Regional banks are also under pressure from the overhang of the commercial real estate downturn, part of the reason why management commentary will be just as, if not more, important than second-quarter figures.

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Due to management problems and the slack market for commercial real estate, many unlisted REITs have dropped in value.

FORBES: Unlisted REITs: What Went Wrong?

"Commercial real estate lending is a much larger group of banks, " says Pamela Martin of the Risk Management Association, noting that it takes up as much as 25% of the balance sheets of many local and regional banks.

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The Company's products and services include residential lending, commercial real estate lending, personal lending, private business banking, deposit services, trust services, brokerage services and investment management services.

FORBES: First Republic Bank