Seattle, WA · Cert 57204
FDIC
Q1 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2010, the quarter ended March 31, 2010, 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.
Seattle, WA · Cert 57204
FDIC
Q1 2010
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 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 27.24% | 17.90% | 15.01% | 5.67% | 3.97% | 1.93% | 1.48% | -3.16% | -883 bps | |
| Return on Equity | 37.87% | 23.77% | 19.51% | 6.57% | 4.59% | 2.24% | 1.71% | -3.42% | -999 bps | |
| Net Interest Margin | 2.81% | 2.85% | 2.64% | 1.58% | 1.65% | 1.48% | 1.39% | 1.40% | -18 bps | |
| Efficiency Ratio | 39.42% | 40.16% | 41.19% | 80.92% | 81.44% | 91.28% | 93.37% | 111.01% | +3,009 bps | |
| Non-Interest Burden | -45.53% | -33.06% | -31.30% | -5.18% | -5.29% | -1.85% | -1.18% | 6.99% | +1,217 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 14.90% | 5.90% | 0.70% | -8.99% | -10.99% | 5.68% | -5.18% | -7.59% | +140 bps | |
| Loan Growth (YoY) | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Deposit Growth (YoY) | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| 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 | 155.07% | 239% | 103.60% | 126.72% | 164.95% | 179.49% | 162.38% | 135.74% | +902 bps | |
| Equity / Assets | 74.77% | 86.51% | 83.68% | 88.94% | 86.99% | 84.82% | 89.78% | 95.50% | +656 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Liquid Assets / Assets | 61.51% | 79.02% | 23.30% | 36.49% | 69.00% | 74.07% | 81.03% | 73.15% | +3,666 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |