North Dakota has the nation's highest loan-to-deposit ratio for the third straight year, according to data federal regulators released Thursday.
In the 12-month period that ended June 12, North Dakota's ratio climbed 34 percentage points from the previous year, to 170%.
Delaware rose from third to second. Its ratio jumped 36 percentage points, to 149%. Nevada had the third-highest ratio (108%), followed by Arizona (106%), Wisconsin (105%), and Washington (103%). Notable changes included Indiana's fall from second to 21st. Its ratio dropped 25 percentage points, to 91%.
The Federal Deposit Insurance Corp., the Federal Reserve Board, and the Office of Comptroller of the Currency collect the ratios to ensure that banks comply with the Riegle-Neal Interstate Banking and Branching Act. Out-of-state banks must maintain loan-to-deposit ratios that are at least half the ratio of the host state.
