In their recent quarterly report.
"The interest-rate environment and competitive lending conditions continue to pose challenges for many institutions. Some banks have responded by “reaching for yield” through investing in higher-risk and longer-term assets.
Going forward, the industry must manage interest-rate risk, liquidity risk, and credit risk carefully to continue to grow on a long-run, sustainable path.
The industry also must be prepared to manage the inevitable economic downturn, whenever it comes, smoothly and without undue disruption to the financial system."
The FDIC doesn't issue these types of warnings lightly or regularily, not at all. And with home sales tumbling across the board, it's clear the cycle has turned and we are either in or about to be in a recession.
https://www.zerohedge.com/news/2018-05-24/existing-home-sales-tumble-april-rate-hikes-crush-affordability
Don't shoot the messenger. Learn to accept and adapt to the facts.