Staples, MN · Cert 9334
FDIC
Q3 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2006, the quarter ended September 30, 2006, 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.
Staples, MN · Cert 9334
FDIC
Q3 2006
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 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.29% | 1.05% | 1.00% | 1.10% | 1.02% | 0.92% | 0.99% | 0.93% | -17 bps | |
| Return on Equity | 17.12% | 14.27% | 13.79% | 15.31% | 14.38% | 13.30% | 14.52% | 13.67% | -164 bps | |
| Net Interest Margin | 3.82% | 3.68% | 3.71% | 3.71% | 3.69% | 3.60% | 3.71% | 3.59% | -12 bps | |
| Efficiency Ratio | 70.66% | 76.03% | 76.71% | 74.57% | 75.63% | 74.37% | 72.65% | 72.59% | -198 bps | |
| Non-Interest Burden | 2.48% | 2.61% | 2.67% | 2.58% | 2.60% | 2.49% | 2.49% | 2.41% | -16 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.01% | -0.74% | 4.29% | 3.18% | 6.33% | 6.96% | 5.52% | 6.63% | +344 bps | |
| Loan Growth (YoY) | 2.49% | 1.34% | 5.94% | 8.06% | 9.77% | 11.44% | 12.40% | 15.08% | +702 bps | |
| Deposit Growth (YoY) | 2.82% | 1.47% | 4.37% | 3.69% | 6.90% | 5.71% | 2.28% | 0.88% | -281 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 | 0.22% | 0.11% | 0.09% | 0.07% | 0.05% | 0.06% | 0.38% | 0.29% | +21 bps | |
| Allowance / Loans | 1.36% | 1.35% | 1.35% | 1.36% | 1.40% | 1.40% | 1.27% | 1.29% | -7 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 | 14.21% | 14.52% | 13.83% | 13.83% | 13.55% | 13.84% | 13.14% | 12.70% | -113 bps | |
| Equity / Assets | 7.37% | 7.35% | 7.15% | 6.99% | 6.79% | 7.04% | 6.71% | 6.73% | -26 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 68.63% | 71.18% | 70.16% | 70.40% | 70.47% | 75.04% | 77.10% | 80.31% | +991 bps | |
| Liquid Assets / Assets | 1.05% | 0.73% | 0.70% | 0.69% | 0.67% | 0.68% | 0.66% | 0.00% | -69 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |