Cortez, CO · Cert 15642
FDIC
Q3 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2013, the quarter ended September 30, 2013, 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.
Cortez, CO · Cert 15642
FDIC
Q3 2013
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 2011 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.57% | 0.27% | 0.23% | 0.31% | 0.22% | 0.18% | 0.19% | -0.37% | -68 bps | |
| Return on Equity | 5.12% | 2.31% | 1.93% | 2.62% | 1.84% | 1.57% | 1.64% | -3.20% | -582 bps | |
| Net Interest Margin | 3.18% | 2.91% | 2.95% | 3.05% | 3.07% | 2.92% | 3.06% | 3.17% | +12 bps | |
| Efficiency Ratio | 77.02% | 88.62% | 91.64% | 87.66% | 91.09% | 93.65% | 92.75% | 96.92% | +926 bps | |
| Non-Interest Burden | 2.24% | 2.49% | 2.63% | 2.58% | 2.72% | 2.68% | 2.78% | 3.05% | +47 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -4.38% | -1.46% | -2.46% | -5.04% | -0.50% | 3.53% | 0.89% | 0.94% | +598 bps | |
| Loan Growth (YoY) | -15.10% | -15.48% | -11.79% | -11.58% | -6.31% | 3.48% | 2.31% | 4.46% | +1,605 bps | |
| Deposit Growth (YoY) | -6.19% | -0.28% | -2.40% | -3.11% | 0.64% | 2.51% | 1.23% | 1.19% | +430 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 | 0.54% | -0.01% | 0.80% | 0.55% | 0.44% | 0.57% | 0.19% | 0.32% | -23 bps | |
| Allowance / Loans | 2.56% | 2.66% | 2.22% | 2.30% | 2.30% | 2.03% | 2.08% | 1.98% | -32 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 | 20.80% | 20.55% | 19.75% | 20.52% | 20.50% | 19.25% | 19.43% | 19.05% | -147 bps | |
| Equity / Assets | 11.79% | 11.59% | 11.71% | 12.04% | 12.05% | 11.38% | 11.66% | 11.63% | -41 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 74.65% | 69.94% | 71.74% | 70.35% | 69.50% | 70.60% | 72.50% | 72.63% | +228 bps | |
| Liquid Assets / Assets | 11.75% | 15.26% | 18.23% | 18.46% | 18.44% | 17.48% | 18.61% | 18.53% | +7 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |