Morton, WA · Charter 21909
Q3 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2008, the quarter ended September 30, 2008, 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.
Morton, WA · Charter 21909
Q3 2008
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 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.63% | 1.90% | 1.60% | 1.44% | 0.13% | -3.23% | -1.79% | -1.73% | -317 bps | |
| Return on Equity | 8.24% | 23.42% | 19.02% | 16.38% | 1.63% | -56.33% | -40.29% | -47.48% | -6,386 bps | |
| Net Interest Margin | 5.13% | 5.06% | 4.84% | 4.93% | 4.80% | 3.18% | 2.37% | 2.23% | -271 bps | |
| Efficiency Ratio | 90.77% | 75.37% | 74.52% | 77.93% | 82.96% | 153.94% | 131.78% | 134.04% | +5,612 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.30% | -3.96% | -3.10% | -4.89% | 0.95% | 18.54% | 44.48% | 58.77% | +6,366 bps | |
| Loan Growth (YoY) | 7.86% | 10.40% | 5.52% | -2.38% | -7.99% | -9.00% | 5.77% | 24.71% | +2,709 bps | |
| Share Growth (YoY) | -1.67% | -6.32% | -5.64% | -7.77% | 1.20% | 22.14% | 51.63% | 69.29% | +7,706 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 7.95% | 7.92% | 7.95% | 10.40% | 7.44% | 7.48% | 8.03% | 5.98% | -442 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 | 1.76% | 1.55% | 1.59% | 1.59% | 1.75% | 1.90% | 1.70% | 1.51% | -8 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 7.62% | 8.10% | 8.39% | 8.80% | 7.67% | 5.73% | 4.45% | 3.64% | -515 bps | |
| Net Worth / Assets | 7.62% | 8.10% | 8.39% | 8.80% | 7.67% | 5.73% | 4.45% | 3.64% | -515 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 81.01% | 80.89% | 78.93% | 79.94% | 73.66% | 60.27% | 55.06% | 58.89% | -2,105 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |