Seattle, WA · Cert 30887
FDIC
Q1 2004
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 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.26% | 1.27% | 1.17% | 1.21% | 1.19% | 1.09% | 0.27% | 1.25% | +4 bps | |
| Return on Equity | 15.09% | 15.19% | 13.55% | 12.51% | 12.10% | 10.77% | 2.05% | 4.65% | -785 bps | |
| Net Interest Margin | 4.13% | 4.06% | 3.79% | 3.71% | 3.57% | 3.60% | 0.63% | 3.71% | 0 bps | |
| Efficiency Ratio | 54.73% | 54.46% | 56.09% | 53.68% | 54.64% | 57.14% | 42.75% | 52.03% | -165 bps | |
| Non-Interest Burden | 1.95% | 1.90% | 1.84% | 1.71% | 1.68% | 1.79% | 0.24% | 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 | 0.17% | 0.18% | 0.16% | 0.22% | 0.19% | 0.17% | 0.00% | -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 |