CDFI Market Conditions Q211 Report II
CDFI Market Conditions Second Quarter 2011 Report II – Detailed Tables Published September 2011
The Opportunity Finance Network CDFI Market Conditions Report is a quarterly publication based on quarterly surveys of community development financial institutions (CDFIs). Opportunity Finance Network began conducting these surveys in October 2008 to better understand the impacts of tight credit markets and the economic downturn on the opportunity finance industry. Each report provides a near-real-time view of market conditions and CDFI responses, analysis of regional and financing sector differences, and analysis of important trends.
Opportunity Finance Network Public Ledger Building 620 Chestnut Street Suite 572 Philadelphia, PA 19106-3413
P 215.923.4754 F 215.923.4755 www.opportunityfinance.net
CDFI Market Conditions Report Second Quarter 2011 Published September 2011 INTRODUCTION This report presents the results of the twelfth consecutive quarterly CDFI Market Conditions Survey conducted in July through August 2011 covering the second quarter (April – June) of 2011. The quarterly CDFI Market Conditions Survey is the only survey of its kind; there is no other source of near-real-time data on CDFI industry performance. The CDFI Market Conditions Report includes two separate documents: o o
CDFI Market Conditions, Second Quarter 2011, Report I - Results and Analysis CDFI Market Conditions, Second Quarter 2011, Report II - Detailed Tables
The first report provides a concise and streamlined presentation of the quarterly survey findings. It includes a discussion of the survey responses from the second quarter survey as well as a comparative analysis with previous quarters for both the full and trend survey samples. This document, Report II – Detailed Tables, provides the supporting data for the Report I analysis including data for the full and trend samples and all breakouts. It also includes the methodology and a list of survey respondents.
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II – Detailed Tables
i
TABLE OF CONTENTS Section I: All Respondents Table I. Results for All Respondents
1
Table II. Results by Asset Size II A. All Large CDFIs II B. All Medium CDFIs II C. All Small CDFIs
5 8 11
Table III. Results by Financing Sector III A. All Business III B. All Commercial Real Estate III C. All Community Services III D. All Consumer III E. All Housing to Individuals III F. All Housing to Organizations III G. All Intermediary III H. All Microenterprise
14 17 20 23 26 29 32 35
Table IV. Results by Region IV A. All Midwest CDFIs IV B. All Northeast CDFIs IV C. All South CDFIs IV D. All West CDFIs
38 41 44 47
Section II: Trend Analysis Table V. Results for Trend Respondents
50
Appendices: Appendix I. Methodology and Changes in the Survey Questions
54
Appendix II. Definitions of Categories
55
Appendix III. List of CDFIs Participating in the OFN Market Conditions Survey A. All Respondents B. Trend Sample
57 60
Appendix IV. Composition of Breakout Samples A. Sectoral Composition by Financial Institution Type B. Sectoral Composition by Asset Size C. Sectoral Composition by Regions
61 61 61
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II – Detailed Tables
ii
Table I: All Respondents All Summary I. Results for All Respondents All
Type
n=
Banks
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
136
151
117
121
124
106
120
128
131
112
117
136
152
117
121
124
106
120
128
131
112
117
1%
2%
1%
1%
2%
2%
2%
2%
2%
3%
0%
Credit Unions
10%
10%
8%
9%
7%
10%
11%
12%
8%
5%
5%
Loan Funds
87%
87%
90%
88%
89%
86%
84%
84%
86%
88%
92%
2%
1%
2%
2%
2%
2%
3%
2%
3%
4%
3%
136
152
117
121
124
106
120
128
131
112
118
29%
30%
28%
29%
27%
26%
27%
25%
25%
32%
24%
Venture Funds
Financing Sector
n=
Business Commercial Real Estate
5%
3%
3%
3%
3%
3%
4%
6%
3%
6%
2%
Community Services
5%
6%
6%
6%
5%
7%
6%
5%
11%
9%
6%
Consumer
8%
9%
5%
6%
8%
10%
9%
14%
7%
4%
5%
Housing to Individuals
13%
13%
16%
14%
13%
12%
13%
13%
14%
13%
15%
Housing to Organizations
25%
20%
26%
21%
28%
23%
26%
26%
24%
20%
28%
Intermediary Microenterprise Urban/Rural Market
n=
Equally Rural/Urban
3%
2%
2%
2%
2%
2%
3%
1%
2%
4%
2%
13%
17%
14%
19%
14%
17%
13%
10%
15%
12%
19%
136
147
117
121
124
106
120
128
131
112
118
21%
22%
14%
16%
21%
21%
23%
20%
18%
19%
19%
Primarily Rural
32%
25%
33%
30%
27%
28%
26%
26%
32%
29%
28%
Primarily Urban
46%
53%
53%
55%
52%
51%
52%
55%
50%
52%
53%
136
152
113
116
124
106
120
128
131
112
118
Region
n=
Midwest
20%
26%
25%
21%
23%
24%
20%
21%
23%
21%
18%
Northeast
23%
21%
27%
29%
27%
25%
25%
26%
27%
27%
30%
South*
35%
30%
28%
27%
27%
35%
29%
34%
30%
30%
26%
West
22%
22%
20%
23%
23%
17%
26%
20%
21%
21%
26%
134
143
115
120
124
106
120
128
131
111
114
Assets > $50MM
Asset Size
n=
27%
27%
24%
26%
26%
24%
23%
21%
18%
21%
17%
Assets between $10-50MM
34%
27%
30%
31%
33%
33%
36%
31%
35%
37%
30%
Assets < $10MM
40%
46%
45%
43%
41%
43%
41%
48%
47%
42%
54%
* Includes Puerto Rico.
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
1
Table I: All Respondents Demand, Originations and Capital I. Results for All Respondents Number of Financing Applications Received (%)
n=
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
136
152
115
121
123
106
120
128
129
110
116
Decreased
26%
36%
36%
32%
23%
23%
29%
17%
16%
18%
19%
Increased
50%
39%
38%
39%
54%
48%
39%
55%
59%
58%
63%
No Change
24%
25%
26%
29%
24%
29%
32%
28%
25%
24%
18%
NR
NR
NR
Number of Financing Applications Received, Change from Previous Year (%)
n=
136
152
114
120
120
105
117
126
Decreased
33%
32%
26%
40%
34%
24%
23%
21%
NR
NR
NR
Increased
54%
46%
55%
42%
45%
52%
56%
60%
NR
NR
NR
No Change
13%
22%
18%
18%
21%
24%
21%
20%
NR
NR
NR
Number of Loans/Investments Originated (%)
n=
136
152
115
121
124
106
120
127
130
112
115
Decreased
22%
41%
33%
39%
22%
40%
28%
22%
16%
35%
30%
Increased
53%
36%
50%
36%
48%
35%
39%
48%
52%
33%
48%
No Change
25%
23%
17%
26%
30%
25%
33%
30%
32%
32%
23%
NR
NR
NR
Number of Loans/Investments Originated, Change from Previous Year (%) Decreased
n=
136
152
114
121
124
105
119
126
29%
34%
39%
41%
39%
37%
29%
29%
NR
NR
NR
Increased
55%
49%
46%
39%
44%
40%
50%
40%
NR
NR
NR
No Change
15%
18%
15%
20%
18%
23%
22%
30%
NR
NR
80
90
98
Ability to Access Capital (%)
n=
119
122
104
101
101
105
NR
86
93
Decreased
10%
16%
6%
9%
12%
15%
20%
26%
34%
40%
40%
Increased
34%
25%
29%
43%
25%
26%
24%
22%
18%
23%
19%
No Change
56%
60%
65%
49%
63%
59%
56%
52%
48%
37%
41%
NR
NR
NR
Ability to Access Capital, Change from Previous Year (%) Decreased
87
90
15%
12%
11%
8%
18%
16%
28%
29%
NR
NR
NR
Increased
36%
38%
52%
55%
45%
37%
31%
26%
NR
NR
NR
No Change
49%
50%
38%
37%
38%
47%
41%
45%
NR
NR
Capital Liquidity (%)
n=
119
n=
126
135
104
147
106
112
101
119
123
105
120
100
127
130
111
NR 118
Decreased
23%
27%
23%
21%
33%
22%
23%
25%
38%
38%
42%
Increased
39%
33%
42%
49%
29%
35%
34%
31%
22%
29%
28%
44%
40%
33%
31%
NR
NR
NR
No Change Capital Liquidity, Change from Previous Year (%) Decreased
39% n=
42%
135
37%
147
30%
112
38%
119
43%
123
105
43% 119
124
32%
24%
25%
24%
28%
27%
30%
32%
NR
NR
NR
Increased
48%
46%
55%
53%
40%
40%
39%
32%
NR
NR
NR
No Change
20%
30%
20%
23%
32%
33%
31%
35%
NR
NR
Capital-Constrained (%)
n=
135
150
115
121
122
105
118
124
131
112
NR 118
Both
10%
11%
8%
12%
13%
16%
20%
23%
22%
26%
25%
Debt
4%
6%
3%
6%
2%
5%
11%
12%
14%
15%
15%
Equity
12%
10%
7%
8%
11%
8%
19%
12%
15%
10%
14%
Neither
75%
73%
82%
74%
73%
71%
50%
52%
49%
49%
47%
28
36
20
27
23
13
NR
NR
NR
NR
NR
$ 43.0
$ 27.2
$ 80.1
$ 23.8
NR
NR
NR
NR
NR
$
$
$
$
1.8
NR
NR
NR
NR
NR
104
118
123
129
111
116
Capital Shortfall During the Quarter
n=
Total Capital Shortfall During the Quarter ($ MM)
$
120.8
$
166.0
Average Capital Shortfall During the Quarter ($ MM)
$
4.3
$
4.6
Average Cost of Borrowed Capital
n=
135
148
2.1 114
1.0 120
3.5 121
Decreased
7%
13%
11%
13%
12%
13%
19%
9%
17%
15%
13%
Increased
7%
11%
12%
9%
13%
8%
11%
8%
14%
15%
15%
No Change
87%
76%
77%
78%
74%
79%
69%
83%
69%
69%
72%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
2
Table I: All Respondents Portfolio Quality I. Results for All Respondents
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
122
132
100
107
98
89
105
NR
NR
NR
NR
8.9%
8.3%
10.3%
9.5%
10.7%
8.7%
8.5%
NR
NR
NR
NR
122
132
100
107
98
89
105
107
109
101
99
31-60 days
1.4%
3.0%
2.1%
2.5%
4.0%
2.7%
2.4%
2.6%
3.0%
2.7%
2.7%
61-90 days
1.0%
1.3%
0.8%
1.2%
1.5%
2.1%
1.5%
1.2%
1.4%
1.8%
1.7%
90+ days
4.2%
4.1%
5.5%
4.7%
4.7%
5.2%
4.2%
5.7%
5.6%
4.7%
6.7%
Total
6.5%
8.5%
8.4%
8.5%
10.2%
10.1%
8.1%
9.5%
10.0%
9.2%
11.1%
120
131
85
90
87
67
NR
NR
NR
NR
NR
1.0%
3.9%
1.2%
1.1%
1.6%
120
131
85
90
87
5.4%
4.9%
7.7%
7.5%
4.4%
122
132
100
107
98
89
0.7%
0.5%
1.0%
0.7%
0.8%
131
136
112
115
123
Average Loan Loss Reserve (%)
n=
Loan Loss Reserve Average Portfolio-at-Risk
Average Non-Accruals (%)
n=
n=
Non-Accruals Average Loans Restructured (%) Loans Restructured Average Net Charge-Offs (%)
n=
Net Charge-Offs Loan Loss Reserve Ratio (%)
n=
0.00 67 0.04
0.0%
NR
NR
NR
NR
NR
NR
NR
NR
NR
0.0%
NR
NR
NR
NR
105
107
109
101
99
0.9%
1.1%
0.7%
0.8%
0.4%
1.6%
104
118
127
130
111
116
Decreased
24%
22%
25%
30%
22%
13%
17%
12%
13%
11%
12%
Increased
36%
36%
29%
36%
35%
38%
36%
43%
35%
47%
43%
No Change
40%
42%
46%
34%
43%
48%
47%
45%
52%
42%
45%
Delinquency Rate (%)
n=
131
138
113
114
124
106
118
127
129
111
116
Decreased
40%
43%
45%
37%
31%
30%
29%
20%
30%
21%
9%
Increased
18%
24%
28%
35%
32%
38%
38%
40%
32%
34%
52%
No Change
41%
33%
27%
28%
36%
32%
33%
40%
38%
45%
39%
NR
NR
NR
Delinquency Rate, Change from Previous Year n= (%) Decreased
132
137
113
112
123
104
119
125
45%
50%
48%
40%
40%
30%
24%
22%
NR
NR
NR
Increased
28%
30%
35%
38%
38%
47%
54%
46%
NR
NR
NR
No Change
27%
20%
18%
21%
22%
23%
22%
31%
NR
NR
NR
Number of Loans/Investments in Workout (%) Decreased
n=
128
138
110
112
121
106
119
128
127
111
117
19%
14%
23%
21%
9%
12%
7%
8%
10%
9%
4%
Increased
14%
23%
31%
20%
35%
38%
50%
41%
46%
41%
56%
No Change
67%
62%
46%
60%
56%
50%
43%
51%
44%
50%
40%
Number of Loans Given Term Extensions (%) n=
129
135
111
112
123
104
118
126
127
110
116
Decreased
15%
9%
13%
19%
18%
15%
8%
6%
6%
6%
3%
Increased
16%
18%
28%
19%
24%
32%
42%
32%
45%
37%
51%
No Change
70%
73%
59%
63%
58%
53%
51%
62%
49%
56%
46%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
3
Table I: All Respondents Outlook I. Results for All Respondents Expected Demand for Financing(%)
11Q2 n=
11Q1
132
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
114
119
123
105
119
120
125
108
117
140
Decrease
2%
4%
3%
8%
2%
3%
7%
6%
4%
4%
5%
Increase
70%
67%
67%
61%
65%
72%
68%
64%
70%
72%
83%
No Change
28%
29%
31%
32%
33%
25%
25%
30%
26%
24%
12%
Projected Financing Next Year (if no Capital Constraints)
n=
124
129
105
106
120
104
NR
NR
NR
NR
NR
Projected Total Financing Next Year (if no Capital Constraints) (MM)
$
2,409
$
2,042
$ 1,762
$ 1,488
$ 1,970
$ 457
NR
NR
NR
NR
NR
Projected Average Financing Next Year (if no Capital Constraints) (MM)
$
19.4
$
15.8
$ 16.8
$ 14.0
$ 16.4
$
NR
NR
NR
NR
NR
Projected Additional Capital Needed Next Year
n=
117
126
103
Projected Total Capital Needed Next Year (MM)
$
882.9
$
650
$ 372.8
Projected Average Capital Needed Next Year (MM)
$
7.5
$
5.2
$
Expected Change in Portfolio Quality (%)
n=
Deteriorate
132
138
3.6 113
103
4.4
121
NR
NR
NR
NR
NR
NR
$341.1 $ 498.6
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
$3.3 $ 118
4.1 124
106
120
119
130
108
115
5%
6%
7%
4%
9%
10%
22%
19%
24%
24%
45%
Improve
35%
42%
43%
38%
36%
42%
33%
32%
28%
26%
24%
No Change
60%
52%
50%
58%
55%
48%
45%
49%
48%
50%
30%
81
NR
NR
Days Cash on Hand
n=
135
147
114
119
120
103
118
109
0-90 days
11%
12%
11%
10%
13%
16%
16%
11%
22%
NR
NR
91-180 days
29%
24%
25%
29%
26%
28%
25%
34%
33%
NR
NR
181-365 days
29%
31%
30%
25%
24%
37%
31%
28%
22%
NR
NR
greater than 365
31%
33%
35%
35%
37%
19%
28%
28%
22%
NR
NR
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
132
136
114
117
120
104
119
113
125
106
113
89%
89%
88%
86%
78%
79%
75%
69%
67%
65%
63%
11%
11%
12%
14%
23%
21%
25%
31%
33%
35%
37%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
4
Table II. Results by Asset Size Demand, Originations and Capital II. A. All Large CDFIs
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
36
39
28
31
31
25
28
27
22
23
18
Decreased
25%
26%
36%
29%
16%
24%
25%
26%
23%
30%
28%
Increased
56%
44%
32%
45%
61%
44%
39%
56%
55%
48%
44%
No Change
19%
31%
32%
26%
23%
32%
36%
19%
23%
22%
28%
36
39
28
30
31
25
27
27
NR
NR
NR
Decreased
36%
31%
32%
40%
26%
28%
37%
44%
NR
NR
NR
Increased
50%
49%
54%
40%
55%
52%
48%
37%
NR
NR
NR
No Change
14%
21%
14%
20%
19%
20%
15%
19%
NR
NR
NR
36
39
28
31
32
25
28
27
24
23
19
Decreased
22%
33%
36%
39%
9%
44%
36%
22%
13%
61%
42%
Increased
58%
44%
57%
39%
69%
36%
43%
52%
54%
13%
16%
No Change
19%
23%
7%
23%
22%
20%
21%
26%
33%
26%
42%
NR
NR
NR
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change Over Previous Year(%)
Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
n=
36
39
28
31
32
25
28
27
36%
36%
32%
29%
44%
40%
54%
48%
NR
NR
NR
Increased
47%
56%
57%
52%
50%
52%
36%
33%
NR
NR
NR
No Change
17%
8%
11%
19%
6%
8%
11%
19%
NR
NR
32
37
27
30
28
25
25
24
21
20
16
Decreased
9%
19%
11%
3%
7%
16%
16%
17%
29%
40%
50%
Increased
25%
27%
33%
43%
29%
28%
32%
21%
19%
10%
25%
No Change
66%
54%
56%
53%
64%
56%
52%
63%
52%
50%
25%
NR
NR
NR
Ability to Access Capital (%)
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
n=
34
38
28
31
28
25
26
24
18%
11%
7%
3%
14%
12%
15%
17%
NR
NR
NR
Increased
35%
45%
39%
61%
43%
44%
27%
29%
NR
NR
NR
No Change
47%
45%
54%
35%
43%
44%
58%
54%
NR
NR
36
39
27
31
32
25
28
27
24
23
19
Decreased
11%
33%
26%
16%
41%
24%
21%
15%
25%
39%
37%
Increased
47%
38%
52%
48%
13%
20%
39%
22%
13%
22%
26%
42%
28%
22%
35%
47%
56%
39%
63%
63%
39%
37%
36
39
28
31
32
25
28
27
NR
NR
NR
28%
21%
21%
16%
28%
24%
25%
30%
NR
NR
NR
Increased
47%
49%
57%
74%
41%
40%
46%
33%
NR
NR
NR
No Change
25%
31%
21%
10%
31%
36%
29%
37%
NR
NR
36
39
28
31
31
25
28
27
Capital Liquidity (%)
n=
NR
n=
No Change Capital Liquidity, Change Over Previous Year(%) Decreased
Capital-Constrained (%)
n=
n=
24
23
NR
NR 19
Both
8%
3%
0%
10%
10%
20%
25%
19%
25%
26%
26%
Debt
3%
5%
4%
6%
6%
4%
7%
19%
25%
22%
26%
Equity
11%
13%
7%
3%
13%
4%
14%
7%
4%
4%
5%
Neither
78%
79%
89%
81%
71%
72%
54%
56%
46%
48%
42%
5
8
3
5
3
22
NR
NR
NR
NR
NR
Total Capital Shortfall During the Quarter ($ MM)
$ 43.5
$ 138.6
$ 12.0
$ 16.0
$ 53.0
$
7.5
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
8.7
$ 17.3
$
$
3.2
$ 17.7
$
0.3
NR
NR
NR
NR
NR
36
39
28
31
30
24
28
27
23
23
19
Decreased
11%
21%
14%
16%
10%
17%
25%
7%
26%
22%
32%
Increased
8%
18%
18%
13%
13%
13%
14%
15%
22%
22%
16%
No Change
81%
62%
68%
71%
77%
71%
61%
78%
52%
57%
53%
Capital Shortfall During the Quarter
Average Cost of Borrowed Capital
n=
n=
4.0
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
5
Table II. Results by Asset Size Portfolio Quality II. A. All Large CDFIs
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
30
38
26
29
27
23
25
NR
NR
NR
NR
5.2%
5.9%
6.2%
6.6%
6.6%
6.1%
6.2%
NR
NR
NR
NR
30
38
26
29
27
23
25
23
22
22
17
31-60 days
1.2%
2.4%
1.8%
1.9%
1.8%
1.5%
1.9%
2.2%
2.9%
1.9%
2.0%
61-90 days
0.7%
1.0%
0.6%
0.5%
1.2%
1.6%
1.5%
1.0%
1.0%
1.3%
1.0%
90+ days
3.2%
2.7%
4.2%
4.4%
4.1%
4.3%
4.8%
5.2%
4.9%
4.8%
3.1%
Total
5.2%
6.1%
6.5%
6.9%
7.1%
7.5%
8.2%
8.4%
8.8%
8.0%
6.1%
30
38
22
21
25
15
NR
NR
NR
NR
NR
1.5%
0.9%
1.0%
0.6%
1.4%
30
38
22
21
25
8.4%
7.5%
11.2%
10.7%
4.0%
0.0%
NR
NR
NR
NR
30
38
26
29
27
23
25
23
22
22
17
0.1%
0.2%
0.9%
0.6%
0.6%
0.2%
0.7%
0.4%
0.3%
0.3%
0.3%
Average Loan Loss Reserve (%)
n=
Loan Loss Reserve Average Portfolio-at-Risk
Average Non-Accruals (%)
n=
n=
Non-Accruals Average Loans Restructured (%)
n=
Loans Restructured Average Net Charge-Offs (%)
n=
Net Charge-Offs Loan Loss Reserve Ratio (%)
n=
36
39
28
31
32
0.01 15 0.02
25
0.0%
NR
NR
NR
NR
NR
NR
NR
NR
NR
28
27
24
23
19
Decreased
25%
31%
36%
42%
31%
12%
7%
11%
25%
22%
16%
Increased
39%
33%
25%
29%
38%
32%
36%
59%
42%
52%
63%
No Change
36%
36%
39%
29%
31%
56%
57%
30%
33%
26%
21%
36
39
28
31
32
25
28
27
24
23
19
Decreased
Delinquency Rate (%)
n=
47%
41%
54%
39%
31%
40%
29%
30%
25%
26%
11%
Increased
14%
49%
18%
39%
38%
48%
50%
52%
50%
48%
68%
No Change
39%
10%
29%
23%
31%
12%
21%
19%
25%
26%
21%
NR
NR
NR
Delinquency Rate, Change from Previous Year n= (%) Decreased
36
39
28
31
32
25
28
27
58%
51%
50%
42%
47%
28%
25%
19%
NR
NR
NR
Increased
31%
44%
21%
42%
44%
56%
57%
67%
NR
NR
NR
No Change
11%
5%
29%
16%
9%
16%
18%
15%
NR
NR
NR
34
39
27
31
32
25
28
27
23
23
Number of Loans/Investments in Workout (%) Decreased
n=
19
26%
21%
33%
19%
9%
16%
4%
11%
17%
17%
5%
Increased
15%
23%
22%
19%
41%
44%
64%
59%
52%
65%
74%
No Change
59%
56%
44%
61%
50%
40%
32%
30%
30%
17%
21%
Number of Loans Given Term Extensions (%) n=
35
38
27
30
32
24
27
27
23
23
19
Decreased
20%
8%
30%
17%
19%
17%
7%
11%
13%
9%
11%
Increased
14%
24%
26%
20%
31%
33%
52%
48%
43%
30%
47%
No Change
66%
68%
44%
63%
50%
50%
41%
41%
43%
61%
42%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
6
Table II. Results by Asset Size Outlook II. A. All Large CDFIs
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
35
39
28
31
32
25
28
26
23
23
19
Decrease
6%
3%
0%
3%
3%
0%
4%
8%
4%
0%
0%
Increase
63%
54%
54%
42%
66%
68%
61%
42%
57%
61%
68%
No Change
31%
44%
46%
55%
31%
32%
36%
50%
39%
39%
32%
37
27
26
32
24
NR
NR
NR
NR
NR
$ 1,612
$ 1,316
$ 1,101
$ 1,434
$ 337
NR
NR
NR
NR
NR
$ 43.6
$ 48.7
$ 42.4
$ 44.8
$ 14.1
NR
NR
NR
NR
NR
Expected Demand for Financing(%)
11Q2 n=
Projected Financing Next Year (if no Capital n= 27 Constraints) Projected Total Financing Next Year (if no Capital $ 1,279 Constraints) (MM) Projected Average Financing Next Year (if no Capital $ 47.4 Constraints) (MM) Projected Additional Capital Needed Next n= 25 Y Projected Total Capital Needed Next Year (MM) $ 245 Projected Average Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
$ n=
Deteriorate
11Q1
10Q4
34 $
470
9.8
$ 13.8
36
39
10Q3
26 $ 212.7 $
8.2
10Q2
32
NR
NR
NR
NR
NR
NR
$255.0 $ 312.5
25
NR
NR
NR
NR
NR
NR
$10.2 $
9.8
NR
NR
NR
NR
NR
NR
28
30
32
25
28
26
23
23
19
8%
5%
0%
10%
13%
20%
32%
23%
22%
26%
58%
31%
38%
36%
37%
28%
28%
18%
19%
22%
9%
16%
61%
56%
64%
53%
59%
52%
50%
58%
57%
65%
26%
36
38
28
31
29
24
28
22
NR
NR
NR
8%
5%
0%
0%
7%
0%
4%
5%
NR
NR
NR
91-180 days
14%
18%
18%
13%
14%
17%
14%
18%
NR
NR
NR
181-365 days
28%
24%
29%
26%
24%
46%
32%
27%
NR
NR
NR
50%
53%
54%
61%
55%
38%
50%
50%
36
39
28
31
31
25
27
22
92%
100%
100%
94%
77%
96%
85%
91%
78%
73%
76%
8%
0%
0%
6%
23%
4%
15%
9%
22%
27%
24%
Improve No Change Days Cash on Hand (#)
n=
0-90 days
greater than 365 Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
NR 23
NR 22
NR 17
7
Table II. Results by Asset Size Demand, Originations and Capital II. B. All Medium CDFIs
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
45
38
34
37
41
35
43
40
46
40
34
Decreased
22%
47%
38%
41%
27%
31%
23%
20%
13%
18%
21%
Increased
56%
34%
41%
30%
59%
40%
53%
65%
57%
60%
53%
No Change
22%
18%
21%
30%
15%
29%
23%
15%
30%
23%
26%
45
38
34
37
41
35
43
39
NR
NR
NR
Decreased
40%
26%
26%
43%
44%
29%
19%
15%
NR
NR
NR
Increased
47%
53%
53%
30%
37%
49%
67%
77%
NR
NR
NR
No Change
13%
21%
21%
27%
20%
23%
14%
8%
NR
NR
NR
45
38
34
37
41
35
43
40
46
41
33
Decreased
16%
39%
38%
46%
29%
49%
21%
23%
15%
32%
33%
Increased
51%
39%
53%
35%
44%
26%
42%
63%
65%
39%
48%
No Change
33%
21%
9%
19%
27%
26%
37%
15%
20%
29%
18%
NR
NR
NR
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change Over Previous Year(%)
Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
n=
45
38
34
37
41
35
42
39
33%
26%
44%
46%
39%
37%
21%
23%
NR
NR
NR
Increased
56%
61%
38%
30%
39%
43%
57%
54%
NR
NR
NR
No Change
11%
13%
18%
24%
22%
20%
21%
23%
NR
NR
40
29
31
31
35
24
32
34
38
30
31
Decreased
5%
3%
0%
0%
14%
13%
16%
26%
32%
43%
39%
Increased
48%
38%
35%
61%
34%
33%
25%
18%
11%
20%
16%
No Change
48%
59%
65%
39%
51%
54%
59%
56%
58%
37%
45%
39
30
32
33
34
25
35
32
NR
NR
NR
5%
10%
3%
6%
18%
20%
34%
25%
NR
NR
NR
Increased
44%
43%
56%
55%
50%
40%
31%
25%
NR
NR
NR
No Change
51%
47%
41%
39%
32%
40%
34%
50%
NR
NR
45
37
34
36
41
35
43
40
45
40
34
Decreased
24%
14%
32%
11%
34%
17%
26%
38%
38%
45%
35%
Increased
40%
43%
47%
58%
41%
49%
37%
38%
20%
28%
41%
36%
43%
21%
31%
24%
34%
37%
25%
42%
28%
24%
44
36
34
36
41
35
43
39
NR
NR
NR
Decreased
25%
19%
21%
22%
29%
34%
35%
44%
NR
NR
NR
Increased
61%
58%
62%
50%
44%
46%
40%
41%
NR
NR
NR
No Change
14%
22%
18%
28%
27%
20%
26%
15%
NR
NR
44
38
33
37
41
35
42
40
Both
9%
13%
12%
8%
15%
14%
17%
25%
17%
24%
29%
Debt
5%
3%
6%
5%
2%
9%
14%
13%
15%
20%
21%
Ability to Access Capital (%)
Ability to Access Capital, Change from Previous Year (%) Decreased
Capital Liquidity (%)
n=
n=
n=
n=
No Change Capital Liquidity, Change Over Previous Year(%)
Capital-Constrained (%)
n=
n=
46
41
NR
NR
NR 34
Equity
7%
5%
6%
5%
7%
6%
24%
18%
13%
17%
15%
Neither
80%
79%
76%
81%
76%
71%
45%
45%
54%
39%
35%
8
6
8
6
10
32
NR
NR
NR
NR
NR
Capital Shortfall During the Quarter
n=
Total Capital Shortfall During the Quarter ($ MM)
$ 62.4
$
6.7
$ 23.5
$
4.4
$ 18.1
$ 13.1
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
$
1.1
$
$
0.7
$
$
0.4
NR
NR
NR
NR
NR
Average Cost of Borrowed Capital
n=
7.8 45
37
2.9
1.8
34
37
41
35
43
40
46
41
34
Decreased
9%
8%
9%
11%
17%
9%
19%
13%
17%
17%
12%
Increased
7%
14%
21%
14%
20%
6%
14%
3%
13%
15%
21%
No Change
84%
78%
71%
76%
63%
86%
67%
85%
70%
68%
68%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
8
Table II. Results by Asset Size Portfolio Quality II. B. All Medium CDFIs
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
42
58
42
46
36
34
43
NR
NR
NR
NR
11.4%
10.9%
13.7%
12.0%
15.7%
11.2%
9.0%
NR
NR
NR
NR
42
58
42
46
36
34
43
47
49
41
50
31-60 days
2.1%
3.9%
2.0%
3.0%
6.9%
3.9%
2.4%
2.9%
4.0%
3.7%
3.6%
61-90 days
1.0%
1.5%
0.7%
1.9%
1.9%
2.8%
1.1%
1.5%
1.9%
2.3%
2.2%
90+ days
5.0%
5.4%
6.9%
5.9%
5.8%
6.6%
4.5%
6.3%
7.3%
4.1%
8.8%
Total
8.0%
10.8%
9.6%
10.7%
14.6%
13.3%
8.1%
10.7%
13.2%
10.2%
14.6%
41
58
38
39
31
28
NR
NR
NR
NR
NR
0.3%
0.3%
0.5%
0.8%
1.7%
41
58
38
39
31
3.4%
4.7%
5.3%
7.5%
4.2%
0.0%
NR
NR
NR
NR
42
58
42
46
36
34
43
47
49
41
50
1.3%
0.5%
1.4%
0.6%
1.1%
1.6%
1.3%
1.0%
1.1%
0.5%
2.8%
Average Loan Loss Reserve (%)
n=
Loan Loss Reserve Average Portfolio-at-Risk
Average Non-Accruals (%)
n=
n=
Non-Accruals Average Loans Restructured (%)
n=
Loans Restructured Average Net Charge-Offs (%)
n=
Net Charge-Offs Loan Loss Reserve Ratio (%)
n=
44
36
34
35
41
0.00 28 0.04
35
0.0%
NR
NR
NR
NR
NR
NR
NR
NR
NR
42
40
46
41
34
Decreased
23%
22%
21%
23%
24%
11%
21%
10%
11%
15%
3%
Increased
41%
44%
35%
51%
39%
46%
33%
45%
26%
56%
44%
No Change
36%
33%
44%
26%
37%
43%
45%
45%
63%
29%
53% 34
45
38
34
35
41
35
42
40
45
41
Decreased
Delinquency Rate (%)
44%
45%
44%
37%
41%
34%
24%
20%
36%
20%
3%
Increased
16%
21%
38%
40%
32%
37%
40%
43%
24%
37%
62%
No Change
40%
34%
18%
23%
27%
29%
36%
38%
40%
44%
35%
45
37
35
35
41
35
43
39
NR
NR
NR
Delinquency Rate, Change from Previous Year (%) Decreased
n=
n=
42%
49%
51%
37%
46%
31%
14%
31%
NR
NR
NR
Increased
31%
35%
40%
37%
34%
34%
63%
41%
NR
NR
NR
No Change
27%
16%
9%
26%
20%
34%
23%
28%
NR
NR
NR
44
37
32
34
39
35
43
40
Decreased
18%
19%
25%
24%
13%
17%
9%
3%
7%
7%
3%
Increased
18%
30%
47%
26%
38%
43%
42%
43%
42%
34%
59%
No Change
64%
51%
28%
50%
49%
40%
49%
55%
51%
59%
38%
45
37
33
35
41
35
43
40
46
41
34
Decreased
20%
8%
15%
20%
27%
26%
7%
8%
9%
7%
3%
Increased
20%
27%
27%
17%
22%
31%
40%
28%
48%
46%
56%
No Change
60%
65%
58%
63%
51%
43%
53%
65%
43%
46%
41%
Number of Loans/Investments in Workout (%)
Number of Loans Given Term Extensions (%)
n=
n=
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
45
41
34
9
Table II. Results by Asset Size Outlook II. B. All Medium CDFIs
10Q1
09Q4
09Q3
09Q2
09Q1
45
38
33
37
40
35
42
39
44
40
34
Decrease
2%
8%
0%
3%
3%
3%
10%
3%
5%
8%
12%
Increase
71%
61%
76%
70%
75%
83%
69%
77%
77%
78%
82%
No Change
27%
32%
24%
27%
23%
14%
21%
21%
18%
15%
6%
34
32
31
35
39
35
NR
NR
NR
NR
NR
432
$ 101
NR
NR
NR
NR
NR
$
NR
NR
NR
NR
NR
Expected Demand for Financing(%)
Projected Financing Next Year (if no Capital Constraints)
11Q2 n=
n=
Projected Total Financing Next Year (if no Capital Constraints) (MM) Projected Average Financing Next Year (if no Capital Constraints) (MM) Projected Additional Capital Needed Next Year
11Q1
$ 407
$
$ 12.0
$ 10.0
n=
30
321
10Q4
$
$
313
$
$ 10.4
$
9.0
$ 11.1
32
31
$ 188
$
114
$ 111.2
Projected Average Capital Needed Next Year (MM)
$
$
3.6
$
Expected Change in Portfolio Quality (%)
n=
10Q2
323
Projected Total Capital Needed Next Year (MM)
6.3
10Q3
33
2.9
08Q4
40
NR
NR
NR
NR
NR
NR
$50.5 $ 148.8
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
3.6
$1.5 $
3.7
45
37
34
37
41
35
43
39
46
40
33
2%
5%
12%
0%
15%
6%
16%
23%
28%
30%
45%
Improve
40%
38%
38%
41%
37%
37%
33%
31%
20%
23%
30%
No Change
58%
57%
50%
59%
49%
57%
51%
46%
52%
48%
24%
44
37
35
35
41
35
41
37
15
NR
NR
5%
14%
9%
6%
15%
11%
12%
14%
0%
NR
NR
34%
16%
20%
23%
22%
31%
37%
27%
33%
NR
NR
Deteriorate
Days Cash on Hand (#)
n=
0-90 days 91-180 days 181-365 days
30%
35%
34%
37%
22%
37%
27%
30%
33%
NR
NR
greater than 365
32%
35%
37%
34%
41%
20%
24%
30%
33%
NR
NR
36
37
34
36
41
34
43
38
22
22
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
34
92%
84%
85%
83%
63%
74%
67%
58%
127%
123%
50%
8%
16%
15%
17%
37%
26%
33%
42%
73%
59%
50%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
10
Table II. Results by Asset Size Demand, Originations and Capital II C. All Small CDFIs
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
53
66
51
52
51
46
49
61
61
46
60
Decreased
32%
32%
33%
29%
24%
15%
37%
11%
16%
13%
15%
Increased
43%
41%
41%
42%
45%
57%
27%
48%
62%
61%
73%
No Change
25%
27%
25%
29%
31%
28%
37%
41%
21%
26%
12%
53
66
50
52
48
45
47
60
NR
NR
NR
Decreased
26%
33%
24%
38%
31%
18%
19%
13%
NR
NR
NR
Increased
62%
42%
58%
52%
46%
56%
49%
58%
NR
NR
NR
No Change
11%
24%
18%
10%
23%
27%
32%
28%
NR
NR
NR
53
66
51
52
51
46
49
60
60
47
59
Decreased
28%
45%
27%
35%
24%
30%
31%
22%
18%
26%
22%
Increased
51%
32%
45%
35%
39%
41%
35%
37%
40%
36%
61%
No Change
21%
23%
27%
31%
37%
28%
35%
42%
42%
38%
17%
NR
NR
NR
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change Over Previous Year(%)
Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
n=
53
66
50
52
51
45
49
60
21%
35%
40%
46%
35%
36%
20%
25%
NR
NR
NR
Increased
60%
41%
46%
38%
43%
31%
51%
35%
NR
NR
NR
No Change
19%
24%
14%
15%
22%
33%
29%
40%
NR
NR
46
51
45
40
38
31
33
40
46
35
44
Decreased
15%
20%
7%
20%
13%
16%
27%
30%
39%
37%
36%
Increased
28%
16%
22%
28%
13%
19%
18%
28%
24%
31%
18%
No Change
57%
65%
71%
53%
74%
65%
55%
43%
37%
31%
45%
NR
NR
NR
Ability to Access Capital (%)
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
n=
45
54
44
41
39
37
29
44
22%
15%
18%
15%
21%
16%
31%
39%
NR
NR
NR
Increased
29%
30%
57%
51%
41%
30%
34%
25%
NR
NR
NR
No Change
49%
56%
25%
34%
38%
54%
34%
36%
NR
NR
53
66
52
51
50
45
49
60
61
47
61
Decreased
30%
30%
15%
31%
26%
24%
20%
22%
44%
32%
46%
Increased
32%
24%
33%
43%
30%
33%
29%
30%
26%
32%
23%
38%
45%
52%
25%
44%
42%
51%
48%
30%
36%
31%
53
66
49
51
50
45
48
58
NR
NR
NR
40%
30%
31%
31%
28%
22%
29%
26%
NR
NR
NR
Increased
38%
38%
51%
43%
36%
36%
33%
26%
NR
NR
NR
No Change
23%
32%
18%
25%
36%
42%
38%
48%
NR
NR
53
66
52
52
50
45
48
57
61
47
Both
11%
17%
10%
15%
14%
16%
21%
25%
25%
26%
23%
Debt
4%
9%
2%
6%
0%
2%
10%
9%
8%
9%
10%
Capital Liquidity (%)
n=
NR
n=
No Change Capital Liquidity, Change Over Previous Year(%) Decreased
Capital-Constrained (%)
n=
n=
NR
NR 61
Equity
17%
11%
8%
13%
14%
11%
17%
11%
21%
6%
13%
Neither
68%
64%
81%
65%
72%
71%
52%
56%
46%
60%
54%
13
21
9
16
10
44
NR
NR
NR
NR
NR
Total Capital Shortfall During the Quarter ($ MM)
$ 14.8
$ 20.2
$
7.5
$
6.8
$
9.0
$
3.2
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
$
$
0.8
$
0.4
$
0.9
$
0.1
NR
NR
NR
NR
NR 60
Capital Shortfall During the Quarter
Average Cost of Borrowed Capital
n=
n=
1.1
1.0
52
65
50
51
50
45
47
56
60
46
Decreased
0%
11%
10%
12%
10%
16%
17%
7%
13%
11%
7%
Increased
6%
6%
4%
4%
8%
7%
6%
9%
12%
13%
12%
No Change
94%
83%
86%
84%
82%
78%
77%
84%
75%
76%
82%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
11
Table II. Results by Asset Size Portfolio Quality II C. All Small CDFIs
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
42
58
42
46
36
34
43
NR
NR
NR
NR
11.4%
10.9%
13.7%
12.0%
15.7%
11.2%
9.0%
NR
NR
NR
NR
42
58
42
46
36
34
43
47
49
41
50
31-60 days
2.1%
3.9%
2.0%
3.0%
6.9%
3.9%
2.4%
2.9%
4.0%
3.7%
3.6%
61-90 days
1.0%
1.5%
0.7%
1.9%
1.9%
2.8%
1.1%
1.5%
1.9%
2.3%
2.2%
90+ days
5.0%
5.4%
6.9%
5.9%
5.8%
6.6%
4.5%
6.3%
7.3%
4.1%
8.8%
Total
8.0%
10.8%
9.6%
10.7%
14.6%
13.3%
8.1%
10.7%
13.2%
10.2%
14.6%
41
58
38
39
31
28
NR
NR
NR
NR
NR
0.3%
0.3%
0.5%
0.8%
1.7%
41
58
38
39
31
3.4%
4.7%
5.3%
7.5%
4.2%
0.0%
NR
NR
NR
NR
42
58
42
46
36
34
43
47
49
41
50
1.3%
0.5%
1.4%
0.6%
1.1%
1.6%
1.3%
1.0%
1.1%
0.5%
2.8%
Average Loan Loss Reserve (%)
n=
Loan Loss Reserve Average Portfolio-at-Risk
Average Non-Accruals (%)
n=
n=
Non-Accruals Average Loans Restructured (%)
n=
Loans Restructured Average Net Charge-Offs (%)
n=
Net Charge-Offs Loan Loss Reserve Ratio (%)
n=
49
61
49
48
50
0.00 28 0.04
44
0.0%
NR
NR
NR
NR
NR
NR
NR
NR
NR
48
60
60
46
61
Decreased
22%
16%
22%
29%
14%
16%
19%
13%
10%
2%
15%
Increased
31%
33%
27%
29%
30%
36%
38%
35%
40%
35%
36%
No Change
47%
51%
51%
42%
56%
48%
44%
52%
50%
63%
49%
48
61
49
47
51
46
48
60
60
46
61
Decreased
Delinquency Rate (%)
n=
31%
44%
41%
36%
24%
22%
33%
15%
28%
17%
11%
Increased
25%
10%
29%
30%
29%
33%
29%
33%
30%
26%
41%
No Change
44%
46%
31%
34%
47%
46%
38%
52%
42%
57%
48%
NR
NR
NR
Delinquency Rate, Change from Previous Year n= (%) Decreased
49
61
48
45
50
44
48
59
39%
49%
44%
42%
30%
30%
33%
19%
NR
NR
NR
Increased
22%
18%
40%
38%
38%
52%
44%
41%
NR
NR
NR
No Change
39%
33%
17%
20%
32%
18%
23%
41%
NR
NR
NR
48
62
49
46
50
46
48
61
59
Number of Loans/Investments in Workout (%) Decreased
n=
46
60
13%
8%
16%
20%
6%
7%
6%
10%
10%
4%
3%
Increased
10%
19%
27%
15%
28%
30%
50%
33%
46%
35%
48%
No Change
77%
73%
57%
65%
66%
63%
44%
57%
44%
61%
48%
Number of Loans Given Term Extensions (%) n=
48
60
49
46
50
45
48
59
58
45
60
Decreased
6%
10%
2%
20%
10%
7%
8%
3%
2%
2%
2%
Increased
13%
8%
31%
20%
22%
31%
38%
27%
43%
33%
48%
No Change
81%
82%
67%
61%
68%
62%
54%
69%
55%
64%
50%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
12
Table II. Results by Asset Size Outlook II C. All Small CDFIs
09Q3
09Q2
09Q1
08Q4
50
63
51
50
51
45
49
55
58
44
60
Decrease
0%
2%
6%
14%
0%
4%
6%
7%
3%
2%
3%
Increase
72%
79%
69%
66%
57%
67%
71%
65%
69%
73%
87%
No Change
28%
19%
25%
20%
43%
29%
22%
27%
28%
25%
10%
60
46
44
48
45
NR
NR
NR
NR
NR
Expected Demand for Financing(%)
11Q2 n=
Projected Financing Next Year (if no Capital n= 44 Constraints) Projected Total Financing Next Year (if no Capital $ 187 Constraints) (MM) Projected Average Financing Next Year (if no Capital $ 4.2 Constraints) (MM) Projected Additional Capital Needed Next n= 43 Year
11Q1
$
74
$
104
$
18
NR
NR
NR
NR
NR
$
1.8
$
2.7
$
1.7
$
2.2
$
0.4
NR
NR
NR
NR
NR
60
Projected Average Capital Needed Next Year (MM)
$
$
1.1
Deteriorate
09Q4
123
66
49
10Q1
$
$
n=
10Q2
110
$ 151
Expected Change in Portfolio Quality (%)
10Q3
$
Projected Total Capital Needed Next Year (MM)
3.5
10Q4
62
45 $ 48.8 $
44
48
NR
NR
NR
NR
NR
NR
$35.7 $ 37.3
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
1.1
$0.8 $
0.8
49
50
51
46
49
54
61
44
60
6%
6%
8%
4%
2%
9%
20%
15%
21%
18%
38%
35%
47%
49%
38%
41%
52%
43%
39%
38%
36%
25%
59%
47%
43%
58%
57%
39%
37%
46%
41%
45%
37%
53
65
50
52
50
44
49
50
15
NR
NR
0-90 days
15%
12%
16%
17%
16%
27%
27%
12%
0%
NR
NR
91-180 days
36%
32%
32%
44%
36%
32%
22%
46%
33%
NR
NR
181-365 days
30%
35%
28%
17%
26%
32%
33%
26%
33%
NR
NR
19%
20%
24%
21%
22%
9%
18%
16%
33%
36
60
51
49
48
45
49
53
22
22
Improve No Change Days Cash on Hand (#)
n=
greater than 365 Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
NR
NR 58
92%
85%
82%
84%
90%
73%
76%
68%
173%
118%
67%
8%
15%
18%
16%
10%
27%
24%
32%
91%
77%
33%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
13
Table III. Results by Financing Demand, Originations and Capital III A. All Business
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
39
45
32
35
33
28
32
26
33
33
27
Decreased
28%
40%
28%
37%
24%
14%
28%
8%
15%
12%
4%
Increased
49%
42%
38%
29%
42%
57%
41%
73%
58%
58%
78%
No Change
23%
18%
34%
34%
33%
29%
31%
19%
27%
30%
19%
39
45
32
35
30
28
31
26
NR
NR
NR
Decreased
31%
36%
25%
40%
40%
14%
13%
4%
NR
NR
NR
Increased
59%
33%
59%
40%
37%
61%
68%
77%
NR
NR
NR
No Change
10%
31%
16%
20%
23%
25%
19%
19%
NR
NR
NR
39
45
32
35
33
28
32
26
33
33
27
Decreased
13%
44%
34%
49%
24%
25%
25%
19%
12%
27%
15%
Increased
59%
36%
50%
31%
42%
50%
47%
54%
42%
39%
63%
No Change
28%
20%
16%
20%
33%
25%
28%
27%
45%
33%
22%
NR
NR
NR
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change Over Previous Year(%)
Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
n=
39
45
32
35
33
28
32
26
23%
40%
38%
40%
42%
25%
28%
19%
NR
NR
NR
Increased
67%
40%
50%
43%
45%
50%
56%
46%
NR
NR
NR
No Change
10%
20%
13%
17%
12%
25%
16%
35%
NR
NR
37
34
30
30
30
19
24
23
30
27
20
Decreased
14%
12%
3%
7%
3%
11%
17%
13%
33%
44%
35%
Increased
32%
26%
43%
50%
40%
32%
25%
26%
30%
22%
15%
No Change
54%
62%
53%
43%
57%
58%
58%
61%
37%
33%
50%
NR
NR
NR
Ability to Access Capital (%)
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
n=
37
36
29
32
28
21
24
22
16%
6%
14%
3%
11%
14%
29%
23%
NR
NR
NR
Increased
43%
47%
48%
66%
50%
38%
33%
18%
NR
NR
NR
No Change
41%
47%
38%
31%
39%
48%
38%
59%
NR
NR
39
44
32
35
33
28
32
26
33
33
28
Decreased
33%
20%
13%
17%
30%
14%
16%
27%
27%
45%
43%
Increased
31%
45%
50%
54%
48%
50%
31%
42%
30%
27%
25%
36%
34%
38%
29%
21%
36%
53%
31%
42%
27%
32%
39
43
32
35
33
28
31
26
NR
NR
NR
31%
19%
22%
23%
27%
25%
19%
35%
NR
NR
NR
Increased
51%
53%
56%
51%
42%
43%
35%
46%
NR
NR
NR
No Change
18%
28%
22%
26%
30%
32%
45%
19%
NR
NR
39
44
33
35
32
28
32
25
33
33
28
Both
10%
11%
3%
9%
6%
14%
22%
20%
33%
27%
36%
Debt
5%
7%
3%
9%
0%
4%
9%
20%
3%
9%
7%
Capital Liquidity (%)
n=
NR
n=
No Change Capital Liquidity, Change Over Previous Year(%) Decreased
Capital-Constrained (%)
n=
n=
NR
NR
Equity
8%
16%
6%
0%
13%
7%
22%
8%
9%
9%
11%
Neither
77%
66%
88%
83%
81%
75%
47%
52%
55%
55%
46%
8
13
3
6
4
5
NR
NR
NR
NR
NR
Total Capital Shortfall During the Quarter ($ MM)
$ 11.1
$ 93.0
$
4.3
$
3.1
$
5.8
$
5.4
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
$
$
1.4
$
0.5
$
1.4
$
1.1
NR
NR
NR
NR
NR
33
28
31
26
33
32
27
Capital Shortfall During the Quarter
Average Cost of Borrowed Capital
n=
n=
1.4
7.2
39
44
32
35
Decreased
0%
Increased
13%
14%
6%
20%
9%
14%
16%
12%
21%
13%
0%
14%
22%
14%
21%
7%
3%
8%
18%
13%
15%
No Change
87%
73%
72%
66%
70%
79%
81%
81%
61%
75%
85%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
14
Table III. Results by Financing Portfolio Quality III A. All Business
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
26
31
27
31
30
24
30
NR
NR
NR
NR
10.3%
9.3%
12.2%
10.1%
9.9%
8.8%
9.9%
NR
NR
NR
NR
26
31
27
31
30
24
30
13
20
12
23
31-60 days
1.1%
2.9%
2.0%
3.6%
7.8%
4.3%
1.5%
3.3%
2.5%
7.3%
2.6%
61-90 days
1.2%
1.3%
1.0%
0.7%
1.8%
2.4%
1.4%
2.1%
1.4%
4.4%
1.8%
90+ days
5.4%
5.3%
7.6%
5.1%
3.2%
4.2%
4.0%
5.3%
9.3%
7.0%
7.6%
Total
7.8%
9.5%
10.6%
9.4%
12.7%
10.9%
6.9%
10.6%
13.2%
18.7%
12.0%
26
30
22
25
27
14
0
NR
NR
NR
NR
0.6%
1.2%
1.5%
1.0%
1.1%
26
30
22
25
27
9.0%
2.7%
4.7%
7.8%
4.6%
0.0%
NR
NR
NR
NR
26
31
27
31
30
24
30
13
18
12
23
2.0%
0.8%
1.5%
0.7%
0.5%
0.7%
0.6%
2.4%
1.2%
1.1%
0.9%
Average Loan Loss Reserve (%)
n=
Loan Loss Reserve Average Portfolio-at-Risk
Average Non-Accruals (%)
n=
n=
Non-Accruals Average Loans Restructured (%)
n=
Loans Restructured Average Net Charge-Offs (%)
n=
Net Charge-Offs Loan Loss Reserve Ratio (%)
n=
35
35
31
33
33
0.01 14 0.04
28
0.0%
NR
NR
NR
NR
0
NR
NR
NR
NR
31
26
32
32
27
Decreased
20%
20%
32%
30%
18%
11%
13%
12%
16%
9%
11%
Increased
37%
43%
35%
45%
42%
43%
48%
46%
38%
53%
41%
No Change
43%
37%
32%
24%
39%
46%
39%
42%
47%
38%
48% 27
35
34
31
33
33
28
31
26
32
31
Decreased
Delinquency Rate (%)
n=
43%
38%
55%
36%
27%
25%
19%
23%
38%
9%
4%
Increased
14%
21%
13%
39%
36%
36%
35%
42%
34%
38%
52%
No Change
43%
41%
32%
24%
36%
39%
45%
35%
28%
53%
44%
22
NR
22
Delinquency Rate, Change from Previous Year n= (%) Decreased
35
34
31
32
33
27
31
26
51%
38%
55%
31%
39%
26%
29%
23%
NR
NR
NR
Increased
26%
29%
29%
50%
30%
48%
48%
42%
NR
NR
NR
No Change
23%
32%
16%
19%
30%
26%
23%
35%
NR
NR
NR
35
35
32
31
32
28
32
26
Number of Loans/Investments in Workout (%) Decreased
n=
33
33
28
23%
17%
25%
13%
13%
18%
6%
4%
9%
3%
0%
Increased
26%
23%
25%
23%
38%
43%
53%
35%
55%
45%
50%
No Change
51%
60%
50%
65%
50%
39%
41%
62%
36%
52%
50%
Number of Loans Given Term Extensions (%) n=
35
35
31
32
33
27
31
26
32
32
26
Decreased
6%
11%
16%
13%
21%
19%
10%
4%
6%
0%
4%
Increased
23%
11%
26%
19%
27%
37%
45%
31%
38%
41%
42%
No Change
71%
77%
58%
69%
52%
44%
45%
65%
56%
59%
54%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
15
Table III. Results by Financing Outlook III A. All Business
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
36
35
33
34
33
28
32
26
31
33
28
Decrease
3%
6%
0%
6%
0%
4%
6%
0%
0%
27%
0%
Increase
67%
66%
64%
68%
64%
79%
75%
77%
74%
73%
96%
No Change
31%
29%
36%
26%
36%
18%
19%
23%
26%
30
34
33
31
31
21
NR
NR
NR
NR
NR
453
$ 192
NR
NR
NR
NR
NR
$
NR
NR
NR
NR
NR
Expected Demand for Financing(%)
11Q2 n=
Projected Financing Next Year (if no Capital n= Constraints) Projected Total Financing Next Year (if no Capital Constraints) (MM) Projected Average Financing Next Year (if no Capital Constraints) (MM) Projected Additional Capital Needed Next n= Year
11Q1
$ 397
$
$ 13.2
$ 12.6
29
428
10Q4
$
360
$ 10.9
34
$ 180
$
134
$ 49.3
Projected Average Capital Needed Next Year (MM)
$
$
3.9
$
Expected Change in Portfolio Quality (%)
n=
Deteriorate
36
35
$
425
$ 13.7
32
Projected Total Capital Needed Next Year (MM)
6.2
10Q3
$
$ 14.6
30
7.4
0%
4%
31
NR
NR
NR
NR
NR
NR
$39.1 $ 109.3
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
1.5
$1.3 $
3.5
32
33
33
28
32
26
33
33
27
3%
0%
3%
0%
15%
7%
50%
58%
52%
48%
52%
39%
51%
47%
39%
24%
39%
28%
23%
27%
33%
19%
58%
49%
50%
61%
61%
54%
22%
19%
21%
18%
30%
38
44
33
35
32
28
32
26
22
NR
NR
0-90 days
13%
14%
12%
14%
16%
14%
19%
15%
27%
NR
NR
91-180 days
32%
18%
18%
37%
28%
32%
22%
23%
41%
NR
NR
181-365 days
24%
32%
36%
29%
22%
32%
38%
27%
18%
NR
NR
32%
36%
33%
20%
34%
21%
22%
35%
14%
36
35
33
34
33
28
31
26
32
92%
89%
91%
88%
82%
89%
77%
77%
66%
70%
74%
8%
11%
9%
12%
18%
11%
23%
23%
34%
30%
26%
Improve No Change Days Cash on Hand (%)
n=
greater than 365 Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
NR 33
NR 27
16
Table III. Results by Financing Demand, Originations and Capital III B. All Commercial Real Estate Number of Financing Applications Received (%)
11Q2
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
08Q4
4
4
4
4
3
5
8
Decreased
29%
75%
25%
50%
0%
67%
0%
25%
Increased
57%
0%
25%
0%
100%
33%
20%
No Change
14%
25%
50%
50%
0%
0%
80%
7
4
4
4
4
3
5
8
Decreased
14%
25%
50%
75%
50%
67%
40%
25%
NR
NR
NR
Increased
71%
75%
25%
0%
50%
0%
40%
75%
NR
NR
NR
No Change
14%
0%
25%
25%
0%
33%
20%
0%
NR
NR
NR
7
4
4
4
4
3
5
8
6
2
Decreased
0%
0%
50%
50%
50%
100%
20%
25%
NR
67%
100%
Increased
100%
75%
25%
25%
25%
0%
60%
37%
NR
17%
0%
0%
25%
25%
25%
25%
0%
20%
38%
NR
17%
0%
Number of Loans/Investments Originated (%)
n=
n=
No Change Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
6
2
NR
50%
50%
75%
NR
17%
50%
0%
NR
33%
0%
NR
NR
4
4
4
4
3
5
8
25%
75%
25%
75%
67%
20%
63%
NR
NR
NR
Increased
86%
50%
0%
25%
25%
33%
80%
25%
NR
NR
NR
No Change
14%
25%
25%
50%
0%
0%
0%
13%
NR
NR
NR
5
3
4
4
3
3
4
8
Decreased
0%
0%
0%
0%
33%
33%
25%
50%
NR
Increased
60%
33%
50%
50%
0%
0%
50%
13%
No Change
40%
67%
50%
50%
67%
67%
25%
38%
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
NR
NR
NR
7
n=
NR
NR
0%
Ability to Access Capital (%)
n=
NR
09Q1
7
Number of Financing Applications Received, Change Over Previous Year(%)
n=
11Q1
NR
5
2
80%
0%
NR
0%
50%
NR
20%
50%
NR
NR
6
3
4
4
4
3
4
7
0%
0%
0%
0%
25%
33%
25%
43%
NR NR
NR
NR
Increased
33%
0%
50%
100%
0%
33%
50%
14%
NR
NR
NR
No Change
67%
100%
50%
0%
75%
33%
25%
43%
NR
NR
NR
Capital Liquidity (%)
n=
7
4
4
4
4
3
5
8
Decreased
43%
0%
0%
0%
0%
0%
20%
13%
Increased
43%
25%
50%
50%
0%
0%
40%
50%
14%
75%
50%
50%
100%
100%
40%
38%
7
4
4
4
4
3
5
8
43%
0%
0%
0%
25%
33%
40%
13%
NR
NR
NR
Increased
43%
75%
50%
75%
0%
33%
40%
50%
NR
NR
NR
No Change
14%
25%
50%
25%
75%
33%
20%
38%
NR
NR
NR
7
4
4
4
4
3
5
8
Both
29%
75%
25%
0%
25%
0%
40%
50%
Debt
0%
0%
25%
0%
0%
0%
0%
0%
No Change Capital Liquidity, Change Over Previous Year(%) Decreased
Capital-Constrained (%)
n=
n=
NR
6
2
NR
67%
0%
NR
17%
100%
NR
17%
NR
NR
NR
0% NR
6
2
NR
67%
50%
NR
0%
0%
Equity
14%
0%
0%
0%
25%
0%
20%
0%
NR
0%
50%
Neither
57%
25%
50%
100%
50%
100%
40%
50%
NR
33%
0%
3
1
2
NR
1
NR
NR
NR
NR
NR
NR
$ 31.0
$ 15.0
$ 12.5
NR
$
0.6
NR
NR
NR
NR
NR
NR
$ 10.3
$ 15.0
$
6.3
NR
$
0.6
NR
NR
NR
NR
NR
NR
7
4
4
4
4
3
5
8
NR
6
2
Decreased
14%
25%
0%
25%
0%
33%
20%
0%
NR
33%
0%
Increased
0%
0%
50%
0%
0%
0%
0%
13%
NR
33%
50%
No Change
86%
75%
50%
75%
100%
67%
80%
88%
NR
33%
50%
Projected Financing Next Quarter (if no n= Capital Constraints) Projected Total Financing Next Quarter (if no Capital Constraints) (MM) Projected Average Financing Next Quarter (if no Capital Constraints) (MM) Average Cost of Borrowed Capital
n=
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
17
Table III. Results by Financing Portfolio Quality III B. All Commercial Real Estate
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
6
4
3
3
4
3
4
NR
NR
NR
NR
5.0%
4.6%
14.3%
4.9%
5.7%
4.2%
5.5%
NR
NR
NR
NR
6
4
3
3
4
3
4
13
20
12
1
31-60 days
0.8%
6.4%
4.9%
0.9%
1.9%
3.0%
0.6%
3.3%
2.5%
7.3%
0.8%
61-90 days
0.1%
1.2%
0.0%
0.5%
1.3%
0.9%
0.9%
2.1%
1.4%
4.4%
1.2%
90+ days
3.5%
4.8%
4.1%
0.6%
2.1%
5.7%
6.4%
5.3%
9.3%
7.0%
1.1%
Total
4.5%
12.4%
9.0%
2.0%
5.3%
9.7%
7.9%
10.6%
13.2%
18.7%
3.1%
6
4
2
3
4
2
0
NR
NR
NR
NR
1.2%
0.3%
2.5%
0.5%
1.2%
6
4
2
3
4
1.7%
3.1%
5.7%
0.0%
2.6%
0.0%
NR
6
4
3
3
4
3
4
13
0.0%
1.2%
0.0%
0.4%
0.1%
0.1%
1.1%
2.4%
1.2%
Average Loan Loss Reserve (%)
n=
Loan Loss Reserve Average Portfolio-at-Risk
Average Non-Accruals (%)
n=
n=
Non-Accruals Average Loans Restructured (%)
n=
Loans Restructured Average Net Charge-Offs (%)
n=
Net Charge-Offs Loan Loss Reserve Ratio (%)
n=
7
4
Decreased
14%
0%
Increased
57%
No Change
29%
Delinquency Rate (%)
n=
4
4
25%
0%
25%
0%
75%
75%
4
0.01 2 0.04
3
0.0%
NR
NR
NR
NR
0
NR
NR
NR
NR
NR
NR
NR
18
12
1
1.1%
0.3%
5
8
NR
6
2
25%
0%
20%
13%
NR
33%
0%
50%
0%
33%
20%
63%
NR
17%
100%
50%
75%
67%
60%
25%
NR
50%
0%
7
4
4
4
4
3
5
17
6
2
Decreased
43%
50%
25%
50%
0%
33%
20%
13%
NR NR
50%
0%
Increased
14%
50%
50%
0%
50%
33%
20%
63%
NR
17%
100%
No Change
43%
0%
25%
50%
50%
33%
60%
25%
NR
33%
0%
5
17
Delinquency Rate, Change from Previous Year n= (%) Decreased
7
4
4
4
4
3
43%
50%
25%
50%
75%
33%
0%
13%
NR
NR
NR
Increased
43%
50%
50%
0%
25%
33%
20%
75%
NR
NR
NR
No Change
14%
0%
25%
50%
0%
33%
80%
13%
NR
NR
NR
7
4
3
4
4
3
5
17
6
2
Number of Loans/Investments in Workout (%) Decreased
n=
NR
NR
NR
NR
14%
25%
33%
0%
0%
33%
0%
0%
NR
0%
0%
Increased
29%
25%
33%
0%
25%
33%
40%
63%
NR
67%
100%
No Change
57%
50%
33%
100%
75%
33%
60%
33%
NR
33%
0%
6
4
3
4
4
2
5
17
6
2
Decreased
0%
0%
0%
0%
25%
50%
0%
0%
NR
0%
0%
Increased
17%
0%
67%
25%
0%
50%
40%
38%
NR
17%
50%
No Change
83%
100%
33%
75%
75%
0%
60%
63%
NR
83%
50%
Number of Loans Given Term Extensions (%) n=
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
NR
18
Table III. Results by Financing Outlook III B. All Commercial Real Estate Expected Demand for Financing(%)
11Q2 n=
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
08Q4
4
3
4
4
3
5
8
Decrease
0%
0%
0%
0%
0%
0%
0%
13%
Increase
71%
100%
67%
25%
75%
67%
40%
63%
No Change
29%
0%
33%
75%
25%
33%
60%
25%
5
3
3
2
4
3
NR
NR
NR
NR
NR
35
NR
NR
NR
NR
NR
$ 11.5
NR
NR
NR
NR
NR
Projected Financing Next Year (if no Capital n= Constraints) Projected Total Financing Next Year (if no Capital Constraints) (MM) Projected Average Financing Next Year (if no Capital Constraints) (MM) Projected Additional Capital Needed Next n= Year
$ 174
$
$ 34.8
$ 19.8
5
59
3
$
95
$ 31.7
$
59
$ 29.5
3
$
82
$ 20.5
$
NR
09Q1
7
6
2
NR
0%
0%
NR
67%
100%
NR
33%
0%
2
4
NR
NR
NR
NR
NR
NR
Projected Total Capital Needed Next Year (MM)
$
40
$
27
$ 45.5
$6.0 $
5.5
NR
NR
NR
NR
NR
NR
Projected Average Capital Needed Next Year (MM)
$
8.0
$
9.1
$ 15.2
$3.0 $
1.4
NR
NR
NR
NR
NR
NR
4
4
4
4
3
5
8
NR
6
2
Expected Change in Portfolio Quality (%)
n=
7
Deteriorate
14%
0%
0%
25%
0%
0%
20%
38%
NR
0%
100%
Improve
57%
75%
75%
25%
25%
33%
0%
38%
NR
33%
0%
29%
25%
25%
50%
75%
67%
80%
25%
NR
67%
7
4
4
4
4
3
5
7
0-90 days
0%
0%
0%
0%
0%
0%
0%
0%
NR
NR
NR
91-180 days
0%
0%
0%
25%
0%
0%
20%
29%
NR
NR
NR
181-365 days
57%
50%
50%
0%
50%
67%
0%
43%
NR
NR
NR
43%
50%
50%
75%
50%
33%
80%
29%
NR
NR
NR
36
4
4
4
4
3
5
7
6
1
No Change Days Cash on Hand (%)
n=
greater than 365 Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
NR
NR
NR
0% NR
92%
100%
75%
75%
75%
100%
80%
43%
NR
33%
0%
8%
0%
25%
25%
25%
0%
20%
57%
NR
67%
100%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
19
Table III. Results by Financing Demand, Originations and Capital III C. All Community Services/Facilities Number of Financing Applications Received (%)
11Q2
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
7
9
7
7
6
7
7
5
14
9
7
Decreased
14%
33%
43%
14%
50%
14%
29%
20%
14%
0%
0%
Increased
43%
22%
43%
86%
17%
43%
57%
48%
50%
67%
86%
No Change
43%
44%
14%
0%
33%
43%
14%
40%
36%
33%
14%
7
9
7
7
6
7
7
5
NR
NR
NR
Decreased
57%
44%
29%
43%
33%
14%
29%
20%
NR
NR
NR
Increased
29%
22%
71%
29%
33%
71%
43%
60%
NR
NR
NR
No Change
14%
33%
0%
29%
33%
14%
29%
20%
NR
NR
NR
7
9
7
7
6
7
7
5
9
7
43%
44%
43%
29%
17%
57%
29%
20%
7%
33%
14%
Increased
0%
22%
43%
57%
33%
29%
29%
80%
71%
11%
43%
No Change
57%
33%
14%
14%
50%
14%
43%
0%
21%
56%
43%
NR
NR
NR
Number of Financing Applications Received, Change Over Previous Year(%)
Number of Loans/Investments Originated (%)
n=
11Q1
n=
n=
Decreased
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
7
9
7
7
6
7
7
5
43%
33%
29%
43%
50%
71%
14%
0%
NR
NR
NR
Increased
14%
44%
57%
57%
50%
29%
57%
80%
NR
NR
NR
No Change
43%
22%
14%
0%
0%
0%
29%
20%
NR
NR
NR
6
8
7
6
5
7
6
5
13
7
5
Decreased
0%
38%
14%
0%
20%
14%
0%
0%
38%
29%
40%
Increased
83%
25%
29%
17%
40%
14%
17%
0%
8%
0%
0%
No Change
17%
38%
57%
83%
40%
71%
83%
100%
54%
71%
60%
NR
NR
NR
Ability to Access Capital (%)
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
14
n=
7
8
7
7
6
7
7
5
0%
25%
14%
29%
17%
14%
14%
0%
NR
NR
NR
Increased
86%
25%
43%
43%
50%
29%
14%
40%
NR
NR
NR
No Change
14%
50%
43%
29%
33%
57%
71%
60%
NR
NR
NR
7
9
7
7
6
7
7
5
14
9
7
Decreased
0%
44%
29%
29%
33%
29%
29%
60%
29%
22%
43%
Increased
57%
11%
43%
43%
17%
29%
43%
0%
14%
0%
14%
43%
44%
29%
29%
50%
43%
29%
40%
57%
78%
43%
7
9
7
7
6
7
7
5
NR
NR
NR
14%
44%
29%
29%
17%
43%
43%
20%
NR
NR
NR
Increased
71%
33%
71%
71%
50%
29%
29%
40%
NR
NR
NR
No Change
14%
22%
0%
0%
33%
29%
29%
40%
NR
NR
NR
7
9
7
7
6
7
7
5
14
9
7
Both
14%
11%
29%
14%
17%
29%
14%
0%
14%
0%
29%
Debt
29%
11%
0%
14%
0%
29%
14%
20%
21%
22%
14%
Capital Liquidity (%)
n=
n=
No Change Capital Liquidity, Change Over Previous Year(%) Decreased
Capital-Constrained (%)
n=
n=
Equity
14%
11%
14%
14%
17%
0%
14%
20%
0%
0%
0%
Neither
43%
67%
57%
57%
67%
43%
57%
60%
64%
78%
57%
3
3
3
3
2
7
NR
NR
NR
NR
NR
Total Capital Shortfall During the Quarter ($ MM)
$ 21.0
$ 22.1
$ 12.0
$
6.0
$ 15.0
$
8.3
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
$
$
$
2.0
$
$
1.1
NR
NR
NR
NR
NR
5
7
7
5
14
9
7
Capital Shortfall During the Quarter
Average Cost of Borrowed Capital
n=
7.4
4.0
9
7
Decreased
0%
0%
0%
0%
0%
29%
57%
0%
21%
22%
43%
Increased
0%
0%
0%
29%
60%
0%
29%
20%
14%
22%
14%
100%
100%
100%
71%
40%
71%
14%
80%
64%
56%
43%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
7
7.5
7
No Change
n=
7.0
20
Table III. Results by Financing Portfolio Quality III C. All Community Services/Facilities
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
3
9
6
6
5
5
5
NR
NR
NR
NR
5.0%
5.6%
7.3%
6.3%
6.2%
6.1%
8.5%
NR
NR
NR
NR
3
9
6
6
5
5
5
13
20
12
6
31-60 days
1.0%
6.1%
1.6%
2.2%
1.6%
0.4%
3.9%
3.3%
2.5%
7.3%
1.2%
61-90 days
2.7%
2.9%
0.2%
0.2%
0.9%
1.1%
2.9%
2.1%
1.4%
4.4%
0.1%
90+ days
7.3%
1.5%
3.8%
4.3%
5.5%
3.1%
5.1%
5.3%
9.3%
7.0%
6.4%
11.0%
10.4%
5.6%
6.7%
8.0%
4.6%
11.8%
10.6%
13.2%
18.7%
7.6%
3
9
6
4
4
4
0
NR
NR
NR
NR
1.2%
0.4%
2.1%
0.9%
0.6%
3
9
6
4
4
3.9%
7.6%
1.7%
7.5%
3.5%
0.0%
NR
3
9
6
6
5
5
5
13
0.1%
0.1%
1.2%
0.6%
0.0%
0.1%
0.0%
2.4%
1.2%
Average Loan Loss Reserve (%)
n=
Loan Loss Reserve Average Portfolio-at-Risk
n=
Total Average Non-Accruals (%)
n=
Non-Accruals Average Loans Restructured (%)
n=
Loans Restructured Average Net Charge-Offs (%)
n=
Net Charge-Offs Loan Loss Reserve Ratio (%)
n=
7
9
7
7
6
0.01 4 0.06
7
0.0%
NR
NR
NR
NR
0
NR
NR
NR
NR
NR
NR
NR
18
12
6
1.1%
0.4%
7
5
14
9
7
Decreased
14%
22%
43%
29%
17%
0%
0%
0%
14%
11%
14%
Increased
14%
11%
29%
57%
33%
29%
14%
40%
21%
56%
29%
No Change
71%
67%
29%
14%
50%
71%
86%
60%
64%
33%
57%
7
9
7
7
6
7
7
5
14
9
7
Decreased
Delinquency Rate (%)
n=
43%
0%
71%
43%
33%
14%
29%
40%
14%
22%
0%
Increased
14%
56%
14%
43%
50%
57%
57%
60%
29%
11%
43%
No Change
43%
44%
14%
14%
17%
29%
14%
0%
57%
67%
57%
5
NR
NR
NR
Delinquency Rate, Change from Previous Year n= (%) Decreased
7
9
7
7
6
7
7
43%
33%
71%
43%
50%
43%
29%
0%
NR
NR
NR
Increased
43%
56%
14%
57%
33%
29%
71%
100%
NR
NR
NR
No Change
14%
11%
14%
0%
17%
29%
0%
0%
NR
NR
NR
7
9
7
7
6
7
7
5
9
7
Number of Loans/Investments in Workout (%) Decreased
n=
14
43%
0%
0%
0%
0%
0%
14%
0%
7%
0%
0%
Increased
0%
33%
29%
14%
67%
43%
14%
80%
14%
22%
71%
No Change
57%
67%
71%
86%
33%
57%
71%
20%
79%
78%
29%
7
9
7
7
6
7
6
5
14
9
7
Decreased
29%
0%
14%
29%
0%
0%
0%
20%
7%
0%
0%
Increased
0%
0%
14%
0%
33%
0%
17%
40%
29%
11%
57%
No Change
71%
100%
71%
71%
67%
100%
83%
40%
64%
89%
43%
Number of Loans Given Term Extensions (%) n=
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
21
Table III. Results by Financing Outlook III C. All Community Services/Facilities Expected Demand for Financing(%)
11Q2 n=
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
7
9
7
7
6
7
7
5
14
9
7
Decrease
0%
11%
0%
0%
0%
0%
0%
0%
21%
11%
14%
Increase
71%
56%
71%
43%
83%
100%
86%
60%
79%
56%
86%
No Change
29%
33%
29%
57%
17%
0%
14%
40%
0%
33%
4
8
7
6
6
21
NR
NR
NR
NR
NR
300
$ 192
NR
NR
NR
NR
NR
$
NR
NR
NR
NR
NR
Projected Financing Next Year (if no Capital n= Constraints) Projected Total Financing Next Year (if no Capital Constraints) (MM) Projected Average Financing Next Year (if no Capital Constraints) (MM) Projected Additional Capital Needed Next n= Year
$ 278
$
$ 69.5
$ 51.8
3
Projected Total Capital Needed Next Year (MM)
$
Projected Average Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
n=
Deteriorate
55
415
5 $
$
394
$ 56.3
$
302
$ 50.3
6
5
$
$ 50.0
7.4
0%
6
NR
NR
NR
NR
NR
NR
86
$ 65.0
$80.5 $ 154.0
NR
NR
NR
NR
NR
NR
$ 18.3
$ 17.2
$ 10.8
$16.1 $ 25.7
NR
NR
NR
NR
NR
NR
7
9
7
7
6
7
7
5
14
9
7
0%
11%
0%
14%
33%
43%
29%
40%
29%
11%
57%
14%
22%
29%
14%
17%
0%
29%
20%
29%
0%
14%
86%
67%
71%
71%
50%
57%
43%
40%
43%
89%
29%
7
9
7
7
5
7
7
5
8
NR
NR
0%
22%
0%
0%
20%
0%
0%
0%
0%
NR
91-180 days
29%
22%
43%
43%
40%
57%
43%
40%
50%
NR
NR
181-365 days
14%
11%
14%
0%
20%
0%
43%
20%
13%
NR
NR
57%
44%
43%
57%
20%
43%
14%
40%
38%
NR
NR
36
9
7
7
6
7
7
5
13
8
7
Improve No Change Days Cash on Hand (%)
n=
0-90 days
greater than 365 Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
NR
92%
78%
86%
100%
83%
71%
43%
80%
92%
75%
71%
8%
22%
14%
0%
17%
29%
57%
20%
8%
25%
29%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
22
Table III. Results by Financing Demand, Originations and Capital III D. All Consumer
11Q2
11Q1
10Q2
10Q1
09Q4
09Q3
11
13
6
7
10
11
10
14
Decreased
18%
15%
50%
43%
20%
36%
30%
0%
25%
NR
67%
Increased
64%
No Change
18%
54%
33%
29%
60%
27%
20%
50%
38%
NR
17%
31%
17%
29%
20%
36%
50%
50%
38%
NR
17%
11
13
6
7
10
11
9
14
NR
Decreased
18%
23%
50%
57%
30%
36%
44%
21%
NR
NR
NR
Increased
55%
54%
0%
43%
60%
45%
44%
57%
NR
NR
NR
No Change
27%
23%
50%
0%
10%
18%
11%
21%
NR
NR
NR
11
13
6
7
10
11
10
14
8
Decreased
27%
38%
33%
29%
20%
36%
40%
21%
38%
NR
80%
Increased
64%
46%
50%
29%
50%
27%
30%
50%
25%
NR
20%
No Change
9%
15%
17%
43%
30%
36%
30%
29%
38%
NR
0%
NR
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change Over Previous Year(%)
Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
n=
10Q3
09Q2 8
09Q1 NR
NR
NR
6
NR
5
11
13
6
7
10
11
9
14
46%
50%
57%
30%
36%
33%
36%
NR
NR
NR
Increased
64%
54%
17%
43%
60%
36%
56%
36%
NR
NR
NR
No Change
18%
0%
33%
0%
10%
27%
11%
28%
NR
NR
NR
6
7
5
4
5
3
6
5
4
Decreased
0%
14%
0%
0%
20%
33%
50%
20%
25%
NR
0%
Increased
33%
14%
20%
25%
20%
0%
17%
40%
0%
NR
33%
No Change
67%
71%
80%
75%
60%
67%
33%
40%
75%
NR
67%
NR
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
NR
3
8
7
3
4
5
5
4
6
0%
0%
0%
20%
20%
25%
17%
NR
NR
NR
Increased
25%
29%
67%
25%
40%
20%
50%
50%
NR
NR
NR
No Change
63%
71%
33%
75%
40%
60%
25%
33%
NR
NR
NR
11
13
6
7
10
11
10
14
8
Decreased
0%
15%
17%
0%
20%
27%
10%
21%
38%
NR
33%
Increased
45%
31%
50%
86%
10%
9%
40%
0%
38%
NR
33%
55%
54%
33%
14%
70%
64%
50%
79%
25%
NR
33%
11
13
5
7
10
11
10
14
NR
9%
23%
20%
14%
10%
18%
20%
29%
NR
NR
NR
Increased
55%
38%
60%
43%
30%
0%
40%
21%
NR
NR
NR
No Change
36%
38%
20%
43%
60%
82%
40%
50%
NR
NR
NR
10
13
6
7
10
10
9
14
8
Both
0%
8%
0%
14%
10%
10%
0%
0%
0%
NR
17%
Debt
0%
0%
0%
0%
0%
0%
0%
0%
0%
NR
0%
n=
No Change Capital Liquidity, Change Over Previous Year(%) Decreased
Capital-Constrained (%)
n=
n=
NR
NR
13%
Capital Liquidity (%)
n=
NR
08Q4
18%
Ability to Access Capital (%)
n=
10Q4
NR
NR
NR
NR
6
NR
6
Equity
30%
8%
17%
14%
20%
10%
33%
14%
38%
NR
17%
Neither
70%
85%
83%
71%
70%
80%
67%
86%
63%
NR
67%
2
2
1
1
5
NR
NR
NR
NR
NR
Capital Shortfall During the Quarter
n=
-
Total Capital Shortfall During the Quarter ($ MM)
$
0.1
$
0.2
$
-
$
-
$
0.0
$
5.4
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
0.1
$
0.1
$
-
$
-
$
0.0
$
1.1
NR
NR
NR
NR
NR
11
10
11
8
NR
6
Average Cost of Borrowed Capital
n=
11
12
6
7
8
Decreased
0%
8%
0%
14%
13%
0%
20%
0%
13%
NR
Increased
0%
17%
0%
0%
0%
0%
0%
0%
0%
NR
0%
100%
75%
100%
86%
88%
100%
80%
100%
88%
NR
83%
No Change
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
17%
23
Table III. Results by Financing Portfolio Quality III D. All Consumer
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
9
13
5
6
7
8
9
NR
NR
NR
NR
4.4%
4.3%
2.6%
1.7%
7.1%
2.2%
2.7%
NR
NR
NR
NR
9
13
5
6
7
8
9
13
20
12
1
31-60 days
1.3%
1.7%
4.1%
4.4%
1.5%
4.4%
4.1%
3.3%
2.5%
7.3%
10.5%
61-90 days
2.0%
1.0%
1.9%
1.9%
1.0%
3.7%
1.4%
2.1%
1.4%
4.4%
5.7%
90+ days
0.4%
1.7%
3.1%
1.8%
3.5%
2.5%
1.4%
5.3%
9.3%
7.0%
7.8%
Total
3.7%
4.4%
9.0%
8.2%
6.1%
10.5%
6.9%
10.6%
13.2%
18.7%
24.0%
8
13
2
3
5
7
0
NR
NR
NR
NR
0.0%
0.1%
0.0%
0.0%
0.0%
8
13
2
3
5
0.3%
4.0%
0.0%
0.3%
0.0%
0.0%
NR
9
13
5
6
7
8
9
13
0.2%
0.2%
0.9%
0.6%
1.5%
0.4%
2.2%
2.4%
1.2%
Average Loan Loss Reserve (%)
n=
Loan Loss Reserve Average Portfolio-at-Risk
Average Non-Accruals (%)
n=
n=
Non-Accruals Average Loans Restructured (%)
n=
Loans Restructured Average Net Charge-Offs (%)
n=
Net Charge-Offs Loan Loss Reserve Ratio (%)
n=
11
12
5
6
7 0.03
0.0%
NR
NR
NR
NR
0
NR
NR
NR
NR
NR
NR
NR
18
12
1
1.1%
3.3%
10
11
10
14
8
NR
6
Decreased
27%
58%
0%
0%
20%
9%
10%
29%
13%
NR
17%
Increased
45%
33%
60%
83%
40%
36%
40%
36%
50%
NR
67%
No Change
27%
8%
40%
17%
40%
55%
50%
36%
38%
NR
17%
11
12
5
6
10
11
10
14
8
Decreased
Delinquency Rate (%)
n=
45%
58%
20%
0%
30%
27%
30%
21%
25%
NR NR
17%
6
Increased
18%
25%
60%
67%
20%
36%
30%
36%
13%
NR
50%
No Change
36%
17%
20%
33%
50%
36%
40%
43%
63%
NR
33%
6
10
11
10
14
NR
Delinquency Rate, Change from Previous Year n= (%) Decreased
11
12
5
55%
58%
40%
0%
20%
18%
20%
21%
NR
NR
NR
Increased
36%
25%
60%
100%
40%
45%
60%
35%
NR
NR
NR
No Change
9%
17%
0%
0%
40%
36%
20%
43%
NR
NR
NR
9
12
5
6
10
11
9
14
7
Number of Loans/Investments in Workout (%) Decreased
n=
NR
NR
NR
6
0%
0%
0%
0%
0%
0%
0%
14%
14%
NR
17%
Increased
22%
33%
40%
17%
20%
9%
44%
43%
57%
NR
50%
No Change
78%
67%
60%
83%
80%
91%
56%
14%
29%
NR
33%
Number of Loans Given Term Extensions (%) n=
11
12
5
6
10
11
10
14
8
NR
6
Decreased
9%
0%
0%
0%
0%
0%
0%
7%
0%
NR
0%
Increased
18%
33%
0%
33%
20%
27%
60%
29%
63%
NR
67%
No Change
73%
67%
100%
67%
80%
73%
40%
64%
38%
NR
33%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
24
Table III. Results by Financing Outlook III D. All Consumer Expected Demand for Financing(%)
11Q2 n=
11Q1
10Q1
09Q4
09Q3
09Q2
10
10
10
14
7
17%
0%
0%
0%
14%
0%
NR
0%
60%
50%
70%
50%
50%
36%
29%
NR
60%
42%
40%
33%
30%
50%
50%
50%
71%
NR
40%
12
2
5
9
7
NR
NR
NR
NR
NR
10
12
Decrease
0%
Increase No Change
10Q4
10Q3
10Q2
5
6
8%
0%
60%
50%
40%
Projected Financing Next Year (if no Capital n= 6 Constraints) Projected Total Financing Next Year (if no Capital $ 70 Constraints) (MM) Projected Average Financing Next Year (if no Capital $ 11.7 Constraints) (MM) Projected Additional Capital Needed Next n= 6 Year
$
127
$
3
$
13
$ 10.5
$
1.3
$
2.5
12
$
09Q1 NR
08Q4 5
136
$
4
NR
NR
NR
NR
NR
$ 15.1
$
0.6
NR
NR
NR
NR
NR
2
4
10
NR
NR
NR
NR
NR
NR
Projected Total Capital Needed Next Year (MM)
$
7
$
5
$
0.7
$1.7 $
0.7
NR
NR
NR
NR
NR
NR
Projected Average Capital Needed Next Year (MM)
$
1.1
$
0.4
$
0.4
$0.4 $
0.1
NR
NR
NR
NR
NR
NR
Expected Change in Portfolio Quality (%)
n=
Deteriorate
11
12
4
6
10
11
10
14
8
NR
5
0%
8%
0%
0%
10%
0%
0%
0%
13%
NR
40%
55%
58%
50%
17%
40%
45%
60%
43%
38%
NR
0%
45%
33%
50%
83%
50%
55%
40%
57%
50%
NR
60%
11
12
6
6
10
10
10
12
5
0-90 days
27%
25%
17%
17%
10%
20%
40%
8%
80%
NR
NR
91-180 days
36%
33%
17%
17%
40%
30%
0%
58%
0%
NR
NR
181-365 days
18%
17%
17%
17%
10%
30%
20%
0%
0%
NR
NR
18%
25%
50%
50%
40%
20%
40%
33%
20%
NR
NR
36
11
5
6
10
9
10
14
6
92%
91%
80%
67%
90%
78%
90%
64%
17%
NR
33%
8%
9%
20%
33%
10%
22%
10%
36%
83%
NR
67%
Improve No Change Days Cash on Hand (%)
n=
greater than 365 Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
NR
NR
NR
6
25
Table III. Results by Financing Demand, Originations and Capital III E. All Housing to Individuals
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
17
19
18
17
16
13
15
17
19
13
17
Decreased
35%
21%
44%
35%
38%
31%
33%
29%
16%
23%
35%
Increased
41%
47%
33%
29%
50%
38%
40%
41%
63%
62%
47%
No Change
24%
32%
22%
35%
13%
31%
27%
29%
21%
15%
18%
17
19
17
17
16
12
14
17
NR
NR
NR
Decreased
35%
26%
35%
59%
50%
17%
21%
18%
NR
NR
NR
Increased
47%
47%
41%
12%
25%
42%
43%
59%
NR
NR
NR
No Change
18%
26%
24%
29%
25%
42%
36%
24%
NR
NR
NR
17
19
18
17
16
13
15
16
18
13
18
Decreased
35%
26%
44%
47%
31%
46%
27%
31%
22%
38%
28%
Increased
47%
37%
39%
18%
50%
23%
27%
44%
39%
46%
50%
No Change
18%
37%
17%
35%
19%
31%
47%
25%
39%
15%
22%
NR
NR
NR
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change Over Previous Year(%)
Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
n=
17
19
17
17
16
12
15
17
29%
37%
53%
53%
50%
25%
27%
29%
NR
NR
NR
Increased
47%
47%
29%
6%
19%
25%
27%
53%
NR
NR
NR
No Change
24%
16%
18%
41%
31%
50%
47%
18%
NR
NR
12
16
16
14
12
10
12
14
11
11
14
Decreased
17%
6%
13%
14%
17%
10%
0%
43%
45%
55%
64%
Increased
17%
13%
6%
50%
25%
30%
25%
21%
9%
18%
7%
No Change
67%
81%
81%
36%
58%
60%
75%
36%
45%
27%
29%
NR
NR
NR
Ability to Access Capital (%)
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
n=
13
16
15
14
12
11
12
16
31%
19%
7%
14%
17%
0%
8%
44%
NR
NR
NR
Increased
15%
19%
40%
36%
42%
45%
25%
19%
NR
NR
NR
No Change
54%
63%
53%
50%
42%
55%
67%
38%
NR
NR
16
18
18
17
16
13
15
17
18
13
18
Decreased
19%
17%
17%
29%
25%
8%
13%
35%
39%
46%
56%
Increased
31%
17%
17%
41%
19%
31%
40%
29%
17%
23%
28%
50%
67%
67%
29%
56%
62%
47%
35%
44%
31%
17%
17
18
17
16
16
12
15
17
NR
NR
NR
35%
11%
29%
31%
31%
17%
33%
35%
NR
NR
NR
Increased
35%
28%
41%
25%
25%
33%
40%
35%
NR
NR
NR
No Change
29%
61%
29%
44%
44%
50%
27%
29%
NR
NR
17
18
17
17
15
13
14
17
Capital Liquidity (%)
n=
NR
n=
No Change Capital Liquidity, Change Over Previous Year(%) Decreased
Capital-Constrained (%)
n=
n=
19
13
NR
NR 18
Both
0%
0%
12%
6%
0%
23%
29%
35%
21%
23%
22%
Debt
6%
6%
0%
6%
13%
8%
14%
12%
16%
23%
39%
Equity
18%
6%
6%
12%
13%
8%
14%
18%
32%
15%
0%
Neither
76%
89%
82%
76%
73%
62%
43%
35%
32%
38%
39%
4
3
3
4
3
2
NR
NR
NR
NR
NR
Capital Shortfall During the Quarter
n=
Total Capital Shortfall During the Quarter ($ MM)
$
1.0
$ 20.2
$
1.5
$ 11.8
$ 15.0
$
4.4
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
0.3
$
$
0.5
$
$
$
2.2
NR
NR
NR
NR
NR
11
15
17
18
13
17
Average Cost of Borrowed Capital
n=
6.7
16
18
Decreased
13%
Increased
13%
No Change
75%
2.9
5.0
18
17
16
11%
6%
18%
25%
9%
20%
0%
6%
31%
12%
0%
11%
0%
6%
18%
13%
6%
11%
8%
18%
89%
83%
82%
69%
73%
67%
94%
83%
62%
71%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
26
Table III. Results by Financing Portfolio Quality III E. All Housing to Individuals
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
15
15
14
15
13
11
12
NR
NR
NR
NR
5.9%
6.0%
8.9%
7.1%
5.6%
4.3%
3.4%
NR
NR
NR
NR
15
15
14
15
13
11
12
13
20
12
15
31-60 days
3.5%
4.1%
3.5%
2.9%
4.3%
4.6%
2.7%
3.3%
2.5%
7.3%
4.3%
61-90 days
0.5%
0.8%
1.3%
1.2%
1.9%
3.7%
1.5%
2.1%
1.4%
4.4%
3.0%
90+ days
3.4%
4.9%
8.7%
5.4%
6.2%
6.0%
4.6%
5.3%
9.3%
7.0%
5.4%
Total
7.4%
9.7%
13.4%
9.6%
12.4%
14.3%
8.8%
10.6%
13.2%
18.7%
12.7%
15
15
9
14
10
7
0
NR
NR
NR
NR
0.1%
27.8%
0.2%
0.0%
0.0%
15
15
9
14
10
0.3%
0.3%
2.0%
1.9%
1.0%
0.0%
NR
NR
NR
NR
15
15
14
15
13
11
12
13
18
12
15
0.2%
0.5%
0.7%
0.4%
0.7%
2.0%
0.5%
2.4%
1.2%
1.1%
1.7%
Average Loan Loss Reserve (%)
n=
Loan Loss Reserve Average Portfolio-at-Risk
Average Non-Accruals (%)
n=
n=
Non-Accruals Average Loans Restructured (%)
n=
Loans Restructured Average Net Charge-Offs (%)
n=
Net Charge-Offs Loan Loss Reserve Ratio (%)
n=
17
17
18
16
0.00 7 0.01
0.0%
NR
NR
NR
NR
0
NR
NR
NR
NR
16
13
15
17
19
13
18
Decreased
12%
24%
22%
38%
25%
8%
7%
12%
0%
8%
11%
Increased
35%
29%
22%
31%
38%
38%
33%
24%
21%
46%
22%
No Change
53%
47%
56%
31%
38%
54%
60%
65%
79%
46%
67% 18
17
17
18
15
16
13
15
17
18
13
Decreased
Delinquency Rate (%)
n=
41%
47%
50%
27%
31%
15%
20%
18%
17%
38%
6%
Increased
24%
18%
33%
27%
50%
62%
47%
47%
39%
46%
61%
No Change
35%
35%
17%
47%
19%
23%
33%
35%
44%
15%
33%
NR
NR
NR
Delinquency Rate, Change from Previous Year n= (%) Decreased
17
16
18
15
16
12
15
17
35%
63%
33%
27%
31%
17%
13%
29%
NR
NR
NR
Increased
29%
25%
50%
27%
63%
67%
67%
41%
NR
NR
NR
No Change
35%
13%
17%
47%
6%
17%
20%
29%
NR
NR
NR
17
17
17
15
16
13
15
17
18
13
17
Number of Loans/Investments in Workout (%) Decreased
n=
24%
6%
6%
27%
13%
8%
0%
0%
11%
23%
12%
Increased
0%
18%
59%
7%
19%
46%
53%
41%
44%
31%
47%
No Change
76%
76%
35%
67%
69%
46%
47%
59%
44%
46%
41%
Number of Loans Given Term Extensions (%) n=
16
17
17
15
16
13
15
17
18
13
18
Decreased
6%
6%
0%
13%
25%
8%
0%
0%
0%
0%
0%
Increased
0%
12%
29%
7%
13%
31%
33%
24%
28%
31%
28%
No Change
94%
82%
71%
80%
63%
62%
67%
76%
72%
69%
72%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
27
Table III. Results by Financing Outlook III E. All Housing to Individuals
10Q1
09Q4
09Q3
09Q2
09Q1
17
18
18
17
16
13
14
17
17
13
18
Decrease
0%
0%
6%
18%
6%
15%
0%
6%
0%
8%
11%
Increase
65%
78%
78%
53%
56%
62%
50%
71%
71%
85%
78%
No Change
35%
22%
17%
29%
38%
23%
50%
24%
29%
8%
11%
14
14
15
16
12
NR
NR
NR
NR
NR
Expected Demand for Financing(%)
11Q2 n=
Projected Financing Next Year (if no Capital n= 16 Constraints) Projected Total Financing Next Year (if no Capital $ 110 Constraints) (MM) Projected Average Financing Next Year (if no Capital $ 6.9 Constraints) (MM) Projected Additional Capital Needed Next n= 16 Year
11Q1
$
229
$ 16.3
10Q4
$
$ 10.4
15
Projected Total Capital Needed Next Year (MM)
$
17
$
160
Projected Average Capital Needed Next Year (MM)
$
1.1
$ 10.7
17
Deteriorate Improve
146
10Q3
$
$ 15.0
14 $ 73.0
$
08Q4
282
$
29
NR
NR
NR
NR
NR
$ 17.6
$
2.4
NR
NR
NR
NR
NR
16
16
NR
NR
NR
NR
NR
NR
$120.5 $ 75.1
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
5.2
$7.5 $
4.7
17
18
17
16
13
15
0
19
13
18
12%
12%
17%
6%
6%
15%
40%
41%
37%
38%
50%
35%
35%
33%
47%
50%
38%
33%
18%
42%
15%
28%
53%
53%
50%
47%
44%
46%
27%
41%
21%
46%
22%
17
18
18
17
16
13
15
17
13
NR
NR
0-90 days
18%
17%
11%
12%
19%
31%
33%
12%
46%
NR
NR
91-180 days
35%
33%
50%
53%
44%
46%
40%
59%
46%
NR
NR
181-365 days
29%
33%
28%
18%
19%
15%
20%
24%
0%
NR
NR
18%
17%
11%
18%
19%
8%
7%
6%
8%
36
16
18
17
15
13
15
17
18
92%
88%
94%
88%
60%
62%
60%
75%
50%
62%
50%
8%
13%
6%
12%
40%
38%
40%
25%
50%
38%
50%
Expected Change in Portfolio Quality (%)
n=
No Change Days Cash on Hand (%)
n=
greater than 365 Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
$
226
10Q2
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
NR 13
NR 18
28
Table III. Results by Financing Demand, Originations and Capital III F. All Housing to Organizations
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
34
31
30
26
34
24
31
29
26
21
33
Decreased
29%
35%
40%
35%
6%
25%
26%
24%
19%
24%
24%
Increased
50%
39%
37%
35%
65%
46%
42%
44%
50%
57%
52%
No Change
21%
26%
23%
31%
29%
29%
32%
31%
31%
19%
24%
34
31
30
25
34
24
31
28
NR
NR
NR
Decreased
38%
26%
17%
32%
24%
42%
29%
39%
NR
NR
NR
Increased
53%
65%
70%
44%
53%
46%
48%
39%
NR
NR
NR
No Change
9%
10%
13%
24%
24%
13%
23%
21%
NR
NR
NR
34
31
30
26
35
24
31
29
28
22
33
Decreased
26%
42%
23%
46%
11%
50%
29%
21%
11%
41%
39%
Increased
41%
29%
63%
23%
54%
21%
45%
41%
61%
23%
30%
No Change
32%
29%
13%
31%
34%
29%
26%
38%
29%
36%
30%
NR
NR
NR
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change Over Previous Year(%)
Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
n=
34
31
30
26
35
24
31
28
41%
23%
30%
35%
37%
46%
42%
39%
NR
NR
NR
Increased
44%
58%
57%
38%
37%
42%
39%
25%
NR
NR
NR
No Change
15%
19%
13%
27%
26%
13%
19%
36%
NR
NR
32
29
27
23
30
21
24
26
24
15
28
Decreased
9%
17%
7%
13%
20%
19%
21%
23%
33%
27%
39%
Increased
31%
31%
30%
52%
20%
29%
38%
27%
13%
40%
21%
No Change
59%
52%
63%
35%
60%
52%
42%
50%
54%
33%
39%
NR
NR
NR
Ability to Access Capital (%)
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
n=
29
30
30
25
29
22
25
25
17%
13%
13%
12%
24%
23%
32%
32%
NR
NR
NR
Increased
34%
47%
63%
60%
41%
41%
40%
32%
NR
NR
NR
No Change
48%
40%
23%
28%
34%
36%
28%
36%
NR
NR
34
31
30
26
35
24
31
28
28
22
33
Decreased
26%
42%
33%
27%
51%
38%
35%
25%
46%
32%
33%
Increased
35%
29%
47%
46%
17%
38%
32%
32%
14%
45%
33%
38%
29%
20%
27%
31%
25%
32%
43%
39%
23%
33%
33
31
30
26
35
24
31
28
NR
NR
NR
42%
48%
37%
31%
37%
38%
45%
39%
NR
NR
NR
Increased
42%
42%
53%
58%
46%
50%
42%
29%
NR
NR
NR
No Change
15%
10%
10%
12%
17%
13%
13%
32%
NR
NR
34
31
30
26
35
24
31
28
Both
18%
13%
7%
19%
23%
25%
19%
29%
29%
41%
21%
Debt
0%
0%
3%
4%
3%
0%
13%
18%
21%
18%
18%
Capital Liquidity (%)
n=
NR
n=
No Change Capital Liquidity, Change Over Previous Year(%) Decreased
Capital-Constrained (%)
n=
n=
28
22
NR
NR 33
Equity
9%
10%
10%
4%
6%
8%
16%
14%
11%
9%
21%
Neither
74%
77%
80%
73%
69%
67%
52%
39%
39%
32%
39%
6
6
4
3
6
3
NR
NR
NR
NR
NR
Capital Shortfall During the Quarter
n=
Total Capital Shortfall During the Quarter ($ MM)
$ 56.0
$
8.0
$ 10.3
$
4.5
$ 40.7
$
5.0
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
$
1.0
$
$
0.8
$
$
0.2
NR
NR
NR
NR
NR
Average Cost of Borrowed Capital
n=
9.3
1.7
5.1
34
31
30
26
35
24
31
29
28
22
33
Decreased
12%
23%
27%
12%
11%
17%
16%
17%
14%
14%
24%
Increased
6%
16%
10%
12%
14%
13%
23%
10%
21%
23%
15%
No Change
82%
61%
63%
77%
74%
71%
61%
72%
64%
64%
61%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
29
Table III. Results by Financing Portfolio Quality III F. All Housing to Organizations
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
29
30
28
24
24
23
30
NR
NR
NR
NR
9.0%
9.1%
10.3%
10.1%
10.0%
9.9%
7.3%
NR
NR
NR
NR
29
30
28
24
24
23
30
13
20
12
31
31-60 days
0.1%
1.4%
1.2%
1.1%
1.6%
0.4%
1.4%
3.3%
2.5%
7.3%
1.4%
61-90 days
0.7%
1.3%
0.4%
0.3%
1.4%
1.2%
1.4%
2.1%
1.4%
4.4%
0.9%
90+ days
3.8%
2.9%
2.6%
4.3%
6.3%
7.5%
3.3%
5.3%
9.3%
7.0%
4.5%
Total
4.6%
5.6%
4.1%
5.7%
9.3%
9.1%
6.1%
10.6%
13.2%
18.7%
6.8%
28
30
27
22
23
19
0
NR
NR
NR
NR
1.5%
1.5%
1.8%
2.8%
2.3%
28
30
27
22
23
8.1%
8.6%
14.2%
12.0%
5.7%
0.0%
NR
NR
NR
NR
29
30
28
24
24
23
30
13
18
12
31
0.2%
0.3%
0.5%
0.7%
0.5%
0.3%
1.0%
2.4%
1.2%
1.1%
0.1%
Average Loan Loss Reserve (%)
n=
Loan Loss Reserve Average Portfolio-at-Risk
Average Non-Accruals (%)
n=
n=
Non-Accruals Average Loans Restructured (%)
n=
Loans Restructured Average Net Charge-Offs (%)
n=
Net Charge-Offs Loan Loss Reserve Ratio (%)
n=
33
30
30
26
35
0.00 19 0.02
23
0.0%
NR
NR
NR
NR
0
NR
NR
NR
NR
31
29
28
22
33
Decreased
27%
27%
20%
42%
31%
26%
29%
13%
14%
14%
9%
Increased
36%
33%
33%
19%
29%
39%
29%
45%
43%
50%
52%
No Change
36%
40%
47%
38%
40%
35%
42%
41%
43%
36%
39%
34
31
30
25
35
24
30
29
28
22
33
Decreased
Delinquency Rate (%)
n=
32%
39%
37%
36%
34%
42%
33%
21%
36%
18%
12%
Increased
15%
29%
30%
28%
20%
25%
37%
28%
18%
41%
45%
No Change
53%
32%
33%
36%
46%
33%
30%
52%
46%
41%
42%
NR
NR
NR
Delinquency Rate, Change from Previous Year n= (%) Decreased
34
31
30
25
35
24
31
28
35%
48%
57%
52%
43%
38%
23%
32%
NR
NR
NR
Increased
26%
29%
17%
24%
34%
38%
55%
32%
NR
NR
NR
No Change
38%
23%
27%
24%
23%
25%
23%
36%
NR
NR
NR
33
31
29
25
33
24
31
29
28
22
Number of Loans/Investments in Workout (%) Decreased
n=
33
15%
23%
34%
36%
9%
21%
13%
17%
11%
18%
3%
Increased
3%
23%
21%
24%
36%
33%
52%
38%
50%
45%
55%
No Change
82%
55%
45%
40%
55%
46%
35%
45%
39%
36%
42%
Number of Loans Given Term Extensions (%) n=
34
29
30
24
35
24
31
28
28
22
33
Decreased
26%
10%
23%
21%
20%
25%
13%
18%
14%
23%
9%
Increased
18%
34%
27%
29%
31%
38%
48%
29%
57%
50%
55%
No Change
56%
55%
50%
50%
49%
38%
39%
54%
29%
27%
36%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
30
Table III. Results by Financing Outlook III F. All Housing to Organizations
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
34
31
30
26
34
24
31
28
28
22
33
Decrease
0%
3%
0%
4%
3%
0%
10%
7%
11%
5%
9%
Increase
71%
58%
67%
65%
71%
71%
77%
59%
64%
68%
67%
No Change
29%
39%
33%
31%
26%
29%
13%
35%
25%
27%
24%
28
30
29
24
35
17
NR
NR
NR
NR
NR
Expected Demand for Financing(%)
11Q2 n=
Projected Financing Next Year (if no Capital n= Constraints) Projected Total Financing Next Year (if no Capital Constraints) (MM) Projected Average Financing Next Year (if no Capital Constraints) (MM) Projected Additional Capital Needed Next n= Year
11Q1
$ 682
$
$ 24.4
$ 21.9
25
656
10Q4
$
673
$ 23.2
30
$ 180
$
189
$ 121.4
Projected Average Capital Needed Next Year (MM)
$
$
6.3
$
Expected Change in Portfolio Quality (%)
n=
Deteriorate
$
373
$ 15.5
29
Projected Total Capital Needed Next Year (MM)
7.2
10Q3
$
672
$
76
NR
NR
NR
NR
NR
$ 19.2
$
4.4
NR
NR
NR
NR
NR
23
35
NR
NR
NR
NR
NR
NR
$75.4 $ 138.2
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
4.2
$3.3 $
3.9
26
35
34
30
30
24
31
28
28
22
33
6%
13%
10%
4%
6%
4%
42%
50%
54%
50%
39%
29%
27%
43%
54%
37%
54%
23%
25%
18%
32%
24%
65%
60%
47%
42%
57%
42%
35%
25%
29%
18%
36%
34
31
30
26
34
22
30
27
22
NR
NR
3%
0%
0%
0%
9%
5%
7%
11%
5%
NR
NR
91-180 days
18%
16%
20%
4%
12%
9%
17%
19%
9%
NR
NR
181-365 days
35%
35%
30%
38%
29%
59%
30%
33%
50%
NR
NR
44%
48%
50%
58%
50%
27%
47%
37%
36%
36
31
30
26
35
24
31
28
28
Improve No Change Days Cash on Hand (%)
n=
0-90 days
greater than 365 Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
NR 21
NR 32
92%
87%
83%
85%
69%
79%
81%
71%
61%
71%
63%
8%
13%
17%
15%
31%
21%
19%
29%
39%
29%
38%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
31
Table III. Results by Financing Demand, Originations and Capital III G. All Intermediary Number of Financing Applications Received (%)
11Q2
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
4
3
2
2
3
2
3
1
2
5
2
Decreased
0%
67%
0%
0%
67%
0%
0%
0%
0%
0%
0%
Increased
50%
33%
50%
50%
0%
50%
0%
100%
100%
60%
100%
No Change
50%
0%
50%
50%
33%
50%
100%
0%
0%
40%
0%
4
3
2
2
3
2
3
Decreased
25%
33%
0%
50%
33%
0%
0%
0%
NR
NR
NR
Increased
50%
67%
50%
50%
33%
50%
0%
100%
NR
NR
NR
No Change
25%
0%
50%
0%
33%
50%
100%
0%
NR
NR
NR
4
3
2
2
3
2
3
1
2
5
2
Decreased
0%
67%
0%
0%
33%
0%
33%
0%
0%
0%
0%
Increased
50%
33%
100%
50%
33%
50%
33%
100%
50%
20%
50%
No Change
50%
0%
0%
50%
33%
50%
33%
0%
50%
80%
50%
NR
NR
NR
Number of Financing Applications Received, Change Over Previous Year(%)
Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
11Q1
n=
n=
NR
NR
NR
4
3
2
2
3
2
3
1
25%
33%
0%
50%
33%
0%
33%
0%
NR
NR
NR
Increased
50%
67%
100%
50%
33%
50%
33%
100%
NR
NR
NR
No Change
25%
0%
0%
0%
33%
50%
33%
0%
NR
NR
NR
4
2
2
2
3
2
3
1
2
5
Decreased
25%
0%
0%
0%
0%
50%
67%
0%
50%
60%
100%
Increased
25%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
No Change
50%
100%
100%
100%
100%
50%
33%
100%
50%
40%
0%
NR
NR
Ability to Access Capital (%)
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
1
n=
3
2
2
2
3
2
3
1
33%
0%
0%
0%
67%
50%
67%
0%
NR
NR
NR
Increased
33%
50%
0%
0%
33%
0%
0%
0%
NR
NR
NR
No Change
33%
50%
100%
100%
0%
50%
33%
100%
NR
NR
NR
4
3
2
2
3
2
3
1
2
5
2
Decreased
25%
0%
50%
0%
0%
0%
33%
0%
100%
60%
50%
Increased
25%
33%
0%
50%
67%
50%
33%
0%
0%
0%
0%
50%
67%
50%
50%
33%
50%
33%
100%
0%
40%
50%
4
3
2
2
3
2
3
1
NR
NR
25%
0%
0%
0%
33%
0%
33%
0%
NR
NR
NR
Increased
25%
67%
100%
100%
33%
50%
33%
100%
NR
NR
NR
No Change
50%
33%
0%
0%
33%
50%
33%
0%
NR
NR
NR
4
3
2
2
3
2
3
1
2
5
2
Both
0%
33%
50%
50%
0%
50%
33%
0%
0%
20%
0%
Debt
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Capital Liquidity (%)
n=
2
n=
No Change Capital Liquidity, Change Over Previous Year(%) Decreased
Capital-Constrained (%)
n=
n=
NR
NR
Equity
25%
0%
0%
0%
33%
0%
0%
0%
50%
20%
50%
Neither
75%
67%
50%
50%
67%
50%
67%
100%
50%
60%
50%
1
1
1
NR
1
NR
NR
NR
NR
NR
NR
Capital Shortfall During the Quarter
n=
Total Capital Shortfall During the Quarter ($ MM)
$
0.5
$
2.0
$
2.0
NR
$
2.0
NR
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
0.5
$
2.0
$
2.0
NR
$
2.0
NR
NR
NR
NR
NR
NR
3
2
2
3
2
3
1
2
5
2
Average Cost of Borrowed Capital
n=
4
Decreased
25%
0%
50%
0%
0%
0%
0%
0%
0%
0%
0%
Increased
0%
33%
0%
0%
0%
0%
0%
0%
0%
0%
50%
No Change
75%
67%
50%
100%
100%
100%
100%
100%
100%
100%
50%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
32
Table III. Results by Financing Portfolio Quality III G. All Intermediary
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
3
3
2
2
1
2
2
NR
NR
NR
NR
3.1%
4.9%
5.0%
5.2%
4.9%
5.6%
4.7%
NR
NR
NR
NR
3
3
2
2
1
2
2
13
20
12
0
31-60 days
0.1%
0.0%
0.1%
0.1%
0.1%
0.1%
0.0%
3.3%
2.5%
7.3%
0.0%
61-90 days
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
2.1%
1.4%
4.4%
0.0%
90+ days
0.0%
0.0%
0.1%
0.3%
1.4%
0.5%
0.8%
5.3%
9.3%
7.0%
0.0%
Total
0.1%
0.0%
0.1%
0.4%
1.5%
0.6%
0.8%
10.6%
13.2%
18.7%
0.0%
3
3
2
2
1
2
0
NR
NR
NR
NR
2.6%
0.3%
0.0%
0.0%
0.0%
3
3
2
2
1
0.2%
0.3%
0.5%
0.6%
1.4%
0.0%
NR
3
3
2
2
1
2
2
13
0.0%
0.0%
0.0%
0.3%
0.1%
0.0%
0.1%
2.4%
1.2%
Average Loan Loss Reserve (%)
n=
Loan Loss Reserve Average Portfolio-at-Risk
Average Non-Accruals (%)
n=
n=
Non-Accruals Average Loans Restructured (%)
n=
Loans Restructured Average Net Charge-Offs (%)
n=
Net Charge-Offs Loan Loss Reserve Ratio (%)
n=
4
3
Decreased
25%
0%
Increased
25%
67%
No Change
50%
33%
Delinquency Rate (%)
n=
Decreased Increased No Change Delinquency Rate, Change from Previous Year n= (%) Decreased
2 50%
2
3
2 0.20
2
0.0%
NR
NR
NR
NR
0
NR
NR
NR
NR
NR
NR
NR
18
12
0
1.1%
0.0%
3
50%
0%
0%
0%
0%
0%
33%
50%
50%
50%
67%
50%
3
3
0%
0%
100%
2
0%
0%
100%
100%
1
2
5
1
0%
0%
0%
0%
33%
0%
50%
20%
100%
67%
100%
50%
80%
0%
2
3
2
3
1
2
5
1
50%
33%
0%
0%
0%
0%
0%
0%
0%
0%
33%
50%
0%
0%
0%
0%
100%
0%
50%
33%
50%
100%
100%
100%
100%
0%
2
2
NR
NR
4
3
2
2
3
1
NR
25%
33%
50%
50%
0%
0%
0%
0%
NR
NR
NR
Increased
0%
33%
50%
50%
50%
100%
67%
100%
NR
NR
NR
No Change
75%
33%
0%
0%
50%
0%
33%
0%
NR
NR
NR
3
3
2
2
3
2
3
1
1
4
2 0%
Number of Loans/Investments in Workout (%) Decreased
n=
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Increased
33%
33%
50%
0%
33%
50%
33%
100%
0%
0%
0%
No Change
67%
67%
50%
100%
67%
50%
67%
0%
100%
100%
100%
3
3
2
2
2
2
3
1
1
Decreased
0%
0%
0%
0%
0%
0%
0%
0%
Increased
0%
0%
50%
0%
50%
0%
33%
0%
100%
100%
50%
100%
50%
100%
67%
100%
Number of Loans Given Term Extensions (%) n=
No Change
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
4
2
0%
0%
0%
0%
25%
0%
100%
75%
100%
33
Table III. Results by Financing Outlook III G. All Intermediary Expected Demand for Financing(%)
11Q2 n=
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
4
3
2
2
3
2
3
1
1
5
Decrease
25%
0%
0%
0%
0%
0%
0%
0%
0%
0%
NR
Increase
75%
67%
50%
100%
0%
0%
67%
0%
100%
60%
NR
0%
33%
50%
0%
100%
100%
33%
100%
0%
40%
4
3
2
2
NR
NR
NR
NR
NR
NR
NR
34
NR
NR
NR
NR
NR
NR
NR
$ 17.0
NR
NR
NR
NR
NR
NR
NR
No Change Projected Financing Next Year (if no Capital n= Constraints) Projected Total Financing Next Year (if no Capital Constraints) (MM) Projected Average Financing Next Year (if no Capital Constraints) (MM) Projected Additional Capital Needed Next n= Year
$ 133
$
$ 33.2
$ 15.1
4
45
$
46
$ 23.0
3
$
NR
NR
2
2
NR
NR
NR
NR
NR
NR
NR
Projected Total Capital Needed Next Year (MM)
$
93
$
4
$
6.0
$3.5
NR
NR
NR
NR
NR
NR
NR
Projected Average Capital Needed Next Year (MM)
$ 23.1
$
1.3
$
3.0
$1.8
NR
NR
NR
NR
NR
NR
NR
2
2
3
2
3
1
2
5
NR
Expected Change in Portfolio Quality (%)
n=
Deteriorate Improve No Change Days Cash on Hand (%)
n=
0-90 days
4
3
25%
0%
0%
0%
0%
50%
0%
0%
0%
20%
NR
0%
33%
50%
0%
0%
50%
67%
0%
0%
0%
NR
75%
67%
50%
100%
100%
0%
33%
100%
100%
80%
4
3
2
2
3
2
3
NR
NR
1
NR NR
0%
0%
50%
0%
33%
0%
0%
0%
NR
NR
NR
91-180 days
25%
0%
0%
0%
0%
0%
33%
100%
NR
NR
NR
181-365 days
25%
67%
0%
50%
0%
100%
33%
0%
NR
NR
NR
50%
33%
50%
50%
67%
0%
33%
0%
NR
NR
36
3
2
2
2
2
3
1
2
5
greater than 365 Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
NR NR
92%
67%
100%
100%
50%
100%
67%
100%
50%
20%
NR
8%
33%
0%
0%
50%
0%
33%
0%
50%
80%
NR
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
34
Table III. Results by Financing Demand, Originations and Capital III H. All Microenterprise
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
17
26
16
23
17
18
16
13
20
11
22
Decreased
24%
42%
31%
22%
29%
17%
50%
15%
10%
9%
9%
Increased
53%
35%
50%
61%
65%
61%
44%
69%
80%
73%
77%
No Change
24%
23%
19%
17%
6%
22%
6%
15%
10%
18%
14%
17
26
16
23
17
18
16
13
NR
NR
NR
Decreased
35%
38%
25%
22%
29%
11%
19%
23%
NR
NR
NR
Increased
53%
42%
56%
74%
59%
61%
81%
77%
NR
NR
NR
No Change
12%
19%
19%
4%
12%
28%
0%
0%
NR
NR
NR
17
26
16
23
17
18
16
13
20
12
21
Decreased
24%
50%
31%
17%
24%
33%
31%
23%
20%
42%
24%
Increased
65%
35%
38%
65%
59%
50%
31%
62%
50%
42%
67%
No Change
12%
15%
31%
17%
18%
17%
38%
15%
30%
17%
10%
NR
NR
NR
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change Over Previous Year(%)
Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
n=
17
26
16
23
17
18
16
13
35%
31%
38%
39%
18%
39%
13%
15%
NR
NR
NR
Increased
59%
50%
50%
52%
71%
39%
69%
69%
NR
NR
NR
No Change
6%
19%
13%
9%
12%
22%
19%
15%
NR
NR
17
21
13
18
13
15
10
8
15
8
19
Decreased
6%
19%
0%
11%
0%
7%
30%
25%
27%
13%
32%
Increased
29%
29%
23%
28%
8%
33%
0%
25%
27%
63%
32%
No Change
65%
52%
77%
61%
92%
60%
70%
50%
47%
25%
37%
16
22
14
18
14
16
10
9
NR
NR
NR
6%
14%
7%
6%
7%
13%
40%
22%
NR
NR
NR
Increased
25%
41%
57%
50%
57%
38%
20%
44%
NR
NR
NR
No Change
69%
45%
36%
44%
36%
50%
40%
33%
NR
NR
17
25
15
21
16
17
16
13
20
12
22
Decreased
12%
28%
33%
24%
25%
24%
25%
23%
55%
25%
45%
Increased
59%
32%
40%
38%
44%
35%
31%
38%
15%
33%
23%
29%
40%
27%
38%
31%
41%
44%
38%
30%
42%
32%
17
24
15
22
16
18
16
13
NR
NR
NR
29%
13%
13%
23%
25%
22%
19%
31%
NR
NR
NR
Increased
59%
50%
60%
59%
50%
56%
44%
15%
NR
NR
NR
No Change
12%
38%
27%
18%
25%
22%
38%
54%
NR
NR
17
26
16
23
17
18
16
13
Ability to Access Capital (%)
Ability to Access Capital, Change from Previous Year (%) Decreased
Capital Liquidity (%)
n=
n=
n=
n=
No Change Capital Liquidity, Change Over Previous Year(%) Decreased
Capital-Constrained (%)
n=
n=
20
NR
NR
NR
12
22
Both
0%
8%
0%
9%
18%
0%
13%
8%
10%
8%
18%
Debt
0%
12%
6%
4%
0%
6%
19%
15%
20%
25%
9%
Equity
6%
4%
0%
22%
6%
11%
19%
15%
15%
17%
14%
Neither
94%
77%
94%
65%
76%
83%
50%
62%
55%
50%
59%
4
1
6
3
2
NR
NR
NR
NR
NR
Capital Shortfall During the Quarter
n=
-
Total Capital Shortfall During the Quarter ($ MM)
$
-
$
2.5
$
0.5
$
1.9
$
1.1
$
0.8
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
-
$
0.6
$
0.5
$
0.3
$
0.4
$
0.0
NR
NR
NR
NR
NR 22
Average Cost of Borrowed Capital
n=
17
25
15
22
17
18
15
13
20
12
Decreased
6%
8%
0%
0%
18%
11%
20%
8%
15%
17%
5%
Increased
0%
4%
0%
5%
0%
6%
7%
0%
5%
8%
9%
No Change
94%
88%
100%
95%
82%
83%
73%
92%
80%
75%
86%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
35
Table III. Results by Financing Portfolio Quality III H. All Microenterprise
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
14
25
15
20
14
13
13
NR
NR
NR
NR
18.4%
13.6%
11.8%
14.1%
23.6%
16.9%
17.8%
NR
NR
NR
NR
14
25
15
20
14
13
13
13
20
12
22
31-60 days
2.9%
4.1%
2.0%
2.2%
2.6%
2.6%
5.5%
3.3%
2.5%
7.3%
3.8%
61-90 days
0.9%
1.7%
1.1%
3.3%
1.5%
1.8%
2.1%
2.1%
1.4%
4.4%
2.1%
90+ days
8.4%
6.4%
6.4%
5.9%
4.5%
5.4%
8.1%
5.3%
9.3%
7.0%
10.1%
12.3%
12.2%
9.5%
11.4%
8.7%
9.8%
15.6%
10.6%
13.2%
18.7%
15.9%
14
25
15
17
13
12
0
NR
NR
NR
NR
0.3%
0.3%
0.2%
0.6%
3.5%
14
25
15
17
13
8.1%
6.8%
8.4%
9.4%
7.1%
0.0%
NR
NR
NR
NR
14
25
15
20
14
13
13
13
18
12
22
1.7%
0.6%
1.2%
1.2%
2.2%
2.1%
3.2%
2.4%
1.2%
1.1%
4.7%
Average Loan Loss Reserve (%)
n=
Loan Loss Reserve Average Portfolio-at-Risk
n=
Total Average Non-Accruals (%)
n=
Non-Accruals Average Loans Restructured (%)
n=
Loans Restructured Average Net Charge-Offs (%)
n=
Net Charge-Offs Loan Loss Reserve Ratio (%)
17
24
15
Decreased
41%
8%
20%
24%
13%
Increased
29%
46%
13%
24%
No Change
29%
46%
67%
52%
Delinquency Rate (%)
n=
n=
21
16
0.00 12 0.07
17
0.0%
NR
NR
NR
NR
0
NR
NR
NR
NR
15
13
20
12
22
18%
27%
0%
10%
0%
18%
38%
35%
33%
46%
40%
67%
41%
50%
47%
40%
54%
50%
33%
41%
17
26
16
22
17
18
16
13
20
12
22
Decreased
53%
65%
31%
50%
41%
44%
56%
23%
40%
17%
18%
Increased
35%
15%
44%
41%
29%
33%
44%
62%
45%
50%
50%
No Change
12%
19%
25%
9%
29%
22%
0%
15%
15%
33%
32%
NR
NR
NR
Delinquency Rate, Change from Previous Year n= (%) Decreased
17
26
16
21
17
18
16
13
59%
65%
31%
57%
47%
39%
44%
23%
NR
NR
NR
Increased
24%
23%
56%
29%
41%
50%
50%
62%
NR
NR
NR
No Change
18%
12%
13%
14%
12%
11%
6%
15%
NR
NR
NR
Number of Loans/Investments in Workout (%) Decreased
n=
17
25
15
22
17
18
16
13
20
12
18%
16%
33%
27%
12%
6%
6%
8%
15%
8%
5%
Increased
18%
20%
27%
27%
41%
44%
69%
62%
45%
58%
68%
No Change
65%
64%
40%
45%
47%
50%
25%
31%
40%
33%
27%
Number of Loans Given Term Extensions (%) n=
17
24
16
22
17
18
16
13
20
12
22
Decreased
24%
17%
6%
36%
18%
17%
13%
0%
5%
0%
0%
Increased
18%
17%
38%
18%
18%
33%
31%
46%
65%
58%
73%
No Change
59%
67%
56%
45%
65%
50%
56%
54%
30%
42%
27%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
22
36
Table III. Results by Financing Outlook III H. All Microenterprise
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
17
26
16
23
17
18
16
13
20
12
22
Decrease
6%
0%
13%
9%
0%
0%
19%
8%
5%
0%
0%
Increase
82%
85%
63%
61%
65%
83%
63%
77%
80%
92%
95%
No Change
12%
15%
25%
30%
35%
17%
19%
15%
15%
14
23
15
20
15
14
NR
NR
NR
NR
NR
Expected Demand for Financing(%)
11Q2 n=
Projected Financing Next Year (if no Capital n= Constraints) Projected Total Financing Next Year (if no Capital $ Constraints) (MM) Projected Average Financing Next Year (if no Capital $ Constraints) (MM) Projected Additional Capital Needed Next n= Year
11Q1
5%
58
$
45
$
57
$
37
$
8
NR
NR
NR
NR
NR
2.1
$
2.5
$
3.0
$
2.7
$
2.3
$
0.5
NR
NR
NR
NR
NR
10
15
16
$
18
Projected Average Capital Needed Next Year (MM)
$
1.2
$
0.8
Deteriorate
8%
$
$
n=
10Q3
31
Projected Total Capital Needed Next Year (MM)
Expected Change in Portfolio Quality (%)
10Q4
16
26
10
11
10
NR
NR
NR
NR
NR
NR
$14.5 $
7.9
NR
NR
NR
NR
NR
NR
0.8
$0.7 $
0.5
NR
NR
NR
NR
NR
NR
16
23
17
18
16
$ 11.9 $
13
20
12
22
0%
0%
6%
4%
0%
11%
13%
8%
15%
17%
36%
31%
50%
44%
30%
59%
44%
50%
54%
50%
58%
41%
69%
50%
50%
65%
41%
44%
38%
38%
35%
25%
23%
17
24
14
22
16
18
15
13
14
NR
NR
0-90 days
18%
13%
29%
18%
13%
28%
13%
15%
57%
NR
NR
91-180 days
47%
42%
21%
32%
31%
28%
47%
31%
29%
NR
NR
181-365 days
29%
29%
29%
23%
31%
39%
40%
46%
7%
NR
NR
Improve No Change Days Cash on Hand (%)
n=
greater than 365 Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
6%
17%
21%
27%
25%
6%
0%
8%
7%
36
26
15
21
15
18
16
13
20
92%
96%
87%
86%
100%
72%
75%
62%
70%
75%
75%
8%
4%
13%
14%
0%
28%
25%
38%
30%
25%
25%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
NR 12
NR 20
37
Table IV. Results by Region Demand, Originations and Capital IV A. All Midwest CDFIs
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
27
40
27
24
27
25
24
27
30
24
21
Decreased
41%
25%
37%
33%
19%
16%
25%
15%
7%
21%
19%
Increased
44%
43%
30%
25%
52%
48%
38%
67%
73%
58%
71%
No Change
15%
33%
33%
42%
30%
36%
38%
19%
20%
21%
10%
27
40
27
24
27
25
24
26
NR
NR
NR
Decreased
33%
23%
30%
54%
26%
16%
17%
12%
NR
NR
NR
Increased
48%
43%
44%
25%
52%
48%
54%
73%
NR
NR
NR
No Change
19%
35%
26%
21%
22%
36%
29%
15%
NR
NR
NR
27
40
27
24
28
25
24
27
30
24
21
Decreased
30%
33%
44%
42%
11%
48%
21%
11%
10%
46%
29%
Increased
44%
38%
37%
25%
57%
32%
46%
59%
57%
25%
52%
No Change
26%
30%
19%
33%
32%
20%
33%
30%
33%
29%
19%
NR
NR
NR
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change Over Previous Year(%)
Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
n=
27
40
27
24
28
25
24
26
33%
23%
33%
42%
36%
48%
25%
27%
NR
NR
NR
Increased
59%
48%
48%
17%
46%
28%
54%
50%
NR
NR
NR
No Change
7%
30%
19%
42%
18%
24%
21%
23%
NR
NR
24
30
24
20
18
18
16
24
24
20
19
Decreased
4%
17%
8%
5%
0%
33%
19%
21%
29%
40%
16%
Increased
54%
20%
21%
45%
39%
22%
31%
21%
21%
25%
37%
No Change
42%
63%
71%
50%
61%
44%
50%
58%
50%
35%
47%
NR
NR
NR
Ability to Access Capital (%)
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
n=
24
32
23
22
18
18
18
23
13%
13%
4%
9%
17%
11%
39%
22%
NR
NR
NR
Increased
50%
31%
61%
50%
50%
44%
28%
30%
NR
NR
NR
No Change
38%
56%
35%
41%
33%
44%
33%
48%
NR
NR
27
39
28
24
28
25
24
26
29
23
21
Decreased
11%
23%
14%
21%
32%
20%
21%
23%
31%
35%
29%
Increased
33%
33%
39%
46%
29%
36%
21%
31%
21%
35%
33%
56%
44%
46%
33%
39%
44%
58%
46%
48%
30%
38%
27
38
26
24
28
25
23
26
NR
NR
NR
22%
26%
19%
21%
25%
16%
13%
27%
NR
NR
NR
Increased
56%
39%
65%
50%
43%
56%
43%
58%
NR
NR
NR
No Change
22%
34%
15%
29%
32%
28%
43%
15%
NR
NR
27
39
28
24
28
25
24
26
Capital Liquidity (%)
n=
NR
n=
No Change Capital Liquidity, Change Over Previous Year(%) Decreased
Capital-Constrained (%)
n=
n=
30
24
NR
NR 21
Both
15%
5%
4%
8%
4%
16%
25%
15%
23%
29%
19%
Debt
0%
8%
4%
8%
0%
8%
8%
15%
10%
8%
10%
Equity
4%
8%
11%
8%
11%
0%
13%
8%
7%
4%
24%
Neither
81%
79%
82%
75%
86%
76%
54%
62%
60%
58%
48%
5
8
5
4
3
3
NR
NR
NR
NR
NR
Total Capital Shortfall During the Quarter ($ MM)
$ 74.0
$ 29.3
$ 13.0
$
1.2
$ 43.3
$
2.7
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$ 14.8
$
$
$
0.2
$ 14.4
$
0.1
NR
NR
NR
NR
NR
24
21
Capital Shortfall During the Quarter
Average Cost of Borrowed Capital
n=
n=
3.7
2.6
27
39
26
24
28
25
24
27
29
Decreased
7%
5%
8%
13%
7%
12%
21%
7%
14%
8%
14%
Increased
0%
8%
8%
4%
7%
0%
8%
7%
10%
25%
14%
No Change
93%
87%
85%
83%
86%
88%
71%
85%
76%
67%
71%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
38
Table IV. Results by Region Portfolio Quality IV A. All Midwest CDFIs
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
21
34
24
23
23
20
23
NR
NR
NR
NR
12.6%
7.3%
8.9%
12.0%
11.2%
9.3%
8.5%
NR
NR
NR
NR
21
34
24
23
23
20
23
23
28
23
20
31-60 days
0.7%
4.4%
3.0%
2.7%
6.7%
3.7%
1.2%
2.2%
3.4%
2.9%
2.6%
61-90 days
1.7%
2.1%
0.9%
1.0%
1.0%
1.9%
1.9%
0.7%
1.5%
2.1%
2.1%
90+ days
6.8%
4.2%
6.6%
4.5%
5.5%
5.9%
4.8%
6.9%
3.4%
3.6%
5.3%
Total
9.2%
10.7%
10.4%
8.2%
13.2%
11.6%
7.9%
9.9%
8.3%
8.5%
10.0%
20
34
22
22
19
15
NR
NR
NR
NR
NR
0.4%
0.3%
0.9%
1.2%
1.4%
20
34
22
22
19
8.6%
3.7%
7.4%
7.9%
3.4%
0.0%
NR
NR
NR
NR
21
34
24
23
23
20
23
23
28
23
20
0.1%
0.5%
1.5%
0.6%
0.6%
1.6%
0.9%
0.7%
0.5%
0.2%
1.2%
Average Loan Loss Reserve (%)
n=
Loan Loss Reserve Average Portfolio-at-Risk
Average Non-Accruals (%)
n=
n=
Non-Accruals Average Loans Restructured (%)
n=
Loans Restructured Average Net Charge-Offs (%)
n=
Net Charge-Offs Loan Loss Reserve Ratio (%)
27
34
26
Decreased
19%
9%
31%
38%
14%
Increased
30%
35%
35%
33%
No Change
52%
56%
35%
29%
Delinquency Rate (%)
n=
n=
24
28
0.00 15 0.06
25
0.0%
NR
NR
NR
NR
NR
NR
NR
NR
NR
24
27
30
24
12%
13%
7%
13%
13%
24%
21
46%
36%
42%
33%
30%
42%
19%
39%
52%
46%
59%
57%
46%
57%
26
35
26
24
28
25
24
27
30
24
21
Decreased
27%
43%
54%
42%
39%
20%
21%
19%
23%
29%
14%
Increased
15%
23%
31%
33%
43%
48%
38%
44%
43%
29%
38%
No Change
58%
34%
15%
25%
18%
32%
42%
37%
33%
42%
48%
NR
NR
NR
Delinquency Rate, Change from Previous Year n= (%) Decreased
27
35
26
24
28
25
24
26
41%
51%
46%
50%
32%
32%
29%
15%
NR
NR
NR
Increased
22%
29%
46%
33%
46%
52%
46%
50%
NR
NR
NR
No Change
37%
20%
8%
17%
21%
16%
25%
35%
NR
NR
NR
26
35
25
24
27
25
24
27
27
Number of Loans/Investments in Workout (%) Decreased
n=
23
21
19%
11%
20%
25%
4%
12%
4%
7%
15%
9%
0%
Increased
23%
26%
32%
21%
41%
40%
50%
44%
37%
43%
48%
No Change
58%
63%
48%
54%
56%
48%
46%
48%
48%
48%
52%
Number of Loans Given Term Extensions (%) n=
25
34
25
23
28
24
24
26
28
23
20
Decreased
12%
15%
12%
22%
11%
8%
4%
4%
0%
13%
5%
Increased
20%
12%
36%
17%
32%
50%
46%
35%
32%
35%
50%
No Change
68%
74%
52%
61%
57%
42%
50%
62%
68%
52%
45%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
39
Table IV. Results by Region Outlook IV A. All Midwest CDFIs
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
27
35
27
24
28
25
25
26
27
23
21
Decrease
0%
3%
4%
8%
0%
0%
4%
4%
7%
0%
10%
Increase
85%
71%
70%
67%
75%
84%
80%
58%
70%
83%
90%
No Change
15%
26%
26%
25%
25%
16%
16%
38%
22%
17%
22
32
25
21
26
24
NR
NR
NR
NR
NR
623
$ 244
NR
NR
NR
NR
NR
$
NR
NR
NR
NR
NR
Expected Demand for Financing(%)
11Q2 n=
Projected Financing Next Year (if no Capital n= Constraints) Projected Total Financing Next Year (if no Capital Constraints) (MM) Projected Average Financing Next Year (if no Capital Constraints) (MM) Projected Additional Capital Needed Next n= Year
11Q1
$ 516
$
$ 23.5
$ 11.2
19
357
$ 176
$
57
Projected Average Capital Needed Next Year (MM)
$
$
1.8
Expected Change in Portfolio Quality (%)
n=
Deteriorate
27
$
33
377
$ 15.1
24
Projected Total Capital Needed Next Year (MM)
8.0
10Q4
10Q3
$
$ 19.5
14 $ 75.2 $
429
$
$ 23.1
12
9.8
08Q4
0%
17
NR
NR
NR
NR
NR
NR
$42.5 $ 100.0
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
3.0
$2.0 $
3.7
26
24
28
25
25
26
29
23
21
0%
3%
4%
8%
14%
20%
48%
46%
45%
61%
48%
30%
33%
50%
46%
39%
52%
28%
15%
24%
17%
24%
70%
64%
46%
46%
46%
28%
24%
38%
31%
22%
29%
27
40
28
24
27
25
25
25
22
NR
NR
7%
18%
11%
8%
11%
20%
16%
16%
41%
NR
NR
91-180 days
37%
20%
36%
25%
33%
20%
32%
24%
23%
NR
NR
181-365 days
37%
30%
21%
29%
19%
28%
28%
16%
23%
NR
NR
19%
33%
32%
38%
37%
32%
24%
44%
14%
36
34
27
24
28
25
24
26
28
92%
91%
89%
75%
71%
76%
63%
65%
75%
65%
60%
8%
9%
11%
25%
29%
24%
38%
35%
25%
35%
40%
Improve No Change Days Cash on Hand (%)
n=
0-90 days
greater than 365 Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
NR 23
NR 20
40
Table IV. Results by Region Demand, Originations and Capital IV B. All Northeast CDFIs
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
31
32
30
34
34
26
30
33
34
29
35
Decreased
16%
44%
23%
44%
24%
31%
37%
21%
26%
21%
26%
Increased
68%
34%
53%
38%
56%
42%
27%
45%
38%
52%
57%
No Change
16%
22%
23%
18%
21%
27%
37%
33%
35%
28%
17%
31
32
30
33
33
26
28
33
NR
NR
NR
Decreased
32%
28%
17%
42%
45%
42%
29%
24%
NR
NR
NR
Increased
61%
56%
63%
48%
30%
38%
54%
58%
NR
NR
NR
No Change
6%
16%
20%
9%
24%
19%
18%
18%
NR
NR
NR
31
32
30
34
34
26
30
33
34
30
34
Decreased
23%
41%
23%
47%
26%
38%
37%
30%
26%
40%
38%
Increased
65%
50%
57%
35%
44%
38%
37%
45%
38%
37%
41%
No Change
13%
9%
20%
18%
29%
23%
27%
24%
35%
23%
21%
NR
NR
NR
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change Over Previous Year(%)
Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
n=
31
32
30
34
34
26
30
33
29%
34%
33%
53%
47%
38%
33%
36%
NR
NR
NR
Increased
58%
50%
57%
41%
32%
46%
50%
33%
NR
NR
NR
No Change
13%
16%
10%
6%
21%
15%
17%
30%
NR
NR
29
26
28
27
30
22
25
26
30
24
25
Decreased
10%
15%
7%
7%
10%
0%
8%
23%
33%
42%
56%
Increased
28%
27%
32%
37%
23%
18%
32%
23%
17%
17%
16%
No Change
62%
58%
61%
56%
67%
82%
60%
54%
50%
42%
28%
NR
NR
NR
Ability to Access Capital (%)
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
n=
29
26
28
29
29
24
24
26
10%
12%
11%
3%
10%
13%
29%
31%
NR
NR
NR
Increased
34%
31%
50%
66%
45%
42%
33%
23%
NR
NR
NR
No Change
55%
58%
39%
31%
45%
46%
38%
46%
NR
NR
31
32
29
33
34
25
30
33
35
30
35
Decreased
23%
22%
17%
12%
29%
24%
20%
21%
49%
57%
60%
Increased
39%
44%
52%
52%
35%
28%
47%
33%
20%
13%
23%
39%
34%
31%
36%
35%
48%
33%
45%
31%
30%
17%
31
32
30
34
34
26
30
33
NR
NR
NR
26%
19%
23%
12%
29%
31%
33%
27%
NR
NR
NR
Increased
55%
44%
53%
68%
44%
35%
43%
27%
NR
NR
NR
No Change
19%
38%
23%
21%
26%
35%
23%
45%
NR
NR
31
32
29
34
32
26
28
31
Capital Liquidity (%)
n=
NR
n=
No Change Capital Liquidity, Change Over Previous Year(%) Decreased
Capital-Constrained (%)
n=
n=
35
30
NR
NR 35
Both
6%
9%
3%
9%
9%
15%
25%
29%
26%
27%
31%
Debt
3%
3%
0%
0%
0%
0%
7%
16%
14%
23%
20%
Equity
19%
13%
7%
12%
19%
8%
18%
6%
20%
13%
11%
Neither
71%
75%
90%
79%
72%
77%
50%
48%
40%
37%
37%
8
6
3
4
5
26
NR
NR
NR
NR
NR
Total Capital Shortfall During the Quarter ($ MM)
$ 28.3
$ 16.6
$
7.5
$
5.8
$
8.4
$
9.5
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
$
$
2.5
$
1.4
$
1.7
$
0.4
NR
NR
NR
NR
NR 34
Capital Shortfall During the Quarter
Average Cost of Borrowed Capital
n=
n=
3.5
2.8
31
32
30
34
34
25
30
31
34
30
Decreased
6%
19%
23%
18%
21%
20%
20%
10%
21%
23%
9%
Increased
13%
9%
13%
12%
21%
8%
17%
13%
18%
17%
21%
No Change
81%
72%
63%
71%
59%
72%
63%
77%
62%
60%
71%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
41
Table IV. Results by Region Portfolio Quality IV B. All Northeast CDFIs
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
27
31
28
30
29
23
25
NR
NR
NR
NR
7.9%
11.2%
11.9%
9.1%
8.7%
7.7%
9.4%
NR
NR
NR
NR
27
31
28
30
29
23
25
30
29
27
28
31-60 days
2.3%
4.3%
2.1%
3.6%
4.0%
2.8%
2.2%
3.4%
3.8%
3.8%
2.9%
61-90 days
1.2%
1.6%
0.7%
2.0%
1.6%
1.9%
1.4%
1.3%
1.9%
1.7%
1.8%
90+ days
5.4%
5.3%
5.3%
5.0%
5.0%
3.8%
4.2%
5.2%
5.7%
6.1%
7.3%
Total
9.0%
11.2%
8.2%
10.6%
10.6%
8.5%
7.7%
9.9%
11.3%
11.6%
12.0%
26
30
24
24
27
18
NR
NR
NR
NR
NR
0.5%
14.2%
0.7%
0.6%
0.3%
26
30
24
24
27
6.7%
7.3%
8.8%
9.8%
3.8%
0.0%
NR
NR
NR
NR
27
31
28
30
29
23
25
30
29
27
28
1.9%
0.4%
0.8%
1.3%
1.0%
0.5%
0.6%
0.8%
1.7%
0.6%
1.0%
Average Loan Loss Reserve (%)
n=
Loan Loss Reserve Average Portfolio-at-Risk
Average Non-Accruals (%)
n=
n=
Non-Accruals Average Loans Restructured (%)
n=
Loans Restructured Average Net Charge-Offs (%)
n=
Net Charge-Offs Loan Loss Reserve Ratio (%)
n=
31
30
30
31
34
0.00 18 0.03
24
0.0%
NR
NR
NR
NR
NR
NR
NR
NR
NR
30
33
35
30
34
Decreased
32%
17%
27%
26%
26%
21%
13%
12%
11%
10%
18%
Increased
32%
27%
17%
32%
24%
25%
33%
39%
37%
47%
50%
No Change
35%
57%
57%
42%
50%
54%
53%
48%
51%
43%
32%
31
29
30
31
34
26
30
33
35
30
34
Decreased
Delinquency Rate (%)
n=
58%
34%
40%
35%
26%
46%
30%
15%
37%
17%
21%
Increased
16%
34%
20%
48%
29%
27%
40%
42%
29%
33%
50%
No Change
26%
31%
40%
16%
44%
27%
30%
42%
34%
50%
29%
NR
NR
NR
Delinquency Rate, Change from Previous Year n= (%) Decreased
31
29
30
30
33
26
30
33
52%
45%
50%
40%
42%
38%
30%
39%
NR
NR
NR
Increased
29%
38%
23%
47%
36%
42%
37%
33%
NR
NR
NR
No Change
19%
17%
27%
13%
21%
19%
33%
27%
NR
NR
NR
30
30
28
30
34
26
30
33
Number of Loans/Investments in Workout (%) Decreased
n=
34
30
35
20%
13%
32%
20%
18%
15%
3%
3%
9%
7%
6%
Increased
3%
23%
21%
17%
29%
42%
53%
39%
53%
37%
63%
No Change
77%
63%
46%
63%
53%
42%
43%
58%
38%
57%
31%
Number of Loans Given Term Extensions (%) n=
31
28
29
30
33
26
30
33
34
30
35
Decreased
19%
4%
21%
23%
21%
19%
7%
9%
6%
3%
3%
Increased
16%
21%
21%
17%
21%
23%
27%
18%
47%
40%
49%
No Change
65%
75%
59%
60%
58%
58%
67%
73%
47%
57%
49%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
42
Table IV. Results by Region Outlook IV B. All Northeast CDFIs
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
31
30
29
33
34
26
25
26
27
23
35
Decrease
0%
7%
0%
15%
6%
0%
4%
4%
7%
0%
3%
Increase
65%
70%
62%
48%
50%
65%
80%
58%
70%
83%
77%
No Change
35%
23%
38%
36%
44%
35%
16%
38%
22%
17%
20%
26
27
26
30
31
20
NR
NR
NR
NR
NR
Expected Demand for Financing(%)
11Q2 n=
Projected Financing Next Year (if no Capital n= Constraints) Projected Total Financing Next Year (if no Capital Constraints) (MM) Projected Average Financing Next Year (if no Capital Constraints) (MM) Projected Additional Capital Needed Next n= Year
11Q1
$ 399
$
$ 14.8
$ 14.0
14
407
10Q4
$
443
$ 16.4
19
$ 101
$
112
$ 78.7
Projected Average Capital Needed Next Year (MM)
$
$
4.1
$
Expected Change in Portfolio Quality (%)
n=
Deteriorate
30
30
333
$ 11.1
13
Projected Total Capital Needed Next Year (MM)
4.2
$
$
464
$
58
NR
NR
NR
NR
NR
$ 14.1
$
2.2
NR
NR
NR
NR
NR
16
23
0
NR
NR
NR
NR
NR
$79.4 $ 110.9
0%
NR
NR
NR
NR
NR
NR
NR
NR
NR
3.0
$2.8 $
3.3
0%
NR
30
32
34
26
25
26
29
23
34
0%
0%
7%
3%
3%
4%
48%
46%
45%
61%
59%
40%
40%
30%
31%
24%
38%
28%
15%
24%
17%
15%
60%
60%
63%
66%
74%
58%
24%
38%
31%
22%
26%
31
32
29
33
33
24
25
25
22
NR
NR
0-90 days
10%
13%
10%
6%
21%
21%
16%
16%
41%
NR
NR
91-180 days
29%
28%
28%
30%
24%
29%
32%
24%
23%
NR
NR
181-365 days
26%
31%
31%
36%
24%
33%
28%
16%
23%
NR
NR
35%
28%
31%
27%
30%
17%
24%
44%
14%
36
29
30
32
31
25
24
26
28
92%
90%
93%
91%
77%
80%
63%
65%
75%
65%
57%
8%
10%
7%
9%
23%
20%
38%
35%
25%
35%
43%
Improve No Change Days Cash on Hand (%)
n=
greater than 365 Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
NR 23
NR 35
43
Table IV. Results by Region Demand, Originations and Capital IV C. All South CDFIs
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
48
46
32
31
33
37
35
43
39
34
30
Decreased
25%
43%
41%
23%
21%
24%
23%
9%
18%
21%
10%
Increased
42%
39%
41%
55%
58%
49%
34%
51%
49%
47%
60%
No Change
33%
17%
19%
23%
21%
27%
43%
40%
33%
32%
30%
48
46
31
31
33
37
35
42
NR
NR
NR
Decreased
31%
37%
29%
35%
27%
22%
23%
17%
NR
NR
NR
Increased
56%
43%
61%
45%
61%
57%
49%
57%
NR
NR
NR
No Change
13%
20%
10%
19%
12%
22%
29%
26%
NR
NR
NR
48
46
32
31
33
37
35
42
39
34
30
Decreased
21%
50%
28%
29%
21%
35%
23%
19%
15%
26%
20%
Increased
40%
33%
56%
52%
45%
30%
31%
45%
54%
29%
57%
No Change
40%
17%
16%
19%
33%
35%
46%
36%
31%
44%
23%
NR
NR
NR
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change Over Previous Year(%)
Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
n=
48
46
31
31
33
37
35
42
27%
39%
45%
48%
30%
35%
26%
19%
NR
NR
NR
Increased
54%
48%
45%
45%
58%
35%
43%
45%
NR
NR
NR
No Change
19%
13%
10%
6%
12%
30%
31%
36%
NR
NR
39
40
30
27
30
28
23
32
33
25
25
Decreased
13%
10%
3%
11%
13%
18%
17%
25%
36%
32%
36%
Increased
33%
25%
30%
37%
23%
29%
26%
31%
18%
32%
8%
No Change
54%
65%
67%
52%
63%
54%
57%
44%
45%
36%
56%
NR
NR
NR
Ability to Access Capital (%)
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
n=
43
41
30
28
29
31
26
33
19%
10%
10%
7%
21%
23%
15%
33%
NR
NR
NR
Increased
33%
41%
50%
50%
52%
29%
46%
30%
NR
NR
NR
No Change
49%
49%
40%
43%
28%
48%
38%
36%
NR
NR
48
45
32
31
33
37
35
43
39
34
31
Decreased
25%
29%
25%
29%
39%
24%
26%
28%
33%
29%
32%
Increased
42%
31%
38%
48%
27%
32%
31%
30%
26%
32%
26%
33%
40%
38%
23%
33%
43%
43%
42%
41%
38%
42%
48
45
31
31
33
37
35
40
NR
NR
NR
29%
27%
32%
42%
33%
30%
40%
35%
NR
NR
NR
Increased
48%
47%
55%
45%
33%
32%
37%
23%
NR
NR
NR
No Change
23%
27%
13%
13%
33%
38%
23%
43%
NR
NR
47
45
32
31
33
37
35
42
Both
13%
16%
16%
19%
24%
24%
26%
29%
26%
32%
19%
Debt
9%
9%
9%
13%
3%
5%
17%
10%
13%
12%
13%
Capital Liquidity (%)
n=
NR
n=
No Change Capital Liquidity, Change Over Previous Year(%) Decreased
Capital-Constrained (%)
n=
n=
39
34
NR
NR 31
Equity
15%
13%
9%
6%
12%
16%
20%
19%
18%
9%
16%
Neither
64%
62%
66%
61%
61%
54%
37%
43%
44%
47%
52%
11
12
9
9
9
8
NR
NR
NR
NR
NR
Total Capital Shortfall During the Quarter ($ MM)
$ 16.1
$ 111.9
$ 19.8
$ 17.5
$ 25.3
$ 11.6
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
$
$
$
$
$
0.4
NR
NR
NR
NR
NR
Capital Shortfall During the Quarter
Average Cost of Borrowed Capital
n=
n=
1.3
7.5
47
44
Decreased
6%
Increased
6%
No Change
87%
2.0
1.7
2.5
32
30
30
36
34
42
39
34
31
16%
6%
13%
13%
11%
18%
14%
21%
15%
23%
9%
19%
13%
20%
8%
9%
10%
15%
12%
6%
75%
75%
73%
67%
81%
74%
76%
64%
74%
71%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
44
Table IV. Results by Region Portfolio Quality IV C. All South CDFIs
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
34
39
27
24
24
32
32
NR
NR
NR
NR
9.7%
8.9%
10.4%
10.0%
9.7%
8.8%
7.1%
NR
NR
NR
NR
34
39
27
24
24
32
32
34
29
30
26
31-60 days
1.3%
1.9%
1.6%
1.5%
3.5%
2.7%
2.5%
2.6%
2.3%
2.3%
2.8%
61-90 days
0.7%
0.6%
0.7%
0.6%
2.1%
2.7%
1.4%
1.5%
1.5%
1.5%
2.2%
90+ days
3.6%
3.6%
4.2%
6.7%
6.1%
6.7%
4.5%
7.0%
9.0%
5.2%
9.9%
Total
5.6%
6.2%
6.5%
8.8%
11.7%
12.1%
8.4%
11.0%
12.8%
8.9%
15.0%
34
39
20
17
20
23
NR
NR
NR
NR
NR
1.3%
1.1%
1.8%
0.8%
1.3%
34
39
20
17
20
3.2%
4.2%
5.0%
4.4%
4.6%
0.0%
NR
NR
NR
NR
34
39
27
24
24
32
32
34
29
30
26
0.7%
0.6%
1.0%
0.6%
0.9%
0.8%
1.7%
0.6%
0.6%
0.4%
1.7%
Average Loan Loss Reserve (%)
n=
Loan Loss Reserve Average Portfolio-at-Risk
Average Non-Accruals (%)
n=
n=
Non-Accruals Average Loans Restructured (%)
n=
Loans Restructured Average Net Charge-Offs (%)
n=
Net Charge-Offs Loan Loss Reserve Ratio (%)
n=
45
42
32
30
33
0.01 23 0.03
37
0.0%
NR
NR
NR
NR
NR
NR
NR
NR
NR
35
43
39
34
31
Decreased
20%
33%
22%
30%
18%
11%
26%
14%
13%
12%
6%
Increased
42%
38%
34%
43%
45%
46%
29%
44%
41%
50%
52%
No Change
38%
29%
44%
27%
36%
43%
46%
42%
46%
38%
42% 31
45
42
32
29
33
37
34
43
38
34
Decreased
Delinquency Rate (%)
n=
31%
43%
47%
38%
33%
32%
35%
19%
26%
15%
0%
Increased
18%
17%
25%
28%
27%
35%
35%
33%
37%
29%
48%
No Change
51%
40%
28%
34%
39%
32%
29%
49%
37%
56%
52%
NR
NR
NR
Delinquency Rate, Change from Previous Year n= (%) Decreased
45
42
31
28
33
37
35
42
44%
43%
58%
39%
42%
22%
23%
19%
NR
NR
NR
Increased
22%
31%
32%
43%
36%
46%
60%
50%
NR
NR
NR
No Change
33%
26%
10%
18%
21%
32%
17%
31%
NR
NR
NR
43
42
31
29
32
37
34
43
39
Number of Loans/Investments in Workout (%) Decreased
n=
34
30
21%
10%
16%
21%
6%
14%
9%
12%
10%
9%
10%
Increased
14%
24%
42%
21%
38%
30%
41%
42%
46%
41%
63%
No Change
65%
67%
42%
59%
56%
57%
50%
47%
44%
50%
27%
Number of Loans Given Term Extensions (%) n=
45
42
32
30
33
37
34
43
39
34
31
Decreased
13%
7%
9%
27%
24%
14%
12%
5%
10%
9%
6%
Increased
11%
17%
38%
20%
24%
22%
35%
40%
44%
35%
55%
No Change
76%
76%
53%
53%
52%
65%
53%
56%
46%
56%
39%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
45
Table IV. Results by Region Outlook IV C. All South CDFIs
09Q3
09Q2
09Q1
08Q4
45
42
32
30
32
36
25
26
27
23
30
Decrease
4%
2%
6%
7%
0%
3%
4%
4%
7%
0%
7%
Increase
69%
69%
69%
73%
78%
64%
80%
58%
70%
83%
83%
No Change
27%
29%
25%
20%
22%
33%
16%
38%
22%
17%
10%
33
39
29
26
28
28
NR
NR
NR
NR
NR
565
$ 105
NR
NR
NR
NR
NR
$
NR
NR
NR
NR
NR
Expected Demand for Financing(%)
11Q2 n=
Projected Financing Next Year (if no Capital n= Constraints) Projected Total Financing Next Year (if no Capital Constraints) (MM) Projected Average Financing Next Year (if no Capital Constraints) (MM) Projected Additional Capital Needed Next n= Year
11Q1
$ 476
$
$ 14.4
$ 22.1
26
862
$ 156
$
Projected Average Capital Needed Next Year (MM)
$
4.9
$ 10.4
45
42
n=
Deteriorate
$
386
586
$ 20.2
31
Projected Total Capital Needed Next Year (MM)
Expected Change in Portfolio Quality (%)
10Q4
10Q3
$
$ 19.4
23 $ 151.8 $
504
10Q2
$
$ 17.1
21
10Q1
2.9
09Q4
22
NR
NR
NR
NR
NR
NR
$167.7 $ 198.0
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
5.4
$6.4 $
6.0
32
30
33
37
25
26
29
23
30
9%
12%
6%
3%
12%
5%
48%
46%
45%
61%
30%
42%
50%
59%
40%
45%
38%
28%
15%
24%
17%
37%
49%
38%
34%
57%
42%
57%
24%
38%
31%
22%
33%
47
44
31
31
32
36
25
25
22
NR
NR
9%
7%
10%
6%
13%
11%
16%
16%
41%
NR
NR
91-180 days
21%
27%
19%
29%
22%
39%
32%
24%
23%
NR
NR
181-365 days
32%
34%
29%
23%
22%
31%
28%
16%
23%
NR
NR
38%
32%
42%
42%
44%
19%
24%
44%
14%
36
42
32
30
33
36
24
26
28
Improve No Change Days Cash on Hand (%)
n=
0-90 days
greater than 365 Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
NR 23
NR 30
92%
83%
78%
87%
76%
81%
63%
65%
75%
65%
63%
8%
17%
22%
13%
24%
19%
38%
35%
25%
35%
37%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
46
Table IV. Results by Region Demand, Originations and Capital IV D. All West CDFIs
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
30
34
23
27
29
18
31
25
26
23
30
Decreased
27%
29%
48%
30%
28%
17%
32%
28%
12%
9%
20%
Increased
50%
41%
26%
37%
48%
56%
58%
60%
85%
83%
67%
No Change
23%
29%
26%
33%
24%
28%
10%
12%
4%
9%
13%
30
34
23
27
27
17
30
25
Decreased
37%
38%
26%
30%
37%
12%
23%
32%
NR
NR
NR
Increased
47%
44%
57%
41%
37%
71%
67%
52%
NR
NR
NR
No Change
17%
18%
17%
30%
26%
18%
10%
16%
NR
NR
NR
30
34
23
27
29
18
31
25
27
24
30
Decreased
17%
38%
43%
37%
28%
39%
32%
28%
11%
29%
30%
Increased
70%
26%
43%
30%
48%
44%
45%
44%
59%
42%
43%
No Change
13%
35%
13%
33%
24%
17%
23%
28%
30%
29%
27%
NR
NR
NR
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change Over Previous Year(%)
Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
n=
NR
NR
30
34
23
27
29
17
30
25
30%
38%
35%
22%
41%
24%
30%
40%
NR
NR
NR
Increased
50%
50%
39%
44%
38%
59%
53%
32%
NR
NR
NR
No Change
20%
12%
26%
33%
21%
18%
17%
28%
NR
NR
27
26
19
24
23
12
26
16
18
17
24
Decreased
11%
23%
5%
8%
22%
8%
35%
38%
39%
47%
46%
Increased
22%
27%
37%
54%
17%
42%
12%
6%
17%
18%
21%
No Change
67%
50%
58%
38%
61%
50%
54%
56%
44%
35%
33%
NR
NR
NR
Ability to Access Capital (%)
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
NR
n=
23
27
20
24
25
14
22
18
17%
15%
20%
13%
24%
14%
32%
28%
NR
NR
NR
Increased
30%
48%
55%
54%
32%
36%
14%
17%
NR
NR
NR
No Change
52%
37%
25%
33%
44%
50%
55%
56%
NR
NR
29
33
22
26
28
18
31
25
27
24
31
Decreased
31%
30%
36%
15%
29%
17%
23%
28%
41%
29%
39%
Increased
38%
21%
41%
54%
25%
50%
35%
28%
19%
38%
32%
31%
48%
23%
31%
46%
33%
42%
44%
41%
33%
29%
29
32
22
26
28
17
31
25
NR
NR
NR
52%
25%
23%
19%
25%
29%
29%
40%
NR
NR
NR
Increased
34%
53%
50%
50%
39%
41%
32%
28%
NR
NR
NR
No Change
14%
22%
27%
31%
36%
29%
39%
32%
NR
NR
30
34
23
27
29
17
31
25
Both
3%
15%
4%
11%
14%
0%
6%
16%
11%
13%
26%
Debt
0%
3%
0%
4%
7%
6%
10%
8%
19%
17%
16%
Capital Liquidity (%)
n=
NR
n=
No Change Capital Liquidity, Change Over Previous Year(%) Decreased
Capital-Constrained (%)
n=
n=
27
24
NR
NR 31
Equity
7%
6%
0%
4%
3%
0%
23%
12%
15%
13%
6%
Neither
90%
76%
96%
81%
76%
94%
61%
64%
56%
58%
52%
2
6
1
4
3
-
NR
NR
NR
NR
NR
Capital Shortfall During the Quarter
n=
Total Capital Shortfall During the Quarter ($ MM)
$
2.3
$
8.2
$
2.0
$
1.7
$
3.1
$
-
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
1.2
$
1.2
$
2.0
$
0.3
$
0.6
$
-
NR
NR
NR
NR
NR 30
Average Cost of Borrowed Capital
n=
30
33
23
27
29
18
30
23
27
23
Decreased
7%
12%
4%
7%
7%
11%
20%
0%
11%
13%
7%
Increased
7%
18%
9%
7%
3%
17%
10%
0%
11%
9%
17%
No Change
87%
70%
87%
85%
90%
72%
70%
100%
78%
78%
77%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
47
Table IV. Results by Region Portfolio Quality IV D. All West CDFIs
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
23
28
19
25
22
14
25
NR
NR
NR
NR
7.0%
7.0%
6.4%
7.0%
13.8%
9.6%
9.2%
NR
NR
NR
NR
23
28
19
25
22
14
25
20
23
21
25
31-60 days
1.0%
1.5%
1.7%
2.1%
1.9%
1.4%
3.4%
2.0%
2.2%
1.6%
2.5%
61-90 days
0.4%
1.1%
1.0%
1.2%
1.4%
1.5%
1.5%
1.2%
0.7%
2.0%
0.7%
90+ days
2.3%
3.3%
2.0%
3.4%
1.6%
3.1%
3.4%
2.8%
4.0%
3.8%
3.9%
Total
3.7%
5.9%
4.7%
6.8%
4.8%
5.9%
8.3%
6.0%
7.0%
7.3%
7.1%
23
28
17
22
21
11
NR
NR
NR
NR
NR
0.8%
1.3%
1.8%
2.1%
3.5%
23
28
17
22
21
6.5%
5.0%
10.6%
8.4%
5.9%
0.0%
NR
NR
NR
NR
23
28
19
25
22
14
25
20
23
21
25
0.3%
0.4%
0.6%
0.5%
0.8%
0.7%
1.2%
1.1%
0.4%
0.5%
2.5%
Average Loan Loss Reserve (%)
n=
Loan Loss Reserve Average Portfolio-at-Risk
Average Non-Accruals (%)
n=
n=
Non-Accruals Average Loans Restructured (%)
n=
Loans Restructured Average Net Charge-Offs (%)
n=
Net Charge-Offs Loan Loss Reserve Ratio (%)
n=
28
30
21
25
28
0.01 11 0.05
18
0.0%
NR
NR
NR
NR
NR
NR
NR
NR
NR
29
24
26
23
30
Decreased
25%
27%
24%
32%
29%
11%
14%
13%
15%
9%
3%
Increased
36%
43%
33%
32%
25%
44%
41%
58%
31%
48%
43%
No Change
39%
30%
43%
36%
46%
44%
45%
29%
54%
43%
53% 30
29
32
22
26
29
18
30
24
26
23
Decreased
Delinquency Rate (%)
n=
48%
53%
45%
38%
28%
17%
27%
29%
35%
26%
3%
Increased
24%
25%
41%
31%
31%
44%
40%
46%
15%
48%
67%
No Change
28%
22%
14%
31%
41%
39%
33%
25%
50%
26%
30%
NR
NR
NR
Delinquency Rate, Change from Previous Year n= (%) Decreased
29
31
22
26
29
16
30
24
41%
61%
41%
38%
41%
31%
17%
13%
NR
NR
NR
Increased
41%
23%
36%
31%
34%
50%
70%
54%
NR
NR
NR
No Change
17%
16%
23%
31%
24%
19%
13%
33%
NR
NR
NR
29
31
23
25
28
18
31
25
Number of Loans/Investments in Workout (%) Decreased
n=
27
24
31
14%
26%
26%
20%
7%
6%
10%
8%
7%
13%
0%
Increased
17%
19%
26%
24%
32%
44%
58%
40%
44%
42%
45%
No Change
69%
55%
48%
56%
61%
50%
32%
52%
48%
46%
55%
Number of Loans Given Term Extensions (%) n=
28
31
22
25
29
17
30
24
26
23
30
Decreased
14%
10%
9%
4%
14%
24%
7%
8%
8%
0%
0%
Increased
18%
23%
18%
20%
21%
41%
60%
33%
58%
39%
50%
No Change
68%
68%
73%
76%
66%
35%
33%
58%
35%
61%
50%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
48
Table IV. Results by Region Outlook IV D. All West CDFIs
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
29
33
23
27
29
18
25
26
27
23
31
Decrease
3%
3%
0%
0%
0%
11%
4%
4%
7%
0%
3%
Increase
62%
58%
65%
56%
59%
83%
80%
58%
70%
83%
84%
No Change
34%
39%
35%
44%
41%
6%
16%
38%
22%
17%
13%
26
28
21
21
24
14
NR
NR
NR
NR
NR
Expected Demand for Financing(%)
11Q2 n=
Projected Financing Next Year (if no Capital n= Constraints) Projected Total Financing Next Year (if no Capital Constraints) (MM) Projected Average Financing Next Year (if no Capital Constraints) (MM) Projected Additional Capital Needed Next n= Year
11Q1
$ 484
$
$ 18.6
$ 14.3
21
416
$ 154
$
95
Projected Average Capital Needed Next Year (MM)
$
$
3.2
Expected Change in Portfolio Quality (%)
n=
30
$
33
10Q3
10Q2
337
$
199
$
318
$
49
NR
NR
NR
NR
NR
$ 16.0
$
8.6
$ 11.8
$
2.9
NR
NR
NR
NR
NR
17
Projected Total Capital Needed Next Year (MM)
6.7
10Q4
13 $ 61.5 $
15
17
NR
NR
NR
NR
NR
NR
$47.7 $ 89.8
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
2.9
$2.1 $
3.3
22
27
29
18
25
26
29
23
30
Deteriorate
10%
6%
9%
4%
7%
17%
48%
46%
45%
61%
43%
Improve
23%
42%
36%
37%
38%
39%
28%
15%
24%
17%
23%
67%
52%
55%
59%
55%
44%
24%
38%
31%
22%
33%
30
31
22
26
28
18
25
25
22
NR
NR
0-90 days
20%
13%
9%
23%
7%
11%
16%
16%
41%
NR
NR
91-180 days
33%
23%
14%
27%
25%
17%
32%
24%
23%
NR
NR
181-365 days
20%
26%
36%
15%
32%
67%
28%
16%
23%
NR
NR
27%
39%
41%
35%
36%
6%
24%
44%
14%
36
31
22
26
28
18
24
26
28
92%
94%
91%
88%
86%
78%
63%
65%
75%
65%
71%
8%
6%
9%
12%
14%
22%
38%
35%
25%
35%
29%
No Change Days Cash on Hand (%)
n=
greater than 365 Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
NR 23
NR 28
49
Table V: Trend Analysis All Summary V. Results for Trend Respondents
11Q2
All
Type
51
n=
51
Banks
0%
Credit Unions
2%
Loan Funds
94%
Venture Funds
Financing Sector
4%
n=
Business
51 29%
Commercial Real Estate
8%
Community Services
8%
Consumer
2%
Housing to Individuals
8%
Housing to Organizations
35%
Intermediary
0%
Microenterprise
10%
Multiple/Other
0%
Urban/Rural Market
n=
51
Equally Rural/Urban
20%
Primarily Rural
25%
Primarily Urban
55%
Region
n=
51
Midwest
24%
Northeast
24%
South*
35%
West
18%
Asset Size
n=
51
Assets > $50MM
35%
Assets between $10-50MM
35%
Assets < $10MM
29%
* Includes Puerto Rico.
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
50
Table V: Trend Analysis Demand, Originations and Capital V. Results for Trend Respondents
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
51
51
51
51
51
51
51
51
49
49
Decreased
33%
39%
41%
33%
18%
20%
35%
24%
14%
20%
Increased
47%
41%
39%
37%
63%
47%
31%
49%
59%
59%
No Change
20%
20%
20%
29%
20%
33%
33%
27%
27%
20%
51
51
51
50
50
51
50
50
NR
NR
Decreased
37%
33%
31%
34%
28%
20%
24%
28%
NR
NR
Increased
47%
43%
61%
42%
44%
53%
50%
56%
NR
NR
No Change
16%
24%
8%
24%
28%
27%
26%
16%
NR
NR
51
51
51
51
51
51
51
50
51
51
Decreased
25%
37%
33%
43%
20%
45%
33%
24%
10%
37%
Increased
53%
51%
59%
33%
49%
31%
39%
52%
63%
37%
No Change
22%
12%
8%
24%
31%
24%
27%
24%
27%
25%
NR
NR
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change from Previous Year (%)
Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change from Previous Year (%) Decreased
n=
n=
n=
51
51
51
51
51
51
51
50
37%
27%
41%
39%
33%
39%
35%
40%
NR
NR
Increased
49%
63%
47%
37%
47%
41%
47%
38%
NR
NR
No Change
14%
10%
12%
24%
20%
20%
18%
22%
NR
47
44
49
45
46
43
41
45
45
40
Decreased
6%
18%
8%
4%
7%
9%
20%
13%
24%
30%
Increased
34%
18%
27%
40%
30%
26%
24%
22%
22%
25%
No Change
60%
64%
65%
56%
63%
65%
56%
64%
53%
45%
NR
NR
Ability to Access Capital (%)
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
n=
47
47
48
48
46
45
45
45
13%
15%
13%
6%
17%
18%
27%
16%
NR
NR
Increased
36%
30%
46%
58%
54%
31%
29%
33%
NR
NR
No Change
51%
55%
42%
35%
28%
51%
44%
51%
NR
51
51
49
50
50
51
51
51
50
50
Decreased
18%
27%
29%
22%
34%
24%
25%
27%
36%
36%
Increased
45%
35%
41%
48%
30%
37%
31%
37%
16%
32%
37%
37%
31%
30%
36%
39%
43%
35%
48%
32%
51
50
50
50
50
51
51
49
NR
NR
35%
30%
30%
28%
28%
35%
31%
35%
NR
NR
Increased
49%
44%
50%
52%
42%
37%
43%
39%
NR
NR
No Change
16%
26%
20%
20%
30%
27%
25%
27%
NR
51
51
51
51
50
51
51
51
Capital Liquidity (%)
n=
NR
n=
No Change Capital Liquidity, Change from Previous Year (%) Decreased
Capital-Constrained (%)
n=
n=
51
NR
NR 51
Both
8%
6%
6%
10%
10%
22%
20%
22%
18%
24%
Debt
2%
4%
4%
6%
6%
4%
14%
14%
20%
22%
Equity
14%
16%
10%
8%
18%
14%
24%
20%
12%
10%
Neither
76%
75%
80%
76%
66%
61%
43%
45%
51%
45%
7
11
9
10
10
6
NR
NR
NR
NR
Total Capital Shortfall During the Quarter ($ MM)
$ 26.4
$ 51.1
$ 18.5
$ 13.7
$ 32.0
$
3.2
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
$
$
$
$
$
0.5
NR
NR
NR
NR
Capital Shortfall During the Quarter
Average Cost of Borrowed Capital
n=
n=
3.8
4.6
2.1
1.4
3.2
51
51
50
51
50
50
50
49
51
50
Decreased
8%
12%
14%
12%
14%
12%
24%
14%
20%
10%
Increased
6%
18%
18%
14%
14%
10%
16%
10%
14%
24%
No Change
86%
71%
68%
75%
72%
78%
60%
76%
67%
66%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
51
Table V: Trend Analysis Portfolio Quality V. Results for Trend Respondents
11Q2
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
49
49
46
48
42
47
49
NR
NR
8.5%
8.8%
8.3%
8.8%
8.5%
7.7%
7.4%
NR
NR
NR
49
49
46
48
42
47
49
48
48
48
31-60 days
1.0%
1.6%
1.7%
1.8%
2.6%
1.7%
2.1%
1.9%
2.4%
2.7%
61-90 days
0.7%
1.0%
0.8%
0.5%
1.6%
1.5%
1.1%
0.8%
1.5%
1.9%
90+ days
4.0%
3.9%
3.8%
5.2%
4.7%
4.5%
4.8%
5.2%
5.5%
4.7%
Total
5.7%
6.6%
6.3%
7.5%
9.0%
7.7%
8.1%
7.8%
9.3%
9.3%
48
48
39
43
39
38
NR
NR
NR
NR
1.0%
0.5%
1.3%
1.1%
1.4%
48
48
39
43
39
8.4%
6.3%
9.6%
7.5%
4.5%
NR
NR
NR
NR
49
49
46
48
42
47
49
NR
NR
NR
0.5%
0.3%
0.9%
0.6%
0.6%
0.4%
1.2%
NR
49
50
Average Loan Loss Reserve (%)
n=
Loan Loss Reserve Average Portfolio-at-Risk
Average Non-Accruals (%)
n=
n=
Non-Accruals Average Loans Restructured (%) Loans Restructured Average Net Charge-Offs (%)
n=
Net Charge-Offs Loan Loss Reserve Ratio (%)
n=
50
49
49
49
50
0.01 38 0.04
51
09Q1 NR
NR
NR
NR
NR
NR
NR
NR
NR
NR 50
NR 50
Decreased
38%
27%
27%
43%
22%
22%
24%
18%
20%
16%
Increased
38%
37%
35%
33%
46%
35%
31%
42%
34%
46%
No Change
24%
37%
39%
24%
32%
43%
45%
40%
46%
38%
50
50
50
49
51
51
50
50
50
50
Decreased
Delinquency Rate (%)
n=
52%
40%
46%
35%
39%
37%
34%
26%
34%
24%
Increased
14%
28%
24%
35%
27%
31%
44%
38%
32%
40%
No Change
34%
32%
30%
31%
33%
31%
22%
36%
34%
36%
50
50
50
49
51
50
50
49
NR
NR
Delinquency Rate, Change from Previous Year n= (%) Decreased
44%
42%
44%
43%
41%
32%
32%
27%
NR
NR
Increased
8%
38%
36%
35%
39%
42%
54%
47%
NR
NR
No Change
26%
20%
20%
22%
20%
26%
14%
27%
NR
NR
50
50
49
49
50
51
51
51
50
50
Number of Loans/Investments in Workout (%) Decreased
n=
22%
18%
24%
22%
12%
16%
8%
12%
10%
12%
Increased
12%
22%
24%
27%
34%
39%
45%
41%
50%
46%
No Change
66%
60%
51%
51%
54%
45%
47%
47%
40%
42%
Number of Loans Given Term Extensions (%) n=
49
49
49
49
51
49
49
50
49
49
Decreased
20%
12%
24%
24%
24%
24%
14%
12%
12%
14%
Increased
20%
22%
27%
18%
25%
27%
39%
28%
37%
39%
No Change
59%
65%
49%
57%
51%
49%
47%
60%
51%
47%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
52
Table V: Trend Analysis Outlook V. Results for Trend Respondents
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
51
50
51
51
50
51
51
50
49
50
Decrease
0%
4%
2%
4%
0%
2%
4%
4%
4%
4%
Increase
65%
64%
63%
61%
66%
76%
65%
60%
71%
64%
No Change
35%
32%
35%
35%
34%
22%
31%
36%
24%
32%
48
48
44
50
6
NR
NR
NR
NR
$ 1,271
$ 1,222
$ 1,097
$ 1,236
$
3
NR
NR
NR
NR
$ 26.5
$ 25.4
$ 24.9
$ 24.7
$
0.5
NR
NR
NR
NR
Expected Demand for Financing(%)
11Q2 n=
Projected Financing Next Year (if no Capital n= 42 Constraints) Projected Total Financing Next Quarter (if no Capital $ 1,140 Constraints) (MM) Projected Average Financing Next Quarter (if no $ 27.1 Capital Constraints) (MM) Projected Additional Capital Needed Next n= 38 Year
11Q1
10Q4
46
46
Projected Total Capital Needed Next Year (MM)
$ 235
$
358
$ 225.2
Projected Average Capital Needed Next Year (MM)
$
$
7.8
$
Expected Change in Portfolio Quality (%)
n=
Deteriorate
6.2 51
50
10Q3
43
50
6
NR
NR
NR
NR
$258.8 $ 326.4
316%
NR
NR
NR
NR
NR
NR
NR
4.9
$6.0 $
6.5
45%
NR
51
50
51
51
51
49
49
50
4%
6%
4%
4%
10%
10%
16%
16%
10%
24%
33%
32%
43%
38%
33%
43%
29%
31%
35%
24%
63%
62%
53%
58%
57%
47%
55%
53%
55%
52%
51
50
50
50
48
50
49
44
NR
NR
6%
10%
12%
8%
15%
14%
12%
7%
NR
NR
91-180 days
22%
22%
24%
22%
27%
26%
20%
32%
NR
NR
181-365 days
29%
24%
30%
34%
25%
34%
35%
30%
NR
NR
43%
44%
34%
36%
33%
26%
33%
32%
51
49
50
50
50
51
50
46
Improve No Change Days Cash on Hand (#)
n=
0-90 days
greater than 365 Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
NR 49
NR 50
90%
88%
90%
88%
72%
82%
76%
74%
78%
74%
10%
12%
10%
12%
28%
18%
24%
26%
22%
26%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II - Detailed Tables
53
Appendices Appendix I. Methodology and Changes in the Survey Questions OFN distributed the online survey to more than 900 CDFIs. A total of 137 CDFIs responded to the survey in July and August, 2011. OFN contacted respondents to clarify responses and provide additional data when necessary. Portfolio Quality: We analyze portfolio quality data in two ways. First we analyze the averages per respondent. This methodology weighs each CDFI equally regardless of size. We also analyze the portfolio quality of the respondents as a whole. This analysis, provided in the section titled “Comparison to FDIC-Insured Institutions”, gives greater weight to larger CDFIs and lesser weight to smaller CDFIs. Starting in the fourth quarter of 2010, we revised the format of Table 1) CDFI Industry Portfolio Performance to present the delinquency categories more consistently with the format used by the FDIC by including nonaccruals in the greater than 90 day category. Annualized Quarterly Net Charge-Offs: We annualize the quarterly net charge-off amounts using the FDIC Quarterly Banking Profile moving averages methodology as follows:
For the denominator in each ratio (loans outstanding), the FDIC uses a rolling average based on a maximum of 5 quarters. The averages for each quarter are: 1st Q = average (4thQ previous year, 1stQ); 2nd Q = average (4thQ previous year, 1stQ, 2ndQ); 3rd Q = average (4thQ previous year, 1stQ, 2ndQ, 3rdQ); and 4th Q = average (4thQ previous year, 1stQ, 2ndQ, 3rdQ, 4thQ). For the numerator, sum the dollar amounts from the first quarter through the current quarter. For the first quarter, divide by .25, for the second quarter divide by .5, for the third quarter divide by .75.
There were no changes in the 2nd Quarter 2011 survey from the previous quarter’s survey.
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II – Detailed Tables
54
Appendix II. Definitions of Categories A.
Asset Categories
Small: Less than $10 million in assets Medium: $10 million to $50 million in assets Large: Greater than $50 million in assets
B.
Financing Sectors
Business: Business financing includes financing to for-profit and non-profit businesses that have more than five employees OR financing in an amount greater than $25,000 for the purpose of expansion, working capital, equipment purchase/rental. Commercial Real Estate: Business financing includes financing for construction, rehabilitation, acquisition or expansion of non-residential property used for office, retail, or industrial purposes. Community Services: Community Services financing includes financing to community service organizations such as human and social service agencies, advocacy organizations, cultural/religious organizations, health care providers, and child care/education providers, regardless of tax status. Uses include acquisition, construction, renovation, leasehold improvement, and expansion loans as well as working capital loans and lines of credit. Consumer: Consumer includes all personal (secured and unsecured) loans to individuals for health, education, emergency, debt consolidation, transportation, and consumer purposes. Housing to Organizations: Housing financing to organizations includes all housing financing to organizations such as predevelopment, acquisition, construction, renovation, lines of credit, working capital, and mortgage loans to support the development of rental housing, service-enriched housing, transitional housing, and/or residential housing. Housing to Individuals: Housing financing to individuals includes loans to individuals to support homeownership and home improvement. All home equity loans are classified based upon the purpose of the loan (e.g. a home equity loan that helps the borrower start or expand a business would be classified under Business, a home equity loan that is used to pay for a child's college tuition would be classified under Consumer.) Microenterprise: Microenterprise financing includes financing to for-profit and non-profit businesses that have five or fewer employees (including proprietor), and with a maximum loan/investment of $35,000. This financing may be for the purpose of start up, expansion, working capital, equipment purchase/rental or commercial real estate development or improvement. Intermediary: Intermediaries provide financing to other CDFIs. Other: Other includes any activities not covered in the sectors defined here (includes financing to other CDFIs).
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II – Detailed Tables
55
C. Regions and Divisions Regions and divisions are defined by the Census Bureau, with the exception of Puerto Rico. In this report, Puerto Rico is included in the South region (South Atlantic Division). Midwest Region (12 states) East North Central Division: Illinois, Indiana, Michigan, Ohio, Wisconsin West North Central Division: Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota Northeast Region (9 states) New England Division: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont Middle Atlantic Division: New Jersey, New York, Pennsylvania South Region (17 states) South Atlantic Division: Delaware, District of Columbia, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, West Virginia, and Puerto Rico. East South Central Division: Alabama, Kentucky, Mississippi, Tennessee West South Central Division: Arkansas, Louisiana, Oklahoma, Texas West Region (13 states) Mountain: Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, Wyoming Pacific Division: Alaska, California, Hawaii, Oregon, Washington
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II – Detailed Tables
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Appendix III. List of CDFIs Participating in the OFN Market Conditions Survey A. All Respondents, 2ndQ11
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59
Organization Name ACCION New Mexico-Arizona-Colorado ACCION Texas Louisiana ACCION USA, Inc. Aleutian Financial, Inc. Alternatives Federal Credit Union ACE - Access to Capital for Entrepreneurs p p Appalachian Development Alliance Arcata Economic Development Corporation Baltimore Community Lending BOC Capital Corporation Border Federal Credit Union Boston Community Capital Loan Fund Brazos Valley CDC, Inc. Business Carolina, Inc. Calvert C l t Social S i l Investment I t t Foundation F d ti Cen-Tex Certified Community Development Corp. Century Housing Corporation Chautaqua Opportunities for Development Chicago Community Loan Fund Cincinnati Development Fund Citizen Potawatomi Community Development Corporation Capital Fund Services Clearinghouse Community Development Financial Institution Coastal Enterprises, Inc. Community Assets for People LLC Community Capital of Vermont Entrepreneur Works Fund Community Concepts Financial Corporation Community First Fund Community Investment Corporation Community Reinvestment Fund USA, Inc Community Resource Group Community Trust Federal Credit Union Cooperative Business Assistance Corporation Cooperative Fund of New England, Inc. Corporation for Supportive Housing Choctaw Federal Credit Union The Disability Opportunity Fund Economic Opportunities Fund (EOF) El Paso Collaborative for Community and Economic Development Enterprise Community Loan Fund, Inc. Fallon County Federal Credit Union Federation of Appalachian Housing Enterprises, Inc. (FAHE) First Nations Oweesta Corporation First State Community Loan Fund Florida Community Loan Fund, Inc. Foss Avenue Baptist Church Federal Credit Union Genesis Community Loan Fund Frontier Housing, Inc. Greater Kinston Credit Union Greater Minnesota Housing Fund Grow America Fund, Inc. Hawaii Community Reinvestment Corporation Home Headquarters, Inc. HomeSight Homewise, Inc. Housing Assistance Council, Council Inc. Inc Housing Partnership Fund, The Howland-Enfield FCU
Asset Group Medium Medium Medium Small Large Small Small Small Medium Small Small Large Small Medium Large L Small Large Small Medium Large Medium Medium Large Large Small Small Small Small Medium Large Large Medium Small Medium Small Large Small Small Small Large Large Small Medium Small Small Medium Small Small Medium Medium Large Large Medium Medium Large Large Large Small Small
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II – Detailed Tables
Primary Type of Financing Microenterprise Microenterprise Microenterprise Housing to Individuals Housing to Individuals Microenterprise p Intermediary Business Housing to Organizations Microenterprise Consumer Housing to Organizations Housing to Individuals Commercial Real Estate Intermediary I t di Business Housing to Organizations Microenterprise Housing to Organizations Housing to Organizations Business Housing to Organizations Housing to Organizations Business Business Microenterprise Microenterprise Community Services/Facilities Business Commercial Real Estate Business Community Services/Facilities Consumer Business Business Housing to Organizations Consumer Housing to Organizations Business Community Services/Facilities Housing to Organizations Housing to Individuals Housing to Organizations Intermediary Business Housing to Organizations Consumer Housing to Organizations Housing to Individuals Consumer Housing to Organizations Business Housing to Organizations Housing to Individuals Housing to Individuals Housing to Individuals Housing to Individuals Housing to Organizations Consumer
Region West South Northeast West Northeast South South West South Northeast West Northeast South South South S th South West Northeast Midwest Midwest South Midwest West Northeast Midwest Northeast Northeast Northeast Northeast Midwest Midwest South South Northeast South Northeast South Northeast Northeast South West South Midwest South South Midwest Northeast South South Midwest Northeast West Northeast West West South Northeast Northeast
57
Appendix III. List of CDFIs Participating in the OFN Market Conditions Survey A. All Respondents, 2ndQ11
60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117
Asset Group Organization Name Institute for Community Economics, Inc. (ICE) Small Illinois Facilities Fund (IFF) Large Impact Seven, Inc. Large Indian Land Capital Company Small Industrial Credit Union Large Initiative Foundation Medium Guadalupe Center FCU Large Kentucky Highlands Investment Corporation Large Lakota Fund, The Small Latino Economic Development Corporation (LEDC) Large Opportunity Fund Medium Local Initiatives Support Corporation Large Latino Economic Development Center Small Low Income Investment Fund Large Lowcountry Housing Small L t H i Trust T t S ll Lumbee Revitalization & Community Development, Inc. Small Mountain Association for Community Economic Development, Inc. (MACED) Medium MaineStream Finance Small Metropolitan Economic Development Association Small Midwest Housing Development Fund, Inc. Small Mile High Community Loan Fund Medium Midwest Minnesota Community Development Corporation (MMCDCMedium (MMCDCMedium Mountain BizWorks Small Mortgage Financial concepts Small National Housing Trust Community Development Fund Small Natural Capital Investment Fund Small NCALL Research, Inc. Small NCB Capital Impact Large NCP Community Development Federal Credit Union Small Nebraska Enterprise Fund Small Nehemiah Community Reinvestment Fund Medium NeighborWorks Columbus Small Neighborhood Housing Services of Chicago, Inc. Medium Neighborhood Housing Services, Inc. Small Neighborhood Lending Partners of West Florida Medium NeighborWorks Capital Medium New Hampshire Community Loan Fund, Inc. Large New Jersey Community Capital Loan Fund Large NeighborWorks Montana Medium New Mexico Community Capital Small New Mexico Community Development Loan Fund, The Medium North Carolina Community Development Initiative Small Northeast Entrepreneur Fund, Inc. Small Northern California Community Loan Fund Medium Northern Economic Initiatives Corporation Small Northland Foundation Large Ohio Capital Finance Corporation Medium Opportunities Credit Union Medium Partners for the Common Good Medium People Inc., (Southwest Virginia CDFI) Small PeopleFund Medium Progress Fund, The Medium Rising Tide Community Loan Fund Small Rural Community Assistance Corporation (RCAC) Large Rural Electric Economic Development, Inc. (REED) Medium ROC Capital Capital, USA Medium Seattle Economic Development Fund Medium Seedco Financial Services, Inc. Large
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II – Detailed Tables
Primary Type of Financing Housing to Organizations Community Services/Facilities Business Intermediary Consumer Business Consumer Business Microenterprise Business Microenterprise Housing to Organizations Microenterprise Housing to Organizations Housing Organizations H i to t O i ti Microenterprise
Region South Midwest Midwest Midwest West Midwest West South Midwest South West Northeast Midwest West South S th South
Business Housing to Individuals Business Housing to Organizations Housing to Organizations Business Microenterprise Housing to Individuals Housing to Organizations Business Community Services/Facilities Community Services/Facilities Consumer Intermediary Housing to Organizations Housing to Individuals Housing to Individuals Housing to Individuals Commercial Real Estate Housing to Organizations Housing to Organizations Commercial Real Estate Housing to Individuals Business Microenterprise Housing to Organizations Microenterprise Housing to Organizations Microenterprise Business Housing to Organizations Business Community Services/Facilities Business Business Business Microenterprise Housing to Organizations Business Housing to Organizations Business Business
South Northeast Midwest Midwest West Midwest South West South South South South South Midwest West South Midwest West South South Northeast Northeast West West West South Midwest West Midwest Midwest Midwest Northeast South South South Northeast Northeast West Midwest Northeast West Northeast
58
Appendix III. List of CDFIs Participating in the OFN Market Conditions Survey A. All Respondents, 2ndQ11
118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136
Organization Name Southwest Georgia United Empowerment Zone, Inc. dba Southwest Georgia United Self-Help Ventures Fund Suntide Credit Union Enterprise Cascadia Enterprise Detroit p SJF Advisory Services Southern Bancorp Capital Partners Southern Mutual Financial Services Spokane Neighborhood Economic Development Alliance (SNEDA) The Community Development Trust Texas Mezzanine Fund, Inc. The Reinvestment Fund Tongass Federal CU Utah Fund Ut h Microenterprise Mi t i Loan L F d (UMLF) Valley Economic Development Center (VEDC), Inc. Vermont Community Loan Fund, Inc. Virginia Community Development Loan Fund Wisconsin Women's Business Initiative Corporation, Inc. Women's Economic Self-Sufficiency Team (WESST Corp.)
Asset Group Small Large Large Large Medium Medium Large Small Small Large Medium Large Large Small S ll Medium Medium Small Small Small
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II – Detailed Tables
Primary Type of Financing Business Housing to Individuals Consumer Business Housing g to Organizations g Business Commercial Real Estate Housing to Individuals Microenterprise Commercial Real Estate Business Community Services/Facilities Consumer Microenterprise Mi t i Business Housing to Organizations Business Business Microenterprise
Region South South South West Midwest South South South West Northeast South Northeast West West W t West Northeast South Midwest West
59
Appendix III. List of CDFIs Participating in the OFN Market Conditions Survey A. All Respondents, 2ndQ11
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51
Organization Name ACCION New Mexico-Arizona-Colorado ACCION Texas Louisiana ACE - Access to Capital for Entrepreneurs Baltimore Community Lending Boston Community Capital Loan Fund Chicago Community Loan Fund Cincinnati Development Fund Citizen Potawatomi Community Development Corporation Coastal Enterprises, Inc. Community First Fund Community Investment Corporation Community Reinvestment Fund USA, Inc Cooperative Business Assistance Corporation Cooperative Fund of New England, Inc. Corporation for Supportive Housing Enterprise Community Loan Fund, Inc. Federation of Appalachian Housing Enterprises, Inc. (FAHE) First State Community Loan Fund Grow America Fund, Inc. HomeSight Homewise, Inc. Howland-Enfield FCU Institute for Community Economics, Inc. (ICE) Illinois Facilities Fund (IFF) Indian Land Capital Company Kentucky Highlands Investment Corporation Lakota Fund, The Local Initiatives Support Corporation Low Income Investment Fund Midwest Housing Development Fund, Inc. Mile High Community Loan Fund National Housing Trust Community Development Fund NCALL Research, Inc. NCB Capital Impact Nehemiah Community Reinvestment Fund Neighborhood Housing Services of Chicago, Inc. NeighborWorks Capital New Hampshire Community Loan Fund, Inc. New Mexico Community Capital Northland Foundation Partners for the Common Good Rising Tide Community Loan Fund Rural Community Assistance Corporation (RCAC) Rural Electric Economic Development, Inc. (REED) Seedco Financial Services, Inc. Self-Help Ventures Fund Enterprise Cascadia Southern Mutual Financial Services Texas Mezzanine Fund, Inc. Vermont Community Loan Fund, Inc. Wisconsin Women's Business Initiative Corporation, Inc.
Asset Group Primary Type of Financing Medium Microenterprise Medium Microenterprise Small Microenterprise Medium Housing to Organizations Large Housing to Organizations Medium Housing to Organizations Large Housing to Organizations Medium Business Large Business Medium Business Large Commercial Real Estate Large Business Medium Business Small Business Large Housing to Organizations Large Housing to Organizations Medium Housing to Organizations Small Business Large Business Large Housing to Individuals Large Housing to Individuals Small Consumer Small Housing to Organizations Large Community Services/Facilities Small Intermediary Large Business Small Microenterprise Large Housing to Organizations Large Housing to Organizations Small Housing to Organizations Medium Housing to Organizations Small Housing to Organizations Small Community Services/Facilities Large Community Services/Facilities Medium Housing to Organizations Medium Housing to Individuals Medium Housing to Organizations Large Housing to Organizations Small Business Large Business Medium Community Services/Facilities Small Microenterprise Large Housing to Organizations Medium Business Large Business Large Housing to Individuals Large Business Small Housing to Individuals Medium Business Medium Housing to Organizations Small Business
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II – Detailed Tables
Region West South South South Northeast Midwest Midwest South Northeast Northeast Midwest Midwest Northeast South Northeast South South South Northeast West West Northeast South Midwest Midwest South Midwest Northeast West Midwest West South South South West Midwest South Northeast West South Northeast West Midwest Northeast South West South South Northeast Midwest
60
Appendix IV. Composition of Breakout Samples
Commercial Real Estate
Community Services
Housing to Individuals
Housing to Organizations
Microenterprise
Intermediary
Other
Consumer
Banks Credit Unions Loan Funds Venture Funds
Business
A. Sectoral Composition of Financial Institution Type, 2ndQ11
0% 9% 28% 100%
0% 0% 4% 0%
0% 0% 7% 0%
0% 73% 1% 0%
0% 18% 13% 0%
0% 0% 27% 0%
0% 0% 16% 0%
0% 0% 4% 0%
0% 0% 0% 0%
Commercial Real Estate
Community Services
Housing to Individuals
Housing to Organizations
Microenterprise
Intermediary
Other
Consumer
Small Medium Large
Business
B. Sectoral Composition of Asset Size, 2ndQ11
24% 33% 24%
0% 5% 11%
4% 5% 11%
11% 2% 11%
15% 10% 13%
15% 33% 29%
25% 12% 0%
7% 0% 3%
0% 0% 0%
Commercial Real Estate
Community Services
Housing to Individuals
Housing to Organizations
Microenterprise
Intermediary
Other
Consumer
Midwest Northeast South West
Business
C. Sectoral Composition of Regions, 2ndQ11
33% 27% 29% 17%
4% 7% 6% 0%
4% 7% 10% 0%
4% 3% 10% 13%
4% 10% 13% 23%
26% 30% 19% 27%
15% 17% 8% 20%
11% 0% 4% 0%
0% 0% 0% 0%
Opportunity Finance Network CDFI Market Conditions Report, Second Quarter 2011, Report II – Detailed Tables
61
