Ohio 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)
|
-2.2%
|
-1.1%
|
0.0%
|
-1.1%
|
-0.1%
|
Manufacturing (14%)
|
-5.8%
|
-4.0%
|
-3.1%
|
-4.1%
|
-3.1%
|
Other (non-manufacturing) Goods-Producing (4%)
|
-10.0%
|
-5.7%
|
-1.2%
|
-6.2%
|
-2.0%
|
Private Service-Producing (67%)
|
-1.4%
|
-0.4%
|
0.8%
|
-0.4%
|
0.7%
|
Government (15%)
|
-0.1%
|
0.0%
|
-0.6%
|
-0.1%
|
-0.4%
|
Unemployment Rate (% of labor force)
|
7.1%
|
6.7%
|
5.7%
|
6.5%
|
5.6%
|
|
|
|
|
|
|
Other Indicators
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Single-Family Home Permits
|
-40.4%
|
-34.7%
|
-26.8%
|
-36.6%
|
-26.3%
|
Multifamily Building Permits
|
-21.8%
|
-3.6%
|
40.8%
|
-24.6%
|
-6.0%
|
Home Price Index
|
-1.9%
|
-2.3%
|
-0.2%
|
-1.0%
|
0.2%
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
5.48
|
4.59
|
4.24
|
4.94
|
4.31
|
|
|
|
|
|
|
BANKING TRENDS
|
General Information
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Institutions (#)
|
252
|
255
|
265
|
252
|
265
|
Total Assets (in millions)
|
2,488,508
|
2,480,137
|
2,008,865
|
2,488,508
|
2,008,865
|
New Institutions (# < 3 years)
|
7
|
7
|
10
|
7
|
10
|
Subchapter S Institutions
|
25
|
26
|
26
|
25
|
26
|
|
|
|
|
|
|
Asset Quality
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
2.80
|
2.50
|
2.49
|
2.80
|
2.49
|
ALLL/Total Loans (median %)
|
1.03
|
0.99
|
1.01
|
1.03
|
1.01
|
ALLL/Noncurrent Loans (median multiple)
|
0.72
|
0.70
|
0.82
|
0.72
|
0.82
|
Net Loan Losses / Total Loans (median %)
|
0.22
|
0.12
|
0.12
|
0.21
|
0.13
|
|
|
|
|
|
|
Capital / Earnings
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Tier 1 Leverage (median %)
|
9.69
|
9.93
|
9.99
|
9.69
|
9.99
|
Return on Assets (median %)
|
0.43
|
0.58
|
0.61
|
0.53
|
0.64
|
Pretax Return on Assets (median %)
|
0.53
|
0.76
|
0.81
|
0.67
|
0.84
|
Net Interest Margin (median %)
|
3.61
|
3.60
|
3.59
|
3.53
|
3.59
|
Yield on Earning Assets (median %)
|
6.00
|
6.10
|
6.73
|
6.14
|
6.72
|
Cost of Funding Earning Assets (median %)
|
2.47
|
2.54
|
3.24
|
2.67
|
3.18
|
Provisions to Avg. Assets (median %)
|
0.30
|
0.16
|
0.12
|
0.22
|
0.10
|
Noninterest Income to Avg. Assets (median %)
|
0.43
|
0.47
|
0.50
|
0.46
|
0.50
|
Overhead to Avg. Assets (median %)
|
2.90
|
2.82
|
2.87
|
2.88
|
2.83
|
|
|
|
|
|
|
Liquidity / Sensitivity
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Loans to Assets (median %)
|
74.0
|
73.8
|
72.1
|
74.0
|
72.1
|
Noncore Funding to Assets (median %)
|
22.1
|
21.5
|
20.5
|
22.1
|
20.5
|
Long-term Assets to Assets (median %, call filers)
|
28.1
|
27.7
|
24.0
|
28.1
|
24.0
|
Brokered Deposits (number of institutions)
|
88
|
85
|
76
|
88
|
76
|
Brokered Deposits to Assets (median % for those above)
|
5.0
|
4.6
|
3.0
|
5.0
|
3.0
|
|
|
|
|
|
|
Loan Concentrations (median % of Tier 1 Capital)
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Commercial and Industrial
|
44.3
|
43.7
|
44.7
|
44.3
|
44.7
|
Commercial Real Estate
|
194.7
|
190.8
|
177.7
|
194.7
|
177.7
|
Construction & Development
|
19.1
|
19.1
|
21.1
|
19.1
|
21.1
|
Multifamily Residential Real Estate
|
12.4
|
11.1
|
10.1
|
12.4
|
10.1
|
Nonresidential Real Estate
|
127.7
|
125.0
|
120.9
|
127.7
|
120.9
|
Residential Real Estate
|
318.4
|
313.6
|
306.6
|
318.4
|
306.6
|
Consumer
|
27.4
|
27.1
|
30.7
|
27.4
|
30.7
|
Agriculture
|
12.6
|
12.4
|
12.2
|
12.6
|
12.2
|
|
|
|
|
|
|
BANKING PROFILE
|