Seattle, WA · Cert 34095
FDIC
Q3 2005
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -5.15% | 1.12% | 0.51% | -3.02% | -8.74% | 0.35% | 0.35% | 0.21% | +324 bps | |
| Return on Equity | -53.57% | 12.06% | 5.12% | -29.24% | -89.26% | 3.65% | 3.04% | 1.72% | +3,096 bps | |
| Net Interest Margin | 6.01% | 5.17% | 4.81% | 4.36% | 3.39% | 3.59% | 3.63% | 4.24% | -12 bps | |
| Efficiency Ratio | 46.66% | 63.55% | 79.71% | 69.74% | 104.83% | 87.79% | 87.51% | 68.65% | -109 bps | |
| Non-Interest Burden | 2.74% | 3.11% | 3.75% | 2.82% | 3.57% | 3.08% | 3.07% | 2.60% | -22 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.77% | -4.17% | -6.99% | -18.72% | -22.39% | -21.54% | -33.23% | -20.44% | -172 bps | |
| Loan Growth (YoY) | 1.91% | -2.76% | -15.96% | -34.02% | -48.50% | -53.45% | -51.39% | -42.88% | -886 bps | |
| Deposit Growth (YoY) | 1.47% | -2.13% | -6.02% | -17.33% | -21.29% | -22.36% | -35.39% | -22.26% | -493 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 | 3.10% | 0.04% | 2.31% | 4.36% | 11.65% | 2.93% | 3.46% | 5.20% | +85 bps | |
| Allowance / Loans | 4.47% | 4.85% | 5.18% | 7.60% | 12.81% | 14.06% | 14.92% | 14.12% | +653 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 | 11.30% | 12.12% | 13.63% | 13.58% | 12.31% | 15.92% | 18.71% | 20.46% | +688 bps | |
| Equity / Assets | 8.87% | 9.74% | 10.02% | 10.71% | 8.84% | 10.55% | 12.69% | 12.30% | +159 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 98.21% | 98.72% | 86.09% | 79.49% | 64.26% | 59.19% | 64.76% | 58.41% | -2,108 bps | |
| Liquid Assets / Assets | 5.35% | 5.45% | 8.60% | 9.19% | 10.15% | 9.97% | 12.24% | 10.90% | +170 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |