Alaska 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
|
2009
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|
Total Nonfarm (share of trailing four quarter employment in parentheses)
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2.2%
|
1.3%
|
-0.5%
|
1.1%
|
-0.4%
|
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Manufacturing (4%)
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3.3%
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-2.2%
|
-6.9%
|
-0.9%
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-0.9%
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|
Other (non-manufacturing) Goods-Producing (10%)
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3.2%
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3.6%
|
-6.4%
|
0.0%
|
-3.5%
|
|
Private Service-Producing (60%)
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2.7%
|
0.9%
|
-0.5%
|
1.1%
|
-0.8%
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|
Government (26%)
|
0.7%
|
2.0%
|
2.3%
|
1.8%
|
1.9%
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Unemployment Rate (% of labor force)
|
7.9%
|
7.9%
|
8.2%
|
8.0%
|
7.8%
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|
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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
|
2009
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Single-Family Home Permits
|
3.0%
|
29.0%
|
37.5%
|
31.3%
|
-12.2%
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|
Multifamily Building Permits
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-42.9%
|
-39.7%
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-20.0%
|
-47.7%
|
12.6%
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Home Price Index
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-0.4%
|
0.7%
|
0.0%
|
-0.5%
|
-0.1%
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|
Nonbusiness Bankruptcy Filings per 1000 people (quarterly annualized level)
|
1.38
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1.53
|
1.46
|
1.47
|
1.28
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BANKING TRENDS
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General Information
|
Q4-10
|
Q3-10
|
Q4-09
|
2010
|
2009
|
|
Institutions (#)
|
6
|
6
|
6
|
6
|
6
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Total Assets (in millions)
|
4,978
|
5,041
|
4,802
|
4,978
|
4,802
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New Institutions (# < 3 years)
|
0
|
0
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0
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0
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0
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Subchapter S Institutions
|
1
|
1
|
1
|
1
|
1
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|
|
|
|
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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
|
2009
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|
Past-Due and Nonaccrual Loans / Total Loans (median %)
|
1.36
|
1.88
|
2.52
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1.36
|
2.52
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|
Noncurrent Loans / Total Loans (median %)
|
0.63
|
0.97
|
1.08
|
0.63
|
1.08
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ALLL/Total Loans (median %)
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1.56
|
1.41
|
1.47
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1.56
|
1.47
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ALLL/Noncurrent Loans (median multiple)
|
1.69
|
1.25
|
1.69
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1.69
|
1.69
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Net Loan Losses / Total Loans (median %)
|
0.00
|
0.30
|
0.32
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0.29
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0.83
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Capital / Earnings
|
Q4-10
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Q3-10
|
Q4-09
|
2010
|
2009
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|
Tier 1 Leverage (median %)
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11.27
|
11.13
|
10.52
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11.27
|
10.52
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Return on Assets (median %)
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1.31
|
1.28
|
0.97
|
1.18
|
1.17
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Pretax Return on Assets (median %)
|
1.15
|
1.52
|
1.26
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1.45
|
1.39
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Net Interest Margin (median %)
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4.54
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4.47
|
4.77
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4.51
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4.86
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Yield on Earning Assets (median %)
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4.92
|
5.00
|
5.48
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5.08
|
5.64
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Cost of Funding Earning Assets (median %)
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0.42
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0.50
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0.63
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0.51
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0.72
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Provisions to Avg. Assets (median %)
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0.08
|
0.12
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0.46
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0.25
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0.38
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Noninterest Income to Avg. Assets (median %)
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1.14
|
1.26
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0.94
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1.07
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1.18
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Overhead to Avg. Assets (median %)
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3.58
|
3.65
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3.74
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3.72
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3.87
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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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52.8
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53.5
|
56.2
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52.8
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56.2
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Noncore Funding to Assets (median %)
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17.0
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15.9
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17.1
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17.0
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17.1
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Long-term Assets to Assets (median %, call filers)
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25.0
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25.5
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30.3
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25.0
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30.3
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Brokered Deposits (number of institutions)
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2
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3
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3
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2
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3
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Brokered Deposits to Assets (median % for those above)
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4.7
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1.4
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1.5
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4.7
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1.5
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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
|
2009
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Commercial and Industrial
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76.6
|
87.1
|
88.2
|
76.6
|
88.2
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Commercial Real Estate
|
309.2
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314.7
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342.1
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309.2
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342.1
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Construction & Development
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49.8
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57.1
|
63.6
|
49.8
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63.6
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Multifamily Residential Real Estate
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9.5
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8.9
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9.6
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9.5
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9.6
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Nonresidential Real Estate
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243.6
|
245.1
|
262.0
|
243.6
|
262.0
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Residential Real Estate
|
94.9
|
110.3
|
105.6
|
94.9
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105.6
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Consumer
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8.9
|
9.5
|
11.4
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8.9
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11.4
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Agriculture
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3.8
|
3.9
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4.4
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3.8
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4.4
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BANKING PROFILE
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