FDIC Quarterly

Quarterly Banking Profile:

Third Quarter 2011

Highlights from the 2011 

Summary of Deposits

2011, Volume 5, Number 4
Chairman (Acting) Martin J. Gruenberg

Director, Division of Insurance Arthur J. Murton

  and Research

Executive Editors Rae-Ann Miller

Maureen E. Sweeney

Managing Editors Richard A. Brown

Diane L. Ellis

Paul H. Kupiec

Christopher J. Newbury

Editor Frank Solomon

Publication Manager Lynne Montgomery

Media Inquiries (202) 898-6993

The FDIC Quarterly is published by the Division of Insurance and Research of the Federal Deposit 

Insurance Corporation and contains a comprehensive summary of the most current financial results 

for the banking industry. Feature articles appearing in the FDIC Quarterly range from timely analysis 

of economic and banking trends at the national and regional level that may affect the risk exposure of 

FDIC-insured institutions to research on issues affecting the banking system and the development of 

regulatory policy.

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2011, Volume 5, Number 4

FDIC Quarterly

The views expressed are those of the authors and do not necessarily reflect official positions of the Federal Deposit Insurance

Corporation. Some of the information used in the preparation of this publication was obtained from publicly available sources 

that are considered reliable. However, the use of this information does not constitute an endorsement of its accuracy by the 

Federal Deposit Insurance Corporation. Articles may be reprinted or abstracted if the publication and author(s) are credited. 

Please provide the FDIC’s Division of Insurance and Research with a copy of any publications containing reprinted material.

Quarterly Banking Profile: Third Quarter 2011

FDIC-insured institutions reported an aggregate profit of $35.3 billion in the third quarter of 2011, an $11.5 

billion improvement from the $23.8 billion in net income the industry reported in the third quarter of 2010. 

This is the ninth consecutive quarter that earnings registered a year-over-year increase. Lower provisions for 

loan losses were responsible for most of the year-over-year improvement in earnings. Third-quarter loss 

provisions totaled $18.6 billion, almost 50 percent less than the $35.1 billion that insured institutions set 

aside for losses in the third quarter of 2010. See page 1.

Insurance Fund Indicators

Estimated insured deposits (based on $250,000 coverage) increased by 3.6 percent during the third quarter 

of 2011. The Deposit Insurance Fund reserve ratio was 0.12 percent on September 30, 2011, up from 0.06 

percent at June 30, 2011, and -0.15 percent four quarters earlier. Twenty-six FDIC-insured institutions 

failed during the quarter. See page 14.

Highlights from the 2011 Summary of Deposits

Each year as of June 30, the FDIC surveys each FDIC-insured institution to collect information on bank and 

thrift deposits and operating branches and offices. The resulting Summary of Deposits (SOD) is a valuable 

resource for analyzing deposit and office trends as well as domestic deposit market share. This article highlights 

findings from the 2011 SOD. See page 26.

FDIC Quarterly 1 2011, Volume 5, No. 4

Quarterly Banking Profile Third Quarter 2011

Net Income Rose to $35.3 Billion in the 

Third Quarter

FDIC-insured institutions reported net income of 

$35.3 billion in third quarter 2011, an increase of 

$11.5 billion (48.6 percent) compared with third quarter 2010. This is the highest level for industry profits 

since second quarter 2007. Earnings have improved year 

over year for nine quarters in a row, with most of the 

improvement consisting of lower expenses for loan-loss 

provisions. A rising proportion of insured institutions 

are included in the overall improvement in industry 

results. Almost two-thirds of all institutions (63 

percent) reported improved earnings compared with a 

year ago. Only 14.3 percent of institutions reported a 

net loss for the quarter, the smallest proportion since 

first quarter 2008. The average return on assets rose to 

1.03 percent, from 0.72 percent a year earlier.

Loss Provisions Decline for an Eighth 

Consecutive Quarter

Loan-loss provisions totaled $18.6 billion, a decline 

of $16.5 billion (47 percent) from third quarter 2010, 

but only $504 million (2.6 percent) less than the total 

that banks set aside in second quarter 2011. This is the 

lowest quarterly industry loss provision since third 

quarter 2007. More than half of all banks (51.1 

percent) reported year-over-year declines in their quarterly loss provisions. Provision reductions remained 

most prevalent among large banks. Seventeen of the 

20 largest banks reported lower quarterly provisions 

compared with a year ago. Some of the biggest reductions in loss provisions occurred at credit card lenders 

that had large additions to their loss reserves in first 

quarter 2010.

■ Net Income Tops $35 Billion as Provision Expenses Fall Further

■ Deposit Inflows Continue to Grow

■ Loan Balances Post a Second Consecutive Quarterly Increase

■ “Problem List” Shrinks for a Second Quarter in a Row

INSURED INSTITUTION PERFORMANCE

Quarterly Net Income, 2006–2011

Billions of Dollars

-$40

-$30

-$20

-$10

$0

$10

$20

$30

$40

$50

$60

1234 123412 3 4 123412 3 4 1 2 3

Securities and Other Gains/Losses, Net

Net Operating Income

36.938.038.0

35.335.6 36.8

28.7

0.5

19.3

4.8 0.9

-37.8

-6.1

-12.6

2006 2007 2008 2009

2.2

-1.7

2010

17.4

20.9

23.821.6

28.8

2011

28.6

35.3

Chart 1 Chart 2

Major Factors Affecting Earnings

3rd Quarter 2011 vs. 3rd Quarter 2010

Year-Over-Year Change in Quarterly Earnings

(Billions of Dollars)

$2.4

$3.4

$16.5

$3.1

$3.2

Positive Factors

Negative Factors

Increase in 

Income Taxes

Increase in

Noninterest Income

Increase in 

Noninterest Expense 

Decline in Net 

Interest Income

Decline in 

Loss Provisions 

$0

$5

$10

$15

$20
FDIC Quarterly 2 2011, Volume 5, No. 4

Chart 4

Margins Continue to Erode at Larger Banks

Quarterly Net Interest Margin (Percent)

2.0

2.5

3.0

3.5

4.0

4.5

1234 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3

Assets < $1 Billion

Assets $1 Billion - $10 Billion

Assets $10 Billion - $100 Billion

Assets > $100 Billion

2006 2007 2008 2009 2010 2011

Reported Revenues Include Accounting Gains at 

Large Banks

Net operating revenue (net interest income plus total 

noninterest income) was $864 million (0.5 percent) 

higher than a year ago. Noninterest income, which had 

posted year-over-year declines in each of the previous six 

quarters, was up by $3.2 billion (5.8 percent). A portion 

of the $3.2 billion increase consisted of accounting gains 

booked by a few large banks, triggered by declines in the 

market values of some of their liabilities.1 Absent these 

unrealized gains, net operating revenue would have 

posted a year-over-year decline for a third consecutive 

quarter. Trading revenue was $8.8 billion (198.1 percent) 

higher than a year ago, while servicing income was $4.6 

billion lower. Both of these revenue changes were limited 

to a few of the largest banks. Gains on sales of loans and 

other assets were $2.9 billion (81.6 percent) lower than a 

year ago. Income from service charges on deposit 

accounts posted a year-over-year increase for the first time 

in twelve quarters, rising by $69 million (0.8 percent). 

Net interest income declined for a third consecutive 

quarter, falling by $2.4 billion (2.2 percent). The drop in 

the industry’s net interest income reflected declines at 

large banks, where average asset yields fell more rapidly 

than average funding costs. More than 60 percent of all 

institutions reported year-over-year increases in net interest income. The average net interest margin (NIM) in 

the third quarter was 3.56 percent, down from 3.75 

percent in third quarter 2010. Slightly more institutions 

(50.3 percent) reported year-over-year declines in their 

NIMs than reported increases (48.3 percent).

1

 See ASC Topic 820 (FAS 157) and ASC Topic 825 (FAS 159) in 

Notes to Users.

Loan Losses Post Fifth Quarterly Decline in a Row

Net charge-offs (NCOs) totaled $26.7 billion in the 

third quarter, a decline of $17.2 billion (39.2 percent) 

compared with third quarter 2010. This is the lowest 

quarterly NCO total since second quarter 2008. All 

major loan categories had year-over-year NCO 

declines. The reductions were led by credit cards 

(down $5.5 billion, or 37.8 percent), real estate 

construction loans (down $3 billion, or 57.7 percent), 

and commercial and industrial (C&I) loans (down 

$2.6 billion, or 48.9 percent). More than half of all 

institutions (52.4 percent) reported lower NCOs than 

a year ago; fewer than 40 percent (39.6 percent) 

reported increased NCOs.

Noncurrent Loan Levels Continue to Fall

The amount of loans and leases that were noncurrent 

(90 days or more past due or in nonaccrual status) fell 

for a sixth consecutive quarter, declining during the 

quarter by $10.5 billion (3.3 percent). Noncurrent loan 

balances at the end of the third quarter were down from 

midyear levels in all major loan categories. Noncurrent 

real estate construction loans fell by $4.2 billion (10.2 

percent), while noncurrent C&I loans declined by 

$1.6 billion (7.6 percent), and noncurrent residential 

mortgage loans were reduced by $1.3 billion (0.7 

percent). A majority of insured institutions (52.3 

percent) reported reductions in noncurrent loan 

balances during the quarter.

Chart 3

Provision Declines Are Diminishing,

but Revenues Are Not Growing

Billions of Dollars

*Net operating revenue = net interest income + noninterest income

$0

$20

$40

$60

$80

$100

$120

$140

$160

$180

1234123412341234123412 3

2006 2007 2008 2009 2010 2011 

Quarterly Loan-Loss Provisions

Quarterly Net Operating Revenue*
FDIC Quarterly 3 2011, Volume 5, No. 4

Quarterly Banking Profile

Commercial Lending Activity Rises

Total assets of insured institutions increased by $207.1 

billion (1.5 percent) during the quarter. Most of the 

asset growth occurred in securities portfolios and trading 

accounts, while loan balances registered a second 

consecutive quarterly increase. Mortgage-backed securities holdings increased by $54.4 billion (3.5 percent), 

while banks’ U.S. Treasury securities rose by $10.4 

billion (6.4 percent). Assets in trading accounts 

increased by $61 billion (8.8 percent). Balances with 

Federal Reserve banks, which had grown by $253 billion 

in the first six months of 2011, declined by $91.2 billion 

(12.2 percent). Total loans and leases increased for a 

second consecutive quarter, rising by $21.8 billion (0.3 

percent). The largest growth was in C&I loans, which 

increased by $44.8 billion (3.6 percent). This is the fifth 

consecutive quarter that C&I loan balances have risen. 

Small C&I loans (loans with original balances of less 

than $1 million) declined by $3.1 billion (1.1 percent). 

Residential mortgage loan balances increased by $23.7 

billion, the largest quarterly increase since third quarter 

2007. Real estate construction loan balances fell for a 

14th consecutive quarter, declining by $20.3 billion (7.4 

percent). Loans to depository institutions declined by 

$37.1 billion (25.3 percent), as a result of the elimination of intracompany loans between two affiliated banks 

that merged during the third quarter. Adjusted for the 

impact of this transaction, overall loan growth in the 

third quarter was comparable to the growth reported in 

the previous quarter. The larger increases in securities 

produced a decline in the average risk weighting of the 

industry’s assets. The ratio of risk-weighted assets to 

total assets fell to 67 percent at the end of the quarter, 

the lowest level since first quarter 1994.

Reserves Decline for Sixth Quarter in a Row

Loan-loss reserves fell by $10.4 billion (5 percent) 

during the quarter, as net charge-offs exceeded loss 

provisions by $8.2 billion. A majority of banks (54.5 

percent) increased their reserves, but the 38.2 percent 

that reduced reserves included 17 of the 20 largest 

banks. The reduction in total reserves caused the industry’s “coverage ratio” of reserves to noncurrent loans to 

fall from 64.9 percent to 63.7 percent during the quarter. The industry’s ratio of reserves to total loans and 

leases also declined, from 2.84 percent to 2.69 percent.

Internal Capital Growth Improves

Total equity capital increased by $24.5 billion (1.6 

percent), as retained earnings contributed $15.5 billion 

to equity growth. Retained earnings were $5 billion 

(48.2 percent) higher than in third quarter 2010, and 

represent the largest quarterly total since third quarter 

2006. The growth in retained earnings came on top of a 

$6.5 billion (48.9 percent) year-over-year increase in 

quarterly dividend payments. Equity received an additional boost from unrealized gains on securities held for 

sale, which rose by $7.7 billion (38.5 percent) during 

the quarter. Tier 1 regulatory capital, which does not 

include unrealized securities gains, increased by $15.1 

billion (1.3 percent). Total regulatory capital had a 

smaller increase—$10.9 billion, or 0.8 percent—due to 

the reductions in loan-loss reserves. At the end of the 

quarter, more than 96 percent of all FDIC-insured institutions, representing more than 99 percent of total 

industry assets, met or exceeded the quantitative 

requirements for well-capitalized status, as defined for 

Prompt Corrective Action purposes.

Chart 5

Noncurrent Loans and Loan Losses Continue to Fall,

but Remain above Pre-Crisis Levels

Percent

0

1

2

3

4

5

6

1990 1993 1996 1999 2002 2005 2008 2011

Noncurrent Loan Rate

Quarterly Net Charge-off Rate

Chart 6

Strong Deposit Inows Have Not Been Accompanied

by Loan Growth

Quarterly Change (Billions of Dollars)

43

189

237

61 28

-6

-116 -140 -109

-210

-133 -107

-7 -14

-126

70 64

235

150

7

155

308

67 80

-28

133 149 180 163

234

22

203 221*

126

-58 -82

145 140

-$300

-$200

-$100

$0

$100

$200

$300

$400

1 2 3 4 123412 341234 1 2 3

Change in Total Loans and Leases

Change in Total Deposits

2007 2008 2009 2010

* FASB Statements 166 and 167 resulted in the consolidation of large amounts of securitized

loan balances back onto banks' balance sheets in the first quarter of 2010. Although the total 

amount consolidated cannot be precisely quantified, the industry would have reported a decline 

in loan balances for the quarter absent this change in accounting standards.

2011
FDIC Quarterly 4 2011, Volume 5, No. 4

No New Charters Were Added in the Quarter

The number of insured institutions reporting financial 

results declined to 7,436 at the end of the quarter, from 

7,513 in the second quarter. Mergers absorbed 49 institutions during the quarter, and 26 institutions failed. 

One institution had not yet reported third-quarter 

results. For only the second time in the 39 years for 

which data are available, no new charters were added 

during the quarter (the other occasion was second quarter 2010). The number of institutions on the FDIC’s 

“problem list” declined from 865 to 844 during the 

quarter. Total assets of “problem” institutions fell from 

$372 billion to $339 billion. The number of full-time 

equivalent employees at FDIC-insured commercial 

banks and savings institutions increased by 5,012 (0.2 

percent) during the quarter, to 2,109,911.

Author: Ross Waldrop, Sr. Banking Analyst

Division of Insurance and Research

(202) 898-3951

The Flow of Large-Denomination Deposits into 

Large Banks Increases

Total deposits increased by $234.5 billion (2.4 percent) 

in the third quarter. Deposits in foreign offices declined 

by $45 billion (2.9 percent) while domestic deposits 

rose by $279.5 billion (3.4 percent). About two-thirds 

of the increase in domestic deposits ($183.8 billion) 

consisted of large-denomination (balances greater than 

$250,000) noninterest-bearing transaction deposits, 

which have temporary unlimited deposit insurance 

coverage through the end of 2012. Three-quarters of 

the increase in these large deposits occurred at the ten 

largest banks, although more than half of all banks 

(55.9 percent) reported increases in these accounts. 

Nondeposit liabilities declined by $51.2 billion (2.2 

percent), as banks reduced their Federal Home Loan 

Bank advances by $17.9 billion (5.2 percent).

Chart 7

Banks Continue to Reduce the Risk in Their

Asset Portfolios

Risk-Weighted Assets as a Percent of Total Assets

60

62

64

66

68

70

72

74

76

78

80

1 2 3 4 123 4 1 2341 2 3 4123 4 123 4 1 2 3

2005 2006 2007 2008 2009 2010 2011

Chart 8

-21

26 8 11 14 27

54

81

53

111

136 150

73 54

31 24

-23

9

12

21

24

50

45

41

45

41

30

26 22

2

2 1 1 0 1

-25

0

25

50

75

100

125

150

175

200

1234123412341234123

Quarterly Failures

Net Quarterly Change in 

Number of Problem Banks

2007 2008 2009 2010 2011

Quarterly Changes in the Number of Troubled

Institutions, 2007–2011 

3 4 4
FDIC Quarterly 5 2011, Volume 5, No. 4

Quarterly Banking Profile

TABLE I-A. Selected Indicators, All FDIC-Insured Institutions* 2011** 2010** 2010 2009 2008 2007 2006

Return on assets (%)������������������������������������������������������������������������������������������������������ 0.92 0.64 0.65 -0.07 0.03 0.

Return on equity (%)������������������������������������������������������������������������������������������������������� 8.20 5.83 5.87 -0.72 0.35 7.7

Core capital (leverage) ratio (%) ������������������������������������������������������������������������������������ 9.17 8.96 8.89 8.60 7.47 7.

Noncurrent assets plus other real estate owned to assets (%) ������������������������������������ 2.62 3.24 3.11 3.36 1.91 0.

Net charge-offs to loans (%) ������������������������������������������������������������������������������������������ 1.61 2.64 2.55 2.52 1.29 0.

Asset growth rate (%) ����������������������������������������������������������������������������������������������������� 3.25 1.11 1.78 -5.45 6.19 9.

Net interest margin (%)��������������������������������������������������������������������������������������������������� 3.61 3.79 3.76 3.49 3.16 3.

Net operating income growth (%)����������������������������������������������������������������������������������� 51.81 1,004.52 1,632.37 -154.76 -90.71 -27.

Number of institutions reporting������������������������������������������������������������������������������������� 7,436 7,761 7,658 8,012 8,305 8,534 8,680

Commercial banks��������������������������������������������������������������������������������������������������� 6,352 6,623 6,530 6,840 7,087 7,284 7,401

Savings institutions ������������������������������������������������������������������������������������������������� 1,084 1,138 1,128 1,172 1,218 1,250 1,279

Percentage of unprofitable institutions (%)�������������������������������������������������������������������� 15.57 20.99 22.07 30.84 24.89 12.

Number of problem institutions �������������������������������������������������������������������������������������� 844 860 884 702 252 76 50

Assets of problem institutions (in billions) ��������������������������������������������������������������������� $339 $379 $390 $403 $159 $22 $8

Number of failed institutions������������������������������������������������������������������������������������������� 74 127 157 140 25 3 0

Number of assisted institutions�������������������������������������������������������������������������������������� 0 0 0 8 5 0 0

* Excludes insured branches of foreign banks (IBAs)

** Through September 30, ratios annualized where appropriate. Asset growth rates are for 12 months ending September 3

TABLE II-A. Aggregate Condition and Income Data, All FDIC-Insured Institutions

(dollar figures in millions)  3rd Quarter

2011

2nd Quarter

2011

3rd Quarter

2010

%Change 

10Q3-11Q3

Number of institutions reporting������������������������������������������������������������������������������������� 7,436 7,513 7,761 -4.

Total employees (full-time equivalent)��������������������������������������������������������������������������� 2,109,911 2,104,899 2,042,106 3.

CONDITION DATA

Total assets��������������������������������������������������������������������������������������������������������������������� $13,807,683 $13,600,584 $13,372,951 3.

Loans secured by real estate���������������������������������������������������������������������������������� 4,113,653 4,122,587 4,302,513 -4.

 1-4 Family residential mortgages �������������������������������������������������������������������� 1,852,006 1,828,340 1,882,535 -1.

 Nonfarm nonresidential������������������������������������������������������������������������������������ 1,055,475 1,059,532 1,072,729 -1.

 Construction and development 254,589 274,916 354,137 -28.

 Home equity lines��������������������������������������������������������������������������������������������� 608,252 615,512 647,919 -6.

Commercial & industrial loans �������������������������������������������������������������������������������� 1,283,618 1,238,860 1,165,735 10.

Loans to individuals������������������������������������������������������������������������������������������������� 1,284,570 1,289,549 1,328,440 -3.

 Credit cards ������������������������������������������������������������������������������������������������������ 666,477 668,340 683,944 -2.

Farm loans��������������������������������������������������������������������������������������������������������������� 59,802 57,668 59,104 1.

Other loans & leases����������������������������������������������������������������������������������������������� 595,462 607,260 535,519 11.

Less: Unearned income ������������������������������������������������������������������������������������������ 1,728 2,310 2,127 -18.

Total loans & leases ������������������������������������������������������������������������������������������������ 7,335,378 7,313,613 7,389,184 -0.

Less: Reserve for losses����������������������������������������������������������������������������������������� 197,212 207,664 241,989 -18.

Net loans and leases����������������������������������������������������������������������������������������������� 7,138,166 7,105,949 7,147,194 -0.

Securities����������������������������������������������������������������������������������������������������������������� 2,788,702 2,721,750 2,641,552 5.

Other real estate owned������������������������������������������������������������������������������������������ 50,485 51,300 53,160 -5.

Goodwill and other intangibles ������������������������������������������������������������������������������� 372,712 388,398 384,146 -3.

All other assets�������������������������������������������������������������������������������������������������������� 3,457,618 3,333,188 3,146,899 9.

Total liabilities and capital ���������������������������������������������������������������������������������������������� 13,807,683 13,600,584 13,372,951 3.

Deposits������������������������������������������������������������������������������������������������������������������� 10,000,070 9,765,593 9,273,697 7.

 Domestic office deposits���������������������������������������������������������������������������������� 8,505,121 8,225,628 7,738,109 9.

 Foreign office deposits������������������������������������������������������������������������������������� 1,494,949 1,539,965 1,535,588 -2.

Other borrowed funds ��������������������������������������������������������������������������������������������� 1,475,155 1,600,166 1,866,933 -21.

Subordinated debt��������������������������������������������������������������������������������������������������� 136,524 138,871 150,820 -9.

All other liabilities ���������������������������������������������������������������������������������������������������� 616,947 540,776 567,336 8.

Total equity capital (includes minority interests)���������������������������������������������������� 1,578,984 1,555,177 1,514,164 4.

 Bank equity capital������������������������������������������������������������������������������������������� 1,560,746 1,536,265 1,495,119 4.

Loans and leases 30-89 days past due������������������������������������������������������������������������� 100,240 101,128 123,775 -19.

Noncurrent loans and leases ����������������������������������������������������������������������������������������� 309,626 320,064 377,174 -17.

Restructured loans and leases �������������������������������������������������������������������������������������� 126,953 119,691 75,645 67.

Mortgage-backed securities ������������������������������������������������������������������������������������������ 1,600,933 1,546,500 1,440,577 11.

Earning assets���������������������������������������������������������������������������������������������������������������� 11,916,533 11,816,502 11,547,621 3.

FHLB Advances�������������������������������������������������������������������������������������������������������������� 323,290 341,200 402,404 -19.

Unused loan commitments��������������������������������������������������������������������������������������������� 5,720,248 5,701,042 6,061,452 -5.

Trust assets��������������������������������������������������������������������������������������������������������������������� 15,414,297 19,684,965 18,602,057 -17.

Assets securitized and sold***��������������������������������������������������������������������������������������� 965,061 970,383 992,115 -2.

Notional amount of derivatives***���������������������������������������������������������������������������������� 250,463,084 251,259,019 236,472,991 5.

INCOME DATA

First Three 

Quarters 2011

First Three 

Quarters 2010 %Change

3rd Quarter 

2011

3rd Quarter 

2010

%Change 

10Q3-11Q3

Total interest income ������������������������������������������������������������������� $381,892 $405,844 -5.9 $125,824 $133,481 -5

Total interest expense ����������������������������������������������������������������� 65,887 81,791 -19.4 20,589 25,873 -20

Net interest income �������������������������������������������������������������� 316,006 324,053 -2.5 105,235 107,607 -2

Provision for loan and lease losses �������������������������������������������� 57,514 125,754 -54.3 18,575 35,052 -47

Total noninterest income������������������������������������������������������������� 175,547 176,496 -0.5 59,495 56,259 5

Total noninterest expense ����������������������������������������������������������� 304,662 288,836 5.5 100,430 97,005 3

Securities gains (losses)������������������������������������������������������������� 3,772 6,879 -45.2 3,097 3,168 -2

Applicable income taxes ������������������������������������������������������������� 40,143 28,210 42.3 13,812 10,750 28

Extraordinary gains, net�������������������������������������������������������������� 770 -510 N/M 532 -330 N/M

Total net income (includes minority interests)��������������������� 93,775 64,118 46.3 35,542 23,898 48

 Bank net income������������������������������������������������������������ 93,209 63,616 46.5 35,317 23,769 48

Net charge-offs���������������������������������������������������������������������������� 87,764 145,633 -39.7 26,748 43,980 -39

Cash dividends ���������������������������������������������������������������������������� 55,251 30,631 80.4 19,835 13,322 48

Retained earnings ����������������������������������������������������������������������� 37,958 32,984 15.1 15,482 10,447 48

Net operating income����������������������������������������������������������� 90,255 59,454 51.8 32,718 21,757 50

*** Call Report filers only. N/M - Not Meaningf
FDIC Quarterly 6 2011, Volume 5, No. 4

TABLE III-A. Third Quarter 2011, All FDIC-Insured Institutions

Asset Concentration Groups*

THIRD QUARTER

(The way it is...)

All Insured 

Institutions

Credit 

Card 

Banks

International 

Banks

Agricultural 

Banks

Commercial 

Lenders

Mortgage 

Lenders

Consumer 

Lenders

Other 

Specialized 

<$1 Billion

All Other 

<$1 Billion

All Other 

>$1 Billion

Number of institutions reporting����������������������� 7,436 18 5 1,552 3,854 713 71 363 801 59

Commercial banks������������������������������������� 6,352 15 5 1,545 3,450 185 52 335 715 50

Savings institutions ����������������������������������� 1,084 3 0 7 404 528 19 28 86 9

Total assets (in billions)������������������������������������ $13,807.7 $532.0 $3,665.3 $208.5 $4,171.1 $800.1 $98.8 $54.0 $136.

Commercial banks������������������������������������� 12,559.9 503.8 3,665.3 207.8 3,703.0 228.3 42.3 47.8 112

Savings institutions ����������������������������������� 1,247.8 28.2 0.0 0.8 468.1 571.8 56.5 6.2

Total deposits (in billions)��������������������������������� 10,000.1 263.5 2,454.0 172.6 3,221.7 580.3 85.0 42.9 113

Commercial banks������������������������������������� 9,077.0 245.4 2,454.0 172.0 2,889.3 149.9 35.1 38.3 94

Savings institutions ����������������������������������� 923.0 18.1 0.0 0.6 332.5 430.4 50.0 4.6

Bank net income (in millions) ��������������������������� 35,317 4,056 9,761 657 7,991 1,541 507 280 361 10,163

Commercial banks������������������������������������� 32,695 3,733 9,761 656 6,985 662 243 160 290 10,205

Savings institutions ����������������������������������� 2,622 323 0 1 1,006 879 264 120 70 -42

Performance Ratios (annualized, %)

Yield on earning assets������������������������������������ 4.25 11.83 3.44 4.90 4.67 4.07 5.42 3.66

Cost of funding earning assets ������������������������ 0.70 1.12 0.67 0.95 0.81 1.05 0.91 0.72

Net interest margin������������������������������������ 3.56 10.71 2.77 3.95 3.85 3.02 4.51 2.93

Noninterest income to assets��������������������������� 1.74 3.29 2.09 0.61 1.28 0.75 2.18 5.37

Noninterest expense to assets������������������������� 2.94 5.47 2.76 2.58 3.10 2.00 2.78 5.17

Loan and lease loss provision to assets���������� 0.54 2.75 0.43 0.27 0.58 0.42 0.54 0.05

Net operating income to assets ����������������������� 0.96 3.05 0.97 1.20 0.74 0.75 2.07 2.04

Pretax return on assets ������������������������������������ 1.44 4.75 1.36 1.48 1.08 1.19 3.15 2.91

Return on assets����������������������������������������������� 1.03 3.04 1.07 1.27 0.78 0.78 2.08 2.11

Return on equity ����������������������������������������������� 9.15 18.99 12.15 11.15 6.55 7.33 21.23 13.61

Net charge-offs to loans and leases���������������� 1.47 5.07 1.68 0.41 1.14 0.77 1.56 0.26

Loan and lease loss provision to 

net charge-offs ������������������������������������������ 69.44 65.75 75.21 105.52 76.85 96.02 48.69 67.88 10

Efficiency ratio �������������������������������������������������� 59.69 40.48 61.49 60.30 64.82 54.31 42.44 63.82 6

% of unprofitable institutions���������������������������� 14.28 5.56 0.00 3.99 20.58 11.92 9.86 10.74

% of institutions with earnings gains���������������� 62.98 66.67 80.00 68.36 62.77 56.80 57.75 61.71 6

Structural Changes

New charters ��������������������������������������������� 0 0 0 0 0 0 0 0 0 0

Institutions absorbed by mergers ������������� 49 0 1 12 28 1 0 1 3 3

Failed institutions �������������������������������������� 26 0 0 0 25 1 0 0 0 0

PRIOR THIRD QUARTERS

(The way it was...)

Return on assets (%)��������������������������������2010 0.72 2.04 0.63 1.08 0.35 0.70 1.52 1.94

������������������������������������� 2008 0.03 0.36 0.49 1.01 -0.13 -1.34 0.94 0.12

������������������������������������� 2006 1.31 4.09 0.92 1.30 1.32 1.06 1.60 2.12

Net charge-offs to loans & leases (%) �����2010 2.38 8.94 2.05 0.58 1.96 1.33 1.97 0.98

������������������������������������� 2008 1.43 6.24 1.44 0.43 1.23 1.02 2.04 0.43

������������������������������������� 2006 0.40 3.86 0.64 0.15 0.19 0.18 1.21 0.12

* See Table V-A (page 10) for explanations
FDIC Quarterly 7 2011, Volume 5, No. 4

Quarterly Banking Profile

TABLE III-A. Third Quarter 2011, All FDIC-Insured Institutions 

Asset Size Distribution Geographic Regions*

THIRD QUARTER

(The way it is...)

All Insured 

Institutions

Less than 

$100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to 

$10 Billion

Greater 

than 

$10 Billion New York Atlanta Chicago

Kansas 

City Dallas

San 

Francisco

Number of institutions reporting����������������������������� 7,436 2,490 4,279 561 106 923 974 1,563 1,792 1,555 629

Commercial banks������������������������������������������� 6,352 2,208 3,626 434 84 484 864 1,289 1,698 1,444 573

Savings institutions ����������������������������������������� 1,084 282 653 127 22 439 110 274 94 111 56

Total assets (in billions)������������������������������������������ $13,807.7 $142.8 $1,273.5 $1,425.5 $10,965.9 $2,842.1 $2,949.9 $3,170.0 $2,902.0 $801

Commercial banks������������������������������������������� 12,559.9 126.8 1,047.8 1,110.0 10,275.4 2,188.8 2,833.2 3,046.2 2,843.1 

Savings institutions ����������������������������������������� 1,247.8 16.0 225.7 315.6 690.5 653.3 116.7 123.8 58.9

Total deposits (in billions)��������������������������������������� 10,000.1 120.6 1,055.3 1,096.1 7,728.1 1,992.8 2,212.5 2,206.3 2,119.6 

Commercial banks������������������������������������������� 9,077.0 107.8 875.2 855.0 7,239.1 1,521.4 2,125.5 2,112.3 2,072.7 

Savings institutions ����������������������������������������� 923.0 12.8 180.1 241.1 489.0 471.4 87.0 94.0 46.9

Bank net income (in millions) ��������������������������������� 35,317 223 2,158 3,174 29,763 6,837 5,619 7,558 9,162 2,006 4,134

Commercial banks������������������������������������������� 32,695 214 1,810 2,614 28,056 5,953 5,460 7,349 9,055 1,617 3,260

Savings institutions ����������������������������������������� 2,622 8 348 560 1,706 884 159 208 107 389 874

Performance Ratios (annualized, %)

Yield on earning assets������������������������������������������ 4.25 4.88 4.86 4.76 4.10 4.70 3.76 3.54 4.7

Cost of funding earning assets ������������������������������ 0.70 0.94 1.00 0.89 0.63 0.82 0.55 0.64 0.7

Net interest margin������������������������������������������ 3.56 3.94 3.86 3.88 3.47 3.88 3.21 2.90 3.9

Noninterest income to assets��������������������������������� 1.74 0.86 1.02 1.02 1.93 1.62 1.74 2.10 1.7

Noninterest expense to assets������������������������������� 2.94 3.41 3.19 2.80 2.92 2.91 2.98 2.95 2.9

Loan and lease loss provision to assets���������������� 0.54 0.36 0.55 0.58 0.54 0.66 0.60 0.44 0.5

Net operating income to assets ����������������������������� 0.96 0.54 0.60 0.80 1.02 0.96 0.63 0.89 1.2

Pretax return on assets ������������������������������������������ 1.44 0.77 0.90 1.26 1.53 1.45 1.05 1.30 1.7

Return on assets����������������������������������������������������� 1.03 0.63 0.68 0.90 1.10 0.98 0.77 0.97 1.2

Return on equity ����������������������������������������������������� 9.15 5.26 6.36 7.58 9.72 7.70 6.32 11.35 11.28

Net charge-offs to loans and leases���������������������� 1.47 0.62 0.90 1.02 1.63 1.78 1.70 1.02 1.6

Loan and lease loss provision to 

net charge-offs ������������������������������������������������ 69.44 98.58 96.41 90.18 65.01 69.54 63.15 96.90 59.94 

Efficiency ratio �������������������������������������������������������� 59.69 76.12 69.55 61.35 58.23 56.43 65.83 63.38 55.65 

% of unprofitable institutions���������������������������������� 14.28 15.86 14.14 9.98 5.66 10.94 29.16 13.12 9.99

% of institutions with earnings gains���������������������� 62.98 61.61 63.17 65.95 71.70 57.96 60.78 61.74 67.19 

Structural Changes

New charters ��������������������������������������������������� 0 0 0 0 0 0 0 0 0 0 0

Institutions absorbed by mergers ������������������� 49 21 22 4 2 6 4 11 11 11 6

Failed institutions �������������������������������������������� 26 5 18 3 0 1 13 4 1 4 3

PRIOR THIRD QUARTERS

(The way it was...)

Return on assets (%)��������������������������������������2010 0.72 0.40 0.35 0.26 0.83 0.77 0.58 0.61 0.9

������������������������������������������� 2008 0.03 0.27 -0.02 -0.60 0.12 0.01 0.22 0.10 0.50

������������������������������������������� 2006 1.31 1.02 1.23 1.27 1.33 1.12 1.37 1.01 1.7

Net charge-offs to loans & leases (%) �����������2010 2.38 0.87 1.16 1.75 2.70 3.04 2.31 1.94 2.7

������������������������������������������� 2008 1.43 0.44 0.71 1.11 1.63 1.49 1.28 1.36 1.6

������������������������������������������� 2006 0.40 0.16 0.14 0.20 0.49 0.63 0.18 0.27 0.4

* See Table V-A (page 11) for explanations
FDIC Quarterly 8 2011, Volume 5, No. 4

TABLE IV-A. First Three Quarters 2011, All FDIC-Insured Institutions

Asset Concentration Groups*

FIRST THREE QUARTERS

(The way it is...)

All Insured 

Institutions

Credit 

Card 

Banks

International 

Banks

Agricultural 

Banks

Commercial 

Lenders

Mortgage 

Lenders

Consumer 

Lenders

Other 

Specialized 

<$1 Billion

All Other 

<$1 Billion

All Other 

>$1 Billion

Number of institutions reporting����������������������� 7,436 18 5 1,552 3,854 713 71 363 801 59

Commercial banks������������������������������������� 6,352 15 5 1,545 3,450 185 52 335 715 50

Savings institutions ����������������������������������� 1,084 3 0 7 404 528 19 28 86 9

Total assets (in billions)������������������������������������ $13,807.7 $532.0 $3,665.3 $208.5 $4,171.1 $800.1 $98.8 $54.0 $136.

Commercial banks������������������������������������� 12,559.9 503.8 3,665.3 207.8 3,703.0 228.3 42.3 47.8 112

Savings institutions ����������������������������������� 1,247.8 28.2 0.0 0.8 468.1 571.8 56.5 6.2

Total deposits (in billions)��������������������������������� 10,000.1 263.5 2,454.0 172.6 3,221.7 580.3 85.0 42.9 113

Commercial banks������������������������������������� 9,077.0 245.4 2,454.0 172.0 2,889.3 149.9 35.1 38.3 94

Savings institutions ����������������������������������� 923.0 18.1 0.0 0.6 332.5 430.4 50.0 4.6

Bank net income (in millions) ��������������������������� 93,209 14,710 21,306 1,758 21,794 3,630 1,258 701 926 27,125

Commercial banks������������������������������������� 86,547 13,578 21,306 1,755 19,059 2,072 709 469 796 26,802

Savings institutions ����������������������������������� 6,662 1,132 0 3 2,735 1,558 549 232 130 324

Performance Ratios (annualized, %)

Yield on earning assets������������������������������������ 4.36 11.77 3.55 4.88 4.66 4.13 5.50 3.79

Cost of funding earning assets ������������������������ 0.75 1.18 0.72 1.01 0.86 1.09 0.96 0.81

Net interest margin������������������������������������ 3.61 10.60 2.83 3.88 3.80 3.05 4.54 2.98

Noninterest income to assets��������������������������� 1.74 3.17 2.08 0.60 1.26 0.68 1.99 4.99

Noninterest expense to assets������������������������� 3.02 5.20 2.94 2.61 3.08 2.13 2.82 5.23

Loan and lease loss provision to assets���������� 0.57 1.91 0.42 0.27 0.61 0.50 0.80 0.04

Net operating income to assets ����������������������� 0.89 3.60 0.83 1.10 0.68 0.58 1.75 1.80

Pretax return on assets ������������������������������������ 1.32 5.61 1.08 1.33 1.00 0.93 2.69 2.40

Return on assets����������������������������������������������� 0.92 3.62 0.81 1.14 0.72 0.61 1.75 1.78

Return on equity ����������������������������������������������� 8.20 23.34 8.93 10.25 6.13 5.83 18.24 11.71

Net charge-offs to loans and leases���������������� 1.61 5.58 2.07 0.36 1.20 0.90 1.78 0.47

Loan and lease loss provision to 

net charge-offs ������������������������������������������ 65.53 41.39 58.92 120.30 76.74 97.55 61.81 32.54 11

Efficiency ratio �������������������������������������������������� 60.64 39.20 64.71 62.17 65.21 59.11 44.12 67.33 6

% of unprofitable institutions���������������������������� 15.57 0.00 0.00 3.74 22.78 14.31 8.45 10.19

% of institutions with earnings gains���������������� 63.03 88.89 40.00 65.72 65.08 54.00 53.52 56.75 5

Condition Ratios (%)

Earning assets to total assets �������������������������� 86.30 90.42 82.70 91.65 88.81 93.68 96.14 91.01 9

Loss allowance to:

Loans and leases �������������������������������������� 2.69 5.52 3.98 1.61 2.18 1.49 2.03 1.81

Noncurrent loans and leases �������������������� 63.69 322.77 90.77 86.57 58.26 36.64 135.97 77.57 6

Noncurrent assets plus

other real estate owned to assets������������� 2.62 1.41 1.59 1.59 3.19 2.67 1.13 0.99

Equity capital ratio�������������������������������������������� 11.30 15.79 8.81 11.51 11.94 10.61 9.86 15.50 1

Core capital (leverage) ratio ���������������������������� 9.17 13.66 7.04 10.23 10.11 9.93 9.68 14.16 

Tier 1 risk-based capital ratio��������������������������� 13.16 15.04 12.05 14.69 13.35 20.47 13.26 31.92 1

Total risk-based capital ratio ���������������������������� 15.52 17.49 14.77 15.84 15.27 21.59 14.43 32.90 2

Net loans and leases to deposits��������������������� 71.38 157.60 47.49 73.08 83.34 76.78 81.27 34.01 6

Net loans to total assets ���������������������������������� 51.70 78.05 31.80 60.48 64.38 55.69 69.89 27.02 5

Domestic deposits to total assets �������������������� 61.60 43.48 35.71 82.76 76.30 72.45 86.00 79.22 8

Structural Changes

New charters ��������������������������������������������� 3 0 0 0 2 0 0 1 0 0

Institutions absorbed by mergers ������������� 144 0 1 26 93 4 2 4 8 6

Failed institutions �������������������������������������� 74 0 0 2 71 1 0 0 0 0

PRIOR FIRST THREE QUARTERS

(The way it was...)

Number of institutions ������������������������������2010 7,761 22 5 1,583 4,172 725 81 320 789 64

������������������������������������� 2008 8,384 26 4 1,588 4,810 827 100 298 691 40

������������������������������������� 2006 8,743 29 4 1,691 4,710 845 125 398 886 55

Total assets (in billions)����������������������������2010 $13,373.0 $695.1 $3,278.2 $194.0 $4,442.7 $789.5 $102.9 $44.5 $131.

������������������������������������� 2008 13,572.5 467.9 3,263.3 168.1 6,077.4 1,060.5 71.0 36.0 93

������������������������������������� 2006 11,754.2 382.0 2,128.6 151.5 4,673.1 1,790.4 107.1 42.4 117

Return on assets (%)��������������������������������2010 0.64 1.47 0.79 1.04 0.28 0.70 1.42 1.57

������������������������������������� 2008 0.32 2.42 0.31 1.12 0.23 -0.35 1.01 1.57

������������������������������������� 2006 1.33 4.42 1.03 1.29 1.32 1.07 1.69 1.33

Net charge-offs to loans & leases (%) �����2010 2.64 11.94 2.27 0.53 1.89 1.22 2.20 0.81

������������������������������������� 2008 1.18 5.64 1.28 0.29 0.98 0.74 1.84 0.43

������������������������������������� 2006 0.36 3.38 0.59 0.14 0.18 0.14 1.00 0.53

Noncurrent assets plus 

OREO to assets (%) ��������������������������2010 3.24 1.97 2.36 1.70 3.84 3.13 1.05 1.06

������������������������������������� 2008 1.55 1.73 1.17 1.15 1.93 2.30 0.80 0.28

������������������������������������� 2006 0.50 1.35 0.40 0.67 0.52 0.52 0.65 0.20

Equity capital ratio (%)������������������������������2010 11.18 14.62 9.06 11.40 11.38 10.11 10.59 17.17 1

������������������������������������� 2008 9.62 20.85 7.13 11.07 10.66 7.95 9.14 19.61 

������������������������������������� 2006 10.41 27.18 7.82 10.94 10.39 10.54 9.76 22.46 

* See Table V-A (page 10) for explanations
FDIC Quarterly 9 2011, Volume 5, No. 4

Quarterly Banking Profile

TABLE IV-A. First Three Quarters 2011, All FDIC-Insured Institutions 

Asset Size Distribution Geographic Regions*

FIRST THREE QUARTERS

(The way it is...)

All Insured 

Institutions

Less than 

$100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to 

$10 Billion

Greater 

than 

$10 Billion New York Atlanta Chicago

Kansas 

City Dallas

San 

Francisco

Number of institutions reporting����������������������������� 7,436 2,490 4,279 561 106 923 974 1,563 1,792 1,555 629

Commercial banks������������������������������������������� 6,352 2,208 3,626 434 84 484 864 1,289 1,698 1,444 573

Savings institutions ����������������������������������������� 1,084 282 653 127 22 439 110 274 94 111 56

Total assets (in billions)������������������������������������������ $13,807.7 $142.8 $1,273.5 $1,425.5 $10,965.9 $2,842.1 $2,949.9 $3,170.0 $2,902.0 $801

Commercial banks������������������������������������������� 12,559.9 126.8 1,047.8 1,110.0 10,275.4 2,188.8 2,833.2 3,046.2 2,843.1 

Savings institutions ����������������������������������������� 1,247.8 16.0 225.7 315.6 690.5 653.3 116.7 123.8 58.9

Total deposits (in billions)��������������������������������������� 10,000.1 120.6 1,055.3 1,096.1 7,728.1 1,992.8 2,212.5 2,206.3 2,119.6 

Commercial banks������������������������������������������� 9,077.0 107.8 875.2 855.0 7,239.1 1,521.4 2,125.5 2,112.3 2,072.7 

Savings institutions ����������������������������������������� 923.0 12.8 180.1 241.1 489.0 471.4 87.0 94.0 46.9

Bank net income (in millions) ��������������������������������� 93,209 579 5,743 9,085 77,801 22,011 13,521 18,448 21,200 5,652 12,377

Commercial banks������������������������������������������� 86,547 566 4,929 7,440 73,612 20,101 12,983 18,143 20,965 4,801 9,554

Savings institutions ����������������������������������������� 6,662 13 814 1,646 4,189 1,910 538 305 236 851 2,823

Performance Ratios (annualized, %)

Yield on earning assets������������������������������������������ 4.36 4.88 4.88 4.78 4.23 4.84 4.05 3.57 4.7

Cost of funding earning assets ������������������������������ 0.75 1.00 1.07 0.94 0.68 0.88 0.64 0.69 0.8

Net interest margin������������������������������������������ 3.61 3.88 3.82 3.84 3.55 3.96 3.41 2.88 3.9

Noninterest income to assets��������������������������������� 1.74 0.85 0.98 1.17 1.92 1.64 1.65 2.03 1.7

Noninterest expense to assets������������������������������� 3.02 3.42 3.18 2.91 3.01 2.97 3.05 3.04 3.0

Loan and lease loss provision to assets���������������� 0.57 0.34 0.55 0.61 0.57 0.56 0.74 0.42 0.6

Net operating income to assets ����������������������������� 0.89 0.50 0.56 0.79 0.95 1.04 0.53 0.76 1.0

Pretax return on assets ������������������������������������������ 1.32 0.67 0.80 1.21 1.41 1.61 0.86 1.13 1.3

Return on assets����������������������������������������������������� 0.92 0.54 0.61 0.86 0.97 1.07 0.62 0.81 0.9

Return on equity ����������������������������������������������������� 8.20 4.67 5.79 7.42 8.62 8.45 5.16 9.48 8.74

Net charge-offs to loans and leases���������������������� 1.61 0.58 0.83 1.17 1.81 1.97 1.72 1.19 1.9

Loan and lease loss provision to 

net charge-offs ������������������������������������������������ 65.53 101.84 101.86 83.23 61.05 52.44 76.59 78.54 58.28 

Efficiency ratio �������������������������������������������������������� 60.64 77.62 70.67 61.53 59.26 56.45 66.07 66.36 57.04 

% of unprofitable institutions���������������������������������� 15.57 17.31 15.28 11.59 7.55 13.11 33.16 14.01 10.38 

% of institutions with earnings gains���������������������� 63.03 59.48 63.38 73.62 76.42 60.56 61.40 60.20 64.84 

Condition Ratios (%)

Earning assets to total assets ��������������������������������� 86.30 90.95 91.49 90.36 85.11 86.83 84.77 85.07 85.26 

Loss allowance to:

Loans and leases ��������������������������������������������� 2.69 1.77 1.90 2.06 2.92 2.59 2.77 2.86 3.0

Noncurrent loans and leases ��������������������������� 63.69 70.10 56.93 51.66 66.13 84.08 49.29 62.54 69.12 

Noncurrent assets plus

other real estate owned to assets�������������������� 2.62 2.39 3.18 3.27 2.48 1.79 3.67 2.40 2.7

Equity capital ratio��������������������������������������������������� 11.30 11.99 10.82 11.87 11.28 12.55 12.20 8.62 11.19 

Core capital (leverage) ratio ����������������������������������� 9.17 11.33 10.15 10.54 8.85 10.21 8.94 7.07 9.18 

Tier 1 risk-based capital ratio���������������������������������� 13.16 18.16 15.08 15.52 12.58 15.10 12.23 10.76 12.79 

Total risk-based capital ratio ����������������������������������� 15.52 19.29 16.29 16.79 15.22 17.04 15.18 13.74 14.87 

Net loans and leases to deposits���������������������������� 71.38 67.80 75.32 79.75 69.71 72.98 72.69 62.20 72.53 

Net loans to total assets ����������������������������������������� 51.70 57.28 62.42 61.32 49.13 51.18 54.52 43.29 52.97 

Domestic deposits to total assets ��������������������������� 61.60 84.49 82.84 76.33 56.92 61.53 69.65 55.54 51.41 

Structural Changes

New charters ��������������������������������������������������� 3 0 2 1 0 0 3 0 0 0 0

Institutions absorbed by mergers ������������������� 144 50 76 15 3 22 13 29 33 37 10

Failed institutions �������������������������������������������� 74 13 55 6 0 1 38 13 2 10 10

PRIOR FIRST THREE QUARTERS

(The way it was...)

Number of institutions ������������������������������������2010 7,761 2,682 4,414 556 109 961 1,041 1,609 1,841 1,637 672

������������������������������������������� 2008 8,384 3,240 4,470 560 114 1,027 1,197 1,721 1,943 1,719 777

������������������������������������������� 2006 8,743 3,731 4,369 523 120 1,097 1,232 1,848 2,027 1,767 772

Total assets (in billions)����������������������������������2010 $13,373.0 $151.1 $1,315.8 $1,400.7 $10,505.4 $2,724.6 $2,957.1 $2,948.0 $1,649.5 $788

������������������������������������������� 2008 13,572.5 174.9 1,338.2 1,474.7 10,584.7 2,689.0 3,427.5 3,324.7 1,009.2 77

������������������������������������������� 2006 11,754.2 194.2 1,283.5 1,422.5 8,854.0 2,963.5 2,928.6 2,736.1 814.5 64

Return on assets (%)��������������������������������������2010 0.64 0.40 0.37 0.26 0.73 0.72 0.36 0.62 0.7

������������������������������������������� 2008 0.32 0.47 0.44 0.18 0.33 0.59 0.30 0.31 0.93

������������������������������������������� 2006 1.33 1.01 1.20 1.30 1.36 1.24 1.34 1.07 1.6

Net charge-offs to loans & leases (%) �����������2010 2.64 0.73 1.02 1.71 3.07 3.77 2.51 2.04 3.0

������������������������������������������� 2008 1.18 0.31 0.49 0.88 1.37 1.31 0.98 1.15 1.3

������������������������������������������� 2006 0.36 0.14 0.14 0.19 0.43 0.56 0.16 0.24 0.3

Noncurrent assets plus 

OREO to assets (%) ��������������������������������2010 3.24 2.42 3.41 3.69 3.17 2.18 4.04 3.06 4.5

������������������������������������������� 2008 1.55 1.40 1.82 2.03 1.46 0.98 1.67 1.56 1.9

������������������������������������������� 2006 0.50 0.72 0.57 0.46 0.49 0.44 0.31 0.54 0.8

Equity capital ratio (%)������������������������������������2010 11.18 12.19 10.36 11.22 11.26 12.48 11.55 9.06 11.56 

������������������������������������������� 2008 9.62 13.14 10.18 10.87 9.32 10.92 10.14 8.56 9.6

������������������������������������������� 2006 10.41 13.04 10.46 11.00 10.25 11.13 9.76 9.03 11.18 

* See Table V-A (page 11) for explanations
FDIC Quarterly 10 2011, Volume 5, No. 4

TABLE V-A. Loan Performance, All FDIC-Insured Institutions

Asset Concentration Groups*

September 30, 2011 All Insured 

Institutions

Credit 

Card 

Banks

International 

Banks

Agricultural 

Banks

Commercial 

Lenders

Mortgage 

Lenders

Consumer 

Lenders

Other 

Specialized 

<$1 Billion

All Other 

<$1 

Billion

All Other 

>$1 

Billion

Percent of Loans 30-89 Days Past Due

All loans secured by real estate ��������������������������������������� 1.72 1.89 2.48 0.95 1.26 1.49 1.09 1.27

Construction and development��������������������������������� 1.71 0.00 1.57 1.36 1.69 1.51 0.51 1.58

Nonfarm nonresidential��������������������������������������������� 0.93 0.43 0.43 0.99 0.93 0.94 2.27 0.96

Multifamily residential real estate ����������������������������� 0.66 0.00 0.32 0.91 0.75 0.74 0.86 1.43

Home equity loans����������������������������������������������������� 1.15 3.36 1.72 0.59 0.87 0.76 0.92 0.43

Other 1-4 family residential��������������������������������������� 2.55 1.50 3.76 1.61 1.81 1.64 1.19 1.56

Commercial and industrial loans ������������������������������������� 0.48 1.81 0.39 1.21 0.55 0.60 1.30 0.92

Loans to individuals���������������������������������������������������������� 1.71 1.65 1.94 1.65 1.57 0.93 1.40 1.73

Credit card loans ������������������������������������������������������� 1.71 1.63 2.06 0.99 1.04 1.44 0.89 1.06

Other loans to individuals ����������������������������������������� 1.71 2.00 1.74 1.66 1.65 0.86 1.63 1.78

All other loans and leases (including farm) ��������������������� 0.22 0.11 0.13 0.30 0.29 0.28 0.53 0.79

Total loans and leases������������������������������������������������������ 1.37 1.65 1.50 0.87 1.08 1.43 1.32 1.26

Percent of Loans Noncurrent**

All real estate loans ���������������������������������������������������������� 6.50 4.81 8.94 2.40 4.86 4.33 1.17 2.86

Construction and development.................................. 14.57 0.00 1

Nonfarm nonresidential��������������������������������������������� 3.92 0.00 3.10 3.11 3.86 3.89 3.38 3.33

Multifamily residential real estate ����������������������������� 2.91 0.00 1.96 3.48 3.03 2.64 1.95 2.19

Home equity loans����������������������������������������������������� 1.77 2.57 2.45 0.87 1.43 1.14 0.82 0.73

Other 1-4 family residential��������������������������������������� 9.07 7.13 14.85 1.71 4.87 4.64 1.11 1.72 

Commercial and industrial loans ������������������������������������� 1.49 1.98 1.57 2.17 1.74 1.79 0.87 1.55

Loans to individuals���������������������������������������������������������� 1.42 1.71 1.70 0.72 1.27 0.49 1.63 0.94

Credit card loans ������������������������������������������������������� 1.71 1.69 1.76 0.53 1.50 1.29 0.93 1.29

Other loans to individuals ����������������������������������������� 1.11 1.94 1.60 0.72 1.23 0.39 1.96 0.92

All other loans and leases (including farm) ��������������������� 0.77 0.08 0.93 0.57 0.81 0.29 0.45 1.38

Total loans and leases������������������������������������������������������ 4.22 1.71 4.38 1.86 3.73 4.07 1.49 2.34

Percent of Loans Charged-off (net, YTD)

All real estate loans ���������������������������������������������������������� 1.36 6.85 1.84 0.36 1.30 0.90 1.38 0.41

Construction and development��������������������������������� 3.39 0.00 1.37 2.01 3.96 2.50 0.85 1.73

Nonfarm nonresidential��������������������������������������������� 0.83 0.00 1.16 0.41 0.90 0.61 0.74 0.42

Multifamily residential real estate ����������������������������� 0.74 0.00 0.67 0.45 0.85 0.23 0.34 0.03

Home equity loans����������������������������������������������������� 2.12 5.35 2.37 0.82 1.38 1.46 1.99 0.69

Other 1-4 family residential��������������������������������������� 1.25 9.15 2.18 0.29 1.03 0.86 0.84 0.19

Commercial and industrial loans ������������������������������������� 0.94 7.10 1.02 0.73 1.01 0.80 5.92 1.14

Loans to individuals���������������������������������������������������������� 3.71 5.54 4.96 0.49 1.37 1.05 1.70 -0.34

Credit card loans ������������������������������������������������������� 5.83 5.49 6.50 1.41 4.55 4.55 3.41 2.47

Other loans to individuals ����������������������������������������� 1.24 6.40 2.23 0.42 0.75 0.53 0.77 -0.49

All other loans and leases (including farm) ��������������������� 0.25 0.00 0.27 0.00 0.46 0.37 2.94 1.69

Total loans and leases������������������������������������������������������ 1.61 5.58 2.07 0.36 1.20 0.90 1.77 0.47

Loans Outstanding (in billions)

All real estate loans ���������������������������������������������������������� $4,113.7 $0.1 $479.9 $75.9 $1,830.2 $416.8 $17.2 $10.0 $56.

Construction and development��������������������������������� 254.6 0.0 6.8 4.0 171.5 7.1 0.4 0.

Nonfarm nonresidential��������������������������������������������� 1,055.5 0.0 29.2 21.8 730.8 30.3 0.9 3.4 

Multifamily residential real estate ����������������������������� 216.8 0.0 36.3 1.8 131.8 10.2 0.1 0.

Home equity loans����������������������������������������������������� 608.3 0.0 108.7 1.6 198.8 34.9 8.2 0.4

Other 1-4 family residential��������������������������������������� 1,852.0 0.0 247.4 20.1 564.5 333.1 7.5 4.7 

Commercial and industrial loans ������������������������������������� 1,283.6 20.9 222.2 16.3 568.7 13.0 2.3 2.0

Loans to individuals���������������������������������������������������������� 1,284.6 415.6 260.1 6.1 205.3 19.0 51.1 2.1

Credit card loans ������������������������������������������������������� 666.5 392.7 164.2 0.1 29.6 2.2 16.4 0.

Other loans to individuals ����������������������������������������� 618.1 22.8 96.0 6.0 175.7 16.8 34.7 1.9

All other loans and leases (including farm) ��������������������� 655.3 2.9 252.0 29.9 141.3 3.5 0.3 0.8

Total loans and leases (plus unearned income)�������������� 7,337.1 439.4 1,214.3 128.2 2,745.6 452.3 70.9 14.9 74

Memo: Other Real Estate Owned (in millions)

All other real estate owned����������������������������������������������� 50,485.2 -1.5 4,528.7 893.1 29,789.1 2,959.5 64.9 176.7 737.

Construction and development��������������������������������� 17,009.5 0.0 25.3 332.0 14,046.1 403.3 15.2 69.3 221

Nonfarm nonresidential��������������������������������������������� 10,902.3 0.0 170.6 296.2 8,059.4 242.5 17.0 55.7 214

Multifamily residential real estate ����������������������������� 2,543.9 0.0 752.0 34.0 1,166.0 51.4 4.3 6.1 

1-4 family residential ������������������������������������������������� 11,900.3 0.3 1,009.6 178.4 5,601.7 1,358.6 26.0 41.1 241

Farmland�������������������������������������������������������������������� 404.2 0.0 0.0 51.7 297.4 3.4 2.4 4.6

GNMA properties������������������������������������������������������� 7,575.2 0.0 2,436.0 0.8 599.3 902.7 0.0 0.0 23

* Asset Concentration Group Definitions (Groups are hierarchical and mutually exclusive):

Credit-card Lenders - Institutions whose credit-card loans plus securitized receivables exceed 50 percent of total assets plus securitized receivables

International Banks - Banks with assets greater than $10 billion and more than 25 percent of total assets in foreign offices

Agricultural Banks - Banks whose agricultural production loans plus real estate loans secured by farmland exceed 25 percent of their total loans and leases

Commercial Lenders - Institutions whose commercial and industrial loans, plus real estate construction and development loans, plus loans secured by commercial real estate properties 

exceed 25 percent of total assets

Mortgage Lenders - Institutions whose residential mortgage loans, plus mortgage-backed securities, exceed 50 percent of total assets

Consumer Lenders - Institutions whose residential mortgage loans, plus credit-card loans, plus other loans to individuals, exceed 50 percent of total assets

Other Specialized < $1 Billion - Institutions with assets less than $1 billion, whose loans and leases are less than 40 percent of total assets

All Other < $1 billion - Institutions with assets less than $1 billion that do not meet any of the definitions above; they have significant lending activity with no identified asset concentrations

All Other > $1 billion - Institutions with assets greater than $1 billion that do not meet any of the definitions above; they have significant lending activity with no identified asset concentrations

** Noncurrent loan rates represent the percentage of loans in each category that are past due 90 days or more or that are in nonaccrual status
FDIC Quarterly 11 2011, Volume 5, No. 4

Quarterly Banking Profile

TABLE V-A. Loan Performance, All FDIC-Insured Institutions

Asset Size Distribution Geographic Regions*

September 30, 2011 All Insured 

Institutions

Less than 

$100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to 

$10 Billion

Greater 

than 

$10 Billion New York Atlanta Chicago

Kansas 

City Dallas

San 

Francisco

Percent of Loans 30-89 Days Past Due 

All loans secured by real estate ������������������������������ 1.72 1.63 1.28 1.13 1.96 1.30 1.93 1.68 2.4

Construction and development������������������������ 1.71 1.86 1.77 1.39 1.82 1.98 1.49 1.94 2.2

Nonfarm nonresidential������������������������������������ 0.93 1.45 1.10 0.85 0.87 0.93 0.94 0.98 1.1

Multifamily residential real estate �������������������� 0.66 1.12 0.95 0.72 0.57 0.64 0.87 0.67 0.8

Home equity loans�������������������������������������������� 1.15 1.03 0.80 0.76 1.21 0.73 1.38 1.34 1.1

Other 1-4 family residential������������������������������ 2.55 2.10 1.58 1.59 2.86 1.68 2.75 2.42 3.9

Commercial and industrial loans ���������������������������� 0.48 1.40 0.99 0.68 0.39 0.73 0.35 0.49 0.4

Loans to individuals������������������������������������������������� 1.71 2.07 1.67 1.68 1.71 1.71 1.98 1.49 1.9

Credit card loans ���������������������������������������������� 1.71 1.69 2.08 1.76 1.70 1.61 2.02 1.38 2.0

Other loans to individuals �������������������������������� 1.71 2.07 1.64 1.66 1.71 2.00 1.96 1.53 1.8

All other loans and leases (including farm) ������������ 0.22 0.38 0.31 0.26 0.20 0.21 0.16 0.29 0.1

Total loans and leases��������������������������������������������� 1.37 1.49 1.21 1.07 1.43 1.26 1.51 1.26 1.6

Percent of Loans Noncurrent** 

All real estate loans ������������������������������������������������� 6.50 3.00 3.80 4.85 7.57 4.39 8.64 7.19 7.2

Construction and development������������������������ 14.57 9.33 12.17 14.61 15.78 16.90 17.07 13.35 13.40

Nonfarm nonresidential������������������������������������ 3.92 3.54 3.41 3.89 4.20 3.61 4.64 3.98 3.9

Multifamily residential real estate �������������������� 2.91 3.47 2.84 3.40 2.75 1.98 4.27 3.12 2.6

Home equity loans�������������������������������������������� 1.77 1.12 1.37 1.34 1.84 1.24 1.89 2.00 2.1

Other 1-4 family residential������������������������������ 9.07 2.42 2.80 4.54 10.91 4.63 11.93 11.54 11.2

Commercial and industrial loans ���������������������������� 1.49 2.47 2.32 2.27 1.30 1.88 1.19 1.67 1.4

Loans to individuals������������������������������������������������� 1.42 1.01 0.80 1.04 1.46 1.59 1.23 1.22 1.6

Credit card loans ���������������������������������������������� 1.71 0.93 1.45 1.51 1.71 1.72 1.74 1.83 1.7

Other loans to individuals �������������������������������� 1.11 1.01 0.75 0.87 1.16 1.19 0.96 1.01 1.4

All other loans and leases (including farm) ������������ 0.77 0.61 0.74 0.69 0.78 0.31 0.51 0.67 1.1

Total loans and leases��������������������������������������������� 4.22 2.53 3.33 3.98 4.41 3.08 5.63 4.58 4.4

Percent of Loans Charged-off (net, YTD) 

All real estate loans ������������������������������������������������� 1.36 0.57 0.81 1.16 1.55 0.81 1.93 1.35 1.6

Construction and development������������������������ 3.39 2.52 2.85 4.18 3.29 2.65 4.80 3.82 2.1

Nonfarm nonresidential������������������������������������ 0.83 0.58 0.60 0.87 0.92 0.69 1.13 1.03 0.6

Multifamily residential real estate �������������������� 0.74 0.98 0.76 0.79 0.71 0.56 1.22 0.67 1.3

Home equity loans�������������������������������������������� 2.12 0.61 0.71 1.04 2.32 0.90 2.84 1.78 2.8

Other 1-4 family residential������������������������������ 1.25 0.39 0.58 0.76 1.45 0.70 1.53 1.16 1.8

Commercial and industrial loans ���������������������������� 0.94 1.00 1.15 1.08 0.89 1.39 0.67 0.87 0.9

Loans to individuals������������������������������������������������� 3.71 0.57 0.98 1.72 3.93 5.13 2.95 1.90 4.7

Credit card loans ���������������������������������������������� 5.83 2.34 5.36 4.37 5.87 5.98 6.55 4.88 6.5

Other loans to individuals �������������������������������� 1.24 0.49 0.61 0.69 1.34 2.14 0.87 0.87 2.0

All other loans and leases (including farm) ������������ 0.25 0.12 0.30 0.48 0.24 0.09 0.21 0.08 0.4

Total loans and leases��������������������������������������������� 1.61 0.57 0.83 1.16 1.81 1.97 1.72 1.19 1.9

Loans Outstanding (in billions) 

All real estate loans ������������������������������������������������� $4,113.7 $57.7 $631.6 $649.5 $2,774.9 $819.1 $995.7 $791.2 $803.6 $3

Construction and development������������������������ 254.6 3.7 59.2 59.0 132.7 39.8 75.4 41.7 37.

Nonfarm nonresidential������������������������������������ 1,055.5 17.0 252.3 264.6 521.6 227.2 228.3 187.2 159.6 

Multifamily residential real estate �������������������� 216.8 1.8 31.0 45.7 138.3 65.8 29.0 60.9 22.

Home equity loans�������������������������������������������� 608.3 1.7 33.7 47.7 525.1 90.7 172.2 151.4 134.

Other 1-4 family residential������������������������������ 1,852.0 25.4 221.3 219.4 1,385.9 389.2 481.8 334.9 374.4 

Commercial and industrial loans ���������������������������� 1,283.6 10.4 103.1 136.5 1,033.5 195.0 307.9 260.8 292.2

Loans to individuals������������������������������������������������� 1,284.6 5.6 36.6 71.0 1,171.3 380.4 229.0 185.1 286.0

Credit card loans ���������������������������������������������� 666.5 0.1 2.5 19.2 644.7 285.9 80.6 45.8 165.

Other loans to individuals �������������������������������� 618.1 5.5 34.2 51.8 526.6 94.5 148.5 139.2 120.

All other loans and leases (including farm) ������������ 655.3 9.5 39.3 36.1 570.3 98.9 121.7 175.9 204.

Total loans and leases (plus unearned income)����� 7,337.1 83.3 810.6 893.2 5,550.1 1,493.4 1,654.3 1,413.0 1,585.9 

Memo: Other Real Estate Owned (in millions) 

All other real estate owned�������������������������������������� 50,485.2 1,274.3 13,291.4 10,882.2 25,037.3 4,702.9 14,159.7 11,130.7 10,068.8 5,92

Construction and development������������������������ 17,009.5 437.0 6,145.0 5,372.5 5,055.1 1,233.5 5,490.7 2,436.0 2,938.3 2,94

Nonfarm nonresidential������������������������������������ 10,902.3 415.1 3,760.6 2,939.6 3,787.0 1,151.5 2,534.6 2,183.2 2,327.7 1,48

Multifamily residential real estate �������������������� 2,543.9 45.0 406.4 409.2 1,683.3 278.9 510.6 395.4 1,008.3 

1-4 family residential ���������������������������������������� 11,900.3 347.3 2,719.9 1,977.2 6,855.9 1,653.6 3,750.1 2,414.7 2,146.1 1,

Farmland����������������������������������������������������������� 404.2 30.1 210.3 103.7 60.1 21.3 80.4 83.7 81.7

GNMA properties���������������������������������������������� 7,575.2 0.5 51.6 81.5 7,441.6 344.2 1,793.6 3,618.5 1,434.2

* Regions:

New York - Connecticut, Delaware, District of Columbia, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Puerto Rico, Rhode Island, Vermont, 

U.S. Virgin Island

Atlanta - Alabama, Florida, Georgia, North Carolina, South Carolina, Virginia, West Virginia

Chicago - Illinois, Indiana, Kentucky, Michigan, Ohio, Wisconsin

Kansas City - Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota

Dallas - Arkansas, Colorado, Louisiana, Mississippi, New Mexico, Oklahoma, Tennessee, Texas

San Francisco - Alaska, Arizona, California, Hawaii, Idaho, Montana, Nevada, Oregon, Pacific Islands, Utah, Washington, Wyoming

** Noncurrent loan rates represent the percentage of loans in each category that are past due 90 days or more or that are in nonaccrual status
FDIC Quarterly 12 2011, Volume 5, No. 4

TABLE VI-A. Derivatives, All FDIC-Insured Commercial Banks and State-Chartered Savings Banks

Asset Size Distribution

(dollar figures in millions;

notional amounts unless otherwise indicated)

3rd Quarter 

2011

2nd Quarter 

2011

1st Quarter 

2011

4th Quarter 

2010

3rd Quarter 

2010

%Change 

10Q3-11Q3

Less 

than $100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to $10 

Billion

Greater than 

$10 Billion

ALL DERIVATIVE HOLDERS 

Number of institutions reporting derivatives����������������� 1,186 1,165 1,146 1,169 1,208 -1.8 87 725 295 7

Total assets of institutions reporting derivatives ���������� $11,345,772 $11,163,731 $10,946,165 $10,836,152 $10,890,221 4.2 $6,260 $298,869 $847,865 $10,192,77

Total deposits of institutions reporting derivatives������� 8,105,537 7,895,133 7,707,825 7,547,346 7,403,759 9.5 5,261 244,284 662,556 7,193,43

Total derivatives������������������������������������������������������������� 250,463,084 251,259,019 246,084,145 232,210,986 236,472,991 5.9 271 24,053 72,380 250,366,38

Derivative Contracts by Underlying Risk Exposure 

Interest rate�������������������������������������������������������������������� 202,130,503 204,635,890 199,547,660 193,498,016 196,558,951 2.8 266 23,647 64,847 202,041,74

Foreign exchange*��������������������������������������������������������� 29,283,191 28,389,032 28,788,641 22,002,935 22,531,799 30.0 0 66 6,323 29,276,80

Equity ����������������������������������������������������������������������������� 1,786,008 1,654,652 1,471,402 1,363,903 1,679,272 6.4 4 101 750 1,785,15

Commodity & other (excluding credit derivatives)�������� 1,602,067 1,351,825 1,377,484 1,195,150 1,153,316 38.9 1 20 217 1,601,82

Credit������������������������������������������������������������������������������ 15,661,315 15,227,620 14,898,959 14,150,982 14,549,653 7.6 0 218 245 15,660,85

Total�������������������������������������������������������������������������������� 250,463,084 251,259,019 246,084,145 232,210,986 236,472,991 5.9 271 24,053 72,380 250,366,38

Derivative Contracts by Transaction Type 

Swaps ���������������������������������������������������������������������������� 156,143,299 156,064,620 152,747,072 149,256,496 146,962,845 6.2 23 8,630 39,632 156,095,01

Futures & forwards �������������������������������������������������������� 39,797,247 41,100,081 39,084,285 35,712,449 39,643,697 0.4 87 7,234 16,238 39,773,68

Purchased options��������������������������������������������������������� 18,511,497 18,861,618 19,021,419 16,174,403 16,911,569 9.5 20 660 4,454 18,506,36

Written options��������������������������������������������������������������� 17,862,059 18,099,420 18,256,170 15,904,132 16,697,482 7.0 140 7,269 11,243 17,843,40

Total�������������������������������������������������������������������������������� 232,314,102 234,125,739 229,108,946 217,047,480 220,215,592 5.5 271 23,793 71,567 232,218,47

Fair Value of Derivative Contracts 

Interest rate contracts���������������������������������������������������� 93,010 88,683 92,291 92,057 107,166 -13.2 1 6 -61 93,06

Foreign exchange contracts������������������������������������������ 33,038 15,548 8,198 12,340 -7,464 N/M 0 0 98 32,941

Equity contracts������������������������������������������������������������� 6,441 299 1,763 -2,126 -1,777 N/M 0 2 10 6,428

Commodity & other (excluding credit derivatives)�������� 773 148 -916 -1,068 -721 N/M 0 1 1 771

Credit derivatives as guarantor������������������������������������� -370,779 -67,253 -40,236 -68,248 -131,318 182.4 0 0 2 -370,78

Credit derivatives as beneficiary����������������������������������� 387,580 75,397 50,612 82,772 150,801 157.0 0 -1 -2 387,58

Derivative Contracts by Maturity** 

Interest rate contracts ����������������������������� < 1 year 95,376,905 94,641,843 92,443,045 90,842,757 90,921,258 4.9 68 10,021 15,102 95,351,71

 ������������������������������������������ 1-5 years 34,134,333 35,300,470 34,896,890 33,496,919 35,145,262 -2.9 29 2,957 19,931 34,111,41

 ������������������������������������������ > 5 years 24,968,981 25,211,196 24,922,242 24,306,863 24,550,151 1.7 30 2,613 12,812 24,953,52

Foreign exchange contracts ������������������� < 1 year 19,219,846 17,820,001 18,023,979 14,467,367 13,362,678 43.8 0 24 3,700 19,216,12

 ������������������������������������������ 1-5 years 2,990,392 3,180,412 2,741,047 2,432,756 2,582,310 15.8 0 1 132 2,990,25

 ������������������������������������������ > 5 years 1,474,701 1,530,257 1,432,790 1,289,279 1,431,627 3.0 0 0 287 1,474,41

Equity contracts��������������������������������������� < 1 year 375,359 358,257 349,774 296,219 352,018 6.6 0 26 82 375,25

 ������������������������������������������ 1-5 years 241,995 226,000 204,271 190,983 217,706 11.2 0 25 188 241,78

 ������������������������������������������ > 5 years 97,743 93,112 84,177 84,629 86,713 12.7 0 2 14 97,72

Commodity & other contracts ����������������� < 1 year 434,161 438,496 504,234 382,507 311,897 39.2 0 10 109 434,04

 ������������������������������������������ 1-5 years 266,044 237,875 225,140 239,847 241,288 10.3 0 5 44 265,99

 ������������������������������������������ > 5 years 29,127 30,222 25,209 26,176 33,836 -13.9 0 0 0 29,12

Risk-Based Capital: Credit Equivalent Amount 

Total current exposure to tier 1 capital (%)������������������� 52.5 38.3 37.7 41.3 48.6 0.1 0.7

Total potential future exposure to tier 1 capital (%)������ 82.8 87.3 87.4 84.0 83.1 0.1 0.2

Total exposure (credit equivalent amount) 

to tier 1 capital (%)�������������������������������������������������� 135.3 125.7 125.0 125.2 131.7 0.2 0.9 

Credit losses on derivatives***���������������������������������� 1,764.0 149.0 77.0 668.0 587.0 200.5 0.0 1.0 9

HELD FOR TRADING 

Number of institutions reporting derivatives����������������� 194 198 194 196 201 -3.5 10 72 55 5

Total assets of institutions reporting derivatives ���������� 9,458,375 9,306,152 9,075,427 8,968,778 9,001,809 5.1 608 32,359 228,280 9,197,12

Total deposits of institutions reporting derivatives������� 6,772,143 6,604,984 6,419,032 6,279,414 6,139,890 10.3 497 26,096 176,543 6,569,00

Derivative Contracts by Underlying Risk Exposure 

Interest rate�������������������������������������������������������������������� 198,249,545 200,741,525 196,013,965 191,773,865 194,585,711 1.9 17 1,694 11,369 198,236,46

Foreign exchange���������������������������������������������������������� 26,370,081 26,070,060 26,299,021 20,791,379 20,641,367 27.8 0 0 3,603 26,366,47

Equity ����������������������������������������������������������������������������� 1,779,267 1,648,685 1,465,412 1,357,525 1,672,913 6.4 0 0 72 1,779,19

Commodity & other�������������������������������������������������������� 1,581,316 1,331,805 1,356,822 1,184,245 1,145,723 38.0 1 10 93 1,581,21

Total�������������������������������������������������������������������������������� 227,980,210 229,792,075 225,135,219 215,107,014 218,045,714 4.6 18 1,704 15,136 227,963,35

Trading Revenues: Cash & Derivative Instruments 

Interest rate�������������������������������������������������������������������� 6,747 4,553 4,351 1,413 4,150 62.6 0 0 -11 6,75

Foreign exchange���������������������������������������������������������� 2,632 497 29 1,892 -1,087 N/M 0 0 2 2,630

Equity ����������������������������������������������������������������������������� 1,535 735 747 365 405 279.0 0 0 0 1,53

Commodity & other (including credit derivatives) �������� 2,199 1,810 2,043 -226 609 261.1 0 0 0 2,19

Total trading revenues��������������������������������������������������� 13,112 7,595 7,170 3,444 4,077 221.6 0 0 -9 13,12

Share of Revenue 

Trading revenues to gross revenues (%) ���������������������� 11.2 6.4 6.1 2.9 3.5 0.0 0.0 

Trading revenues to net operating revenues (%)���������� 62.7 47.2 39.4 25.5 28.4 0.0 0.0 

HELD FOR PURPOSES OTHER THAN TRADING 

Number of institutions reporting derivatives����������������� 1,078 1,056 1,036 1,058 1,085 -0.6 77 663 264 7

Total assets of institutions reporting derivatives ���������� 11,124,529 10,825,285 10,594,769 10,477,496 10,536,789 5.6 5,652 271,601 750,355 10,096,92

Total deposits of institutions reporting derivatives������� 7,936,585 7,727,003 7,497,971 7,334,938 7,200,127 10.2 4,764 222,304 583,877 7,125,63

Derivative Contracts by Underlying Risk 

Exposure 

Interest rate�������������������������������������������������������������������� 3,880,958 3,894,365 3,533,694 1,724,151 1,973,241 96.7 249 21,953 53,478 3,805,27

Foreign exchange���������������������������������������������������������� 425,443 413,312 413,380 199,032 182,687 132.9 0 25 2,151 423,26

Equity ����������������������������������������������������������������������������� 6,741 5,967 5,990 6,378 6,359 6.0 4 101 678 5,95

Commodity & other�������������������������������������������������������� 20,751 20,020 20,662 10,905 7,593 173.3 0 10 124 20,61

Total notional amount ���������������������������������������������������� 4,333,892 4,333,664 3,973,727 1,940,466 2,169,879 99.7 253 22,090 56,431 4,255,11

All line items are reported on a quarterly basis. N/M - Not Meaningf

*Include spot foreign exchange contracts. All other references to foreign exchange contracts in which notional values or fair values are reported exclude spot foreign exchange contract

** Derivative contracts subject to the risk-based capital requirements for derivatives

*** The reporting of credit losses on derivatives is applicable to all banks filing the FFIEC 031 report form and to those banks filing the FFIEC 041 report form that have $300 million or more 

in total assets
FDIC Quarterly 13 2011, Volume 5, No. 4

Quarterly Banking Profile

TABLE VII-A. Servicing, Securitization, and Asset Sales Activities (All FDIC-Insured Commercial Banks and State-Chartered 

Savings Banks)

Asset Size Distribution

(dollar figures in millions)

3rd 

Quarter

2011

2nd 

Quarter

2011

1st 

Quarter

2011

4th 

Quarter 

2010

3rd 

Quarter 

2010

% Change 

10Q3-

11Q3

Less than 

$100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to $10 

Billion

Greater 

than $10 

Billion

Assets Securitized and Sold with Servicing Retained or with 

Recourse or Other Seller-Provided Credit Enhancements 

Number of institutions reporting securitization activities ����������������������������������������� 142 139 137 136 134 6.0 20 69 23 3

Outstanding Principal Balance by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� $749,814 $758,033 $757,270 $755,948 $763,534 -1.8 $68 $1,296 $3,576 $744,87

Home equity loans��������������������������������������������������������������������������������������������� 0 1,028 0 0 0 0.0 0 0 0 

Credit card receivables�������������������������������������������������������������������������������������� 10,326 10,624 11,607 13,748 14,320 -27.9 0 683 0 9,64

Auto loans ���������������������������������������������������������������������������������������������������������� 1,034 228 234 298 329 214.3 0 0 27 1,00

Other consumer loans ��������������������������������������������������������������������������������������� 4,979 4,667 4,792 4,620 4,721 5.5 0 0 0 4,97

Commercial and industrial loans����������������������������������������������������������������������� 82 72 252 263 4,340 -98.1 15 11 29 2

All other loans, leases, and other assets* �������������������������������������������������������� 198,826 195,730 207,019 194,842 204,870 -3.0 1 13 105 198,70

Total securitized and sold������������������������������������������������������������������������������������������ 965,061 970,383 981,175 969,719 992,115 -2.7 83 2,003 3,737 959,23

Maximum Credit Exposure by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� 4,116 4,321 4,511 4,661 4,849 -15.1 1 44 52 4,01

Home equity loans��������������������������������������������������������������������������������������������� 0 0 0 0 0 0.0 0 0 0 

Credit card receivables�������������������������������������������������������������������������������������� 561 531 552 609 574 -2.3 0 244 0 31

Auto loans ���������������������������������������������������������������������������������������������������������� 3 56 4 5 6 -50.0 0 0 3 

Other consumer loans ��������������������������������������������������������������������������������������� 216 202 201 185 207 4.3 0 0 0 21

Commercial and industrial loans����������������������������������������������������������������������� 0 0 0 0 9 -100.0 0 0 0 

All other loans, leases, and other assets���������������������������������������������������������� 697 476 489 521 932 -25.2 0 4 0 69

Total credit exposure ������������������������������������������������������������������������������������������������� 5,592 5,584 5,757 5,981 6,577 -15.0 1 293 54 5,24

Total unused liquidity commitments provided to institution's own securitizations ��� 129 124 125 208 211 -38.9 0 0 8 12

Securitized Loans, Leases, and Other Assets 30-89 Days Past Due (%) 

1-4 family residential loans�������������������������������������������������������������������������������� 4.2 4.0 4.7 5.6 6.0 0.0 1.

Home equity loans��������������������������������������������������������������������������������������������� 0.0 1.5 0.0 0.0 0.0 0.0 0.

Credit card receivables�������������������������������������������������������������������������������������� 1.6 1.3 1.1 1.1 1.2 0.0 2.

Auto loans ���������������������������������������������������������������������������������������������������������� 0.1 1.9 1.5 1.6 1.4 0.0 0.

Other consumer loans ��������������������������������������������������������������������������������������� 4.4 4.5 4.1 4.2 3.9 0.0 0.

Commercial and industrial loans����������������������������������������������������������������������� 0.0 0.0 0.0 0.6 0.0 0.0 0.

All other loans, leases, and other assets���������������������������������������������������������� 1.4 0.9 1.3 1.1 1.5 0.0 0.

Total loans, leases, and other assets ����������������������������������������������������������������������� 3.6 3.3 3.9 4.7 5.0 0.0 1.

Securitized Loans, Leases, and Other Assets 90 Days or More Past Due (%) 

1-4 family residential loans�������������������������������������������������������������������������������� 6.4 6.9 9.0 9.4 10.5 0.0 1.

Home equity loans��������������������������������������������������������������������������������������������� 0.0 3.2 0.0 0.0 0.0 0.0 0.

Credit card receivables�������������������������������������������������������������������������������������� 0.6 0.5 0.5 0.5 0.5 0.0 2.

Auto loans ���������������������������������������������������������������������������������������������������������� 0.0 0.2 0.0 0.3 0.3 0.0 0.

Other consumer loans ��������������������������������������������������������������������������������������� 4.6 4.7 4.1 3.8 4.0 0.0 0.

Commercial and industrial loans����������������������������������������������������������������������� 0.0 0.0 0.0 0.0 0.0 0.0 0.

All other loans, leases, and other assets���������������������������������������������������������� 6.6 6.2 5.8 7.3 9.9 0.0 0.

Total loans, leases, and other assets ����������������������������������������������������������������������� 6.4 6.7 8.2 8.8 10.1 0.0 1.

Securitized Loans, Leases, and Other Assets Charged-off 

(net, YTD, annualized, %) 

1-4 family residential loans�������������������������������������������������������������������������������� 0.9 0.6 0.3 1.9 1.4 0.0 0.

Home equity loans��������������������������������������������������������������������������������������������� 0.0 1.6 0.0 0.0 0.0 0.0 0.

Credit card receivables�������������������������������������������������������������������������������������� 4.1 2.9 1.4 7.9 6.2 0.0 5.

Auto loans ���������������������������������������������������������������������������������������������������������� 0.0 1.1 0.0 1.4 0.9 0.0 0.0

Other consumer loans ��������������������������������������������������������������������������������������� 0.9 0.6 0.3 1.6 1.3 0.0 0.

Commercial and industrial loans����������������������������������������������������������������������� 0.0 0.0 0.0 0.0 0.0 0.0 0.

All other loans, leases, and other assets���������������������������������������������������������� 0.2 0.1 0.1 0.4 0.2 0.0 0.

Total loans, leases, and other assets ����������������������������������������������������������������������� 0.8 0.5 0.3 1.7 1.2 0.0 2.

Seller's Interests in Institution's Own Securitizations - Carried as Loans 

Home equity loans��������������������������������������������������������������������������������������������� 0 0 0 0 0 0.0 0 0 0 

Credit card receivables�������������������������������������������������������������������������������������� 9,252 9,115 8,157 7,350 6,073 52.3 0 37 0 9,21

Commercial and industrial loans����������������������������������������������������������������������� 6 2 2 2 2 200.0 6 0 0 

Seller's Interests in Institution's Own Securitizations - Carried as Securities 

Home equity loans��������������������������������������������������������������������������������������������� 0 447 0 0 0 0.0 0 0 0 

Credit card receivables�������������������������������������������������������������������������������������� 0 0 0 0 0 0.0 0 0 0 

Commercial and industrial loans����������������������������������������������������������������������� 0 0 0 0 0 0.0 0 0 0 

Assets Sold with Recourse and Not Securitized 

Number of institutions reporting asset sales������������������������������������������������������������ 861 864 858 856 847 1.7 154 545 124 3

Outstanding Principal Balance by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� 52,371 54,882 64,404 63,007 60,734 -13.8 1,122 10,862 4,754 35,63

Home equity, credit card receivables, auto, and other consumer loans ��������� 1,296 1,360 1,417 1,455 571 127.0 0 6 21 1,26

Commercial and industrial loans����������������������������������������������������������������������� 70 147 102 379 455 -84.6 0 43 10 1

All other loans, leases, and other assets���������������������������������������������������������� 55,111 54,922 54,961 53,860 53,588 2.8 0 53 119 54,93

Total sold and not securitized������������������������������������������������������������������������������������ 108,847 111,310 120,885 118,701 115,349 -5.6 1,122 10,965 4,904 91,85

Maximum Credit Exposure by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� 12,707 12,996 13,519 15,315 14,720 -13.7 110 1,805 2,635 8,15

Home equity, credit card receivables, auto, and other consumer loans ��������� 188 192 193 190 28 571.4 0 3 5 17

Commercial and industrial loans����������������������������������������������������������������������� 53 127 81 90 77 -31.2 0 33 10 

All other loans, leases, and other assets���������������������������������������������������������� 13,789 13,513 13,420 13,115 12,969 6.3 0 38 17 13,73

Total credit exposure ������������������������������������������������������������������������������������������������� 26,735 26,828 27,213 28,711 27,793 -3.8 110 1,880 2,667 22,07

Support for Securitization Facilities Sponsored by Other Institutions 

Number of institutions reporting securitization facilities sponsored by others ������� 158 159 164 168 155 1.9 20 87 35 1

Total credit exposure ������������������������������������������������������������������������������������������������� 44,284 38,047 38,595 38,210 37,384 18.5 23 258 142 43,86

Total unused liquidity commitments ������������������������������������������������������������������������� 593 632 626 514 547 8.4 0 0 0 59

Other

Assets serviced for others**�������������������������������������������������������������������������������������� 5,637,315 5,755,677 5,748,104 5,783,312 5,892,026 -4.3 3,933 89,962 103,404 5,440,01

Asset-backed commercial paper conduits 

Credit exposure to conduits sponsored by institutions and others������������������ 11,484 10,109 9,895 10,009 11,639 -1.3 4 1 50 11,42

Unused liquidity commitments to conduits sponsored by institutions 

 and others �������������������������������������������������������������������������������������������������� 71,757 70,504 61,988 60,991 74,285 -3.4 0 0 1,102 70,65

Net servicing income (for the quarter)���������������������������������������������������������������������� -1,652 2,447 4,339 4,792 2,963 -155.8 34 108 41 -1,83

Net securitization income (for the quarter)��������������������������������������������������������������� 179 138 99 148 165 8.5 0 6 4 16

Total credit exposure to Tier 1 capital (%)***������������������������������������������������������������ 6.30 5.90 6.00 6.30 6.20 0.80 1.90 

* Line item titled “All other loans and all leases” for quarters prior to March 31, 2006

** The amount of financial assets serviced for others, other than closed-end 1-4 family residential mortgages, is reported when these assets are greater than $10 million

*** Total credit exposure includes the sum of the three line items titled “Total credit exposure” reported above
FDIC Quarterly 14 2011, Volume 5, No. 4

Total assets of the 7,436 FDIC-insured institutions 

increased by 1.5 percent ($207.1 billion) during third 

quarter 2011. Total deposits increased by 2.4 percent 

($234.5 billion), domestic office deposits increased by 

3.4 percent ($279.5 billion), and foreign office deposits 

decreased by 2.9 percent ($45 billion). Domestic noninterest-bearing deposits increased by 9.5 percent ($182.2 

billion) and savings deposits and interest-bearing checking accounts increased by 3 percent ($133.4 billion), 

while domestic time deposits decreased by 1.9 percent 

($36.1 billion). For the 12 months ending September 

30, total domestic deposits grew by 9.9 percent ($767.0 

billion), with interest-bearing deposits increasing by 

4.6 percent ($280.2 billion) and noninterest-bearing 

deposits rising by 30.3 percent ($486.8 billion).1 Foreign 

deposits fell by 2.6 percent and other borrowed funds 

declined by 21.0 percent over the same period.2

At the end of the third quarter, domestic deposits 

funded 61.6 percent of industry assets, the largest share 

since the first quarter of 1996, when domestic deposits 

funded 62.1 percent of assets. Insured institutions had 

$2.1 trillion in domestic noninterest-bearing deposits on 

September 30, 2011, 67 percent of which ($1.4 trillion) 

was in noninterest-bearing transaction accounts larger 

than $250,000. Of this total, $1.2 trillion exceeded the 

basic coverage limit of $250,000 per account, but is fully 

insured until the end of 2012.3 Deposits receiving the 

1

 Throughout the insurance fund discussion, FDIC-insured institutions 

include insured commercial banks and savings associations and, 

except where noted, exclude insured branches of foreign banks. 

2

 Other borrowed funds include federal funds purchased, securities 

sold under agreement to repurchase, FHLB advances, other borrowed 

money, mortgage indebtedness, obligations under capitalized leases, 

trading liabilities, less revaluation losses on assets held in trading 

accounts.

3

 The Dodd-Frank Wall Street Reform and Consumer Protection Act 

(Dodd-Frank), enacted on July 21, 2010, provides temporary unlimited 

deposit insurance coverage for noninterest-bearing transaction accounts 

from December 31, 2010, through December 31, 2012, regardless of 

the balance in the account and the ownership capacity of the funds. The 

unlimited coverage is available to all depositors, including consumers, 

businesses and government entities. The coverage is separate from, and 

in addition to, the insurance coverage provided for a depositor’s other 

accounts held at an FDIC-insured bank.

temporary coverage funded 4 percent of assets at banks 

with less than $10 billion in total assets and 10.1 

percent of assets at banks with more than $10 billion in 

assets. The total amount receiving temporary coverage 

increased by 16.6 percent ($174.3 billion) during the 

third quarter, following growth of 17.2 percent ($153.7 

billion) during the second quarter. The following table 

shows the distribution of accounts receiving unlimited 

coverage on noninterest-bearing transaction accounts 

by institution asset size.

Total estimated insured deposits increased by 3.6 

percent in the quarter ending September 30, and rose 

by a total of 25 percent over the past four quarters.4 The 

large four-quarter increase was primarily attributable to 

the additional temporary coverage of noninterest-bearing transaction accounts authorized by the Dodd-Frank 

Act. For institutions existing at the start and the end of 

the most recent quarter, insured deposits increased 

during the quarter at 4,250 institutions (57 percent), 

decreased at 3,153 institutions (42 percent), and 

remained unchanged at 29 institutions.

The condition of the Deposit Insurance Fund (DIF) 

continues to improve. The DIF increased by $3.9 billion 

during third quarter 2011 to $7.8 billion (unaudited), the 

seventh consecutive quarterly increase. Assessment 

income of $3.6 billion and a $763 million negative provision for insurance losses were the primary contributors to 

the improvement in the DIF balance. Interest earnings, 

combined with other net revenue, increased the fund by 

another $113 million. Operating expenses and unrealized 

losses on available-for-sale securities reduced the fund 

balance by $621 million. For the first three quarters of 

2011, 74 insured institutions failed, with combined assets 

of $30.4 billion, at a current estimated cost to the DIF of 

$6.4 billion. The DIF’s reserve ratio was 0.12 percent on 

September 30, 2011, up from 0.06 percent at June 30, 

2011, and negative 0.15 percent four quarters ago. 

4

 Figures for estimated insured deposits in this discussion include 

insured branches of foreign banks, in addition to insured commercial 

banks and savings institutions.

■ Insured Deposits Grow by 3.6 Percent

■ DIF Reserve Ratio Rises 6 Basis Points to 0.12 Percent

■ 26 Institutions Fail During Third Quarter

■ $1.2 Trillion Temporarily Insured in Noninterest-Bearing Transaction Accounts

INSURANCE FUND INDICATORS
FDIC Quarterly 15 2011, Volume 5, No. 4

Quarterly Banking Profile

Dodd-Frank requires that, for at least five years, the 

FDIC must make available to the public the reserve 

ratio and the DRR using both estimated insured deposits and the new assessment base. As of September 30, 

2011, the FDIC reserve ratio would have been 0.07 

percent using the new assessment base (compared with 

0.12 percent using estimated insured deposits), and the 

2 percent DRR using estimated insured deposits would 

have been 1.1 percent using the new assessment base. 

Author: Kevin Brown, Sr. Financial Analyst

Division of Insurance and Research

(202) 898-6817

Effective April 1, 2011, the deposit insurance assessment base changed to average consolidated total assets 

minus average tangible equity.5 Revisions to insurance 

assessment rates and risk-based pricing rules for large 

banks (banks with assets greater than $10 billion) also 

became effective on that date. The Fourth Quarter 

2010 Quarterly Banking Profile includes a more 

detailed explanation of these changes. Table 2 shows 

the distribution of the assessment base as of September 

30, 2011, by institution asset size category.

5

 There is an additional adjustment to the assessment base for banker’s banks and custodial banks, as permitted under Dodd-Frank.

Table 1

Insured Commercial Banks and Savings Institutions as of September 30, 2011

Distribution of Noninterest-Bearing Domestic Deposits, by Asset Size

Asset Size

Number of 

Institutions

Total Assets 

($ Bil.)

Dodd-Frank

Domestic Noninterest-Bearing Transaction Accounts

Larger than $250,000* Other 

NoninterestBearing 

Deposits* 

($ Bil.)

Total 

($ Bil.)

Amount above 

the $250,000 

Coverage Limit 

($ Bil.)

Average 

Account 

Size 

($000)

Average 

Number of 

Accounts per 

Institution

Less than $1 Billion 6,769 $1,416.3 $64.9 $41.4 $691 14 $116.2

$1 - $10 Billion 561 1,425.5 96.8 71.6 961 180 79.7

$10 - $50 Billion 69 1,325.7 114.5 94.6 1,441 1,152 57.9

$50 - $100 Billion 18 1,275.9 106.1 91.5 1,821 3,237 48.1

Over $100 Billion 19 8,364.3 1,016.4 922.6 2,709 19,751 394.2

Total 7,436 13,807.7 1,398.7 1,221.8 1,977 95 696.0

June 30, 2011 7,513 13,600.6 1,214.9 1,047.5 1,814 89 697.6

March 31, 2011 7,574 13,414.7 1,053.3 893.8 1,651 84 694.0

December 31, 2010 7,658 13,319.4 1,015.7 858.9 1,619 82 673.8

* Includes noninterest-bearing transaction accounts smaller than $250,000 and noninterest-bearing deposits not classified as transaction accounts.

Table 2

Distribution of the Assessment Base for FDIC-Insured Institutions* 

by Asset Size

Data as of September 30, 2011

Asset Size

Number of 

Institutions

Percent of 

Total Institutions

Assessment Base** 

($ Bil.)

Percent of 

Base

Less than $1 Billion 6,769 91.0% $1,260 10.5%

$1 - $10 Billion 561 7.5% 1,262 10.5%

$10 - $50 Billion 69 0.9% 1,156 9.7%

$50 - $100 Billion 18 0.2% 1,099 9.2%

Over $100 Billion 19 0.3% 7,188 60.1%

Total 7,436 100.0% 11,966 100.0%

* Excludes insured U.S. branches of foreign banks.

** Average consolidated total assets minus average tangible equity, with adjustments for banker’s banks and custodial banks.
FDIC Quarterly 16 2011, Volume 5, No. 4

DIF Reserve Ratios

Percent of Insured Deposits

0.76

0.36

0.27

0.22

0.06

0.12

-0.16 -0.39 -0.38 -0.28 -0.15 -0.12 -0.02

9/08 3/09 9/09 3/10 9/10 3/11 9/11

Table I-B. Insurance Fund Balances and Selected Indicators

(dollar figures in millions)

Deposit Insurance Fund*

3rd 

Quarter 

2011

2nd 

Quarter 

2011

1st 

Quarter 

2011

4th 

Quarter 

2010

3rd 

Quarter 

2010

2nd 

Quarter 

2010

1st 

Quarter 

2010

4th 

Quarter 

2009

3rd 

Quarter 

2009

2nd 

Quarter 

2009

1st 

Quarter 

2009

4th 

Quarter 

2008

3rd 

Quarter 

2008

Beginning Fund Balance ..... $3,916 -$1,023 -$7,352 -$8,009 -$15,247 -$20,717 -$20,862 -$8,243 $10,368 $13,007 $17,276 $34,588 $45,217

Changes in Fund Balance:

Assessments earned .............. 3,642 3,163 3,484 3,498 3,592 3,242 3,278 3,042 2,965 9,095 2,615 996 881

Interest earned on 

investment securities ...... 30 37 28 39 40 64 62 76 176 240 212 277 526

Realized gain on sale of

investments ...................... 0 0 0 0 0 0 0 0 732 521 136 302 473

Operating expenses ............... 433 463 395 452 414 382 345 379 328 298 266 290 249

Provision for insurance 

losses ............................... -763 -2,095 -3,089 2,446 -3,763 -2,552 3,021 17,766 21,694 11,615 6,637 19,163 11,930

All other income, 

net of expenses ............... 83 80 66 48 94 55 22 2,721 308 375 2 15 16

Unrealized gain/(loss) on 

available-for-sale 

securities ......................... -188 27 57 -30 163 -61 149 -313 -770 -957 -331 551 -346

Total fund balance change ..... 3,897 4,939 6,329 657 7,238 5,470 145 -12,619 -18,611 -2,639 -4,269 -17,312 -10,629

Ending Fund Balance ........... 7,813 3,916 -1,023 -7,352 -8,009 -15,247 -20,717 -20,862 -8,243 10,368 13,007 17,276 34,588

Percent change from 

four quarters earlier ......... NM NM NM NM NM NM NM NM NM -77.07 -75.39 -67.04 -3

Reserve Ratio (%) ................. 0.12 0.06 -0.02 -0.12 -0.15 -0.28 -0.38 -0.39 -0.16 0.22 0

Estimated Insured 

Deposits** .............................. 6,777,327 6,540,698 6,393,037 6,315,050 5,421,425 5,437,417 5,472,402 5,407,749 5,315,927 4,817,789 4,831,748 4,750,783 4,545,198

Percent change from 

four quarters earlier ......... 25.01 20.29 16.82 16.78 1.98 12.86 13.26 13.83 16.96 7.83 8.

Domestic Deposits ............... 8,526,528 8,244,864 8,006,889 7,887,732 7,753,409 7,681,284 7,702,451 7,705,353 7,561,334 7,561,996 7,546,996 7,505,408 7,230,326

Percent change from 

four quarters earlier ......... 9.97 7.34 3.95 2.37 2.54 1.58 2.06 2.66 4.58 7.47 6

Number of institutions 

reporting ......................... 7,445 7,522 7,584 7,668 7,771 7,840 7,944 8,022 8,109 8,205 8,257 8,315 8,394

Deposit Insurance Fund Balance 

and Insured Deposits

($ Millions)

DIF 

Balance

DIF-Insured 

Deposits

9/08 $34,588 $4,545,198

12/08 17,276 4,750,783

3/09 13,007 4,831,748

6/09 10,368 4,817,789

9/09 -8,243 5,315,927

12/09 -20,862 5,407,749

3/10 -20,717 5,472,402

6/10 -15,247 5,437,417

9/10 -8,009 5,421,425

12/10 -7,352 6,315,050

3/11 -1,023 6,393,037

6/11 3,916 6,540,698

9/11 7,813 6,777,327

Table II-B. Problem Institutions and Failed/Assisted Institutions

(dollar figures in millions) 2011*** 2010*** 2010 2009 2008 2007 2006

Problem Institutions

Number of institutions ������������������������������������������������ 844 860 884 702 252 76 50

Total assets����������������������������������������������������������������� $338,992 $379,230 $390,017 $402,782 $159,405 $22,189 $8,265

Failed Institutions

Number of institutions ������������������������������������������������ 74 127 157 140 25 3 0

Total assets����������������������������������������������������������������� $30,400 $83,282 $92,085 $169,709 $371,945 $2,615 $0

Assisted Institutions****

Number of institutions ������������������������������������������������ 0 0 0 8 5 0 0

Total assets����������������������������������������������������������������� $0 $0 $0 $1,917,482 $1,306,042 0 0

* Quarterly financial statement results are unaudited. NM - Not meaningf

** Beginning in the third quarter of 2009, estimates of insured deposits are based on a $250,000 general coverage limit. The Dodd-Frank Wall Street Reform and Consumer Protection Act

(Dodd-Frank) temporarily provides unlimited coverage for noninterest bearing transaction accounts for two years beginning December 31, 2010. Beginning in the fourth quarter of 2010,

estimates of insured deposits include the entire balance of noninterest bearing transaction accounts

***Through September 30

**** Assisted institutions represent five institutions under a single holding company that received assistance in 2008, and eight institutions under a different single holding company that 

received assistance in 2009
FDIC Quarterly 17 2011, Volume 5, No. 4

Quarterly Banking Profile

Table III-B. Estimated FDIC-Insured Deposits by Type of Institution

(dollar figures in millions) 

September 30, 2011

Number of 

Institutions

Total 

Assets

Domestic 

Deposits*

Est. Insured 

Deposits

Commercial Banks and Savings Institutions

FDIC-Insured Commercial Banks ����������������������������������������������� 6,352 $12,559,925 $7,582,210 $5,938,580

 FDIC-Supervised ������������������������������������������������������������������� 4,193 1,982,314 1,512,331 1,223,555

 OCC-Supervised�������������������������������������������������������������������� 1,333 8,726,560 4,925,783 3,812,667

 Federal Reserve-Supervised������������������������������������������������� 826 1,851,051 1,144,096 902,358

FDIC-Insured Savings Institutions ���������������������������������������������� 1,084 1,247,758 922,911 818,470

 OCC-Supervised Savings Institutions ����������������������������������� 636 923,258 678,013 602,752

 FDIC-Supervised Savings Institutions����������������������������������� 448 324,500 244,897 215,718

Total Commercial Banks and Savings Institutions ���������������������� 7,436 13,807,683 8,505,121 6,757,050

Other FDIC-Insured Institutions

U.S. Branches of Foreign Banks ������������������������������������������������� 9 35,457 21,407 20,2

Total FDIC-Insured Institutions���������������������������������������������������� . 7,445 13,843,141 8,526,528 6,777,3

* Excludes $1.5 trillion in foreign office deposits, which are uninsure

Table IV-B. Distribution of Institutions and Assessment Base by Assessment Rate Range

Quarter Ending June 30, 2011 (dollar figures in billions)

Annual Rate in Basis Points

Number of 

Institutions

Percent of Total 

Institutions

Amount of 

Assessment Base*

Percent of Total 

Assessment Base

2.50-5.00 1,077 14.32 $941 

5.01-7.50 2,075 27.59 1,165 

7.51-10.00 2,074 27.57 3,529 2

10.01-15.00 1,297 17.24 4,962 4

15.01-20.00 111 1.48 553 

 20.01-25.00 670 8.91 540 

 25.01-30.00 32 0.43 87 

 30.01-35.00 152 2.02 76 

greater than 35.00 34 0.45 38 0

* Beginning in the second quarter of 2011, the assessment base was changed to average consolidated total assets minus tangible equity, as 

required by the Dodd-Frank Act
FDIC Quarterly 18 2011, Volume 5, No. 4

All asset and liability figures used in calculating performance 

ratios represent average amounts for the period (beginning-ofperiod amount plus end-of-period amount plus any interim 

periods, divided by the total number of periods). For “poolingof-interest” mergers, the assets of the acquired institution(s) 

are included in average assets since the year-to-date income 

includes the results of all merged institutions. No adjustments 

are made for “purchase accounting” mergers. Growth rates 

represent the percentage change over a 12-month period in 

totals for institutions in the base period to totals for institutions in the current period.

All data are collected and presented based on the location of 

each reporting institution’s main office. Reported data may 

include assets and liabilities located outside of the reporting 

institution’s home state. In addition, institutions may relocate 

across state lines or change their charters, resulting in an 

inter-regional or inter-industry migration, e.g., institutions 

can move their home offices between regions, and savings 

institutions can convert to commercial banks or commercial 

banks may convert to savings institutions.

ACCOUNTING CHANGES

Goodwill Impairment Testing – In September 2011, the FASB 

issued Accounting Standards Update (ASU) No. 2011-08, 

“Testing Goodwill for Impairment,” to address concerns about 

the cost and complexity of the existing goodwill impairment 

test in ASC Topic 350, Intangibles-Goodwill and Other 

(formerly FASB Statement No. 142, “Goodwill and Other 

Intangible Assets”). The ASU’s amendments to ASC 

Topic 350 will be effective for annual and interim goodwill 

impairment tests performed for fiscal years beginning after 

December 15, 2011 (i.e., for annual or interim tests performed 

on or after January 1, 2012, for institutions with a calendar 

year fiscal year). Early adoption of the ASU is permitted. 

Under ASU 2011-08, an institution has the option of first 

assessing qualitative factors to determine whether it is necessary to perform the two-step quantitative goodwill impairment test described in ASC Topic 350. If, after considering 

all relevant events and circumstances, an institution determines it is unlikely (that is, a likelihood of 50 percent or less) 

that the fair value of a reporting unit is less than its carrying 

amount (including goodwill), then the institution does not 

need to perform the two-step goodwill impairment test. If the 

institution instead concludes that the opposite is true (that is, 

it is likely that the fair value of a reporting unit is less than its 

carrying amount), then it is required to perform the first step 

and, if necessary, the second step of the two-step goodwill 

impairment test. Under ASU 2011-08, an institution may 

choose to bypass the qualitative assessment for any reporting 

unit in any period and proceed directly to performing the first 

step of the two-step goodwill impairment test.

Extended Net Operating Loss Carryback Period – The Worker, 

Homeownership, and Business Assistance Act of 2009, which 

was enacted on November 6, 2009, permits banks and other 

businesses, excluding those banking organizations that 

received capital from the U.S. Treasury under the Troubled 

Asset Relief Program, to elect a net operating loss carryback 

period of three, four, or five years instead of the usual carryback period of two years for any one tax year ending after 

December 31, 2007, and beginning before January 1, 2010. 

For calendar-year banks, this extended carryback period 

applies to either the 2008 or 2009 tax year. The amount of 

Notes to Users

This publication contains financial data and other information for depository institutions insured by the Federal Deposit 

Insurance Corporation (FDIC). These notes are an integral 

part of this publication and provide information regarding 

the comparability of source data and reporting differences 

over time.

Tables I-A through VIII-A.

The information presented in Tables I-A through V-A of 

the FDIC Quarterly Banking Profile is aggregated for all FDICinsured institutions, both commercial banks and savings institutions. Tables VI-A (Derivatives) and VII-A (Servicing, 

Securitization, and Asset Sales Activities) aggregate information only for insured commercial banks and state-chartered 

savings banks that file quarterly Call Reports. Table VIII-A 

(Trust Services) aggregates Trust asset and income information collected annually from all FDIC-insured institutions. 

Some tables are arrayed by groups of FDIC-insured institutions based on predominant types of asset concentration, 

while other tables aggregate institutions by asset size and geographic region. Quarterly and full-year data are provided for 

selected indicators, including aggregate condition and income 

data, performance ratios, condition ratios, and structural 

changes, as well as past due, noncurrent, and charge-off information for loans outstanding and other assets.

Tables I-B through IV-B.

A separate set of tables (Tables I-B through IV-B) provides 

comparative quarterly data related to the Deposit Insurance 

Fund (DIF), problem institutions, failed/assisted institutions, 

estimated FDIC-insured deposits, as well as assessment rate 

information. Depository institutions that are not insured by 

the FDIC through the DIF are not included in the FDIC 

Quarterly Banking Profile. U.S. branches of institutions headquartered in foreign countries and non-deposit trust companies are not included unless otherwise indicated. Efforts are 

made to obtain financial reports for all active institutions. 

However, in some cases, final financial reports are not available for institutions that have closed or converted their 

charters.

DATA SOURCES

The financial information appearing in this publication is 

obtained primarily from the Federal Financial Institutions 

Examination Council (FFIEC) Consolidated Reports of 

Condition and Income (Call Reports) and the OTS Thrift 

Financial Reports submitted by all FDIC-insured depository 

institutions. This information is stored on and retrieved from 

the FDIC’s Research Information System (RIS) database.

COMPUTATION METHODOLOGY

Parent institutions are required to file consolidated reports, 

while their subsidiary financial institutions are still required 

to file separate reports. Data from subsidiary institution 

reports are included in the Quarterly Banking Profile tables, 

which can lead to double-counting. No adjustments are made 

for any double-counting of subsidiary data. Additionally, 

certain adjustments are made to the OTS Thrift Financial 

Reports to provide closer conformance with the reporting and 

accounting requirements of the FFIEC Call Reports.
FDIC Quarterly 19 2011, Volume 5, No. 4

Quarterly Banking Profile

Receivables – Overall (formerly FASB Statement No. 114, 

“Accounting by Creditors for Impairment of a Loan,” as 

amended), and the Call report Glossary entry for “Loan 

Impairment.”

Troubled Debt Restructurings and Accounting Standards Update No. 

2011-02 – In April 2011, the FASB issued Accounting 

Standards Update (ASU) No. 2011-02, “A Creditor’s 

Determination of Whether a Restructuring Is a Troubled 

Debt Restructuring,” to provide additional guidance to help 

creditors determine whether a concession has been granted to 

a borrower and whether a borrower is experiencing financial 

difficulties. The guidance is also intended to reduce diversity 

in practice in identifying and reporting TDRs. This ASU is 

effective for public companies for interim and annual periods 

beginning on or after June 15, 2011, and should be applied 

retrospectively to the beginning of the annual period of adoption for purposes of identifying TDRs. The measurement of 

impairment for any newly identified TDRs resulting from retrospective application will be applied prospectively in the first 

interim or annual period beginning on or after June 15, 2011. 

(For most public institutions, the ASU takes effect July 1, 

2011, but retrospective application begins as of January 1, 

2011.) Nonpublic companies should apply the new guidance 

for annual periods ending after December 15, 2012, including 

interim periods within those annual periods. (For most nonpublic institutions, the ASU will take effect January 1, 2012.) 

Early adoption of the ASU is permitted for both public and 

nonpublic entities. Nonpublic entities that adopt early are 

subject to a retrospective identification requirement. For 

additional information, institutions should refer to ASU 

2011-02, which is available at http://www.fasb.org/jsp/FASB/

Page/SectionPage&cid=1176156316498.

Accounting for Loan Participations – Amended ASC Topic 860 

(formerly FAS 166) modified the criteria that must be met in 

order for a transfer of a portion of a financial asset, such as a 

loan participation, to qualify for sale accounting. These 

changes apply to transfers of loan participations on or after 

the effective date of amended ASC Topic 860 (January 1, 

2010, for banks with calendar year fiscal year), including 

advances under lines of credit that are transferred on or after 

the effective date of amended ASC Topic 860 even if the line 

of credit agreements were entered into before this effective 

date. Therefore, banks with a calendar-year fiscal year must 

account for transfers of loan participations on or after January 

1, 2010, in accordance with amended ASC Topic 860. In 

general, loan participations transferred before the effective 

date of amended ASC Topic 860 are not affected by this new 

accounting standard.

Under amended ASC Topic 860, if a transfer of a portion of 

an entire financial asset meets the definition of a “participating interest,” then the transferor (normally the lead lender) 

must evaluate whether the transfer meets all of the conditions 

in this accounting standard to qualify for sale accounting.

Other-Than-Temporary Impairment – When the fair value of an 

investment in an individual available-for-sale or held-tomaturity security is less than its cost basis, the impairment is 

either temporary or other-than-temporary. The amount of the 

total other-than-temporary impairment related to credit loss 

must be recognized in earnings, but the amount of total 

impairment related to other factors must be recognized in 

other comprehensive income, net of applicable taxes. To 

the net operating loss that can be carried back to the fifth 

carryback year is limited to 50 percent of the available taxable income for that fifth year, but this limit does not apply to 

other carryback years.

Under generally accepted accounting principles, banks may 

not record the effects of this tax change in their balance 

sheets and income statements for financial and regulatory 

reporting purposes until the period in which the law was 

enacted, i.e., the fourth quarter of 2009. Therefore, banks 

should recognize the effects of this fourth quarter 2009 tax 

law change on their current and deferred tax assets and liabilities, including valuation allowances for deferred tax assets, in 

their Call Reports for December 31, 2009. Banks should not 

amend their Call Reports for prior quarters for the effects of 

the extended net operating loss carryback period.

The American Recovery and Reinvestment Act of 2009, 

which was enacted on February 17, 2009, permits qualifying 

small businesses, including FDIC-insured institutions, to elect 

a net operating loss carryback period of three, four, or five 

years instead of the usual carryback period of two years for 

any tax year ending in 2008 or, at the small business’s election, any tax year beginning in 2008. Under generally accepted accounting principles, institutions may not record the 

effect of this tax change in their balance sheets and income 

statements for financial and regulatory reporting purposes 

until the period in which the law was enacted, i.e., the first 

quarter of 2009.

Troubled Debt Restructurings and Current Market Interest Rates – 

Many institutions are restructuring or modifying the terms of 

loans to provide payment relief for those borrowers who have 

suffered deterioration in their financial condition. Such loan 

restructurings may include, but are not limited to, reductions 

in principal or accrued interest, reductions in interest rates, 

and extensions of the maturity date. Modifications may be 

executed at the original contractual interest rate on the loan, 

a current market interest rate, or a below-market interest rate. 

Many of these loan modifications meet the definition of a 

troubled debt restructuring (TDR).

The TDR accounting and reporting standards are set forth in 

ASC Subtopic 310-40, Receivables – Troubled Debt 

Restructurings by Creditors (formerly FASB Statement No. 

15, “Accounting by Debtors and Creditors for Troubled Debt 

Restructurings,” as amended). This guidance specifies that a 

restructuring of a debt constitutes a TDR if, at the date of 

restructuring, the creditor for economic or legal reasons related to a debtor’s financial difficulties grants a concession to 

the debtor that it would not otherwise consider.

In the Call Report, until a loan that is a TDR is paid in full 

or otherwise settled, sold, or charged off, it must be reported 

in the appropriate loan category, as well as identified as a performing TDR loan, if it is in compliance with its modified 

terms. If a TDR is not in compliance with its modified terms, 

it is reported as a past-due and nonaccrual loan in the appropriate loan category, as well as distinguished from other past 

due and nonaccrual loans. To be considered in compliance 

with its modified terms, a loan that is a TDR must not be in 

nonaccrual status and must be current or less than 30 days 

past due on its contractual principal and interest payments 

under the modified repayment terms. A loan restructured in a 

TDR is an impaired loan. Thus, all TDRs must be measured 

for impairment in accordance with ASC Subtopic 310-10, 
FDIC Quarterly 20 2011, Volume 5, No. 4

ASC Topic 715 (formerly FASB Statement No. 158 Employers’ 

Accounting for Defined Benefit Pension and Other Postretirement 

Plans) – issued in September 2006, requires a bank to recognize in 2007, and subsequently, the funded status of its postretirement plans on its balance sheet. An overfunded plan is 

recognized as an asset and an underfunded plan is recognized 

as a liability. An adjustment is made to equity as accumulated 

other comprehensive income (AOCI) upon application of 

FAS 158, and AOCI is adjusted in subsequent periods as net 

periodic benefit costs are recognized in earnings.

ASC Topic 860 (formerly FASB Statement No. 156 Accounting for 

Servicing of Financial Assets) – refer to previously published 

Quarterly Banking Profile notes: http://www2.fdic.gov/

qbp/2011mar/qbpnot.html.

ASC Topic 815 (formerly FASB Statement No. 155 Accounting for 

Certain Hybrid Financial Instruments) – refer to previously published Quarterly Banking Profile notes: http://www2.fdic.gov/

qbp/2011mar/qbpnot.html.

Purchased Impaired Loans and Debt Securities – ASC Topic 310 

(formerly Statement of Position 03-3, Accounting for Certain Loans 

or Debt Securities Acquired in a Transfer) – The SOP applies to 

loans and debt securities acquired in fiscal years beginning 

after December 15, 2004. In general, this Statement of 

Position applies to “purchased impaired loans and debt securities” (i.e., loans and debt securities that a bank has purchased, 

including those acquired in a purchase business combination, 

when it is probable, at the purchase date, that the bank will 

be unable to collect all contractually required payments 

receivable). Banks must follow Statement of Position 03-3 for 

Call Report purposes. The SOP does not apply to the loans 

that a bank has originated, prohibits “carrying over” or creation of valuation allowances in the initial accounting, and 

any subsequent valuation allowances reflect only those losses 

incurred by the investor after acquisition.

GNMA Buy-back Option – If an issuer of GNMA securities has 

the option to buy back the loans that collateralize the 

GNMA securities, when certain delinquency criteria are met, 

ASC Topic 860 (formerly FASB Statement No. 140) requires 

that loans with this buy-back option must be brought back on 

the issuer’s books as assets. The rebooking of GNMA loans is 

required regardless of whether the issuer intends to exercise 

the buy-back option. The banking agencies clarified in May 

2005 that all GNMA loans that are rebooked because of 

delinquency should be reported as past due according to their 

contractual terms.

ASC Topics 860 & 810 (formerly FASB Statements 166 & 167) – 

In June 2009, the FASB issued Statement No. 166, 

Accounting for Transfers of Financial Assets (FAS 166), and 

Statement No. 167, Amendments to FASB Interpretation 

No. 46(R) (FAS 167), which change the way entities account 

for securitizations and special purpose entities. FAS 166 

revised FASB Statement No. 140, Accounting for Transfers 

and Servicing of Financial Assets and Extinguishments of 

Liabilities, by eliminating the concept of a “qualifying specialpurpose entity,” creating the concept of a “participating interest,” changing the requirements for derecognizing financial 

assets, and requiring additional disclosures. FAS 167 revised 

FASB Interpretation No. 46(R), Consolidation of Variable 

Interest Entities, by changing how a bank or other company 

determines when an entity that is insufficiently capitalized or 

determine whether the impairment is other-than-temporary, 

an institution must apply the applicable accounting guidance 

– refer to previously published Quarterly Banking Profile notes: 

http://www2.fdic.gov/qbp/2011mar/qbpnot.html.

ASC Topic 805 (formerly Business Combinations and Noncontrolling 

(Minority) Interests) – In December 2007, the FASB issued 

Statement No. 141 (Revised), Business Combinations FAS 

141(R)), and Statement No. 160, Noncontrolling Interests in 

Consolidated Financial Statements (FAS 160). Under FAS 

141(R), all business combinations, including combinations of 

mutual entities, are to be accounted for by applying the acquisition method. FAS 160 defines a noncontrolling interest, 

also called a minority interest, as the portion of equity in an 

institution’s subsidiary not attributable, directly or indirectly, 

to the parent institution. FAS 160 requires an institution to 

clearly present in its consolidated financial statements the 

equity ownership in and results of its subsidiaries that are 

attributable to the noncontrolling ownership interests in 

these subsidiaries. FAS 141(R) applies prospectively to business combinations for which the acquisition date is on or 

after the beginning of the first annual reporting period beginning on or after December 15, 2008. Similarly, FAS 160 is 

effective for fiscal years beginning on or after December 15, 

2008. Thus, for institutions with calendar-year fiscal years, 

these two accounting standards take effect in 2009. Beginning 

in March 2009, Institution equity capital and Noncontrolling 

interests are separately reported in arriving at Total equity 

capital and Net income.

ASC Topic 820 (formerly FASB Statement No. 157 Fair Value 

Measurements issued in September 2006) and ASC Topic 825 

(formerly FASB Statement No. 159 The Fair Value Option for 

Financial Assets and Financial Liabilities) issued in February 2007 – 

both are effective in 2008 with early adoption permitted in 

2007. FAS 157 defines fair value and establishes a framework 

for developing fair value estimates for the fair value measurements that are already required or permitted under other standards. FASB FSP 157-4, issued in April 2009, provides 

additional guidance for estimating fair value in accordance 

with FAS 157 when the volume and level of activity for the 

asset or liability have significantly decreased. The FSP also 

includes guidance on identifying circumstances that indicate 

a transaction is not orderly. The FSP is effective for interim 

and annual reporting periods ending after June 15, 2009, 

with early adoption permitted for periods ending after 

March 15, 2009.

Fair value continues to be used for derivatives, trading securities, and available-for-sale securities. Changes in fair value go 

through earnings for trading securities and most derivatives. 

Changes in the fair value of available-for-sale securities are 

reported in other comprehensive income. Available-for-sale 

securities and held-to-maturity debt securities are written 

down to fair value if impairment is other than temporary and 

loans held for sale are reported at the lower of cost or fair 

value.

FAS 159 allows institutions to report certain financial assets 

and liabilities at fair value with subsequent changes in fair 

value included in earnings. In general, an institution may 

elect the fair value option for an eligible financial asset or liability when it first recognizes the instrument on its balance 

sheet or enters into an eligible firm commitment.
FDIC Quarterly 21 2011, Volume 5, No. 4

Quarterly Banking Profile

DEFINITIONS (in alphabetical order)

All other assets – total cash, balances due from depository 

institutions, premises, fixed assets, direct investments in real 

estate, investment in unconsolidated subsidiaries, customers’ 

liability on acceptances outstanding, assets held in trading 

accounts, federal funds sold, securities purchased with agreements to resell, fair market value of derivatives, prepaid 

deposit insurance assessments, and other assets.

All other liabilities – bank’s liability on acceptances, limited-life 

preferred stock, allowance for estimated off-balance-sheet credit losses, fair market value of derivatives, and other liabilities.

Assessment base – effective April 1, 2011, the deposit insurance assessment base has changed to “average consolidated 

total assets minus average tangible equity” with an additional 

adjustment to the assessment base for banker’s banks and custodial banks, as permitted under Dodd-Frank. Previously the 

assessment base was “assessable deposits” and consisted of DIF 

deposits (deposits insured by the FDIC Deposit Insurance 

Fund) in banks’ domestic offices with certain adjustments.

Assets securitized and sold – total outstanding principal balance 

of assets securitized and sold with servicing retained or other 

seller- provided credit enhancements.

Capital Purchase Program (CPP) – As announced in October 

2008 under the TARP, the Treasury Department purchase of 

noncumulative perpetual preferred stock and related warrants 

that is treated as Tier 1 capital for regulatory capital purposes 

is included in “Total equity capital.” Such warrants to purchase common stock or noncumulative preferred stock issued 

by publicly-traded banks are reflected as well in “Surplus.” 

Warrants to purchase common stock or noncumulative preferred stock of not-publicly-traded bank stock classified in a 

bank’s balance sheet as “Other liabilities.”

Construction and development loans – includes loans for all property types under construction, as well as loans for land acquisition and development.

Core capital – common equity capital plus noncumulative perpetual preferred stock plus minority interest in consolidated 

subsidiaries, less goodwill and other ineligible intangible 

assets. The amount of eligible intangibles (including servicing 

rights) included in core capital is limited in accordance with 

supervisory capital regulations.

Cost of funding earning assets – total interest expense paid on 

deposits and other borrowed money as a percentage of average 

earning assets.

Credit enhancements – techniques whereby a company attempts 

to reduce the credit risk of its obligations. Credit enhancement may be provided by a third party (external credit 

enhancement) or by the originator (internal credit enhancement), and more than one type of enhancement may be associated with a given issuance.

Deposit Insurance Fund (DIF) – the Bank (BIF) and Savings 

Association (SAIF) Insurance Funds were merged in 2006 by 

the Federal Deposit Insurance Reform Act to form the DIF.

Derivatives notional amount – the notional, or contractual, 

amounts of derivatives represent the level of involvement in 

the types of derivatives transactions and are not a quantification of market risk or credit risk. Notional amounts represent 

the amounts used to calculate contractual cash flows to be 

exchanged.

is not controlled through voting or similar rights, i.e., a “variable interest entity” (VIE), should be consolidated. Under 

FAS 167, a bank must perform a qualitative assessment to 

determine whether its variable interest or interests give it a 

controlling financial interest in a VIE. If a bank’s variable 

interest or interests provide it with the power to direct the 

most significant activities of the VIE, and the right to receive 

benefits or the obligation to absorb losses that could potentially be significant to the VIE, the bank is the primary beneficiary of, and therefore must consolidate, the VIE.

Both FAS 166 and FAS 167 take effect as of the beginning of 

each bank’s first annual reporting period that begins after 

November 15, 2009, for interim periods therein, and for interim and annual reporting periods thereafter (i.e., as of January 

1, 2010, for banks with a calendar year fiscal year). Earlier 

application is prohibited. Banks are expected to adopt FAS 

166 and FAS 167 for Call Report purposes in accordance with 

the effective date of these two standards. Also, FAS 166 has 

modified the criteria that must be met in order for a transfer of 

a portion of a financial asset, such as a loan participation, to 

qualify for sale accounting. These changes apply to transfers of 

loan participations on or after the effective date of FAS 166. 

Therefore, banks with a calendar year fiscal year must account 

for transfers of loan participations on or after January 1, 2010, 

in accordance with FAS 166. In general, loan participations 

transferred before the effective date of FAS 166 (January 1, 

2010, for calendar year banks) are not affected by this new 

accounting standard and pre-FAS 166 participations that were 

properly accounted for as sales under FASB Statement No. 

140 will continue to be reported as having been sold.

ASC Topic 740 (formerly FASB Interpretation No. 48 on Uncertain 

Tax Positions) – refer to previously published Quarterly Banking 

Profile notes: http://www2.fdic.gov/qbp/2011mar/qbpnot.html.

ASC Topic 718 (formerly FASB Statement No. 123 (Revised 2004) 

and Share-Based Payments – refer to previously published 

Quarterly Banking Profile notes: http://www2.fdic.gov/

qbp/2008dec/qbpnot.html.

ASC Topic 815 (formerly FASB Statement No. 133 Accounting for 

Derivative Instruments and Hedging Activities) – refer to previously published Quarterly Banking Profile notes: http://www2.

fdic.gov/qbp/2008dec/qbpnot.html.

Accounting Standards Codification – In June 2009, the FASB 

issued Statement No. 168, The FASB Accounting Standards 

CodificationTM and the Hierarchy of Generally Accepted 

Accounting Principles (FAS 168), to establish the FASB 

Codification as the single source of authoritative nongovernmental U.S. generally accepted accounting principles (U.S. 

GAAP). The FASB Codification reorganizes existing U.S. 

accounting and reporting standards issued by the FASB and 

other related private-sector standard setters, and all guidance 

contained in the FASB Codification carries an equal level of 

authority. All previously existing accounting standards documents are superseded as described in FAS 168. All other 

accounting literature not included in the FASB Codification 

is nonauthoritative. The FASB Codification can be accessed 

at http://asc.fasb.org/.

The FASB Codification is effective for interim and annual 

periods ending after September 15, 2009.

This an FFIEC reference guide at http://www.ffiec.gov/pdf/

ffiec_forms/CodificationIntroduction_201006.pdf.
FDIC Quarterly 22 2011, Volume 5, No. 4

bearing transaction accounts are fully insured, without limit, 

from December 31, 2010, through December 31, 2012.

Failed/assisted institutions – an institution fails when regulators 

take control of the institution, placing the assets and liabilities into a bridge bank, conservatorship, receivership, or 

another healthy institution. This action may require the 

FDIC to provide funds to cover losses. An institution is 

defined as “assisted” when the institution remains open and 

receives assistance in order to continue operating.

Fair Value – the valuation of various assets and liabilities on 

the balance sheet—including trading assets and liabilities, 

available-for-sale securities, loans held for sale, assets and 

liabilities accounted for under the fair value option, and foreclosed assets—involves the use of fair values. During periods 

of market stress, the fair values of some financial instruments 

and nonfinancial assets may decline.

FHLB advances – all borrowings by FDIC insured institutions 

from the Federal Home Loan Bank System (FHLB), as 

reported by Call Report filers and by TFR filers.

Goodwill and other intangibles – intangible assets include 

servicing rights, purchased credit card relationships, and other 

identifiable intangible assets. Goodwill is the excess of the 

purchase price over the fair market value of the net assets 

acquired, less subsequent impairment adjustments. Other 

intangible assets are recorded at fair value, less subsequent 

quarterly amortization and impairment adjustments.

Loans secured by real estate – includes home equity loans, 

junior liens secured by 1-4 family residential properties, and 

all other loans secured by real estate.

Loans to individuals – includes outstanding credit card balances 

and other secured and unsecured consumer loans.

Long-term assets (5+ years) – loans and debt securities with 

remaining maturities or repricing intervals of over five years.

Maximum credit exposure – the maximum contractual credit 

exposure remaining under recourse arrangements and other 

seller-provided credit enhancements provided by the reporting bank to securitizations.

Mortgage-backed securities – certificates of participation in 

pools of residential mortgages and collateralized mortgage 

obligations issued or guaranteed by government-sponsored or 

private enterprises. Also, see “Securities,” below.

Net charge-offs – total loans and leases charged off (removed 

from balance sheet because of uncollectibility), less amounts 

recovered on loans and leases previously charged off.

Net interest margin – the difference between interest and dividends earned on interest-bearing assets and interest paid to 

depositors and other creditors, expressed as a percentage of 

average earning assets. No adjustments are made for interest 

income that is tax exempt.

Net loans to total assets – loans and lease financing receivables, net of unearned income, allowance and reserves, as a 

percent of total assets on a consolidated basis.

Net operating income – income excluding discretionary transactions such as gains (or losses) on the sale of investment securities and extraordinary items. Income taxes subtracted from 

operating income have been adjusted to exclude the portion 

applicable to securities gains (or losses).

Derivatives credit equivalent amount – the fair value of the 

derivative plus an additional amount for potential future credit exposure based on the notional amount, the remaining 

maturity and type of the contract.

Derivatives transaction types:

Futures and forward contracts – contracts in which the buyer 

agrees to purchase and the seller agrees to sell, at a specified future date, a specific quantity of an underlying variable or index at a specified price or yield. These contracts 

exist for a variety of variables or indices, (traditional agricultural or physical commodities, as well as currencies and 

interest rates). Futures contracts are standardized and are 

traded on organized exchanges which set limits on counterparty credit exposure. Forward contracts do not have 

standardized terms and are traded over the counter.

Option contracts – contracts in which the buyer acquires the 

right to buy from or sell to another party some specified 

amount of an underlying variable or index at a stated price 

(strike price) during a period or on a specified future date, 

in return for compensation (such as a fee or premium). 

The seller is obligated to purchase or sell the variable or 

index at the discretion of the buyer of the contract.

Swaps – obligations between two parties to exchange a 

series of cash flows at periodic intervals (settlement dates), 

for a specified period. The cash flows of a swap are either 

fixed, or determined for each settlement date by multiplying the quantity (notional principal) of the underlying 

variable or index by specified reference rates or prices. 

Except for currency swaps, the notional principal is used 

to calculate each payment but is not exchanged.

Derivatives underlying risk exposure – the potential exposure 

characterized by the level of banks’ concentration in particular underlying instruments, in general. Exposure can result 

from market risk, credit risk, and operational risk, as well as, 

interest rate risk.

Domestic deposits to total assets – total domestic office deposits 

as a percent of total assets on a consolidated basis.

Earning assets – all loans and other investments that earn 

interest or dividend income.

Efficiency ratio – Noninterest expense less amortization of 

intangible assets as a percent of net interest income plus noninterest income. This ratio measures the proportion of net 

operating revenues that are absorbed by overhead expenses, 

so that a lower value indicates greater efficiency.

Estimated insured deposits – in general, insured deposits are 

total domestic deposits minus estimated uninsured deposits. 

Beginning March 31, 2008, for institutions that file Call 

Reports, insured deposits are total assessable deposits minus 

estimated uninsured deposits. Beginning September 30, 2009, 

insured deposits include deposits in accounts of $100,000 to 

$250,000 that are covered by a temporary increase in the 

FDIC’s standard maximum deposit insurance amount 

(SMDIA). The Dodd-Frank Wall Street Reform and 

Consumer Protection Act enacted on July 21, 2010, made 

permanent the standard maximum deposit insurance amount 

(SMDIA) of $250,000. Also, the Dodd-Frank Act amends 

the Federal Deposit Insurance Act to include noninterestbearing transaction accounts as a new temporary deposit 

insurance account category. All funds held in noninterest-
FDIC Quarterly 23 2011, Volume 5, No. 4

Quarterly Banking Profile

Risk-based capital groups – definition:

(Percent)

Total 

Risk-Based 

Capital*

Tier 1

Risk-Based 

Capital*

Tier 1 

Leverage

Tangible

Equity

Well-capitalized ≥10 and ≥6 and ≥5 –

Adequately 

capitalized ≥8 and ≥4 and ≥4 –

Undercapitalized ≥6 and ≥3 and ≥3 –

Significantly 

undercapitalized <6 or <3 or <3 and >2

Critically 

undercapitalized – – – ≤2

* As a percentage of risk-weighted assets.

Risk Categories and Assessment Rate Schedule – The current risk 

categories became effective January 1, 2007. Capital ratios 

and supervisory ratings distinguish one risk category from 

another. Effective April 1, 2011, risk categories for large institutions (generally those with at least $10 billion in assets) are 

eliminated. The following table shows the relationship of risk 

categories (I, II, III, IV) for small institutions to capital and 

supervisory groups as well as the initial base assessment rates 

(in basis points) for each risk category. Supervisory Group A 

generally includes institutions with CAMELS composite ratings of 1 or 2; Supervisory Group B generally includes institutions with a CAMELS composite rating of 3; and Supervisory 

Group C generally includes institutions with CAMELS composite ratings of 4 or 5. For purposes of risk-based assessment 

capital groups, undercapitalized includes institutions that are 

significantly or critically undercapitalized.

Capital Category

Supervisory Group

A B C

1. Well Capitalized I

5–9 bps II

14 bps

III

23 bps 2. Adequately Capitalized II

14 bps

3. Undercapitalized III

23 bps

IV

35 bps

Effective April 1, 2011, the initial base assessment rates are 5 

to 35 basis points. An institution’s total assessment rate may 

be less than or greater than its initial base assessment rate as a 

result of additional risk adjustments.

The base assessment rates for small institutions in Risk 

Category I are based on a combination of financial ratios and 

CAMELS component ratings (the financial ratios method).

As required by Dodd-Frank, the calculation of risk-based 

assessment rates for large institutions no longer relies on longterm debt issuer ratings. Rates for large institutions are based 

on CAMELS ratings and certain forward-looking financial 

measures combined into two scorecards—one for most large 

institutions and another for the remaining very large institutions that are structurally and operationally complex or that 

pose unique challenges and risks in case of failure (highly 

complex institutions). In general, a highly complex institution is an institution (other than a credit card bank) with 

more than $500 billion in total assets that is controlled by a 

parent or intermediate parent company with more than $500 

billion in total assets or a processing bank or trust company 

with total fiduciary assets of $500 billion or more. The FDIC 

retains its ability to take additional information into account 

Noncurrent assets – the sum of loans, leases, debt securities, 

and other assets that are 90 days or more past due, or in nonaccrual status.

Noncurrent loans & leases – the sum of loans and leases 90 days 

or more past due, and loans and leases in nonaccrual status.

Number of institutions reporting – the number of institutions 

that actually filed a financial report.

New charters – insured institutions filing quarterly financial 

reports for the first time.

Other borrowed funds – federal funds purchased, securities sold 

with agreements to repurchase, demand notes issued to the 

U.S. Treasury, FHLB advances, other borrowed money, mortgage indebtedness, obligations under capitalized leases and 

trading liabilities, less revaluation losses on assets held in 

trading accounts.

Other real estate owned – primarily foreclosed property. Direct 

and indirect investments in real estate ventures are excluded. 

The amount is reflected net of valuation allowances. For 

institutions that file a Thrift Financial Report (TFR), the valuation allowance subtracted also includes allowances for other 

repossessed assets. Also, for TFR filers the components of 

other real estate owned are reported gross of valuation 

allowances.

Percent of institutions with earnings gains – the percent of institutions that increased their net income (or decreased their 

losses) compared to the same period a year earlier.

“Problem” institutions – federal regulators assign a composite 

rating to each financial institution, based upon an evaluation 

of financial and operational criteria. The rating is based on a 

scale of 1 to 5 in ascending order of supervisory concern. 

“Problem” institutions are those institutions with financial, 

operational, or managerial weaknesses that threaten their 

continued financial viability. Depending upon the degree of 

risk and supervisory concern, they are rated either a “4” or 

“5.” The number and assets of “problem” institutions are 

based on FDIC composite ratings. Prior to March 31, 2008, 

for institutions whose primary federal regulator was the OTS, 

the OTS composite rating was used.

Recourse – an arrangement in which a bank retains, in form or 

in substance, any credit risk directly or indirectly associated 

with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the 

bank’s claim on the asset. If a bank has no claim on an asset 

it has sold, then the retention of any credit risk is recourse.

Reserves for losses – the allowance for loan and lease losses on 

a consolidated basis.

Restructured loans and leases – loan and lease financing receivables with terms restructured from the original contract. 

Excludes restructured loans and leases that are not in compliance with the modified terms.

Retained earnings – net income less cash dividends on common and preferred stock for the reporting period.

Return on assets – bank net income (including gains or losses 

on securities and extraordinary items) as a percentage of average total (consolidated) assets. The basic yardstick of bank 

profitability.

Return on equity – bank net income (including gains or losses 

on securities and extraordinary items) as a percentage of average total equity capital.
FDIC Quarterly 24 2011, Volume 5, No. 4

Prepaid Deposit Insurance Assessments – In November 2009, the 

FDIC Board of Directors adopted a final rule requiring insured 

depository institutions (except those that are exempted) to 

prepay their quarterly risk-based deposit insurance assessments 

for the fourth quarter of 2009, and for all of 2010, 2011, and 

2012, on December 30, 2009. Each institution’s regular riskbased deposit insurance assessment for the third quarter of 

2009, which is paid in arrears, also was payable on December 

30, 2009. For regulatory capital purposes, an institution may 

assign a zero-percent risk weight to the amount of its prepaid 

deposit assessment asset.

Risk-weighted assets – assets adjusted for risk-based capital 

definitions which include on-balance-sheet as well as off-balance-sheet items multiplied by risk-weights that range from 

zero to 200 percent. A conversion factor is used to assign a 

balance sheet equivalent amount for selected off-balancesheet accounts.

Securities – excludes securities held in trading accounts. 

Banks’ securities portfolios consist of securities designated as 

“held-to-maturity,” which are reported at amortized cost 

(book value), and securities designated as “available-for-sale,” 

reported at fair (market) value.

Securities gains (losses) – realized gains (losses) on held-tomaturity and available-for-sale securities, before adjustments 

for income taxes. Thrift Financial Report (TFR) filers also 

include gains (losses) on the sales of assets held for sale.

Seller’s interest in institution’s own securitizations – the reporting 

bank’s ownership interest in loans and other assets that have 

been securitized, except an interest that is a form of recourse 

or other seller-provided credit enhancement. Seller’s interests 

differ from the securities issued to investors by the securitization structure. The principal amount of a seller’s interest is 

generally equal to the total principal amount of the pool of 

assets included in the securitization structure less the principal amount of those assets attributable to investors, i.e., in the 

form of securities issued to investors.

Small Business Lending Fund – The Small Business Lending 

Fund (SBLF), which was enacted into law in September 2010 

as part of the Small Business Jobs Act of 2010, is a $30 billion 

fund that encourages lending to small businesses by providing 

capital to qualified community institutions with assets of less 

than $10 billion. The U.S. Treasury Department is administering the SBLF Program (http://www.treasury.gov/resourcecenter/sb-programs/Pages/Small-Business-Lending-Fund.aspx).

Under the SBLF Program, the Treasury Department purchases noncumulative perpetual preferred stock from qualifying 

depository institutions and holding companies (other than 

Subchapter S and mutual institutions). When this stock is 

issued by a depository institution, it is reported as “Perpetual 

preferred stock and related surplus.” For regulatory capital 

purposes, this noncumulative perpetual preferred stock qualifies as a component of Tier 1 capital. Qualifying Subchapter 

S corporations and mutual institutions issue unsecured subordinated debentures to the Treasury Department through the 

SBLF. Depository institutions that issue these report them as 

“Subordinated notes and debentures.” For regulatory capital 

purposes, the debentures are eligible for inclusion in an institution’s Tier 2 capital in accordance with their primary federal regulator’s capital standards.

to make a limited adjustment to an institution’s total score 

(the large bank adjustment), which will be used to determine 

an institution’s initial base assessment rate.

Effective April 1, 2011, the three possible adjustments to an 

institution’s initial base assessment rate are as follows: (1) 

Unsecured Debt Adjustment: An institution’s rate may 

decrease by up to 5 basis points for unsecured debt. The unsecured debt adjustment cannot exceed the lesser of 5 basis 

points or 50 percent of an institution’s initial base assessment 

rate (IBAR). Thus, for example, an institution with an IBAR 

of 5 basis points would have a maximum unsecured debt 

adjustment of 2.5 basis points and could not have a total base 

assessment rate lower than 2.5 basis points. (2) Depository 

Institution Debt Adjustment: For institutions that hold longterm unsecured debt issued by another insured depository 

institution, a 50 basis point charge is applied to the amount 

of such debt held in excess of 3 percent of an institution’s 

Tier 1 capital. (3) Brokered Deposit Adjustment: Rates for 

small institutions that are not in Risk Category I and for large 

institutions that are not well capitalized or do not have a 

composite CAMELS rating of 1 or 2 may increase (not to 

exceed 10 basis points) if their brokered deposits exceed 10 

percent of domestic deposits. After applying all possible 

adjustments (excluding the Depository Institution Debt 

Adjustment), minimum and maximum total base assessment 

rates for each risk category are as follows:

Total Base Assessment Rates*

Risk 

Category 

I

Risk 

Category 

II

Risk 

Category 

III

Risk 

Category 

IV

Large and 

Highly 

Complex 

Institutions

Initial base 

assessment rate 5–9 14 23 35 5–35

Unsecured debt 

adjustment -4.5–0 -5–0 -5–0 -5–0 -5–0

Brokered deposit 

adjustment — 0–10 0–10 0–10 0–10

Total Base 

Assessment rate 2.5–9 9–24 18–33 30–45 2.5–45

* All amounts for all categories are in basis points annually. Total base rates that are 

not the minimum or maximum rate will vary between these rates. Total base assessment rates do not include the depository institution debt adjustment.

Beginning in 2007, each institution is assigned a risk-based 

rate for a quarterly assessment period near the end of the 

quarter following the assessment period. Payment is generally 

due on the 30th day of the last month of the quarter following the assessment period. Supervisory rating changes are 

effective for assessment purposes as of the examination transmittal date.

Special Assessment – On May 22, 2009, the FDIC board 

approved a final rule that imposed a 5 basis point special 

assessment as of June 30, 2009. The special assessment was 

levied on each insured depository institution’s assets minus its 

Tier 1 capital as reported in its report of condition as of June 

30, 2009. The special assessment was collected September 30, 

2009, at the same time that the risk-based assessment for the 

second quarter of 2009 was collected. The special assessment 

for any institution was capped at 10 basis points of the institution’s assessment base for the second quarter of 2009 riskbased assessment.
FDIC Quarterly 25 2011, Volume 5, No. 4

Quarterly Banking Profile

Unearned income & contra accounts – unearned income for Call 

Report filers only.

Unused loan commitments – includes credit card lines, home 

equity lines, commitments to make loans for construction, 

loans secured by commercial real estate, and unused commitments to originate or purchase loans. (Excluded are commitments after June 2003 for originated mortgage loans held for 

sale, which are accounted for as derivatives on the balance 

sheet.)

Yield on earning assets – total interest, dividend, and fee 

income earned on loans and investments as a percentage of 

average earning assets.

Subchapter S corporation – a Subchapter S corporation is treated as a pass-through entity, similar to a partnership, for federal income tax purposes. It is generally not subject to any 

federal income taxes at the corporate level. This can have the 

effect of reducing institutions’ reported taxes and increasing 

their after-tax earnings.

Trust assets – market value, or other reasonably available 

value of fiduciary and related assets, to include marketable 

securities, and other financial and physical assets. Common 

physical assets held in fiduciary accounts include real estate, 

equipment, collectibles, and household goods. Such fiduciary 

assets are not included in the assets of the financial 

institution.
FDIC Quarterly 26 2011, Volume 5, No. 4

(see Chart 1) and higher than the five-year compound 

annual growth rate for total deposits of 5.1 percent.3

The number of offices per million people fell 0.7 

percent to 314 for the year ending June 30, 2011, the 

lowest level for this ratio since 2005 (see Chart 2). 

3

 The compound annual growth rate is a methodology for smoothing 

annual growth over time. It can sometimes be a better indication of a 

trend than a single year’s growth, which may have been atypical. The 

compound annual growth rate is the nth root of the percentage 

change, where n is the number of years in the period. 

Each year as of June 30, the Federal Deposit Insurance 

Corporation (FDIC) collects deposit data for branches 

and offices of all FDIC-insured institutions. The resulting Summary of Deposits (SOD) is a valuable resource 

for analyzing deposit gathering and branching trends, 

as well as domestic deposit market share.1 The SOD 

data are available on the FDIC’s Web site at http://

www2.fdic.gov/sod/index.asp. This summary highlights 

some key findings from the 2011 SOD, focusing on 

national trends in domestic deposits and banking 

offices, and presents information by state and metropolitan area and for selected institutions.

The Number of Offices Continued to Contract 

While Deposit Growth Accelerated

The number of offices operated by FDIC-insured institutions fell a modest 0.3 percent to 97,678 for the year 

ending June 30, 2011, a decline of 274 offices. This is 

the second consecutive yearly decline in offices, following a 1 percent (991-office) decrease in 2010. 

Contraction in the number of offices reflects the 

continuing decline in the number of FDIC-insured 

institutions. The number of FDIC-insured institutions 

declined by 317 during the year ending June 30, 2011, 

compared with declines of 365 and 256 in the previous 

two years, respectively. 

Despite a contraction in offices, FDIC-insured institutions reported strong deposit growth in 2011.2

 Total 

deposit volume increased 7.5 percent in 2011, well 

above the 1.7 percent growth rate reported in 2010 

1

 This analysis reflects updates in SOD data through October 4, 2011. 

All FDIC-insured institutions that operate branch offices beyond their 

headquarters must submit responses to SOD surveys to the FDIC. 

Institutions that previously filed the Branch Office Survey administered 

by the Office of Thrift Supervision (OTS) are now required to file the 

SOD as of June 2011. Automated teller machines are not considered 

offices for the purposes of the survey. Call Report information on 

banks with a single headquarters office has been combined with 

branch office data to form the SOD database.

2

 The SOD covers offices in the 50 states and the District of Columbia 

but not those in U.S. territories. The SOD data include domestic 

deposits only, referred to in this report as “deposits.” 

Feature Article:

Highlights from the 2011 Summary of Deposits

Chart 1

Number of Offices Domestic Deposits (Trillions of Dollars)

Source: FDIC Summary of Deposits and OTS Branch Office Survey.

The Number of Ofces of FDIC-Insured Institutions

Decreased While Deposit Growth Increased

60,000

65,000

70,000

75,000

80,000

85,000

90,000

95,000

100,000

105,000

110,000

1994 1997 2000 2003 2006 2009

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

9.0

Number of Offices

Domestic Deposits

2011

Chart 2

Offices Per Million People

Domestic Deposits Per Office

(Millions of Dollars)

Sources: FDIC Summary of Deposits and OTS Branch Office Survey. 

Population data from the U.S. Census Bureau via Haver Analytics.

Deposits Per Ofce Increased While Ofces Per Million

People Decreased

250

260

270

280

290

300

310

320

330

1994 1997 2000 2003 2006 2009

0

10

20

30

40

50

60

70

80

90

100

Offices per million people

Domestic deposits per office

2011
FDIC Quarterly 27 2011, Volume 5, No. 4

Summary of Deposits

reported the highest five-year compound annual 

growth rate in the number of offices, while “other” 

areas reported the only negative five-year compound 

annual growth rate in the number of offices of any 

geographic area. 

Number of Traditional Brick-and-Mortar Commercial 

Bank Branches Held Steady

Traditional brick-and-mortar offices represented 90 

percent of all commercial banking offices in 2011, a 

share unchanged from the previous year. The SOD 

survey covers all banking offices, including retail (e.g., 

offices in supermarkets or other stores), drive-through 

offices, and “other” office types. The “other” category, 

which primarily represents mobile or seasonal offices 

and those that provide back-office support for Internet 

deposit operations, was less than 1 percent of all offices, 

but was the fastest-growing office type for the third 

consecutive year. Retail offices grew 3.3 percent after 

declining 1.5 percent in 2010. Drive-through facilities 

were the only commercial office type to show a oneyear decline and the only commercial bank office category to show a negative five-year compound annual 

growth rate (see Table 2).

Large Institutions Reported the Strongest 

Deposit Growth

Large institutions (those with more than $10 billion in 

total deposits) continued to report the largest share of 

banking offices and deposits among FDIC-insured institutions. In addition, large institutions reported much 

higher deposit growth than small (those with less than 

$1 billion in total deposits) or midsize (those with 

between $1 billion and $10 billion in total deposits) 

However, due to overall growth in deposits, total deposits per office grew 7.8 percent to $84 million in 2011, 

which was the highest year-over-year growth rate since 

2003 and well above the five-year compound annual 

growth rate of 4.3 percent.

Metropolitan Areas Report Strong Deposit Growth

Deposits and offices continue to be concentrated in 

metropolitan areas. As of June 30, 2011, about 78 

percent of deposit-taking offices and 90 percent of 

deposits were held by insured institutions in metropolitan areas, compared with 77 percent of deposit-taking 

offices and 89 percent of deposits in the prior year. All 

types of geographic areas reported deposit growth and 

office contraction from 2010 to 2011. Deposit growth 

was centered in metropolitan areas, while office 

contraction was more pronounced in micropolitan and 

“other” areas (see Table 1).4

Deposits held within metropolitan areas grew 8.3 

percent in 2011, a rate significantly higher than in 

micropolitan and “other” areas. Deposit growth in 

metropolitan areas was also much higher than the 

five-year compound annual growth rate, while deposit 

growth in micropolitan and “other” areas was well 

below their five-year compound annual growth rates. 

The number of offices in metropolitan areas fell 0.2 

percent from 2010 to 2011, compared with declines of 

0.7 percent and 0.6 percent for micropolitan and 

“other” areas, respectively. Metropolitan areas 

4

 Metropolitan statistical areas have urban clusters of greater than 

50,000 inhabitants. Micropolitan statistical areas have urban clusters 

of between 10,000 and 50,000 inhabitants. “Other” areas have populations of 10,000 or fewer inhabitants.

Table 1

Metropolitan Areas Experienced the Highest Deposit Growth and Slowest Rate of Office Decline

Metropolitan Areas Micropolitan Areas Other Areas 

Number 

of Offices

Domestic 

Deposits 

($ billions)

Number 

of Offices

Domestic 

Deposits 

($ billions)

Number 

of Offices

Domestic 

Deposits 

($ billions)

June 2011 75,204 $7,358 12,061 $510 9,682 $327

June 2010 75,362 6,794 12,145 506 9,740 321

June 2006 71,510 5,663 11,941 443 9,757 281

1-Year Growth Rate -0.2% 8.3% -0.7% 0.7% -0.6% 1.9%

5-Year Compound Growth Rate 1.0% 5.4% 0.2% 2.9% -0.2% 3.1%

Source: FDIC Summary of Deposits and OTS Branch Office Survey. 

Note: Includes deposit-taking offices only. Metropolitan statistical areas have urban clusters of greater than 50,000 inhabitants. Micropolitan statistical areas have urban clusters of between 

10,000 and 50,000 inhabitants. “Other” areas have populations of 10,000 or fewer inhabitants. See U.S. Census Bureau definitions for greater detail.
FDIC Quarterly 28 2011, Volume 5, No. 4

tions in the year ending June 30, 2011, 179 were small, 

17 were midsize, and two were large. Of the 119 that 

failed in the same period, 114 were small and five were 

midsize. 

The same factors that affect deposits can affect office 

growth as well, although local market conditions and 

competitive issues also play a role. Local factors could 

explain why small institutions was the only category 

that experienced a slight increase in offices (23 offices, 

or a growth rate of 0.1 percent) for the past year, 

despite the decline in deposits for these institutions.

The Number of Banking Organizations Operating in 

15 or More States Was Unchanged

The number of banking organizations operating in at 

least 15 states remained unchanged from the previous 

year at 15 institutions (see Table 4). As of June 30, 

institutions in the year ending June 30, 2011. Large 

institutions reported deposit growth of 11.5 percent 

over the past year, midsize institutions reported growth 

of 1.6 percent, and small institutions reported a decline 

of 2.8 percent. The one-year growth rate of deposits at 

large institutions was considerably higher than the fiveyear compound annual growth rate, while deposit 

growth at midsize institutions was below the five-year 

compound annual growth rate (see Table 3).

Deposit growth is affected by a number of factors, 

including prevailing macroeconomic conditions and 

normal organic growth of individual institutions, as 

well as longer-term trends such as mergers and acquisition activity and institution failures. As in previous 

years, most institutions that have failed or been 

acquired have been small and midsize institutions, 

depressing growth for these categories. For example, of 

the 198 institutions acquired through merger transacTable 2

“Other” Banking Offices Increased at the Fastest Rate for the Second Year

Brick and Mortar 

Offices Retail Offices

Drive-Through 

Facilities

“Other” Office 

Types Total

June 2011 77,997 5,433 2,473 805 86,708

June 2010 77,996 5,258 2,479 762 86,495

June 2006 71,120 4,627 2,600 617 78,964

1-Year Growth Rate 0.0% 3.3% -0.2% 5.6% 0.2%

5-Year Compound Growth Rate 1.9% 3.3% -1.0% 5.5% 1.9%

Source: FDIC Summary of Deposits.

Note: Includes only deposit-taking offices of commercial banks and thrifts that file Call Reports. Excludes U.S. branches of foreign institutions. For the first time, 2011 SOD data now show 

similar office breakdowns for thrifts, so comparisons of trends in thrift office types prior to 2011 are not available. Of the 10,229 thrift banking offices reported in 2011, 9,533 were brick and 

mortar offices, 517 were retail offices, 92 were drive-through facilities and 87 were “other” office types.

Table 3

Large Institutions Reported Strong Deposit Growth This Year in Contrast to Other Institutions

Large Institutions Midsized Institutions Small Institutions

Number of 

Institutions

Number of 

Offices

Domestic 

Deposits 

($ billions)

Number of 

Institutions

Number of 

Offices

Domestic 

Deposits 

($ billions)

Number of 

Institutions

Number of 

Offices

Domestic 

Deposits 

($ billions)

June 2011 77 46,886 $5,728 440 18,974 $1,151 6,985 31,077 $1,296

June 2010 76 47,016 5,138 438 19,120 1,133 6,967 31,054 1,334

June 2006 76 45,846 4,294 431 17,325 934 6,629 27,849 994

1-Year Growth Rate 1.3% -0.3% 11.5% 0.5% -0.8% 1.6% 0.3% 0.1% -2.8%

5-Year Compound 

Growth Rate 0.3% 0.4% 5.9% 0.4% 1.8% 4.3% 1.1% 2.2% 5.4%

Source: FDIC Summary of Deposits and OTS Branch Office Survey.

Note: Merger-adjusted data. Deposit-taking offices only. Excludes U.S. branches of foreign institutions. Small = Institutions with consolidated deposits less than $1 billion. Midsize = Institutions 

with consolidated deposits of $1 billion to $10 billion. Large = Institutions with consolidated deposits greater then $10 billion.
FDIC Quarterly 29 2011, Volume 5, No. 4

Summary of Deposits

increase in the total number of offices, while states in 

the Midwest and Southeast experienced office contraction (see Map 1). Delaware, Maine, California, and 

West Virginia experienced the highest percentage 

increases in the number of offices from 2010 to 2011 

and were the only states to experience growth of more 

than 1 percent. Office growth in these states can be 

attributed to branch network expansion made by a few 

large institutions. 

The number of banking offices grew in 16 states and 

declined in 30 states over the past year. The number 

of offices was unchanged in four states and the District 

of Columbia. Several states that experienced office 

contraction from 2010 to 2011 experienced office 

expansion over the past five years. For example, Texas, 

South Carolina, Colorado, Arizona, and Wyoming 

experienced more than a 1 percent decline in the 

number of offices between 2010 and 2011, but have 

each experienced more than a 1 percent increase in the 

number of offices over the past five years. No state 

experiencing office growth in 2011 experienced office 

contraction over the past five years. 

South Carolina, South Dakota, and Arizona were the 

only states to experience a decline in total deposits 

from 2010 to 2011 (see Map 2). All other states and 

the District of Columbia experienced deposit growth 

over the past five years. State-specific deposits often do 

2011, Bank of America Corporation remained the only 

organization reporting more than a 10 percent share of 

aggregate domestic deposits; its share increased to 13 

percent of domestic deposits versus 11.9 percent in 

2010. Of the three organizations with the greatest 

share of domestic deposits—Bank of America Corporation, JPMorgan Chase, and Wells Fargo—two experienced double-digit deposit growth over the past year. 

Domestic deposits at Bank of America and JPMorgan 

Chase grew 16.4 percent and 17.8 percent, respectively, from 2010 to 2011, while domestic deposits at 

Wells Fargo grew 5.9 percent over the same period. 

The total number of deposit offices at Bank of America 

and Wells Fargo declined 3.3 percent and 2.6 percent, 

respectively, while the total number of deposit offices 

at JPMorgan increased 3.3 percent. Toronto-Dominion 

Bank was added to the list and Capitol Bancorp was 

eliminated from the list in 2011. Toronto-Dominion 

Bank reported operations in 16 states in 2011, 

compared with 13 states in 2010. Capitol Bancorp 

reported operations in 14 states in 2011, compared 

with 16 states in 2010.

Office Growth Was Strongest in the Northeast and 

West, Weakest in the Midwest and South

Changes in the number of banking offices within each 

state were mixed between 2010 and 2011. In general, 

states in the Northeast and West experienced an 

Table 4

The Same Number of Banking Organizations Operate in 15 or More States as Last Year

Name of Company

Number of States 

with Deposit Offices

Reported Number of 

Deposit Offices

Domestic Deposits

($ billions)

Share of Total 

Domestic Deposits 

(%)

Wells Fargo & Company 40 6,386 $793.6 9.7%

Bank of America Corporation 36 5,841 1,066.7 13.0%

U.S. Bancorp 25 3,135 198.5 2.4%

JPMorgan Chase & Co. 24 5,404 769.0 9.4%

Beal Bank SSB 21 34 2.5 0.0%

BNP Paribas 20 713 50.3 0.6%

First Citizens Bancshares, Inc. 18 427 17.7 0.2%

Woodforest Financial Group, Inc. 17 765 3.0 0.0%

Dickinson Financial Corporation 17 167 1.8 0.0%

Northern Trust Corporation 17 83 30.4 0.4%

PNC Financial Services Group 16 2,588 180.8 2.2%

Regions Financial Corporation 16 1,768 98.4 1.2%

Toronto-Dominion Bank 16 1,293 151.5 1.8%

Citigroup Inc. 16 1,057 316.8 3.9%

KeyCorp 15 1,053 59.8 0.7%

Source: FDIC Summary of Deposits and OTS Branch Office Survey.

Note: Deposit-taking offices only. See SOD instructions for definition of deposit offices. 
FDIC Quarterly 30 2011, Volume 5, No. 4

concentrated” range, and another 16 metropolitan areas 

had an HHI in the “moderately concentrated” range 

(see Table 5). The number of metropolitan areas with 

HHI scores in the “highly concentrated” range stayed 

the same, while those in the “moderately concentrated” 

range increased by one compared with last year’s HHI 

scores.6 In addition, HHI scores for 18 of the 25 largest 

metropolitan areas increased during the year ending 

June 30, 2011, versus 15 markets experiencing increased 

HHIs in 2010. 

Because of changes in population, the San AntonioNew Braunfels, TX, metropolitan area was added to the 

list of large markets in 2011, and the CincinnatiMiddletown, OH-KY-IN, metropolitan area was taken 

off the list. The HHI score for the San Antonio-New 

Braunfels, TX, metropolitan area is the highest of any 

of the top 25 metropolitan areas in 2011, and increased 

from 4,066 in the previous year to 4,483. Its high HHI 

score reflects the volume of deposits reported by USAA 

Federal Savings Bank, an institution that has a nationwide remote banking business model but assigns its 

deposits to its brick-and-mortar headquarters office 

within the area.

Although the San Antonio-New Braunfels, TX, market 

is reported to be the most concentrated, some large 

6

 The Tampa-St. Petersburg MSA reported an HHI score below 1,000 

in 2010 and above 1,000 in 2011.

not correlate directly with office patterns, however, 

because institutions have significant flexibility in the 

way they associate deposits with offices when completing the SOD. For large institutions in particular, 

deposits may be assigned to offices according to the 

proximity to the account holder’s address, the office 

where the deposit account is most active, the office 

where the account originated, or the office assignment 

used when establishing direct deposit of employee 

compensation.

Twenty of the 25 Largest Markets Are “Highly 

Concentrated” or “Moderately Concentrated”

By law, bank regulatory agencies and the Department of 

Justice must consider market concentration in their 

analysis of proposed mergers and acquisitions. The 

Herfindahl-Hirschman Index (HHI) is a commonly 

used measure of market concentration.5 The HHI 

measures increases in market concentration as banking 

organizations increase their deposit market share in a 

particular trade area. As of June 30, 2011, four of the 25 

largest metropolitan areas had an HHI in the “highly 

5

 Under the Department of Justice (DOJ) guidelines, markets with an 

HHI of less than 1,000 are considered “unconcentrated,” those with an 

HHI between 1,000 and 1,800 are considered “moderately concentrated,” and those with an HHI greater than 1,800 are considered 

“highly concentrated.” For more details, see the joint Federal Trade 

Commission and DOJ Web site on “Horizontal Merger Guidelines” at 

http://www.usdoj.gov/atr/public/guidelines/horiz_book/hmg1.html. 

Percentage Change in

Number of Branches 

Reported by Insured 

Institutions, 2010–2011

-1 to -2%

0 to -1%

0 to 1%

1 to 2%

Source: FDIC. >2%

Northeast and West Experienced Office Growth,

Midwest and Southeast Experienced Office Contraction

(Number of Branches Reported as of June 30, 2011)

HI: 283

AK: 132

WY: 231

WA: 1,891

OR: 1,132

NV: 549

CA: 

7,275 MO:

2,436

IA: 1,613

MN:

1,821

ND: 439

SD: 480

NE: 1,093

KS: 1,559

TX: 6,885

CO: 1,640

TN: 2,293

LA:

1,646

MS:

1,215

AR:

1,484

FL: 5,615

IL:

4,926 IN:

2,386

OH:

4,044

PA: 4,711

NY: 5,498

ME:

MT: 392 519

NM: 512 OK: 1,408

GA:

2,711

AZ: 1,362

UT: 604

ID: 537

VT: 266

NH: 435

MA: 2,224

RI: 260

CT: 1,301

NJ: 3,318

DE: 288

MD: 1,785

DC: 244

WV: 671

KY: 1,808

WI:

2,320 MI:

2,978

AL:

1,570

SC:

1,441

NC: 2,760

VA:

2,687

Map 1

Source: FDIC.

Deposit Growth Was Strong in the Northeast and West,

but the Way Deposits Are Assigned by Large Institutions May Skew Changes in Deposits

Percentage Change in

Amount of Deposits 

Reported by Insured 

Institutions in Each

State, 2010–2011

<-10%

0 to -10%

0 to 5%

5 to 10%

>10%

HI

AK

WY

WA

OR

NV

CA

MO

IA

MN

ND

SD

NE

KS

TX

CO

TN

LA

MS

AR

FL

IL IN OH

NH

PA

NY

ME MT

NM OK

GA

AZ

UT

ID

KY

WI

MI

AL

SC

NC

VA

VT

WV

MA

RI CT

NJ

DE

MD

DC

Map 2
FDIC Quarterly 31 2011, Volume 5, No. 4

Summary of Deposits

Author: Andrew D. Carayiannis, Financial Analyst

Division of Insurance and Research

The author would like to thank Robert E. Basinger for his 

contributions to this article.

institutions within other markets continue to exert 

significant, and in some cases growing, local market 

power. In 15 of the 25 largest metropolitan areas, one 

institution, most often a large institution, reported a 

market share in 2011 of at least one-fourth of domestic 

deposits, versus 11 metropolitan areas in 2010 with that 

level of concentration. 

Table 5

Four of the Largest Metropolitan Areas Are Characterized as “Highly Concentrated” Markets 

According to the Department of Justice’s Herfindahl-Hirschman Index Measurement

(Top 25 metropolitan areas by population as of June 30, 2011)

Metropolitan Area

HerfindahlHirschman 

Index 

Population 

Estimate 

(millions)

5-Year 

Compound 

Growth Rate 

in Offices 

5-Year 

Compound 

Growth Rate 

in Deposits 

San Antonio-New Braunfels, TX 4,483 2.2 4.0 12.7

Pittsburgh, PA 2,551 2.4 0.1 5.8

San Francisco-Oakland-Fremont, CA 2,509 4.4 1.1 8.2

Minneapolis-St. Paul-Bloomington, MN-WI 2,396 3.3 0.0 13.6

Phoenix-Mesa-Scottsdale, AZ 1,761 4.4 2.8 1.9

Houston-Sugar Land-Baytown, TX 1,759 6.1 2.6 11.3

Portland-Vancouver-Beaverton, OR-WA 1,615 2.3 1.3 8.6

Dallas-Fort Worth-Arlington, TX 1,521 6.6 0.8 1.5

Baltimore-Towson, MD 1,452 2.7 -0.2 5.6

Atlanta-Sandy Springs-Marietta, GA 1,397 5.4 -0.2 1.1

Detroit-Warren-Livonia, MI 1,388 4.3 -0.8 0.7

New York-Northern New Jersey-Long Island, NY-NJ-PA 1,385 19.0 1.4 4.7

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1,309 6.0 0.0 10.3

Sacramento--Arden-Arcade--Roseville, CA 1,283 2.2 0.7 2.5

Denver-Aurora, CO 1,262 2.6 1.4 6.3

Seattle-Tacoma-Bellevue, WA 1,249 3.5 0.6 2.0

San Diego-Carlsbad-San Marcos, CA 1,236 3.1 1.7 3.8

Boston-Cambridge-Quincy, MA-NH 1,153 4.6 0.9 6.2

Riverside-San Bernardino-Ontario, CA 1,108 4.3 2.3 -0.9

Tampa-St. Petersburg-Clearwater, FL 1,007 2.8 0.4 4.9

Washington-Arlington-Alexandria, DC-VA-MD-WV 955 5.7 2.1 3.7

Los Angeles-Long Beach-Santa Ana, CA 949 13.0 1.1 2.6

Chicago-Naperville-Joliet, IL-IN-WI 724 9.6 0.4 2.3

Miami-Fort Lauderdale-Pompano Beach, FL 712 5.3 0.8 1.7

St. Louis, MO-IL 640 2.9 1.9 7.6

Sources: FDIC Summary of Deposits and OTS Branch Office Survey and Moody’s Economy.com.

Note: The Herfindahl-Hirschman Index (HHI), a commonly accepted measure of market concentration, is calculated by squaring the market share of each firm competing in the market and 

then summing the resulting numbers. Markets in which the HHI is between 1,000 and 1,800 points are considered to be “moderately concentrated,” and those in which the HHI is in 

excess of 1,800 points are considered to be “highly concentrated.” For more information, please refer to the joint U.S. Department of Justice and Federal Trade Commission Web site at 

http://www.usdoj.gov/atr/public/testimony/hhi.htm. Population estimates for 2011 are from Moody’s Economy.com.
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