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Westside Community Bank

University Place, WA · Cert 33997

FDIC

Q4 2012

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2012, the quarter ended December 31, 2012, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Westside Community Bank

University Place, WA · Cert 33997

FDIC

Q4 2012

$91.9MAssets
$67.4MLoans
$91.9MDeposits
$34KEquity
Loan mix
71%RE $28.2M27%C&I $10.7M1%Consumer $0.6MQ4 2011Q4 2012
Deposit mix
93%Interest-bearing $85.8M7%Noninterest $6.1MQ4 2011Q4 2012

NIM

4.70%Q4 ’104.27%Q4 ’114.35%Q4 ’12+3%+7%

Non-interest income vs. expense

3.18%Q4 ’104.02%Q4 ’115.16%Q4 ’12+24%+76%

Executive Summary

  • Earnings: ROA of -6.09%, down 318 bps year over year; NIM at 3.49%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 7.31%.
  • Funding: loans stand at 73.32% of deposits as of Q4 2012.

Financial Results

Return on Assets (YTD, annualized)

-6.09%-318 bps YoY

Net Interest Margin (YTD, annualized)

3.49%+24 bps YoY

Efficiency Ratio (YTD, annualized)

231%+12,015 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2011Q1 2012Q2 2012Q3 2012Q4 2012YoY ΔTrend
Earnings
Return on Assets-2.91%-4.41%-6.29%-6.63%-6.09%-318 bps
Return on Equity-44.57%-87.46%-144.98%-184.16%-205%-16,011 bps
Net Interest Margin3.26%3.47%3.49%3.44%3.49%+24 bps
Efficiency Ratio110.43%128.47%230%245%231%+12,015 bps
Non-Interest Burden3.64%4.60%5.78%5.95%6.41%+278 bps
Growth
Asset Growth (YoY)-20.87%-20.39%-24.47%-27.44%-21.34%-47 bps
Loan Growth (YoY)-20.78%-21.46%-24.19%-26.62%-27.66%-688 bps
Deposit Growth (YoY)-19.20%-17.44%-20.65%-23.23%-16.73%+248 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans4.38%7.52%7.98%8.36%7.31%+293 bps
Allowance / Loans3.72%3.26%3.41%3.47%3.18%-54 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital7.31%6.27%4.33%2.37%0.08%-723 bps
Equity / Assets5.52%4.55%2.78%1.07%0.04%-549 bps
Liquidity & Funding
Loans / Deposits84.41%79.53%75.97%73.63%73.32%-1,109 bps
Liquid Assets / Assets0.83%0.02%0.02%0.02%0.02%-81 bps
CRE / Total Capitaln/an/an/an/an/an/an/a