Sioux Falls, SD · Cert 34290
FDIC
Q3 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2004, the quarter ended September 30, 2004, 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.
Sioux Falls, SD · Cert 34290
FDIC
Q3 2004
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 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 47.13% | 31.88% | 28.19% | 24.77% | 22.24% | 9.99% | 5.15% | 3.59% | -2,119 bps | |
| Return on Equity | 74.24% | 38.09% | 32.64% | 28.17% | 24.95% | 10.67% | 5.49% | 3.82% | -2,435 bps | |
| Net Interest Margin | 1.29% | 0.65% | 0.87% | 0.83% | 0.81% | 0.93% | 0.93% | 1.05% | +21 bps | |
| Efficiency Ratio | 57.59% | 4.59% | 5.43% | 5.21% | 5.14% | 25.65% | 27.82% | 28.97% | +2,376 bps | |
| Non-Interest Burden | -77.89% | -50.62% | -45.18% | -38.50% | -33.91% | -16.48% | -7.86% | -5.02% | +3,348 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.68% | 14.15% | 0.12% | 12.69% | 9.49% | -0.65% | -3.91% | -7.77% | -2,045 bps | |
| Loan Growth (YoY) | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Deposit Growth (YoY) | 0.00% | -75.00% | -75.00% | -75.00% | -75.00% | 0.00% | 0.00% | 0.00% | +7,500 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| 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 | 199.73% | 202% | 388% | 396% | 413% | 432% | 454% | 454% | +5,801 bps | |
| Equity / Assets | 79.38% | 88.04% | 91.61% | 92.42% | 93.51% | 93.69% | 94.13% | 94.21% | +179 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |