Arizona 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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Q1-10
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Q4-09
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Q1-09
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2009
|
2008
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Total Nonfarm (share of trailing four quarter employment in parentheses)
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-3.9%
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-6.6%
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-6.5%
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-7.3%
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-2.1%
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Manufacturing (6%)
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-8.1%
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-11.5%
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-9.8%
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-11.6%
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-4.8%
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Other (non-manufacturing) Goods-Producing (5%)
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-20.8%
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-29.2%
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-27.4%
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-29.9%
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-15.6%
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Private Service-Producing (71%)
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-2.3%
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-4.7%
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-5.2%
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-5.5%
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-1.3%
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Government (17%)
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-2.8%
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-3.5%
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-0.5%
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-2.3%
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2.7%
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Unemployment Rate (% of labor force)
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9.4%
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9.3%
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8.3%
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9.1%
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5.9%
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Other Indicators
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Q1-10
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Q4-09
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Q1-09
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2009
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2008
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Single-Family Home Permits
|
87.2%
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47.6%
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-63.6%
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-27.4%
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-51.9%
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Multifamily Building Permits
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-10.3%
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-62.7%
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-70.8%
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-79.8%
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-36.4%
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Home Price Index
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-16.1%
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-14.0%
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-14.0%
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-14.4%
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-12.2%
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Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
5.54
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5.42
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3.70
|
5.00
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2.84
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BANKING TRENDS
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General Information
|
Q1-10
|
Q4-09
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Q1-09
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2009
|
2008
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Institutions (#)
|
43
|
44
|
57
|
44
|
57
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Total Assets (in millions)
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14,624
|
15,049
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16,395
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15,049
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16,193
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New Institutions (# < 3 years)
|
9
|
9
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18
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9
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18
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Subchapter S Institutions
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4
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4
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4
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4
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4
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Asset Quality
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Q1-10
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Q4-09
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Q1-09
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2009
|
2008
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Past-Due and Nonaccrual Loans / Total Loans (median %)
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5.89
|
5.69
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5.23
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5.69
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4.41
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Noncurrent Loans / Total Loans (median %)
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3.75
|
4.27
|
3.78
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4.27
|
2.79
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ALLL/Total Loans (median %)
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2.86
|
2.79
|
1.87
|
2.79
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1.74
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ALLL/Noncurrent Loans (median multiple)
|
0.77
|
0.70
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0.52
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0.70
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0.53
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Net Loan Losses / Total Loans (median %)
|
0.70
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2.44
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1.13
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2.00
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0.74
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Capital / Earnings
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Q1-10
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Q4-09
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Q1-09
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2009
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2008
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Tier 1 Leverage (median %)
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9.32
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9.54
|
10.15
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9.54
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10.34
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Return on Assets (median %)
|
-0.32
|
-2.07
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-1.81
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-2.19
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-2.85
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Pretax Return on Assets (median %)
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-0.32
|
-3.15
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-2.32
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-2.46
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-3.68
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Net Interest Margin (median %)
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3.87
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3.82
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3.48
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3.76
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4.06
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Yield on Earning Assets (median %)
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5.09
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5.32
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5.51
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5.47
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6.58
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Cost of Funding Earning Assets (median %)
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1.45
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1.68
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1.91
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1.85
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2.22
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Provisions to Avg. Assets (median %)
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0.65
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1.90
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1.76
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1.91
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1.69
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Noninterest Income to Avg. Assets (median %)
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0.29
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0.24
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0.37
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0.31
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0.30
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Overhead to Avg. Assets (median %)
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3.92
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4.24
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4.18
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4.03
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4.29
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Liquidity / Sensitivity
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Q1-10
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Q4-09
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Q1-09
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2009
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2008
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Net Loans to Assets (median %)
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66.0
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68.4
|
75.1
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68.4
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76.7
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Noncore Funding to Assets (median %)
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28.1
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28.6
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33.3
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28.6
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34.2
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Long-term Assets to Assets (median %, call filers)
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13.9
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14.2
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13.5
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14.2
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12.6
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Brokered Deposits (number of institutions)
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28
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31
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41
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31
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40
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Brokered Deposits to Assets (median % for those above)
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7.9
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7.4
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11.1
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7.4
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13.1
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Loan Concentrations (median % of Total Risk-Based Capital)
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Q1-10
|
Q4-09
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Q1-09
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2009
|
2008
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Commercial and Industrial
|
84.6
|
86.7
|
71.3
|
86.7
|
73.6
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Commercial Real Estate
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387.5
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412.4
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414.1
|
412.4
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397.7
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Construction & Development
|
85.2
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87.1
|
125.2
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87.1
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139.5
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Multifamily Residential Real Estate
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8.9
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9.3
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8.2
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9.3
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8.4
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Nonresidential Real Estate
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269.8
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272.4
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234.7
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272.4
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234.2
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Residential Real Estate
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102.4
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103.7
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87.7
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103.7
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84.7
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Consumer
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6.7
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7.4
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6.0
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7.4
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6.9
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Agriculture
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0.0
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0.0
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0.0
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0.0
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0.0
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BANKING PROFILE
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