Table 8
Comparison of Low-Cost Failures and Near-Failures |
| |
Low-Cost |
High-Cost |
Difference |
| AS OF THE PCA DATE |
| Number of Institutions |
16 |
39 |
23 |
| Median Total Assets ($MM) |
66 |
57 |
(9) |
| Median Asset Growth |
(18.04) |
(8.52) |
9.52 |
| Institutions with CAMELS Rating of 4 or 5 (%) |
93.80 |
84.60 |
(9.20) |
| Median Balance Sheet Percentages |
| Investment Securities |
10.14 |
11.51 |
1.37 |
| 1-4 Family Mortgages |
15.61 |
16.38 |
0.77 |
| Commercial Real Estate |
15.93 |
11.03 |
(4.90) |
| Multifamily Real Estate |
1.55 |
1.04 |
(0.51) |
| Commercial & Industrial Loans |
10.51 |
11.84 |
1.33 |
| Deposits |
95.13 |
98.00 |
2.87** |
| Median Rolling Four-Quarter Performance Ratios |
| Return on Assets |
(5.23) |
(5.76) |
(0.53) |
| Return on Equity |
(106.23) |
(124.24) |
(18.01) |
| Yield on Earning Assets |
8.11 |
8.77 |
0.66 |
| Cost of Funding Earning Assets |
3.69 |
4.37 |
0.68** |
| Net Interest Margin |
4.41 |
4.69 |
0.28 |
| Noninterest Income to Earning Assets |
1.36 |
1.12 |
(0.24) |
| Noninterest Expense to Earning Assets |
7.87 |
6.66 |
(1.21) |
| Net Operating Income to Assets |
(4.85) |
(6.04) |
(1.19)* |
| Net Charge-offs to Loans |
3.85 |
3.98 |
0.13 |
| Loss Provision to Average Assets |
2.44 |
3.58 |
1.14 |
| Loss Provision to Net Charge-offs |
129.41 |
122.95 |
(6.46) |
| Efficiency Ratio |
117.61 |
123.03 |
5.42 |
| Median Condition Ratios |
| Loss Allowance to Loans |
4.50 |
4.50 |
0.00 |
| Loss Allowance to Noncurrent (Coverage Ratio) |
69.03 |
63.98 |
(5.05) |
| Noncurrent & OREO to Assets |
6.44 |
6.69 |
0.25 |
| OREO to Assets |
0.46 |
0.80 |
0.34 |
| Noncurrent RE Loans to RE Loans |
4.35 |
3.54 |
(0.81) |
| Noncurrent Loans & Leases to Loans & Leases |
5.67 |
7.24 |
1.57 |
| Noncurrent Loan Growth |
14.21 |
29.44 |
15.23 |
| Equity Capital Ratio |
2.09 |
0.97 |
(1.12)** |
| Core Capital (Leverage) Ratio |
2.03 |
0.87 |
(1.16)*** |
| Equity Capital plus Reserves to Assets |
5.79 |
4.03 |
(1.76) |
| AS OF MID-YEAR BEFORE PCA DATE, OR MOST RECENT EXAM |
| Median Economic Condition Measures |
| Problem Bank Index |
0.01 |
0.02 |
0.01a |
| Geographic Diversification Index |
1.00 |
1.00 |
0.00a |
| Median Examiner Classification Ratios |
| Reserves to Estimated Reserves |
114.13 |
94.81 |
(19.32)a |
| Classified Assets to Assets |
12.20 |
10.47 |
(1.73)a |
|
*Significant at the 10% level
**Significant at the 5% level
***Significant at the 1% level
aUntested
|
