Hawaii 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
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Q3-10
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Q4-09
|
2010
|
2009
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
0.9%
|
-0.4%
|
-4.0%
|
-0.8%
|
-4.4%
|
|
Manufacturing (2%)
|
-4.0%
|
-6.6%
|
-6.7%
|
-5.6%
|
-8.0%
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|
Other (non-manufacturing) Goods-Producing (5%)
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-2.8%
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-7.5%
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-17.9%
|
-8.4%
|
-17.0%
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|
Private Service-Producing (72%)
|
1.2%
|
0.3%
|
-3.2%
|
-0.2%
|
-4.7%
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|
Government (21%)
|
1.2%
|
-0.4%
|
-2.6%
|
-0.4%
|
0.6%
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Unemployment Rate (% of labor force)
|
6.4%
|
6.6%
|
7.0%
|
6.6%
|
6.8%
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Other Indicators
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Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Single-Family Home Permits
|
-3.9%
|
-18.0%
|
43.4%
|
-2.5%
|
-20.4%
|
|
Multifamily Building Permits
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-40.9%
|
180.7%
|
-70.6%
|
125.8%
|
-65.2%
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Home Price Index
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-0.3%
|
-0.7%
|
-7.7%
|
-3.4%
|
-7.4%
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|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
2.75
|
2.98
|
2.44
|
2.93
|
2.32
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BANKING TRENDS
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General Information
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Institutions (#)
|
9
|
9
|
9
|
9
|
9
|
|
Total Assets (in millions)
|
39,897
|
39,325
|
38,734
|
39,897
|
38,734
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|
New Institutions (# < 3 years)
|
0
|
0
|
0
|
0
|
0
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|
Subchapter S Institutions
|
0
|
0
|
0
|
0
|
0
|
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|
|
|
|
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Asset Quality
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
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|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
2.19
|
1.96
|
2.49
|
2.19
|
2.49
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|
Noncurrent Loans / Total Loans (median %)
|
1.65
|
1.66
|
1.76
|
1.65
|
1.76
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ALLL/Total Loans (median %)
|
2.14
|
2.02
|
1.86
|
2.14
|
1.86
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|
ALLL/Noncurrent Loans (median multiple)
|
0.76
|
1.22
|
0.97
|
0.76
|
0.97
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Net Loan Losses / Total Loans (median %)
|
0.80
|
0.99
|
1.76
|
0.74
|
0.86
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Capital / Earnings
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
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|
Tier 1 Leverage (median %)
|
8.81
|
8.80
|
8.99
|
8.81
|
8.99
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Return on Assets (median %)
|
0.60
|
0.68
|
-0.36
|
0.30
|
0.34
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Pretax Return on Assets (median %)
|
0.60
|
0.90
|
-0.68
|
0.35
|
0.48
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Net Interest Margin (median %)
|
3.84
|
3.96
|
4.17
|
3.99
|
3.94
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Yield on Earning Assets (median %)
|
4.38
|
4.47
|
4.85
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4.50
|
5.30
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Cost of Funding Earning Assets (median %)
|
0.89
|
1.06
|
1.16
|
1.03
|
1.40
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Provisions to Avg. Assets (median %)
|
0.16
|
0.61
|
0.87
|
0.44
|
0.79
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Noninterest Income to Avg. Assets (median %)
|
0.74
|
0.43
|
0.53
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0.63
|
0.86
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Overhead to Avg. Assets (median %)
|
2.90
|
2.96
|
3.17
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3.05
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3.31
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Liquidity / Sensitivity
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Q4-10
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Q3-10
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Q4-09
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2010
|
2009
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Net Loans to Assets (median %)
|
53.7
|
55.1
|
60.0
|
53.7
|
60.0
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Noncore Funding to Assets (median %)
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22.6
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23.9
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24.1
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22.6
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24.1
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Long-term Assets to Assets (median %, call filers)
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22.5
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17.8
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21.1
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22.5
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21.1
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Brokered Deposits (number of institutions)
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4
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4
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5
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4
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5
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Brokered Deposits to Assets (median % for those above)
|
2.4
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1.3
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2.2
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2.4
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2.2
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Loan Concentrations (median % of Total Risk-Based Capital)
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Q4-10
|
Q3-10
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Q4-09
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2010
|
2009
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Commercial and Industrial
|
102.7
|
99.5
|
97.1
|
102.7
|
97.1
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Commercial Real Estate
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263.6
|
281.8
|
285.7
|
263.6
|
285.7
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Construction & Development
|
21.3
|
25.4
|
32.0
|
21.3
|
32.0
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Multifamily Residential Real Estate
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23.5
|
28.5
|
27.5
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23.5
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27.5
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Nonresidential Real Estate
|
169.1
|
145.8
|
133.6
|
169.1
|
133.6
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Residential Real Estate
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258.7
|
215.8
|
206.0
|
258.7
|
206.0
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Consumer
|
16.7
|
17.3
|
23.9
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16.7
|
23.9
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Agriculture
|
0.2
|
0.3
|
0.2
|
0.2
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0.2
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BANKING PROFILE
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