John Toohig and Nate Stovall discuss the state of the U.S. banking industry, covering topics such as surging deposit costs, rising defaults, and a freeze on loan liquidity. They also explore declining margins in the bank loan market, the usage of held to maturity portfolios in banking, credit delinquencies and default rates, impacts of reserve methodology, challenges in the mortgage industry, interest rates and deposit growth, and market dynamics shifting from a seller's to a buyer's market.
