Everett, WA · Cert 28823
FDIC
Q1 2011
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | Q4 2010 | Q1 2011 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -5.15% | 0.45% | -0.42% | -7.48% | -5.65% | -1.36% | -2.26% | -0.62% | +686 bps | |
| Return on Equity | -50.23% | 4.63% | -4.46% | -90.33% | -82.13% | -21.85% | -39.20% | -11.45% | +7,888 bps | |
| Net Interest Margin | 2.83% | 2.81% | 2.62% | 2.38% | 2.35% | 2.20% | 2.44% | 2.55% | +17 bps | |
| Efficiency Ratio | 71.29% | 57.46% | 65.08% | 73.61% | 109.00% | 104.23% | 209% | 94.43% | +2,082 bps | |
| Non-Interest Burden | 4.89% | 1.44% | 1.57% | 1.70% | 5.57% | 2.30% | 4.27% | 2.43% | +73 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 4.10% | 6.17% | 4.24% | 2.01% | 4.30% | -1.31% | -12.11% | -13.79% | -1,580 bps | |
| Loan Growth (YoY) | 2.69% | 1.46% | -4.47% | -7.69% | -9.62% | -14.26% | -17.11% | -15.25% | -755 bps | |
| Deposit Growth (YoY) | 0.91% | 4.10% | 13.20% | 15.26% | 18.13% | 9.82% | -2.81% | -8.79% | -2,405 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 | 6.05% | 1.10% | 2.13% | 10.83% | 4.22% | 2.89% | 2.36% | 1.18% | -965 bps | |
| Allowance / Loans | 2.00% | 2.02% | 2.16% | 2.26% | 2.36% | 2.51% | 2.63% | 2.64% | +38 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 | 12.52% | 12.86% | 12.40% | 10.58% | 10.28% | 10.37% | 9.60% | 9.56% | -102 bps | |
| Equity / Assets | 9.69% | 9.70% | 9.10% | 7.45% | 6.32% | 6.10% | 5.43% | 5.38% | -207 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 122.06% | 118.61% | 105.10% | 98.17% | 93.39% | 92.59% | 89.64% | 91.22% | -695 bps | |
| Liquid Assets / Assets | 3.97% | 5.40% | 9.76% | 10.50% | 10.17% | 13.83% | 11.91% | 10.45% | -5 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |