First Glance 12L
These quarterly reports highlight key indicators of 12th District banking conditions.
Posted November 30, 2018
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.
Posted August 28, 2018
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.
Posted May 31, 2018
The 1Q18 issue of First Glance 12L notes that wider net interest margins and lower taxes boosted bank earnings year-over-year amid slower loan growth. Job gains remained strong in most states, but housing demand continued to outstrip supply, lifting home prices, crimping affordability, and prompting outmigration in some markets.
Posted March 2, 2018
The 4Q17 issue of First Glance 12L notes that the Tax Cuts and Jobs Act of 2017 boosted optimism, but also prompted deferred tax asset write-downs and one-time bonuses at many banks. Although job and loan growth remained strong, increasingly tight labor and housing availability may constrain future growth.