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FDIC State Profiles
 

California at a Glance

ECONOMIC INDICATORS (Change from year ago, unless noted)
Employment Growth Rates Q4-10 Q3-10 Q4-09 2010 2009
Total Nonfarm (share of trailing four quarter employment in parentheses) 0.1% -0.1% -5.7% -1.4% -6.0%
  Manufacturing (9%) 0.1% -1.3% -10.6% -3.1% -10.1%
  Other (non-manufacturing) Goods-Producing (4%) -4.8% -6.7% -20.5% -9.6% -20.5%
  Private Service-Producing (69%) 1.1% 0.9% -4.7% -0.3% -5.4%
  Government (17%) -2.9% -1.8% -2.5% -2.3% -1.6%
Unemployment Rate (% of labor force) 12.5% 12.4% 12.2% 12.4% 11.3%
           
Other Indicators Q4-10 Q3-10 Q4-09 2010 2009
Single-Family Home Permits -9.6% -8.8% 11.1% 3.3% -24.3%
Multifamily Building Permits 214.0% 111.6% -65.7% 100.8% -68.3%
Home Price Index -0.6% 1.1% -6.1% -1.9% -11.6%
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level) 6.42 7.17 5.89 6.73 5.43
           
BANKING TRENDS
General Information Q4-10 Q3-10 Q4-09 2010 2009
Institutions (#) 272 277 293 272 293
Total Assets (in millions) 473,681 463,281 451,364 473,681 451,364
New Institutions (# < 3 years) 13 21 34 13 34
Subchapter S Institutions 21 21 21 21 21
           
Asset Quality Q4-10 Q3-10 Q4-09 2010 2009
Past-Due and Nonaccrual Loans / Total Loans (median %) 4.15 4.14 4.35 4.15 4.35
Noncurrent Loans / Total Loans (median %) 3.22 3.02 3.15 3.22 3.15
ALLL/Total Loans (median %) 2.33 2.36 2.16 2.33 2.16
ALLL/Noncurrent Loans (median multiple) 0.72 0.68 0.67 0.72 0.67
Net Loan Losses / Total Loans (median %) 0.70 0.59 1.44 0.94 1.37
           
Capital / Earnings Q4-10 Q3-10 Q4-09 2010 2009
Tier 1 Leverage (median %) 10.60 10.42 9.92 10.60 9.92
Return on Assets (median %) 0.46 0.46 -0.50 0.31 -0.61
Pretax Return on Assets (median %) 0.54 0.53 -0.81 0.37 -0.92
Net Interest Margin (median %) 4.10 4.10 4.03 4.09 3.88
Yield on Earning Assets (median %) 4.99 5.10 5.32 5.12 5.48
Cost of Funding Earning Assets (median %) 0.77 0.90 1.24 0.94 1.39
Provisions to Avg. Assets (median %) 0.51 0.51 1.55 0.71 1.44
Noninterest Income to Avg. Assets (median %) 0.38 0.35 0.35 0.35 0.34
Overhead to Avg. Assets (median %) 3.43 3.29 3.45 3.36 3.52
           
Liquidity / Sensitivity Q4-10 Q3-10 Q4-09 2010 2009
Net Loans to Assets (median %) 68.7 67.9 71.6 68.7 71.6
Noncore Funding to Assets (median %) 25.6 26.4 30.6 25.6 30.6
Long-term Assets to Assets (median %, call filers) 22.7 21.9 21.4 22.7 21.4
Brokered Deposits (number of institutions) 163 171 194 163 194
  Brokered Deposits to Assets (median % for those above) 3.9 4.9 6.0 3.9 6.0
           
Loan Concentrations (median % of Total Risk-Based Capital) Q4-10 Q3-10 Q4-09 2010 2009
Commercial and Industrial 85.3 84.9 100.0 85.3 100.0
Commercial Real Estate 350.4 354.7 390.0 350.4 390.0
  Construction & Development 24.1 27.8 44.6 24.1 44.6
  Multifamily Residential Real Estate 18.9 19.3 19.5 18.9 19.5
  Nonresidential Real Estate 264.9 261.9 277.7 264.9 277.7
Residential Real Estate 57.9 57.8 55.2 57.9 55.2
Consumer 4.0 3.7 4.2 4.0 4.2
Agriculture 0.0 0.0 0.0 0.0 0.0
           
BANKING PROFILE
Largest Deposit Markets (from 2010 Summary of Deposits) Institutions in Market Deposits ($ millions)       Asset Distribution Institutions
Los Angeles-Long Beach-Santa Ana, CA 158 318,689   < $100 million 34 (12.5% )
San Francisco-Oakland-Fremont, CA 81 230,206   $100 million to $250 million 102 (37.5% )
San Jose-Sunnyvale-Santa Clara, CA 50 63,327   $250 million to $1 billion 87 (32% )
San Diego-Carlsbad-San Marcos, CA 58 53,456   $1 billion to $10 billion 37 (13.6% )
Riverside-San Bernardino-Ontario, CA 58 36,640   > $10 billion 12 (4.4% )
           
 
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