Grants Pass, OR · Cert 34131
FDIC
Q4 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2003, the quarter ended December 31, 2003, 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.
Grants Pass, OR · Cert 34131
FDIC
Q4 2003
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 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.17% | 1.34% | 1.37% | 1.31% | 1.29% | 1.36% | 1.18% | 0.87% | -44 bps | |
| Return on Equity | 11.77% | 13.29% | 13.65% | 12.98% | 12.52% | 13.07% | 11.22% | 8.12% | -486 bps | |
| Net Interest Margin | 5.22% | 5.48% | 5.24% | 5.09% | 5.06% | 5.07% | 4.89% | 5.08% | 0 bps | |
| Efficiency Ratio | 65.98% | 64.92% | 62.94% | 62.28% | 62.89% | 61.45% | 65.71% | 66.43% | +415 bps | |
| Non-Interest Burden | 3.25% | 3.34% | 3.07% | 2.90% | 2.80% | 2.72% | 2.88% | 3.07% | +17 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -10.62% | -1.79% | 7.32% | 9.47% | 11.29% | 10.85% | 3.03% | -0.69% | -1,016 bps | |
| Loan Growth (YoY) | -0.37% | 2.83% | -0.64% | 3.44% | -0.79% | -2.11% | -2.02% | 0.93% | -251 bps | |
| Deposit Growth (YoY) | -12.64% | -3.43% | 6.49% | 8.64% | 10.93% | 10.66% | 1.96% | -1.52% | -1,016 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 | 0.51% | 0.39% | 0.33% | 0.30% | 0.42% | 0.25% | 0.21% | 0.70% | +40 bps | |
| Allowance / Loans | 1.14% | 1.05% | 1.06% | 1.02% | 1.02% | 1.00% | 0.99% | 0.98% | -4 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 | 13.13% | 12.99% | 12.63% | 13.51% | 14.34% | 14.51% | 15.09% | 14.71% | +120 bps | |
| Equity / Assets | 10.20% | 10.31% | 9.89% | 10.14% | 10.46% | 10.58% | 10.89% | 11.24% | +110 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 89.52% | 90.90% | 82.28% | 83.51% | 80.06% | 80.41% | 79.07% | 85.59% | +208 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |