In 2002, Wyoming had 50 insured banks with total assets of $7.5 billion. Twenty-six of those institutions were state-chartered. Wyoming had two insured savings banks in 2002.
The median net interest margin (NIM) (the difference between the lower rates offered to savers and the higher rates charged on loans) increased from 2001 to 2002, although high overhead expenses and lower non-interest income offset that margin. The past-due loan ratio remained below the national average in 2002, but was showing some signs of weakness.
Close to one-fourth of all insured Wyoming banks had high concentrations of commercial real estate (CRE) loans in 2002. Construction and development (C and D) loans contributed significantly to this trend.