PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Compass Community Bank

Seaside, OR · Cert 58660

FDIC · 2 branches

Q1 2019

$98.3MAssets
$60.7MLoans
$86.3MDeposits
$11.9MEquity
Loan mix
72%RE $30.7M27%C&I $11.6M0%Consumer $0.2MQ2 2017Q1 2019
Deposit mix
60%Interest-bearing $52.1M40%Noninterest $34.2MQ2 2017Q1 2019

Executive Summary

  • Earnings: ROA of 1.19%, up 33 bps year over year; NIM at 3.86%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 12.40%, up 67 bps from a year ago.
  • Funding: loans stand at 70.28% of deposits as of Q1 2019.

Return on Assets (YTD, annualized)

1.19%+33 bps YoY

Net Interest Margin (YTD, annualized)

3.86%+6 bps YoY

Efficiency Ratio (YTD, annualized)

65.57%-774 bps YoY

Tier 1 Leverage Ratio

12.40%+67 bps YoY

NIM

3.92%Q1 ’173.95%Q1 ’184.04%Q1 ’19+1%+1%

Non-interest income vs. expense

3.23%Q1 ’173.02%Q1 ’182.69%Q1 ’19-5%-9%

Year to date, annualized, through each quarter.

MetricQ2 2017Q3 2017Q4 2017Q1 2018Q2 2018Q3 2018Q4 2018Q1 2019YoY ΔTrend
Earnings
Return on Assets0.65%0.68%0.42%0.86%0.91%0.86%1.03%1.19%+33 bps
Return on Equity5.44%5.80%3.60%7.57%8.00%7.70%9.05%9.93%+237 bps
Net Interest Margin3.75%3.68%3.65%3.80%3.84%3.66%3.55%3.86%+6 bps
Efficiency Ratio76.05%74.28%74.57%73.30%70.73%71.54%69.38%65.57%-774 bps
Non-Interest Burden2.74%2.62%2.62%2.69%2.61%2.53%2.38%2.44%-24 bps
Growth
Asset Growth (YoY)5.39%8.20%5.15%3.31%7.28%7.55%5.73%8.90%+559 bps
Loan Growth (YoY)6.84%10.68%12.25%6.86%4.41%-0.71%-8.76%0.35%-651 bps
Deposit Growth (YoY)4.67%8.86%7.15%9.39%9.19%8.06%7.06%8.32%-107 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.01%-0.01%-0.01%0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.08%1.07%1.04%1.06%1.07%1.08%0.96%0.89%-17 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio11.71%11.15%11.12%11.73%11.77%11.59%11.44%12.40%+67 bps
Total Risk-Based Capital15.99%15.49%15.65%16.08%16.61%17.00%18.64%18.61%+253 bps
Equity / Assets12.19%11.13%11.37%11.48%11.30%10.69%11.99%12.06%+57 bps
Liquidity & Funding
Loans / Deposits76.06%71.34%78.69%75.86%72.73%65.55%67.07%70.28%-558 bps
Liquid Assets / Assets1.36%8.29%2.07%3.52%6.10%10.64%5.93%8.80%+529 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a