Olympia, WA · Charter 7451
Q1 2006
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2006, the quarter ended March 31, 2006, 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.
Olympia, WA · Charter 7451
Q1 2006
NIM decomposition not available for credit unions
Non-interest trend not available for credit unions
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 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.40% | 0.47% | 0.85% | 0.98% | 1.95% | +155 bps | |
| Return on Equity | 3.37% | 3.94% | 7.00% | 7.81% | 14.52% | +1,115 bps | |
| Net Interest Margin | 3.49% | 3.49% | 3.53% | 3.59% | 3.89% | +40 bps | |
| Efficiency Ratio | 90.54% | 88.57% | 80.03% | 77.43% | 58.41% | -3,213 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -3.91% | 2.62% | 5.31% | 9.53% | -0.91% | +300 bps | |
| Loan Growth (YoY) | 9.17% | 6.74% | 14.15% | 15.74% | 7.51% | -166 bps | |
| Share Growth (YoY) | -3.26% | 3.88% | 6.08% | 7.97% | -2.64% | +63 bps | |
| Asset Quality | |||||||
| Delinquent Loans / Loans | 0.18% | 0.06% | 0.71% | 0.67% | 0.65% | +47 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 1.42% | 1.38% | 1.26% | 0.99% | 1.01% | -42 bps | |
| Capital | |||||||
| Risk-Based Capital | 11.93% | 11.99% | 12.17% | 12.49% | 13.43% | +151 bps | |
| Net Worth / Assets | 11.93% | 11.99% | 12.17% | 12.49% | 13.43% | +151 bps | |
| Liquidity & Funding | |||||||
| Loans / Shares | 72.14% | 73.71% | 75.80% | 80.29% | 79.65% | +752 bps | |
| Liquid Assets / Assets | 33.66% | 32.33% | 30.78% | 28.00% | 28.18% | -548 bps | |