Seattle, WA · Cert 34095
FDIC
Q3 2005
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 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.66% | 1.12% | 0.82% | -0.38% | -2.24% | 0.35% | 0.35% | 0.31% | +69 bps | |
| Return on Equity | -6.68% | 12.06% | 8.57% | -3.91% | -23.26% | 3.65% | 3.36% | 2.81% | +672 bps | |
| Net Interest Margin | 5.26% | 5.17% | 5.18% | 5.21% | 5.20% | 3.59% | 3.76% | 4.08% | -113 bps | |
| Efficiency Ratio | 56.21% | 63.55% | 71.04% | 70.66% | 76.25% | 87.79% | 87.65% | 80.96% | +1,030 bps | |
| Non-Interest Burden | 2.78% | 3.11% | 3.54% | 3.51% | 3.82% | 3.08% | 3.21% | 3.14% | -37 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 | 1.85% | 0.04% | 1.18% | 2.44% | 5.20% | 2.93% | 3.37% | 4.13% | +169 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 |