Lismore, MN · Cert 8190
FDIC · 1 branch
Q3 2023
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.69% | 0.74% | 1.02% | 1.03% | 1.32% | 1.51% | 2.86% | 4.07% | +304 bps | |
| Return on Equity | 16.10% | 7.06% | 9.30% | 9.00% | 11.54% | 12.97% | 23.53% | 31.85% | +2,285 bps | |
| Net Interest Margin | 3.44% | 3.35% | 3.53% | 3.95% | 4.21% | 4.36% | 4.50% | 6.08% | +213 bps | |
| Efficiency Ratio | 83.33% | 70.90% | 64.89% | 69.24% | 69.41% | 59.68% | 45.87% | 50.15% | -1,909 bps | |
| Non-Interest Burden | 2.82% | 2.29% | 2.09% | 2.62% | 2.81% | 2.48% | 0.83% | 2.90% | +28 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -2.97% | -2.12% | -3.33% | -3.12% | -0.49% | -1.00% | -1.18% | 1.63% | +475 bps | |
| Loan Growth (YoY) | -0.50% | 2.95% | -4.20% | 4.57% | 1.52% | 2.68% | 11.52% | 6.58% | +201 bps | |
| Deposit Growth (YoY) | -1.99% | 0.69% | -1.06% | -0.13% | 2.84% | -0.29% | 0.26% | 0.17% | +30 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 1.36% | 0.00% | 0.00% | 0.00% | 0.16% | 0.05% | 0.75% | +75 bps | |
| Net Charge-Offs / Loans | 0.00% | -0.14% | 0.00% | 0.14% | 0.00% | 0.01% | 0.00% | 0.00% | -14 bps | |
| Allowance / Loans | 1.28% | 1.40% | 1.53% | 1.48% | 1.26% | 1.04% | 1.03% | 1.06% | -42 bps | |
| Allowance Coverage of NPLs | n/a | 1.0x | n/a | n/a | n/a | 6.4x | 19.9x | 1.4x | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.40% | 10.51% | 11.25% | 11.57% | 11.38% | 12.02% | 12.28% | 13.19% | +162 bps | |
| Total Risk-Based Capital | 13.23% | 13.84% | 14.91% | 14.72% | 14.00% | 14.54% | 14.80% | 15.96% | +124 bps | |
| Equity / Assets | 10.42% | 10.58% | 11.30% | 11.62% | 11.30% | 11.94% | 12.36% | 13.17% | +156 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 101.92% | 95.98% | 94.96% | 96.44% | 100.62% | 98.84% | 105.62% | 102.61% | +617 bps | |
| Liquid Assets / Assets | 7.47% | 13.65% | 11.80% | 3.72% | 3.43% | 2.94% | 2.85% | 2.82% | -90 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |