Aberdeen, WA · Cert 28454
FDIC · 10 branches
Q3 2018
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2018, the quarter ended September 30, 2018, 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.
Aberdeen, WA · Cert 28454
FDIC · 10 branches
Q3 2018
Market Position · Olympia-Tumwater, WA · 2018 SOD (annual) · 2.3% share · #14 of 18 inst. · $0.1B of $3.9B
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 2016 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.43% | 0.67% | 0.76% | 0.83% | 0.43% | 1.22% | 1.14% | 1.20% | +37 bps | |
| Return on Equity | 3.08% | 4.99% | 5.71% | 6.24% | 3.22% | 9.52% | 8.73% | 9.14% | +290 bps | |
| Net Interest Margin | 3.75% | 3.90% | 3.95% | 3.98% | 3.93% | 4.02% | 4.10% | 4.13% | +15 bps | |
| Efficiency Ratio | 85.34% | 76.25% | 74.88% | 72.71% | 71.75% | 66.47% | 67.89% | 65.30% | -740 bps | |
| Non-Interest Burden | 3.06% | 2.78% | 2.76% | 2.68% | 2.62% | 2.40% | 2.56% | 2.47% | -20 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 10.37% | 10.82% | 7.13% | 5.43% | 7.25% | 3.15% | 1.62% | 4.03% | -140 bps | |
| Loan Growth (YoY) | 14.12% | 15.96% | 8.66% | 8.84% | 11.77% | 4.81% | 3.39% | -3.27% | -1,211 bps | |
| Deposit Growth (YoY) | 7.88% | 11.94% | 14.64% | 14.63% | 3.15% | 5.03% | 4.13% | 4.86% | -977 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.62% | 0.32% | 0.38% | 0.36% | 0.29% | 0.24% | 0.24% | -14 bps | |
| Net Charge-Offs / Loans | 0.12% | 0.04% | -0.04% | 0.03% | 0.02% | -0.01% | -0.01% | -0.01% | -3 bps | |
| Allowance / Loans | 1.07% | 1.03% | 1.07% | 1.04% | 1.03% | 1.06% | 1.10% | 1.18% | +14 bps | |
| Allowance Coverage of NPLs | n/a | 1.7x | 3.4x | 2.7x | 2.8x | 3.7x | 4.7x | 5.0x | +2.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 13.30% | 13.09% | 13.02% | 13.31% | 12.95% | 13.17% | 13.48% | 13.90% | +59 bps | |
| Total Risk-Based Capital | 15.19% | 14.61% | 15.12% | 14.89% | 15.06% | 15.75% | 16.61% | 18.22% | +333 bps | |
| Equity / Assets | 13.62% | 13.04% | 13.31% | 13.48% | 12.81% | 12.86% | 13.42% | 13.49% | +1 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 107.97% | 110.50% | 109.67% | 109.24% | 117.00% | 110.27% | 108.88% | 100.77% | -847 bps | |
| Liquid Assets / Assets | 3.70% | 3.68% | 2.81% | 1.87% | 1.57% | 3.22% | 3.41% | 10.11% | +824 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |