Washington at a Glance
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ECONOMIC INDICATORS
(Change from year ago, unless noted)
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|
Employment Growth Rates
|
Q4-09
|
Q3-09
|
Q4-08
|
2009
|
2008
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
-4.9%
|
-5.6%
|
-1.0%
|
-4.5%
|
0.9%
|
|
Manufacturing (9%)
|
-7.8%
|
-10.4%
|
-5.3%
|
-8.7%
|
-0.7%
|
|
Other (non-manufacturing) Goods-Producing (6%)
|
-22.7%
|
-21.7%
|
-9.1%
|
-20.3%
|
-3.9%
|
|
Private Service-Producing (65%)
|
-3.7%
|
-4.4%
|
-0.5%
|
-3.6%
|
1.2%
|
|
Government (19%)
|
-1.2%
|
-0.5%
|
2.6%
|
0.5%
|
2.4%
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|
Unemployment Rate (% of labor force)
|
9.2%
|
9.2%
|
6.4%
|
8.9%
|
5.4%
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|
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Other Indicators
|
Q4-09
|
Q3-09
|
Q4-08
|
2009
|
2008
|
|
Single-Family Home Permits
|
22.6%
|
-11.0%
|
-45.7%
|
-23.5%
|
-41.3%
|
|
Multifamily Building Permits
|
-71.3%
|
-69.2%
|
-44.3%
|
-71.2%
|
-35.3%
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|
Home Price Index
|
-8.8%
|
-8.1%
|
-4.7%
|
-7.5%
|
-1.5%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
4.66
|
4.75
|
3.54
|
4.53
|
3.22
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BANKING TRENDS
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|
General Information
|
Q4-09
|
Q3-09
|
Q4-08
|
2009
|
2008
|
|
Institutions (#)
|
95
|
95
|
97
|
95
|
97
|
|
Total Assets (in millions)
|
76,268
|
77,688
|
79,907
|
76,268
|
79,907
|
|
New Institutions (# < 3 years)
|
4
|
7
|
11
|
4
|
11
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|
Subchapter S Institutions
|
14
|
14
|
13
|
14
|
13
|
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|
|
|
|
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Asset Quality
|
Q4-09
|
Q3-09
|
Q4-08
|
2009
|
2008
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
5.65
|
5.45
|
3.94
|
5.65
|
3.94
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|
Noncurrent Loans / Total Loans (median %)
|
4.50
|
4.07
|
2.69
|
4.50
|
2.69
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|
ALLL/Total Loans (median %)
|
2.16
|
2.13
|
1.62
|
2.16
|
1.62
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|
ALLL/Noncurrent Loans (median multiple)
|
0.50
|
0.47
|
0.59
|
0.50
|
0.59
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|
Net Loan Losses / Total Loans (median %)
|
1.84
|
1.27
|
0.55
|
1.89
|
0.33
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Capital / Earnings
|
Q4-09
|
Q3-09
|
Q4-08
|
2009
|
2008
|
|
Tier 1 Leverage (median %)
|
9.01
|
8.94
|
9.57
|
9.01
|
9.57
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|
Return on Assets (median %)
|
-0.28
|
-0.27
|
-0.37
|
-0.74
|
0.19
|
|
Pretax Return on Assets (median %)
|
-0.75
|
-0.38
|
-0.96
|
-0.99
|
0.14
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|
Net Interest Margin (median %)
|
3.77
|
3.70
|
3.77
|
3.70
|
4.04
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Yield on Earning Assets (median %)
|
5.47
|
5.53
|
6.23
|
5.57
|
6.73
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Cost of Funding Earning Assets (median %)
|
1.82
|
2.02
|
2.56
|
2.07
|
2.83
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Provisions to Avg. Assets (median %)
|
1.68
|
1.42
|
1.15
|
1.83
|
0.75
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Noninterest Income to Avg. Assets (median %)
|
0.40
|
0.42
|
0.35
|
0.42
|
0.45
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Overhead to Avg. Assets (median %)
|
3.42
|
3.26
|
3.46
|
3.36
|
3.48
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Liquidity / Sensitivity
|
Q4-09
|
Q3-09
|
Q4-08
|
2009
|
2008
|
|
Net Loans to Assets (median %)
|
74.2
|
75.5
|
80.8
|
74.2
|
80.8
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Noncore Funding to Assets (median %)
|
29.2
|
30.9
|
35.5
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29.2
|
35.5
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Long-term Assets to Assets (median %, call filers)
|
14.1
|
14.4
|
12.6
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14.1
|
12.6
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Brokered Deposits (number of institutions)
|
70
|
72
|
73
|
70
|
73
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Brokered Deposits to Assets (median % for those above)
|
7.8
|
8.4
|
10.3
|
7.8
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10.3
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Loan Concentrations (median % of Total Risk-Based Capital)
|
Q4-09
|
Q3-09
|
Q4-08
|
2009
|
2008
|
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Commercial and Industrial
|
107.7
|
105.1
|
111.8
|
107.7
|
111.8
|
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Commercial Real Estate
|
421.7
|
437.5
|
468.5
|
421.7
|
468.5
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Construction & Development
|
99.1
|
121.6
|
152.2
|
99.1
|
152.2
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Multifamily Residential Real Estate
|
27.3
|
27.8
|
20.6
|
27.3
|
20.6
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Nonresidential Real Estate
|
259.1
|
247.1
|
224.9
|
259.1
|
224.9
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Residential Real Estate
|
124.3
|
118.5
|
108.6
|
124.3
|
108.6
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Consumer
|
11.9
|
12.5
|
12.6
|
11.9
|
12.6
|
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Agriculture
|
5.7
|
5.6
|
5.6
|
5.7
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5.6
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BANKING PROFILE
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