North Dakota at a Glance
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ECONOMIC INDICATORS
(Change from year ago, unless noted)
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|
Employment Growth Rates
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Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
3.6%
|
2.6%
|
-0.1%
|
2.4%
|
-0.2%
|
|
Manufacturing (6%)
|
2.2%
|
-2.6%
|
-12.1%
|
-3.7%
|
-10.8%
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|
Other (non-manufacturing) Goods-Producing (8%)
|
18.1%
|
14.7%
|
0.9%
|
14.3%
|
1.1%
|
|
Private Service-Producing (64%)
|
2.6%
|
1.7%
|
0.1%
|
1.6%
|
0.1%
|
|
Government (21%)
|
1.8%
|
2.2%
|
2.6%
|
2.5%
|
2.2%
|
|
Unemployment Rate (% of labor force)
|
3.9%
|
3.9%
|
4.2%
|
3.9%
|
4.2%
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|
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Other Indicators
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Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Single-Family Home Permits
|
8.7%
|
-21.7%
|
11.5%
|
15.2%
|
5.3%
|
|
Multifamily Building Permits
|
56.7%
|
6.7%
|
98.1%
|
14.5%
|
8.6%
|
|
Home Price Index
|
2.0%
|
2.0%
|
1.4%
|
1.4%
|
1.7%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
2.17
|
2.56
|
2.21
|
2.42
|
2.36
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BANKING TRENDS
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|
General Information
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Institutions (#)
|
92
|
92
|
94
|
92
|
94
|
|
Total Assets (in millions)
|
24,804
|
24,318
|
23,398
|
24,804
|
23,398
|
|
New Institutions (# < 3 years)
|
0
|
1
|
2
|
0
|
2
|
|
Subchapter S Institutions
|
61
|
61
|
63
|
61
|
63
|
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|
|
|
|
|
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Asset Quality
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
1.43
|
1.80
|
2.19
|
1.43
|
2.19
|
|
Noncurrent Loans / Total Loans (median %)
|
0.70
|
0.99
|
0.97
|
0.70
|
0.97
|
|
ALLL/Total Loans (median %)
|
1.37
|
1.33
|
1.34
|
1.37
|
1.34
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|
ALLL/Noncurrent Loans (median multiple)
|
1.43
|
1.31
|
1.07
|
1.43
|
1.07
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|
Net Loan Losses / Total Loans (median %)
|
0.06
|
0.09
|
0.20
|
0.23
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0.31
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Capital / Earnings
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Tier 1 Leverage (median %)
|
8.59
|
8.73
|
8.79
|
8.59
|
8.79
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Return on Assets (median %)
|
0.91
|
1.20
|
0.88
|
0.92
|
0.81
|
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Pretax Return on Assets (median %)
|
1.10
|
1.51
|
0.91
|
1.12
|
0.98
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Net Interest Margin (median %)
|
3.97
|
4.07
|
4.12
|
3.97
|
4.02
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Yield on Earning Assets (median %)
|
5.15
|
5.34
|
5.56
|
5.20
|
5.64
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Cost of Funding Earning Assets (median %)
|
1.08
|
1.19
|
1.42
|
1.20
|
1.59
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Provisions to Avg. Assets (median %)
|
0.12
|
0.16
|
0.20
|
0.25
|
0.33
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Noninterest Income to Avg. Assets (median %)
|
0.39
|
0.38
|
0.41
|
0.38
|
0.42
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Overhead to Avg. Assets (median %)
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2.98
|
2.66
|
3.03
|
2.68
|
2.82
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Liquidity / Sensitivity
|
Q4-10
|
Q3-10
|
Q4-09
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2010
|
2009
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|
Net Loans to Assets (median %)
|
63.0
|
67.4
|
64.5
|
63.0
|
64.5
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Noncore Funding to Assets (median %)
|
14.8
|
16.2
|
17.0
|
14.8
|
17.0
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Long-term Assets to Assets (median %, call filers)
|
16.4
|
16.3
|
15.9
|
16.4
|
15.9
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Brokered Deposits (number of institutions)
|
34
|
33
|
33
|
34
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33
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Brokered Deposits to Assets (median % for those above)
|
2.7
|
3.4
|
4.2
|
2.7
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4.2
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Loan Concentrations (median % of Total Risk-Based Capital)
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
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Commercial and Industrial
|
85.2
|
96.4
|
91.3
|
85.2
|
91.3
|
|
Commercial Real Estate
|
75.7
|
73.6
|
78.5
|
75.7
|
78.5
|
|
Construction & Development
|
8.6
|
9.0
|
11.8
|
8.6
|
11.8
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Multifamily Residential Real Estate
|
2.2
|
2.4
|
3.4
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2.2
|
3.4
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Nonresidential Real Estate
|
56.3
|
57.0
|
61.8
|
56.3
|
61.8
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Residential Real Estate
|
58.9
|
52.0
|
54.1
|
58.9
|
54.1
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Consumer
|
41.8
|
43.0
|
40.3
|
41.8
|
40.3
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Agriculture
|
280.9
|
292.0
|
296.5
|
280.9
|
296.5
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BANKING PROFILE
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