Washburn, ND · Cert 9122
FDIC · 1 branch
Q4 2021
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2021, the quarter ended December 31, 2021, 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.
Washburn, ND · Cert 9122
FDIC · 1 branch
Q4 2021
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 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.99% | 1.12% | 1.07% | 0.81% | 0.90% | 1.10% | 0.88% | 0.71% | -10 bps | |
| Return on Equity | 9.06% | 10.22% | 9.65% | 7.49% | 9.18% | 11.13% | 8.90% | 7.24% | -24 bps | |
| Net Interest Margin | 3.35% | 3.56% | 3.47% | 3.28% | 3.22% | 3.32% | 3.23% | 2.98% | -30 bps | |
| Efficiency Ratio | 63.32% | 61.20% | 62.63% | 69.83% | 65.75% | 61.24% | 64.99% | 70.95% | +112 bps | |
| Non-Interest Burden | 2.03% | 2.04% | 2.04% | 2.18% | 2.02% | 1.91% | 1.99% | 2.03% | -14 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.82% | 9.45% | 9.70% | 16.66% | 17.93% | 15.11% | 13.06% | 7.94% | -872 bps | |
| Loan Growth (YoY) | -6.75% | -5.59% | -4.65% | -7.49% | 6.14% | 1.59% | 5.99% | 12.67% | +2,016 bps | |
| Deposit Growth (YoY) | 1.59% | 11.16% | 17.91% | 17.90% | 19.50% | 16.54% | 14.58% | 9.19% | -872 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.27% | 0.23% | 0.21% | 0.59% | 0.26% | 0.24% | 0.23% | 0.00% | -59 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.41% | 0.18% | 0.14% | 0.23% | +23 bps | |
| Allowance / Loans | 1.65% | 1.53% | 1.56% | 1.80% | 1.62% | 1.57% | 1.60% | 1.58% | -22 bps | |
| Allowance Coverage of NPLs | 6.2x | 6.7x | 7.4x | 3.1x | 6.1x | 6.5x | 6.9x | n/a | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.62% | 10.80% | 10.68% | 10.21% | 9.46% | 9.66% | 9.90% | 9.22% | -99 bps | |
| Total Risk-Based Capital | 10.62% | 10.80% | 10.68% | 10.21% | 9.46% | 9.66% | 9.90% | 9.22% | -99 bps | |
| Equity / Assets | 10.72% | 11.11% | 11.17% | 10.15% | 9.53% | 10.00% | 10.10% | 9.23% | -92 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 60.35% | 67.04% | 67.58% | 53.95% | 53.61% | 58.44% | 62.52% | 55.67% | +172 bps | |
| Liquid Assets / Assets | 7.18% | 7.14% | 6.75% | 6.14% | 5.41% | 5.86% | 4.91% | 4.67% | -146 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |