Illinois - First Quarter 2008
|
ECONOMIC INDICATORS
(Change from year ago, unless noted)
|
|
Employment Growth Rates
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
0.5%
|
0.6%
|
1.0%
|
0.8%
|
1.2%
|
|
Manufacturing (11%)
|
-0.6%
|
-1.6%
|
-0.6%
|
-1.1%
|
-0.7%
|
|
Other (non-manufacturing) Goods-Producing (5%)
|
-1.2%
|
-1.3%
|
-2.0%
|
-1.6%
|
2.6%
|
|
Private Service-Producing (70%)
|
0.8%
|
1.0%
|
1.6%
|
1.3%
|
1.7%
|
|
Government (14%)
|
0.6%
|
1.1%
|
0.3%
|
0.6%
|
-0.1%
|
|
Unemployment Rate (% of labor force)
|
5.5%
|
5.3%
|
4.7%
|
5.0%
|
4.6%
|
| |
|
|
|
|
|
|
Other Indicators
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Single-Family Home Permits
|
-52.3%
|
-35.4%
|
-40.3%
|
-35.7%
|
-20.7%
|
|
Multifamily Building Permits
|
-56.9%
|
-7.0%
|
2.5%
|
-10.5%
|
7.0%
|
|
Home Price Index
|
0.7%
|
1.9%
|
4.6%
|
3.1%
|
7.0%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
3.80
|
3.33
|
3.00
|
3.14
|
2.33
|
| |
|
|
|
|
|
|
BANKING TRENDS
|
|
General Information
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Institutions (#)
|
667
|
670
|
681
|
670
|
685
|
|
Total Assets (in millions)
|
395,340
|
395,559
|
378,462
|
395,559
|
380,883
|
|
New Institutions (# < 3 years)
|
23
|
25
|
23
|
25
|
21
|
|
Subchapter S Institutions
|
235
|
229
|
230
|
229
|
224
|
| |
|
|
|
|
|
|
Asset Quality
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
2.48
|
2.28
|
1.98
|
2.28
|
1.77
|
|
ALLL/Total Loans (median %)
|
1.04
|
1.01
|
1.06
|
1.01
|
1.04
|
|
ALLL/Noncurrent Loans (median multiple)
|
0.88
|
1.01
|
1.46
|
1.01
|
1.50
|
|
Net Loan Losses / Total Loans (median %)
|
0.01
|
0.06
|
0.00
|
0.07
|
0.06
|
| |
|
|
|
|
|
|
Capital / Earnings
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Tier 1 Leverage (median %)
|
9.50
|
9.62
|
9.59
|
9.62
|
9.50
|
|
Return on Assets (median %)
|
0.82
|
0.75
|
0.82
|
0.83
|
0.85
|
|
Pretax Return on Assets (median %)
|
0.99
|
0.86
|
1.01
|
1.00
|
1.09
|
|
Net Interest Margin (median %)
|
3.40
|
3.50
|
3.46
|
3.50
|
3.60
|
|
Yield on Earning Assets (median %)
|
6.35
|
6.69
|
6.51
|
6.61
|
6.30
|
|
Cost of Funding Earning Assets (median %)
|
2.95
|
3.19
|
3.08
|
3.15
|
2.74
|
|
Provisions to Avg. Assets (median %)
|
0.07
|
0.08
|
0.04
|
0.08
|
0.06
|
|
Noninterest Income to Avg. Assets (median %)
|
0.49
|
0.49
|
0.47
|
0.49
|
0.50
|
|
Overhead to Avg. Assets (median %)
|
2.68
|
2.81
|
2.68
|
2.71
|
2.68
|
| |
|
|
|
|
|
|
Liquidity / Sensitivity
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Loans to Assets (median %)
|
63.2
|
65.4
|
64.0
|
65.4
|
64.3
|
|
Noncore Funding to Assets (median %)
|
20.3
|
20.1
|
18.7
|
20.1
|
19.9
|
|
Long-term Assets to Assets (median %, call filers)
|
16.7
|
15.1
|
13.2
|
15.1
|
12.6
|
|
Brokered Deposits (number of institutions)
|
246
|
247
|
251
|
247
|
260
|
|
Brokered Deposits to Assets (median % for those above)
|
4.3
|
4.2
|
4.5
|
4.2
|
4.9
|
| |
|
|
|
|
|
|
Loan Concentrations (median % of Tier 1 Capital)
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Commercial and Industrial
|
70.8
|
67.9
|
65.2
|
67.9
|
65.1
|
|
Commercial Real Estate
|
170.3
|
174.6
|
166.9
|
174.6
|
162.0
|
|
Construction & Development
|
31.1
|
31.2
|
28.5
|
31.2
|
28.6
|
|
Multifamily Residential Real Estate
|
9.0
|
8.3
|
8.6
|
8.3
|
7.9
|
|
Nonresidential Real Estate
|
107.8
|
107.8
|
103.7
|
107.8
|
104.5
|
|
Residential Real Estate
|
171.5
|
170.9
|
167.2
|
170.9
|
172.2
|
|
Consumer
|
28.6
|
30.1
|
30.0
|
30.1
|
30.8
|
|
Agriculture
|
46.9
|
52.5
|
48.0
|
52.5
|
46.7
|
| |
|
|
|
|
|
|
BANKING PROFILE
|
