Nevada 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)
|
-3.9%
|
-2.1%
|
0.4%
|
-2.0%
|
1.0%
|
Manufacturing (4%)
|
-5.4%
|
-4.1%
|
-2.2%
|
-3.8%
|
-0.3%
|
Other (non-manufacturing) Goods-Producing (10%)
|
-13.1%
|
-11.0%
|
-6.3%
|
-11.1%
|
-5.7%
|
Private Service-Producing (73%)
|
-3.5%
|
-1.5%
|
1.1%
|
-1.4%
|
1.6%
|
Government (13%)
|
2.2%
|
3.6%
|
3.6%
|
3.0%
|
4.5%
|
Unemployment Rate (% of labor force)
|
8.0%
|
7.0%
|
5.1%
|
6.7%
|
4.7%
|
|
|
|
|
|
|
Other Indicators
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Single-Family Home Permits
|
-67.3%
|
-38.2%
|
-25.4%
|
-57.0%
|
-38.2%
|
Multifamily Building Permits
|
-79.4%
|
-36.9%
|
167.8%
|
-33.2%
|
7.9%
|
Home Price Index
|
-21.8%
|
-21.3%
|
-6.5%
|
-17.0%
|
-3.0%
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
7.46
|
7.65
|
4.76
|
6.90
|
4.14
|
|
|
|
|
|
|
BANKING TRENDS
|
General Information
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Institutions (#)
|
41
|
42
|
44
|
41
|
44
|
Total Assets (in millions)
|
1,353,313
|
1,328,192
|
1,679,552
|
1,353,313
|
1,679,552
|
New Institutions (# < 3 years)
|
9
|
11
|
11
|
9
|
11
|
Subchapter S Institutions
|
6
|
7
|
7
|
6
|
7
|
|
|
|
|
|
|
Asset Quality
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
5.25
|
4.23
|
1.51
|
5.25
|
1.51
|
ALLL/Total Loans (median %)
|
1.71
|
1.40
|
1.19
|
1.71
|
1.19
|
ALLL/Noncurrent Loans (median multiple)
|
0.59
|
0.46
|
1.37
|
0.59
|
1.37
|
Net Loan Losses / Total Loans (median %)
|
0.91
|
0.05
|
0.01
|
0.60
|
0.04
|
|
|
|
|
|
|
Capital / Earnings
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Tier 1 Leverage (median %)
|
10.91
|
11.39
|
11.29
|
10.91
|
11.29
|
Return on Assets (median %)
|
-0.99
|
-0.39
|
0.71
|
-0.36
|
1.15
|
Pretax Return on Assets (median %)
|
-1.53
|
-0.46
|
0.81
|
-0.53
|
1.40
|
Net Interest Margin (median %)
|
3.83
|
4.16
|
4.83
|
4.16
|
4.85
|
Yield on Earning Assets (median %)
|
6.08
|
6.29
|
7.63
|
6.39
|
7.76
|
Cost of Funding Earning Assets (median %)
|
1.93
|
2.11
|
3.02
|
2.18
|
3.00
|
Provisions to Avg. Assets (median %)
|
1.21
|
0.78
|
0.57
|
0.75
|
0.33
|
Noninterest Income to Avg. Assets (median %)
|
0.17
|
0.32
|
0.19
|
0.25
|
0.24
|
Overhead to Avg. Assets (median %)
|
4.11
|
4.02
|
3.75
|
4.03
|
3.50
|
|
|
|
|
|
|
Liquidity / Sensitivity
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Loans to Assets (median %)
|
76.3
|
78.9
|
74.1
|
76.3
|
74.1
|
Noncore Funding to Assets (median %)
|
34.0
|
32.1
|
22.9
|
34.0
|
22.9
|
Long-term Assets to Assets (median %, call filers)
|
12.5
|
12.2
|
9.8
|
12.5
|
9.8
|
Brokered Deposits (number of institutions)
|
28
|
25
|
24
|
28
|
24
|
Brokered Deposits to Assets (median % for those above)
|
13.8
|
13.7
|
11.6
|
13.8
|
11.6
|
|
|
|
|
|
|
Loan Concentrations (median % of Tier 1 Capital)
|
Q4-08
|
Q3-08
|
Q4-07
|
2008
|
2007
|
Commercial and Industrial
|
77.1
|
69.5
|
55.0
|
77.1
|
55.0
|
Commercial Real Estate
|
255.6
|
221.4
|
211.0
|
255.6
|
211.0
|
Construction & Development
|
99.5
|
94.6
|
102.9
|
99.5
|
102.9
|
Multifamily Residential Real Estate
|
1.4
|
0.2
|
0.0
|
1.4
|
0.0
|
Nonresidential Real Estate
|
154.3
|
121.8
|
94.7
|
154.3
|
94.7
|
Residential Real Estate
|
33.7
|
30.1
|
24.2
|
33.7
|
24.2
|
Consumer
|
7.3
|
5.7
|
5.4
|
7.3
|
5.4
|
Agriculture
|
0.0
|
0.0
|
0.0
|
0.0
|
0.0
|
|
|
|
|
|
|
BANKING PROFILE
|