PackageTrendsPeer
Letter portraitLegal landscape

Investors Community Bank

Manitowoc, WI · Cert 34295

FDIC · 4 branches

Q3 2021

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2021, the quarter ended September 30, 2021, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Investors Community Bank

Manitowoc, WI · Cert 34295

FDIC · 4 branches

Q3 2021

$1.5BAssets
$1.0BLoans
$1.2BDeposits
$207.2MEquity
Loan mix
86%RE $484.8M14%C&I $77.6M0%Consumer $0.1MQ3 2020Q3 2021
Deposit mix
86%Interest-bearing $1.0B14%Noninterest $0.2BQ3 2020Q3 2021

NIM

4.76%Q3 ’193.68%Q3 ’203.70%Q3 ’21-10%+14%

Non-interest income vs. expense

1.99%Q3 ’192.05%Q3 ’202.30%Q3 ’21+20%-7%

Market Position · Appleton, WI · 2021 SOD (annual) · 4.6% share · #10 of 27 inst. · $0.2B of $5.1B

30.5% Manitowoc
5.3% Outagamie
8.3% Portage
1.0% Brown

Executive Summary

  • Earnings: ROA of 1.63%, up 84 bps year over year; NIM at 3.19%.
  • Asset quality: problem loans at 2.75% of loans (-109 bps YoY), with net recoveries of 0.08%.
  • Capital: tier 1 leverage ratio of 13.37%, down 24 bps from a year ago.
  • Funding: loans stand at 83.43% of deposits as of Q3 2021.

Financial Results

Return on Assets (YTD, annualized)

1.63%+84 bps YoY

Net Interest Margin (YTD, annualized)

3.19%+40 bps YoY

Efficiency Ratio (YTD, annualized)

55.45%-720 bps YoY

Tier 1 Leverage Ratio

13.37%-24 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2020Q4 2020Q1 2021Q2 2021Q3 2021YoY ΔTrend
Earnings
Return on Assets0.79%0.97%1.32%1.76%1.63%+84 bps
Return on Equity5.58%6.88%9.55%12.74%11.90%+632 bps
Net Interest Margin2.79%2.96%3.17%3.33%3.19%+40 bps
Efficiency Ratio62.65%61.15%57.01%54.70%55.45%-720 bps
Non-Interest Burden1.39%1.40%1.33%1.26%1.29%-9 bps
Growth
Asset Growth (YoY)5.82%7.19%10.14%0.22%3.23%-259 bps
Loan Growth (YoY)-0.59%-0.55%-0.91%-7.43%-5.79%-519 bps
Deposit Growth (YoY)-5.38%-3.10%10.20%6.01%12.13%+1,751 bps
Asset Quality
Nonperforming Loans / Loans3.83%4.03%4.32%2.95%2.75%-109 bps
Net Charge-Offs / Loans0.01%0.33%-0.01%-0.14%-0.08%-8 bps
Allowance / Loans1.73%1.43%1.48%1.13%1.05%-67 bps
Allowance Coverage of NPLs0.5x0.4x0.3x0.4x0.4x-0.1x
Capital
Tier 1 Leverage Ratio13.61%14.06%13.88%13.94%13.37%-24 bps
Total Risk-Based Capital17.25%16.83%16.68%16.58%16.18%-107 bps
Equity / Assets13.44%14.01%13.59%13.83%13.48%+5 bps
Liquidity & Funding
Loans / Deposits99.29%96.28%90.21%87.28%83.43%-1,587 bps
Liquid Assets / Assets2.97%0.51%0.65%4.24%6.04%+307 bps
CRE / Total Capitaln/an/an/an/an/an/an/a