PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Cowlitz Bank, The

Longview, WA · Cert 22643

FDIC

Q2 2010

$489.0MAssets
$310.4MLoans
$474.7MDeposits
$10.2MEquity
Loan mix
75%RE $175.0M24%C&I $56.7M1%Consumer $1.2MQ2 2009Q2 2010
Deposit mix
91%Interest-bearing $431.4M9%Noninterest $43.4MQ2 2009Q2 2010

NIM

6.77%Q2 ’085.08%Q2 ’094.35%Q2 ’10-36%-21%

Non-interest income vs. expense

4.32%Q2 ’083.47%Q2 ’094.49%Q2 ’10-18%+34%

Executive Summary

  • Earnings: ROA of -5.53%, up 15 bps year over year; NIM at 2.16%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 5.58%.
  • Funding: loans stand at 65.39% of deposits as of Q2 2010.

Financial Results

Return on Assets (YTD, annualized)

-5.53%+15 bps YoY

Net Interest Margin (YTD, annualized)

2.16%-58 bps YoY

Efficiency Ratio (YTD, annualized)

162.67%+5,760 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2009Q3 2009Q4 2009Q1 2010Q2 2010YoY ΔTrend
Earnings
Return on Assets-5.68%-4.68%-5.82%-8.99%-5.53%+15 bps
Return on Equity-62.61%-55.49%-76.20%-274%-189.99%-12,737 bps
Net Interest Margin2.73%2.72%2.55%1.95%2.16%-58 bps
Efficiency Ratio105.07%88.21%102.42%168.57%162.67%+5,760 bps
Non-Interest Burden2.90%2.25%2.95%3.71%3.89%+99 bps
Growth
Asset Growth (YoY)9.54%2.39%-5.88%-10.55%-15.67%-2,521 bps
Loan Growth (YoY)-6.77%-14.27%-20.75%-22.93%-22.24%-1,547 bps
Deposit Growth (YoY)13.42%6.33%0.17%-3.20%-10.62%-2,404 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans6.30%5.72%7.54%9.94%5.58%-72 bps
Allowance / Loans2.08%3.00%2.96%3.72%3.72%+165 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 Capital9.75%9.48%7.34%4.36%3.74%-601 bps
Equity / Assets7.56%6.49%4.31%2.21%2.08%-548 bps
Liquidity & Funding
Loans / Deposits75.16%69.84%65.50%62.71%65.39%-977 bps
Liquid Assets / Assets13.01%18.84%23.71%23.68%19.79%+678 bps
CRE / Total Capitaln/an/an/an/an/an/an/a