Quarterly Banking Profile
 

FIRST QUARTER 2005 

• Lower Expenses Lift Industry Profits To New Record 

• Narrower Net Interest Margins Contribute To Decline In Net Interest Income 

• Asset Quality Indicators Continue To Move In A Positive Direction 

• Growth In Mortgage Assets Remains Strong 

• Capital Levels Stay Near Historic Highs 

Chart 1 Chart 2 

22.7 22.5 20.9 21.9 

25.3 27.2 27.3 

25.3 

29.5 30.2 30.4 31.0 31.8 31.2 32.4 31.7 

34.3 

1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 0 

10 

20 

30 

2001 2002 2003 2004 2005 

$ Billion 

Securities and Other Gains/Losses, Net 

Net Operating Income 

Higher Net Operating Income Lifts Profits 

to New Record 

Industry’s Margin Dips to 15-Year Low 

$ Million 

4.17 

4.33 

4.07 4.14 

3.67 

4.06 

3.53 

1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 3.0 

3.5 

4.0 

4.5 

5.0 

Assets >$100 Million 

Assets <$100 Million 

Expense Reductions Outweigh Weakness in Revenues 

A combination of reduced expenses for bad loans and the 

absence of significant merger-related expenses helped the 

net income of insured commercial banks and savings institutions climb to a record $34.3 billion in the first quarter. 

Compared to the fourth quarter of 2004, when the industry 

earned $31.6 billion, noninterest expenses and provisions 

for loan losses were $5.1 billion (5.8 percent) lower. The 

decline in costs more than made up for the lack of significant revenue growth in the quarter. Noninterest income 

was only $36 million (0.1 percent) higher than in the 

fourth quarter, while net interest income declined by $435 

million (0.6 percent). Gains on sales of securities and other 

assets, which accounted for 4.2 percent of the industry’s 

pretax earnings last year, contributed only $802 million, or 

1.6 percent of pretax earnings, in the first quarter. The 

average return on assets (ROA) in the first quarter was 

1.35 percent, slightly below the 1.38 percent average in the 

first quarter of 2004. Almost two out of every three banks 

and thrifts (60.9 percent) reported higher net income than 

in the first quarter of 2004. More than half (53.0 percent) 

reported ROAs of 1 percent or higher, and a similar proportion (52.5 percent) reported improved ROAs compared 

to a year earlier. 

Expenses for Bad Loans Continue to Decline 

Noninterest expenses totaled $77.6 billion in the first quarter, a decline of $3.5 billion (4.3 percent) from the fourth 

quarter. Some of this decline represented seasonal factors; 

noninterest expenses tend to reach a peak in the last quarter of each year, and declines in the first quarter are common. But this was the largest such decline in six years, 

with one banking company accounting for more than a 

quarter (29.1 percent) of the drop. Loan-loss provisions 

also tend to reach a seasonal peak in the fourth quarter of 

each year, then fall in the next quarter, but the decline in 

provisions in the first quarter represented the continuation 

of an improving trend that has been underway for two and 

a half years. Banks and thrifts set aside $6.2 billion in provisions for loan losses during the first quarter, the lowest 

quarterly total since the third quarter of 1999. The industry’s provisions were $1.6 billion (20.9 percent) less than in 

the fourth quarter of 2004, and were $1.4 billion (18.3 percent) below the level of the first quarter of 2004. 

2001 2002 2003 2004 2005 

FEDERAL DEPOSIT INSURANCE CORPORATION ALL FDIC-INSURED INSTITUTIONS 
FDIC Quarterly Banking Profile 

Net Operating Revenue Falls from Fourth-Quarter 

Level 

In contrast to the improvement in expenses, the industry’s revenues were stagnant in the first quarter. Net 

operating revenue, the sum of net interest income and 

noninterest income, actually declined during the quarter (by $400 million, or 0.3 percent). The lack of 

growth in noninterest income was caused by lower 

gains on loan sales (down $718 million, or 30.2 percent), reduced income from securitization activities 

(down $647 million, or 10.3 percent), a (partly) seasonal decline in service charge income on deposit 

accounts (down $571 million, or 6.6 percent), and a 

decline in fee income from investment banking activities (down $362 million, or 12.7 percent). These areas 

of weakness offset a rebound in trading revenue at large 

banks, which improved by $2 billion (86.5 percent) 

over the level of the fourth quarter of 2004. 

Margins Fall as Interest Rates Rise 

In an environment of rising interest rates, funding costs 

rose more rapidly than asset yields during the quarter, 

causing net interest margins to decline. The average 

margin fell by nine basis points, from 3.63 percent to 

3.54 percent. The industry’s net interest margin in the 

first quarter was the lowest registered in almost 15 

years. Only one-third of the 8,930 institutions reporting first-quarter results managed to improve their margins. In each of the previous two quarters, banks and 

thrifts with assets less than $1 billion had seen their 

funding costs increase, but their asset yields had risen 

sufficiently to grow their net interest margins. In the 

first quarter, however, their asset yields fell slightly, 

while their funding costs continued to grow, and as a 

result their margins declined. 

Chart 3 

Health of Loan Portfolios Shows Continued 

Improvement 

Troubled loans continue to fall from record-low levels, 

with few signs of asset-quality problems evident. Net 

loan losses totaled $7.2 billion in the first quarter, the 

lowest quarterly total since the third quarter of 2000, as 

the industry’s net charge-off rate fell to its lowest level 

in six years. First-quarter loan losses were $2.0 billion 

(21.4 percent) lower than in the fourth quarter, and 

were $1.6 billion (18.1 percent) below the level of the 

first quarter of 2004. Net charge-off rates were lower 

than a year earlier in all major loan categories. The 

greatest improvements were in commercial and industrial (C&I) loans, where net charge-offs declined by 

$911 million (57 percent), and in credit card loans, 

where charge-offs were $249 million (5.4 percent) 

lower. 

The amount of bank and thrift loans that were noncurrent — 90 days or more past due or in nonaccrual status — declined for the tenth consecutive quarter, 

falling by $2.6 billion (5.3 percent) during the first 

three months of 2005. The percentage of loans and 

leases that were noncurrent, which reached a historic 

low level at the end of 2004, fell further, from 0.80 percent to 0.75 percent at the end of March. This is the 

lowest level recorded in the 22 years that insured banks 

and thrifts have reported noncurrent loan amounts. 

The improvement in noncurrent levels was led by credit card loans, where noncurrent loans fell by $1.4 billion (18.2 percent), and by C&I loans, where 

noncurrents declined by $794 million (7.1 percent). 

As with net charge-offs, the improving trend in noncurrent loans occurred across all major loan categories. 

Chart 4 

55 

60 

65 

70 

Efficiency Ratio (Percent) 

53.41 

57.73 

55.37 

65.66 

62.66 

67.78 

64.43 

3/02 6/02 9/02 12/02 3/03 6/03 9/03 12/03 3/04 6/04 9/04 12/04 3/05 

50 

Assets >$1 Billion 

Assets <$1 Billion 

$3.8 

-$1.8 

$3.5 

-$1.4 

$4.8 

0.0 

$ Billion 

Increase in 

Net Interest 

Income 

Decline in 

Loan Loss 

Provision 

Increase in 

Noninterest 

Income 

Decline in 

Gains on 

Securities 

Sales 

Increase in 

Noninterest 

Expenses 

Positive Factors 

Negative Factors 

Revenues Were Higher than aYear Earlier Lower Expenses at Large Banks Mean 

Wider Efficiency Gap 

FIRST QUARTER 2005 2 ALL FDIC-INSURED INSTITUTIONS 
 

 

FDIC Quarterly Banking Profile 

Large Banks Continue to Convert Reserves Into 

Income 

The favorable trend in troubled loans was accompanied 

by a reduction in reserves for loan losses at many large 

banks. Reserves declined at 54 of the 113 insured 

banks and thrifts with more than $10 billion in assets 

during the first quarter. The industry’s loan-loss provisions in the first quarter totaled $6.2 billion, which was 

$996 million less than the amount of loans and leases 

charged-off. This gap contributed to a $2.3-billion 

(2.8-percent) decline in total reserves during the quarter. The ratio of loss reserves to total loans and leases 

fell from 1.34 percent to 1.29 percent, the lowest level 

for the reserve ratio since the first quarter of 1986. As 

has been the case for the past 11 quarters, the decline 

in the industry’s reserve ratio has been accompanied by 

an improvement in its “coverage ratio” of reserves to 

noncurrent loans, thanks to the decline in noncurrent 

loans. At the end of March, banks and thrifts had 

$1.72 in reserves for every $1.00 of noncurrent loans, 

up from $1.68 at the beginning of the year. This is the 

highest level for the coverage ratio since the middle of 

1999. 

Capital Measures Remain Very Strong 

Equity capital increased by $13.2 billion (1.3 percent) 

during the quarter, the smallest quarterly increase in 

the past six quarters. Equity growth was limited by a 

$12.2-billion decline in other comprehensive income 

stemming from declines in the market values of institutions’ securities portfolios. Under Generally Accepted 

Accounting Principles (GAAP), changes in the values 

of securities that are held for sale must be reflected in 

an institution’s equity capital. These adjustments, combined with the growth in industry assets, meant that 

the industry’s equity-to-assets ratio declined slightly 

during the quarter, to 10.24 percent from the 66-year 

high of 10.29 percent reached at the end of 2004. In 

Chart 5 

contrast, the industry’s regulatory capital ratios, which 

are not adjusted for other comprehensive income, all 

increased during the quarter. The core capital (leverage) ratio increased from 8.12 percent to 8.17 percent, 

the highest level ever recorded by the industry, while 

the tier one risk-based capital ratio and the total riskbased capital ratio rose to their second-highest and 

third-highest levels ever, respectively. Retained earnings added $18.6 billion to capital in the first quarter, 

an increase of $1.6 billion (9.5 percent) over the level 

of the first quarter of 2004. 

Mortgage Activity Still Underpins Asset Growth 

The pace of industry asset growth was somewhat slower 

than in the previous four quarters. Total assets 

increased by $177.3 billion (1.8 percent), compared to 

average growth of $257 billion in the four quarters of 

2004. Mortgage-related assets continue to be the primary engine of asset growth. During the first quarter, 

residential mortgage loans, home equity loans, and 

mortgage-backed securities together increased by $99.0 

billion (2.9 percent), accounting for 55.9 percent of 

total asset growth. Strong growth was also exhibited by 

real estate construction and development loans, which 

grew by $22.1 billion (6.6 percent), and by commercial 

real estate loans, which rose by $15.0 billion (2.0 percent). C&I loans increased for a fourth consecutive 

quarter, growing by $33.1 billion (3.4 percent), but 

approximately $10 billion of this increase reflected 

reclassifications of loans that had previously been 

reported in other categories, rather than growth in 

lending. 

Interest-Bearing Deposits Post Strong Growth 

Total deposits increased by $124.5 billion (1.9 percent) 

in the first quarter, as foreign office deposits grew by 

$15.7 billion (1.8 percent) and deposits in domestic 

offices rose by $108.8 billion (1.9 percent). InterestChart 6 

0 

2 

4 

6 

8 

Net Credit Card Charge-Off Rate Percent 

50 

150 

250 

350 

450 

Number of Bankruptcy Filings in Thousands 

Personal Bankruptcy Filings 

Credit Card Charge-Off Rates 

1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 

Bankruptcies, Credit Card Losses Show 

Improving Trend 

0.17 

0.73 

0.13 0.14 

2.30 

2.07 

3.70 

2.55 

0.06 

0.23 

0.05 

0.52 

2.37 

0.28 

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

0 

1 

2 

3 

Quarterly Net Charge-Off Rate (Percent) 

C&I Loans 

Real Estate Loans 

Loans to Individuals 

All Other Loans and Leases 

2000 2001 2002 2003 2004 2005 

Asset-Quality Improvement Is Evident Across 

Loan Categories 

ALL FDIC-INSURED INSTITUTIONS 3 FIRST QUARTER 2005 
FDIC Quarterly Banking Profile 

bearing deposits in domestic offices increased by $90.0 

billion (1.9 percent), and noninterest-bearing domestic 

deposits rose by $18.8 billion (1.7 percent). Nondeposit liabilities increased by $39.5 billion (1.6 percent), 

with overnight borrowings rising by $27.8 billion (2.3 

percent) and borrowings from Federal Home Loan 

Banks increasing by $3.9 billion (0.7 percent). 

New Table Provides Details on Derivatives 

Beginning with this issue of the Quarterly Banking Profile, a new table has been added, Table VI-A, that summarizes data on derivatives reported by insured 

commercial banks and state-chartered savings banks 

that file Call Reports. The new table summarizes quarterly derivatives positions, fair values, trading revenues 

and risk exposures by size of institution and purpose of 

derivative contract. Notional amounts of derivatives 

are arrayed by type of underlying risk exposure, transaction type, and by maturity. 

The total notional amount of derivatives increased by 

$3.6 trillion (4.0 percent) to $91.9 trillion during the 

first quarter. Most of the increase occurred in interest 

rate contracts, which grew by $2.5 trillion, accounting 

for 69.1 percent of the increase in total derivatives contracts. Credit derivatives increased by $778 billion 

(33.1 percent), or 21.9 percent of the increase in total 

derivatives. Derivatives held for purposes other than 

trading declined by $105 billion (4.0 percent), so virtually all of the increase in derivatives was attributable to 

either growth in the trading book or in credit derivatives. Interest rate contracts continue to be the largest 

category of derivatives; at the end of March, they 

totaled $78.0 trillion, or 84.9 percent of all derivatives 

contracts at insured banks. Foreign exchange contracts 

are the second-largest category. At the end of the first 

quarter they totaled $9.3 trillion, or 10.1 percent of all 

derivatives. Credit derivatives are the third-largest catChart 7 

egory, totaling $3.1 trillion at the end of March, but 

they have been the fastest-growing type of contract in 

recent quarters. During the 12 months ending March 

31, credit derivatives increased by $1.9 trillion (159.8 

percent). Just as interest rates represent the dominant 

underlying risk exposure in banks’ derivatives portfolios, swaps are the primary transaction type, representing 63.5 percent ($58.3 trillion) of all derivative 

contracts. During the quarter, the fair value of derivatives contracts increased by $6.0 billion (22.7 percent). 

Banks’ total derivatives exposure (credit equivalent 

amount) fell relative to their tier one capital, as their 

current exposure declined and their potential future 

exposure rose. This trend reflects a shift to longerdated derivatives (contracts maturing in over one year). 

The number of institutions holding derivatives has 

been increasing, with 779 banks reporting derivatives 

at the end of the first quarter, up by 12.9 percent compared to a year earlier. 

For Third Consecutive Quarter, No Institutions Fail 

The number of insured banks and thrifts reporting 

financial results declined from 8,975 to 8,930 between 

the end of 2004 and March 31. There were 33 new 

reporters added during the first quarter, while 77 institutions were absorbed through mergers. No insured 

institutions failed during the quarter, marking the third 

consecutive quarter with no failures. This is the 

longest interval without a failure of an insured bank or 

thrift since the fifteen-month span from August 1996 

through November 1997 in which no FDIC-insured 

institutions failed. The number of institutions on the 

FDIC’s “Problem List” declined from 80 to 79 during 

the quarter, and assets of “problem” institutions fell 

slightly, from $28.3 billion to $28.1 billion. Three 

insured savings institutions, with combined assets of 

$650.9 billion, converted from mutual ownership to 

stock ownership in the first quarter. 

Chart 8 

67% 

22% 

9% 10% 8% 

160% 

18% 

7% 

24% 

34% 

Credit Interest Rate Foreign Exchange Equity Commodity 

Derivative Growth Rates (Notional) 

Quarter Ending March 31, 2005 (Percent) 

One Year Growth Rate 

Five Year Average Annual Growth Rate 

Credit Contracts Are the Fastest Growing 

Derivatives Instrument 

15 11 2 9

-4

25

8 13

18 13

22

17

77 32 23

19

28

4 7 13 11 15 24 17 16 20 19 20 31 30 39 44 31 17

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

0 

20 

40 

60 

80 

100 

$ Billion 

Unused Commitments 

Loans Outstanding 

2001 2002 2003 2004 2005 

Home Equity Credit Growth Shows 

Signs of Slowing 

FIRST QUARTER 2005 4 ALL FDIC-INSURED INSTITUTIONS 
FDIC Quarterly Banking Profile 

TABLE I-A. Selected Indicators, All FDIC-Insured Institutions* 

2005** 2004** 2004 2003 2002 2001 2000 

Return on assets (%) ............................................................... 1.35 1.38 1.29 1.38 1.30 1.14 1.14 

Return on equity (%) ................................................................ 13.13 14.85 13.27 15.04 14.12 12.96 13.53 

Core capital (leverage) ratio (%) .............................................. 8.17 8.16 8.12 7.88 7.86 7.78 7.71 

Noncurrent assets plus 

other real estate owned to assets (%) ................................... 0.50 0.67 0.53 0.75 0.90 0.87 0.71 

Net charge-offs to loans (%) .................................................... 0.47 0.64 0.56 0.78 0.97 0.83 0.59 

Asset growth rate (%) ............................................................... 9.65 8.96 11.34 7.58 7.20 5.44 8.41 

Net interest margin (%) ............................................................ 3.54 3.68 3.53 3.73 3.96 3.78 3.77 

Net operating income growth (%) ............................................ 12.91 10.49 4.36 15.97 18.45 -0.97 1.71 

Number of institutions reporting ............................................... 8,930 9,116 8,975 9,181 9,354 9,614 9,904 

Commercial banks ................................................................ 7,598 7,714 7,630 7,770 7,888 8,080 8,315 

Savings Institutions ............................................................... 1,332 1,402 1,345 1,411 1,466 1,534 1,589 

Percentage of unprofitable institutions (%) .............................. 5.31 5.62 5.88 5.97 6.67 8.24 7.53 

Number of problem institutions ................................................ 79 114 80 116 136 114 94 

Assets of problem institutions (in billions) ................................ $28 $30 $28 $30 $39 $40 $24 

Number of failed/assisted institutions ...................................... 0 3 4 3 11 4 7 

* Excludes insured branches of foreign banks (IBAs)
 

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

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

(dollar figures in millions) 

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

1st Quarter 

2005 

4th Quarter 

2004 

1st Quarter 

2004 

%Change 

04:1-05:1 

8,930 8,975 9,116 -2.0 

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

CONDITION DATA 

2,104,195 2,096,557 2,116,955 -0.6 

Total assets .................................................................................................................... $10,282,122 $10,104,848 $9,377,084 9.7 

Loans secured by real estate ...................................................................................... 3,787,597 3,683,214 3,274,920 15.7 

1-4 Family residential mortgages ............................................................................. 1,886,759 1,836,789 1,673,743 12.7 

Commercial real estate ............................................................................................. 766,916 751,936 699,955 9.6 

Construction and development ................................................................................. 359,075 336,926 285,453 25.8 

Home equity lines ..................................................................................................... 508,038 490,676 376,494 34.9 

Commercial & industrial loans ..................................................................................... 1,000,831 967,768 909,602 10.0 

Loans to individuals ..................................................................................................... 907,786 930,284 831,488 9.2 

Credit cards .............................................................................................................. 364,061 399,242 313,514 16.1 

Farm loans ................................................................................................................... 45,445 48,833 44,112 3.0 

Other loans & leases ................................................................................................... 462,287 492,340 491,301 -5.9 

Less: Unearned income ............................................................................................... 3,076 3,355 2,910 5.7 

Total loans & leases .................................................................................................... 6,200,871 6,119,086 5,548,514 11.8 

Less: Reserve for losses ............................................................................................. 79,734 82,067 84,278 -5.4 

Net loans and leases ................................................................................................... 6,121,137 6,037,019 5,464,235 12.0 

Securities ..................................................................................................................... 1,888,460 1,859,968 1,907,841 -1.0 

Other real estate owned .............................................................................................. 4,246 4,286 5,265 -19. 4 

Goodwill and other intangibles .................................................................................... 321,911 315,444 188,936 70.4 

All other assets ............................................................................................................ 1,946,369 1,888,131 1,810,807 7.5 

Total liabilities and capital ............................................................................................... 10,282,122 10,104,848 9,377,084 9.7 

Deposits ....................................................................................................................... 6,708,726 6,584,200 6,127,510 9.5 

Domestic office deposits ........................................................................................... 5,827,106 5,718,308 5,347,688 9.0 

Foreign office deposits ............................................................................................. 881,620 865,892 779,822 13.1 

Other borrowed funds .................................................................................................. 1,957,368 1,904,909 1,812,602 8.0 

Subordinated debt ....................................................................................................... 122,483 118,540 107,196 14.3 

All other liabilities ......................................................................................................... 440,984 457,853 443,853 -0.6 

Equity capital ............................................................................................................... 1,052,560 1,039,346 885,923 18.8 

Loans and leases 30-89 days past due .......................................................................... 49,477 50,893 47,417 4.3 

Noncurrent loans and leases .......................................................................................... 46,245 48,810 55,751 -17.0 

Restructured loans and leases ....................................................................................... 2,557 2,530 2,527 1.2 

Direct and indirect investments in real estate ................................................................. 872 848 1,925 -54.7 

Mortgage-backed securities ............................................................................................ 1,142,375 1,110,683 1,103,083 3.6 

Earning assets ................................................................................................................ 8,967,129 8,804,482 8,208,750 9.2 

FHLB Advances .............................................................................................................. 545,764 541,846 496,908 9.8 

Unused loan commitments ............................................................................................. 6,484,336 6,507,784 6,112,072 6.1 

Trust assets .................................................................................................................... 15,057,138 14,784,359 13,631,201 10.5 

Assets securitized and sold*** ........................................................................................ 916,206 928,091 863,506 6.1 

Notional amount of derivatives*** ................................................................................... 91,861,058 88,305,449 77,244,262 18.9 

INCOME DATA 

1st Q u r a ter 

2004 

%Change 

04:1-05:1 

Full Year 

2004 

Full Year 

2003 %Change 

1st Q uarter 

2005 

Total interest income ...................................................................................... $418,728 $404,557 3.5 $120,166 $103,067 16.6 

Total interest expense .................................................................................... 123,977 122,631 1.1 41,602 29,279 42.1 

Net interest income ..................................................................................... 294,751 281,926 4.6 78,564 73,788 6.5 

Provision for loan and lease losses ................................................................ 29,069 37,350 -22.2 6,190 7,579 -18.3 

Total noninterest income ................................................................................ 202,951 202,690 0.1 55,416 51,946 6.7 

Total noninterest expense .............................................................................. 295,579 279,676 5.7 77,606 73,758 5.2 

Securities gains (losses) ................................................................................. 7,606 11,380 -33.2 802 2,600 -69.2 

Applicable income taxes ................................................................................. 58,082 58,884 -1.4 16,700 15,346 8.8 

Extraordinary gains, net .................................................................................. 294 425 -30.9 6 186 -96.9 

Net income .................................................................................................. 122,871 120,512 2.0 34,292 331,836 7.7 

From international operations ..................................................................... 8,561 7,328 16.8 2,401 2,717 -11.7 

Net charge-offs ............................................................................................... 32,065 40,806 -21.4 7,186 8,775 -18.1 

Cash dividends ............................................................................................... 64,884 90,723 -28.5 15,675 14,831 5.7 

Retained earnings ........................................................................................... 57,987 29,788 94.7 18,617 17,005 9.5 

Net operating income .................................................................................. 117,236 112,341 4.4 33,714 29,859 12.9 

*** Call Report filers only. 

ALL FDIC-INSURED INSTITUTIONS 5 FIRST QUARTER 2005 
FDIC Quarterly Banking Profile 

TABLE III-A. First Quarter 2005, All FDIC-Insured Institutions 

FIRST QUARTER 

(The way it is...) 

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

All Insured 

Institutions 

Asset Concentration Groups* 

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 

8,930 28 5 1,697 4,490 972 135 457 1,078 68 

Commercial banks .............................................. 7,598 25 5 1,692 4,073 250 100 409 988 56 

Savings institutions ............................................. 1,332 3 0 5 417 722 35 48 90 12 

Total assets (in billions) ......................................... $10,282.1 $363.7 $1,875.5 $134.7 $3,463.2 $1,582.8 $111.2 $54.0 $136.0 $2,561.1 

Commercial banks .............................................. 8,589.3 354.6 1,875.5 134.1 3,086.5 396.3 58.2 43.4 118.8 2,521.8 

Savings institutions ............................................. 1,692.8 9.2 0.0 0.6 376.7 1,186.4 53.0 10.6 17.1 39.2 

Total deposits (in billions) ...................................... 6,708.7 111.9 1,146.9 110.2 2,511.0 924.6 62.2 41.0 111.0 1,689.8 

Commercial banks .............................................. 5,704.8 110.5 1,146.9 109.8 2,264.7 242.5 29.7 33.1 97.8 1,669.7 

Savings institutions ............................................. 1,004.0 1.4 0.0 0.4 246.3 682.1 32.5 7.9 13.3 20.1 

Net income (in millions) ......................................... 34,292 2,981 4,335 431 11,342 4,676 409 200 400 9,518 

Commercial banks .............................................. 29,504 2,933 4,335 430 10,383 1,326 166 155 363 9,412 

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

Performance Ratios (annualized,%) 

4,788 48 0 1 959 3,349 242 45 37 106 

Yield on earning assets ......................................... 5.42 10.76 4.78 5.77 5.63 5.02 7.23 4.51 5.49 4.99 

Cost of funding earning assets .............................. 1.88 2.60 2.14 1.72 1.73 2.05 2.48 1.46 1.63 1.68 

Net interest margin ............................................. 3.54 8.16 2.64 4.04 3.90 2.96 4.75 3.05 3.86 3.31 

Noninterest income to assets ................................ 2.18 10.11 2.93 0.67 1.46 1.14 2.66 6.51 1.35 2.08 

Noninterest expense to assets .............................. 3.05 9.11 3.32 2.71 2.86 2.09 3.30 6.99 3.33 2.72 

Loan and lease loss provision to assets ................ 0.24 2.97 0.23 0.13 0.18 0.07 1.29 0.06 0.11 0.02 

Net operating income to assets ............................. 1.32 3.04 1.03 1.27 1.32 1.10 1.50 1.43 1.16 1.43 

Pretax return on assets .......................................... 2.00 5.05 1.37 1.57 1.93 1.84 2.34 2.25 1.50 2.25 

Return on assets .................................................... 1.35 3.23 0.92 1.28 1.33 1.20 1.51 1.49 1.18 1.51 

Return on equity .................................................... 13.13 15.22 11.38 11.83 13.48 11.02 13.49 8.87 10.79 14.81 

Net charge-offs to loans and leases ...................... 0.47 4.39 0.76 0.12 0.22 0.10 1.50 0.22 0.22 0.18 

Loan and lease loss provision to net charge-offs .. 86.14 89.37 70.95 173.79 118.05 93.52 109.40 105.00 88.58 21.07 

Efficiency ratio ....................................................... 56.54 50.99 63.60 61.24 56.59 53.48 47.23 74.77 67.63 54.29 

% of unprofitable institutions .................................. 5.31 3.57 0.00 2.12 5.63 6.38 4.44 15.54 3.99 2.94 

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

Condition Ratios (%) 

60.91 67.86 20.00 56.57 68.60 54.32 42.96 42.89 51.86 55.88 

Earning assets to total assets ................................ 

Loss allowance to: 

87.21 82.38 82.14 92.40 90.05 91.50 88.56 88.77 91.88 84.51 

Loans and leases ................................................ 1.29 4.34 1.67 1.47 1.28 0.50 1.67 1.61 1.34 1.07 

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

Noncurrent assets plus 

172.42 258.66 136.78 151.81 211.34 97.93 260.88 171.05 166.44 150.00 

other real estate owned to assets ....................... 0.50 1.26 0.54 0.71 0.49 0.41 0.52 0.30 0.56 0.42 

Equity capital ratio ................................................. 10.24 21.96 8.17 10.79 9.86 10.84 11.09 16.58 10.82 10.00 

Core capital (leverage) ratio .................................. 8.17 16.87 6.12 10.48 8.36 9.06 10.03 15.11 10.58 7.16 

Tier 1 risk-based capital ratio ................................. 10.89 16.05 8.53 14.94 10.15 15.46 12.61 34.55 17.65 9.51 

Total risk-based capital ratio .................................. 13.34 18.67 12.15 16.06 12.22 16.91 14.11 35.71 18.90 12.33 

Net loans and leases to deposits ........................... 91.24 232.48 67.59 76.50 94.26 119.38 137.28 33.28 67.40 80.31 

Net loans to total assets ........................................ 59.53 71.54 41.33 62.63 68.34 69.74 76.75 25.28 55.03 52.99 

Domestic deposits to total assets .......................... 

Structural Changes 

56.67 27.55 30.03 81.86 70.31 58.10 55.07 73.53 81.65 58.06 

New Charters ...................................................... 33 0 0 1 6 2 0 23 1 0 

Institutions absorbed by mergers ........................ 77 2 0 7 52 4 0 4 5 3 

Failed Institutions ................................................ 

PRIOR FIRST QUARTERS 

(The way it was...) 

0 0 0 0 0 0 0 0 0 0 

Number of institutions .................................. 2004 9,116 34 6 1,730 4,277 1,026 140 519 1,297 87

 ................................ 2002 9,521 48 6 1,852 4,031 1,201 214 463 1,611 95

 ................................ 2000 10,152 57 7 2,046 3,838 1,332 303 575 1,912 82 

Total assets (in billions) ............................... 2004 $9,377.1 $332.3 $1,492.7 $127.7 $2,898.4 $1,396.0 $506.3 $58.8 $168.1 $2,396.7

 ................................ 2002 7,823.5 299.3 1,210.8 118.5 3,579.5 1,191.1 151.4 49.5 198.3 1,025.1

 ................................ 2000 7,004.6 254.1 1,109.6 116.0 3,606.2 999.0 99.3 56.4 224.0 540.0 

Return on assets (%) ................................... 2004 1.38 3.93 1.12 1.27 1.33 1.17 1.52 1.38 1.10 1.36

 ................................ 2002 1.29 3.22 0.82 1.25 1.34 1.31 1.44 -2.16 1.15 1.26

 ................................ 2000 1.29 2.89 1.31 1.28 1.28 1.14 1.41 1.87 1.16 0.85 

Net charge-offs to loans & leases (%) ......... 2004 0.64 5.22 1.30 0.12 0.31 0.12 0.71 0.70 0.24 0.34

 ................................ 2002 0.98 7.09 1.49 0.20 0.62 0.16 1.10 0.67 0.24 0.84

 ................................ 2000 

Noncurrent assets plus 

0.50 3.99 0.49 0.13 0.37 0.12 0.34 0.36 0.16 0.47 

OREO to assets (%) ............................... 2004 0.67 1.45 0.85 0.85 0.65 0.57 0.91 0.36 0.68 0.46

 ................................ 2002 0.92 1.73 1.14 0.91 0.92 0.68 1.24 0.34 0.67 0.70

 ................................ 2000 0.63 1.46 0.64 0.78 0.64 0.47 0.99 0.30 0.55 0.46 

Equity capital ratio (%) ................................. 2004 9.45 17.58 7.41 10.81 9.51 9.07 8.90 16.60 10.77 9.50

 ................................ 2002 9.22 14.83 7.57 10.56 9.62 8.83 8.41 16.30 10.25 8.02

 ................................ 2000 8.37 13.20 6.64 10.22 8.48 7.94 7.76 14.63 9.91 8.17 

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

FIRST QUARTER 2005 6 ALL FDIC-INSURED INSTITUTIONS 
FDIC Quarterly Banking Profile 

TABLE III-A. First Quarter 2005, All FDIC-Insured Institutions 

FIRST QUARTER 

(The way it is...) 

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

All 

Insured 

Institutions 

Asset Size Distribution Geographic Regions* 

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 

8,930 4,053 4,284 480 113 1,118 1,220 1,932 2,089 1,824 747 

Commercial banks .............................................. 7,598 3,617 3,536 361 84 589 1,074 1,588 1,983 1,697 667 

Savings institutions ............................................. 1,332 436 748 119 29 529 146 344 106 127 80 

Total assets (in billions) ......................................... $10,282.1 $210.1 $1,207.3 $1,324.4 $7,540.3 $2,839.9 $2,274.0 $2,423.0 $762.9 $618.5 $1,363.9 

Commercial banks .............................................. 8,589.3 187.6 962.7 974.4 6,464.6 2,273.0 2,119.6 2,279.0 719.2 530.6 667.9 

Savings institutions ............................................. 1,692.8 22.5 244.6 350.1 1,075.7 566.9 154.4 144.1 43.7 87.9 695.9 

Total deposits (in billions) ...................................... 6,708.7 174.6 966.9 905.5 4,661.7 1,860.7 1,534.1 1,518.0 541.6 459.6 794.7 

Commercial banks .............................................. 5,704.8 157.3 783.2 678.1 4,086.2 1,493.7 1,431.7 1,415.2 513.4 410.5 440.2 

Savings institutions ............................................. 1,004.0 17.3 183.8 227.4 575.5 366.9 102.4 102.8 28.3 49.1 354.4 

Net income (in millions) ......................................... 34,292 547 3,612 4,400 25,733 9,317 8,211 6,083 3,208 1,949 5,524 

Commercial banks .............................................. 29,504 486 3,102 3,415 22,501 7,760 7,747 5,814 3,184 1,649 3,349 

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

Performance Ratios (annualized, %) 

4,788 61 510 985 3,232 1,556 463 269 24 300 2,176 

Yield on earning assets ......................................... 5.42 5.76 5.80 5.51 5.32 5.46 5.24 4.96 6.05 5.64 5.93 

Cost of funding earning assets .............................. 1.88 1.62 1.77 1.80 1.92 1.98 1.83 1.99 1.61 1.69 1.79 

Net interest margin ............................................. 3.54 4.14 4.03 3.71 3.41 3.48 3.41 2.98 4.44 3.95 4.14 

Noninterest income to assets ................................ 2.18 1.27 1.20 1.69 2.44 2.53 1.84 2.08 3.07 1.51 1.94 

Noninterest expense to assets .............................. 3.05 3.61 3.13 3.07 3.02 3.31 2.69 2.90 4.10 3.12 2.73 

Loan and lease loss provision to assets ................ 0.24 0.16 0.17 0.20 0.26 0.30 0.10 0.12 0.41 0.17 0.53 

Net operating income to assets ............................. 1.32 1.03 1.18 1.23 1.37 1.28 1.39 1.09 1.68 1.27 1.56 

Pretax return on assets .......................................... 2.00 1.35 1.65 1.98 2.08 1.96 2.17 1.49 2.47 1.74 2.59 

Return on assets .................................................... 1.35 1.05 1.21 1.34 1.38 1.31 1.48 1.01 1.68 1.28 1.64 

Return on equity .................................................... 13.13 8.79 11.97 12.55 13.57 11.76 17.16 10.95 15.84 11.85 13.22 

Net charge-offs to loans and leases ...................... 0.47 0.12 0.15 0.27 0.58 0.72 0.22 0.32 0.58 0.20 0.63 

Loan and lease loss provision to net charge-offs .. 86.14 218.19 170.36 115.96 78.69 76.04 76.66 65.58 95.35 137.05 110.86 

Efficiency ratio ....................................................... 56.54 70.54 63.32 59.10 54.75 58.12 54.80 61.20 57.23 61.26 46.66 

% of unprofitable institutions .................................. 5.31 9.67 1.63 2.29 0.88 6.17 7.70 4.50 3.26 4.77 9.24 

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

Condition Ratios (%) 

60.91 55.09 64.96 70.83 73.45 59.93 70.74 56.63 56.97 59.48 71.89 

Earning assets to total assets ................................ 

Loss Allowance to: 

87.21 92.17 92.04 91.19 85.60 86.05 87.53 85.58 87.90 88.85 90.87 

Loans and leases ................................................ 1.29 1.38 1.23 1.27 1.30 1.53 1.07 1.28 1.41 1.22 1.16 

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

Noncurrent assets plus 

172.42 144.11 187.70 198.54 166.85 169.17 224.00 157.85 145.09 162.45 180.86 

other real estate owned to assets ....................... 0.50 0.74 0.54 0.48 0.49 0.52 0.32 0.51 0.78 0.59 0.52 

Equity capital ratio ................................................. 10.24 11.85 10.05 10.74 10.13 11.19 8.52 9.24 10.55 10.79 12.46 

Core capital (leverage) ratio .................................. 8.17 11.78 9.68 9.35 7.61 8.15 7.26 7.27 8.54 8.62 10.89 

Tier 1 risk-based capital ratio ................................. 10.89 17.87 13.56 12.89 9.97 11.48 9.44 9.21 10.59 12.22 15.04 

Total risk-based capital ratio .................................. 13.34 18.98 14.73 14.26 12.82 14.24 11.71 12.11 12.91 13.59 16.85 

Net loans and leases to deposits ........................... 91.24 73.42 82.86 94.06 93.10 82.59 85.39 87.82 101.86 82.15 127.36 

Net loans to total assets ........................................ 59.53 61.03 66.37 64.31 57.56 54.11 57.60 55.02 72.32 61.05 74.21 

Domestic deposits to total assets .......................... 

Structural Changes 

56.67 83.12 79.94 67.62 50.29 48.52 61.15 53.41 68.39 73.86 57.62 

New Charters ...................................................... 33 32 1 0 0 3 10 4 2 6 8 

Institutions absorbed by mergers ........................ 77 29 33 11 4 15 8 18 9 16 11 

Failed Institutions ................................................ 

PRIOR FIRST QUARTERS 

(The way it was...) 

0 0 0 0 0 0 0 0 0 0 0 

Number of institutions ................................. 2004 9,116 4,300 4,238 465 113 1,162 1,231 1,996 2,122 1,853 752

 ................................ 2002 9,521 5,000 3,982 437 102 1,238 1,255 2,097 2,202 1,940 789

 ................................ 2000 10,152 5,745 3,881 431 95 1,310 1,322 2,268 2,322 2,087 843 

Total assets (in billions) ................................ 2004 $9,377.1 $221.9 $1,169.4 $1,282.1 $6,703.8 $3,186.7 $1,995.5 $1,700.3 $738.7 $571.0 $1,184.9

 ................................ 2002 7,823.5 250.0 1,068.7 1,261.3 5,243.6 2,651.7 1,571.3 1,468.8 415.6 545.6 1,170.6

 ................................ 2000 7,004.6 271.4 1,005.7 1,222.1 4,505.4 2,401.1 1,513.9 1,173.4 439.1 559.6 917.6 

Return on assets (%) ................................... 2004 1.38 1.00 1.17 1.48 1.41 1.32 1.32 1.38 1.51 1.35 1.57

 ................................ 2002 1.29 0.98 0.99 1.42 1.34 1.16 1.35 1.23 1.54 1.36 1.48

 ................................ 2000 1.29 1.07 1.20 1.42 1.29 1.33 1.34 1.18 1.36 1.09 1.35 

Net charge-offs to loans & leases (%) ......... 2004 0.64 0.19 0.24 0.44 0.78 0.96 0.36 0.43 0.92 0.34 0.66

 ................................ 2002 0.98 0.22 0.29 0.68 1.24 1.54 0.64 0.78 1.21 0.39 0.78

 ................................ 2000 

Noncurrent assets plus 

0.50 0.16 0.26 0.58 0.56 0.64 0.39 0.33 0.76 0.31 0.59 

OREO to assets (%) ................................. 2004 0.67 0.84 0.66 0.59 0.68 0.69 0.46 0.79 0.88 0.75 0.59

 ................................ 2002 0.92 0.85 0.73 0.75 1.00 0.98 0.83 1.04 0.83 0.84 0.80

 ................................ 2000 0.63 0.68 0.57 0.64 0.64 0.70 0.61 0.59 0.59 0.63 0.58 

Equity capital ratio (%).................................. 2004 9.45 11.73 10.18 10.71 9.00 9.13 8.58 8.74 10.44 9.64 12.07

 ................................ 2002 9.22 11.03 9.85 9.75 8.88 8.96 9.35 8.80 9.95 9.56 9.75

 ................................ 2000 8.37 11.02 9.55 8.83 7.82 8.18 8.56 8.02 8.86 8.49 8.70 

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

ALL FDIC-INSURED INSTITUTIONS 7 FIRST QUARTER 2005 
FDIC Quarterly Banking Profile 

TABLE IV-A. Full Year 2004, All FDIC-Insured Institutions 

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

All Insured 

Institutions 

Asset Concentration Groups* 

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 

8,975 34 5 1,730 4,424 990 132 465 1,120 75 

Commercial banks .............................................. 7,630 30 5 1,725 4,019 250 101 414 1,026 60 

Savings institutions ............................................. 1,345 4 0 5 405 740 31 51 94 15 

Total assets (in billions) ......................................... $10,104.8 $382.4 $1,881.3 $138.3 $3,301.6 $1,503.6 $104.1 $51.5 $143.6 $2,598.4 

Commercial banks .............................................. 8,413.1 373.3 1,881.3 137.7 2,989.2 311.1 53.9 41.0 125.8 2,499.7 

Savings institutions ............................................. 1,691.8 9.1 0.0 0.6 312.3 1,192.5 50.2 10.5 17.8 98.7 

Total deposits (in billions) ...................................... 6,584.2 117.4 1,123.1 113.0 2,395.2 873.6 59.9 38.9 117.3 1,745.8 

Commercial banks .............................................. 5,592.8 115.7 1,123.1 112.6 2,190.8 198.0 28.8 31.1 103.2 1,689.6 

Savings institutions ............................................. 991.4 1.7 0.0 0.4 204.4 675.6 31.1 7.8 14.1 56.2 

Net income (in millions) .......................................... 122,871 13,336 13,864 1,636 40,663 16,347 1,767 860 1,544 32,855 

Commercial banks .............................................. 104,631 12,596 13,864 1,632 37,268 4,793 1,033 614 1,417 31,412 

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

Performance Ratios (%) 

18,241 740 0 4 3,395 11,553 734 246 126 1,442 

Yield on earning assets .......................................... 5.02 11.24 4.02 5.68 5.26 4.80 6.88 4.54 5.40 4.54 

Cost of funding earning assets .............................. 1.49 2.20 1.52 1.61 1.40 1.75 2.17 1.33 1.53 1.27 

Net interest margin .............................................. 3.53 9.04 2.50 4.07 3.85 3.05 4.71 3.20 3.86 3.27 

Noninterest income to assets ................................. 2.12 11.17 2.51 0.70 1.51 1.20 2.26 6.55 1.16 1.96 

Noninterest expense to assets ............................... 3.09 9.03 3.26 2.78 2.90 2.27 3.04 6.89 3.17 2.80 

Loan and lease loss provision to assets ................ 0.30 3.95 0.25 0.16 0.22 0.08 1.05 0.11 0.17 0.07 

Net operating income to assets ............................. 1.23 3.78 0.74 1.22 1.28 1.06 1.64 1.64 1.07 1.26 

Pretax return on assets .......................................... 1.89 6.20 1.09 1.50 1.89 1.81 2.56 2.43 1.41 1.98 

Return on assets .................................................... 1.29 4.00 0.76 1.22 1.29 1.18 1.66 1.66 1.10 1.35 

Return on equity ..................................................... 13.27 22.12 10.35 11.38 13.46 11.61 16.81 10.03 10.16 13.69 

Net charge-offs to loans and leases ...................... 0.56 4.66 0.91 0.22 0.30 0.12 1.57 0.59 0.31 0.25 

Loan and lease loss provision to net charge-offs ... 90.66 108.84 63.10 118.94 105.48 100.94 85.49 67.51 99.86 52.04 

Efficiency ratio ........................................................ 58.04 45.35 70.16 62.11 57.08 56.46 45.53 72.42 66.93 57.71 

% of unprofitable institutions .................................. 5.88 5.88 2.14 7.17 5.25 3.79 13.98 4.20 4.00 

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

Condition Ratios (%) 

62.86 76.47 80.00 63.18 68.13 53.43 58.33 50.97 55.45 54.67 

Earning assets to total assets ................................ 

Loss Allowance to: 

87.13 82.94 81.47 91.91 90.17 92.17 90.73 88.93 92.11 84.36 

Loans and leases ................................................ 1.34 4.27 1.74 1.44 1.30 0.53 1.66 1.66 1.34 1.16 

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

Noncurrent assets plus 

168.13 219.06 135.34 156.89 206.28 97.19 259.63 168.60 155.99 156.40 

other real estate owned to assets .......................... 0.53 1.50 0.57 0.68 0.51 0.43 0.53 0.31 0.59 0.45 

Equity capital ratio .................................................. 10.29 20.51 8.05 10.79 10.10 10.55 11.36 16.94 10.79 10.25 

Core capital (leverage) ratio ................................... 8.12 16.63 6.05 10.37 8.28 9.10 8.82 15.16 10.38 7.20 

Tier 1 risk-based capital ratio ................................. 10.77 14.58 8.38 14.71 10.14 15.53 13.07 34.71 17.33 9.45 

Total risk-based capital ratio .................................. 13.21 17.33 12.03 15.82 12.17 17.05 14.62 35.97 18.56 12.12 

Net loans and leases to deposits ........................... 91.69 239.81 69.91 76.64 93.90 120.82 135.96 33.54 67.56 80.51 

Net loans to total assets ......................................... 59.74 73.64 41.73 62.61 68.12 70.20 78.23 25.32 55.20 54.09 

Domestic deposits to total assets .......................... 

Structural Changes 

56.59 27.71 29.71 81.69 70.26 57.37 55.60 73.33 81.69 59.47 

New Charters ...................................................... 128 0 0 5 35 4 1 77 5 1 

Institutions absorbed by mergers ........................ 319 1 2 24 207 26 13 6 20 20 

Failed Institutions ................................................ 

PRIOR FULL YEARS 

(The way it was...) 

4 0 0 0 3 0 0 0 1 0 

Number of institutions .................................. 2004 9,181 36 6 1,766 4,253 1,033 157 529 1,310 91

 ................................ 2002 9,614 56 5 1,875 3,967 1,242 228 477 1,663 101

 ................................ 2000 10,222 64 8 2,113 3,784 1,356 304 562 1,942 89 

Total assets (in billions)................................ 2004 $9,075.3 $348.4 $1,448.0 $129.1 $2,923.7 $1,657.6 $146.6 $61.1 $171.6 $2,189.3

 ................................ 2002 7,869.2 334.7 1,176.3 120.1 3,539.2 1,178.8 140.8 49.7 202.9 1,126.7

 ................................ 2000 6,883.7 254.2 1,179.2 121.2 3,392.4 1,045.4 100.6 56.2 225.4 509.1 

Return on assets (%) .................................. 2004 1.38 4.08 1.10 1.20 1.28 1.38 1.32 1.85 1.06 1.33

 ................................ 2002 1.14 2.89 0.84 1.12 1.11 1.05 1.29 1.84 1.04 1.09

 ................................ 2000 1.26 3.52 0.93 1.18 1.27 1.03 1.36 1.67 1.27 1.26 

Net charge-offs to loans & leases (%) ......... 2004 0.78 5.22 1.40 0.27 0.46 0.18 2.10 1.22 0.39 0.62

 ................................ 2002 0.83 4.52 0.88 0.36 0.68 0.19 1.39 0.50 0.33 0.75

 ................................ 2000 

Noncurrent assets plus 

0.53 3.84 0.62 0.28 0.40 0.12 0.62 1.32 0.26 0.46 

OREO to assets (%) ................................ 2004 0.75 1.63 0.93 0.81 0.68 0.73 0.99 0.33 0.71 0.59

 ................................ 2002 0.87 1.54 1.00 0.81 0.92 0.65 1.30 0.31 0.66 0.64

 ................................ 2000 0.63 1.55 0.66 0.72 0.59 0.47 1.06 0.30 0.54 0.60 

Equity capital ratio (%) ................................. 2004 9.15 16.03 7.39 10.64 9.24 9.10 7.30 16.74 10.45 8.87

 ................................ 2002 8.98 13.12 7.51 10.47 9.46 8.25 7.60 17.56 10.37 7.95

 ................................ 2000 8.35 13.04 6.48 10.13 8.50 7.90 8.80 14.87 9.88 8.29 

*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. 

FIRST QUARTER 2005 8 ALL FDIC-INSURED INSTITUTIONS 
FDIC Quarterly Banking Profile 

TABLE IV-A. Full Year 2004, All FDIC-Insured Institutions 

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

All 

Insured 

Institutions 

Asset Size Distribution Geographic Regions* 

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 

8,975 4,093 4,285 480 117 1,129 1,219 1,951 2,094 1,834 748 

Commercial banks .............................................. 7,630 3,655 3,530 360 85 595 1,073 1,603 1,988 1,704 667 

Savings institutions ............................................. 1,345 438 755 120 32 534 146 348 106 130 81 

Total assets (in billions) ......................................... $10,104.8 $211.7 $1,199.1 $1,316.7 $7,377.3 $2,854.7 $2,177.1 $2,387.6 $768.1 $603.1 $1,314.3 

Commercial banks .............................................. 8,413.1 189.0 953.4 973.4 6,297.3 2,268.6 2,029.6 2,233.5 723.6 509.9 647.8 

Savings institutions ............................................. 1,691.8 22.6 245.7 343.4 1,080.1 586.1 147.5 154.1 44.6 93.2 666.4 

Total deposits (in billions) ...................................... 6,584.2 175.6 955.9 890.0 4,562.7 1,839.3 1,495.1 1,493.2 541.2 447.4 768.0 

Commercial banks .............................................. 5,592.8 158.2 770.9 666.5 3,997.2 1,469.1 1,397.2 1,388.2 513.5 395.0 429.8 

Savings institutions ............................................. 991.4 17.4 185.0 223.5 565.5 370.2 97.9 105.0 27.7 52.4 338.3 

Net income (in millions) ......................................... 122,871 2,065 13,564 17,927 89,316 35,693 27,975 20,761 11,607 7,254 19,583 

Commercial banks .............................................. 104,631 1,797 11,605 13,409 77,819 29,670 26,483 18,976 11,392 5,590 12,519 

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

Performance Ratios (%) 

18,241 268 1,959 4,517 11,496 6,022 1,492 1,785 215 1,664 7,064 

Yield on earning assets ......................................... 5.02 5.65 5.63 5.34 4.83 5.16 5.08 4.18 5.82 5.11 5.62 

Cost of funding earning assets .............................. 1.49 1.51 1.60 1.53 1.46 1.62 1.55 1.42 1.27 1.33 1.42 

Net interest margin ............................................. 3.53 4.14 4.03 3.81 3.37 3.55 3.53 2.76 4.54 3.78 4.20 

Noninterest income to assets ................................ 2.12 1.28 1.28 1.92 2.32 2.67 1.92 1.76 2.83 1.44 1.88 

Noninterest expense to assets .............................. 3.09 3.59 3.19 3.15 3.05 3.38 2.96 2.76 4.07 3.07 2.75 

Loan and lease loss provision to assets ................ 0.30 0.22 0.23 0.32 0.32 0.41 0.16 0.18 0.47 0.19 0.50 

Net operating income to assets ............................. 1.23 0.98 1.16 1.30 1.23 1.32 1.28 0.82 1.54 1.18 1.56 

Pretax return on assets .......................................... 1.89 1.30 1.61 2.14 1.91 2.01 1.99 1.29 2.30 1.67 2.51 

Return on assets .................................................... 1.29 1.00 1.19 1.44 1.28 1.36 1.38 0.88 1.55 1.26 1.60 

Return on equity .................................................... 13.27 8.42 11.71 13.40 13.71 13.02 16.03 10.45 14.93 12.66 13.64 

Net charge-offs to loans and leases ...................... 0.56 0.28 0.27 0.40 0.65 0.88 0.31 0.41 0.75 0.27 0.60 

Loan and lease loss provision to net charge-offs .. 90.66 132.16 129.19 124.28 83.13 86.38 86.22 79.97 87.47 110.38 113.13 

Efficiency ratio ....................................................... 58.04 70.44 63.42 57.12 57.00 57.13 58.47 65.17 58.15 62.80 47.35 

% of unprofitable institutions .................................. 5.88 10.11 2.31 2.92 0.85 6.02 9.19 5.23 3.25 6.16 8.69 

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

Condition Ratios (%) 

62.86 57.95 66.77 68.54 68.38 60.76 72.76 53.66 62.18 64.12 72.73 

Earning assets to total assets ................................ 

Loss Allowance to: 

87.13 91.95 92.18 91.39 85.41 85.44 87.33 85.69 88.22 89.49 91.39 

Loans and leases ................................................ 1.34 1.37 1.28 1.33 1.35 1.64 1.13 1.35 1.45 1.22 1.12 

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

Noncurrent assets plus 

168.13 142.69 187.37 194.98 161.72 161.89 219.83 155.94 141.81 158.80 180.72 

other real estate owned to assets .......................... 0.53 0.74 0.56 0.51 0.53 0.58 0.35 0.55 0.81 0.61 0.51 

Equity capital ratio ................................................. 10.29 11.82 10.17 10.88 10.15 11.20 8.76 9.36 10.61 10.78 12.08 

Core capital (leverage) ratio .................................. 8.12 11.58 9.65 9.35 7.54 8.19 7.21 7.31 8.65 8.55 10.38 

Tier 1 risk-based capital ratio ................................. 10.77 17.59 13.57 12.93 9.80 11.29 9.32 9.32 10.69 12.12 14.56 

Total risk-based capital ratio .................................. 13.21 18.69 14.76 14.36 12.63 14.08 11.53 12.24 12.60 13.51 16.47 

Net loans and leases to deposits ........................... 91.69 73.65 82.95 95.30 93.51 83.97 85.19 88.26 102.20 83.06 127.11 

Net loans to total assets ........................................ 59.74 61.10 66.13 64.41 57.83 54.10 58.50 55.20 72.00 61.62 74.28 

Domestic deposits to total assets .......................... 

Structural Changes 

56.59 82.95 79.57 66.75 50.28 47.65 62.57 53.10 68.24 73.79 57.73 

New Charters ...................................................... 128 122 4 1 1 16 46 9 10 21 26 

Institutions absorbed by mergers ........................ 319 111 155 46 7 60 42 67 61 47 42 

Failed Institutions ................................................ 

PRIOR FULL YEARS 

(The way it was...) 

4 4 0 0 0 2 1 0 0 0 1 

Number of institutions................................... 2004 9,181 4,390 4,210 471 110 1,173 1,227 2,011 2,133 1,866 771

 ................................ 2002 9,614 5,063 4,006 444 101 1,263 1,273 2,108 2,216 1,955 799

 ................................ 2000 10,222 5,821 3,860 449 92 1,315 1,342 2,285 2,331 2,104 845 

Total assets (in billions)................................ 2004 $9,075.3 $225.7 $1,160.4 $1,312.6 $6,376.5 $3,084.8 $1,882.6 $1,693.8 $456.3 $563.3 $1,394.3

 ................................ 2002 7,869.2 251.1 1,070.7 1,272.5 5,274.9 2,703.4 1,586.7 1,493.0 406.4 543.3 1,136.4

 ................................ 2000 6,883.7 276.2 999.6 1,277.4 4,330.4 2,393.6 1,480.7 1,140.2 431.0 560.3 877.8 

Return on assets (%).................................... 2004 1.38 0.95 1.18 1.41 1.42 1.28 1.38 1.31 1.63 1.37 1.62

 ................................ 2002 1.14 0.85 1.08 1.26 1.13 1.01 1.09 1.07 1.42 1.25 1.46

 ................................ 2000 1.26 0.96 1.22 1.38 1.24 1.20 1.26 1.23 1.42 1.22 1.36 

Net charge-offs to loans & leases (%).......... 2004 0.78 0.31 0.36 0.54 0.94 1.16 0.54 0.72 1.09 0.40 0.58

 ................................ 2002 0.83 0.33 0.35 0.83 0.96 1.02 0.75 0.79 0.80 0.43 0.80

 ................................ 2000 

Noncurrent assets plus 

0.53 0.34 0.30 0.56 0.60 0.67 0.45 0.34 0.70 0.40 0.63 

OREO to assets (%) ................................ 2004 0.75 0.83 0.69 0.62 0.78 0.78 0.56 0.86 0.84 0.76 0.76

 ................................ 2002 0.87 0.81 0.70 0.72 0.95 0.89 0.86 0.99 0.77 0.79 0.76

 ................................ 2000 0.63 0.66 0.57 0.62 0.64 0.70 0.58 0.56 0.59 0.63 0.60 

Equity capital ratio (%).................................. 2004 9.15 11.49 10.05 10.35 8.66 9.05 8.78 8.49 10.58 9.60 10.05

 ................................ 2002 8.98 11.08 9.85 9.49 8.59 8.77 9.62 8.47 8.93 9.38 9.12

 ................................ 2000 8.35 10.92 9.51 8.93 7.74 8.01 8.62 8.10 8.92 8.47 8.79 

* 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 Islands 

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 

ALL FDIC-INSURED INSTITUTIONS 9 FIRST QUARTER 2005 
FDIC Quarterly Banking Profile 

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

March 31, 2005 All Insured 

Institutions 

Asset Concentration Groups* 

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 ....................................... 0.70 0.63 0.89 1.28 0.66 0.66 2.00 1.13 1.30 0.64 

Construction and development ..................................... 0.66 0.00 2.31 1.24 0.63 0.83 0.77 0.65 1.15 0.51 

Commercial real estate ................................................. 0.57 0.00 1.44 1.17 0.55 0.45 0.53 0.72 1.08 0.49 

Multifamily residential real estate .................................. 0.36 0.00 2.93 0.69 0.42 0.10 0.05 0.59 0.55 0.38 

Home equity loans ........................................................ 0.35 0.49 0.45 0.47 0.33 0.30 0.18 0.31 0.41 0.37 

Other 1-4 family residential ........................................... 0.86 1.92 0.66 1.63 0.96 0.75 2.86 1.47 1.55 0.81 

Commercial and industrial loans ..................................... 0.65 1.84 0.44 1.74 0.78 0.72 1.15 0.99 1.36 0.40 

Loans to individuals ......................................................... 1.56 1.98 1.77 2.05 1.21 0.90 1.17 2.06 1.90 1.31 

Credit card loans ........................................................... 1.95 2.02 1.98 1.87 1.82 1.18 1.22 3.74 1.84 1.87 

Other loans to individuals ............................................. 1.29 1.43 1.63 2.06 1.15 0.86 1.15 1.91 1.91 1.21 

All other loans and leases (including farm) ...................... 0.49 0.19 0.45 1.29 0.61 0.42 0.75 0.73 0.82 0.36 

Total loans and leases ..................................................... 

Percent of Loans Noncurrent** 

0.80 1.85 0.91 1.41 0.73 0.67 1.41 1.22 1.36 0.63 

All real estate loans ......................................................... 0.59 0.12 0.91 0.86 0.55 0.50 0.53 0.89 0.78 0.70 

Construction and development ..................................... 0.48 0.00 0.89 0.51 0.44 0.84 0.83 1.98 0.79 0.45 

Commercial real estate ................................................. 0.69 2.55 1.69 1.14 0.65 0.64 0.60 1.06 1.07 0.64 

Multifamily residential real estate .................................. 0.24 0.00 0.38 0.49 0.24 0.09 0.06 0.44 0.65 0.63 

Home equity loans ........................................................ 0.18 0.09 0.31 0.19 0.18 0.15 0.05 0.05 0.18 0.17 

Other 1-4 family residential ........................................... 0.68 0.45 0.75 0.84 0.64 0.56 0.67 0.71 0.69 0.94 

Commercial and industrial loans ..................................... 1.04 1.10 1.66 1.60 0.86 1.04 0.77 1.16 1.26 0.88 

Loans to individuals ......................................................... 1.25 1.85 2.00 0.71 0.49 0.34 0.68 0.99 0.71 0.72 

Credit card loans ........................................................... 1.77 1.89 1.70 1.54 1.30 1.03 1.17 3.86 1.65 1.65 

Other loans to individuals ............................................. 0.90 1.34 2.20 0.68 0.41 0.25 0.52 0.73 0.65 0.56 

All other loans and leases (including farm) ...................... 0.40 0.06 0.20 0.91 0.51 0.68 0.73 0.95 0.47 0.47 

Total loans and leases ..................................................... 

Percent of Loans Charged-off (net, YTD) 

0.75 1.68 1.22 0.97 0.60 0.52 0.64 0.94 0.81 0.71 

All real estate loans ......................................................... 0.05 0.09 0.12 0.03 0.06 0.04 0.08 0.05 0.03 0.03 

Construction and development ..................................... 0.04 0.00 0.06 0.10 0.04 0.05 0.00 0.30 0.01 0.04 

Commercial real estate ................................................. 0.03 0.00 0.13 0.03 0.05 0.02 0.00 0.04 0.01 -0.02 

Multifamily residential real estate .................................. 0.01 0.00 0.34 0.02 0.01 0.00 -0.01 0.29 0.02 0.01 

Home equity loans ........................................................ 0.08 0.10 0.15 0.08 0.10 0.05 0.02 0.11 0.04 0.08 

Other 1-4 family residential ........................................... 0.05 -0.01 0.07 0.07 0.09 0.04 0.12 0.02 0.04 0.04 

Commercial and industrial loans ..................................... 0.28 3.01 0.02 0.35 0.39 0.28 2.62 0.18 0.25 0.09 

Loans to individuals ......................................................... 2.55 4.84 2.77 0.50 1.04 1.30 2.04 0.82 1.29 1.13 

Credit card loans ........................................................... 4.58 4.99 4.11 4.79 3.51 3.12 5.13 1.76 10.27 3.10 

Other loans to individuals ............................................. 1.11 2.95 1.83 0.32 0.77 1.06 1.05 0.59 0.51 0.74 

All other loans and leases (including farm) ...................... 0.14 0.00 0.01 0.00 0.29 0.22 0.16 0.68 -0.05 0.19 

Total loans and leases ..................................................... 

Loans Outstanding (in billions) 

0.50 4.40 0.80 0.10 0.20 0.10 1.50 0.20 0.20 0.20 

All real estate loans ......................................................... $3,787.6 $18.1 $203.0 $47.1 $1,596.2 $1,019.4 $26.0 $9.5 $53.0 $815.2 

Construction and development ..................................... 359.1 0.0 6.9 3.1 263.0 23.6 0.6 0.8 3.0 58.1 

Commercial real estate ................................................. 766.9 0.0 17.8 12.1 538.8 51.5 2.1 2.8 12.9 128.9 

Multifamily residential real estate .................................. 173.0 0.0 2.4 0.9 100.7 51.3 0.3 0.3 0.9 16.3 

Home equity loans ........................................................ 508.0 16.4 39.5 0.9 176.2 101.1 5.6 0.3 2.5 165.5 

Other 1-4 family residential ........................................... 1,886.8 1.7 96.0 13.8 493.5 791.1 17.2 5.1 30.1 438.2 

Commercial and industrial loans ..................................... 1,000.8 7.9 190.0 12.3 487.1 34.1 7.4 1.7 8.2 252.0 

Loans to individuals ......................................................... 907.8 240.8 210.9 6.3 191.1 48.4 52.2 1.9 10.2 146.0 

Credit card loans ........................................................... 364.1 222.1 84.0 0.2 18.4 5.5 12.3 0.2 0.6 20.7 

Other loans to individuals ............................................. 543.7 18.8 126.9 6.1 172.7 42.9 39.9 1.8 9.5 125.3 

All other loans and leases (including farm) ...................... 507.7 5.2 185.5 19.9 124.2 7.7 1.2 0.8 4.5 158.8 

Total loans and leases ..................................................... 

Memo: Other Real Estate Owned (in millions) 

6,203.9 272.0 789.5 85.6 2,398.7 1,109.5 86.9 13.9 75.9 1,371.9 

All other real estate owned .............................................. 4,245.7 0.8 208.1 127.3 2,232.5 731.3 23.5 30.2 143.6 748.3 

Construction and development ..................................... 513.7 0.0 2.0 8.1 348.4 46.2 0.6 5.9 13.5 89.0 

Commercial real estate ................................................. 1,308.8 0.0 10.0 51.7 976.0 67.1 4.2 13.9 51.5 134.3 

Multifamily residential real estate .................................. 120.7 0.0 0.0 2.1 71.3 9.3 0.2 0.6 9.1 28.1 

1-4 family residential ..................................................... 2,150.9 0.8 132.1 41.6 807.0 608.7 18.5 9.1 64.0 468.9 

Farmland ....................................................................... 65.8 0.0 0.0 23.8 32.2 0.7 0.2 0.7 5.6 2.6 

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

** Noncurrent loan rates represent the percentage of loans in each category that are past due 90 days or more or that are in nonaccrual status.
 

FIRST QUARTER 2005 10 ALL FDIC-INSURED INSTITUTIONS 
FDIC Quarterly Banking Profile 

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

March 31, 2005 

All 

Insured 

Institutions 

Asset Size Distribution Geographic Regions* 

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 ............................. 0.70 1.33 0.82 0.55 0.68 0.68 0.59 0.83 0.78 0.85 0.61 

Construction and development ........................... 0.66 0.92 0.76 0.63 0.62 0.61 0.43 0.97 0.80 0.73 0.61 

Commercial real estate ....................................... 0.57 1.03 0.66 0.50 0.53 0.64 0.42 0.71 0.72 0.66 0.36 

Multifamily residential real estate ........................ 0.36 0.83 0.55 0.31 0.32 0.34 0.34 0.78 0.64 0.59 0.10 

Home equity loans .............................................. 0.35 0.71 0.40 0.35 0.34 0.35 0.33 0.39 0.40 0.43 0.23 

Other 1-4 family residential ................................. 0.86 1.73 1.10 0.65 0.83 0.75 0.79 1.04 0.97 1.17 0.78 

Commercial and industrial loans ............................ 0.65 1.63 1.12 0.84 0.52 0.52 0.47 0.65 0.91 0.90 0.98 

Loans to individuals ............................................... 1.56 2.27 1.50 1.58 1.55 1.74 1.37 1.16 1.79 1.33 1.72 

Credit card loans ................................................. 1.95 1.63 2.30 2.51 1.91 1.89 2.20 1.55 2.25 0.66 2.16 

Other loans to individuals ................................... 1.29 2.28 1.44 1.20 1.26 1.60 1.21 1.04 1.29 1.52 1.03 

All other loans and leases (including farm) ............ 0.49 1.32 0.90 0.57 0.44 0.42 0.22 0.75 0.61 0.74 0.43 

Total loans and leases ........................................... 

Percent of Loans Noncurrent** 

0.80 1.46 0.91 0.69 0.78 0.85 0.62 0.83 0.94 0.91 0.80 

All real estate loans ............................................... 0.59 0.84 0.59 0.55 0.60 0.54 0.38 0.81 0.99 0.72 0.45 

Construction and development ........................... 0.48 0.59 0.49 0.47 0.48 0.55 0.30 0.67 0.54 0.55 0.45 

Commercial real estate ....................................... 0.69 0.92 0.68 0.69 0.68 0.63 0.52 0.95 0.67 0.83 0.58 

Multifamily residential real estate ........................ 0.24 0.44 0.35 0.25 0.20 0.14 0.46 0.48 0.56 0.69 0.02 

Home equity loans .............................................. 0.18 0.22 0.20 0.21 0.17 0.14 0.13 0.26 0.21 0.17 0.12 

Other 1-4 family residential ................................. 0.68 0.90 0.61 0.57 0.71 0.52 0.42 1.02 1.69 0.76 0.51 

Commercial and industrial loans ............................ 1.04 1.48 1.02 0.99 1.04 1.24 0.75 1.16 0.76 0.97 1.06 

Loans to individuals ............................................... 1.25 0.89 0.61 0.79 1.34 1.85 0.77 0.56 1.33 0.50 1.31 

Credit card loans ................................................. 1.77 0.89 2.03 1.77 1.76 1.79 1.64 1.27 2.12 0.56 1.91 

Other loans to individuals ................................... 0.90 0.89 0.50 0.39 1.01 1.91 0.60 0.36 0.47 0.49 0.38 

All other loans and leases (including farm) ............ 0.40 0.99 0.73 0.60 0.34 0.35 0.33 0.37 0.56 0.92 0.59 

Total loans and leases ........................................... 

Percent of Loans Charged-off (net, YTD) 

0.75 0.96 0.65 0.64 0.78 0.91 0.48 0.81 0.97 0.75 0.64 

All real estate loans ............................................... 0.05 0.04 0.03 0.04 0.06 0.03 0.04 0.11 0.06 0.07 0.02 

Construction and development ........................... 0.04 0.03 0.02 0.05 0.05 0.01 0.02 0.07 0.14 0.04 0.01 

Commercial real estate ....................................... 0.03 0.04 0.03 0.05 0.03 0.01 0.02 0.08 0.00 0.05 0.01 

Multifamily residential real estate ........................ 0.01 0.01 0.02 0.01 0.01 0.00 0.01 0.04 0.03 0.02 0.00 

Home equity loans .............................................. 0.08 0.03 0.05 0.07 0.09 0.03 0.06 0.15 0.12 0.11 0.02 

Other 1-4 family residential ................................. 0.05 0.07 0.04 0.03 0.06 0.03 0.04 0.13 0.04 0.09 0.03 

Commercial and industrial loans ............................ 0.28 0.26 0.34 0.44 0.24 0.08 0.19 0.30 0.41 0.27 0.81 

Loans to individuals ............................................... 2.55 0.51 1.04 1.76 2.77 3.19 1.40 1.42 3.08 0.93 3.54 

Credit card loans ................................................. 4.58 1.84 6.42 3.73 4.61 4.52 4.75 3.58 5.09 1.87 5.02 

Other loans to individuals ................................... 1.11 0.48 0.54 0.94 1.22 1.82 0.73 0.78 0.65 0.68 1.15 

All other loans and leases (including farm) ............ 0.14 0.05 0.19 0.20 0.13 0.07 0.24 0.16 0.01 0.37 0.12 

Total loans and leases ........................................... 

Loans Outstanding (in billions) 

0.50 0.10 0.10 0.30 0.60 0.70 0.20 0.30 0.60 0.20 0.60 

All real estate loans ............................................... $3,787.6 $86.3 $620.2 $620.2 $2,460.9 $810.9 $865.9 $754.5 $343.6 $261.5 $751.2 

Construction and development ........................... 359.1 9.3 96.0 87.1 166.8 40.7 113.4 78.3 31.1 48.1 47.5 

Commercial real estate ....................................... 766.9 24.3 217.1 185.7 339.8 155.5 179.9 167.5 75.4 79.5 109.0 

Multifamily residential real estate ........................ 173.0 2.0 26.5 41.4 103.1 46.5 19.2 30.4 8.7 7.0 61.2 

Home equity loans .............................................. 508.0 3.2 37.0 49.1 418.8 92.5 128.9 132.9 72.0 20.5 61.3 

Other 1-4 family residential ................................. 1,886.8 37.4 222.5 249.4 1,377.4 432.7 416.1 333.6 141.4 95.6 467.5 

Commercial and industrial loans ............................ 1,000.8 19.1 109.7 129.7 742.2 259.8 210.1 283.9 81.8 65.8 99.4 

Loans to individuals ............................................... 907.8 11.9 52.5 80.1 763.2 323.3 136.2 173.5 85.6 39.5 149.7 

Credit card loans ................................................. 364.1 0.2 4.0 23.3 336.6 158.4 21.8 39.7 44.9 8.3 90.9 

Other loans to individuals ................................... 543.7 11.7 48.6 56.8 426.7 164.9 114.4 133.8 40.7 31.2 58.8 

All other loans and leases (including farm) ............ 507.7 12.8 29.3 33.1 432.5 168.3 112.4 138.6 48.6 15.8 24.1 

Total loans and leases ........................................... 

Memo: Other Real Estate Owned (in millions) 

6,203.9 130.1 811.8 863.2 4,398.8 1,562.3 1,324.6 1,350.5 559.6 382.5 1,024.4 

All other real estate owned .................................... 4,245.7 304.6 1,216.1 743.0 1,982.1 443.9 794.8 1,211.6 476.7 801.4 517.4 

Construction and development ........................... 513.7 35.9 206.1 149.4 122.3 22.5 121.8 96.3 51.1 188.5 33.5 

Commercial real estate ....................................... 1,308.8 114.3 548.8 296.3 349.4 127.5 267.1 295.5 162.3 310.3 146.1 

Multifamily residential real estate ........................ 120.7 9.7 46.5 33.0 31.5 5.5 24.3 51.3 8.2 27.2 4.3 

1-4 family residential ........................................... 2,150.9 122.4 381.8 260.0 1,386.7 197.5 377.2 761.1 238.0 254.1 323.0 

Farmland ............................................................. 65.8 22.6 33.6 5.7 3.9 2.3 6.0 7.9 17.6 21.8 10.2 

* 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.
 

ALL FDIC-INSURED INSTITUTIONS 11 FIRST QUARTER 2005 
 

FDIC Quarterly Banking Profile 

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

(dollar figures in millions; 

notional amounts unless otherwise indicated) 

1st Quarter 

2005 

4th Quarter 

2004 

3rd Quarter 

2004 

2nd Quarter 

2004 

1st Quarter 

2004 

%Change 

04:1-05:1 

Asset Size Distribution 

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 .............................. 779 761 759 729 690 12.9 51 439 207 82 

Total assets of institutions reporting derivatives ........................ $7,257,420 $7,100,529 $6,969,267 $6,793,421 $6,569,590 10.5 $3,327 $180,839 $673,125 $6,400,129 

Total deposits of institutions reporting derivatives ..................... 4,708,021 4,602,898 4,471,015 4,400,040 4,232,955 11.2 2,680 140,333 477,900 4,087,109 

Total derivatives ............................................................... 

Derivative Contracts by Underlying Risk Exposure 

91,861,058 88,305,449 84,837,602 81,711,599 77,244,262 18.9 142 8,213 62,214 91,790,489 

Interest rate ....................................................................... 77,989,789 75,531,732 73,022,108 70,613,272 66,203,237 17.8 109 7,810 53,559 77,928,311 

Foreign exchange* ............................................................ 9,251,065 9,026,107 8,573,528 8,437,269 8,652,008 6.9 0 26 4,650 9,246,389 

Equity .............................................................................. 1,174,583 1,112,283 1,043,460 928,065 946,820 24.1 33 308 1,541 1,172,701 

Commodity & other (excluding credit derivatives) ..................... 321,361 288,606 289,200 247,167 239,773 34.0 0 6 114 321,241 

Credit ............................................................................. 3,124,260 2,346,722 1,909,307 1,485,825 1,202,424 159.8 0 63 2,350 3,121,847 

Total ................................................................................ 

Derivative Contracts by Transaction Type 

91,861,058 88,305,449 84,837,602 81,711,599 77,244,262 18.9 142 8,213 62,214 91,790,489 

Swaps ............................................................................. 58,335,689 56,416,576 52,914,550 49,704,580 47,791,062 22.1 30 3,537 35,778 58,296,343 

Futures & forwards ........................................................... 11,635,019 11,370,489 11,375,932 12,257,551 11,835,798 -1.7 27 1,740 7,597 11,625,655 

Purchased options .............................................................. 8,785,625 8,873,314 9,065,008 8,733,019 7,826,456 12.3 19 1,287 6,778 8,777,541 

Written options ................................................................. 9,242,822 8,879,465 8,927,186 8,858,503 7,888,797 17.2 66 1,578 9,446 9,231,732 

Total ................................................................................ 

Fair Value of Derivative Contracts 

87,999,155 85,539,845 82,282,676 79,553,653 75,342,112 16.8 142 8,143 59,600 87,931,271 

Interest rate contacts ........................................................... 28,398 26,867 23,828 20,892 23,174 22.5 0 -44 -202 28,644 

Foreign exchange contacts ................................................ 1,414 -1,379 -628 419 -3,539 N/M 0 0 12 1,403 

Equity contracts ................................................................. -1,521 -1,308 4,029 5,502 4,248 N/M 1 -1 0 -1,521 

Commodity & other (excluding credit derivatives) ..................... 3,551 1,941 1,458 1,747 1,380 157.3 0 0 14 3,538 

Credit derivatives as guarantor ............................................. 6,821 15,680 9,531 6,801 6,639 2.7 0 0 0 6,821 

Credit derivatives as beneficiary .......................................... 

Derivative Contracts by Maturity** 

-5,937 -15,124 -8,926 -6,191 -6,349 N/M 0 -1 -13 -5,923 

Interest rate contracts ........................................... < 1 year 15,560,325 15,919,771 16,212,404 15,820,368 16,180,820 -3.8 35 2,320 12,086 15,545,884 

............................ 1-5 years 26,568,782 25,893,298 24,310,740 22,508,242 21,446,830 23.9 15 2,946 16,976 26,548,845 

............................ > 5 years 17,381,304 16,491,764 15,364,195 14,378,070 13,696,626 26.9 5 1,101 14,453 17,365,745 

Foreign exchange contracts ................................... < 1 year 5,192,310 5,348,729 4,862,841 4,873,138 4,979,527 4.3 0 18 3,000 5,189,291 

............................ 1-5 years 1,314,144 1,286,372 1,250,835 1,158,345 1,143,488 14.9 0 0 241 1,313,903 

............................ > 5 years 691,433 760,131 644,084 627,794 613,101 12.8 0 0 0 691,433 

Equity contracts .................................................. < 1 year 275,704 272,658 237,624 215,242 228,464 20.7 0 11 162 275,531 

............................ 1-5 years 892,602 735,736 646,479 572,170 718,362 24.3 19 150 470 891,962 

............................ > 5 years 173,442 139,858 86,222 92,170 98,165 76.7 0 0 40 173,402 

Commodity & other contracts ................................. < 1 year 128,653 107,032 101,318 90,627 96,511 33.3 0 5 70 128,577 

............................ 1-5 years 299,126 237,581 212,627 137,607 166,144 80.0 0 0 6 299,120 

............................ > 5 years 

Risk-Based Capital: Credit Equivalent Amount 

55,119 42,450 32,281 38,603 20,987 162.6 0 0 30 55,089 

Total current exposure to tier 1 capital (%) .............................. 38.5 44.0 37.5 36.0 45.0 0.5 0.3 0.6 44.8 

Total potential future exposure to tier 1 capital (%) .................. 80.4 76.3 73.5 69.5 72.7 0.5 0.3 0.7 93.6 

Total exposure (credit equivalent amount) to tier 1 capital (%) ... 118.9 120.3 111.1 105.5 117.7 1.0 0.5 1.3 138.4 

Credit losses on derivatives*** ......................................... 

HELD FOR TRADING 

1 5 91 34 47 0 0 0 1 

Number of institutions reporting derivatives .............................. 119 116 124 110 108 10.2 3 26 38 52 

Total assets of institutions reporting derivatives ........................ 5,873,460 5,687,848 5,564,219 5,406,890 5,240,083 12.1 154 12,301 183,344 5,677,660 

Total deposits of institutions reporting derivatives ..................... 

Derivative Contracts by Underlying Risk Exposure 

3,764,563 3,689,531 3,577,651 3,508,637 3,374,313 11.6 115 9,231 126,152 3,629,065 

Interest rate ....................................................................... 75,576,665 73,012,099 70,526,446 68,139,293 63,738,482 18.6 9 188 7,821 75,568,647 

Foreign exchange .............................................................. 8,412,594 8,506,865 7,833,447 7,689,888 7,887,084 6.7 0 5 3,539 8,409,050 

Equity ............................................................................. 1,170,944 1,109,519 1,040,859 925,470 945,090 23.9 0 33 138 1,170,773 

Commodity & other ........................................................... 321,329 288,574 289,138 247,105 239,773 34.0 0 6 82 321,241 

Total ................................................................................ 

Trading Revenues: Cash & Derivative Instruments 

85,481,532 82,917,056 79,689,890 77,001,756 72,810,429 17.4 9 233 11,579 85,469,712 

Interest rate ....................................................................... 1,634 880 -449 182 1,443 13.2 0 0 1 1,633 

Foreign exchange .............................................................. 1,699 1,274 1,162 1,570 1,371 23.9 0 0 2 1,697 

Equity ............................................................................. 887 348 485 494 845 5.0 0 0 1 886 

Commodity & other (including credit derivatives) ..................... 212 -307 24 405 89 138.2 0 0 0 212 

Total trading revenues ....................................................... 

Share of Revenue 

4,432 2,194 1,222 2,650 3,748 18.2 0 0 4 4,428 

Trading revenues to gross revenues (%) ................................. 4.5 2.4 1.5 3.2 4.6 0.0 0.1 0.1 4.6 

Trading revenues to net operating revenues (%) ..................... 

HELD FOR PURPOSES OTHER THAN TRADING 

22.5 13.5 7.9 17.3 23.3 0.0 0.6 0.8 23.1 

Number of institutions reporting derivatives .............................. 724 711 701 681 641 12.9 48 410 188 78 

Total assets of institutions reporting derivatives ........................ 7,072,318 6,990,134 6,789,815 6,687,035 6,466,710 9.4 3,172 168,553 604,287 6,296,305 

Total deposits of institutions reporting derivatives ..................... 

Derivative Contracts by Underlying Risk Exposure 

4,577,359 4,513,670 4,366,346 4,316,447 4,152,555 10.2 2,564 130,605 425,494 4,018,696 

Interest rate ....................................................................... 2,413,124 2,519,632 2,495,662 2,473,979 2,464,755 -2.1 100 7,622 45,738 2,359,664 

Foreign exchange .............................................................. 100,828 100,360 94,461 75,261 65,199 54.6 0 13 847 99,968 

Equity ............................................................................. 3,639 2,764 2,600 2,596 1,730 110.3 33 275 1,403 1,928 

Commodity & other ........................................................... 32,000 32,000 62,000 62,329 0 0.0 0 0 32,000 0 

Total notional amount ........................................................ 2,517,623 2,622,788 2,592,785 2,551,898 2,531,683 -0.6 133 7,910 48,021 2,461,559 

All line items are reported on a quarterly basis. 

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

**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.
 

N/M - Not meaningful
 

FIRST QUARTER 2005 12 ALL FDIC-INSURED INSTITUTIONS 
FDIC Quarterly Banking Profile 

Insurance Fund Indicators 

• Insured Deposit Growth Strongest in Three Years 

• BIF Reserve Ratio Falls Three Basis Points to 1.27 Percent 

• SAIF Reserve Ratio Declines Two Basis Points to 1.32 Percent, an Eight-Year Low 

During the first three months of 2005, assets of FDIC 

insured institutions increased by $177 billion. Seventy 

percent of the quarter’s asset growth was funded by 

deposits, of which roughly two-thirds were insured 

deposits. During this period, insured deposits increased 

at 5,336 institutions, remained unchanged at 57 institutions, and decreased at 3,501 institutions. For the 

three months ending March 31, deposits insured by the 

FDIC increased by 2.3 percent ($84.3 billion) to $3.7 

trillion. This was the largest quarterly rise since the 

first quarter of 2002, when total insured deposits 

increased by 3.0 percent. The combined balances of 

the Bank Insurance Fund (BIF) and the Savings Association Insurance Fund (SAIF) increased by 0.2 percent during the quarter, to a total of $47.6 billion 

(unaudited). The combined BIF and SAIF reserve 

ratio (fund balances as a percent of insured deposits) 

for all insured institutions equaled 1.28 percent on 

March 31, three basis points lower than year-end 2004. 

During the first quarter of 2005, deposits insured by the 

BIF grew by 2.6 percent ($69 billion), reaching $2.7 

trillion. The BIF grew by 0.1 percent ($37 million) 

during the first three months of 2005, to a balance of 

$34.8 billion (unaudited). This was the slowest first 

quarter growth in the fund in more than nine years and 

was largely the result of a decrease in unrealized gains 

on its available-for-sale securities (AFS). During the 

first quarter of 2005, the BIF was increased by $6 million from reversing provisions previously set aside for 

insurance losses and increased by $158 million from all 

other sources of comprehensive income (net of operating expenses). More than three fourths of these 

increases to the BIF were offset by a $127 million 

reduction to the BIF balance due to lower unrealized 

gains on AFS securities. The BIF had a balance of 

unrealized gains on AFS securities of $563 million as of 

March 31, 2005, an amount which was 42 percent 

($414 million) lower than twelve months earlier. This 

was the smallest amount of unrealized gains on AFS 

securities since the second quarter of 2002 when these 

gains amounted to $451 million. Because the BIF’s 

growth did not keep pace with the quarterly growth of 

BIF-insured deposits, the BIF reserve ratio declined 

three basis points to 1.27 percent, the largest decline in 

twelve quarters. 

Deposits insured by the SAIF grew 1.7 percent in the 

first quarter of 2005, following a 0.8 percent rise in the 

fourth quarter. The balance of the SAIF was $12.8 billion (unaudited) on March 31, up 0.6 percent ($73 

million) during the quarter. During the first three 

months of 2005, a decline in unrealized gains on available-for-sale securities reduced the SAIF by $41 million, the reversal of provisions previously set aside for 

insurance losses increased the fund by $14 million and 

all other comprehensive income net of operating 

expenses increased the fund by $100 million for a net 

SAIF increase of $73 million. The reserve ratio of the 

SAIF was 1.32 percent at the end of the first quarter of 

2005, two basis points lower than three months earlier, 

and an eight year low. There were no FDIC insured 

institutions that failed during the first quarter of 2005. 

Changes in Insurance Fund Balances 

(dollar figures in millions) Bank Insurance Fund 

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

2005 2004 2004 2004 2004 2003 2003 

Savings Association Insurance Fund 

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

2005 2004 2004 2004 2004 2003 2003 

Beginning Fund Balance $34,787 $34,467 $34,110 $34,164 $33,782 $33,462 $32,800 

Unrealized Gain (Loss) on 

Available-For-Sale Securities –127 –32 77 –332 175 –106 –45 

Provision for Insurance Losses –6 –136 –64 –32 –37 –246 –543 

All Other Income, Net of Expenses 158 216 216 246 170 180 164 

Total Fund Balance Change 37 320 357 –54 382 320 662 

Ending Fund Balance $34,824 $34,787 $34,467 $34,110 $34,164 $33,782 $33,462 

$12,720 $12,523 $12,411 $12,394 $12,240 $12,186 $12,083 

–41 –10 24 –109 59 –37 –16 

–14 –95 24 –2 1 10 –26 

100 112 112 124 96 101 93 

73 197 112 17 154 54 103 

$12,793 $12,720 $12,523 $12,411 $12,394 $12,240 $12,186 

ALL FDIC-INSURED INSTITUTIONS 13 FIRST QUARTER 2005 
 

 

 

 

 

 

 

 

 

 

 

 

 

FDIC Quarterly Banking Profile 

TABLE I-B. Selected Insurance Fund Indicators* 

(dollar figures in millions) 

Bank Insurance Fund 

Preliminary 

1st Quarter 

2005 

4th Quarter 

2004 

1st Quarter 

2004 

%Change 

04:01-05:01 

Reserve ratio (%).................................................................................. 1.27 1.30 1.32 -4.0 

Fund Balance ...................................................................................... $34,824 $34,787 $34,164 1.9 

Estimated insured deposits .................................................................... . 2,745,956 2,585,28 2,677,355 3 6.2 

SAIF-member Oakars......................................................................... 107,824 103,340 100,590 7.2 

BIF-members ................................................................................... 2,638,131 2,574,014 2,484,693 6.2 

Assessment base ................................................................................ 4,608,277 4,516,926 4,229,207 9.0 

SAIF-member Oakars......................................................................... 128,124 112,796 103,973 23.2 

BIF-members ................................................................................... 

Savings Association Insurance Fund 

4,480,152 4,404,130 4,125,234 8.6 

Reserve ratio (%) ............................................................................... 1.32 1.34 1.36 -2.4 

Fund Balance ...................................................................................... $12,793 $12,720 $12,394 3.2 

Estimated insured deposits .................................................................... 951,217 966,923 914,182 5.8 

BIF-member Oakars .......................................................................... 436,406 443,689 417,600 4.5 

SAIF-member Sassers ....................................................................... 94,519 93,026 94,856 -0.4 

Other SAIF members ......................................................................... 435,997 414,501 401,726 8.5 

Assessment base ................................................................................ 1,190,896 1,156,317 1,076,071 10.7 

BIF-member Oakars .......................................................................... 455,448 459,692 422,355 7.8 

...SAIF-member Sassers ....................................................................... 123,224 120,936 120,596 2.2 

Other SAIF members ......................................................................... 612,224 575,688 533,120 14.8 

Target 

Ratio 

1.25 

Insurance Fund Reserve Ratios* Fund Balances and Insured Deposits* 

Percent of Insured Deposits ($Millions) 

BIF BIF-Insured SAIF SAIF-Insured 

Balance Deposits Balance Deposits 1.42 BIF SAIF 12/00 30,975 2,299,932 10,759 755,156 1.40 12/01 30,439 2,409,566 10,935 801,171 1.38 

1.37 1.37 1.37 3/02 30,697 2,495,498 11,049 810,902 1.36 1.36 

1.35 6/02 31,187 2,490,954 11,323 818,806 1.34 1.34 1.33 9/02 31,383 2,513,160 11,586 833,029 1.32 1.32 1.32 1.32 1.32

1.31 12/02 32,050 2,524,474 11,747 859,205 

3/03 32,382 2,531,307 11,906 867,908 

1.30 

1.28 1.28 1.27 1.27 6/03 32,800 2,562,053 12,083 876,305 1.26 

9/03 33,462 2,541,540 12,186 872,777 

12/03 33,782 2,556,288 12,240 896,123 

3/04 34,164 2,585,283 12,394 914,182 

6/04 34,110 2,605,720 12,411 926,570 

9/04 34,467 2,611,916 12,523 943,666 

12/04 34,787 2,677,355 12,720 951,217
 

12/00 12/01 12/02 3/03 6/03 9/03 12/03 3/04 6/04 9/04 12/04 3/05 3/05 34,824 2,745,956 12,793 966,923
 

* Estimated insured deposits are based on preliminary data. The reserve ratio is the fund balance as a percentage of estimated insured deposits. 

As with other Call Report items, prior periods may reflect adjustments. As a result, prior period reserve ratios may differ from previously 


reported values. Only year-end fund balances are audited by GAO. Fund balances for the most recent period are unaudited. BIF-insured 


deposit totals include U.S. branches of foreign banks.
 

TABLE II-B. Closed/Assisted Institutions 

(dollar figures in millions) 

BIF Members 

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

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

SAIF Members 

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

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

2005** 2004** 2004 2003 2002 2001 2000 

0 

$0 

2 

$104 

3 

$151 

3 

$1,097 

10 

$2,508 

3 

$54 

6 

$378 

0 

$0 

1 

$15 

1 

$15 

0 

$0 

1 

$50 

1 

$2,200 

1 

$30 

**Through March 31 

FIRST QUARTER 2005 14 ALL FDIC-INSURED INSTITUTIONS 
 

FDIC Quarterly Banking Profile 

TABLE III-B. Selected Indicators, By Fund Membership* 

(dollar figures in millions) 2005** 2004** 2004 2003 2002 2001 2000 

BIF Members 

Number of institutions reporting .......................... 7,804 7,935 7,839 7,995 8,125 8,327 8,572 

BIF-member Oakars ...................................... 768 765 773 766 801 766 743 

Other BIF-members ....................................... 7,036 7,170 7,066 7,229 7324 7561 7829 

Total assets .................................................... $8,861,470 $8,138,178 $8,744,033 $7,897,821 $7,335,512 $6,857,444 $6,510,744 

Total deposits ................................................. 5,851,913 5,366,481 5,773,579 5,216,328 4,854,908 4,567,603 4,337,661 

Net income ..................................................... 30,379 28,519 109,128 106,205 92,465 76,395 73,430 

Return on assets (%) ........................................ 1.38 1.42 1.32 1.40 1.32 1.14 1.18 

Return on equity (%) ........................................ 13.72 15.49 13.81 15.21 14.31 12.89 13.86 

Noncurrent assets plus OREO to assets (%) ......... 0.50 0.68 0.54 0.76 0.91 0.89 0.72 

Number of problem institutions ............................ 66 103 69 102 116 90 74 

Assets of problem institutions ............................. $26,162 $29,036 $27,161 $28,812 $32,176 $31,881 $10,787 

Number of failed/assisted institutions ................... 0 2 3 3 10 3 6 

Assets of failed/assisted institutions ..................... $0 $104 $151 $1,097 $2,508 $54 $378 

SAIF Members 

Number of institutions reporting ............................ 1,126 1,181 1,136 1,186 1,229 1,287 1,332 

SAIF-member Oakars ..................................... 145 143 149 146 133 130 122 

Other SAIF-members ..................................... 981 1,038 987 1,040 1,096 1,157 1,210 

Total assets ..................................................... $1,420,652 $1,238,906 $1,360,815 $1,177,455 $1,099,965 $1,011,736 $952,154 

Total deposits ................................................. 856,813 761,029 810,621 744,022 713,599 621,824 577,100 

Net income ..................................................... 3,913 3,317 13,743 14,307 12,462 10,623 8,071 

Return on assets (%) ........................................ 1.12 1.10 1.09 1.25 1.17 1.11 0.89 

Return on equity (%) ......................................... 9.87 10.99 10.14 13.84 12.79 13.46 11.12 

Noncurrent assets plus OREO to assets (%) .......... 0.49 0.59 0.50 0.69 0.79 0.75 0.65 

Number of problem institutions ............................. 13 11 11 14 20 24 20 

Assets of problem institutions ............................. $1,978 $836 $1,089 $1,105 $6,751 $7,923 $13,053 

Number of failed/assisted institutions .................... 0 1 1 0 1 1 1 

Assets of failed/assisted institutions ..................... $0 $15 $15 $0 $50 $2,200 $30 

* Excludes insured branches of foreign banks (IBAs). 

** Through March 31, ratios annualized where appropriate. 

TABLE IV-B. Estimated FDIC-Insured Deposits by Fund Membership and Type of Institution 

(dollar figures in millions) 

March 31, 2005 

Commercial Banks and Savings Institutions 

Number of 

Institutions 

Total 

Assets 

Domestic 

Deposits* 

Estimated Insured Deposits 

BIF SAIF Total 

FDIC-Insured Commercial Banks ..................... 7,598 8,589,293 4,823,131 2,488,560 468,131 2,956,691 

BIF-member ............................................. 7,486 8,384,280 4,699,909 2,453,715 408,209 2,861,924 

SAIF-member ............................................. 112 205,013 123,221 34,845 59,922 94,767 

FDIC-Supervised ....................................... 4,791 1,585,680 1,164,192 695,399 102,000 797,399 

OCC-Supervised ....................................... 1,896 5,783,752 2,937,055 1,440,424 285,813 1,726,238 

Federal Reserve-Supervised ........................ 911 1,219,861 721,884 352,736 80,318 433,054 

FDIC-Insured Savings Institutions ..................... 1,332 1,692,829 1,003,975 256,463 498,791 755,255 

OTS-Supervised Savings Institutions ............... 880 1,385,155 786,315 139,061 447,656 586,716 

BIF-member ............................................. 43 227,995 96,292 67,889 11,659 79,548 

SAIF-member ............................................. 837 1,157,160 690,023 71,172 435,997 507,168 

FDIC-Supervised State Savings Banks ............... 452 307,674 217,660 117,403 51,135 168,538 

BIF-member ............................................. 275 249,195 175,603 115,595 16,539 132,133 

SAIF-member ............................................. 

Total Commercial Banks and 

177 58,479 42,057 1,808 34,597 36,405 

Savings Institutions .................................... 8,930 10,282,122 5,827,106 2,745,023 966,923 3,711,946 

BIF-member ................................................ 7,804 8,861,470 4,971,804 2,637,199 436,406 3,073,605 

SAIF-member ............................................. 

Other FDIC-Insured Institutions 

1,126 1,420,652 855,302 107,824 530,516 638,340 

U.S. Branches of Foreign Banks ..................... 13 9,938 5,883 933 0 933 

Total FDIC-Insured Institutions ........................ 8,943 10,292,060 5,832,989 2,745,956 966,923 3,712,878 

* Excludes $882 billion in foreign office deposits, which are uninsured. 

ALL FDIC-INSURED INSTITUTIONS 15 FIRST QUARTER 2005 
FDIC Quarterly Banking Profile FDIC Quarterly Banking Profile 

TABLE V-B. Assessment Base Distribution and Rate Schedules 

BIF Assessment Base Distribution 

Assessable Deposits in Billions as of March 31, 2005 

Supervisory and Capital Ratings for Second Semiannual Assessment Period, 2005 

Capital Group 

Supervisory Risk Subgroup 

A B C 

1. Well-capitalized

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

Assessable deposit base ........................... 

2. Adequately capitalized

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

Assessable deposit base ........................... 

3. Undercapitalized

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

Assessable deposit base ........................... 

7,303 

$4,529 

58 

$11 

1 

$0 

93.4% 

98.3% 

0.7% 

0.2% 

0.0% 

0.0% 

385 4.9% 

$48 1.0% 

2 0.0% 

$1 0.0% 

0 0.0% 

$0 0.0% 

59 

$18 

8 

$1 

1 

$0 

0.8%

0.4% 

0.1%

0.0% 

0.0%

0.0% 

NOTE: "Number" reflects the number of BIF members; "Base" reflects the BIF-assessable deposits held by both SAIF and BIF members. 

Institutions are categorized based on capitalization and a supervisory subgroup rating, which is generally determined 

by on-site examinations. 

SAIF Assessment Base Distribution
 

Assessable Deposits in Billions as of March 31, 2005
 

Supervisory and Capital Ratings for Second Semiannual Assessment Period, 2005
 

Capital Group 

Supervisory Risk Subgroup 

A B C 

1. Well-capitalized

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

Assessable deposit base ........................... 

2. Adequately capitalized

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

Assessable deposit base ........................... 

3. Undercapitalized

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

Assessable deposit base ........................... 

1,049 

$1,178 

2 

$0 

0 

$0 

93.2% 

98.9% 

0.2% 

0.0% 

0.0% 

0.0% 

63 5.6% 

$12 1.0% 

1 0.1% 

$0 0.0% 

1 0.1% 

$0 0.0% 

9 

$1 

0 

$0 

1 

$0 

0.8%

0.1% 

0.0%

0.0% 

0.1%

0.0% 

NOTE: "Number" reflects the number of SAIF members; "Base" reflects the SAIF-assessable deposits held by both BIF and SAIF members. 

Institutions are categorized based on capitalization and a supervisory subgroup rating, which is generally determined 

by on-site examinations. 

Assessment Rate Schedule 

Second Semiannual 2005 Assessment Period 

Cents per $100 of Assessable Deposits 

Supervisory Risk Subgroup 

Capital Group A B C 

1. Well-capitalized .................................... 0 3 17 

2. Adequately capitalized ........................... 3 10 24 

3. Undercapitalized .................................... 10 24 27 

Note: Rates for the BIF and the SAIF are set separately by the FDIC. 

Currently, the rate schedules are identical. 

FIRST QUARTER 2005 16 ALL FDIC-INSURED INSTITUTIONS 
 

FDIC 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 VI-A. 

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

Quarterly Banking Profile is aggregated for all FDIC-insured Institutions, both commercial banks and savings institutions. Table VI-A 

is aggregated for all insured commercial banks and state-chartered 

savings banks that file quarterly Call Reports. 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 V-B. 

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

and annual data related to the bank (BIF) and savings association 

(SAIF) insurance funds, closed/assisted institutions, and assessments. 

Summary balance-sheet and earnings data are provided for commercial banks and savings institutions according to insurance fund 

membership. BIF-member institutions may acquire SAIF-insured 

deposits, resulting in institutions with some deposits covered by 

both insurance funds. Also, SAIF members may acquire BIFinsured deposits. Therefore, the BIF-member and the SAIF-member tables each include deposits from both insurance funds. Prior to 

the fourth quarter of 2004, all SAIF deposits held by BIF-member 

institutions and all BIF deposits held by SAIF members (Adjusted 

Attributable Deposit Amounts, or AADAs) were treated as fully 

insured. Beginning in the fourth quarter of 2004, the insured portions of newly acquired AADAs are based on the estimated insured 

share of deposits at the acquired institution. Effective with this 

change, the insured portion of the AADA is assumed to grow at the 

same rate as each institution’s total estimated insured deposits. 

Depository institutions that are not insured by the FDIC through 

either the BIF or SAIF 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 charter. 

DATA SOURCES 

The financial information appearing in this publication is obtained 

primarily from the Federal Financial Institutions Examination 

Council (FFIEC) Call Reports and the OTS Thrift Financial Reports 

submitted by all FDIC-insured depository institutions. This information is stored on and retrieved from the FDIC’s Research Information System (RIS) data base. 

COMPUTATION METHODOLOGY 

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. 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. 

All asset and liability figures used in calculating performance ratios 

represent average amounts for the period (beginning-of-period 

amount plus end-of-period amount plus any interim periods, divided 

by the total number of periods). For “pooling-of-interest” mergers,
 

the assets of the acquired institution(s) are included in average
 

assets since the 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.
 

ACCOUNTING CHANGES
 

FASB Interpretation No. 45 — In November 2002, the FASB issued
 

Interpretation No. 45, Guarantor’s Accounting and Disclosure Requirements for Guarantees, Including Indirect Guarantees of Indebtedness of
 

Others. This interpretation clarifies that a guarantor is required to
 

recognize, at the inception of a guarantee (financial standby letters
 

of credit, performance standby letters of credit), a liability for the
 

fair value of the obligation undertaken in issuing the guarantee.
 

Banks apply the initial recognition and measurement provisions of
 

Interpretation No. 45 on a prospective basis to guarantees issued or
 

modified after December 31, 2002, irrespective of the bank’s fiscal
 

year end. A bank’s previous accounting for guarantees issued prior to
 

January 1, 2003, is not revised.
 

FASB Interpretation No. 46 — The FASB issued Interpretation No. 46,
 

Consolidation of Variable Interest Entities, in January 2003 and revised
 

it in December 2003. Generally, banks with variable interests in
 

variable interest entities created after December 31, 2003, must consolidate them. The timing of consolidation varies with certain situations with application as late as 2005. The assets and liabilities of a
 

consolidated variable interest entity are reported on a line-by-line
 

basis according to the asset and liability categories shown on the
 

bank’s balance sheet, as well as related income items. Most small
 

banks are unlikely to have any “variable interests” in variable interest entities.
 

Goodwill and intangible assets — FAS 141 terminates the use of
 

pooling-of-interest accounting for business combinations after 2001
 

and requires purchase accounting. Under FAS 142 amortization of
 

goodwill is eliminated. Only intangible assets other than goodwill
 

are amortized each quarter. In addition companies are required to
 

test for impairment of both goodwill and other intangibles once
 

each fiscal year. The year 2002, the first fiscal year affected by this
 

accounting change, has been designated a transitional year and the
 

amount of initial impairments are to be recorded as extraordinary
 

losses on a “net of tax” basis (and not as noninterest expense). Subsequent annual review of intangibles and goodwill impairment may
 

require additional noninterest expense recognition. FASB Statement No. 147 clarifies that acquisitions of financial institutions
 

(except transactions between two or more mutual enterprises),
 

including branch acquisitions that meet the definition of a business
 

combination, should be accounted for by the purchase method
 

under FASB Statement No. 141. This accounting standard includes
 

transition provisions that apply to unidentifiable intangible assets
 

previously accounted for in accordance with FASB Statement No.
 

72. If the transaction (such as a branch acquisition) in which an 

unidentifiable intangible asset arose does not meet the definition of 

a business combination, this intangible asset is not be reported as 

“Goodwill” on the Call Report balance sheet. Rather, this unidentifiable intangible asset is reported as “Other intangible assets,” and 

must continue to be amortized and the amortization expense should 

be reported in the Call Report income statement. 

FASB Statement No. 133 Accounting for Derivative Instruments and Hedging Activities — All banks must recognize derivatives as either assets 

or liabilities on the balance sheet, measured at fair value. A derivative may be specifically designated as a “fair value hedge,” a “cash 

flow hedge,” or a hedge of a foreign currency exposure. The 

accounting for changes in the value of a derivative (gains and losses) depends on the intended use of the derivative, its resulting designation, and the effectiveness of the hedge. Derivatives held for 

purposes other than trading are reported as “other assets” (positive 

ALL FDIC-INSURED INSTITUTIONS 17 FIRST QUARTER 2005 
FDIC Quarterly Banking Profile 

fair values) or “other liabilities” (negative fair values). For a fair 

value hedge, the gain or loss is recognized in earnings and “effectively” offsets loss or gain on the hedged item attributable to the risk 

being hedged. Any ineffectiveness of the hedge could result in a net 

gain or loss on the income statement. Accumulated net gains (losses) on cash flow hedges are recorded on the balance sheet as “accumulated other comprehensive income” and the periodic change in 

the accumulated net gains (losses) for cash flow hedges is reflected 

directly in equity as the value of the derivative changes. FASB 

Statement No. 149, Amendment of Statement 133 on Derivative 

Instruments and Hedging Activities provides guidance on the circumstances in which a loan commitment must be accounted for as 

derivative. Under Statement No. 149, loan commitments that relate 

to the origination of mortgage loans that will be held for sale, commonly referred to as interest rate lock commitments, must be 

accounted for as derivatives on the balance sheet by the issuer of the 

commitment. 

Subchapter S Corporations — The Small Business Job Protection Act 

of 1996 changed the Internal Revenue Code to allow financial institutions to elect Subchapter S corporation status, beginning in 1997. 

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. Its 

taxable income flows through to its shareholders in proportion to 

their stock ownership, and the shareholders generally pay federal 

income taxes on their share of this taxable income. This can have 

the effect of reducing institutions’ reported taxes and increasing their 

after-tax earnings. The election of Subchapter S status may result in 

an increase in shareholders’ personal tax liability. Therefore, some S 

corporations may increase the amount of earnings distributed as dividends to compensate for higher personal taxes. The American Jobs 

Creation Act of 2004 increased the number of eligible shareholders 

from 75 to 100 for S Corporations beginning in 2005. 

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, 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 distribution — assessable deposits consist of BIF and 

SAIF deposits in banks’ domestic offices with certain adjustments. 

Each institution’s assessment depends on its assigned risk-based capital category and supervisory risk subgroup: 

Total Tier 1
 

Risk-Based Risk-Based Tier 1 Tangible
 

(Percent) Capital * Capital * Leverage 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. 

For purpose of BIF and SAIF assessments, risk-based assessment rules 

combine the three lowest capital rating categories into a single 

“undercapitalized” group. Supervisory risk subgroup assignments are 

based on supervisory ratings. Generally, the strongest institutions 

(those rated 1 or 2) are in subgroup A, those rated 3 are in subgroup 

B, and those rated 4 or 5 are in subgroup C. 

Assets securitized and sold — total outstanding principal balance of 

assets sold and securitized with servicing retained or other seller-provided credit enhancements. 

BIF-insured deposits (estimated) — the portion of estimated insured 

deposits that is insured by the BIF. For SAIF-member “Oakar” institutions, it is based on the adjusted attributable amount acquired from 

BIF members. 

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. 

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 — a contract 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 — a contract 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 — an obligation between two parties to exchange a series of cash flows at periodic intervals (settlement dates), for a specified period. The cash flows of a swap are either fixed, or determined for each settlement date by multiplying the quantity

(notional principal) of the underlying variable or index by specified reference rates or prices. Except for currency swaps, the

notional principal is used to calculate each payment but is not

exchanged. 

Derivatives underlying risk exposure — the potential exposure characterized by the level of banks’ concentration in particular underlying 

instruments, in general. Exposure can result from market risk, credit 

risk and operational risk, as well as, interest rate risk. 

Domestic deposits to total assets — total domestic office deposits as a 

percent of total assets on a consolidated basis.
 

Earning assets — all loans and other investments that earn interest or
 

dividend income.
 

Efficiency Ratio — Noninterest expense less amortization of intangible
 

assets as a percent of net interest income plus noninterest income.
 

This ratio measures the proportion of net operating revenues that are
 

absorbed by overhead expenses, so that a lower value indicates
 

greater efficiency.
 

Estimated insured deposits — in general, insured deposits are total
 

domestic deposits minus estimated uninsured deposits. While the
 

uninsured estimate is calculated as the sum of the excess amounts in
 

accounts over $100,000, beginning June 30, 2000 the amount of estimated uninsured deposits was adjusted to consider a financial institution’s better estimate. Since March 31, 2002, all institutions provide
 

FIRST QUARTER 2005 18 ALL FDIC-INSURED INSTITUTIONS 
FDIC Quarterly Banking Profile 

a reasonable estimate of uninsured deposits from their systems and 

records. 

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 some insurance funds in order to continue 

operating. 

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. 

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.
 

Mortgage-backed securities — certificates of participation in pools of
 

residential mortgages and collateralized mortgage obligations issued
 

or guaranteed by government-sponsored or private enterprises.
 

Also, see “Securities”, below.
 

Net charge-offs — total loans and leases charged off (removed from
 

balance sheet because of uncollectibility), less amounts recovered on
 

loans and leases previously charged off.
 

Net interest margin — the difference between interest and dividends
 

earned on interest-bearing assets and interest paid to depositors and
 

other creditors, expressed as a percentage of average earning assets.
 

No adjustments are made for interest income that is tax exempt.
 

Net loans to total assets — loans and lease financing receivables, net
 

of unearned income, allowance and reserves, as a percent of total
 

assets on a consolidated basis.
 

Net operating income — income excluding discretionary transactions
 

such as gains (or losses) on the sale of investment securities and
 

extraordinary items. Income taxes subtracted from operating
 

income have been adjusted to exclude the portion applicable to
 

securities gains (or losses).
 

Noncurrent assets — the sum of loans, leases, debt securities and
 

other assets that are 90 days or more past due, or in nonaccrual status. 


Noncurrent loans & leases — the sum of loans and leases 90 days or 

more past due, and loans and leases in nonaccrual status. 

Number of institutions reporting — the number of institutions that 

actually filed a financial report. 

Other borrowed funds — federal funds purchased, securities sold with 

agreements to repurchase, demand notes issued to the U.S. Treasury, 

FHLB advances, other borrowed money, mortgage indebtedness, 

obligations under capitalized leases and trading liabilities, less revaluation losses on assets held in trading accounts. 

Other real estate owned — primarily foreclosed property. Direct and 

indirect investments in real estate ventures are excluded. The 

amount is reflected net of valuation allowances. For institutions 

that file a Thrift Financial Report (TFR), the valuation allowance 

subtracted also includes allowances for other repossessed assets. 

Also, for TFR filers the components of other real estate owned are 

reported gross of valuation allowances. 

Percent of institutions with earnings gains — the percent of institutions 

that increased their net income (or decreased their losses) compared 

to the same period a year earlier. 

“Problem” institutions — federal regulators assign a composite rating 

to each financial institution, based upon an evaluation of financial 

and operational criteria. The rating is based on a scale of 1 to 5 in 

ascending order of supervisory concern. “Problem” institutions are 

those institutions with financial, operational, or managerial weaknesses that threaten their continued financial viability. Depending 

upon the degree of risk and supervisory concern, they are rated 

either a “4” or “5”. For all BIF-member institutions, and for all 

SAIF-member institutions for which the FDIC is the primary federal 

regulator, FDIC composite ratings are used. For all SAIF-member 

institutions whose primary federal regulator is the OTS, the OTS 

composite rating is used. 

Reserves for losses — the allowance for loan and lease losses on a 

consolidated basis. Between March 31, 2001 and March 31, 2003 

reserves for losses did not include the allocated transfer risk reserve, 

which was netted from loans and leases. 

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 — net income (including gains or losses on securities and extraordinary items) as a percentage of average total assets.
 

The basic yardstick of bank profitability.
 

Return on equity — net income (including gains or losses on securities and extraordinary items) as a percentage of average total equity
 

capital.
 

Risk-weighted assets — assets adjusted for risk-based capital definitions which include on-balance-sheet as well as off-balance-sheet
 

items multiplied by risk-weights that range from zero to 100 percent.
 

A conversion factor is used to assign a balance sheet equivalent
 

amount for selected off-balance-sheet accounts.
 

SAIF-insured deposits (estimated) — the portion of estimated insured
 

deposits that is insured by the SAIF. For BIF-member “Oakar” institutions, it is based on the adjusted attributable amount acquired
 

from SAIF members.
 

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-to-maturity
 

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.
 

Troubled real estate asset rate — noncurrent real estate loans plus
 

other real estate owned as a percent of total real estate loans and
 

other real estate owned.
 

Trust assets — market value, or other reasonably available value of
 

fiduciary and related assets, to include marketable securities, and
 

other financial and physical assets. Common physical assets held
 

in fiduciary accounts include real estate, equipment, collectibles,
 

and household goods. Such fiduciary assets are not included in
 

the assets of the financial institution.
 

Unearned income & contra accounts — unearned income for Call 

Report filers only. 

Unused loan commitments — includes credit card lines, home equity 

lines, commitments to make loans for construction, loans secured by 

commercial real estate, and unused commitments to originate or 

purchase loans. (Excluded are commitments after June 2003 for 

originated mortgage loans held for sale, which are accounted for as 

derivatives on the balance sheet.) 

Volatile liabilities — the sum of large-denomination time deposits, 

foreign-office deposits, federal funds purchased, securities sold under 

agreements to repurchase, and other borrowings. 

Yield on earning assets — total interest, dividend and fee income 

earned on loans and investments as a percentage of average earning 

assets. 

ALL FDIC-INSURED INSTITUTIONS 19 FIRST QUARTER 2005 
The FDIC Quarterly Banking Profile is published quarterly by the Division of Insurance and Research of the Federal 

Deposit Insurance Corporation. Single copy subscriptions of the FDIC Quarterly Banking Profile can be obtained 

through the FDIC Public Information Center, 801 17th Street, NW, Washington, DC 20434; Telephone (202) 416-6940 

or (877) 275-3342; or Email: publicinfo@fdic.gov. 

The FDIC Quarterly Banking Profile is available on-line by visiting the FDIC’s website at www.fdic.gov. Comparable 

financial data for individual institutions can now be obtained from the FDIC’s Institution Directory (I.D.) System on 

this web site. 

Chairman Donald E. Powell 

Director, Division of Insurance 

and Research 

Arthur J. Murton 

Media Inquiries (202) 898-6993

Authors Richard Brown 

Associate Director, Risk Analysis Branch 

Chief Economist, FDIC 

(202) 898-3927

Kevin Brown 

(202) 898-6817

Ross Waldrop 

(202) 898-3951