Real Estate Loans
The continued downward trend in noncurrent real estate loans is another indication of health in the banking system. However, noncurrent loans of all types witnessed a minor increase (from 0.94% in the second quarter of 1999 to 0.96% in the third quarter). Total assets in the banking system grew at the slowest rate reported in five years. Although total loans to individuals fell for the third straight quarter, commercial real estate loans rose slightly.
Suggested citation: "Real Estate Loans," Federal Reserve Bank of Cleveland, Economic Trends, no. 00-02, pp. 16, 02.01.2000.