Seattle, WA · Cert 20501
FDIC
Q4 2009
Board Package
Performance Trends and Peer Comparison
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.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Seattle, WA · Cert 20501
FDIC
Q4 2009
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 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 3.41% | 1.82% | 1.23% | -0.77% | 0.26% | -7.68% | -6.97% | -5.47% | -470 bps | |
| Return on Equity | 37.43% | 20.15% | 13.81% | -9.00% | 3.77% | -139.74% | -153.96% | -134.42% | -12,542 bps | |
| Net Interest Margin | 3.89% | 3.66% | 3.61% | 3.47% | 2.97% | 2.80% | 2.67% | 3.12% | -35 bps | |
| Efficiency Ratio | 30.56% | 44.90% | 54.77% | 67.43% | 90.81% | 105.20% | 104.69% | 107.19% | +3,976 bps | |
| Non-Interest Burden | -2.80% | 0.02% | 1.05% | 1.78% | 2.67% | 2.95% | 2.81% | 3.36% | +158 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 18.92% | 18.38% | 13.60% | 9.73% | 13.06% | 11.04% | 3.87% | -14.08% | -2,381 bps | |
| Loan Growth (YoY) | 25.03% | 23.08% | 19.21% | 12.58% | 8.98% | -2.40% | -9.21% | -12.35% | -2,494 bps | |
| Deposit Growth (YoY) | 10.22% | 4.90% | 12.39% | 15.85% | 19.31% | 32.10% | 21.76% | -5.17% | -2,102 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.75% | 0.45% | 0.29% | 1.33% | 0.39% | 4.86% | 3.84% | 3.02% | +169 bps | |
| Allowance / Loans | 1.35% | 1.36% | 1.44% | 2.48% | 2.39% | 4.74% | 6.36% | 6.55% | +406 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 11.91% | 10.85% | 10.72% | 8.96% | 9.22% | 4.93% | 3.39% | 3.44% | -551 bps | |
| Equity / Assets | 9.39% | 8.86% | 8.69% | 7.11% | 6.78% | 2.80% | 1.59% | 1.82% | -529 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 120.02% | 128.15% | 117.20% | 117.76% | 109.63% | 94.68% | 87.38% | 108.84% | -892 bps | |
| Liquid Assets / Assets | 1.48% | 1.29% | 0.98% | 1.36% | 6.86% | 9.48% | 4.72% | 6.82% | +545 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |