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First Minnetonka City State Bank

Minnetonka, MN · Cert 19188 · Peer group: banks under $1B in assets in the Minneapolis-St. Paul-Bloomington, MN-WI area (n=58)

FDIC · 2 branches

Q3 2024

$241.1MAssets
$129.3MLoans
$215.5MDeposits
$21.1MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 66% of banks under $1B in assets in the Minneapolis-St. Paul-Bloomington, MN-WI area (rank 21 of 58).
  • Widest gap: return on assets trails 90% of banks under $1B in assets in the Minneapolis-St. Paul-Bloomington, MN-WI area (rank 52 of 58).
  • Overall: at or above the peer median on 2 of 9 directional measures.

Return on Assets

0.41%

Rank 52 of 58

Net Interest Margin

2.51%

Rank 51 of 58

Efficiency Ratio

83.66%

Rank 52 of 58

Equity / Assets

8.77%

Rank 29 of 58

Non-interest income vs. expense

$1.5M$6.4MINCOMEEXPENSE
Unfavorable gap of $5.0M · efficiency ratio beats 12% of banks under $1B in assets in the Minneapolis-St. Paul-Bloomington, MN-WI area
Bank 83.66%Peer median 70.8%Q2 2024Q3 2024Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets0.41%0.52%0.70%1.05%Beats 10%52 / 58
Return on Equity4.70%6.51%9.02%11.93%Beats 12%51 / 58
Net Interest Margin2.51%2.73%3.02%3.44%Beats 12%51 / 58
Efficiency Ratio83.66%63.60%70.80%79.09%Beats 12%52 / 58
Asset Quality
Nonperforming Loans / Loans0.08%0.05%0.45%1.38%Beats 66%21 / 58
Net Charge-Offs / Loans0.12%n/a0.01%0.03%Beats 16%50 / 58
Capital
Tier 1 Capital Ratio11.18%10.88%13.57%15.43%Beats 28%42 / 58
Total Risk-Based Capital Ratio11.18%11.79%14.77%16.22%Beats 17%48 / 58
Equity / Assets8.77%7.59%8.77%10.37%Beats 50%29 / 58
Liquidity & Funding
Loans / Deposits60.01%65.69%81.95%90.18%19th pctl47 / 58
Loans / Assets53.64%58.32%68.99%77.59%19th pctl47 / 58
Brokered Deposits / Depositsn/aNot reported for this institution