Fort Dodge, IA · Cert 14808
FDIC · 10 branches
Q4 2019
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2019, the quarter ended December 31, 2019, 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.
Fort Dodge, IA · Cert 14808
FDIC · 10 branches
Q4 2019
Market Position · Des Moines-West Des Moines, IA · 2019 SOD (annual) · 1.8% share · #10 of 55 inst. · $0.4B of $20.5B
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 2018 | Q2 2018 | Q3 2018 | Q4 2018 | Q1 2019 | Q2 2019 | Q3 2019 | Q4 2019 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.56% | 0.65% | 0.94% | 0.98% | 0.49% | 4.26% | 3.02% | 4.58% | +360 bps | |
| Return on Equity | 5.60% | 6.50% | 9.29% | 9.56% | 4.56% | 36.18% | 24.53% | 34.37% | +2,481 bps | |
| Net Interest Margin | 2.67% | 2.49% | 2.70% | 2.60% | 2.52% | 2.45% | 2.54% | 2.55% | -6 bps | |
| Efficiency Ratio | 84.96% | 81.12% | 78.41% | 76.82% | 84.28% | 40.70% | 48.32% | 38.87% | -3,795 bps | |
| Non-Interest Burden | 2.15% | 1.89% | 1.93% | 1.80% | 2.01% | -1.59% | -0.59% | -2.00% | -380 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.15% | 3.00% | -0.07% | 0.85% | 3.50% | -10.03% | -6.76% | -29.39% | -3,024 bps | |
| Loan Growth (YoY) | 3.63% | -0.80% | 1.55% | 0.70% | 1.21% | -16.98% | -17.03% | -64.58% | -6,528 bps | |
| Deposit Growth (YoY) | 9.35% | 12.32% | 8.55% | 4.17% | 2.26% | -12.12% | -7.14% | -29.20% | -3,337 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.25% | 1.84% | 0.21% | 0.20% | 0.19% | 0.19% | 0.17% | 0.14% | -5 bps | |
| Net Charge-Offs / Loans | -0.03% | -0.08% | -0.06% | -0.08% | -0.01% | 0.01% | -0.03% | -0.17% | -9 bps | |
| Allowance / Loans | 1.52% | 1.56% | 1.31% | 1.28% | 1.27% | 1.34% | 1.38% | 1.25% | -3 bps | |
| Allowance Coverage of NPLs | 6.1x | 0.8x | 6.3x | 6.5x | 6.6x | 6.9x | 8.3x | 8.7x | +2.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.77% | 9.92% | 10.96% | 10.89% | 11.02% | 12.65% | 14.09% | 15.89% | +500 bps | |
| Total Risk-Based Capital | 18.43% | 18.32% | 19.01% | 19.08% | 19.10% | 27.04% | 27.80% | 51.91% | +3,283 bps | |
| Equity / Assets | 10.15% | 10.00% | 10.48% | 10.57% | 10.74% | 14.28% | 14.11% | 18.68% | +811 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 77.20% | 74.50% | 76.49% | 76.40% | 76.42% | 70.38% | 68.34% | 38.22% | -3,818 bps | |
| Liquid Assets / Assets | 6.63% | 11.67% | 12.30% | 13.90% | 15.02% | 21.81% | 27.12% | 44.38% | +3,048 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |