Seattle, WA · Cert 58305
FDIC · 1 branch
Q3 2017
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2017, the quarter ended September 30, 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.
Seattle, WA · Cert 58305
FDIC · 1 branch
Q3 2017
Market Position · Seattle-Tacoma-Bellevue, WA · 2017 SOD (annual) · 0.0% share · #41 of 53 inst. · $0.1B 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 | Q4 2015 | Q1 2016 | Q2 2016 | Q3 2016 | Q4 2016 | Q1 2017 | Q2 2017 | Q3 2017 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -1.15% | 0.36% | 0.37% | 0.69% | 0.94% | 1.78% | 1.62% | 1.10% | +41 bps | |
| Return on Equity | -10.16% | 3.14% | 3.25% | 5.94% | 8.08% | 14.61% | 13.01% | 8.88% | +294 bps | |
| Net Interest Margin | 3.14% | 3.72% | 3.71% | 3.70% | 3.71% | 3.33% | 3.75% | 3.58% | -12 bps | |
| Efficiency Ratio | 134.24% | 96.86% | 95.49% | 93.98% | 92.89% | 98.93% | 95.36% | 95.94% | +196 bps | |
| Non-Interest Burden | 4.32% | 3.53% | 3.48% | 3.41% | 3.38% | 3.28% | 3.56% | 3.42% | +1 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.36% | -12.17% | 3.36% | -12.16% | 3.14% | 6.29% | -5.61% | 13.61% | +2,578 bps | |
| Loan Growth (YoY) | 6.13% | 8.71% | 10.52% | 8.60% | 17.62% | 15.15% | 10.43% | 10.85% | +225 bps | |
| Deposit Growth (YoY) | 0.99% | -13.31% | -4.18% | -22.25% | -9.09% | -10.83% | -15.13% | 8.22% | +3,047 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.56% | 1.27% | 1.17% | +117 bps | |
| Net Charge-Offs / Loans | 0.71% | 0.81% | 0.41% | 0.26% | 0.16% | 0.01% | 0.00% | 0.00% | -26 bps | |
| Allowance / Loans | 5.11% | 4.94% | 4.79% | 4.33% | 3.59% | 3.19% | 2.90% | 2.78% | -155 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | 2.0x | 2.3x | 2.4x | n/a | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.69% | 11.75% | 11.77% | 11.73% | 11.90% | 12.39% | 12.99% | 12.48% | +75 bps | |
| Total Risk-Based Capital | 15.20% | 15.13% | 15.16% | 14.84% | 14.67% | 15.58% | 16.70% | 15.42% | +58 bps | |
| Equity / Assets | 11.07% | 12.16% | 10.75% | 12.64% | 11.69% | 12.69% | 12.89% | 12.29% | -35 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 87.99% | 95.83% | 91.80% | 113.67% | 113.84% | 123.75% | 119.45% | 116.44% | +276 bps | |
| Liquid Assets / Assets | 6.62% | 3.13% | 15.15% | 0.34% | 2.18% | 1.74% | 3.18% | 4.49% | +415 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |