ATLANTA — The demand for commercial and industrial loans at banks across the country has ranged from flat and declining to strong and competitive since August.
Banks provided their assessment of C&I loan activity in the Federal Reserve Board's Summary on Commentary of Current Economic Conditions released Nov. 29. Commonly known as the "Beige Book," this report is published eight times per year.
In the Fed's Cleveland-based fourth district, commercial and consumer loan demand has been flat to declining for most banks since early October. Several bankers are concerned about small increases in delinquencies, but credit quality remains relatively strong, according to the Fed. The consensus outlook by district bankers is for a continuation of tight margins and a modest deterioration in credit quality.
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