Midland, TX · Cert 35028
FDIC · 17 branches
Q1 2023
Market Position · Midland, TX · 2022 SOD (annual) · 9.1% share · #6 of 17 inst. · $0.9B of $9.6B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.63% | 1.48% | 0.92% | 1.69% | 1.79% | 1.88% | 2.21% | 1.59% | -10 bps | |
| Return on Equity | 12.58% | 11.34% | 7.17% | 13.56% | 14.43% | 15.21% | 17.62% | 12.38% | -118 bps | |
| Net Interest Margin | 4.45% | 4.51% | 4.22% | 4.10% | 4.22% | 4.40% | 4.59% | 4.41% | +30 bps | |
| Efficiency Ratio | 52.75% | 53.77% | 72.29% | 49.75% | 49.91% | 48.37% | 42.49% | 44.88% | -487 bps | |
| Non-Interest Burden | 2.17% | 2.24% | 2.90% | 1.79% | 1.78% | 1.89% | 1.71% | 1.77% | -2 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.36% | 5.08% | 10.77% | 8.88% | 7.93% | 10.71% | 5.85% | 0.81% | -807 bps | |
| Loan Growth (YoY) | 4.36% | 2.37% | 5.42% | 0.96% | 3.97% | 6.28% | 7.25% | 7.03% | +607 bps | |
| Deposit Growth (YoY) | 6.53% | 9.14% | 11.02% | 9.13% | 7.98% | 11.53% | 5.06% | -4.03% | -1,316 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.83% | 0.71% | 0.58% | 0.40% | 0.86% | 0.78% | 0.69% | 1.19% | +78 bps | |
| Net Charge-Offs / Loans | 0.11% | 0.19% | 0.05% | 0.09% | 0.06% | 0.05% | 0.06% | 0.00% | -9 bps | |
| Allowance / Loans | 1.43% | 1.46% | 1.48% | 1.46% | 1.41% | 1.37% | 1.35% | 1.47% | +2 bps | |
| Allowance Coverage of NPLs | 1.7x | 2.0x | 2.5x | 3.6x | 1.6x | 1.8x | 2.0x | 1.2x | -2.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.33% | 10.40% | 10.28% | 10.25% | 10.52% | 10.58% | 10.63% | 10.89% | +64 bps | |
| Total Risk-Based Capital | 10.33% | 10.40% | 10.28% | 10.25% | 10.52% | 10.58% | 10.63% | 10.89% | +64 bps | |
| Equity / Assets | 13.12% | 12.95% | 12.68% | 12.31% | 12.44% | 12.33% | 12.73% | 13.03% | +73 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 92.63% | 92.60% | 89.07% | 86.22% | 89.19% | 88.24% | 90.93% | 96.16% | +994 bps | |
| Liquid Assets / Assets | 11.75% | 10.82% | 14.13% | 10.39% | 6.81% | 8.65% | 6.72% | 5.40% | -499 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |