Everett, WA · Charter 68387
Q1 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2004, the quarter ended March 31, 2004, 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.
Everett, WA · Charter 68387
Q1 2004
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 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.62% | 0.51% | 0.30% | -0.17% | 0.08% | -0.01% | -0.12% | -0.52% | -36 bps | |
| Return on Equity | 8.03% | 6.41% | 3.66% | -2.13% | 1.08% | -0.10% | -1.55% | -6.80% | -467 bps | |
| Net Interest Margin | 4.37% | 4.53% | 4.68% | 4.29% | 4.13% | 4.02% | 4.16% | 4.27% | -1 bps | |
| Efficiency Ratio | 83.74% | 87.20% | 93.88% | 103.26% | 104.54% | 104.22% | 105.35% | 110.11% | +685 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.39% | 14.38% | 4.46% | 9.50% | 0.92% | 6.68% | 5.27% | -3.26% | -1,276 bps | |
| Loan Growth (YoY) | -29.08% | -25.51% | -20.13% | -24.53% | -1.97% | 17.51% | 26.43% | 41.24% | +6,578 bps | |
| Share Growth (YoY) | 1.68% | 14.22% | 5.31% | 10.45% | 0.56% | 7.34% | 6.37% | -2.90% | -1,335 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 2.31% | 1.93% | 5.54% | 3.90% | 4.04% | 3.64% | 2.46% | 1.52% | -238 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 | 2.15% | 1.84% | 1.28% | 1.52% | 1.11% | 0.96% | 0.89% | 0.92% | -60 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 7.74% | 7.94% | 8.31% | 7.83% | 7.82% | 7.48% | 7.60% | 7.70% | -13 bps | |
| Net Worth / Assets | 7.74% | 7.94% | 8.31% | 7.83% | 7.82% | 7.48% | 7.60% | 7.70% | -13 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 55.46% | 55.87% | 54.71% | 45.26% | 54.06% | 61.16% | 65.02% | 65.84% | +2,058 bps | |
| Liquid Assets / Assets | 31.45% | 27.83% | 27.79% | 31.86% | 46.61% | 19.56% | 15.85% | 34.98% | +312 bps | |