Turtle Lake, ND · Cert 19480
FDIC · 1 branch
Q4 2021
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 | 0.88% | 1.11% | 1.03% | 0.76% | 0.71% | 0.65% | 0.60% | 0.55% | -21 bps | |
| Return on Equity | 7.33% | 9.39% | 8.78% | 6.57% | 6.79% | 6.17% | 5.67% | 5.20% | -137 bps | |
| Net Interest Margin | 4.10% | 4.13% | 3.98% | 3.69% | 3.33% | 3.11% | 3.22% | 3.12% | -57 bps | |
| Efficiency Ratio | 69.04% | 65.20% | 65.81% | 72.95% | 71.77% | 73.72% | 75.34% | 77.47% | +451 bps | |
| Non-Interest Burden | 2.76% | 2.61% | 2.55% | 2.64% | 2.32% | 2.22% | 2.37% | 2.36% | -28 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.12% | 12.37% | 6.45% | 15.20% | 19.73% | 10.13% | 3.64% | 1.43% | -1,377 bps | |
| Loan Growth (YoY) | 3.94% | 12.30% | 1.68% | -12.25% | -11.57% | -19.71% | -11.17% | -3.22% | +903 bps | |
| Deposit Growth (YoY) | 6.43% | 19.17% | 20.34% | 22.25% | 22.38% | 13.74% | 4.14% | 2.18% | -2,006 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.39% | 3.55% | 2.29% | 0.59% | 0.54% | 0.49% | 0.19% | 0.16% | -43 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.02% | 0.00% | 0.00% | 0.02% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.80% | 1.55% | 1.59% | 2.04% | 2.27% | 2.12% | 1.95% | 2.21% | +17 bps | |
| Allowance Coverage of NPLs | 1.3x | 0.4x | 0.7x | 3.5x | 4.2x | 4.3x | 10.1x | 13.8x | +10.3x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 12.16% | 11.75% | 11.34% | 10.70% | 10.51% | 10.22% | 10.88% | 10.22% | -48 bps | |
| Total Risk-Based Capital | 12.16% | 11.75% | 11.34% | 10.70% | 10.51% | 10.22% | 10.88% | 10.22% | -48 bps | |
| Equity / Assets | 12.01% | 11.54% | 11.36% | 10.79% | 10.19% | 10.44% | 10.95% | 10.21% | -58 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 82.76% | 93.93% | 90.33% | 69.43% | 59.80% | 66.31% | 77.05% | 65.76% | -367 bps | |
| Liquid Assets / Assets | 4.59% | 4.22% | 4.23% | 4.45% | 4.22% | 3.89% | 4.08% | 3.58% | -87 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |