Nebraska - Third Quarter 2008
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ECONOMIC INDICATORS
(Change from year ago, unless noted)
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Employment Growth Rates
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Q3-08
|
Q2-08
|
Q3-07
|
2007
|
2006
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
0.9%
|
1.2%
|
2.0%
|
1.7%
|
1.2%
|
|
Manufacturing (10%)
|
-0.4%
|
-0.7%
|
-0.1%
|
-0.2%
|
0.1%
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|
Other (non-manufacturing) Goods-Producing (5%)
|
-0.1%
|
1.9%
|
6.2%
|
4.4%
|
1.1%
|
|
Private Service-Producing (67%)
|
1.5%
|
1.8%
|
2.2%
|
1.9%
|
1.6%
|
|
Government (17%)
|
-0.5%
|
-0.4%
|
1.1%
|
1.1%
|
0.7%
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Unemployment Rate (% of labor force)
|
3.5%
|
3.2%
|
3.1%
|
3.0%
|
3.1%
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Other Indicators
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Q3-08
|
Q2-08
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Q3-07
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2007
|
2006
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|
Single-Family Home Permits
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-24.0%
|
-24.2%
|
4.4%
|
-13.6%
|
-24.8%
|
|
Multifamily Building Permits
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246.5%
|
44.3%
|
-63.0%
|
-27.6%
|
47.5%
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|
Home Price Index
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-0.3%
|
1.4%
|
1.5%
|
2.0%
|
2.6%
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|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
3.92
|
3.50
|
2.86
|
2.90
|
2.25
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BANKING TRENDS
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General Information
|
Q3-08
|
Q2-08
|
Q3-07
|
2007
|
2006
|
|
Institutions (#)
|
244
|
245
|
247
|
248
|
254
|
|
Total Assets (in millions)
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47,268
|
43,548
|
40,726
|
42,498
|
39,625
|
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New Institutions (# < 3 years)
|
4
|
4
|
2
|
4
|
2
|
|
Subchapter S Institutions
|
94
|
94
|
93
|
91
|
83
|
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|
|
|
|
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Asset Quality
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Q3-08
|
Q2-08
|
Q3-07
|
2007
|
2006
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
1.90
|
1.72
|
1.48
|
1.51
|
1.38
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|
ALLL/Total Loans (median %)
|
1.43
|
1.47
|
1.42
|
1.43
|
1.44
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|
ALLL/Noncurrent Loans (median multiple)
|
1.54
|
1.82
|
2.04
|
2.17
|
2.20
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|
Net Loan Losses / Total Loans (median %)
|
0.01
|
0.00
|
0.01
|
0.05
|
0.05
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|
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Capital / Earnings
|
Q3-08
|
Q2-08
|
Q3-07
|
2007
|
2006
|
|
Tier 1 Leverage (median %)
|
9.90
|
9.60
|
9.84
|
9.73
|
9.88
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Return on Assets (median %)
|
1.08
|
1.02
|
1.15
|
1.01
|
1.03
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Pretax Return on Assets (median %)
|
1.30
|
1.30
|
1.45
|
1.26
|
1.32
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Net Interest Margin (median %)
|
3.95
|
3.84
|
3.93
|
3.88
|
4.03
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Yield on Earning Assets (median %)
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6.38
|
6.40
|
7.32
|
7.18
|
6.88
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Cost of Funding Earning Assets (median %)
|
2.45
|
2.62
|
3.33
|
3.25
|
2.83
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Provisions to Avg. Assets (median %)
|
0.01
|
0.00
|
0.00
|
0.04
|
0.07
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Noninterest Income to Avg. Assets (median %)
|
0.49
|
0.49
|
0.54
|
0.52
|
0.53
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Overhead to Avg. Assets (median %)
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2.70
|
2.68
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2.71
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2.83
|
2.86
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Liquidity / Sensitivity
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Q3-08
|
Q2-08
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Q3-07
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2007
|
2006
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Loans to Assets (median %)
|
70.3
|
68.6
|
70.3
|
68.4
|
68.5
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Noncore Funding to Assets (median %)
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20.4
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19.1
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20.5
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19.2
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19.4
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Long-term Assets to Assets (median %, call filers)
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11.4
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11.4
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9.6
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9.8
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10.0
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Brokered Deposits (number of institutions)
|
104
|
101
|
104
|
103
|
102
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Brokered Deposits to Assets (median % for those above)
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2.7
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2.2
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3.3
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2.9
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3.0
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Loan Concentrations (median % of Tier 1 Capital)
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Q3-08
|
Q2-08
|
Q3-07
|
2007
|
2006
|
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Commercial and Industrial
|
87.8
|
90.1
|
88.5
|
86.2
|
85.9
|
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Commercial Real Estate
|
69.2
|
68.5
|
65.2
|
64.4
|
59.5
|
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Construction & Development
|
7.4
|
7.9
|
8.7
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7.3
|
7.3
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Multifamily Residential Real Estate
|
1.0
|
1.1
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0.2
|
0.1
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0.3
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Nonresidential Real Estate
|
46.2
|
43.2
|
42.9
|
43.1
|
44.0
|
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Residential Real Estate
|
71.4
|
68.3
|
66.3
|
64.3
|
69.2
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Consumer
|
33.1
|
33.4
|
34.3
|
35.2
|
35.4
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Agriculture
|
275.5
|
273.1
|
284.3
|
281.9
|
279.9
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BANKING PROFILE
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