Vancouver, WA · Cert 34959
FDIC
Q4 2008
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 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.65% | 1.51% | 1.53% | 1.32% | 0.32% | 0.49% | 0.32% | -5.49% | -681 bps | |
| Return on Equity | 17.26% | 15.72% | 15.83% | 13.65% | 3.31% | 5.09% | 3.33% | -63.76% | -7,741 bps | |
| Net Interest Margin | 5.17% | 5.00% | 4.81% | 4.66% | 4.13% | 3.86% | 3.58% | 3.17% | -149 bps | |
| Efficiency Ratio | 52.91% | 51.09% | 51.98% | 52.06% | 56.67% | 62.72% | 65.95% | 81.61% | +2,955 bps | |
| Non-Interest Burden | 2.55% | 2.38% | 2.30% | 2.26% | 2.26% | 2.36% | 2.31% | 2.55% | +29 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 16.45% | 25.33% | 23.68% | 22.81% | 23.92% | 24.55% | 21.87% | 9.32% | -1,349 bps | |
| Loan Growth (YoY) | 24.59% | 30.41% | 30.92% | 30.36% | 28.47% | 24.77% | 19.02% | 3.97% | -2,639 bps | |
| Deposit Growth (YoY) | 10.99% | 25.89% | 22.67% | 22.31% | 17.73% | 15.68% | 14.03% | 16.10% | -621 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% | 0.37% | 0.22% | 0.31% | 0.00% | 0.32% | 0.54% | 6.63% | +631 bps | |
| Allowance / Loans | 1.29% | 1.18% | 1.17% | 1.23% | 1.49% | 1.29% | 1.30% | 2.07% | +84 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 | 10.32% | 10.17% | 10.20% | 10.51% | 10.18% | 10.77% | 11.02% | 5.72% | -479 bps | |
| Equity / Assets | 9.68% | 9.69% | 9.71% | 9.83% | 9.39% | 9.87% | 9.59% | 4.38% | -545 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 109.20% | 107.46% | 110.23% | 119.22% | 119.16% | 115.90% | 115.06% | 106.77% | -1,245 bps | |
| Liquid Assets / Assets | 0.04% | 0.06% | 0.01% | 0.01% | 0.01% | 0.04% | 1.12% | 1.71% | +171 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |