Leeds, ND · Cert 10249
FDIC · 4 branches
Q3 2023
Market Position · Minot, ND · 2023 SOD (annual) · 8.1% share · #4 of 14 inst. · $0.3B of $3.5B
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 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.89% | 0.86% | 1.44% | 1.45% | 1.36% | +47 bps | |
| Return on Equity | 10.68% | 10.38% | 16.53% | 17.00% | 16.14% | +546 bps | |
| Net Interest Margin | 3.71% | 3.64% | 3.60% | 3.72% | 3.66% | -5 bps | |
| Efficiency Ratio | 50.51% | 53.94% | 52.17% | 52.66% | 55.27% | +476 bps | |
| Non-Interest Burden | 1.79% | 1.94% | 1.74% | 1.82% | 1.94% | +15 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 5.75% | -2.02% | -8.84% | -4.11% | 0.48% | -527 bps | |
| Loan Growth (YoY) | 8.10% | 8.09% | -0.40% | 2.66% | 1.37% | -673 bps | |
| Deposit Growth (YoY) | 2.16% | -7.29% | -9.69% | -10.09% | -3.10% | -525 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 1.21% | 0.36% | 0.36% | 0.26% | 0.25% | -96 bps | |
| Net Charge-Offs / Loans | 0.34% | 0.84% | -0.10% | -0.01% | -0.01% | -36 bps | |
| Allowance / Loans | 2.01% | 1.48% | 1.66% | 1.50% | 1.44% | -57 bps | |
| Allowance Coverage of NPLs | 1.7x | 4.1x | 4.6x | 5.8x | 5.8x | +4.1x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 9.53% | 9.50% | 10.04% | 9.46% | 9.33% | -20 bps | |
| Total Risk-Based Capital | 12.27% | 12.59% | 13.86% | 12.30% | 12.18% | -10 bps | |
| Equity / Assets | 8.14% | 8.50% | 8.97% | 8.15% | 8.03% | -12 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 90.73% | 91.76% | 79.19% | 90.74% | 94.91% | +419 bps | |
| Liquid Assets / Assets | 0.08% | 0.05% | 0.11% | 0.09% | 0.01% | -7 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |