Oregon 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
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2008
|
2007
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|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
-5.4%
|
-4.3%
|
0.0%
|
-0.6%
|
1.6%
|
|
Manufacturing (11%)
|
-14.3%
|
-11.9%
|
-3.0%
|
-4.4%
|
-1.6%
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|
Other (non-manufacturing) Goods-Producing (6%)
|
-18.1%
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-16.5%
|
-7.8%
|
-9.1%
|
2.9%
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|
Private Service-Producing (66%)
|
-4.5%
|
-3.6%
|
0.7%
|
0.0%
|
2.2%
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|
Government (18%)
|
1.3%
|
2.0%
|
2.4%
|
3.1%
|
1.3%
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Unemployment Rate (% of labor force)
|
12.0%
|
10.8%
|
5.7%
|
6.4%
|
5.1%
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|
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Other Indicators
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Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
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|
Single-Family Home Permits
|
-37.1%
|
-48.9%
|
-46.5%
|
-50.3%
|
-22.7%
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|
Multifamily Building Permits
|
-65.3%
|
-25.6%
|
-9.2%
|
-24.3%
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-8.9%
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|
Home Price Index
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-8.1%
|
-5.6%
|
-0.9%
|
-1.9%
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6.3%
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|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
5.07
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3.84
|
3.24
|
3.26
|
2.43
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BANKING TRENDS
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General Information
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Institutions (#)
|
38
|
38
|
40
|
40
|
40
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|
Total Assets (in millions)
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42,214
|
45,939
|
36,296
|
35,306
|
37,676
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New Institutions (# < 3 years)
|
4
|
4
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6
|
4
|
5
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Subchapter S Institutions
|
3
|
3
|
3
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3
|
3
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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 %)
|
4.15
|
4.13
|
2.50
|
3.20
|
1.00
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|
Noncurrent Loans / Total Loans (median %)
|
3.07
|
3.00
|
1.45
|
1.89
|
0.24
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|
ALLL/Total Loans (median %)
|
1.60
|
1.41
|
1.20
|
1.36
|
1.14
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ALLL/Noncurrent Loans (median multiple)
|
0.41
|
0.39
|
0.70
|
0.43
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1.75
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Net Loan Losses / Total Loans (median %)
|
0.52
|
0.14
|
0.00
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0.27
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0.02
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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 %)
|
10.18
|
10.72
|
10.68
|
10.72
|
10.61
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Return on Assets (median %)
|
-0.98
|
0.26
|
0.32
|
0.25
|
0.92
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Pretax Return on Assets (median %)
|
-1.67
|
0.23
|
0.43
|
0.17
|
1.38
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Net Interest Margin (median %)
|
4.49
|
4.31
|
4.62
|
4.38
|
5.11
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Yield on Earning Assets (median %)
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5.96
|
6.04
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6.81
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6.82
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8.14
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Cost of Funding Earning Assets (median %)
|
1.62
|
1.71
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2.39
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2.42
|
3.02
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Provisions to Avg. Assets (median %)
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0.80
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0.52
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0.46
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0.79
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0.19
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Noninterest Income to Avg. Assets (median %)
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0.61
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0.54
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0.54
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0.56
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0.53
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Overhead to Avg. Assets (median %)
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3.84
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3.48
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3.63
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3.78
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3.68
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Liquidity / Sensitivity
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Q2-09
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Q1-09
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Q2-08
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2008
|
2007
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Net Loans to Assets (median %)
|
76.6
|
78.6
|
81.2
|
80.5
|
80.7
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Noncore Funding to Assets (median %)
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27.3
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28.3
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24.6
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26.1
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21.5
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Long-term Assets to Assets (median %, call filers)
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16.3
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18.3
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17.4
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18.0
|
12.0
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Brokered Deposits (number of institutions)
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28
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29
|
25
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28
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24
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Brokered Deposits to Assets (median % for those above)
|
14.3
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14.8
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13.3
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14.1
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13.4
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Loan Concentrations (median % of Total Risk-Based Capital)
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Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
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Commercial and Industrial
|
119.9
|
122.9
|
121.1
|
114.2
|
106.6
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Commercial Real Estate
|
427.1
|
418.5
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408.1
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415.6
|
407.4
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Construction & Development
|
98.1
|
114.0
|
130.6
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128.3
|
127.0
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Multifamily Residential Real Estate
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21.1
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19.2
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16.3
|
19.0
|
17.8
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Nonresidential Real Estate
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255.6
|
249.6
|
219.2
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251.3
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226.2
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Residential Real Estate
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89.1
|
84.6
|
64.4
|
78.8
|
56.8
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Consumer
|
10.0
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9.8
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9.9
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10.1
|
11.0
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Agriculture
|
7.5
|
8.0
|
10.1
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8.5
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10.0
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BANKING PROFILE
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