The level of problem loans compared with the resources banks have to cover loan losses improved by a small amount (81 basis points) in the second quarter. At 8.72 percent,
Profitability measures changed little in the quarter.
The state's median annual rate of loan growth increased 34 basis points to 4.96 percent this quarter, a very small change by historical standards. The year-over-year change in the amount of outstanding loans remains somewhat below the 5.62 percent median rate for the nation as a whole.
Measures of liquidity and capital remain at healthy levels despite small steps backward in the quarter. The state's total risk-based capital ratio stands at 15.61 percent after an 8-basis-point decrease. The median use of noncore funding (in contrast to more stable bank deposits) stands at 13.57 percent of liabilities. Both are strong, by historical standards.
Additional data on the characteristics of banks in the region and definitions and explanations of these data [pdf] (https://www.minneapolisfed.org/pubs/news/2014/ninth_district_bank_operations_sept_2014.pdf)
More details on banking conditions can be found on the following page: Banking Conditions in Ninth District States (https://www.minneapolisfed.org/banking/data/bankingconditions/index.cfm).
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