Maryland and Washington, D.C. 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)
|
-1.4%
|
-0.5%
|
0.5%
|
-0.4%
|
0.7%
|
Manufacturing (5%)
|
-4.0%
|
-2.9%
|
-1.9%
|
-2.8%
|
-2.3%
|
Other (non-manufacturing) Goods-Producing (7%)
|
-8.1%
|
-6.3%
|
-1.2%
|
-5.3%
|
-0.4%
|
Private Service-Producing (69%)
|
-1.3%
|
-0.4%
|
0.6%
|
-0.3%
|
0.9%
|
Government (19%)
|
1.5%
|
2.1%
|
1.5%
|
1.9%
|
1.5%
|
Unemployment Rate (% of labor force)
|
5.1%
|
4.5%
|
3.6%
|
4.4%
|
3.5%
|
|
|
|
|
|
|
Other Indicators
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Single-Family Home Permits
|
-33.8%
|
-44.6%
|
-35.2%
|
-38.8%
|
-27.2%
|
Multifamily Building Permits
|
-69.4%
|
202.2%
|
-50.7%
|
-19.8%
|
-27.5%
|
Home Price Index
|
-7.7%
|
-6.3%
|
0.3%
|
-4.9%
|
3.0%
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
3.38
|
2.85
|
2.70
|
3.08
|
2.38
|
|
|
|
|
|
|
BANKING TRENDS
|
General Information
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Institutions (#)
|
101
|
103
|
105
|
101
|
105
|
Total Assets (in millions)
|
41,806
|
43,866
|
41,827
|
41,806
|
41,827
|
New Institutions (# < 3 years)
|
2
|
3
|
4
|
2
|
4
|
Subchapter S Institutions
|
5
|
5
|
6
|
5
|
6
|
|
|
|
|
|
|
Asset Quality
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
3.87
|
2.88
|
1.81
|
3.87
|
1.81
|
ALLL/Total Loans (median %)
|
0.95
|
0.86
|
0.88
|
0.95
|
0.88
|
ALLL/Noncurrent Loans (median multiple)
|
0.50
|
0.64
|
1.14
|
0.50
|
1.14
|
Net Loan Losses / Total Loans (median %)
|
0.10
|
0.06
|
0.02
|
0.15
|
0.02
|
|
|
|
|
|
|
Capital / Earnings
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Tier 1 Leverage (median %)
|
9.97
|
9.93
|
10.09
|
9.97
|
10.09
|
Return on Assets (median %)
|
0.04
|
0.36
|
0.44
|
0.26
|
0.55
|
Pretax Return on Assets (median %)
|
0.03
|
0.49
|
0.59
|
0.34
|
0.78
|
Net Interest Margin (median %)
|
3.41
|
3.57
|
3.71
|
3.53
|
3.73
|
Yield on Earning Assets (median %)
|
5.85
|
6.05
|
6.80
|
6.09
|
6.78
|
Cost of Funding Earning Assets (median %)
|
2.54
|
2.57
|
3.36
|
2.67
|
3.33
|
Provisions to Avg. Assets (median %)
|
0.42
|
0.27
|
0.13
|
0.32
|
0.09
|
Noninterest Income to Avg. Assets (median %)
|
0.23
|
0.31
|
0.34
|
0.27
|
0.33
|
Overhead to Avg. Assets (median %)
|
2.80
|
2.59
|
2.81
|
2.72
|
2.85
|
|
|
|
|
|
|
Liquidity / Sensitivity
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Loans to Assets (median %)
|
76.7
|
77.0
|
75.0
|
76.7
|
75.0
|
Noncore Funding to Assets (median %)
|
28.1
|
26.8
|
24.0
|
28.1
|
24.0
|
Long-term Assets to Assets (median %, call filers)
|
20.8
|
21.3
|
19.4
|
20.8
|
19.4
|
Brokered Deposits (number of institutions)
|
53
|
48
|
44
|
53
|
44
|
Brokered Deposits to Assets (median % for those above)
|
6.8
|
8.3
|
5.5
|
6.8
|
5.5
|
|
|
|
|
|
|
Loan Concentrations (median % of Tier 1 Capital)
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Commercial and Industrial
|
62.6
|
58.3
|
61.5
|
62.6
|
61.5
|
Commercial Real Estate
|
312.1
|
303.6
|
312.2
|
312.1
|
312.2
|
Construction & Development
|
67.6
|
79.6
|
74.8
|
67.6
|
74.8
|
Multifamily Residential Real Estate
|
6.2
|
5.5
|
5.6
|
6.2
|
5.6
|
Nonresidential Real Estate
|
182.7
|
183.1
|
163.2
|
182.7
|
163.2
|
Residential Real Estate
|
319.9
|
319.4
|
299.9
|
319.9
|
299.9
|
Consumer
|
9.6
|
10.1
|
11.0
|
9.6
|
11.0
|
Agriculture
|
2.0
|
1.8
|
0.3
|
2.0
|
0.3
|
|
|
|
|
|
|
BANKING PROFILE
|