Fargo, ND · Cert 58580
FDIC · 10 branches
Q3 2020
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2020, the quarter ended September 30, 2020, 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.
Fargo, ND · Cert 58580
FDIC · 10 branches
Q3 2020
Market Position · Bismarck, ND · 2020 SOD (annual) · 2.0% share · #13 of 19 inst. · $0.1B of $5.1B
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 2018 | Q1 2019 | Q2 2019 | Q3 2019 | Q4 2019 | Q1 2020 | Q2 2020 | Q3 2020 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.78% | 0.83% | 0.85% | 0.27% | 0.31% | 0.94% | 1.27% | 1.30% | +104 bps | |
| Return on Equity | 6.85% | 7.42% | 7.65% | 2.40% | 2.66% | 6.57% | 9.16% | 9.49% | +709 bps | |
| Net Interest Margin | 3.84% | 3.77% | 3.70% | 3.74% | 0.99% | 4.10% | 4.33% | 3.97% | +23 bps | |
| Efficiency Ratio | 77.47% | 75.91% | 74.95% | 92.49% | 67.25% | 71.36% | 63.15% | 63.51% | -2,898 bps | |
| Non-Interest Burden | 2.59% | 2.39% | 2.34% | 3.24% | 0.52% | 2.42% | 2.08% | 1.81% | -143 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.11% | 6.83% | 7.03% | 5.03% | 0.25% | -0.94% | 9.31% | 11.88% | +685 bps | |
| Loan Growth (YoY) | 7.01% | 5.10% | 4.99% | 4.62% | -5.71% | -7.15% | 2.79% | 11.84% | +723 bps | |
| Deposit Growth (YoY) | 8.86% | 9.36% | 7.30% | 4.53% | -3.15% | -4.50% | 6.72% | 9.99% | +546 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.95% | 0.95% | 1.06% | 0.96% | 0.96% | 0.93% | 0.92% | 0.84% | -12 bps | |
| Net Charge-Offs / Loans | 0.03% | 0.05% | 0.05% | 0.20% | 0.01% | 0.22% | 0.10% | 0.10% | -10 bps | |
| Allowance / Loans | 1.33% | 1.34% | 1.35% | 1.27% | 0.03% | 0.02% | 0.18% | 0.18% | -109 bps | |
| Allowance Coverage of NPLs | 1.4x | 1.4x | 1.3x | 1.3x | 0.0x | 0.0x | 0.2x | 0.2x | -1.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.14% | 8.27% | 8.02% | 7.82% | 8.12% | 8.16% | 8.02% | 7.90% | +8 bps | |
| Total Risk-Based Capital | 11.22% | 11.33% | 11.29% | 11.02% | 10.58% | 10.31% | 10.89% | 10.58% | -44 bps | |
| Equity / Assets | 11.05% | 11.21% | 11.10% | 11.06% | 14.11% | 14.48% | 13.16% | 13.27% | +221 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 91.44% | 92.79% | 91.21% | 91.81% | 89.02% | 90.21% | 87.85% | 93.35% | +154 bps | |
| Liquid Assets / Assets | 3.38% | 2.50% | 4.38% | 5.26% | 7.17% | 6.42% | 10.83% | 6.42% | +115 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |