Clovis, NM · Cert 22059
FDIC · 2 branches
Q1 2023
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2023, the quarter ended March 31, 2023, 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.
Clovis, NM · Cert 22059
FDIC · 2 branches
Q1 2023
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 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.84% | 0.90% | 0.89% | 0.47% | 0.57% | 0.71% | 0.87% | 1.23% | +76 bps | |
| Return on Equity | 5.81% | 6.06% | 5.96% | 3.16% | 3.80% | 4.72% | 5.78% | 8.15% | +500 bps | |
| Net Interest Margin | 3.89% | 4.19% | 4.48% | 3.32% | 3.40% | 3.75% | 3.94% | 4.09% | +77 bps | |
| Efficiency Ratio | 69.72% | 68.52% | 68.73% | 81.15% | 80.24% | 76.46% | 72.26% | 62.95% | -1,820 bps | |
| Non-Interest Burden | 2.68% | 2.84% | 3.04% | 2.67% | 2.71% | 2.82% | 2.80% | 2.52% | -15 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -10.76% | -17.77% | -4.92% | -7.84% | -4.39% | 2.61% | 0.17% | -1.74% | +610 bps | |
| Loan Growth (YoY) | -6.64% | -15.56% | -13.67% | -18.39% | -6.83% | 14.38% | 18.50% | 19.71% | +3,810 bps | |
| Deposit Growth (YoY) | 6.79% | -1.71% | -4.99% | -5.28% | -5.15% | 1.47% | -3.56% | -15.62% | -1,033 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% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.40% | 1.54% | 1.55% | 1.57% | 1.53% | 1.36% | 1.30% | 1.31% | -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 | 14.30% | 15.48% | 16.56% | 14.59% | 14.61% | 15.44% | 15.06% | 15.48% | +89 bps | |
| Total Risk-Based Capital | 14.30% | 15.48% | 16.56% | 14.59% | 14.61% | 15.44% | 15.06% | 15.48% | +89 bps | |
| Equity / Assets | 15.02% | 16.29% | 15.58% | 14.20% | 15.22% | 15.41% | 15.05% | 15.22% | +102 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 97.25% | 94.41% | 94.88% | 87.56% | 95.52% | 106.43% | 116.59% | 124.22% | +3,665 bps | |
| Liquid Assets / Assets | 22.73% | 23.17% | 27.19% | 29.75% | 23.70% | 15.48% | 15.08% | 16.06% | -1,368 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |