Jordan, MN · Cert 8188
FDIC · 6 branches
Q1 2024
Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2023 SOD (annual) · 0.1% share · #48 of 137 inst. · $0.3B of $237.6B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.01% | 1.52% | 1.64% | 1.25% | 1.18% | 1.05% | 1.38% | 0.96% | -29 bps | |
| Return on Equity | 10.90% | 15.94% | 16.90% | 12.97% | 12.27% | 10.87% | 14.08% | 9.62% | -335 bps | |
| Net Interest Margin | 3.28% | 3.99% | 4.17% | 3.75% | 3.71% | 3.52% | 3.57% | 3.53% | -22 bps | |
| Efficiency Ratio | 63.52% | 52.88% | 53.03% | 58.48% | 60.14% | 62.17% | 55.82% | 67.75% | +927 bps | |
| Non-Interest Burden | 1.99% | 1.98% | 2.04% | 2.08% | 2.11% | 2.10% | 1.83% | 2.31% | +23 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.87% | -5.04% | -6.12% | -4.08% | -3.37% | 2.76% | 6.80% | 4.90% | +899 bps | |
| Loan Growth (YoY) | 3.47% | 3.34% | 9.16% | 17.97% | 17.17% | 12.08% | 9.25% | 4.48% | -1,349 bps | |
| Deposit Growth (YoY) | 0.17% | -6.09% | -5.42% | -4.86% | -4.36% | 2.42% | 5.50% | 4.31% | +917 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | -0.17% | 0.01% | 0.00% | 0.00% | 0.03% | -0.01% | -2 bps | |
| Allowance / Loans | 0.99% | 0.96% | 0.99% | 0.99% | 0.99% | 1.01% | 0.95% | 0.97% | -2 bps | |
| Allowance Coverage of NPLs | 77.5x | 84.9x | 98.3x | 109.0x | 121.7x | 138.0x | 147.5x | 164.2x | +55.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.36% | 9.79% | 9.34% | 9.85% | 9.81% | 9.68% | 9.92% | 10.15% | +30 bps | |
| Total Risk-Based Capital | 15.70% | 15.27% | 13.92% | 13.95% | 13.78% | 14.14% | 14.00% | 14.92% | +98 bps | |
| Equity / Assets | 9.27% | 9.83% | 9.57% | 9.67% | 9.63% | 9.67% | 9.90% | 10.02% | +35 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 80.79% | 90.15% | 97.33% | 96.99% | 98.98% | 98.66% | 100.79% | 97.15% | +16 bps | |
| Liquid Assets / Assets | 16.90% | 9.12% | 2.21% | 3.22% | 1.09% | 2.29% | 1.02% | 4.53% | +131 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |