California at a Glance
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ECONOMIC INDICATORS
(Change from year ago, unless noted)
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|
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%
|
| |
|
|
|
|
|
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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
|
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|
|
|
|
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BANKING TRENDS
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|
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
|
| |
|
|
|
|
|
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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
|
| |
|
|
|
|
|
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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
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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
|
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Long-term Assets to Assets (median %, call filers)
|
22.7
|
21.9
|
21.4
|
22.7
|
21.4
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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
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|
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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
|
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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
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BANKING PROFILE
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Largest Deposit Markets (from 2010 Summary of Deposits)
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Institutions in Market
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Deposits ($ millions)
|
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Asset Distribution
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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
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|
> $10 billion
|
12 (4.4% )
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