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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Q4-10
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Q3-10
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Q4-09
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2010
|
2009
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|
Total Nonfarm (share of trailing four quarter employment in parentheses)
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-0.6%
|
-1.5%
|
-6.8%
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-2.1%
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-7.3%
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Manufacturing (6%)
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-1.4%
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-2.7%
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-10.7%
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-3.9%
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-11.2%
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Other (non-manufacturing) Goods-Producing (5%)
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-4.1%
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-9.8%
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-29.2%
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-12.8%
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-29.9%
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Private Service-Producing (71%)
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0.0%
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-0.8%
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-5.1%
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-1.3%
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-5.6%
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Government (18%)
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-1.6%
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-1.6%
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-3.1%
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-1.5%
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-2.1%
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Unemployment Rate (% of labor force)
|
9.7%
|
9.9%
|
10.4%
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9.9%
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9.7%
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Other Indicators
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Q4-10
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Q3-10
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Q4-09
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2010
|
2009
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Single-Family Home Permits
|
-39.6%
|
-36.1%
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47.6%
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-14.5%
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-27.4%
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Multifamily Building Permits
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48.6%
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-8.0%
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-62.7%
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16.2%
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-79.8%
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Home Price Index
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-8.5%
|
-8.6%
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-13.9%
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-11.7%
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-14.5%
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Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
5.75
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6.47
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5.42
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6.15
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5.00
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BANKING TRENDS
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General Information
|
Q4-10
|
Q3-10
|
Q4-09
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2010
|
2009
|
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Institutions (#)
|
40
|
42
|
44
|
40
|
44
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Total Assets (in millions)
|
13,804
|
13,908
|
15,044
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13,804
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15,044
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New Institutions (# < 3 years)
|
1
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3
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9
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1
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9
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Subchapter S Institutions
|
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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|
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|
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Asset Quality
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Q4-10
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Q3-10
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Q4-09
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2010
|
2009
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Past-Due and Nonaccrual Loans / Total Loans (median %)
|
4.64
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5.16
|
5.69
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4.64
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5.69
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Noncurrent Loans / Total Loans (median %)
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4.32
|
4.67
|
4.27
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4.32
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4.27
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ALLL/Total Loans (median %)
|
2.75
|
3.09
|
2.79
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2.75
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2.79
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ALLL/Noncurrent Loans (median multiple)
|
0.78
|
0.71
|
0.70
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0.78
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0.70
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Net Loan Losses / Total Loans (median %)
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1.97
|
2.20
|
2.44
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1.83
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2.00
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Capital / Earnings
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Q4-10
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Q3-10
|
Q4-09
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2010
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2009
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Tier 1 Leverage (median %)
|
9.59
|
9.38
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9.47
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9.59
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9.47
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Return on Assets (median %)
|
-1.75
|
-0.44
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-2.07
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-1.16
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-2.36
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Pretax Return on Assets (median %)
|
-2.17
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-0.54
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-3.15
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-1.17
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-2.51
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Net Interest Margin (median %)
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4.22
|
4.10
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3.82
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4.16
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3.76
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Yield on Earning Assets (median %)
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4.99
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5.00
|
5.32
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5.14
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5.47
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Cost of Funding Earning Assets (median %)
|
1.02
|
1.19
|
1.68
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1.20
|
1.85
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Provisions to Avg. Assets (median %)
|
0.88
|
0.71
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1.90
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0.97
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1.91
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Noninterest Income to Avg. Assets (median %)
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0.37
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0.34
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0.24
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0.42
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0.31
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Overhead to Avg. Assets (median %)
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4.78
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4.30
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4.24
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4.23
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4.03
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Liquidity / Sensitivity
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Q4-10
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Q3-10
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Q4-09
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2010
|
2009
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Net Loans to Assets (median %)
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68.2
|
66.0
|
68.4
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68.2
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68.4
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Noncore Funding to Assets (median %)
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23.1
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24.4
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28.6
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23.1
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28.6
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Long-term Assets to Assets (median %, call filers)
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14.8
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15.4
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14.2
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14.8
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14.2
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Brokered Deposits (number of institutions)
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26
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28
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31
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26
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31
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Brokered Deposits to Assets (median % for those above)
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3.8
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4.4
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7.4
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3.8
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7.4
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Loan Concentrations (median % of Total Risk-Based Capital)
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Q4-10
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Q3-10
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Q4-09
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2010
|
2009
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Commercial and Industrial
|
74.8
|
74.4
|
86.7
|
74.8
|
86.7
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Commercial Real Estate
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381.3
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370.2
|
412.4
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381.3
|
412.4
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Construction & Development
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64.3
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74.6
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87.1
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64.3
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87.1
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Multifamily Residential Real Estate
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8.2
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11.5
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9.7
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8.2
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9.7
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Nonresidential Real Estate
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271.7
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260.9
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272.4
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271.7
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272.4
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Residential Real Estate
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96.6
|
113.4
|
103.7
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96.6
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103.7
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Consumer
|
6.7
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6.0
|
7.4
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6.7
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7.4
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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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