Nebraska - 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
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Q4-07
|
Q1-07
|
2007
|
2006
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|
Total Nonfarm (share of trailing four quarter employment in parentheses)
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1.9%
|
1.8%
|
1.3%
|
1.7%
|
1.2%
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Manufacturing (10%)
|
0.5%
|
0.9%
|
-1.3%
|
-0.2%
|
0.1%
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|
Other (non-manufacturing) Goods-Producing (5%)
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4.8%
|
5.2%
|
2.4%
|
4.4%
|
1.1%
|
|
Private Service-Producing (67%)
|
2.2%
|
1.8%
|
1.8%
|
1.9%
|
1.6%
|
|
Government (17%)
|
0.6%
|
1.1%
|
0.8%
|
1.1%
|
0.7%
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Unemployment Rate (% of labor force)
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2.9%
|
3.1%
|
2.9%
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3.0%
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3.1%
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Other Indicators
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Q1-08
|
Q4-07
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Q1-07
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2007
|
2006
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|
Single-Family Home Permits
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-23.7%
|
-19.8%
|
-34.0%
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-13.6%
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-24.8%
|
|
Multifamily Building Permits
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237.7%
|
42.4%
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-81.7%
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-27.6%
|
47.5%
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|
Home Price Index
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2.0%
|
2.0%
|
2.7%
|
2.2%
|
2.6%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
3.51
|
2.95
|
2.86
|
2.90
|
2.25
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BANKING TRENDS
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General Information
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Institutions (#)
|
245
|
248
|
251
|
248
|
254
|
|
Total Assets (in millions)
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42,968
|
42,498
|
38,907
|
42,498
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39,625
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New Institutions (# < 3 years)
|
4
|
4
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2
|
4
|
2
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Subchapter S Institutions
|
92
|
91
|
93
|
91
|
83
|
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|
|
|
|
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Asset Quality
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Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
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Past-Due and Nonaccrual Loans / Total Loans (median %)
|
2.28
|
1.51
|
2.01
|
1.51
|
1.38
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|
ALLL/Total Loans (median %)
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1.46
|
1.43
|
1.47
|
1.43
|
1.44
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ALLL/Noncurrent Loans (median multiple)
|
1.62
|
2.17
|
2.12
|
2.17
|
2.20
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Net Loan Losses / Total Loans (median %)
|
0.00
|
0.01
|
0.00
|
0.05
|
0.05
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|
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Capital / Earnings
|
Q1-08
|
Q4-07
|
Q1-07
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2007
|
2006
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Tier 1 Leverage (median %)
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9.62
|
9.73
|
9.86
|
9.73
|
9.88
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Return on Assets (median %)
|
0.99
|
0.86
|
1.08
|
1.01
|
1.03
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Pretax Return on Assets (median %)
|
1.28
|
1.09
|
1.33
|
1.26
|
1.32
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Net Interest Margin (median %)
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3.81
|
3.92
|
3.87
|
3.88
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4.03
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Yield on Earning Assets (median %)
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6.82
|
7.26
|
7.03
|
7.18
|
6.88
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Cost of Funding Earning Assets (median %)
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2.99
|
3.27
|
3.14
|
3.25
|
2.83
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Provisions to Avg. Assets (median %)
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0.00
|
0.00
|
0.00
|
0.04
|
0.07
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Noninterest Income to Avg. Assets (median %)
|
0.51
|
0.54
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0.50
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0.52
|
0.53
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Overhead to Avg. Assets (median %)
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2.73
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3.07
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2.74
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2.83
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2.86
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Liquidity / Sensitivity
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Q1-08
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Q4-07
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Q1-07
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2007
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2006
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Loans to Assets (median %)
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66.9
|
68.4
|
68.8
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68.4
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68.5
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Noncore Funding to Assets (median %)
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18.7
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19.2
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18.5
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19.2
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19.4
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Long-term Assets to Assets (median %, call filers)
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10.9
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9.8
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9.9
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9.8
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10.0
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Brokered Deposits (number of institutions)
|
105
|
103
|
104
|
103
|
102
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Brokered Deposits to Assets (median % for those above)
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2.2
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2.9
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3.0
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2.9
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3.0
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Loan Concentrations (median % of Tier 1 Capital)
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Q1-08
|
Q4-07
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Q1-07
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2007
|
2006
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Commercial and Industrial
|
89.8
|
86.2
|
82.9
|
86.2
|
85.9
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Commercial Real Estate
|
62.5
|
61.3
|
59.1
|
61.3
|
58.2
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Construction & Development
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8.0
|
7.3
|
8.3
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7.3
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7.3
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Multifamily Residential Real Estate
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0.7
|
0.1
|
0.3
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0.1
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0.3
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Nonresidential Real Estate
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43.9
|
43.1
|
43.6
|
43.1
|
44.0
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Residential Real Estate
|
64.0
|
64.3
|
71.7
|
64.3
|
69.2
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Consumer
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33.7
|
35.2
|
35.8
|
35.2
|
35.4
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Agriculture
|
263.0
|
281.9
|
273.1
|
281.9
|
279.9
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BANKING PROFILE
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