PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Today's Bank

Vancouver, WA · Cert 34960

FDIC

Q2 2003

$114.7MAssets
$87.3MLoans
$104.6MDeposits
$7.8MEquity
Deposit mix
93%Interest-bearing $97.2M7%Noninterest $7.4MQ2 2002Q2 2003

NIM

8.15%Q2 ’016.47%Q2 ’026.23%Q2 ’03-9%-4%

Non-interest income vs. expense

4.07%Q2 ’012.99%Q2 ’024.43%Q2 ’03-27%+50%

Executive Summary

  • Earnings: ROA of -1.47%, down 166 bps year over year; NIM at 3.38%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 2.64%.
  • Funding: loans stand at 83.42% of deposits as of Q2 2003.

Financial Results

Return on Assets (YTD, annualized)

-1.47%-166 bps YoY

Net Interest Margin (YTD, annualized)

3.38%-16 bps YoY

Efficiency Ratio (YTD, annualized)

122.25%+4,234 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2002Q3 2002Q4 2002Q1 2003Q2 2003YoY ΔTrend
Earnings
Return on Assets0.19%-1.47%-1.49%0.39%-1.47%-166 bps
Return on Equity2.33%-17.87%-18.63%5.37%-20.74%-2,307 bps
Net Interest Margin3.53%3.39%3.33%3.13%3.38%-16 bps
Efficiency Ratio79.91%79.23%77.61%85.10%122.25%+4,234 bps
Non-Interest Burden2.78%2.64%2.52%2.63%4.18%+140 bps
Growth
Asset Growth (YoY)124.42%67.77%50.61%28.51%4.59%-11,983 bps
Loan Growth (YoY)120.96%80.08%45.46%20.94%1.00%-11,996 bps
Deposit Growth (YoY)135.17%73.33%52.10%31.68%7.97%-12,720 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.14%1.54%1.15%3.94%2.64%+250 bps
Allowance / Loans1.17%2.27%3.21%2.36%3.16%+199 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 Capital11.68%9.91%9.06%9.69%8.26%-342 bps
Equity / Assets9.24%8.27%7.09%7.35%6.79%-245 bps
Liquidity & Funding
Loans / Deposits89.18%94.76%84.16%82.39%83.42%-576 bps
Liquid Assets / Assets3.44%3.78%0.00%6.13%10.36%+692 bps
CRE / Total Capitaln/an/an/an/an/an/an/a