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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Q3-09
|
Q2-09
|
Q3-08
|
2008
|
2007
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
-0.6%
|
-0.3%
|
1.6%
|
1.4%
|
0.9%
|
|
Manufacturing (4%)
|
-1.7%
|
-0.8%
|
-1.9%
|
0.0%
|
-0.9%
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|
Other (non-manufacturing) Goods-Producing (10%)
|
-3.2%
|
-2.0%
|
3.8%
|
3.3%
|
3.4%
|
|
Private Service-Producing (60%)
|
-0.6%
|
-0.5%
|
1.3%
|
1.2%
|
0.9%
|
|
Government (26%)
|
1.0%
|
1.0%
|
2.1%
|
1.4%
|
0.3%
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Unemployment Rate (% of labor force)
|
8.2%
|
8.2%
|
6.7%
|
6.6%
|
6.1%
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|
|
|
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Other Indicators
|
Q3-09
|
Q2-09
|
Q3-08
|
2008
|
2007
|
|
Single-Family Home Permits
|
-2.9%
|
-18.9%
|
-31.6%
|
-37.6%
|
-33.4%
|
|
Multifamily Building Permits
|
14.7%
|
194.8%
|
-64.8%
|
-67.9%
|
-37.8%
|
|
Home Price Index
|
-0.1%
|
-1.1%
|
-0.7%
|
0.1%
|
4.3%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
1.33
|
1.40
|
1.55
|
1.18
|
0.92
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BANKING TRENDS
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|
General Information
|
Q3-09
|
Q2-09
|
Q3-08
|
2008
|
2007
|
|
Institutions (#)
|
7
|
7
|
7
|
7
|
6
|
|
Total Assets (in millions)
|
34,420
|
33,119
|
31,298
|
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
|
Q3-09
|
Q2-09
|
Q3-08
|
2008
|
2007
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
4.11
|
3.03
|
3.78
|
4.12
|
3.77
|
|
Noncurrent Loans / Total Loans (median %)
|
3.41
|
2.91
|
2.60
|
3.00
|
1.26
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|
ALLL/Total Loans (median %)
|
1.51
|
1.57
|
1.18
|
1.57
|
1.27
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|
ALLL/Noncurrent Loans (median multiple)
|
0.54
|
0.65
|
0.53
|
0.55
|
1.11
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|
Net Loan Losses / Total Loans (median %)
|
0.65
|
1.23
|
0.84
|
0.34
|
0.12
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Capital / Earnings
|
Q3-09
|
Q2-09
|
Q3-08
|
2008
|
2007
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|
Tier 1 Leverage (median %)
|
10.24
|
10.01
|
8.29
|
8.43
|
10.12
|
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Return on Assets (median %)
|
1.23
|
1.15
|
1.11
|
1.14
|
1.13
|
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Pretax Return on Assets (median %)
|
1.36
|
1.78
|
1.34
|
1.17
|
1.64
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Net Interest Margin (median %)
|
4.81
|
4.92
|
4.97
|
4.95
|
5.37
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Yield on Earning Assets (median %)
|
5.46
|
5.55
|
6.34
|
6.24
|
7.27
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Cost of Funding Earning Assets (median %)
|
0.65
|
0.70
|
1.29
|
1.44
|
2.33
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Provisions to Avg. Assets (median %)
|
0.56
|
0.22
|
0.28
|
0.45
|
0.18
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|
Noninterest Income to Avg. Assets (median %)
|
1.18
|
1.31
|
0.94
|
0.91
|
0.93
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Overhead to Avg. Assets (median %)
|
4.07
|
3.79
|
3.66
|
3.76
|
3.56
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Liquidity / Sensitivity
|
Q3-09
|
Q2-09
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Q3-08
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2008
|
2007
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|
Net Loans to Assets (median %)
|
62.2
|
63.5
|
56.8
|
61.5
|
57.7
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Noncore Funding to Assets (median %)
|
16.6
|
17.5
|
20.4
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20.3
|
20.3
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|
Long-term Assets to Assets (median %, call filers)
|
28.4
|
27.5
|
31.9
|
28.4
|
31.8
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Brokered Deposits (number of institutions)
|
3
|
3
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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)
|
1.4
|
1.2
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2.1
|
1.1
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1.9
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Loan Concentrations (median % of Total Risk-Based Capital)
|
Q3-09
|
Q2-09
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Q3-08
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2008
|
2007
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Commercial and Industrial
|
72.5
|
82.4
|
75.4
|
79.5
|
110.6
|
|
Commercial Real Estate
|
351.9
|
354.2
|
309.4
|
353.5
|
390.0
|
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Construction & Development
|
62.4
|
59.5
|
54.2
|
57.6
|
64.0
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Multifamily Residential Real Estate
|
8.3
|
8.8
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7.9
|
8.0
|
6.7
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Nonresidential Real Estate
|
248.4
|
234.5
|
200.8
|
202.5
|
212.3
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Residential Real Estate
|
136.6
|
127.8
|
136.7
|
140.5
|
112.1
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Consumer
|
6.6
|
7.1
|
7.2
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7.1
|
13.7
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Agriculture
|
3.6
|
3.9
|
3.5
|
3.8
|
1.9
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BANKING PROFILE
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