PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

State Bank of Saunemin

Saunemin, IL · Cert 12391

FDIC · 2 branches

Q4 2021

$43.8MAssets
$19.2MLoans
$38.9MDeposits
$4.9MEquity
Loan mix
58%RE $6.2M34%C&I $3.6M9%Consumer $0.9MQ1 2020Q4 2021
Deposit mix
75%Interest-bearing $29.2M25%Noninterest $9.7MQ1 2020Q4 2021

Executive Summary

  • Earnings: ROA of 0.96%, down 53 bps year over year; NIM at 2.07%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 11.41%, down 35 bps from a year ago.
  • Funding: loans stand at 49.48% of deposits as of Q4 2021.

Return on Assets (YTD, annualized)

0.96%-53 bps YoY

Net Interest Margin (YTD, annualized)

2.07%-54 bps YoY

Efficiency Ratio (YTD, annualized)

66.75%+154 bps YoY

Tier 1 Leverage Ratio

11.41%-35 bps YoY

NIM

3.58%Q4 ’193.10%Q4 ’202.34%Q4 ’21-12%-21%

Non-interest income vs. expense

2.03%Q4 ’191.87%Q4 ’201.81%Q4 ’21-15%-28%

Year to date, annualized, through each quarter.

MetricQ1 2020Q2 2020Q3 2020Q4 2020Q1 2021Q2 2021Q3 2021Q4 2021YoY ΔTrend
Earnings
Return on Assets2.90%2.08%1.65%1.48%0.67%1.35%1.17%0.96%-53 bps
Return on Equity24.05%17.04%13.49%12.05%5.61%11.25%9.62%8.04%-402 bps
Net Interest Margin3.13%2.91%2.73%2.62%2.09%2.05%2.10%2.07%-54 bps
Efficiency Ratio68.06%62.96%65.19%65.22%74.81%59.81%62.88%66.75%+154 bps
Non-Interest Burden2.10%1.75%1.71%1.62%1.44%0.81%1.00%1.17%-45 bps
Growth
Asset Growth (YoY)0.57%5.26%8.26%2.78%14.80%8.90%5.30%14.65%+1,187 bps
Loan Growth (YoY)-15.32%0.50%3.57%-5.91%12.30%-11.40%-9.84%0.62%+653 bps
Deposit Growth (YoY)-1.25%4.24%7.67%1.46%15.99%9.55%5.40%16.61%+1,515 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.48%1.29%1.27%1.39%1.32%1.45%1.41%1.38%-1 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio12.15%11.99%11.74%11.76%11.06%11.49%11.74%11.41%-35 bps
Total Risk-Based Capital12.15%11.99%11.74%11.76%11.06%11.49%11.74%11.41%-35 bps
Equity / Assets12.75%12.54%12.30%12.57%11.54%12.05%12.35%11.09%-148 bps
Liquidity & Funding
Loans / Deposits57.38%63.62%62.73%57.35%55.56%51.45%53.66%49.48%-786 bps
Liquid Assets / Assets12.96%11.17%9.63%9.63%8.32%9.04%9.75%8.38%-124 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a