PackageTrendsPeer
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Lakeside State Bank

New Town, ND · Cert 17165

FDIC · 5 branches

Q4 2014

$442.2MAssets
$156.3MLoans
$415.9MDeposits
$25.5MEquity
Loan mix
48%RE $39.5M36%C&I $29.4M16%Consumer $12.7MQ1 2013Q4 2014
Deposit mix
70%Interest-bearing $293.0M30%Noninterest $122.9MQ1 2013Q4 2014

Executive Summary

  • Earnings: ROA of 1.33%, down 10 bps year over year; NIM at 2.41%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
  • Funding: loans stand at 37.59% of deposits as of Q4 2014.

Return on Assets (quarter, annualized)

1.33%-10 bps YoY

Net Interest Margin (quarter, annualized)

2.41%+11 bps YoY

Efficiency Ratio (quarter, annualized)

46.09%+511 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

2.63%Q4 ’122.46%Q4 ’132.54%Q4 ’14-5%+5%

Non-interest income vs. expense

1.45%Q4 ’121.07%Q4 ’131.24%Q4 ’14-26%+23%

Discrete quarter, annualized.

MetricQ1 2013Q2 2013Q3 2013Q4 2013Q1 2014Q2 2014Q3 2014Q4 2014YoY ΔTrend
Earnings
Return on Assets1.03%1.32%0.95%1.43%1.26%1.59%1.74%1.33%-10 bps
Return on Equity14.84%20.33%15.34%23.61%20.99%26.37%28.87%22.67%-94 bps
Net Interest Margin2.10%2.13%2.27%2.30%2.18%2.44%2.52%2.41%+11 bps
Efficiency Ratio51.74%49.21%42.38%40.98%44.06%37.36%35.49%46.09%+511 bps
Non-Interest Burden0.96%0.91%0.91%0.82%0.86%0.80%0.75%1.01%+19 bps
Growth
Asset Growth (YoY)28.08%26.92%30.59%25.53%19.79%27.48%26.50%27.72%+219 bps
Loan Growth (YoY)20.04%19.19%23.35%25.99%29.28%30.27%41.40%39.21%+1,322 bps
Deposit Growth (YoY)31.00%31.20%33.64%27.56%20.79%28.06%26.65%28.11%+54 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.03%0.06%-0.07%0.01%-0.16%0.00%0.23%-0.01%-2 bps
Allowance / Loans0.87%0.84%1.11%1.10%1.15%1.09%0.92%0.96%-14 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital15.28%14.97%14.82%14.81%14.88%14.28%13.02%13.13%-168 bps
Equity / Assets6.58%6.43%6.04%6.07%5.95%6.08%5.99%5.77%-30 bps
Liquidity & Funding
Loans / Deposits31.10%34.99%34.35%34.60%33.28%35.59%38.35%37.59%+300 bps
Liquid Assets / Assets26.40%21.37%21.94%23.93%26.04%26.00%24.32%29.54%+561 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a