Iowa 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
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Total Nonfarm (share of trailing four quarter employment in parentheses)
|
0.4%
|
-0.4%
|
-3.3%
|
-0.7%
|
-3.0%
|
|
Manufacturing (14%)
|
1.6%
|
0.9%
|
-11.0%
|
-1.3%
|
-10.8%
|
|
Other (non-manufacturing) Goods-Producing (4%)
|
-2.2%
|
-4.2%
|
-12.5%
|
-5.1%
|
-10.6%
|
|
Private Service-Producing (65%)
|
0.5%
|
-0.3%
|
-1.6%
|
-0.3%
|
-1.5%
|
|
Government (17%)
|
-0.1%
|
-0.7%
|
-0.1%
|
-0.5%
|
0.7%
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|
Unemployment Rate (% of labor force)
|
6.2%
|
6.2%
|
6.0%
|
6.1%
|
5.6%
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|
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Other Indicators
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Single-Family Home Permits
|
20.5%
|
-15.0%
|
24.2%
|
11.3%
|
-3.5%
|
|
Multifamily Building Permits
|
-52.2%
|
-20.7%
|
1.8%
|
-9.6%
|
-20.4%
|
|
Home Price Index
|
0.6%
|
0.5%
|
0.2%
|
-0.3%
|
0.5%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
2.56
|
3.18
|
3.03
|
3.13
|
3.25
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BANKING TRENDS
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|
General Information
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Institutions (#)
|
360
|
363
|
367
|
360
|
367
|
|
Total Assets (in millions)
|
66,137
|
65,084
|
64,933
|
66,137
|
64,933
|
|
New Institutions (# < 3 years)
|
0
|
0
|
0
|
0
|
0
|
|
Subchapter S Institutions
|
217
|
220
|
219
|
217
|
219
|
| |
|
|
|
|
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Asset Quality
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
1.72
|
2.01
|
2.29
|
1.72
|
2.29
|
|
Noncurrent Loans / Total Loans (median %)
|
0.96
|
1.09
|
1.22
|
0.96
|
1.22
|
|
ALLL/Total Loans (median %)
|
1.34
|
1.37
|
1.30
|
1.34
|
1.30
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|
ALLL/Noncurrent Loans (median multiple)
|
1.27
|
1.12
|
1.00
|
1.27
|
1.00
|
|
Net Loan Losses / Total Loans (median %)
|
0.14
|
0.09
|
0.25
|
0.30
|
0.31
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Capital / Earnings
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Tier 1 Leverage (median %)
|
9.38
|
9.63
|
9.10
|
9.38
|
9.10
|
|
Return on Assets (median %)
|
1.04
|
1.19
|
0.86
|
1.06
|
0.90
|
|
Pretax Return on Assets (median %)
|
1.22
|
1.38
|
0.95
|
1.21
|
1.02
|
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Net Interest Margin (median %)
|
3.78
|
3.85
|
3.77
|
3.79
|
3.73
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Yield on Earning Assets (median %)
|
5.09
|
5.21
|
5.44
|
5.18
|
5.55
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Cost of Funding Earning Assets (median %)
|
1.22
|
1.33
|
1.61
|
1.35
|
1.79
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Provisions to Avg. Assets (median %)
|
0.17
|
0.16
|
0.33
|
0.23
|
0.33
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Noninterest Income to Avg. Assets (median %)
|
0.53
|
0.51
|
0.51
|
0.50
|
0.52
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Overhead to Avg. Assets (median %)
|
2.70
|
2.50
|
2.68
|
2.55
|
2.60
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Liquidity / Sensitivity
|
Q4-10
|
Q3-10
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Q4-09
|
2010
|
2009
|
|
Net Loans to Assets (median %)
|
62.2
|
64.1
|
63.9
|
62.2
|
63.9
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Noncore Funding to Assets (median %)
|
17.4
|
17.6
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18.4
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17.4
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18.4
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Long-term Assets to Assets (median %, call filers)
|
20.7
|
19.7
|
18.6
|
20.7
|
18.6
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Brokered Deposits (number of institutions)
|
143
|
139
|
138
|
143
|
138
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|
Brokered Deposits to Assets (median % for those above)
|
1.9
|
1.8
|
1.6
|
1.9
|
1.6
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Loan Concentrations (median % of Total Risk-Based Capital)
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
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Commercial and Industrial
|
80.5
|
79.7
|
83.2
|
80.5
|
83.2
|
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Commercial Real Estate
|
90.7
|
89.7
|
94.6
|
90.7
|
94.6
|
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Construction & Development
|
10.8
|
11.9
|
13.8
|
10.8
|
13.8
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Multifamily Residential Real Estate
|
3.3
|
3.3
|
3.0
|
3.3
|
3.0
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Nonresidential Real Estate
|
72.4
|
70.9
|
75.9
|
72.4
|
75.9
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Residential Real Estate
|
115.8
|
115.5
|
124.5
|
115.8
|
124.5
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Consumer
|
24.1
|
23.8
|
25.5
|
24.1
|
25.5
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Agriculture
|
202.2
|
205.3
|
212.6
|
202.2
|
212.6
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BANKING PROFILE
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