Harwood, ND · Cert 9128
FDIC · 1 branch
Q3 2024
Market Position · Fargo, ND-MN · 2024 SOD (annual) · 0.3% share · #24 of 33 inst. · $0.0B of $13.1B
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 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.44% | 1.66% | -1.15% | 0.51% | 0.13% | 1.12% | 1.10% | 0.77% | +26 bps | |
| Return on Equity | 5.22% | 18.73% | -13.48% | 5.26% | 1.25% | 8.52% | 8.19% | 5.70% | +44 bps | |
| Net Interest Margin | 2.74% | 3.52% | 3.72% | 1.04% | 2.19% | 4.99% | 5.12% | 5.09% | +405 bps | |
| Efficiency Ratio | 77.65% | 56.06% | 59.47% | 49.72% | 51.78% | 56.46% | 56.08% | 64.09% | +1,436 bps | |
| Non-Interest Burden | 2.11% | 1.86% | 2.11% | 0.47% | 1.28% | 3.17% | 3.27% | 3.67% | +320 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.46% | 1.28% | -4.36% | 2.29% | 0.95% | -2.69% | -2.02% | -2.16% | -444 bps | |
| Loan Growth (YoY) | 13.73% | 1.81% | -5.86% | -5.56% | -14.78% | -11.21% | -12.91% | 7.40% | +1,297 bps | |
| Deposit Growth (YoY) | 1.52% | 0.49% | -5.59% | -4.09% | -4.68% | -8.42% | -8.54% | -2.99% | +110 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.02% | 3.35% | 2.79% | +279 bps | |
| Net Charge-Offs / Loans | -0.02% | 0.00% | 0.02% | 0.00% | 0.00% | -0.02% | 0.06% | 0.03% | +2 bps | |
| Allowance / Loans | 1.01% | 1.01% | 1.04% | 1.06% | 1.18% | 1.14% | 1.18% | 0.97% | -9 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | 289.0x | 0.4x | 0.4x | 0.3x | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.03% | 9.18% | 7.89% | 8.78% | 6.24% | 7.18% | 8.16% | 8.52% | -27 bps | |
| Total Risk-Based Capital | 14.84% | 15.48% | 13.48% | 14.12% | 11.39% | 11.88% | 13.18% | 11.43% | -270 bps | |
| Equity / Assets | 8.78% | 8.98% | 7.84% | 12.85% | 12.95% | 13.35% | 14.21% | 13.67% | +82 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 67.20% | 64.98% | 65.82% | 65.48% | 60.08% | 63.00% | 62.68% | 72.50% | +702 bps | |
| Liquid Assets / Assets | 12.25% | 11.89% | 12.51% | 12.33% | 12.62% | 10.09% | 9.41% | 7.87% | -446 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |