Department Stores National Bank

Sioux Falls, SD · Cert 58180

FDIC · 1 branch

Q2 2022

$717.2MAssets

$38.7MLoans

$250.2MDeposits

$458.8MEquity

Deposit mix

NIM

Market Position · Sioux Falls, SD · 2022 SOD (annual) · 0.0% share · #12 of 40 inst. · $0.3B of $690.0B

Earnings: ROA of 0.89%, up 56 bps year over year; NIM at 1.64%.
Asset quality: problem loans at 1.08% of loans (+18 bps YoY), with net recoveries of 0.50%.

Return on Assets (quarter, annualized)

0.89%+56 bps YoY

Net Interest Margin (quarter, annualized)

1.64%+60 bps YoY

Efficiency Ratio (quarter, annualized)

26.26%-4,839 bps YoY

Tier 1 Leverage Ratio

62.59%+4 bps YoY

Discrete quarter, annualized.

Metric	Q2 2021	Q3 2021	Q4 2021	Q1 2022	Q2 2022	YoY Δ	Trend
Earnings
Return on Assets	0.33%	0.97%	0.62%	0.86%	0.89%	+56 bps
Return on Equity	0.52%	1.52%	0.98%	1.37%	1.41%	+89 bps
Net Interest Margin	1.03%	1.22%	0.92%	1.45%	1.64%	+60 bps
Efficiency Ratio	74.64%	13.42%	33.12%	27.35%	26.26%	-4,839 bps
Non-Interest Burden	0.79%	0.17%	0.31%	0.39%	0.45%	-34 bps
Growth
Asset Growth (YoY)	119.79%	0.47%	1.01%	0.96%	1.06%	-11,873 bps
Loan Growth (YoY)	-15.30%	-7.82%	-3.71%	-4.91%	-5.04%	+1,026 bps
Deposit Growth (YoY)	-0.02%	0.00%	0.01%	0.04%	0.02%	+4 bps
Asset Quality
Nonperforming Loans / Loans	0.90%	0.96%	0.94%	1.15%	1.08%	+18 bps
Net Charge-Offs / Loans	-0.16%	-0.46%	-0.44%	-0.40%	-0.50%	-34 bps
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance Coverage of NPLs	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Capital
Tier 1 Leverage Ratio	62.55%	63.93%	52.30%	63.74%	62.59%	+4 bps
Total Risk-Based Capital	247%	249%	239%	242%	251%	+390 bps
Equity / Assets	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Liquidity & Funding
Loans / Deposits	16.29%	15.45%	19.30%	14.33%	15.46%	-82 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a