Real Estate Lending Research Articles

Old Second Bancorp., Inc. (Aurora, ILL.)

AbstractCommercial Banking (MIC: SIC: 6022 NAIC: 522110)Old Second Bancorp is a bank holding company. Through its subsidiaries, Co. provides financial services through its 29 banking locations and one commercial loan production office located in Kane, Kendall, DeKalb, DuPage, LaSalle and Will counties in Illinois. Co.'s services include demand, money market, savings, time deposit, individual retirement, and Keogh deposit accounts; commercial, industrial, consumer, and real estate lending, including installment loans, student loans, farm loans, lines of credit, and overdraft checking; safe deposit operations; wealth management services and trust services. At Dec 31 2007, Co. had total assets of $2.66 billion and total deposits of $2.11 billion.

Webster Financial Corp (Waterbury, Conn)

AbstractCommercial Banking (MIC: SIC: 6021 NAIC: 522110)Webster Financial, through its Webster Bank subsidiary and various non‐banking financial services subsidiaries, delivers financial services to individuals, families and businesses throughout southern New England and eastern New York State. Co. also offers equipment financing, commercial real estate lending, asset‐based lending, and insurance premium financing on a regional or national basis. Also, through Webster Bank, Co. provides commercial banking, retail banking, consumer financing, mortgage banking, trust and investment services through 181 banking offices, 343 automatic teller machines and its internet website As of Dec 31 2007, Co. had total assets of $17.20 billion.

Corus Bankshares, Inc.

AbstractCommercial Banking (MIC: SIC: 6021 NAIC: 522110)Corus Bankshares is a bank holding company with total assets of $8.93 billion and total deposits of $7.62 billion as of Dec 31 2007. Co., through its wholly‐owned banking subsidiary, Corus Bank, N.A. (the Bank), is primarily focused on commercial real estate lending and deposit gathering. The third, and smaller, business of the Bank is servicing the check cashing industry. As of Dec 31 2007, the Bank had 11 branches in the Chicago metropolitan area that provides general banking services such as checking, savings, money market, and time deposit accounts as well as safe deposit boxes and a range of additional services.

Park National Corp. (Newark, OH)

AbstractCommercial Banking (MIC: 8.1 SIC: 6021 NAIC: 522110)Park National is a financial holding company. Through its subsidiary banks, Co. is engaged in the commercial banking and trust business, primarily conducted in small and medium population Ohio communities. Co.'s subsidiaries are engaged in the acceptance of deposits for demand, savings and time accounts; commercial, industrial, consumer and real estate lending, including installment loans, credit cards, home equity lines of credit and commercial and auto leasing; trust services; cash management; safe deposit operations; electronic funds transfers; Internet banking; and other banking‐related services. At Dec 31 2007, Co. had total assets of $6.50 billion and total deposits of $4.44 billion.

Washington Mutual Inc.

AbstractOther Depository Banking (MIC: 8.5 SIC: 6035 NAIC: 522120)Washington Mutual is a thrift holding company providing financial services to consumers and small businesses. Co. has four operating segments for management reporting purposes: the Retail Banking Group, which as of Dec 31 2007, operated a retail bank network of 2,257 stores across 15 states throughout the U.S.; the Card Services Group, which operates a nationwide credit card lending business; the Commercial Group, which conducts a multi‐family and commercial real estate lending business in certain markets; as well as the Home Loans Group, which engages in single‐family residential real estate lending, servicing and capital markets activities.

Old Second Bancorp., Inc. (Aurora, ILL.)

AbstractCommercial Banking (MIC: 8.1 SIC: 6022 NAIC: 522110)Old Second Bancorp is a bank holding company. Through its subsidiaries, Co. provides financial services through its 21 banking locations and one commercial loan production office located in Kane, Kendall, DeKalb, DuPage, LaSalle and Will counties in Illinois. Co.'s services include demand, money market, savings, time deposit, individual retirement, and Keogh deposit accounts; commercial, industrial, consumer, and real estate lending, including installment loans, student loans, farm loans, lines of credit, and overdraft checking; safe deposit operations; wealth management services and trust services. As of Dec 31 2007, Co. had total assets of $2.66 billion and total deposits of $2.11 billion.

First Midwest Bancorp, Inc. (Naperville, Il)

AbstractCommercial Banking (MIC: 8.1 SIC: 6021 NAIC: 522110)First Midwest Bancorp is a bank‐holding company. Through its primary bank subsidiary, First Midwest Bank, Co. is engaged in commercial and retail banking, providing various lending, depository, and related financial services such as accepting deposits; commercial and industrial, consumer, and real estate lending; collections; trust and investment management services; cash management services; safe deposit box operations; and other banking services for commercial and industrial, and public or governmental customers. As of Dec 31 2007, Co. had $8.09 billion in total assets, $5.78 billion in total deposits, and 99 banking offices primarily in suburban metropolitan Chicago.

Capital City Bank Group, Inc.

AbstractCommercial Banking (MIC: 8.1 SIC: 6022 NAIC: 522110)Capital City Bank Group is a financial holding company. Through its bank subsidiaries, Co. provides traditional deposit and credit services, asset management, trust, mortgage banking, merchant services, bank cards, data processing, and securities brokerage services through 70 full service banking locations in Florida, Georgia, and Alabama. Co. also has a two mortgage lending offices located in Florida and one additional Georgia community. Co.'s principal banking services include business banking, commercial real estate lending, residential real estate lending, and retail credit. As of Dec 31 2007, Co. had total assets of $2.62 billion and total deposits of $2.14 billion.

Corus Bankshares, Inc.

AbstractCommercial Banking (MIC: 8.1 SIC: 6021 NAIC: 522110)Corus Bankshares is a bank holding company with total assets of $8.93 billion and total deposits of $7.62 billion as of Dec 31 2007. Co., through its wholly‐owned banking subsidiary, Corus Bank, N.A. (the Bank), is primarily focused on commercial real estate lending and deposit gathering. The third, and smaller, business of the Bank is servicing the check cashing industry. As of Dec 31 2007, the Bank had 11 branches in the Chicago metropolitan area that provides general banking services such as checking, savings, money market, and time deposit accounts as well as safe deposit boxes and a range of additional services.

Webster Financial Corp (Waterbury, Conn)

AbstractCommercial Banking (MIC: 8.1 SIC: 6021 NAIC: 522110)Webster Financial, through its Webster Bank subsidiary and various non‐banking financial services subsidiaries, delivers financial services to individuals, families and businesses throughout southern New England and eastern New York State. Co. also offers equipment financing, commercial real estate lending, asset‐based lending, and insurance premium financing on a regional or national basis. Also, through Webster Bank, Co. provides commercial banking, retail banking, consumer financing, mortgage banking, trust and investment services through 181 banking offices, 343 automatic teller machines and its internet website As of Dec 31 2007, Co. had total assets of $17.20 billion.

Washington Mutual Inc.

AbstractOther Depository Banking (MIC: 8.5 SIC: 6035 NAIC: 522120)Washington Mutual is a thrift holding company providing financial services to consumers and small businesses. Co. had four operating segments for management reporting purposes: the Retail Banking Group, which as of Dec 31 2006, operated a retail bank network of 2,225 stores across 15 states throughout the U.S.; the Card Services Group, which operates a nationwide credit card lending business; the Commercial Group, which conducts a multi‐family and commercial real estate lending business in certain markets; as well as the Home Loans Group, which engages in single‐family residential real estate lending, servicing and capital markets activities.

First Midwest Bancorp, Inc. (Naperville, IL)

AbstractCommercial Banking (MIC: 8.1 SIC: 6021 NAIC: 522110)First Midwest Bancorp is a bank‐holding company. Through its primary bank subsidiary, First Midwest Bank, Co. is engaged in commercial and retail banking providing various lending, depository, and related financial services such as accepting deposits; commercial and industrial, consumer, and real estate lending; collections; trust and investment management services; cash management services; safe deposit box operations; and other banking services for commercial and industrial, and public or governmental customers. As of Dec 31 2006, Co. had $8.44 billion in total assets, $6.17 billion in total deposits, and 100 banking offices primarily in suburban metropolitan Chicago.

Park National Corp. (Newark, OH)

AbstractCommercial Banking (MIC: 8.1 SIC: 6021 NAIC:522110)Park National is a bank holding company. Through its subsidiary banks, Co. is engaged in the commercial banking and trust business, primarily conducted in small and medium population Ohio communities. Co.'s subsidiaries are engaged in the acceptance of deposits for demand, savings and time accounts; commercial, industrial, consumer and real estate lending, including installment loans, credit cards, home equity lines of credit and commercial and auto leasing; trust services; cash management; safe deposit operations; electronic funds transfers; Internet banking; and other banking‐related services. As of Dec 31 2006, Co. had total assets of $5.47 billion and total deposits of $3.83 billion.

Old Second Bancorp., Inc. (Aurora, ILL.)

AbstractCommercial Banking (MIC: 8.1 SIC: 6022 NAIC: 522110)Old Second Bancorp is a bank holding company. Through its subsidiaries, Co. provides financial services through its 31 banking locations, one commercial loan production office, and three mortgage banking offices located in Kane, Kendall, DeKalb, DuPage, LaSalle and Will counties in Illinois. Co.'s services include demand, savings, time deposit, individual retirement, and Keogh deposit accounts; commercial, industrial, consumer, and real estate lending, including installment loans, student loans, farm loans, lines of credit, and overdraft checking; safe deposit operations; and trust services. As of Dec 31 2006, Co. had total assets of $2.46 billion and total deposits of $2.06 billion.

Corus Bankshares, Inc.

AbstractCommercial Banking (MIC: 8.1 SIC: 6021 NAIC: 522110)Corns Bankshares is a bank holding company with total assets of $10.06 billion and total deposits of $8.70 billion as of Dec 31 2006. Co. provides consumer and corporate banking products and services through its wholly‐owned banking subsidiary, Corus Bank, N.A. (the Bank). The two main business activities for the bank are commercial real estate lending and deposit gathering. The third, and smaller, business is servicing the check cashing industry. The bank has 11 retail branches in the Chicago metropolitan area and provides general banking services such as checking, savings, money market and time deposit accounts, as well as safe deposit boxes and a variety of additional services.

The effect of diversification across businesses and within lending activities on risks of commercial banks' portfolios: evidence from South Korea

This paper investigates the effects of diversification across interest and non-interest activities, as well as, the effects of diversification within lending activities on banks' risk and return measures. Aggregate and panel data from the restructured (after 1997 crisis) banking industry of South Korea for the period 2002-2006 are used. Our results indicate that high level of diversification across interest and non-interest activities, as well as, across broad type of loans (i.e., corporate, household and other loans) is negatively significantly correlated with insolvency risk and positively significantly correlated with risk-adjusted returns, providing evidence for the market-discipline hypothesis. Concerning bank loan portfolio risks, less diversified across industries, loan portfolios are correlated with higher non-performing loan ratio. A shift from manufacture lending towards real estate and lease business lending can reduce the risk of bank loan portfolio. Therefore, bank regulations that focus on stable profitability and bank soundness should provide incentives for diversification.

First Midwest Bancorp, Inc. (Naperville, IL)

AbstractCommercial Banking (MIC: 8.1 SIC: 6021 NAIC: 522110)First Midwest Bancorp is a bank‐holding company. Through its primary bank subsidiary, First Midwest Bank, Co. is engaged in commercial and retail banking providing various lending, depository, and related financial services such as accepting deposits; commercial and industrial, consumer, and real estate lending; collections; trust and investment management services; cash management services; safe deposit box operations; and other banking services for commercial and industrial, and public or governmental customers. As of Dec 31 2006, Co. had $8.44 billion in total assets, $6.17 billion in total deposits, and 100 banking offices primarily in suburban metropolitan Chicago.

Park National Corp. (Newark, OH)

AbstractCommercial Banking (MIC: 8.1 SIC: 6021 NAIC: 522110)Park National is a bank holding company. Through its subsidiary banks, Co. engages in the commercial banking and trust business, primarily conducted in small and medium population Ohio communities. Co.'s subsidiaries are engaged in the acceptance of deposits for demand, savings and time accounts; commercial, industrial, consumer and real estate lending, including installment loans, credit cards, home equity lines of credit and commercial and auto leasing; trust services; cash management; safe deposit operations; electronic funds transfers; Internet banking; and other banking‐related services. As of Dec 31 2006, Co. had total assets of $5.47 billion and total deposits of $3.83 billion.

Washington Mutual Inc.

AbstractOther Depository Banking (MIC: 8.5 SIC: 6035 NAIC: 522120)Washington Mutual is a thrift holding company providing financial services to consumers and small businesses. Co. had four operating segments for management reporting purposes: the Retail Banking Group, which as of Dec 31 2006, operated a retail bank network of 2,225 stores across 15 states throughout the U.S.; the Card Services Group, which operates a nationwide credit card lending business; the Commercial Group, which conducts a multi‐family and commercial real estate lending business in certain markets; as well as the Home Loans Group, which engages in single‐family residential real estate lending, servicing and capital markets activities.

Old Second Bancorp., Inc. (Aurora, ILL.)

AbstractCommercial Banking (MIC: 8.1 SIC: 6022 NAIC: 522110)Old Second Bancorp is a bank holding company. Through its subsidiaries, Co. provides financial services through its 31 banking locations, one commercial loan production office, and three mortgage banking offices located in Kane, Kendall, DeKalb, DuPage, LaSalle and Will counties in Illinois. Co.'s services include demand, savings, time deposit, individual retirement, and Keogh deposit accounts; commercial, industrial, consumer, and real estate lending, including installment loans, student loans, farm loans, lines of credit, and overdraft checking; safe deposit operations; and trust services. As at Dec 31 2006, Co. had total assets of $2.46 billion and total deposits of $2.06 billion.