Texas 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
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
-0.6%
|
1.2%
|
3.0%
|
2.1%
|
3.3%
|
|
Manufacturing (9%)
|
-4.7%
|
-2.2%
|
-0.1%
|
-1.1%
|
1.1%
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|
Other (non-manufacturing) Goods-Producing (8%)
|
-3.5%
|
2.6%
|
7.8%
|
5.4%
|
8.1%
|
|
Private Service-Producing (66%)
|
-0.2%
|
1.3%
|
3.0%
|
2.1%
|
3.4%
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|
Government (17%)
|
1.7%
|
1.8%
|
2.7%
|
2.4%
|
1.6%
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Unemployment Rate (% of labor force)
|
6.5%
|
5.4%
|
4.5%
|
4.9%
|
4.4%
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Other Indicators
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Q1-09
|
Q4-08
|
Q1-08
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2008
|
2007
|
|
Single-Family Home Permits
|
-36.6%
|
-41.3%
|
-34.6%
|
-33.1%
|
-26.8%
|
|
Multifamily Building Permits
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-55.5%
|
-42.1%
|
23.7%
|
-14.2%
|
6.4%
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|
Home Price Index
|
2.1%
|
2.6%
|
4.7%
|
3.5%
|
6.0%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
1.84
|
1.77
|
1.68
|
1.69
|
1.70
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BANKING TRENDS
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General Information
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Institutions (#)
|
640
|
644
|
652
|
644
|
659
|
|
Total Assets (in millions)
|
370,933
|
365,036
|
345,709
|
365,036
|
345,837
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|
New Institutions (# < 3 years)
|
37
|
38
|
41
|
38
|
39
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|
Subchapter S Institutions
|
296
|
288
|
292
|
288
|
285
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|
|
|
|
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Asset Quality
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
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|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
2.00
|
1.77
|
1.70
|
1.77
|
1.59
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|
ALLL/Total Loans (median %)
|
1.21
|
1.18
|
1.12
|
1.18
|
1.12
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ALLL/Noncurrent Loans (median multiple)
|
1.50
|
1.66
|
2.13
|
1.66
|
2.21
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|
Net Loan Losses / Total Loans (median %)
|
0.06
|
0.16
|
0.03
|
0.14
|
0.09
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Capital / Earnings
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
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|
Tier 1 Leverage (median %)
|
9.35
|
9.33
|
9.60
|
9.33
|
9.62
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Return on Assets (median %)
|
0.95
|
0.73
|
1.09
|
0.95
|
1.16
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Pretax Return on Assets (median %)
|
1.16
|
0.92
|
1.31
|
1.16
|
1.43
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Net Interest Margin (median %)
|
4.03
|
4.15
|
4.19
|
4.15
|
4.38
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Yield on Earning Assets (median %)
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5.60
|
5.97
|
6.60
|
6.23
|
7.06
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Cost of Funding Earning Assets (median %)
|
1.49
|
1.74
|
2.36
|
1.99
|
2.58
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Provisions to Avg. Assets (median %)
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0.15
|
0.23
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0.10
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0.19
|
0.11
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Noninterest Income to Avg. Assets (median %)
|
0.68
|
0.71
|
0.75
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0.74
|
0.81
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Overhead to Avg. Assets (median %)
|
3.18
|
3.37
|
3.29
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3.30
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3.32
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Liquidity / Sensitivity
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Q1-09
|
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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58.8
|
59.4
|
56.8
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59.4
|
57.3
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Noncore Funding to Assets (median %)
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22.5
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22.4
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21.6
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22.4
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20.5
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Long-term Assets to Assets (median %, call filers)
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20.1
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19.6
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16.3
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19.6
|
13.9
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Brokered Deposits (number of institutions)
|
186
|
190
|
152
|
190
|
134
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Brokered Deposits to Assets (median % for those above)
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4.4
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4.1
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4.3
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4.1
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4.6
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Loan Concentrations (median % of Tier 1 Capital)
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Q1-09
|
Q4-08
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Q1-08
|
2008
|
2007
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Commercial and Industrial
|
91.2
|
93.1
|
92.4
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93.1
|
92.1
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Commercial Real Estate
|
198.1
|
203.3
|
176.4
|
203.3
|
175.5
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Construction & Development
|
47.0
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53.0
|
45.1
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53.0
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42.1
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Multifamily Residential Real Estate
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2.2
|
2.0
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1.1
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2.0
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1.1
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Nonresidential Real Estate
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130.3
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128.2
|
108.8
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128.2
|
109.2
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Residential Real Estate
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111.3
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107.3
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93.1
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107.3
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90.0
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Consumer
|
47.9
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51.2
|
51.4
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51.2
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52.2
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Agriculture
|
32.3
|
33.7
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34.1
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33.7
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32.8
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BANKING PROFILE
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