PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Bank of the Northwest

Portland, OR · Cert 34247

FDIC

Q3 2002

$385.4MAssets
$247.3MLoans
$300.7MDeposits
$29.5MEquity
Loan mix
45%RE $53.5M52%C&I $61.6M4%Consumer $4.3MQ3 2001Q3 2002
Deposit mix
68%Interest-bearing $204.7M32%Noninterest $96.0MQ3 2001Q3 2002

NIM

8.28%Q1 ’017.32%Q3 ’015.64%Q3 ’02-5%-5%

Non-interest income vs. expense

3.04%Q1 ’012.84%Q3 ’012.54%Q3 ’02-6%-16%

Executive Summary

  • Earnings: ROA of 1.20%, up 22 bps year over year; NIM at 4.03%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.05%.
  • Funding: loans stand at 82.24% of deposits as of Q3 2002.

Financial Results

Return on Assets (YTD, annualized)

1.20%+22 bps YoY

Net Interest Margin (YTD, annualized)

4.03%-20 bps YoY

Efficiency Ratio (YTD, annualized)

57.13%-525 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2001Q4 2001Q1 2002Q2 2002Q3 2002YoY ΔTrend
Earnings
Return on Assets0.98%1.03%1.13%1.17%1.20%+22 bps
Return on Equityn/an/a15.18%15.53%15.89%n/a
Net Interest Margin4.22%4.01%4.44%4.27%4.03%-20 bps
Efficiency Ratio62.39%60.74%58.02%57.94%57.13%-525 bps
Non-Interest Burden2.51%2.31%2.40%2.29%2.12%-39 bps
Growth
Asset Growth (YoY)34.56%30.12%31.59%21.17%24.78%-979 bps
Loan Growth (YoY)39.61%24.76%25.03%20.92%20.43%-1,918 bps
Deposit Growth (YoY)16.78%22.55%24.73%18.71%31.05%+1,426 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.07%0.05%+5 bps
Allowance / Loans1.36%1.40%1.40%1.37%1.36%0 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 Capital11.03%11.12%10.94%11.09%11.08%+5 bps
Equity / Assets7.83%7.56%7.33%7.75%7.66%-18 bps
Liquidity & Funding
Loans / Deposits89.48%89.44%90.77%90.09%82.24%-725 bps
Liquid Assets / Assets1.28%2.23%2.14%2.04%2.15%+86 bps
CRE / Total Capitaln/an/an/an/an/an/an/a