PackageTrendsPeer
Letter portraitLegal landscape

Western Bank

Saint Paul, MN · Cert 10203

FDIC · 5 branches

Q2 2015

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 2015, the quarter ended June 30, 2015, 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

Western Bank

Saint Paul, MN · Cert 10203

FDIC · 5 branches

Q2 2015

$525.7MAssets
$254.9MLoans
$421.8MDeposits
$60.6MEquity
Loan mix
66%RE $136.5M32%C&I $66.3M2%Consumer $5.0MQ2 2014Q2 2015
Deposit mix
61%Interest-bearing $258.9M39%Noninterest $162.9MQ2 2014Q2 2015

NIM

4.01%Q2 ’133.69%Q2 ’143.15%Q2 ’15-8%-15%

Non-interest income vs. expense

3.15%Q2 ’132.93%Q2 ’142.35%Q2 ’15-7%-21%

Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2015 SOD (annual) · 0.2% share · #17 of 154 inst. · $0.4B of $171.1B

0.7% Ramsey
1.6% Washington
0.0% Hennepin

Executive Summary

  • Earnings: ROA of 0.88%, up 15 bps year over year; NIM at 3.02%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.04%.
  • Capital: tier 1 leverage ratio of 10.98%.
  • Funding: loans stand at 60.43% of deposits as of Q2 2015.

Financial Results

Return on Assets (YTD, annualized)

0.88%+15 bps YoY

Net Interest Margin (YTD, annualized)

3.02%-55 bps YoY

Efficiency Ratio (YTD, annualized)

65.77%-381 bps YoY

Tier 1 Leverage Ratio

10.98%

Year to date, annualized, through each quarter.

MetricQ2 2014Q3 2014Q4 2014Q1 2015Q2 2015YoY ΔTrend
Earnings
Return on Assets0.73%0.96%1.01%0.99%0.88%+15 bps
Return on Equity5.82%7.88%8.46%8.82%7.72%+190 bps
Net Interest Margin3.57%3.48%3.35%2.99%3.02%-55 bps
Efficiency Ratio69.59%65.67%64.23%65.19%65.77%-381 bps
Non-Interest Burden2.63%2.41%2.27%2.03%2.07%-56 bps
Growth
Asset Growth (YoY)18.44%20.17%23.48%15.34%1.05%-1,739 bps
Loan Growth (YoY)1.00%2.36%-2.80%1.34%2.81%+181 bps
Deposit Growth (YoY)4.05%1.42%7.70%10.61%11.37%+732 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.03%0.01%0.01%0.08%0.04%+6 bps
Allowance / Loans0.92%0.96%1.20%1.16%1.23%+30 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/a11.25%10.98%n/a
Total Risk-Based Capital18.44%17.89%19.12%19.44%17.65%-79 bps
Equity / Assets11.45%11.10%11.36%11.20%11.53%+8 bps
Liquidity & Funding
Loans / Deposits65.46%63.39%62.07%58.90%60.43%-503 bps
Liquid Assets / Assets13.80%13.62%18.72%22.96%16.31%+251 bps
CRE / Total Capitaln/an/an/an/an/an/an/a