Seattle, WA · Charter 68340
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 68340
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 | 0.32% | 0.94% | 0.53% | 0.25% | 0.25% | 0.15% | -0.40% | -0.94% | -119 bps | |
| Return on Equity | 2.52% | 7.39% | 4.14% | 1.89% | 1.88% | 1.11% | -3.15% | -7.65% | -954 bps | |
| Net Interest Margin | 5.07% | 4.54% | 4.49% | 4.67% | 4.60% | 4.09% | 4.16% | 4.03% | -64 bps | |
| Efficiency Ratio | 84.79% | 83.00% | 85.88% | 87.87% | 89.07% | 96.72% | 96.97% | 99.46% | +1,159 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -6.02% | -8.38% | -3.59% | -7.70% | -4.02% | -2.53% | -1.52% | 4.05% | +1,175 bps | |
| Loan Growth (YoY) | -20.79% | -18.70% | -18.66% | -14.94% | -12.00% | -7.57% | -6.45% | -9.32% | +562 bps | |
| Share Growth (YoY) | -6.14% | -7.91% | -3.69% | -8.89% | -7.38% | -3.94% | -1.72% | 5.36% | +1,425 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 1.15% | 2.47% | 2.09% | 1.50% | 1.85% | 2.11% | 1.24% | 1.02% | -48 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 | 0.74% | 0.79% | 0.71% | 0.62% | 0.50% | 0.39% | 0.52% | 0.69% | +8 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 12.75% | 12.73% | 12.79% | 13.41% | 13.53% | 13.10% | 12.76% | 12.24% | -116 bps | |
| Net Worth / Assets | 12.75% | 12.73% | 12.79% | 13.41% | 13.53% | 13.10% | 12.76% | 12.24% | -116 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 82.43% | 77.06% | 72.77% | 75.83% | 78.32% | 74.15% | 69.26% | 65.27% | -1,057 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |