Discussion Paper
Are There Competitive Concerns in "Middle Market" Lending?
Benson, David A.; Onishi, Ken (2020-08-10)
This note analyzes competition and concentration in "middle market" lending using loan level data obtained from large bank holding companies' Y14 reports to the Federal Reserve. The middle market segment is typically considered to be credit for firms larger than small businesses but too small for large-scale commercial lending or syndicated credit. Lender choice and the supply of credit to large and small firms has been studied extensively by academics and policy makers.
FEDS Notes , Paper 2020-08-10

Discussion Paper
Local Concentration in the Small Business Lending Market and Its Relationship to the Deposit Market
Onishi, Ken (2021-08-24)
This note analyzes competition and concentration in the small business lending market using data obtained from Community Reinvestment Act (CRA) disclosures and data on local branches from the Federal Deposit Insurance Corporation's (FDIC) Summary of Deposits (SOD). In 1963, the Supreme Court defined the product market for commercial banking.
FEDS Notes , Paper 2021-08-24