U.S. Capital Markets Glide Path to Clearer Skies

Small & community banks have more exposure … but their shares of outstanding CRE debt is relatively low

CRE Loans % of Total Assets

Share of CRE Debt Outstanding

Large Banks (>$250B)

Regional Banks ($10B - $250B) Small Banks ($100M - $1B)

Community Banks ($1 -$10B)

Small Banks

3%

Smallest (<$100M)

35

32%

30

Commuity Banks

10%

26%

25

20

Top 25 Banks "Large"

12%

15

10

Regional Banks

14%

5

0

Other Lending Vehicles

61%

0% 10% 20% 30% 40% 50% 60% 70%

27

Source: FDIC, Mortgage Bankers Association. Note: Share of Total Debt Outstanding does not equate to 100% because other non-bank lender types were excluded from the visualization.