West Virginia at a Glance
|
ECONOMIC INDICATORS
(Change from year ago, unless noted)
|
|
Employment Growth Rates
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
1.0%
|
1.0%
|
-2.8%
|
0.0%
|
-2.1%
|
|
Manufacturing (7%)
|
0.2%
|
0.1%
|
-11.6%
|
-2.9%
|
-10.6%
|
|
Other (non-manufacturing) Goods-Producing (8%)
|
2.6%
|
4.4%
|
-15.3%
|
-2.1%
|
-8.8%
|
|
Private Service-Producing (65%)
|
1.0%
|
0.4%
|
-1.2%
|
0.1%
|
-1.4%
|
|
Government (20%)
|
0.6%
|
1.7%
|
1.6%
|
1.7%
|
2.1%
|
|
Unemployment Rate (% of labor force)
|
9.6%
|
9.2%
|
8.6%
|
9.1%
|
7.7%
|
| |
|
|
|
|
|
|
Other Indicators
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Single-Family Home Permits
|
-27.2%
|
-36.1%
|
4.1%
|
-12.0%
|
-28.9%
|
|
Multifamily Building Permits
|
60.0%
|
-64.1%
|
-83.3%
|
0.8%
|
-61.6%
|
|
Home Price Index
|
1.1%
|
1.0%
|
-0.7%
|
-0.4%
|
-1.0%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
2.73
|
3.29
|
3.57
|
3.23
|
3.55
|
| |
|
|
|
|
|
|
BANKING TRENDS
|
|
General Information
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Institutions (#)
|
65
|
65
|
65
|
65
|
65
|
|
Total Assets (in millions)
|
25,377
|
25,718
|
25,332
|
25,377
|
25,332
|
|
New Institutions (# < 3 years)
|
0
|
0
|
0
|
0
|
0
|
|
Subchapter S Institutions
|
6
|
6
|
6
|
6
|
6
|
| |
|
|
|
|
|
|
Asset Quality
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
3.95
|
3.77
|
3.50
|
3.95
|
3.50
|
|
Noncurrent Loans / Total Loans (median %)
|
1.45
|
1.35
|
1.14
|
1.45
|
1.14
|
|
ALLL/Total Loans (median %)
|
1.32
|
1.31
|
1.23
|
1.32
|
1.23
|
|
ALLL/Noncurrent Loans (median multiple)
|
0.90
|
0.84
|
0.80
|
0.90
|
0.80
|
|
Net Loan Losses / Total Loans (median %)
|
0.25
|
0.26
|
0.31
|
0.29
|
0.26
|
| |
|
|
|
|
|
|
Capital / Earnings
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Tier 1 Leverage (median %)
|
9.97
|
10.02
|
9.68
|
9.97
|
9.68
|
|
Return on Assets (median %)
|
0.68
|
0.77
|
0.62
|
0.72
|
0.73
|
|
Pretax Return on Assets (median %)
|
0.94
|
1.05
|
0.85
|
0.99
|
0.99
|
|
Net Interest Margin (median %)
|
4.00
|
4.01
|
4.08
|
4.08
|
4.04
|
|
Yield on Earning Assets (median %)
|
5.21
|
5.31
|
5.60
|
5.36
|
5.68
|
|
Cost of Funding Earning Assets (median %)
|
1.17
|
1.23
|
1.54
|
1.27
|
1.74
|
|
Provisions to Avg. Assets (median %)
|
0.33
|
0.21
|
0.28
|
0.29
|
0.24
|
|
Noninterest Income to Avg. Assets (median %)
|
0.63
|
0.66
|
0.68
|
0.65
|
0.66
|
|
Overhead to Avg. Assets (median %)
|
2.97
|
3.00
|
3.13
|
2.97
|
3.04
|
| |
|
|
|
|
|
|
Liquidity / Sensitivity
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Net Loans to Assets (median %)
|
64.9
|
64.7
|
66.8
|
64.9
|
66.8
|
|
Noncore Funding to Assets (median %)
|
19.3
|
19.9
|
19.8
|
19.3
|
19.8
|
|
Long-term Assets to Assets (median %, call filers)
|
35.6
|
34.2
|
31.7
|
35.6
|
31.7
|
|
Brokered Deposits (number of institutions)
|
25
|
26
|
22
|
25
|
22
|
|
Brokered Deposits to Assets (median % for those above)
|
3.5
|
2.9
|
3.1
|
3.5
|
3.1
|
| |
|
|
|
|
|
|
Loan Concentrations (median % of Total Risk-Based Capital)
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Commercial and Industrial
|
51.6
|
50.0
|
52.5
|
51.6
|
52.5
|
|
Commercial Real Estate
|
161.9
|
158.7
|
167.6
|
161.9
|
167.6
|
|
Construction & Development
|
25.5
|
26.6
|
28.4
|
25.5
|
28.4
|
|
Multifamily Residential Real Estate
|
6.6
|
6.6
|
7.3
|
6.6
|
7.3
|
|
Nonresidential Real Estate
|
128.5
|
127.2
|
124.5
|
128.5
|
124.5
|
|
Residential Real Estate
|
249.4
|
260.1
|
275.9
|
249.4
|
275.9
|
|
Consumer
|
45.9
|
48.4
|
50.1
|
45.9
|
50.1
|
|
Agriculture
|
2.8
|
2.6
|
3.5
|
2.8
|
3.5
|
| |
|
|
|
|
|
|
BANKING PROFILE
|
