While banks have increased their share of outstanding loans since the financial crisis, a significant portion of residential mortgage lending and leveraged lending has migrated out of banks, according to recent data from the FDIC .

The share of 1-4 family mortgages outstanding held by banks declined dramatically from 74 percent in 1978 to 24 percent in second quarter 2019. The share of primary leveraged loan purchases made by banks declined from 30 percent in 1994 to 3 percent in 2018.