Pagosa Springs, CO · Cert 33511
FDIC · 2 branches
Q2 2018
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2018, the quarter ended June 30, 2018, 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.
Pagosa Springs, CO · Cert 33511
FDIC · 2 branches
Q2 2018
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 2016 | Q4 2016 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.72% | 0.76% | 0.63% | 0.80% | 0.69% | 0.96% | 1.37% | 1.77% | +97 bps | |
| Return on Equity | 7.93% | 8.49% | 7.27% | 8.95% | 7.68% | 10.75% | 16.21% | 20.65% | +1,170 bps | |
| Net Interest Margin | 2.94% | 2.91% | 2.90% | 3.04% | 2.91% | 2.88% | 2.89% | 2.98% | -6 bps | |
| Efficiency Ratio | 79.87% | 78.93% | 83.19% | 78.63% | 81.14% | 79.96% | 87.01% | 77.37% | -126 bps | |
| Non-Interest Burden | 2.23% | 2.17% | 2.31% | 2.25% | 2.25% | 2.19% | 2.46% | 2.14% | -12 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 10.39% | 9.00% | 9.45% | 0.48% | 6.78% | 8.51% | 1.32% | 5.39% | +491 bps | |
| Loan Growth (YoY) | 8.09% | 6.29% | 6.53% | 10.74% | 3.80% | 0.10% | 0.23% | -7.00% | -1,774 bps | |
| Deposit Growth (YoY) | 10.27% | 9.70% | 9.89% | -0.15% | 6.83% | 8.22% | 2.00% | 6.40% | +656 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.21% | 0.20% | 0.19% | 0.00% | 0.00% | 0.00% | -20 bps | |
| Net Charge-Offs / Loans | 0.12% | 0.07% | -0.12% | -0.07% | -0.07% | -0.07% | -0.11% | -0.06% | +2 bps | |
| Allowance / Loans | 3.43% | 3.58% | 3.58% | 3.46% | 3.37% | 3.10% | 2.56% | 2.10% | -136 bps | |
| Allowance Coverage of NPLs | n/a | n/a | 16.7x | 17.4x | 18.2x | n/a | n/a | n/a | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.80% | 8.83% | 8.95% | 9.23% | 8.91% | 9.21% | 8.47% | 9.12% | -11 bps | |
| Total Risk-Based Capital | 14.83% | 14.87% | 14.84% | 14.82% | 14.83% | 15.64% | 13.92% | 15.09% | +27 bps | |
| Equity / Assets | 9.09% | 8.48% | 8.72% | 9.65% | 9.08% | 8.75% | 8.15% | 8.83% | -82 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 53.12% | 49.78% | 49.31% | 54.35% | 51.61% | 46.05% | 48.46% | 47.50% | -685 bps | |
| Liquid Assets / Assets | 11.07% | 12.85% | 14.64% | 6.23% | 9.23% | 17.80% | 7.88% | 8.60% | +237 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |