Warren, AR · Cert 94
FDIC · 4 branches
Q1 2024
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2024, the quarter ended March 31, 2024, 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.
Warren, AR · Cert 94
FDIC · 4 branches
Q1 2024
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 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.69% | 0.64% | 0.58% | 0.37% | 0.33% | 0.28% | 0.32% | 0.70% | +33 bps | |
| Return on Equity | 8.68% | 8.96% | 8.78% | 7.79% | 7.00% | 6.37% | 7.00% | 13.89% | +610 bps | |
| Net Interest Margin | 2.68% | 2.70% | 2.71% | 2.54% | 2.50% | 2.47% | 2.48% | 2.52% | -3 bps | |
| Efficiency Ratio | 74.65% | 76.19% | 78.11% | 84.62% | 88.15% | 89.50% | 88.34% | 74.53% | -1,009 bps | |
| Non-Interest Burden | 1.79% | 1.89% | 1.97% | 2.06% | 2.14% | 2.15% | 2.12% | 1.61% | -44 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -14.84% | -3.05% | -2.04% | 0.71% | 2.93% | 1.90% | 0.44% | -2.92% | -363 bps | |
| Loan Growth (YoY) | 7.62% | 10.78% | 8.76% | 13.33% | 7.94% | 6.48% | 8.77% | 2.09% | -1,124 bps | |
| Deposit Growth (YoY) | -10.72% | 1.03% | 4.43% | 0.79% | 0.74% | 4.39% | -3.38% | 0.12% | -67 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.04% | 0.03% | 0.45% | 0.42% | 0.42% | 0.14% | 0.19% | 0.16% | -27 bps | |
| Net Charge-Offs / Loans | -0.07% | -0.04% | -0.03% | 0.01% | 0.00% | 0.00% | 0.03% | 0.00% | -1 bps | |
| Allowance / Loans | 2.30% | 2.26% | 2.23% | 2.15% | 2.07% | 2.06% | 1.93% | 1.99% | -16 bps | |
| Allowance Coverage of NPLs | 65.4x | 65.4x | 4.9x | 5.1x | 5.0x | 14.7x | 10.4x | 12.8x | +7.7x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.73% | 11.64% | 11.53% | 11.69% | 11.66% | 11.44% | 11.37% | 11.93% | +24 bps | |
| Total Risk-Based Capital | 11.73% | 11.64% | 11.53% | 11.69% | 11.66% | 11.44% | 11.37% | 18.24% | +654 bps | |
| Equity / Assets | 5.26% | 4.50% | 4.56% | 5.03% | 4.37% | 3.56% | 5.01% | 5.08% | +6 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 47.88% | 49.84% | 47.33% | 50.80% | 51.30% | 50.83% | 53.29% | 51.80% | +100 bps | |
| Liquid Assets / Assets | 2.59% | 2.93% | 4.64% | 4.30% | 4.28% | 6.42% | 5.15% | 4.27% | -3 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |