California 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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Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
-4.8%
|
-3.8%
|
-0.4%
|
-1.2%
|
0.8%
|
|
Manufacturing (9%)
|
-8.4%
|
-6.3%
|
-2.0%
|
-2.7%
|
-1.7%
|
|
Other (non-manufacturing) Goods-Producing (5%)
|
-18.3%
|
-16.8%
|
-10.6%
|
-11.4%
|
-4.1%
|
|
Private Service-Producing (68%)
|
-4.4%
|
-3.2%
|
0.3%
|
-0.6%
|
1.3%
|
|
Government (17%)
|
-0.5%
|
-0.2%
|
1.3%
|
1.0%
|
1.7%
|
|
Unemployment Rate (% of labor force)
|
11.4%
|
10.6%
|
6.8%
|
7.2%
|
5.4%
|
| |
|
|
|
|
|
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Other Indicators
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Single-Family Home Permits
|
-30.8%
|
-48.1%
|
-48.0%
|
-51.9%
|
-35.2%
|
|
Multifamily Building Permits
|
-82.3%
|
-58.7%
|
-2.0%
|
-28.3%
|
-22.5%
|
|
Home Price Index
|
-12.6%
|
-15.9%
|
-17.3%
|
-17.1%
|
-4.6%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
5.53
|
4.43
|
3.36
|
3.45
|
1.90
|
| |
|
|
|
|
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BANKING TRENDS
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|
General Information
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Institutions (#)
|
307
|
310
|
313
|
311
|
312
|
|
Total Assets (in millions)
|
463,292
|
463,507
|
456,185
|
458,462
|
452,353
|
|
New Institutions (# < 3 years)
|
52
|
55
|
62
|
56
|
71
|
|
Subchapter S Institutions
|
23
|
23
|
23
|
23
|
26
|
| |
|
|
|
|
|
|
Asset Quality
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
3.74
|
3.55
|
1.59
|
2.96
|
0.97
|
|
Noncurrent Loans / Total Loans (median %)
|
2.60
|
2.26
|
0.79
|
1.80
|
0.24
|
|
ALLL/Total Loans (median %)
|
1.81
|
1.70
|
1.30
|
1.57
|
1.25
|
|
ALLL/Noncurrent Loans (median multiple)
|
0.63
|
0.67
|
0.91
|
0.74
|
1.45
|
|
Net Loan Losses / Total Loans (median %)
|
0.69
|
0.38
|
0.12
|
0.46
|
0.01
|
| |
|
|
|
|
|
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Capital / Earnings
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Tier 1 Leverage (median %)
|
10.40
|
10.78
|
10.77
|
10.64
|
11.08
|
|
Return on Assets (median %)
|
-0.19
|
0.03
|
0.31
|
-0.07
|
0.71
|
|
Pretax Return on Assets (median %)
|
-0.33
|
-0.02
|
0.45
|
-0.15
|
1.08
|
|
Net Interest Margin (median %)
|
3.84
|
3.71
|
4.05
|
4.00
|
4.56
|
|
Yield on Earning Assets (median %)
|
5.46
|
5.51
|
6.28
|
6.26
|
7.42
|
|
Cost of Funding Earning Assets (median %)
|
1.49
|
1.63
|
2.07
|
2.11
|
2.93
|
|
Provisions to Avg. Assets (median %)
|
1.00
|
0.75
|
0.54
|
0.96
|
0.27
|
|
Noninterest Income to Avg. Assets (median %)
|
0.32
|
0.30
|
0.39
|
0.33
|
0.37
|
|
Overhead to Avg. Assets (median %)
|
3.59
|
3.37
|
3.46
|
3.47
|
3.49
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|
|
|
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Liquidity / Sensitivity
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Net Loans to Assets (median %)
|
74.1
|
74.2
|
75.9
|
75.7
|
74.1
|
|
Noncore Funding to Assets (median %)
|
31.5
|
32.5
|
29.7
|
32.9
|
26.8
|
|
Long-term Assets to Assets (median %, call filers)
|
20.7
|
19.4
|
17.6
|
19.2
|
15.7
|
|
Brokered Deposits (number of institutions)
|
208
|
214
|
179
|
212
|
156
|
|
Brokered Deposits to Assets (median % for those above)
|
6.2
|
8.5
|
7.0
|
8.8
|
5.7
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|
|
|
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Loan Concentrations (median % of Total Risk-Based Capital)
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Commercial and Industrial
|
98.3
|
102.4
|
90.9
|
101.3
|
90.7
|
|
Commercial Real Estate
|
391.4
|
386.8
|
399.0
|
394.3
|
375.2
|
|
Construction & Development
|
53.3
|
61.6
|
68.6
|
66.3
|
68.0
|
|
Multifamily Residential Real Estate
|
16.9
|
16.3
|
13.0
|
16.4
|
12.0
|
|
Nonresidential Real Estate
|
258.4
|
244.5
|
224.8
|
242.5
|
216.1
|
|
Residential Real Estate
|
53.0
|
48.9
|
39.2
|
44.8
|
32.4
|
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Consumer
|
4.1
|
4.2
|
4.3
|
4.4
|
4.0
|
|
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 2008 Summary of Deposits)
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Institutions in Market
|
Deposits ($ millions)
|
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Asset Distribution
|
Institutions
|
|
Los Angeles-Long Beach-Santa Ana, CA
|
180
|
308,159
|
|
< $100 million
|
60 (19.5% )
|
|
San Francisco-Oakland-Fremont, CA
|
89
|
181,316
|
|
$100 million to $250 million
|
99 (32.2% )
|
|
San Jose-Sunnyvale-Santa Clara, CA
|
56
|
51,876
|
|
$250 million to $1 billion
|
88 (28.7% )
|
|
San Diego-Carlsbad-San Marcos, CA
|
65
|
47,797
|
|
$1 billion to $10 billion
|
49 (16% )
|
|
Riverside-San Bernardino-Ontario, CA
|
70
|
37,360
|
|
> $10 billion
|
11 (3.6% )
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