Oregon 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)
|
-2.4%
|
-0.5%
|
1.2%
|
-0.6%
|
1.6%
|
Manufacturing (11%)
|
-7.1%
|
-4.6%
|
-2.1%
|
-4.4%
|
-1.6%
|
Other (non-manufacturing) Goods-Producing (6%)
|
-13.5%
|
-10.1%
|
0.3%
|
-9.1%
|
2.9%
|
Private Service-Producing (65%)
|
-1.9%
|
0.0%
|
1.6%
|
0.0%
|
2.2%
|
Government (17%)
|
2.8%
|
4.6%
|
2.0%
|
3.1%
|
1.3%
|
Unemployment Rate (% of labor force)
|
7.8%
|
6.5%
|
5.3%
|
6.4%
|
5.1%
|
|
|
|
|
|
|
Other Indicators
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Single-Family Home Permits
|
-58.5%
|
-49.3%
|
-33.8%
|
-50.3%
|
-22.7%
|
Multifamily Building Permits
|
-26.0%
|
3.1%
|
-24.2%
|
-24.3%
|
-8.9%
|
Home Price Index
|
-4.6%
|
-2.7%
|
3.8%
|
-1.4%
|
6.7%
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
3.54
|
3.58
|
2.42
|
3.25
|
2.43
|
|
|
|
|
|
|
BANKING TRENDS
|
General Information
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Institutions (#)
|
40
|
40
|
40
|
40
|
40
|
Total Assets (in millions)
|
35,430
|
35,464
|
37,676
|
35,430
|
37,676
|
New Institutions (# < 3 years)
|
4
|
5
|
5
|
4
|
5
|
Subchapter S Institutions
|
3
|
3
|
3
|
3
|
3
|
|
|
|
|
|
|
Asset Quality
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
3.20
|
3.11
|
1.00
|
3.20
|
1.00
|
ALLL/Total Loans (median %)
|
1.34
|
1.29
|
1.14
|
1.34
|
1.14
|
ALLL/Noncurrent Loans (median multiple)
|
0.43
|
0.46
|
1.75
|
0.43
|
1.75
|
Net Loan Losses / Total Loans (median %)
|
0.47
|
0.02
|
0.03
|
0.27
|
0.02
|
|
|
|
|
|
|
Capital / Earnings
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Tier 1 Leverage (median %)
|
10.72
|
10.84
|
10.61
|
10.72
|
10.61
|
Return on Assets (median %)
|
0.02
|
0.41
|
0.88
|
0.32
|
0.92
|
Pretax Return on Assets (median %)
|
-0.03
|
0.59
|
1.14
|
0.40
|
1.38
|
Net Interest Margin (median %)
|
4.26
|
4.35
|
5.03
|
4.38
|
5.11
|
Yield on Earning Assets (median %)
|
6.35
|
6.74
|
8.09
|
6.82
|
8.14
|
Cost of Funding Earning Assets (median %)
|
2.12
|
2.23
|
2.88
|
2.42
|
3.02
|
Provisions to Avg. Assets (median %)
|
0.97
|
0.37
|
0.24
|
0.79
|
0.19
|
Noninterest Income to Avg. Assets (median %)
|
0.45
|
0.41
|
0.54
|
0.56
|
0.53
|
Overhead to Avg. Assets (median %)
|
3.59
|
3.46
|
3.86
|
3.64
|
3.68
|
|
|
|
|
|
|
Liquidity / Sensitivity
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Loans to Assets (median %)
|
82.0
|
82.2
|
82.0
|
82.0
|
82.0
|
Noncore Funding to Assets (median %)
|
26.0
|
23.9
|
21.5
|
26.0
|
21.5
|
Long-term Assets to Assets (median %, call filers)
|
18.0
|
16.2
|
12.0
|
18.0
|
12.0
|
Brokered Deposits (number of institutions)
|
28
|
28
|
24
|
28
|
24
|
Brokered Deposits to Assets (median % for those above)
|
13.8
|
14.4
|
13.4
|
13.8
|
13.4
|
|
|
|
|
|
|
Loan Concentrations (median % of Tier 1 Capital)
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Commercial and Industrial
|
127.2
|
132.8
|
113.5
|
127.2
|
113.5
|
Commercial Real Estate
|
445.0
|
449.3
|
438.4
|
445.0
|
438.4
|
Construction & Development
|
137.8
|
143.1
|
140.9
|
137.8
|
140.9
|
Multifamily Residential Real Estate
|
20.2
|
20.2
|
18.6
|
20.2
|
18.6
|
Nonresidential Real Estate
|
274.2
|
244.9
|
245.0
|
274.2
|
245.0
|
Residential Real Estate
|
86.9
|
76.0
|
60.9
|
86.9
|
60.9
|
Consumer
|
11.2
|
11.0
|
11.7
|
11.2
|
11.7
|
Agriculture
|
9.6
|
9.5
|
11.2
|
9.6
|
11.2
|
|
|
|
|
|
|
BANKING PROFILE
|