First Glance 12L
These quarterly reports highlight key indicators of 12th District banking conditions.
Posted November 24, 2015
The 3Q15 issue of First Glance 12L reveals continued healthy levels of bank loan growth within the 12th District, paralleling the improving economy, and ongoing improvements to bank earnings and credit quality.
Posted September 2, 2015
The 2Q15 issue of First Glance 12L details the expansion of jobs, housing permits, and loan portfolios, and tightening of noninterest expenses, helping to lift District bank earnings.
Posted May 27, 2015
The 1Q15 issue of First Glance 12L shows continued improvement in 12th District bank credit quality, yet profitability remained constrained by narrowing net interest margins. Prospectively, a strong dollar and extreme drought pose challenges to borrowers who export goods, rely on foreign visitor activity, or engage in water-intensive industries.
Posted February 24, 2015
The 4Q14 issue shows that bank earnings improved incrementally, but mainly because stronger credit quality fueled lower overhead and provision expense burdens; low interest rates continued to pressure margins.