PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

West Coast Bank

Lake Oswego, OR · Cert 2345

FDIC

Q1 2013

$2.4BAssets
$1.5BLoans
$1.9BDeposits
$374.6MEquity
Loan mix
78%RE $782.7M21%C&I $206.7M1%Consumer $11.8MQ1 2012Q1 2013
Deposit mix
82%Interest-bearing $1.5B18%Noninterest $0.3BQ1 2012Q1 2013

NIM

4.12%Q1 ’114.00%Q1 ’123.58%Q1 ’13+7%-10%

Non-interest income vs. expense

3.56%Q1 ’113.45%Q1 ’124.57%Q1 ’13-1%+50%

Executive Summary

  • Earnings: ROA of 0.05%, down 95 bps year over year; NIM at 3.47%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.51%.
  • Funding: loans stand at 78.95% of deposits as of Q1 2013.

Financial Results

Return on Assets (quarter, annualized)

0.05%-95 bps YoY

Net Interest Margin (quarter, annualized)

3.47%-38 bps YoY

Efficiency Ratio (quarter, annualized)

98.68%+3,013 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ1 2012Q2 2012Q3 2012Q4 2012Q1 2013YoY ΔTrend
Earnings
Return on Assets1.00%1.05%1.02%0.97%0.05%-95 bps
Return on Equity6.83%6.97%6.73%6.37%0.35%-647 bps
Net Interest Margin3.85%3.77%3.68%3.61%3.47%-38 bps
Efficiency Ratio68.54%69.66%69.78%69.02%98.68%+3,013 bps
Non-Interest Burden2.27%2.26%2.20%2.16%3.41%+114 bps
Growth
Asset Growth (YoY)-1.76%-2.25%-1.83%2.37%0.44%+220 bps
Loan Growth (YoY)-4.23%-1.71%-0.99%-0.64%1.46%+569 bps
Deposit Growth (YoY)-1.88%-2.84%-3.09%1.08%-0.65%+123 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.39%0.06%0.27%0.53%0.51%+12 bps
Allowance / Loans2.30%2.22%2.11%1.97%1.83%-47 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 Capital20.88%20.88%21.06%21.20%21.32%+44 bps
Equity / Assets14.91%15.22%15.17%15.18%15.51%+60 bps
Liquidity & Funding
Loans / Deposits77.30%79.30%76.90%76.81%78.95%+165 bps
Liquid Assets / Assets4.52%2.20%1.82%2.56%2.42%-210 bps
CRE / Total Capitaln/an/an/an/an/an/an/a