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Square Financial Services, Inc.

$1B-$10B Specialty: Other UT FDIC cert 59177

Salt Lake City, UT

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

  • 1 of 885 banks in the $1B-$10B peer group nationwide — 1 of 16 in UT.
  • Deposits +50.8% year over year ($559.3M on the books).
  • Delinquency rate 0.72%.
  • Return on assets 37.85%.
  • Efficiency ratio 15.44% vs a 59.73% peer average.
  • Loan-to-deposit ratio 230.03% vs a 85.04% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

885 banks in the $1B-$10B peer group nationally 16 in UT
View $1B-$10B leaderboard (UT) →

Square Financial Services, Inc. has 5 strengths but faces 1 concern

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.
Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

  • + Profitability Leader: Top 4.5% in tier
  • + Revenue Diversifier: Top 7.7% in tier
  • + Net Interest Margin 38.86% above tier average
  • + Efficiency Ratio 44.29% below tier average
  • + Delinquency Rate 0.14% below tier average

Key Concerns

Areas that may need attention

  • - Liquidity Overhang: Bottom 0.6% in tier
Get updates when Square Financial Services, Inc. releases new data →

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (UT) National Avg Tier Percentile
Total Assets ? $2.1B
+77.9% YoY +14.0% QoQ
-$736.1M $2.8B
-0.6% YoY
$31.1B
+21.2% YoY
$6.3B
+7.7% YoY
51%
Total Loans ? $1.3B
+117.2% YoY +21.9% QoQ
-$676.5M $2.0B
-0.3% YoY
$18.5B
+10.6% YoY
$3.2B
+9.4% YoY
47%
Total Deposits ? $559.3M
+50.8% YoY +12.8% QoQ
-$1.8B $2.3B
-0.5% YoY
$23.9B
+15.2% YoY
$4.9B
+7.3% YoY
Bottom 0.2% in tier
Return on Assets ? 37.85%
+59.3% YoY -2.4% QoQ
+36.46% 1.39%
+17.0% YoY
2.15%
+9.7% YoY
1.30%
+12.1% YoY
Top 0.1% in tier
Net Interest Margin ? 42.73%
+138.1% YoY +2.3% QoQ
+38.86% 3.87%
+6.2% YoY
7.81%
+8.6% YoY
3.95%
+4.9% YoY
Top 0.1% in tier
Efficiency Ratio ? 15.44%
-49.6% YoY +5.9% QoQ
-44.29% 59.73%
-12.6% YoY
105.46%
+37.7% YoY
70.05%
+2.5% YoY
Top 0.5% in tier
Delinquency Rate ? 0.72%
-44.0% YoY -30.6% QoQ
-0.14% 0.87%
+11.7% YoY
1.38%
+2.5% YoY
0.98%
+16.3% YoY
38%
Loan-to-Deposit Ratio ? 230.03%
+44.1% YoY +8.1% QoQ
+145.00% 85.04%
-0.1% YoY
83.52%
+2.9% YoY
79.03%
+2.3% YoY
Bottom 0.2% in tier
Non-Interest-Bearing Deposit Share ? 16.33%
+96.9% YoY -7.7% QoQ
-4.95% 21.27%
-1.5% YoY
17.78%
-2.6% YoY
21.98%
-0.6% YoY
32%
Nonperforming Asset Ratio ? 0.45%
-31.6% YoY -25.8% QoQ
-0.22% 0.67%
+11.7% YoY
0.92%
+4.0% YoY
0.69%
+15.8% YoY
47%
Tier 1 Capital Ratio ? 95.99%
-10.7% YoY -3.9% QoQ
+81.14% 14.84%
-0.4% YoY
21.39%
+2.0% YoY
17.09%
+0.8% YoY
Top 0.2% in tier
Non-Interest Income / Assets ? 16.51%
+8.3% YoY +81.1% QoQ
+15.98% 0.53%
+2.5% YoY
2.21%
+5.7% YoY
0.66%
+5.2% YoY
Top 0.2% in tier

Additional Detail

Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2

Deposit Composition

% of total deposits

Metric Current vs Tier Tier Avg State Avg (UT) National Avg Tier Percentile
Noninterest-Bearing 16.3%
+8.0pp YoY
-1.4pp QoQ
 -5.0pp 21.4% 20.1% 22.2% 32%
Brokered Deposits n/a n/a 9.5% 28.6% 8.5% n/a

Loan Composition

% of total loans & leases

Metric Current vs Tier Tier Avg State Avg (UT) National Avg Tier Percentile
C&I 36.7%
-35.6pp YoY
-4.4pp QoQ
 +22.7pp 14.0% 25.0% 12.5% 94%
CRE n/a n/a 50.0% 44.1% 41.4% n/a
1-4 Family n/a n/a 26.4% 13.8% 31.3% n/a
Consumer 71.3%
+39.1pp YoY
+4.8pp QoQ
 +66.6pp 4.7% 45.8% 5.0% 99%

Capital

Metric Current vs Tier Tier Avg State Avg (UT) National Avg Tier Percentile
CET1 Ratio 96.0%
-11.5pp YoY
-3.9pp QoQ
 +80.4pp 15.6% 25.0% 19.7% 100%
Leverage Ratio 65.2%
+2.8pp YoY
+3.6pp QoQ
 +53.9pp 11.3% 15.7% 12.6% 100%
Total Capital Ratio 97.3%
-11.4pp YoY
-3.8pp QoQ
 +80.6pp 16.7% 26.3% 20.8% 100%

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (UT) National Avg Tier Percentile
Full-Time Employees 181
-2 (-1.1%) YoY
-10 (-5.2%) QoQ
 -133 313 1,029 482 34%
Assets per Employee ($) $11.4M
+79.9% YoY
+20.3% QoQ
 +$884K $10.5M $39.6M $8.8M 75%
Branch Count 1
0 YoY
0 QoQ
 -19 20 13 18 0%

Asset Quality

Metric Current vs Tier Tier Avg State Avg (UT) National Avg Tier Percentile
Past Due 90+ Days n/a n/a 0.2% 0.6% 0.4% n/a
Nonaccrual 0.7%
-0.6pp YoY
-0.3pp QoQ
 -0.1pp 0.8% 1.2% 1.0% 63%
Allowance Coverage 11.38x
+199.1% YoY
+50.6% QoQ
 -7.33x 18.71x 7.86x 20.23x 90%
Net Charge-off Rate (YTD) 14.7%
+9.8pp YoY
+0.9pp QoQ
 +14.4pp 0.3% 3.6% 0.2% 100%

Profitability

Metric Current vs Tier Tier Avg State Avg (UT) National Avg Tier Percentile
ROE 60.0%
+22.3pp YoY
-3.0pp QoQ
 +47.4pp 12.6% 15.9% 11.6% 100%
Cost of Funds (YTD) 0.3%
-0.2pp YoY
0.0pp QoQ
 -1.6pp 1.9% 2.3% 1.7% 1%
Net Income ($, YTD) $350.5M
+185.1% YoY
— QoQ
 +$331.2M $19.2M $307.8M $40.4M 100%

Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).
Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (2)

Profitability Leader

growth
#11 of 222 • Top 4.5% in tier

Top-quartile profitability for peers of this size. Strong fundamentals and operational efficiency.

Why this signature
Return on Assets: 37.85%
(Tier: 1.39%, National: 1.30%)
better than tier avg
222 of 222 Mid-Market banks match · 923 nationally
→ Stable | QoQ rank declining

Revenue Diversifier

growth
#18 of 222 • Top 7.7% in tier

Top-quartile non-interest income relative to assets. Revenue less dependent on spread - more resilient to rate cycles.

Why this signature
Noninterest Income / Assets: 16.51%
(Tier: 0.53%, National: 0.66%)
better than tier avg
Return on Assets: 37.85%
(Tier: 1.39%, National: 1.30%)
better than tier avg
222 of 222 Mid-Market banks match · 923 nationally
→ Stable | QoQ rank declining

Concerns (1)

Liquidity Overhang

risk
#2 of 172 • Bottom 0.6% in tier

Exceptional capital position (Tier 1 >= 16%, top quartile). Strong fundamentals - opportunity to deploy capital more productively.

Why this signature
Tier 1 Capital Ratio: 95.99%
(Tier: 14.84%, National: 17.09%)
better than tier avg
Loan-to-Deposit Ratio: 230.03%
(Tier: 85.04%, National: 79.03%)
worse than tier avg
172 of 172 Mid-Market banks match · 940 nationally
→ Stable +7 banks QoQ

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).
Concerns are metrics in the bottom 25% (25th percentile or lower).
Comparing against 885 peers in $1B-$10B

Top Strengths (5 metrics)

1
Return on Assets
profitability
Value: 37.85%
Peer Median: 1.39%
#1 of 885 Top 0.1% in $1B-$10B
1
Net Interest Margin
profitability
Value: 42.73%
Peer Median: 3.87%
#1 of 885 Top 0.1% in $1B-$10B
3
Tier 1 Capital Ratio
capital
Value: 95.99%
Peer Median: 14.84%
#3 of 885 Top 0.2% in $1B-$10B
3
Non-Interest Income / Assets
revenue_mix
Value: 16.51%
Peer Median: 0.53%
#3 of 885 Top 0.2% in $1B-$10B
5
Efficiency Ratio
profitability
Value: 15.44%
Peer Median: 59.73%
#5 of 885 Top 0.5% in $1B-$10B

Top Weaknesses (2 metrics)

884
Loan-to-Deposit Ratio
liquidity
Value: 230.03%
Peer Median: 85.04%
#884 of 885 Bottom 0.2% in $1B-$10B
884
Total Deposits
size
Value: $559.35M
Peer Median: $2.32B
#884 of 885 Bottom 0.2% in $1B-$10B
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