Creston, IA · Cert 4444
FDIC · 4 branches
Q1 2024
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.60% | 0.59% | 0.62% | 0.50% | 0.48% | -12 bps | |
| Return on Equity | 8.67% | 8.11% | 8.64% | 6.65% | 6.05% | -261 bps | |
| Net Interest Margin | 2.49% | 2.49% | 2.47% | 2.40% | 2.22% | -27 bps | |
| Efficiency Ratio | 75.35% | 75.83% | 74.76% | 77.49% | 77.27% | +192 bps | |
| Non-Interest Burden | 1.64% | 1.66% | 1.60% | 1.69% | 1.51% | -13 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 4.05% | 4.97% | 3.06% | 0.09% | 0.99% | -306 bps | |
| Loan Growth (YoY) | 12.63% | 14.36% | 8.81% | 2.39% | 0.06% | -1,256 bps | |
| Deposit Growth (YoY) | 1.77% | -4.99% | -9.64% | -7.09% | -5.61% | -738 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.50% | 0.28% | 0.20% | 0.32% | 0.39% | -11 bps | |
| Net Charge-Offs / Loans | 0.05% | -0.02% | 0.00% | 0.03% | 0.02% | -3 bps | |
| Allowance / Loans | 1.11% | 1.14% | 1.19% | 1.22% | 1.27% | +15 bps | |
| Allowance Coverage of NPLs | 2.2x | 4.1x | 6.1x | 3.8x | 3.3x | +1.0x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 8.71% | 8.89% | 9.06% | 9.23% | 9.41% | +71 bps | |
| Total Risk-Based Capital | 12.82% | 13.07% | 13.18% | 13.50% | 14.47% | +164 bps | |
| Equity / Assets | 7.19% | 7.28% | 7.15% | 7.97% | 8.04% | +85 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 74.91% | 79.41% | 84.39% | 81.16% | 79.41% | +450 bps | |
| Liquid Assets / Assets | 0.52% | 0.37% | 0.34% | 0.39% | 4.12% | +360 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |