III. 

FINANCIAL 

HIGHLIGHTS 
FINANCIAL HIGHLIGHTS 

In its role as insurer of bank and savings association deposits, the FDIC promotes the public’s 

trust in the safety and soundness of insured depository institutions. The following financial 

highlights address the performance of the Deposit Insurance Fund. 

Deposit Insurance 

Fund Performance 

The DIF balance was $123.1 billion at December 31, 2021, an increase of $5.2 billion from 

the year-end 2020 balance. The DIF’s comprehensive income totaled $5.2 billion for 2021 

compared to comprehensive income of $7.5 billion during 2020. The year-over-year decrease 

in comprehensive income of $2.3 billion was primarily driven by a decrease in interest and fair 

value adjustments on U.S. Treasury securities of $2.4 billion. Assessment revenue decreased 

nominally. 

Assessment revenue was $7.1 billion for both 2021 and 2020. The year-over-year stability was 

due to a combination of assessment base growth, declining assessment rates, and assessment 

offsets related to the Paycheck Protection Program and the Money Market Mutual Fund 

Liquidity Facility. 

The DIF’s interest revenue on U.S. Treasury securities for 2021 was nearly $1.0 billion, 

compared to $1.7 billion in 2020. The $730 million year-over-year decrease was despite the 

$4.1 billion increase in the investment portfolio, as maturities continue to be reinvested into 

lower yielding securities. 

During 2021, the DIF recognized an unrealized loss on U.S. Treasury securities of $1.2 billion, 

down from a $483 million unrealized gain in 2020. This decrease was primarily due to yields 

rising, as market participants priced in the withdrawal of economic support from the Federal 

Reserve and potential rate hikes for 2022. 

The DIF’s cash, cash equivalents, and U.S. Treasury investment portfolio balances increased by 

$6.3 billion during 2021 to $120.1 billion at year-end 2021, from $113.8 billion at year-end 2020. 

This increase was primarily due to assessment collections of $7.3 billion and interest received 

on U.S. Treasury securities of $3.9 billion, less operating expenses paid of $1.8 billion. 

FEDERAL DEPOSIT INSURANCE CORPORATION ANNUAL REPORT   
3-12

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FINANCIAL HIGHLIGHTS 

ESTIMATED DIF INSURED DEPOSITS 

$10,000 

0 

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3-21

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Dollars in Billions $8,000 

$6,000 

$4,000 

$2,000 

SOURCE: Commercial Bank Call and Thriμ Financial Reports. 

Note: Beginning in fourth quarter 2010 through fourth quarter 2012, estimated insured deposits include the entire 

balance of noninterest-bearing transaction accounts. 

DEPOSIT INSURANCE FUND RESERVE RATIOS 

1.6 

Fund Balance as a Percent

of Estimated Insured Deposits

1.4 

1.2 

1.0 

0.8 

0.6 

0.4 

0.2 

0.0 

FEDERAL DEPOSIT INSURANCE CORPORATION ANNUAL REPORT   
ANNUAL REPORT  9


FINANCIAL HIGHLIGHTS 

Deposit Insurance Fund Selected Statistics 

Dollars in Millions 

For the years ended December 31 

2021 2020 2019 

Financial Results 

Revenue $8,153 $8,796 $7,095 

Operating Expenses 1,843 1,846 1,796 

Insurance and Other Expenses 

(includes provision for losses) (137) (155) (1,282) 

Net Income 6,448 7,105 6,582 

Comprehensive Income 5,244 7,550 7,738 

Insurance Fund Balance $123,141 $117,897 $110,347 

Fund as a Percentage of Insured Deposits 

(reserve ratio) 1.27%1 1.29% 1.41% 

Selected Statistics 

Total DIF-Member Institutions2 4,9141 5,002 5,177 

Problem Institutions 461 56 51 

Total Assets of Problem Institutions $50,5881 $55,830 $46,190 

Institution Failures 0 4 4 

Total Assets of Failed Institutions in Year3 $0 $455 $209 

Number of Active Failed Institution Receiverships 191 234 248 

· As of September 30, 2021. 

 ̧ Commercial banks and savings institutions. Does not include U.S. insured branches of foreign banks. 

1 Total Assets data are based upon the last Call Report filed by the institution prior to failure. 

FEDERAL DEPOSIT INSURANCE CORPORATION