A combined bar and line chart showing the loan pipeline ratio and the four-quarter moving average for September 1990 through September 2001. The ratio was 67 percent in September 1990; 69 percent in 1991; 65 percent in 1992; 59 percent in 1993; 53 percent in 1994; 54 percent in 1995; 55 percent in 1996; 56 percent in 1997; 53 percent in 1998; 54 percent in 1999; 60 percent in 2000; and 63 percent in 2001. The four-quarter moving average approximately tracked these percentages.