Silverton, OR · Cert 35399
FDIC
Q4 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2008, the quarter ended December 31, 2008, 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.
Silverton, OR · Cert 35399
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 | 1.81% | 1.78% | 1.77% | 1.67% | -1.04% | -0.43% | -2.77% | -6.41% | -808 bps | |
| Return on Equity | 18.71% | 19.15% | 19.35% | 18.44% | -12.45% | -5.24% | -36.10% | -96.77% | -11,520 bps | |
| Net Interest Margin | 6.20% | 6.11% | 5.61% | 5.21% | 4.82% | 4.50% | 4.02% | 3.71% | -150 bps | |
| Efficiency Ratio | 46.88% | 44.15% | 44.67% | 46.48% | 57.57% | 56.98% | 67.97% | 83.73% | +3,725 bps | |
| Non-Interest Burden | 2.77% | 2.55% | 2.37% | 2.29% | 2.67% | 2.47% | 2.65% | 3.05% | +76 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 32.93% | 49.34% | 43.96% | 39.73% | 31.29% | 19.09% | 12.28% | -3.60% | -4,333 bps | |
| Loan Growth (YoY) | 42.85% | 68.61% | 51.15% | 41.81% | 31.60% | 18.28% | 3.76% | -13.10% | -5,492 bps | |
| Deposit Growth (YoY) | 30.07% | 33.77% | 31.81% | 35.57% | 27.70% | 26.21% | 20.52% | 5.82% | -2,975 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 | 0.00% | 0.00% | 0.00% | 0.17% | 0.67% | 1.04% | 3.41% | 4.84% | +467 bps | |
| Allowance / Loans | 1.11% | 1.20% | 1.22% | 1.17% | 1.65% | 1.70% | 3.70% | 6.77% | +560 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 | 10.70% | 10.01% | 10.52% | 10.22% | 9.66% | 9.27% | 8.11% | 3.87% | -634 bps | |
| Equity / Assets | 9.44% | 8.70% | 8.81% | 8.62% | 8.10% | 7.84% | 6.15% | 2.15% | -647 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 111.71% | 123.01% | 122.18% | 119.67% | 115.12% | 115.28% | 105.20% | 98.27% | -2,140 bps | |
| Liquid Assets / Assets | 0.23% | 0.20% | 0.14% | 0.17% | 0.37% | 0.36% | 0.16% | 0.18% | +1 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |