Insights
IntraFi Insights
December 18, 2024
While banks have retained $2.0 trillion from the Pandemic-era deposit surge, deposits have returned to their pre-Pandemic levels relative to U.S. GDP, indicating that banks can sustain the new, elevated deposit level.
December 12, 2024
Commercial bank deposits have re-established their historical growth pattern at a new, elevated level following a multi-year period of deposit market dislocation that began with the pandemic.
November 22, 2024
Q3 call report data shows that banks are better prepared now to absorb security portfolio stress than they were leading up to SVB's collapse.
November 13, 2024
Newly available FDIC Call Report data shows that deposit growth resumed in Q3, supported by banks of all sizes.
October 10, 2024
The Fed’s 50-bps cut has so far had a bigger impact on the rates paid by money market mutual funds, whereas banks have mostly kept their rates on money market deposit accounts steady.
September 27, 2024
Investments in retail money funds appear to have slowed in the days immediately following the Fed's interest rate cut. Is this a blip, or is it an early signal of what is to come?
September 12, 2024
Funding mix shift coming? The Fed is widely expected to lower interest rates next week. History suggests this will lead to a drop in time deposits.
August 12, 2024
Smaller banks added deposits in the second quarter, while super-regional and mega banks saw their deposit levels decline.
August 1, 2024
With markets seeing a September interest rate cut as increasingly likely, banks might expect deposit relief not only in terms of cost but also availability. Data shows that money market fund (MMF) yields are strongly correlated with changes in the Fed Funds Effective rate, meaning MMF yields will likely begin to fall soon after the Fed makes its first cut. In contrast, bank deposit data shows that banks passed along only 37% of the Fed’s rate cuts in the last falling-rate window from Q4 2019 to Q2 2020.
May 9, 2024
A year after SVB’s collapse, and several months after the FDIC enhanced supervision of banks with uninsured deposit levels above 50%, banks have reduced large deposits as a percentage of their overall deposit mix. (SVB’s were around 90% when it failed.)
April 18, 2024
Large time deposits hit an all-time high on February 28 before declining throughout March. But in April, they’ve been rising again. Have they peaked, or did last month represent a temporary dip?
April 9, 2024
Community banks are famous for their customer service. No surprise, then, that the lion’s share of IntraFi-placed reciprocal deposits—used to forge stronger, deeper relationships with local customers—are held by smaller institutions.
April 4, 2024
Loan-to-deposit ratios at year-end 2023 showed that community and midsize banks—including mission-driven banks designated as CDFIs and/or MDIs—allocated a greater share of their deposits to lending activity in support of local economic development.
March 25, 2024
On average, banks of all sizes saw deposit growth in Q4 2023; however, only the community bank sector produced loan growth rates that outpaced deposit gains.
March 14, 2024
FDIC Call Report data at year-end 2023 showed US commercial banks’ large time deposits climbing to 4.8% of total deposits, nearly erasing the entire drop seen after the 2016-2018 rising-rate period. FRED data from early 2024 shows banks’ continued increase in large time deposits to start the year.
March 8, 2024
Ahead of the expiration of the Bank Term Funding Program (BTFP) on March 11, participants hold $160bn+ of advances. Banks will need to seek funds from other sources to repay the loans as they mature over the next 12 months.
February 27, 2024
After six straight quarters of decline, total deposits of U.S. banks reversed course and grew in the fourth quarter of 2023, rising to $18.8T.
February 26, 2024
After peaking at more than $2.5T in December 2022, Overnight Reverse Repo Facility balances have fallen to around $500B as of February 2024. The continued decline of the facility’s usage has the industry anticipating reserves in the banking system will decline as the Fed continues QT.
Peer Intelligence®
The Professional Community for Bank Executives
Find Us Here
January 26, 2025
Bank Director’s Acquire or Be Acquired Conference
Join us at the Bank Director’s Acquire or Be Acquired Conference!
January 26, 2025
Independent Bankers Association of Texas 2025 Winter Summit
Join us at the Independent Bankers Association of Texas 2025 Winter Summit
View all Events
Articles
July 23, 2024
Managing Liquidity in an Uncertain Rate Environment
With elevated customer demand for safe cash investments, increased competition for deposits, and potential rate cuts on the horizon, banks are strategizing carefully to maintain competitiveness while minimizing risk exposure when it comes to interest rates.
July 3, 2024
Choosing a Deposit Network and Maximizing Its Value for Your Bank
In a market where deposit competition is fierce and industry turmoil has placed an increased emphasis on safety, one of the best ways to proactively reassure your most-valued customers could be joining a reciprocal deposit network.
View all ARticles
