Ogema, MN · Cert 10568
FDIC · 2 branches
Q2 2024
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2024, the quarter ended June 30, 2024, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
Banks under $1B in assets in the Minneapolis-St. Paul-Bloomington, MN-WI area (n=59). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
93
Asset Quality
27
Profitability
93
Liquidity
2
Efficiency
97
Growth
No peer data yet
Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.
Ogema, MN · Cert 10568
FDIC · 2 branches
Q2 2024
Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2024 SOD (annual) · 0.0% share · #95 of 132 inst. · $0.1B of $248.4B
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 | Q4 2023 | Q1 2024 | Q2 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.37% | 0.38% | 0.43% | 0.34% | 0.44% | -0.12% | 0.68% | 3.64% | +330 bps | |
| Return on Equity | 4.00% | 4.14% | 4.65% | 3.68% | 4.78% | -1.35% | 7.48% | 35.88% | +3,220 bps | |
| Net Interest Margin | 2.77% | 2.93% | 2.73% | 2.83% | 2.91% | 2.99% | 3.16% | 3.68% | +86 bps | |
| Efficiency Ratio | 78.32% | 79.15% | 79.57% | 83.96% | 79.70% | 105.85% | 71.29% | 34.81% | -4,915 bps | |
| Non-Interest Burden | 2.22% | 2.33% | 2.09% | 2.29% | 2.23% | 3.11% | 2.14% | -1.54% | -383 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -6.77% | -8.23% | -7.75% | -1.78% | -4.50% | -1.74% | 1.54% | -13.75% | -1,197 bps | |
| Loan Growth (YoY) | 3.46% | 1.45% | 3.74% | 5.77% | 5.76% | 4.91% | 4.97% | -25.58% | -3,135 bps | |
| Deposit Growth (YoY) | -7.34% | -8.66% | -8.14% | -2.02% | -3.29% | -1.13% | 1.79% | -17.50% | -1,547 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.21% | 0.16% | 3.21% | 2.25% | 2.15% | 2.39% | 1.88% | 2.39% | +14 bps | |
| Net Charge-Offs / Loans | 0.07% | 0.05% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | +1 bps | |
| Allowance / Loans | 1.41% | 1.42% | 1.44% | 1.40% | 1.37% | 1.40% | 1.42% | 1.93% | +53 bps | |
| Allowance Coverage of NPLs | 6.8x | 8.7x | 0.5x | 0.6x | 0.6x | 0.6x | 0.8x | 0.8x | +0.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.56% | 9.78% | 9.71% | 10.03% | 10.13% | 9.24% | 9.21% | 11.39% | +136 bps | |
| Total Risk-Based Capital | 15.19% | 15.05% | 15.24% | 15.00% | 15.57% | 14.17% | 14.94% | 21.65% | +665 bps | |
| Equity / Assets | 8.55% | 8.83% | 9.50% | 9.30% | 9.51% | 9.06% | 9.18% | 12.47% | +318 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 59.49% | 59.17% | 60.40% | 61.17% | 65.06% | 62.78% | 62.28% | 55.18% | -599 bps | |
| Liquid Assets / Assets | 7.58% | 7.18% | 9.18% | 10.01% | 5.40% | 3.60% | 10.20% | 11.57% | +156 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Ogema, MN · Cert 10568 · Peer group: banks under $1B in assets in the Minneapolis-St. Paul-Bloomington, MN-WI area (n=59)
FDIC · 2 branches
Q2 2024
Return on Assets
4.00%
Rank 1 of 59
Net Interest Margin
3.68%
Rank 10 of 59
Efficiency Ratio
34.81%
Rank 3 of 59
Equity / Assets
12.47%
Rank 6 of 59
| Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 4.00% | 0.54% | 0.66% | 1.17% | Beats 98% | 1 / 59 | n/a | |
| Return on Equity | 32.07% | 6.64% | 8.63% | 13.05% | Beats 98% | 1 / 59 | n/a | |
| Net Interest Margin | 3.68% | 2.69% | 3.10% | 3.46% | Beats 83% | 10 / 59 | n/a | |
| Efficiency Ratio | 34.81% | 62.95% | 71.53% | 79.14% | Beats 97% | 3 / 59 | n/a | |
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 2.39% | 0.03% | 0.27% | 1.33% | Beats 12% | 53 / 59 | n/a | |
| Net Charge-Offs / Loans | 0.00% | n/a | 0.00% | 0.02% | Beats 42% | 36 / 59 | n/a | |
| Capital | ||||||||
| Tier 1 Capital Ratio | 20.40% | 10.86% | 13.45% | 15.52% | Beats 95% | 3 / 59 | n/a | |
| Total Risk-Based Capital Ratio | 21.65% | 11.64% | 14.54% | 16.27% | Beats 95% | 3 / 59 | n/a | |
| Equity / Assets | 12.47% | 7.02% | 8.28% | 9.88% | Beats 90% | 6 / 59 | n/a | |
| Liquidity & Funding | ||||||||
| Loans / Deposits | 55.18% | 65.71% | 80.29% | 93.73% | 12th pctl | 52 / 59 | n/a | |
| Loans / Assets | 47.42% | 58.60% | 69.84% | 79.20% | 10th pctl | 53 / 59 | n/a | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||