Seattle, WA · Charter 66828
Q3 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2003, the quarter ended September 30, 2003, 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 · Charter 66828
Q3 2003
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 | Q2 2001 | Q4 2001 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.46% | -0.01% | 0.03% | -0.21% | -0.84% | -0.71% | -0.94% | -1.25% | -104 bps | |
| Return on Equity | 4.72% | -0.13% | 0.34% | -2.35% | -9.76% | -9.05% | -12.21% | -17.07% | -1,472 bps | |
| Net Interest Margin | 4.34% | 4.03% | 4.04% | 4.06% | 4.17% | 3.70% | 3.73% | 3.81% | -25 bps | |
| Efficiency Ratio | 89.34% | 97.70% | 92.30% | 98.16% | 110.80% | 113.79% | 107.47% | 109.82% | +1,166 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.99% | 2.78% | 3.48% | 5.78% | 1.11% | 4.19% | 3.76% | 0.56% | -522 bps | |
| Loan Growth (YoY) | 6.85% | -6.84% | -18.11% | -21.89% | -21.40% | -11.72% | -7.08% | -6.69% | +1,520 bps | |
| Share Growth (YoY) | -2.45% | 2.07% | 3.38% | 7.04% | 2.57% | 6.04% | 4.98% | 2.85% | -419 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 1.18% | 1.39% | 1.32% | 0.49% | 0.07% | 0.26% | 0.09% | 0.02% | -47 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.53% | 1.46% | 1.44% | 1.44% | 1.03% | 0.85% | 1.02% | 1.19% | -24 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 9.83% | 9.19% | 9.28% | 8.99% | 8.56% | 7.86% | 7.66% | 7.34% | -164 bps | |
| Net Worth / Assets | 9.83% | 9.19% | 9.28% | 8.99% | 8.56% | 7.86% | 7.66% | 7.34% | -164 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 64.86% | 56.36% | 52.02% | 50.12% | 49.70% | 46.92% | 46.04% | 45.47% | -465 bps | |
| Liquid Assets / Assets | 27.42% | 35.35% | 30.19% | 22.71% | 29.24% | 26.53% | 116.37% | 17.83% | -488 bps | |