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# 	Senior Loan Officer Opinion Survey on Bank Lending PracticesApril 2016

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**Table 1	    Senior Loan Officer Opinion Survey on Bank Lending Practices	  at Selected Large Banks	    in the United States	  1(Status of policy as of April 2016)**

1. 	    	Over the past three months, how have your bank's credit	standards for approving applications for C&I loans or credit	lines—other than those to be used to finance mergers and	acquisitions—to large and middle-market firms and to small	firms changed? (If your bank defines firm size differently	from the categories suggested below, please use your	definitions and indicate what they are.)      

A. 	  	  Standards for **large and middle-market firms** (annual sales of	  $50 million or more):	                

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    2          2.9     2          4.8     0          0.0 Tightened somewhat    7         10.1     6         14.3     1          3.7 Remained basically unchanged   59         85.5    33         78.6    26         96.3 Eased somewhat    1          1.4     1          2.4     0          0.0 Eased considerably    0          0.0     0          0.0     0          0.0 **Total**   69        100.0    42        100.0    27        100.0 **
B. 	  	  Standards for **small firms** (annual sales of less than $50 million):	                

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0          0.0     0          0.0     0          0.0 Tightened somewhat    5          7.2     4          9.8     1          3.6 Remained basically unchanged   63         91.3    36         87.8    27         96.4 Eased somewhat    1          1.4     1          2.4     0          0.0 Eased considerably    0          0.0     0          0.0     0          0.0 **Total**   69        100.0    41        100.0    28        100.0 **

2. 	    	For applications for C&I loans or credit lines—other	than those to be used to finance mergers and	acquisitions—from large and middle-market firms and from	small firms that your bank currently is willing to approve,	how have the terms of those loans changed over the past three	months?       

A. 	  Terms for **large and middle-market firms** (annual	sales of $50 million or more):            

a. 	Maximum size of credit lines

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    1            1.4     1            2.4     0            0.0 Tightened somewhat    8           11.6     7           16.7     1            3.7 Remained basically unchanged    54          78.3     30          71.4     24          88.9 Eased somewhat    6            8.7     4            9.5     2            7.4 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    69         100.0     42         100.0     27         100.0 **

b. 	Maximum maturity of loans or credit lines

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    3            4.3     2            4.8     1            3.7 Remained basically unchanged    62          89.9     38          90.5     24          88.9 Eased somewhat    4            5.8     2            4.8     2            7.4 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    69         100.0     42         100.0     27         100.0 **

c. 	Costs of credit lines

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    5            7.2     5           11.9     0            0.0 Remained basically unchanged    59          85.5     34          81.0     25          92.6 Eased somewhat    5            7.2     3            7.1     2            7.4 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    69         100.0     42         100.0     27         100.0 **

d. 	Spreads of loan rates over your	bank's cost of funds (wider spreads=tightened, narrower	spreads=eased)

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    11          15.9     9           21.4     2            7.4 Remained basically unchanged    45          65.2     27          64.3     18          66.7 Eased somewhat    12          17.4     6           14.3     6           22.2 Eased considerably    1            1.4     0            0.0     1            3.7 **Total**    69         100.0     42         100.0     27         100.0 **

e. 	Premiums charged on riskier loans

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    12          17.4     9           21.4     3           11.1 Remained basically unchanged    54          78.3     32          76.2     22          81.5 Eased somewhat    3            4.3     1            2.4     2            7.4 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    69         100.0     42         100.0     27         100.0 **

f. 	Loan covenants

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    1            1.4     1            2.4     0            0.0 Tightened somewhat    9           13.0     6           14.3     3           11.1 Remained basically unchanged    55          79.7     32          76.2     23          85.2 Eased somewhat    4            5.8     3            7.1     1            3.7 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    69         100.0     42         100.0     27         100.0 **

g. 	Collateralization requirements

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    6            8.7     5           11.9     1            3.7 Remained basically unchanged    60          87.0     35          83.3     25          92.6 Eased somewhat    3            4.3     2            4.8     1            3.7 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    69         100.0     42         100.0     27         100.0 **

h. 	Use of interest rate floors 	(more use=tightened, less use=eased)

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    7           10.3     7           17.1     0            0.0 Remained basically unchanged    52          76.5     31          75.6     21          77.8 Eased somewhat    4            5.9     1            2.4     3           11.1 Eased considerably    5            7.4     2            4.9     3           11.1 **Total**    68         100.0     41         100.0     27         100.0 **
B. 	  Terms for **small firms** (annual sales of less than	$50 million):            

a. 	Maximum size of credit lines

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    1            1.5     0            0.0     1            3.6 Remained basically unchanged    65          95.6     39          97.5     26          92.9 Eased somewhat    2            2.9     1            2.5     1            3.6 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    68         100.0     40         100.0     28         100.0 **

b. 	Maximum maturity of loans or	credit lines

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    2            2.9     1            2.5     1            3.6 Remained basically unchanged    62          91.2     36          90.0     26          92.9 Eased somewhat    4            5.9     3            7.5     1            3.6 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    68         100.0     40         100.0     28         100.0 **

c. 	Costs of credit lines

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    1            1.5     0            0.0     1            3.6 Remained basically unchanged    65          95.6     39          97.5     26          92.9 Eased somewhat    2            2.9     1            2.5     1            3.6 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    68         100.0     40         100.0     28         100.0 **

d. 	Spreads of loan rates over your	bank's cost of funds (wider spreads=tightened, narrower	spreads=eased)

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    5            7.4     2            5.0     3           10.7 Remained basically unchanged    55          80.9     34          85.0     21          75.0 Eased somewhat    7           10.3     4           10.0     3           10.7 Eased considerably    1            1.5     0            0.0     1            3.6 **Total**    68         100.0     40         100.0     28         100.0 **

e. 	Premiums charged on riskier loans

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    9           13.2     6           15.0     3           10.7 Remained basically unchanged    56          82.4     33          82.5     23          82.1 Eased somewhat    3            4.4     1            2.5     2            7.1 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    68         100.0     40         100.0     28         100.0 **

f. 	Loan covenants

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    6            8.8     4           10.0     2            7.1 Remained basically unchanged    57          83.8     33          82.5     24          85.7 Eased somewhat    5            7.4     3            7.5     2            7.1 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    68         100.0     40         100.0     28         100.0 **

g. 	Collateralization requirements

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    4            5.9     2            5.0     2            7.1 Remained basically unchanged    62          91.2     37          92.5     25          89.3 Eased somewhat    2            2.9     1            2.5     1            3.6 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    68         100.0     40         100.0     28         100.0 **

h. 	Use of interest rate floors 	(more use=tightened, less use=eased)

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    3            4.5     3            7.7     0            0.0 Remained basically unchanged    54          80.6     33          84.6     21          75.0 Eased somewhat    5            7.5     1            2.6     4           14.3 Eased considerably    5            7.5     2            5.1     3           10.7 **Total**    67         100.0     39         100.0     28         100.0 **

3. 	    	If your bank has tightened or eased its credit standards or	its terms for C&I loans or credit lines over the past	three months (as described in questions 1 and	2), how important have	been the following possible reasons for the change?       

A. 	  Possible reasons for tightening credit standards or	loan terms:

a. 	Deterioration in your bank's	current or expected capital position

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    23          92.0     18          90.0     5          100.0 Somewhat important    0            0.0     0            0.0     0            0.0 Very important    2            8.0     2           10.0     0            0.0 **Total**    25         100.0     20         100.0     5          100.0 **

b. 	Less favorable or more uncertain	economic outlook

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    7           28.0     6           30.0     1           20.0 Somewhat important    10          40.0     7           35.0     3           60.0 Very important    8           32.0     7           35.0     1           20.0 **Total**    25         100.0     20         100.0     5          100.0 **

c. 	Worsening of industry-specific	problems (please specify industries) 

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    8           32.0     6           30.0     2           40.0 Somewhat important    9           36.0     7           35.0     2           40.0 Very important    8           32.0     7           35.0     1           20.0 **Total**    25         100.0     20         100.0     5          100.0 **

d. 	Less aggressive competition from	other banks or nonbank lenders (other financial intermediaries	or the capital markets)

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    19          76.0     15          75.0     4           80.0 Somewhat important    5           20.0     4           20.0     1           20.0 Very important    1            4.0     1            5.0     0            0.0 **Total**    25         100.0     20         100.0     5          100.0 **

e. 	Reduced tolerance for risk

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    15          60.0     12          60.0     3           60.0 Somewhat important    7           28.0     6           30.0     1           20.0 Very important    3           12.0     2           10.0     1           20.0 **Total**    25         100.0     20         100.0     5          100.0 **

f. 	Decreased liquidity in the	secondary market for these loans

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    20          80.0     15          75.0     5          100.0 Somewhat important    3           12.0     3           15.0     0            0.0 Very important    2            8.0     2           10.0     0            0.0 **Total**    25         100.0     20         100.0     5          100.0 **

g. 	Deterioration in your	bank's current or expected liquidity position

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    23          92.0     18          90.0     5          100.0 Somewhat important    1            4.0     1            5.0     0            0.0 Very important    1            4.0     1            5.0     0            0.0 **Total**    25         100.0     20         100.0     5          100.0 **

h. 	Increased concerns about the effects of 	legislative changes, supervisory actions, or changes in accounting	standards

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    15          62.5     11          57.9     4           80.0 Somewhat important    4           16.7     4           21.1     0            0.0 Very important    5           20.8     4           21.1     1           20.0 **Total**    24         100.0     19         100.0     5          100.0 **
B. 	  Possible reasons for easing credit standards or	loan terms:

a. 	Improvement in your bank's	current or expected capital position

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    19          90.5     11          84.6     8          100.0 Somewhat important    2            9.5     2           15.4     0            0.0 Very important    0            0.0     0            0.0     0            0.0 **Total**    21         100.0     13         100.0     8          100.0 **

b. 	More favorable or less uncertain	economic outlook

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    15          68.2     10          76.9     5           55.6 Somewhat important    5           22.7     2           15.4     3           33.3 Very important    2            9.1     1            7.7     1           11.1 **Total**    22         100.0     13         100.0     9          100.0 **

c. 	Improvement in industry-specific	problems (please specify industries) 

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    18          81.8     11          84.6     7           77.8 Somewhat important    4           18.2     2           15.4     2           22.2 Very important    0            0.0     0            0.0     0            0.0 **Total**    22         100.0     13         100.0     9          100.0 **

d. 	More aggressive competition from	other banks or nonbank lenders (other financial intermediaries	or the capital markets)

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    5           21.7     3           21.4     2           22.2 Somewhat important    10          43.5     6           42.9     4           44.4 Very important    8           34.8     5           35.7     3           33.3 **Total**    23         100.0     14         100.0     9          100.0 **

e. 	Increased tolerance for risk

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    14          63.6     10          76.9     4           44.4 Somewhat important    8           36.4     3           23.1     5           55.6 Very important    0            0.0     0            0.0     0            0.0 **Total**    22         100.0     13         100.0     9          100.0 **

f. 	Increased liquidity in the	secondary market for these loans

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    18          81.8     10          76.9     8           88.9 Somewhat important    4           18.2     3           23.1     1           11.1 Very important    0            0.0     0            0.0     0            0.0 **Total**    22         100.0     13         100.0     9          100.0 **

g. 	Improvement in your bank's	current or expected liquidity position

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    18          81.8     10          76.9     8           88.9 Somewhat important    3           13.6     2           15.4     1           11.1 Very important    1            4.5     1            7.7     0            0.0 **Total**    22         100.0     13         100.0     9          100.0 **

h. 	Reduced concerns about the effects of 	legislative changes, supervisory actions, or changes in accounting 	standards 

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    19          90.5     11          91.7     8           88.9 Somewhat important    2            9.5     1            8.3     1           11.1 Very important    0            0.0     0            0.0     0            0.0 **Total**    21         100.0     12         100.0     9          100.0 **

4. 	    	Apart from normal seasonal variation, how has demand for C&I	loans changed over the past three months? (Please consider	only funds actually disbursed as opposed to requests for new or increased	lines of credit.)      

A. 	  Demand for C&I loans from **large and	middle-market firms** (annual sales of $50 million or	more):                

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentSubstantially stronger    0          0.0     0          0.0     0          0.0 Moderately stronger   14         20.3     9         21.4     5         18.5 About the same   35         50.7    17         40.5    18         66.7 Moderately weaker   20         29.0    16         38.1     4         14.8 Substantially weaker    0          0.0     0          0.0     0          0.0 **Total**   69        100.0    42        100.0    27        100.0 **
B. 	  Demand for C&I loans from **small firms** (annual	sales of less than $50 million):                

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentSubstantially stronger    0          0.0     0          0.0     0          0.0 Moderately stronger   10         14.7     5         12.5     5         17.9 About the same   46         67.6    26         65.0    20         71.4 Moderately weaker   12         17.6     9         22.5     3         10.7 Substantially weaker    0          0.0     0          0.0     0          0.0 **Total**   68        100.0    40        100.0    28        100.0 **

5. 	    	If demand for C&I loans has strengthened or weakened over	the past three months (as described in question 4), how important have been the	following possible reasons for the change?       

A. 	  If stronger loan demand (answer 1 or 2 to question	4A or 4B), possible reasons:

a. 	Customer inventory financing	needs increased

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    8           50.0     7           63.6     1           20.0 Somewhat important    8           50.0     4           36.4     4           80.0 Very important    0            0.0     0            0.0     0            0.0 **Total**    16         100.0     11         100.0     5          100.0 **

b. 	Customer accounts receivable	financing needs increased

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    7           43.8     7           63.6     0            0.0 Somewhat important    7           43.8     3           27.3     4           80.0 Very important    2           12.5     1            9.1     1           20.0 **Total**    16         100.0     11         100.0     5          100.0 **

c. 	Customer investment in plant or	equipment increased

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    6           37.5     5           45.5     1           20.0 Somewhat important    9           56.3     5           45.5     4           80.0 Very important    1            6.3     1            9.1     0            0.0 **Total**    16         100.0     11         100.0     5          100.0 **

d. 	Customer internally generated	funds decreased

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    13          81.3     10          90.9     3           60.0 Somewhat important    3           18.8     1            9.1     2           40.0 Very important    0            0.0     0            0.0     0            0.0 **Total**    16         100.0     11         100.0     5          100.0 **

e. 	Customer merger or acquisition	financing needs increased

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    12          75.0     8           72.7     4           80.0 Somewhat important    2           12.5     1            9.1     1           20.0 Very important    2           12.5     2           18.2     0            0.0 **Total**    16         100.0     11         100.0     5          100.0 **

f. 	Customer borrowing shifted to	your bank from other bank or nonbank sources because these	other sources became less attractive

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    7           41.2     5           41.7     2           40.0 Somewhat important    4           23.5     2           16.7     2           40.0 Very important    6           35.3     5           41.7     1           20.0 **Total**    17         100.0     12         100.0     5          100.0 **

g. 	Customer precautionary demand for cash and 	liquidity increased  

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    12          70.6     8           66.7     4           80.0 Somewhat important    3           17.6     2           16.7     1           20.0 Very important    2           11.8     2           16.7     0            0.0 **Total**    17         100.0     12         100.0     5          100.0 **
B. 	  If weaker loan demand (answer 4 or 5 to question	4A or 4B), possible reasons:

a. 	Customer inventory financing	needs decreased

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    9           45.0     8           47.1     1           33.3 Somewhat important    10          50.0     8           47.1     2           66.7 Very important    1            5.0     1            5.9     0            0.0 **Total**    20         100.0     17         100.0     3          100.0 **

b. 	Customer accounts receivable	financing needs decreased

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    10          50.0     8           47.1     2           66.7 Somewhat important    10          50.0     9           52.9     1           33.3 Very important    0            0.0     0            0.0     0            0.0 **Total**    20         100.0     17         100.0     3          100.0 **

c. 	Customer investment in plant or	equipment decreased

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    5           25.0     5           29.4     0            0.0 Somewhat important    10          50.0     7           41.2     3          100.0 Very important    5           25.0     5           29.4     0            0.0 **Total**    20         100.0     17         100.0     3          100.0 **

d. 	Customer internally generated	funds increased

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    13          65.0     12          70.6     1           33.3 Somewhat important    5           25.0     4           23.5     1           33.3 Very important    2           10.0     1            5.9     1           33.3 **Total**    20         100.0     17         100.0     3          100.0 **

e. 	Customer merger or acquisition	financing needs decreased

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    8           38.1     8           44.4     0            0.0 Somewhat important    8           38.1     6           33.3     2           66.7 Very important    5           23.8     4           22.2     1           33.3 **Total**    21         100.0     18         100.0     3          100.0 **

f. 	Customer borrowing shifted	from your bank to other bank or nonbank sources because	these other sources became more attractive

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    15          75.0     12          70.6     3          100.0 Somewhat important    2           10.0     2           11.8     0            0.0 Very important    3           15.0     3           17.6     0            0.0 **Total**    20         100.0     17         100.0     3          100.0 **

g. 	Customer precautionary demand for cash 	 and liquidity decreased 

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    14          70.0     12          70.6     2           66.7 Somewhat important    4           20.0     3           17.6     1           33.3 Very important    2           10.0     2           11.8     0            0.0 **Total**    20         100.0     17         100.0     3          100.0 **

6. 	    	At your bank, apart from seasonal variation, how has the number of inquiries from potential	business borrowers regarding the availability and terms of new	credit lines or increases in existing lines changed over the	past three months? (Please consider only inquiries for	additional or increased C&I lines as opposed to the refinancing of	existing loans.)      

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentThe number of inquiries has increased substantially   0         0.0    0         0.0    0         0.0 The number of inquiries has increased moderately   13       18.6    9        21.4    4        14.3 The number of inquiries has stayed about the same   41       58.6    20       47.6    21       75.0 The number of inquiries has decreased moderately   16       22.9    13       31.0    3        10.7 The number of inquiries has decreased substantially   0         0.0    0         0.0    0         0.0 **Total**   70      100.0    42      100.0    28      100.0 **

7. 	    	   Approximately what fraction of C&I loans currently 	   outstanding on your bank's books were made to firms in 	   the oil and natural gas drilling/extraction sector?        

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentMore than 20 percent   1         1.7    1         2.6    0         0.0 More than 10 percent but less than 20 percent   7        11.7    4        10.3    3        14.3 More than 5 percent but less than 10 percent   9        15.0    7        17.9    2         9.5 More than 1 percent but less than 5 percent   20       33.3    17       43.6    3        14.3 Less than 1 percent   23       38.3    10       25.6    13       61.9 **Total**   60      100.0    39      100.0    21      100.0 **

For this question,   9    respondents answered “My bank does not have any outstanding loans or lines of credit to firms in the oil and natural gas drilling/extraction sector.”

8. 	    	   Assuming that economic activity progresses in line with consensus 	   forecasts, and energy commodity prices evolve in line with current 	   futures prices, what is your outlook for delinquencies and charge-offs 	   on your bank's existing loans to firms in the oil and natural gas 	   drilling/extraction sector over the remainder of 2016?        

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentLoan quality is likely to improve substantially   0         0.0    0         0.0    0         0.0 Loan quality is likely to improve somewhat   1         1.7    0         0.0    1         4.8 Loan quality is likely to remain around current levels   20       33.3    8        20.5    12       57.1 Loan quality is likely to deteriorate somewhat   35       58.3    27       69.2    8        38.1 Loan quality is likely to deteriorate substantially   4         6.7    4        10.3    0         0.0 **Total**   60      100.0    39      100.0    21      100.0 **

For this question,   7    respondents answered “My bank does not have any outstanding loans to firms in the oil and natural gas drilling/extraction sector.”

9. 	    	   Please indicate how important each of the following actions have been in your 	   bank's efforts to mitigate risks of loan losses from loans made to firms in the 	   oil and natural gas drilling/extraction sector over the past year.  	           

a. 	Tightening lending policies on new loans 	                             or lines of credit made to firms in this sector

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important   11         19.6     6         15.8     5         27.8 Somewhat important   18         32.1    10         26.3     8         44.4 Very important   27         48.2    22         57.9     5         27.8 **Total**   56        100.0    38        100.0    18        100.0 **

b. 	Enforcing material adverse change clauses or other 	                             covenants to limit draws on existing credit lines to 	                             firms in this sector

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important   29         51.8    19         50.0    10         55.6 Somewhat important   16         28.6    11         28.9     5         27.8 Very important   11         19.6     8         21.1     3         16.7 **Total**   56        100.0    38        100.0    18        100.0 **

c. 	Restructuring outstanding loans to make them more robust to 	                             the changed outlook for energy prices

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important   12         21.4     4         10.5     8         44.4 Somewhat important   26         46.4    21         55.3     5         27.8 Very important   18         32.1    13         34.2     5         27.8 **Total**   56        100.0    38        100.0    18        100.0 **

d. 	Requiring additional collateral to better secure loans or 	                             credit lines to firms in this sector

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important    9         16.1     6         15.8     3         16.7 Somewhat important   29         51.8    20         52.6     9         50.0 Very important   18         32.1    12         31.6     6         33.3 **Total**   56        100.0    38        100.0    18        100.0 **

e. 	Setting aside additional reserves for a potential increase in loan	losses

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important   16         28.6     6         15.8    10         55.6 Somewhat important   16         28.6    10         26.3     6         33.3 Very important   24         42.9    22         57.9     2         11.1 **Total**   56        100.0    38        100.0    18        100.0 **

f. 	Tightening lending policies on new loans or credit 	                             lines made to firms in other sectors

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important   39         69.6    26         68.4    13         72.2 Somewhat important   12         21.4     8         21.1     4         22.2 Very important    5          8.9     4         10.5     1          5.6 **Total**   56        100.0    38        100.0    18        100.0 **

g. 	Hedging the risks arising from declines in energy prices through 	                               derivatives contracts

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important   42         75.0    25         65.8    17         94.4 Somewhat important    9         16.1     9         23.7     0          0.0 Very important    5          8.9     4         10.5     1          5.6 **Total**   56        100.0    38        100.0    18        100.0 **

h. 	My bank has not needed to mitigate risks of loan losses made to firms in this sector

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentNot important   14         53.8     8         61.5     6         46.2 Somewhat important    4         15.4     2         15.4     2         15.4 Very important    8         30.8     3         23.1     5         38.5 **Total**   26        100.0    13        100.0    13        100.0 **

10. 	    	  If your bank has other loans outstanding to businesses or households located in regions of the United States 	  that are dependent on the energy sector, how has the **credit quality** of the loans to customers **in 	  those regions** changed as a result of the decline in energy commodity prices and associated declines in energy 	  sector activities over the past year? 	            

a. 	C&I loans to firms not in the oil and natural gas	drilling/extraction sector

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentCredit quality has improved substantially    0            0.0     0            0.0     0            0.0 Credit quality improved somewhat    1            1.8     0            0.0     1            5.3 Credit quality remained about unchanged    40          70.2     27          71.1     13          68.4 Credit quality deteriorated somewhat    16          28.1     11          28.9     5           26.3 Credit quality deteriorated substantially    0            0.0     0            0.0     0            0.0 **Total**    57         100.0     38         100.0     19         100.0 **

b. 	Commercial real estate loans

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentCredit quality has improved substantially    0            0.0     0            0.0     0            0.0 Credit quality improved somewhat    3            5.4     2            5.6     1            5.0 Credit quality remained about unchanged    43          76.8     27          75.0     16          80.0 Credit quality deteriorated somewhat    9           16.1     7           19.4     2           10.0 Credit quality deteriorated substantially    1            1.8     0            0.0     1            5.0 **Total**    56         100.0     36         100.0     20         100.0 **

c. 	Residential real estate loans

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentCredit quality has improved substantially    0            0.0     0            0.0     0            0.0 Credit quality improved somewhat    1            2.0     0            0.0     1            5.3 Credit quality remained about unchanged    45          88.2     30          93.8     15          78.9 Credit quality deteriorated somewhat    5            9.8     2            6.3     3           15.8 Credit quality deteriorated substantially    0            0.0     0            0.0     0            0.0 **Total**    51         100.0     32         100.0     19         100.0 **

d. 	Auto loans

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentCredit quality has improved substantially    0            0.0     0            0.0     0            0.0 Credit quality improved somewhat    0            0.0     0            0.0     0            0.0 Credit quality remained about unchanged    39          75.0     26          78.8     13          68.4 Credit quality deteriorated somewhat    12          23.1     7           21.2     5           26.3 Credit quality deteriorated substantially    1            1.9     0            0.0     1            5.3 **Total**    52         100.0     33         100.0     19         100.0 **

e. 	Consumer credit card loans

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentCredit quality has improved substantially    0            0.0     0            0.0     0            0.0 Credit quality improved somewhat    0            0.0     0            0.0     0            0.0 Credit quality remained about unchanged    39          84.8     26          86.7     13          81.3 Credit quality deteriorated somewhat    7           15.2     4           13.3     3           18.8 Credit quality deteriorated substantially    0            0.0     0            0.0     0            0.0 **Total**    46         100.0     30         100.0     16         100.0 **

f. 	Consumer loans other than credit card and auto loans

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentCredit quality has improved substantially    0            0.0     0            0.0     0            0.0 Credit quality improved somewhat    0            0.0     0            0.0     0            0.0 Credit quality remained about unchanged    42          85.7     28          93.3     14          73.7 Credit quality deteriorated somewhat    7           14.3     2            6.7     5           26.3 Credit quality deteriorated substantially    0            0.0     0            0.0     0            0.0 **Total**    49         100.0     30         100.0     19         100.0 **

11. 	    	Over the past three months, how have your bank's credit standards for approving	new applications for **construction and land development loans** or credit lines changed?                      

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    2          2.9     2          4.9     0          0.0 Tightened somewhat   15         21.7    12         29.3     3         10.7 Remained basically unchanged   52         75.4    27         65.9    25         89.3 Eased somewhat    0          0.0     0          0.0     0          0.0 Eased considerably    0          0.0     0          0.0     0          0.0 **Total**   69        100.0    41        100.0    28        100.0 **

12. 	    	Over the past three months, how have your bank's credit standards for approving	new applications for **loans secured by nonfarm nonresidential properties** changed?                      

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0          0.0     0          0.0     0          0.0 Tightened somewhat    8         11.6     7         17.1     1          3.6 Remained basically unchanged   61         88.4    34         82.9    27         96.4 Eased somewhat    0          0.0     0          0.0     0          0.0 Eased considerably    0          0.0     0          0.0     0          0.0 **Total**   69        100.0    41        100.0    28        100.0 **

13. 	    	Over the past three months, how have your bank's credit standards for approving	new applications for **loans secured by multifamily residential properties** changed?                      

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    2          2.9     2          4.9     0          0.0 Tightened somewhat   23         33.3    17         41.5     6         21.4 Remained basically unchanged   44         63.8    22         53.7    22         78.6 Eased somewhat    0          0.0     0          0.0     0          0.0 Eased considerably    0          0.0     0          0.0     0          0.0 **Total**   69        100.0    41        100.0    28        100.0 **

14. 	    	Apart from normal seasonal variation, how has demand for **construction and	land development loans** changed over the past	three months? (Please consider the number of requests for new spot loans, 	for disbursement of funds under existing loan commitments, and for new or 	increased credit lines.)                      

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentSubstantially stronger    0          0.0     0          0.0     0          0.0 Moderately stronger   17         25.0    10         25.0     7         25.0 About the same   43         63.2    24         60.0    19         67.9 Moderately weaker    8         11.8     6         15.0     2          7.1 Substantially weaker    0          0.0     0          0.0     0          0.0 **Total**   68        100.0    40        100.0    28        100.0 **

15. 	    	Apart from normal seasonal variation, how has demand for **loans secured by nonfarm nonresidential properties** changed over the past three months? (Please consider the number of requests for new spot loans, for disbursement of funds under existing loan commitments, and for new or increased credit lines.)                      

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentSubstantially stronger    0          0.0     0          0.0     0          0.0 Moderately stronger   11         15.9     9         22.0     2          7.1 About the same   56         81.2    30         73.2    26         92.9 Moderately weaker    2          2.9     2          4.9     0          0.0 Substantially weaker    0          0.0     0          0.0     0          0.0 **Total**   69        100.0    41        100.0    28        100.0 **

16. 	    	Apart from normal seasonal variation, how has demand for **loans secured by	multifamily residential properties** changed over the past three months? (Please consider the number of requests for new spot loans, for disbursement of funds under existing loan commitments, and for new or increased credit lines.)                      

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentSubstantially stronger    0          0.0     0          0.0     0          0.0 Moderately stronger   13         19.1     7         17.5     6         21.4 About the same   48         70.6    28         70.0    20         71.4 Moderately weaker    6          8.8     4         10.0     2          7.1 Substantially weaker    1          1.5     1          2.5     0          0.0 **Total**   68        100.0    40        100.0    28        100.0 **

17. 	            Over the past year, how has your bank changed the following policies on 	CRE loans? 	      

a. 	Maximum loan size

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    4            5.7     3            7.1     1            3.6 Remained basically unchanged    55          78.6     30          71.4     25          89.3 Eased somewhat    11          15.7     9           21.4     2            7.1 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    70         100.0     42         100.0     28         100.0 **

b. 	Maximum loan maturity

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    4            5.7     2            4.8     2            7.1 Remained basically unchanged    59          84.3     36          85.7     23          82.1 Eased somewhat    7           10.0     4            9.5     3           10.7 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    70         100.0     42         100.0     28         100.0 **

c. 	Spreads of loan rates over your bank's cost of funds                                  (wider spreads=tightened, narrower spreads=eased)

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    16          22.9     14          33.3     2            7.1 Remained basically unchanged    37          52.9     18          42.9     19          67.9 Eased somewhat    17          24.3     10          23.8     7           25.0 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    70         100.0     42         100.0     28         100.0 **

d. 	Loan-to-value ratios

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    1            1.4     1            2.4     0            0.0 Tightened somewhat    9           12.9     4            9.5     5           17.9 Remained basically unchanged    58          82.9     36          85.7     22          78.6 Eased somewhat    2            2.9     1            2.4     1            3.6 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    70         100.0     42         100.0     28         100.0 **

e. 	Debt-service coverage ratios

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    1            1.4     1            2.4     0            0.0 Tightened somewhat    6            8.6     4            9.5     2            7.1 Remained basically unchanged    62          88.6     37          88.1     25          89.3 Eased somewhat    1            1.4     0            0.0     1            3.6 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    70         100.0     42         100.0     28         100.0 **

f. 	Market areas served (reduced market areas=tightened,                                    expanded market areas=eased)

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    6            8.6     4            9.5     2            7.1 Remained basically unchanged    56          80.0     34          81.0     22          78.6 Eased somewhat    8           11.4     4            9.5     4           14.3 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    70         100.0     42         100.0     28         100.0 **

g. 	Length of interest-only payment period (shorter interest-only periods=tightened,longer interest-only periods=eased)

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    7           10.1     4            9.8     3           10.7 Remained basically unchanged    54          78.3     33          80.5     21          75.0 Eased somewhat    8           11.6     4            9.8     4           14.3 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    69         100.0     41         100.0     28         100.0 **

18. 	    	If your bank has tightened or eased its credit policies on 	CRE loans over the past year (as described in question 	17), please select 	the 4 most important reasons among all the possible reasons 	listed below and rank them in order of importance. (Please 	respond to either A, B, or both as appropriate	and rank the 4 most important reasons using a scale ranging from 	4=the most important to 1=the least important.)      

A. 	  	  Possible reasons for tightening credit policies on CRE loans over the past year:	

** All RespondentsLarge BanksOther BanksMeanMeanMeanLess favorable or more uncertain outlook for CRE property prices 2.4 2.5 2.1Less favorable or more uncertain outlook for vacancy rates or other fundamentals on CRE properties 2.8 3.1 2.1Less favorable or more uncertain capitalization rates (the ratio of current net operating income to the original sale price or current market value) on CRE properties 2.6 2.8 2.1Less aggressive competition from other banks or nonbank financial institutions (other financial intermediaries or the capital markets) 1.6 1.8 1.0Reduced tolerance for risk 2.6 2.4 3.0Decreased ability to securitize CRE loans 1.2 1.3 1.0Increased concerns about capital adequacy, liquidity position, or regulation more broadly 1.8 1.9 1.7Other 3.8 3.5 4.0**Number of respondents** 32 21 11**
B. 	  	  Possible reasons for easing credit policies on CRE loans over the past year:	

** All RespondentsLarge BanksOther BanksMeanMeanMeanMore favorable or less uncertain outlook for CRE property prices 1.8 1.6 2.0More favorable or less uncertain outlook for vacancy rates or other fundamentals on CRE properties 2.4 2.1 2.8More favorable or less uncertain capitalization rates (the ratio of current net operating income to the original sale price or current market value) on CRE properties 1.9 2.0 1.8More aggressive competition from other banks or non-bank lenders (other financial intermediaries or the capital markets) 3.4 3.3 3.5Increased tolerance for risk 2.2 2.2 2.2Increased ability to securitize CRE loans 1.2 1.0 1.3Decreased concerns about capital adequacy, liquidity position, or regulation more broadly 1.3 1.2 1.5Other 2.4 2.8 1.0**Number of respondents** 24 14 10**

19. 	    	How have conditions in the CMBS market affected the volume of CRE loan **originations** by your bank	over the past six months?                      

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentLed to a substantial decrease    0          0.0     0          0.0     0          0.0 Led to a moderate decrease    6          8.8     5         12.2     1          3.7 Led to no change   49         72.1    26         63.4    23         85.2 Led to a moderate increase   13         19.1    10         24.4     3         11.1 Led to a substantial increase    0          0.0     0          0.0     0          0.0 **Total**   68        100.0    41        100.0    27        100.0 **

For this question,    1    respondent answered “My bank does not originate CRE loans.”

20. 	    	  How have conditions in the CMBS market affected the volume of CRE loan **securitizations** by your bank over	  the past six months?	                

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentLed to a substantial decrease    2          7.7     2         16.7     0          0.0 Led to a moderate decrease    5         19.2     4         33.3     1          7.1 Led to no change   19         73.1     6         50.0    13         92.9 Led to a moderate increase    0          0.0     0          0.0     0          0.0 Led to a substantial increase    0          0.0     0          0.0     0          0.0 **Total**   26        100.0    12        100.0    14        100.0 **

For this question,   42    respondents answered “My bank does not securitize CRE loans.”

21. 	    	Apart from normal seasonal variation, how has demand for loans or lines of credit from nonbank financial institutions, 	used to fund their CRE loan pipelines prior to securitization, changed over the past six months? (Please consider the 	number of requests for new spot loans, for disbursement of funds under existing loan commitments, 	and for new or increased credit lines.)      

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentSubstantially stronger    0          0.0     0          0.0     0          0.0 Somewhat stronger    3         13.6     3         20.0     0          0.0 About the same   17         77.3    10         66.7     7        100.0 Somewhat weaker    2          9.1     2         13.3     0          0.0 Substantially weaker    0          0.0     0          0.0     0          0.0 **Total**   22        100.0    15        100.0     7        100.0 **

For this question,   46    respondents answered “My bank does not originate these types of loans or credit lines.”

22. 	    	How have your bank’s credit standards for approving applications for loans or lines of credit to nonbank financial 	institutions, used to fund their CRE loan pipelines prior to securitization, changed over the past six months? 	(Please consider applications for new spot loans, and for new or increased credit lines.)      

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0          0.0     0          0.0     0          0.0 Tightened somewhat    3         13.6     3         20.0     0          0.0 Remained basically unchanged   19         86.4    12         80.0     7        100.0 Eased somewhat    0          0.0     0          0.0     0          0.0 Eased considerably    0          0.0     0          0.0     0          0.0 **Total**   22        100.0    15        100.0     7        100.0 **

For this question,   46    respondents answered “My bank does not originate these types of loans or credit lines.”

23. 	    	In the next six months, a large amount of CRE loans originated in 2006 and currently held in CMBS will need to be refinanced.	Assuming economic activity progresses in line with consensus forecasts, how are the standards that your bank would apply to such CRE	loans **different from** those that you expect to apply to other CRE loans?                      

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentConsiderably tighter    0          0.0     0          0.0     0          0.0 Somewhat tighter    8         12.1     6         14.6     2          8.0 About the same   57         86.4    34         82.9    23         92.0 Somewhat easier    0          0.0     0          0.0     0          0.0 Considerably easier    0          0.0     0          0.0     0          0.0 **Total**   66        100.0    41        100.0    25        100.0 **
- 	 The  GSE-eligible  category of residential mortgages	 includes loans that meet the underwriting guidelines, including	 loan limit amounts, of the GSEs - Fannie Mae and Freddie Mac. 	  
- 	  The  government  category of residential	  mortgages includes loans that are insured by the Federal Housing	  Administration, guaranteed by the Department of Veterans Affairs, or	  originated under government programs, including the U.S. Department of	  Agriculture home loan programs. 	  
- 	  The  QM non-jumbo, non-GSE-eligible  category of residential	  mortgages includes loans that satisfy the standards for a qualified mortgage 	  and have loan balances that are below the loan limit amounts set by the GSEs 	  but otherwise do not meet the GSE underwriting guidelines. 	  
- 	  The  QM jumbo  category of residential mortgages	  includes loans that satisfy the standards for a qualified mortgage but 	  have loan balances that are above the loan limit amount set by the GSEs.	  
- 	  The  non-QM jumbo  category of residential mortgages	  includes loans that do not satisfy the standards for a qualified mortgage and 	  have loan balances that are above the loan limit amount set by the GSEs.	  
- 	  The  non-QM non-jumbo  category of residential mortgages	  includes loans that do not satisfy the standards for a qualified mortgage and 	  have loan balances that are below the loan limit amount set by the GSEs.(Please 	  exclude loans classified by your bank as subprime in this category.) 	  
- 	  The  subprime  category of residential mortgages includes loans classified by 	  your bank as subprime. This category typically	  includes loans made to borrowers with weakened credit histories that include	  payment delinquencies, charge-offs, judgements, and/or bankruptcies; reduced repayment	  capacity as measured by credit scores or debt-to-income ratios; or incomplete credit	  histories. 	  

24. 	    Over the past three months, how have your bank's credit      standards for approving applications from individuals for      mortgage loans to purchase homes changed? (Please consider only new originations as opposed to the      refinancing of existing mortgages.)

A. 	  Credit standards on mortgage loans that your bank	categorizes as GSE-eligible residential mortgages	have:

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    1            1.6     0            0.0     1            3.7 Remained basically unchanged    53          85.5     29          82.9     24          88.9 Eased somewhat    8           12.9     6           17.1     2            7.4 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    62         100.0     35         100.0     27         100.0 **

For this question,    4     respondents answered “My bank does not originate GSE-eligible residential mortgages.”

B. 	  Credit standards on mortgage loans that your bank	categorizes as government residential	mortgages have:

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    2            3.6     0            0.0     2            8.0 Remained basically unchanged    51          92.7     29          96.7     22          88.0 Eased somewhat    2            3.6     1            3.3     1            4.0 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    55         100.0     30         100.0     25         100.0 **

For this question,    11    respondents answered “My bank does not originate government residential mortgages.”

C. 	  Credit standards on mortgage loans that your bank	categorizes as QM non-jumbo, non-GSE-eligible residential	mortgages have:

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    0            0.0     0            0.0     0            0.0 Remained basically unchanged    54          94.7     29          90.6     25         100.0 Eased somewhat    3            5.3     3            9.4     0            0.0 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    57         100.0     32         100.0     25         100.0 **

For this question,    9     respondents answered “My bank does not originate QM non-jumbo, non-GSE-eligible residential mortgages.”

D. 	  Credit standards on mortgage loans that your bank	categorizes as QM jumbo residential mortgages	have:

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    0            0.0     0            0.0     0            0.0 Remained basically unchanged    56          93.3     31          91.2     25          96.2 Eased somewhat    4            6.7     3            8.8     1            3.8 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    60         100.0     34         100.0     26         100.0 **

For this question,    6     respondents answered “My bank does not originate QM jumbo residential mortgages.”

E. 	  Credit standards on mortgage loans that your bank	categorizes as non-QM jumbo residential	mortgages have:

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    1            1.7     0            0.0     1            4.2 Remained basically unchanged    54          91.5     33          94.3     21          87.5 Eased somewhat    4            6.8     2            5.7     2            8.3 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    59         100.0     35         100.0     24         100.0 **

For this question,    7     respondents answered “My bank does not originate non-QM jumbo residential mortgages.”

F. 	  Credit standards on mortgage loans that your bank	categorizes as non-QM non-jumbo residential	mortgages have:

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    0            0.0     0            0.0     0            0.0 Remained basically unchanged    53          94.6     32          94.1     21          95.5 Eased somewhat    3            5.4     2            5.9     1            4.5 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    56         100.0     34         100.0     22         100.0 **

For this question,    10    respondents answered “My bank does not originate non-QM non-jumbo residential mortgages.”

G. 	  Credit standards on mortgage loans that your bank	categorizes as subprime residential	mortgages have:

**Responses are not reported when the number of respondents is 3 or fewer. **

25. 	    Apart from normal seasonal variation, how has demand for      mortgages to purchase homes changed over the past three months?      (Please consider only applications for new originations as opposed to applications for       refinancing of existing mortgages.)

A. 	  Demand for mortgages that your bank categorizes as	GSE-eligible residential mortgages was:

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentSubstantially stronger    0            0.0     0            0.0     0            0.0 Moderately stronger    22          35.5     13          37.1     9           33.3 About the same    34          54.8     19          54.3     15          55.6 Moderately weaker    6            9.7     3            8.6     3           11.1 Substantially weaker    0            0.0     0            0.0     0            0.0 **Total**    62         100.0     35         100.0     27         100.0 **

For this question,    4     respondents answered “My bank does not originate GSE-eligible residential mortgages.”

B. 	  Demand for mortgages that your bank categorizes as	government residential mortgages	was:

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentSubstantially stronger    0            0.0     0            0.0     0            0.0 Moderately stronger    13          23.6     6           20.0     7           28.0 About the same    37          67.3     21          70.0     16          64.0 Moderately weaker    5            9.1     3           10.0     2            8.0 Substantially weaker    0            0.0     0            0.0     0            0.0 **Total**    55         100.0     30         100.0     25         100.0 **

For this question,    11    respondents answered “My bank does not originate government residential mortgages.”

C. 	  Demand for mortgages that your bank categorizes as	QM non-jumbo, non-GSE-eligible residential mortgages	was:

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentSubstantially stronger    1            1.7     1            3.1     0            0.0 Moderately stronger    12          20.7     5           15.6     7           26.9 About the same    43          74.1     26          81.3     17          65.4 Moderately weaker    2            3.4     0            0.0     2            7.7 Substantially weaker    0            0.0     0            0.0     0            0.0 **Total**    58         100.0     32         100.0     26         100.0 **

For this question,    8     respondents answered “My bank does not originate QM non-jumbo, non-GSE-eligible residential mortgages.”

D. 	  Demand for mortgages that your bank categorizes as	QM jumbo residential mortgages was:

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentSubstantially stronger    3            5.0     2            5.9     1            3.8 Moderately stronger    14          23.3     10          29.4     4           15.4 About the same    40          66.7     21          61.8     19          73.1 Moderately weaker    3            5.0     1            2.9     2            7.7 Substantially weaker    0            0.0     0            0.0     0            0.0 **Total**    60         100.0     34         100.0     26         100.0 **

For this question,    6     respondents answered “My bank does not originate QM jumbo residential mortgages.”

E. 	  Demand for mortgages that your bank categorizes as	non-QM jumbo residential mortgages was:

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentSubstantially stronger    1            1.7     1            2.9     0            0.0 Moderately stronger    10          16.9     7           20.0     3           12.5 About the same    44          74.6     25          71.4     19          79.2 Moderately weaker    4            6.8     2            5.7     2            8.3 Substantially weaker    0            0.0     0            0.0     0            0.0 **Total**    59         100.0     35         100.0     24         100.0 **

For this question,    7     respondents answered “My bank does not originate non-QM jumbo residential mortgages.”

F. 	  Demand for mortgages that your bank categorizes as	non-QM non-jumbo residential mortgages was:

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentSubstantially stronger    1            1.9     1            3.0     0            0.0 Moderately stronger    6           11.1     5           15.2     1            4.8 About the same    43          79.6     25          75.8     18          85.7 Moderately weaker    4            7.4     2            6.1     2            9.5 Substantially weaker    0            0.0     0            0.0     0            0.0 **Total**    54         100.0     33         100.0     21         100.0 **

For this question,    12    respondents answered “My bank does not originate non-QM non-jumbo residential mortgages.”

G. 	  Demand for mortgages that your bank categorizes as	subprime residential mortgages was:

**Responses are not reported when the number of respondents is 3 or fewer. **

26. 	    	Over the past three months, how have your bank's credit	standards for approving applications for revolving home equity	lines of credit changed?      

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0          0.0     0          0.0     0          0.0 Tightened somewhat    1          1.5     1          2.6     0          0.0 Remained basically unchanged   61         92.4    35         89.7    26         96.3 Eased somewhat    4          6.1     3          7.7     1          3.7 Eased considerably    0          0.0     0          0.0     0          0.0 **Total**   66        100.0    39        100.0    27        100.0 **

27. 	    	Apart from normal seasonal variation, how has demand for	revolving home equity lines of credit changed over the past	three months? (Please consider only funds actually disbursed	as opposed to requests for new or increased lines of credit.)      

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentSubstantially stronger    0          0.0     0          0.0     0          0.0 Moderately stronger   18         27.3    12         30.8     6         22.2 About the same   37         56.1    20         51.3    17         63.0 Moderately weaker   11         16.7     7         17.9     4         14.8 Substantially weaker    0          0.0     0          0.0     0          0.0 **Total**   66        100.0    39        100.0    27        100.0 **

28. 	    	Please indicate your bank's willingness to make **consumer	installment loans** now as opposed to three months ago.                      

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentMuch more willing    1          1.5     1          2.7     0          0.0 Somewhat more willing    9         13.8     5         13.5     4         14.3 About unchanged   54         83.1    31         83.8    23         82.1 Somewhat less willing    1          1.5     0          0.0     1          3.6 Much less willing    0          0.0     0          0.0     0          0.0 **Total**   65        100.0    37        100.0    28        100.0 **

29. 	    Over the past three months, how have your bank's credit      standards for approving applications for **credit cards** from      individuals or households changed?                

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0          0.0     0          0.0     0          0.0 Tightened somewhat    2          3.8     2          5.9     0          0.0 Remained basically unchanged   46         86.8    28         82.4    18         94.7 Eased somewhat    4          7.5     3          8.8     1          5.3 Eased considerably    1          1.9     1          2.9     0          0.0 **Total**   53        100.0    34        100.0    19        100.0 **

30. 	    Over the past three months, how have your bank's credit      standards for approving applications for **auto loans** to      individuals or households changed? (Please include loans arising       from retail sales of passenger cars and other vehicles such as minivans,       vans, sport-utility vehicles, pickup trucks, and similar light trucks for       personal use, whether new or used.  Please exclude loans to finance fleet       sales, personal cash loans secured by automobiles already paid for, loans       to finance the purchase of commercial vehicles and farm equipment,       and lease financing.)                

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0          0.0     0          0.0     0          0.0 Tightened somewhat    5          8.2     5         14.7     0          0.0 Remained basically unchanged   49         80.3    23         67.6    26         96.3 Eased somewhat    7         11.5     6         17.6     1          3.7 Eased considerably    0          0.0     0          0.0     0          0.0 **Total**   61        100.0    34        100.0    27        100.0 **

31. 	    Over the past three months, how have your bank's credit      standards for approving applications for **consumer loans other      than credit card and auto loans** changed?                

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0          0.0     0          0.0     0          0.0 Tightened somewhat    2          3.1     1          2.8     1          3.6 Remained basically unchanged   56         87.5    31         86.1    25         89.3 Eased somewhat    6          9.4     4         11.1     2          7.1 Eased considerably    0          0.0     0          0.0     0          0.0 **Total**   64        100.0    36        100.0    28        100.0 **

32. 	    	Over the past three months, how has your bank changed the	following terms and conditions on new or existing **credit card	accounts** for individuals or households?                   

a. 	Credit limits

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    3            6.0     3            9.4     0            0.0 Remained basically unchanged    45          90.0     28          87.5     17          94.4 Eased somewhat    2            4.0     1            3.1     1            5.6 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    50         100.0     32         100.0     18         100.0 **

b. 	Spreads of interest rates charged      on outstanding balances over your bank's cost of funds (wider      spreads=tightened, narrower spreads=eased)

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    2            4.0     2            6.3     0            0.0 Remained basically unchanged    48          96.0     30          93.8     18         100.0 Eased somewhat    0            0.0     0            0.0     0            0.0 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    50         100.0     32         100.0     18         100.0 **

c. 	Minimum percent of outstanding      balances required to be repaid each month

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    0            0.0     0            0.0     0            0.0 Remained basically unchanged    50         100.0     32         100.0     18         100.0 Eased somewhat    0            0.0     0            0.0     0            0.0 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    50         100.0     32         100.0     18         100.0 **

d. 	Minimum required credit score      (increased score=tightened, reduced score=eased)

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    0            0.0     0            0.0     0            0.0 Remained basically unchanged    49          98.0     31          96.9     18         100.0 Eased somewhat    1            2.0     1            3.1     0            0.0 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    50         100.0     32         100.0     18         100.0 **

e. 	The extent to which loans are      granted to some customers that do not meet credit scoring      thresholds (increased=eased, decreased=tightened)

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    2            4.0     2            6.3     0            0.0 Remained basically unchanged    47          94.0     30          93.8     17          94.4 Eased somewhat    1            2.0     0            0.0     1            5.6 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    50         100.0     32         100.0     18         100.0 **

33. 	    	Over the past three months, how has your bank changed the	following terms and conditions on **loans to individuals or	households to purchase autos**?                   

a. 	Maximum maturity

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    1            1.6     1            2.9     0            0.0 Remained basically unchanged    59          95.2     32          91.4     27         100.0 Eased somewhat    2            3.2     2            5.7     0            0.0 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    62         100.0     35         100.0     27         100.0 **

b. 	Spreads of loan rates over your bank's 	cost of funds (wider spreads=tightened, narrower spreads=eased)

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    7           11.3     6           17.1     1            3.7 Remained basically unchanged    49          79.0     24          68.6     25          92.6 Eased somewhat    6            9.7     5           14.3     1            3.7 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    62         100.0     35         100.0     27         100.0 **

c. 	Minimum required down payment 	(higher=tightened, lower=eased)

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    2            3.2     2            5.7     0            0.0 Remained basically unchanged    60          96.8     33          94.3     27         100.0 Eased somewhat    0            0.0     0            0.0     0            0.0 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    62         100.0     35         100.0     27         100.0 **

d. 	Minimum required credit score 	(increased score=tightened, reduced score=eased)

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    4            6.5     3            8.6     1            3.7 Remained basically unchanged    55          88.7     29          82.9     26          96.3 Eased somewhat    3            4.8     3            8.6     0            0.0 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    62         100.0     35         100.0     27         100.0 **

e. 	The extent to which loans are 	granted to some customers that do not meet credit scoring 	thresholds (increased=eased, decreased=tightened)  

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    3            4.8     2            5.7     1            3.7 Remained basically unchanged    59          95.2     33          94.3     26          96.3 Eased somewhat    0            0.0     0            0.0     0            0.0 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    62         100.0     35         100.0     27         100.0 **

34. 	    Over the past three months, how has your bank changed      the following terms and conditions on **consumer loans other than      credit card and auto loans**?             

a. 	Maximum maturity

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    0            0.0     0            0.0     0            0.0 Remained basically unchanged    64         100.0     36         100.0     28         100.0 Eased somewhat    0            0.0     0            0.0     0            0.0 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    64         100.0     36         100.0     28         100.0 **

b. 	Spreads of loan rates over your      bank's cost of funds (wider spreads=tightened, narrower      spreads=eased)

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    2            3.1     2            5.6     0            0.0 Remained basically unchanged    59          92.2     34          94.4     25          89.3 Eased somewhat    3            4.7     0            0.0     3           10.7 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    64         100.0     36         100.0     28         100.0 **

c. 	Minimum required down payment      (higher=tightened, lower=eased)

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    0            0.0     0            0.0     0            0.0 Remained basically unchanged    64         100.0     36         100.0     28         100.0 Eased somewhat    0            0.0     0            0.0     0            0.0 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    64         100.0     36         100.0     28         100.0 **

d. 	Minimum required credit score      (increased score=tightened, reduced score=eased)

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    2            3.1     2            5.6     0            0.0 Remained basically unchanged    61          95.3     33          91.7     28         100.0 Eased somewhat    1            1.6     1            2.8     0            0.0 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    64         100.0     36         100.0     28         100.0 **

e. 	The extent to which loans are      granted to some customers that do not meet credit scoring      thresholds (increased=eased, decreased=tightened)

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentTightened considerably    0            0.0     0            0.0     0            0.0 Tightened somewhat    2            3.1     1            2.8     1            3.6 Remained basically unchanged    60          93.8     34          94.4     26          92.9 Eased somewhat    2            3.1     1            2.8     1            3.6 Eased considerably    0            0.0     0            0.0     0            0.0 **Total**    64         100.0     36         100.0     28         100.0 **

35. 	    	Apart from normal seasonal variation, how has demand from individuals or 	households for **credit card loans** changed over the past three months?                      

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentSubstantially stronger    1          2.0     1          3.0     0          0.0 Moderately stronger    7         13.7     5         15.2     2         11.1 About the same   38         74.5    24         72.7    14         77.8 Moderately weaker    5          9.8     3          9.1     2         11.1 Substantially weaker    0          0.0     0          0.0     0          0.0 **Total**   51        100.0    33        100.0    18        100.0 **

36. 	    	Apart from normal seasonal variation, how has demand from individuals or 	households for **auto loans** changed over the past three months?                      

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentSubstantially stronger    1          1.6     1          2.9     0          0.0 Moderately stronger   14         23.0     7         20.6     7         25.9 About the same   42         68.9    22         64.7    20         74.1 Moderately weaker    4          6.6     4         11.8     0          0.0 Substantially weaker    0          0.0     0          0.0     0          0.0 **Total**   61        100.0    34        100.0    27        100.0 **

37. 	      	Apart from normal seasonal variation, how has demand from individuals or 	households for **consumer loans other than credit card and auto loans**	changed over the past three months?                          

** All RespondentsLarge BanksOther BanksBanksPercentBanksPercentBanksPercentSubstantially stronger    0          0.0     0          0.0     0          0.0 Moderately stronger   10         15.6     4         11.1     6         21.4 About the same   52         81.3    30         83.3    22         78.6 Moderately weaker    2          3.1     2          5.6     0          0.0 Substantially weaker    0          0.0     0          0.0     0          0.0 **Total**   64        100.0    36        100.0    28        100.0 **

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