Georgia at a Glance
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ECONOMIC INDICATORS
(Change from year ago, unless noted)
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Employment Growth Rates
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Q4-10
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Q3-10
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Q4-09
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2010
|
2009
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Total Nonfarm (share of trailing four quarter employment in parentheses)
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0.0%
|
-0.4%
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-5.1%
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-1.4%
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-5.4%
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Manufacturing (9%)
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-0.1%
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-1.6%
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-12.3%
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-3.8%
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-12.5%
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Other (non-manufacturing) Goods-Producing (4%)
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-7.1%
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-6.2%
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-18.4%
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-9.9%
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-18.3%
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Private Service-Producing (69%)
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0.9%
|
0.4%
|
-3.8%
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-0.5%
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-4.7%
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Government (18%)
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-1.9%
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-1.6%
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-2.2%
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-1.5%
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-0.3%
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Unemployment Rate (% of labor force)
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10.4%
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10.2%
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10.4%
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10.2%
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9.7%
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Other Indicators
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Q4-10
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Q3-10
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Q4-09
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2010
|
2009
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Single-Family Home Permits
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-13.5%
|
-16.3%
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6.8%
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-1.4%
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-42.8%
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Multifamily Building Permits
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-56.5%
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4.5%
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-10.3%
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-26.8%
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-56.3%
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Home Price Index
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-4.6%
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-3.9%
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-5.0%
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-6.3%
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-3.2%
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Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
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7.58
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8.02
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7.38
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7.71
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7.34
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BANKING TRENDS
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General Information
|
Q4-10
|
Q3-10
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Q4-09
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2010
|
2009
|
|
Institutions (#)
|
268
|
275
|
306
|
268
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306
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|
Total Assets (in millions)
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270,042
|
274,290
|
271,449
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270,042
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271,449
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New Institutions (# < 3 years)
|
11
|
15
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24
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11
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24
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Subchapter S Institutions
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71
|
71
|
73
|
71
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73
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Asset Quality
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Q4-10
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Q3-10
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Q4-09
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2010
|
2009
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Past-Due and Nonaccrual Loans / Total Loans (median %)
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7.52
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7.51
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7.21
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7.52
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7.21
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Noncurrent Loans / Total Loans (median %)
|
4.75
|
5.00
|
4.10
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4.75
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4.10
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ALLL/Total Loans (median %)
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2.10
|
2.08
|
2.01
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2.10
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2.01
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ALLL/Noncurrent Loans (median multiple)
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0.44
|
0.40
|
0.47
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0.44
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0.47
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Net Loan Losses / Total Loans (median %)
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1.37
|
1.29
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2.14
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1.38
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1.59
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Capital / Earnings
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Q4-10
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Q3-10
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Q4-09
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2010
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2009
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Tier 1 Leverage (median %)
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8.90
|
8.90
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8.58
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8.90
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8.58
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Return on Assets (median %)
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-0.14
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-0.08
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-1.22
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-0.14
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-0.96
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Pretax Return on Assets (median %)
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-0.18
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-0.08
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-1.59
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-0.17
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-1.20
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Net Interest Margin (median %)
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3.62
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3.54
|
3.35
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3.54
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3.32
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Yield on Earning Assets (median %)
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5.12
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5.15
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5.34
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5.19
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5.54
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Cost of Funding Earning Assets (median %)
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1.52
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1.67
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2.04
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1.70
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2.27
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Provisions to Avg. Assets (median %)
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0.84
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0.76
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1.70
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0.90
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1.25
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Noninterest Income to Avg. Assets (median %)
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0.49
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0.44
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0.43
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0.47
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0.47
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Overhead to Avg. Assets (median %)
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3.26
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3.11
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3.23
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3.15
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3.00
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Liquidity / Sensitivity
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Q4-10
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Q3-10
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Q4-09
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2010
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2009
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Net Loans to Assets (median %)
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65.1
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66.9
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68.3
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65.1
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68.3
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Noncore Funding to Assets (median %)
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26.7
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27.7
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30.6
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26.7
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30.6
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Long-term Assets to Assets (median %, call filers)
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13.6
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13.3
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12.2
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13.6
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12.2
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Brokered Deposits (number of institutions)
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149
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154
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202
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149
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202
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Brokered Deposits to Assets (median % for those above)
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4.9
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6.0
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9.0
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4.9
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9.0
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Loan Concentrations (median % of Total Risk-Based Capital)
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Q4-10
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Q3-10
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Q4-09
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2010
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2009
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Commercial and Industrial
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60.3
|
60.5
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65.4
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60.3
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65.4
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Commercial Real Estate
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322.7
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324.0
|
358.8
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322.7
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358.8
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Construction & Development
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72.6
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77.4
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104.9
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72.6
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104.9
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Multifamily Residential Real Estate
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9.5
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10.2
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10.2
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9.5
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10.2
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Nonresidential Real Estate
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225.8
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225.8
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236.5
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225.8
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236.5
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Residential Real Estate
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182.0
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177.0
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185.4
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182.0
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185.4
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Consumer
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27.9
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27.8
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27.8
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27.9
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27.8
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Agriculture
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21.2
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23.9
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18.6
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21.2
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18.6
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BANKING PROFILE
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