Muscatine, IA · Cert 961
FDIC · 3 branches
Q1 2022
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2022, the quarter ended March 31, 2022, 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.
Muscatine, IA · Cert 961
FDIC · 3 branches
Q1 2022
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 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.95% | 0.94% | 0.92% | 0.60% | 0.72% | 0.80% | 0.97% | -0.10% | -70 bps | |
| Return on Equity | 8.23% | 8.33% | 8.26% | 5.75% | 6.92% | 7.55% | 9.20% | -0.93% | -668 bps | |
| Net Interest Margin | 2.73% | 2.67% | 2.59% | 2.36% | 2.39% | 2.65% | 2.61% | 2.47% | +11 bps | |
| Efficiency Ratio | 62.06% | 61.58% | 61.24% | 66.68% | 64.36% | 64.23% | 64.67% | 104.36% | +3,768 bps | |
| Non-Interest Burden | 1.27% | 1.20% | 1.15% | 1.25% | 1.21% | 1.37% | 1.37% | 2.61% | +136 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.94% | 14.29% | 9.66% | 20.63% | 7.32% | 2.57% | 4.34% | -1.05% | -2,167 bps | |
| Loan Growth (YoY) | -0.78% | -1.20% | -8.30% | -6.42% | -14.77% | -16.89% | -10.78% | -10.87% | -444 bps | |
| Deposit Growth (YoY) | 12.03% | 16.76% | 11.29% | 23.82% | 7.72% | 2.97% | 5.10% | -1.37% | -2,519 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 2.20% | 2.16% | 2.41% | 2.42% | 2.46% | 2.57% | 1.85% | 1.43% | -98 bps | |
| Net Charge-Offs / Loans | 0.19% | 0.13% | 0.11% | -0.04% | 0.10% | 0.06% | 0.21% | -0.08% | -4 bps | |
| Allowance / Loans | 1.44% | 1.57% | 1.90% | 2.04% | 2.20% | 2.32% | 1.88% | 1.89% | -14 bps | |
| Allowance Coverage of NPLs | 0.7x | 0.7x | 0.8x | 0.8x | 0.9x | 0.9x | 1.0x | 1.3x | +0.5x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.04% | 10.93% | 10.59% | 10.47% | 10.13% | 10.82% | 10.87% | 10.86% | +39 bps | |
| Total Risk-Based Capital | 18.37% | 18.49% | 19.30% | 20.18% | 20.75% | 21.35% | 21.86% | 21.45% | +127 bps | |
| Equity / Assets | 10.95% | 10.75% | 10.77% | 10.18% | 10.48% | 10.84% | 10.64% | 10.50% | +31 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 83.96% | 81.87% | 73.22% | 68.31% | 66.43% | 66.08% | 62.16% | 61.73% | -658 bps | |
| Liquid Assets / Assets | 18.70% | 21.71% | 29.18% | 27.82% | 16.94% | 12.63% | 14.62% | 39.46% | +1,165 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |