Table X. The impact of bank capital on... | Emerald Publishing

Table X.

The impact of bank capital on performance

	Model-1	Model-2	Model-3	Model-4	Model-5	Model-6
Variables	CAR and LNZSCORE	CAR and NPLTL	CAR and LLPNIR	ETAR and LNZSCORE	ETAR and NPLTL	ETAR and LLPNIR
ROAB_t−1	0.555*** (5.76)	0.432*** (5.01)	0.512*** (4.86)	0.512*** (7.10)	0.419*** (5.62)	0.480*** (5.55)
CAR	0.002** (2.48)	0.001* (1.63)	0.001** (2.09)
ETAR				0.136*** (3.37)	0.074* (1.76)	0.093** (2.47)
LNZSCORE	0.003** (2.24)			0.002** (2.10)
NPLTL		−0.048*** (−6.01)			−0.043*** (−5.53)
LLPNIR			−0.005* (−1.65)			−0.004* (−1.88)
LIQD	0.016*** (2.71)	0.014*** (3.22)	0.0195*** (3.74)	0.025*** (4.38)	0.019*** (3.49)	0.026*** (4.90)
OETA	0.242*** (2.76)	0.170** (1.96)	0.164 (1.56)	0.205*** (3.44)	0.155** (2.19)	0.141* (1.76)
LP	0.011*** (7.17)	0.0096*** (8.01)	0.011*** (8.09)	0.013*** (8.75)	0.010*** (7.94)	0.012*** (9.93)
OFBSTA	−0.009*** (−4.20)	−0.009*** (−5.93)	−0.008*** (-3.67)	−0.007*** (−6.84)	−0.008*** (−9.15)	−0.006*** (−4.77)
INCD	0.012** (2.39)	0.023*** (4.51)	0.018** (2.25)	0.023*** (5.09)	0.028*** (7.10)	0.026*** (4.48)
CONC3	0.076*** (5.01)	0.071*** (6.66)	0.068*** (5.03)	0.052*** (5.36)	0.058*** (6.21)	0.051*** (5.22)
GGR	0.00002 (0.03)	0.001 (1.06)	0.0001 (0.18)	0.0002 (0.33)	0.0006 (1.17)	0.0002 (0.48)
Intercept	−0.018* (−1.82)	−0.011* (−1.37)	−0.0148* (−1.60)	−0.031*** (−5.79)	−0.019*** (−3.69)	−0.025*** (−4.25)
Adjusted R²	0.68	0.57	0.57	0.62	0.68	0.67
F-statistic	86.64***	92.73***	87.59***	86.21***	92.49***	87.26***
Bank-year observations	413	413	413	413	413	413
Number of banks	30	30	30	30	30	30

	Model-1	Model-2	Model-3	Model-4	Model-5	Model-6
Variables	CAR and LNZSCORE	CAR and NPLTL	CAR and LLPNIR	ETAR and LNZSCORE	ETAR and NPLTL	ETAR and LLPNIR
ROAB_t−1	0.555*** (5.76)	0.432*** (5.01)	0.512*** (4.86)	0.512*** (7.10)	0.419*** (5.62)	0.480*** (5.55)
CAR	0.002** (2.48)	0.001* (1.63)	0.001** (2.09)
ETAR				0.136*** (3.37)	0.074* (1.76)	0.093** (2.47)
LNZSCORE	0.003** (2.24)			0.002** (2.10)
NPLTL		−0.048*** (−6.01)			−0.043*** (−5.53)
LLPNIR			−0.005* (−1.65)			−0.004* (−1.88)
LIQD	0.016*** (2.71)	0.014*** (3.22)	0.0195*** (3.74)	0.025*** (4.38)	0.019*** (3.49)	0.026*** (4.90)
OETA	0.242*** (2.76)	0.170** (1.96)	0.164 (1.56)	0.205*** (3.44)	0.155** (2.19)	0.141* (1.76)
LP	0.011*** (7.17)	0.0096*** (8.01)	0.011*** (8.09)	0.013*** (8.75)	0.010*** (7.94)	0.012*** (9.93)
OFBSTA	−0.009*** (−4.20)	−0.009*** (−5.93)	−0.008*** (-3.67)	−0.007*** (−6.84)	−0.008*** (−9.15)	−0.006*** (−4.77)
INCD	0.012** (2.39)	0.023*** (4.51)	0.018** (2.25)	0.023*** (5.09)	0.028*** (7.10)	0.026*** (4.48)
CONC3	0.076*** (5.01)	0.071*** (6.66)	0.068*** (5.03)	0.052*** (5.36)	0.058*** (6.21)	0.051*** (5.22)
GGR	0.00002 (0.03)	0.001 (1.06)	0.0001 (0.18)	0.0002 (0.33)	0.0006 (1.17)	0.0002 (0.48)
Intercept	−0.018* (−1.82)	−0.011* (−1.37)	−0.0148* (−1.60)	−0.031*** (−5.79)	−0.019*** (−3.69)	−0.025*** (−4.25)
Adjusted R²	0.68	0.57	0.57	0.62	0.68	0.67
F-statistic	86.64***	92.73***	87.59***	86.21***	92.49***	87.26***
Bank-year observations	413	413	413	413	413	413
Number of banks	30	30	30	30	30	30

Notes:

***Significance at 1 per cent level;

**significance at 5 per cent level;

*significance at 10 per cent level; Numbers in parentheses are t-statistics;

Author calculations using TSLS in Eviews