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Prior Lake State Bank

Prior Lake, MN · Cert 10166

FDIC · 3 branches

Q3 2014

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2014, the quarter ended September 30, 2014, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Prior Lake State Bank

Prior Lake, MN · Cert 10166

FDIC · 3 branches

Q3 2014

$209.8MAssets
$109.0MLoans
$183.6MDeposits
$26.0MEquity
Loan mix
54%RE $38.2M44%C&I $31.1M2%Consumer $1.5MQ3 2013Q3 2014
Deposit mix
92%Interest-bearing $169.6M8%Noninterest $13.9MQ3 2013Q3 2014

NIM

3.44%Q3 ’123.25%Q3 ’131.46%Q3 ’14-3%-55%

Non-interest income vs. expense

1.71%Q3 ’121.58%Q3 ’130.81%Q3 ’14-9%-44%

Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2014 SOD (annual) · 0.1% share · #44 of 159 inst. · $0.2B of $212.7B

Executive Summary

  • Earnings: ROA of 0.59%, down 125 bps year over year; NIM at 1.36%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.03%.
  • Funding: loans stand at 59.39% of deposits as of Q3 2014.

Financial Results

Return on Assets (YTD, annualized)

0.59%-125 bps YoY

Net Interest Margin (YTD, annualized)

1.36%-164 bps YoY

Efficiency Ratio (YTD, annualized)

53.13%+701 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2013Q4 2013Q1 2014Q2 2014Q3 2014YoY ΔTrend
Earnings
Return on Assets1.85%1.82%1.70%0.21%0.59%-125 bps
Return on Equity13.87%13.61%12.51%1.57%4.61%-927 bps
Net Interest Margin3.00%2.94%2.84%0.45%1.36%-164 bps
Efficiency Ratio46.12%51.97%46.92%60.15%53.13%+701 bps
Non-Interest Burden1.16%1.40%1.15%0.24%0.65%-51 bps
Growth
Asset Growth (YoY)2.14%0.20%5.00%8.27%3.69%+155 bps
Loan Growth (YoY)9.86%9.13%5.46%0.95%-0.77%-1,063 bps
Deposit Growth (YoY)1.84%-0.30%4.61%10.31%5.19%+336 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.03%-0.03%-0.13%-0.01%-0.03%0 bps
Allowance / Loans2.03%1.54%1.61%0.01%0.02%-200 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital22.21%21.24%23.11%15.56%15.53%-668 bps
Equity / Assets13.46%13.43%13.68%12.12%12.37%-109 bps
Liquidity & Funding
Loans / Deposits62.95%63.29%61.09%58.71%59.39%-357 bps
Liquid Assets / Assets0.54%1.13%1.12%0.94%0.76%+22 bps
CRE / Total Capitaln/an/an/an/an/an/an/a