New York at a Glance
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ECONOMIC INDICATORS
(Change from year ago, unless noted)
|
|
Employment Growth Rates
|
Q3-09
|
Q2-09
|
Q3-08
|
2008
|
2007
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
-2.2%
|
-2.3%
|
1.0%
|
0.7%
|
1.3%
|
|
Manufacturing (6%)
|
-8.3%
|
-7.5%
|
-3.1%
|
-3.4%
|
-2.6%
|
|
Other (non-manufacturing) Goods-Producing (4%)
|
-7.2%
|
-6.8%
|
2.4%
|
2.2%
|
4.3%
|
|
Private Service-Producing (73%)
|
-2.1%
|
-2.1%
|
1.2%
|
1.0%
|
1.6%
|
|
Government (17%)
|
1.3%
|
-0.1%
|
1.3%
|
0.7%
|
1.1%
|
|
Unemployment Rate (% of labor force)
|
8.8%
|
8.2%
|
5.6%
|
5.4%
|
4.5%
|
| |
|
|
|
|
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Other Indicators
|
Q3-09
|
Q2-09
|
Q3-08
|
2008
|
2007
|
|
Single-Family Home Permits
|
-26.3%
|
-30.2%
|
-17.5%
|
-27.3%
|
-15.6%
|
|
Multifamily Building Permits
|
-71.4%
|
-90.6%
|
-36.6%
|
1.3%
|
11.4%
|
|
Home Price Index
|
-4.0%
|
-4.1%
|
-2.6%
|
-1.8%
|
1.4%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
2.83
|
3.04
|
2.42
|
2.32
|
1.96
|
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BANKING TRENDS
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|
General Information
|
Q3-09
|
Q2-09
|
Q3-08
|
2008
|
2007
|
|
Institutions (#)
|
195
|
196
|
194
|
196
|
195
|
|
Total Assets (in millions)
|
681,768
|
669,434
|
594,562
|
750,341
|
492,558
|
|
New Institutions (# < 3 years)
|
13
|
16
|
19
|
16
|
22
|
|
Subchapter S Institutions
|
5
|
5
|
8
|
6
|
8
|
| |
|
|
|
|
|
|
Asset Quality
|
Q3-09
|
Q2-09
|
Q3-08
|
2008
|
2007
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
2.78
|
2.40
|
1.59
|
1.99
|
1.30
|
|
Noncurrent Loans / Total Loans (median %)
|
1.48
|
1.15
|
0.65
|
0.75
|
0.49
|
|
ALLL/Total Loans (median %)
|
1.16
|
1.11
|
0.97
|
1.01
|
0.92
|
|
ALLL/Noncurrent Loans (median multiple)
|
0.65
|
0.76
|
1.12
|
1.08
|
1.45
|
|
Net Loan Losses / Total Loans (median %)
|
0.10
|
0.11
|
0.02
|
0.09
|
0.02
|
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|
|
|
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Capital / Earnings
|
Q3-09
|
Q2-09
|
Q3-08
|
2008
|
2007
|
|
Tier 1 Leverage (median %)
|
9.62
|
9.43
|
9.69
|
9.32
|
10.09
|
|
Return on Assets (median %)
|
0.55
|
0.46
|
0.53
|
0.42
|
0.69
|
|
Pretax Return on Assets (median %)
|
0.86
|
0.69
|
0.80
|
0.58
|
0.99
|
|
Net Interest Margin (median %)
|
3.56
|
3.52
|
3.56
|
3.53
|
3.45
|
|
Yield on Earning Assets (median %)
|
5.19
|
5.25
|
5.77
|
5.77
|
6.25
|
|
Cost of Funding Earning Assets (median %)
|
1.43
|
1.57
|
2.06
|
2.18
|
2.85
|
|
Provisions to Avg. Assets (median %)
|
0.22
|
0.19
|
0.12
|
0.14
|
0.05
|
|
Noninterest Income to Avg. Assets (median %)
|
0.48
|
0.44
|
0.52
|
0.51
|
0.54
|
|
Overhead to Avg. Assets (median %)
|
2.95
|
2.99
|
2.92
|
3.02
|
3.02
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Liquidity / Sensitivity
|
Q3-09
|
Q2-09
|
Q3-08
|
2008
|
2007
|
|
Net Loans to Assets (median %)
|
61.9
|
63.4
|
64.3
|
64.1
|
62.4
|
|
Noncore Funding to Assets (median %)
|
21.5
|
21.7
|
23.0
|
23.7
|
19.8
|
|
Long-term Assets to Assets (median %, call filers)
|
25.7
|
26.6
|
26.1
|
25.3
|
24.6
|
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Brokered Deposits (number of institutions)
|
79
|
79
|
69
|
79
|
61
|
|
Brokered Deposits to Assets (median % for those above)
|
3.7
|
3.0
|
3.5
|
4.2
|
3.2
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|
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Loan Concentrations (median % of Total Risk-Based Capital)
|
Q3-09
|
Q2-09
|
Q3-08
|
2008
|
2007
|
|
Commercial and Industrial
|
43.8
|
46.1
|
45.7
|
45.6
|
45.5
|
|
Commercial Real Estate
|
167.3
|
162.9
|
163.7
|
163.9
|
138.8
|
|
Construction & Development
|
14.9
|
14.8
|
15.9
|
16.3
|
14.8
|
|
Multifamily Residential Real Estate
|
12.1
|
11.2
|
9.8
|
10.0
|
7.4
|
|
Nonresidential Real Estate
|
122.2
|
116.3
|
112.2
|
112.0
|
96.1
|
|
Residential Real Estate
|
200.4
|
207.5
|
211.9
|
217.1
|
190.4
|
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Consumer
|
4.9
|
4.2
|
5.9
|
4.9
|
7.0
|
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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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