More than 50% of CRE lending is done by small banks, apparently. ≈$2.7T for small banks I believe vs ≈$2.5T done by big banks.

Plus, the problems with CRE are much more evenly spread across the country apparently. So small banks are particularly vulnerable to the coming problems with CRE.

I don’t know the numbers, but apparently there are lots of CRE loans with adjustable rates that are set to expire over the next 12 months too. This could all put a lot of stress on small banks around the country.

Residential real estate problems could be much more variable based on the region, but it seems like the CRE problems could be more widespread.