CDFI Market Conditions Q410 Report II
CDFI Market Conditions Fourth Quarter 2010 Report II – Detailed Tables Published March 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. The Market Conditions Report is supported by the Ford Foundation.
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 Fourth Quarter 2010 Published March 2011 INTRODUCTION This report presents the results of the tenth consecutive quarterly CDFI Market Conditions Survey conducted in January through February 2011 covering the fourth quarter (October - December) of 2010. 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 has been divided into two separate documents: o o
CDFI Market Conditions, Fourth Quarter 2010, Report I - Results and Analysis CDFI Market Conditions, Fourth Quarter 2010, 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 fourth 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.
i
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II – Detailed Tables
TABLE OF CONTENTS Section I: All Respondents Table I. Results for All Respondents, 4thQ08 – 4thQ10
1
Table II. Results by Asset Size for all Respondents II. A. All Large CDFIs, 4thQ08 – 4thQ10 II. B. All Medium CDFIs, 4thQ08 – 4thQ10 II C. All Small CDFIs, 4thQ08 – 4thQ10
5 8 11
Table III. Results by Financing Sector III A. All Business, 4thQ08 – 4thQ10 III B. All Commercial Real Estate, 4thQ08 – 4thQ10 III C. All Community Services/Facilities, 4thQ08 – 4thQ10 III D. All Consumer, 4thQ08 – 4thQ10 III E. All Housing to Individuals, 4thQ08 – 4thQ10 III F. All Housing to Organizations, 4thQ08 – 4thQ10 III G. All Intermediary, 4thQ08 – 4thQ10 III H. All Microenterprise, 4thQ08 – 4thQ10
14 17 20 23 26 29 32 35
Table IV. Results by Region IV A. All Midwest CDFIs, 4thQ08 – 4thQ10 IV B. All Northeast CDFIs, 4thQ08 – 4thQ10 IV C. All South CDFIs, 4thQ08 – 4thQ10 IV D. All West CDFIs, 4thQ08 – 4thQ10
38 41 44 47
Section II: Trend Analysis Table V. Results for Trend Respondents, 1stQ09 – 4thQ10
50
Appendices: Appendix I. Methodology and Changes in Survey Questionnaire over Time A. Methodology B. Changes in Survey Questions over Time
54 55
Appendix II. List of CDFIs Participating in the OFN Market Conditions Survey A. All Respondents, 4thQ10 B. Trend Sample, 4thQ08 – 4thQ10
57 60
Appendix III. Composition of Breakout Samples A. Sectoral Composition by Financial Institution Type, 3rdQ10 B. Sectoral Composition by Asset Size, 3rdQ10 C. Sectoral Composition by Financial Institution Type, 3rdQ10
61 61 61
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II – Detailed Tables
ii
Table I: All Respondents All Summary I. Results for All Respondents All Type
n=
Banks
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
08Q3
117
121
124
105
120
121
128
107
117
69
117 1%
Credit Unions Loan Funds Venture Funds Financing Sector
10Q4
n=
121 1%
124
105
120
121
2%
2%
2%
2%
128 2%
107 3%
117 0%
69 0%
8%
9%
7%
10%
11%
12%
9%
5%
5%
7%
90%
88%
89%
86%
84%
84%
86%
88%
92%
91%
2%
2%
2%
2%
3%
1%
3%
5%
3%
1%
117
121
124
105
120
121
128
107
118
68
28%
29%
27%
27%
27%
22%
26%
32%
24%
32%
Commercial Real Estate
3%
3%
3%
3%
4%
7%
3%
7%
2%
0%
Community Services
6%
6%
5%
7%
6%
5%
11%
8%
6%
7%
Business
Consumer
5%
6%
8%
10%
9%
15%
7%
4%
5%
4%
Housing to Individuals
16%
14%
13%
12%
13%
14%
14%
13%
15%
16%
Housing to Organizations
26%
21%
28%
22%
26%
26%
22%
21%
28%
31%
2%
2%
2%
2%
3%
1%
2%
5%
2%
1%
14%
19%
14%
17%
13%
11%
16%
11%
19%
7%
Intermediary Microenterprise
117
121
124
105
120
121
128
107
118
69
Equally Rural/Urban
Urban/Rural Market
14%
16%
21%
21%
23%
20%
18%
18%
19%
39%
Primarily Rural
33%
30%
27%
29%
26%
26%
32%
29%
28%
25%
Primarily Urban
53%
55%
52%
50%
52%
54%
50%
53%
53%
36%
117
121
124
105
120
121
128
107
118
68
Midwest
26%
22%
23%
24%
21%
22%
23%
22%
19%
31%
Northeast
26%
28%
27%
25%
25%
26%
28%
26%
30%
37%
South*
29%
25%
27%
34%
29%
33%
28%
30%
26%
7%
West
19%
25%
23%
17%
25%
19%
20%
21%
25%
25%
Region
Asset Size
n=
n=
115
120
124
105
120
121
128
107
114
NR
Assets > $50MM
n=
24%
26%
26%
24%
23%
21%
17%
21%
17%
NR
Assets between $10-50MM
30%
31%
33%
33%
36%
31%
35%
36%
30%
NR
Assets < $10MM
45%
43%
41%
43%
41%
48%
48%
42%
54%
NR
* Includes Puerto Rico.
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
1
Table I: All Respondents Demand, Originations and Capital I. Results for All Respondents Number of Financing Applications Received (%)
n=
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
115
121
123
105
120
121
126
105
116
Decreased
36%
32%
23%
23%
29%
16%
16%
18%
19%
Increased
38%
39%
54%
49%
39%
57%
60%
58%
63%
No Change
26%
29%
24%
29%
32%
27%
25%
24%
18%
NR
NR
NR
Number of Financing Applications Received, Change from Previous Year (%) Decreased
n=
114
Increased No Change Number of Loans/Investments Originated (%)
120
104
117
120
26%
40%
34%
24%
23%
20%
NR
NR
NR
55%
42%
45%
52%
56%
61%
NR
NR
NR
18% n=
120
18%
115
21%
121
24%
124
105
21% 120
19% 120
NR 127
NR 107
NR 115
Decreased
33%
39%
22%
40%
28%
21%
16%
35%
30%
Increased
50%
36%
48%
35%
39%
50%
51%
33%
48%
No Change
17%
26%
30%
25%
33%
29%
33%
33%
23%
NR
NR
NR
Number of Loans/Investments Originated, Change from Previous Year (%) Decreased
n=
114
121
124
104
119
120
39%
41%
39%
38%
29%
28%
NR
NR
NR
Increased
46%
39%
44%
40%
50%
43%
NR
NR
NR
No Change
15%
20%
18%
22%
22%
30%
NR
NR
NR
79
90
94
82
93
Decreased
Ability to Access Capital (%)
6%
9%
12%
14%
20%
26%
34%
40%
40%
Increased
29%
43%
25%
27%
24%
23%
18%
23%
19%
No Change
65%
49%
63%
59%
56%
51%
48%
37%
41%
86
90
96
NR
NR
NR
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
104
n=
101
104
101
106
101
103
11%
8%
18%
15%
28%
30%
NR
NR
NR
Increased
52%
55%
45%
37%
31%
26%
NR
NR
NR
No Change
38%
37%
38%
48%
41%
44%
NR
NR
NR
Capital Liquidity (%)
n=
112
119
123
104
120
120
127
106
118
Decreased
23%
21%
33%
21%
23%
26%
38%
39%
42%
Increased
42%
49%
29%
36%
34%
32%
22%
29%
28%
No Change
37%
30%
38%
43%
43%
43%
40%
32%
31%
NR
NR
NR
Capital Liquidity, Change from Previous Year (%)
n=
112
119
123
104
119
119
Decreased
25%
24%
28%
26%
30%
32%
NR
NR
NR
Increased
55%
53%
40%
40%
39%
33%
NR
NR
NR
No Change
20%
23%
32%
34%
31%
35%
NR
NR
NR
Capital-Constrained (%)
n=
115
121
Both
8%
12%
Debt
3%
Equity
7%
Neither Capital Shortfall During the Quarter
n=
118
117
128
107
118
15%
20%
23%
23%
25%
25%
6%
2%
5%
11%
13%
13%
16%
15%
8%
11%
8%
19%
12%
15%
9%
14%
82%
74%
73%
72%
50%
52%
49%
50%
47%
20
27
23
13
NR
NR
NR
NR
NR
$
43.0
Average Capital Shortfall During the Quarter ($ MM)
$
2.1
n=
104
13%
Total Capital Shortfall During the Quarter ($ MM) Average Cost of Borrowed Capital
122
114
Decreased
11%
Increased No Change
$ 27.2
$ 80.1
$ 23.8
NR
NR
NR
NR
NR
$
$
$
1.8
NR
NR
NR
NR
NR
103
118
117
126
106
116
1.0 120
3.5 121
13%
12%
12%
9%
77%
78%
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
14%
19%
9%
16%
16%
13%
13%
8%
74%
79%
11%
9%
14%
15%
15%
69%
83%
70%
69%
72%
2
Table I: All Respondents Portfolio Quality I. Results for All Respondents
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
100
107
98
87
105
NR
NR
NR
NR
10.3%
9.5%
10.7%
8.7%
8.5%
NR
NR
NR
NR
100
107
98
87
105
103
106
97
99
31-60 days
2.0%
2.5%
4.0%
2.7%
2.4%
2.6%
3.0%
2.7%
2.7%
61-90 days
0.8%
1.2%
1.5%
2.1%
1.5%
1.2%
1.4%
1.8%
1.7%
90+ days
5.7%
4.7%
4.7%
4.7%
4.3%
5.4%
5.7%
4.8%
6.7%
8.6%
8.5%
10.2%
9.6%
8.2%
9.2%
10.1%
9.2%
11.1%
85
90
87
66
NR
NR
NR
NR
NR
1.2%
1.1%
1.6%
0.4%
NR
NR
NR
NR
NR
85
90
87
66
NR
NR
NR
NR
NR
7.7%
7.5%
4.4%
4.2%
NR
NR
NR
NR
NR
100
107
98
87
105
103
106
97
99
1.0%
0.7%
0.8%
0.9%
1.1%
0.8%
0.8%
0.4%
1.6%
112
115
123
103
118
121
127
106
116
Average Loan Loss Reserve (%)
n=
Loan Loss Reserve Average Portfolio-at-Risk
n=
Total Average Non-Accruals (%)
n=
Non-Accruals Average Loans Restructured (%) Loans Restructured Average Net Charge-Offs (%)
n=
Net Charge-Offs Loan Loss Reserve Ratio (%)
n=
Decreased
25%
30%
22%
14%
17%
12%
11%
10%
12%
Increased
29%
36%
35%
39%
36%
44%
36%
47%
43%
No Change Delinquency Rate (%)
46% n=
113
34% 114
43% 124
48% 105
47% 118
45% 121
53% 126
42% 106
45% 116
Decreased
45%
37%
31%
30%
29%
20%
30%
20%
9%
Increased
28%
35%
32%
38%
38%
42%
32%
34%
52%
No Change
27%
28%
36%
31%
33%
38%
38%
46%
39%
NR
NR
NR
Delinquency Rate, Change from Previous Year (%)
n=
113
112
123
103
119
120
Decreased
48%
40%
40%
30%
24%
23%
NR
NR
NR
Increased
35%
38%
38%
47%
54%
47%
NR
NR
NR
No Change Number of Loans/Investments in Workout (%)
18% n=
110
21% 112
22% 121
23% 105
22% 119
31% 121
NR 124
NR 106
NR 117
Decreased
23%
21%
9%
12%
7%
7%
10%
8%
4%
Increased
31%
20%
35%
37%
50%
43%
46%
42%
56%
No Change Number of Loans Given Term Extensions (%)
46% n=
111
60% 112
56% 123
50% 103
43% 118
50% 120
44% 124
50% 105
40% 116
Decreased
13%
19%
18%
16%
8%
7%
6%
6%
3%
Increased
28%
19%
24%
32%
42%
32%
44%
38%
51%
No Change
59%
63%
58%
52%
51%
62%
49%
56%
46%
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
3
Table I: All Respondents Outlook I. Results for All Respondents Expected Demand for Financing(%)
n=
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
114
119
123
104
119
113
122
103
117
Decrease
3%
8%
2%
3%
7%
6%
4%
4%
5%
Increase
67%
61%
65%
72%
68%
64%
70%
73%
83%
No Change
31%
32%
33%
25%
25%
30%
25%
23%
12%
104
NR
NR
NR
NR
NR
Projected Financing Next Year (if no Capital n= 105 Constraints) Projected Total Financing Next Year (if no Capital Constraints) $ 1,762 (MM) Projected Average Financing Next Year (if no Capital $ 16.8 Constraints) (MM) Projected Additional Capital Needed Next Year n= 103 Projected Total Capital Needed Next Year (MM)
$
Projected Average Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
$ n=
Deteriorate
106
120
$ 1,488
$ 1,970
$
457
NR
NR
NR
NR
NR
$ 14.0
$ 16.4
$
4.4
NR
NR
NR
NR
NR
103
373
$
3.6
$
113
121
NR
NR
NR
NR
NR
NR
341
$ 498.6
NR
NR
NR
NR
NR
NR
3.3
$
118
4.1 124
NR 105
NR 120
NR 113
NR 128
NR 103
NR 115
7%
4%
9%
10%
22%
19%
24%
24%
45%
Improve
43%
38%
36%
41%
33%
32%
29%
24%
24%
No Change
50%
58%
55%
49%
45%
49%
47%
51%
30%
81
NR
NR
Days Cash on Hand
n=
114
119
120
103
118
109
0-90 days
11%
10%
13%
16%
16%
11%
22%
NR
NR
91-180 days
25%
29%
26%
28%
25%
34%
33%
NR
NR
181-365 days
30%
25%
24%
37%
31%
28%
22%
NR
NR
greater than 365
35%
35%
37%
19%
28%
28%
22%
NR
NR
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
114
117
120
103
119
111
124
101
113
88%
86%
78%
79%
75%
70%
67%
64%
63%
12%
14%
23%
21%
25%
30%
33%
36%
37%
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
4
Table II. Results by Asset Size for all Respondents Demand, Originations and Capital II. A. All Large CDFIs
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
28
31
31
25
28
25
20
23
18
Decreased
36%
29%
16%
24%
25%
24%
25%
30%
28%
Increased
32%
45%
61%
44%
39%
60%
50%
48%
44%
No Change
32%
26%
23%
32%
36%
16%
25%
22%
28%
28
30
31
25
27
25
NR
NR
NR
32%
40%
26%
28%
37%
44%
NR
NR
NR
54%
40%
55%
52%
48%
40%
NR
NR
NR
14%
20%
19%
20%
15%
16%
28
31
32
25
28
25
22
23
19
Decreased
36%
39%
9%
44%
36%
20%
14%
61%
42%
Increased
57%
39%
69%
36%
43%
56%
50%
13%
16%
No Change
7%
23%
22%
20%
21%
24%
36%
26%
42%
NR
NR
NR
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
Increased No Change Number of Loans/Investments Originated (%)
n=
NR
NR
NR
Number of Loans/Investments Originated, Change Over n= Previous Year (%) Decreased
28
31
32
25
28
25
32%
29%
44%
40%
54%
48%
NR
NR
NR
Increased
57%
52%
50%
52%
36%
36%
NR
NR
NR
No Change
11%
19%
6%
8%
11%
16%
NR
NR
NR
27
30
28
25
25
22
20
20
16
Decreased
Ability to Access Capital (%)
11%
3%
7%
16%
16%
14%
30%
40%
50%
Increased
33%
43%
29%
28%
32%
23%
20%
10%
25%
No Change
56%
53%
64%
56%
52%
64%
50%
50%
25%
28
31
28
25
26
22
NR
NR
NR
7%
3%
14%
12%
15%
18%
NR
NR
NR
Increased
39%
61%
43%
44%
27%
27%
NR
NR
NR
No Change
54%
35%
43%
44%
58%
55%
NR
NR
NR
Ability to Access Capital, Change from Previous Year (%) Decreased
Capital Liquidity (%)
n=
n=
27
31
32
25
28
25
22
23
19
Decreased
26%
16%
41%
24%
21%
16%
23%
39%
37%
Increased
52%
48%
13%
20%
39%
24%
14%
22%
26%
No Change
22%
35%
47%
56%
39%
60%
64%
39%
37%
NR
NR
NR
Capital Liquidity, Change Over Previous Year(%)
n=
28
31
32
25
28
25
Decreased
21%
16%
28%
24%
25%
32%
NR
NR
NR
Increased
57%
74%
41%
40%
46%
36%
NR
NR
NR
No Change
21%
10%
31%
36%
29%
32%
NR
NR
NR
Capital-Constrained (%)
n=
31
31
25
28
25
22
23
19
Both
0%
10%
10%
20%
25%
16%
27%
26%
26%
Debt
4%
6%
6%
4%
7%
20%
23%
22%
26%
Equity
7%
3%
13%
4%
14%
8%
5%
4%
5%
Neither
89%
81%
71%
72%
54%
56%
45%
48%
42%
Capital Shortfall During the Quarter
n=
28
n=
Total Capital Shortfall During the Quarter ($ MM) Average Capital Shortfall During the Quarter ($ MM)
3
5
3
22
NR
NR
NR
NR
NR
$
12.0
$ 16.0
$ 53.0
$
7.5
NR
NR
NR
NR
NR
$
4.0
$
$
3.2
$ 17.7
0.3
NR
NR
NR
NR
NR
28
31
30
24
28
25
21
23
19
Decreased
14%
16%
10%
17%
25%
8%
24%
22%
32%
Increased
18%
13%
13%
13%
14%
16%
24%
22%
16%
No Change
68%
71%
77%
71%
61%
76%
52%
57%
53%
Average Cost of Borrowed Capital
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
5
Table II. Results by Asset Size for all Respondents Portfolio Quality II. A. All Large CDFIs
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
26
29
27
22
25
NR
NR
NR
NR
6.2%
6.6%
6.6%
6.1%
6.2%
NR
NR
NR
NR
26
29
27
22
25
21
20
22
17
31-60 days
1.8%
1.9%
1.8%
1.3%
1.9%
2.0%
3.2%
1.9%
2.0%
61-90 days
0.6%
0.5%
1.2%
1.5%
1.5%
0.7%
1.0%
1.3%
1.0%
90+ days
4.2%
4.4%
4.1%
4.0%
4.8%
5.2%
4.8%
4.8%
3.1%
6.5%
6.9%
7.1%
6.8%
8.2%
7.9%
9.0%
8.0%
6.1%
22
21
25
15
NR
NR
NR
NR
NR
1.0%
0.6%
1.4%
0.7%
NR
NR
NR
NR
NR
22
21
25
15
NR
NR
NR
NR
NR
11.2%
10.7%
4.0%
2.4%
NR
NR
NR
NR
NR
26
29
27
22
25
21
20
22
17
0.9%
0.6%
0.6%
0.2%
0.7%
0.3%
0.3%
0.3%
0.3%
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=
28
31
32
25
28
25
22
23
19
Decreased
36%
42%
31%
12%
7%
12%
18%
22%
16%
Increased
25%
29%
38%
32%
36%
60%
45%
52%
63%
39%
29%
31%
56%
57%
28%
36%
26%
21%
28
31
32
25
28
25
22
23
19
Decreased
54%
39%
31%
40%
29%
28%
27%
26%
11%
Increased
18%
39%
38%
48%
50%
56%
50%
48%
68%
No Change
29%
23%
31%
12%
21%
16%
23%
26%
21%
28
31
32
25
28
25
NR
NR
NR
Decreased
50%
42%
47%
28%
25%
20%
NR
NR
NR
Increased
21%
42%
44%
56%
57%
68%
NR
NR
NR
29%
16%
9%
16%
18%
12%
27
31
25
28
25
21
23
Decreased
33%
19%
9%
16%
4%
12%
19%
17%
5%
Increased
22%
19%
41%
44%
64%
60%
52%
65%
74%
44%
61%
50%
40%
32%
28%
29%
17%
21%
27
30
32
24
27
25
21
23
19
Decreased
30%
17%
19%
17%
7%
12%
14%
9%
11%
Increased
26%
20%
31%
33%
52%
48%
43%
30%
47%
No Change
44%
63%
50%
50%
41%
40%
43%
61%
42%
No Change Delinquency Rate (%)
Delinquency Rate, Change from Previous Year (%)
n=
n=
No Change Number of Loans/Investments in Workout (%)
n=
No Change Number of Loans Given Term Extensions (%)
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
32
NR
NR
NR 19
6
Table II. Results by Asset Size for all Respondents Outlook II. A. All Large CDFIs Expected Demand for Financing(%)
n=
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
28
31
32
25
28
24
21
23
19
Decrease
0%
3%
3%
0%
4%
8%
5%
0%
0%
Increase
54%
42%
66%
68%
61%
38%
62%
61%
68%
No Change
46%
55%
31%
32%
36%
54%
33%
39%
32%
27
26
32
24
NR
NR
NR
NR
NR
$ 1,316
$ 1,101
$ 1,434
$
337
NR
NR
NR
NR
NR
$
48.7
$ 42.4
$ 44.8
$ 14.1
NR
NR
NR
NR
NR
$
213
$
$
8.2
$ 10.2
28
30
32
25
28
24
22
23
19
0%
10%
13%
20%
32%
21%
23%
26%
58%
Improve
36%
37%
28%
28%
18%
21%
23%
9%
16%
No Change
64%
53%
59%
52%
50%
58%
55%
65%
26%
28
31
29
24
28
22
NR
NR
NR
0%
0%
7%
0%
4%
5%
NR
NR
NR
91-180 days
18%
13%
14%
17%
14%
18%
NR
NR
NR
181-365 days
29%
26%
24%
46%
32%
27%
NR
NR
NR
greater than 365
54%
61%
55%
38%
50%
50%
NR
NR
NR
28
31
31
25
27
22
22
22
17
100%
94%
77%
96%
85%
91%
77%
73%
76%
0%
6%
23%
4%
15%
9%
23%
27%
24%
Projected Financing Next Year (if no Capital 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 Year
n=
n=
Projected Total Capital Needed Next Year (MM) Projected Average Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
n=
Deteriorate
Days Cash on Hand (#)
n=
0-90 days
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
26
25 255
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
32
NR
NR
NR
NR
NR
NR
$ 312.5
NR
NR
NR
NR
NR
NR
$
9.8
NR
NR
NR
NR
NR
NR
7
Table II. Results by Asset Size for all Respondents Demand, Originations and Capital II. B. All Medium CDFIs
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
34
37
41
35
43
38
45
38
34
Decreased
38%
41%
27%
31%
23%
16%
11%
18%
21%
Increased
41%
30%
59%
40%
53%
68%
60%
58%
53%
No Change
21%
30%
15%
29%
23%
16%
29%
24%
26%
34
37
41
35
43
38
NR
NR
NR
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
26%
43%
44%
29%
19%
13%
NR
NR
NR
Increased
53%
30%
37%
49%
67%
79%
NR
NR
NR
No Change
21%
27%
20%
23%
14%
34
37
41
35
43
38
45
39
33
Decreased
38%
46%
29%
49%
21%
21%
13%
31%
33%
Increased
53%
35%
44%
26%
42%
63%
67%
38%
48%
No Change
9%
19%
27%
26%
37%
16%
20%
31%
18%
34
37
41
35
42
38
NR
NR
NR
44%
46%
39%
37%
21%
21%
NR
NR
NR
Increased
38%
30%
39%
43%
57%
55%
NR
NR
NR
No Change
18%
24%
22%
20%
21%
24%
NR
NR
NR
Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
Ability to Access Capital (%)
n=
n=
8%
NR
NR
NR
31
31
35
24
32
33
37
28
31
Decreased
0%
0%
14%
13%
16%
27%
30%
43%
39%
Increased
35%
61%
34%
33%
25%
18%
11%
21%
16%
No Change
65%
39%
51%
54%
59%
55%
59%
36%
45%
32
33
34
25
35
31
NR
NR
NR
Decreased
3%
6%
18%
20%
34%
26%
NR
NR
NR
Increased
56%
55%
50%
40%
31%
26%
NR
NR
NR
No Change
41%
39%
32%
40%
34%
48%
NR
NR
NR
Ability to Access Capital, Change from Previous Year (%)
Capital Liquidity (%)
n=
n=
34
36
41
35
43
38
44
38
34
Decreased
32%
11%
34%
17%
26%
37%
36%
47%
35%
Increased
47%
58%
41%
49%
37%
37%
20%
29%
41%
No Change
21%
31%
24%
34%
37%
26%
43%
24%
24%
NR
NR
NR
Capital Liquidity, Change Over Previous Year(%)
n=
34
36
41
35
43
38
Decreased
21%
22%
29%
34%
35%
45%
NR
NR
NR
Increased
62%
50%
44%
46%
40%
39%
NR
NR
NR
No Change
18%
28%
27%
20%
26%
16%
NR
NR
NR
33
37
Capital-Constrained (%)
n=
41
35
42
38
45
39
34
Both
12%
8%
15%
14%
17%
26%
18%
23%
29%
Debt
6%
5%
2%
9%
14%
13%
16%
21%
21%
Equity
6%
5%
7%
6%
24%
16%
11%
18%
15%
Neither
76%
81%
76%
71%
45%
45%
56%
38%
35%
Capital Shortfall During the Quarter
n=
6
10
32
NR
NR
NR
NR
NR
Total Capital Shortfall During the Quarter ($ MM)
$
23.5
$
4.4
$ 18.1
$ 13.1
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
2.9
$
0.7
$
$
Average Cost of Borrowed Capital
8
n=
n=
34
1.8
37
41
0.4
NR
NR
NR
NR
NR
35
43
38
45
39
34
Decreased
9%
11%
17%
9%
19%
11%
16%
18%
12%
Increased
21%
14%
20%
6%
14%
3%
13%
15%
21%
No Change
71%
76%
63%
86%
67%
87%
71%
67%
68%
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
8
Table II. Results by Asset Size for all Respondents Portfolio Quality II. B. All Medium CDFIs
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
42
46
36
33
43
NR
NR
NR
NR
13.7%
12.0%
15.7%
11.2%
9.0%
NR
NR
NR
NR
42
46
36
33
43
21
20
22
50
31-60 days
1.8%
3.0%
6.9%
4.0%
2.5%
2.0%
3.2%
1.9%
3.6%
61-90 days
0.8%
1.9%
1.9%
2.9%
1.2%
0.7%
1.0%
1.3%
2.2%
90+ days
7.4%
5.9%
5.8%
5.5%
4.5%
5.2%
4.8%
4.8%
8.8%
10.0%
10.7%
14.6%
12.5%
8.1%
7.9%
9.0%
8.0%
14.6%
38
39
31
27
NR
NR
NR
NR
NR
0.5%
0.8%
1.7%
0.1%
NR
NR
NR
NR
NR
38
39
31
27
NR
NR
NR
NR
NR
5.3%
7.5%
4.2%
4.3%
NR
NR
NR
NR
NR
42
46
36
33
43
21
26
23
50
1.4%
0.6%
1.1%
1.7%
1.3%
0.3%
0.6%
0.3%
2.8%
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=
34
35
41
35
42
38
45
39
34
Decreased
21%
23%
24%
11%
21%
11%
9%
13%
3%
Increased
35%
51%
39%
46%
33%
45%
27%
59%
44%
No Change
44%
26%
37%
43%
45%
45%
64%
28%
53%
34
35
41
35
42
38
44
39
34
Decreased
44%
37%
41%
34%
24%
21%
34%
21%
3%
Increased
38%
40%
32%
37%
40%
45%
25%
33%
62%
No Change
18%
23%
27%
29%
36%
34%
41%
46%
35%
35
35
41
35
43
38
NR
NR
NR
Decreased
51%
37%
46%
31%
14%
32%
NR
NR
NR
Increased
40%
37%
34%
34%
63%
39%
NR
NR
NR
No Change
9%
26%
20%
34%
23%
29%
Number of Loans/Investments in Workout (%)
32
34
39
35
43
38
Decreased
25%
24%
13%
17%
9%
3%
7%
8%
3%
Increased
47%
26%
38%
43%
42%
45%
43%
33%
59%
No Change
28%
50%
49%
40%
49%
53%
50%
59%
38%
33
35
41
35
43
38
45
39
34
Decreased
15%
20%
27%
26%
7%
8%
9%
8%
3%
Increased
27%
17%
22%
31%
40%
29%
47%
46%
56%
No Change
58%
63%
51%
43%
53%
63%
44%
46%
41%
Delinquency Rate (%)
Delinquency Rate, Change from Previous Year (%)
Number of Loans Given Term Extensions (%)
n=
n=
n=
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
NR 44
NR
NR
39
34
9
Table II. Results by Asset Size for all Respondents Outlook II. B. All Medium CDFIs Expected Demand for Financing(%)
n=
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
33
37
40
35
42
37
43
38
34
Decrease
0%
3%
3%
3%
10%
3%
5%
8%
12%
Increase
76%
70%
75%
83%
69%
76%
77%
76%
82%
No Change
24%
27%
23%
14%
21%
22%
19%
16%
6%
31
35
39
35
NR
NR
NR
NR
NR
Projected Financing Next Year (if no Capital 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 Year
n= $
323
$
313
$
432
$
101
NR
NR
NR
NR
NR
$
10.4
$
9.0
$ 11.1
$
2.9
NR
NR
NR
NR
NR
40
NR
NR
NR
NR
NR
NR
Projected Total Capital Needed Next Year (MM)
$
111
$
50
$ 148.8
NR
NR
NR
NR
NR
NR
Projected Average Capital Needed Next Year (MM)
$
3.6
$
1.5
$
Expected Change in Portfolio Quality (%)
31
n=
n=
34
33
37
3.7 41
NR 35
NR
NR
NR
NR
NR
43
37
45
38
33
Deteriorate
12%
0%
15%
6%
16%
24%
29%
29%
45%
Improve
38%
41%
37%
37%
33%
30%
20%
21%
30%
No Change
50%
59%
49%
57%
51%
46%
51%
50%
24%
35
35
41
35
41
37
15
NR
NR
9%
6%
15%
11%
12%
14%
0%
NR
NR
91-180 days
20%
23%
22%
31%
37%
27%
33%
NR
NR
181-365 days
34%
37%
22%
37%
27%
30%
33%
NR
NR
greater than 365
37%
34%
41%
20%
24%
30%
33%
NR
NR
34
36
41
34
43
37
22
22
34
85%
83%
63%
74%
67%
59%
127%
114%
50%
15%
17%
37%
26%
33%
41%
73%
59%
50%
Days Cash on Hand (#)
n=
0-90 days
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
10
Table II. Results by Asset Size for all Respondents Demand, Originations and Capital II C. All Small CDFIs
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
51
52
51
45
49
58
61
44
60
Decreased
33%
29%
24%
16%
37%
12%
16%
11%
15%
Increased
41%
42%
45%
58%
27%
48%
62%
64%
73%
No Change
25%
29%
31%
27%
37%
40%
21%
25%
12%
50
52
48
44
47
57
NR
NR
NR
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
24%
38%
31%
18%
19%
14%
NR
NR
NR
Increased
58%
52%
46%
55%
49%
58%
NR
NR
NR
No Change
18%
10%
23%
27%
32%
28%
51
52
51
45
49
57
60
45
59
Decreased
27%
35%
24%
31%
31%
21%
18%
24%
22%
Increased
45%
35%
39%
42%
35%
39%
40%
38%
61%
No Change
27%
31%
37%
27%
35%
40%
42%
38%
17%
50
52
51
44
49
57
NR
NR
NR
40%
46%
35%
36%
20%
23%
NR
NR
NR
Increased
46%
38%
43%
32%
51%
37%
NR
NR
NR
No Change
14%
15%
22%
32%
29%
40%
NR
NR
NR
Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
Ability to Access Capital (%)
n=
n=
NR
NR
40
38
30
33
39
46
34
44
Decreased
7%
20%
13%
13%
27%
31%
39%
38%
36%
Increased
22%
28%
13%
20%
18%
28%
24%
32%
18%
No Change
71%
53%
74%
67%
55%
41%
37%
29%
45%
44
41
39
36
29
43
NR
NR
NR
Decreased
18%
15%
21%
14%
31%
40%
NR
NR
NR
Increased
57%
51%
41%
31%
34%
26%
NR
NR
NR
No Change
25%
34%
38%
56%
34%
35%
NR
NR
NR
Ability to Access Capital, Change from Previous Year (%)
Capital Liquidity (%)
45
NR
n=
n=
52
51
50
44
49
57
61
45
61
Decreased
15%
31%
26%
23%
20%
23%
44%
31%
46%
Increased
33%
43%
30%
34%
29%
32%
26%
33%
23%
No Change
52%
25%
44%
43%
51%
46%
30%
36%
31%
NR
NR
NR
Capital Liquidity, Change Over Previous Year(%)
n=
49
51
50
44
48
56
Decreased
31%
31%
28%
20%
29%
23%
NR
NR
NR
Increased
51%
43%
36%
36%
33%
27%
NR
NR
NR
No Change
18%
25%
36%
43%
38%
50%
NR
NR
NR
Capital-Constrained (%)
n=
52
52
50
44
48
54
61
45
61
Both
10%
15%
14%
14%
21%
24%
25%
27%
23%
Debt
2%
6%
0%
2%
10%
9%
8%
9%
10%
Equity
8%
13%
14%
11%
17%
11%
21%
4%
13%
Neither
81%
65%
72%
73%
52%
56%
46%
60%
54%
Capital Shortfall During the Quarter
n=
44
NR
NR
NR
NR
NR
Total Capital Shortfall During the Quarter ($ MM)
$
7.5
9 $
6.8
$
9.0
$
3.2
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
0.8
$
0.4
$
0.9
$
n=
16
10
0.1
NR
NR
NR
NR
NR
50
51
50
44
47
54
60
44
60
Decreased
10%
12%
10%
16%
17%
7%
13%
11%
7%
Increased
4%
4%
8%
7%
6%
9%
12%
11%
12%
No Change
86%
84%
82%
77%
77%
83%
75%
77%
82%
Average Cost of Borrowed Capital
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
11
Table II. Results by Asset Size for all Respondents Portfolio Quality II C. All Small CDFIs
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
42
46
36
33
43
NR
NR
NR
NR
13.7%
12.0%
15.7%
11.2%
9.0%
NR
NR
NR
NR
42
46
36
33
43
21
20
22
50
31-60 days
1.8%
3.0%
6.9%
4.0%
2.5%
2.0%
3.2%
1.9%
3.6%
61-90 days
0.8%
1.9%
1.9%
2.9%
1.2%
0.7%
1.0%
1.3%
2.2%
90+ days
7.4%
5.9%
5.8%
5.5%
4.5%
5.2%
4.8%
4.8%
8.8%
10.0%
10.7%
14.6%
12.5%
8.1%
7.9%
9.0%
8.0%
14.6%
38
39
31
27
NR
NR
NR
NR
NR
0.5%
0.8%
1.7%
0.1%
NR
NR
NR
NR
NR
38
39
31
27
NR
NR
NR
NR
NR
5.3%
7.5%
4.2%
4.3%
NR
NR
NR
NR
NR
42
46
36
33
43
21
26
23
50
1.4%
0.6%
1.1%
1.7%
1.3%
0.3%
0.6%
0.3%
2.8%
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=
49
48
50
43
48
58
60
44
61
Decreased
22%
29%
14%
16%
19%
12%
10%
2%
15%
Increased
27%
29%
30%
37%
38%
36%
40%
34%
36%
No Change
51%
42%
56%
47%
44%
52%
50%
64%
49%
49
47
51
45
48
58
60
44
61
Decreased
41%
36%
24%
22%
33%
16%
28%
16%
11%
Increased
29%
30%
29%
33%
29%
34%
30%
27%
41%
No Change
31%
34%
47%
44%
38%
50%
42%
57%
48%
48
45
50
43
48
57
NR
NR
NR
Decreased
44%
42%
30%
30%
33%
18%
NR
NR
NR
Increased
40%
38%
38%
51%
44%
42%
NR
NR
NR
No Change
17%
20%
32%
19%
23%
40%
49
46
50
45
48
58
Decreased
16%
20%
6%
7%
6%
9%
10%
5%
3%
Increased
27%
15%
28%
29%
50%
34%
46%
36%
48%
No Change
57%
65%
66%
64%
44%
57%
44%
59%
48%
49
46
50
44
48
57
58
43
60
Delinquency Rate (%)
Delinquency Rate, Change from Previous Year (%)
Number of Loans/Investments in Workout (%)
Number of Loans Given Term Extensions (%)
n=
n=
n=
n=
NR 59
NR
NR
44
60
Decreased
2%
20%
10%
7%
8%
4%
2%
2%
2%
Increased
31%
20%
22%
32%
38%
26%
43%
35%
48%
No Change
67%
61%
68%
61%
54%
70%
55%
63%
50%
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
12
Table II. Results by Asset Size for all Respondents Outlook II C. All Small CDFIs Expected Demand for Financing(%)
n=
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
51
50
51
44
49
52
58
42
60
Decrease
6%
14%
0%
5%
6%
8%
3%
2%
3%
Increase
69%
66%
57%
66%
71%
67%
69%
76%
87%
No Change
25%
20%
43%
30%
22%
25%
28%
21%
10%
46
44
48
45
NR
NR
NR
NR
NR
Projected Financing Next Year (if no Capital 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 Year
n= $
123
$
74
$
104
$
18
NR
NR
NR
NR
NR
$
2.7
$
1.7
$
2.2
$
0.4
NR
NR
NR
NR
NR
48
NR
NR
NR
NR
NR
NR
Projected Total Capital Needed Next Year (MM)
$
49
$
36
$ 37.3
NR
NR
NR
NR
NR
NR
Projected Average Capital Needed Next Year (MM)
$
1.1
$
0.8
$
Expected Change in Portfolio Quality (%)
45
n=
44
0.8
NR
49
50
51
45
8%
4%
2%
Improve
49%
38%
No Change
43%
58%
n=
Deteriorate
Days Cash on Hand (#)
NR
NR
NR
NR
NR
49
52
61
42
60
9%
20%
15%
21%
19%
38%
41%
51%
43%
38%
38%
36%
25%
57%
40%
37%
46%
41%
45%
37%
15
NR
NR
50
52
50
44
49
50
0-90 days
16%
17%
16%
27%
27%
12%
0%
NR
NR
91-180 days
32%
44%
36%
32%
22%
46%
33%
NR
NR
181-365 days
28%
17%
26%
32%
33%
26%
33%
NR
NR
greater than 365
24%
21%
22%
9%
18%
16%
33%
NR
NR
51
49
48
44
49
52
22
22
58
82%
84%
90%
73%
76%
69%
173%
109%
67%
18%
16%
10%
27%
24%
31%
91%
77%
33%
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
13
Table III. Results by Financing Sector Demand, Originations and Capital III A. All Business
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
32
35
33
28
32
26
33
33
27
Decreased
28%
37%
24%
14%
28%
8%
15%
12%
4%
Increased
38%
29%
42%
57%
41%
73%
58%
58%
78%
No Change
34%
34%
33%
29%
31%
19%
27%
30%
19%
32
35
30
28
31
26
NR
NR
NR
25%
40%
40%
14%
13%
4%
NR
NR
NR
59%
40%
37%
61%
68%
77%
NR
NR
NR
16%
20%
23%
25%
19%
19%
32
35
33
28
32
26
33
33
27
Decreased
34%
49%
24%
25%
25%
19%
12%
27%
15%
Increased
50%
31%
42%
50%
47%
54%
42%
39%
63%
No Change
16%
20%
33%
25%
28%
27%
45%
33%
22%
32
35
33
28
32
26
NR
NR
NR
38%
40%
42%
25%
28%
19%
NR
NR
NR
Increased
50%
43%
45%
50%
56%
46%
NR
NR
NR
No Change
13%
17%
12%
25%
16%
35%
NR
NR
NR
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
Increased No Change Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
Ability to Access Capital (%)
n=
n=
NR
NR
NR
30
30
30
19
24
23
30
27
20
Decreased
3%
7%
3%
11%
17%
13%
33%
44%
35%
Increased
43%
50%
40%
32%
25%
26%
30%
22%
15%
No Change
53%
43%
57%
58%
58%
61%
37%
33%
50%
29
32
28
21
24
22
NR
NR
NR
n=
Ability to Access Capital, Change from Previous Year (%) n= Decreased
14%
3%
11%
14%
29%
23%
NR
NR
NR
Increased
48%
66%
50%
38%
33%
18%
NR
NR
NR
No Change
38%
31%
39%
48%
38%
59%
NR
NR
NR
32
35
33
28
32
26
33
33
28
Decreased
Capital Liquidity (%)
13%
17%
30%
14%
16%
27%
27%
45%
43%
Increased
50%
54%
48%
50%
31%
42%
30%
27%
25%
No Change
38%
29%
21%
36%
53%
31%
42%
27%
32%
NR
NR
NR
Capital Liquidity, Change Over Previous Year(%)
n=
32
35
33
28
31
26
Decreased
22%
23%
27%
25%
19%
35%
NR
NR
NR
Increased
56%
51%
42%
43%
35%
46%
NR
NR
NR
No Change
22%
26%
30%
32%
45%
19%
NR
NR
NR
Capital-Constrained (%)
n=
33
35
32
28
32
25
33
33
28
Both
3%
9%
6%
14%
22%
20%
33%
27%
36%
Debt
3%
9%
0%
4%
9%
20%
3%
9%
7%
Equity
6%
0%
13%
7%
22%
8%
9%
9%
11%
Neither
88%
83%
81%
75%
47%
52%
55%
55%
46%
Capital Shortfall During the Quarter
n=
5
NR
NR
NR
NR
NR
Total Capital Shortfall During the Quarter ($ MM)
$
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
28
31
26
33
32
27
Average Cost of Borrowed Capital
3
n=
n=
32
6
35
4
33
Decreased
6%
20%
9%
14%
16%
12%
21%
13%
0%
Increased
22%
14%
21%
7%
3%
8%
18%
13%
15%
No Change
72%
66%
70%
79%
81%
81%
61%
75%
85%
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
14
Table III. Results by Financing Sector Portfolio Quality III A. All Business
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
27
31
28
22
30
NR
NR
NR
NR
12.2%
10.1%
9.9%
8.7%
9.9%
NR
NR
NR
NR
27
31
28
22
30
26
28
28
23
31-60 days
1.7%
3.6%
7.6%
4.5%
1.5%
2.1%
3.7%
2.7%
2.6%
61-90 days
1.1%
0.7%
1.8%
2.5%
1.4%
1.5%
1.8%
1.5%
1.8%
90+ days
8.4%
5.1%
3.2%
4.6%
4.0%
5.7%
4.7%
5.8%
7.6%
11.2%
9.4%
12.6%
11.6%
6.9%
9.3%
10.1%
10.0%
12.0%
22
25
26
16
NR
NR
NR
NR
NR
1.5%
1.0%
1.1%
0.7%
NR
NR
NR
NR
NR
22
25
26
16
NR
NR
NR
NR
NR
4.7%
7.8%
4.8%
3.8%
NR
NR
NR
NR
NR
27
31
28
22
30
25
24
33
23
1.5%
0.7%
0.5%
0.8%
0.6%
0.7%
1.7%
0.5%
0.9%
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=
31
33
33
28
31
26
32
32
27
Decreased
32%
30%
18%
11%
13%
12%
16%
9%
11%
Increased
35%
45%
42%
43%
48%
46%
38%
53%
41%
32%
24%
39%
46%
39%
42%
47%
38%
48%
31
33
33
28
31
26
32
31
27
Decreased
55%
36%
27%
25%
19%
23%
38%
9%
4%
Increased
13%
39%
36%
36%
35%
42%
34%
38%
52%
No Change
32%
24%
36%
39%
45%
35%
28%
53%
44%
31
32
33
27
31
26
22
NR
22
Decreased
55%
31%
39%
26%
29%
23%
NR
NR
NR
Increased
29%
50%
30%
48%
48%
42%
NR
NR
NR
No Change
16%
19%
30%
26%
23%
35%
32
31
32
28
32
26
Decreased
25%
13%
13%
18%
6%
4%
9%
3%
0%
Increased
25%
23%
38%
43%
53%
35%
55%
45%
50%
50%
65%
50%
39%
41%
62%
36%
52%
50%
31
32
33
27
31
26
32
32
26
Decreased
16%
13%
21%
19%
10%
4%
6%
0%
4%
Increased
26%
19%
27%
37%
45%
31%
38%
41%
42%
No Change
58%
69%
52%
44%
45%
65%
56%
59%
54%
No Change Delinquency Rate (%)
Delinquency Rate, Change from Previous Year (%)
Number of Loans/Investments in Workout (%)
n=
n=
n=
No Change Number of Loans Given Term Extensions (%)
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
NR 33
NR
NR
33
28
15
Table III. Results by Financing Sector Outlook III A. All Business Expected Demand for Financing(%)
n=
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
33
34
33
28
32
26
31
33
28
Decrease
0%
6%
0%
4%
6%
0%
0%
27%
0%
Increase
64%
68%
64%
79%
75%
77%
74%
73%
96%
No Change
36%
26%
36%
18%
19%
23%
26%
0%
4%
33
31
31
21
NR
NR
NR
NR
NR
Projected Financing Next Year (if no Capital 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 Year
n=
360
$
$
10.9
$ 13.7
32
Projected Average Capital Needed Next Year (MM)
425
$
453
$
192
NR
NR
NR
NR
NR
$ 14.6
$
7.4
NR
NR
NR
NR
NR
31
NR
NR
NR
NR
NR
NR
$
49
$
39
$ 109.3
NR
NR
NR
NR
NR
NR
$
1.5
$
1.3
$
n=
Projected Total Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
$
30
3.5
32
33
3%
0%
15%
Improve
47%
39%
No Change
50%
61%
n=
Deteriorate
Days Cash on Hand (%)
33
NR 28
NR
NR
NR
NR
NR
32
26
33
33
27
7%
50%
58%
52%
48%
52%
24%
39%
28%
23%
27%
33%
19%
61%
54%
22%
19%
21%
18%
30%
NR
NR
33
35
32
28
32
26
22
0-90 days
12%
14%
16%
14%
19%
15%
27%
NR
NR
91-180 days
18%
37%
28%
32%
22%
23%
41%
NR
NR
181-365 days
36%
29%
22%
32%
38%
27%
18%
NR
NR
greater than 365
33%
20%
34%
21%
22%
35%
14%
NR
NR
33
34
33
28
31
26
32
33
27
91%
88%
82%
89%
77%
77%
66%
70%
74%
9%
12%
18%
11%
23%
23%
34%
30%
26%
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
16
Table III. Results by Financing Sector Demand, Originations and Capital III B. All Commercial Real Estate Number of Financing Applications Received (%)
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
08Q4
4
4
4
3
5
8
6
2
Decreased
25%
50%
0%
67%
0%
25%
NR
50%
50%
Increased
25%
0%
100%
33%
20%
75%
NR
17%
50%
No Change
50%
50%
0%
0%
80%
0%
NR
33%
0%
4
4
4
3
5
8
50%
75%
50%
67%
40%
25%
NR
NR
NR
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
NR
09Q1
NR
NR
NR
Increased
25%
0%
50%
0%
40%
75%
NR
NR
NR
No Change
25%
25%
0%
33%
20%
0%
NR
NR
NR
4
4
4
5
8
Decreased
Number of Loans/Investments Originated (%)
50%
50%
50%
100%
20%
25%
NR
67%
100%
Increased
25%
25%
25%
0%
60%
37%
NR
17%
0%
No Change
25%
25%
25%
0%
20%
38%
NR
17%
0%
4
4
4
3
5
8
75%
25%
75%
67%
20%
63%
NR
NR
NR
0%
25%
25%
33%
80%
25%
NR
NR
NR
25%
50%
0%
0%
0%
13%
NR
NR
NR
4
4
3
3
4
8
5
2
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
Increased No Change Ability to Access Capital (%)
n=
3
NR
NR
NR
6
NR
2
NR
Decreased
0%
0%
33%
33%
25%
50%
NR
80%
0%
Increased
50%
50%
0%
0%
50%
13%
NR
0%
50%
No Change
50%
50%
67%
67%
25%
38%
NR
20%
50%
4
4
4
3
4
7
NR
NR
Ability to Access Capital, Change from Previous Year (%) n=
NR
Decreased
0%
0%
25%
33%
25%
43%
NR
NR
NR
Increased
50%
100%
0%
33%
50%
14%
NR
NR
NR
50%
0%
75%
33%
25%
43%
NR
NR
NR
4
4
4
3
5
8
Decreased
0%
0%
0%
0%
20%
13%
Increased
50%
50%
0%
0%
40%
No Change
50%
50%
100%
100%
40%
No Change Capital Liquidity (%)
Capital Liquidity, Change Over Previous Year(%)
n=
NR
6
2
NR
67%
0%
50%
NR
17%
100%
38%
NR
17%
0%
4
4
4
3
5
8
Decreased
0%
0%
25%
33%
40%
13%
NR
NR
NR
Increased
50%
75%
0%
33%
40%
50%
NR
NR
NR
No Change
50%
25%
75%
33%
20%
38%
NR
NR
NR
4
4
4
3
5
8
6
2
Both
25%
0%
25%
0%
40%
50%
NR
67%
50%
Debt
25%
0%
0%
0%
0%
0%
NR
0%
0%
Capital-Constrained (%)
n=
n=
NR
NR
NR
NR
Equity
0%
0%
25%
0%
20%
0%
NR
0%
50%
Neither
50%
100%
50%
100%
40%
50%
NR
33%
0%
2
NR
1
NR
NR
NR
NR
NR
NR
$
12.5
NR
$
0.6
NR
NR
NR
NR
NR
NR
$
6.3
NR
$
0.6
NR
NR
NR
NR
NR
NR
NR
Projected Financing Next Quarter (if no 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=
4
4
4
3
5
8
6
2
Decreased
0%
25%
0%
33%
20%
0%
NR
33%
0%
Increased
50%
0%
0%
0%
0%
13%
NR
33%
50%
No Change
50%
75%
100%
67%
80%
88%
NR
33%
50%
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
17
Table III. Results by Financing Sector Portfolio Quality III B. All Commercial Real Estate Average Loan Loss Reserve (%)
10Q4 n=
Loan Loss Reserve Average Portfolio-at-Risk
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
3
3
3
3
4
NR
NR
NR
NR
14.3%
4.9%
6.9%
4.2%
5.5%
NR
NR
NR
NR
3
3
3
3
4
5
NR
NR
1
31-60 days
4.9%
0.9%
1.2%
3.0%
0.6%
0.3%
NR
NR
0.8%
61-90 days
0.0%
0.5%
1.5%
0.9%
0.9%
0.7%
NR
NR
1.2%
90+ days
4.1%
0.6%
2.1%
5.7%
6.4%
11.3%
NR
NR
1.1%
Total
9.0%
2.0%
4.7%
9.7%
7.9%
12.3%
NR
NR
3.1%
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=
2
3
3
2
NR
NR
NR
NR
NR
2.5%
0.5%
1.0%
0.9%
NR
NR
NR
NR
NR
2
3
3
2
NR
NR
NR
NR
NR
5.7%
0.0%
3.0%
4.4%
NR
NR
NR
NR
NR
3
3
3
3
4
3
NR
NR
1
0.0%
0.4%
0.0%
0.1%
1.1%
0.1%
NR
NR
0.3%
4
4
4
3
5
8
NR
6
2
Decreased
25%
0%
25%
0%
20%
13%
NR
33%
0%
Increased
0%
50%
0%
33%
20%
63%
NR
17%
100%
75%
50%
75%
67%
60%
25%
NR
50%
0%
4
4
4
3
5
17
Decreased
25%
50%
0%
33%
20%
13%
Increased
50%
0%
50%
33%
20%
No Change
25%
50%
50%
33%
60%
4
4
4
3
5
17
Decreased
25%
50%
75%
33%
0%
13%
NR
NR
NR
Increased
50%
0%
25%
33%
20%
75%
NR
NR
NR
No Change
25%
50%
0%
33%
80%
13%
NR
NR
NR
17
No Change Delinquency Rate (%)
Delinquency Rate, Change from Previous Year (%)
Number of Loans/Investments in Workout (%)
n=
n=
NR
6
2
NR
50%
0%
63%
NR
17%
100%
25%
NR
33%
0%
NR
NR
3
4
4
3
5
6
2
Decreased
33%
0%
0%
33%
0%
0%
NR
0%
0%
Increased
33%
0%
25%
33%
40%
63%
NR
67%
100%
No Change
33%
100%
75%
33%
60%
33%
NR
33%
0%
4
4
2
5
17
6
2
Number of Loans Given Term Extensions (%)
n=
n=
3
NR
NR
NR
Decreased
0%
0%
25%
50%
0%
0%
NR
0%
0%
Increased
67%
25%
0%
50%
40%
38%
NR
17%
50%
No Change
33%
75%
75%
0%
60%
63%
NR
83%
50%
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
18
Table III. Results by Financing Sector Outlook III B. All Commercial Real Estate Expected Demand for Financing(%)
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
08Q4
3
4
4
3
5
8
6
2
Decrease
0%
0%
0%
0%
0%
13%
NR
0%
0%
Increase
67%
25%
75%
67%
40%
63%
NR
67%
100%
No Change
33%
75%
25%
33%
60%
25%
NR
33%
0%
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 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 Year
n=
n=
Projected Average Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
$
95
$
31.7
4
NR
NR
NR
NR
NR
NR
$
46
n=
Deteriorate
59
$
6
$
5.5
NR
NR
NR
NR
NR
NR
$
15.2
$
3.0
$
1.4
NR
NR
NR
NR
NR
NR
4
3
5
8
NR
6
2
$ 29.5
3
n=
Projected Total Capital Needed Next Year (MM)
$
$
$ 20.5
2
4
4
82
$
NR
09Q1
0%
25%
0%
0%
20%
38%
NR
0%
100%
Improve
75%
25%
25%
33%
0%
38%
NR
33%
0%
No Change
25%
50%
75%
67%
80%
25%
NR
67%
0%
Days Cash on Hand (%)
4
4
4
3
5
7
0%
0%
0%
0%
0%
0%
NR
NR
NR
91-180 days
0%
25%
0%
0%
20%
29%
NR
NR
NR
181-365 days
50%
0%
50%
67%
0%
43%
NR
NR
NR
greater than 365
50%
75%
50%
33%
80%
29%
NR
NR
NR
3
5
7
6
1
n=
0-90 days
NR
NR
NR
Anticipate a Decline in Unrestricted Net Assets in Current n= FY (%) No
4
4
4
75%
75%
75%
100%
80%
43%
NR
33%
0%
Yes
25%
25%
25%
0%
20%
57%
NR
67%
100%
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
NR
19
Table III. Results by Financing Sector Demand, Originations and Capital III C. All Community Services/Facilities Number of Financing Applications Received (%)
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
7
7
6
7
7
5
14
Decreased
43%
14%
50%
14%
29%
20%
14%
0%
0%
Increased
43%
86%
17%
43%
57%
48%
50%
67%
86%
No Change
14%
0%
33%
43%
14%
40%
36%
33%
14%
7
7
6
7
7
5
NR
NR
NR
29%
43%
33%
14%
29%
20%
NR
NR
NR
71%
29%
33%
71%
43%
60%
NR
NR
NR
0%
29%
33%
14%
29%
20%
NR
NR
NR
7
7
6
7
7
5
9
7
Decreased
43%
29%
17%
57%
29%
20%
7%
33%
14%
Increased
43%
57%
33%
29%
29%
80%
71%
11%
43%
No Change
14%
14%
50%
14%
43%
0%
21%
56%
43%
7
7
6
7
7
5
NR
NR
NR
29%
43%
50%
71%
14%
0%
NR
NR
NR
Increased
57%
57%
50%
29%
57%
80%
NR
NR
NR
No Change
14%
0%
0%
0%
29%
20%
NR
NR
NR
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
Increased No Change Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
Ability to Access Capital (%)
n=
n=
14
9
7
7
6
5
7
6
5
13
7
5
Decreased
14%
0%
20%
14%
0%
0%
38%
29%
40%
Increased
29%
17%
40%
14%
17%
0%
8%
0%
0%
No Change
57%
83%
40%
71%
83%
100%
54%
71%
60%
7
7
6
7
7
5
NR
NR
NR
Decreased
14%
29%
17%
14%
14%
0%
NR
NR
NR
Increased
43%
43%
50%
29%
14%
40%
NR
NR
NR
No Change
43%
29%
33%
57%
71%
60%
NR
NR
NR
n=
Ability to Access Capital, Change from Previous Year (%) n=
7
7
6
7
7
5
14
9
7
Decreased
Capital Liquidity (%)
29%
29%
33%
29%
29%
60%
29%
22%
43%
Increased
43%
43%
17%
29%
43%
0%
14%
0%
14%
No Change
29%
29%
50%
43%
29%
40%
57%
78%
43%
NR
NR
NR
Capital Liquidity, Change Over Previous Year(%)
n=
7
7
6
7
7
5
Decreased
29%
29%
17%
43%
43%
20%
NR
NR
NR
Increased
71%
71%
50%
29%
29%
40%
NR
NR
NR
No Change
0%
0%
33%
29%
29%
40%
NR
NR
NR
Capital-Constrained (%)
n=
n=
Both Debt
7
7
6
7
7
5
14
9
7
29%
14%
17%
29%
14%
0%
14%
0%
29% 14%
0%
14%
0%
29%
14%
20%
21%
22%
Equity
14%
14%
17%
0%
14%
20%
0%
0%
0%
Neither
57%
57%
67%
43%
57%
60%
64%
78%
57%
3
2
7
NR
NR
NR
NR
NR
Total Capital Shortfall During the Quarter ($ MM)
Capital Shortfall During the Quarter
$
12.0
$
6.0
$ 15.0
$
8.3
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
4.0
$
2.0
$
$
Average Cost of Borrowed Capital
3
n=
n=
7
7
7.5
1.1
NR
NR
NR
NR
NR
5
7
7
5
14
9
7
Decreased
0%
0%
0%
29%
57%
0%
21%
22%
43%
Increased
0%
29%
60%
0%
29%
20%
14%
22%
14%
100%
71%
40%
71%
14%
80%
64%
56%
43%
No Change
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
20
Table III. Results by Financing Sector Portfolio Quality III C. All Community Services/Facilities
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
6
6
5
5
5
NR
NR
NR
NR
7.3%
6.3%
6.2%
6.1%
8.5%
NR
NR
NR
NR
6
6
5
5
5
5
13
8
6
31-60 days
1.6%
2.2%
1.6%
0.4%
3.9%
3.6%
2.5%
1.2%
1.2%
61-90 days
0.2%
0.2%
0.9%
1.1%
2.9%
0.5%
0.4%
0.3%
0.1%
90+ days
3.8%
4.3%
5.5%
3.1%
5.1%
2.5%
4.5%
4.5%
6.4%
Total
5.6%
6.7%
8.0%
4.6%
11.8%
6.6%
7.4%
5.9%
7.6%
6
4
4
5
NR
NR
NR
NR
NR
2.1%
0.9%
0.6%
0.5%
NR
NR
NR
NR
NR
6
4
4
5
NR
NR
NR
NR
NR
1.7%
7.5%
3.5%
4.5%
NR
NR
NR
NR
NR
6
6
5
5
5
5
13
8
6
1.2%
0.6%
0.0%
0.1%
0.0%
0.0%
0.5%
0.0%
0.4%
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
7
6
7
7
5
14
9
7
Decreased
43%
29%
17%
0%
0%
0%
14%
11%
14%
Increased
29%
57%
33%
29%
14%
40%
21%
56%
29%
29%
14%
50%
71%
86%
60%
64%
33%
57%
7
7
6
7
7
5
14
9
7
Decreased
71%
43%
33%
14%
29%
40%
14%
22%
0%
Increased
14%
43%
50%
57%
57%
60%
29%
11%
43%
No Change
14%
14%
17%
29%
14%
0%
57%
67%
57%
7
7
6
7
7
5
NR
NR
NR
Decreased
71%
43%
50%
43%
29%
0%
NR
NR
NR
Increased
14%
57%
33%
29%
71%
100%
NR
NR
NR
No Change
14%
0%
17%
29%
0%
0%
NR
NR
NR
7
7
6
7
7
5
9
7
No Change Delinquency Rate (%)
Delinquency Rate, Change from Previous Year (%)
Number of Loans/Investments in Workout (%)
n=
n=
n=
14
Decreased
0%
0%
0%
0%
14%
0%
7%
0%
0%
Increased
29%
14%
67%
43%
14%
80%
14%
22%
71%
71%
86%
33%
57%
71%
20%
79%
78%
29%
7
7
6
7
6
5
14
9
7
Decreased
14%
29%
0%
0%
0%
20%
7%
0%
0%
Increased
14%
0%
33%
0%
17%
40%
29%
11%
57%
No Change
71%
71%
67%
100%
83%
40%
64%
89%
43%
No Change Number of Loans Given Term Extensions (%)
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
21
Table III. Results by Financing Sector Outlook III C. All Community Services/Facilities Expected Demand for Financing(%)
10Q4
10Q3
7
n=
10Q2
7
10Q1
6
7
09Q4 7
09Q3
09Q2
09Q1
08Q4
5
14
9
7
Decrease
0%
0%
0%
0%
0%
0%
21%
11%
14%
Increase
71%
43%
83%
100%
86%
60%
79%
56%
86%
No Change
29%
57%
17%
0%
14%
40%
0%
33%
0%
7
6
6
21
NR
NR
NR
NR
NR
Projected Financing Next Year (if no Capital 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 Year
n= $
394
$
302
$
56.3
$ 50.3
$
65
$
$
192
NR
NR
NR
NR
NR
$ 50.0
$
7.4
NR
NR
NR
NR
NR
6
NR
NR
NR
NR
NR
NR
$ 154.0
NR
NR
NR
NR
NR
NR
10.8
$ 16.1
$ 25.7
NR
NR
NR
NR
NR
NR
7
7
6
7
7
5
14
9
7
0%
14%
33%
43%
29%
40%
29%
11%
57%
Improve
29%
14%
17%
0%
29%
20%
29%
0%
14%
No Change
71%
71%
50%
57%
43%
40%
43%
89%
29%
NR
NR
Projected Average Capital Needed Next Year (MM) n=
Deteriorate
Days Cash on Hand (%)
5
300
81
n=
Projected Total Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
6
$
$
7
7
5
7
7
5
8
0%
0%
20%
0%
0%
0%
0%
NR
NR
91-180 days
43%
43%
40%
57%
43%
40%
50%
NR
NR
181-365 days
14%
0%
20%
0%
43%
20%
13%
NR
NR
greater than 365
43%
57%
20%
43%
14%
40%
38%
NR
NR
7
7
6
7
7
5
13
8
7
n=
0-90 days
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
86%
100%
83%
71%
43%
80%
92%
75%
71%
14%
0%
17%
29%
57%
20%
8%
25%
29%
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
22
Table III. Results by Financing Sector Demand, Originations and Capital III D. All Consumer
10Q2
10Q1
09Q4
09Q3
6
7
10
11
10
14
Decreased
50%
43%
20%
36%
30%
0%
25%
NR
67%
Increased
33%
29%
60%
27%
20%
50%
38%
NR
17%
No Change
17%
29%
20%
36%
50%
50%
38%
NR
17%
6
7
10
11
9
14
NR
50%
57%
30%
36%
44%
21%
NR
NR
NR
0%
43%
60%
45%
44%
57%
NR
NR
NR
50%
0%
10%
18%
11%
21%
NR
NR
NR
6
7
10
11
10
14
8
Decreased
33%
29%
20%
36%
40%
21%
38%
NR
80%
Increased
50%
29%
50%
27%
30%
50%
25%
NR
20%
No Change
17%
43%
30%
36%
30%
29%
38%
NR
0%
6
7
10
11
9
14
NR
50%
57%
30%
36%
33%
36%
NR
NR
NR
Increased
17%
43%
60%
36%
56%
36%
NR
NR
NR
No Change
33%
0%
10%
27%
11%
28%
NR
NR
NR
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
10Q4 n=
n=
Increased No Change Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
Ability to Access Capital (%)
n=
n=
10Q3
09Q2 8
09Q1
08Q4
NR
6
NR
NR
NR
5
NR
NR
5
4
5
3
6
5
4
Decreased
0%
0%
20%
33%
50%
20%
25%
NR
0%
Increased
20%
25%
20%
0%
17%
40%
0%
NR
33%
No Change
80%
75%
60%
67%
33%
40%
75%
NR
67%
3
4
5
5
4
6
NR
Decreased
0%
0%
20%
20%
25%
17%
NR
NR
NR
Increased
67%
25%
40%
20%
50%
50%
NR
NR
NR
No Change
33%
75%
40%
60%
25%
33%
NR
NR
NR
n=
Ability to Access Capital, Change from Previous Year (%) n=
Capital Liquidity (%)
NR
3
NR
NR
6
7
10
11
10
14
8
Decreased
17%
0%
20%
27%
10%
21%
38%
NR
33%
Increased
50%
86%
10%
9%
40%
0%
38%
NR
33%
No Change
33%
14%
70%
64%
50%
79%
25%
NR
33%
NR
Capital Liquidity, Change Over Previous Year(%)
n=
NR
6
5
7
10
11
10
14
Decreased
20%
14%
10%
18%
20%
29%
NR
NR
NR
Increased
60%
43%
30%
0%
40%
21%
NR
NR
NR
No Change
20%
43%
60%
82%
40%
50%
NR
NR
NR
14
Capital-Constrained (%)
n=
6
7
10
10
9
0%
14%
10%
10%
0%
n=
Both Debt
0%
8
NR
NR
NR
0%
NR
6 17%
0%
0%
0%
0%
0%
0%
0%
NR
0%
Equity
17%
14%
20%
10%
33%
14%
38%
NR
17%
Neither
83%
71%
70%
80%
67%
86%
63%
NR
67%
Capital Shortfall During the Quarter
1
n=
Total Capital Shortfall During the Quarter ($ MM)
$
-
Average Capital Shortfall During the Quarter ($ MM)
$
-
Average Cost of Borrowed Capital
-
1
$
-
$
-
5
NR
NR
NR
NR
NR
$
0.0
$
5.4
NR
NR
NR
NR
NR
$
0.0
$
1.1
NR
NR
NR
NR
NR
11
10
11
8
NR
6
6
7
8
Decreased
0%
14%
13%
0%
20%
0%
13%
NR
17%
Increased
0%
0%
0%
0%
0%
0%
0%
NR
0%
100%
86%
88%
100%
80%
100%
88%
NR
83%
No Change
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
23
Table III. Results by Financing Sector Portfolio Quality III D. All Consumer
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
5
6
6
7
8
NR
NR
NR
NR
2.6%
1.7%
8.1%
2.0%
2.6%
NR
NR
NR
NR
5
6
6
7
8
14
8
NR
1
31-60 days
4.1%
4.4%
1.8%
4.7%
4.2%
2.3%
2.7%
NR
10.5%
61-90 days
1.9%
1.9%
1.1%
3.9%
1.4%
1.5%
2.2%
NR
5.7%
90+ days
3.1%
1.8%
3.5%
2.5%
1.0%
4.4%
1.5%
NR
7.8%
Total
9.0%
8.2%
6.4%
11.0%
6.6%
8.2%
6.4%
NR
24.0%
2
3
5
6
NR
NR
NR
NR
NR
0.0%
0.0%
0.0%
0.0%
NR
NR
NR
NR
NR
2
3
5
6
NR
NR
NR
NR
NR
0.0%
0.3%
0.0%
3.1%
NR
NR
NR
NR
NR
5
6
6
7
8
14
7
NR
1
0.9%
0.6%
1.7%
0.4%
2.4%
1.5%
1.0%
NR
3.3%
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=
5
6
10
11
10
14
8
NR
6
Decreased
0%
0%
20%
9%
10%
29%
13%
NR
17%
Increased
60%
83%
40%
36%
40%
36%
50%
NR
67%
40%
17%
40%
55%
50%
36%
38%
NR
17%
5
6
10
11
10
14
8
No Change Delinquency Rate (%)
n=
NR
6
Decreased
20%
0%
30%
27%
30%
21%
25%
NR
17%
Increased
60%
67%
20%
36%
30%
36%
13%
NR
50%
No Change
20%
33%
50%
36%
40%
43%
63%
NR
33%
5
6
10
11
10
14
NR
Delinquency Rate, Change from Previous Year (%)
n=
NR
NR
Decreased
40%
0%
20%
18%
20%
21%
NR
NR
NR
Increased
60%
100%
40%
45%
60%
35%
NR
NR
NR
No Change
0%
0%
40%
36%
20%
43%
NR
NR
NR
5
6
10
11
9
14
7
Number of Loans/Investments in Workout (%)
n=
NR
6
Decreased
0%
0%
0%
0%
0%
14%
14%
NR
17%
Increased
40%
17%
20%
9%
44%
43%
57%
NR
50%
60%
83%
80%
91%
56%
14%
29%
NR
33%
5
6
10
11
10
14
8
No Change Number of Loans Given Term Extensions (%)
n=
NR
6
Decreased
0%
0%
0%
0%
0%
7%
0%
NR
0%
Increased
0%
33%
20%
27%
60%
29%
63%
NR
67%
100%
67%
80%
73%
40%
64%
38%
NR
33%
No Change
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
24
Table III. Results by Financing Sector Outlook III D. All Consumer Expected Demand for Financing(%)
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
10
10
10
14
09Q2
08Q4
6
Decrease
0%
17%
0%
0%
0%
14%
0%
NR
0%
Increase
60%
50%
70%
50%
50%
36%
29%
NR
60%
No Change
40%
33%
30%
50%
50%
50%
71%
NR
40%
2
5
9
7
NR
NR
NR
NR
NR
Projected Financing Next Year (if no Capital 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 Year
n=
Projected Average Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
$
13
$
136
$
4
NR
NR
NR
NR
NR
$
1.3
$
2.5
$ 15.1
$
0.6
NR
NR
NR
NR
NR
10
NR
NR
NR
NR
NR
NR
$
2 1
$
2
4 $
0.7
NR
NR
NR
NR
NR
NR
$
0.4
$
0.4
$
0.1
NR
NR
NR
NR
6
10
0%
0%
Improve
50%
No Change
50%
Deteriorate
Days Cash on Hand (%)
5
3
4
n=
NR
$
n=
Projected Total Capital Needed Next Year (MM)
7
09Q1
5
n=
NR
NR
11
10
14
8
10%
0%
0%
0%
13%
NR
17%
40%
45%
60%
43%
38%
NR
0%
83%
50%
55%
40%
57%
50%
NR
60%
5
12
40%
6
6
10
10
10
0-90 days
17%
17%
10%
20%
40%
8%
80%
NR
NR
91-180 days
17%
17%
40%
30%
0%
58%
0%
NR
NR
181-365 days
17%
17%
10%
30%
20%
0%
0%
NR
NR
greater than 365
50%
50%
40%
20%
40%
33%
20%
NR
NR
5
6
10
9
10
14
6
80%
67%
90%
78%
90%
64%
17%
NR
33%
20%
33%
10%
22%
10%
36%
83%
NR
67%
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
5
NR
NR
NR
NR
6
25
Table III. Results by Financing Sector Demand, Originations and Capital III E. All Housing to Individuals
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
18
17
16
13
15
17
19
13
17
Decreased
44%
35%
38%
31%
33%
29%
16%
23%
35%
Increased
33%
29%
50%
38%
40%
41%
63%
62%
47%
No Change
22%
35%
13%
31%
27%
29%
21%
15%
18%
17
17
16
12
14
17
NR
NR
NR
35%
59%
50%
17%
21%
18%
NR
NR
NR
41%
12%
25%
42%
43%
59%
NR
NR
NR
24%
29%
25%
42%
36%
24%
18
17
16
13
15
16
18
13
18
Decreased
44%
47%
31%
46%
27%
31%
22%
38%
28%
Increased
39%
18%
50%
23%
27%
44%
39%
46%
50%
No Change
17%
35%
19%
31%
47%
25%
39%
15%
22%
17
17
16
12
15
17
NR
NR
NR
53%
53%
50%
25%
27%
29%
NR
NR
NR
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
Increased No Change Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
NR
NR
NR
Increased
29%
6%
19%
25%
27%
53%
NR
NR
NR
No Change
18%
41%
31%
50%
47%
18%
NR
NR
NR
12
16
14
12
10
14
11
11
14
Decreased
Ability to Access Capital (%)
13%
14%
17%
10%
0%
43%
45%
55%
64%
Increased
6%
50%
25%
30%
25%
21%
9%
18%
7%
No Change
81%
36%
58%
60%
75%
36%
45%
27%
29%
Ability to Access Capital, Change from Previous Year (%) n=
15
14
12
11
12
16
NR
NR
NR
Decreased
7%
14%
17%
0%
8%
44%
NR
NR
NR
Increased
40%
36%
42%
45%
25%
19%
NR
NR
NR
No Change
53%
50%
42%
55%
67%
38%
NR
NR
NR
13
Capital Liquidity (%)
n=
18
17
16
15
17
18
13
18
Decreased
17%
29%
25%
8%
13%
35%
39%
46%
56%
Increased
17%
41%
19%
31%
40%
29%
17%
23%
28%
No Change
67%
29%
56%
62%
47%
35%
44%
31%
17%
NR
NR
NR
Capital Liquidity, Change Over Previous Year(%)
n=
17
16
16
12
15
17
Decreased
29%
31%
31%
17%
33%
35%
NR
NR
NR
Increased
41%
25%
25%
33%
40%
35%
NR
NR
NR
No Change
29%
44%
44%
50%
27%
29%
NR
NR
NR
17
17
15
13
14
17
19
13
18
6%
0%
23%
29%
35%
21%
23%
22% 39%
Capital-Constrained (%)
n=
n=
Both
12%
Debt
0%
6%
13%
8%
14%
12%
16%
23%
Equity
6%
12%
13%
8%
14%
18%
32%
15%
0%
Neither
82%
76%
73%
62%
43%
35%
32%
38%
39%
3
4
3
2
NR
NR
NR
NR
NR
Total Capital Shortfall During the Quarter ($ MM)
Capital Shortfall During the Quarter
$
1.5
$ 11.8
$ 15.0
$
4.4
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
0.5
$
$
$
2.2
NR
NR
NR
NR
NR
11
15
17
18
13
17
Average Cost of Borrowed Capital
n=
n=
18
2.9
5.0
17
16
Decreased
6%
18%
25%
9%
20%
0%
6%
31%
12%
Increased
11%
0%
6%
18%
13%
6%
11%
8%
18%
No Change
83%
82%
69%
73%
67%
94%
83%
62%
71%
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
26
Table III. Results by Financing Sector Portfolio Quality III E. All Housing to Individuals
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
14
15
13
11
12
NR
NR
NR
NR
8.9%
7.1%
5.7%
4.3%
3.4%
NR
NR
NR
NR
14
15
13
11
12
13
14
12
15
31-60 days
3.5%
2.9%
4.4%
4.6%
2.7%
2.9%
8.1%
1.5%
4.3%
61-90 days
1.3%
1.2%
1.9%
3.7%
1.5%
1.3%
3.6%
1.2%
3.0%
90+ days
8.7%
5.4%
6.4%
6.0%
4.6%
7.5%
7.0%
1.7%
5.4%
13.4%
9.6%
12.8%
14.3%
8.8%
11.7%
18.7%
4.4%
12.7%
9
14
10
7
NR
NR
NR
NR
NR
0.2%
0.0%
0.0%
0.0%
NR
NR
NR
NR
NR
9
14
10
7
NR
NR
NR
NR
NR
2.0%
1.9%
1.0%
0.6%
NR
NR
NR
NR
NR
14
15
13
11
12
13
13
12
15
0.7%
0.4%
0.7%
2.0%
0.5%
0.3%
0.1%
0.2%
1.7%
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 (%)
n=
18
16
16
13
15
17
19
13
18
Decreased
22%
38%
25%
8%
7%
12%
0%
8%
11%
Increased
22%
31%
38%
38%
33%
24%
21%
46%
22%
56%
31%
38%
54%
60%
65%
79%
46%
67%
18
15
16
13
15
17
18
13
18
Decreased
50%
27%
31%
15%
20%
18%
17%
38%
6%
Increased
33%
27%
50%
62%
47%
47%
39%
46%
61%
No Change
17%
47%
19%
23%
33%
35%
44%
15%
33%
18
15
16
12
15
17
NR
NR
NR
Decreased
33%
27%
31%
17%
13%
29%
NR
NR
NR
Increased
50%
27%
63%
67%
67%
41%
NR
NR
NR
No Change
17%
47%
6%
17%
20%
29%
17
15
16
13
15
17
No Change Delinquency Rate (%)
Delinquency Rate, Change from Previous Year (%)
Number of Loans/Investments in Workout (%)
n=
n=
n=
NR
NR
NR
18
13
17
Decreased
6%
27%
13%
8%
0%
0%
11%
23%
12%
Increased
59%
7%
19%
46%
53%
41%
44%
31%
47%
35%
67%
69%
46%
47%
59%
44%
46%
41%
17
15
16
13
15
17
18
13
18
No Change Number of Loans Given Term Extensions (%)
n=
Decreased
0%
13%
25%
8%
0%
0%
0%
0%
0%
Increased
29%
7%
13%
31%
33%
24%
28%
31%
28%
No Change
71%
80%
63%
62%
67%
76%
72%
69%
72%
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
27
Table III. Results by Financing Sector Outlook III E. All Housing to Individuals Expected Demand for Financing(%)
n=
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
18
17
16
13
14
17
17
13
18
Decrease
6%
18%
6%
15%
0%
6%
0%
8%
11%
Increase
78%
53%
56%
62%
50%
71%
71%
85%
78%
No Change
17%
29%
38%
23%
50%
24%
29%
8%
11%
14
15
16
12
NR
NR
NR
NR
NR
Projected Financing Next Year (if no Capital 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 Year
n=
146
$
$
10.4
$ 15.0
14
Projected Average Capital Needed Next Year (MM) n=
226
$
282
$
29
NR
NR
NR
NR
NR
$ 17.6
$
2.4
NR
NR
NR
NR
NR
16
NR
NR
NR
NR
NR
NR
$
73
$
120
$ 75.1
NR
NR
NR
NR
NR
NR
$
5.2
$
7.5
$
n=
Projected Total Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
$
18
16
4.7
17
16
NR
NR
NR
13
NR
15
0
19
13
NR
18
NR
Deteriorate
17%
6%
6%
15%
40%
41%
37%
38%
50%
Improve
33%
47%
50%
38%
33%
18%
42%
15%
28%
No Change
50%
47%
44%
46%
27%
41%
21%
46%
22%
NR
NR
18
17
16
13
15
17
13
0-90 days
Days Cash on Hand (%)
11%
12%
19%
31%
33%
12%
46%
NR
NR
91-180 days
50%
53%
44%
46%
40%
59%
46%
NR
NR
181-365 days
28%
18%
19%
15%
20%
24%
0%
NR
NR
greater than 365
11%
18%
19%
8%
7%
6%
8%
NR
NR
18
17
15
13
15
17
18
13
18
94%
88%
60%
62%
60%
75%
50%
62%
50%
6%
12%
40%
38%
40%
25%
50%
38%
50%
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
28
Table III. Results by Financing Sector Demand, Originations and Capital III F. All Housing to Organizations
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
30
26
34
23
31
29
26
21
33
Decreased
40%
35%
6%
26%
26%
24%
19%
24%
24%
Increased
37%
35%
65%
48%
42%
44%
50%
57%
52%
No Change
23%
31%
29%
26%
32%
31%
31%
19%
24%
30
25
34
23
31
28
NR
NR
NR
17%
32%
24%
43%
29%
39%
NR
NR
NR
70%
44%
53%
43%
48%
39%
NR
NR
NR
13%
24%
24%
13%
23%
21%
30
26
35
23
31
29
28
22
33
Decreased
23%
46%
11%
52%
29%
21%
11%
41%
39%
Increased
63%
23%
54%
22%
45%
41%
61%
23%
30%
No Change
13%
31%
34%
26%
26%
38%
29%
36%
30%
30
26
35
23
31
28
NR
NR
NR
30%
35%
37%
48%
42%
39%
NR
NR
NR
Increased
57%
38%
37%
43%
39%
25%
NR
NR
NR
No Change
13%
27%
26%
9%
19%
36%
NR
NR
NR
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
Increased No Change Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
Ability to Access Capital (%)
n=
n=
27
NR
NR
NR
23
30
20
24
26
24
15
28
Decreased
7%
13%
20%
15%
21%
23%
33%
27%
39%
Increased
30%
52%
20%
30%
38%
27%
13%
40%
21%
No Change
63%
35%
60%
55%
42%
50%
54%
33%
39%
30
25
29
21
25
25
NR
NR
NR
Decreased
13%
12%
24%
19%
32%
32%
NR
NR
NR
Increased
63%
60%
41%
43%
40%
32%
NR
NR
NR
No Change
23%
28%
34%
38%
28%
36%
NR
NR
NR
n=
Ability to Access Capital, Change from Previous Year (%) n=
30
26
35
23
31
28
28
22
33
Decreased
Capital Liquidity (%)
33%
27%
51%
35%
35%
25%
46%
32%
33%
Increased
47%
46%
17%
39%
32%
32%
14%
45%
33%
No Change
20%
27%
31%
26%
32%
43%
39%
23%
33%
NR
NR
NR
Capital Liquidity, Change Over Previous Year(%)
n=
30
26
35
23
31
28
Decreased
37%
31%
37%
35%
45%
39%
NR
NR
NR
Increased
53%
58%
46%
52%
42%
29%
NR
NR
NR
No Change
10%
12%
17%
13%
13%
32%
NR
NR
NR
Capital-Constrained (%)
n=
30
n=
Both Debt
26
35
23
31
28
28
22
33
7%
19%
23%
22%
19%
29%
29%
41%
21%
3%
4%
3%
0%
13%
18%
21%
18%
18%
Equity
10%
4%
6%
9%
16%
14%
11%
9%
21%
Neither
80%
73%
69%
70%
52%
39%
39%
32%
39%
6
8
4
NR
NR
NR
NR
NR
Total Capital Shortfall During the Quarter ($ MM)
Capital Shortfall During the Quarter
$
10.3
6 $
4.5
$ 40.7
$
5.0
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
1.7
$
0.8
$
$
n=
1.3
NR
NR
NR
NR
NR
30
26
35
23
31
29
28
22
33
Decreased
27%
12%
11%
17%
16%
17%
14%
14%
24%
Increased
10%
12%
14%
13%
23%
10%
21%
23%
15%
No Change
63%
77%
74%
70%
61%
72%
64%
64%
61%
Average Cost of Borrowed Capital
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
5.1
29
Table III. Results by Financing Sector Portfolio Quality III F. All Housing to Organizations
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
28
24
20
22
30
NR
NR
NR
NR
10.3%
10.1%
9.5%
9.5%
7.3%
NR
NR
NR
NR
28
24
20
22
30
28
27
22
31
31-60 days
1.2%
1.1%
1.4%
0.4%
1.4%
1.7%
1.1%
2.1%
1.4%
61-90 days
0.4%
0.3%
1.5%
1.2%
1.4%
0.4%
0.7%
1.7%
0.9%
90+ days
2.6%
4.3%
6.9%
6.0%
3.4%
5.2%
6.6%
5.7%
4.5%
Total
4.1%
5.7%
9.8%
7.7%
6.3%
7.3%
8.4%
9.6%
6.8%
27
22
20
20
NR
NR
NR
NR
NR
1.8%
2.8%
1.4%
0.3%
NR
NR
NR
NR
NR
27
22
20
20
NR
NR
NR
NR
NR
14.2%
12.0%
4.8%
4.5%
NR
NR
NR
NR
NR
28
24
20
22
30
28
27
22
31
0.5%
0.7%
0.2%
0.3%
0.9%
0.1%
1.5%
0.5%
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=
30
26
35
22
31
29
28
22
33
Decreased
20%
42%
31%
27%
29%
13%
14%
14%
9%
Increased
33%
19%
29%
41%
29%
45%
43%
50%
52%
47%
38%
40%
32%
42%
41%
43%
36%
39%
30
25
35
23
30
29
28
22
33
Decreased
37%
36%
34%
43%
33%
21%
36%
18%
12%
Increased
30%
28%
20%
26%
37%
28%
18%
41%
45%
No Change
33%
36%
46%
30%
30%
52%
46%
41%
42%
30
25
35
23
31
28
NR
NR
NR
Decreased
57%
52%
43%
39%
23%
32%
NR
NR
NR
Increased
17%
24%
34%
35%
55%
32%
NR
NR
NR
No Change
27%
24%
23%
26%
23%
36%
29
25
33
23
31
29
28
22
Decreased
34%
36%
9%
22%
13%
17%
11%
18%
3%
Increased
21%
24%
36%
30%
52%
38%
50%
45%
55%
45%
40%
55%
48%
35%
45%
39%
36%
42%
30
24
35
23
31
28
28
22
33
Decreased
23%
21%
20%
26%
13%
18%
14%
23%
9%
Increased
27%
29%
31%
39%
48%
29%
57%
50%
55%
No Change
50%
50%
49%
35%
39%
54%
29%
27%
36%
No Change Delinquency Rate (%)
Delinquency Rate, Change from Previous Year (%)
Number of Loans/Investments in Workout (%)
n=
n=
n=
No Change Number of Loans Given Term Extensions (%)
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
NR
NR
NR 33
30
Table III. Results by Financing Sector Outlook III F. All Housing to Organizations Expected Demand for Financing(%)
n=
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
30
26
34
23
31
28
28
22
33
Decrease
0%
4%
3%
0%
10%
7%
11%
5%
9%
Increase
67%
65%
71%
70%
77%
59%
64%
68%
67%
No Change
33%
31%
26%
30%
13%
35%
25%
27%
24%
29
24
35
17
NR
NR
NR
NR
NR
Projected Financing Next Year (if no Capital 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 Year
n=
673
$
$
23.2
$ 15.5
$
121
$
75
$
4.2
$
3.3
$
29
n=
Projected Total Capital Needed Next Year (MM) Projected Average Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
$
n=
30
373
$
672
$
76
NR
NR
NR
NR
NR
$ 19.2
$
4.4
NR
NR
NR
NR
NR
35
NR
NR
NR
NR
NR
NR
$ 138.2
NR
NR
NR
NR
NR
NR
23
3.9
NR
26
35
23
NR
NR
NR
NR
NR
31
28
28
22
33
Deteriorate
10%
4%
6%
4%
42%
50%
54%
50%
39%
Improve
43%
54%
37%
52%
23%
25%
18%
32%
24%
No Change
47%
42%
57%
43%
35%
25%
29%
18%
36%
30
26
34
22
30
27
22
NR
NR
0%
0%
9%
5%
7%
11%
Days Cash on Hand (%)
n=
0-90 days
5%
NR
NR
91-180 days
20%
4%
12%
9%
17%
19%
9%
NR
NR
181-365 days
30%
38%
29%
59%
30%
33%
50%
NR
NR
greater than 365
50%
58%
50%
27%
47%
37%
36%
NR
NR
30
26
35
23
31
28
28
21
32
83%
85%
69%
78%
81%
71%
61%
71%
63%
17%
15%
31%
22%
19%
29%
39%
29%
38%
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
31
Table III. Results by Financing Sector Demand, Originations and Capital III G. All Intermediary Number of Financing Applications Received (%)
10Q4 2
n=
10Q3
10Q2
2
3
10Q1
09Q4
2
3
09Q3 1
09Q2 2
09Q1
08Q4
5
2
Decreased
0%
0%
67%
0%
0%
0%
0%
0%
0%
Increased
50%
50%
0%
50%
0%
100%
100%
60%
100%
No Change
50%
50%
33%
50%
100%
0%
0%
40%
0%
2
2
3
2
3
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
Increased No Change Number of Loans/Investments Originated (%)
n=
1
NR
NR
NR
0%
50%
33%
0%
0%
0%
NR
NR
NR
50%
50%
33%
50%
0%
100%
NR
NR
NR
50%
0%
33%
50%
100%
0%
NR
NR
NR
2
2
3
2
3
1
2
5
2
Decreased
0%
0%
33%
0%
33%
0%
0%
0%
0%
Increased
100%
50%
33%
50%
33%
100%
50%
20%
50%
0%
50%
33%
50%
33%
0%
50%
80%
50%
2
2
3
2
3
1
NR
NR
NR
0%
50%
33%
0%
33%
0%
NR
NR
NR
100%
50%
33%
50%
33%
100%
NR
NR
NR
0%
0%
33%
50%
33%
0%
NR
NR
NR
No Change Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
Increased No Change
2
2
3
2
3
1
2
5
Decreased
Ability to Access Capital (%)
0%
0%
0%
50%
67%
0%
50%
60%
100%
Increased
0%
0%
0%
0%
0%
0%
0%
0%
0%
100%
100%
100%
50%
33%
100%
50%
40%
0%
NR
NR
n=
No Change Ability to Access Capital, Change from Previous Year (%) n= Decreased Increased No Change Capital Liquidity (%)
2
2
2
3
2
3
1
0%
0%
67%
50%
67%
0%
NR
NR
NR
0%
0%
33%
0%
0%
0%
NR
NR
NR
100%
100%
0%
50%
33%
100%
NR
NR
NR
2
2
3
2
3
1
50%
0%
0%
0%
33%
0%
100%
Increased
0%
50%
67%
50%
33%
0%
0%
0%
0%
No Change
50%
50%
33%
50%
33%
100%
0%
40%
50%
NR
NR
n=
Decreased
Capital Liquidity, Change Over Previous Year(%)
2
NR
2 50%
2
2
3
2
3
1
Decreased
0%
0%
33%
0%
33%
0%
NR
NR
NR
Increased
100%
100%
33%
50%
33%
100%
NR
NR
NR
0%
0%
33%
50%
33%
0%
NR
NR
NR
n=
No Change Capital-Constrained (%)
NR
5 60%
2
2
3
2
3
1
2
5
2
Both
50%
50%
0%
50%
33%
0%
0%
20%
0%
Debt
0%
0%
0%
0%
0%
0%
0%
0%
0%
Equity
0%
0%
33%
0%
0%
0%
50%
20%
50%
Neither
50%
50%
67%
50%
67%
100%
50%
60%
50%
Capital Shortfall During the Quarter
n=
1
NR
1
NR
NR
NR
NR
NR
NR
Total Capital Shortfall During the Quarter ($ MM)
$
2.0
NR
$
2.0
NR
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
2.0
NR
$
2.0
NR
NR
NR
NR
NR
NR
2
2
3
2
3
1
2
5
2
Decreased
50%
0%
0%
0%
0%
0%
0%
0%
0%
Increased
0%
0%
0%
0%
0%
0%
0%
0%
50%
No Change
50%
100%
100%
100%
100%
100%
100%
100%
50%
Average Cost of Borrowed Capital
n=
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
32
Table III. Results by Financing Sector Portfolio Quality III G. All Intermediary
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
2
2
NR
NR
NR
NR
NR
NR
NR
5.0%
5.2%
NR
NR
NR
NR
NR
NR
NR
2
2
NR
NR
NR
NR
NR
NR
NR
31-60 days
0.1%
0.1%
NR
NR
NR
NR
NR
NR
NR
61-90 days
0.0%
0.0%
NR
NR
NR
NR
NR
NR
NR
90+ days
0.1%
0.3%
NR
NR
NR
NR
NR
NR
NR
Total
0.1%
0.4%
NR
NR
NR
NR
NR
NR
NR
2
2
NR
NR
NR
NR
NR
NR
NR
0.0%
0.0%
NR
NR
NR
NR
NR
NR
NR
2
2
NR
NR
NR
NR
NR
NR
NR
0.5%
0.6%
NR
NR
NR
NR
NR
NR
NR
2
2
NR
NR
NR
NR
NR
NR
NR
0.0%
0.3%
NR
NR
NR
NR
NR
NR
NR
3
2
3
1
2
5
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=
2
2
Decreased
50%
50%
0%
0%
0%
0%
0%
0%
0%
Increased
0%
0%
33%
50%
33%
0%
50%
20%
100%
50%
50%
67%
50%
67%
100%
50%
80%
0%
2
2
3
2
3
1
2
5
1
No Change Delinquency Rate (%)
n=
Decreased
100%
50%
33%
0%
0%
0%
0%
0%
0%
Increased
0%
0%
33%
50%
0%
0%
0%
0%
100%
No Change
0%
50%
33%
50%
100%
100%
100%
100%
0%
2
2
2
2
NR
NR
Decreased
50%
50%
0%
0%
0%
0%
NR
NR
NR
Increased
50%
50%
50%
100%
67%
100%
NR
NR
NR
No Change
0%
0%
50%
0%
33%
0%
NR
NR
NR
2
2
3
2
3
1
1
4
2
Decreased
0%
0%
0%
0%
0%
0%
0%
0%
0%
Increased
50%
0%
33%
50%
33%
100%
0%
0%
0%
50%
100%
67%
50%
67%
0%
100%
100%
100%
2
2
3
1
1
Delinquency Rate, Change from Previous Year (%)
Number of Loans/Investments in Workout (%)
n=
n=
No Change Number of Loans Given Term Extensions (%)
3
1
2
2
Decreased
0%
0%
0%
0%
0%
0%
Increased
50%
0%
50%
0%
33%
0%
No Change
50%
100%
50%
100%
67%
100%
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
NR
4
2
0%
0%
0%
0%
25%
0%
100%
75%
100%
33
Table III. Results by Financing Sector Outlook III G. All Intermediary Expected Demand for Financing(%)
10Q4
10Q3
2
n=
10Q2
10Q1
2
3
2
09Q4
09Q3
3
1
09Q2 1
09Q1
08Q4
5
NR
Decrease
0%
0%
0%
0%
0%
0%
0%
0%
NR
Increase
50%
100%
0%
0%
67%
0%
100%
60%
NR
No Change
50%
0%
100%
100%
33%
100%
0%
40%
NR
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
Projected Financing Next Year (if no Capital 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 Year
n=
46
$
23.0
Projected Average Capital Needed Next Year (MM) n=
Deteriorate
$
2
NR
NR
NR
NR
NR
NR
NR
$
2 6
$
4
NR
NR
NR
NR
NR
NR
NR
$
3.0
$
n=
Projected Total Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
$
1.8
NR
NR
NR
NR
NR
NR
NR
2
2
3
2
3
1
2
5
NR
0%
0%
0%
50%
0%
0%
0%
20%
NR
Improve
50%
0%
0%
50%
67%
0%
0%
0%
NR
No Change
50%
100%
100%
0%
33%
100%
100%
80%
NR
NR
NR
Days Cash on Hand (%)
n=
0-90 days
2
2
3
2
3
1
50%
0%
33%
0%
0%
0%
NR
NR
NR NR
91-180 days
0%
0%
0%
0%
33%
100%
NR
NR
NR
181-365 days
0%
50%
0%
100%
33%
0%
NR
NR
NR
50%
50%
67%
0%
33%
0%
NR
NR
NR
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
100%
100%
50%
100%
67%
100%
50%
20%
NR
0%
0%
50%
0%
33%
0%
50%
80%
NR
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
34
Table III. Results by Financing Sector Demand, Originations and Capital III H. All Microenterprise
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
16
23
17
18
16
13
20
11
22
Decreased
31%
22%
29%
17%
50%
15%
10%
9%
9%
Increased
50%
61%
65%
61%
44%
69%
80%
73%
77%
No Change
19%
17%
6%
22%
6%
15%
10%
18%
14%
16
23
17
18
16
13
NR
NR
NR
25%
22%
29%
11%
19%
23%
NR
NR
NR
56%
74%
59%
61%
81%
77%
NR
NR
NR
4%
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
Increased No Change
12%
28%
0%
0%
16
23
17
18
16
13
20
12
21
Decreased
31%
17%
24%
33%
31%
23%
20%
42%
24%
Increased
38%
65%
59%
50%
31%
62%
50%
42%
67%
No Change
31%
17%
18%
17%
38%
15%
30%
17%
10%
16
23
17
18
16
13
NR
NR
NR
38%
39%
18%
39%
13%
15%
NR
NR
NR
Increased
50%
52%
71%
39%
69%
69%
NR
NR
NR
No Change
13%
9%
12%
22%
19%
15%
NR
NR
NR
Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
Ability to Access Capital (%)
19% n=
n=
NR
13
15
10
8
15
8
19
0%
11%
0%
7%
30%
25%
27%
13%
32%
Increased
23%
28%
8%
33%
0%
25%
27%
63%
32%
No Change
77%
61%
92%
60%
70%
50%
47%
25%
37%
Ability to Access Capital, Change from Previous Year (%) n=
14
18
14
16
10
9
NR
NR
NR
Decreased
7%
6%
7%
13%
40%
22%
NR
NR
NR
Increased
57%
50%
57%
38%
20%
44%
NR
NR
NR
No Change
36%
44%
36%
50%
40%
33%
NR
NR
NR
n=
18
NR
Decreased
Capital Liquidity (%)
13
NR
15
21
16
17
16
13
20
12
22
Decreased
33%
24%
25%
24%
25%
23%
55%
25%
45%
Increased
40%
38%
44%
35%
31%
38%
15%
33%
23%
No Change
27%
38%
31%
41%
44%
38%
30%
42%
32%
NR
NR
NR
Capital Liquidity, Change Over Previous Year(%)
n=
15
22
16
18
16
13
Decreased
13%
23%
25%
22%
19%
31%
NR
NR
NR
Increased
60%
59%
50%
56%
44%
15%
NR
NR
NR
No Change
27%
18%
25%
22%
38%
54%
NR
NR
NR
17
18
16
13
Capital-Constrained (%)
n=
16
23
Both
0%
9%
18%
Debt
6%
4%
Equity
0%
22%
Neither
94%
65%
Capital Shortfall During the Quarter
n=
22
8%
10%
8%
0%
6%
19%
15%
20%
25%
9%
6%
11%
19%
15%
15%
17%
14%
76%
83%
50%
62%
55%
50%
59%
3
NR
NR
NR
NR
NR
0.5
$
1.9
$
1.1
$
0.8
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
0.5
$
0.3
$
0.4
$
0.3
NR
NR
NR
NR
NR
17
18
15
13
20
12
22
0%
18%
11%
20%
8%
15%
17%
5%
5%
0%
6%
7%
0%
5%
8%
9%
95%
82%
83%
73%
92%
80%
75%
86%
15
22
Decreased
0%
Increased
0% 100%
No Change
n=
3
18%
$
n=
7
12
13%
Total Capital Shortfall During the Quarter ($ MM) Average Cost of Borrowed Capital
1
20
0%
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
35
Table III. Results by Financing Sector Portfolio Quality III H. All Microenterprise
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
15
20
13
13
12
NR
NR
NR
NR
11.8%
14.1%
23.9%
16.9%
12.7%
NR
NR
NR
NR
15
20
13
14
12
13
20
12
22
31-60 days
2.0%
2.2%
2.7%
2.6%
3.2%
3.3%
2.5%
7.3%
3.8%
61-90 days
1.1%
3.3%
1.5%
1.8%
1.6%
2.1%
1.4%
4.4%
2.1%
90+ days
6.4%
5.9%
4.4%
5.4%
8.4%
5.3%
9.3%
7.0%
10.1%
Total
9.5%
11.4%
8.6%
9.8%
13.2%
10.6%
13.2%
18.7%
15.9%
15
17
12
12
NR
NR
NR
NR
NR
0.2%
0.6%
3.5%
0.2%
NR
NR
NR
NR
NR
15
17
12
12
NR
NR
NR
NR
NR
8.4%
9.4%
6.1%
6.6%
NR
NR
NR
NR
NR
15
20
13
14
12
13
18
12
22
1.2%
1.2%
1.7%
2.1%
3.5%
2.4%
1.2%
1.1%
4.7%
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=
15
21
16
17
15
13
20
12
22
Decreased
20%
24%
13%
18%
27%
0%
10%
0%
18%
Increased
13%
24%
38%
35%
33%
46%
40%
67%
41%
67%
52%
50%
47%
40%
54%
50%
33%
41%
16
22
17
18
16
13
20
12
22
Decreased
31%
50%
41%
44%
56%
23%
40%
17%
18%
Increased
44%
41%
29%
33%
44%
62%
45%
50%
50%
No Change
25%
9%
29%
22%
0%
15%
15%
33%
32%
NR
NR
NR
No Change Delinquency Rate (%)
Delinquency Rate, Change from Previous Year (%)
n=
16
21
17
18
16
13
Decreased
31%
57%
47%
39%
44%
23%
NR
NR
NR
Increased
56%
29%
41%
50%
50%
62%
NR
NR
NR
No Change
13%
14%
12%
11%
6%
15%
15
22
17
18
Decreased
33%
27%
12%
6%
6%
8%
15%
8%
5%
Increased
27%
27%
41%
44%
69%
62%
45%
58%
68%
40%
45%
47%
50%
25%
31%
40%
33%
27%
16
22
17
18
16
13
20
12
22
Number of Loans/Investments in Workout (%)
n=
n=
No Change Number of Loans Given Term Extensions (%)
n=
16
13
NR 20
NR
NR
12
22
Decreased
6%
36%
18%
17%
13%
0%
5%
0%
0%
Increased
38%
18%
18%
33%
31%
46%
65%
58%
73%
No Change
56%
45%
65%
50%
56%
54%
30%
42%
27%
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
36
Table III. Results by Financing Sector Outlook III H. All Microenterprise Expected Demand for Financing(%)
n=
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
16
23
17
18
16
13
20
12
22
Decrease
13%
9%
0%
0%
19%
8%
5%
0%
0%
Increase
63%
61%
65%
83%
63%
77%
80%
92%
95%
No Change
25%
30%
35%
17%
19%
15%
15%
8%
5%
15
21
16
14
NR
NR
NR
NR
NR
Projected Financing Next Year (if no Capital 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 Year
n=
45
$
57
$
37
$
8
NR
NR
NR
NR
NR
$
3.0
$
2.7
$
2.3
$
0.6
NR
NR
NR
NR
NR
16
NR
NR
NR
NR
NR
NR
$
15 12
$
15
$
7.9
NR
NR
NR
NR
NR
NR
$
0.8
$
0.7
$
0.5
n=
Projected Total Capital Needed Next Year (MM) Projected Average Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
$
21
16
23
17
6%
4%
Improve
44%
No Change
50%
n=
Deteriorate
Days Cash on Hand (%)
NR
NR
18
16
0%
11%
13%
30%
59%
44%
65%
41%
44%
NR 13
NR
NR
NR
20
12
22
8%
15%
17%
36%
50%
54%
50%
58%
41%
38%
38%
35%
25%
23%
NR
NR
14
22
16
18
15
13
14
0-90 days
29%
18%
13%
28%
13%
15%
57%
NR
NR
91-180 days
21%
32%
31%
28%
47%
31%
29%
NR
NR
181-365 days
29%
23%
31%
39%
40%
46%
7%
NR
NR
greater than 365
21%
27%
25%
6%
0%
8%
7%
NR
NR
15
21
15
18
16
13
20
12
20
87%
86%
100%
72%
75%
62%
70%
75%
75%
13%
14%
0%
28%
25%
38%
30%
25%
25%
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
37
Table IV. Results by Region Demand, Originations and Capital IV A. All Midwest CDFIs
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
28
27
27
25
25
27
30
24
22
Decreased
36%
30%
19%
16%
24%
15%
7%
21%
18%
Increased
29%
26%
52%
48%
36%
67%
73%
58%
68%
No Change
36%
44%
30%
36%
40%
19%
20%
21%
14%
28
27
27
25
25
26
NR
NR
NR
29%
44%
26%
16%
16%
12%
NR
NR
NR
43%
33%
52%
48%
52%
73%
NR
NR
NR
29%
22%
22%
36%
32%
15%
28
27
28
25
25
27
30
24
21
Decreased
46%
41%
11%
48%
20%
11%
10%
46%
29%
Increased
36%
26%
57%
32%
44%
59%
57%
25%
52%
No Change
18%
33%
32%
20%
36%
30%
33%
29%
19%
28
27
28
25
25
26
NR
NR
NR
32%
33%
36%
48%
24%
27%
NR
NR
NR
Increased
46%
26%
46%
28%
52%
50%
NR
NR
NR
No Change
21%
41%
18%
24%
24%
23%
NR
NR
NR
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
Increased No Change Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
Ability to Access Capital (%)
n=
n=
NR
NR
NR
25
22
18
18
17
24
24
20
20
Decreased
8%
5%
0%
33%
18%
21%
33%
40%
15%
Increased
24%
41%
39%
22%
29%
21%
21%
20%
35%
No Change
68%
55%
61%
44%
53%
58%
46%
40%
50%
Ability to Access Capital, Change from Previous Year (%) n=
24
24
18
18
19
23
NR
NR
NR
Decreased
4%
8%
17%
11%
42%
22%
NR
NR
NR
Increased
58%
50%
50%
44%
26%
30%
NR
NR
NR
No Change
38%
42%
33%
44%
32%
48%
NR
NR
NR
Capital Liquidity (%)
n=
29
26
28
25
25
26
29
23
22
Decreased
14%
23%
32%
20%
20%
23%
31%
35%
27%
Increased
41%
46%
29%
36%
20%
31%
24%
35%
36%
No Change
45%
31%
39%
44%
60%
46%
45%
30%
36%
NR
NR
NR
Capital Liquidity, Change Over Previous Year(%)
n=
27
27
28
25
24
26
Decreased
19%
22%
25%
16%
17%
27%
NR
NR
NR
Increased
67%
44%
43%
56%
42%
58%
NR
NR
NR
No Change
15%
33%
32%
28%
42%
15%
NR
NR
NR
29
27
28
25
25
26
30
24
22
3%
4%
4%
16%
24%
15%
23%
25%
18%
Capital-Constrained (%)
n=
n=
Both Debt
3%
7%
0%
8%
8%
15%
7%
8%
9%
Equity
10%
15%
11%
0%
12%
8%
7%
4%
23%
Neither
83%
74%
86%
76%
56%
62%
63%
63%
50%
6
3
6
NR
NR
NR
NR
NR
Total Capital Shortfall During the Quarter ($ MM)
Capital Shortfall During the Quarter
$
13.0
$
1.3
$ 43.3
$
3.2
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
2.6
$
0.2
$ 14.4
$
0.5
NR
NR
NR
NR
NR
27
28
25
25
27
29
24
22
Average Cost of Borrowed Capital
5
n=
n=
27
Decreased
7%
11%
7%
12%
20%
7%
14%
8%
14%
Increased
7%
4%
7%
0%
8%
7%
10%
25%
14%
No Change
85%
85%
86%
88%
72%
85%
76%
67%
73%
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
38
Table IV. Results by Region Portfolio Quality IV A. All Midwest CDFIs
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
25
25
19
30
23
NR
NR
NR
NR
8.8%
11.6%
11.8%
11.5%
8.5%
NR
NR
NR
NR
25
25
19
30
23
23
27
21
21
31-60 days
2.9%
2.6%
6.5%
4.2%
1.2%
2.2%
3.5%
2.9%
2.5%
61-90 days
0.9%
1.0%
1.0%
3.0%
1.9%
0.7%
1.6%
1.9%
2.0%
90+ days
6.3%
4.2%
5.6%
6.0%
4.8%
6.9%
3.6%
2.9%
5.1%
10.1%
7.8%
13.1%
13.2%
7.9%
9.8%
8.7%
7.7%
9.7%
23
24
17
26
NR
NR
NR
NR
NR
0.8%
1.1%
1.5%
0.1%
NR
NR
NR
NR
NR
23
24
17
26
NR
NR
NR
NR
NR
7.1%
7.7%
3.7%
5.7%
NR
NR
NR
NR
NR
25
25
19
30
23
23
27
23
21
1.4%
0.6%
0.4%
1.8%
0.9%
0.7%
0.5%
0.6%
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=
27
26
28
25
25
27
30
24
22
Decreased
30%
38%
14%
12%
12%
7%
10%
17%
23%
Increased
33%
31%
46%
36%
40%
33%
30%
38%
18%
37%
31%
39%
52%
48%
59%
60%
46%
59%
27
26
28
25
25
27
30
24
22
Decreased
56%
42%
39%
20%
24%
19%
27%
29%
14%
Increased
30%
31%
43%
48%
36%
44%
43%
29%
41%
No Change
15%
27%
18%
32%
40%
37%
30%
42%
45%
28
26
28
25
25
26
NR
NR
NR
Decreased
46%
46%
32%
32%
32%
15%
NR
NR
NR
Increased
46%
31%
46%
52%
44%
50%
NR
NR
NR
No Change
7%
23%
21%
16%
24%
35%
Number of Loans/Investments in Workout (%)
26
26
27
25
25
27
Decreased
23%
27%
4%
12%
8%
7%
15%
4%
0%
Increased
31%
19%
41%
40%
48%
44%
37%
43%
45%
46%
54%
56%
48%
44%
48%
48%
52%
55%
26
25
28
24
25
26
28
23
21
Decreased
12%
20%
11%
8%
4%
4%
0%
9%
5%
Increased
35%
16%
32%
50%
48%
35%
36%
35%
48%
No Change
54%
64%
57%
42%
48%
62%
64%
57%
48%
No Change Delinquency Rate (%)
Delinquency Rate, Change from Previous Year (%)
n=
n=
n=
No Change Number of Loans Given Term Extensions (%)
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
NR 27
NR
NR
23
22
39
Table IV. Results by Region Outlook IV A. All Midwest CDFIs Expected Demand for Financing(%)
n=
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
28
27
28
25
25
26
27
23
22
Decrease
4%
7%
0%
0%
4%
4%
7%
0%
9%
Increase
71%
67%
75%
84%
80%
58%
70%
83%
91%
No Change
25%
26%
25%
16%
16%
38%
22%
17%
0%
26
25
27
24
NR
NR
NR
NR
NR
244
NR
NR
NR
NR
NR
$ 10.2
NR
NR
NR
NR
NR
Projected Financing Next Year (if no Capital 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 Year
n=
380
$
$
14.6
$ 17.2
26
Projected Average Capital Needed Next Year (MM)
429
27
NR
NR
NR
NR
NR
NR
41
24
$ 100.0
NR
NR
NR
NR
NR
NR
$
2.9
$
1.7
$
4%
Improve No Change Days Cash on Hand (%)
$ 23.1
$
$
27
Deteriorate
623
76 27
n=
$
$
n=
Projected Total Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
$
3.7
NR
NR
NR
NR
NR
NR
28
25
25
26
29
23
22
7%
14%
20%
48%
46%
45%
61%
45%
48%
48%
39%
52%
28%
15%
24%
17%
27%
48%
44%
46%
28%
24%
38%
31%
22%
27%
30
27
NR
NR
27
25
25
25
22
0-90 days
10%
7%
11%
20%
16%
16%
41%
NR
NR
91-180 days
33%
33%
33%
20%
32%
24%
23%
NR
NR
181-365 days
27%
22%
19%
28%
28%
16%
23%
NR
NR
greater than 365
30%
37%
37%
32%
24%
44%
14%
NR
NR
28
26
28
25
24
26
28
23
21
89%
77%
71%
76%
63%
65%
75%
65%
62%
11%
23%
29%
24%
38%
35%
25%
35%
38%
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
40
Table IV. Results by Region Demand, Originations and Capital IV B. All Northeast CDFIs
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
31
34
34
26
30
31
35
27
35
Decreased
23%
44%
24%
31%
37%
19%
29%
19%
26%
Increased
52%
38%
56%
42%
27%
48%
37%
52%
57%
No Change
26%
18%
21%
27%
37%
32%
34%
30%
17%
31
33
33
26
28
31
NR
NR
NR
23%
42%
45%
42%
29%
23%
NR
NR
NR
58%
48%
30%
38%
54%
61%
NR
NR
NR
9%
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
Increased No Change
24%
19%
18%
16%
31
34
34
26
30
31
35
28
34
Decreased
23%
47%
26%
38%
37%
29%
26%
39%
38%
Increased
55%
35%
44%
38%
37%
48%
37%
36%
41%
No Change
23%
18%
29%
23%
27%
23%
37%
25%
21%
31
34
34
26
30
31
NR
NR
NR
39%
53%
47%
38%
33%
35%
NR
NR
NR
Increased
52%
41%
32%
46%
50%
35%
NR
NR
NR
No Change
10%
6%
21%
15%
17%
29%
NR
NR
NR
30
Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
Ability to Access Capital (%)
19% n=
n=
NR
NR
NR
29
27
22
25
25
31
23
25
Decreased
7%
7%
10%
0%
8%
24%
32%
43%
56%
Increased
31%
37%
23%
18%
32%
24%
16%
17%
16%
No Change
62%
56%
67%
82%
60%
52%
52%
39%
28%
29
29
29
24
24
25
NR
NR
NR
n=
Ability to Access Capital, Change from Previous Year (%) n= Decreased
10%
3%
10%
13%
29%
32%
NR
NR
NR
Increased
45%
66%
45%
42%
33%
24%
NR
NR
NR
No Change
45%
31%
45%
46%
38%
44%
NR
NR
NR
30
34
34
25
30
31
36
28
35
Decreased
Capital Liquidity (%)
17%
12%
29%
24%
20%
23%
47%
57%
60%
Increased
50%
53%
35%
28%
47%
35%
22%
14%
23%
No Change
33%
35%
35%
48%
33%
42%
31%
29%
17%
NR
NR
NR
Capital Liquidity, Change Over Previous Year(%)
n=
31
34
34
26
30
31
Decreased
26%
12%
29%
31%
33%
26%
NR
NR
NR
Increased
48%
65%
44%
35%
43%
29%
NR
NR
NR
No Change
26%
24%
26%
35%
23%
45%
NR
NR
NR
Capital-Constrained (%)
n=
30
34
32
26
28
29
36
28
35
Both
7%
9%
9%
15%
25%
28%
25%
29%
31%
Debt
0%
0%
0%
0%
7%
17%
14%
25%
20%
Equity
7%
9%
19%
8%
18%
7%
19%
11%
11%
Neither
87%
82%
72%
77%
50%
48%
42%
36%
37%
Capital Shortfall During the Quarter
n=
6
NR
NR
NR
NR
NR
Total Capital Shortfall During the Quarter ($ MM)
$
8.3
4 $
5.8
$
8.4
$
3.2
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
2.1
$
1.4
$
1.7
$
n=
4
5
0.5
NR
NR
NR
NR
NR
31
34
34
25
30
29
35
28
34
Decreased
23%
18%
21%
20%
20%
10%
20%
25%
9%
Increased
13%
15%
21%
8%
17%
14%
20%
18%
21%
No Change
65%
68%
59%
72%
63%
76%
60%
57%
71%
Average Cost of Borrowed Capital
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
41
Table IV. Results by Region Portfolio Quality IV B. All Northeast CDFIs
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
29
31
19
30
23
NR
NR
NR
NR
13.9%
8.9%
11.8%
11.5%
8.5%
NR
NR
NR
NR
29
31
19
30
23
23
27
21
28
31-60 days
2.3%
3.5%
6.5%
4.2%
1.2%
2.2%
3.5%
2.9%
2.9%
61-90 days
0.7%
2.0%
1.0%
3.0%
1.9%
0.7%
1.6%
1.9%
1.8%
90+ days
8.0%
4.9%
5.6%
6.0%
4.8%
6.9%
3.6%
2.9%
7.3%
11.0%
10.4%
13.1%
13.2%
7.9%
9.8%
8.7%
7.7%
12.0%
25
25
17
26
NR
NR
NR
NR
NR
0.7%
0.6%
1.5%
0.1%
NR
NR
NR
NR
NR
25
25
17
26
NR
NR
NR
NR
NR
8.4%
9.4%
3.7%
5.7%
NR
NR
NR
NR
NR
29
31
19
30
23
23
27
23
28
0.7%
1.2%
0.4%
1.8%
0.9%
0.7%
0.5%
0.6%
1.0%
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=
31
32
34
24
30
31
36
28
34
Decreased
26%
25%
26%
21%
13%
13%
11%
7%
18%
Increased
16%
34%
24%
25%
33%
39%
36%
46%
50%
58%
41%
50%
54%
53%
48%
53%
46%
32%
31
32
34
26
30
31
36
28
34
Decreased
39%
38%
26%
46%
30%
13%
39%
14%
21%
Increased
23%
47%
29%
27%
40%
45%
28%
32%
50%
No Change
39%
16%
44%
27%
30%
42%
33%
54%
29%
31
31
33
26
30
31
NR
NR
NR
Decreased
48%
39%
42%
38%
30%
39%
NR
NR
NR
Increased
23%
48%
36%
42%
37%
35%
NR
NR
NR
No Change
29%
13%
21%
19%
33%
26%
30
31
34
26
30
31
Decreased
30%
19%
18%
15%
3%
3%
11%
7%
6%
Increased
23%
16%
29%
42%
53%
42%
51%
36%
63%
47%
65%
53%
42%
43%
55%
37%
57%
31%
30
31
33
26
30
31
35
28
35
Decreased
20%
23%
21%
19%
7%
10%
6%
4%
3%
Increased
20%
16%
21%
23%
27%
19%
46%
39%
49%
No Change
60%
61%
58%
58%
67%
71%
49%
57%
49%
No Change Delinquency Rate (%)
Delinquency Rate, Change from Previous Year (%)
Number of Loans/Investments in Workout (%)
n=
n=
n=
No Change Number of Loans Given Term Extensions (%)
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
NR 35
NR
NR
28
35
42
Table IV. Results by Region Outlook IV B. All Northeast CDFIs Expected Demand for Financing(%)
n=
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
30
33
34
26
25
26
27
23
35
Decrease
0%
15%
6%
0%
4%
4%
7%
0%
3%
Increase
63%
48%
50%
65%
80%
58%
70%
83%
77%
No Change
37%
36%
44%
35%
16%
38%
22%
17%
20%
28
30
33
24
NR
NR
NR
NR
NR
244
NR
NR
NR
NR
NR
$ 10.2
NR
NR
NR
NR
NR
Projected Financing Next Year (if no Capital 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 Year
n=
447
$
$
16.0
$ 11.2
27
Projected Average Capital Needed Next Year (MM) n=
336
$
464
$ 14.1 34
NR
NR
NR
NR
NR
NR
81
$
81
$ 110.9
NR
NR
NR
NR
NR
NR
$
3.0
$
2.9
$
31
28
$
$
n=
Projected Total Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
$
3.3
NR
32
34
26
NR
NR
NR
NR
NR
25
26
29
23
34
Deteriorate
10%
3%
3%
4%
48%
46%
45%
61%
59%
Improve
29%
28%
24%
38%
28%
15%
24%
17%
15%
No Change
61%
69%
74%
58%
24%
38%
31%
22%
26%
30
33
NR
NR
33
24
25
25
22
0-90 days
Days Cash on Hand (%)
13%
6%
21%
21%
16%
16%
41%
NR
NR
91-180 days
30%
30%
24%
29%
32%
24%
23%
NR
NR
181-365 days
27%
36%
24%
33%
28%
16%
23%
NR
NR
greater than 365
30%
27%
30%
17%
24%
44%
14%
NR
NR
31
33
31
25
24
26
28
23
35
94%
91%
77%
80%
63%
65%
75%
65%
57%
6%
9%
23%
20%
38%
35%
25%
35%
43%
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
43
Table IV. Results by Region Demand, Originations and Capital IV C. All South CDFIs
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
34
30
33
36
35
40
36
32
30
Decreased
38%
23%
21%
25%
23%
8%
14%
22%
10%
Increased
41%
53%
58%
50%
34%
53%
53%
47%
60%
No Change
21%
23%
21%
25%
43%
40%
33%
31%
30%
33
30
33
36
35
40
NR
NR
NR
27%
37%
27%
22%
23%
18%
NR
NR
NR
61%
43%
61%
56%
49%
58%
NR
NR
NR
12%
20%
12%
22%
29%
25%
34
30
33
36
35
39
36
32
30
Decreased
26%
30%
21%
36%
23%
18%
14%
25%
20%
Increased
59%
50%
45%
31%
31%
46%
56%
31%
57%
No Change
15%
20%
33%
33%
46%
36%
31%
44%
23%
33
30
33
36
35
40
NR
NR
NR
45%
50%
30%
36%
26%
18%
NR
NR
NR
Increased
45%
43%
58%
36%
43%
48%
NR
NR
NR
No Change
9%
7%
12%
28%
31%
35%
NR
NR
NR
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
Increased No Change Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
Ability to Access Capital (%)
n=
n=
NR
NR
26
30
27
23
30
31
23
25
Decreased
3%
12%
13%
15%
17%
23%
35%
30%
36%
Increased
28%
38%
23%
30%
26%
33%
19%
35%
8%
No Change
69%
50%
63%
56%
57%
43%
45%
35%
56%
Ability to Access Capital, Change from Previous Year (%) n=
32
27
29
30
26
31
NR
NR
NR
Decreased
9%
7%
21%
20%
15%
35%
NR
NR
NR
Increased
50%
48%
52%
30%
46%
29%
NR
NR
NR
No Change
41%
44%
28%
50%
38%
35%
NR
NR
NR
Capital Liquidity (%)
32
NR
n=
34
30
33
36
35
40
36
32
31
Decreased
26%
30%
39%
22%
26%
28%
31%
31%
32%
Increased
35%
47%
27%
33%
31%
33%
25%
34%
26%
No Change
38%
23%
33%
44%
43%
40%
44%
34%
42%
NR
NR
NR
Capital Liquidity, Change Over Previous Year(%)
n=
33
30
33
36
35
39
Decreased
30%
43%
33%
28%
40%
36%
NR
NR
NR
Increased
58%
47%
33%
33%
37%
23%
NR
NR
NR
No Change
12%
10%
33%
39%
23%
41%
NR
NR
NR
Capital-Constrained (%)
n=
34
30
33
36
35
39
36
32
31
Both
15%
20%
24%
22%
26%
28%
28%
31%
19%
Debt
9%
13%
3%
6%
17%
10%
14%
13%
13%
Equity
9%
7%
12%
17%
20%
18%
17%
9%
16%
Neither
68%
60%
61%
56%
37%
44%
42%
47%
52%
Capital Shortfall During the Quarter
n=
10
10
10
6
NR
NR
NR
NR
NR
Total Capital Shortfall During the Quarter ($ MM)
$
19.8
$ 17.5
$ 25.3
$
3.2
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
2.0
$
$
$
Average Cost of Borrowed Capital
n=
n=
34
1.7
0.5
NR
NR
NR
NR
NR
29
2.5 30
35
34
39
36
32
31
Decreased
6%
14%
13%
11%
18%
13%
17%
16%
23%
Increased
18%
10%
20%
9%
9%
10%
14%
9%
6%
No Change
76%
76%
67%
80%
74%
77%
69%
75%
71%
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
44
Table IV. Results by Region Portfolio Quality IV C. All South CDFIs
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
28
23
19
30
23
NR
NR
NR
NR
10.4%
10.3%
11.8%
11.5%
8.5%
NR
NR
NR
NR
28
23
19
30
23
23
27
21
26
31-60 days
1.3%
1.5%
6.5%
4.2%
1.2%
2.2%
3.5%
2.9%
2.8%
61-90 days
0.9%
0.6%
1.0%
3.0%
1.9%
0.7%
1.6%
1.9%
2.2%
90+ days
5.0%
6.9%
5.6%
6.0%
4.8%
6.9%
3.6%
2.9%
9.9%
Total
7.2%
9.1%
13.1%
13.2%
7.9%
9.8%
8.7%
7.7%
15.0%
21
16
17
26
NR
NR
NR
NR
NR
1.7%
0.9%
1.5%
0.1%
NR
NR
NR
NR
NR
21
16
17
26
NR
NR
NR
NR
NR
4.8%
4.7%
3.7%
5.7%
NR
NR
NR
NR
NR
28
23
19
30
23
23
27
23
26
1.0%
0.6%
0.4%
1.8%
0.9%
0.7%
0.5%
0.6%
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=
34
29
33
36
35
40
36
32
31
Decreased
21%
31%
18%
11%
26%
13%
8%
13%
6%
Increased
32%
41%
45%
47%
29%
45%
44%
53%
52%
47%
28%
36%
42%
46%
43%
47%
34%
42%
34
28
33
36
34
40
35
32
31
Decreased
44%
36%
33%
33%
35%
20%
23%
16%
0%
Increased
24%
29%
27%
36%
35%
35%
37%
28%
48%
No Change
32%
36%
39%
31%
29%
45%
40%
56%
52%
33
27
33
36
35
40
NR
NR
NR
Decreased
55%
41%
42%
22%
23%
20%
NR
NR
NR
Increased
33%
41%
36%
44%
60%
50%
NR
NR
NR
No Change
12%
19%
21%
33%
17%
30%
32
28
32
36
34
40
Decreased
16%
21%
6%
14%
9%
10%
8%
9%
10%
Increased
41%
21%
38%
28%
41%
43%
47%
44%
63%
44%
57%
56%
58%
50%
48%
44%
47%
27%
34
29
33
36
34
40
36
32
31
No Change Delinquency Rate (%)
Delinquency Rate, Change from Previous Year (%)
Number of Loans/Investments in Workout (%)
n=
n=
n=
No Change Number of Loans Given Term Extensions (%)
n=
NR 36
NR
NR
32
30
Decreased
9%
28%
24%
14%
12%
5%
11%
9%
6%
Increased
35%
21%
24%
22%
35%
38%
42%
38%
55%
No Change
56%
52%
52%
64%
53%
58%
47%
53%
39%
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
45
Table IV. Results by Region Outlook IV C. All South CDFIs Expected Demand for Financing(%)
n=
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
34
29
32
35
25
26
27
23
30
Decrease
6%
7%
0%
3%
4%
4%
7%
0%
7%
Increase
68%
72%
78%
63%
80%
58%
70%
83%
83%
No Change
26%
21%
22%
34%
16%
38%
22%
17%
10%
31
25
33
24
NR
NR
NR
NR
NR
244
NR
NR
NR
NR
NR
$ 10.2
NR
NR
NR
NR
NR
Projected Financing Next Year (if no Capital 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 Year
n=
600
$
$
19.4
$ 20.0
33
NR
NR
NR
NR
NR
NR
$
156
$
166
$ 198.0
NR
NR
NR
NR
NR
NR
$
5.2
$
6.6
$
30
n=
Projected Total Capital Needed Next Year (MM) Projected Average Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
$
501
$
565
$ 17.1
25
6.0
NR
29
6%
3%
12%
Improve
56%
41%
No Change
38%
55%
33
30
32
36
25
9%
7%
13%
11%
16%
91-180 days
18%
27%
22%
39%
32%
181-365 days
33%
23%
22%
31%
28%
greater than 365
39%
43%
44%
19%
34
29
33
79%
86%
21%
14%
Deteriorate
Days Cash on Hand (%)
n=
0-90 days
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
36
NR
34
n=
33
$
NR
NR
NR
NR
25
26
29
23
30
6%
48%
46%
45%
61%
30%
45%
36%
28%
15%
24%
17%
37%
42%
58%
24%
38%
31%
22%
33%
25
22
NR
NR
16%
41%
NR
NR
24%
23%
NR
NR
16%
23%
NR
NR
24%
44%
14%
NR
NR
35
24
26
28
23
30
76%
80%
63%
65%
75%
65%
63%
24%
20%
38%
35%
25%
35%
37%
46
Table IV. Results by Region Demand, Originations and Capital IV D. All West CDFIs
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
22
30
29
18
30
23
25
22
29
Decreased
50%
30%
28%
17%
33%
26%
12%
9%
21%
Increased
27%
37%
48%
56%
60%
65%
84%
82%
69%
No Change
23%
33%
24%
28%
7%
9%
4%
9%
10%
22
30
27
17
29
23
27%
37%
37%
12%
24%
30%
NR
NR
NR
59%
40%
37%
71%
69%
52%
NR
NR
NR
14%
23%
26%
18%
7%
17%
22
30
29
18
30
23
26
23
30
Decreased
41%
37%
28%
39%
33%
26%
12%
30%
30%
Increased
45%
30%
48%
44%
47%
48%
58%
39%
43%
No Change
14%
33%
24%
17%
20%
26%
31%
30%
27%
22
30
29
17
29
23
NR
NR
NR
36%
27%
41%
24%
31%
35%
NR
NR
NR
Increased
41%
43%
38%
59%
55%
35%
NR
NR
NR
No Change
23%
30%
21%
18%
14%
30%
NR
NR
NR
12
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
Increased No Change Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
Ability to Access Capital (%)
n=
n=
18
NR
NR
NR
NR
NR
NR
26
23
25
15
17
16
23
Decreased
6%
12%
22%
8%
36%
40%
35%
50%
48%
Increased
33%
54%
17%
42%
12%
7%
18%
19%
22%
No Change
61%
35%
61%
50%
52%
53%
47%
31%
30%
19
26
25
14
21
17
NR
NR
NR
Decreased
21%
15%
24%
14%
29%
29%
NR
NR
NR
Increased
58%
54%
32%
36%
14%
18%
NR
NR
NR
No Change
21%
31%
44%
50%
57%
53%
NR
NR
NR
n=
Ability to Access Capital, Change from Previous Year (%) n=
21
29
28
18
30
23
26
23
30
Decreased
Capital Liquidity (%)
38%
21%
29%
17%
23%
30%
42%
30%
40%
Increased
38%
48%
25%
50%
37%
26%
15%
35%
30%
No Change
24%
31%
46%
33%
40%
43%
42%
35%
30%
NR
NR
NR
Capital Liquidity, Change Over Previous Year(%)
n=
21
28
28
17
30
23
Decreased
24%
21%
25%
29%
27%
39%
NR
NR
NR
Increased
48%
54%
39%
41%
33%
26%
NR
NR
NR
No Change
29%
25%
36%
29%
40%
35%
NR
NR
NR
Capital-Constrained (%)
n=
30
29
17
30
Both
5%
13%
14%
0%
7%
Debt
0%
3%
7%
6%
Equity
0%
3%
3%
0%
Neither
95%
80%
76%
Capital Shortfall During the Quarter
22
n=
5
23
30
13%
27%
10%
9%
19%
17%
17%
23%
13%
15%
13%
7%
94%
60%
61%
54%
57%
50%
6
NR
NR
NR
NR
NR
$
2.0
$
2.7
$
3.1
$
3.2
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
2.0
$
0.4
$
0.6
$
0.5
NR
NR
NR
NR
NR
18
29
22
26
22
29
n=
7
26 12%
Total Capital Shortfall During the Quarter ($ MM) Average Cost of Borrowed Capital
1
23 17%
22
30
29
Decreased
5%
7%
7%
11%
21%
0%
12%
14%
7%
Increased
9%
7%
3%
17%
10%
0%
12%
9%
17%
No Change
86%
87%
90%
72%
69%
100%
77%
77%
76%
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
47
Table IV. Results by Region Portfolio Quality IV D. All West CDFIs
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
18
28
19
30
23
NR
NR
NR
NR
6.4%
7.7%
11.8%
11.5%
8.5%
NR
NR
NR
NR
18
28
19
30
23
23
27
21
24
31-60 days
1.7%
2.2%
6.5%
4.2%
1.2%
2.2%
3.5%
2.9%
2.5%
61-90 days
1.0%
1.0%
1.0%
3.0%
1.9%
0.7%
1.6%
1.9%
0.7%
90+ days
2.2%
3.2%
5.6%
6.0%
4.8%
6.9%
3.6%
2.9%
4.0%
Total
4.8%
6.4%
13.1%
13.2%
7.9%
9.8%
8.7%
7.7%
7.2%
16
25
17
26
NR
NR
NR
NR
NR
1.9%
1.9%
1.5%
0.1%
NR
NR
NR
NR
NR
16
25
17
26
NR
NR
NR
NR
NR
11.2%
7.3%
3.7%
5.7%
NR
NR
NR
NR
NR
18
28
19
30
23
23
27
23
24
0.6%
0.4%
0.4%
1.8%
0.9%
0.7%
0.5%
0.6%
2.6%
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=
20
28
28
18
28
23
25
22
29
Decreased
25%
29%
29%
11%
14%
13%
16%
5%
3%
Increased
35%
36%
25%
44%
43%
61%
32%
50%
45%
40%
36%
46%
44%
43%
26%
52%
45%
52%
21
28
29
18
29
23
25
22
29
Decreased
43%
32%
28%
17%
24%
30%
32%
23%
3%
Increased
43%
32%
31%
44%
41%
48%
16%
50%
66%
No Change
14%
36%
41%
39%
34%
22%
52%
27%
31%
21
28
29
16
29
23
NR
NR
NR
Decreased
38%
36%
41%
31%
14%
13%
NR
NR
NR
Increased
38%
32%
34%
50%
72%
52%
NR
NR
NR
No Change
24%
32%
24%
19%
14%
35%
22
27
28
18
30
23
Decreased
23%
15%
7%
6%
7%
9%
8%
13%
0%
Increased
27%
22%
32%
44%
60%
43%
46%
43%
47%
50%
63%
61%
50%
33%
48%
46%
43%
53%
21
27
29
17
29
23
25
22
29
No Change Delinquency Rate (%)
Delinquency Rate, Change from Previous Year (%)
Number of Loans/Investments in Workout (%)
n=
n=
n=
No Change Number of Loans Given Term Extensions (%)
n=
NR 26
NR
NR
23
30
Decreased
10%
4%
14%
24%
7%
9%
8%
0%
0%
Increased
19%
22%
21%
41%
59%
35%
56%
41%
52%
No Change
71%
74%
66%
35%
34%
57%
36%
59%
48%
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
48
Table IV. Results by Region Outlook IV D. All West CDFIs Expected Demand for Financing(%)
n=
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
22
30
29
18
25
26
27
23
30
Decrease
0%
0%
0%
11%
4%
4%
7%
0%
3%
Increase
64%
57%
59%
83%
80%
58%
70%
83%
83%
No Change
36%
43%
41%
6%
16%
38%
22%
17%
13%
20
26
27
24
NR
NR
NR
NR
NR
244
NR
NR
NR
NR
NR
$ 10.2
NR
NR
NR
NR
NR
Projected Financing Next Year (if no Capital 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 Year
n=
334
$
223
$
$
16.7
$
8.6
$ 11.8
20
Projected Average Capital Needed Next Year (MM) n=
$
27
NR
NR
NR
NR
NR
NR
61
$
53
$ 89.8
NR
NR
NR
NR
NR
NR
$
3.0
$
2.0
$
21
26
318
$
n=
Projected Total Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
$
3.3
30
29
NR
NR
NR
NR
NR
NR
18
25
26
29
23
29
Deteriorate
10%
3%
7%
17%
48%
46%
45%
61%
45%
Improve
38%
37%
38%
39%
28%
15%
24%
17%
21%
No Change
52%
60%
55%
44%
24%
38%
31%
22%
34%
28
NR
NR
21
29
18
25
25
22
0-90 days
Days Cash on Hand (%)
10%
21%
7%
11%
16%
16%
41%
NR
NR
91-180 days
14%
28%
25%
17%
32%
24%
23%
NR
NR
181-365 days
33%
17%
32%
67%
28%
16%
23%
NR
NR
greater than 365
43%
34%
36%
6%
24%
44%
14%
NR
NR
21
29
28
18
24
26
28
23
27
90%
90%
86%
78%
63%
65%
75%
65%
70%
10%
10%
14%
22%
38%
35%
25%
35%
30%
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
49
Table V: Trend Analysis All Summary V. Results for Trend Respondents
10Q4
All Type
42 n=
Banks Credit Unions
2%
Loan Funds
95%
Venture Funds Financing Sector
42 2%
0% n=
Business
42 26%
Commercial Real Estate
7%
Community Services
7%
Consumer
2%
Housing to Individuals
12%
Housing to Organizations
33%
Intermediary
2%
Microenterprise
10%
Multiple/Other
0%
Urban/Rural Market
n=
42
Equally Rural/Urban
17%
Primarily Rural
29%
Primarily Urban
55%
Region
n=
42
Midwest
26%
Northeast
24%
South*
33%
West
17%
Asset Size
n=
41
Assets > $50MM
41%
Assets between $10-50MM
37%
Assets < $10MM
22%
* Includes Puerto Rico.
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
50
Table V: Trend Analysis Demand, Originations and Capital V. Results for Trend Respondents
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
42
41
41
41
41
41
39
40
33
Decreased
43%
34%
20%
24%
34%
20%
15%
15%
21%
Increased
36%
37%
59%
44%
34%
54%
59%
63%
48%
No Change
21%
29%
22%
32%
32%
27%
26%
23%
30%
42
40
40
41
39
41
NR
NR
NR
31%
40%
33%
24%
21%
24%
NR
NR
NR
57%
35%
35%
44%
54%
63%
NR
NR
NR
12%
25%
33%
32%
26%
12%
42
41
41
41
41
40
41
42
33
Decreased
38%
41%
15%
56%
32%
23%
10%
36%
30%
Increased
52%
29%
51%
27%
37%
53%
71%
40%
33%
No Change
10%
29%
34%
17%
32%
25%
20%
24%
36%
42
41
41
41
41
41
NR
NR
NR
45%
41%
37%
44%
29%
29%
NR
NR
NR
Increased
38%
32%
41%
39%
46%
49%
NR
NR
NR
No Change
17%
27%
22%
17%
24%
22%
NR
NR
NR
40
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change from Previous Year (%) Decreased
n=
n=
Increased No Change Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change from Previous Year (%) Decreased
Ability to Access Capital (%)
n=
n=
n=
NR
NR
NR
36
35
36
35
39
37
36
30
Decreased
10%
3%
6%
11%
14%
13%
22%
25%
33%
Increased
28%
42%
29%
14%
23%
23%
19%
28%
27%
No Change
63%
56%
66%
75%
63%
64%
59%
47%
40%
39
39
35
37
38
39
NR
NR
NR
Ability to Access Capital, Change from Previous Year (%) n= Decreased
13%
8%
17%
22%
24%
18%
NR
NR
NR
Increased
44%
59%
43%
27%
29%
31%
NR
NR
NR
No Change
44%
33%
40%
51%
47%
51%
NR
NR
NR
41
40
40
41
41
41
40
41
34
Decreased
Capital Liquidity (%)
27%
15%
30%
24%
17%
24%
33%
34%
26%
Increased
41%
58%
28%
29%
29%
41%
18%
34%
35%
No Change
32%
28%
43%
46%
54%
34%
50%
32%
38%
NR
NR
NR
Capital Liquidity, Change from Previous Year (%)
n=
41
40
40
41
41
41
Decreased
29%
25%
25%
34%
24%
34%
NR
NR
NR
Increased
46%
58%
38%
29%
44%
41%
NR
NR
NR
No Change
24%
18%
38%
37%
32%
24%
NR
NR
NR
Capital-Constrained (%)
n=
41
41
41
41
41
41
42
34
Both
7%
15%
15%
27%
22%
27%
22%
29%
18%
Debt
5%
5%
7%
5%
15%
17%
20%
17%
18%
Equity
7%
5%
15%
7%
24%
10%
7%
5%
15%
Neither
81%
76%
63%
61%
39%
46%
51%
50%
50%
Capital Shortfall During the Quarter
n=
42
n=
Total Capital Shortfall During the Quarter ($ MM) Average Capital Shortfall During the Quarter ($ MM)
7
8
6
NR
NR
NR
NR
NR
$
21.5
$ 12.7
$
26.0
$
3.2
NR
NR
NR
NR
NR
$
3.1
$
$
3.7
$
0.5
NR
NR
NR
NR
NR
42
41
40
40
41
41
41
42
34
Decreased
14%
12%
10%
15%
20%
10%
17%
14%
24%
Increased
19%
17%
10%
8%
12%
10%
17%
29%
18%
No Change
67%
71%
80%
78%
68%
80%
66%
57%
59%
Average Cost of Borrowed Capital
n=
1.6
7
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
51
Table V: Trend Analysis Portfolio Quality V. Results for Trend Respondents
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
38
40
33
36
38
NR
NR
NR
NR
8.5%
8.8%
9.0%
7.6%
6.9%
NR
NR
NR
NR
38
40
33
36
38
39
39
42
34
31-60 days
1.7%
1.9%
1.6%
1.5%
2.4%
2.0%
2.4%
3.0%
2.6%
61-90 days
1.0%
0.7%
1.7%
1.1%
1.2%
0.8%
1.7%
2.0%
1.6%
90+ days
3.7%
4.8%
4.8%
4.3%
4.8%
5.0%
5.6%
4.2%
5.2%
6.4%
7.4%
8.1%
6.9%
8.4%
7.9%
9.7%
9.2%
9.3%
31
36
31
32
NR
NR
NR
NR
NR
0.9%
0.8%
0.7%
0.7%
NR
NR
NR
NR
NR
31
36
31
32
NR
NR
NR
NR
NR
11.0%
7.2%
3.8%
4.2%
NR
NR
NR
NR
NR
38
40
33
36
38
NR
NR
NR
NR
1.0%
0.8%
0.7%
0.5%
1.3%
NR
40
41
Average Loan Loss Reserve (%)
n=
Loan Loss Reserve Average Portfolio-at-Risk
n=
Total Average Non-Accruals (%)
n=
Non-Accruals Average Loans Restructured (%) Loans Restructured Average Net Charge-Offs (%)
n=
Net Charge-Offs Loan Loss Reserve Ratio (%)
n=
41
40
40
41
NR 41
NR
NR
42
34
Decreased
34%
35%
20%
17%
20%
17%
17%
17%
18%
Increased
32%
43%
53%
41%
33%
41%
34%
45%
44%
34%
23%
28%
41%
48%
41%
49%
38%
38%
42
41
41
41
41
41
41
42
34
Decreased
52%
27%
44%
39%
32%
22%
32%
19%
15%
Increased
26%
44%
34%
34%
44%
46%
37%
48%
56%
No Change
21%
29%
22%
27%
24%
32%
32%
33%
29%
42
40
41
41
41
41
NR
NR
NR
Decreased
48%
38%
41%
32%
29%
27%
NR
NR
NR
Increased
33%
35%
46%
44%
49%
49%
NR
NR
NR
19%
28%
12%
24%
22%
24%
40
41
40
41
41
41
40
41
Decreased
28%
22%
13%
17%
5%
15%
10%
10%
6%
Increased
28%
34%
43%
41%
44%
39%
50%
51%
56%
45%
44%
45%
41%
51%
46%
40%
39%
38%
41
40
41
40
40
41
40
41
34
Decreased
24%
23%
22%
20%
18%
15%
10%
12%
6%
Increased
27%
25%
32%
25%
33%
22%
30%
32%
53%
No Change
49%
53%
46%
55%
50%
63%
60%
56%
41%
No Change Delinquency Rate (%)
Delinquency Rate, Change from Previous Year (%)
n=
n=
No Change Number of Loans/Investments in Workout (%)
n=
No Change Number of Loans Given Term Extensions (%)
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
NR
NR
NR 34
52
Table V: Trend Analysis Outlook V. Results for Trend Respondents Expected Demand for Financing(%)
n=
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
42
41
40
41
41
41
40
41
34
Decrease
2%
2%
0%
2%
2%
0%
5%
2%
3%
Increase
64%
61%
70%
76%
63%
66%
73%
63%
76%
No Change
33%
37%
30%
22%
34%
34%
23%
34%
21%
38
35
41
6
NR
NR
NR
NR
NR
$ 1,047.8
$ 954.8
$ 1,091.4
$
3.2
NR
NR
NR
NR
NR
$
27.6
$ 27.3
$
26.6
$
0.5
NR
NR
NR
NR
NR
37
32
6
NR
NR
NR
NR
NR
$
228.9
$ 232.6
$
319.7
$
3.2
NR
NR
NR
NR
NR
$
6.2
$
$
7.8
$
Projected Financing Next Year (if no Capital Constraints) Projected Total Financing Next Quarter (if no Capital Constraints) (MM) Projected Average Financing Next Quarter (if no Capital Constraints) (MM) Projected Additional Capital Needed Next Year
n=
n=
Projected Total Capital Needed Next Year (MM) Projected Average Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
n=
7.3
0.5
NR
NR
NR
NR
NR
41
41
41
41
41
41
34
5%
10%
12%
20%
15%
15%
29%
41%
33%
34%
27%
34%
20%
29%
27%
15%
24%
64%
61%
63%
54%
61%
56%
59%
56%
35%
40
NR
NR
NR
42
41
2%
Improve No Change
Deteriorate
Days Cash on Hand (#)
41
40
39
40
39
0-90 days
12%
10%
18%
15%
13%
8%
NR
NR
NR
91-180 days
27%
15%
23%
28%
23%
35%
NR
NR
NR
181-365 days
32%
38%
26%
30%
33%
30%
NR
NR
NR
greater than 365
29%
38%
33%
28%
31%
28%
NR
NR
NR
41
40
40
41
40
40
41
41
33
85%
88%
75%
83%
80%
78%
73%
78%
70%
15%
13%
25%
17%
20%
23%
27%
22%
30%
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
41
n=
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II - Detailed Tables
53
Appendices Appendix I. Methodology and Changes in Survey Questionnaire over Time A. Methodology OFN distributed the online survey to more than 900 CDFIs. A total of 117 CDFIs responded to the survey in January and February, 2011. OFN contacted respondents to clarify responses and provided additional data when necessary. Portfolio Quality: In this report, we adjusted the fourth quarter 2008 through third quarter 2009 portfolio quality data by removing CDFIs that did not provide all portfolio performance data (delinquencies, charge-offs, and loan loss reserves). This correction makes the reporting on these quarters consistent with similar changes we made in the fourth quarter 2009 and had applied going forward from that date. In addition, we conducted further analysis on our fourth quarter 2009 through fourth quarter 2010 portfolio data, followed up with respondents with missing data, and were able to include more CDFIs in the analysis in these quarters. These changes can be seen in the detailed tables in this report as well as on page 6 of the companion report, CDFI Market Conditions, Fourth Quarter 2010, Report I – Results and Analysis, in the “Comparison to FDICInsured Institutions” section, Table 1) CDFI Industry Portfolio Performance. As in previous quarterly surveys, we analyzed portfolio quality data in two ways. First we analyzed the averages per respondent. This methodology weighs each CDFI equally regardless of size. We also analyzed the portfolio quality of the respondents as a whole. This analysis, provided in the section titled “Comparison to FDIC-Insured Institutions” in the CDFI Market Conditions, Fourth Quarter 2010, Report I – Results and Analysis on page 6, 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.
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II – Detailed Tables
54
A. Changes in Survey Questionnaire Over Time In the second quarter 2010, we reorganized the questions in the survey instrument into five sections to facilitate the process of filling out the survey for our CDFI participants: • • • • •
PART PART PART PART PART
I. II. III. IV. V.
DEMAND FOR FINANCING CAPITALIZATION AND LIQUIDITY FINANCIAL AND PORTFOLIO DATA MARKET OUTLOOK ORGANIZATION INFORMATION
Survey questions which request information on changes over the previous quarter versus changes over the previous year were categorized separately in subsections under Parts I through IV and the number of questions was reduced. Changes to Survey Questions Financial and Portfolio Information – We clarified financial and portfolio information should be provided for on-balance sheet data only. In addition, we added the following questions in the third quarter 2010: Off-Balance Sheet Only:
(In this section, please only include loans not on your balance sheet for which your CDFI tracks delinquencies. This section includes loans such as NMTC loans that are not consolidated on CDFI’s Balance Sheet but for which CDFI retains recourse, loans sold by the CDFI for which the CDFI retains recourse, and any other loans not on the balance sheet for which the CDFI retains recourse and tracks delinquencies.)
Loan Portfolio Outstanding at quarter-end ($): Principal balance of delinquent loans that are > 30 Days Delinquent (Credit Unions NCUA Form 5300 Equivalent: 2 plus months) at quarter-end ($): Net Charge-offs in the Loan Portfolio during this past quarter ($):
Nonaccruals – We added this question in 1stQ 2009. Restructures – We added this question in 1stQ 2009. Intermediaries – We added Intermediaries as one of the primary financing types in 1stQ 2009. Lessons Learned Since the Start of the Economic and Credit Crunch – We added this question in 1stQ 2009. Number of Employees at Businesses Financed – We added this question in 1stQ 2009. Capital Shortfall During the Quarter – We added this question in 1stQ 2009. Estimated Originations in the Coming Quarter if Your CDFI Did Not Have Capital Constraints – We added this question in 1stQ 2009. Fiscal Year End – We added this question in 4thQ 2009. $ Loan Loss Reserve (cash + accounting reserves) – We added this question in 4thQ 2009
Opportunity Finance Network CDFI Market Conditions Report, Third Quarter 2009
55
If the number of originations is not keeping pace with the increase in financing applications received, please explain why – In the 4thQ 2009 we added a new response option “capital liquidity.” Change Over Year – In 3rdQ 2009, we added five questions on changes over the previous year (financing applications received, originations, delinquency, access to capital, and capital liquidity). What steps has your CDFI taken to date in response to capital liquidity or operating difficulties? - In the 1stQ 2009 we changed this question to “What steps has your CDFI taken since the start of the economic downturn and credit crunch in response to capital liquidity or operating difficulties?” For the 4thQ 2008 survey, asset size is Asset Size – We began collecting asset size in the 1stQ 2009 survey. estimated based on portfolio outstanding and the industry average ratio of portfolio outstanding to total assets. For 3rdQ 2008, asset size is not estimated. Days of Operating Cash on Hand – In the 1stQ 2009 we changed the follow up question to “If you have 0-90 days of operating cash, what are the implications for your organization?” Charge-offs – We began collecting charge-offs in 4thQ 2008. Charge-offs are gross in 4thQ 2008; they are net of recoveries in the following quarters. Expected Change in Portfolio Quality – The 4thQ 2008 responses add up to more than 100% because respondents were allowed to provide multiple responses.
Opportunity Finance Network CDFI Market Conditions Report, Third Quarter 2009
56
Appendix II. List of CDFIs Participating in the OFN Market Conditions Survey A. All Respondents, 4thQ10 Asset Group
Primary Type of Financing
Region
AAFE Community Development Fund
Organization Name
Small
Housing to Individuals
Northeast
2
ACCION New Mexico-Arizona-Colorado
Small
Microenterprise
West
3
ACCION Texas Louisiana
Medium
Microenterprise
South
4
ACE - Access to Capital for Entrepreneurs
Small
Business
South
5
Allegany Community Development Services
Small
Microenterprise
Northeast
6
Baltimore Community Lending
Medium
Housing to Organizations
South
7
Bethel A.M.E. Church Federal Credit Union
Small
Consumer
Midwest
8
BOC Capital Corporation
Small
Microenterprise
Northeast
9
Boston Community Capital
Large
Housing to Organizations
Northeast
10
Calvert Social Investment Foundation
Large
Intermediary
South
11
Century Housing Corporation
Large
Housing to Organizations
West
12
Chi Ishobak
Small
Business
Midwest
13
Chicago Community Loan Fund
Medium
Housing to Organizations
Midwest
14
Chugach Region Community Loan Fund
Small
Microenterprise
West
15
Cincinnati Development Fund
Large
Housing to Organizations
Midwest
16
Citizen Potawatomi Community Development Corporation
Medium
Business
South
17
Clearinghouse Community Development Financial Institution
Large
Housing to Organizations
West
18
Coastal Enterprises
Large
Business
Northeast
19
Community Assets for People LLC
Small
Business
Midwest
20
Community First Fund
Medium
Business
Northeast
21
Community Investment Corporation
Large
Commercial Real Estate
Midwest
22
Community Redevelopment Loan and Investment Fund (CRLIF)
Small
Housing to Organizations
South
23
Community Reinvestment Fund USA
Large
Business
Midwest
1
24
Community Resource Group
Medium
Community Services/Facilities
South
25
Cooperative Business Assistance Corporation
Medium
Microenterprise
Northeast
26
Cooperative Fund of New England
Small
Business
South
27
Corporation for Supportive Housing
Large
Housing to Organizations
Northeast
28
Eastern Dakota Housing Alliance
Small
Housing to Organizations
Midwest
29
Economic and Community Development Institute
Small
Microenterprise
Midwest
30
Economic Opportunities Fund
Small
Business
Northeast
31
El Paso Collaborative for Community and Economic Dev.
Small
Housing to Individuals
South
32
Enterprise Cascadia
Large
Business
West
33
Enterprise Community Loan Fund
Medium
Housing to Organizations
South
34
Entrepreneur Works Fund
Small
Microenterprise
Northeast
35
Fallon County Federal Credit Union
Small
Housing to Individuals
West
36
Federation of Appalachian Housing Enterprises (FAHE)
Medium
Housing to Organizations
South
37
First State Community Loan Fund
Small
Business
South
38
Florida Community Loan Fund
Medium
Housing to Organizations
South
39
Genesis Fund
Small
Housing to Organizations
Northeast Northeast
40
Grow America Fund
Large
Business
41
Home HeadQuarters
Medium
Housing to Individuals
Northeast
42
HomeSight
Large
Housing to Individuals
West
43
Homewise
Large
Housing to Individuals
West
44
Hope Community Credit Union
Large
Commercial Real Estate
South
45
Housing Assistance Council
Large
Housing to Organizations
South
46
Housing Partnership Fund, The
Small
Housing to Organizations
Northeast
47
Howland-Enfield FCU
Small
Consumer
Northeast
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II – Detailed Tables
57
Appendix II. List of CDFIs Participating in the OFN Market Conditions Survey A. All Respondents, 4thQ10, continued Organization Name 48
Illinois Facilities Fund (IFF)
Asset Group
Primary Type of Financing
Region
Large
Community Services/Facilities
Midwest
49
Impact Seven
Large
Business
Midwest
50
Indian Land Capital Company
Small
Intermediary
Midwest
51
Indianapolis Neighborhood Housing Partnership, Inc
Medium
Housing to Individuals
Midwest
52
Initiative Foundation
Medium
Business
Midwest
53
Institute for Community Economics
Small
Housing to Organizations
South
54
Kentucky Highlands Investment Corporation
Large
Business
South
55
Kootenai Valley Federal Credit Union
Small
Consumer
West
56
Lakota Fund, The
Small
Microenterprise
Midwest
57
Local Initiatives Support Corporation
Large
Housing to Organizations
Northeast
58
Los Angeles LDC
Small
Business
West
59
Low Income Investment Fund
Large
Housing to Organizations
West
60
Lower East Side People's Federal Credit Union
Medium
Housing to Individuals
Northeast
61
MACED
Medium
Business
South
62
Midwest Housing Development Fund
Small
Housing to Organizations
Midwest
63
Mile High Community Loan Fund
Medium
Housing to Organizations
West
64
Montana Community Development Corporation
Medium
Microenterprise
West South
65
Mountain BizWorks
Small
Microenterprise
66
MS Gulf Coast Renaissance Corporation
Medium
Housing to Individuals
South
67
Murex Investments
Small
Business
Northeast
68
National Housing Trust Community Development Fund
Small
Housing to Organizations
South
69
Natural Capital Investment Fund
Small
Business
South
70
NCALL Research
Small
Housing to Organizations
South
71
NCB Capital Impact
Large
Community Services/Facilities
South
72
Nehemiah Community Reinvestment Fund
Medium
Housing to Organizations
West
73
Neighborhood Housing Services
Small
Housing to Individuals
West
74
Neighborhood Housing Services of Chicago
Medium
Housing to Individuals
Midwest
75
Neighborhood Housing Services of New York City, Inc.
Medium
Housing to Individuals
Northeast
76
Neighborhood Housing Services of Toledo
Medium
Housing to Individuals
Midwest
77
NeighborWorks Capital
Medium
Housing to Organizations
South
78
NEIGHBORWORKS DAKOTA HOME RESOURCES
Small
Housing to Individuals
Midwest
79
NeighborWorks Montana
Medium
Housing to Individuals
West
80
New Hampshire Community Loan Fund
Large
Housing to Organizations
Northeast
81
New Jersey Community Capital Loan Fund
Medium
Commercial Real Estate
Northeast
82
New Mexico Community Capital
Small
Business
West
83
New Mexico Community Development Loan Fund, The
Medium
Microenterprise
West
84
Newrizons Federal Credit Union
Small
Consumer
West
85
Nonprofit Finance Fund
Large
Community Services/Facilities
Northeast
86
North Carolina Community Development Initiative
Small
Community Services/Facilities
South
87
North Carolina Minority Support Center
Small
Business
South
88
North Dade Community Development FCU
Small
Consumer
South
89
Northeast Entrepreneur Fund, Inc.
Small
Microenterprise
Midwest
90
Northeast South Dakota Economic Corporation (NESDEC)
Medium
Business
Midwest
91
Northern California Community Loan Fund
Medium
Housing to Organizations
West
92
Northern Initiatives Economic Corporation
Small
Microenterprise
Midwest
93
Northland Foundation
Medium
Business
Midwest
94
Northside Community Development Fund
Small
Business
Northeast
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II – Detailed Tables
58
Appendix II. List of CDFIs Participating in the OFN Market Conditions Survey A. All Respondents, 4thQ10, continued Organization Name 95
Northwest Ohio Development Agency
Asset Group
Primary Type of Financing
Region
Small
Housing to Individuals
Midwest
96
Opportunities Credit Union
Medium
Business
Northeast
97
Opportunity Resource Fund
Small
Housing to Organizations
Midwest
98
Partners for the Common Good
Small
Community Services/Facilities
South
99
South
Rising Tide Community Loan Fund
Large
Microenterprise
100
Rural Community Assistance Corporation (RCAC)
Large
Housing to Organizations
West
101
Rural Electric Economic Development
Medium
Business
Midwest
102
Rutland West Neighborhood Housing Services
Medium
Housing to Individuals
Northeast
103
Seedco Financial Services
Large
Business
Northeast
104
Self-Help Ventures Fund
Large
Housing to Individuals
South
105
Siouxland Economic Development Corporation
Small
Business
Midwest
106
Southern Bancorp Bank
Large
Commercial Real Estate
South
107
Southern Mutual Financial Services
Small
Housing to Individuals
South
108
Texas Mezzanine Fund
Medium
Business
South
109
The Disability Opportunity Fund
Small
Housing to Organizations
Northeast
110
The Reinvestment Fund (TRF)
Large
Community Services/Facilities
Northeast
111
Vermont Community Loan Fund
Medium
Housing to Organizations
Northeast
112
Ways to Work
Medium
Consumer
Midwest
113
Western Massachusetts Enterprise Fund
Small
Business
Northeast
114
Wisconsin Women's Business Initiative Corporation
Small
Business
Midwest
115
Women's Economic Self-Sufficiency Team (WESST Corp.)
Small
Microenterprise
West
116
WomenVenture
Small
Business
Midwest
117
YouthBuild Loan Fund
Small
Business
Northeast
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II – Detailed Tables
59
Appendix II. List of CDFIs Participating in the OFN Market Conditions Survey B. Trend Sample, 4thQ08 – 4thQ10 Asset Group
Primary Type of Financing
Region
1
ACCION New Mexico-Arizona-Colorado
Organization Name
Small
Microenterprise
West
2
ACCION Texas Louisiana
Medium
Microenterprise
South
3
ACE - Access to Capital for Entrepreneurs
Small
Business
South
4
Baltimore Community Lending
Medium
Housing to Organizations
South
5
Boston Community Capital
Large
Housing to Organizations
Northeast
6
Chicago Community Loan Fund
Medium
Housing to Organizations
Midwest
7
Citizen Potawatomi Community Development Corporation
Medium
Business
South
8
Coastal Enterprises
Large
Business
Northeast
9
Community First Fund
Medium
Business
Northeast
10
Community Investment Corporation
Large
Commercial Real Estate
Midwest
11
Community Reinvestment Fund USA
Large
Business
Midwest
12
Cooperative Business Assistance Corporation
Medium
Microenterprise
Northeast
13
Corporation for Supportive Housing
Large
Housing to Organizations
Northeast
14
Enterprise Cascadia
Large
Business
West
15
HomeSight
Large
Housing to Individuals
West
16
Homewise
Large
Housing to Individuals
West
17
Hope Community Credit Union
Large
South Midwest Midwest
18
Illinois Facilities Fund (IFF)
Large
Commercial Real Estate Community Services/Facilities
19
Indian Land Capital Company
Small
Intermediary
20
Local Initiatives Support Corporation
Large
Housing to Organizations
Northeast
21
Low Income Investment Fund
Large
Housing to Organizations
West
22
Midwest Housing Development Fund
Small
Housing to Organizations
Midwest
23
National Housing Trust Community Development Fund
Small
Housing to Organizations
South
24
NCALL Research
Small
South
25
NCB Capital Impact
Large
Housing to Organizations Community Services/Facilities
South
26
Nehemiah Community Reinvestment Fund
Medium
Housing to Organizations
West
27
Neighborhood Housing Services of Chicago
Medium
Housing to Individuals
Midwest
28
NeighborWorks Capital
Medium
Housing to Organizations
South
29
New Hampshire Community Loan Fund
Large
Northeast Northeast
30
Nonprofit Finance Fund
Large
Housing to Organizations Community Services/Facilities
31
Northland Foundation
Medium
Business
Midwest
32
Rising Tide Community Loan Fund
Large
Microenterprise
South
33
Rural Community Assistance Corporation (RCAC)
Large
Housing to Organizations
West
34
Rural Electric Economic Development
Medium
Business
Midwest
35
Self-Help Ventures Fund
Large
Housing to Individuals
South
36
Southern Bancorp Bank
Large
Commercial Real Estate
South
37
Southern Mutual Financial Services
Small
Housing to Individuals
South
38
Texas Mezzanine Fund
Medium
Business
South
39
Vermont Community Loan Fund
Medium
Housing to Organizations
Northeast
40
Ways to Work
Medium
Consumer
Midwest
41
Western Massachusetts Enterprise Fund
Small
Business
Northeast
42
Wisconsin Women's Business Initiative Corporation
Small
Business
Midwest
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II – Detailed Tables
60
Appendix III. Composition of Breakout Samples
Housing to Organizations
0%
0%
0%
0%
0%
11% 29%
11% 2%
0% 7%
56% 1%
22% 16%
0% 29%
0% 15%
0% 2%
100%
0%
0%
0%
0%
0%
0%
0%
Consumer
Intermediary
Housing to Individuals
0%
Community Services
100%
Commercial Real Estate
0%
Business Banks Credit Unions Loan Funds Venture Funds
Microenterprise
A. Sectoral Composition by Financial Institution Type, 4thQ10
Small Medium Large
0% 3% 10%
9% 3% 0%
13% 26% 10%
19% 29% 34%
21% 11% 3%
Intermediary
Microenterprise
Housing to Organizations
Housing to Individuals
Consumer
Community Services 4% 3% 14%
2% 0% 3%
Midwest Northeast South West
37% 32% 26% 14%
3% 3% 6% 0%
3% 6% 12% 0%
7% 3% 3% 9%
17% 16% 12% 23%
17% 26% 29% 32%
Opportunity Finance Network CDFI Market Conditions Report, Fourth Quarter 2010, Report II – Detailed Tables
13% 13% 9% 23%
Intermediary
Microenterprise
Housing to Organizations
Housing to Individuals
Consumer
Community Services
Commercial Real Estate
Sectoral Composition by Region, 4thQ10
Business
C.
32% 26% 24%
Commercial Real Estate
Business
B. Sectoral Composition of Asset Size, 4thQ10
3% 0% 3% 0%
61
