Senior Loan Officer Opinion Survey on Bank Lending Practices
April 2016

Table 1

Senior Loan Officer Opinion Survey on Bank Lending Practices
at Selected Large Banks in the United States ¹

(Status of policy as of April 2016)

Questions 1-6 ask about commercial and industrial (C&I) loans at your bank. Questions 1-3 deal with changes in your bank's lending policies over the past three months. Questions 4-5 deal with changes in demand for C&I loans over the past three months. Question 6 asks about changes in prospective demand for C&I loans at your bank, as indicated by the volume of recent inquiries about the availability of new credit lines or increases in existing lines. If your bank's lending policies have not changed over the past three months, please report them as unchanged even if the policies are either restrictive or accommodative relative to longer-term norms. If your bank's policies have tightened or eased over the past three months, please so report them regardless of how they stand relative to longer-term norms. Also, please report changes in enforcement of existing policies as changes in policies.

1. Over the past three months, how have your bank's credit standards for approving applications for C&I loans or credit lines—other than those to be used to finance mergers and acquisitions—to large and middle-market firms and to small firms changed? (If your bank defines firm size differently from the categories suggested below, please use your definitions and indicate what they are.)

A. Standards for large and middle-market firms (annual sales of $50 million or more):

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	2	2.9	2	4.8	0	0.0
Tightened somewhat	7	10.1	6	14.3	1	3.7
Remained basically unchanged	59	85.5	33	78.6	26	96.3
Eased somewhat	1	1.4	1	2.4	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	69	100.0	42	100.0	27	100.0

B. Standards for small firms (annual sales of less than $50 million):

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	5	7.2	4	9.8	1	3.6
Remained basically unchanged	63	91.3	36	87.8	27	96.4
Eased somewhat	1	1.4	1	2.4	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	69	100.0	41	100.0	28	100.0

2. For applications for C&I loans or credit lines—other than those to be used to finance mergers and acquisitions—from large and middle-market firms and from small firms that your bank currently is willing to approve, how have the terms of those loans changed over the past three months?

A. Terms for large and middle-market firms (annual sales of $50 million or more):

a. Maximum size of credit lines

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	1	1.4	1	2.4	0	0.0
Tightened somewhat	8	11.6	7	16.7	1	3.7
Remained basically unchanged	54	78.3	30	71.4	24	88.9
Eased somewhat	6	8.7	4	9.5	2	7.4
Eased considerably	0	0.0	0	0.0	0	0.0
Total	69	100.0	42	100.0	27	100.0

b. Maximum maturity of loans or credit lines

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	3	4.3	2	4.8	1	3.7
Remained basically unchanged	62	89.9	38	90.5	24	88.9
Eased somewhat	4	5.8	2	4.8	2	7.4
Eased considerably	0	0.0	0	0.0	0	0.0
Total	69	100.0	42	100.0	27	100.0

c. Costs of credit lines

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	5	7.2	5	11.9	0	0.0
Remained basically unchanged	59	85.5	34	81.0	25	92.6
Eased somewhat	5	7.2	3	7.1	2	7.4
Eased considerably	0	0.0	0	0.0	0	0.0
Total	69	100.0	42	100.0	27	100.0

d. Spreads of loan rates over your bank's cost of funds (wider spreads=tightened, narrower spreads=eased)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	11	15.9	9	21.4	2	7.4
Remained basically unchanged	45	65.2	27	64.3	18	66.7
Eased somewhat	12	17.4	6	14.3	6	22.2
Eased considerably	1	1.4	0	0.0	1	3.7
Total	69	100.0	42	100.0	27	100.0

e. Premiums charged on riskier loans

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	12	17.4	9	21.4	3	11.1
Remained basically unchanged	54	78.3	32	76.2	22	81.5
Eased somewhat	3	4.3	1	2.4	2	7.4
Eased considerably	0	0.0	0	0.0	0	0.0
Total	69	100.0	42	100.0	27	100.0

f. Loan covenants

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	1	1.4	1	2.4	0	0.0
Tightened somewhat	9	13.0	6	14.3	3	11.1
Remained basically unchanged	55	79.7	32	76.2	23	85.2
Eased somewhat	4	5.8	3	7.1	1	3.7
Eased considerably	0	0.0	0	0.0	0	0.0
Total	69	100.0	42	100.0	27	100.0

g. Collateralization requirements

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	6	8.7	5	11.9	1	3.7
Remained basically unchanged	60	87.0	35	83.3	25	92.6
Eased somewhat	3	4.3	2	4.8	1	3.7
Eased considerably	0	0.0	0	0.0	0	0.0
Total	69	100.0	42	100.0	27	100.0

h. Use of interest rate floors (more use=tightened, less use=eased)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	7	10.3	7	17.1	0	0.0
Remained basically unchanged	52	76.5	31	75.6	21	77.8
Eased somewhat	4	5.9	1	2.4	3	11.1
Eased considerably	5	7.4	2	4.9	3	11.1
Total	68	100.0	41	100.0	27	100.0

B. Terms for small firms (annual sales of less than $50 million):

a. Maximum size of credit lines

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	1	1.5	0	0.0	1	3.6
Remained basically unchanged	65	95.6	39	97.5	26	92.9
Eased somewhat	2	2.9	1	2.5	1	3.6
Eased considerably	0	0.0	0	0.0	0	0.0
Total	68	100.0	40	100.0	28	100.0

b. Maximum maturity of loans or credit lines

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	2	2.9	1	2.5	1	3.6
Remained basically unchanged	62	91.2	36	90.0	26	92.9
Eased somewhat	4	5.9	3	7.5	1	3.6
Eased considerably	0	0.0	0	0.0	0	0.0
Total	68	100.0	40	100.0	28	100.0

c. Costs of credit lines

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	1	1.5	0	0.0	1	3.6
Remained basically unchanged	65	95.6	39	97.5	26	92.9
Eased somewhat	2	2.9	1	2.5	1	3.6
Eased considerably	0	0.0	0	0.0	0	0.0
Total	68	100.0	40	100.0	28	100.0

d. Spreads of loan rates over your bank's cost of funds (wider spreads=tightened, narrower spreads=eased)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	5	7.4	2	5.0	3	10.7
Remained basically unchanged	55	80.9	34	85.0	21	75.0
Eased somewhat	7	10.3	4	10.0	3	10.7
Eased considerably	1	1.5	0	0.0	1	3.6
Total	68	100.0	40	100.0	28	100.0

e. Premiums charged on riskier loans

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	9	13.2	6	15.0	3	10.7
Remained basically unchanged	56	82.4	33	82.5	23	82.1
Eased somewhat	3	4.4	1	2.5	2	7.1
Eased considerably	0	0.0	0	0.0	0	0.0
Total	68	100.0	40	100.0	28	100.0

f. Loan covenants

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	6	8.8	4	10.0	2	7.1
Remained basically unchanged	57	83.8	33	82.5	24	85.7
Eased somewhat	5	7.4	3	7.5	2	7.1
Eased considerably	0	0.0	0	0.0	0	0.0
Total	68	100.0	40	100.0	28	100.0

g. Collateralization requirements

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	4	5.9	2	5.0	2	7.1
Remained basically unchanged	62	91.2	37	92.5	25	89.3
Eased somewhat	2	2.9	1	2.5	1	3.6
Eased considerably	0	0.0	0	0.0	0	0.0
Total	68	100.0	40	100.0	28	100.0

h. Use of interest rate floors (more use=tightened, less use=eased)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	3	4.5	3	7.7	0	0.0
Remained basically unchanged	54	80.6	33	84.6	21	75.0
Eased somewhat	5	7.5	1	2.6	4	14.3
Eased considerably	5	7.5	2	5.1	3	10.7
Total	67	100.0	39	100.0	28	100.0

3. If your bank has tightened or eased its credit standards or its terms for C&I loans or credit lines over the past three months (as described in questions 1 and 2), how important have been the following possible reasons for the change?

A. Possible reasons for tightening credit standards or loan terms:

a. Deterioration in your bank's current or expected capital position

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	23	92.0	18	90.0	5	100.0
Somewhat important	0	0.0	0	0.0	0	0.0
Very important	2	8.0	2	10.0	0	0.0
Total	25	100.0	20	100.0	5	100.0

b. Less favorable or more uncertain economic outlook

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	7	28.0	6	30.0	1	20.0
Somewhat important	10	40.0	7	35.0	3	60.0
Very important	8	32.0	7	35.0	1	20.0
Total	25	100.0	20	100.0	5	100.0

c. Worsening of industry-specific problems (please specify industries)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	8	32.0	6	30.0	2	40.0
Somewhat important	9	36.0	7	35.0	2	40.0
Very important	8	32.0	7	35.0	1	20.0
Total	25	100.0	20	100.0	5	100.0

d. Less aggressive competition from other banks or nonbank lenders (other financial intermediaries or the capital markets)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	19	76.0	15	75.0	4	80.0
Somewhat important	5	20.0	4	20.0	1	20.0
Very important	1	4.0	1	5.0	0	0.0
Total	25	100.0	20	100.0	5	100.0

e. Reduced tolerance for risk

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	15	60.0	12	60.0	3	60.0
Somewhat important	7	28.0	6	30.0	1	20.0
Very important	3	12.0	2	10.0	1	20.0
Total	25	100.0	20	100.0	5	100.0

f. Decreased liquidity in the secondary market for these loans

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	20	80.0	15	75.0	5	100.0
Somewhat important	3	12.0	3	15.0	0	0.0
Very important	2	8.0	2	10.0	0	0.0
Total	25	100.0	20	100.0	5	100.0

g. Deterioration in your bank's current or expected liquidity position

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	23	92.0	18	90.0	5	100.0
Somewhat important	1	4.0	1	5.0	0	0.0
Very important	1	4.0	1	5.0	0	0.0
Total	25	100.0	20	100.0	5	100.0

h. Increased concerns about the effects of legislative changes, supervisory actions, or changes in accounting standards

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	15	62.5	11	57.9	4	80.0
Somewhat important	4	16.7	4	21.1	0	0.0
Very important	5	20.8	4	21.1	1	20.0
Total	24	100.0	19	100.0	5	100.0

B. Possible reasons for easing credit standards or loan terms:

a. Improvement in your bank's current or expected capital position

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	19	90.5	11	84.6	8	100.0
Somewhat important	2	9.5	2	15.4	0	0.0
Very important	0	0.0	0	0.0	0	0.0
Total	21	100.0	13	100.0	8	100.0

b. More favorable or less uncertain economic outlook

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	15	68.2	10	76.9	5	55.6
Somewhat important	5	22.7	2	15.4	3	33.3
Very important	2	9.1	1	7.7	1	11.1
Total	22	100.0	13	100.0	9	100.0

c. Improvement in industry-specific problems (please specify industries)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	18	81.8	11	84.6	7	77.8
Somewhat important	4	18.2	2	15.4	2	22.2
Very important	0	0.0	0	0.0	0	0.0
Total	22	100.0	13	100.0	9	100.0

d. More aggressive competition from other banks or nonbank lenders (other financial intermediaries or the capital markets)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	5	21.7	3	21.4	2	22.2
Somewhat important	10	43.5	6	42.9	4	44.4
Very important	8	34.8	5	35.7	3	33.3
Total	23	100.0	14	100.0	9	100.0

e. Increased tolerance for risk

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	14	63.6	10	76.9	4	44.4
Somewhat important	8	36.4	3	23.1	5	55.6
Very important	0	0.0	0	0.0	0	0.0
Total	22	100.0	13	100.0	9	100.0

f. Increased liquidity in the secondary market for these loans

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	18	81.8	10	76.9	8	88.9
Somewhat important	4	18.2	3	23.1	1	11.1
Very important	0	0.0	0	0.0	0	0.0
Total	22	100.0	13	100.0	9	100.0

g. Improvement in your bank's current or expected liquidity position

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	18	81.8	10	76.9	8	88.9
Somewhat important	3	13.6	2	15.4	1	11.1
Very important	1	4.5	1	7.7	0	0.0
Total	22	100.0	13	100.0	9	100.0

h. Reduced concerns about the effects of legislative changes, supervisory actions, or changes in accounting standards

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	19	90.5	11	91.7	8	88.9
Somewhat important	2	9.5	1	8.3	1	11.1
Very important	0	0.0	0	0.0	0	0.0
Total	21	100.0	12	100.0	9	100.0

4. Apart from normal seasonal variation, how has demand for C&I loans changed over the past three months? (Please consider only funds actually disbursed as opposed to requests for new or increased lines of credit.)

A. Demand for C&I loans from large and middle-market firms (annual sales of $50 million or more):

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Substantially stronger	0	0.0	0	0.0	0	0.0
Moderately stronger	14	20.3	9	21.4	5	18.5
About the same	35	50.7	17	40.5	18	66.7
Moderately weaker	20	29.0	16	38.1	4	14.8
Substantially weaker	0	0.0	0	0.0	0	0.0
Total	69	100.0	42	100.0	27	100.0

B. Demand for C&I loans from small firms (annual sales of less than $50 million):

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Substantially stronger	0	0.0	0	0.0	0	0.0
Moderately stronger	10	14.7	5	12.5	5	17.9
About the same	46	67.6	26	65.0	20	71.4
Moderately weaker	12	17.6	9	22.5	3	10.7
Substantially weaker	0	0.0	0	0.0	0	0.0
Total	68	100.0	40	100.0	28	100.0

5. If demand for C&I loans has strengthened or weakened over the past three months (as described in question 4), how important have been the following possible reasons for the change?

A. If stronger loan demand (answer 1 or 2 to question 4A or 4B), possible reasons:

a. Customer inventory financing needs increased

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	8	50.0	7	63.6	1	20.0
Somewhat important	8	50.0	4	36.4	4	80.0
Very important	0	0.0	0	0.0	0	0.0
Total	16	100.0	11	100.0	5	100.0

b. Customer accounts receivable financing needs increased

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	7	43.8	7	63.6	0	0.0
Somewhat important	7	43.8	3	27.3	4	80.0
Very important	2	12.5	1	9.1	1	20.0
Total	16	100.0	11	100.0	5	100.0

c. Customer investment in plant or equipment increased

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	6	37.5	5	45.5	1	20.0
Somewhat important	9	56.3	5	45.5	4	80.0
Very important	1	6.3	1	9.1	0	0.0
Total	16	100.0	11	100.0	5	100.0

d. Customer internally generated funds decreased

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	13	81.3	10	90.9	3	60.0
Somewhat important	3	18.8	1	9.1	2	40.0
Very important	0	0.0	0	0.0	0	0.0
Total	16	100.0	11	100.0	5	100.0

e. Customer merger or acquisition financing needs increased

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	12	75.0	8	72.7	4	80.0
Somewhat important	2	12.5	1	9.1	1	20.0
Very important	2	12.5	2	18.2	0	0.0
Total	16	100.0	11	100.0	5	100.0

f. Customer borrowing shifted to your bank from other bank or nonbank sources because these other sources became less attractive

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	7	41.2	5	41.7	2	40.0
Somewhat important	4	23.5	2	16.7	2	40.0
Very important	6	35.3	5	41.7	1	20.0
Total	17	100.0	12	100.0	5	100.0

g. Customer precautionary demand for cash and liquidity increased

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	12	70.6	8	66.7	4	80.0
Somewhat important	3	17.6	2	16.7	1	20.0
Very important	2	11.8	2	16.7	0	0.0
Total	17	100.0	12	100.0	5	100.0

B. If weaker loan demand (answer 4 or 5 to question 4A or 4B), possible reasons:

a. Customer inventory financing needs decreased

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	9	45.0	8	47.1	1	33.3
Somewhat important	10	50.0	8	47.1	2	66.7
Very important	1	5.0	1	5.9	0	0.0
Total	20	100.0	17	100.0	3	100.0

b. Customer accounts receivable financing needs decreased

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	10	50.0	8	47.1	2	66.7
Somewhat important	10	50.0	9	52.9	1	33.3
Very important	0	0.0	0	0.0	0	0.0
Total	20	100.0	17	100.0	3	100.0

c. Customer investment in plant or equipment decreased

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	5	25.0	5	29.4	0	0.0
Somewhat important	10	50.0	7	41.2	3	100.0
Very important	5	25.0	5	29.4	0	0.0
Total	20	100.0	17	100.0	3	100.0

d. Customer internally generated funds increased

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	13	65.0	12	70.6	1	33.3
Somewhat important	5	25.0	4	23.5	1	33.3
Very important	2	10.0	1	5.9	1	33.3
Total	20	100.0	17	100.0	3	100.0

e. Customer merger or acquisition financing needs decreased

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	8	38.1	8	44.4	0	0.0
Somewhat important	8	38.1	6	33.3	2	66.7
Very important	5	23.8	4	22.2	1	33.3
Total	21	100.0	18	100.0	3	100.0

f. Customer borrowing shifted from your bank to other bank or nonbank sources because these other sources became more attractive

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	15	75.0	12	70.6	3	100.0
Somewhat important	2	10.0	2	11.8	0	0.0
Very important	3	15.0	3	17.6	0	0.0
Total	20	100.0	17	100.0	3	100.0

g. Customer precautionary demand for cash and liquidity decreased

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	14	70.0	12	70.6	2	66.7
Somewhat important	4	20.0	3	17.6	1	33.3
Very important	2	10.0	2	11.8	0	0.0
Total	20	100.0	17	100.0	3	100.0

6. At your bank, apart from seasonal variation, how has the number of inquiries from potential business borrowers regarding the availability and terms of new credit lines or increases in existing lines changed over the past three months? (Please consider only inquiries for additional or increased C&I lines as opposed to the refinancing of existing loans.)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
The number of inquiries has increased substantially	0	0.0	0	0.0	0	0.0
The number of inquiries has increased moderately	13	18.6	9	21.4	4	14.3
The number of inquiries has stayed about the same	41	58.6	20	47.6	21	75.0
The number of inquiries has decreased moderately	16	22.9	13	31.0	3	10.7
The number of inquiries has decreased substantially	0	0.0	0	0.0	0	0.0
Total	70	100.0	42	100.0	28	100.0

Over the past year, declines in oil prices may have led to strains in firms involved in oil and natural gas drilling/extraction and in the companies that provide support to those firms. Question 7 asks you to indicate what fraction of C&I loans held on your bank's books were made to firms in the oil and natural gas drilling/extraction sector. Question 8 asks about your outlook for delinquencies and charge-offs on such loans. Question 9 asks about changes in lending policies made by your bank in response to developments in the oil and natural gas drilling/extraction sector. Question 10 asks about possible spillover effects from declines in energy commodity prices and associated declines in energy sector activities to other loan types.

7. Approximately what fraction of C&I loans currently outstanding on your bank's books were made to firms in the oil and natural gas drilling/extraction sector?

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
More than 20 percent	1	1.7	1	2.6	0	0.0
More than 10 percent but less than 20 percent	7	11.7	4	10.3	3	14.3
More than 5 percent but less than 10 percent	9	15.0	7	17.9	2	9.5
More than 1 percent but less than 5 percent	20	33.3	17	43.6	3	14.3
Less than 1 percent	23	38.3	10	25.6	13	61.9
Total	60	100.0	39	100.0	21	100.0

For this question, 9 respondents answered “My bank does not have any outstanding loans or lines of credit to firms in the oil and natural gas drilling/extraction sector.”

8. Assuming that economic activity progresses in line with consensus forecasts, and energy commodity prices evolve in line with current futures prices, what is your outlook for delinquencies and charge-offs on your bank's existing loans to firms in the oil and natural gas drilling/extraction sector over the remainder of 2016?

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Loan quality is likely to improve substantially	0	0.0	0	0.0	0	0.0
Loan quality is likely to improve somewhat	1	1.7	0	0.0	1	4.8
Loan quality is likely to remain around current levels	20	33.3	8	20.5	12	57.1
Loan quality is likely to deteriorate somewhat	35	58.3	27	69.2	8	38.1
Loan quality is likely to deteriorate substantially	4	6.7	4	10.3	0	0.0
Total	60	100.0	39	100.0	21	100.0

For this question, 7 respondents answered “My bank does not have any outstanding loans to firms in the oil and natural gas drilling/extraction sector.”

9. Please indicate how important each of the following actions have been in your bank's efforts to mitigate risks of loan losses from loans made to firms in the oil and natural gas drilling/extraction sector over the past year.

a. Tightening lending policies on new loans or lines of credit made to firms in this sector

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	11	19.6	6	15.8	5	27.8
Somewhat important	18	32.1	10	26.3	8	44.4
Very important	27	48.2	22	57.9	5	27.8
Total	56	100.0	38	100.0	18	100.0

b. Enforcing material adverse change clauses or other covenants to limit draws on existing credit lines to firms in this sector

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	29	51.8	19	50.0	10	55.6
Somewhat important	16	28.6	11	28.9	5	27.8
Very important	11	19.6	8	21.1	3	16.7
Total	56	100.0	38	100.0	18	100.0

c. Restructuring outstanding loans to make them more robust to the changed outlook for energy prices

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	12	21.4	4	10.5	8	44.4
Somewhat important	26	46.4	21	55.3	5	27.8
Very important	18	32.1	13	34.2	5	27.8
Total	56	100.0	38	100.0	18	100.0

d. Requiring additional collateral to better secure loans or credit lines to firms in this sector

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	9	16.1	6	15.8	3	16.7
Somewhat important	29	51.8	20	52.6	9	50.0
Very important	18	32.1	12	31.6	6	33.3
Total	56	100.0	38	100.0	18	100.0

e. Setting aside additional reserves for a potential increase in loan losses

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	16	28.6	6	15.8	10	55.6
Somewhat important	16	28.6	10	26.3	6	33.3
Very important	24	42.9	22	57.9	2	11.1
Total	56	100.0	38	100.0	18	100.0

f. Tightening lending policies on new loans or credit lines made to firms in other sectors

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	39	69.6	26	68.4	13	72.2
Somewhat important	12	21.4	8	21.1	4	22.2
Very important	5	8.9	4	10.5	1	5.6
Total	56	100.0	38	100.0	18	100.0

g. Hedging the risks arising from declines in energy prices through derivatives contracts

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	42	75.0	25	65.8	17	94.4
Somewhat important	9	16.1	9	23.7	0	0.0
Very important	5	8.9	4	10.5	1	5.6
Total	56	100.0	38	100.0	18	100.0

h. My bank has not needed to mitigate risks of loan losses made to firms in this sector

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Not important	14	53.8	8	61.5	6	46.2
Somewhat important	4	15.4	2	15.4	2	15.4
Very important	8	30.8	3	23.1	5	38.5
Total	26	100.0	13	100.0	13	100.0

10. If your bank has other loans outstanding to businesses or households located in regions of the United States that are dependent on the energy sector, how has the credit quality of the loans to customers in those regions changed as a result of the decline in energy commodity prices and associated declines in energy sector activities over the past year?

a. C&I loans to firms not in the oil and natural gas drilling/extraction sector

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Credit quality has improved substantially	0	0.0	0	0.0	0	0.0
Credit quality improved somewhat	1	1.8	0	0.0	1	5.3
Credit quality remained about unchanged	40	70.2	27	71.1	13	68.4
Credit quality deteriorated somewhat	16	28.1	11	28.9	5	26.3
Credit quality deteriorated substantially	0	0.0	0	0.0	0	0.0
Total	57	100.0	38	100.0	19	100.0

b. Commercial real estate loans

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Credit quality has improved substantially	0	0.0	0	0.0	0	0.0
Credit quality improved somewhat	3	5.4	2	5.6	1	5.0
Credit quality remained about unchanged	43	76.8	27	75.0	16	80.0
Credit quality deteriorated somewhat	9	16.1	7	19.4	2	10.0
Credit quality deteriorated substantially	1	1.8	0	0.0	1	5.0
Total	56	100.0	36	100.0	20	100.0

c. Residential real estate loans

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Credit quality has improved substantially	0	0.0	0	0.0	0	0.0
Credit quality improved somewhat	1	2.0	0	0.0	1	5.3
Credit quality remained about unchanged	45	88.2	30	93.8	15	78.9
Credit quality deteriorated somewhat	5	9.8	2	6.3	3	15.8
Credit quality deteriorated substantially	0	0.0	0	0.0	0	0.0
Total	51	100.0	32	100.0	19	100.0

d. Auto loans

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Credit quality has improved substantially	0	0.0	0	0.0	0	0.0
Credit quality improved somewhat	0	0.0	0	0.0	0	0.0
Credit quality remained about unchanged	39	75.0	26	78.8	13	68.4
Credit quality deteriorated somewhat	12	23.1	7	21.2	5	26.3
Credit quality deteriorated substantially	1	1.9	0	0.0	1	5.3
Total	52	100.0	33	100.0	19	100.0

e. Consumer credit card loans

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Credit quality has improved substantially	0	0.0	0	0.0	0	0.0
Credit quality improved somewhat	0	0.0	0	0.0	0	0.0
Credit quality remained about unchanged	39	84.8	26	86.7	13	81.3
Credit quality deteriorated somewhat	7	15.2	4	13.3	3	18.8
Credit quality deteriorated substantially	0	0.0	0	0.0	0	0.0
Total	46	100.0	30	100.0	16	100.0

f. Consumer loans other than credit card and auto loans

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Credit quality has improved substantially	0	0.0	0	0.0	0	0.0
Credit quality improved somewhat	0	0.0	0	0.0	0	0.0
Credit quality remained about unchanged	42	85.7	28	93.3	14	73.7
Credit quality deteriorated somewhat	7	14.3	2	6.7	5	26.3
Credit quality deteriorated substantially	0	0.0	0	0.0	0	0.0
Total	49	100.0	30	100.0	19	100.0

Questions 11-16 ask about changes in standards and demand over the past three months for three different types of commercial real estate (CRE) loans at your bank: construction and land development loans, loans secured by nonfarm nonresidential properties, and loans secured by multifamily residential properties. Please report changes in enforcement of existing policies as changes in policies.

11. Over the past three months, how have your bank's credit standards for approving new applications for construction and land development loans or credit lines changed?

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	2	2.9	2	4.9	0	0.0
Tightened somewhat	15	21.7	12	29.3	3	10.7
Remained basically unchanged	52	75.4	27	65.9	25	89.3
Eased somewhat	0	0.0	0	0.0	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	69	100.0	41	100.0	28	100.0

12. Over the past three months, how have your bank's credit standards for approving new applications for loans secured by nonfarm nonresidential properties changed?

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	8	11.6	7	17.1	1	3.6
Remained basically unchanged	61	88.4	34	82.9	27	96.4
Eased somewhat	0	0.0	0	0.0	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	69	100.0	41	100.0	28	100.0

13. Over the past three months, how have your bank's credit standards for approving new applications for loans secured by multifamily residential properties changed?

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	2	2.9	2	4.9	0	0.0
Tightened somewhat	23	33.3	17	41.5	6	21.4
Remained basically unchanged	44	63.8	22	53.7	22	78.6
Eased somewhat	0	0.0	0	0.0	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	69	100.0	41	100.0	28	100.0

14. Apart from normal seasonal variation, how has demand for construction and land development loans changed over the past three months? (Please consider the number of requests for new spot loans, for disbursement of funds under existing loan commitments, and for new or increased credit lines.)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Substantially stronger	0	0.0	0	0.0	0	0.0
Moderately stronger	17	25.0	10	25.0	7	25.0
About the same	43	63.2	24	60.0	19	67.9
Moderately weaker	8	11.8	6	15.0	2	7.1
Substantially weaker	0	0.0	0	0.0	0	0.0
Total	68	100.0	40	100.0	28	100.0

15. Apart from normal seasonal variation, how has demand for loans secured by nonfarm nonresidential properties changed over the past three months? (Please consider the number of requests for new spot loans, for disbursement of funds under existing loan commitments, and for new or increased credit lines.)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Substantially stronger	0	0.0	0	0.0	0	0.0
Moderately stronger	11	15.9	9	22.0	2	7.1
About the same	56	81.2	30	73.2	26	92.9
Moderately weaker	2	2.9	2	4.9	0	0.0
Substantially weaker	0	0.0	0	0.0	0	0.0
Total	69	100.0	41	100.0	28	100.0

16. Apart from normal seasonal variation, how has demand for loans secured by multifamily residential properties changed over the past three months? (Please consider the number of requests for new spot loans, for disbursement of funds under existing loan commitments, and for new or increased credit lines.)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Substantially stronger	0	0.0	0	0.0	0	0.0
Moderately stronger	13	19.1	7	17.5	6	21.4
About the same	48	70.6	28	70.0	20	71.4
Moderately weaker	6	8.8	4	10.0	2	7.1
Substantially weaker	1	1.5	1	2.5	0	0.0
Total	68	100.0	40	100.0	28	100.0

Questions 17-18 ask about how your bank has changed its lending policies on CRE loans over the past year.

17. Over the past year, how has your bank changed the following policies on CRE loans?

a. Maximum loan size

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	4	5.7	3	7.1	1	3.6
Remained basically unchanged	55	78.6	30	71.4	25	89.3
Eased somewhat	11	15.7	9	21.4	2	7.1
Eased considerably	0	0.0	0	0.0	0	0.0
Total	70	100.0	42	100.0	28	100.0

b. Maximum loan maturity

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	4	5.7	2	4.8	2	7.1
Remained basically unchanged	59	84.3	36	85.7	23	82.1
Eased somewhat	7	10.0	4	9.5	3	10.7
Eased considerably	0	0.0	0	0.0	0	0.0
Total	70	100.0	42	100.0	28	100.0

c. Spreads of loan rates over your bank's cost of funds (wider spreads=tightened, narrower spreads=eased)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	16	22.9	14	33.3	2	7.1
Remained basically unchanged	37	52.9	18	42.9	19	67.9
Eased somewhat	17	24.3	10	23.8	7	25.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	70	100.0	42	100.0	28	100.0

d. Loan-to-value ratios

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	1	1.4	1	2.4	0	0.0
Tightened somewhat	9	12.9	4	9.5	5	17.9
Remained basically unchanged	58	82.9	36	85.7	22	78.6
Eased somewhat	2	2.9	1	2.4	1	3.6
Eased considerably	0	0.0	0	0.0	0	0.0
Total	70	100.0	42	100.0	28	100.0

e. Debt-service coverage ratios

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	1	1.4	1	2.4	0	0.0
Tightened somewhat	6	8.6	4	9.5	2	7.1
Remained basically unchanged	62	88.6	37	88.1	25	89.3
Eased somewhat	1	1.4	0	0.0	1	3.6
Eased considerably	0	0.0	0	0.0	0	0.0
Total	70	100.0	42	100.0	28	100.0

f. Market areas served (reduced market areas=tightened, expanded market areas=eased)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	6	8.6	4	9.5	2	7.1
Remained basically unchanged	56	80.0	34	81.0	22	78.6
Eased somewhat	8	11.4	4	9.5	4	14.3
Eased considerably	0	0.0	0	0.0	0	0.0
Total	70	100.0	42	100.0	28	100.0

g. Length of interest-only payment period (shorter interest-only periods=tightened, longer interest-only periods=eased)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	7	10.1	4	9.8	3	10.7
Remained basically unchanged	54	78.3	33	80.5	21	75.0
Eased somewhat	8	11.6	4	9.8	4	14.3
Eased considerably	0	0.0	0	0.0	0	0.0
Total	69	100.0	41	100.0	28	100.0

18. If your bank has tightened or eased its credit policies on CRE loans over the past year (as described in question 17), please select the 4 most important reasons among all the possible reasons listed below and rank them in order of importance. (Please respond to either A, B, or both as appropriate and rank the 4 most important reasons using a scale ranging from 4=the most important to 1=the least important.)

A. Possible reasons for tightening credit policies on CRE loans over the past year:

	All Respondents	Large Banks	Other Banks
	Mean	Mean	Mean
Less favorable or more uncertain outlook for CRE property prices	2.4	2.5	2.1
Less favorable or more uncertain outlook for vacancy rates or other fundamentals on CRE properties	2.8	3.1	2.1
Less favorable or more uncertain capitalization rates (the ratio of current net operating income to the original sale price or current market value) on CRE properties	2.6	2.8	2.1
Less aggressive competition from other banks or nonbank financial institutions (other financial intermediaries or the capital markets)	1.6	1.8	1.0
Reduced tolerance for risk	2.6	2.4	3.0
Decreased ability to securitize CRE loans	1.2	1.3	1.0
Increased concerns about capital adequacy, liquidity position, or regulation more broadly	1.8	1.9	1.7
Other	3.8	3.5	4.0
Number of respondents	32	21	11

B. Possible reasons for easing credit policies on CRE loans over the past year:

	All Respondents	Large Banks	Other Banks
	Mean	Mean	Mean
More favorable or less uncertain outlook for CRE property prices	1.8	1.6	2.0
More favorable or less uncertain outlook for vacancy rates or other fundamentals on CRE properties	2.4	2.1	2.8
More favorable or less uncertain capitalization rates (the ratio of current net operating income to the original sale price or current market value) on CRE properties	1.9	2.0	1.8
More aggressive competition from other banks or non-bank lenders (other financial intermediaries or the capital markets)	3.4	3.3	3.5
Increased tolerance for risk	2.2	2.2	2.2
Increased ability to securitize CRE loans	1.2	1.0	1.3
Decreased concerns about capital adequacy, liquidity position, or regulation more broadly	1.3	1.2	1.5
Other	2.4	2.8	1.0
Number of respondents	24	14	10

Yields on commercial mortgage-backed securities (CMBS) have increased considerably over the last six months. At the same time, outstanding CRE loans held on banks' books have continued to grow robustly in aggregate, according to the Federal Reserve's weekly H.8 statistical release, "Assets and Liabilities of Commercial Banks in the United States." Questions 19-23 ask how your bank's lending policies and practices regarding CRE loans have been affected by recent conditions in the CMBS market and by activities of nonbank financial institutions.

19. How have conditions in the CMBS market affected the volume of CRE loan originations by your bank over the past six months?

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Led to a substantial decrease	0	0.0	0	0.0	0	0.0
Led to a moderate decrease	6	8.8	5	12.2	1	3.7
Led to no change	49	72.1	26	63.4	23	85.2
Led to a moderate increase	13	19.1	10	24.4	3	11.1
Led to a substantial increase	0	0.0	0	0.0	0	0.0
Total	68	100.0	41	100.0	27	100.0

For this question, 1 respondent answered “My bank does not originate CRE loans.”

20. How have conditions in the CMBS market affected the volume of CRE loan securitizations by your bank over the past six months?

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Led to a substantial decrease	2	7.7	2	16.7	0	0.0
Led to a moderate decrease	5	19.2	4	33.3	1	7.1
Led to no change	19	73.1	6	50.0	13	92.9
Led to a moderate increase	0	0.0	0	0.0	0	0.0
Led to a substantial increase	0	0.0	0	0.0	0	0.0
Total	26	100.0	12	100.0	14	100.0

For this question, 42 respondents answered “My bank does not securitize CRE loans.”

21. Apart from normal seasonal variation, how has demand for loans or lines of credit from nonbank financial institutions, used to fund their CRE loan pipelines prior to securitization, changed over the past six months? (Please consider the number of requests for new spot loans, for disbursement of funds under existing loan commitments, and for new or increased credit lines.)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Substantially stronger	0	0.0	0	0.0	0	0.0
Somewhat stronger	3	13.6	3	20.0	0	0.0
About the same	17	77.3	10	66.7	7	100.0
Somewhat weaker	2	9.1	2	13.3	0	0.0
Substantially weaker	0	0.0	0	0.0	0	0.0
Total	22	100.0	15	100.0	7	100.0

For this question, 46 respondents answered “My bank does not originate these types of loans or credit lines.”

22. How have your bank’s credit standards for approving applications for loans or lines of credit to nonbank financial institutions, used to fund their CRE loan pipelines prior to securitization, changed over the past six months? (Please consider applications for new spot loans, and for new or increased credit lines.)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	3	13.6	3	20.0	0	0.0
Remained basically unchanged	19	86.4	12	80.0	7	100.0
Eased somewhat	0	0.0	0	0.0	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	22	100.0	15	100.0	7	100.0

For this question, 46 respondents answered “My bank does not originate these types of loans or credit lines.”

23. In the next six months, a large amount of CRE loans originated in 2006 and currently held in CMBS will need to be refinanced. Assuming economic activity progresses in line with consensus forecasts, how are the standards that your bank would apply to such CRE loans different from those that you expect to apply to other CRE loans?

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Considerably tighter	0	0.0	0	0.0	0	0.0
Somewhat tighter	8	12.1	6	14.6	2	8.0
About the same	57	86.4	34	82.9	23	92.0
Somewhat easier	0	0.0	0	0.0	0	0.0
Considerably easier	0	0.0	0	0.0	0	0.0
Total	66	100.0	41	100.0	25	100.0

Note: Beginning with the January 2015 survey, the loan categories referred to in the questions regarding changes in credit standards and demand for residential mortgage loans have been revised to reflect the Consumer Financial Protection Bureau’s qualified mortgage rules.
Questions 24-25 ask about seven categories of residential mortgage loans at your bank: Government-Sponsored Enterprise eligible (GSE-eligible) residential mortgages, government residential mortgages, Qualified Mortgage non-jumbo non-GSE-eligible (QM non-jumbo, non-GSE-eligible) residential mortgages, QM jumbo residential mortgages, non-QM jumbo residential mortgages, non-QM non-jumbo residential mortgages, and subprime residential mortgages.
For the purposes of this survey, please use the following definitions of these loan categories and include first-lien closed-end loans to purchase homes only. The loan categories have been defined so that every first-lien closed-end residential mortgage loan used for home purchase fits into one of the following seven categories:

The GSE-eligible category of residential mortgages includes loans that meet the underwriting guidelines, including loan limit amounts, of the GSEs - Fannie Mae and Freddie Mac.

The government category of residential mortgages includes loans that are insured by the Federal Housing Administration, guaranteed by the Department of Veterans Affairs, or originated under government programs, including the U.S. Department of Agriculture home loan programs.

The QM non-jumbo, non-GSE-eligible category of residential mortgages includes loans that satisfy the standards for a qualified mortgage and have loan balances that are below the loan limit amounts set by the GSEs but otherwise do not meet the GSE underwriting guidelines.

The QM jumbo category of residential mortgages includes loans that satisfy the standards for a qualified mortgage but have loan balances that are above the loan limit amount set by the GSEs.

The non-QM jumbo category of residential mortgages includes loans that do not satisfy the standards for a qualified mortgage and have loan balances that are above the loan limit amount set by the GSEs.

The non-QM non-jumbo category of residential mortgages includes loans that do not satisfy the standards for a qualified mortgage and have loan balances that are below the loan limit amount set by the GSEs.(Please exclude loans classified by your bank as subprime in this category.)

The subprime category of residential mortgages includes loans classified by your bank as subprime. This category typically includes loans made to borrowers with weakened credit histories that include payment delinquencies, charge-offs, judgements, and/or bankruptcies; reduced repayment capacity as measured by credit scores or debt-to-income ratios; or incomplete credit histories.

Question 24 deals with changes in your bank's credit standards for loans in each of the seven loan categories over the past three months. If your bank's credit standards have not changed over the relevant period, please report them as unchanged even if the standards are either restrictive or accommodative relative to longer-term norms. If your bank's credit standards have tightened or eased over the relevant period, please so report them regardless of how they stand relative to longer-term norms. Also, please report changes in enforcement of existing standards as changes in standards. Question 25 deals with changes in demand for loans in each of the seven loan categories over the past three months.

24. Over the past three months, how have your bank's credit standards for approving applications from individuals for mortgage loans to purchase homes changed? (Please consider only new originations as opposed to the refinancing of existing mortgages.)

A. Credit standards on mortgage loans that your bank categorizes as GSE-eligible residential mortgages have:

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	1	1.6	0	0.0	1	3.7
Remained basically unchanged	53	85.5	29	82.9	24	88.9
Eased somewhat	8	12.9	6	17.1	2	7.4
Eased considerably	0	0.0	0	0.0	0	0.0
Total	62	100.0	35	100.0	27	100.0

For this question, 4 respondents answered “My bank does not originate GSE-eligible residential mortgages.”

B. Credit standards on mortgage loans that your bank categorizes as government residential mortgages have:

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	2	3.6	0	0.0	2	8.0
Remained basically unchanged	51	92.7	29	96.7	22	88.0
Eased somewhat	2	3.6	1	3.3	1	4.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	55	100.0	30	100.0	25	100.0

For this question, 11 respondents answered “My bank does not originate government residential mortgages.”

C. Credit standards on mortgage loans that your bank categorizes as QM non-jumbo, non-GSE-eligible residential mortgages have:

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	0	0.0	0	0.0	0	0.0
Remained basically unchanged	54	94.7	29	90.6	25	100.0
Eased somewhat	3	5.3	3	9.4	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	57	100.0	32	100.0	25	100.0

For this question, 9 respondents answered “My bank does not originate QM non-jumbo, non-GSE-eligible residential mortgages.”

D. Credit standards on mortgage loans that your bank categorizes as QM jumbo residential mortgages have:

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	0	0.0	0	0.0	0	0.0
Remained basically unchanged	56	93.3	31	91.2	25	96.2
Eased somewhat	4	6.7	3	8.8	1	3.8
Eased considerably	0	0.0	0	0.0	0	0.0
Total	60	100.0	34	100.0	26	100.0

For this question, 6 respondents answered “My bank does not originate QM jumbo residential mortgages.”

E. Credit standards on mortgage loans that your bank categorizes as non-QM jumbo residential mortgages have:

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	1	1.7	0	0.0	1	4.2
Remained basically unchanged	54	91.5	33	94.3	21	87.5
Eased somewhat	4	6.8	2	5.7	2	8.3
Eased considerably	0	0.0	0	0.0	0	0.0
Total	59	100.0	35	100.0	24	100.0

For this question, 7 respondents answered “My bank does not originate non-QM jumbo residential mortgages.”

F. Credit standards on mortgage loans that your bank categorizes as non-QM non-jumbo residential mortgages have:

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	0	0.0	0	0.0	0	0.0
Remained basically unchanged	53	94.6	32	94.1	21	95.5
Eased somewhat	3	5.4	2	5.9	1	4.5
Eased considerably	0	0.0	0	0.0	0	0.0
Total	56	100.0	34	100.0	22	100.0

For this question, 10 respondents answered “My bank does not originate non-QM non-jumbo residential mortgages.”

G. Credit standards on mortgage loans that your bank categorizes as subprime residential mortgages have:

Responses are not reported when the number of respondents is 3 or fewer.

25. Apart from normal seasonal variation, how has demand for mortgages to purchase homes changed over the past three months? (Please consider only applications for new originations as opposed to applications for refinancing of existing mortgages.)

A. Demand for mortgages that your bank categorizes as GSE-eligible residential mortgages was:

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Substantially stronger	0	0.0	0	0.0	0	0.0
Moderately stronger	22	35.5	13	37.1	9	33.3
About the same	34	54.8	19	54.3	15	55.6
Moderately weaker	6	9.7	3	8.6	3	11.1
Substantially weaker	0	0.0	0	0.0	0	0.0
Total	62	100.0	35	100.0	27	100.0

For this question, 4 respondents answered “My bank does not originate GSE-eligible residential mortgages.”

B. Demand for mortgages that your bank categorizes as government residential mortgages was:

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Substantially stronger	0	0.0	0	0.0	0	0.0
Moderately stronger	13	23.6	6	20.0	7	28.0
About the same	37	67.3	21	70.0	16	64.0
Moderately weaker	5	9.1	3	10.0	2	8.0
Substantially weaker	0	0.0	0	0.0	0	0.0
Total	55	100.0	30	100.0	25	100.0

For this question, 11 respondents answered “My bank does not originate government residential mortgages.”

C. Demand for mortgages that your bank categorizes as QM non-jumbo, non-GSE-eligible residential mortgages was:

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Substantially stronger	1	1.7	1	3.1	0	0.0
Moderately stronger	12	20.7	5	15.6	7	26.9
About the same	43	74.1	26	81.3	17	65.4
Moderately weaker	2	3.4	0	0.0	2	7.7
Substantially weaker	0	0.0	0	0.0	0	0.0
Total	58	100.0	32	100.0	26	100.0

For this question, 8 respondents answered “My bank does not originate QM non-jumbo, non-GSE-eligible residential mortgages.”

D. Demand for mortgages that your bank categorizes as QM jumbo residential mortgages was:

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Substantially stronger	3	5.0	2	5.9	1	3.8
Moderately stronger	14	23.3	10	29.4	4	15.4
About the same	40	66.7	21	61.8	19	73.1
Moderately weaker	3	5.0	1	2.9	2	7.7
Substantially weaker	0	0.0	0	0.0	0	0.0
Total	60	100.0	34	100.0	26	100.0

For this question, 6 respondents answered “My bank does not originate QM jumbo residential mortgages.”

E. Demand for mortgages that your bank categorizes as non-QM jumbo residential mortgages was:

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Substantially stronger	1	1.7	1	2.9	0	0.0
Moderately stronger	10	16.9	7	20.0	3	12.5
About the same	44	74.6	25	71.4	19	79.2
Moderately weaker	4	6.8	2	5.7	2	8.3
Substantially weaker	0	0.0	0	0.0	0	0.0
Total	59	100.0	35	100.0	24	100.0

For this question, 7 respondents answered “My bank does not originate non-QM jumbo residential mortgages.”

F. Demand for mortgages that your bank categorizes as non-QM non-jumbo residential mortgages was:

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Substantially stronger	1	1.9	1	3.0	0	0.0
Moderately stronger	6	11.1	5	15.2	1	4.8
About the same	43	79.6	25	75.8	18	85.7
Moderately weaker	4	7.4	2	6.1	2	9.5
Substantially weaker	0	0.0	0	0.0	0	0.0
Total	54	100.0	33	100.0	21	100.0

For this question, 12 respondents answered “My bank does not originate non-QM non-jumbo residential mortgages.”

G. Demand for mortgages that your bank categorizes as subprime residential mortgages was:

Responses are not reported when the number of respondents is 3 or fewer.

Questions 26-27 ask about revolving home equity lines of credit at your bank. Question 26 deals with changes in your bank's credit standards over the past three months. Question 27 deals with changes in demand. If your bank's credit standards have not changed over the relevant period, please report them as unchanged even if they are either restrictive or accommodative relative to longer-term norms. If your bank's credit standards have tightened or eased over the relevant period, please so report them regardless of how they stand relative to longer-term norms. Also, please report changes in enforcement of existing standards as changes in standards.

26. Over the past three months, how have your bank's credit standards for approving applications for revolving home equity lines of credit changed?

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	1	1.5	1	2.6	0	0.0
Remained basically unchanged	61	92.4	35	89.7	26	96.3
Eased somewhat	4	6.1	3	7.7	1	3.7
Eased considerably	0	0.0	0	0.0	0	0.0
Total	66	100.0	39	100.0	27	100.0

27. Apart from normal seasonal variation, how has demand for revolving home equity lines of credit changed over the past three months? (Please consider only funds actually disbursed as opposed to requests for new or increased lines of credit.)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Substantially stronger	0	0.0	0	0.0	0	0.0
Moderately stronger	18	27.3	12	30.8	6	22.2
About the same	37	56.1	20	51.3	17	63.0
Moderately weaker	11	16.7	7	17.9	4	14.8
Substantially weaker	0	0.0	0	0.0	0	0.0
Total	66	100.0	39	100.0	27	100.0

Questions 28-37 ask about consumer lending at your bank. Question 28 deals with changes in your bank's willingness to make consumer loans over the past three months. Questions 29-34 deal with changes in credit standards and loan terms over the same period. Questions 35-37deal with changes in demand for consumer loans over the past three months. If your bank's lending policies have not changed over the past three months, please report them as unchanged even if the policies are either restrictive or accommodative relative to longer-term norms. If your bank's policies have tightened or eased over the past three months, please so report them regardless of how they stand relative to longer-term norms. Also, please report changes in enforcement of existing policies as changes in policies.

28. Please indicate your bank's willingness to make consumer installment loans now as opposed to three months ago.

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Much more willing	1	1.5	1	2.7	0	0.0
Somewhat more willing	9	13.8	5	13.5	4	14.3
About unchanged	54	83.1	31	83.8	23	82.1
Somewhat less willing	1	1.5	0	0.0	1	3.6
Much less willing	0	0.0	0	0.0	0	0.0
Total	65	100.0	37	100.0	28	100.0

29. Over the past three months, how have your bank's credit standards for approving applications for credit cards from individuals or households changed?

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	2	3.8	2	5.9	0	0.0
Remained basically unchanged	46	86.8	28	82.4	18	94.7
Eased somewhat	4	7.5	3	8.8	1	5.3
Eased considerably	1	1.9	1	2.9	0	0.0
Total	53	100.0	34	100.0	19	100.0

30. Over the past three months, how have your bank's credit standards for approving applications for auto loans to individuals or households changed? (Please include loans arising from retail sales of passenger cars and other vehicles such as minivans, vans, sport-utility vehicles, pickup trucks, and similar light trucks for personal use, whether new or used. Please exclude loans to finance fleet sales, personal cash loans secured by automobiles already paid for, loans to finance the purchase of commercial vehicles and farm equipment, and lease financing.)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	5	8.2	5	14.7	0	0.0
Remained basically unchanged	49	80.3	23	67.6	26	96.3
Eased somewhat	7	11.5	6	17.6	1	3.7
Eased considerably	0	0.0	0	0.0	0	0.0
Total	61	100.0	34	100.0	27	100.0

31. Over the past three months, how have your bank's credit standards for approving applications for consumer loans other than credit card and auto loans changed?

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	2	3.1	1	2.8	1	3.6
Remained basically unchanged	56	87.5	31	86.1	25	89.3
Eased somewhat	6	9.4	4	11.1	2	7.1
Eased considerably	0	0.0	0	0.0	0	0.0
Total	64	100.0	36	100.0	28	100.0

32. Over the past three months, how has your bank changed the following terms and conditions on new or existing credit card accounts for individuals or households?

a. Credit limits

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	3	6.0	3	9.4	0	0.0
Remained basically unchanged	45	90.0	28	87.5	17	94.4
Eased somewhat	2	4.0	1	3.1	1	5.6
Eased considerably	0	0.0	0	0.0	0	0.0
Total	50	100.0	32	100.0	18	100.0

b. Spreads of interest rates charged on outstanding balances over your bank's cost of funds (wider spreads=tightened, narrower spreads=eased)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	2	4.0	2	6.3	0	0.0
Remained basically unchanged	48	96.0	30	93.8	18	100.0
Eased somewhat	0	0.0	0	0.0	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	50	100.0	32	100.0	18	100.0

c. Minimum percent of outstanding balances required to be repaid each month

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	0	0.0	0	0.0	0	0.0
Remained basically unchanged	50	100.0	32	100.0	18	100.0
Eased somewhat	0	0.0	0	0.0	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	50	100.0	32	100.0	18	100.0

d. Minimum required credit score (increased score=tightened, reduced score=eased)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	0	0.0	0	0.0	0	0.0
Remained basically unchanged	49	98.0	31	96.9	18	100.0
Eased somewhat	1	2.0	1	3.1	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	50	100.0	32	100.0	18	100.0

e. The extent to which loans are granted to some customers that do not meet credit scoring thresholds (increased=eased, decreased=tightened)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	2	4.0	2	6.3	0	0.0
Remained basically unchanged	47	94.0	30	93.8	17	94.4
Eased somewhat	1	2.0	0	0.0	1	5.6
Eased considerably	0	0.0	0	0.0	0	0.0
Total	50	100.0	32	100.0	18	100.0

33. Over the past three months, how has your bank changed the following terms and conditions on loans to individuals or households to purchase autos ?

a. Maximum maturity

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	1	1.6	1	2.9	0	0.0
Remained basically unchanged	59	95.2	32	91.4	27	100.0
Eased somewhat	2	3.2	2	5.7	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	62	100.0	35	100.0	27	100.0

b. Spreads of loan rates over your bank's cost of funds (wider spreads=tightened, narrower spreads=eased)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	7	11.3	6	17.1	1	3.7
Remained basically unchanged	49	79.0	24	68.6	25	92.6
Eased somewhat	6	9.7	5	14.3	1	3.7
Eased considerably	0	0.0	0	0.0	0	0.0
Total	62	100.0	35	100.0	27	100.0

c. Minimum required down payment (higher=tightened, lower=eased)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	2	3.2	2	5.7	0	0.0
Remained basically unchanged	60	96.8	33	94.3	27	100.0
Eased somewhat	0	0.0	0	0.0	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	62	100.0	35	100.0	27	100.0

d. Minimum required credit score (increased score=tightened, reduced score=eased)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	4	6.5	3	8.6	1	3.7
Remained basically unchanged	55	88.7	29	82.9	26	96.3
Eased somewhat	3	4.8	3	8.6	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	62	100.0	35	100.0	27	100.0

e. The extent to which loans are granted to some customers that do not meet credit scoring thresholds (increased=eased, decreased=tightened)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	3	4.8	2	5.7	1	3.7
Remained basically unchanged	59	95.2	33	94.3	26	96.3
Eased somewhat	0	0.0	0	0.0	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	62	100.0	35	100.0	27	100.0

34. Over the past three months, how has your bank changed the following terms and conditions on consumer loans other than credit card and auto loans ?

a. Maximum maturity

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	0	0.0	0	0.0	0	0.0
Remained basically unchanged	64	100.0	36	100.0	28	100.0
Eased somewhat	0	0.0	0	0.0	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	64	100.0	36	100.0	28	100.0

b. Spreads of loan rates over your bank's cost of funds (wider spreads=tightened, narrower spreads=eased)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	2	3.1	2	5.6	0	0.0
Remained basically unchanged	59	92.2	34	94.4	25	89.3
Eased somewhat	3	4.7	0	0.0	3	10.7
Eased considerably	0	0.0	0	0.0	0	0.0
Total	64	100.0	36	100.0	28	100.0

c. Minimum required down payment (higher=tightened, lower=eased)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	0	0.0	0	0.0	0	0.0
Remained basically unchanged	64	100.0	36	100.0	28	100.0
Eased somewhat	0	0.0	0	0.0	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	64	100.0	36	100.0	28	100.0

d. Minimum required credit score (increased score=tightened, reduced score=eased)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	2	3.1	2	5.6	0	0.0
Remained basically unchanged	61	95.3	33	91.7	28	100.0
Eased somewhat	1	1.6	1	2.8	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	64	100.0	36	100.0	28	100.0

e. The extent to which loans are granted to some customers that do not meet credit scoring thresholds (increased=eased, decreased=tightened)

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	2	3.1	1	2.8	1	3.6
Remained basically unchanged	60	93.8	34	94.4	26	92.9
Eased somewhat	2	3.1	1	2.8	1	3.6
Eased considerably	0	0.0	0	0.0	0	0.0
Total	64	100.0	36	100.0	28	100.0

35. Apart from normal seasonal variation, how has demand from individuals or households for credit card loans changed over the past three months?

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Substantially stronger	1	2.0	1	3.0	0	0.0
Moderately stronger	7	13.7	5	15.2	2	11.1
About the same	38	74.5	24	72.7	14	77.8
Moderately weaker	5	9.8	3	9.1	2	11.1
Substantially weaker	0	0.0	0	0.0	0	0.0
Total	51	100.0	33	100.0	18	100.0

36. Apart from normal seasonal variation, how has demand from individuals or households for auto loans changed over the past three months?

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Substantially stronger	1	1.6	1	2.9	0	0.0
Moderately stronger	14	23.0	7	20.6	7	25.9
About the same	42	68.9	22	64.7	20	74.1
Moderately weaker	4	6.6	4	11.8	0	0.0
Substantially weaker	0	0.0	0	0.0	0	0.0
Total	61	100.0	34	100.0	27	100.0

37. Apart from normal seasonal variation, how has demand from individuals or households for consumer loans other than credit card and auto loans changed over the past three months?

	All Respondents		Large Banks		Other Banks
	Banks	Percent	Banks	Percent	Banks	Percent
Substantially stronger	0	0.0	0	0.0	0	0.0
Moderately stronger	10	15.6	4	11.1	6	21.4
About the same	52	81.3	30	83.3	22	78.6
Moderately weaker	2	3.1	2	5.6	0	0.0
Substantially weaker	0	0.0	0	0.0	0	0.0
Total	64	100.0	36	100.0	28	100.0

1. The sample is selected from among the largest banks in each Federal Reserve District. In the table, large banks are defined as those with total domestic assets of $20 billion or more as of December 31, 2015. The combined assets of the 42 large banks totaled $9.4 trillion, compared to $9.7 trillion for the entire panel of 70 banks, and $13.5 trillion for all domestically chartered, federally insured commercial banks.

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Senior Loan Officer Opinion Survey on Bank Lending PracticesApril 2016

Table 1

Senior Loan Officer Opinion Survey on Bank Lending Practices at Selected Large Banks in the United States 1

(Status of policy as of April 2016)

Senior Loan Officer Opinion Survey on Bank Lending Practices
April 2016

Senior Loan Officer Opinion Survey on Bank Lending Practices
at Selected Large Banks in the United States ¹