Jordan, MN · Cert 33311
FDIC
Q2 2009
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2009, the quarter ended June 30, 2009, 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.
Jordan, MN · Cert 33311
FDIC
Q2 2009
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 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.32% | 1.41% | 1.59% | 1.31% | 1.26% | 1.10% | 0.36% | 0.25% | -107 bps | |
| Return on Equity | 9.68% | 10.41% | 11.82% | 9.76% | 9.34% | 8.10% | 2.61% | 1.79% | -797 bps | |
| Net Interest Margin | 3.22% | 3.06% | 3.06% | 3.00% | 2.92% | 2.91% | 2.88% | 2.91% | -9 bps | |
| Efficiency Ratio | 67.07% | 64.08% | 58.49% | 62.48% | 62.32% | 62.62% | 72.60% | 76.75% | +1,426 bps | |
| Non-Interest Burden | 1.90% | 1.69% | 1.44% | 1.59% | 1.54% | 1.54% | 1.93% | 2.08% | +50 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.00% | 10.59% | -0.26% | 0.96% | -1.04% | -6.93% | -3.07% | -3.94% | -491 bps | |
| Loan Growth (YoY) | 2.67% | -3.77% | -12.35% | -4.43% | -4.97% | 8.67% | 11.30% | 1.38% | +581 bps | |
| Deposit Growth (YoY) | 2.18% | 11.84% | -1.73% | 1.93% | -1.96% | -8.57% | -3.71% | -6.29% | -822 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.15% | 0.12% | -0.02% | 0.01% | 0.00% | 0.08% | 0.03% | 1.08% | +107 bps | |
| Allowance / Loans | 1.44% | 1.47% | 1.56% | 1.55% | 1.67% | 1.72% | 2.01% | 1.88% | +33 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 14.15% | 14.90% | 13.95% | 13.85% | 14.32% | 13.50% | 13.14% | 13.63% | -22 bps | |
| Equity / Assets | 13.44% | 13.20% | 13.75% | 13.50% | 13.44% | 13.85% | 13.87% | 13.76% | +27 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 62.14% | 57.54% | 60.51% | 60.87% | 60.23% | 68.39% | 69.94% | 65.85% | +498 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.35% | +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 |