Issaquah, WA · Cert 33783
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 | 1.32% | 1.32% | 1.28% | 1.55% | 1.28% | 1.22% | 1.23% | 0.79% | -76 bps | |
| Return on Equity | 16.12% | 16.05% | 15.38% | 18.39% | 15.37% | 14.80% | 14.55% | 8.80% | -959 bps | |
| Net Interest Margin | 4.71% | 4.48% | 4.24% | 4.22% | 4.11% | 3.88% | 4.09% | 4.36% | +14 bps | |
| Efficiency Ratio | 55.93% | 56.50% | 57.70% | 59.61% | 57.88% | 58.33% | 58.53% | 74.05% | +1,444 bps | |
| Non-Interest Burden | 2.44% | 2.34% | 2.26% | 2.34% | 2.21% | 2.11% | 2.23% | 3.14% | +80 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -8.03% | 11.83% | 15.09% | 29.66% | 31.31% | 25.15% | 5.42% | 0.41% | -2,924 bps | |
| Loan Growth (YoY) | 11.74% | 18.26% | 12.75% | 10.51% | 14.95% | 7.43% | 14.00% | 17.10% | +659 bps | |
| Deposit Growth (YoY) | -10.10% | 16.27% | 16.90% | 28.75% | 28.35% | 17.29% | -3.47% | -3.03% | -3,179 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 | 0.75% | 0.64% | 0.51% | 0.05% | 0.15% | 0.02% | 0.08% | 0.00% | -5 bps | |
| Allowance / Loans | 1.60% | 1.61% | 1.63% | 1.61% | 1.66% | 1.72% | 1.57% | 1.45% | -16 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 | 11.62% | 11.52% | 12.50% | 12.43% | 12.36% | 12.63% | 12.89% | 11.78% | -64 bps | |
| Equity / Assets | 8.53% | 8.38% | 8.62% | 8.24% | 8.15% | 8.14% | 9.12% | 8.77% | +52 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 81.42% | 78.99% | 71.91% | 74.74% | 72.92% | 72.35% | 84.92% | 90.26% | +1,552 bps | |
| Liquid Assets / Assets | 2.87% | 6.63% | 5.51% | 16.03% | 10.16% | 12.37% | 4.39% | 3.33% | -1,270 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |