Bellevue, WA · Cert 34829
FDIC
Q3 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2005, the quarter ended September 30, 2005, 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.
Bellevue, WA · Cert 34829
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 | 1.10% | 2.21% | 2.03% | 1.80% | 1.68% | 0.92% | 0.93% | 0.99% | -81 bps | |
| Return on Equity | 12.34% | 23.25% | 22.70% | 20.22% | 18.82% | 9.77% | 9.90% | 10.56% | -966 bps | |
| Net Interest Margin | 4.44% | 4.86% | 4.75% | 4.83% | 4.79% | 4.76% | 4.78% | 4.72% | -11 bps | |
| Efficiency Ratio | 90.64% | 76.92% | 77.66% | 76.41% | 75.65% | 74.64% | 73.46% | 71.98% | -444 bps | |
| Non-Interest Burden | 3.98% | 3.63% | 3.58% | 3.58% | 3.52% | 3.44% | 3.39% | 3.28% | -30 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.90% | 7.20% | 12.32% | 6.03% | 5.06% | -2.17% | -0.19% | 5.63% | -41 bps | |
| Loan Growth (YoY) | 6.41% | 16.03% | 11.35% | 14.51% | 14.41% | 8.99% | 16.51% | 15.28% | +76 bps | |
| Deposit Growth (YoY) | -9.91% | -1.09% | 6.71% | 1.99% | 2.73% | -2.42% | -1.84% | 5.68% | +369 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 | -0.18% | -1.73% | -0.93% | -0.62% | -0.46% | 0.02% | 0.32% | 0.21% | +83 bps | |
| Allowance / Loans | 1.91% | 1.92% | 1.69% | 1.67% | 1.53% | 1.52% | 1.26% | 1.27% | -40 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 | 13.02% | 13.28% | 11.66% | 12.13% | 11.67% | 11.94% | 11.41% | 11.67% | -46 bps | |
| Equity / Assets | 9.38% | 9.61% | 7.97% | 8.67% | 9.16% | 9.71% | 9.27% | 9.26% | +59 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 87.31% | 87.84% | 80.60% | 85.74% | 97.24% | 98.11% | 95.67% | 93.52% | +778 bps | |
| Liquid Assets / Assets | 3.25% | 5.75% | 7.76% | 4.45% | 2.97% | 0.28% | 3.51% | 5.04% | +59 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |