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Fingal State Bank, The

Fingal, ND · Cert 9425

FDIC · 2 branches

Q1 2018

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2018, the quarter ended March 31, 2018, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Fingal State Bank, The

Fingal, ND · Cert 9425

FDIC · 2 branches

Q1 2018

$30.0MAssets
$23.9MLoans
$26.9MDeposits
$3.1MEquity
Loan mix
76%RE $12.7M21%C&I $3.4M3%Consumer $0.5MQ1 2017Q1 2018
Deposit mix
84%Interest-bearing $22.7M16%Noninterest $4.2MQ1 2017Q1 2018

NIM

3.54%Q1 ’163.48%Q1 ’173.56%Q1 ’180%+1%

Non-interest income vs. expense

2.36%Q1 ’162.23%Q1 ’172.00%Q1 ’18-6%-8%

Market Position · Fargo, ND-MN · 2017 SOD (annual) · 0.2% share · #26 of 28 inst. · $0.0B of $7.6B

4.1% Barnes
0.2% Cass

Executive Summary

  • Earnings: ROA of 1.31%, up 19 bps year over year; NIM at 3.18%.
  • Asset quality: problem loans at 0.91% of loans (+91 bps YoY), with net recoveries of 0.08%.
  • Capital: tier 1 leverage ratio of 10.04%, up 107 bps from a year ago.
  • Funding: loans stand at 88.90% of deposits as of Q1 2018.

Financial Results

Return on Assets (YTD, annualized)

1.31%+19 bps YoY

Net Interest Margin (YTD, annualized)

3.18%+2 bps YoY

Efficiency Ratio (YTD, annualized)

61.13%-617 bps YoY

Tier 1 Leverage Ratio

10.04%+107 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2017Q2 2017Q3 2017Q4 2017Q1 2018YoY ΔTrend
Earnings
Return on Assets1.12%1.07%1.13%1.09%1.31%+19 bps
Return on Equity11.88%11.21%11.55%10.96%12.57%+69 bps
Net Interest Margin3.16%3.11%3.35%3.38%3.18%+2 bps
Efficiency Ratio67.30%67.33%65.28%66.23%61.13%-617 bps
Non-Interest Burden2.07%2.06%2.16%2.21%1.90%-17 bps
Growth
Asset Growth (YoY)1.27%-1.68%-6.68%-3.45%-5.01%-629 bps
Loan Growth (YoY)-0.99%-7.26%-7.13%5.73%9.24%+1,022 bps
Deposit Growth (YoY)0.47%-2.32%-7.53%-4.41%-6.14%-661 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.97%0.92%0.86%0.91%+91 bps
Net Charge-Offs / Loans-0.09%0.14%0.06%0.03%-0.08%+1 bps
Allowance / Loans1.65%1.50%1.44%1.38%1.48%-17 bps
Allowance Coverage of NPLsn/a1.5x1.6x1.6x1.6xn/a
Capital
Tier 1 Leverage Ratio8.97%9.00%9.99%10.27%10.04%+107 bps
Total Risk-Based Capital12.41%12.20%12.07%12.13%12.91%+51 bps
Equity / Assets9.29%9.69%10.45%10.53%10.32%+103 bps
Liquidity & Funding
Loans / Deposits76.39%84.77%96.29%98.95%88.90%+1,251 bps
Liquid Assets / Assets12.77%5.02%4.38%2.61%4.91%-785 bps
CRE / Total Capitaln/an/an/an/an/an/an/a