Sioux Center, IA · Cert 4503
FDIC
Q3 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2013, the quarter ended September 30, 2013, 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.
Sioux Center, IA · Cert 4503
FDIC
Q3 2013
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 2011 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.40% | 0.37% | 0.42% | 0.41% | 0.33% | 0.23% | 0.28% | 0.40% | -1 bps | |
| Return on Equity | 3.35% | 3.18% | 3.54% | 3.45% | 2.80% | 2.07% | 2.51% | 3.48% | +2 bps | |
| Net Interest Margin | 3.21% | 2.92% | 3.07% | 3.18% | 2.94% | 2.78% | 2.79% | 2.95% | -23 bps | |
| Efficiency Ratio | 79.06% | 84.97% | 82.23% | 82.40% | 85.96% | 91.34% | 92.41% | 89.16% | +676 bps | |
| Non-Interest Burden | 2.47% | 2.44% | 2.47% | 2.56% | 2.49% | 2.53% | 2.57% | 2.61% | +5 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.73% | 5.21% | -0.03% | 5.44% | 9.70% | 5.96% | 5.64% | -4.34% | -978 bps | |
| Loan Growth (YoY) | -6.05% | -6.84% | -0.04% | -4.18% | -3.22% | -1.31% | -1.45% | 12.86% | +1,704 bps | |
| Deposit Growth (YoY) | 10.09% | 8.95% | 2.76% | 7.02% | 12.23% | 7.53% | 6.74% | -4.55% | -1,158 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 | 0.51% | 0.03% | -0.09% | -0.22% | -0.11% | 0.00% | -0.01% | 0.00% | +22 bps | |
| Allowance / Loans | 1.65% | 1.80% | 1.80% | 1.95% | 1.94% | 2.04% | 1.96% | 1.70% | -24 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 | 15.62% | 16.27% | 16.01% | 15.80% | 15.46% | 16.01% | 15.06% | 14.17% | -163 bps | |
| Equity / Assets | 11.77% | 11.54% | 12.32% | 11.61% | 10.96% | 11.07% | 11.54% | 12.01% | +41 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 70.10% | 63.26% | 69.88% | 65.13% | 60.45% | 58.06% | 64.52% | 77.01% | +1,188 bps | |
| Liquid Assets / Assets | 4.27% | 2.95% | 3.19% | 10.47% | 8.99% | 7.03% | 4.04% | 3.86% | -661 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |