The April 2025 Senior Loan Officer Opinion Survey on Bank Lending Practices, Table 1

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

Table 1 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 Large Banks in the United States ¹

(Status of Policy as of April 2025)

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 - to large and middle-market firms and to small firms changed? (If your bank defines firm size differently from the categories suggested below, please use your definitions and indicate what they are.)

A. Standards for large and middle-market firms (annual sales of $50 million or more):

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	3	4.6	0	0.0	3	6.8
Tightened somewhat	10	15.4	2	9.5	8	18.2
Remained basically unchanged	51	78.5	18	85.7	33	75.0
Eased somewhat	1	1.5	1	4.8	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	65	100	21	100	44	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. Standards for small firms (annual sales of less than $50 million):

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	2	3.2	0	0.0	2	4.5
Tightened somewhat	9	14.3	1	5.3	8	18.2
Remained basically unchanged	51	81.0	17	89.5	34	77.3
Eased somewhat	1	1.6	1	5.3	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	63	100	19	100	44	100

For this question, 3 respondents answered "My bank does not originate C&I loans or credit lines to small firms."

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

A. Terms for large and middle-market firms (annual sales of $50 million or more):

a. Maximum size of credit lines

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	2	3.1	0	0.0	2	4.5
Tightened somewhat	8	12.3	2	9.5	6	13.6
Remained basically unchanged	54	83.1	18	85.7	36	81.8
Eased somewhat	1	1.5	1	4.8	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	65	100	21	100	44	100

b. Maximum maturity of loans or credit lines

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	3	4.9	1	5.0	2	4.9
Remained basically unchanged	57	93.4	19	95.0	38	92.7
Eased somewhat	1	1.6	0	0.0	1	2.4
Eased considerably	0	0.0	0	0.0	0	0.0
Total	61	100	20	100	41	100

c. Costs of credit lines

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	7	10.9	2	9.5	5	11.6
Remained basically unchanged	51	79.7	18	85.7	33	76.7
Eased somewhat	6	9.4	1	4.8	5	11.6
Eased considerably	0	0.0	0	0.0	0	0.0
Total	64	100	21	100	43	100

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

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	7	11.1	2	10.0	5	11.6
Remained basically unchanged	46	73.0	13	65.0	33	76.7
Eased somewhat	10	15.9	5	25.0	5	11.6
Eased considerably	0	0.0	0	0.0	0	0.0
Total	63	100	20	100	43	100

e. Premiums charged on riskier loans

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	10	16.1	2	10.0	8	19.0
Remained basically unchanged	50	80.6	17	85.0	33	78.6
Eased somewhat	2	3.2	1	5.0	1	2.4
Eased considerably	0	0.0	0	0.0	0	0.0
Total	62	100	20	100	42	100

f. Loan covenants

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	10	15.9	3	14.3	7	16.7
Remained basically unchanged	51	81.0	17	81.0	34	81.0
Eased somewhat	2	3.2	1	4.8	1	2.4
Eased considerably	0	0.0	0	0.0	0	0.0
Total	63	100	21	100	42	100

g. Collateralization requirements

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	7	11.1	1	5.0	6	14.0
Remained basically unchanged	55	87.3	19	95.0	36	83.7
Eased somewhat	1	1.6	0	0.0	1	2.3
Eased considerably	0	0.0	0	0.0	0	0.0
Total	63	100	20	100	43	100

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

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	1	1.7	0	0.0	1	2.4
Tightened somewhat	4	6.7	1	5.6	3	7.1
Remained basically unchanged	54	90.0	17	94.4	37	88.1
Eased somewhat	1	1.7	0	0.0	1	2.4
Eased considerably	0	0.0	0	0.0	0	0.0
Total	60	100	18	100	42	100

B. Terms for small firms (annual sales of less than $50 million):

a. Maximum size of credit lines

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	1	1.6	0	0.0	1	2.3
Tightened somewhat	9	14.8	3	16.7	6	14.0
Remained basically unchanged	51	83.6	15	83.3	36	83.7
Eased somewhat	0	0.0	0	0.0	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	61	100	18	100	43	100

b. Maximum maturity of loans or credit lines

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	3	5.0	1	5.6	2	4.8
Remained basically unchanged	56	93.3	17	94.4	39	92.9
Eased somewhat	1	1.7	0	0.0	1	2.4
Eased considerably	0	0.0	0	0.0	0	0.0
Total	60	100	18	100	42	100

c. Costs of credit lines

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	5	8.5	1	5.9	4	9.5
Remained basically unchanged	49	83.1	14	82.4	35	83.3
Eased somewhat	5	8.5	2	11.8	3	7.1
Eased considerably	0	0.0	0	0.0	0	0.0
Total	59	100	17	100	42	100

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

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	6	9.8	1	5.6	5	11.6
Remained basically unchanged	45	73.8	11	61.1	34	79.1
Eased somewhat	10	16.4	6	33.3	4	9.3
Eased considerably	0	0.0	0	0.0	0	0.0
Total	61	100	18	100	43	100

e. Premiums charged on riskier loans

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	6	9.8	1	5.6	5	11.6
Remained basically unchanged	53	86.9	16	88.9	37	86.0
Eased somewhat	2	3.3	1	5.6	1	2.3
Eased considerably	0	0.0	0	0.0	0	0.0
Total	61	100	18	100	43	100

f. Loan covenants

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	9	15.3	2	11.1	7	17.1
Remained basically unchanged	49	83.1	15	83.3	34	82.9
Eased somewhat	1	1.7	1	5.6	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	59	100	18	100	41	100

g. Collateralization requirements

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	7	11.7	1	5.9	6	14.0
Remained basically unchanged	53	88.3	16	94.1	37	86.0
Eased somewhat	0	0.0	0	0.0	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	60	100	17	100	43	100

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

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	1	1.7	0	0.0	1	2.4
Tightened somewhat	4	6.9	0	0.0	4	9.5
Remained basically unchanged	52	89.7	16	100.0	36	85.7
Eased somewhat	1	1.7	0	0.0	1	2.4
Eased considerably	0	0.0	0	0.0	0	0.0
Total	58	100	16	100	42	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 the following possible reasons been 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	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	21	87.5	5	100.0	16	84.2
Somewhat Important	2	8.3	0	0.0	2	10.5
Very Important	1	4.2	0	0.0	1	5.3
Total	24	100	5	100	19	100

b. Less favorable or more uncertain economic outlook

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	3	12.5	0	0.0	3	15.8
Somewhat Important	12	50.0	3	60.0	9	47.4
Very Important	9	37.5	2	40.0	7	36.8
Total	24	100	5	100	19	100

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

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	8	34.8	2	40.0	6	33.3
Somewhat Important	11	47.8	3	60.0	8	44.4
Very Important	4	17.4	0	0.0	4	22.2
Total	23	100	5	100	18	100

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

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	18	75.0	4	80.0	14	73.7
Somewhat Important	6	25.0	1	20.0	5	26.3
Very Important	0	0.0	0	0.0	0	0.0
Total	24	100	5	100	19	100

e. Reduced tolerance for risk

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	11	45.8	3	60.0	8	42.1
Somewhat Important	10	41.7	2	40.0	8	42.1
Very Important	3	12.5	0	0.0	3	15.8
Total	24	100	5	100	19	100

f. Decreased liquidity in the secondary market for these loans

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	19	79.2	4	80.0	15	78.9
Somewhat Important	3	12.5	0	0.0	3	15.8
Very Important	2	8.3	1	20.0	1	5.3
Total	24	100	5	100	19	100

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

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	22	91.7	5	100.0	17	89.5
Somewhat Important	2	8.3	0	0.0	2	10.5
Very Important	0	0.0	0	0.0	0	0.0
Total	24	100	5	100	19	100

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

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	7	29.2	1	20.0	6	31.6
Somewhat Important	11	45.8	3	60.0	8	42.1
Very Important	6	25.0	1	20.0	5	26.3
Total	24	100	5	100	19	100

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

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

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	8	57.1	4	66.7	4	50.0
Somewhat Important	5	35.7	1	16.7	4	50.0
Very Important	1	7.1	1	16.7	0	0.0
Total	14	100	6	100	8	100

b. More favorable or less uncertain economic outlook

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	11	78.6	6	100.0	5	62.5
Somewhat Important	2	14.3	0	0.0	2	25.0
Very Important	1	7.1	0	0.0	1	12.5
Total	14	100	6	100	8	100

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

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	11	84.6	5	83.3	6	85.7
Somewhat Important	2	15.4	1	16.7	1	14.3
Very Important	0	0.0	0	0.0	0	0.0
Total	13	100	6	100	7	100

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

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	2	13.3	0	0.0	2	25.0
Somewhat Important	9	60.0	4	57.1	5	62.5
Very Important	4	26.7	3	42.9	1	12.5
Total	15	100	7	100	8	100

e. Increased tolerance for risk

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	10	71.4	4	66.7	6	75.0
Somewhat Important	3	21.4	2	33.3	1	12.5
Very Important	1	7.1	0	0.0	1	12.5
Total	14	100	6	100	8	100

f. Increased liquidity in the secondary market for these loans

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	14	100.0	6	100.0	8	100.0
Somewhat Important	0	0.0	0	0.0	0	0.0
Very Important	0	0.0	0	0.0	0	0.0
Total	14	100	6	100	8	100

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

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	10	71.4	5	83.3	5	62.5
Somewhat Important	4	28.6	1	16.7	3	37.5
Very Important	0	0.0	0	0.0	0	0.0
Total	14	100	6	100	8	100

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

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	11	78.6	6	100.0	5	62.5
Somewhat Important	3	21.4	0	0.0	3	37.5
Very Important	0	0.0	0	0.0	0	0.0
Total	14	100	6	100	8	100

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.)

A. Demand for C&I loans from large and middle-market firms (annual sales of $50 million or more):

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Substantially stronger	0	0.0	0	0.0	0	0.0
Moderately stronger	5	7.8	1	4.8	4	9.3
About the same	41	64.1	15	71.4	26	60.5
Moderately weaker	17	26.6	4	19.0	13	30.2
Substantially weaker	1	1.6	1	4.8	0	0.0
Total	64	100	21	100	43	100

B. Demand for C&I loans from small firms (annual sales of less than $50 million):

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Substantially stronger	0	0.0	0	0.0	0	0.0
Moderately stronger	3	4.8	1	5.3	2	4.5
About the same	44	69.8	13	68.4	31	70.5
Moderately weaker	15	23.8	4	21.1	11	25.0
Substantially weaker	1	1.6	1	5.3	0	0.0
Total	63	100	19	100	44	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 the following possible reasons been for the change? (Please respond to either A, B, or both as appropriate.)

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

a. Customer inventory financing needs increased

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	1	20.0	1	100.0	0	0.0
Somewhat Important	4	80.0	0	0.0	4	100.0
Very Important	0	0.0	0	0.0	0	0.0
Total	5	100	1	100	4	100

b. Customer accounts receivable financing needs increased

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	1	20.0	1	100.0	0	0.0
Somewhat Important	4	80.0	0	0.0	4	100.0
Very Important	0	0.0	0	0.0	0	0.0
Total	5	100	1	100	4	100

c. Customer investment in plant or equipment increased

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	2	40.0	1	100.0	1	25.0
Somewhat Important	3	60.0	0	0.0	3	75.0
Very Important	0	0.0	0	0.0	0	0.0
Total	5	100	1	100	4	100

d. Customer internally generated funds decreased

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	3	60.0	1	100.0	2	50.0
Somewhat Important	2	40.0	0	0.0	2	50.0
Very Important	0	0.0	0	0.0	0	0.0
Total	5	100	1	100	4	100

e. Customer merger or acquisition financing needs increased

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	2	40.0	0	0.0	2	50.0
Somewhat Important	3	60.0	1	100.0	2	50.0
Very Important	0	0.0	0	0.0	0	0.0
Total	5	100	1	100	4	100

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

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	0	0.0	0	0.0	0	0.0
Somewhat Important	5	100.0	1	100.0	4	100.0
Very Important	0	0.0	0	0.0	0	0.0
Total	5	100	1	100	4	100

g. Customer precautionary demand for cash and liquidity increased

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	3	60.0	1	100.0	2	50.0
Somewhat Important	2	40.0	0	0.0	2	50.0
Very Important	0	0.0	0	0.0	0	0.0
Total	5	100	1	100	4	100

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

a. Customer inventory financing needs decreased

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	12	60.0	6	85.7	6	46.2
Somewhat Important	7	35.0	1	14.3	6	46.2
Very Important	1	5.0	0	0.0	1	7.7
Total	20	100	7	100	13	100

b. Customer accounts receivable financing needs decreased

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	12	60.0	6	85.7	6	46.2
Somewhat Important	7	35.0	1	14.3	6	46.2
Very Important	1	5.0	0	0.0	1	7.7
Total	20	100	7	100	13	100

c. Customer investment in plant or equipment decreased

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	2	10.0	2	28.6	0	0.0
Somewhat Important	9	45.0	3	42.9	6	46.2
Very Important	9	45.0	2	28.6	7	53.8
Total	20	100	7	100	13	100

d. Customer internally generated funds increased

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	13	65.0	6	85.7	7	53.8
Somewhat Important	7	35.0	1	14.3	6	46.2
Very Important	0	0.0	0	0.0	0	0.0
Total	20	100	7	100	13	100

e. Customer merger or acquisition financing needs decreased

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	5	25.0	2	28.6	3	23.1
Somewhat Important	10	50.0	3	42.9	7	53.8
Very Important	5	25.0	2	28.6	3	23.1
Total	20	100	7	100	13	100

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

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	12	60.0	4	57.1	8	61.5
Somewhat Important	7	35.0	3	42.9	4	30.8
Very Important	1	5.0	0	0.0	1	7.7
Total	20	100	7	100	13	100

g. Customer precautionary demand for cash and liquidity decreased

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not Important	11	55.0	6	85.7	5	38.5
Somewhat Important	7	35.0	1	14.3	6	46.2
Very Important	2	10.0	0	0.0	2	15.4
Total	20	100	7	100	13	100

6. At your bank, apart from 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	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
The number of inquiries has increased substantially	0	0.0	0	0.0	0	0.0
The number of inquiries has increased moderately	8	12.5	2	10.0	6	13.6
The number of inquiries has stayed about the same	37	57.8	12	60.0	25	56.8
The number of inquiries has decreased moderately	18	28.1	5	25.0	13	29.5
The number of inquiries has decreased substantially	1	1.6	1	5.0	0	0.0
Total	64	100	20	100	44	100

For this question, 1 respondent answered "My bank does not originate C&I lines of credit."

Questions 7-12 ask about changes in standards and demand over the past three months for three different types of commercial real estate (CRE) loans at your bank: construction and land development loans, loans secured by nonfarm nonresidential properties, and loans secured by multifamily residential properties. Please report changes in enforcement of existing policies as changes in policies.

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

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	3	4.8	0	0.0	3	6.8
Tightened somewhat	8	12.7	0	0.0	8	18.2
Remained basically unchanged	48	76.2	17	89.5	31	70.5
Eased somewhat	4	6.3	2	10.5	2	4.5
Eased considerably	0	0.0	0	0.0	0	0.0
Total	63	100	19	100	44	100

For this question, 2 respondents answered "My bank does not originate construction and land development loans or credit lines."

8. Over the past three months, how have your bank's credit standards for approving new applications for loans secured by nonfarm nonresidential properties changed?

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	10	15.6	0	0.0	10	22.7
Remained basically unchanged	51	79.7	20	100.0	31	70.5
Eased somewhat	3	4.7	0	0.0	3	6.8
Eased considerably	0	0.0	0	0.0	0	0.0
Total	64	100	20	100	44	100

For this question, 1 respondent answered "My bank does not originate loans secured by nonfarm nonresidential properties."

9. Over the past three months, how have your bank's credit standards for approving new applications for loans secured by multifamily residential properties changed?

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	2	3.2	0	0.0	2	4.7
Tightened somewhat	7	11.1	0	0.0	7	16.3
Remained basically unchanged	46	73.0	15	75.0	31	72.1
Eased somewhat	8	12.7	5	25.0	3	7.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	63	100	20	100	43	100

For this question, 2 respondents answered "My bank does not originate loans secured by multifamily residential properties."

10. Apart from normal seasonal variation, how has demand for construction and land development loans 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	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Substantially stronger	0	0.0	0	0.0	0	0.0
Moderately stronger	9	14.3	5	26.3	4	9.1
About the same	41	65.1	12	63.2	29	65.9
Moderately weaker	11	17.5	2	10.5	9	20.5
Substantially weaker	2	3.2	0	0.0	2	4.5
Total	63	100	19	100	44	100

11. Apart from normal seasonal variation, how has demand for loans secured by nonfarm nonresidential properties 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	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Substantially stronger	0	0.0	0	0.0	0	0.0
Moderately stronger	9	14.3	6	30.0	3	7.0
About the same	44	69.8	13	65.0	31	72.1
Moderately weaker	10	15.9	1	5.0	9	20.9
Substantially weaker	0	0.0	0	0.0	0	0.0
Total	63	100	20	100	43	100

12. Apart from normal seasonal variation, how has demand for loans secured by multifamily residential properties 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	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Substantially stronger	0	0.0	0	0.0	0	0.0
Moderately stronger	9	14.3	8	40.0	1	2.3
About the same	44	69.8	11	55.0	33	76.7
Moderately weaker	10	15.9	1	5.0	9	20.9
Substantially weaker	0	0.0	0	0.0	0	0.0
Total	63	100	20	100	43	100

Note: Beginning with the January 2015 survey, the loan categories referred to in the questions regarding changes in credit standards and demand for residential mortgage loans have been revised to reflect the Consumer Financial Protection Bureau's qualified mortgage rules.

Questions 13-14 ask about seven categories of residential mortgage loans at your bank: Government-Sponsored Enterprise eligible (GSE-eligible) residential mortgages, government residential mortgages, Qualified Mortgage non-jumbo non-GSE-eligible (QM non-jumbo, non-GSE-eligible) residential mortgages, QM jumbo residential mortgages, non-QM jumbo residential mortgages, non-QM non-jumbo residential mortgages, and subprime residential mortgages. For the purposes of this survey, please use the following definitions of these loan categories and include first-lien closed-end loans to purchase homes only. The loan categories have been defined so that every first-lien closed-end residential mortgage loan used for home purchase fits into one of the following seven categories:

The GSE-eligible category of residential mortgages includes loans that meet the underwriting guidelines, including loan limit amounts, of the GSEs - Fannie Mae and Freddie Mac.
The government category of residential mortgages includes loans that are insured by the Federal Housing Administration, guaranteed by the Department of Veterans Affairs, or originated under government programs, including the U.S. Department of Agriculture home loan programs.
The QM non-jumbo, non-GSE-eligible category of residential mortgages includes loans that satisfy the standards for a qualified mortgage and have loan balances that are below the loan limit amounts set by the GSEs but otherwise do not meet the GSE underwriting guidelines.
The QM jumbo category of residential mortgages includes loans that satisfy the standards for a qualified mortgage but have loan balances that are above the loan limit amount set by the GSEs.
The non-QM jumbo category of residential mortgages includes loans that do not satisfy the standards for a qualified mortgage and have loan balances that are above the loan limit amount set by the GSEs.
The non-QM non-jumbo category of residential mortgages includes loans that do not satisfy the standards for a qualified mortgage and have loan balances that are below the loan limit amount set by the GSEs.(Please exclude loans classified by your bank as subprime in this category.)
The subprime category of residential mortgages includes loans classified by your bank as subprime. This category typically includes loans made to borrowers with weakened credit histories that include payment delinquencies, charge-offs, judgements, and/or bankruptcies; reduced repayment capacity as measured by credit scores or debt-to-income ratios; or incomplete credit histories.

Question 13 deals with changes in your bank's credit standards for loans in each of the seven loan categories over the past three months. If your bank's credit standards have not changed over the relevant period, please report them as unchanged even if the standards are either restrictive or accommodative relative to longer-term norms. If your bank's credit standards 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.

Question 14 deals with changes in demand for loans in each of the seven loan categories over the past three months.

13. Over the past three months, how have your bank's credit standards for approving applications from individuals for mortgage loans to purchase homes changed? (Please consider only new originations as opposed to the refinancing of existing mortgages.)

A. Credit standards on mortgage loans that your bank categorizes as GSE-eligible residential mortgages have:

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	1	1.6	1	5.3	0	0.0
Remained basically unchanged	58	93.5	15	78.9	43	100.0
Eased somewhat	3	4.8	3	15.8	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	62	100	19	100	43	100

For this question, 5 respondents answered "My bank does not originate GSE-eligible residential mortgages."

B. Credit standards on mortgage loans that your bank categorizes as government residential mortgages have:

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	1	1.8	1	6.2	0	0.0
Remained basically unchanged	54	96.4	14	87.5	40	100.0
Eased somewhat	1	1.8	1	6.2	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	56	100	16	100	40	100

For this question, 10 respondents answered "My bank does not originate government residential mortgages."

C. Credit standards on mortgage loans that your bank categorizes as QM non-jumbo, non-GSE-eligible residential mortgages have:

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	3	5.0	2	11.1	1	2.4
Remained basically unchanged	56	93.3	16	88.9	40	95.2
Eased somewhat	1	1.7	0	0.0	1	2.4
Eased considerably	0	0.0	0	0.0	0	0.0
Total	60	100	18	100	42	100

For this question, 6 respondents answered "My bank does not originate QM non-jumbo, non-GSE-eligible residential mortgages."

D. Credit standards on mortgage loans that your bank categorizes as QM jumbo residential mortgages have:

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	5	8.1	2	10.5	3	7.0
Remained basically unchanged	54	87.1	15	78.9	39	90.7
Eased somewhat	3	4.8	2	10.5	1	2.3
Eased considerably	0	0.0	0	0.0	0	0.0
Total	62	100	19	100	43	100

For this question, 5 respondents answered "My bank does not originate QM jumbo residential mortgages."

E. Credit standards on mortgage loans that your bank categorizes as non-QM jumbo residential mortgages have:

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	1	1.9	0	0.0	1	2.8
Tightened somewhat	4	7.5	1	5.9	3	8.3
Remained basically unchanged	47	88.7	15	88.2	32	88.9
Eased somewhat	1	1.9	1	5.9	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	53	100	17	100	36	100

For this question, 13 respondents answered "My bank does not originate non-QM jumbo residential mortgages."

F. Credit standards on mortgage loans that your bank categorizes as non-QM non-jumbo residential mortgages have:

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	3	5.8	0	0.0	3	8.1
Remained basically unchanged	48	92.3	14	93.3	34	91.9
Eased somewhat	1	1.9	1	6.7	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	52	100	15	100	37	100

For this question, 15 respondents answered "My bank does not originate non-QM non-jumbo residential mortgages."

G. Credit standards on mortgage loans that your bank categorizes as subprime residential mortgages have:

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	0	0.0	0	0.0	0	0.0
Remained basically unchanged	14	100.0	1	100.0	13	100.0
Eased somewhat	0	0.0	0	0.0	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	14	100	1	100	13	100

For this question, 53 respondents answered "My bank does not originate subprime residential mortgages."

14. Apart from normal seasonal variation, how has demand for mortgages to purchase homes changed over the past three months? (Please consider only applications for new originations as opposed to applications for refinancing of existing mortgages.)

A. Demand for mortgages that your bank categorizes as GSE-eligible residential mortgages was:

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Substantially stronger	0	0.0	0	0.0	0	0.0
Moderately stronger	6	9.7	2	10.5	4	9.3
About the same	43	69.4	10	52.6	33	76.7
Moderately weaker	13	21.0	7	36.8	6	14.0
Substantially weaker	0	0.0	0	0.0	0	0.0
Total	62	100	19	100	43	100

B. Demand for mortgages that your bank categorizes as government residential mortgages was:

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Substantially stronger	0	0.0	0	0.0	0	0.0
Moderately stronger	4	7.0	1	6.2	3	7.3
About the same	45	78.9	12	75.0	33	80.5
Moderately weaker	6	10.5	2	12.5	4	9.8
Substantially weaker	2	3.5	1	6.2	1	2.4
Total	57	100	16	100	41	100

C. Demand for mortgages that your bank categorizes as QM non-jumbo, non-GSE-eligible residential mortgages was:

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Substantially stronger	0	0.0	0	0.0	0	0.0
Moderately stronger	5	8.2	2	11.1	3	7.0
About the same	45	73.8	10	55.6	35	81.4
Moderately weaker	9	14.8	5	27.8	4	9.3
Substantially weaker	2	3.3	1	5.6	1	2.3
Total	61	100	18	100	43	100

D. Demand for mortgages that your bank categorizes as QM jumbo residential mortgages was:

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Substantially stronger	0	0.0	0	0.0	0	0.0
Moderately stronger	8	13.1	2	10.5	6	14.3
About the same	44	72.1	12	63.2	32	76.2
Moderately weaker	8	13.1	4	21.1	4	9.5
Substantially weaker	1	1.6	1	5.3	0	0.0
Total	61	100	19	100	42	100

E. Demand for mortgages that your bank categorizes as non-QM jumbo residential mortgages was:

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Substantially stronger	0	0.0	0	0.0	0	0.0
Moderately stronger	6	11.3	3	17.6	3	8.3
About the same	37	69.8	9	52.9	28	77.8
Moderately weaker	9	17.0	5	29.4	4	11.1
Substantially weaker	1	1.9	0	0.0	1	2.8
Total	53	100	17	100	36	100

F. Demand for mortgages that your bank categorizes as non-QM non-jumbo residential mortgages was:

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Substantially stronger	0	0.0	0	0.0	0	0.0
Moderately stronger	4	7.8	1	7.1	3	8.1
About the same	36	70.6	8	57.1	28	75.7
Moderately weaker	11	21.6	5	35.7	6	16.2
Substantially weaker	0	0.0	0	0.0	0	0.0
Total	51	100	14	100	37	100

G. Demand for mortgages that your bank categorizes as subprime residential mortgages was:

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Substantially stronger	0	0.0	0	0.0	0	0.0
Moderately stronger	0	0.0	0	0.0	0	0.0
About the same	13	92.9	1	100.0	12	92.3
Moderately weaker	1	7.1	0	0.0	1	7.7
Substantially weaker	0	0.0	0	0.0	0	0.0
Total	14	100	1	100	13	100

Questions 15-16 ask about revolving home equity lines of credit at your bank. Question 15 deals with changes in your bank's credit standards over the past three months. Question 16 deals with changes in demand. If your bank's credit standards 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 credit standards 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.

15. Over the past three months, how have your bank's credit standards for approving applications for revolving home equity lines of credit changed?

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	3	5.1	0	0.0	3	7.1
Remained basically unchanged	54	91.5	15	88.2	39	92.9
Eased somewhat	2	3.4	2	11.8	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	59	100	17	100	42	100

For this question, 8 respondents answered "My bank does not originate revolving home equity lines of credit."

16. Apart from normal seasonal variation, how has demand for revolving home equity lines of credit 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	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Substantially stronger	0	0.0	0	0.0	0	0.0
Moderately stronger	8	13.6	4	23.5	4	9.5
About the same	48	81.4	12	70.6	36	85.7
Moderately weaker	3	5.1	1	5.9	2	4.8
Substantially weaker	0	0.0	0	0.0	0	0.0
Total	59	100	17	100	42	100

Questions 17-26 ask about consumer lending at your bank. Question 17 deals with changes in your bank's willingness to make consumer installment loans over the past three months. Questions 18-23 deal with changes in credit standards and loan terms over the same period. Questions 24-26 deal with changes in demand for consumer loans over the past three months. 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.

17. Please indicate your bank's willingness to make consumer installment loans now as opposed to three months ago. (This question covers the range of consumer installment loans defined as consumer loans with a set number of scheduled payments, such as auto loans, student loans, and personal loans. It does not cover credit cards and other types of revolving credit, nor mortgages, which are included under the residential real estate questions.)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Much more willing	0	0.0	0	0.0	0	0.0
Somewhat more willing	7	11.3	3	15.0	4	9.5
About unchanged	48	77.4	15	75.0	33	78.6
Somewhat less willing	7	11.3	2	10.0	5	11.9
Much less willing	0	0.0	0	0.0	0	0.0
Total	62	100	20	100	42	100

For this question, 7 respondents answered "My bank does not originate consumer installment loans."

18. Over the past three months, how have your bank's credit standards for approving applications for credit cards from individuals or households changed?

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	1	1.9	1	4.8	0	0.0
Tightened somewhat	4	7.4	1	4.8	3	9.1
Remained basically unchanged	47	87.0	17	81.0	30	90.9
Eased somewhat	2	3.7	2	9.5	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	54	100	21	100	33	100

For this question, 15 respondents answered "My bank does not originate credit card loans to individuals or households."

19. Over the past three months, how have your bank's credit standards for approving applications for auto loans to individuals or households changed? (Please include loans arising from retail sales of passenger cars and other vehicles such as minivans, vans, sport-utility vehicles, pickup trucks, and similar light trucks for personal use, whether new or used. Please exclude loans to finance fleet sales, personal cash loans secured by automobiles already paid for, loans to finance the purchase of commercial vehicles and farm equipment, and lease financing.)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	4	7.4	2	11.8	2	5.4
Remained basically unchanged	47	87.0	13	76.5	34	91.9
Eased somewhat	3	5.6	2	11.8	1	2.7
Eased considerably	0	0.0	0	0.0	0	0.0
Total	54	100	17	100	37	100

For this question, 15 respondents answered "My bank does not originate auto loans to individuals or households."

20. Over the past three months, how have your bank's credit standards for approving applications for consumer loans other than credit card and auto loans changed?

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	4	6.9	3	18.8	1	2.4
Remained basically unchanged	52	89.7	12	75.0	40	95.2
Eased somewhat	2	3.4	1	6.2	1	2.4
Eased considerably	0	0.0	0	0.0	0	0.0
Total	58	100	16	100	42	100

For this question, 11 respondents answered "My bank does not originate consumer loans other than credit card or auto loans."

21. Over the past three months, how has your bank changed the following terms and conditions on new or existing credit card accounts for individuals or households?

a. Credit limits

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	5	9.3	2	9.5	3	9.1
Remained basically unchanged	47	87.0	18	85.7	29	87.9
Eased somewhat	2	3.7	1	4.8	1	3.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	54	100	21	100	33	100

b. Spreads of interest rates charged on outstanding balances over your bank's cost of funds (wider spreads=tightened, narrower spreads=eased)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	3	5.6	1	4.8	2	6.1
Remained basically unchanged	49	90.7	19	90.5	30	90.9
Eased somewhat	2	3.7	1	4.8	1	3.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	54	100	21	100	33	100

c. Minimum percent of outstanding balances required to be repaid each month

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	1	1.9	0	0.0	1	3.0
Remained basically unchanged	52	96.3	21	100.0	31	93.9
Eased somewhat	1	1.9	0	0.0	1	3.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	54	100	21	100	33	100

d. Minimum required credit score (increased score=tightened, reduced score=eased)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	2	3.7	1	4.8	1	3.0
Remained basically unchanged	50	92.6	19	90.5	31	93.9
Eased somewhat	2	3.7	1	4.8	1	3.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	54	100	21	100	33	100

e. The extent to which loans are granted to some customers that do not meet credit scoring thresholds (increased=eased, decreased=tightened)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	4	7.4	1	4.8	3	9.1
Remained basically unchanged	48	88.9	19	90.5	29	87.9
Eased somewhat	2	3.7	1	4.8	1	3.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	54	100	21	100	33	100

22. Over the past three months, how has your bank changed the following terms and conditions on loans to individuals or households to purchase autos?

a. Maximum maturity

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	1	1.9	1	5.9	0	0.0
Remained basically unchanged	52	96.3	16	94.1	36	97.3
Eased somewhat	1	1.9	0	0.0	1	2.7
Eased considerably	0	0.0	0	0.0	0	0.0
Total	54	100	17	100	37	100

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

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	5	9.3	4	23.5	1	2.7
Remained basically unchanged	44	81.5	12	70.6	32	86.5
Eased somewhat	5	9.3	1	5.9	4	10.8
Eased considerably	0	0.0	0	0.0	0	0.0
Total	54	100	17	100	37	100

c. Minimum required down payment (higher=tightened, lower=eased)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	2	3.7	0	0.0	2	5.4
Remained basically unchanged	49	90.7	16	94.1	33	89.2
Eased somewhat	3	5.6	1	5.9	2	5.4
Eased considerably	0	0.0	0	0.0	0	0.0
Total	54	100	17	100	37	100

d. Minimum required credit score (increased score=tightened, reduced score=eased)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	3	5.6	1	5.9	2	5.4
Remained basically unchanged	48	88.9	14	82.4	34	91.9
Eased somewhat	3	5.6	2	11.8	1	2.7
Eased considerably	0	0.0	0	0.0	0	0.0
Total	54	100	17	100	37	100

e. The extent to which loans are granted to some customers that do not meet credit scoring thresholds (increased=eased, decreased=tightened)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	4	7.4	1	5.9	3	8.1
Remained basically unchanged	47	87.0	14	82.4	33	89.2
Eased somewhat	3	5.6	2	11.8	1	2.7
Eased considerably	0	0.0	0	0.0	0	0.0
Total	54	100	17	100	37	100

23. Over the past three months, how has your bank changed the following terms and conditions on consumer loans other than credit card and auto loans?

a. Maximum maturity

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	1	1.7	0	0.0	1	2.4
Remained basically unchanged	56	96.6	16	100.0	40	95.2
Eased somewhat	1	1.7	0	0.0	1	2.4
Eased considerably	0	0.0	0	0.0	0	0.0
Total	58	100	16	100	42	100

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

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	1	1.7	0	0.0	1	2.4
Remained basically unchanged	53	91.4	14	87.5	39	92.9
Eased somewhat	4	6.9	2	12.5	2	4.8
Eased considerably	0	0.0	0	0.0	0	0.0
Total	58	100	16	100	42	100

c. Minimum required down payment (higher=tightened, lower=eased)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	2	3.4	1	6.2	1	2.4
Remained basically unchanged	54	93.1	15	93.8	39	92.9
Eased somewhat	2	3.4	0	0.0	2	4.8
Eased considerably	0	0.0	0	0.0	0	0.0
Total	58	100	16	100	42	100

d. Minimum required credit score (increased score=tightened, reduced score=eased)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	4	6.9	2	12.5	2	4.8
Remained basically unchanged	52	89.7	13	81.2	39	92.9
Eased somewhat	2	3.4	1	6.2	1	2.4
Eased considerably	0	0.0	0	0.0	0	0.0
Total	58	100	16	100	42	100

e. The extent to which loans are granted to some customers that do not meet credit scoring thresholds (increased=eased, decreased=tightened)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	4	6.9	2	12.5	2	4.8
Remained basically unchanged	53	91.4	14	87.5	39	92.9
Eased somewhat	1	1.7	0	0.0	1	2.4
Eased considerably	0	0.0	0	0.0	0	0.0
Total	58	100	16	100	42	100

24. Apart from normal seasonal variation, how has demand from individuals or households for credit card loans changed over the past three months?

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Substantially stronger	0	0.0	0	0.0	0	0.0
Moderately stronger	3	5.6	1	4.8	2	6.1
About the same	40	74.1	15	71.4	25	75.8
Moderately weaker	11	20.4	5	23.8	6	18.2
Substantially weaker	0	0.0	0	0.0	0	0.0
Total	54	100	21	100	33	100

25. Apart from normal seasonal variation, how has demand from individuals or households for auto loans changed over the past three months?

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Substantially stronger	0	0.0	0	0.0	0	0.0
Moderately stronger	8	15.1	3	17.6	5	13.9
About the same	35	66.0	11	64.7	24	66.7
Moderately weaker	10	18.9	3	17.6	7	19.4
Substantially weaker	0	0.0	0	0.0	0	0.0
Total	53	100	17	100	36	100

26. Apart from normal seasonal variation, how has demand from individuals or households for consumer loans other than credit card and auto loans changed over the past three months?

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Substantially stronger	0	0.0	0	0.0	0	0.0
Moderately stronger	4	6.9	2	12.5	2	4.8
About the same	41	70.7	8	50.0	33	78.6
Moderately weaker	13	22.4	6	37.5	7	16.7
Substantially weaker	0	0.0	0	0.0	0	0.0
Total	58	100	16	100	42	100

Questions 27-30 ask how your bank has changed its lending policies over the past year for three different types of commercial real estate (CRE) loans: construction and land development loans, loans secured by nonfarm nonresidential properties, and loans secured by multifamily residential properties. Question 31 asks about changes in demand for CRE loans over the past year.

27. Over the past year, how has your bank changed the following policies on construction and land development loans?

a. Maximum loan size

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	1	1.6	0	0.0	1	2.2
Tightened somewhat	5	7.9	2	11.1	3	6.7
Remained basically unchanged	48	76.2	11	61.1	37	82.2
Eased somewhat	9	14.3	5	27.8	4	8.9
Eased considerably	0	0.0	0	0.0	0	0.0
Total	63	100	18	100	45	100

b. Maximum loan maturity

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	5	8.1	1	5.6	4	9.1
Remained basically unchanged	55	88.7	17	94.4	38	86.4
Eased somewhat	2	3.2	0	0.0	2	4.5
Eased considerably	0	0.0	0	0.0	0	0.0
Total	62	100	18	100	44	100

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

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	1	1.6	0	0.0	1	2.2
Tightened somewhat	12	19.0	1	5.6	11	24.4
Remained basically unchanged	34	54.0	9	50.0	25	55.6
Eased somewhat	14	22.2	7	38.9	7	15.6
Eased considerably	2	3.2	1	5.6	1	2.2
Total	63	100	18	100	45	100

d. Loan-to-value ratios (lower ratios=tightened, higher ratios=eased)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	1	1.6	0	0.0	1	2.2
Tightened somewhat	12	19.0	1	5.6	11	24.4
Remained basically unchanged	47	74.6	16	88.9	31	68.9
Eased somewhat	3	4.8	1	5.6	2	4.4
Eased considerably	0	0.0	0	0.0	0	0.0
Total	63	100	18	100	45	100

e. Debt service coverage ratios (higher ratios=tightened, lower ratios=eased)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	11	17.5	2	11.1	9	20.0
Remained basically unchanged	47	74.6	14	77.8	33	73.3
Eased somewhat	5	7.9	2	11.1	3	6.7
Eased considerably	0	0.0	0	0.0	0	0.0
Total	63	100	18	100	45	100

f. Market areas served (reduced market areas=tightened, expanded market areas=eased)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	1	1.6	0	0.0	1	2.2
Tightened somewhat	4	6.5	0	0.0	4	8.9
Remained basically unchanged	54	87.1	16	94.1	38	84.4
Eased somewhat	3	4.8	1	5.9	2	4.4
Eased considerably	0	0.0	0	0.0	0	0.0
Total	62	100	17	100	45	100

g. Length of interest-only payment period (shorter interest-only periods=tightened, longer interest-only periods=eased)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	7	11.1	2	11.1	5	11.1
Remained basically unchanged	49	77.8	16	88.9	33	73.3
Eased somewhat	7	11.1	0	0.0	7	15.6
Eased considerably	0	0.0	0	0.0	0	0.0
Total	63	100	18	100	45	100

For this question, 3 respondents answered "My bank does not originate construction and land development loans"

28. Over the past year, how has your bank changed the following policies on loans secured by all nonfarm-nonresidential properties?

a. Maximum loan size

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	5	7.8	2	10.5	3	6.7
Remained basically unchanged	53	82.8	14	73.7	39	86.7
Eased somewhat	6	9.4	3	15.8	3	6.7
Eased considerably	0	0.0	0	0.0	0	0.0
Total	64	100	19	100	45	100

b. Maximum loan maturity

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	5	7.9	3	16.7	2	4.4
Remained basically unchanged	55	87.3	15	83.3	40	88.9
Eased somewhat	3	4.8	0	0.0	3	6.7
Eased considerably	0	0.0	0	0.0	0	0.0
Total	63	100	18	100	45	100

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

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	13	20.6	2	10.5	11	25.0
Remained basically unchanged	37	58.7	11	57.9	26	59.1
Eased somewhat	11	17.5	5	26.3	6	13.6
Eased considerably	2	3.2	1	5.3	1	2.3
Total	63	100	19	100	44	100

d. Loan-to-value ratios (lower ratios=tightened, higher ratios=eased)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	16	25.0	3	15.8	13	28.9
Remained basically unchanged	45	70.3	16	84.2	29	64.4
Eased somewhat	3	4.7	0	0.0	3	6.7
Eased considerably	0	0.0	0	0.0	0	0.0
Total	64	100	19	100	45	100

e. Debt service coverage ratios (higher ratios=tightened, lower ratios=eased)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	12	18.8	3	15.8	9	20.0
Remained basically unchanged	49	76.6	16	84.2	33	73.3
Eased somewhat	3	4.7	0	0.0	3	6.7
Eased considerably	0	0.0	0	0.0	0	0.0
Total	64	100	19	100	45	100

f. Market areas served (reduced market areas=tightened, expanded market areas=eased)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	4	6.3	1	5.3	3	6.8
Remained basically unchanged	56	88.9	17	89.5	39	88.6
Eased somewhat	3	4.8	1	5.3	2	4.5
Eased considerably	0	0.0	0	0.0	0	0.0
Total	63	100	19	100	44	100

g. Length of interest-only payment period (shorter interest-only periods=tightened, longer interest-only periods=eased)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	10	15.9	3	15.8	7	15.9
Remained basically unchanged	48	76.2	16	84.2	32	72.7
Eased somewhat	5	7.9	0	0.0	5	11.4
Eased considerably	0	0.0	0	0.0	0	0.0
Total	63	100	19	100	44	100

For this question, 2 respondents answered "My bank does not originate nonfarm-nonresidential loans"

29. Over the past year, how has your bank changed the following policies on loans secured by multifamily residential properties?

a. Maximum loan size

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	7	11.1	2	10.5	5	11.4
Remained basically unchanged	46	73.0	11	57.9	35	79.5
Eased somewhat	10	15.9	6	31.6	4	9.1
Eased considerably	0	0.0	0	0.0	0	0.0
Total	63	100	19	100	44	100

b. Maximum loan maturity

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	5	8.1	3	16.7	2	4.5
Remained basically unchanged	53	85.5	14	77.8	39	88.6
Eased somewhat	4	6.5	1	5.6	3	6.8
Eased considerably	0	0.0	0	0.0	0	0.0
Total	62	100	18	100	44	100

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

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	13	20.6	2	10.5	11	25.0
Remained basically unchanged	34	54.0	9	47.4	25	56.8
Eased somewhat	14	22.2	7	36.8	7	15.9
Eased considerably	2	3.2	1	5.3	1	2.3
Total	63	100	19	100	44	100

d. Loan-to-value ratios (lower ratios=tightened, higher ratios=eased)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	15	24.2	1	5.3	14	32.6
Remained basically unchanged	42	67.7	16	84.2	26	60.5
Eased somewhat	5	8.1	2	10.5	3	7.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	62	100	19	100	43	100

e. Debt service coverage ratios (higher ratios=tightened, lower ratios=eased)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	12	19.7	3	17.6	9	20.5
Remained basically unchanged	43	70.5	12	70.6	31	70.5
Eased somewhat	6	9.8	2	11.8	4	9.1
Eased considerably	0	0.0	0	0.0	0	0.0
Total	61	100	17	100	44	100

f. Market areas served (reduced market areas=tightened, expanded market areas=eased)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	8	12.7	1	5.3	7	15.9
Remained basically unchanged	53	84.1	18	94.7	35	79.5
Eased somewhat	2	3.2	0	0.0	2	4.5
Eased considerably	0	0.0	0	0.0	0	0.0
Total	63	100	19	100	44	100

g. Length of interest-only payment period (shorter interest-only periods=tightened, longer interest-only periods=eased)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	0	0.0	0	0.0	0	0.0
Tightened somewhat	8	13.3	3	17.6	5	11.6
Remained basically unchanged	45	75.0	12	70.6	33	76.7
Eased somewhat	7	11.7	2	11.8	5	11.6
Eased considerably	0	0.0	0	0.0	0	0.0
Total	60	100	17	100	43	100

For this question, 3 respondents answered "My bank does not originate multifamily loans"

30. If your bank has tightened or eased its credit policies for CRE loans over the past year (as described in questions 27-29 above), how important have the following possible reasons been for the change? (Please respond to either A, B, or both as appropriate.)

A. Possible reasons for tightening credit policies on CRE loans over the past year (where tightening corresponds to answers 1 or 2 in questions 27-29 above):

a. Less favorable or more uncertain outlook for CRE property prices

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	3	10.3	0	0.0	3	13.6
Somewhat important	19	65.5	7	100.0	12	54.5
Very important	7	24.1	0	0.0	7	31.8
Total	29	100	7	100	22	100

b. Less favorable or more uncertain outlook for market rents on CRE properties

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	4	13.8	1	14.3	3	13.6
Somewhat important	17	58.6	5	71.4	12	54.5
Very important	8	27.6	1	14.3	7	31.8
Total	29	100	7	100	22	100

c. Less favorable or more uncertain outlook for vacancy rates on CRE properties

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	3	10.3	0	0.0	3	13.6
Somewhat important	16	55.2	6	85.7	10	45.5
Very important	10	34.5	1	14.3	9	40.9
Total	29	100	7	100	22	100

d. Less favorable or more uncertain outlook for delinquency rates on mortgages backed by CRE properties

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	10	34.5	2	28.6	8	36.4
Somewhat important	17	58.6	5	71.4	12	54.5
Very important	2	6.9	0	0.0	2	9.1
Total	29	100	7	100	22	100

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

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	19	65.5	5	71.4	14	63.6
Somewhat important	7	24.1	2	28.6	5	22.7
Very important	3	10.3	0	0.0	3	13.6
Total	29	100	7	100	22	100

f. Reduced tolerance for risk

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	13	44.8	2	28.6	11	50.0
Somewhat important	12	41.4	5	71.4	7	31.8
Very important	4	13.8	0	0.0	4	18.2
Total	29	100	7	100	22	100

g. Decreased ability to securitize CRE loans

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	25	86.2	7	100.0	18	81.8
Somewhat important	3	10.3	0	0.0	3	13.6
Very important	1	3.4	0	0.0	1	4.5
Total	29	100	7	100	22	100

h. Increased concerns about my bank's capital adequacy or liquidity position

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	23	79.3	6	85.7	17	77.3
Somewhat important	5	17.2	1	14.3	4	18.2
Very important	1	3.4	0	0.0	1	4.5
Total	29	100	7	100	22	100

i. Increased concerns about the effects of regulatory changes or supervisory actions

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	16	55.2	5	71.4	11	50.0
Somewhat important	9	31.0	2	28.6	7	31.8
Very important	4	13.8	0	0.0	4	18.2
Total	29	100	7	100	22	100

B. Possible reasons for easing credit policies on CRE loans over the past year (where easing corresponds to answers 4 or 5 in questions 27-29 above):

a. More favorable or less uncertain outlook for CRE property prices

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	13	54.2	3	30.0	10	71.4
Somewhat important	9	37.5	6	60.0	3	21.4
Very important	2	8.3	1	10.0	1	7.1
Total	24	100	10	100	14	100

b. More favorable or less uncertain outlook for market rents on CRE properties

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	11	45.8	2	20.0	9	64.3
Somewhat important	11	45.8	7	70.0	4	28.6
Very important	2	8.3	1	10.0	1	7.1
Total	24	100	10	100	14	100

c. More favorable or less uncertain outlook for vacancy rates on CRE properties

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	14	58.3	3	30.0	11	78.6
Somewhat important	7	29.2	5	50.0	2	14.3
Very important	3	12.5	2	20.0	1	7.1
Total	24	100	10	100	14	100

d. More favorable or less uncertain outlook for delinquency rates on mortgages backed by CRE properties

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	15	62.5	5	50.0	10	71.4
Somewhat important	7	29.2	3	30.0	4	28.6
Very important	2	8.3	2	20.0	0	0.0
Total	24	100	10	100	14	100

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

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	1	4.3	0	0.0	1	7.7
Somewhat important	10	43.5	4	40.0	6	46.2
Very important	12	52.2	6	60.0	6	46.2
Total	23	100	10	100	13	100

f. Increased tolerance for risk

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	19	79.2	8	80.0	11	78.6
Somewhat important	4	16.7	2	20.0	2	14.3
Very important	1	4.2	0	0.0	1	7.1
Total	24	100	10	100	14	100

g. Increased ability to securitize CRE loans

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	21	87.5	7	70.0	14	100.0
Somewhat important	3	12.5	3	30.0	0	0.0
Very important	0	0.0	0	0.0	0	0.0
Total	24	100	10	100	14	100

h. Reduced concerns about my bank's capital adequacy or liquidity position

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	19	79.2	8	80.0	11	78.6
Somewhat important	4	16.7	1	10.0	3	21.4
Very important	1	4.2	1	10.0	0	0.0
Total	24	100	10	100	14	100

i. Reduced concerns about the effects of regulatory changes or supervisory actions

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	21	87.5	8	80.0	13	92.9
Somewhat important	3	12.5	2	20.0	1	7.1
Very important	0	0.0	0	0.0	0	0.0
Total	24	100	10	100	14	100

31. If demand for CRE loans from your bank has strengthened or weakened over the past year, 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 stronger CRE loan demand over the past year:

a. Customer acquisition or development of properties increased

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	20	46.5	4	30.8	16	53.3
Somewhat important	21	48.8	9	69.2	12	40.0
Very important	2	4.7	0	0.0	2	6.7
Total	43	100	13	100	30	100

b. Customer refinancing of maturing loans increased

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	13	29.5	2	15.4	11	35.5
Somewhat important	25	56.8	9	69.2	16	51.6
Very important	6	13.6	2	15.4	4	12.9
Total	44	100	13	100	31	100

c. Customer outlook for rental demand became more favorable or less uncertain

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	28	63.6	9	69.2	19	61.3
Somewhat important	13	29.5	3	23.1	10	32.3
Very important	3	6.8	1	7.7	2	6.5
Total	44	100	13	100	31	100

d. General level of interest rates decreased

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	22	50.0	3	23.1	19	61.3
Somewhat important	15	34.1	7	53.8	8	25.8
Very important	7	15.9	3	23.1	4	12.9
Total	44	100	13	100	31	100

e. Customer internally generated funds decreased

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	33	75.0	12	92.3	21	67.7
Somewhat important	8	18.2	1	7.7	7	22.6
Very important	3	6.8	0	0.0	3	9.7
Total	44	100	13	100	31	100

f. Customer borrowing shifted to your bank from other banks

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	28	63.6	11	84.6	17	54.8
Somewhat important	11	25.0	2	15.4	9	29.0
Very important	5	11.4	0	0.0	5	16.1
Total	44	100	13	100	31	100

g. Customer borrowing shifted to your bank from nonbank sources (e.g., CMBS, insurers, or debt funds)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	30	68.2	11	84.6	19	61.3
Somewhat important	12	27.3	2	15.4	10	32.3
Very important	2	4.5	0	0.0	2	6.5
Total	44	100	13	100	31	100

h. Customer borrowing shifted to your bank from alternatives to CRE-backed funding (e.g., unsecured debt or internal funding)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	32	72.7	9	69.2	23	74.2
Somewhat important	11	25.0	4	30.8	7	22.6
Very important	1	2.3	0	0.0	1	3.2
Total	44	100	13	100	31	100

i. Customer precautionary demand for cash and liquidity increased

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	29	65.9	10	76.9	19	61.3
Somewhat important	14	31.8	3	23.1	11	35.5
Very important	1	2.3	0	0.0	1	3.2
Total	44	100	13	100	31	100

B. Possible reasons for weaker CRE loan demand over the past year:

a. Customer acquisition or development of properties decreased

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	12	32.4	4	50.0	8	27.6
Somewhat important	20	54.1	4	50.0	16	55.2
Very important	5	13.5	0	0.0	5	17.2
Total	37	100	8	100	29	100

b. Customer refinancing of maturing loans decreased

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	21	56.8	6	75.0	15	51.7
Somewhat important	12	32.4	2	25.0	10	34.5
Very important	4	10.8	0	0.0	4	13.8
Total	37	100	8	100	29	100

c. Customer outlook for rental demand became less favorable or more uncertain

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	15	41.7	5	62.5	10	35.7
Somewhat important	17	47.2	3	37.5	14	50.0
Very important	4	11.1	0	0.0	4	14.3
Total	36	100	8	100	28	100

d. General level of interest rates increased

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	15	40.5	4	50.0	11	37.9
Somewhat important	17	45.9	3	37.5	14	48.3
Very important	5	13.5	1	12.5	4	13.8
Total	37	100	8	100	29	100

e. Customer internally generated funds increased

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	27	73.0	7	87.5	20	69.0
Somewhat important	8	21.6	1	12.5	7	24.1
Very important	2	5.4	0	0.0	2	6.9
Total	37	100	8	100	29	100

f. Customer borrowing shifted from your bank to other banks

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	21	56.8	4	50.0	17	58.6
Somewhat important	14	37.8	4	50.0	10	34.5
Very important	2	5.4	0	0.0	2	6.9
Total	37	100	8	100	29	100

g. Customer borrowing shifted from your bank to nonbank sources (e.g., CMBS, insurers, or debt funds)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	17	45.9	2	25.0	15	51.7
Somewhat important	15	40.5	4	50.0	11	37.9
Very important	5	13.5	2	25.0	3	10.3
Total	37	100	8	100	29	100

h. Customer borrowing shifted from your bank to alternatives to CRE-backed funding (e.g., unsecured debt or internal funding)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	21	56.8	4	50.0	17	58.6
Somewhat important	15	40.5	4	50.0	11	37.9
Very important	1	2.7	0	0.0	1	3.4
Total	37	100	8	100	29	100

i. Customer precautionary demand for cash and liquidity decreased

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	24	64.9	7	87.5	17	58.6
Somewhat important	11	29.7	1	12.5	10	34.5
Very important	2	5.4	0	0.0	2	6.9
Total	37	100	8	100	29	100

Questions 32-33 ask how your bank has changed its lending policies over the past year specifically for the type of CRE loans secured by nonfarm nonresidential office properties .

32. Over the past year, how has your bank changed the following policies on CRE loans secured by nonfarm nonresidential office properties ?

a. Maximum loan size

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	14	25.0	4	22.2	10	26.3
Tightened somewhat	10	17.9	2	11.1	8	21.1
Remained basically unchanged	32	57.1	12	66.7	20	52.6
Eased somewhat	0	0.0	0	0.0	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	56	100	18	100	38	100

b. Maximum loan maturity

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	9	16.4	3	16.7	6	16.2
Tightened somewhat	8	14.5	4	22.2	4	10.8
Remained basically unchanged	38	69.1	11	61.1	27	73.0
Eased somewhat	0	0.0	0	0.0	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	55	100	18	100	37	100

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

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	12	21.4	4	22.2	8	21.1
Tightened somewhat	14	25.0	5	27.8	9	23.7
Remained basically unchanged	30	53.6	9	50.0	21	55.3
Eased somewhat	0	0.0	0	0.0	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	56	100	18	100	38	100

d. Loan-to-value ratios (lower ratios=tightened, higher ratios=eased)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	12	21.8	5	27.8	7	18.9
Tightened somewhat	17	30.9	4	22.2	13	35.1
Remained basically unchanged	26	47.3	9	50.0	17	45.9
Eased somewhat	0	0.0	0	0.0	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	55	100	18	100	37	100

e. Debt service coverage ratios (higher ratios=tightened, lower ratios=eased)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	11	19.6	4	22.2	7	18.4
Tightened somewhat	20	35.7	5	27.8	15	39.5
Remained basically unchanged	25	44.6	9	50.0	16	42.1
Eased somewhat	0	0.0	0	0.0	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	56	100	18	100	38	100

f. Market areas served (reduced market areas=tightened, expanded market areas=eased)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	14	25.0	4	22.2	10	26.3
Tightened somewhat	8	14.3	3	16.7	5	13.2
Remained basically unchanged	34	60.7	11	61.1	23	60.5
Eased somewhat	0	0.0	0	0.0	0	0.0
Eased considerably	0	0.0	0	0.0	0	0.0
Total	56	100	18	100	38	100

g. Length of interest-only payment period (shorter interest-only periods=tightened, longer interest-only periods=eased)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Tightened considerably	11	20.0	4	23.5	7	18.4
Tightened somewhat	10	18.2	4	23.5	6	15.8
Remained basically unchanged	33	60.0	9	52.9	24	63.2
Eased somewhat	1	1.8	0	0.0	1	2.6
Eased considerably	0	0.0	0	0.0	0	0.0
Total	55	100	17	100	38	100

For this question, 8 respondents answered "My bank does not originate office loans"

33. If your bank has tightened or eased its credit policies for CRE loans secured by nonfarm nonresidential office properties over the past year (as described in question 32 above), how important have the following possible reasons been for the change? (Please respond to either A, B or both as appropriate.)

A. Possible reasons for tightening credit policies on office loans over the past year (where tightening corresponds to answers 1 or 2 in question 32 above):

a. Less favorable or more uncertain outlook for office property prices

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	2	6.1	0	0.0	2	8.3
Somewhat important	8	24.2	1	11.1	7	29.2
Very important	23	69.7	8	88.9	15	62.5
Total	33	100	9	100	24	100

b. Less favorable or more uncertain outlook for market rents on office properties

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	2	6.1	0	0.0	2	8.3
Somewhat important	8	24.2	2	22.2	6	25.0
Very important	23	69.7	7	77.8	16	66.7
Total	33	100	9	100	24	100

c. Less favorable or more uncertain outlook for vacancy rates on office properties

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	2	6.1	0	0.0	2	8.3
Somewhat important	8	24.2	2	22.2	6	25.0
Very important	23	69.7	7	77.8	16	66.7
Total	33	100	9	100	24	100

d. Less favorable or more uncertain outlook for delinquency rates on mortgages backed by office properties

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	3	9.1	0	0.0	3	12.5
Somewhat important	12	36.4	2	22.2	10	41.7
Very important	18	54.5	7	77.8	11	45.8
Total	33	100	9	100	24	100

e. Less aggressive competition from other banks or nonbank financial institutions for loans secured by office properties (other financial intermediaries or the capital markets)

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	19	57.6	6	66.7	13	54.2
Somewhat important	10	30.3	3	33.3	7	29.2
Very important	4	12.1	0	0.0	4	16.7
Total	33	100	9	100	24	100

f. Reduced tolerance for risk for loans secured by office properties

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	3	9.1	1	11.1	2	8.3
Somewhat important	9	27.3	1	11.1	8	33.3
Very important	21	63.6	7	77.8	14	58.3
Total	33	100	9	100	24	100

g. Decreased ability to securitize loans secured by office properties

	Banks	Percent	Banks	Percent	Banks	Percent
	All Respondents		Large Banks		Other Banks
Not important	24	75.0	6	66.7	18	78.3
Somewhat important	4	12.5	2	22.2	2	8.7
Very important	4	12.5	1	11.1	3	13.0
Total	32	100	9	100	23	100

B. Possible reasons for easing credit policies on office loans over the past year (where easing corresponds to answers 4 or 5 in question 32 above):

a. More favorable or less uncertain outlook for office property prices