Bemidji, MN · Cert 27932
FDIC · 12 branches
Q3 2024
Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2024 SOD (annual) · 0.0% share · #92 of 132 inst. · $0.1B of $248.4B
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 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.99% | 1.00% | 1.05% | 1.01% | 1.01% | 0.99% | 1.01% | 1.01% | -1 bps | |
| Return on Equity | 13.07% | 13.47% | 14.04% | 13.74% | 13.56% | 13.06% | 13.22% | 13.14% | -60 bps | |
| Net Interest Margin | 3.35% | 3.49% | 3.51% | 3.43% | 3.37% | 3.35% | 3.30% | 3.24% | -19 bps | |
| Efficiency Ratio | 66.30% | 66.20% | 65.44% | 66.32% | 65.75% | 64.26% | 63.94% | 63.89% | -243 bps | |
| Non-Interest Burden | 2.02% | 2.12% | 2.08% | 2.07% | 2.01% | 1.96% | 1.88% | 1.85% | -22 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.77% | 4.49% | 7.04% | 7.81% | 5.85% | 5.65% | 7.33% | 6.97% | -84 bps | |
| Loan Growth (YoY) | 22.19% | 15.85% | 11.89% | 8.97% | 7.90% | 7.86% | 9.63% | 10.76% | +179 bps | |
| Deposit Growth (YoY) | 6.57% | 5.01% | 4.92% | 5.97% | 3.89% | 0.18% | 3.65% | 7.89% | +192 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.22% | 0.06% | 0.05% | 0.03% | 0.95% | 0.94% | 0.89% | 0.87% | +84 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.01% | 0.01% | 0.03% | 0.02% | 0.09% | 0.05% | 0.06% | +2 bps | |
| Allowance / Loans | 1.30% | 1.31% | 1.27% | 1.22% | 1.19% | 1.20% | 1.15% | 1.13% | -9 bps | |
| Allowance Coverage of NPLs | 6.0x | 23.8x | 24.8x | 41.7x | 1.3x | 1.3x | 1.3x | 1.3x | -40.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.44% | 8.41% | 8.63% | 8.54% | 8.47% | 8.60% | 8.60% | 8.50% | -4 bps | |
| Total Risk-Based Capital | 12.04% | 12.42% | 12.26% | 12.18% | 12.07% | 12.51% | 12.19% | 12.17% | -1 bps | |
| Equity / Assets | 7.27% | 7.58% | 7.51% | 7.19% | 7.63% | 7.58% | 7.61% | 7.88% | +69 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 85.48% | 82.56% | 86.43% | 85.55% | 88.78% | 88.89% | 91.41% | 87.82% | +227 bps | |
| Liquid Assets / Assets | 0.40% | 3.36% | 0.43% | 2.02% | 1.41% | 2.08% | 1.13% | 4.05% | +203 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |