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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Q3-09
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Q2-09
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Q3-08
|
2008
|
2007
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|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
-5.8%
|
-5.4%
|
-0.5%
|
-0.6%
|
1.6%
|
|
Manufacturing (11%)
|
-14.6%
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-14.3%
|
-4.6%
|
-4.4%
|
-1.6%
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|
Other (non-manufacturing) Goods-Producing (5%)
|
-16.6%
|
-18.1%
|
-10.1%
|
-9.1%
|
2.9%
|
|
Private Service-Producing (66%)
|
-4.6%
|
-4.5%
|
0.0%
|
0.0%
|
2.2%
|
|
Government (18%)
|
-0.4%
|
1.3%
|
4.6%
|
3.1%
|
1.3%
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Unemployment Rate (% of labor force)
|
11.7%
|
12.0%
|
6.5%
|
6.4%
|
5.1%
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|
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Other Indicators
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Q3-09
|
Q2-09
|
Q3-08
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2008
|
2007
|
|
Single-Family Home Permits
|
-21.6%
|
-37.1%
|
-49.3%
|
-50.3%
|
-22.7%
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|
Multifamily Building Permits
|
-88.4%
|
-65.3%
|
3.1%
|
-24.3%
|
-8.9%
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|
Home Price Index
|
-8.2%
|
-8.1%
|
-3.8%
|
-2.1%
|
6.2%
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|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
4.86
|
5.07
|
3.60
|
3.26
|
2.43
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BANKING TRENDS
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General Information
|
Q3-09
|
Q2-09
|
Q3-08
|
2008
|
2007
|
|
Institutions (#)
|
37
|
38
|
40
|
40
|
40
|
|
Total Assets (in millions)
|
41,412
|
42,211
|
35,464
|
35,306
|
37,676
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New Institutions (# < 3 years)
|
4
|
4
|
5
|
4
|
5
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Subchapter S Institutions
|
3
|
3
|
3
|
3
|
3
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|
|
|
|
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Asset Quality
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Q3-09
|
Q2-09
|
Q3-08
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2008
|
2007
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|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
4.34
|
4.09
|
3.11
|
3.20
|
1.00
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|
Noncurrent Loans / Total Loans (median %)
|
2.94
|
3.07
|
2.00
|
1.89
|
0.24
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|
ALLL/Total Loans (median %)
|
1.69
|
1.77
|
1.29
|
1.36
|
1.14
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ALLL/Noncurrent Loans (median multiple)
|
0.45
|
0.41
|
0.46
|
0.43
|
1.75
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Net Loan Losses / Total Loans (median %)
|
1.67
|
0.76
|
0.02
|
0.27
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0.02
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Capital / Earnings
|
Q3-09
|
Q2-09
|
Q3-08
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2008
|
2007
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|
Tier 1 Leverage (median %)
|
9.77
|
10.04
|
10.84
|
10.72
|
10.61
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Return on Assets (median %)
|
-0.19
|
-1.08
|
0.41
|
0.25
|
0.92
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Pretax Return on Assets (median %)
|
-0.31
|
-1.83
|
0.59
|
0.17
|
1.38
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Net Interest Margin (median %)
|
4.44
|
4.49
|
4.35
|
4.38
|
5.11
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Yield on Earning Assets (median %)
|
6.00
|
5.96
|
6.74
|
6.82
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8.14
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Cost of Funding Earning Assets (median %)
|
1.57
|
1.62
|
2.23
|
2.42
|
3.02
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Provisions to Avg. Assets (median %)
|
1.04
|
0.95
|
0.37
|
0.79
|
0.19
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Noninterest Income to Avg. Assets (median %)
|
0.39
|
0.61
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0.41
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0.56
|
0.53
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Overhead to Avg. Assets (median %)
|
3.50
|
3.84
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3.46
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3.78
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3.68
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Liquidity / Sensitivity
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Q3-09
|
Q2-09
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Q3-08
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2008
|
2007
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Net Loans to Assets (median %)
|
76.5
|
76.6
|
81.0
|
80.5
|
80.7
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Noncore Funding to Assets (median %)
|
28.1
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29.8
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23.9
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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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18.9
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16.3
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16.2
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18.0
|
12.0
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Brokered Deposits (number of institutions)
|
27
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28
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28
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28
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24
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Brokered Deposits to Assets (median % for those above)
|
11.0
|
14.3
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14.4
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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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Q3-09
|
Q2-09
|
Q3-08
|
2008
|
2007
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Commercial and Industrial
|
114.3
|
119.9
|
115.4
|
114.2
|
106.6
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Commercial Real Estate
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406.4
|
427.1
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420.4
|
415.6
|
407.4
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Construction & Development
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103.7
|
98.1
|
130.7
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128.3
|
127.0
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Multifamily Residential Real Estate
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19.9
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21.1
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19.1
|
19.0
|
17.8
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Nonresidential Real Estate
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267.9
|
255.6
|
222.4
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251.3
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226.2
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Residential Real Estate
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90.2
|
89.1
|
70.2
|
78.8
|
56.8
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Consumer
|
8.4
|
10.0
|
9.9
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10.2
|
11.0
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Agriculture
|
11.5
|
7.5
|
8.4
|
8.5
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10.0
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BANKING PROFILE
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