Mahnomen, MN · Cert 5190
FDIC · 2 branches
Q3 2018
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2018, the quarter ended September 30, 2018, 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.
Mahnomen, MN · Cert 5190
FDIC · 2 branches
Q3 2018
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 2016 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.63% | 0.92% | 1.15% | 1.24% | 0.94% | 0.80% | 0.91% | 1.03% | -22 bps | |
| Return on Equity | 18.13% | 10.81% | 13.17% | 14.12% | 10.67% | 7.46% | 7.84% | 8.45% | -567 bps | |
| Net Interest Margin | 3.50% | 3.45% | 3.62% | 3.69% | 3.63% | 2.74% | 3.55% | 3.89% | +20 bps | |
| Efficiency Ratio | 63.39% | 76.45% | 71.87% | 69.91% | 76.83% | 72.77% | 64.74% | 63.98% | -593 bps | |
| Non-Interest Burden | 1.75% | 2.54% | 2.48% | 2.45% | 2.69% | 1.82% | 2.23% | 2.40% | -5 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.92% | 5.63% | 6.59% | 3.13% | 1.23% | 8.95% | 2.82% | 0.00% | -312 bps | |
| Loan Growth (YoY) | -0.27% | 2.40% | 3.88% | 2.55% | 1.24% | -2.16% | -4.70% | -10.39% | -1,295 bps | |
| Deposit Growth (YoY) | 6.51% | 5.60% | 6.39% | 3.95% | 0.67% | 4.62% | -1.51% | -4.67% | -862 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.36% | 0.65% | 0.22% | 0.79% | 0.22% | 0.77% | 1.11% | +88 bps | |
| Net Charge-Offs / Loans | -0.10% | 0.00% | 0.02% | 0.02% | 0.01% | -0.01% | 0.00% | 0.00% | -2 bps | |
| Allowance / Loans | 1.01% | 1.00% | 0.94% | 0.91% | 1.00% | 0.01% | 0.24% | 0.36% | -55 bps | |
| Allowance Coverage of NPLs | n/a | 2.7x | 1.4x | 4.1x | 1.3x | 0.0x | 0.3x | 0.3x | -3.8x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.69% | 8.70% | 8.90% | 8.82% | 8.60% | 8.96% | 9.46% | 10.09% | +127 bps | |
| Total Risk-Based Capital | 13.46% | 13.66% | 13.32% | 12.86% | 13.58% | 13.67% | 14.16% | 15.04% | +218 bps | |
| Equity / Assets | 8.55% | 8.55% | 9.16% | 8.98% | 8.73% | 12.62% | 13.46% | 13.79% | +481 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 70.79% | 70.45% | 76.19% | 77.60% | 71.19% | 65.89% | 73.72% | 72.94% | -466 bps | |
| Liquid Assets / Assets | 23.86% | 22.39% | 17.38% | 16.04% | 22.53% | 25.69% | 7.36% | 7.74% | -830 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |