Louisiana - 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)
|
2.1%
|
2.8%
|
4.5%
|
3.6%
|
-2.0%
|
|
Manufacturing (8%)
|
1.9%
|
2.1%
|
4.0%
|
3.5%
|
0.3%
|
|
Other (non-manufacturing) Goods-Producing (10%)
|
3.8%
|
3.2%
|
3.3%
|
3.3%
|
9.3%
|
|
Private Service-Producing (63%)
|
1.7%
|
2.7%
|
5.5%
|
3.9%
|
-2.4%
|
|
Government (19%)
|
2.8%
|
3.6%
|
2.1%
|
3.1%
|
-6.9%
|
|
Unemployment Rate (% of labor force)
|
4.1%
|
3.8%
|
3.8%
|
3.8%
|
4.0%
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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
|
-18.1%
|
-40.8%
|
-27.0%
|
-25.7%
|
7.9%
|
|
Multifamily Building Permits
|
12.6%
|
-70.3%
|
190.5%
|
62.3%
|
107.0%
|
|
Home Price Index
|
3.3%
|
4.4%
|
8.5%
|
6.2%
|
11.5%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
3.62
|
3.39
|
2.91
|
3.21
|
2.55
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BANKING TRENDS
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|
General Information
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Institutions (#)
|
162
|
162
|
166
|
162
|
166
|
|
Total Assets (in millions)
|
50,361
|
49,528
|
76,826
|
49,528
|
76,372
|
|
New Institutions (# < 3 years)
|
4
|
4
|
5
|
4
|
5
|
|
Subchapter S Institutions
|
56
|
51
|
52
|
51
|
49
|
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|
|
|
|
|
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Asset Quality
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
2.34
|
2.41
|
1.87
|
2.41
|
2.06
|
|
ALLL/Total Loans (median %)
|
1.08
|
1.11
|
1.20
|
1.11
|
1.21
|
|
ALLL/Noncurrent Loans (median multiple)
|
1.33
|
1.53
|
1.75
|
1.53
|
1.74
|
|
Net Loan Losses / Total Loans (median %)
|
0.04
|
0.11
|
0.02
|
0.08
|
0.09
|
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|
|
|
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Capital / Earnings
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Tier 1 Leverage (median %)
|
9.83
|
9.81
|
9.94
|
9.81
|
9.64
|
|
Return on Assets (median %)
|
1.22
|
1.10
|
1.16
|
1.19
|
1.21
|
|
Pretax Return on Assets (median %)
|
1.54
|
1.37
|
1.53
|
1.53
|
1.61
|
|
Net Interest Margin (median %)
|
4.39
|
4.51
|
4.45
|
4.56
|
4.69
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Yield on Earning Assets (median %)
|
6.87
|
7.21
|
7.07
|
7.20
|
6.82
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|
Cost of Funding Earning Assets (median %)
|
2.50
|
2.74
|
2.68
|
2.75
|
2.30
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Provisions to Avg. Assets (median %)
|
0.04
|
0.04
|
0.02
|
0.05
|
0.09
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Noninterest Income to Avg. Assets (median %)
|
0.84
|
0.93
|
0.82
|
0.90
|
0.87
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|
Overhead to Avg. Assets (median %)
|
3.36
|
3.56
|
3.37
|
3.41
|
3.43
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|
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Liquidity / Sensitivity
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
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|
Loans to Assets (median %)
|
65.8
|
65.0
|
60.9
|
65.0
|
61.0
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Noncore Funding to Assets (median %)
|
22.1
|
21.3
|
20.9
|
21.3
|
21.1
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Long-term Assets to Assets (median %, call filers)
|
14.7
|
12.5
|
12.1
|
12.5
|
12.0
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Brokered Deposits (number of institutions)
|
35
|
36
|
31
|
36
|
32
|
|
Brokered Deposits to Assets (median % for those above)
|
1.3
|
1.4
|
1.6
|
1.4
|
1.7
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Loan Concentrations (median % of Tier 1 Capital)
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Commercial and Industrial
|
76.4
|
73.8
|
77.5
|
73.8
|
72.8
|
|
Commercial Real Estate
|
208.7
|
196.1
|
187.4
|
196.1
|
182.1
|
|
Construction & Development
|
50.9
|
50.6
|
41.3
|
50.6
|
38.7
|
|
Multifamily Residential Real Estate
|
5.3
|
5.0
|
4.5
|
5.0
|
3.8
|
|
Nonresidential Real Estate
|
132.8
|
129.9
|
124.2
|
129.9
|
124.6
|
|
Residential Real Estate
|
184.7
|
181.8
|
180.3
|
181.8
|
181.1
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Consumer
|
49.5
|
52.4
|
48.4
|
52.4
|
52.2
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Agriculture
|
10.7
|
11.1
|
11.9
|
11.1
|
12.6
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BANKING PROFILE
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