Portland, OR · Charter 19601
Q1 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2004, the quarter ended March 31, 2004, 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.
Portland, OR · Charter 19601
Q1 2004
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.52% | 0.14% | 0.12% | 0.20% | 0.21% | -31 bps | |
| Return on Equity | 2.58% | 0.71% | 0.67% | 1.13% | 1.01% | -156 bps | |
| Net Interest Margin | 3.06% | 2.79% | 2.51% | 2.37% | 2.67% | -39 bps | |
| Efficiency Ratio | 75.72% | 86.93% | 95.15% | 86.36% | 92.05% | +1,633 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 19.26% | 5.84% | 11.72% | 26.98% | -2.85% | -2,211 bps | |
| Loan Growth (YoY) | -27.48% | -12.21% | -13.34% | -5.08% | -3.69% | +2,380 bps | |
| Share Growth (YoY) | 24.11% | 6.47% | 14.47% | 34.28% | -3.77% | -2,788 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 3.96% | 0.00% | 0.38% | 3.58% | 3.49% | -47 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.94% | 1.08% | 1.30% | 1.22% | 0.82% | -13 bps | |
| Capital | |||||||
| Risk-Based Capital | 20.30% | 20.06% | 18.72% | 17.38% | 21.05% | +75 bps | |
| Net Worth / Assets | 20.30% | 20.06% | 18.72% | 17.38% | 21.05% | +75 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 43.39% | 44.38% | 37.20% | 34.77% | 43.42% | +4 bps | |
| Liquid Assets / Assets | 24.56% | 24.41% | 13.01% | 37.16% | 24.51% | -6 bps | |