Justin, TX · Cert 12308
FDIC · 2 branches
Q1 2023
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2023, the quarter ended March 31, 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.
Justin, TX · Cert 12308
FDIC · 2 branches
Q1 2023
Market Position · Dallas-Fort Worth-Arlington, TX · 2022 SOD (annual) · 0.0% share · #92 of 169 inst. · $0.2B of $861.9B
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 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.29% | 0.30% | 0.26% | -0.08% | 0.10% | 0.49% | 0.83% | -2.46% | -238 bps | |
| Return on Equity | 1.74% | 1.93% | 1.73% | -0.62% | 0.83% | 4.07% | 6.75% | -18.35% | -1,773 bps | |
| Net Interest Margin | 2.60% | 2.46% | 2.12% | 1.97% | 2.14% | 2.46% | 2.89% | 3.61% | +164 bps | |
| Efficiency Ratio | 77.17% | 76.90% | 79.55% | 98.17% | 89.56% | 75.79% | 66.42% | 157.32% | +5,916 bps | |
| Non-Interest Burden | 1.99% | 1.88% | 1.70% | 2.01% | 1.98% | 1.91% | 1.96% | 5.75% | +375 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 51.29% | 65.08% | 46.28% | 35.60% | 36.86% | 16.11% | -4.03% | -7.86% | -4,346 bps | |
| Loan Growth (YoY) | 67.54% | 48.00% | 13.15% | 24.22% | 7.03% | 6.29% | 20.16% | -7.21% | -3,144 bps | |
| Deposit Growth (YoY) | 67.89% | 83.66% | 55.70% | 42.38% | 43.66% | 18.15% | -5.90% | -10.20% | -5,258 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.29% | 0.32% | 0.28% | 0.58% | 0.27% | 0.27% | 0.00% | -28 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.22% | +122 bps | |
| Allowance / Loans | 1.03% | 1.04% | 1.17% | 1.02% | 1.06% | 1.02% | 1.07% | 1.09% | +6 bps | |
| Allowance Coverage of NPLs | n/a | 3.6x | 3.6x | 3.6x | 1.8x | 3.8x | 4.0x | n/a | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 13.79% | 12.90% | 11.21% | 10.50% | 10.50% | 10.46% | 11.31% | 11.17% | +67 bps | |
| Total Risk-Based Capital | 17.36% | 16.90% | 18.87% | 15.17% | 16.20% | 15.68% | 16.39% | 16.26% | +108 bps | |
| Equity / Assets | 15.94% | 13.72% | 12.15% | 11.93% | 11.80% | 12.22% | 13.54% | 13.24% | +131 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 85.83% | 76.49% | 58.79% | 66.19% | 63.94% | 68.81% | 75.07% | 68.39% | +220 bps | |
| Liquid Assets / Assets | 23.40% | 30.98% | 45.76% | 39.02% | 41.01% | 37.05% | 24.74% | 37.94% | -108 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |