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FDIC State Profiles
 

Arkansas 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) 1.3% 0.5% -3.2% -0.1% -3.1%
  Manufacturing (14%) 0.5% 0.2% -11.2% -2.2% -10.9%
  Other (non-manufacturing) Goods-Producing (5%) -2.6% -4.1% -11.3% -4.6% -7.6%
  Private Service-Producing (62%) 2.4% 0.8% -1.8% 0.5% -2.2%
  Government (19%) -0.7% 1.0% 1.5% 0.6% 1.5%
Unemployment Rate (% of labor force) 7.9% 7.8% 7.8% 7.9% 7.4%
           
Other Indicators Q4-10 Q3-10 Q4-09 2010 2009
Single-Family Home Permits -16.8% -20.2% 30.9% 5.0% -15.0%
Multifamily Building Permits 13.8% 229.7% -48.7% 22.6% -37.4%
Home Price Index -2.2% -1.3% -1.4% -2.4% -0.5%
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level) 5.10 5.75 5.53 5.49 5.39
           
BANKING TRENDS
General Information Q4-10 Q3-10 Q4-09 2010 2009
Institutions (#) 130 131 134 130 134
Total Assets (in millions) 58,232 57,612 55,487 58,232 55,487
New Institutions (# < 3 years) 0 0 0 0 0
Subchapter S Institutions 36 36 36 36 36
           
Asset Quality Q4-10 Q3-10 Q4-09 2010 2009
Past-Due and Nonaccrual Loans / Total Loans (median %) 3.83 3.57 3.60 3.83 3.60
Noncurrent Loans / Total Loans (median %) 1.80 1.89 1.78 1.80 1.78
ALLL/Total Loans (median %) 1.69 1.61 1.52 1.69 1.52
ALLL/Noncurrent Loans (median multiple) 0.90 0.77 0.82 0.90 0.82
Net Loan Losses / Total Loans (median %) 0.56 0.23 0.62 0.44 0.49
           
Capital / Earnings Q4-10 Q3-10 Q4-09 2010 2009
Tier 1 Leverage (median %) 9.90 9.88 9.86 9.90 9.86
Return on Assets (median %) 0.78 0.98 0.70 0.86 0.87
Pretax Return on Assets (median %) 0.88 1.22 0.94 1.04 1.04
Net Interest Margin (median %) 4.03 4.11 3.99 3.99 3.93
Yield on Earning Assets (median %) 5.24 5.52 5.64 5.38 5.69
Cost of Funding Earning Assets (median %) 1.23 1.35 1.63 1.35 1.78
Provisions to Avg. Assets (median %) 0.43 0.32 0.46 0.40 0.42
Noninterest Income to Avg. Assets (median %) 0.74 0.72 0.74 0.71 0.73
Overhead to Avg. Assets (median %) 3.05 2.92 3.05 2.96 2.93
           
Liquidity / Sensitivity Q4-10 Q3-10 Q4-09 2010 2009
Net Loans to Assets (median %) 62.2 63.0 63.9 62.2 63.9
Noncore Funding to Assets (median %) 27.0 28.5 28.6 27.0 28.6
Long-term Assets to Assets (median %, call filers) 18.2 16.9 17.0 18.2 17.0
Brokered Deposits (number of institutions) 71 73 72 71 72
  Brokered Deposits to Assets (median % for those above) 3.5 4.2 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 64.1 63.6 67.5 64.1 67.5
Commercial Real Estate 183.1 188.1 196.2 183.1 196.2
  Construction & Development 38.9 39.3 46.4 38.9 46.4
  Multifamily Residential Real Estate 10.5 9.9 10.0 10.5 10.0
  Nonresidential Real Estate 130.9 131.0 137.9 130.9 137.9
Residential Real Estate 148.8 144.9 152.5 148.8 152.5
Consumer 35.5 36.3 38.7 35.5 38.7
Agriculture 44.9 48.7 48.0 44.9 48.0
           
BANKING PROFILE
Largest Deposit Markets (from 2010 Summary of Deposits) Institutions in Market Deposits ($ millions)       Asset Distribution Institutions
Memphis, TN-MS-AR 59 22,185   < $100 million 33 (25.4% )
Little Rock-North Little Rock, AR 37 13,595   $100 million to $250 million 54 (41.5% )
Fayetteville-Springdale-Rogers, AR-MO 37 7,491   $250 million to $1 billion 32 (24.6% )
Fort Smith, AR-OK 23 4,242   $1 billion to $10 billion 10 (7.7% )
Jonesboro, AR 19 2,510   > $10 billion 1 (0.8% )
           
 
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