Maine 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)
|
0.2%
|
-0.4%
|
-3.1%
|
-0.6%
|
-3.4%
|
|
Manufacturing (9%)
|
0.4%
|
-1.9%
|
-10.8%
|
-2.8%
|
-11.0%
|
|
Other (non-manufacturing) Goods-Producing (5%)
|
2.2%
|
-1.4%
|
-12.5%
|
-2.4%
|
-13.8%
|
|
Private Service-Producing (69%)
|
0.4%
|
-0.2%
|
-1.8%
|
-0.3%
|
-2.2%
|
|
Government (17%)
|
-1.5%
|
-0.5%
|
-1.0%
|
-0.3%
|
-0.7%
|
|
Unemployment Rate (% of labor force)
|
7.5%
|
7.7%
|
8.3%
|
7.9%
|
8.2%
|
| |
|
|
|
|
|
|
Other Indicators
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Single-Family Home Permits
|
1.8%
|
-5.6%
|
16.2%
|
12.9%
|
-12.9%
|
|
Multifamily Building Permits
|
-6.5%
|
155.1%
|
-47.1%
|
54.2%
|
-72.7%
|
|
Home Price Index
|
-0.2%
|
-1.4%
|
-4.1%
|
-2.9%
|
-3.4%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
2.72
|
3.06
|
2.60
|
3.02
|
2.76
|
| |
|
|
|
|
|
|
BANKING TRENDS
|
|
General Information
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Institutions (#)
|
29
|
29
|
29
|
29
|
29
|
|
Total Assets (in millions)
|
29,314
|
28,683
|
27,703
|
29,314
|
27,703
|
|
New Institutions (# < 3 years)
|
0
|
0
|
0
|
0
|
0
|
|
Subchapter S Institutions
|
0
|
0
|
0
|
0
|
0
|
| |
|
|
|
|
|
|
Asset Quality
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
2.81
|
2.93
|
3.22
|
2.81
|
3.22
|
|
Noncurrent Loans / Total Loans (median %)
|
1.95
|
1.69
|
1.81
|
1.95
|
1.81
|
|
ALLL/Total Loans (median %)
|
1.19
|
1.14
|
1.18
|
1.19
|
1.18
|
|
ALLL/Noncurrent Loans (median multiple)
|
0.68
|
0.68
|
0.64
|
0.68
|
0.64
|
|
Net Loan Losses / Total Loans (median %)
|
0.25
|
0.25
|
0.27
|
0.28
|
0.25
|
| |
|
|
|
|
|
|
Capital / Earnings
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Tier 1 Leverage (median %)
|
9.83
|
9.76
|
9.45
|
9.83
|
9.45
|
|
Return on Assets (median %)
|
0.64
|
0.60
|
0.57
|
0.54
|
0.43
|
|
Pretax Return on Assets (median %)
|
0.88
|
0.82
|
0.79
|
0.80
|
0.59
|
|
Net Interest Margin (median %)
|
3.53
|
3.72
|
3.67
|
3.68
|
3.58
|
|
Yield on Earning Assets (median %)
|
5.08
|
5.19
|
5.58
|
5.20
|
5.54
|
|
Cost of Funding Earning Assets (median %)
|
1.47
|
1.54
|
1.83
|
1.57
|
2.08
|
|
Provisions to Avg. Assets (median %)
|
0.23
|
0.23
|
0.30
|
0.22
|
0.32
|
|
Noninterest Income to Avg. Assets (median %)
|
0.70
|
0.62
|
0.62
|
0.64
|
0.64
|
|
Overhead to Avg. Assets (median %)
|
2.84
|
3.10
|
2.96
|
3.08
|
2.95
|
| |
|
|
|
|
|
|
Liquidity / Sensitivity
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Net Loans to Assets (median %)
|
74.7
|
76.4
|
79.4
|
74.7
|
79.4
|
|
Noncore Funding to Assets (median %)
|
29.8
|
28.8
|
30.4
|
29.8
|
30.4
|
|
Long-term Assets to Assets (median %, call filers)
|
42.1
|
41.6
|
45.2
|
42.1
|
45.2
|
|
Brokered Deposits (number of institutions)
|
20
|
20
|
21
|
20
|
21
|
|
Brokered Deposits to Assets (median % for those above)
|
3.4
|
3.2
|
4.0
|
3.4
|
4.0
|
| |
|
|
|
|
|
|
Loan Concentrations (median % of Total Risk-Based Capital)
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Commercial and Industrial
|
48.1
|
48.1
|
48.5
|
48.1
|
48.5
|
|
Commercial Real Estate
|
205.5
|
219.0
|
230.5
|
205.5
|
230.5
|
|
Construction & Development
|
24.3
|
24.5
|
30.6
|
24.3
|
30.6
|
|
Multifamily Residential Real Estate
|
9.5
|
9.8
|
9.8
|
9.5
|
9.8
|
|
Nonresidential Real Estate
|
163.9
|
176.6
|
182.1
|
163.9
|
182.1
|
|
Residential Real Estate
|
399.4
|
425.8
|
471.1
|
399.4
|
471.1
|
|
Consumer
|
13.9
|
15.1
|
16.9
|
13.9
|
16.9
|
|
Agriculture
|
1.4
|
1.3
|
1.4
|
1.4
|
1.4
|
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|
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|
BANKING PROFILE
|
