Salt Lake City, UT · Cert 58267
FDIC · 1 branch
Q4 2021
Market Position · Salt Lake City, UT · 2021 SOD (annual) · 0.1% share · #23 of 44 inst. · $0.7B of $730.2B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -3.05% | -3.11% | 0.62% | 5.40% | 2.57% | 4.83% | 2.06% | 0.20% | -520 bps | |
| Return on Equity | -24.31% | -28.18% | 5.30% | 39.96% | 16.67% | 29.42% | 12.72% | 1.14% | -3,882 bps | |
| Net Interest Margin | 8.39% | 7.11% | 7.43% | 7.19% | 7.43% | 7.82% | 7.19% | 5.29% | -190 bps | |
| Efficiency Ratio | 67.77% | 62.30% | 65.25% | 74.16% | 70.10% | 71.32% | 69.03% | 128.57% | +5,441 bps | |
| Non-Interest Burden | 5.33% | 4.33% | 4.74% | 5.28% | 5.14% | 5.31% | 4.88% | 6.53% | +126 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 7.04% | -1.85% | -7.70% | -12.19% | -21.66% | -14.73% | 0.96% | -9.95% | +224 bps | |
| Loan Growth (YoY) | 4.96% | -4.46% | -9.78% | -12.21% | -14.83% | -12.13% | -6.86% | -1.52% | +1,069 bps | |
| Deposit Growth (YoY) | 12.23% | 2.45% | -4.84% | -11.74% | -26.73% | -21.32% | -3.45% | -100.00% | -8,826 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.67% | 1.10% | 0.90% | 0.57% | 0.29% | 0.67% | 0.38% | 0.44% | -13 bps | |
| Net Charge-Offs / Loans | 2.88% | 3.38% | 4.47% | 2.50% | 1.68% | 0.59% | 0.63% | 0.58% | -191 bps | |
| Allowance / Loans | 5.25% | 6.68% | 6.85% | 5.13% | 4.67% | 3.48% | 3.34% | 2.88% | -225 bps | |
| Allowance Coverage of NPLs | 7.9x | 6.1x | 7.6x | 9.1x | 15.9x | 5.2x | 8.9x | 6.6x | -2.5x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 13.27% | 11.79% | 13.26% | 15.26% | 16.84% | 18.86% | 17.84% | 17.43% | +217 bps | |
| Total Risk-Based Capital | 16.16% | 16.23% | 18.21% | 19.53% | 20.29% | 21.16% | 21.94% | 21.16% | +162 bps | |
| Equity / Assets | 11.18% | 10.88% | 12.41% | 14.70% | 16.15% | 16.70% | 15.73% | 18.95% | +425 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 99.95% | 100.35% | 103.62% | 111.12% | 116.18% | 112.08% | 99.96% | n/a | n/a | |
| Liquid Assets / Assets | 16.08% | 13.90% | 16.75% | 11.50% | 7.72% | 10.30% | 19.46% | 0.01% | -1,150 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |