Western community banks that rely heavily on commercial real estate lending could be at risk if a slowdown in high-tech job growth persists, the Federal Deposit Insurance Corp. warns.

In a report released last week, the FDIC singled out four "high-tech cluster" markets-San Jose, Calif.; Sacramento; Portland, Ore.; and Salt Lake City/Provo-where banks with less than $1 billion of assets are unusually dependent on commercial real estate and construction lending.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.