PackageTrendsPeer
Letter portraitLegal landscape

State Bank of Cokato

Cokato, MN · Cert 8185

FDIC

Q1 2012

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2012, the quarter ended March 31, 2012, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

State Bank of Cokato

Cokato, MN · Cert 8185

FDIC

Q1 2012

$55.7MAssets
$30.1MLoans
$53.3MDeposits
$2.3MEquity
Loan mix
73%RE $18.3M21%C&I $5.3M6%Consumer $1.5MQ1 2011Q1 2012
Deposit mix
81%Interest-bearing $43.4M19%Noninterest $9.9MQ1 2011Q1 2012

NIM

4.72%Q1 ’104.14%Q1 ’113.48%Q1 ’12-9%-13%

Non-interest income vs. expense

4.01%Q1 ’103.80%Q1 ’115.35%Q1 ’12-45%-4%

Executive Summary

  • Earnings: ROA of -2.68%, down 101 bps year over year; NIM at 2.58%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.32%.
  • Funding: loans stand at 56.46% of deposits as of Q1 2012.

Financial Results

Return on Assets (YTD, annualized)

-2.68%-101 bps YoY

Net Interest Margin (YTD, annualized)

2.58%-40 bps YoY

Efficiency Ratio (YTD, annualized)

155.80%-2,434 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2011Q2 2011Q3 2011Q4 2011Q1 2012YoY ΔTrend
Earnings
Return on Assets-1.67%-0.98%-0.61%-0.66%-2.68%-101 bps
Return on Equity-32.29%-18.83%-11.73%-12.74%-58.76%-2,647 bps
Net Interest Margin2.98%3.06%3.19%3.04%2.58%-40 bps
Efficiency Ratio180.14%133.96%132.28%127.50%155.80%-2,434 bps
Non-Interest Burden4.67%4.07%4.19%3.94%4.50%-17 bps
Growth
Asset Growth (YoY)-4.37%-7.33%-6.56%-6.54%0.88%+525 bps
Loan Growth (YoY)-16.77%-21.89%-18.48%-16.27%-15.44%+132 bps
Deposit Growth (YoY)-1.95%-3.03%-4.08%-4.46%3.88%+583 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.53%0.36%0.22%0.68%0.32%-21 bps
Allowance / Loans2.21%2.52%2.56%2.28%2.63%+41 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital8.20%8.51%8.77%8.54%7.63%-58 bps
Equity / Assets5.07%5.26%5.30%5.00%4.16%-92 bps
Liquidity & Funding
Loans / Deposits69.36%65.84%66.06%61.30%56.46%-1,290 bps
Liquid Assets / Assets4.78%3.19%4.76%5.60%5.39%+61 bps
CRE / Total Capitaln/an/an/an/an/an/an/a