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 (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.28% | 1.71% | 1.25% | 0.69% | 1.11% | 0.79% | 1.01% | 0.78% | +9 bps | |
| Return on Equity | 8.14% | 10.59% | 7.75% | 4.56% | 8.06% | 6.41% | 8.37% | 6.22% | +166 bps | |
| Net Interest Margin | 3.40% | 3.25% | 3.25% | 3.10% | 3.19% | 3.21% | 3.17% | 2.83% | -27 bps | |
| Efficiency Ratio | 64.26% | 58.14% | 64.77% | 66.69% | 59.05% | 60.35% | 62.41% | 68.49% | +180 bps | |
| Non-Interest Burden | 1.76% | 1.31% | 1.69% | 1.62% | 1.44% | 1.57% | 1.72% | 1.63% | +1 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 129.41% | 121.51% | -9.18% | -3.28% | 2.74% | 4.71% | 2.80% | 1.98% | +526 bps | |
| Loan Growth (YoY) | 119.92% | 105.67% | -17.41% | -4.20% | 5.79% | 12.58% | 14.12% | 11.00% | +1,520 bps | |
| Deposit Growth (YoY) | 146.01% | 152.82% | -8.59% | 1.10% | 6.10% | 10.34% | 7.54% | 3.56% | +246 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.97% | 1.04% | 0.48% | 0.71% | 0.60% | 0.91% | 0.82% | 0.80% | +9 bps | |
| Net Charge-Offs / Loans | 0.16% | 0.00% | 0.09% | 1.16% | 0.08% | -0.03% | 0.08% | 0.02% | -114 bps | |
| Allowance / Loans | 1.47% | 1.34% | 1.17% | 1.02% | 0.94% | 1.13% | 1.12% | 1.11% | +9 bps | |
| Allowance Coverage of NPLs | 1.5x | 1.3x | 2.4x | 1.4x | 1.6x | 1.2x | 1.4x | 1.4x | 0.0x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.57% | 9.94% | 9.84% | 10.01% | 9.50% | 9.13% | 9.29% | 9.59% | -42 bps | |
| Total Risk-Based Capital | 14.98% | 15.77% | 15.48% | 14.76% | 13.45% | 13.15% | 13.51% | 13.87% | -90 bps | |
| Equity / Assets | 16.07% | 16.24% | 15.94% | 14.54% | 12.93% | 11.86% | 12.31% | 12.87% | -167 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 65.39% | 61.86% | 60.03% | 60.86% | 65.20% | 63.11% | 63.70% | 65.23% | +437 bps | |
| Liquid Assets / Assets | 0.20% | 0.49% | 0.15% | 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 | n/a | n/a | n/a |