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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Q4-09
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Q3-09
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Q4-08
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2009
|
2008
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|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
-5.7%
|
-7.0%
|
-2.8%
|
-6.2%
|
-0.7%
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|
Manufacturing (10%)
|
-12.9%
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-15.1%
|
-7.1%
|
-14.3%
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-4.4%
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|
Other (non-manufacturing) Goods-Producing (5%)
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-20.0%
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-21.7%
|
-14.8%
|
-21.3%
|
-9.5%
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Private Service-Producing (66%)
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-4.7%
|
-5.9%
|
-2.2%
|
-5.2%
|
-0.1%
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|
Government (19%)
|
-0.6%
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-0.2%
|
2.5%
|
0.6%
|
2.8%
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Unemployment Rate (% of labor force)
|
10.7%
|
11.2%
|
8.4%
|
11.0%
|
6.5%
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Other Indicators
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Q4-09
|
Q3-09
|
Q4-08
|
2009
|
2008
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|
Single-Family Home Permits
|
19.9%
|
-21.6%
|
-58.5%
|
-28.7%
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-50.3%
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|
Multifamily Building Permits
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-14.2%
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-88.4%
|
-26.0%
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-53.7%
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-24.3%
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Home Price Index
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-9.2%
|
-8.1%
|
-5.3%
|
-7.7%
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-2.3%
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Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
4.73
|
4.86
|
3.55
|
4.63
|
3.26
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BANKING TRENDS
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General Information
|
Q4-09
|
Q3-09
|
Q4-08
|
2009
|
2008
|
|
Institutions (#)
|
37
|
37
|
40
|
37
|
40
|
|
Total Assets (in millions)
|
40,644
|
41,401
|
35,306
|
40,644
|
35,306
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New Institutions (# < 3 years)
|
3
|
4
|
4
|
3
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4
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Subchapter S Institutions
|
3
|
3
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3
|
3
|
3
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|
|
|
|
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Asset Quality
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Q4-09
|
Q3-09
|
Q4-08
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2009
|
2008
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Past-Due and Nonaccrual Loans / Total Loans (median %)
|
3.99
|
4.34
|
3.20
|
3.99
|
3.20
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|
Noncurrent Loans / Total Loans (median %)
|
3.07
|
2.94
|
1.89
|
3.07
|
1.89
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ALLL/Total Loans (median %)
|
1.77
|
1.69
|
1.36
|
1.77
|
1.36
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ALLL/Noncurrent Loans (median multiple)
|
0.49
|
0.45
|
0.43
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0.49
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0.43
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Net Loan Losses / Total Loans (median %)
|
1.95
|
1.67
|
0.70
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1.14
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0.27
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Capital / Earnings
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Q4-09
|
Q3-09
|
Q4-08
|
2009
|
2008
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Tier 1 Leverage (median %)
|
9.59
|
9.77
|
10.72
|
9.59
|
10.72
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Return on Assets (median %)
|
-0.37
|
-0.26
|
0.02
|
-0.40
|
0.25
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Pretax Return on Assets (median %)
|
-1.01
|
-0.82
|
-0.03
|
-0.79
|
0.17
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Net Interest Margin (median %)
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4.25
|
4.44
|
4.26
|
4.33
|
4.38
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Yield on Earning Assets (median %)
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5.75
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6.00
|
6.35
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5.95
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6.82
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Cost of Funding Earning Assets (median %)
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1.36
|
1.57
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2.12
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1.56
|
2.42
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Provisions to Avg. Assets (median %)
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1.99
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1.15
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0.97
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1.47
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0.79
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Noninterest Income to Avg. Assets (median %)
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0.37
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0.36
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0.45
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0.46
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0.56
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Overhead to Avg. Assets (median %)
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3.63
|
3.50
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3.70
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3.64
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3.78
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Liquidity / Sensitivity
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Q4-09
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Q3-09
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Q4-08
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2009
|
2008
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Net Loans to Assets (median %)
|
74.0
|
76.5
|
80.5
|
74.0
|
80.5
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Noncore Funding to Assets (median %)
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25.8
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28.3
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26.1
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25.8
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26.1
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Long-term Assets to Assets (median %, call filers)
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20.5
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18.9
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18.0
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20.5
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18.0
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Brokered Deposits (number of institutions)
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28
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29
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28
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28
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28
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Brokered Deposits to Assets (median % for those above)
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8.6
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11.0
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14.1
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8.6
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14.1
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Loan Concentrations (median % of Total Risk-Based Capital)
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Q4-09
|
Q3-09
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Q4-08
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2009
|
2008
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Commercial and Industrial
|
110.8
|
119.7
|
114.2
|
110.8
|
114.2
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Commercial Real Estate
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383.6
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406.4
|
415.6
|
383.6
|
415.6
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Construction & Development
|
75.0
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103.7
|
128.3
|
75.0
|
128.3
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Multifamily Residential Real Estate
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19.3
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19.9
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19.0
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19.3
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19.0
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Nonresidential Real Estate
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277.8
|
267.9
|
251.3
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277.8
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251.3
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Residential Real Estate
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94.8
|
90.2
|
78.8
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94.8
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78.8
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Consumer
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8.3
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8.4
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10.2
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8.3
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10.2
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Agriculture
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10.7
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11.5
|
8.5
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10.7
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8.5
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BANKING PROFILE
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