FDIC Quarterly 1 2014, Volume 8, No. 1

Quarterly Banking Profile Fourth Quarter 2013

Lower Provision Expenses Exceed Decline in Revenues

Lower expenses for loan-loss provisions and a reduction 

in litigation reserves contributed to a $5.8 billion (16.9 

percent) year-over-year increase in quarterly net income 

at the nation’s 6,812 insured commercial banks and 

savings institutions. Earnings improved despite a second 

consecutive year-over-year decline in quarterly revenues, 

caused in large part by reduced mortgage lending activity. A majority of institutions—53.1 percent—reported 

higher quarterly earnings than in fourth quarter 2012, 

while the percentage of institutions reporting quarterly 

losses fell to 12.2 percent, compared with 15 percent in 

the same quarter in 2012. The average return on assets 

(ROA) rose to 1.1 percent, from 0.96 percent a year ago.

Income From Mortgage Lending Remains Below 

Year-Ago Level

Net operating revenue—the sum of net interest income 

and total noninterest income—was $2.8 billion (1.7 

percent) lower than a year ago. Net interest income 

posted the first year-over-year increase in five quarters, 

rising by $1.4 billion (1.3 percent), but noninterest 

income was $4.2 billion (6.6 percent) less than banks 

reported in fourth quarter 2012. The decline in 

noninterest income reflected lower income from sale, 

securitization and servicing of 1-to-4 family residential 

mortgage loans (down $2.8 billion, or 34.4 percent 

compared with a year ago), and reduced income from 

trading (down $1.4 billion, or 32.2 percent). In addition to the decline in net operating revenue, realized 

securities gains were $1 billion (66.6 percent) lower 

than a year ago. The year-over-year drop in revenue was 

offset by an $8.1 billion (53.7 percent) reduction in 

loan-loss provisions, and a $5.8 billion (5.3 percent) 

decline in noninterest expenses. Much of the reduction 

in noninterest expenses was attributable to a $3.1 

billion decline in litigation expenses at one large institution, but the industry’s expenses for salaries and 

employee benefits were also $756 million (1.6 percent) 

lower, and premises and fixed asset expenses fell by 

$118 million (1 percent).

Full-Year Earnings Post Fourth Consecutive Increase

For full year 2013, industry net income totaled $154.7 

billion, an increase of $13.6 billion (9.6 percent) over 

2012. This is the fourth year in a row that full-year earnings have risen. More than half of all institutions—54.2 

percent—reported higher annual net income in 2013, 

while only 7.8 percent reported net losses for the full 

year. This is the lowest annual proportion of unprofitable 

■ Quarterly Net Income of $40.3 Billion Is 17 Percent Higher Than a Year Ago

■ Lower Provisions Remain Key to Earnings Growth

■ Full-Year Net Income of $154.7 Billion Represents a 10 Percent Increase

■ Loan Growth Remains Modest, as Mortgage Lending Declines

■ Two Failures in Fourth Quarter Are Fewest Since Second Quarter 2008

INSURED INSTITUTION PERFORMANCE

Quarterly Net Income

Billions of Dollars

-$50

-$40

-$30

-$20

-$10

$0

$10

$20

$30

$40

$50

1234 12341234 1234 1234

-6.1

-12.6

2009 2010

2.1

-1.7

17.4

20.9 23.8 21.4

28.7

2011

28.5

35.2

25.3

34.8

2012

34.4 37.5 34.4

2013

40.3 38.1 36.0

40.3

Securities and Other Gains/Losses, Net

Net Operating Income

Chart 1 Chart 2

Quarterly Revenue and Loan-Loss Provision

Billions of Dollars

$0

$20

$40

$60

$80

$100

$120

$140

$160

$180

123 412341 2 3 41234123 4

2009 2010

* Net operating revenue = net interest income + noninterest income.

2011 2012 2013 

Quarterly Net Operating Revenue*

Quarterly Loan-Loss Provision
FDIC Quarterly 2 2014, Volume 8, No. 1

institutions for the industry since 2005. Full-year loanloss provisions of $32.1 billion were $25.7 billion (44.4 

percent) less than banks set aside in 2012. This is the 

fourth year in a row that loan-loss provisions have been 

lower, and the total for 2013 was the smallest annual 

total since 2006. Net interest income declined for a third 

consecutive year, falling by $3.7 billion (0.9 percent), as 

interest income fell more rapidly than interest expense. 

Noninterest income was $3.2 billion (1.3 percent) above 

the level of 2012, as trading revenue increased by $4.3 

billion (23.7 percent), and servicing fee income rose by 

$3.9 billion (27.5 percent). Realized gains on securities 

were $5.2 billion (53.7 percent) lower than a year ago. 

Total noninterest expense was $4.5 billion (1.1 percent) 

less. The average ROA for 2013 was 1.07 percent, the 

highest annual average for the industry since 2006.

Loan Losses Fall to Seven-Year Low

Asset quality indicators continued to show improvement in the fourth quarter. Net charge-offs of loans and 

leases totaled $11.7 billion, a $6.8 billion (36.7 percent) 

decline from fourth quarter 2012. This is the 14th 

consecutive quarter that net charge-offs have posted a 

year-over-year decline, and is the lowest fourth-quarter 

total since 2006. Charge-offs were lower in all major 

loan categories, with the largest decline occurring in 

residential mortgages, where charge-offs were $2.1 

billion (57.7 percent) lower than a year ago.

Noncurrent Balances Are Down 50 Percent From 

Their Cyclical Peak

The amount of loans and leases that were noncurrent 

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

declined for a 15th consecutive quarter, falling by $14 

billion (6.3 percent). Noncurrent balances declined in 

all major loan groups, led by residential mortgages, 

where noncurrent loans fell by $7.5 billion (5.3 

percent). At the end of 2013, noncurrent loan balances 

totaled $207.1 billion, which is $202.9 billion (49.5 

percent) below the peak level reached at the end of first 

quarter 2010. At year-end 2013, 2.62 percent of all loan 

and lease balances were noncurrent, the lowest percentage since third quarter 2008.

Coverage Improves Despite Reductions in Reserves

Insured institutions reduced their loan-loss reserves by 

$6.7 billion (4.7 percent) during the fourth quarter, as 

the $11.7 billion in net charge-offs taken out of reserves 

exceeded the $7 billion in provisions that banks added 

to reserves. This is the 15th consecutive quarter that 

the industry’s loss reserves have declined. At the end of 

the quarter, reserves represented 1.72 percent of total 

loans and leases, the lowest percentage since first quarter 2008. Despite the reduction in reserve balances, the 

industry’s “coverage ratio” of reserves to noncurrent 

loans and leases rose from 64.5 percent to 65.6 percent 

during the quarter because of the large decline in 

noncurrent loans. This is the 5th consecutive quarter 

that the coverage ratio has risen.

Banks Continue to Increase Capital Levels

Equity capital increased by $21.3 billion (1.3 percent) 

during the quarter. Retained earnings contributed $11.2 

billion to equity, while capital infusions from parent 

holding companies added $11.9 billion. A decline in 

market values of available-for-sale securities reduced 

equity growth by $9 billion. Tier 1 leverage capital 

increased by $23 billion (1.7 percent). The industry’s 

core capital (leverage) ratio edged up from 9.4 percent 

to 9.41 percent, which is the highest level for this regulatory capital ratio in the 23 years that current capital 

standards have been in effect. At the end of 2013, 

Chart 4

Quarterly Net Interest Margins

Percent

0.0

0.5

1.0

1.5

2.0

2.5

3.0

3.5

4.0

4.5

5.0

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

Assets < $1 Billion

Assets $1 Billion - $10 Billion

Assets $10 Billion - $100 Billion

Assets > $100 Billion

Chart 3

Year-Over-Year Change in Quarterly

Loan-Loss Provisions

Billions of Dollars

-$35

-$30

-$25

-$20

-$15

-$10

-$5

$0

1234 1234 123 4

-30.7

-8.1

2011 2012 2013
FDIC Quarterly 3 2014, Volume 8, No. 1

Quarterly Banking Profile

almost 98 percent of all insured institutions, representing 99.8 percent of total industry assets, met or 

surpassed the highest regulatory capital standards as 

defined for Prompt Corrective Action purposes.

Two-Thirds of Banks Report Growth in 

Loan Portfolios 

Total assets increased by $126.6 billion (0.9 percent), as 

loan portfolios grew for the 9th time in the past 11 

quarters. Total loan and lease balances increased by 

$90.9 billion (1.2 percent), with commercial and industrial (C&I) loans rising by $27.3 billion (1.7 percent), 

real estate loans secured by nonfarm nonresidential 

properties up by $17.1 billion (1.6 percent), and credit 

card balances posting a seasonal $14.3 billion (2.1 

percent) increase. Loans to small businesses and farms 

rose by $2.9 billion (0.4 percent), as small C&I loans 

increased by $3 billion (1 percent). Home equity loan 

balances declined for a 19th consecutive quarter, falling 

by $6.9 billion (1.3 percent). Balances of other loans 

secured by 1-to-4 family residential real estate properties 

fell by $13 billion (0.7 percent), as the amount of mortgage loans sold during the quarter surpassed the amount 

originated for sale by $29 billion. Nearly two out of 

every three banks (65.1 percent) reported growth in 

their loan portfolios during the quarter. Securities portfolios increased by $44.3 billion (1.5 percent), despite a 

$14.5 billion decline in the fair value of securities in 

available-for-sale accounts. Much of the growth 

consisted of increased holdings of U.S. Treasury securities, which rose by $33 billion (20.6 percent).

Deposit Growth Remains Strong

Increased balances in large-denomination accounts were 

responsible for much of the growth in deposits in the 

fourth quarter. Total deposits increased by $163.8 

Chart 5

Annual Net Income

Billions of Dollars

Securities and Other Gains/Losses, Net

Net Operating Income

-$20

$0

$20

$40

$60

$80

$100

$120

$140

$160

$180

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

81.5 87.4

104.7

120.6 122.2

133.8

145.2

99.9

4.5

-10.0

85.5

118.4

141.1

154.7

Chart 6

Noncurrent Loan Rate and Quarterly Net Charge-Off Rate

Percent

0

1

2

3

4

5

6

2006 2007 2008 2009 2010 2011 2012 2013

Noncurrent Loan Rate

Quarterly Net Charge-Off Rate

Chart 7

Reserve Coverage Ratio*

Billions of Dollars Percent

Coverage Ratio

(Percent)

Loan-Loss Reserves ($ Billions)

Noncurrent Loans & Leases

($ Billions)

$0

$50

$100

$150

$200

$250

$300

$350

$400

$450

2006 2007 2008 2009 2010 2011 2012 2013

0

20

40

60

80

100

120

140

160

180

* Loan-loss reserves to noncurrent loans & leases.

Chart 8

Quarterly Change in Loan Balances

Billions of Dollars

43

189

237

203

61

28

-6

-116-140

-109

-210

-133 -107

-7 -14

-126

67

24

-63

102

65

118

-37

73 70 91

134

-$250

-$200

-$150

-$100

-$50

$0

$50

$100

$150

$200

$250

$300

1234123 41234123412341 234123 4

2007 2008 2009 2010

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

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

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

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

2011 2012 2013

221*
FDIC Quarterly 4 2014, Volume 8, No. 1

billion (1.5 percent), as balances in domestic offices 

rose by $191.3 billion and foreign office balances fell by 

$27.4 billion. Deposits in domestic accounts with 

balances greater than $250,000 rose by $166 billion (3.5 

percent). Nondeposit liabilities fell by $55.1 billion (2.9 

percent), largely because of a $42 billion (12.1 percent) 

decline in securities sold under repurchase agreements. 

Banks increased their advances from Federal Home 

Loan Banks by $33.1 billion (8.9 percent). 

Quarterly Failures Fall to Lowest Level in 

More Than Five Years

The number of insured institutions reporting financial 

results declined from 6,891 to 6,812 during the fourth 

quarter. Mergers absorbed 73 institutions, while two 

insured institutions failed. This is the smallest number 

of quarterly failures since second quarter 2008. One new 

reporter was added during the quarter, the first de novo

charter since fourth quarter 2010. The number of institutions on the FDIC’s “Problem List” declined from 515 

to 467 during the quarter. Total assets of “problem” 

banks fell from $174.2 billion to $152.7 billion. The 

number of full-time equivalent employees declined by 

11,584 (0.6 percent) during the quarter. For all of 2013, 

the net reduction in reporting institutions was 271. 

There were 232 mergers during the year, while 24 

insured institutions failed. Two new reporters were 

added in 2013. For the full year, the number of employees declined by 41,490 (2 percent).

Author: Ross Waldrop, Senior Banking Analyst

Division of Insurance and Research

(202) 898-3951

Chart 11

Quarterly Deposit Growth

-$200

-$100

$0

$100

$200

$300

$400

$500

4123 4 1 2 3 4 1 2 3 4123 4

Domestic Deposits in Accounts < $250,000

Domestic Deposits in Accounts > $250,000

Deposits in Foreign Offices

Quarterly Change (Billions of Dollars)

2009 2010 2011 2012 2013

Chart 9

Unrealized Gains/Losses on Available-for-Sale Securities

Billions of Dollars

-19

-43

-63-56

-41

-29

13 7

18

36 42

18

34

45 42 47 54

73

57

6 6

-9

17

66

-$80

-$60

-$40

-$20

$0

$20

$40

$60

$80

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

FDIC-Insured Call Report Filers*

2008 2009 2010

* Prior to 2012, does not include data for insured savings institutions that file Thrift 

Financial Reports (TFRs). Beginning in 2012, all insured institutions file Call Reports.

2011 2012 2013

Chart 12

Quarterly Changes in the Number of

Troubled Institutions

Quarterly Failures

Net Quarterly Change in

Number of Problem Banks

27

81

53

111

136

150

73 54

31 24

4 -23-21-31 -40-38-43-39

-59

-38-48

50 45

41

45

41

30

26 22 26 14 18 16 15 12 8 12

54

-41

27

81

53

111

136

150

73 54

31 24

4 -23-21-31 -40-38-43-39

-59

-38-48

14

54

-41

2

2

9

12

21

24

4 6 2

-75

-50

-25

0

25

50

75

100

125

150

175

200

123412341234123412341234

2008 2009 2010 2011 2012 2013

Chart 10

Long-Term Assets as a Percentage of Total Assets*

0

5

10

15

20

25

30

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

(Mature or Reprice in Five or More Years)

Percent of Total Assets

* Call Report filers only.
FDIC Quarterly 5 2014, Volume 8, No. 1

Quarterly Banking Profile

TABLE I-A. Selected Indicators, All FDIC-Insured Institutions* 2013 2012 2011 2010 2009 2008 2007

Return on assets (%)������������������������������������������������������������������������������������������������������ 1.07 1.00 0.88 0.65 -0.08 0.

Return on equity (%)������������������������������������������������������������������������������������������������������� 9.56 8.91 7.79 5.85 -0.73 0.

Core capital (leverage) ratio (%) ������������������������������������������������������������������������������������ 9.41 9.15 9.07 8.89 8.60 7.

Noncurrent assets plus other real estate owned to assets (%) ������������������������������������ 1.63 2.20 2.61 3.11 3.37 1.

Net charge-offs to loans (%) ������������������������������������������������������������������������������������������ 0.69 1.10 1.55 2.55 2.52 1.

Asset growth rate (%) ����������������������������������������������������������������������������������������������������� 1.88 4.02 4.30 1.77 -5.45 6.

Net interest margin (%)��������������������������������������������������������������������������������������������������� 3.26 3.42 3.60 3.76 3.49 3.

Net operating income growth (%)����������������������������������������������������������������������������������� 13.07 17.76 43.56 1,594.65 -155.98 -90.71

Number of institutions reporting������������������������������������������������������������������������������������� 6,812 7,083 7,357 7,658 8,012 8,305 8,534

Commercial banks��������������������������������������������������������������������������������������������������� 5,876 6,096 6,291 6,530 6,840 7,087 7,284

Savings institutions ������������������������������������������������������������������������������������������������� 936 987 1,066 1,128 1,172 1,218 1,250

Percentage of unprofitable institutions (%)�������������������������������������������������������������������� 7.84 10.97 16.22 22.15 30.84 24.8

Number of problem institutions �������������������������������������������������������������������������������������� 467 651 813 884 702 252 76

Assets of problem institutions (in billions) ��������������������������������������������������������������������� $153 $233 $319 $390 $403 $159 $22

Number of failed institutions������������������������������������������������������������������������������������������� 24 51 92 157 140 25 3

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

* Excludes insured branches of foreign banks (IBAs)

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

(dollar figures in millions)  4th Quarter

2013

3rd Quarter

2013

4th Quarter

2012

%Change 

12Q4-13Q4

Number of institutions reporting������������������������������������������������������������������������������������� 6,812 6,891 7,083 -3.

Total employees (full-time equivalent)��������������������������������������������������������������������������� 2,068,786 2,080,370 2,110,276 -2.

CONDITION DATA

Total assets��������������������������������������������������������������������������������������������������������������������� $14,722,801 $14,596,219 $14,450,669 1.

Loans secured by real estate���������������������������������������������������������������������������������� 4,065,607 4,053,155 4,091,759 -0.

 1-4 Family residential mortgages �������������������������������������������������������������������� 1,828,568 1,841,533 1,892,083 -3.

 Nonfarm nonresidential������������������������������������������������������������������������������������ 1,109,553 1,092,479 1,073,406 3.

 Construction and development 209,941 206,047 203,118 3.

 Home equity lines��������������������������������������������������������������������������������������������� 510,821 517,749 554,866 -7.

Commercial & industrial loans �������������������������������������������������������������������������������� 1,599,165 1,571,889 1,497,692 6.

Loans to individuals������������������������������������������������������������������������������������������������� 1,353,491 1,331,700 1,327,561 2.

 Credit cards ������������������������������������������������������������������������������������������������������ 691,386 677,074 696,085 -0.

Farm loans��������������������������������������������������������������������������������������������������������������� 70,641 67,994 67,016 5.

Other loans & leases����������������������������������������������������������������������������������������������� 805,916 779,141 713,454 13.

Less: Unearned income ������������������������������������������������������������������������������������������ 1,898 1,857 1,838 3.

Total loans & leases ������������������������������������������������������������������������������������������������ 7,892,922 7,802,022 7,695,643 2.

Less: Reserve for losses����������������������������������������������������������������������������������������� 135,891 142,572 162,079 -16.

Net loans and leases����������������������������������������������������������������������������������������������� 7,757,032 7,659,450 7,533,565 3.

Securities����������������������������������������������������������������������������������������������������������������� 3,001,952 2,957,631 3,009,957 -0.

Other real estate owned������������������������������������������������������������������������������������������ 30,216 31,820 38,470 -21.

Goodwill and other intangibles ������������������������������������������������������������������������������� 368,454 367,122 366,541 0.

All other assets�������������������������������������������������������������������������������������������������������� 3,565,147 3,580,195 3,502,136 1.

Total liabilities and capital ���������������������������������������������������������������������������������������������� 14,722,801 14,596,219 14,450,669 1.

Deposits������������������������������������������������������������������������������������������������������������������� 11,192,032 11,028,208 10,817,339 3.

 Domestic office deposits���������������������������������������������������������������������������������� 9,790,929 9,599,677 9,446,984 3.

 Foreign office deposits������������������������������������������������������������������������������������� 1,401,102 1,428,531 1,370,355 2.

Other borrowed funds ��������������������������������������������������������������������������������������������� 1,307,593 1,311,811 1,322,393 -1.

Subordinated debt��������������������������������������������������������������������������������������������������� 99,618 108,673 118,023 -15.

All other liabilities ���������������������������������������������������������������������������������������������������� 468,796 510,638 563,810 -16.

Total equity capital (includes minority interests)���������������������������������������������������� 1,654,762 1,636,888 1,629,104 1.

 Bank equity capital������������������������������������������������������������������������������������������� 1,643,382 1,622,072 1,613,547 1.

Loans and leases 30-89 days past due������������������������������������������������������������������������� 75,995 73,107 88,887 -14.

Noncurrent loans and leases ����������������������������������������������������������������������������������������� 207,129 221,114 276,836 -25.

Restructured loans and leases �������������������������������������������������������������������������������������� 99,428 100,680 104,955 -5.

Mortgage-backed securities ������������������������������������������������������������������������������������������ 1,673,877 1,668,577 1,706,172 -1.

Earning assets���������������������������������������������������������������������������������������������������������������� 13,064,434 12,928,972 12,682,215 3.

FHLB Advances�������������������������������������������������������������������������������������������������������������� 406,107 373,052 333,842 21.

Unused loan commitments��������������������������������������������������������������������������������������������� 6,098,018 6,101,709 5,833,655 4.

Trust assets��������������������������������������������������������������������������������������������������������������������� 19,705,086 19,065,493 17,528,509 12.

Assets securitized and sold ������������������������������������������������������������������������������������������� 741,900 761,133 871,800 -14.

Notional amount of derivatives��������������������������������������������������������������������������������������� 238,102,565 242,925,942 224,128,287 6.

INCOME DATA

Full Year

 2013

Full Year

 2012 %Change

4th Quarter 

2013

4th Quarter 

2012

%Change 

12Q4-13Q4

Total interest income ������������������������������������������������������������������� $470,759 $486,728 -3.3 $119,037 $120,252 -1

Total interest expense ����������������������������������������������������������������� 53,614 65,902 -18.7 12,634 15,254 -17

Net interest income �������������������������������������������������������������� 417,146 420,827 -0.9 106,403 104,997 1

Provision for loan and lease losses �������������������������������������������� 32,124 57,802 -44.4 7,002 15,136 -53

Total noninterest income������������������������������������������������������������� 251,832 248,634 1.3 59,728 63,967 -6

Total noninterest expense ����������������������������������������������������������� 416,762 421,220 -1.1 102,740 108,493 -5

Securities gains (losses)������������������������������������������������������������� 4,482 9,680 -53.7 506 1,514 -66

Applicable income taxes ������������������������������������������������������������� 69,376 58,306 19.0 16,500 12,223 35

Extraordinary gains, net�������������������������������������������������������������� 253 -146 N/M 87 -91 N/M

Total net income (includes minority interests)��������������������� 155,451 141,667 9.7 40,482 34,535 17

 Bank net income������������������������������������������������������������ 154,667 141,056 9.6 40,263 34,434 16

Net charge-offs���������������������������������������������������������������������������� 53,222 82,221 -35.3 11,704 18,479 -36

Cash dividends ���������������������������������������������������������������������������� 87,137 96,409 -9.6 29,025 35,555 -18

Retained earnings ����������������������������������������������������������������������� 67,530 44,648 51.3 11,239 -1,121 N/

Net operating income����������������������������������������������������������� 152,062 134,491 13.1 40,099 33,427 20

N/M - Not Meaningful
FDIC Quarterly 6 2014, Volume 8, No. 1

TABLE III-A. Full Year 2013, All FDIC-Insured Institutions

Asset Concentration Groups*

FULL YEAR

(The way it is...)

All Insured 

Institutions

Credit 

Card 

Banks

International 

Banks

Agricultural 

Banks

Commercial 

Lenders

Mortgage 

Lenders

Consumer 

Lenders

Other 

Specialized 

<$1 Billion

All Other 

<$1 Billion

All Other 

>$1 Billion

Number of institutions reporting����������������������� 6,812 16 4 1,532 3,377 588 55 406 772 62

Commercial banks������������������������������������� 5,876 13 4 1,511 3,040 169 42 369 675 53

Savings institutions ����������������������������������� 936 3 0 21 337 419 13 37 97 9

Total assets (in billions)������������������������������������ $14,722.8 $590.9 $3,691.5 $261.6 $4,922.0 $486.9 $162.5 $63.0 $137.

Commercial banks������������������������������������� 13,670.3 514.3 3,691.5 255.3 4,508.5 194.8 80.8 58.4 116

Savings institutions ����������������������������������� 1,052.5 76.6 0.0 6.3 413.5 292.1 81.7 4.7 

Total deposits (in billions)��������������������������������� 11,192.0 340.6 2,645.5 218.0 3,849.5 362.9 137.4 51.6 116

Commercial banks������������������������������������� 10,389.3 287.0 2,645.5 213.7 3,546.0 147.8 68.3 48.2 98

Savings institutions ����������������������������������� 802.8 53.6 0.0 4.3 303.5 215.1 69.1 3.4 

Bank net income (in millions) ��������������������������� 154,667 19,586 31,399 2,961 43,959 4,796 1,840 1,222 1,185 47,719

Commercial banks������������������������������������� 143,498 16,057 31,399 2,838 41,392 2,579 1,038 714 1,077 46,404

Savings institutions ����������������������������������� 11,169 3,530 0 123 2,567 2,217 801 507 108 1,315

Performance Ratios (%)

Yield on earning assets������������������������������������ 3.68 10.19 2.88 4.16 3.98 3.59 3.85 3.08

Cost of funding earning assets ������������������������ 0.42 0.72 0.45 0.55 0.46 0.72 0.53 0.43

Net interest margin������������������������������������ 3.26 9.47 2.43 3.61 3.52 2.87 3.32 2.65

Noninterest income to assets��������������������������� 1.74 4.49 1.77 0.65 1.33 1.06 1.54 5.10

Noninterest expense to assets������������������������� 2.88 5.91 2.54 2.51 3.02 2.35 2.50 4.80

Loan and lease loss provision to assets���������� 0.22 2.03 0.10 0.10 0.20 0.09 0.47 0.08

Net operating income to assets ����������������������� 1.05 3.38 0.83 1.14 0.90 0.95 1.10 1.90

Pretax return on assets ������������������������������������ 1.55 5.22 1.27 1.36 1.27 1.34 1.82 2.66

Return on assets����������������������������������������������� 1.07 3.37 0.86 1.15 0.92 0.98 1.16 1.93

Return on equity ����������������������������������������������� 9.56 23.07 9.57 10.32 7.71 8.60 12.25 13.99

Net charge-offs to loans and leases���������������� 0.69 3.20 0.97 0.14 0.42 0.37 0.80 0.49

Loan and lease loss provision to 

net charge-offs���������������������������������������������� 60.36 81.69 27.99 120.11 68.96 41.69 88.75 59.89 8

Efficiency ratio �������������������������������������������������� 60.54 43.26 64.84 62.69 64.73 62.22 52.17 63.59 7

% of unprofitable institutions���������������������������� 7.84 0.00 0.00 2.81 9.51 12.41 1.82 10.34

% of institutions with earnings gains���������������� 54.23 81.25 75.00 49.02 60.76 43.20 50.91 47.78 4

Condition Ratios (%)

Earning assets to total assets �������������������������� 88.74 92.23 86.82 91.99 89.47 93.71 95.93 91.60 9

Loss allowance to:

Loans and leases �������������������������������������� 1.72 3.48 2.26 1.44 1.52 1.29 1.26 1.86

Noncurrent loans and leases �������������������� 65.61 296.22 82.57 132.85 80.03 42.96 75.78 96.95 8

Noncurrent assets plus

other real estate owned to assets ���������������� 1.63 0.93 1.07 0.95 1.64 2.14 1.23 0.87

Equity capital ratio�������������������������������������������� 11.16 14.73 9.30 10.98 11.79 11.62 9.51 13.50 1

Core capital (leverage) ratio ���������������������������� 9.41 13.01 7.89 10.33 10.14 10.91 9.45 13.10 

Tier 1 risk-based capital ratio��������������������������� 13.14 14.71 12.68 14.52 12.75 21.40 13.82 29.67 1

Total risk-based capital ratio ���������������������������� 14.93 16.96 14.77 15.64 14.38 22.53 14.65 30.69 2

Net loans and leases to deposits��������������������� 69.31 132.84 47.99 74.07 84.88 80.80 80.08 34.19 6

Net loans to total assets ���������������������������������� 52.69 76.57 34.39 61.72 66.39 60.22 67.72 27.97 5

Domestic deposits to total assets �������������������� 66.50 54.61 43.93 83.33 77.13 74.38 84.55 81.05 8

Structural Changes

New reporters�������������������������������������������� 2 0 0 1 0 1 0 0 0 0

Institutions absorbed by mergers ������������� 232 0 0 36 161 8 0 2 15 10

Failed institutions �������������������������������������� 24 0 0 0 21 0 0 0 3 0

PRIOR FULL YEARS

(The way it was...)

Number of institutions ������������������������������2012 7,083 19 5 1,537 3,499 659 51 414 826 73

��������������������������������������2010 7,658 22 4 1,559 4,085 718 72 314 815 69

������������������������������������� 2008 8,305 26 5 1,559 4,753 839 91 279 709 44

Total assets (in billions)����������������������������2012 $14,450.7 $600.7 $3,808.4 $239.9 $4,339.4 $628.3 $101.6 $64.9 $145.

��������������������������������������2010 13,318.9 705.4 3,038.1 199.8 4,094.6 789.0 114.3 42.9 132

������������������������������������� 2008 13,841.2 513.0 3,410.1 168.8 5,461.2 997.1 122.2 34.4 94

Return on assets (%)��������������������������������2012 1.00 3.13 0.80 1.27 0.89 0.87 1.46 1.23

��������������������������������������2010 0.65 1.82 0.72 0.98 0.20 0.68 1.28 1.48

������������������������������������� 2008 0.03 1.70 0.25 1.00 -0.13 -0.48 -0.01 1.43 

Net charge-offs to loans & leases (%) �����2012 1.10 3.69 1.41 0.24 0.75 0.82 1.31 0.45

��������������������������������������2010 2.55 10.83 2.29 0.59 1.90 1.14 2.37 0.64

������������������������������������� 2008 1.29 5.94 1.44 0.41 1.14 0.86 1.74 0.35

Noncurrent assets plus 

OREO to assets (%)������������������������������2012 2.20 1.11 1.39 1.11 2.21 2.70 0.88 1.04

��������������������������������������2010 3.11 1.90 2.38 1.62 3.71 2.88 1.22 0.81

������������������������������������� 2008 1.91 2.08 1.59 1.17 2.34 2.55 1.31 0.35

Equity capital ratio (%)������������������������������2012 11.17 14.67 8.93 11.14 11.93 11.09 9.57 14.27 1

��������������������������������������2010 11.15 14.96 8.93 10.86 11.40 10.05 11.00 16.31 1

������������������������������������� 2008 9.33 20.47 7.01 10.99 10.04 7.45 9.85 18.63 

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

Note: Blue font identifies data that are also presented in the prior years’ data at bottom of table
FDIC Quarterly 7 2014, Volume 8, No. 1

Quarterly Banking Profile

TABLE III-A. Full Year 2013, All FDIC-Insured Institutions 

Asset Size Distribution Geographic Regions*

FULL YEAR

(The way it is...)

All Insured 

Institutions

Less Than 

$100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to 

$10 Billion

Greater 

Than 

$10 Billion New York Atlanta Chicago

Kansas 

City Dallas

San 

Francisco

Number of institutions reporting����������������������������� 6,812 2,056 4,090 559 107 840 869 1,469 1,660 1,431 543

Commercial banks������������������������������������������� 5,876 1,814 3,522 450 90 461 784 1,219 1,586 1,334 492

Savings institutions ����������������������������������������� 936 242 568 109 17 379 85 250 74 97 51

Total assets (in billions)������������������������������������������ $14,722.8 $119.7 $1,246.2 $1,468.8 $11,888.1 $2,927.4 $2,999.0 $3,377.5 $3,214.3 $870

Commercial banks������������������������������������������� 13,670.3 106.0 1,046.5 1,188.4 11,329.5 2,470.6 2,913.7 3,267.1 3,153.9 76

Savings institutions ����������������������������������������� 1,052.5 13.7 199.7 280.4 558.6 456.8 85.3 110.4 60.4 

Total deposits (in billions)��������������������������������������� 11,192.0 101.7 1,042.7 1,147.6 8,900.0 2,179.6 2,308.7 2,464.1 2,482.1 72

Commercial banks������������������������������������������� 10,389.3 90.8 883.1 937.5 8,477.9 1,849.5 2,244.5 2,379.8 2,433.6 

Savings institutions ����������������������������������������� 802.8 10.9 159.6 210.1 422.1 330.1 64.3 84.3 48.6

Bank net income (in millions) ��������������������������������� 154,667 863 11,272 16,920 125,612 25,233 29,773 32,096 38,700 9,308 19,558

Commercial banks������������������������������������������� 143,498 806 9,556 14,240 118,896 22,824 29,188 30,716 38,197 7,978 14,594

Savings institutions ����������������������������������������� 11,169 57 1,715 2,681 6,716 2,409 585 1,379 503 1,330 4,964

Performance Ratios (%)

Yield on earning assets������������������������������������������ 3.68 4.17 4.23 4.33 3.53 3.97 3.66 2.91 3.9

Cost of funding earning assets ������������������������������ 0.42 0.56 0.58 0.52 0.39 0.46 0.36 0.36 0.4

Net interest margin������������������������������������������ 3.26 3.62 3.66 3.81 3.14 3.51 3.30 2.54 3.4

Noninterest income to assets��������������������������������� 1.74 1.11 1.13 1.31 1.86 1.58 1.77 1.92 1.6

Noninterest expense to assets������������������������������� 2.88 3.47 3.19 3.16 2.81 2.98 3.02 2.77 2.6

Loan and lease loss provision to assets���������������� 0.22 0.14 0.18 0.17 0.23 0.38 0.20 0.06 0.2

Net operating income to assets ����������������������������� 1.05 0.70 0.90 1.16 1.06 0.86 0.97 0.94 1.2

Pretax return on assets ������������������������������������������ 1.55 0.82 1.15 1.48 1.60 1.37 1.46 1.34 1.7

Return on assets����������������������������������������������������� 1.07 0.72 0.92 1.18 1.07 0.88 0.99 0.96 1.2

Return on equity ����������������������������������������������������� 9.56 6.06 8.44 9.89 9.67 7.27 8.11 10.38 11.54 

Net charge-offs to loans and leases���������������������� 0.69 0.34 0.36 0.38 0.78 0.93 0.66 0.48 0.8

Loan and lease loss provision to 

net charge-offs���������������������������������������������������� 60.36 73.40 79.00 71.19 58.38 76.27 53.42 27.27 53.53 7

Efficiency ratio �������������������������������������������������������� 60.54 78.53 70.69 65.13 58.74 58.62 64.05 66.13 55.79 

% of unprofitable institutions���������������������������������� 7.84 12.89 6.19 2.33 2.80 10.36 13.46 8.85 4.22

% of institutions with earnings gains���������������������� 54.23 49.08 55.50 62.25 62.62 50.12 62.72 51.26 51.93 

Condition Ratios (%)

Earning assets to total assets ��������������������������������� 88.74 91.37 92.09 91.09 88.07 89.25 87.09 87.70 88.60 

Loss allowance to:

Loans and leases ��������������������������������������������� 1.72 1.66 1.60 1.56 1.76 1.71 1.59 1.83 1.9

Noncurrent loans and leases ��������������������������� 65.61 90.89 88.41 70.84 62.85 92.90 46.86 67.28 57.88 7

Noncurrent assets plus

other real estate owned to assets ����������������������� 1.63 1.75 1.81 1.89 1.57 1.12 2.23 1.47 1.9

Equity capital ratio��������������������������������������������������� 11.16 11.69 10.78 11.81 11.12 12.02 12.20 9.66 10.46 

Core capital (leverage) ratio ����������������������������������� 9.41 11.59 10.63 10.61 9.10 9.83 9.48 8.36 8.98

Tier 1 risk-based capital ratio���������������������������������� 13.14 19.08 15.73 14.88 12.61 14.09 12.67 12.25 12.20 

Total risk-based capital ratio ����������������������������������� 14.93 20.18 16.91 16.06 14.55 15.75 14.41 14.21 14.35 

Net loans and leases to deposits���������������������������� 69.31 65.67 74.90 82.40 67.01 71.14 74.55 61.24 67.00 

Net loans to total assets ����������������������������������������� 52.69 55.78 62.67 64.38 50.16 52.97 57.39 44.67 51.74 

Domestic deposits to total assets ��������������������������� 66.50 84.94 83.62 77.73 63.13 65.70 73.62 61.09 57.80 

Structural Changes

New reporters�������������������������������������������������� 2 1 0 1 0 2 0 0 0 0 0

Institutions absorbed by mergers ������������������� 232 80 130 20 2 29 20 42 50 56 35

Failed institutions �������������������������������������������� 24 13 10 1 0 1 9 4 1 4 5

PRIOR FULL YEARS

(The way it was...)

Number of institutions ������������������������������������2012 7,083 2,204 4,217 555 107 873 904 1,515 1,716 1,490 585

��������������������������������������������2010 7,658 2,625 4,367 559 107 949 1,022 1,602 1,825 1,601 659

������������������������������������������� 2008 8,305 3,132 4,498 561 114 1,015 1,180 1,705 1,935 1,700 770

Total assets (in billions)����������������������������������2012 $14,450.7 $128.1 $1,275.0 $1,454.8 $11,592.7 $2,896.0 $3,056.1 $3,298.5 $3,068.7 $870

��������������������������������������������2010 13,318.9 148.6 1,291.7 1,429.6 10,449.0 2,694.8 2,929.8 2,950.1 1,686.6 78

������������������������������������������� 2008 13,841.2 170.9 1,354.7 1,489.8 10,825.8 2,594.2 3,745.9 3,264.3 1,057.2 78

Return on assets (%)��������������������������������������2012 1.00 0.68 0.80 1.13 1.01 0.96 0.77 0.90 1.1

��������������������������������������������2010 0.65 0.27 0.26 0.19 0.76 0.76 0.34 0.60 0.8

������������������������������������������� 2008 0.03 0.25 0.24 -0.30 0.05 0.25 -0.14 0.29 0.56

Net charge-offs to loans & leases (%) �����������2012 1.10 0.43 0.64 0.73 1.22 1.24 1.19 0.85 1.3

��������������������������������������������2010 2.55 0.80 1.12 1.80 2.93 3.57 2.43 2.03 2.8

������������������������������������������� 2008 1.29 0.46 0.67 1.10 1.45 1.44 1.01 1.24 1.6

Noncurrent assets plus 

OREO to assets (%)������������������������������������2012 2.20 2.10 2.37 2.46 2.15 1.46 3.23 2.00 2.4

��������������������������������������������2010 3.11 2.38 3.44 3.57 3.01 2.14 3.93 2.98 4.2

������������������������������������������� 2008 1.91 1.66 2.16 2.46 1.80 1.20 2.02 1.93 2.2

Equity capital ratio (%)������������������������������������2012 11.17 12.01 10.90 11.77 11.11 12.18 12.03 9.09 10.86 

��������������������������������������������2010 11.15 11.70 10.15 11.18 11.26 12.58 11.59 8.71 11.33 

������������������������������������������� 2008 9.33 12.87 10.00 10.65 9.01 11.14 9.56 8.07 9.4

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

Note: Blue font identifies data that are also presented in the prior years’ data at bottom of table
FDIC Quarterly 8 2014, Volume 8, No. 1

TABLE IV-A. Fourth Quarter 2013, All FDIC-Insured Institutions

Asset Concentration Groups*

FOURTH QUARTER

(The way it is...)

All Insured 

Institutions

Credit 

Card 

Banks

International 

Banks

Agricultural 

Banks

Commercial 

Lenders

Mortgage 

Lenders

Consumer 

Lenders

Other 

Specialized 

<$1 Billion

All Other 

<$1 Billion

All Other 

>$1 Billion

Number of institutions reporting����������������������� 6,812 16 4 1,532 3,377 588 55 406 772 62

Commercial banks������������������������������������� 5,876 13 4 1,511 3,040 169 42 369 675 53

Savings institutions ����������������������������������� 936 3 0 21 337 419 13 37 97 9

Total assets (in billions)������������������������������������ $14,722.8 $590.9 $3,691.5 $261.6 $4,922.0 $486.9 $162.5 $63.0 $137.

Commercial banks������������������������������������� 13,670.3 514.3 3,691.5 255.3 4,508.5 194.8 80.8 58.4 116

Savings institutions ����������������������������������� 1,052.5 76.6 0.0 6.3 413.5 292.1 81.7 4.7 

Total deposits (in billions)��������������������������������� 11,192.0 340.6 2,645.5 218.0 3,849.5 362.9 137.4 51.6 116

Commercial banks������������������������������������� 10,389.3 287.0 2,645.5 213.7 3,546.0 147.8 68.3 48.2 98

Savings institutions ����������������������������������� 802.8 53.6 0.0 4.3 303.5 215.1 69.1 3.4 

Bank net income (in millions) ��������������������������� 40,263 5,441 8,590 703 12,064 1,168 366 346 275 11,310

Commercial banks������������������������������������� 37,377 4,433 8,590 673 11,450 579 259 192 246 10,956

Savings institutions ����������������������������������� 2,886 1,008 0 30 614 589 107 154 29 354

Performance Ratios (annualized, %)

Yield on earning assets������������������������������������ 3.67 10.26 2.88 4.21 3.96 3.54 3.93 3.10

Cost of funding earning assets ������������������������ 0.39 0.68 0.41 0.53 0.43 0.69 0.52 0.41

Net interest margin������������������������������������ 3.28 9.58 2.47 3.68 3.53 2.85 3.41 2.69

Noninterest income to assets��������������������������� 1.63 5.11 1.57 0.63 1.26 0.92 1.23 6.31

Noninterest expense to assets������������������������� 2.81 6.44 2.21 2.63 2.97 2.47 2.72 5.61

Loan and lease loss provision to assets���������� 0.19 1.97 0.10 0.11 0.16 0.08 0.52 0.10

Net operating income to assets ����������������������� 1.09 3.74 0.91 1.10 1.00 0.94 0.81 2.17

Pretax return on assets ������������������������������������ 1.55 5.51 1.42 1.27 1.28 1.07 1.42 3.08

Return on assets����������������������������������������������� 1.10 3.72 0.93 1.09 0.99 0.96 0.91 2.18

Return on equity ����������������������������������������������� 9.87 25.40 10.23 9.81 8.39 8.29 9.48 16.21

Net charge-offs to loans and leases���������������� 0.60 3.09 0.81 0.20 0.37 0.28 0.88 0.66

Loan and lease loss provision to 

net charge-offs���������������������������������������������� 59.83 81.45 34.59 92.52 62.19 45.16 85.64 53.29 8

Efficiency ratio �������������������������������������������������� 60.64 44.75 58.58 64.65 66.20 68.18 59.73 63.73 7

% of unprofitable institutions���������������������������� 12.16 0.00 0.00 8.22 12.82 17.01 5.45 16.50 

% of institutions with earnings gains���������������� 53.07 68.75 75.00 52.61 55.76 47.62 36.36 51.72 4

Structural Changes

New reporters�������������������������������������������� 1 0 0 1 0 0 0 0 0 0

Institutions absorbed by mergers ������������� 73 0 0 9 55 2 0 1 4 2

Failed institutions �������������������������������������� 2 0 0 0 1 0 0 0 1 0

PRIOR FOURTH QUARTERS

(The way it was...)

Return on assets (%)��������������������������������2012 0.96 3.08 0.70 1.13 0.88 0.85 1.16 1.02

��������������������������������������2010 0.64 2.78 0.60 0.84 0.08 0.60 1.46 1.20

������������������������������������� 2008 -1.10 -0.21 -0.04 0.67 -1.84 -1.80 -1.68 0.58 

Net charge-offs to loans & leases (%) �����2012 0.97 3.36 1.04 0.35 0.72 0.60 1.50 0.65

��������������������������������������2010 2.30 7.68 2.25 0.74 2.02 1.06 2.33 0.75

������������������������������������� 2008 1.95 6.96 1.86 0.74 1.89 1.80 2.14 0.52

*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

Note: Blue font identifies data that are also presented in the prior quarters’ data at bottom of table
FDIC Quarterly 9 2014, Volume 8, No. 1

Quarterly Banking Profile

TABLE IV-A. Fourth Quarter 2013, All FDIC-Insured Institutions

Asset Size Distribution Geographic Regions*

FOURTH QUARTER

(The way it is...)

All Insured 

Institutions

Less Than 

$100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to 

$10 Billion

Greater 

Than 

$10 Billion New York Atlanta Chicago

Kansas 

City Dallas

San 

Francisco

Number of institutions reporting����������������������������� 6,812 2,056 4,090 559 107 840 869 1,469 1,660 1,431 543

Commercial banks������������������������������������������� 5,876 1,814 3,522 450 90 461 784 1,219 1,586 1,334 492

Savings institutions ����������������������������������������� 936 242 568 109 17 379 85 250 74 97 51

Total assets (in billions)������������������������������������������ $14,722.8 $119.7 $1,246.2 $1,468.8 $11,888.1 $2,927.4 $2,999.0 $3,377.5 $3,214.3 $870

Commercial banks������������������������������������������� 13,670.3 106.0 1,046.5 1,188.4 11,329.5 2,470.6 2,913.7 3,267.1 3,153.9 76

Savings institutions ����������������������������������������� 1,052.5 13.7 199.7 280.4 558.6 456.8 85.3 110.4 60.4 

Total deposits (in billions)��������������������������������������� 11,192.0 101.7 1,042.7 1,147.6 8,900.0 2,179.6 2,308.7 2,464.1 2,482.1 72

Commercial banks������������������������������������������� 10,389.3 90.8 883.1 937.5 8,477.9 1,849.5 2,244.5 2,379.8 2,433.6 

Savings institutions ����������������������������������������� 802.8 10.9 159.6 210.1 422.1 330.1 64.3 84.3 48.6

Bank net income (in millions) ��������������������������������� 40,263 191 2,763 4,091 33,218 7,735 6,561 9,185 9,574 2,129 5,080

Commercial banks������������������������������������������� 37,377 177 2,313 3,540 31,347 7,099 6,427 8,778 9,449 1,926 3,699

Savings institutions ����������������������������������������� 2,886 14 451 551 1,870 636 134 407 125 203 1,381

Performance Ratios (annualized, %)

Yield on earning assets������������������������������������������ 3.67 4.20 4.26 4.31 3.51 3.94 3.67 2.89 3.9

Cost of funding earning assets ������������������������������ 0.39 0.53 0.54 0.48 0.36 0.43 0.33 0.34 0.4

Net interest margin������������������������������������������ 3.28 3.68 3.72 3.83 3.15 3.52 3.34 2.55 3.4

Noninterest income to assets��������������������������������� 1.63 1.10 1.12 1.18 1.75 1.61 1.60 1.73 1.4

Noninterest expense to assets������������������������������� 2.81 3.65 3.28 3.32 2.68 2.92 3.05 2.40 2.6

Loan and lease loss provision to assets���������������� 0.19 0.14 0.17 0.10 0.21 0.33 0.18 0.04 0.2

Net operating income to assets ����������������������������� 1.09 0.64 0.89 1.13 1.12 1.06 0.86 1.09 1.1

Pretax return on assets ������������������������������������������ 1.55 0.67 1.09 1.23 1.65 1.49 1.30 1.52 1.6

Return on assets����������������������������������������������������� 1.10 0.63 0.89 1.12 1.12 1.07 0.88 1.08 1.2

Return on equity ����������������������������������������������������� 9.87 5.43 8.26 9.43 10.14 8.88 7.17 11.55 11.38

Net charge-offs to loans and leases���������������������� 0.60 0.40 0.40 0.24 0.68 0.80 0.58 0.44 0.7

Loan and lease loss provision to 

net charge-offs���������������������������������������������������� 59.83 63.37 66.04 62.67 59.17 76.72 54.35 20.84 54.78 7

Efficiency ratio �������������������������������������������������������� 60.64 81.45 71.93 69.77 58.08 60.21 66.60 59.79 57.11 

% of unprofitable institutions���������������������������������� 12.16 20.96 9.10 4.29 0.93 12.14 18.76 12.12 10.48 

% of institutions with earnings gains���������������������� 53.07 50.00 53.81 57.42 60.75 52.50 57.88 50.51 51.99 

Structural Changes

New reporters�������������������������������������������������� 1 1 0 0 0 1 0 0 0 0 0

Institutions absorbed by mergers ������������������� 73 22 43 8 0 14 4 9 14 22 10

Failed institutions �������������������������������������������� 2 1 1 0 0 0 1 0 0 1 0

PRIOR FOURTH QUARTERS

(The way it was...)

Return on assets (%)��������������������������������������2012 0.96 0.52 0.70 1.02 0.99 0.92 0.82 0.88 1.0

��������������������������������������������2010 0.64 -0.15 -0.09 -0.07 0.84 0.87 0.27 0.51 0.9

������������������������������������������� 2008 -1.10 -0.47 -0.41 -1.77 -1.10 -0.76 -1.65 -0.26 -0.46 

Net charge-offs to loans & leases (%) �����������2012 0.97 0.53 0.74 0.72 1.04 1.10 1.17 0.65 1.1

��������������������������������������������2010 2.30 1.09 1.43 2.03 2.50 2.97 2.18 1.97 2.5

������������������������������������������� 2008 1.95 0.85 1.20 1.84 2.12 1.87 1.63 1.89 2.3

* Regions:

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

U.S. Virgin Islan

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

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

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

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

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

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

Note: Blue font identifies data that are also presented in the prior quarters’ data at bottom of table
FDIC Quarterly 10 2014, Volume 8, No. 1

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

Asset Concentration Groups*

December 31, 2013 All Insured 

Institutions

Credit 

Card 

Banks

International 

Banks

Agricultural 

Banks

Commercial 

Lenders

Mortgage 

Lenders

Consumer 

Lenders

Other 

Specialized 

<$1 Billion

All Other 

<$1 

Billion

All Other 

>$1 

Billion

Percent of Loans 30-89 Days Past Due

All loans secured by real estate ��������������������������������������� 1.22 0.10 1.71 0.76 0.80 1.15 0.89 1.54

Construction and development��������������������������������� 0.63 0.00 0.45 0.79 0.61 0.89 0.34 0.93

Nonfarm nonresidential��������������������������������������������� 0.49 0.00 0.56 0.63 0.47 0.58 2.63 0.95

Multifamily residential real estate ����������������������������� 0.34 0.00 0.29 0.44 0.34 0.17 0.59 0.47

Home equity loans����������������������������������������������������� 0.81 0.00 1.16 0.48 0.62 0.71 0.57 0.54

Other 1-4 family residential��������������������������������������� 2.03 0.11 2.71 1.47 1.42 1.30 0.86 2.32

Commercial and industrial loans ������������������������������������� 0.29 0.91 0.33 0.79 0.28 0.45 0.33 1.18

Loans to individuals���������������������������������������������������������� 1.45 1.22 1.49 1.63 1.34 1.32 0.86 1.67

Credit card loans ������������������������������������������������������� 1.25 1.21 1.32 1.25 1.27 1.68 0.70 1.18

Other loans to individuals ����������������������������������������� 1.67 1.37 1.81 1.66 1.35 1.28 0.92 1.71

All other loans and leases (including farm) ��������������������� 0.24 0.45 0.27 0.33 0.28 0.10 0.21 0.75

Total loans and leases������������������������������������������������������ 0.96 1.19 1.05 0.70 0.69 1.08 0.83 1.46

Percent of Loans Noncurrent**

All real estate loans ���������������������������������������������������������� 4.44 0.79 6.36 1.39 2.65 3.27 4.53 2.39

Construction and development.................................. 4.01 0

Nonfarm nonresidential��������������������������������������������� 1.90 4.09 1.31 1.97 1.85 1.76 12.56 2.54

Multifamily residential real estate ����������������������������� 0.83 0.00 0.49 1.45 0.90 0.77 4.80 0.87

Home equity loans����������������������������������������������������� 2.66 0.00 3.64 0.94 1.56 1.87 3.15 1.28

Other 1-4 family residential��������������������������������������� 7.30 0.68 10.77 1.40 3.99 3.64 3.57 1.99 

Commercial and industrial loans ������������������������������������� 0.62 0.95 0.59 1.30 0.71 1.66 0.84 1.21

Loans to individuals���������������������������������������������������������� 1.05 1.20 1.13 0.56 0.98 0.72 0.78 0.57

Credit card loans ������������������������������������������������������� 1.23 1.21 1.21 0.34 1.35 1.44 1.13 0.71

Other loans to individuals ����������������������������������������� 0.87 0.90 0.98 0.58 0.92 0.65 0.66 0.55

All other loans and leases (including farm) ��������������������� 0.27 0.15 0.23 0.32 0.43 0.16 0.23 0.60

Total loans and leases������������������������������������������������������ 2.62 1.17 2.73 1.09 1.90 3.01 1.66 1.91

Percent of Loans Charged-Off (net, YTD)

All real estate loans ���������������������������������������������������������� 0.48 1.34 0.84 0.13 0.41 0.36 0.77 0.43

Construction and development��������������������������������� 0.52 0.00 1.84 0.30 0.57 0.45 0.86 2.00

Nonfarm nonresidential��������������������������������������������� 0.26 0.00 0.21 0.18 0.30 0.38 0.48 0.41

Multifamily residential real estate ����������������������������� 0.10 0.00 0.02 0.21 0.15 0.06 0.17 0.61

Home equity loans����������������������������������������������������� 1.08 1.66 1.19 0.13 0.71 1.12 1.66 0.39

Other 1-4 family residential��������������������������������������� 0.50 1.43 1.03 0.17 0.49 0.30 0.41 0.21

Commercial and industrial loans ������������������������������������� 0.32 2.94 0.27 0.28 0.31 0.57 0.24 0.34

Loans to individuals���������������������������������������������������������� 2.14 3.25 2.96 0.38 1.00 1.24 0.86 0.62

Credit card loans ������������������������������������������������������� 3.35 3.31 3.90 0.56 3.66 5.52 2.17 1.97

Other loans to individuals ����������������������������������������� 0.85 1.91 1.35 0.36 0.60 0.77 0.43 0.51

All other loans and leases (including farm) ��������������������� 0.09 0.00 0.08 0.00 0.18 0.10 0.13 1.18

Total loans and leases������������������������������������������������������ 0.69 3.20 0.97 0.14 0.42 0.37 0.80 0.49

Loans Outstanding (in billions)

All real estate loans ���������������������������������������������������������� $4,065.6 $0.2 $476.5 $97.4 $2,042.6 $267.2 $26.3 $12.4 $57.

Construction and development��������������������������������� 209.9 0.0 5.8 4.9 153.0 5.3 0.5 0.

Nonfarm nonresidential��������������������������������������������� 1,109.6 0.0 36.6 27.9 794.9 23.2 1.8 4.5 

Multifamily residential real estate ����������������������������� 262.7 0.0 48.2 3.0 167.4 9.1 0.2 0.

Home equity loans����������������������������������������������������� 510.8 0.0 90.0 2.1 208.4 16.5 7.0 0.4

Other 1-4 family residential��������������������������������������� 1,828.6 0.2 238.1 24.5 685.7 211.9 16.7 5.6 

Commercial and industrial loans ������������������������������������� 1,599.2 35.2 269.8 20.8 770.9 8.7 6.3 2.3

Loans to individuals���������������������������������������������������������� 1,353.5 429.9 259.0 6.6 273.7 7.0 78.0 2.2

Credit card loans ������������������������������������������������������� 691.4 413.6 166.8 0.5 37.0 0.7 19.1 0.

Other loans to individuals ����������������������������������������� 662.1 16.3 92.2 6.1 236.6 6.3 59.0 2.0

All other loans and leases (including farm) ��������������������� 876.6 3.4 294.1 39.1 232.1 14.2 0.8 1.1

Total loans and leases (plus unearned income)�������������� 7,894.8 468.8 1,299.5 163.9 3,319.2 297.1 111.5 18.0 75

Memo: Other Real Estate Owned (in millions)

All other real estate owned����������������������������������������������� 30,216.4 1.1 3,018.9 689.6 17,391.8 1,425.9 151.3 196.8 586

Construction and development��������������������������������� 8,420.1 0.0 2.1 239.7 6,653.7 309.8 18.2 83.8 1

Nonfarm nonresidential��������������������������������������������� 6,984.6 0.0 13.2 264.8 5,303.1 150.3 46.0 67.6 1

Multifamily residential real estate ����������������������������� 701.1 0.0 5.0 16.4 550.0 27.2 0.4 1.7

1-4 family residential ������������������������������������������������� 6,640.9 0.1 772.6 113.3 3,592.2 534.0 78.7 41.3 195

Farmland�������������������������������������������������������������������� 293.9 0.0 0.0 49.7 215.1 3.9 0.8 2.4

GNMA properties������������������������������������������������������� 7,117.8 0.0 2,171.0 5.7 1,077.5 400.7 7.2 0.0 0

* See Table IV-A (page 8) for explanations
FDIC Quarterly 11 2014, Volume 8, No. 1

Quarterly Banking Profile

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

Asset Size Distribution Geographic Regions*

December 31, 2013 All Insured 

Institutions

Less Than 

$100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to 

$10 Billion

Greater 

Than 

$10 Billion New York Atlanta Chicago

Kansas 

City Dallas

San 

Francisco

Percent of Loans 30-89 Days Past Due 

All loans secured by real estate ������������������������������ 1.22 1.47 0.94 0.79 1.38 0.90 1.42 1.20 1.7

Construction and development������������������������ 0.63 1.13 0.70 0.63 0.58 0.84 0.65 0.53 0.6

Nonfarm nonresidential������������������������������������ 0.49 1.14 0.69 0.44 0.42 0.55 0.46 0.58 0.4

Multifamily residential real estate �������������������� 0.34 0.81 0.50 0.30 0.31 0.26 0.33 0.40 0.6

Home equity loans�������������������������������������������� 0.81 1.01 0.64 0.61 0.84 0.57 0.99 0.93 0.8

Other 1-4 family residential������������������������������ 2.03 2.08 1.45 1.45 2.22 1.44 2.19 1.92 2.9

Commercial and industrial loans ���������������������������� 0.29 1.20 0.69 0.43 0.24 0.32 0.24 0.39 0.2

Loans to individuals������������������������������������������������� 1.45 2.25 2.08 1.55 1.43 1.19 2.19 1.38 1.5

Credit card loans ���������������������������������������������� 1.25 1.75 1.54 1.80 1.23 1.03 1.87 1.05 1.3

Other loans to individuals �������������������������������� 1.67 2.26 2.11 1.43 1.66 1.64 2.36 1.49 1.7

All other loans and leases (including farm) ������������ 0.24 0.42 0.35 0.24 0.24 0.25 0.17 0.42 0.1

Total loans and leases��������������������������������������������� 0.96 1.36 0.92 0.76 1.00 0.83 1.13 0.94 1.1

Percent of Loans Noncurrent** 

All real estate loans ������������������������������������������������� 4.44 2.15 1.99 2.72 5.47 2.82 5.83 4.76 6.2

Construction and development������������������������ 4.01 4.08 4.55 4.43 3.54 5.57 4.52 3.93 3.5

Nonfarm nonresidential������������������������������������ 1.90 2.65 1.92 2.07 1.79 2.13 1.85 2.15 1.8

Multifamily residential real estate �������������������� 0.83 2.33 1.33 1.02 0.66 0.59 0.98 0.99 1.1

Home equity loans�������������������������������������������� 2.66 1.22 1.02 1.20 2.92 1.98 3.32 2.80 2.7

Other 1-4 family residential������������������������������ 7.30 2.07 1.85 3.93 8.83 3.85 8.98 7.93 10.7

Commercial and industrial loans ���������������������������� 0.62 1.87 1.57 1.05 0.49 0.78 0.46 0.64 0.6

Loans to individuals������������������������������������������������� 1.05 0.87 1.13 0.83 1.06 1.03 1.18 0.89 1.2

Credit card loans ���������������������������������������������� 1.23 0.66 1.06 1.67 1.21 1.06 1.67 1.14 1.2

Other loans to individuals �������������������������������� 0.87 0.87 1.13 0.44 0.89 0.96 0.92 0.80 1.1

All other loans and leases (including farm) ������������ 0.27 0.47 0.52 0.45 0.24 0.18 0.22 0.14 0.3

Total loans and leases��������������������������������������������� 2.62 1.83 1.81 2.20 2.81 1.84 3.39 2.71 3.3

Percent of Loans Charged-Off (net, YTD) 

All real estate loans ������������������������������������������������� 0.48 0.30 0.32 0.30 0.56 0.41 0.61 0.49 0.6

Construction and development������������������������ 0.52 0.61 0.82 0.45 0.41 0.78 1.06 0.55 0.16

Nonfarm nonresidential������������������������������������ 0.26 0.45 0.30 0.25 0.25 0.33 0.37 0.35 0.0

Multifamily residential real estate �������������������� 0.10 0.35 0.24 0.18 0.05 0.07 0.11 0.18 0.0

Home equity loans�������������������������������������������� 1.08 0.34 0.39 0.49 1.18 0.61 1.44 0.94 1.3

Other 1-4 family residential������������������������������ 0.50 0.26 0.27 0.33 0.56 0.45 0.47 0.45 0.8

Commercial and industrial loans ���������������������������� 0.32 0.65 0.53 0.34 0.30 0.54 0.26 0.27 0.2

Loans to individuals������������������������������������������������� 2.14 0.53 0.85 1.24 2.24 2.54 1.95 1.29 2.8

Credit card loans ���������������������������������������������� 3.35 2.36 3.78 2.19 3.41 3.08 3.89 3.24 4.0

Other loans to individuals �������������������������������� 0.85 0.51 0.65 0.53 0.89 1.03 0.86 0.65 1.3

All other loans and leases (including farm) ������������ 0.09 0.09 0.16 0.16 0.08 0.08 0.07 0.07 0.1

Total loans and leases��������������������������������������������� 0.69 0.34 0.36 0.38 0.78 0.93 0.66 0.48 0.8

Loans Outstanding (in billions) 

All real estate loans ������������������������������������������������� $4,065.6 $47.1 $609.4 $687.4 $2,721.7 $813.0 $929.4 $788.7 $807.5 $3

Construction and development������������������������ 209.9 2.7 50.0 52.3 104.9 39.6 47.9 33.0 32.

Nonfarm nonresidential������������������������������������ 1,109.6 13.3 242.8 283.1 570.3 253.1 231.6 184.1 165.6 

Multifamily residential real estate �������������������� 262.7 1.5 31.4 57.8 172.0 90.2 32.2 72.6 22.

Home equity loans�������������������������������������������� 510.8 1.3 27.9 45.1 436.6 90.8 133.9 129.6 109.

Other 1-4 family residential������������������������������ 1,828.6 21.0 216.8 232.8 1,357.9 335.3 474.5 349.3 389.7 

Commercial and industrial loans ���������������������������� 1,599.2 8.2 103.9 156.4 1,330.7 239.9 401.5 326.8 335.7 

Loans to individuals������������������������������������������������� 1,353.5 4.3 35.2 68.3 1,245.7 388.0 240.0 198.1 296.4

Credit card loans ���������������������������������������������� 691.4 0.0 2.3 21.8 667.3 287.6 82.3 50.3 171.

Other loans to individuals �������������������������������� 662.1 4.3 33.0 46.5 578.4 100.4 157.6 147.8 125.

All other loans and leases (including farm) ������������ 876.6 8.3 45.5 48.9 773.8 137.2 178.3 223.4 256.

Total loans and leases (plus unearned income)����� 7,894.8 67.9 794.0 961.1 6,071.8 1,578.1 1,749.1 1,537.1 1,696.4 

Memo: Other Real Estate Owned (in millions) 

All other real estate owned�������������������������������������� 30,216.4 846.0 8,068.4 6,437.2 14,864.8 3,570.7 7,340.4 7,423.4 6,465.5 3,60

Construction and development������������������������ 8,420.1 288.7 3,626.3 2,585.9 1,919.1 761.9 2,416.1 1,168.7 1,720.6 1,

Nonfarm nonresidential������������������������������������ 6,984.6 288.0 2,659.7 2,031.6 2,005.3 1,041.2 1,462.4 1,437.8 1,329.3 1,

Multifamily residential real estate �������������������� 701.1 34.7 230.9 183.3 252.1 199.4 84.9 141.4 138.

1-4 family residential ���������������������������������������� 6,640.9 221.0 1,392.2 1,278.4 3,749.2 1,251.4 1,688.0 1,737.2 942.9 

Farmland����������������������������������������������������������� 293.9 13.5 151.9 95.5 32.9 22.5 75.8 47.4 43.

GNMA properties���������������������������������������������� 7,117.8 0.0 7.4 262.3 6,848.1 293.3 1,613.2 2,890.9 2,233.

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

** Noncurrent loan rates represent the percentage of loans in each category that are past due 90 days or more or that are in nonaccrual status
FDIC Quarterly 12 2014, Volume 8, No. 1

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

Asset Size Distribution

(dollar figures in millions;

notional amounts unless otherwise indicated)

4th

Quarter 

2013

3rd 

Quarter 

2013

2nd 

Quarter 

2013

1st 

Quarter 

2013

4th 

Quarter 

2012

% Change 

12Q4-

13Q4

Less 

Than $100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to $10 

Billion

Greater 

Than 

$10 Billion

ALL DERIVATIVE HOLDERS 

Number of institutions reporting derivatives����������������� 1,387 1,424 1,412 1,400 1,363 1.8 64 857 367 9

Total assets of institutions reporting derivatives ���������� $13,067,517 $12,906,612 $12,690,785 $12,689,035 $12,662,717 3.2 $4,690 $355,394 $1,073,186 $11,634,24

Total deposits of institutions reporting derivatives������� 9,857,826 9,682,692 9,410,509 9,427,713 9,383,384 5.1 3,943 293,526 852,465 8,707,89

Total derivatives������������������������������������������������������������� 238,102,565 242,925,942 236,542,159 232,583,462 224,128,287 6.2 123 18,144 83,229 238,001,06

Derivative Contracts by Underlying Risk Exposure 

Interest rate�������������������������������������������������������������������� 194,567,087 195,487,270 188,190,450 184,797,423 178,938,575 8.7 122 16,266 77,089 194,473,60

Foreign exchange*��������������������������������������������������������� 28,959,968 31,208,412 31,471,711 30,374,632 28,631,912 1.1 0 1,685 4,906 28,953,37

Equity ����������������������������������������������������������������������������� 2,077,248 2,093,955 2,130,468 2,064,904 1,970,142 5.4 0 90 486 2,076,67

Commodity & other (excluding credit derivatives)�������� 1,240,884 1,287,653 1,367,298 1,445,238 1,397,183 -11.2 0 4 349 1,240,53

Credit������������������������������������������������������������������������������ 11,257,379 12,848,651 13,382,231 13,901,264 13,190,476 -14.7 0 100 399 11,256,88

Total�������������������������������������������������������������������������������� 238,102,565 242,925,942 236,542,159 232,583,462 224,128,287 6.2 123 18,144 83,229 238,001,06

Derivative Contracts by Transaction Type 

Swaps ���������������������������������������������������������������������������� 150,653,259 150,158,127 141,036,599 137,818,904 134,726,137 11.8 38 7,341 47,516 150,598,36

Futures & forwards �������������������������������������������������������� 42,054,180 41,741,846 43,970,239 46,024,148 43,621,277 -3.6 39 6,101 20,383 42,027,65

Purchased options��������������������������������������������������������� 16,439,924 17,618,786 17,680,639 16,644,988 15,671,162 4.9 13 688 4,334 16,434,88

Written options��������������������������������������������������������������� 16,618,320 17,681,454 17,800,582 17,161,532 15,992,891 3.9 33 3,907 10,413 16,603,96

Total�������������������������������������������������������������������������������� 225,765,684 227,200,213 220,488,059 217,649,573 210,011,467 7.5 123 18,036 82,645 225,664,88

Fair Value of Derivative Contracts 

Interest rate contracts���������������������������������������������������� 71,302 64,832 60,694 67,678 96,527 -26.1 0 51 151 71,10

Foreign exchange contracts������������������������������������������ 6,878 -10,390 -4,673 -6,685 -5,781 N/M 0 0 -8 6,886

Equity contracts������������������������������������������������������������� -392 -1,928 1,396 -2,588 -2,013 N/M 0 12 6 -409

Commodity & other (excluding credit derivatives)�������� 1,355 1,181 1,298 -2,544 -2,482 N/M 0 1 3 1,351

Credit derivatives as guarantor������������������������������������� 74,919 27,246 -8,729 -20,833 -40,693 N/M 0 0 0 74,919

Credit derivatives as beneficiary����������������������������������� -71,305 -22,672 13,888 25,372 42,352 N/M 0 2 -24 -71,283

Derivative Contracts by Maturity** 

Interest rate contracts ����������������������������� < 1 year 77,935,428 91,852,227 88,198,011 86,869,690 83,064,515 -6.2 36 4,250 16,196 77,914,94

 ������������������������������������������ 1-5 years 44,486,391 32,988,180 30,694,796 29,322,277 30,482,414 45.9 23 3,271 22,653 44,460,44

 ������������������������������������������ > 5 years 24,895,211 21,753,468 20,836,812 20,275,485 21,411,353 16.3 31 4,011 22,229 24,868,94

Foreign exchange contracts ������������������� < 1 year 18,348,225 18,975,694 19,247,580 18,646,641 18,345,171 0.0 0 1,676 2,784 18,343,76

 ������������������������������������������ 1-5 years 2,330,434 2,870,026 2,737,466 2,758,223 2,887,624 -19.3 0 0 75 2,330,35

 ������������������������������������������ > 5 years 1,029,632 1,503,977 1,456,229 1,427,702 1,479,787 -30.4 0 0 0 1,029,63

Equity contracts��������������������������������������� < 1 year 661,448 706,604 660,945 648,510 627,422 5.4 0 4 106 661,33

 ������������������������������������������ 1-5 years 292,486 311,790 271,219 255,625 262,230 11.5 0 12 123 292,35

 ������������������������������������������ > 5 years 135,907 88,294 80,891 74,515 81,851 66.0 0 25 17 135,86

Commodity & other contracts ����������������� < 1 year 333,531 375,292 424,508 479,201 389,190 -14.3 0 0 118 333,41

 ������������������������������������������ 1-5 years 163,812 175,069 163,093 179,141 240,968 -32.0 0 0 18 163,79

 ������������������������������������������ > 5 years 5,903 16,142 15,300 21,505 28,681 -79.4 0 0 0 5,90

Risk-Based Capital: Credit Equivalent Amount 

Total current exposure to tier 1 capital (%)������������������� 25.8 27.1 30.5 32.6 35.9 0.1 0.4

Total potential future exposure to tier 1 capital (%)������ 58.4 62.4 62.8 62.3 63.0 0.1 0.3

Total exposure (credit equivalent amount) 

to tier 1 capital (%) ����������������������������������������������������� 84.2 89.5 93.3 94.9 98.9 0.2 0.7

Credit losses on derivatives***���������������������������������� 264.0 181.0 145.0 84.0 230.0 14.8 0.0 0.0

HELD FOR TRADING 

Number of institutions reporting derivatives����������������� 251 242 242 239 246 2.0 8 93 85 6

Total assets of institutions reporting derivatives ���������� 10,572,100 10,414,769 10,169,672 10,137,662 10,121,803 4.4 580 45,802 305,806 10,219,91

Total deposits of institutions reporting derivatives������� 7,983,718 7,805,731 7,533,192 7,537,825 7,512,853 6.3 477 37,760 239,948 7,705,53

Derivative Contracts by Underlying Risk Exposure 

Interest rate�������������������������������������������������������������������� 190,629,542 191,709,730 184,197,615 180,965,139 175,187,873 8.8 23 2,262 21,789 190,605,46

Foreign exchange���������������������������������������������������������� 27,036,710 27,526,439 28,043,313 28,471,504 26,924,414 0.4 0 1 2,664 27,034,04

Equity ����������������������������������������������������������������������������� 2,060,586 2,078,451 2,116,168 2,051,707 1,957,779 5.3 0 0 145 2,060,44

Commodity & other�������������������������������������������������������� 1,232,578 1,278,658 1,356,542 1,428,759 1,381,518 -10.8 0 0 58 1,232,51

Total�������������������������������������������������������������������������������� 220,959,416 222,593,278 215,713,638 212,917,110 205,451,584 7.5 23 2,264 24,657 220,932,47

Trading Revenues: Cash & Derivative Instruments 

Interest rate�������������������������������������������������������������������� 457 3,085 2,762 2,216 4,155 -89.0 0 0 20 43

Foreign exchange���������������������������������������������������������� 1,532 499 3,139 3,190 759 101.8 0 0 -8 1,54

Equity ����������������������������������������������������������������������������� 470 230 922 830 136 245.6 0 0 0 47

Commodity & other (including credit derivatives) �������� 483 656 452 1,253 -683 N/M 0 0 0 483

Total trading revenues��������������������������������������������������� 2,942 4,469 7,275 7,489 4,367 -32.6 0 1 12 2,92

Share of Revenue 

Trading revenues to gross revenues (%) ���������������������� 2.5 3.9 6.0 6.2 3.7 0.0 0.

Trading revenues to net operating revenues (%)���������� 11.3 20.8 31.2 29.0 19.9 0.0 0.4

HELD FOR PURPOSES OTHER THAN TRADING 

Number of institutions reporting derivatives����������������� 1,253 1,287 1,272 1,264 1,219 2.8 56 776 330 9

Total assets of institutions reporting derivatives ���������� 12,758,768 12,611,982 12,299,487 12,355,855 12,318,038 3.6 4,110 318,142 975,741 11,460,77

Total deposits of institutions reporting derivatives������� 9,614,991 9,449,509 9,103,518 9,168,313 9,111,175 5.5 3,466 262,663 774,949 8,573,91

Derivative Contracts by Underlying 

Risk Exposure 

Interest rate�������������������������������������������������������������������� 3,937,545 3,777,540 3,992,835 3,832,284 3,750,702 5.0 99 14,004 55,300 3,868,14

Foreign exchange���������������������������������������������������������� 843,755 804,895 756,530 870,503 781,154 8.0 0 1,675 2,057 840,02

Equity ����������������������������������������������������������������������������� 16,662 15,504 14,300 13,197 12,363 34.8 0 89 341 16,23

Commodity & other�������������������������������������������������������� 8,306 8,995 10,756 16,479 15,664 -47.0 0 4 291 8,01

Total notional amount ���������������������������������������������������� 4,806,268 4,606,935 4,774,421 4,732,462 4,559,883 5.4 100 15,772 57,989 4,732,40

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 2014, Volume 8, No. 1

Quarterly Banking Profile

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

Asset Size Distribution

(dollar figures in millions)

4th 

Quarter

2013

3rd 

Quarter

2013

2nd 

Quarter

2013

1st 

Quarter

2013

4th 

Quarter 

2012

% Change 

12Q4-

13Q4

Less Than 

$100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to $10 

Billion

Greater 

Than $10 

Billion

Assets Securitized and Sold with Servicing Retained or with 

Recourse or Other Seller-Provided Credit Enhancements 

Number of institutions reporting securitization activities ����������������������������������������� 82 82 88 96 159 -48.4 1 32 16 3

Outstanding Principal Balance by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� $610,275 $625,642 $634,877 $636,296 $641,236 -4.8 $0 $3,205 $12,185 $594,88

Home equity loans��������������������������������������������������������������������������������������������� 42 44 46 47 49 -14.3 0 0 0 4

Credit card receivables�������������������������������������������������������������������������������������� 19,405 17,115 17,945 18,832 18,942 2.4 0 220 0 19,18

Auto loans ���������������������������������������������������������������������������������������������������������� 4,128 4,708 3,860 4,505 4,684 -11.9 0 0 0 4,12

Other consumer loans ��������������������������������������������������������������������������������������� 4,607 4,790 4,938 5,155 5,083 -9.4 0 3 0 4,60

Commercial and industrial loans����������������������������������������������������������������������� 1,987 3,945 4,472 4,025 1,839 8.0 0 14 0 1,97

All other loans, leases, and other assets���������������������������������������������������������� 101,456 104,890 99,226 140,309 199,968 -49.3 0 3,461 5,120 92,87

Total securitized and sold������������������������������������������������������������������������������������������ 741,900 761,133 765,366 809,168 871,800 -14.9 0 6,903 17,305 717,69

Maximum Credit Exposure by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� 2,794 2,927 3,086 3,254 3,368 -17.0 0 6 38 2,74

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

Credit card receivables�������������������������������������������������������������������������������������� 603 554 557 588 605 -0.3 0 107 0 49

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

Other consumer loans ��������������������������������������������������������������������������������������� 164 168 168 185 200 -18.0 0 0 0 16

Commercial and industrial loans����������������������������������������������������������������������� 27 20 33 41 7 285.7 0 0 0 2

All other loans, leases, and other assets���������������������������������������������������������� 1,633 1,729 1,861 2,438 2,280 -28.4 0 2 0 1,63

Total credit exposure ������������������������������������������������������������������������������������������������� 5,221 5,397 5,705 6,506 6,460 -19.2 0 115 38 5,06

Total unused liquidity commitments provided to institution's own securitizations ��� 121 121 121 121 130 -6.9 0 0 0 12

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

1-4 family residential loans�������������������������������������������������������������������������������� 4.3 4.1 4.3 4.0 4.5 0.0 1.

Home equity loans��������������������������������������������������������������������������������������������� 10.4 10.7 9.5 11.5 12.5 0.0 0.0

Credit card receivables�������������������������������������������������������������������������������������� 0.8 1.0 0.8 0.8 0.8 0.0 1.

Auto loans ���������������������������������������������������������������������������������������������������������� 1.0 0.6 0.4 0.3 0.4 0.0 0.

Other consumer loans ��������������������������������������������������������������������������������������� 5.6 5.4 6.0 4.9 6.2 0.0 0.

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

All other loans, leases, and other assets���������������������������������������������������������� 0.8 1.1 1.2 1.2 0.9 0.0 0.

Total loans, leases, and other assets ����������������������������������������������������������������������� 3.7 3.6 3.8 3.4 3.6 0.0 1.

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

1-4 family residential loans�������������������������������������������������������������������������������� 3.4 3.7 4.2 4.7 5.0 0.0 1.

Home equity loans��������������������������������������������������������������������������������������������� 36.5 34.4 32.3 31.7 29.6 0.0 0.0

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

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

Other consumer loans ��������������������������������������������������������������������������������������� 7.3 7.1 6.3 6.8 6.9 0.0 0.

Commercial and industrial loans����������������������������������������������������������������������� 0.0 0.0 0.0 0.0 0.1 0.0 3.

All other loans, leases, and other assets���������������������������������������������������������� 9.2 8.9 10.2 8.8 7.8 0.0 0.

Total loans, leases, and other assets ����������������������������������������������������������������������� 4.1 4.3 4.9 5.3 5.5 0.0 0.

Securitized Loans, Leases, and Other Assets Charged-off 

(net, YTD, annualized, %) 

1-4 family residential loans�������������������������������������������������������������������������������� 0.9 0.7 0.5 0.3 1.5 0.0 0.

Home equity loans��������������������������������������������������������������������������������������������� 0.2 0.3 0.2 0.3 1.6 0.0 0.

Credit card receivables�������������������������������������������������������������������������������������� 2.2 1.9 1.3 0.6 2.6 0.0 6.

Auto loans ���������������������������������������������������������������������������������������������������������� 0.2 0.1 0.1 0.0 0.1 0.0 0.

Other consumer loans ��������������������������������������������������������������������������������������� 0.9 0.7 0.4 0.2 1.0 0.0 0.

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

All other loans, leases, and other assets���������������������������������������������������������� 0.9 0.6 0.5 0.1 0.5 0.0 0.

Total loans, leases, and other assets ����������������������������������������������������������������������� 0.9 0.7 0.5 0.3 1.3 0.0 0.

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

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

Credit card receivables�������������������������������������������������������������������������������������� 12,850 13,451 13,076 11,868 14,514 -11.5 0 371 0 12,47

Commercial and industrial loans����������������������������������������������������������������������� 3 3 3 0 0 0.0 0 3 0 

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

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

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

Commercial and industrial loans����������������������������������������������������������������������� 52 0 0 0 0 0.0 0 0 0 5

Assets Sold with Recourse and Not Securitized 

Number of institutions reporting asset sales������������������������������������������������������������ 1,081 1,064 1,064 1,058 1,025 5.5 146 719 169 4

Outstanding Principal Balance by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� 46,500 48,264 48,693 50,543 50,887 -8.6 1,418 14,580 9,089 21,41

Home equity, credit card receivables, auto, and other consumer loans ��������� 776 802 829 852 857 -9.5 0 16 6 75

Commercial and industrial loans����������������������������������������������������������������������� 62 64 71 74 76 -18.4 0 16 39 

All other loans, leases, and other assets���������������������������������������������������������� 67,794 62,143 63,988 64,769 64,999 4.3 1 58 420 67,31

Total sold and not securitized������������������������������������������������������������������������������������ 115,131 111,273 113,581 116,238 116,819 -1.4 1,420 14,670 9,554 89,48

Maximum Credit Exposure by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� 10,724 11,564 12,146 13,060 13,146 -18.4 98 2,411 3,152 5,06

Home equity, credit card receivables, auto, and other consumer loans ��������� 160 156 151 167 173 -7.5 0 16 4 14

Commercial and industrial loans����������������������������������������������������������������������� 27 29 34 36 42 -35.7 0 16 11 

All other loans, leases, and other assets���������������������������������������������������������� 17,058 15,316 15,360 15,216 15,043 13.4 1 18 77 16,96

Total credit exposure ������������������������������������������������������������������������������������������������� 27,969 27,065 27,691 28,479 28,403 -1.5 100 2,460 3,243 22,16

Support for Securitization Facilities Sponsored by Other Institutions 

Number of institutions reporting securitization facilities sponsored by others ������� 149 154 157 167 166 -10.2 13 85 31 2

Total credit exposure ������������������������������������������������������������������������������������������������� 44,707 44,848 45,095 48,946 57,798 -22.6 12 196 359 44,14

Total unused liquidity commitments ������������������������������������������������������������������������� 982 923 828 673 779 26.1 0 0 1 98

Other

Assets serviced for others*��������������������������������������������������������������������������������������� 4,711,419 4,773,663 4,885,219 5,186,035 5,350,596 -11.9 72,107 160,380 287,837 4,191,09

Asset-backed commercial paper conduits 

Credit exposure to conduits sponsored by institutions and others������������������ 12,317 13,049 11,316 10,925 11,422 7.8 5 0 3 12,31

Unused liquidity commitments to conduits sponsored by institutions 

 and others������������������������������������������������������������������������������������������������������� 31,113 40,363 51,893 63,355 68,619 -54.7 0 0 430 30,68

Net servicing income (for the quarter)���������������������������������������������������������������������� 5,041 3,408 5,174 4,225 4,497 12.1 8 214 226 4,59

Net securitization income (for the quarter)��������������������������������������������������������������� 387 352 273 394 430 -10.0 0 6 3 37

Total credit exposure to Tier 1 capital (%)** ������������������������������������������������������������� 5.8 5.9 6.0 6.5 7.3 0.80 2.10 

*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 2014, Volume 8, No. 1

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

All Insured Institutions Asset Size Distribution

(dollar figures in millions)

Dec 31

2013

Dec 31

2012

Dec 31

2011

Dec 31

2010

% Change 

2012-2013

Less 

Than $100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to 

$10 Billion

Greater 

Than 

$10 Billion

Number of institutions reporting������������������������������������������������ 6,812 7,083 7,357 7,658 -3.8 2,056 4,090 559 10

Number of institutions with fiduciary powers���������������������������� 1,991 2,035 2,103 2,182 -2.2 295 1,286 335 7

Commercial banks�������������������������������������������������������������� 1,847 1,890 1,945 2,011 -2.3 277 1,209 292 6

Savings institutions ������������������������������������������������������������ 144 145 158 171 -0.7 18 77 43 

Number of institutions exercising fiduciary powers������������������ 1,474 1,509 1,549 1,630 -2.3 180 941 284 6

Commercial banks�������������������������������������������������������������� 1,356 1,391 1,424 1,496 -2.5 163 883 247 6

Savings institutions ������������������������������������������������������������ 118 118 125 134 0.0 17 58 37 

Number of institutions reporting fiduciary activity�������������������� 1,396 1,425 1,475 1,554 -2.0 168 891 270 6

Commercial banks�������������������������������������������������������������� 1,286 1,316 1,356 1,425 -2.3 151 838 236 6

Savings institutions ������������������������������������������������������������ 110 109 119 129 0.9 17 53 34 

Fiduciary and related assets - managed assets 

Personal trust and agency accounts ���������������������������������������� 674,368 620,439 590,720 614,824 8.7 14,200 69,604 67,699 522,86

Noninterest-bearing deposits �������������������������������������������� 7,880 6,888 2,513 4,271 14.4 17 1,160 565 6,13

Interest-bearing deposits ��������������������������������������������������� 96,729 73,766 32,497 30,591 31.1 326 5,931 5,797 84,67

U.S. Treasury and U.S. Government agency obligations ��� 126,869 127,203 105,356 107,441 -0.3 2,544 4,234 13,160 10

State, county and municipal obligations���������������������������� 177,451 188,959 190,756 189,357 -6.1 5,974 9,851 19,609 142,01

Money market mutual funds����������������������������������������������� 114,349 123,784 120,634 102,570 -7.6 2,815 7,792 13,010 90,73

Other short-term obligations���������������������������������������������� 210,851 216,496 168,266 198,551 -2.6 30 813 717 209,29

Other notes and bonds������������������������������������������������������� 224,731 249,141 250,388 370,489 -9.8 6,950 6,763 14,065 196,95

Common and preferred stocks ������������������������������������������ 2,716,450 2,285,814 1,914,375 1,927,789 18.8 70,553 138,203 172,438 2,335,25

Real estate mortgages������������������������������������������������������� 2,000 1,979 1,676 1,815 1.1 336 312 280 1,07

Real estate�������������������������������������������������������������������������� 47,775 47,780 42,400 41,323 0.0 921 7,075 5,964 33,81

Miscellaneous assets��������������������������������������������������������� 101,564 130,340 111,270 95,891 -22.1 16,404 6,921 9,174 69,06

Employee benefit and retirement-related trust and 

agency accounts:

Employee benefit - defined contribution���������������������������� 403,746 391,332 350,146 354,421 3.2 52,073 6,110 10,135 335,42

Employee benefit - defined benefit������������������������������������ 584,619 536,980 509,157 590,723 8.9 2,140 8,832 20,498 553,14

Other employee benefit and retirement-related 

 accounts�������������������������������������������������������������������������� 276,830 232,269 226,786 213,680 19.2 3,087 24,122 29,738 219,88

Corporate trust and agency accounts��������������������������������������� 22,849 26,349 26,208 22,260 -13.3 8 443 4,274 18,12

Investment management and investment advisory 

agency accounts �������������������������������������������������������������������� 1,324,574 1,205,210 1,008,692 1,079,983 9.9 33,321 68,335 101,655 1,121,26

Other fiduciary accounts ����������������������������������������������������������� 539,665 439,571 227,747 194,686 22.8 2,042 11,609 20,781 505,23

Total managed fiduciary accounts: 

Assets ��������������������������������������������������������������������������������� 3,826,650 3,452,149 2,939,455 3,070,577 10.8 106,870 189,056 254,780 3,275,94

Number of accounts ����������������������������������������������������������� 5,514,938 1,434,042 1,384,740 1,353,970 284.6 814,126 294,831 3,440,796 965,18

Fiduciary and related assets - nonmanaged assets 

Personal trust and agency accounts ���������������������������������������� 278,345 263,745 270,066 208,964 5.5 8,870 22,673 19,714 227,08

Employee benefit and retirement-related trust and 

agency accounts: 

Employee benefit - defined contribution���������������������������� 3,156,784 2,572,644 2,244,273 2,045,498 22.7 1,109,954 31,286 87,752 1,927,79

Employee benefit - defined benefit������������������������������������ 3,984,593 3,488,956 3,921,237 3,504,698 14.2 23,677 23,023 28,127 3,909,76

Other employee benefit and retirement-related accounts �� 2,641,285 2,302,996 1,815,808 1,796,455 14.7 976,560 25,025 105,424 1,534,27

Corporate trust and agency accounts��������������������������������������� 2,472,660 2,621,721 2,813,065 3,742,034 -5.7 964 11,054 406,045 2,054,59

Other fiduciary accounts ����������������������������������������������������������� 3,344,769 2,826,298 2,520,115 2,489,589 18.3 2,114 28,401 37,359 3,276,89

Total nonmanaged fiduciary accounts: 

Assets ��������������������������������������������������������������������������������� 15,878,436 14,076,360 13,584,563 13,787,238 12.8 2,122,139 141,462 684,421 12,930,41

Number of accounts ����������������������������������������������������������� 14,380,156 14,124,890 13,399,102 13,151,967 1.8 10,472,560 479,280 203,692 3,224,62

Custody and safekeeping accounts: 

Assets ��������������������������������������������������������������������������������� 80,058,733 74,236,716 74,108,600 70,211,224 7.8 123,172 1,107,839 632,505 78,195,21

Number of accounts ����������������������������������������������������������� 9,299,536 10,381,550 11,127,410 11,019,874 -10.4 1,321,766 5,390,946 414,671 2,172,15

Fiduciary and related services income 

Personal trust and agency accounts ���������������������������������������� 4,667 4,417 4,376 4,317 5.7 105 300 485 3,77

Retirement-related trust and agency accounts: 

Employee benefit - defined contribution���������������������������� 1,286 1,202 1,171 1,127 7.0 147 93 189 85

Employee benefit - defined benefit������������������������������������ 1,336 1,283 1,755 1,464 4.1 29 62 49 1,19

Other employee benefit and retirement-related accounts �� 1,350 1,194 1,041 814 13.1 58 206 178 90

Corporate trust and agency accounts��������������������������������������� 1,318 1,306 1,636 1,728 0.9 0 21 232 1,06

Investment management agency accounts������������������������������ 6,125 5,400 4,952 4,670 13.4 145 418 687 4,87

Other fiduciary accounts ����������������������������������������������������������� 816 847 1,640 1,851 -3.7 2 18 8 78

Custody and safekeeping accounts������������������������������������������ 12,484 11,559 9,348 8,533 8.0 14 363 484 11,62

Other fiduciary and related services income���������������������������� 1,440 1,386 2,137 2,078 3.9 3 90 135 1,21

Total gross fiduciary and related services income������������������� 30,991 28,766 28,221 26,749 7.7 506 1,672 2,462 26,35

Less: Expenses ������������������������������������������������������������������ 29,544 28,044 25,118 20,072 5.3 381 1,221 1,974 25,96

Less: Net losses from fiduciary and related services ������� 205 274 206 244 -25.2 0 2 12 19

Plus: Intracompany income credits for fiduciary and 

 related services��������������������������������������������������������������� 5,477 6,001 5,374 2,986 -8.7 0 25 263 5,18

Net fiduciary and related services income ������������������������������� 6,549 6,264 8,104 9,250 4.5 122 372 724 5,33

Collective investment funds and common trust funds 

(market value) 

Domestic equity funds�������������������������������������������������������� 373,714 299,291 274,259 291,568 24.9 12,517 984 9,868 350,34

International/global equity funds ��������������������������������������� 186,382 147,535 123,322 131,932 26.3 1,569 10,723 3,285 170,80

Stock/bond blend funds ����������������������������������������������������� 125,635 114,754 99,901 94,639 9.5 2,771 1,594 1,423 119,84

Taxable bond funds������������������������������������������������������������ 145,958 183,240 212,230 217,257 -20.3 1,037 4,686 1,962 138,27

Municipal bond funds ��������������������������������������������������������� 4,263 5,649 5,981 6,151 -24.5 44 366 299 3,55

Short-term investments/money market funds ������������������� 178,395 163,709 204,104 213,866 9.0 1,353 179 35 176,82

Specialty/other funds ��������������������������������������������������������� 77,419 80,365 81,065 69,350 -3.7 28,699 279 5,984 42,45

Total collective investment funds���������������������������������������������� 1,091,766 994,544 1,000,862 1,024,763 9.8 47,990 18,810 22,855 1,002,11
FDIC Quarterly 15 2014, Volume 8, No. 1

Quarterly Banking Profile

Total assets of the 6,812 FDIC-insured institutions 

increased by 0.9 percent ($126.6 billion) during the 

fourth quarter of 2013. Total deposits increased by 1.5 

percent ($163.8 billion), domestic office deposits 

increased by 2 percent ($191.3 billion), and foreign 

office deposits decreased by 1.9 percent ($27.4 billion). 

Domestic noninterest-bearing deposits increased by 2.1 

percent ($54.0 billion) and savings deposits and interest-bearing checking accounts increased by 2.8 percent 

($151.2 billion), while domestic time deposits 

decreased by 0.8 percent ($13.9 billion). For the 

twelve months ending December 31, total domestic 

deposits grew by 3.6 percent ($343.9 billion), with 

interest-bearing deposits increasing by 3.9 percent 

($271.6 billion) and noninterest-bearing deposits rising 

by 2.8 percent ($72.4 billion).1 Foreign deposits 

increased by 2.2 percent and other borrowed money 

increased by 7.2 percent, while securities sold under 

agreements to repurchase declined by 21.6 percent 

over the same twelve-month period.2

At the end of the fourth quarter, domestic deposits 

funded 66.5 percent of industry assets, the largest share 

since the fourth quarter of 1993, when the share was 

67.9 percent. Insured institutions held $2.6 trillion in 

domestic noninterest-bearing deposits on December 31, 

2013, 72 percent of which ($1.9 trillion) were noninterest-bearing transaction accounts larger than 

$250,000. Of the $1.9 trillion, $1.7 trillion exceeded 

the basic coverage limit of $250,000 per account. The 

expiration of the unlimited deposit insurance coverage 

for noninterest-bearing transaction accounts at the end 

of 2012 appeared to have little impact on industry 

deposit levels during 2013.3 The aggregate amount 

1

 Throughout the insurance fund discussion, FDIC-insured institutions 

include insured commercial banks and savings institutions and, except 

where noted, exclude insured branches of foreign banks. 

2

 Other borrowed money includes FHLB advances, term federal funds, 

mortgage indebtedness, and other borrowings.

3

 The Dodd-Frank Wall Street Reform and Consumer Protection Act 

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

deposit insurance coverage for noninterest-bearing transaction accounts 

from December 31, 2010, through December 31, 2012, regardless of 

the balance in the account and the ownership capacity of the funds. The 

unlimited coverage was available to all depositors, including consumers, 

businesses and government entities. The coverage was separate from, 

and in addition to, the insurance coverage provided for a depositor’s 

other accounts held at FDIC-insured institutions.

exceeding the $250,000 limit in noninterest-bearing 

transaction deposits increased by 7.9 percent ($122.5 

billion) since the end of 2012. Table 1 shows the distribution of noninterest-bearing transaction accounts 

larger than $250,000 by institution asset size. 

Total estimated insured deposits increased by 0.7 percent 

during the fourth quarter. Estimated insured deposits 

declined by 18.8 percent from the prior year-end primarily due to the expiration of the temporary unlimited 

insurance coverage on noninterest-bearing transaction 

accounts.4 Estimated insured deposits covered by the 

$250,000 insurance limit, however, increased by 2.5 

percent during 2013. For institutions existing at the start 

and the end of the fourth quarter, insured deposits 

increased during the quarter at 3,500 institutions (51 

percent), decreased at 3,289 institutions (48 percent), 

and remained unchanged at 29 institutions.

The condition of the Deposit Insurance Fund (DIF) 

continues to improve. The DIF increased by $6.4 billion 

during the fourth quarter to $47.2 billion. The main 

drivers of the increase were a negative provision for 

insurance losses of $4.6 billion—reflecting a reduction in 

estimated losses from failed institution assets—and assessment income of $2.2 billion. Interest revenue, other 

miscellaneous income, and unrealized gains on availablefor-sale securities added another $57 million. Fourth 

quarter operating expenses reduced the fund balance by 

$436 million. For all of 2013, 24 insured institutions with 

combined assets of $6 billion failed, down from 51 failures with combined assets of $11.6 billion in 2012. The 

DIF’s reserve ratio—the DIF fund balance as a percent of 

estimated insured deposits—was 0.79 percent as of the 

fourth quarter, up from 0.68 percent in the prior quarter 

and 0.44 percent one year earlier.5

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

minus average tangible equity.6 Revisions to insurance 

4

 Figures for estimated insured deposits in this discussion include 

insured branches of foreign banks, in addition to insured commercial 

banks and savings institutions.

5

 Excluding the temporarily insured deposits from insured deposits 

would increase the year-end 2012 reserve ratio to 0.56 percent. (See 

also Footnote 3.)

6

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

■ Insured Deposits Grow by 0.7 Percent 

■ DIF Reserve Ratio Rises 11 Basis Points to 0.79 Percent

■ Two Institutions Fail During Fourth Quarter

INSURANCE FUND INDICATORS
FDIC Quarterly 16 2014, Volume 8, No. 1

assessment rates and risk-based pricing rules for large 

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

became effective on that date.7 Table 2 shows the distribution of the assessment base by institution asset size 

category as of the fourth quarter.

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

FDIC must make available to the public the reserve 

ratio and the Designated Reserve Ratio (DRR) using 

7

 The Fourth Quarter 2010 Quarterly Banking Profile includes a more 

detailed explanation of these changes.

both estimated insured deposits and the new assessment 

base. As of December 31, 2013, the FDIC reserve ratio 

would have been 0.37 percent using the new assessment 

base (compared to 0.79 percent using estimated insured 

deposits), and the 2 percent DRR using estimated 

insured deposits would have been 0.94 percent using 

the new assessment base. 

Author: Kevin Brown, Senior Financial Analyst

Division of Insurance and Research

(202) 898-6817

Table 1

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

Distribution of Noninterest-Bearing Domestic Deposits by Asset Size

Asset Size

Number of 

Institutions

Total Assets 

($ Bil.)

Domestic Noninterest-Bearing Transaction Accounts

Larger Than $250,000* Other 

NoninterestBearing 

Deposits** 

($ Bil.)

Total 

($ Bil.)

Amount Above 

the $250,000 

Coverage Limit 

($ Bil.)

Average 

Account 

Size 

($ Thou.)

Average 

Number of 

Accounts per 

Institution

Less Than $1 Billion 6,146 $1,365.9 $82.2 $52.9 $702 19 $129.0

$1 - $10 Billion 559 1,468.8 123.8 90.0 917 241 113.6

$10 - $50 Billion 71 1,479.1 129.1 104.5 1,312 1,385 84.8

$50 - $100 Billion 15 1,174.8 152.0 134.9 2,217 4,571 44.2

Over $100 Billion 21 9,234.2 1,401.0 1,282.5 2,956 22,567 354.1

Total 6,812 14,722.8 1,888.0 1,664.8 2,115 131 725.7

September 30, 2013 6,891 14,596.2 1,819.8 1,598.5 2,055 128 739.9

June 30, 2013 6,940 14,405.1 1,697.1 1,486.3 2,013 121 760.4

March 31, 2013 7,019 14,424.4 1,678.7 1,472.1 2,031 118 766.4

December 31, 2012 7,083 14,450.7 1,753.5 1,542.3 2,075 119 787.9

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

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

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

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

September 30, 2011 7,437 13,811.9 1,385.3 1,209.7 1,972 94 708.1

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

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

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

* The Dodd-Frank Act provided temporary unlimited coverage through 12/31/2012, after which these accounts are not insured above the basic $250,000 coverage limit.

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

Table 2

Distribution of the Assessment Base for FDIC-Insured Institutions* 

by Asset Size

Data as of December 31, 2013

Asset Size

Number of 

Institutions

Percent of 

Total Institutions

Assessment Base** 

($ Bil.)

Percent of 

Base

Less Than $1 Billion 6,146 90.2 $1,212.9 9.6 

$1 - $10 Billion 559 8.2 1,309.4 10.3 

$10 - $50 Billion 71 1.0 1,323.8 10.4 

$50 - $100 Billion 15 0.2 1,020.6 8.0 

Over $100 Billion 21 0.3 7,828.3 61.7 

Total 6,812 100.0 12,694.9 100.0 

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

** Average consolidated total assets minus average tangible equity, with adjustments for banker’s banks and custodial banks.
FDIC Quarterly 17 2014, Volume 8, No. 1

Quarterly Banking Profile

DIF Reserve Ratios

Percent of Insured Deposits

0.17

0.22

0.32 0.35

0.44

0.60

0.68

-0.12 -0.02

0.06

0.12

0.64

0.79

12/10 6/11 12/11 6/12 12/12 6/13 12/13

Table I-B. Insurance Fund Balances and Selected Indicators

(dollar figures in millions)

Deposit Insurance Fund*

4th 

Quarter 

2013

3rd 

Quarter 

2013

2nd 

Quarter 

2013

1st 

Quarter 

2013

4th 

Quarter 

2012

3rd 

Quarter 

2012

2nd 

Quarter 

2012

1st 

Quarter 

2012

4th 

Quarter 

2011

3rd 

Quarter 

2011

2nd 

Quarter 

2011

1st 

Quarter 

2011

4th 

Quarter 

2010

Beginning Fund Balance ..... $40,758 $37,871 $35,742 $32,958 $25,224 $22,693 $15,292 $11,827 $7,813 $3,916 -$1,023 -$7,352 -$8,009

Changes in Fund Balance:

Assessments earned .............. 2,224 2,339 2,526 2,645 2,937 2,833 2,933 3,694 3,209 3,642 3,163 3,484 3,498

Interest earned on 

investment securities .......... 24 34 54 -9 66 -8 81 20 33 30 37 28 39

Realized gain on sale of

investments.......................... 302 156 0 0 0 0 0 0 0 0 0 0 0

Operating expenses ............... 436 298 439 436 469 442 407 460 334 433 463 395 452

Provision for insurance 

losses .................................. -4,588 -539 -33 -499 -3,344 -84 -807 12 1,533 -763 -2,095 -3,089 2,446

All other income, 

net of expenses ................... 8 46 51 55 1,878 57 4,095 63 2,599 83 80 66 48

Unrealized gain/(loss) on 

available-for-sale 

securities ............................. -277 71 -96 30 -22 7 -108 160 40 -188 27 57 -30

Total fund balance change ..... 6,433 2,887 2,129 2,784 7,734 2,531 7,401 3,465 4,014 3,897 4,939 6,329 657

Ending Fund Balance ........... 47,191 40,758 37,871 35,742 32,958 25,224 22,693 15,292 11,827 7,813 3,916 -1,023 -7,352

Percent change from 

 four quarters earlier ..... 43.19 61.58 66.88 133.73 178.67 222.85 479.49 NM NM NM N

Reserve Ratio (%) ................. 0.79 0.68 0.64 0.60 0.44 0.35 0.32 0.22 0.17 0.12 0.0

Estimated Insured 

Deposits** .............................. 6,011,310 5,968,901 5,952,549 5,999,986 7,406,522 7,249,849 7,083,434 7,032,875 6,974,690 6,756,302 6,524,750 6,380,407 6,302,329

Percent change from 

 four quarters earlier ..... -18.84 -17.67 -15.97 -14.69 6.19 7.30 8.56 10.23 10.67 24.62 20.0

Domestic Deposits ............... 9,825,300 9,630,392 9,424,433 9,454,580 9,474,582 9,084,803 8,937,725 8,848,706 8,782,134 8,526,713 8,244,900 8,006,898 7,887,733

Percent change from 

 four quarters earlier ..... 3.70 6.01 5.45 6.85 7.88 6.55 8.40 10.51 11.34 9.97 7

Number of Institutions 

Reporting ........................... 6,821 6,900 6,949 7,028 7,092 7,190 7,254 7,317 7,366 7,446 7,522 7,583 7,667

Deposit Insurance Fund Balance 

and Insured Deposits

($ Millions)

DIF 

Balance

DIF-Insured 

Deposits

12/10 -$7,352 $6,302,329

3/11 -1,023 6,380,407

6/11 3,916 6,524,750

9/11 7,813 6,756,302

12/11 11,827 6,974,690

3/12 15,292 7,032,875

6/12 22,693 7,083,434

9/12 25,224 7,249,849

12/12 32,958 7,406,522

3/13 35,742 5,999,986

6/13 37,871 5,952,549

9/13 40,758 5,968,901

12/13 47,191 6,011,310

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

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

Problem Institutions

Number of institutions �������������������������������������������������������������������������������� 467 651 813 884 702 252

Total assets������������������������������������������������������������������������������������������������� $152,687 $232,701 $319,432 $390,017 $402,782 $159,405

Failed Institutions

Number of institutions �������������������������������������������������������������������������������� 24 51 92 157 140 25

Total assets***�������������������������������������������������������������������������������������������� $6,044 $11,617 $34,923 $92,085 $169,709 $371,945

Assisted Institutions****

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

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

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

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

(Dodd-Frank) temporarily provided unlimited coverage for noninterest-bearing transaction accounts for two years beginning December 31, 2010, and ending December 31, 2012

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

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

received assistance in 2009
FDIC Quarterly 18 2014, Volume 8, No. 1

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

(dollar figures in millions) 

December 31, 2013

Number of 

Institutions

Total 

Assets

Domestic 

Deposits*

Est. Insured 

Deposits

Commercial Banks and Savings Institutions

FDIC-Insured Commercial Banks ����������������������������������������������� 5,876 $13,670,345 $8,988,241 $5,299,023

 FDIC-Supervised ������������������������������������������������������������������� 3,873 2,172,255 1,693,659 1,268,780

 OCC-Supervised�������������������������������������������������������������������� 1,153 9,438,102 5,935,500 3,308,993

 Federal Reserve-Supervised������������������������������������������������� 850 2,059,988 1,359,082 721,250

FDIC-Insured Savings Institutions ���������������������������������������������� 936 1,052,456 802,689 682,785

 OCC-Supervised Savings Institutions ����������������������������������� 497 702,487 540,755 461,642

 FDIC-Supervised Savings Institutions����������������������������������� 439 349,969 261,934 221,143

Total Commercial Banks and Savings Institutions ���������������������� 6,812 14,722,801 9,790,929 5,981,808

Other FDIC-Insured Institutions

U.S. Branches of Foreign Banks ������������������������������������������������� 9 75,642 34,371 29,5

Total FDIC-Insured Institutions���������������������������������������������������� . 6,821 14,798,443 9,825,300 6,011,3

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

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

Quarter Ending September 30, 2013 (dollar figures in billions)

Annual Rate in Basis Points

Number of 

Institutions

Percent of Total 

Institutions

Amount of 

Assessment Base*

Percent of Total 

Assessment Base

2.50-5.00 1,383 20.04 $1,029 

5.01-7.50 2,831 41.03 7,595 6

7.51-10.00 1,442 20.90 2,996 2

10.01-15.00 693 10.04 601 

15.01-20.00 29 0.42 63 

 20.01-25.00 432 6.26 188 

 25.01-30.00 7 0.10 9 

 30.01-35.00 79 1.14 29 

greater than 35.00 4 0.06 12 0

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

required by the Dodd-Frank Act
FDIC Quarterly 19 2014, Volume 8, No. 1

Quarterly Banking Profile

Notes to Users

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

Insurance Corporation (FDIC). These notes are an integral 

part of this publication and provide information regarding 

the comparability of source data and reporting differences 

over time.

Tables I-A through VIII-A.

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

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

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

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

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

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

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

selected indicators, including aggregate condition and income 

data, performance ratios, condition ratios, and structural 

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

Tables I-B through IV-B.

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

comparative quarterly data related to the Deposit Insurance 

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

estimated FDIC-insured deposits, as well as assessment rate 

information. Depository institutions that are not insured by 

the FDIC through the DIF are not included in the FDIC 

Quarterly Banking Profile. U.S. branches of institutions 

headquartered in foreign countries and non-deposit trust 

companies are not included unless otherwise indicated. 

Efforts are made to obtain financial reports for all active 

institutions. However, in some cases, final financial reports 

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

DATA SOURCES

The financial information appearing in this publication is 

obtained primarily from the Federal Financial Institutions 

Examination Council (FFIEC) Consolidated Reports of 

Condition and Income (Call Reports) and the OTS Thrift 

Financial Reports submitted by all FDIC-insured depository 

institutions. (TFR filers began filing Call Reports effective 

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

stored on and retrieved from the FDIC’s Research 

Information System (RIS) database.

COMPUTATION METHODOLOGY

Parent institutions are required to file consolidated reports, 

while their subsidiary financial institutions are still required 

to file separate reports. Data from subsidiary institution 

reports are included in the Quarterly Banking Profile tables, 

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

for any double-counting of subsidiary data. Additionally, 

certain adjustments are made to the OTS Thrift Financial 

Reports to provide closer conformance with the reporting and 

accounting requirements of the FFIEC Call Reports. (TFR 

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

All asset and liability figures used in calculating performance 

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

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

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

includes the results of all merged institutions. No adjustments 

are made for “purchase accounting” mergers. Growth rates 

represent the percentage change over a 12-month period in 

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

All data are collected and presented based on the location of 

each reporting institution’s main office. Reported data may 

include assets and liabilities located outside of the reporting 

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

across state lines or change their charters, resulting in an 

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

can move their home offices between regions, and savings 

institutions can convert to commercial banks or commercial 

banks may convert to savings institutions.

ACCOUNTING CHANGES

Indemnification Assets and Accounting Standards Update No. 2012-

06 – In October 2012, the FASB issued Accounting Standards 

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

Indemnification Asset Recognized at the Acquisition Date as 

a Result of a Government-Assisted Acquisition of a Financial 

Institution,” to address the subsequent measurement of an 

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

This ASU amends ASC Topic 805, Business Combinations 

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

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

Under the ASU, when an institution experiences a change in 

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

flows expected to be collected on the assets covered by the 

loss-sharing agreement, the institution should account for the 

change in the measurement of the indemnification asset on 

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

indemnification asset should be limited to the lesser of the 

term of the indemnification agreement and the remaining life 

of the indemnified assets.

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

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

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

The ASU’s provisions should be applied prospectively to any 

new indemnification assets acquired after the date of adoption 

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

institution. Institutions with indemnification assets arising 

from FDIC loss-sharing agreements are expected to adopt ASU 

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

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

Page/SectionPage&cid=1176156316498.
FDIC Quarterly 20 2014, Volume 8, No. 1

ed accounting principles, institutions may not record the 

effect of this tax change in their balance sheets and income 

statements for financial and regulatory reporting purposes 

until the period in which the law was enacted, i.e., the first 

quarter of 2009.

Troubled Debt Restructurings and Current Market Interest Rates – 

Many institutions are restructuring or modifying the terms of 

loans to provide payment relief for those borrowers who have 

suffered deterioration in their financial condition. Such loan 

restructurings may include, but are not limited to, reductions 

in principal or accrued interest, reductions in interest rates, 

and extensions of the maturity date. Modifications may be 

executed at the original contractual interest rate on the loan, 

a current market interest rate, or a below-market interest rate. 

Many of these loan modifications meet the definition of a 

troubled debt restructuring (TDR).

The TDR accounting and reporting standards are set forth in 

ASC Subtopic 310-40, Receivables – Troubled Debt 

Restructurings by Creditors (formerly FASB Statement No. 

15, “Accounting by Debtors and Creditors for Troubled Debt 

Restructurings,” as amended). This guidance specifies that a 

restructuring of a debt constitutes a TDR if, at the date of 

restructuring, the creditor for economic or legal reasons related to a debtor’s financial difficulties grants a concession to 

the debtor that it would not otherwise consider.

In the Call Report, until a loan that is a TDR is paid in full or 

otherwise settled, sold, or charged off, it must be reported in 

the appropriate loan category, as well as identified as a performing TDR loan, if it is in compliance with its modified 

terms. If a TDR is not in compliance with its modified terms, 

it is reported as a past-due and nonaccrual loan in the appropriate loan category, as well as distinguished from other past 

due and nonaccrual loans. To be considered in compliance 

with its modified terms, a loan that is a TDR must not be in 

nonaccrual status and must be current or less than 30 days past 

due on its contractual principal and interest payments under 

the modified repayment terms. A loan restructured in a TDR 

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

impairment in accordance with ASC Subtopic 310-10, 

Receivables – Overall (formerly FASB Statement No. 114, 

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

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

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

may be aggregated and measured for impairment with other 

impaired loans that share common risk characteristics by using 

historical statistics, such as average recovery period and 

average amount recovered, along with a composite effective 

interest rate. The outcome of such an aggregation approach 

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

instructions for loans that are “individually” considered 

impaired instead of the measurement method prescribed in 

ASC Subtopic 450-20, Contingencies – Loss Contingencies 

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

are collectively evaluated for impairment. When a loan not 

previously considered individually impaired is restructured and 

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

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

methods prescribed in ASC Subtopic 310-10.

Goodwill Impairment Testing – In September 2011, the FASB 

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

“Testing Goodwill for Impairment,” to address concerns about 

the cost and complexity of the existing goodwill impairment 

test in ASC Topic 350, Intangibles-Goodwill and Other 

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

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

Topic 350 are effective for annual and interim goodwill 

impairment tests performed for fiscal years beginning after 

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

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

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

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

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

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

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

amount (including goodwill), then the institution does not 

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

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

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

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

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

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

choose to bypass the qualitative assessment for any reporting 

unit in any period and proceed directly to performing the first 

step of the two-step goodwill impairment test.

Extended Net Operating Loss Carryback Period – The Worker, 

Homeownership, and Business Assistance Act of 2009, which 

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

businesses, excluding those banking organizations that 

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

Asset Relief Program, to elect a net operating loss carryback 

period of three, four, or five years instead of the usual carryback period of two years for any one tax year ending after 

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

For calendar-year banks, this extended carryback period 

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

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

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

other carryback years.

Under generally accepted accounting principles, banks may 

not record the effects of this tax change in their balance 

sheets and income statements for financial and regulatory 

reporting purposes until the period in which the law was 

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

should recognize the effects of this fourth quarter 2009 tax 

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

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

amend their Call Reports for prior quarters for the effects of 

the extended net operating loss carryback period.

The American Recovery and Reinvestment Act of 2009, 

which was enacted on February 17, 2009, permits qualifying 

small businesses, including FDIC-insured institutions, to elect 

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

years instead of the usual carryback period of two years for 

any tax year ending in 2008 or, at the small business’s election, any tax year beginning in 2008. Under generally accept-
FDIC Quarterly 21 2014, Volume 8, No. 1

Quarterly Banking Profile

ASC Topic 805 (formerly Business Combinations and Noncontrolling 

(Minority) Interests) – In December 2007, the FASB issued 

Statement No. 141 (Revised), Business Combinations FAS 

141(R)), and Statement No. 160, Noncontrolling Interests in 

Consolidated Financial Statements (FAS 160). Under FAS 

141(R), all business combinations, including combinations of 

mutual entities, are to be accounted for by applying the acquisition method. FAS 160 defines a noncontrolling interest, also 

called a minority interest, as the portion of equity in an institution’s subsidiary not attributable, directly or indirectly, to the 

parent institution. FAS 160 requires an institution to clearly 

present in its consolidated financial statements the equity 

ownership in and results of its subsidiaries that are attributable 

to the noncontrolling ownership interests in these subsidiaries. 

FAS 141(R) applies prospectively to business combinations for 

which the acquisition date is on or after the beginning of the 

first annual reporting period beginning on or after December 

15, 2008. Similarly, FAS 160 is effective for fiscal years beginning on or after December 15, 2008. Thus, for institutions 

with calendar-year fiscal years, these two accounting standards 

take effect in 2009. Beginning in March 2009, Institution 

equity capital and Noncontrolling interests are separately 

reported in arriving at Total equity capital and Net income.

ASC Topic 820 (formerly FASB Statement No. 157 Fair Value 

Measurements issued in September 2006) and ASC Topic 825 

(formerly FASB Statement No. 159 The Fair Value Option for 

Financial Assets and Financial Liabilities) issued in February 2007 – 

both are effective in 2008 with early adoption permitted in 

2007. FAS 157 defines fair value and establishes a framework 

for developing fair value estimates for the fair value measurements that are already required or permitted under other standards. FASB FSP 157-4, issued in April 2009, provides 

additional guidance for estimating fair value in accordance 

with FAS 157 when the volume and level of activity for the 

asset or liability have significantly decreased. The FSP also 

includes guidance on identifying circumstances that indicate a 

transaction is not orderly. The FSP is effective for interim and 

annual reporting periods ending after June 15, 2009, with early 

adoption permitted for periods ending after March 15, 2009.

Fair value continues to be used for derivatives, trading securities, and available-for-sale securities. Changes in fair value go 

through earnings for trading securities and most derivatives. 

Changes in the fair value of available-for-sale securities are 

reported in other comprehensive income. Available-for-sale 

securities and held-to-maturity debt securities are written down 

to fair value if impairment is other than temporary and loans 

held for sale are reported at the lower of cost or fair value.

FAS 159 allows institutions to report certain financial assets 

and liabilities at fair value with subsequent changes in fair 

value included in earnings. In general, an institution may 

elect the fair value option for an eligible financial asset or 

liability when it first recognizes the instrument on its balance 

sheet or enters into an eligible firm commitment.

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

Accounting for Defined Benefit Pension and Other Postretirement 

Plans) – refer to previously published Quarterly Banking Profile

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

ASC Topic 860 (formerly FASB Statement No. 156 Accounting for 

Servicing of Financial Assets) – refer to previously published 

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

qbp/2011mar/qbpnot.html.

Troubled Debt Restructurings and Accounting Standards Update 

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

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

Determination of Whether a Restructuring Is a Troubled 

Debt Restructuring,” to provide additional guidance to help 

creditors determine whether a concession has been granted to 

a borrower and whether a borrower is experiencing financial 

difficulties. The guidance is also intended to reduce diversity 

in practice in identifying and reporting TDRs. This ASU was 

effective for public companies for interim and annual periods 

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

applied retrospectively to the beginning of the annual period 

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

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

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

takes effect July 1, 2011, but retrospective application begins 

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

new guidance for annual periods ending after December 15, 

2012, including interim periods within those annual periods. 

(For most nonpublic institutions, the ASU took effect 

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

for both public and nonpublic entities. Nonpublic entities 

that adopt early are subject to a retrospective identification 

requirement. For additional information, refer to ASU 2011-

02, available at http://www.fasb.org/jsp/FASB/Page/

SectionPage&cid=1176156316498.

Accounting for Loan Participations – Amended ASC Topic 860 

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

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

loan participation, to qualify for sale accounting. These 

changes apply to transfers of loan participations on or after 

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

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

advances under lines of credit that are transferred on or after 

the effective date of amended ASC Topic 860 even if the line 

of credit agreements were entered into before this effective 

date. Therefore, banks with a calendar-year fiscal year must 

account for transfers of loan participations on or after January 

1, 2010, in accordance with amended ASC Topic 860. In 

general, loan participations transferred before the effective 

date of amended ASC Topic 860 are not affected by this new 

accounting standard.

Under amended ASC Topic 860, if a transfer of a portion of 

an entire financial asset meets the definition of a “participating interest,” then the transferor (normally the lead lender) 

must evaluate whether the transfer meets all of the conditions 

in this accounting standard to qualify for sale accounting.

Other-Than-Temporary Impairment – When the fair value of an 

investment in an individual available-for-sale or held-tomaturity security is less than its cost basis, the impairment is 

either temporary or other-than-temporary. The amount of the 

total other-than-temporary impairment related to credit loss 

must be recognized in earnings, but the amount of total 

impairment related to other factors must be recognized in 

other comprehensive income, net of applicable taxes. To 

determine whether the impairment is other-than-temporary, 

an institution must apply the applicable accounting guidance 

– refer to previously published Quarterly Banking Profile notes: 

http://www2.fdic.gov/qbp/2011mar/qbpnot.html.
FDIC Quarterly 22 2014, Volume 8, No. 1

ASC Topic 740 (formerly FASB Interpretation No. 48 on Uncertain 

Tax Positions) – refer to previously published Quarterly Banking 

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

ASC Topic 718 (formerly FASB Statement No. 123 (Revised 2004) 

and Share-Based Payments – refer to previously published 

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

qbp/2008dec/qbpnot.html.

ASC Topic 815 (formerly FASB Statement No. 133 Accounting for 

Derivative Instruments and Hedging Activities) – refer to previously published Quarterly Banking Profile notes: http://www2.

fdic.gov/qbp/2008dec/qbpnot.html.

Accounting Standards Codification – refer to previously published 

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

qbp/2011sep/qbpnot.html.

DEFINITIONS (in alphabetical order)

All other assets – total cash, balances due from depository 

institutions, premises, fixed assets, direct investments in real 

estate, investment in unconsolidated subsidiaries, customers’ 

liability on acceptances outstanding, assets held in trading 

accounts, federal funds sold, securities purchased with agreements to resell, fair market value of derivatives, prepaid 

deposit insurance assessments, and other assets.

All other liabilities – bank’s liability on acceptances, limited-life 

preferred stock, allowance for estimated off-balance-sheet credit losses, fair market value of derivatives, and other liabilities.

Assessment base – effective April 1, 2011, the deposit insurance assessment base has changed to “average consolidated 

total assets minus average tangible equity” with an additional 

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

assessment base was “assessable deposits” and consisted of DIF 

deposits (deposits insured by the FDIC Deposit Insurance 

Fund) in banks’ domestic offices with certain adjustments.

Assets securitized and sold – total outstanding principal balance 

of assets securitized and sold with servicing retained or other 

seller- provided credit enhancements.

Capital Purchase Program (CPP) – as announced in October 

2008 under the TARP, the Treasury Department purchase of 

noncumulative perpetual preferred stock and related warrants 

that is treated as Tier 1 capital for regulatory capital purposes 

is included in “Total equity capital.” Such warrants to purchase common stock or noncumulative preferred stock issued 

by publicly-traded banks are reflected as well in “Surplus.” 

Warrants to purchase common stock or noncumulative preferred stock of not-publicly-traded bank stock are classified in 

a bank’s balance sheet as “Other liabilities.”

Construction and development loans – includes loans for all 

property types under construction, as well as loans for land 

acquisition and development.

Core capital – common equity capital plus noncumulative perpetual preferred stock plus minority interest in consolidated 

subsidiaries, less goodwill and other ineligible intangible 

assets. The amount of eligible intangibles (including servicing 

rights) included in core capital is limited in accordance with 

supervisory capital regulations.

Cost of funding earning assets – total interest expense paid on 

deposits and other borrowed money as a percentage of average 

earning assets.

ASC Topic 815 (formerly FASB Statement No. 155 Accounting for 

Certain Hybrid Financial Instruments) – refer to previously published Quarterly Banking Profile notes: http://www2.fdic.gov/

qbp/2011mar/qbpnot.html.

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

the option to buy back the loans that collateralize the 

GNMA securities, when certain delinquency criteria are met, 

ASC Topic 860 (formerly FASB Statement No. 140) requires 

that loans with this buy-back option must be brought back on 

the issuer’s books as assets. The rebooking of GNMA loans is 

required regardless of whether the issuer intends to exercise 

the buy-back option. The banking agencies clarified in May 

2005 that all GNMA loans that are rebooked because of 

delinquency should be reported as past due according to their 

contractual terms.

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

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

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

Statement No. 167, Amendments to FASB Interpretation 

No. 46(R) (FAS 167), which change the way entities account 

for securitizations and special purpose entities. FAS 166 

revised FASB Statement No. 140, Accounting for Transfers 

and Servicing of Financial Assets and Extinguishments of 

Liabilities, by eliminating the concept of a “qualifying specialpurpose entity,” creating the concept of a “participating interest,” changing the requirements for derecognizing financial 

assets, and requiring additional disclosures. FAS 167 revised 

FASB Interpretation No. 46(R), Consolidation of Variable 

Interest Entities, by changing how a bank or other company 

determines when an entity that is insufficiently capitalized or 

is not controlled through voting or similar rights, i.e., a “variable interest entity” (VIE), should be consolidated. Under 

FAS 167, a bank must perform a qualitative assessment to 

determine whether its variable interest or interests give it a 

controlling financial interest in a VIE. If a bank’s variable 

interest or interests provide it with the power to direct the 

most significant activities of the VIE, and the right to receive 

benefits or the obligation to absorb losses that could potentially be significant to the VIE, the bank is the primary beneficiary of, and therefore must consolidate, the VIE.

Both FAS 166 and FAS 167 take effect as of the beginning of 

each bank’s first annual reporting period that begins after 

November 15, 2009, for interim periods therein, and for interim and annual reporting periods thereafter (i.e., as of January 

1, 2010, for banks with a calendar year fiscal year). Earlier 

application is prohibited. Banks are expected to adopt FAS 

166 and FAS 167 for Call Report purposes in accordance with 

the effective date of these two standards. Also, FAS 166 has 

modified the criteria that must be met in order for a transfer of 

a portion of a financial asset, such as a loan participation, to 

qualify for sale accounting. These changes apply to transfers of 

loan participations on or after the effective date of FAS 166. 

Therefore, banks with a calendar year fiscal year must account 

for transfers of loan participations on or after January 1, 2010, 

in accordance with FAS 166. In general, loan participations 

transferred before the effective date of FAS 166 (January 1, 

2010, for calendar year banks) are not affected by this new 

accounting standard and pre-FAS 166 participations that were 

properly accounted for as sales under FASB Statement No. 

140 will continue to be reported as having been sold.
FDIC Quarterly 23 2014, Volume 8, No. 1

Quarterly Banking Profile

Estimated insured deposits – in general, insured deposits are 

total domestic deposits minus estimated uninsured deposits. 

Beginning March 31, 2008, for institutions that file Call 

Reports, insured deposits are total assessable deposits minus 

estimated uninsured deposits. Beginning September 30, 2009, 

insured deposits include deposits in accounts of $100,000 to 

$250,000 that are covered by a temporary increase in the 

FDIC’s standard maximum deposit insurance amount 

(SMDIA). The Dodd-Frank Wall Street Reform and 

Consumer Protection Act enacted on July 21, 2010, made 

permanent the standard maximum deposit insurance amount 

(SMDIA) of $250,000. Also, the Dodd-Frank Act amended 

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

insurance account category. All funds held in noninterestbearing transaction accounts were fully insured, without limit, 

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

Failed/assisted institutions – an institution fails when regulators 

take control of the institution, placing the assets and liabilities into a bridge bank, conservatorship, receivership, or 

another healthy institution. This action may require the 

FDIC to provide funds to cover losses. An institution is 

defined as “assisted” when the institution remains open and 

receives assistance in order to continue operating.

Fair Value – the valuation of various assets and liabilities on 

the balance sheet—including trading assets and liabilities, 

available-for-sale securities, loans held for sale, assets and 

liabilities accounted for under the fair value option, and foreclosed assets—involves the use of fair values. During periods 

of market stress, the fair values of some financial instruments 

and nonfinancial assets may decline.

FHLB advances – all borrowings by FDIC insured institutions 

from the Federal Home Loan Bank System (FHLB), as 

reported by Call Report filers and by TFR filers.

Goodwill and other intangibles – intangible assets include 

servicing rights, purchased credit card relationships, and other 

identifiable intangible assets. Goodwill is the excess of the 

purchase price over the fair market value of the net assets 

acquired, less subsequent impairment adjustments. Other 

intangible assets are recorded at fair value, less subsequent 

quarterly amortization and impairment adjustments.

Loans secured by real estate – includes home equity loans, 

junior liens secured by 1-4 family residential properties, and 

all other loans secured by real estate.

Loans to individuals – includes outstanding credit card balances 

and other secured and unsecured consumer loans.

Long-term assets (5+ years) – loans and debt securities with 

remaining maturities or repricing intervals of over five years.

Maximum credit exposure – the maximum contractual credit 

exposure remaining under recourse arrangements and other 

seller-provided credit enhancements provided by the reporting bank to securitizations.

Mortgage-backed securities – certificates of participation in 

pools of residential mortgages and collateralized mortgage 

obligations issued or guaranteed by government-sponsored or 

private enterprises. Also, see “Securities,” below.

Net charge-offs – total loans and leases charged off (removed 

from balance sheet because of uncollectibility), less amounts 

recovered on loans and leases previously charged off.

Credit enhancements – techniques whereby a company attempts 

to reduce the credit risk of its obligations. Credit enhancement may be provided by a third party (external credit 

enhancement) or by the originator (internal credit enhancement), and more than one type of enhancement may be 

associated with a given issuance.

Deposit Insurance Fund (DIF) – the Bank (BIF) and Savings 

Association (SAIF) Insurance Funds were merged in 2006 by 

the Federal Deposit Insurance Reform Act to form the DIF.

Derivatives notional amount – the notional, or contractual, 

amounts of derivatives represent the level of involvement in 

the types of derivatives transactions and are not a quantification of market risk or credit risk. Notional amounts represent 

the amounts used to calculate contractual cash flows to be 

exchanged.

Derivatives credit equivalent amount – the fair value of the 

derivative plus an additional amount for potential future credit exposure based on the notional amount, the remaining 

maturity and type of the contract.

Derivatives transaction types:

Futures and forward contracts – contracts in which the buyer 

agrees to purchase and the seller agrees to sell, at a specified future date, a specific quantity of an underlying variable or index at a specified price or yield. These contracts 

exist for a variety of variables or indices, (traditional agricultural or physical commodities, as well as currencies and 

interest rates). Futures contracts are standardized and are 

traded on organized exchanges which set limits on counterparty credit exposure. Forward contracts do not have 

standardized terms and are traded over the counter.

Option contracts – contracts in which the buyer acquires the 

right to buy from or sell to another party some specified 

amount of an underlying variable or index at a stated price 

(strike price) during a period or on a specified future date, 

in return for compensation (such as a fee or premium). 

The seller is obligated to purchase or sell the variable or 

index at the discretion of the buyer of the contract.

Swaps – obligations between two parties to exchange a 

series of cash flows at periodic intervals (settlement dates), 

for a specified period. The cash flows of a swap are either 

fixed, or determined for each settlement date by multiplying the quantity (notional principal) of the underlying 

variable or index by specified reference rates or prices. 

Except for currency swaps, the notional principal is used 

to calculate each payment but is not exchanged.

Derivatives underlying risk exposure – the potential exposure 

characterized by the level of banks’ concentration in particular underlying instruments, in general. Exposure can result 

from market risk, credit risk, and operational risk, as well as, 

interest rate risk.

Domestic deposits to total assets – total domestic office deposits 

as a percent of total assets on a consolidated basis.

Earning assets – all loans and other investments that earn 

interest or dividend income.

Efficiency ratio – Noninterest expense less amortization of 

intangible assets as a percent of net interest income plus noninterest income. This ratio measures the proportion of net 

operating revenues that are absorbed by overhead expenses, 

so that a lower value indicates greater efficiency.
FDIC Quarterly 24 2014, Volume 8, No. 1

Reserves for losses – the allowance for loan and lease losses on 

a consolidated basis.

Restructured loans and leases – loan and lease financing receivables with terms restructured from the original contract. 

Excludes restructured loans and leases that are not in compliance with the modified terms.

Retained earnings – net income less cash dividends on common and preferred stock for the reporting period.

Return on assets – bank net income (including gains or losses 

on securities and extraordinary items) as a percentage of average total (consolidated) assets. The basic yardstick of bank 

profitability.

Return on equity – bank net income (including gains or losses 

on securities and extraordinary items) as a percentage of average total equity capital.

Risk-based capital groups – definition:

(Percent)

Total 

Risk-Based 

Capital*

Tier 1

Risk-Based 

Capital*

Tier 1 

Leverage

Tangible

Equity

Well-capitalized ≥10 and ≥6 and ≥5 –

Adequately 

capitalized ≥8 and ≥4 and ≥4 –

Undercapitalized ≥6 and ≥3 and ≥3 –

Significantly 

undercapitalized <6 or <3 or <3 and >2

Critically 

undercapitalized – – – ≤2

* As a percentage of risk-weighted assets.

Risk Categories and Assessment Rate Schedule – The current risk 

categories became effective January 1, 2007. Capital ratios 

and supervisory ratings distinguish one risk category from 

another. Effective April 1, 2011, risk categories for large institutions (generally those with at least $10 billion in assets) are 

eliminated. The following table shows the relationship of risk 

categories (I, II, III, IV) for small institutions to capital and 

supervisory groups as well as the initial base assessment rates 

(in basis points) for each risk category. Supervisory Group A 

generally includes institutions with CAMELS composite ratings of 1 or 2; Supervisory Group B generally includes institutions with a CAMELS composite rating of 3; and Supervisory 

Group C generally includes institutions with CAMELS composite ratings of 4 or 5. For purposes of risk-based assessment 

capital groups, undercapitalized includes institutions that are 

significantly or critically undercapitalized.

Capital Category

Supervisory Group

A B C

1. Well Capitalized I

5–9 bps II

14 bps

III

23 bps 2. Adequately Capitalized II

14 bps

3. Undercapitalized III

23 bps

IV

35 bps

Effective April 1, 2011, the initial base assessment rates are 5 

to 35 basis points. An institution’s total assessment rate may 

be less than or greater than its initial base assessment rate as a 

result of additional risk adjustments.

Net interest margin – the difference between interest and dividends earned on interest-bearing assets and interest paid to 

depositors and other creditors, expressed as a percentage of 

average earning assets. No adjustments are made for interest 

income that is tax exempt.

Net loans to total assets – loans and lease financing receivables, net of unearned income, allowance and reserves, as a 

percent of total assets on a consolidated basis.

Net operating income – income excluding discretionary transactions such as gains (or losses) on the sale of investment securities and extraordinary items. Income taxes subtracted from 

operating income have been adjusted to exclude the portion 

applicable to securities gains (or losses).

Noncurrent assets – the sum of loans, leases, debt securities, 

and other assets that are 90 days or more past due, or in nonaccrual status.

Noncurrent loans & leases – the sum of loans and leases 90 days 

or more past due, and loans and leases in nonaccrual status.

Number of institutions reporting – the number of institutions 

that actually filed a financial report.

New reporters – insured institutions filing quarterly financial 

reports for the first time.

Other borrowed funds – federal funds purchased, securities sold 

with agreements to repurchase, demand notes issued to the 

U.S. Treasury, FHLB advances, other borrowed money, mortgage indebtedness, obligations under capitalized leases and 

trading liabilities, less revaluation losses on assets held in 

trading accounts.

Other real estate owned – primarily foreclosed property. Direct 

and indirect investments in real estate ventures are excluded. 

The amount is reflected net of valuation allowances. For 

institutions that file a Thrift Financial Report (TFR), the 

valuation allowance subtracted also includes allowances for 

other repossessed assets. Also, for TFR filers the components 

of other real estate owned are reported gross of valuation 

allowances. (TFR filers began filing Call Reports effective 

with the quarter ending March 31, 2012.)

Percent of institutions with earnings gains – the percent of institutions that increased their net income (or decreased their 

losses) compared to the same period a year earlier.

“Problem” institutions – federal regulators assign a composite 

rating to each financial institution, based upon an evaluation 

of financial and operational criteria. The rating is based on a 

scale of 1 to 5 in ascending order of supervisory concern. 

“Problem” institutions are those institutions with financial, 

operational, or managerial weaknesses that threaten their 

continued financial viability. Depending upon the degree of 

risk and supervisory concern, they are rated either a “4” or 

“5.” The number and assets of “problem” institutions are 

based on FDIC composite ratings. Prior to March 31, 2008, 

for institutions whose primary federal regulator was the OTS, 

the OTS composite rating was used.

Recourse – an arrangement in which a bank retains, in form or 

in substance, any credit risk directly or indirectly associated 

with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the 

bank’s claim on the asset. If a bank has no claim on an asset 

it has sold, then the retention of any credit risk is recourse.
FDIC Quarterly 25 2014, Volume 8, No. 1

Quarterly Banking Profile

Beginning in 2007, each institution is assigned a risk-based 

rate for a quarterly assessment period near the end of the 

quarter following the assessment period. Payment is generally 

due on the 30th day of the last month of the quarter following the assessment period. Supervisory rating changes are 

effective for assessment purposes as of the examination transmittal date.

Special Assessment – On May 22, 2009, the FDIC board 

approved a final rule that imposed a 5 basis point special 

assessment as of June 30, 2009. The special assessment was 

levied on each insured depository institution’s assets minus 

its Tier 1 capital as reported in its report of condition as of 

June 30, 2009. The special assessment was collected 

September 30, 2009, at the same time that the risk-based 

assessment for the second quarter of 2009 was collected. 

The special assessment for any institution was capped at 

10 basis points of the institution’s assessment base for the 

second quarter of 2009 risk-based assessment.

Prepaid Deposit Insurance Assessments – In November 2009, 

the FDIC Board of Directors adopted a final rule requiring 

insured depository institutions (except those that are 

exempted) to prepay their quarterly risk-based deposit 

insurance assessments for the fourth quarter of 2009, and 

for all of 2010, 2011, and 2012, on December 30, 2009. 

For regulatory capital purposes, an institution may assign 

a zero-percent risk weight to the amount of its prepaid 

deposit assessment asset. As required by the FDIC’s regulation establishing the prepaid deposit insurance assessment 

program, this program ended with the final application of 

prepaid assessments to the quarterly deposit insurance 

assessments payable March 29, 2013. The FDIC issued 

refunds of any unused prepaid deposit insurance assessments on June 28, 2013.

Risk-weighted assets – assets adjusted for risk-based capital 

definitions which include on-balance-sheet as well as offbalance-sheet items multiplied by risk-weights that range 

from zero to 200 percent. A conversion factor is used to assign 

a balance sheet equivalent amount for selected off-balancesheet accounts.

Securities – excludes securities held in trading accounts. 

Banks’ securities portfolios consist of securities designated as 

“held-to-maturity,” which are reported at amortized cost 

(book value), and securities designated as “available-for-sale,” 

reported at fair (market) value.

Securities gains (losses) – realized gains (losses) on held-tomaturity and available-for-sale securities, before adjustments 

for income taxes. Thrift Financial Report (TFR) filers also 

include gains (losses) on the sales of assets held for sale. 

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

Seller’s interest in institution’s own securitizations – the reporting 

bank’s ownership interest in loans and other assets that have 

been securitized, except an interest that is a form of recourse 

or other seller-provided credit enhancement. Seller’s interests 

differ from the securities issued to investors by the securitization structure. The principal amount of a seller’s interest is 

generally equal to the total principal amount of the pool of 

assets included in the securitization structure less the principal amount of those assets attributable to investors, i.e., in the 

form of securities issued to investors.

The base assessment rates for small institutions in Risk 

Category I are based on a combination of financial ratios and 

CAMELS component ratings (the financial ratios method).

As required by Dodd-Frank, the calculation of risk-based 

assessment rates for large institutions no longer relies on longterm debt issuer ratings. Rates for large institutions are based 

on CAMELS ratings and certain forward-looking financial 

measures combined into two scorecards—one for most large 

institutions and another for the remaining very large institutions that are structurally and operationally complex or that 

pose unique challenges and risks in case of failure (highly 

complex institutions). In general, a highly complex institution is an institution (other than a credit card bank) with 

more than $500 billion in total assets that is controlled by a 

parent or intermediate parent company with more than $500 

billion in total assets or a processing bank or trust company 

with total fiduciary assets of $500 billion or more. The FDIC 

retains its ability to take additional information into account 

to make a limited adjustment to an institution’s total score 

(the large bank adjustment), which will be used to determine 

an institution’s initial base assessment rate.

Effective April 1, 2011, the three possible adjustments to 

an institution’s initial base assessment rate are as follows: 

(1) Unsecured Debt Adjustment: An institution’s rate may 

decrease by up to 5 basis points for unsecured debt. The unsecured debt adjustment cannot exceed the lesser of 5 basis 

points or 50 percent of an institution’s initial base assessment 

rate (IBAR). Thus, for example, an institution with an IBAR 

of 5 basis points would have a maximum unsecured debt 

adjustment of 2.5 basis points and could not have a total base 

assessment rate lower than 2.5 basis points. (2) Depository 

Institution Debt Adjustment: For institutions that hold longterm unsecured debt issued by another insured depository 

institution, a 50 basis point charge is applied to the amount 

of such debt held in excess of 3 percent of an institution’s 

Tier 1 capital. (3) Brokered Deposit Adjustment: Rates for 

small institutions that are not in Risk Category I and for large 

institutions that are not well capitalized or do not have a 

composite CAMELS rating of 1 or 2 may increase (not to 

exceed 10 basis points) if their brokered deposits exceed 10 

percent of domestic deposits. After applying all possible 

adjustments (excluding the Depository Institution Debt 

Adjustment), minimum and maximum total base assessment 

rates for each risk category are as follows:

Total Base Assessment Rates*

Risk 

Category 

I

Risk 

Category 

II

Risk 

Category 

III

Risk 

Category 

IV

Large and 

Highly 

Complex 

Institutions

Initial base 

assessment rate 5–9 14 23 35 5–35

Unsecured debt 

adjustment -4.5–0 -5–0 -5–0 -5–0 -5–0

Brokered deposit 

adjustment — 0–10 0–10 0–10 0–10

Total Base 

Assessment rate 2.5–9 9–24 18–33 30–45 2.5–45

* All amounts for all categories are in basis points annually. Total base rates that are 

not the minimum or maximum rate will vary between these rates. Total base assessment rates do not include the depository institution debt adjustment.
FDIC Quarterly 26 2014, Volume 8, No. 1

Subchapter S corporation – a Subchapter S corporation is treated as a pass-through entity, similar to a partnership, for federal income tax purposes. It is generally not subject to any 

federal income taxes at the corporate level. This can have the 

effect of reducing institutions’ reported taxes and increasing 

their after-tax earnings.

Trust assets – market value, or other reasonably available 

value of fiduciary and related assets, to include marketable 

securities, and other financial and physical assets. Common 

physical assets held in fiduciary accounts include real estate, 

equipment, collectibles, and household goods. Such fiduciary 

assets are not included in the assets of the financial 

institution.

Unearned income & contra accounts – unearned income for Call 

Report filers only.

Unused loan commitments – includes credit card lines, home 

equity lines, commitments to make loans for construction, 

loans secured by commercial real estate, and unused commitments to originate or purchase loans. (Excluded are commitments after June 2003 for originated mortgage loans held for 

sale, which are accounted for as derivatives on the balance 

sheet.)

Yield on earning assets – total interest, dividend, and fee 

income earned on loans and investments as a percentage of 

average earning assets.

Small Business Lending Fund – The Small Business Lending 

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

of the Small Business Jobs Act of 2010 to encourage lending 

to small businesses by providing capital to qualified 

community institutions with assets of less than $10 billion. 

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

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

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

Under the SBLF Program, the Treasury Department 

purchased noncumulative perpetual preferred stock from 

qualifying depository institutions and holding companies 

(other than Subchapter S and mutual institutions). When 

this stock has been issued by a depository institution, it is 

reported as “Perpetual preferred stock and related surplus.” 

For regulatory capital purposes, this noncumulative perpetual 

preferred stock qualifies as a component of Tier 1 capital. 

Qualifying Subchapter S corporations and mutual institutions 

issue unsecured subordinated debentures to the Treasury 

Department through the SBLF. Depository institutions that 

issued these debentures report them as “Subordinated notes 

and debentures.” For regulatory capital purposes, the 

debentures are eligible for inclusion in an institution’s Tier 2 

capital in accordance with their primary federal regulator’s 

capital standards. To participate in the SBLF Program, an 

institution with outstanding securities issued to the Treasury 

Department under the Capital Purchase Program (CPP) was 

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

time of the SBLF funding. Any outstanding warrants that an 

institution issued to the Treasury Department under the CPP 

remain outstanding after the refinancing of the CPP stock 

through the SBLF Program unless the institution chooses to 

repurchase them.