Watford City, ND · Cert 23836
FDIC · 1 branch
Q4 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2014, the quarter ended December 31, 2014, 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.
Watford City, ND · Cert 23836
FDIC · 1 branch
Q4 2014
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 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | Q2 2014 | Q3 2014 | Q4 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.70% | 2.03% | 1.88% | 1.90% | 1.71% | 1.80% | 1.77% | 1.41% | -48 bps | |
| Return on Equity | 22.31% | 26.02% | 24.19% | 24.81% | 23.84% | 25.76% | 25.99% | 21.74% | -307 bps | |
| Net Interest Margin | 3.83% | 3.92% | 3.85% | 3.60% | 3.54% | 3.53% | 3.31% | 3.03% | -57 bps | |
| Efficiency Ratio | 51.53% | 50.62% | 53.80% | 52.83% | 52.15% | 50.40% | 50.49% | 59.17% | +634 bps | |
| Non-Interest Burden | 1.79% | 1.80% | 1.90% | 1.74% | 1.67% | 1.60% | 1.50% | 1.66% | -8 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.52% | 8.15% | 8.70% | 17.53% | 22.54% | 33.53% | 32.42% | 30.96% | +1,344 bps | |
| Loan Growth (YoY) | 25.77% | 19.74% | 15.87% | 12.70% | 9.40% | 12.75% | 6.70% | 1.55% | -1,115 bps | |
| Deposit Growth (YoY) | 5.54% | 7.69% | 8.67% | 18.29% | 23.79% | 36.40% | 34.87% | 33.77% | +1,548 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 | -0.02% | -0.02% | -0.02% | -0.06% | 0.00% | 0.01% | 0.00% | 0.01% | +7 bps | |
| Allowance / Loans | 0.91% | 1.00% | 1.04% | 1.10% | 1.15% | 1.14% | 1.24% | 1.30% | +20 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 | 12.68% | 13.00% | 12.70% | 12.74% | 12.84% | 11.86% | 12.79% | 12.40% | -34 bps | |
| Equity / Assets | 7.72% | 8.15% | 7.68% | 7.27% | 7.09% | 6.61% | 6.34% | 5.53% | -175 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 69.84% | 74.84% | 70.25% | 65.14% | 61.72% | 61.87% | 55.58% | 49.45% | -1,569 bps | |
| Liquid Assets / Assets | 15.98% | 12.43% | 11.37% | 9.41% | 7.83% | 7.41% | 23.28% | 28.14% | +1,873 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |