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Great Plains National Bank

Belfield, ND · Cert 3898

FDIC

Q1 2014

$217.1MAssets
$124.8MLoans
$193.3MDeposits
$23.2MEquity
Loan mix
77%RE $58.5M15%C&I $11.2M8%Consumer $6.1MQ1 2013Q1 2014
Deposit mix
78%Interest-bearing $151.5M22%Noninterest $41.8MQ1 2013Q1 2014

NIM

4.10%Q1 ’123.84%Q1 ’133.52%Q1 ’14-3%-6%

Non-interest income vs. expense

1.77%Q1 ’121.66%Q1 ’131.46%Q1 ’14-6%-33%

Executive Summary

  • Earnings: ROA of 2.31%, up 50 bps year over year; NIM at 3.30%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 64.57% of deposits as of Q1 2014.

Financial Results

Return on Assets (YTD, annualized)

2.31%+50 bps YoY

Net Interest Margin (YTD, annualized)

3.30%-23 bps YoY

Efficiency Ratio (YTD, annualized)

38.50%-510 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 Assets1.81%2.14%2.24%0.00%2.31%+50 bps
Return on Equity20.51%23.68%24.41%0.00%22.24%+173 bps
Net Interest Margin3.53%3.61%3.78%0.00%3.30%-23 bps
Efficiency Ratio43.60%42.93%41.33%n/a38.50%-510 bps
Non-Interest Burden1.44%1.46%1.44%0.00%0.97%-47 bps
Growth
Asset Growth (YoY)15.64%5.33%4.76%15.31%12.79%-285 bps
Loan Growth (YoY)3.11%4.14%2.56%9.10%14.32%+1,121 bps
Deposit Growth (YoY)15.92%5.25%4.85%13.88%10.67%-525 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.02%-0.01%0.00%0.00%0.00%+2 bps
Allowance / Loans1.66%1.48%1.52%0.00%0.00%-166 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 Capital13.52%12.71%13.46%11.35%12.68%-84 bps
Equity / Assets8.81%9.41%9.67%10.07%10.69%+188 bps
Liquidity & Funding
Loans / Deposits62.51%76.42%76.67%65.86%64.57%+206 bps
Liquid Assets / Assets9.82%0.51%0.52%3.69%13.34%+352 bps
CRE / Total Capitaln/an/an/an/an/an/an/a