Missouri - 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)
|
0.3%
|
0.5%
|
0.9%
|
0.8%
|
1.4%
|
|
Manufacturing (11%)
|
-3.7%
|
-3.0%
|
-1.6%
|
-2.4%
|
-0.6%
|
|
Other (non-manufacturing) Goods-Producing (6%)
|
1.5%
|
1.4%
|
-1.9%
|
0.2%
|
3.2%
|
|
Private Service-Producing (68%)
|
0.8%
|
0.9%
|
1.4%
|
1.2%
|
1.7%
|
|
Government (16%)
|
0.7%
|
1.3%
|
1.1%
|
1.3%
|
1.0%
|
|
Unemployment Rate (% of labor force)
|
5.5%
|
5.3%
|
4.8%
|
5.0%
|
4.8%
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|
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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
|
-42.5%
|
-25.1%
|
-26.8%
|
-24.8%
|
-24.6%
|
|
Multifamily Building Permits
|
-16.9%
|
-18.1%
|
-54.5%
|
-38.4%
|
36.4%
|
|
Home Price Index
|
1.7%
|
2.4%
|
3.9%
|
3.2%
|
4.8%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
3.68
|
3.62
|
3.21
|
3.55
|
2.67
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BANKING TRENDS
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|
General Information
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Institutions (#)
|
358
|
361
|
366
|
361
|
368
|
|
Total Assets (in millions)
|
115,814
|
114,417
|
107,524
|
114,417
|
106,914
|
|
New Institutions (# < 3 years)
|
13
|
13
|
15
|
13
|
15
|
|
Subchapter S Institutions
|
120
|
117
|
118
|
117
|
111
|
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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 %)
|
2.42
|
2.23
|
1.87
|
2.23
|
1.67
|
|
ALLL/Total Loans (median %)
|
1.24
|
1.23
|
1.23
|
1.23
|
1.20
|
|
ALLL/Noncurrent Loans (median multiple)
|
1.27
|
1.53
|
2.07
|
1.53
|
2.42
|
|
Net Loan Losses / Total Loans (median %)
|
0.07
|
0.13
|
0.02
|
0.13
|
0.08
|
| |
|
|
|
|
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Capital / Earnings
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Tier 1 Leverage (median %)
|
9.32
|
9.35
|
9.41
|
9.35
|
9.45
|
|
Return on Assets (median %)
|
0.91
|
0.77
|
0.96
|
0.89
|
0.99
|
|
Pretax Return on Assets (median %)
|
1.13
|
0.98
|
1.24
|
1.16
|
1.31
|
|
Net Interest Margin (median %)
|
3.75
|
3.88
|
3.89
|
3.91
|
4.04
|
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Yield on Earning Assets (median %)
|
6.79
|
7.20
|
7.12
|
7.20
|
6.87
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|
Cost of Funding Earning Assets (median %)
|
3.03
|
3.31
|
3.21
|
3.30
|
2.83
|
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Provisions to Avg. Assets (median %)
|
0.08
|
0.13
|
0.09
|
0.13
|
0.13
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Noninterest Income to Avg. Assets (median %)
|
0.62
|
0.64
|
0.60
|
0.64
|
0.62
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Overhead to Avg. Assets (median %)
|
2.83
|
2.97
|
2.85
|
2.87
|
2.87
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|
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Liquidity / Sensitivity
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Loans to Assets (median %)
|
71.0
|
71.5
|
71.3
|
71.5
|
71.6
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Noncore Funding to Assets (median %)
|
21.0
|
20.6
|
19.5
|
20.6
|
20.4
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Long-term Assets to Assets (median %, call filers)
|
11.2
|
9.6
|
8.0
|
9.6
|
7.8
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|
Brokered Deposits (number of institutions)
|
122
|
119
|
127
|
119
|
124
|
|
Brokered Deposits to Assets (median % for those above)
|
2.4
|
3.2
|
3.2
|
3.2
|
3.4
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Loan Concentrations (median % of Tier 1 Capital)
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Commercial and Industrial
|
78.5
|
77.8
|
82.1
|
77.8
|
80.5
|
|
Commercial Real Estate
|
229.9
|
231.1
|
227.0
|
231.1
|
222.1
|
|
Construction & Development
|
53.2
|
54.3
|
51.0
|
54.3
|
49.8
|
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Multifamily Residential Real Estate
|
5.6
|
5.3
|
5.4
|
5.3
|
4.6
|
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Nonresidential Real Estate
|
153.4
|
159.3
|
153.1
|
159.3
|
151.9
|
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Residential Real Estate
|
203.9
|
208.6
|
200.6
|
208.6
|
199.9
|
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Consumer
|
36.9
|
38.5
|
39.6
|
38.5
|
39.4
|
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Agriculture
|
73.4
|
71.7
|
74.4
|
71.7
|
75.2
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BANKING PROFILE
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