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 (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 | 21.88% | 20.76% | 21.50% | 23.76% | 29.09% | 31.51% | 38.77% | 37.85% | +1,409 bps | |
| Return on Equity | 35.65% | 33.55% | 33.82% | 37.64% | 46.25% | 51.08% | 63.00% | 59.97% | +2,233 bps | |
| Net Interest Margin | 13.58% | 13.23% | 15.54% | 15.94% | 18.35% | 18.93% | 34.83% | 34.70% | +1,876 bps | |
| Efficiency Ratio | 35.31% | 35.53% | 33.67% | 30.67% | 26.91% | 22.58% | 14.59% | 15.44% | -1,523 bps | |
| Non-Interest Burden | -17.22% | -15.12% | -16.48% | -17.42% | -17.73% | -16.84% | -24.68% | -22.29% | -487 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 | 7.13% | 5.38% | 3.67% | 4.05% | 3.09% | 3.37% | 12.83% | 12.31% | +826 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 | |