Lubbock, TX · Cert 22752
FDIC · 12 branches
Q4 2018
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2018, the quarter ended December 31, 2018, 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.
Lubbock, TX · Cert 22752
FDIC · 12 branches
Q4 2018
Market Position · Lubbock, TX · 2018 SOD (annual) · 7.9% share · #6 of 27 inst. · $0.7B of $8.7B
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 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | Q4 2018 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.91% | 0.96% | 0.98% | 0.44% | 1.09% | 1.09% | 1.12% | 1.18% | +75 bps | |
| Return on Equity | 9.42% | 9.93% | 10.08% | 4.53% | 11.84% | 11.87% | 12.14% | 12.67% | +814 bps | |
| Net Interest Margin | 3.23% | 3.10% | 3.08% | 3.09% | 3.25% | 3.23% | 3.28% | 3.36% | +27 bps | |
| Efficiency Ratio | 63.67% | 62.50% | 61.60% | 67.40% | 62.14% | 61.71% | 61.07% | 60.93% | -647 bps | |
| Non-Interest Burden | 1.85% | 1.74% | 1.70% | 1.91% | 1.82% | 1.80% | 1.80% | 1.84% | -6 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 12.66% | 6.04% | 7.95% | 10.29% | 1.29% | 2.22% | -1.00% | 1.79% | -850 bps | |
| Loan Growth (YoY) | 4.16% | 7.81% | 13.71% | 12.42% | 8.55% | 6.64% | 7.64% | 15.34% | +292 bps | |
| Deposit Growth (YoY) | 14.51% | 4.78% | 7.37% | 4.48% | -3.09% | 3.69% | 5.99% | 9.90% | +542 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.67% | 2.01% | 1.98% | 0.39% | 0.37% | 0.31% | 0.34% | 0.32% | -7 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.25% | 0.27% | 1.12% | 0.02% | 0.03% | 0.05% | 0.08% | -104 bps | |
| Allowance / Loans | 1.69% | 1.55% | 1.51% | 1.21% | 1.28% | 1.31% | 1.32% | 1.19% | -2 bps | |
| Allowance Coverage of NPLs | 1.0x | 0.8x | 0.8x | 3.1x | 3.5x | 4.2x | 3.9x | 3.8x | +0.6x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.96% | 9.58% | 9.64% | 9.31% | 9.57% | 9.71% | 9.99% | 10.35% | +104 bps | |
| Total Risk-Based Capital | 16.69% | 16.16% | 15.72% | 15.90% | 16.11% | 16.00% | 15.81% | 15.29% | -61 bps | |
| Equity / Assets | 9.36% | 9.70% | 9.80% | 9.32% | 9.08% | 9.08% | 9.38% | 9.74% | +42 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 62.19% | 64.72% | 67.17% | 69.43% | 69.66% | 66.56% | 68.22% | 72.87% | +344 bps | |
| Liquid Assets / Assets | 2.89% | 3.43% | 3.41% | 3.59% | 5.11% | 3.90% | 1.29% | 0.70% | -289 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |