Farmington, MN · Cert 34549
FDIC
Q4 2007
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2007, the quarter ended December 31, 2007, 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.
Farmington, MN · Cert 34549
FDIC
Q4 2007
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 | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.13% | -0.37% | -0.36% | -0.30% | -2.27% | -1.09% | -1.04% | 0.00% | +30 bps | |
| Return on Equity | -0.61% | -1.48% | -1.26% | -0.97% | -4.56% | -2.28% | -2.32% | 0.00% | +97 bps | |
| Net Interest Margin | 2.98% | 6.05% | 5.68% | 5.13% | 3.99% | 3.83% | 3.54% | 3.34% | -180 bps | |
| Efficiency Ratio | 105.80% | 116.22% | 114.19% | 111.06% | 154.76% | 126.14% | 125.93% | 117.50% | +644 bps | |
| Non-Interest Burden | 3.15% | 7.05% | 6.51% | 5.71% | 6.29% | 4.87% | 4.49% | 4.01% | -170 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -84.64% | -87.14% | -83.59% | -82.29% | 14.30% | 29.14% | 41.27% | 30.58% | +11,287 bps | |
| Loan Growth (YoY) | -73.60% | -75.97% | -73.54% | -75.04% | -12.61% | 14.28% | 5.19% | -55.27% | +1,977 bps | |
| Deposit Growth (YoY) | -93.64% | -94.79% | -87.89% | -83.72% | 142.08% | 155.16% | 91.92% | 61.12% | +14,485 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 | 0.00% | -0.06% | -0.04% | -0.06% | 0.00% | 0.00% | -0.04% | -1.41% | -135 bps | |
| Allowance / Loans | 5.69% | 6.09% | 5.86% | 6.38% | 6.58% | 5.36% | 5.63% | 13.20% | +682 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 | 68.88% | 75.30% | 70.93% | 67.83% | 67.82% | 56.33% | 54.55% | 114.63% | +4,680 bps | |
| Equity / Assets | 52.88% | 56.60% | 54.22% | 52.39% | 47.37% | 44.29% | 38.17% | 40.68% | -1,171 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 384% | 337% | 205% | 174.45% | 138.60% | 150.92% | 112.50% | 48.43% | -12,602 bps | |
| Liquid Assets / Assets | 0.21% | 0.23% | 0.35% | 0.36% | 5.05% | 2.42% | 19.15% | 60.18% | +5,982 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |