Indiana 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)
|
-2.1%
|
-1.1%
|
0.3%
|
-0.9%
|
0.4%
|
Manufacturing (18%)
|
-7.9%
|
-6.1%
|
-2.3%
|
-5.1%
|
-2.7%
|
Other (non-manufacturing) Goods-Producing (5%)
|
-8.8%
|
-4.4%
|
-0.3%
|
-4.9%
|
0.5%
|
Private Service-Producing (62%)
|
-0.6%
|
-0.1%
|
1.1%
|
0.0%
|
1.2%
|
Government (15%)
|
1.4%
|
2.4%
|
0.8%
|
2.0%
|
1.2%
|
Unemployment Rate (% of labor force)
|
7.1%
|
6.0%
|
4.6%
|
5.9%
|
4.6%
|
|
|
|
|
|
|
Other Indicators
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Single-Family Home Permits
|
-44.0%
|
-34.2%
|
-20.2%
|
-38.3%
|
-19.2%
|
Multifamily Building Permits
|
-8.8%
|
10.4%
|
-15.4%
|
-2.0%
|
-4.1%
|
Home Price Index
|
-0.5%
|
-0.1%
|
1.6%
|
0.8%
|
2.2%
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
5.93
|
6.62
|
4.89
|
6.02
|
4.80
|
|
|
|
|
|
|
BANKING TRENDS
|
General Information
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Institutions (#)
|
158
|
158
|
162
|
158
|
162
|
Total Assets (in millions)
|
70,438
|
69,213
|
71,831
|
70,438
|
71,831
|
New Institutions (# < 3 years)
|
1
|
1
|
2
|
1
|
2
|
Subchapter S Institutions
|
18
|
19
|
16
|
18
|
16
|
|
|
|
|
|
|
Asset Quality
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
3.26
|
2.56
|
2.41
|
3.26
|
2.41
|
ALLL/Total Loans (median %)
|
1.21
|
1.15
|
1.04
|
1.21
|
1.04
|
ALLL/Noncurrent Loans (median multiple)
|
0.72
|
0.88
|
0.97
|
0.72
|
0.97
|
Net Loan Losses / Total Loans (median %)
|
0.30
|
0.19
|
0.18
|
0.24
|
0.15
|
|
|
|
|
|
|
Capital / Earnings
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Tier 1 Leverage (median %)
|
9.45
|
9.49
|
9.56
|
9.45
|
9.56
|
Return on Assets (median %)
|
0.47
|
0.63
|
0.68
|
0.54
|
0.71
|
Pretax Return on Assets (median %)
|
0.57
|
0.84
|
0.87
|
0.72
|
0.92
|
Net Interest Margin (median %)
|
3.54
|
3.72
|
3.58
|
3.55
|
3.56
|
Yield on Earning Assets (median %)
|
5.95
|
6.17
|
6.74
|
6.17
|
6.73
|
Cost of Funding Earning Assets (median %)
|
2.36
|
2.50
|
3.28
|
2.59
|
3.30
|
Provisions to Avg. Assets (median %)
|
0.39
|
0.27
|
0.16
|
0.29
|
0.14
|
Noninterest Income to Avg. Assets (median %)
|
0.55
|
0.66
|
0.65
|
0.64
|
0.64
|
Overhead to Avg. Assets (median %)
|
2.88
|
2.87
|
2.93
|
2.92
|
2.89
|
|
|
|
|
|
|
Liquidity / Sensitivity
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Loans to Assets (median %)
|
72.6
|
74.1
|
72.2
|
72.6
|
72.2
|
Noncore Funding to Assets (median %)
|
25.5
|
26.0
|
23.2
|
25.5
|
23.2
|
Long-term Assets to Assets (median %, call filers)
|
28.0
|
28.4
|
25.1
|
28.0
|
25.1
|
Brokered Deposits (number of institutions)
|
65
|
61
|
65
|
65
|
65
|
Brokered Deposits to Assets (median % for those above)
|
6.9
|
4.8
|
3.6
|
6.9
|
3.6
|
|
|
|
|
|
|
Loan Concentrations (median % of Tier 1 Capital)
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Commercial and Industrial
|
68.3
|
69.1
|
69.8
|
68.3
|
69.8
|
Commercial Real Estate
|
195.6
|
181.1
|
178.4
|
195.6
|
178.4
|
Construction & Development
|
30.4
|
30.9
|
34.4
|
30.4
|
34.4
|
Multifamily Residential Real Estate
|
9.5
|
9.6
|
7.7
|
9.5
|
7.7
|
Nonresidential Real Estate
|
137.9
|
133.9
|
120.6
|
137.9
|
120.6
|
Residential Real Estate
|
295.3
|
295.1
|
293.6
|
295.3
|
293.6
|
Consumer
|
31.4
|
31.6
|
34.3
|
31.4
|
34.3
|
Agriculture
|
42.9
|
43.8
|
37.7
|
42.9
|
37.7
|
|
|
|
|
|
|
BANKING PROFILE
|