Port Townsend, WA · Cert 57499
FDIC
Q3 2006
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 | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | Q2 2006 | Q3 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.46% | 1.20% | 1.29% | 1.34% | 1.24% | 0.99% | 0.87% | 0.88% | -46 bps | |
| Return on Equity | 2.61% | 8.36% | 9.39% | 10.07% | 9.43% | 7.63% | 6.77% | 6.88% | -319 bps | |
| Net Interest Margin | 4.85% | 4.83% | 4.94% | 4.93% | 4.92% | 4.93% | 4.98% | 4.62% | -31 bps | |
| Efficiency Ratio | 82.92% | 72.29% | 69.52% | 69.62% | 72.34% | 70.81% | 72.19% | 73.38% | +376 bps | |
| Non-Interest Burden | 4.01% | 3.47% | 3.41% | 3.40% | 3.54% | 3.46% | 3.56% | 3.36% | -4 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 64.36% | 43.78% | 49.06% | 42.67% | 33.71% | 14.00% | 9.58% | 7.88% | -3,479 bps | |
| Loan Growth (YoY) | 91.08% | 49.14% | 60.96% | 29.46% | 14.71% | 24.39% | 22.15% | 16.91% | -1,255 bps | |
| Deposit Growth (YoY) | 72.51% | 48.62% | 54.06% | 45.48% | 43.67% | 14.77% | 9.48% | 7.55% | -3,793 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% | 0.12% | 0.05% | 0.03% | 0.03% | 0.00% | 0.00% | 0.00% | -3 bps | |
| Allowance / Loans | 1.02% | 1.05% | 1.00% | 1.00% | 1.00% | 1.00% | 1.00% | 1.04% | +3 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 | 18.45% | 18.37% | 17.05% | 16.88% | 16.75% | 16.25% | 15.25% | 15.88% | -100 bps | |
| Equity / Assets | 15.17% | 13.63% | 12.57% | 12.19% | 12.68% | 13.29% | 12.64% | 12.36% | +17 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 104.51% | 84.88% | 85.84% | 80.91% | 83.45% | 91.99% | 95.77% | 87.95% | +704 bps | |
| Liquid Assets / Assets | 0.02% | 0.01% | 0.03% | 0.01% | 0.06% | 0.06% | 0.11% | 0.06% | +5 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |