Gary, MN · Cert 16472
FDIC · 1 branch
Q2 2023
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.16% | 0.99% | 0.53% | 1.09% | 1.54% | 1.48% | 1.55% | 1.84% | +75 bps | |
| Return on Equity | 9.14% | 7.69% | 4.23% | 8.90% | 12.83% | 12.09% | 13.69% | 15.87% | +697 bps | |
| Net Interest Margin | 3.70% | 3.47% | 3.34% | 3.80% | 4.19% | 4.22% | 4.31% | 4.91% | +111 bps | |
| Efficiency Ratio | 73.16% | 78.57% | 83.05% | 69.19% | 60.00% | 65.18% | 59.07% | 55.20% | -1,399 bps | |
| Non-Interest Burden | 2.51% | 2.47% | 2.66% | 2.40% | 2.21% | 2.46% | 2.31% | 2.48% | +8 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 10.70% | 7.93% | 3.01% | 1.64% | 7.22% | 4.09% | 18.62% | -1.10% | -274 bps | |
| Loan Growth (YoY) | 1.12% | -1.47% | 3.18% | 2.53% | 5.60% | 5.84% | -1.49% | -0.99% | -353 bps | |
| Deposit Growth (YoY) | 12.43% | 9.17% | 2.52% | 2.59% | 8.90% | 4.89% | 22.22% | -2.96% | -554 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.22% | 0.02% | 0.06% | 0.06% | 0.00% | 0.00% | -2 bps | |
| Net Charge-Offs / Loans | -0.18% | 0.04% | 0.00% | -0.07% | 0.00% | -0.04% | -0.08% | 0.00% | +7 bps | |
| Allowance / Loans | 2.78% | 3.00% | 2.84% | 2.73% | 2.66% | 2.86% | 2.93% | 2.78% | +5 bps | |
| Allowance Coverage of NPLs | n/a | n/a | 12.7x | 153.5x | 43.9x | 51.3x | n/a | n/a | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 12.88% | 12.56% | 12.47% | 12.08% | 12.41% | 11.71% | 11.20% | 12.34% | +26 bps | |
| Total Risk-Based Capital | 22.01% | 24.10% | 22.17% | 20.34% | 20.44% | 22.92% | 22.45% | 22.38% | +204 bps | |
| Equity / Assets | 12.97% | 12.80% | 12.47% | 12.00% | 12.02% | 12.46% | 10.34% | 13.05% | +105 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 75.29% | 67.65% | 70.59% | 73.96% | 73.01% | 68.26% | 56.90% | 75.45% | +149 bps | |
| Liquid Assets / Assets | 28.98% | 37.70% | 34.76% | 31.96% | 33.17% | 38.33% | 44.91% | 32.36% | +40 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |