Edina, MN · Cert 58818
FDIC · 2 branches
Q2 2022
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2022, the quarter ended June 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.
Edina, MN · Cert 58818
FDIC · 2 branches
Q2 2022
Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2022 SOD (annual) · 0.3% share · #20 of 138 inst. · $0.7B of $232.4B
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 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.23% | 1.38% | 1.55% | 1.63% | 1.67% | 1.61% | 1.37% | 1.37% | -26 bps | |
| Return on Equity | 9.54% | 10.80% | 12.40% | 12.90% | 12.77% | 12.13% | 10.09% | 10.41% | -249 bps | |
| Net Interest Margin | 3.24% | 3.30% | 3.26% | 3.41% | 3.48% | 3.50% | 3.13% | 3.14% | -27 bps | |
| Efficiency Ratio | 49.50% | 48.82% | 45.62% | 45.92% | 47.90% | 49.39% | 63.77% | 58.32% | +1,240 bps | |
| Non-Interest Burden | 1.37% | 1.32% | 1.17% | 1.25% | 1.40% | 1.46% | 1.77% | 1.53% | +28 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 39.49% | 39.14% | 27.84% | 1.04% | -13.43% | -13.43% | -11.84% | -11.46% | -1,250 bps | |
| Loan Growth (YoY) | 33.46% | 25.74% | 22.37% | -9.94% | -18.81% | -20.34% | -17.39% | -6.00% | +394 bps | |
| Deposit Growth (YoY) | 33.97% | 37.46% | 25.46% | -7.03% | -8.68% | -8.87% | -7.56% | -3.64% | +338 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.06% | 0.99% | 0.95% | 1.02% | 1.10% | 0.98% | 0.90% | 0.73% | -29 bps | |
| Net Charge-Offs / Loans | 0.93% | 0.71% | -0.01% | -0.02% | -0.37% | -0.29% | -0.01% | 0.00% | +2 bps | |
| Allowance / Loans | 1.01% | 0.98% | 0.95% | 0.89% | 1.02% | 1.00% | 0.91% | 0.87% | -3 bps | |
| Allowance Coverage of NPLs | 0.9x | 1.0x | 1.0x | 0.9x | 0.9x | 1.0x | 1.0x | 1.2x | +0.3x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.31% | 8.68% | 9.14% | 9.14% | 9.69% | 9.69% | 10.00% | 9.92% | +77 bps | |
| Total Risk-Based Capital | 12.63% | 13.11% | 14.84% | 14.52% | 14.78% | 14.79% | 14.77% | 14.39% | -14 bps | |
| Equity / Assets | 11.69% | 12.41% | 12.53% | 13.04% | 14.40% | 14.25% | 12.90% | 12.37% | -67 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 76.41% | 76.19% | 73.40% | 71.61% | 67.92% | 66.60% | 65.60% | 69.86% | -175 bps | |
| Liquid Assets / Assets | 1.36% | 0.63% | 0.89% | 0.60% | 0.83% | 0.69% | 0.58% | 0.23% | -38 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |