Everett, WA · Charter 68022
Q1 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2010, the quarter ended March 31, 2010, 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 68022
Q1 2010
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 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -4.61% | -1.77% | -1.49% | -1.70% | -1.35% | +326 bps | |
| Return on Equity | -58.16% | -20.25% | -17.78% | -21.27% | -16.88% | +4,128 bps | |
| Net Interest Margin | 3.47% | 3.70% | 3.67% | 3.74% | 4.17% | +70 bps | |
| Efficiency Ratio | 95.88% | 83.80% | 87.11% | 93.26% | 114.71% | +1,883 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 17.36% | 0.37% | 4.05% | -0.17% | -10.31% | -2,766 bps | |
| Loan Growth (YoY) | -5.62% | 0.07% | -0.71% | 3.35% | 1.50% | +712 bps | |
| Share Growth (YoY) | 19.65% | 2.00% | 5.40% | 2.14% | -8.82% | -2,847 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 1.65% | 1.94% | 2.06% | 2.93% | 3.24% | +159 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.77% | 0.92% | 1.11% | 1.39% | 1.31% | +54 bps | |
| Capital | |||||||
| Risk-Based Capital | 7.92% | 8.72% | 8.40% | 8.00% | 8.00% | +8 bps | |
| Net Worth / Assets | 7.92% | 8.72% | 8.40% | 8.00% | 8.00% | +8 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 60.46% | 66.65% | 66.68% | 68.20% | 67.31% | +684 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 99.98% | 0.00% | 0.00% | 0 bps | |