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Northland Financial

Steele, ND · Cert 13202

FDIC · 4 branches

Q3 2015

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2015, the quarter ended September 30, 2015, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Northland Financial

Steele, ND · Cert 13202

FDIC · 4 branches

Q3 2015

$196.9MAssets
$158.3MLoans
$170.3MDeposits
$23.9MEquity
Loan mix
72%RE $57.9M22%C&I $17.7M5%Consumer $4.3MQ3 2014Q3 2015
Deposit mix
88%Interest-bearing $150.0M12%Noninterest $20.3MQ3 2014Q3 2015

NIM

4.90%Q3 ’134.95%Q3 ’140.56%Q3 ’15+5%-87%

Non-interest income vs. expense

3.01%Q3 ’133.01%Q3 ’140.45%Q3 ’15-5%-84%

Market Position · Bismarck, ND · 2015 SOD (annual) · 2.4% share · #11 of 20 inst. · $0.1B of $3.9B

3.0% Burleigh
84.3% Kidder
2.3% Stutsman

Executive Summary

  • Earnings: ROA of 0.12%, down 149 bps year over year; NIM at 0.53%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.01%.
  • Capital: tier 1 leverage ratio of 9.83%.
  • Funding: loans stand at 92.92% of deposits as of Q3 2015.

Financial Results

Return on Assets (YTD, annualized)

0.12%-149 bps YoY

Net Interest Margin (YTD, annualized)

0.53%-371 bps YoY

Efficiency Ratio (YTD, annualized)

80.44%+1,630 bps YoY

Tier 1 Leverage Ratio

9.83%

Year to date, annualized, through each quarter.

MetricQ3 2014Q4 2014Q1 2015Q2 2015Q3 2015YoY ΔTrend
Earnings
Return on Assets1.61%1.58%1.71%1.87%0.12%-149 bps
Return on Equity19.54%19.24%20.72%21.98%1.32%-1,822 bps
Net Interest Margin4.24%4.33%4.52%4.68%0.53%-371 bps
Efficiency Ratio64.14%65.53%65.25%63.06%80.44%+1,630 bps
Non-Interest Burden2.56%2.68%2.74%2.74%0.41%-216 bps
Growth
Asset Growth (YoY)4.67%2.16%0.75%-4.86%0.11%-456 bps
Loan Growth (YoY)9.30%8.54%4.84%0.63%-1.96%-1,126 bps
Deposit Growth (YoY)1.06%-0.83%0.43%-7.38%-0.45%-151 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.04%-0.09%-0.03%0.01%+1 bps
Allowance / Loans1.28%1.28%1.40%1.33%0.01%-127 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/a8.36%9.02%9.83%n/a
Total Risk-Based Capital11.62%10.73%12.01%12.22%11.72%+10 bps
Equity / Assets8.87%8.08%8.38%9.12%12.16%+329 bps
Liquidity & Funding
Loans / Deposits94.35%92.22%83.34%92.70%92.92%-143 bps
Liquid Assets / Assets0.60%0.73%3.83%0.79%0.73%+13 bps
CRE / Total Capitaln/an/an/an/an/an/an/a