Figure 4: FSB’s CRE Loan Concentration as a Percent of Total Capital Compared to Peers

Dec-2004
FSB: 360.86%
Peers: 323.49%

Dec-2005
FSB: 493.26%
Peers: 357.83%

Dec-2006
FSB: 505.73%
Peers: 371.28%

Dec-2007
FSB: 299.50%
Peers: 263.34%

Dec-2008
FSB: 462.08%
Peers: 259.66%

Jun-2009
FSB: 1,376.76%
Peers: 242.86%

Source: UBPRs for FSB.
Note: Owner-occupied loans are not included in the percentages for the 2007 through 2009. The increase in the CRE concentration in 2008 and 2009 resulted from a decline in FSB’s capital.