Total loans and leases dropped to 62.8% of bank deposits in the week ended March 10. Home loans, as a share of total assets, fell to another all-time low. Here’s how their balance sheets compare on selected parameters:At the 25 biggest U.S. banks, total assets rose 0.8% to $12.17 trillion. Home loans and commercial real estate loans, as a share of total assets, fell to new record lows. Loans and leases slipped to an all-time low when measured against deposits, or banks’ capacity to provide credit.
Source: Mint March 22, 2021 16:30 UTC