Wisconsin - First Quarter 2008
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ECONOMIC INDICATORS
(Change from year ago, unless noted)
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Employment Growth Rates
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Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
-0.1%
|
0.3%
|
0.7%
|
0.5%
|
0.9%
|
|
Manufacturing (17%)
|
-1.8%
|
-1.4%
|
-0.6%
|
-1.0%
|
0.2%
|
|
Other (non-manufacturing) Goods-Producing (4%)
|
-3.9%
|
-1.5%
|
-1.9%
|
-1.6%
|
-0.1%
|
|
Private Service-Producing (64%)
|
0.3%
|
0.7%
|
1.5%
|
1.2%
|
1.3%
|
|
Government (14%)
|
1.2%
|
1.2%
|
-0.4%
|
0.2%
|
0.0%
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|
Unemployment Rate (% of labor force)
|
4.9%
|
4.8%
|
5.0%
|
4.9%
|
4.7%
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|
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Other Indicators
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Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Single-Family Home Permits
|
-38.3%
|
-25.0%
|
-35.3%
|
-22.5%
|
-22.5%
|
|
Multifamily Building Permits
|
-10.8%
|
-41.1%
|
-34.4%
|
-30.6%
|
-22.1%
|
|
Home Price Index
|
1.8%
|
2.0%
|
3.2%
|
2.8%
|
4.6%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
3.21
|
2.83
|
2.51
|
2.76
|
2.00
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BANKING TRENDS
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|
General Information
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Institutions (#)
|
293
|
296
|
302
|
296
|
302
|
|
Total Assets (in millions)
|
156,695
|
152,306
|
142,148
|
152,306
|
141,610
|
|
New Institutions (# < 3 years)
|
7
|
7
|
5
|
7
|
4
|
|
Subchapter S Institutions
|
83
|
79
|
79
|
79
|
73
|
| |
|
|
|
|
|
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Asset Quality
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
3.15
|
2.83
|
2.49
|
2.83
|
2.06
|
|
ALLL/Total Loans (median %)
|
1.17
|
1.15
|
1.19
|
1.15
|
1.17
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|
ALLL/Noncurrent Loans (median multiple)
|
0.82
|
0.92
|
1.22
|
0.92
|
1.29
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|
Net Loan Losses / Total Loans (median %)
|
0.02
|
0.11
|
0.00
|
0.08
|
0.05
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|
|
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Capital / Earnings
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Tier 1 Leverage (median %)
|
9.87
|
9.85
|
9.78
|
9.85
|
9.74
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Return on Assets (median %)
|
0.89
|
0.87
|
0.86
|
0.88
|
0.96
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|
Pretax Return on Assets (median %)
|
1.09
|
1.13
|
1.17
|
1.19
|
1.27
|
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Net Interest Margin (median %)
|
3.57
|
3.64
|
3.58
|
3.62
|
3.71
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Yield on Earning Assets (median %)
|
6.68
|
7.02
|
6.90
|
7.00
|
6.74
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Cost of Funding Earning Assets (median %)
|
3.10
|
3.41
|
3.36
|
3.43
|
3.04
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Provisions to Avg. Assets (median %)
|
0.10
|
0.11
|
0.07
|
0.11
|
0.08
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Noninterest Income to Avg. Assets (median %)
|
0.53
|
0.53
|
0.49
|
0.52
|
0.54
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Overhead to Avg. Assets (median %)
|
2.69
|
2.69
|
2.66
|
2.66
|
2.60
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Liquidity / Sensitivity
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Q1-08
|
Q4-07
|
Q1-07
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2007
|
2006
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|
Loans to Assets (median %)
|
73.9
|
73.8
|
74.2
|
73.8
|
73.9
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Noncore Funding to Assets (median %)
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20.8
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20.2
|
20.0
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20.2
|
21.4
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Long-term Assets to Assets (median %, call filers)
|
10.0
|
9.0
|
7.8
|
9.0
|
7.7
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Brokered Deposits (number of institutions)
|
168
|
173
|
195
|
173
|
195
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|
Brokered Deposits to Assets (median % for those above)
|
6.5
|
6.9
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6.4
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6.9
|
5.9
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|
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Loan Concentrations (median % of Tier 1 Capital)
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Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
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Commercial and Industrial
|
83.8
|
82.8
|
84.2
|
82.8
|
84.6
|
|
Commercial Real Estate
|
247.3
|
246.6
|
253.8
|
246.6
|
252.9
|
|
Construction & Development
|
58.0
|
58.1
|
54.6
|
58.1
|
52.4
|
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Multifamily Residential Real Estate
|
9.3
|
9.6
|
9.4
|
9.6
|
8.7
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Nonresidential Real Estate
|
172.7
|
172.7
|
175.1
|
172.7
|
175.1
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Residential Real Estate
|
219.7
|
223.1
|
219.7
|
223.1
|
227.7
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Consumer
|
22.5
|
23.0
|
24.2
|
23.0
|
25.5
|
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Agriculture
|
32.8
|
32.9
|
31.1
|
32.9
|
32.9
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BANKING PROFILE
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