Spokane, WA · Cert 32158
FDIC
Q1 2014
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2014, the quarter ended March 31, 2014, 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.
Spokane, WA · Cert 32158
FDIC
Q1 2014
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 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | Q1 2014 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 6.78% | 4.99% | 4.04% | 1.07% | 1.15% | 1.09% | 1.07% | 0.56% | -52 bps | |
| Return on Equity | 53.11% | 37.22% | 29.32% | 6.96% | 7.67% | 7.41% | 7.38% | 4.08% | -288 bps | |
| Net Interest Margin | 3.48% | 3.43% | 3.36% | 3.47% | 3.44% | 3.36% | 3.34% | 3.46% | -1 bps | |
| Efficiency Ratio | 75.65% | 74.26% | 78.99% | 67.68% | 66.65% | 67.98% | 68.24% | 78.16% | +1,048 bps | |
| Non-Interest Burden | 2.32% | 2.18% | 2.34% | 1.90% | 1.82% | 1.88% | 1.92% | 2.60% | +70 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.71% | 3.16% | 0.42% | -2.64% | 3.61% | 5.38% | 11.45% | 10.21% | +1,284 bps | |
| Loan Growth (YoY) | 8.88% | 10.41% | 16.05% | 8.36% | 15.74% | 14.44% | 12.99% | 12.73% | +437 bps | |
| Deposit Growth (YoY) | 2.47% | 3.45% | -1.04% | -5.45% | -2.90% | 1.96% | 10.12% | 8.26% | +1,371 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 | 0.80% | 0.64% | 0.46% | 0.28% | 0.27% | 0.20% | 0.16% | 0.07% | -21 bps | |
| Allowance / Loans | 2.51% | 2.39% | 2.30% | 2.21% | 1.94% | 1.87% | 1.81% | 1.78% | -43 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 | 18.40% | 18.79% | 18.47% | 18.80% | 17.30% | 16.34% | 15.80% | 15.66% | -314 bps | |
| Equity / Assets | 14.76% | 15.31% | 15.33% | 15.51% | 14.13% | 14.12% | 13.66% | 13.64% | -186 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 93.34% | 96.93% | 105.24% | 103.75% | 111.25% | 108.80% | 107.99% | 108.04% | +429 bps | |
| Liquid Assets / Assets | 3.55% | 1.68% | 2.03% | 2.34% | 2.28% | 2.29% | 4.22% | 3.29% | +95 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |