Waterville, WA · Cert 22742
FDIC
Q2 2007
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2007, the quarter ended June 30, 2007, 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.
Waterville, WA · Cert 22742
FDIC
Q2 2007
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 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.81% | 0.84% | 1.09% | 1.04% | 0.99% | 0.99% | 1.11% | 1.04% | 0 bps | |
| Return on Equity | 10.89% | 11.19% | 13.17% | 12.90% | 12.42% | 12.29% | 12.28% | 11.40% | -150 bps | |
| Net Interest Margin | 4.58% | 5.07% | 5.44% | 5.17% | 4.98% | 5.41% | 5.76% | 5.66% | +48 bps | |
| Efficiency Ratio | 76.55% | 75.77% | 74.62% | 72.85% | 73.93% | 74.08% | 75.99% | 74.96% | +211 bps | |
| Non-Interest Burden | 3.42% | 3.75% | 3.97% | 3.68% | 3.60% | 3.92% | 4.30% | 4.16% | +48 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 4.47% | -0.45% | -0.93% | 1.26% | -2.68% | 1.20% | -4.30% | -9.97% | -1,123 bps | |
| Loan Growth (YoY) | 1.70% | -0.04% | -0.67% | 0.89% | 0.57% | 1.37% | -4.96% | -8.63% | -951 bps | |
| Deposit Growth (YoY) | 6.75% | 3.78% | 1.48% | 2.69% | -6.83% | -5.60% | -2.66% | -13.86% | -1,655 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 | 0.12% | 0.14% | 0.05% | 0.02% | 0.01% | 0.01% | 0.00% | -0.01% | -3 bps | |
| Allowance / Loans | 0.65% | 0.66% | 0.65% | 0.59% | 0.59% | 0.63% | 0.68% | 0.64% | +5 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 | 11.65% | 12.34% | 12.75% | 11.49% | 11.40% | 12.77% | 13.89% | 13.50% | +201 bps | |
| Equity / Assets | 7.22% | 8.10% | 8.44% | 7.65% | 7.74% | 8.59% | 9.45% | 9.30% | +165 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 99.38% | 100.47% | 103.63% | 108.86% | 107.27% | 107.89% | 101.19% | 115.48% | +662 bps | |
| Liquid Assets / Assets | 0.03% | 0.03% | 0.03% | 0.05% | 0.03% | 0.05% | 0.04% | 0.07% | +2 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |