Idaho - First Quarter 2008
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ECONOMIC INDICATORS
(Change from year ago, unless noted)
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|
Employment Growth Rates
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
0.7%
|
2.1%
|
3.3%
|
2.7%
|
4.4%
|
|
Manufacturing (10%)
|
-4.5%
|
-2.1%
|
2.5%
|
0.2%
|
4.0%
|
|
Other (non-manufacturing) Goods-Producing (9%)
|
-4.2%
|
-1.0%
|
5.4%
|
1.3%
|
14.3%
|
|
Private Service-Producing (63%)
|
1.2%
|
2.8%
|
4.3%
|
3.7%
|
4.3%
|
|
Government (18%)
|
4.0%
|
3.3%
|
-0.6%
|
1.2%
|
0.8%
|
|
Unemployment Rate (% of labor force)
|
2.9%
|
2.7%
|
2.8%
|
2.7%
|
3.2%
|
| |
|
|
|
|
|
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Other Indicators
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Single-Family Home Permits
|
-45.3%
|
-31.0%
|
-29.7%
|
-30.9%
|
-17.8%
|
|
Multifamily Building Permits
|
-79.0%
|
-1.6%
|
83.7%
|
16.8%
|
-18.9%
|
|
Home Price Index
|
2.6%
|
4.4%
|
12.2%
|
7.7%
|
17.6%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
2.48
|
2.38
|
2.32
|
2.48
|
1.96
|
| |
|
|
|
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BANKING TRENDS
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|
General Information
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Institutions (#)
|
20
|
19
|
18
|
19
|
19
|
|
Total Assets (in millions)
|
7,652
|
7,596
|
7,009
|
7,596
|
6,924
|
|
New Institutions (# < 3 years)
|
4
|
3
|
2
|
3
|
2
|
|
Subchapter S Institutions
|
2
|
2
|
2
|
2
|
1
|
| |
|
|
|
|
|
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Asset Quality
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
1.30
|
1.43
|
0.65
|
1.43
|
0.51
|
|
ALLL/Total Loans (median %)
|
1.24
|
1.22
|
1.30
|
1.22
|
1.36
|
|
ALLL/Noncurrent Loans (median multiple)
|
1.78
|
1.87
|
5.60
|
1.87
|
3.55
|
|
Net Loan Losses / Total Loans (median %)
|
0.07
|
0.16
|
0.00
|
0.07
|
0.01
|
| |
|
|
|
|
|
|
Capital / Earnings
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Tier 1 Leverage (median %)
|
10.94
|
10.63
|
9.48
|
10.63
|
9.69
|
|
Return on Assets (median %)
|
0.70
|
1.21
|
1.04
|
1.00
|
1.01
|
|
Pretax Return on Assets (median %)
|
1.03
|
1.57
|
1.61
|
1.33
|
1.43
|
|
Net Interest Margin (median %)
|
4.43
|
4.86
|
4.94
|
5.07
|
5.15
|
|
Yield on Earning Assets (median %)
|
7.32
|
8.04
|
7.98
|
8.05
|
7.80
|
|
Cost of Funding Earning Assets (median %)
|
2.71
|
2.93
|
3.04
|
3.00
|
2.50
|
|
Provisions to Avg. Assets (median %)
|
0.22
|
0.21
|
0.19
|
0.14
|
0.26
|
|
Noninterest Income to Avg. Assets (median %)
|
0.76
|
0.92
|
0.84
|
0.86
|
0.80
|
|
Overhead to Avg. Assets (median %)
|
3.81
|
3.65
|
3.67
|
3.68
|
3.67
|
| |
|
|
|
|
|
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Liquidity / Sensitivity
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Loans to Assets (median %)
|
79.1
|
77.3
|
77.5
|
77.3
|
76.4
|
|
Noncore Funding to Assets (median %)
|
26.5
|
25.2
|
19.9
|
25.2
|
23.6
|
|
Long-term Assets to Assets (median %, call filers)
|
7.8
|
10.6
|
8.1
|
10.6
|
10.0
|
|
Brokered Deposits (number of institutions)
|
7
|
7
|
8
|
7
|
9
|
|
Brokered Deposits to Assets (median % for those above)
|
10.5
|
6.4
|
7.1
|
6.4
|
4.4
|
| |
|
|
|
|
|
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Loan Concentrations (median % of Tier 1 Capital)
|
Q1-08
|
Q4-07
|
Q1-07
|
2007
|
2006
|
|
Commercial and Industrial
|
119.3
|
120.9
|
114.5
|
120.9
|
126.4
|
|
Commercial Real Estate
|
372.1
|
359.6
|
414.2
|
359.6
|
393.6
|
|
Construction & Development
|
157.6
|
159.9
|
176.2
|
159.9
|
151.3
|
|
Multifamily Residential Real Estate
|
3.0
|
2.7
|
1.6
|
2.7
|
1.6
|
|
Nonresidential Real Estate
|
152.8
|
154.7
|
177.3
|
154.7
|
166.1
|
|
Residential Real Estate
|
85.8
|
83.5
|
84.9
|
83.5
|
84.9
|
|
Consumer
|
19.1
|
29.5
|
23.7
|
29.5
|
28.3
|
|
Agriculture
|
4.3
|
4.1
|
3.3
|
4.1
|
13.2
|
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BANKING PROFILE
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