t First Quarter 1995 

P• 

' 

FDIC 

Division of Research 

& Statistics 

Don Inscoe 

Associate Director, 

Statistics Branch 

(202) 898-3940 

Tim Critchfield 

(202) 898-8557 

Jim McFadye11 

(202) 898-7027 

Ross Waldrop 

.

198-3951 

-The FDIC

u arte r 1 y: _______ R_lc_kl_H_elf_ e_r, C_h_al_mr _an_

·anking Rofile

COMMERCIAL BANKING PERFORMANCE - FIRST QUARTER 1995 

• Commercial Banks Earn $11. 1 Billion In First Quarter

• Noncurrent Loans Register First Increase In Four Years

• Commercial Loan Growth Sets Quarterly Record

• Mergers Absorb 228 Banks

Insured commercial banks reported $11.13 billion in net income in the first quarter of 1995. A 

year ago, industry earnings totaled $11.06 billion. This small increase in earnings was attributable to higher net interest income. Earnings 

growth was limited by a decline of almost $1 

billion in gains and fees from trading accounts, 

a $651-million reduction in income from securities sales, and by the lack of significant reductions in provisions for future loan losses which 

$ Billions 

Quarterly Net Income 

1991 -1995 

14 r-----,-----,-------,------, 

II Securities and Other Gains, Net 

12 I D Net Operating Income 

10 

11.8 

1 2 3 4 1 234 1 2 3412341

1991 1992 1993 1994 1995 

helped propel earlier earnings improvements. The average return on assets (ROA) for 

the quarter was 1.10 percent, compared to 1.17 

percent a year ago. The decline in profitability 

was concentrated among institutions with assets of $1 billion or more, where the impact of 

poor results from trading accounts was most 

acute. Average ROAs of banks with less than 

$1 billion in assets showed modest improvements from a year ago. Almost 97 percent of all 

banks were profitable in the first quarter. Banks 

in the North'ilast and Southwest Regions were 

the only groups to register a year-to-year drop 

in net income. 

Higher net interest income was the main source 

of improved industry profits. Net interest income, at $37.7 billion, was $2.5 billion higher 

than a year earlier. Loan income of $52.8 billion 

was more than $9 billion (20.3 percent) higher 

than a year ago, reflecting strong loan growth 

(12.1 percent) over the past 12 months. Total 

interest-earning assets were 6.4 percent above 

the level of a year ago. The industry's average 

Quarterly Net Interest Margins 

1991 -1995 

Nel lnteresl Margin(%) 

5.0 

Assets <$100 Million 4.80% 

4.5 

/ -� ...... -......... V -, 

/ i\ I V

r-,. / 

... ....... .

........ I _.,... �----

..... •

'" ····,.

-·· .. 

.• 

.. 

.· 

--··· 

..-· Assets >$100 Million 4. 7% 

�-0 ,,. .... 

3.5 

1234123 4 1 2 3 4 1 2 341

1991 1992 1993 1994 1995 

Requests for copies of and subscriptions to the FDIC Quarterly Banking Profile should be made through the FD/C's 

Office of Corporate Communications, 550 17th Street, NW, Washington, DC 20429; telephone (202) 898-6996. 

Internet address: World Wide Web, www.fdic.gov. or Gopher, gopher.fdic.gov. 
---- --
 

4th Qtr 

net interest margin declined for a second consecutive 

quarter as asset yields rose more slowly than funding 

costs; however, it remained 5 basis points higher than 

in the first quarter of 1994. 

Noninterest income was only $607 million above the 

level of a year ago, as lower gains and fees from 

trading activities were offset by an increase in other fee 

income. Lower provisions for future loan losses contributed only $33 million to the improvement in pre-tax 

earnings. The $2.7 billion loan-loss provision was the 

second-lowest quarterly total in the last 11 years, after 

the $2.6 billion provision taken in the second quarter 

of 1994. After three years of steady declines, industry 

loan-loss provisions may have little room left for further 

significant declines. 

Quarterly Increase in Loans 

1993 -1995 

$ Billions 

100--- - -

All Olher Loans 

Reil Est I Loa.:n1 S77.9 

75 • Ccmmeretal L.oan• 

sas., 

60..2 

50 

25 

0 

4th Qtr 1st Qtr 2nd Qlr 3rd Qtr 

1993 1994 1994 1994 1994 

1st Qlr 

1995 

Trading account assets increased by $61 .9 billion 

(31.9 percent) in the quarter, due primarily to $58.6 

billion in revaluation gains on off-balance-sheet contracts. More than three-quarters of the growth in thes, 

assets occurred at six large banks, with much of the 

increase occurring in their foreign offices. Banks' securities holdings declined for the fourth consecutive 

quarter, falling by $9.7 billion. Reductions in mortgagebacked securities accounted for $6.7 billion of the 

decrease. 

Total deposits at commercial banks fell by $11.8 billion, 

due to declines in demand and savings deposits in 

domestic offices. Deposits in foreign offices and time 

deposits in domestic offices both increased. Nondeposit liabilities increased by $105.6 billion, with almost 

two-thirds (63.7 percent) of the increase attributable to 

a $67.2-billion jump in trading account liabilities. The 

growth in these liabilities reflected a $60.1-billion increase in revaluation losses on off-balance-sheet contracts. Most of the increase in trading account liabilities 

was concentrated in a few large banks. 

Quarterly Change in Noncurrent Loans and Leases 

1991 -1995 

($ Billions) 

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

Total loans held by commercial banks rose by $65.1 

billion in the first quarter. Commercial and industrial 

loans grew by $32.7 billion, the largest quarterly 

increase registered in the more than 20 years that 

banks have reported quarterly loan amounts. Growth 

in commercial loans was evident in all regions, but the 

largest share of the increase occurred at banks in the 

Northeast Region, where commercial and industrial 

loans were up by $10.6 billion. Real estate loans held 

by commercial banks increased by $22.3 billion, surpassing $1 trillion for the first time. Much of the growth 

was in 1-4 family residential mortgage loans (up $14.2 

billion). Loans secured by commercial properties rose 

by $5.6 billion. Overall loan growth was strongest at 

Southeast Region banks, where loans grew by $25.0 

billion (6.2 percent) in the first quarter. 

1991 1992 1993 1994 1995 

Although noncurrent loans increased for the first time 

since the first quarter of 1991, they remain $50 .9 billion 

below the peak level of $83.2 billion at the end of 

March, 1991. Most of the $1.6-billion increase was in 

noncurrent real estate loans, which rose by $1 .1 billion. 

A substantial portion of the increase in noncurrent real 

estate loans resulted from a new accounting rule 

(FASB 114) that caused some banks to report as 

nonaccrual loans assets that were previously reported 

as other real estate owned (OREO). Weakness was 

evident in loans secured by commercial properties and 

loans secured by multifamily residential properties, 

FDIC Quarterly Banking Profile 

FDIC-Insured Commercial Banks 2 First Quarter 1995 
particularly at large banks in the Northeast Region. 

Banks increased their loan-loss reserves by $654 

. million, but the industry's "coverage ratio" fell to $1.63 

)f reserves for every $1 .00 of noncurrent loans, ending 

a string of 15 consecutive quarters in which the ratio 

had increased. 

Equity capital registered a large increase of $12.1 

billion in the first quarter. One-third of the growth was 

attributable to new GAAP accounting rules that became effective last year. Banks' unrealized losses 

on available-for-sale securities, which under the new 

rules are deducted from equity capital, shrank by $6.3 

billion during the quarter, producing a $4.1-billion 

boost (net of tax effects) to equity capital. 

At the end of the quarter, there were 10,241 commercial banks reporting financial results, a net decline of 

209 institutions from year-end 1994. The number of 

banks absorbed through unassisted mergers and consolidations rose to 228, the largest quarterly total on 

record. More than 80 percent of the mergers resulted 

from consolidations within bank holding companies. 

There were 22 new banks chartered, while only three 

banks failed in the quarter. At the end of the first 

quarter, there were 215 commercial banks with combined assets of $27 billion on the FDIC's "Problem 

List," a net reduction of 32 banks and $6 billion in 

assets since year-end 1994. 

Commercial and Industrial Loan Growth Rates* 

March 31, 1994 - March 31, 1995 

Midwest Central 

• -.. 

.. 

Hawaii 

19.0 -

D Less than 0% 

D o%tos% 

IZE:l 5% to 10% 

- Greater than 10% 

Puerto Rico 

21.0 

* Some growth rates have been adjusted to reflect significant interstate 

migrations. See Notes to Users pp. 21-23. 

FDIC Quarterly Banking Profile 

First Quarter 1995 3 FDIC-Insured Commercial Banks 
7.45 

7.65 

2.73 

35.44 

3.47 

$53 $33 $342 

TABLE I-A. Selected Indicators, FDIC-Insured Commercial Banks 

1995* 1994* 1994 1993 1992 1991 1990 

Return on assets (%) ................................................. 1.10 1.17 1.15 1.20 0.93 0.53 0.48 

Return on equity(%) .............................•................... 14.00 14.81 14.61 15.34 12.98 7.94 

Core capital (leverage) ratio(%) ............................... 

Noncurrent assets plus 

7.67 7.62 7.64 7.20 6.48 6.17 

other real estate owned to assets(%) ..................... 0.99 1.46 1.01 1.61 2.54 3.02 2.94 

Net charge-offs to loans (%) ...................................... 0.38 0.48 0.50 0.85 1.27 1.59 1.43

Asset growth rate (%) ................................................ 7.10 9.38 8.21 5.72 2.19 1.21

Net interest margin (%) ...........................................•. 4.31 4.27 4.36 4.40 4.41 4.11 3.94

Net operating income grow1h (%) .............................. 4.23 28.90 16.14 92.41 -0.63 2.53 

Number of institutions reporting ................................ 10,241 10,839 10,450 10,958 11,462 11,921 12,343

Percentage of unprofitable institutions ...................... 4.22 3.88 4.87 6.85 11.60 13.44 

Number of problem institutions .................................. 215 383 247 426 787 1,016, 1,012 

Assets of problem institutions (in billions) ................. $27 $242 $408 $528

Number of failed/assisted institutions ........................ 3 0 11 42 100 108 159 

*Through March 31, ratios annualized where appropriate. Asset grow1h rates are for 12 months ending March 31. 

TABLE II-A. Aggregate Condition and Income Data, FDIC-Insured Commercial Banks 

(dollar figures in millions) 

Number of institutions reporting .....................•......................... 

Preliminary 

1st Quarter 

1995 

10,241 

4th Quarter 1st Quarter 

1994 1994 

10,450 10,839 

%Change 

94:1-95:1 

-5.5 

Total employees (full-time equivalent) .................................... . 

CONDITION DATA 

1,474,068 1,489,176 1,488,495 -1.0 

Total assets ...................... ..................................................... . $4,116,089 $4,010,469 $3,843,252 7.1 

Loans secured by real estate ........................................... . 1,020,063 997,730 923,050 10.5 

Commercial & industrial loans .......•.............................•..... 621,877 589,156 549,120 13.3 

Loans to individuals ....................................................•...... 489,847 487,104 421,784 16.1 

Farm loans ........................................................................ . 37,327 39,170 36,004 3.7 

Other loans & leases ........................................................ . 260,582 251,375 239,155 9.0 

Less: Unearned income .................................................... . 6,148 6,351 6,202 -0.9 

Total loans & leases ..............................................•..........•.. 2,423,549 2,358,184 2,162,911 12.1 

Less: Reserve for losses .................................................... . 52,773 52,119 52,871 -0.2 

Net loans & leases ................................................................ . 2,370,776 2,306,065 2,110,040 12.4 

Securities ............................ ............................. , .................. .. 813,270 822,930 855,503 -4.9 

Other real estate owned ....................................................... . 7,934 9,567 14,962 -47.0 

Goodwill and other intangibles ............................................. . 26,265 23,999 18,421 42.6 

All other assets ..................................................................... . 897,845 847,908 844,327 6.3 

Total liabilities and capital. ...........................•....................•...... 4,116,089 4,010,469 3,843,252 7.1 

Noninterest-bearing deposits ................................................ . 530,322 572,310 549,674 -3.5 

Interest-bearing deposits ...................................................... . 2,332,240 2,302,050 2,207,296 5.7 

Other borrowed funds ........................................................... . 616,352 591,078 538,377 14.5 

Subordinated debt... ............................................................. . 40,896 40,747 37,227 9.9 

All other liabilities ..........................•........... ............................ 272,105 192,168 209,897 29.6 

Equity capital ........................................................................ . 324,175 312,116 300,780 7.8 

Loans and leases 30-89 days past due ................. ................ . 30,581 28,110 29,436 3.9 

Noncurrent loans and leases . .....................................•........... 32,320 30,733 40,451 -20.1 

Restructured loans and leases ............................................... . 5,492 6,449 6,190 -11.3 

Direct and indirect investments in real estate ........................ .. 586 610 606 -3.4 

1-4 Family residential mortgages ........................................... . 583,183 568,964 514,087 13.4 

Mortgage-backed securities ................................................... . 320,418 327,121 332,292 -3.6 

Earning assets ........................................................................ . 3,523,281 3,470,002 3,312,418 6.4 

Long-term assets (5+ years) .................................•................. 546,837 544,712 534,103 2.4 

Volatile liabilities .......................................................•.............. 1,222,388 1,174,266 1,042,999 17.2 

Foreign office deposits ........................................................... . 442,305 431,915 355,877 24.3 

Unused loan commitments ..................................................... . 1,891,713 1,775,567 1,525,468 24.0 

Off-balance-sheet derivatives ................................................. . 17,991,680 15,773,069 13,916,930 29.3 

INCOME DATA 

Total interest income .............................. . 

Total interest expense .......................................... . 

Net interest income ...................................•......... 

Provision for loan losses ...................................... . 

Total noninterest income ..................................... . 

Total noninterest expense ................................... . 

Securities gains (losses) .... ............................. .. 

Applicable income taxes ................................... . 

Extraordinary gains, net ...................................... . 

Net income ........................................................ .. 

Net charge-offs ..................................................... . 

Cash dividends ..................................................... . 

Net operating income ......................................... . 

Full Year 

1994 

Full Year 

1993 %Change 

Preliminary 

1st Qtr 

1995 

1st Qtr 

1994 

%Change 

94:1-95:1 

$257,800 

111,264 

146,537 

10,942 

76,270 

144,225 

(572) 

22.421 

(15) 

44,632 

11,237 

28,080 

45,040 

$245,056 

105,742 

139,314 

16,813 

74,954 

139,692 

3,061 

19,834 

2,070 

43,059 

17,515 

22,029 

38,782 

5.2 

5.2 

5.2 

-34.9 

1.8 

3.2 

NIM 

13.1 

NIM 

$72,394 

34,695 

37,699 

2,689 

19,178 

37,020 

(93) 

$60,616 

25,421 

35,196 

2,722 

18,571 

34,600 

558 

3.7 

-35.8 

27.5 

16.1 

5,978 

35 

11,132 

2,287 

6,284 

11,171 

5,907 

(38) 

11,058 

2,599 

5,204 

10,718 

19.4 

36.5 

7.1 

-1.2 

3.3 

7.0 

NIM 

1.2 

NIM 

0.7 

-12.0 

20.7 

4.2 

NIM - Not meaningful 

FDIC Quarterly Banking Profile 

FDIC-Insured Commercial Banks 4 First Quarter 1995 
- -

- - - -

- - - -

2.4 

4.3 

7.8 

4.9 

0.7 

1.5 

43 

3.59 

7.94 

TABLE Ill-A. First Quarter 1995, FDIC-Insured Commercial Banks 

Asset Size Distribution GeoQraphic Distribution by ReQion 

Less $100 Million $1 Billion Greater East West I 

FIRST QUARTER Preliminary All than $100 to to than $10 North- South- Mid- South-

(The way it is . . . ) Institutions Million $1 Billion $1 O Billion Billion east east Central west west West I 

Number of institutions reporting ................ 10,241 7,122 2,725 331 63 830 1,696 2,237 2,566 1,828 1,084 

Ð..,tal assets (in billions) ............................. $4,116.1 $310.3 $667.8 $1,077.0 $2,061.0 $1,597.9 $682.0 $665.0 $261.3 $306.6 $603.3 

,I deposits (in billions) .......................... 2,862.6 270.1 559.0 763.6 1,269.8 979.2 503.0 484.3 198.1 248.4 449.6 

. income (in millions) ............................. 11,132 905 2,053 3,471 4,704 3,624 1,884 1,911 916 829 1,969 

,o of unprofitable institutions ..................... 3.5 4.0 2.1 4.8 4.9 3.1 3.8 2.3 2.0 7.7

% of institutions with earnings gains ......... 

Performance Ratios (annualized, %) 

Yield on earning assets ............................. 

Cost of funding earning assets .................. 

Net interest margin .................................... 

Noninterest income to earning assets ....... 

Noninterest expense to earning assets ..... 

Net operating income to assets ................. 

Return on assets ....................................... 

Return on equity ........................................ 

Net charge-offs to loans and leases .......... 

Loan loss provision to net charge-offs ...... 

Condition Ratios(%) 

Loss allowance to: 

Loans and leases .................................... 

Noncurrent loans and leases .................. 

Noncurrent assets plus 

other real estate owned to assets ........... 

Equity capital ratio ..................................... 

Core capital (leverage) ratio ...................... 

Net loans and leases to deposits .............. 

59.8 

8.28 

3.97 

4.31 

2.19 

4.24 

1.10 

1.10 

14.00 

0.38 

117.62 

2.18 

163.28 

0.99 

7.88 

7.67 

82.82 

58.6 

8.16 

3.36 

4.80 

1.18 

3.95 

1.20 

1.17 

11.63 

0.15 

180.11 

1.67 

147.68 

0.88 

10.23 

10.35 

62.99 

63.2 

8.24 

3.42 

4.82 

1.47 

3.99 

1.25 

1.23 

13.66 

0.31 

130.95 

1.71 

155.19 

0.91 

9.22 

9.19 

70.79 

55.0 

8.49 

3.83 

4.66 

2.45 

4.37 

1.31 

1.29 

15.82 

0.50 

140.36 

2.11 

183.61 

0.90 

8.32 

7.98 

90.12 

63.5 

8.20 

4.36 

3.84 

2.49 

4.30 

0.92 

0.94 

13.53 

0.37 

90.72 

2.46 

157.83 

1.07 

6.86 

6.58 

87.94 

63.3 

8.48 

4.52 

3.96 

2.68 

4.47 

0.91 

0.93 

12.73 

0.59 

110.22 

2.62 

137.56 

1.24 

7.25 

7.16 

84.28 

65.9 

8.05 

3.77 

4.28 

1.69 

3.90 

1.13 

1.12 

14.15 

0.23 

112.94 

1.77 

201.68 

0.73 

7.97 

7.72 

83.82 

60.3 52.5 57.5 67.4 

8.11 8.35 7.70 8.55 

3.93 3.76 3.35 3.32 

4.19 4.60 4.35 5.23 

1.56 2.45 1.73 2.43 

3.58 4.36 4.20 4.77 

1.17 1.43 1.12 1.34 

1.15 1.40 1.09 1.32 

14.41 16.34 13.11 15.69 

0.21 0.41 0.16 0.37 

157.11 110.93 116.97 125.19 

1.73 1.84 1.62 2.50 

200.39 216.84 182.03 169.26 

0.65 0.67 0.66 1.28 

8.14 8.75 8.45 8.46 

7.99 8.70 8.23 7.85 

84.02 80.13 65.21 88.13 

Growth Rates (year-to-year,%) 

4.6 

Assets ....................................................... 7.1 - - - - 6.7 12.1 6.3 3.3 6.9 

Equity capital ............................................. . - 8.6 11.9 7.2 5.0 5.3

6.7 

Net interest income ................................... 7.1 ·- - - - 5.5 10.6 

Net income ........•.......... , ............................ -10.6 4.6 

4.8 7.0 10.2 

2.7 -8.5 21.9 

ncurrent assets plus 

,her real estate owned ........................... -27.6 . . - . -31.0 -16.5 -20.9 -28.1 -18.4 -30.2 

,Ñet charge-offs .......................................... -12.0 . - - - -14.6 13.7 -16.2 

Loan loss provision ................................... -1.2 -7.4 14.0 -8.2 

10.2 171.5 -28.5 

203.2 3.8 

PRIOR FIRST QUARTERS 

(The way it was ... ) 

Number of institutions ....................... 1994 10,839 7,673 2,787 325 54 870 1,806 2,383 2,686 1,920 1,174 

......................................... 1992 11,805 8,659 2,777 318 51 967 1,914 2,612 2,859 2,088 1,365 

......................................... 1990 12,596 9,613 2,613 327 1,084 1,960 2,808 2,987 2,285 1,472 

Total assets (in billions) ..................... 1994 

......................................... 1992 

......................................... 1990 

Return on assets {%) ........................ 1 994 

......................................... 1992 

......................................... 1990 

Net charge-offs to loans & leases {%) 

......................................... 1994 

......................................... 1992 

......................................... 1990 

Noncurrent assets plus 

$3,843.3 

3,435.8 

3,317.9 

1.17 

0.87 

0.76 

0.48 

1.24 

1.30 

$330.6 ' 350.5 

363.4 

1.14 

1.08 

0.80 

0.13 

0.42 

0.48 

$682.2 

676.6 

627.6 

1.19 

1.02 

0.88 

0.27 

0.61 

0.60 

$1,062.5 

1,031.0 

1,044.7 

1.43 

1.01 

0.69 

0.68 

1.50 

1.41 

$1,767.9 Ò1,497.3 

1,377.8 1,287.5 

1,282.2 1,307.6 

1.01 1.12 

0.65 0.76 

0.74 0.50 

0.50 0.74 

1.52 1.77 

1.75 1.93 

$608.3 

528.4 

490.9 

1.20 

0.96 

0.75 

0.24 

0.84 

0.71 

$625.9 

559.7 

531.9 

$250.6 

235.3 

211.6 

$296.8 

272.8 

263.2 

$564.4 

552.1 

512.8 

1.16 

1.06 

0.87 

1.42 

1.28 

1.16 

1.23 

1.09 

0.44 

1.16 

0.60 

1.30 

0.28 

0.75 

1.10 

0.41 

0.75 

0.91 

0.07 

0.77 

1.19 

0.58 

1.28 

0.71 

OREO to assets (%) ...................... 1994 1.46 1.02 1.24 1.36 1.69 1.91 0.98 0.87 0.97 0.84 

......................................... 1992 3.03 1.67 2.09 2.78 4.02 4.15 2.16 1.68 1.56 2.28 

......................................... 1990 2.37 1.81 1.91 1.95 3.10 3.10 1.43 1.29 1.47 3.23 

Equity capital ratio (%) ...................... 1994 7.83 9.85 8.87 8.27 6.78 7.12 7.99 8.07 8.72 8.31 8.60 

7.63 

......................................... 1992 6.96 9.23 

......................................... 1990 6.38 8.99 

7.24 5.69 6.28 7.26 7.59 8.21 7.04 7.04 

6.50 4.94 5.57 7.10 7.02 7.84 6.36 6.50 

REGIONS: Northeast-Connecticut, Delaware, District of Columbia, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Puerto Rico, Rhode Island, Vermont, U.S. Virgin islands 

Southeast-Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, West Virginia 

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

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

Southwest-Arkansas, Louisiana, New Mexico, Oklahoma, Texas 

West-Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, Oregon, Pacific Islands, Utah, Washington, Wyoming 

FDIC Quarterly Banking Profile 

First Quarter 1995 5 FDIC-Insured Commercial Banks 

1.96 

2.48 
- - - -

- - - -

- - - - - - -

6.7 

3.7 5.7 

55 

7.37 

4.35 4.75 5.21 

7.79 

3.7 7.0 

1.9 

0.99 

16,047 

TABLE IV-A. Full Year 1994, FDIC-Insured Commercial Banks 

Asset Size Distribution Geographic Distribution by Region 

Less $100 Million $1 Billion Greater East West I 

All than $100 to to than $10 North- South- Mid- SouthInstitutions Million $1 Billion $10 Billion Billion east east Central west west West I 

Number of institutions reporting ................ 10,450 7,258 2,800 328 64 834 1,740 2,272 2,622 1,857 1,125 

Total assets (in billions) ............................. $4,010.5 $315.9 $682.9 $1,072.3 $1,939.4 $1,544.9 $646.2 $659.5 $262.3 $304.6 $593 

Total deposits (in billions) .......................... 2,874.4 275.6 572.9 766.7 1,259.2 990.8 486.8 491.2 201.0 250.9 453. 

Net income (in millions) ............................. 44,632 3,473 7,887 13,426 19,847 7,332 7,171 3,702 3,329 7,051 

% of unprofitable institutions ....................• 3.9 4.3 2.8 3.7 1.6 3.7 3.3 1.8 2.9 9.8 

% of institutions with earnings gains ......... 54.2 51.8 59.0 65.5 56.3 66.4 63.2 50.9 49.0 43.7 67.1 

Performance Ratios (%) 

Yield on earning assets ............................. 7.67 7.63 7.64 7.63 7.71 8.06 7.27 7.78 6.98 7.78

Cost of funding earning assets .................. 3.31 2.90 2.87 3.00 3.74 4.03 3.02 3.07 3.03 2.68 2.56 

Net interest margin .................................... 4.36 4.73 4.78 4.63 3.97 4.03 4.20 4.30

Noninterest income to earning assets ....... 2.27 1.19 1.44 2.47 2.67 2.90 1.67 1.57 2.44 1.69 2.38 

Noninterest expense to earning assets ..... 

Net operating income to assets ................. 

Return on assets ....................................... 

Return on equity ........................................ 

Net charge-offs to loans and leases .......... 

Loan loss provision to net charge-offs ...... 

Condition Ratios (%) 

Loss allowance to: 

Loans and leases .................................... 

Noncurrent loans and leases .................. 

·Noncurrent assets plus 

other real estate owned to assets ........... 

Equity capital ratio ................................•.... 

4.29 

1.16 

1.15 

14.61 

0.50 

97.37 

2.21 

169.59 

1.01 

7.78 

3.96 

1.14 

1.12 

11.29 

0.24 

128.62 

1.66 

155.49 

0.86 

9.84 

4.00 

1.21 

1.19 

13.44 

0.37 

111.20 

1.70 

154.59 

0.92 

8.79 

4.41 

1.34 

1.31 

16.03 

0.54 

114.20 

2.09 

184.27 

0.90 

7.94 

4.39 

1.05 

1.06 

15.01 

0.57 

82.01 

2.56 

168.37 

1.13 

7.01 

4.57 

1.06 

1.07 

14.70 

0.75 

94.13 

2.70 

149.33 

1.28 

7.33 

3.86 

1.19 

1.18 

14.77 

0.27 

109.54 

1.73 

206.73 

0.72 

7.84 

3.65 4.40 4.06 4.87 

1.16 1.47 1.15 1.26 

1.13 1.46 1.12 1.24 

14.07 16.79 13.46 14.42 

0.29 0.46 0.16 0.58 

117.96 111.03 104.17 84.68 

1.75 1.84 1.65 2.52 

201.70 212.67 191.49 165.79 

0.66 0.68 0.67 1.33 

7.87 8.43 8.15 8.33 

Core capital (leverage) ratio ...................... 7.64 10.14 8.93 7.91 6.64 7.19 7.73 7.84 8.69 8.16 

Net loans and leases to deposits .............. 80.23 62.48 70.00 87.34 84.44 81.79 81.60 80.76 77.81 62.84 85.46 

Growth Rat13s (year-to-year,%) 

Assets ......................................................• 8.2 - . . . 10.4 8.7 7.7 4.4 . . . . . * . Equity capital ............................................. 

Net ihterest income ................................... 5.2 6.6 6.6 8.6 3.2 3.8

Net income ................................................ . . . . 8.3 -5.7 5.7 -16.2 17.0

Noncurrent assets plus 

other real estate owned ........................... -32.1 

Net charge-offs .......................................... -35.8 

Loan loss provision ................................... -34.9 

PRIOR FULL YEARS 

T . . -34.5 -27.2 -23.7 -28.5 -24.4 -35.2 

-37.9 -28.4 -38.2 -17.1 -37.9 -36.5 

-34.5 -32.8 -39.5 -19.3 42.1 -42.9 

(The way it was ... ) 

Number of institutions ....................... 1993 10,958 7,789 2,787 327 878 1,818 2,412 2,706 1,937 1,207 

......................................... 1991 

......................................... 1989 

Total assets (in billions) ..................... 1993 

......................................... 1991 

......................................... 1989 

Return on assets (%) ........................ 1993 

......................................... 1991 

11,921 

12,709 

$3,706.2 

$3,430.6 

$3,299.4 

1.20 

0.53 

8,798 

9,724 

$335.1 

$353.8 

$365.6 

1.14 

0.76 

2,755 

2,607 

$676.9 

$674.5 

$625.6 

1.17 

0.74 

319 

334 

$1,063.7 

$1,050.1 

$1,056.1 

1.32 

0.55 

49 994 

44 1,086 

$1,630.5 $1,399.6 

$1,352.2 $1,285.5 

$1,252.1 $1,292.2 

1.16 1.12 

0.35 0.27 

1,924 

1,964 

$594.8 

$514.6 

$483.9 

1.20 

0.62 

2,634 2,881 2,103 1,385 

2,838 3,016 2,325 1,480 

$612.4 $251.3 $293.8 $554.3 

$568.4 $232.9 $270.3 $558.9 

$534.3 $214.2 $267.4 $507.4 

1.28 1.44 1.40 1.11 

0.86 1.05 0.65 0.44 

......................................... 1989 0.49 0.77 0.89 0.63 0.10 -0.02 0.88 0.99 1.00 -0.09 

Net charge-offs to loans & leases (%) 

......................................... 1993 0.85 0.35 0.51 0.92 1.02 

......................................... 1991 1.59 0.69 0.97 1.68 2.01 

......................................... 1989 1.16 0.76 0.75 1.05 1.55 

Noncurrent assets plus 

OREO to assets (%) ...................... 1993 1.61 1.05 1.29 1.43 1.97 

......................................... 1991 3.02 1.63 2.07 2.81 4.01 

......................................... 1989 2.30 1.76 1.73 1.86 3.12 

Equity capital ratio (%) ...................... 1993 8.00 9.76 8.74 8.13 7.25 

......................................... 1991 6.75 9.09 7.78 6.94 5.48 

......................................... 1989 6.21 8.92 7.46 6.12 4.86 

1.27 

2.33 

1.32 

2.16 

4.20 

2.83 

7.48 

6.06 

5.55 

0.43 

1.23 

0.60 

1.08 

2.21 

1.23 

8.02 

7.24 

6.93 

0.51 0.61 0.28 0.96 

0.88 1.06 1.26 1.32 

0.91 1.19 1.93 1.18 

0.93 0.99 0.92 2.19 

1.64 1.54 2.39 3.38 

1.18 1.41 4.41 2.41 

8.12 8.68 8.26 8.73 

7.31 8.12 6.87 6.72 

6.86 7.62 5.55 6.26 

*New accounting rules and/or reporting detail became effective March 31, 1994. See Notes to Users, pp. 21-23. 

FDIC Quarterly Banking Profile 

FDIC-Insured Commercial Banks 6 First Quarter 1995 
3.97 

94.5 

7.0 

33.4 73.7 

3.9 2.3 

339 73 74 

779 774 

99 35 

345 47 

45 43 

377 

TABLE V-A. Loan Performance, FDIC-Insured Commercial Banks 

Asset Size Distribution Geographic Distribution by Region 

Less $100 Million $1 Billion Greater East I West 

March 31, 1995 All than $100 to to than $10 North- South- I Mid- SouthInstitutions Million $1 Billion $10 Billion Billion east east Central west west West 

0.ercent of Loans 30-89 Days Past Due 

loans secured by real estate .............................. ( .onstruction and development... ........................... 

Commercial real estate ......................................... 

Multifamily residential real estate .......................... 

1-4 Family residential* ........................................... 

Home equity loans ................................................. 

Loans to individuals ................................................. 

Commercial and industrial loans ............................ 

All other loans and leases (including farm) ............. 

Memo: Commercial RE loans not secured by RE ... 

Percent of Loans Noncurrent*** 

All real estate loans ................................................. 

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

Commercial real estate ........................................ , 

Multifamily residential real estate ................. : ........ 

1-4 Family residential* ........................................... 

Home equity loans ................................................. 

Loans to individuals ................................................. 

Commercial and Industrial loans** .......................... 

All other loans and leases (including farm) ............. 

1.42 

2.03 

1.50 

1.44 

1.33 

0.94 

1.82 

0.97 

0.40 

1.01 

1.77 

3.87 

2.83 

2.86 

0.90 

0.55 

1.05 

1.27 

0.41 

1.52 

1.42 

1.25 

1.07 

1.72 

1.85 

2.07 

1.94 

NIA 

0.99 

1.05 

1.14 

1.35 

1.57 

0.79 

0.85 

0.67 

1.52 

NIA 

1.34 

1.53 

1.25 

1.32 

1.43 

0.91 

1.59 

1.64 

NIA 

0.93 

1.19 

1.78 

1.68 

1.20 

0.80 

0.56 

0.57 

1.35 

NIA 

1.26 

1.79 

1.41 

0.99 

1.20 

0.74 

1.80 

0.92 

0.82 

0.72 

1.44 

2.94 

2.36 

1.99 

0.78 

0.45 

0.99 

0.97 

0.50 

1.57 

2.86 

1.85 

2.09 

1.28 

1.04 

1.90 

0.62 

0.33 

1.11 

2.56 

7.31 

4.64 

5.29 

1.06 

0.61 

1.41 

1.22 

0.43 

1.84 

3.52 

2.38 

1.56 

1.44 

1.34 

2.13 

0.77 

0.38 

1.26 

2.93 

7.44 

5.41 

3.84 

1.33 

0.87 

1.75 

1.62 

0.52 

1.13 

1.29 

0.88 

0.74 

1.34 

0.59 

1.46 

0.78 

0.23 

0.97 

1.09 

1.61 

1.77 

1.37 

0.69 

0.30 

0.60 

0.84 

0.22 

1.22 1.15 1.37 1.42 

1.68 1.63 1.65 2.18 

1.28 1.17 1.05 1.56 

1.11 0.86 0.87 2.71 

1.24 1.07 1.48 1.27 

0.62 0.72 2.28 0.88 

1.64 1.90 1.61 1.73 

1.07 2.13 1.24 0.99 

0.59 0.52 0.33 0.38 

1.07 0.39 0.23 0.96 

1.00 0.83 1.04 2.17 

2.52 0.84 1.01 6.67 

1.54 1.37 1.54 2.95 

1.24 0.90 0.90 5.99 

0.57 0.48 0.71 1.04 

0.32 0.20 1.10 0.52 

0.61 0.91 0.51 0.74 

1.02 1.22 1.11 1.16 

0.27 0.23 0.23 0.45 

Memo: Commercial RE loans not secured by RE ... 1.84 1.38 1.14 0.83 2.20 1.34 0.43 0.45 0.72 0.79 

Percent of Loans Charged-off 

(net, annualized) 

All real estate loans ................................................. 

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

Commercial real estate ......................................... 

Multifamily residential real estate .......................... 

1-4 Family residential* ........................................... 

Home equity loans ................................................. 

Loans to individuals ................................................. 

Commercial and industrial loans•• .......................... 

All other loans and leases (including farm) ............. 

'emo: Commercial RE loans not secured by RE ... 

2oans Outstanding (in billions) 

All real estate loans ................................................. 

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

0.14 

0.19 

0.21 

0.27 

0.08 

0.18 

1.43 

0.15 

-0.03 

0.04 

$1,020.1 

65.7 

0.05 

0.08 

0.06 

0.13 

0.05 

0.16 

0.42 

0.19 

NIA 

1.09 

$97.7 

6.4 

0.12 

0.16 

0.19 

0.21 

0.07 

0.10 

0.93 

0.21 

NIA 

0.61 

$233.1 

16.5 

0.06 

0.07 

0.07 

0.30 

0.04 

0.09 

1.55 

0.02 

0.10 

-0.04 

$302.6 

21.8 

0.22 

0.38 

0.38 

0.33 

0.13 

0.27 

1.66 

0.16 

-0.07 

0.00 

$386.7 

21.1 

0.27 

0.60 

0.45 

0.50 

0.18 

0.19 

1.86 

0.36 

0.00 

0.18 

$284.3 

12.7 

0.03 

-0.02 

0.07 

0.03 

0.02 

0.06 

1.01 

0.04 

0.07 

-0.07 

$223.6 

17.6 

0.01 0.04 -0.02 0.27 

-0.04 0.07 -0.03 0.38 

0.02 0.04 -0.07 0.39 

0.01 0.51 -0.11 0.55 

0.01 0.02 0.01 0.15 

0.03 0.01 0.15 0.39 

0.92 1.62 0.70 1.68 

0.07 0.02 0.10 -0.16 

-0.02 0.01 0.03 -0.23 

0.09 0.02 -0.03 -0.06 

$179.9 $65.7 $75.3 $191.2 

11.0 4.1 6.2 14.1 

Commercial real estate ......................................... 288.8 26.6 77.9 89.9 73.0 65.6 54.5 18.1 22.0 55.8 

Multifamily residential real estate .......................... 32.7 2.3 8.2 11.3 10.9 8.1 6.2 2.3 2.3 6.8

1-4 Family residential* ............................................ 507.2 49.0 110.6 150.7 196.9 140.3 115.1 88.2 31.5 41,3 90.8 

Home equity loans .... , ............................................ 76.0 2.4 12.3 25.9 35.4 25.4 14.5 14.1 2.4 0.9 18.6 

Loans to individuals ................................................. 489.8 27.2 81.2 207.7 173.7 175.0 84.6 84.6 38.5 

Commercial and industrial loans ............................. 621.9 28.2 69.5 145.8 378.4 245.0 90.5 113.8 34.4 42.8 95.3 

All other loans and leases (including farm) ............. 297.9 20.9 20.5 48.1 208.4 145.9 31.6 36.7 23.2 13.8 46.7 

Memo: Commercial RE loans not secured by RE ... 18.4 0.2 1.1 13.2 6.0 2.3 0.6 1.0 6.1 

Memoranda: 

Other Real Estate Owned (in millions) 

All other real estate owned ...................................... $7,934 $781 $1,615 $1,552 $3,986 $3,444 $1,214 $649 $374 $528 $1,725 

Construction and development... ........................... 1,439 113 347 451 528 455 179 318

Commercial real estate ......................................... 4,252 379 2,320 1,919 586 324 207 312 904 

Multifamily residential real estate .......................... 332 31 64 137 163 18 22 12 82 

1-4 Family residential.. .......................................... 1,377 203 244 585 513 230 113 96 378 

Farmland ............................................................... 157 56 14 41 16 23 14 26 34 

Other real estate owned in foreign offices ............. 0 0 4 374 377 0 0 0 0 0 

*Excludes home equity loans. NIA - Not available 

**Includes "All other loans" for institutions under $1 billion in asset size. 

***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 Banking Profile 

First Quarter 1995 7 FDIC-Insured Commercial Banks 
- - -

- -


· 

- 

e "" 

1.9 

2 

SAVINGS INSTITUTIONS' PERFORMANCE - FIRST QUARTER 1995 

• Savings Institutions Earn $1. 7 Billion In The First Quarter 

• Deposits Increase For The First Time Since 1988 

• Equity Capital Ratio Increases To Its Highest Level Since 1952 

• No Institutions Fail In The First Quarter 

Private-sector savings institutions earned $1.7 billion in the first quarter of 1995, for an annualized 

return on assets (ROA) of 0.69 percent. Net income was up by $122 million from the fourth 

quarter and was $448 million higher than in the first 

quarter of 1994. A reduction in noninterest expenses helped to offset lower net interest income 

as the industry's net interest margin narrowed. 

Noninterest expenses declined by $433 million 

from the fourth quarter and by $482 from the first 

quarter of 1994. Earnings also received a boost 

from lower loan-loss provisions. The industry's 

provision declined by $244 million from the first 

quarter of 1994. Over 94 percent of all savings 

institutions were profitable in the first quarter. 

Quarterly Net Income, 1991 - 1995 

$ Billions 

3----,---------.- ----.- ---.------, a Securilies and Other Gains, Net 

I 2.4 D Net Operating Income 

1.8 1 6 1,7 

1.3 

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

1991 1992 1993 1994 1995 

Net interest margins declined to 3.11 percent in the 

first quarter from 3.25 percent in the fourth quarter. 

This is the largest quarterly decline in the industry's 

net interest margin since margins began falling in 

the third quarter of 1993. The rise in average asset 

yields slowed to a 15 basis-point increase, compared to a 23 basis-point increase in the fourth 

quarter of 1994. Funding costs grew by 29 basis 

points, just below the 33-basis point rise during the 

previous quarter. The largest increase in funding 

costs occurred at thrifts in the West Region, 

FDIC-Insured Savings Institutions 

where average costs rose by 42 basis points. The 

largest increase in asset yields occurred in the 

Midwest Region, where yields rose by 35 basis 

points. Thrifts in the Midwest Region experienced 

the only improvement in net interest margins in the 

first quarter. 

Quarterly Net Interest Margins 

1991 - 1995 

Net Interest Margin (%) 

4.0 Assets -<$100 Millior 3.57% 

/ """-

I.--" '-- - 3.5 :.. / :r 1-- ,/

I 

- -

.. ..

•' ..,..

.. V I .. -l- 3.0 / .. Assets >$100 Million 3.08%

i.-·.... 

.,,.,, . .. ... - - - ' 2.5 

2.0 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 

1991 1992 1993 1994 1995 

For the third consecutive quarter, assets of savings institutions increased. Industry assets rose by 

$5.2 billion during the first quarter. The largest 

increase was in loans secured by 1-4 family residential properties, which grew by $7 billion. Although commercial and industrial loans increased 

by $1.6 billion, these loans only account for one 

percent of all thrift assets. Thrifts reduced their 

securities holdings by about $4 billion in spite of a 

$1.1-billion increase in the fair value of securities 

classified as available-for-sale. 

Savings institutions turned to depositors to fund 

their operations, reversing a long-standing trend 

towards greater reliance on other borrowed funds. 

For the first time since 1988, thrifts reported an 

increase in deposits of $7.4 billion. Deposit growth 

at institutions in the West Region accounted for 64 

percent of the total increase. Thrifts in the West 

Region, which had the largest increase in average 

FDIC Quarterly Banking Profile 

8 First Quarter 1995 
:;, . - - . . . . 

cost of funds, increased deposits by $4.7 billion 

during the first quarter. For all thrifts, other borrowed funds fell by $4.1 billion, the first decline 

since 1992. Equity capital increased by $1.8 billion 

during the quarter. Thrifts retained $905 million of 

their earnings as capital and they reported a large 

increase, $1.1 billion, in the fair value of availablefor-sale securities. The industry's equity capital 

ratio was 8.07 percent at the end of the first quarter, 

the highest level since 1952. 

Savings institutions reported no change in the 

"coverage ratio" (reserves to noncurrent loans), 

which remained at 81 cents for each dollar of 

noncurrent loans. Reserves for loan losses fell by 

$106 million during the quarter and were down by 

$1.2 billion from one year earlier. Non current loans 

declined by $99 million, only slightly less than the 

reduction in reserves. A year ago the "coverage 

ratio" stood at 69 cents for each dollar of noncurrent loans. Since then thrifts have reduced their 

noncurrent loans by $3.3 billion. 

Reserve Coverage Ratio • 

1990-1995 

$ BIiiions Coverage Ratio 

30.-----------------,100% 

Ncncumm\ l.oa:ns ij 

25j 

......._ 

cent. The West Region showed the highest net 

charge-off rate on real estate loans (0.42 percent). 

Provision expenses and restructuring charges 

have hurt earnings in this region. 

Troubled Real Estate Asset Rates* by Region 

1990 -1995 

Percent 

10 .-------------------. 

Nortl1eatrt 

8 

. ·...

.

. 

...

.

\ 

-····-... . . . ,. .. - -- ­ . ···

-

.

. ... . .

.. . ·-...... .

. . . . .. .. . . .. Ae&t-;:; U . .. .S.  . .... ...... . . . . . 2 .... ... . .. .. . . . . . . 

0 ' 

123412341234123412 341 

1990 1991 1992 1993 1994 1995 

' Loans secured by real estate past due 90 days or mo1e or in nooaccrual status plus other real estate 

owned (OREO) as a percent of lola1 real es\ale loans plus OREO. 

Troubled real estate rates - noncurrent real estate loans plus other real estate owned (OREO) as 

a percent of total real estate loans plus OREO ­

declined slightly to 2.10 percent from 2.19 percent 

at the end of 1994, as OREO fell by $358 million. 

A year ago, the industry's troubled real estate rates 

stood at 3.18 percent. In the Northeast Region, the 

average troubled real estate rate fell from 3.15 

percent of real estate loans at year-end to 3.05 

percent at the end of the first quarter. A $55-million 

increase in noncurrent real estate loans in this 

 80%, 

20-

3 40 - % 

. . . . . · - . - .. . . .. . . - -· / - 20% 5 Loan-Loss Reserves ($) 

0 I I I O% 123412341234123412341 

1990 1991 1992 1993 1994 1995 

· Loan-loss Reserves lo Noncurrent loans and Leases. 

Even with the large increase in real estate lending, 

noncurrent real estate loans declined slightly, by 

$43 million. The Northeast Region and the Midwest Region experienced increases in noncurrent 

real estate loans, raising their noncurrent real estate rates to 2.05 percent and 0.73 percent, respectively. The Southwest Region and West 

Region showed the greatest improvement in noncurrent real estate rates. The Southwest Region 

reported 1.26 percent of real estate loans as noncurrent while the West Region reported 1.58 perregion was outweighed by a decline in OREO of 

$210 million. For the past year the Northeast Region has had the highest troubled real estate rate. 

This region also has the lowest "coverage ratio" of 

any region, at 71 cents for each dollar of noncurrent loans. As a result, earnings in this region are 

more vulnerable to future increases in loan losses. 

Savings institutions with over $5 billion in assets 

showed a big improvement in their ROA, while the 

next tier, institutions with assets of $1-5 billion, 

reported a decline in profitability. Large institutions reported an ROA of 0.71 percent for the 

first quarter, up from 0.53 percent in the fourth 

quarter and a recovery from a loss of 0.07 percent 

in the first quarter of 1994, when restructuring 

charges overwhelmed earnings. Institutions with 

FDIC Quarterly Banking Profile 

First Quarter 1995 9 FDIC-Insured Savings Institutions 
$1-5 billion in assets reported an average ROA of 

0.57 percent, down by 23 basis points from the 

fourth quarter ROA of 0.80 percent. All other size 

groups reported ROAs of over 0.70 percent. In the 

first quarter of 1995, one institution with $2.9 billion 

in assets filed a plan to liquidate.1 This institution 

reported a loss of $117 million, primarily from 

marking assets to market, which drove down earnings in the West Region. Without this loss, the 

West Region would have had earnings similar to 

the fourth quarter of 1994. 

The number of savings institutions continued to 

decline as commercial banks took control of thrifts 

and consolidation within the industry continued. 

During the first quarter, the number of institutions 

declined by 34, from 2,152 to 2,118. Commercial 

banks absorbed 23 institutions with $9.3 billion in 

assets, while consolidation within the thrift industry 

accounted for a decline of 17 institutions. The thrift 

industry gained $1.4 billion in assets from eight 

commercial banks. Twenty-seven institutions, with 

$3.8 billion in assets, converted from mutual to 

stock ownership. Stock-owned thrifts now outnumber mutuals, with 1,066 institutions holding $830 

billion in assets, compared to 1,052 mutuals holding $184 billion in assets. No thrifts failed in the first 

quarter. The number and assets of "problem" institutions did not change from year-end, remaining at 

71 institutions with $39 billion in assets. 

1 ITI Federal Bank, FSB of Newport Beach, California plans to 

liquidate all of its assets. 

Return on Assets by Asset Size 

First Quarter 1995, Annualized 

$ Billions 

300-.---. 

Asset Size Groups 

D Less than $1 Billion 

• More than $1 Billion $230.2 $223.6 

$201.2 

200 69.3

$145.8 

56.6 

100 

0 <0.00 > 0.00 > 0.25 > 0.50 > 0.75 > 1.25 

and and and and 

<0.25 <0.50 < .75 < 1.00 

Return on Assets 

77.3 

>1.00 

and 

<1.25 

FDIC Quarterly Banking Profile 

FDIC-Insured Savings Institutions 10 First Quarter 1995 
9.24 

7.45 

3.34 

7.57 

39 $89 $39 

-7.1 

4.0 

40 

3.0 

-7.9 

TABLE 1-B. Selected Indicators, FDIC-Insured Savin s Institutions* 

1995•• 1994 .. 1994 1993 1992 1991 1990 

Return on assets(%) ............................................... 0.69 0.52 0.66 0.70 0.65 0.08 -0.37 

Return on equity (%) .................................. , ............ 8.66 6.57 8.27 9.48 1.26 -6.68 

Core capital (leverage) ratio(%) ............................. 7.63 7.54 7.65 6.77 5.54 4.62 

Noncurrent assets plus 

other real estate owned to assets(%) ................... 1.33 1.96 1.38 2.10 3.07 3.96 3.98 

Net charge-offs to loans(%) .................................... 0.30 0.51 0.51 0.65 0.59 0.65 0.61

Asset growth rate(%) .............................................. 1.71 -1.28 0.77 -2.85 -7.44 -11.61 -11.79

Net interest margin(%) ........................................... 3.11 3.41 3.48 3.40 2.76 2.27 

Net operating income growth (%) ............................ 22.16 -27.97 3.96 11.63 N/M N/M N/M

Number of institutions .............................................. 2,118 2,239 2,152 2,262 2,390 2,561 2,815

Percentage of unprofitable institutions .................... 5.52 5.85 6.88 5.84 18.35 30.09 

Number of problem institutions ................................ 71 118 71 146 276 410 480

Assets of problem institutions (in billions) ............... $92 $183 $291 $298 

Number of failed/assisted institutions ...................... 0 0 4 8 81 163 223 

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

TABLE 11-B. Aaaregate Condition and Income Data, FDIC-Insured Savings Institutions* 

(dollar figures in ml/lions) Preliminary 

1st Quarter 4th Quarter 1st Quarter %Change 

1995 1994 1994 94:1-95:1 

Number of institutions reporting ............................................... 2,118 2,152 2,239 -5.4 

Total employees (full-time equivalent) .................................... . 257,761 261,457 285,155 -9.6 

CONDITION DATA 

Total assets ............................................................................ . $1,013,796 $1,008,573 $996,705 1.7 

Loans secured by real estate ........................................... . 609,061 602,923 583,372 4.4 

1-4 Family residential.. ................................................... . 474,914 467,894 444,894 6.8 

Multifamily residential property ....................................... . 62,003 62,674 64,060 -3.2 

Commercial real estate ................................................... . 52,423 52,332 55,646 -5.8 

Construction, development and land .............................. . 19,721 20,023 18,772 5.1
l

Commercial & industrial loans .......................................... . 11,516 9,890 9,477 21.5
l

Loans to individuals .....................

...................................... . 37,660 38,577 36,888 2.1
l

Other loans & leases ........................................................ . 1,664 1,606 1,582 5.2
l

Less: Unearned income & contra accounts ...................... . 9,688 10,202 9,708 ·0.2 

Total loans & leases ........................................................... . 650,213 642,794 621,611 4.6 

Less: Reserve for losses ................................................... .. 7,606 7,713 8,837 -13.9
l

Net loans & leases ................................................................ . 642,607 635,081 612,774 4.9 

Securities .............................................................................. . 285,817 290,281 286,682 -0.3 

Other real estate owned ....................................................... . 4,058 4,416 6,798 -40.3 

Goodwill and other intangibles ............................................. . 6,374 5,746 5,566 14.5 

All other assets ..................................................................... . 74,940 73,049 84,884 -11.7 

Total liabilities and capital. ...................................................... . 1,013,796 1,008,573 996,705 1.7 

Deposits ................................................................................ . 744,592 737,159 766,338 -2.8 

Other borrowed funds ........................................................... . 174,240 178,367 135,689 28.4 

Subordinated debt. ............................................................... . 2,489 2,395 2,537 -1.9 

All other liabilities .................................................................. . 10,683 10,699 12,750 -16.2 

Equity capital. ....................................................................... . 81,792 79,954 79,392 

Loans and leases 30-89 days past due .................................. . 8,147 8,577 10,443 -22.0 

Noncurrent loans and leases .................................................. . 9,414 9,513 12,739 -26.1 

Restructured loans and leases ............................................... . 7,021 7,291 9,434 -25.6 

Direct and indirect investments in real estate ......................... . 425 414 711 -40.3 

Mortgage-backed securities ................................................... . 213,947 214,011 205,769 4.0 

Earning assets ........................................................................ . 949,314 941,953 927,530 2.4 

FHLB Advances (TFR filers only) ........................................... . 82,576 88,861 75,190 9.8 

Unused loan commitments ..................................................... . 73,271 71,057 96,134 -23.8 

Preliminary 

Full Year Full Year 1st Qtr 1st Qtr %Change 

INCOME DATA 1994 1993 %ChanQe 1995 1994 94:1-95:1 

Total interest income ............................................ . $63,469 $66,139 -4.0 $17,626 $15,931 10.6 

Total interest expense .......................................... . 33,410 34,518 -3.2 10,325 8,044 28.4 

Net interest income ............................................ . 30,059 31,621 -4.9 7,302 7,887 -7.4 

Provision for loan losses ...................................... . 2,461 4,311 -42.9 503 747 -32.7 

Total noninterest income ...................................... . 6,243 7,894 -20.9 1,513 1,421 6.5 

Total noninterest expense .................................... . 23,228 24,898 -6.7 5,641 6,123 

Securities gains (losses) ...................................... . (27) 400 N/M (25) N/M 

Applicable income taxes ....................................... . 3,788 3,858 -1.8 922 1,025 -10.1 

Extraordinary gains, net ...................................... . (438) (4) N/M 16 (160) NIM 

Net income ......................................................... . 6,360 6,844 1,741 1,292 34.7 

Net charge-offs ..................................................... . 3,078 4,027 -23.6 487 793 ·38.6 

Cash dividends ..................................................... . 2,598 2,293 13.3 835 562 48.6 

Net operatinQ income ......................................... . 6,814 6,554 1,740 1,425 22.2 ( 

"Excludes institutions in Resolution Trust Corporation conservatorship and one self-liquidating institution. NIM - Not meaningful 

FDIC Quarterly Banking Profile 

First Quarter 1995 11 FDIC-Insured Savings Institutions 
- - -

- --

34.7 

0.37 

3.4 

3.37 

5.84 

TABLE 111-B. First Quarter 1995, FDIC-Insured Savings Institutions* 

FIRST QUARTER Preliminary All 

(The way it is ... ) Institutions 

Number of institutions reporting ................ 2,118 

Less 

than $100 

Million 

Asset Size Distribution 

$100 Million 

to 

$1 Billion 

$1 Billion 

to 

$5 Billion 

Greater 

than $5 

Billion 

Northeast 

Geographic Distribution by Region 

East I

South- I Mideast Central west 

West 

Southwest**

537 

West** 

973 981 132 32 778 333 160 139 171 

Total assets (in billions)............................. $1,013.8 $49.2 $280.6 $285.2 $398.7 $330.3 $82.6 $155.6 $54.0 $71.7 $319.6 

Total deposits (in billions) .......................... 744.6 41.7 227.4 205.7 269.8 262.8 63.0 116.2 37.8 45.5 219.' 

Net income (in millions) ....................•......•. 1,740.7 93.3 544.0 407.0 696.4 732.0 166.7 293.3 131.9 137.6 279 

% of unprofitable institutions ..................... 5.5 7.4 3.6 6.8 3.1 3.6 7.2 3.2 4.4 4.3 20.L 

% of institutions with earnings gains ......... 47.1 42.9 50.8 50.8 50.0 53.7 48.0 45.8 40.6 38.1 32.7 

Performance Ratios (annualized, %)

Yield on earning assets ............... , ............. 7.50 7.66 7.61 7.55 7.36 7.60 7.68 7.53 7.69 7.54 7.29 

Cost of funding earning assets .................. 4.39 3.99 4.08 4.38 4.68 3.92 4.42 4.40 4.73 4.94 4.70 

Net interest margin .................................... 3.11 3.67 3.53 3.17 2.69 3.69 3.25 3.14 2.97 2.60 2.59 

Noninterest income to earning assets ....... 0.64 0.57 0.60 0.56 0.75 0.65 0.72 0.54 1.25 0.93 0.50 

Noninterest expense to earning assets ..... 2.40 2.87 2.65 2.55 2.05 2.61 2.46 2.40 2.17 2.25 2.24 

Net operating income to assets ................. 0.69 0.77 0.78 0.58 0.70 0.90 0.82 0.72 0.99 0.75 0.37 

Return on assets ....................................... 0.69 0.76 0.78 0.57 0.71 0.89 0.82 0.76 0.99 0.77 0.35 

8.66 7.55 8.58 7.13 10.23 10.34 9.46 8.65 12.47 11.04 5.03 ¤=:¥¦a§ ̈e©a«¬­®· ·1 ̄°±2°· 3ct·i ́μ;·¶·;.· ·.·.·.·..· ·.·.·.. · \ 0.30 0.07 0.14 0.32 0.44 0.35 0.10 0.05 0.25 0.17 0.45 

Loan loss provision to net charge-offs ...... 103.30 200.02 168.14 96.74 90.12 88.62 125.33 187.28 243.81 175.16 91.76 

Condition Ratios (%)

Loss allowance to: 

Loans and leases .................................... 1.17 0.84 1.10 1.34 1.15 1.45 0.98 0.78 0.77 1.04 1.23 

Noncurrent loans and leases .................. 80.80 

Noncurrent assets plus 

70.06 90.54 86.06 73.11 71.12 89.46 141.48 107.45 83.47 78.48 

other real estate owned to assets ........... 1.33 1.07 1.17 1.48 1.36 1.77 1.00 0.48 0.65 1.25 1.51 

Noncurrent RE loans to RE loans ............. \ 1.45 1.15 1.20 1.60 1.57 2.05 1.06 0.53 0.73 1.26 1.58 

Equity capital ratio ..................................... 

Core capital (leverage) ratio ...................... 

Gross real estate assets to gross assets .. 

Gross 1-4 family mortgages to gr. assets. 

Net loans and leases to deposits .............. 

8.07 

7.63 

80.25 

46.06 

86.30 

10.24 9.20 8.14 6.95 

10.11 9.03 7.65 6.31 

73.24 75.55 79.16 85.24 

52.41 46.27 39.74 49.65 

79.28 79.27 83.16 95.72 

8.74 8.70 8.83 8.16 7.00 7.07 

8.41 8.39 8.46 7.56 6.62 6.46 

75.67 78.51 81.00 78.67 80.13 85.37 

41.40 47.80 50.33 46.82 36.99 50.30 

73.76 84.32 86.35 89.21 89.19 100.78 

Growth Rates (year-to-year,%) 

Assets ....................................................... 1.7 -2.4 -1.9 3.5 

Equity capital.. ........................................... 3.0 - 4.3 2.0 5.9 7.0 

25.4 

21.7 

1.7

-3.7

Net interest income ................................... -19.0

Net income ................................................ 

Noncurrent assets plus 

-7.4 . - - r -3.2 -5.6 -5.3 2.0 12.2 

. - - -0.2 0.9 42.9 15.6 -5.2 492.f 

other real estate owned ........................... 

Net charge-offs .......................................... 

Loan loss provision ................................... 

PRIOR FIRST QUARTERS 

{The way it was ... )

Number of institutions ....................... 1994 

....................................... 1992 

....................................... 1990 

Total assets (in billions) ..................... 1994 

....................................... 1992 

....................................... 1990 

Return on assets (%) ........................ 1994 

....................................... 1992 

....................................... 1990 

Net charge-offs to loans & leases (%) 

....................................... 1994 

-31.0 

-38.6 

-32.7 

2,239

2,528

2,990 

$996 .. 7 

$1,099.1

$1,344.0 

0.52 

0.63 

-0.19 

0.51 

-

. 

-

1,030

1,168

1,407 

$52.3 

$58.6 

$68.3 

0.85 

0.76 

0.01 

0.08 

-

-

1,037

1,153

1,332 

$298.1 

$331.5 

$393.2 

0.82 

0.69 

-0.08 

0.20 

-

144 

175 

215 

$306.7 

$354.1 

$464.4 

0.83 

0.71 

-0.31 

0.63 

T 

-

. -

28 

32 

36 

$339.6 

$354.9 

$418.1 

-0.07 

0.49 

-0.21 

0.73 

-29.7 

-32.9 

-20.5 

823 

895 

1,029 

$338.4 

$37<1.9 

$446.9 

0.87 

0.42 

-0.59 

0.52 

-24.8 

-60.7 

-32.3 

356 

449 

549 

$84.1 

$116.0 

$167.0 

0.79 

0.71 

-0.47 

0.25 

-26.9 -8.3 

-51.9 71.5 

-10.6 376.5 

565 165 

617 187 

695 208 

$150.4 $52.2 

$156.0 $49.7 

$178.3 $61.3 

0.55 0.89 

0.83 0.76 

0.30 0.18 

0.11 0.16 

-15.9 

-23.2 

78.2 

145 

161 

235 

$57.2 

$61.2 

$90.5 

1.02 

1.64 

-0.80 

0.34 

-37.:C 

-43.1 

-51.7 

185 

219 

274 

$314.4 

$341.3 

$399.9 

-0.09 

0.56 

0.22 

0.78 

....................................... 1992 0.57 0.27 

....................................... 1990 0.42 0.17 

0.42 0.67 0.67 0.88 0.45 0.24 0.43 0.32 0.48 

0.67 0.26 0.47 0.46 0.32 0.76 1.17 0.26 

Noncurrent assets plus 

OREO to assets (%) ............... 1994 1.96 1.37 1.62 2.07 2.25 2.46 1.31 0.67 0.74 1.86 2.44 

....................................... 1992 3.87 2.26 2.94 4.11 4.75 

........................................ 1990 3.41 2.29 3.23 4.08 3.03 

4.88 3.07 1.36 1.47 6.66 4.01 

3.18 1.37 2.46 15.34 1.93 

Equity capital ratio (%) ...................... 1994 7.97 9.49 8.80 7.85 7.10 8.18 8.36 8.63 

....................................... 1992 6.44 7.83 6.95 6.34 5.84 6.49 6.39 7.05 

....................................... 1990 5.23 6.82 6.11 4.88 4.53 6.21 4.74 5.85 

7.88 

3.25 

7.21 7.46 

5.67 6.35 

2.32 5.01 

*Excludes mst1tut1ons m Resolution Trust Corporation conservatorsh1p and one self-liquidating mst1tut1on. 

** Not adjusted to reflect the migration of a $14 billion institution from the West Region to the Southwest Region during the fourth quarter of 1994. 

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

Vermont, U.S. Virgin Islands 

Southeast-Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, West Virginia 

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

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

Southwest-Arkansas, Louisiana, New Mexico, Oklahoma, Texas 

West-Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, Oregon, Pacific Islands, Utah, Washington, Wyoming 

FDIC Quarterly Banking Profile 

FDIC-Insured Savings Institutions 12 First Quarter 1995 
- -

37.5 

5.1 

35.4 

3.55 

... 

-4.9 -2.5 

$49.7 

7.99 7.97 

5.47 

4.3 

. .. 

2.5 

-35.7 

25.1 

TABLE IV-B. Full Vear 1994, FDIC-Insured Savings Institutions* 

Asset Size Distribution Geographic Distribution by Region 

Less $100 Million $1 Billion Greater East I West

All than $100 to to than $5 North- South- Mid- SouthInstitutions Million $1 Billion $5 Billion Billion east east Central l west west** West**

786 343 547 160 141 175 

Total assets (in billions) ............................. $1,008.6 

Number of institutions reporting ................ 2,152 996 992 133 31

$50.4 $286.0 $292.2 $379.9 $330.9 $82.1 $155.5 $53.1 $70.8 $316.1

·tal deposits (in billions) .......................... 737.2 42.9 230.2 207.3 256.8 263.0 62.5 115.9 43.8 214.5 

income (in millions) ............................. 6,360.4 396.1 2,159.7 2,292.3 1,512.2 2,878.0 658.9 1,139.9 203.9 574.3 905.3

of unprofitable institutions ....................• 6.9 6.4 6.6 8.3 25.8 8.5 3.8 5.0 

J 

\ 

% of institutions with earnings gains ........• 34.8 34.1 46.6 45.2 40.1 38.2 32.2 22.5 37.6 28.6

Performance Ratios (%) 

Yield on earning assets ............................. 7.06 7.25 7.21 7.10 6.88 7.16 7.16 7.17 7.05 6.96 6.87

Cost of funding earning assets .................. 3.71 3.59 3.71 3.84 3.42 3.78 3.83 4.07 4.12 3.81

Net interest margin .................................... 

Noninterest income to earning assets ....... 

Noninterest expense to earning assets ..... 

Net operating income to assets ................. 

Return on assets ....................................... 

Return on equity ........................................ 

Net charge-offs to loans and leases .......... 

Loan Joss provision to net charge-offs ...... 

Condition Ratios(%) 

Loss allowance to: 

Loans and leases .................................... 

Noncurrent loans and leases .................. 

Noncurrent assets plus 

other real estate owned to assets ........... 

Noncurrent RE loans to RE Joans ............. 

Equity capital ratio ..................................... 

Core capital (leverage) ratio ...................... 

Gross real estate assets to gross assets .. 

Gross 1-4 family mortgages to gr. assets. 

Net Joans and leases to deposits .............. 

3.34 

0.69 

2.58 

0.71 

0.66 

8.27 

0.51 

79.95 

1.20 

81.08 

1.38 

1.47 

7.93 

7.65 

80.06 

45.58 

86.15 

3.70 

0.58 

2.89 

0.79 

0.79 

8.21 

0.10 

154.61 

0.84 

68.94 

1.08 

1.16 

9.94 

9.87 

73.58 

52.27 

79.10 

3.62 

0.59 

2.73 

0.78 

0.77 

8.68 

0.23 

112.90 

1.12 

88.48 

1.24 

1.24 

9.03 

8.96 

75.82 

45.62 

78.94 

3.39 

0.82 

2.55 

0.83 

0.82 

10.14 

0.49 

89.56 

1.38 

92.34 

1.47 

1.53 

8.10 

7.83 

78.05 

38.92 

82.86 

3.03 

0.69 

2.44 

0.54 

0.43 

6.15 

0.79 

67.30 

1.18 

71.11 

1.46 

1.64 

6.70 

6.23 

85.67 

49.79 

96.46 

3.74 

0.63 

2.70 

0.89 

0.89 

10.71 

0.49 

76.03 

1.47 

72.08 

1.83 

2.04 

8.52 

8.39 

75.16 

40.88 

73.21 

3.38 

0.72 

2.59 

0.85 

0.84 

9.88 

0.16 

93.33 

1.01 

88.08 

1.07 

1.11 

8.59 

8.42 

78.70 

47.69 

84.44 

3.34 2.98 

0.61 0.51 

2.42 2.57 

0.86 0.42 

0.76 0.40 

8.73 5.06 

0.11 0.15 

120.34 154.30 

0.80 0.77 

140.92 126.05 

0.50 0,61 

0.54 0.62 

8.76 7.71 

8.45 7.24 

81.13 78.75 

49.71 45.08 

85.74 85.55 

2.85 

1.06 

2.42 

0.97 

0.97 

13.52 

0.29 

77.69 

1.04 

77.66 

1.37 

1.37 

7.02 

6.72 

80.22 

36.07 

90.12 

3.06 

0.76 

2.57 

0.39 

0.30 

4.12 

0.86 

77.21 

1.28 

78.48 

1.57 

1.64 

6.97 

6.56 

85.19 

50.18 

102.04 

Growth Rates (year-to-year,%) 

Assets ....................................................... 

Equity capital ............................................. 

0.8 -7.9 3.2 4.3 24.4 -0.2 

. ..
� - - -1.7

- - - . ... . .. . .. ... Net interest income ................................... . - - - -2.5 -7.3 -3.9 -9.4

'et income ................................................ -7.1 - - 29.1 6.7 -19.8 -57.6 -24.6

,ncurrent assets plus 

Jther real estate owned ........................... 

Net charge-offs ........................................... 

Loan loss provision ................................... 

PRIOR FULL YEARS 

(The way it was ... ) 

Number of institutions ....................... 1993 

....................................... 1992 

....................................... 1991 

Total assets (in billions) ..................... 1993 

....................................... 1992 

-33.6 

-23.6 

-42.9 

2,262 

2,390 

2,561 

$1,000.9 

$1,030.2 

-

-

-

1,048 

1,109 

1,184 

$53.4 

$55.9 

-

-

-

1,040 

1,094 

1,166 

$298.8 

$316.2 

-

· -

146 

158 

182 

$306.8 

$325.3 

-

-

-

28 

29 

29 

$341.9 

$332.7 

-34.1 

-30.8 

-42.7 

826 

852 

909 

$336.6 

$341.2 

-33.3 

-58.4 

-68.3 

367 

416 

459 

$89.1 

$109.0 

-28.5 -23.4 

4.0 11.0 

-41.8 29.1 

568 166 

590 176 

620 187 

$150.8 $50.9 

$150.5 $49.5 

-24.7 

24.0 

-8.3 

147 

154 

163 

$56.9 

$61.4 

-35.9 

-19.8 

-43.4 

188 

202 

223 

$316.6 

$318.7 

....................................... 1991 $1,113.0 $58.9 $334.5 $380.9 $338.7 $377.1 $122.2 $155.0 $63.5 $345.4

Return on assets (%) ........................ 1993 0.70 1.00 0.93 0.62 0.52 0.68 0.71 0.97 0.98 1.58 0.38 

....................................... 1992 0.65 0.86 0.81 0.67 0.47 0.59 0.77 0.89 1.09 1.55 0.34 

....................................... 1991 0.08 0.35 0.24 0.05 -0.10 -0.39 0.09 0.51 0.58 0.54 0.22 

Net charge-offs to loans & leases (%) 

....................................... 1993 0.65 0.15 0.29 0.53 1.10 0.68 0.34 0.11 0.15 0.28 1.00 

....................................... 1992 0.59 0.23 0.37 0.67 0.77 0.88 0.38 0.20 0.26 0.34 0.60 

....................................... 1991 0.65 0.30 0.50 0.84 0.67 1.12 0.58 0.21 0.28 0.41 0.46 

Noncurrent assets plus 

OREO to assets (%) ............... 1993 2.10 1.43 1.74 2.17 2.45 2.72 1.48 0.72 0.83 2.26 2.44 

....................................... 1992 3.07 1.83 2.35 3.12 3.92 3.81 2.43 0.99 1.24 3.92 3.60 

....................................... 1991 3.96 2.25 3.13 4.57 4.40 5.14 3.65 1.38 1.61 7.44 3.65 

Equity capital ratio (%) ...................... 1993 7.84 9.33 8.61 7.71 7.04 8.53 7.90 7.12 

....................................... 1992 7.22 8.47 7.71 7.12 6.62 7.26 7.48 7.89 7.05 6.32 6.96 

....................................... 1991 6.17 7.78 6.79 5.85 5.62 6.19 6.02 6.87 4.62 6.26 

*Excludes 1nst1tut1ons in Resolution Trust Corporation conservatorsh1p and one self-llqu1dat1ng 1nst1tullon. 

•• Not adjusted to reflect the migration of a $14 billion Institution from the West Region to the Southwest Region during the fourth quarter of 1994. 

*New accounting rules and/or reporting detail became effective March 31, 1994. See Notes to Users, pp. 21-23. 

FDIC Quarterly Banking Profile 

First Quarter 1995 13 FDIC-Insured Savings Institutions 

7.42 


$95.7 

4.1 4.3 

4.6 5.5 

79.5 

4.3 

1.9 9.9 3.5 

454 559 

377 93 

3.7 

3.6 5.4 

77 

34.7 

TABLE V-B. Loan Performance, FDIC-Insured Savings Institutions* 

Asset Size Distribution Geographic Distribution by Region 

Less $100 Million $1 Billion Greater East West I 

March 31, 1995 All than $100 to to than $5 North- South- Mid- SouthInstitutions Million $1 Billion $5 Billion Billion east east Central I west west West 

Percent of Loans 30-89 Days Past Due 

All loans secured by real estate .............................. 1.20 2.05 1.26 1.08 1.13 1.46 1.22 0.89 1.14 1.26 1.11 

Construction, development and land ..................... 1.14 1.61 1.29 0.96 0.79 1.48 0.91 1.14 1.56 0.55 1.3 

Commercial real estate ......................................... 1.37 2.15 1.53 1.41 1.01 1.73 1.31 1.22 1.39 1.30 0.91 

Multifamily residential real estate .......................... 1.00 1.94 1.12 0.97 0.94 1.39 .1.41 0.54 2.47 1.20 0.84 

1-4 Family residential.. .......................................... 1.21 2.07 1.23 1.06 1.17 1.43 1.24 0.89 1.03 1.33 1.18 

Commercial and industrial loans ............................. 1.49 2.52 1.95 1.81 0.34 1.81 1.99 1.44 1.59 1.29 0.36 

Loans to individuals ................................................. 1.74 2.27 1.61 1.45 2.21 2.07 1.54 1.43 2.06 0.94 1.97 

Percent of Loans NoncurrentAll real estate loans ................................................. 1.45 1.15 1.20 1.60 1.57 2.05 1.06 0.53 0.73 1.26 1.58 

Construction, development and land ..................... 1.76 1.42 1.65 2.24 1.42 3.49 1.23 0.87 0.52 0.65 2.52 

Commercial real estate ......................................... 3.14 1.86 2.76 4.02 2.87 4.07 2.33 1.31 3.48 1.76 3.00 

Multifamily residential real estate .......................... 2.23 2.71 2.08 3.17 1.72 4.31 2.37 0.87 1.45 1.46 1.76 

1-4 Family residential ............................................ 1.15 1.00 0.87 0.98 1.45 1.46 0.86 0.43 0.46 1.23 1.40 

Commercial and industrial loans ............................. 2.21 2.84 2.25 2.63 1.50 2.94 1.92 1.53 1.53 1.21 1.04 

Loans to individuals ................................................. 0.81 1.11 0.75 0.64 1.05 1.10 0.67 0.57 0.46 0.51 0.96 

Percent of Loans Charged-off 

(net, annualized) 

All real estate loans ........................ , ........................ 0.25 0.04 0.12 0.22 0.39 0.28 0.07 0.02 0.15 0.08 0.42 

Construction, development and land ..................... 0.22 0.04 0.26 0.34 -0.02 0.50 0.01 0.00 -0.04 0.00 0.59 

Commercial real estate ......................................... 0.65 0.10 0.24 0.99 0.89 0.95 0.39 0.08 1.22 0.05 0.58 

Multifamily residential real estate .......................... 0.50 0.04 0.44 0.28 0.68 0.41 0.01 -0.02 0.05 0.00 0.74 

1-4 Family residential ............................................ 0.18 0.04 0.06 0.10 0.31 0.15 0.04 0.02 0.08 0.10 0.33 

Commercial and Industrial loans ............................. 0.80 0.72 0.33 1.37 0.51 1.29 -0.18 -0.01 0.42 0.03 0.47 

Loans lo individuals ......:.......................................... 0.90 0.26 0.43 0.90 1.42 0.92 0.55 0.56 0.96 0.68 1.38 

Loans Outstanding (in billions) 

All real estate loans ................................................. $609.1 $31.5 $172.0 $155.4 $250.1 $178.8 $50.9 $30.2 $37.6 $215.9

Construction, development and land ..................... 19.7 1.6 9.6 5.5 3.0 4.0 1.0 2.5 3.8 

Commercial real estate ......................................... 52.4 2.5 18.3 16.4 15.2 22.0 2.3 3.8 14.4 

Multifamily residential real estate .......................... 62.0 1.1 11.6 18.3 31.0 14.2 1.4 6.8 1.2

1-4 Family residential. ........................................... 474.9 26.3 132.5 115.2 200.9 138.5 40.6 25.6 27.6 163.0 

15.3 

Commercial and industrial loans ............................. 11.5 0.5 3.6 3.1 6.1 1.1 1.2 0.5 0.5 2.1 

Loans to individuals ................................................. 37.7 10.5 12.3 5.6 7.2< 

Memoranda: 

Other Real Estate Owned (in millions)*** 

All other real estate owned ...................................... $4,058 $128 $1,071 $1,519 $1,340 $1,830 $242 $178 $107 $385 $1,316 

Construction, development and land ..................... 1,057 15 301 587 153 626 87 16 14 135 178 

Commercial real estate ......................................... 1,186 42 364 326 83 81 98 288

Multifamily residential real estate .......................... 728 11 168 300 249 217 5 21 11 108 366 

1-4 Family residential.. .......................................... 1,630 71 375 807 576 76 32 98 754 

Troubled Real Estate Asset Rates**** 

(% of total RE assets) 

All real estate loans ................................................. 

Construction, development and land ..................... 

Commercial real estate ......................................... 

Multifamily residential real estate .......................... 

1-4 Family residential ............................................ 

2.10 

6.76 

5.29 

3.37 

1.49 

1.55 

2.38 

3.47 

3.63 

1.27 

1.81 

4.64 

4.65 

3.48 

1.15 

2.55 

11.64 

6.60 

4.74 

1.30 

2.09 

6.15 

4.92 

2.50 

1.84 

3.05 

16.23 

6.45 

5.75 

1.87 

1.53 

3.20 

4.07 

2.70 

1.09 

0.72 

1.27 

2.75 

1.17 

0.53 

1.08 2.26 

1.79 5.67 

6.59 4.25 

2.31 4.28 

0.58 1.58 

2.18 

6.92 

4.91 

2.78 

1.85 

*Excludes 1nst1tut1ons in Resolution Trust Corporation conservatorsh1p and one self-hqu1dat1ng 1nst1tut1on. 

**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. 

***TFR filers report "All other real estate owned" net of valuation allowances, while individual categories of OREO are reported gross. 

****Noncurrent real estate loans plus other real estate owned as a percent of total real estate loans plus OREO. 

Insurance Fund Reserve Ratios 

Percent of Insured Deposits 

0.70 0 69 

0.31 

12/89 12/90 12/91 12/92 12/93 12/94 3/95 

3/95 Fund balances are unaudited 

FDIC Quarterly Banking Profile 

FDIC-Insured Savings Institutions 14 First Quarter 1995 
ALL FDIC-INSURED INSTITUTIONS 

• BIF Nears Recapitalization Target 

• SAIF Deposits Grow For Second Consecutive Quarter 

• Dakar Deposits Increase Sharply 

The total assets of the nation's 12,359 public-sector, 

FDIC-insured institutions grew by more than $100 billion 

(2.2 percent) in the first three months of 1995. This growth 

was funded by predominantly nondeposit liabilities, as 

total deposits actually declined slightly ($4 billion, or 0.1 

percent) during the first quarter. Growth in foreign-office 

deposits (up $10 billion) was offset by falling domestic 

deposits (down $15 billion); however, estimated insured 

deposits (all of which are domestic) increased by $15 

billion. 

The Bank Insurance Fund grew to $23.2 billion in the first 

quarter, raising the reserve ratio to 1.22 percent of estimated insured deposits, just shy of the designated reseNe ratio of 1.25 percent which must be attained before 

assessment rates can be lowered from current levels. 

The next determination of the reseNe ratio will be made 

in September, when second-quarter results become 

available. The Savings Association Insurance Fund stood 

at $2.2 billion on March 31, which was 0.31 percent of 

insured deposits and still $6.6 billion short of full capitalization (based on March 31 insured deposits). SAIF deposits grew $11 billion (1.6 percent) in the first quarter, 

the second consecutive quarterly increase after an extended decline. 

In the first quarter of 1995, the number and assets of 

failing insured institutions continued at the low rates experienced in 1994. Only three FDIC-insured institutions 

failed in the first three months of 1995, all of which were 

BIF-member commercial banks located in Southern California. These banks had total assets of $515 million. The 

SAIF will be responsible for SA IF-member institutions that 

fail after June 30, 1995, when the SAIF assumes responsibility for failed thrifts from the Resolution Trust Corporation. 

An institution's insurance fund membership and primary 

federal supeNisor are generally determined by the institution's charter type. BIF members are predominantly 

commercial banks supeNised by one of the three federal 

banking agencies, and SAIF members are predominantly 

savings institutions supeNised by the Office of Thrift 

SupeNision (OTS). However, as described below, these 

relationships can be altered by deposit acquisitions and 

charter conversions. 

"Oakar" Deposits. A member of one insurance fund 

can acquire deposits insured by the other fund, but this 

portion of the acquiring institution's deposits retains coverage under the other fund. In the first quarter of 1995, 

SAIF-insured deposits owned by BIF members grew $13 

billion (7.3 percent), reaching $194 billion on March 31. 

On this date, there were 724 BIF-member Oakars, compared to 718 on December 31 ($181 billion) and 588 at 

the end of 1994's first quarter ($145 billion). The share of 

SAIF deposits held by BIF members increased to 26.6 

percent from 25.1 percent in December and 20 percent a 

year ago. In March 1995, 46 SAIF-member institutions 

held $9.6 billion in BIF-insured deposits, which was 0.4 

percent of BIF domestic deposits. These SAIF-member 

Oakar deposits declined from $10.9 billion on December 

31 but are still well above the level of March 1994 ($4.9 

billion). 

"Sasser" institutions. Since 1989, institutions have 

been permitted to switch charter type and primary federal 

supeNisor without changing insurance fund membership. 

The number and deposit share of Sasser institutions had 

been growing slowly in recent years, but in the first quarter 

of 1995 the number declined slightly and the deposit 

share held constant. On March 31, 315 SAIF-member 

institutions were subject to supeNision by one of the three 

federal banking agencies, down from 319 Sasser institutions at year-end 1994. At the end of the first quarter, the 

315 Sasser institutions (which included 240 state-chartered savings banks and 75 commercial banks) held SAIF 

deposits of $53.1 billion, or 7.3 percent of all SAIF deposits, the same proportion as at the end of the fourth quarter. 

FICO bonds. The Financing Corporation (FICO) has 

the first claim on SAIF assessment revenue in order to 

pay interest of about $780 million per year on bonds 

issued in the 1980s to resolve failed thrifts. However, 

SAIF assessments paid by BIF-member Oakars and 

SAIF-member Sassers are not available for FICO. The 

aggregate share of SAIF deposits held by these institutions increased to 33.8 percent on March 31, from 32.3 

percent at year-end 1994, primarily due to BIF-member 

Oakar acquisitions. Continued growth of the Oakar-Sasser proportion could eventually jeopardize SAIF's ability 

to fund FICO interest payments. 

FDIC Quarterly Banking Profile 

First Quarter 1995 15 All FDIC-Insured Institutions 
77.4 

3/95 

$729.4 

Estimated FDIC-Insured Deposits by Fund Membership and Type of Institution 

March 31, 1995* 

- (dollar figures in .ml/lions) Number of Total Total Estimated Insured Deposits 

Institutions Assets Deposits•• BIF SAIF Total -

Private-Sector Commercial and Savings Institutions 

FDIC-Insured Commercial Banks ........................................ . 10,241 4,116,089 2,862,562 1,736,239 156,061 1,892,301 

BIF-member ..................................................................... . 10,166 4,095,603 2,847,272 1,734,760 145,523 1,880,283 

SAIF-member ................................................................. .. 75 20,487 15,289 1,479 10,538 12,017 

FDIC-Insured Savings Institutions ................................•....... 2,118 1,013,796 744,592 161,792 547,612 709,404 

OTS-Supervised Savings Institutions .............................. . 1,512 779,612 558,439 27,553 503,788 531,341 

BIF-member .................................................................. . 21 90,306 65,105 19,529 43,328 62,857 

SAJF-member• .............................................................. . 1,491 689,306 493,334 8,025 460,460 468,484 

FDIC-Supervised State Savings Banks .......................... .. 606 234,183 186,153 134,239 43,825 178,063 

BIF-member .................................................................. . 366 182,960 146,801 134,169 5,918 140,087 

SAJF-member ............................................................... . 240 51,224 39,352 69 37,907 37,976 

Total Private-Sector Commercial and 

Savings Institutions ....................................................... . 12,359 5,129,885 3,607,154 1,898,031 703,674 2,601,705 

Bl F-member ........................................ : ................................ . 10,553 4,368,869 3,059,178 1,888,458 194,769 2,083,227 

SAIF-member ...................................................................... . 1,806 761,016 547,975 9,573 508,905 518,478 

Other FDIC-Insured Institutions 

RTC Conservatorships......................................................... 313 0 0 0 0 

U.S. Branches of Foreign Banks ......................................... 51 10,669 3,790 1,785 0 1,785 

Total FDIC-Insured Institutions............................................ 12,411 5,140,867 3,610,943 1,899,817 703,674 2,603,490 

·Excludes one self-liquidating savings institution with Jess than $1 million In SAi F-lnsured deposits . 

.. Includes $442.3 billion in foreign office deposits, which are uninsured. 

SAIF Domestic Deposits 

March 31, 1989 - March 31, 1995 

$ Billions 

ATC Conservatorships 

12/89 12/90 12/91 12/92 12/93 12/94

($ Billions) 

Sasser Institutions $0.0 $2.8 $12.0 $28.8 $43.5 $52.8 $53.1 

Oakar Deposits (BIF-members) 2.1 34.0 70.4 139.8 181.5 194.9 

RTC Conservatorships 89.7 67.8 37.2 31.5 17.9 1.2 0.0 

All Other Institutions 858.5 773.1 700.6 622.8 528.2 486.4 485.3 

Total $950.3 $877.7 $820.2 $760.5 $721.9 $733.3 

FDIC Quarterly Banking Profile 

All First Quarter 1995 FDIC-Insured Institutions 16 
--- - - -

_ 

_ _ __ __ _ _______ 

Œ œ Ŕ

$334 

-5.5 

-0.7 

TABLE 1-C. Selected Indicators, All FDIC-Insured Institutions* 

(dollar figures In miff Ions) 1995" 1994" 1994 1993 1992 1991 

Number of institutions reporting ...................................... 

Total assets ........... ,,.,..................................................... 12,359 

$5,129,885 

13,078 

$4,839,956 

12,602 

$5,019,042 

13,220 

$4,707,074 

13,852 

$4,535,889 

14,482 

$4,543,642 

Total deposits .................................................................. 3,607,154 3,523,308 3,611,519 3,528,479 3,527,044 3,594,303 

Number of problem institutions ........................................ 286 501 318 572 1,063 1,426 

Assets of problem institutions (in billions) ........................ $66 $142 $73 $592 $819 

Number of failed/assisted institutions .............................. 3 0 15 50 181 271

Assets of failed/assisted institutions (in billions) .............. $0.52 $0 $1.57 $9.67 $88 $142

"As of March 31. 

TABLE 11-C. Ag regale Condition and Income Data, All FDIC-Insured Institutions* 

(dollar figures In mllllons) Preliminary 

1st Quarter 4th Quarter 1st Quarter % Change 

1995 1994 1994 94:1-95:1 

Number of institutions reporting .............................................. . 12,359 12,602 13,078 

Total employees (full-time equivalent) .................................... . 

CONDITION DATA 

Total assets ............................................................................ . 

Loans secured by real estate ........................................... . 

1-4 Family residential ............... ................................... . 

Home equity loans .. ................................................... . 

Multifamily residential property .................................... .. 

Commercial real estate ................................................ .. 

Construction, development and land ............................ . 

Other real estate loans ................................................. . 

Commercial & industrial loans ......................................... .. 

Loans to individuals ......................................................... .. 

Credit cards & related plans ........................................... . 

Other loans & leases ...................................................... .. 

Less: Unearned income & contra accounts ..................... .. 

Total loans & leases .......................................................... .. 

Less: Reserve for losses .................................................... . 

Net loans & leases ............................................................... .. 

Securities ............................................................................. . 

Other real estate owned ....................................................... . 

Goodwill and other intangibles ............................................. . 

All other assets ..................................................................... . 

Total liabilities and capital ...................................................... .. 

Deposits ............................................................................... .. 

Other borrowed funds ........................................................... . 

Subordinated debt. ................................................................ i 

All other liabilities .................................................................. . 

Equity capital ........................................................................ . 

Loans and leases 30-89 days past due ................................. .. 

Noncurrent loans and leases ................................................. .. 

Restructured loans and leases ............................................... . 

Direct and indirect investments in real estate ........................ .. 

1,731,829 

$5,129,885 

1,629,124 

1,058,097 

93,517 

94,708 

341,171 

85,409 

49,739 

633,393 

527,507 

192,526 

299,574 

15,836 

3,073,762 

60,379 

3,013,383 

1,099,086 

11,992 

32,639 

972,785 

5,129,885 

3,607,154 

790,591 

43,384 

282,788 

405,967 

38,728 

41,734 

12,513 

1,010 

1,750,633 

$5,019,041 

1,600,653 

1,036,858 

93,212 

94,601 

335,466 

84,534 

49,193 

599,045 

525,681 

195,964 

292,151 

16,552 

3,000,977 

59,832 

2,941,145 

1,113,211 

13,984 

29,745 

920,957 

5,019,042 

3,611,519 

769,445 

43,142 

202,867 

392,070 

36,687 

40,246 

13,740 

1,024 

1,773,650 

$4,839,956 

1,506,422 

958,981 

89,188 

93,774 

326,259 

82,824 

44,585 

558,597 

458,672 

159,851 

276,741 

15,910 

2,784,522 

61,708 

2,722,814 

1,142,185 

21,759 

23,987 

929,211 

4,839,956 

3,523,308 

674,066 

39,764 

222,647 

380,172 

39,879 

53,190 

15,624 

1,318 

-2.4 

6.0 

8.2 

10.3 

4.9 

1.0 

4.6 

3.1 

11.6 

13.4 

15.0 

20.4 

8.3 

-0.5 

10.4 

-2.2 

10.7 

-3.8 

-44.9 

36.1 

4.7 

6.0 

2.4 

1.1 

0.0 

0.0 

17.3 

-2.9 

-

21.5 

-19.9 

-23.3 

Mortgage-backed securities ................................................... . 534,365 541,131 538,061

Earning assets ......................................................................... 1 4,472,595 4,411,955 4,239,948 5.5 

Unused loan commitments .................................................... .. 1,964,984 1,846,625 1,621,601 21.2

Including RTC conservatorshlps and IBA's: 

Estimated BIF-insured deposits ........................................... . 1,899,817 1,894,857 1,895,215 0.2

Domestic deposits (reflects Oakar adjustments) ............. .. 2,434,835 2,462,206 2,461,028 -1.1 

BIF balance (unaudited figures) ........................................ 23,185 21,848 15,238 52.2 I 1.22 1.15 0.80 

Estimated SAIF-insured deposits ....................................... .. 703,674 693,752 696,990 1.0 

Domestic deposits (reflects Oakar adjustments) ............. .. 733,260 721,874 726,404 0.9 

SAIF balance (unaudited figures) .................................... . 2,216 1,937 1,418 56.3 

BIF coverage ratio (%1' ................................................ .. 

SAIF coverage ratio (%1' .............................................. .. 0.31 0.28 0.20 

Estimated FDIC-insured deposits, _§_lŖ_and SAIF ................ . 2,603,490 _ 2,588,609 2,592,2_05 ___ _ 0.4 - Preliminary 

Full Year Full Year 1st Qtr 1st Qtr %Change 

INCOME DATA 1994 1993 %Change 1995 1994 _94_:1-__95:212

Total interest income ..... ....................................... I $321,269 $311,195 3.2 $90,020 $76,548 17.6 

Total interest expense........................................... 144,674 140,261 3.2 45,019 33,465 34.5 

Net interest income............................................. 176,595 170,935 3.3 45,001 43,083 4.5 

Provision for loan losses....................................... 13,403 21,124 -36.6 3,193 3,470 -8.0 

Total noninterest income ...................................... 82,513 82,848 -0.4 20,691 19,992 3.5 

Total noninterest expense..................................... 167,453 164,590 1.7 42,660 40,723 4.8 

Securities gains (losses)...................................... (599) 3,460 N/M (117) 598 NIM 

Applicable income taxes........................................ 26,209 23,691 10.6 6,899 6,932 -0.5 

Extraordinary gains, net ................................ 1 (452) 2,066 N/M 51 (198) N/M 

_ Net income........................._.c:,..:::,:==:c,:::::.....J 50,992 49,903 2.2 12,873 12,351 4.2 

'Excludes institutions in RTC conservatorship, one self-liquidating savings institution, insured branches of foreign banks (IBA's), unless indicated otherwise. 

"'Coverage ratios reflect the insurance fund balance as a percentage of estimated insured deposits. N/M-Not meaningful 

FDIC Quarterly Banking Profile 

First Quarter 1995 17 All FDIC-Insured Institutions 
$79 

$0 

13 127 

$44 

-5.5 

5.3 

*Excludes insured branches of fore-ig_

n_

b_

a_nk

__

s_ Ó- - ---- --- --- --- - -

TABLE 1-D. Selected Indicators, BIF-Member Depository Institutions* 

(dollarfigures in millions) I 1995** 1994 ** 1994 1993 1992 1991 

Number of institutions reporting ........................ .. 10,553 11,172 10,758 11,291 11,813 12,305 

Total assets ........................................................ . $4,368,869 $4,087,435 $4,246,769 $3,949,717 $3,711,623 $3,660,455 

Total deposits .................................................... .. $3,059,178 2,953,445 3,061,375 2,951,985 2,873,179 2,881,76 

Number of problem institutions ........................... . 228 418 264 472 856 1,08S 

Assets of problem institutions (in billions) .......... . $33 $42 $269 $464 $610

Number of failed/assisted institutions ................. . 3 0 41 122

Assets of failed/assisted institutions (in billions .. $0.52 $1.43 $3.54 $63 

** As of March 31 . 

TABLE 11-D. Selected Aggregate Condition and Income Data, BIF-Member Depository Institutions* 

(dollar figures in millions) Preliminary 

1st Quarter 4th Quarter 1st Quarter % Change 

1995 1994 1994 94:1-95:1 

Number of institutions reporting ............................................... 10,553 10,758 11,172 

Commercial banks ................................................................ . 

Savings institutions ............................................................... . 

Total er-:iployees (full-time equivalent) ................................... .. 

CONDITION DATA 

Total assets ........................................................................... . 

Loans secured by real estate, total. ..................................... .. 

1-4 Family residential. ........................................................ . 

Multifamily residential property ........................................... . 

Commercial real estate ...................................................... .. 

Construction, development and land ................................. .. 

Commercial & industrial loans .............................................. . 

Reserve for losses .............................................................. . 

Total deposits ....................................................................... . 

Estimated insured deposits .................................................. . 

BIF-insured deposits (estimated) ....................................... .. 

SAIF-insured deposits (estimated) .................................... .. 

Noncurrent loans and leases ................................................ . 

Other real estate owned ....................................................... . 

Equity capital. ....................................................................... . 

CAPITAL CATEGORY DISTRIBUTION 

Number of institutions: 

Well capitalized ..................................................................... . 

Adequately capitalized .......................................................... . 

Undercapitalized ................................................................... . 

Significantly undercapitalized ............................................... . 

Critically undercapitalized ..................................................... . 

Total assets: 

Well capitalized ..................................................................... . 

Adequately capitalized .......................................................... . 

Undercapitalized ................................................................... . 

Significantly undercapitalized .............................................. . 

Critically undercapitalized ..................................................... . 

10,166 

387 

1,534,119 

$4,368,869 

1,163,463 

686,677 

52,206 

307,140 

67,793 

626,073 

55,233 

3,059,178 

2,083,227 

1,888,458 

194,769 

35,622 

9,136 

346,015 

10,408 

120 

12 

7 

6 

$4,250,929 

115,577 

1,111 

829 

422 

10,371 

387 

1,545,133 

$4,246,769 

1,136,160 

668,559 

51,079 

300,888 

66,533 

592,964 

54,400 

3,061,375 

2,063,527 

1,882,085 

181,443 

33,868 

10,901 

332,330 

10,577 

144 

20 

12 

5 

$4,141,401 

99,989 

3,776 

976 

627 

10,767 

405 

1,550,671 

$4,087,435 

1,064,832 

616,004 

48,503 

289,608 

66,192 

553,353 

55,503 

2,953,445 

2,033,064 

1,887,997 

145,067 

44,750 

16,982 

321,164 

10,944 

176 

20 

24 

8 

$3,930,861 

149,491 

1,436 

4,597 

1,051 

Preliminary 

Full Year Full Year 1st Qtr 1st Qtr 

INCOME DATA 1994 1993 %Change 1995 1994 

Net interest income............................................... $154,614 $147,834 4.6 $39,758 $37,358 

Provision for loan losses....................................... 11,581 18,280 -36.7 2,815 2,938 

-5.6 

-4.4 

-1.1 

6.9 

9.3 

11.5 

7.6 

6.1 

2.4 

13.1 

-0.5 

3.6 

2.5 

0.0 

34.'. 

-20.<, 

-46.2 

7.7 

-4.9 

-31.8 

-40.0 

-70.8 

-25.0 

8.1 

-22.7 

-22.7 

-82.0 

-59.8 

%Change 

94:1-95:1 

6.4 

-4.2 

Net income............................................................ 46,878 44,523 11,659 11,592 

Net charge-offs...................................................... 12,077 19,107 -36.8 2,447 2,841 -13.8
Ô

Number of institutions reporting net losses........... 417 563 -25.9 360 471

FDIC Quarterly Banking Profile 

BIF-Member Depository Institutions 18 First Quarter 1995 

0.6 

-23.6 
$32 $63 

$0 

$65 

144 

1994 

75 79 

95 

8.3 

-4.1 

-33.3 

$5,724 

-4.3 

19 

TABLE 1-E. Selected Indicators, SAIF-Member Depository Institutions* 

(dollar figures in millions) __1_9_95_ * _* ___ 1_9_9_4*_* 1_99_4 _ __1993 ___ _1992 _ 1991 t

--

Number of institutions reporting ........................................ . 1,806 1,906 1,844 1,929 2,039 2,177

Total assets ...................................................................... . $761,016 $752,522 $772,273 $757,357 $824,266 $883,187

,tal deposits ................................................................... . $547,975 $569,863 $550,144 $576,493 $653,865 $712,533

Jmber of problem institutions ......................................... . 58 83 54 100 207 337

Assets of problem institutions (in billions), ........................ , $31 $128 $209 

Number of failed/assisted institutions .............................. .. 0 0 2 9 59

Assets of failed/assisted institutions (in billions ............... . $0 $0.14 $6 $44 $79

**As of March 31. 

TABLE 11-E. Selected Aggregate Condition and Income Data, SAIF-Member Depository Institutions* 

(dollar figures in millions) Preliminary 

1st Quarter 4th Quarter 1st Quarter % Change 

1995 1994 94:1-95:1 

Number of institutions reporting ............................................... 1,806 1,844 1,906 -5.2 

Commercial banks ................................................................ . 72 4.2

Savings institutions ............................................................... . 1,731 1,765 1,834 -5.6
Ó

Total employees (full-time equivalent) .................................... . 197,710 205,500 222,979 -11.3
Ó

CONDITION DATA 

Total assets ............................................................................ . $761,016 $772,273 $752,522 1.1 

Loans secured by real estate, total.. ..................................... . 465,661 464,493 441,590 5.5 

1-4 Family residential. ........................................................ . 371,420 368,300 342,977 

Multifamily residential property ........................................... . 

Commercial real estate ...................................................... .. 

Construction, development and land ................................. .. 

Commercial & industrial loans .............................................. . 

Reserve for losses .............................................................. . 

Total deposits ....................................................................... . 

42,503 

34,031 

17,617 

7,320 

5,146 

547,975 

43,521 

34,578 

18,001 

6,081 

5,432 

550,144 

45,270 

36,651 

16,632 

5,244 

6,205 

569,863 

-6.1 

-7.2 

5.9 

39.6 

-17.1 

-3.8 

Estimated insured deposits .................................................. . 518,478 521,949 540,728 

BIF-insured deposits (estimated) ........................................ . 

SAIF-insured deposits (estimated) ..................................... . 

loncurrent loans and leases ................................................ . 

Other real estate owned ....................................................... . 

Equity capital ........................................................................ . 

CAPITAL CATEGORY DISTRIBUTION 

Number of institutions: 

Well capitalized ..................................................................... . 

9,573 

508,905 

6,112 

2,857 

59,952 

1,715 

10,879 

511,070 

6,379 

3,083 

59,740 

1,747 

4,867 

535,861 

8,440 

4,777 

59,008 

1,801 

96.7 

-5.0 

-27.6 

-40.2 

1.6 

-4.8 

Adequately capitalized ......................................................... . 79 84 -16.8 

100.0 

Undercapitalized ................................................................... . 6 8 9 

Significantly undercapitalized ............................................... . 2 3 

Critically undercapitalized ..................................................... . 4 2 0 N/M
Ó

Total assets: 

Well capitalized ..................................................................... . $693,302 $701,798 $646,943 7.2 

Adequately capitalized .......................................................... . 62,635 65,516 101,527 -38.3
Ó

Undercapitalized ................................................................... . 1,709 2,046 3,960 -56.8
Ó

Significantly undercapitalized .............................................. . 324 823 92 250.7
Ó

Critically undercapitalized ..................................................... . 3,046 2,090 0 N/M
Ó

Preliminary 

Full Year Full Year 1st Qtr 1st Qtr %Change 

INCOME DATA 1994 1993 %Change 1995 1994 94:1-95:1 

Net interest income............................................... $21,981 $23,101. -4.9 $5,243 

Provision for loan losses....................................... 1,822 2,844 -35.9 378 531 -29.0
Ó

Net income............................................................ 4,114 5,381 -23.5 1,215 758 60.2
Ó

Net charge-offs...................................................... 2,238 2,435 -8.1 326 552 -40.8
Ó

Number of institutions reporting net losses........... 136 103 32.0 112 117 

*Excludes institutions in Resolution Trust Corporation conservatorship and one self-liquidating institution.
Ó N/M - Not meaningful 

FDIC Quarterly Banking Profile 

First Quarter 1995 SAIF-Member Depository Institutions 

-8.4 
3/93 9/93 

$454 

$72 

9/93 3/95 

Number of FDIC - Insured 1

1Problem11 Institutions 

1990 - 1995 

Number of Institutions 

2,000 - Commercial Ba11ks, 

Savings lnsti ulions 

1,492 1,426 1,500 

1,063 

926 1,000 789 

665 572 501 

500 433 

286 

0 

12/90 12/91 12/92 6/93 12/93 3/94 6/94 9/94 12/94 3/95 

Savings Institutions 480 410 276 255 209 169 146 118 95 84 71 71 

Commercial Banks 1,012 1,016 787 671 580 496 426 383 338 293 247 215 

Assets of FDIC - Insured 1

1Problem 11 Institutions 

1990 - 1995 

$ Billions 

1,000 - Commercial Banks 

$819 Savings Institutions 

800 

$640 $592 

600 $544

$384 400 

$113 

$334 

200 $142 $95 $66 

0 

12/90 12/91 12/92 3/93 6/93 12/93 3/94 6/94 9/94 12/94 

Savings Institutions 298 291 184 167 128 103 92 89 71 59 39 39 

Commercial Banks 342 528 408 377 326 281 242 53 42 36 33 27 

FDIC Quarterly Banking Profile 

All FDIC-Insured 20 First Quarter 1995 Institutions 
NOTES TO USERS 

This publication contains financial data and other information 

for depository institutions insured by the Federal Deposit lnsur­

-::e Corporation (FDIC). These notes are an integral part of 

., publication and provide information regarding the comparability of source data and reporting differences over time. The 

information presented in the FDIC Quarterly Banking Profile is 

divided into the following groups of institutions: 

FDIC-Insured Commercial Banks 

(Tables I-A through V-A.) 

This section covers commercial banks insured by the FDIC 

either through the Bank Insurance Fund (BIF) or through the 

Savings Association Insurance Fund (SAIF). These institutions are regulated by and submit financial reports to one of 

the three federal commercial bank regulators (the Board of 

Governors of the Federal Reserve System, the FDIC or the 

Office of the Comptroller of the Currency). 

FDIC-Insured Savings Institutions 

(Tables 1-8 through V-8.) 

This section covers savings institutions insured by either BIF 

or SAIF that operate under state or federal banking codes 

applicable to thrift institutions, except for one self-liquidating 

institution primarily funded by the FSLIC Resolution Fund 

(FRF). Savings institutions that have been placed in Resolution Trust Corporation conservatorship are also excluded 

from these tables while in conservatorship. The institutions 

covered in this section are regulated by and submit financial 

reports to one of two Federal regulators - the FDIC or the 

'fice of Thrift Supervision (OTS). 

JIC-lnsured Institutions by Insurance Fund 

(Tables 1-C through 11-E.) 

Summary balance-sheet and earnings data are provided for 

commercial banks and savings institutions according to 

insurance fund membership. BIF-member institutions may 

acquire SAIF-insured deposits, resulting in institutions with 

some deposits covered by both insurance funds. Also, SAIF 

members may acquire BIF-insured deposits. The insurance 

fund membership does not necessarily reflect which fund 

insures the largest percentage of an institution's deposits. 

Therefore, the BIF-member and the SAIF-member tables 

each include deposits from both insurance funds. Depository institutions that are not insured by the FDIC through 

either the BIF or SAi F 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. 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 charter. 

DATA SOURCES 

The financial information appearing in this publication is obtained primarily from the Federal Financial Institutions Examination Council (FFIEC) Ca// Reports and the OTS Thrift 

Financial Reports submitted by all FDIC-insured depository 

,titutions. This information is stored on and retrieved 

Jm the FDIC's Research Information System (RIS) data 

base. 

FDIC Quarterly Banking Profile 

COMPUTATION METHODOLOGY 

Certain adjustments are made to the OTS Thrift Financial 

Reports to provide closer conformance with the reporting 

and accounting requirements of the FFIEC Ca// Reports. 

The detailed schedules of the Thrift Financial Report reflect 

the consolidation of the parent thrift with all finance subsidiaries. All other subsidiaries are reported as investments on 

an equity basis or a cost basis. Some accounting differences exist, such as asset sales with recourse, for which 

the data necessary to reconcile these differences are not 

reported. 

All asset and liability figures used in calculating performance 

ratios represent average amounts for the period (beginningof-period amount plus end-of-period amount plus any 

interim periods, divided by the total number of periods). For 

"pooling-of-interest" mergers, the assets of the acquired 

institution(s) are included in average assets since the yearto-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. Tables Ill and IV do not provide growth 

rates for the "Asset Size Distribution" since many institutions migrate between size groups. 

Asset Migrations 

All data are collected and presented based on the location 

of each reporting institution's main office. When a main office 

is relocated to another state, adjustments to prior-period 

data may be made to more accurately reflect geographic 

growth rates. In other situations, no adjustments are possible. For example, reported data may include assets and 

liabilities located outside of the reporting institution's home 

state. Also, institutions may change their charters, resulting 

in an inter-industry migration, e.g. savings institutions can 

convert to commercial banks. These situations can affect 

state and regional totals. 

RECENT ACCOUNTING CHANGES 

FASB Statement 115, "Accounting for Certain Investments 

in Debt and Equity Securities." Requires that securities 

that are not held in trading accounts be measured at 

either amortized cost or fair (market) value. depending 

on their classification category. For additional details, 

see "Notes to Users," First Quarter, 1994, Quarterly 

Banking Profile. 

FASB Interpretation 39, "Offsetting of Amounts Related to 

Certain Contracts." Covers fair value amounts recognized 

as assets and liabilities on the balance sheet for off-balancesheet derivative contracts under which the amounts to be 

received or paid or items to be exchanged depend on future 

events or other factors (e.g., future and forward contracts, 

interest-rate swaps, exchange-rate swaps, and other conditional and exchange contracts). For additional details, see 

"Notes to Users," First Quarter, 1994, Quarterly Banking 

Profile. 

First Quarter 1995 21 Notes to Users 
<4% 

<3% 

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, and other assets. Beginning 

3/31/94, FASS Interpretation 39 limited the netting of related 

trading assets and liabilities, which had the effect of increasing the amount of trading account assets reported. 

All other liabilities - bank's liability on acceptances, limited-life preferred stock, and other liabilities. Effective 

3/31/94, includes revaluation losses on assets held in trading accounts. 

BIF-insured deposits (estimated) - the amount of deposits in accounts of less than $100,000 insured by the BIF. For 

SAIF-member "Oakar'' institutions, it represents the adjusted attributable amount acquired from BIF members. 

Capital category distribution - each institution's capital 

category is calculated or estimated from its financial report 

and does not reflect supervisory upgrades or downgrades: 

Total Tier 1 

Risk-Based Risk-Based Tier 1 Tangible 

Capital* Capital* Leverage Equity 

Well-capitalized 
10% and 
6% and 
5% 

Adequately capitalized 8% and ;;:4% and 
4% 

Earning assets - all loans and other investments that earn 

interest or dividend income. 

Estimated insured deposits - estimated amount of/ 

sured deposits (account balances less than $100,000). 1 

sum of all deposit balances in accounts of less than 

$100,000 plus the number of accounts with balances greater 

than $100,000 multiplied by $100,000. 

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 - or the RTC - to provide funds to cover losses. 

An institution is defined as "assisted" when the institution 

remains open and receives some insurance funds in order 

to continue operating. 

FHLB advances - borrowings from the Federal Home Loan 

Bank (FHLB) reported by institutions that file a Thrift Financial Report. Institutions that file a Ca// Report do not report 

borrowings ("advances") from the FHLB separately. 

Goodwill and other intangibles- intangible assets include 

mortgage servicing rights, purchased credit card relationships and other identifiable intangible assets. 

Loans secured by real estate - includes home equity 

loans, junior liens secured by 1-4 family residential propUndercapitalized <8% or <4% or erties and all other loans secured by real estate. 

Significantly Loans to individuals - includes outstanding credit card undercapitalized <6% or <3% or balances and other secured and unsecured consumer 

loans. Critically undercapitalized - :,;2% 

*As a percentage of risk-weighted assets. 

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 

mortgage 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. 

Derivative contracts, gross fair values (positive/negative) 

-are reported separately and represent the amount at which 

a contract could be exchanged in a transaction between 

willing parties, other than in a forced or liquidation sale. If a 

quoted market price is available for a contract, the fair value 

reported for that contract is calculated using this market 

price. If quoted market prices are not available, the reporting 

banks use the best estimate of fair value based on quoted 

market prices of similar contracts or on valuation techniques 

such as discounted cash flows. This information is reported 

only by banks with assets greater than $100 million. 

Direct and indirect investments in real estate - excludes 

loans secured by real estate and property acquired through 

foreclosure. 

Long-term assets (5+ years) - loans and debt securitk 

with remaining maturities or repricing intervals of over five 

years. 

Mortgage-backed securities - certificates of participation 

in pools of residential mortgages and collateralized mortgage obligations issued or guaranteed by government7 

sponsored or private enterprises. Effective 3/31/94, the full 

implementation of FASB 115 meant that a portion of banks' 

mortgage-backed securities portfolio is now reported based 

upon fair (market) values; previously, all mortgage-backed 

securities not held in trading accounts were reported at 

either amortized cost or lower of cost or market. 

Net charge-offs ....:. total loans and leases charged off (removed from balance sheet because of uncollectibility), less 

amounts recovered on loans and leases previously charged 

off. 

Net interest margin - the difference between interest and 

dividends earned on interest-bearing assets and interest 

paid to depositors and other creditors, expressed as a 

percentage of average earning assets. No adjustments are 

made for interest income that is tax exempt. 

Net 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 sec 

rities and other assets that are 90 days or more past due, or 

FDIC Quarterly Banking Profile 

Notes to Users 22 First Quarter 1995 
in nonaccrual status. Noncurrent debt securities and other 

assets were not included prior to March 1991. 

Noncurrent loans & leases - the sum of loans and leases 

oo days or more past due, and loans and leases in nonacal status. 

_Jmber of institutions reporting -:- the number of institutions that actually filed a financial report. 

Off-balance-sheet derivatives - represents the sum of the 

following: interest-rate contracts, defined as: the notional 

value of interest-rate swaps, futures and forward contracts 

and option contracts; foreign-exchange-rate contracts and 

commodity and equity contracts (defined similarly to interest-rate contracts). 

Futures and forward contracts- a contract in which the 

buyer agrees to purchase and the seller agrees to sell, at 

a specified future date, a specific quantity of underlying at 

a specified price or yield. These contracts exist for a 

variety of underlyings, including the 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 - a contract in which the buyer acquires 

the right to buy from or sell to another party some specified 

amount of underlying 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 underlying at the discretion of the buyer 

,f the contract. 

;waps - an obligation 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 of the underlying (notional principal) by specified reference rates or prices. Except for 

currency swaps, the notional principal is used to calculate 

each payment but is not exchanged. 

Other borrowed funds - federal funds purchased, securities sold with agreements to repurchase, demand notes 

issued to the U.S. Treasury, other borrowed money, mortgage indebtedness and obligations under capitalized 

leases. Effective 3/31/94, includes newly-reported item 

"Trading liabilities," less revaluation losses on assets held in 

trading accounts. 

Other real estate owned - primarily foreclosed property. 

Direct and indirect investments in real estate ventures are 

excluded. The amount is reflected net of valuation allowances. For institutions that file a Thrift Financial Report 

(TFR), the valuation allowance subtracted also includes 

allowances for other repossessed assets. Also, for TFR 

filers the components of other real estate owned are reported gross of valuation allowances. 

Percent of institutions with earnings gains - the percent 

of institutions that increased their net income (or decreased 

'1-ieir losses) compared to the same period a year earlier. 

roblem" institutions - Federal regulators assign a com­

,-,usite 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". For all BIF-member institutions, and for 

all SAIF-member institutions for which the FDIC is the 

primary federal regulator, FDIC composite ratings are used. 

For all SAIF-member institutions whose primary federal 

regulator is the OTS, the OTS composite rating is used. 

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. 

Return on assets - net income (including gains or losses 

on securities and extraordinary items) as a percentage of 

average total assets. The basic yardstick of bank profitability. 

Return on equity - net income (including gains or losses 

on securities and extraordinary items) as a percentage of 

average total equity capital. 

Risk-weighted assets - assets adjusted for risk-based 

capital definitions which include on-balance-sheet as well as 

off-balance-sheet items multiplied by risk-weights that range 

from zero to 100 percent. A conversion factor is used to 

assign a balance sheet equivalent amount for selected 

off-balance-sheet accounts. 

SAIF-insured deposits (estimated) - the amount of deposits in accounts of less than $100,000 insured by the SAIF. 

For BIF-member "Oakar'' institutions, it represents the adjusted attributable amount acquired from SAIF members. 

Securities - excludes securities held in trading accounts. 

Effective 3/31/94, the full implementation of FASS 115 meant 

that a portion of banks' securities portfolios is now reported 

based upon fair (market) values; previously, all securities not 

in held trading accounts were reported at either amortized 

cost or lower of cost or market. 

Troubled real estate asset rate - noncurrent real estate 

loans plus other real estate owned as a percent of total real 

estate loans and other real estate owned. 

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. 

Volatile liabilities - the sum of large-denomination time 

deposits, foreign-office deposits, federal funds purchased, 

securities sold under agreements to repurchase, and other 

borrowings. Beginning 3/31/94, new reporting detail permits 

the exclusion of other borrowed money with original maturity 

of more than one year; previously, all other borrowed money 

was included. Also beginning 3/31/94, the newly-reported 

item "Trading liabilities," less revaluation losses on assets 

held in trading accounts, is included. 

Yield on earning assets - total interest, dividend and fee 

income earned on loans and investments as a percentage 

of average earning assets. 

FDIC Quarterly Banking Profile 

First Quarter 1995 23 Notes to Users 
BULK RATE FDIC MAIL 

Federal Deposit Insurance Corporation Postage & 

Washington, DC 20429-9990 Fees Paid 

OFFICIAL BUSINESS FDIC

PENALTY FOR PRIVATE USE, Permit No. G3, $300 

Attention: 

Chief Executive Officer