First Glance 12L
These quarterly reports highlight key indicators of 12th District banking conditions.
Posted February 25, 2016
The 4Q15 issue of First Glance 12L shows District jobs expanded and overall bank credit quality improved notwithstanding economic slowing abroad and commodity and equity price volatility. Regardless, 2015 was marked by historic low net charge-off activity and may be tough to beat for credit performance metrics.
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.
Posted December 1, 2014
The 3Q14 issue of First Glance 12L shows accelerating bank loan growth in tandem with the expanding economy. Credit quality improved but low interest rates continued to pressure earnings
Posted September 11, 2014
The 2Q14 issue of First Glance 12L shows that conditions in the District continued to improve. Though trends are positive, a return to “normalcy” by pre-crisis standards has not yet materialized.
Posted May 23, 2014
The 1Q14 issue of First Glance 12L shows that many economic and banking metrics within the 12th District continue to get closer to “normal” levels (i.e., long-term non-recession average), but earnings challenges remain.
Posted February 28, 2014
The 4Q13 issue of First Glance 12L shows that many economic and banking metrics within the 12th District are getting close to “normal” levels (i.e., long-term non-recession average), but earnings and other challenges remain.
Posted November 27, 2013
The 3Q13 issue of First Glance 12L details the slow financial recovery being made by District banks. Loan growth has been a bright spot, up to 7% year-over-year on average, and problem loans further declined. However, narrow net interest margins constrained profitability gains.
Posted August 23, 2013
The 2Q13 issue of First Glance 12L suggests that the post-2008 liquidity buildup and deleveraging at District banks are now over. Loan growth is accelerating and problem loans are being worked down. Narrow margins continue to constrain profitability.
Posted May 22, 2013
The First Glance 12L provides a first look at the financial performance of the 12th Federal Reserve District banks each quarter. The 1Q13 report, subtitled “Banking Recovery Continues Despite Margin Pressures”, examines trends and conditions related to banks headquartered in the 12th Federal Reserve District (nine western states).
Posted February 21, 2013
The First Glance 12L provides a first look at the financial performance of the 12th Federal Reserve District banks each quarter. The 4Q12 report, “Solid Improvement, But Further To Go,” examines industry and 12th District trends over extended time periods with a focus on improvements since the financial crisis.
Posted November 21, 2012
The report, subtitled “The Banking Recovery Moved Forward”, tracks the recovery of 12th District banks from recession.
Posted August 20, 2012
The First Glance 12L provides a first look at the financial performance of banks in the West each quarter. The report, subtitled “Banks Recovering – But Still Have a Long Way to Go”, provides updated details on the recovery of District banks from the impact of the Great Recession.
Posted May 21, 2012
The First Glance 12L provides a first look at the financial performance of banks in the West each quarter. The 1Q12 report, subtitled “Banks Making Steady Progress Towards Full Recovery”, describes how banks of all sizes continued to reduce their average noncurrent loan rates with small banks lagging to some extent the improvement of larger banks.
Posted February 21, 2012
The First Glance 12L provides a first look at the financial performance of 12th Federal Reserve District banks each quarter. The latest report is subtitled “Better Than Expected Performance; Will Positive Momentum Continue?”