Salt Lake City, UT · Cert 58148
State charter, non-member · FDIC · 1 branch
Q2 2026
Market Position · Salt Lake City-Murray, UT · 2026 SOD (annual) · 0.0% share · #35 of 57 inst. · $0.3B 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 | 0.96% | 0.99% | 2.16% | 1.89% | 1.87% | 1.27% | 0.48% | 0.69% | -121 bps | |
| Return on Equity | 8.02% | 8.15% | 16.58% | 14.58% | 14.21% | 9.57% | 3.39% | 4.71% | -986 bps | |
| Net Interest Margin | 6.06% | 6.04% | 6.83% | 6.61% | 6.46% | 6.46% | 5.61% | 5.65% | -96 bps | |
| Efficiency Ratio | 46.75% | 47.45% | 45.08% | 44.21% | 44.77% | 44.27% | 57.21% | 59.64% | +1,543 bps | |
| Non-Interest Burden | 2.54% | 2.56% | 2.65% | 2.46% | 2.46% | 2.32% | 2.77% | 2.71% | +25 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 40.67% | 15.68% | 0.32% | 1.04% | -4.41% | 2.47% | -2.10% | -12.50% | -1,354 bps | |
| Loan Growth (YoY) | 21.69% | 17.12% | 1.29% | 4.14% | 14.10% | 1.19% | -9.30% | -18.61% | -2,274 bps | |
| Deposit Growth (YoY) | 44.51% | 13.38% | -1.87% | -0.94% | -6.71% | 3.25% | -1.81% | -13.94% | -1,300 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.11% | 0.81% | 0.83% | 1.38% | 1.04% | 3.81% | 4.65% | 5.32% | +394 bps | |
| Net Charge-Offs / Loans | 1.97% | 2.24% | 1.41% | 1.29% | 1.53% | 2.24% | 2.68% | 3.67% | +238 bps | |
| Allowance / Loans | 2.70% | 2.23% | 2.16% | 2.25% | 2.20% | 2.68% | 2.93% | 2.40% | +15 bps | |
| Allowance Coverage of NPLs | 2.4x | 2.7x | 2.6x | 1.6x | 2.1x | 0.7x | 0.6x | 0.5x | -1.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.76% | 12.18% | 13.41% | 13.14% | 13.24% | 13.53% | 13.97% | 15.01% | +187 bps | |
| Total Risk-Based Capital | 11.76% | 12.18% | 13.41% | 13.14% | 13.24% | 13.53% | 13.97% | 15.01% | +187 bps | |
| Equity / Assets | 11.35% | 12.82% | 13.26% | 12.91% | 13.58% | 13.85% | 14.52% | 15.55% | +264 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 91.45% | 109.51% | 111.27% | 110.73% | 111.85% | 107.32% | 102.78% | 104.73% | -600 bps | |
| Liquid Assets / Assets | 22.03% | 8.44% | 7.21% | 6.33% | 6.64% | 9.10% | 13.47% | 10.91% | +457 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 37.74% | 58.04% | 86.92% | n/a | n/a | |