Table 1
Comparison of Failures and Near-Failures |
| |
Failures |
Near-Failures |
Difference |
| AS OF THE PCA DATE |
| Number of Institutions |
45 |
39 |
(6) |
| Median Total Assets ($MM) |
64 |
57 |
(7) |
| Median Asset Growth |
(12.61) |
(8.52) |
4.09* |
| Institutions with CAMELS Rating of 4 or 5 (%) |
93.30 |
84.60 |
(8.70) |
| Median Balance Sheet Percentages |
| Investment Securities |
9.40 |
11.51 |
2.11 |
| 1-4 Family Mortgages |
11.08 |
16.38 |
5.30 |
| Commercial Real Estate |
16.27 |
11.03 |
(5.24) |
| Multifamily Real Estate |
1.40 |
1.04 |
(0.36) |
| Commercial & Industrial Loans |
10.91 |
11.84 |
0.93 |
| Deposits |
97.00 |
98.00 |
1.00 |
| Median Rolling Four-Quarter Performance Ratios |
| Return on Assets |
(5.62) |
(5.76) |
(0.14) |
| Return on Equity |
(124.93) |
(124.24) |
0.69 |
| Yield on Earning Assets |
8.40 |
8.77 |
0.37 |
| Cost of Funding Earning Assets |
3.85 |
4.37 |
0.52 |
| Net Interest Margin |
4.62 |
4.69 |
0.07 |
| Noninterest Income to Earning Assets |
1.58 |
1.12 |
(0.46) |
| Noninterest Expense to Earning Assets |
8.19 |
6.66 |
(1.53)* |
| Net Operating Income to Assets |
(5.60) |
(6.04) |
(0.44) |
| Net Charge-offs to Loans |
3.44 |
3.98 |
0.54 |
| Loss Provision to Average Assets |
3.37 |
3.58 |
0.21 |
| Loss Provision to Net Charge-offs |
120.18 |
122.95 |
2.77 |
| Efficiency Ratio |
135.07 |
123.03 |
(12.04) |
| Median Condition Ratios |
| Loss Allowance to Loans |
4.37 |
4.50 |
0.13 |
| Loss Allowance to Noncurrent (Coverage Ratio) |
43.00 |
63.98 |
20.98** |
| Noncurrent & OREO to Assets |
9.93 |
6.69 |
(3.24)* |
| OREO to Assets |
2.47 |
0.80 |
(1.67)* |
| Noncurrent RE Loans to RE Loans |
7.97 |
3.54 |
(4.43)** |
| Noncurrent Loans & Leases to Loans & Leases |
9.54 |
7.24 |
(2.30) |
| Noncurrent Loan Growth |
31.20 |
29.44 |
(1.76) |
| Equity Capital Ratio |
1.39 |
0.97 |
(0.42) |
| Core Capital (Leverage) Ratio |
1.28 |
0.87 |
(0.41)** |
| Equity Capital plus Reserves to Assets |
4.22 |
4.03 |
(0.19) |
| AS OF MID-YEAR BEFORE PCA DATE, OR MOST RECENT EXAM |
| Median Economic Condition Measures |
| Problem Bank Index |
0.08 |
0.02 |
(0.06) |
| Geographic Diversification Index |
1.00 |
1.00 |
0.00 |
| Median Examiner Classification Ratios |
| Reserves to Estimated Reserves |
101.34 |
94.81 |
(6.52) |
| Classified Assets to Assets |
13.00 |
10.47 |
(2.52) |
|
Note: For failed institutions that did not file a Call Report or TFR showing that they were critically undercapitalized, the Final Call Report or TFR was used.
*Significant at the 10% level
**Significant at the 5% level
***Significant at the 1% level
|
