Farmington, NM · Cert 2993
FDIC · 37 branches
Q3 2015
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2015, the quarter ended September 30, 2015, 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.
Farmington, NM · Cert 2993
FDIC · 37 branches
Q3 2015
Market Position · Denver-Aurora-Lakewood, CO · 2015 SOD (annual) · 2.5% share · #10 of 71 inst. · $1.7B of $69.8B
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 2013 | Q1 2014 | Q2 2014 | Q3 2014 | Q4 2014 | Q1 2015 | Q2 2015 | Q3 2015 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.83% | 0.59% | 0.89% | 0.92% | 0.78% | 0.30% | 0.46% | 0.53% | -39 bps | |
| Return on Equity | 6.94% | 4.80% | 7.20% | 7.50% | 6.49% | 2.65% | 4.09% | 4.80% | -270 bps | |
| Net Interest Margin | 3.94% | 3.96% | 3.93% | 3.71% | 3.54% | 3.48% | 3.24% | 3.21% | -50 bps | |
| Efficiency Ratio | 77.90% | 81.76% | 78.69% | 78.16% | 78.55% | 77.65% | 77.09% | 77.78% | -38 bps | |
| Non-Interest Burden | 2.88% | 3.11% | 2.93% | 2.73% | 2.62% | 2.55% | 2.35% | 2.35% | -38 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.39% | 6.07% | 1.97% | 6.13% | 16.65% | 16.20% | 22.11% | 16.77% | +1,064 bps | |
| Loan Growth (YoY) | 5.11% | 8.46% | 4.82% | 6.59% | 1.63% | 3.44% | 4.41% | 3.11% | -347 bps | |
| Deposit Growth (YoY) | 0.66% | 4.61% | 0.46% | 5.35% | 18.97% | 19.49% | 25.91% | 19.49% | +1,414 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 | 0.11% | -0.05% | -0.01% | -0.01% | 0.04% | 0.04% | 0.15% | 0.12% | +13 bps | |
| Allowance / Loans | 1.81% | 1.73% | 1.52% | 1.37% | 1.38% | 1.49% | 1.40% | 1.31% | -5 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 | n/a | n/a | n/a | n/a | n/a | 11.57% | 10.80% | 10.94% | n/a | |
| Total Risk-Based Capital | 14.28% | 14.71% | 14.97% | 14.89% | 15.01% | 14.54% | 14.97% | 14.95% | +6 bps | |
| Equity / Assets | 12.29% | 12.37% | 12.49% | 11.87% | 11.35% | 11.32% | 10.76% | 10.66% | -121 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 105.41% | 105.66% | 103.52% | 97.34% | 90.05% | 91.47% | 85.85% | 84.01% | -1,334 bps | |
| Liquid Assets / Assets | 0.82% | 0.80% | 2.21% | 8.51% | 12.99% | 10.55% | 14.24% | 15.92% | +741 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |