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Clinton State Bank

Clinton, MN · Cert 1099

FDIC

Q3 2013

$67.8MAssets
$36.4MLoans
$57.5MDeposits
$7.7MEquity
Loan mix
71%RE $13.3M22%C&I $4.2M7%Consumer $1.2MQ4 2011Q3 2013
Deposit mix
83%Interest-bearing $47.8M17%Noninterest $9.7MQ4 2011Q3 2013

Executive Summary

  • Earnings: ROA of 1.42%, down 66 bps year over year; NIM at 2.83%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 63.35% of deposits as of Q3 2013.

Return on Assets (YTD, annualized)

1.42%-66 bps YoY

Net Interest Margin (YTD, annualized)

2.83%-104 bps YoY

Efficiency Ratio (YTD, annualized)

52.40%+1,314 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

5.00%Q3 ’114.47%Q3 ’123.04%Q3 ’13-4%-27%

Non-interest income vs. expense

1.30%Q3 ’111.60%Q3 ’121.62%Q3 ’13+27%+0%

Year to date, annualized, through each quarter.

MetricQ4 2011Q1 2012Q2 2012Q3 2012Q4 2012Q1 2013Q2 2013Q3 2013YoY ΔTrend
Earnings
Return on Assets2.19%3.01%2.93%2.08%0.71%1.38%1.35%1.42%-66 bps
Return on Equity16.56%22.55%21.53%15.30%5.33%11.83%11.58%12.26%-304 bps
Net Interest Margin3.97%3.79%3.88%3.87%0.59%2.73%2.79%2.83%-104 bps
Efficiency Ratio46.36%24.14%26.34%39.25%38.89%52.02%54.74%52.40%+1,314 bps
Non-Interest Burden1.73%0.79%0.86%1.39%0.21%1.35%1.44%1.39%0 bps
Growth
Asset Growth (YoY)-1.07%0.77%-0.03%3.39%-0.28%2.45%-0.14%-2.64%-603 bps
Loan Growth (YoY)-2.47%-3.20%0.48%-2.56%-8.79%-25.88%-25.83%-16.35%-1,379 bps
Deposit Growth (YoY)2.13%4.70%-0.50%3.71%2.05%4.95%1.26%-4.45%-815 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.29%1.42%1.42%1.46%0.00%0.00%0.00%0.00%-146 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital18.56%20.02%19.61%20.06%13.28%15.82%16.27%15.79%-427 bps
Equity / Assets13.43%13.29%14.16%13.44%12.08%11.30%11.48%11.35%-209 bps
Liquidity & Funding
Loans / Deposits82.43%73.13%79.52%72.36%73.67%51.64%58.24%63.35%-901 bps
Liquid Assets / Assets0.75%0.74%1.99%10.19%2.05%8.99%0.40%1.26%-893 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a