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Titonka Savings Bank

Titonka, IA · Cert 17302

FDIC · 3 branches

Q2 2021

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 2021, the quarter ended June 30, 2021, 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

Titonka Savings Bank

Titonka, IA · Cert 17302

FDIC · 3 branches

Q2 2021

$196.8MAssets
$90.3MLoans
$171.5MDeposits
$19.5MEquity
Loan mix
76%RE $47.9M20%C&I $12.5M4%Consumer $2.7MQ2 2020Q2 2021
Deposit mix
80%Interest-bearing $136.9M20%Noninterest $34.6MQ2 2020Q2 2021

NIM

3.63%Q2 ’193.33%Q2 ’202.99%Q2 ’210%+23%

Non-interest income vs. expense

2.45%Q2 ’192.51%Q2 ’201.71%Q2 ’21+1%-34%

Executive Summary

  • Earnings: ROA of 1.80%, up 104 bps year over year; NIM at 3.29%.
  • Asset quality: problem loans at 0.61% of loans (-230 bps YoY), with net recoveries of 0.02%.
  • Capital: tier 1 leverage ratio of 7.43%, down 404 bps from a year ago.
  • Funding: loans stand at 52.68% of deposits as of Q2 2021.

Financial Results

Return on Assets (YTD, annualized)

1.80%+104 bps YoY

Net Interest Margin (YTD, annualized)

3.29%+62 bps YoY

Efficiency Ratio (YTD, annualized)

48.00%-3,276 bps YoY

Tier 1 Leverage Ratio

7.43%-404 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2020Q3 2020Q4 2020Q1 2021Q2 2021YoY ΔTrend
Earnings
Return on Assets0.76%10.70%1-0.05%0.99%1.80%+104 bps
Return on Equity6.58%6.10%-0.45%10.72%19.09%+1,250 bps
Net Interest Margin2.67%2.70%0.13%2.46%3.29%+62 bps
Efficiency Ratio80.76%78.30%126.77%62.76%48.00%-3,276 bps
Non-Interest Burden2.08%2.02%0.18%1.38%1.36%-71 bps
Growth
Asset Growth (YoY)6.26%8.62%1.86%11.23%6.42%+15 bps
Loan Growth (YoY)6.14%1.51%4.99%-2.74%-5.45%-1,159 bps
Deposit Growth (YoY)4.98%7.26%5.69%19.17%12.43%+745 bps
Asset Quality
Nonperforming Loans / Loans2.92%2.44%0.74%0.39%0.61%-230 bps
Net Charge-Offs / Loans0.51%0.37%0.00%-0.01%-0.02%-53 bps
Allowance / Loans1.84%2.00%0.00%0.01%0.01%-183 bps
Allowance Coverage of NPLs0.6x0.8x0.0x0.0x0.0x-0.6x
Capital
Tier 1 Leverage Ratio11.47%11.28%8.29%8.38%7.43%-404 bps
Total Risk-Based Capital20.88%21.23%14.82%15.58%15.33%-554 bps
Equity / Assets12.04%11.29%9.71%8.73%9.92%-212 bps
Liquidity & Funding
Loans / Deposits62.64%55.38%58.49%49.25%52.68%-996 bps
Liquid Assets / Assets0.04%0.03%0.04%2.90%0.19%+15 bps
CRE / Total Capitaln/an/an/an/an/an/an/a