Seattle, WA · Charter 68238
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.
Seattle, WA · Charter 68238
Q1 2010
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 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -1.05% | -1.70% | -2.11% | -5.65% | -4.88% | -5.51% | -7.63% | -4.30% | +136 bps | |
| Return on Equity | -6.31% | -11.01% | -14.21% | -42.75% | -40.11% | -49.58% | -99.84% | -70.61% | -2,786 bps | |
| Net Interest Margin | 4.00% | 3.82% | 3.83% | 2.97% | 2.88% | 3.11% | 3.22% | 3.58% | +62 bps | |
| Efficiency Ratio | 118.45% | 121.98% | 132.49% | 182.32% | 181.35% | 206% | 261% | 185.55% | +323 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -7.87% | -2.37% | -1.00% | 0.37% | 2.58% | -4.35% | -3.00% | 2.28% | +190 bps | |
| Loan Growth (YoY) | -8.09% | -12.98% | -23.98% | -29.19% | -29.67% | -14.76% | 36.76% | 80.72% | +10,991 bps | |
| Share Growth (YoY) | -6.58% | -0.32% | 1.45% | 4.75% | 6.31% | -1.12% | 4.31% | 9.48% | +472 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 1.26% | 1.63% | 4.04% | 2.92% | 6.22% | 3.21% | 7.03% | 6.83% | +391 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 | 0.63% | 0.78% | 1.30% | 1.75% | 1.83% | 0.36% | 1.55% | 1.94% | +19 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 16.59% | 15.40% | 14.82% | 13.23% | 12.17% | 11.12% | 7.64% | 6.09% | -714 bps | |
| Net Worth / Assets | 16.59% | 15.40% | 14.82% | 13.23% | 12.17% | 11.12% | 7.64% | 6.09% | -714 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 59.25% | 51.02% | 43.28% | 37.78% | 39.20% | 43.98% | 56.75% | 62.36% | +2,458 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |