North Dakota 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
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
0.5%
|
2.0%
|
2.6%
|
2.4%
|
1.8%
|
|
Manufacturing (7%)
|
-7.8%
|
0.0%
|
2.6%
|
1.3%
|
0.0%
|
|
Other (non-manufacturing) Goods-Producing (8%)
|
5.2%
|
12.4%
|
10.4%
|
12.7%
|
5.2%
|
|
Private Service-Producing (65%)
|
0.7%
|
1.4%
|
2.5%
|
2.0%
|
2.1%
|
|
Government (21%)
|
1.5%
|
0.8%
|
0.6%
|
0.6%
|
0.2%
|
|
Unemployment Rate (% of labor force)
|
4.2%
|
3.2%
|
3.0%
|
3.2%
|
3.1%
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| |
|
|
|
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Other Indicators
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Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Single-Family Home Permits
|
-89.3%
|
-23.3%
|
-37.9%
|
-19.2%
|
8.1%
|
|
Multifamily Building Permits
|
-69.5%
|
-38.9%
|
105.2%
|
19.0%
|
-22.3%
|
|
Home Price Index
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2.6%
|
3.7%
|
4.1%
|
3.9%
|
5.9%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
2.14
|
2.22
|
1.77
|
2.04
|
1.80
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|
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BANKING TRENDS
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|
General Information
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Institutions (#)
|
95
|
96
|
96
|
96
|
97
|
|
Total Assets (in millions)
|
22,124
|
21,990
|
21,136
|
21,990
|
20,381
|
|
New Institutions (# < 3 years)
|
2
|
2
|
2
|
2
|
3
|
|
Subchapter S Institutions
|
63
|
61
|
61
|
61
|
61
|
| |
|
|
|
|
|
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Asset Quality
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
3.17
|
1.96
|
2.04
|
1.96
|
1.54
|
|
ALLL/Total Loans (median %)
|
1.38
|
1.29
|
1.31
|
1.29
|
1.26
|
|
ALLL/Noncurrent Loans (median multiple)
|
1.25
|
1.50
|
2.02
|
1.50
|
2.87
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|
Net Loan Losses / Total Loans (median %)
|
0.03
|
0.10
|
0.00
|
0.16
|
0.07
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|
|
|
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Capital / Earnings
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Tier 1 Leverage (median %)
|
8.86
|
8.77
|
8.97
|
8.77
|
9.23
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Return on Assets (median %)
|
0.90
|
0.82
|
1.15
|
1.02
|
1.02
|
|
Pretax Return on Assets (median %)
|
1.10
|
1.01
|
1.34
|
1.23
|
1.30
|
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Net Interest Margin (median %)
|
3.86
|
4.10
|
3.86
|
4.00
|
4.07
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Yield on Earning Assets (median %)
|
5.62
|
6.22
|
6.62
|
6.40
|
7.21
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Cost of Funding Earning Assets (median %)
|
1.73
|
2.01
|
2.76
|
2.33
|
3.18
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Provisions to Avg. Assets (median %)
|
0.13
|
0.22
|
0.05
|
0.17
|
0.10
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Noninterest Income to Avg. Assets (median %)
|
0.38
|
0.40
|
0.42
|
0.44
|
0.45
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Overhead to Avg. Assets (median %)
|
2.70
|
2.92
|
2.63
|
2.77
|
2.77
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|
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Liquidity / Sensitivity
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Loans to Assets (median %)
|
64.5
|
65.9
|
63.1
|
65.9
|
66.9
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Noncore Funding to Assets (median %)
|
16.3
|
17.0
|
15.0
|
17.0
|
15.3
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|
Long-term Assets to Assets (median %, call filers)
|
15.5
|
15.6
|
13.3
|
15.6
|
11.8
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|
Brokered Deposits (number of institutions)
|
37
|
38
|
38
|
38
|
37
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|
Brokered Deposits to Assets (median % for those above)
|
4.2
|
3.8
|
4.0
|
3.8
|
5.6
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|
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Loan Concentrations (median % of Tier 1 Capital)
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Commercial and Industrial
|
110.8
|
121.0
|
117.2
|
121.0
|
112.7
|
|
Commercial Real Estate
|
91.0
|
90.9
|
90.5
|
90.9
|
92.1
|
|
Construction & Development
|
14.0
|
14.3
|
18.2
|
14.3
|
13.9
|
|
Multifamily Residential Real Estate
|
1.9
|
1.6
|
1.8
|
1.6
|
1.7
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|
Nonresidential Real Estate
|
67.3
|
72.3
|
63.1
|
72.3
|
61.0
|
|
Residential Real Estate
|
57.3
|
57.6
|
51.9
|
57.6
|
47.7
|
|
Consumer
|
43.3
|
44.9
|
45.4
|
44.9
|
46.2
|
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Agriculture
|
305.7
|
336.8
|
282.8
|
336.8
|
304.1
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BANKING PROFILE
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