Arkansas 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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-2.1%
|
-0.6%
|
0.4%
|
0.0%
|
0.5%
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Manufacturing (15%)
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-8.5%
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-4.2%
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-3.7%
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-3.5%
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-4.8%
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Other (non-manufacturing) Goods-Producing (6%)
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1.0%
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2.7%
|
1.1%
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1.8%
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2.0%
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Private Service-Producing (62%)
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-1.9%
|
-0.7%
|
1.1%
|
0.2%
|
1.5%
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Government (18%)
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1.9%
|
1.9%
|
1.3%
|
1.7%
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1.5%
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Unemployment Rate (% of labor force)
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6.4%
|
5.5%
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4.8%
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5.1%
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5.1%
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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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-36.8%
|
-39.2%
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-38.8%
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-32.6%
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-27.1%
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|
Multifamily Building Permits
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-21.0%
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4.5%
|
2.2%
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12.7%
|
3.7%
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Home Price Index
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0.4%
|
0.0%
|
1.9%
|
0.8%
|
3.9%
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|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
4.80
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5.05
|
4.62
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4.73
|
4.05
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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 (#)
|
141
|
143
|
149
|
143
|
150
|
|
Total Assets (in millions)
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54,031
|
52,944
|
53,132
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52,944
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51,657
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New Institutions (# < 3 years)
|
0
|
0
|
1
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0
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2
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Subchapter S Institutions
|
36
|
36
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38
|
36
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35
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|
|
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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 %)
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2.99
|
2.82
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2.66
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2.82
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2.58
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ALLL/Total Loans (median %)
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1.41
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1.34
|
1.38
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1.34
|
1.32
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ALLL/Noncurrent Loans (median multiple)
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1.13
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1.11
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1.09
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1.11
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1.44
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Net Loan Losses / Total Loans (median %)
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0.14
|
0.36
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0.07
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0.33
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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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9.79
|
9.65
|
9.56
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9.65
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9.62
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Return on Assets (median %)
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0.94
|
0.83
|
1.03
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0.94
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0.94
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Pretax Return on Assets (median %)
|
1.18
|
1.09
|
1.31
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1.26
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1.25
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Net Interest Margin (median %)
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3.83
|
3.98
|
3.84
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3.99
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3.95
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Yield on Earning Assets (median %)
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5.80
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6.21
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6.87
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6.56
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7.35
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Cost of Funding Earning Assets (median %)
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1.99
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2.28
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3.04
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2.57
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3.31
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Provisions to Avg. Assets (median %)
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0.22
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0.33
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0.12
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0.24
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0.15
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Noninterest Income to Avg. Assets (median %)
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0.68
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0.76
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0.75
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0.74
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0.78
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Overhead to Avg. Assets (median %)
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2.85
|
3.01
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2.72
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2.81
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2.79
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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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65.4
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67.0
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64.0
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67.0
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65.9
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Noncore Funding to Assets (median %)
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28.4
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28.8
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29.3
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28.8
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28.4
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Long-term Assets to Assets (median %, call filers)
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16.4
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16.8
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16.9
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16.8
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14.3
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Brokered Deposits (number of institutions)
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74
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74
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69
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74
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72
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Brokered Deposits to Assets (median % for those above)
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4.0
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4.3
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5.4
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4.3
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5.7
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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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72.7
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74.7
|
85.2
|
74.7
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84.1
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Commercial Real Estate
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220.4
|
228.7
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238.2
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228.7
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241.0
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Construction & Development
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62.9
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69.1
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75.3
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69.1
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74.7
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Multifamily Residential Real Estate
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7.7
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7.5
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7.3
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7.5
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5.8
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Nonresidential Real Estate
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138.2
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144.7
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133.9
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144.7
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143.8
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Residential Real Estate
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151.8
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154.1
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146.2
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154.1
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142.9
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Consumer
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41.9
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43.0
|
44.8
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43.0
|
45.8
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Agriculture
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45.2
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48.3
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43.5
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48.3
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42.8
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BANKING PROFILE
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