Laurens, IA · Cert 15320
FDIC · 3 branches
Q2 2021
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2021, the quarter ended June 30, 2021, 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.
Laurens, IA · Cert 15320
FDIC · 3 branches
Q2 2021
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 | Q3 2019 | Q4 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.21% | 1.35% | 1.22% | 1.13% | 1.04% | 0.92% | 1.39% | -0.10% | -123 bps | |
| Return on Equity | 10.38% | 11.57% | 10.11% | 9.40% | 8.74% | 7.83% | 13.54% | -1.06% | -1,046 bps | |
| Net Interest Margin | 2.98% | 2.82% | 2.71% | 2.69% | 2.53% | 2.33% | 2.69% | 2.17% | -51 bps | |
| Efficiency Ratio | 60.84% | 59.95% | 58.98% | 61.02% | 62.16% | 65.11% | 53.30% | 106.27% | +4,525 bps | |
| Non-Interest Burden | 1.69% | 1.55% | 1.47% | 1.54% | 1.48% | 1.43% | 1.34% | 2.32% | +79 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.91% | 1.37% | 2.11% | 5.75% | 9.32% | 9.72% | 22.94% | 22.36% | +1,661 bps | |
| Loan Growth (YoY) | -7.72% | -7.73% | -5.70% | -3.05% | -2.98% | -2.61% | -7.65% | -9.37% | -632 bps | |
| Deposit Growth (YoY) | 0.14% | 0.24% | 1.19% | 5.81% | 10.09% | 10.93% | 27.08% | 26.24% | +2,043 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% | 0.07% | 0.04% | 0.02% | 0.01% | -0.02% | -0.01% | -4 bps | |
| Allowance / Loans | 1.24% | 1.24% | 1.27% | 1.25% | 1.26% | 1.26% | 1.39% | 1.38% | +14 bps | |
| Allowance Coverage of NPLs | 349.0x | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 12.21% | 12.00% | 11.92% | 11.66% | 11.54% | 11.01% | 10.35% | 9.05% | -262 bps | |
| Total Risk-Based Capital | 25.67% | 25.94% | 11.92% | 11.66% | 11.54% | 11.01% | 10.35% | 9.05% | -262 bps | |
| Equity / Assets | 12.13% | 11.94% | 12.21% | 11.91% | 11.57% | 11.04% | 9.54% | 9.01% | -290 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 47.58% | 44.52% | 44.14% | 43.76% | 41.93% | 39.08% | 32.08% | 31.41% | -1,234 bps | |
| Liquid Assets / Assets | 15.59% | 19.78% | 21.53% | 39.46% | 32.53% | 30.36% | 33.01% | 31.62% | -784 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |