Huxley, IA · Cert 14251
FDIC · 3 branches
Q1 2023
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2023, the quarter ended March 31, 2023, 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.
Huxley, IA · Cert 14251
FDIC · 3 branches
Q1 2023
Market Position · Ames, IA · 2022 SOD (annual) · 0.9% share · #17 of 25 inst. · $0.0B of $3.8B
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 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.82% | 1.00% | 0.55% | -1.11% | -0.72% | -0.73% | -1.02% | -1.17% | -6 bps | |
| Return on Equity | 7.54% | 8.77% | 4.65% | -7.55% | -4.98% | -5.12% | -7.36% | -10.33% | -278 bps | |
| Net Interest Margin | 2.19% | 2.03% | 2.60% | 2.78% | 3.26% | 3.38% | 3.40% | 3.44% | +66 bps | |
| Efficiency Ratio | 91.70% | 90.18% | 94.27% | 114.95% | 113.65% | 112.61% | 116.43% | 124.81% | +986 bps | |
| Non-Interest Burden | 1.24% | 0.90% | 1.84% | 3.88% | 4.28% | 4.25% | 4.48% | 4.72% | +84 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 20.75% | -12.99% | -32.05% | -33.23% | -31.75% | -13.92% | 2.59% | 5.34% | +3,857 bps | |
| Loan Growth (YoY) | 9.36% | -21.12% | -35.87% | -34.07% | -27.33% | -6.64% | 10.16% | 17.51% | +5,158 bps | |
| Deposit Growth (YoY) | 16.12% | 1.07% | -5.66% | -14.08% | -6.81% | -2.13% | 9.66% | 17.29% | +3,138 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.26% | 0.42% | 0.15% | 0.18% | 0.17% | 0.00% | 0.00% | 0.00% | -18 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.92% | 1.11% | 1.22% | 1.36% | 1.06% | 0.99% | 0.92% | 0.00% | -136 bps | |
| Allowance Coverage of NPLs | 3.5x | 2.6x | 8.1x | 7.5x | 6.3x | n/a | n/a | n/a | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.42% | 10.02% | 12.19% | 11.79% | 12.18% | 11.48% | 10.45% | 9.17% | -261 bps | |
| Total Risk-Based Capital | 14.82% | 17.22% | 17.82% | 17.86% | 17.13% | 16.29% | 14.52% | 12.06% | -580 bps | |
| Equity / Assets | 10.39% | 13.42% | 14.90% | 14.56% | 13.96% | 13.59% | 12.20% | 10.51% | -405 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 135.26% | 125.54% | 117.20% | 109.30% | 105.48% | 119.75% | 117.74% | 109.50% | +20 bps | |
| Liquid Assets / Assets | 15.05% | 8.56% | 8.12% | 8.60% | 6.71% | 3.70% | 3.10% | 3.38% | -522 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |