Seattle, WA · Cert 30887
FDIC
Q1 2004
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.28% | 1.27% | 0.92% | 1.21% | 1.16% | 0.86% | -2.28% | 1.25% | +4 bps | |
| Return on Equity | 15.41% | 15.46% | 10.23% | 12.51% | 11.67% | 8.20% | -12.26% | 4.65% | -785 bps | |
| Net Interest Margin | 4.10% | 4.03% | 3.80% | 3.71% | 3.44% | 3.29% | -7.55% | 3.71% | 0 bps | |
| Efficiency Ratio | 54.50% | 53.91% | 60.91% | 53.68% | 55.67% | 62.73% | 45.22% | 52.03% | -165 bps | |
| Non-Interest Burden | 1.90% | 1.85% | 2.05% | 1.71% | 1.65% | 1.84% | -4.05% | 1.79% | +8 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.54% | 0.81% | 14.12% | 14.14% | 8.11% | 1.70% | -4.90% | -9.90% | -2,404 bps | |
| Loan Growth (YoY) | 1.16% | -0.53% | 10.90% | 10.49% | 10.75% | 9.25% | -7.46% | -11.31% | -2,180 bps | |
| Deposit Growth (YoY) | 8.37% | 8.62% | 28.14% | 22.43% | 11.28% | 4.76% | -12.90% | -18.05% | -4,047 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 | 0.19% | 0.18% | 0.15% | 0.22% | 0.17% | 0.12% | -0.56% | -0.18% | -40 bps | |
| Allowance / Loans | 1.18% | 1.24% | 1.31% | 1.32% | 1.33% | 1.40% | 1.81% | 1.89% | +57 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 | 11.65% | 11.80% | 10.80% | 11.09% | 11.23% | 11.68% | 12.58% | 13.64% | +255 bps | |
| Equity / Assets | 8.11% | 8.27% | 9.55% | 9.82% | 10.05% | 11.05% | 25.93% | 27.80% | +1,798 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 100.78% | 100.22% | 99.70% | 98.55% | 100.30% | 104.50% | 105.93% | 106.66% | +810 bps | |
| Liquid Assets / Assets | 0.07% | 0.08% | 0.24% | 0.35% | 0.27% | 0.10% | 0.07% | 0.06% | -29 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |