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Northern Star Bank

Mankato, MN · Cert 34983

FDIC · 2 branches

Q3 2014

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 2014, the quarter ended September 30, 2014, 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

Northern Star Bank

Mankato, MN · Cert 34983

FDIC · 2 branches

Q3 2014

$18.8MAssets
$12.4MLoans
$18.2MDeposits
$464KEquity
Loan mix
78%RE $7.7M16%C&I $1.6M5%Consumer $0.5MQ3 2013Q3 2014
Deposit mix
84%Interest-bearing $15.3M16%Noninterest $2.9MQ3 2013Q3 2014

NIM

4.76%Q3 ’124.53%Q3 ’134.44%Q3 ’14-1%-2%

Non-interest income vs. expense

6.27%Q3 ’127.03%Q3 ’136.73%Q3 ’14+39%-30%

Market Position · Mankato-North Mankato, MN · 2014 SOD (annual) · 0.6% share · #21 of 22 inst. · $0.0B of $2.0B

0.8% Blue Earth
2.5% Benton

Executive Summary

  • Earnings: ROA of -0.73%, up 207 bps year over year; NIM at 3.91%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.25%.
  • Funding: loans stand at 68.26% of deposits as of Q3 2014.

Financial Results

Return on Assets (YTD, annualized)

-0.73%+207 bps YoY

Net Interest Margin (YTD, annualized)

3.91%-8 bps YoY

Efficiency Ratio (YTD, annualized)

113.81%-5,172 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2013Q4 2013Q1 2014Q2 2014Q3 2014YoY ΔTrend
Earnings
Return on Assets-2.80%-2.68%-1.24%-0.32%-0.73%+207 bps
Return on Equity-83.94%-85.25%-58.51%-14.94%-32.79%+5,114 bps
Net Interest Margin3.99%4.37%3.85%3.71%3.91%-8 bps
Efficiency Ratio165.53%159.98%135.74%107.19%113.81%-5,172 bps
Non-Interest Burden6.78%7.23%5.57%4.16%4.73%-205 bps
Growth
Asset Growth (YoY)-18.45%-24.18%-19.99%-17.70%-19.25%-80 bps
Loan Growth (YoY)-15.69%-17.44%-18.21%-19.05%-21.32%-563 bps
Deposit Growth (YoY)-17.08%-22.74%-18.40%-17.53%-19.53%-245 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.46%1.39%0.80%0.40%0.25%-121 bps
Allowance / Loans2.13%2.00%1.75%1.98%2.23%+10 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 Capital4.49%4.04%3.95%4.39%4.57%+7 bps
Equity / Assets2.43%2.23%2.00%2.20%2.47%+4 bps
Liquidity & Funding
Loans / Deposits69.81%75.91%71.45%67.76%68.26%-155 bps
Liquid Assets / Assets13.49%5.82%11.38%16.19%14.98%+150 bps
CRE / Total Capitaln/an/an/an/an/an/an/a