New Hampshire 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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Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
-2.2%
|
-1.5%
|
0.2%
|
0.0%
|
0.6%
|
|
Manufacturing (11%)
|
-9.9%
|
-8.5%
|
-1.8%
|
-2.5%
|
-0.8%
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|
Other (non-manufacturing) Goods-Producing (4%)
|
-17.8%
|
-13.9%
|
-5.2%
|
-6.1%
|
-6.3%
|
|
Private Service-Producing (70%)
|
-0.8%
|
0.1%
|
0.6%
|
0.4%
|
1.3%
|
|
Government (15%)
|
1.6%
|
0.5%
|
1.6%
|
1.6%
|
1.2%
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Unemployment Rate (% of labor force)
|
6.6%
|
5.7%
|
3.7%
|
3.8%
|
3.5%
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| |
|
|
|
|
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Other Indicators
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Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Single-Family Home Permits
|
-40.0%
|
-60.3%
|
-36.2%
|
-39.0%
|
-25.4%
|
|
Multifamily Building Permits
|
-27.5%
|
-81.4%
|
115.4%
|
56.0%
|
-26.0%
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|
Home Price Index
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-5.2%
|
-4.5%
|
-3.0%
|
-3.3%
|
-0.8%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
3.64
|
3.20
|
2.78
|
2.71
|
2.02
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BANKING TRENDS
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General Information
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Institutions (#)
|
24
|
24
|
26
|
25
|
24
|
|
Total Assets (in millions)
|
9,166
|
8,897
|
10,718
|
10,895
|
9,870
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|
New Institutions (# < 3 years)
|
4
|
4
|
4
|
4
|
2
|
|
Subchapter S Institutions
|
1
|
1
|
1
|
1
|
0
|
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|
|
|
|
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Asset Quality
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Q2-09
|
Q1-09
|
Q2-08
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2008
|
2007
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
2.05
|
1.96
|
1.43
|
1.72
|
1.41
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|
Noncurrent Loans / Total Loans (median %)
|
0.70
|
0.83
|
0.51
|
0.74
|
0.48
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|
ALLL/Total Loans (median %)
|
1.03
|
1.02
|
0.98
|
1.01
|
1.04
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|
ALLL/Noncurrent Loans (median multiple)
|
0.92
|
0.80
|
1.06
|
0.91
|
1.41
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|
Net Loan Losses / Total Loans (median %)
|
0.13
|
0.04
|
0.03
|
0.11
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0.02
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Capital / Earnings
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Tier 1 Leverage (median %)
|
9.74
|
9.68
|
10.16
|
9.75
|
9.38
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Return on Assets (median %)
|
0.34
|
0.29
|
0.48
|
0.15
|
0.49
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Pretax Return on Assets (median %)
|
0.45
|
0.39
|
0.59
|
0.32
|
0.63
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Net Interest Margin (median %)
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3.57
|
3.57
|
3.69
|
3.64
|
3.67
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Yield on Earning Assets (median %)
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5.42
|
5.51
|
6.03
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5.96
|
6.33
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Cost of Funding Earning Assets (median %)
|
1.88
|
2.03
|
2.40
|
2.33
|
2.77
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Provisions to Avg. Assets (median %)
|
0.20
|
0.19
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0.08
|
0.14
|
0.05
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Noninterest Income to Avg. Assets (median %)
|
0.65
|
0.61
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0.64
|
0.67
|
0.59
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Overhead to Avg. Assets (median %)
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3.43
|
3.26
|
3.30
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3.36
|
3.24
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Liquidity / Sensitivity
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Q2-09
|
Q1-09
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Q2-08
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2008
|
2007
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|
Net Loans to Assets (median %)
|
70.6
|
71.6
|
70.9
|
72.3
|
72.7
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Noncore Funding to Assets (median %)
|
24.1
|
25.8
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23.5
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26.7
|
22.9
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Long-term Assets to Assets (median %, call filers)
|
31.0
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29.8
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30.7
|
28.0
|
28.0
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Brokered Deposits (number of institutions)
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11
|
11
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8
|
10
|
8
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Brokered Deposits to Assets (median % for those above)
|
2.6
|
2.9
|
2.0
|
3.8
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1.3
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Loan Concentrations (median % of Total Risk-Based Capital)
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
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|
Commercial and Industrial
|
51.1
|
50.2
|
45.1
|
46.8
|
48.1
|
|
Commercial Real Estate
|
216.4
|
213.7
|
189.7
|
216.8
|
197.3
|
|
Construction & Development
|
33.2
|
32.2
|
29.4
|
37.3
|
28.6
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Multifamily Residential Real Estate
|
14.2
|
14.5
|
15.8
|
16.0
|
10.8
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Nonresidential Real Estate
|
164.7
|
163.6
|
151.8
|
160.9
|
162.3
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Residential Real Estate
|
385.1
|
387.9
|
372.7
|
378.4
|
378.8
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Consumer
|
13.2
|
14.7
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17.3
|
16.6
|
19.9
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Agriculture
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
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BANKING PROFILE
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