First National Bank of Battle Lake, The

Battle Lake, MN · Cert 5090

FDIC · 1 branch

Q4 2017

$80.6MAssets

$45.2MLoans

$70.3MDeposits

$10.1MEquity

Loan mix

Deposit mix

NIM

Earnings: ROA of 1.48%, down 20 bps year over year; NIM at 3.48%.
Asset quality: problem loans at 0.15% of loans (+15 bps YoY), with net charge-offs at 0.29%.

Return on Assets (quarter, annualized)

1.48%-20 bps YoY

Net Interest Margin (quarter, annualized)

3.48%+22 bps YoY

Efficiency Ratio (quarter, annualized)

61.27%+485 bps YoY

Tier 1 Leverage Ratio

12.24%+49 bps YoY

Discrete quarter, annualized.

Metric	Q4 2016	Q1 2017	Q2 2017	Q3 2017	Q4 2017	YoY Δ	Trend
Earnings
Return on Assets	1.69%	1.70%	1.90%	1.70%	1.48%	-20 bps
Return on Equity	13.60%	14.00%	15.15%	13.53%	11.86%	-175 bps
Net Interest Margin	3.26%	3.25%	3.42%	3.54%	3.48%	+22 bps
Efficiency Ratio	56.42%	55.51%	51.50%	55.10%	61.27%	+485 bps
Non-Interest Burden	1.50%	1.52%	1.39%	1.70%	1.85%	+36 bps
Growth
Asset Growth (YoY)	2.70%	5.97%	0.94%	3.13%	1.53%	-117 bps
Loan Growth (YoY)	12.16%	23.92%	17.72%	16.11%	11.52%	-64 bps
Deposit Growth (YoY)	3.38%	8.01%	2.14%	3.53%	3.65%	+26 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.57%	0.23%	0.23%	0.15%	+15 bps
Net Charge-Offs / Loans	1.49%	-0.02%	0.00%	-0.02%	0.29%	-120 bps
Allowance / Loans	0.98%	1.00%	1.01%	1.07%	1.04%	+6 bps
Allowance Coverage of NPLs	n/a	1.7x	4.3x	4.7x	6.7x	n/a
Capital
Tier 1 Leverage Ratio	11.75%	12.42%	12.21%	11.84%	12.24%	+49 bps
Total Risk-Based Capital	20.26%	20.64%	19.60%	19.38%	19.80%	-46 bps
Equity / Assets	11.94%	12.38%	12.72%	12.46%	12.57%	+62 bps
Liquidity & Funding
Loans / Deposits	59.69%	59.49%	62.24%	62.47%	64.22%	+454 bps
Liquid Assets / Assets	0.13%	0.12%	0.12%	0.12%	0.17%	+4 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a