Variables | Description |

LnZ | Natural logarithm of Z-score |

Shadow | The ratio of Redemptory Monetary Capital for Sale |

LnNIM | Natural logarithm of net interest margin |

LnSize | Natural logarithm of size |

LnROA | Natural logarithm of return on total assets |

LnDTL | Natural logarithmof the ratio of deposit-to-loan |

LnCIR | Natural logarithm of the ratio of cost to income |

LnGDP | Natural logarithm of GDP |

Dum1 | Dum1 = 1, if it is a state-owned commercial bank;otherwise, Dum1 = 0 |

Dum2 | Dum2 = 1, if it is an urban commercial bank;otherwise, Dum1 = 0 |