Spokane, WA · Cert 22939
FDIC · 14 branches
Q4 2023
Market Position · Spokane-Spokane Valley, WA · 2023 SOD (annual) · 1.1% share · #13 of 16 inst. · $0.1B of $12.9B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.65% | 0.75% | 1.02% | 1.33% | 0.69% | 1.00% | 0.83% | 0.76% | -57 bps | |
| Return on Equity | 8.05% | 10.60% | 15.63% | 20.29% | 9.85% | 14.02% | 11.60% | 10.33% | -996 bps | |
| Net Interest Margin | 2.75% | 2.91% | 3.38% | 3.49% | 3.19% | 3.03% | 2.97% | 3.23% | -27 bps | |
| Efficiency Ratio | 79.27% | 76.77% | 71.55% | 60.69% | 78.09% | 68.65% | 75.32% | 76.49% | +1,580 bps | |
| Non-Interest Burden | 1.96% | 2.00% | 2.14% | 1.88% | 2.36% | 1.83% | 2.00% | 2.29% | +41 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 11.15% | 8.70% | 4.30% | 0.39% | 0.23% | 6.06% | 7.14% | 1.69% | +130 bps | |
| Loan Growth (YoY) | -9.80% | -3.45% | 3.55% | 9.12% | 19.90% | 19.41% | 19.48% | 12.14% | +301 bps | |
| Deposit Growth (YoY) | 12.60% | 11.13% | 7.26% | -1.24% | -5.21% | -7.33% | -7.86% | -2.34% | -110 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | -0.02% | 0.00% | 0.00% | -0.12% | 0.01% | 0.01% | +1 bps | |
| Allowance / Loans | 1.15% | 1.06% | 1.03% | 1.01% | 0.96% | 0.92% | 0.89% | 0.92% | -9 bps | |
| Allowance Coverage of NPLs | 6.4x | n/a | 845.8x | 846.4x | 603.9x | n/a | 108.8x | 4338.0x | +3491.6x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.90% | 8.92% | 9.20% | 9.44% | 9.52% | 9.54% | 9.51% | 9.46% | +2 bps | |
| Total Risk-Based Capital | 14.45% | 13.77% | 13.86% | 13.85% | 13.79% | 13.53% | 13.48% | 13.40% | -45 bps | |
| Equity / Assets | 7.44% | 6.78% | 6.30% | 6.85% | 7.23% | 7.01% | 7.22% | 7.59% | +74 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 54.90% | 60.55% | 62.18% | 65.99% | 69.44% | 78.03% | 80.63% | 75.77% | +978 bps | |
| Liquid Assets / Assets | 8.83% | 4.23% | 3.71% | 2.73% | 2.49% | 1.91% | 14.82% | 15.42% | +1,269 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |