Montana at a Glance
|
ECONOMIC INDICATORS
(Change from year ago, unless noted)
|
|
Employment Growth Rates
|
Q4-09
|
Q3-09
|
Q4-08
|
2009
|
2008
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
-3.6%
|
-3.8%
|
-1.0%
|
-3.7%
|
0.2%
|
|
Manufacturing (4%)
|
-10.4%
|
-13.6%
|
-5.7%
|
-12.7%
|
-2.4%
|
|
Other (non-manufacturing) Goods-Producing (7%)
|
-16.9%
|
-18.2%
|
-9.8%
|
-18.3%
|
-6.7%
|
|
Private Service-Producing (68%)
|
-2.5%
|
-2.9%
|
-0.4%
|
-2.7%
|
1.1%
|
|
Government (21%)
|
-0.3%
|
1.7%
|
1.8%
|
1.2%
|
1.0%
|
|
Unemployment Rate (% of labor force)
|
6.6%
|
6.4%
|
5.3%
|
6.2%
|
4.6%
|
| |
|
|
|
|
|
|
Other Indicators
|
Q4-09
|
Q3-09
|
Q4-08
|
2009
|
2008
|
|
Single-Family Home Permits
|
-0.7%
|
-26.2%
|
-52.9%
|
-31.2%
|
-37.9%
|
|
Multifamily Building Permits
|
3.7%
|
22.0%
|
-73.3%
|
-22.0%
|
-59.0%
|
|
Home Price Index
|
-3.4%
|
-1.1%
|
0.4%
|
-1.5%
|
1.9%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
2.42
|
2.94
|
1.81
|
2.68
|
1.94
|
| |
|
|
|
|
|
|
BANKING TRENDS
|
|
General Information
|
Q4-09
|
Q3-09
|
Q4-08
|
2009
|
2008
|
|
Institutions (#)
|
74
|
74
|
77
|
74
|
77
|
|
Total Assets (in millions)
|
21,172
|
20,701
|
19,105
|
21,172
|
19,105
|
|
New Institutions (# < 3 years)
|
2
|
2
|
4
|
2
|
4
|
|
Subchapter S Institutions
|
28
|
28
|
29
|
28
|
29
|
| |
|
|
|
|
|
|
Asset Quality
|
Q4-09
|
Q3-09
|
Q4-08
|
2009
|
2008
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
4.06
|
3.80
|
3.24
|
4.06
|
3.24
|
|
Noncurrent Loans / Total Loans (median %)
|
2.22
|
2.19
|
1.37
|
2.22
|
1.37
|
|
ALLL/Total Loans (median %)
|
1.74
|
1.67
|
1.51
|
1.74
|
1.51
|
|
ALLL/Noncurrent Loans (median multiple)
|
0.65
|
0.69
|
1.10
|
0.65
|
1.10
|
|
Net Loan Losses / Total Loans (median %)
|
0.64
|
0.39
|
0.16
|
0.51
|
0.11
|
| |
|
|
|
|
|
|
Capital / Earnings
|
Q4-09
|
Q3-09
|
Q4-08
|
2009
|
2008
|
|
Tier 1 Leverage (median %)
|
9.66
|
9.94
|
9.70
|
9.66
|
9.70
|
|
Return on Assets (median %)
|
0.60
|
0.86
|
0.76
|
0.75
|
1.09
|
|
Pretax Return on Assets (median %)
|
0.73
|
1.00
|
1.02
|
1.01
|
1.59
|
|
Net Interest Margin (median %)
|
4.22
|
4.44
|
4.43
|
4.34
|
4.63
|
|
Yield on Earning Assets (median %)
|
5.69
|
5.95
|
6.48
|
6.00
|
6.93
|
|
Cost of Funding Earning Assets (median %)
|
1.38
|
1.47
|
1.93
|
1.55
|
2.16
|
|
Provisions to Avg. Assets (median %)
|
0.38
|
0.47
|
0.41
|
0.48
|
0.21
|
|
Noninterest Income to Avg. Assets (median %)
|
0.61
|
0.57
|
0.57
|
0.61
|
0.66
|
|
Overhead to Avg. Assets (median %)
|
3.09
|
2.97
|
3.11
|
3.04
|
3.10
|
| |
|
|
|
|
|
|
Liquidity / Sensitivity
|
Q4-09
|
Q3-09
|
Q4-08
|
2009
|
2008
|
|
Net Loans to Assets (median %)
|
65.3
|
66.8
|
69.5
|
65.3
|
69.5
|
|
Noncore Funding to Assets (median %)
|
20.5
|
21.6
|
19.7
|
20.5
|
19.7
|
|
Long-term Assets to Assets (median %, call filers)
|
18.8
|
16.1
|
14.2
|
18.8
|
14.2
|
|
Brokered Deposits (number of institutions)
|
29
|
28
|
25
|
29
|
25
|
|
Brokered Deposits to Assets (median % for those above)
|
5.3
|
5.1
|
3.5
|
5.3
|
3.5
|
| |
|
|
|
|
|
|
Loan Concentrations (median % of Total Risk-Based Capital)
|
Q4-09
|
Q3-09
|
Q4-08
|
2009
|
2008
|
|
Commercial and Industrial
|
73.1
|
79.9
|
86.3
|
73.1
|
86.3
|
|
Commercial Real Estate
|
199.0
|
209.4
|
240.3
|
199.0
|
240.3
|
|
Construction & Development
|
53.5
|
62.1
|
66.7
|
53.5
|
66.7
|
|
Multifamily Residential Real Estate
|
4.6
|
3.1
|
3.2
|
4.6
|
3.2
|
|
Nonresidential Real Estate
|
135.4
|
131.4
|
124.8
|
135.4
|
124.8
|
|
Residential Real Estate
|
109.7
|
110.8
|
105.9
|
109.7
|
105.9
|
|
Consumer
|
32.8
|
33.4
|
36.3
|
32.8
|
36.3
|
|
Agriculture
|
78.4
|
87.6
|
74.9
|
78.4
|
74.9
|
| |
|
|
|
|
|
|
BANKING PROFILE
|
