District bank loans

Eighth District banking has undergone several sweeping changes in the past decade. One of the more interesting trends is District bankers' increasing reliance on mortgage lending to pay the bills. The composition of the Eighth District loan portfolio has changed radically over the past 10 years...

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Bibliographic Details
Published inThe Regional economist p. 12
Main Authors Stojanovic, Dusan, Vaughan, Mark D
Format Magazine Article
LanguageEnglish
Published St. Louis Federal Reserve Bank of St. Louis 01.07.1998
Subjects
Bank loans
Banking industry
Banks
Borrowing
Commercial banks
Commercial credit
Commercial paper
Commercial real estate
Community banks
Consumer credit
Cost control
Credit risk
Finance companies
Funding
Home loans
Interest rates
Mortgage backed securities
Mortgages
Net losses
Statistical data
United States > US
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Summary:Eighth District banking has undergone several sweeping changes in the past decade. One of the more interesting trends is District bankers' increasing reliance on mortgage lending to pay the bills. The composition of the Eighth District loan portfolio has changed radically over the past 10 years. At year-end 1987, roughly 41% of loans at District institutions were backed by real estate, 25% were made to commercial customers, and 22% went to consumers. By the end of 1997, real estate lending made up 60% of the District portfolio, while commercial loans accounted for 17% and consumer loans 16% Almost all the increase in real estate lending was in home mortgage loans.
ISSN:2572-2131
1932-4707