Friday Harbor, WA · Cert 23469
FDIC · 3 branches
Q4 2020
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q1 2019 | Q2 2019 | Q3 2019 | Q4 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.71% | 1.80% | 1.79% | 1.60% | 1.53% | 0.94% | 1.05% | 0.40% | -120 bps | |
| Return on Equity | 14.78% | 15.19% | 15.18% | 13.70% | 13.91% | 10.13% | 12.81% | 4.92% | -878 bps | |
| Net Interest Margin | 4.22% | 4.27% | 4.14% | 4.00% | 3.99% | 3.54% | 3.11% | 2.89% | -111 bps | |
| Efficiency Ratio | 53.02% | 51.74% | 50.15% | 53.57% | 55.58% | 60.53% | 59.25% | 77.11% | +2,355 bps | |
| Non-Interest Burden | 2.06% | 2.00% | 1.91% | 2.02% | 2.10% | 2.06% | 1.75% | 2.18% | +16 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.40% | -0.26% | -0.30% | 7.42% | 5.43% | 14.24% | 15.45% | 16.37% | +895 bps | |
| Loan Growth (YoY) | 1.60% | 3.82% | 4.68% | 2.01% | -2.98% | -3.69% | -1.13% | -6.20% | -821 bps | |
| Deposit Growth (YoY) | -1.59% | -1.69% | -1.64% | 7.23% | 7.20% | 19.18% | 20.34% | 21.60% | +1,437 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.23% | 0.71% | 0.29% | 0.39% | 0.48% | 0.58% | 0.68% | 0.53% | +14 bps | |
| Net Charge-Offs / Loans | -0.01% | 0.22% | 0.01% | 0.00% | -0.01% | -0.02% | 0.00% | 0.12% | +12 bps | |
| Allowance / Loans | 1.29% | 1.26% | 1.28% | 1.30% | 1.23% | 1.39% | 1.40% | 1.59% | +29 bps | |
| Allowance Coverage of NPLs | 5.7x | 1.8x | 4.4x | 3.3x | 2.6x | 2.4x | 2.1x | 3.0x | -0.3x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.86% | 12.00% | 11.68% | 11.66% | 10.05% | 8.62% | 8.15% | 7.87% | -380 bps | |
| Total Risk-Based Capital | 18.44% | 18.80% | 18.97% | 19.42% | 16.99% | 15.08% | 15.14% | 15.65% | -378 bps | |
| Equity / Assets | 11.68% | 11.98% | 11.63% | 11.72% | 10.22% | 8.34% | 8.13% | 7.97% | -376 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 78.11% | 77.81% | 73.67% | 73.12% | 70.70% | 62.88% | 60.52% | 56.41% | -1,672 bps | |
| Liquid Assets / Assets | 9.52% | 9.64% | 14.55% | 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 | n/a | n/a | n/a |