Yakima, WA · Cert 34402
FDIC
Q3 2013
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2013, the quarter ended September 30, 2013, 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.
Yakima, WA · Cert 34402
FDIC
Q3 2013
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 2011 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | Q1 2013 | Q2 2013 | Q3 2013 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.07% | 0.31% | 0.56% | 0.53% | 0.49% | 0.35%1 | 0.35% | 0.18% | -35 bps | |
| Return on Equity | -0.81% | 3.66% | 6.34% | 5.88% | 5.45% | 3.95% | 4.13% | 2.08% | -381 bps | |
| Net Interest Margin | 3.32% | 3.35% | 3.87% | 3.87% | 3.80% | 3.72% | 3.99% | 3.81% | -7 bps | |
| Efficiency Ratio | 100.48% | 91.71% | 90.05% | 91.34% | 90.82% | 100.57% | 92.78% | 96.05% | +471 bps | |
| Non-Interest Burden | 3.34% | 3.01% | 3.41% | 3.48% | 3.38% | 3.75% | 3.66% | 3.63% | +16 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.45% | -1.66% | -1.12% | -4.23% | 0.59% | 2.40% | 16.00% | 14.73% | +1,896 bps | |
| Loan Growth (YoY) | -5.18% | -6.15% | 5.52% | 12.21% | 14.32% | 13.10% | 19.82% | 24.24% | +1,203 bps | |
| Deposit Growth (YoY) | 3.02% | -1.79% | -1.50% | -5.01% | 0.29% | 2.37% | 17.83% | 16.52% | +2,153 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 | 0.10% | 0.01% | -0.25% | -0.09% | -0.09% | -0.01% | 0.16% | 0.38% | +47 bps | |
| Allowance / Loans | 1.84% | 1.81% | 1.75% | 1.53% | 1.49% | 1.46% | 1.33% | 1.14% | -39 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 | 13.79% | 13.41% | 13.28% | 12.61% | 12.15% | 12.19% | 11.40% | 10.45% | -215 bps | |
| Equity / Assets | 8.43% | 8.71% | 9.43% | 9.45% | 8.73% | 8.79% | 8.22% | 8.15% | -130 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 69.81% | 72.98% | 80.98% | 83.78% | 79.57% | 80.63% | 82.35% | 89.34% | +555 bps | |
| Liquid Assets / Assets | 28.79% | 24.36% | 16.94% | 14.10% | 18.00% | 19.67% | 15.91% | 9.91% | -419 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |