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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Q1-09
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Q4-08
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Q1-08
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2008
|
2007
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|
Total Nonfarm (share of trailing four quarter employment in parentheses)
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-4.3%
|
-2.4%
|
0.6%
|
-0.6%
|
1.6%
|
|
Manufacturing (11%)
|
-11.9%
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-7.1%
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-2.8%
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-4.4%
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-1.6%
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Other (non-manufacturing) Goods-Producing (6%)
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-16.5%
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-13.5%
|
-4.7%
|
-9.1%
|
2.9%
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Private Service-Producing (65%)
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-3.6%
|
-1.9%
|
1.1%
|
0.0%
|
2.2%
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Government (18%)
|
2.0%
|
2.8%
|
2.7%
|
3.1%
|
1.3%
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Unemployment Rate (% of labor force)
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10.8%
|
7.8%
|
5.4%
|
6.4%
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5.1%
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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
|
-48.9%
|
-58.5%
|
-50.9%
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-50.3%
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-22.7%
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|
Multifamily Building Permits
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-25.6%
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-26.0%
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-47.8%
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-24.3%
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-8.9%
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Home Price Index
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-5.6%
|
-4.6%
|
2.0%
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-1.6%
|
6.5%
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|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
3.84
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3.55
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2.66
|
3.26
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2.43
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BANKING TRENDS
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General Information
|
Q1-09
|
Q4-08
|
Q1-08
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2008
|
2007
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|
Institutions (#)
|
38
|
40
|
40
|
40
|
40
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Total Assets (in millions)
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45,948
|
35,309
|
34,240
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35,309
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37,676
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New Institutions (# < 3 years)
|
4
|
4
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5
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4
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5
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Subchapter S Institutions
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3
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3
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3
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3
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3
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|
|
|
|
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Asset Quality
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Q1-09
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Q4-08
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Q1-08
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2008
|
2007
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Past-Due and Nonaccrual Loans / Total Loans (median %)
|
4.13
|
3.20
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2.28
|
3.20
|
1.00
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ALLL/Total Loans (median %)
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1.41
|
1.34
|
1.19
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1.34
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1.14
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ALLL/Noncurrent Loans (median multiple)
|
0.37
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0.43
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1.01
|
0.43
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1.75
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Net Loan Losses / Total Loans (median %)
|
0.14
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0.47
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0.01
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0.27
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0.02
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Capital / Earnings
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Q1-09
|
Q4-08
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Q1-08
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2008
|
2007
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Tier 1 Leverage (median %)
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10.72
|
10.72
|
10.75
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10.72
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10.61
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Return on Assets (median %)
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0.26
|
0.02
|
0.59
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0.32
|
0.92
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Pretax Return on Assets (median %)
|
0.23
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-0.03
|
0.93
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0.40
|
1.38
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Net Interest Margin (median %)
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4.31
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4.26
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4.70
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4.38
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5.11
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Yield on Earning Assets (median %)
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6.01
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6.35
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7.39
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6.82
|
8.14
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Cost of Funding Earning Assets (median %)
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1.71
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2.12
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2.69
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2.42
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3.02
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Provisions to Avg. Assets (median %)
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0.52
|
0.97
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0.23
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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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0.54
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0.45
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0.50
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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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3.48
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3.70
|
3.70
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3.78
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3.68
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Liquidity / Sensitivity
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Q1-09
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Q4-08
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Q1-08
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2008
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2007
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Loans to Assets (median %)
|
80.0
|
82.0
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82.4
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82.0
|
82.0
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Noncore Funding to Assets (median %)
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28.3
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26.1
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22.9
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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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18.3
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18.0
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16.5
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18.0
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12.0
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Brokered Deposits (number of institutions)
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29
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28
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25
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28
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24
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Brokered Deposits to Assets (median % for those above)
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14.8
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14.1
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13.6
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14.1
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13.4
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Loan Concentrations (median % of Tier 1 Capital)
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Q1-09
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Q4-08
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Q1-08
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2008
|
2007
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Commercial and Industrial
|
134.0
|
127.2
|
117.6
|
127.2
|
113.5
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Commercial Real Estate
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454.3
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444.7
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429.5
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444.7
|
438.4
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Construction & Development
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121.6
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137.8
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140.6
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137.8
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140.9
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Multifamily Residential Real Estate
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20.8
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20.2
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21.0
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20.2
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18.6
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Nonresidential Real Estate
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276.7
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274.2
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241.9
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274.2
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245.0
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Residential Real Estate
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92.8
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86.9
|
71.3
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86.9
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60.9
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Consumer
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10.4
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11.4
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11.1
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11.4
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11.7
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Agriculture
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8.6
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9.8
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10.5
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9.8
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11.2
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BANKING PROFILE
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