CDFI Market Conditions Q111 Report II
CDFI Market Conditions First Quarter 2011 Report II – Detailed Tables Published June 2011
The Opportunity Finance Network CDFI Market Conditions Report is a quarterly publication based on quarterly surveys of community development financial institutions (CDFIs). Opportunity Finance Network began conducting these surveys in October 2008 to better understand the impacts of tight credit markets and the economic downturn on the opportunity finance industry. Each report provides a near-real-time view of market conditions and CDFI responses, analysis of regional and financing sector differences, and analysis of important trends.
Opportunity Finance Network Public Ledger Building 620 Chestnut Street Suite 572 Philadelphia, PA 19106-3413
P 215.923.4754 F 215.923.4755 www.opportunityfinance.net
CDFI Market Conditions Report First Quarter 2011 Published June 2011 INTRODUCTION This report presents the results of the eleventh consecutive quarterly CDFI Market Conditions Survey conducted in April through May 2011 covering the first quarter (January - March) of 2011. The quarterly CDFI Market Conditions Survey is the only survey of its kind; there is no other source of near-real-time data on CDFI industry performance. The CDFI Market Conditions Report comprises two separate documents: o o
CDFI Market Conditions, First Quarter 2011, Report I - Results and Analysis CDFI Market Conditions, First Quarter 2011, Report II - Detailed Tables
The first report provides a concise and streamlined presentation of the quarterly survey findings. It includes a discussion of the survey responses from the first quarter survey as well as a comparative analysis with previous quarters for both the full and trend survey samples. This document, Report II – Detailed Tables, provides the supporting data for the Report I analysis including data for the full and trend samples and all breakouts. It also includes the methodology and a list of survey respondents.
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II – Detailed Tables
i
TABLE OF CONTENTS Section I: All Respondents Table I. Results for All Respondents, 4thQ08 – 1stQ11
1
Table II. Results by Asset Size for all Respondents II. A. All Large CDFIs, 4thQ08 – 1stQ11 II. B. All Medium CDFIs, 4thQ08 – 1stQ11 II C. All Small CDFIs, 4thQ08 – 1stQ11
5 8 11
Table III. Results by Financing Sector III A. All Business, 4thQ08 – 1stQ11 III B. All Commercial Real Estate, 4thQ08 – 1stQ11 III C. All Community Services/Facilities, 4thQ08 – 1stQ11 III D. All Consumer, 4thQ08 – 1stQ11 III E. All Housing to Individuals, 4thQ08 – 1stQ11 III F. All Housing to Organizations, 4thQ08 – 1stQ11 III G. All Intermediary, 4thQ08 – 1stQ11 III H. All Microenterprise, 4thQ08 – 1stQ11
14 17 20 23 26 29 32 35
Table IV. Results by Region IV A. All Midwest CDFIs, 4thQ08 – 1stQ11 IV B. All Northeast CDFIs, 4thQ08 – 1stQ11 IV C. All South CDFIs, 4thQ08 – 1stQ11 IV D. All West CDFIs, 4thQ08 – 1stQ11
38 41 44 47
Section II: Trend Analysis Table V. Results for Trend Respondents, 1stQ09 – 1stQ11
50
Appendices: Appendix I. Methodology
54
Appendix II. List of CDFIs Participating in the OFN Market Conditions Survey A. All Respondents, 1stQ11 B. Trend Sample, 1stQ09 – 1stQ11
55 58
Appendix III. Composition of Breakout Samples A. Sectoral Composition of Financial Institution Type, 1stQ11 B. Sectoral Composition of Asset Size, 1stQ11 C. Sectoral Composition of Region, 1stQ11
59 59 59
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II – Detailed Tables
ii
Table I: All Respondents All Summary I. Results for All Respondents All Type
n=
Banks
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
151
117
121
124
106
120
128
131
112
117
151
117
121
124
106
120
128
131
112
117
2%
1%
1%
2%
2%
2%
2%
2%
3%
Credit Unions
10%
8%
9%
7%
10%
11%
12%
8%
5%
5%
Loan Funds
87%
90%
88%
89%
86%
84%
84%
86%
88%
92%
1%
2%
2%
2%
2%
3%
2%
3%
4%
3%
151
117
121
124
106
120
128
131
112
118
Venture Funds Financing Sector
n=
Business
0%
30%
28%
29%
27%
26%
27%
25%
25%
32%
24%
Commercial Real Estate
3%
3%
3%
3%
3%
4%
6%
3%
6%
2%
Community Services
6%
6%
6%
5%
7%
6%
5%
11%
9%
6%
Consumer
9%
5%
6%
8%
10%
9%
14%
7%
4%
5%
Housing to Individuals
13%
16%
14%
13%
12%
13%
13%
14%
13%
15%
Housing to Organizations
20%
26%
21%
28%
23%
26%
26%
24%
20%
28%
2%
2%
2%
2%
2%
3%
1%
2%
4%
2%
17%
14%
19%
14%
17%
13%
10%
15%
12%
19%
Intermediary Microenterprise
151
117
121
124
106
120
128
131
112
118
Equally Rural/Urban
Urban/Rural Market
21%
14%
16%
21%
21%
23%
20%
18%
19%
19%
Primarily Rural
25%
33%
30%
27%
28%
26%
26%
32%
29%
28%
Primarily Urban
54%
53%
55%
52%
51%
52%
55%
50%
52%
53%
Region
n=
151
117
121
124
106
120
128
131
112
118
Midwest
26%
26%
22%
23%
24%
21%
21%
24%
22%
19%
Northeast
21%
26%
28%
27%
25%
25%
26%
27%
27%
30%
South*
30%
29%
25%
27%
35%
29%
34%
29%
30%
26%
West
23%
19%
25%
23%
17%
25%
20%
20%
21%
25%
Asset Size
n=
142
115
120
124
106
120
128
131
111
114
Assets > $50MM
n=
27%
24%
26%
26%
24%
23%
21%
18%
21%
17%
Assets between $10-50MM
27%
30%
31%
33%
33%
36%
31%
35%
37%
30%
Assets < $10MM
46%
45%
43%
41%
43%
41%
48%
47%
42%
54%
* Includes Puerto Rico.
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
1
Table I: All Respondents Demand, Originations and Capital I. Results for All Respondents
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
151
115
121
123
106
120
128
129
110
116
Decreased
35%
36%
32%
23%
23%
29%
17%
16%
18%
19%
Increased
40%
38%
39%
54%
48%
39%
55%
59%
58%
63%
No Change
25%
26%
29%
24%
29%
32%
28%
25%
24%
18%
151
114
120
120
105
117
126
NR
NR
NR
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change from Previous Year (%) Decreased
n=
n=
32%
26%
40%
34%
24%
23%
21%
NR
NR
NR
Increased
46%
55%
42%
45%
52%
56%
60%
NR
NR
NR
No Change
23%
18%
18%
21%
24%
21%
20%
NR
NR
151
115
121
124
106
120
127
130
112
115
Decreased
40%
33%
39%
22%
40%
28%
22%
16%
35%
30%
Increased
36%
50%
36%
48%
35%
39%
48%
52%
33%
48%
No Change
23%
17%
26%
30%
25%
33%
30%
32%
32%
23%
151
114
121
124
105
119
126
NR
NR
NR
Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change from Previous Year (%) Decreased
n=
n=
NR
34%
39%
41%
39%
37%
29%
29%
NR
NR
NR
Increased
48%
46%
39%
44%
40%
50%
40%
NR
NR
NR
No Change
18%
15%
20%
18%
23%
22%
30%
NR
NR
NR
121
104
101
101
80
90
98
86
93
Decreased
Ability to Access Capital (%)
16%
6%
9%
12%
15%
20%
26%
34%
40%
40%
Increased
25%
29%
43%
25%
26%
24%
22%
18%
23%
19%
No Change
60%
65%
49%
63%
59%
56%
52%
48%
37%
41%
125
104
106
101
87
90
100
NR
NR
NR
12%
11%
8%
18%
16%
28%
29%
NR
NR
NR
38%
52%
55%
45%
37%
31%
26%
NR
NR
NR
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
n=
Increased No Change
105
50%
38%
37%
38%
47%
41%
45%
146
112
119
123
105
120
127
130
111
118
Decreased
27%
23%
21%
33%
22%
23%
25%
38%
38%
42%
Increased
33%
42%
49%
29%
35%
34%
31%
22%
29%
28%
Capital Liquidity (%)
n=
No Change
NR
NR
NR
42%
37%
30%
38%
43%
43%
44%
40%
33%
31%
146
112
119
123
105
119
124
NR
NR
NR
Decreased
25%
25%
24%
28%
27%
30%
32%
NR
NR
NR
Increased
46%
55%
53%
40%
40%
39%
32%
NR
NR
NR
No Change
29%
20%
23%
32%
33%
31%
35%
NR
NR
149
115
121
122
105
118
124
Capital Liquidity, Change from Previous Year (%)
Capital-Constrained (%)
n=
n=
131
112
NR 118
Both
11%
8%
12%
13%
16%
20%
23%
22%
26%
25%
Debt
6%
3%
6%
2%
5%
11%
12%
14%
15%
15%
Equity
10%
7%
8%
11%
8%
19%
12%
15%
10%
14%
Neither
72%
82%
74%
73%
71%
50%
52%
49%
49%
47%
36
20
27
23
13
NR
NR
NR
NR
NR
$ 166.0
$ 43.0
$ 27.2
$ 80.1
$ 23.8
NR
NR
NR
NR
NR
$
$
$
$
$
Capital Shortfall During the Quarter
n=
Total Capital Shortfall During the Quarter ($ MM) Average Capital Shortfall During the Quarter ($ MM) Average Cost of Borrowed Capital
n=
4.6
2.1
1.0
1.8
NR
NR
NR
NR
NR
121
104
118
123
129
111
116
13%
12%
13%
19%
9%
17%
15%
13%
9%
13%
8%
11%
8%
14%
15%
15%
78%
74%
79%
69%
83%
69%
69%
72%
147
114
120
Decreased
13%
11%
Increased
10%
12%
No Change
77%
77%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
3.5
2
Table I: All Respondents Portfolio Quality I. Results for All Respondents Average Loan Loss Reserve (%)
n=
Loan Loss Reserve Average Portfolio-at-Risk
n=
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
131
100
107
98
88
105
NR
NR
NR
NR
8.3%
10.3%
9.5%
10.7%
8.8%
8.5%
NR
NR
NR
NR
131
100
107
98
88
105
107
109
100
99
31-60 days
3.0%
2.1%
2.5%
4.0%
2.7%
2.4%
2.6%
3.0%
2.7%
2.7%
61-90 days
1.4%
0.8%
1.2%
1.5%
2.1%
1.5%
1.2%
1.4%
1.8%
1.7%
90+ days
4.1%
5.5%
4.7%
4.7%
5.1%
4.2%
5.7%
5.6%
4.8%
6.7%
8.5%
8.4%
8.5%
10.2%
9.9%
8.1%
9.5%
10.0%
9.3%
11.1%
130
85
90
87
67
NR
NR
NR
NR
NR
4.0%
1.2%
1.1%
1.6%
0.4%
NR
NR
NR
NR
130
85
90
87
67
NR
NR
NR
NR
4.9%
7.7%
7.5%
4.4%
4.1%
NR
NR
NR
NR
131
100
107
98
88
105
107
109
100
99
0.5%
1.0%
0.7%
0.8%
0.9%
1.1%
0.7%
0.8%
0.4%
1.6%
135
112
115
123
104
118
127
130
111
116
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=
NR -
Decreased
21%
25%
30%
22%
13%
17%
12%
13%
11%
12%
Increased
36%
29%
36%
35%
38%
36%
43%
35%
47%
43%
No Change
42%
46%
34%
43%
48%
47%
45%
52%
42%
45%
137
113
114
124
106
118
127
129
111
116
Decreased
43%
45%
37%
31%
30%
29%
20%
30%
21%
9%
Increased
24%
28%
35%
32%
38%
38%
40%
32%
34%
52%
No Change
33%
27%
28%
36%
32%
33%
40%
38%
45%
39%
136
113
112
123
104
119
125
NR
NR
NR
Delinquency Rate (%)
Delinquency Rate, Change from Previous Year (%)
n=
n=
Decreased
50%
48%
40%
40%
30%
24%
22%
NR
NR
NR
Increased
30%
35%
38%
38%
47%
54%
46%
NR
NR
NR
No Change
20%
18%
21%
22%
23%
22%
31%
NR
NR
137
110
112
121
106
119
128
Decreased
15%
23%
21%
9%
12%
7%
8%
10%
9%
4%
Increased
23%
31%
20%
35%
38%
50%
41%
46%
41%
56%
Number of Loans/Investments in Workout (%)
n=
No Change Number of Loans Given Term Extensions (%)
n=
127
111
NR 117
63%
46%
60%
56%
50%
43%
51%
44%
50%
40%
134
111
112
123
104
118
126
127
110
116
Decreased
9%
13%
19%
18%
15%
8%
6%
6%
6%
3%
Increased
17%
28%
19%
24%
32%
42%
32%
45%
37%
51%
No Change
74%
59%
63%
58%
53%
51%
62%
49%
56%
46%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
3
Table I: All Respondents Outlook I. Results for All Respondents Expected Demand for Financing(%)
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
139
114
119
123
105
119
120
125
108
117
n=
Decrease
4%
3%
8%
2%
3%
7%
6%
4%
4%
5%
Increase
67%
67%
61%
65%
72%
68%
64%
70%
72%
83%
No Change
29%
31%
32%
33%
25%
25%
30%
26%
24%
12%
105
106
120
104
NR
NR
NR
NR
NR
$ 1,762
$ 1,488
$ 1,970
$
457
NR
NR
NR
NR
NR
$ 16.8
$ 14.0
$ 16.4
$
4.4
NR
NR
NR
NR
NR
Projected Financing Next Year (if no Capital n= 128 Constraints) Projected Total Financing Next Year (if no Capital Constraints) $ 2,039 (MM) Projected Average Financing Next Year (if no Capital $ 15.9 Constraints) (MM) Projected Additional Capital Needed Next Year n= 125
103
121
NR
NR
NR
NR
NR
NR
Projected Total Capital Needed Next Year (MM)
$
648
$
373
$ 341.1
$498.6
NR
NR
NR
NR
NR
NR
Projected Average Capital Needed Next Year (MM)
$
5.2
$
3.6
$
$4.1
NR
NR
NR
NR
NR
Expected Change in Portfolio Quality (%)
n=
Deteriorate
137
103
113
3.3 118
124
NR
106
120
119
130
108
115
6%
7%
4%
9%
10%
22%
19%
24%
24%
45%
Improve
42%
43%
38%
36%
42%
33%
32%
28%
26%
24%
No Change
52%
50%
58%
55%
48%
45%
49%
48%
50%
30%
146
114
119
120
103
118
109
81
NR
NR
0-90 days
12%
11%
10%
13%
16%
16%
11%
22%
NR
NR
91-180 days
25%
25%
29%
26%
28%
25%
34%
33%
NR
NR
181-365 days
31%
30%
25%
24%
37%
31%
28%
22%
NR
NR
greater than 365
32%
35%
35%
37%
19%
28%
28%
22%
NR
NR
135
114
117
120
104
119
113
125
Days Cash on Hand
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
n=
106
113
90%
88%
86%
78%
79%
75%
69%
67%
65%
63%
10%
12%
14%
23%
21%
25%
31%
33%
35%
37%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
4
Table II. Results by Asset Size for all Respondents Demand, Originations and Capital II. A. All Large CDFIs
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
39
28
31
31
25
28
27
22
23
18
Decreased
26%
36%
29%
16%
24%
25%
26%
23%
30%
28%
Increased
44%
32%
45%
61%
44%
39%
56%
55%
48%
44%
No Change
31%
32%
26%
23%
32%
36%
19%
23%
22%
28%
39
28
30
31
25
27
27
NR
NR
NR
Number of Financing Applications Received (%)
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
08Q4
31%
32%
40%
26%
28%
37%
44%
NR
NR
NR
Increased
49%
54%
40%
55%
52%
48%
37%
NR
NR
NR
No Change
21%
14%
20%
19%
20%
15%
19%
NR
NR
39
28
31
32
25
28
27
24
23
19
Decreased
33%
36%
39%
9%
44%
36%
22%
13%
61%
42%
Increased
44%
57%
39%
69%
36%
43%
52%
54%
13%
16%
No Change
23%
7%
23%
22%
20%
21%
26%
33%
26%
42%
NR
NR
NR
Number of Loans/Investments Originated (%)
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
39
28
31
32
25
28
27
NR
36%
32%
29%
44%
40%
54%
48%
NR
NR
Increased
56%
57%
52%
50%
52%
36%
33%
NR
NR
NR
No Change
8%
11%
19%
6%
8%
11%
19%
NR
NR
NR
Ability to Access Capital (%)
37
27
30
28
25
25
24
21
20
16
Decreased
19%
11%
3%
7%
16%
16%
17%
29%
40%
50%
Increased
27%
33%
43%
29%
28%
32%
21%
19%
10%
25%
No Change
54%
56%
53%
64%
56%
52%
63%
52%
50%
25%
38
28
31
28
25
26
24
NR
NR
NR
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
NR
n=
11%
7%
3%
14%
12%
15%
17%
NR
NR
NR
45%
39%
61%
43%
44%
27%
29%
NR
NR
NR
45%
54%
35%
43%
44%
58%
54%
39
27
31
32
25
28
27
24
23
19
Decreased
33%
26%
16%
41%
24%
21%
15%
25%
39%
37%
Increased
38%
52%
48%
13%
20%
39%
22%
13%
22%
26%
28%
22%
35%
47%
56%
39%
63%
63%
39%
37%
39
28
31
32
25
28
27
NR
NR
NR
Decreased
21%
21%
16%
28%
24%
25%
30%
NR
NR
NR
Increased
49%
57%
74%
41%
40%
46%
33%
NR
NR
NR
No Change
31%
21%
10%
31%
36%
29%
37%
NR
NR
39
28
31
31
25
28
27
Increased No Change Capital Liquidity (%)
n=
No Change Capital Liquidity, Change Over Previous Year(%)
Capital-Constrained (%)
n=
n=
NR
24
NR
23
NR
NR 19
Both
3%
0%
10%
10%
20%
25%
19%
25%
26%
26%
Debt
5%
4%
6%
6%
4%
7%
19%
25%
22%
26%
Equity
13%
7%
3%
13%
4%
14%
7%
4%
4%
5%
Neither
79%
89%
81%
71%
72%
54%
56%
46%
48%
42%
Capital Shortfall During the Quarter
n=
Total Capital Shortfall During the Quarter ($ MM) Average Capital Shortfall During the Quarter ($ MM)
8
3
5
3
22
NR
NR
NR
NR
NR
$ 138.6
$ 12.0
$ 16.0
$ 53.0
$
7.5
NR
NR
NR
NR
NR
$ 17.3
$
$
$
3.2
$ 17.7
0.3
NR
NR
NR
NR
NR
39
28
31
30
24
28
27
23
23
19
Decreased
21%
14%
16%
10%
17%
25%
7%
26%
22%
32%
Increased
18%
18%
13%
13%
13%
14%
15%
22%
22%
16%
No Change
62%
68%
71%
77%
71%
61%
78%
52%
57%
53%
Average Cost of Borrowed Capital
n=
4.0
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
5
Table II. Results by Asset Size for all Respondents Portfolio Quality II. A. All Large CDFIs Average Loan Loss Reserve (%)
11Q1 n=
Loan Loss Reserve Average Portfolio-at-Risk
n=
31-60 days
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
38
26
29
27
22
25
NR
NR
NR
NR
5.9%
6.2%
6.6%
6.6%
6.1%
6.2%
NR
NR
NR
NR
38
26
29
27
22
25
23
22
22
17
2.4%
1.8%
1.9%
1.8%
1.3%
1.9%
2.2%
2.9%
1.9%
2.0%
61-90 days
1.0%
0.6%
0.5%
1.2%
1.5%
1.5%
1.0%
1.0%
1.3%
1.0%
90+ days
2.7%
4.2%
4.4%
4.1%
4.0%
4.8%
5.2%
4.9%
4.8%
3.1%
6.1%
6.5%
6.9%
7.1%
6.8%
8.2%
8.4%
8.8%
8.0%
6.1%
38
22
21
25
15
NR
NR
NR
NR
NR
0.9%
1.0%
0.6%
1.4%
0.7%
NR
NR
NR
NR
38
22
21
25
15
NR
NR
NR
NR
7.5%
11.2%
10.7%
4.0%
2.4%
NR
NR
NR
NR
38
26
29
27
22
25
23
22
22
17
0.2%
0.9%
0.6%
0.6%
0.2%
0.7%
0.4%
0.3%
0.3%
0.3%
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=
39
28
31
32
25
NR -
28
27
24
23
19
Decreased
31%
36%
42%
31%
12%
7%
11%
25%
22%
16%
Increased
33%
25%
29%
38%
32%
36%
59%
42%
52%
63%
No Change
36%
39%
29%
31%
56%
57%
30%
33%
26%
21%
39
28
31
32
25
28
27
24
23
19
Decreased
41%
54%
39%
31%
40%
29%
30%
25%
26%
11%
Increased
49%
18%
39%
38%
48%
50%
52%
50%
48%
68%
No Change
10%
29%
23%
31%
12%
21%
19%
25%
26%
21%
39
28
31
32
25
28
27
NR
NR
NR
Decreased
51%
50%
42%
47%
28%
25%
19%
NR
NR
NR
Increased
44%
21%
42%
44%
56%
57%
67%
NR
NR
NR
No Change
5%
29%
16%
9%
16%
18%
15%
NR
NR
39
27
31
25
28
27
23
23
Decreased
21%
33%
19%
9%
16%
4%
11%
17%
17%
5%
Increased
23%
22%
19%
41%
44%
64%
59%
52%
65%
74%
56%
44%
61%
50%
40%
32%
30%
30%
17%
21%
38
27
30
32
24
27
27
23
23
19
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=
32
NR 19
Decreased
8%
30%
17%
19%
17%
7%
11%
13%
9%
11%
Increased
24%
26%
20%
31%
33%
52%
48%
43%
30%
47%
No Change
68%
44%
63%
50%
50%
41%
41%
43%
61%
42%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
6
Table II. Results by Asset Size for all Respondents Outlook II. A. All Large CDFIs
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
39
28
31
32
25
28
26
23
23
19
Decrease
3%
0%
3%
3%
0%
4%
8%
4%
0%
0%
Increase
54%
54%
42%
66%
68%
61%
42%
57%
61%
68%
No Change
44%
46%
55%
31%
32%
36%
50%
39%
39%
32%
37
27
26
32
24
NR
NR
NR
NR
NR
$ 1,612
$ 1,316
$ 1,101
$ 1,434
$
337
NR
NR
NR
NR
NR
$ 43.6
$ 48.7
$ 42.4
$ 44.8
$ 14.1
NR
NR
NR
NR
NR
Expected Demand for Financing(%)
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=
25
32
NR
NR
NR
NR
NR
NR
Projected Total Capital Needed Next Year (MM)
$
470
$
213
$ 255.0
$312.5
NR
NR
NR
NR
NR
NR
Projected Average Capital Needed Next Year (MM)
$ 13.8
$
8.2
$ 10.2
$9.8
NR
NR
NR
NR
NR
28
30
32
25
28
26
23
23
19
Expected Change in Portfolio Quality (%)
n=
n=
Deteriorate
34
39
26
NR
5%
0%
10%
13%
20%
32%
23%
22%
26%
58%
Improve
38%
36%
37%
28%
28%
18%
19%
22%
9%
16%
No Change
56%
64%
53%
59%
52%
50%
58%
57%
65%
26%
38
28
31
29
24
28
22
NR
NR
NR
Days Cash on Hand (#)
n=
0-90 days
5%
0%
0%
7%
0%
4%
5%
NR
NR
NR
91-180 days
18%
18%
13%
14%
17%
14%
18%
NR
NR
NR
181-365 days
24%
29%
26%
24%
46%
32%
27%
NR
NR
NR
greater than 365
53%
54%
61%
55%
38%
50%
50%
NR
NR
NR
39
28
31
31
25
27
22
100%
100%
94%
77%
96%
85%
91%
78%
73%
76%
0%
0%
6%
23%
4%
15%
9%
22%
27%
24%
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
23
22
17
7
Table II. Results by Asset Size for all Respondents Demand, Originations and Capital II. B. All Medium CDFIs Number of Financing Applications Received (%)
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
38
34
37
41
35
43
40
46
40
34
Decreased
47%
38%
41%
27%
31%
23%
20%
13%
18%
21%
Increased
34%
41%
30%
59%
40%
53%
65%
57%
60%
53%
No Change
18%
21%
30%
15%
29%
23%
15%
30%
23%
26%
38
34
37
41
35
43
39
NR
NR
NR
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
26%
26%
43%
44%
29%
19%
15%
NR
NR
NR
Increased
53%
53%
30%
37%
49%
67%
77%
NR
NR
NR
No Change
21%
21%
27%
20%
23%
14%
8%
NR
NR
NR
38
34
37
41
35
43
40
46
41
33
Decreased
Number of Loans/Investments Originated (%)
39%
38%
46%
29%
49%
21%
23%
15%
32%
33%
Increased
39%
53%
35%
44%
26%
42%
63%
65%
39%
48%
No Change
21%
9%
19%
27%
26%
37%
15%
20%
29%
18%
NR
NR
NR
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
38
34
37
41
35
42
39
26%
44%
46%
39%
37%
21%
23%
NR
NR
NR
61%
38%
30%
39%
43%
57%
54%
NR
NR
NR
13%
18%
24%
22%
20%
21%
23%
29
31
31
35
24
32
34
38
30
31
Decreased
3%
0%
0%
14%
13%
16%
26%
32%
43%
39%
Increased
38%
35%
61%
34%
33%
25%
18%
11%
20%
16%
No Change
59%
65%
39%
51%
54%
59%
56%
58%
37%
45%
30
32
33
34
25
35
32
NR
NR
NR
n=
Increased No Change Ability to Access Capital (%)
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
n=
NR
NR
NR
10%
3%
6%
18%
20%
34%
25%
NR
NR
NR
Increased
43%
56%
55%
50%
40%
31%
25%
NR
NR
NR
No Change
47%
41%
39%
32%
40%
34%
50%
37
34
36
41
35
43
40
45
40
34
Decreased
14%
32%
11%
34%
17%
26%
38%
38%
45%
35%
Increased
43%
47%
58%
41%
49%
37%
38%
20%
28%
41%
No Change
43%
21%
31%
24%
34%
37%
25%
42%
28%
24%
36
34
36
41
35
43
39
NR
NR
NR
Decreased
19%
21%
22%
29%
34%
35%
44%
NR
NR
NR
Increased
58%
62%
50%
44%
46%
40%
41%
NR
NR
NR
No Change
22%
18%
28%
27%
20%
26%
15%
NR
NR
38
33
37
41
35
42
40
Both
13%
12%
8%
15%
14%
17%
25%
17%
24%
29%
Debt
3%
6%
5%
2%
9%
14%
13%
15%
20%
21%
Equity
5%
6%
5%
7%
6%
24%
18%
13%
17%
15%
Neither
79%
76%
81%
76%
71%
45%
45%
54%
39%
35%
6
8
6
10
32
NR
NR
NR
NR
NR NR
Capital Liquidity (%)
Capital Liquidity, Change Over Previous Year(%)
Capital-Constrained (%)
Capital Shortfall During the Quarter
n=
n=
n=
n=
NR
46
NR
NR
NR
41
34
Total Capital Shortfall During the Quarter ($ MM)
$
6.7
$ 23.5
$
4.4
$ 18.1
$ 13.1
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
1.1
$
$
0.7
$
$
0.4
NR
NR
NR
NR
NR
35
43
40
46
41
34
Average Cost of Borrowed Capital
n=
37
2.9 34
1.8
37
41
Decreased
8%
9%
11%
17%
9%
19%
13%
17%
17%
12%
Increased
14%
21%
14%
20%
6%
14%
3%
13%
15%
21%
No Change
78%
71%
76%
63%
86%
67%
85%
70%
68%
68%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
8
Table II. Results by Asset Size for all Respondents Portfolio Quality II. B. All Medium CDFIs Average Loan Loss Reserve (%)
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
57
42
46
36
34
43
NR
NR
NR
10.9%
13.7%
12.0%
15.7%
11.2%
9.0%
NR
NR
NR
NR
57
42
46
36
34
43
47
49
40
50
31-60 days
3.9%
2.0%
3.0%
6.9%
3.9%
2.4%
2.9%
4.0%
3.8%
3.6%
61-90 days
1.6%
0.7%
1.9%
1.9%
2.8%
1.1%
1.5%
1.9%
2.3%
2.2%
90+ days
5.5%
6.9%
5.9%
5.8%
6.6%
4.5%
6.3%
7.3%
4.2%
8.8%
11.0%
9.6%
10.7%
14.6%
13.3%
8.1%
10.7%
13.2%
10.4%
14.6%
57
38
39
31
28
NR
NR
NR
NR
NR
0.3%
0.5%
0.8%
1.7%
0.1%
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
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=
57
38
39
31
28
4.6%
5.3%
7.5%
4.2%
4.2%
NR -
NR
57
42
46
36
34
43
47
49
40
50
0.5%
1.4%
0.6%
1.1%
1.6%
1.3%
1.0%
1.1%
0.5%
2.8%
36
34
35
41
35
42
40
46
41
34
Decreased
22%
21%
23%
24%
11%
21%
10%
11%
15%
3%
Increased
44%
35%
51%
39%
46%
33%
45%
26%
56%
44%
No Change
33%
44%
26%
37%
43%
45%
45%
63%
29%
53% 34
38
34
35
41
35
42
40
45
41
Decreased
Delinquency Rate (%)
45%
44%
37%
41%
34%
24%
20%
36%
20%
3%
Increased
21%
38%
40%
32%
37%
40%
43%
24%
37%
62%
No Change
34%
18%
23%
27%
29%
36%
38%
40%
44%
35%
37
35
35
41
35
43
39
NR
NR
NR
Decreased
49%
51%
37%
46%
31%
14%
31%
NR
NR
NR
Increased
35%
40%
37%
34%
34%
63%
41%
NR
NR
NR
9%
Delinquency Rate, Change from Previous Year (%)
n=
n=
No Change
26%
20%
34%
23%
28%
37
32
34
39
35
43
40
45
41
34
Decreased
19%
25%
24%
13%
17%
9%
3%
7%
7%
3%
Increased
30%
47%
26%
38%
43%
42%
43%
42%
34%
59%
No Change
51%
28%
50%
49%
40%
49%
55%
51%
59%
38%
37
33
35
41
35
43
40
46
41
34
Number of Loans/Investments in Workout (%)
Number of Loans Given Term Extensions (%)
16% n=
n=
NR
NR
NR
Decreased
8%
15%
20%
27%
26%
7%
8%
9%
7%
3%
Increased
27%
27%
17%
22%
31%
40%
28%
48%
46%
56%
No Change
65%
58%
63%
51%
43%
53%
65%
43%
46%
41%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
9
Table II. Results by Asset Size for all Respondents Outlook II. B. All Medium CDFIs
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
38
33
37
40
35
42
39
44
40
Decrease
8%
0%
3%
3%
3%
10%
3%
5%
8%
12%
Increase
61%
76%
70%
75%
83%
69%
77%
77%
78%
82%
No Change
32%
24%
27%
23%
14%
21%
21%
18%
15%
6%
31
35
39
35
NR
NR
NR
NR
NR
Expected Demand for Financing(%)
n=
Projected Financing Next Year (if no Capital 32 n= Constraints) Projected Total Financing Next Year (if no Capital Constraints) $ 321 (MM) Projected Average Financing Next Year (if no Capital $ 10.0 Constraints) (MM) Projected Additional Capital Needed Next Year 32 n=
$
08Q4 34
323
$
313
$
432
$
101
NR
NR
NR
NR
NR
$ 10.4
$
9.0
$ 11.1
$
2.9
NR
NR
NR
NR
NR
33
40
NR
NR
NR
NR
NR
NR
Projected Total Capital Needed Next Year (MM)
$
114
$
111
$ 50.5
$148.8
NR
NR
NR
NR
NR
NR
Projected Average Capital Needed Next Year (MM)
$
3.6
$
3.6
$
Expected Change in Portfolio Quality (%)
n=
Deteriorate
37
31
34
1.5
$3.7
NR
37
41
35
NR
NR
NR
NR
NR
43
39
46
40
33
5%
12%
0%
15%
6%
16%
23%
28%
30%
45%
Improve
38%
38%
41%
37%
37%
33%
31%
20%
23%
30%
No Change
57%
50%
59%
49%
57%
51%
46%
52%
48%
24%
37
15
NR
NR
35
35
41
35
41
37
0-90 days
Days Cash on Hand (#)
14%
9%
6%
15%
11%
12%
14%
0%
NR
NR
91-180 days
16%
20%
23%
22%
31%
37%
27%
33%
NR
NR
181-365 days
35%
34%
37%
22%
37%
27%
30%
33%
NR
NR
greater than 365
35%
37%
34%
41%
20%
24%
30%
33%
NR
NR
37
34
36
41
34
43
38
22
22
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
n=
34
84%
85%
83%
63%
74%
67%
58%
127%
123%
50%
16%
15%
17%
37%
26%
33%
42%
73%
59%
50%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
10
Table II. Results by Asset Size for all Respondents Demand, Originations and Capital II C. All Small CDFIs Number of Financing Applications Received (%)
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
65
51
52
51
46
49
61
61
46
60
Decreased
31%
33%
29%
24%
15%
37%
11%
16%
13%
15%
Increased
42%
41%
42%
45%
57%
27%
48%
62%
61%
73%
No Change
28%
25%
29%
31%
28%
37%
41%
21%
26%
12%
65
50
52
48
45
47
60
NR
NR
NR
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
34%
24%
38%
31%
18%
19%
13%
NR
NR
NR
Increased
42%
58%
52%
46%
56%
49%
58%
NR
NR
NR
No Change
25%
18%
10%
23%
27%
32%
28%
NR
NR
NR
65
51
52
51
46
49
60
60
47
59
Decreased
Number of Loans/Investments Originated (%)
45%
27%
35%
24%
30%
31%
22%
18%
26%
22%
Increased
32%
45%
35%
39%
41%
35%
37%
40%
36%
61%
No Change
23%
27%
31%
37%
28%
35%
42%
42%
38%
17%
65
50
52
51
45
49
60
NR
NR
NR
35%
40%
46%
35%
36%
20%
25%
NR
NR
NR
40%
46%
38%
43%
31%
51%
35%
NR
NR
NR
25%
14%
15%
22%
33%
29%
40%
50
45
40
38
31
33
40
46
35
44
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
Increased No Change Ability to Access Capital (%)
n=
NR
NR
NR
Decreased
20%
7%
20%
13%
16%
27%
30%
39%
37%
36%
Increased
16%
22%
28%
13%
19%
18%
28%
24%
31%
18%
No Change
64%
71%
53%
74%
65%
55%
43%
37%
31%
45%
53
44
41
39
37
29
44
NR
NR
NR
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
15%
18%
15%
21%
16%
31%
39%
NR
NR
NR
Increased
30%
57%
51%
41%
30%
34%
25%
NR
NR
NR
No Change
55%
25%
34%
38%
54%
34%
36%
65
52
51
50
45
49
60
61
47
61
Decreased
31%
15%
31%
26%
24%
20%
22%
44%
32%
46%
Increased
25%
33%
43%
30%
33%
29%
30%
26%
32%
23%
No Change
45%
52%
25%
44%
42%
51%
48%
30%
36%
31%
65
49
51
50
45
48
58
NR
NR
NR
Decreased
31%
31%
31%
28%
22%
29%
26%
NR
NR
NR
Increased
38%
51%
43%
36%
36%
33%
26%
NR
NR
NR
No Change
31%
18%
25%
36%
42%
38%
48%
NR
NR
65
52
52
50
45
48
57
61
47
Both
17%
10%
15%
14%
16%
21%
25%
25%
26%
23%
Debt
9%
2%
6%
0%
2%
10%
9%
8%
9%
10%
Equity
11%
8%
13%
14%
11%
17%
11%
21%
6%
13%
Neither
63%
81%
65%
72%
71%
52%
56%
46%
60%
54%
21
9
16
10
44
NR
NR
NR
NR
NR NR
Capital Liquidity (%)
Capital Liquidity, Change Over Previous Year(%)
Capital-Constrained (%)
Capital Shortfall During the Quarter
n=
n=
n=
n=
NR
NR
NR
NR 61
Total Capital Shortfall During the Quarter ($ MM)
$ 20.2
$
7.5
$
6.8
$
9.0
$
3.2
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
$
0.8
$
0.4
$
0.9
$
0.1
NR
NR
NR
NR
NR
56
60
46
60
Average Cost of Borrowed Capital
1.0 64
50
51
50
45
47
Decreased
11%
10%
12%
10%
16%
17%
7%
13%
11%
7%
Increased
5%
4%
4%
8%
7%
6%
9%
12%
13%
12%
No Change
84%
86%
84%
82%
78%
77%
84%
75%
76%
82%
n=
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
11
Table II. Results by Asset Size for all Respondents Portfolio Quality II C. All Small CDFIs Average Loan Loss Reserve (%)
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
57
42
46
36
34
43
NR
NR
NR
10.9%
13.7%
12.0%
15.7%
11.2%
9.0%
NR
NR
NR
NR
57
42
46
36
34
43
47
49
40
50
31-60 days
3.9%
2.0%
3.0%
6.9%
3.9%
2.4%
2.9%
4.0%
3.8%
3.6%
61-90 days
1.6%
0.7%
1.9%
1.9%
2.8%
1.1%
1.5%
1.9%
2.3%
2.2%
90+ days
5.5%
6.9%
5.9%
5.8%
6.6%
4.5%
6.3%
7.3%
4.2%
8.8%
11.0%
9.6%
10.7%
14.6%
13.3%
8.1%
10.7%
13.2%
10.4%
14.6%
57
38
39
31
28
NR
NR
NR
NR
NR
0.3%
0.5%
0.8%
1.7%
0.1%
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
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=
57
38
39
31
28
4.6%
5.3%
7.5%
4.2%
4.2%
NR -
NR
57
42
46
36
34
43
47
49
40
50
0.5%
1.4%
0.6%
1.1%
1.6%
1.3%
1.0%
1.1%
0.5%
2.8%
60
49
48
50
44
48
60
60
46
61
Decreased
15%
22%
29%
14%
16%
19%
13%
10%
2%
15%
Increased
33%
27%
29%
30%
36%
38%
35%
40%
35%
36%
No Change
52%
51%
42%
56%
48%
44%
52%
50%
63%
49%
60
49
47
51
46
48
60
60
46
61
Decreased
Delinquency Rate (%)
43%
41%
36%
24%
22%
33%
15%
28%
17%
11%
Increased
10%
29%
30%
29%
33%
29%
33%
30%
26%
41%
No Change
47%
31%
34%
47%
46%
38%
52%
42%
57%
48%
60
48
45
50
44
48
59
NR
NR
NR
Decreased
50%
44%
42%
30%
30%
33%
19%
NR
NR
NR
Increased
18%
40%
38%
38%
52%
44%
41%
NR
NR
NR
32%
17%
20%
32%
18%
23%
41%
61
49
46
50
46
48
61
59
Delinquency Rate, Change from Previous Year (%)
n=
n=
No Change Number of Loans/Investments in Workout (%)
n=
NR
NR
NR
46
60
Decreased
8%
16%
20%
6%
7%
6%
10%
10%
4%
3%
Increased
18%
27%
15%
28%
30%
50%
33%
46%
35%
48%
No Change
74%
57%
65%
66%
63%
44%
57%
44%
61%
48%
59
49
46
50
45
48
59
58
45
60
Number of Loans Given Term Extensions (%)
n=
Decreased
10%
2%
20%
10%
7%
8%
3%
2%
2%
2%
Increased
7%
31%
20%
22%
31%
38%
27%
43%
33%
48%
No Change
83%
67%
61%
68%
62%
54%
69%
55%
64%
50%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
12
Table II. Results by Asset Size for all Respondents Outlook II C. All Small CDFIs
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
62
51
50
51
45
49
55
58
44
60
Decrease
2%
6%
14%
0%
4%
6%
7%
3%
2%
3%
Increase
79%
69%
66%
57%
67%
71%
65%
69%
73%
87%
No Change
19%
25%
20%
43%
29%
22%
27%
28%
25%
10%
59
46
44
48
45
NR
NR
NR
NR
NR
Expected Demand for Financing(%)
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= $
107
$
123
$
74
$
104
$
18
NR
NR
NR
NR
NR
$
1.8
$
2.7
$
1.7
$
2.2
$
0.4
NR
NR
NR
NR
NR
59
n=
45
Projected Total Capital Needed Next Year (MM)
$
64
$
49
Projected Average Capital Needed Next Year (MM)
$
1.1
$
1.1
Expected Change in Portfolio Quality (%)
n=
Deteriorate
61
49
44
48
NR
NR
NR
NR
NR
NR
$ 35.7
$37.3
NR
NR
NR
NR
NR
NR
$
0.8
$0.8
NR
50
51
46
NR
NR
NR
NR
NR
49
54
61
44
60
7%
8%
4%
2%
9%
20%
15%
21%
18%
38%
Improve
48%
49%
38%
41%
52%
43%
39%
38%
36%
25%
No Change
46%
43%
58%
57%
39%
37%
46%
41%
45%
37%
15
NR
NR
64
50
52
50
44
49
50
0-90 days
Days Cash on Hand (#)
13%
16%
17%
16%
27%
27%
12%
0%
NR
NR
91-180 days
33%
32%
44%
36%
32%
22%
46%
33%
NR
NR
n=
181-365 days
36%
28%
17%
26%
32%
33%
26%
33%
NR
NR
greater than 365
19%
24%
21%
22%
9%
18%
16%
33%
NR
NR
59
51
49
48
49
53
22
22
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
45
58
86%
82%
84%
90%
73%
76%
68%
173%
118%
67%
14%
18%
16%
10%
27%
24%
32%
91%
77%
33%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
13
Table III. Results by Financing Sector Demand, Originations and Capital III A. All Business Number of Financing Applications Received (%)
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3 26
09Q2
09Q1
08Q4 27
45
32
35
33
28
32
33
33
Decreased
40%
28%
37%
24%
14%
28%
8%
15%
12%
4%
Increased
42%
38%
29%
42%
57%
41%
73%
58%
58%
78%
No Change
18%
34%
34%
33%
29%
31%
19%
27%
30%
19%
45
32
35
30
28
31
26
NR
NR
NR
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
36%
25%
40%
40%
14%
13%
4%
NR
NR
NR
Increased
33%
59%
40%
37%
61%
68%
77%
NR
NR
NR
No Change
31%
16%
20%
23%
25%
19%
19%
NR
NR
NR
45
32
35
33
28
32
26
33
33
27
Decreased
Number of Loans/Investments Originated (%)
44%
34%
49%
24%
25%
25%
19%
12%
27%
15%
Increased
36%
50%
31%
42%
50%
47%
54%
42%
39%
63%
No Change
20%
16%
20%
33%
25%
28%
27%
45%
33%
22%
45
32
35
33
28
32
26
NR
NR
NR
40%
38%
40%
42%
25%
28%
19%
NR
NR
NR
40%
50%
43%
45%
50%
56%
46%
NR
NR
NR
20%
13%
17%
12%
25%
16%
35%
34
30
30
30
19
24
23
30
27
20
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
Increased No Change Ability to Access Capital (%)
n=
NR
NR
NR
Decreased
12%
3%
7%
3%
11%
17%
13%
33%
44%
35%
Increased
26%
43%
50%
40%
32%
25%
26%
30%
22%
15%
No Change
62%
53%
43%
57%
58%
58%
61%
37%
33%
50%
36
29
32
28
21
24
22
NR
NR
NR
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
6%
14%
3%
11%
14%
29%
23%
NR
NR
NR
47%
48%
66%
50%
38%
33%
18%
NR
NR
NR
47%
38%
31%
39%
48%
38%
59%
44
32
35
33
28
32
26
33
33
28
Decreased
20%
13%
17%
30%
14%
16%
27%
27%
45%
43%
Increased
45%
50%
54%
48%
50%
31%
42%
30%
27%
25%
No Change
34%
38%
29%
21%
36%
53%
31%
42%
27%
32%
43
32
35
33
28
31
26
NR
NR
NR
Decreased
19%
22%
23%
27%
25%
19%
35%
NR
NR
NR
Increased
53%
56%
51%
42%
43%
35%
46%
NR
NR
NR
No Change
28%
22%
26%
30%
32%
45%
19%
NR
NR
44
33
35
32
28
32
25
33
33
28 36%
Increased No Change Capital Liquidity (%)
Capital Liquidity, Change Over Previous Year(%)
Capital-Constrained (%)
n=
n=
n=
NR
NR
NR
NR
Both
11%
3%
9%
6%
14%
22%
20%
33%
27%
Debt
7%
3%
9%
0%
4%
9%
20%
3%
9%
7%
16%
6%
0%
13%
7%
22%
8%
9%
9%
11%
66%
88%
83%
81%
75%
47%
52%
55%
55%
46%
13
3
6
4
5
NR
NR
NR
NR
NR NR
Equity Neither Capital Shortfall During the Quarter
n=
Total Capital Shortfall During the Quarter ($ MM)
$ 93.0
$
4.3
$
3.1
$
5.8
$
5.4
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
n=
7.2 44
32
35
33
Decreased
14%
6%
20%
9%
14%
16%
12%
21%
13%
0%
Increased
14%
22%
14%
21%
7%
3%
8%
18%
13%
15%
No Change
73%
72%
66%
70%
79%
81%
81%
61%
75%
85%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
14
Table III. Results by Financing Sector Portfolio Quality 11Q1
III A. All Business Average Loan Loss Reserve (%)
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
31
27
31
30
24
30
NR
NR
NR
9.3%
12.2%
10.1%
9.9%
8.8%
9.9%
NR
NR
NR
NR
31
27
31
30
24
30
13
20
12
23
31-60 days
2.9%
2.0%
3.6%
7.8%
4.3%
1.5%
3.3%
2.5%
7.3%
2.6%
61-90 days
1.3%
1.0%
0.7%
1.8%
2.4%
1.4%
2.1%
1.4%
4.4%
1.8%
90+ days
5.3%
7.6%
5.1%
3.2%
4.2%
4.0%
5.3%
9.3%
7.0%
7.6%
9.5%
10.6%
9.4%
12.7%
10.9%
6.9%
10.6%
13.2%
18.7%
12.0%
30
22
25
27
14
0
NR
NR
NR
NR
1.2%
1.5%
1.0%
1.1%
0.9%
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
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=
30
22
25
27
14
2.7%
4.7%
7.8%
4.6%
4.1%
0 -
NR
31
27
31
30
24
30
13
18
12
23
0.8%
1.5%
0.7%
0.5%
0.7%
0.6%
2.4%
1.2%
1.1%
0.9%
35
31
33
33
28
31
26
32
32
27
Decreased
20%
32%
30%
18%
11%
13%
12%
16%
9%
11%
Increased
43%
35%
45%
42%
43%
48%
46%
38%
53%
41%
No Change
37%
32%
24%
39%
46%
39%
42%
47%
38%
48%
31
27
34
31
33
33
28
31
26
32
Decreased
Delinquency Rate (%)
38%
55%
36%
27%
25%
19%
23%
38%
9%
4%
Increased
21%
13%
39%
36%
36%
35%
42%
34%
38%
52%
No Change
41%
32%
24%
36%
39%
45%
35%
28%
53%
44%
34
31
32
33
27
31
26
22
NR
22
Decreased
38%
55%
31%
39%
26%
29%
23%
NR
NR
NR
Increased
29%
29%
50%
30%
48%
48%
42%
NR
NR
NR
32%
16%
19%
30%
26%
23%
35%
35
32
31
32
28
32
26
33
33
28
Decreased
17%
25%
13%
13%
18%
6%
4%
9%
3%
0%
Increased
23%
25%
23%
38%
43%
53%
35%
55%
45%
50%
No Change
60%
50%
65%
50%
39%
41%
62%
36%
52%
50%
35
31
32
33
27
31
26
32
32
26
Decreased
11%
16%
13%
21%
19%
10%
4%
6%
0%
4%
Increased
11%
26%
19%
27%
37%
45%
31%
38%
41%
42%
No Change
77%
58%
69%
52%
44%
45%
65%
56%
59%
54%
Delinquency Rate, Change from Previous Year (%)
n=
n=
No Change Number of Loans/Investments in Workout (%)
Number of Loans Given Term Extensions (%)
n=
n=
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
NR
NR
NR
15
Table III. Results by Financing Sector Outlook III A. All Business Expected Demand for Financing(%)
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
33
28
35
33
34
33
28
32
26
31
Decrease
6%
0%
6%
0%
4%
6%
0%
0%
27%
0%
Increase
66%
64%
68%
64%
79%
75%
77%
74%
73%
96%
No Change
29%
36%
26%
36%
18%
19%
23%
26%
0%
4%
34
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=
n= $
$ 12.6
Projected Average Capital Needed Next Year (MM) n=
Deteriorate
$
360
$ 10.9
34
n=
Projected Total Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
428
134
$
49
$
3.9
$
1.5 32
425
$ 13.7
32
$
35
$
$
453
$
192
NR
NR
NR
NR
NR
$ 14.6
$
7.4
NR
NR
NR
NR
NR
30
31
NR
NR
NR
NR
NR
NR
$ 39.1
$109.3
NR
NR
NR
NR
NR
NR
$
1.3
$3.5
NR
33
33
28
NR
NR
NR
NR
NR
32
26
33
33
27
0%
3%
0%
15%
7%
50%
58%
52%
48%
52%
Improve
51%
47%
39%
24%
39%
28%
23%
27%
33%
19%
No Change
49%
50%
61%
61%
54%
22%
19%
21%
18%
30%
NR
NR
44
33
35
32
28
32
26
22
0-90 days
Days Cash on Hand (%)
14%
12%
14%
16%
14%
19%
15%
27%
NR
NR
91-180 days
18%
18%
37%
28%
32%
22%
23%
41%
NR
NR
n=
181-365 days
32%
36%
29%
22%
32%
38%
27%
18%
NR
NR
greater than 365
36%
33%
20%
34%
21%
22%
35%
14%
NR
NR
35
33
34
33
28
31
26
32
89%
91%
88%
82%
89%
77%
77%
66%
70%
74%
11%
9%
12%
18%
11%
23%
23%
34%
30%
26%
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
33
27
16
Table III. Results by Financing Sector Demand, Originations and Capital III B. All Commercial Real Estate Number of Financing Applications Received (%)
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
08Q4
4
4
4
4
3
5
8
6
2
Decreased
75%
25%
50%
0%
67%
0%
25%
NR
50%
50%
Increased
0%
25%
0%
100%
33%
20%
75%
NR
17%
50%
No Change
25%
50%
50%
0%
0%
80%
0%
NR
33%
0%
4
4
4
4
3
5
8
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
NR
09Q1
NR
NR
NR
25%
50%
75%
50%
67%
40%
25%
NR
NR
NR
Increased
75%
25%
0%
50%
0%
40%
75%
NR
NR
NR
No Change
0%
25%
25%
0%
33%
20%
0%
NR
NR
NR
4
4
4
4
5
8
Decreased
Number of Loans/Investments Originated (%)
0%
50%
50%
50%
100%
20%
25%
NR
67%
100%
Increased
75%
25%
25%
25%
0%
60%
37%
NR
17%
0%
No Change
25%
25%
25%
25%
0%
20%
38%
NR
17%
0%
4
4
4
4
3
5
8
25%
75%
25%
75%
67%
20%
63%
NR
NR
NR
50%
0%
25%
25%
33%
80%
25%
NR
NR
NR
25%
25%
50%
0%
0%
0%
13%
NR
NR
NR
3
4
4
3
3
4
8
Decreased
0%
0%
0%
33%
33%
25%
50%
NR
Increased
33%
50%
50%
0%
0%
50%
13%
No Change
67%
50%
50%
67%
67%
25%
38%
3
4
4
4
3
4
7
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
Increased No Change Ability to Access Capital (%)
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
n=
Increased No Change Capital Liquidity (%)
n=
3
NR
NR
NR
6
2
NR
NR
5
2
80%
0%
NR
0%
50%
NR
20%
50%
NR
NR
NR
0%
0%
0%
25%
33%
25%
43%
NR
NR
NR
0%
50%
100%
0%
33%
50%
14%
NR
NR
NR
100%
50%
0%
75%
33%
25%
43%
NR
NR
NR
4
4
4
3
5
8
6
2
4
NR
Decreased
0%
0%
0%
0%
0%
20%
13%
NR
67%
0%
Increased
25%
50%
50%
0%
0%
40%
50%
NR
17%
100%
No Change
75%
50%
50%
100%
100%
40%
38%
NR
17%
0%
4
4
4
4
3
5
8
Decreased
0%
0%
0%
25%
33%
40%
13%
NR
NR
NR
Increased
75%
50%
75%
0%
33%
40%
50%
NR
NR
NR
No Change
25%
50%
25%
75%
33%
20%
38%
NR
NR
NR
4
4
4
4
3
5
8
6
2 50%
Capital Liquidity, Change Over Previous Year(%)
Capital-Constrained (%)
n=
n=
NR
NR
NR
NR
Both
75%
25%
0%
25%
0%
40%
50%
NR
67%
Debt
0%
25%
0%
0%
0%
0%
0%
NR
0%
0%
Equity
0%
0%
0%
25%
0%
20%
0%
NR
0%
50%
Neither
25%
50%
100%
50%
100%
40%
50%
NR
33%
0%
1
2
NR
1
NR
NR
NR
NR
NR
NR
$ 15.0
$ 12.5
NR
$
0.6
NR
NR
NR
NR
NR
NR
$ 15.0
$
6.3
NR
$
0.6
NR
NR
NR
NR
NR
NR
4
4
4
3
5
8
NR
6
2
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=
n=
4
Decreased
25%
0%
25%
0%
33%
20%
0%
NR
33%
0%
Increased
0%
50%
0%
0%
0%
0%
13%
NR
33%
50%
No Change
75%
50%
75%
100%
67%
80%
88%
NR
33%
50%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
17
Table III. Results by Financing Sector Portfolio Quality 11Q1
III B. All Commercial Real Estate Average Loan Loss Reserve (%)
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
4
3
3
4
3
4
NR
NR
NR
NR
4.6%
14.3%
4.9%
5.7%
4.2%
5.5%
NR
NR
NR
NR
4
3
3
4
3
4
13
20
12
1
31-60 days
6.4%
4.9%
0.9%
1.9%
3.0%
0.6%
3.3%
2.5%
7.3%
0.8%
61-90 days
1.2%
0.0%
0.5%
1.3%
0.9%
0.9%
2.1%
1.4%
4.4%
1.2%
90+ days
4.8%
4.1%
0.6%
2.1%
5.7%
6.4%
5.3%
9.3%
7.0%
1.1%
12.4%
9.0%
2.0%
5.3%
9.7%
7.9%
10.6%
13.2%
18.7%
3.1%
4
2
3
4
2
0
NR
NR
NR
NR
0.3%
2.5%
0.5%
1.2%
0.9%
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
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=
4
2
3
4
2
3.1%
5.7%
0.0%
2.6%
4.4%
0 -
4
3
3
4
3
4
13
18
12
1
1.2%
0.0%
0.4%
0.1%
0.1%
1.1%
2.4%
1.2%
1.1%
0.3%
4
4
4
4
3
5
8
NR
6
2
Decreased
0%
25%
0%
25%
0%
20%
13%
NR
33%
0%
Increased
25%
0%
50%
0%
33%
20%
63%
NR
17%
100%
No Change
75%
75%
50%
75%
67%
60%
25%
NR
50%
0%
4
4
4
4
3
5
17
6
2
Decreased
Delinquency Rate (%)
50%
25%
50%
0%
33%
20%
13%
NR
50%
0%
Increased
50%
50%
0%
50%
33%
20%
63%
NR
17%
100%
No Change
0%
25%
50%
50%
33%
60%
25%
NR
33%
0%
4
4
4
4
3
5
17
Decreased
50%
25%
50%
75%
33%
0%
13%
NR
NR
NR
Increased
50%
50%
0%
25%
33%
20%
75%
NR
NR
NR
0%
25%
50%
0%
33%
80%
13%
NR
NR
NR
4
3
4
4
3
5
17
Decreased
25%
33%
0%
0%
33%
0%
0%
Increased
25%
33%
0%
25%
33%
40%
No Change
50%
33%
100%
75%
33%
60%
4
3
4
4
2
5
17
Delinquency Rate, Change from Previous Year (%)
n=
n=
No Change Number of Loans/Investments in Workout (%)
Number of Loans Given Term Extensions (%)
n=
n=
NR
NR
NR
NR
NR
6
2
NR
0%
0%
63%
NR
67%
100%
33%
NR
33%
0%
6
2
NR
Decreased
0%
0%
0%
25%
50%
0%
0%
NR
0%
0%
Increased
0%
67%
25%
0%
50%
40%
38%
NR
17%
50%
100%
33%
75%
75%
0%
60%
63%
NR
83%
50%
No Change
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
18
Table III. Results by Financing Sector Outlook 11Q1
III B. All Commercial Real Estate Expected Demand for Financing(%)
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2 NR
09Q1
08Q4
4
3
4
4
3
5
8
6
2
Decrease
0%
0%
0%
0%
0%
0%
13%
NR
0%
0%
Increase
100%
67%
25%
75%
67%
40%
63%
NR
67%
100%
0%
33%
75%
25%
33%
60%
25%
NR
33%
0%
3
3
2
4
3
NR
NR
NR
NR
NR
35
NR
NR
NR
NR
NR
$ 11.5
NR
NR
NR
NR
NR
n=
No Change 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= $
$ 19.8
Projected Average Capital Needed Next Year (MM) n=
Deteriorate
$
95
$ 31.7
3
n=
Projected Total Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
59
$
59
$ 29.5
82
$ 20.5
$
2
4
NR
NR
NR
NR
NR
NR
46
$
6.0
$5.5
NR
NR
NR
NR
NR
NR
9.1
$ 15.2
$
3.0
$1.4
NR
NR
NR
NR
NR
NR
4
4
4
4
3
5
8
6
2
$
27
$
3
$
$
NR
0%
0%
25%
0%
0%
20%
38%
NR
0%
100%
Improve
75%
75%
25%
25%
33%
0%
38%
NR
33%
0%
No Change
25%
25%
50%
75%
67%
80%
25%
NR
67%
0%
4
4
4
4
3
5
7
0-90 days
Days Cash on Hand (%)
0%
0%
0%
0%
0%
0%
0%
NR
NR
NR
91-180 days
0%
0%
25%
0%
0%
20%
29%
NR
NR
NR
n=
NR
NR
NR
181-365 days
50%
50%
0%
50%
67%
0%
43%
NR
NR
NR
greater than 365
50%
50%
75%
50%
33%
80%
29%
NR
NR
NR
4
4
4
4
3
5
7
6
1
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
NR
100%
75%
75%
75%
100%
80%
43%
NR
33%
0%
0%
25%
25%
25%
0%
20%
57%
NR
67%
100%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
19
Table III. Results by Financing Sector Demand, Originations and Capital III C. All Community Services/Facilities Number of Financing Applications Received (%)
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
9
7
7
6
7
7
5
14
9
7
Decreased
33%
43%
14%
50%
14%
29%
20%
14%
0%
0%
Increased
22%
43%
86%
17%
43%
57%
48%
50%
67%
86%
No Change
44%
14%
0%
33%
43%
14%
40%
36%
33%
14%
9
7
7
6
7
7
5
NR
NR
NR
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
44%
29%
43%
33%
14%
29%
20%
NR
NR
NR
Increased
22%
71%
29%
33%
71%
43%
60%
NR
NR
NR
No Change
33%
0%
29%
33%
14%
29%
20%
NR
NR
NR
9
7
7
6
7
7
5
9
7
Decreased
Number of Loans/Investments Originated (%)
44%
43%
29%
17%
57%
29%
20%
7%
33%
14%
Increased
22%
43%
57%
33%
29%
29%
80%
71%
11%
43%
No Change
33%
14%
14%
50%
14%
43%
0%
21%
56%
43%
9
7
7
6
7
7
5
NR
NR
NR
33%
29%
43%
50%
71%
14%
0%
NR
NR
NR
44%
57%
57%
50%
29%
57%
80%
NR
NR
NR
22%
14%
0%
0%
0%
29%
20%
NR
NR
NR
8
7
6
5
7
6
5
13
7
5
Decreased
38%
14%
0%
20%
14%
0%
0%
38%
29%
40%
Increased
25%
29%
17%
40%
14%
17%
0%
8%
0%
0%
No Change
38%
57%
83%
40%
71%
83%
100%
54%
71%
60%
8
7
7
6
7
7
NR
NR
NR
25%
14%
29%
17%
14%
14%
0%
NR
NR
NR
25%
43%
43%
50%
29%
14%
40%
NR
NR
NR
50%
43%
29%
33%
57%
71%
60%
NR
NR
NR
9
7
7
6
7
7
5
14
9
7
Decreased
44%
29%
29%
33%
29%
29%
60%
29%
22%
43%
Increased
11%
43%
43%
17%
29%
43%
0%
14%
0%
14%
No Change
44%
29%
29%
50%
43%
29%
40%
57%
78%
43%
9
7
7
6
7
7
5
NR
NR
NR
Decreased
44%
29%
29%
17%
43%
43%
20%
NR
NR
NR
Increased
33%
71%
71%
50%
29%
29%
40%
NR
NR
NR
No Change
22%
0%
0%
33%
29%
29%
40%
NR
NR
NR
9
7
7
6
7
7
5
9
7
Both
11%
29%
14%
17%
29%
14%
0%
14%
0%
29%
Debt
11%
0%
14%
0%
29%
14%
20%
21%
22%
14%
Equity
11%
14%
14%
17%
0%
14%
20%
0%
0%
0%
67%
57%
57%
67%
43%
57%
60%
64%
78%
57%
3
3
3
2
7
NR
NR
NR
NR
NR
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
Increased No Change Ability to Access Capital (%)
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
n=
Increased No Change Capital Liquidity (%)
Capital Liquidity, Change Over Previous Year(%)
Capital-Constrained (%)
n=
n=
n=
Neither Capital Shortfall During the Quarter
n=
5
14
14
Total Capital Shortfall During the Quarter ($ MM)
$ 22.1
$ 12.0
$
6.0
$ 15.0
$
8.3
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
$
$
2.0
$
$
1.1
NR
NR
NR
NR
NR
5
7
7
5
14
9
7
Average Cost of Borrowed Capital
7.4
4.0
9
7
Decreased
0%
0%
0%
0%
29%
57%
0%
21%
22%
43%
Increased
0%
0%
29%
60%
0%
29%
20%
14%
22%
14%
100%
100%
71%
40%
71%
14%
80%
64%
56%
43%
No Change
n=
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
7
7.5
20
Table III. Results by Financing Sector Portfolio Quality 11Q1
III C. All Community Services/Facilities Average Loan Loss Reserve (%)
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
9
6
6
5
5
5
NR
NR
NR
NR
5.6%
7.3%
6.3%
6.2%
6.1%
8.5%
NR
NR
NR
NR
9
6
6
5
5
5
13
20
12
6
31-60 days
6.1%
1.6%
2.2%
1.6%
0.4%
3.9%
3.3%
2.5%
7.3%
1.2%
61-90 days
2.9%
0.2%
0.2%
0.9%
1.1%
2.9%
2.1%
1.4%
4.4%
0.1%
90+ days
1.5%
3.8%
4.3%
5.5%
3.1%
5.1%
5.3%
9.3%
7.0%
6.4%
10.4%
5.6%
6.7%
8.0%
4.6%
11.8%
10.6%
13.2%
18.7%
7.6%
9
6
4
4
4
0
NR
NR
NR
NR
0.4%
2.1%
0.9%
0.6%
0.6%
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
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=
9
6
4
4
4
7.6%
1.7%
7.5%
3.5%
5.7%
0 -
9
6
6
5
5
5
13
18
12
6
0.1%
1.2%
0.6%
0.0%
0.1%
0.0%
2.4%
1.2%
1.1%
0.4%
9
7
7
6
7
7
5
14
9
7
Decreased
22%
43%
29%
17%
0%
0%
0%
14%
11%
14%
Increased
11%
29%
57%
33%
29%
14%
40%
21%
56%
29%
No Change
67%
29%
14%
50%
71%
86%
60%
64%
33%
57%
9
7
7
6
7
7
5
14
9
7
Decreased
Delinquency Rate (%)
0%
71%
43%
33%
14%
29%
40%
14%
22%
0%
Increased
56%
14%
43%
50%
57%
57%
60%
29%
11%
43%
No Change
44%
14%
14%
17%
29%
14%
0%
57%
67%
57%
9
7
7
6
7
7
5
NR
NR
NR
Decreased
33%
71%
43%
50%
43%
29%
0%
NR
NR
NR
Increased
56%
14%
57%
33%
29%
71%
100%
NR
NR
NR
11%
14%
0%
17%
29%
0%
0%
NR
NR
NR
9
7
7
6
7
7
5
Decreased
0%
0%
0%
0%
0%
14%
0%
Increased
33%
29%
14%
67%
43%
14%
No Change
67%
71%
86%
33%
57%
71%
9
7
7
6
7
Decreased
0%
14%
29%
0%
Increased
0%
14%
0%
33%
100%
71%
71%
67%
Delinquency Rate, Change from Previous Year (%)
n=
n=
No Change Number of Loans/Investments in Workout (%)
Number of Loans Given Term Extensions (%)
No Change
n=
n=
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
14
9
7
7%
0%
0%
80%
14%
22%
71%
20%
79%
78%
29%
6
5
14
9
7
0%
0%
20%
7%
0%
0%
0%
17%
40%
29%
11%
57%
100%
83%
40%
64%
89%
43%
21
Table III. Results by Financing Sector Outlook 11Q1
III C. All Community Services/Facilities Expected Demand for Financing(%)
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
9
7
7
6
7
7
5
14
9
7
Decrease
11%
0%
0%
0%
0%
0%
0%
21%
11%
14%
Increase
56%
71%
43%
83%
100%
86%
60%
79%
56%
86%
No Change
33%
29%
57%
17%
0%
14%
40%
0%
33%
0%
8
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=
n= $
$ 51.8
n=
394
$ 56.3
302
$ 50.3
$
300
$
192
NR
NR
NR
NR
NR
$ 50.0
$
7.4
NR
NR
NR
NR
NR
5
6
NR
NR
NR
NR
NR
NR
$ 80.5
$154.0
NR
NR
NR
NR
NR
NR
$ 17.2
$ 10.8
$ 16.1
$25.7
NR
NR
NR
NR
NR
NR
9
7
7
6
7
7
5
14
9
7
86
6
$
65
$
Projected Average Capital Needed Next Year (MM)
$
5
n=
Projected Total Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
415
$
Deteriorate
11%
0%
14%
33%
43%
29%
40%
29%
11%
57%
Improve
22%
29%
14%
17%
0%
29%
20%
29%
0%
14%
No Change
67%
71%
71%
50%
57%
43%
40%
43%
89%
29%
NR
NR
9
7
7
5
7
7
5
8
0-90 days
Days Cash on Hand (%)
22%
0%
0%
20%
0%
0%
0%
0%
NR
NR
91-180 days
22%
43%
43%
40%
57%
43%
40%
50%
NR
NR
n=
181-365 days
11%
14%
0%
20%
0%
43%
20%
13%
NR
NR
greater than 365
44%
43%
57%
20%
43%
14%
40%
38%
NR
NR
9
7
7
6
7
7
5
13
8
7
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
78%
86%
100%
83%
71%
43%
80%
92%
75%
71%
22%
14%
0%
17%
29%
57%
20%
8%
25%
29%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
22
Table III. Results by Financing Sector Demand, Originations and Capital III D. All Consumer Number of Financing Applications Received (%)
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3 14
09Q2
08Q4
13
6
7
10
11
10
Decreased
15%
50%
43%
20%
36%
30%
0%
25%
NR
67%
Increased
54%
33%
29%
60%
27%
20%
50%
38%
NR
17%
No Change
31%
17%
29%
20%
36%
50%
50%
38%
NR
17%
13
6
7
10
11
9
14
NR
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
8
09Q1 NR
6
NR
NR
23%
50%
57%
30%
36%
44%
21%
NR
NR
NR
Increased
54%
0%
43%
60%
45%
44%
57%
NR
NR
NR
No Change
23%
50%
0%
10%
18%
11%
21%
NR
NR
NR
13
6
7
10
11
10
14
8
Decreased
Number of Loans/Investments Originated (%)
38%
33%
29%
20%
36%
40%
21%
38%
NR
80%
Increased
46%
50%
29%
50%
27%
30%
50%
25%
NR
20%
No Change
15%
17%
43%
30%
36%
30%
29%
38%
NR
0%
13
6
7
10
11
9
14
NR
46%
50%
57%
30%
36%
33%
36%
NR
NR
NR
54%
17%
43%
60%
36%
56%
36%
NR
NR
NR
0%
33%
0%
10%
27%
11%
28%
NR
NR
NR
7
5
4
5
3
6
5
4
Decreased
14%
0%
0%
20%
33%
50%
20%
25%
NR
0%
Increased
14%
20%
25%
20%
0%
17%
40%
0%
NR
33%
No Change
71%
80%
75%
60%
67%
33%
40%
75%
NR
67%
7
3
4
5
5
4
6
NR
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
Increased No Change Ability to Access Capital (%)
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
n=
NR
5
NR
NR
NR
3
NR
NR
0%
0%
0%
20%
20%
25%
17%
NR
NR
NR
29%
67%
25%
40%
20%
50%
50%
NR
NR
NR
71%
33%
75%
40%
60%
25%
33%
NR
NR
NR
13
6
7
10
11
10
14
8
Decreased
15%
17%
0%
20%
27%
10%
21%
38%
NR
33%
Increased
31%
50%
86%
10%
9%
40%
0%
38%
NR
33%
No Change
54%
33%
14%
70%
64%
50%
79%
25%
NR
33%
13
5
7
10
11
10
14
NR
Decreased
23%
20%
14%
10%
18%
20%
29%
NR
NR
NR
Increased
38%
60%
43%
30%
0%
40%
21%
NR
NR
NR
No Change
38%
20%
43%
60%
82%
40%
50%
NR
NR
NR
13
6
7
10
10
9
14
8
Increased No Change Capital Liquidity (%)
Capital Liquidity, Change Over Previous Year(%)
Capital-Constrained (%)
n=
n=
n=
NR
6
NR
NR
NR
6
Both
8%
0%
14%
10%
10%
0%
0%
0%
NR
Debt
0%
0%
0%
0%
0%
0%
0%
0%
NR
0%
Equity
8%
17%
14%
20%
10%
33%
14%
38%
NR
17%
85%
83%
71%
70%
80%
67%
86%
63%
NR
67%
2
1
1
5
NR
NR
NR
NR
NR
Neither Capital Shortfall During the Quarter
n=
-
17%
Total Capital Shortfall During the Quarter ($ MM)
$
0.2
$
-
$
-
$
0.0
$
5.4
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
0.1
$
-
$
-
$
0.0
$
1.1
NR
NR
NR
NR
NR
11
10
11
8
NR
6
Average Cost of Borrowed Capital
n=
12
6
7
8
Decreased
8%
0%
14%
13%
0%
20%
0%
13%
NR
Increased
17%
0%
0%
0%
0%
0%
0%
0%
NR
0%
No Change
75%
100%
86%
88%
100%
80%
100%
88%
NR
83%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
17%
23
Table III. Results by Financing Sector Portfolio Quality 11Q1
III D. All Consumer Average Loan Loss Reserve (%)
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
13
5
6
7
8
9
NR
NR
NR
NR
4.3%
2.6%
1.7%
7.1%
2.2%
2.7%
NR
NR
NR
NR
13
5
6
7
8
9
13
20
12
1
31-60 days
1.7%
4.1%
4.4%
1.5%
4.4%
4.1%
3.3%
2.5%
7.3%
10.5%
61-90 days
1.0%
1.9%
1.9%
1.0%
3.7%
1.4%
2.1%
1.4%
4.4%
5.7%
90+ days
1.7%
3.1%
1.8%
3.5%
2.5%
1.4%
5.3%
9.3%
7.0%
7.8%
4.4%
9.0%
8.2%
6.1%
10.5%
6.9%
10.6%
13.2%
18.7%
24.0%
13
2
3
5
7
0
NR
NR
NR
NR
0.1%
0.0%
0.0%
0.0%
0.0%
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
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=
13
2
3
5
7
4.0%
0.0%
0.3%
0.0%
2.6%
0 -
13
5
6
7
8
9
13
18
12
1
0.2%
0.9%
0.6%
1.5%
0.4%
2.2%
2.4%
1.2%
1.1%
3.3%
12
5
6
10
11
10
14
8
NR
6
Decreased
58%
0%
0%
20%
9%
10%
29%
13%
NR
17%
Increased
33%
60%
83%
40%
36%
40%
36%
50%
NR
67%
No Change
8%
40%
17%
40%
55%
50%
36%
38%
NR
17%
12
5
6
10
11
10
14
8
Decreased
Delinquency Rate (%)
58%
20%
0%
30%
27%
30%
21%
25%
NR
17%
Increased
25%
60%
67%
20%
36%
30%
36%
13%
NR
50%
No Change
17%
20%
33%
50%
36%
40%
43%
63%
NR
33%
12
5
6
10
11
10
14
NR
Decreased
58%
40%
0%
20%
18%
20%
21%
NR
NR
NR
Increased
25%
60%
100%
40%
45%
60%
35%
NR
NR
NR
17%
0%
0%
40%
36%
20%
43%
NR
NR
NR
12
5
6
10
11
9
14
7
0%
0%
14%
14%
NR
17%
Delinquency Rate, Change from Previous Year (%)
n=
n=
No Change Number of Loans/Investments in Workout (%)
n=
NR
6
NR
NR
NR
6
Decreased
0%
0%
0%
0%
Increased
33%
40%
17%
20%
9%
44%
43%
57%
NR
50%
No Change
67%
60%
83%
80%
91%
56%
14%
29%
NR
33%
12
5
6
10
11
10
14
8
Number of Loans Given Term Extensions (%)
n=
NR
6
Decreased
0%
0%
0%
0%
0%
0%
7%
0%
NR
0%
Increased
33%
0%
33%
20%
27%
60%
29%
63%
NR
67%
No Change
67%
100%
67%
80%
73%
40%
64%
38%
NR
33%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
24
Table III. Results by Financing Sector Outlook 11Q1
III D. All Consumer Expected Demand for Financing(%)
10Q4
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1 NR
08Q4
5
6
10
10
10
14
7
Decrease
8%
0%
17%
0%
0%
0%
14%
0%
NR
0%
Increase
50%
60%
50%
70%
50%
50%
36%
29%
NR
60%
No Change
42%
40%
33%
30%
50%
50%
50%
71%
NR
40%
12
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=
n= $
Projected Average Capital Needed Next Year (MM) n=
Deteriorate
5
127
$
3
$
13
$
136
$
4
NR
NR
NR
NR
NR
$ 10.5
$
1.3
$
2.5
$ 15.1
$
0.6
NR
NR
NR
NR
NR
4
10
NR
NR
NR
NR
NR
NR
$
12 5
$
1
$
1.7
$0.7
NR
NR
NR
NR
NR
NR
$
0.4
$
0.4
$
0.4
$0.1
NR
NR
NR
NR
NR
6
10
11
14
8
NR
5
n=
Projected Total Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
12
10Q3
12
2
4
NR 10
8%
0%
0%
10%
0%
0%
0%
13%
NR
Improve
58%
50%
17%
40%
45%
60%
43%
38%
NR
0%
No Change
33%
50%
83%
50%
55%
40%
57%
50%
NR
60%
12
Days Cash on Hand (%)
12
6
6
10
10
10
0-90 days
25%
17%
17%
10%
20%
40%
8%
80%
NR
NR
91-180 days
33%
17%
17%
40%
30%
0%
58%
0%
NR
NR
n=
5
40%
NR
NR
181-365 days
17%
17%
17%
10%
30%
20%
0%
0%
NR
NR
greater than 365
25%
50%
50%
40%
20%
40%
33%
20%
NR
NR
11
5
6
10
9
10
14
6
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
NR
6
91%
80%
67%
90%
78%
90%
64%
17%
NR
33%
9%
20%
33%
10%
22%
10%
36%
83%
NR
67%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
25
Table III. Results by Financing Sector Demand, Originations and Capital III E. All Housing to Individuals Number of Financing Applications Received (%)
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
19
18
17
16
13
15
17
19
13
17
Decreased
21%
44%
35%
38%
31%
33%
29%
16%
23%
35%
Increased
47%
33%
29%
50%
38%
40%
41%
63%
62%
47%
No Change
32%
22%
35%
13%
31%
27%
29%
21%
15%
18%
19
17
17
16
12
14
17
NR
NR
NR
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
26%
35%
59%
50%
17%
21%
18%
NR
NR
NR
Increased
47%
41%
12%
25%
42%
43%
59%
NR
NR
NR
No Change
26%
24%
29%
25%
42%
36%
24%
NR
NR
NR
19
18
17
16
13
15
16
18
13
18
Decreased
Number of Loans/Investments Originated (%)
26%
44%
47%
31%
46%
27%
31%
22%
38%
28%
Increased
37%
39%
18%
50%
23%
27%
44%
39%
46%
50%
No Change
37%
17%
35%
19%
31%
47%
25%
39%
15%
22%
19
17
17
16
12
15
17
NR
NR
NR
37%
53%
53%
50%
25%
27%
29%
NR
NR
NR
47%
29%
6%
19%
25%
27%
53%
NR
NR
NR
16%
18%
41%
31%
50%
47%
18%
16
16
14
12
10
12
14
11
11
14
13%
14%
17%
10%
0%
43%
45%
55%
64%
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
Increased No Change Ability to Access Capital (%)
n=
NR
NR
NR
Decreased
6%
Increased
13%
6%
50%
25%
30%
25%
21%
9%
18%
7%
No Change
81%
81%
36%
58%
60%
75%
36%
45%
27%
29%
16
15
14
12
11
12
16
NR
NR
NR
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
19%
7%
14%
17%
0%
8%
44%
NR
NR
NR
19%
40%
36%
42%
45%
25%
19%
NR
NR
NR
63%
53%
50%
42%
55%
67%
38%
18
18
17
16
13
15
17
Decreased
17%
17%
29%
25%
8%
13%
Increased
17%
17%
41%
19%
31%
40%
No Change
67%
67%
29%
56%
62%
47%
18
17
16
16
12
Decreased
11%
29%
31%
31%
Increased
28%
41%
25%
No Change
61%
29%
44%
18
17
17
Increased No Change Capital Liquidity (%)
Capital Liquidity, Change Over Previous Year(%)
Capital-Constrained (%)
n=
n=
n=
NR
NR
NR
18
13
18
35%
39%
46%
56%
29%
17%
23%
28%
35%
44%
31%
17%
15
17
NR
NR
NR
17%
33%
35%
NR
NR
NR
25%
33%
40%
35%
NR
NR
NR
44%
50%
27%
29%
NR
NR
15
13
14
17
19
13
18
NR
Both
0%
12%
6%
0%
23%
29%
35%
21%
23%
22%
Debt
6%
0%
6%
13%
8%
14%
12%
16%
23%
39%
Equity
6%
6%
12%
13%
8%
14%
18%
32%
15%
0%
89%
82%
76%
73%
62%
43%
35%
32%
38%
39%
3
3
4
3
2
NR
NR
NR
NR
NR NR
Neither Capital Shortfall During the Quarter
n=
Total Capital Shortfall During the Quarter ($ MM)
$ 20.2
$
1.5
$ 11.8
$ 15.0
$
4.4
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=
6.7 18
18
2.9
5.0
17
16
Decreased
11%
6%
18%
25%
9%
20%
0%
6%
31%
12%
Increased
0%
11%
0%
6%
18%
13%
6%
11%
8%
18%
No Change
89%
83%
82%
69%
73%
67%
94%
83%
62%
71%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
26
Table III. Results by Financing Sector Portfolio Quality 11Q1
III E. All Housing to Individuals Average Loan Loss Reserve (%)
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
15
14
15
13
10
12
NR
NR
NR
6.0%
8.9%
7.1%
5.6%
4.1%
3.4%
NR
NR
NR
NR
15
14
15
13
10
12
13
20
12
15
31-60 days
4.1%
3.5%
2.9%
4.3%
4.4%
2.7%
3.3%
2.5%
7.3%
4.3%
61-90 days
0.8%
1.3%
1.2%
1.9%
3.8%
1.5%
2.1%
1.4%
4.4%
3.0%
90+ days
4.9%
8.7%
5.4%
6.2%
5.3%
4.6%
5.3%
9.3%
7.0%
5.4%
9.7%
13.4%
9.6%
12.4%
13.5%
8.8%
10.6%
13.2%
18.7%
12.7%
15
9
14
10
7
0
NR
NR
NR
NR
27.8%
0.2%
0.0%
0.0%
0.0%
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
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=
15
9
14
10
7
0.3%
2.0%
1.9%
1.0%
0.6%
0 -
NR
15
14
15
13
10
12
13
18
12
15
0.5%
0.7%
0.4%
0.7%
2.2%
0.5%
2.4%
1.2%
1.1%
1.7%
17
18
16
16
13
15
17
19
13
18
Decreased
24%
22%
38%
25%
8%
7%
12%
0%
8%
11%
Increased
29%
22%
31%
38%
38%
33%
24%
21%
46%
22%
No Change
47%
56%
31%
38%
54%
60%
65%
79%
46%
67% 18
17
18
15
16
13
15
17
18
13
Decreased
Delinquency Rate (%)
47%
50%
27%
31%
15%
20%
18%
17%
38%
6%
Increased
18%
33%
27%
50%
62%
47%
47%
39%
46%
61%
No Change
35%
17%
47%
19%
23%
33%
35%
44%
15%
33%
16
18
15
16
12
15
17
NR
NR
NR
Decreased
63%
33%
27%
31%
17%
13%
29%
NR
NR
NR
Increased
25%
50%
27%
63%
67%
67%
41%
NR
NR
NR
13%
17%
47%
6%
17%
20%
29%
17
17
15
16
13
15
17
Decreased
6%
6%
27%
13%
8%
0%
Increased
18%
59%
7%
19%
46%
No Change
76%
35%
67%
69%
46%
17
17
15
16
13
Delinquency Rate, Change from Previous Year (%)
n=
n=
No Change Number of Loans/Investments in Workout (%)
Number of Loans Given Term Extensions (%)
n=
n=
NR
NR
NR
18
13
17
0%
11%
23%
12%
53%
41%
44%
31%
47%
47%
59%
44%
46%
41%
15
17
18
13
18
Decreased
6%
0%
13%
25%
8%
0%
0%
0%
0%
0%
Increased
12%
29%
7%
13%
31%
33%
24%
28%
31%
28%
No Change
82%
71%
80%
63%
62%
67%
76%
72%
69%
72%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
27
Table III. Results by Financing Sector Outlook III E. All Housing to Individuals Expected Demand for Financing(%)
11Q1
10Q4
10Q3
10Q2
17
16
10Q1
09Q4
09Q3
09Q2
09Q1
13
08Q4
18
18
14
17
17
13
Decrease
0%
6%
18%
6%
15%
0%
6%
0%
8%
11%
Increase
78%
78%
53%
56%
62%
50%
71%
71%
85%
78%
No Change
22%
17%
29%
38%
23%
50%
24%
29%
8%
11%
14
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=
n= $
$ 16.3
$
Projected Average Capital Needed Next Year (MM)
$
146
$ 10.4
15
n=
Projected Total Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
229
$
$ 15.0
14
160
$
73
$ 10.7
$
5.2
226
$
282
$
29
NR
NR
NR
NR
NR
$ 17.6
$
2.4
NR
NR
NR
NR
NR
16
16
NR
NR
NR
NR
NR
NR
$ 120.5
$75.1
NR
NR
NR
NR
NR
NR
NR
NR
$
7.5
$4.7
NR
17
16
13
15
0
19
13
18
6%
15%
40%
41%
37%
38%
50%
50%
38%
33%
18%
42%
15%
28%
46%
27%
41%
21%
46%
22%
NR
NR
17
18
Deteriorate
12%
17%
6%
Improve
35%
33%
47%
No Change
53%
50%
47%
44%
Days Cash on Hand (%)
n=
18
NR
NR
NR
18
18
17
16
13
15
17
13
0-90 days
17%
11%
12%
19%
31%
33%
12%
46%
NR
NR
91-180 days
33%
50%
53%
44%
46%
40%
59%
46%
NR
NR
n=
181-365 days
33%
28%
18%
19%
15%
20%
24%
0%
NR
NR
greater than 365
17%
11%
18%
19%
8%
7%
6%
8%
NR
NR
16
18
17
15
13
15
17
18
88%
94%
88%
60%
62%
60%
75%
50%
62%
50%
13%
6%
12%
40%
38%
40%
25%
50%
38%
50%
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
13
18
28
Table III. Results by Financing Sector Demand, Originations and Capital III F. All Housing to Organizations Number of Financing Applications Received (%)
11Q1
10Q4
10Q3
10Q2 34
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
30
30
26
24
31
29
26
21
33
Decreased
33%
40%
35%
6%
25%
26%
24%
19%
24%
24%
Increased
40%
37%
35%
65%
46%
42%
44%
50%
57%
52%
No Change
27%
23%
31%
29%
29%
32%
31%
31%
19%
24%
30
30
25
34
24
31
28
NR
NR
NR
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
27%
17%
32%
24%
42%
29%
39%
NR
NR
NR
Increased
63%
70%
44%
53%
46%
48%
39%
NR
NR
NR
No Change
10%
13%
24%
24%
13%
23%
21%
NR
NR
NR
30
30
26
35
24
31
29
28
22
33
Decreased
Number of Loans/Investments Originated (%)
40%
23%
46%
11%
50%
29%
21%
11%
41%
39%
Increased
30%
63%
23%
54%
21%
45%
41%
61%
23%
30%
No Change
30%
13%
31%
34%
29%
26%
38%
29%
36%
30%
30
30
26
35
24
31
28
NR
NR
NR
23%
30%
35%
37%
46%
42%
39%
NR
NR
NR
57%
57%
38%
37%
42%
39%
25%
NR
NR
NR
20%
13%
27%
26%
13%
19%
36%
28
27
23
30
21
24
26
24
15
28
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
Increased No Change Ability to Access Capital (%)
n=
NR
NR
NR
Decreased
18%
7%
13%
20%
19%
21%
23%
33%
27%
39%
Increased
32%
30%
52%
20%
29%
38%
27%
13%
40%
21%
No Change
50%
63%
35%
60%
52%
42%
50%
54%
33%
39%
29
30
25
29
22
25
25
NR
NR
NR
14%
13%
12%
24%
23%
32%
32%
NR
NR
NR
48%
63%
60%
41%
41%
40%
32%
NR
NR
NR
38%
23%
28%
34%
36%
28%
36%
30
30
26
35
24
31
28
28
22
33
Decreased
43%
33%
27%
51%
38%
35%
25%
46%
32%
33%
Increased
30%
47%
46%
17%
38%
32%
32%
14%
45%
33%
No Change
27%
20%
27%
31%
25%
32%
43%
39%
23%
33%
30
30
26
35
24
31
28
NR
NR
NR
Decreased
50%
37%
31%
37%
38%
45%
39%
NR
NR
NR
Increased
43%
53%
58%
46%
50%
42%
29%
NR
NR
NR
No Change
7%
10%
12%
17%
13%
13%
32%
NR
NR
Capital-Constrained (%)
30
30
26
35
24
31
28
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
Increased No Change Capital Liquidity (%)
Capital Liquidity, Change Over Previous Year(%)
n=
n=
n=
NR
NR
NR
NR
28
22
33
Both
13%
7%
19%
23%
25%
19%
29%
29%
41%
21%
Debt
0%
3%
4%
3%
0%
13%
18%
21%
18%
18%
10%
10%
4%
6%
8%
16%
14%
11%
9%
21%
77%
80%
73%
69%
67%
52%
39%
39%
32%
39%
6
4
3
6
3
NR
NR
NR
NR
NR NR
Equity Neither Capital Shortfall During the Quarter
n=
Total Capital Shortfall During the Quarter ($ MM)
$
8.0
$ 10.3
$
4.5
$ 40.7
$
5.0
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
1.0
$
$
0.8
$
$
0.2
NR
NR
NR
NR
NR
Average Cost of Borrowed Capital
1.7
5.1
30
30
26
35
24
31
29
28
22
33
Decreased
23%
27%
12%
11%
17%
16%
17%
14%
14%
24%
Increased
13%
10%
12%
14%
13%
23%
10%
21%
23%
15%
No Change
63%
63%
77%
74%
71%
61%
72%
64%
64%
61%
n=
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
29
Table III. Results by Financing Sector Portfolio Quality 11Q1
III F. All Housing to Organizations Average Loan Loss Reserve (%)
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
29
28
24
24
23
30
NR
NR
NR
9.1%
10.3%
10.1%
10.0%
9.9%
7.3%
NR
NR
NR
NR
29
28
24
24
23
30
13
20
12
31
31-60 days
1.4%
1.2%
1.1%
1.6%
0.4%
1.4%
3.3%
2.5%
7.3%
1.4%
61-90 days
1.4%
0.4%
0.3%
1.4%
1.2%
1.4%
2.1%
1.4%
4.4%
0.9%
90+ days
3.0%
2.6%
4.3%
6.3%
7.5%
3.3%
5.3%
9.3%
7.0%
4.5%
5.8%
4.1%
5.7%
9.3%
9.1%
6.1%
10.6%
13.2%
18.7%
6.8%
29
27
22
23
19
0
NR
NR
NR
NR
1.6%
1.8%
2.8%
2.3%
0.4%
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
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=
29
27
22
23
19
8.5%
14.2%
12.0%
5.7%
2.4%
0 -
NR
29
28
24
24
23
30
13
18
12
31
0.3%
0.5%
0.7%
0.5%
0.3%
1.0%
2.4%
1.2%
1.1%
0.1%
29
30
26
35
23
31
29
28
22
33
Decreased
24%
20%
42%
31%
26%
29%
13%
14%
14%
9%
Increased
34%
33%
19%
29%
39%
29%
45%
43%
50%
52%
No Change
41%
47%
38%
40%
35%
42%
41%
43%
36%
39%
30
30
25
35
24
30
29
28
22
33
Decreased
Delinquency Rate (%)
37%
37%
36%
34%
42%
33%
21%
36%
18%
12%
Increased
30%
30%
28%
20%
25%
37%
28%
18%
41%
45%
No Change
33%
33%
36%
46%
33%
30%
52%
46%
41%
42%
30
30
25
35
24
31
28
NR
NR
NR
Decreased
50%
57%
52%
43%
38%
23%
32%
NR
NR
NR
Increased
30%
17%
24%
34%
38%
55%
32%
NR
NR
NR
20%
27%
24%
23%
25%
23%
36%
30
29
25
33
24
31
29
28
22
Decreased
23%
34%
36%
9%
21%
13%
17%
11%
18%
3%
Increased
20%
21%
24%
36%
33%
52%
38%
50%
45%
55%
No Change
57%
45%
40%
55%
46%
35%
45%
39%
36%
42%
28
30
24
35
24
31
28
28
22
33
Decreased
11%
23%
21%
20%
25%
13%
18%
14%
23%
9%
Increased
32%
27%
29%
31%
38%
48%
29%
57%
50%
55%
No Change
57%
50%
50%
49%
38%
39%
54%
29%
27%
36%
Delinquency Rate, Change from Previous Year (%)
n=
n=
No Change Number of Loans/Investments in Workout (%)
Number of Loans Given Term Extensions (%)
n=
n=
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, 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(%)
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
31
28
09Q2
09Q1
08Q4
28
22
33
30
30
26
34
24
Decrease
3%
0%
4%
3%
0%
10%
7%
11%
5%
9%
Increase
57%
67%
65%
71%
71%
77%
59%
64%
68%
67%
No Change
40%
33%
31%
26%
29%
13%
35%
25%
27%
24%
29
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=
n= $
$ 22.5
Projected Average Capital Needed Next Year (MM)
$
673
$ 23.2
29
$
373
$ 15.5
29
$
672
$
76
NR
NR
NR
NR
NR
$ 19.2
$
4.4
NR
NR
NR
NR
NR
23
35
NR
NR
NR
NR
NR
NR
$
187
$
121
$ 75.4
$138.2
NR
NR
NR
NR
NR
NR
$
6.4
$
4.2
$
n=
Projected Total Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
653
3.3
$3.9
NR
26
35
24
29
30
Deteriorate
14%
10%
4%
6%
Improve
28%
43%
54%
37%
No Change
59%
47%
42%
57%
30
30
26
0%
0%
0%
17%
20%
4%
Days Cash on Hand (%)
n=
n=
0-90 days 91-180 days
NR
NR
NR
NR
NR
31
28
28
22
33
4%
42%
50%
54%
50%
39%
54%
23%
25%
18%
32%
24%
42%
35%
25%
29%
18%
36%
34
22
30
27
22
NR
NR
9%
5%
7%
11%
5%
NR
NR
12%
9%
17%
19%
9%
NR
NR
181-365 days
37%
30%
38%
29%
59%
30%
33%
50%
NR
NR
greater than 365
47%
50%
58%
50%
27%
47%
37%
36%
NR
NR
30
30
26
35
24
31
28
28
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
21
32
90%
83%
85%
69%
79%
81%
71%
61%
71%
63%
10%
17%
15%
31%
21%
19%
29%
39%
29%
38%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
31
Table III. Results by Financing Sector Demand, Originations and Capital III G. All Intermediary Number of Financing Applications Received (%)
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
3
2
2
3
2
3
1
2
5
2
Decreased
67%
0%
0%
67%
0%
0%
0%
0%
0%
0%
Increased
33%
50%
50%
0%
50%
0%
100%
100%
60%
100%
No Change
0%
50%
50%
33%
50%
100%
0%
0%
40%
0%
3
2
2
3
2
3
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
1
NR
NR
NR
33%
0%
50%
33%
0%
0%
0%
NR
NR
NR
Increased
67%
50%
50%
33%
50%
0%
100%
NR
NR
NR
No Change
0%
50%
0%
33%
50%
100%
0%
NR
NR
NR
3
2
2
3
2
3
1
2
5
2
Decreased
Number of Loans/Investments Originated (%)
67%
0%
0%
33%
0%
33%
0%
0%
0%
0%
Increased
33%
100%
50%
33%
50%
33%
100%
50%
20%
50%
No Change
0%
0%
50%
33%
50%
33%
0%
50%
80%
50%
3
2
2
3
2
3
1
NR
NR
NR
33%
0%
50%
33%
0%
33%
0%
NR
NR
NR
67%
100%
50%
33%
50%
33%
100%
NR
NR
NR
0%
0%
0%
33%
50%
33%
0%
NR
NR
NR
2
2
2
3
2
3
1
2
5
0%
0%
0%
0%
50%
67%
0%
50%
60%
100%
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
Increased No Change Ability to Access Capital (%)
n=
Decreased Increased No Change Ability to Access Capital, Change from Previous Year (%) Decreased
n=
Increased No Change Capital Liquidity (%)
2
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
100%
100%
100%
100%
50%
33%
100%
50%
40%
0%
NR
NR
2
2
2
3
2
3
1
NR
0%
0%
0%
67%
50%
67%
0%
NR
NR
NR
50%
0%
0%
33%
0%
0%
0%
NR
NR
NR
50%
100%
100%
0%
50%
33%
100%
NR
NR
NR
3
2
3
1
2
5
2 50%
3
2
Decreased
0%
50%
0%
0%
0%
33%
0%
100%
60%
Increased
33%
0%
50%
67%
50%
33%
0%
0%
0%
0%
No Change
67%
50%
50%
33%
50%
33%
100%
0%
40%
50%
3
2
2
3
2
3
1
NR
NR
Decreased
0%
0%
0%
33%
0%
33%
0%
NR
NR
NR
Increased
67%
100%
100%
33%
50%
33%
100%
NR
NR
NR
No Change
33%
0%
0%
33%
50%
33%
0%
NR
NR
NR
3
2
2
3
2
3
1
2
5
2
Both
33%
50%
50%
0%
50%
33%
0%
0%
20%
0%
Debt
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Equity
0%
0%
0%
33%
0%
0%
0%
50%
20%
50%
67%
50%
50%
67%
50%
67%
100%
50%
60%
50%
1
1
NR
1
NR
NR
NR
NR
NR
NR
Capital Liquidity, Change Over Previous Year(%)
Capital-Constrained (%)
n=
n=
n=
Neither Capital Shortfall During the Quarter
n=
2
NR
Total Capital Shortfall During the Quarter ($ MM)
$
2.0
$
2.0
NR
$
2.0
NR
NR
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
2.0
$
2.0
NR
$
2.0
NR
NR
NR
NR
NR
NR
3
2
2
3
2
3
1
2
5
2
Decreased
0%
50%
0%
0%
0%
0%
0%
0%
0%
0%
Increased
33%
0%
0%
0%
0%
0%
0%
0%
0%
50%
No Change
67%
50%
100%
100%
100%
100%
100%
100%
100%
50%
Average Cost of Borrowed Capital
n=
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
32
Table III. Results by Financing Sector Portfolio Quality 11Q1
III G. All Intermediary Average Loan Loss Reserve (%)
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
3
2
2
1
2
2
NR
NR
NR
NR
4.9%
5.0%
5.2%
4.9%
5.6%
4.7%
NR
NR
NR
NR
3
2
2
1
2
2
13
20
12
0
31-60 days
0.0%
0.1%
0.1%
0.1%
0.1%
0.0%
3.3%
2.5%
7.3%
-
61-90 days
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
2.1%
1.4%
4.4%
-
90+ days
0.0%
0.1%
0.3%
1.4%
0.5%
0.8%
5.3%
9.3%
7.0%
-
0.0%
0.1%
0.4%
1.5%
0.6%
0.8%
10.6%
13.2%
18.7%
3
2
2
1
2
0
NR
NR
NR
NR
0.3%
0.0%
0.0%
0.0%
0.0%
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
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=
3
2
2
1
2
0.3%
0.5%
0.6%
1.4%
20.0%
0 -
3
2
2
1
2
2
13
18
12
0.0%
0.0%
0.3%
0.1%
0.0%
0.1%
2.4%
1.2%
1.1%
3
2
2
3
2
3
1
2
-
0 -
5
1
Decreased
0%
50%
50%
0%
0%
0%
0%
0%
0%
0%
Increased
67%
0%
0%
33%
50%
33%
0%
50%
20%
100%
No Change
33%
50%
50%
67%
50%
67%
100%
50%
80%
0%
2
3
2
3
1
2
5
1
Decreased
Delinquency Rate (%)
0%
100%
50%
33%
0%
0%
0%
0%
0%
0%
Increased
0%
0%
0%
33%
50%
0%
0%
0%
0%
100%
100%
0%
50%
33%
50%
100%
100%
100%
100%
0%
3
2
2
2
2
NR
NR
Decreased
33%
50%
50%
0%
0%
0%
0%
NR
NR
NR
Increased
33%
50%
50%
50%
100%
67%
100%
NR
NR
NR
33%
0%
0%
50%
0%
33%
0%
NR
NR
NR
3
2
2
3
2
3
1
1
4
2
Decreased
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Increased
33%
50%
0%
33%
50%
33%
100%
0%
0%
0%
No Change
67%
50%
100%
67%
50%
67%
0%
100%
100%
100%
3
2
2
2
2
3
1
1
n=
No Change Delinquency Rate, Change from Previous Year (%)
n=
No Change Number of Loans/Investments in Workout (%)
Number of Loans Given Term Extensions (%)
n=
n=
3
2
3
1
NR
4
2 0%
Decreased
0%
0%
0%
0%
0%
0%
0%
0%
0%
Increased
0%
50%
0%
50%
0%
33%
0%
0%
25%
0%
100%
50%
100%
50%
100%
67%
100%
100%
75%
100%
No Change
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
33
Table III. Results by Financing Sector Outlook 11Q1
III G. All Intermediary Expected Demand for Financing(%)
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4 NR
3
2
2
3
2
3
1
1
5
Decrease
0%
0%
0%
0%
0%
0%
0%
0%
0%
NR
Increase
67%
50%
100%
0%
0%
67%
0%
100%
60%
NR
No Change
33%
50%
0%
100%
100%
33%
100%
0%
40%
NR
3
2
2
NR
NR
NR
NR
NR
NR
NR
34
NR
NR
NR
NR
NR
NR
NR
$ 17.0
NR
NR
NR
NR
NR
NR
NR
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= $
$ 15.1
Projected Average Capital Needed Next Year (MM) n=
Deteriorate
$
46
$ 23.0
3
$
2
NR
NR
NR
NR
NR
NR
NR
$
4
$
6
$
3.5
NR
NR
NR
NR
NR
NR
NR
$
1.3
$
3.0
$
n=
Projected Total Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
45
3
2
1.8
NR
NR
NR
NR
NR
NR
2
2
3
2
3
1
2
5
NR NR
0%
0%
0%
0%
50%
0%
0%
0%
20%
NR
Improve
33%
50%
0%
0%
50%
67%
0%
0%
0%
NR
No Change
67%
50%
100%
100%
0%
33%
100%
100%
80%
NR
NR
NR
3
2
2
3
2
3
1
0-90 days
Days Cash on Hand (%)
0%
50%
0%
33%
0%
0%
0%
NR
NR
NR
91-180 days
0%
0%
0%
0%
0%
33%
100%
NR
NR
NR
n=
NR
181-365 days
67%
0%
50%
0%
100%
33%
0%
NR
NR
NR
greater than 365
33%
50%
50%
67%
0%
33%
0%
NR
NR
NR
3
2
2
2
2
3
1
2
5
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
NR
67%
100%
100%
50%
100%
67%
100%
50%
20%
NR
33%
0%
0%
50%
0%
33%
0%
50%
80%
NR
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
34
Table III. Results by Financing Sector Demand, Originations and Capital III H. All Microenterprise Number of Financing Applications Received (%)
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
11
22
26
16
23
17
18
16
13
20
Decreased
42%
31%
22%
29%
17%
50%
15%
10%
9%
9%
Increased
35%
50%
61%
65%
61%
44%
69%
80%
73%
77%
No Change
23%
19%
17%
6%
22%
6%
15%
10%
18%
14%
26
16
23
17
18
16
13
NR
NR
NR
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
38%
25%
22%
29%
11%
19%
23%
NR
NR
NR
Increased
42%
56%
74%
59%
61%
81%
77%
NR
NR
NR
No Change
19%
19%
4%
12%
28%
0%
0%
NR
NR
NR
26
16
23
17
18
16
13
20
12
21
Decreased
Number of Loans/Investments Originated (%)
50%
31%
17%
24%
33%
31%
23%
20%
42%
24%
Increased
35%
38%
65%
59%
50%
31%
62%
50%
42%
67%
No Change
15%
31%
17%
18%
17%
38%
15%
30%
17%
10%
26
16
23
17
18
16
13
NR
NR
NR
31%
38%
39%
18%
39%
13%
15%
NR
NR
NR
50%
50%
52%
71%
39%
69%
69%
NR
NR
NR
19%
13%
9%
12%
22%
19%
15%
NR
NR
21
13
13
15
10
8
15
8
19
0%
7%
30%
25%
27%
13%
32%
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
Increased No Change Ability to Access Capital (%)
n=
18
NR
Decreased
19%
0%
11%
Increased
29%
23%
28%
8%
33%
0%
25%
27%
63%
32%
No Change
52%
77%
61%
92%
60%
70%
50%
47%
25%
37%
22
14
18
14
16
10
9
NR
NR
NR
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
14%
7%
6%
7%
13%
40%
22%
NR
NR
NR
41%
57%
50%
57%
38%
20%
44%
NR
NR
NR
45%
36%
44%
36%
50%
40%
33%
25
15
21
16
17
16
13
20
12
22
Decreased
28%
33%
24%
25%
24%
25%
23%
55%
25%
45%
Increased
32%
40%
38%
44%
35%
31%
38%
15%
33%
23%
No Change
40%
27%
38%
31%
41%
44%
38%
30%
42%
32%
24
15
22
16
18
16
13
NR
NR
NR
Decreased
13%
13%
23%
25%
22%
19%
31%
NR
NR
NR
Increased
50%
60%
59%
50%
56%
44%
15%
NR
NR
NR
No Change
38%
27%
18%
25%
22%
38%
54%
NR
NR
26
16
23
17
18
16
13
Increased No Change Capital Liquidity (%)
Capital Liquidity, Change Over Previous Year(%)
Capital-Constrained (%)
n=
n=
n=
NR
20
NR
NR
NR
12
22
Both
8%
0%
9%
18%
0%
13%
8%
10%
8%
Debt
12%
6%
4%
0%
6%
19%
15%
20%
25%
9%
4%
0%
22%
6%
11%
19%
15%
15%
17%
14%
77%
94%
65%
76%
83%
50%
62%
55%
50%
59%
4
1
6
3
2
NR
NR
NR
NR
NR NR
Equity Neither Capital Shortfall During the Quarter
n=
18%
Total Capital Shortfall During the Quarter ($ MM)
$
2.5
$
0.5
$
1.9
$
1.1
$
0.8
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
0.6
$
0.5
$
0.3
$
0.4
$
0.0
NR
NR
NR
NR
NR
17
18
15
13
20
12
22
Average Cost of Borrowed Capital
25
15
22
Decreased
8%
0%
0%
18%
11%
20%
8%
15%
17%
Increased
4%
0%
5%
0%
6%
7%
0%
5%
8%
9%
No Change
88%
100%
95%
82%
83%
73%
92%
80%
75%
86%
n=
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
5%
35
Table III. Results by Financing Sector Portfolio Quality III H. All Microenterprise Average Loan Loss Reserve (%)
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
25
15
20
14
13
13
NR
NR
NR
13.6%
11.8%
14.1%
23.6%
16.9%
17.8%
NR
NR
NR
NR
25
15
20
14
13
13
13
20
12
22
31-60 days
4.1%
2.0%
2.2%
2.6%
2.6%
5.5%
3.3%
2.5%
7.3%
3.8%
61-90 days
1.7%
1.1%
3.3%
1.5%
1.8%
2.1%
2.1%
1.4%
4.4%
2.1%
90+ days
6.4%
6.4%
5.9%
4.5%
5.4%
8.1%
5.3%
9.3%
7.0%
10.1%
12.2%
9.5%
11.4%
8.7%
9.8%
15.6%
10.6%
13.2%
18.7%
15.9%
25
15
17
13
12
0
NR
NR
NR
NR
0.3%
0.2%
0.6%
3.5%
0.2%
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
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=
25
15
17
13
12
6.8%
8.4%
9.4%
7.1%
6.6%
0 -
NR
25
15
20
14
13
13
13
18
12
22
0.6%
1.2%
1.2%
2.2%
2.1%
3.2%
2.4%
1.2%
1.1%
4.7%
24
15
21
16
17
15
13
20
12
22
Decreased
8%
20%
24%
13%
18%
27%
0%
10%
0%
18%
Increased
46%
13%
24%
38%
35%
33%
46%
40%
67%
41%
No Change
46%
67%
52%
50%
47%
40%
54%
50%
33%
41%
26
16
22
17
18
16
13
20
12
22
Decreased
Delinquency Rate (%)
65%
31%
50%
41%
44%
56%
23%
40%
17%
18%
Increased
15%
44%
41%
29%
33%
44%
62%
45%
50%
50%
No Change
19%
25%
9%
29%
22%
0%
15%
15%
33%
32%
26
16
21
17
18
16
13
NR
NR
NR
Decreased
65%
31%
57%
47%
39%
44%
23%
NR
NR
NR
Increased
23%
56%
29%
41%
50%
50%
62%
NR
NR
NR
12%
13%
14%
12%
11%
6%
15%
25
15
22
17
18
16
13
Decreased
16%
33%
27%
12%
6%
6%
8%
Increased
20%
27%
27%
41%
44%
69%
No Change
64%
40%
45%
47%
50%
25%
24
16
22
17
18
16
Delinquency Rate, Change from Previous Year (%)
n=
n=
No Change Number of Loans/Investments in Workout (%)
Number of Loans Given Term Extensions (%)
n=
n=
NR 20
NR
NR
12
22
15%
8%
5%
62%
45%
58%
68%
31%
40%
33%
27%
13
20
12
22
Decreased
17%
6%
36%
18%
17%
13%
0%
5%
0%
0%
Increased
17%
38%
18%
18%
33%
31%
46%
65%
58%
73%
No Change
67%
56%
45%
65%
50%
56%
54%
30%
42%
27%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
36
Table III. Results by Financing Sector Outlook III H. All Microenterprise Expected Demand for Financing(%)
11Q1
10Q3
10Q2
10Q1
16
09Q4
09Q3
09Q2
09Q1
08Q4
16
22
23
17
18
13
20
12
Decrease
0%
13%
9%
0%
0%
19%
8%
5%
0%
0%
Increase
85%
63%
61%
65%
83%
63%
77%
80%
92%
95%
No Change
15%
25%
30%
35%
17%
19%
15%
15%
8%
5%
23
15
20
15
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=
n= $
58
$
45
$
57
$
37
$
8
NR
NR
NR
NR
NR
$
2.5
$
3.0
$
2.7
$
2.3
$
0.5
NR
NR
NR
NR
NR
15
n=
Projected Total Capital Needed Next Year (MM) Projected Average Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
26
10Q4
n=
Deteriorate
10
$
18
$
12
$
0.8
$
0.8
26
16
11
10
NR
NR
NR
NR
NR
NR
$ 14.5
$7.9
NR
NR
NR
NR
NR
NR
$
0.7
$0.5
NR
23
17
18
16
NR
NR 13
NR
NR
NR
20
12
22
0%
6%
4%
0%
11%
13%
8%
15%
17%
36%
Improve
50%
44%
30%
59%
44%
50%
54%
50%
58%
41%
No Change
50%
50%
65%
41%
44%
38%
38%
35%
25%
23%
NR
NR
24
14
22
16
18
15
13
14
0-90 days
Days Cash on Hand (%)
13%
29%
18%
13%
28%
13%
15%
57%
NR
NR
91-180 days
42%
21%
32%
31%
28%
47%
31%
29%
NR
NR
n=
181-365 days
29%
29%
23%
31%
39%
40%
46%
7%
NR
NR
greater than 365
17%
21%
27%
25%
6%
0%
8%
7%
NR
NR
26
15
21
15
18
16
13
20
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
12
20
96%
87%
86%
100%
72%
75%
62%
70%
75%
75%
4%
13%
14%
0%
28%
25%
38%
30%
25%
25%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
37
Table IV. Results by Region Demand, Originations and Capital IV A. All Midwest CDFIs Number of Financing Applications Received (%)
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2 31
09Q1
08Q4
39
28
27
27
25
25
27
25
22
Decreased
26%
36%
30%
19%
16%
24%
15%
6%
20%
18%
Increased
41%
29%
26%
52%
48%
36%
67%
74%
60%
68%
No Change
33%
36%
44%
30%
36%
40%
19%
19%
20%
14%
39
28
27
27
25
25
26
NR
NR
NR
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
23%
29%
44%
26%
16%
16%
12%
NR
NR
NR
Increased
41%
43%
33%
52%
48%
52%
73%
NR
NR
NR
No Change
36%
29%
22%
22%
36%
32%
15%
NR
NR
NR
39
28
27
28
25
25
27
31
25
21
Decreased
Number of Loans/Investments Originated (%)
33%
46%
41%
11%
48%
20%
11%
10%
44%
29%
Increased
36%
36%
26%
57%
32%
44%
59%
58%
28%
52%
No Change
31%
18%
33%
32%
20%
36%
30%
32%
28%
19%
39
28
27
28
25
25
26
NR
NR
NR
23%
32%
33%
36%
48%
24%
27%
NR
NR
NR
46%
46%
26%
46%
28%
52%
50%
NR
NR
NR
31%
21%
41%
18%
24%
24%
23%
29
25
22
18
18
17
24
25
21
20
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
Increased No Change Ability to Access Capital (%)
n=
NR
NR
NR
Decreased
17%
8%
5%
0%
33%
18%
21%
32%
38%
15%
Increased
21%
24%
41%
39%
22%
29%
21%
20%
24%
35%
No Change
62%
68%
55%
61%
44%
53%
58%
48%
38%
50%
31
24
24
18
18
19
23
NR
NR
NR
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
13%
4%
8%
17%
11%
42%
22%
NR
NR
NR
32%
58%
50%
50%
44%
26%
30%
NR
NR
NR
55%
38%
42%
33%
44%
32%
48%
38
29
26
28
25
25
26
30
24
22
Decreased
24%
14%
23%
32%
20%
20%
23%
30%
33%
27%
Increased
34%
41%
46%
29%
36%
20%
31%
23%
38%
36%
No Change
42%
45%
31%
39%
44%
60%
46%
47%
29%
36%
37
27
27
28
25
24
26
NR
NR
NR
Decreased
27%
19%
22%
25%
16%
17%
27%
NR
NR
NR
Increased
41%
67%
44%
43%
56%
42%
58%
NR
NR
NR
No Change
32%
15%
33%
32%
28%
42%
15%
NR
NR
38
29
27
28
25
25
26
Increased No Change Capital Liquidity (%)
Capital Liquidity, Change Over Previous Year(%)
Capital-Constrained (%)
n=
n=
n=
NR
NR
NR
NR
31
25
22 18%
Both
3%
3%
4%
4%
16%
24%
15%
23%
28%
Debt
8%
3%
7%
0%
8%
8%
15%
10%
8%
9%
Equity
8%
10%
15%
11%
0%
12%
8%
6%
4%
23%
82%
83%
74%
86%
76%
56%
62%
61%
60%
50%
7
5
5
3
3
NR
NR
NR
NR
NR NR
Neither Capital Shortfall During the Quarter
n=
Total Capital Shortfall During the Quarter ($ MM)
$ 27.3
$ 13.0
$
1.3
$ 43.3
$
2.7
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
$
$
0.2
$ 14.4
$
0.1
NR
NR
NR
NR
NR
27
28
25
25
27
30
25
22
Average Cost of Borrowed Capital
3.9
2.6
38
27
Decreased
5%
7%
11%
7%
12%
20%
7%
13%
8%
14%
Increased
5%
7%
4%
7%
0%
8%
7%
10%
24%
14%
No Change
89%
85%
85%
86%
88%
72%
85%
77%
68%
73%
n=
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
38
Table IV. Results by Region Portfolio Quality 11Q1
IV A. All Midwest CDFIs Average Loan Loss Reserve (%)
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
33
25
25
23
20
23
NR
NR
NR
NR
7.3%
8.8%
11.6%
11.2%
9.3%
8.5%
NR
NR
NR
NR
33
25
25
23
20
23
23
29
24
21
31-60 days
4.5%
2.9%
2.6%
6.7%
3.7%
1.2%
2.2%
3.3%
2.9%
2.5%
61-90 days
2.2%
0.9%
1.0%
1.0%
1.9%
1.9%
0.7%
1.5%
2.0%
2.0%
90+ days
4.4%
6.3%
4.2%
5.5%
5.9%
4.8%
6.9%
3.4%
3.4%
5.1%
11.0%
10.1%
7.8%
13.2%
11.6%
7.9%
9.9%
8.2%
8.3%
9.7%
33
23
24
19
15
NR
NR
NR
NR
NR
0.3%
0.8%
1.1%
1.4%
0.2%
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
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=
33
23
24
19
15
3.8%
7.1%
7.7%
3.4%
6.2%
NR -
33
25
25
23
20
23
23
29
24
21
0.5%
1.4%
0.6%
0.6%
1.6%
0.9%
0.7%
0.5%
0.2%
1.2%
33
27
26
28
25
25
27
31
25
22
Decreased
9%
30%
38%
14%
12%
12%
7%
13%
16%
23%
Increased
33%
33%
31%
46%
36%
40%
33%
29%
40%
18%
No Change
58%
37%
31%
39%
52%
48%
59%
58%
44%
59%
34
27
26
28
25
25
27
31
25
22
Decreased
Delinquency Rate (%)
44%
56%
42%
39%
20%
24%
19%
26%
32%
14%
Increased
24%
30%
31%
43%
48%
36%
44%
42%
28%
41%
No Change
32%
15%
27%
18%
32%
40%
37%
32%
40%
45%
34
28
26
28
25
25
26
NR
NR
NR
Decreased
50%
46%
46%
32%
32%
32%
15%
NR
NR
NR
Increased
29%
46%
31%
46%
52%
44%
50%
NR
NR
NR
7%
Delinquency Rate, Change from Previous Year (%)
n=
n=
No Change
23%
21%
16%
24%
35%
34
26
26
27
25
25
27
Decreased
12%
23%
27%
4%
12%
8%
7%
Increased
26%
31%
19%
41%
40%
48%
No Change
62%
46%
54%
56%
48%
44%
33
26
25
28
24
25
Decreased
15%
12%
20%
11%
8%
4%
4%
0%
13%
5%
Increased
12%
35%
16%
32%
50%
48%
35%
34%
33%
48%
No Change
73%
54%
64%
57%
42%
48%
62%
66%
54%
48%
Number of Loans/Investments in Workout (%)
Number of Loans Given Term Extensions (%)
21% n=
n=
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
NR 28
NR
NR
24
22
14%
8%
0%
44%
36%
42%
45%
48%
50%
50%
55%
26
29
24
21
39
Table IV. Results by Region Outlook IV A. All Midwest CDFIs Expected Demand for Financing(%)
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4 22
34
28
27
28
25
25
26
27
23
Decrease
3%
4%
7%
0%
0%
4%
4%
7%
0%
9%
Increase
71%
71%
67%
75%
84%
80%
58%
70%
83%
91%
No Change
26%
25%
26%
25%
16%
16%
38%
22%
17%
0%
31
26
24
26
24
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= $
$ 11.4
Projected Average Capital Needed Next Year (MM) n=
Deteriorate
$
380
$ 14.6
23
$
429
$ 17.2
623
$
244
NR
NR
NR
NR
NR
$ 23.1
$
9.8
NR
NR
NR
NR
NR
15
17
NR
NR
NR
NR
NR
NR
53
$
76
$
41
$100.0
NR
NR
NR
NR
NR
NR
$
1.7
$
2.9
$
1.7
$3.7
NR
27
28
25
25
26
29
23
22
32
15
$
$
n=
Projected Total Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
352
27
NR
NR
NR
NR
NR
3%
4%
7%
14%
20%
48%
46%
45%
61%
45%
Improve
34%
48%
48%
39%
52%
28%
15%
24%
17%
27%
No Change
63%
48%
44%
46%
28%
24%
38%
31%
22%
27%
27
NR
NR
39
30
27
25
25
25
22
0-90 days
Days Cash on Hand (%)
18%
10%
7%
11%
20%
16%
16%
41%
NR
NR
91-180 days
21%
33%
33%
33%
20%
32%
24%
23%
NR
NR
n=
181-365 days
28%
27%
22%
19%
28%
28%
16%
23%
NR
NR
greater than 365
33%
30%
37%
37%
32%
24%
44%
14%
NR
NR
33
28
26
28
25
24
26
28
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
23
21
94%
89%
77%
71%
76%
63%
65%
75%
65%
62%
6%
11%
23%
29%
24%
38%
35%
25%
35%
38%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
40
Table IV. Results by Region Demand, Originations and Capital IV B. All Northeast CDFIs Number of Financing Applications Received (%)
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
32
31
34
34
26
30
33
35
29
35
Decreased
44%
23%
44%
24%
31%
37%
21%
29%
21%
26%
Increased
34%
52%
38%
56%
42%
27%
45%
37%
52%
57%
No Change
22%
26%
18%
21%
27%
37%
33%
34%
28%
17%
32
31
33
33
26
28
33
NR
NR
NR
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
28%
23%
42%
45%
42%
29%
24%
NR
NR
NR
Increased
56%
58%
48%
30%
38%
54%
58%
NR
NR
NR
No Change
16%
19%
9%
24%
19%
18%
18%
NR
NR
NR
32
31
34
34
26
30
33
35
30
34
Decreased
Number of Loans/Investments Originated (%)
41%
23%
47%
26%
38%
37%
30%
26%
40%
38%
Increased
50%
55%
35%
44%
38%
37%
45%
37%
37%
41%
No Change
9%
23%
18%
29%
23%
27%
24%
37%
23%
21%
32
31
34
34
26
30
33
NR
NR
NR
34%
39%
53%
47%
38%
33%
36%
NR
NR
NR
50%
52%
41%
32%
46%
50%
33%
NR
NR
NR
16%
10%
6%
21%
15%
17%
30%
26
29
27
30
22
25
26
31
24
25
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
Increased No Change Ability to Access Capital (%)
n=
NR
NR
NR
Decreased
15%
7%
7%
10%
0%
8%
23%
32%
42%
56%
Increased
27%
31%
37%
23%
18%
32%
23%
16%
17%
16%
No Change
58%
62%
56%
67%
82%
60%
54%
52%
42%
28%
26
29
29
29
24
24
26
NR
NR
NR
12%
10%
3%
10%
13%
29%
31%
NR
NR
NR
31%
45%
66%
45%
42%
33%
23%
NR
NR
NR
58%
45%
31%
45%
46%
38%
46%
32
30
34
34
25
30
33
36
30
35
Decreased
22%
17%
12%
29%
24%
20%
21%
47%
57%
60%
Increased
44%
50%
53%
35%
28%
47%
33%
22%
13%
23%
No Change
34%
33%
35%
35%
48%
33%
45%
31%
30%
17%
32
31
34
34
26
30
33
NR
NR
NR
Decreased
19%
26%
12%
29%
31%
33%
27%
NR
NR
NR
Increased
44%
48%
65%
44%
35%
43%
27%
NR
NR
NR
No Change
38%
26%
24%
26%
35%
23%
45%
NR
NR
32
30
34
32
26
28
31
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
Increased No Change Capital Liquidity (%)
Capital Liquidity, Change Over Previous Year(%)
Capital-Constrained (%)
n=
n=
n=
NR
36
NR
NR
NR
30
35
Both
9%
7%
9%
9%
15%
25%
29%
25%
27%
31%
Debt
3%
0%
0%
0%
0%
7%
16%
14%
23%
20%
13%
7%
9%
19%
8%
18%
6%
19%
13%
11%
75%
87%
82%
72%
77%
50%
48%
42%
37%
37%
6
4
4
5
26
NR
NR
NR
NR
NR NR
Equity Neither Capital Shortfall During the Quarter
n=
Total Capital Shortfall During the Quarter ($ MM)
$ 16.6
$
8.3
$
5.8
$
8.4
$
9.5
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
$
2.1
$
1.4
$
1.7
$
0.4
NR
NR
NR
NR
NR 34
Average Cost of Borrowed Capital
2.8 32
31
34
34
25
30
31
35
30
Decreased
19%
23%
18%
21%
20%
20%
10%
20%
23%
9%
Increased
9%
13%
15%
21%
8%
17%
13%
20%
17%
21%
No Change
72%
65%
68%
59%
72%
63%
77%
60%
60%
71%
n=
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
41
Table IV. Results by Region Portfolio Quality 11Q1
IV B. All Northeast CDFIs Average Loan Loss Reserve (%)
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
31
29
31
29
23
25
NR
NR
NR
NR
11.2%
13.9%
8.9%
8.7%
7.7%
9.4%
NR
NR
NR
NR
31
29
31
29
23
25
30
30
26
28
31-60 days
4.3%
2.3%
3.5%
4.0%
2.8%
2.2%
3.4%
3.7%
3.9%
2.9%
61-90 days
1.6%
0.7%
2.0%
1.6%
1.9%
1.4%
1.3%
1.8%
1.7%
1.8%
90+ days
5.3%
8.0%
4.9%
5.0%
3.8%
4.2%
5.2%
5.5%
6.3%
7.3%
11.2%
11.0%
10.4%
10.6%
8.5%
7.7%
9.9%
10.9%
11.9%
12.0%
30
25
25
27
18
NR
NR
NR
NR
NR
14.2%
0.7%
0.6%
0.3%
0.3%
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
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=
30
25
25
27
18
7.3%
8.4%
9.4%
3.8%
2.6%
NR -
31
29
31
29
23
25
30
30
26
28
0.4%
0.7%
1.2%
1.0%
0.5%
0.6%
0.8%
1.7%
0.6%
1.0%
30
31
32
34
24
30
33
36
30
34
Decreased
17%
26%
25%
26%
21%
13%
12%
11%
10%
18%
Increased
27%
16%
34%
24%
25%
33%
39%
36%
47%
50%
No Change
57%
58%
41%
50%
54%
53%
48%
53%
43%
32%
29
31
32
34
26
30
33
36
30
34
Decreased
Delinquency Rate (%)
34%
39%
38%
26%
46%
30%
15%
39%
17%
21%
Increased
34%
23%
47%
29%
27%
40%
42%
28%
33%
50%
No Change
31%
39%
16%
44%
27%
30%
42%
33%
50%
29%
29
31
31
33
26
30
33
NR
NR
NR
Decreased
45%
48%
39%
42%
38%
30%
39%
NR
NR
NR
Increased
38%
23%
48%
36%
42%
37%
33%
NR
NR
NR
17%
29%
13%
21%
19%
33%
27%
30
30
31
34
26
30
33
Decreased
13%
30%
19%
18%
15%
3%
3%
Increased
23%
23%
16%
29%
42%
53%
No Change
63%
47%
65%
53%
42%
43%
28
30
31
33
26
30
Delinquency Rate, Change from Previous Year (%)
n=
n=
No Change Number of Loans/Investments in Workout (%)
Number of Loans Given Term Extensions (%)
n=
n=
NR 35
NR
NR
30
35
11%
7%
6%
39%
51%
37%
63%
58%
37%
57%
31%
33
35
30
35
Decreased
4%
20%
23%
21%
19%
7%
9%
6%
3%
3%
Increased
21%
20%
16%
21%
23%
27%
18%
46%
40%
49%
No Change
75%
60%
61%
58%
58%
67%
73%
49%
57%
49%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
42
Table IV. Results by Region Outlook IV B. All Northeast CDFIs Expected Demand for Financing(%)
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
33
35
30
30
34
26
25
26
27
23
Decrease
7%
0%
15%
6%
0%
4%
4%
7%
0%
3%
Increase
70%
63%
48%
50%
65%
80%
58%
70%
83%
77%
No Change
23%
37%
36%
44%
35%
16%
38%
22%
17%
20%
27
27
30
31
20
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= $
$ 14.0
Projected Average Capital Needed Next Year (MM) n=
Deteriorate
$
447
$ 16.0
19
n=
Projected Total Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
407
112
$
81
$
4.1
$
3.0 31
336
$ 11.2
13
$
30
$
$
464
$
58
NR
NR
NR
NR
NR
$ 14.1
$
2.2
NR
NR
NR
NR
NR
16
23
-
NR
NR
NR
NR
NR
$ 81.4
$110.9
$
-
NR
NR
NR
NR
NR
2.9
$3.3
$
-
32
34
$
26
NR
NR
NR
NR
NR
25
26
29
23
34
0%
10%
3%
3%
4%
48%
46%
45%
61%
59%
Improve
40%
29%
28%
24%
38%
28%
15%
24%
17%
15%
No Change
60%
61%
69%
74%
58%
24%
38%
31%
22%
26%
33
NR
NR
32
30
33
24
25
25
22
0-90 days
Days Cash on Hand (%)
13%
13%
6%
21%
21%
16%
16%
41%
NR
NR
91-180 days
28%
30%
30%
24%
29%
32%
24%
23%
NR
NR
n=
181-365 days
31%
27%
36%
24%
33%
28%
16%
23%
NR
NR
greater than 365
28%
30%
27%
30%
17%
24%
44%
14%
NR
NR
29
31
33
31
25
24
26
28
90%
94%
91%
77%
80%
63%
65%
75%
65%
57%
10%
6%
9%
23%
20%
38%
35%
25%
35%
43%
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
23
35
43
Table IV. Results by Region Demand, Originations and Capital IV C. All South CDFIs Number of Financing Applications Received (%)
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3 43
09Q2
09Q1
08Q4
45
34
30
33
37
35
38
34
30
Decreased
42%
38%
23%
21%
24%
23%
9%
16%
21%
10%
Increased
40%
41%
53%
58%
49%
34%
51%
50%
47%
60%
No Change
18%
21%
23%
21%
27%
43%
40%
34%
32%
30%
45
33
30
33
37
35
42
NR
NR
NR
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
38%
27%
37%
27%
22%
23%
17%
NR
NR
NR
Increased
42%
61%
43%
61%
57%
49%
57%
NR
NR
NR
No Change
20%
12%
20%
12%
22%
29%
26%
NR
NR
NR
45
34
30
33
37
35
42
38
34
30
Decreased
Number of Loans/Investments Originated (%)
49%
26%
30%
21%
35%
23%
19%
16%
26%
20%
Increased
33%
59%
50%
45%
30%
31%
45%
55%
29%
57%
No Change
18%
15%
20%
33%
35%
46%
36%
29%
44%
23%
45
33
30
33
37
35
42
NR
NR
NR
40%
45%
50%
30%
35%
26%
19%
NR
NR
NR
47%
45%
43%
58%
35%
43%
45%
NR
NR
NR
9%
7%
12%
30%
31%
36%
32
26
30
28
23
32
32
25
25 36%
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
Increased No Change Ability to Access Capital (%)
13% 39
n=
NR
NR
NR
Decreased
10%
3%
12%
13%
18%
17%
25%
38%
32%
Increased
26%
28%
38%
23%
29%
26%
31%
19%
32%
8%
No Change
64%
69%
50%
63%
54%
57%
44%
44%
36%
56%
40
32
27
29
31
26
33
NR
NR
NR
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
10%
9%
7%
21%
23%
15%
33%
NR
NR
NR
43%
50%
48%
52%
29%
46%
30%
NR
NR
NR
48%
41%
44%
28%
48%
38%
36%
44
34
30
33
37
35
43
38
34
31
Decreased
30%
26%
30%
39%
24%
26%
28%
34%
29%
32%
Increased
32%
35%
47%
27%
32%
31%
30%
24%
32%
26%
No Change
39%
38%
23%
33%
43%
43%
42%
42%
38%
42%
44
33
30
33
37
35
40
NR
NR
NR
Decreased
27%
30%
43%
33%
30%
40%
35%
NR
NR
NR
Increased
48%
58%
47%
33%
32%
37%
23%
NR
NR
NR
No Change
25%
12%
10%
33%
38%
23%
43%
NR
NR
44
34
30
33
37
35
42
Both
16%
15%
20%
24%
24%
26%
Debt
9%
9%
13%
3%
5%
17%
14%
9%
7%
12%
16%
20%
61%
68%
60%
61%
54%
12
9
9
9
8
Increased No Change Capital Liquidity (%)
Capital Liquidity, Change Over Previous Year(%)
Capital-Constrained (%)
n=
n=
n=
Equity Neither Capital Shortfall During the Quarter
n=
NR
NR
NR
NR
38
34
31
29%
26%
32%
19%
10%
13%
12%
13%
19%
18%
9%
16%
37%
43%
42%
47%
52%
NR
NR
NR
NR
NR NR
Total Capital Shortfall During the Quarter ($ MM)
$ 111.9
$ 19.8
$ 17.5
$ 25.3
$ 11.6
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
$
$
$
$
0.4
NR
NR
NR
NR
NR
Average Cost of Borrowed Capital
n=
7.5 43
2.0 34
1.7
2.5
29
30
36
34
42
38
34
31 23%
Decreased
16%
6%
14%
13%
11%
18%
14%
21%
15%
Increased
7%
18%
10%
20%
8%
9%
10%
13%
12%
6%
No Change
77%
76%
76%
67%
81%
74%
76%
66%
74%
71%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
44
Table IV. Results by Region Portfolio Quality 11Q1
IV C. All South CDFIs Average Loan Loss Reserve (%)
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
38
28
23
24
31
32
NR
NR
NR
NR
8.9%
10.4%
10.3%
9.7%
8.8%
7.1%
NR
NR
NR
NR
38
28
23
24
31
32
34
28
30
26
31-60 days
2.0%
1.6%
1.5%
3.5%
2.6%
2.5%
2.6%
2.4%
2.3%
2.8%
61-90 days
0.7%
0.8%
0.6%
2.1%
2.7%
1.4%
1.5%
1.5%
1.5%
2.2%
90+ days
3.7%
4.2%
6.9%
6.1%
6.5%
4.5%
7.0%
9.4%
5.2%
9.9%
6.3%
6.6%
9.1%
11.7%
11.8%
8.4%
11.0%
13.2%
8.9%
15.0%
38
21
16
20
23
NR
NR
NR
NR
NR
1.1%
1.7%
0.9%
1.3%
0.6%
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
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=
38
21
16
20
23
4.0%
4.8%
4.7%
4.6%
3.4%
NR -
38
28
23
24
31
32
34
28
30
26
0.6%
1.0%
0.6%
0.9%
0.8%
1.7%
0.6%
0.6%
0.4%
1.7%
41
34
29
33
37
35
43
38
34
31
Decreased
32%
21%
31%
18%
11%
26%
14%
13%
12%
6%
Increased
39%
32%
41%
45%
46%
29%
44%
42%
50%
52%
No Change
29%
47%
28%
36%
43%
46%
42%
45%
38%
42% 31
41
34
28
33
37
34
43
37
34
Decreased
Delinquency Rate (%)
41%
44%
36%
33%
32%
35%
19%
24%
15%
0%
Increased
17%
24%
29%
27%
35%
35%
33%
38%
29%
48%
No Change
41%
32%
36%
39%
32%
29%
49%
38%
56%
52%
41
33
27
33
37
35
42
NR
NR
NR
Decreased
44%
55%
41%
42%
22%
23%
19%
NR
NR
NR
Increased
32%
33%
41%
36%
46%
60%
50%
NR
NR
NR
24%
12%
19%
21%
32%
17%
31%
41
32
28
32
37
34
43
Decreased
10%
16%
21%
6%
14%
9%
Increased
22%
41%
21%
38%
30%
No Change
68%
44%
57%
56%
57%
41
34
29
33
Delinquency Rate, Change from Previous Year (%)
n=
n=
No Change Number of Loans/Investments in Workout (%)
Number of Loans Given Term Extensions (%)
n=
n=
NR
NR
NR
38
34
30
12%
8%
9%
10%
41%
42%
47%
41%
63%
50%
47%
45%
50%
27%
37
34
43
38
34
31
Decreased
7%
9%
28%
24%
14%
12%
5%
11%
9%
6%
Increased
15%
35%
21%
24%
22%
35%
40%
45%
35%
55%
No Change
78%
56%
52%
52%
65%
53%
56%
45%
56%
39%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
45
Table IV. Results by Region Outlook IV C. All South CDFIs Expected Demand for Financing(%)
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4 30
41
34
29
32
36
25
26
27
23
Decrease
2%
6%
7%
0%
3%
4%
4%
7%
0%
7%
Increase
68%
68%
72%
78%
64%
80%
58%
70%
83%
83%
No Change
29%
26%
21%
22%
33%
16%
38%
22%
17%
10%
38
31
25
28
28
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= $
$ 22.6
n=
600
$ 19.4
30
$
501
$ 20.0
565
$
105
NR
NR
NR
NR
NR
$ 17.1
$
2.9
NR
NR
NR
NR
NR
20
22
NR
NR
NR
NR
NR
NR
156
$ 165.7
$198.0
NR
NR
NR
NR
NR
NR
$ 10.7
$
5.2
$
41
25
$
$
$
Projected Average Capital Needed Next Year (MM)
$
384
n=
Projected Total Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
859
34
6.6
$6.0
NR
29
33
37
NR
NR
NR
NR
NR
25
26
29
23
30
Deteriorate
12%
6%
3%
12%
5%
48%
46%
45%
61%
30%
Improve
51%
56%
41%
45%
38%
28%
15%
24%
17%
37%
No Change
37%
38%
55%
42%
57%
24%
38%
31%
22%
33%
43
33
30
32
36
25
25
22
NR
NR
7%
9%
7%
13%
11%
16%
16%
41%
NR
NR
28%
18%
27%
22%
39%
32%
24%
23%
NR
NR
Days Cash on Hand (%)
n=
0-90 days 91-180 days 181-365 days
35%
33%
23%
22%
31%
28%
16%
23%
NR
NR
greater than 365
30%
39%
43%
44%
19%
24%
44%
14%
NR
NR
41
34
29
33
36
24
26
28
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
23
30
85%
79%
86%
76%
81%
63%
65%
75%
65%
63%
15%
21%
14%
24%
19%
38%
35%
25%
35%
37%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
46
Table IV. Results by Region Demand, Originations and Capital IV D. All West CDFIs Number of Financing Applications Received (%)
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1 22
08Q4
35
22
30
29
18
30
25
25
Decreased
29%
50%
30%
28%
17%
33%
28%
12%
9%
21%
Increased
43%
27%
37%
48%
56%
60%
60%
84%
82%
69%
No Change
29%
23%
33%
24%
28%
7%
12%
4%
9%
10%
35
22
30
27
17
29
25
Number of Financing Applications Received, Change Over Previous Year(%) Decreased
n=
n=
NR
29
NR
NR
37%
27%
37%
37%
12%
24%
32%
NR
NR
NR
Increased
46%
59%
40%
37%
71%
69%
52%
NR
NR
NR
No Change
17%
14%
23%
26%
18%
7%
16%
NR
NR
NR
35
22
30
29
18
30
25
26
23
30
Decreased
Number of Loans/Investments Originated (%)
37%
41%
37%
28%
39%
33%
28%
12%
30%
30%
Increased
29%
45%
30%
48%
44%
47%
44%
58%
39%
43%
No Change
34%
14%
33%
24%
17%
20%
28%
31%
30%
27%
35
22
30
29
17
29
25
NR
NR
NR
37%
36%
27%
41%
24%
31%
40%
NR
NR
NR
51%
41%
43%
38%
59%
55%
32%
NR
NR
NR
11%
23%
30%
21%
18%
14%
28%
27
18
26
23
12
25
16
17
16
23
38%
35%
50%
48%
Number of Loans/Investments Originated, Change Over Previous Year (%) Decreased
n=
n=
Increased No Change Ability to Access Capital (%)
n=
NR
NR
NR
Decreased
22%
6%
12%
22%
8%
36%
Increased
26%
33%
54%
17%
42%
12%
6%
18%
19%
22%
No Change
52%
61%
35%
61%
50%
52%
56%
47%
31%
30%
28
19
26
25
14
21
18
NR
NR
NR
14%
21%
15%
24%
14%
29%
28%
NR
NR
NR
46%
58%
54%
32%
36%
14%
17%
NR
NR
NR
39%
21%
31%
44%
50%
57%
56%
34
21
29
28
18
30
25
26
23
30
Decreased
29%
38%
21%
29%
17%
23%
28%
42%
30%
40%
Increased
21%
38%
48%
25%
50%
37%
28%
15%
35%
30%
No Change
50%
24%
31%
46%
33%
40%
44%
42%
35%
30%
33
21
28
28
17
30
25
NR
NR
NR
Decreased
24%
24%
21%
25%
29%
27%
40%
NR
NR
NR
Increased
52%
48%
54%
39%
41%
33%
28%
NR
NR
NR
No Change
24%
29%
25%
36%
29%
40%
32%
NR
NR
35
22
30
29
17
30
25
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
Increased No Change Capital Liquidity (%)
Capital Liquidity, Change Over Previous Year(%)
Capital-Constrained (%)
n=
n=
n=
NR
NR
NR
NR
26
23
30
Both
17%
5%
13%
14%
0%
7%
16%
12%
13%
27%
Debt
3%
0%
3%
7%
6%
10%
8%
19%
17%
17%
Equity
6%
0%
3%
3%
0%
23%
12%
15%
13%
7%
74%
95%
80%
76%
94%
60%
64%
54%
57%
50%
7
1
5
3
-
NR
NR
NR
NR
NR NR
Neither Capital Shortfall During the Quarter
n=
Total Capital Shortfall During the Quarter ($ MM)
$ 10.2
$
2.0
$
2.7
$
3.1
$
-
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
$
2.0
$
0.4
$
0.6
$
-
NR
NR
NR
NR
NR
18
29
23
26
22
29
Average Cost of Borrowed Capital
n=
1.3 34
22
30
29
Decreased
12%
5%
7%
7%
11%
21%
0%
12%
14%
7%
Increased
21%
9%
7%
3%
17%
10%
0%
12%
9%
17%
No Change
68%
86%
87%
90%
72%
69%
100%
77%
77%
76%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
47
Table IV. Results by Region Portfolio Quality 11Q1
IV D. All West CDFIs Average Loan Loss Reserve (%)
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
29
18
28
22
14
25
NR
NR
NR
NR
7.0%
6.4%
7.7%
13.8%
9.6%
9.2%
NR
NR
NR
NR
29
18
28
22
14
25
20
22
20
24
31-60 days
1.4%
1.7%
2.2%
1.9%
1.4%
3.4%
2.0%
2.2%
1.5%
2.5%
61-90 days
1.1%
1.0%
1.0%
1.4%
1.5%
1.5%
1.2%
0.7%
2.1%
0.7%
90+ days
3.2%
2.2%
3.2%
1.6%
3.1%
3.4%
2.8%
4.0%
3.9%
4.0%
5.7%
4.8%
6.4%
4.8%
5.9%
8.3%
6.0%
7.0%
7.5%
7.2%
29
16
25
21
11
NR
NR
NR
NR
NR
1.3%
1.9%
1.9%
3.5%
0.5%
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
NR
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=
29
16
25
21
11
4.9%
11.2%
7.3%
5.9%
5.2%
NR -
29
18
28
22
14
25
20
22
20
24
0.4%
0.6%
0.4%
0.8%
0.7%
1.2%
1.1%
0.4%
0.5%
2.6%
31
20
28
28
18
28
24
25
22
29
Decreased
26%
25%
29%
29%
11%
14%
13%
16%
5%
3%
Increased
45%
35%
36%
25%
44%
43%
58%
32%
50%
45%
No Change
29%
40%
36%
46%
44%
43%
29%
52%
45%
52% 29
33
21
28
29
18
29
24
25
22
Decreased
Delinquency Rate (%)
52%
43%
32%
28%
17%
24%
29%
32%
23%
3%
Increased
24%
43%
32%
31%
44%
41%
46%
16%
50%
66%
No Change
24%
14%
36%
41%
39%
34%
25%
52%
27%
31%
32
21
28
29
16
29
24
NR
NR
NR
Decreased
63%
38%
36%
41%
31%
14%
13%
NR
NR
NR
Increased
22%
38%
32%
34%
50%
72%
54%
NR
NR
NR
16%
24%
32%
24%
19%
14%
33%
32
22
27
28
18
30
25
26
Decreased
25%
23%
15%
7%
6%
7%
8%
8%
13%
0%
Increased
19%
27%
22%
32%
44%
60%
40%
46%
43%
47%
No Change
56%
50%
63%
61%
50%
33%
52%
46%
43%
53%
32
21
27
29
17
29
24
25
22
29
Delinquency Rate, Change from Previous Year (%)
n=
n=
No Change Number of Loans/Investments in Workout (%)
Number of Loans Given Term Extensions (%)
n=
n=
NR
NR
NR
23
30
Decreased
9%
10%
4%
14%
24%
7%
8%
8%
0%
0%
Increased
22%
19%
22%
21%
41%
59%
33%
56%
41%
52%
No Change
69%
71%
74%
66%
35%
34%
58%
36%
59%
48%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
48
Table IV. Results by Region Outlook IV D. All West CDFIs Expected Demand for Financing(%)
11Q1
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
08Q4
18
30
34
22
30
29
25
26
27
23
Decrease
3%
0%
0%
0%
11%
4%
4%
7%
0%
3%
Increase
59%
64%
57%
59%
83%
80%
58%
70%
83%
83%
No Change
38%
36%
43%
41%
6%
16%
38%
22%
17%
13%
29
20
24
24
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=
n= $
$ 14.0
Projected Average Capital Needed Next Year (MM) n=
Deteriorate
$
334
$
223
$
318
$
49
NR
NR
NR
NR
NR
$ 16.7
$
8.6
$ 11.8
$
2.9
NR
NR
NR
NR
NR
18
n=
Projected Total Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
421
12
$
99
$
61
$
3.2
$
3.0
34
21
17
17
NR
NR
NR
NR
NR
NR
$ 53.1
$89.8
NR
NR
NR
NR
NR
NR
$
2.0
$3.3
NR
30
29
18
25
NR
26
NR
29
NR
23
NR
29
NR
6%
10%
3%
7%
17%
48%
46%
45%
61%
45%
Improve
41%
38%
37%
38%
39%
28%
15%
24%
17%
21%
No Change
53%
52%
60%
55%
44%
24%
38%
31%
22%
34%
28
NR
NR
32
21
29
18
25
25
22
0-90 days
Days Cash on Hand (%)
13%
10%
21%
7%
11%
16%
16%
41%
NR
NR
91-180 days
22%
14%
28%
25%
17%
32%
24%
23%
NR
NR
n=
181-365 days
28%
33%
17%
32%
67%
28%
16%
23%
NR
NR
greater than 365
38%
43%
34%
36%
6%
24%
44%
14%
NR
NR
32
21
29
28
24
26
28
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
18
23
27
91%
90%
90%
86%
78%
63%
65%
75%
65%
70%
9%
10%
10%
14%
22%
38%
35%
25%
35%
30%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
49
Table V: Trend Analysis All Summary V. Results for Trend Respondents
11Q1
All Type
52 n=
Banks
0%
Credit Unions
2%
Loan Funds
94%
Venture Funds Financing Sector
52
4% n=
Business
52 33%
Commercial Real Estate
2%
Community Services
10%
Consumer
2%
Housing to Individuals
10%
Housing to Organizations
31%
Intermediary
0%
Microenterprise
10%
Multiple/Other
4%
Urban/Rural Market
n=
52
Equally Rural/Urban
21%
Primarily Rural
25%
Primarily Urban
54%
Region
n=
52
Midwest
23%
Northeast
27%
South*
33%
West
17%
Asset Size
n=
51
Assets > $50MM
41%
Assets between $10-50MM
29%
Assets < $10MM
29%
* Includes Puerto Rico.
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
50
Table V: Trend Analysis Demand, Originations and Capital V. Results for Trend Respondents Number of Financing Applications Received (%)
11Q1
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
52
52
52
52
52
52
52
50
50
Decreased
38%
38%
35%
17%
17%
35%
23%
18%
20%
Increased
40%
40%
35%
62%
48%
31%
50%
56%
60%
No Change
21%
21%
31%
21%
35%
35%
27%
26%
20%
52
52
51
50
52
50
51
NR
NR
Number of Financing Applications Received, Change from Previous Year (%) Decreased
n=
10Q4
n=
35%
31%
37%
26%
17%
24%
25%
NR
NR
Increased
40%
60%
41%
44%
54%
50%
57%
NR
NR
No Change
25%
10%
22%
30%
29%
26%
18%
NR
NR
52
52
52
52
52
52
51
52
52
Decreased
Number of Loans/Investments Originated (%)
35%
35%
44%
21%
44%
35%
25%
12%
37%
Increased
52%
56%
33%
50%
31%
37%
49%
60%
38%
No Change
13%
10%
23%
29%
25%
29%
25%
29%
25%
52
52
52
52
52
52
51
NR
NR
27%
42%
40%
35%
38%
35%
41%
NR
NR
62%
46%
37%
46%
40%
46%
35%
NR
NR
12%
12%
23%
19%
21%
19%
24%
44
50
44
46
43
41
45
46
41
Number of Loans/Investments Originated, Change from Previous Year (%) Decreased
n=
n=
Increased No Change Ability to Access Capital (%)
n=
NR
NR
Decreased
18%
8%
5%
7%
7%
20%
13%
26%
32%
Increased
18%
28%
41%
30%
26%
22%
22%
22%
22%
No Change
64%
64%
55%
63%
67%
59%
64%
52%
46%
47
48
48
45
45
45
45
NR
NR
15%
13%
6%
18%
16%
29%
16%
NR
NR
32%
48%
60%
56%
33%
27%
33%
NR
NR
53%
40%
33%
27%
51%
44%
51%
52
50
51
51
52
52
52
51
51
Decreased
27%
30%
24%
35%
25%
27%
27%
37%
37%
Increased
37%
40%
49%
31%
35%
31%
38%
16%
29%
No Change
37%
30%
27%
33%
40%
42%
35%
47%
33%
51
51
51
51
52
52
50
NR
NR
Decreased
31%
31%
27%
29%
37%
33%
34%
NR
NR
Increased
45%
49%
53%
43%
35%
42%
40%
NR
NR
No Change
24%
20%
20%
27%
29%
25%
26%
NR
52
52
52
51
52
52
52
52
52
Both
6%
6%
10%
10%
21%
21%
23%
19%
25%
Debt
4%
4%
6%
6%
4%
13%
15%
17%
21%
15%
10%
8%
20%
13%
25%
19%
13%
10%
75%
81%
77%
65%
62%
40%
42%
50%
44%
11
9
10
10
6
NR
NR
NR
NR
Ability to Access Capital, Change from Previous Year (%) Decreased
n=
Increased No Change Capital Liquidity (%)
Capital Liquidity, Change from Previous Year (%)
Capital-Constrained (%)
n=
n=
n=
Equity Neither Capital Shortfall During the Quarter
n=
NR
NR
NR
Total Capital Shortfall During the Quarter ($ MM)
$
51.1
$
18.5
$
13.7
$
32.0
$
3.2
NR
NR
NR
NR
Average Capital Shortfall During the Quarter ($ MM)
$
4.6
$
2.1
$
1.4
$
3.2
$
0.5
NR
NR
NR
NR
Average Cost of Borrowed Capital
n=
52
51
52
51
51
51
50
52
51
Decreased
12%
14%
10%
16%
14%
24%
14%
19%
10%
Increased
15%
18%
13%
12%
10%
16%
10%
15%
25%
No Change
73%
69%
77%
73%
76%
61%
76%
65%
65%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
51
Table V: Trend Analysis Portfolio Quality V. Results for Trend Respondents Average Loan Loss Reserve (%)
11Q1 n=
10Q4
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1
50
48
49
44
47
50
NR
NR
9.0%
8.5%
8.9%
8.7%
7.8%
7.4%
NR
NR
NR
50
48
49
44
47
50
48
49
48
31-60 days
2.4%
1.9%
2.9%
3.6%
2.5%
2.3%
2.0%
2.9%
3.3%
61-90 days
1.2%
0.8%
0.5%
1.9%
1.8%
1.2%
0.9%
1.7%
2.0%
90+ days
3.9%
3.8%
5.2%
4.7%
4.3%
4.8%
5.3%
5.4%
5.2%
7.6%
6.6%
8.5%
10.3%
8.6%
8.3%
8.2%
10.0%
10.6%
49
41
44
41
40
NR
NR
NR
NR
0.5%
1.3%
1.0%
1.3%
0.5%
NR
NR
NR
NR
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=
NR
49
41
44
41
40
NR
NR
NR
NR
5.9%
9.2%
6.8%
4.2%
4.2%
NR
NR
NR
NR NR
50
48
49
44
47
50
NR
NR
0.4%
1.0%
0.7%
0.6%
0.4%
1.2%
NR
NR
50
50
50
51
52
50
51
NR
51
51
Decreased
24%
26%
44%
22%
19%
22%
18%
22%
16%
Increased
38%
34%
32%
45%
37%
32%
41%
33%
45%
No Change
38%
40%
24%
33%
44%
46%
41%
45%
39%
50
51
50
52
52
51
51
51
51
Decreased
Delinquency Rate (%)
38%
49%
34%
38%
37%
33%
24%
33%
24%
Increased
30%
22%
36%
29%
35%
45%
39%
35%
39%
No Change
32%
29%
30%
33%
29%
22%
37%
31%
37%
50
51
49
52
51
51
50
NR
NR
Decreased
42%
47%
43%
40%
29%
33%
30%
NR
NR
Increased
40%
33%
33%
38%
45%
53%
46%
NR
NR
18%
20%
24%
21%
25%
14%
24%
51
50
50
51
52
52
52
51
51
Decreased
18%
24%
22%
10%
15%
8%
10%
10%
10%
Increased
20%
24%
26%
35%
40%
46%
40%
53%
47%
No Change
63%
52%
52%
55%
44%
46%
50%
37%
43%
50
50
50
52
50
50
51
50
50
Decreased
12%
22%
26%
23%
24%
12%
12%
12%
12%
Increased
20%
26%
18%
25%
24%
40%
25%
34%
38%
No Change
68%
52%
56%
52%
52%
48%
63%
54%
50%
Delinquency Rate, Change from Previous Year (%)
n=
n=
No Change Number of Loans/Investments in Workout (%)
Number of Loans Given Term Extensions (%)
n=
n=
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II - Detailed Tables
NR
NR
52
Table V: Trend Analysis Outlook V. Results for Trend Respondents Expected Demand for Financing(%)
11Q1
10Q3
10Q2
10Q1
09Q4
09Q3
09Q2
09Q1 51
51
52
52
51
52
52
51
50
Decrease
6%
2%
4%
0%
2%
4%
4%
4%
4%
Increase
63%
60%
60%
63%
77%
63%
59%
70%
63%
No Change
31%
38%
37%
37%
21%
33%
37%
26%
33%
49
49
44
51
6
NR
NR
NR
NR
$ 1,269.9
$ 1,221.0
$ 1,096.8
$ 1,235.9
$
3.2
NR
NR
NR
NR
$
25.9
$
24.9
$
24.9
$
24.2
$
0.5
NR
NR
NR
NR
6
NR
NR
NR
NR
$
355.5
$
224.2
$
258.0
$
327.7
$
3.2
NR
NR
NR
NR
$
7.6
$
4.8
$
6.0
$
6.4
$
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=
10Q4
n=
n=
Projected Total Capital Needed Next Year (MM) Projected Average Capital Needed Next Year (MM) Expected Change in Portfolio Quality (%)
n=
Deteriorate
47
47
51
52
43
51
51
0.5
NR
NR
NR
NR
52
52
52
50
50
51
6%
4%
4%
10%
10%
17%
16%
12%
27%
Improve
33%
42%
39%
33%
42%
27%
30%
32%
24%
No Change
61%
54%
57%
58%
48%
56%
54%
56%
49%
44
NR
NR
51
51
51
49
51
50
0-90 days
Days Cash on Hand (#)
n=
12%
14%
10%
16%
16%
14%
7%
NR
NR
91-180 days
22%
24%
22%
27%
25%
20%
34%
NR
NR
181-365 days
25%
31%
33%
27%
35%
36%
30%
NR
NR
greater than 365
41%
31%
35%
31%
24%
30%
30%
NR
NR
50
51
51
51
52
51
46
50
51
88%
92%
88%
73%
83%
78%
76%
76%
73%
12%
8%
12%
27%
17%
22%
24%
24%
27%
Anticipate a Decline in Unrestricted Net Assets in Current FY (%) No Yes
n=
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, 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 151 CDFIs responded to the survey in April and May, 2011. OFN contacted respondents to clarify responses and provide additional data when necessary. Portfolio Quality: We analyze portfolio quality data in two ways. First we analyze the averages per respondent. This methodology weighs each CDFI equally regardless of size. We also analyze the portfolio quality of the respondents as a whole. This analysis, provided in the section titled “Comparison to FDIC-Insured Institutions”, gives greater weight to larger CDFIs and lesser weight to smaller CDFIs. Starting in the fourth quarter of 2010, we revised the format of Table 1) CDFI Industry Portfolio Performance to present the delinquency categories more consistently with the format used by the FDIC by including nonaccruals in the greater than 90 day category. Annualized Quarterly Net Charge-Offs: We annualize the quarterly net charge-off amounts using the FDIC Quarterly Banking Profile moving averages methodology as follows:
For the denominator in each ratio (loans outstanding), the FDIC uses a rolling average based on a maximum of 5 quarters. The averages for each quarter are: 1st Q = average (4thQ previous year, 1stQ); 2nd Q = average (4thQ previous year, 1stQ, 2ndQ); 3rd Q = average (4thQ previous year, 1stQ, 2ndQ, 3rdQ); and 4th Q = average (4thQ previous year, 1stQ, 2ndQ, 3rdQ, 4thQ). For the numerator, sum the dollar amounts from the first quarter through the current quarter. For the first quarter, divide by .25, for the second quarter divide by .5, for the third quarter divide by .75.
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II – Detailed Tables
54
Appendix II. List of CDFIs Participating in the OFN Market Conditions Survey A. All Respondents, 1stQ11
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59
Organization Name
Asset Group
Primary Type of Financing
Access to Capital for Entrepreneurs ACCION New Mexico-Arizona-Colorado ACCION Texas Louisiana ACCION USA, Inc. Alternatives FCU Arizona MultiBank Community Development Corporation Baltimore Community Lending BOC Capital Corp Border Financial Resources Boston Community Capital Brazos Valley CDC, INC Calvert Foundation Century Housing Corporation Chautauqua Opportunities for Development Inc. Chi Ishobak Chicago Community Loan Fund Cincinnati Development Fund Citizen Potawatomi CDC Clearinghouse CDFI Coastal Enterprises, Inc. Colorado Housing Enterprises LLC Columbus Housing Initiative, Inc Community Capital Fund, Inc. Community Capital Resources Community Development Bank,fsb Community First Fund Community Housing Capital Community Investment Corporation Community Plus Federal CU Community Reinvestment Fund, Inc. Community Resource Group Community Trust Federal CU Cook Inlet Lending Center, Inc. Cooperative Business Assistance Corporation Cooperative Fund Corporation for Supportive Housing DC FCU Dorchester Bay Economic Development Corp. Economic and Community Development Institute El Paso Collaborative Enterprise Cascadia Enterprise Community Loan Fund Enterprise Detroit Entrepreneur Works Fund (formerly Community Capital Works) Episcopal Community Federal CU Federation of Appalachian Housing Enterprises, Inc Finance Fund Capital Corporation First Nations Oweesta Corporation First State Community Loan Fund Florida Community Loan Fund Forge, Inc. Fresno CDFI Frontier Housing, Inc. Genesis Community Loan Fund Greater Newark Enterprises Corporation Grow America Fund, Inc HomeSight Homewise, Inc. Hope Enterprise Corporation
Small Medium Medium Medium Large Medium Medium NR Small Large Small Large Large Small Small Medium Large Medium Large Large Small Small Medium NR Large Medium Medium Large Medium Large NR Small Medium Medium Small Large NR Small Small Large Large Large Medium NR Small Medium NR Small Small Medium Small Small Medium Small Small Large Large Large Large
Microenterprise Microenterprise Microenterprise Microenterprise Housing to Individuals Business Housing to Organizations Microenterprise Consumer Housing to Organizations Housing to Individuals Intermediary Housing to Organizations Microenterprise Microenterprise Housing to Organizations Housing to Organizations Business Housing to Organizations Business Microenterprise Housing to Individuals Commercial Real Estate Business Consumer Business Housing to Organizations Commercial Real Estate Consumer Business Community Services/Facilities Consumer Housing to Individuals Business Business Housing to Organizations Business Microenterprise Microenterprise Community Services/Facilities Business Housing to Organizations Housing to Organizations Microenterprise Consumer Housing to Organizations Business Intermediary Business Housing to Organizations Business Microenterprise Housing to Individuals Housing to Organizations Microenterprise Business Housing to Individuals Housing to Individuals Business
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II – Detailed Tables
Region South West South Northeast Northeast West South Northeast West Northeast South South West Northeast Midwest Midwest Midwest South West Northeast West South Northeast Northeast Midwest Northeast South Midwest Midwest Midwest South South West Northeast South Northeast South Northeast Midwest South West South Midwest Northeast West South Midwest West South South South West South Northeast Northeast Northeast West West South
55
Appendix II. List of CDFIs Participating in the OFN Market Conditions Survey A. All Respondents, 1stQ11
60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118
Organization Name
Asset Group
Primary Type of Financing
Housing Assistance Council Howland-Enfield FCU Illinois Facilities Fund (IFF) Impact Loan Fund, Inc. Impact Seven Independent Employers Group FCU Indian Land Capital Company Industrial CU Initiative Foundation Institute for Community Economics/National Housing Trust International Institute Community Development Corporation Isleta Pueblo Housing Authority Kentucky Habitat for Humanity, Inc. Kentucky Highlands Investment Corporation Lake Agassiz Regional Development Corporation Lakota Funds Latino Economic Development Corporation Legacy Redevelopment Corporation Local Initiatives Support Corporation Los Angeles LDC, Inc. Low Income Investment Fund Lowcountry Housing Trust MACED 26+ MEO Business Development Corp. Mercy Loan Fund Metropolitan Economic Development Association Midwest Housing Development Fund, Inc. Midwest Minnesota CDC Mile High Community Loan Fund Mountain BizCapital, Inc. Native American Bank Natural Capital Investment Fund NC Community Development Initiative Capital, Inc. NCALL Research NCB Capital Impact NCP Community Development Federal CU Nebraska Enterprise Fund Nehemiah Community Reinvestment Fund, Inc. Neighborhood Housing Services of Chicago, Inc. Neighborhood Housing Services of New York City Inc Neighborhood Housing Services of Toledo, Inc. Neighborhood Lending Partners of West Florida, Inc. Neighborhood Lending Services, LLC NeighborWorks Capital New Community FCU New Hampshire Community Loan Fund, Inc. New Jersey Community Capital New Mexico Community Capital New Mexico Community Development Loan Fund Inc NHS Lending Inc NiiJii Capital Partners Nonprofits Assistance Fund Northern California Community Loan Fund Northern Economic Initiatives Corporation Northland Foundation Northwest Ohio Development Agency Ogden Reinvestment Corporation Opportunity Fund Opportunity Resource Fund
Large Small Large Small Large Medium Small Large Medium Small Small NR Small Large NR Small Large Small Large Small Large Small Medium Small Medium Small Small Medium Medium Small Large Small Small Small Large Small Small Medium Medium Medium Medium Medium Small Medium Small Large Large Small Medium Small Small Medium Medium Small Large Small Small Medium Small
Housing to Individuals Consumer Community Services/Facilities Business Business Consumer Other Consumer Business Housing to Organizations Microenterprise Housing to Individuals Housing to Organizations Business Business Microenterprise Business Housing to Organizations Housing to Organizations Business Housing to Organizations Housing to Organizations Business Microenterprise Housing to Organizations Business Housing to Organizations Business Housing to Organizations Microenterprise Business Business Housing to Organizations Community Services/Facilities Community Services/Facilities Consumer Intermediary Housing to Organizations Housing to Individuals Housing to Individuals Housing to Individuals Commercial Real Estate Housing to Individuals Housing to Organizations Consumer Other Commercial Real Estate Business Microenterprise Housing to Individuals Business Business Housing to Organizations Microenterprise Business Housing to Individuals Business Microenterprise Housing to Organizations
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II – Detailed Tables
Region South Northeast Midwest Northeast Midwest West Midwest West Midwest South Midwest West South South Midwest Midwest South Midwest Northeast West West South South West West Midwest Midwest Midwest West South West South South South South South Midwest West Midwest Northeast Midwest South Midwest South Northeast Northeast Northeast West West West Midwest Midwest West Midwest Midwest Midwest West West Midwest
56
Appendix II. List of CDFIs Participating in the OFN Market Conditions Survey A. All Respondents, 1stQ11
119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151
Organization Name
Asset Group
Primary Type of Financing
Partners for the Common Good PathStone Enterprise Center, Inc. People Incorporated Financial Services Pyramid Federal CU Rising Tide Community Loan Fund Rural Community Assistance Corporation (RCAC) Rural Electric Economic Development, Inc. San Juan Neighborhood Housing Services Corp. Santa Cruz Community CU Seattle Economic Development Fund Seaway Bank And Trust Company Seedco Financial Services, Inc. Self-Help Ventures Fund South Eastern Development Foundation Southern Mutual Financial Services, Inc. Southwest Georgia United Suntide CU Texas Mezzanine Fund Inc. The Disability Opportunity Fund The Reinvestment Fund Toledo Urban FCU Tulane-Loyola FCU Turtle Mountain CDFI UCEDC Vermont Community Loan Fund WACIF WECO Fund Inc. WESST Western MA Enterprise Fund Wisconsin Women's Business Initiative Corporation Women's Economic Ventures WomenVenture YouthBuild Loan Fund
Medium Small NR Large Small Large Medium NR Large Medium Large Large Large NR Small Small Large Medium Small Large Small Medium NR Small Medium Small Small Small Small Small NR Small Small
Community Services/Facilities Business Business Consumer Microenterprise Housing to Organizations Business Housing to Individuals Consumer Business Community Services/Facilities Business Housing to Individuals Business Housing to Individuals Business Consumer Business Housing to Organizations Community Services/Facilities Business Housing to Individuals Business Microenterprise Housing to Organizations Business Microenterprise Microenterprise Business Business Microenterprise Microenterprise Community Services/Facilities
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II – Detailed Tables
Region South Northeast South West Northeast West Midwest South West West Midwest Northeast South Midwest South South South South Northeast Northeast Midwest South Midwest Northeast Northeast South Midwest West Northeast Midwest West Midwest Northeast
57
Appendix II. List of CDFIs Participating in the OFN Market Conditions Survey B. Trend Sample, 1stQ11 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53
Organization Name Access to Capital for Entrepreneurs ACCION New Mexico-Arizona-Colorado ACCION Texas Louisiana Baltimore Community Lending Boston Community Capital Chicago Community Loan Fund Cincinnati Development Fund Citizen Potawatomi CDC Coastal Enterprises, Inc. Community First Fund Community Investment Corporation Community Reinvestment Fund, Inc. Cooperative Business Assistance Corporation Cooperative Fund Corporation for Supportive Housing Enterprise Cascadia Enterprise Community Loan Fund Federation of Appalachian Housing Enterprises, Inc First State Community Loan Fund Grow America Fund, Inc HomeSight Homewise, Inc. Hope Community Credit Union Howland-Enfield FCU Illinois Facilities Fund (IFF) Indian Land Capital Company Institute for Community Economics/National Housing Trust Kentucky Highlands Investment Corporation Lakota Funds Local Initiatives Support Corporation Low Income Investment Fund Midwest Housing Development Fund, Inc. Mile High Community Loan Fund NCALL Research NCB Capital Impact Nehemiah Community Reinvestment Fund, Inc. Neighborhood Housing Services of Chicago, Inc. NeighborWorks Capital New Hampshire Community Loan Fund Fund, Inc Inc. New Mexico Community Capital Northland Foundation Partners for the Common Good Rising Tide Community Loan Fund Rural Community Assistance Corporation (RCAC) Rural Electric Economic Development, Inc. Seedco Financial Services, Inc. Self-Help S lf H l Ventures V Fund F d Southern Mutual Financial Services, Inc. Texas Mezzanine Fund Inc. Vermont Community Loan Fund Western MA Enterprise Fund Wisconsin Women's Business Initiative Corporation YouthBuild Loan Fund
Asset Group Small Medium Medium Medium Large Medium Large Medium Large Medium Large Large Medium Small Large Large Large Medium Small Large Large Large Large Small Large Small Small Large Small Large Large Small Medium Small Large Medium Medium Medium Large Small Large Medium Small Large Medium Large LLarge Small Medium Medium Small Small Small
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II – Detailed Tables
Primary Type of Financing Microenterprise Microenterprise Microenterprise Housing to Organizations Housing to Organizations Housing to Organizations Housing to Organizations Business Business Business Commercial Real Estate Business Business Business Housing to Organizations Business Housing to Organizations Housing to Organizations Business Business Housing to Individuals Housing to Individuals Business Consumer Community Services/Facilities Other Housing to Organizations Business Microenterprise Housing to Organizations Housing to Organizations Housing to Organizations Housing to Organizations Community Services/Facilities Community Services/Facilities Housing to Organizations Housing to Individuals Housing to Organizations Other Business Business Community Services/Facilities Microenterprise Housing to Organizations Business Business H Housing i to IIndividuals di id l Housing to Individuals Business Housing to Organizations Business Business Community Services/Facilities
Region South West South South Northeast Midwest Midwest South Northeast Northeast Midwest Midwest Northeast South Northeast West South South South Northeast West West South Northeast Midwest Midwest South South Midwest Northeast West Midwest West South South West Midwest South Northeast West Midwest South Northeast West Midwest Northeast S South h South South Northeast Northeast Midwest Northeast
58
Appendix III. Composition of Breakout Samples
Commercial Real Estate
Community Services
Housing to Individuals
Housing to Organizations
Microenterprise
Intermediary
Other
Consumer
Banks Credit Unions Loan Funds Venture Funds
Business
A. Sectoral Composition of Financial Institution Type, 1stQ11
0% 13% 31% 100%
0% 0% 3% 0%
0% 0% 6% 0%
0% 73% 1% 0%
0% 13% 13% 0%
0% 0% 23% 0%
0% 0% 20% 0%
0% 0% 2% 0%
0% 0% 2% 0%
Commercial Real Estate
Community Services
Housing to Individuals
Housing to Organizations
Microenterprise
Intermediary
Other
Consumer
Small Medium Large
Business
B. Sectoral Composition of Asset Size, 1stQ11
25% 26% 28%
0% 5% 5%
5% 3% 13%
9% 5% 13%
11% 16% 13%
14% 32% 23%
32% 13% 0%
3% 0% 3%
2% 0% 3%
Commercial Real Estate
Community Services
Housing to Individuals
Housing to Organizations
Microenterprise
Intermediary
Other
Consumer
Midwest Northeast South West
Business
C. Sectoral Composition of Regions, 1stQ11
38% 28% 31% 20%
3% 6% 2% 0%
5% 6% 11% 0%
5% 6% 7% 17%
10% 6% 18% 14%
15% 19% 22% 23%
18% 25% 7% 23%
3% 0% 2% 3%
3% 3% 0% 0%
Opportunity Finance Network CDFI Market Conditions Report, First Quarter 2011, Report II – Detailed Tables
59
