Idaho - Third Quarter 2008
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ECONOMIC INDICATORS
(Change from year ago, unless noted)
|
|
Employment Growth Rates
|
Q3-08
|
Q2-08
|
Q3-07
|
2007
|
2006
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
-1.0%
|
-0.2%
|
2.4%
|
2.7%
|
4.4%
|
|
Manufacturing (10%)
|
-6.1%
|
-6.5%
|
-0.9%
|
0.2%
|
4.0%
|
|
Other (non-manufacturing) Goods-Producing (8%)
|
-7.2%
|
-7.4%
|
-0.2%
|
1.3%
|
14.3%
|
|
Private Service-Producing (64%)
|
-0.3%
|
0.7%
|
3.5%
|
3.7%
|
4.3%
|
|
Government (18%)
|
2.7%
|
3.5%
|
2.0%
|
1.2%
|
0.8%
|
|
Unemployment Rate (% of labor force)
|
4.6%
|
3.5%
|
2.7%
|
2.7%
|
3.2%
|
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|
|
|
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Other Indicators
|
Q3-08
|
Q2-08
|
Q3-07
|
2007
|
2006
|
|
Single-Family Home Permits
|
-39.0%
|
-30.9%
|
-31.2%
|
-30.9%
|
-17.8%
|
|
Multifamily Building Permits
|
-72.5%
|
-51.7%
|
11.2%
|
16.8%
|
-18.9%
|
|
Home Price Index
|
-2.0%
|
1.3%
|
6.5%
|
7.4%
|
17.5%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
3.88
|
3.17
|
2.48
|
2.48
|
1.96
|
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|
|
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BANKING TRENDS
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|
General Information
|
Q3-08
|
Q2-08
|
Q3-07
|
2007
|
2006
|
|
Institutions (#)
|
19
|
20
|
19
|
19
|
19
|
|
Total Assets (in millions)
|
7,851
|
7,778
|
7,452
|
7,596
|
6,924
|
|
New Institutions (# < 3 years)
|
3
|
4
|
3
|
3
|
2
|
|
Subchapter S Institutions
|
1
|
2
|
2
|
2
|
1
|
| |
|
|
|
|
|
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Asset Quality
|
Q3-08
|
Q2-08
|
Q3-07
|
2007
|
2006
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
2.20
|
1.52
|
0.91
|
1.43
|
0.51
|
|
ALLL/Total Loans (median %)
|
1.24
|
1.25
|
1.21
|
1.22
|
1.36
|
|
ALLL/Noncurrent Loans (median multiple)
|
0.78
|
1.35
|
3.31
|
1.87
|
3.55
|
|
Net Loan Losses / Total Loans (median %)
|
0.14
|
0.04
|
0.01
|
0.07
|
0.01
|
| |
|
|
|
|
|
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Capital / Earnings
|
Q3-08
|
Q2-08
|
Q3-07
|
2007
|
2006
|
|
Tier 1 Leverage (median %)
|
10.17
|
10.34
|
10.37
|
10.63
|
9.69
|
|
Return on Assets (median %)
|
0.43
|
0.52
|
1.08
|
1.00
|
1.01
|
|
Pretax Return on Assets (median %)
|
0.66
|
0.81
|
1.71
|
1.33
|
1.43
|
|
Net Interest Margin (median %)
|
4.47
|
4.36
|
5.08
|
5.07
|
5.15
|
|
Yield on Earning Assets (median %)
|
6.75
|
6.82
|
8.31
|
8.05
|
7.80
|
|
Cost of Funding Earning Assets (median %)
|
2.24
|
2.31
|
3.01
|
3.00
|
2.50
|
|
Provisions to Avg. Assets (median %)
|
0.52
|
0.51
|
0.19
|
0.14
|
0.26
|
|
Noninterest Income to Avg. Assets (median %)
|
0.80
|
0.83
|
0.86
|
0.86
|
0.80
|
|
Overhead to Avg. Assets (median %)
|
3.86
|
3.75
|
3.72
|
3.68
|
3.67
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|
|
|
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Liquidity / Sensitivity
|
Q3-08
|
Q2-08
|
Q3-07
|
2007
|
2006
|
|
Loans to Assets (median %)
|
78.5
|
78.0
|
77.9
|
77.3
|
76.4
|
|
Noncore Funding to Assets (median %)
|
27.8
|
28.7
|
23.2
|
25.2
|
23.6
|
|
Long-term Assets to Assets (median %, call filers)
|
14.4
|
14.4
|
9.1
|
10.6
|
10.0
|
|
Brokered Deposits (number of institutions)
|
9
|
8
|
8
|
7
|
9
|
|
Brokered Deposits to Assets (median % for those above)
|
15.2
|
10.8
|
4.8
|
6.4
|
4.4
|
| |
|
|
|
|
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Loan Concentrations (median % of Tier 1 Capital)
|
Q3-08
|
Q2-08
|
Q3-07
|
2007
|
2006
|
|
Commercial and Industrial
|
124.4
|
121.5
|
126.3
|
120.9
|
126.4
|
|
Commercial Real Estate
|
404.7
|
386.0
|
377.0
|
359.6
|
393.6
|
|
Construction & Development
|
148.7
|
158.0
|
163.0
|
159.9
|
151.3
|
|
Multifamily Residential Real Estate
|
4.2
|
3.6
|
1.4
|
2.7
|
1.6
|
|
Nonresidential Real Estate
|
163.8
|
152.7
|
169.9
|
154.7
|
166.1
|
|
Residential Real Estate
|
98.3
|
91.2
|
84.7
|
83.5
|
84.9
|
|
Consumer
|
20.5
|
19.5
|
23.9
|
29.5
|
28.3
|
|
Agriculture
|
5.0
|
5.5
|
3.6
|
4.1
|
13.2
|
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BANKING PROFILE
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