미국의 중소기업을 위한 지역금융 연구

This paper investigates the function of financing system for SMEs in the U.S. banking system. We test empirically the quarterly Call report data by s FDIC from 2000 to 2004 and it analyzes the SMEs' financial behaviors in the US financial system.In order to eliminate the problem of OLS analysis with homoskedasticity, we use the heterskedasticity-consistent-variance by White. The results are following. First, SMEs' financing generally is increased in the process of the growing size of bank, and the community banking institutes have a propensity to lend out for SMEs, Second, the size of the bank is not directly related to adjusted ROA and the fact that the community banks' ROA is less than national banks' is not elucidated. Third, SMEs lending out has negative relationship with delinquency ratio and the SMES lending out is not directly related to the increase of delinquency ratio. Forth, Tier 1 capital has positive relationship with the delinquent ratio and the risk ratio and it shows that larger US banks by M&A finance aggressively. The importance of the community banks should be recognized and the introduction of the incentive system such as, for overcoming the deep rooted barrier of insufficient SME financing, CRA(Community Reinvestment Act), should be considered.