Riverside, IA · Cert 11351
FDIC · 1 branch
Q3 2023
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2023, the quarter ended September 30, 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.
Riverside, IA · Cert 11351
FDIC · 1 branch
Q3 2023
Market Position · Iowa City, IA · 2023 SOD (annual) · 0.5% share · #14 of 22 inst. · $0.0B of $6.0B
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 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.86% | 0.35% | 0.44% | 0.69% | 0.80% | 0.63% | 0.58% | 0.55% | -13 bps | |
| Return on Equity | 7.72% | 4.22% | 5.80% | 9.17% | 10.83% | 8.27% | 7.54% | 7.13% | -204 bps | |
| Net Interest Margin | 3.03% | 2.17% | 2.10% | 2.47% | 2.60% | 2.83% | 2.81% | 2.73% | +26 bps | |
| Efficiency Ratio | 67.75% | 80.09% | 75.42% | 68.34% | 64.01% | 70.23% | 73.40% | 74.42% | +608 bps | |
| Non-Interest Burden | 2.00% | 1.72% | 1.56% | 1.57% | 1.55% | 1.95% | 2.04% | 2.01% | +43 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 26.17% | 19.07% | 19.05% | 9.85% | -4.76% | -23.62% | -17.88% | -11.52% | -2,137 bps | |
| Loan Growth (YoY) | -3.53% | -13.07% | -7.25% | 1.43% | -4.73% | -1.47% | 7.20% | 4.96% | +353 bps | |
| Deposit Growth (YoY) | 30.93% | 24.17% | 26.50% | 15.62% | -2.34% | -35.56% | -19.21% | -23.36% | -3,899 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 1.07% | -0.03% | -0.02% | -0.01% | -0.01% | 0.00% | 0.00% | 0.00% | +1 bps | |
| Allowance / Loans | 1.81% | 1.90% | 2.07% | 1.96% | 1.91% | 1.93% | 1.93% | 1.87% | -9 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.58% | 9.22% | 8.73% | 9.91% | 10.21% | 10.98% | 11.39% | 11.21% | +130 bps | |
| Total Risk-Based Capital | 10.58% | 9.22% | 13.71% | 9.91% | 10.21% | 10.98% | 11.39% | 11.21% | +130 bps | |
| Equity / Assets | 9.56% | 7.33% | 6.24% | 6.83% | 7.17% | 8.24% | 7.73% | 7.96% | +113 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 41.26% | 35.70% | 32.92% | 39.74% | 40.26% | 54.60% | 43.68% | 54.42% | +1,469 bps | |
| Liquid Assets / Assets | 1.86% | 1.54% | 2.50% | 3.03% | 3.78% | 2.25% | 2.24% | 1.94% | -109 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |