Brainerd, MN · Cert 31443
FDIC · 1 branch
Q1 2021
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2021, the quarter ended March 31, 2021, 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.
Brainerd, MN · Cert 31443
FDIC · 1 branch
Q1 2021
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 2019 | Q3 2019 | Q4 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.37% | -0.32% | -0.41% | 0.20%1 | 0.18% | 0.20% | -0.45% | 0.04%1 | -16 bps | |
| Return on Equity | -5.11% | -4.36% | -5.65% | 2.83% | 2.62% | 2.86% | -6.54% | 0.61% | -222 bps | |
| Net Interest Margin | 3.06% | 3.02% | 2.95% | 3.07% | 2.62% | 2.38% | 2.22% | 1.63% | -143 bps | |
| Efficiency Ratio | 116.32% | 114.35% | 119.77% | 97.26% | 95.72% | 94.78% | 94.45% | 99.17% | +190 bps | |
| Non-Interest Burden | 3.62% | 3.51% | 3.59% | 2.97% | 2.47% | 2.20% | 2.04% | 1.61% | -136 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -4.74% | -2.67% | -0.48% | -0.12% | 5.16% | 5.23% | 7.60% | 6.67% | +680 bps | |
| Loan Growth (YoY) | -6.96% | -1.68% | 3.14% | 10.96% | 5.38% | -4.13% | -17.82% | -26.33% | -3,729 bps | |
| Deposit Growth (YoY) | -5.34% | -2.70% | 0.09% | 0.76% | 8.48% | 8.27% | 11.76% | 9.88% | +912 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.35% | 1.45% | 1.37% | 0.44% | 0.41% | 0.91% | 0.21% | 0.17% | -27 bps | |
| Net Charge-Offs / Loans | -0.01% | -0.01% | -0.01% | 0.00% | 0.04% | 0.03% | 0.07% | -0.01% | -1 bps | |
| Allowance / Loans | 0.83% | 0.80% | 0.76% | 0.74% | 0.78% | 0.81% | 0.87% | 0.93% | +20 bps | |
| Allowance Coverage of NPLs | 0.6x | 0.6x | 0.6x | 1.7x | 1.9x | 0.9x | 4.1x | 5.4x | +3.8x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 7.48% | 7.45% | 7.33% | 7.31% | 7.11% | 7.10% | 6.41% | 6.45% | -86 bps | |
| Total Risk-Based Capital | 13.50% | 13.54% | 12.61% | 12.65% | 12.13% | 12.28% | 12.16% | 12.58% | -7 bps | |
| Equity / Assets | 7.33% | 7.35% | 7.18% | 7.03% | 6.85% | 7.01% | 6.28% | 6.29% | -73 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 93.15% | 98.00% | 101.39% | 103.52% | 90.49% | 86.77% | 74.55% | 69.40% | -3,411 bps | |
| Liquid Assets / Assets | 3.12% | 1.34% | 0.72% | 1.20% | 2.66% | 6.96% | 9.19% | 10.70% | +950 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |