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Nicollet County Bank of Saint Peter, The

Saint Peter, MN · Cert 9757

FDIC · 1 branch

Q2 2019

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: Q2 2019, the quarter ended June 30, 2019, 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

Nicollet County Bank of Saint Peter, The

Saint Peter, MN · Cert 9757

FDIC · 1 branch

Q2 2019

$167.9MAssets
$74.3MLoans
$141.4MDeposits
$22.0MEquity
Loan mix
63%RE $30.5M28%C&I $13.6M8%Consumer $4.0MQ2 2018Q2 2019
Deposit mix
78%Interest-bearing $110.5M22%Noninterest $30.9MQ2 2018Q2 2019

NIM

2.69%Q2 ’172.89%Q2 ’181.03%Q2 ’19+8%-65%

Non-interest income vs. expense

1.93%Q2 ’172.22%Q2 ’180.85%Q2 ’19+18%-61%

Market Position · Mankato, MN · 2019 SOD (annual) · 5.8% share · #6 of 22 inst. · $0.1B of $2.4B

Executive Summary

  • Earnings: ROA of 0.16%, down 61 bps year over year; NIM at 0.91%.
  • Asset quality: problem loans at 0.54% of loans (+3 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 8.66%, up 96 bps from a year ago.
  • Funding: loans stand at 52.56% of deposits as of Q2 2019.

Financial Results

Return on Assets (YTD, annualized)

0.16%-61 bps YoY

Net Interest Margin (YTD, annualized)

0.91%-171 bps YoY

Efficiency Ratio (YTD, annualized)

84.13%+1,096 bps YoY

Tier 1 Leverage Ratio

8.66%+96 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2018Q3 2018Q4 2018Q1 2019Q2 2019YoY ΔTrend
Earnings
Return on Assets0.78%0.69%0.71%1.03%0.16%-61 bps
Return on Equity10.92%9.51%9.75%13.76%1.76%-917 bps
Net Interest Margin2.62%2.75%2.68%2.84%0.91%-171 bps
Efficiency Ratio73.17%76.85%75.96%61.38%84.13%+1,096 bps
Non-Interest Burden1.81%2.01%1.94%1.59%0.71%-110 bps
Growth
Asset Growth (YoY)-6.87%-9.45%-4.52%-0.95%0.66%+754 bps
Loan Growth (YoY)4.42%2.52%-3.36%-2.92%-8.04%-1,246 bps
Deposit Growth (YoY)-7.43%-11.07%-4.76%-1.24%-5.43%+201 bps
Asset Quality
Nonperforming Loans / Loans0.50%0.61%0.32%0.55%0.54%+3 bps
Net Charge-Offs / Loans0.01%0.00%0.01%0.45%0.00%-1 bps
Allowance / Loans1.30%1.31%1.31%1.38%0.00%-130 bps
Allowance Coverage of NPLs2.6x2.2x4.1x2.5x0.0x-2.6x
Capital
Tier 1 Leverage Ratio7.70%8.14%8.00%8.06%8.66%+96 bps
Total Risk-Based Capital16.53%17.00%16.67%17.28%17.64%+111 bps
Equity / Assets7.34%7.72%7.14%7.80%13.10%+575 bps
Liquidity & Funding
Loans / Deposits54.06%57.44%49.87%51.03%52.56%-149 bps
Liquid Assets / Assets23.83%22.31%19.28%17.96%17.07%-676 bps
CRE / Total Capitaln/an/an/an/an/an/an/a