27% | 17.54% | 16.40% | 16.70% | 16.89% | 17.21% | -33 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 0.00% | 0.00% | 0.00% | n/a | n/a | |