Watertown, SD · Cert 15289
FDIC · 175 branches
Q4 2021
Market Position · Omaha-Council Bluffs, NE-IA · 2021 SOD (annual) · 4.4% share · #6 of 72 inst. · $1.6B of $36.8B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -23.38% | 0.27% | 0.45% | 1.38% | 1.66% | 1.86% | 1.66% | 1.28% | -10 bps | |
| Return on Equity | -185.72% | 2.80% | 4.72% | 14.80% | 18.60% | 20.24% | 17.23% | 13.02% | -178 bps | |
| Net Interest Margin | 3.23% | 3.39% | 3.36% | 3.43% | 3.24% | 2.99% | 2.90% | 2.86% | -58 bps | |
| Efficiency Ratio | 59.43% | 66.75% | 75.17% | 44.64% | 46.89% | 49.80% | 55.56% | 52.70% | +806 bps | |
| Non-Interest Burden | 25.11% | 2.42% | 2.66% | 1.31% | 1.25% | 1.19% | 1.39% | 1.25% | -6 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -3.42% | -0.12% | -1.46% | -0.30% | 5.01% | 0.97% | 2.52% | 4.14% | +443 bps | |
| Loan Growth (YoY) | -0.80% | 4.32% | 3.81% | -1.12% | -7.04% | -17.80% | -18.77% | -14.54% | -1,341 bps | |
| Deposit Growth (YoY) | -3.10% | 8.51% | 6.64% | 12.24% | 13.57% | 3.38% | 2.66% | 3.34% | -890 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 2.24% | 2.66% | 3.23% | 3.07% | 3.16% | 2.48% | 2.42% | 1.96% | -111 bps | |
| Net Charge-Offs / Loans | 0.36% | 0.37% | 0.60% | 1.28% | 0.35% | 0.25% | 0.20% | 0.48% | -80 bps | |
| Allowance / Loans | 1.40% | 1.44% | 1.49% | 3.24% | 3.28% | 3.19% | 3.01% | 2.91% | -34 bps | |
| Allowance Coverage of NPLs | 0.6x | 0.5x | 0.5x | 1.1x | 1.0x | 1.3x | 1.2x | 1.5x | +0.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.21% | 9.23% | 9.32% | 9.69% | 9.98% | 10.14% | 10.59% | 10.68% | +99 bps | |
| Total Risk-Based Capital | 12.52% | 12.47% | 12.96% | 13.92% | 14.76% | 15.64% | 16.10% | 16.24% | +233 bps | |
| Equity / Assets | 9.89% | 9.47% | 9.76% | 8.87% | 8.95% | 9.44% | 9.87% | 9.73% | +86 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 94.93% | 92.18% | 91.23% | 83.44% | 77.71% | 73.29% | 72.18% | 69.00% | -1,443 bps | |
| Liquid Assets / Assets | 1.46% | 1.14% | 2.28% | 6.54% | 9.50% | 13.82% | 13.78% | 16.30% | +976 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |