Rockford, IL · Cert 18545
FDIC · 19 branches
Q2 2018
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2018, the quarter ended June 30, 2018, 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.
Rockford, IL · Cert 18545
FDIC · 19 branches
Q2 2018
Market Position · Rockford, IL · 2018 SOD (annual) · 17.7% share · #1 of 25 inst. · $1.1B of $6.2B
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 2016 | Q4 2016 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.18% | 1.20% | 1.22% | 1.27% | 1.32% | 1.36% | 0.54% | 1.64% | +36 bps | |
| Return on Equity | 13.13% | 13.49% | 14.08% | 14.86% | 15.34% | 15.79% | 4.96% | 13.70% | -116 bps | |
| Net Interest Margin | 2.87% | 2.89% | 3.03% | 3.05% | 3.10% | 3.17% | 1.12% | 2.79% | -26 bps | |
| Efficiency Ratio | 77.17% | 76.05% | 73.66% | 73.86% | 73.10% | 72.75% | 44.63% | 38.68% | -3,518 bps | |
| Non-Interest Burden | 1.81% | 1.76% | 1.72% | 1.77% | 1.77% | 1.79% | 0.37% | 0.56% | -121 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 4.52% | 3.49% | 1.43% | 2.64% | 0.66% | -0.49% | 6.42% | 2.94% | +29 bps | |
| Loan Growth (YoY) | 10.31% | 10.55% | 10.05% | 5.73% | 5.19% | 1.85% | -3.57% | -5.89% | -1,163 bps | |
| Deposit Growth (YoY) | 3.23% | 2.40% | 1.89% | 3.33% | 0.77% | -0.42% | 0.50% | -2.53% | -586 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.36% | 0.43% | 0.53% | 0.46% | 0.03% | 0.03% | -40 bps | |
| Net Charge-Offs / Loans | 0.04% | 0.08% | 0.00% | 0.01% | 0.02% | 0.40% | 0.00% | -0.01% | -2 bps | |
| Allowance / Loans | 1.26% | 1.21% | 1.22% | 1.18% | 1.17% | 0.78% | 0.00% | 0.00% | -118 bps | |
| Allowance Coverage of NPLs | n/a | n/a | 3.4x | 2.8x | 2.2x | 1.7x | 0.0x | 0.1x | -2.6x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.37% | 8.63% | 8.63% | 8.37% | 8.54% | 8.63% | 7.67% | 8.14% | -23 bps | |
| Total Risk-Based Capital | 12.52% | 12.67% | 12.60% | 12.31% | 12.64% | 12.48% | 11.03% | 11.81% | -51 bps | |
| Equity / Assets | 8.87% | 8.67% | 8.63% | 8.43% | 8.72% | 8.68% | 13.04% | 13.88% | +546 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 71.20% | 73.49% | 73.53% | 72.92% | 74.32% | 75.17% | 70.55% | 70.40% | -252 bps | |
| Liquid Assets / Assets | 3.00% | 0.89% | 0.82% | 2.07% | 1.02% | 1.08% | 5.30% | 4.28% | +222 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |