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Prime Alliance Bank

Woods Cross, UT · Cert 57920

State charter, non-member · FDIC · 1 branch

Q2 2026

$1.1BAssets
$884.2MLoans
$966.1MDeposits
$116.5MEquity
Loan mix
6%RE $32.5M94%C&I $545.6M0%Consumer $0.0MQ2 2025Q2 2026
Deposit mix
98%Interest-bearing $942.7M2%Noninterest $23.4MQ2 2025Q2 2026

NIM

7.71%Q2 ’247.78%Q2 ’258.15%Q2 ’26+5%+15%

Non-interest income vs. expense

0.90%Q2 ’240.91%Q2 ’251.01%Q2 ’26+1%+11%

Market Position · Ogden, UT · 2026 SOD (annual) · 10.2% share · #5 of 14 inst. · $1.0B of $9.5B

Executive Summary

  • Earnings: ROA of 2.68%, up 109 bps year over year; NIM at 4.87%.
  • Asset quality: problem loans at 1.60% of loans (-58 bps YoY), with net charge-offs at 1.33%.
  • Capital: tier 1 leverage ratio of 11.53%, up 163 bps from a year ago.
  • Funding: loans stand at 91.52% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

2.68%+109 bps YoY

Net Interest Margin (YTD, annualized)

4.87%+62 bps YoY

Efficiency Ratio (YTD, annualized)

20.62%-68 bps YoY

Tier 1 Leverage Ratio

11.53%+163 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.58%1.77%1.92%2.83%2.68%+109 bps
Return on Equity17.94%20.08%21.41%28.38%26.17%+823 bps
Net Interest Margin4.25%4.17%4.18%4.91%4.87%+62 bps
Efficiency Ratio21.30%21.07%20.97%22.41%20.62%-68 bps
Non-Interest Burden0.90%0.87%0.87%1.10%1.00%+10 bps
Growth
Asset Growth (YoY)30.45%35.39%27.35%19.48%11.62%-1,882 bps
Loan Growth (YoY)32.46%45.21%27.89%19.09%10.79%-2,168 bps
Deposit Growth (YoY)32.70%37.61%26.61%17.57%9.02%-2,368 bps
Asset Quality
Nonperforming Loans / Loans2.17%2.34%1.97%1.72%1.60%-58 bps
Net Charge-Offs / Loans0.11%0.07%0.69%0.27%1.33%+123 bps
Allowance / Loans3.62%3.64%3.41%3.42%2.89%-73 bps
Allowance Coverage of NPLs1.7x1.6x1.7x2.0x1.8x+0.1x
Capital
Tier 1 Leverage Ratio9.90%9.70%9.92%11.10%11.53%+163 bps
Total Risk-Based Capital11.64%11.70%12.71%13.86%14.00%+236 bps
Equity / Assets8.61%8.79%9.48%10.46%10.73%+212 bps
Liquidity & Funding
Loans / Deposits90.06%89.85%88.08%89.49%91.52%+146 bps
Liquid Assets / Assets0.46%0.40%0.34%0.34%0.33%-13 bps
CRE / Total Capitaln/a55.62%34.82%27.82%n/an/a