Alabama 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
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2010
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2009
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Total Nonfarm (share of trailing four quarter employment in parentheses)
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0.1%
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-0.1%
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-5.0%
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-0.9%
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-5.3%
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Manufacturing (13%)
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-1.3%
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-2.2%
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-13.0%
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-4.3%
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-13.2%
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Other (non-manufacturing) Goods-Producing (5%)
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-2.6%
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-1.4%
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-13.7%
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-3.9%
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-14.5%
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Private Service-Producing (61%)
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0.7%
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0.1%
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-3.9%
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-0.5%
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-4.2%
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Government (21%)
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-0.2%
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0.7%
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0.0%
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0.7%
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0.1%
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Unemployment Rate (% of labor force)
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9.1%
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9.1%
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10.4%
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9.5%
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9.7%
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Other Indicators
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Q4-10
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Q3-10
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Q4-09
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2010
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2009
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Single-Family Home Permits
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-17.3%
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-27.0%
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9.5%
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-6.0%
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-24.4%
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Multifamily Building Permits
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-5.5%
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-71.6%
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-46.8%
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-32.3%
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-7.8%
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Home Price Index
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-2.6%
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-1.8%
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-2.1%
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-3.3%
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-0.5%
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Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
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6.63
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7.33
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7.09
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7.05
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7.26
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BANKING TRENDS
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General Information
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Q4-10
|
Q3-10
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Q4-09
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2010
|
2009
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|
Institutions (#)
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144
|
144
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151
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144
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151
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Total Assets (in millions)
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225,301
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226,885
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240,577
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225,301
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240,577
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New Institutions (# < 3 years)
|
3
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4
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8
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3
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8
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Subchapter S Institutions
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44
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44
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45
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44
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45
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Asset Quality
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Q4-10
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Q3-10
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Q4-09
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2010
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2009
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Past-Due and Nonaccrual Loans / Total Loans (median %)
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4.65
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4.34
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4.28
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4.65
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4.28
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Noncurrent Loans / Total Loans (median %)
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2.34
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2.21
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2.36
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2.34
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2.36
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ALLL/Total Loans (median %)
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1.60
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1.54
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1.45
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1.60
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1.45
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ALLL/Noncurrent Loans (median multiple)
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0.72
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0.74
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0.62
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0.72
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0.62
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Net Loan Losses / Total Loans (median %)
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0.67
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0.51
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1.02
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0.76
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0.72
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Capital / Earnings
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Q4-10
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Q3-10
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Q4-09
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2010
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2009
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Tier 1 Leverage (median %)
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9.76
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9.83
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9.57
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9.76
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9.57
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Return on Assets (median %)
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0.42
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0.59
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0.27
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0.49
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0.17
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Pretax Return on Assets (median %)
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0.49
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0.69
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0.23
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0.52
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0.24
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Net Interest Margin (median %)
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3.80
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3.76
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3.67
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3.80
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3.63
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Yield on Earning Assets (median %)
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5.19
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5.33
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5.53
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5.32
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5.68
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Cost of Funding Earning Assets (median %)
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1.37
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1.49
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1.78
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1.50
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1.99
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Provisions to Avg. Assets (median %)
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0.45
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0.44
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0.78
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0.60
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0.70
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Noninterest Income to Avg. Assets (median %)
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0.65
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0.59
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0.65
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0.61
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0.61
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Overhead to Avg. Assets (median %)
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3.13
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3.01
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3.00
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3.01
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3.00
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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
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2009
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Net Loans to Assets (median %)
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59.4
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61.4
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63.7
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59.4
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63.7
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Noncore Funding to Assets (median %)
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26.2
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27.0
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28.5
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26.2
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28.5
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Long-term Assets to Assets (median %, call filers)
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22.9
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22.2
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19.9
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22.9
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19.9
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Brokered Deposits (number of institutions)
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66
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65
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76
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66
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76
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Brokered Deposits to Assets (median % for those above)
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3.4
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3.5
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4.9
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3.4
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4.9
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Loan Concentrations (median % of Total Risk-Based Capital)
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Q4-10
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Q3-10
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Q4-09
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2010
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2009
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Commercial and Industrial
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63.1
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62.3
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71.5
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63.1
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71.5
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Commercial Real Estate
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222.4
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226.8
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249.8
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222.4
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249.8
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Construction & Development
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47.6
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51.7
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62.6
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47.6
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62.6
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Multifamily Residential Real Estate
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5.7
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6.2
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7.0
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5.7
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7.0
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Nonresidential Real Estate
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151.1
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156.4
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162.7
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151.1
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162.7
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Residential Real Estate
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151.6
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160.9
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170.4
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151.6
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170.4
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Consumer
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34.4
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34.7
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37.7
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34.4
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37.7
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Agriculture
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21.7
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21.4
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20.4
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21.7
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20.4
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BANKING PROFILE
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