Document Type

Working Paper

Publication Date

1996

College/Unit

Regional Research Institute

Document Number

9630

Department/Program/Center

Regional Research Institute

Abstract

The amount of risk that banks assume in lending is a key consideration in the amount of lending that banks ultimately will do. The relationship between default risk and lending levels is addressed here by deriving risk measures based on local economic industry mixes and locational characteristics of bank groups and then testing the degree to which differences in risk in local lending markets affect the asset allocation decisions of banks. FDIC call report data for West Virginia banks are combined with quarterly sectoral failure rate data and earnings data by sectors for the analysis.

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