Freeport, IL · Cert 19628
FDIC · 3 branches
Q2 2022
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2022, the quarter ended June 30, 2022, 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.
Freeport, IL · Cert 19628
FDIC · 3 branches
Q2 2022
Market Position · Rockford, IL · 2022 SOD (annual) · 0.6% share · #17 of 23 inst. · $0.0B of $8.1B
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 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 5.23% | 6.00% | 7.86% | 6.43% | 6.01% | 5.37% | 0.55% | 0.54% | -589 bps | |
| Return on Equity | 54.50% | 63.03% | 79.35% | 60.49% | 53.28% | 45.39% | 3.82% | 3.79% | -5,670 bps | |
| Net Interest Margin | 2.12% | 1.94% | 2.32% | 2.38% | 2.85% | 2.83% | 2.01% | 2.20% | -18 bps | |
| Efficiency Ratio | 68.92% | 68.45% | 65.59% | 70.08% | 70.39% | 72.33% | 93.04% | 93.20% | +2,311 bps | |
| Non-Interest Burden | -3.58% | -3.98% | -7.06% | -5.44% | -4.63% | -3.91% | 1.15% | 1.40% | +684 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 54.79% | 68.59% | 38.78% | -10.67% | -7.42% | -19.45% | -20.59% | -10.86% | -20 bps | |
| Loan Growth (YoY) | 60.37% | 62.66% | 25.35% | 13.03% | -14.56% | -36.24% | -35.95% | -33.22% | -4,625 bps | |
| Deposit Growth (YoY) | 57.10% | 72.02% | 35.91% | -16.43% | -12.47% | -25.04% | -24.64% | -12.75% | +368 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.11% | 0.15% | 0.16% | 0.08% | 0.08% | 0.10% | 0.10% | 0.11% | +3 bps | |
| Net Charge-Offs / Loans | -0.05% | -0.03% | 0.00% | 0.00% | -0.02% | -0.02% | 0.00% | -0.06% | -6 bps | |
| Allowance / Loans | 0.75% | 0.74% | 0.77% | 0.84% | 0.89% | 1.19% | 1.23% | 1.31% | +47 bps | |
| Allowance Coverage of NPLs | 6.7x | 5.0x | 4.9x | 11.2x | 11.6x | 11.8x | 12.0x | 12.5x | +1.3x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.77% | 8.52% | 9.93% | 10.98% | 12.17% | 12.70% | 13.05% | 13.00% | +202 bps | |
| Total Risk-Based Capital | 14.23% | 14.60% | 16.84% | 19.95% | 20.57% | 25.34% | 25.20% | 26.09% | +614 bps | |
| Equity / Assets | 9.94% | 9.27% | 10.53% | 12.27% | 13.47% | 14.42% | 14.23% | 14.09% | +182 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 102.09% | 94.88% | 92.84% | 98.40% | 99.65% | 80.71% | 78.91% | 75.32% | -2,308 bps | |
| Liquid Assets / Assets | 3.71% | 9.79% | 12.33% | 9.96% | 9.20% | 25.09% | 26.27% | 29.34% | +1,939 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |