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Chart 31
California’s residential loans performed better than other credits during housing slump.
(Commercial banks with assets under $1 billion; California net charge-off rate by loan type 1991-1995 peak.)
| Types of Loans |
Basis Points |
| Residential Real Estate |
75 (in 1994) |
| Construction Real Estate |
321 (in 1992) |
| Commercial Real Estate & Multi-Family |
140 (in 1994) |
| Commercial & Industrial |
388 (in 1992) |
| Consumer Installment |
238 (in 1993) |
| Total Loans |
191 (in 1992) |
Note: Residential real estate is 1-4 family and home equity.
Source: Integrated Banking Information System (Office of the Comptroller of the Currency). |