Spearman, TX · Cert 26219
FDIC · 3 branches
Q1 2024
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.31% | 1.71% | 1.45% | 1.35% | 1.32% | 1.40% | 1.38% | 1.29% | -6 bps | |
| Return on Equity | 11.45% | 16.92% | 14.36% | 12.63% | 12.14% | 12.93% | 12.28% | 10.62% | -200 bps | |
| Net Interest Margin | 3.59% | 4.13% | 3.87% | 3.84% | 3.82% | 4.17% | 4.09% | 4.03% | +19 bps | |
| Efficiency Ratio | 60.34% | 54.12% | 58.73% | 60.18% | 60.67% | 59.60% | 61.53% | 61.13% | +95 bps | |
| Non-Interest Burden | 1.97% | 2.02% | 2.08% | 2.14% | 2.14% | 2.30% | 2.32% | 2.28% | +15 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 4.31% | 8.33% | 3.45% | 10.72% | 8.50% | 1.49% | 3.00% | -3.90% | -1,461 bps | |
| Loan Growth (YoY) | 14.59% | 17.11% | 6.44% | 7.47% | 7.63% | 2.54% | 5.30% | 5.39% | -208 bps | |
| Deposit Growth (YoY) | 6.14% | 15.70% | 9.89% | 10.36% | 6.79% | -1.66% | -3.23% | -1.99% | -1,235 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 3.92% | 2.27% | 2.33% | 2.41% | 2.24% | 2.19% | 2.16% | 1.95% | -47 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.01% | 0.00% | -0.01% | -0.01% | 0.02% | 0.00% | 0.01% | +1 bps | |
| Allowance / Loans | 1.69% | 1.64% | 1.68% | 1.71% | 1.58% | 1.63% | 1.63% | 1.69% | -2 bps | |
| Allowance Coverage of NPLs | 0.4x | 0.7x | 0.7x | 0.7x | 0.7x | 0.7x | 0.8x | 0.9x | +0.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 13.77% | 13.62% | 13.91% | 14.01% | 13.96% | 14.47% | 14.83% | 15.13% | +112 bps | |
| Total Risk-Based Capital | 18.29% | 18.28% | 19.18% | 19.23% | 18.52% | 19.07% | 19.17% | 19.86% | +64 bps | |
| Equity / Assets | 10.63% | 9.58% | 10.65% | 10.72% | 11.08% | 10.55% | 11.92% | 12.43% | +171 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 87.54% | 83.92% | 80.61% | 78.52% | 88.23% | 87.51% | 87.73% | 84.43% | +591 bps | |
| Liquid Assets / Assets | 1.63% | 4.69% | 4.89% | 4.70% | 2.86% | 3.87% | 2.50% | 2.75% | -195 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |