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Minnwest Bank Sioux Falls

Sioux Falls, SD · Cert 35545

FDIC

Q1 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: Q1 2014, the quarter ended March 31, 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

Minnwest Bank Sioux Falls

Sioux Falls, SD · Cert 35545

FDIC

Q1 2014

$112.9MAssets
$90.8MLoans
$98.3MDeposits
$10.3MEquity
Loan mix
78%RE $50.5M18%C&I $11.8M3%Consumer $2.0MQ1 2013Q1 2014
Deposit mix
88%Interest-bearing $86.4M12%Noninterest $11.9MQ1 2013Q1 2014

NIM

4.49%Q1 ’124.14%Q1 ’134.40%Q1 ’14-2%+9%

Non-interest income vs. expense

2.04%Q1 ’122.31%Q1 ’132.47%Q1 ’14+17%+7%

Executive Summary

  • Earnings: ROA of 0.96%, up 13 bps year over year; NIM at 3.67%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.05%.
  • Funding: loans stand at 92.34% of deposits as of Q1 2014.

Financial Results

Return on Assets (YTD, annualized)

0.96%+13 bps YoY

Net Interest Margin (YTD, annualized)

3.67%+30 bps YoY

Efficiency Ratio (YTD, annualized)

60.89%-98 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2013Q2 2013Q3 2013Q4 2013Q1 2014YoY ΔTrend
Earnings
Return on Assets0.83%0.83%0.86%0.98%0.96%+13 bps
Return on Equity9.87%9.67%9.90%11.13%10.42%+56 bps
Net Interest Margin3.38%3.46%3.49%3.68%3.67%+30 bps
Efficiency Ratio61.87%63.19%62.39%62.88%60.89%-98 bps
Non-Interest Burden1.96%2.07%2.05%2.19%2.08%+13 bps
Growth
Asset Growth (YoY)-0.30%1.86%-2.20%-5.45%-4.86%-456 bps
Loan Growth (YoY)-6.56%-1.90%-2.12%10.25%11.70%+1,826 bps
Deposit Growth (YoY)-0.55%3.32%-1.24%-5.14%-4.44%-389 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.21%-0.44%-0.42%-0.32%0.05%+26 bps
Allowance / Loans1.67%1.78%1.84%1.51%1.54%-12 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 Capital13.95%13.76%13.55%12.79%13.08%-87 bps
Equity / Assets8.37%8.83%9.11%9.32%9.15%+78 bps
Liquidity & Funding
Loans / Deposits79.00%83.38%88.13%97.06%92.34%+1,334 bps
Liquid Assets / Assets21.41%17.62%13.83%8.69%13.06%-835 bps
CRE / Total Capitaln/an/an/an/an/an/an/a