Dubuque, IA · Cert 15219
FDIC · 10 branches
Q3 2023
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2023, the quarter ended September 30, 2023, 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.
Dubuque, IA · Cert 15219
FDIC · 10 branches
Q3 2023
Market Position · Dubuque, IA · 2023 SOD (annual) · 45.6% share · #1 of 9 inst. · $1.7B of $3.7B
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 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.28% | 1.15% | 1.31% | 1.32% | 1.30% | 1.02% | 1.21% | 1.10% | -22 bps | |
| Return on Equity | 14.31% | 16.21% | 19.46% | 20.86% | 21.14% | 18.18% | 20.48% | 18.24% | -262 bps | |
| Net Interest Margin | 2.44% | 2.41% | 2.34% | 2.52% | 2.66% | 2.67% | 2.54% | 2.52% | +1 bps | |
| Efficiency Ratio | 59.29% | 64.24% | 59.31% | 58.32% | 58.62% | 59.98% | 57.70% | 59.56% | +125 bps | |
| Non-Interest Burden | 0.87% | 1.06% | 0.82% | 0.90% | 1.03% | 1.30% | 0.94% | 1.03% | +13 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 20.64% | 18.63% | 8.07% | 7.98% | -5.69% | -7.90% | -9.43% | -11.45% | -1,943 bps | |
| Loan Growth (YoY) | 2.22% | 9.78% | 10.63% | 10.17% | 4.25% | -6.68% | -9.29% | -10.04% | -2,021 bps | |
| Deposit Growth (YoY) | 20.12% | 14.56% | 26.61% | 8.21% | 1.03% | 7.82% | -7.81% | -6.96% | -1,517 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.57% | 1.15% | 0.80% | 0.71% | 0.63% | 0.57% | 1.26% | 0.95% | +25 bps | |
| Net Charge-Offs / Loans | 0.06% | 0.83% | 0.39% | 0.27% | 0.22% | 0.03% | 0.08% | 0.08% | -20 bps | |
| Allowance / Loans | 1.14% | 0.92% | 0.83% | 0.81% | 0.82% | 0.85% | 0.82% | 0.85% | +4 bps | |
| Allowance Coverage of NPLs | 0.7x | 0.8x | 1.0x | 1.1x | 1.3x | 1.5x | 0.7x | 0.9x | -0.3x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.02% | 8.27% | 7.61% | 7.87% | 8.08% | 8.44% | 8.98% | 9.66% | +180 bps | |
| Total Risk-Based Capital | 13.07% | 13.08% | 12.66% | 12.56% | 13.01% | 13.93% | 15.13% | 15.94% | +337 bps | |
| Equity / Assets | 7.76% | 6.46% | 5.95% | 5.08% | 5.37% | 5.86% | 6.50% | 6.41% | +132 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 55.21% | 58.21% | 56.47% | 56.10% | 56.98% | 50.37% | 55.57% | 54.25% | -186 bps | |
| Liquid Assets / Assets | 11.09% | 16.61% | 6.05% | 6.56% | 4.74% | 6.25% | 6.59% | 8.73% | +218 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |