Table 4.
Selected Descriptive Statistics for Data in Logits: Mean Standard Deviation, and Minimum and Maximum Values of Financial Ratios for Each State |
| Variable |
All |
Recover |
Merge |
Remain a Problem |
Fail |
| Number of Banks |
3,747 |
1,326 |
228 |
2,077 |
116 |
Capital
Tangible Equity Capital |
| Mean |
6.42 |
6.68 |
6.57 |
6.39 |
3.90 |
| Standard Deviation |
3.12 |
2.54 |
3.42 |
3.37 |
2.76 |
| Minimum |
-4.77 |
-0.10 |
-4.77 |
-1.26 |
-1.37 |
| Maximum |
63.10 |
38.34 |
34.52 |
63.10 |
15.79 |
Capital Injections:
From BHC |
| Mean |
0.20 |
0.19 |
0.41 |
0.20 |
0.14 |
| Standard Deviation |
0.87 |
0.82 |
1.41 |
0.84 |
0.65 |
| Minimum |
-1.07 |
-1.07 |
0.00 |
-0.93 |
-0.02 |
| Maximum |
12.87 |
9.98 |
12.87 |
8.97 |
4.74 |
| Outside |
| Mean |
0.36 |
0.36 |
0.29 |
0.29 |
0.42 |
| Standard Deviation |
1.38 |
1.46 |
1.52 |
1.25 |
2.24 |
| Minimum |
-2.03 |
-1.89 |
-0.07 |
-2.03 |
-0.62 |
| Maximum |
25.16 |
15.98 |
15.98 |
25.16 |
18.38 |
Asset Quality
Past-Due Loans (30 - 89 days) |
| Mean |
2.24 |
1.88 |
2.12 |
2.43 |
3.08 |
| Standard Deviation |
1.58 |
1.38 |
1.84 |
1.60 |
1.95 |
| Minimum |
0.00 |
0.00 |
0.00 |
0.00 |
0.25 |
| Maximum |
18.66 |
12.41 |
18.66 |
13.96 |
9.59 |
| Past-Due Loans (90+ days) |
| Mean |
0.79 |
0.59 |
0.65 |
0.92 |
1.17 |
| Standard Deviation |
1.39 |
0.81 |
0.81 |
1.66 |
1.82 |
| Minimum |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Maximum |
44.66 |
10.25 |
6.22 |
44.66 |
14.42 |
| Nonaccrual Loans and Leases |
| Mean |
2.51 |
2.17 |
2.56 |
2.64 |
3.82 |
| Standard Deviation |
2.13 |
1.83 |
2.62 |
2.19 |
2.36 |
| Minimum |
0.00 |
0.00 |
0.00 |
0.00 |
0.05 |
| Maximum |
24.71 |
15.60 |
24.71 |
17.67 |
11.18 |
| Other Real Estate Owned |
| Mean |
2.36 |
2.00 |
1.88 |
2.60 |
3.19 |
| Standard Deviation |
2.55 |
2.13 |
1.97 |
2.79 |
2.63 |
| Minimum |
-10.05 |
0.00 |
0.00 |
-10.05 |
-0.24 |
| Maximum |
20.20 |
18.61 |
10.99 |
20.20 |
12.48 |
| Allowance for Loan Loss |
| Mean |
1.74 |
1.69 |
1.97 |
1.72 |
2.11 |
| Standard Deviation |
1.13 |
1.08 |
2.01 |
1.03 |
0.95 |
| Minimum |
0.11 |
0.11 |
0.36 |
0.14 |
0.28 |
| Maximum |
26.45 |
19.82 |
26.45 |
14.13 |
5.63 |
Management
Efficiency Ratio |
| Mean |
92.91 |
88.32 |
94.15 |
94.43 |
115.77 |
| Standard Deviation |
25.00 |
22.85 |
25.34 |
25.09 |
29.99 |
| Minimum |
-30.64 |
-30.64 |
35.09 |
29.38 |
26.72 |
| Maximum |
198.71 |
193.89 |
195.03 |
198.71 |
194.40 |
Earnings
Total Interest Income |
| Mean |
9.30 |
8.80 |
8.99 |
9.59 |
10.58 |
| Standard Deviation |
3.14 |
2.60 |
4.63 |
3.14 |
4.11 |
| Minimum |
-0.01 |
-0.01 |
5.24 |
0.97 |
4.47 |
| Maximum |
64.32 |
33.69 |
64.32 |
32.78 |
26.25 |
| Total Noninterest income |
| Mean |
1.45 |
1.41 |
1.44 |
1.45 |
1.98 |
| Standard Deviation |
2.31 |
2.18 |
1.84 |
2.38 |
3.20 |
| Minimum |
-0.09 |
-0.09 |
0.00 |
-0.05 |
0.18 |
| Maximum |
46.35 |
37.82 |
16.34 |
46.35 |
30.51 |
| Total Interest Expense |
| Mean |
4.98 |
4.47 |
4.51 |
5.27 |
6.51 |
| Standard Deviation |
2.18 |
1.76 |
2.25 |
2.28 |
2.95 |
| Minimum |
-0.68 |
-0.68 |
1.25 |
0.25 |
0.95 |
| Maximum |
17.01 |
14.74 |
15.42 |
17.01 |
16.57 |
| Loan-Loss Provision |
| Mean |
1.72 |
1.35 |
2.23 |
1.81 |
3.21 |
| Standard Deviation |
2.43 |
1.72 |
6.07 |
2.02 |
2.69 |
| Minimum |
-13.56 |
-2.17 |
-1.54 |
-13.56 |
-0.42 |
| Maximum |
87.33 |
23.14 |
87.33 |
24.55 |
13.82 |
| Loan Charge-offs |
| Mean |
1.71 |
1.46 |
1.78 |
1.80 |
2.86 |
| Standard Deviation |
1.89 |
1.41 |
3.52 |
1.86 |
2.06 |
| Minimum |
-6.32 |
-0.49 |
-6.32 |
0.00 |
0.25 |
| Maximum |
47.20 |
19.12 |
47.20 |
24.12 |
11.50 |
| Expenses on Premises |
| Mean |
0.75 |
0.68 |
0.75 |
0.77 |
0.96 |
| Standard Deviation |
0.46 |
0.40 |
0.44 |
0.47 |
0.67 |
| Minimum |
-0.48 |
-0.48 |
0.00 |
-0.04 |
0.15 |
| Maximum |
4.46 |
3.38 |
2.79 |
4.35 |
4.46 |
| Salaries |
| Mean |
2.14 |
2.06 |
2.08 |
2.18 |
2.56 |
| Standard Deviation |
1.18 |
0.95 |
0.99 |
1.23 |
2.32 |
| Minimum |
0.00 |
0.06 |
0.00 |
0.04 |
0.43 |
| Maximum |
22.99 |
16.14 |
9.17 |
22.36 |
22.99 |
| Other noninterest expense |
| Mean |
2.39 |
2.23 |
2.54 |
2.43 |
3.29 |
| Standard Deviation |
1.68 |
1.55 |
2.43 |
1.61 |
2.12 |
| Minimum |
-3.03 |
-3.03 |
0.45 |
-0.41 |
0.71 |
| Maximum |
32.70 |
22.46 |
32.70 |
25.38 |
14.86 |
Liquidity
Volatile Liabilities |
| Mean |
14.28 |
13.26 |
13.62 |
14.96 |
15.04 |
| Standard Deviation |
9.85 |
9.51 |
11.08 |
9.90 |
9.26 |
| Minimum |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Maximum |
90.19 |
86.08 |
90.19 |
89.43 |
51.54 |
| Loans + Securities > Five years |
| Mean |
67.74 |
66.13 |
68.11 |
68.71 |
68.04 |
| Standard Deviation |
11.51 |
11.39 |
12.15 |
11.43 |
11.21 |
| Minimum |
19.40 |
24.31 |
19.40 |
22.14 |
37.34 |
| Maximum |
102.02 |
102.02 |
96.38 |
101.05 |
90.33 |
