Friday Harbor, WA · Cert 23469
FDIC · 3 branches
Q4 2020
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 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.72% | 1.53% | 1.22% | 1.16% | 0.96% | -76 bps | |
| Return on Equity | 14.71% | 13.91% | 12.09% | 12.15% | 10.41% | -431 bps | |
| Net Interest Margin | 4.00% | 3.99% | 3.69% | 3.29% | 3.11% | -89 bps | |
| Efficiency Ratio | 52.10% | 55.58% | 57.94% | 58.36% | 62.74% | +1,063 bps | |
| Non-Interest Burden | 1.92% | 2.10% | 2.04% | 1.83% | 1.87% | -5 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 7.42% | 5.43% | 14.24% | 15.45% | 16.37% | +895 bps | |
| Loan Growth (YoY) | 2.01% | -2.98% | -3.69% | -1.13% | -6.20% | -821 bps | |
| Deposit Growth (YoY) | 7.23% | 7.20% | 19.18% | 20.34% | 21.60% | +1,437 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.39% | 0.48% | 0.58% | 0.68% | 0.53% | +14 bps | |
| Net Charge-Offs / Loans | 0.06% | -0.01% | -0.01% | -0.01% | 0.02% | -3 bps | |
| Allowance / Loans | 1.30% | 1.23% | 1.39% | 1.40% | 1.59% | +29 bps | |
| Allowance Coverage of NPLs | 3.3x | 2.6x | 2.4x | 2.1x | 3.0x | -0.3x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 11.66% | 10.05% | 8.62% | 8.15% | 7.87% | -380 bps | |
| Total Risk-Based Capital | 19.42% | 16.99% | 15.08% | 15.14% | 15.65% | -378 bps | |
| Equity / Assets | 11.72% | 10.22% | 8.34% | 8.13% | 7.97% | -376 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 73.12% | 70.70% | 62.88% | 60.52% | 56.41% | -1,672 bps | |
| Liquid Assets / Assets | 14.44% | 13.97% | 21.78% | 26.84% | 33.38% | +1,894 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |