We are also developing a number of sources of information to help us evaluate whether banks are achieving the right balance between sound lending and necessary prudence. For example, examiners are collecting information on banks’ workout practices and loan restructurings, which will act as a baseline for assessing the effectiveness of supervisory guidance.
In addition, we have asked banks for more frequent and detailed information on smaller business loans, and we have added questions to our own Senior Loan Officer Opinion Survey on Bank Lending Practices to assess changes in lending to small businesses, augmenting questions already in the survey.