A line graph showing the four-quarter moving average commercial and industrial (C&I) loan loss rates for small banks and large banks from first quarter 1990 through first quarter 2002. For small banks (with less than $1 billion in assets), C&I loan loss rates were 1.1 percent in first quarter 1990, 1.8 percent in third quarter 1991, 1.5 percent in first quarter 1993, 0.7 percent in third quarter 1994, stayed at 0.6 percent from fourth quarter 1994 through fourth quarter 1998, and rose to 0.8 percent in first quarter 2002. For large banks (with more than $1 billion in assets), C&I loan loss rates were 1.1 percent in first quarter 1990, 1.6 percent in third quarter 1991, 1.1 percent in first quarter 1993, 0.3 percent in third quarter 1994, stayed at 0.2 percent from third quarter 1996 through fourth quarter 1997, and rose to 0.4 percent in fourth quarter 1998, to 0.6 percent in fourth quarter 1999, and to 1.7 percent in first quarter 2002.