Morris, MN · Cert 8209
FDIC
Q2 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2013, the quarter ended June 30, 2013, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Morris, MN · Cert 8209
FDIC
Q2 2013
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 | Q3 2011 | Q4 2011 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.56% | 0.67% | 0.33% | 0.36% | 0.41% | 0.66% | 0.30% | 0.49% | +13 bps | |
| Return on Equity | 7.19% | 8.56% | 4.20% | 4.57% | 5.13% | 8.37% | 4.23% | 6.91% | +234 bps | |
| Net Interest Margin | 3.04% | 2.90% | 2.55% | 2.65% | 2.75% | 2.50% | 1.87% | 2.08% | -56 bps | |
| Efficiency Ratio | 83.90% | 86.19% | 89.49% | 90.77% | 88.13% | 85.05% | 93.13% | 83.45% | -732 bps | |
| Non-Interest Burden | 2.27% | 2.27% | 2.13% | 2.26% | 2.24% | 1.88% | 1.65% | 1.49% | -77 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 13.72% | 4.08% | 5.56% | 4.98% | 9.86% | 15.88% | 15.76% | 6.01% | +103 bps | |
| Loan Growth (YoY) | -5.10% | 1.25% | -6.04% | -1.52% | -1.68% | -1.42% | -5.67% | -5.72% | -420 bps | |
| Deposit Growth (YoY) | 14.49% | 3.00% | 4.85% | 4.60% | 10.17% | 16.85% | 16.66% | 7.80% | +320 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.01% | 0.02% | 0.03% | 0.01% | 0.01% | 0.01% | 0.00% | 0.00% | -1 bps | |
| Allowance / Loans | 1.24% | 1.18% | 1.38% | 1.32% | 1.33% | 1.26% | 1.55% | 1.47% | +14 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 13.27% | 13.08% | 13.96% | 13.68% | 13.68% | 13.40% | 14.63% | 13.22% | -45 bps | |
| Equity / Assets | 8.52% | 7.99% | 7.76% | 8.16% | 8.21% | 7.27% | 7.08% | 7.13% | -103 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 48.91% | 47.84% | 41.11% | 44.39% | 43.65% | 40.37% | 33.24% | 38.82% | -557 bps | |
| Liquid Assets / Assets | 8.37% | 9.10% | 9.07% | 8.27% | 8.00% | 9.13% | 10.13% | 10.97% | +271 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |