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 (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 | 2.27% | 1.69% | 2.12% | 1.96% | 1.97% | 1.60% | 1.78% | 1.65% | -31 bps | |
| Return on Equity | 14.92% | 11.29% | 15.23% | 13.90% | 13.88% | 11.44% | 13.67% | 12.74% | -116 bps | |
| Net Interest Margin | 18.38% | 18.26% | 17.96% | 17.98% | 18.39% | 18.53% | 18.42% | 18.02% | +4 bps | |
| Efficiency Ratio | 48.51% | 50.75% | 52.22% | 55.71% | 56.41% | 57.26% | 54.46% | 55.14% | -57 bps | |
| Non-Interest Burden | 8.09% | 8.49% | 8.60% | 9.24% | 9.59% | 9.85% | 9.23% | 9.09% | -16 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 | 8.81% | 8.36% | 8.83% | 8.68% | 8.42% | 7.84% | 7.84% | 7.47% | -120 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 | |