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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Q1-09
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Q4-08
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Q1-08
|
2008
|
2007
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
-1.4%
|
-0.5%
|
1.3%
|
0.4%
|
2.3%
|
|
Manufacturing (4%)
|
-5.3%
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-5.2%
|
-1.0%
|
-2.4%
|
1.2%
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|
Other (non-manufacturing) Goods-Producing (8%)
|
-11.1%
|
-7.9%
|
-2.2%
|
-6.2%
|
5.9%
|
|
Private Service-Producing (67%)
|
-1.1%
|
0.3%
|
2.4%
|
1.3%
|
2.8%
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|
Government (20%)
|
2.2%
|
1.1%
|
-0.3%
|
0.8%
|
-0.6%
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Unemployment Rate (% of labor force)
|
5.9%
|
4.9%
|
4.0%
|
4.5%
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3.4%
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|
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Other Indicators
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Q1-09
|
Q4-08
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Q1-08
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2008
|
2007
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Single-Family Home Permits
|
-50.1%
|
-52.9%
|
-37.4%
|
-37.9%
|
-6.6%
|
|
Multifamily Building Permits
|
-78.0%
|
-73.3%
|
-46.1%
|
-59.0%
|
-8.9%
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Home Price Index
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-0.4%
|
0.9%
|
5.1%
|
2.5%
|
7.8%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
2.22
|
1.81
|
1.69
|
1.94
|
1.90
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BANKING TRENDS
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General Information
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Institutions (#)
|
77
|
77
|
79
|
77
|
79
|
|
Total Assets (in millions)
|
19,332
|
19,108
|
17,899
|
19,108
|
17,592
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New Institutions (# < 3 years)
|
4
|
4
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6
|
4
|
6
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Subchapter S Institutions
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29
|
29
|
29
|
29
|
29
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|
|
|
|
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Asset Quality
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Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
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|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
4.20
|
3.24
|
2.49
|
3.24
|
2.25
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|
ALLL/Total Loans (median %)
|
1.57
|
1.50
|
1.39
|
1.50
|
1.29
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ALLL/Noncurrent Loans (median multiple)
|
0.72
|
1.10
|
1.27
|
1.10
|
1.80
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Net Loan Losses / Total Loans (median %)
|
0.04
|
0.16
|
0.00
|
0.11
|
0.05
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Capital / Earnings
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
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|
Tier 1 Leverage (median %)
|
9.88
|
9.79
|
9.94
|
9.79
|
10.12
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Return on Assets (median %)
|
1.00
|
0.79
|
1.35
|
1.16
|
1.35
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Pretax Return on Assets (median %)
|
1.21
|
1.11
|
1.65
|
1.59
|
2.01
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Net Interest Margin (median %)
|
4.32
|
4.43
|
4.74
|
4.63
|
4.86
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Yield on Earning Assets (median %)
|
6.19
|
6.48
|
7.34
|
6.93
|
7.66
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Cost of Funding Earning Assets (median %)
|
1.70
|
1.93
|
2.44
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2.16
|
2.76
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Provisions to Avg. Assets (median %)
|
0.21
|
0.39
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0.09
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0.20
|
0.13
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Noninterest Income to Avg. Assets (median %)
|
0.59
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0.57
|
0.64
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0.66
|
0.61
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Overhead to Avg. Assets (median %)
|
2.98
|
3.11
|
3.01
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3.10
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3.12
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Liquidity / Sensitivity
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Q1-09
|
Q4-08
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Q1-08
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2008
|
2007
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Loans to Assets (median %)
|
70.2
|
70.3
|
69.8
|
70.3
|
70.2
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Noncore Funding to Assets (median %)
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20.7
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19.7
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18.7
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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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15.6
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14.2
|
13.5
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14.2
|
11.9
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Brokered Deposits (number of institutions)
|
28
|
25
|
21
|
25
|
22
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Brokered Deposits to Assets (median % for those above)
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4.4
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3.5
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3.6
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3.5
|
4.7
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Loan Concentrations (median % of Tier 1 Capital)
|
Q1-09
|
Q4-08
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Q1-08
|
2008
|
2007
|
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Commercial and Industrial
|
90.7
|
95.6
|
98.2
|
95.6
|
102.7
|
|
Commercial Real Estate
|
254.5
|
250.9
|
234.3
|
250.9
|
237.1
|
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Construction & Development
|
76.3
|
73.3
|
73.6
|
73.3
|
71.2
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Multifamily Residential Real Estate
|
3.4
|
3.3
|
2.8
|
3.3
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2.0
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Nonresidential Real Estate
|
137.8
|
140.2
|
136.8
|
140.2
|
137.5
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Residential Real Estate
|
124.0
|
117.1
|
107.3
|
117.1
|
101.8
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Consumer
|
37.6
|
38.5
|
39.9
|
38.5
|
40.5
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Agriculture
|
77.9
|
79.0
|
85.0
|
79.0
|
84.6
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BANKING PROFILE
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