Washington at a Glance
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ECONOMIC INDICATORS
(Change from year ago, unless noted)
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|
Employment Growth Rates
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
-3.5%
|
-2.6%
|
1.4%
|
0.9%
|
2.6%
|
|
Manufacturing (10%)
|
-9.1%
|
-6.6%
|
0.8%
|
-0.8%
|
2.6%
|
|
Other (non-manufacturing) Goods-Producing (7%)
|
-13.4%
|
-11.3%
|
-2.7%
|
-3.4%
|
6.3%
|
|
Private Service-Producing (65%)
|
-2.8%
|
-2.1%
|
1.7%
|
1.3%
|
2.7%
|
|
Government (19%)
|
0.8%
|
1.1%
|
2.0%
|
2.2%
|
0.7%
|
|
Unemployment Rate (% of labor force)
|
9.1%
|
8.4%
|
5.1%
|
5.3%
|
4.5%
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| |
|
|
|
|
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Other Indicators
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Single-Family Home Permits
|
-33.7%
|
-49.6%
|
-41.0%
|
-41.3%
|
-14.8%
|
|
Multifamily Building Permits
|
-82.2%
|
-58.3%
|
4.0%
|
-35.3%
|
15.0%
|
|
Home Price Index
|
-7.8%
|
-5.3%
|
-0.1%
|
-1.2%
|
7.5%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
4.61
|
4.11
|
3.16
|
3.22
|
2.34
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BANKING TRENDS
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|
General Information
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Institutions (#)
|
96
|
96
|
97
|
97
|
97
|
|
Total Assets (in millions)
|
78,983
|
79,996
|
78,165
|
79,874
|
75,046
|
|
New Institutions (# < 3 years)
|
10
|
11
|
11
|
11
|
13
|
|
Subchapter S Institutions
|
14
|
13
|
13
|
13
|
11
|
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|
|
|
|
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Asset Quality
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
5.49
|
4.86
|
2.01
|
3.94
|
1.42
|
|
Noncurrent Loans / Total Loans (median %)
|
4.32
|
3.50
|
0.86
|
2.69
|
0.45
|
|
ALLL/Total Loans (median %)
|
2.07
|
1.86
|
1.33
|
1.62
|
1.26
|
|
ALLL/Noncurrent Loans (median multiple)
|
0.48
|
0.48
|
1.05
|
0.59
|
1.59
|
|
Net Loan Losses / Total Loans (median %)
|
1.13
|
0.58
|
0.09
|
0.33
|
0.03
|
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|
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Capital / Earnings
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Tier 1 Leverage (median %)
|
9.17
|
9.53
|
10.02
|
9.57
|
10.13
|
|
Return on Assets (median %)
|
-0.60
|
-0.06
|
0.55
|
0.19
|
0.96
|
|
Pretax Return on Assets (median %)
|
-0.70
|
-0.16
|
0.82
|
0.14
|
1.21
|
|
Net Interest Margin (median %)
|
3.66
|
3.49
|
4.09
|
4.04
|
4.67
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Yield on Earning Assets (median %)
|
5.64
|
5.77
|
6.77
|
6.73
|
7.96
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|
Cost of Funding Earning Assets (median %)
|
2.10
|
2.24
|
2.75
|
2.83
|
3.40
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Provisions to Avg. Assets (median %)
|
1.24
|
0.98
|
0.44
|
0.75
|
0.22
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Noninterest Income to Avg. Assets (median %)
|
0.38
|
0.40
|
0.45
|
0.47
|
0.47
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|
Overhead to Avg. Assets (median %)
|
3.58
|
3.19
|
3.28
|
3.48
|
3.35
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Liquidity / Sensitivity
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Net Loans to Assets (median %)
|
77.4
|
77.8
|
83.3
|
80.8
|
81.3
|
|
Noncore Funding to Assets (median %)
|
32.5
|
33.7
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32.3
|
35.5
|
29.2
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Long-term Assets to Assets (median %, call filers)
|
14.5
|
13.1
|
12.4
|
12.6
|
11.5
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Brokered Deposits (number of institutions)
|
69
|
73
|
66
|
73
|
64
|
|
Brokered Deposits to Assets (median % for those above)
|
10.8
|
11.4
|
7.6
|
10.3
|
7.0
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Loan Concentrations (median % of Total Risk-Based Capital)
|
Q2-09
|
Q1-09
|
Q2-08
|
2008
|
2007
|
|
Commercial and Industrial
|
107.2
|
106.9
|
108.6
|
111.6
|
107.5
|
|
Commercial Real Estate
|
437.6
|
452.4
|
421.4
|
468.5
|
416.7
|
|
Construction & Development
|
124.5
|
136.4
|
164.0
|
152.2
|
160.8
|
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Multifamily Residential Real Estate
|
23.9
|
21.7
|
21.1
|
20.6
|
17.3
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Nonresidential Real Estate
|
247.0
|
230.7
|
206.9
|
224.9
|
194.8
|
|
Residential Real Estate
|
114.7
|
97.5
|
84.2
|
108.6
|
73.4
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Consumer
|
12.1
|
12.0
|
12.1
|
12.7
|
11.1
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Agriculture
|
5.1
|
5.3
|
3.4
|
5.6
|
2.1
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BANKING PROFILE
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