Glasgow, MT · Cert 27518
FDIC · 1 branch
Q3 2019
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2019, the quarter ended September 30, 2019, 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.
Glasgow, MT · Cert 27518
FDIC · 1 branch
Q3 2019
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 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | Q4 2018 | Q1 2019 | Q2 2019 | Q3 2019 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.37% | 1.03% | 1.02% | 1.06% | 1.06% | 0.75% | 0.94% | 0.49% | -57 bps | |
| Return on Equity | 3.72% | 10.80% | 10.87% | 11.11% | 10.94% | 7.06% | 8.67% | 4.71% | -641 bps | |
| Net Interest Margin | 4.34% | 3.87% | 3.97% | 4.08% | 4.17% | 3.90% | 4.08% | 4.34% | +26 bps | |
| Efficiency Ratio | 67.58% | 67.87% | 66.67% | 65.28% | 65.17% | 71.21% | 66.49% | 74.47% | +920 bps | |
| Non-Interest Burden | 2.71% | 2.28% | 2.38% | 2.41% | 2.48% | 2.61% | 2.52% | 3.06% | +65 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.73% | 5.89% | 12.53% | 7.26% | 1.30% | -1.71% | -10.33% | -9.42% | -1,668 bps | |
| Loan Growth (YoY) | -14.14% | -11.36% | -11.10% | -4.50% | 1.96% | -6.93% | -1.04% | -4.79% | -29 bps | |
| Deposit Growth (YoY) | 4.76% | 7.45% | 13.86% | 7.25% | 0.21% | -3.09% | -12.56% | -8.41% | -1,566 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 2.82% | 2.56% | 2.22% | 1.06% | 0.79% | 0.20% | 0.04% | 0.00% | -106 bps | |
| Net Charge-Offs / Loans | 1.66% | 0.05% | 0.68% | 0.60% | 0.38% | 0.58% | 0.39% | 0.26% | -34 bps | |
| Allowance / Loans | 1.11% | 1.09% | 0.88% | 0.82% | 1.11% | 1.12% | 1.14% | 1.57% | +75 bps | |
| Allowance Coverage of NPLs | 0.4x | 0.4x | 0.4x | 0.8x | 1.4x | 5.6x | 31.9x | n/a | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.61% | 9.68% | 9.90% | 10.16% | 10.46% | 10.74% | 11.13% | 8.57% | -159 bps | |
| Total Risk-Based Capital | 18.83% | 18.95% | 20.42% | 20.41% | 21.97% | 23.16% | 22.48% | 16.67% | -374 bps | |
| Equity / Assets | 9.55% | 9.51% | 9.02% | 10.05% | 10.46% | 10.81% | 11.31% | 8.91% | -114 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 68.14% | 71.11% | 64.05% | 74.10% | 69.34% | 68.29% | 72.49% | 77.02% | +292 bps | |
| Liquid Assets / Assets | 24.73% | 22.35% | 29.48% | 20.37% | 24.95% | 26.54% | 23.43% | 16.59% | -378 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |