Our research examines the impact of dwindling community bank numbers on community investment and economic development …) originations. Key factors include the local presence of other community banks and the continuity of the consolidating bank …'s presence. Interestingly, the effect remains neutral in underserved or distressed counties and diminishes when a large bank …

We study the transmission of monetary policy through bank securities portfolios using granular supervisory data on U ….S. bank securities, hedging positions, and corporate credit. Banks that experienced larger losses on their securities during …

monetary policy. The theory unifies an endogenous supply of illiquid local loans and risk-sharing among subsidiaries of bank …

weaker credit markets ex ante and consistent with local bank branches using cheap targeted credit lines to expand lending …

We investigate how communication within banks affects small business lending. Using travel time between a bank … evaluate the impact of within bank communication costs on small business loans. Consistent with Stein's (2002) model of the … transmission of soft information across a bank's hierarchies, we find that reducing headquarters-branch travel time boosts small …

effects from cross-border bank takeovers with those of cross-border lending by banks located overseas, which in most cases …

By comparing uncollateralized business loans made by a big tech lending program with conventional bank loans, we find … far before maturity and borrow more frequently. These patterns remain for borrowers with access to bank credit. Our …