Alaska 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)
|
1.1%
|
1.6%
|
1.0%
|
1.4%
|
0.9%
|
|
Manufacturing (4%)
|
-2.6%
|
1.8%
|
1.5%
|
0.0%
|
-0.9%
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|
Other (non-manufacturing) Goods-Producing (10%)
|
3.2%
|
3.1%
|
2.8%
|
3.3%
|
3.4%
|
|
Private Service-Producing (60%)
|
0.8%
|
1.4%
|
0.9%
|
1.2%
|
0.9%
|
|
Government (26%)
|
1.8%
|
1.4%
|
0.4%
|
1.4%
|
0.3%
|
|
Unemployment Rate (% of labor force)
|
8.0%
|
6.8%
|
6.5%
|
6.6%
|
6.1%
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|
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|
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Other Indicators
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Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Single-Family Home Permits
|
-43.1%
|
-60.0%
|
-28.9%
|
-37.6%
|
-33.4%
|
|
Multifamily Building Permits
|
-91.3%
|
-72.9%
|
-49.2%
|
-67.9%
|
-37.8%
|
|
Home Price Index
|
0.4%
|
0.2%
|
0.9%
|
0.2%
|
4.6%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
0.96
|
1.14
|
0.88
|
1.18
|
0.92
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BANKING TRENDS
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General Information
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Institutions (#)
|
7
|
7
|
6
|
7
|
6
|
|
Total Assets (in millions)
|
32,533
|
31,484
|
4,427
|
31,484
|
4,402
|
|
New Institutions (# < 3 years)
|
0
|
0
|
0
|
0
|
0
|
|
Subchapter S Institutions
|
1
|
1
|
1
|
1
|
1
|
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|
|
|
|
|
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Asset Quality
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
4.25
|
4.12
|
4.35
|
4.12
|
3.77
|
|
ALLL/Total Loans (median %)
|
1.74
|
1.57
|
1.37
|
1.57
|
1.27
|
|
ALLL/Noncurrent Loans (median multiple)
|
0.65
|
0.55
|
0.66
|
0.55
|
1.11
|
|
Net Loan Losses / Total Loans (median %)
|
0.18
|
0.44
|
0.11
|
0.34
|
0.12
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|
|
|
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Capital / Earnings
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Tier 1 Leverage (median %)
|
10.04
|
8.43
|
10.21
|
8.43
|
10.12
|
|
Return on Assets (median %)
|
1.01
|
0.58
|
0.93
|
1.14
|
1.13
|
|
Pretax Return on Assets (median %)
|
1.26
|
0.78
|
1.17
|
1.17
|
1.64
|
|
Net Interest Margin (median %)
|
4.99
|
5.10
|
4.90
|
4.95
|
5.37
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Yield on Earning Assets (median %)
|
5.93
|
6.07
|
6.63
|
6.24
|
7.27
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Cost of Funding Earning Assets (median %)
|
0.83
|
1.12
|
1.86
|
1.44
|
2.33
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Provisions to Avg. Assets (median %)
|
0.31
|
0.60
|
0.09
|
0.45
|
0.18
|
|
Noninterest Income to Avg. Assets (median %)
|
1.29
|
0.87
|
0.85
|
0.91
|
0.93
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|
Overhead to Avg. Assets (median %)
|
3.86
|
3.93
|
3.71
|
3.76
|
3.56
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|
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Liquidity / Sensitivity
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Loans to Assets (median %)
|
65.5
|
62.8
|
54.3
|
62.8
|
58.4
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Noncore Funding to Assets (median %)
|
19.5
|
20.3
|
23.3
|
20.3
|
20.3
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Long-term Assets to Assets (median %, call filers)
|
29.0
|
28.4
|
30.9
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28.4
|
31.8
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Brokered Deposits (number of institutions)
|
2
|
2
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2
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2
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2
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Brokered Deposits to Assets (median % for those above)
|
1.5
|
1.1
|
1.6
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1.1
|
1.9
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|
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|
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Loan Concentrations (median % of Tier 1 Capital)
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Commercial and Industrial
|
91.9
|
86.4
|
112.1
|
86.4
|
118.7
|
|
Commercial Real Estate
|
376.0
|
392.4
|
380.2
|
392.4
|
423.1
|
|
Construction & Development
|
66.4
|
63.9
|
61.6
|
63.9
|
68.8
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Multifamily Residential Real Estate
|
8.6
|
8.4
|
7.2
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8.4
|
7.0
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Nonresidential Real Estate
|
237.2
|
223.9
|
237.3
|
223.9
|
230.5
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Residential Real Estate
|
148.2
|
152.6
|
113.0
|
152.6
|
119.5
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Consumer
|
7.4
|
7.8
|
14.8
|
7.8
|
14.9
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Agriculture
|
4.4
|
4.1
|
1.9
|
4.1
|
1.9
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BANKING PROFILE
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