Salt Lake City, UT · Cert 59177
State charter, non-member · FDIC · 1 branch
Q2 2026
Market Position · Salt Lake City-Murray, UT · 2026 SOD (annual) · 0.0% share · #27 of 57 inst. · $0.6B of $1175.7B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 20.31% | 17.73% | 21.50% | 25.98% | 38.33% | 37.94% | 38.77% | 37.48% | +1,150 bps | |
| Return on Equity | 32.88% | 28.21% | 33.82% | 41.27% | 61.45% | 62.98% | 63.00% | 57.54% | +1,627 bps | |
| Net Interest Margin | 14.51% | 16.01% | 15.54% | 18.21% | 27.36% | 33.30% | 34.83% | 37.74% | +1,953 bps | |
| Efficiency Ratio | 35.14% | 36.16% | 33.67% | 28.29% | 22.03% | 15.59% | 14.59% | 16.20% | -1,210 bps | |
| Non-Interest Burden | -16.54% | -13.70% | -16.48% | -20.37% | -22.90% | -26.38% | -24.68% | -22.15% | -178 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 38.85% | 37.39% | 37.84% | 41.69% | 53.54% | 81.96% | 77.47% | 77.91% | +3,622 bps | |
| Loan Growth (YoY) | 20.79% | 46.67% | 56.58% | 106.14% | 141.95% | 122.08% | 134.98% | 124.06% | +1,792 bps | |
| Deposit Growth (YoY) | 26.45% | 39.20% | 44.01% | 44.96% | 44.35% | 66.03% | 50.11% | 50.77% | +581 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.89% | 1.37% | 1.94% | 1.23% | 1.20% | 1.16% | 0.97% | 0.67% | -56 bps | |
| Net Charge-Offs / Loans | 6.17% | 5.52% | 3.67% | 5.24% | 2.94% | 5.95% | 12.83% | 14.14% | +890 bps | |
| Allowance / Loans | 5.49% | 5.26% | 5.47% | 4.68% | 4.93% | 6.80% | 7.30% | 7.61% | +293 bps | |
| Allowance Coverage of NPLs | 2.9x | 3.9x | 2.8x | 3.8x | 4.1x | 5.8x | 7.6x | 11.4x | +7.6x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 66.20% | 64.75% | 67.20% | 65.84% | 67.03% | 60.58% | 61.54% | 65.19% | -65 bps | |
| Total Risk-Based Capital | 155.64% | 125.80% | 122.51% | 108.74% | 100.57% | 96.42% | 101.16% | 97.31% | -1,142 bps | |
| Equity / Assets | 62.12% | 63.55% | 63.63% | 62.35% | 62.39% | 58.51% | 64.39% | 65.80% | +345 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 112.89% | 147.51% | 146.70% | 167.53% | 189.21% | 197.31% | 230% | 249% | +8,144 bps | |
| Liquid Assets / Assets | 60.42% | 49.97% | 48.23% | 41.55% | 36.61% | 32.24% | 34.52% | 29.90% | -1,164 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 0.00% | 0.00% | 0.00% | n/a | n/a | |