FDIC Quarterly 1 2011, Volume 5, No. 2

Quarterly Banking Profile First Quarter 2011

Profits Rise for Seventh Consecutive Quarter

Bank earnings continued to benefit from falling loan-loss 

provisions in first quarter 2011 as FDIC-insured commercial banks and savings institutions posted their highest 

quarterly net income since the onset of the financial 

crisis. Net income totaled $29.0 billion, an $11.6 billion 

(66.5 percent) increase from first quarter 2010, and the 

best quarterly result since second quarter 2007. This is 

the seventh consecutive quarter that industry earnings 

have registered year-over-year gains. More than half of 

all institutions (56.2 percent) reported improved earnings, and fewer institutions were unprofitable (15.4 

percent, compared to 19.3 percent in first quarter 2010).

Loss Provisions Are Less than Half the Level 

of a Year Ago

Provisions for loan losses fell to $20.7 billion in the first 

quarter from $51.6 billion a year earlier. This marks the 

sixth quarter in a row that loss provisions have had a 

year-over-year decline. It is the smallest quarterly loss 

provision for the industry since third quarter 2007. The 

largest reductions in provisions occurred at credit card 

lenders that made sizable additions to their loan-loss 

reserves a year ago, but almost half of all institutions 

(48.9 percent) reported lower provisions. Fewer than a 

third (32.6 percent) increased their provisions from 

year-earlier levels.

Revenues Exhibit Weakness

The positive contribution from reduced provisions 

outweighed the negative effect of lower revenues at 

many institutions. Net operating revenue (net interest 

income plus total noninterest income) was $5.5 billion 

(3.2 percent) lower than a year ago. This is only the 

second time in the 27 years for which data are available 

that the industry has reported a year-over-year decline 

in quarterly net operating revenue.

■ Net Income Rises to $29 Billion

■ Lower Loan-Loss Provisions Remain Key to Higher Earnings

■ Revenues Post Year-over-Year Decline

■ Asset Quality Indicators Continue to Exhibit Improvement

■ Loan Balances Fall by $126.6 Billion

INSURED INSTITUTION PERFORMANCE

Quarterly Earnings Improved Year-over-Year

for a Seventh Consecutive Quarter

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36.9 38.0 38.035.3 35.6 36.8

28.7

0.5

19.3

4.8 0.9

-37.8

-6.1

-12.6

2006 2007 2008 2009

2.2

-1.7

2010

17.4

20.9 23.8 22.1

29.0

2011

Billions of Dollars

Securities and Other Gains/Losses, Net

Net Operating Income

Chart 1 Chart 2

Provisions Continue to Decline, but Revenues

 Are Not Growing

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Billions of Dollars

2005 2006 2007 2008 2009 2010 2011 

* Net operating revenue = net interest income + noninterest income

Quarterly Net Operating Revenue*

Quarterly Loan-Loss

Provisions
FDIC Quarterly 2 2011, Volume 5, No. 2

Chart 4

The Levels of Troubled Loans and Loan Losses

Remain High

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2006 2007 2008 2009 2010 2011

Noncurrent Loan Rate

Quarterly Net Charge-off Rate

Percent

Decline in Revenues Is Concentrated Among 

Large Institutions

Net interest income declined year-over-year for the first 

time since fourth quarter 1989, falling by $3.2 billion (3 

percent), while noninterest income was $2.2 billion 

(3.7 percent) lower than in first quarter 2010. The 

reduction in net interest income was caused by 

narrower net interest margins and weak growth in interest-earning assets. The decline in noninterest income 

reflected lower revenues from service charges on deposit 

accounts (down $1.7 billion, or 17.3 percent at institutions filing Call Reports) and reduced trading income 

(down $1 billion, or 11.7 percent). Much of the reduction in net operating revenue was concentrated at 

larger institutions; more than half of all institutions 

(59.5 percent) reported year-over-year increases in net 

operating revenue, with 57.6 percent reporting higher 

net interest income and 52.1 percent reporting 

increased noninterest income. However, of the ten largest institutions, which together hold more than half of 

all insured institution assets, six reported year-over-year 

declines in net operating revenue, six had declines in 

noninterest income and eight reported lower net interest income.

Loan Losses Improve Across All Main Loan 

Categories

Net loan charge-offs (NCOs) declined for a third 

consecutive quarter. Insured institutions charged-off 

$33.3 billion in the first quarter, a $19.9 billion (37.5 

percent) decline from first quarter 2010. Almost half of 

all institutions (48.9 percent) reported lower NCOs, 

while 41.5 percent reported increases. NCOs were 

lower in all major loan categories. The largest reduction 

occurred in credit cards, where NCOs fell by $7.3 

billion (39.1 percent). Real estate construction loan 

NCOs were $3 billion (51.5 percent) lower than in first 

quarter 2010, while charge-offs of closed-end 1-4 family 

residential mortgages fell by $2.6 billion (29.6 percent). 

Commercial and industrial (C&I) loan NCOs also 

declined by $2.6 billion (43.1 percent).

Noncurrent Loan Balances Fall for a Fourth 

Consecutive Quarter

Noncurrent loan balances (loans 90 days or more past 

due or in nonaccrual status) fell by $17 billion (4.7 

percent) during the quarter. At the end of March, 

insured institutions reported $341.7 billion in noncurrent loans and leases, down from $358.7 billion at the 

end of 2010. This is the fourth consecutive quarter that 

noncurrent loans have declined, and they are now 

$68.2 billion (16.6 percent) below the peak level 

reached a year ago. Half of all institutions (50.3 

percent) reported reductions in their noncurrent loan 

balances, while 43.1 percent reported increases. 

Noncurrent balances declined in all major loan categories. Noncurrent C&I loans declined by $6.1 billion 

(21.1 percent), noncurrent construction and development loans fell by $4.3 billion (8.3 percent), and 

noncurrent closed-end 1-4 family residential mortgages 

declined by $2.8 billion (1.6 percent). The average 

noncurrent loan rate at the end of the quarter was 4.71 

percent, the lowest level since second quarter 2009.

Chart 3

Lower Asset Yields Are Putting Downward Pressure

on Net Interest Margins

2.0

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Assets < $1 Billion

Assets $1 Billion - $10 Billion

Assets $10 Billion - $100 Billion

Assets > $100 Billion

2006 2007 2008 2009 2010 2011

Quarterly Net Interest Margin

(Percent)
FDIC Quarterly 3 2011, Volume 5, No. 2

Quarterly Banking Profile

Asset Growth Occurs Outside Loan Portfolios

Total assets of insured institutions increased by $94.7 

billion (0.7 percent) during the quarter. Balances with 

Federal Reserve banks increased by $116.3 billion (23.5 

percent) at Call Report filers with $300 million or more 

in total assets. Mortgage-backed securities holdings rose 

by $34.5 billion (2.3 percent). Total loan and lease 

balances continued to fall, declining by $126.6 billion 

(1.7 percent). This is the fifth-largest quarterly percentage decline in loan balances in the 28 years for which 

data are available, and it marks the tenth time in the 

last eleven quarters that reported loan balances have 

fallen (the one exception was caused by the implementation of FASB 166 and 167, which resulted in the 

consolidation of as much as $400 billion in securitized 

loans onto banks’ balance sheets in first quarter 2010). 

The largest declines in loan balances were in 1-4 family 

residential mortgages, which fell by $63.8 billion (3.4 

percent), credit cards (down $38.9 billion, or 5.5 

percent), and in real estate construction and development loans, which declined by $25.9 billion (8.1 

percent). Balances fell in most major loan categories, 

with the exception of C&I loans, which increased by 

$18.1 billion (1.5 percent) and loans to depository 

institutions, which rose by $10.2 billion (9.3 percent). 

Almost half of the growth in C&I loans (47 percent) 

represented loans to non-U.S. borrowers, while 86.2 

percent of the increase in loans to depository institutions consisted of loans to foreign banks. At the end of 

March, net loans and leases represented 52.4 percent of 

insured institutions’ assets, the lowest share since the 

early 1970s.

Most Large Banks Reduce Their Reserves

Net charge-offs exceeded loss provisions by $12.6 

billion in the first quarter, contributing to a $13 billion 

(5.6 percent) drop in the industry’s loan-loss reserves. 

This is the fourth consecutive quarter that aggregate 

reserves have declined; they are now $44.9 billion (17.1 

percent) below the peak level of a year ago. The decline 

in reserves was concentrated among the largest banks. 

Sixteen of the 19 institutions with assets greater than 

$100 billion reduced their reserves in the first quarter, 

and almost two-thirds of institutions with assets 

between $10 billion and $100 billion (63.2 percent) 

also reported reserve declines. Some of the largest 

reductions in reserves occurred at credit card lenders. In 

contrast to the trend at large banks, most institutions 

with less than $1 billion in assets (60.1 percent) 

increased their reserves during the quarter.

Capital Levels Improve

Additions to capital in the first quarter surpassed the 

decline in reserves. Bank equity capital increased by 

$25.1 billion (1.7 percent), as retained earnings contributed $13.9 billion. Total risk-based capital increased by 

$17.8 billion (1.3 percent). Tier 1 leverage capital 

increased by $25.8 billion (2.2 percent), but tier 2 capital fell by $7.9 billion (3.4 percent), reflecting lower 

loan-loss reserves. At the end of the quarter, 96 percent 

of all institutions, representing over 99 percent of total 

industry assets, met or exceeded the highest regulatory 

capital requirements as defined for Prompt Corrective 

Action (PCA) purposes. Industry averages for all three 

regulatory capital ratios rose to all-time high levels, 

driven by improvements at the largest institutions.

Chart 5

Banks Are Continuing to Raise Their Capital Levels

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Percent

Total Risk-Based Capital Ratio

Tier 1 Risk-Based Capital Ratio

Equity to Assets Ratio

Core Capital (Leverage) Ratio

2005 2006 2007 2008 2009 2010 2011

Chart 6

Loan Balances Continue to Decline

43.4

188.9

237.3

202.6

61.4

28.1

-6.3

-116.2

-139.6

-108.6

-210.3

-133.2 -106.9

-6.6 -13.9

-126.6

220.9*

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2007 2008 2009 2010 2011

Quarterly Change in Reported Total Loans Outstanding

(Billions of Dollars)

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

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

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

in loan balances for the quarter absent this change in accounting standards. 
FDIC Quarterly 4 2011, Volume 5, No. 2

The Pace of Bank Failures Slows

The number of insured commercial banks and savings 

institutions reporting financial results declined from 

7,658 to 7,574 in the first quarter. One new reporting 

institution was added during the quarter, while 56 institutions were absorbed by mergers and 26 institutions 

failed. One report had not been received at the time 

these data were prepared. The number of institutions on 

the FDIC’s “Problem List” increased from 884 to 888 

during the quarter. Assets of “problem” institutions 

increased from $390 billion to $397 billion. Insured 

institutions reported 2.09 million full-time equivalent 

employees in the first quarter, an increase of 65,632 

(3.2 percent) from first quarter 2010.

Author: Ross Waldrop, Sr. Banking Analyst

Division of Insurance and Research

(202) 898-3951

Deposit Growth Remains Strong

Deposits at FDIC-insured institutions increased by 

$178.8 billion (1.9 percent), as deposits in foreign 

offices rose by $61.4 billion (4 percent), and domestic 

office deposits grew by $117.4 billion (1.5 percent). 

Noninterest-bearing deposits in domestic offices 

increased by $58.3 billion (3.5 percent), while interestbearing deposits were up by $59.1 billion (1 percent). 

Nondeposit liabilities fell by $101.1 billion (4.2 

percent), with Fed funds purchased declining by $44.6 

billion (37.5 percent), and FHLB advances falling by 

$28.6 billion (7.4 percent).

Chart 7

Banks Have Reduced Credit Risk and

Increased Liquidity

$20 $29

$176

$518 $488

$388

$531

$573 $596

$547

$498 $494

$611

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2008 2009 2010 2011

*Reported by insured Call Reporters with assets greater than $300 million.

Balances at Federal Reserve Banks*

(Billions of Dollars)

Chart 8

The Number of “Problem” Institutions Has Leveled Off

48 50 47 50 53 61 65 76 90 117

171

252

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829860884888

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2006 2007 2008 2009 2010 2011

Number of FDIC-Insured “Problem” Institutions
FDIC Quarterly 5 2011, Volume 5, No. 2

Quarterly Banking Profile

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

Return on assets (%)������������������������������������������������������������������������������������������������������ 0.87 0.53 0.65 -0.07 0.03 0.

Return on equity (%)������������������������������������������������������������������������������������������������������� 7.75 4.87 5.90 -0.71 0.35 7.7

Core capital (leverage) ratio (%) ������������������������������������������������������������������������������������ 9.14 8.54 8.89 8.60 7.47 7.

Noncurrent assets plus other real estate owned to assets (%) ������������������������������������ 2.95 3.44 3.11 3.36 1.91 0.

Net charge-offs to loans (%) ������������������������������������������������������������������������������������������ 1.82 2.88 2.55 2.52 1.29 0.

Asset growth rate (%) ����������������������������������������������������������������������������������������������������� 0.59 -1.40 1.78 -5.45 6.19 9.

Net interest margin (%)��������������������������������������������������������������������������������������������������� 3.66 3.84 3.76 3.49 3.16 3.

Net operating income growth (%)����������������������������������������������������������������������������������� 78.81 352.07 1653.91 -154.33 -90.71 -27.

Number of institutions reporting������������������������������������������������������������������������������������� 7,574 7,934 7,658 8,012 8,305 8,534 8,680

Commercial banks��������������������������������������������������������������������������������������������������� 6,453 6,773 6,530 6,840 7,087 7,284 7,401

Savings institutions ������������������������������������������������������������������������������������������������� 1,121 1,161 1,128 1,172 1,218 1,250 1,279

Percentage of unprofitable institutions (%)�������������������������������������������������������������������� 15.36 19.31 21.81 30.8 24.89 12.

Number of problem institutions �������������������������������������������������������������������������������������� 888 775 884 702 252 76 50

Assets of problem institutions (in billions) ��������������������������������������������������������������������� $397 $431 $390 $403 $159 $22 $8

Number of failed institutions������������������������������������������������������������������������������������������� 26 41 157 140 25 3 0

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

* Excludes insured branches of foreign banks (IBAs)

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

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

(dollar figures in millions) 1st Quarter

2011

4th Quarter

2010

1st Quarter

2010

%Change 

10Q1-11Q1

Number of institutions reporting������������������������������������������������������������������������������������� 7,574 7,658 7,934 -4.

Total employees (full-time equivalent)��������������������������������������������������������������������������� 2,092,877 2,086,582 2,027,245 3.

CONDITION DATA

Total assets��������������������������������������������������������������������������������������������������������������������� $13,414,655 $13,319,971 $13,336,249 0.

Loans secured by real estate���������������������������������������������������������������������������������� 4,158,538 4,266,518 4,401,820 -5.

 1-4 family residential mortgages ��������������������������������������������������������������������� 1,833,798 1,897,610 1,887,145 -2.

 Nonfarm nonresidential������������������������������������������������������������������������������������ 1,064,489 1,070,659 1,091,364 -2.

 Construction and development 295,511 321,438 418,028 -29.

 Home equity lines��������������������������������������������������������������������������������������������� 623,994 636,903 659,712 -5.

Commercial & industrial loans �������������������������������������������������������������������������������� 1,204,518 1,186,467 1,176,799 2.

Loans to individuals������������������������������������������������������������������������������������������������� 1,275,196 1,317,602 1,366,177 -6.

 Credit cards ������������������������������������������������������������������������������������������������������ 663,194 702,058 712,776 -7.

Farm loans��������������������������������������������������������������������������������������������������������������� 55,025 59,329 55,740 -1.

Other loans & leases����������������������������������������������������������������������������������������������� 557,462 547,841 504,892 10.

Less: Unearned income ������������������������������������������������������������������������������������������ 1,995 2,441 2,711 -26.

Total loans & leases ������������������������������������������������������������������������������������������������ 7,248,745 7,375,316 7,502,717 -3.

Less: Reserve for losses����������������������������������������������������������������������������������������� 218,158 231,154 263,105 -17.

Net loans and leases����������������������������������������������������������������������������������������������� 7,030,587 7,144,163 7,239,612 -2.

Securities����������������������������������������������������������������������������������������������������������������� 2,723,194 2,667,711 2,531,621 7.

Other real estate owned������������������������������������������������������������������������������������������ 52,376 52,676 46,306 13.

Goodwill and other intangibles ������������������������������������������������������������������������������� 394,475 393,750 404,591 -2.

All other assets�������������������������������������������������������������������������������������������������������� 3,214,024 3,061,671 3,114,118 3.

Total liabilities and capital ���������������������������������������������������������������������������������������������� 13,414,655 13,319,971 13,336,249 0.

Deposits������������������������������������������������������������������������������������������������������������������� 9,601,757 9,422,958 9,198,799 4.

 Domestic office deposits���������������������������������������������������������������������������������� 7,990,506 7,873,135 7,692,355 3.

 Foreign office deposits������������������������������������������������������������������������������������� 1,611,252 1,549,823 1,506,444 7.

Other borrowed funds ��������������������������������������������������������������������������������������������� 1,629,745 1,718,333 2,052,564 -20.

Subordinated debt��������������������������������������������������������������������������������������������������� 139,860 146,833 150,540 -7.

All other liabilities ���������������������������������������������������������������������������������������������������� 514,006 519,548 475,259 8.

Total equity capital (includes minority interests)���������������������������������������������������� 1,529,286 1,512,298 1,459,088 4.

 Bank equity capital������������������������������������������������������������������������������������������� 1,510,503 1,485,442 1,439,423 4.

Loans and leases 30-89 days past due������������������������������������������������������������������������� 110,513 118,390 144,461 -23.

Noncurrent loans and leases ����������������������������������������������������������������������������������������� 341,697 358,719 409,871 -16.

Restructured loans and leases �������������������������������������������������������������������������������������� 110,107 87,487 64,426 70.

Mortgage-backed securities ������������������������������������������������������������������������������������������ 1,519,194 1,484,703 1,387,008 9.

Earning assets���������������������������������������������������������������������������������������������������������������� 11,643,457 11,555,391 11,554,212 0.

FHLB Advances�������������������������������������������������������������������������������������������������������������� 357,952 386,504 480,359 -25.

Unused loan commitments��������������������������������������������������������������������������������������������� 5,779,802 5,658,421 6,102,602 -5.

Trust assets��������������������������������������������������������������������������������������������������������������������� 19,980,826 19,341,650 18,115,247 10.

Assets securitized and sold***��������������������������������������������������������������������������������������� 976,910 967,307 996,881 -2.

Notional amount of derivatives***���������������������������������������������������������������������������������� 246,083,864 232,210,712 218,807,591 12.

INCOME DATA

Full Year 

2010

Full Year

 2009 %Change

1st Quarter 

2011

1st Quarter 

2010

%Change 

10Q1-11Q1

Total interest income ������������������������������������������������������������������� $536,917 $541,170 -0.8 $129,438 $138,521 -6

Total interest expense ����������������������������������������������������������������� 106,882 143,509 -25.5 23,238 29,091 -20

Net interest income �������������������������������������������������������������� 430,035 397,661 8.1 106,200 109,429 -3

Provision for loan and lease losses �������������������������������������������� 157,579 249,598 -36.9 20,700 51,560 -59

Total noninterest income ������������������������������������������������������������� 236,715 260,635 -9.2 58,623 60,866 -3

Total noninterest expense ����������������������������������������������������������� 392,694 406,114 -3.3 102,228 95,339 7

Securities gains (losses)������������������������������������������������������������� 9,116 -1,629 N/M -124 1,592 N/M

Applicable income taxes ������������������������������������������������������������� 38,283 6,164 521.1 12,714 7,436 71

Extraordinary gains, net�������������������������������������������������������������� -450 -3,787 88.1 106 58 83

Total net income (includes minority interests)��������������������� 86,860 -8,994 N/M 29,163 17,611 65.

 Bank net income������������������������������������������������������������ 86,206 -9,795 N/M 29,003 17,418 66.

Net charge-offs���������������������������������������������������������������������������� 187,504 188,824 -0.7 33,305 53,252 -37

Cash dividends ���������������������������������������������������������������������������� 53,895 47,189 14.2 15,101 4,374 245

Retained earnings ����������������������������������������������������������������������� 32,311 -56,984 N/M 13,902 13,044 6.

Net operating income����������������������������������������������������������� 80,280 -5,166 N/M 29,237 16,351 78.

*** Call Report filers only. N/M - Not Meaningf
FDIC Quarterly 6 2011, Volume 5, No. 2

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

Asset Concentration Groups*

First Qu

(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����������������������� 7,574 21 4 1,531 3,983 700 72 355 844 64

Commercial banks������������������������������������� 6,453 17 4 1,527 3,553 168 55 327 750 52

Savings institutions ����������������������������������� 1,121 4 0 4 430 532 17 28 94 12

Total assets (in billions)������������������������������������ $13,414.7 $676.3 $3,164.6 $200.3 $4,087.1 $798.9 $118.4 $51.9 $137.

Commercial banks������������������������������������� 12,157.3 651.1 3,164.6 199.8 3,619.6 233.4 49.7 46.4 111

Savings institutions ����������������������������������� 1,257.3 25.2 0.0 0.5 467.4 565.5 68.7 5.5

Total deposits (in billions)��������������������������������� 9,601.8 290.6 2,111.7 167.5 3,155.9 569.5 96.5 41.1 114

Commercial banks������������������������������������� 8,674.6 275.0 2,111.7 167.1 2,824.5 141.6 39.0 37.1 94

Savings institutions ����������������������������������� 927.2 15.6 0.0 0.4 331.4 427.9 57.5 4.0

Bank net income (in millions) ��������������������������� 29,003 6,364 4,643 524 6,283 984 387 170 277 9,371

Commercial banks������������������������������������� 27,147 5,869 4,643 523 5,494 848 249 113 256 9,153

Savings institutions ����������������������������������� 1,855 495 0 1 789 136 138 57 21 218

Performance Ratios (annualized, %

Yield on earning assets������������������������������������ 4.47 12.20 3.25 4.87 4.70 4.21 5.52 3.65

Cost of funding earning assets ������������������������ 0.80 1.29 0.71 1.06 0.92 1.14 1.16 0.84

Net interest margin������������������������������������ 3.66 10.92 2.53 3.80 3.78 3.06 4.35 2.81

Noninterest income to assets��������������������������� 1.76 2.78 1.98 0.60 1.22 0.79 1.57 5.45

Noninterest expense to assets������������������������� 3.06 4.82 2.89 2.62 3.05 2.44 2.68 6.08

Loan and lease loss provision to assets���������� 0.62 2.01 0.29 0.26 0.69 0.53 0.99 0.19

Net operating income to assets ����������������������� 0.88 3.62 0.72 1.04 0.59 0.46 1.33 1.30

Pretax return on assets ������������������������������������ 1.25 5.70 0.80 1.23 0.87 0.73 2.05 1.78

Return on assets����������������������������������������������� 0.87 3.68 0.60 1.05 0.62 0.49 1.33 1.33

Return on equity ����������������������������������������������� 7.75 23.80 6.79 9.64 5.33 4.80 12.28 8.71

Net charge-offs to loans and leases���������������� 1.82 6.67 1.96 0.30 1.32 0.97 1.77 0.74

Loan and lease loss provision to 

net charge-offs ������������������������������������������ 62.15 35.20 43.81 136.56 78.25 94.54 75.04 87.50 13

Efficiency ratio �������������������������������������������������� 60.75 36.55 69.27 63.51 65.69 66.39 46.16 75.34 7

% of unprofitable institutions���������������������������� 15.36 4.76 0.00 5.62 21.11 15.14 6.94 10.99

% of institutions with earnings gains���������������� 56.15 90.48 0.00 55.26 58.80 50.71 44.44 46.76 5

Condition Ratios (%

Earning assets to total assets �������������������������� 86.80 88.86 85.01 91.68 88.79 93.19 94.56 91.28 9

Loss allowance to:

Loans and leases �������������������������������������� 3.01 7.57 3.68 1.63 2.43 1.49 2.39 1.86

Noncurrent loans and leases �������������������� 63.85 374.40 66.07 83.77 57.85 33.71 159.99 81.44 6

Noncurrent assets plus

other real estate owned to assets������������� 2.95 1.72 2.02 1.64 3.58 2.92 1.22 0.93

Equity capital ratio�������������������������������������������� 11.26 16.03 8.72 10.96 11.62 10.29 10.81 15.15 1

Core capital (leverage) ratio ���������������������������� 9.14 13.39 7.13 9.94 9.87 9.49 10.50 14.01 

Tier 1 risk-based capital ratio��������������������������� 13.04 15.27 11.90 14.44 12.98 19.94 14.36 31.37 1

Total risk-based capital ratio ���������������������������� 15.54 17.57 15.02 15.61 14.97 21.07 15.53 32.42 1

Net loans and leases to deposits��������������������� 73.22 182.87 48.02 71.28 84.45 78.75 87.12 34.92 6

Net loans to total assets ���������������������������������� 52.41 78.57 32.05 59.60 65.21 56.13 71.03 27.67 5

Domestic deposits to total assets �������������������� 59.57 39.51 33.03 83.62 76.07 71.19 81.35 78.14 8

Structural Change

New charters ��������������������������������������������� 1 0 0 0 1 0 0 0 0 0

Institutions absorbed by mergers ������������� 56 0 0 9 38 1 2 1 3 2

Failed institutions �������������������������������������� 26 0 0 2 24 0 0 0 0 0

PRIOR First 

(The way it was...)

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

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

������������������������������������� 2006 8,790 30 4 1,647 4,629 864 120 436 1,001 59

Total assets (in billions)����������������������������2010 $13,336.3 $725.0 $3,157.3 $181.1 $4,498.0 $776.9 $95.0 $40.7 $126.

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

������������������������������������� 2006 11,209.8 370.2 1,972.3 140.3 3,844.9 1,745.6 98.6 50.0 128

Return on assets (%)��������������������������������2010 0.53 0.70 0.75 0.95 0.16 0.78 1.41 1.20

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

������������������������������������� 2006 1.34 4.57 1.16 1.26 1.35 1.05 2.19 -1.31

Net charge-offs to loans & leases (%) �����2010 2.88 14.26 2.75 0.45 1.89 1.20 2.69 0.54

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

������������������������������������� 2006 0.32 2.95 0.53 0.09 0.17 0.11 0.95 0.16

Noncurrent assets plus 

OREO to assets (%) ��������������������������2010 3.44 2.77 2.64 1.66 4.01 3.14 1.29 0.69

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

������������������������������������� 2006 0.48 1.17 0.42 0.67 0.49 0.55 0.51 0.23

Equity capital ratio (%)������������������������������2010 10.79 13.47 8.77 11.23 10.76 9.76 10.52 16.99 1

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

������������������������������������� 2006 10.38 27.22 7.95 10.81 10.28 10.81 9.63 19.39 

* See Table V-A (page 10) for explanations
FDIC Quarterly 7 2011, Volume 5, No. 2

Quarterly Banking Profile

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

Asset Size Distribution Geographic Region

First q

(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����������������������������� 7,574 2,574 4,330 563 107 943 1,009 1,581 1,811 1,580 650

Commercial banks������������������������������������������� 6,453 2,277 3,659 431 86 489 892 1,302 1,713 1,465 592

Savings institutions ����������������������������������������� 1,121 297 671 132 21 454 117 279 98 115 58

Total assets (in billions)������������������������������������������ $13,414.7 $147.2 $1,284.3 $1,429.1 $10,554.1 $2,709.2 $2,912.9 $3,048.2 $1,680.3 $788

Commercial banks������������������������������������������� 12,157.3 130.4 1,050.6 1,094.0 9,882.4 2,039.4 2,791.1 2,924.4 1,625.7 69

Savings institutions ����������������������������������������� 1,257.3 16.8 233.8 335.1 671.7 669.8 121.9 123.8 54.6

Total deposits (in billions)��������������������������������������� 9,601.8 124.9 1,067.7 1,103.5 7,305.7 1,853.0 2,153.9 2,114.4 1,251.1 63

Commercial banks������������������������������������������� 8,674.6 111.5 881.7 846.1 6,835.2 1,370.8 2,062.5 2,020.5 1,208.0 56

Savings institutions ����������������������������������������� 927.2 13.4 186.0 257.3 470.5 482.2 91.4 93.9 43.1

Bank net income (in millions) ��������������������������������� 29,003 212 1,775 2,617 24,399 6,989 4,497 5,108 5,073 1,823 5,512

Commercial banks������������������������������������������� 27,147 205 1,531 2,144 23,267 6,671 4,374 5,059 4,986 1,606 4,451

Savings institutions ����������������������������������������� 1,855 7 244 472 1,132 319 123 48 87 217 1,061

Performance Ratios (annualized, %

Yield on earning assets������������������������������������������ 4.47 4.89 4.88 4.82 4.35 5.00 4.26 3.60 5.3

Cost of funding earning assets ������������������������������ 0.80 1.06 1.13 1.02 0.72 0.94 0.71 0.72 0.6

Net interest margin������������������������������������������ 3.66 3.83 3.75 3.80 3.63 4.05 3.55 2.88 4.6

Noninterest income to assets��������������������������������� 1.76 1.10 0.94 1.20 1.94 1.68 1.70 1.92 2.0

Noninterest expense to assets������������������������������� 3.06 3.62 3.18 2.92 3.06 3.12 3.06 3.02 3.4

Loan and lease loss provision to assets���������������� 0.62 0.29 0.50 0.68 0.63 0.56 0.86 0.47 0.8

Net operating income to assets ����������������������������� 0.88 0.56 0.53 0.71 0.94 1.01 0.56 0.68 1.2

Pretax return on assets ������������������������������������������ 1.25 0.69 0.73 1.06 1.35 1.58 0.85 0.94 1.7

Return on assets����������������������������������������������������� 0.87 0.58 0.56 0.73 0.93 1.04 0.62 0.68 1.2

Return on equity ����������������������������������������������������� 7.75 4.98 5.40 6.46 8.22 8.18 5.25 7.91 10.5

Net charge-offs to loans and leases���������������������� 1.82 0.41 0.75 1.32 2.09 2.29 1.81 1.41 2.0

Loan and lease loss provision to 

net charge-offs ������������������������������������������������ 62.15 121.63 102.22 81.67 57.77 44.11 84.61 71.68 61.99 

Efficiency ratio �������������������������������������������������������� 60.75 78.69 72.27 62.01 59.15 58.05 64.34 67.39 54.33 

% of unprofitable institutions���������������������������������� 15.36 17.87 14.32 12.97 9.35 13.36 30.62 14.10 10.93 

% of institutions with earnings gains���������������������� 56.15 53.03 56.17 67.50 71.03 56.73 51.64 56.29 56.16 

Condition Ratios (%

Earning assets to total assets ��������������������������������� 86.80 91.16 91.51 90.54 85.66 87.49 84.12 87.03 87.16 

Loss allowance to:

Loans and leases ��������������������������������������������� 3.01 1.77 1.92 2.24 3.32 3.03 3.03 3.09 3.3

Noncurrent loans and leases ��������������������������� 63.85 67.37 54.20 52.20 66.50 88.58 49.58 59.45 64.53 

Noncurrent assets plus

other real estate owned to assets�������������������� 2.95 2.39 3.37 3.47 2.84 2.05 3.97 2.74 4.0

Equity capital ratio��������������������������������������������������� 11.26 11.62 10.32 11.47 11.34 12.74 11.86 8.53 11.59 

Core capital (leverage) ratio ����������������������������������� 9.14 11.24 9.85 10.12 8.89 10.21 8.59 7.22 9.44

Tier 1 risk-based capital ratio���������������������������������� 13.04 17.91 14.54 14.97 12.55 14.99 11.74 10.85 11.79 

Total risk-based capital ratio ����������������������������������� 15.54 19.04 15.76 16.27 15.37 17.05 14.78 14.03 14.22 

Net loans and leases to deposits���������������������������� 73.22 67.51 75.72 79.56 72.00 77.48 73.85 63.66 85.83 

Net loans to total assets ����������������������������������������� 52.41 57.31 62.95 61.43 49.84 52.99 54.61 44.16 63.91 

Domestic deposits to total assets ��������������������������� 59.57 84.88 83.06 76.72 54.03 60.09 65.29 53.63 68.89 

Structural Change

New charters ��������������������������������������������������� 1 0 1 0 0 0 1 0 0 0 0

Institutions absorbed by mergers ������������������� 56 19 31 6 0 4 2 15 16 16 3

Failed institutions �������������������������������������������� 26 5 19 2 0 0 10 7 0 5 4

PRIOR First 

(The way it was...)

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

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

������������������������������������������� 2006 8,790 3,826 4,334 511 119 1,106 1,225 1,863 2,055 1,783 758

Total assets (in billions)����������������������������������2010 $13,336.3 $155.4 $1,339.9 $1,478.1 $10,362.8 $2,671.8 $2,989.0 $2,978.4 $1,664.4 $786

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

������������������������������������������� 2006 11,209.8 199.0 1,259.4 1,395.6 8,355.8 2,866.2 2,759.4 2,604.0 819.6 62

Return on assets (%)��������������������������������������2010 0.53 0.46 0.38 0.19 0.60 0.56 0.27 0.48 0.6

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

������������������������������������������� 2006 1.34 0.95 1.11 1.30 1.39 1.29 1.33 1.10 1.5

Net charge-offs to loans & leases (%) �����������2010 2.88 0.65 0.88 1.77 3.46 4.10 2.73 2.35 3.2

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

������������������������������������������� 2006 0.32 0.12 0.12 0.18 0.39 0.47 0.16 0.23 0.3

Noncurrent assets plus 

OREO to assets (%) ��������������������������������2010 3.44 2.31 3.38 3.69 3.43 2.46 4.18 3.23 4.7

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

������������������������������������������� 2006 0.48 0.69 0.52 0.44 0.48 0.40 0.31 0.53 0.8

Equity capital ratio (%)������������������������������������2010 10.79 11.96 10.04 10.87 10.86 11.92 11.29 8.55 11.51 

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

������������������������������������������� 2006 10.38 12.29 10.28 10.78 10.28 11.15 9.77 9.02 10.48 

* See Table V-A (page 11) for explanations
FDIC Quarterly 8 2011, Volume 5, No. 2

TABLE IV-A. Full Year 2010, All FDIC-Insured Institutions

Asset Concentration Groups*

Full 

(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����������������������� 7,658 22 4 1,559 4,085 718 73 314 815 68

Commercial banks������������������������������������� 6,530 18 4 1,555 3,640 182 59 286 732 54

Savings institutions ����������������������������������� 1,128 4 0 4 445 536 14 28 83 14

Total assets (in billions)������������������������������������ $13,320.0 $705.4 $3,038.1 $199.8 $4,097.6 $789.0 $114.4 $42.9 $132.

Commercial banks������������������������������������� 12,066.4 678.1 3,038.1 199.3 3,631.3 235.3 49.7 37.3 109

Savings institutions ����������������������������������� 1,253.6 27.4 0.0 0.5 466.3 553.7 64.7 5.6 

Total deposits (in billions)��������������������������������� 9,423.0 297.2 2,009.5 165.9 3,147.7 544.0 91.1 33.5 110

Commercial banks������������������������������������� 8,514.4 281.4 2,009.5 165.5 2,822.3 132.2 38.2 29.4 91

Savings institutions ����������������������������������� 908.6 15.8 0.0 0.4 325.4 411.8 52.9 4.1

Bank net income (in millions) ��������������������������� 86,206 12,056 21,828 1,901 8,837 5,317 1,433 624 911 33,300

Commercial banks������������������������������������� 77,948 10,914 21,828 1,898 6,451 2,701 922 365 975 31,893

Savings institutions ����������������������������������� 8,258 1,141 0 3 2,386 2,616 511 260 -64 1,406

Performance Ratios (annualized, %

Yield on earning assets������������������������������������ 4.70 13.57 3.42 5.22 4.89 4.36 5.80 3.79

Cost of funding earning assets ������������������������ 0.94 1.48 0.71 1.30 1.13 1.34 1.37 0.98

Net interest margin������������������������������������ 3.76 12.09 2.71 3.93 3.76 3.02 4.43 2.81

Noninterest income to assets��������������������������� 1.79 2.99 2.00 0.65 1.27 0.76 1.88 6.68

Noninterest expense to assets������������������������� 2.97 4.63 2.82 2.68 3.05 1.78 2.78 7.26

Loan and lease loss provision to assets���������� 1.19 6.32 0.62 0.46 1.25 0.75 1.29 0.22

Net operating income to assets ����������������������� 0.61 1.77 0.64 0.96 0.16 0.67 1.28 1.29

Pretax return on assets ������������������������������������ 0.94 2.74 0.95 1.12 0.37 1.08 2.01 1.95

Return on assets����������������������������������������������� 0.65 1.82 0.72 0.98 0.22 0.68 1.28 1.48

Return on equity ����������������������������������������������� 5.90 11.83 8.08 8.84 1.92 6.95 11.96 9.15

Net charge-offs to loans and leases���������������� 2.55 10.83 2.29 0.59 1.90 1.14 2.36 0.64

Loan and lease loss provision to 

net charge-offs ������������������������������������������ 84.04 69.06 75.96 122.88 96.27 110.05 72.49 124.09 12

Efficiency ratio �������������������������������������������������� 57.22 31.86 65.15 62.64 64.44 49.15 44.96 77.38 7

% of unprofitable institutions���������������������������� 21.81 9.09 0.00 7.06 31.63 16.43 5.48 14.33 

% of institutions with earnings gains���������������� 66.51 100.00 75.00 65.75 66.88 72.42 83.56 50.64 6

Condition Ratios (%

Earning assets to total assets �������������������������� 86.75 88.75 84.36 91.62 88.77 93.53 96.20 90.96 9

Loss allowance to:

Loans and leases �������������������������������������� 3.13 8.19 3.96 1.57 2.47 1.45 2.50 1.85

Noncurrent loans and leases �������������������� 64.44 372.36 62.79 84.98 57.35 34.16 173.56 87.85 6

Noncurrent assets plus

other real estate owned to assets������������� 3.11 1.90 2.38 1.62 3.71 2.89 1.22 0.81

Equity capital ratio�������������������������������������������� 11.15 14.96 8.93 10.86 11.42 10.06 11.00 16.32 1

Core capital (leverage) ratio ���������������������������� 8.89 12.76 6.96 9.92 9.60 9.38 10.50 14.65 

Tier 1 risk-based capital ratio��������������������������� 12.71 14.24 11.87 13.97 12.59 19.19 14.12 34.59 1

Total risk-based capital ratio ���������������������������� 15.28 16.91 15.03 15.13 14.59 20.25 15.29 35.63 1

Net loans and leases to deposits��������������������� 75.82 188.43 50.17 74.85 86.24 84.64 92.76 33.80 6

Net loans to total assets ���������������������������������� 53.63 79.39 33.18 62.15 66.25 58.35 73.88 26.36 5

Domestic deposits to total assets �������������������� 59.11 37.91 33.27 83.03 75.40 68.85 79.53 76.67 8

Structural Change

New charters ��������������������������������������������� 11 0 0 0 6 1 0 2 0 2

Institutions absorbed by mergers ������������� 197 0 0 35 119 28 0 0 6 9

Failed institutions �������������������������������������� 157 0 0 3 143 6 1 1 2 1

PRIOR Full

(The way it was...)

Number of institutions ����������������������������� 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

������������������������������������� 2005 8,833 33 4 1,685 4,617 886 125 425 995 63

Total assets (in billions)��������������������������� 2009 $13,087.0 $501.6 $3,107.1 $182.0 $4,546.9 $810.1 $96.5 $38.0 $116.

������������������������������������� 2007 13,033.9 479.2 2,784.3 157.5 4,619.0 1,328.1 94.9 37.8 110

������������������������������������� 2005 10,879.3 359.1 1,851.2 142.3 4,257.3 1,647.2 117.3 47.7 128

Return on assets (%)������������������������������� 2009 -0.07 -4.51 0.08 0.81 -0.42 0.65 0.33 0.74

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

������������������������������������� 2005 1.28 2.90 0.86 1.27 1.36 1.07 1.55 2.18

Net charge-offs to loans & leases (%) ���� 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

������������������������������������� 2005 0.49 4.64 0.87 0.18 0.23 0.12 1.44 0.26

Noncurrent assets plus 

OREO to assets (%) ������������������������� 2009 3.36 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

������������������������������������� 2005 0.50 1.32 0.46 0.61 0.48 0.56 0.51 0.24

Equity capital ratio (%)����������������������������� 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

������������������������������������� 2005 10.28 21.51 8.30 10.55 10.83 9.40 10.11 19.47 

* See Table V-A (page 10) for explanations
FDIC Quarterly 9 2011, Volume 5, No. 2

Quarterly Banking Profile

TABLE IV-A. Full Year 2010, All FDIC-Insured Institutions 

Asset Size Distribution Geographic Region

Full 

(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����������������������������� 7,658 2,625 4,367 559 107 949 1,022 1,602 1,825 1,601 659

Commercial banks������������������������������������������� 6,530 2,328 3,693 423 86 492 905 1,321 1,728 1,484 600

Savings institutions ����������������������������������������� 1,128 297 674 136 21 457 117 281 97 117 59

Total assets (in billions)������������������������������������������ $13,320.0 $148.6 $1,292.0 $1,430.2 $10,449.1 $2,694.9 $2,930.1 $2,950.2 $1,686.6 $789

Commercial banks������������������������������������������� 12,066.4 132.2 1,059.0 1,089.0 9,786.2 2,027.0 2,806.8 2,825.0 1,635.8 69

Savings institutions ����������������������������������������� 1,253.6 16.5 233.0 341.3 662.9 667.9 123.3 125.2 50.8

Total deposits (in billions)��������������������������������������� 9,423.0 125.4 1,069.5 1,101.5 7,126.6 1,809.1 2,128.2 2,033.9 1,245.4 63

Commercial banks������������������������������������������� 8,514.4 112.3 884.8 841.0 6,676.3 1,338.0 2,036.0 1,939.9 1,206.2 56

Savings institutions ����������������������������������������� 908.6 13.1 184.7 260.5 450.3 471.1 92.2 94.0 39.2

Bank net income (in millions) ��������������������������������� 86,206 421 3,585 3,057 79,144 20,201 10,469 17,671 14,141 5,414 18,310

Commercial banks������������������������������������������� 77,948 418 2,943 1,711 72,877 16,108 10,453 17,865 13,922 4,598 15,003

Savings institutions ����������������������������������������� 8,258 3 642 1,346 6,267 4,094 16 -194 220 816 3,307

Performance Ratios (annualized, %

Yield on earning assets������������������������������������������ 4.70 5.18 5.17 4.90 4.60 5.40 4.39 3.80 5.7

Cost of funding earning assets ������������������������������ 0.94 1.30 1.38 1.24 0.83 1.12 0.88 0.79 0.8

Net interest margin������������������������������������������ 3.76 3.88 3.78 3.65 3.77 4.28 3.51 3.01 4.9

Noninterest income to assets��������������������������������� 1.79 1.28 0.97 1.27 1.97 1.67 1.65 2.01 2.2

Noninterest expense to assets������������������������������� 2.97 3.91 3.22 2.95 2.93 2.86 2.91 3.03 3.5

Loan and lease loss provision to assets���������������� 1.19 0.56 0.86 1.18 1.24 1.43 1.24 0.88 1.7

Net operating income to assets ����������������������������� 0.61 0.25 0.22 0.19 0.72 0.74 0.28 0.51 0.8

Pretax return on assets ������������������������������������������ 0.94 0.39 0.42 0.48 1.08 1.13 0.55 0.82 1.2

Return on assets����������������������������������������������������� 0.65 0.29 0.28 0.21 0.76 0.76 0.36 0.60 0.8

Return on equity ����������������������������������������������������� 5.90 2.39 2.74 1.94 6.85 6.15 3.11 6.83 7.3

Net charge-offs to loans and leases���������������������� 2.55 0.79 1.11 1.80 2.93 3.57 2.42 2.02 2.8

Loan and lease loss provision to 

net charge-offs ������������������������������������������������ 84.04 115.56 115.74 101.85 80.20 71.63 90.64 90.41 90.09 1

Efficiency ratio �������������������������������������������������������� 57.22 80.51 71.60 62.06 54.81 51.14 61.17 64.66 50.73 

% of unprofitable institutions���������������������������������� 21.81 22.74 21.39 22.54 12.15 15.81 43.64 20.35 14.79 

% of institutions with earnings gains���������������������� 66.51 62.32 68.31 69.95 77.57 75.45 62.23 67.23 65.97 

Condition Ratios (%

Earning assets to total assets ��������������������������������� 86.75 91.15 91.61 90.65 85.56 87.34 84.50 86.50 87.47 

Loss allowance to:

Loans and leases ��������������������������������������������� 3.13 1.71 1.90 2.27 3.49 3.30 3.07 3.16 3.4

Noncurrent loans and leases ��������������������������� 64.44 65.51 53.38 51.79 67.36 93.90 50.74 57.74 64.66 

Noncurrent assets plus

other real estate owned to assets�������������������� 3.11 2.38 3.43 3.56 3.02 2.14 3.93 2.98 4.2

Equity capital ratio��������������������������������������������������� 11.15 11.71 10.17 11.21 11.26 12.58 11.61 8.71 11.33 

Core capital (leverage) ratio ����������������������������������� 8.89 11.28 9.65 9.83 8.63 9.88 8.28 7.16 9.13

Tier 1 risk-based capital ratio���������������������������������� 12.71 17.72 14.10 14.45 12.23 14.41 11.50 10.70 11.29 

Total risk-based capital ratio ����������������������������������� 15.28 18.84 15.32 15.78 15.16 16.69 14.66 13.90 13.76 

Net loans and leases to deposits���������������������������� 75.82 70.08 78.01 80.60 74.85 80.42 75.40 66.83 89.14 

Net loans to total assets ����������������������������������������� 53.63 59.11 64.58 62.07 51.05 53.99 54.77 46.07 65.82 

Domestic deposits to total assets ��������������������������� 59.11 84.36 82.70 76.46 53.46 59.40 63.91 54.43 67.96 

Structural Change

New charters ��������������������������������������������������� 11 2 2 6 1 2 3 1 2 2 1

Institutions absorbed by mergers ������������������� 197 69 108 18 2 22 44 17 43 52 19

Failed institutions �������������������������������������������� 157 36 102 18 1 14 56 25 18 7 37

PRIOR Full

(The way it was...)

Number of institutions ����������������������������������� 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

��������������������������������������������2005 8,833 3,864 4,339 512 118 1,110 1,227 1,874 2,070 1,791 761

Total assets (in billions)��������������������������������� 2009 $13,087.0 $158.9 $1,354.4 $1,461.6 $10,112.1 $2,567.3 $3,427.3 $2,934.4 $1,145.6 $784

��������������������������������������������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

��������������������������������������������2005 10,879.3 200.8 1,247.6 1,394.3 8,036.7 2,769.2 2,683.9 2,505.8 803.7 60

Return on assets (%)������������������������������������� 2009 -0.07 -0.05 -0.10 -0.36 -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

��������������������������������������������2005 1.28 0.99 1.24 1.28 1.29 1.21 1.36 0.99 1.6

Net charge-offs to loans & leases (%) ���������� 2009 2.52 0.88 1.25 1.90 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

��������������������������������������������2005 0.49 0.20 0.19 0.24 0.60 0.80 0.23 0.33 0.5

Noncurrent assets plus 

OREO to assets (%) ������������������������������� 2009 3.36 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

��������������������������������������������2005 0.50 0.69 0.52 0.44 0.50 0.44 0.30 0.54 0.8

Equity capital ratio (%)����������������������������������� 2009 10.88 11.96 9.86 10.73 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 

��������������������������������������������2005 10.28 12.16 10.20 10.66 10.18 10.53 9.80 9.23 10.45 

* See Table V-A (page 11) for explanations
FDIC Quarterly 10 2011, Volume 5, No. 2

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

Asset Concentration Groups*

March 31, 2011 All Insured 

Institutions

Credit 

Card 

Banks

International 

Banks

Agricultural 

Banks

Commercial 

Lenders

Mortgage 

Lenders

Consumer 

Lenders

Other 

Specialized

<$1 Billion

All Other 

<$1 

Billion

All Other 

>$1 

Billion

Percent of Loans 30-89 Days Past Due

All loans secured by real estate ��������������������������������������� 1.88 1.51 2.46 1.29 1.51 1.57 1.11 1.55

Construction and development��������������������������������� 2.23 0.00 2.62 2.11 2.23 2.25 2.37 1.20

Nonfarm nonresidential��������������������������������������������� 1.14 0.00 0.78 1.13 1.18 1.26 0.51 1.33

Multifamily residential real estate ����������������������������� 1.02 0.00 0.45 0.75 1.12 1.06 0.05 0.31

Home equity loans����������������������������������������������������� 1.12 1.29 1.63 0.56 0.86 0.69 0.98 0.80

Other 1-4 family residential��������������������������������������� 2.67 1.94 3.64 1.72 2.02 1.69 1.33 1.98

Commercial and industrial loans ������������������������������������� 0.65 2.09 0.47 1.33 0.75 0.87 0.84 1.24

Loans to individuals���������������������������������������������������������� 1.72 1.79 2.01 1.57 1.48 0.87 1.42 1.88

Credit card loans ������������������������������������������������������� 1.77 1.75 2.49 1.05 1.12 1.50 0.89 1.86

Other loans to individuals ����������������������������������������� 1.66 2.74 1.75 1.58 1.53 0.82 1.64 1.89

All other loans and leases (including farm) ��������������������� 0.40 0.01 0.28 0.83 0.52 0.61 0.88 0.46

Total loans and leases������������������������������������������������������ 1.52 1.75 1.59 1.21 1.31 1.52 1.31 1.49

Percent of Loans Noncurrent**

All real estate loans ���������������������������������������������������������� 7.01 5.94 9.85 2.48 5.36 4.64 1.50 2.77

Construction and development.................................. 15.99 0.00 

Nonfarm nonresidential��������������������������������������������� 4.29 0.00 5.73 3.16 4.05 3.97 2.71 2.65

Multifamily residential real estate ����������������������������� 3.62 0.00 2.87 4.10 3.68 2.80 3.96 0.90

Home equity loans����������������������������������������������������� 1.79 4.69 2.40 1.08 1.39 1.11 0.97 0.73

Other 1-4 family residential��������������������������������������� 9.60 7.77 16.18 1.69 5.12 4.96 1.52 2.10 

Commercial and industrial loans ������������������������������������� 1.90 2.19 2.35 2.11 2.03 2.24 0.61 1.62

Loans to individuals���������������������������������������������������������� 1.65 2.08 1.89 0.69 1.23 0.49 1.54 0.79

Credit card loans ������������������������������������������������������� 2.05 2.03 2.22 0.74 1.95 1.44 1.02 1.21

Other loans to individuals ����������������������������������������� 1.21 3.11 1.72 0.69 1.13 0.41 1.75 0.75

All other loans and leases (including farm) ��������������������� 1.00 0.02 1.38 0.67 1.11 0.33 0.44 0.92

Total loans and leases������������������������������������������������������ 4.71 2.02 5.57 1.95 4.20 4.42 1.48 2.29

Percent of Loans Charged-off (net, YTD)

All real estate loans ���������������������������������������������������������� 1.45 6.09 2.12 0.31 1.40 0.93 1.37 0.45

Construction and development��������������������������������� 3.65 0.00 0.98 1.33 4.26 3.16 0.87 1.35

Nonfarm nonresidential��������������������������������������������� 0.87 0.00 1.63 0.40 0.96 0.42 0.80 0.32

Multifamily residential real estate ����������������������������� 0.79 0.00 1.33 0.65 0.82 0.35 -6.31 0.06

Home equity loans����������������������������������������������������� 2.21 2.62 2.65 1.02 1.46 1.47 2.38 0.46

Other 1-4 family residential��������������������������������������� 1.32 9.13 2.46 0.28 1.09 0.89 0.84 0.44

Commercial and industrial loans ������������������������������������� 1.14 8.17 1.40 0.61 1.12 1.91 4.25 1.52

Loans to individuals���������������������������������������������������������� 4.30 6.81 3.77 0.45 1.60 1.50 1.73 0.60

Credit card loans ������������������������������������������������������� 6.69 6.75 5.52 1.41 5.43 3.16 4.05 3.44

Other loans to individuals ����������������������������������������� 1.34 8.14 2.37 0.34 0.82 1.23 0.59 0.27

All other loans and leases (including farm) ��������������������� 0.44 0.01 0.69 0.00 0.46 0.30 4.54 2.87

Total loans and leases������������������������������������������������������ 1.82 6.67 1.96 0.30 1.31 0.97 1.76 0.74

Loans Outstanding (in billions)

All real estate loans ���������������������������������������������������������� $4,158.5 $0.1 $488.4 $73.2 $1,859.1 $425.7 $23.0 $10.3 $56.

Construction and development��������������������������������� 295.5 0.0 6.9 4.1 198.9 7.8 0.6 0.

Nonfarm nonresidential��������������������������������������������� 1,064.5 0.0 28.6 21.4 744.4 30.9 2.1 3.5 

Multifamily residential real estate ����������������������������� 214.4 0.0 37.6 1.7 128.8 9.7 0.4 0.

Home equity loans����������������������������������������������������� 624.0 0.0 113.2 1.5 199.7 35.7 10.0 0.4

Other 1-4 family residential��������������������������������������� 1,833.8 0.0 249.6 19.0 554.1 340.5 9.8 4.8 

Commercial and industrial loans ������������������������������������� 1,204.5 29.1 200.9 15.8 538.4 12.2 4.1 1.9

Loans to individuals���������������������������������������������������������� 1,275.2 527.6 159.3 5.9 201.0 14.7 59.4 1.7

Credit card loans ������������������������������������������������������� 663.2 505.1 55.6 0.1 25.5 1.1 17.4 0.

Other loans to individuals ����������������������������������������� 612.0 22.5 103.7 5.8 175.5 13.6 42.0 1.6

All other loans and leases (including farm) ��������������������� 612.5 18.1 204.7 26.5 133.8 2.7 0.3 0.8

Total loans and leases (plus unearned income)�������������� 7,250.7 574.9 1,053.3 121.4 2,732.3 455.3 86.7 14.6 75

Memo: Other Real Estate Owned (in millions

All other real estate owned����������������������������������������������� 52,376.0 -5.0 4,664.1 881.5 31,219.2 3,141.3 102.7 140.8 697.

Construction and development��������������������������������� 17,957.5 0.0 4.0 327.4 14,833.7 450.7 22.0 54.5 195

Nonfarm nonresidential��������������������������������������������� 10,719.4 0.0 162.0 290.4 8,106.8 239.4 19.1 41.7 193

Multifamily residential real estate ����������������������������� 2,476.7 0.0 746.0 33.4 1,108.1 51.4 20.6 3.9 

1-4 family residential ������������������������������������������������� 13,279.5 0.2 1,201.1 171.9 6,191.5 1,741.5 39.5 38.0 227

Farmland�������������������������������������������������������������������� 423.2 0.0 0.0 57.9 328.5 3.8 1.5 2.7

GNMA properties������������������������������������������������������� 7,316.1 0.0 2,359.0 0.6 632.0 656.5 0.0 0.0 32

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

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

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

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

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

exceed 25 percent of total assets

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

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

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

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

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

concentrations

** Noncurrent loan rates represent the percentage of loans in each category that are past due 90 days or more or that are in nonaccrual status
FDIC Quarterly 11 2011, Volume 5, No. 2

Quarterly Banking Profile

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

Asset Size Distribution Geographic Region

March 31, 2011 All Insured 

Institutions

Less than 

$100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to 

$10 Billion

Greater 

than 

$10 Billion New York Atlanta Chicago

Kansas 

City Dallas

San

Francisco

Percent of Loans 30-89 Days Past Due 

All loans secured by real estate ������������������������������ 1.88 1.87 1.62 1.32 2.08 1.52 2.09 1.81 2.3

Construction and development������������������������ 2.23 2.31 2.48 2.12 2.17 2.81 1.79 2.54 2.5

Nonfarm nonresidential������������������������������������ 1.14 1.77 1.43 1.08 1.01 1.29 1.21 1.20 1.0

Multifamily residential real estate �������������������� 1.02 1.22 1.21 1.14 0.94 0.97 1.40 0.84 1.2

Home equity loans�������������������������������������������� 1.12 0.97 0.88 0.78 1.17 0.69 1.37 1.26 1.0

Other 1-4 family residential������������������������������ 2.67 2.24 1.84 1.57 2.99 1.78 2.90 2.53 3.9

Commercial and industrial loans ���������������������������� 0.65 1.75 1.31 0.93 0.53 0.89 0.57 0.71 0.7

Loans to individuals������������������������������������������������� 1.72 1.97 1.55 1.73 1.72 1.72 1.87 1.49 2.0

Credit card loans ���������������������������������������������� 1.77 1.17 2.00 1.80 1.76 1.61 1.84 1.54 2.2

Other loans to individuals �������������������������������� 1.66 1.98 1.52 1.70 1.66 2.09 1.88 1.48 1.7

All other loans and leases (including farm) ������������ 0.40 0.88 0.66 0.47 0.37 0.33 0.33 0.49 0.5

Total loans and leases��������������������������������������������� 1.52 1.76 1.53 1.27 1.56 1.42 1.67 1.42 1.8

Percent of Loans Noncurrent** 

All real estate loans ������������������������������������������������� 7.01 3.07 4.03 5.18 8.22 4.77 9.05 7.86 8.2

Construction and development������������������������ 15.99 9.95 12.90 16.76 17.12 18.60 17.93 14.85 14.05 

Nonfarm nonresidential������������������������������������ 4.29 3.48 3.46 4.13 4.81 3.88 5.01 4.42 4.3

Multifamily residential real estate �������������������� 3.62 3.53 3.20 3.82 3.66 2.64 5.69 3.75 3.4

Home equity loans�������������������������������������������� 1.79 1.45 1.37 1.45 1.85 1.20 1.92 1.97 2.2

Other 1-4 family residential������������������������������ 9.60 2.34 2.86 4.12 11.72 4.82 12.27 12.61 12.9

Commercial and industrial loans ���������������������������� 1.90 2.56 2.46 2.41 1.76 2.31 1.52 2.07 1.8

Loans to individuals������������������������������������������������� 1.65 1.03 0.77 1.12 1.71 1.91 1.32 1.38 1.8

Credit card loans ���������������������������������������������� 2.05 0.72 1.54 1.75 2.06 2.02 1.98 2.31 2.2

Other loans to individuals �������������������������������� 1.21 1.03 0.71 0.91 1.28 1.53 0.98 1.12 1.2

All other loans and leases (including farm) ������������ 1.00 0.83 0.86 0.91 1.02 0.29 0.51 0.89 0.9

Total loans and leases��������������������������������������������� 4.71 2.63 3.54 4.29 4.99 3.42 6.10 5.20 5.2

Percent of Loans Charged-off (net, YTD) 

All real estate loans ������������������������������������������������� 1.45 0.40 0.71 1.30 1.68 0.90 1.95 1.53 1.3

Construction and development������������������������ 3.65 1.32 2.42 4.89 3.69 2.76 5.33 4.64 1.8

Nonfarm nonresidential������������������������������������ 0.87 0.44 0.52 0.99 0.99 0.84 0.96 1.23 0.5

Multifamily residential real estate �������������������� 0.79 0.50 0.62 0.82 0.83 0.57 0.95 0.72 0.3

Home equity loans�������������������������������������������� 2.21 0.55 0.70 1.16 2.41 0.95 2.80 1.96 2.9

Other 1-4 family residential������������������������������ 1.32 0.29 0.52 0.74 1.56 0.75 1.54 1.23 1.3

Commercial and industrial loans ���������������������������� 1.14 0.67 0.98 1.27 1.15 1.68 0.68 1.16 1.1

Loans to individuals������������������������������������������������� 4.30 0.49 1.09 1.93 4.57 6.01 3.45 2.12 5.3

Credit card loans ���������������������������������������������� 6.69 2.46 5.93 5.10 6.73 6.91 7.57 5.70 7.8

Other loans to individuals �������������������������������� 1.34 0.37 0.62 0.68 1.47 2.42 0.96 0.84 1.0

All other loans and leases (including farm) ������������ 0.44 0.00 0.33 0.48 0.45 0.13 0.19 0.32 0.2

Total loans and leases��������������������������������������������� 1.82 0.41 0.75 1.32 2.09 2.29 1.81 1.41 2.0

Loans Outstanding (in billions) 

All real estate loans ������������������������������������������������� $4,158.5 $60.1 $645.6 $660.8 $2,792.1 $815.5 $1,019.7 $803.8 $607.9 $3

Construction and development������������������������ 295.5 4.1 66.6 67.4 157.4 43.3 90.6 48.7 41.

Nonfarm nonresidential������������������������������������ 1,064.5 18.0 256.7 268.2 521.6 225.2 232.7 191.6 151.0 

Multifamily residential real estate �������������������� 214.4 1.8 30.8 44.5 137.3 62.4 29.8 62.7 19

Home equity loans�������������������������������������������� 624.0 1.9 35.8 47.9 538.4 89.1 178.3 155.6 110.

Other 1-4 family residential������������������������������ 1,833.8 26.1 222.3 220.6 1,364.8 389.4 478.7 330.5 260.8 

Commercial and industrial loans ���������������������������� 1,204.5 11.1 105.1 133.4 954.9 184.2 286.5 247.8 173.3

Loans to individuals������������������������������������������������� 1,275.2 5.8 37.5 71.6 1,160.3 382.6 219.9 180.9 217.4

Credit card loans ���������������������������������������������� 663.2 0.1 2.4 18.0 642.7 295.7 76.7 40.6 132.3

Other loans to individuals �������������������������������� 612.0 5.7 35.1 53.6 517.6 86.8 143.3 140.4 85.2

All other loans and leases (including farm) ������������ 612.5 8.8 36.5 33.1 534.1 98.6 114.2 156.4 112.9

Total loans and leases (plus unearned income)����� 7,250.7 85.9 824.6 898.9 5,441.4 1,480.9 1,640.4 1,389.0 1,111.5 49

Memo: Other Real Estate Owned (in millions)

All other real estate owned�������������������������������������� 52,376.0 1,226.7 13,930.5 10,881.7 26,337.1 4,723.9 14,516.9 11,266.3 9,538.3 5,87

Construction and development������������������������ 17,957.5 420.2 6,463.0 5,373.9 5,700.4 1,320.0 5,684.5 2,535.6 3,224.4 2,91

Nonfarm nonresidential������������������������������������ 10,719.4 370.6 3,792.5 2,784.8 3,771.4 1,181.5 2,537.8 2,161.8 2,071.8 1,37

Multifamily residential real estate �������������������� 2,476.7 39.9 449.6 383.3 1,603.8 208.2 415.9 440.2 337.0 

1-4 family residential ���������������������������������������� 13,279.5 363.7 2,917.8 2,153.3 7,844.8 1,665.9 4,093.3 2,705.4 2,366.7 1,24

Farmland����������������������������������������������������������� 423.2 33.1 229.3 117.5 43.2 16.5 83.1 89.7 67.1

GNMA properties���������������������������������������������� 7,316.1 0.4 79.2 69.8 7,166.6 312.6 1,703.4 3,333.7 1,471.7

* Regions

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

U.S. Virgin Island

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

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

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

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

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

** Noncurrent loan rates represent the percentage of loans in each category that are past due 90 days or more or that are in nonaccrual status
FDIC Quarterly 12 2011, Volume 5, No. 2

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

Asset Size Distributio

(dollar figures in millions;

notional amounts unless otherwise indicated)

1st Quarter

2011

4th Quarter

2010

3rd Quarter

2010

2nd Quarter 

2010

1st Quarter 

2010

% Change 

10Q1-

11Q1

Less 

than $100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to $10 

Billion

Greater than 

$10 Billion

ALL DERIVATIVE HOLD

Number of institutions reporting derivatives����������������� 1,144 1,168 1,207 1,159 1,148 -0.3 82 690 291 8

Total assets of institutions reporting derivatives ���������� $10,944,288 $10,834,403 $10,888,467 $10,650,392 $10,745,975 1.8 $6,000 $284,265 $844,995 $9,809,02

Total deposits of institutions reporting derivatives������� 7,705,985 7,545,587 7,402,157 7,248,634 7,281,782 5.8 5,113 232,834 662,006 6,806,03

Total derivatives������������������������������������������������������������� 246,083,864 232,210,712 236,472,606 225,518,995 218,807,591 12.5 145 17,146 66,052 246,000,52

Derivative Contracts by Underlying Risk Exposur

Interest rate�������������������������������������������������������������������� 199,547,520 193,497,885 196,558,711 188,621,077 182,641,534 9.3 141 16,825 61,231 199,469,32

Foreign exchange*��������������������������������������������������������� 28,788,641 22,002,935 22,531,799 20,245,402 19,202,392 49.9 0 77 3,843 28,784,72

Equity ����������������������������������������������������������������������������� 1,471,260 1,363,760 1,679,128 1,615,062 1,570,974 -6.3 4 109 578 1,470,56

Commodity & other (excluding credit derivatives)�������� 1,377,484 1,195,150 1,153,316 1,076,212 941,687 46.3 0 16 215 1,377,25

Credit������������������������������������������������������������������������������ 14,898,959 14,150,982 14,549,653 13,961,242 14,451,004 3.1 0 118 185 14,898,65

Total�������������������������������������������������������������������������������� 246,083,864 232,210,712 236,472,606 225,518,995 218,807,591 12.5 145 17,146 66,052 246,000,52

Derivative Contracts by Transaction Type 

Swaps ���������������������������������������������������������������������������� 152,747,048 149,256,558 146,962,909 141,427,435 136,333,735 12.0 27 9,228 45,935 152,691,85

Futures & forwards �������������������������������������������������������� 39,084,278 35,712,439 39,643,697 36,793,865 34,747,283 12.5 46 3,582 10,233 39,070,41

Purchased options��������������������������������������������������������� 19,021,195 16,174,116 16,911,279 15,399,619 15,759,306 20.7 20 665 3,543 19,016,96

Written options��������������������������������������������������������������� 18,256,144 15,904,093 16,697,323 15,898,211 15,910,886 14.7 52 3,553 5,758 18,246,78

Total�������������������������������������������������������������������������������� 229,108,665 217,047,205 220,215,208 209,519,129 202,751,210 13.0 145 17,027 65,469 229,026,02

Fair Value of Derivative Contracts 

Interest rate contracts���������������������������������������������������� 92,290 92,057 107,170 98,102 94,739 -2.6 1 4 121 92,16

Foreign exchange contracts������������������������������������������ 8,198 12,340 -7,464 -4,874 1,329 516.9 0 -1 -16 8,21

Equity contracts������������������������������������������������������������� 1,763 -2,126 -1,777 311 -849 N/M 0 2 8 1,754

Commodity & other (excluding credit derivatives)�������� -916 -1,068 -721 -503 1,064 N/M 0 2 2 -920

Credit derivatives as guarantor������������������������������������� -40,236 -68,248 -131,318 -222,427 -121,494 66.9 0 0 5 -40,24

Credit derivatives as beneficiary����������������������������������� 50,612 82,772 150,801 242,490 141,389 -64.2 0 0 -2 50,61

Derivative Contracts by Maturity** 

Interest rate contracts ����������������������������� < 1 year 92,443,214 90,842,757 90,921,190 89,002,955 84,010,725 10.0 15 5,394 10,994 92,426,81

 ������������������������������������������ 1-5 years 34,896,628 33,496,837 35,145,181 33,352,707 33,334,968 4.7 17 4,981 25,024 34,866,60

 ������������������������������������������ > 5 years 24,922,192 24,306,863 24,550,151 23,099,484 24,121,171 3.3 28 2,297 14,841 24,905,02

Foreign exchange contracts ������������������� < 1 year 18,023,979 14,467,367 13,362,678 11,959,585 11,092,119 62.5 0 74 2,577 18,021,32

 ������������������������������������������ 1-5 years 2,741,047 2,432,756 2,582,310 2,356,096 2,440,019 12.3 0 2 79 2,740,96

 ������������������������������������������ > 5 years 1,432,790 1,289,279 1,431,627 1,306,940 1,329,332 7.8 0 0 149 1,432,64

Equity contracts��������������������������������������� < 1 year 349,752 296,198 352,002 326,743 320,739 9.0 0 30 98 349,62

 ������������������������������������������ 1-5 years 204,151 190,861 217,579 205,295 220,454 -7.4 0 28 240 203,88

 ������������������������������������������ > 5 years 84,177 84,629 86,713 80,595 84,000 0.2 0 0 11 84,16

Commodity & other contracts ����������������� < 1 year 504,234 382,507 311,897 324,203 287,660 75.3 0 7 128 504,09

 ������������������������������������������ 1-5 years 225,140 239,847 241,288 207,019 177,250 27.0 0 5 45 225,09

 ������������������������������������������ > 5 years 25,209 26,176 33,836 30,459 31,220 -19.3 0 0 0 25,20

Risk-Based Capital: Credit Equivalent Amount

Total current exposure to tier 1 capital (%)������������������� 37.7 41.3 48.6 45.0 41.4 0.0 0.4

Total potential future exposure to tier 1 capital (%)������ 86.8 84.0 83.1 83.1 89.1 0.1 0.2

Total exposure (credit equivalent amount) 

to tier 1 capital (%)�������������������������������������������������� 124.5 125.2 131.7 128.1 130.4 0.1 0.7 

Credit losses on derivatives***���������������������������������� 77.0 668.4 554.7 259.2 100.1 -23.1 0.0 0.

HELD FOR TRADIN

Number of institutions reporting derivatives����������������� 193 196 201 189 195 -1.0 6 73 56 5

Total assets of institutions reporting derivatives ���������� 9,075,286 8,968,803 9,001,809 8,882,869 8,949,192 1.4 354 31,875 227,681 8,815,37

Total deposits of institutions reporting derivatives������� 6,418,885 6,279,414 6,139,890 6,078,628 6,095,318 5.3 286 25,561 177,905 6,215,13

Derivative Contracts by Underlying Risk Exposur

Interest rate�������������������������������������������������������������������� 196,013,964 191,773,865 194,585,711 186,781,466 180,761,592 8.4 12 1,195 13,417 195,999,34

Foreign exchange���������������������������������������������������������� 26,378,493 20,853,441 20,699,946 18,086,768 17,462,757 51.1 0 0 2,621 26,375,87

Equity ����������������������������������������������������������������������������� 1,465,412 1,357,525 1,672,913 1,608,817 1,563,707 -6.3 0 1 120 1,465,29

Commodity & other�������������������������������������������������������� 1,356,822 1,184,245 1,145,723 1,070,966 934,851 45.1 0 0 121 1,356,70

Total�������������������������������������������������������������������������������� 225,214,690 215,169,076 218,104,293 207,548,018 200,722,908 12.2 12 1,195 16,277 225,197,20

Trading Revenues: Cash & Derivative Instruments

Interest rate�������������������������������������������������������������������� 4,584 1,413 4,150 68 270 1,597.8 0 0 24 4,56

Foreign exchange���������������������������������������������������������� 29 1,892 -1,087 4,312 3,906 -99.3 0 0 4 2

Equity ����������������������������������������������������������������������������� 747 365 405 418 979 -23.7 0 0 4 74

Commodity & other (including credit derivatives) �������� 2,043 -226 609 1,912 3,024 -32.4 0 0 1 2,04

Total trading revenues��������������������������������������������������� 7,403 3,444 4,077 6,710 8,178 -9.5 0 0 32 7,37

Share of Revenu

Trading revenues to gross revenues (%) ���������������������� 6.2 2.8 3.5 5.5 6.6 0.0 0.

Trading revenues to net operating revenues (%)���������� 40.7 25.5 28.4 47.7 76.1 0.0 0.0 

HELD FOR PURPOSES OTHER THAN T

Number of institutions reporting derivatives����������������� 1,035 1,057 1,084 1,046 1,032 0.3 76 625 257 7

Total assets of institutions reporting derivatives ���������� 10,593,072 10,475,733 10,535,035 10,261,969 10,324,307 2.6 5,646 257,038 729,138 9,601,24

Total deposits of institutions reporting derivatives������� 7,496,306 7,333,179 7,198,525 7,015,274 7,035,315 6.6 4,826 210,868 569,248 6,711,36

Derivative Contracts by Underlying Ris

Exposure 

Interest rate�������������������������������������������������������������������� 3,533,556 1,724,020 1,973,000 1,839,611 1,879,942 88.0 129 15,631 47,815 3,469,98

Foreign exchange���������������������������������������������������������� 333,908 136,970 124,108 120,010 134,258 148.7 0 77 825 333,00

Equity ����������������������������������������������������������������������������� 5,848 6,235 6,214 6,244 7,268 -19.5 4 109 458 5,27

Commodity & other�������������������������������������������������������� 20,662 10,905 7,593 5,246 6,835 202.3 0 16 94 20,55

Total notional amount ���������������������������������������������������� 3,893,975 1,878,129 2,110,915 1,971,111 2,028,303 92.0 133 15,832 49,192 3,828,81

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

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

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

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

in total assets
FDIC Quarterly 13 2011, Volume 5, No. 2

Quarterly Banking Profile

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

Savings Banks)

Asset Size Distributio

(dollar figures in millions)

1st 

Quarter

2011

4th 

Quarter

2010

3rd 

Quarter

2010

2nd 

Quarter 

2010

1st 

Quarter 

2010

% Change 

10Q1-

11Q1

Less than 

$100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to $10 

Billion

Greater 

than $10 

Billion

Assets Sold and Securitized with Servicing Retained or with Recourse or Other Seller-Provided Credit Enhance

Number of institutions reporting securitization activities ����������������������������������������� 144 137 135 125 125 15.2 22 68 24 3

Outstanding Principal Balance by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� $753,780 $752,619 $760,102 $759,032 $778,241 -3.1 $375 $841 $2,726 $749,83

Home equity loans��������������������������������������������������������������������������������������������� 0 0 0 0 15 -100.0 0 0 0 

Credit card receivables�������������������������������������������������������������������������������������� 11,607 13,748 14,320 15,452 16,133 -28.1 0 721 0 10,88

Auto loans ���������������������������������������������������������������������������������������������������������� 234 298 329 486 600 -61.0 0 0 40 19

Other consumer loans ��������������������������������������������������������������������������������������� 4,138 4,234 4,333 5,021 5,610 -26.2 0 0 0 4,13

Commercial and industrial loans����������������������������������������������������������������������� 257 4,014 4,340 871 849 -69.7 0 13 27 21

All other loans, leases, and other assets���������������������������������������������������������� 206,893 192,394 213,203 209,600 195,433 5.9 2 39 109 206,74

Total securitized and sold������������������������������������������������������������������������������������������ 976,910 967,307 996,627 990,463 996,881 -2.0 377 1,615 2,903 972,01

Maximum Credit Exposure by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� 4,547 4,683 4,834 4,953 5,166 -12.0 2 44 54 4,44

Home equity loans��������������������������������������������������������������������������������������������� 0 0 0 0 14 -100.0 0 0 0 

Credit card receivables�������������������������������������������������������������������������������������� 552 609 574 664 730 -24.4 0 228 0 32

Auto loans ���������������������������������������������������������������������������������������������������������� 4 5 6 6 6 -33.3 0 0 4 

Other consumer loans ��������������������������������������������������������������������������������������� 201 185 207 245 237 -15.2 0 0 0 20

Commercial and industrial loans����������������������������������������������������������������������� 0 9 9 86 86 -100.0 0 0 0 

All other loans, leases, and other assets���������������������������������������������������������� 397 440 1,165 270 281 41.3 0 5 0 39

Total credit exposure ������������������������������������������������������������������������������������������������� 5,701 5,931 6,795 6,224 6,521 -12.6 2 276 58 5,36

Total unused liquidity commitments provided to institution's own securitizations ��� 125 208 211 166 162 -22.8 1 0 2 12

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

1-4 family residential loans�������������������������������������������������������������������������������� 4.7 5.8 6.0 5.6 6.0 3.4 0.

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

Credit card receivables�������������������������������������������������������������������������������������� 1.1 1.1 1.2 1.6 1.5 0.0 1.

Auto loans ���������������������������������������������������������������������������������������������������������� 1.5 1.6 1.4 1.2 1.2 0.0 0.

Other consumer loans ��������������������������������������������������������������������������������������� 3.3 3.8 3.4 3.7 3.3 0.0 0.

Commercial and industrial loans����������������������������������������������������������������������� 0.7 0.0 0.0 0.9 1.2 0.0 12.

All other loans, leases, and other assets���������������������������������������������������������� 1.3 1.1 1.5 2.5 2.2 0.0 0.

Total loans, leases, and other assets ����������������������������������������������������������������������� 3.9 4.7 4.9 4.9 5.2 3.4 1.

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

1-4 family residential loans�������������������������������������������������������������������������������� 9.1 9.1 10.5 10.9 13.1 2.4 0.

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

Credit card receivables�������������������������������������������������������������������������������������� 0.5 0.5 0.5 0.7 0.8 0.0 2.

Auto loans ���������������������������������������������������������������������������������������������������������� 0.0 0.4 0.3 0.2 0.3 0.0 0.

Other consumer loans ��������������������������������������������������������������������������������������� 2.9 2.9 2.9 2.7 2.7 0.0 0.

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

All other loans, leases, and other assets���������������������������������������������������������� 5.8 7.4 9.7 8.4 7.4 35.4 0.

Total loans, leases, and other assets ����������������������������������������������������������������������� 8.2 8.6 10.1 10.1 11.7 2.5 1.

Securitized Loans, Leases, and Other Assets Charged-off

(net, YTD, annualized, %) 

1-4 family residential loans�������������������������������������������������������������������������������� 0.3 1.9 1.5 0.7 0.3 0.0 0.

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

Credit card receivables�������������������������������������������������������������������������������������� 1.4 7.9 6.2 4.2 2.2 0.0 2.

Auto loans ���������������������������������������������������������������������������������������������������������� 0.0 1.4 0.9 0.4 0.3 0.0 0.0

Other consumer loans ��������������������������������������������������������������������������������������� 0.3 1.8 1.4 0.9 0.4 0.0 0.

Commercial and industrial loans����������������������������������������������������������������������� 0.0 0.0 0.0 0.1 0.0 0.0 0.

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

Total loans, leases, and other assets ����������������������������������������������������������������������� 0.3 1.7 1.2 0.6 0.3 0.0 1.

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

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

Credit card receivables�������������������������������������������������������������������������������������� 8,157 7,350 6,073 5,088 4,831 68.8 0 47 0 8,11

Commercial and industrial loans����������������������������������������������������������������������� 2 2 2 3 4 -50.0 0 2 0 

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

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 ���������������������������������������������������� 857 855 847 835 819 4.6 161 534 12

Outstanding Principal Balance by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� 66,156 64,175 60,998 62,747 62,207 6.3 7,930 12,052 5,014 41,16

Home equity, credit card receivables, auto, and other consumer loans ��������� 1,417 1,455 41 41 40 3,442.5 0 6 14 1,39

Commercial and industrial loans����������������������������������������������������������������������� 102 379 445 537 669 -84.8 0 40 33 2

All other loans, leases, and other assets���������������������������������������������������������� 54,961 53,860 53,588 53,130 50,039 9.8 1 61 286 54,61

Total sold and not securitized������������������������������������������������������������������������������������ 122,637 119,870 115,073 116,455 112,954 8.6 7,932 12,159 5,347 97,20

Maximum Credit Exposure by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� 14,139 15,587 14,996 14,196 13,705 3.2 132 1,866 2,997 9,14

Home equity, credit card receivables, auto, and other consumer loans ��������� 135 132 20 21 21 542.9 0 3 3 12

Commercial and industrial loans����������������������������������������������������������������������� 81 90 77 77 62 30.6 0 29 32 2

All other loans, leases, and other assets���������������������������������������������������������� 13,420 13,115 12,969 12,809 10,481 28.0 1 42 13 13,36

Total credit exposure ������������������������������������������������������������������������������������������������� 27,776 28,925 28,061 27,103 24,269 14.5 134 1,941 3,044 22,65

Support for Securitization Facilities Sponsored by Other Institutio

Number of institutions reporting securitization facilities sponsored by others ������� 162 166 155 129 80 102.5 23 89 35 1

Total credit exposure ������������������������������������������������������������������������������������������������� 30,579 29,581 29,189 10,206 7,467 309.5 31 248 144 30,15

Total unused liquidity commitments ������������������������������������������������������������������������� 626 514 504 418 846 -26.0 0 0 0 62

Other

Assets serviced for others*��������������������������������������������������������������������������������������� 5,749,124 5,783,491 5,892,026 5,956,566 5,995,635 -4.1 4,472 87,085 104,319 5,553,24

Asset-backed commercial paper conduits 

Credit exposure to conduits sponsored by institutions and others������������������ 9,895 10,009 11,649 10,699 10,653 -7.1 5 0 52 9,83

Unused liquidity commitments to conduits sponsored by institutions 

 and others �������������������������������������������������������������������������������������������������� 62,396 61,364 74,623 70,087 63,181 -1.2 0 0 1,557 60,84

Net servicing income (for the quarter)���������������������������������������������������������������������� 4,675 4,793 2,963 3,576 5,164 -9.5 37 148 178 4,31

Net securitization income (for the quarter)��������������������������������������������������������������� 99 150 164 156 13 661.5 0 3 3 9

Total credit exposure to Tier 1 capital (%)** ������������������������������������������������������������� 5.4 5.5 5.5 3.8 3.4 1.0 2.

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

** Total credit exposure includes the sum of the three line items titled “Total credit exposure” reported above
FDIC Quarterly 14 2011, Volume 5, No. 2

Total assets of the nation’s 7,574 FDIC-insured 

commercial banks and savings institutions increased by 

0.7 percent ($94.7 billion) during the first quarter of 

2011. Total deposits increased by 1.9 percent ($178.8 

billion), domestic office deposits increased by 1.5 

percent ($117.4 billion), and foreign office deposits 

increased by 4.0 percent ($61.4 billion). Domestic 

noninterest-bearing deposits increased by 3.5 percent 

($58.3 billion) and domestic interest-bearing deposits 

increased by 1.0 percent ($59.1 billion). For the 12 

months ending March 31, total domestic deposits grew 

by 3.9 percent ($298.2 billion), as interest-bearing 

deposits increased by 1.2 percent ($76.8 billion) and 

non-interest-bearing deposits rose by 14.5 percent 

($221.3 billion).

Brokered deposits decreased by 1.7 percent ($9.8 

billion) during the first quarter. At the end of the first 

quarter of 2011, 42 percent (3,215) of FDIC-insured 

banks and thrifts used brokered deposits and 798 of 

these institutions had brokered deposits that exceeded 

10 percent of their domestic deposits. Reciprocal 

brokered deposits spread among 1,471 institutions 

totaled $28.6 billion, representing 5.1 percent of total 

outstanding brokered deposits.1 Data newly provided in 

quarterly financial reports on deposits that institutions 

obtained through listing services indicate that 1,359 

institutions held such deposits, which in aggregate 

amounted to $40.8 billion.2

The Dodd-Frank Wall Street Reform and Consumer 

Protection Act (Dodd-Frank), enacted on July 21, 

2010, provides temporary unlimited deposit insurance 

1

 Reciprocal brokered deposits are deposits that an insured depository 

institution receives through a deposit placement network on a reciprocal basis, such that: (1) For any deposit received, the institution (as 

agent for depositors) places the same amount with other insured 

depository institutions through the network; and (2) each member of 

the network sets the interest rate to be paid on the entire amount of 

funds it places with other network members. 

2

 Listing service deposits are obtained as a result of a bank having its 

rates listed by a deposit service that is compensated for the listing by 

either the bank listing the rates or by the person or entities who view 

the listed rates. 

coverage for noninterest-bearing transaction accounts 

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

regardless of the balance in the account and the ownership capacity of the funds. The unlimited coverage is 

available to all depositors, including consumers, businesses and government entities. The coverage is separate from, and in addition to, the insurance coverage 

provided for a depositor’s other accounts held at an 

FDIC-insured bank.3 Insured commercial banks and 

savings institutions had $1.75 trillion in domestic 

noninterest-bearing deposits on March 31, 2011, 60 

percent ($1.05 trillion) of which was in noninterestbearing transaction accounts larger than $250,000. 

Of this total, $894 billion exceeded the basic coverage 

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

the temporary unlimited coverage. Banks with under 

$10 billion in assets funded 3.3 percent of their assets 

with deposits receiving the temporary unlimited coverage. Banks with more than $10 billion in assets had 

deposits receiving temporary coverage equal to 7.6 

percent of assets. The table on the following page shows 

the distribution of accounts receiving unlimited coverage on noninterest-bearing transaction accounts by 

institution asset size.

Total estimated insured deposits increased by 1.4 

percent in the quarter ending March 31, 2011, and rose 

by a total of 16.7 percent over the past four quarters. 

The large four-quarter increase was primarily attributable to the additional temporary coverage of noninterest bearing transaction accounts authorized by the 

Dodd-Frank Act. For institutions existing at the start 

and the end of the most recent quarter, insured deposits 

increased during the quarter at 5,114 institutions (68 

percent), decreased at 2,427 institutions (32 percent), 

and remained unchanged at 32 institutions.

3

 Beginning July 21, 2011, per Dodd-Frank insured institutions will no 

longer be prohibited from paying interest on commercial demand 

deposits. At that time, if an institution modifies the terms of its 

demand deposit accounts so that the account may earn interest, the 

account will no longer satisfy the definition of a noninterest-bearing 

transaction account, and will no longer be eligible for the temporary 

unlimited coverage.

■ DIF Reserve Ratio Rises 10 Basis Points to -0.02 Percent

■ Insured Deposits Grow by 1.4 Percent

■ 26 Institutions Failed during First Quarter

■ $894 Billion Temporarily Insured in Noninterest-bearing Transaction Accounts

INSURANCE FUND INDICATORS
FDIC Quarterly 15 2011, Volume 5, No. 2

Quarterly Banking Profile

assets minus average tangible equity. Revisions to insurance assessment rates and 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.

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

FDIC must make available to the public the reserve 

ratio and the DRR using both estimated insured 

deposits and the new assessment base. The new assessment base will require some changes in reporting, so 

only an estimate is available at this time. As of March 

31, 2011, the FDIC estimates that the reserve ratio 

would have been -0.01 percent using the new assessment base (compared to -0.02 percent using estimated 

insured deposits) and that the proposed 2 percent DRR 

using estimated insured deposits would have been 

approximately 1 percent using the estimated new 

assessment base.

Author: Kevin Brown, Sr. Financial Analyst

Division of Insurance and Research

(202) 898-6817

The condition of the Deposit Insurance Fund (DIF) 

continues to improve. The DIF increased by $6.3 

billion during the first quarter of 2011 to negative 

$1.0 billion (unaudited), the fifth consecutive quarterly 

increase. Assessment income of $3.5 billion and a 

$3.1 billion negative provision for insurance losses 

were the primary contributors to the improvement in 

the DIF balance. Interest earnings, combined with 

unrealized gains on available-for-sale securities and 

other net revenue, increased the fund by another 

$151 million. Operating expenses reduced the fund 

balance by $395 million.

The number of bank failures has fallen three quarters in 

a row. A total of 26 insured institutions with combined 

assets of $9.8 billion failed during the first quarter of 

2011, at an estimated cost to the DIF of $1.9 billion. 

The DIF’s reserve ratio was negative 0.02 percent on 

March 31, 2011, up from negative 0.12 percent at 

December 31, 2010, and the negative 0.39 percent low 

point reached at the end of 2009.

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

Insured Commercial Banks and Savings Institutions as of March 31, 2011

Distribution of Noninterest-Bearing Domestic Deposits, by Asset Size

Asset Size

Number of 

Institutions

Total Assets 

($ Bil.)

Dodd - Frank

Domestic Noninterest-Bearing Transaction Accounts

Larger than $250,000 Other 

NoninterestBearing 

Deposits* 

($ Bil.)

Total 

($ Bil.)

Amount above 

the $250,000 

Coverage Limit 

($ Bil.)

Average 

Account 

Size ($000)

Average 

Number of 

Accounts per 

Institution

Less than $1 Billion 6,904 1,431.5 59.2 37.5 682 13 112.7 

$1 - $10 Billion 563 1,429.1 80.5 58.3 904 158 77.7 

$10 - $50 Billion 71 1,411.5 97.5 78.9 1,314 1,045 64.6 

$50 - $100 Billion 17 1,179.0 70.8 59.3 1,550 2,685 39.0 

Over $100 Billion 19 7,963.6 745.4 659.8 2,178 18,012 400.0 

Total 7,574 13,414.7 1,053.3 893.9 1,651 84 694.1 

* Includes noninterest-bearing transaction accounts smaller than $250,000 and noninterest-bearing deposits not classified as transaction accounts.
FDIC Quarterly 16 2011, Volume 5, No. 2

DIF Reserve Ratios

Percent of Insured Deposits

1.19

1.01

0.76

0.36

0.27 0.22

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

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

Table I-B. Insurance Fund Balances and Selected Indicators

(dollar figures in millions)

Deposit Insurance Fund*

1st 

Quarter 

2011

4th 

Quarter 

2010

3rd 

Quarter 

2010

2nd 

Quarter 

2010

1st 

Quarter 

2010

4th 

Quarter 

2009

3rd 

Quarter 

2009

2nd 

Quarter 

2009

1st 

Quarter 

2009

4th 

Quarter 

2008

3rd 

Quarter 

2008

2nd 

Quarter 

2008

1st 

Quarter 

2008

Beginning Fund Balance ..... -$7,352 -$8,009 -$15,247 -$20,717 -$20,862 -$8,243 $10,368 $13,007 $17,276 $34,588 $45,217 $52,843 $52,413

Changes in Fund Balance:

Assessments earned .............. 3,484 3,498 3,592 3,242 3,278 3,042 2,965 9,095 2,615 996 881 640 448

Interest earned on 

investment securities ...... 28 39 40 64 62 76 176 240 212 277 526 651 618

Realized gain on sale of

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

Operating expenses ............... 395 452 414 382 345 379 328 298 266 290 249 256 238

Provision for insurance 

losses ............................... -3,089 2,446 -3,763 -2,552 3,021 17,766 21,694 11,615 6,637 19,163 11,930 10,221 525

All other income, 

net of expenses ............... 66 48 94 55 22 2,721 308 375 2 15 16 1 0

Unrealized gain/(loss) on 

available-for-sale 

securities ......................... 57 -30 163 -61 149 -313 -770 -957 -331 551 -346 1,559 127

Total fund balance change ..... 6,329 657 7,238 5,470 145 -12,619 -18,611 -2,639 -4,269 -17,312 -10,629 -7,626 430

Ending Fund Balance ........... -1,023 -7,352 -8,009 -15,247 -20,717 -20,862 -8,243 10,368 13,007 17,276 34,588 45,217 52,843

Percent change from 

four quarters earlier ......... NM NM NM NM NM NM NM -77.07 -75.39 -67.04 -33.17 -11.7

Reserve Ratio (%) ................. -0.02 -0.12 -0.15 -0.28 -0.38 -0.39 -0.16 0.22 0.27 0.36

Estimated Insured 

Deposits** .............................. 6,388,688 6,302,499 5,421,718 5,437,760 5,472,259 5,407,742 5,315,920 4,817,783 4,831,748 4,750,783 4,545,198 4,468,086 4,438,256

Percent change from 

four quarters earlier ......... 16.75 16.55 1.99 12.87 13.26 13.83 16.96 7.83 8.87 10.68 7

Domestic Deposits ............... 8,006,187 7,887,746 7,753,409 7,681,284 7,702,447 7,705,353 7,561,334 7,561,996 7,546,996 7,505,408 7,230,326 7,036,264 7,076,717

Percent change from 

four quarters earlier ......... 3.94 2.37 2.54 1.58 2.06 2.66 4.58 7.47 6.65 8.43 7

Number of institutions 

reporting ......................... 7,584 7,668 7,771 7,840 7,944 8,022 8,109 8,205 8,257 8,315 8,394 8,462 8,505

Deposit Insurance Fund Balance 

and Insured Deposits

($ Millions)

DIF 

Balance

DIF-Insured 

Deposits

3/08 $52,843 $4,438,256

6/08 45,217 4,468,086

9/08 34,588 4,545,198

12/08 17,276 4,750,783

3/09 13,007 4,831,748

6/09 10,368 4,817,783

9/09 -8,243 5,315,920

12/09 -20,862 5,407,742

3/10 -20,717 5,472,259

6/10 -15,247 5,437,760

9/10 -8,009 5,421,718

12/10 -7,352 6,302,499

3/11 -1,023 6,388,688

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

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

Problem Institutions

Number of institutions ������������������������������������������������ 888 775 884 702 252 76 50

Total assets����������������������������������������������������������������� $397,252 $431,189 $390,017 $402,782 $159,405 $22,189 $8,265

Failed Institutions

Number of institutions ������������������������������������������������ 26 41 157 140 25 3 0

Total assets����������������������������������������������������������������� $9,839 $22,140 $92,085 $169,709 $371,945 $2,615 $0

Assisted Institutions****

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

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

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

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

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

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

***Through March 31

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

received assistance in 2009
FDIC Quarterly 17 2011, Volume 5, No. 2

Quarterly Banking Profile

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

(dollar figures in millions) 

March 31, 2011

Number of 

Institutions

Total 

Assets

Domestic 

Deposits*

Est. Insured 

Deposits

Commercial Banks and Savings Institutions

FDIC-Insured Commercial Banks ����������������������������������������������� 6,453 $12,157,324 $7,063,538 $5,547,794

 FDIC-Supervised ������������������������������������������������������������������� 4,267 1,941,847 1,485,978 1,209,714

 OCC-Supervised�������������������������������������������������������������������� 1,366 8,483,600 4,529,753 3,516,251

 Federal Reserve-Supervised������������������������������������������������� 820 1,731,876 1,047,806 821,829

FDIC-Insured Savings Institutions ���������������������������������������������� 1,121 1,257,331 926,968 826,107

 OTS-Supervised Savings Institutions������������������������������������ 724 931,664 685,654 613,452

 FDIC-Supervised State Savings Banks��������������������������������� 397 325,667 241,314 212,656

Total Commercial Banks and Savings Institutions ���������������������� 7,574 13,414,655 7,990,506 6,373,901

Other FDIC-Insured Institutions

U.S. Branches of Foreign Banks ������������������������������������������������� 10 30,790 15,682 14,7

Total FDIC-Insured Institutions���������������������������������������������������� . 7,584 13,445,445 8,006,187 6,388,6

* Excludes $1.6 trillion in foreign office deposits, which are uninsure

Table IV-B. Distribution of Institutions and Domestic Deposits Among Risk Categories

Quarter Ending December 31, 2010

(dollar figures in billions)

Annual 

Rate in

Basis Points*

Number of 

Institutions

Percent 

of Total 

Institutions

Domestic 

Deposits

Percent 

of Total 

Domestic 

Deposits

Risk Category 

 7.00-12.00 1,791 23.36 $791 1

12.01-14.00 1,524 19.87 1,709 2

14.01-15.99 1,683 21.95 1,931 2

 16.00-24.00 325 4.24 382 

Risk Category I

 17.00-22.00 1,236 16.12 2,256 2

 22.01-43.00 216 2.82 496 

Risk Category II

 27.00-32.00 567 7.39 186 

 32.01-58.00 136 1.77 80 

Risk Category IV 40.00-45.00 149 1.94 41

 45.01-77.50 41 0.53 15 

Note: Institutions are categorized based on supervisory ratings, debt ratings and financial data as of December 31, 2010

* Assessment rates with a given risk category vary for several reasons, see 12 CFR Part 327
FDIC Quarterly 18 2011, Volume 5, No. 2

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

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 accepted 

accounting principles, institutions may not record the effect of 

this tax change in their balance sheets and income statements 

for financial and regulatory reporting purposes until the period 

in which the law was enacted, i.e., the first quarter of 2009.

Troubled Debt Restructurings – 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 contractuNotes to Users

This publication contains financial data and other information 

for depository institutions insured by the Federal Deposit Insurance Corporation (FDIC). These notes are an integral part of 

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

Tables I-A through VIII-A.

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

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

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

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

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

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

while other tables aggregate institutions by asset size and 

geographic region. Quarterly and full-year data are provided 

for selected indicators, including aggregate condition and 

income data, performance ratios, condition ratios, and structural changes, as well as past due, noncurrent, and charge-off 

information for loans outstanding and other assets.

Tables I-B through IV-B.

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

comparative quarterly data related to the Deposit Insurance 

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

estimated FDIC-insured deposits, as well as assessment rate 

information. Depository institutions that are not insured by 

the FDIC through the DIF are not included in the FDIC 

Quarterly Banking Profile. U.S. branches of institutions headquartered in foreign countries and non-deposit trust companies 

are not included unless otherwise indicated. Efforts are made 

to obtain financial reports for all active institutions. However, 

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

DATA SOURCES

The financial information appearing in this publication is 

obtained primarily from the Federal Financial Institutions 

Examination Council (FFIEC) Consolidated Reports of 

Condition and Income (Call Reports) and the OTS Thrift 

Financial Reports submitted by all FDIC-insured depository 

institutions. This information is stored on and retrieved from 

the FDIC’s Research Information System (RIS) data base.

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.

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 
FDIC Quarterly 19 2011, Volume 5, No. 2

Quarterly Banking Profile

No. 115, Accounting for Certain Investments in Debt and Equity 

Securities); FASB Staff Position (FSP) FAS 115-1 and FAS 

124-1, The Meaning of Other-Than-Temporary Impairment and 

Its Application to Certain Investments; FSP FAS 115-2 and FAS 

124-2, Recognition and Presentation of Other-Than-Temporary 

Impairments; paragraph 6 of Accounting Principles Board 

Opinion No. 18, The Equity Method of Accounting for 

Investments in Common Stock; Emerging Issues Task Force 

(EITF) Issue No. 99-20, Recognition of Interest Income and 

Impairment on Purchased Beneficial Interests and Beneficial 

Interests That Continue to Be Held by a Transferor in Securitized 

Financial Assets; and FSP EITF 99-20-1, Amendments to the 

Impairment Guidance of EITF Issue No. 99-20. Under ASC 

Topic 320, if an institution intends to sell a debt security or it 

is more likely than not that it will be required to sell the debt 

security before recovery of its amortized cost basis, an otherthan-temporary impairment has occurred and the entire difference between the security’s amortized cost basis and its fair 

value at the balance sheet date must be recognized in earnings. In these cases, the fair value of the debt security would 

become its new amortized cost basis. In addition, under ASC 

Topic 320, if the present value of cash flows expected to be 

collected on a debt security is less than its amortized cost 

basis, a credit loss exists. In this situation, if an institution 

does not intend to sell the security and it is not more likely 

than not that the institution will be required to sell the debt 

security before recovery of its amortized cost basis less any 

current-period credit loss, an other-than-temporary impairment has occurred. The amount of the total other-thantemporary impairment related to the credit loss must be 

recognized in earnings, but the amount of the total impairment related to other factors must be recognized in other 

comprehensive income, net of applicable taxes.

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 

al 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.”

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 a debt or equity security is less than its cost 

basis, the impairment is either temporary or other-thantemporary. To determine whether the impairment is otherthan-temporary, an institution must apply other pertinent 

guidance in ASC Topic 320 , Investments-Debt and Equity 

Securities—Overall; ASC Subtopic 325-20, InvestmentsOther—Cost Method Investments; and ASC Subtopic 325-

40, Investments-Other—Beneficial Interests in Securitized 

Financial Assets (formerly paragraph 16 of FASB Statement 
FDIC Quarterly 20 2011, Volume 5, No. 2

Call Report purposes. The SOP does not apply to the loans 

that a bank has originated, prohibits “carrying over” or creation of valuation allowances in the initial accounting, and 

any subsequent valuation allowances reflect only those losses 

incurred by the investor after acquisition.

GNMA Buy-back Option – If an issuer of GNMA securities has the 

option to buy back the loans that collateralize the GNMA securities, when certain delinquency criteria are met, ASC Topic 

860 (formerly FASB Statement No. 140) requires that loans 

with this buy-back option must be brought back on the issuer’s 

books as assets. The rebooking of GNMA loans is required 

regardless of whether the issuer intends to exercise the buy-back 

option. The banking agencies clarified in May 2005 that all 

GNMA loans that are rebooked because of delinquency should 

be reported as past due according to their contractual terms.

ASC Topics 860 & 810 (formerly FASB Statements 166 & 167) – 

In June 2009, the FASB issued Statement No. 166, 

Accounting for Transfers of Financial Assets (FAS 166), and 

Statement No. 167, Amendments to FASB Interpretation No. 

46(R) (FAS 167), which change the way entities account for 

securitizations and special purpose entities. FAS 166 revised 

FASB Statement No. 140, Accounting for Transfers and 

Servicing of Financial Assets and Extinguishments of Liabilities, by 

eliminating the concept of a “qualifying special-purpose 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.

ASC Topic 740 (formerly FASB Interpretation No. 48 on Uncertain 

Tax Positions) – FASB Interpretation No. 48, Accounting for 

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) – issued in September 2006 requires a bank to recognize 

in 2007, and subsequently, the funded status of its postretirement plans on its balance sheet. An overfunded plan is recognized as an asset and an underfunded plan is recognized as a 

liability. An adjustment is made to equity as accumulated 

other comprehensive income (AOCI) upon application of 

FAS 158, and AOCI is adjusted in subsequent periods as net 

periodic benefit costs are recognized in earnings.

ASC Topic 860 (formerly FASB Statement No. 156 Accounting for 

Servicing of Financial Assets) – issued in March 2006 and effective in 2007, requires all separately recognized servicing assets 

and liabilities to be initially measured at fair value and allows 

a bank the option to subsequently adjust that value by periodic revaluation and recognition of earnings or by periodic 

amortization to earnings.

ASC Topic 815 (formerly FASB Statement No. 155 Accounting for 

Certain Hybrid Financial Instruments) – issued in February 2006, 

requires bifurcation of certain derivatives embedded in interests in securitized financial assets and permits fair value measurement (i.e., a fair value option) for any hybrid financial 

instrument that contains an embedded derivative that would 

otherwise require bifurcation under FASB Statement No. 133, 

Accounting for Derivative Instruments and Hedging Activities

(FAS 133). In addition, FAS 155 clarifies which interest-only 

and principal-only strips are not subject to FAS 133.

Purchased Impaired Loans and Debt Securities – ASC Topic 310 

(formerly Statement of Position 03-3, Accounting for Certain Loans 

or Debt Securities Acquired in a Transfer) – The SOP applies to 

loans and debt securities acquired in fiscal years beginning 

after December 15, 2004. In general, this Statement of 

Position applies to “purchased impaired loans and debt securities” (i.e., loans and debt securities that a bank has purchased, 

including those acquired in a purchase business combination, 

when it is probable, at the purchase date, that the bank will 

be unable to collect all contractually required payments 

receivable). Banks must follow Statement of Position 03-3 for 
FDIC Quarterly 21 2011, Volume 5, No. 2

Quarterly Banking Profile

Assets securitized and sold – total outstanding principal balance 

of assets securitized and sold with servicing retained or other 

seller- provided credit enhancements.

Capital Purchase Program (CPP) – As announced in October 

2008 under the TARP, the Treasury Department purchase of 

noncumulative perpetual preferred stock and related warrants 

that is treated as Tier 1 capital for regulatory capital purposes 

is included in “Total equity capital.” Such warrants to purchase common stock or noncumulative preferred stock issued 

by publicly-traded banks are reflected as well in “Surplus.” 

Warrants to purchase common stock or noncumulative preferred stock of not-publicly-traded bank stock classified in a 

bank’s balance sheet as “Other liabilities.”

Construction and development loans – includes loans for all property types under construction, as well as loans for land acquisition and development.

Core capital – common equity capital plus noncumulative perpetual preferred stock plus minority interest in consolidated 

subsidiaries, less goodwill and other ineligible intangible 

assets. The amount of eligible intangibles (including servicing 

rights) included in core capital is limited in accordance with 

supervisory capital regulations.

Cost of funding earning assets – total interest expense paid on 

deposits and other borrowed money as a percentage of average 

earning assets.

Credit enhancements – techniques whereby a company attempts 

to reduce the credit risk of its obligations. Credit enhancement may be provided by a third party (external credit 

enhancement) or by the originator (internal credit enhancement), and more than one type of enhancement may be 

associated with a given issuance.

Deposit Insurance Fund (DIF) – the Bank (BIF) and Savings 

Association (SAIF) Insurance Funds were merged in 2006 by 

the Federal Deposit Insurance Reform Act to form the DIF.

Derivatives notional amount – the notional, or contractual, 

amounts of derivatives represent the level of involvement in 

the types of derivatives transactions and are not a quantification of market risk or credit risk. Notional amounts represent 

the amounts used to calculate contractual cash flows to be 

exchanged.

Derivatives credit equivalent amount – the fair value of the 

derivative plus an additional amount for potential future credit exposure based on the notional amount, the remaining 

maturity and type of the contract.

Derivatives transaction types:

Futures and forward contracts – contracts in which the buyer 

agrees to purchase and the seller agrees to sell, at a specified future date, a specific quantity of an underlying variable or index at a specified price or yield. These contracts 

exist for a variety of variables or indices, (traditional agricultural or physical commodities, as well as currencies and 

interest rates). Futures contracts are standardized and are 

traded on organized exchanges which set limits on counterparty credit exposure. Forward contracts do not have 

standardized terms and are traded over the counter.

Option contracts – contracts in which the buyer acquires the 

right to buy from or sell to another party some specified 

amount of an underlying variable or index at a stated price 

(strike price) during a period or on a specified future date, 

in return for compensation (such as a fee or premium). 

Uncertainty in Income Taxes (FIN 48), was issued in June 2006 

as an interpretation of FASB Statement No. 109, Accounting 

for Income Taxes. Under FIN 48, the term “tax position” refers 

to “a position in a previously filed tax return or a position 

expected to be taken in a future tax return that is reflected in 

measuring current or deferred income tax assets and liabilities.” FIN 48 further states that a “tax position can result in 

a permanent reduction of income taxes payable, a deferral of 

income taxes otherwise currently payable to future years, or 

a change in the expected realizability of deferred tax assets.” 

FIN 48 was originally issued effective for fiscal years beginning after December 15, 2006. Banks must adopt FIN 48 for 

Call Report purposes in accordance with the interpretation’s 

effective date except as follows. On December 31, 2008, the 

FASB decided to defer the effective date of FIN 48 for eligible nonpublic enterprises and to require those enterprises to 

adopt FIN 48 for annual periods beginning after December 

15, 2008. A nonpublic enterprise under certain conditions is 

eligible for deferral, even if it opted to issue interim or quarterly financial information in 2007 under earlier guidance 

that reflected the adoption of FIN 48.

ASC Topic 718 (formerly FASB Statement No. 123 (Revised 2004) 

and Share-Based Payments – refer to previously published 

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

2008dec/qbpnot.html

ASC Topic 815 (formerly FASB Statement No. 133 Accounting for 

Derivative Instruments and Hedging Activities) – refer to previously published Quarterly Banking Profile notes: http://www2.fdic.

gov/qbp/2008dec/qbpnot.html

Accounting Standards Codification – In June 2009, the FASB 

issued Statement No. 168, The FASB Accounting Standards 

CodificationTM and the Hierarchy of Generally Accepted 

Accounting Principles (FAS 168), to establish the FASB 

Codification as the single source of authoritative nongovernmental U.S. generally accepted accounting principles (U.S. 

GAAP). The FASB Codification reorganizes existing U.S. 

accounting and reporting standards issued by the FASB and 

other related private-sector standard setters, and all guidance 

contained in the FASB Codification carries an equal level of 

authority. All previously existing accounting standards documents are superseded as described in FAS 168. All other 

accounting literature not included in the FASB Codification 

is nonauthoritative. The FASB Codification can be accessed 

at http://asc.fasb.org/. The FASB Codification is effective for 

interim and annual periods ending after September 15, 2009. 

This is an FFIEC reference guide at http://www.ffiec.gov/pdf/

ffiec_forms/CodificationIntroduction_201006.pdf.

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 – assessable deposits consist of DIF deposits 

(deposits insured by the FDIC Deposit Insurance Fund) in 

banks’ domestic offices with certain adjustments.
FDIC Quarterly 22 2011, Volume 5, No. 2

Long-term assets (5+ years) – loans and debt securities with 

remaining maturities or repricing intervals of over five years.

Maximum credit exposure – the maximum contractual credit 

exposure remaining under recourse arrangements and other 

seller-provided credit enhancements provided by the reporting bank to securitizations.

Mortgage-backed securities – certificates of participation in 

pools of residential mortgages and collateralized mortgage 

obligations issued or guaranteed by government-sponsored or 

private enterprises. Also, see “Securities,” below.

Net charge-offs – total loans and leases charged off (removed 

from balance sheet because of uncollectibility), less amounts 

recovered on loans and leases previously charged off.

Net interest margin – the difference between interest and dividends earned on interest-bearing assets and interest paid to 

depositors and other creditors, expressed as a percentage of 

average earning assets. No adjustments are made for interest 

income that is tax exempt.

Net loans to total assets – loans and lease financing receivables, net of unearned income, allowance and reserves, as a 

percent of total assets on a consolidated basis.

Net operating income – income excluding discretionary transactions such as gains (or losses) on the sale of investment securities and extraordinary items. Income taxes subtracted from 

operating income have been adjusted to exclude the portion 

applicable to securities gains (or losses).

Noncurrent assets – the sum of loans, leases, debt securities, 

and other assets that are 90 days or more past due, or in nonaccrual status.

Noncurrent loans & leases – the sum of loans and leases 90 days 

or more past due, and loans and leases in nonaccrual status.

Number of institutions reporting – the number of institutions 

that actually filed a financial report.

New charters – insured institutions filing quarterly financial 

reports for the first time.

Other borrowed funds – federal funds purchased, securities sold 

with agreements to repurchase, demand notes issued to the 

U.S. Treasury, FHLB advances, other borrowed money, mortgage indebtedness, obligations under capitalized leases and 

trading liabilities, less revaluation losses on assets held in 

trading accounts.

Other real estate owned – primarily foreclosed property. Direct 

and indirect investments in real estate ventures are excluded. 

The amount is reflected net of valuation allowances. For institutions that file a Thrift Financial Report (TFR), the valuation 

allowance subtracted also includes allowances for other repossessed assets. Also, for TFR filers the components of other real 

estate owned are reported gross of valuation allowances.

Percent of institutions with earnings gains – the percent of institutions that increased their net income (or decreased their 

losses) compared to the same period a year earlier.

“Problem” institutions – federal regulators assign a composite 

rating to each financial institution, based upon an evaluation 

of financial and operational criteria. The rating is based on a 

scale of 1 to 5 in ascending order of supervisory concern. 

“Problem” institutions are those institutions with financial, 

operational, or managerial weaknesses that threaten their 

continued financial viability. Depending upon the degree of 

risk and supervisory concern, they are rated either a “4” or 

“5.” The number and assets of “problem” institutions are 

based on FDIC composite ratings. Prior to March 31, 2008, 

The seller is obligated to purchase or sell the variable or 

index at the discretion of the buyer of the contract.

Swaps – obligations between two parties to exchange a 

series of cash flows at periodic intervals (settlement dates), 

for a specified period. The cash flows of a swap are either 

fixed, or determined for each settlement date by multiplying the quantity (notional principal) of the underlying 

variable or index by specified reference rates or prices. 

Except for currency swaps, the notional principal is used 

to calculate each payment but is not exchanged.

Derivatives underlying risk exposure – the potential exposure 

characterized by the level of banks’ concentration in particular underlying instruments, in general. Exposure can result 

from market risk, credit risk, and operational risk, as well as, 

interest rate risk.

Domestic deposits to total assets – total domestic office deposits 

as a percent of total assets on a consolidated basis.

Earning assets – all loans and other investments that earn 

interest or dividend income.

Efficiency ratio – noninterest expense less amortization of 

intangible assets as a percent of net interest income plus noninterest income. This ratio measures the proportion of net 

operating revenues that are absorbed by overhead expenses, 

so that a lower value indicates greater efficiency.

Estimated insured deposits – in general, insured deposits are total 

domestic deposits minus estimated uninsured deposits. Beginning March 31, 2008, for institutions that file Call reports, 

insured deposits are total assessable deposits minus estimated 

uninsured deposits. Beginning September 30, 2009, insured 

deposits include deposits in accounts of $100,000 to $250,000 

that are covered by a temporary increase in the FDIC’s standard maximum deposit insurance amount (SMDIA).

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.
FDIC Quarterly 23 2011, Volume 5, No. 2

Quarterly Banking Profile

Effective April 1, 2009, the initial base assessment rates are 

12 to 45 basis points. An institution’s total assessment rate 

may be less than or greater than its initial base assessment 

rate as a result of additional risk adjustments.

The base assessment rates for most institutions in Risk 

Category I are based on a combination of financial ratios and 

CAMELS component ratings (the financial ratios method).

For large institutions in Risk Category I (generally those with 

at least $10 billion in assets) that have long-term debt issuer 

ratings, assessment rates are determined by equally weighting 

the institution’s CAMELS component ratings, long-term debt 

issuer ratings, and the financial ratios method assessment rate. 

For all large Risk Category I institutions, additional risk factors are considered to determine whether assessment rates 

should be adjusted. This additional information includes 

market data, financial performance measures, considerations 

of the ability of an institution to withstand financial stress, 

and loss severity indicators. Any adjustment is limited to no 

more than one basis point.

Effective April 1, 2009, the FDIC introduced three possible 

adjustments to an institution’s initial base assessment rate: 

(1) a decrease of up to 5 basis points for long-term unsecured 

debt and, for small institutions, a portion of Tier 1 capital; 

(2) an increase not to exceed 50 percent of an institution’s 

assessment rate before the increase for secured liabilities in 

excess of 25 percent of domestic deposits; and (3) for nonRisk Category I institutions, an increase not to exceed 10 

basis points for brokered deposits in excess of 10 percent of 

domestic deposits. After applying all possible adjustments, 

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

Initial base 

assessment rate 12–16 22 32 45

Unsecured debt 

adjustment -5 –0 -5–0 -5 –0 -5–0

Secured liability 

adjustment 0 –8 0 –11 0 –16 0 –22.5

Brokered deposit 

adjustment – 0 –10 0 –10 0 –10

Total base 

assessment rate 7–24.0 17–43.0 27–58.0 40–77.5

*All amounts for all risk categories are in basis points annually. Total base rates that are 

not the minimum or maximum rate will vary between these rates. 

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. For institutions with long-term debt issuer 

ratings, changes in ratings are effective for assessment purposes as of the date the change was announced.

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 

for institutions whose primary federal regulator was the OTS, 

the OTS composite rating was used.

Recourse – an arrangement in which a bank retains, in form or 

in substance, any credit risk directly or indirectly associated 

with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the 

bank’s claim on the asset. If a bank has no claim on an asset 

it has sold, then the retention of any credit risk is recourse.

Reserves for losses – the allowance for loan and lease losses on 

a consolidated basis.

Restructured loans and leases – loan and lease financing receivables with terms restructured from the original contract. 

Excludes restructured loans and leases that are not in compliance with the modified terms.

Retained earnings – net income less cash dividends on common and preferred stock for the reporting period.

Return on assets – bank net income (including gains or losses 

on securities and extraordinary items) as a percentage of average total (consolidated) assets. The basic yardstick of bank 

profitability.

Return on equity – bank net income (including gains or losses 

on securities and extraordinary items) as a percentage of average total equity capital.

Risk-based capital groups – definition:

(Percent)

Total 

Risk-Based 

Capital*

Tier 1

Risk-Based 

Capital*

Tier 1 

Leverage

Tangible

Equity

Well-capitalized ≥10 and ≥6 and ≥5 –

Adequately 

capitalized ≥8 and ≥4 and ≥4 –

Undercapitalized ≥6 and ≥3 and ≥3 –

Significantly 

undercapitalized <6 or <3 or <3 and >2

Critically 

undercapitalized – – – ≤2

* As a percentage of risk-weighted assets.

Risk Categories and Assessment Rate Schedule – The current risk 

categories became effective January 1, 2007. Capital ratios 

and supervisory ratings distinguish one risk category from 

another. The following table shows the relationship of risk 

categories (I, II, III, IV) to capital and supervisory groups as 

well as the initial base assessment rates (in basis points), 

effective April 1, 2009, 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 riskbased assessment capital groups, undercapitalized includes 

institutions that are significantly or critically undercapitalized.

Capital Category

Supervisory Group

A B C

1. Well Capitalized I

12–16 bps II

22 bps

III

32 bps 2. Adequately Capitalized II

22 bps

3. Undercapitalized III

32 bps

IV

45 bps
FDIC Quarterly 24 2011, Volume 5, No. 2

interim rule extending the TAG program for six months 

through December 31, 2010, with a possibility of an additional 12-month extension, through December 31, 2011. 

(Section 343 of the Dodd-Frank Wall Street Reform and 

Consumer Protection Act (Dodd-Frank Act) provides 

temporary unlimited insurance coverage to noninterestbearing transaction accounts at all FDIC-insured institutions. The separate coverage for these accounts becomes 

effective on December 31, 2010, and ends on December 

31, 2012.)

Debt Guarantee Program (DGP) provides a full guarantee of 

senior unsecured debt1 issued by eligible institutions after 

October 14, 2008. Initially, debt issued before June 30, 

2009, and maturing on or before June 30, 2012, could be 

guaranteed. On March 17, 2009, the deadline for issuance 

under the program was extended to October 31, 2009, and 

the expiration of the guarantee was set at the earlier of 

maturity of the debt or December 31, 2012. Institutions 

eligible for participation in the debt guarantee program 

include insured depository institutions, U.S. bank holding 

companies, certain U.S. savings and loan holding companies, and other affiliates of an insured depository institution that the FDIC designates as eligible entities. The 

FDIC Board adopted a final rule on October 20, 2009, 

that established a limited six-month emergency guarantee 

facility upon expiration of the DGP.

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.)

Volatile liabilities – the sum of large-denomination time deposits, foreign-office deposits, federal funds purchased, securities 

sold under agreements to repurchase, and other borrowings.

Yield on earning assets – total interest, dividend, and fee 

income earned on loans and investments as a percentage of 

average earning assets.

1

 Senior unsecured debt generally includes term Federal funds 

purchased, promissory notes, commercial paper, unsubordinated 

unsecured notes, certificates of deposit (CDs) standing to the credit of 

a bank, and U.S. dollar denominated bank deposits owed to an insured 

depository institution.

levied on each insured depository institution’s assets minus its 

Tier 1 capital as reported in its report of condition as of June 

30, 2009. The special assessment was collected September 30, 

2009, at the same time that the risk-based assessment for the 

second quarter of 2009 was collected. The special assessment 

for any institution was capped at 10 basis points of the institution’s assessment base for the second quarter of 2009 riskbased assessment.

Prepaid Deposit Insurance Assessments – In November 2009, the 

FDIC Board of Directors adopted a final rule requiring insured 

depository institutions (except those that are exempted) to 

prepay their quarterly risk-based deposit insurance assessments 

for the fourth quarter of 2009, and for all of 2010, 2011, and 

2012, on December 30, 2009. Each institution’s regular riskbased deposit insurance assessment for the third quarter of 

2009, which is paid in arrears, also is payable on December 

30, 2009.

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.

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.

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.

Temporary Liquidity Guarantee Program (TLGP) – was approved 

by the FDIC Board on October 13, 2008. The TLGP was 

designed to help relieve the crisis in the credit markets by 

giving banks access to liquidity during a time of global financial distress. Participation in the TLGP is voluntary. The 

TLGP has two components:

Transaction Account Guarantee Program (TAGP) provides a full 

guarantee of non-interest-bearing deposit transaction 

accounts above $250,000, at depository institutions that 

elected to participate in the program. On August 26, 

2009, the FDIC Board voted to extend the TAGP six 

months beyond its original expiration date to June 30, 

2010. On April 13, 2010, the FDIC Board adopted an