Shoreline, WA · Cert 35250
FDIC
Q3 2010
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -9.04% | -2.55% | -12.59% | -4.45% | -11.11% | -4.01% | -8.29% | -3.01% | +144 bps | |
| Return on Equity | -92.84% | -26.90% | -141.89% | -62.28% | -199.77% | -100.98% | -307% | -203% | -14,066 bps | |
| Net Interest Margin | 3.27% | 3.05% | 3.09% | 2.62% | 2.42% | 2.69% | 2.59% | 2.84% | +22 bps | |
| Efficiency Ratio | 117.04% | 119.56% | 134.83% | 150.49% | 210% | 850% | 279% | 208% | +5,736 bps | |
| Non-Interest Burden | 3.86% | 3.67% | 4.20% | 4.01% | 4.83% | 6.71% | 5.62% | 5.91% | +190 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.66% | 4.64% | 1.83% | -4.48% | -8.30% | -18.02% | -21.45% | -27.02% | -2,254 bps | |
| Loan Growth (YoY) | 1.73% | 0.19% | -8.33% | -15.42% | -26.24% | -31.84% | -28.78% | -31.92% | -1,650 bps | |
| Deposit Growth (YoY) | 13.13% | 8.48% | 6.34% | 1.98% | 0.92% | -7.92% | -12.72% | -20.19% | -2,217 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 | 4.61% | 0.50% | 15.91% | 1.95% | 16.13% | 7.78% | 2.24% | 0.70% | -125 bps | |
| Allowance / Loans | 4.05% | 4.55% | 4.65% | 5.66% | 5.75% | 4.35% | 5.86% | 6.35% | +70 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 | 10.64% | 13.01% | 10.53% | 9.74% | 7.00% | 5.81% | 3.41% | 2.60% | -714 bps | |
| Equity / Assets | 8.75% | 10.19% | 7.53% | 6.74% | 4.30% | 3.63% | 1.72% | 1.22% | -553 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 101.54% | 98.97% | 89.45% | 84.89% | 74.22% | 73.26% | 72.99% | 72.42% | -1,248 bps | |
| Liquid Assets / Assets | 3.43% | 9.72% | 11.73% | 13.54% | 15.64% | 12.50% | 11.61% | 8.84% | -471 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |