Seattle, WA · Cert 33618
FDIC
Q3 2011
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2011, the quarter ended September 30, 2011, 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.
Seattle, WA · Cert 33618
FDIC
Q3 2011
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 | Q3 2010 | Q4 2010 | Q1 2011 | Q2 2011 | Q3 2011 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -2.08% | -1.85% | -1.14% | -1.83% | -1.94% | +13 bps | |
| Return on Equity | -33.41% | -29.87% | -18.98% | -31.18% | -33.78% | -36 bps | |
| Net Interest Margin | 3.44% | 3.76% | 3.40% | 3.59% | 3.78% | +33 bps | |
| Efficiency Ratio | 88.59% | 97.63% | 76.00% | 91.72% | 97.29% | +869 bps | |
| Non-Interest Burden | 3.05% | 3.68% | 2.25% | 3.27% | 3.67% | +62 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -25.36% | -26.47% | -21.77% | -22.36% | -17.89% | +747 bps | |
| Loan Growth (YoY) | -24.63% | -22.18% | -24.06% | -19.08% | -20.80% | +383 bps | |
| Deposit Growth (YoY) | -21.75% | -26.72% | -21.20% | -20.22% | -17.31% | +444 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 3.80% | 3.75% | 3.18% | 3.09% | 3.22% | -58 bps | |
| Allowance / Loans | 3.08% | 2.68% | 2.84% | 2.90% | 3.06% | -2 bps | |
| Allowance Coverage of NPLs | 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 |
| Total Risk-Based Capital | 8.23% | 8.26% | 8.69% | 8.17% | 8.10% | -12 bps | |
| Equity / Assets | 6.07% | 6.14% | 5.85% | 5.61% | 5.35% | -72 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 82.58% | 85.84% | 80.09% | 82.44% | 79.10% | -348 bps | |
| Liquid Assets / Assets | 6.52% | 13.57% | 16.71% | 11.10% | 14.55% | +803 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |