Piqua, KS · Cert 18089
FDIC · 2 branches
Q2 2023
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2023, the quarter ended June 30, 2023, 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.
Piqua, KS · Cert 18089
FDIC · 2 branches
Q2 2023
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 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.45% | 0.24% | 0.45% | 0.27% | 0.17% | 0.13% | -0.05% | -0.27% | -54 bps | |
| Return on Equity | 4.50% | 2.40% | 4.88% | 3.18% | 2.12% | 1.59% | -0.59% | -3.25% | -644 bps | |
| Net Interest Margin | 2.50% | 2.44% | 2.33% | 2.35% | 2.45% | 2.54% | 2.61% | 2.70% | +35 bps | |
| Efficiency Ratio | 86.68% | 92.91% | 85.02% | 90.61% | 93.69% | 95.35% | 100.34% | 102.84% | +1,223 bps | |
| Non-Interest Burden | 2.08% | 2.22% | 1.89% | 2.08% | 2.26% | 2.39% | 2.63% | 2.80% | +73 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 16.14% | 11.80% | 5.66% | 0.55% | -2.17% | -3.71% | -9.68% | -18.47% | -1,902 bps | |
| Loan Growth (YoY) | -13.04% | -18.58% | -8.36% | -7.96% | -9.13% | -0.35% | -8.99% | -9.66% | -170 bps | |
| Deposit Growth (YoY) | 18.13% | 13.74% | 8.07% | 2.62% | -2.15% | -3.04% | -13.80% | -24.11% | -2,673 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 4.64% | 1.56% | 0.79% | 0.43% | 0.00% | 0.00% | 2.00% | 3.06% | +263 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.01% | -0.67% | -0.36% | -0.24% | -0.10% | -0.61% | -0.31% | +5 bps | |
| Allowance / Loans | 3.78% | 4.24% | 4.27% | 4.32% | 4.34% | 4.36% | 4.77% | 4.85% | +53 bps | |
| Allowance Coverage of NPLs | 0.8x | 2.7x | 5.4x | 10.1x | n/a | n/a | 2.4x | 1.6x | -8.5x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.73% | 9.59% | 9.74% | 9.74% | 10.06% | 10.35% | 10.74% | 11.00% | +126 bps | |
| Total Risk-Based Capital | 33.89% | 30.63% | 30.08% | 29.30% | 30.07% | 29.58% | 33.03% | 11.00% | -1,830 bps | |
| Equity / Assets | 9.71% | 9.79% | 8.48% | 7.37% | 7.38% | 7.88% | 8.26% | 8.53% | +116 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 33.10% | 30.79% | 30.22% | 27.84% | 30.74% | 31.64% | 31.91% | 33.14% | +530 bps | |
| Liquid Assets / Assets | 39.08% | 43.51% | 43.21% | 40.23% | 39.33% | 40.99% | 40.59% | 42.36% | +213 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |