Sioux Falls, SD · Cert 23360
FDIC
Q2 2011
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2011, the quarter ended June 30, 2011, 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.
Sioux Falls, SD · Cert 23360
FDIC
Q2 2011
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 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | Q4 2010 | Q1 2011 | Q2 2011 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.68% | -0.32% | -0.80% | -0.41% | 0.14% | 0.38% | 2.99% | 3.38% | +379 bps | |
| Return on Equity | -3.14% | -1.42% | -4.46% | -2.40% | 0.82% | 2.24% | 17.36% | 18.22% | +2,063 bps | |
| Net Interest Margin | 5.00% | 5.08% | 9.90% | 10.60% | 11.06% | 11.02% | 10.43% | 10.90% | +30 bps | |
| Efficiency Ratio | 53.34% | 50.87% | 26.50% | 25.78% | 25.57% | 26.64% | 31.47% | 31.41% | +563 bps | |
| Non-Interest Burden | 1.05% | 0.80% | 1.64% | 1.68% | 1.70% | 1.92% | 2.58% | 2.70% | +102 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 27.03% | 13.04% | 87.51% | 51.51% | 45.42% | 45.60% | -11.97% | -17.84% | -6,935 bps | |
| Loan Growth (YoY) | 15.18% | 2.75% | 185.77% | 118.04% | 115.48% | 142.53% | -10.47% | -7.07% | -12,511 bps | |
| Deposit Growth (YoY) | 19.86% | 9.25% | 0.90% | 3.12% | -4.14% | -1.07% | 1.89% | -98.11% | -10,123 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 | 5.89% | 6.51% | 10.51% | 11.99% | 10.67% | 10.02% | 7.41% | 7.86% | -413 bps | |
| Allowance / Loans | 5.67% | 5.84% | 11.26% | 12.88% | 11.12% | 10.46% | 10.12% | 10.20% | -268 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 | 13.91% | 14.00% | 14.23% | 14.97% | 15.38% | 15.83% | 17.97% | 20.01% | +504 bps | |
| Equity / Assets | 23.43% | 23.82% | 14.47% | 15.67% | 16.21% | 16.61% | 17.80% | 21.67% | +600 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 125.74% | 113.14% | 297% | 258% | 283% | 277% | 261% | 12655% | +1,239,760 bps | |
| Liquid Assets / Assets | 3.15% | 3.82% | 6.27% | 13.12% | 2.22% | 0.12% | 3.44% | 0.05% | -1,307 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |