Banks have been finding most of their growth in loans to businesses and commercial real estate, a recent survey by Bank Director magazine found.
The survey was completed between May and July by 168 CEOs, independent directors and senior executives of U.S. banks with more than $250 million in assets.
According to Bank Director, 85 percent of respondents expect to see growth opportunities for commercial real estate lending, and 56 percent in commercial & industrial lending.
Total loans and leases for the nation’s banks grew 5.4 percent year over year, to $8.4 trillion in the first quarter 2015, according to the Federal Deposit Insurance Corp.