East Grand Forks, MN · Cert 19180
FDIC
Q3 2009
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2009, the quarter ended September 30, 2009, 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.
East Grand Forks, MN · Cert 19180
FDIC
Q3 2009
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 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.22% | 2.18% | 2.10% | 2.11% | 2.07% | 1.61% | 1.56% | 1.45% | -66 bps | |
| Return on Equity | 19.68% | 19.69% | 19.09% | 19.02% | 18.70% | 14.85% | 14.46% | 13.33% | -569 bps | |
| Net Interest Margin | 4.28% | 4.26% | 4.12% | 4.19% | 4.05% | 3.72% | 3.71% | 3.73% | -47 bps | |
| Efficiency Ratio | 57.10% | 56.81% | 57.48% | 56.75% | 56.44% | 63.85% | 64.32% | 64.97% | +822 bps | |
| Non-Interest Burden | 2.03% | 2.01% | 1.95% | 1.93% | 1.82% | 2.05% | 2.04% | 2.07% | +14 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.87% | 2.37% | 2.26% | 0.18% | 2.26% | 3.63% | 5.01% | 6.24% | +606 bps | |
| Loan Growth (YoY) | 4.87% | 1.40% | 1.65% | 2.56% | 6.13% | 7.61% | 3.49% | -4.23% | -679 bps | |
| Deposit Growth (YoY) | 0.69% | 3.81% | 2.69% | 1.23% | 1.75% | 1.95% | 5.06% | 7.18% | +595 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.00% | -0.01% | -0.01% | 0.00% | 0.04% | 0.01% | 0.05% | 0.16% | +17 bps | |
| Allowance / Loans | 1.13% | 1.20% | 1.17% | 1.16% | 1.23% | 1.29% | 1.35% | 1.42% | +26 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 11.33% | 10.10% | 10.72% | 10.88% | 10.99% | 10.56% | 11.04% | 11.38% | +49 bps | |
| Equity / Assets | 11.43% | 10.69% | 10.82% | 11.36% | 11.03% | 10.70% | 10.70% | 10.99% | -37 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 81.91% | 80.41% | 82.96% | 90.49% | 85.43% | 84.88% | 81.72% | 80.85% | -963 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.41% | 0.57% | 0.93% | 0.85% | +85 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |