While the nation’s largest 25 banks originate more commercial and industrial loans, their real estate lending has shrunk an annualized 5.2% so far in the second quarter from the end of the first quarter.

C&I lending is driving an annualized 2.5% increase in overall lending in the second quarter. However, real estate lending is slowing the pace. 

Total real estate loans declined $15.2 billion in the second quarter, including a decline of $4.7 billion, or 3.1% annualized, in single-family mortgages. Meanwhile, C&I loans continue to grow at a solid clip, increasing $29.3 billion, or an annualized 16.3%, thus far in the second quarter.

Click on the image below to get a breakdown of lending by the 25 largest banks so far in the second quarter, according to the Federal Reserve.

 — Justin T. Hilley