Seattle, WA · Charter 68337
Q4 2002
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2002, the quarter ended December 31, 2002, 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 68337
Q4 2002
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 1999 | Q2 2000 | Q4 2000 | Q2 2001 | Q4 2001 | Q2 2002 | Q3 2002 | Q4 2002 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.72% | 0.86% | 0.97% | 0.69% | 0.55% | 0.72% | 1.28% | 1.34% | +65 bps | |
| Return on Equity | n/a | n/a | 12.88% | 8.78% | 7.15% | 9.17% | 14.70% | 15.75% | +698 bps | |
| Net Interest Margin | 4.70% | 5.38% | 4.45% | 4.22% | 4.23% | 5.07% | 5.29% | 4.87% | +65 bps | |
| Efficiency Ratio | 77.50% | 66.28% | 64.90% | 72.96% | 73.19% | 64.11% | 63.21% | 64.34% | -862 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | n/a | 11.65% | 20.86% | 23.80% | 28.61% | 31.95% | 4.47% | 12.37% | -1,143 bps | |
| Loan Growth (YoY) | n/a | 39.33% | 39.28% | 30.20% | 2.54% | -16.89% | -19.82% | -17.22% | -4,742 bps | |
| Share Growth (YoY) | n/a | 11.07% | 12.75% | 19.89% | 26.77% | 31.21% | 8.34% | 14.60% | -529 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 2.07% | 1.18% | 0.93% | 1.14% | 2.98% | 1.96% | 2.12% | 1.77% | +63 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 | 0.77% | 0.89% | 0.73% | 0.66% | 1.14% | 1.86% | 1.40% | 0.94% | +28 bps | |
| Capital | ||||||||||
| Risk-Based Capital | n/a | n/a | 7.52% | 7.81% | 7.72% | 7.81% | 8.71% | 8.49% | +68 bps | |
| Net Worth / Assets | n/a | n/a | 7.52% | 7.81% | 7.72% | 7.81% | 8.71% | 8.49% | +68 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 89.69% | 103.04% | 92.56% | 81.36% | 72.54% | 65.27% | 68.50% | 58.77% | -2,259 bps | |
| Liquid Assets / Assets | 12.43% | 2.26% | 18.70% | 25.76% | 32.98% | 39.50% | 37.12% | 44.62% | +1,886 bps | |