Everett, WA · Cert 58337
FDIC
Q4 2009
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 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -2.65% | -2.52% | -3.39% | -6.09% | -5.98% | -333 bps | |
| Return on Equity | -14.46% | -18.62% | -26.19% | -50.54% | -53.16% | -3,870 bps | |
| Net Interest Margin | 2.75% | 3.04% | 3.21% | 3.30% | 3.38% | +63 bps | |
| Efficiency Ratio | 152.81% | 125.60% | 117.46% | 115.10% | 116.92% | -3,589 bps | |
| Non-Interest Burden | 4.33% | 3.90% | 3.82% | 3.84% | 4.00% | -33 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 54.62% | 32.25% | 37.77% | 12.23% | -1.96% | -5,658 bps | |
| Loan Growth (YoY) | 39.66% | 28.12% | 30.21% | 17.51% | 6.59% | -3,307 bps | |
| Deposit Growth (YoY) | 77.07% | 44.58% | 51.04% | 21.27% | 4.55% | -7,252 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 1.48% | 0.16% | 0.80% | 0.62% | 0.60% | -88 bps | |
| Allowance / Loans | 2.03% | 2.83% | 4.12% | 3.16% | 4.66% | +263 bps | |
| Allowance Coverage of NPLs | 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 |
| Total Risk-Based Capital | 15.56% | 13.87% | 11.73% | 12.61% | 11.58% | -398 bps | |
| Equity / Assets | 13.80% | 13.21% | 11.83% | 9.33% | 7.99% | -581 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 87.79% | 91.54% | 93.72% | 94.30% | 89.50% | +171 bps | |
| Liquid Assets / Assets | 19.28% | 17.27% | 14.17% | 13.61% | 17.70% | -157 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |