Kansas City--Recently, farmland values appear to be supported increasingly by government payments. The timing and amount of these payments are uncertain, making assessment of borrower creditworthiness and collateral protection difficult.
Memphis--A slowing economy is contributing to earnings erosion and adversely affecting consumer and construction credit quality among the Region's insured institutions.
New York--The Region's counties have not benefited equally from the economic expansion, and this has contributed to differences in performance and credit risk profiles among insured institutions.
San Francisco--Softness in the Region's high-tech manufacturing and lumber sectors, emerging weakness in the tourism industry, and increasing competition could weaken insured institutions' commercial and industrial loan quality.