Happen Bank, National Association
Total assets
$12.48B
▲ +17.0% YoY
Deposits
$10.85B
▲ +17.2% YoY
Loans
$6.85B
▲ +18.7% YoY
Offices
2
HAPPEN INC
ROA (annualized)
1.82%
peers 1.23%
ROE (annualized)
15.94%
peers 11.23%
Peer comparison 160 banks with 10B+ in assets
| Metric | This bank | Peer median | Δ |
|---|---|---|---|
| Asset growth (YoY) | +17.0% | +5.9% | +11.2 pts |
| Deposit growth (YoY) | +17.2% | +5.7% | +11.5 pts |
| Loan growth (YoY) | +18.7% | +6.9% | +11.8 pts |
| ROA | 1.82% | 1.23% | +0.6 pts |
| ROE | 15.9% | 11.2% | +4.7 pts |
ROA ranks in the 87th percentile of its peer group · Q2 2026
Profile
- Established
- 1987
- Charter
- OCC
- Primary regulator
- OCC
- Holding company
- HAPPEN INC
- Specialization
- Consumer Lending Specialization
- Address
- 2701 N Thanksgiving Way, Lehi, UT, 84043
- County
- Utah
- Metro area
- Provo-Orem, UT
- Offices
- 2
- FDIC cert #
- 32551
- RSSD ID
- 264772
- Latest call report
- Q2 2026
Total assets last 8 quarters
Deposits last 8 quarters
Quarterly financials FDIC call report
| Quarter | Assets | Deposits | Loans | Equity | Net income YTD | ROA | NIM | Nonperforming |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $12.48B | $10.85B | $6.85B | $1.43B | $108.8M | 1.82% | 6.30% | 0.46% |
| Q1 2026 | $11.85B | $10.28B | $6.54B | $1.36B | $51.0M | 1.75% | 6.40% | 0.51% |
| Q4 2025 | $11.47B | $9.95B | $6.23B | $1.31B | $131.7M | 1.22% | 6.14% | 0.54% |
| Q3 2025 | $10.97B | $9.52B | $5.79B | $1.25B | $92.8M | 1.17% | 6.15% | 0.52% |
| Q2 2025 | $10.66B | $9.26B | $5.77B | $1.20B | $49.5M | 0.94% | 6.13% | 0.55% |
| Q1 2025 | $10.34B | $9.02B | $5.49B | $1.15B | $12.0M | 0.46% | 6.07% | 0.60% |
| Q4 2024 | $10.47B | $9.12B | $5.55B | $1.17B | $47.7M | 0.49% | 5.81% | 0.74% |
| Q3 2024 | $10.85B | $9.53B | $6.02B | $1.14B | $38.0M | 0.53% | 5.79% | 0.65% |
Loan mix (Q2 2026): real estate $646.3M · commercial $164.8M · consumer $6.20B · securities $4.04B
Ratio pack Q2 2026 · peer medians from 160 institutions
Profitability
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Return on assets Annualized net income ÷ assets | 1.82% | 1.23% | 87th | |
Return on equity Annualized net income ÷ equity or net worth | 15.9% | 11.3% | 80th | |
Net interest margin Interest income − interest expense, ÷ assets | 6.30% | 3.55% | 94th | |
Efficiency ratio Operating expense ÷ revenue — lower is leaner | 74.1% | 54.9% | 96th | |
Non-interest income share Fees and other income as a share of total revenue | 00.0% | 00.0% | ||
Cost of funds Annualized interest expense ÷ deposits | 00.0% | 00.0% |
Balance sheet
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Loan-to-deposit Loans ÷ deposits (shares). Above ~90% needs funding; below ~60% needs loan demand | 00.0% | 00.0% | ||
Loans-to-assets How much of the balance sheet is lent out | 00.0% | 00.0% | ||
Securities-to-assets Investment portfolio as a share of assets | 00.0% | 00.0% | ||
Cash-to-assets On-balance-sheet liquidity | 00.0% | 00.0% |
Capital
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Capital ratio Tier 1 capital (banks) or net worth (CUs) ÷ assets. NCUA well-capitalized line: 7% | 00.0% | 00.0% |
Credit quality
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Nonperforming / delinquency Banks: nonperforming assets ÷ assets. CUs: 60+ day delinquent loans ÷ loans | 00.0% | 00.0% | ||
Net charge-off rate Annualized charge-offs net of recoveries ÷ loans | 00.0% | 00.0% | ||
CRE concentration Commercial real estate loans ÷ capital. Regulators flag banks above 300% | 00.0% | 00.0% |
Franchise
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Assets per office Branch efficiency; high numbers usually mean digital-first | 00.0% | 00.0% |
11 more ratios, with trends and peer percentiles.
See Pro plan →The full ratio pack is part of CharterBench Pro.
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