Rochester, MN · Cert 33202
FDIC · 4 branches
Q3 2022
Market Position · Rochester, MN · 2022 SOD (annual) · 3.5% share · #8 of 34 inst. · $0.3B of $7.7B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.71% | 2.28% | 1.59% | 1.13% | 1.62% | 0.83% | 1.17% | 1.37% | +24 bps | |
| Return on Equity | 19.21% | 25.13% | 17.39% | 12.69% | 19.59% | 10.54% | 14.51% | 16.47% | +378 bps | |
| Net Interest Margin | 3.61% | 4.12% | 3.40% | 3.25% | 3.31% | 3.16% | 3.41% | 3.56% | +31 bps | |
| Efficiency Ratio | 54.07% | 46.01% | 57.61% | 54.85% | 53.54% | 55.51% | 56.37% | 51.65% | -319 bps | |
| Non-Interest Burden | 1.79% | 1.75% | 1.81% | 1.65% | 1.48% | 1.62% | 1.78% | 1.72% | +7 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 9.18% | 12.75% | 3.51% | 12.27% | 26.38% | 15.95% | 10.08% | -1.92% | -1,419 bps | |
| Loan Growth (YoY) | 11.90% | 10.14% | 7.10% | 3.11% | 5.21% | 3.66% | 3.40% | 5.77% | +266 bps | |
| Deposit Growth (YoY) | 10.32% | 13.86% | 3.89% | 12.72% | 27.95% | 17.67% | 11.22% | -7.34% | -2,006 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.12% | 0.00% | 0.20% | 0.65% | 0.42% | 0.00% | 0.00% | 0.00% | -65 bps | |
| Net Charge-Offs / Loans | -0.11% | -0.02% | 0.00% | -0.04% | 0.00% | 0.60% | 0.00% | 0.00% | +4 bps | |
| Allowance / Loans | 1.20% | 1.23% | 1.21% | 1.25% | 1.18% | 1.21% | 1.23% | 1.28% | +3 bps | |
| Allowance Coverage of NPLs | 10.1x | n/a | 5.9x | 1.9x | 2.8x | n/a | n/a | n/a | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.84% | 9.29% | 9.02% | 8.80% | 8.53% | 8.49% | 8.99% | 9.30% | +50 bps | |
| Total Risk-Based Capital | 12.13% | 12.65% | 12.71% | 12.57% | 11.64% | 12.02% | 12.03% | 12.59% | +1 bps | |
| Equity / Assets | 8.95% | 9.17% | 9.07% | 8.73% | 7.86% | 7.94% | 8.14% | 8.50% | -23 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 93.30% | 90.73% | 90.89% | 82.71% | 76.72% | 79.93% | 84.50% | 94.41% | +1,170 bps | |
| Liquid Assets / Assets | 3.48% | 3.40% | 2.81% | 6.65% | 13.88% | 5.79% | 1.97% | 1.01% | -564 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |