Seattle, WA · Charter 24837
NCUA
Q1 2016
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2016, the quarter ended March 31, 2016, 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 24837
NCUA
Q1 2016
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 | Q1 2015 | Q2 2015 | Q3 2015 | Q4 2015 | Q1 2016 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.00% | 0.13% | -0.12% | 0.04% | -0.39% | -39 bps | |
| Return on Equity | 0.06% | 1.69% | -1.57% | 0.47% | -5.30% | -537 bps | |
| Net Interest Margin | 3.49% | 3.56% | 3.69% | 3.65% | 3.28% | -20 bps | |
| Efficiency Ratio | 99.56% | 96.53% | 97.06% | 96.45% | 93.40% | -617 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -7.15% | -5.78% | -5.06% | -5.49% | 0.26% | +740 bps | |
| Loan Growth (YoY) | 17.34% | 21.83% | 14.91% | 2.26% | -2.41% | -1,975 bps | |
| Share Growth (YoY) | -7.42% | -6.74% | -6.82% | -5.98% | 0.39% | +781 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 1.42% | 0.53% | 0.47% | 0.54% | 0.73% | -69 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.29% | 0.53% | 0.56% | 0.42% | 0.52% | -77 bps | |
| Capital | |||||||
| Risk-Based Capital | 7.35% | 7.43% | 7.53% | 7.60% | 7.27% | -8 bps | |
| Net Worth / Assets | 7.35% | 7.43% | 7.53% | 7.60% | 7.27% | -8 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 63.14% | 65.86% | 67.59% | 65.82% | 61.37% | -177 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |