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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

7.62%Q2 ’248.30%Q2 ’258.22%Q2 ’26+17%+6%

Non-interest income vs. expense

1.05%Q2 ’240.99%Q2 ’250.93%Q2 ’26-4%-7%

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

Executive Summary

  • Earnings: ROA of 2.54%, up 88 bps year over year; NIM at 4.91%.
  • Asset quality: problem loans at 1.60% of loans (-58 bps YoY), with net charge-offs at 2.41%.
  • 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 (quarter, annualized)

2.54%+88 bps YoY

Net Interest Margin (quarter, annualized)

4.91%+27 bps YoY

Efficiency Ratio (quarter, annualized)

18.87%-247 bps YoY

Tier 1 Leverage Ratio

11.53%+163 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.67%2.11%2.25%2.83%2.54%+88 bps
Return on Equity19.02%24.25%24.67%28.38%24.01%+499 bps
Net Interest Margin4.65%4.76%4.87%4.91%4.91%+27 bps
Efficiency Ratio21.33%20.68%20.75%22.41%18.87%-247 bps
Non-Interest Burden0.99%0.98%1.01%1.10%0.92%-6 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 / Loans0.25%0.03%2.54%0.27%2.41%+217 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