Nelsonville, OH · Cert 28085
FDIC · 1 branch
Q2 2023
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2023, the quarter ended June 30, 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.
Nelsonville, OH · Cert 28085
FDIC · 1 branch
Q2 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 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.41% | 0.41% | 0.51% | 0.64% | 0.75% | 0.72% | 0.88% | 0.98% | +34 bps | |
| Return on Equity | 3.59% | 3.56% | 4.24% | 5.37% | 6.24% | 5.99% | 7.08% | 7.86% | +250 bps | |
| Net Interest Margin | 2.10% | 2.10% | 2.13% | 2.21% | 2.36% | 2.52% | 3.55% | 3.57% | +136 bps | |
| Efficiency Ratio | 77.05% | 75.75% | 73.47% | 70.46% | 64.37% | 65.89% | 68.88% | 67.98% | -248 bps | |
| Non-Interest Burden | 1.59% | 1.56% | 1.53% | 1.52% | 1.48% | 1.62% | 2.42% | 2.40% | +88 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 10.33% | 3.62% | -0.60% | -2.16% | -0.42% | 2.25% | 2.44% | 2.26% | +442 bps | |
| Loan Growth (YoY) | -9.72% | -2.20% | -0.94% | 0.80% | 1.00% | -0.27% | 0.82% | -0.08% | -89 bps | |
| Deposit Growth (YoY) | 11.05% | 3.32% | -1.49% | -3.07% | -1.07% | 1.77% | 1.62% | 1.19% | +426 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.05% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.29% | 1.27% | 1.29% | 1.27% | 1.30% | 1.28% | 1.28% | 1.27% | 0 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.45% | 11.55% | 11.88% | 11.91% | 12.00% | 12.09% | 12.26% | 12.64% | +73 bps | |
| Total Risk-Based Capital | 31.11% | 30.77% | 31.01% | 31.02% | 32.66% | 32.71% | 33.41% | 33.60% | +258 bps | |
| Equity / Assets | 11.26% | 11.89% | 12.00% | 12.02% | 11.88% | 12.27% | 12.52% | 12.64% | +62 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 63.85% | 69.17% | 68.58% | 68.91% | 65.18% | 67.79% | 68.04% | 68.04% | -87 bps | |
| Liquid Assets / Assets | 12.44% | 35.67% | 36.16% | 35.78% | 39.45% | 37.50% | 37.33% | 37.78% | +200 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |