Working Paper
Evaluating the productive efficiency and performance of U.S. commercial banks
Zimmel, Sheri; Siems, Thomas F.; Killgo, Kory A.; Barr, Richard S. (1999)
This paper reviews various approaches to the measurement of core inflation that have been proposed in recent years. The objective is to determine whether the European Central Bank (ECB) should pay special attention to one or other of these measures in assessing inflation developments in the euro area. I put particular emphasis on the conceptual and practical problems that arise in the measurement of core inflation, and propose some criteria that could be used by the ECB to choose a core inflation measure.
Financial Industry Studies Working Paper , Paper 99-3

Journal Article
Banks Face New Challenges as Texas Rebounds from COVID-19 Shock
Chapel, Amy; Killgo, Kory A.; Klemme, Kelly (2021)
The banking industry faced significant challenges from the COVID-19 pandemic in 2020, with profitability declining to levels not seen since the 2008–09 financial crisis. While strong economic growth during 2021 is expected as the economy reopens, some credit deterioration and losses are still possible as fiscal stimulus and national forbearance programs end.
Southwest Economy , Issue Second Quarter

Journal Article
Banking on Basel : an alternative for capital requirements
Robinson, Kenneth J.; Killgo, Kory A. (2006-07)
Equity capital represents a bank?s net worth?the difference between its assets and liabilities. Put another way, it?s the value of assets financed by the bank?s owners, rather than depositors or other sources of funds. Capital serves as a buffer to absorb losses and prevent failures and figures prominently in the banking industry?s ability to lend.
Southwest Economy , Issue Jul , Pages 11-13, 16

Journal Article
Is Texas overbanked?
Killgo, Kory A. (2008-03)
A good way to answer that question is to compare the availability of banking services in Texas withavailability in other parts of the country.
Southwest Economy , Issue Mar , Pages 10-13

Journal Article
District banks' exposure to modified loans limited
Killgo, Kory A. (2010-10)
Banks in the Eleventh Federal Reserve District are performing better than their peers. However, signs of strain are still evident following the recession and financial market crisis. Some banks that restructure troubled loans by granting borrowers easier terms subsequently find the loans delinquent again. ; While the number of restructured loans has grown dramatically, these loans remain a small part of the average bank's balance sheet, a review of district data shows. Lenders here are less likely to carry restructured loans than banks around the country, and when they do hold such assets, ...
Southwest Economy , Issue Q4 , Pages 16-19

Journal Article
New Mexico banking: one state, two experiences
Killgo, Kory A. (2016)
Financial Insights , Volume 5 , Issue 4 , Pages 1-5

Journal Article
Community Banks Flipping to State Charters
Killgo, Kory A.; Hudson, Gregory J. (2017)
Financial Insights , Volume 6 , Issue 1 , Pages 1-4

Journal Article
COVID-19, Oil Price Collapse, Dimming Outlook for Banks in 2020
Killgo, Kory A.; Chapel, Amy (2020)
Eleventh District banks face challenges from instability in the energy sector and economic fallout from the COVID-19 pandemic. While district banks finished 2019 on solid footing, and regulatory and monetary interventions will buffer some of the headwinds, we expect profitability, credit quality and bank capital to decline in 2020.
Southwest Economy , Issue Second Quarter

Report
Texas Banks Enter This Downturn on Better Footing
Killgo, Kory A.; Moore, Robert R. (2015)
The oil price plunge that began in mid-2014 is reminiscent of the state?s big bust nearly three decades ago, when oil prices declined more than 70 percent in real terms.
Annual Report

Journal Article
Changing Economy Likely to Test Banks as Stimulus Ends, Growth Slows
Chapel, Amy; Killgo, Kory A. (2022)
Banks in the region and the U.S., which have benefited from pandemic-era fiscal stimulus, face downside risks arising from Russia’s invasion of Ukraine, ongoing COVID-19 shocks abroad and expectations of significant central bank tightening to address elevated inflation.
Southwest Economy , Issue Second Quarter