Littlefield, TX · Cert 3304
FDIC · 25 branches
Q3 2020
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2020, the quarter ended September 30, 2020, 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.
Littlefield, TX · Cert 3304
FDIC · 25 branches
Q3 2020
Market Position · Lubbock, TX · 2020 SOD (annual) · 2.4% share · #11 of 27 inst. · $0.2B of $10.1B
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 2018 | Q1 2019 | Q2 2019 | Q3 2019 | Q4 2019 | Q1 2020 | Q2 2020 | Q3 2020 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.24% | 1.45% | 1.45% | 1.46% | 1.45% | 2.39%1 | 1.79% | 1.69% | +23 bps | |
| Return on Equity | 12.40% | 13.59% | 13.29% | 13.34% | 13.23% | 21.66% | 16.18% | 14.99% | +165 bps | |
| Net Interest Margin | 3.56% | 3.87% | 3.91% | 3.67% | 3.39% | 4.06% | 3.92% | 3.96% | +29 bps | |
| Efficiency Ratio | 65.33% | 52.41% | 54.38% | 54.57% | 54.79% | 60.73% | 55.17% | 53.27% | -130 bps | |
| Non-Interest Burden | 2.15% | 1.81% | 1.88% | 1.77% | 1.63% | 2.26% | 1.98% | 1.93% | +16 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 28.74% | 26.99% | 7.95% | 13.24% | 26.75% | 28.40% | 35.65% | 19.78% | +654 bps | |
| Loan Growth (YoY) | 27.20% | 30.18% | 5.05% | 3.54% | 18.27% | 16.38% | 18.85% | 12.71% | +917 bps | |
| Deposit Growth (YoY) | 26.55% | 23.69% | 5.98% | 11.70% | 25.22% | 27.89% | 35.34% | 18.57% | +686 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.16% | 0.09% | 0.05% | 0.05% | 0.07% | 0.07% | 0.11% | 0.70% | +65 bps | |
| Net Charge-Offs / Loans | 0.03% | 0.17% | 0.09% | 0.08% | 0.06% | 0.04% | 0.03% | 0.02% | -6 bps | |
| Allowance / Loans | 1.16% | 1.14% | 1.16% | 1.19% | 1.13% | 1.25% | 1.46% | 1.66% | +47 bps | |
| Allowance Coverage of NPLs | 7.4x | 13.2x | 22.6x | 23.9x | 16.9x | 19.1x | 13.0x | 2.4x | -21.5x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.67% | 9.91% | 10.25% | 9.61% | 9.50% | 9.83% | 9.61% | 9.72% | +11 bps | |
| Total Risk-Based Capital | 13.58% | 13.79% | 14.31% | 14.51% | 13.98% | 9.83% | 9.61% | 9.72% | -479 bps | |
| Equity / Assets | 10.45% | 10.92% | 11.36% | 10.96% | 11.12% | 10.99% | 11.15% | 11.75% | +79 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 79.59% | 80.52% | 80.27% | 74.98% | 75.18% | 73.28% | 70.49% | 71.27% | -370 bps | |
| Liquid Assets / Assets | 9.78% | 7.71% | 7.94% | 8.77% | 7.23% | 11.38% | 17.06% | 13.33% | +457 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |