Bellingham, WA · Cert 22977
FDIC
Q4 2009
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 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.14% | 0.89% | 0.17% | -0.22% | -6.91% | -9.91% | -10.09% | -7.82% | -760 bps | |
| Return on Equity | 12.49% | 9.85% | 1.92% | -2.51% | -96.79% | -165.99% | -210% | -188.98% | -18,646 bps | |
| Net Interest Margin | 3.67% | 3.41% | 3.26% | 3.08% | 1.92% | 1.80% | 1.77% | 1.80% | -128 bps | |
| Efficiency Ratio | 48.27% | 52.15% | 54.56% | 57.93% | 110.13% | 145.02% | 167.92% | 180.83% | +12,290 bps | |
| Non-Interest Burden | 1.55% | 1.59% | 1.58% | 1.65% | 2.14% | 2.59% | 2.94% | 3.19% | +154 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 9.56% | 11.03% | 7.76% | 5.82% | 5.45% | -5.98% | -10.36% | -19.22% | -2,504 bps | |
| Loan Growth (YoY) | 12.83% | 14.76% | 8.73% | 0.29% | -3.78% | -14.03% | -23.01% | -22.68% | -2,297 bps | |
| Deposit Growth (YoY) | 6.51% | 11.06% | 15.05% | 18.41% | 18.38% | 6.86% | 2.30% | -12.29% | -3,070 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 | 0.26% | 0.59% | 0.98% | 1.61% | 9.02% | 9.06% | 12.84% | 10.38% | +877 bps | |
| Allowance / Loans | 1.58% | 1.51% | 2.02% | 2.08% | 3.34% | 4.73% | 3.69% | 4.73% | +264 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 | 11.02% | 10.59% | 10.35% | 10.27% | 8.58% | 5.28% | 1.98% | 1.97% | -829 bps | |
| Equity / Assets | 9.17% | 8.76% | 8.36% | 7.98% | 6.29% | 3.44% | 0.95% | 1.00% | -699 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 116.75% | 115.49% | 110.35% | 101.54% | 94.90% | 92.91% | 83.04% | 89.52% | -1,203 bps | |
| Liquid Assets / Assets | 0.21% | 0.20% | 1.30% | 5.50% | 8.56% | 8.63% | 11.38% | 5.74% | +24 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |