Baseline Model (Bank-Year Level)

Variable

Dependent Var. = ALLP

Intercept

1.719

(1.26)

HCE

0.001**

(2.20)

SCE

−0.00001

(−0.12)

RCE

0.888**

(2.51)

TIER1

0.814

(1.24)

ROA

−35.186***

(−17.99)

LIQUIDITY

0.241

(1.00)

NPL

−29.872***

(−29.98)

CI

1.192***

(6.75)

LOANS/DEP

0.282***

(2.60)

SIZE

−0.073***

(−4.67)

GDPPC

−0.069

(−0.56)

UNEMPLOYMENT

−0.050***

(−6.32)

POPULATION

0.093***

(6.28)

YEAR FIXED EFFECTS

YES

Adj. R2

0.0487

# of Observations

106,272