PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Private Bank Minnesota

Minneapolis, MN · Cert 34144

FDIC

Q1 2014

$142.8MAssets
$102.1MLoans
$127.2MDeposits
$15.4MEquity
Loan mix
76%RE $73.6M15%C&I $15.1M9%Consumer $8.8MQ1 2013Q1 2014
Deposit mix
76%Interest-bearing $97.0M24%Noninterest $30.3MQ1 2013Q1 2014

NIM

4.42%Q1 ’124.00%Q1 ’133.94%Q1 ’14-8%-1%

Non-interest income vs. expense

3.28%Q1 ’123.32%Q1 ’133.10%Q1 ’14+1%-14%

Executive Summary

  • Earnings: ROA of 0.57%, up 60 bps year over year; NIM at 3.77%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.05%.
  • Funding: loans stand at 80.21% of deposits as of Q1 2014.

Financial Results

Return on Assets (YTD, annualized)

0.57%+60 bps YoY

Net Interest Margin (YTD, annualized)

3.77%-4 bps YoY

Efficiency Ratio (YTD, annualized)

74.48%-913 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2013Q2 2013Q3 2013Q4 2013Q1 2014YoY ΔTrend
Earnings
Return on Assets-0.03%0.20%-0.03%-0.11%0.57%+60 bps
Return on Equity-0.27%1.69%-0.29%-0.95%5.31%+558 bps
Net Interest Margin3.81%3.84%3.90%3.90%3.77%-4 bps
Efficiency Ratio83.61%83.05%105.90%104.13%74.48%-913 bps
Non-Interest Burden3.16%3.14%4.08%4.03%2.70%-45 bps
Growth
Asset Growth (YoY)-9.57%-8.23%-4.71%-4.55%5.08%+1,465 bps
Loan Growth (YoY)-14.03%-13.54%-14.26%-11.79%-5.70%+833 bps
Deposit Growth (YoY)-9.44%-5.75%-3.73%-3.85%6.80%+1,624 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.72%0.16%0.22%0.12%-0.05%-77 bps
Allowance / Loans2.16%2.25%1.94%2.21%2.27%+11 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital13.86%14.27%14.80%14.29%14.67%+81 bps
Equity / Assets12.00%11.95%11.81%10.65%10.80%-119 bps
Liquidity & Funding
Loans / Deposits90.85%92.80%87.33%81.15%80.21%-1,064 bps
Liquid Assets / Assets8.41%4.20%8.48%15.16%16.81%+840 bps
CRE / Total Capitaln/an/an/an/an/an/an/a