Elkhart, KS · Cert 25851
FDIC · 4 branches
Q1 2023
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2023, the quarter ended March 31, 2023, 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.
Elkhart, KS · Cert 25851
FDIC · 4 branches
Q1 2023
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 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.23% | 1.09% | 1.01% | 0.72% | 0.71% | 0.77% | 0.81% | 0.86% | +14 bps | |
| Return on Equity | 12.17% | 10.71% | 9.96% | 8.16% | 9.05% | 10.67% | 11.55% | 14.54% | +639 bps | |
| Net Interest Margin | 3.03% | 3.12% | 3.16% | 2.90% | 2.98% | 3.00% | 3.20% | 3.22% | +31 bps | |
| Efficiency Ratio | 56.75% | 61.10% | 64.52% | 71.62% | 73.10% | 72.56% | 72.77% | 71.04% | -58 bps | |
| Non-Interest Burden | 1.21% | 1.52% | 1.73% | 1.95% | 2.06% | 2.05% | 2.19% | 2.15% | +19 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.93% | 2.41% | 6.33% | 3.57% | 3.34% | -0.05% | -1.36% | -0.26% | -383 bps | |
| Loan Growth (YoY) | -1.74% | -9.38% | -1.96% | -15.65% | -24.48% | -20.02% | -22.47% | -10.80% | +485 bps | |
| Deposit Growth (YoY) | 0.37% | 4.15% | 7.25% | 6.18% | 9.27% | 6.25% | 3.26% | 1.78% | -440 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.72% | 1.33% | 3.67% | 4.15% | 0.79% | 1.17% | 1.69% | 2.10% | -205 bps | |
| Net Charge-Offs / Loans | 0.01% | 0.00% | 0.00% | 0.00% | 0.05% | 0.04% | 0.08% | -0.06% | -6 bps | |
| Allowance / Loans | 1.40% | 1.46% | 1.47% | 1.94% | 2.07% | 1.94% | 1.87% | 2.12% | +18 bps | |
| Allowance Coverage of NPLs | 0.8x | 1.1x | 0.4x | 0.5x | 2.6x | 1.7x | 1.1x | 1.0x | +0.5x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.18% | 9.22% | 9.33% | 8.61% | 9.20% | 9.01% | 9.79% | 9.08% | +47 bps | |
| Total Risk-Based Capital | 16.71% | 16.41% | 15.76% | 21.03% | 18.10% | 18.08% | 18.21% | 18.91% | -212 bps | |
| Equity / Assets | 10.46% | 10.46% | 9.76% | 7.97% | 5.86% | 5.27% | 5.90% | 5.95% | -202 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 57.87% | 58.01% | 56.27% | 43.21% | 40.00% | 43.67% | 42.25% | 37.87% | -534 bps | |
| Liquid Assets / Assets | 3.82% | 3.26% | 4.06% | 4.24% | 3.02% | 4.47% | 4.55% | 5.65% | +140 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |