Maryland and Washington, D.C. at a Glance
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ECONOMIC INDICATORS
(Change from year ago, unless noted)
|
|
Employment Growth Rates
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
-2.0%
|
-1.4%
|
0.3%
|
-0.4%
|
0.7%
|
|
Manufacturing (5%)
|
-4.3%
|
-4.0%
|
-1.8%
|
-2.8%
|
-2.3%
|
|
Other (non-manufacturing) Goods-Producing (7%)
|
-12.6%
|
-8.1%
|
-1.8%
|
-5.3%
|
-0.4%
|
|
Private Service-Producing (69%)
|
-1.5%
|
-1.3%
|
0.3%
|
-0.3%
|
0.9%
|
|
Government (19%)
|
0.7%
|
1.5%
|
1.9%
|
1.9%
|
1.5%
|
|
Unemployment Rate (% of labor force)
|
6.6%
|
5.1%
|
3.7%
|
4.4%
|
3.5%
|
| |
|
|
|
|
|
|
Other Indicators
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Single-Family Home Permits
|
-36.0%
|
-33.8%
|
-34.5%
|
-38.8%
|
-27.2%
|
|
Multifamily Building Permits
|
-53.5%
|
-69.4%
|
-30.2%
|
-19.8%
|
-27.5%
|
|
Home Price Index
|
-7.8%
|
-7.6%
|
-1.8%
|
-5.2%
|
2.7%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
3.96
|
3.39
|
3.17
|
3.09
|
2.37
|
| |
|
|
|
|
|
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BANKING TRENDS
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|
General Information
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Institutions (#)
|
100
|
101
|
105
|
101
|
105
|
|
Total Assets (in millions)
|
42,160
|
41,797
|
42,825
|
41,797
|
41,827
|
|
New Institutions (# < 3 years)
|
2
|
2
|
4
|
2
|
4
|
|
Subchapter S Institutions
|
5
|
5
|
6
|
5
|
6
|
| |
|
|
|
|
|
|
Asset Quality
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
4.51
|
3.87
|
2.59
|
3.87
|
1.81
|
|
ALLL/Total Loans (median %)
|
0.98
|
0.95
|
0.91
|
0.95
|
0.88
|
|
ALLL/Noncurrent Loans (median multiple)
|
0.46
|
0.51
|
0.74
|
0.51
|
1.14
|
|
Net Loan Losses / Total Loans (median %)
|
0.11
|
0.13
|
0.02
|
0.15
|
0.02
|
| |
|
|
|
|
|
|
Capital / Earnings
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Tier 1 Leverage (median %)
|
9.90
|
9.97
|
10.06
|
9.97
|
10.09
|
|
Return on Assets (median %)
|
0.30
|
0.04
|
0.42
|
0.26
|
0.55
|
|
Pretax Return on Assets (median %)
|
0.35
|
-0.02
|
0.56
|
0.34
|
0.78
|
|
Net Interest Margin (median %)
|
3.26
|
3.41
|
3.57
|
3.53
|
3.73
|
|
Yield on Earning Assets (median %)
|
5.59
|
5.85
|
6.30
|
6.09
|
6.78
|
|
Cost of Funding Earning Assets (median %)
|
2.22
|
2.54
|
3.02
|
2.67
|
3.33
|
|
Provisions to Avg. Assets (median %)
|
0.23
|
0.43
|
0.08
|
0.32
|
0.09
|
|
Noninterest Income to Avg. Assets (median %)
|
0.29
|
0.23
|
0.31
|
0.28
|
0.33
|
|
Overhead to Avg. Assets (median %)
|
2.64
|
2.80
|
2.68
|
2.72
|
2.85
|
| |
|
|
|
|
|
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Liquidity / Sensitivity
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Loans to Assets (median %)
|
75.6
|
76.7
|
74.4
|
76.7
|
75.0
|
|
Noncore Funding to Assets (median %)
|
27.2
|
28.3
|
25.1
|
28.3
|
24.0
|
|
Long-term Assets to Assets (median %, call filers)
|
21.7
|
20.8
|
21.6
|
20.8
|
19.4
|
|
Brokered Deposits (number of institutions)
|
55
|
53
|
45
|
53
|
44
|
|
Brokered Deposits to Assets (median % for those above)
|
6.3
|
6.8
|
6.0
|
6.8
|
5.5
|
| |
|
|
|
|
|
|
Loan Concentrations (median % of Tier 1 Capital)
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Commercial and Industrial
|
62.0
|
62.6
|
59.5
|
62.6
|
61.5
|
|
Commercial Real Estate
|
327.7
|
312.6
|
310.5
|
312.6
|
312.2
|
|
Construction & Development
|
71.9
|
70.0
|
78.8
|
70.0
|
74.8
|
|
Multifamily Residential Real Estate
|
6.7
|
6.2
|
4.8
|
6.2
|
5.6
|
|
Nonresidential Real Estate
|
192.4
|
183.4
|
180.3
|
183.4
|
163.2
|
|
Residential Real Estate
|
321.0
|
319.9
|
309.7
|
319.9
|
299.9
|
|
Consumer
|
8.8
|
9.6
|
9.2
|
9.6
|
11.0
|
|
Agriculture
|
2.4
|
2.0
|
0.5
|
2.0
|
0.3
|
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BANKING PROFILE
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