FDIC Quarterly

Quarterly Banking Profile:

Fourth Quarter 2012

Highlights From the 2012

Summary of Deposits

2013, Volume 7, Number 1
Chairman Martin J. Gruenberg

Director, Division of Insurance Arthur J. Murton

  and Research

Executive Editors Richard A. Brown

Maureen E. Sweeney

Managing Editors Matthew Green

Paul H. Kupiec

Philip A. Shively

Editor Frank Solomon

Publication Manager Lynne Montgomery

Media Inquiries (202) 898-6993

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2013, Volume 7, Number 1

FDIC Quarterly

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

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

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

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

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

Quarterly Banking Profile: Fourth Quarter 2012

FDIC-insured institutions reported aggregate net income of $34.7 billion in the fourth quarter of 2012, a 

$9.3 billion (36.9 percent) improvement from the $25.3 billion in profits the industry reported in the fourth 

quarter of 2011. This is the 14th quarter in a row that earnings have registered a year-over-year increase. 

Increased noninterest income and lower provisions for loan losses continued to account for most of the yearover-year improvement in earnings. For the full year, industry earnings totaled $141.3 billion—a 19.3 percent 

improvement over 2011 and the second-highest ever reported by the industry after the $145.2 billion earned 

in 2006. See page 1.

Insurance Fund Indicators

Estimated insured deposits increased by 2.2 percent. The DIF reserve ratio was 0.45 percent at December 31, 

2012, up from 0.35 percent at September 30, 2012, and 0.17 percent at December 31, 2011. Eight FDICinsured institutions failed during the quarter. See page 15.

Highlights From the 2012 Summary of Deposits

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

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

resource for analyzing deposit and office trends as well as domestic deposit market share. This article highlights findings from the 2012 SOD. See page 27.

FDIC Quarterly 1 2013, Volume 7, No. 1

Quarterly Banking Profile Fourth Quarter 2012

Net Income Is More Than a Third Higher 

Than in Fourth Quarter 2011

Bolstered by higher noninterest income and lower 

provisions for loan losses, earnings at FDIC-insured 

institutions in fourth quarter 2012 posted a $9.3 billion 

(36.9 percent) increase over the total for fourth quarter 

2011. The $34.7 billion in fourth-quarter net income 

was the highest total for a fourth quarter since 2006. 

Well over half of all institutions—60 percent—reported 

year-over-year improvement in quarterly earnings, while 

the share of institutions reporting net losses for the 

quarter fell to 14 percent, from 20 percent a year earlier. 

The average return on assets (ROA) rose to 0.97 

percent from 0.73 percent in fourth quarter 2011.

Noninterest Income Rebounds From 

Year-Earlier Weakness

The $10 billion (18.2 percent) year-over-year improvement in noninterest income was driven primarily by 

higher gains on loan sales (up $2.4 billion, or 132.4 

percent, over fourth quarter 2011), increased trading 

revenue (up $1.9 billion, or 75.3 percent), and reduced 

losses on sales of foreclosed property (down $1.2 billion, 

or 72 percent). Additionally, noninterest income at some 

large banks was adversely affected a year ago by appreciation in the fair values of their liabilities; the absence of 

similar accounting losses in this quarter’s results also 

helped to improve noninterest income.1 Overall, almost 

two out of every three banks (62.3 percent) reported 

year-over-year increases in noninterest income.

Insured Institutions Continue to Reduce Their 

Loss Provisions

Banks set aside $15.1 billion in loan-loss provisions in 

the fourth quarter, a $4.9 billion (24.6 percent) reduction 

compared with fourth quarter 2011. This is the smallest 

fourth-quarter loss provision since 2006, and marks the 

13th consecutive quarter with a year-over-year decline in 

loss provisions. More than half of all institutions—53.6 

percent—reported lower loss provisions.

1

 See FASB Statement No. 159, The Fair Value Option for Financial 

Assets and Financial Liabilities in Notes to Users.

■ Fourth Quarter Earnings Total $34.7 Billion

■ Full-Year ROA Reaches 1 Percent for First Time in Six Years

■ Domestic Deposit Growth Sets Record

■ Quarterly Loan Losses Fall to Five-Year Low

INSURED INSTITUTION PERFORMANCE

Quarterly Net Income, 2008–2012

Billions of Dollars

-$50

-$40

-$30

-$20

-$10

$0

$10

$20

$30

$40

$50

1 2 3 4 1 2 3 4 1 2 3 412 3 4 1 2 3 4

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

25.3

34.8

2012

34.4

37.6 34.7

Securities and Other Gains/Losses, Net

Net Operating Income

Chart 1 Chart 2

Annual Net Income, 2000–2012

Billions of Dollars

-$20

$0

$20

$40

$60

$80

$100

$120

$140

$160

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

81.5 87.4

104.7

120.6 122.2

133.8

145.2

99.9

4.5

-10.0

85.5

118.4

141.3

Securities and Other

Gains/Losses, Net

Net Operating Income
FDIC Quarterly 2 2013, Volume 7, No. 1

Chart 4

Noncurrent Loans and Loan Losses Continue to Fall

but Remain Well Above Pre-Crisis Levels

Percent

0

1

2

3

4

5

6

2006 2007 2008 2009 2010 2011 2012

Quarterly Net Charge-Off Rate

Noncurrent Loan Rate

Banks See Margins Erode

The increase in noninterest income and reduction in 

loss provisions helped offset a $2.7 billion (2.5 percent) 

year-over-year decline in net interest income. Fourthquarter net interest income totaled $104.4 billion, 

compared with $107.1 billion a year ago. This is the 

lowest quarterly total since fourth quarter 2009, when 

the industry had $1.4 trillion less in interest-bearing 

assets. The average net interest margin (NIM) fell to 

3.32 percent, from 3.57 percent in fourth quarter 2011, 

as average asset yields declined more rapidly than average funding costs. This is the lowest quarterly NIM for 

the industry since fourth quarter 2007. More than twothirds of all banks—67.9 percent—reported year-overyear NIM declines.

Full-Year Earnings Are Second Highest Ever

Full-year net income totaled $141.3 billion, a $22.9 

billion (19.3 percent) improvement over 2011. This is 

the second-highest annual earnings ever reported by the 

industry, after the $145.2 billion total in 2006, when 

the industry had $2.7 trillion less in assets. The average 

ROA rose to 1.00 percent from 0.88 percent in 2011. 

The largest contribution to the increase in earnings 

came from reduced provisions for loan losses, which fell 

by $19.3 billion (24.9 percent). Noninterest income 

was $18.4 billion (8 percent) higher than in 2011, 

thanks to an $11.2 billion (174.4 percent) increase in 

gains on loan sales, a $6.8 billion (93.9 percent) 

increase in servicing income, and a $2.4 billion (51.8 

percent) reduction in losses on foreclosed property sales. 

The improvement in noninterest income was limited by 

a $12.4 billion negative swing in results from trading 

credit exposures. Net interest income was $1.3 billion 

(0.3 percent) lower than in 2011, as the full-year NIM 

fell from 3.60 percent to 3.42 percent. Realized gains on 

securities and other assets added $4.2 billion (75.7 

percent) more to pretax earnings than a year earlier.

Loan Losses Improve Across All Loan Categories

Asset quality indicators continued to improve in the 

fourth quarter. Net charge-offs (NCOs) totaled $18.6 

billion, down $7 billion (27.4 percent) from fourth 

quarter 2011. This is the 10th consecutive quarter that 

NCOs have declined. It is the lowest quarterly NCO 

total since fourth quarter 2007. All major loan categories showed year-over-year improvement in quarterly 

NCO amounts. The largest declines occurred in 1-to-4 

family residential mortgages, where quarterly NCOs fell 

by $1.5 billion (29.3 percent), in real estate construction and development loans, where NCOs declined by 

$1.3 billion (62.6 percent), in credit cards, where 

NCOs were $1 billion (14.1 percent) lower, and in 

loans to commercial and industrial (C&I) borrowers, 

where NCOs were also $1 billion (39.7 percent) lower.

Noncurrent Rate Declines to Four-Year Low

The amount of loans that were noncurrent (90 days or 

more past due or in nonaccrual status) declined by 

$16.1 billion (5.5 percent) during the quarter. At yearend, noncurrent loan balances totaled $276.8 billion, 

compared with $292.8 billion at the end of the third 

quarter. The percentage of total loans and leases that 

were noncurrent fell from 3.86 percent to 3.60 percent, 

the lowest level since the end of 2008. Noncurrent 

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

1 2 3 4 123412 3 41234 1 2 3 4

2008 2009 2010 2011 2012 

Quarterly Net Operating Revenue*

Quarterly Loan-Loss Provision
FDIC Quarterly 3 2013, Volume 7, No. 1

Quarterly Banking Profile

balances fell in all major loan categories in the fourth 

quarter. Noncurrent 1-to-4 family residential mortgage 

balances declined by $6.4 billion (3.5 percent), while 

noncurrent real estate construction and development 

loans fell by $3.6 billion (17.3 percent), and noncurrent 

nonfarm nonresidential real estate loans declined by 

$3.1 billion (9.2 percent).

Coverage of Noncurrent Loans Improves 

Despite Reduction in Reserves

Insured institutions reduced their reserves for loan losses 

by $5 billion (3 percent) in the fourth quarter, as 

fourth-quarter loss provisions replenished only $15.1 

billion of the $18.6 billion taken out of reserves by 

NCOs. This is the 11th consecutive quarter that the 

industry’s reserve balances have declined. The trend 

toward lower reserves continues to be led by larger institutions. More institutions added to their reserves than 

reduced them (48.8 percent versus 43.5 percent, respectively). Despite the overall reduction in reserves, the 

larger decline in noncurrent loan balances at insured 

institutions meant that the industry’s coverage ratio of 

reserves to noncurrent loans increased from 57.0 

percent to 58.5 percent during the quarter.

Decline in Securities Values Contributes to 

Reduction in Equity Capital

Total equity capital fell by $5.6 billion (0.3 percent) in 

the fourth quarter. The decline reflected a $7.2 billion 

decrease in accumulated other comprehensive income, 

as unrealized gains on securities held for sale fell by $7.6 

billion (10.4 percent). For the industry as a whole, 

retained earnings made no contribution to equity 

formation in the fourth quarter, as declared dividends of 

$35.5 billion exceeded the $34.7 billion in quarterly net 

income. The high level of dividends was the result of a 

large quarterly dividend declared at one institution. A 

majority of institutions, 55.2 percent, added to their 

equity capital during the quarter.

Loan Balances Increase for Sixth Time in 

Seven Quarters

Total assets increased by $227.8 billion (1.6 percent). 

Loans accounted for more than half of the increase, as 

net loan and lease balances rose by $123.2 billion (1.7 

percent). Loan growth was led by C&I loans (up $53.4 

billion, or 3.7 percent), credit cards (up $28.2 billion, 

or 4.2 percent), and nonfarm nonresidential real estate 

loans (up $14.6 billion, or 1.4 percent). Home equity 

loan balances fell by $12.6 billion (2.2 percent) during 

the quarter, while balances of real estate construction 

and development loans declined by $6.6 billion (3.1 

percent). Loans to small businesses and farms increased 

by $1.7 billion (0.3 percent), as small C&I loans (original amounts of $1 million or less) rose by $5.3 billion 

(1.9 percent), and small farmland loans (original 

amounts of $500,000 or less) increased by $234 million 

(0.6 percent). Cash and balances due from depository 

institutions increased by $87.2 billion (6.4 percent), as 

banks increased their balances with Federal Reserve 

banks by $60.2 billion (9.1 percent). Banks’ investment 

securities portfolios grew by $23.5 billion (0.8 percent) 

during the quarter.

Chart 5

Reserve Coverage Ratio*

Billions of Dollars

0

50

100

150

200

250

300

350

400

450

1 2 3 4 1 2 341 2341234 1234123 412 3 4

0

20

40

60

80

100

120

140

160

180

Percent

Noncurrent Loans & Leases ($ Billions)

Loan-Loss Reserves ($ Billions)

Coverage Ratio

(Percent)

2006 2007 2008 2009 2010 2011 2012

* Loan-loss reserves to noncurrent loans & leases.

Chart 6

Quarterly Change in Loan Balances, 2007–2012

Billions of Dollars

221*

43

189

237

203

61

28

-6

-116-140

-109

-210

-133

-107

-7 -14

-126

67

24

-63

102

65

118 134

-$250

-$200

-$150

-$100

-$50

$0

$50

$100

$150

$200

$250

$300

1234 1234 1234 123 4 1 2 3 4 1 234

2007 2008 2009 2010

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

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

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

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

2011 2012
FDIC Quarterly 4 2013, Volume 7, No. 1

Large Denomination Deposit Balances Surge

Total deposits increased by $313.1 billion (3 percent), 

as deposits in domestic offices posted a record $386.8 

billion (4.3 percent) increase. Most of the growth 

consisted of large denomination deposits. Balances in 

accounts of more than $250,000 increased by $348.5 

billion (8.2 percent). Uninsured deposit balances 

increased by $252.7 billion (12.7 percent), while 

balances in noninterest-bearing transaction accounts 

above the basic FDIC coverage level of $250,000 that 

had temporary full FDIC coverage through the end of 

2012 increased by $49.5 billion (3.3 percent). Banks 

reduced their nondeposit liabilities by $76.9 billion (3.7 

percent), and their foreign office deposits by $73.7 

billion (5.1 percent).

Quarterly Failures Decline to 41⁄2 Year Low

In the fourth quarter, the number of insured commercial banks and savings institutions reporting financial 

results fell from 7,181 to 7,083. During the quarter, 88 

institutions were merged into other banks, and eight 

insured institutions failed. This is the smallest number 

of failures in a quarter since second quarter 2008. For 

the sixth quarter in a row, no new reporting institutions 

were added. The year 2012 is the first in FDIC history 

that no new reporting institutions were added, and the 

second year in a row with no start-up de novo charters 

(the three new reporters in 2011 were all charters 

created to absorb failed banks). The number of institutions on the FDIC’s “Problem List” declined for a 

seventh consecutive quarter, from 694 to 651. Total 

assets of “problem” institutions fell from $262 billion to 

$233 billion. During the fourth quarter, insured institutions increased the number of their employees by 4,259 

(0.2 percent).

Author: Ross Waldrop, Senior Banking Analyst

Division of Insurance and Research

(202) 898-3951

Chart 7

Quarterly Change in Domestic Deposits

Billions of Dollars

70

135 118

234

280

253

68

88

146

387

$0

$50

$100

$150

$200

$250

$300

$350

$400

$450

Q3

2010

Q4

2010

Q1

2011

Q2

2011

Q3

2011

Q4

2011

Q1

2012

Q2

2012

Q3

2012

Q4

2012

Chart 8

Quarterly Changes in the Number of

Troubled Institutions, 2007–2012

9

12

21

24

50

45

41

45

41

30

26 22 26 18 16 15 12 8 1 0 1 1 2

2

-50

-25

0

25

50

75

100

125

150

175

200

123412341234123412341234

2007 2008 2009 2010 2011 2012

8 11 14 27

54

81

53

111

136 150

73 54 31 24

-23 -21 -31 -41 -40 -38 -43

3 4 4 8 11 14 27

54

81

53

111

136 150

73 54 31 24

-23 -21 -31 -41 -40 -38 -43

3 4 4

Quarterly Failures

Net Quarterly Change in

Number of Problem Banks
FDIC Quarterly 5 2013, Volume 7, No. 1

Quarterly Banking Profile

TABLE I-A. Selected Indicators, All FDIC-Insured Institutions* 2012 2011 2010 2009 2008 2007 2006

Return on assets (%)������������������������������������������������������������������������������������������������������ 1.00 0.88 0.65 -0.08 0.03 0.

Return on equity (%)������������������������������������������������������������������������������������������������������� 8.92 7.79 5.85 -0.73 0.35 7.7

Core capital (leverage) ratio (%) ������������������������������������������������������������������������������������ 9.15 9.07 8.89 8.60 7.47 7.

Noncurrent assets plus other real estate owned to assets (%) ������������������������������������ 2.20 2.60 3.11 3.37 1.91 0.

Net charge-offs to loans (%) ������������������������������������������������������������������������������������������ 1.10 1.55 2.55 2.52 1.29 0.

Asset growth rate (%) ����������������������������������������������������������������������������������������������������� 4.02 4.30 1.77 -5.45 6.19 9.

Net interest margin (%)��������������������������������������������������������������������������������������������������� 3.42 3.60 3.76 3.49 3.16 3.

Net operating income growth (%)����������������������������������������������������������������������������������� 17.94 43.58 1,594.92 -155.98 -90.71 -27.

Number of institutions reporting������������������������������������������������������������������������������������� 7,083 7,357 7,658 8,012 8,305 8,534 8,680

Commercial banks��������������������������������������������������������������������������������������������������� 6,096 6,291 6,530 6,840 7,087 7,284 7,401

Savings institutions ������������������������������������������������������������������������������������������������� 987 1,066 1,128 1,172 1,218 1,250 1,279

Percentage of unprofitable institutions (%)�������������������������������������������������������������������� 10.48 16.22 22.12 30.84 24.89 12.

Number of problem institutions �������������������������������������������������������������������������������������� 651 813 884 702 252 76 50

Assets of problem institutions (in billions) ��������������������������������������������������������������������� $233 $319 $390 $403 $159 $22 $8

Number of failed institutions������������������������������������������������������������������������������������������� 51 92 157 140 25 3 0

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

* Excludes insured branches of foreign banks (IBAs)

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

(dollar figures in millions)  4th Quarter

2012

3rd Quarter

2012

4th Quarter

2011

%Change 

11Q4-12Q4

Number of institutions reporting������������������������������������������������������������������������������������� 7,083 7,181 7,357 -3.

Total employees (full-time equivalent)��������������������������������������������������������������������������� 2,110,101 2,105,842 2,108,565 0.

CONDITION DATA

Total assets��������������������������������������������������������������������������������������������������������������������� $14,450,671 $14,222,893 $13,892,115 4.

Loans secured by real estate���������������������������������������������������������������������������������� 4,094,714 4,087,055 4,136,221 -1.

 1-4 Family residential mortgages �������������������������������������������������������������������� 1,895,587 1,889,768 1,885,198 0.

 Nonfarm nonresidential������������������������������������������������������������������������������������ 1,072,572 1,057,983 1,060,216 1.

 Construction and development 203,877 210,433 240,019 -15.

 Home equity lines��������������������������������������������������������������������������������������������� 554,453 567,087 603,767 -8.

Commercial & industrial loans �������������������������������������������������������������������������������� 1,508,400 1,454,972 1,345,034 12.

Loans to individuals������������������������������������������������������������������������������������������������� 1,327,624 1,295,124 1,307,618 1.

 Credit cards ������������������������������������������������������������������������������������������������������ 696,079 667,865 687,752 1.

Farm loans��������������������������������������������������������������������������������������������������������������� 67,064 65,450 61,380 9.

Other loans & leases����������������������������������������������������������������������������������������������� 699,858 676,933 625,677 11.

Less: Unearned income ������������������������������������������������������������������������������������������ 1,835 1,925 1,698 8.

Total loans & leases ������������������������������������������������������������������������������������������������ 7,695,825 7,577,609 7,474,231 3.

Less: Reserve for losses����������������������������������������������������������������������������������������� 162,036 167,004 191,280 -15.

Net loans and leases����������������������������������������������������������������������������������������������� 7,533,789 7,410,605 7,282,952 3.

Securities����������������������������������������������������������������������������������������������������������������� 3,009,947 2,986,450 2,850,333 5.

Other real estate owned������������������������������������������������������������������������������������������ 38,513 41,040 46,046 -16.

Goodwill and other intangibles ������������������������������������������������������������������������������� 366,326 364,166 368,028 -0.

All other assets�������������������������������������������������������������������������������������������������������� 3,502,096 3,420,632 3,344,756 4.

Total liabilities and capital ���������������������������������������������������������������������������������������������� 14,450,671 14,222,893 13,892,115 4.

Deposits������������������������������������������������������������������������������������������������������������������� 10,817,353 10,504,249 10,186,281 6.

 Domestic office deposits���������������������������������������������������������������������������������� 9,446,998 9,060,224 8,757,889 7.

 Foreign office deposits������������������������������������������������������������������������������������� 1,370,355 1,444,025 1,428,392 -4.

Other borrowed funds ��������������������������������������������������������������������������������������������� 1,322,327 1,355,856 1,421,362 -7.

Subordinated debt��������������������������������������������������������������������������������������������������� 118,023 112,096 133,052 -11.

All other liabilities ���������������������������������������������������������������������������������������������������� 563,696 613,022 582,195 -3.

Total equity capital (includes minority interests)���������������������������������������������������� 1,629,272 1,637,669 1,569,225 3.

 Bank equity capital������������������������������������������������������������������������������������������� 1,613,717 1,619,273 1,550,896 4.

Loans and leases 30-89 days past due������������������������������������������������������������������������� 88,898 86,938 100,864 -11.

Noncurrent loans and leases ����������������������������������������������������������������������������������������� 276,797 292,848 313,529 -11.

Restructured loans and leases �������������������������������������������������������������������������������������� 105,038 104,696 129,414 -18.

Mortgage-backed securities ������������������������������������������������������������������������������������������ 1,706,196 1,732,865 1,643,301 3.

Earning assets���������������������������������������������������������������������������������������������������������������� 12,682,469 12,469,845 12,073,705 5.

FHLB Advances�������������������������������������������������������������������������������������������������������������� 333,835 318,120 327,527 1.

Unused loan commitments��������������������������������������������������������������������������������������������� 5,846,442 5,832,849 5,763,709 1.

Trust assets��������������������������������������������������������������������������������������������������������������������� 17,120,192 17,476,339 16,524,030 3.

Assets securitized and sold**����������������������������������������������������������������������������������������� 871,324 990,634 944,665 -7.

Notional amount of derivatives**������������������������������������������������������������������������������������ 224,080,412 229,317,618 232,052,902 -3.

INCOME DATA Full Year 2012 Full Year 2011 %Change

4th Quarter 

2012

4th Quarter 

2011

%Change 

11Q4-12Q4

Total interest income ������������������������������������������������������������������� $487,216 $507,389 -4.0 $119,679 $126,381 -5

Total interest expense ����������������������������������������������������������������� 65,933 84,807 -22.3 15,285 19,325 -20

Net interest income �������������������������������������������������������������� 421,283 422,582 -0.3 104,394 107,056 -2

Provision for loan and lease losses �������������������������������������������� 58,244 77,512 -24.9 15,119 20,053 -24

Total noninterest income������������������������������������������������������������� 248,588 230,139 8.0 64,569 54,616 18

Total noninterest expense ����������������������������������������������������������� 420,725 411,728 2.2 108,058 107,552 0

Securities gains (losses)������������������������������������������������������������� 9,679 5,510 75.7 1,514 1,755 -13

Applicable income taxes ������������������������������������������������������������� 58,524 50,664 15.5 12,445 10,401 19

Extraordinary gains, net�������������������������������������������������������������� -142 926 N/M -87 161 N/M

Total net income (includes minority interests)��������������������� 141,915 119,255 19.0 34,768 25,582 35

 Bank net income������������������������������������������������������������ 141,305 118,430 19.3 34,667 25,323 36

Net charge-offs���������������������������������������������������������������������������� 82,784 113,233 -26.9 18,576 25,594 -27

Cash dividends ���������������������������������������������������������������������������� 96,337 77,937 23.6 35,489 22,702 56

Retained earnings ����������������������������������������������������������������������� 44,968 40,492 11.1 -822 2,622 N/

Net operating income����������������������������������������������������������� 134,734 114,243 17.9 33,654 24,076 39

** 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 2013, Volume 7, No. 1

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

Asset Concentration Groups*

FULL YEAR

(The way it is...)

All Insured 

Institutions

Credit 

Card 

Banks

International 

Banks

Agricultural 

Banks

Commercial 

Lenders

Mortgage 

Lenders

Consumer 

Lenders

Other 

Specialized 

<$1 Billion

All Other 

<$1 Billion

All Other 

>$1 Billion

Number of institutions reporting����������������������� 7,083 19 5 1,537 3,497 660 51 414 827 73

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

Savings institutions ����������������������������������� 987 4 0 21 338 460 12 40 101 11

Total assets (in billions)������������������������������������ $14,450.7 $600.6 $3,808.4 $239.8 $4,338.7 $628.4 $101.6 $64.9 $146.

Commercial banks������������������������������������� 13,391.0 529.4 3,808.4 235.1 3,998.8 272.0 27.2 58.8 121

Savings institutions ����������������������������������� 1,059.7 71.2 0.0 4.8 339.9 356.4 74.4 6.1 

Total deposits (in billions)��������������������������������� 10,817.4 328.2 2,678.6 200.3 3,400.7 482.2 84.3 52.1 123

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

Savings institutions ����������������������������������� 803.2 44.6 0.0 3.1 252.7 262.4 63.2 3.9 

Bank net income (in millions) ��������������������������� 141,305 18,058 29,777 2,906 37,772 5,367 1,430 824 1,252 43,919

Commercial banks������������������������������������� 130,302 14,401 29,777 2,778 35,184 3,112 654 725 1,136 42,535

Savings institutions ����������������������������������� 11,003 3,657 0 128 2,588 2,255 775 98 116 1,385

Performance Ratios (%)

Yield on earning assets������������������������������������ 3.96 10.59 3.15 4.45 4.28 3.90 4.99 3.31

Cost of funding earning assets ������������������������ 0.54 0.89 0.53 0.71 0.60 0.81 0.92 0.59

Net interest margin������������������������������������ 3.42 9.71 2.62 3.74 3.69 3.09 4.07 2.72

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

Noninterest expense to assets������������������������� 2.99 5.88 2.81 2.56 3.01 2.33 3.19 4.99

Loan and lease loss provision to assets���������� 0.41 2.43 0.24 0.15 0.37 0.40 0.89 0.11

Net operating income to assets ����������������������� 0.96 3.13 0.72 1.22 0.86 0.82 1.47 1.24

Pretax return on assets ������������������������������������ 1.42 4.86 1.05 1.48 1.19 1.28 2.27 1.90

Return on assets����������������������������������������������� 1.00 3.14 0.80 1.27 0.89 0.87 1.47 1.24

Return on equity ����������������������������������������������� 8.92 20.97 8.85 11.19 7.47 7.82 14.98 8.67

Net charge-offs to loans and leases���������������� 1.10 3.83 1.41 0.24 0.74 0.82 1.32 0.45

Loan and lease loss provision to 

net charge-offs ������������������������������������������ 70.36 78.50 50.58 104.83 74.52 79.67 94.90 88.69 9

Efficiency ratio �������������������������������������������������� 61.60 42.99 69.10 61.33 65.79 58.75 49.41 71.22 7

% of unprofitable institutions���������������������������� 10.48 0.00 0.00 3.06 13.78 12.73 7.84 10.14

% of institutions with earnings gains���������������� 68.04 68.42 80.00 66.56 75.09 53.18 66.67 52.42 6

Condition Ratios (%)

Earning assets to total assets �������������������������� 87.76 91.91 85.57 91.42 89.12 93.20 96.64 91.51 9

Loss allowance to:

Loans and leases �������������������������������������� 2.11 4.09 2.98 1.51 1.75 1.41 1.84 1.95

Noncurrent loans and leases �������������������� 58.54 293.66 78.07 118.67 69.15 36.98 156.85 79.85 7

Noncurrent assets plus

other real estate owned to assets������������� 2.20 1.11 1.39 1.11 2.21 2.70 0.88 1.05

Equity capital ratio�������������������������������������������� 11.17 14.68 8.93 11.14 11.93 11.09 9.58 14.28 1

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

Tier 1 risk-based capital ratio��������������������������� 13.09 14.18 12.20 14.56 12.92 20.45 12.82 29.42 1

Total risk-based capital ratio ���������������������������� 15.12 16.40 14.82 15.69 14.60 21.59 13.93 30.50 1

Net loans and leases to deposits��������������������� 69.65 139.97 46.93 71.22 83.82 77.47 83.22 34.40 6

Net loans to total assets ���������������������������������� 52.13 76.48 33.01 59.48 65.70 59.44 69.04 27.58 5

Domestic deposits to total assets �������������������� 65.37 52.11 40.82 83.52 77.75 76.61 82.95 79.44 8

Structural Changes

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

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

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

PRIOR FULL YEARS

(The way it was...)

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

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

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

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

������������������������������������� 2009 13,086.8 501.6 3,107.1 182.0 4,546.7 810.1 96.5 38.1 116

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

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

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

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

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

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

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

Noncurrent assets plus 

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

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

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

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

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

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

* See Table IV-A (page 8) for explanations

Note: Blue font identifies data that are also presented in the prior years data at bottom of table
FDIC Quarterly 7 2013, Volume 7, No. 1

Quarterly Banking Profile

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

Asset Size Distribution Geographic Regions*

FULL YEAR

(The way it is...)

All Insured 

Institutions

Less than 

$100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to 

$10 Billion

Greater 

than 

$10 Billion New York Atlanta Chicago

Kansas 

City Dallas

San 

Francisco

Number of institutions reporting����������������������������� 7,083 2,205 4,216 555 107 873 904 1,515 1,716 1,490 585

Commercial banks������������������������������������������� 6,096 1,954 3,607 446 89 473 813 1,258 1,632 1,388 532

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

Total assets (in billions)������������������������������������������ $14,450.7 $128.3 $1,275.1 $1,454.6 $11,592.7 $2,896.1 $3,056.1 $3,298.6 $3,068.7 $870

Commercial banks������������������������������������������� 13,391.0 114.0 1,063.2 1,168.2 11,045.6 2,433.0 2,965.3 3,182.0 3,009.8 76

Savings institutions ����������������������������������������� 1,059.7 14.3 211.9 286.4 547.1 463.1 90.8 116.6 58.9 

Total deposits (in billions)��������������������������������������� 10,817.4 108.6 1,065.9 1,132.6 8,510.2 2,133.3 2,327.2 2,356.5 2,331.7 

Commercial banks������������������������������������������� 10,014.1 97.4 896.5 914.4 8,105.8 1,792.4 2,260.0 2,268.1 2,285.1 

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

Bank net income (in millions) ��������������������������������� 141,305 920 10,157 16,166 114,061 26,933 23,127 29,083 33,082 8,493 20,587

Commercial banks������������������������������������������� 130,302 831 8,964 13,525 106,982 23,953 22,627 28,031 32,618 7,487 15,586

Savings institutions ����������������������������������������� 11,003 90 1,194 2,640 7,079 2,980 500 1,052 464 1,005 5,001

Performance Ratios (%)

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

Cost of funding earning assets ������������������������������ 0.54 0.71 0.76 0.69 0.49 0.60 0.46 0.47 0.6

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

Noninterest income to assets��������������������������������� 1.77 1.22 1.10 1.40 1.89 1.54 1.77 1.94 1.7

Noninterest expense to assets������������������������������� 2.99 3.61 3.18 3.06 2.96 2.93 3.10 2.98 2.9

Loan and lease loss provision to assets���������������� 0.41 0.21 0.35 0.39 0.43 0.48 0.47 0.21 0.5

Net operating income to assets ����������������������������� 0.96 0.65 0.75 1.09 0.97 0.94 0.70 0.84 1.0

Pretax return on assets ������������������������������������������ 1.42 0.86 1.05 1.48 1.46 1.44 1.09 1.22 1.5

Return on assets����������������������������������������������������� 1.00 0.72 0.81 1.14 1.01 0.97 0.77 0.90 1.1

Return on equity ����������������������������������������������������� 8.92 5.95 7.47 9.68 9.01 7.79 6.34 10.08 9.97

Net charge-offs to loans and leases���������������������� 1.10 0.42 0.63 0.73 1.23 1.27 1.19 0.85 1.3

Loan and lease loss provision to 

net charge-offs ������������������������������������������������ 70.36 91.18 89.77 83.94 67.68 71.51 71.18 52.74 71.39 

Efficiency ratio �������������������������������������������������������� 61.60 78.29 70.12 62.24 60.44 59.31 66.86 67.91 57.80 

% of unprofitable institutions���������������������������������� 10.48 14.15 9.20 7.21 1.87 9.51 20.80 11.02 6.82

% of institutions with earnings gains���������������������� 68.04 59.55 71.18 76.40 75.70 62.89 73.34 67.72 68.47 

Condition Ratios (%)

Earning assets to total assets ��������������������������������� 87.76 90.76 91.70 90.78 86.92 88.36 86.23 86.84 86.98 

Loss allowance to:

Loans and leases ��������������������������������������������� 2.11 1.76 1.75 1.82 2.20 2.02 2.09 2.22 2.4

Noncurrent loans and leases ��������������������������� 58.54 79.15 71.94 61.42 56.92 81.66 40.71 59.22 59.92 

Noncurrent assets plus

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

Equity capital ratio��������������������������������������������������� 11.17 12.05 10.91 11.77 11.11 12.18 12.03 9.10 10.86 

Core capital (leverage) ratio ����������������������������������� 9.15 11.40 10.33 10.43 8.83 9.81 9.03 7.63 8.92

Tier 1 risk-based capital ratio���������������������������������� 13.09 18.81 15.57 15.23 12.51 14.20 12.98 11.33 12.33 

Total risk-based capital ratio ����������������������������������� 15.12 19.92 16.76 16.49 14.72 15.83 15.23 13.84 14.46 

Net loans and leases to deposits���������������������������� 69.65 65.12 73.30 79.84 67.89 69.90 71.92 62.76 69.74 

Net loans to total assets ����������������������������������������� 52.13 55.13 61.27 62.16 49.84 51.49 54.77 44.83 52.99 

Domestic deposits to total assets ��������������������������� 65.37 84.67 83.54 77.46 61.65 65.12 73.07 59.02 56.36 

Structural Changes

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

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

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

PRIOR FULL YEARS

(The way it was...)

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

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

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

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

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

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

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

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

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

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

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

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

Noncurrent assets plus 

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

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

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

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

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

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

* See Table IV-A (page 9) for explanations

Note: Blue font identifies data that are also presented in the prior years data at bottom of table
FDIC Quarterly 8 2013, Volume 7, No. 1

TABLE IV-A. Fourth Quarter 2012, All FDIC-Insured Institutions

Asset Concentration Groups*

FOURTH 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����������������������� 7,083 19 5 1,537 3,497 660 51 414 827 73

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

Savings institutions ����������������������������������� 987 4 0 21 338 460 12 40 101 11

Total assets (in billions)������������������������������������ $14,450.7 $600.6 $3,808.4 $239.8 $4,338.7 $628.4 $101.6 $64.9 $146.

Commercial banks������������������������������������� 13,391.0 529.4 3,808.4 235.1 3,998.8 272.0 27.2 58.8 121

Savings institutions ����������������������������������� 1,059.7 71.2 0.0 4.8 339.9 356.4 74.4 6.1 

Total deposits (in billions)��������������������������������� 10,817.4 328.2 2,678.6 200.3 3,400.7 482.2 84.3 52.1 123

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

Savings institutions ����������������������������������� 803.2 44.6 0.0 3.1 252.7 262.4 63.2 3.9 

Bank net income (in millions) ��������������������������� 34,667 4,551 6,667 665 9,621 1,349 296 172 300 11,047

Commercial banks������������������������������������� 31,996 3,582 6,667 637 9,017 773 158 183 267 10,713

Savings institutions ����������������������������������� 2,670 969 0 28 604 575 139 -11 33 333

Performance Ratios (annualized, %)

Yield on earning assets������������������������������������ 3.81 9.71 3.00 4.34 4.20 3.71 4.82 3.10

Cost of funding earning assets ������������������������ 0.49 0.81 0.48 0.63 0.54 0.74 0.85 0.51

Net interest margin������������������������������������ 3.32 8.90 2.52 3.71 3.65 2.97 3.96 2.60

Noninterest income to assets��������������������������� 1.80 5.13 1.73 0.73 1.29 1.09 2.32 5.40

Noninterest expense to assets������������������������� 3.02 5.91 2.82 2.70 3.07 2.42 3.25 5.91

Loan and lease loss provision to assets���������� 0.42 2.82 0.21 0.16 0.36 0.27 1.14 0.14

Net operating income to assets ����������������������� 0.94 3.04 0.67 1.08 0.87 0.77 1.18 0.99

Pretax return on assets ������������������������������������ 1.32 4.60 0.89 1.32 1.14 1.31 1.72 1.82

Return on assets����������������������������������������������� 0.97 3.08 0.70 1.13 0.90 0.86 1.18 1.05

Return on equity ����������������������������������������������� 8.59 20.88 7.77 9.96 7.45 7.69 12.08 7.24

Net charge-offs to loans and leases���������������� 0.97 3.55 1.04 0.34 0.70 0.59 1.50 0.64

Loan and lease loss provision to 

net charge-offs ������������������������������������������ 81.39 99.46 58.45 78.53 76.02 75.40 107.53 79.23 8

Efficiency ratio �������������������������������������������������� 62.62 42.76 71.08 64.67 66.72 62.15 52.36 75.60 7

% of unprofitable institutions���������������������������� 14.01 0.00 0.00 9.04 15.44 17.27 15.69 17.15 

% of institutions with earnings gains���������������� 59.97 68.42 60.00 53.42 67.69 50.00 60.78 46.62 5

Structural Changes

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

Institutions absorbed by mergers ������������� 88 0 0 14 47 6 0 2 3 16

Failed institutions �������������������������������������� 8 0 0 0 7 1 0 0 0 0

PRIOR FOURTH QUARTERS

(The way it was...)

Return on assets (%)��������������������������������2011 0.73 3.13 0.60 1.04 0.38 0.48 1.39 2.11

������������������������������������� 2009 -0.05 0.53 0.29 0.54 -0.84 0.65 0.32 1.25

������������������������������������� 2007 0.01 2.01 -0.20 1.07 0.23 -1.97 0.62 2.08

Net charge-offs to loans & leases (%) �����2011 1.38 4.34 1.72 0.51 1.12 0.90 1.88 0.65

������������������������������������� 2009 3.00 9.50 3.59 1.04 2.59 1.34 2.66 0.77

������������������������������������� 2007 0.84 4.24 1.09 0.32 0.62 0.67 1.03 0.26

*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

Note: Blue font identifies data that are also presented in the prior quarters data at bottom of table
FDIC Quarterly 9 2013, Volume 7, No. 1

Quarterly Banking Profile

TABLE IV-A. Fourth Quarter 2012, All FDIC-Insured Institutions 

Asset Size Distribution Geographic Regions*

FOURTH 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����������������������������� 7,083 2,205 4,216 555 107 873 904 1,515 1,716 1,490 585

Commercial banks������������������������������������������� 6,096 1,954 3,607 446 89 473 813 1,258 1,632 1,388 532

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

Total assets (in billions)������������������������������������������ $14,450.7 $128.3 $1,275.1 $1,454.6 $11,592.7 $2,896.1 $3,056.1 $3,298.6 $3,068.7 $870

Commercial banks������������������������������������������� 13,391.0 114.0 1,063.2 1,168.2 11,045.6 2,433.0 2,965.3 3,182.0 3,009.8 76

Savings institutions ����������������������������������������� 1,059.7 14.3 211.9 286.4 547.1 463.1 90.8 116.6 58.9 

Total deposits (in billions)��������������������������������������� 10,817.4 108.6 1,065.9 1,132.6 8,510.2 2,133.3 2,327.2 2,356.5 2,331.7 

Commercial banks������������������������������������������� 10,014.1 97.4 896.5 914.4 8,105.8 1,792.4 2,260.0 2,268.1 2,285.1 

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

Bank net income (in millions) ��������������������������������� 34,667 197 2,368 3,740 28,361 6,672 6,222 7,292 7,742 2,004 4,735

Commercial banks������������������������������������������� 31,996 181 2,025 3,052 26,738 5,973 6,076 7,098 7,567 1,832 3,450

Savings institutions ����������������������������������������� 2,670 16 343 688 1,623 699 146 194 175 172 1,285

Performance Ratios (annualized, %)

Yield on earning assets������������������������������������������ 3.81 4.37 4.38 4.42 3.66 4.16 3.68 3.09 4.2

Cost of funding earning assets ������������������������������ 0.49 0.65 0.68 0.61 0.45 0.54 0.42 0.41 0.5

Net interest margin������������������������������������������ 3.32 3.71 3.70 3.81 3.21 3.62 3.26 2.68 3.6

Noninterest income to assets��������������������������������� 1.80 1.29 1.22 1.30 1.94 1.53 1.79 1.96 1.7

Noninterest expense to assets������������������������������� 3.02 3.80 3.34 3.15 2.96 2.92 3.11 2.95 3.0

Loan and lease loss provision to assets���������������� 0.42 0.23 0.35 0.36 0.44 0.53 0.50 0.16 0.5

Net operating income to assets ����������������������������� 0.94 0.54 0.67 0.99 0.97 0.89 0.80 0.87 0.9

Pretax return on assets ������������������������������������������ 1.32 0.72 1.02 1.31 1.36 1.31 1.03 1.20 1.3

Return on assets����������������������������������������������������� 0.97 0.62 0.75 1.04 0.99 0.93 0.82 0.89 1.0

Return on equity ����������������������������������������������������� 8.59 5.05 6.81 8.78 8.80 7.58 6.73 9.78 9.23

Net charge-offs to loans and leases���������������������� 0.97 0.50 0.70 0.70 1.06 1.12 1.16 0.64 1.1

Loan and lease loss provision to 

net charge-offs ������������������������������������������������ 81.39 82.16 79.59 81.01 81.58 89.75 77.79 53.77 84.24 8

Efficiency ratio �������������������������������������������������������� 62.62 81.07 72.00 65.36 61.06 60.09 66.34 67.55 60.67 

% of unprofitable institutions���������������������������������� 14.01 21.18 11.34 8.11 1.87 12.83 22.01 13.99 12.47 

% of institutions with earnings gains���������������������� 59.97 52.29 62.36 69.55 74.77 59.34 65.15 59.27 55.89 

Structural Changes

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

Institutions absorbed by mergers ������������������� 88 31 49 7 1 13 11 13 21 24 6

Failed institutions �������������������������������������������� 8 2 6 0 0 1 4 1 2 0 0

PRIOR FOURTH QUARTERS

(The way it was...)

Return on assets (%)��������������������������������������2011 0.73 0.30 0.41 0.60 0.79 0.83 0.25 0.69 0.8

������������������������������������������� 2009 -0.05 -0.50 -0.67 -0.57 0.11 0.16 -0.41 0.06 0.77

��������������������������������������������2007 0.01 0.44 0.68 0.60 -0.16 0.12 0.10 0.60 0.98

Net charge-offs to loans & leases (%) �����������2011 1.38 0.78 1.07 1.22 1.46 1.55 1.45 1.20 1.5

������������������������������������������� 2009 3.00 1.23 1.99 2.42 3.32 2.96 2.78 2.98 2.7

��������������������������������������������2007 0.84 0.37 0.46 0.63 0.95 1.00 0.56 0.75 1.1

* 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

Note: Blue font identifies data that are also presented in the prior quarters data at bottom of table
FDIC Quarterly 10 2013, Volume 7, No. 1

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

Asset Concentration Groups*

December 31, 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 ��������������������������������������� 1.48 0.49 2.03 0.85 1.03 1.35 0.97 1.63

Construction and development��������������������������������� 1.25 0.00 1.25 1.15 1.14 1.71 0.51 1.38

Nonfarm nonresidential��������������������������������������������� 0.70 0.00 0.69 0.68 0.69 0.68 0.78 1.22

Multifamily residential real estate ����������������������������� 0.63 0.00 0.71 0.40 0.52 0.57 0.38 0.83

Home equity loans����������������������������������������������������� 0.92 1.06 1.32 0.56 0.75 0.82 0.87 0.79

Other 1-4 family residential��������������������������������������� 2.28 0.55 3.06 1.73 1.65 1.49 1.12 2.18

Commercial and industrial loans ������������������������������������� 0.35 1.11 0.39 0.94 0.35 0.73 1.41 1.27

Loans to individuals���������������������������������������������������������� 1.57 1.33 1.70 1.76 1.52 1.61 1.14 1.83

Credit card loans ������������������������������������������������������� 1.36 1.31 1.52 1.57 1.44 1.55 0.69 1.12

Other loans to individuals ����������������������������������������� 1.81 1.74 2.01 1.77 1.52 1.61 1.38 1.90

All other loans and leases (including farm) ��������������������� 0.25 0.48 0.22 0.30 0.33 0.08 0.30 0.52

Total loans and leases������������������������������������������������������ 1.15 1.31 1.24 0.77 0.87 1.29 1.10 1.55

Percent of Loans Noncurrent**

All real estate loans ���������������������������������������������������������� 6.00 3.93 8.69 1.67 3.50 4.10 2.12 2.98

Construction and development.................................. 8.34 

Nonfarm nonresidential��������������������������������������������� 2.85 19.71 1.70 2.49 2.80 2.73 2.78 3.29

Multifamily residential real estate ����������������������������� 1.56 0.00 0.69 2.04 1.69 1.42 1.29 2.37

Home equity loans����������������������������������������������������� 2.88 0.00 4.19 0.99 1.54 2.32 2.03 1.55

Other 1-4 family residential��������������������������������������� 9.27 2.01 14.61 1.39 4.29 4.40 2.00 1.96 

Commercial and industrial loans ������������������������������������� 0.87 1.33 0.95 1.47 1.00 1.74 1.51 1.56

Loans to individuals���������������������������������������������������������� 1.16 1.40 1.33 0.57 0.73 0.95 0.83 0.74

Credit card loans ������������������������������������������������������� 1.41 1.40 1.43 0.30 1.36 1.18 1.07 0.62

Other loans to individuals ����������������������������������������� 0.89 1.43 1.14 0.60 0.68 0.92 0.71 0.75

All other loans and leases (including farm) ��������������������� 0.35 0.19 0.30 0.33 0.46 0.15 0.09 1.03

Total loans and leases������������������������������������������������������ 3.60 1.39 3.82 1.27 2.54 3.82 1.17 2.44

Percent of Loans Charged-off (net, YTD)

All real estate loans ���������������������������������������������������������� 1.02 6.95 1.57 0.25 0.84 0.83 1.62 0.40

Construction and development��������������������������������� 1.77 0.00 0.92 1.25 2.09 1.70 0.91 1.54

Nonfarm nonresidential��������������������������������������������� 0.55 -0.32 0.29 0.33 0.61 0.75 1.39 0.42

Multifamily residential real estate ����������������������������� 0.32 0.00 0.15 0.31 0.43 0.30 0.05 0.73

Home equity loans����������������������������������������������������� 2.09 28.98 2.55 0.44 1.13 2.57 2.31 0.53

Other 1-4 family residential��������������������������������������� 1.00 4.64 1.90 0.22 0.83 0.67 1.09 0.24

Commercial and industrial loans ������������������������������������� 0.51 3.89 0.33 0.50 0.50 0.61 2.23 0.42

Loans to individuals���������������������������������������������������������� 2.54 3.86 3.51 0.41 0.95 1.56 1.19 0.68

Credit card loans ������������������������������������������������������� 3.95 3.88 4.61 0.60 3.88 4.46 2.48 1.73

Other loans to individuals ����������������������������������������� 1.02 3.34 1.59 0.39 0.71 1.26 0.52 0.58

All other loans and leases (including farm) ��������������������� 0.16 0.00 0.12 0.00 0.28 0.19 0.16 0.58

Total loans and leases������������������������������������������������������ 1.10 3.83 1.41 0.24 0.74 0.82 1.32 0.45

Loans Outstanding (in billions)

All real estate loans ���������������������������������������������������������� $4,094.7 $0.1 $491.3 $84.4 $1,845.1 $346.2 $18.5 $12.9 $60.

Construction and development��������������������������������� 203.9 0.0 6.3 4.0 137.4 6.8 0.4 1.

Nonfarm nonresidential��������������������������������������������� 1,072.6 0.0 35.5 23.5 730.0 31.6 1.3 4.5 

Multifamily residential real estate ����������������������������� 234.0 0.0 41.9 2.2 139.7 11.2 0.2 0.

Home equity loans����������������������������������������������������� 554.5 0.0 102.7 1.6 196.2 19.7 7.7 0.5

Other 1-4 family residential��������������������������������������� 1,895.6 0.1 248.6 22.0 610.8 275.5 8.9 5.9 

Commercial and industrial loans ������������������������������������� 1,508.4 34.4 269.4 18.5 661.7 10.5 0.6 2.2

Loans to individuals���������������������������������������������������������� 1,327.6 441.9 259.3 6.8 213.9 8.4 52.4 2.1

Credit card loans ������������������������������������������������������� 696.1 424.7 164.3 0.5 17.4 0.7 17.8 0.

Other loans to individuals ����������������������������������������� 631.5 17.3 95.0 6.3 196.5 7.7 34.6 1.9

All other loans and leases (including farm) ��������������������� 766.9 2.5 276.1 35.2 181.9 13.9 0.1 1.0

Total loans and leases (plus unearned income)�������������� 7,697.7 479.0 1,296.2 144.9 2,902.6 379.0 71.6 18.3 79

Memo: Other Real Estate Owned (in millions)

All other real estate owned����������������������������������������������� 38,512.7 0.2 2,666.0 761.9 21,586.9 2,430.1 57.9 227.1 763.

Construction and development��������������������������������� 12,035.8 0.0 71.7 279.8 9,412.7 469.1 12.2 90.8 240

Nonfarm nonresidential��������������������������������������������� 8,903.6 0.1 27.6 267.2 6,589.3 333.4 25.4 79.1 230

Multifamily residential real estate ����������������������������� 1,006.3 0.0 6.0 13.3 687.2 37.8 0.3 7.5 

1-4 family residential ������������������������������������������������� 8,337.5 0.1 797.7 144.3 3,893.5 824.8 17.8 46.4 258

Farmland�������������������������������������������������������������������� 418.0 0.0 0.0 57.1 308.4 4.2 2.2 3.3

GNMA properties������������������������������������������������������� 7,735.9 0.0 1,691.0 0.1 694.6 760.4 0.0 0.0 1

* See Table IV-A (page 8) for explanations

** Noncurrent loan rates represent the percentage of loans in each category that are past due 90 days or more or that are in nonaccrual status
FDIC Quarterly 11 2013, Volume 7, No. 1

Quarterly Banking Profile

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

Asset Size Distribution Geographic Regions*

December 31, 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 ������������������������������ 1.48 1.66 1.16 1.01 1.66 1.22 1.67 1.45 1.9

Construction and development������������������������ 1.25 1.75 1.18 1.15 1.33 1.67 1.18 1.37 1.0

Nonfarm nonresidential������������������������������������ 0.70 1.32 0.92 0.63 0.63 0.77 0.76 0.83 0.5

Multifamily residential real estate �������������������� 0.63 1.22 0.71 0.55 0.63 0.47 0.58 0.80 0.9

Home equity loans�������������������������������������������� 0.92 1.20 0.78 0.72 0.95 0.65 1.09 1.07 0.8

Other 1-4 family residential������������������������������ 2.28 2.28 1.64 1.62 2.49 1.81 2.38 2.11 3.1

Commercial and industrial loans ���������������������������� 0.35 1.41 0.88 0.50 0.29 0.44 0.23 0.51 0.2

Loans to individuals������������������������������������������������� 1.57 2.18 1.90 1.65 1.56 1.35 2.26 1.55 1.7

Credit card loans ���������������������������������������������� 1.36 1.70 1.67 1.77 1.35 1.19 1.96 1.19 1.5

Other loans to individuals �������������������������������� 1.81 2.19 1.91 1.60 1.82 1.79 2.45 1.67 1.9

All other loans and leases (including farm) ������������ 0.25 0.36 0.37 0.25 0.24 0.26 0.17 0.41 0.1

Total loans and leases��������������������������������������������� 1.15 1.51 1.11 0.94 1.19 1.06 1.31 1.12 1.3

Percent of Loans Noncurrent** 

All real estate loans ������������������������������������������������� 6.00 2.65 2.75 3.66 7.33 3.78 8.63 6.47 7.0

Construction and development������������������������ 8.34 6.50 7.66 8.56 8.62 10.34 10.12 8.20 7.0

Nonfarm nonresidential������������������������������������ 2.85 3.37 2.71 2.91 2.86 2.98 2.97 3.07 2.9

Multifamily residential real estate �������������������� 1.56 3.03 2.12 1.77 1.36 1.07 2.60 1.71 1.4

Home equity loans�������������������������������������������� 2.88 1.19 1.27 1.46 3.12 1.65 3.51 3.21 3.2

Other 1-4 family residential������������������������������ 9.27 2.36 2.22 4.43 11.26 4.79 12.98 10.62 11.2

Commercial and industrial loans ���������������������������� 0.87 2.15 1.77 1.54 0.71 1.12 0.69 0.92 0.9

Loans to individuals������������������������������������������������� 1.16 0.95 0.92 0.96 1.18 1.22 1.05 1.08 1.4

Credit card loans ���������������������������������������������� 1.41 0.72 1.13 1.52 1.41 1.28 1.75 1.45 1.4

Other loans to individuals �������������������������������� 0.89 0.95 0.90 0.72 0.90 1.04 0.61 0.96 1.4

All other loans and leases (including farm) ������������ 0.35 0.44 0.55 0.46 0.33 0.19 0.23 0.19 0.6

Total loans and leases��������������������������������������������� 3.60 2.22 2.43 2.96 3.87 2.47 5.13 3.75 4.0

Percent of Loans Charged-off (net, YTD) 

All real estate loans ������������������������������������������������� 1.02 0.41 0.59 0.69 1.20 0.59 1.43 1.07 1.3

Construction and development������������������������ 1.77 1.37 1.75 2.06 1.65 1.61 2.81 1.82 1.3

Nonfarm nonresidential������������������������������������ 0.55 0.49 0.50 0.58 0.55 0.48 0.84 0.72 0.3

Multifamily residential real estate �������������������� 0.32 0.43 0.54 0.42 0.23 0.29 0.43 0.38 0.2

Home equity loans�������������������������������������������� 2.09 0.65 0.95 0.80 2.31 0.79 2.85 1.80 2.9

Other 1-4 family residential������������������������������ 1.00 0.34 0.46 0.57 1.17 0.55 1.15 1.04 1.5

Commercial and industrial loans ���������������������������� 0.51 0.66 0.88 0.65 0.46 0.76 0.46 0.35 0.5

Loans to individuals������������������������������������������������� 2.54 0.58 0.89 1.52 2.66 3.36 1.83 1.52 3.3

Credit card loans ���������������������������������������������� 3.95 1.59 4.12 3.54 3.96 4.03 3.32 3.60 4.6

Other loans to individuals �������������������������������� 1.02 0.57 0.68 0.69 1.07 1.40 0.95 0.84 1.4

All other loans and leases (including farm) ������������ 0.16 0.00 0.28 0.26 0.15 0.13 0.16 0.13 0.1

Total loans and leases��������������������������������������������� 1.10 0.42 0.63 0.73 1.23 1.27 1.19 0.85 1.3

Loans Outstanding (in billions) 

All real estate loans ������������������������������������������������� $4,094.7 $50.0 $616.0 $656.7 $2,772.0 $798.9 $953.4 $794.0 $830.0 $3

Construction and development������������������������ 203.9 2.9 49.8 49.8 101.4 37.0 50.7 32.4 31.

Nonfarm nonresidential������������������������������������ 1,072.6 14.5 244.5 266.3 547.3 243.5 222.6 186.8 162.5 

Multifamily residential real estate �������������������� 234.0 1.6 31.1 50.7 150.7 76.5 28.0 66.2 23.

Home equity loans�������������������������������������������� 554.5 1.4 29.8 46.3 476.9 92.8 148.4 142.4 121.

Other 1-4 family residential������������������������������ 1,895.6 22.1 222.7 228.8 1,421.9 345.4 494.9 348.6 408.2 

Commercial and industrial loans ���������������������������� 1,508.4 8.9 102.5 147.4 1,249.5 221.0 365.1 320.5 326.4 

Loans to individuals������������������������������������������������� 1,327.6 4.7 34.8 73.3 1,214.8 379.7 239.8 188.0 293.0

Credit card loans ���������������������������������������������� 696.1 0.0 2.3 22.0 671.8 282.7 92.2 46.2 169.

Other loans to individuals �������������������������������� 631.5 4.7 32.6 51.3 543.0 97.0 147.6 141.8 123.

All other loans and leases (including farm) ������������ 766.9 8.4 42.2 44.0 672.4 122.7 151.2 210.2 217.

Total loans and leases (plus unearned income)����� 7,697.7 72.0 795.6 921.4 5,908.7 1,522.3 1,709.5 1,512.6 1,666.9 

Memo: Other Real Estate Owned (in millions) 

All other real estate owned�������������������������������������� 38,512.7 1,071.2 10,684.0 8,418.4 18,339.0 4,341.5 10,584.3 8,811.7 7,253.3 4,87

Construction and development������������������������ 12,035.8 346.6 4,850.6 3,868.4 2,970.2 1,033.4 3,465.1 1,775.9 2,304.5 2,26

Nonfarm nonresidential������������������������������������ 8,903.6 372.0 3,403.2 2,482.8 2,645.6 1,173.9 1,927.4 1,869.1 1,669.1 1,

Multifamily residential real estate �������������������� 1,006.3 56.8 297.6 245.9 405.9 147.1 221.3 218.1 181.9 

1-4 family residential ���������������������������������������� 8,337.5 272.2 1,946.9 1,545.8 4,572.7 1,437.6 2,149.8 2,026.3 1,361.5 

Farmland����������������������������������������������������������� 418.0 23.5 181.4 158.9 54.1 33.0 90.5 95.8 63.1

GNMA properties���������������������������������������������� 7,735.9 0.1 4.3 116.6 7,614.9 515.4 2,730.1 2,826.6 1,599.

* See Table IV-A (page 9) for explanations

** Noncurrent loan rates represent the percentage of loans in each category that are past due 90 days or more or that are in nonaccrual status
FDIC Quarterly 12 2013, Volume 7, No. 1

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

Asset Size Distribution

(dollar figures in millions;

notional amounts unless otherwise indicated)

4th 

Quarter 

2012

3rd 

Quarter 

2012

2nd 

Quarter 

2012

1st 

Quarter 

2012

4th 

Quarter 

2011

%Change 

11Q4-12Q4

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 1,363 1,325 1,291 1,191 13.9 85 829 349 9

Total assets of institutions reporting derivatives ���������� $12,661,331 $12,419,508 $12,210,236 $12,089,660 $11,468,157 10.4 $6,051 $338,294 $1,029,414 $11,287,57

Total deposits of institutions reporting derivatives������� 9,382,303 9,073,946 8,883,142 8,806,365 8,298,869 13.1 5,048 278,685 816,886 8,281,68

Total derivatives������������������������������������������������������������� 224,080,412 229,317,618 225,007,676 230,639,676 232,052,902 -3.4 265 28,351 92,825 223,958,97

Derivative Contracts by Underlying Risk Exposure 

Interest rate�������������������������������������������������������������������� 178,936,711 181,463,170 178,823,851 183,994,884 187,866,351 -4.8 264 25,562 87,167 178,823,71

Foreign exchange*��������������������������������������������������������� 28,599,277 30,099,276 29,090,375 29,212,378 26,499,571 7.9 0 2,442 4,869 28,591,96

Equity ����������������������������������������������������������������������������� 1,952,110 2,175,538 1,977,189 1,900,387 1,597,348 22.2 0 65 441 1,951,60

Commodity & other (excluding credit derivatives)�������� 1,401,839 1,581,520 1,491,921 1,480,952 1,330,418 5.4 0 11 174 1,401,65

Credit������������������������������������������������������������������������������ 13,190,475 13,998,115 13,624,340 14,051,075 14,759,214 -10.6 0 271 174 13,190,03

Total�������������������������������������������������������������������������������� 224,080,412 229,317,618 225,007,676 230,639,676 232,052,902 -3.4 265 28,351 92,825 223,958,97

Derivative Contracts by Transaction Type 

Swaps ���������������������������������������������������������������������������� 134,937,969 135,584,498 134,469,546 138,658,393 146,265,646 -7.7 25 6,302 47,644 134,883,99

Futures & forwards �������������������������������������������������������� 43,442,502 44,034,211 40,616,228 40,647,060 37,468,815 15.9 112 12,247 25,753 43,404,39

Purchased options��������������������������������������������������������� 15,629,039 16,580,266 16,896,065 17,533,104 16,489,887 -5.2 19 668 3,924 15,624,42

Written options��������������������������������������������������������������� 15,953,586 16,802,639 16,707,754 17,226,248 16,006,112 -0.3 109 8,394 15,200 15,929,88

Total�������������������������������������������������������������������������������� 209,963,096 213,001,614 208,689,593 214,064,805 216,230,459 -2.9 265 27,611 92,521 209,842,69

Fair Value of Derivative Contracts 

Interest rate contracts���������������������������������������������������� 96,548 98,512 92,903 93,634 89,141 8.3 0 105 -122 96,56

Foreign exchange contracts������������������������������������������ -5,822 -13,618 -3,883 -3,875 25,705 N/M 0 0 -15 -5,807

Equity contracts������������������������������������������������������������� -2,029 -264 3,453 -281 1,657 N/M 0 1 7 -2,038

Commodity & other (excluding credit derivatives)�������� -2,473 -2,604 -1,719 -2,004 -1,559 N/M 0 0 2 -2,475

Credit derivatives as guarantor������������������������������������� -40,693 -84,508 -179,196 -127,599 -289,532 N/M 0 0 2 -40,694

Credit derivatives as beneficiary����������������������������������� 42,352 87,900 185,191 131,291 303,241 -86.0 0 0 -3 42,35

Derivative Contracts by Maturity** 

Interest rate contracts ����������������������������� < 1 year 83,071,608 84,181,331 82,514,198 85,888,701 87,811,972 -5.4 83 9,007 26,595 83,035,92

 ������������������������������������������ 1-5 years 30,508,427 30,961,931 30,337,272 31,691,226 32,750,418 -6.8 21 3,008 23,721 30,481,67

 ������������������������������������������ > 5 years 21,448,582 21,990,698 21,795,561 22,691,140 24,167,662 -11.3 30 3,274 16,707 21,428,57

Foreign exchange contracts ������������������� < 1 year 18,347,400 18,781,964 18,604,099 18,849,154 17,538,351 4.6 0 1,973 3,382 18,342,04

 ������������������������������������������ 1-5 years 2,868,426 2,894,870 2,926,354 3,017,933 3,088,258 -7.1 0 0 168 2,868,25

 ������������������������������������������ > 5 years 1,442,901 1,453,914 1,422,938 1,349,611 1,502,619 -4.0 0 0 467 1,442,43

Equity contracts��������������������������������������� < 1 year 627,310 638,274 597,782 539,407 426,621 47.0 0 9 69 627,23

 ������������������������������������������ 1-5 years 262,230 290,474 262,864 241,998 210,410 24.6 0 13 124 262,09

 ������������������������������������������ > 5 years 81,851 85,427 81,390 88,815 93,653 -12.6 0 2 13 81,83

Commodity & other contracts ����������������� < 1 year 391,077 460,082 442,492 481,515 375,875 4.0 0 5 78 390,99

 ������������������������������������������ 1-5 years 242,068 247,795 205,411 203,940 241,723 0.1 0 0 30 242,03

 ������������������������������������������ > 5 years 28,823 25,053 24,628 20,361 46,181 -37.6 0 0 0 28,82

Risk-Based Capital: Credit Equivalent Amount 

Total current exposure to tier 1 capital (%)������������������� 35.9 37.2 38.9 36.3 44.5 0.1 0.8

Total potential future exposure to tier 1 capital (%)������ 62.8 66.3 66.1 71.9 79.3 0.1 0.3

Total exposure (credit equivalent amount) 

to tier 1 capital (%)�������������������������������������������������� 98.7 103.6 105.1 108.2 123.8 0.1 1.1 

Credit losses on derivatives***���������������������������������� 269.0 157.0 131.0 76.0 1,833.0 -85.3 0.0 1.0 

HELD FOR TRADING 

Number of institutions reporting derivatives����������������� 248 248 234 225 200 24.0 13 99 77 5

Total assets of institutions reporting derivatives ���������� 10,123,439 9,955,535 9,802,679 9,708,761 9,516,809 6.4 969 44,556 280,267 9,797,64

Total deposits of institutions reporting derivatives������� 7,514,162 7,270,087 7,116,754 7,082,525 6,917,649 8.6 808 36,475 223,765 7,253,11

Derivative Contracts by Underlying Risk Exposure 

Interest rate�������������������������������������������������������������������� 175,185,528 177,552,762 174,789,131 179,990,552 183,942,553 -4.8 80 3,180 17,497 175,164,77

Foreign exchange���������������������������������������������������������� 26,891,282 26,859,757 25,617,989 25,880,306 24,778,742 8.5 0 0 2,452 26,888,83

Equity ����������������������������������������������������������������������������� 1,939,747 2,162,053 1,963,322 1,886,777 1,590,343 22.0 0 0 3 1,939,74

Commodity & other�������������������������������������������������������� 1,386,727 1,559,924 1,475,527 1,462,081 1,305,575 6.2 0 0 62 1,386,66

Total�������������������������������������������������������������������������������� 205,403,284 208,134,496 203,845,969 209,219,716 211,617,213 -2.9 81 3,180 20,014 205,380,01

Trading Revenues: Cash & Derivative Instruments 

Interest rate�������������������������������������������������������������������� 4,155 4,458 2,873 5,631 252 1,548.8 0 1 24 4,13

Foreign exchange���������������������������������������������������������� 759 890 2,131 1,504 2,229 -65.9 0 0 4 75

Equity ����������������������������������������������������������������������������� 136 637 1,010 257 -111 N/M 0 0 1 135

Commodity & other (including credit derivatives) �������� -683 -721 -4,024 -1,032 160 N/M 0 0 0 -683

Total trading revenues��������������������������������������������������� 4,367 5,264 1,990 6,360 2,529 72.7 0 1 29 4,33

Share of Revenue 

Trading revenues to gross revenues (%) ���������������������� 3.7 4.4 1.7 5.3 2.2 0.0 0.

Trading revenues to net operating revenues (%)���������� 19.9 23.1 10.5 31.9 17.4 0.0 1.5

HELD FOR PURPOSES OTHER THAN TRADING 

Number of institutions reporting derivatives����������������� 1,212 1,211 1,184 1,156 1,074 12.8 73 743 309 8

Total assets of institutions reporting derivatives ���������� 12,315,608 11,984,802 11,790,745 11,758,383 11,167,001 10.3 5,156 301,309 919,252 11,089,89

Total deposits of institutions reporting derivatives������� 9,109,279 8,727,796 8,547,877 8,549,960 8,065,831 12.9 4,306 248,196 727,088 8,129,68

Derivative Contracts by Underlying Risk 

Exposure 

Interest rate�������������������������������������������������������������������� 3,751,183 3,910,407 4,034,720 4,004,332 3,923,798 -4.4 184 22,382 69,670 3,658,94

Foreign exchange���������������������������������������������������������� 781,154 921,630 778,644 808,276 657,600 18.8 0 1,973 2,287 776,89

Equity ����������������������������������������������������������������������������� 12,363 13,485 13,866 13,610 7,005 76.5 0 65 438 11,86

Commodity & other�������������������������������������������������������� 15,112 21,596 16,394 18,871 24,842 -39.2 0 11 112 14,98

Total notional amount ���������������������������������������������������� 4,559,812 4,867,118 4,843,624 4,845,089 4,613,246 -1.2 184 24,431 72,507 4,462,68

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

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

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

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

in total assets
FDIC Quarterly 13 2013, Volume 7, No. 1

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)

4th 

Quarter

2012

3rd 

Quarter

2012

2nd 

Quarter

2012

1st 

Quarter 

2012

4th 

Quarter 

2011

% Change 

11Q4-

12Q4

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 ����������������������������������������� 170 172 173 176 139 22.3 24 85 27 3

Outstanding Principal Balance by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� $641,536 $754,555 $750,636 $741,903 $730,853 -12.2 $227 $3,394 $12,483 $625,43

Home equity loans��������������������������������������������������������������������������������������������� 49 51 52 54 0 0.0 0 1 0 4

Credit card receivables�������������������������������������������������������������������������������������� 18,942 18,423 17,227 18,691 11,818 60.3 0 370 0 18,57

Auto loans ���������������������������������������������������������������������������������������������������������� 4,684 4,307 4,520 2,822 946 395.1 0 0 0 4,68

Other consumer loans ��������������������������������������������������������������������������������������� 5,083 4,865 4,829 4,748 4,862 4.5 0 3 0 5,08

Commercial and industrial loans����������������������������������������������������������������������� 1,840 3,373 63 61 62 2,867.7 1 14 1 1,82

All other loans, leases, and other assets���������������������������������������������������������� 199,190 205,059 209,102 204,771 196,124 1.6 2 2,991 5,673 190,52

Total securitized and sold������������������������������������������������������������������������������������������ 871,324 990,634 986,429 973,049 944,665 -7.8 230 6,773 18,157 846,16

Maximum Credit Exposure by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� 3,375 3,582 3,692 3,797 3,895 -13.4 1 67 43 3,26

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

Credit card receivables�������������������������������������������������������������������������������������� 605 666 611 617 550 10.0 0 132 0 47

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

Other consumer loans ��������������������������������������������������������������������������������������� 200 206 209 205 208 -3.8 0 0 0 20

Commercial and industrial loans����������������������������������������������������������������������� 7 14 0 0 0 0.0 0 0 0 

All other loans, leases, and other assets���������������������������������������������������������� 2,280 2,189 2,302 3,015 1,309 74.2 0 4 0 2,27

Total credit exposure ������������������������������������������������������������������������������������������������� 6,467 6,658 6,816 7,636 5,964 8.4 1 203 43 6,22

Total unused liquidity commitments provided to institution's own securitizations ��� 130 125 127 121 121 7.4 0 9 0 12

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

1-4 family residential loans�������������������������������������������������������������������������������� 4.5 4.1 3.7 3.4 4.0 0.6 0.

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

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

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

Other consumer loans ��������������������������������������������������������������������������������������� 6.2 5.6 4.6 5.1 5.6 0.0 0.

Commercial and industrial loans����������������������������������������������������������������������� 0.0 0.0 4.2 0.5 0.5 0.0 0.

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

Total loans, leases, and other assets ����������������������������������������������������������������������� 3.6 3.4 3.2 2.8 3.3 0.6 0.

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

1-4 family residential loans�������������������������������������������������������������������������������� 5.0 4.8 5.5 5.6 6.4 0.1 0.

Home equity loans��������������������������������������������������������������������������������������������� 29.6 29.1 26.1 25.8 0.0 0.0 0.0

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

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

Other consumer loans ��������������������������������������������������������������������������������������� 6.9 5.6 5.0 5.5 6.2 0.0 0.

Commercial and industrial loans����������������������������������������������������������������������� 0.1 0.0 3.3 4.0 0.0 0.0 0.0

All other loans, leases, and other assets���������������������������������������������������������� 7.8 8.0 6.9 7.1 7.5 0.0 0.

Total loans, leases, and other assets ����������������������������������������������������������������������� 5.5 5.3 5.6 5.8 6.6 0.1 0.

Securitized Loans, Leases, and Other Assets Charged-off 

(net, YTD, annualized, %) 

1-4 family residential loans�������������������������������������������������������������������������������� 1.5 1.0 0.7 0.3 1.2 0.0 0.

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

Credit card receivables�������������������������������������������������������������������������������������� 2.5 2.0 1.5 4.9 5.3 0.0 7.

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

Other consumer loans ��������������������������������������������������������������������������������������� 1.0 0.8 0.5 0.3 1.2 0.0 0.

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

All other loans, leases, and other assets���������������������������������������������������������� 0.5 0.3 0.2 0.1 0.4 0.0 0.

Total loans, leases, and other assets ����������������������������������������������������������������������� 1.3 0.9 0.6 0.4 1.1 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�������������������������������������������������������������������������������������� 14,514 13,291 14,964 13,100 9,052 60.3 0 281 0 14,23

Commercial and industrial loans����������������������������������������������������������������������� 1 0 3 3 2 -50.0 1 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������������������������������������������������������������ 1,015 1,003 999 980 878 15.6 159 651 159 4

Outstanding Principal Balance by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� 52,085 55,441 57,552 55,128 52,708 -1.2 1,259 13,532 10,176 27,11

Home equity, credit card receivables, auto, and other consumer loans ��������� 857 863 883 895 913 -6.1 0 14 19 82

Commercial and industrial loans����������������������������������������������������������������������� 75 46 70 58 56 33.9 0 62 2 1

All other loans, leases, and other assets���������������������������������������������������������� 64,997 63,170 62,899 63,221 53,528 21.4 1 40 417 64,53

Total sold and not securitized������������������������������������������������������������������������������������ 118,015 119,521 121,404 119,302 107,205 10.1 1,260 13,649 10,614 92,49

Maximum Credit Exposure by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� 13,293 15,961 17,043 14,466 13,367 -0.6 117 3,322 4,654 5,19

Home equity, credit card receivables, auto, and other consumer loans ��������� 173 164 168 170 176 -1.7 0 14 5 15

Commercial and industrial loans����������������������������������������������������������������������� 41 38 40 41 39 5.1 0 35 2 

All other loans, leases, and other assets���������������������������������������������������������� 15,042 14,438 14,277 14,320 13,962 7.7 1 21 49 14,97

Total credit exposure ������������������������������������������������������������������������������������������������� 28,548 30,601 31,528 28,997 27,544 3.6 118 3,392 4,710 20,32

Support for Securitization Facilities Sponsored by Other Institutions 

Number of institutions reporting securitization facilities sponsored by others ������� 166 172 176 176 164 1.2 16 98 32 2

Total credit exposure ������������������������������������������������������������������������������������������������� 58,163 62,200 62,952 70,542 62,015 -6.2 15 225 396 57,52

Total unused liquidity commitments ������������������������������������������������������������������������� 779 776 1,275 621 567 37.4 0 0 0 77

Other

Assets serviced for others*��������������������������������������������������������������������������������������� 5,348,910 5,500,172 5,616,078 5,793,318 5,471,061 -2.2 6,093 125,932 202,772 5,014,11

Asset-backed commercial paper conduits 

Credit exposure to conduits sponsored by institutions and others������������������ 8,372 8,009 12,801 11,429 11,672 -28.3 5 1 2 8,36

Unused liquidity commitments to conduits sponsored by institutions 

 and others �������������������������������������������������������������������������������������������������� 68,619 70,886 73,694 76,121 81,848 -16.2 0 0 675 67,94

Net servicing income (for the quarter)���������������������������������������������������������������������� 4,506 2,802 1,986 4,713 3,407 32.3 47 165 119 4,17

Net securitization income (for the quarter)��������������������������������������������������������������� 430 509 246 277 237 81.4 0 27 15 38

Total credit exposure to Tier 1 capital (%)** ������������������������������������������������������������� 7.4 7.9 8.1 8.7 7.8 0.9 3.

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

**Total credit exposure includes the sum of the three line items titled “Total credit exposure” reported above
FDIC Quarterly 14 2013, Volume 7, No. 1

TABLE VIII-A. Trust Services (All FDIC-Insured Institutions)

All Insured Institutions Asset Size Distribution

(dollar figures in millions)

Dec 31

2012

Dec 31

2011

Dec 31

2010

Dec 31

2009

% Change 

2011-2012

Less 

Than $100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to 

$10 Billion

Greater 

Than 

$10 Billion

Number of institutions reporting������������������������������������������������ 7,083 7,357 7,658 8,012 -3.7 2,205 4,216 555 10

Number of institutions with fiduciary powers���������������������������� 2,036 2,103 2,182 2,243 -3.2 313 1,310 340 7

Commercial banks�������������������������������������������������������������� 1,890 1,945 2,011 2,063 -2.8 296 1,228 299 6

Savings institutions ������������������������������������������������������������ 146 158 171 180 -7.6 17 82 41 

Number of institutions exercising fiduciary powers������������������ 1,510 1,549 1,630 1,674 -2.5 188 970 287 6

Commercial banks�������������������������������������������������������������� 1,391 1,424 1,496 1,533 -2.3 171 908 252 6

Savings institutions ������������������������������������������������������������ 119 125 134 141 -4.8 17 62 35 

Number of institutions reporting fiduciary activity�������������������� 1,426 1,475 1,554 1,592 -3.3 174 916 273 6

Commercial banks�������������������������������������������������������������� 1,316 1,356 1,425 1,455 -2.9 157 858 243 5

Savings institutions ������������������������������������������������������������ 110 119 129 137 -7.6 17 58 30 

Fiduciary and related assets - managed assets 

Personal trust and agency accounts ���������������������������������������� 620,205 590,682 614,824 601,372 5.0 11,510 52,803 70,393 485,49

Noninterest-bearing deposits �������������������������������������������� 6,947 2,513 4,271 4,650 176.4 7 455 1,442 5,04

Interest-bearing deposits ��������������������������������������������������� 62,554 32,496 30,591 27,622 92.5 397 4,488 6,445 51,22

U.S. Treasury and U.S. Government agency obligations ��� 110,315 105,354 107,441 110,445 4.7 4,378 3,220 16,099 8

State, county and municipal obligations���������������������������� 188,351 190,756 189,357 191,336 -1.3 4,155 8,021 23,168 153,00

Money market mutual funds����������������������������������������������� 121,479 120,643 102,570 121,823 0.7 2,589 6,186 15,074 97,63

Other short-term obligations���������������������������������������������� 183,733 168,266 198,551 200,240 9.2 723 114 959 181,93

Other notes and bonds������������������������������������������������������� 237,930 250,377 370,489 372,639 -5.0 6,429 5,040 16,614 209,84

Common and preferred stocks ������������������������������������������ 2,177,810 1,914,337 1,927,789 1,784,530 13.8 63,652 125,193 146,919 1,842,04

Real estate mortgages������������������������������������������������������� 1,972 1,676 1,815 1,958 17.7 236 247 327 1,16

Real estate�������������������������������������������������������������������������� 46,634 42,402 41,327 41,832 10.0 787 6,136 5,727 33,98

Miscellaneous assets��������������������������������������������������������� 130,233 111,274 95,891 106,016 17.0 17,732 7,916 17,243 87,34

Employee benefit and retirement-related trust and 

agency accounts:

Employee benefit - defined contribution���������������������������� 391,341 350,146 354,421 327,903 11.8 52,334 43,131 11,794 284,08

Employee benefit - defined benefit������������������������������������ 533,883 509,157 590,723 591,455 4.9 1,880 7,058 20,692 504,25

Other employee benefit and retirement-related 

 accounts ���������������������������������������������������������������������� 233,192 226,779 213,680 180,406 2.8 2,652 17,963 24,038 188,53

Corporate trust and agency accounts��������������������������������������� 26,357 26,209 22,260 17,912 0.6 36 479 6,423 19,41

Investment management and investment advisory 

agency accounts ���������������������������������������������������������������� 1,171,919 1,008,694 1,079,983 1,085,581 16.2 30,658 40,199 95,984 1,005,07

Other fiduciary accounts ����������������������������������������������������������� 291,063 227,749 194,690 165,052 27.8 2,017 5,382 20,693 262,97

Total managed fiduciary accounts: 

Assets ��������������������������������������������������������������������������������� 3,267,959 2,939,417 3,070,581 2,969,681 11.2 101,086 167,014 250,017 2,749,84

Number of accounts ����������������������������������������������������������� 1,440,486 1,384,754 1,354,007 1,374,086 4.0 68,501 211,947 242,874 917,16

Fiduciary and related assets - nonmanaged assets 

Personal trust and agency accounts ���������������������������������������� 262,704 270,105 208,964 209,678 -2.7 5,551 14,323 29,917 212,91

Employee benefit and retirement-related trust and 

agency accounts: 

Employee benefit - defined contribution���������������������������� 2,570,832 2,244,273 2,045,498 1,891,174 14.6 926,179 15,543 81,255 1,547,85

Employee benefit - defined benefit������������������������������������ 3,504,701 3,921,237 3,504,698 3,473,077 -10.6 21,219 24,382 25,511 3,433,58

Other employee benefit and retirement-related accounts �� 2,301,554 1,815,819 1,796,502 1,556,635 26.8 805,083 21,778 141,313 1,333,37

Corporate trust and agency accounts��������������������������������������� 2,614,619 2,813,065 3,742,034 3,919,699 -7.1 1,040 11,236 420,525 2,181,81

Other fiduciary accounts ����������������������������������������������������������� 2,597,824 2,520,115 2,489,589 2,137,896 3.1 2,753 26,635 37,811 2,530,62

Total nonmanaged fiduciary accounts: 

Assets ��������������������������������������������������������������������������������� 13,852,233 13,584,613 13,787,285 13,188,159 2.0 1,761,825 113,898 736,331 11,240,17

Number of accounts ����������������������������������������������������������� 14,247,309 13,399,056 13,151,971 14,660,568 6.3 9,943,426 476,867 310,288 3,516,72

Custody and safekeeping accounts: 

Assets ��������������������������������������������������������������������������������� 76,649,009 74,108,449 70,211,027 58,841,934 3.4 241,962 912,335 605,563 74,889,14

Number of accounts ����������������������������������������������������������� 10,329,633 11,126,678 11,019,047 10,671,613 -7.2 5,230,601 2,718,090 489,591 1,891,35

Fiduciary and related services income 

Personal trust and agency accounts ���������������������������������������� 4,426 4,376 4,317 4,465 1.1 85 217 508 3,61

Retirement-related trust and agency accounts: 

Employee benefit - defined contribution���������������������������� 1,200 1,171 1,127 1,180 2.5 156 86 178 78

Employee benefit - defined benefit������������������������������������ 1,283 1,755 1,464 1,455 -26.9 26 38 68 1,15

Other employee benefit and retirement-related accounts �� 1,184 1,041 814 860 13.7 51 149 159 82

Corporate trust and agency accounts��������������������������������������� 1,305 1,636 1,728 2,080 -20.2 0 20 241 1,04

Investment management agency accounts������������������������������ 5,374 4,952 4,670 4,141 8.5 130 285 636 4,32

Other fiduciary accounts ����������������������������������������������������������� 1,217 1,640 1,851 1,656 -25.8 2 23 17 1,17

Custody and safekeeping accounts������������������������������������������ 11,302 9,348 8,533 7,339 20.9 60 262 468 10,51

Other fiduciary and related services income���������������������������� 1,392 2,137 2,078 2,315 -34.9 3 76 122 1,19

Total gross fiduciary and related services income������������������� 28,861 28,221 26,749 25,689 2.3 518 1,277 2,410 24,65

Less: Expenses ������������������������������������������������������������������ 27,983 25,126 20,072 19,256 11.4 367 883 1,959 24,77

Less: Net losses from fiduciary and related services ������� 274 206 244 572 33.0 1 2 8 26

Plus: Intracompany income credits for fiduciary and 

 related services����������������������������������������������������������� 6,004 5,375 2,987 2,770 11.7 0 20 257 5,72

Net fiduciary and related services income ������������������������������� 6,351 8,098 9,250 8,433 -21.6 77 286 681 5,30

Collective investment funds and common trust funds 

(market value) 

Domestic equity funds�������������������������������������������������������� 299,291 274,259 291,568 260,241 9.1 9,515 1,137 8,363 280,27

International/global equity funds ��������������������������������������� 147,535 123,322 131,932 112,941 19.6 1,160 903 5,300 140,17

Stock/bond blend funds ����������������������������������������������������� 114,754 99,901 94,639 88,898 14.9 2,801 209 2,419 109,32

Taxable bond funds������������������������������������������������������������ 183,239 212,230 217,257 189,969 -13.7 1,848 51,274 3,229 126,88

Municipal bond funds ��������������������������������������������������������� 5,649 5,981 6,151 7,098 -5.6 50 391 345 4,86

Short-term investments/money market funds ������������������� 163,669 204,104 213,866 251,618 -19.8 822 6,355 55 156,43

Specialty/other funds ��������������������������������������������������������� 80,365 81,065 69,350 75,351 -0.9 30,182 3,061 5,797 41,32

Total collective investment funds���������������������������������������������� 994,502 1,000,862 1,024,763 986,117 -0.6 46,378 63,330 25,509 859,28
FDIC Q UARTERLY 15 2013, V OLUME 7, N O . 1

Quarterly Banking Prole

Total assets of the 7,083 FDIC-insured institutions 

increased by 1.6 percent ($227.8 billion) during the 

fourth quarter of 2012.

1 Total deposits increased by 3.0 

percent ($313.1 billion), domestic ofce deposits 

increased by 4.3 percent ($386.8 billion), and foreign 

ofce deposits decreased by 5.1 percent ($73.7 billion). 

Domestic noninterest-bearing deposits increased by 6.2 

percent ($149.1 billion) and savings deposits and interest bearing checking accounts increased by 5.5 percent 

($270.3 billion), while domestic time deposits decreased 

by 1.9 percent ($32.6 billion). For all of 2012, total 

domestic deposits grew by 7.9 percent ($689.1 billion), 

with interest-bearing deposits increasing by 6.4 percent 

($414.3 billion) and noninterest-bearing deposits rising 

by 12.1 percent ($274.8 billion). Foreign deposits fell by 

4.1 percent, other borrowed money decreased by 7.8 

percent, and securities sold under agreements to repurchase declined by 8.9 percent over the same twelvemonth period.

2

At the end of the fourth quarter, domestic deposits 

funded 65.4 percent of industry assets, the largest share 

since the rst quarter of 1994, when the share was also 

65.4 percent. Insured institutions had $2.5 trillion in 

domestic noninterest-bearing deposits on December 31, 

2012, 69 percent of which ($1.8 trillion) was in noninterest-bearing transaction accounts larger than $250,000. 

Of this total, $1.5 trillion exceeded the basic coverage 

limit of $250,000 per account, but was fully insured until 

the end of 2012.

3 Deposits receiving the temporary 

coverage funded 5.0 percent of assets at banks with less 

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

1 Throughout the insurance fund discussion, FDIC-insured institutions 

include insured commercial banks and savings associations and, 

except where noted, exclude insured branches of foreign banks. 2 Other borrowed money includes FHLB advances, term federal funds, 

mortgage indebtedness, and other borrowings. 3 The Dodd-Frank Wall Street Reform and Consumer Protection Act 

(Dodd-Frank), enacted on July 21, 2010, 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, includ -

ing 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.

amount receiving temporary coverage increased by 3.3 

percent ($49.5 billion) during the fourth quarter, and 

increased by 10.5 percent ($146.1 billion) for all of 

2012. Table 1 shows the distribution of accounts receiving unlimited coverage on noninterest-bearing transaction accounts by institution asset size.

Total estimated insured deposits increased by 2.2 percent 

in the quarter ending December 31, and rose by a total 

of 6.1 percent for all of 2012.

4 For institutions existing at 

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

deposits increased during the quarter at 4,541 institutions (64 percent), decreased at 2,508 institutions (35 

percent), and remained unchanged at 30 institutions.

The Deposit Insurance Fund (DIF) increased by 

Assessment income of $2.9 billion, a negative provision 

for insurance losses of $3.3 billion, and $1.8 billion 

previously set aside for debt guarantees under the 

FDIC’s Temporary Liquidity Guarantee Program were 

the main drivers of growth. Interest revenue and other 

miscellaneous income added another $126 million to 

the fund. Unrealized losses on available-for-sale securities and operating expenses subtracted $491 million 

from the fund. For all of 2012, 51 insured institutions 

with combined assets of $11.6 billion failed, down from 

92 failures with combined assets of $34.9 billion in 

2011. The DIF’s reserve ratio was 0.45 percent on 

December 31, up from 0.35 percent at September 30, 

2012, and 0.17 at the end of 2011. December 31 was 

the last day for which the Dodd-Frank Act provided 

temporary full insurance on balances exceeding 

$250,000 held in noninterest-bearing transaction 

accounts. Based on year-end 2012 deposit levels, the 

expiration of the temporary insurance will increase the 

reserve ratio by about 11 basis points.

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 bank -

er’s banks and custodial banks, as permitted under Dodd-Frank.

■ Insured Deposits Grow by 2.2 Percent

■ DIF Reserve Ratio Rises 10 Basis Points to 0.45 Percent

■ 8 Institutions Fail During Fourth Quarter

■ $1.5 Trillion Temporarily Insured in Noninterest-Bearing Transaction 

Accounts on Last Day of Dodd-Frank Program

INSURANCE FUND INDICATORS
FDIC Quarterly 16 2013, Volume 7, No. 1

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 December 31, by 

institution asset size category.

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

FDIC must make available to the public the DIF reserve 

ratio and the Designated Reserve Ratio (DRR) using 

both estimated insured deposits and the new assessment 

base. As of December 31, 2012, the DIF reserve ratio 

would have been 0.27 percent using the new assessment 

base (compared to 0.45 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 December 31, 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 6,421 $1,403.3 $83.8 $55.2 $731 18 $126.0

$1 - $10 Billion 555 1,454.6 118.4 87.4 956 223 100.0

$10 - $50 Billion 71 1,437.8 117.5 95.5 1,335 1,240 97.0

$50 - $100 Billion 17 1,323.1 157.6 139.5 2,179 4,255 56.6

Over $100 Billion 19 8,831.8 1,275.5 1,164.0 2,859 23,485 407.6

Total 7,083 14,450.7 1,752.8 1,541.6 2,074 119 787.2

September 30, 2012 7,181 14,222.9 1,693.9 1,492.0 2,098 112 697.1

June 30, 2012 7,245 14,030.8 1,567.6 1,374.9 2,034 106 730.0

March 31, 2012 7,308 13,925.6 1,496.7 1,310.1 2,005 102 735.5

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

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

June 30, 2011 7,513 13,602.6 1,207.1 1,040.9 1,815 89 705.3

March 31, 2011 7,574 13,414.3 1,047.1 888.8 1,653 84 699.9

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

* 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 December 31, 2012

Asset Size

Number of 

Institutions

Percent of 

Total Institutions

Assessment Base** 

($ Bil.)

Percent of 

Base

Less than $1 Billion 6,421 90.7% $1,241.9 10.0%

$1 - $10 Billion 555 7.8% 1,288.2 10.4%

$10 - $50 Billion 71 1.0% 1,257.3 10.1%

$50 - $100 Billion 17 0.2% 1,091.3 8.8%

Over $100 Billion 19 0.3% 7,519.4 60.6%

Total 7,083 100.0% 12,398.2 100.0%

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

** Average consolidated total assets minus average tangible equity, with adjustments for banker’s banks and custodial banks.
FDIC Quarterly 17 2013, Volume 7, No. 1

Quarterly Banking Profile

DIF Reserve Ratios

Percent of Insured Deposits

0.06

0.12

0.17

0.22

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

0.32 0.35

0.45

12/09 6/10 12/10 6/11 12/11 6/12 12/12

Table I-B. Insurance Fund Balances and Selected Indicators

(dollar figures in millions)

Deposit Insurance Fund*

4th 

Quarter 

2012

3rd 

Quarter 

2012

2nd 

Quarter 

2012

1st 

Quarter 

2012

4th 

Quarter 

2011

3rd 

Quarter 

2011

2nd 

Quarter 

2011

1st 

Quarter 

2011

4th 

Quarter 

2010

3rd 

Quarter 

2010

2nd 

Quarter 

2010

1st 

Quarter 

2010

4th 

Quarter 

2009

Beginning 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

Changes in Fund Balance:

Assessments earned .............. 2,937 2,833 2,933 3,694 3,209 3,642 3,163 3,484 3,498 3,592 3,242 3,278 3,042

Interest earned on 

investment securities ...... 66 -8 81 20 33 30 37 28 39 40 64 62 76

Realized gain on sale of

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

Operating expenses ............... 469 442 407 460 334 433 463 395 452 414 382 345 379

Provision for insurance 

losses ............................... -3,344 -84 -807 12 1,533 -763 -2,095 -3,089 2,446 -3,763 -2,552 3,021 17,766

All other income, 

net of expenses ............... 1,878 57 4,095 63 2,599 83 80 66 48 94 55 22 2,721

Unrealized gain/(loss) on 

available-for-sale 

securities ......................... -22 7 -108 160 40 -188 27 57 -30 163 -61 149 -313

Total fund balance change ..... 7,734 2,531 7,401 3,465 4,014 3,897 4,939 6,329 657 7,238 5,470 145 -12,619

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

Percent change from 

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

Reserve Ratio (%) ................. 0.45 0.35 0.32 0.22 0.17 0.12 0.06 -0.02 -0.12 -0.15 -0.2

Estimated Insured 

Deposits** .............................. 7,405,891 7,249,750 7,083,043 7,032,001 6,978,956 6,764,086 6,531,789 6,384,477 6,306,233 5,421,425 5,437,417 5,472,402 5,407,773

Percent change from 

four quarters earlier ......... 6.12 7.18 8.44 10.14 10.67 24.77 20.13 16.67 16.61 1.98 12.8

Domestic Deposits ............... 9,474,596 9,084,816 8,937,751 8,848,750 8,782,169 8,526,713 8,244,900 8,006,898 7,887,733 7,753,409 7,681,284 7,702,451 7,705,354

Percent change from 

four quarters earlier ......... 7.88 6.55 8.40 10.51 11.34 9.97 7.34 3.95 2.37 2.54 1

Number of institutions 

reporting ......................... 7,092 7,190 7,254 7,317 7,366 7,446 7,522 7,583 7,667 7,770 7,839 7,943 8,021

Deposit Insurance Fund Balance 

and Insured Deposits

($ Millions)

DIF 

Balance

DIF-Insured 

Deposits

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 6,306,233

3/11 -1,023 6,384,477

6/11 3,916 6,531,789

9/11 7,813 6,764,086

12/11 11,827 6,978,956

3/12 15,292 7,032,001

6/12 22,693 7,083,043

9/12 25,224 7,249,750

12/12 32,958 7,405,891

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

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

Problem Institutions

Number of institutions ������������������������������������������������������������ 651 813 884 702 252 76

Total assets����������������������������������������������������������������������������� $232,701 $319,432 $390,017 $402,782 $159,405 $22,189

Failed Institutions

Number of institutions ������������������������������������������������������������ 51 92 157 140 25 3

Total assets����������������������������������������������������������������������������� $11,617 $34,923 $92,085 $169,709 $371,945 $2,615

Assisted Institutions***

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

Total assets����������������������������������������������������������������������������� $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

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

received assistance in 2009
FDIC Quarterly 18 2013, Volume 7, No. 1

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

(dollar figures in millions) 

December 31, 2012

Number of 

Institutions

Total 

Assets

Domestic 

Deposits*

Est. Insured 

Deposits

Commercial Banks and Savings Institutions

FDIC-Insured Commercial Banks ����������������������������������������������� 6,096 $13,390,970 $8,643,936 $6,681,641

 FDIC-Supervised ������������������������������������������������������������������� 4,020 2,122,451 1,646,668 1,319,334 

 OCC-Supervised�������������������������������������������������������������������� 1,233 9,263,793 5,687,491 4,370,042 

 Federal Reserve-Supervised������������������������������������������������� 843 2,004,726 1,309,777 992,265 

FDIC-Insured Savings Institutions ���������������������������������������������� 987 1,059,701 803,062 700,257 

 OCC-Supervised Savings Institutions ����������������������������������� 547 719,519 545,076 475,666 

 FDIC-Supervised Savings Institutions����������������������������������� 440 340,182 257,986 224,591 

Total Commercial Banks and Savings Institutions ���������������������� 7,083 14,450,671 9,446,998 7,381,898

Other FDIC-Insured Institutions

U.S. Branches of Foreign Banks ������������������������������������������������� 9 60,488 27,598 23,9

Total FDIC-Insured Institutions���������������������������������������������������� . 7,092 14,511,159 9,474,596 7,405,8

* 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 September 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 1,288 17.91$  888 

5.01-7.50 2,393 33.28 2,521 2

7.51-10.00 1,749 24.33 4,508 3

10.01-15.00 1,014 14.10 3,774 3

15.01-20.00 49 0.68 210 

 20.01-25.00 563 7.83 188 

 25.01-30.00 11 0.15 91 

 30.01-35.00 113 1.57 68 

greater than 35.00 10 0.14 29 0

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

required by the Dodd-Frank Act
FDIC Quarterly 19 2013, Volume 7, No. 1

Quarterly Banking Profile

Notes to Users

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

Insurance Corporation (FDIC). These notes are an integral 

part of this publication and provide information regarding 

the comparability of source data and reporting differences 

over time.

Tables I-A through VIII-A.

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

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

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

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

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

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

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

selected indicators, including aggregate condition and income 

data, performance ratios, condition ratios, and structural 

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

Tables I-B through IV-B.

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

comparative quarterly data related to the Deposit Insurance 

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

estimated FDIC-insured deposits, as well as assessment rate 

information. Depository institutions that are not insured by 

the FDIC through the DIF are not included in the FDIC 

Quarterly Banking Profile. U.S. branches of institutions 

headquartered in foreign countries and non-deposit trust 

companies are not included unless otherwise indicated. 

Efforts are made to obtain financial reports for all active 

institutions. However, in some cases, final financial reports 

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

DATA SOURCES

The financial information appearing in this publication is 

obtained primarily from the Federal Financial Institutions 

Examination Council (FFIEC) Consolidated Reports of 

Condition and Income (Call Reports) and the OTS Thrift 

Financial Reports submitted by all FDIC-insured depository 

institutions. (TFR filers began filing Call Reports effective 

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

stored on and retrieved from the FDIC’s Research 

Information System (RIS) database.

COMPUTATION METHODOLOGY

Parent institutions are required to file consolidated reports, 

while their subsidiary financial institutions are still required 

to file separate reports. Data from subsidiary institution 

reports are included in the Quarterly Banking Profile tables, 

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

for any double-counting of subsidiary data. Additionally, 

certain adjustments are made to the OTS Thrift Financial 

Reports to provide closer conformance with the reporting and 

accounting requirements of the FFIEC Call Reports. (TFR 

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

All asset and liability figures used in calculating performance 

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

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

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

includes the results of all merged institutions. No adjustments 

are made for “purchase accounting” mergers. Growth rates 

represent the percentage change over a 12-month period in 

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

All data are collected and presented based on the location of 

each reporting institution’s main office. Reported data may 

include assets and liabilities located outside of the reporting 

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

across state lines or change their charters, resulting in an 

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

can move their home offices between regions, and savings 

institutions can convert to commercial banks or commercial 

banks may convert to savings institutions.

ACCOUNTING CHANGES

Indemnification Assets and Accounting Standards Update No. 2012-

06 – In October 2012, the FASB issued Accounting Standards 

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

Indemnification Asset Recognized at the Acquisition Date as 

a Result of a Government-Assisted Acquisition of a Financial 

Institution,” to address the subsequent measurement of an 

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

This ASU amends ASC Topic 805, Business Combinations 

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

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

Under the ASU, when an institution experiences a change in 

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

flows expected to be collected on the assets covered by the 

loss-sharing agreement, the institution should account for the 

change in the measurement of the indemnification asset on 

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

indemnification asset should be limited to the lesser of the 

term of the indemnification agreement and the remaining life 

of the indemnified assets.

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

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

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

The ASU’s provisions should be applied prospectively to any 

new indemnification assets acquired after the date of adoption 

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

institution. Institutions with indemnification assets arising 

from FDIC loss-sharing agreements are expected to adopt ASU 

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

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

FASB/Page/SectionPage&cid=1176156316498.
FDIC Quarterly 20 2013, Volume 7, No. 1

ed accounting principles, institutions may not record the 

effect of this tax change in their balance sheets and income 

statements for financial and regulatory reporting purposes 

until the period in which the law was enacted, i.e., the first 

quarter of 2009.

Troubled Debt Restructurings and Current Market Interest Rates – 

Many institutions are restructuring or modifying the terms of 

loans to provide payment relief for those borrowers who have 

suffered deterioration in their financial condition. Such loan 

restructurings may include, but are not limited to, reductions 

in principal or accrued interest, reductions in interest rates, 

and extensions of the maturity date. Modifications may be 

executed at the original contractual interest rate on the loan, 

a current market interest rate, or a below-market interest rate. 

Many of these loan modifications meet the definition of a 

troubled debt restructuring (TDR).

The TDR accounting and reporting standards are set forth in 

ASC Subtopic 310-40, Receivables – Troubled Debt 

Restructurings by Creditors (formerly FASB Statement No. 

15, “Accounting by Debtors and Creditors for Troubled Debt 

Restructurings,” as amended). This guidance specifies that a 

restructuring of a debt constitutes a TDR if, at the date of 

restructuring, the creditor for economic or legal reasons related to a debtor’s financial difficulties grants a concession to 

the debtor that it would not otherwise consider.

In the Call Report, until a loan that is a TDR is paid in full or 

otherwise settled, sold, or charged off, it must be reported in 

the appropriate loan category, as well as identified as a performing TDR loan, if it is in compliance with its modified 

terms. If a TDR is not in compliance with its modified terms, 

it is reported as a past-due and nonaccrual loan in the appropriate loan category, as well as distinguished from other past 

due and nonaccrual loans. To be considered in compliance 

with its modified terms, a loan that is a TDR must not be in 

nonaccrual status and must be current or less than 30 days past 

due on its contractual principal and interest payments under 

the modified repayment terms. A loan restructured in a TDR 

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

impairment in accordance with ASC Subtopic 310-10, 

Receivables – Overall (formerly FASB Statement No. 114, 

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

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

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

may be aggregated and measured for impairment with other 

impaired loans that share common risk characteristics by using 

historical statistics, such as average recovery period and 

average amount recovered, along with a composite effective 

interest rate. The outcome of such an aggregation approach 

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

instructions for loans that are “individually” considered 

impaired instead of the measurement method prescribed in 

ASC Subtopic 450-20, Contingencies – Loss Contingencies 

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

are collectively evaluated for impairment. When a loan not 

previously considered individually impaired is restructured and 

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

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

methods prescribed in ASC Subtopic 310-10.

Goodwill Impairment Testing – In September 2011, the FASB 

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

“Testing Goodwill for Impairment,” to address concerns about 

the cost and complexity of the existing goodwill impairment 

test in ASC Topic 350, Intangibles-Goodwill and Other 

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

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

Topic 350 are effective for annual and interim goodwill 

impairment tests performed for fiscal years beginning after 

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

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

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

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

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

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

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

amount (including goodwill), then the institution does not 

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

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

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

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

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

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

choose to bypass the qualitative assessment for any reporting 

unit in any period and proceed directly to performing the first 

step of the two-step goodwill impairment test.

Extended Net Operating Loss Carryback Period – The Worker, 

Homeownership, and Business Assistance Act of 2009, which 

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

businesses, excluding those banking organizations that 

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

Asset Relief Program, to elect a net operating loss carryback 

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

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

For calendar-year banks, this extended carryback period 

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

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

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

other carryback years.

Under generally accepted accounting principles, banks may 

not record the effects of this tax change in their balance 

sheets and income statements for financial and regulatory 

reporting purposes until the period in which the law was 

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

should recognize the effects of this fourth quarter 2009 tax 

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

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

amend their Call Reports for prior quarters for the effects of 

the extended net operating loss carryback period.

The American Recovery and Reinvestment Act of 2009, 

which was enacted on February 17, 2009, permits qualifying 

small businesses, including FDIC-insured institutions, to elect 

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

years instead of the usual carryback period of two years for 

any tax year ending in 2008 or, at the small business’s election, any tax year beginning in 2008. Under generally accept-
FDIC Quarterly 21 2013, Volume 7, No. 1

Quarterly Banking Profile

ASC Topic 805 (formerly Business Combinations and Noncontrolling 

(Minority) Interests) – In December 2007, the FASB issued 

Statement No. 141 (Revised), Business Combinations FAS 

141(R)), and Statement No. 160, Noncontrolling Interests in 

Consolidated Financial Statements (FAS 160). Under FAS 

141(R), all business combinations, including combinations of 

mutual entities, are to be accounted for by applying the acquisition method. FAS 160 defines a noncontrolling interest, also 

called a minority interest, as the portion of equity in an institution’s subsidiary not attributable, directly or indirectly, to the 

parent institution. FAS 160 requires an institution to clearly 

present in its consolidated financial statements the equity 

ownership in and results of its subsidiaries that are attributable 

to the noncontrolling ownership interests in these subsidiaries. 

FAS 141(R) applies prospectively to business combinations for 

which the acquisition date is on or after the beginning of the 

first annual reporting period beginning on or after December 

15, 2008. Similarly, FAS 160 is effective for fiscal years beginning on or after December 15, 2008. Thus, for institutions 

with calendar-year fiscal years, these two accounting standards 

take effect in 2009. Beginning in March 2009, Institution 

equity capital and Noncontrolling interests are separately 

reported in arriving at Total equity capital and Net income.

ASC Topic 820 (formerly FASB Statement No. 157 Fair Value 

Measurements issued in September 2006) and ASC Topic 825 

(formerly FASB Statement No. 159 The Fair Value Option for 

Financial Assets and Financial Liabilities) issued in February 2007 – 

both are effective in 2008 with early adoption permitted in 

2007. FAS 157 defines fair value and establishes a framework 

for developing fair value estimates for the fair value measurements that are already required or permitted under other standards. FASB FSP 157-4, issued in April 2009, provides 

additional guidance for estimating fair value in accordance 

with FAS 157 when the volume and level of activity for the 

asset or liability have significantly decreased. The FSP also 

includes guidance on identifying circumstances that indicate a 

transaction is not orderly. The FSP is effective for interim and 

annual reporting periods ending after June 15, 2009, with early 

adoption permitted for periods ending after March 15, 2009.

Fair value continues to be used for derivatives, trading securities, and available-for-sale securities. Changes in fair value go 

through earnings for trading securities and most derivatives. 

Changes in the fair value of available-for-sale securities are 

reported in other comprehensive income. Available-for-sale 

securities and held-to-maturity debt securities are written down 

to fair value if impairment is other than temporary and loans 

held for sale are reported at the lower of cost or fair value.

FAS 159 allows institutions to report certain financial assets 

and liabilities at fair value with subsequent changes in fair 

value included in earnings. In general, an institution may 

elect the fair value option for an eligible financial asset or 

liability when it first recognizes the instrument on its balance 

sheet or enters into an eligible firm commitment.

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

Accounting for Defined Benefit Pension and Other Postretirement 

Plans) – refer to previously published Quarterly Banking Profile

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

ASC Topic 860 (formerly FASB Statement No. 156 Accounting for 

Servicing of Financial Assets) – refer to previously published 

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

qbp/2011mar/qbpnot.html.

Troubled Debt Restructurings and Accounting Standards Update 

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

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

Determination of Whether a Restructuring Is a Troubled 

Debt Restructuring,” to provide additional guidance to help 

creditors determine whether a concession has been granted to 

a borrower and whether a borrower is experiencing financial 

difficulties. The guidance is also intended to reduce diversity 

in practice in identifying and reporting TDRs. This ASU was 

effective for public companies for interim and annual periods 

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

applied retrospectively to the beginning of the annual period 

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

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

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

takes effect July 1, 2011, but retrospective application begins 

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

new guidance for annual periods ending after December 15, 

2012, including interim periods within those annual periods. 

(For most nonpublic institutions, the ASU took effect 

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

for both public and nonpublic entities. Nonpublic entities 

that adopt early are subject to a retrospective identification 

requirement. For additional information, institutions should 

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

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

Accounting for Loan Participations – Amended ASC Topic 860 

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

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

loan participation, to qualify for sale accounting. These 

changes apply to transfers of loan participations on or after 

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

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

advances under lines of credit that are transferred on or after 

the effective date of amended ASC Topic 860 even if the line 

of credit agreements were entered into before this effective 

date. Therefore, banks with a calendar-year fiscal year must 

account for transfers of loan participations on or after January 

1, 2010, in accordance with amended ASC Topic 860. In 

general, loan participations transferred before the effective 

date of amended ASC Topic 860 are not affected by this new 

accounting standard.

Under amended ASC Topic 860, if a transfer of a portion of 

an entire financial asset meets the definition of a “participating interest,” then the transferor (normally the lead lender) 

must evaluate whether the transfer meets all of the conditions 

in this accounting standard to qualify for sale accounting.

Other-Than-Temporary Impairment – When the fair value of an 

investment in an individual available-for-sale or held-tomaturity security is less than its cost basis, the impairment is 

either temporary or other-than-temporary. The amount of the 

total other-than-temporary impairment related to credit loss 

must be recognized in earnings, but the amount of total 

impairment related to other factors must be recognized in 

other comprehensive income, net of applicable taxes. To 

determine whether the impairment is other-than-temporary, 

an institution must apply the applicable accounting guidance 

– refer to previously published Quarterly Banking Profile notes: 

http://www2.fdic.gov/qbp/2011mar/qbpnot.html.
FDIC Quarterly 22 2013, Volume 7, No. 1

ASC Topic 740 (formerly FASB Interpretation No. 48 on Uncertain 

Tax Positions) – refer to previously published Quarterly Banking 

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

ASC Topic 718 (formerly FASB Statement No. 123 (Revised 2004) 

and Share-Based Payments – refer to previously published 

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

qbp/2008dec/qbpnot.html.

ASC Topic 815 (formerly FASB Statement No. 133 Accounting for 

Derivative Instruments and Hedging Activities) – refer to previously published Quarterly Banking Profile notes: http://www2.

fdic.gov/qbp/2008dec/qbpnot.html.

Accounting Standards Codification – refer to previously published 

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

qbp/2011sep/qbpnot.html.

DEFINITIONS (in alphabetical order)

All other assets – total cash, balances due from depository 

institutions, premises, fixed assets, direct investments in real 

estate, investment in unconsolidated subsidiaries, customers’ 

liability on acceptances outstanding, assets held in trading 

accounts, federal funds sold, securities purchased with agreements to resell, fair market value of derivatives, prepaid 

deposit insurance assessments, and other assets.

All other liabilities – bank’s liability on acceptances, limited-life 

preferred stock, allowance for estimated off-balance-sheet credit losses, fair market value of derivatives, and other liabilities.

Assessment base – effective April 1, 2011, the deposit insurance assessment base has changed to “average consolidated 

total assets minus average tangible equity” with an additional 

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

assessment base was “assessable deposits” and consisted of DIF 

deposits (deposits insured by the FDIC Deposit Insurance 

Fund) in banks’ domestic offices with certain adjustments.

Assets securitized and sold – total outstanding principal balance 

of assets securitized and sold with servicing retained or other 

seller- provided credit enhancements.

Capital Purchase Program (CPP) – as announced in October 

2008 under the TARP, the Treasury Department purchase of 

noncumulative perpetual preferred stock and related warrants 

that is treated as Tier 1 capital for regulatory capital purposes 

is included in “Total equity capital.” Such warrants to purchase common stock or noncumulative preferred stock issued 

by publicly-traded banks are reflected as well in “Surplus.” 

Warrants to purchase common stock or noncumulative preferred stock of not-publicly-traded bank stock classified in a 

bank’s balance sheet as “Other liabilities.”

Construction and development loans – includes loans for all 

property types under construction, as well as loans for land 

acquisition and development.

Core capital – common equity capital plus noncumulative perpetual preferred stock plus minority interest in consolidated 

subsidiaries, less goodwill and other ineligible intangible 

assets. The amount of eligible intangibles (including servicing 

rights) included in core capital is limited in accordance with 

supervisory capital regulations.

Cost of funding earning assets – total interest expense paid on 

deposits and other borrowed money as a percentage of average 

earning assets.

ASC Topic 815 (formerly FASB Statement No. 155 Accounting for 

Certain Hybrid Financial Instruments) – refer to previously published Quarterly Banking Profile notes: http://www2.fdic.gov/

qbp/2011mar/qbpnot.html.

GNMA Buy-back Option – If an issuer of GNMA securities has 

the option to buy back the loans that collateralize the 

GNMA securities, when certain delinquency criteria are met, 

ASC Topic 860 (formerly FASB Statement No. 140) requires 

that loans with this buy-back option must be brought back on 

the issuer’s books as assets. The rebooking of GNMA loans is 

required regardless of whether the issuer intends to exercise 

the buy-back option. The banking agencies clarified in May 

2005 that all GNMA loans that are rebooked because of 

delinquency should be reported as past due according to their 

contractual terms.

ASC Topics 860 & 810 (formerly FASB Statements 166 & 167) – 

In June 2009, the FASB issued Statement No. 166, 

Accounting for Transfers of Financial Assets (FAS 166), and 

Statement No. 167, Amendments to FASB Interpretation 

No. 46(R) (FAS 167), which change the way entities account 

for securitizations and special purpose entities. FAS 166 

revised FASB Statement No. 140, Accounting for Transfers 

and Servicing of Financial Assets and Extinguishments of 

Liabilities, by eliminating the concept of a “qualifying specialpurpose entity,” creating the concept of a “participating interest,” changing the requirements for derecognizing financial 

assets, and requiring additional disclosures. FAS 167 revised 

FASB Interpretation No. 46(R), Consolidation of Variable 

Interest Entities, by changing how a bank or other company 

determines when an entity that is insufficiently capitalized or 

is not controlled through voting or similar rights, i.e., a “variable interest entity” (VIE), should be consolidated. Under 

FAS 167, a bank must perform a qualitative assessment to 

determine whether its variable interest or interests give it a 

controlling financial interest in a VIE. If a bank’s variable 

interest or interests provide it with the power to direct the 

most significant activities of the VIE, and the right to receive 

benefits or the obligation to absorb losses that could potentially be significant to the VIE, the bank is the primary beneficiary of, and therefore must consolidate, the VIE.

Both FAS 166 and FAS 167 take effect as of the beginning of 

each bank’s first annual reporting period that begins after 

November 15, 2009, for interim periods therein, and for interim and annual reporting periods thereafter (i.e., as of January 

1, 2010, for banks with a calendar year fiscal year). Earlier 

application is prohibited. Banks are expected to adopt FAS 

166 and FAS 167 for Call Report purposes in accordance with 

the effective date of these two standards. Also, FAS 166 has 

modified the criteria that must be met in order for a transfer of 

a portion of a financial asset, such as a loan participation, to 

qualify for sale accounting. These changes apply to transfers of 

loan participations on or after the effective date of FAS 166. 

Therefore, banks with a calendar year fiscal year must account 

for transfers of loan participations on or after January 1, 2010, 

in accordance with FAS 166. In general, loan participations 

transferred before the effective date of FAS 166 (January 1, 

2010, for calendar year banks) are not affected by this new 

accounting standard and pre-FAS 166 participations that were 

properly accounted for as sales under FASB Statement No. 

140 will continue to be reported as having been sold.
FDIC Quarterly 23 2013, Volume 7, No. 1

Quarterly Banking Profile

Estimated insured deposits – in general, insured deposits are 

total domestic deposits minus estimated uninsured deposits. 

Beginning March 31, 2008, for institutions that file Call 

Reports, insured deposits are total assessable deposits minus 

estimated uninsured deposits. Beginning September 30, 2009, 

insured deposits include deposits in accounts of $100,000 to 

$250,000 that are covered by a temporary increase in the 

FDIC’s standard maximum deposit insurance amount 

(SMDIA). The Dodd-Frank Wall Street Reform and 

Consumer Protection Act enacted on July 21, 2010, made 

permanent the standard maximum deposit insurance amount 

(SMDIA) of $250,000. Also, the Dodd-Frank Act 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.

Goodwill and other intangibles – intangible assets include 

servicing rights, purchased credit card relationships, and other 

identifiable intangible assets. Goodwill is the excess of the 

purchase price over the fair market value of the net assets 

acquired, less subsequent impairment adjustments. Other 

intangible assets are recorded at fair value, less subsequent 

quarterly amortization and impairment adjustments.

Loans secured by real estate – includes home equity loans, 

junior liens secured by 1-4 family residential properties, and 

all other loans secured by real estate.

Loans to individuals – includes outstanding credit card balances 

and other secured and unsecured consumer loans.

Long-term assets (5+ years) – loans and debt securities with 

remaining maturities or repricing intervals of over five years.

Maximum credit exposure – the maximum contractual credit 

exposure remaining under recourse arrangements and other 

seller-provided credit enhancements provided by the reporting bank to securitizations.

Mortgage-backed securities – certificates of participation in 

pools of residential mortgages and collateralized mortgage 

obligations issued or guaranteed by government-sponsored or 

private enterprises. Also, see “Securities,” below.

Net charge-offs – total loans and leases charged off (removed 

from balance sheet because of uncollectibility), less amounts 

recovered on loans and leases previously charged off.

Credit enhancements – techniques whereby a company attempts 

to reduce the credit risk of its obligations. Credit enhancement may be provided by a third party (external credit 

enhancement) or by the originator (internal credit enhancement), and more than one type of enhancement may be 

associated with a given issuance.

Deposit Insurance Fund (DIF) – the Bank (BIF) and Savings 

Association (SAIF) Insurance Funds were merged in 2006 by 

the Federal Deposit Insurance Reform Act to form the DIF.

Derivatives notional amount – the notional, or contractual, 

amounts of derivatives represent the level of involvement in 

the types of derivatives transactions and are not a quantification of market risk or credit risk. Notional amounts represent 

the amounts used to calculate contractual cash flows to be 

exchanged.

Derivatives credit equivalent amount – the fair value of the 

derivative plus an additional amount for potential future credit exposure based on the notional amount, the remaining 

maturity and type of the contract.

Derivatives transaction types:

Futures and forward contracts – contracts in which the buyer 

agrees to purchase and the seller agrees to sell, at a specified future date, a specific quantity of an underlying variable or index at a specified price or yield. These contracts 

exist for a variety of variables or indices, (traditional agricultural or physical commodities, as well as currencies and 

interest rates). Futures contracts are standardized and are 

traded on organized exchanges which set limits on counterparty credit exposure. Forward contracts do not have 

standardized terms and are traded over the counter.

Option contracts – contracts in which the buyer acquires the 

right to buy from or sell to another party some specified 

amount of an underlying variable or index at a stated price 

(strike price) during a period or on a specified future date, 

in return for compensation (such as a fee or premium). 

The seller is obligated to purchase or sell the variable or 

index at the discretion of the buyer of the contract.

Swaps – obligations between two parties to exchange a 

series of cash flows at periodic intervals (settlement dates), 

for a specified period. The cash flows of a swap are either 

fixed, or determined for each settlement date by multiplying the quantity (notional principal) of the underlying 

variable or index by specified reference rates or prices. 

Except for currency swaps, the notional principal is used 

to calculate each payment but is not exchanged.

Derivatives underlying risk exposure – the potential exposure 

characterized by the level of banks’ concentration in particular underlying instruments, in general. Exposure can result 

from market risk, credit risk, and operational risk, as well as, 

interest rate risk.

Domestic deposits to total assets – total domestic office deposits 

as a percent of total assets on a consolidated basis.

Earning assets – all loans and other investments that earn 

interest or dividend income.

Efficiency ratio – Noninterest expense less amortization of 

intangible assets as a percent of net interest income plus noninterest income. This ratio measures the proportion of net 

operating revenues that are absorbed by overhead expenses, 

so that a lower value indicates greater efficiency.
FDIC Quarterly 24 2013, Volume 7, No. 1

Reserves for losses – the allowance for loan and lease losses on 

a consolidated basis.

Restructured loans and leases – loan and lease financing receivables with terms restructured from the original contract. 

Excludes restructured loans and leases that are not in compliance with the modified terms.

Retained earnings – net income less cash dividends on common and preferred stock for the reporting period.

Return on assets – bank net income (including gains or losses 

on securities and extraordinary items) as a percentage of average total (consolidated) assets. The basic yardstick of bank 

profitability.

Return on equity – bank net income (including gains or losses 

on securities and extraordinary items) as a percentage of average total equity capital.

Risk-based capital groups – definition:

(Percent)

Total 

Risk-Based 

Capital*

Tier 1

Risk-Based 

Capital*

Tier 1 

Leverage

Tangible

Equity

Well-capitalized ≥10 and ≥6 and ≥5 –

Adequately 

capitalized ≥8 and ≥4 and ≥4 –

Undercapitalized ≥6 and ≥3 and ≥3 –

Significantly 

undercapitalized <6 or <3 or <3 and >2

Critically 

undercapitalized – – – ≤2

* As a percentage of risk-weighted assets.

Risk Categories and Assessment Rate Schedule – The current risk 

categories became effective January 1, 2007. Capital ratios 

and supervisory ratings distinguish one risk category from 

another. Effective April 1, 2011, risk categories for large institutions (generally those with at least $10 billion in assets) are 

eliminated. The following table shows the relationship of risk 

categories (I, II, III, IV) for small institutions to capital and 

supervisory groups as well as the initial base assessment rates 

(in basis points) for each risk category. Supervisory Group A 

generally includes institutions with CAMELS composite ratings of 1 or 2; Supervisory Group B generally includes institutions with a CAMELS composite rating of 3; and Supervisory 

Group C generally includes institutions with CAMELS composite ratings of 4 or 5. For purposes of risk-based assessment 

capital groups, undercapitalized includes institutions that are 

significantly or critically undercapitalized.

Capital Category

Supervisory Group

A B C

1. Well Capitalized I

5–9 bps II

14 bps

III

23 bps 2. Adequately Capitalized II

14 bps

3. Undercapitalized III

23 bps

IV

35 bps

Effective April 1, 2011, the initial base assessment rates are 5 

to 35 basis points. An institution’s total assessment rate may 

be less than or greater than its initial base assessment rate as a 

result of additional risk adjustments.

Net interest margin – the difference between interest and dividends earned on interest-bearing assets and interest paid to 

depositors and other creditors, expressed as a percentage of 

average earning assets. No adjustments are made for interest 

income that is tax exempt.

Net loans to total assets – loans and lease financing receivables, net of unearned income, allowance and reserves, as a 

percent of total assets on a consolidated basis.

Net operating income – income excluding discretionary transactions such as gains (or losses) on the sale of investment securities and extraordinary items. Income taxes subtracted from 

operating income have been adjusted to exclude the portion 

applicable to securities gains (or losses).

Noncurrent assets – the sum of loans, leases, debt securities, 

and other assets that are 90 days or more past due, or in nonaccrual status.

Noncurrent loans & leases – the sum of loans and leases 90 days 

or more past due, and loans and leases in nonaccrual status.

Number of institutions reporting – the number of institutions 

that actually filed a financial report.

New reporters – insured institutions filing quarterly financial 

reports for the first time.

Other borrowed funds – federal funds purchased, securities sold 

with agreements to repurchase, demand notes issued to the 

U.S. Treasury, FHLB advances, other borrowed money, mortgage indebtedness, obligations under capitalized leases and 

trading liabilities, less revaluation losses on assets held in 

trading accounts.

Other real estate owned – primarily foreclosed property. Direct 

and indirect investments in real estate ventures are excluded. 

The amount is reflected net of valuation allowances. For 

institutions that file a Thrift Financial Report (TFR), the 

valuation allowance subtracted also includes allowances for 

other repossessed assets. Also, for TFR filers the components 

of other real estate owned are reported gross of valuation 

allowances. (TFR filers began filing Call Reports effective 

with the quarter ending March 31, 2012.)

Percent of institutions with earnings gains – the percent of institutions that increased their net income (or decreased their 

losses) compared to the same period a year earlier.

“Problem” institutions – federal regulators assign a composite 

rating to each financial institution, based upon an evaluation 

of financial and operational criteria. The rating is based on a 

scale of 1 to 5 in ascending order of supervisory concern. 

“Problem” institutions are those institutions with financial, 

operational, or managerial weaknesses that threaten their 

continued financial viability. Depending upon the degree of 

risk and supervisory concern, they are rated either a “4” or 

“5.” The number and assets of “problem” institutions are 

based on FDIC composite ratings. Prior to March 31, 2008, 

for institutions whose primary federal regulator was the OTS, 

the OTS composite rating was used.

Recourse – an arrangement in which a bank retains, in form or 

in substance, any credit risk directly or indirectly associated 

with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the 

bank’s claim on the asset. If a bank has no claim on an asset 

it has sold, then the retention of any credit risk is recourse.
FDIC Quarterly 25 2013, Volume 7, No. 1

Quarterly Banking Profile

Beginning in 2007, each institution is assigned a risk-based 

rate for a quarterly assessment period near the end of the 

quarter following the assessment period. Payment is generally 

due on the 30th day of the last month of the quarter following the assessment period. Supervisory rating changes are 

effective for assessment purposes as of the examination transmittal date.

Special Assessment – On May 22, 2009, the FDIC board 

approved a final rule that imposed a 5 basis point special 

assessment as of June 30, 2009. The special assessment was 

levied on each insured depository institution’s assets minus 

its Tier 1 capital as reported in its report of condition as of 

June 30, 2009. The special assessment was collected 

September 30, 2009, at the same time that the risk-based 

assessment for the second quarter of 2009 was collected. 

The special assessment for any institution was capped at 

10 basis points of the institution’s assessment base for the 

second quarter of 2009 risk-based assessment.

Prepaid Deposit Insurance Assessments – In November 2009, 

the FDIC Board of Directors adopted a final rule requiring 

insured depository institutions (except those that are 

exempted) to prepay their quarterly risk-based deposit 

insurance assessments for the fourth quarter of 2009, and 

for all of 2010, 2011, and 2012, on December 30, 2009. 

Each institution’s regular risk-based deposit insurance 

assessment for the third quarter of 2009, which is paid in 

arrears, also was payable on December 30, 2009. For regulatory capital purposes, an institution may assign a zeropercent risk weight to the amount of its prepaid deposit 

assessment asset.

Risk-weighted assets – assets adjusted for risk-based capital 

definitions which include on-balance-sheet as well as offbalance-sheet items multiplied by risk-weights that range 

from zero to 200 percent. A conversion factor is used to assign 

a balance sheet equivalent amount for selected off-balancesheet accounts.

Securities – excludes securities held in trading accounts. 

Banks’ securities portfolios consist of securities designated as 

“held-to-maturity,” which are reported at amortized cost 

(book value), and securities designated as “available-for-sale,” 

reported at fair (market) value.

Securities gains (losses) – realized gains (losses) on held-tomaturity and available-for-sale securities, before adjustments 

for income taxes. Thrift Financial Report (TFR) filers also 

include gains (losses) on the sales of assets held for sale. 

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

Seller’s interest in institution’s own securitizations – the reporting 

bank’s ownership interest in loans and other assets that have 

been securitized, except an interest that is a form of recourse 

or other seller-provided credit enhancement. Seller’s interests 

differ from the securities issued to investors by the securitization structure. The principal amount of a seller’s interest is 

generally equal to the total principal amount of the pool of 

assets included in the securitization structure less the principal amount of those assets attributable to investors, i.e., in the 

form of securities issued to investors.

The base assessment rates for small institutions in Risk 

Category I are based on a combination of financial ratios and 

CAMELS component ratings (the financial ratios method).

As required by Dodd-Frank, the calculation of risk-based 

assessment rates for large institutions no longer relies on longterm debt issuer ratings. Rates for large institutions are based 

on CAMELS ratings and certain forward-looking financial 

measures combined into two scorecards—one for most large 

institutions and another for the remaining very large institutions that are structurally and operationally complex or that 

pose unique challenges and risks in case of failure (highly 

complex institutions). In general, a highly complex institution is an institution (other than a credit card bank) with 

more than $500 billion in total assets that is controlled by a 

parent or intermediate parent company with more than $500 

billion in total assets or a processing bank or trust company 

with total fiduciary assets of $500 billion or more. The FDIC 

retains its ability to take additional information into account 

to make a limited adjustment to an institution’s total score 

(the large bank adjustment), which will be used to determine 

an institution’s initial base assessment rate.

Effective April 1, 2011, the three possible adjustments to 

an institution’s initial base assessment rate are as follows: 

(1) Unsecured Debt Adjustment: An institution’s rate may 

decrease by up to 5 basis points for unsecured debt. The unsecured debt adjustment cannot exceed the lesser of 5 basis 

points or 50 percent of an institution’s initial base assessment 

rate (IBAR). Thus, for example, an institution with an IBAR 

of 5 basis points would have a maximum unsecured debt 

adjustment of 2.5 basis points and could not have a total base 

assessment rate lower than 2.5 basis points. (2) Depository 

Institution Debt Adjustment: For institutions that hold longterm unsecured debt issued by another insured depository 

institution, a 50 basis point charge is applied to the amount 

of such debt held in excess of 3 percent of an institution’s 

Tier 1 capital. (3) Brokered Deposit Adjustment: Rates for 

small institutions that are not in Risk Category I and for large 

institutions that are not well capitalized or do not have a 

composite CAMELS rating of 1 or 2 may increase (not to 

exceed 10 basis points) if their brokered deposits exceed 10 

percent of domestic deposits. After applying all possible 

adjustments (excluding the Depository Institution Debt 

Adjustment), minimum and maximum total base assessment 

rates for each risk category are as follows:

Total Base Assessment Rates*

Risk 

Category 

I

Risk 

Category 

II

Risk 

Category 

III

Risk 

Category 

IV

Large and 

Highly 

Complex 

Institutions

Initial base 

assessment rate 5–9 14 23 35 5–35

Unsecured debt 

adjustment -4.5–0 -5–0 -5–0 -5–0 -5–0

Brokered deposit 

adjustment — 0–10 0–10 0–10 0–10

Total Base 

Assessment rate 2.5–9 9–24 18–33 30–45 2.5–45

* All amounts for all categories are in basis points annually. Total base rates that are 

not the minimum or maximum rate will vary between these rates. Total base assessment rates do not include the depository institution debt adjustment.
FDIC Quarterly 26 2013, Volume 7, No. 1

Subchapter S corporation – a Subchapter S corporation is treated as a pass-through entity, similar to a partnership, for federal income tax purposes. It is generally not subject to any 

federal income taxes at the corporate level. This can have the 

effect of reducing institutions’ reported taxes and increasing 

their after-tax earnings.

Trust assets – market value, or other reasonably available 

value of fiduciary and related assets, to include marketable 

securities, and other financial and physical assets. Common 

physical assets held in fiduciary accounts include real estate, 

equipment, collectibles, and household goods. Such fiduciary 

assets are not included in the assets of the financial 

institution.

Unearned income & contra accounts – unearned income for Call 

Report filers only.

Unused loan commitments – includes credit card lines, home 

equity lines, commitments to make loans for construction, 

loans secured by commercial real estate, and unused commitments to originate or purchase loans. (Excluded are commitments after June 2003 for originated mortgage loans held for 

sale, which are accounted for as derivatives on the balance 

sheet.)

Yield on earning assets – total interest, dividend, and fee 

income earned on loans and investments as a percentage of 

average earning assets.

Small Business Lending Fund – The Small Business Lending 

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

of the Small Business Jobs Act of 2010 to encourage lending 

to small businesses by providing capital to qualified community institutions with assets of less than $10 billion. The 

SBLF Program, 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.
FDIC Quarterly 27 2013, Volume 7, No. 1

Although institution size groups consisting of large, 

midsize, and small institutions all reported deposit 

growth in 2012, large institutions reported significant 

deposit growth relative to other size groups. Additionally, although offices contracted for all institution sizes 

in 2012 compared with 2011, only large institutions 

have reported office contraction over the longer term.

This summary highlights some key findings from the 

2012 SOD, focusing on national trends in domestic 

deposits and banking offices, and presents information 

by state and metropolitan area and for selected 

institutions.

Offices Contracted and Deposits Grew at an 

Accelerated Rate in 2012

The number of offices operated by FDIC-insured institutions fell 0.9 percent, or 857 offices, to 96,823 for the 

year ending June 30, 2012 (see Chart 1). This is the 

third consecutive yearly decline in offices and greater 

than the 0.3 percent (275 offices) decrease in 2011.

Contraction in the number of offices largely reflects the 

continuing decline in the number of FDIC-insured 

institutions. The number of FDIC-insured institutions 

declined by 267 during the year ending June 30, 2012, 

compared with declines of 317 and 365 in the previous 

Each year as of June 30, the Federal Deposit Insurance 

Corporation (FDIC) collects deposit data for branches 

and offices of all FDIC-insured institutions. The resulting Summary of Deposits (SOD) is a valuable resource 

for analyzing deposit gathering and branching trends, as 

well as domestic deposit market share.1

FDIC-insured institutions reduced the number of offices 

they operate in 2012, continuing the trend of office 

contraction seen over the past three years. Despite the 

decline in offices, deposits held by FDIC-insured institutions continued to increase in 2012, experiencing the 

largest one-year percentage increase in the past six 

years. The number of offices operated by FDIC-insured 

institutions relative to the U.S. population declined in 

2012, extending a trend that has persisted over the past 

several years.

Offices are contracting and deposits are growing in both 

metropolitan and nonmetropolitan statistical areas. 

Metropolitan areas continue to report stronger deposit 

growth and weaker office contraction relative to 

nonmetropolitan areas. Deposits held within the most 

populated metropolitan areas in the country are held 

mostly by larger institutions, similar to previous years. 

Many of these high-population metropolitan areas 

reported an increase in market concentration in 2012, 

reflecting growing market power of several institutions 

located in the area. Looking across the country, the 

number of banking offices declined in most states from 

2011 to 2012. States where offices declined most significantly were generally located on the East Coast and 

Great Plains regions.

Large institutions have heavily influenced the overall 

trend in office contraction and deposit growth. 

1

 This analysis reflects updates in SOD data through October 1, 2012. 

All FDIC-insured institutions that operate branch offices beyond their 

headquarters must submit responses to SOD surveys to the FDIC. 

Institutions that previously filed the Branch Office Survey administered 

by the Office of Thrift Supervision (OTS) have filed the SOD starting as 

of June 2011. Automated teller machines are not considered offices 

for the purposes of the survey. Call Report information on banks with 

a single headquarters office has been combined with branch office 

data to form the SOD database. The data are available on the FDIC’s 

website at http://www2.fdic.gov/sod/index.asp. 

Feature Article:

Highlights From the 2012 Summary of Deposits

Chart 1

Number of Offices Domestic Deposits (Trillions of Dollars)

The Number of Ofces of FDIC-Insured Institutions

Decreased While Deposit Growth Increased

60,000

65,000

70,000

75,000

80,000

85,000

90,000

95,000

100,000

105,000

110,000

1994 1997 2000 2003 2006 2009 2012

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

9.0

10.0

Source: FDIC Summary of Deposits and OTS Branch Office Survey.

Number of Offices

Domestic Deposits
FDIC Quarterly 28 2013, Volume 7, No. 1

Deposits and offices continue to be concentrated in 

metropolitan areas. As of June 30, 2012, roughly 78 

percent of deposit-taking offices and 90 percent of 

deposits were held by insured institutions located in 

metropolitan areas.

The Number of Brick-and-Mortar Offices Grew 

in 2012

Brick-and-mortar offices expanded in 2012 among 

commercial banks. The number of brick-and-mortar 

offices increased 0.9 percent after showing no change in 

2011 (see Table 2a).5 Traditional brick-and-mortar 

offices represented 90 percent of all commercial banking offices in 2012, a share unchanged from the previous year. “Other” offices represent less than 1 percent of 

all offices, but grew at the fastest rate of all office types 

for the fourth consecutive year. The number of retail 

offices fell 3.1 percent after increasing 3.3 percent in 

2011. Drive-through facilities declined by 3.7 percent 

and are the only office type to show a negative five-year 

CAGR.

Offices within most office type categories declined 

when combining total commercial bank and thrifts. 

As shown in Table 2b, total industry brick-and-mortar 

offices declined 0.9 percent from 2011 to 2012. Total 

offices designated as “Other” were the only office type 

category to show growth over the past year.

5

 The SOD survey covers banking office type categories, including 

brick-and-mortar, retail (e.g., offices in supermarkets and other 

stores), drive-through, and “other” (e.g., mobile offices, seasonal 

offices, back-office support for Internet deposit operations). 

two years, respectively. The rate of decline in the 

number of FDIC-insured institutions continues to 

outpace the rate of contraction in offices. As a result, 

the number of offices per institution continues to 

increase, reflecting industry consolidation.

FDIC-insured institutions reported strong deposit 

growth in the year ending June 30, 2012, despite a 

contraction in the number of offices.2 Total domestic 

deposits increased 8.5 percent, the largest one-year 

percentage increase in domestic deposits in the past six 

years and higher than the five-year compound annual 

growth rate (CAGR) for total deposits of 6 percent.3

The number of offices per million people declined 1.6 

percent to 309 for the year ending June 30, 2012, the 

lowest level for this ratio since 2004 (see Chart 2). 

Because of the overall growth in deposits, however, 

total deposits per office grew 9.4 percent to $92 million 

in 2012. The one-year percentage increase in total 

deposits per office was the highest since 2003.

Metropolitan Areas Continue to Report 

Strong Deposit Growth

All geographic areas reported deposit growth and office 

contraction from 2011 to 2012 (see Table 1). Deposit 

growth was strongest in metropolitan areas and weakest 

in “other” areas.4 Deposits held within metropolitan 

areas grew 9.1 percent in 2012, the highest one-year 

percentage increase since 2006. Deposits in all 

geographic areas grew at a faster rate than in 2011, and 

all locations reported a positive five-year CAGR in 

deposits. Office contraction was slowest in metropolitan 

areas. The number of offices in metropolitan areas 

declined 0.8 percent from 2011 to 2012 compared with 

declines of 1.4 percent and 1.1 percent in micropolitan 

and “other” areas, respectively. Offices declined in all 

geographic areas for the third consecutive year. Additionally, offices in all geographic areas declined at a 

faster rate in 2012 than in 2011.

2

 The SOD covers offices in the 50 states and the District of Columbia 

but not those in U.S. territories. The SOD data include domestic 

deposits only, referred to in this report as “deposits.” 

3

 CAGR is a methodology for smoothing annual growth over time. It 

can sometimes be a better indication of a trend than a single year’s 

growth, which may have been atypical. The compound annual growth 

rate is the nth root of the percentage change, where n is the number 

of years in the period. 

4

 Metropolitan statistical areas have urban clusters of greater than 

50,000 inhabitants. Micropolitan statistical areas have urban clusters 

of between 10,000 and 50,000 inhabitants. “Other” areas have populations of 10,000 or fewer inhabitants.

Chart 2

Offices Per Million People

Domestic Deposits Per Office

(Millions of Dollars)

Deposits Per Ofce Increased While Ofces

Per Million People Decreased

250

260

270

280

290

300

310

320

330

1994 1997 2000 2003 2006 2009 2012

0

10

20

30

40

50

60

70

80

90

100

Source: FDIC Summary of Deposits and OTS Branch Office Survey.

Note: Population data from U.S. Census Bureau via Haver Analytics. 

Offices Per Million People

Domestic Deposits Per Office
FDIC Quarterly 29 2013, Volume 7, No. 1

Summary of Deposits

compared with 4.1 percent and 3.5 percent for deposits held by midsize and small institutions, respectively 

(see Table 3). Additionally, the five-year CAGR for 

large institutions was 6.9 percent in 2012, compared 

with 3.7 percent for midsize institutions and 4.9 

percent for small institutions. All institution size 

groups reported office contraction in 2012; however, 

large institutions were the only size group to report a 

negative five-year CAGR.

Large Institutions Continued to Report 

Strong Deposit Growth

Deposit growth at large institutions (institutions with 

more than $10 billion in total assets) continues to 

outpace deposit growth at midsize institutions (institutions with between $1 billion and $10 billion in total 

assets) and small institutions (institutions with less 

than $1 billion in total assets). Deposits held by large 

institutions grew 10.5 percent over the past year, 

Table 1

Metropolitan Areas Experienced the Highest Deposit Growth and Slowest Rate of Office Decline

Metropolitan Areas Micropolitan Areas Other Areas 

Number 

of Offices

Domestic 

Deposits 

($ billions)

Number 

of Offices

Domestic 

Deposits 

($ billions)

Number 

of Offices

Domestic 

Deposits 

($ billions)

June 2012 74,639 $8,026 11,904 $526 9,577 $336

June 2011 75,262 7,358 12,067 510 9,685 327

June 2007 73,860 5,874 12,106 467 9,812 295

1-Year Percent Change -0.8% 9.1% -1.4% 3.3% -1.1% 2.9%

5-Year Compound Annual Growth Rate 0.2% 6.4% -0.3% 2.4% -0.5% 2.6%

Source: FDIC Summary of Deposits and OTS Branch Office Survey. 

Note: Includes deposit-taking offices only. Metropolitan statistical areas have urban clusters of greater than 50,000 inhabitants. Micropolitan statistical areas have urban clusters of between 

10,000 and 50,000 inhabitants. “Other” areas have populations of 10,000 or fewer inhabitants. See Census Bureau definitions for greater detail.

Table 2a

Commercial Bank Brick-and-Mortar Offices Expanded in 2012

Brick-andMortar Offices Retail OfficesDrive-Through 

Facilities

“Other” Office 

Types Total

June 2012 78,756 5,265 2,380 824 87,225

June 2011 78,041 5,431 2,472 808 86,752

June 2007 74,028 4,742 2,511 608 81,889

1-Year Percent Change 0.9% -3.1% -3.7% 2.0% 0.5%

5-Year Compound Annual Growth Rate 1.2% 2.1% -1.1% 6.3% 1.3%

Source: FDIC Summary of Deposits.

Note: Includes only deposit-taking offices of commercial banks. Excludes offices of savings institutions and U.S. branches of foreign institutions. Similar office breakdowns for savings 

institutions are available beginning in June 2011, so comparisons of trends in savings institution office types prior to 2011 are not available. Of the 8,885 savings institution banking offices 

reported in 2012, 8,090 were brick-and-mortar offices, 636 were retail offices, 84 were drive-through facilities, and 75 were “other” office types.

Table 2b

Most Office Types for All Institutions Declined in 2012

Brick-andMortar Offices Retail OfficesDrive-Through 

Facilities

“Other” Office 

Types Total

June 2012 86,846 5,901 2,464 899 96,110

June 2011 87,595 5,949 2,565 895 97,004

1-Year Change -749 -48 -101 4 -894

1-Year Percent Change -0.9% -0.8% -3.9% 0.4% -0.9%

Source: FDIC Summary of Deposits.

Note: Includes deposit-taking offices of commercial banks and savings institutions. Excludes U.S. branches of foreign institutions.
FDIC Quarterly 30 2013, Volume 7, No. 1

2011. Bank of America and Wells Fargo reported a 

decline in total offices of 3.1 percent and 1.1 percent, 

respectively, from 2011 to 2012. The three organizations holding the highest individual shares of domestic deposits—Bank of America, Wells Fargo, and 

JPMorgan Chase—held a combined 32.5 percent of 

domestic deposits and 18.3 percent of offices as of 

June 30, 2012, up from 32.1 percent and 18.1 percent 

in 2011.

The Number of “Highly Concentrated” Markets in 

the 25 Largest Metropolitan Areas Increased

By law, bank regulatory agencies and the Department 

of Justice must consider market concentration in their 

analysis of proposed mergers and acquisitions. The 

Herfindahl-Hirschman Index (HHI) is a commonly 

used measure of market concentration.7 The HHI 

measures increases in market concentration as banking 

organizations increase their deposit market share in a 

particular trade area. As of June 30, 2012, 20 of the 25 

largest metropolitan areas were “moderately concentrated” or “highly concentrated,” the same number as 

in 2011. However, seven of the 25 largest metropolitan 

areas had an HHI in the “highly concentrated” range, 

three higher than in the previous year (see Table 5). 

The Portland, Houston, and Phoenix metropolitan 

7

 Under Department of Justice (DOJ) guidelines, markets with an HHI 

of less than 1,000 are considered “unconcentrated,” those with an 

HHI between 1,000 and 1,800 are considered “moderately concentrated,” and those with an HHI greater than 1,800 are considered 

“highly concentrated.” For more details, see the joint Federal Trade 

Commission and DOJ website on “Horizontal Merger Guidelines” at 

http://www.usdoj.gov/atr/public/guidelines/horiz_book/hmg1.html. 

Offices Declined in Most States in 2012

Banking offices declined in 42 states from 2011 to 2012, 

while offices increased in only four states (see Map 1). 

States where total offices declined most significantly on 

a percentage basis were generally located on the East 

Coast and Great Plains regions of the country. Five 

states reported no change in the number of banking 

offices since 2011.

The Number of Banking Organizations Operating in 

15 or More States Increased

The number of banking organizations operating in 15 or 

more states increased to 16 in 2012, from 15 in 2011 

(see Table 4). Bank of New York Mellon was the only 

addition to the list in 2012, and no organization from 

2011 was removed from the list in 2012.6 Four organizations expanded their branch networks into additional 

states in 2012, compared with 2011, including U.S. 

Bancorp and Citigroup. Bank of America and Beal 

Bank were the only two organizations to reduce their 

branch networks into fewer states in 2012.

Bank of America Corporation and Wells Fargo & 

Company were the only organizations to report more 

than 10 percent of total domestic deposits in 2012. 

Bank of America and Wells Fargo held 12.7 percent 

and 10 percent of total domestic deposits, respectively, compared with 13 percent and 9.7 percent in 

6

 Bank of New York Mellon reported operations in 26 states in 2012, 

compared with eight states in 2011 as a result of a subsidiary institution that added 33 new offices in 2012. Although these offices are 

designated as “deposit-taking” within SOD, none of the offices held 

any deposits at June 30, 2012. 

Table 3

Large Institutions Continue to Report Strong Deposit Growth

Large Institutions Midsize Institutions Small Institutions

Number of 

Institutions

Number of 

Offices

Domestic 

Deposits 

($ billions)

Number of 

Institutions

Number of 

Offices

Domestic 

Deposits 

($ billions)

Number of 

Institutions

Number of 

Offices

Domestic 

Deposits 

($ billions)

June 2012 83 47,293 6,431 442 18,737 1,149 6,710 30,080 1,285

June 2011 83 47,751 5,821 442 19,078 1,103 6,710 30,107 1,241

June 2007 80 48,912 4,612 439 18,391 956 6,514 28,158 1,010

1-Year Percent Change 0.0% -1.0% 10.5% 0.0% -1.8% 4.1% 0.0% -0.1% 3.5%

5-Year Compound 

Annual Growth Rate 0.7% -0.7% 6.9% 0.1% 0.4% 3.7% 0.6% 1.3% 4.9%

Source: FDIC Summary of Deposits and OTS Branch Office Survey.

Note: Merger-adjusted data. Deposit-taking offices only. Excludes U.S. branches of foreign institutions. Small = Institutions with consolidated deposits less than $1 billion. Midsize = Institutions 

with consolidated deposits of $1 billion to $10 billion. Large = Institutions with consolidated deposits greater then $10 billion.
FDIC Quarterly 31 2013, Volume 7, No. 1

Summary of Deposits

Table 4

The Same Number of Banking Organizations Operate in 15 or More States as Last Year

Name of Company

Number of 

States With 

Deposit Offices

Reported 

Number of 

Deposit Offices

Domestic 

Deposits 

($ billions)

Share of Total 

Domestic 

Deposits (%)

Share of Total 

Domestic 

Offices (%)

Wells Fargo & Company 40 6,316 $891.4 10.0% 6.6%

Bank of America Corporation 35 5,660 1,129.3 12.7% 5.9%

U.S. Bancorp 28 3,134 220.7 2.5% 3.3%

Bank of New York Mellon Corporation 26 56 128.0 1.4% 0.1%

JPMorgan Chase & Co. 24 5,575 865.0 9.7% 5.8%

PNC Financial Services Group, Inc. 20 3,012 203.4 2.3% 3.1%

BNP Paribas 20 702 55.4 0.6% 0.7%

First Citizens Bancshares, Inc. 18 412 17.8 0.2% 0.4%

Northern Trust Corporation 18 76 35.5 0.4% 0.1%

Citigroup Inc. 18 1,064 387.5 4.4% 1.1%

Dickinson Financial Corporation II 17 167 1.6 0.0% 0.2%

Woodforest Financial Group 

Employee Stock Ownership Plan 17 768 3.2 0.0% 0.8%

Toronto-Dominion Bank 16 1,309 170.1 1.9% 1.4%

Regions Financial Corporation 16 1,720 95.5 1.1% 1.8%

Beal Bank USA 15 18 3.2 0.0% 0.0%

KeyCorp 15 1,067 61.7 0.7% 1.1%

Source: FDIC Summary of Deposits and OTS Branch Office Survey.

Note: Deposit-taking offices only. See SOD instructions for definition of deposit offices. 

Offices Declined More Than 1%

Offices Declined Less Than 1%

Offices Were Unchanged

Office Growth

Source: FDIC Summary of Deposits.

Labels show number of offices located within state as of 2012.

Offices Increased in Only Four States From 2011 to 2012

HI: 280

AK: 132

WY: 228

WA: 1,876

OR: 1,125

NV: 544

CA: 

7,295 MO:

2,423

IA: 1,598

MN:

1,801

ND: 439

SD: 475

NE: 1,082

KS: 1,533

TX: 6,854

CO: 1,623

TN: 2,275

LA:

1,631

MS:

1,202

AR: 1,447

FL: 5,602

IL:

4,887 IN:

2,352

OH: 4,026

PA: 4,648

NY:

5,441

ME:

MT: 394 517

NM: 512 OK: 1,397

GA:

2,651

AZ: 1,360

UT: 598

ID: 536

MA: 2,210

RI: 259

CT: 1,293

NJ: 3,276

DC: 244

MD: 1,752

DE: 293

WV: 671

KY: 1,781

WI:

2,287 MI:

2,949

AL:

1,573

SC:

1,401

NC: 2,720

VA:

2,644

VT: 257

NH: 429

Map 1
FDIC Quarterly 32 2013, Volume 7, No. 1

quarters office within the area. The Minneapolis area 

increased to second on the list in 2012. The HHI score 

for this area increased primarily as a result of Wells 

Fargo increasing its market share within the area. 

Because of changes in population, the OrlandoKissimmee-Sanford, FL, metropolitan area was added to 

the list in 2012 while the Sacramento-Arden-ArcadeRoseville, CA, metropolitan area was dropped.

Large institutions continue to exert significant market 

power in many of the largest 25 metropolitan areas. In 

15 of the 25 largest metropolitan areas, at least one 

organization reported holding at least one-fourth of 

total area deposits in 2012, the same number as in 

2011. In the Phoenix, Minneapolis, and Houston 

areas each increased from “moderately concentrated” 

in 2011 to “highly concentrated” in 2012.

HHI increased in 18 of the largest 25 metropolitan 

areas in 2012 and declined in seven metropolitan areas. 

Minneapolis, Portland, and San Francisco experienced 

the greatest increase in HHI while Pittsburgh experienced the greatest decline. The HHI score for the San 

Antonio-New Braunfels, TX, metropolitan area is the 

highest of any of the top 25 metropolitan areas in 2012, 

and increased from 4,483 in the previous year to 4,616. 

The high HHI score reflects the volume of deposits 

reported by USAA Federal Savings Bank, an institution 

that has a nationwide remote banking business model 

but assigns its deposits to its brick-and-mortar headTable 5

Seven of the Largest Metropolitan Areas Are Characterized as “Highly Concentrated” Markets 

According to the Department of Justice’s Herfindahl-Hirschman Index Measurement 

(Top 25 metropolitan areas by population as of June 30, 2012)

Metropolitan Area

HerfindahlHirschman 

Index 

Population 

Estimate 

(millions)

5-Year 

Compound 

Growth Rate 

in Offices 

5-Year 

Compound 

Growth Rate 

in Deposits 

San Antonio-New Braunfels, TX 4,616 2.2 1.4 11.5

Minneapolis-St. Paul-Bloomington, MN-WI 3,271 3.4 -0.8 20.1

San Francisco-Oakland-Fremont, CA 2,852 4.4 0.9 10.8

Pittsburgh, PA 2,433 2.4 -0.1 8.7

Portland-Vancouver-Hillsboro, OR-WA 1,977 2.3 1.3 9.9

Phoenix-Mesa-Glendale, AZ 1,848 4.3 1.5 2.1

Houston-Sugar Land-Baytown, TX 1,824 6.2 1.0 11.4

Dallas-Fort Worth-Arlington, TX 1,487 6.7 -0.1 0.6

New York-Northern New Jersey-Long Island, NY-NJ-PA 1,451 19.1 0.5 8.2

Detroit-Warren-Livonia, MI 1,441 4.3 -1.3 1.9

Baltimore-Towson, MD 1,415 2.7 -0.9 6.3

Atlanta-Sandy Springs-Marietta, GA 1,408 5.4 -1.0 1.3

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1,352 6.0 -0.7 11.4

San Diego-Carlsbad-San Marcos, CA 1,289 3.2 1.1 5.1

Denver-Aurora-Broomfield, CO 1,268 2.6 0.2 5.6

Orlando-Kissimmee-Sanford, FL 1,261 2.2 1.3 2.9

Seattle-Tacoma-Bellevue, WA 1,243 3.5 0.4 2.1

Boston-Cambridge-Quincy, MA-NH 1,238 4.6 0.7 9.5

Riverside-San Bernardino-Ontario, CA 1,051 4.4 1.0 -1.3

Tampa-St. Petersburg-Clearwater, FL 1,002 2.9 -0.6 4.2

Washington-Arlington-Alexandria, DC-VA-MD-WV 956 5.8 0.9 4.2

Los Angeles-Long Beach-Santa Ana, CA 887 13.1 0.7 2.6

Chicago-Joliet-Naperville, IL-IN-WI 832 9.6 -0.4 3.1

Miami-Fort Lauderdale-Pompano Beach, FL 775 5.7 0.9 2.4

St. Louis, MO-IL 738 2.8 0.7 9.5

Source: FDIC Summary of Deposits and OTS Branch Office Survey and Moody’s Economy.com.

Note: The Herfindahl-Hirschman Index (HHI), a commonly accepted measure of market concentration, is calculated by squaring the market share of each firm competing in the market and 

then summing the resulting numbers. Markets in which the HHI is between 1,000 and 1,800 points are considered to be “moderately concentrated,” and those in which the HHI is in 

excess of 1,800 points are considered to be “highly concentrated.” For more information, please refer to the joint U.S. Department of Justice and Federal Trade Commission website at 

http://www.usdoj.gov/atr/public/testimony/hhi.htm. Population estimates for 2011 are from Moody’s Economy.com.
FDIC Quarterly 33 2013, Volume 7, No. 1

Summary of Deposits

metropolitan areas, two separate organizations reported 

holding more than 25 percent of total area deposits. 

Additionally, Bank of America, Wells Fargo, or 

JPMorgan Chase was the primary driver of market 

concentration in nine of the 25 largest metropolitan 

areas in 2012, accounting for more than 50 percent of 

the total HHI score in the area. The total HHI score 

was considered “highly concentrated” in six of the 

metropolitan areas where one organization accounted 

for the more than half of the HHI score.

Author: Andrew D. Carayiannis, Financial Analyst

Division of Insurance and Research


Federal Deposit Insurance Corporation

Washington, DC 20429-9990

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