FDIC Quarterly

Quarterly Banking Profile:

First Quarter 2013

Highlights:

■ Quarterly Net Income Rises to $40.3 Billion

■ One-Time Income and Expense Items Help Lift Earnings

■ Only Four Insured Institutions Failed in the Quarter

■ Fund Balance Increases to $35.7 Billion

■ Insured Deposits Decline by 18.7 Percent With 

End of Temporary Unlimited Insurance for 

Noninterest-Bearing Transaction Accounts

■ DIF Reserve Ratio Rises 15 Basis Points to 0.59 Percent

2013, Volume 7, Number 2
Chairman Martin J. Gruenberg

Director, Division of Insurance Arthur J. Murton

  and Research

Executive Editors Richard A. Brown

Maureen E. Sweeney

Managing Editors Matthew Green

Paul H. Kupiec

Philip A. Shively

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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2013, Volume 7, Number 2

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: First Quarter 2013

FDIC-insured institutions reported aggregate net income of $40.3 billion in the first quarter of 2013, a $5.5 

billion (15.8 percent) increase from the $34.8 billion in profits that the industry reported in the first quarter of 

2012. This is the 15th consecutive quarter that earnings have registered a year-over-year increase. Increased 

noninterest income, lower noninterest expenses, and reduced provisions for loan losses accounted for the 

increase in earnings from a year ago. Half of the 7,019 insured institutions reporting financial results had yearover-year increases in their earnings. The proportion of banks that were unprofitable fell to 8.4 percent, from 

10.6 percent a year earlier. See page 1.

Insurance Fund Indicators

The Deposit Insurance Fund (DIF) increased by $2.8 billion during the first quarter to $35.7 billion. 

Estimated insured deposits decreased by 18.7 percent, to $6.0 trillion, during the first quarter primarily 

because of the expiration of the temporary unlimited insurance coverage on noninterest-bearing transaction 

accounts. The DIF reserve ratio was 0.59 percent at March 31, 2013, up from 0.44 percent at December 31, 

2012, and 0.22 percent at March 31, 2012. Four FDIC-insured institutions failed during the quarter.

See page 15.

FDIC Quarterly 1 2013, Volume 7, No. 2

Quarterly Banking Profile First Quarter 2013

More Than 90 Percent of Institutions Had 

Positive Net Income in First Quarter

Improvements in noninterest income and expense, plus 

broad-based reductions in loan loss provisions, 

outweighed declining net interest income and helped 

lift industry earnings to an all-time high of $40.3 billion 

in first quarter 2013. First-quarter net income was $5.5 

billion (15.8 percent) higher than in first quarter 2012, 

as a reduction in expenses for litigation costs and 

proceeds from a legal settlement boosted reported earnings. Half of all insured institutions reported year-overyear improvement in quarterly earnings, the lowest 

proportion since fourth quarter 2009. The average 

return on assets (ROA) was 1.12 percent, up from 1 

percent a year ago. This is the highest quarterly ROA 

for the industry since second quarter 2007. Only 8.4 

percent of institutions reported negative net income, 

the lowest proportion of unprofitable banks since third 

quarter 2006.

Loss Provisions Fall to Pre-Crisis Level

Total noninterest income was $5.1 billion (8.3 

percent) higher than a year ago. Trading revenue was 

$1.1 billion (17.8 percent) higher than in first quarter 

2012, while gains from asset sales were up by $1 billion 

(30.1 percent). Noninterest expense was $4.2 billion 

(3.9 percent) lower, with more than half of the reduction occurring at one large bank. Fewer than 40 

percent of banks (39.9 percent) reported reductions in 

noninterest expense, while well over half (59.4 

percent) reported rising expenses. Provisions for loan 

and lease losses fell to $11.0 billion, a decline of $3.3 

billion (23.2 percent) from a year ago. This is the 

lowest quarterly loss provision since first quarter 2007. 

More than half of all institutions—53.1 percent—

reported lower loss provisions than a year earlier.

■ Quarterly Net Income Rises to $40.3 Billion

■ One-Time Income and Expense Items Help Lift Earnings

■ Loan Loss Provisions Fall to Six-Year Low

■ Industry Assets Decline by $26.3 Billion

■ Only Four Insured Institutions Failed in the Quarter

INSURED INSTITUTION PERFORMANCE

Quarterly Net Income

Billions of Dollars

-$50

-$40

-$30

-$20

-$10

$0

$10

$20

$30

$40

$50

1 2 3412341234 1 2 3 4 1

-6.1

-12.6

2009 2010

2.1

-1.7

17.4 20.9 23.8 21.4

28.7

2011

28.5

35.2

25.3

34.8

2012

34.5 37.5 34.6

2013

40.3

Securities and Other Gains/Losses, Net

Net Operating Income

Chart 1 Chart 2

Unprotable Institutions and Institutions

With Increased Earnings

Percentage of All Insured Institutions

0

10

20

30

40

50

60

70

80

1234123412341234 12341234123412341

Percentage of Institutions With Year-Over-Year

Quarterly Income Growth 

Percentage of Institutions With Quarterly Losses

2005 2006 2007 2008 2009 2010 2011 2012 2013
FDIC Quarterly 2 2013, Volume 7, No. 2

Chart 4

Quarterly Revenue and Loan-Loss Provision

Billions of Dollars

$0

$20

$40

$60

$80

$100

$120

$140

$160

$180

1 2 341 2 3 4 1 2 3 4123412341

2008 2009 2010

*Net operating revenue = net interest income + noninterest income

2011 2012 2013 

Quarterly Loan-Loss Provision

Quarterly Net Operating Revenue*

Average Net Interest Margin Is at Lowest Level 

Since 2006

The combined positive effects of higher noninterest 

income, lower noninterest expense, and reduced loss 

provisions were offset somewhat by a $2.4 billion (2.2 

percent) year-over-year decline in net interest income. 

This is the third time in the last four quarters that net 

interest income has been lower than in the year-earlier 

quarter. The industry’s net interest margin (NIM) fell to 

3.27 percent from 3.35 percent in fourth quarter 2012 

and 3.51 percent in first quarter 2012. This is the lowest 

average NIM for the industry since fourth quarter 2006. 

Total interest income in the first quarter was $6 billion 

(4.8 percent) lower than in first quarter 2012, even 

though average interest-earning assets were more than 

$589 billion (4.9 percent) higher. As older, higheryielding assets mature and are replaced by lower-yielding current assets, average yields continue to fall more 

rapidly than the average expense of funding these assets.

Consumer Loans Lead Improvement in Loan Losses

Loan losses declined from year-earlier levels for the 11th

consecutive quarter. The $16 billion in loan losses 

reported by insured institutions was the smallest quarterly total since third quarter 2007. As has been the 

case in most recent quarters, charge-off levels improved 

in all major loan categories. The greatest improvement 

occurred in residential mortgage loans, where chargeoffs were $2 billion (39.1 percent) lower than in first 

quarter 2012. Charge-offs of home equity lines declined 

by $976 million (33.4 percent), and charge-offs of 

credit cards fell by $817 million (11.5 percent).

Real Estate Loans Show Greatest Improvement in 

Noncurrent Levels

The amount of loans and leases that were noncurrent 

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

declined by $15.7 billion during the three months 

ended March 31. The improvement was led by residential mortgage loans, where noncurrent balances fell 

by $8.7 billion (5 percent). Noncurrent real estate 

construction and development loans declined by 

$2.2 billion (12.7 percent), and noncurrent real estate 

loans secured by nonfarm nonresidential properties fell 

by $2 billion (6.5 percent). At the end of March, 

noncurrent loan balances totaled $261.2 billion, the 

lowest level since year-end 2008.

Reserve Reductions Follow Improving Trend in 

Asset Quality

Insured institutions reduced their loss reserves by $6.6 

billion (4 percent) in the quarter, as the $16 billion in 

charge-offs taken out of reserves exceeded the $11 

billion in loss provisions added to reserves. This is the 

12th consecutive quarter in which banks have lowered 

their reserves. The $155.5 billion that remained in 

reserves at the end of the quarter is $107.7 billion (40.9 

percent) below the peak of $263.2 billion reached at 

the end of first quarter 2010. The industry’s coverage 

ratio of reserves to noncurrent loans improved from 

58.5 percent to 59.5 percent because of the sizable 

reduction in noncurrent loan balances.

Chart 3

Year-Over-Year Change in Quarterly

Loan-Loss Provisions

Billions of Dollars

-$35

-$30

-$25

-$20

-$15

-$10

-$5

$0

1 2 3 4 1 2 3 4 1

-30.7

-3.3

2011 2012 2013
FDIC Quarterly 3 2013, Volume 7, No. 2

Quarterly Banking Profile

Higher Retained Earnings Bolster Equity Capital

Equity capital increased by $12.7 billion (0.8 percent) 

during the quarter. Retained earnings contributed $25.9 

billion, up from $13.9 billion a year earlier, as insured 

institutions declared $14.4 billion in dividends in the 

first quarter, compared with $20.9 billion in first quarter 

2012. During the quarter, several large institutions 

returned more than $7 billion in capital to their parent 

holding companies. Equity growth was also limited by a 

$5.2 billion decline in unrealized gains in banks’ available-for-sale securities portfolios.

Loan Balances Post Seasonal Decline

Total assets of insured institutions declined by $26.3 

billion (0.2 percent) during the quarter. This is the first 

quarterly decline in industry assets since fourth quarter 

2010. Balances of securities purchased under resale 

agreements dropped by $57.5 billion (12.8 percent). 

Total loans and leases fell by $36.8 billion (0.5 

percent). The decline in loan balances was caused in 

large part by a seasonal $35.9 billion (5.2 percent) drop 

in credit card balances. In addition, home equity lines 

fell by $16 billion (2.9 percent). Balances of residential 

mortgage loans declined by $18.3 billion (1 percent), as 

sales of mortgages during the quarter exceeded originations by almost $24 billion. Agricultural production 

loan balances posted a seasonal $7.2 billion (10.7 

percent) decline. Loan balances increased in commercial and industrial loans (up $24.8 billion, 1.6 percent), 

loans to foreign depository institutions (up $15.5 

billion, 16.9 percent), auto loans (up $5.7 billion, 1.8 

percent), and multifamily residential real estate loans 

(up $2.7 billion, 1.2 percent). Banks’ investment securities portfolios declined by $11.5 billion (0.4 percent), as 

holdings of U.S. Treasury securities fell by $16.6 billion 

(8.1 percent), and mortgage-backed securities declined 

by $7.9 billion (0.5 percent). Institutions increased 

their holdings of state and municipal securities by $6 

billion (2.3 percent). Balances with Federal Reserve 

banks rose by $184 billion (25.5 percent).

Banks Continue to Reduce Reliance on 

Nondeposit Liabilities

Total deposits at insured institutions rose by $1.8 

billion (0.02 percent), as deposits in domestic offices 

fell by $20.5 billion (0.2 percent), and deposits in 

foreign offices increased by $22.3 billion (1.6 percent). 

Balances in noninterest-bearing domestic accounts 

declined by $97.3 billion (3.8 percent), while interestbearing domestic deposits were up by $76.9 billion (1.1 

percent). Banks reduced their nondeposit liabilities by 

$40.4 billion (2 percent), as securities sold under repurchase agreements declined by $20.6 billion (5.3 

percent), Federal Home Loan Bank advances dropped 

by $3.7 billion (1.1 percent), and other secured borrowings declined by $22.9 billion (8 percent). At the end 

of the quarter, deposits funded 75 percent of total 

industry assets, the highest proportion since third quarter 1993.

Chart 5

Quarterly Net Interest Margins

Percent

2.0

2.5

3.0

3.5

4.0

4.5

5.0

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Assets < $1 Billion

Assets $1 Billion - $10 Billion

Assets $10 Billion - $100 Billion

Assets > $100 Billion

Chart 6

Noncurrent Loans and Loan Losses Continue to Fall

but Remain Well Above Pre-Crisis Levels 

Percent

0

1

2

3

4

5

6

2006 2007 2008 2009 2010 2011 2012 2013

Noncurrent Loan Rate

Quarterly Net Charge-Off Rate
FDIC Quarterly 4 2013, Volume 7, No. 2

Numbers of Failures and Problem Banks 

Continue to Fall

The number of FDIC-insured institutions reporting 

financial results fell to 7,019 in the first quarter, down 

from 7,083 in fourth quarter 2012. Mergers absorbed 55 

institutions during the quarter, and four institutions 

failed. This is the smallest number of failures in a quarter since second quarter 2008. For a seventh consecutive quarter, no new insured institutions were added. 

Except for charters created to absorb failed banks, there 

have been no new charters added since fourth quarter 

2010. The number of insured institutions on the FDIC’s 

“Problem List” declined for an eighth consecutive 

quarter, from 651 to 612. Total assets of “problem” 

institutions declined from $233 billion to $213 billion. 

The number of full-time equivalent employees at 

insured institutions fell from 2,110,276 to 2,102,839 

during the quarter.

Author: Ross Waldrop, Senior Banking Analyst

Division of Insurance and Research

(202) 898-3951

Chart 9

Quarterly Changes in the Number of

Troubled Institutions

50

45

41

45

41

30

26 22 26 18 16 15 12 8 27

81

53

111

136 150

73 54

31 24 4

-23 -21 -31 -40 -38 -43 -39

14

54

-41

2

2

9

12

21

24

4

-50

-25

0

25

50

75

100

125

150

175

200

12341234 12341 2 3 4 1 2 3 4 1

2008 2009 2010 2011 2012 2013

27

81

53

111

136 150

73 54

31 24 4

-23 -21 -31 -40 -38 -43 -39

14

54

-41

Quarterly Failures

Net Quarterly Change in

Number of Problem Banks

Chart 7

Quarterly Change in Loan Balances

Billions of Dollars

43

189

237

203

61

28

-6

-116-140

-109

-210

-133

-107

-7 -14

-126

67

24

-63

102

65

118

-37

221*

134

-$250

-$200

-$150

-$100

-$50

$0

$50

$100

$150

$200

$250

$300

1 234123412341234123412341

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 2012 2013

Chart 10

Noninterest-Bearing Deposits in Domestic Ofces

Trillions of Dollars

0.0

0.5

1.0

1.5

2.0

2.5

3.0

123412 34123 4 1 234123 412341

Noninterest-Bearing Transaction Balances > $250,000

All Other Domestic Noninterest-Bearing Deposits

2007 2008 2009 2010 2011 2012 2013

Chart 8

Long-Term Assets as a Percentage of Total Assets*

Percent of Total Assets

0

5

10

15

20

25

30

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

*Long-term assets mature or reprice in five or more years.
FDIC Quarterly 5 2013, Volume 7, No. 2

Quarterly Banking Profile

TABLE I-A. Selected Indicators, All FDIC-Insured Institutions* 2013** 2012** 2012 2011 2010 2009 2008

Return on assets (%)������������������������������������������������������������������������������������������������������ 1.12 1.00 1.00 0.88 0.65 -0.

Return on equity (%)������������������������������������������������������������������������������������������������������� 9.95 8.94 8.91 7.79 5.85 -0.

Core capital (leverage) ratio (%) ������������������������������������������������������������������������������������ 9.26 9.19 9.15 9.07 8.89 8.

Noncurrent assets plus other real estate owned to assets (%) ������������������������������������ 2.08 2.53 2.20 2.60 3.11 3.

Net charge-offs to loans (%) ������������������������������������������������������������������������������������������ 0.83 1.17 1.10 1.55 2.55 2.

Asset growth rate (%) ����������������������������������������������������������������������������������������������������� 3.58 3.82 4.02 4.30 1.77 -5.

Net interest margin (%)��������������������������������������������������������������������������������������������������� 3.27 3.51 3.42 3.60 3.76 3.

Net operating income growth (%)����������������������������������������������������������������������������������� 19.55 12.70 17.84 43.59 1594.74 -155.98

Number of institutions reporting������������������������������������������������������������������������������������� 7,019 7,308 7,083 7,357 7,658 8,012 8,305

Commercial banks��������������������������������������������������������������������������������������������������� 6,048 6,264 6,096 6,291 6,530 6,840 7,087

Savings institutions ������������������������������������������������������������������������������������������������� 971 1,044 987 1,066 1,128 1,172 1,218

Percentage of unprofitable institutions (%)�������������������������������������������������������������������� 8.38 10.63 10.84 16.22 22.15 30.8

Number of problem institutions �������������������������������������������������������������������������������������� 612 772 651 813 884 702 252

Assets of problem institutions (in billions) ��������������������������������������������������������������������� $213 $292 $233 $319 $390 $403 $159

Number of failed institutions������������������������������������������������������������������������������������������� 4 16 51 92 157 140 25

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

* Excludes insured branches of foreign banks (IBAs)

** Through March 31, ratios annualized where appropriate. Asset growth rates are for 12 months ending March 3

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

(dollar figures in millions)  1st Quarter

2013

4th Quarter

2012

1st Quarter

2012

%Change 

12Q1-13Q1

Number of institutions reporting������������������������������������������������������������������������������������� 7,019 7,083 7,308 -4.

Total employees (full-time equivalent)��������������������������������������������������������������������������� 2,102,839 2,110,276 2,102,280 0.

CONDITION DATA

Total assets��������������������������������������������������������������������������������������������������������������������� $14,424,552 $14,450,816 $13,926,031 3.

Loans secured by real estate���������������������������������������������������������������������������������� 4,058,662 4,094,535 4,087,040 -0.

 1-4 Family residential mortgages �������������������������������������������������������������������� 1,877,341 1,895,625 1,858,616 1.

 Nonfarm nonresidential������������������������������������������������������������������������������������ 1,072,268 1,072,536 1,057,770 1.

 Construction and development 201,590 203,679 228,306 -11.

 Home equity lines��������������������������������������������������������������������������������������������� 538,427 554,455 590,723 -8.

Commercial & industrial loans �������������������������������������������������������������������������������� 1,533,124 1,508,328 1,373,601 11.

Loans to individuals������������������������������������������������������������������������������������������������� 1,291,634 1,327,611 1,266,712 2.

 Credit cards ������������������������������������������������������������������������������������������������������ 660,218 696,079 650,022 1.

Farm loans��������������������������������������������������������������������������������������������������������������� 59,834 67,037 58,264 2.

Other loans & leases����������������������������������������������������������������������������������������������� 717,605 700,021 627,707 14.

Less: Unearned income ������������������������������������������������������������������������������������������ 1,925 1,838 2,103 -8.

Total loans & leases ������������������������������������������������������������������������������������������������ 7,658,935 7,695,693 7,411,220 3.

Less: Reserve for losses����������������������������������������������������������������������������������������� 155,467 162,028 183,247 -15.

Net loans and leases����������������������������������������������������������������������������������������������� 7,503,468 7,533,665 7,227,973 3.

Securities����������������������������������������������������������������������������������������������������������������� 2,998,513 3,009,963 2,930,553 2.

Other real estate owned������������������������������������������������������������������������������������������ 35,883 38,490 44,789 -19.

Goodwill and other intangibles ������������������������������������������������������������������������������� 367,043 366,582 371,414 -1.

All other assets�������������������������������������������������������������������������������������������������������� 3,519,644 3,502,116 3,351,304 5.

Total liabilities and capital ���������������������������������������������������������������������������������������������� 14,424,552 14,450,816 13,926,031 3.

Deposits������������������������������������������������������������������������������������������������������������������� 10,819,194 10,817,383 10,261,033 5.

 Domestic office deposits���������������������������������������������������������������������������������� 9,426,562 9,447,029 8,825,724 6.

 Foreign office deposits������������������������������������������������������������������������������������� 1,392,632 1,370,355 1,435,309 -3.

Other borrowed funds ��������������������������������������������������������������������������������������������� 1,300,317 1,322,345 1,381,632 -5.

Subordinated debt��������������������������������������������������������������������������������������������������� 116,075 118,023 129,351 -10.

All other liabilities ���������������������������������������������������������������������������������������������������� 547,353 563,803 567,197 -3.

Total equity capital (includes minority interests)���������������������������������������������������� 1,641,612 1,629,263 1,586,819 3.

 Bank equity capital������������������������������������������������������������������������������������������� 1,626,449 1,613,705 1,568,492 3.

Loans and leases 30-89 days past due������������������������������������������������������������������������� 80,020 88,898 89,755 -10.

Noncurrent loans and leases ����������������������������������������������������������������������������������������� 261,161 276,861 305,032 -14.

Restructured loans and leases �������������������������������������������������������������������������������������� 105,866 104,986 123,926 -14.

Mortgage-backed securities ������������������������������������������������������������������������������������������ 1,698,269 1,706,122 1,735,496 -2.

Earning assets���������������������������������������������������������������������������������������������������������������� 12,753,014 12,682,312 12,182,371 4.

FHLB Advances�������������������������������������������������������������������������������������������������������������� 330,179 333,837 305,832 8.

Unused loan commitments��������������������������������������������������������������������������������������������� 5,927,287 5,852,880 5,839,217 1.

Trust assets��������������������������������������������������������������������������������������������������������������������� 18,133,305 17,313,366 17,084,043 6.

Assets securitized and sold ������������������������������������������������������������������������������������������� 811,571 871,814 974,443 -16.

Notional amount of derivatives��������������������������������������������������������������������������������������� 232,653,745 224,080,331 230,665,007 0.

INCOME DATA Full Year 2012 Full Year 2011 %Change

1st Quarter 

2013

1st Quarter 

2012

%Change 

12Q1-13Q1

Total interest income ������������������������������������������������������������������� $487,235 $507,389 -4.0 $118,205 $124,190 -4

Total interest expense ����������������������������������������������������������������� 65,902 84,808 -22.3 14,201 17,814 -20

Net interest income �������������������������������������������������������������� 421,333 422,581 -0.3 104,003 106,376 -2

Provision for loan and lease losses �������������������������������������������� 58,261 77,510 -24.8 11,014 14,346 -23

Total noninterest income������������������������������������������������������������� 248,676 230,135 8.1 66,547 61,426 8

Total noninterest expense����������������������������������������������������������� 421,169 411,728 2.3 102,310 106,476 -3

Securities gains (losses)������������������������������������������������������������� 9,680 5,510 75.7 2,071 3,014 -31

Applicable income taxes ������������������������������������������������������������� 58,319 50,663 15.1 18,746 15,144 23

Extraordinary gains, net�������������������������������������������������������������� -142 926 N/M -61 114 N/M

Total net income (includes minority interests)��������������������� 141,798 119,252 18.9 40,490 34,963 15

 Bank net income������������������������������������������������������������ 141,188 118,427 19.2 40,292 34,793 15

Net charge-offs���������������������������������������������������������������������������� 82,730 113,239 -26.9 15,978 21,786 -26

Cash dividends ���������������������������������������������������������������������������� 96,400 77,938 23.7 14,401 20,943 -31

Retained earnings ����������������������������������������������������������������������� 44,788 40,489 10.6 25,891 13,850 86

Net operating income����������������������������������������������������������� 134,618 114,241 17.8 39,037 32,653 19

N/M - Not Meaningful
FDIC Quarterly 6 2013, Volume 7, No. 2

TABLE III-A. First Quarter 2013, All FDIC-Insured Institutions

Asset Concentration Groups*

FIRST 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����������������������� 7,019 16 5 1,491 3,483 619 49 450 827 79

Commercial banks������������������������������������� 6,048 14 5 1,471 3,144 177 35 411 725 66

Savings institutions ����������������������������������� 971 2 0 20 339 442 14 39 102 13

Total assets (in billions)������������������������������������ $14,424.6 $594.3 $3,838.6 $231.1 $4,223.8 $566.2 $106.3 $69.4 $148.

Commercial banks������������������������������������� 13,362.6 519.6 3,838.6 226.4 3,885.6 223.8 27.9 63.9 123

Savings institutions ����������������������������������� 1,062.0 74.7 0.0 4.7 338.2 342.3 78.5 5.6 

Total deposits (in billions)��������������������������������� 10,819.2 324.1 2,700.1 194.2 3,327.2 421.9 89.0 56.0 125

Commercial banks������������������������������������� 10,008.7 274.8 2,700.1 191.3 3,075.5 169.9 21.6 52.2 105

Savings institutions ����������������������������������� 810.5 49.3 0.0 2.9 251.7 252.0 67.4 3.8 

Bank net income (in millions) ��������������������������� 40,292 4,625 9,072 657 9,433 1,334 388 265 346 14,171

Commercial banks������������������������������������� 37,564 4,042 9,072 632 8,730 701 172 178 287 13,751

Savings institutions ����������������������������������� 2,728 583 0 25 703 633 216 88 59 420

Performance Ratios (annualized, %)

Yield on earning assets������������������������������������ 3.72 10.19 2.89 4.08 4.04 3.62 4.72 3.05

Cost of funding earning assets ������������������������ 0.45 0.78 0.45 0.58 0.49 0.73 0.78 0.48

Net interest margin������������������������������������ 3.27 9.42 2.44 3.50 3.55 2.89 3.94 2.58

Noninterest income to assets��������������������������� 1.84 4.00 1.93 0.65 1.25 1.06 2.38 4.14

Noninterest expense to assets������������������������� 2.84 5.53 2.56 2.48 2.94 2.29 3.09 4.43

Loan and lease loss provision to assets���������� 0.31 2.24 0.16 0.09 0.24 0.18 0.71 0.08

Net operating income to assets ����������������������� 1.08 3.12 0.89 1.12 0.86 0.88 1.49 1.40

Pretax return on assets ������������������������������������ 1.64 4.86 1.39 1.33 1.29 1.35 2.34 2.14

Return on assets����������������������������������������������� 1.12 3.10 0.95 1.14 0.89 0.94 1.49 1.52

Return on equity ����������������������������������������������� 9.95 21.01 10.60 10.14 7.51 8.30 15.58 9.96 

Net charge-offs to loans and leases���������������� 0.83 3.49 1.17 0.10 0.51 0.42 1.18 0.35

Loan and lease loss provision to 

net charge-offs ������������������������������������������ 68.93 82.20 41.64 154.33 69.04 70.64 88.07 78.96 9

Efficiency ratio �������������������������������������������������� 58.92 42.10 62.55 63.47 65.63 60.41 49.47 67.84 6

% of unprofitable institutions���������������������������� 8.38 0.00 20.00 3.89 9.82 11.15 4.08 12.00

% of institutions with earnings gains���������������� 49.92 62.50 40.00 43.13 55.84 45.23 55.10 40.22 4

Condition Ratios (%)

Earning assets to total assets �������������������������� 88.41 91.56 86.31 92.58 89.76 93.43 94.83 91.50 9

Loss allowance to:

Loans and leases �������������������������������������� 2.03 4.12 2.82 1.57 1.72 1.39 1.82 1.93

Noncurrent loans and leases �������������������� 59.53 300.68 78.64 120.44 71.07 39.39 141.61 82.67 7

Noncurrent assets plus

other real estate owned to assets������������� 2.08 1.04 1.30 1.07 2.12 2.57 0.92 1.05

Equity capital ratio�������������������������������������������� 11.28 14.94 8.97 11.27 11.95 11.44 9.50 14.56 1

Core capital (leverage) ratio ���������������������������� 9.26 12.99 7.35 10.19 10.11 10.38 9.29 13.23 

Tier 1 risk-based capital ratio��������������������������� 12.99 15.02 11.57 15.12 13.05 20.44 13.25 29.97 1

Total risk-based capital ratio ���������������������������� 14.98 17.28 14.07 16.27 14.73 21.57 14.35 31.07 2

Net loans and leases to deposits��������������������� 69.35 133.64 46.42 68.32 83.51 82.16 78.81 34.61 6

Net loans to total assets ���������������������������������� 52.02 72.87 32.65 57.42 65.78 61.22 65.98 27.89 5

Domestic deposits to total assets �������������������� 65.35 51.97 40.25 84.05 78.25 74.39 83.71 80.01 8

Structural Changes

New reporters�������������������������������������������� 0 0 0 0 0 0 0 0 0 0

Institutions absorbed by mergers ������������� 55 0 0 8 37 2 0 0 5 3

Failed institutions �������������������������������������� 4 0 0 0 4 0 0 0 0 0

PRIOR FIRST QUARTERS

(The way it was...)

Number of institutions ������������������������������2012 7,308 18 5 1,492 3,680 716 52 427 851 67

��������������������������������������2010 7,934 21 4 1,553 4,358 745 75 303 813 62

������������������������������������� 2008 8,494 26 6 1,550 4,752 809 102 362 835 52

Total assets (in billions)����������������������������2012 $13,926.0 $559.2 $3,660.4 $212.6 $4,069.0 $825.0 $98.5 $67.6 $152.

��������������������������������������2010 13,336.0 725.0 3,157.3 181.1 4,497.8 776.9 95.0 40.7 126

������������������������������������� 2008 13,369.3 448.5 3,085.6 158.0 5,271.5 1,364.4 66.3 38.2 112

Return on assets (%)��������������������������������2012 1.00 3.33 0.80 1.27 0.84 0.82 1.78 1.71

��������������������������������������2010 0.53 0.70 0.75 0.95 0.16 0.78 1.41 1.20

������������������������������������� 2008 0.58 4.59 0.35 1.19 0.78 -0.21 1.30 2.20

Net charge-offs to loans & leases (%) �����2012 1.17 4.17 1.48 0.17 0.77 0.96 1.55 0.26

��������������������������������������2010 2.88 14.26 2.75 0.45 1.89 1.20 2.69 0.54

������������������������������������� 2008 0.99 4.97 1.13 0.17 0.71 1.14 1.78 0.21

Noncurrent assets plus 

OREO to assets (%) ��������������������������2012 2.53 1.29 1.55 1.40 2.88 2.38 1.17 1.16

��������������������������������������2010 3.45 2.77 2.64 1.66 4.02 3.14 1.29 0.70

������������������������������������� 2008 1.15 1.62 0.70 0.99 1.43 1.97 0.73 0.28

Equity capital ratio (%)������������������������������2012 11.26 15.16 9.13 11.28 11.66 10.65 9.56 13.79 1

��������������������������������������2010 10.79 13.47 8.77 11.23 10.76 9.76 10.52 16.99 1

������������������������������������� 2008 10.18 22.85 7.57 11.22 11.36 8.09 9.01 20.28 

* See Table V-A (page 10) for explanations

Note: Blue font identifies data that are also presented in the prior quarters data at bottom of table
FDIC Quarterly 7 2013, Volume 7, No. 2

Quarterly Banking Profile

TABLE III-A. First Quarter 2013, All FDIC-Insured Institutions 

Asset Size Distribution Geographic Regions*

FIRST 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����������������������������� 7,019 2,162 4,195 553 109 867 894 1,500 1,701 1,480 577

Commercial banks������������������������������������������� 6,048 1,915 3,596 447 90 472 806 1,244 1,623 1,379 524

Savings institutions ����������������������������������������� 971 247 599 106 19 395 88 256 78 101 53

Total assets (in billions)������������������������������������������ $14,424.6 $126.1 $1,270.8 $1,423.9 $11,603.8 $2,862.6 $3,017.1 $3,346.0 $3,068.2 $871

Commercial banks������������������������������������������� 13,362.6 112.2 1,060.4 1,154.0 11,036.0 2,405.2 2,931.0 3,230.3 3,008.6 76

Savings institutions ����������������������������������������� 1,062.0 13.9 210.4 269.9 567.8 457.4 86.0 115.7 59.5 

Total deposits (in billions)��������������������������������������� 10,819.2 107.4 1,066.2 1,114.8 8,530.8 2,100.9 2,310.6 2,387.5 2,350.4 

Commercial banks������������������������������������������� 10,008.7 96.4 897.3 905.4 8,109.6 1,763.2 2,245.8 2,299.1 2,302.8 

Savings institutions ����������������������������������������� 810.5 11.0 168.9 209.4 421.2 337.6 64.8 88.5 47.5

Bank net income (in millions) ��������������������������������� 40,292 230 2,762 3,875 33,424 6,170 8,458 9,036 9,608 2,376 4,644

Commercial banks������������������������������������������� 37,564 208 2,370 3,224 31,762 5,425 8,327 8,707 9,451 2,028 3,625

Savings institutions ����������������������������������������� 2,728 22 393 651 1,662 744 131 329 157 347 1,019

Performance Ratios (annualized, %)

Yield on earning assets������������������������������������������ 3.72 4.16 4.21 4.27 3.59 4.00 3.66 2.95 4.0

Cost of funding earning assets ������������������������������ 0.45 0.59 0.62 0.54 0.41 0.48 0.39 0.39 0.5

Net interest margin������������������������������������������ 3.27 3.57 3.59 3.73 3.18 3.52 3.27 2.56 3.5

Noninterest income to assets��������������������������������� 1.84 1.00 1.11 1.32 2.00 1.51 2.15 2.01 1.7

Noninterest expense to assets������������������������������� 2.84 3.31 3.16 3.07 2.77 2.78 3.03 2.73 2.7

Loan and lease loss provision to assets���������������� 0.31 0.12 0.18 0.23 0.33 0.43 0.30 0.13 0.3

Net operating income to assets ����������������������������� 1.08 0.69 0.83 1.03 1.12 0.82 1.11 1.03 1.2

Pretax return on assets ������������������������������������������ 1.64 0.87 1.12 1.48 1.72 1.47 1.68 1.46 1.7

Return on assets����������������������������������������������������� 1.12 0.73 0.87 1.09 1.15 0.86 1.11 1.09 1.2

Return on equity ����������������������������������������������������� 9.95 6.09 7.91 9.26 10.31 7.03 9.19 11.95 11.44 

Net charge-offs to loans and leases���������������������� 0.83 0.24 0.33 0.43 0.97 1.13 0.83 0.55 1.0

Loan and lease loss provision to 

net charge-offs ������������������������������������������������ 68.93 90.60 90.26 84.95 66.83 71.77 62.95 52.58 67.65 6

Efficiency ratio �������������������������������������������������������� 58.92 77.56 71.46 64.36 56.82 58.47 59.84 63.59 55.11 

% of unprofitable institutions���������������������������������� 8.38 13.27 6.58 3.98 2.75 9.11 12.64 8.93 5.82

% of institutions with earnings gains���������������������� 49.92 44.40 51.39 57.87 62.39 52.13 55.93 49.20 44.74 

Condition Ratios (%)

Earning assets to total assets ��������������������������������� 88.41 91.39 92.20 91.34 87.61 88.39 87.15 87.45 88.20 

Loss allowance to:

Loans and leases ��������������������������������������������� 2.03 1.80 1.76 1.79 2.11 1.94 1.95 2.17 2.3

Noncurrent loans and leases ��������������������������� 59.53 80.10 74.03 69.85 57.05 82.50 40.87 60.90 60.04 

Noncurrent assets plus

other real estate owned to assets�������������������� 2.08 2.03 2.29 2.17 2.04 1.41 3.04 1.86 2.3

Equity capital ratio��������������������������������������������������� 11.28 11.98 11.00 11.85 11.23 12.26 12.22 9.12 11.03 

Core capital (leverage) ratio ����������������������������������� 9.26 11.44 10.41 10.47 8.96 9.73 9.22 7.76 9.19

Tier 1 risk-based capital ratio���������������������������������� 12.99 19.20 15.82 15.21 12.38 14.04 12.87 11.05 12.42 

Total risk-based capital ratio ����������������������������������� 14.98 20.33 17.02 16.45 14.54 15.68 14.96 13.45 14.60 

Net loans and leases to deposits���������������������������� 69.35 62.96 72.35 79.56 67.73 70.84 72.42 61.49 68.84 

Net loans to total assets ����������������������������������������� 52.02 53.62 60.70 62.29 49.79 51.99 55.46 43.88 52.73 

Domestic deposits to total assets ��������������������������� 65.35 85.17 83.85 77.89 61.57 64.64 73.47 58.20 57.36 

Structural Changes

New reporters�������������������������������������������������� 0 0 0 0 0 0 0 0 0 0 0

Institutions absorbed by mergers ������������������� 55 20 31 4 0 4 5 14 12 13 7

Failed institutions �������������������������������������������� 4 3 1 0 0 0 1 1 1 0 1

PRIOR FIRST QUARTERS

(The way it was...)

Number of institutions ������������������������������������2012 7,308 2,368 4,276 557 107 906 945 1,544 1,767 1,533 613

��������������������������������������������2010 7,934 2,779 4,475 575 105 977 1,103 1,637 1,868 1,654 695

������������������������������������������� 2008 8,494 3,347 4,481 549 117 1,036 1,223 1,752 1,968 1,730 785

Total assets (in billions)����������������������������������2012 $13,926.0 $137.4 $1,283.6 $1,419.8 $11,085.3 $2,823.3 $2,918.0 $3,208.5 $2,967.7 $831

��������������������������������������������2010 13,336.0 155.4 1,339.9 1,477.9 10,362.8 2,671.7 2,989.0 2,978.4 1,664.4 78

������������������������������������������� 2008 13,369.3 178.0 1,334.3 1,438.1 10,419.0 2,478.8 3,423.5 2,963.1 1,000.0 74

Return on assets (%)��������������������������������������2012 1.00 0.74 0.83 1.06 1.02 0.97 0.83 0.87 1.0

��������������������������������������������2010 0.53 0.46 0.38 0.19 0.60 0.56 0.27 0.48 0.6

������������������������������������������� 2008 0.58 0.73 0.79 0.76 0.53 1.04 0.32 0.75 1.39

Net charge-offs to loans & leases (%) �����������2012 1.17 0.38 0.58 0.78 1.33 1.36 1.28 0.90 1.4

��������������������������������������������2010 2.88 0.65 0.88 1.77 3.46 4.10 2.73 2.35 3.2

������������������������������������������� 2008 0.99 0.20 0.30 0.70 1.16 1.15 0.76 0.84 1.1

Noncurrent assets plus 

OREO to assets (%) ��������������������������������2012 2.53 2.26 2.88 3.05 2.43 1.70 3.73 2.28 2.7

��������������������������������������������2010 3.45 2.32 3.39 3.70 3.43 2.46 4.18 3.23 4.7

������������������������������������������� 2008 1.15 1.09 1.33 1.44 1.09 0.86 1.08 1.09 1.5

Equity capital ratio (%)������������������������������������2012 11.26 11.74 10.67 11.74 11.26 12.57 12.01 8.79 11.14 

��������������������������������������������2010 10.79 11.96 10.04 10.86 10.86 11.92 11.29 8.55 11.51 

������������������������������������������� 2008 10.18 13.78 10.52 11.13 9.94 12.09 10.20 9.06 9.7

* See Table V-A (page 11) for explanations

Note: Blue font identifies data that are also presented in the prior quarters data at bottom of table
FDIC Quarterly 8 2013, Volume 7, No. 2

TABLE IV-A. Full Year 2012, All FDIC-Insured Institutions

Asset Concentration Groups*

FULL YEAR

(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����������������������� 7,083 19 5 1,537 3,499 659 51 414 826 73

Commercial banks������������������������������������� 6,096 15 5 1,516 3,159 200 39 374 726 62

Savings institutions ����������������������������������� 987 4 0 21 340 459 12 40 100 11

Total assets (in billions)������������������������������������ $14,450.8 $600.7 $3,808.4 $239.8 $4,339.5 $628.3 $101.6 $64.9 $145.

Commercial banks������������������������������������� 13,391.1 529.4 3,808.4 235.1 3,999.0 272.0 27.2 58.8 121

Savings institutions ����������������������������������� 1,059.7 71.3 0.0 4.8 340.6 356.3 74.4 6.1 

Total deposits (in billions)��������������������������������� 10,817.4 328.2 2,678.6 200.3 3,401.4 482.1 84.3 52.0 123

Commercial banks������������������������������������� 10,014.1 283.6 2,678.6 197.2 3,148.1 219.8 21.1 48.1 103

Savings institutions ����������������������������������� 803.2 44.6 0.0 3.1 253.3 262.3 63.2 3.9 

Bank net income (in millions) ��������������������������� 141,188 18,058 29,777 2,902 37,737 5,355 1,426 823 1,238 43,872

Commercial banks������������������������������������� 130,210 14,401 29,777 2,774 35,152 3,108 651 724 1,134 42,488

Savings institutions ����������������������������������� 10,977 3,657 0 128 2,584 2,247 775 98 104 1,384

Performance Ratios (annualized, %)

Yield on earning assets������������������������������������ 3.96 10.59 3.15 4.45 4.28 3.89 4.99 3.30

Cost of funding earning assets ������������������������ 0.54 0.89 0.53 0.71 0.59 0.81 0.92 0.59

Net interest margin������������������������������������ 3.42 9.70 2.62 3.74 3.69 3.09 4.07 2.72

Noninterest income to assets��������������������������� 1.77 4.31 1.76 0.69 1.24 1.06 2.44 4.51

Noninterest expense to assets������������������������� 3.00 5.91 2.81 2.56 3.02 2.33 3.19 4.99

Loan and lease loss provision to assets���������� 0.41 2.40 0.24 0.15 0.37 0.40 0.89 0.11

Net operating income to assets ����������������������� 0.96 3.13 0.72 1.22 0.85 0.81 1.46 1.24

Pretax return on assets ������������������������������������ 1.42 4.86 1.05 1.48 1.19 1.27 2.27 1.89

Return on assets����������������������������������������������� 1.00 3.13 0.80 1.27 0.89 0.87 1.47 1.23

Return on equity ����������������������������������������������� 8.91 20.97 8.85 11.18 7.46 7.80 14.94 8.67

Net charge-offs to loans and leases���������������� 1.10 3.80 1.41 0.24 0.74 0.82 1.31 0.45

Loan and lease loss provision to 

net charge-offs ������������������������������������������ 70.42 78.20 50.58 105.15 75.02 79.69 95.65 89.15 9

Efficiency ratio �������������������������������������������������� 61.65 43.23 69.10 61.33 65.84 58.80 49.42 71.25 7

% of unprofitable institutions���������������������������� 10.84 0.00 0.00 3.25 14.29 13.35 7.84 10.63

% of institutions with earnings gains���������������� 67.70 68.42 80.00 66.36 74.51 53.26 68.63 51.69 6

Condition Ratios (%)

Earning assets to total assets �������������������������� 87.76 91.91 85.57 91.46 89.12 93.20 96.65 91.54 9

Loss allowance to:

Loans and leases �������������������������������������� 2.11 4.08 2.98 1.51 1.76 1.41 1.84 1.95

Noncurrent loans and leases �������������������� 58.52 293.16 78.07 118.63 69.13 36.99 157.06 80.18 7

Noncurrent assets plus

other real estate owned to assets������������� 2.20 1.11 1.39 1.11 2.21 2.70 0.88 1.04

Equity capital ratio�������������������������������������������� 11.17 14.67 8.93 11.14 11.93 11.09 9.57 14.28 1

Core capital (leverage) ratio ���������������������������� 9.15 13.12 7.16 10.25 10.05 10.10 9.36 12.90 

Tier 1 risk-based capital ratio��������������������������� 13.09 14.18 12.20 14.56 12.91 20.44 12.82 29.42 1

Total risk-based capital ratio ���������������������������� 15.11 16.40 14.82 15.69 14.59 21.59 13.93 30.50 1

Net loans and leases to deposits��������������������� 69.64 139.98 46.93 71.22 83.81 77.46 83.22 34.40 6

Net loans to total assets ���������������������������������� 52.13 76.48 33.01 59.48 65.69 59.44 69.05 27.59 5

Domestic deposits to total assets �������������������� 65.37 52.11 40.82 83.52 77.75 76.61 82.95 79.46 8

Structural Changes

New reporters�������������������������������������������� 0 0 0 0 0 0 0 0 0 0

Institutions absorbed by mergers ������������� 208 0 1 29 135 15 0 3 6 19

Failed institutions �������������������������������������� 51 0 0 1 42 6 0 0 2 0

PRIOR FULL YEARS

(The way it was...)

Number of institutions ������������������������������2011 7,357 18 4 1,545 3,770 731 59 377 790 63

������������������������������������� 2009 8,012 23 4 1,568 4,453 766 83 289 770 56

������������������������������������� 2007 8,534 27 5 1,592 4,773 784 109 373 815 56

Total assets (in billions)����������������������������2011 $13,892.1 $538.7 $3,456.4 $215.7 $4,087.0 $825.3 $97.2 $56.1 $138.

������������������������������������� 2009 13,086.8 501.6 3,107.1 182.0 4,546.7 810.1 96.5 38.0 116

������������������������������������� 2007 13,033.9 479.2 2,784.4 157.5 4,619.0 1,328.1 94.9 37.8 110

Return on assets (%)��������������������������������2011 0.88 3.49 0.74 1.11 0.63 0.56 1.68 1.92

������������������������������������� 2009 -0.08 -4.51 0.08 0.81 -0.43 0.65 0.33 0.74

������������������������������������� 2007 0.81 3.35 0.58 1.20 0.83 0.03 1.26 2.56

Net charge-offs to loans & leases (%) �����2011 1.55 5.26 1.97 0.40 1.18 0.90 1.87 0.56

������������������������������������� 2009 2.52 9.77 3.07 0.65 2.02 1.24 2.74 0.78

������������������������������������� 2007 0.59 3.95 0.77 0.22 0.35 0.40 0.87 0.29

Noncurrent assets plus 

OREO to assets (%) ��������������������������2011 2.60 1.41 1.61 1.46 3.04 2.61 1.28 1.11

������������������������������������� 2009 3.37 2.40 2.75 1.55 3.87 3.17 1.45 0.69

������������������������������������� 2007 0.95 1.54 0.68 0.83 1.10 1.52 1.64 0.23

Equity capital ratio (%)������������������������������2011 11.16 15.11 8.89 11.22 11.69 10.39 9.82 14.51 1

������������������������������������� 2009 10.88 21.49 8.75 10.95 10.48 9.48 11.15 17.74 1

������������������������������������� 2007 10.34 21.26 8.01 11.17 11.00 8.38 12.62 19.98 1

* See Table V-A (page 10) for explanations

Note: Blue font identifies data that are also presented in the prior years data at bottom of table
FDIC Quarterly 9 2013, Volume 7, No. 2

Quarterly Banking Profile

TABLE IV-A. Full Year 2012, All FDIC-Insured Institutions

Asset Size Distribution Geographic Regions*

FULL YEAR

(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����������������������������� 7,083 2,204 4,217 555 107 873 904 1,515 1,716 1,490 585

Commercial banks������������������������������������������� 6,096 1,953 3,608 446 89 473 813 1,258 1,632 1,388 532

Savings institutions ����������������������������������������� 987 251 609 109 18 400 91 257 84 102 53

Total assets (in billions)������������������������������������������ $14,450.8 $128.1 $1,275.1 $1,454.8 $11,592.7 $2,896.0 $3,056.1 $3,298.5 $3,068.7 $870

Commercial banks������������������������������������������� 13,391.1 113.9 1,063.2 1,168.4 11,045.6 2,432.9 2,965.3 3,181.9 3,009.8 77

Savings institutions ����������������������������������������� 1,059.7 14.3 211.9 286.4 547.2 463.1 90.8 116.6 58.9 

Total deposits (in billions)��������������������������������������� 10,817.4 108.5 1,066.0 1,132.6 8,510.2 2,133.3 2,327.2 2,356.6 2,331.7 

Commercial banks������������������������������������������� 10,014.1 97.3 896.6 914.4 8,105.8 1,792.4 2,260.0 2,268.1 2,285.1 

Savings institutions ����������������������������������������� 803.2 11.2 169.4 218.2 404.4 341.0 67.3 88.5 46.6

Bank net income (in millions) ��������������������������������� 141,188 889 10,072 16,163 114,064 26,863 23,200 29,009 33,075 8,469 20,570

Commercial banks������������������������������������������� 130,210 802 8,904 13,520 106,985 23,898 22,704 27,962 32,612 7,463 15,572

Savings institutions ����������������������������������������� 10,977 87 1,168 2,643 7,079 2,965 496 1,048 463 1,007 4,999

Performance Ratios (annualized, %)

Yield on earning assets������������������������������������������ 3.96 4.43 4.48 4.50 3.82 4.32 3.71 3.23 4.3

Cost of funding earning assets ������������������������������ 0.54 0.71 0.76 0.68 0.49 0.60 0.46 0.47 0.6

Net interest margin������������������������������������������ 3.42 3.72 3.72 3.81 3.33 3.72 3.25 2.76 3.7

Noninterest income to assets��������������������������������� 1.77 1.07 1.12 1.40 1.90 1.54 1.77 1.94 1.7

Noninterest expense to assets������������������������������� 3.00 3.49 3.20 3.07 2.96 2.94 3.10 2.98 2.9

Loan and lease loss provision to assets���������������� 0.41 0.22 0.36 0.39 0.43 0.48 0.47 0.21 0.5

Net operating income to assets ����������������������������� 0.96 0.62 0.75 1.09 0.97 0.93 0.70 0.84 1.0

Pretax return on assets ������������������������������������������ 1.42 0.83 1.04 1.46 1.46 1.43 1.08 1.21 1.5

Return on assets����������������������������������������������������� 1.00 0.69 0.80 1.14 1.01 0.96 0.77 0.90 1.1

Return on equity ����������������������������������������������������� 8.91 5.77 7.40 9.67 9.01 7.77 6.36 10.06 9.97

Net charge-offs to loans and leases���������������������� 1.10 0.43 0.64 0.73 1.23 1.27 1.19 0.85 1.3

Loan and lease loss provision to 

net charge-offs ������������������������������������������������ 70.42 93.00 90.54 84.31 67.63 71.54 71.49 53.08 71.40 

Efficiency ratio �������������������������������������������������������� 61.65 77.99 70.22 62.43 60.48 59.38 66.85 67.92 57.81 

% of unprofitable institutions���������������������������������� 10.84 14.56 9.58 7.39 1.87 9.85 21.46 11.35 6.99

% of institutions with earnings gains���������������������� 67.70 59.30 70.78 76.04 75.70 62.31 72.79 67.19 68.36 

Condition Ratios (%)

Earning assets to total assets ��������������������������������� 87.76 90.79 91.71 90.76 86.92 88.36 86.22 86.85 86.98 

Loss allowance to:

Loans and leases ��������������������������������������������� 2.11 1.76 1.75 1.81 2.20 2.02 2.09 2.22 2.4

Noncurrent loans and leases ��������������������������� 58.52 79.30 71.89 61.17 56.93 81.57 40.77 59.17 59.94 

Noncurrent assets plus

other real estate owned to assets�������������������� 2.20 2.10 2.37 2.46 2.15 1.46 3.23 2.00 2.4

Equity capital ratio��������������������������������������������������� 11.17 12.02 10.91 11.77 11.11 12.18 12.03 9.10 10.86 

Core capital (leverage) ratio ����������������������������������� 9.15 11.37 10.33 10.41 8.83 9.80 9.03 7.63 8.92

Tier 1 risk-based capital ratio���������������������������������� 13.09 18.77 15.56 15.20 12.51 14.19 12.98 11.33 12.33 

Total risk-based capital ratio ����������������������������������� 15.11 19.89 16.75 16.45 14.72 15.82 15.23 13.84 14.46 

Net loans and leases to deposits���������������������������� 69.64 65.12 73.29 79.83 67.89 69.89 71.92 62.75 69.74 

Net loans to total assets ����������������������������������������� 52.13 55.17 61.27 62.15 49.84 51.49 54.76 44.83 52.99 

Domestic deposits to total assets ��������������������������� 65.37 84.71 83.54 77.45 61.65 65.12 73.07 59.02 56.36 

Structural Changes

New reporters�������������������������������������������������� 0 0 0 0 0 0 0 0 0 0 0

Institutions absorbed by mergers ������������������� 208 81 108 16 3 31 28 24 49 48 28

Failed institutions �������������������������������������������� 51 16 34 1 0 5 22 10 9 4 1

PRIOR FULL YEARS

(The way it was...)

Number of institutions ������������������������������������2011 7,357 2,415 4,284 551 107 915 957 1,552 1,773 1,542 618

������������������������������������������� 2009 8,012 2,848 4,492 565 107 986 1,121 1,647 1,879 1,660 719

��������������������������������������������2007 8,534 3,440 4,424 551 119 1,043 1,221 1,763 1,986 1,742 779

Total assets (in billions)����������������������������������2011 $13,892.1 $138.7 $1,279.9 $1,411.0 $11,062.5 $2,864.6 $2,942.8 $3,185.2 $2,918.2 $813

������������������������������������������� 2009 13,086.8 158.9 1,354.4 1,461.4 10,112.1 2,567.2 3,427.3 2,934.4 1,145.6 78

��������������������������������������������2007 13,033.9 181.9 1,308.8 1,422.0 10,121.2 2,441.0 3,329.6 2,842.5 976.3 73

Return on assets (%)��������������������������������������2011 0.88 0.52 0.56 0.79 0.93 1.01 0.52 0.78 0.9

������������������������������������������� 2009 -0.08 -0.05 -0.10 -0.37 -0.03 -0.83 0.01 0.18 0.76

��������������������������������������������2007 0.81 0.74 0.97 0.96 0.77 0.77 0.81 0.86 1.4

Net charge-offs to loans & leases (%) �����������2011 1.55 0.62 0.90 1.18 1.72 1.86 1.66 1.19 1.8

������������������������������������������� 2009 2.52 0.88 1.25 1.91 2.87 2.76 2.29 2.36 2.4

��������������������������������������������2007 0.59 0.24 0.25 0.42 0.68 0.90 0.33 0.47 0.7

Noncurrent assets plus 

OREO to assets (%) ��������������������������������2011 2.60 2.34 3.01 3.12 2.50 1.77 3.83 2.31 2.7

������������������������������������������� 2009 3.37 2.24 3.29 3.58 3.36 2.33 4.16 3.20 4.2

��������������������������������������������2007 0.95 0.96 1.07 1.09 0.92 0.81 0.81 0.94 1.3

Equity capital ratio (%)������������������������������������2011 11.16 11.84 10.66 11.73 11.14 12.26 11.98 8.68 11.12 

������������������������������������������� 2009 10.88 11.96 9.86 10.72 11.02 12.53 11.66 8.59 10.70 

��������������������������������������������2007 10.34 13.73 10.49 11.34 10.12 12.06 10.30 9.23 9.74 

* See Table V-A (page 11) for explanations

Note: Blue font identifies data that are also presented in the prior years data at bottom of table
FDIC Quarterly 10 2013, Volume 7, No. 2

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

Asset Concentration Groups*

March 31, 2013 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 ��������������������������������������� 1.36 0.48 1.85 0.88 0.96 1.16 0.77 1.41

Construction and development��������������������������������� 1.04 0.00 1.52 1.09 1.01 1.36 0.57 1.28

Nonfarm nonresidential��������������������������������������������� 0.68 0.00 0.56 0.81 0.68 0.49 0.92 1.05

Multifamily residential real estate ����������������������������� 0.51 0.00 0.38 0.42 0.44 0.47 0.40 0.51

Home equity loans����������������������������������������������������� 0.83 1.29 1.15 0.60 0.65 0.81 0.56 1.05

Other 1-4 family residential��������������������������������������� 2.09 0.48 2.84 1.50 1.54 1.28 0.93 1.88

Commercial and industrial loans ������������������������������������� 0.32 1.05 0.28 1.07 0.35 0.65 1.34 1.43

Loans to individuals���������������������������������������������������������� 1.35 1.21 1.49 1.53 1.26 1.09 0.94 1.56

Credit card loans ������������������������������������������������������� 1.27 1.20 1.45 1.33 1.29 1.49 0.59 1.64

Other loans to individuals ����������������������������������������� 1.44 1.44 1.57 1.54 1.26 1.05 1.12 1.55

All other loans and leases (including farm) ��������������������� 0.31 0.36 0.41 0.66 0.27 0.07 0.48 0.37

Total loans and leases������������������������������������������������������ 1.04 1.20 1.13 0.89 0.80 1.10 0.90 1.36

Percent of Loans Noncurrent**

All real estate loans ���������������������������������������������������������� 5.71 1.74 8.25 1.65 3.34 3.79 2.48 2.86

Construction and development.................................. 7.38 

Nonfarm nonresidential��������������������������������������������� 2.67 8.18 1.72 2.47 2.63 2.51 2.52 3.14

Multifamily residential real estate ����������������������������� 1.35 0.00 0.68 1.78 1.47 1.24 2.65 1.87

Home equity loans����������������������������������������������������� 2.87 0.00 4.22 1.08 1.64 2.32 2.89 1.16

Other 1-4 family residential��������������������������������������� 8.89 1.50 13.78 1.42 4.25 4.09 2.13 1.99 

Commercial and industrial loans ������������������������������������� 0.80 1.29 0.75 1.51 0.96 1.74 1.70 1.58

Loans to individuals���������������������������������������������������������� 1.13 1.39 1.34 0.61 0.75 0.75 0.85 0.65

Credit card loans ������������������������������������������������������� 1.39 1.39 1.39 0.29 1.39 1.15 1.12 1.09

Other loans to individuals ����������������������������������������� 0.86 1.32 1.26 0.63 0.69 0.71 0.72 0.62

All other loans and leases (including farm) ��������������������� 0.35 0.16 0.33 0.41 0.50 0.19 0.03 0.83

Total loans and leases������������������������������������������������������ 3.41 1.37 3.59 1.31 2.42 3.54 1.28 2.33

Percent of Loans Charged-Off (net, YTD)

All real estate loans ���������������������������������������������������������� 0.66 0.02 1.14 0.10 0.55 0.41 1.18 0.36

Construction and development��������������������������������� 0.87 0.00 1.25 0.31 0.95 0.32 3.40 1.56

Nonfarm nonresidential��������������������������������������������� 0.37 0.00 0.14 0.16 0.44 0.38 0.15 0.44

Multifamily residential real estate ����������������������������� 0.13 0.00 0.02 0.05 0.19 0.20 0.55 0.14

Home equity loans����������������������������������������������������� 1.43 0.00 1.40 0.33 0.98 1.38 1.76 0.02

Other 1-4 family residential��������������������������������������� 0.67 0.02 1.60 0.11 0.55 0.36 0.78 0.19

Commercial and industrial loans ������������������������������������� 0.36 3.42 0.30 0.15 0.39 0.37 0.93 0.18

Loans to individuals���������������������������������������������������������� 2.34 3.53 3.25 0.27 0.82 1.44 1.18 0.47

Credit card loans ������������������������������������������������������� 3.71 3.57 4.36 0.88 3.71 6.20 2.35 1.93

Other loans to individuals ����������������������������������������� 0.88 2.51 1.35 0.21 0.55 0.93 0.59 0.38

All other loans and leases (including farm) ��������������������� 0.12 0.00 0.20 0.00 0.19 0.15 0.09 0.34

Total loans and leases������������������������������������������������������ 0.83 3.49 1.17 0.10 0.51 0.42 1.18 0.35

Loans Outstanding (in billions)

All real estate loans ���������������������������������������������������������� $4,058.7 $0.1 $483.8 $81.4 $1,792.8 $321.9 $18.6 $13.9 $61.

Construction and development��������������������������������� 201.6 0.0 5.8 3.8 135.6 6.1 0.4 1.

Nonfarm nonresidential��������������������������������������������� 1,072.3 0.0 35.5 22.5 725.3 29.4 1.4 4.8 

Multifamily residential real estate ����������������������������� 236.8 0.0 42.7 2.1 140.6 11.2 0.2 0.

Home equity loans����������������������������������������������������� 538.4 0.0 99.3 1.5 178.8 18.6 7.3 0.5

Other 1-4 family residential��������������������������������������� 1,877.3 0.1 245.9 20.9 581.4 255.3 9.2 6.4 

Commercial and industrial loans ������������������������������������� 1,533.1 34.6 277.5 17.2 654.2 9.6 0.6 2.4

Loans to individuals���������������������������������������������������������� 1,291.6 413.9 247.3 5.9 203.4 7.0 52.2 2.2

Credit card loans ������������������������������������������������������� 660.2 397.3 154.8 0.5 16.7 0.7 17.1 0.

Other loans to individuals ����������������������������������������� 631.4 16.6 92.4 5.5 186.7 6.3 35.2 2.1

All other loans and leases (including farm) ��������������������� 777.4 3.1 281.9 30.4 177.8 13.1 0.1 1.3

Total loans and leases (plus unearned income)�������������� 7,660.9 451.8 1,290.4 134.9 2,828.2 351.6 71.6 19.8 80

Memo: Other Real Estate Owned (in millions)

All other real estate owned����������������������������������������������� 35,883.5 0.1 2,649.9 695.7 20,478.2 2,020.4 56.2 256.8 756

Construction and development��������������������������������� 11,080.4 0.0 59.9 249.3 8,742.7 399.9 10.8 98.5 231

Nonfarm nonresidential��������������������������������������������� 8,743.6 0.0 14.3 257.6 6,363.2 295.8 24.4 101.9 248

Multifamily residential real estate ����������������������������� 989.1 0.0 5.3 15.2 674.2 37.7 0.7 5.1 

1-4 family residential ������������������������������������������������� 7,891.8 0.1 767.4 124.6 3,695.5 723.7 17.4 47.1 243

Farmland�������������������������������������������������������������������� 390.2 0.0 0.0 48.7 289.9 3.2 2.9 4.1

GNMA properties������������������������������������������������������� 6,724.2 0.0 1,742.0 0.4 711.5 560.1 0.0 0.0 1

*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 the 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 2013, Volume 7, No. 2

Quarterly Banking Profile

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

Asset Size Distribution Geographic Regions*

March 31, 2013 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 ������������������������������ 1.36 1.49 1.06 0.85 1.54 1.10 1.49 1.28 1.8

Construction and development������������������������ 1.04 1.38 1.13 1.04 0.99 1.43 0.95 0.98 0.9

Nonfarm nonresidential������������������������������������ 0.68 1.24 0.90 0.63 0.59 0.74 0.67 0.75 0.5

Multifamily residential real estate �������������������� 0.51 0.65 0.66 0.48 0.49 0.33 0.82 0.54 0.8

Home equity loans�������������������������������������������� 0.83 1.05 0.74 0.63 0.85 0.58 1.00 0.94 0.7

Other 1-4 family residential������������������������������ 2.09 1.98 1.40 1.23 2.33 1.63 2.12 1.89 2.9

Commercial and industrial loans ���������������������������� 0.32 1.44 0.85 0.46 0.26 0.44 0.25 0.35 0.2

Loans to individuals������������������������������������������������� 1.35 1.92 1.53 1.41 1.34 1.21 1.93 1.24 1.5

Credit card loans ���������������������������������������������� 1.27 1.32 1.45 1.61 1.26 1.12 1.81 1.10 1.4

Other loans to individuals �������������������������������� 1.44 1.92 1.54 1.33 1.44 1.46 1.99 1.29 1.5

All other loans and leases (including farm) ������������ 0.31 0.78 0.60 0.26 0.29 0.13 0.16 0.66 0.1

Total loans and leases��������������������������������������������� 1.04 1.43 1.03 0.81 1.08 0.95 1.16 0.99 1.2

Percent of Loans Noncurrent** 

All real estate loans ������������������������������������������������� 5.71 2.64 2.66 3.13 7.04 3.61 8.09 6.17 6.8

Construction and development������������������������ 7.38 5.88 7.15 7.55 7.44 9.28 8.81 7.14 6.3

Nonfarm nonresidential������������������������������������ 2.67 3.43 2.65 2.74 2.62 2.70 2.82 2.96 2.6

Multifamily residential real estate �������������������� 1.35 3.42 2.06 1.52 1.13 0.90 2.18 1.55 1.3

Home equity loans�������������������������������������������� 2.87 1.36 1.25 1.44 3.12 1.89 3.38 3.27 3.1

Other 1-4 family residential������������������������������ 8.89 2.30 2.17 3.40 10.87 4.70 12.18 10.09 10.9

Commercial and industrial loans ���������������������������� 0.80 2.19 1.81 1.44 0.63 1.06 0.65 0.79 0.7

Loans to individuals������������������������������������������������� 1.13 0.88 0.92 0.95 1.15 1.19 1.00 1.05 1.4

Credit card loans ���������������������������������������������� 1.39 0.75 1.21 1.57 1.39 1.27 1.76 1.41 1.4

Other loans to individuals �������������������������������� 0.86 0.88 0.90 0.71 0.87 0.96 0.57 0.93 1.4

All other loans and leases (including farm) ������������ 0.35 0.55 0.61 0.58 0.32 0.18 0.18 0.26 0.5

Total loans and leases��������������������������������������������� 3.41 2.25 2.37 2.56 3.69 2.35 4.76 3.57 3.8

Percent of Loans Charged-Off (net, YTD) 

All real estate loans ������������������������������������������������� 0.66 0.23 0.29 0.35 0.82 0.61 0.83 0.62 0.8

Construction and development������������������������ 0.87 0.65 0.73 0.63 1.06 1.23 1.93 0.63 0.13

Nonfarm nonresidential������������������������������������ 0.37 0.25 0.27 0.29 0.47 0.63 0.48 0.36 0.1

Multifamily residential real estate �������������������� 0.13 0.19 0.16 0.24 0.09 0.03 0.10 0.22 0.2

Home equity loans�������������������������������������������� 1.43 0.32 0.37 0.61 1.57 1.00 2.01 1.17 1.6

Other 1-4 family residential������������������������������ 0.67 0.24 0.27 0.34 0.78 0.51 0.58 0.64 1.1

Commercial and industrial loans ���������������������������� 0.36 0.32 0.46 0.36 0.36 0.67 0.33 0.26 0.2

Loans to individuals������������������������������������������������� 2.34 0.38 0.76 1.43 2.45 2.87 2.12 1.29 3.1

Credit card loans ���������������������������������������������� 3.71 2.18 3.90 3.61 3.71 3.48 4.15 3.44 4.4

Other loans to individuals �������������������������������� 0.88 0.36 0.56 0.57 0.93 1.13 0.90 0.61 1.3

All other loans and leases (including farm) ������������ 0.12 0.00 0.16 0.14 0.12 0.07 0.06 0.08 0.2

Total loans and leases��������������������������������������������� 0.83 0.24 0.33 0.43 0.97 1.13 0.83 0.55 1.0

Loans Outstanding (in billions) 

All real estate loans ������������������������������������������������� $4,058.7 $48.6 $609.6 $643.2 $2,757.2 $794.9 $942.6 $785.1 $825.3 $3

Construction and development������������������������ 201.6 2.8 49.3 48.8 100.8 37.0 49.2 31.5 31.

Nonfarm nonresidential������������������������������������ 1,072.3 14.0 245.2 264.7 548.3 244.8 221.7 184.9 161.9 

Multifamily residential real estate �������������������� 236.8 1.5 31.1 51.6 152.6 77.7 28.9 66.7 22.

Home equity loans�������������������������������������������� 538.4 1.3 29.2 44.8 463.1 91.4 143.3 137.8 118.

Other 1-4 family residential������������������������������ 1,877.3 21.5 217.0 218.5 1,420.3 340.3 490.7 346.7 410.4 

Commercial and industrial loans ���������������������������� 1,533.1 8.6 102.4 147.5 1,274.7 224.8 374.3 323.2 332.9 

Loans to individuals������������������������������������������������� 1,291.6 4.4 34.1 70.2 1,182.8 367.5 233.0 185.9 281.4

Credit card loans ���������������������������������������������� 660.2 0.0 2.1 19.4 638.7 270.8 85.0 44.1 159.

Other loans to individuals �������������������������������� 631.4 4.4 32.1 50.9 544.1 96.7 148.0 141.7 121.

All other loans and leases (including farm) ������������ 777.4 7.3 39.3 42.6 688.2 131.0 156.7 206.8 217.

Total loans and leases (plus unearned income)����� 7,660.9 68.9 785.5 903.5 5,902.9 1,518.2 1,706.6 1,500.9 1,657.2 

Memo: Other Real Estate Owned (in millions) 

All other real estate owned�������������������������������������� 35,883.5 1,005.4 10,384.4 7,542.7 16,951.0 4,116.5 9,873.1 8,367.4 6,394.7 4,71

Construction and development������������������������ 11,080.4 320.8 4,662.7 3,393.4 2,703.6 952.4 3,178.0 1,638.1 2,070.4 2,17

Nonfarm nonresidential������������������������������������ 8,743.6 354.4 3,403.0 2,306.1 2,680.1 1,109.9 1,857.2 1,843.6 1,714.0 1,

Multifamily residential real estate �������������������� 989.1 48.3 287.7 220.2 432.9 159.6 198.2 200.3 209.9

1-4 family residential ���������������������������������������� 7,891.8 258.9 1,846.7 1,448.5 4,337.7 1,440.4 2,033.2 1,968.5 1,211.8 

Farmland����������������������������������������������������������� 390.2 22.7 181.2 142.1 44.1 18.7 88.6 77.1 62.2

GNMA properties���������������������������������������������� 6,724.2 0.4 3.0 32.4 6,688.4 434.2 2,517.8 2,639.8 1,063.

* 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 Islan

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 2013, Volume 7, No. 2

Table VI-A. Derivatives, All FDIC-Insured Call Report Filers

Asset Size Distribution

(dollar figures in millions;

notional amounts unless otherwise indicated)

1st

Quarter 

2013

4th 

Quarter 

2012

3rd 

Quarter 

2012

2nd 

Quarter 

2012

1st 

Quarter 

2012

% Change 

12Q1-

13Q1

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����������������� 1,396 1,363 1,365 1,326 1,292 8.0 83 864 352 9

Total assets of institutions reporting derivatives ���������� $12,687,655 $12,662,780 $12,420,450 $12,211,087 $12,090,477 4.9 $5,982 $349,779 $1,018,547 $11,313,34

Total deposits of institutions reporting derivatives������� 9,426,599 9,383,405 9,074,359 8,883,485 8,806,687 7.0 5,014 289,766 812,074 8,319,74

Total derivatives������������������������������������������������������������� 232,653,745 224,080,331 229,350,905 225,037,786 230,665,007 0.9 243 25,759 89,099 232,538,64

Derivative Contracts by Underlying Risk Exposure 

Interest rate�������������������������������������������������������������������� 184,950,405 178,936,077 181,462,870 178,823,511 183,994,462 0.5 238 22,742 81,579 184,845,84

Foreign exchange*��������������������������������������������������������� 30,329,524 28,599,277 30,099,276 29,090,375 29,212,378 3.8 0 2,738 5,713 30,321,07

Equity ����������������������������������������������������������������������������� 2,022,785 1,952,110 2,208,326 2,006,866 1,925,405 5.1 0 66 653 2,022,06

Commodity & other (excluding credit derivatives)�������� 1,449,766 1,402,392 1,582,317 1,492,694 1,481,688 -2.2 1 17 970 1,448,77

Credit������������������������������������������������������������������������������ 13,901,264 13,190,476 13,998,117 13,624,340 14,051,075 -1.1 4 196 183 13,900,88

Total�������������������������������������������������������������������������������� 232,653,745 224,080,331 229,350,905 225,037,786 230,665,007 0.9 243 25,759 89,099 232,538,64

Derivative Contracts by Transaction Type 

Swaps ���������������������������������������������������������������������������� 138,360,520 134,927,108 135,584,504 134,469,552 138,658,399 -0.2 30 6,359 46,642 138,307,48

Futures & forwards �������������������������������������������������������� 45,599,040 43,442,591 44,034,379 40,616,309 40,646,938 12.2 102 10,897 21,903 45,566,13

Purchased options��������������������������������������������������������� 16,623,585 15,629,039 16,596,957 16,911,267 17,546,001 -5.3 14 684 4,554 16,618,33

Written options��������������������������������������������������������������� 17,136,418 15,964,276 16,819,059 16,722,575 17,238,798 -0.6 94 7,432 15,536 17,113,35

Total�������������������������������������������������������������������������������� 217,719,562 209,963,014 213,034,899 208,719,703 214,090,136 1.7 239 25,371 88,636 217,605,31

Fair Value of Derivative Contracts 

Interest rate contracts���������������������������������������������������� 67,451 96,553 98,516 92,904 93,633 -28.0 0 68 82 67,30

Foreign exchange contracts������������������������������������������ -6,644 -5,822 -13,618 -3,883 -3,875 N/M 0 0 -15 -6,629

Equity contracts������������������������������������������������������������� -2,588 -2,029 -264 3,453 -281 N/M 0 1 6 -2,594

Commodity & other (excluding credit derivatives)�������� -2,530 -2,467 -2,590 -1,538 -1,997 N/M 0 1 9 -2,541

Credit derivatives as guarantor������������������������������������� -20,833 -40,693 -84,508 -179,196 -127,599 N/M 0 0 2 -20,834

Credit derivatives as beneficiary����������������������������������� 25,372 42,352 87,900 185,191 131,291 -80.7 0 -1 -3 25,37

Derivative Contracts by Maturity** 

Interest rate contracts ����������������������������� < 1 year 86,868,652 83,071,638 84,190,393 82,514,198 85,888,701 1.1 59 7,928 22,618 86,838,04

 ������������������������������������������ 1-5 years 29,343,680 30,498,422 30,961,937 30,337,278 31,691,232 -7.4 20 3,004 24,160 29,316,49

 ������������������������������������������ > 5 years 20,312,943 21,448,452 21,990,698 21,795,561 22,691,140 -10.5 45 3,258 17,158 20,292,48

Foreign exchange contracts ������������������� < 1 year 18,647,078 18,347,400 18,781,964 18,604,099 18,849,154 -1.1 0 2,470 3,568 18,641,03

 ������������������������������������������ 1-5 years 2,738,341 2,868,426 2,894,870 2,926,354 3,017,933 -9.3 0 0 171 2,738,17

 ������������������������������������������ > 5 years 1,389,930 1,442,901 1,453,914 1,422,938 1,349,611 3.0 0 0 519 1,389,41

Equity contracts��������������������������������������� < 1 year 648,510 627,310 638,274 597,782 539,407 20.2 0 6 133 648,37

 ������������������������������������������ 1-5 years 255,625 262,230 290,474 262,864 241,998 5.6 0 13 125 255,48

 ������������������������������������������ > 5 years 74,515 81,851 85,427 81,390 88,815 -16.1 0 0 14 74,50

Commodity & other contracts ����������������� < 1 year 480,077 391,393 460,565 442,919 481,822 -0.4 0 9 491 479,57

 ������������������������������������������ 1-5 years 179,413 242,068 247,795 205,411 203,940 -12.0 0 0 40 179,37

 ������������������������������������������ > 5 years 21,538 28,823 25,053 24,628 20,361 5.8 0 0 0 21,53

Risk-Based Capital: Credit Equivalent Amount 

Total current exposure to tier 1 capital (%)������������������� 32.6 35.9 37.2 38.9 36.3 0.1 0.7

Total potential future exposure to tier 1 capital (%)������ 62.2 62.8 66.4 66.1 71.9 0.1 0.3

Total exposure (credit equivalent amount) 

to tier 1 capital (%)�������������������������������������������������� 94.8 98.7 103.6 105.1 108.2 0.2 0.9 

Credit losses on derivatives***���������������������������������� 84.3 230.2 156.9 130.8 76.3 10.5 0.0 0.

HELD FOR TRADING 

Number of institutions reporting derivatives����������������� 243 248 248 234 225 8.0 13 93 76 6

Total assets of institutions reporting derivatives ���������� 10,143,115 10,122,847 9,955,532 9,802,664 9,708,759 4.5 957 40,666 272,021 9,829,47

Total deposits of institutions reporting derivatives������� 7,542,048 7,513,723 7,270,087 7,116,754 7,082,526 6.5 791 33,630 215,882 7,291,74

Derivative Contracts by Underlying Risk Exposure 

Interest rate�������������������������������������������������������������������� 181,115,795 175,185,514 177,552,762 174,789,131 179,990,552 0.6 56 2,741 17,462 181,095,53

Foreign exchange���������������������������������������������������������� 28,426,103 26,891,282 26,859,757 25,617,989 25,880,306 9.8 0 0 3,003 28,423,10

Equity ����������������������������������������������������������������������������� 2,009,590 1,939,747 2,194,841 1,992,999 1,911,795 5.1 0 0 147 2,009,44

Commodity & other�������������������������������������������������������� 1,433,289 1,386,727 1,559,924 1,475,527 1,462,081 -2.0 1 0 162 1,433,12

Total�������������������������������������������������������������������������������� 212,984,778 205,403,271 208,167,284 203,875,646 209,244,734 1.8 57 2,742 20,773 212,961,20

Trading Revenues: Cash & Derivative Instruments 

Interest rate�������������������������������������������������������������������� 2,216 4,155 4,458 2,873 5,631 -60.6 0 1 34 2,18

Foreign exchange���������������������������������������������������������� 3,190 759 1,020 2,001 1,504 112.1 0 0 0 3,19

Equity ����������������������������������������������������������������������������� 830 136 507 1,140 257 223.0 0 0 1 82

Commodity & other (including credit derivatives) �������� 1,252 -683 -892 -3,853 -1,032 N/M 0 0 0 1,252

Total trading revenues��������������������������������������������������� 7,488 4,367 5,093 2,161 6,360 17.7 0 1 34 7,45

Share of Revenue 

Trading revenues to gross revenues (%) ���������������������� 6.2 3.7 4.3 1.9 5.3 0.0 0.

Trading revenues to net operating revenues (%)���������� 29.0 19.9 22.4 11.3 32.0 0.0 1.1

HELD FOR PURPOSES OTHER THAN TRADING 

Number of institutions reporting derivatives����������������� 1,257 1,218 1,213 1,185 1,157 8.6 71 783 313 9

Total assets of institutions reporting derivatives ���������� 12,349,560 12,317,646 11,985,744 11,791,595 11,759,200 5.0 5,061 314,984 915,043 11,114,47

Total deposits of institutions reporting derivatives������� 9,163,417 9,110,823 8,728,209 8,548,220 8,550,282 7.2 4,251 260,899 728,265 8,170,00

Derivative Contracts by Underlying Risk 

Exposure 

Interest rate�������������������������������������������������������������������� 3,834,610 3,750,562 3,910,107 4,034,380 4,003,910 -4.2 182 20,000 64,117 3,750,31

Foreign exchange���������������������������������������������������������� 870,503 781,154 921,630 778,644 808,276 7.7 0 2,547 2,431 865,52

Equity ����������������������������������������������������������������������������� 13,195 12,363 13,485 13,866 13,610 -3.0 0 66 506 12,62

Commodity & other�������������������������������������������������������� 16,477 15,664 22,393 17,167 19,606 -16.0 0 17 808 15,65

Total notional amount ���������������������������������������������������� 4,734,784 4,559,743 4,867,615 4,844,057 4,845,402 -2.3 182 22,630 67,862 4,644,11

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 2013, Volume 7, No. 2

Quarterly Banking Profile

TABLE VII-A. Servicing, Securitization, and Asset Sales Activities (All FDIC-Insured Call Report Filers)

Asset Size Distribution

(dollar figures in millions)

1st 

Quarter

2013

4th 

Quarter

2012

3rd 

Quarter

2012

2nd 

Quarter 

2012

1st 

Quarter 

2012

% Change 

12Q1-

13Q1

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 ����������������������������������������� 102 162 170 171 174 -41.4 6 42 20 3

Outstanding Principal Balance by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� $636,223 $641,250 $754,731 $750,582 $741,851 -14.2 $15 $2,957 $8,577 $624,67

Home equity loans��������������������������������������������������������������������������������������������� 47 49 51 52 54 -13.0 0 1 0 4

Credit card receivables�������������������������������������������������������������������������������������� 18,832 18,942 18,423 17,227 18,691 0.8 0 320 0 18,51

Auto loans ���������������������������������������������������������������������������������������������������������� 4,505 4,684 4,311 4,520 2,822 59.6 0 0 0 4,50

Other consumer loans ��������������������������������������������������������������������������������������� 5,155 5,083 5,226 5,203 5,128 0.5 0 3 0 5,15

Commercial and industrial loans����������������������������������������������������������������������� 4,025 1,839 3,373 1,713 861 367.5 0 11 1 4,01

All other loans, leases, and other assets���������������������������������������������������������� 142,785 199,968 204,902 209,647 205,037 -30.4 0 3,115 5,322 134,34

Total securitized and sold������������������������������������������������������������������������������������������ 811,571 871,814 991,018 988,944 974,443 -16.7 15 6,408 13,900 791,24

Maximum Credit Exposure by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� 3,254 3,374 3,581 3,696 3,802 -14.4 0 58 41 3,15

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

Credit card receivables�������������������������������������������������������������������������������������� 588 605 666 611 617 -4.7 0 109 0 47

Auto loans ���������������������������������������������������������������������������������������������������������� 0 0 0 1 1 -100.0 0 0 0 

Other consumer loans ��������������������������������������������������������������������������������������� 185 200 206 209 205 -9.8 0 0 0 18

Commercial and industrial loans����������������������������������������������������������������������� 41 7 14 3 2 1,950.0 0 0 0 4

All other loans, leases, and other assets���������������������������������������������������������� 2,438 2,280 2,317 2,277 2,454 -0.7 0 3 0 2,43

Total credit exposure ������������������������������������������������������������������������������������������������� 6,507 6,466 6,785 6,798 7,082 -8.1 0 171 41 6,29

Total unused liquidity commitments provided to institution's own securitizations ��� 121 130 125 127 121 0.0 0 0 0 12

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

1-4 family residential loans�������������������������������������������������������������������������������� 4.0 4.5 4.1 3.7 3.4 0.0 1.

Home equity loans��������������������������������������������������������������������������������������������� 11.5 12.5 12.2 13.3 11.7 0.0 0.0

Credit card receivables�������������������������������������������������������������������������������������� 0.7 0.8 0.8 0.8 0.9 0.0 1.

Auto loans ���������������������������������������������������������������������������������������������������������� 0.3 0.4 0.4 0.4 0.3 0.0 0.

Other consumer loans ��������������������������������������������������������������������������������������� 4.9 6.2 5.5 4.6 5.1 0.0 0.

Commercial and industrial loans����������������������������������������������������������������������� 0.0 0.0 0.0 0.2 0.0 0.0 1.

All other loans, leases, and other assets���������������������������������������������������������� 1.2 0.9 1.1 1.3 0.9 0.0 0.

Total loans, leases, and other assets ����������������������������������������������������������������������� 3.4 3.6 3.4 3.2 2.8 0.0 0.

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

1-4 family residential loans�������������������������������������������������������������������������������� 4.7 5.0 4.8 5.5 5.6 0.0 1.

Home equity loans��������������������������������������������������������������������������������������������� 31.7 29.6 29.1 26.2 25.8 0.0 0.0

Credit card receivables�������������������������������������������������������������������������������������� 0.3 0.3 0.3 0.3 0.4 0.0 2.

Auto loans ���������������������������������������������������������������������������������������������������������� 0.0 0.0 0.0 0.0 0.0 0.0 0.

Other consumer loans ��������������������������������������������������������������������������������������� 6.9 6.9 5.6 5.0 5.5 0.0 0.

Commercial and industrial loans����������������������������������������������������������������������� 0.0 0.1 0.0 0.1 0.3 0.0 5.2

All other loans, leases, and other assets���������������������������������������������������������� 8.7 7.8 8.0 6.9 7.1 0.0 0.

Total loans, leases, and other assets ����������������������������������������������������������������������� 5.2 5.5 5.3 5.6 5.8 0.0 1.

Securitized Loans, Leases, and Other Assets Charged-off 

(net, YTD, annualized, %) 

1-4 family residential loans�������������������������������������������������������������������������������� 0.3 1.5 1.0 0.7 0.3 0.0 0.

Home equity loans��������������������������������������������������������������������������������������������� 0.3 1.6 1.3 1.2 0.6 0.0 0.

Credit card receivables�������������������������������������������������������������������������������������� 0.6 2.5 2.0 1.5 4.9 0.0 1.

Auto loans ���������������������������������������������������������������������������������������������������������� 0.1 0.1 0.1 0.1 0.0 0.0 0.

Other consumer loans ��������������������������������������������������������������������������������������� 0.2 1.0 0.7 0.5 0.2 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���������������������������������������������������������� 0.1 0.5 0.3 0.2 0.1 0.0 0.

Total loans, leases, and other assets ����������������������������������������������������������������������� 0.3 1.3 0.9 0.6 0.4 0.0 0.

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�������������������������������������������������������������������������������������� 11,868 14,514 13,291 14,964 13,100 -9.4 0 293 0 11,57

Commercial and industrial loans����������������������������������������������������������������������� 0 0 0 3 3 -100.0 0 0 0 

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

Home equity loans��������������������������������������������������������������������������������������������� 0 0 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������������������������������������������������������������ 1,053 1,019 1,003 999 980 7.4 164 679 162 4

Outstanding Principal Balance by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� 51,631 52,245 55,367 57,636 56,042 -7.9 1,550 14,566 9,791 25,72

Home equity, credit card receivables, auto, and other consumer loans ��������� 852 857 863 883 895 -4.8 0 14 19 81

Commercial and industrial loans����������������������������������������������������������������������� 74 76 46 70 58 27.6 1 28 37 

All other loans, leases, and other assets���������������������������������������������������������� 64,766 64,999 63,170 62,899 63,221 2.4 3 37 420 64,30

Total sold and not securitized������������������������������������������������������������������������������������ 117,324 118,178 119,446 121,488 120,216 -2.4 1,554 14,646 10,267 90,85

Maximum Credit Exposure by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� 13,402 13,315 15,883 17,043 14,471 -7.4 143 3,618 4,669 4,97

Home equity, credit card receivables, auto, and other consumer loans ��������� 167 173 164 168 170 -1.8 0 14 5 14

Commercial and industrial loans����������������������������������������������������������������������� 36 42 38 40 41 -12.2 1 28 6 

All other loans, leases, and other assets���������������������������������������������������������� 15,215 15,043 14,438 14,277 14,320 6.3 3 21 54 15,13

Total credit exposure ������������������������������������������������������������������������������������������������� 28,820 28,572 30,523 31,528 29,002 -0.6 147 3,681 4,734 20,25

Support for Securitization Facilities Sponsored by Other Institutions 

Number of institutions reporting securitization facilities sponsored by others ������� 168 166 172 176 176 -4.5 13 102 33 2

Total credit exposure ������������������������������������������������������������������������������������������������� 48,949 58,163 62,341 67,349 73,276 -33.2 14 236 373 48,32

Total unused liquidity commitments ������������������������������������������������������������������������� 673 779 776 1,275 621 8.4 0 0 0 67

Other

Assets serviced for others*��������������������������������������������������������������������������������������� 5,184,565 5,349,342 5,500,344 5,601,387 5,782,482 -10.3 6,063 134,387 185,297 4,858,81

Asset-backed commercial paper conduits 

Credit exposure to conduits sponsored by institutions and others������������������ 7,875 8,372 8,009 12,801 11,429 -31.1 5 0 2 7,86

Unused liquidity commitments to conduits sponsored by institutions 

 and others �������������������������������������������������������������������������������������������������� 63,355 68,619 70,886 73,694 76,121 -16.8 0 0 1,027 62,32

Net servicing income (for the quarter)���������������������������������������������������������������������� 4,224 4,495 2,802 1,985 4,713 -10.4 8 168 132 3,91

Net securitization income (for the quarter)��������������������������������������������������������������� 394 430 509 246 277 42.2 0 16 10 36

Total credit exposure to Tier 1 capital (%)** ������������������������������������������������������������� 6.6 7.4 7.9 8.5 8.9 1.1 3.

*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 15 2013, Volume 7, No. 2

Quarterly Banking Profile

Total assets of the 7,019 FDIC-insured institutions 

were nearly unchanged, decreasing by only 0.2 percent 

($26.3 billion) from the previous quarter.1 Total 

deposit growth was also flat. Domestic office deposits 

decreased by 0.2 percent ($20.5 billion), while foreign 

office deposits increased by 1.6 percent ($22.3 billion). 

Domestic noninterest-bearing deposits decreased by 

3.8 percent ($97.3 billion), while interest-bearing 

checking and savings accounts increased by 2.3 percent 

($121.1 billion). Domestic time deposits decreased by 

2.6 percent ($44.2 billion). Over the past four quarters, 

total domestic deposits grew by 6.8 percent ($600.8 

billion), with interest-bearing deposits increasing by 

5.9 percent ($389.2 billion) and noninterest-bearing 

deposits rising by 9.5 percent ($211.6 billion). Foreign 

deposits fell by 3.0 percent, other borrowed money 

decreased by 3.8 percent, and securities sold under 

agreements to repurchase declined by 12.0 percent 

over the same four-quarter period.2

Insured institutions had $2.4 trillion in domestic 

noninterest-bearing deposits on March 31, 2013, 69 

percent ($1.7 trillion) of which was in noninterestbearing transaction accounts with balances larger than 

$250,000. Of the $1.7 trillion, $1.5 trillion exceeded the 

$250,000 insurance limit. December 31 of last year was 

the last day of temporary unlimited insurance coverage 

provided to noninterest-bearing transaction deposits as 

part of the Dodd-Frank Act.3 The expiration of the 

unlimited coverage appeared to have only limited 

impact on deposit levels during the first quarter. 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 money includes FHLB advances, term federal funds, 

mortgage indebtedness, and other borrowings.

3

 The Dodd-Frank Wall Street Reform and Consumer Protection Act 

(Dodd-Frank), enacted on July 21, 2010, provided 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 was available to all depositors, 

including consumers, businesses, and government entities. The coverage was separate from, and in addition to, the insurance coverage 

provided for a depositor’s other accounts held at an FDIC-insured bank.

aggregate amount exceeding the $250,000 limit in 

noninterest-bearing transaction deposits declined by $70 

billion, or less than 5 percent. Table 1 shows the distribution of noninterest-bearing transaction accounts 

larger than $250,000 by institution asset size.

Total estimated insured deposits decreased by 18.7 

percent, to $6.0 trillion, during the first quarter primarily because of the expiration of the temporary unlimited 

insurance coverage on noninterest-bearing transaction 

accounts.4 Estimated insured deposits covered by the 

$250,000 insurance limit, however, increased by 2.6 

percent during the first quarter.

The Deposit Insurance Fund (DIF) increased by $2.8 

billion during the first quarter to $35.7 billion. Assessment income of $2.6 billion was primarily responsible 

for the increase. A negative provision for insurance 

losses of $499 million, as well as $85 million in other 

miscellaneous income and unrealized gains on available-for-sale securities, also added to the fund balance. 

Operating expenses subtracted $436 million from the 

fund balance. Four FDIC-insured institutions with 

combined assets of $459 million failed during the first 

quarter of 2013, at an estimated cost to the DIF of 

$116 million. For the 12 months ending March 31, 

2013, 39 insured institutions with combined assets of 

$7.3 billion failed, at an estimated cost to the DIF of 

$1.6 billion. The DIF’s reserve ratio was 0.59 percent 

on March 31, up from a revised 0.44 percent at yearend 2012. The expiration of unlimited insurance 

coverage for noninterest-bearing transaction accounts 

accounted for almost 12 basis points of the 15 basis 

point total increase in the reserve ratio.

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

minus average tangible equity.5 Revisions to insurance 

4

 Figures for estimated insured deposits in this discussion include 

insured branches of foreign banks, in addition to insured commercial 

banks and savings institutions.

5

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

■ Fund Balance Increases to $35.7 Billion

■ Insured Deposits Decline by 18.7 Percent With End of Temporary Unlimited 

Insurance for Noninterest-Bearing Transaction Accounts

■ DIF Reserve Ratio Rises 15 Basis Points to 0.59 Percent

■ Four Institutions Fail During First Quarter

INSURANCE FUND INDICATORS
FDIC Quarterly 16 2013, Volume 7, No. 2

assessment rates and risk-based pricing rules for large 

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

became effective on that date. The First Quarter 2010 

Quarterly Banking Profile includes a more detailed explanation of these changes. Table 2 shows the distribution 

of the assessment base as of March 31, by institution 

asset size category.

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

FDIC must make available to the public the DIF reserve 

ratio and the Designated Reserve Ratio (DRR) using 

both estimated insured deposits and the new assessment 

base. As of March 31, 2013, the DIF reserve ratio would 

have been 0.29 percent using the new assessment base 

(compared to 0.59 percent using estimated insured 

deposits), and the 2 percent DRR using estimated 

insured deposits would have been 1.0 percent using the 

new assessment base.

Author: Kevin Brown, Senior Financial Analyst

Division of Insurance and Research

(202) 898-6817

Table 1

Insured Commercial Banks and Savings Institutions as of March 31, 2013

Distribution of Noninterest-Bearing Domestic Deposits by Asset Size

Asset Size

Number of 

Institutions

Total Assets 

($ Bil.)

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 6,357 $1,396.9 $75.3 $47.8 $684 17 $129.7

$1 - $10 Billion 553 1,423.9 106.5 76.8 897 215 107.5

$10 - $50 Billion 73 1,451.1 110.6 89.1 1,287 1,177 102.4

$50 - $100 Billion 17 1,326.8 153.4 136.2 2,234 4,038 50.4

Over $100 Billion 19 8,825.9 1,232.9 1,122.1 2,783 23,319 375.4

Total 7,019 14,424.6 1,678.6 1,472.0 2,031 118 765.4

December 31, 2012 7,083 14,450.8 1,753.5 1,542.3 2,075 119 787.9

September 30, 2012 7,181 14,223.3 1,693.5 1,491.7 2,098 112 698.7

June 30, 2012 7,245 14,031.3 1,567.3 1,374.7 2,034 106 730.5

March 31, 2012 7,308 13,926.0 1,496.5 1,309.9 2,004 102 735.8

December 31, 2011 7,357 13,892.1 1,577.3 1,395.5 2,169 99 688.0

September 30, 2011 7,437 13,811.9 1,385.3 1,209.7 1,972 94 708.0

June 30, 2011 7,513 13,602.6 1,207.1 1,040.8 1,815 89 705.3

March 31, 2011 7,574 13,414.3 1,047.1 888.7 1,653 84 699.9

December 31, 2010 7,658 13,318.9 1,010.0 854.2 1,621 81 679.5

* The Dodd-Frank Act provided temporary unlimited coverage from 12/31/2010 through 12/31/2012 for noninterest-bearing transaction accounts. Beginning January 1, 2013, these accounts 

are no longer insured above the basic $250,000 coverage limit.

** 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 March 31, 2013

Asset Size

Number of 

Institutions

Percent of 

Total Institutions

Assessment Base** 

($ Bil.)

Percent of 

Base

Less than $1 Billion 6,357 90.6 $1,240.3 10.0 

$1 - $10 Billion 553 7.9 1,264.3 10.2 

$10 - $50 Billion 73 1.0 1,301.0 10.5 

$50 - $100 Billion 17 0.2 1,109.7 8.9 

Over $100 Billion 19 0.3 7,490.3 60.4 

Total 7,019 100.0 12,405.6 100.0 

* 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 17 2013, Volume 7, No. 2

Quarterly Banking Profile

DIF Reserve Ratios

Percent of Insured Deposits

0.06

0.12

0.17

0.22

0.32

0.44

-0.38 -0.28 -0.15 -0.12 -0.02

0.35

0.59

3/10 9/10 3/11 9/11 3/12 9/12 3/13

Table I-B. Insurance Fund Balances and Selected Indicators

(dollar figures in millions)

Deposit Insurance Fund*

1st 

Quarter 

2013

4th 

Quarter 

2012

3rd 

Quarter 

2012

2nd 

Quarter 

2012

1st 

Quarter 

2012

4th 

Quarter 

2011

3rd 

Quarter 

2011

2nd 

Quarter 

2011

1st 

Quarter 

2011

4th 

Quarter 

2010

3rd 

Quarter 

2010

2nd 

Quarter 

2010

1st 

Quarter 

2010

Beginning Fund Balance ..... $32,958 $25,224 $22,693 $15,292 $11,827 $7,813 $3,916 -$1,023 -$7,352 -$8,009 -$15,247 -$20,717 -$20,862

Changes in Fund Balance:

Assessments earned .............. 2,645 2,937 2,833 2,933 3,694 3,209 3,642 3,163 3,484 3,498 3,592 3,242 3,278

Interest earned on 

investment securities ...... -9 66 -8 81 20 33 30 37 28 39 40 64 62

Realized gain on sale of

investments ...................... 0 0 0 0 0 0 0 0 0 0 0

Operating expenses ............... 436 469 442 407 460 334 433 463 395 452 414 382 345

Provision for insurance 

losses ............................... -499 -3,344 -84 -807 12 1,533 -763 -2,095 -3,089 2,446 -3,763 -2,552 3,021

All other income, 

net of expenses ............... 55 1,878 57 4,095 63 2,599 83 80 66 48 94 55 22

Unrealized gain/(loss) on 

available-for-sale 

securities ......................... 30 -22 7 -108 160 40 -188 27 57 -30 163 -61 149

Total fund balance change ..... 2,784 7,734 2,531 7,401 3,465 4,014 3,897 4,939 6,329 657 7,238 5,470 145

Ending Fund Balance ........... 35,742 32,958 25,224 22,693 15,292 11,827 7,813 3,916 -1,023 -7,352 -8,009 -15,247 -20,717

Percent change from 

four quarters earlier ......... 133.73 178.67 222.85 479.49 NM NM NM NM NM NM NM N

Reserve Ratio (%) ................. 0.59 0.44 0.35 0.32 0.22 0.17 0.12 0.06 -0.02 -0.12 -0.1

Estimated Insured 

Deposits** .............................. 6,026,716 7,416,083 7,257,321 7,089,803 7,038,590 6,980,367 6,764,051 6,531,745 6,384,450 6,306,214 5,421,425 5,437,417 5,472,402

Percent change from 

four quarters earlier ......... -14.38 6.24 7.29 8.54 10.25 10.69 24.77 20.13 16.67 16.61 1.9

Domestic Deposits ............... 9,454,577 9,474,626 9,084,816 8,937,751 8,848,750 8,782,169 8,526,713 8,244,900 8,006,898 7,887,733 7,753,409 7,681,284 7,702,451

Percent change from 

four quarters earlier ......... 6.85 7.88 6.55 8.40 10.51 11.34 9.97 7.34 3.95 2.37 2

Number of institutions 

reporting ......................... 7,028 7,092 7,190 7,254 7,317 7,366 7,446 7,522 7,583 7,667 7,770 7,839 7,943

Deposit Insurance Fund Balance 

and Insured Deposits

($ Millions)

DIF 

Balance

DIF-Insured 

Deposits

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 6,306,214

3/11 -1,023 6,384,450

6/11 3,916 6,531,745

9/11 7,813 6,764,051

12/11 11,827 6,980,367

3/12 15,292 7,038,590

6/12 22,693 7,089,803

9/12 25,224 7,257,321

12/12 32,958 7,416,083

3/13 35,742 6,026,716

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

(dollar figures in millions) 2013*** 2012*** 2012 2011 2010 2009 2008

Problem Institutions

Number of institutions ������������������������������������������������������������ 612 772 651 813 884 702 252

Total assets����������������������������������������������������������������������������� $213,339 $292,083 $232,701 $319,432 $390,017 $402,782 $159,405

Failed Institutions

Number of institutions ������������������������������������������������������������ 4 16 51 92 157 140 25

Total assets ����������������������������������������������������������������������� $459 $4,768 $11,617 $34,923 $92,085 $169,709 $371,945

Assisted Institutions** ***

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

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

* 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 provided unlimited coverage for noninterest bearing transaction accounts for two years beginning December 31, 2010, and ending December 31, 2012

*** Through March 31

  Total assets are based on final Call Reports submitted by failed institutions

** ***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 18 2013, Volume 7, No. 2

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

(dollar figures in millions) 

March 31, 2013

Number of 

Institutions

Total 

Assets

Domestic 

Deposits*

Est. Insured 

Deposits

Commercial Banks and Savings Institutions

FDIC-Insured Commercial Banks ����������������������������������������������� 6,048 $13,362,554 $8,616,215 $5,306,241

 FDIC-Supervised ������������������������������������������������������������������� 3,978 2,119,808 1,648,884 1,252,901

 OCC-Supervised�������������������������������������������������������������������� 1,220 9,254,901 5,681,077 3,302,677

 Federal Reserve-Supervised������������������������������������������������� 850 1,987,844 1,286,254 750,663

FDIC-Insured Savings Institutions ���������������������������������������������� 971 1,061,997 810,347 695,689

 OCC-Supervised Savings Institutions ����������������������������������� 534 722,568 552,134 478,219

 FDIC-Supervised Savings Institutions����������������������������������� 437 339,429 258,212 217,471

Total Commercial Banks and Savings Institutions ���������������������� 7,019 14,424,552 9,426,562 6,001,931

Other FDIC-Insured Institutions

U.S. Branches of Foreign Banks ������������������������������������������������� 9 66,265 28,016 24,7

Total FDIC-Insured Institutions���������������������������������������������������� . 7,028 14,490,817 9,454,577 6,026,7

* Excludes $1.4 trillion in foreign office deposits, which are uninsure

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

Quarter Ending December 31, 2012 (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 1,319 18.60 $1,113 

5.01-7.50 2,514 35.45 2,412 1

7.51-10.00 1,624 22.90 4,809 3

10.01-15.00 939 13.24 3,630 2

15.01-20.00 46 0.65 122 

 20.01-25.00 525 7.40 163 

 25.01-30.00 12 0.17 128 

 30.01-35.00 104 1.47 26 

greater than 35.00 9 0.13 28 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 19 2013, Volume 7, No. 2

Quarterly Banking Profile

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. (TFR filers began filing Call Reports effective 

with the quarter ending March 31, 2012.) 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. (TFR 

filers began filing Call Reports effective with the quarter ending March 31, 2012.)

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

Indemnification Assets and Accounting Standards Update No. 2012-

06 – In October 2012, the FASB issued Accounting Standards 

Update (ASU) No. 2012-06, “Subsequent Accounting for an 

Indemnification Asset Recognized at the Acquisition Date as 

a Result of a Government-Assisted Acquisition of a Financial 

Institution,” to address the subsequent measurement of an 

indemnification asset recognized in an acquisition of a financial institution that includes an FDIC loss-sharing agreement. 

This ASU amends ASC Topic 805, Business Combinations 

(formerly FASB Statement No. 141 (revised 2007),”Business 

Combinations”), which includes guidance applicable to FDICassisted acquisitions of failed institutions.

Under the ASU, when an institution experiences a change in 

the cash flows expected to be collected on an FDIC loss-sharing indemnification asset because of a change in the cash 

flows expected to be collected on the assets covered by the 

loss-sharing agreement, the institution should account for the 

change in the measurement of the indemnification asset on 

the same basis as the change in the assets subject to indemnification. Any amortization of changes in the value of the 

indemnification asset should be limited to the lesser of the 

term of the indemnification agreement and the remaining life 

of the indemnified assets.

The ASU is effective for fiscal years, and interim periods within those fiscal years, beginning on or after December 15, 2012. 

For institutions with a calendar year fiscal year, the ASU takes 

effect January 1, 2013. Early adoption of the ASU is permitted. 

The ASU’s provisions should be applied prospectively to any 

new indemnification assets acquired after the date of adoption 

and to indemnification assets existing as of the date of adoption arising from an FDIC-assisted acquisition of a financial 

institution. Institutions with indemnification assets arising 

from FDIC loss-sharing agreements are expected to adopt ASU 

2012-06 for Call Report purposes in accordance with the effective date of this standard. For additional information, refer to 

ASU 2012-06, which is available at http:// www.fasb.org/jsp/

FASB/Page/SectionPage&cid=1176156316498.
FDIC Quarterly 20 2013, Volume 7, No. 2

ed 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, 

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.” Consistent with ASC Subtopic 310-10, TDRs 

may be aggregated and measured for impairment with other 

impaired loans that share common risk characteristics by using 

historical statistics, such as average recovery period and 

average amount recovered, along with a composite effective 

interest rate. The outcome of such an aggregation approach 

must be consistent with the impairment measurement methods prescribed in ASC Subtopic 310-10 and Call Report 

instructions for loans that are “individually” considered 

impaired instead of the measurement method prescribed in 

ASC Subtopic 450-20, Contingencies – Loss Contingencies 

(formerly FASB Statement No. 5, “Accounting for Contingencies”) for loans not individually considered impaired that 

are collectively evaluated for impairment. When a loan not 

previously considered individually impaired is restructured and 

determined to be a TDR, absent a partial charge-off, it generally is not appropriate for the impairment estimate on the loan 

to decline as a result of the change from the impairment measurement method prescribed in ASC Subtopic 450-20 to the 

methods prescribed in ASC Subtopic 310-10.

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 are 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 was 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 

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 accept-
FDIC Quarterly 21 2013, Volume 7, No. 2

Quarterly Banking Profile

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.

ASC Topic 715 (formerly FASB Statement No. 158 Employers’ 

Accounting for Defined Benefit Pension and Other Postretirement 

Plans) – refer to previously published Quarterly Banking Profile

notes: http://www2.fdic.gov/qbp/2011mar/qbpnot.html.

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.

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 was 

effective for public companies for interim and annual periods 

beginning on or after June 15, 2011, and should have been 

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 should have been 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 took effect 

January 1, 2012.) Early adoption of the ASU was 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 

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.
FDIC Quarterly 22 2013, Volume 7, No. 2

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 – refer to previously published 

Quarterly Banking Profile notes: http://www2.fdic.gov/

qbp/2011sep/qbpnot.html.

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 are 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.

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.

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 

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.
FDIC Quarterly 23 2013, Volume 7, No. 2

Quarterly Banking Profile

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 amended 

the Federal Deposit Insurance Act to include noninterestbearing transaction accounts as a new temporary deposit 

insurance account category. All funds held in noninterestbearing transaction accounts were 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.

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.

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.
FDIC Quarterly 24 2013, Volume 7, No. 2

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.

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.

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).

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 reporters – 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. (TFR filers began filing Call Reports effective 

with the quarter ending March 31, 2012.)

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.
FDIC Quarterly 25 2013, Volume 7, No. 2

Quarterly Banking Profile

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 risk-based assessment.

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 risk-based 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 zeropercent 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 offbalance-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. 

(TFR filers began filing Call Reports effective with the quarter ending March 31, 2012.)

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.

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 

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.
FDIC Quarterly 26 2013, Volume 7, No. 2

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.

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.

Small Business Lending Fund – The Small Business Lending 

Fund (SBLF) was enacted into law in September 2010 as part 

of the Small Business Jobs Act of 2010 to encourage lending 

to small businesses by providing capital to qualified 

community institutions with assets of less than $10 billion. 

The SBLF Program is administered by the U.S. Treasury 

Department (http://www.treasury.gov/resource-center/

sb-programs/Pages/Small-Business-Lending-Fund.aspx). 

Under the SBLF Program, the Treasury Department 

purchased noncumulative perpetual preferred stock from 

qualifying depository institutions and holding companies 

(other than Subchapter S and mutual institutions). When 

this stock has been 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 

issued these debentures 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 participate in the SBLF Program, an 

institution with outstanding securities issued to the Treasury 

Department under the Capital Purchase Program (CPP) was 

required to refinance or repay in full the CPP securities at the 

time of the SBLF funding. Any outstanding warrants that an 

institution issued to the Treasury Department under the CPP 

remain outstanding after the refinancing of the CPP stock 

through the SBLF Program unless the institution chooses to 

repurchase them.

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