Puerto Rico and the U.S. Virgin Islands at a Glance
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ECONOMIC INDICATORS
(Change from year ago, unless noted)
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|
Employment Growth Rates
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
-2.8%
|
-2.7%
|
-6.5%
|
-3.6%
|
-4.8%
|
|
Manufacturing (9%)
|
-4.1%
|
-4.2%
|
-10.2%
|
-5.7%
|
-9.3%
|
|
Other (non-manufacturing) Goods-Producing (3%)
|
-23.3%
|
-19.9%
|
-31.0%
|
-22.8%
|
-25.6%
|
|
Private Service-Producing (58%)
|
-0.1%
|
0.5%
|
-2.0%
|
-0.1%
|
-2.7%
|
|
Government (29%)
|
-5.0%
|
-5.7%
|
-9.3%
|
-6.7%
|
-3.4%
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|
Unemployment Rate (% of labor force)
|
15.7%
|
15.9%
|
15.6%
|
16.1%
|
15.0%
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|
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Other Indicators
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BANKING TRENDS
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|
General Information
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Institutions (#)
|
9
|
9
|
12
|
9
|
12
|
|
Total Assets (in millions)
|
78,073
|
81,451
|
92,751
|
78,073
|
92,751
|
|
New Institutions (# < 3 years)
|
0
|
0
|
0
|
0
|
0
|
|
Subchapter S Institutions
|
1
|
1
|
1
|
1
|
1
|
| |
|
|
|
|
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Asset Quality
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
16.88
|
17.39
|
14.88
|
16.88
|
14.88
|
|
Noncurrent Loans / Total Loans (median %)
|
14.54
|
13.16
|
10.24
|
14.54
|
10.24
|
|
ALLL/Total Loans (median %)
|
2.12
|
1.64
|
2.33
|
2.12
|
2.33
|
|
ALLL/Noncurrent Loans (median multiple)
|
0.19
|
0.25
|
0.29
|
0.19
|
0.29
|
|
Net Loan Losses / Total Loans (median %)
|
1.20
|
2.53
|
2.02
|
2.10
|
1.84
|
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|
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Capital / Earnings
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Tier 1 Leverage (median %)
|
7.99
|
8.03
|
7.12
|
7.99
|
7.12
|
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Return on Assets (median %)
|
-0.29
|
0.05
|
-1.28
|
0.14
|
-0.75
|
|
Pretax Return on Assets (median %)
|
-0.36
|
-0.34
|
-0.67
|
0.14
|
-0.69
|
|
Net Interest Margin (median %)
|
3.66
|
3.84
|
3.26
|
3.85
|
3.00
|
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Yield on Earning Assets (median %)
|
5.13
|
5.17
|
5.18
|
5.09
|
5.41
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Cost of Funding Earning Assets (median %)
|
1.48
|
1.56
|
2.15
|
1.59
|
2.30
|
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Provisions to Avg. Assets (median %)
|
1.11
|
0.91
|
1.92
|
1.10
|
1.65
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Noninterest Income to Avg. Assets (median %)
|
0.84
|
0.71
|
0.62
|
0.65
|
0.63
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Overhead to Avg. Assets (median %)
|
2.92
|
2.78
|
2.50
|
2.97
|
2.46
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Liquidity / Sensitivity
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Q4-10
|
Q3-10
|
Q4-09
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2010
|
2009
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|
Net Loans to Assets (median %)
|
70.2
|
67.3
|
67.7
|
70.2
|
67.7
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Noncore Funding to Assets (median %)
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51.7
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52.6
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53.1
|
51.7
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53.1
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Long-term Assets to Assets (median %, call filers)
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41.4
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38.6
|
35.5
|
41.4
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35.5
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Brokered Deposits (number of institutions)
|
8
|
8
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11
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8
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11
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Brokered Deposits to Assets (median % for those above)
|
8.5
|
8.6
|
22.8
|
8.5
|
22.8
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|
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Loan Concentrations (median % of Total Risk-Based Capital)
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
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Commercial and Industrial
|
78.7
|
72.6
|
85.5
|
78.7
|
85.5
|
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Commercial Real Estate
|
171.3
|
168.5
|
196.3
|
171.3
|
196.3
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Construction & Development
|
50.1
|
55.3
|
61.9
|
50.1
|
61.9
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Multifamily Residential Real Estate
|
3.1
|
3.0
|
1.3
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3.1
|
1.3
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Nonresidential Real Estate
|
114.9
|
116.3
|
142.1
|
114.9
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142.1
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Residential Real Estate
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253.4
|
244.1
|
226.8
|
253.4
|
226.8
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Consumer
|
57.9
|
57.7
|
47.0
|
57.9
|
47.0
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Agriculture
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1.0
|
1.8
|
1.1
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1.0
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1.1
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BANKING PROFILE
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