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FDIC Banking Review
Table 2.
Mean and Standard Errors for Financial Variables, by State
(Standard Errors in Parentheses) |
| Variable |
Recover |
Merge |
Remain a Problem |
Fail |
| Number of Banks |
1,326 |
228 |
2,077 |
116 |
| Capital |
| Tangible Equity Capital |
6.68*** |
6.57*** |
6.39*** |
3.90*** |
| (0.08) |
(0.20) |
(0.07) |
(0.29) |
| Capital Injections: |
| From BHC |
0.19*** |
0.41*** |
0.20*** |
0.14* |
| (0.02) |
(0.06) |
(0.02) |
(0.08) |
| Outside |
0.36*** |
0.29*** |
0.29*** |
0.42*** |
| (0.04) |
(0.09) |
(0.03) |
(0.13) |
| Asset Quality |
| Past-Due Loans (30 - 89 days) |
1.88*** |
2.12*** |
2.43*** |
3.08*** |
| (0.04) |
(0.10) |
(0.03) |
(0.14) |
| Past-Due Loans (90+ days) |
0.59*** |
0.65*** |
0.92*** |
1.17*** |
| (0.04) |
(0.09) |
(0.03) |
(0.13) |
| Nonaccrual Loans and Leases |
2.17*** |
2.56*** |
2.64*** |
3.82*** |
| (0.06) |
(0.14) |
(0.05) |
(0.20) |
| Other Real Estate Owned |
2.00*** |
1.88*** |
2.60*** |
3.19 |
| (0.07) |
(0.17) |
(0.06) |
(0.23)*** |
| Allowance for Loan Loss |
1.69*** |
1.97*** |
1.72*** |
2.11*** |
| (0.03) |
(0.07) |
(0.02) |
(0.10) |
| Management |
| Efficiency Ratio |
88.32*** |
94.15*** |
94.43*** |
115.77*** |
| (0.67) |
(1.62) |
(0.54) |
(2.28) |
| Earnings |
| Total Interest Income |
8.80*** |
8.99*** |
9.59*** |
10.58*** |
| (0.09) |
(0.21) |
(0.07) |
(0.29) |
| Total Noninterest income |
1.41*** |
1.44*** |
1.45 |
***1.98*** |
| (0.06) |
(0.15) |
(0.05) |
(0.21) |
| Total Interest Expense |
4.47*** |
4.51*** |
5.27*** |
6.51*** |
| (0.06) |
(0.14) |
(0.05) |
(0.20) |
| Loan-Loss Provision |
1.35*** |
2.23*** |
1.81*** |
3.21*** |
| (0.07) |
(0.16) |
(0.05) |
(0.22) |
| Loan Charge-offs |
1.46*** |
1.78*** |
1.80*** |
2.86*** |
| (0.05) |
(0.12) |
(0.04) |
(0.17) |
| Expenses on Premises |
0.68*** |
0.75*** |
0.77*** |
0.96*** |
| (0.01) |
(0.03) |
(0.01) |
(0.04) |
| Salaries |
2.06*** |
2.08*** |
2.18*** |
2.56*** |
| (0.03) |
(0.08) |
(0.03) |
(0.11) |
| Other noninterest expense |
2.23*** |
2.54*** |
2.43*** |
3.29*** |
| (0.05) |
(0.11) |
(0.04) |
(0.16) |
| Liquidity |
| Volatile Liabilities |
13.26*** |
13.62*** |
14.96*** |
15.04*** |
| (0.27) |
(0.65) |
(0.22) |
(0.91) |
| Loans + Securities > Five Years |
66.13*** |
68.11*** |
68.71*** |
68.04*** |
| (0.31) |
(0.76) |
(0.25) |
(1.06) |
| Significance at 1%, 5% and 10% levels are indicated by ***, **, and * asterisks, respectively. |
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