North Dakota at a Glance
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ECONOMIC INDICATORS
(Change from year ago, unless noted)
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Employment Growth Rates
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Q2-09
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Q1-09
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Q2-08
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2008
|
2007
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|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
0.9%
|
0.5%
|
2.5%
|
2.4%
|
1.8%
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|
Manufacturing (7%)
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-8.7%
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-7.8%
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2.1%
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1.3%
|
0.0%
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|
Other (non-manufacturing) Goods-Producing (8%)
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4.8%
|
5.2%
|
12.0%
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12.7%
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5.2%
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|
Private Service-Producing (65%)
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0.6%
|
0.7%
|
2.2%
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2.0%
|
2.1%
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Government (21%)
|
3.8%
|
1.5%
|
0.3%
|
0.6%
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0.2%
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Unemployment Rate (% of labor force)
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4.2%
|
4.2%
|
3.1%
|
3.2%
|
3.1%
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|
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Other Indicators
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Q2-09
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Q1-09
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Q2-08
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2008
|
2007
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|
Single-Family Home Permits
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-0.6%
|
-89.3%
|
-15.4%
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-19.2%
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8.1%
|
|
Multifamily Building Permits
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12.1%
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-69.5%
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-40.4%
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19.0%
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-22.3%
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Home Price Index
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1.8%
|
2.6%
|
3.6%
|
3.6%
|
5.8%
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|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
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2.66
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2.14
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2.32
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2.04
|
1.80
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BANKING TRENDS
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General Information
|
Q2-09
|
Q1-09
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Q2-08
|
2008
|
2007
|
|
Institutions (#)
|
94
|
95
|
96
|
96
|
97
|
|
Total Assets (in millions)
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22,323
|
22,125
|
21,753
|
21,981
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20,381
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New Institutions (# < 3 years)
|
2
|
2
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2
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2
|
3
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Subchapter S Institutions
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63
|
63
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61
|
61
|
61
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|
|
|
|
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Asset Quality
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Q2-09
|
Q1-09
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Q2-08
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2008
|
2007
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Past-Due and Nonaccrual Loans / Total Loans (median %)
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2.36
|
3.17
|
1.74
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1.96
|
1.54
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Noncurrent Loans / Total Loans (median %)
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1.26
|
1.24
|
0.64
|
0.64
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0.42
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ALLL/Total Loans (median %)
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1.32
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1.38
|
1.24
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1.29
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1.26
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ALLL/Noncurrent Loans (median multiple)
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1.15
|
1.25
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1.67
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1.50
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2.87
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Net Loan Losses / Total Loans (median %)
|
0.02
|
0.02
|
0.00
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0.16
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0.07
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Capital / Earnings
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Q2-09
|
Q1-09
|
Q2-08
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2008
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2007
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Tier 1 Leverage (median %)
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8.87
|
8.86
|
9.13
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8.73
|
9.23
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Return on Assets (median %)
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0.98
|
0.90
|
1.03
|
1.02
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1.02
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Pretax Return on Assets (median %)
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1.16
|
1.10
|
1.31
|
1.23
|
1.30
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Net Interest Margin (median %)
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4.03
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3.86
|
3.90
|
4.00
|
4.07
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Yield on Earning Assets (median %)
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5.66
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5.62
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6.25
|
6.40
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7.21
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Cost of Funding Earning Assets (median %)
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1.62
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1.73
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2.37
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2.33
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3.18
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Provisions to Avg. Assets (median %)
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0.13
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0.13
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0.10
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0.17
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0.10
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Noninterest Income to Avg. Assets (median %)
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0.38
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0.38
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0.42
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0.44
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0.45
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Overhead to Avg. Assets (median %)
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2.78
|
2.70
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2.67
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2.77
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2.77
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Liquidity / Sensitivity
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Q2-09
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Q1-09
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Q2-08
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2008
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2007
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Net Loans to Assets (median %)
|
69.1
|
63.3
|
68.9
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65.2
|
66.0
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Noncore Funding to Assets (median %)
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17.2
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16.3
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17.5
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17.0
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15.3
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Long-term Assets to Assets (median %, call filers)
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15.6
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15.5
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13.8
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15.6
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11.8
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Brokered Deposits (number of institutions)
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36
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37
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35
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38
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37
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Brokered Deposits to Assets (median % for those above)
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4.2
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4.2
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4.6
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3.8
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5.6
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Loan Concentrations (median % of Total Risk-Based Capital)
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Q2-09
|
Q1-09
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Q2-08
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2008
|
2007
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Commercial and Industrial
|
95.1
|
102.5
|
113.3
|
111.5
|
101.8
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Commercial Real Estate
|
81.0
|
83.1
|
83.3
|
84.9
|
85.4
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Construction & Development
|
12.6
|
13.0
|
14.5
|
13.4
|
12.8
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Multifamily Residential Real Estate
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2.5
|
1.8
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1.6
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1.5
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1.6
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Nonresidential Real Estate
|
60.9
|
61.2
|
58.4
|
63.3
|
55.8
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Residential Real Estate
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50.4
|
55.6
|
45.2
|
53.5
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45.3
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Consumer
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40.8
|
39.6
|
41.8
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41.3
|
43.2
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Agriculture
|
286.6
|
277.2
|
302.4
|
301.0
|
275.4
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BANKING PROFILE
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