The sample covers about 11,000 banks incorporated in the U.S. and Europe, which were the regions more severely affected by the global financial crisis. Series are yearly, spanning 2001–09. Therefore, we are able to capture the evolution of bank financial conditions in the run up to the crisis (2001–07) as well as throughout the crisis (2008–09). For the purpose of the analysis, we split the sample according to two alternative criteria. First, we distinguish between large internationally active banks versus domesticallyoriented banks, and further split the latter in commercial banks, savings banks, and cooperatives. In parallel, we split the sample by target levels of structural liquidity and leverage to explore for potential threshold effects.