As a result, most of them were on the same side of the order flow. Moreover, the usual dollar funding channels dried up, to a certain extent because the suppliers themselves had an increasing need for dollars, which in itself was partially due to mounting concerns about counterparty risk. This put pressure on both the demand and supply sides of the dollar market.
*  *  *  In 2003 community banks once again demonstrated their value to their shareholders, delivering solid profitability. Community banks - by that I mean commercial banks with assets less than $ billion earned $ billion in 2003, based on preliminary Call Report data.