Texas 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%
|
1.9%
|
3.2%
|
2.1%
|
3.3%
|
Manufacturing (9%)
|
-2.2%
|
-1.3%
|
0.2%
|
-1.1%
|
1.1%
|
Other (non-manufacturing) Goods-Producing (8%)
|
2.6%
|
5.0%
|
8.4%
|
5.4%
|
8.1%
|
Private Service-Producing (66%)
|
1.3%
|
1.7%
|
3.3%
|
2.1%
|
3.4%
|
Government (17%)
|
1.8%
|
2.6%
|
2.0%
|
2.4%
|
1.6%
|
Unemployment Rate (% of labor force)
|
5.4%
|
5.0%
|
4.4%
|
4.9%
|
4.4%
|
|
|
|
|
|
|
Other Indicators
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Single-Family Home Permits
|
-41.3%
|
-30.6%
|
-31.6%
|
-33.1%
|
-26.8%
|
Multifamily Building Permits
|
-42.1%
|
-9.5%
|
5.0%
|
-14.2%
|
6.4%
|
Home Price Index
|
2.1%
|
3.4%
|
5.6%
|
3.5%
|
6.2%
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
1.76
|
1.63
|
1.76
|
1.69
|
1.69
|
|
|
|
|
|
|
BANKING TRENDS
|
General Information
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Institutions (#)
|
644
|
648
|
659
|
644
|
659
|
Total Assets (in millions)
|
365,059
|
360,354
|
345,838
|
365,059
|
345,838
|
New Institutions (# < 3 years)
|
38
|
40
|
39
|
38
|
39
|
Subchapter S Institutions
|
288
|
290
|
285
|
288
|
285
|
|
|
|
|
|
|
Asset Quality
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
1.77
|
1.56
|
1.59
|
1.77
|
1.59
|
ALLL/Total Loans (median %)
|
1.17
|
1.14
|
1.12
|
1.17
|
1.12
|
ALLL/Noncurrent Loans (median multiple)
|
1.66
|
1.80
|
2.21
|
1.66
|
2.21
|
Net Loan Losses / Total Loans (median %)
|
0.16
|
0.07
|
0.10
|
0.14
|
0.09
|
|
|
|
|
|
|
Capital / Earnings
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Tier 1 Leverage (median %)
|
9.34
|
9.61
|
9.62
|
9.34
|
9.62
|
Return on Assets (median %)
|
0.75
|
1.02
|
1.06
|
0.96
|
1.16
|
Pretax Return on Assets (median %)
|
0.92
|
1.25
|
1.30
|
1.16
|
1.43
|
Net Interest Margin (median %)
|
4.16
|
4.21
|
4.43
|
4.15
|
4.38
|
Yield on Earning Assets (median %)
|
5.98
|
6.19
|
7.12
|
6.24
|
7.06
|
Cost of Funding Earning Assets (median %)
|
1.74
|
1.92
|
2.60
|
1.99
|
2.58
|
Provisions to Avg. Assets (median %)
|
0.22
|
0.14
|
0.11
|
0.19
|
0.11
|
Noninterest Income to Avg. Assets (median %)
|
0.71
|
0.74
|
0.82
|
0.74
|
0.81
|
Overhead to Avg. Assets (median %)
|
3.37
|
3.27
|
3.41
|
3.29
|
3.32
|
|
|
|
|
|
|
Liquidity / Sensitivity
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Loans to Assets (median %)
|
59.4
|
59.8
|
57.3
|
59.4
|
57.3
|
Noncore Funding to Assets (median %)
|
22.4
|
22.1
|
20.5
|
22.4
|
20.5
|
Long-term Assets to Assets (median %, call filers)
|
19.6
|
17.7
|
13.9
|
19.6
|
13.9
|
Brokered Deposits (number of institutions)
|
190
|
168
|
134
|
190
|
134
|
Brokered Deposits to Assets (median % for those above)
|
4.1
|
4.4
|
4.6
|
4.1
|
4.6
|
|
|
|
|
|
|
Loan Concentrations (median % of Tier 1 Capital)
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Commercial and Industrial
|
94.3
|
88.9
|
92.1
|
94.3
|
92.1
|
Commercial Real Estate
|
203.5
|
193.3
|
175.5
|
203.5
|
175.5
|
Construction & Development
|
53.1
|
50.1
|
42.1
|
53.1
|
42.1
|
Multifamily Residential Real Estate
|
2.0
|
1.7
|
1.1
|
2.0
|
1.1
|
Nonresidential Real Estate
|
128.2
|
121.6
|
109.2
|
128.2
|
109.2
|
Residential Real Estate
|
107.3
|
100.1
|
90.0
|
107.3
|
90.0
|
Consumer
|
51.0
|
51.2
|
52.2
|
51.0
|
52.2
|
Agriculture
|
33.6
|
33.4
|
32.8
|
33.6
|
32.8
|
|
|
|
|
|
|
BANKING PROFILE
|