Pine Island, MN · Cert 12193
FDIC · 1 branch
Q2 2022
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.23% | 2.15% | 2.76% | 2.42% | 2.40% | -6.27% | 1.43% | 1.53% | -90 bps | |
| Return on Equity | 21.42% | 20.14% | 25.78% | 22.28% | 22.05% | -45.91% | 9.12% | 10.44% | -1,184 bps | |
| Net Interest Margin | 3.79% | 3.80% | 4.33% | 3.94% | 4.14% | -10.58% | 3.72% | 4.25% | +31 bps | |
| Efficiency Ratio | 44.62% | 42.97% | 38.57% | 40.64% | 40.65% | 38.13% | 40.06% | 38.30% | -234 bps | |
| Non-Interest Burden | 1.56% | 1.50% | 1.53% | 1.45% | 1.52% | -3.56% | 1.34% | 1.48% | +3 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 9.98% | 8.68% | 7.90% | -2.09% | 4.23% | 16.50% | 27.50% | 36.25% | +3,834 bps | |
| Loan Growth (YoY) | 6.79% | 6.64% | 7.00% | 8.09% | 9.50% | 9.53% | 10.81% | 11.22% | +313 bps | |
| Deposit Growth (YoY) | 12.39% | 17.24% | 16.72% | 2.10% | 5.61% | 9.01% | 22.94% | 34.11% | +3,201 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.28% | 0.27% | 0.16% | 0.14% | 0.13% | 0.13% | 0.13% | 0.12% | -2 bps | |
| Net Charge-Offs / Loans | -0.12% | 0.00% | -0.16% | 0.00% | 0.00% | 0.15% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.15% | 1.16% | 1.22% | 1.16% | 1.16% | 0.00% | 0.07% | 0.21% | -95 bps | |
| Allowance Coverage of NPLs | 4.1x | 4.3x | 7.4x | 8.2x | 8.8x | 0.0x | 0.6x | 1.8x | -6.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.24% | 9.83% | 9.43% | 10.00% | 10.01% | 8.36% | 8.63% | 8.35% | -165 bps | |
| Total Risk-Based Capital | 14.81% | 14.74% | 14.80% | 14.54% | 14.42% | 11.56% | 12.10% | 11.88% | -267 bps | |
| Equity / Assets | 10.60% | 10.76% | 10.67% | 11.08% | 10.75% | 16.23% | 15.24% | 14.03% | +295 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 100.93% | 98.69% | 97.82% | 104.43% | 104.65% | 99.16% | 88.17% | 86.61% | -1,782 bps | |
| Liquid Assets / Assets | 6.03% | 0.14% | 3.61% | 0.15% | 0.14% | 1.28% | 1.19% | 0.08% | -6 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |