Watertown, SD · Charter 22576
Q2 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2004, the quarter ended June 30, 2004, 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.
Watertown, SD · Charter 22576
Q2 2004
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.85% | 2.32% | 1.67% | 1.77% | 1.80% | 1.90% | 1.56% | 1.68% | -8 bps | |
| Return on Equity | 9.22% | 10.07% | 7.78% | 8.32% | 8.48% | 8.12% | 6.58% | 7.13% | -119 bps | |
| Net Interest Margin | 4.96% | 5.72% | 4.64% | 4.69% | 4.65% | 4.97% | 4.70% | 4.70% | +2 bps | |
| Efficiency Ratio | 63.95% | 60.57% | 65.15% | 63.48% | 62.33% | 62.79% | 68.29% | 65.82% | +234 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 29.78% | 2.10% | 13.11% | 11.96% | 4.24% | 7.34% | -1.93% | -2.73% | -1,469 bps | |
| Loan Growth (YoY) | 43.17% | 18.55% | -4.72% | -7.61% | -8.47% | -4.47% | 0.16% | 3.74% | +1,134 bps | |
| Share Growth (YoY) | 36.79% | 0.59% | 14.71% | 12.39% | 2.84% | 6.75% | -4.43% | -5.33% | -1,772 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.22% | 0.21% | 2.87% | 0.19% | 2.25% | 2.44% | 0.96% | 0.18% | -1 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 2.19% | 2.33% | 2.44% | 2.32% | 2.40% | 2.44% | 2.44% | 1.94% | -37 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 20.03% | 23.04% | 21.45% | 21.25% | 21.24% | 23.36% | 23.73% | 23.63% | +238 bps | |
| Net Worth / Assets | 20.03% | 23.04% | 21.45% | 21.25% | 21.24% | 23.36% | 23.73% | 23.63% | +238 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 81.16% | 87.99% | 75.08% | 76.51% | 72.24% | 78.73% | 78.69% | 83.83% | +732 bps | |
| Liquid Assets / Assets | 35.34% | 32.10% | 40.77% | 39.58% | 43.10% | 39.51% | 39.42% | 35.31% | -427 bps | |