Wyoming - Third Quarter 2008
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ECONOMIC INDICATORS
(Change from year ago, unless noted)
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Employment Growth Rates
|
Q3-08
|
Q2-08
|
Q3-07
|
2007
|
2006
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
3.0%
|
2.8%
|
3.7%
|
3.9%
|
5.1%
|
|
Manufacturing (3%)
|
-2.6%
|
-2.6%
|
-1.9%
|
0.7%
|
4.5%
|
|
Other (non-manufacturing) Goods-Producing (19%)
|
5.6%
|
5.4%
|
5.4%
|
6.1%
|
16.2%
|
|
Private Service-Producing (54%)
|
2.3%
|
2.3%
|
4.0%
|
4.1%
|
3.8%
|
|
Government (23%)
|
3.2%
|
2.6%
|
2.5%
|
2.3%
|
0.5%
|
|
Unemployment Rate (% of labor force)
|
3.6%
|
2.9%
|
3.0%
|
3.0%
|
3.3%
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Other Indicators
|
Q3-08
|
Q2-08
|
Q3-07
|
2007
|
2006
|
|
Single-Family Home Permits
|
-21.8%
|
-19.3%
|
-3.4%
|
-7.0%
|
-0.4%
|
|
Multifamily Building Permits
|
216.3%
|
239.4%
|
-52.9%
|
-42.0%
|
30.0%
|
|
Home Price Index
|
1.6%
|
4.5%
|
10.5%
|
10.8%
|
13.5%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
1.49
|
1.37
|
1.47
|
1.45
|
1.26
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BANKING TRENDS
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|
General Information
|
Q3-08
|
Q2-08
|
Q3-07
|
2007
|
2006
|
|
Institutions (#)
|
43
|
43
|
44
|
43
|
45
|
|
Total Assets (in millions)
|
8,741
|
7,958
|
7,531
|
7,802
|
7,058
|
|
New Institutions (# < 3 years)
|
3
|
3
|
3
|
3
|
3
|
|
Subchapter S Institutions
|
23
|
27
|
26
|
26
|
26
|
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|
|
|
|
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Asset Quality
|
Q3-08
|
Q2-08
|
Q3-07
|
2007
|
2006
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
2.59
|
2.02
|
1.03
|
1.68
|
1.12
|
|
ALLL/Total Loans (median %)
|
1.13
|
1.07
|
1.12
|
1.09
|
1.20
|
|
ALLL/Noncurrent Loans (median multiple)
|
0.79
|
0.96
|
3.92
|
2.19
|
2.22
|
|
Net Loan Losses / Total Loans (median %)
|
0.00
|
0.04
|
0.03
|
0.04
|
0.04
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|
|
|
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Capital / Earnings
|
Q3-08
|
Q2-08
|
Q3-07
|
2007
|
2006
|
|
Tier 1 Leverage (median %)
|
8.88
|
8.67
|
8.53
|
8.48
|
8.45
|
|
Return on Assets (median %)
|
1.17
|
1.28
|
1.47
|
1.37
|
1.13
|
|
Pretax Return on Assets (median %)
|
1.55
|
1.48
|
1.73
|
1.52
|
1.59
|
|
Net Interest Margin (median %)
|
4.22
|
4.21
|
4.32
|
4.16
|
4.16
|
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Yield on Earning Assets (median %)
|
6.56
|
6.49
|
7.50
|
7.37
|
6.88
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Cost of Funding Earning Assets (median %)
|
2.12
|
2.31
|
3.12
|
3.00
|
2.55
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Provisions to Avg. Assets (median %)
|
0.19
|
0.18
|
0.12
|
0.12
|
0.11
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Noninterest Income to Avg. Assets (median %)
|
0.54
|
0.57
|
0.60
|
0.60
|
0.59
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Overhead to Avg. Assets (median %)
|
2.95
|
2.91
|
2.93
|
3.08
|
2.96
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|
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Liquidity / Sensitivity
|
Q3-08
|
Q2-08
|
Q3-07
|
2007
|
2006
|
|
Loans to Assets (median %)
|
63.6
|
67.0
|
63.6
|
66.6
|
58.3
|
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Noncore Funding to Assets (median %)
|
22.6
|
23.5
|
22.0
|
22.9
|
19.3
|
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Long-term Assets to Assets (median %, call filers)
|
15.7
|
15.8
|
13.4
|
15.2
|
13.4
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|
Brokered Deposits (number of institutions)
|
19
|
19
|
17
|
17
|
15
|
|
Brokered Deposits to Assets (median % for those above)
|
2.3
|
2.2
|
2.3
|
3.0
|
2.8
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|
|
|
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Loan Concentrations (median % of Tier 1 Capital)
|
Q3-08
|
Q2-08
|
Q3-07
|
2007
|
2006
|
|
Commercial and Industrial
|
123.7
|
128.4
|
122.6
|
131.1
|
113.9
|
|
Commercial Real Estate
|
283.3
|
279.0
|
254.4
|
268.7
|
208.2
|
|
Construction & Development
|
95.4
|
94.6
|
86.5
|
92.7
|
70.2
|
|
Multifamily Residential Real Estate
|
8.2
|
8.4
|
5.8
|
7.0
|
3.9
|
|
Nonresidential Real Estate
|
162.5
|
154.1
|
150.1
|
154.4
|
145.7
|
|
Residential Real Estate
|
129.7
|
125.6
|
116.3
|
127.0
|
113.4
|
|
Consumer
|
44.4
|
43.9
|
43.8
|
47.1
|
40.0
|
|
Agriculture
|
48.6
|
47.9
|
51.7
|
48.9
|
50.9
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BANKING PROFILE
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