Fargo, ND · Cert 3924
FDIC
Q3 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2004, the quarter ended September 30, 2004, 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.
Fargo, ND · Cert 3924
FDIC
Q3 2004
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 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.92% | 1.76% | 1.83% | 1.81% | 1.82% | 1.70% | 1.74% | 1.71% | -10 bps | |
| Return on Equity | 20.20% | 18.01% | 18.30% | 18.30% | 18.52% | 18.46% | 19.46% | 19.21% | +91 bps | |
| Net Interest Margin | 4.75% | 4.62% | 4.64% | 4.69% | 4.67% | 4.44% | 4.39% | 4.35% | -34 bps | |
| Efficiency Ratio | 50.02% | 51.88% | 51.15% | 51.73% | 51.82% | 54.73% | 53.37% | 53.96% | +222 bps | |
| Non-Interest Burden | 1.69% | 1.73% | 1.69% | 1.71% | 1.71% | 1.78% | 1.66% | 1.70% | -1 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.09% | 2.15% | -0.21% | -2.40% | -6.18% | -4.69% | -0.20% | -0.27% | +214 bps | |
| Loan Growth (YoY) | -4.21% | -4.34% | -6.19% | -7.91% | -7.05% | -5.27% | 0.16% | 3.42% | +1,133 bps | |
| Deposit Growth (YoY) | -1.75% | -1.01% | -1.45% | -5.84% | -5.88% | -3.21% | -1.53% | 0.40% | +624 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 | 0.34% | 0.54% | 0.53% | 0.50% | 0.50% | 0.25% | 0.24% | 0.22% | -28 bps | |
| Allowance / Loans | 1.57% | 1.57% | 1.58% | 1.61% | 1.57% | 1.58% | 1.53% | 1.52% | -8 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 | 12.07% | 13.16% | 13.73% | 12.29% | 12.36% | 11.58% | 11.30% | 11.21% | -108 bps | |
| Equity / Assets | 9.50% | 10.04% | 10.54% | 9.53% | 9.48% | 8.98% | 8.37% | 8.77% | -76 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 76.55% | 76.87% | 76.75% | 76.80% | 75.60% | 75.23% | 78.06% | 79.11% | +231 bps | |
| Liquid Assets / Assets | 0.01% | 0.12% | 0.08% | 0.05% | 0.05% | 0.02% | 0.03% | 0.04% | -1 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |