Sioux Falls, SD · Cert 16100
FDIC
Q3 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2006, the quarter ended September 30, 2006, 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.
Sioux Falls, SD · Cert 16100
FDIC
Q3 2006
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 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 4.66% | 4.60% | 5.16% | 4.98% | 3.98% | 3.75% | 3.87% | 4.08% | -90 bps | |
| Return on Equity | 24.28% | 21.45% | 23.96% | 26.39% | 23.27% | 33.26% | 33.62% | 35.84% | +945 bps | |
| Net Interest Margin | 6.28% | 7.76% | 7.33% | 6.74% | 5.26% | 5.19% | 4.70% | 4.88% | -186 bps | |
| Efficiency Ratio | 56.76% | 55.89% | 54.04% | 54.85% | 57.17% | 58.44% | 58.69% | 57.49% | +264 bps | |
| Non-Interest Burden | -2.50% | -1.65% | -2.76% | -2.77% | -2.23% | -2.68% | -3.03% | -3.18% | -42 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.87% | 10.63% | 19.72% | 21.61% | 19.85% | 17.60% | 16.35% | 6.18% | -1,543 bps | |
| Loan Growth (YoY) | 17.77% | 15.23% | 17.01% | 17.72% | 19.59% | 20.32% | 21.57% | 11.28% | -644 bps | |
| Deposit Growth (YoY) | 30.70% | 4.50% | -7.56% | -3.11% | -15.44% | 35.25% | 41.85% | 17.62% | +2,073 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 | 2.40% | 2.49% | 2.38% | 2.11% | 2.27% | 2.29% | 2.12% | 2.07% | -3 bps | |
| Allowance / Loans | 2.03% | 1.95% | 1.77% | 1.76% | 1.74% | 1.66% | 1.57% | 1.52% | -25 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 | 19.38% | 19.41% | 19.63% | 13.87% | 12.48% | 13.20% | 13.59% | 12.75% | -112 bps | |
| Equity / Assets | 20.92% | 21.98% | 21.63% | 12.26% | 10.73% | 11.83% | 11.99% | 10.98% | -128 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 329% | 400% | 459% | 434% | 465% | 356% | 393% | 410% | -2,337 bps | |
| Liquid Assets / Assets | 0.01% | 0.01% | 0.01% | 0.01% | 0.02% | 0.05% | 0.04% | 0.04% | +3 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |