Table 7
Kendall Tau Correlation Coefficients Resolution and Receivership Items versus Total Loss Rate |
| |
All Failures |
| Number of Institutions |
45 |
| Median Total Assets ($MM) |
(0.06) |
| Median Resolution Data |
| Total Bid/Total Deposits |
(0.15) |
| Deposit Bid/Total Deposits |
(0.22)** |
Median Loss Rates over Life of the Receivership
(as % of Total Assets at Failure) |
| Investment Securities Loss |
(0.03) |
| C&I Loan Loss |
0.44*** |
| Mortgage Loan Loss |
0.19* |
| Consumer Loan Loss |
0.25** |
| Owned Real Estate (OREO) Loss |
0.28*** |
| Investment in Subsidiaries Loss |
0.09 |
| Other Asset Loss |
0.09 |
| Total Asset Loss |
0.48*** |
| Median Receivership Reserve Ratios |
| Reserves/Total Assets |
(0.03) |
| Reserves/Total Asset Losses |
(0.27)** |
| Median Performance over Life of the Receivership |
Percentage Point Change in Cost Estimate
(Original to 12/2000) |
0.44*** |
| (as % of Total Assets at Failure) |
| Receivership Income |
0.27*** |
| Receivership Expenses (Excludes Holding Costs) |
0.48*** |
| Holding Costs |
0.24** |
| Assets Passed to Acquirer |
0.30*** |
| (as % of Total Expenses) |
| Legal Expenses |
0.09 |
| OREO Expenses (Net of OREO Income) |
(0.18)* |
| Indirect Expenses |
0.21** |
|
*Significant at the 10% level
**Significant at the 5% level
***Significant at the 1% level
|
