Pine City, MN · Cert 5226
FDIC
Q3 2007
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2007, the quarter ended September 30, 2007, 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.
Pine City, MN · Cert 5226
FDIC
Q3 2007
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 2005 | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.90% | 1.88% | 1.83% | 1.83% | 0.01% | 2.10% | 2.17% | 2.01% | +18 bps | |
| Return on Equity | 18.44% | 18.70% | 17.93% | 17.76% | 0.08% | 11.44% | 11.61% | 10.60% | -715 bps | |
| Net Interest Margin | 4.09% | 3.99% | 4.06% | 4.02% | 0.04% | 3.99% | 4.19% | 4.19% | +18 bps | |
| Efficiency Ratio | 58.20% | 55.50% | 57.37% | 57.65% | 82.14% | 52.57% | 52.54% | 56.52% | -113 bps | |
| Non-Interest Burden | 2.20% | 2.01% | 2.14% | 2.14% | 0.03% | 1.89% | 1.99% | 2.19% | +5 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.40% | -3.22% | 1.76% | -0.58% | 2.28% | 6.30% | 1.83% | 4.28% | +485 bps | |
| Loan Growth (YoY) | 6.00% | 5.22% | 3.93% | 2.30% | 3.10% | 1.00% | 3.50% | 4.66% | +236 bps | |
| Deposit Growth (YoY) | -0.18% | -3.70% | 2.57% | -0.69% | -7.36% | -3.55% | -8.49% | -6.31% | -562 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 | 0.02% | 0.01% | -0.02% | -0.02% | 0.01% | 0.00% | 0.12% | 0.08% | +9 bps | |
| Allowance / Loans | 1.43% | 1.44% | 1.44% | 1.42% | 1.41% | 1.43% | 1.31% | 1.28% | -14 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 | 20.40% | 21.68% | 22.08% | 21.60% | 19.36% | 24.46% | 24.09% | 24.26% | +266 bps | |
| Equity / Assets | 9.54% | 10.58% | 10.44% | 10.65% | 17.95% | 18.82% | 19.40% | 19.69% | +905 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 64.82% | 70.46% | 68.63% | 71.42% | 72.14% | 73.78% | 77.62% | 79.79% | +837 bps | |
| Liquid Assets / Assets | 0.23% | 0.25% | 0.06% | 0.07% | 0.06% | 0.07% | 0.07% | 0.07% | +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 |