PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

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 $1.1MQ2 2015Q1 2017
Deposit mix
78%Interest-bearing $39.3M22%Noninterest $11.3MQ2 2015Q1 2017

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.

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

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%

Year to date, annualized, through each quarter.

MetricQ2 2015Q3 2015Q4 2015Q1 2016Q2 2016Q3 2016Q4 2016Q1 2017YoY ΔTrend
Earnings
Return on Assets0.69%0.70%0.60%0.19%0.53%0.44%0.48%0.59%+40 bps
Return on Equity7.46%7.52%6.43%1.95%5.53%4.57%4.99%6.37%+442 bps
Net Interest Margin2.96%3.04%2.99%2.99%2.97%3.03%3.00%2.94%-5 bps
Efficiency Ratio85.74%83.98%84.39%94.37%88.48%87.91%85.74%79.13%-1,524 bps
Non-Interest Burden2.48%2.47%2.44%2.81%2.60%2.63%2.52%2.24%-57 bps
Growth
Asset Growth (YoY)1.52%2.06%1.81%-2.13%2.74%0.92%1.72%1.43%+356 bps
Loan Growth (YoY)3.18%4.24%2.98%5.45%4.53%4.70%3.23%2.74%-271 bps
Deposit Growth (YoY)1.06%0.53%1.52%-2.18%3.15%1.40%1.95%1.84%+402 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.52%+52 bps
Net Charge-Offs / Loans0.33%0.22%0.16%-0.60%-0.34%-0.23%-0.16%-0.03%+57 bps
Allowance / Loans1.56%1.49%1.48%1.64%1.51%1.46%1.45%1.48%-17 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a2.8xn/an/a
Capital
Tier 1 Leverage Ratio8.98%9.24%9.08%9.29%9.31%9.35%9.05%9.37%+8 bps
Total Risk-Based Capital17.24%17.55%17.46%17.78%18.52%18.01%17.50%18.12%+34 bps
Equity / Assets9.33%9.65%9.21%9.80%9.78%9.89%9.04%9.50%-30 bps
Liquidity & Funding
Loans / Deposits52.39%54.59%53.55%54.80%53.09%56.37%54.22%55.29%+49 bps
Liquid Assets / Assets5.32%5.75%4.80%4.92%5.17%5.27%4.29%5.29%+37 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a