North Carolina at a Glance
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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)
|
0.0%
|
-0.5%
|
-5.4%
|
-1.2%
|
-5.5%
|
|
Manufacturing (11%)
|
-0.8%
|
-1.4%
|
-13.1%
|
-3.7%
|
-13.2%
|
|
Other (non-manufacturing) Goods-Producing (5%)
|
-4.8%
|
-6.6%
|
-17.7%
|
-8.3%
|
-18.3%
|
|
Private Service-Producing (66%)
|
0.7%
|
0.4%
|
-3.9%
|
-0.4%
|
-4.4%
|
|
Government (18%)
|
-0.9%
|
-1.2%
|
-1.5%
|
-0.6%
|
0.4%
|
|
Unemployment Rate (% of labor force)
|
9.8%
|
10.1%
|
11.2%
|
10.5%
|
10.7%
|
| |
|
|
|
|
|
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Other Indicators
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Single-Family Home Permits
|
-21.4%
|
-13.2%
|
9.8%
|
1.7%
|
-34.8%
|
|
Multifamily Building Permits
|
31.0%
|
4.0%
|
-44.5%
|
-7.8%
|
-43.8%
|
|
Home Price Index
|
-2.3%
|
-2.6%
|
-3.2%
|
-3.9%
|
-1.5%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
2.53
|
2.73
|
2.85
|
2.66
|
2.81
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|
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BANKING TRENDS
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|
General Information
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Institutions (#)
|
100
|
102
|
105
|
100
|
105
|
|
Total Assets (in millions)
|
1,728,418
|
1,736,676
|
2,228,338
|
1,728,418
|
2,228,338
|
|
New Institutions (# < 3 years)
|
7
|
7
|
11
|
7
|
11
|
|
Subchapter S Institutions
|
3
|
3
|
3
|
3
|
3
|
| |
|
|
|
|
|
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Asset Quality
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
5.37
|
4.96
|
3.44
|
5.37
|
3.44
|
|
Noncurrent Loans / Total Loans (median %)
|
3.28
|
3.04
|
2.36
|
3.28
|
2.36
|
|
ALLL/Total Loans (median %)
|
1.88
|
1.77
|
1.66
|
1.88
|
1.66
|
|
ALLL/Noncurrent Loans (median multiple)
|
0.48
|
0.49
|
0.66
|
0.48
|
0.66
|
|
Net Loan Losses / Total Loans (median %)
|
0.98
|
0.95
|
0.96
|
1.09
|
0.75
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|
|
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Capital / Earnings
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Tier 1 Leverage (median %)
|
9.12
|
9.23
|
9.40
|
9.12
|
9.40
|
|
Return on Assets (median %)
|
-0.06
|
0.15
|
0.02
|
0.16
|
0.09
|
|
Pretax Return on Assets (median %)
|
-0.16
|
0.12
|
-0.03
|
0.06
|
0.08
|
|
Net Interest Margin (median %)
|
3.41
|
3.40
|
3.44
|
3.43
|
3.28
|
|
Yield on Earning Assets (median %)
|
4.89
|
4.93
|
5.24
|
4.98
|
5.34
|
|
Cost of Funding Earning Assets (median %)
|
1.42
|
1.52
|
1.81
|
1.55
|
2.07
|
|
Provisions to Avg. Assets (median %)
|
0.92
|
0.94
|
1.01
|
1.04
|
0.81
|
|
Noninterest Income to Avg. Assets (median %)
|
0.42
|
0.43
|
0.42
|
0.40
|
0.38
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|
Overhead to Avg. Assets (median %)
|
3.12
|
2.87
|
2.96
|
2.90
|
2.93
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|
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Liquidity / Sensitivity
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Net Loans to Assets (median %)
|
69.9
|
69.2
|
73.1
|
69.9
|
73.1
|
|
Noncore Funding to Assets (median %)
|
31.1
|
31.8
|
31.7
|
31.1
|
31.7
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Long-term Assets to Assets (median %, call filers)
|
21.6
|
18.4
|
18.6
|
21.6
|
18.6
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Brokered Deposits (number of institutions)
|
75
|
77
|
77
|
75
|
77
|
|
Brokered Deposits to Assets (median % for those above)
|
8.5
|
8.6
|
9.4
|
8.5
|
9.4
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Loan Concentrations (median % of Total Risk-Based Capital)
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Commercial and Industrial
|
65.7
|
61.9
|
64.8
|
65.7
|
64.8
|
|
Commercial Real Estate
|
335.3
|
333.9
|
351.3
|
335.3
|
351.3
|
|
Construction & Development
|
87.5
|
97.2
|
109.9
|
87.5
|
109.9
|
|
Multifamily Residential Real Estate
|
14.3
|
13.8
|
12.3
|
14.3
|
12.3
|
|
Nonresidential Real Estate
|
220.3
|
209.3
|
203.9
|
220.3
|
203.9
|
|
Residential Real Estate
|
231.3
|
226.8
|
210.1
|
231.3
|
210.1
|
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Consumer
|
8.8
|
8.1
|
9.4
|
8.8
|
9.4
|
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Agriculture
|
3.1
|
3.0
|
2.2
|
3.1
|
2.2
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BANKING PROFILE
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