North Branch, MN · Cert 23306
FDIC
Q3 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2010, the quarter ended September 30, 2010, 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.
North Branch, MN · Cert 23306
FDIC
Q3 2010
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 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -5.39% | -13.34% | -9.09% | -10.47% | -9.29% | -6.15% | -5.42% | -6.83% | +364 bps | |
| Return on Equity | -37.18% | -92.34% | -63.78% | -75.94% | -69.58% | -57.88% | -51.66% | -68.10% | +783 bps | |
| Net Interest Margin | 1.94% | 0.62% | 0.89% | 0.92% | 0.95% | 1.95% | 1.81% | 1.91% | +99 bps | |
| Efficiency Ratio | 119.08% | n/a | n/a | n/a | n/a | 453% | 375% | 798% | n/a | |
| Non-Interest Burden | 4.30% | 13.11% | 10.49% | 12.93% | 12.26% | 8.16% | 7.81% | 9.67% | -326 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -42.47% | -38.65% | -41.78% | -48.07% | -28.43% | -30.65% | -28.18% | -25.17% | +2,290 bps | |
| Loan Growth (YoY) | -55.06% | -53.74% | -60.05% | -58.02% | -41.02% | -41.12% | -25.74% | -21.78% | +3,624 bps | |
| Deposit Growth (YoY) | -45.01% | -38.19% | -42.24% | -45.00% | -20.25% | -24.62% | -20.96% | -22.14% | +2,286 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 | 10.89% | 6.36% | 4.65% | 6.83% | 6.33% | -0.93% | 1.88% | 0.48% | -636 bps | |
| Allowance / Loans | 5.93% | 5.23% | 6.51% | 5.07% | 4.57% | 5.18% | 3.74% | 4.76% | -31 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 | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 20.92% | 17.75% | 18.53% | 15.56% | 14.68% | 13.51% | 14.22% | 12.11% | -344 bps | |
| Equity / Assets | 16.09% | 12.79% | 13.82% | 11.98% | 11.18% | 10.04% | 10.16% | 8.40% | -358 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 72.45% | 64.62% | 60.45% | 55.08% | 53.57% | 50.48% | 56.79% | 55.34% | +25 bps | |
| Liquid Assets / Assets | 0.82% | 9.50% | 6.42% | 0.36% | 4.16% | 8.57% | 14.37% | 19.39% | +1,903 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |