Louisiana - Second Quarter 2008
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ECONOMIC INDICATORS
(Change from year ago, unless noted)
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|
Employment Growth Rates
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Q2-08
|
Q1-08
|
Q2-07
|
2007
|
2006
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
1.5%
|
2.1%
|
3.7%
|
3.6%
|
-2.0%
|
|
Manufacturing (8%)
|
-0.2%
|
1.9%
|
4.4%
|
3.5%
|
0.3%
|
|
Other (non-manufacturing) Goods-Producing (10%)
|
2.4%
|
3.8%
|
2.0%
|
3.3%
|
9.3%
|
|
Private Service-Producing (63%)
|
1.4%
|
1.7%
|
3.9%
|
3.9%
|
-2.4%
|
|
Government (19%)
|
2.3%
|
2.8%
|
3.2%
|
3.1%
|
-6.9%
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|
Unemployment Rate (% of labor force)
|
4.0%
|
4.1%
|
3.9%
|
3.8%
|
4.0%
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|
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Other Indicators
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Q2-08
|
Q1-08
|
Q2-07
|
2007
|
2006
|
|
Single-Family Home Permits
|
-24.1%
|
-18.1%
|
-13.5%
|
-25.7%
|
7.9%
|
|
Multifamily Building Permits
|
-36.3%
|
12.6%
|
170.9%
|
62.3%
|
107.0%
|
|
Home Price Index
|
2.7%
|
3.5%
|
6.5%
|
6.1%
|
11.5%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
3.14
|
3.62
|
3.25
|
3.21
|
2.55
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BANKING TRENDS
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|
General Information
|
Q2-08
|
Q1-08
|
Q2-07
|
2007
|
2006
|
|
Institutions (#)
|
161
|
162
|
166
|
162
|
166
|
|
Total Assets (in millions)
|
51,247
|
50,356
|
79,348
|
49,523
|
76,372
|
|
New Institutions (# < 3 years)
|
3
|
4
|
5
|
4
|
5
|
|
Subchapter S Institutions
|
57
|
56
|
52
|
51
|
49
|
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|
|
|
|
|
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Asset Quality
|
Q2-08
|
Q1-08
|
Q2-07
|
2007
|
2006
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
2.14
|
2.34
|
1.92
|
2.41
|
2.06
|
|
ALLL/Total Loans (median %)
|
1.07
|
1.08
|
1.15
|
1.11
|
1.21
|
|
ALLL/Noncurrent Loans (median multiple)
|
1.14
|
1.33
|
1.51
|
1.53
|
1.74
|
|
Net Loan Losses / Total Loans (median %)
|
0.04
|
0.04
|
0.03
|
0.08
|
0.09
|
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|
|
|
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Capital / Earnings
|
Q2-08
|
Q1-08
|
Q2-07
|
2007
|
2006
|
|
Tier 1 Leverage (median %)
|
9.75
|
9.83
|
10.02
|
9.81
|
9.64
|
|
Return on Assets (median %)
|
1.10
|
1.22
|
1.20
|
1.19
|
1.21
|
|
Pretax Return on Assets (median %)
|
1.44
|
1.54
|
1.60
|
1.53
|
1.61
|
|
Net Interest Margin (median %)
|
4.40
|
4.39
|
4.55
|
4.56
|
4.69
|
|
Yield on Earning Assets (median %)
|
6.57
|
6.87
|
7.30
|
7.20
|
6.82
|
|
Cost of Funding Earning Assets (median %)
|
2.30
|
2.50
|
2.80
|
2.75
|
2.30
|
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Provisions to Avg. Assets (median %)
|
0.08
|
0.04
|
0.03
|
0.05
|
0.09
|
|
Noninterest Income to Avg. Assets (median %)
|
0.84
|
0.84
|
0.85
|
0.90
|
0.87
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|
Overhead to Avg. Assets (median %)
|
3.35
|
3.36
|
3.34
|
3.41
|
3.43
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Liquidity / Sensitivity
|
Q2-08
|
Q1-08
|
Q2-07
|
2007
|
2006
|
|
Loans to Assets (median %)
|
66.3
|
65.8
|
64.1
|
65.0
|
61.0
|
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Noncore Funding to Assets (median %)
|
21.8
|
22.1
|
21.2
|
21.3
|
21.1
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|
Long-term Assets to Assets (median %, call filers)
|
15.5
|
14.7
|
12.4
|
12.5
|
12.0
|
|
Brokered Deposits (number of institutions)
|
34
|
35
|
34
|
36
|
32
|
|
Brokered Deposits to Assets (median % for those above)
|
1.3
|
1.3
|
1.6
|
1.4
|
1.7
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Loan Concentrations (median % of Tier 1 Capital)
|
Q2-08
|
Q1-08
|
Q2-07
|
2007
|
2006
|
|
Commercial and Industrial
|
75.1
|
76.4
|
76.7
|
73.8
|
72.8
|
|
Commercial Real Estate
|
217.6
|
212.3
|
189.5
|
213.5
|
184.8
|
|
Construction & Development
|
48.8
|
50.9
|
44.9
|
50.6
|
38.7
|
|
Multifamily Residential Real Estate
|
5.6
|
5.3
|
4.5
|
5.0
|
3.8
|
|
Nonresidential Real Estate
|
134.2
|
132.8
|
127.5
|
129.9
|
124.6
|
|
Residential Real Estate
|
183.8
|
184.5
|
186.0
|
181.8
|
181.1
|
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Consumer
|
51.4
|
49.5
|
50.3
|
52.4
|
52.2
|
|
Agriculture
|
13.3
|
10.7
|
15.5
|
11.1
|
12.6
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BANKING PROFILE
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