Oklahoma at a Glance
ECONOMIC INDICATORS
(Change from year ago, unless noted)
|
Employment Growth Rates
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
1.2%
|
1.6%
|
2.0%
|
1.7%
|
1.8%
|
Manufacturing (9%)
|
-1.2%
|
-0.5%
|
0.2%
|
0.1%
|
0.9%
|
Other (non-manufacturing) Goods-Producing (8%)
|
5.9%
|
8.5%
|
6.3%
|
8.0%
|
5.1%
|
Private Service-Producing (62%)
|
0.9%
|
1.2%
|
2.2%
|
1.5%
|
1.9%
|
Government (20%)
|
1.4%
|
0.9%
|
0.6%
|
0.8%
|
1.0%
|
Unemployment Rate (% of labor force)
|
4.4%
|
3.9%
|
3.8%
|
3.8%
|
4.1%
|
|
|
|
|
|
|
Other Indicators
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Single-Family Home Permits
|
-40.8%
|
-35.7%
|
-9.0%
|
-32.3%
|
-15.4%
|
Multifamily Building Permits
|
-43.1%
|
-11.7%
|
72.9%
|
-39.4%
|
43.4%
|
Home Price Index
|
1.1%
|
2.6%
|
5.2%
|
3.3%
|
5.2%
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
3.08
|
3.08
|
2.33
|
2.94
|
2.42
|
|
|
|
|
|
|
BANKING TRENDS
|
General Information
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Institutions (#)
|
253
|
255
|
259
|
253
|
259
|
Total Assets (in millions)
|
79,774
|
78,348
|
72,848
|
79,774
|
72,848
|
New Institutions (# < 3 years)
|
1
|
1
|
1
|
1
|
1
|
Subchapter S Institutions
|
169
|
170
|
160
|
169
|
160
|
|
|
|
|
|
|
Asset Quality
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
2.64
|
2.29
|
2.43
|
2.64
|
2.43
|
ALLL/Total Loans (median %)
|
1.14
|
1.13
|
1.13
|
1.14
|
1.13
|
ALLL/Noncurrent Loans (median multiple)
|
0.93
|
1.18
|
1.39
|
0.93
|
1.39
|
Net Loan Losses / Total Loans (median %)
|
0.25
|
0.12
|
0.22
|
0.22
|
0.16
|
|
|
|
|
|
|
Capital / Earnings
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Tier 1 Leverage (median %)
|
9.12
|
9.32
|
9.33
|
9.12
|
9.33
|
Return on Assets (median %)
|
0.90
|
1.34
|
1.09
|
1.22
|
1.27
|
Pretax Return on Assets (median %)
|
1.00
|
1.50
|
1.27
|
1.30
|
1.41
|
Net Interest Margin (median %)
|
4.30
|
4.41
|
4.47
|
4.32
|
4.46
|
Yield on Earning Assets (median %)
|
6.18
|
6.42
|
7.50
|
6.51
|
7.47
|
Cost of Funding Earning Assets (median %)
|
1.84
|
2.02
|
2.93
|
2.16
|
2.95
|
Provisions to Avg. Assets (median %)
|
0.29
|
0.15
|
0.13
|
0.21
|
0.12
|
Noninterest Income to Avg. Assets (median %)
|
0.82
|
0.85
|
0.89
|
0.84
|
0.89
|
Overhead to Avg. Assets (median %)
|
3.46
|
3.16
|
3.54
|
3.28
|
3.31
|
|
|
|
|
|
|
Liquidity / Sensitivity
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Loans to Assets (median %)
|
65.0
|
64.3
|
63.3
|
65.0
|
63.3
|
Noncore Funding to Assets (median %)
|
24.0
|
23.8
|
22.8
|
24.0
|
22.8
|
Long-term Assets to Assets (median %, call filers)
|
18.5
|
17.5
|
13.8
|
18.5
|
13.8
|
Brokered Deposits (number of institutions)
|
90
|
83
|
70
|
90
|
70
|
Brokered Deposits to Assets (median % for those above)
|
5.4
|
5.4
|
4.3
|
5.4
|
4.3
|
|
|
|
|
|
|
Loan Concentrations (median % of Tier 1 Capital)
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Commercial and Industrial
|
96.0
|
101.0
|
101.2
|
96.0
|
101.2
|
Commercial Real Estate
|
165.8
|
155.1
|
151.7
|
165.8
|
151.7
|
Construction & Development
|
29.7
|
28.5
|
23.9
|
29.7
|
23.9
|
Multifamily Residential Real Estate
|
1.2
|
0.9
|
0.2
|
1.2
|
0.2
|
Nonresidential Real Estate
|
110.7
|
107.7
|
109.4
|
110.7
|
109.4
|
Residential Real Estate
|
130.5
|
128.9
|
121.1
|
130.5
|
121.1
|
Consumer
|
59.0
|
59.2
|
62.8
|
59.0
|
62.8
|
Agriculture
|
80.8
|
75.2
|
82.4
|
80.8
|
82.4
|
|
|
|
|
|
|
BANKING PROFILE
|