Darlington, WI · Cert 14468
FDIC · 2 branches
Q1 2024
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2024, the quarter ended March 31, 2024, 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.
Darlington, WI · Cert 14468
FDIC · 2 branches
Q1 2024
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 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.59% | 0.65% | 0.60% | 0.82% | 0.87% | 0.88% | 0.82% | 0.53% | -29 bps | |
| Return on Equity | 4.56% | 5.02% | 4.62% | 6.11% | 6.43% | 6.55% | 6.08% | 3.94% | -216 bps | |
| Net Interest Margin | 2.58% | 2.79% | 2.99% | 3.13% | 3.09% | 3.02% | 2.98% | 2.81% | -32 bps | |
| Efficiency Ratio | 73.03% | 72.10% | 74.88% | 67.25% | 66.16% | 65.57% | 64.96% | 74.72% | +747 bps | |
| Non-Interest Burden | 1.78% | 1.91% | 2.15% | 1.99% | 1.90% | 1.84% | 1.80% | 2.01% | +3 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 7.76% | 2.84% | -2.66% | -6.96% | -4.03% | 1.57% | 6.47% | 8.96% | +1,591 bps | |
| Loan Growth (YoY) | 5.15% | 10.01% | 7.68% | 5.85% | 15.52% | 16.13% | 16.07% | 16.27% | +1,041 bps | |
| Deposit Growth (YoY) | 9.47% | 4.19% | -2.29% | -8.27% | -6.93% | 0.92% | 5.99% | 8.60% | +1,687 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.09% | 0.08% | 0.06% | 0.06% | 0.06% | 0.06% | 0.11% | 0.12% | +6 bps | |
| Net Charge-Offs / Loans | -0.10% | -0.07% | -0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.56% | 1.52% | 1.47% | 1.46% | 1.35% | 1.31% | 1.29% | 1.30% | -16 bps | |
| Allowance Coverage of NPLs | 18.3x | 18.3x | 23.3x | 23.3x | 23.3x | 22.7x | 11.8x | 10.6x | -12.8x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 13.48% | 13.82% | 14.40% | 14.95% | 14.85% | 14.70% | 14.77% | 14.46% | -49 bps | |
| Total Risk-Based Capital | 22.20% | 21.98% | 21.73% | 22.36% | 21.27% | 20.97% | 20.20% | 20.00% | -236 bps | |
| Equity / Assets | 12.62% | 12.81% | 13.08% | 13.88% | 13.54% | 13.36% | 13.33% | 13.55% | -33 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 65.22% | 69.25% | 72.66% | 76.16% | 80.95% | 79.68% | 79.57% | 81.54% | +538 bps | |
| Liquid Assets / Assets | 13.06% | 9.07% | 8.12% | 6.40% | 6.31% | 6.58% | 5.84% | 6.00% | -40 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |