Summit, SD · Cert 9950
FDIC · 3 branches
Q3 2018
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2018, the quarter ended September 30, 2018, 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.
Summit, SD · Cert 9950
FDIC · 3 branches
Q3 2018
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 | Q4 2016 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.75% | 2.64% | 2.74% | 2.85% | 2.92% | 2.69% | 2.69% | 2.71% | -15 bps | |
| Return on Equity | 24.18% | 23.60% | 24.58% | 25.62% | 26.20% | 24.03% | 24.43% | 24.60% | -102 bps | |
| Net Interest Margin | 4.52% | 4.54% | 4.55% | 4.52% | 4.55% | 4.61% | 4.58% | 4.53% | 0 bps | |
| Efficiency Ratio | 39.79% | 40.93% | 39.43% | 38.21% | 37.86% | 39.64% | 38.64% | 38.33% | +12 bps | |
| Non-Interest Burden | 1.56% | 1.64% | 1.57% | 1.49% | 1.48% | 1.64% | 1.58% | 1.54% | +5 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.62% | 7.33% | 6.99% | 7.50% | 9.36% | 7.35% | 9.27% | 4.52% | -298 bps | |
| Loan Growth (YoY) | 7.76% | 9.67% | 12.15% | 12.19% | 14.72% | 9.60% | 6.70% | 5.80% | -640 bps | |
| Deposit Growth (YoY) | 5.94% | 7.81% | 6.50% | 4.55% | 5.42% | 2.19% | 4.20% | 1.98% | -257 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.78% | 0.55% | 0.92% | 2.68% | 2.62% | 1.36% | 3.72% | +279 bps | |
| Net Charge-Offs / Loans | 0.12% | 0.20% | 0.31% | 0.16% | 0.31% | 0.01% | 0.00% | 0.01% | -15 bps | |
| Allowance / Loans | 1.60% | 1.56% | 1.37% | 1.43% | 1.30% | 1.37% | 1.34% | 1.37% | -6 bps | |
| Allowance Coverage of NPLs | n/a | 2.0x | 2.5x | 1.6x | 0.5x | 0.5x | 1.0x | 0.4x | -1.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.24% | 11.17% | 11.10% | 11.04% | 11.10% | 11.36% | 11.37% | 11.15% | +11 bps | |
| Total Risk-Based Capital | 12.02% | 11.79% | 11.66% | 11.81% | 11.80% | 11.88% | 11.65% | 11.94% | +13 bps | |
| Equity / Assets | 11.19% | 11.18% | 11.04% | 11.12% | 11.16% | 11.22% | 10.73% | 10.91% | -21 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 81.75% | 83.06% | 88.19% | 90.02% | 88.96% | 89.07% | 90.30% | 93.39% | +337 bps | |
| Liquid Assets / Assets | 3.77% | 3.33% | 2.85% | 2.78% | 3.10% | 3.10% | 2.93% | 2.99% | +21 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |