E. Wenatchee, WA · Charter 61215
Q1 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2004, the quarter ended March 31, 2004, 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.
E. Wenatchee, WA · Charter 61215
Q1 2004
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.95% | 1.41% | 1.21% | 1.89% | -0.20% | -115 bps | |
| Return on Equity | 4.62% | 6.31% | 5.69% | 8.11% | -1.25% | -586 bps | |
| Net Interest Margin | 6.71% | 6.13% | 5.86% | 6.84% | 5.71% | -100 bps | |
| Efficiency Ratio | 86.40% | 78.33% | 80.52% | 73.87% | 101.51% | +1,511 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 26.49% | 14.00% | 15.36% | 3.16% | 12.99% | -1,350 bps | |
| Loan Growth (YoY) | -1.17% | 5.83% | 14.91% | 14.04% | 11.61% | +1,277 bps | |
| Share Growth (YoY) | 31.83% | 16.40% | 17.55% | 1.55% | 19.24% | -1,259 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.00% | 0.00% | 0.00% | 15.48% | 4.08% | +408 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.77% | 0.00% | 1.11% | 1.15% | 2.72% | +95 bps | |
| Capital | |||||||
| Risk-Based Capital | 20.57% | 22.29% | 21.28% | 23.29% | 16.27% | -430 bps | |
| Net Worth / Assets | 20.57% | 22.29% | 21.28% | 23.29% | 16.27% | -430 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 83.53% | 106.36% | 105.99% | 109.81% | 78.18% | -535 bps | |
| Liquid Assets / Assets | 33.47% | 15.03% | 16.17% | 16.08% | 0.00% | -3,347 bps | |