Elkton, MN · Cert 1416
FDIC
Q4 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2013, the quarter ended December 31, 2013, 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.
Elkton, MN · Cert 1416
FDIC
Q4 2013
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 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.41% | 0.96% | 0.88% | 0.97% | 1.46% | 1.19% | 1.21% | 1.13% | +16 bps | |
| Return on Equity | 3.77% | 8.69% | 8.01% | 8.88% | 14.41% | 12.33% | 12.88% | 11.99% | +311 bps | |
| Net Interest Margin | 3.54% | 3.52% | 3.42% | 3.26% | 2.97% | 2.91% | 2.86% | 2.92% | -34 bps | |
| Efficiency Ratio | 49.41% | 50.23% | 49.85% | 51.77% | 48.07% | 54.14% | 55.21% | 56.01% | +424 bps | |
| Non-Interest Burden | 1.68% | 1.69% | 1.62% | 1.65% | 1.36% | 1.49% | 1.51% | 1.58% | -7 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 7.63% | 4.48% | 5.41% | 4.02% | 14.69% | 15.48% | 11.58% | 4.50% | +48 bps | |
| Loan Growth (YoY) | 17.10% | 32.69% | 28.24% | 2.82% | 3.47% | -4.42% | -5.96% | -1.51% | -433 bps | |
| Deposit Growth (YoY) | 7.33% | 3.78% | 5.86% | 7.35% | 16.45% | 17.25% | 13.78% | 6.17% | -118 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 | 0.17% | 0.93% | 0.60% | 0.62% | 0.00% | 0.00% | 0.03% | 0.57% | -5 bps | |
| Allowance / Loans | 2.26% | 1.73% | 1.67% | 1.60% | 1.78% | 1.80% | 1.79% | 1.52% | -8 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 | 15.48% | 15.25% | 14.67% | 15.35% | 15.43% | 15.03% | 15.03% | 15.15% | -20 bps | |
| Equity / Assets | 11.28% | 11.49% | 10.68% | 10.62% | 9.64% | 8.70% | 8.85% | 9.22% | -141 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 56.04% | 60.12% | 58.52% | 55.29% | 49.79% | 49.01% | 48.37% | 51.29% | -400 bps | |
| Liquid Assets / Assets | 3.37% | 2.76% | 2.82% | 4.75% | 5.42% | 6.40% | 7.01% | 7.39% | +264 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |