DESERET FIRST
Charter #24708 · West Valley Cit, UT · >$1B
Public 5300 data · as of 2026Q1
What the numbers say
- Net worth ratio of 8.51% sits at the 10th percentile of structural peers — worth a closer look.
- Cost of funds of 2.23% sits at the 77th percentile of structural peers — worth a closer look.
- Net charge-off ratio of 0.24% ranks in the 18th percentile among structurally similar credit unions — a relative strength.
- Efficiency ratio of 71.77% ranks in the 25th percentile among structurally similar credit unions — a relative strength.
- On Total assets, the asset-size band puts this credit union at the 17th percentile but its structural peers at the 61st — a 44-point gap showing why the peer definition matters.
Headline ratios vs. peers
Two peer definitions side by side: the NCUA asset-size band, and Innorve's structural peers matched on loan mix, size, growth and geography.
| Metric | DESERET FIRST | Asset-tier percentile | Structural percentile |
|---|---|---|---|
| Total assets | $1.26B | 17th pct | 61th pct |
| Members | 87,493 | 34th pct | 72th pct |
| Net worth ratio | 8.51% | 7th pct | 10th pct |
| Return on average assets | 0.96% | 70th pct | 74th pct |
| Net interest margin | 3.40% | 54th pct | 39th pct |
| Cost of funds | 2.23% | 74th pct | 77th pct |
| Loan-to-share | 89.09% | 58th pct | 56th pct |
| Delinquency 60+ days | 0.70% | 59th pct | 54th pct |
| Net charge-off ratio | 0.24% | 18th pct | 18th pct |
| Loan growth YoY | -1.07% | 13th pct | 13th pct |
| Share growth YoY | 3.14% | 32th pct | 30th pct |
| Efficiency ratio | 71.77% | 47th pct | 25th pct |
structural peer set hash: a1ac929d0d06f1f12f2c564e6f90cf35… (reproducible)
Closest structural peers
This is the free public view
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Source: public NCUA 5300 Call Report data, cycle 2026Q1. Figures are computed deterministically by Innorve and may differ from figures the institution reports elsewhere. This page is informational and is not endorsed by the credit union or the NCUA.