Kentucky 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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Q1-09
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Q4-08
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Q1-08
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2008
|
2007
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|
Total Nonfarm (share of trailing four quarter employment in parentheses)
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-3.3%
|
-1.9%
|
0.3%
|
-0.7%
|
1.1%
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Manufacturing (13%)
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-13.6%
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-6.8%
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-2.0%
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-4.2%
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-1.9%
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Other (non-manufacturing) Goods-Producing (6%)
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-7.7%
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-1.6%
|
0.8%
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0.4%
|
1.3%
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Private Service-Producing (64%)
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-1.2%
|
-1.1%
|
0.5%
|
-0.1%
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1.6%
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Government (17%)
|
-1.3%
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-1.0%
|
1.3%
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-0.2%
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1.6%
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Unemployment Rate (% of labor force)
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9.3%
|
7.2%
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5.7%
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6.5%
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5.5%
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Other Indicators
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Q1-09
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Q4-08
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Q1-08
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2008
|
2007
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Single-Family Home Permits
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-41.9%
|
-43.8%
|
-49.0%
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-40.8%
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-18.1%
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|
Multifamily Building Permits
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-21.2%
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18.2%
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-39.3%
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20.7%
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19.5%
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Home Price Index
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0.8%
|
1.1%
|
2.6%
|
2.0%
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3.1%
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|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
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5.63
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4.98
|
4.79
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4.91
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3.98
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BANKING TRENDS
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General Information
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
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Institutions (#)
|
199
|
198
|
204
|
198
|
206
|
|
Total Assets (in millions)
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50,923
|
50,964
|
48,751
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50,964
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48,169
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New Institutions (# < 3 years)
|
2
|
3
|
4
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3
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4
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Subchapter S Institutions
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62
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58
|
59
|
58
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54
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|
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Asset Quality
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Q1-09
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Q4-08
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Q1-08
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2008
|
2007
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Past-Due and Nonaccrual Loans / Total Loans (median %)
|
3.17
|
3.00
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2.58
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3.00
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2.49
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ALLL/Total Loans (median %)
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1.27
|
1.23
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1.23
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1.23
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1.22
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ALLL/Noncurrent Loans (median multiple)
|
0.93
|
1.05
|
1.12
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1.05
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1.39
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Net Loan Losses / Total Loans (median %)
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0.13
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0.26
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0.08
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0.23
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0.17
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Capital / Earnings
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Q1-09
|
Q4-08
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Q1-08
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2008
|
2007
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Tier 1 Leverage (median %)
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10.02
|
10.08
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10.18
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10.08
|
10.09
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Return on Assets (median %)
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0.83
|
0.75
|
0.98
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0.84
|
0.99
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Pretax Return on Assets (median %)
|
1.00
|
0.90
|
1.23
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1.04
|
1.30
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Net Interest Margin (median %)
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3.73
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3.85
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3.80
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3.87
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3.92
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Yield on Earning Assets (median %)
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5.89
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6.16
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6.75
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6.45
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7.11
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Cost of Funding Earning Assets (median %)
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2.12
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2.36
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2.96
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2.59
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3.20
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Provisions to Avg. Assets (median %)
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0.17
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0.30
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0.11
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0.20
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0.13
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Noninterest Income to Avg. Assets (median %)
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0.66
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0.69
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0.70
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0.73
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0.75
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Overhead to Avg. Assets (median %)
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2.97
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3.05
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2.95
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3.00
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3.01
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Liquidity / Sensitivity
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Q1-09
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Q4-08
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Q1-08
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2008
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2007
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Loans to Assets (median %)
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67.4
|
69.4
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65.7
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69.4
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66.8
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Noncore Funding to Assets (median %)
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26.2
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27.2
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25.6
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27.2
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24.8
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Long-term Assets to Assets (median %, call filers)
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24.2
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24.7
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22.8
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24.7
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21.3
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Brokered Deposits (number of institutions)
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61
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60
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57
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60
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57
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Brokered Deposits to Assets (median % for those above)
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4.3
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3.9
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3.6
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3.9
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3.1
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Loan Concentrations (median % of Tier 1 Capital)
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Q1-09
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Q4-08
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Q1-08
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2008
|
2007
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Commercial and Industrial
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48.9
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50.1
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53.2
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50.1
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51.1
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Commercial Real Estate
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211.4
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213.1
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193.7
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213.1
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198.6
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Construction & Development
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32.3
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36.4
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36.5
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36.4
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33.9
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Multifamily Residential Real Estate
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7.5
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7.7
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5.8
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7.7
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5.1
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Nonresidential Real Estate
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145.2
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142.1
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126.3
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142.1
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125.5
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Residential Real Estate
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269.0
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269.9
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257.0
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269.9
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258.3
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Consumer
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40.2
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42.4
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44.1
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42.4
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46.5
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Agriculture
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42.7
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43.2
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41.0
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43.2
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40.7
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BANKING PROFILE
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