Issaquah, WA · Cert 58620
FDIC
Q2 2011
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2011, the quarter ended June 30, 2011, 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.
Issaquah, WA · Cert 58620
FDIC
Q2 2011
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 | Q3 2009 | Q4 2009 | Q1 2010 | Q2 2010 | Q3 2010 | Q4 2010 | Q1 2011 | Q2 2011 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -4.69% | -4.30% | -3.00% | -1.80% | -1.13% | -1.08% | 0.22% | -0.65% | +116 bps | |
| Return on Equity | -26.07% | -24.93% | -29.52% | -18.17% | -11.31% | -10.76% | 2.14% | -6.31% | +1,186 bps | |
| Net Interest Margin | 3.49% | 3.69% | 3.38% | 3.48% | 3.65% | 3.81% | 4.06% | 4.03% | +55 bps | |
| Efficiency Ratio | 123.22% | 116.27% | 123.72% | 123.27% | 115.20% | 112.42% | 94.66% | 117.45% | -582 bps | |
| Non-Interest Burden | 4.43% | 4.39% | 4.22% | 4.32% | 4.23% | 4.31% | 3.84% | 4.67% | +35 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 48.65% | 1.87% | 373% | 326% | 340% | 287% | -14.28% | -8.47% | -33,419 bps | |
| Loan Growth (YoY) | 47.10% | 18.42% | 391% | 333% | 310% | 309% | -10.34% | -6.17% | -33,931 bps | |
| Deposit Growth (YoY) | 78.56% | 7.71% | 414% | 354% | 359% | 292% | -15.12% | -8.68% | -36,226 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 | 0.48% | 1.77% | 0.87% | 0.61% | 1.47% | 1.28% | 0.00% | 0.18% | -43 bps | |
| Allowance / Loans | 2.41% | 2.02% | 3.75% | 4.04% | 3.31% | 3.35% | 3.38% | 3.44% | -60 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 | 22.96% | 22.01% | 13.98% | 14.45% | 14.70% | 14.52% | 14.69% | 14.81% | +37 bps | |
| Equity / Assets | 16.31% | 14.40% | 9.24% | 9.59% | 10.03% | 10.38% | 10.38% | 9.92% | +34 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 99.19% | 90.81% | 88.05% | 85.50% | 88.68% | 94.66% | 93.01% | 87.85% | +235 bps | |
| Liquid Assets / Assets | 14.21% | 19.50% | 20.77% | 19.60% | 19.08% | 15.61% | 15.60% | 18.41% | -119 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |