Sac City, IA · Cert 8758
FDIC · 2 branches
Q3 2023
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.01% | -0.12% | 1.31% | -0.35% | -30.73% | -3,174 bps | |
| Return on Equity | 27.35% | -3.39% | 33.01% | -8.90% | 5759% | +573,194 bps | |
| Net Interest Margin | 3.04% | 3.59% | 3.43% | 3.44% | 1.38% | -166 bps | |
| Efficiency Ratio | 57.28% | 58.21% | 63.23% | 72.23% | 244% | +18,639 bps | |
| Non-Interest Burden | 1.34% | 1.75% | 1.74% | 2.29% | 2.97% | +162 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 1.98% | -2.14% | -6.70% | -5.73% | -2.32% | -430 bps | |
| Loan Growth (YoY) | 18.01% | 23.84% | 30.61% | 32.10% | 15.02% | -300 bps | |
| Deposit Growth (YoY) | 8.50% | 2.60% | -5.85% | -13.77% | -9.21% | -1,771 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 10.07% | 11.77% | 11.05% | 9.68% | 9.64% | -43 bps | |
| Net Charge-Offs / Loans | 0.88% | 0.04% | 5.55% | -0.32% | 40.23% | +3,936 bps | |
| Allowance / Loans | 0.93% | 1.62% | 1.23% | 1.74% | 3.79% | +286 bps | |
| Allowance Coverage of NPLs | 0.1x | 0.1x | 0.1x | 0.2x | 0.4x | +0.3x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 8.24% | 8.05% | 8.19% | 8.31% | 0.01% | -823 bps | |
| Total Risk-Based Capital | 12.48% | 13.06% | 12.35% | 11.62% | 1.29% | -1,119 bps | |
| Equity / Assets | 3.21% | 3.91% | 4.03% | 3.75% | -4.49% | -770 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 51.23% | 63.39% | 61.47% | 77.06% | 64.90% | +1,367 bps | |
| Liquid Assets / Assets | 0.84% | 0.98% | 0.19% | 0.03% | 0.11% | -73 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |