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State Bank of Delano

Delano, MN · Cert 10198

FDIC · 1 branch

Q2 2018

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: Q2 2018, the quarter ended June 30, 2018, 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

State Bank of Delano

Delano, MN · Cert 10198

FDIC · 1 branch

Q2 2018

$93.6MAssets
$39.5MLoans
$84.3MDeposits
$8.2MEquity
Loan mix
75%RE $26.7M20%C&I $7.1M5%Consumer $1.6MQ2 2017Q2 2018
Deposit mix
76%Interest-bearing $63.7M24%Noninterest $20.6MQ2 2017Q2 2018

NIM

3.00%Q2 ’163.15%Q2 ’173.15%Q2 ’18+5%0%

Non-interest income vs. expense

3.35%Q2 ’162.80%Q2 ’172.46%Q2 ’18+51%-9%

Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2018 SOD (annual) · 0.0% share · #84 of 149 inst. · $0.1B of $184.8B

Executive Summary

  • Earnings: ROA of 1.11%, up 18 bps year over year; NIM at 3.04%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 9.20%, up 44 bps from a year ago.
  • Funding: loans stand at 46.81% of deposits as of Q2 2018.

Financial Results

Return on Assets (YTD, annualized)

1.11%+18 bps YoY

Net Interest Margin (YTD, annualized)

3.04%0 bps YoY

Efficiency Ratio (YTD, annualized)

69.09%-611 bps YoY

Tier 1 Leverage Ratio

9.20%+44 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2017Q3 2017Q4 2017Q1 2018Q2 2018YoY ΔTrend
Earnings
Return on Assets0.92%0.98%1.13%0.99%1.11%+18 bps
Return on Equity11.09%11.80%13.48%11.43%12.75%+165 bps
Net Interest Margin3.04%2.99%2.94%3.02%3.04%0 bps
Efficiency Ratio75.20%73.94%74.04%71.63%69.09%-611 bps
Non-Interest Burden2.12%2.01%1.95%2.02%1.94%-18 bps
Growth
Asset Growth (YoY)3.37%5.62%5.98%5.27%7.54%+417 bps
Loan Growth (YoY)1.97%0.76%-1.19%-3.04%2.58%+61 bps
Deposit Growth (YoY)2.93%5.73%5.44%4.93%7.51%+458 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.02%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%-0.20%0.00%0.00%0 bps
Allowance / Loans1.43%1.43%1.40%1.43%1.33%-10 bps
Allowance Coverage of NPLsn/a78.6xn/an/an/an/an/a
Capital
Tier 1 Leverage Ratio8.76%8.61%8.82%9.16%9.20%+44 bps
Total Risk-Based Capital16.74%17.03%18.17%19.32%18.94%+220 bps
Equity / Assets8.57%8.38%8.64%8.65%8.72%+15 bps
Liquidity & Funding
Loans / Deposits49.06%47.50%46.46%44.81%46.81%-225 bps
Liquid Assets / Assets27.27%32.40%36.10%39.82%40.87%+1,360 bps
CRE / Total Capitaln/an/an/an/an/an/an/a