FDIC Quarterly 1 2012, Volume 6, No. 4

Quarterly Banking Profile Third Quarter 2012

Quarterly Profits Continue to Improve

Reduced expenses for loan losses and rising 

noninterest income helped lift insured institutions’ 

earnings to $37.6 billion in third quarter 2012. This 

quarterly net income represents a $2.3 billion (6.6 

percent) improvement over third quarter 2011, and is 

the highest quarterly total reported by the industry 

since third quarter 2006. The average return on assets 

(ROA) rose to 1.06 percent, from 1.03 percent a year 

earlier. More than half of all institutions (57.5 

percent) reported higher earnings than a year ago, and 

only 10.5 percent reported negative net income for 

the quarter. This is the lowest proportion of unprofitable institutions in more than five years (since second 

quarter 2007). 

Revenue Growth Picks Up

Net operating revenue (net interest income plus total 

noninterest income) increased by $4.9 billion (3 

percent), the largest year-over-year increase in quarterly 

revenue in almost three years (since fourth quarter 

2009). The greatest contribution to the year-over-year 

improvement in quarterly revenue came from noninterest income, which was $4.2 billion (7 percent) higher 

than in third quarter 2011. Gains on asset sales were $5 

billion above the level of a year ago. Almost half of all 

institutions (47.8 percent) reported year-over-year 

improvement in income from asset sales. Gains on sales 

of loans were $3.9 billion (227.5 percent) above the 

level of a year earlier. Losses on sales of other real estate 

owned were $932 million (81.8 percent) less than a 

year ago. Sales of other assets yielded $186 million more 

in income. Trading revenue was $3.3 billion (38.9 

percent) lower, reflecting a $3 billion year-over-year 

decline in income from trading credit derivatives.

■ Net Income of $37.6 Billion Is Highest in Six Years

■ Higher Revenues, Lower Loss Provisions Combine to Boost Earnings

■ Loan Balances Increase for Fifth Time in Last Six Quarters

■ Twelve Failures Are Fewest Since Fourth Quarter 2008

INSURED INSTITUTION PERFORMANCE

Quarterly Net Income, 2008–2012

Billions of Dollars

Securities and Other Gains/Losses, Net

Net Operating Income

-$50

-$40

-$30

-$20

-$10

$0

$10

$20

$30

$40

$50

1234123412 341234123

19.3

4.8 0.9

-37.8

-6.1

-12.6

2008 2009

2.1

-1.7

2010

17.4 20.9 23.8 21.4

28.7

2011

28.5

35.2

25.4

34.8

2012

34.4 37.6

Chart 1 Chart 2

Most Banks Are Improving Their Earnings,

While Fewer Are Unprotable

Percentage of All Insured Institutions

2006 2007 2008 2009 2010 2011 2012

Percentage of Institutions with

Year-Over-Year Quarterly Income Growth

Percentage of Institutions with Quarterly Losses

0

10

20

30

40

50

60

70

80

123412341 23412 3412 34123 4 123
FDIC Quarterly 2 2012, Volume 6, No. 4

Chart 4

Indicators of Asset Quality Continue to Improve

Billions of Dollars

-$40

-$20

$0

$20

$40

$60

$80

$100

$120

123412341234 1 2 3 4 1 2 3412 3

2007 2008 2009 2010 2011 2012

Quarterly Change in Noncurrent Loans

Quarterly Net Charge-Offs

Growth in Earning Assets Offsets Narrower Margins

Net interest income was $746 million (0.7 percent) 

higher than a year ago, even though the average net 

interest margin (NIM) fell from 3.56 percent to 3.43 

percent. The increase in net interest income was made 

possible by a 4.6 percent increase in interest-earning 

assets. Two out of every three insured institutions (67.8 

percent) reported year-over-year NIM declines, as average asset yields declined faster than average funding 

costs.

Expenses for Bad Loans Fall Again

Provisions for loan losses declined year over year for a 

12th consecutive quarter, falling by $3.8 billion (20.6 

percent). Banks set aside $14.8 billion in the third 

quarter, down from $18.6 billion in third quarter 2011. 

Slightly more than half of all institutions (50.4 percent) 

reduced their provisions from year-earlier levels. Loss 

provisions represented 8.7 percent of net operating 

revenue, compared with 11.3 percent in third quarter 

2011.

Loan Losses Decline Across Most Loan Categories

For the ninth quarter in a row, net charge-offs (NCOs) 

were lower than a year earlier. Banks charged off $22.3 

billion (net) during the quarter, $4.4 billion (16.5 

percent) less than in third quarter 2011. The largest 

NCO declines occurred in credit cards (down $2.8 

billion, or 30.4 percent), and in real estate construction 

loans (down $1.4 billion, or 61 percent). Charge-offs 

declined in all major loan categories except 1-4 family 

residential real estate loans, where NCOs were $1.3 

billion (15.5 percent) higher than a year earlier. This 

increase was the result of new accounting and reporting 

guidelines applicable to national banks and federal 

savings associations concerning the reporting of restructured loans.1

Noncurrent Loan Balances Are Almost Unchanged

The amount of loans and leases that were noncurrent 

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

declined by only $100 million (0.03 percent) during the 

third quarter. This marks the tenth consecutive quarter 

that noncurrent loan balances have declined, but it is 

the smallest decline registered during that time. 

Noncurrent real estate construction loan balances fell 

by $3.4 billion (14.6 percent) during the quarter, 

noncurrent real estate loans secured by nonfarm 

nonresidential properties declined by $1.8 billion (5.2 

percent), and noncurrent loans to commercial and 

industrial (C&I) borrowers fell by $1.4 billion (9.1 

percent). The same accounting guidance that produced 

the increase in 1-4 family residential real estate loan 

NCOs also contributed to a $6.9 billion (3.6 percent) 

rise in reported noncurrent 1-4 family residential real 

estate loans. 

1

 See Topic 2A., “Troubled Debt Restructurings,” in OCC’s Bank 

Accounting Advisory Series, June 2012; http://www.occ.treas.gov/

publications/publications-by-type/other-publications-reports/baas.pdf. 

Chart 3

Quarterly Revenue and Loan-Loss Provision, 2008-2012 

Billions of Dollars

*Net operating revenue = net interest income + noninterest income

$0

$20

$40

$60

$80

$100

$120

$140

$160

$180

12341234 1 2 3 4 1 2 3 4 1 2 3

2008 2009 2010 2011 2012 

Quarterly Loan-Loss Provision

Quarterly Net Operating Revenue*
FDIC Quarterly 3 2012, Volume 6, No. 4

Quarterly Banking Profile

Large Banks Reduce Their Reserves Further 

Insured institutions reduced their reserves for loan losses 

by $9.6 billion (5.4 percent) during the quarter, as net 

charge-offs of $22.3 billion exceeded loss provisions of 

$14.8 billion. This is the tenth consecutive quarter that 

the industry’s reserves have declined. Much of the total 

reduction in reserves was concentrated among larger 

institutions. The ten largest banks together reduced 

their reserves by $7.3 billion (8.1 percent) during the 

quarter. Overall, a majority of institutions (53.5 

percent) added to their reserves during the quarter. The 

combination of sizable reserve reductions with smaller 

reductions in noncurrent loan balances meant that the 

industry’s “coverage ratio” of reserves to noncurrent 

loans declined from 60.4 percent to 57.2 percent during 

the quarter. More than half of all institutions (53.4 

percent) increased their coverage ratios, but their 

increases were outweighed by larger declines at many of 

the biggest banks.

Equity Capital Receives a Boost From Higher 

Retained Earnings

Higher retained earnings combined with improved 

values in securities portfolios helped lift the industry’s 

equity capital by $30.5 billion (1.9 percent) in the third 

quarter. This is the largest quarterly increase in equity 

capital in three years. Retained earnings totaled $17.2 

billion, the highest quarterly total in six years, and an 

increase of $1.7 billion (11.3 percent) from third quarter 2011. Banks declared $20.4 billion in dividends in 

the third quarter, an increase of $594 million (3 

percent) over third quarter 2011. A 38.3 percent 

increase in unrealized gains on available-for-sale securities added $12.5 billion to equity during the quarter.

Loan Balances Rise for Second Consecutive Quarter

Total assets increased by $192.1 billion (1.4 percent) 

between June 30 and September 30, with loan balances 

rising for the fifth time in the last six quarters. Total 

loans and leases increased by $64.8 billion (0.9 

percent), as C&I loans rose by $31.8 billion (2.2 

percent). Residential mortgage loans increased by $14.5 

billion (0.8 percent). Loans to individuals increased by 

$13.1 billion (1 percent), led by auto loans (up $7.4 

billion, or 2.4 percent). The largest net declines in loan 

balances occurred in home equity lines of credit (down 

$12.9 billion, or 2.2 percent) and in real estate 

construction and development loans (down $6.9 

billion, or 3.2 percent). This is the 18th consecutive 

quarter in which construction loan balances have 

fallen. At the end of the quarter, they were $421.4 

billion (66.7 percent) below the peak level of $631.8 

billion at the end of first quarter 2008. Insured institutions’ securities holdings rose by $49.1 billion during 

the quarter, while Fed funds sold and reverse repos 

increased by $39 billion (8.3 percent). Assets in trading 

accounts increased by $30.6 billion (4.4 percent).

Chart 5

Quarterly Change in Loan Balances, 2007–2012

Billions of Dollars

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

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

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

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

43

189

237

203

61

28

-6

-116-140

-109

-210

-133 -107

-7 -14

-126

67

24

-63

102

65

134

-$250

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$0

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123412 3412341234 1 2 3 412 3

2007 2008 2009 2010 2011 2012

221*

Chart 6

-40

-30

-20

-10

0

10

20

30

40

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

Secured by 1-4 Family Residential Properties

Construction & Development

Nonfarm Nonresidential Real Estate

C&I Loans

Loans to Individuals

Total Loans & Leases

The 12-Month Loan Growth Rate Has Been Positive

for the Last Four Quarters

Percent

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

securitized loan balances back onto banks’ balance sheets in the first quarter of 2010. 

Most of these balances consisted of credit card loans. 

FAS 166/167 *
FDIC Quarterly 4 2012, Volume 6, No. 4

Deposits Post Strong Growth

Most of the increase in assets was funded by deposit 

growth, as total deposits increased by $181.7 billion 

(1.8 percent). Deposits in foreign offices rose by $35.2 

billion (2.5 percent), while domestic office deposits 

increased by $146.5 billion (1.6 percent). More than 

three-quarters of the increase in domestic deposits 

($110.9 billion) consisted of balances in noninterestbearing transaction deposits that exceeded the basic 

FDIC coverage limit of $250,000 but have temporary 

full FDIC insurance coverage until the end of 2012. 

Nondeposit liabilities declined by $20.2 billion (1 

percent). At the end of September, deposits funded 

73.9 percent of banking industry assets, the highest 

proportion since the end of 1993.

Failures Fall to Lowest Level Since the End of 2008

The number of insured institutions reporting financial 

results declined from 7,245 to 7,181 in the quarter. 

Mergers absorbed 49 insured institutions, and 12 institutions failed. This is the smallest number of failures in 

a quarter since fourth quarter 2008. For a fifth consecutive quarter, no new charters were added. The last time 

a start-up bank opened was in fourth quarter 2010. The 

number of institutions on the FDIC’s “Problem List” fell 

from 732 to 694, while assets of “problem” banks 

declined from $282.4 billion to $262.2 billion. This is 

the smallest number of “problem” institutions since 

third quarter 2009. The number of full-time equivalent 

employees at insured financial institutions declined by 

2,352 (0.1 percent) from the previous quarter.

Author: Ross Waldrop, Senior Banking Analyst

Division of Insurance and Research

(202) 898-3951

Chart 7

Much of the Recent Deposit Growth Has Consisted of

Large Noninterest-Bearing Transaction Accounts

-$150

-$100

-$50

$0

$50

$100

$150

$200

$250

$300

Q1 2011 Q2 2011 Q3 2011 Q4 2011 Q1 2012 Q2 2012 Q3 2012

Balances Temporarily Covered by 

Full Insurance

All Other Deposits

Quarterly Change (Billions of Dollars)

$181.7

$61.5 

$74.7 

$186.0 

$234.6 

$163.2 $179.6 

Chart 8

Quarterly Changes in the Number of

Troubled Institutions, 2007–2012

Quarterly Failures

Net Quarterly Change in

Number of Problem Banks

11 14 27

54

81

53

111

136 150

73 54

31 24

-23 -21 -31 -41 -40 -38

9

12

21

24

50

45

41

45

41

30

26 22 26 3 18 16 15 12 1 0 1 1 2

2

-50

-25

0

25

50

75

100

125

150

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200

123 41234123412341234 1 2 3

2007 2008 2009 2010 2011 2012

4 4 8 3
FDIC Quarterly 5 2012, Volume 6, No. 4

Quarterly Banking Profile

TABLE I-A. Selected Indicators, All FDIC-Insured Institutions* 2012** 2011** 2011 2010 2009 2008 2007

Return on assets (%)������������������������������������������������������������������������������������������������������ 1.02 0.92 0.88 0.65 -0.08 0.

Return on equity (%)������������������������������������������������������������������������������������������������������� 9.02 8.18 7.80 5.85 -0.73 0.

Core capital (leverage) ratio (%) ������������������������������������������������������������������������������������ 9.28 9.17 9.07 8.89 8.60 7.

Noncurrent assets plus other real estate owned to assets (%) ������������������������������������ 2.36 2.66 2.60 3.11 3.37 1.

Net charge-offs to loans (%) ������������������������������������������������������������������������������������������ 1.15 1.61 1.55 2.55 2.52 1.

Asset growth rate (%) ����������������������������������������������������������������������������������������������������� 2.98 3.28 4.30 1.77 -5.45 6.

Net interest margin (%)��������������������������������������������������������������������������������������������������� 3.46 3.61 3.60 3.76 3.49 3.

Net operating income growth (%)����������������������������������������������������������������������������������� 13.57 51.34 43.64 1594.96 -155.98 -90.71

Number of institutions reporting������������������������������������������������������������������������������������� 7,181 7,437 7,357 7,658 8,012 8,305 8,534

Commercial banks��������������������������������������������������������������������������������������������������� 6,168 6,352 6,291 6,530 6,840 7,087 7,284

Savings institutions ������������������������������������������������������������������������������������������������� 1,013 1,085 1,066 1,128 1,172 1,218 1,250

Percentage of unprofitable institutions (%)�������������������������������������������������������������������� 10.68 15.85 16.16 22.11 30.84 24.8

Number of problem institutions �������������������������������������������������������������������������������������� 694 844 813 884 702 252 76

Assets of problem institutions (in billions) ��������������������������������������������������������������������� $262 $339 $319 $390 $403 $159 $22

Number of failed institutions������������������������������������������������������������������������������������������� 43 74 92 157 140 25 3

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

* Excludes insured branches of foreign banks (IBAs)

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

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

(dollar figures in millions)  3rd Quarter

2012

2nd Quarter

2012

3rd Quarter

2011

%Change 

11Q3-12Q3

Number of institutions reporting������������������������������������������������������������������������������������� 7,181 7,245 7,437 -3.

Total employees (full-time equivalent)��������������������������������������������������������������������������� 2,105,833 2,108,185 2,109,352 -0.

CONDITION DATA

Total assets��������������������������������������������������������������������������������������������������������������������� $14,222,941 $14,030,857 $13,811,902 3.

Loans secured by real estate���������������������������������������������������������������������������������� 4,087,407 4,086,590 4,119,282 -0.

 1-4 Family residential mortgages �������������������������������������������������������������������� 1,889,898 1,875,389 1,856,675 1.

 Nonfarm nonresidential������������������������������������������������������������������������������������ 1,057,994 1,058,384 1,056,246 0.

 Construction and development 210,431 217,372 254,720 -17.

 Home equity lines��������������������������������������������������������������������������������������������� 567,297 580,218 608,268 -6.

Commercial & industrial loans �������������������������������������������������������������������������������� 1,454,913 1,423,081 1,281,309 13.

Loans to individuals������������������������������������������������������������������������������������������������� 1,295,124 1,282,033 1,284,574 0.

 Credit cards ������������������������������������������������������������������������������������������������������ 667,864 664,287 666,476 0.

Farm loans��������������������������������������������������������������������������������������������������������������� 65,448 64,006 59,834 9.

Other loans & leases����������������������������������������������������������������������������������������������� 676,646 659,188 596,923 13.

Less: Unearned income ������������������������������������������������������������������������������������������ 1,925 2,039 1,723 11.

Total loans & leases ������������������������������������������������������������������������������������������������ 7,577,612 7,512,860 7,340,198 3.

Less: Reserve for losses����������������������������������������������������������������������������������������� 166,972 176,571 197,319 -15.

Net loans and leases����������������������������������������������������������������������������������������������� 7,410,640 7,336,289 7,142,879 3.

Securities����������������������������������������������������������������������������������������������������������������� 2,986,465 2,937,408 2,788,234 7.

Other real estate owned������������������������������������������������������������������������������������������ 41,044 41,761 50,494 -18.

Goodwill and other intangibles ������������������������������������������������������������������������������� 364,170 366,741 372,713 -2.

All other assets�������������������������������������������������������������������������������������������������������� 3,420,622 3,348,659 3,457,582 -1.

Total liabilities and capital ���������������������������������������������������������������������������������������������� 14,222,941 14,030,857 13,811,902 3.

Deposits������������������������������������������������������������������������������������������������������������������� 10,504,235 10,322,533 10,000,254 5.

 Domestic office deposits���������������������������������������������������������������������������������� 9,060,210 8,913,728 8,505,305 6.

 Foreign office deposits������������������������������������������������������������������������������������� 1,444,025 1,408,805 1,494,949 -3.

Other borrowed funds ��������������������������������������������������������������������������������������������� 1,355,870 1,389,997 1,479,822 -8.

Subordinated debt��������������������������������������������������������������������������������������������������� 112,096 116,634 136,524 -17.

All other liabilities ���������������������������������������������������������������������������������������������������� 613,003 594,560 616,884 -0.

Total equity capital (includes minority interests)���������������������������������������������������� 1,637,737 1,607,133 1,578,416 3.

 Bank equity capital������������������������������������������������������������������������������������������� 1,619,341 1,588,810 1,560,178 3.

Loans and leases 30-89 days past due������������������������������������������������������������������������� 86,995 83,759 100,140 -13.

Noncurrent loans and leases ����������������������������������������������������������������������������������������� 292,098 292,198 314,285 -7.

Restructured loans and leases �������������������������������������������������������������������������������������� 104,734 106,715 127,251 -17.

Mortgage-backed securities ������������������������������������������������������������������������������������������ 1,732,870 1,713,754 1,600,471 8.

Earning assets���������������������������������������������������������������������������������������������������������������� 12,469,465 12,271,987 11,921,919 4.

FHLB Advances�������������������������������������������������������������������������������������������������������������� 318,113 325,850 323,421 -1.

Unused loan commitments��������������������������������������������������������������������������������������������� 5,812,208 5,857,132 5,793,121 0.

Trust assets��������������������������������������������������������������������������������������������������������������������� 17,338,788 16,899,742 15,361,533 12.

Assets securitized and sold***��������������������������������������������������������������������������������������� 990,670 986,180 965,273 2.

Notional amount of derivatives***���������������������������������������������������������������������������������� 229,317,269 225,007,648 250,633,580 -8.

INCOME DATA

First Three 

Quarters 2012

First Three 

Quarters 2011 %Change

3rd Quarter 

2012

3rd Quarter 

2011

%Change 

11Q3-12Q3

Total interest income ������������������������������������������������������������������� $368,769 $381,668 -3.4 $122,068 $125,746 -2

Total interest expense ����������������������������������������������������������������� 50,876 65,678 -22.5 16,092 20,516 -21

Net interest income �������������������������������������������������������������� 317,893 315,989 0.6 105,976 105,230 0

Provision for loan and lease losses �������������������������������������������� 43,260 57,660 -25.0 14,766 18,603 -20

Total noninterest income������������������������������������������������������������� 185,866 175,575 5.9 63,662 59,499 7

Total noninterest expense ����������������������������������������������������������� 313,939 304,681 3.0 104,452 100,451 4

Securities gains (losses)������������������������������������������������������������� 7,034 3,767 86.7 2,716 3,092 -12

Applicable income taxes ������������������������������������������������������������� 46,174 40,273 14.7 15,370 13,823 11

Extraordinary gains, net�������������������������������������������������������������� -54 765 N/M -44 528 N/M

Total net income (includes minority interests)��������������������� 107,366 93,483 14.9 37,722 35,471 6

 Bank net income������������������������������������������������������������ 106,853 92,916 15.0 37,589 35,246 6

Net charge-offs���������������������������������������������������������������������������� 64,404 87,861 -26.7 22,330 26,741 -16

Cash dividends ���������������������������������������������������������������������������� 60,843 55,245 10.1 20,421 19,827 3

Retained earnings ����������������������������������������������������������������������� 46,010 37,671 22.1 17,168 15,419 11

Net operating income����������������������������������������������������������� 102,177 89,969 13.6 35,708 32,653 9

*** Prior to 2012, does not include data for insured savings institutions that file Thrift Financial Reports. Beginning in 2012, all insured institutions file Call Reports. N/M - Not Meaning
FDIC Quarterly 6 2012, Volume 6, No. 4

TABLE III-A. Third Quarter 2012, All FDIC-Insured Institutions

Asset Concentration Groups*

THIRD QUARTER

(The way it is...)

All Insured 

Institutions

Credit 

Card 

Banks

International 

Banks

Agricultural 

Banks

Commercial 

Lenders

Mortgage 

Lenders

Consumer 

Lenders

Other 

Specialized 

<$1 Billion

All Other 

<$1 Billion

All Other 

>$1 Billion

Number of institutions reporting����������������������� 7,181 17 5 1,538 3,577 706 53 397 818 70

Commercial banks������������������������������������� 6,168 14 5 1,517 3,234 217 40 363 717 61

Savings institutions ����������������������������������� 1,013 3 0 21 343 489 13 34 101 9

Total assets (in billions)������������������������������������ $14,222.9 $580.0 $3,774.2 $223.9 $4,125.6 $821.8 $116.9 $63.4 $142.

Commercial banks������������������������������������� 13,069.9 512.6 3,774.2 218.8 3,785.8 273.5 42.0 57.4 118

Savings institutions ����������������������������������� 1,153.1 67.4 0.0 5.1 339.8 548.3 74.9 6.0

Total deposits (in billions)��������������������������������� 10,504.2 318.4 2,609.8 184.7 3,211.7 642.6 96.4 50.4 119

Commercial banks������������������������������������� 9,622.4 276.3 2,609.8 181.7 2,959.7 210.1 33.4 46.4 100

Savings institutions ����������������������������������� 881.9 42.0 0.0 3.0 252.0 432.4 63.0 4.0

Bank net income (in millions) ��������������������������� 37,589 4,580 9,249 759 9,421 1,531 480 225 373 10,971

Commercial banks������������������������������������� 34,715 3,691 9,249 723 8,713 852 261 179 306 10,740

Savings institutions ����������������������������������� 2,874 889 0 35 708 679 219 46 67 231

Performance Ratios (annualized, %)

Yield on earning assets������������������������������������ 3.95 11.15 3.09 4.52 4.30 3.44 5.04 3.30

Cost of funding earning assets ������������������������ 0.52 0.91 0.51 0.69 0.58 0.72 0.78 0.55

Net interest margin������������������������������������ 3.43 10.24 2.58 3.83 3.72 2.72 4.26 2.75

Noninterest income to assets��������������������������� 1.80 4.16 1.91 0.70 1.31 0.90 2.16 4.31

Noninterest expense to assets������������������������� 2.96 5.82 2.67 2.53 3.08 2.07 2.88 4.66

Loan and lease loss provision to assets���������� 0.42 2.68 0.30 0.14 0.37 0.40 0.76 0.06

Net operating income to assets ����������������������� 1.01 3.19 0.91 1.32 0.85 0.70 1.67 1.47

Pretax return on assets ������������������������������������ 1.50 4.99 1.25 1.61 1.26 1.07 2.60 2.09

Return on assets����������������������������������������������� 1.06 3.19 0.99 1.36 0.92 0.75 1.67 1.42

Return on equity ����������������������������������������������� 9.38 21.59 10.86 11.76 7.76 6.97 16.80 9.49

Net charge-offs to loans and leases���������������� 1.18 3.66 1.74 0.23 0.74 0.76 1.26 0.42

Loan and lease loss provision to 

net charge-offs ������������������������������������������ 66.12 90.64 50.53 101.60 74.30 96.25 86.05 47.78 9

Efficiency ratio �������������������������������������������������� 60.38 41.42 63.83 59.39 65.72 59.03 45.38 67.70 6

% of unprofitable institutions���������������������������� 10.50 0.00 0.00 3.06 13.89 11.90 9.43 11.59

% of institutions with earnings gains���������������� 57.50 58.82 60.00 51.11 64.75 50.99 64.15 43.32 4

Structural Changes

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

Institutions absorbed by mergers ������������� 49 0 0 6 34 4 0 1 2 2

Failed institutions �������������������������������������� 12 0 0 1 9 2 0 0 0 0

PRIOR THIRD QUARTERS

(The way it was...)

Return on assets (%)��������������������������������2011 1.03 3.04 1.07 1.28 0.77 0.76 2.07 2.12

������������������������������������� 2009 0.06 0.35 -0.04 0.93 -0.32 0.26 0.20 1.03

������������������������������������� 2007 0.92 4.07 0.69 1.30 0.98 0.31 1.17 2.20

Net charge-offs to loans & leases (%) �����2011 1.46 5.07 1.68 0.41 1.14 0.77 1.56 0.27

������������������������������������� 2009 2.72 10.67 3.18 0.60 2.14 1.59 2.64 0.80

������������������������������������� 2007 0.57 3.98 0.77 0.26 0.32 0.42 1.04 0.32

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

Note: Blue font identifies data that are also presented in the prior quarters data at bottom of table
FDIC Quarterly 7 2012, Volume 6, No. 4

Quarterly Banking Profile

TABLE III-A. Third Quarter 2012, All FDIC-Insured Institutions 

Asset Size Distribution Geographic Regions*

THIRD QUARTER

(The way it is...)

All Insured 

Institutions

Less than 

$100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to 

$10 Billion

Greater 

than 

$10 Billion New York Atlanta Chicago

Kansas 

City Dallas

San 

Francisco

Number of institutions reporting����������������������������� 7,181 2,287 4,235 551 108 891 918 1,529 1,738 1,513 592

Commercial banks������������������������������������������� 6,168 2,034 3,608 437 89 475 823 1,270 1,653 1,409 538

Savings institutions ����������������������������������������� 1,013 253 627 114 19 416 95 259 85 104 54

Total assets (in billions)������������������������������������������ $14,222.9 $132.4 $1,278.3 $1,424.4 $11,387.8 $2,927.7 $2,942.9 $3,231.4 $3,059.1 $845

Commercial banks������������������������������������������� 13,069.9 118.0 1,059.2 1,133.6 10,759.1 2,364.0 2,848.4 3,112.1 2,997.7 74

Savings institutions ����������������������������������������� 1,153.1 14.3 219.1 290.8 628.8 563.6 94.5 119.3 61.4

Total deposits (in billions)��������������������������������������� 10,504.2 112.0 1,063.3 1,108.2 8,220.8 2,126.3 2,201.1 2,272.2 2,310.1 

Commercial banks������������������������������������������� 9,622.4 100.5 888.6 887.9 7,745.3 1,698.9 2,131.5 2,182.1 2,260.7 

Savings institutions ����������������������������������������� 881.9 11.5 174.7 220.3 475.5 427.4 69.6 90.2 49.4

Bank net income (in millions) ��������������������������������� 37,589 270 2,775 3,608 30,935 7,367 5,264 7,744 9,733 2,426 5,055

Commercial banks������������������������������������������� 34,715 246 2,412 3,064 28,993 6,577 5,171 7,446 9,720 2,062 3,738

Savings institutions ����������������������������������������� 2,874 24 363 545 1,942 789 93 298 13 365 1,316

Performance Ratios (annualized, %)

Yield on earning assets������������������������������������������ 3.95 4.50 4.51 4.46 3.81 4.22 3.77 3.18 4.2

Cost of funding earning assets ������������������������������ 0.52 0.69 0.74 0.64 0.48 0.58 0.44 0.45 0.5

Net interest margin������������������������������������������ 3.43 3.81 3.77 3.82 3.33 3.64 3.33 2.74 3.7

Noninterest income to assets��������������������������������� 1.80 0.86 1.16 1.33 1.95 1.55 1.72 2.08 1.7

Noninterest expense to assets������������������������������� 2.96 3.29 3.23 3.09 2.91 2.77 3.24 2.90 2.8

Loan and lease loss provision to assets���������������� 0.42 0.19 0.33 0.40 0.43 0.49 0.44 0.31 0.4

Net operating income to assets ����������������������������� 1.01 0.73 0.82 0.98 1.04 0.99 0.62 0.92 1.2

Pretax return on assets ������������������������������������������ 1.50 0.98 1.13 1.36 1.57 1.52 1.05 1.30 1.7

Return on assets����������������������������������������������������� 1.06 0.82 0.87 1.02 1.10 1.02 0.72 0.96 1.2

Return on equity ����������������������������������������������������� 9.38 6.78 7.90 8.56 9.68 8.21 5.85 10.60 11.64 

Net charge-offs to loans and leases���������������������� 1.18 0.36 0.57 0.79 1.34 1.18 1.33 1.04 1.5

Loan and lease loss provision to 

net charge-offs ������������������������������������������������ 66.12 91.01 92.33 80.28 63.21 77.91 58.87 64.13 56.77 

Efficiency ratio �������������������������������������������������������� 60.38 75.63 69.50 63.40 58.85 56.68 69.37 64.31 55.50 

% of unprofitable institutions���������������������������������� 10.50 13.95 9.23 7.80 0.93 9.76 19.83 10.46 7.59

% of institutions with earnings gains���������������������� 57.50 50.24 60.35 64.25 64.81 55.67 63.83 58.01 54.55 

Structural Changes

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

Institutions absorbed by mergers ������������������� 49 25 21 3 0 5 3 7 14 12 8

Failed institutions �������������������������������������������� 12 4 8 0 0 0 5 3 4 0 0

PRIOR THIRD QUARTERS

(The way it was...)

Return on assets (%)��������������������������������������2011 1.03 0.61 0.64 0.91 1.10 0.97 0.76 0.96 1.2

������������������������������������������� 2009 0.06 0.11 -0.10 -0.54 0.17 0.05 -0.16 0.24 0.85

��������������������������������������������2007 0.92 0.78 1.03 1.18 0.87 0.89 0.75 0.90 1.6

Net charge-offs to loans & leases (%) �����������2011 1.46 0.63 0.92 1.00 1.63 1.79 1.70 1.02 1.6

������������������������������������������� 2009 2.72 0.88 1.27 2.17 3.10 3.07 2.70 2.59 2.5

��������������������������������������������2007 0.57 0.26 0.24 0.42 0.66 0.92 0.29 0.44 0.7

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

Note: Blue font identifies data that are also presented in the prior quarters data at bottom of table
FDIC Quarterly 8 2012, Volume 6, No. 4

TABLE IV-A. First Three Quarters 2012, All FDIC-Insured Institutions

Asset Concentration Groups*

FIRST THREE QUARTERS

(The way it is...)

All Insured 

Institutions

Credit 

Card 

Banks

International 

Banks

Agricultural 

Banks

Commercial 

Lenders

Mortgage 

Lenders

Consumer 

Lenders

Other 

Specialized 

<$1 Billion

All Other 

<$1 Billion

All Other 

>$1 Billion

Number of institutions reporting����������������������� 7,181 17 5 1,538 3,577 706 53 397 818 70

Commercial banks������������������������������������� 6,168 14 5 1,517 3,234 217 40 363 717 61

Savings institutions ����������������������������������� 1,013 3 0 21 343 489 13 34 101 9

Total assets (in billions)������������������������������������ $14,222.9 $580.0 $3,774.2 $223.9 $4,125.6 $821.8 $116.9 $63.4 $142.

Commercial banks������������������������������������� 13,069.9 512.6 3,774.2 218.8 3,785.8 273.5 42.0 57.4 118

Savings institutions ����������������������������������� 1,153.1 67.4 0.0 5.1 339.8 548.3 74.9 6.0

Total deposits (in billions)��������������������������������� 10,504.2 318.4 2,609.8 184.7 3,211.7 642.6 96.4 50.4 119

Commercial banks������������������������������������� 9,622.4 276.3 2,609.8 181.7 2,959.7 210.1 33.4 46.4 100

Savings institutions ����������������������������������� 881.9 42.0 0.0 3.0 252.0 432.4 63.0 4.0

Bank net income (in millions) ��������������������������� 106,853 13,426 23,111 2,153 27,618 4,938 1,373 606 1,079 32,550

Commercial banks������������������������������������� 98,274 10,814 23,111 2,055 25,631 2,487 731 527 906 32,012

Savings institutions ����������������������������������� 8,579 2,612 0 97 1,987 2,451 642 79 173 538

Performance Ratios (annualized, %)

Yield on earning assets������������������������������������ 4.02 10.94 3.20 4.52 4.36 3.49 5.12 3.41

Cost of funding earning assets ������������������������ 0.55 0.92 0.54 0.74 0.62 0.74 0.83 0.63

Net interest margin������������������������������������ 3.46 10.02 2.65 3.78 3.74 2.75 4.29 2.79

Noninterest income to assets��������������������������� 1.77 3.99 1.81 0.67 1.23 0.86 2.13 4.09

Noninterest expense to assets������������������������� 2.99 5.87 2.80 2.53 3.03 1.95 2.80 4.57

Loan and lease loss provision to assets���������� 0.41 2.31 0.26 0.15 0.38 0.35 0.95 0.09

Net operating income to assets ����������������������� 0.97 3.16 0.77 1.25 0.86 0.78 1.61 1.33

Pretax return on assets ������������������������������������ 1.46 4.93 1.10 1.53 1.22 1.20 2.49 1.88

Return on assets����������������������������������������������� 1.02 3.14 0.83 1.30 0.91 0.82 1.62 1.26

Return on equity ����������������������������������������������� 9.02 20.95 9.18 11.37 7.71 7.67 16.39 8.59

Net charge-offs to loans and leases���������������� 1.15 3.94 1.53 0.22 0.75 0.78 1.45 0.33

Loan and lease loss provision to 

net charge-offs ������������������������������������������ 67.17 72.09 48.77 116.16 75.56 82.28 92.02 92.34 10

Efficiency ratio �������������������������������������������������� 61.16 43.08 67.73 60.41 65.56 55.92 44.15 68.94 6

% of unprofitable institutions���������������������������� 10.68 0.00 0.00 3.32 14.79 11.33 7.55 8.56

% of institutions with earnings gains���������������� 66.15 58.82 80.00 64.56 71.74 54.25 66.04 55.42 6

Condition Ratios (%)

Earning assets to total assets �������������������������� 87.67 91.13 85.39 92.03 89.31 94.21 94.56 91.87 9

Loss allowance to:

Loans and leases �������������������������������������� 2.20 4.23 3.13 1.57 1.85 1.30 2.02 2.01

Noncurrent loans and leases �������������������� 57.16 307.41 76.99 110.22 64.84 36.30 101.57 80.10 7

Noncurrent assets plus

other real estate owned to assets������������� 2.36 1.10 1.47 1.25 2.49 2.25 1.45 1.10

Equity capital ratio�������������������������������������������� 11.39 14.83 9.17 11.68 11.87 10.83 9.96 15.05 1

Core capital (leverage) ratio ���������������������������� 9.28 13.09 7.45 10.42 10.07 9.91 9.69 13.61 

Tier 1 risk-based capital ratio��������������������������� 13.25 14.26 12.39 15.02 13.10 21.21 13.73 30.22 1

Total risk-based capital ratio ���������������������������� 15.23 16.61 14.68 16.16 14.81 22.19 14.85 31.34 2

Net loans and leases to deposits��������������������� 70.55 139.41 47.56 72.90 84.09 68.11 82.78 35.85 6

Net loans to total assets ���������������������������������� 52.10 76.52 32.89 60.14 65.46 53.26 68.26 28.50 5

Domestic deposits to total assets �������������������� 63.70 50.11 38.35 82.50 77.26 78.10 82.44 79.47 8

Structural Changes

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

Institutions absorbed by mergers ������������� 121 0 1 15 89 9 0 1 3 3

Failed institutions �������������������������������������� 43 0 0 1 35 5 0 0 2 0

PRIOR FIRST THREE QUARTERS

(The way it was...)

Number of institutions ������������������������������2011 7,437 18 5 1,552 3,855 713 71 363 801 59

������������������������������������� 2009 8,099 24 4 1,580 4,540 795 81 284 732 59

������������������������������������� 2007 8,559 28 4 1,634 4,739 780 120 376 821 57

Total assets (in billions)����������������������������2011 $13,811.9 $532.0 $3,665.3 $208.5 $4,170.6 $798.2 $98.8 $54.0 $136.

������������������������������������� 2009 13,226.0 480.2 3,183.4 177.7 5,183.9 852.0 95.8 37.8 102

������������������������������������� 2007 12,706.2 423.5 2,644.0 157.3 5,054.4 1,454.1 95.8 40.1 111

Return on assets (%)��������������������������������2011 0.92 3.62 0.81 1.14 0.71 0.60 1.75 1.80

������������������������������������� 2009 -0.11 -6.25 0.00 0.91 -0.23 0.47 0.22 0.64

������������������������������������� 2007 1.10 3.81 0.87 1.25 1.09 0.73 1.40 2.37

Net charge-offs to loans & leases (%) �����2011 1.61 5.58 2.07 0.36 1.21 0.90 1.78 0.48

������������������������������������� 2009 2.38 9.93 2.90 0.52 1.77 1.26 2.64 0.81

������������������������������������� 2007 0.50 3.90 0.65 0.19 0.28 0.29 0.97 0.30

Noncurrent assets plus 

OREO to assets (%) ��������������������������2011 2.66 1.41 1.59 1.59 3.19 2.68 1.13 0.99

������������������������������������� 2009 3.09 2.18 2.64 1.59 3.71 3.17 1.25 0.60

������������������������������������� 2007 0.73 1.34 0.51 0.81 0.81 1.09 0.53 0.26

Equity capital ratio (%)������������������������������2011 11.30 15.79 8.81 11.50 11.93 10.61 9.86 15.50 1

������������������������������������� 2009 10.76 22.08 8.45 11.32 10.96 9.30 10.87 17.58 1

������������������������������������� 2007 10.44 23.17 7.78 11.32 10.85 9.44 11.89 19.54 1

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

Note: Blue font identifies data that are also presented in the prior quarters data at bottom of table
FDIC Quarterly 9 2012, Volume 6, No. 4

Quarterly Banking Profile

TABLE IV-A. First Three Quarters 2012, All FDIC-Insured Institutions

Asset Size Distribution Geographic Regions*

FIRST THREE QUARTERS

(The way it is...)

All Insured 

Institutions

Less than 

$100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to 

$10 Billion

Greater 

than 

$10 Billion New York Atlanta Chicago

Kansas 

City Dallas

San 

Francisco

Number of institutions reporting����������������������������� 7,181 2,287 4,235 551 108 891 918 1,529 1,738 1,513 592

Commercial banks������������������������������������������� 6,168 2,034 3,608 437 89 475 823 1,270 1,653 1,409 538

Savings institutions ����������������������������������������� 1,013 253 627 114 19 416 95 259 85 104 54

Total assets (in billions)������������������������������������������ $14,222.9 $132.4 $1,278.3 $1,424.4 $11,387.8 $2,927.7 $2,942.9 $3,231.4 $3,059.1 $845

Commercial banks������������������������������������������� 13,069.9 118.0 1,059.2 1,133.6 10,759.1 2,364.0 2,848.4 3,112.1 2,997.7 74

Savings institutions ����������������������������������������� 1,153.1 14.3 219.1 290.8 628.8 563.6 94.5 119.3 61.4

Total deposits (in billions)��������������������������������������� 10,504.2 112.0 1,063.3 1,108.2 8,220.8 2,126.3 2,201.1 2,272.2 2,310.1 

Commercial banks������������������������������������������� 9,622.4 100.5 888.6 887.9 7,745.3 1,698.9 2,131.5 2,182.1 2,260.7 

Savings institutions ����������������������������������������� 881.9 11.5 174.7 220.3 475.5 427.4 69.6 90.2 49.4

Bank net income (in millions) ��������������������������������� 106,853 720 7,982 12,448 85,703 20,302 16,660 21,794 25,339 6,822 15,937

Commercial banks������������������������������������������� 98,274 683 7,015 10,551 80,025 18,003 16,306 20,931 25,049 5,765 12,219

Savings institutions ����������������������������������������� 8,579 37 968 1,897 5,678 2,299 354 862 289 1,056 3,718

Performance Ratios (annualized, %)

Yield on earning assets������������������������������������������ 4.02 4.53 4.55 4.53 3.88 4.29 3.79 3.29 4.3

Cost of funding earning assets ������������������������������ 0.55 0.74 0.79 0.70 0.50 0.62 0.47 0.49 0.6

Net interest margin������������������������������������������ 3.46 3.79 3.76 3.83 3.38 3.67 3.32 2.80 3.7

Noninterest income to assets��������������������������������� 1.77 0.83 1.10 1.47 1.90 1.50 1.81 1.94 1.7

Noninterest expense to assets������������������������������� 2.99 3.29 3.18 3.08 2.96 2.87 3.18 3.00 2.9

Loan and lease loss provision to assets���������������� 0.41 0.21 0.35 0.40 0.42 0.45 0.47 0.22 0.5

Net operating income to assets ����������������������������� 0.97 0.65 0.78 1.13 0.98 0.92 0.68 0.84 1.1

Pretax return on assets ������������������������������������������ 1.46 0.87 1.08 1.54 1.50 1.43 1.12 1.22 1.5

Return on assets����������������������������������������������������� 1.02 0.73 0.84 1.18 1.02 0.94 0.76 0.91 1.1

Return on equity ����������������������������������������������������� 9.02 6.12 7.71 10.04 9.07 7.62 6.26 10.17 10.20 

Net charge-offs to loans and leases���������������������� 1.15 0.38 0.60 0.75 1.30 1.29 1.23 0.93 1.4

Loan and lease loss provision to 

net charge-offs ������������������������������������������������ 67.17 95.66 94.19 83.80 63.83 66.42 68.92 52.40 67.87 

Efficiency ratio �������������������������������������������������������� 61.16 76.63 69.74 61.40 60.05 59.15 67.20 68.05 56.25 

% of unprofitable institutions���������������������������������� 10.68 14.04 9.54 7.08 2.78 9.09 21.24 10.73 7.13

% of institutions with earnings gains���������������������� 66.15 58.33 69.59 71.32 70.37 59.26 70.48 65.99 67.55 

Condition Ratios (%)

Earning assets to total assets ��������������������������������� 87.67 91.10 91.86 91.01 86.74 88.08 86.31 86.64 86.97 

Loss allowance to:

Loans and leases ��������������������������������������������� 2.20 1.78 1.82 1.87 2.31 2.04 2.30 2.34 2.5

Noncurrent loans and leases ��������������������������� 57.16 77.91 67.74 58.17 55.94 80.61 39.56 58.30 60.28 

Noncurrent assets plus

other real estate owned to assets�������������������� 2.36 2.20 2.61 2.68 2.29 1.50 3.66 2.13 2.5

Equity capital ratio��������������������������������������������������� 11.39 12.14 11.11 11.88 11.35 12.38 12.31 9.18 11.04 

Core capital (leverage) ratio ����������������������������������� 9.28 11.46 10.39 10.52 8.97 9.92 9.13 7.63 9.16

Tier 1 risk-based capital ratio���������������������������������� 13.25 18.69 15.64 15.39 12.67 14.54 13.05 11.13 12.64 

Total risk-based capital ratio ����������������������������������� 15.23 19.82 16.85 16.63 14.84 16.15 15.37 13.69 14.44 

Net loans and leases to deposits���������������������������� 70.55 66.18 74.09 79.86 68.89 70.74 73.21 63.84 69.41 

Net loans to total assets ����������������������������������������� 52.10 56.01 61.63 62.13 49.73 51.38 54.75 44.89 52.41 

Domestic deposits to total assets ��������������������������� 63.70 84.63 83.16 77.35 59.57 63.97 70.88 57.81 54.24 

Structural Changes

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

Institutions absorbed by mergers ������������������� 121 51 59 9 2 18 17 11 29 24 22

Failed institutions �������������������������������������������� 43 14 28 1 0 4 18 9 7 4 1

PRIOR FIRST THREE QUARTERS

(The way it was...)

Number of institutions ������������������������������������2011 7,437 2,491 4,279 561 106 924 974 1,563 1,792 1,555 629

������������������������������������������� 2009 8,099 2,915 4,493 579 112 989 1,140 1,666 1,895 1,672 737

��������������������������������������������2007 8,559 3,513 4,391 539 116 1,046 1,215 1,793 1,990 1,740 775

Total assets (in billions)����������������������������������2011 $13,811.9 $142.9 $1,273.4 $1,425.1 $10,970.6 $2,842.2 $2,954.3 $3,169.9 $2,901.9 $801

������������������������������������������� 2009 13,226.0 160.5 1,345.7 1,497.5 10,222.2 2,481.0 3,449.9 3,106.2 1,077.7 75

��������������������������������������������2007 12,706.2 186.1 1,296.7 1,408.2 9,815.2 2,382.1 3,195.9 2,796.4 931.5 65

Return on assets (%)��������������������������������������2011 0.92 0.54 0.59 0.85 0.97 1.07 0.61 0.81 0.9

������������������������������������������� 2009 -0.11 0.19 0.05 -0.37 -0.10 -1.23 0.10 0.22 0.73

��������������������������������������������2007 1.10 0.84 1.06 1.09 1.12 1.00 1.05 1.01 1.6

Net charge-offs to loans & leases (%) �����������2011 1.61 0.58 0.85 1.17 1.81 1.97 1.73 1.19 1.9

������������������������������������������� 2009 2.38 0.78 1.01 1.83 2.74 2.73 2.18 2.15 2.4

��������������������������������������������2007 0.50 0.18 0.19 0.35 0.59 0.86 0.25 0.37 0.6

Noncurrent assets plus 

OREO to assets (%) ��������������������������������2011 2.66 2.39 3.18 3.26 2.52 1.79 3.81 2.41 2.7

������������������������������������������� 2009 3.09 2.13 3.14 3.52 3.03 1.92 3.52 3.19 3.4

��������������������������������������������2007 0.73 0.87 0.89 0.83 0.70 0.67 0.54 0.78 1.1

Equity capital ratio (%)������������������������������������2011 11.30 11.98 10.80 11.85 11.27 12.55 12.18 8.62 11.18 

������������������������������������������� 2009 10.76 12.41 10.11 10.75 10.82 12.27 11.57 8.68 10.85 

��������������������������������������������2007 10.44 13.68 10.57 11.38 10.23 12.43 10.14 9.09 10.13 

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

Note: Blue font identifies data that are also presented in the prior quarters data at bottom of table
FDIC Quarterly 10 2012, Volume 6, No. 4

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

Asset Concentration Groups*

September 30, 2012 All Insured 

Institutions

Credit 

Card 

Banks

International 

Banks

Agricultural 

Banks

Commercial 

Lenders

Mortgage 

Lenders

Consumer 

Lenders

Other 

Specialized 

<$1 Billion

All Other 

<$1 

Billion

All Other 

>$1 

Billion

Percent of Loans 30-89 Days Past Due

All loans secured by real estate ��������������������������������������� 1.47 0.39 2.02 0.82 1.04 1.23 1.07 1.50

Construction and development��������������������������������� 1.05 0.00 0.64 1.22 1.11 1.25 1.10 0.94

Nonfarm nonresidential��������������������������������������������� 0.75 0.00 0.55 0.70 0.73 0.80 0.70 1.29

Multifamily residential real estate ����������������������������� 0.41 0.00 0.09 0.75 0.46 0.61 0.34 0.39

Home equity loans����������������������������������������������������� 0.97 0.46 1.33 0.60 0.80 0.60 0.90 0.60

Other 1-4 family residential��������������������������������������� 2.24 0.46 3.15 1.57 1.61 1.34 1.31 1.98

Commercial and industrial loans ������������������������������������� 0.35 1.09 0.22 1.02 0.40 0.78 1.28 1.17

Loans to individuals���������������������������������������������������������� 1.55 1.41 1.70 1.66 1.52 1.41 1.46 1.92

Credit card loans ������������������������������������������������������� 1.42 1.39 1.55 1.52 1.23 1.57 0.77 1.26

Other loans to individuals ����������������������������������������� 1.69 1.74 1.95 1.67 1.55 1.40 1.78 1.97

All other loans and leases (including farm) ��������������������� 0.26 0.02 0.30 0.36 0.23 0.08 2.06 0.41

Total loans and leases������������������������������������������������������ 1.15 1.38 1.21 0.78 0.88 1.18 1.36 1.45

Percent of Loans Noncurrent**

All real estate loans ���������������������������������������������������������� 6.34 2.53 9.27 1.84 3.82 3.80 2.32 3.00 

Construction and development.................................. 9.54 0

Nonfarm nonresidential��������������������������������������������� 3.16 0.00 1.94 2.66 3.11 3.43 3.60 3.10

Multifamily residential real estate ����������������������������� 1.84 0.00 0.90 2.11 1.98 1.63 5.00 1.95

Home equity loans����������������������������������������������������� 2.88 0.00 4.30 1.01 1.42 1.72 2.37 0.78

Other 1-4 family residential��������������������������������������� 9.63 3.50 15.47 1.50 4.49 3.99 1.81 1.99 

Commercial and industrial loans ������������������������������������� 0.97 1.24 0.96 1.76 1.14 1.78 1.36 1.48

Loans to individuals���������������������������������������������������������� 1.23 1.40 1.36 0.58 1.28 0.95 1.90 1.09

Credit card loans ������������������������������������������������������� 1.40 1.39 1.45 0.32 1.19 1.00 1.05 0.94

Other loans to individuals ����������������������������������������� 1.04 1.45 1.21 0.60 1.29 0.94 2.29 1.10

All other loans and leases (including farm) ��������������������� 0.39 0.02 0.35 0.43 0.50 0.15 0.34 1.77

Total loans and leases������������������������������������������������������ 3.85 1.38 4.06 1.42 2.85 3.57 1.98 2.51

Percent of Loans Charged-off (net, YTD)

All real estate loans ���������������������������������������������������������� 1.08 10.13 1.78 0.22 0.85 0.79 1.54 0.24

Construction and development��������������������������������� 1.87 0.00 1.18 1.05 2.21 1.89 0.90 0.42

Nonfarm nonresidential��������������������������������������������� 0.55 0.00 0.29 0.27 0.60 0.86 1.35 0.30

Multifamily residential real estate ����������������������������� 0.34 0.00 0.17 0.27 0.44 0.28 0.07 0.50

Home equity loans����������������������������������������������������� 2.19 33.28 2.72 0.33 1.17 2.53 2.25 0.46

Other 1-4 family residential��������������������������������������� 1.08 5.40 2.22 0.22 0.82 0.61 0.97 0.16

Commercial and industrial loans ������������������������������������� 0.55 4.03 0.44 0.44 0.52 0.55 5.08 0.19

Loans to individuals���������������������������������������������������������� 2.57 3.96 3.60 0.37 0.96 1.48 1.27 0.47

Credit card loans ������������������������������������������������������� 4.04 3.99 4.76 0.54 3.94 4.53 2.67 2.36

Other loans to individuals ����������������������������������������� 0.98 3.39 1.60 0.35 0.65 1.19 0.62 0.34

All other loans and leases (including farm) ��������������������� 0.17 0.00 0.11 0.00 0.27 0.13 1.91 1.36

Total loans and leases������������������������������������������������������ 1.15 3.94 1.53 0.22 0.75 0.78 1.45 0.33

Loans Outstanding (in billions)

All real estate loans ���������������������������������������������������������� $4,087.4 $0.1 $485.8 $79.8 $1,781.7 $409.2 $19.7 $12.9 $58.

Construction and development��������������������������������� 210.4 0.0 6.4 3.8 139.4 7.0 0.4 1.

Nonfarm nonresidential��������������������������������������������� 1,058.0 0.0 35.1 22.4 711.0 30.1 1.6 4.6 

Multifamily residential real estate ����������������������������� 227.8 0.0 40.6 2.0 135.3 10.9 0.3 0.

Home equity loans����������������������������������������������������� 567.3 0.0 99.7 1.6 183.2 30.6 8.3 0.5

Other 1-4 family residential��������������������������������������� 1,889.9 0.1 248.4 21.0 579.6 329.0 9.0 5.8 

Commercial and industrial loans ������������������������������������� 1,454.9 36.9 263.7 17.2 613.5 10.6 2.2 2.2

Loans to individuals���������������������������������������������������������� 1,295.1 423.6 255.5 6.4 194.2 9.1 59.5 2.2

Credit card loans ������������������������������������������������������� 667.9 404.3 161.4 0.5 19.1 0.9 18.6 0.

Other loans to individuals ����������������������������������������� 627.3 19.3 94.2 5.9 175.1 8.2 40.9 2.1

All other loans and leases (including farm) ��������������������� 742.1 2.9 276.6 33.5 163.1 14.6 0.3 1.1

Total loans and leases (plus unearned income)�������������� 7,579.5 463.4 1,281.6 136.8 2,752.5 443.5 81.7 18.4 77

Memo: Other Real Estate Owned (in millions)

All other real estate owned����������������������������������������������� 41,044.2 0.1 2,605.1 799.9 23,605.3 2,630.3 72.1 224.6 720.

Construction and development��������������������������������� 13,349.0 0.0 80.5 275.6 10,482.5 514.9 9.9 93.2 214

Nonfarm nonresidential��������������������������������������������� 9,641.3 0.0 52.2 283.4 7,036.1 355.2 26.7 80.3 222

Multifamily residential real estate ����������������������������� 1,199.4 0.0 4.0 22.9 812.7 40.8 15.2 7.6 

1-4 family residential ������������������������������������������������� 8,766.3 0.1 814.3 164.4 4,214.7 1,037.6 19.5 41.0 244

Farmland�������������������������������������������������������������������� 442.6 0.0 0.0 53.6 334.1 4.1 0.8 2.4

GNMA properties������������������������������������������������������� 7,511.2 0.0 1,569.0 0.1 678.0 677.4 0.0 0.0 1

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

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

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

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

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

exceed 25 percent of total assets

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

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

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

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

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

concentrations

** Noncurrent loan rates represent the percentage of loans in each category that are past due 90 days or more or that are in nonaccrual status
FDIC Quarterly 11 2012, Volume 6, No. 4

Quarterly Banking Profile

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

Asset Size Distribution Geographic Regions*

September 30, 2012 All Insured 

Institutions

Less than 

$100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to 

$10 Billion

Greater 

than 

$10 Billion New York Atlanta Chicago

Kansas 

City Dallas

San 

Francisco

Percent of Loans 30-89 Days Past Due 

All loans secured by real estate ������������������������������ 1.47 1.49 1.12 0.96 1.66 1.10 1.65 1.33 2.1

Construction and development������������������������ 1.05 1.35 1.20 1.14 0.94 1.47 1.08 0.96 0.6

Nonfarm nonresidential������������������������������������ 0.75 1.16 0.98 0.65 0.68 0.73 0.72 0.71 0.9

Multifamily residential real estate �������������������� 0.41 0.75 0.67 0.50 0.32 0.35 0.54 0.44 0.4

Home equity loans�������������������������������������������� 0.97 0.97 0.79 0.73 1.00 0.67 1.22 1.06 0.9

Other 1-4 family residential������������������������������ 2.24 2.10 1.44 1.48 2.49 1.51 2.38 2.00 3.4

Commercial and industrial loans ���������������������������� 0.35 1.42 0.90 0.55 0.27 0.52 0.25 0.38 0.2

Loans to individuals������������������������������������������������� 1.55 2.11 1.68 1.52 1.55 1.40 2.16 1.53 1.5

Credit card loans ���������������������������������������������� 1.42 1.32 1.99 1.74 1.41 1.27 2.02 1.24 1.5

Other loans to individuals �������������������������������� 1.69 2.11 1.65 1.43 1.71 1.75 2.24 1.62 1.6

All other loans and leases (including farm) ������������ 0.26 0.40 0.34 0.24 0.25 0.13 0.10 0.51 0.1

Total loans and leases��������������������������������������������� 1.15 1.39 1.08 0.90 1.19 1.01 1.30 1.05 1.4

Percent of Loans Noncurrent** 

All real estate loans ������������������������������������������������� 6.34 2.73 3.05 4.01 7.69 3.77 9.66 6.80 7.3

Construction and development������������������������ 9.54 7.66 8.93 10.03 9.66 10.78 11.87 9.10 8.7

Nonfarm nonresidential������������������������������������ 3.16 3.47 2.91 3.21 3.25 3.05 3.60 3.44 3.1

Multifamily residential real estate �������������������� 1.84 2.83 2.38 2.15 1.61 1.19 2.96 2.07 1.7

Home equity loans�������������������������������������������� 2.88 1.13 1.37 1.35 3.12 1.41 3.72 3.33 3.1

Other 1-4 family residential������������������������������ 9.63 2.31 2.41 4.64 11.68 4.55 14.68 10.92 11.6

Commercial and industrial loans ���������������������������� 0.97 2.16 1.89 1.63 0.80 1.26 0.81 1.04 0.9

Loans to individuals������������������������������������������������� 1.23 0.94 0.94 0.82 1.26 1.22 1.39 1.09 1.2

Credit card loans ���������������������������������������������� 1.40 0.66 1.39 1.45 1.40 1.29 1.66 1.41 1.4

Other loans to individuals �������������������������������� 1.04 0.94 0.90 0.57 1.09 1.03 1.23 0.99 0.9

All other loans and leases (including farm) ������������ 0.39 0.56 0.62 0.57 0.36 0.18 0.24 0.25 0.6

Total loans and leases��������������������������������������������� 3.85 2.29 2.68 3.21 4.14 2.52 5.82 4.01 4.1

Percent of Loans Charged-off (net, YTD) 

All real estate loans ������������������������������������������������� 1.08 0.37 0.56 0.73 1.28 0.57 1.53 1.16 1.4

Construction and development������������������������ 1.87 1.27 1.76 2.26 1.76 1.75 2.79 1.98 1.4

Nonfarm nonresidential������������������������������������ 0.55 0.40 0.46 0.58 0.58 0.47 0.81 0.76 0.3

Multifamily residential real estate �������������������� 0.34 0.44 0.51 0.45 0.26 0.32 0.50 0.38 0.2

Home equity loans�������������������������������������������� 2.19 0.60 0.56 1.18 2.39 0.81 3.01 1.96 3.0

Other 1-4 family residential������������������������������ 1.08 0.33 0.46 0.56 1.27 0.50 1.29 1.15 1.6

Commercial and industrial loans ���������������������������� 0.55 0.58 0.82 0.63 0.52 0.83 0.48 0.44 0.5

Loans to individuals������������������������������������������������� 2.57 0.49 0.90 1.49 2.69 3.50 1.65 1.53 3.4

Credit card loans ���������������������������������������������� 4.04 1.41 4.48 3.50 4.05 4.22 3.01 3.67 4.8

Other loans to individuals �������������������������������� 0.98 0.48 0.63 0.70 1.04 1.43 0.86 0.83 1.4

All other loans and leases (including farm) ������������ 0.17 0.00 0.25 0.27 0.15 0.13 0.18 0.12 0.1

Total loans and leases��������������������������������������������� 1.15 0.38 0.60 0.75 1.30 1.29 1.23 0.93 1.4

Loans Outstanding (in billions) 

All real estate loans ������������������������������������������������� $4,087.4 $52.3 $622.2 $643.4 $2,769.5 $830.3 $926.6 $792.4 $820.6 $3

Construction and development������������������������ 210.4 3.0 51.6 49.5 106.2 37.2 53.9 34.2 32.

Nonfarm nonresidential������������������������������������ 1,058.0 15.2 247.9 260.6 534.3 239.4 217.3 187.8 160.1 

Multifamily residential real estate �������������������� 227.8 1.6 31.2 49.2 145.8 73.3 28.6 64.9 22

Home equity loans�������������������������������������������� 567.3 1.5 30.9 45.6 489.3 93.7 152.1 140.2 125.

Other 1-4 family residential������������������������������ 1,889.9 23.1 224.0 224.3 1,418.4 379.4 465.9 348.6 400.1 

Commercial and industrial loans ���������������������������� 1,454.9 9.3 102.9 146.9 1,195.8 216.0 342.3 303.8 329.7 

Loans to individuals������������������������������������������������� 1,295.1 5.0 36.3 69.6 1,184.2 368.6 235.9 187.7 282.2

Credit card loans ���������������������������������������������� 667.9 0.1 2.7 19.8 645.3 271.3 88.9 46.2 164.

Other loans to individuals �������������������������������� 627.3 4.9 33.6 49.8 538.9 97.3 147.0 141.5 118.

All other loans and leases (including farm) ������������ 742.1 8.9 41.3 42.6 649.2 121.0 144.7 201.4 212.

Total loans and leases (plus unearned income)����� 7,579.5 75.5 802.8 902.5 5,798.8 1,536.0 1,649.4 1,485.4 1,644.8 

Memo: Other Real Estate Owned (in millions) 

All other real estate owned�������������������������������������� 41,044.2 1,152.5 11,632.8 9,042.2 19,216.7 4,717.3 11,216.0 8,901.4 7,845.1 5,27

Construction and development������������������������ 13,349.0 371.9 5,266.5 4,259.0 3,451.6 1,148.6 3,907.1 1,895.6 2,546.7 2,47

Nonfarm nonresidential������������������������������������ 9,641.3 394.7 3,664.0 2,592.5 2,990.1 1,269.2 2,046.7 1,967.1 1,847.3 1,

Multifamily residential real estate �������������������� 1,199.4 62.3 344.7 295.0 497.5 187.0 259.1 285.1 197.7 

1-4 family residential ���������������������������������������� 8,766.3 295.3 2,142.4 1,659.8 4,668.9 1,537.6 2,219.7 1,970.3 1,519.9 

Farmland����������������������������������������������������������� 442.6 28.0 212.2 129.7 72.6 42.0 89.0 94.9 69.2

GNMA properties���������������������������������������������� 7,511.2 0.3 3.1 106.2 7,401.5 485.8 2,694.4 2,688.5 1,577.

* Regions:

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

U.S. Virgin Islan

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

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

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

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

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

** Noncurrent loan rates represent the percentage of loans in each category that are past due 90 days or more or that are in nonaccrual status
FDIC Quarterly 12 2012, Volume 6, No. 4

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

Asset Size Distribution

(dollar figures in millions;

notional amounts unless otherwise indicated)

3rd 

Quarter 

2012

2nd 

Quarter 

2012

1st 

Quarter 

2012

4th 

Quarter 

2011

3rd 

Quarter 

2011

%Change 

11Q3-12Q3

Less 

than $100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to $10 

Billion

Greater than 

$10 Billion

ALL DERIVATIVE HOLDERS 

Number of institutions reporting derivatives����������������� 1,357 1,324 1,291 1,190 1,188 14.2 90 835 339 9

Total assets of institutions reporting derivatives ���������� $12,412,813 $12,210,299 $12,090,061 $11,467,580 $11,351,495 9.3 $6,491 $338,515 $999,122 $11,068,68

Total deposits of institutions reporting derivatives������� 9,068,235 8,883,285 8,806,818 8,298,430 8,106,828 11.9 5,436 277,800 785,650 7,999,34

Total derivatives������������������������������������������������������������� 229,317,269 225,007,648 230,639,664 232,052,878 250,633,580 -8.5 343 29,396 101,520 229,186,01

Derivative Contracts by Underlying Risk Exposure 

Interest rate�������������������������������������������������������������������� 181,462,820 178,823,823 183,994,872 187,866,327 202,446,956 -10.4 340 29,055 92,058 181,341,36

Foreign exchange*��������������������������������������������������������� 30,099,276 29,090,375 29,212,378 26,499,571 29,283,448 2.8 0 9 8,493 30,090,77

Equity ����������������������������������������������������������������������������� 2,175,538 1,977,189 1,900,387 1,597,348 1,817,138 19.7 3 76 613 2,174,84

Commodity & other (excluding credit derivatives)�������� 1,581,520 1,491,921 1,480,952 1,330,418 1,424,723 11.0 0 12 189 1,581,31

Credit������������������������������������������������������������������������������ 13,998,115 13,624,340 14,051,075 14,759,214 15,661,315 -10.6 0 245 167 13,997,70

Total�������������������������������������������������������������������������������� 229,317,269 225,007,648 230,639,664 232,052,878 250,633,580 -8.5 343 29,396 101,520 229,186,01

Derivative Contracts by Transaction Type 

Swaps ���������������������������������������������������������������������������� 135,584,436 134,469,546 138,658,393 146,265,646 156,143,298 -13.2 24 6,265 48,775 135,529,37

Futures & forwards �������������������������������������������������������� 44,033,578 40,615,907 40,646,839 37,468,803 40,026,993 10.0 160 11,111 29,375 43,992,93

Purchased options��������������������������������������������������������� 16,580,266 16,896,065 17,533,104 16,489,887 18,453,831 -10.2 19 656 5,251 16,574,33

Written options��������������������������������������������������������������� 16,802,985 16,708,048 17,226,457 16,006,100 17,860,476 -5.9 139 11,119 17,434 16,774,29

Total�������������������������������������������������������������������������������� 213,001,264 208,689,565 214,064,793 216,230,435 232,484,598 -8.4 343 29,151 100,836 212,870,93

Fair Value of Derivative Contracts 

Interest rate contracts���������������������������������������������������� 98,483 92,863 93,619 89,141 92,984 5.9 1 99 45 98,33

Foreign exchange contracts������������������������������������������ -13,618 -3,883 -3,875 25,705 33,038 N/M 0 0 3 -13,621

Equity contracts������������������������������������������������������������� -264 3,453 -281 1,657 6,441 N/M 0 1 9 -274

Commodity & other (excluding credit derivatives)�������� -2,604 -1,719 -2,004 -1,559 773 N/M 0 0 2 -2,607

Credit derivatives as guarantor������������������������������������� -84,508 -179,196 -127,599 -289,532 -370,779 N/M 0 -1 2 -84,509

Credit derivatives as beneficiary����������������������������������� 87,900 185,191 131,291 303,241 387,580 -77.3 0 -3 -3 87,90

Derivative Contracts by Maturity** 

Interest rate contracts ����������������������������� < 1 year 84,181,197 82,514,188 85,888,695 87,811,960 95,374,645 -11.7 120 10,474 28,512 84,142,09

 ������������������������������������������ 1-5 years 30,961,449 30,337,272 31,691,226 32,750,418 34,134,320 -9.3 22 3,100 25,193 30,933,13

 ������������������������������������������ > 5 years 21,989,589 21,795,561 22,691,140 24,167,662 24,968,981 -11.9 42 3,113 16,372 21,970,06

Foreign exchange contracts ������������������� < 1 year 18,781,964 18,604,099 18,849,154 17,538,351 19,219,846 -2.3 0 8 6,037 18,775,91

 ������������������������������������������ 1-5 years 2,894,865 2,926,354 3,017,933 3,088,258 2,990,392 -3.2 0 0 183 2,894,68

 ������������������������������������������ > 5 years 1,453,450 1,422,938 1,349,611 1,502,619 1,474,701 -1.4 0 0 13 1,453,43

Equity contracts��������������������������������������� < 1 year 638,274 597,782 539,407 426,621 375,359 70.0 0 8 98 638,16

 ������������������������������������������ 1-5 years 290,474 262,864 241,998 210,410 241,995 20.0 0 14 131 290,32

 ������������������������������������������ > 5 years 85,427 81,390 88,815 93,653 97,743 -12.6 0 2 15 85,41

Commodity & other contracts ����������������� < 1 year 460,082 442,492 481,515 375,875 434,161 6.0 0 5 63 460,01

 ������������������������������������������ 1-5 years 247,795 205,411 203,940 241,723 266,044 -6.9 0 0 26 247,76

 ������������������������������������������ > 5 years 25,053 24,628 20,361 46,181 29,127 -14.0 0 0 0 25,05

Risk-Based Capital: Credit Equivalent Amount 

Total current exposure to tier 1 capital (%)������������������� 37.2 38.9 36.3 44.5 52.5 0.1 0.7

Total potential future exposure to tier 1 capital (%)������ 66.4 66.1 71.9 79.3 82.8 0.1 0.2

Total exposure (credit equivalent amount) 

to tier 1 capital (%)�������������������������������������������������� 103.6 105.1 108.2 123.8 135.3 0.2 0.9 

Credit losses on derivatives***���������������������������������� 157.0 131.0 76.0 1,833.0 1,764.0 -91.1 0.0 0.0

HELD FOR TRADING 

Number of institutions reporting derivatives����������������� 247 233 211 199 193 28.0 11 105 71 6

Total assets of institutions reporting derivatives ���������� 9,952,855 9,801,805 9,692,272 9,516,214 9,461,453 5.2 801 45,746 259,153 9,647,15

Total deposits of institutions reporting derivatives������� 7,267,765 7,116,089 7,069,580 6,917,213 6,771,052 7.3 674 37,652 203,536 7,025,90

Derivative Contracts by Underlying Risk Exposure 

Interest rate�������������������������������������������������������������������� 177,552,612 174,789,128 179,986,754 183,942,529 198,324,257 -10.5 14 3,321 17,790 177,531,48

Foreign exchange���������������������������������������������������������� 26,859,757 25,617,989 25,880,306 24,778,742 26,436,205 1.6 0 0 3,291 26,856,46

Equity ����������������������������������������������������������������������������� 2,162,053 1,963,322 1,886,777 1,590,343 1,810,372 19.4 0 0 42 2,162,01

Commodity & other�������������������������������������������������������� 1,559,924 1,475,527 1,462,081 1,305,575 1,403,972 11.1 0 0 41 1,559,88

Total�������������������������������������������������������������������������������� 208,134,345 203,845,967 209,215,918 211,617,189 227,974,807 -8.7 14 3,321 21,164 208,109,84

Trading Revenues: Cash & Derivative Instruments 

Interest rate�������������������������������������������������������������������� 4,458 2,873 5,630 252 2,083 114.0 0 1 36 4,42

Foreign exchange���������������������������������������������������������� 890 2,131 1,504 2,229 2,632 -66.2 0 0 4 88

Equity ����������������������������������������������������������������������������� 637 1,010 257 -111 1,443 -55.9 0 0 1 63

Commodity & other (including credit derivatives) �������� -721 -4,024 -1,032 160 2,323 N/M 0 0 0 -721

Total trading revenues��������������������������������������������������� 5,264 1,990 6,358 2,529 8,480 -37.9 0 1 41 5,22

Share of Revenue 

Trading revenues to gross revenues (%) ���������������������� 4.4 1.7 5.2 2.2 7.2 0.0 0.

Trading revenues to net operating revenues (%)���������� 23.1 10.5 30.2 17.4 40.6 0.0 1.1

HELD FOR PURPOSES OTHER THAN TRADING 

Number of institutions reporting derivatives����������������� 1,205 1,184 1,170 1,074 1,080 11.6 80 740 300 8

Total assets of institutions reporting derivatives ���������� 11,980,732 11,791,682 11,775,273 11,167,018 11,130,959 7.6 5,763 298,031 893,323 10,783,61

Total deposits of institutions reporting derivatives������� 8,724,360 8,548,684 8,563,358 8,065,829 7,938,185 9.9 4,825 244,282 701,843 7,773,40

Derivative Contracts by Underlying Risk 

Exposure 

Interest rate�������������������������������������������������������������������� 3,910,209 4,034,694 4,008,119 3,923,798 4,122,699 -5.2 326 25,735 74,268 3,809,88

Foreign exchange���������������������������������������������������������� 921,630 778,644 808,276 657,600 359,576 156.3 0 8 4,684 916,93

Equity ����������������������������������������������������������������������������� 13,485 13,866 13,610 7,005 6,766 99.3 3 76 571 12,83

Commodity & other�������������������������������������������������������� 21,596 16,394 18,871 24,842 20,751 4.1 0 11 148 21,43

Total notional amount ���������������������������������������������������� 4,866,919 4,843,598 4,848,875 4,613,246 4,509,791 7.9 328 25,830 79,672 4,761,08

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

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

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

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

in total assets
FDIC Quarterly 13 2012, Volume 6, No. 4

Quarterly Banking Profile

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

Asset Size Distribution

(dollar figures in millions)

3rd 

Quarter

2012

2nd 

Quarter

2012

1st 

Quarter

2012

4th 

Quarter 

2011

3rd 

Quarter 

2011

% Change 

11Q3-

12Q3

Less than 

$100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to $10 

Billion

Greater 

than $10 

Billion

Assets Securitized and Sold with Servicing Retained or with 

Recourse or Other Seller-Provided Credit Enhancements 

Number of institutions reporting securitization activities ����������������������������������������� 173 172 176 139 138 25.4 24 88 27 3

Outstanding Principal Balance by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� $754,591 $750,636 $741,903 $730,853 $749,803 0.6 $193 $3,432 $11,035 $739,93

Home equity loans��������������������������������������������������������������������������������������������� 51 52 54 0 0 0.0 0 1 0 5

Credit card receivables�������������������������������������������������������������������������������������� 18,423 16,988 18,691 11,818 10,561 74.4 0 495 0 17,92

Auto loans ���������������������������������������������������������������������������������������������������������� 4,307 4,520 2,822 946 1,034 316.5 0 0 0 4,30

Other consumer loans ��������������������������������������������������������������������������������������� 4,865 4,826 4,748 4,862 4,979 -2.3 0 3 0 4,86

Commercial and industrial loans����������������������������������������������������������������������� 3,373 57 61 62 70 4718.6 1 14 1 3,35

All other loans, leases, and other assets���������������������������������������������������������� 205,059 209,102 204,771 196,124 198,826 3.1 2 2,516 5,668 196,87

Total securitized and sold������������������������������������������������������������������������������������������ 990,670 986,180 973,049 944,665 965,273 2.6 197 6,463 16,703 967,30

Maximum Credit Exposure by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� 3,583 3,692 3,797 3,895 4,116 -12.9 1 74 47 3,46

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

Credit card receivables�������������������������������������������������������������������������������������� 666 611 617 550 561 18.7 0 197 0 47

Auto loans ���������������������������������������������������������������������������������������������������������� 0 1 1 2 3 -100.0 0 0 0 

Other consumer loans ��������������������������������������������������������������������������������������� 206 209 205 208 216 -4.6 0 0 0 20

Commercial and industrial loans����������������������������������������������������������������������� 14 0 0 0 0 0.0 0 0 0 1

All other loans, leases, and other assets���������������������������������������������������������� 2,189 2,302 3,015 1,309 697 214.1 0 4 0 2,18

Total credit exposure ������������������������������������������������������������������������������������������������� 6,659 6,816 7,636 5,964 5,592 19.1 1 275 47 6,33

Total unused liquidity commitments provided to institution's own securitizations ��� 125 127 121 121 129 -3.1 0 4 0 12

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

1-4 family residential loans�������������������������������������������������������������������������������� 4.1 3.7 3.4 4.0 4.2 0.4 0.

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

Credit card receivables�������������������������������������������������������������������������������������� 0.8 0.8 0.9 1.4 1.8 0.0 1.

Auto loans ���������������������������������������������������������������������������������������������������������� 0.4 0.4 0.3 0.4 0.1 0.0 0.

Other consumer loans ��������������������������������������������������������������������������������������� 5.6 4.6 5.1 5.6 4.4 0.0 0.

Commercial and industrial loans����������������������������������������������������������������������� 0.0 4.6 0.5 0.5 0.0 0.0 0.

All other loans, leases, and other assets���������������������������������������������������������� 1.1 1.3 0.9 0.6 1.4 0.0 0.

Total loans, leases, and other assets ����������������������������������������������������������������������� 3.4 3.2 2.8 3.3 3.6 0.4 0.

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

1-4 family residential loans�������������������������������������������������������������������������������� 4.8 5.5 5.6 6.4 6.4 0.2 0.

Home equity loans��������������������������������������������������������������������������������������������� 29.1 26.1 25.8 0.0 0.0 0.0 0.0

Credit card receivables�������������������������������������������������������������������������������������� 0.3 0.3 0.4 0.6 0.7 0.0 1.

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

Other consumer loans ��������������������������������������������������������������������������������������� 5.6 5.0 5.5 6.2 4.6 0.0 0.

Commercial and industrial loans����������������������������������������������������������������������� 0.0 3.6 4.0 0.0 0.0 0.0 0.0

All other loans, leases, and other assets���������������������������������������������������������� 8.0 6.9 7.1 7.5 6.6 0.0 0.

Total loans, leases, and other assets ����������������������������������������������������������������������� 5.3 5.6 5.8 6.6 6.4 0.1 0.

Securitized Loans, Leases, and Other Assets Charged-off 

(net, YTD, annualized, %) 

1-4 family residential loans�������������������������������������������������������������������������������� 1.0 0.7 0.3 1.2 0.9 0.0 0.

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

Credit card receivables�������������������������������������������������������������������������������������� 2.0 1.5 4.9 5.3 4.7 0.0 4.

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

Other consumer loans ��������������������������������������������������������������������������������������� 0.8 0.5 0.3 1.2 0.9 0.0 0.

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

All other loans, leases, and other assets���������������������������������������������������������� 0.3 0.2 0.1 0.4 0.2 0.0 0.

Total loans, leases, and other assets ����������������������������������������������������������������������� 0.9 0.6 0.4 1.1 0.8 0.0 0.

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

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

Credit card receivables�������������������������������������������������������������������������������������� 13,291 14,964 13,100 9,052 9,252 43.7 0 159 0 13,13

Commercial and industrial loans����������������������������������������������������������������������� 0 3 3 2 2 -100.0 0 0 0 

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

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

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

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

Assets Sold with Recourse and Not Securitized 

Number of institutions reporting asset sales������������������������������������������������������������ 1,000 999 981 878 861 16.1 161 638 155 4

Outstanding Principal Balance by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� 55,488 57,566 55,133 52,708 52,348 6.0 1,297 13,167 10,718 30,30

Home equity, credit card receivables, auto, and other consumer loans ��������� 863 883 895 913 1,296 -33.4 0 2 20 84

Commercial and industrial loans����������������������������������������������������������������������� 46 70 58 56 70 -34.3 0 28 6 1

All other loans, leases, and other assets���������������������������������������������������������� 63,170 62,899 63,221 53,528 55,111 14.6 1 45 416 62,70

Total sold and not securitized������������������������������������������������������������������������������������ 119,568 121,418 119,307 107,205 108,825 9.9 1,298 13,242 11,160 93,86

Maximum Credit Exposure by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� 16,049 17,057 14,471 13,367 12,706 26.3 154 3,268 5,373 7,25

Home equity, credit card receivables, auto, and other consumer loans ��������� 164 168 170 176 188 -12.8 0 1 5 15

Commercial and industrial loans����������������������������������������������������������������������� 38 40 41 39 53 -28.3 0 28 5 

All other loans, leases, and other assets���������������������������������������������������������� 14,438 14,277 14,320 13,962 13,789 4.7 1 25 39 14,37

Total credit exposure ������������������������������������������������������������������������������������������������� 30,689 31,542 29,002 27,544 26,735 14.8 156 3,323 5,422 21,78

Support for Securitization Facilities Sponsored by Other Institutions 

Number of institutions reporting securitization facilities sponsored by others ������� 172 176 176 164 158 8.9 17 102 33 2

Total credit exposure ������������������������������������������������������������������������������������������������� 62,200 62,952 70,542 62,015 44,284 40.5 15 259 450 61,47

Total unused liquidity commitments ������������������������������������������������������������������������� 776 1,275 621 567 593 30.9 0 0 0 77

Other

Assets serviced for others*��������������������������������������������������������������������������������������� 5,500,149 5,616,079 5,793,312 5,471,052 5,637,377 -2.4 4,783 118,801 264,528 5,112,03

Asset-backed commercial paper conduits 

Credit exposure to conduits sponsored by institutions and others������������������ 8,009 12,801 11,429 11,672 11,484 -30.3 5 1 2 8,00

Unused liquidity commitments to conduits sponsored by institutions 

 and others �������������������������������������������������������������������������������������������������� 70,886 73,694 76,121 81,848 71,757 -1.2 0 0 946 69,94

Net servicing income (for the quarter)���������������������������������������������������������������������� 2,634 2,405 4,462 3,311 -1,649 -259.7 6 178 95 2,35

Net securitization income (for the quarter)��������������������������������������������������������������� 509 246 277 237 179 184.4 0 22 6 48

Total credit exposure to Tier 1 capital (%)** ������������������������������������������������������������� 7.9 8.1 8.7 7.8 6.3 1.10 2.90 

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

** Total credit exposure includes the sum of the three line items titled “Total credit exposure” reported above

FDIC Quarterly 15 2012, Volume 6, No. 4

Quarterly Banking Profile

Total assets of the 7,181 FDIC-insured institutions 

increased by 1.4 percent ($192.1 billion) during the 

third quarter of 2012.1 Total deposits increased by 1.8 

percent ($181.7 billion), domestic office deposits 

increased by 1.6 percent ($146.5 billion), and foreign 

office deposits increased by 2.5 percent ($35.2 billion). 

Domestic noninterest-bearing deposits increased by 4.1 

percent ($93.5 billion), and savings deposits and interest-bearing checking accounts increased by 2.0 percent 

($97.8 billion), while domestic time deposits decreased 

by 2.5 percent ($44.8 billion). For the twelve months 

ending September 30, 2012, total domestic deposits 

grew by 6.5 percent ($554.9 billion), with interest-bearing deposits increasing by 4.0 percent ($256.8 billion) 

and noninterest-bearing deposits rising by 14.2 percent 

($298.1 billion). Over the same 12-month period, 

foreign deposits fell by 3.4 percent, other borrowed 

money decreased by 10.6 percent, and securities sold 

under agreements to repurchase declined by 5.4 

percent.2

Insured institutions held $1.7 trillion in noninterestbearing transaction accounts larger than $250,000, of 

which $1.5 trillion exceeded the basic coverage limit of 

$250,000 per account but is temporarily fully insured 

through December 31, 2012.3 These temporarily insured 

balances funded 4.7 percent of assets at banks with less 

than $10 billion in total assets and 11.9 percent of 

assets at banks with more than $10 billion in assets. 

Balances exceeding $250,000 in noninterest-bearing 

1

 In the insurance fund discussion, FDIC-insured institutions include 

insured commercial banks and savings associations and, except where 

noted, exclude insured branches of foreign banks. 

2

 Other borrowed money includes Federal Home Loan Bank advances, 

term federal funds, mortgage indebtedness, and other borrowings.

3

 The Dodd-Frank Wall Street Reform and Consumer Protection Act 

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

deposit insurance coverage for noninterest-bearing transaction 

accounts from December 31, 2010 through December 31, 2012, 

regardless of the balance in the account and the ownership capacity of 

the funds. The unlimited coverage is available to all depositors, including consumers, businesses and government entities. The coverage is 

separate from, and in addition to, the insurance coverage provided for 

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

transaction accounts increased by 8.0 percent ($110.9 

billion) during the third quarter, following growth of 

5.0 percent ($65.5 billion) during the second quarter. 

Table 1 provides the distribution of noninterest-bearing 

transaction accounts by institution asset size. 

Total estimated insured deposits increased by 2.3 

percent in the quarter ending September 30, and rose 

by a total of 7.2 percent over the past four quarters.4

Growth in temporarily insured balances greater than 

$250,000 in noninterest-bearing transaction accounts 

accounted for 57 percent of the four-quarter increase in 

estimated insured deposits. For institutions existing at 

the start and the end of the most recent quarter, insured 

deposits increased during the quarter at 3,491 institutions (49 percent), decreased at 3,659 institutions (51 

percent), and remained unchanged at 30 institutions.

The condition of the Deposit Insurance Fund (DIF) 

continues to improve. The DIF increased by $2.5 

billion during the third quarter to $25.2 billion (unaudited), the eleventh consecutive quarterly increase. 

Accrued assessment income increased the fund by $2.8 

billion. A negative provision for insurance losses and 

unrealized gains on available-for-sale securities added 

$91 million to the fund balance. Operating and other 

expenses, net of other revenue, reduced the fund by 

$393 million. For the first nine months of 2012, 43 

insured institutions failed, with combined assets of $9.5 

billion, at a current estimated cost to the DIF of $2.3 

billion. The DIF reserve ratio was 0.35 percent at 

September 30, up from 0.32 percent at June 30, 2012, 

and from 0.12 percent four quarters ago. 

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

minus average tangible equity.5 Revisions to insurance 

4

 Figures for estimated insured deposits in this discussion include 

insured branches of foreign banks, in addition to insured commercial 

banks and savings institutions.

5

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

■ Insured Deposits Grow by 2.3 Percent 

■ DIF Reserve Ratio Rises 3 Basis Points to 0.35 Percent

■ Twelve Institutions Fail During the Third Quarter

■ $1.5 Trillion Temporarily Insured in Noninterest-Bearing 

Transaction Accounts

INSURANCE FUND INDICATORS
FDIC Quarterly 16 2012, Volume 6, No. 4

assessment rates and risk-based pricing rules for large 

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

became effective on that date. The Fourth Quarter 

2010 Quarterly Banking Profile includes a more 

detailed explanation of these changes. Table 2 shows 

the distribution of the assessment base as of September 

30, 2012, by institution asset size. 

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

FDIC must make available to the public the reserve 

ratio and the Designated Reserve Ratio (DRR) using 

both estimated insured deposits and the new assessment 

base. As of September 30, 2012, the DIF reserve ratio 

would have been 0.21 percent using the new assessment 

base (compared to 0.35 percent using estimated insured 

deposits), and the 2 percent DRR using estimated 

insured deposits would have been 1.2 percent using the 

new assessment base.

Author: Kevin Brown, Senior Financial Analyst

Division of Insurance and Research

(202) 898-6817

Table 1

Insured Commercial Banks and Savings Institutions as of September 30, 2012

Distribution of Noninterest-Bearing Domestic Deposits by Asset Size

Asset Size

Number of 

Institutions

Total Assets 

($ Bil.)

Dodd-Frank

Domestic Noninterest-Bearing Transaction Accounts

Larger than $250,000 Other 

NoninterestBearing 

Deposits* 

($ Bil.)

Total 

($ Bil.)

Amount Above 

the $250,000 

Coverage Limit 

($ Bil.)

Average 

Account 

Size 

($000)

Average 

Number of 

Accounts per 

Institution

Less than $1 Billion 6,522 $1,410.7 $77.3 $50.1 $713 17 $122.9

$1 - $10 Billion 551 1,424.4 111.0 81.8 952 212 91.8

$10 - $50 Billion 71 1,388.9 110.0 89.0 1,308 1,185 81.2

$50 - $100 Billion 18 1,371.2 153.1 135.4 2,155 3,948 47.7

Over $100 Billion 19 8,627.7 1,243.0 1,136.1 2,906 22,509 353.4

Total 7,181 14,222.9 1,694.4 1,492.4 2,097 112 697.1

June 30, 2012 7,245 14,030.9 1,575.9 1,381.5 2,027 107 722.1

March 31, 2012 7,308 13,925.6 1,504.2 1,316.0 1,998 103 728.4

December 31, 2011 7,357 13,892.1 1,585.4 1,402.1 2,163 100 679.9

September 30, 2011 7,437 13,811.9 1,392.6 1,215.6 1,967 95 700.8

June 30, 2011 7,513 13,602.6 1,213.4 1,045.9 1,811 89 699.0

March 31, 2011 7,574 13,414.3 1,052.7 893.1 1,649 84 694.4

December 31, 2010 7,658 13,318.9 1,015.5 858.6 1,618 82 674.0

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

Table 2

Distribution of the Assessment Base for FDIC-Insured Institutions* 

by Asset Size

Data as of September 30, 2012

Asset Size

Number of 

Institutions

Percent of 

Total Institutions

Assessment Base** 

($ Bil.)

Percent of 

Base

Less than $1 Billion 6,522 90.8% $1,253.7 10.2%

$1 - $10 Billion 551 7.7% 1,261.5 10.3%

$10 - $50 Billion 71 1.0% 1,232.7 10.1%

$50 - $100 Billion 18 0.3% 1,154.0 9.4%

Over $100 Billion 19 0.3% 7,341.8 60.0%

Total 7,181 100.0% 12,243.6 100.0%

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

** Average consolidated total assets minus average tangible equity, with adjustments for banker’s banks and custodial banks.
FDIC Quarterly 17 2012, Volume 6, No. 4

Quarterly Banking Profile

DIF Reserve Ratios

Percent of Insured Deposits

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

0.06

0.12

0.17

0.22

0.32 0.35

9/09 3/10 9/10 3/11 9/11 3/12 9/12

Table I-B. Insurance Fund Balances and Selected Indicators

(dollar figures in millions)

Deposit Insurance Fund*

3rd 

Quarter 

2012

2nd 

Quarter 

2012

1st 

Quarter 

2012

4th 

Quarter 

2011

3rd 

Quarter 

2011

2nd 

Quarter 

2011

1st 

Quarter 

2011

4th 

Quarter 

2010

3rd 

Quarter 

2010

2nd 

Quarter 

2010

1st 

Quarter 

2010

4th 

Quarter 

2009

3rd 

Quarter 

2009

Beginning Fund Balance ..... $22,693 $15,292 $11,827 $7,813 $3,916 -$1,023 -$7,352 -$8,009 -$15,247 -$20,717 -$20,862 -$8,243 $10,368

Changes in Fund Balance:

Assessments earned .............. 2,833 2,933 3,694 3,209 3,642 3,163 3,484 3,498 3,592 3,242 3,278 3,042 2,965

Interest earned on 

investment securities ...... -8 81 20 33 30 37 28 39 40 64 62 76 176

Realized gain on sale of

investments ...................... 0 0 0 0 0 0 0 0 0 0 0 0 732

Operating expenses ............... 442 407 460 334 433 463 395 452 414 382 345 379 328

Provision for insurance 

losses ............................... -84 -807 12 1,533 -763 -2,095 -3,089 2,446 -3,763 -2,552 3,021 17,766 21,694

All other income, 

net of expenses ............... 57 4,095 63 2,599 83 80 66 48 94 55 22 2,721 308

Unrealized gain/(loss) on 

available-for-sale 

securities ......................... 7 -108 160 40 -188 27 57 -30 163 -61 149 -313 -770

Total fund balance change ..... 2,531 7,401 3,465 4,014 3,897 4,939 6,329 657 7,238 5,470 145 -12,619 -18,611

Ending Fund Balance ........... 25,224 22,693 15,292 11,827 7,813 3,916 -1,023 -7,352 -8,009 -15,247 -20,717 -20,862 -8,243

Percent change from 

four quarters earlier ......... 222.85 479.49 NM NM NM NM NM NM NM NM NM NM 

Reserve Ratio (%) ................. 0.35 0.32 0.22 0.17 0.12 0.06 -0.02 -0.12 -0.15 -0.28 -0.3

Estimated Insured 

Deposits** .............................. 7,250,693 7,085,559 7,033,765 6,981,569 6,766,262 6,533,767 6,385,923 6,307,607 5,421,425 5,437,417 5,472,402 5,407,773 5,315,927

Percent change from 

four quarters earlier ......... 7.16 8.45 10.14 10.68 24.81 20.16 16.69 16.64 1.98 12.86 13.2

Domestic Deposits ............... 9,084,802 8,937,723 8,848,723 8,782,165 8,526,712 8,244,900 8,006,898 7,887,733 7,753,409 7,681,284 7,702,451 7,705,353 7,561,334

Percent change from 

four quarters earlier ......... 6.55 8.40 10.51 11.34 9.97 7.34 3.95 2.37 2.54 1.58 2

Number of institutions 

reporting ......................... 7,190 7,254 7,317 7,366 7,446 7,522 7,583 7,667 7,770 7,839 7,943 8,021 8,108

Deposit Insurance Fund Balance 

and Insured Deposits

($ Millions)

DIF 

Balance

DIF-Insured 

Deposits

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

12/09 -20,862 5,407,773

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

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

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

12/10 -7,352 6,307,607

3/11 -1,023 6,385,923

6/11 3,916 6,533,767

9/11 7,813 6,766,262

12/11 11,827 6,981,569

3/12 15,292 7,033,765

6/12 22,693 7,085,559

9/12 25,224 7,250,693

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

(dollar figures in millions) 2012*** 2011*** 2011 2010 2009 2008 2007

Problem Institutions

Number of institutions �������������������������������������������� 694 844 813 884 702 252 76

Total assets������������������������������������������������������������� $262,154 $338,992 $319,432 $390,017 $402,782 $159,405 $22,189

Failed Institutions

Number of institutions �������������������������������������������� 43 74 92 157 140 25 3

Total assets������������������������������������������������������������� $9,465 $30,400 $34,923 $92,085 $169,709 $371,945 $2,615

Assisted Institutions****

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

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

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

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

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

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

*** Through September 30.

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

received assistance in 2009
FDIC Quarterly 18 2012, Volume 6, No. 4

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

(dollar figures in millions) 

September 30, 2012

Number of 

Institutions

Total 

Assets

Domestic 

Deposits*

Est. Insured 

Deposits

Commercial Banks and Savings Institutions

FDIC-Insured Commercial Banks ����������������������������������������������� 6,168 $13,069,860 $8,178,467 $6,446,809

 FDIC-Supervised ������������������������������������������������������������������� 4,062 2,081,302 1,600,335 1,292,966

 OCC-Supervised�������������������������������������������������������������������� 1,273 9,054,217 5,352,783 4,205,442

 Federal Reserve-Supervised������������������������������������������������� 833 1,934,341 1,225,349 948,402

FDIC-Insured Savings Institutions ���������������������������������������������� 1,013 1,153,081 881,743 781,230

 OCC-Supervised Savings Institutions ����������������������������������� 565 812,501 625,175 556,685

 FDIC-Supervised Savings Institutions����������������������������������� 448 340,580 256,568 224,545

Total Commercial Banks and Savings Institutions ���������������������� 7,181 14,222,941 9,060,210 7,228,040

Other FDIC-Insured Institutions

U.S. Branches of Foreign Banks ������������������������������������������������� 9 67,601 24,592 22,6

Total FDIC-Insured Institutions���������������������������������������������������� . 7,190 14,290,541 9,084,802 7,250,6

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

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

Quarter Ending June 30, 2012 (dollar figures in billions)

Annual Rate in Basis Points

Number of 

Institutions

Percent of Total 

Institutions

Amount of 

Assessment Base*

Percent of Total 

Assessment Base

2.50-5.00 1,285 17.71 $1,007 

5.01-7.50 2,317 31.95 2,392 1

7.51-10.00 1,771 24.41 4,583 3

10.01-15.00 1,087 14.98 3,572 2

15.01-20.00 59 0.81 215 

 20.01-25.00 575 7.93 181 

 25.01-30.00 15 0.21 68 

 30.01-35.00 132 1.82 111 

greater than 35.00 13 0.18 28 0

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

required by the Dodd-Frank Act
FDIC Quarterly 19 2012, Volume 6, No. 4

Quarterly Banking Profile

Notes to Users

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

Insurance Corporation (FDIC). These notes are an integral 

part of this publication and provide information regarding 

the comparability of source data and reporting differences 

over time.

Tables I-A through VIII-A.

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

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

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

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

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

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

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

selected indicators, including aggregate condition and income 

data, performance ratios, condition ratios, and structural 

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

Tables I-B through IV-B.

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

comparative quarterly data related to the Deposit Insurance 

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

estimated FDIC-insured deposits, as well as assessment rate 

information. Depository institutions that are not insured by 

the FDIC through the DIF are not included in the FDIC 

Quarterly Banking Profile. U.S. branches of institutions 

headquartered in foreign countries and non-deposit trust 

companies are not included unless otherwise indicated. 

Efforts are made to obtain financial reports for all active 

institutions. However, in some cases, final financial reports 

are not available for institutions that have closed or converted their charters.

DATA SOURCES

The financial information appearing in this publication is 

obtained primarily from the Federal Financial Institutions 

Examination Council (FFIEC) Consolidated Reports of 

Condition and Income (Call Reports) and the OTS Thrift 

Financial Reports submitted by all FDIC-insured depository 

institutions. (TFR filers began filing Call Reports effective 

with the quarter ending March 31, 2012.) This information is 

stored on and retrieved from the FDIC’s Research 

Information System (RIS) database.

COMPUTATION METHODOLOGY

Parent institutions are required to file consolidated reports, 

while their subsidiary financial institutions are still required 

to file separate reports. Data from subsidiary institution 

reports are included in the Quarterly Banking Profile tables, 

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

for any double-counting of subsidiary data. Additionally, 

certain adjustments are made to the OTS Thrift Financial 

Reports to provide closer conformance with the reporting and 

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

All asset and liability figures used in calculating performance 

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

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

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

includes the results of all merged institutions. No adjustments 

are made for “purchase accounting” mergers. Growth rates 

represent the percentage change over a 12-month period in 

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

All data are collected and presented based on the location of 

each reporting institution’s main office. Reported data may 

include assets and liabilities located outside of the reporting 

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

across state lines or change their charters, resulting in an 

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

can move their home offices between regions, and savings 

institutions can convert to commercial banks or commercial 

banks may convert to savings institutions.

ACCOUNTING CHANGES

Goodwill Impairment Testing – In September 2011, the FASB 

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

“Testing Goodwill for Impairment,” to address concerns about 

the cost and complexity of the existing goodwill impairment 

test in ASC Topic 350, Intangibles-Goodwill and Other 

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

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

Topic 350 are effective for annual and interim goodwill 

impairment tests performed for fiscal years beginning after 

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

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

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

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

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

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

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

amount (including goodwill), then the institution does not 

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

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

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

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

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

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

choose to bypass the qualitative assessment for any reporting 

unit in any period and proceed directly to performing the first 

step of the two-step goodwill impairment test.

Extended Net Operating Loss Carryback Period – The Worker, 

Homeownership, and Business Assistance Act of 2009, which 

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

businesses, excluding those banking organizations that 

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

Asset Relief Program, to elect a net operating loss carryback 

period of three, four, or five years instead of the usual carryback period of two years for any one tax year ending after 
FDIC Quarterly 20 2012, Volume 6, No. 4

the modified repayment terms. A loan restructured in a TDR 

is an impaired loan. Thus, all TDRs must be measured for 

impairment in accordance with ASC Subtopic 310-10, 

Receivables – Overall (formerly FASB Statement No. 114, 

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

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

Impairment.” Consistent with ASC Subtopic 310-10, TDRs 

may be aggregated and measured for impairment with other 

impaired loans that share common risk characteristics by using 

historical statistics, such as average recovery period and 

average amount recovered, along with a composite effective 

interest rate. The outcome of such an aggregation approach 

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

instructions for loans that are “individually” considered 

impaired instead of the measurement method prescribed in 

ASC Subtopic 450-20, Contingencies – Loss Contingencies 

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

are collectively evaluated for impairment. When a loan not 

previously considered individually impaired is restructured and 

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

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

methods prescribed in ASC Subtopic 310-10.

Troubled Debt Restructurings and Accounting Standards Update 

No. 2011-02 – In April 2011, the FASB issued Accounting 

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

Determination of Whether a Restructuring Is a Troubled 

Debt Restructuring,” to provide additional guidance to help 

creditors determine whether a concession has been granted to 

a borrower and whether a borrower is experiencing financial 

difficulties. The guidance is also intended to reduce diversity 

in practice in identifying and reporting TDRs. This ASU was 

effective for public companies for interim and annual periods 

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

applied retrospectively to the beginning of the annual period 

of adoption for purposes of identifying TDRs. The measurement of impairment for any newly identified TDRs resulting 

from retrospective application should have been applied prospectively in the first interim or annual period beginning on 

or after June 15, 2011. (For most public institutions, the ASU 

takes effect July 1, 2011, but retrospective application begins 

as of January 1, 2011.) Nonpublic companies should apply the 

new guidance for annual periods ending after December 15, 

2012, including interim periods within those annual periods. 

(For most nonpublic institutions, the ASU took effect 

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

for both public and nonpublic entities. Nonpublic entities 

that adopt early are subject to a retrospective identification 

requirement. For additional information, institutions should 

refer to ASU 2011-02, which is available at http://www.fasb.

org/jsp/FASB/Page/SectionPage&cid=1176156316498.

Accounting for Loan Participations – Amended ASC Topic 860 

(formerly FAS 166) modified the criteria that must be met in 

order for a transfer of a portion of a financial asset, such as a 

loan participation, to qualify for sale accounting. These 

changes apply to transfers of loan participations on or after 

the effective date of amended ASC Topic 860 (January 1, 

2010, for banks with calendar year fiscal year), including 

advances under lines of credit that are transferred on or after 

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

For calendar-year banks, this extended carryback period 

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

the net operating loss that can be carried back to the fifth 

carryback year is limited to 50 percent of the available taxable income for that fifth year, but this limit does not apply to 

other carryback years.

Under generally accepted accounting principles, banks may 

not record the effects of this tax change in their balance 

sheets and income statements for financial and regulatory 

reporting purposes until the period in which the law was 

enacted, i.e., the fourth quarter of 2009. Therefore, banks 

should recognize the effects of this fourth quarter 2009 tax 

law change on their current and deferred tax assets and liabilities, including valuation allowances for deferred tax assets, in 

their Call Reports for December 31, 2009. Banks should not 

amend their Call Reports for prior quarters for the effects of 

the extended net operating loss carryback period.

The American Recovery and Reinvestment Act of 2009, 

which was enacted on February 17, 2009, permits qualifying 

small businesses, including FDIC-insured institutions, to elect 

a net operating loss carryback period of three, four, or five 

years instead of the usual carryback period of two years for 

any tax year ending in 2008 or, at the small business’s election, any tax year beginning in 2008. Under generally accepted accounting principles, institutions may not record the 

effect of this tax change in their balance sheets and income 

statements for financial and regulatory reporting purposes 

until the period in which the law was enacted, i.e., the first 

quarter of 2009.

Troubled Debt Restructurings and Current Market Interest Rates – 

Many institutions are restructuring or modifying the terms of 

loans to provide payment relief for those borrowers who have 

suffered deterioration in their financial condition. Such loan 

restructurings may include, but are not limited to, reductions 

in principal or accrued interest, reductions in interest rates, 

and extensions of the maturity date. Modifications may be 

executed at the original contractual interest rate on the loan, 

a current market interest rate, or a below-market interest rate. 

Many of these loan modifications meet the definition of a 

troubled debt restructuring (TDR).

The TDR accounting and reporting standards are set forth in 

ASC Subtopic 310-40, Receivables – Troubled Debt 

Restructurings by Creditors (formerly FASB Statement No. 

15, “Accounting by Debtors and Creditors for Troubled Debt 

Restructurings,” as amended). This guidance specifies that a 

restructuring of a debt constitutes a TDR if, at the date of 

restructuring, the creditor for economic or legal reasons related to a debtor’s financial difficulties grants a concession to 

the debtor that it would not otherwise consider.

In the Call Report, until a loan that is a TDR is paid in full or 

otherwise settled, sold, or charged off, it must be reported in 

the appropriate loan category, as well as identified as a performing TDR loan, if it is in compliance with its modified 

terms. If a TDR is not in compliance with its modified terms, 

it is reported as a past-due and nonaccrual loan in the appropriate loan category, as well as distinguished from other past 

due and nonaccrual loans. To be considered in compliance 

with its modified terms, a loan that is a TDR must not be in 

nonaccrual status and must be current or less than 30 days past 

due on its contractual principal and interest payments under 
FDIC Quarterly 21 2012, Volume 6, No. 4

Quarterly Banking Profile

a transaction is not orderly. The FSP is effective for interim 

and annual reporting periods ending after June 15, 2009, 

with early adoption permitted for periods ending after 

March 15, 2009.

Fair value continues to be used for derivatives, trading securities, and available-for-sale securities. Changes in fair value go 

through earnings for trading securities and most derivatives. 

Changes in the fair value of available-for-sale securities are 

reported in other comprehensive income. Available-for-sale 

securities and held-to-maturity debt securities are written 

down to fair value if impairment is other than temporary and 

loans held for sale are reported at the lower of cost or fair 

value.

FAS 159 allows institutions to report certain financial assets 

and liabilities at fair value with subsequent changes in fair 

value included in earnings. In general, an institution may 

elect the fair value option for an eligible financial asset or 

liability when it first recognizes the instrument on its balance 

sheet or enters into an eligible firm commitment.

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

Accounting for Defined Benefit Pension and Other Postretirement 

Plans) – refer to previously published Quarterly Banking Profile

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

ASC Topic 860 (formerly FASB Statement No. 156 Accounting for 

Servicing of Financial Assets) – refer to previously published 

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

qbp/2011mar/qbpnot.html.

ASC Topic 815 (formerly FASB Statement No. 155 Accounting for 

Certain Hybrid Financial Instruments) – refer to previously published Quarterly Banking Profile notes: http://www2.fdic.gov/

qbp/2011mar/qbpnot.html.

GNMA Buy-back Option – If an issuer of GNMA securities has 

the option to buy back the loans that collateralize the 

GNMA securities, when certain delinquency criteria are met, 

ASC Topic 860 (formerly FASB Statement No. 140) requires 

that loans with this buy-back option must be brought back on 

the issuer’s books as assets. The rebooking of GNMA loans is 

required regardless of whether the issuer intends to exercise 

the buy-back option. The banking agencies clarified in May 

2005 that all GNMA loans that are rebooked because of 

delinquency should be reported as past due according to their 

contractual terms.

ASC Topics 860 & 810 (formerly FASB Statements 166 & 167) – 

In June 2009, the FASB issued Statement No. 166, 

Accounting for Transfers of Financial Assets (FAS 166), and 

Statement No. 167, Amendments to FASB Interpretation 

No. 46(R) (FAS 167), which change the way entities account 

for securitizations and special purpose entities. FAS 166 

revised FASB Statement No. 140, Accounting for Transfers 

and Servicing of Financial Assets and Extinguishments of 

Liabilities, by eliminating the concept of a “qualifying specialpurpose entity,” creating the concept of a “participating interest,” changing the requirements for derecognizing financial 

assets, and requiring additional disclosures. FAS 167 revised 

FASB Interpretation No. 46(R), Consolidation of Variable 

Interest Entities, by changing how a bank or other company 

determines when an entity that is insufficiently capitalized or 

is not controlled through voting or similar rights, i.e., a “variable interest entity” (VIE), should be consolidated. Under 

FAS 167, a bank must perform a qualitative assessment to 

determine whether its variable interest or interests give it a 

the effective date of amended ASC Topic 860 even if the line 

of credit agreements were entered into before this effective 

date. Therefore, banks with a calendar-year fiscal year must 

account for transfers of loan participations on or after January 

1, 2010, in accordance with amended ASC Topic 860. In 

general, loan participations transferred before the effective 

date of amended ASC Topic 860 are not affected by this new 

accounting standard.

Under amended ASC Topic 860, if a transfer of a portion of 

an entire financial asset meets the definition of a “participating interest,” then the transferor (normally the lead lender) 

must evaluate whether the transfer meets all of the conditions 

in this accounting standard to qualify for sale accounting.

Other-Than-Temporary Impairment – When the fair value of an 

investment in an individual available-for-sale or held-tomaturity security is less than its cost basis, the impairment is 

either temporary or other-than-temporary. The amount of the 

total other-than-temporary impairment related to credit loss 

must be recognized in earnings, but the amount of total 

impairment related to other factors must be recognized in 

other comprehensive income, net of applicable taxes. To 

determine whether the impairment is other-than-temporary, 

an institution must apply the applicable accounting guidance 

– refer to previously published Quarterly Banking Profile notes: 

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

ASC Topic 805 (formerly Business Combinations and Noncontrolling 

(Minority) Interests) – In December 2007, the FASB issued 

Statement No. 141 (Revised), Business Combinations FAS 

141(R)), and Statement No. 160, Noncontrolling Interests in 

Consolidated Financial Statements (FAS 160). Under FAS 

141(R), all business combinations, including combinations of 

mutual entities, are to be accounted for by applying the acquisition method. FAS 160 defines a noncontrolling interest, 

also called a minority interest, as the portion of equity in an 

institution’s subsidiary not attributable, directly or indirectly, 

to the parent institution. FAS 160 requires an institution to 

clearly present in its consolidated financial statements the 

equity ownership in and results of its subsidiaries that are 

attributable to the noncontrolling ownership interests in 

these subsidiaries. FAS 141(R) applies prospectively to business combinations for which the acquisition date is on or 

after the beginning of the first annual reporting period beginning on or after December 15, 2008. Similarly, FAS 160 is 

effective for fiscal years beginning on or after December 15, 

2008. Thus, for institutions with calendar-year fiscal years, 

these two accounting standards take effect in 2009. Beginning 

in March 2009, Institution equity capital and Noncontrolling 

interests are separately reported in arriving at Total equity 

capital and Net income.

ASC Topic 820 (formerly FASB Statement No. 157 Fair Value 

Measurements issued in September 2006) and ASC Topic 825 

(formerly FASB Statement No. 159 The Fair Value Option for 

Financial Assets and Financial Liabilities) issued in February 2007 – 

both are effective in 2008 with early adoption permitted in 

2007. FAS 157 defines fair value and establishes a framework 

for developing fair value estimates for the fair value measurements that are already required or permitted under other standards. FASB FSP 157-4, issued in April 2009, provides 

additional guidance for estimating fair value in accordance 

with FAS 157 when the volume and level of activity for the 

asset or liability have significantly decreased. The FSP also 

includes guidance on identifying circumstances that indicate 
FDIC Quarterly 22 2012, Volume 6, No. 4

Assets securitized and sold – total outstanding principal balance 

of assets securitized and sold with servicing retained or other 

seller- provided credit enhancements.

Capital Purchase Program (CPP) – as announced in October 

2008 under the TARP, the Treasury Department purchase of 

noncumulative perpetual preferred stock and related warrants 

that is treated as Tier 1 capital for regulatory capital purposes 

is included in “Total equity capital.” Such warrants to purchase common stock or noncumulative preferred stock issued 

by publicly-traded banks are reflected as well in “Surplus.” 

Warrants to purchase common stock or noncumulative preferred stock of not-publicly-traded bank stock classified in a 

bank’s balance sheet as “Other liabilities.”

Construction and development loans – includes loans for all 

property types under construction, as well as loans for land 

acquisition and development.

Core capital – common equity capital plus noncumulative perpetual preferred stock plus minority interest in consolidated 

subsidiaries, less goodwill and other ineligible intangible 

assets. The amount of eligible intangibles (including servicing 

rights) included in core capital is limited in accordance with 

supervisory capital regulations.

Cost of funding earning assets – total interest expense paid on 

deposits and other borrowed money as a percentage of average 

earning assets.

Credit enhancements – techniques whereby a company attempts 

to reduce the credit risk of its obligations. Credit enhancement may be provided by a third party (external credit 

enhancement) or by the originator (internal credit enhancement), and more than one type of enhancement may be 

associated with a given issuance.

Deposit Insurance Fund (DIF) – the Bank (BIF) and Savings 

Association (SAIF) Insurance Funds were merged in 2006 by 

the Federal Deposit Insurance Reform Act to form the DIF.

Derivatives notional amount – the notional, or contractual, 

amounts of derivatives represent the level of involvement in 

the types of derivatives transactions and are not a quantification of market risk or credit risk. Notional amounts represent 

the amounts used to calculate contractual cash flows to be 

exchanged.

Derivatives credit equivalent amount – the fair value of the 

derivative plus an additional amount for potential future credit exposure based on the notional amount, the remaining 

maturity and type of the contract.

Derivatives transaction types:

Futures and forward contracts – contracts in which the buyer 

agrees to purchase and the seller agrees to sell, at a specified future date, a specific quantity of an underlying variable or index at a specified price or yield. These contracts 

exist for a variety of variables or indices, (traditional agricultural or physical commodities, as well as currencies and 

interest rates). Futures contracts are standardized and are 

traded on organized exchanges which set limits on counterparty credit exposure. Forward contracts do not have 

standardized terms and are traded over the counter.

Option contracts – contracts in which the buyer acquires the 

right to buy from or sell to another party some specified 

amount of an underlying variable or index at a stated price 

(strike price) during a period or on a specified future date, 

controlling financial interest in a VIE. If a bank’s variable 

interest or interests provide it with the power to direct the 

most significant activities of the VIE, and the right to receive 

benefits or the obligation to absorb losses that could potentially be significant to the VIE, the bank is the primary beneficiary of, and therefore must consolidate, the VIE.

Both FAS 166 and FAS 167 take effect as of the beginning of 

each bank’s first annual reporting period that begins after 

November 15, 2009, for interim periods therein, and for interim and annual reporting periods thereafter (i.e., as of January 

1, 2010, for banks with a calendar year fiscal year). Earlier 

application is prohibited. Banks are expected to adopt FAS 

166 and FAS 167 for Call Report purposes in accordance with 

the effective date of these two standards. Also, FAS 166 has 

modified the criteria that must be met in order for a transfer of 

a portion of a financial asset, such as a loan participation, to 

qualify for sale accounting. These changes apply to transfers of 

loan participations on or after the effective date of FAS 166. 

Therefore, banks with a calendar year fiscal year must account 

for transfers of loan participations on or after January 1, 2010, 

in accordance with FAS 166. In general, loan participations 

transferred before the effective date of FAS 166 (January 1, 

2010, for calendar year banks) are not affected by this new 

accounting standard and pre-FAS 166 participations that were 

properly accounted for as sales under FASB Statement No. 

140 will continue to be reported as having been sold.

ASC Topic 740 (formerly FASB Interpretation No. 48 on Uncertain 

Tax Positions) – refer to previously published Quarterly Banking 

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

ASC Topic 718 (formerly FASB Statement No. 123 (Revised 2004) 

and Share-Based Payments – refer to previously published 

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

qbp/2008dec/qbpnot.html.

ASC Topic 815 (formerly FASB Statement No. 133 Accounting for 

Derivative Instruments and Hedging Activities) – refer to previously published Quarterly Banking Profile notes: http://www2.

fdic.gov/qbp/2008dec/qbpnot.html.

Accounting Standards Codification – refer to previously published 

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

qbp/2011sep/qbpnot.html.

DEFINITIONS (in alphabetical order)

All other assets – total cash, balances due from depository 

institutions, premises, fixed assets, direct investments in real 

estate, investment in unconsolidated subsidiaries, customers’ 

liability on acceptances outstanding, assets held in trading 

accounts, federal funds sold, securities purchased with agreements to resell, fair market value of derivatives, prepaid 

deposit insurance assessments, and other assets.

All other liabilities – bank’s liability on acceptances, limited-life 

preferred stock, allowance for estimated off-balance-sheet credit losses, fair market value of derivatives, and other liabilities.

Assessment base – effective April 1, 2011, the deposit insurance assessment base has changed to “average consolidated 

total assets minus average tangible equity” with an additional 

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

assessment base was “assessable deposits” and consisted of DIF 

deposits (deposits insured by the FDIC Deposit Insurance 

Fund) in banks’ domestic offices with certain adjustments.
FDIC Quarterly 23 2012, Volume 6, No. 4

Quarterly Banking Profile

Goodwill and other intangibles – intangible assets include 

servicing rights, purchased credit card relationships, and other 

identifiable intangible assets. Goodwill is the excess of the 

purchase price over the fair market value of the net assets 

acquired, less subsequent impairment adjustments. Other 

intangible assets are recorded at fair value, less subsequent 

quarterly amortization and impairment adjustments.

Loans secured by real estate – includes home equity loans, 

junior liens secured by 1-4 family residential properties, and 

all other loans secured by real estate.

Loans to individuals – includes outstanding credit card balances 

and other secured and unsecured consumer loans.

Long-term assets (5+ years) – loans and debt securities with 

remaining maturities or repricing intervals of over five years.

Maximum credit exposure – the maximum contractual credit 

exposure remaining under recourse arrangements and other 

seller-provided credit enhancements provided by the reporting bank to securitizations.

Mortgage-backed securities – certificates of participation in 

pools of residential mortgages and collateralized mortgage 

obligations issued or guaranteed by government-sponsored or 

private enterprises. Also, see “Securities,” below.

Net charge-offs – total loans and leases charged off (removed 

from balance sheet because of uncollectibility), less amounts 

recovered on loans and leases previously charged off.

Net interest margin – the difference between interest and dividends earned on interest-bearing assets and interest paid to 

depositors and other creditors, expressed as a percentage of 

average earning assets. No adjustments are made for interest 

income that is tax exempt.

Net loans to total assets – loans and lease financing receivables, net of unearned income, allowance and reserves, as a 

percent of total assets on a consolidated basis.

Net operating income – income excluding discretionary transactions such as gains (or losses) on the sale of investment securities and extraordinary items. Income taxes subtracted from 

operating income have been adjusted to exclude the portion 

applicable to securities gains (or losses).

Noncurrent assets – the sum of loans, leases, debt securities, 

and other assets that are 90 days or more past due, or in nonaccrual status.

Noncurrent loans & leases – the sum of loans and leases 90 days 

or more past due, and loans and leases in nonaccrual status.

Number of institutions reporting – the number of institutions 

that actually filed a financial report.

New reporters – insured institutions filing quarterly financial 

reports for the first time.

Other borrowed funds – federal funds purchased, securities sold 

with agreements to repurchase, demand notes issued to the 

U.S. Treasury, FHLB advances, other borrowed money, mortgage indebtedness, obligations under capitalized leases and 

trading liabilities, less revaluation losses on assets held in 

trading accounts.

Other real estate owned – primarily foreclosed property. Direct 

and indirect investments in real estate ventures are excluded. 

The amount is reflected net of valuation allowances. For 

institutions that file a Thrift Financial Report (TFR), the 

valuation allowance subtracted also includes allowances for 

in return for compensation (such as a fee or premium). 

The seller is obligated to purchase or sell the variable or 

index at the discretion of the buyer of the contract.

Swaps – obligations between two parties to exchange a 

series of cash flows at periodic intervals (settlement dates), 

for a specified period. The cash flows of a swap are either 

fixed, or determined for each settlement date by multiplying the quantity (notional principal) of the underlying 

variable or index by specified reference rates or prices. 

Except for currency swaps, the notional principal is used 

to calculate each payment but is not exchanged.

Derivatives underlying risk exposure – the potential exposure 

characterized by the level of banks’ concentration in particular underlying instruments, in general. Exposure can result 

from market risk, credit risk, and operational risk, as well as, 

interest rate risk.

Domestic deposits to total assets – total domestic office deposits 

as a percent of total assets on a consolidated basis.

Earning assets – all loans and other investments that earn 

interest or dividend income.

Efficiency ratio – Noninterest expense less amortization of 

intangible assets as a percent of net interest income plus noninterest income. This ratio measures the proportion of net 

operating revenues that are absorbed by overhead expenses, 

so that a lower value indicates greater efficiency.

Estimated insured deposits – in general, insured deposits are 

total domestic deposits minus estimated uninsured deposits. 

Beginning March 31, 2008, for institutions that file Call 

Reports, insured deposits are total assessable deposits minus 

estimated uninsured deposits. Beginning September 30, 2009, 

insured deposits include deposits in accounts of $100,000 to 

$250,000 that are covered by a temporary increase in the 

FDIC’s standard maximum deposit insurance amount 

(SMDIA). The Dodd-Frank Wall Street Reform and 

Consumer Protection Act enacted on July 21, 2010, made 

permanent the standard maximum deposit insurance amount 

(SMDIA) of $250,000. Also, the Dodd-Frank Act amends 

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

insurance account category. All funds held in noninterestbearing transaction accounts are fully insured, without limit, 

from December 31, 2010, through December 31, 2012.

Failed/assisted institutions – an institution fails when regulators 

take control of the institution, placing the assets and liabilities into a bridge bank, conservatorship, receivership, or 

another healthy institution. This action may require the 

FDIC to provide funds to cover losses. An institution is 

defined as “assisted” when the institution remains open and 

receives assistance in order to continue operating.

Fair Value – the valuation of various assets and liabilities on 

the balance sheet—including trading assets and liabilities, 

available-for-sale securities, loans held for sale, assets and 

liabilities accounted for under the fair value option, and foreclosed assets—involves the use of fair values. During periods 

of market stress, the fair values of some financial instruments 

and nonfinancial assets may decline.

FHLB advances – all borrowings by FDIC insured institutions 

from the Federal Home Loan Bank System (FHLB), as 

reported by Call Report filers and by TFR filers.
FDIC Quarterly 24 2012, Volume 6, No. 4

supervisory groups as well as the initial base assessment rates 

(in basis points) for each risk category. Supervisory Group A 

generally includes institutions with CAMELS composite ratings of 1 or 2; Supervisory Group B generally includes institutions with a CAMELS composite rating of 3; and Supervisory 

Group C generally includes institutions with CAMELS composite ratings of 4 or 5. For purposes of risk-based assessment 

capital groups, undercapitalized includes institutions that are 

significantly or critically undercapitalized.

Capital Category

Supervisory Group

A B C

1. Well Capitalized I

5–9 bps II

14 bps

III

23 bps 2. Adequately Capitalized II

14 bps

3. Undercapitalized III

23 bps

IV

35 bps

Effective April 1, 2011, the initial base assessment rates are 5 

to 35 basis points. An institution’s total assessment rate may 

be less than or greater than its initial base assessment rate as a 

result of additional risk adjustments.

The base assessment rates for small institutions in Risk 

Category I are based on a combination of financial ratios and 

CAMELS component ratings (the financial ratios method).

As required by Dodd-Frank, the calculation of risk-based 

assessment rates for large institutions no longer relies on longterm debt issuer ratings. Rates for large institutions are based 

on CAMELS ratings and certain forward-looking financial 

measures combined into two scorecards—one for most large 

institutions and another for the remaining very large institutions that are structurally and operationally complex or that 

pose unique challenges and risks in case of failure (highly 

complex institutions). In general, a highly complex institution is an institution (other than a credit card bank) with 

more than $500 billion in total assets that is controlled by a 

parent or intermediate parent company with more than $500 

billion in total assets or a processing bank or trust company 

with total fiduciary assets of $500 billion or more. The FDIC 

retains its ability to take additional information into account 

to make a limited adjustment to an institution’s total score 

(the large bank adjustment), which will be used to determine 

an institution’s initial base assessment rate.

Effective April 1, 2011, the three possible adjustments to 

an institution’s initial base assessment rate are as follows: 

(1) Unsecured Debt Adjustment: An institution’s rate may 

decrease by up to 5 basis points for unsecured debt. The unsecured debt adjustment cannot exceed the lesser of 5 basis 

points or 50 percent of an institution’s initial base assessment 

rate (IBAR). Thus, for example, an institution with an IBAR 

of 5 basis points would have a maximum unsecured debt 

adjustment of 2.5 basis points and could not have a total base 

assessment rate lower than 2.5 basis points. (2) Depository 

Institution Debt Adjustment: For institutions that hold longterm unsecured debt issued by another insured depository 

institution, a 50 basis point charge is applied to the amount 

of such debt held in excess of 3 percent of an institution’s 

Tier 1 capital. (3) Brokered Deposit Adjustment: Rates for 

small institutions that are not in Risk Category I and for large 

other repossessed assets. Also, for TFR filers the components 

of other real estate owned are reported gross of valuation 

allowances. (TFR filers began filing Call Reports effective 

with the quarter ending March 31, 2012.)

Percent of institutions with earnings gains – the percent of institutions that increased their net income (or decreased their 

losses) compared to the same period a year earlier.

“Problem” institutions – federal regulators assign a composite 

rating to each financial institution, based upon an evaluation 

of financial and operational criteria. The rating is based on a 

scale of 1 to 5 in ascending order of supervisory concern. 

“Problem” institutions are those institutions with financial, 

operational, or managerial weaknesses that threaten their 

continued financial viability. Depending upon the degree of 

risk and supervisory concern, they are rated either a “4” or 

“5.” The number and assets of “problem” institutions are 

based on FDIC composite ratings. Prior to March 31, 2008, 

for institutions whose primary federal regulator was the OTS, 

the OTS composite rating was used.

Recourse – an arrangement in which a bank retains, in form or 

in substance, any credit risk directly or indirectly associated 

with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the 

bank’s claim on the asset. If a bank has no claim on an asset 

it has sold, then the retention of any credit risk is recourse.

Reserves for losses – the allowance for loan and lease losses on 

a consolidated basis.

Restructured loans and leases – loan and lease financing receivables with terms restructured from the original contract. 

Excludes restructured loans and leases that are not in compliance with the modified terms.

Retained earnings – net income less cash dividends on common and preferred stock for the reporting period.

Return on assets – bank net income (including gains or losses 

on securities and extraordinary items) as a percentage of average total (consolidated) assets. The basic yardstick of bank 

profitability.

Return on equity – bank net income (including gains or losses 

on securities and extraordinary items) as a percentage of average total equity capital.

Risk-based capital groups – definition:

(Percent)

Total 

Risk-Based 

Capital*

Tier 1

Risk-Based 

Capital*

Tier 1 

Leverage

Tangible

Equity

Well-capitalized ≥10 and ≥6 and ≥5 –

Adequately 

capitalized ≥8 and ≥4 and ≥4 –

Undercapitalized ≥6 and ≥3 and ≥3 –

Significantly 

undercapitalized <6 or <3 or <3 and >2

Critically 

undercapitalized – – – ≤2

* As a percentage of risk-weighted assets.

Risk Categories and Assessment Rate Schedule – The current risk 

categories became effective January 1, 2007. Capital ratios 

and supervisory ratings distinguish one risk category from 

another. Effective April 1, 2011, risk categories for large institutions (generally those with at least $10 billion in assets) are 

eliminated. The following table shows the relationship of risk 

categories (I, II, III, IV) for small institutions to capital and 
FDIC Quarterly 25 2012, Volume 6, No. 4

Quarterly Banking Profile

Securities – excludes securities held in trading accounts. 

Banks’ securities portfolios consist of securities designated as 

“held-to-maturity,” which are reported at amortized cost 

(book value), and securities designated as “available-for-sale,” 

reported at fair (market) value.

Securities gains (losses) – realized gains (losses) on held-tomaturity and available-for-sale securities, before adjustments 

for income taxes. Thrift Financial Report (TFR) filers also 

include gains (losses) on the sales of assets held for sale. 

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

Seller’s interest in institution’s own securitizations – the reporting 

bank’s ownership interest in loans and other assets that have 

been securitized, except an interest that is a form of recourse 

or other seller-provided credit enhancement. Seller’s interests 

differ from the securities issued to investors by the securitization structure. The principal amount of a seller’s interest is 

generally equal to the total principal amount of the pool of 

assets included in the securitization structure less the principal amount of those assets attributable to investors, i.e., in the 

form of securities issued to investors.

Small Business Lending Fund – The Small Business Lending 

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

of the Small Business Jobs Act of 2010 to encourage lending 

to small businesses by providing capital to qualified community institutions with assets of less than $10 billion. The 

SBLF Program, which is administered by the U.S. Treasury 

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

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

provided funding to 332 institutions for more than $4 billion 

by September 27, 2011, the statutory end of the program.

Under the SBLF Program, the Treasury Department purchased noncumulative perpetual preferred stock from qualifying depository institutions and holding companies (other than 

Subchapter S and mutual institutions). When this stock has 

been issued by a depository institution, it is reported as 

“Perpetual preferred stock and related surplus.” For regulatory 

capital purposes, this noncumulative perpetual preferred stock 

qualifies as a component of Tier 1 capital. Qualifying 

Subchapter S corporations and mutual institutions issue unsecured subordinated debentures to the Treasury Department 

through the SBLF. Depository institutions that issued these 

debentures report them as “Subordinated notes and debentures.” For regulatory capital purposes, the debentures are eligible for inclusion in an institution’s Tier 2 capital in 

accordance with their primary federal regulator’s capital standards. To participate in the SBLF Program, an institution 

with outstanding securities issued to the Treasury Department 

under the Capital Purchase Program (CPP) was required to 

refinance or repay in full the CPP securities at the time of the 

SBLF funding. Any outstanding warrants that an institution 

issued to the Treasury Department under the CPP remain 

outstanding after the refinancing of the CPP stock through 

the SBLF Program unless the institution chooses to repurchase them.

Subchapter S corporation – a Subchapter S corporation is treated as a pass-through entity, similar to a partnership, for federal income tax purposes. It is generally not subject to any 

federal income taxes at the corporate level. This can have the 

effect of reducing institutions’ reported taxes and increasing 

their after-tax earnings.

institutions that are not well capitalized or do not have a 

composite CAMELS rating of 1 or 2 may increase (not to 

exceed 10 basis points) if their brokered deposits exceed 10 

percent of domestic deposits. After applying all possible 

adjustments (excluding the Depository Institution Debt 

Adjustment), minimum and maximum total base assessment 

rates for each risk category are as follows:

Total Base Assessment Rates*

Risk 

Category 

I

Risk 

Category 

II

Risk 

Category 

III

Risk 

Category 

IV

Large and 

Highly 

Complex 

Institutions

Initial base 

assessment rate 5–9 14 23 35 5–35

Unsecured debt 

adjustment -4.5–0 -5–0 -5–0 -5–0 -5–0

Brokered deposit 

adjustment — 0–10 0–10 0–10 0–10

Total Base 

Assessment rate 2.5–9 9–24 18–33 30–45 2.5–45

* All amounts for all categories are in basis points annually. Total base rates that are 

not the minimum or maximum rate will vary between these rates. Total base assessment rates do not include the depository institution debt adjustment.

Beginning in 2007, each institution is assigned a risk-based 

rate for a quarterly assessment period near the end of the 

quarter following the assessment period. Payment is generally 

due on the 30th day of the last month of the quarter following the assessment period. Supervisory rating changes are 

effective for assessment purposes as of the examination transmittal date.

Special Assessment – On May 22, 2009, the FDIC board 

approved a final rule that imposed a 5 basis point special 

assessment as of June 30, 2009. The special assessment was 

levied on each insured depository institution’s assets minus 

its Tier 1 capital as reported in its report of condition as of 

June 30, 2009. The special assessment was collected 

September 30, 2009, at the same time that the risk-based 

assessment for the second quarter of 2009 was collected. 

The special assessment for any institution was capped at 

10 basis points of the institution’s assessment base for the 

second quarter of 2009 risk-based assessment.

Prepaid Deposit Insurance Assessments – In November 2009, 

the FDIC Board of Directors adopted a final rule requiring 

insured depository institutions (except those that are 

exempted) to prepay their quarterly risk-based deposit 

insurance assessments for the fourth quarter of 2009, and 

for all of 2010, 2011, and 2012, on December 30, 2009. 

Each institution’s regular risk-based deposit insurance 

assessment for the third quarter of 2009, which is paid in 

arrears, also was payable on December 30, 2009. For regulatory capital purposes, an institution may assign a zeropercent risk weight to the amount of its prepaid deposit 

assessment asset.

Risk-weighted assets – assets adjusted for risk-based capital 

definitions which include on-balance-sheet as well as offbalance-sheet items multiplied by risk-weights that range 

from zero to 200 percent. A conversion factor is used to assign 

a balance sheet equivalent amount for selected off-balancesheet accounts.
FDIC Quarterly 26 2012, Volume 6, No. 4

Unused loan commitments – includes credit card lines, home 

equity lines, commitments to make loans for construction, 

loans secured by commercial real estate, and unused commitments to originate or purchase loans. (Excluded are commitments after June 2003 for originated mortgage loans held for 

sale, which are accounted for as derivatives on the balance 

sheet.)

Yield on earning assets – total interest, dividend, and fee 

income earned on loans and investments as a percentage of 

average earning assets.

Trust assets – market value, or other reasonably available 

value of fiduciary and related assets, to include marketable 

securities, and other financial and physical assets. Common 

physical assets held in fiduciary accounts include real estate, 

equipment, collectibles, and household goods. Such fiduciary 

assets are not included in the assets of the financial 

institution.

Unearned income & contra accounts – unearned income for Call 

Report filers only.