Fort Madison, IA · Cert 5819
FDIC · 3 branches
Q3 2023
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 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.72% | 1.16% | 1.24% | 0.98% | 1.12% | 0.86% | 0.81% | 0.80% | -17 bps | |
| Return on Equity | 15.46% | 10.62% | 11.14% | 9.42% | 10.58% | 6.83% | 6.09% | 5.83% | -358 bps | |
| Net Interest Margin | 3.57% | 2.96% | 3.21% | 3.27% | 3.13% | 3.20% | 3.57% | 3.50% | +22 bps | |
| Efficiency Ratio | 51.10% | 54.05% | 52.22% | 63.19% | 58.13% | 47.88% | 48.55% | 49.43% | -1,376 bps | |
| Non-Interest Burden | 1.74% | 1.52% | 1.58% | 1.99% | 1.74% | 1.84% | 2.06% | 2.07% | +7 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 10.55% | 4.26% | 4.20% | 4.20% | 13.96% | 8.64% | 6.22% | 6.09% | +189 bps | |
| Loan Growth (YoY) | 4.88% | 4.26% | 6.72% | 7.39% | 3.47% | 3.19% | 1.14% | -0.21% | -761 bps | |
| Deposit Growth (YoY) | 13.27% | 6.42% | 6.41% | 10.88% | 16.41% | 7.64% | 3.42% | -3.94% | -1,482 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.06% | 0.11% | 0.11% | 0.11% | 0.10% | 0.10% | 0.47% | 0.46% | +35 bps | |
| Net Charge-Offs / Loans | 0.01% | -0.01% | 0.00% | -0.01% | 0.00% | -0.01% | 0.04% | 0.03% | +4 bps | |
| Allowance / Loans | 1.17% | 1.14% | 1.12% | 1.12% | 0.04% | 1.18% | 1.20% | 1.21% | +9 bps | |
| Allowance Coverage of NPLs | 21.0x | 9.9x | 10.1x | 10.3x | 0.4x | 11.7x | 2.6x | 2.6x | -7.7x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.61% | 10.79% | 11.68% | 8.00% | 4.51% | 6.86% | 7.81% | 8.13% | +13 bps | |
| Total Risk-Based Capital | 11.61% | 10.79% | 11.68% | 8.00% | 7.04% | 11.85% | 12.10% | 12.89% | +489 bps | |
| Equity / Assets | 10.47% | 11.43% | 11.68% | 7.88% | 11.12% | 14.34% | 14.92% | 15.06% | +719 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 91.73% | 102.49% | 104.58% | 100.04% | 81.53% | 98.25% | 102.28% | 103.93% | +388 bps | |
| Liquid Assets / Assets | 21.99% | 13.78% | 12.01% | 11.71% | 21.43% | 9.12% | 7.03% | 7.36% | -435 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |