Brownfield, TX · Cert 3116
FDIC · 5 branches
Q1 2024
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2024, the quarter ended March 31, 2024, 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.
Brownfield, TX · Cert 3116
FDIC · 5 branches
Q1 2024
Market Position · Lubbock, TX · 2023 SOD (annual) · 1.8% share · #13 of 27 inst. · $0.2B of $12.7B
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 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.24% | 1.41% | 1.82% | 2.45% | 2.40% | 2.24% | 2.07% | 0.09% | -236 bps | |
| Return on Equity | 11.82% | 13.77% | 17.71% | 23.23% | 21.73% | 19.91% | 18.37% | 0.82% | -2,241 bps | |
| Net Interest Margin | 3.09% | 3.10% | 3.28% | 4.32% | 4.47% | 4.38% | 4.16% | 3.84% | -48 bps | |
| Efficiency Ratio | 50.90% | 46.96% | 45.22% | 27.17% | 28.80% | 33.47% | 37.38% | 96.60% | +6,943 bps | |
| Non-Interest Burden | 1.50% | 1.39% | 1.41% | 1.09% | 1.19% | 1.37% | 1.47% | 3.69% | +260 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 22.75% | 26.44% | 20.28% | 10.16% | -2.16% | -8.39% | -4.29% | 0.01% | -1,015 bps | |
| Loan Growth (YoY) | 10.27% | 8.82% | 12.32% | 20.35% | 14.86% | 16.44% | 8.11% | 4.20% | -1,615 bps | |
| Deposit Growth (YoY) | 25.66% | 29.85% | 21.80% | 9.40% | -4.73% | -10.69% | -5.68% | 0.84% | -856 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.22% | +22 bps | |
| Net Charge-Offs / Loans | 0.00% | -0.14% | -0.49% | 0.00% | -0.09% | -0.06% | -0.05% | 0.35% | +35 bps | |
| Allowance / Loans | 1.28% | 1.37% | 1.29% | 1.16% | 1.21% | 1.19% | 1.21% | 1.14% | -2 bps | |
| Allowance Coverage of NPLs | 64.8x | 646.3x | 1072.4x | 1491.9x | 3252.0x | 6524.0x | n/a | 5.1x | -1486.7x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.20% | 9.90% | 10.35% | 10.66% | 12.05% | 11.66% | 11.56% | 9.37% | -129 bps | |
| Total Risk-Based Capital | 12.74% | 13.21% | 13.51% | 13.19% | 13.64% | 12.93% | 13.54% | 11.48% | -170 bps | |
| Equity / Assets | 9.89% | 9.68% | 10.29% | 10.78% | 12.25% | 11.87% | 11.39% | 9.46% | -132 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 79.53% | 75.31% | 77.80% | 83.76% | 95.88% | 98.18% | 89.17% | 86.55% | +279 bps | |
| Liquid Assets / Assets | 20.94% | 25.28% | 23.00% | 18.60% | 7.89% | 6.38% | 14.13% | 16.26% | -235 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |