Louisiana 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)
|
0.6%
|
1.1%
|
2.8%
|
1.3%
|
3.4%
|
Manufacturing (8%)
|
-4.7%
|
-3.7%
|
1.1%
|
-3.0%
|
3.0%
|
Other (non-manufacturing) Goods-Producing (10%)
|
4.8%
|
3.2%
|
2.3%
|
3.2%
|
2.9%
|
Private Service-Producing (64%)
|
0.3%
|
1.1%
|
3.1%
|
1.3%
|
3.8%
|
Government (19%)
|
1.5%
|
2.3%
|
2.7%
|
2.2%
|
2.1%
|
Unemployment Rate (% of labor force)
|
5.4%
|
4.9%
|
3.7%
|
4.6%
|
3.8%
|
|
|
|
|
|
|
Other Indicators
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Single-Family Home Permits
|
-43.3%
|
-39.1%
|
-40.8%
|
-30.5%
|
-25.7%
|
Multifamily Building Permits
|
-32.8%
|
-15.6%
|
-70.3%
|
-19.9%
|
62.3%
|
Home Price Index
|
0.2%
|
0.6%
|
4.3%
|
1.8%
|
6.0%
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
3.48
|
3.52
|
3.39
|
3.44
|
3.21
|
|
|
|
|
|
|
BANKING TRENDS
|
General Information
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Institutions (#)
|
160
|
162
|
162
|
160
|
162
|
Total Assets (in millions)
|
54,705
|
52,318
|
49,524
|
54,705
|
49,524
|
New Institutions (# < 3 years)
|
4
|
4
|
4
|
4
|
4
|
Subchapter S Institutions
|
57
|
58
|
51
|
57
|
51
|
|
|
|
|
|
|
Asset Quality
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
2.80
|
2.52
|
2.41
|
2.80
|
2.41
|
ALLL/Total Loans (median %)
|
1.16
|
1.07
|
1.11
|
1.16
|
1.11
|
ALLL/Noncurrent Loans (median multiple)
|
1.08
|
1.12
|
1.53
|
1.08
|
1.53
|
Net Loan Losses / Total Loans (median %)
|
0.17
|
0.09
|
0.11
|
0.15
|
0.08
|
|
|
|
|
|
|
Capital / Earnings
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Tier 1 Leverage (median %)
|
9.56
|
9.81
|
9.76
|
9.56
|
9.76
|
Return on Assets (median %)
|
0.84
|
1.13
|
1.10
|
1.05
|
1.20
|
Pretax Return on Assets (median %)
|
1.13
|
1.46
|
1.35
|
1.31
|
1.53
|
Net Interest Margin (median %)
|
4.42
|
4.49
|
4.51
|
4.44
|
4.56
|
Yield on Earning Assets (median %)
|
6.20
|
6.49
|
7.21
|
6.54
|
7.20
|
Cost of Funding Earning Assets (median %)
|
1.90
|
2.14
|
2.74
|
2.23
|
2.75
|
Provisions to Avg. Assets (median %)
|
0.19
|
0.10
|
0.04
|
0.15
|
0.05
|
Noninterest Income to Avg. Assets (median %)
|
0.77
|
0.83
|
0.93
|
0.85
|
0.90
|
Overhead to Avg. Assets (median %)
|
3.48
|
3.36
|
3.56
|
3.41
|
3.41
|
|
|
|
|
|
|
Liquidity / Sensitivity
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Loans to Assets (median %)
|
64.4
|
65.9
|
65.0
|
64.4
|
65.0
|
Noncore Funding to Assets (median %)
|
22.8
|
22.8
|
21.3
|
22.8
|
21.3
|
Long-term Assets to Assets (median %, call filers)
|
14.0
|
14.3
|
12.5
|
14.0
|
12.5
|
Brokered Deposits (number of institutions)
|
39
|
38
|
36
|
39
|
36
|
Brokered Deposits to Assets (median % for those above)
|
2.8
|
2.8
|
1.4
|
2.8
|
1.4
|
|
|
|
|
|
|
Loan Concentrations (median % of Tier 1 Capital)
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Commercial and Industrial
|
70.4
|
71.4
|
73.8
|
70.4
|
73.8
|
Commercial Real Estate
|
201.3
|
213.5
|
213.5
|
201.3
|
213.5
|
Construction & Development
|
49.6
|
47.8
|
50.6
|
49.6
|
50.6
|
Multifamily Residential Real Estate
|
5.3
|
5.7
|
5.0
|
5.3
|
5.0
|
Nonresidential Real Estate
|
130.3
|
125.0
|
129.9
|
130.3
|
129.9
|
Residential Real Estate
|
188.8
|
191.7
|
181.8
|
188.8
|
181.8
|
Consumer
|
48.7
|
50.3
|
52.4
|
48.7
|
52.4
|
Agriculture
|
11.2
|
13.9
|
11.1
|
11.2
|
11.1
|
|
|
|
|
|
|
BANKING PROFILE
|