Salem, IN · Cert 30133
FDIC · 3 branches
Q1 2025
Market Position · Louisville/Jefferson County, KY-IN · 2024 SOD (annual) · 0.2% share · #30 of 44 inst. · $0.1B of $43.4B
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 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.71% | 0.78% | 0.80% | 0.67% | 0.80% | 0.85% | -2.57% | 1.44% | +77 bps | |
| Return on Equity | 5.90% | 6.60% | 6.67% | 5.13% | 5.99% | 6.20% | -18.42% | 9.45% | +433 bps | |
| Net Interest Margin | 2.78% | 2.76% | 2.77% | 2.83% | 3.14% | 3.23% | 3.33% | 3.85% | +101 bps | |
| Efficiency Ratio | 75.86% | 75.79% | 75.13% | 73.86% | 73.61% | 73.12% | 71.62% | 60.02% | -1,384 bps | |
| Non-Interest Burden | 2.01% | 1.99% | 1.98% | 1.99% | 2.20% | 2.24% | 2.26% | 2.14% | +14 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.16% | 0.31% | -0.09% | -9.65% | -10.85% | -13.02% | -16.19% | -5.16% | +449 bps | |
| Loan Growth (YoY) | 7.28% | -0.25% | 0.48% | -3.69% | -6.91% | -4.60% | -8.04% | -10.04% | -634 bps | |
| Deposit Growth (YoY) | -0.71% | 1.67% | -1.25% | -1.80% | -2.24% | -7.06% | -7.10% | -5.46% | -366 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.61% | 0.46% | 0.40% | 0.20% | 0.24% | 0.18% | 0.24% | 0.24% | +3 bps | |
| Net Charge-Offs / Loans | -0.02% | -0.01% | 0.01% | -0.01% | 0.00% | 0.00% | 0.00% | 0.01% | +1 bps | |
| Allowance / Loans | 1.55% | 1.55% | 1.49% | 1.47% | 1.46% | 1.47% | 1.43% | 1.43% | -5 bps | |
| Allowance Coverage of NPLs | 2.6x | 3.4x | 3.7x | 7.2x | 6.0x | 8.1x | 5.9x | 6.0x | -1.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 15.56% | 15.47% | 15.41% | 15.68% | 17.33% | 17.80% | 14.75% | 15.55% | -13 bps | |
| Total Risk-Based Capital | 15.56% | 15.47% | 15.41% | 15.68% | 17.33% | 17.80% | 14.75% | 15.55% | -13 bps | |
| Equity / Assets | 12.06% | 10.93% | 12.53% | 13.59% | 13.84% | 14.99% | 15.13% | 15.32% | +173 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 73.37% | 69.73% | 71.75% | 70.85% | 69.87% | 71.57% | 71.03% | 67.42% | -343 bps | |
| Liquid Assets / Assets | 1.79% | 6.22% | 4.75% | 3.03% | 5.29% | 3.66% | 32.50% | 35.94% | +3,291 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |