Bellingham, WA · Charter 67926
Q3 2015
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2015, the quarter ended September 30, 2015, 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.
Bellingham, WA · Charter 67926
Q3 2015
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 | Q4 2013 | Q1 2014 | Q2 2014 | Q3 2014 | Q4 2014 | Q1 2015 | Q2 2015 | Q3 2015 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.15% | -0.19% | -0.14% | -0.05% | -0.05% | -0.32% | -0.23% | -0.06% | -1 bps | |
| Return on Equity | -1.29% | -1.63% | -1.27% | -0.41% | -0.40% | -2.91% | -2.08% | -0.53% | -12 bps | |
| Net Interest Margin | 2.58% | 2.40% | 2.45% | 2.53% | 2.56% | 2.46% | 2.52% | 2.56% | +3 bps | |
| Efficiency Ratio | 104.98% | 105.62% | 104.29% | 100.54% | 100.54% | 106.52% | 104.49% | 99.99% | -55 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.71% | -0.88% | 0.55% | 1.70% | 3.68% | 3.20% | 1.42% | 2.99% | +129 bps | |
| Loan Growth (YoY) | 21.88% | 17.84% | -3.23% | 3.48% | 3.06% | 1.67% | -0.69% | -6.90% | -1,038 bps | |
| Share Growth (YoY) | 2.35% | 0.55% | 0.97% | 1.31% | 3.51% | 3.64% | 1.75% | 5.12% | +382 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.15% | 0.06% | 0.25% | 0.63% | 0.46% | 0.03% | 2.44% | 2.44% | +182 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 | 0.25% | 0.26% | 0.26% | 0.30% | 0.28% | 0.25% | 0.29% | 0.27% | -3 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 11.97% | 11.33% | 11.30% | 11.49% | 11.50% | 10.90% | 11.05% | 11.10% | -39 bps | |
| Net Worth / Assets | 11.97% | 11.33% | 11.30% | 11.49% | 11.50% | 10.90% | 11.05% | 11.10% | -39 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 49.56% | 46.40% | 46.98% | 49.61% | 49.34% | 45.52% | 45.85% | 43.93% | -567 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |