Philipsburg, MT · Cert 15744
FDIC · 3 branches
Q1 2023
Board Package
Performance Trends and Peer Comparison
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.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Philipsburg, MT · Cert 15744
FDIC · 3 branches
Q1 2023
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 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.77% | 0.65% | 0.61% | 0.26% | 1.43% | 1.30% | 1.39% | 1.24% | +98 bps | |
| Return on Equity | 10.56% | 9.03% | 8.61% | 3.89% | 21.51% | 19.27% | 20.24% | 16.09% | +1,220 bps | |
| Net Interest Margin | 2.49% | 2.26% | 2.11% | 1.84% | 2.02% | 2.31% | 2.73% | 4.02% | +218 bps | |
| Efficiency Ratio | 66.05% | 69.17% | 73.13% | 84.11% | 48.30% | 51.18% | 50.40% | 58.27% | -2,583 bps | |
| Non-Interest Burden | 1.54% | 1.47% | 1.46% | 1.50% | 0.08% | 0.56% | 0.86% | 2.20% | +70 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 35.14% | 26.21% | 21.00% | 15.68% | 2.64% | -1.04% | -1.73% | -5.15% | -2,083 bps | |
| Loan Growth (YoY) | -12.71% | -13.65% | -9.27% | -11.73% | -9.65% | -3.18% | -1.39% | 1.18% | +1,291 bps | |
| Deposit Growth (YoY) | 38.06% | 28.15% | 22.67% | 17.43% | 2.54% | -1.52% | -2.56% | -7.23% | -2,466 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.02% | 1.05% | 1.08% | 0.72% | 0.53% | 0.81% | 0.51% | 0.45% | -27 bps | |
| Net Charge-Offs / Loans | -0.03% | -0.03% | -0.03% | -0.03% | -0.03% | -0.02% | -0.02% | -0.03% | 0 bps | |
| Allowance / Loans | 1.54% | 1.62% | 1.44% | 1.47% | 1.46% | 1.44% | 1.49% | 1.48% | +1 bps | |
| Allowance Coverage of NPLs | 1.5x | 1.5x | 1.3x | 2.0x | 2.8x | 1.8x | 2.9x | 3.3x | +1.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 7.09% | 6.94% | 6.68% | 6.97% | 7.57% | 7.75% | 8.04% | 8.61% | +164 bps | |
| Total Risk-Based Capital | 22.71% | 21.76% | 23.30% | 22.78% | 24.78% | 24.71% | 25.79% | 26.68% | +390 bps | |
| Equity / Assets | 6.76% | 6.73% | 6.88% | 6.30% | 6.79% | 7.01% | 7.50% | 7.90% | +159 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 38.84% | 36.20% | 35.73% | 33.45% | 34.22% | 35.59% | 36.16% | 36.48% | +303 bps | |
| Liquid Assets / Assets | 50.22% | 52.00% | 51.91% | 53.20% | 52.26% | 52.38% | 51.14% | 52.46% | -74 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |