Saint George, UT · Cert 58522
FDIC · 1 branch
Q3 2017
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2017, the quarter ended September 30, 2017, 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.
Saint George, UT · Cert 58522
FDIC · 1 branch
Q3 2017
Market Position · St. George, UT · 2017 SOD (annual) · 5.6% share · #6 of 9 inst. · $0.1B of $2.2B
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 2015 | Q1 2016 | Q2 2016 | Q3 2016 | Q4 2016 | Q1 2017 | Q2 2017 | Q3 2017 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.95% | 0.32% | 0.59% | 0.60% | 0.45% | 1.37% | 0.29% | 1.02% | +42 bps | |
| Return on Equity | 17.21% | 2.69% | 4.90% | 5.10% | 3.92% | 12.61% | 2.81% | 9.55% | +445 bps | |
| Net Interest Margin | 4.04% | 4.01% | 3.96% | 3.70% | 3.55% | 3.90% | 3.56% | 3.59% | -11 bps | |
| Efficiency Ratio | 68.78% | 94.00% | 83.88% | 83.28% | 85.22% | 60.97% | 75.21% | 65.73% | -1,755 bps | |
| Non-Interest Burden | 1.99% | 3.68% | 3.07% | 2.84% | 2.84% | 0.88% | 2.02% | 1.27% | -157 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 20.79% | 15.92% | 9.91% | 13.33% | 19.40% | 28.98% | 35.81% | 19.58% | +625 bps | |
| Loan Growth (YoY) | 24.45% | 14.95% | 1.85% | 4.05% | 12.58% | 20.08% | 39.40% | 37.76% | +3,371 bps | |
| Deposit Growth (YoY) | 20.33% | 15.11% | 14.14% | 17.69% | 21.46% | 30.33% | 30.78% | 18.64% | +95 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.43% | 5.49% | 5.82% | +582 bps | |
| Net Charge-Offs / Loans | -0.12% | -0.32% | -0.16% | -0.10% | -0.08% | 0.81% | 0.59% | 0.39% | +49 bps | |
| Allowance / Loans | 1.68% | 1.74% | 1.73% | 1.66% | 1.69% | 1.61% | 1.71% | 1.78% | +12 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | 0.7x | 0.3x | 0.3x | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.85% | 12.22% | 12.26% | 11.46% | 10.79% | 11.52% | 10.49% | 11.15% | -31 bps | |
| Total Risk-Based Capital | 15.41% | 15.28% | 15.65% | 14.97% | 14.44% | 14.69% | 12.77% | 14.04% | -93 bps | |
| Equity / Assets | 12.11% | 11.94% | 11.95% | 11.08% | 10.87% | 10.86% | 9.66% | 11.50% | +42 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 89.44% | 88.28% | 84.49% | 80.58% | 82.90% | 81.34% | 90.06% | 93.56% | +1,299 bps | |
| Liquid Assets / Assets | 9.90% | 9.84% | 8.94% | 11.70% | 16.74% | 15.01% | 12.98% | 12.20% | +50 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |