Tennessee 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)
|
0.9%
|
0.8%
|
-4.9%
|
-0.3%
|
-5.6%
|
|
Manufacturing (11%)
|
-1.2%
|
-1.1%
|
-13.4%
|
-3.7%
|
-14.3%
|
|
Other (non-manufacturing) Goods-Producing (4%)
|
1.8%
|
-1.2%
|
-15.9%
|
-4.0%
|
-17.0%
|
|
Private Service-Producing (68%)
|
1.5%
|
1.1%
|
-3.7%
|
0.3%
|
-4.4%
|
|
Government (17%)
|
-0.3%
|
1.0%
|
0.1%
|
0.8%
|
0.2%
|
|
Unemployment Rate (% of labor force)
|
9.4%
|
9.4%
|
10.5%
|
9.7%
|
10.4%
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|
|
|
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Other Indicators
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Single-Family Home Permits
|
-25.6%
|
-20.4%
|
32.8%
|
-1.7%
|
-23.2%
|
|
Multifamily Building Permits
|
-3.3%
|
174.8%
|
-55.4%
|
75.1%
|
-51.2%
|
|
Home Price Index
|
-1.0%
|
-0.9%
|
-2.7%
|
-2.5%
|
-1.0%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
7.24
|
8.38
|
8.13
|
7.74
|
8.44
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BANKING TRENDS
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|
General Information
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Institutions (#)
|
191
|
191
|
194
|
191
|
194
|
|
Total Assets (in millions)
|
86,640
|
87,558
|
88,960
|
86,640
|
88,960
|
|
New Institutions (# < 3 years)
|
1
|
2
|
6
|
1
|
6
|
|
Subchapter S Institutions
|
41
|
41
|
43
|
41
|
43
|
| |
|
|
|
|
|
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Asset Quality
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
4.27
|
4.09
|
3.99
|
4.27
|
3.99
|
|
Noncurrent Loans / Total Loans (median %)
|
1.90
|
2.00
|
1.90
|
1.90
|
1.90
|
|
ALLL/Total Loans (median %)
|
1.70
|
1.53
|
1.49
|
1.70
|
1.49
|
|
ALLL/Noncurrent Loans (median multiple)
|
0.82
|
0.76
|
0.75
|
0.82
|
0.75
|
|
Net Loan Losses / Total Loans (median %)
|
0.64
|
0.42
|
0.65
|
0.61
|
0.57
|
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|
|
|
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Capital / Earnings
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Tier 1 Leverage (median %)
|
9.33
|
9.47
|
9.27
|
9.33
|
9.27
|
|
Return on Assets (median %)
|
0.47
|
0.61
|
0.29
|
0.51
|
0.37
|
|
Pretax Return on Assets (median %)
|
0.58
|
0.80
|
0.31
|
0.65
|
0.45
|
|
Net Interest Margin (median %)
|
3.93
|
3.93
|
3.83
|
3.90
|
3.75
|
|
Yield on Earning Assets (median %)
|
5.36
|
5.43
|
5.64
|
5.44
|
5.78
|
|
Cost of Funding Earning Assets (median %)
|
1.43
|
1.54
|
1.85
|
1.58
|
2.06
|
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Provisions to Avg. Assets (median %)
|
0.58
|
0.45
|
0.81
|
0.52
|
0.62
|
|
Noninterest Income to Avg. Assets (median %)
|
0.63
|
0.63
|
0.62
|
0.62
|
0.62
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Overhead to Avg. Assets (median %)
|
3.13
|
3.02
|
3.18
|
3.02
|
3.15
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Liquidity / Sensitivity
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Net Loans to Assets (median %)
|
66.8
|
67.4
|
69.0
|
66.8
|
69.0
|
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Noncore Funding to Assets (median %)
|
27.9
|
28.7
|
30.0
|
27.9
|
30.0
|
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Long-term Assets to Assets (median %, call filers)
|
19.9
|
19.0
|
18.1
|
19.9
|
18.1
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|
Brokered Deposits (number of institutions)
|
86
|
86
|
92
|
86
|
92
|
|
Brokered Deposits to Assets (median % for those above)
|
4.3
|
4.8
|
6.7
|
4.3
|
6.7
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Loan Concentrations (median % of Total Risk-Based Capital)
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Commercial and Industrial
|
63.4
|
61.4
|
69.0
|
63.4
|
69.0
|
|
Commercial Real Estate
|
267.4
|
274.0
|
275.7
|
267.4
|
275.7
|
|
Construction & Development
|
68.0
|
71.9
|
80.6
|
68.0
|
80.6
|
|
Multifamily Residential Real Estate
|
7.3
|
7.6
|
7.2
|
7.3
|
7.2
|
|
Nonresidential Real Estate
|
186.1
|
177.7
|
172.1
|
186.1
|
172.1
|
|
Residential Real Estate
|
218.1
|
215.6
|
225.4
|
218.1
|
225.4
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Consumer
|
32.2
|
31.3
|
34.5
|
32.2
|
34.5
|
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Agriculture
|
17.4
|
18.3
|
16.2
|
17.4
|
16.2
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BANKING PROFILE
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