West Branch, IA · Cert 10114
FDIC · 4 branches
Q3 2019
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2019, the quarter ended September 30, 2019, 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.
West Branch, IA · Cert 10114
FDIC · 4 branches
Q3 2019
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 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | Q4 2018 | Q1 2019 | Q2 2019 | Q3 2019 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.00% | 1.02% | 1.04% | 1.05% | 1.15% | 0.90% | 0.93% | 0.98% | -7 bps | |
| Return on Equity | 10.58% | 11.15% | 11.12% | 11.20% | 12.71% | 11.89% | 11.70% | 12.03% | +83 bps | |
| Net Interest Margin | 2.70% | 2.76% | 2.69% | 2.81% | 2.79% | 2.66% | 2.60% | 2.77% | -4 bps | |
| Efficiency Ratio | 62.92% | 63.20% | 63.37% | 63.31% | 63.03% | 66.98% | 66.32% | 64.98% | +167 bps | |
| Non-Interest Burden | 1.47% | 1.51% | 1.48% | 1.54% | 1.52% | 1.59% | 1.52% | 1.58% | +3 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.16% | 2.50% | -1.61% | -0.70% | -2.92% | 1.66% | -1.36% | -0.72% | -2 bps | |
| Loan Growth (YoY) | 4.44% | 3.71% | 2.35% | 7.04% | 5.79% | 5.54% | 5.90% | 7.36% | +31 bps | |
| Deposit Growth (YoY) | 2.15% | 3.08% | -0.56% | 1.94% | -3.24% | -1.79% | -0.24% | 0.04% | -189 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.52% | 0.03% | 0.02% | 0.02% | 0.02% | 0.02% | 1.66% | 1.58% | +156 bps | |
| Net Charge-Offs / Loans | 0.07% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.13% | 1.12% | 1.12% | 1.10% | 1.07% | 1.06% | 1.06% | 1.02% | -8 bps | |
| Allowance Coverage of NPLs | 2.2x | 36.9x | 48.2x | 52.2x | 52.2x | 48.2x | 0.6x | 0.6x | -51.5x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.81% | 10.03% | 10.02% | 10.49% | 8.24% | 8.19% | 8.19% | 8.74% | -175 bps | |
| Total Risk-Based Capital | 17.16% | 16.91% | 17.84% | 17.52% | 14.02% | 13.62% | 13.78% | 13.53% | -399 bps | |
| Equity / Assets | 9.52% | 8.85% | 9.67% | 9.35% | 7.66% | 7.52% | 8.63% | 8.69% | -67 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 51.05% | 49.28% | 52.72% | 53.37% | 55.81% | 52.96% | 55.96% | 57.27% | +390 bps | |
| Liquid Assets / Assets | 9.38% | 13.35% | 9.85% | 9.39% | 8.77% | 12.88% | 8.60% | 11.13% | +174 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |