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Border State Bank

Roseau, MN · Cert 16777

FDIC

Q2 2003

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: Q2 2003, the quarter ended June 30, 2003, 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

Border State Bank

Roseau, MN · Cert 16777

FDIC

Q2 2003

$77.7MAssets
$63.4MLoans
$64.9MDeposits
$6.3MEquity
Loan mix
60%RE $19.2M39%C&I $12.5M0%Consumer $0.1MQ2 2002Q2 2003
Deposit mix
82%Interest-bearing $52.9M18%Noninterest $12.0MQ2 2002Q2 2003

NIM

8.09%Q2 ’017.11%Q2 ’026.73%Q2 ’03+12%+5%

Non-interest income vs. expense

3.78%Q2 ’013.86%Q2 ’023.65%Q2 ’03+2%-7%

Executive Summary

  • Earnings: ROA of 1.20%, up 14 bps year over year; NIM at 4.79%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.19%.
  • Funding: loans stand at 97.61% of deposits as of Q2 2003.

Financial Results

Return on Assets (YTD, annualized)

1.20%+14 bps YoY

Net Interest Margin (YTD, annualized)

4.79%+22 bps YoY

Efficiency Ratio (YTD, annualized)

62.05%-573 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2002Q3 2002Q4 2002Q1 2003Q2 2003YoY ΔTrend
Earnings
Return on Assets1.06%1.03%0.94%1.04%1.20%+14 bps
Return on Equity13.69%13.34%12.19%13.46%15.23%+154 bps
Net Interest Margin4.57%4.58%4.50%4.74%4.79%+22 bps
Efficiency Ratio67.78%65.64%66.11%65.02%62.05%-573 bps
Non-Interest Burden2.74%2.64%2.62%2.67%2.56%-18 bps
Growth
Asset Growth (YoY)10.03%12.19%9.46%11.21%10.92%+89 bps
Loan Growth (YoY)14.22%11.92%9.46%8.50%9.32%-490 bps
Deposit Growth (YoY)13.56%13.85%8.31%11.56%12.28%-128 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.05%0.11%0.28%0.01%0.19%+14 bps
Allowance / Loans0.85%0.96%0.99%1.11%0.99%+14 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital10.52%10.58%10.76%11.10%10.88%+36 bps
Equity / Assets7.83%7.56%7.72%7.80%8.05%+22 bps
Liquidity & Funding
Loans / Deposits100.26%98.05%98.58%93.15%97.61%-265 bps
Liquid Assets / Assets0.07%0.13%0.00%0.00%0.13%+6 bps
CRE / Total Capitaln/an/an/an/an/an/an/a