Delaware at a Glance
|
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)
|
0.2%
|
0.6%
|
-4.5%
|
-0.9%
|
-4.6%
|
|
Manufacturing (6%)
|
-3.8%
|
-4.1%
|
-13.0%
|
-6.3%
|
-12.0%
|
|
Other (non-manufacturing) Goods-Producing (5%)
|
1.4%
|
-0.8%
|
-16.7%
|
-3.9%
|
-20.1%
|
|
Private Service-Producing (74%)
|
0.4%
|
0.8%
|
-4.0%
|
-0.6%
|
-3.7%
|
|
Government (15%)
|
0.3%
|
2.1%
|
1.7%
|
0.8%
|
0.7%
|
|
Unemployment Rate (% of labor force)
|
8.4%
|
8.3%
|
8.6%
|
8.5%
|
8.0%
|
| |
|
|
|
|
|
|
Other Indicators
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Single-Family Home Permits
|
-24.0%
|
-26.3%
|
40.1%
|
-4.9%
|
-1.8%
|
|
Multifamily Building Permits
|
46.3%
|
-54.9%
|
-55.0%
|
-13.3%
|
-29.9%
|
|
Home Price Index
|
-2.4%
|
-2.0%
|
-4.5%
|
-3.9%
|
-4.5%
|
|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
3.79
|
3.63
|
3.83
|
3.69
|
3.34
|
| |
|
|
|
|
|
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BANKING TRENDS
|
|
General Information
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Institutions (#)
|
27
|
30
|
31
|
27
|
31
|
|
Total Assets (in millions)
|
960,841
|
949,674
|
832,805
|
960,841
|
832,805
|
|
New Institutions (# < 3 years)
|
0
|
0
|
1
|
0
|
1
|
|
Subchapter S Institutions
|
1
|
1
|
1
|
1
|
1
|
| |
|
|
|
|
|
|
Asset Quality
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
4.62
|
5.17
|
5.33
|
4.62
|
5.33
|
|
Noncurrent Loans / Total Loans (median %)
|
3.02
|
3.01
|
3.12
|
3.02
|
3.12
|
|
ALLL/Total Loans (median %)
|
1.80
|
1.93
|
1.92
|
1.80
|
1.92
|
|
ALLL/Noncurrent Loans (median multiple)
|
0.59
|
0.63
|
0.75
|
0.59
|
0.75
|
|
Net Loan Losses / Total Loans (median %)
|
1.48
|
1.46
|
1.68
|
1.40
|
1.07
|
| |
|
|
|
|
|
|
Capital / Earnings
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Tier 1 Leverage (median %)
|
10.32
|
10.24
|
10.64
|
10.32
|
10.64
|
|
Return on Assets (median %)
|
0.41
|
0.66
|
0.04
|
0.56
|
0.02
|
|
Pretax Return on Assets (median %)
|
0.29
|
0.64
|
0.07
|
0.49
|
-0.04
|
|
Net Interest Margin (median %)
|
3.59
|
3.46
|
3.51
|
3.55
|
3.37
|
|
Yield on Earning Assets (median %)
|
4.88
|
5.00
|
5.08
|
5.12
|
5.14
|
|
Cost of Funding Earning Assets (median %)
|
0.87
|
0.86
|
0.82
|
0.96
|
0.91
|
|
Provisions to Avg. Assets (median %)
|
0.91
|
0.77
|
1.20
|
1.02
|
0.85
|
|
Noninterest Income to Avg. Assets (median %)
|
1.20
|
1.01
|
1.03
|
1.23
|
1.09
|
|
Overhead to Avg. Assets (median %)
|
3.08
|
2.93
|
2.76
|
3.22
|
2.94
|
| |
|
|
|
|
|
|
Liquidity / Sensitivity
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Net Loans to Assets (median %)
|
67.5
|
69.2
|
70.4
|
67.5
|
70.4
|
|
Noncore Funding to Assets (median %)
|
29.5
|
26.5
|
23.1
|
29.5
|
23.1
|
|
Long-term Assets to Assets (median %, call filers)
|
12.0
|
7.9
|
10.8
|
12.0
|
10.8
|
|
Brokered Deposits (number of institutions)
|
15
|
16
|
17
|
15
|
17
|
|
Brokered Deposits to Assets (median % for those above)
|
9.4
|
7.8
|
9.3
|
9.4
|
9.3
|
| |
|
|
|
|
|
|
Loan Concentrations (median % of Total Risk-Based Capital)
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Commercial and Industrial
|
28.5
|
31.4
|
14.5
|
28.5
|
14.5
|
|
Commercial Real Estate
|
97.0
|
82.3
|
49.5
|
97.0
|
49.5
|
|
Construction & Development
|
3.8
|
11.6
|
7.8
|
3.8
|
7.8
|
|
Multifamily Residential Real Estate
|
1.3
|
3.5
|
3.6
|
1.3
|
3.6
|
|
Nonresidential Real Estate
|
61.4
|
54.8
|
30.2
|
61.4
|
30.2
|
|
Residential Real Estate
|
147.0
|
142.6
|
137.1
|
147.0
|
137.1
|
|
Consumer
|
8.5
|
9.5
|
8.2
|
8.5
|
8.2
|
|
Agriculture
|
0.0
|
0.5
|
1.1
|
0.0
|
1.1
|
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BANKING PROFILE
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