Happy, TX · Cert 10359
FDIC · 61 branches
Q1 2022
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2022, the quarter ended March 31, 2022, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Happy, TX · Cert 10359
FDIC · 61 branches
Q1 2022
Market Position · Amarillo, TX · 2021 SOD (annual) · 20.2% share · #2 of 20 inst. · $2.1B of $10.2B
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 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.45% | 1.37% | 1.29% | 1.15% | 1.77% | 1.59% | 1.59% | 1.14% | -2 bps | |
| Return on Equity | 9.70% | 9.52% | 9.11% | 9.09% | 13.84% | 12.43% | 13.17% | 12.50% | +340 bps | |
| Net Interest Margin | 3.67% | 3.40% | 3.58% | 3.81% | 3.55% | 3.50% | 3.39% | 3.45% | -36 bps | |
| Efficiency Ratio | 61.35% | 60.74% | 61.01% | 61.45% | 59.02% | 59.91% | 57.49% | 62.17% | +72 bps | |
| Non-Interest Burden | 1.95% | 1.78% | 1.88% | 2.05% | 1.77% | 1.78% | 1.63% | 1.87% | -18 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 29.44% | 46.07% | 47.39% | 61.10% | 37.68% | 19.85% | 20.71% | 6.67% | -5,442 bps | |
| Loan Growth (YoY) | 24.18% | 43.00% | 33.13% | 30.66% | 15.06% | -3.28% | 3.38% | 5.21% | -2,545 bps | |
| Deposit Growth (YoY) | 21.04% | 54.49% | 55.18% | 69.02% | 52.93% | 20.82% | 26.32% | 11.04% | -5,798 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.61% | 1.44% | 1.55% | 1.25% | 0.70% | 0.68% | 0.78% | 0.68% | -57 bps | |
| Net Charge-Offs / Loans | 0.09% | 0.08% | 0.07% | 0.21% | 0.12% | 0.10% | 0.08% | -0.01% | -22 bps | |
| Allowance / Loans | 1.37% | 1.27% | 1.55% | 1.63% | 1.14% | 1.14% | 1.13% | 1.15% | -48 bps | |
| Allowance Coverage of NPLs | 0.9x | 0.9x | 1.0x | 1.3x | 1.6x | 1.7x | 1.4x | 1.7x | +0.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 12.88% | 10.34% | 11.31% | 11.01% | 10.71% | 10.85% | 7.97% | 8.07% | -294 bps | |
| Total Risk-Based Capital | 18.08% | 14.56% | 16.27% | 16.44% | 16.58% | 16.42% | 12.08% | 12.14% | -430 bps | |
| Equity / Assets | 13.99% | 13.05% | 13.48% | 11.94% | 12.94% | 12.74% | 9.75% | 8.42% | -352 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 86.16% | 80.37% | 74.00% | 63.63% | 64.83% | 64.34% | 60.56% | 60.29% | -334 bps | |
| Liquid Assets / Assets | 8.04% | 5.83% | 10.61% | 18.74% | 12.68% | 12.36% | 12.68% | 11.05% | -769 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |