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First National Bank in Wadena, The

Wadena, MN · Cert 5268

FDIC · 1 branch

Q1 2017

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2017, the quarter ended March 31, 2017, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

First National Bank in Wadena, The

Wadena, MN · Cert 5268

FDIC · 1 branch

Q1 2017

$56.2MAssets
$28.0MLoans
$50.6MDeposits
$5.3MEquity
Loan mix
86%RE $21.7M10%C&I $2.5M4%Consumer $1.1MQ1 2016Q1 2017
Deposit mix
78%Interest-bearing $39.3M22%Noninterest $11.3MQ1 2016Q1 2017

NIM

3.52%Q1 ’153.47%Q1 ’163.40%Q1 ’17-2%-2%

Non-interest income vs. expense

3.04%Q1 ’153.08%Q1 ’162.66%Q1 ’17+4%-20%

Executive Summary

  • Earnings: ROA of 0.59%, up 40 bps year over year; NIM at 2.94%.
  • Asset quality: problem loans at 0.52% of loans (+52 bps YoY), with net recoveries of 0.03%.
  • Capital: tier 1 leverage ratio of 9.37%, up 8 bps from a year ago.
  • Funding: loans stand at 55.29% of deposits as of Q1 2017.

Financial Results

Return on Assets (YTD, annualized)

0.59%+40 bps YoY

Net Interest Margin (YTD, annualized)

2.94%-5 bps YoY

Efficiency Ratio (YTD, annualized)

79.13%-1,524 bps YoY

Tier 1 Leverage Ratio

9.37%+8 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2016Q2 2016Q3 2016Q4 2016Q1 2017YoY ΔTrend
Earnings
Return on Assets0.19%0.53%0.44%0.48%0.59%+40 bps
Return on Equity1.95%5.53%4.57%4.99%6.37%+442 bps
Net Interest Margin2.99%2.97%3.03%3.00%2.94%-5 bps
Efficiency Ratio94.37%88.48%87.91%85.74%79.13%-1,524 bps
Non-Interest Burden2.81%2.60%2.63%2.52%2.24%-57 bps
Growth
Asset Growth (YoY)-2.13%2.74%0.92%1.72%1.43%+356 bps
Loan Growth (YoY)5.45%4.53%4.70%3.23%2.74%-271 bps
Deposit Growth (YoY)-2.18%3.15%1.40%1.95%1.84%+402 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.52%+52 bps
Net Charge-Offs / Loans-0.60%-0.34%-0.23%-0.16%-0.03%+57 bps
Allowance / Loans1.64%1.51%1.46%1.45%1.48%-17 bps
Allowance Coverage of NPLsn/an/an/an/a2.8xn/an/a
Capital
Tier 1 Leverage Ratio9.29%9.31%9.35%9.05%9.37%+8 bps
Total Risk-Based Capital17.78%18.52%18.01%17.50%18.12%+34 bps
Equity / Assets9.80%9.78%9.89%9.04%9.50%-30 bps
Liquidity & Funding
Loans / Deposits54.80%53.09%56.37%54.22%55.29%+49 bps
Liquid Assets / Assets4.92%5.17%5.27%4.29%5.29%+37 bps
CRE / Total Capitaln/an/an/an/an/an/an/a