Durand, IL · Cert 17713
FDIC · 2 branches
Q4 2021
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2021, the quarter ended December 31, 2021, 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.
Durand, IL · Cert 17713
FDIC · 2 branches
Q4 2021
Market Position · Rockford, IL · 2021 SOD (annual) · 1.5% share · #13 of 23 inst. · $0.1B of $7.9B
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 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.64% | 0.77% | 0.69% | 0.62% | 0.61% | 0.64% | -0.13% | -0.11% | -73 bps | |
| Return on Equity | 5.84% | 6.97% | 6.21% | 5.62% | 5.86% | 6.13% | -1.16% | -0.95% | -658 bps | |
| Net Interest Margin | 2.86% | 2.76% | 2.58% | 2.41% | 2.50% | 2.39% | 2.44% | 2.41% | 0 bps | |
| Efficiency Ratio | 76.03% | 70.01% | 73.75% | 75.74% | 74.83% | 72.82% | 96.99% | 98.22% | +2,249 bps | |
| Non-Interest Burden | 2.09% | 1.84% | 1.83% | 1.75% | 1.80% | 1.67% | 2.26% | 2.27% | +52 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.83% | 11.65% | 11.90% | 13.69% | 23.00% | 11.19% | 17.28% | 12.66% | -103 bps | |
| Loan Growth (YoY) | -11.52% | -9.74% | -8.34% | -8.04% | -0.94% | -0.43% | -3.16% | 3.90% | +1,194 bps | |
| Deposit Growth (YoY) | 3.23% | 11.76% | 12.29% | 14.03% | 24.11% | 12.39% | 15.95% | 10.99% | -303 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.68% | 0.27% | 0.27% | 0.25% | +25 bps | |
| Net Charge-Offs / Loans | -0.08% | -0.08% | -0.06% | -0.04% | -0.04% | -0.03% | -0.02% | -0.02% | +2 bps | |
| Allowance / Loans | 1.27% | 1.26% | 1.30% | 1.31% | 1.31% | 1.28% | 0.36% | 0.34% | -97 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | 1.9x | 4.8x | 1.3x | 1.4x | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.38% | 11.12% | 10.78% | 10.39% | 10.17% | 9.80% | 9.36% | 9.19% | -120 bps | |
| Total Risk-Based Capital | 19.34% | 19.28% | 19.03% | 19.13% | 19.77% | 19.72% | 9.36% | 9.19% | -994 bps | |
| Equity / Assets | 10.76% | 11.15% | 11.03% | 10.89% | 9.91% | 10.37% | 12.15% | 12.28% | +139 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 61.63% | 58.27% | 55.27% | 53.52% | 49.19% | 51.63% | 46.16% | 50.10% | -342 bps | |
| Liquid Assets / Assets | 6.68% | 14.24% | 6.21% | 9.75% | 16.59% | 14.88% | 14.82% | 0.12% | -963 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |