Tacoma, WA · Cert 34411
FDIC
Q3 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2010, the quarter ended September 30, 2010, 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.
Tacoma, WA · Cert 34411
FDIC
Q3 2010
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 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.80% | 0.53% | -1.78% | -6.18% | -7.34% | -1.17% | -6.26% | -4.49% | +169 bps | |
| Return on Equity | 8.43% | 5.22% | -18.01% | -68.21% | -92.03% | -29.75% | -188.04% | -147.84% | -7,964 bps | |
| Net Interest Margin | 3.35% | 3.11% | 3.18% | 3.31% | 3.12% | 2.69% | 2.73% | 3.02% | -29 bps | |
| Efficiency Ratio | 86.11% | 85.34% | 95.42% | 114.26% | 174.05% | 141.55% | 132.26% | 127.76% | +1,349 bps | |
| Non-Interest Burden | 1.86% | 1.84% | 2.79% | 4.40% | 7.70% | 3.86% | 3.63% | 3.88% | -52 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.14% | 4.57% | 4.43% | -4.48% | 0.10% | -7.54% | -14.79% | -14.52% | -1,004 bps | |
| Loan Growth (YoY) | 11.34% | 2.66% | -2.77% | -14.32% | -19.16% | -21.10% | -24.33% | -15.98% | -166 bps | |
| Deposit Growth (YoY) | 7.67% | 4.39% | 3.50% | -1.06% | -1.26% | -9.32% | -13.95% | -18.02% | -1,696 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 | 0.25% | 0.63% | 1.64% | 4.94% | 3.91% | 3.12% | 3.60% | 2.47% | -247 bps | |
| Allowance / Loans | 1.26% | 1.26% | 2.36% | 3.96% | 4.07% | 3.50% | 5.01% | 5.00% | +104 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 | 11.95% | 14.10% | 12.95% | 8.84% | 4.81% | 5.93% | 4.29% | 4.13% | -471 bps | |
| Equity / Assets | 9.50% | 10.64% | 9.54% | 6.39% | 3.53% | 4.34% | 2.02% | 2.05% | -434 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 105.04% | 96.31% | 93.31% | 86.52% | 86.00% | 83.79% | 82.04% | 88.67% | +214 bps | |
| Liquid Assets / Assets | 0.02% | 0.02% | 0.04% | 15.76% | 19.78% | 21.98% | 23.60% | 14.80% | -97 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |