Chart 5
Bank Asset Mix Has Trended Toward
Loans and Away From Low-risk Securities
(FDIC-Insured Commercial Banks)

Percent of Assets
Year Securities Loans
1934 39.1 31.5
1935 39.5 28.9
1936 39.7 28.4
1937 37.8 30.9
1938 37.8 28.2
1939 35.5 26.7
1940 34.2 26.0
1941 36.5 27.7
1942 49.6 19.8
1943 57.6 16.8
1944 61.0 15.9
1945 61.0 16.4
1946 55.3 20.9
1947 50.2 24.6
1948 46.2 27.9
1949 48.8 27.7
1950 43.9 31.5
1951 41.5 32.8
1952 40.9 34.7
1953 40.2 35.7
1954 41.9 35.6
1955 36.9 40.0
1956 34.2 42.4
1957 34.0 43.1
1958 36.2 42.1
1959 32.3 46.4
1960 31.6 46.8
1961 32.3 45.9
1962 32.1 48.2
1963 31.3 51.0
1964 29.3 51.8
1965 27.6 54.1
1966 25.9 54.7
1967 27.3 52.7
1968 27.0 52.9
1969 23.3 54.7
1970 24.8 52.3
1971 25.8 51.8
1972 24.4 53.2
1973 21.9 55.5
1974 18.2 56.3
1975 20.8 54.3
1976 20.8 53.5
1977 19.2 54.5
1978 17.9 55.8
1979 16.8 55.8
1980 17.5 54.8
1981 16.7 55.8
1982 16.7 55.8
1983 18.1 56.2
1984 15.4 60.9
1985 16.1 60.4
1986 16.5 60.3
1987 17.4 61.5
1988 17.1 62.2
1989 16.9 62.8
1990 17.8 62.7
1991 20.2 60.2
1992 22.0 58.2
1993 22.6 58.2
1994 20.5 59.0
1995 18.8 60.5
1996 17.5 61.5
1997 17.4 59.3
1998 18.0 59.6
1999 18.2 60.9
2000 17.3 61.2
2001 17.9 59.4

Source: FDIC Historical Statistics on Banking