Clarkston, WA · Cert 28351
FDIC
Q3 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2006, the quarter ended September 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.
Clarkston, WA · Cert 28351
FDIC
Q3 2006
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 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.90% | 0.86% | 0.90% | 0.99% | 1.02% | 1.15% | 1.17% | 1.27% | +28 bps | |
| Return on Equity | 9.74% | 9.56% | 10.13% | 11.02% | 11.26% | 12.26% | 12.54% | 13.63% | +261 bps | |
| Net Interest Margin | 3.52% | 3.66% | 3.66% | 3.72% | 3.85% | 4.03% | 4.05% | 4.06% | +34 bps | |
| Efficiency Ratio | 67.29% | 65.50% | 62.76% | 62.26% | 62.15% | 61.55% | 60.57% | 58.08% | -419 bps | |
| Non-Interest Burden | 2.16% | 2.22% | 2.09% | 2.09% | 2.15% | 2.22% | 2.19% | 2.08% | -1 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 12.11% | 14.38% | 15.24% | 10.59% | 7.27% | 5.62% | 4.54% | 8.77% | -182 bps | |
| Loan Growth (YoY) | 15.89% | 21.75% | 23.95% | 19.55% | 15.92% | 12.27% | 9.04% | 11.96% | -759 bps | |
| Deposit Growth (YoY) | 4.75% | 7.80% | 17.49% | 13.03% | 12.60% | 9.76% | 13.32% | 12.71% | -31 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 | 0.13% | 0.11% | 0.10% | 0.08% | 0.07% | 0.38% | 0.20% | 0.14% | +6 bps | |
| Allowance / Loans | 1.28% | 1.27% | 1.29% | 1.34% | 1.36% | 1.26% | 1.25% | 1.25% | -9 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 | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 10.40% | 10.28% | 10.57% | 11.38% | 11.57% | 11.55% | 11.37% | 11.30% | -8 bps | |
| Equity / Assets | 9.07% | 8.89% | 8.68% | 9.30% | 9.43% | 9.38% | 9.16% | 9.26% | -4 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 109.68% | 110.14% | 110.15% | 108.59% | 112.91% | 112.65% | 105.99% | 107.86% | -72 bps | |
| Liquid Assets / Assets | 7.64% | 6.95% | 6.35% | 6.58% | 6.55% | 6.44% | 6.85% | 7.02% | +44 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |