Seattle, WA · Charter 68197
Q1 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2003, the quarter ended March 31, 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 68197
Q1 2003
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 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.94% | 0.64% | 0.65% | 0.71% | 0.99% | +5 bps | |
| Return on Equity | 10.05% | 6.75% | 7.10% | 7.73% | 10.91% | +86 bps | |
| Net Interest Margin | 3.87% | 3.95% | 3.81% | 3.78% | 3.65% | -22 bps | |
| Efficiency Ratio | 76.90% | 79.13% | 77.94% | 76.63% | 69.92% | -698 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -1.36% | -0.22% | 4.01% | 7.35% | 11.71% | +1,307 bps | |
| Loan Growth (YoY) | 4.50% | -2.11% | -2.12% | 2.98% | 5.42% | +93 bps | |
| Share Growth (YoY) | -2.71% | -0.39% | 3.87% | 7.60% | 11.24% | +1,395 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.77% | 0.80% | 0.76% | 0.68% | 0.45% | -32 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.86% | 0.92% | 0.96% | 0.66% | 0.74% | -13 bps | |
| Capital | |||||||
| Risk-Based Capital | 9.34% | 9.41% | 9.12% | 9.23% | 9.08% | -26 bps | |
| Net Worth / Assets | 9.34% | 9.41% | 9.12% | 9.23% | 9.08% | -26 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 95.21% | 94.68% | 87.85% | 90.72% | 90.23% | -497 bps | |
| Liquid Assets / Assets | 8.25% | 8.86% | 7.01% | 7.09% | 8.30% | +4 bps | |