Salt Lake City, UT · Cert 58177
State charter, non-member · FDIC · 1 branch
Q2 2026
Market Position · Salt Lake City-Murray, UT · 2026 SOD (annual) · 1.7% share · #9 of 57 inst. · $20.3B 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 | 2.61% | 2.36% | 4.54% | 2.92% | 2.66% | 2.90% | 4.31% | 2.77% | -16 bps | |
| Return on Equity | 28.10% | 25.65% | 47.65% | 30.23% | 27.16% | 29.63% | 43.20% | 27.51% | -272 bps | |
| Net Interest Margin | 5.18% | 5.02% | 5.22% | 5.28% | 5.26% | 5.23% | 5.25% | 5.08% | -20 bps | |
| Efficiency Ratio | 29.43% | 30.23% | 22.68% | 28.04% | 28.57% | 28.58% | 26.43% | 32.99% | +494 bps | |
| Non-Interest Burden | 0.42% | 0.64% | -1.07% | 0.27% | 0.15% | 0.29% | -0.37% | 0.55% | +28 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.71% | 3.07% | 2.14% | 2.84% | -1.07% | -1.01% | 1.81% | -3.41% | -625 bps | |
| Loan Growth (YoY) | 0.32% | 3.31% | 4.65% | 12.19% | 3.53% | 1.54% | -4.58% | -6.96% | -1,915 bps | |
| Deposit Growth (YoY) | -0.21% | -1.97% | -3.70% | -1.23% | -6.80% | 0.31% | 1.91% | -2.34% | -110 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.71% | 0.63% | 0.63% | 0.55% | 0.63% | 0.67% | 0.71% | 0.65% | +9 bps | |
| Net Charge-Offs / Loans | 1.47% | 1.52% | 1.35% | 1.50% | 1.43% | 1.52% | 1.65% | 1.91% | +41 bps | |
| Allowance / Loans | 6.33% | 6.44% | 6.42% | 6.51% | 6.61% | 6.32% | 6.45% | 6.45% | -6 bps | |
| Allowance Coverage of NPLs | 8.9x | 10.2x | 10.3x | 11.8x | 10.6x | 9.5x | 9.1x | 10.0x | -1.8x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.07% | 9.75% | 10.09% | 10.21% | 10.40% | 9.88% | 10.33% | 10.17% | -5 bps | |
| Total Risk-Based Capital | 12.88% | 12.62% | 12.89% | 12.78% | 12.58% | 12.39% | 13.66% | 13.09% | +31 bps | |
| Equity / Assets | 9.10% | 8.93% | 10.15% | 9.95% | 10.19% | 9.72% | 10.26% | 10.19% | +24 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 103.31% | 104.40% | 110.67% | 109.07% | 114.76% | 105.68% | 103.62% | 103.90% | -517 bps | |
| Liquid Assets / Assets | 15.41% | 16.05% | 13.28% | 14.28% | 12.40% | 14.69% | 17.86% | 15.68% | +140 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 0.00% | 0.00% | 0.00% | n/a | n/a | |