Port Townsend, WA · Charter 68200
Q2 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2003, the quarter ended June 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.
Port Townsend, WA · Charter 68200
Q2 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 | Q4 2000 | Q2 2001 | Q4 2001 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.96% | 1.01% | 1.05% | 1.33% | 1.38% | 1.27% | 1.49% | 1.61% | +29 bps | |
| Return on Equity | 8.78% | 8.96% | 9.59% | 12.34% | 12.73% | 11.96% | 14.14% | 14.66% | +232 bps | |
| Net Interest Margin | 5.13% | 5.24% | 4.83% | 5.11% | 5.02% | 4.86% | 4.72% | 4.80% | -31 bps | |
| Efficiency Ratio | 75.36% | 75.74% | 74.65% | 72.12% | 72.39% | 72.18% | 73.98% | 74.58% | +247 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 4.63% | 5.67% | 14.43% | 25.03% | 24.04% | 27.14% | 22.30% | 12.39% | -1,264 bps | |
| Loan Growth (YoY) | 29.28% | 22.90% | 16.84% | 21.94% | 20.95% | 24.94% | 14.57% | 7.27% | -1,467 bps | |
| Share Growth (YoY) | 2.83% | 3.90% | 11.22% | 27.13% | 24.32% | 28.15% | 25.50% | 11.74% | -1,539 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.37% | 0.56% | 0.36% | 1.17% | 0.85% | 0.55% | 0.33% | 0.23% | -95 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 | 0.75% | 0.70% | 0.59% | 0.78% | 0.82% | 0.79% | 0.70% | 0.55% | -23 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 10.98% | 11.24% | 10.94% | 10.76% | 10.82% | 10.60% | 10.53% | 11.01% | +25 bps | |
| Net Worth / Assets | 10.98% | 11.24% | 10.94% | 10.76% | 10.82% | 10.60% | 10.53% | 11.01% | +25 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 68.42% | 65.80% | 66.30% | 68.03% | 66.57% | 64.15% | 60.52% | 65.31% | -272 bps | |
| Liquid Assets / Assets | 13.29% | 24.13% | 21.12% | 20.56% | 19.30% | 22.47% | 20.86% | 12.79% | -777 bps | |