| Chart
5
|
| Use of non-interest-bearing liabilities has helped to support net interest margins | ||
| Year | Net interest margin on Interest-Bearing Liabilities (percent) | Net interest margin on Non-Interest-Bearing Liabilities (percent) |
|---|---|---|
| 1997 | 3.45 | 1.17 |
| 1998 | 3.34 | 1.12 |
| 1999 | 3.37 | 1.03 |
| 2000 | 3.24 | 1.06 |
| 2001 | 3.47 | 0.89 |
| 2002 | 3.34 | 0.86 |
| 2003 | 3.22 | 0.73 |
| 2004 | 3.09 | 0.79 |
| 2005 | 2.96 | 0.90 |
| Source: FDIC -"Profits
and Balance Sheet Developments at U.S. Commercial Banks in 2003," Federal Reserve, Federal Reserve Bulletin, Spring 2004. |