Gackle, ND · Cert 9419
FDIC
Q4 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2008, the quarter ended December 31, 2008, 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.
Gackle, ND · Cert 9419
FDIC
Q4 2008
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 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.85% | 1.11% | 1.21% | 1.24% | 1.02% | 0.98% | 1.03% | 1.17% | -6 bps | |
| Return on Equity | 7.03% | 9.12% | 10.10% | 10.26% | 8.41% | 8.07% | 8.57% | 9.86% | -40 bps | |
| Net Interest Margin | 3.23% | 3.44% | 3.46% | 3.48% | 3.51% | 3.49% | 3.49% | 3.40% | -7 bps | |
| Efficiency Ratio | 64.86% | 60.89% | 58.80% | 57.07% | 62.50% | 62.26% | 60.80% | 59.86% | +279 bps | |
| Non-Interest Burden | 2.01% | 1.98% | 1.89% | 1.71% | 2.08% | 2.04% | 1.99% | 1.76% | +5 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 45.78% | 33.33% | 38.43% | 10.42% | 4.41% | 3.86% | 0.75% | 9.76% | -66 bps | |
| Loan Growth (YoY) | 58.06% | 51.43% | 59.09% | 21.01% | 16.21% | 10.90% | 6.88% | 18.47% | -255 bps | |
| Deposit Growth (YoY) | 46.51% | 37.83% | 37.29% | 11.93% | 4.30% | 5.62% | 3.44% | -2.00% | -1,393 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 | 0.00% | 0.00% | 0.18% | 0.14% | 0.00% | -0.01% | -0.14% | -0.10% | -24 bps | |
| Allowance / Loans | 1.67% | 1.47% | 1.20% | 1.35% | 1.42% | 1.32% | 1.37% | 1.29% | -6 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 | 13.85% | 13.27% | 12.30% | 12.79% | 12.30% | 11.58% | 11.14% | 10.91% | -188 bps | |
| Equity / Assets | 11.71% | 12.22% | 11.60% | 12.27% | 11.92% | 12.33% | 11.67% | 11.29% | -98 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 67.48% | 80.46% | 90.05% | 80.01% | 75.18% | 84.48% | 93.05% | 96.72% | +1,671 bps | |
| Liquid Assets / Assets | 1.55% | 0.80% | 0.25% | 0.26% | 0.00% | 0.26% | 0.25% | 0.23% | -2 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |