Promoting a safe, sound, and stable banking and financial system, and fair and transparent financial services
First Glance 12L
The 3Q18 issue of First Glance 12L notes continued strong economic conditions and improved bank earnings and capital positions. However, deposit competition intensified, and on-balance sheet liquidity tightened. Surveys by various government and industry groups noted broad but cooling optimism about current conditions and some concern about forward trends.
Banks at a Glance – Bank Profiles by State
The 2Q18 Banks at a Glance reports are now available, highlighting key indicators of economic and banking conditions within each of the nine states comprising the 12th Federal Reserve District.
Federal Reserve System Publications
The lead article in this issue of Community Banking Connections discusses how culture drives a community bank’s mission. Other articles highlight revisions to the Federal Reserve’s risk management guidance and the risks of agricultural lending in challenging times. This issue also features the first CECL Corner, a new component that provides links to CECL resources and, in future issues, will discuss ways that community banks can better prepare for CECL.
First Glance 12L
The 2Q18 issue of First Glance 12L notes year-over-year improvements in earnings and capital ratios amid slower core deposit growth. The pace of employment gains remained comparatively strong, albeit cooler than in 1Q18 and 2Q17. Growing trade tensions could pose risks to employment growth and real estate demand in pockets.
Supervision in Brief
This issue of Supervision in Brief provides details on the San Francisco Fed’s presidential search process, summarizes key aspects of the recent financial regulatory reform law, highlights the Fed’s new vice chairman for supervision and his thinking on important monetary policy topics, and notes the latest economic conditions in the 12th District.
Recent developments in Argentina and Turkey have sparked concerns that other emerging market economies could be sitting on simmering vulnerabilities. A direct comparison of the region’s foreign debt finds that overall risk and apparent vulnerabilities are more contained in Asia relative to Argentina and Turkey. However, there are certain exposures in a handful of Asian economies that warrant close monitoring going forward.