Seattle, WA · Charter 68335
Q3 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2008, the quarter ended September 30, 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.
Seattle, WA · Charter 68335
Q3 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 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.86% | 0.90% | 0.61% | 0.01% | 0.07% | -0.25% | 0.09% | -0.08% | -9 bps | |
| Return on Equity | 6.22% | 6.64% | 4.22% | 0.09% | 0.53% | -1.74% | 0.60% | -0.54% | -63 bps | |
| Net Interest Margin | 5.53% | 4.85% | 5.06% | 5.08% | 4.72% | 4.53% | 5.02% | 4.68% | -40 bps | |
| Efficiency Ratio | 80.10% | 81.11% | 83.43% | 85.49% | 87.67% | 94.28% | 88.27% | 94.18% | +870 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -11.13% | -11.99% | -14.39% | -9.37% | -0.08% | -6.42% | -0.98% | 1.59% | +1,095 bps | |
| Loan Growth (YoY) | -25.73% | -22.35% | -20.24% | -20.14% | -18.19% | -14.56% | -18.07% | -13.17% | +697 bps | |
| Share Growth (YoY) | -11.73% | -12.70% | -16.84% | -11.43% | -0.75% | -9.70% | -0.38% | 2.60% | +1,403 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 1.56% | 1.88% | 1.64% | 1.93% | 1.37% | 2.10% | 1.56% | 4.58% | +265 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 | 0.55% | 0.55% | 0.58% | 0.78% | 0.87% | 0.81% | 0.82% | 0.93% | +15 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 13.82% | 13.57% | 14.42% | 14.56% | 13.91% | 14.27% | 14.37% | 14.34% | -22 bps | |
| Net Worth / Assets | 13.82% | 13.57% | 14.42% | 14.56% | 13.91% | 14.27% | 14.37% | 14.34% | -22 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 79.63% | 74.43% | 74.85% | 73.94% | 65.64% | 70.42% | 61.56% | 62.58% | -1,136 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |