Salem, OR · Cert 33313
FDIC
Q3 2007
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2007, the quarter ended September 30, 2007, 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.
Salem, OR · Cert 33313
FDIC
Q3 2007
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 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.29% | 2.45% | 2.44% | 2.41% | 2.47% | 2.50% | 2.40% | 2.34% | -7 bps | |
| Return on Equity | 16.39% | 19.82% | 19.88% | 19.70% | 20.25% | 20.28% | 19.09% | 18.23% | -146 bps | |
| Net Interest Margin | 5.31% | 5.68% | 5.55% | 5.23% | 5.13% | 5.12% | 5.01% | 4.85% | -38 bps | |
| Efficiency Ratio | 24.78% | 24.40% | 23.66% | 23.22% | 23.11% | 22.01% | 23.15% | 24.23% | +101 bps | |
| Non-Interest Burden | 1.23% | 1.33% | 1.26% | 1.16% | 1.10% | 1.03% | 1.07% | 1.09% | -8 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 18.24% | 14.65% | 18.94% | 17.36% | 18.92% | 19.73% | 9.69% | 4.91% | -1,245 bps | |
| Loan Growth (YoY) | 20.13% | 18.30% | 24.29% | 27.58% | 22.04% | 18.59% | 12.00% | 6.93% | -2,064 bps | |
| Deposit Growth (YoY) | 23.61% | 17.43% | 17.62% | 16.50% | 18.72% | 22.61% | 10.42% | 0.24% | -1,626 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 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.53% | 1.54% | 1.54% | 1.55% | 1.60% | 1.60% | 1.56% | 1.55% | 0 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 | 13.94% | 14.11% | 13.73% | 13.61% | 13.67% | 14.18% | 14.50% | 15.00% | +139 bps | |
| Equity / Assets | 12.19% | 12.52% | 12.10% | 12.14% | 12.17% | 12.45% | 13.08% | 13.61% | +147 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 102.14% | 107.83% | 108.55% | 108.01% | 104.99% | 104.30% | 110.11% | 115.23% | +722 bps | |
| Liquid Assets / Assets | 0.11% | 0.10% | 0.45% | 0.63% | 1.50% | 1.94% | 0.00% | 0.00% | -63 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |