The latest semiannual Supervision and Regulation Report from the Federal Reserve said that most banks had more than the required regulatory capital levels, with “generally … sound” asset quality. But there’s also less positive news on the CRE front — and office, in particular.
The Fed wrote that CRE lending credit performance “remains an area of concern.” The report looked at delinquency rates in CRE loans. They include properties at least 90 days past due or those in nonaccrual status, which means formally restructured “ to ensure repayment and performance need not be maintained, by the Fed’s definition.
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