Salt Lake City, UT · Cert 58001
FDIC
Q3 2008
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.36% | 0.85% | 1.01% | -1.85% | -6.42% | -5.64% | -10.85% | -8.94% | -709 bps | |
| Return on Equity | 12.56% | 9.38% | 11.26% | -18.91% | -69.60% | -70.74% | -154.06% | -149.58% | -13,067 bps | |
| Net Interest Margin | 4.19% | 4.05% | 3.84% | 3.25% | 2.70% | 1.35% | 0.90% | -0.60% | -386 bps | |
| Efficiency Ratio | 54.27% | 44.68% | 49.58% | 163.72% | 110.25% | 186.93% | 380% | 503% | +33,879 bps | |
| Non-Interest Burden | 2.19% | 1.70% | 1.89% | 5.35% | 2.98% | 2.69% | 3.41% | 4.95% | -40 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 545% | 313% | 86.91% | 24.12% | -0.07% | -22.01% | -31.61% | -36.32% | -6,044 bps | |
| Loan Growth (YoY) | 907% | 301% | 114.66% | 43.20% | 14.66% | -15.60% | -28.85% | -40.07% | -8,327 bps | |
| Deposit Growth (YoY) | 1506% | 549% | 100.43% | 25.53% | 0.90% | -20.17% | -28.52% | -31.87% | -5,740 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.17% | 0.23% | 0.27% | 1.42% | 11.02% | 12.63% | +1,239 bps | |
| Allowance / Loans | 1.14% | 1.20% | 1.28% | 1.44% | 2.36% | 3.88% | 4.83% | 3.46% | +201 bps | |
| 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 | 12.42% | 10.67% | 11.54% | 11.45% | 10.21% | 9.49% | 8.25% | 6.76% | -469 bps | |
| Equity / Assets | 10.06% | 8.34% | 9.63% | 9.89% | 8.53% | 7.41% | 6.57% | 5.29% | -460 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 89.33% | 85.99% | 94.95% | 101.69% | 101.51% | 90.91% | 94.51% | 89.45% | -1,224 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |