Everett, WA · Charter 68017
Q1 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2008, the quarter ended March 31, 2008, 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.
Everett, WA · Charter 68017
Q1 2008
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 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.31% | 0.29% | 0.36% | 0.54% | 0.23% | 0.29% | 0.21% | 0.33% | -21 bps | |
| Return on Equity | 3.52% | 3.18% | 3.92% | 5.99% | 2.43% | 3.03% | 2.19% | 3.42% | -257 bps | |
| Net Interest Margin | 4.99% | 5.08% | 4.93% | 4.68% | 4.71% | 4.06% | 4.07% | 4.15% | -53 bps | |
| Efficiency Ratio | 83.63% | 84.58% | 85.97% | 93.70% | 96.32% | 95.38% | 94.30% | 94.52% | +82 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.09% | 3.42% | 2.03% | 3.45% | -2.90% | -1.89% | -4.59% | -7.20% | -1,066 bps | |
| Loan Growth (YoY) | 14.26% | 11.71% | 3.29% | -7.45% | -16.64% | -16.93% | -12.93% | -10.70% | -324 bps | |
| Share Growth (YoY) | 6.95% | 3.59% | 2.23% | 4.34% | -2.63% | -2.28% | -5.55% | -8.36% | -1,271 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.54% | 0.44% | 0.69% | 0.52% | 0.42% | 0.91% | 0.52% | 0.59% | +7 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 | 0.85% | 0.84% | 0.80% | 0.69% | 0.59% | 0.53% | 0.56% | 0.47% | -22 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 8.75% | 8.98% | 9.10% | 8.98% | 9.32% | 9.52% | 9.64% | 9.72% | +74 bps | |
| Net Worth / Assets | 8.75% | 8.98% | 9.10% | 8.98% | 9.32% | 9.52% | 9.64% | 9.72% | +74 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 90.95% | 91.04% | 85.41% | 77.35% | 77.86% | 77.39% | 78.73% | 75.38% | -197 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |