Nisswa, MN · Cert 34592
FDIC
Q3 2009
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2009, the quarter ended September 30, 2009, 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.
Nisswa, MN · Cert 34592
FDIC
Q3 2009
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 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.41% | 0.84% | 0.47% | 0.57% | 0.46% | 0.16%1 | 0.10%1 | 0.13%1 | -44 bps | |
| Return on Equity | 18.87% | 11.64% | 4.72% | 4.83% | 3.48% | 0.77% | 0.49% | 0.59% | -424 bps | |
| Net Interest Margin | 3.87% | 3.57% | 0.91% | 1.78% | 2.40% | 3.55% | 3.67% | 3.71% | +193 bps | |
| Efficiency Ratio | 66.75% | 75.38% | 50.29% | 61.15% | 59.73% | 79.15% | 88.03% | 90.51% | +2,936 bps | |
| Non-Interest Burden | 2.41% | 2.58% | 0.41% | 1.01% | 1.25% | 2.75% | 3.17% | 3.31% | +229 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.80% | 11.86% | 19.29% | 2.26% | -5.64% | -14.75% | -27.86% | -23.22% | -2,548 bps | |
| Loan Growth (YoY) | 5.38% | 5.78% | 5.23% | -4.44% | -16.75% | -21.29% | -27.05% | -21.49% | -1,705 bps | |
| Deposit Growth (YoY) | 6.89% | 12.90% | -0.97% | -12.79% | -23.61% | -27.12% | -26.50% | -25.70% | -1,290 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 | 0.34% | 0.31% | 0.27% | 0.28% | 1.19% | 0.05% | 1.12% | 1.18% | +90 bps | |
| Allowance / Loans | 0.87% | 0.83% | 1.39% | 1.72% | 1.71% | 2.20% | 1.93% | 1.72% | 0 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 | 11.04% | 10.63% | 8.73% | 11.30% | 12.68% | 13.64% | 13.99% | 14.73% | +343 bps | |
| Equity / Assets | 7.25% | 7.20% | 14.67% | 17.62% | 19.28% | 21.25% | 22.10% | 23.16% | +554 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 93.72% | 96.16% | 104.60% | 99.19% | 102.14% | 103.85% | 103.81% | 104.80% | +561 bps | |
| Liquid Assets / Assets | 0.12% | 0.08% | 0.07% | 0.09% | 0.02% | 2.67% | 0.01% | 0.18% | +10 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |