Dundas, MN · Cert 1395
FDIC
Q1 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2005, the quarter ended March 31, 2005, 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.
Dundas, MN · Cert 1395
FDIC
Q1 2005
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 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.13% | 1.20% | 1.24% | 0.82% | 0.82% | 0.85% | 0.88% | 2.98% | +215 bps | |
| Return on Equity | 8.48% | 9.03% | 9.26% | 6.43% | 6.49% | 6.84% | 7.08% | 24.19% | +1,776 bps | |
| Net Interest Margin | 4.63% | 4.69% | 4.67% | 3.84% | 3.69% | 3.68% | 3.68% | 3.34% | -50 bps | |
| Efficiency Ratio | 59.68% | 58.95% | 59.09% | 65.31% | 69.04% | 68.76% | 67.44% | 68.59% | +328 bps | |
| Non-Interest Burden | 2.50% | 2.49% | 2.48% | 2.21% | 2.29% | 2.27% | 2.22% | 2.10% | -11 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.80% | 1.26% | 0.45% | 6.73% | 4.67% | 8.80% | 7.90% | -0.27% | -700 bps | |
| Loan Growth (YoY) | 5.89% | 10.32% | 1.58% | 2.98% | -2.08% | -6.75% | -2.36% | -11.37% | -1,435 bps | |
| Deposit Growth (YoY) | -4.64% | -3.33% | -3.98% | -0.96% | 8.46% | 13.12% | 12.59% | 6.30% | +726 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 | 0.11% | 0.08% | 0.05% | 0.00% | 0.33% | 0.71% | 0.54% | 0.00% | 0 bps | |
| Allowance / Loans | 1.32% | 1.31% | 1.45% | 1.45% | 1.38% | 1.02% | 1.07% | 1.17% | -28 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 | n/a | n/a | n/a |
| Total Risk-Based Capital | 13.15% | 13.08% | 13.92% | 12.70% | 13.42% | 12.93% | 13.58% | 13.71% | +101 bps | |
| Equity / Assets | 13.21% | 13.40% | 13.47% | 12.19% | 12.35% | 12.05% | 12.12% | 12.52% | +34 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 101.59% | 106.75% | 99.56% | 101.48% | 91.72% | 88.00% | 86.33% | 84.62% | -1,687 bps | |
| Liquid Assets / Assets | 1.14% | 1.13% | 1.11% | 1.08% | 1.09% | 0.00% | 0.00% | 0.00% | -108 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |