Tyler, MN · Cert 10582
FDIC · 1 branch
Q1 2022
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.23%1 | 0.03% | 0.12% | 0.01% | -0.05% | 0.84% | 0.00% | -0.11% | -12 bps | |
| Return on Equity | 2.37% | 0.34% | 1.34% | 0.17% | -0.69% | 10.58% | 0.00% | -1.55% | -172 bps | |
| Net Interest Margin | 1.92% | 2.26% | 1.66% | 1.79% | 1.32% | 1.83% | 1.41% | 2.15% | +36 bps | |
| Efficiency Ratio | 100.00% | 81.76% | 89.80% | 77.44% | 106.09% | 57.53% | 100.63% | 72.73% | -471 bps | |
| Non-Interest Burden | 1.92% | 1.80% | 1.44% | 1.30% | 1.41% | 0.60% | 1.42% | 1.49% | +19 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 15.41% | 13.92% | 27.87% | 30.90% | 14.75% | 18.16% | -0.53% | 2.74% | -2,816 bps | |
| Loan Growth (YoY) | -4.73% | 0.28% | 4.78% | -7.14% | 9.97% | 21.33% | 15.68% | 20.51% | +2,765 bps | |
| Deposit Growth (YoY) | 16.38% | 14.92% | 30.49% | 35.00% | 16.73% | 20.31% | -0.14% | 4.73% | -3,028 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.21% | 0.21% | 0.21% | 0.23% | 0.15% | 0.35% | 0.16% | 0.13% | -10 bps | |
| Net Charge-Offs / Loans | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.08% | 0.00% | 0.08% | +8 bps | |
| Allowance / Loans | 3.18% | 3.20% | 3.16% | 3.42% | 2.90% | 2.62% | 2.72% | 2.79% | -62 bps | |
| Allowance Coverage of NPLs | 15.1x | 15.1x | 15.1x | 15.1x | 19.4x | 7.5x | 16.9x | 22.3x | +7.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.38% | 9.01% | 8.51% | 7.67% | 7.64% | 7.86% | 8.18% | 8.00% | +33 bps | |
| Total Risk-Based Capital | 41.95% | 41.18% | 38.89% | 37.95% | 33.75% | 31.90% | 32.18% | 32.61% | -534 bps | |
| Equity / Assets | 9.26% | 9.59% | 8.15% | 7.83% | 7.86% | 8.07% | 7.86% | 6.01% | -182 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 18.40% | 18.97% | 15.95% | 14.63% | 17.34% | 19.13% | 18.48% | 16.84% | +220 bps | |
| Liquid Assets / Assets | 36.15% | 36.31% | 28.21% | 25.59% | 23.15% | 24.86% | 24.99% | 20.04% | -555 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |