LOAN DASHBOARD REPORT AIDEA REVOLVING FUND

Transcription

1 LOAN DASHBOARD REPORT AIDEA REVOLVING FUND YEAR TO DATE FISCAL YEAR-TO-DATE LOAN PORTFOLIO ACTIVITY (07/01/ /31/2017 ) 07/01/2016 START DATE LOAN CATEGORY STARTING BALANCE NEW LOANS FUNDED SCHEDULED PAYMENTS LOAN ACTIVITY PAYOFFS & PREPAYMENTS PRINCIPAL PAYMENTS RECEIVED ENDING BALANCE INTEREST RECEIVED EARNINGS BANK FEES INTEREST EARNINGS NET OF FEES $384,036,670 STARTING BALANCE $134,089,231 NEW LOANS FUNDED LOAN PARTICIPATIONS 320,610,464 93,288,202 (12,068,909) (15,607,938) (27,676,847) 386,221,819 11,250,680 (595,600) 10,655,080 BOND SALE LOANS 12,637,962 - (411,222) - (411,222) 12,226, , ,135 SUBTOTAL 333,248,426 93,288,202 (12,480,130) (15,607,938) (28,088,068) 398,448,559 11,757,815 (595,600) 11,162,215 OREO & OTHER LOANS 273,610 - (11,908) - (11,908) 261,702 10,656-10,656 POWER PROJECT LOANS 16,307,479 - (656,055) - (656,055) 15,651, , ,332 DIRECT LOANS 34,207,155 40,801,029 - (38,200,000) (38,200,000) 36,808,184 1,269,115-1,269,115 TOTAL 384,036, ,089,231 (13,148,093) (53,807,938) (66,956,031) 451,169,869 13,395,919 (595,600) 12,800,319 $66,956,031 PRINCIPAL PAYMENTS MONTHLY LOAN PORTFOLIO ACTIVITY (03/01/ /31/2017 ) 03/31/2017 END DATE LOAN CATEGORY STARTING BALANCE NEW LOANS FUNDED* SCHEDULED PAYMENTS LOAN ACTIVITY PAYOFFS & PREPAYMENTS PRINCIPAL PAYMENTS RECEIVED ENDING BALANCE INTEREST RECEIVED EARNINGS BANK FEES INTEREST EARNINGS NET OF FEES $451,169,869 ENDING BALANCE $12,800,319 INTEREST (Net of Fees) LOAN PARTICIPATIONS 377,557,670 10,125,450 (1,433,135) (28,166) (1,461,301) 386,221,819 1,119,849 (59,128) 1,060,721 BOND SALE LOANS 12,272,263 - (45,523) - (45,523) 12,226,740 56,516-56,516 SUBTOTAL 389,829,933 10,125,450 (1,478,658) (28,166) (1,506,824) 398,448,559 1,176,365 (59,128) 1,117,237 OREO & OTHER LOANS 262,859 - (1,157) - (1,157) 261,702 1,100-1,100 POWER PROJECT LOANS 15,651, ,651, DIRECT LOANS 36,808, ,808, , ,917 TOTAL 442,552,400 10,125,450 (1,479,815) (28,166) (1,507,981) 451,169,869 1,448,383 (59,128) 1,389,254

2 REGIONAL DIVERSITY OF PARTICIPATION & DIRECT LOANS OUTSTANDING BALANCES & NEW ACTIVITY REGION LOAN PARTICIPATIONS BALANCE DIRECT LOANS NEW LOANS* IN PROCESS NEW APPLICATIONS IN PROCESS TOTAL ANCHORAGE 200,911,263 4,909,865 6,629, , ,139,252 GULFCOAST 15,388,602 31,898, ,140-47,975,062 INTERIOR 7,532, ,500 6,075,000 14,511,673 MAT-SU 53,698,870-13,265,331-66,964,201 NORTHERN 25,375, ,375,709 SOUTHEAST 89,441,344-13,094, ,536,211 SOUTHWEST 6,100, ,100,598 STATEWIDE TOTAL 398,448,559 36,808,184 34,582,463 6,763, ,602,706 * New Loans include Pending Commitments, Anticipated Fundings, and Outstanding Balance to be Funded on Direct Loans (Does not include OREO or PPF Loans) SOUTHEAST 38% NEW LOANS IN PROCESS SOUTHWEST 0% ANCHORAGE 19% SOUTHEAST 22% OUTSTANDING PARTICIPATIONS SOUTHWEST 2% ANCHORAGE 50% SOUTHEAST 22% COMBINED NEW & OUTSTANDING SOUTHWEST 1% ANCHORAGE 45% NORTHERN 5% NORTHERN 6% GULFCOAST 2% INTERIOR 3% MAT SU 14% MAT SU 38% MAT SU 14% INTERIOR 2% GULFCOAST 4% INTERIOR 3% GULFCOAST 10%

3 INDUSTRY DIVERSITY OF PARTICIPATION & DIRECT LOANS OUTSTANDING BALANCES & NEW ACTIVITY INDUSTRY SECTOR LOAN PARTICIPATIONS DIRECT LOANS BALANCE NEW LOANS* IN PROCESS NEW APPLICATIONS IN PROCESS TOTAL AIRCRAFT 7,627, ,627,294 BUSINESS CONDOMINIUMS 6,878, ,000-7,103,996 CAR WASH 7,687, ,687,271 EQUIPMENT 2,204, ,204,351 FUEL DISTRIBUTION 8,314, ,314,084 HANGAR 10,083, ,083,712 HEALTHCARE 13,532,390 4,909,865 14,345,331-32,787,585 MANUFACTURING 1,919, ,919,259 MARITIME MINING OFFICE 83,131,412-2,295,000-85,426,412 OIL & GAS OIL & GAS SUPPORT 18,671,540 31,898, ,569,859 RECREATION 16,908, ,908,022 RESOURCE EXTRACTION RESTAURANT 4,836, ,836,822 RETAIL 83,831,240-1,017,000-84,848,240 TOURISM 56,662, ,075,000 62,737,961 VESSEL 13,331,846-12,766,007-26,097,853 WAREHOUSE - OFFICE 36,886,258-3,934, ,500 41,508,883 WAREHOUSE - SHOP 13,714, ,714,361 WASTE WATER 12,226, ,226,740 TOTALS 398,448,559 36,808,184 34,582,463 6,763, ,602,706 * New Loans include Pending Commitments, Anticipated Fundings, and Outstanding Balance to be Funded on Direct Loans (Does not include OREO or PPF Loans) OIL & GAS SUPPORT 10.6% OFFICE 17.9% MANUFACTURING 0.5% HEALTHCARE 1.5% RESTAURANT 1.0% RECREATION 3.5% OIL & GAS 0.0% HANGAR 3.5% RETAIL 17.8% FUEL DISTRIBUTION 1.7% EQUIPMENT.4% COMBINED NEW & OUTSTANDING BALANCES TOURISM 13.2% VESSEL 5.5% WAREHOUSE OFFICE 8.7% WAREHOUSE SHOP 2.9% WASTE WATER 2.6% AIRCRAFT.1% BUSINESS CONDOMINIUMS 1.5% CAR WASH 1.6%

4 INDUSTRY DIVERSITY OF CAPACITY PROJECTS OUTSTANDING BALANCES & NEW ACTIVITY INDUSTRY SECTOR EXISTING PROJECTS APPROVED PROJECTS TOTAL AIRCRAFT BUSINESS CONDOMINIUMS CAR WASH EQUIPMENT FUEL DISTRIBUTION 54,000,000-54,000,000 HANGAR HEALTHCARE MANUFACTURING MARITIME 74,247,267-74,247,267 MINING 143,326, ,326,367 WAREHOUSE - OFFICE OIL & GAS 58,368,876 1,603,517 59,972,393 OFFICE 13,587,582-13,587,582 OIL & GAS SUPPORT RECREATION RESOURCE EXTRACTION RESTAURANT RETAIL TOURISM VESSEL WAREHOUSE - SHOP WASTE WATER TOTALS 343,530,092 1,603, ,133,609 MINING 41.5% MARITIME 21.5% COMPLETED AND APPROVED CAPACITY PROJECTS HANGAR 0.0% OIL & GAS 17.4% FUEL DISTRIBUTION 15.6% OFFICE 3.9%

5 INDUSTRY DIVERSITY OF COMBINED CAPACITY PROJECTS and LOANS EXISTING AND APPROVED PROJECTS AND LOANS INDUSTRY SECTOR PROJECTS LOANS TOTAL AIRCRAFT 7,627,294 7,627,294 BUSINESS CONDOMINIUMS 7,103,996 7,103,996 CAR WASH 7,687,271 7,687,271 EQUIPMENT 2,204,351 2,204,351 FUEL DISTRIBUTION 54,000,000 8,314,084 62,314,084 HANGAR 10,083,712 10,083,712 HEALTHCARE 32,787,585 32,787,585 MANUFACTURING 1,919,259 1,919,259 MARITIME 74,247,267 74,247,267 MINING 143,326, ,326,367 OFFICE 13,587,582 85,426,412 99,013,994 OIL & GAS 59,972,393 59,972,393 OIL & GAS SUPPORT 50,569,859 50,569,859 RECREATION 16,908,022 16,908,022 RESOURCE EXTRACTION RESTAURANT 4,836,822 4,836,822 RETAIL 84,848,240 84,848,240 TOURISM 56,662,961 56,662,961 VESSEL 26,097,853 26,097,853 WAREHOUSE OFFICE 40,820,383 40,820,383 WAREHOUSE SHOP 13,714,361 13,714,361 WASTE WATER 12,226,740 12,226,740 TOTALS 345,133, ,839, ,972,815 TOTAL EXISTING AND APPROVED CAPACITY PROJECTS AND LOANS AS OF JANUARY 31, 2017 OIL & GAS SUPPORT 6.2% OFFICE 12.1% MARITIME 9.1% MANUFACTURING 0.2% HEALTHCARE 4.0% MINING 17.6% HANGAR 1.2% OIL & GAS 7.4% FUEL DISTRIBUTION 7.6% CAR WASH 0.9% RECREATION 2.1% RETAIL 10.4% BUSINESS CONDOMINIUMS 0.9% RESTAURANT 0.6% TOURISM 7.0% VESSEL 3.2% WAREHOUSE OFFICE 5.0% WAREHOUSE SHOP 1.7% WASTE WATER 1.5%

6 SUMMARY OF LOAN AND CAPACITY PROJECTS OUTSTANDING BALANCES & AGENDA ITEMS $200,000,000 REVOLVING FUND "LOANS" AND "CAPACITY PROJECTS" AT NBV + APPROVED PROJECTS AND LOANS BY INDUSTRY + FUNDING REQUESTS ON FEBRUARY 23, 2016 AGENDA $180,000,000 $160,000,000 $140,000,000 $120,000,000 $100,000,000 $80,000,000 $60,000,000 Projects on Agenda Loans on Agenda Balance on Approved Projects Balance on Approved Loans Projects Loans $40,000,000 $20,000,000 $0

7 SETS LOANS TOTAL APPROVED & AMOUNTS OUTSTANDING TOTAL FUND ACTIVITY BUSINESS NAME PROJECT DESCRIPTION REGION CITY CODE INDUSTRY PERMANENT JOBS TEMPORARY JOBS AMOUNT OUTSTANDING TOTAL LOAN AMOUNT FAIRBANKS NATURAL GAS LLC (LOC) GAS DISTRIBUTION SYSTEM INTERIOR FAIRBANKS FUELDIST ,806,184 15,000,000 SETS LOANS FUNDED INTERIOR ALASKA NATURAL GAS UTILITY DBA IGU (LOC) DEVELOPMENT OF GAS DISTRIBUTION SYSTEM INTERIOR FAIRBANKS FUELDIST ,689,476 37,780,000 SETS LOANS FUNDED: ,495,660 52,780,000 Loan Amounts Drawn for Construction Total Amounts of SETS Loans Committed Millions m 38 m 15,000, m 15 m 5 37,780,000 FAIRBANKS NATURAL GAS LLC (LOC) INTERIOR ALASKA NATURAL GAS UTILITY DBA IGU (LOC) FAIRBANKS NATURAL GAS LLC (LOC) AMOUNT OUTSTANDING TOTAL LOAN AMOUNT INTERIOR ALASKA NATURAL GAS UTILITY DBA IGU (LOC) Direct Jobs Created or Retained FAIRBANKS NATURAL GAS LLC (LOC) INTERIOR ALASKA NATURAL GAS UTILITY DBA IGU (LOC) PERMANENT JOBS TEMPORARY JOBS

8 AIDEA Loans Funded & Jobs Supported as a Result of Loan Participations 7/1/16-3/31/17 for the 4/27/2017 Board Meeting Applicant Name Originator Total Amount AIDEA Portion Funded Construction Jobs Supported SOUTHEAST FURNITURE WAREHOUSE, INC FIRST BANK $795,000 $636,000 7/6/ ERICKSON INVESTMENTS, LLC FIRST NATIONAL BANK ALASKA $2,700,000 $2,430,000 7/6/ CRESCENT KEY, INC FIRST BANK $4,437,750 $3,993,975 7/20/ HOMER HOLDINGS, LLC NORTHRIM BANK $1,702,500 $1,532,000 7/26/ THE DUANE & EUNICE HEDRICK 2006 TRUST NORTHRIM BANK $848,000 $763,200 7/26/ INGRIM JR, WILLIAM PAUL FIRST NATIONAL BANK ALASKA $521,000 $468,900 8/19/ YUK, JAY & HEE FIRST NATIONAL BANK ALASKA $1,500,000 $1,350,000 8/19/ CITY CENTER WASILLA, LLC FIRST NATIONAL BANK ALASKA $1,200,000 $1,080,000 9/1/ MAGNUM OPUS ENTERPRISES, LLC FIRST NATIONAL BANK ALASKA $678,750 $610,875 9/15/ SENATE PROPERTIES, LLC FIRST BANK $1,882,229 $1,505,783 9/26/ KETCHIKAN BEAR FALLS PROPERTY, LLC NORTHRIM BANK $1,023,266 $920,939 9/30/ KALININ PARTNERS, LLC FIRST NATIONAL BANK ALASKA $7,100,000 $6,390,000 10/5/ DENALI MATERIALS, INC FIRST NATIONAL BANK ALASKA $2,680,206 $2,412,185 10/5/ X'UNA KAAWU ANNEE CORPORATION (XKA) NORTHRIM BANK $25,000,000 $20,000,000 10/20/ DANGER ISLAND, LLC FIRST BANK $604,000 $543,600 10/27/ BP INVESTMENT GROUP LLC FIRST NATIONAL BANK ALASKA $1,500,000 $1,350,000 11/2/ Q105, LLC FIRST NATIONAL BANK ALASKA $300,000 $270,000 11/8/ SANDVENTURE, LLC NORTHRIM BANK $1,181,250 $1,063,125 11/15/ CENTENNIAL PLAZA, LLC ALASKA USA FCU $1,750,000 $1,575,000 11/18/ O'MALLEY ICE AND SPORTS CENTER, LLC NORTHRIM BANK $8,899,800 $7,119,840 11/30/ ALEUTIAN PRIBILOF ISLANDS ASSOCIATION, INC FIRST NATIONAL BANK ALASKA $9,375,000 $8,437,500 12/15/ EKLUTNA 5TH AVENUE PROPERTIES, LLC NORTHRIM BANK $2,600,000 $2,340,000 2/3/ EP HOLDINGS, LLC FIRST NATIONAL BANK ALASKA $1,043,700 $939,330 2/15/ WILLIAMS, INC (R/E) NORTHRIM BANK $1,590,000 $1,431,000 2/21/ WILLIAMS, INC (EQUIP) NORTHRIM BANK $3,210,000 $2,889,000 2/21/ WESTDAHL, LLC NORTHRIM BANK $6,997,500 $6,297,750 2/27/ SKS COMMERCIAL, LLC NORTHRIM BANK $2,400,000 $2,160,000 2/28/ , LLC NORTHRIM BANK $2,947,500 $2,652,750 2/28/ JUNEAU I LLC NORTHRIM BANK $5,600,000 $5,040,000 3/9/ OLD SCHOOL 1925 LLC NORTHRIM BANK $2,370,000 $2,133,000 3/17/ ALPINE DENTAL CENTER, LLC FIRST NATIONAL BANK ALASKA $356,250 $320,625 3/22/ HAE WON INVESTMENT CO LLC FIRST NATIONAL BANK ALASKA $1,124,250 $1,011,825 3/23/ RASPBERRY JEWEL LLC FIRST NATIONAL BANK ALASKA $1,800,000 $1,620,000 3/31/ Permanent Jobs Supported Totals: $107,717,951 $93,288,

9 AIDEA Anticipated Fundings as of : 3/31/2017 Applicant Name Originator AIDEA Portion Anticipated Funding Funding Expiration Date AIDEA Officer GREER HOLDINGS, LLC NORTHRIM BANK $1,829,250 4/10/2017 8/1/17 Leona Hakala DELTA COMMERCIAL PROPERTIES LLC NORTHRIM BANK $904,500 4/14/2017 6/19/17 William S. Phelan HCH, INC FIRST NATIONAL BANK ALASKA $576,000 4/20/2017 4/20/17 William S. Phelan SUPPORT VESSELS OF ALASKA, INC FIRST NATIONAL BANK ALASKA $688,140 4/20/2017 4/20/17 Leona Hakala SPUR DEVELOPMENT, LLC NORTHRIM BANK $3,600,000 4/27/2017 4/27/17 Leona Hakala MERIDIAN PARK MOB, LLC FIRST NATIONAL BANK ALASKA $7,020,000 4/28/2017 4/28/17 Leona Hakala SOUTHSIDE PROPERTIES, LLC FIRST NATIONAL BANK ALASKA $624,375 5/10/2017 7/10/17 William S. Phelan GOLDEN PROPERTIES, INC. NORTHRIM BANK $1,017,000 5/10/2017 8/10/17 William S. Phelan HARREN, R & CHAPELLE, M FIRST NATIONAL BANK ALASKA $2,295,000 7/23/2017 7/23/17 William S. Phelan NEISH INVESTMENTS, LLC NORTHRIM BANK $1,756,086 8/8/2017 8/8/17 William S. Phelan TD INVESTMENTS, LLC NORTHRIM BANK $943,245 8/24/2017 8/24/17 Leona Hakala Grand Total: $21,253,596 4/6/2017 Page 1 of 1

10 AIDEA Pending Applications for Participation as of: 3/31/2017 Applicant Name Date Received AIDEA Portion Total Loan Amount Project Description Originator AIDEA Officer PHILLIP TODD 1/12/17 $688,500 $765,000 REFI COMMERCIAL BUILDING NORTHRIM BANK Leona Hakala FAIRBANKS HOSPITALITY, LLC 3/30/17 $6,075,000 $6,750,000 REFI HOLIDAY INN EXPRESS FAIRBANKS NORTHRIM BANK Leona Hakala Grand Total: $6,763,500 $7,515,000 4/6/2017 Page 1 of 1

11 AIDEA Pending Commitments For Participation as of: Applicant Name Date Received AIDEA Portion Commitment Due 3/31/2017 B a n koriginator L o a n AIDEA Officer NORDVAST FORETAG, LLC 2/10/17 $1,026,000 4/6/17 FIRST NATIONAL BANK ALASKA William S. Phelan HARREN, R & CHAPELLE, M 3/7/17 $225,000 4/6/17 FIRST NATIONAL BANK ALASKA William S. Phelan ALLEN MARINE, INC 11/25/16 $12,077,867 4/14/17 NORTHRIM BANK William S. Phelan Grand Total: $13,328,867 4/6/2017 Page 1 of 1

12 ALASKA INDUSTRIAL DEVELOPMENT AND EXPORT AUTHORITY Delinquencies to Outstandings For Fiscal Year 2017 Historical Delinquency (Total Portfolio) Total $ % of Delinquent Portfolio Loans Delinquent Portfolio Loans Loans to 12-Month FYE Balance Delinquent Loans Balance Delinquent Portfolio Rolling 6/30/2000 $227,615,585 $5,698, % Date $ $ Balance Average 6/30/2001 $208,094,608 $3,249, % 7/31/ ,916, % 0.21% 6/30/2002 $209,974,246 $4,892, % 8/31/ ,488, % 0.17% 6/30/2003 $223,265,696 $12,230, % 9/30/ ,491, , % 0.13% 6/30/2004 $276,365,031 $4,131, % 10/31/ ,028, % 0.09% 6/30/2005 $332,067,524 $888, % 11/30/ ,854,617 7,119, % 0.05% 6/30/2006 $361,467,739 $1,206, % 12/31/ ,563,469 1,660, % 0.08% 6/30/2007 $385,155,721 $4,427, % 1/31/ ,520,340 1,660, % 0.12% 6/30/2008 $381,761,976 $2,490, % 2/29/ ,744,216 1,660, % 0.11% 6/30/2009 $368,208,744 $3,552, % 3/31/ ,361, , % 0.16% 6/30/2010 $377,656,960 $3,365, % 4/30/2017 6/30/2011 $480,691,556 $3,127, % 5/31/2017 6/30/2012 $468,824,508 $516, % 6/30/2017 6/30/2013 $433,091,518 $2,222, % 6/30/2014 $376,034,203 $1,474, % 6/30/2015 $363,529,415 $1,703, % All Alaska Bank Delinquencies 6/30/2016 $349,829,514 $0 0.00% (including nonaccrual) Delinquency FYE Rate 6/30/ % 6/30/ % 6/30/ % 6/30/ % 6/30/ % 6/30/ % 6/30/ % 6/30/ % 6/30/ % * This is the most current information available 6/30/ % through Banking and Securites (as of 3/31/17). 6/30/ % These percentages do not include national banks *12/31/ % such as Wells Fargo and KeyBank. 4/7/2017