Minnetonka, MN · Cert 35487
FDIC
Q2 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2013, the quarter ended June 30, 2013, 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.
Minnetonka, MN · Cert 35487
FDIC
Q2 2013
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 | Q3 2011 | Q4 2011 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.61% | 0.73% | 1.40% | 1.49% | 1.58% | 1.72% | 1.76% | 0.21% | -128 bps | |
| Return on Equity | 6.83% | 8.67% | 17.76% | 18.20% | 20.47% | 22.29% | 21.37% | 2.28% | -1,592 bps | |
| Net Interest Margin | 3.66% | 3.07% | 3.86% | 4.11% | 3.33% | 3.26% | 3.55% | 1.63% | -248 bps | |
| Efficiency Ratio | 91.51% | 89.69% | 89.31% | 88.55% | 87.52% | 86.31% | 86.21% | 96.30% | +774 bps | |
| Non-Interest Burden | 2.17% | 1.53% | 1.19% | 1.09% | 0.63% | 0.20% | -0.10% | 1.19% | +10 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -12.07% | 25.45% | 25.12% | 29.81% | 42.76% | 9.72% | 18.81% | 16.53% | -1,328 bps | |
| Loan Growth (YoY) | -14.65% | 25.48% | 38.96% | 38.10% | 47.99% | 13.16% | 21.87% | 8.34% | -2,977 bps | |
| Deposit Growth (YoY) | -20.53% | 14.71% | 15.13% | 16.99% | 55.54% | 12.45% | 3.58% | 12.61% | -438 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 | 0.58% | 0.62% | 0.00% | 0.01% | 0.19% | 0.15% | 0.22% | 0.00% | -2 bps | |
| Allowance / Loans | 0.88% | 0.73% | 1.04% | 0.98% | 0.57% | 0.87% | 1.17% | 0.02% | -96 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 | 11.95% | 11.79% | 14.63% | 14.05% | 11.75% | 13.24% | 15.06% | 12.90% | -115 bps | |
| Equity / Assets | 7.43% | 6.82% | 9.28% | 8.78% | 6.74% | 7.58% | 9.03% | 11.55% | +277 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 113.34% | 117.20% | 104.55% | 118.37% | 107.84% | 117.94% | 123.01% | 113.87% | -449 bps | |
| Liquid Assets / Assets | 2.42% | 3.35% | 3.40% | 2.53% | 4.05% | 3.10% | 4.07% | 6.48% | +395 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |