Faribault, MN · Cert 31249
FDIC · 2 branches
Q1 2025
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 | 0.64% | 0.65% | 0.68% | 0.56% | 0.64% | 0.60% | 0.58% | 1.06% | +50 bps | |
| Return on Equity | 9.09% | 9.53% | 9.70% | 7.47% | 7.88% | 6.87% | 6.46% | 10.22% | +274 bps | |
| Net Interest Margin | 2.22% | 2.09% | 2.14% | 2.07% | 2.39% | 2.66% | 2.63% | 2.99% | +92 bps | |
| Efficiency Ratio | 66.10% | 65.06% | 63.97% | 66.77% | 66.11% | 68.56% | 70.27% | 55.62% | -1,115 bps | |
| Non-Interest Burden | 1.33% | 1.23% | 1.24% | 1.27% | 1.44% | 1.67% | 1.70% | 1.50% | +24 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.46% | 13.72% | 9.30% | 13.02% | -18.17% | -21.04% | -21.76% | -20.72% | -3,374 bps | |
| Loan Growth (YoY) | 5.55% | 14.95% | 2.30% | -0.50% | 4.56% | -4.91% | -2.05% | -2.22% | -172 bps | |
| Deposit Growth (YoY) | -10.58% | -8.93% | -10.31% | -9.33% | -4.74% | -4.97% | -3.54% | -2.65% | +668 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.11% | 0.06% | 0.19% | 0.22% | 0.27% | 0.22% | 0.00% | 0.00% | -22 bps | |
| Net Charge-Offs / Loans | 0.01% | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.42% | 1.41% | 1.40% | 1.40% | 1.36% | 1.48% | 1.43% | 1.43% | +3 bps | |
| Allowance Coverage of NPLs | 13.1x | 22.7x | 7.2x | 6.5x | 5.0x | 6.7x | n/a | n/a | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.42% | 7.82% | 8.08% | 8.11% | 9.09% | 10.36% | 9.69% | 9.92% | +181 bps | |
| Total Risk-Based Capital | 16.75% | 16.95% | 18.06% | 17.45% | 18.27% | 19.12% | 17.97% | 17.90% | +45 bps | |
| Equity / Assets | 6.54% | 6.48% | 7.55% | 7.56% | 9.71% | 10.87% | 10.06% | 10.69% | +313 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 49.22% | 49.53% | 50.63% | 51.07% | 54.02% | 49.57% | 51.41% | 51.29% | +22 bps | |
| Liquid Assets / Assets | 15.96% | 18.23% | 4.40% | 4.39% | 0.85% | 4.55% | 3.49% | 4.92% | +53 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |