Third-quarter results, which banks will begin reporting Friday, will probably show commercial lending continued to drive growth in balance sheets but momentum slowed from prior periods, according to preliminary data.

If levels at Sept. 26, the most recent date available, held through the final four days of the month, commercial and industrial loans would have expanded at an annual rate of almost 10% in the third quarter, underpinning a 2.5% pace of increase in total loans. (The following graphic shows volume data for major balance sheet categories; interactive controls are described in the captions. Text continues below.)

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