Cambridge, MN · Cert 10987
FDIC · 4 branches
Q4 2023
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2023, the quarter ended December 31, 2023, 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.
Cambridge, MN · Cert 10987
FDIC · 4 branches
Q4 2023
Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2023 SOD (annual) · 0.0% share · #106 of 137 inst. · $0.1B of $237.6B
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 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.32% | 0.33% | 0.36% | 0.42% | 0.73% | 0.62% | 0.71% | -0.58% | -101 bps | |
| Return on Equity | 3.57% | 3.79% | 4.45% | 5.39% | 9.94% | 8.21% | 9.41% | -7.48% | -1,286 bps | |
| Net Interest Margin | 2.49% | 2.57% | 2.61% | 2.71% | 3.25% | 3.30% | 3.31% | 3.38% | +67 bps | |
| Efficiency Ratio | 84.84% | 85.18% | 83.97% | 81.80% | 73.54% | 76.45% | 72.39% | 77.44% | -436 bps | |
| Non-Interest Burden | 2.08% | 2.16% | 2.17% | 2.19% | 2.34% | 2.52% | 2.39% | 2.60% | +41 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.38% | -1.89% | 1.79% | -0.96% | -0.06% | -0.26% | -5.55% | -4.45% | -348 bps | |
| Loan Growth (YoY) | -1.07% | -2.94% | 2.07% | -0.80% | 4.79% | 14.33% | 10.27% | 10.40% | +1,120 bps | |
| Deposit Growth (YoY) | 2.68% | 1.08% | 6.17% | 1.90% | 0.58% | -0.20% | -6.83% | -6.16% | -805 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.22% | 0.22% | 0.34% | 0.20% | 0.19% | 0.17% | 0.17% | 0.17% | -4 bps | |
| Net Charge-Offs / Loans | -0.01% | -0.01% | -0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.74% | 0.76% | 0.72% | 0.75% | 0.71% | 0.66% | 0.66% | 0.68% | -7 bps | |
| Allowance Coverage of NPLs | 3.4x | 3.5x | 2.1x | 3.7x | 3.8x | 3.9x | 4.0x | 4.1x | +0.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.75% | 9.88% | 9.80% | 9.49% | 9.92% | 10.30% | 10.45% | 9.30% | -19 bps | |
| Total Risk-Based Capital | 9.75% | 9.88% | 9.80% | 9.49% | 9.92% | 10.30% | 10.45% | 9.30% | -19 bps | |
| Equity / Assets | 8.42% | 7.86% | 6.65% | 6.91% | 7.83% | 7.77% | 7.86% | 8.52% | +160 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 54.01% | 53.32% | 52.28% | 51.83% | 56.28% | 61.08% | 61.88% | 60.97% | +915 bps | |
| Liquid Assets / Assets | 13.44% | 13.07% | 17.81% | 16.24% | 15.14% | 10.85% | 11.67% | 22.00% | +576 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |