Kerkhoven, MN · Cert 10176
FDIC · 2 branches
Q4 2023
Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2023 SOD (annual) · 0.0% share · #117 of 137 inst. · $0.1B of $237.6B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -0.59% | 0.53% | 0.73% | 1.22% | 1.14% | +174 bps | |
| Return on Equity | -3.49% | 3.18% | 4.40% | 7.47% | 6.97% | +1,046 bps | |
| Net Interest Margin | 4.27% | 4.05% | 4.10% | 4.15% | 4.40% | +13 bps | |
| Efficiency Ratio | 79.03% | 78.77% | 67.95% | 57.56% | 57.79% | -2,124 bps | |
| Non-Interest Burden | 3.09% | 2.96% | 2.45% | 2.19% | 2.35% | -74 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -11.63% | -6.65% | 11.86% | 14.02% | 11.08% | +2,271 bps | |
| Loan Growth (YoY) | 22.69% | 26.29% | 28.23% | 25.15% | 18.50% | -418 bps | |
| Deposit Growth (YoY) | -24.46% | -22.77% | -10.91% | 4.02% | 12.62% | +3,708 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.05% | 0.03% | 0.03% | 0.00% | 0.00% | -5 bps | |
| Net Charge-Offs / Loans | 0.00% | -0.01% | 0.01% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.37% | 0.41% | 0.47% | 0.47% | 0.48% | +10 bps | |
| Allowance Coverage of NPLs | 7.5x | 14.1x | 17.6x | n/a | n/a | n/a | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 9.15% | 9.42% | 9.25% | 9.21% | 9.40% | +25 bps | |
| Total Risk-Based Capital | 10.22% | 11.41% | 11.08% | 10.95% | 11.49% | +126 bps | |
| Equity / Assets | 16.54% | 16.84% | 16.17% | 16.37% | 16.48% | -6 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 108.75% | 113.89% | 119.03% | 112.96% | 114.43% | +568 bps | |
| Liquid Assets / Assets | 0.45% | 0.45% | 0.43% | 0.50% | 0.18% | -28 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |