Lindstrom, MN · Cert 1390
FDIC · 5 branches
Q3 2022
Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2022 SOD (annual) · 0.2% share · #40 of 138 inst. · $0.4B of $232.4B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 3.99% | 2.63% | 2.46% | 3.29% | 2.97%1 | 0.36% | 1.13% | 25.71% | +2,241 bps | |
| Return on Equity | 34.26% | 23.17% | 21.36% | 27.04% | 23.53% | 2.91% | 10.04% | 202% | +17,519 bps | |
| Net Interest Margin | 4.25% | 4.19% | 3.52% | 3.51% | 3.42% | 3.01% | 3.44% | 3.87% | +36 bps | |
| Efficiency Ratio | 64.94% | 78.04% | 73.87% | 67.75% | 93.84% | 91.88% | 76.38% | 18.48% | -4,926 bps | |
| Non-Interest Burden | -0.16% | 1.60% | 0.86% | 0.09% | 2.85% | 2.53% | 1.91% | -42.82% | -4,291 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 23.16% | 21.60% | 4.06% | 1.70% | -4.27% | -7.55% | -3.46% | -65.92% | -6,762 bps | |
| Loan Growth (YoY) | 21.62% | 9.34% | 2.89% | -7.31% | -19.10% | -11.11% | -12.76% | -97.22% | -8,991 bps | |
| Deposit Growth (YoY) | 12.89% | 17.71% | 5.73% | 9.85% | 9.73% | -0.93% | 8.56% | -67.23% | -7,708 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.92% | 0.86% | 0.74% | 0.75% | 0.78% | 0.95% | 0.98% | 1.04% | +29 bps | |
| Net Charge-Offs / Loans | 0.16% | 0.00% | 0.00% | -0.09% | 0.00% | 0.00% | 0.00% | -9.79% | -970 bps | |
| Allowance / Loans | 0.96% | 1.09% | 1.05% | 1.10% | 1.15% | 1.15% | 1.13% | 1.04% | -6 bps | |
| Allowance Coverage of NPLs | 1.0x | 1.3x | 1.4x | 1.5x | 1.5x | 1.2x | 1.2x | 1.0x | -0.5x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.80% | 11.08% | 11.19% | 11.45% | 12.23% | 12.73% | 13.66% | 9.46% | -199 bps | |
| Total Risk-Based Capital | 10.49% | 12.08% | 13.14% | 13.25% | 14.22% | 15.22% | 16.62% | 9.46% | -379 bps | |
| Equity / Assets | 11.60% | 11.11% | 11.95% | 12.42% | 12.86% | 11.94% | 10.64% | 18.59% | +617 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 95.45% | 80.65% | 84.57% | 78.36% | 70.38% | 72.36% | 67.96% | 6.65% | -7,172 bps | |
| Liquid Assets / Assets | 1.96% | 4.65% | 1.28% | 1.81% | 7.04% | 1.81% | 1.20% | 6.04% | +423 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |