Sherburn, MN · Cert 8217
FDIC
Q1 2011
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2011, the quarter ended March 31, 2011, 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.
Sherburn, MN · Cert 8217
FDIC
Q1 2011
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 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | Q4 2010 | Q1 2011 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.45% | 1.45% | 1.03% | 1.00% | 1.10% | 1.14% | 0.79% | 0.69% | -31 bps | |
| Return on Equity | 16.60% | 16.32% | 11.75% | 12.07% | 13.30% | 13.63% | 9.43% | 8.41% | -366 bps | |
| Net Interest Margin | 3.56% | 3.59% | 3.47% | 3.17% | 3.15% | 3.09% | 3.13% | 2.70% | -47 bps | |
| Efficiency Ratio | 64.18% | 64.50% | 74.22% | 72.03% | 69.91% | 69.18% | 78.33% | 79.44% | +740 bps | |
| Non-Interest Burden | 2.11% | 2.14% | 2.45% | 2.13% | 2.06% | 1.98% | 2.34% | 2.03% | -11 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -4.01% | -4.18% | 4.56% | 3.43% | 7.92% | 5.65% | 0.82% | 1.41% | -203 bps | |
| Loan Growth (YoY) | -2.81% | -4.09% | -7.21% | -3.67% | -2.97% | -5.49% | -7.15% | -14.98% | -1,131 bps | |
| Deposit Growth (YoY) | -4.89% | -5.06% | 5.05% | 3.80% | 8.81% | 6.33% | 0.98% | 1.21% | -259 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 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.27% | +27 bps | |
| Allowance / Loans | 1.68% | 1.70% | 1.66% | 1.74% | 1.73% | 1.80% | 1.79% | 1.97% | +24 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 | 13.30% | 13.19% | 12.79% | 13.22% | 13.68% | 14.36% | 13.58% | 15.06% | +184 bps | |
| Equity / Assets | 8.88% | 9.18% | 8.44% | 8.20% | 8.18% | 8.62% | 8.21% | 8.30% | +10 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 72.88% | 72.77% | 69.48% | 65.80% | 64.99% | 64.68% | 63.88% | 55.27% | -1,053 bps | |
| Liquid Assets / Assets | 11.12% | 13.74% | 14.72% | 12.75% | 12.37% | 12.72% | 12.33% | 11.98% | -76 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |