Seattle, WA · Charter 2478
Q2 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2006, the quarter ended June 30, 2006, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Seattle, WA · Charter 2478
Q2 2006
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -0.03% | 0.17% | 0.29% | 0.67% | 0.37% | +40 bps | |
| Return on Equity | -0.17% | 1.07% | 1.73% | 4.10% | 2.21% | +238 bps | |
| Net Interest Margin | 3.75% | 3.83% | 3.89% | 3.70% | 3.89% | +13 bps | |
| Efficiency Ratio | 94.08% | 95.17% | 94.43% | 88.84% | 94.52% | +44 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 0.73% | 1.05% | -2.44% | -5.23% | -6.06% | -679 bps | |
| Loan Growth (YoY) | -18.91% | -16.87% | -17.63% | -16.75% | -3.12% | +1,579 bps | |
| Share Growth (YoY) | 0.36% | 0.70% | -6.73% | -8.41% | -8.75% | -911 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.15% | 0.48% | 0.23% | 0.08% | 1.21% | +105 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.71% | 1.40% | 1.08% | 1.04% | 0.84% | -88 bps | |
| Capital | |||||||
| Risk-Based Capital | 15.45% | 16.28% | 16.68% | 16.45% | 16.94% | +149 bps | |
| Net Worth / Assets | 15.45% | 16.28% | 16.68% | 16.45% | 16.94% | +149 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 51.54% | 54.02% | 55.26% | 50.56% | 54.72% | +318 bps | |
| Liquid Assets / Assets | 27.10% | 23.48% | 28.69% | 30.38% | 0.00% | -2,710 bps | |