Alaska 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
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
-0.3%
|
1.1%
|
1.5%
|
1.4%
|
0.9%
|
|
Manufacturing (4%)
|
-0.8%
|
-2.6%
|
0.3%
|
0.0%
|
-0.9%
|
|
Other (non-manufacturing) Goods-Producing (10%)
|
-2.0%
|
3.2%
|
3.5%
|
3.3%
|
3.4%
|
|
Private Service-Producing (60%)
|
-0.5%
|
0.8%
|
1.2%
|
1.2%
|
0.9%
|
|
Government (26%)
|
1.0%
|
1.8%
|
1.6%
|
1.4%
|
0.3%
|
|
Unemployment Rate (% of labor force)
|
8.2%
|
8.0%
|
6.6%
|
6.6%
|
6.1%
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|
|
|
|
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Other Indicators
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Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Single-Family Home Permits
|
-18.9%
|
-43.1%
|
-35.7%
|
-37.6%
|
-33.4%
|
|
Multifamily Building Permits
|
194.8%
|
-91.3%
|
-79.6%
|
-67.9%
|
-37.8%
|
|
Home Price Index
|
-1.3%
|
0.4%
|
-0.1%
|
0.1%
|
4.4%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
1.40
|
0.96
|
1.16
|
1.18
|
0.92
|
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BANKING TRENDS
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|
General Information
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Institutions (#)
|
7
|
7
|
7
|
7
|
6
|
|
Total Assets (in millions)
|
33,119
|
32,533
|
34,216
|
31,484
|
4,402
|
|
New Institutions (# < 3 years)
|
0
|
0
|
0
|
0
|
0
|
|
Subchapter S Institutions
|
1
|
1
|
1
|
1
|
1
|
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|
|
|
|
|
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Asset Quality
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
3.03
|
4.25
|
3.41
|
4.12
|
3.77
|
|
Noncurrent Loans / Total Loans (median %)
|
2.91
|
2.99
|
2.38
|
3.00
|
1.26
|
|
ALLL/Total Loans (median %)
|
1.57
|
1.74
|
1.13
|
1.57
|
1.27
|
|
ALLL/Noncurrent Loans (median multiple)
|
0.65
|
0.65
|
0.65
|
0.55
|
1.11
|
|
Net Loan Losses / Total Loans (median %)
|
1.23
|
0.18
|
0.23
|
0.34
|
0.12
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|
|
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Capital / Earnings
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Tier 1 Leverage (median %)
|
10.01
|
10.04
|
9.15
|
8.43
|
10.12
|
|
Return on Assets (median %)
|
1.15
|
1.01
|
1.22
|
1.14
|
1.13
|
|
Pretax Return on Assets (median %)
|
1.78
|
1.26
|
1.68
|
1.17
|
1.64
|
|
Net Interest Margin (median %)
|
4.92
|
4.99
|
5.04
|
4.95
|
5.37
|
|
Yield on Earning Assets (median %)
|
5.55
|
5.93
|
6.39
|
6.24
|
7.27
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|
Cost of Funding Earning Assets (median %)
|
0.70
|
0.83
|
1.42
|
1.44
|
2.33
|
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Provisions to Avg. Assets (median %)
|
0.22
|
0.31
|
0.10
|
0.45
|
0.18
|
|
Noninterest Income to Avg. Assets (median %)
|
1.31
|
1.29
|
0.98
|
0.91
|
0.93
|
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Overhead to Avg. Assets (median %)
|
3.79
|
3.86
|
3.68
|
3.76
|
3.56
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Liquidity / Sensitivity
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Net Loans to Assets (median %)
|
63.5
|
64.0
|
58.3
|
61.5
|
57.7
|
|
Noncore Funding to Assets (median %)
|
17.5
|
19.5
|
23.0
|
20.3
|
20.3
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|
Long-term Assets to Assets (median %, call filers)
|
27.5
|
29.0
|
34.4
|
28.4
|
31.8
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Brokered Deposits (number of institutions)
|
3
|
2
|
2
|
2
|
2
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Brokered Deposits to Assets (median % for those above)
|
1.2
|
1.5
|
1.3
|
1.1
|
1.9
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Loan Concentrations (median % of Total Risk-Based Capital)
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Commercial and Industrial
|
82.4
|
84.7
|
84.1
|
79.5
|
110.6
|
|
Commercial Real Estate
|
354.2
|
342.2
|
309.1
|
353.5
|
390.0
|
|
Construction & Development
|
59.5
|
59.8
|
53.4
|
57.6
|
64.0
|
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Multifamily Residential Real Estate
|
8.8
|
8.2
|
9.4
|
8.0
|
6.7
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Nonresidential Real Estate
|
234.5
|
215.9
|
190.7
|
202.5
|
212.3
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Residential Real Estate
|
127.8
|
136.6
|
142.6
|
140.5
|
112.1
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Consumer
|
7.1
|
6.7
|
7.7
|
7.1
|
13.7
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Agriculture
|
3.9
|
4.0
|
0.9
|
3.8
|
1.9
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BANKING PROFILE
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