Lubbock, TX · Cert 14778
FDIC · 26 branches
Q1 2023
Market Position · Lubbock, TX · 2022 SOD (annual) · 9.8% share · #3 of 26 inst. · $1.2B of $12.4B
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 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.69% | 0.90% | 0.87% | 0.90% | 0.78% | +9 bps | |
| Return on Equity | 4.56% | 6.23% | 6.27% | 6.70% | 6.22% | +166 bps | |
| Net Interest Margin | 3.10% | 3.07% | 3.06% | 3.10% | 2.83% | -27 bps | |
| Efficiency Ratio | 66.69% | 62.83% | 62.00% | 62.10% | 68.49% | +180 bps | |
| Non-Interest Burden | 1.62% | 1.49% | 1.49% | 1.56% | 1.63% | +1 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -3.28% | 2.74% | 4.71% | 2.80% | 1.98% | +526 bps | |
| Loan Growth (YoY) | -4.20% | 5.79% | 12.58% | 14.12% | 11.00% | +1,520 bps | |
| Deposit Growth (YoY) | 1.10% | 6.10% | 10.34% | 7.54% | 3.56% | +246 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.71% | 0.60% | 0.91% | 0.82% | 0.80% | +9 bps | |
| Net Charge-Offs / Loans | 1.16% | 0.57% | 0.36% | 0.30% | 0.02% | -114 bps | |
| Allowance / Loans | 1.02% | 0.94% | 1.13% | 1.12% | 1.11% | +9 bps | |
| Allowance Coverage of NPLs | 1.4x | 1.6x | 1.2x | 1.4x | 1.4x | 0.0x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 10.01% | 9.50% | 9.13% | 9.29% | 9.59% | -42 bps | |
| Total Risk-Based Capital | 14.76% | 13.45% | 13.15% | 13.51% | 13.87% | -90 bps | |
| Equity / Assets | 14.54% | 12.93% | 11.86% | 12.31% | 12.87% | -167 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 60.86% | 65.20% | 63.11% | 63.70% | 65.23% | +437 bps | |
| Liquid Assets / Assets | 0.18% | 0.28% | 4.80% | 4.81% | 5.00% | +482 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |