Eden Prairie, MN · Cert 57695
FDIC · 1 branch
Q2 2023
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2023, the quarter ended June 30, 2023, 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.
Eden Prairie, MN · Cert 57695
FDIC · 1 branch
Q2 2023
Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2023 SOD (annual) · 0.0% share · #107 of 137 inst. · $0.1B of $237.6B
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 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.90% | 1.03% | 0.62% | 0.88% | 1.11% | 1.07% | 0.82% | 0.72% | -16 bps | |
| Return on Equity | 8.12% | 9.22% | 5.84% | 8.93% | 11.60% | 11.39% | 9.21% | 8.10% | -83 bps | |
| Net Interest Margin | 3.52% | 3.58% | 3.57% | 3.36% | 3.63% | 3.49% | 3.46% | 3.36% | +1 bps | |
| Efficiency Ratio | 68.55% | 65.70% | 74.59% | 66.52% | 61.39% | 61.93% | 67.72% | 66.70% | +18 bps | |
| Non-Interest Burden | 2.24% | 2.16% | 2.66% | 2.15% | 2.10% | 2.07% | 2.34% | 2.24% | +9 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.24% | 5.35% | 14.39% | 25.79% | 19.61% | 23.86% | 13.18% | 5.15% | -2,065 bps | |
| Loan Growth (YoY) | 0.70% | 7.09% | 17.47% | 31.90% | 24.31% | 25.88% | 15.76% | 6.66% | -2,523 bps | |
| Deposit Growth (YoY) | 4.05% | 4.25% | 6.22% | 9.78% | -0.76% | -6.50% | -4.29% | -4.54% | -1,432 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 | -0.04% | -0.03% | -0.01% | -0.01% | -0.01% | -0.01% | -0.02% | 0.02% | +3 bps | |
| Allowance / Loans | 1.28% | 1.21% | 1.14% | 1.05% | 1.07% | 1.02% | 1.02% | 0.98% | -7 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 | 10.94% | 11.16% | 10.37% | 9.53% | 10.09% | 9.82% | 10.08% | 10.00% | +46 bps | |
| Total Risk-Based Capital | 14.36% | 14.28% | 13.35% | 13.22% | 13.95% | 13.76% | 13.82% | 13.10% | -12 bps | |
| Equity / Assets | 11.23% | 11.38% | 10.04% | 8.39% | 8.87% | 8.80% | 9.02% | 8.92% | +53 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 103.28% | 103.99% | 114.52% | 124.85% | 129.37% | 139.99% | 138.51% | 139.51% | +1,466 bps | |
| Liquid Assets / Assets | 0.18% | 0.08% | 0.02% | 0.01% | 0.26% | 0.08% | 0.01% | 0.33% | +32 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |