PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Star Tribune Employees

Minneapolis, MN · Charter 64706

NCUA · 2 branches

Q4 2023

$88.6MAssets
$65.6MLoans
$81.6MShares
$6.6MNet Worth

Executive Summary

  • Earnings: ROA of -0.38%, down 77 bps year over year; NIM at 2.52%.
  • Asset quality: problem loans at 0.06% of loans (-27 bps YoY).
  • Capital: net worth / assets of 7.41%, up 4 bps from a year ago.
  • Funding: loans stand at 80.37% of shares as of Q4 2023.

Return on Assets (YTD, annualized)

-0.38%-77 bps YoY

Net Interest Margin (YTD, annualized)

2.52%-7 bps YoY

Efficiency Ratio (YTD, annualized)

103.14%+1,797 bps YoY

Net Worth / Assets

7.41%+4 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2022Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023Q3 2023Q4 2023YoY ΔTrend
Earnings
Return on Assets0.77%0.56%0.57%0.39%-0.25%-0.35%-0.29%-0.38%-77 bps
Return on Equity10.36%7.89%7.75%5.26%-3.39%-4.81%-4.04%-5.15%-1,041 bps
Net Interest Margin2.71%2.58%2.61%2.59%2.38%2.41%2.44%2.52%-7 bps
Efficiency Ratio78.09%82.17%81.49%85.17%101.43%103.57%102.87%103.14%+1,797 bps
Growth
Asset Growth (YoY)10.78%16.53%13.61%9.65%4.72%-3.10%-3.52%-5.41%-1,506 bps
Loan Growth (YoY)1.62%8.73%13.75%13.85%9.07%2.91%-0.41%-1.81%-1,566 bps
Share Growth (YoY)10.69%17.73%13.85%9.71%4.81%-3.44%-3.56%-5.42%-1,513 bps
Asset Quality
Delinquent Loans / Loans0.06%0.14%0.07%0.34%0.23%0.41%0.30%0.06%-27 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.38%0.37%0.35%0.34%0.36%0.38%0.00%0.00%-34 bps
Capital
Risk-Based Capital7.44%7.14%7.33%7.36%7.25%7.29%7.29%7.41%+4 bps
Net Worth / Assets7.44%7.14%7.33%7.36%7.25%7.29%7.29%7.41%+4 bps
Liquidity & Funding
Loans / Shares74.78%74.54%76.33%77.41%77.83%79.44%78.82%80.37%+296 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps