Montana 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
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Q1-09
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Q2-08
|
2008
|
2007
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|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
-1.9%
|
-1.4%
|
0.5%
|
0.4%
|
2.3%
|
|
Manufacturing (4%)
|
-5.1%
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-5.3%
|
-0.8%
|
-2.4%
|
1.2%
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|
Other (non-manufacturing) Goods-Producing (8%)
|
-12.6%
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-11.1%
|
-7.4%
|
-6.2%
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5.9%
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|
Private Service-Producing (67%)
|
-1.4%
|
-1.1%
|
1.5%
|
1.3%
|
2.8%
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|
Government (20%)
|
1.9%
|
2.2%
|
1.0%
|
0.8%
|
-0.6%
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Unemployment Rate (% of labor force)
|
6.2%
|
5.9%
|
4.3%
|
4.5%
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3.4%
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|
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Other Indicators
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Q2-09
|
Q1-09
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Q2-08
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2008
|
2007
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Single-Family Home Permits
|
-36.6%
|
-50.1%
|
-38.0%
|
-37.9%
|
-6.6%
|
|
Multifamily Building Permits
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-19.7%
|
-78.0%
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-69.1%
|
-59.0%
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-8.9%
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Home Price Index
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-1.3%
|
-0.3%
|
3.1%
|
2.2%
|
7.6%
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|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
3.15
|
2.22
|
2.12
|
1.94
|
1.90
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BANKING TRENDS
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General Information
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Institutions (#)
|
76
|
77
|
78
|
77
|
79
|
|
Total Assets (in millions)
|
19,164
|
19,329
|
18,225
|
19,105
|
17,592
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New Institutions (# < 3 years)
|
3
|
4
|
4
|
4
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6
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Subchapter S Institutions
|
29
|
29
|
29
|
29
|
29
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|
|
|
|
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Asset Quality
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Q2-09
|
Q1-09
|
Q2-08
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2008
|
2007
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|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
4.59
|
4.20
|
2.39
|
3.24
|
2.25
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|
Noncurrent Loans / Total Loans (median %)
|
1.99
|
1.93
|
1.18
|
1.37
|
0.64
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|
ALLL/Total Loans (median %)
|
1.59
|
1.59
|
1.39
|
1.51
|
1.29
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ALLL/Noncurrent Loans (median multiple)
|
0.77
|
0.78
|
1.01
|
1.10
|
1.80
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Net Loan Losses / Total Loans (median %)
|
0.12
|
0.04
|
0.01
|
0.11
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0.05
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Capital / Earnings
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Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
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|
Tier 1 Leverage (median %)
|
9.64
|
9.70
|
10.31
|
9.70
|
10.12
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Return on Assets (median %)
|
0.96
|
1.00
|
1.29
|
1.09
|
1.35
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Pretax Return on Assets (median %)
|
1.24
|
1.21
|
1.69
|
1.59
|
2.01
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Net Interest Margin (median %)
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4.36
|
4.32
|
4.66
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4.63
|
4.86
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Yield on Earning Assets (median %)
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6.11
|
6.19
|
6.94
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6.93
|
7.66
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Cost of Funding Earning Assets (median %)
|
1.59
|
1.70
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2.20
|
2.16
|
2.76
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Provisions to Avg. Assets (median %)
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0.25
|
0.21
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0.11
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0.21
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0.13
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Noninterest Income to Avg. Assets (median %)
|
0.60
|
0.59
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0.64
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0.66
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0.61
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Overhead to Avg. Assets (median %)
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3.10
|
2.98
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3.02
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3.10
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3.12
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Liquidity / Sensitivity
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Q2-09
|
Q1-09
|
Q2-08
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2008
|
2007
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Net Loans to Assets (median %)
|
69.4
|
69.2
|
71.2
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69.5
|
69.3
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Noncore Funding to Assets (median %)
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19.8
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20.8
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19.9
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19.7
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17.4
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Long-term Assets to Assets (median %, call filers)
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16.4
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15.6
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13.5
|
14.2
|
11.9
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Brokered Deposits (number of institutions)
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27
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28
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20
|
25
|
22
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Brokered Deposits to Assets (median % for those above)
|
4.4
|
4.4
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6.6
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3.5
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4.7
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Loan Concentrations (median % of Total Risk-Based Capital)
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Q2-09
|
Q1-09
|
Q2-08
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2008
|
2007
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Commercial and Industrial
|
84.0
|
83.4
|
94.9
|
86.3
|
95.6
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Commercial Real Estate
|
220.3
|
233.9
|
224.2
|
240.3
|
215.7
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Construction & Development
|
63.9
|
70.0
|
64.0
|
66.7
|
65.3
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Multifamily Residential Real Estate
|
2.9
|
3.1
|
2.9
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3.2
|
1.8
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Nonresidential Real Estate
|
130.3
|
125.6
|
120.2
|
124.8
|
126.4
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Residential Real Estate
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112.8
|
116.1
|
102.6
|
105.9
|
94.4
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Consumer
|
32.8
|
34.8
|
39.6
|
36.3
|
37.2
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Agriculture
|
84.1
|
72.6
|
85.1
|
74.9
|
79.4
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BANKING PROFILE
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