Seattle, WA · Charter 68380
Q1 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2008, the quarter ended March 31, 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 68380
Q1 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 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.18% | 1.03% | 0.92% | 0.94% | 1.12% | 1.01% | 0.87% | 0.19% | -75 bps | |
| Return on Equity | 11.73% | 9.94% | 8.66% | 9.03% | 10.19% | 9.12% | 7.57% | 1.70% | -733 bps | |
| Net Interest Margin | 3.93% | 3.99% | 4.01% | 3.76% | 4.04% | 4.24% | 4.33% | 3.94% | +18 bps | |
| Efficiency Ratio | 76.52% | 78.38% | 79.63% | 71.21% | 72.89% | 75.63% | 78.79% | 88.33% | +1,712 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.65% | -2.40% | -0.80% | -2.08% | -1.08% | 2.03% | -0.20% | 0.06% | +214 bps | |
| Loan Growth (YoY) | 21.77% | 19.23% | 8.84% | 6.07% | -1.94% | -6.93% | -6.54% | -9.64% | -1,571 bps | |
| Share Growth (YoY) | 2.18% | -3.29% | -1.74% | -3.18% | -1.76% | 1.78% | -1.79% | -1.04% | +214 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 0.05% | 0.03% | 0.23% | 0.03% | 0.04% | 0.00% | 0.08% | 0.25% | +22 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 | 0.20% | 0.20% | 0.32% | 0.25% | 0.23% | 0.22% | 0.32% | 0.38% | +13 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 10.06% | 10.40% | 10.63% | 10.36% | 11.04% | 11.09% | 11.52% | 10.99% | +64 bps | |
| Net Worth / Assets | 10.06% | 10.40% | 10.63% | 10.36% | 11.04% | 11.09% | 11.52% | 10.99% | +64 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 62.33% | 65.94% | 65.84% | 62.26% | 62.21% | 60.30% | 62.66% | 56.85% | -541 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |