January 2024 Senior Loan Officer Opinion Survey on Bank Lending Practices, Table 2

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below.

Table 2 PDF RSS DDP

Table 1 | Table 2 | Chart Data
Table 1 (PDF) | Table 2 (PDF) | Charts (PDF)

Senior Loan Officer Opinion Survey on Bank Lending Practices at Selected Branches and Agencies of Foreign Banks in the United States ¹

(Status of Policy as of January 2024)

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 - changed?

	Banks	Percent
	All Respondents
Tightened considerably	0	0.0
Tightened somewhat	3	15.0
Remained basically unchanged	17	85.0
Eased somewhat	0	0.0
Eased considerably	0	0.0
Total	20	100

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

a. Maximum size of credit lines

	Banks	Percent
	All Respondents
Tightened considerably	0	0.0
Tightened somewhat	1	5.0
Remained basically unchanged	18	90.0
Eased somewhat	1	5.0
Eased considerably	0	0.0
Total	20	100

b. Maximum maturity of loans or credit lines

	Banks	Percent
	All Respondents
Tightened considerably	0	0.0
Tightened somewhat	2	10.0
Remained basically unchanged	18	90.0
Eased somewhat	0	0.0
Eased considerably	0	0.0
Total	20	100

c. Costs of credit lines

	Banks	Percent
	All Respondents
Tightened considerably	0	0.0
Tightened somewhat	4	20.0
Remained basically unchanged	14	70.0
Eased somewhat	2	10.0
Eased considerably	0	0.0
Total	20	100

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

	Banks	Percent
	All Respondents
Tightened considerably	0	0.0
Tightened somewhat	3	15.0
Remained basically unchanged	15	75.0
Eased somewhat	2	10.0
Eased considerably	0	0.0
Total	20	100

e. Premiums charged on riskier loans

	Banks	Percent
	All Respondents
Tightened considerably	0	0.0
Tightened somewhat	3	15.0
Remained basically unchanged	16	80.0
Eased somewhat	1	5.0
Eased considerably	0	0.0
Total	20	100

f. Loan covenants

	Banks	Percent
	All Respondents
Tightened considerably	0	0.0
Tightened somewhat	3	15.8
Remained basically unchanged	15	78.9
Eased somewhat	1	5.3
Eased considerably	0	0.0
Total	19	100

g. Collateralization requirements

	Banks	Percent
	All Respondents
Tightened considerably	0	0.0
Tightened somewhat	1	5.3
Remained basically unchanged	18	94.7
Eased somewhat	0	0.0
Eased considerably	0	0.0
Total	19	100

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

	Banks	Percent
	All Respondents
Tightened considerably	0	0.0
Tightened somewhat	0	0.0
Remained basically unchanged	18	100.0
Eased somewhat	0	0.0
Eased considerably	0	0.0
Total	18	100

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? (Please respond to either A, B, or both as appropriate.)

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

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

	Banks	Percent
	All Respondents
Not Important	3	75.0
Somewhat Important	1	25.0
Very Important	0	0.0
Total	4	100

b. Less favorable or more uncertain economic outlook

	Banks	Percent
	All Respondents
Not Important	0	0.0
Somewhat Important	2	33.3
Very Important	4	66.7
Total	6	100

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

	Banks	Percent
	All Respondents
Not Important	2	50.0
Somewhat Important	1	25.0
Very Important	1	25.0
Total	4	100

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

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

e. Reduced tolerance for risk

	Banks	Percent
	All Respondents
Not Important	2	40.0
Somewhat Important	2	40.0
Very Important	1	20.0
Total	5	100

f. Decreased liquidity in the secondary market for these loans

	Banks	Percent
	All Respondents
Not Important	2	40.0
Somewhat Important	3	60.0
Very Important	0	0.0
Total	5	100

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

	Banks	Percent
	All Respondents
Not Important	2	50.0
Somewhat Important	2	50.0
Very Important	0	0.0
Total	4	100

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

	Banks	Percent
	All Respondents
Not Important	2	40.0
Somewhat Important	1	20.0
Very Important	2	40.0
Total	5	100

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

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

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

b. More favorable or less uncertain economic outlook

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

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

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

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

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

e. Increased tolerance for risk

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

f. Increased liquidity in the secondary market for these loans

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

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

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

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

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

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.)

	Banks	Percent
	All Respondents
Substantially stronger	0	0.0
Moderately stronger	2	10.0
About the same	15	75.0
Moderately weaker	3	15.0
Substantially weaker	0	0.0
Total	20	100

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? (Please respond to either A, B, or both as appropriate.)

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

a. Customer inventory financing needs increased

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

b. Customer accounts receivable financing needs increased

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

c. Customer investment in plant or equipment increased

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

d. Customer internally generated funds decreased

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

e. Customer merger or acquisition financing needs increased

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

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

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

g. Customer precautionary demand for cash and liquidity increased

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

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

a. Customer inventory financing needs decreased

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

b. Customer accounts receivable financing needs decreased

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

c. Customer investment in plant or equipment decreased

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

d. Customer internally generated funds increased

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

e. Customer merger or acquisition financing needs decreased

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

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

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

g. Customer precautionary demand for cash and liquidity decreased

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

6. At your bank, apart from normal 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.)

	Banks	Percent
	All Respondents
The number of inquiries has increased substantially	0	0.0
The number of inquiries has increased moderately	3	15.0
The number of inquiries has stayed about the same	13	65.0
The number of inquiries has decreased moderately	4	20.0
The number of inquiries has decreased substantially	0	0.0
Total	20	100

Questions 7-8 ask about commercial real estate (CRE) loans at your bank, including construction and land development loans and loans secured by nonfarm nonresidential properties. Question 7 deals with changes in your bank's standards over the past three months. Question 8 deals with changes in demand. If your bank's lending standards or terms 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 standards or terms 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.

7. Over the past three months, how have your bank's credit standards for approving applications for CRE loans or credit lines changed?

	Banks	Percent
	All Respondents
Tightened considerably	0	0.0
Tightened somewhat	5	33.3
Remained basically unchanged	10	66.7
Eased somewhat	0	0.0
Eased considerably	0	0.0
Total	15	100

For this question, 4 respondents answered "My bank does not originate CRE loans."

8. Apart from normal seasonal variation, how has demand for CRE loans or credit lines 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.)

	Banks	Percent
	All Respondents
Substantially stronger	0	0.0
Moderately stronger	0	0.0
About the same	10	66.7
Moderately weaker	5	33.3
Substantially weaker	0	0.0
Total	15	100

Questions 9-10 ask how your bank expects its lending standards for select categories of C&I and commercial real estate loans to change over 2024. Question 11 asks about the reasons why your bank expects lending standards to change.

9. Assuming that economic activity progresses in line with consensus forecasts, how does your bank expect its lending standards for the following C&I loan categories to change over 2024 compared to its current standards, apart from normal seasonal variation?

A. Compared to my bank's current lending standards, over 2024, my bank expects its lending standards for approving applications for C&I loans or credit lines to large and middle-market firms to:

	Banks	Percent
	All Respondents
Tighten considerably	0	0.0
Tighten somewhat	3	15.8
Remain basically unchanged	13	68.4
Ease somewhat	3	15.8
Ease considerably	0	0.0
Total	19	100

For this question, 1 respondent answered "My bank does not originate C&I loans or credit lines to large and middle-market firms"

B. Compared to my bank's current lending standards, over 2024, my bank expects its lending standards for approving applications for C&I loans or credit lines to small firms to:

	Banks	Percent
	All Respondents
Tighten considerably	0	0.0
Tighten somewhat	2	15.4
Remain basically unchanged	11	84.6
Ease somewhat	0	0.0
Ease considerably	0	0.0
Total	13	100

For this question, 7 respondents answered "My bank does not originate C&I loans or credit lines to small firms"

10. Assuming that economic activity progresses in line with consensus forecasts, how does your bank expect its lending standards for the following commercial real estate loan categories to change over 2024 compared to its current standards, apart from normal seasonal variation?

A. Compared to my bank's current lending standards, over 2024, my bank expects its lending standards for approving applications for construction and land development loans or credit lines to:

	Banks	Percent
	All Respondents
Tighten considerably	1	9.1
Tighten somewhat	2	18.2
Remain basically unchanged	7	63.6
Ease somewhat	1	9.1
Ease considerably	0	0.0
Total	11	100

For this question, 8 respondents answered "My bank does not originate construction and land development loans or credit lines"

B. Compared to my bank's current lending standards, over 2024, my bank expects its lending standards for approving applications for loans secured by nonfarm nonresidential properties to:

	Banks	Percent
	All Respondents
Tighten considerably	0	0.0
Tighten somewhat	3	27.3
Remain basically unchanged	8	72.7
Ease somewhat	0	0.0
Ease considerably	0	0.0
Total	11	100

For this question, 8 respondents answered "My bank does not originate loans secured by nonfarm nonresidential properties"

C. Compared to my bank's current lending standards, over 2024, my bank expects its lending standards for approving applications for loans secured by multifamily residential properties to:

	Banks	Percent
	All Respondents
Tighten considerably	0	0.0
Tighten somewhat	4	30.8
Remain basically unchanged	8	61.5
Ease somewhat	1	7.7
Ease considerably	0	0.0
Total	13	100

For this question, 7 respondents answered "My bank does not originate loans secured by multifamily residential properties"

11. If your bank expects to tighten or ease its lending standards for any of the loan categories reported in questions 9-10, how important are the following possible reasons for the expected change in standards? (Please respond to either A, B or both as appropriate.)

A. Possible reasons for expecting to tighten lending standards:

a. Less favorable or more uncertain economic outlook

	Banks	Percent
	All Respondents
Not important	0	0.0
Somewhat important	4	66.7
Very important	2	33.3
Total	6	100

b. Expected deterioration in, or desire to improve, your bank's capital position

	Banks	Percent
	All Respondents
Not important	3	60.0
Somewhat important	2	40.0
Very important	0	0.0
Total	5	100

c. Expected deterioration in, or desire to improve, your bank's liquidity position

	Banks	Percent
	All Respondents
Not important	4	80.0
Somewhat important	1	20.0
Very important	0	0.0
Total	5	100

d. Expected deterioration in customers' collateral values

	Banks	Percent
	All Respondents
Not important	0	0.0
Somewhat important	4	57.1
Very important	3	42.9
Total	7	100

e. Expected reduction in competition from other banks or nonbank lenders

	Banks	Percent
	All Respondents
Not important	4	80.0
Somewhat important	1	20.0
Very important	0	0.0
Total	5	100

f. Expected reduction in risk tolerance

	Banks	Percent
	All Respondents
Not important	0	0.0
Somewhat important	5	100.0
Very important	0	0.0
Total	5	100

g. Expected reduction in ease of selling loans in the secondary market

	Banks	Percent
	All Respondents
Not important	1	20.0
Somewhat important	4	80.0
Very important	0	0.0
Total	5	100

h. Expected deterioration in credit quality of commercial real estate loans

	Banks	Percent
	All Respondents
Not important	1	16.7
Somewhat important	3	50.0
Very important	2	33.3
Total	6	100

i. Expected deterioration in credit quality of loans other than commercial real estate loans

	Banks	Percent
	All Respondents
Not important	1	16.7
Somewhat important	3	50.0
Very important	2	33.3
Total	6	100

j. Increased concerns about deposit outflows at your bank

	Banks	Percent
	All Respondents
Not important	4	80.0
Somewhat important	1	20.0
Very important	0	0.0
Total	5	100

k. Increased concerns about declines in the market value of your bank's fixed-income assets

	Banks	Percent
	All Respondents
Not important	4	80.0
Somewhat important	1	20.0
Very important	0	0.0
Total	5	100

l. Increased concerns about your bank's funding costs

	Banks	Percent
	All Respondents
Not important	3	60.0
Somewhat important	2	40.0
Very important	0	0.0
Total	5	100

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

	Banks	Percent
	All Respondents
Not important	3	60.0
Somewhat important	2	40.0
Very important	0	0.0
Total	5	100

B. Possible reasons for expecting to ease lending standards:

a. More favorable or less uncertain economic outlook

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

b. Expected improvement in your bank's capital position

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

c. Expected improvement in your bank's liquidity position

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

d. Expected improvement in customers' collateral values

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

e. Expected increase in competition from other banks or nonbank lenders

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

f. Expected increase in risk tolerance

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

g. Expected increase in ease of selling loans in the secondary market

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

h. Expected improvement in credit quality of commercial real estate loans

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

i. Expected improvement in credit quality of loans other than commercial real estate loans

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

j. Reduced concerns about deposit outflows at your bank

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

k. Reduced concerns about declines in the market value of your bank's fixed-income assets

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

l. Reduced concerns about your bank's funding costs

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

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

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

Questions 12-13 ask how your bank expects demand for select categories of C&I and commercial real estate loans from your bank to change over 2024. Question 14 asks about the reasons why your bank expects demand from your bank to change.

12. Assuming that economic activity progresses in line with consensus forecasts, how does your bank expect demand for the following categories of C&I loans from your bank to change over 2024 compared to its current level, apart from normal seasonal variation?

A. Compared to its current level, over 2024, my bank expects demand for C&I loans or credit lines to large and middle-market firms from my bank to:

	Banks	Percent
	All Respondents
Strengthen substantially	0	0.0
Strengthen somewhat	10	52.6
Remain basically unchanged	8	42.1
Weaken somewhat	1	5.3
Weaken substantially	0	0.0
Total	19	100

B. Compared to its current level, over 2024, my bank expects demand for C&I loans or credit lines to small firms from my bank to:

	Banks	Percent
	All Respondents
Strengthen substantially	0	0.0
Strengthen somewhat	5	38.5
Remain basically unchanged	8	61.5
Weaken somewhat	0	0.0
Weaken substantially	0	0.0
Total	13	100

13. Assuming that economic activity progresses in line with consensus forecasts, how does your bank expect demand for the following categories of commercial real estate loans from your bank to change over 2024 compared to its current level, apart from normal seasonal variation?

A. Compared to its current level, over 2024, my bank expects demand for construction and land development loans or credit lines from my bank to:

	Banks	Percent
	All Respondents
Strengthen substantially	1	9.1
Strengthen somewhat	2	18.2
Remain basically unchanged	7	63.6
Weaken somewhat	1	9.1
Weaken substantially	0	0.0
Total	11	100

B. Compared to its current level, over 2024, my bank expects demand for loans secured by nonfarm nonresidential properties from my bank to:

	Banks	Percent
	All Respondents
Strengthen substantially	0	0.0
Strengthen somewhat	3	27.3
Remain basically unchanged	7	63.6
Weaken somewhat	1	9.1
Weaken substantially	0	0.0
Total	11	100

C. Compared to its current level, over 2024, my bank expects demand for loans secured by multifamily residential properties from my bank to:

	Banks	Percent
	All Respondents
Strengthen substantially	1	7.7
Strengthen somewhat	3	23.1
Remain basically unchanged	8	61.5
Weaken somewhat	1	7.7
Weaken substantially	0	0.0
Total	13	100

14. If your bank expects demand from your bank to change over 2024 compared to its current level and apart from normal seasonal variation for any of the loan categories reported in questions 12-13, how important are the following possible reasons for the expected change in demand? (Please respond to either A, B or both as appropriate.)

A. Possible reasons for expecting stronger loan demand:

a. Customers are expected to face higher spending or investment needs due to more favorable or less uncertain income prospects

	Banks	Percent
	All Respondents
Not important	3	33.3
Somewhat important	5	55.6
Very important	1	11.1
Total	9	100

b. Customer precautionary demand for cash and liquidity is expected to increase

	Banks	Percent
	All Respondents
Not important	5	50.0
Somewhat important	5	50.0
Very important	0	0.0
Total	10	100

c. Interest rates are expected to decline, strengthening loan demand

	Banks	Percent
	All Respondents
Not important	0	0.0
Somewhat important	6	60.0
Very important	4	40.0
Total	10	100

d. More favorable terms other than interest rates are expected to increase loan demand

	Banks	Percent
	All Respondents
Not important	7	87.5
Somewhat important	1	12.5
Very important	0	0.0
Total	8	100

e. Customer spending or investment needs are expected to increase for reasons not listed above

	Banks	Percent
	All Respondents
Not important	7	87.5
Somewhat important	1	12.5
Very important	0	0.0
Total	8	100

f. Customer borrowing is expected to shift to your bank from other bank sources because these other sources become less attractive

	Banks	Percent
	All Respondents
Not important	8	88.9
Somewhat important	0	0.0
Very important	1	11.1
Total	9	100

g. Customer borrowing is expected to shift to your bank from other nonbank sources because these other sources become less attractive

	Banks	Percent
	All Respondents
Not important	6	75.0
Somewhat important	2	25.0
Very important	0	0.0
Total	8	100

B. Possible reasons for expecting weaker loan demand:

a. Customers are expected to face lower spending or investment needs due to less favorable or more uncertain income prospects

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

b. Customer precautionary demand for cash and liquidity is expected to decrease

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

c. Interest rates are expected to increase, weakening loan demand

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

d. Less favorable terms other than interest rates are expected to reduce loan demand

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

e. Customer spending or investment needs are expected to decrease for reasons not listed above

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

f. Customer borrowing is expected to shift from your bank to other bank sources because these other sources become more attractive

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

g. Customer borrowing is expected to shift from your bank to other nonbank sources because these other sources become more attractive

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

Questions 15-16 ask about your bank's expectations for the behavior of loan delinquencies and charge-offs on selected categories of C&I and commercial real estate loans in 2024.

15. Assuming that economic activity progresses in line with consensus forecasts, what is your outlook for delinquencies and charge-offs on your bank's C&I loans in the following categories in 2024?

A. The quality of my bank's syndicated nonleveraged C&I loans to large and middle-market firms over 2024, as measured my bank's outlook for delinquencies and charge-offs on these loans, is likely to:

	Banks	Percent
	All Respondents
Improve substantially	0	0.0
Improve somewhat	1	5.3
Remain around current levels	18	94.7
Deteriorate somewhat	0	0.0
Deteriorate substantially	0	0.0
Total	19	100

B. The quality of my bank's syndicated leveraged C&I loans to large and middle-market firms over 2024, as measured by my bank's outlook for delinquencies and charge-offs on these loans, is likely to:

	Banks	Percent
	All Respondents
Improve substantially	0	0.0
Improve somewhat	2	10.5
Remain around current levels	12	63.2
Deteriorate somewhat	5	26.3
Deteriorate substantially	0	0.0
Total	19	100

C. The quality of my bank's nonsyndicated C&I loans to large and middle-market firms over 2024, as measured by my bank's outlook for delinquencies and charge-offs on these loans, is likely to:

	Banks	Percent
	All Respondents
Improve substantially	0	0.0
Improve somewhat	0	0.0
Remain around current levels	19	100.0
Deteriorate somewhat	0	0.0
Deteriorate substantially	0	0.0
Total	19	100

D. The quality of my bank's C&I loans to small firms over 2024, as measured by my bank's outlook for delinquencies and charge-offs on these loans, is likely to:

	Banks	Percent
	All Respondents
Improve substantially	0	0.0
Improve somewhat	0	0.0
Remain around current levels	13	76.5
Deteriorate somewhat	4	23.5
Deteriorate substantially	0	0.0
Total	17	100

16. Assuming that economic activity progresses in line with consensus forecasts, what is your outlook for delinquencies and charge-offs on your bank's commercial real estate loans in the following categories in 2024?

A. The quality of my bank's construction and land development loans over 2024, as measured by my bank's outlook for delinquencies and charge-offs on these loans, is likely to:

	Banks	Percent
	All Respondents
Improve substantially	0	0.0
Improve somewhat	1	7.1
Remain around current levels	9	64.3
Deteriorate somewhat	4	28.6
Deteriorate substantially	0	0.0
Total	14	100

B. The quality of my bank's loans secured by nonfarm nonresidential properties over 2024, as measured by my bank's outlook for delinquencies and charge-offs on these loans, is likely to:

	Banks	Percent
	All Respondents
Improve substantially	0	0.0
Improve somewhat	1	6.2
Remain around current levels	11	68.8
Deteriorate somewhat	4	25.0
Deteriorate substantially	0	0.0
Total	16	100

C. The quality of my bank's loans secured by multifamily residential properties over 2024, as measured by my bank's outlook for delinquencies and charge-offs on these loans, is likely to:

	Banks	Percent
	All Respondents
Improve substantially	0	0.0
Improve somewhat	0	0.0
Remain around current levels	14	82.4
Deteriorate somewhat	3	17.6
Deteriorate substantially	0	0.0
Total	17	100

1. As of September 30, 2023, the 20 respondents had combined assets of $1.7 trillion, compared to $3.1 trillion for all foreign-related banking institutions in the United States. The sample is selected from among the largest foreign-related banking institutions in those Federal Reserve Districts where such institutions are common. Return to text

Last Update: February 05, 2024

Senior Loan Officer Opinion Survey on Bank Lending Practices

Table 2 PDF RSS DDP

Senior Loan Officer Opinion Survey on Bank Lending Practices at Selected Branches and Agencies of Foreign Banks in the United States 1

(Status of Policy as of January 2024)

Senior Loan Officer Opinion Survey on Bank Lending Practices at Selected Branches and Agencies of Foreign Banks in the United States ¹