Bellevue, WA · Cert 57955
FDIC · 1 branch
Q4 2017
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2017, the quarter ended December 31, 2017, 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.
Bellevue, WA · Cert 57955
FDIC · 1 branch
Q4 2017
Market Position · Seattle-Tacoma-Bellevue, WA · 2017 SOD (annual) · 0.5% share · #22 of 53 inst. · $0.5B of $105.1B
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 | Q1 2016 | Q2 2016 | Q3 2016 | Q4 2016 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.91% | 0.95% | 0.84% | 0.91% | 1.04% | 1.01% | 0.95% | 0.87% | -4 bps | |
| Return on Equity | 8.21% | 8.43% | 7.53% | 8.26% | 9.92% | 9.60% | 9.00% | 8.17% | -9 bps | |
| Net Interest Margin | 3.42% | 3.58% | 3.37% | 3.20% | 3.56% | 3.52% | 3.58% | 3.54% | +34 bps | |
| Efficiency Ratio | 61.48% | 59.89% | 59.05% | 58.51% | 56.96% | 59.48% | 61.02% | 59.53% | +102 bps | |
| Non-Interest Burden | 2.03% | 2.08% | 1.92% | 1.81% | 1.95% | 2.03% | 2.13% | 2.05% | +24 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 19.58% | 9.83% | 15.15% | 7.92% | 15.78% | 21.41% | 5.89% | 7.09% | -83 bps | |
| Loan Growth (YoY) | 4.68% | 9.24% | 9.71% | 10.59% | 9.72% | 2.51% | 7.45% | 4.02% | -658 bps | |
| Deposit Growth (YoY) | 22.12% | 10.97% | 17.10% | 8.21% | 16.81% | 23.44% | 5.65% | 6.97% | -125 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.11% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.00% | -0.02% | 0.25% | 0.18% | 0.00% | 0.00% | 0.00% | 0.00% | -18 bps | |
| Allowance / Loans | 1.23% | 1.16% | 1.17% | 1.17% | 1.21% | 1.19% | 1.19% | 1.20% | +3 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | 11.0x | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.87% | 11.50% | 10.75% | 10.14% | 10.53% | 10.49% | 10.60% | 10.34% | +20 bps | |
| Total Risk-Based Capital | 14.53% | 13.96% | 13.76% | 13.50% | 13.81% | 13.90% | 13.60% | 13.35% | -15 bps | |
| Equity / Assets | 11.34% | 11.79% | 10.61% | 10.65% | 10.41% | 10.37% | 10.79% | 10.80% | +15 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 79.94% | 88.39% | 78.06% | 81.03% | 75.08% | 73.40% | 79.38% | 78.79% | -224 bps | |
| Liquid Assets / Assets | 12.98% | 5.64% | 12.12% | 5.33% | 11.95% | 13.87% | 8.29% | 9.52% | +419 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |