Rising Long-Term Asset Concentrations Suggest Interest Rate Risk Has Risen for Institutions Specializing in Residential Lending

% of Institutions with Long Term Assets to Earning Assets of:

Year 91 92 93 94 95 96 97 98 99 00 01
Greater than 50% 11 12 14 15 15 20 22 31 39 38 41
40 to 50 percent 9 12 11 11 11 10 16 19 17 16 15
30 to 40 percent 15 15 15 12 12 16 17 15 14 14 15

Source: Bank Call Reports
Includes mortgage specialists (Call Report filers with residential loans greater than 50 percent of earning assets.)