Willmar, MN · Cert 12198
FDIC · 5 branches
Q3 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2014, the quarter ended September 30, 2014, 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.
Willmar, MN · Cert 12198
FDIC · 5 branches
Q3 2014
Market Position · Mankato-North Mankato, MN · 2014 SOD (annual) · 1.5% share · #18 of 22 inst. · $0.0B of $2.0B
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 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | Q2 2014 | Q3 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.31% | 1.19% | 1.19% | 1.20% | 1.13% | 0.96% | 1.04% | 1.12% | -8 bps | |
| Return on Equity | 15.22% | 13.68% | 13.68% | 13.79% | 12.87% | 10.48% | 11.35% | 11.99% | -180 bps | |
| Net Interest Margin | 3.93% | 3.98% | 3.84% | 3.83% | 3.77% | 3.71% | 3.67% | 3.69% | -14 bps | |
| Efficiency Ratio | 59.87% | 63.29% | 61.89% | 61.54% | 62.05% | 61.98% | 59.21% | 57.72% | -382 bps | |
| Non-Interest Burden | 1.92% | 2.11% | 1.96% | 1.95% | 1.97% | 1.99% | 1.84% | 1.75% | -20 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 9.95% | 7.52% | 13.40% | 16.32% | 11.77% | 18.26% | 14.50% | 9.00% | -732 bps | |
| Loan Growth (YoY) | 11.13% | 14.99% | 17.97% | 17.01% | 17.78% | 12.96% | 13.35% | 10.47% | -654 bps | |
| Deposit Growth (YoY) | 4.95% | -9.74% | -15.80% | -15.00% | -7.77% | 1.37% | 2.42% | 2.69% | +1,769 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 | 0.18% | -0.02% | 0.05% | 0.06% | 0.11% | 0.37% | 0.19% | 0.18% | +12 bps | |
| Allowance / Loans | 1.38% | 1.30% | 1.25% | 1.25% | 1.26% | 1.25% | 1.26% | 1.33% | +8 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 | 11.76% | 11.61% | 11.44% | 11.34% | 12.11% | 12.08% | 11.88% | 12.24% | +90 bps | |
| Equity / Assets | 8.54% | 8.86% | 8.64% | 8.68% | 9.25% | 9.07% | 9.26% | 9.73% | +105 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 94.15% | 109.20% | 122.26% | 125.07% | 120.23% | 121.68% | 135.32% | 134.55% | +947 bps | |
| Liquid Assets / Assets | 9.63% | 5.19% | 5.09% | 4.99% | 4.80% | 4.48% | 4.15% | 4.10% | -90 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |