Nevada at a Glance
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ECONOMIC INDICATORS
(Change from year ago, unless noted)
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|
Employment Growth Rates
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
-4.9%
|
-3.9%
|
-0.7%
|
-2.0%
|
1.0%
|
|
Manufacturing (4%)
|
-6.9%
|
-5.4%
|
-2.3%
|
-3.8%
|
-0.3%
|
|
Other (non-manufacturing) Goods-Producing (10%)
|
-15.2%
|
-13.1%
|
-9.2%
|
-11.1%
|
-5.7%
|
|
Private Service-Producing (73%)
|
-4.3%
|
-3.5%
|
0.1%
|
-1.4%
|
1.6%
|
|
Government (13%)
|
0.1%
|
2.2%
|
3.3%
|
3.0%
|
4.5%
|
|
Unemployment Rate (% of labor force)
|
9.9%
|
8.0%
|
5.5%
|
6.7%
|
4.7%
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| |
|
|
|
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Other Indicators
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Single-Family Home Permits
|
-51.1%
|
-67.3%
|
-69.3%
|
-57.0%
|
-38.2%
|
|
Multifamily Building Permits
|
-56.9%
|
-79.4%
|
81.8%
|
-33.2%
|
7.9%
|
|
Home Price Index
|
-19.7%
|
-22.1%
|
-10.9%
|
-17.3%
|
-3.2%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
8.68
|
7.60
|
5.42
|
7.00
|
4.16
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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 (#)
|
40
|
41
|
45
|
41
|
44
|
|
Total Assets (in millions)
|
1,267,858
|
1,353,295
|
1,726,102
|
1,353,295
|
1,679,552
|
|
New Institutions (# < 3 years)
|
9
|
9
|
12
|
9
|
11
|
|
Subchapter S Institutions
|
5
|
6
|
7
|
6
|
7
|
| |
|
|
|
|
|
|
Asset Quality
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
5.83
|
5.25
|
3.02
|
5.25
|
1.51
|
|
ALLL/Total Loans (median %)
|
1.97
|
1.71
|
1.25
|
1.71
|
1.19
|
|
ALLL/Noncurrent Loans (median multiple)
|
0.52
|
0.59
|
0.91
|
0.59
|
1.37
|
|
Net Loan Losses / Total Loans (median %)
|
0.58
|
0.91
|
0.18
|
0.60
|
0.04
|
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|
|
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Capital / Earnings
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Tier 1 Leverage (median %)
|
10.36
|
10.91
|
11.39
|
10.91
|
11.29
|
|
Return on Assets (median %)
|
-1.05
|
-0.99
|
0.11
|
-0.36
|
1.15
|
|
Pretax Return on Assets (median %)
|
-1.20
|
-1.53
|
0.17
|
-0.53
|
1.40
|
|
Net Interest Margin (median %)
|
3.78
|
3.83
|
4.45
|
4.17
|
4.85
|
|
Yield on Earning Assets (median %)
|
5.60
|
6.08
|
7.07
|
6.39
|
7.76
|
|
Cost of Funding Earning Assets (median %)
|
1.62
|
1.93
|
2.63
|
2.18
|
3.00
|
|
Provisions to Avg. Assets (median %)
|
1.24
|
1.10
|
0.63
|
0.75
|
0.33
|
|
Noninterest Income to Avg. Assets (median %)
|
0.31
|
0.17
|
0.28
|
0.25
|
0.24
|
|
Overhead to Avg. Assets (median %)
|
3.42
|
4.11
|
3.69
|
4.03
|
3.50
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|
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Liquidity / Sensitivity
|
Q1-09
|
Q4-08
|
Q1-08
|
2008
|
2007
|
|
Loans to Assets (median %)
|
75.5
|
76.3
|
74.9
|
76.3
|
74.1
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|
Noncore Funding to Assets (median %)
|
35.0
|
34.0
|
29.4
|
34.0
|
22.9
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|
Long-term Assets to Assets (median %, call filers)
|
14.0
|
12.5
|
11.8
|
12.5
|
9.8
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|
Brokered Deposits (number of institutions)
|
27
|
28
|
24
|
28
|
24
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|
Brokered Deposits to Assets (median % for those above)
|
12.6
|
13.8
|
14.4
|
13.8
|
11.6
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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
|
67.7
|
76.5
|
65.7
|
76.5
|
55.0
|
|
Commercial Real Estate
|
279.9
|
255.6
|
208.5
|
255.6
|
211.0
|
|
Construction & Development
|
93.1
|
99.5
|
109.5
|
99.5
|
102.9
|
|
Multifamily Residential Real Estate
|
1.0
|
1.4
|
0.0
|
1.4
|
0.0
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Nonresidential Real Estate
|
170.7
|
154.3
|
107.7
|
154.3
|
94.7
|
|
Residential Real Estate
|
35.4
|
33.7
|
26.1
|
33.7
|
24.2
|
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Consumer
|
8.0
|
7.3
|
4.7
|
7.3
|
5.4
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Agriculture
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
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BANKING PROFILE
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