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Flint Creek Valley Bank

Philipsburg, MT · Cert 15744

FDIC · 3 branches

Q1 2023

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2023, the quarter ended March 31, 2023, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Flint Creek Valley Bank

Philipsburg, MT · Cert 15744

FDIC · 3 branches

Q1 2023

$130.4MAssets
$43.2MLoans
$118.3MDeposits
$10.3MEquity
Loan mix
70%RE $25.6M23%C&I $8.3M7%Consumer $2.6MQ1 2022Q1 2023
Deposit mix
43%Interest-bearing $50.8M57%Noninterest $67.5MQ1 2022Q1 2023

NIM

2.83%Q1 ’211.86%Q1 ’224.08%Q1 ’23-34%+118%

Non-interest income vs. expense

2.07%Q1 ’211.81%Q1 ’222.54%Q1 ’23-14%+47%

Executive Summary

  • Earnings: ROA of 1.24%, up 98 bps year over year; NIM at 4.02%.
  • Asset quality: problem loans at 0.45% of loans (-27 bps YoY), with net recoveries of 0.03%.
  • Capital: tier 1 leverage ratio of 8.61%, up 164 bps from a year ago.
  • Funding: loans stand at 36.48% of deposits as of Q1 2023.

Financial Results

Return on Assets (YTD, annualized)

1.24%+98 bps YoY

Net Interest Margin (YTD, annualized)

4.02%+218 bps YoY

Efficiency Ratio (YTD, annualized)

58.27%-2,583 bps YoY

Tier 1 Leverage Ratio

8.61%+164 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2022Q2 2022Q3 2022Q4 2022Q1 2023YoY ΔTrend
Earnings
Return on Assets0.26%1.43%1.30%1.39%1.24%+98 bps
Return on Equity3.89%21.51%19.27%20.24%16.09%+1,220 bps
Net Interest Margin1.84%2.02%2.31%2.73%4.02%+218 bps
Efficiency Ratio84.11%48.30%51.18%50.40%58.27%-2,583 bps
Non-Interest Burden1.50%0.08%0.56%0.86%2.20%+70 bps
Growth
Asset Growth (YoY)15.68%2.64%-1.04%-1.73%-5.15%-2,083 bps
Loan Growth (YoY)-11.73%-9.65%-3.18%-1.39%1.18%+1,291 bps
Deposit Growth (YoY)17.43%2.54%-1.52%-2.56%-7.23%-2,466 bps
Asset Quality
Nonperforming Loans / Loans0.72%0.53%0.81%0.51%0.45%-27 bps
Net Charge-Offs / Loans-0.03%-0.03%-0.02%-0.02%-0.03%0 bps
Allowance / Loans1.47%1.46%1.44%1.49%1.48%+1 bps
Allowance Coverage of NPLs2.0x2.8x1.8x2.9x3.3x+1.2x
Capital
Tier 1 Leverage Ratio6.97%7.57%7.75%8.04%8.61%+164 bps
Total Risk-Based Capital22.78%24.78%24.71%25.79%26.68%+390 bps
Equity / Assets6.30%6.79%7.01%7.50%7.90%+159 bps
Liquidity & Funding
Loans / Deposits33.45%34.22%35.59%36.16%36.48%+303 bps
Liquid Assets / Assets53.20%52.26%52.38%51.14%52.46%-74 bps
CRE / Total Capitaln/an/an/an/an/an/an/a