Nevada at a Glance
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ECONOMIC INDICATORS
(Change from year ago, unless noted)
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|
Employment Growth Rates
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
-6.3%
|
-4.9%
|
-1.4%
|
-2.0%
|
1.0%
|
|
Manufacturing (4%)
|
-7.8%
|
-6.9%
|
-3.5%
|
-3.8%
|
-0.3%
|
|
Other (non-manufacturing) Goods-Producing (10%)
|
-19.4%
|
-15.2%
|
-11.0%
|
-11.1%
|
-5.7%
|
|
Private Service-Producing (74%)
|
-5.1%
|
-4.3%
|
-0.5%
|
-1.4%
|
1.6%
|
|
Government (13%)
|
-2.5%
|
0.1%
|
2.9%
|
3.0%
|
4.5%
|
|
Unemployment Rate (% of labor force)
|
11.2%
|
9.9%
|
6.1%
|
6.7%
|
4.7%
|
| |
|
|
|
|
|
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Other Indicators
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Single-Family Home Permits
|
-55.9%
|
-51.1%
|
-51.9%
|
-57.0%
|
-38.2%
|
|
Multifamily Building Permits
|
-64.9%
|
-56.9%
|
116.9%
|
-33.2%
|
7.9%
|
|
Home Price Index
|
-19.4%
|
-19.9%
|
-15.5%
|
-17.6%
|
-3.4%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
12.01
|
8.68
|
7.20
|
7.00
|
4.16
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|
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BANKING TRENDS
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|
General Information
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Institutions (#)
|
39
|
40
|
45
|
41
|
44
|
|
Total Assets (in millions)
|
1,293,115
|
1,267,795
|
1,668,448
|
1,353,257
|
1,679,552
|
|
New Institutions (# < 3 years)
|
9
|
9
|
12
|
9
|
11
|
|
Subchapter S Institutions
|
5
|
5
|
7
|
6
|
7
|
| |
|
|
|
|
|
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Asset Quality
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
9.07
|
5.83
|
3.33
|
5.25
|
1.51
|
|
Noncurrent Loans / Total Loans (median %)
|
5.27
|
4.03
|
1.92
|
2.86
|
0.48
|
|
ALLL/Total Loans (median %)
|
2.27
|
2.16
|
1.39
|
1.78
|
1.19
|
|
ALLL/Noncurrent Loans (median multiple)
|
0.44
|
0.52
|
0.54
|
0.59
|
1.37
|
|
Net Loan Losses / Total Loans (median %)
|
1.65
|
0.58
|
0.06
|
0.60
|
0.04
|
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|
|
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Capital / Earnings
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Tier 1 Leverage (median %)
|
10.21
|
10.36
|
11.17
|
10.91
|
11.29
|
|
Return on Assets (median %)
|
-0.86
|
-1.05
|
0.11
|
-0.50
|
1.15
|
|
Pretax Return on Assets (median %)
|
-1.12
|
-1.20
|
0.17
|
-0.83
|
1.40
|
|
Net Interest Margin (median %)
|
3.76
|
3.78
|
4.15
|
4.17
|
4.85
|
|
Yield on Earning Assets (median %)
|
5.41
|
5.60
|
6.49
|
6.40
|
7.76
|
|
Cost of Funding Earning Assets (median %)
|
1.60
|
1.62
|
2.20
|
2.18
|
3.00
|
|
Provisions to Avg. Assets (median %)
|
2.42
|
1.24
|
1.04
|
0.78
|
0.33
|
|
Noninterest Income to Avg. Assets (median %)
|
0.37
|
0.32
|
0.26
|
0.25
|
0.24
|
|
Overhead to Avg. Assets (median %)
|
3.57
|
3.81
|
3.92
|
4.03
|
3.50
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Liquidity / Sensitivity
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Net Loans to Assets (median %)
|
73.5
|
73.3
|
73.6
|
75.3
|
73.3
|
|
Noncore Funding to Assets (median %)
|
36.5
|
35.0
|
31.0
|
34.0
|
22.9
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|
Long-term Assets to Assets (median %, call filers)
|
15.5
|
14.0
|
11.9
|
12.5
|
9.8
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|
Brokered Deposits (number of institutions)
|
27
|
27
|
25
|
28
|
24
|
|
Brokered Deposits to Assets (median % for those above)
|
13.1
|
12.6
|
15.7
|
13.8
|
11.6
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Loan Concentrations (median % of Total Risk-Based Capital)
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Commercial and Industrial
|
63.0
|
62.7
|
75.4
|
70.1
|
53.2
|
|
Commercial Real Estate
|
269.5
|
261.8
|
208.7
|
240.8
|
180.9
|
|
Construction & Development
|
85.6
|
88.4
|
107.7
|
93.7
|
97.0
|
|
Multifamily Residential Real Estate
|
1.1
|
0.9
|
0.2
|
1.3
|
0.0
|
|
Nonresidential Real Estate
|
170.8
|
166.0
|
112.0
|
145.3
|
90.0
|
|
Residential Real Estate
|
42.8
|
32.7
|
30.9
|
31.8
|
22.0
|
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Consumer
|
6.7
|
7.0
|
6.6
|
6.4
|
4.9
|
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Agriculture
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
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BANKING PROFILE
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