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 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -1.04% | 0.66% | 1.12% | 1.01% | -0.12% | 1.31% | -0.35% | -30.73% | -3,174 bps | |
| Return on Equity | -14.20% | 10.85% | 24.48% | 27.35% | -3.39% | 33.01% | -8.90% | 5759% | +573,194 bps | |
| Net Interest Margin | 2.50% | 2.61% | 3.11% | 3.04% | 3.59% | 3.43% | 3.44% | 1.38% | -166 bps | |
| Efficiency Ratio | 79.46% | 72.87% | 59.40% | 57.28% | 58.21% | 63.23% | 72.23% | 244% | +18,639 bps | |
| Non-Interest Burden | 1.82% | 1.74% | 1.63% | 1.34% | 1.75% | 1.74% | 2.29% | 2.97% | +162 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 7.77% | 5.21% | 9.83% | 1.98% | -2.14% | -6.70% | -5.73% | -2.32% | -430 bps | |
| Loan Growth (YoY) | -1.65% | -0.08% | 7.98% | 18.01% | 23.84% | 30.61% | 32.10% | 15.02% | -300 bps | |
| Deposit Growth (YoY) | 12.73% | 10.62% | 16.37% | 8.50% | 2.60% | -5.85% | -13.77% | -9.21% | -1,771 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.59% | 1.79% | 4.84% | 10.07% | 11.77% | 11.05% | 9.68% | 9.64% | -43 bps | |
| Net Charge-Offs / Loans | -0.04% | 6.82% | -0.03% | 0.88% | 0.04% | 5.55% | -0.32% | 40.23% | +3,936 bps | |
| Allowance / Loans | 2.77% | 1.19% | 1.10% | 0.93% | 1.62% | 1.23% | 1.74% | 3.79% | +286 bps | |
| Allowance Coverage of NPLs | 1.7x | 0.7x | 0.2x | 0.1x | 0.1x | 0.1x | 0.2x | 0.4x | +0.3x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 7.69% | 7.47% | 7.73% | 8.24% | 8.05% | 8.19% | 8.31% | 0.01% | -823 bps | |
| Total Risk-Based Capital | 13.66% | 13.02% | 13.06% | 12.48% | 13.06% | 12.35% | 11.62% | 1.29% | -1,119 bps | |
| Equity / Assets | 7.44% | 4.90% | 4.20% | 3.21% | 3.91% | 4.03% | 3.75% | -4.49% | -770 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 52.51% | 44.31% | 50.30% | 51.23% | 63.39% | 61.47% | 77.06% | 64.90% | +1,367 bps | |
| Liquid Assets / Assets | 1.25% | 0.77% | 0.84% | 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 | n/a | n/a | n/a |