Elgin, ND · Cert 11514
FDIC
Q4 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2005, the quarter ended December 31, 2005, 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.
Elgin, ND · Cert 11514
FDIC
Q4 2005
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 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.24% | 2.16% | 1.97% | 1.84% | 1.21% | 1.70% | 1.65% | 1.46% | -37 bps | |
| Return on Equity | 21.30% | 20.93% | 19.12% | 17.68% | 12.19% | 17.65% | 17.49% | 15.55% | -213 bps | |
| Net Interest Margin | 3.60% | 3.66% | 3.59% | 3.60% | 3.45% | 3.65% | 3.70% | 3.73% | +13 bps | |
| Efficiency Ratio | 46.29% | 47.07% | 48.77% | 49.21% | 48.93% | 46.15% | 45.49% | 45.57% | -364 bps | |
| Non-Interest Burden | 1.23% | 1.40% | 1.48% | 1.52% | 1.44% | 1.46% | 1.47% | 1.49% | -3 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.47% | 2.62% | 9.91% | 7.86% | 9.57% | 14.39% | 12.78% | 12.17% | +431 bps | |
| Loan Growth (YoY) | 0.75% | 3.73% | 9.46% | 15.16% | 12.81% | 11.43% | 11.89% | 9.23% | -592 bps | |
| Deposit Growth (YoY) | 4.22% | -5.15% | -4.08% | 1.85% | 1.38% | 17.39% | 7.87% | 6.18% | +432 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 | -0.02% | 0.06% | 0.04% | 0.03% | -0.04% | -0.07% | -0.07% | 0.92% | +89 bps | |
| Allowance / Loans | 2.10% | 1.89% | 1.86% | 2.12% | 2.25% | 2.19% | 2.34% | 2.05% | -7 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 | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 14.37% | 14.86% | 14.46% | 15.10% | 13.72% | 13.85% | 13.28% | 14.12% | -98 bps | |
| Equity / Assets | 10.26% | 9.96% | 10.18% | 10.78% | 9.08% | 9.11% | 8.87% | 9.41% | -136 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 75.30% | 87.82% | 95.63% | 87.90% | 83.79% | 83.37% | 99.19% | 90.43% | +253 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |