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 (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.49% | 0.83% | 0.07% | 1.76% | 0.80% | 1.44% | 1.47% | 1.18% | -59 bps | |
| Return on Equity | 5.23% | 9.59% | 0.91% | 22.24% | 9.64% | 16.53% | 17.13% | 14.58% | -766 bps | |
| Net Interest Margin | 3.40% | 3.18% | 3.35% | 4.00% | 3.72% | 3.60% | 3.78% | 3.88% | -12 bps | |
| Efficiency Ratio | 82.00% | 53.56% | 51.84% | 46.82% | 65.34% | 52.17% | 53.15% | 60.41% | +1,359 bps | |
| Non-Interest Burden | 2.77% | 1.66% | 1.69% | 1.71% | 2.53% | 1.74% | 1.88% | 2.34% | +64 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.64% | 9.03% | 9.01% | 5.75% | -2.02% | -8.84% | -4.11% | 0.48% | -527 bps | |
| Loan Growth (YoY) | -3.06% | -6.80% | 0.70% | 8.10% | 8.09% | -0.40% | 2.66% | 1.37% | -673 bps | |
| Deposit Growth (YoY) | 9.48% | 10.75% | 11.60% | 2.16% | -7.29% | -9.69% | -10.09% | -3.10% | -525 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.70% | 1.76% | 1.40% | 1.21% | 0.36% | 0.36% | 0.26% | 0.25% | -96 bps | |
| Net Charge-Offs / Loans | 1.45% | -0.05% | 1.14% | -0.01% | 2.32% | -0.10% | 0.06% | -0.01% | 0 bps | |
| Allowance / Loans | 1.69% | 1.94% | 2.11% | 2.01% | 1.48% | 1.66% | 1.50% | 1.44% | -57 bps | |
| Allowance Coverage of NPLs | 1.0x | 1.1x | 1.5x | 1.7x | 4.1x | 4.6x | 5.8x | 5.8x | +4.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.97% | 8.61% | 8.25% | 9.53% | 9.50% | 10.04% | 9.46% | 9.33% | -20 bps | |
| Total Risk-Based Capital | 12.46% | 12.88% | 12.13% | 12.27% | 12.59% | 13.86% | 12.30% | 12.18% | -10 bps | |
| Equity / Assets | 9.00% | 8.28% | 7.73% | 8.14% | 8.50% | 8.97% | 8.15% | 8.03% | -12 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 78.70% | 71.80% | 79.47% | 90.73% | 91.76% | 79.19% | 90.74% | 94.91% | +419 bps | |
| Liquid Assets / Assets | 0.10% | 0.10% | 0.09% | 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 | n/a | n/a | n/a |