Washington 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
|
2008
|
2007
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
-2.6%
|
-0.9%
|
2.3%
|
0.9%
|
2.6%
|
|
Manufacturing (10%)
|
-6.6%
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-5.6%
|
2.1%
|
-0.8%
|
2.6%
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|
Other (non-manufacturing) Goods-Producing (7%)
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-11.3%
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-7.5%
|
1.3%
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-3.4%
|
6.3%
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|
Private Service-Producing (65%)
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-2.1%
|
-0.3%
|
2.4%
|
1.3%
|
2.7%
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|
Government (19%)
|
1.1%
|
2.1%
|
2.2%
|
2.2%
|
0.7%
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Unemployment Rate (% of labor force)
|
8.4%
|
6.2%
|
4.7%
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5.3%
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4.5%
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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
|
|
Single-Family Home Permits
|
-49.6%
|
-45.7%
|
-42.2%
|
-41.3%
|
-14.8%
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|
Multifamily Building Permits
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-58.3%
|
-44.3%
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-48.6%
|
-35.3%
|
15.0%
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Home Price Index
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-5.2%
|
-3.8%
|
2.8%
|
-0.9%
|
7.7%
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|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
4.11
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3.54
|
2.80
|
3.22
|
2.34
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BANKING TRENDS
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General Information
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Institutions (#)
|
96
|
97
|
97
|
97
|
97
|
|
Total Assets (in millions)
|
80,020
|
79,875
|
77,025
|
79,875
|
75,046
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New Institutions (# < 3 years)
|
11
|
11
|
14
|
11
|
13
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Subchapter S Institutions
|
13
|
13
|
13
|
13
|
11
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Asset Quality
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Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
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|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
4.86
|
3.94
|
1.75
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3.94
|
1.42
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ALLL/Total Loans (median %)
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1.78
|
1.60
|
1.32
|
1.60
|
1.26
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ALLL/Noncurrent Loans (median multiple)
|
0.47
|
0.59
|
1.49
|
0.59
|
1.59
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Net Loan Losses / Total Loans (median %)
|
0.58
|
0.55
|
0.00
|
0.33
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0.03
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Capital / Earnings
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Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
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|
Tier 1 Leverage (median %)
|
9.53
|
9.57
|
10.08
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9.57
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10.13
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Return on Assets (median %)
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-0.04
|
-0.37
|
0.77
|
0.19
|
0.96
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Pretax Return on Assets (median %)
|
-0.10
|
-0.96
|
1.02
|
0.14
|
1.21
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Net Interest Margin (median %)
|
3.48
|
3.77
|
4.23
|
4.04
|
4.67
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Yield on Earning Assets (median %)
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5.77
|
6.23
|
7.22
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6.73
|
7.96
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Cost of Funding Earning Assets (median %)
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2.26
|
2.56
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3.17
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2.83
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3.40
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Provisions to Avg. Assets (median %)
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0.98
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1.10
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0.28
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0.75
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0.22
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Noninterest Income to Avg. Assets (median %)
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0.40
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0.36
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0.45
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0.47
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0.47
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Overhead to Avg. Assets (median %)
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3.19
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3.46
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3.24
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3.48
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3.35
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Liquidity / Sensitivity
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Q1-09
|
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 %)
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79.6
|
82.6
|
83.5
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82.6
|
82.8
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Noncore Funding to Assets (median %)
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33.7
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35.5
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30.0
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35.5
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29.2
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Long-term Assets to Assets (median %, call filers)
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13.1
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12.6
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12.3
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12.6
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11.5
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Brokered Deposits (number of institutions)
|
73
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73
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64
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73
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64
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Brokered Deposits to Assets (median % for those above)
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11.4
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10.3
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6.5
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10.3
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7.0
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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
|
114.6
|
118.8
|
115.4
|
118.8
|
117.0
|
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Commercial Real Estate
|
500.3
|
523.2
|
463.5
|
523.2
|
456.7
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Construction & Development
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150.8
|
168.7
|
183.6
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168.7
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172.0
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Multifamily Residential Real Estate
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22.5
|
22.6
|
20.7
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22.6
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19.0
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Nonresidential Real Estate
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253.5
|
249.3
|
212.5
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249.3
|
211.9
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Residential Real Estate
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111.1
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119.0
|
83.9
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119.0
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83.2
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Consumer
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13.2
|
13.9
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12.9
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13.9
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12.4
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Agriculture
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5.9
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6.4
|
3.7
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6.4
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2.3
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BANKING PROFILE
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