After an extended period of tightening, C&I lenders have begun to loosen standards in recent quarters

Period Net Percentage of Banks Reporting Tightening C&I Loan Standards for Large Commercial Borrowers Net Percentage of Banks Reporting Tightening C&I Loan Standards for Small and Medium Commercial Borrowers
First Quarter 1997 -5.45 -5.3
Second Quarter 1997 -6.95 -3.5
Third Quarter 1997 -5.70 -1.9
Fourth Quarter 1997 -7.00 -3.5
First Quarter 1998 1.80 1.9
Second Quarter 1998 -7.10 -1.8
Third Quarter 1998 0.00 -5.2
Fourth Quarter 1998 36.40 14.8
First Quarter 1999 7.40 3.7
Second Quarter 1999 10.00 8.3
Third Quarter 1999 5.40 1.9
Fourth Quarter 1999 9.10 1.9
First Quarter 2000 10.90 9.4
Second Quarter 2000 24.60 21.4
Third Quarter 2000 33.90 23.6
Fourth Quarter 2000 43.80 27.3
First Quarter 2001 59.70 45.4
Second Quarter 2001 50.90 36.4
Third Quarter 2001 40.40 31.6
Fourth Quarter 2001 50.90 40.4
First Quarter 2002 45.40 41.8
Second Quarter 2002   25.00 14.5
Third Quarter 2002   21.40 5.5
Fourth Quarter 2002 20.00 18.2
First Quarter 2003 22.00 13.8
Second Quarter 2003 8.90 12.7
Third Quarter 2003 3.50 3.5
Fourth Quarter 2003 0.00 -1.8
First Quarter 2004 -17.90 -10.9
Second Quarter 2004 -23.20 -19.6
Third Quarter 2004 -20.00 -3.7
Fourth Quarter 2004 -21.10 -18.2
First Quarter 2005 -23.60 -12.9
Second Quarter 2005 -24.10 -24.1

Source: Federal Reserve Senior Loan Officer Opinion Survey on Bank Lending Practices