Farmington, UT · Charter 66850
Q1 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2005, the quarter ended March 31, 2005, 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.
Farmington, UT · Charter 66850
Q1 2005
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.13% | 0.34% | 0.50% | -0.27% | 0.32% | 0.50% | 0.49% | 0.63% | +90 bps | |
| Return on Equity | 1.38% | 3.60% | 5.11% | -2.76% | 3.28% | 5.04% | 5.09% | 6.73% | +949 bps | |
| Net Interest Margin | 3.43% | 3.51% | 3.60% | 3.81% | 3.71% | 3.72% | 3.57% | 3.39% | -42 bps | |
| Efficiency Ratio | 80.69% | 78.70% | 77.39% | 78.07% | 74.51% | 74.81% | 76.95% | 77.61% | -46 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 9.14% | 10.67% | 9.56% | 3.51% | 2.43% | 1.04% | 5.28% | 11.51% | +801 bps | |
| Loan Growth (YoY) | 8.33% | 12.78% | 17.64% | 18.06% | 15.51% | 10.00% | 7.15% | 5.78% | -1,228 bps | |
| Share Growth (YoY) | 9.62% | 10.75% | 7.34% | 3.61% | 1.97% | 0.84% | 8.93% | 11.93% | +832 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 1.33% | 1.29% | 1.34% | 1.04% | 1.00% | 1.10% | 1.26% | 1.12% | +7 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.97% | 1.02% | 0.87% | 0.94% | 0.94% | 1.00% | 0.89% | 0.87% | -6 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 9.50% | 9.52% | 9.75% | 9.77% | 9.87% | 9.90% | 9.62% | 9.32% | -45 bps | |
| Net Worth / Assets | 9.50% | 9.52% | 9.75% | 9.77% | 9.87% | 9.90% | 9.62% | 9.32% | -45 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 67.25% | 70.26% | 77.38% | 75.00% | 76.17% | 76.64% | 76.11% | 70.88% | -412 bps | |
| Liquid Assets / Assets | 14.08% | 14.69% | 6.62% | 14.99% | 14.35% | 12.05% | 18.16% | 19.53% | +454 bps | |