Buffalo, MN · Cert 14948
FDIC
Q1 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2005, the quarter ended March 31, 2005, 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.
Buffalo, MN · Cert 14948
FDIC
Q1 2005
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 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.77% | 1.81% | 1.85% | 1.46% | 1.53% | 1.69% | 1.80% | 2.38% | +92 bps | |
| Return on Equity | 19.19% | 19.53% | 20.10% | 15.45% | 16.58% | 18.32% | 19.41% | 24.34% | +890 bps | |
| Net Interest Margin | 3.41% | 3.44% | 3.32% | 3.62% | 3.40% | 3.52% | 3.47% | 3.73% | +11 bps | |
| Efficiency Ratio | 63.01% | 62.97% | 61.76% | 64.79% | 61.85% | 58.78% | 57.67% | 50.41% | -1,438 bps | |
| Non-Interest Burden | 1.60% | 1.57% | 1.48% | 1.94% | 1.68% | 1.56% | 1.48% | 1.31% | -63 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.55% | -8.97% | 2.15% | 3.48% | 7.56% | 7.45% | 4.07% | 4.99% | +151 bps | |
| Loan Growth (YoY) | 5.15% | -18.43% | 7.66% | 3.45% | 13.56% | 17.99% | 21.06% | 22.62% | +1,917 bps | |
| Deposit Growth (YoY) | 8.20% | 3.97% | -2.92% | 3.28% | 8.84% | -2.11% | -0.69% | -12.16% | -1,544 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.01% | 0.02% | 0.02% | 0.00% | 0.01% | 0.31% | 0.22% | -0.01% | -1 bps | |
| Allowance / Loans | 1.44% | 1.43% | 1.40% | 1.52% | 1.47% | 1.30% | 1.30% | 1.33% | -19 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 13.57% | 13.50% | 13.05% | 13.98% | 13.00% | 12.70% | 12.37% | 13.40% | -57 bps | |
| Equity / Assets | 9.39% | 9.40% | 9.11% | 9.77% | 8.84% | 9.22% | 9.48% | 10.07% | +30 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 70.24% | 71.01% | 73.06% | 70.09% | 73.29% | 85.60% | 89.06% | 97.84% | +2,775 bps | |
| Liquid Assets / Assets | 1.98% | 2.21% | 1.55% | 3.45% | 0.33% | 0.11% | 0.01% | 0.01% | -344 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |