Table 3.

Regressions of CIR on log(Total Assets) and controls, for non-SIBs

	(1)	(2)	(3)	(4)	(5)	(6)	(7)
Log(Total Assets)	$-$1.513***	$-$2.100***	$-$2.018***	$-$2.715***	$-$3.017***	$-$2.165***	$-$4.179***
	(0.373)	(0.404)	(0.387)	(0.565)	(0.378)	(0.367)	(0.608)
Deposits/Assets (%)	$-$0.041				0.037	0.066	0.005
	(0.098)				(0.086)	(0.087)	(0.101)
Mortgages/Assets (%)	$-$0.102				$-$0.091	$-$0.160*	0.004
	(0.083)				(0.092)	(0.088)	(0.132)
Trading/Assets (%)	0.268				0.018	$-$0.277	0.124
	(0.492)				(0.264)	(0.340)	(0.644)
Net Int. Inc./Op. Inc. (%)		$-$0.082			$-$0.107	$-$0.044	$-$0.151
		(0.097)			(0.091)	(0.128)	(0.118)
Commission Inc./Op. Inc. (%)		0.189*			0.193*	0.218	0.130
		(0.105)			(0.099)	(0.139)	(0.147)
Trading Inc./Op. Inc. (%)		$-$0.218			$-$0.266*	$-$0.173	$-$0.296
		(0.161)			(0.140)	(0.157)	(0.271)
Capital/Assets (%)			$-$1.375***		$-$1.780***	$-$1.633***	$-$1.670***
			(0.320)		(0.309)	(0.302)	(0.365)
RWA/Assets (%)			0.367***		0.225***	0.276***	0.125
			(0.084)		(0.084)	(0.095)	(0.108)
Domestic/Total Assets (%)				$-$0.301			$-$0.198
				(0.251)			(0.311)
HHI of Mtg Holdings (/1000)				$-$1.043**			$-$0.758*
				(0.425)			(0.443)
Avg. Local HHI (/1000)				$-$0.235			$-$0.066
				(1.100)			(1.256)
Year FE?	Yes	Yes	Yes	Yes	Yes	Yes	Yes
Bank FE?	No	No	No	No	No	No	No
Years	All	All	All	All	All	1997–2006	2010–2019
Nr. banks	148	148	139	111	139	137	96
N	2386	2386	2242	1607	2242	1064	880
Mean(dep. var.)	53.72	53.72	54.14	55.78	54.14	50.90	57.89
SD(dep. var.)	9.93	9.93	9.88	9.56	9.88	9.06	9.44
Adj. R2	0.21	0.24	0.27	0.24	0.33	0.21	0.37
Adj. R2 (within)	0.07	0.10	0.16	0.17	0.23	0.17	0.37

Robust standard errors (clustered by bank) in parentheses.

Significance: *$<0.1$, *$<0.05$, ***$<0.01$