Seattle, WA · Charter 68363
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.
Seattle, WA · Charter 68363
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 | 0.16% | 0.54% | 0.36% | 0.34% | 0.47% | 0.10% | 0.08% | 0.22% | -12 bps | |
| Return on Equity | 2.17% | 7.61% | 5.10% | 4.41% | 5.98% | 1.23% | 1.10% | 2.77% | -164 bps | |
| Net Interest Margin | 4.85% | 3.85% | 4.00% | 4.33% | 4.32% | 4.41% | 4.21% | 4.45% | +12 bps | |
| Efficiency Ratio | 84.23% | 83.16% | 85.38% | 82.75% | 80.32% | 81.29% | 88.85% | 90.66% | +791 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -6.83% | -0.48% | 5.60% | 3.58% | 6.15% | -6.07% | -5.70% | -4.43% | -801 bps | |
| Loan Growth (YoY) | 2.63% | -1.71% | -14.17% | -21.75% | -20.50% | -27.49% | -18.77% | -9.41% | +1,234 bps | |
| Share Growth (YoY) | -7.70% | -0.93% | 5.30% | 9.05% | 5.52% | -6.86% | -6.35% | -6.58% | -1,562 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.80% | 0.31% | 0.51% | 0.41% | 0.08% | 0.11% | 0.23% | 0.84% | +43 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 | 1.21% | 1.01% | 1.17% | 0.96% | 0.90% | 1.39% | 1.32% | 1.16% | +20 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 7.54% | 7.06% | 7.15% | 7.70% | 7.84% | 7.71% | 7.70% | 8.09% | +39 bps | |
| Net Worth / Assets | 7.54% | 7.06% | 7.15% | 7.70% | 7.84% | 7.71% | 7.70% | 8.09% | +39 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 82.72% | 73.40% | 67.36% | 63.94% | 62.32% | 57.14% | 58.43% | 62.00% | -194 bps | |
| Liquid Assets / Assets | 9.21% | 22.96% | 24.39% | 20.54% | 27.23% | 30.21% | 27.49% | 23.17% | +264 bps | |