Corning, IA · Cert 25260
FDIC · 1 branch
Q4 2023
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -0.43% | 0.82% | 0.46% | 0.34% | -0.92% | -49 bps | |
| Return on Equity | -4.31% | 8.41% | 4.56% | 3.18% | -8.58% | -426 bps | |
| Net Interest Margin | 2.20% | 2.30% | 2.33% | 2.27% | 2.33% | +13 bps | |
| Efficiency Ratio | 124.26% | 57.93% | 53.90% | 96.99% | 135.66% | +1,139 bps | |
| Non-Interest Burden | 2.76% | 1.29% | 1.71% | 1.68% | 3.16% | +40 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 7.45% | 3.97% | -5.70% | -4.18% | -4.44% | -1,189 bps | |
| Loan Growth (YoY) | 13.48% | 16.54% | 20.10% | 18.60% | 14.90% | +142 bps | |
| Deposit Growth (YoY) | 7.99% | 3.85% | -7.57% | -6.59% | -5.34% | -1,333 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 3.98% | 1.33% | 6.14% | 5.67% | 0.50% | -348 bps | |
| Net Charge-Offs / Loans | -0.14% | -0.07% | 0.12% | 0.00% | 0.36% | +50 bps | |
| Allowance / Loans | 2.39% | 2.39% | 2.10% | 1.97% | 1.98% | -42 bps | |
| Allowance Coverage of NPLs | 0.6x | 1.8x | 0.3x | 0.3x | 3.9x | +3.3x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 9.77% | 9.76% | 10.30% | 10.74% | 10.56% | +79 bps | |
| Total Risk-Based Capital | 38.54% | 36.59% | 34.90% | 38.80% | 41.53% | +299 bps | |
| Equity / Assets | 9.80% | 9.74% | 10.56% | 10.88% | 10.47% | +67 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 27.01% | 26.57% | 32.45% | 35.97% | 32.78% | +577 bps | |
| Liquid Assets / Assets | 71.93% | 72.09% | 69.44% | 65.32% | 66.93% | -499 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |