Seattle, WA · Cert 27298
FDIC · 2 branches
Q3 2015
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2015, the quarter ended September 30, 2015, 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 · Cert 27298
FDIC · 2 branches
Q3 2015
Market Position · Seattle-Tacoma-Bellevue, WA · 2015 SOD (annual) · 0.9% share · #17 of 57 inst. · $0.8B of $91.1B
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 2013 | Q1 2014 | Q2 2014 | Q3 2014 | Q4 2014 | Q1 2015 | Q2 2015 | Q3 2015 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.85% | 0.23% | 0.65% | 0.87% | 0.13% | 0.19% | 1.60% | 1.42% | +56 bps | |
| Return on Equity | 8.74% | 2.33% | 6.30% | 8.31% | 1.23% | 1.88% | 15.21% | 13.48% | +517 bps | |
| Net Interest Margin | 3.02% | 3.23% | 3.31% | 3.31% | 3.19% | 3.01% | 3.09% | 2.87% | -44 bps | |
| Efficiency Ratio | 59.49% | 56.33% | 58.35% | 56.81% | 90.58% | 89.84% | 34.99% | 43.44% | -1,337 bps | |
| Non-Interest Burden | 1.64% | 1.65% | 1.77% | 1.72% | 2.86% | 2.67% | 0.87% | 1.08% | -64 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -1.79% | 3.66% | 4.37% | 1.63% | -5.46% | 5.09% | 16.23% | 19.17% | +1,754 bps | |
| Loan Growth (YoY) | 10.27% | 12.63% | 8.07% | 3.66% | 5.03% | 3.66% | 6.74% | 6.68% | +302 bps | |
| Deposit Growth (YoY) | 0.26% | 5.07% | 1.04% | 3.67% | -5.16% | 7.33% | 21.27% | 17.11% | +1,344 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.12% | 0.21% | 0.23% | -0.11% | -0.11% | 0.00% | -0.09% | -0.04% | +8 bps | |
| Allowance / Loans | 1.46% | 1.46% | 1.30% | 1.44% | 1.40% | 1.39% | 1.38% | 1.22% | -22 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | 10.53% | 11.69% | 11.15% | n/a | |
| Total Risk-Based Capital | 13.29% | 13.39% | 13.61% | 13.91% | 13.04% | 13.08% | 14.77% | 15.18% | +127 bps | |
| Equity / Assets | 9.55% | 10.61% | 10.79% | 10.84% | 10.32% | 10.07% | 11.04% | 10.72% | -12 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 79.39% | 88.16% | 91.69% | 83.80% | 87.92% | 85.14% | 80.71% | 76.34% | -747 bps | |
| Liquid Assets / Assets | 15.43% | 8.98% | 12.29% | 16.54% | 13.97% | 15.10% | 19.53% | 22.95% | +641 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |