Seattle, WA · Cert 32489
FDIC · 59 branches
Q2 2025
Market Position · Seattle-Tacoma-Bellevue, WA · 2025 SOD (annual) · 2.3% share · #9 of 45 inst. · $3.2B of $140.9B
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 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -0.10% | -0.10% | -1.45% | 0.05% | 0.04% | +15 bps | |
| Return on Equity | -1.34% | -1.29% | -18.67% | 0.71% | 0.57% | +191 bps | |
| Net Interest Margin | 1.44% | 1.44% | 1.43% | 1.78% | 1.86% | +42 bps | |
| Efficiency Ratio | 106.22% | 107.11% | 218% | 95.28% | 90.90% | -1,531 bps | |
| Non-Interest Burden | 1.60% | 1.61% | 2.57% | 1.71% | 1.67% | +7 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -2.47% | -2.71% | -13.41% | -17.48% | -17.88% | -1,542 bps | |
| Loan Growth (YoY) | -0.77% | -1.34% | -15.99% | -18.30% | -19.22% | -1,844 bps | |
| Deposit Growth (YoY) | -1.92% | -4.47% | -5.15% | -6.25% | -10.45% | -853 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.64% | 0.72% | 1.03% | 1.09% | 1.13% | +49 bps | |
| Net Charge-Offs / Loans | 0.03% | 0.04% | 0.04% | 0.00% | 0.00% | -3 bps | |
| Allowance / Loans | 0.54% | 0.52% | 0.62% | 0.65% | 0.76% | +23 bps | |
| Allowance Coverage of NPLs | 0.8x | 0.7x | 0.6x | 0.6x | 0.7x | -0.2x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 8.44% | 8.59% | 7.30% | 8.46% | 8.74% | +30 bps | |
| Total Risk-Based Capital | 13.29% | 13.41% | 13.02% | 13.40% | 13.66% | +37 bps | |
| Equity / Assets | 7.75% | 8.06% | 7.37% | 7.80% | 8.10% | +34 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 113.14% | 114.24% | 97.27% | 99.97% | 102.06% | -1,108 bps | |
| Liquid Assets / Assets | 2.17% | 2.06% | 4.79% | 2.68% | 2.39% | +22 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |