Seattle, WA · Cert 9576
FDIC
Q4 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2004, the quarter ended December 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.
Seattle, WA · Cert 9576
FDIC
Q4 2004
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.16% | 1.70% | 1.72% | 1.62% | 0.76% | 0.80% | 0.89% | 0.93% | -68 bps | |
| Return on Equity | 25.67% | 22.66% | 24.63% | 23.64% | 11.97% | 12.21% | 13.51% | n/a | n/a | |
| Net Interest Margin | 3.71% | 3.15% | 2.92% | 3.11% | 2.76% | 2.72% | 2.71% | n/a | n/a | |
| Efficiency Ratio | 39.66% | 49.31% | 49.96% | 54.56% | 75.48% | 72.62% | 70.08% | n/a | n/a | |
| Non-Interest Burden | 0.06% | 0.65% | 0.64% | 0.88% | 1.71% | 1.59% | 1.42% | n/a | n/a | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.20% | 25.58% | 17.62% | 9.74% | 3.15% | -14.85% | -10.95% | -8.70% | -1,845 bps | |
| Loan Growth (YoY) | 13.14% | 44.45% | 32.41% | 22.37% | 14.19% | -11.60% | -6.34% | -5.24% | -2,762 bps | |
| Deposit Growth (YoY) | 14.26% | 22.55% | 26.79% | 20.11% | 15.66% | 8.89% | 1.06% | 1.07% | -1,904 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.27% | 0.25% | 0.26% | 0.27% | 0.13% | 0.12% | 0.11% | n/a | n/a | |
| Allowance / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 14.42% | 11.59% | 10.82% | 11.23% | 11.10% | 11.43% | 11.79% | n/a | n/a | |
| Equity / Assets | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 110.36% | 125.64% | 110.32% | 104.25% | 108.96% | 102.00% | 102.24% | 97.74% | -652 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |