Pequot Lakes, MN · Cert 1389
FDIC · 2 branches
Q1 2015
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2015, the quarter ended March 31, 2015, 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.
Pequot Lakes, MN · Cert 1389
FDIC · 2 branches
Q1 2015
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 2013 | Q3 2013 | Q4 2013 | Q1 2014 | Q2 2014 | Q3 2014 | Q4 2014 | Q1 2015 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.47% | 1.41% | 1.42% | 1.23% | 1.35% | 1.44% | 1.65% | 1.58% | +35 bps | |
| Return on Equity | 12.80% | 12.40% | 12.50% | 10.41% | 11.40% | 12.17% | 13.82% | 12.27% | +187 bps | |
| Net Interest Margin | 3.91% | 3.74% | 3.82% | 4.02% | 4.11% | 3.97% | 4.06% | 4.32% | +31 bps | |
| Efficiency Ratio | 66.14% | 68.33% | 68.47% | 72.68% | 71.18% | 70.03% | 66.48% | 69.01% | -367 bps | |
| Non-Interest Burden | 2.11% | 2.15% | 2.23% | 2.58% | 2.52% | 2.38% | 2.26% | 2.48% | -9 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.47% | 3.59% | 4.91% | 1.32% | 2.73% | 1.83% | -2.96% | 0.08% | -124 bps | |
| Loan Growth (YoY) | 2.13% | 6.45% | 11.67% | 14.43% | 11.78% | 10.83% | 12.91% | 2.15% | -1,228 bps | |
| Deposit Growth (YoY) | 3.04% | 4.07% | 4.89% | 0.83% | 1.76% | 0.90% | -4.21% | -1.02% | -185 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 | 0.15% | 0.20% | 0.17% | 0.17% | 0.09% | 0.11% | 0.09% | 0.00% | -17 bps | |
| Allowance / Loans | 1.77% | 1.64% | 1.60% | 1.58% | 1.62% | 1.58% | 1.56% | 1.74% | +16 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 | 11.89% | n/a | n/a |
| Total Risk-Based Capital | 17.11% | 16.88% | 16.82% | 17.12% | 16.92% | 16.77% | 16.53% | 17.61% | +49 bps | |
| Equity / Assets | 11.17% | 11.10% | 11.24% | 12.39% | 11.93% | 11.83% | 12.38% | 13.36% | +97 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 71.12% | 72.22% | 73.32% | 81.29% | 78.13% | 79.33% | 86.42% | 83.89% | +260 bps | |
| Liquid Assets / Assets | 5.51% | 5.74% | 4.81% | 2.45% | 6.31% | 4.20% | 1.12% | 2.77% | +31 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |