West Bend, WI · Cert 58020
FDIC · 4 branches
Q3 2022
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2022, the quarter ended September 30, 2022, 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.
West Bend, WI · Cert 58020
FDIC · 4 branches
Q3 2022
Market Position · Milwaukee-Waukesha, WI · 2022 SOD (annual) · 0.6% share · #20 of 46 inst. · $0.6B of $90.8B
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 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.96% | 1.44% | 1.45% | 1.44% | 1.46% | 1.51% | 1.63% | 1.61% | +17 bps | |
| Return on Equity | 9.75% | 13.88% | 14.22% | 14.02% | 14.22% | 14.48% | 15.63% | 15.12% | +110 bps | |
| Net Interest Margin | 3.40% | 3.85% | 3.72% | 3.61% | 3.66% | 3.45% | 3.50% | 3.36% | -25 bps | |
| Efficiency Ratio | 45.07% | 42.41% | 43.13% | 44.55% | 42.95% | 47.83% | 46.74% | 51.15% | +659 bps | |
| Non-Interest Burden | 1.22% | 1.23% | 1.23% | 1.30% | 1.25% | 1.49% | 1.48% | 1.58% | +28 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.17% | 5.88% | 8.05% | 5.78% | 11.38% | 5.93% | 3.32% | 4.56% | -123 bps | |
| Loan Growth (YoY) | 4.12% | 8.97% | 3.58% | 4.95% | 15.26% | 2.84% | 9.71% | 9.77% | +482 bps | |
| Deposit Growth (YoY) | 5.35% | 6.46% | 8.51% | 4.37% | 10.48% | 4.31% | 2.68% | -3.50% | -787 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.08% | 1.05% | 0.23% | 0.08% | 1.05% | 0.04% | 0.04% | 0.04% | -5 bps | |
| Net Charge-Offs / Loans | 0.55% | -0.01% | 0.24% | 0.36% | 0.39% | -0.70% | -0.30% | -0.28% | -64 bps | |
| Allowance / Loans | 1.29% | 1.39% | 1.37% | 1.25% | 1.24% | 1.44% | 1.22% | 0.85% | -40 bps | |
| Allowance Coverage of NPLs | 1.2x | 1.3x | 5.9x | 15.4x | 1.2x | 32.9x | 32.0x | 23.5x | +8.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.08% | 10.52% | 10.28% | 10.31% | 10.52% | 10.70% | 11.09% | 10.84% | +53 bps | |
| Total Risk-Based Capital | 13.36% | 13.03% | 13.09% | 12.92% | 12.50% | 13.41% | 12.90% | 12.86% | -6 bps | |
| Equity / Assets | 10.33% | 10.37% | 9.84% | 10.45% | 10.22% | 10.66% | 10.50% | 11.13% | +69 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 97.70% | 102.10% | 96.72% | 102.73% | 101.93% | 100.66% | 103.33% | 116.86% | +1,413 bps | |
| Liquid Assets / Assets | 8.00% | 4.89% | 9.34% | 4.82% | 5.04% | 7.17% | 4.50% | 3.59% | -123 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |