Commercial bank lending nationwide declined in the first quarter for the first time in seven quarters.
Lending was down 0.89 percent in the first quarter of 2013, according to a report by Sterne Agee. It hasn’t declined since the first quarter of 2011.
The first-quarter lending levels of Kansas City-area commercial banks are not yet available, but the national trend probably will affect local banks, too. Kansas City-based commercial banks have had three-straight quarters of loan growth, with…
Commercial bank lending nationwide declined in the first quarter for the first time in seven quarters.
Lending was down 0.89 percent in the first quarter of 2013, according to a report by Sterne Agee. It hasn’t declined since the first quarter of 2011.
The first-quarter lending levels of Kansas City-area commercial banks are not yet available, but the national trend probably will affect local banks, too. Kansas City-based commercial banks have had three-straight quarters of loan growth, with…