Ilwaco, WA · Cert 22680
FDIC
Q3 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2010, the quarter ended September 30, 2010, 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.
Ilwaco, WA · Cert 22680
FDIC
Q3 2010
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 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.71% | 0.15%1 | -0.34% | -0.03% | 0.01%1 | -0.59% | -0.98% | -0.95% | -93 bps | |
| Return on Equity | 8.57% | 1.98% | -4.48% | -0.33% | 0.14% | -8.17% | -13.43% | -12.69% | -1,235 bps | |
| Net Interest Margin | 2.92% | 3.18% | 3.05% | 3.12% | 3.28% | 3.24% | 3.22% | 3.47% | +35 bps | |
| Efficiency Ratio | 66.39% | 67.80% | 72.38% | 68.63% | 67.80% | 72.92% | 82.02% | 81.62% | +1,299 bps | |
| Non-Interest Burden | 1.91% | 2.13% | 2.19% | 2.11% | 2.19% | 2.33% | 2.62% | 2.81% | +69 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 43.54% | 27.56% | 23.61% | 14.30% | -4.70% | -2.09% | -12.31% | -21.88% | -3,618 bps | |
| Loan Growth (YoY) | 25.27% | 24.27% | 13.43% | 10.92% | 0.73% | -5.99% | -9.81% | -9.34% | -2,026 bps | |
| Deposit Growth (YoY) | 27.62% | 23.22% | 28.40% | 16.04% | 12.37% | 7.13% | -6.89% | -21.28% | -3,732 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 | 0.54% | 0.32% | 0.65% | 2.07% | 3.03% | 3.61% | 3.50% | 3.59% | +152 bps | |
| Allowance / Loans | 1.24% | 1.77% | 2.82% | 2.07% | 1.64% | 1.86% | 1.58% | 1.45% | -62 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 | 12.68% | 13.12% | 12.67% | 13.02% | 13.64% | 13.50% | 13.41% | 10.68% | -234 bps | |
| Equity / Assets | 7.72% | 7.70% | 7.09% | 7.50% | 7.46% | 6.95% | 7.52% | 8.14% | +64 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 74.57% | 67.74% | 67.57% | 62.86% | 66.84% | 59.44% | 65.46% | 72.39% | +953 bps | |
| Liquid Assets / Assets | 2.17% | 1.76% | 1.77% | 1.29% | 3.28% | 3.79% | 6.24% | 5.42% | +413 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |