Colfax, WA · Cert 22528
FDIC
Q2 2011
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2011, the quarter ended June 30, 2011, 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.
Colfax, WA · Cert 22528
FDIC
Q2 2011
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 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | Q4 2010 | Q1 2011 | Q2 2011 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.73% | -2.19% | 1.48% | -0.16% | -1.85% | -2.24% | -6.87% | -8.28% | -812 bps | |
| Return on Equity | -9.52% | -31.45% | 29.18% | -3.06% | -37.00% | -47.03% | -227% | -394% | -39,110 bps | |
| Net Interest Margin | 3.59% | 3.36% | 2.96% | 2.95% | 2.99% | 3.25% | 3.07% | 3.36% | +41 bps | |
| Efficiency Ratio | 75.71% | 81.89% | 62.13% | 103.26% | 107.48% | 99.67% | 156.86% | 159.04% | +5,578 bps | |
| Non-Interest Burden | 2.64% | 2.69% | 1.67% | 3.05% | 3.22% | 3.23% | 4.51% | 4.94% | +189 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 14.22% | 22.73% | 2.20% | -5.65% | -6.64% | -19.51% | -23.25% | -26.35% | -2,070 bps | |
| Loan Growth (YoY) | 9.33% | -0.42% | -6.85% | -12.85% | -16.59% | -17.26% | -16.21% | -23.76% | -1,091 bps | |
| Deposit Growth (YoY) | 19.69% | 41.64% | 3.87% | -6.40% | -6.56% | -13.28% | -15.89% | -16.94% | -1,054 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 | 0.16% | 0.57% | 0.02% | 2.32% | 2.31% | 3.77% | 4.93% | 5.87% | +355 bps | |
| Allowance / Loans | 2.22% | 3.94% | 4.17% | 3.18% | 4.44% | 4.29% | 4.97% | 6.70% | +351 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 | 9.55% | 8.22% | 9.10% | 8.63% | 7.02% | 6.17% | 4.12% | -0.10% | -872 bps | |
| Equity / Assets | 6.91% | 4.68% | 5.47% | 5.54% | 4.31% | 3.66% | 2.31% | -0.06% | -560 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 104.15% | 88.68% | 90.92% | 94.62% | 92.98% | 84.60% | 90.57% | 86.85% | -777 bps | |
| Liquid Assets / Assets | 1.22% | 16.22% | 15.87% | 11.58% | 11.22% | 12.51% | 5.78% | 10.66% | -93 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |