Colorado 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)
|
-0.9%
|
0.7%
|
2.3%
|
0.8%
|
2.3%
|
Manufacturing (6%)
|
-4.4%
|
-2.0%
|
-0.2%
|
-1.8%
|
-1.4%
|
Other (non-manufacturing) Goods-Producing (8%)
|
-5.5%
|
-2.1%
|
2.4%
|
-1.8%
|
2.2%
|
Private Service-Producing (69%)
|
-0.9%
|
0.9%
|
2.5%
|
0.9%
|
2.7%
|
Government (16%)
|
2.7%
|
2.6%
|
2.4%
|
2.5%
|
2.0%
|
Unemployment Rate (% of labor force)
|
5.5%
|
4.9%
|
4.1%
|
4.9%
|
3.9%
|
|
|
|
|
|
|
Other Indicators
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Single-Family Home Permits
|
-51.1%
|
-38.5%
|
-35.4%
|
-43.0%
|
-31.5%
|
Multifamily Building Permits
|
-47.4%
|
-6.6%
|
98.2%
|
-18.5%
|
10.3%
|
Home Price Index
|
-0.1%
|
-0.1%
|
1.6%
|
0.8%
|
2.3%
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
4.28
|
4.54
|
3.28
|
4.07
|
3.05
|
|
|
|
|
|
|
BANKING TRENDS
|
General Information
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Institutions (#)
|
153
|
156
|
159
|
153
|
159
|
Total Assets (in millions)
|
53,320
|
52,740
|
50,951
|
53,320
|
50,951
|
New Institutions (# < 3 years)
|
8
|
8
|
6
|
8
|
6
|
Subchapter S Institutions
|
41
|
44
|
43
|
41
|
43
|
|
|
|
|
|
|
Asset Quality
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
2.26
|
1.81
|
1.54
|
2.26
|
1.54
|
ALLL/Total Loans (median %)
|
1.37
|
1.26
|
1.10
|
1.37
|
1.10
|
ALLL/Noncurrent Loans (median multiple)
|
0.84
|
0.94
|
1.23
|
0.84
|
1.23
|
Net Loan Losses / Total Loans (median %)
|
0.19
|
0.09
|
0.05
|
0.18
|
0.06
|
|
|
|
|
|
|
Capital / Earnings
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Tier 1 Leverage (median %)
|
8.94
|
9.00
|
8.77
|
8.94
|
8.77
|
Return on Assets (median %)
|
0.43
|
0.72
|
1.01
|
0.60
|
1.05
|
Pretax Return on Assets (median %)
|
0.61
|
0.87
|
1.26
|
0.79
|
1.34
|
Net Interest Margin (median %)
|
4.12
|
4.16
|
4.23
|
4.08
|
4.28
|
Yield on Earning Assets (median %)
|
6.12
|
6.38
|
7.36
|
6.40
|
7.35
|
Cost of Funding Earning Assets (median %)
|
1.84
|
1.93
|
2.97
|
2.08
|
3.00
|
Provisions to Avg. Assets (median %)
|
0.46
|
0.25
|
0.13
|
0.40
|
0.13
|
Noninterest Income to Avg. Assets (median %)
|
0.58
|
0.69
|
0.74
|
0.65
|
0.77
|
Overhead to Avg. Assets (median %)
|
3.08
|
3.14
|
3.15
|
3.12
|
3.24
|
|
|
|
|
|
|
Liquidity / Sensitivity
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Loans to Assets (median %)
|
68.1
|
67.0
|
63.2
|
68.1
|
63.2
|
Noncore Funding to Assets (median %)
|
22.6
|
21.2
|
19.1
|
22.6
|
19.1
|
Long-term Assets to Assets (median %, call filers)
|
16.7
|
16.1
|
13.1
|
16.7
|
13.1
|
Brokered Deposits (number of institutions)
|
78
|
67
|
66
|
78
|
66
|
Brokered Deposits to Assets (median % for those above)
|
4.4
|
5.5
|
5.1
|
4.4
|
5.1
|
|
|
|
|
|
|
Loan Concentrations (median % of Tier 1 Capital)
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Commercial and Industrial
|
62.9
|
61.0
|
64.3
|
62.9
|
64.3
|
Commercial Real Estate
|
320.7
|
312.1
|
311.2
|
320.7
|
311.2
|
Construction & Development
|
86.4
|
88.7
|
102.0
|
86.4
|
102.0
|
Multifamily Residential Real Estate
|
9.9
|
9.0
|
6.0
|
9.9
|
6.0
|
Nonresidential Real Estate
|
190.2
|
192.6
|
162.7
|
190.2
|
162.7
|
Residential Real Estate
|
152.8
|
149.7
|
132.7
|
152.8
|
132.7
|
Consumer
|
13.3
|
13.9
|
16.1
|
13.3
|
16.1
|
Agriculture
|
11.7
|
11.9
|
9.1
|
11.7
|
9.1
|
|
|
|
|
|
|
BANKING PROFILE
|