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Evergreenbank

Seattle, WA · Cert 20501

FDIC

Q4 2009

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: Q4 2009, the quarter ended December 31, 2009, 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

Evergreenbank

Seattle, WA · Cert 20501

FDIC

Q4 2009

$396.0MAssets
$370.5MLoans
$340.4MDeposits
$7.2MEquity
Loan mix
83%RE $231.4M16%C&I $44.1M1%Consumer $2.6MQ4 2008Q4 2009
Deposit mix
89%Interest-bearing $301.6M11%Noninterest $38.8MQ4 2008Q4 2009

NIM

7.22%Q4 ’076.09%Q4 ’085.38%Q4 ’09-14%-10%

Non-interest income vs. expense

3.38%Q4 ’073.50%Q4 ’083.62%Q4 ’09-33%+89%

Executive Summary

  • Earnings: ROA of -5.47%, down 470 bps year over year; NIM at 3.12%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 3.02%.
  • Funding: loans stand at 108.84% of deposits as of Q4 2009.

Financial Results

Return on Assets (YTD, annualized)

-5.47%-470 bps YoY

Net Interest Margin (YTD, annualized)

3.12%-35 bps YoY

Efficiency Ratio (YTD, annualized)

107.19%+3,976 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2008Q1 2009Q2 2009Q3 2009Q4 2009YoY ΔTrend
Earnings
Return on Assets-0.77%0.26%-7.68%-6.97%-5.47%-470 bps
Return on Equity-9.00%3.77%-139.74%-153.96%-134.42%-12,542 bps
Net Interest Margin3.47%2.97%2.80%2.67%3.12%-35 bps
Efficiency Ratio67.43%90.81%105.20%104.69%107.19%+3,976 bps
Non-Interest Burden1.78%2.67%2.95%2.81%3.36%+158 bps
Growth
Asset Growth (YoY)9.73%13.06%11.04%3.87%-14.08%-2,381 bps
Loan Growth (YoY)12.58%8.98%-2.40%-9.21%-12.35%-2,494 bps
Deposit Growth (YoY)15.85%19.31%32.10%21.76%-5.17%-2,102 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.33%0.39%4.86%3.84%3.02%+169 bps
Allowance / Loans2.48%2.39%4.74%6.36%6.55%+406 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital8.96%9.22%4.93%3.39%3.44%-551 bps
Equity / Assets7.11%6.78%2.80%1.59%1.82%-529 bps
Liquidity & Funding
Loans / Deposits117.76%109.63%94.68%87.38%108.84%-892 bps
Liquid Assets / Assets1.36%6.86%9.48%4.72%6.82%+545 bps
CRE / Total Capitaln/an/an/an/an/an/an/a