Seattle, WA · Charter 20236
Q3 2002
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2002, the quarter ended September 30, 2002, 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.
Seattle, WA · Charter 20236
Q3 2002
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 | Q4 2000 | Q1 2001 | Q2 2001 | Q3 2001 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.72% | 0.70% | 0.73% | 0.84% | 0.82% | 0.94% | 1.11% | 1.27% | +43 bps | |
| Return on Equity | 7.60% | 7.73% | 7.85% | 9.24% | 9.10% | 10.54% | 12.06% | 13.82% | +458 bps | |
| Net Interest Margin | 3.52% | 3.55% | 3.51% | 3.40% | 3.34% | 3.51% | 3.61% | 3.53% | +13 bps | |
| Efficiency Ratio | 77.53% | 77.45% | 77.31% | 74.73% | 75.00% | 73.26% | 71.37% | 68.71% | -603 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 5.12% | 13.87% | 9.17% | 12.40% | 16.07% | 12.91% | 13.34% | 13.53% | +113 bps | |
| Loan Growth (YoY) | 10.02% | 7.77% | 6.07% | 5.12% | 7.31% | 9.15% | 4.54% | 4.36% | -76 bps | |
| Share Growth (YoY) | 2.90% | 9.53% | 10.05% | 12.13% | 15.95% | 13.56% | 14.58% | 14.19% | +206 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.53% | 0.48% | 0.40% | 0.47% | 0.58% | 0.59% | 0.48% | 0.45% | -3 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.64% | 0.63% | 0.62% | 0.64% | 0.62% | 0.61% | 0.60% | 0.60% | -3 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 9.51% | 9.12% | 9.24% | 9.13% | 9.02% | 8.95% | 9.17% | 9.19% | +6 bps | |
| Net Worth / Assets | 9.51% | 9.12% | 9.24% | 9.13% | 9.02% | 8.95% | 9.17% | 9.19% | +6 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 99.76% | 93.90% | 96.78% | 92.62% | 92.33% | 90.25% | 88.30% | 84.64% | -797 bps | |
| Liquid Assets / Assets | 9.08% | 14.06% | 10.94% | 14.19% | 13.21% | 12.16% | 11.21% | 12.34% | -185 bps | |