Everett, WA · Charter 68387
Q1 2004
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Net Worth / Assets
Discrete quarter, annualized.
| Metric | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | -0.17% | 0.08% | -0.01% | -0.12% | -0.52% | -36 bps | |
| Return on Equity | -2.13% | 1.08% | -0.10% | -1.55% | -6.80% | -467 bps | |
| Net Interest Margin | 4.29% | 4.13% | 4.02% | 4.16% | 4.27% | -1 bps | |
| Efficiency Ratio | 103.26% | 104.54% | 104.22% | 105.35% | 110.11% | +685 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 9.50% | 0.92% | 6.68% | 5.27% | -3.26% | -1,276 bps | |
| Loan Growth (YoY) | -24.53% | -1.97% | 17.51% | 26.43% | 41.24% | +6,578 bps | |
| Share Growth (YoY) | 10.45% | 0.56% | 7.34% | 6.37% | -2.90% | -1,335 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 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 |
| Allowance / Loans | 1.52% | 1.11% | 0.96% | 0.89% | 0.92% | -60 bps | |
| Capital | |||||||
| Risk-Based Capital | 7.83% | 7.82% | 7.48% | 7.60% | 7.70% | -13 bps | |
| Net Worth / Assets | 7.83% | 7.82% | 7.48% | 7.60% | 7.70% | -13 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 45.26% | 54.06% | 61.16% | 65.02% | 65.84% | +2,058 bps | |
| Liquid Assets / Assets | 31.86% | 46.61% | 19.56% | 15.85% | 34.98% | +312 bps | |