+++ (dollar amounts in billions)
1994 1993 Total commercial real estate (a) $397.30 381.5 Annual percentage change 4.1 -0.5 Total commercial real estate as a % of total bank assets 9.91 10.29 Percentage noncurrent 2.85 4.68 Noncurrent as a % of equity capital 3.62 6.02 Percent charged off 0.59 1.23 Unsecured commercial real estate (b) $17.70 17.7 Annual percentage change -11.5 Percentage noncurrent 2.12 4.67 Percent charged off 0.64 1.78 Secured commercial real estate (c) $379.60 363.8 Annual percentage change 4.3 0.1 Secured commercial real estate as a % of total bank assets 9.46 9.82 Percentage noncurrent 2.88 4.68 Noncurrent as a % of equity capital 3.5 5.74 Percent charged off 0.59 1.2 Construction & land development loans $64.50 66.4
Annual percentage change -2.9 -15.6
Percentage noncurrent 4.14 8.18
Percent charged off 0.87 2.41 Multifamily residential mortgages $31.90 29.7
Annual percentage change 7.4 9.2
Percentage noncurrent 2.73 3.31
Percent charged off 0.51 0.78 Commercial properties (d) $283.20 267.7
Annual percentage change 5.8 3.9
Percentage noncurrent 2.61 3.96
Percent charged off 0.53 0.95 Other Real Estate Owned (e) $9.60 16.2 Annual percentage change -41 -38 Other Commercial Real Estate Owned (f) $7.40 12.9 Annual percentage change -42.8 -39.4 Set 2 of 3 Commercial Real Estate Lending by Banks: 1985-1994 (dollar amounts in billions)
1992 1991 1990 1989 1988 1987 Total commercia 383.5 399.2 N.A. N.A. N.A. N.A. Annual percenta -3.9 Total commercia 10.94 11.64 Percentage nonc 7.09 7.99 Noncurrent as a 10.32 13.76 Percent charged 2.09 1.94 Unsecured comme 20 23 N.A. N.A. N.A. N.A. Annual percenta -13 Percentage nonc 7.24 7.64 Percent charged 4.73 4.65 Secured commerc 363.5 376.2 385.3 371.4 335.7 305.1 Annual percenta -3.4 -2.4 3.8 10.6 10 16.1 Secured commerc 10.37 10.97 11.36 11.26 10.72 10.17 Percentage nonc 7.08 8.01 Noncurrent as a 9.77 13 Percent charged 1.94 1.77 Construction & 78.7 102.6 126.2 136 128.4 119.9
Annual perce -23.3 -18.7 -7.2 5.9 7.1 12.4
Percentage n 13.99 13.9
Percent char 3.71 3.02 Multifamily res 27.2 23.9 20.9 20 18.3 17.7
Annual perce 13.8 14.4 4.5 9.3 3.4 11.3
Percentage n 4.77 5.64
Percent char 1.5 2.01 Commercial prop 257.6 249.5 238.2 215.4 189 167.5
Annual perce 3.2 4.7 10.6 14 12.8 19.3
Percentage n 5.21 5.81
Percent char 1.45 1.24 Other Real Esta 26.3 27.5 21.6 13.8 11.4 11 Annual percenta -4.7 27.5 56.3 21.8 3.3 19.8 Other Commercia 21.3 Annual percenta Set 3 of 3
1986 1985 Total commercia N.A. N.A. Annual percenta Total commercia Percentage nonc Noncurrent as a Percent charged Unsecured comme N.A. N.A. Annual percenta Percentage nonc Percent charged Secured commerc 262.8 215.1 Annual percenta 22.2 17.5 Secured commerc 8.94 7.88 Percentage nonc Noncurrent as a Percent charged Construction & 106.7 89.2
Annual perce 19.6 17.2
Percentage n
Percent char Multifamily res 15.9 12.6
Annual perce 26.2 16.7
Percentage n
Percent char Commercial prop 140.4 113.3
Annual perce 23.9 17.9
Percentage n
Percent char Other Real Esta 9.2 7.2 Annual percenta 27.5 22.8 Other Commercia Annual percenta === Data Source: Data are from the Federal Deposit Insurance Corp., Washington, D.C. and are for all FDIC-insured commercial banks. (a)- The sum of domestically-booked secured and unsecured commercial real estate loans. (b)- Loans to finance commercial real estate, construction, and land development activities included in commercial & industrial loans and all other loans. (c)-The sum of domestically-booked construction and land development loans, multifamily residential mortgage loans, and loans secured by commercial properties. (d)- Loans secured by nonfarm, nonresidential properties. (e)- Reported on a consolidated basis. (f)- Domestically-booked secured commercial real estate owned by banks. N.A.- Not available. Compiled by American Banker, 1995.
