Olympia, WA · Cert 57167
FDIC · 1 branch
Q3 2024
Market Position · Olympia-Lacey-Tumwater, WA · 2024 SOD (annual) · 1.5% share · #14 of 17 inst. · $0.1B of $5.1B
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 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.50% | 1.55% | 1.19% | 1.27% | 1.51% | +1 bps | |
| Return on Equity | 10.29% | 10.56% | 7.88% | 8.20% | 9.33% | -96 bps | |
| Net Interest Margin | 4.55% | 4.62% | 4.55% | 4.58% | 4.72% | +17 bps | |
| Efficiency Ratio | 59.79% | 59.00% | 67.35% | 63.19% | 61.53% | +175 bps | |
| Non-Interest Burden | 2.67% | 2.67% | 3.03% | 2.85% | 2.86% | +19 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 6.56% | 10.21% | 4.35% | -2.22% | -10.35% | -1,691 bps | |
| Loan Growth (YoY) | 12.66% | 10.32% | 6.15% | 0.07% | -9.82% | -2,248 bps | |
| Deposit Growth (YoY) | 2.51% | 3.24% | 3.72% | -6.25% | -17.71% | -2,021 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | -32 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.75% | 0.75% | 0.76% | 0.79% | 0.72% | -4 bps | |
| Allowance Coverage of NPLs | 2.3x | n/a | n/a | n/a | n/a | n/a | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 14.83% | 15.23% | 15.34% | 16.05% | 17.36% | +252 bps | |
| Total Risk-Based Capital | 19.34% | 19.43% | 20.04% | 20.69% | 23.76% | +441 bps | |
| Equity / Assets | 14.63% | 14.93% | 15.26% | 16.36% | 18.39% | +376 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 109.50% | 114.98% | 110.43% | 115.63% | 120.00% | +1,050 bps | |
| Liquid Assets / Assets | 10.43% | 9.71% | 10.91% | 9.15% | 9.49% | -95 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |