Ormsby, MN · Cert 1388
FDIC · 1 branch
Q4 2020
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2020, the quarter ended December 31, 2020, 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.
Ormsby, MN · Cert 1388
FDIC · 1 branch
Q4 2020
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 | Q1 2019 | Q2 2019 | Q3 2019 | Q4 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.27% | 1.30% | 1.31% | 1.21% | 1.07% | 1.18% | 0.83% | 0.14% | -107 bps | |
| Return on Equity | 8.60% | 8.57% | 8.56% | 7.87% | 6.59% | 7.10% | 4.96% | 0.84% | -703 bps | |
| Net Interest Margin | 2.90% | 2.99% | 2.94% | 2.85% | 2.87% | 2.94% | 2.85% | 2.49% | -37 bps | |
| Efficiency Ratio | 60.00% | 58.61% | 58.24% | 60.61% | 64.10% | 61.32% | 71.88% | 94.96% | +3,434 bps | |
| Non-Interest Burden | 1.61% | 1.66% | 1.61% | 1.65% | 1.77% | 1.74% | 2.00% | 2.35% | +71 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.54% | 2.95% | 3.75% | 0.79% | -3.33% | -3.01% | -2.28% | 1.29% | +50 bps | |
| Loan Growth (YoY) | 4.94% | 9.58% | 2.72% | 7.30% | -0.37% | -3.89% | -11.23% | -11.16% | -1,846 bps | |
| Deposit Growth (YoY) | -0.85% | -0.90% | 2.08% | -0.88% | -5.48% | -2.65% | -3.67% | 1.70% | +259 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.01% | 0.00% | 0.00% | 0.00% | 0.44% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | -0.04% | -0.03% | 0.00% | 0.00% | 0.00% | -0.01% | +2 bps | |
| Allowance / Loans | 1.76% | 1.72% | 1.80% | 1.72% | 1.79% | 1.81% | 2.03% | 1.95% | +23 bps | |
| Allowance Coverage of NPLs | 199.0x | n/a | n/a | n/a | 4.0x | n/a | n/a | n/a | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 15.10% | 15.48% | 15.68% | 15.72% | 15.80% | 16.34% | 16.35% | 14.72% | -100 bps | |
| Total Risk-Based Capital | 28.24% | 30.09% | 32.42% | 31.40% | 29.65% | 16.34% | 16.35% | 14.72% | -1,668 bps | |
| Equity / Assets | 14.97% | 15.86% | 15.77% | 15.88% | 16.69% | 17.43% | 16.76% | 15.47% | -41 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 50.98% | 55.08% | 50.51% | 52.14% | 53.73% | 54.38% | 46.54% | 45.55% | -660 bps | |
| Liquid Assets / Assets | 24.06% | 22.27% | 28.15% | 27.83% | 26.79% | 25.49% | 31.97% | 33.18% | +535 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |