Long Lake, MN · Cert 8193
FDIC · 1 branch
Q4 2023
Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2023 SOD (annual) · 0.1% share · #82 of 137 inst. · $0.1B of $237.6B
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 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.99% | 1.27% | 1.20% | 1.18% | 1.19% | +20 bps | |
| Return on Equity | 7.19% | 9.36% | 8.94% | 8.73% | 8.48% | +130 bps | |
| Net Interest Margin | 3.40% | 3.69% | 3.74% | 3.41% | 3.70% | +30 bps | |
| Efficiency Ratio | 59.43% | 52.01% | 53.24% | 53.40% | 54.22% | -522 bps | |
| Non-Interest Burden | 1.89% | 1.77% | 1.84% | 1.69% | 1.86% | -3 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 5.64% | -0.36% | -0.54% | -0.05% | -15.69% | -2,133 bps | |
| Loan Growth (YoY) | 2.34% | 1.21% | -6.75% | -9.89% | -9.02% | -1,136 bps | |
| Deposit Growth (YoY) | 6.74% | -0.51% | -10.77% | -10.58% | -18.66% | -2,540 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | -1 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.13% | 1.20% | 1.27% | 1.31% | 1.29% | +117 bps | |
| Allowance Coverage of NPLs | 5.2x | 52.1x | 59.5x | 65.8x | 78.1x | +72.9x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 11.35% | 11.10% | 11.83% | 11.28% | 12.67% | +132 bps | |
| Total Risk-Based Capital | 15.14% | 15.25% | 16.40% | 17.28% | 17.96% | +282 bps | |
| Equity / Assets | 13.58% | 13.58% | 13.23% | 13.53% | 16.53% | +295 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 75.25% | 77.89% | 77.48% | 76.29% | 84.17% | +892 bps | |
| Liquid Assets / Assets | 11.98% | 10.33% | 17.78% | 19.81% | 4.79% | -719 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |