Minneapolis, MN · Cert 35576
FDIC
Q2 2009
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2009, the quarter ended June 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.
Minneapolis, MN · Cert 35576
FDIC
Q2 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 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.58% | 0.25% | -1.15% | -1.31% | -1.17% | -0.89% | -2.74% | -0.87% | +44 bps | |
| Return on Equity | 4.25% | 1.84% | -7.84% | -9.18% | -8.16% | -6.29% | -21.11% | -6.80% | +238 bps | |
| Net Interest Margin | 3.74% | 3.54% | 3.46% | 3.03% | 3.18% | 2.92% | 2.90% | 1.12% | -191 bps | |
| Efficiency Ratio | 104.48% | 108.47% | 135.88% | 142.20% | 133.20% | 125.00% | 162.28% | 151.61% | +941 bps | |
| Non-Interest Burden | 4.02% | 4.04% | 5.51% | 5.12% | 4.89% | 4.11% | 5.56% | 1.63% | -349 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -10.59% | 0.03% | -12.69% | 0.71% | -7.20% | -1.19% | 11.32% | -26.33% | -2,704 bps | |
| Loan Growth (YoY) | 4.39% | -11.24% | -19.37% | -10.77% | -12.78% | 33.14% | 23.22% | -9.50% | +127 bps | |
| Deposit Growth (YoY) | -12.35% | 1.73% | -8.83% | 6.01% | -1.76% | 3.36% | 13.13% | -28.58% | -3,458 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 | -0.86% | -0.81% | -0.46% | -0.44% | 0.37% | 0.05% | 0.62% | 1.03% | +147 bps | |
| Allowance / Loans | 3.29% | 4.00% | 3.85% | 3.66% | 3.52% | 2.96% | 2.83% | 0.00% | -366 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 | 17.19% | 19.77% | 19.63% | 15.87% | 17.30% | 14.88% | 17.11% | 13.83% | -204 bps | |
| Equity / Assets | 14.50% | 14.11% | 15.22% | 13.51% | 14.53% | 13.49% | 12.46% | 12.38% | -113 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 86.40% | 68.30% | 76.87% | 76.80% | 76.71% | 87.97% | 83.72% | 97.31% | +2,051 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |