In our "BANK BALANCE SHEET WEEKLY DASHBOARD", loan growth continues across the banking industry (FRB H.8 data reporting through week of August 9). Community banks continue at 5 - 6 percent growth rate over past month, quarter and year. Large banks (top 100) have been steady but at slower growth rate of+2 percent. Small bank (approximately $9 billion or less in total assets) seeing growth in CREL, construction, residential mortgages and consumer.

Deposit growth at community banks has also continues strong at 5 - 7 percent. Large bank deposit growth continues but at slightly slower pace. Use of borrowings differed between community banks and large banks this past 4-week period with community banks showing decline, while large banks increased use of borrowings.