WASHINGTON — Hurricane Sandy's impact on the banking system appears to be relatively light, though the full damage toll is not yet clear, according to a report released Wednesday by the Federal Reserve Board.

In its periodic economic survey known as the Beige Book, the Fed asked bankers in the New York district whether they had seen a significant impact on their business as a result of the October storm. Half said they hadn't, though many hastened to add that "the effects of the storm could become evident in the future, especially for commercial businesses and as damage to collateral is assessed."

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