PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

North Cascades National Bank

Chelan, WA · Cert 26846

FDIC

Q2 2013

$329.9MAssets
$212.4MLoans
$288.2MDeposits
$36.9MEquity
Loan mix
83%RE $121.1M16%C&I $23.7M1%Consumer $2.0MQ2 2012Q2 2013
Deposit mix
76%Interest-bearing $219.3M24%Noninterest $68.9MQ2 2012Q2 2013

NIM

4.60%Q2 ’114.14%Q2 ’123.81%Q2 ’13-3%-4%

Non-interest income vs. expense

3.38%Q2 ’113.28%Q2 ’122.90%Q2 ’13-2%-16%

Executive Summary

  • Earnings: ROA of 0.83%, up 13 bps year over year; NIM at 3.60%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.12%.
  • Funding: loans stand at 73.70% of deposits as of Q2 2013.

Financial Results

Return on Assets (quarter, annualized)

0.83%+13 bps YoY

Net Interest Margin (quarter, annualized)

3.60%-17 bps YoY

Efficiency Ratio (quarter, annualized)

69.08%-719 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2012Q3 2012Q4 2012Q1 2013Q2 2013YoY ΔTrend
Earnings
Return on Assets0.70%0.80%0.48%0.50%0.83%+13 bps
Return on Equity5.85%6.77%4.06%4.13%7.02%+118 bps
Net Interest Margin3.77%3.68%3.53%3.48%3.60%-17 bps
Efficiency Ratio76.27%75.91%81.63%79.13%69.08%-719 bps
Non-Interest Burden2.79%2.72%2.88%2.70%2.35%-44 bps
Growth
Asset Growth (YoY)-1.56%1.15%5.28%2.87%-0.85%+71 bps
Loan Growth (YoY)4.94%-0.22%5.57%3.74%-1.72%-666 bps
Deposit Growth (YoY)-4.70%0.09%4.94%2.37%2.49%+719 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.88%-0.17%0.07%0.18%-0.12%-100 bps
Allowance / Loans1.47%1.55%1.48%1.54%1.58%+11 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 Capital15.95%16.80%16.20%17.20%15.27%-67 bps
Equity / Assets11.99%11.74%11.88%12.34%11.19%-80 bps
Liquidity & Funding
Loans / Deposits76.85%70.17%73.07%72.33%73.70%-316 bps
Liquid Assets / Assets1.71%11.52%8.15%10.47%8.80%+710 bps
CRE / Total Capitaln/an/an/an/an/an/an/a