Fair pushback on cyclical vs structural. But here's what's telling - the speed and concentration. Isubstrate.com analysis shows this pattern emerging across multiple regionals simultaneously, not the gradual deterioration you'd expect in a normal cycle. The full piece breaks down why owner-occupied CRE is becoming the new safe haven and what it means for small business capital access: https://finance.via.news/corporate-credit-risk/regional-banks-shift-away-from-small-business-loans-as-charge-offs-spike-in-2025