Variable | Z-Score | |||
(1) | (2) | (1) | (2) | |
Small Banks | Big Banks | Small Banks | Big Banks | |
Tier 1 Cap (−1) | 8.668*** (2.856) | 0.992 (2.330) |
|
|
Tier 1 Lev (−1) |
|
| 8.670*** (3.257) | 9.411 (5.737) |
LLPGL (−1) | −0.924*** (0.186) | −0.806** (0.362) | −1.010*** (0.201) | −0.858** (0.385) |
COV (−1) | −0.229*** (0.0808) | −0.101 (0.129) | −0.225*** (0.0742) | −0.0886 (0.120) |
TEXASR (−1) | −11.44*** (3.870) | −3.277 (12.66) | −10.61*** (3.587) | −0.657 (12.64) |
SIZE (−1) | 0.00346 (0.109) | 0.0822 (0.127) | 0.0455 (0.116) | 0.124 (0.125) |
LIQ (−1) | −1.170** (0.534) | 0.107 (0.656) | −0.833 (0.615) | 0.0646 (0.582) |
EFF (−1) | −0.713*** (0.206) | −0.490*** (0.132) | −0.661*** (0.196) | −0.477*** (0.121) |
ΔGDP (−1) | 0.176 (0.365) | −0.312 (0.316) | 0.191 (0.348) | −0.320 (0.321) |
EURIBOR (−1) | 11.84 (51.36) | −14.36 (64.74) | 16.14 (47.85) | −15.22 (67.01) |
HHI (−1) | 1.665 (1.498) | 0.0336 (0.549) | 1.034 (1.549) | 0.0622 (0.533) |
Time FE | Yes | Yes | Yes | Yes |
Country FE | Yes | Yes | Yes | Yes |
Cluster S.E. Bank | Yes | Yes | Yes | Yes |
Observations | 1353 | 1193 | 1361 | 1194 |