Recent development in Congress and the courts have focused attention on the relative roles of commercial banks, thrifts, and credit unions. As concern mounted last year about the state of the thrift deposit insurance fund, Congress required commercial banks to share the burden of recapitalizing...

The banking industry has undergone profound changes during the last decade. The most obvious change has been the large number of bank mergers, which have increased both the average size of banks and the area over which they operate. Other changes may also prove dramatic but are at this point...

Commercial banks in Tenth District states continued to perform well in 1997. Profitability remained high, loan quality improved, and loan growth and deposit growth were both strong. Banks in district states also outperformed banks nationwide by all four performance measures.

Commercial banks in Tenth District states performed well in the first half of 1997. Profitability and loan quality remained high, while loans continued to grow at a healthy pace. The only negative was that deposits grew sluggishly, adding to liquidity pressures. Banks in district states slightly...

This paper investigates the mortgage lending of banks operating in multiple U.S. metropolitan areas during the housing market collapse of 2007-2009. Some metro areas in the U.S. suffered much greater mortgage defaults than others. We use this regional variation to identify whether high mortgage...

One of the most important roles commercial banks perform is to lend to small businesses. Such lending is vital to the regional economy because small businesses generally lack access to alternative sources of credit and because they account for a major share of job creation. Moreover, small...