Salt Lake City, UT · Cert 58009
FDIC
Q3 2011
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2011, the quarter ended September 30, 2011, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Salt Lake City, UT · Cert 58009
FDIC
Q3 2011
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 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | Q4 2010 | Q1 2011 | Q2 2011 | Q3 2011 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.05% | 2.36% | 3.41% | 2.41% | 5.35% | 5.40% | 2.25% | 1.53% | -89 bps | |
| Return on Equity | 15.27% | 10.91% | 15.44% | 10.45% | 21.48% | 15.34% | 6.08% | 3.76% | -668 bps | |
| Net Interest Margin | 0.45% | 0.54% | -1.61% | -1.44% | -1.40% | -0.52% | -0.43% | -0.51% | +93 bps | |
| Efficiency Ratio | 64.51% | 26.25% | -73.55% | -130.94% | -31.28% | 10.58% | -3.55% | -34.10% | +9,684 bps | |
| Non-Interest Burden | -2.35% | -2.07% | -5.47% | -4.02% | -7.48% | -6.02% | -2.50% | -2.03% | +199 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -35.32% | -38.49% | -29.85% | -19.59% | -25.76% | -18.90% | -32.74% | -44.88% | -2,530 bps | |
| Loan Growth (YoY) | -22.80% | -22.27% | -28.88% | -34.49% | -49.53% | -49.04% | -55.20% | -67.08% | -3,260 bps | |
| Deposit Growth (YoY) | -45.71% | -48.63% | -38.02% | -27.61% | -36.51% | -30.17% | -47.26% | -66.84% | -3,923 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% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.08% | 0.16% | 0.16% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | -19 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 | 20.35% | 25.53% | 32.75% | 39.19% | 62.89% | 74.80% | 91.63% | 123.03% | +8,384 bps | |
| Equity / Assets | 19.92% | 23.52% | 23.08% | 26.57% | 33.67% | 36.84% | 41.19% | 56.54% | +2,997 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 72.45% | 79.01% | 68.90% | 70.11% | 57.60% | 57.66% | 58.53% | 69.59% | -52 bps | |
| Liquid Assets / Assets | 0.00% | 27.61% | 35.54% | 36.96% | 49.42% | 49.55% | 53.01% | 59.34% | +2,238 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |