FDIC Quarterly

Quarterly Banking Profile:

First Quarter 2012

Highlights:

■ Net Income of $35.3 Billion Is Highest Since 

Second Quarter 2007 

■ Reduced Loss Provisions and Higher Noninterest 

Income Contribute to Earnings Improvement 

■ Loan Balances Decline for First Time in Four Quarters 

■ DIF Reserve Ratio Rises 5 Basis Points to 0.22 Percent

■ $1.3 Trillion Temporarily Insured in 

Noninterest-Bearing Transaction Accounts

2012, Volume 6, Number 2
Chairman (Acting) Martin J. Gruenberg

Director, Division of Insurance Arthur J. Murton

  and Research

Executive Editors Rae-Ann Miller

Maureen E. Sweeney

Managing Editors Richard A. Brown

Diane L. Ellis

Paul H. Kupiec

Christopher J. Newbury

Editor Frank Solomon

Publication Manager Lynne Montgomery

Media Inquiries (202) 898-6993

The FDIC Quarterly is published by the Division of Insurance and Research of the Federal Deposit 

Insurance Corporation and contains a comprehensive summary of the most current financial results 

for the banking industry. Feature articles appearing in the FDIC Quarterly range from timely analysis 

of economic and banking trends at the national and regional level that may affect the risk exposure of 

FDIC-insured institutions to research on issues affecting the banking system and the development of 

regulatory policy.

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2012, Volume 6, Number 2

FDIC Quarterly

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

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

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

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

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

Quarterly Banking Profile: First Quarter 2012

FDIC-insured institutions reported an aggregate profit of $35.3 billion in the first quarter of 2012, a $6.6 billion 

improvement from the $28.8 billion in net income the industry reported in the first quarter of 2011. This is the 

11th consecutive quarter that earnings have registered a year-over-year i ncrease. However, loan balances 

declined by $56.3 billion (0.8 percent) after three consecutive quarterly increases. See page 1.

Insurance Fund Indicators

Estimated insured deposits (based on $250,000 coverage) increased by 0.7 percent during the first quarter of 

2012. The Deposit Insurance Fund reserve ratio was 0.22 percent on March 31, 2012, up from 0.17 percent 

at December 31, 2011, and -0.02 percent four quarters earlier. Sixteen FDIC-insured institutions failed 

during the quarter. See page 15.

FDIC Quarterly 1 2012, Volume 6, No. 2

Quarterly Banking Profile First Quarter 2012

Earnings Rise to Post-Crisis High

FDIC-insured commercial banks and savings institutions reported $35.3 billion in net income for first quarter 2012. This represents a $6.6 billion (22.9 percent) 

improvement over first quarter 2011 results, and is the 

highest quarterly net income reported by the industry 

since second quarter 2007. The average return on assets 

(ROA) rose above the 1 percent threshold for only the 

second time since second quarter 2007 (third quarter 

2011 ROA was 1.03 percent). Quarterly net income has 

now improved year over year for 11 consecutive quarters. More than two-thirds of all institutions (67.5 

percent) reported year-over-year improvement in their 

quarterly earnings, and only 10.3 percent were unprofitable, the lowest level since second quarter 2007.

Revenues Receive a Boost from Loan Sales

Net operating revenue (the sum of net interest income 

and total noninterest income) increased year over year 

for only the second time in the last five quarters, rising 

by $5 billion (3.1 percent). Noninterest income totaled 

$63 billion, an increase of $4.6 billion (8 percent) from 

first quarter 2011. Gains on loan sales were $2.3 billion 

(132.4 percent) higher than a year earlier, income 

resulting from changes in fair values of financial instruments was $881 million (38.2 percent) higher, income 

from fiduciary activities was up by $413 million (6.2 

percent), and service charges on deposit accounts were 

$194 million (2.4 percent) above the level of a year 

ago. Net interest income was $378 million (0.4 

percent) higher, even though the quarterly average net 

interest margin declined year over year from 3.66 

percent to 3.52 percent. Almost two out of every three 

banks—63.9 percent—reported year-over-year increases 

in net operating revenue. In addition to the contribution from increased net operating revenue, first-quarter 

earnings received a boost from higher realized gains on 

investment securities and other assets, which were 

$2 billion more than a year earlier.

■ Net Income of $35.3 Billion Is Highest Since Second Quarter 2007

■ Reduced Loss Provisions and Higher Noninterest Income 

Contribute to Earnings Improvement

■ Loan Balances Decline for First Time in Four Quarters

■ Failures Decline to Lowest Level in Over Three Years

INSURED INSTITUTION PERFORMANCE

Quarterly Net Income, 2008–2012

Billions of Dollars

-$40

-$30

-$20

-$10

$0

$10

$20

$30

$40

$50

$60

1 2 3412 3412 3 4 1 2 3 4 1

19.3

4.8 0.9

-37.8

-6.1

-12.6

2008 2009

2.1

-1.7

2010

17.4 20.9 23.8 21.4

28.8

2011

28.5

35.3

25.5

35.3

2012

Securities and Other Gains/Losses, Net

Net Operating Income

Chart 1 Chart 2

More Banks Are Improving Their Earnings,

While Fewer Are Unprotable

Percentage of Institutions with

Year-Over-Year Quarterly Income Growth

Percentage of Institutions with Quarterly Losses

Percentage of All Insured Institutions

0

10

20

30

40

50

60

70

80

1 2 3 4 1 2 3 4 1 2 3 4 1 2 3412341234 1

2006 2007 2008 2009 2010 2011 2012
FDIC Quarterly 2 2012, Volume 6, No. 2

Chart 4

Quarterly Net Interest Margins, 2000–2012

Percent

2.0

2.5

3.0

3.5

4.0

4.5

2000 2002 2004 2006 2008 2010 2012

Assets < $1 Billion

Assets $1 Billion - $10 Billion

Assets $10 Billion - $100 Billion

Assets > $100 Billion

Loan-Loss Provisions Continue to Fall

Provisions for loan-and-lease losses fell for a tenth 

consecutive quarter, declining by $6.6 billion (31.6 

percent) from first quarter 2011 levels. The $14.3 

billion that banks set aside in provisions was the smallest quarterly total since second quarter 2007. Slightly 

fewer than half of all institutions (45.8 percent) 

reported lower loss provisions, while fewer than one in 

three (32 percent) increased their provisions over first 

quarter 2011 levels.

Loan Losses Improve in All Major Loan Categories

Loan losses declined from year-ago levels for a seventh 

consecutive quarter. Net charge-offs (NCOs) totaled 

$21.8 billion in the first quarter, the lowest quarterly 

total in four years, and $11.7 billion (34.8 percent) less 

than in first quarter 2011. Charge-offs were lower in all 

major loan categories. The largest year-over-year 

declines were in credit cards, where NCOs fell by $4.3 

billion (37.7 percent); in real estate construction and 

land loans, where NCOs were $1.8 billion (60.6 

percent) lower; and in commercial and industrial (C&I) 

loans, where NCOs declined by $1.5 billion (44.4 

percent).

Noncurrent Loans Decline to Three-Year Low

The amount of loans and leases that were noncurrent—90 days or more past due or in nonaccrual 

status—fell for the eighth quarter in a row, declining by 

$1 billion (0.3 percent). At $305 billion, noncurrent 

loans are at their lowest level in three years. Noncurrent levels declined in most major loan categories; 

however, noncurrent loans secured by 1-4 family residential real estate properties increased by $7.5 billion 

(4.1 percent) as a result of the application of more 

stringent methodologies for recognizing impairment in 

junior-lien mortgages, as well as a $10 billion (14.3 

percent) increase in noncurrent rebooked “GNMA 

loans” that carry federal guarantees.1 Excluding 

rebooked GNMAs, noncurrent first-lien mortgage 

balances declined by $7.2 billion (7.2 percent) during 

the quarter. Noncurrent real estate construction and 

land loans declined by $3.7 billion (11.4 percent), 

noncurrent C&I loans fell by $1.4 billion (7.9 percent), 

and noncurrent loans secured by nonfarm nonresidential real estate properties declined by $1.3 billion (3.2 

percent).

1

 See GNMA Buy-Back Option in Notes to Users.

Chart 3

Provisions Declined While Revenues Rose

in First Quarter 2012

Billions of Dollars

Quarterly Loan-Loss Provisions

$0

$20

$40

$60

$80

$100

$120

$140

$160

$180

1234123412341234 1 2 3 4 1

2007 2008 2009 2010

*Net operating revenue = net interest income + noninterest income

2011 2012 

Quarterly Net Operating Revenue*
FDIC Quarterly 3 2012, Volume 6, No. 2

Quarterly Banking Profile

matched an all-time high of 9.2 percent at the end of 

the quarter, while the average tier 1 risk-based capital 

ratio set a record of 13.28 percent. The total risk-based 

capital ratio rose from 15.31 percent to 15.52 percent 

during the quarter, almost matching the all-time high of 

15.53 percent registered a year ago.

Loan Balances Decline While Other Assets Increase

Total assets of insured institutions increased by only 

$40.9 billion (0.3 percent), as total loan and lease 

balances declined by $56.3 billion (0.8 percent), and 

Fed funds sold and securities purchased under resale 

agreements fell by $13.3 billion (2.9 percent). Banks’ 

holdings of mortgage-backed securities increased by 

$84.6 billion (5.1 percent), while investments in state 

and municipal securities increased by $7.7 billion (3.5 

percent). Balances due from Federal Reserve Banks 

increased by $60 billion (8.9 percent). Loan balances 

declined in most major categories during the quarter, 

led by credit cards, which had a seasonal drop of $38.2 

billion (5.6 percent). Closed-end 1-4 family residential 

real estate loan balances fell by $19.2 billion (1 

percent), home equity lines of credit declined by $13.1 

billion (2.2 percent), and real estate construction and 

land loans fell by $11.7 billion (4.9 percent). Small 

business and farm loan balances declined by $10.8 

billion (1.6 percent). The only major loan categories 

posting increases in the quarter were C&I loans (up 

$27.3 billion, or 2 percent), and auto loans (up $4.5 

billion, or 1.5 percent).

Large Banks Reduce Reserves Further

Banks’ reserves for loan losses declined by $8 billion 

(4.2 percent) during the quarter, as net charge-offs of 

$21.8 billion exceeded loss provisions of $14.3 billion. 

This is the eighth consecutive quarter that industry 

reserves have fallen; at $183.1 billion, they are $80 

billion (30.4 percent) below the peak level of two years 

ago, and their lowest level since year-end 2008. More 

institutions added to their reserves than reduced them 

(58.7 percent to 33.4 percent), but the magnitude of 

the reductions surpassed the additions. Almost 90 

percent of the largest banks—institutions with more 

than $100 billion in assets—reduced their reserves in 

the first quarter. The reduction in reserves, combined 

with the modest decrease in noncurrent loan balances, 

meant that the industry’s “coverage ratio” of reserves to 

noncurrent loans declined for a third consecutive quarter, falling from 62.5 percent to 60 percent.

Capital Levels Are at or Near Record Levels

Banks added to their capital in the quarter, as bank 

equity increased by $18.1 billion (1.2 percent) and tier 

1 leverage capital rose by $15.1 billion (1.2 percent). 

Retained earnings contributed $14.3 billion to the 

increase in capital, up from $13.6 billion in first quarter 

2011. Banks paid $21 billion in dividends, an increase 

of $5.9 billion (38.9 percent) from a year ago. The average levels of all three regulatory capital ratios rose 

during the quarter. The average leverage capital ratio 

Chart 5

Indicators of Asset Quality Continue to Improve

Billions of Dollars

-$40

-$20

$0

$20

$40

$60

$80

$100

$120

1234 1234 123412341 2341

Quarterly Change in Noncurrent Loans

Quarterly Net Charge-Offs

2007 2008 2009 2010 2011 2012

Chart 6

Quarterly Change in Total Loan Balances, 2007–2012

43.4

188.9

237.3

202.6

61.4

28.1

-6.3

-116.2-139.6

-108.6

-210.1

-133.3 -106.9

-6.6 -13.9

-126.0

64.4

21.8

131.6

-56.3

221.0*

-$250

-$200

-$150

-$100

-$50

$0

$50

$100

$150

$200

$250

$300

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

Billions of Dollars

2007 2008 2009 2010

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

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

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

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

2011 2012
FDIC Quarterly 4 2012, Volume 6, No. 2

Only 16 Banks Fail in the First Quarter

The number of insured institutions reporting quarterly 

financial results declined to 7,307, from 7,357 at yearend 2011. Two institutions’ financial reports had not 

been received at the time this publication was prepared. 

Mergers absorbed 27 institutions during the quarter, 

while 16 insured institutions failed. This is the smallest 

number of bank failures in a quarter since fourth quarter 

2008, when there were 12 failures. For the second quarter in a row, no new reporters were added. In the last 

five quarters, the only new charters that have been 

added have been charters created to absorb or liquidate 

failed banks. The number of insured institutions on the 

FDIC’s “Problem List” declined from 813 to 772 during 

the quarter, and assets of “problem” banks fell from 

$319 billion to $292 billion. The number of “problem” 

institutions has fallen in each of the last four quarters, 

and is now at its lowest level since year-end 2009.

Author: Ross Waldrop, Senior Banking Analyst

Division of Insurance and Research

(202) 898-3951

Deposits Continue to Replace Other Liabilities

Deposits in domestic offices increased by only $67.8 

billion (0.8 percent) after rising by more than $200 

billion in each of the previous three quarters. In 

contrast to those quarters, when much of the deposit 

growth occurred in large-denomination noninterestbearing accounts, much of the domestic deposit growth 

in first quarter 2012 consisted of smaller-denomination 

interest-bearing deposits. Deposits in foreign offices, 

which had fallen in each of the previous three quarters, 

increased by $6.9 billion (0.5 percent). For the sixth 

consecutive quarter, insured institutions reduced their 

nondeposit liabilities by $52 billion (2.4 percent). 

Federal Home Loan Bank advances fell by $21.7 billion 

(6.6 percent), while trading liabilities declined by $25.6 

billion (8.2 percent).

Chart 7

Balances Are Still Falling in Most

Major Loan Categories

-40

-30

-20

-10

0

10

20

30

40

2000 2002 2004 2006 2008 2010 2012

Secured by 1-4 Family Residential Properties

Nonfarm Nonresidential Real Estate

C&I Loans

Construction & Development

Loans to Individuals*

12-Month Growth Rate

(Percent)

* Data from 4th quarter 2009 through 4th quarter 2010 are omitted because of the

distorting effect of accounting rule changes.

Chart 8

Quarterly Changes in the Number

of Troubled Institutions

11 14 27

54

81

53

111

136 150

73 54

31 24

-23 -21 -31 -41

9

12

21

24

50

45

41

45

41

30

26 22 26 18 16

2

2 1 1 0 1

-50

-25

0

25

50

75

100

125

150

175

200

1 2 3 4 12341234123 412 3 4 1

2007 2008 2009 2010 2011 2012

4 8 3 4

Quarterly Failures

Net Quarterly Change in

Number of Problem Banks
FDIC Quarterly 5 2012, Volume 6, No. 2

Quarterly Banking Profile

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

Return on assets (%)������������������������������������������������������������������������������������������������������ 1.02 0.86 0.88 0.65 -0.07 0.

Return on equity (%)������������������������������������������������������������������������������������������������������� 9.07 7.68 7.81 5.85 -0.72 0.

Core capital (leverage) ratio (%) ������������������������������������������������������������������������������������ 9.20 9.13 9.08 8.89 8.60 7.

Noncurrent assets plus other real estate owned to assets (%) ������������������������������������ 2.53 2.96 2.55 3.11 3.36 1.

Net charge-offs to loans (%) ������������������������������������������������������������������������������������������ 1.17 1.83 1.55 2.55 2.52 1.

Asset growth rate (%) ����������������������������������������������������������������������������������������������������� 3.81 0.59 4.25 1.77 -5.45 6.

Net interest margin (%)��������������������������������������������������������������������������������������������������� 3.52 3.66 3.60 3.76 3.49 3.

Net operating income growth (%)����������������������������������������������������������������������������������� 17.31 77.42 43.92 1602.39 -155.69 -90.71

Number of institutions reporting������������������������������������������������������������������������������������� 7,307 7,574 7,357 7,658 8,012 8,305 8,534

Commercial banks��������������������������������������������������������������������������������������������������� 6,263 6,453 6,290 6,530 6,840 7,087 7,284

Savings institutions ������������������������������������������������������������������������������������������������� 1,044 1,121 1,067 1,128 1,172 1,218 1,250

Percentage of unprofitable institutions (%)�������������������������������������������������������������������� 10.33 15.69 16.03 22.09 30.84 24.

Number of problem institutions �������������������������������������������������������������������������������������� 772 888 813 884 702 252 76

Assets of problem institutions (in billions) ��������������������������������������������������������������������� $292 $397 $319 $390 $403 $159 $22

Number of failed institutions������������������������������������������������������������������������������������������� 16 26 92 157 140 25 3

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

* Excludes insured branches of foreign banks (IBAs)

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

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

(dollar figures in millions)  1st Quarter

2012

4th Quarter

2011

1st Quarter

2011

%Change 

11Q1-12Q1

Number of institutions reporting������������������������������������������������������������������������������������� 7,307 7,357 7,574 -3.

Total employees (full-time equivalent)��������������������������������������������������������������������������� 2,102,226 2,108,565 2,094,710 0.

CONDITION DATA

Total assets��������������������������������������������������������������������������������������������������������������������� $13,926,006 $13,885,136 $13,414,301 3.

Loans secured by real estate���������������������������������������������������������������������������������� 4,086,253 4,128,591 4,159,323 -1.

 1-4 Family residential mortgages �������������������������������������������������������������������� 1,858,794 1,878,032 1,836,303 1.

 Nonfarm nonresidential������������������������������������������������������������������������������������ 1,056,998 1,060,102 1,065,252 -0.

 Construction and development 228,339 240,041 295,268 -22.

 Home equity lines��������������������������������������������������������������������������������������������� 590,319 603,406 623,990 -5.

Commercial & industrial loans �������������������������������������������������������������������������������� 1,374,032 1,346,688 1,202,978 14.

Loans to individuals������������������������������������������������������������������������������������������������� 1,266,321 1,307,619 1,275,189 -0.

 Credit cards ������������������������������������������������������������������������������������������������������ 649,569 687,754 663,153 -2.

Farm loans��������������������������������������������������������������������������������������������������������������� 58,271 61,380 55,033 5.

Other loans & leases����������������������������������������������������������������������������������������������� 628,085 624,545 558,857 12.

Less: Unearned income ������������������������������������������������������������������������������������������ 2,100 1,696 1,991 5.

Total loans & leases ������������������������������������������������������������������������������������������������ 7,410,862 7,467,126 7,249,388 2.

Less: Reserve for losses����������������������������������������������������������������������������������������� 183,124 191,160 218,471 -16.

Net loans and leases����������������������������������������������������������������������������������������������� 7,227,738 7,275,966 7,030,917 2.

Securities����������������������������������������������������������������������������������������������������������������� 2,930,575 2,850,336 2,723,254 7.

Other real estate owned������������������������������������������������������������������������������������������ 44,801 46,061 52,424 -14.

Goodwill and other intangibles ������������������������������������������������������������������������������� 371,415 368,030 394,456 -5.

All other assets�������������������������������������������������������������������������������������������������������� 3,351,476 3,344,743 3,213,249 4.

Total liabilities and capital ���������������������������������������������������������������������������������������������� 13,926,006 13,885,136 13,414,301 3.

Deposits������������������������������������������������������������������������������������������������������������������� 10,260,972 10,186,240 9,602,458 6.

 Domestic office deposits���������������������������������������������������������������������������������� 8,825,663 8,757,848 7,991,207 10.

 Foreign office deposits������������������������������������������������������������������������������������� 1,435,309 1,428,392 1,611,252 -10.

Other borrowed funds ��������������������������������������������������������������������������������������������� 1,381,618 1,414,211 1,629,873 -15.

Subordinated debt��������������������������������������������������������������������������������������������������� 129,351 133,050 139,862 -7.

All other liabilities ���������������������������������������������������������������������������������������������������� 566,467 582,162 513,888 10.

Total equity capital (includes minority interests)���������������������������������������������������� 1,587,598 1,569,474 1,528,218 3.

 Bank equity capital������������������������������������������������������������������������������������������� 1,569,272 1,551,146 1,509,436 4.

Loans and leases 30-89 days past due������������������������������������������������������������������������� 89,833 100,900 110,572 -18.

Noncurrent loans and leases ����������������������������������������������������������������������������������������� 304,999 306,046 341,877 -10.

Restructured loans and leases �������������������������������������������������������������������������������������� 124,087 129,457 114,944 8.

Mortgage-backed securities ������������������������������������������������������������������������������������������ 1,730,470 1,645,868 1,519,069 13.

Earning assets���������������������������������������������������������������������������������������������������������������� 12,181,610 12,066,711 11,649,027 4.

FHLB Advances�������������������������������������������������������������������������������������������������������������� 305,822 327,526 358,087 -14.

Unused loan commitments��������������������������������������������������������������������������������������������� 5,845,189 5,745,367 5,809,531 0.

Trust assets��������������������������������������������������������������������������������������������������������������������� 17,071,774 16,523,951 17,149,597 -0.

Assets securitized and sold***��������������������������������������������������������������������������������������� 989,627 944,666 981,493 0.

Notional amount of derivatives***���������������������������������������������������������������������������������� 230,365,262 231,879,967 246,007,676 -6.

INCOME DATA

Full Year

 2011

Full Year

 2010 %Change

1st Quarter 

2012

1st Quarter 

2011

%Change 

11Q1-12Q1

Total interest income ������������������������������������������������������������������� $507,374 $536,906 -5.5 $124,439 $129,389 -3

Total interest expense ����������������������������������������������������������������� 84,808 106,886 -20.7 17,817 23,146 -23

Net interest income �������������������������������������������������������������� 422,566 430,020 -1.7 106,621 106,243 0

Provision for loan and lease losses �������������������������������������������� 77,304 158,005 -51.1 14,290 20,898 -31

Total noninterest income������������������������������������������������������������� 230,131 235,670 -2.4 63,012 58,366 8

Total noninterest expense����������������������������������������������������������� 411,714 391,802 5.1 106,469 102,017 4

Securities gains (losses)������������������������������������������������������������� 5,511 9,129 -39.6 1,876 -124 N/

Applicable income taxes ������������������������������������������������������������� 50,621 38,414 31.8 15,362 12,763 20

Extraordinary gains, net�������������������������������������������������������������� 926 -450 N/M 114 106 7.

Total net income (includes minority interests)��������������������� 119,496 86,149 38.7 35,502 28,913 22

 Bank net income������������������������������������������������������������ 118,671 85,496 38.8 35,332 28,753 22

Net charge-offs���������������������������������������������������������������������������� 113,170 187,666 -39.7 21,812 33,476 -34

Cash dividends ���������������������������������������������������������������������������� 77,900 53,904 44.5 21,034 15,138 39

Retained earnings ����������������������������������������������������������������������� 40,771 31,592 29.1 14,298 13,615 5

Net operating income����������������������������������������������������������� 114,484 79,548 43.9 34,005 28,988 17

*** Prior to 2012, does not include data for insured savings institutions that file Thrift Financial Reports. Beginning in 2012, all insured institutions file Call Reports. N/M - Not Meaning
FDIC Quarterly 6 2012, Volume 6, No. 2

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

Asset Concentration Groups*

FIRST QUARTER

(The way it is...)

All Insured 

Institutions

Credit 

Card 

Banks

International 

Banks

Agricultural 

Banks

Commercial 

Lenders

Mortgage 

Lenders

Consumer 

Lenders

Other 

Specialized 

<$1 Billion

All Other 

<$1 Billion

All Other 

>$1 Billion

Number of institutions reporting����������������������� 7,307 18 5 1,491 3,681 714 52 426 851 69

Commercial banks������������������������������������� 6,263 14 5 1,470 3,324 208 40 394 750 58

Savings institutions ����������������������������������� 1,044 4 0 21 357 506 12 32 101 11

Total assets (in billions)������������������������������������ $13,926.0 $558.8 $3,660.5 $212.4 $4,069.9 $810.9 $98.5 $67.6 $152.

Commercial banks������������������������������������� 12,781.0 494.2 3,660.5 208.2 3,733.7 251.1 39.6 61.3 126

Savings institutions ����������������������������������� 1,145.0 64.6 0.0 4.2 336.2 559.9 58.8 6.3

Total deposits (in billions)��������������������������������� 10,261.0 295.5 2,504.8 177.2 3,168.5 624.2 85.1 54.5 128

Commercial banks������������������������������������� 9,383.0 256.3 2,504.8 174.7 2,918.3 184.2 32.6 49.9 106

Savings institutions ����������������������������������� 877.9 39.2 0.0 2.5 250.2 440.0 52.5 4.6

Bank net income (in millions) ��������������������������� 35,332 4,709 7,814 667 8,513 1,617 430 287 376 10,918

Commercial banks������������������������������������� 32,535 3,830 7,814 639 7,913 818 224 195 335 10,767

Savings institutions ����������������������������������� 2,797 880 0 27 599 800 206 93 41 151

Performance Ratios (annualized, %)

Yield on earning assets������������������������������������ 4.11 10.97 3.34 4.55 4.40 3.55 5.25 3.47

Cost of funding earning assets ������������������������ 0.59 0.95 0.57 0.79 0.66 0.78 0.77 0.61

Net interest margin������������������������������������ 3.52 10.02 2.76 3.76 3.74 2.78 4.48 2.86

Noninterest income to assets��������������������������� 1.82 3.62 2.11 0.63 1.21 0.78 2.08 3.60

Noninterest expense to assets������������������������� 3.07 5.69 3.06 2.50 3.04 1.87 2.77 3.98

Loan and lease loss provision to assets���������� 0.41 1.82 0.26 0.14 0.38 0.37 0.94 0.08

Net operating income to assets ����������������������� 0.98 3.34 0.84 1.22 0.81 0.76 1.77 1.62

Pretax return on assets ������������������������������������ 1.46 5.24 1.15 1.49 1.16 1.20 2.71 2.29

Return on assets����������������������������������������������� 1.02 3.33 0.85 1.27 0.84 0.81 1.78 1.73

Return on equity ����������������������������������������������� 9.07 21.86 9.45 11.21 7.25 7.61 18.59 12.42

Net charge-offs to loans and leases���������������� 1.17 4.18 1.48 0.17 0.76 0.95 1.55 0.25

Loan and lease loss provision to 

net charge-offs ������������������������������������������ 65.51 53.51 51.49 137.73 75.37 70.49 83.94 110.98 10

Efficiency ratio �������������������������������������������������� 61.67 43.10 67.58 60.78 66.20 54.71 42.63 63.67 7

% of unprofitable institutions���������������������������� 10.33 0.00 0.00 4.02 13.77 11.20 9.62 8.69

% of institutions with earnings gains���������������� 67.50 61.11 60.00 70.36 69.60 58.68 61.54 59.86 6

Condition Ratios (%)

Earning assets to total assets �������������������������� 87.47 91.24 85.16 92.07 89.24 94.08 96.41 91.62 9

Loss allowance to:

Loans and leases �������������������������������������� 2.47 4.72 3.60 1.64 2.00 1.39 1.94 2.08

Noncurrent loans and leases �������������������� 60.04 294.26 85.35 97.43 59.43 37.54 121.59 76.88 7

Noncurrent assets plus

other real estate owned to assets������������� 2.53 1.29 1.55 1.40 2.88 2.40 1.17 1.16

Equity capital ratio�������������������������������������������� 11.27 15.17 9.14 11.29 11.67 10.63 9.56 13.80 1

Core capital (leverage) ratio ���������������������������� 9.20 13.06 7.35 10.17 10.07 9.85 9.43 12.60 

Tier 1 risk-based capital ratio��������������������������� 13.28 14.58 12.46 14.98 13.18 20.76 13.11 28.18 1

Total risk-based capital ratio ���������������������������� 15.52 17.01 15.02 16.14 14.99 21.78 14.22 29.30 1

Net loans and leases to deposits��������������������� 70.44 144.96 48.53 69.55 82.64 70.40 80.33 34.99 6

Net loans to total assets ���������������������������������� 51.90 76.67 33.21 58.02 64.34 54.19 69.45 28.20 5

Domestic deposits to total assets �������������������� 63.38 49.38 37.46 83.42 77.16 76.89 86.44 80.02 8

Structural Changes

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

Institutions absorbed by mergers ������������� 27 0 1 4 18 3 0 0 1 0

Failed institutions �������������������������������������� 16 0 0 0 14 2 0 0 0 0

PRIOR FIRST QUARTERS

(The way it was...)

Number of institutions ������������������������������2011 7,574 21 4 1,531 3,983 699 72 354 844 66

������������������������������������� 2009 8,247 25 5 1,524 4,680 838 80 305 745 45

������������������������������������� 2007 8,649 26 4 1,617 4,719 798 115 403 906 61

Total assets (in billions)����������������������������2011 $13,414.3 $676.3 $3,164.6 $200.3 $4,084.5 $795.8 $118.4 $51.8 $137.

������������������������������������� 2009 13,526.2 464.0 3,203.0 165.4 6,002.0 1,100.9 73.2 36.2 103

������������������������������������� 2007 11,982.3 407.2 2,435.7 149.0 4,757.4 1,507.4 99.4 45.7 119

Return on assets (%)��������������������������������2011 0.86 3.68 0.60 1.04 0.59 0.48 1.33 1.34

������������������������������������� 2009 -0.18 -11.26 0.61 0.73 -0.19 0.54 0.08 0.30

������������������������������������� 2007 1.20 3.84 0.93 1.19 1.14 0.91 1.77 2.03

Net charge-offs to loans & leases (%) �����2011 1.83 6.67 1.96 0.31 1.34 0.98 1.77 0.76

������������������������������������� 2009 1.94 8.57 2.42 0.52 1.45 1.05 2.56 0.43

������������������������������������� 2007 0.45 3.86 0.57 0.14 0.23 0.21 1.43 0.18

Noncurrent assets plus 

OREO to assets (%) ��������������������������2011 2.96 1.72 2.01 1.64 3.59 2.93 1.22 0.93

������������������������������������� 2009 2.40 2.63 2.00 1.48 2.82 3.04 0.99 0.62

������������������������������������� 2007 0.57 1.32 0.41 0.78 0.62 0.67 0.55 0.18

Equity capital ratio (%)������������������������������2011 11.25 16.03 8.72 10.95 11.60 10.30 10.81 15.07 1

������������������������������������� 2009 10.05 21.57 8.44 11.05 10.26 8.92 9.25 16.24 

������������������������������������� 2007 10.58 24.50 7.67 10.87 11.32 10.15 10.25 20.27 

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

Note: Blue font identifies data that are included in the prior quarter data at bottom of table
FDIC Quarterly 7 2012, Volume 6, No. 2

Quarterly Banking Profile

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

Asset Size Distribution Geographic Regions*

FIRST QUARTER

(The way it is...)

All Insured 

Institutions

Less than 

$100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to 

$10 Billion

Greater 

than 

$10 Billion New York Atlanta Chicago

Kansas 

City Dallas

San 

Francisco

Number of institutions reporting����������������������������� 7,307 2,367 4,276 557 107 906 945 1,543 1,767 1,533 613

Commercial banks������������������������������������������� 6,263 2,101 3,637 437 88 481 842 1,279 1,676 1,427 558

Savings institutions ����������������������������������������� 1,044 266 639 120 19 425 103 264 91 106 55

Total assets (in billions)������������������������������������������ $13,926.0 $137.4 $1,283.8 $1,419.9 $11,085.0 $2,823.3 $2,918.0 $3,208.8 $2,967.8 $831

Commercial banks������������������������������������������� 12,781.0 122.2 1,062.4 1,120.3 10,476.0 2,258.5 2,819.6 3,089.6 2,907.1 

Savings institutions ����������������������������������������� 1,145.0 15.2 221.3 299.5 609.0 564.8 98.4 119.2 60.6

Total deposits (in billions)��������������������������������������� 10,261.0 117.0 1,072.9 1,104.0 7,967.1 2,024.4 2,215.7 2,259.8 2,218.5 

Commercial banks������������������������������������������� 9,383.0 104.8 895.2 875.0 7,508.1 1,594.8 2,142.1 2,169.0 2,169.6 

Savings institutions ����������������������������������������� 877.9 12.2 177.7 229.0 459.0 429.5 73.6 90.8 48.9

Bank net income (in millions) ��������������������������������� 35,332 258 2,674 3,741 28,659 6,868 6,063 7,389 7,982 2,333 4,697

Commercial banks������������������������������������������� 32,535 242 2,340 3,067 26,886 6,133 5,952 7,165 7,822 1,978 3,486

Savings institutions ����������������������������������������� 2,797 16 334 675 1,773 735 111 224 159 356 1,211

Performance Ratios (annualized, %)

Yield on earning assets������������������������������������������ 4.11 4.59 4.59 4.62 3.97 4.36 3.88 3.39 4.5

Cost of funding earning assets ������������������������������ 0.59 0.80 0.84 0.75 0.53 0.66 0.49 0.52 0.6

Net interest margin������������������������������������������ 3.52 3.79 3.75 3.87 3.44 3.69 3.38 2.87 3.8

Noninterest income to assets��������������������������������� 1.82 0.97 1.04 1.29 1.98 1.52 1.80 2.18 1.8

Noninterest expense to assets������������������������������� 3.07 3.38 3.13 3.00 3.06 2.92 3.17 3.27 3.0

Loan and lease loss provision to assets���������������� 0.41 0.20 0.35 0.40 0.42 0.41 0.47 0.22 0.5

Net operating income to assets ����������������������������� 0.98 0.70 0.78 1.02 1.00 0.95 0.73 0.86 1.1

Pretax return on assets ������������������������������������������ 1.46 0.89 1.08 1.45 1.51 1.47 1.20 1.25 1.5

Return on assets����������������������������������������������������� 1.02 0.76 0.84 1.06 1.04 0.97 0.83 0.92 1.0

Return on equity ����������������������������������������������������� 9.07 6.41 7.86 9.06 9.24 7.80 6.94 10.57 9.73 

Net charge-offs to loans and leases���������������������� 1.17 0.36 0.57 0.80 1.33 1.35 1.28 0.90 1.4

Loan and lease loss provision to 

net charge-offs ������������������������������������������������ 65.51 98.98 96.63 79.08 62.23 56.93 65.35 53.06 74.38 

Efficiency ratio �������������������������������������������������������� 61.67 76.46 69.63 61.90 60.65 59.60 66.81 69.56 56.10 

% of unprofitable institutions���������������������������������� 10.33 14.28 8.84 6.28 3.74 10.15 17.88 11.02 7.19

% of institutions with earnings gains���������������������� 67.50 62.02 69.69 74.33 65.42 61.81 66.98 67.14 70.01 

Condition Ratios (%)

Earning assets to total assets ��������������������������������� 87.47 90.95 91.83 90.71 86.51 88.05 85.83 86.36 86.91 

Loss allowance to:

Loans and leases ��������������������������������������������� 2.47 1.82 1.88 2.01 2.64 2.25 2.64 2.61 2.8

Noncurrent loans and leases ��������������������������� 60.04 74.36 61.72 54.24 60.54 79.80 44.35 60.34 64.62 

Noncurrent assets plus

other real estate owned to assets�������������������� 2.53 2.27 2.88 3.04 2.43 1.70 3.73 2.28 2.7

Equity capital ratio��������������������������������������������������� 11.27 11.75 10.68 11.75 11.27 12.57 12.01 8.81 11.14 

Core capital (leverage) ratio ����������������������������������� 9.20 11.24 10.12 10.55 8.89 10.00 8.93 7.26 9.33

Tier 1 risk-based capital ratio���������������������������������� 13.28 18.37 15.28 15.53 12.72 14.73 12.73 10.99 12.95 

Total risk-based capital ratio ����������������������������������� 15.52 19.50 16.49 16.79 15.20 16.50 15.67 13.81 14.85 

Net loans and leases to deposits���������������������������� 70.44 64.60 72.68 78.29 69.14 72.95 71.16 62.87 70.33 

Net loans to total assets ����������������������������������������� 51.90 55.02 60.74 60.87 49.69 52.31 54.03 44.28 52.58 

Domestic deposits to total assets ��������������������������� 63.38 85.18 83.52 77.32 58.99 63.70 70.47 57.71 53.74 

Structural Changes

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

Institutions absorbed by mergers ������������������� 27 12 10 3 2 8 4 2 5 6 2

Failed institutions �������������������������������������������� 16 5 10 1 0 1 6 5 2 2 0

PRIOR FIRST QUARTERS

(The way it was...)

Number of institutions ������������������������������������2011 7,574 2,573 4,331 563 107 942 1,010 1,581 1,811 1,580 650

������������������������������������������� 2009 8,247 3,052 4,504 576 115 1,005 1,172 1,692 1,924 1,690 764

��������������������������������������������2007 8,649 3,597 4,397 536 119 1,087 1,222 1,818 2,007 1,742 773

Total assets (in billions)����������������������������������2011 $13,414.3 $147.1 $1,284.8 $1,428.4 $10,554.0 $2,709.1 $2,913.4 $3,047.9 $1,680.2 $788

������������������������������������������� 2009 13,526.2 167.2 1,359.5 1,512.5 10,486.9 2,505.7 3,520.2 3,176.6 1,064.7 90

��������������������������������������������2007 11,982.3 189.6 1,298.2 1,420.9 9,073.6 2,204.0 2,948.8 2,778.8 863.4 66

Return on assets (%)��������������������������������������2011 0.86 0.57 0.52 0.69 0.93 1.04 0.60 0.68 1.1

������������������������������������������� 2009 -0.18 0.25 0.27 -0.24 -0.23 -1.82 0.20 0.12 0.56

��������������������������������������������2007 1.20 0.85 1.08 1.14 1.23 1.12 1.22 1.07 1.7

Net charge-offs to loans & leases (%) �����������2011 1.83 0.43 0.77 1.36 2.09 2.29 1.82 1.43 2.0

������������������������������������������� 2009 1.94 0.57 0.76 1.43 2.26 2.23 1.76 1.63 2.1

��������������������������������������������2007 0.45 0.15 0.13 0.25 0.55 0.81 0.22 0.31 0.6

Noncurrent assets plus 

OREO to assets (%) ��������������������������������2011 2.96 2.39 3.39 3.48 2.84 2.05 3.97 2.75 4.0

������������������������������������������� 2009 2.40 1.87 2.53 2.98 2.31 1.53 2.56 2.43 2.7

��������������������������������������������2007 0.57 0.77 0.67 0.58 0.55 0.56 0.36 0.60 1.0

Equity capital ratio (%)������������������������������������2011 11.25 11.57 10.28 11.43 11.34 12.74 11.84 8.52 11.58 

������������������������������������������� 2009 10.05 12.66 9.96 10.56 9.95 11.71 10.19 8.37 9.90

��������������������������������������������2007 10.58 13.24 10.50 11.24 10.43 12.72 10.04 9.13 10.57 

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

Note: Blue font identifies data that are included in the prior quarter data at bottom of table
FDIC Quarterly 8 2012, Volume 6, No. 2

TABLE IV-A. Full Year 2011, All FDIC-Insured Institutions

Asset Concentration Groups*

FULL YEAR

(The way it is...)

All Insured 

Institutions

Credit 

Card 

Banks

International 

Banks

Agricultural 

Banks

Commercial 

Lenders

Mortgage 

Lenders

Consumer 

Lenders

Other 

Specialized 

<$1 Billion

All Other 

<$1 Billion

All Other 

>$1 Billion

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

Commercial banks������������������������������������� 6,290 15 4 1,536 3,379 210 47 352 694 53

Savings institutions ����������������������������������� 1,067 3 0 9 391 521 12 25 96 10

Total assets (in billions)������������������������������������ $13,885.1 $538.7 $3,456.4 $215.7 $4,087.2 $825.3 $97.2 $56.1 $138.

Commercial banks������������������������������������� 12,641.8 509.0 3,456.4 214.5 3,622.6 261.2 40.2 50.7 115

Savings institutions ����������������������������������� 1,243.3 29.7 0.0 1.2 464.6 564.1 57.0 5.4

Total deposits (in billions)��������������������������������� 10,186.2 278.9 2,371.0 179.6 3,170.1 606.8 82.5 45.0 115

Commercial banks������������������������������������� 9,256.7 259.1 2,371.0 178.6 2,838.3 175.4 32.1 41.2 96

Savings institutions ����������������������������������� 929.5 19.7 0.0 1.0 331.7 431.4 50.5 3.8

Bank net income (in millions) ��������������������������� 118,671 18,903 25,166 2,324 25,497 4,516 1,594 1,053 1,247 38,371

Commercial banks������������������������������������� 110,380 17,462 25,166 2,314 21,912 2,859 915 688 1,046 38,019

Savings institutions ����������������������������������� 8,291 1,441 0 10 3,586 1,657 679 365 201 352

Performance Ratios (annualized, %)

Yield on earning assets������������������������������������ 4.32 11.64 3.60 4.84 4.64 4.06 5.55 3.80

Cost of funding earning assets ������������������������ 0.72 1.09 0.70 0.97 0.83 1.08 0.92 0.78

Net interest margin������������������������������������ 3.60 10.55 2.90 3.86 3.81 2.98 4.63 3.02

Noninterest income to assets��������������������������� 1.70 3.21 1.86 0.60 1.25 0.75 1.98 4.90

Noninterest expense to assets������������������������� 3.04 5.27 2.87 2.62 3.16 2.19 2.85 5.02

Loan and lease loss provision to assets���������� 0.57 2.03 0.44 0.27 0.60 0.52 0.96 0.09

Net operating income to assets ����������������������� 0.85 3.48 0.76 1.08 0.61 0.56 1.68 1.88

Pretax return on assets ������������������������������������ 1.25 5.43 0.97 1.29 0.92 0.83 2.58 2.57

Return on assets����������������������������������������������� 0.88 3.49 0.74 1.12 0.64 0.56 1.69 1.91

Return on equity ����������������������������������������������� 7.81 22.64 8.30 10.02 5.48 5.40 17.16 13.26

Net charge-offs to loans and leases���������������� 1.55 5.26 1.97 0.40 1.18 0.90 1.87 0.52

Loan and lease loss provision to 

net charge-offs ������������������������������������������ 68.31 46.73 62.31 111.09 76.61 99.76 71.22 57.27 10

Efficiency ratio �������������������������������������������������� 61.39 39.72 65.73 62.74 65.74 61.01 44.04 64.90 6

% of unprofitable institutions���������������������������� 16.03 0.00 0.00 3.82 24.03 14.09 6.78 9.55

% of institutions with earnings gains���������������� 66.39 88.89 75.00 69.77 67.64 56.91 55.93 62.86 6

Condition Ratios (%)

Earning assets to total assets �������������������������� 86.90 90.81 84.23 91.50 89.04 93.95 96.55 91.14 9

Loss allowance to:

Loans and leases �������������������������������������� 2.56 5.10 3.75 1.59 2.09 1.45 2.03 2.08

Noncurrent loans and leases �������������������� 62.46 297.84 89.17 93.44 59.24 37.20 120.89 80.42 7

Noncurrent assets plus

other real estate owned to assets������������� 2.55 1.41 1.60 1.46 3.04 2.61 1.28 1.11

Equity capital ratio�������������������������������������������� 11.17 15.11 8.89 11.22 11.69 10.39 9.82 14.51 1

Core capital (leverage) ratio ���������������������������� 9.08 13.23 7.07 10.10 10.04 9.69 9.61 13.00 

Tier 1 risk-based capital ratio��������������������������� 13.02 14.35 11.88 14.57 13.19 20.04 13.18 29.21 1

Total risk-based capital ratio ���������������������������� 15.31 16.74 14.56 15.72 15.06 21.14 14.34 30.27 1

Net loans and leases to deposits��������������������� 71.43 151.25 50.79 71.33 83.87 78.16 83.99 34.49 6

Net loans to total assets ���������������������������������� 52.40 78.30 34.84 59.40 65.05 57.47 71.33 27.65 5

Domestic deposits to total assets �������������������� 63.07 45.96 39.33 83.27 76.75 73.43 84.93 79.19 8

Structural Changes

New reporters�������������������������������������������� 3 0 0 0 2 0 0 1 0 0

Institutions absorbed by mergers ������������� 198 0 4 35 129 6 2 4 11 7

Failed institutions �������������������������������������� 92 0 0 2 89 1 0 0 0 0

PRIOR FULL YEARS

(The way it was...)

Number of institutions ������������������������������2010 7,658 22 4 1,559 4,085 718 73 314 814 69

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

������������������������������������� 2006 8,680 26 4 1,634 4,713 817 123 411 895 57

Total assets (in billions)����������������������������2010 $13,319.0 $705.4 $3,038.1 $199.8 $4,094.6 $789.0 $114.4 $42.9 $132.

������������������������������������� 2008 13,841.1 513.0 3,410.1 168.8 5,461.2 997.1 122.2 34.4 94

������������������������������������� 2006 11,861.9 408.4 2,337.2 149.3 4,905.1 1,445.0 109.9 42.2 119

Return on assets (%)��������������������������������2010 0.65 1.82 0.72 0.98 0.20 0.68 1.28 1.48

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

������������������������������������� 2006 1.28 4.19 1.01 1.23 1.28 0.94 1.75 1.54

Net charge-offs to loans & leases (%) �����2010 2.55 10.83 2.29 0.59 1.90 1.14 2.36 0.64

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

������������������������������������� 2006 0.39 3.48 0.48 0.17 0.22 0.15 1.40 0.42

Noncurrent assets plus 

OREO to assets (%) ��������������������������2010 3.11 1.90 2.38 1.62 3.71 2.88 1.22 0.81

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

������������������������������������� 2006 0.54 1.37 0.40 0.67 0.56 0.56 0.85 0.20

Equity capital ratio (%)������������������������������2010 11.15 14.96 8.93 10.86 11.40 10.05 11.00 16.31 1

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

������������������������������������� 2006 10.52 22.88 7.75 10.73 11.16 9.91 14.16 21.12 

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

Note: Blue font identifies data that are included in the prior quarter data at bottom of table
FDIC Quarterly 9 2012, Volume 6, No. 2

Quarterly Banking Profile

TABLE IV-A. Full Year 2011, All FDIC-Insured Institutions

Asset Size Distribution Geographic Regions*

FULL YEAR

(The way it is...)

All Insured 

Institutions

Less than 

$100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to 

$10 Billion

Greater 

than 

$10 Billion New York Atlanta Chicago

Kansas 

City Dallas

San 

Francisco

Number of institutions reporting����������������������������� 7,357 2,416 4,283 551 107 915 957 1,552 1,773 1,542 618

Commercial banks������������������������������������������� 6,290 2,143 3,632 430 85 480 851 1,282 1,680 1,434 563

Savings institutions ����������������������������������������� 1,067 273 651 121 22 435 106 270 93 108 55

Total assets (in billions)������������������������������������������ $13,885.1 $138.9 $1,279.9 $1,411.0 $11,055.3 $2,864.6 $2,935.6 $3,185.3 $2,918.2 $813

Commercial banks������������������������������������������� 12,641.8 123.3 1,054.9 1,103.9 10,359.7 2,215.1 2,818.4 3,065.1 2,858.4 

Savings institutions ����������������������������������������� 1,243.3 15.5 225.0 307.1 695.7 649.5 117.2 120.3 59.8

Total deposits (in billions)��������������������������������������� 10,186.2 117.6 1,063.9 1,092.2 7,912.6 2,040.0 2,209.2 2,262.4 2,161.8 

Commercial banks������������������������������������������� 9,256.7 105.1 884.3 856.7 7,410.6 1,567.6 2,122.0 2,171.6 2,113.6 

Savings institutions ����������������������������������������� 929.5 12.5 179.6 235.4 502.0 472.3 87.2 90.7 48.2

Bank net income (in millions) ��������������������������������� 118,671 731 7,120 11,026 99,794 27,904 15,287 24,120 27,446 7,412 16,502

Commercial banks������������������������������������������� 110,380 700 6,097 9,165 94,419 25,849 14,557 23,770 27,154 6,347 12,703

Savings institutions ����������������������������������������� 8,291 32 1,023 1,862 5,375 2,054 731 350 291 1,065 3,800

Performance Ratios (annualized, %)

Yield on earning assets������������������������������������������ 4.32 4.87 4.84 4.79 4.19 4.77 4.01 3.55 4.7

Cost of funding earning assets ������������������������������ 0.72 0.98 1.03 0.91 0.66 0.85 0.61 0.66 0.7

Net interest margin������������������������������������������ 3.60 3.88 3.81 3.87 3.53 3.92 3.39 2.89 3.9

Noninterest income to assets��������������������������������� 1.70 1.05 0.97 1.16 1.87 1.61 1.63 1.94 1.7

Noninterest expense to assets������������������������������� 3.04 3.63 3.18 2.95 3.03 2.99 3.15 2.99 3.0

Loan and lease loss provision to assets���������������� 0.57 0.35 0.57 0.63 0.57 0.57 0.73 0.42 0.6

Net operating income to assets ����������������������������� 0.85 0.48 0.52 0.75 0.90 0.99 0.42 0.74 1.0

Pretax return on assets ������������������������������������������ 1.25 0.66 0.76 1.13 1.33 1.50 0.76 1.07 1.3

Return on assets����������������������������������������������������� 0.88 0.53 0.57 0.80 0.93 1.01 0.53 0.78 0.9

Return on equity ����������������������������������������������������� 7.81 4.49 5.39 6.89 8.24 8.04 4.39 9.13 8.48

Net charge-offs to loans and leases���������������������� 1.55 0.62 0.89 1.17 1.72 1.86 1.66 1.18 1.8

Loan and lease loss provision to 

net charge-offs ������������������������������������������������ 68.31 95.60 100.04 85.69 63.90 57.23 78.29 78.03 61.75 

Efficiency ratio �������������������������������������������������������� 61.39 78.88 70.83 62.28 60.06 57.57 67.08 66.55 58.16 

% of unprofitable institutions���������������������������������� 16.03 17.38 15.88 13.25 5.61 12.68 34.06 15.27 10.60 

% of institutions with earnings gains���������������������� 66.39 63.45 66.54 76.04 76.64 61.97 64.05 64.95 69.20 

Condition Ratios (%)

Earning assets to total assets ��������������������������������� 86.90 90.78 91.51 90.35 85.88 87.76 85.12 85.77 85.97 

Loss allowance to:

Loans and leases ��������������������������������������������� 2.56 1.79 1.87 2.02 2.75 2.45 2.71 2.71 2.8

Noncurrent loans and leases ��������������������������� 62.46 72.85 59.45 53.38 63.93 81.32 49.01 61.53 65.70 

Noncurrent assets plus

other real estate owned to assets�������������������� 2.55 2.35 3.01 3.12 2.43 1.77 3.59 2.31 2.7

Equity capital ratio��������������������������������������������������� 11.17 11.85 10.66 11.74 11.15 12.26 12.01 8.68 11.12 

Core capital (leverage) ratio ����������������������������������� 9.08 11.25 10.02 10.37 8.77 9.94 8.89 7.08 9.12

Tier 1 risk-based capital ratio���������������������������������� 13.02 18.12 15.01 15.26 12.46 14.72 12.30 10.81 12.56 

Total risk-based capital ratio ����������������������������������� 15.31 19.25 16.22 16.53 15.01 16.55 15.24 13.68 14.58 

Net loans and leases to deposits���������������������������� 71.43 66.95 74.66 79.65 69.93 72.61 72.66 62.79 72.47 

Net loans to total assets ����������������������������������������� 52.40 56.69 62.06 61.65 50.05 51.71 54.68 44.59 53.69 

Domestic deposits to total assets ��������������������������� 63.07 84.67 83.06 76.93 58.72 62.98 70.19 57.80 53.44 

Structural Changes

New reporters�������������������������������������������������� 3 0 2 1 0 0 3 0 0 0 0

Institutions absorbed by mergers ������������������� 198 77 96 21 4 27 21 39 48 47 16

Failed institutions �������������������������������������������� 92 16 69 7 0 2 45 15 6 12 12

PRIOR FULL YEARS

(The way it was...)

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

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

������������������������������������������� 2006 8,680 3,632 4,399 530 119 1,092 1,218 1,826 2,018 1,753 773

Total assets (in billions)����������������������������������2010 $13,319.0 $148.6 $1,291.7 $1,429.6 $10,449.0 $2,694.8 $2,929.8 $2,950.1 $1,686.5 $789

������������������������������������������� 2008 13,841.1 170.9 1,354.7 1,489.8 10,825.8 2,594.2 3,745.9 3,264.3 1,057.2 78

������������������������������������������� 2006 11,861.9 189.9 1,290.0 1,397.9 8,984.0 2,216.1 2,911.4 2,746.2 859.8 65

Return on assets (%)��������������������������������������2010 0.65 0.27 0.26 0.18 0.76 0.76 0.34 0.60 0.8

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

������������������������������������������� 2006 1.28 0.92 1.16 1.22 1.31 1.27 1.31 1.10 1.7

Net charge-offs to loans & leases (%) �����������2010 2.55 0.80 1.12 1.81 2.93 3.57 2.43 2.03 2.8

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

������������������������������������������� 2006 0.39 0.18 0.16 0.20 0.47 0.72 0.19 0.28 0.5

Noncurrent assets plus 

OREO to assets (%) ��������������������������������2010 3.11 2.38 3.44 3.57 3.01 2.14 3.93 2.98 4.2

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

������������������������������������������� 2006 0.54 0.73 0.59 0.52 0.53 0.52 0.33 0.57 1.0

Equity capital ratio (%)������������������������������������2010 11.15 11.70 10.15 11.18 11.26 12.58 11.59 8.71 11.33 

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

������������������������������������������� 2006 10.52 13.01 10.39 10.97 10.42 12.47 10.05 9.07 10.64 

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

Note: Blue font identifies data that are included in the prior quarter data at bottom of table
FDIC Quarterly 10 2012, Volume 6, No. 2

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

Asset Concentration Groups*

March 31, 2012 All Insured 

Institutions

Credit 

Card 

Banks

International 

Banks

Agricultural 

Banks

Commercial 

Lenders

Mortgage 

Lenders

Consumer 

Lenders

Other 

Specialized 

<$1 Billion

All Other 

<$1 

Billion

All Other 

>$1 

Billion

Percent of Loans 30-89 Days Past Due

All loans secured by real estate ��������������������������������������� 1.54 1.58 2.18 0.94 1.14 1.26 0.89 1.59

Construction and development��������������������������������� 1.45 0.00 1.37 1.00 1.44 1.59 0.93 1.75

Nonfarm nonresidential��������������������������������������������� 0.82 0.00 0.74 0.89 0.82 0.91 1.27 1.38

Multifamily residential real estate ����������������������������� 0.67 0.00 0.62 0.77 0.63 0.71 0.95 0.28

Home equity loans����������������������������������������������������� 0.98 0.85 1.52 0.70 0.78 0.74 0.85 0.68

Other 1-4 family residential��������������������������������������� 2.30 3.21 3.19 1.56 1.71 1.36 0.90 1.97

Commercial and industrial loans ������������������������������������� 0.43 1.23 0.44 1.25 0.46 0.82 1.27 1.35

Loans to individuals���������������������������������������������������������� 1.47 1.34 1.72 1.46 1.48 1.07 1.37 1.73

Credit card loans ������������������������������������������������������� 1.43 1.32 1.79 1.48 1.41 1.18 0.70 1.43

Other loans to individuals ����������������������������������������� 1.50 1.71 1.61 1.46 1.48 1.05 1.68 1.75

All other loans and leases (including farm) ��������������������� 0.35 0.03 0.24 0.60 0.36 0.12 0.43 0.47

Total loans and leases������������������������������������������������������ 1.21 1.32 1.34 0.92 0.97 1.21 1.26 1.50

Percent of Loans Noncurrent**

All real estate loans ���������������������������������������������������������� 6.56 6.15 9.10 2.15 4.45 3.96 1.07 3.26

Construction and development.................................. 12.52 0.00

Nonfarm nonresidential��������������������������������������������� 3.67 0.00 2.37 2.96 3.60 3.76 3.34 3.17

Multifamily residential real estate ����������������������������� 2.36 0.00 1.22 3.63 2.53 2.24 3.19 2.93

Home equity loans����������������������������������������������������� 2.40 0.00 3.01 1.00 1.39 1.28 0.78 1.03

Other 1-4 family residential��������������������������������������� 9.57 14.02 15.16 1.60 4.84 4.16 1.00 2.07 

Commercial and industrial loans ������������������������������������� 1.16 1.63 1.18 1.96 1.36 1.79 0.61 1.67

Loans to individuals���������������������������������������������������������� 1.37 1.61 1.58 0.58 1.42 0.72 1.79 0.99

Credit card loans ������������������������������������������������������� 1.63 1.60 1.71 0.40 1.75 1.20 0.88 0.99

Other loans to individuals ����������������������������������������� 1.09 1.80 1.35 0.60 1.39 0.63 2.21 0.99

All other loans and leases (including farm) ��������������������� 0.52 0.12 0.46 0.54 0.65 0.17 0.84 1.72

Total loans and leases������������������������������������������������������ 4.11 1.60 4.21 1.68 3.36 3.71 1.59 2.70

Percent of Loans Charged-off (net, YTD)

All real estate loans ���������������������������������������������������������� 1.08 1.33 1.63 0.20 0.86 0.95 1.47 0.24

Construction and development��������������������������������� 1.95 0.00 -0.07 1.06 2.25 2.13 0.40 0.89

Nonfarm nonresidential��������������������������������������������� 0.56 0.00 0.25 0.23 0.61 1.01 0.15 0.11

Multifamily residential real estate ����������������������������� 0.42 0.00 0.35 0.27 0.55 0.18 0.00 0.96

Home equity loans����������������������������������������������������� 1.97 3.25 2.18 0.40 1.22 2.68 1.90 0.41

Other 1-4 family residential��������������������������������������� 1.11 1.07 2.13 0.19 0.77 0.76 1.18 0.21

Commercial and industrial loans ������������������������������������� 0.56 4.29 0.33 0.30 0.54 0.83 5.49 0.08

Loans to individuals���������������������������������������������������������� 2.69 4.20 3.73 0.30 0.98 1.23 1.40 0.47

Credit card loans ������������������������������������������������������� 4.25 4.23 5.00 0.60 4.69 3.95 2.81 2.82

Other loans to individuals ����������������������������������������� 1.00 3.61 1.51 0.24 0.69 0.80 0.73 0.32

All other loans and leases (including farm) ��������������������� 0.14 0.00 0.04 0.00 0.18 0.40 2.97 0.28

Total loans and leases������������������������������������������������������ 1.17 4.18 1.48 0.17 0.76 0.95 1.55 0.25

Loans Outstanding (in billions)

All real estate loans ���������������������������������������������������������� $4,086.3 $0.0 $493.4 $74.5 $1,762.8 $409.5 $15.4 $13.6 $61.

Construction and development��������������������������������� 228.3 0.0 7.1 3.5 149.9 7.5 0.3 1.

Nonfarm nonresidential��������������������������������������������� 1,057.0 0.0 33.9 21.3 711.4 31.7 0.6 4.7 

Multifamily residential real estate ����������������������������� 220.9 0.0 37.0 1.8 131.2 11.1 0.1 0.

Home equity loans����������������������������������������������������� 590.3 0.0 105.2 1.5 184.4 33.8 7.6 0.5

Other 1-4 family residential��������������������������������������� 1,858.8 0.0 255.8 19.3 553.7 324.0 6.8 6.2 

Commercial and industrial loans ������������������������������������� 1,374.0 36.4 252.8 16.1 579.3 10.6 2.0 2.4

Loans to individuals���������������������������������������������������������� 1,266.3 409.9 257.3 6.0 183.6 14.6 52.3 2.3

Credit card loans ������������������������������������������������������� 649.6 389.4 161.7 0.5 13.3 2.3 16.5 0.

Other loans to individuals ����������������������������������������� 616.8 20.6 95.5 5.5 170.3 12.4 35.9 2.2

All other loans and leases (including farm) ��������������������� 686.4 3.3 258.0 28.8 147.3 11.1 0.3 1.2

Total loans and leases (plus unearned income)�������������� 7,413.0 449.6 1,261.5 125.3 2,673.1 445.7 70.0 19.5 81

Memo: Other Real Estate Owned (in millions)

All other real estate owned����������������������������������������������� 44,801.5 0.1 2,509.3 812.2 26,525.3 2,831.2 32.4 248.0 800.

Construction and development��������������������������������� 15,411.5 0.0 80.0 301.5 12,028.7 509.8 9.3 106.9 251

Nonfarm nonresidential��������������������������������������������� 10,540.6 0.0 75.0 285.1 7,694.5 379.0 6.0 76.5 245

Multifamily residential real estate ����������������������������� 1,393.8 0.0 15.0 24.2 983.4 71.0 0.4 13.9 

1-4 family residential ������������������������������������������������� 11,081.9 0.1 956.3 145.4 4,891.9 1,235.9 15.8 45.4 265

Farmland�������������������������������������������������������������������� 436.8 0.0 0.0 56.0 316.3 6.6 0.9 5.3

GNMA properties������������������������������������������������������� 5,788.7 0.0 1,267.0 0.1 580.5 628.8 0.0 0.0 1

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

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

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

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

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

exceed 25 percent of total assets

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

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

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

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

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

concentrations

** Noncurrent loan rates represent the percentage of loans in each category that are past due 90 days or more or that are in nonaccrual status
FDIC Quarterly 11 2012, Volume 6, No. 2

Quarterly Banking Profile

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

Asset Size Distribution Geographic Regions*

March 31, 2012 All Insured 

Institutions

Less than 

$100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to 

$10 Billion

Greater 

than 

$10 Billion New York Atlanta Chicago

Kansas 

City Dallas

San 

Francisco

Percent of Loans 30-89 Days Past Due 

All loans secured by real estate ������������������������������ 1.54 1.59 1.20 1.10 1.72 1.19 1.65 1.48 2.1

Construction and development������������������������ 1.45 1.55 1.47 1.33 1.48 1.73 1.32 1.49 1.2

Nonfarm nonresidential������������������������������������ 0.82 1.42 1.04 0.80 0.71 0.88 0.86 0.91 0.7

Multifamily residential real estate �������������������� 0.67 0.95 0.71 0.64 0.67 0.60 0.95 0.72 0.7

Home equity loans�������������������������������������������� 0.98 0.89 0.75 0.70 1.02 0.69 1.15 1.20 0.9

Other 1-4 family residential������������������������������ 2.30 2.03 1.51 1.63 2.52 1.54 2.29 2.10 3.6

Commercial and industrial loans ���������������������������� 0.43 1.58 0.98 0.60 0.35 0.60 0.30 0.53 0.3

Loans to individuals������������������������������������������������� 1.47 1.86 1.42 1.41 1.47 1.42 1.80 1.31 1.7

Credit card loans ���������������������������������������������� 1.43 1.41 1.84 1.53 1.43 1.33 1.67 1.17 1.8

Other loans to individuals �������������������������������� 1.50 1.86 1.39 1.36 1.52 1.65 1.87 1.35 1.5

All other loans and leases (including farm) ������������ 0.35 0.73 0.49 0.56 0.32 0.27 0.27 0.48 0.2

Total loans and leases��������������������������������������������� 1.21 1.51 1.15 1.02 1.25 1.10 1.29 1.14 1.4

Percent of Loans Noncurrent** 

All real estate loans ������������������������������������������������� 6.56 2.88 3.47 4.59 7.77 4.05 9.50 7.17 7.5

Construction and development������������������������ 12.52 8.65 10.72 12.97 13.24 14.90 14.71 12.20 11.45

Nonfarm nonresidential������������������������������������ 3.67 3.48 3.25 3.81 3.81 3.38 4.39 3.82 3.6

Multifamily residential real estate �������������������� 2.36 3.06 2.73 3.08 2.03 1.57 3.70 2.53 2.1

Home equity loans�������������������������������������������� 2.40 1.15 1.40 1.39 2.56 1.16 3.04 2.07 3.5

Other 1-4 family residential������������������������������ 9.57 2.41 2.62 4.57 11.53 4.44 13.78 11.76 11.5

Commercial and industrial loans ���������������������������� 1.16 2.35 2.03 1.84 0.99 1.54 0.94 1.22 1.1

Loans to individuals������������������������������������������������� 1.37 0.88 0.91 0.93 1.41 1.51 1.35 1.22 1.4

Credit card loans ���������������������������������������������� 1.63 0.63 1.42 1.52 1.63 1.63 1.65 1.77 1.7

Other loans to individuals �������������������������������� 1.09 0.88 0.87 0.72 1.14 1.16 1.18 1.04 1.1

All other loans and leases (including farm) ������������ 0.52 0.67 0.72 0.66 0.49 0.28 0.39 0.29 0.8

Total loans and leases��������������������������������������������� 4.11 2.44 3.04 3.70 4.35 2.82 5.95 4.33 4.3

Percent of Loans Charged-off (net, YTD) 

All real estate loans ������������������������������������������������� 1.08 0.36 0.56 0.76 1.28 0.56 1.57 1.10 1.4

Construction and development������������������������ 1.95 1.15 1.62 2.21 2.01 1.95 2.63 2.01 1.6

Nonfarm nonresidential������������������������������������ 0.56 0.37 0.46 0.59 0.60 0.46 0.88 0.76 0.3

Multifamily residential real estate �������������������� 0.42 0.58 0.59 0.48 0.36 0.32 0.67 0.50 0.5

Home equity loans�������������������������������������������� 1.97 0.61 0.57 0.90 2.15 0.79 2.73 1.67 2.6

Other 1-4 family residential������������������������������ 1.11 0.32 0.47 0.68 1.29 0.47 1.42 1.09 1.7

Commercial and industrial loans ���������������������������� 0.56 0.47 0.67 0.73 0.53 0.85 0.52 0.50 0.4

Loans to individuals������������������������������������������������� 2.69 0.43 0.91 1.61 2.82 3.72 1.67 1.52 3.6

Credit card loans ���������������������������������������������� 4.25 0.99 4.76 3.89 4.26 4.49 3.07 3.80 5.0

Other loans to individuals �������������������������������� 1.00 0.42 0.62 0.75 1.05 1.45 0.89 0.75 1.5

All other loans and leases (including farm) ������������ 0.14 0.00 0.19 0.29 0.13 0.11 0.31 0.08 0.1

Total loans and leases��������������������������������������������� 1.17 0.36 0.57 0.80 1.33 1.35 1.28 0.90 1.4

Loans Outstanding (in billions) 

All real estate loans ������������������������������������������������� $4,086.3 $54.0 $619.9 $634.1 $2,778.2 $831.8 $945.9 $793.1 $811.5 $3

Construction and development������������������������ 228.3 3.2 53.7 53.5 117.9 38.5 62.6 37.9 34.

Nonfarm nonresidential������������������������������������ 1,057.0 15.9 248.7 260.1 532.3 237.0 216.3 190.4 160.6 

Multifamily residential real estate �������������������� 220.9 1.6 31.0 47.5 140.8 69.3 27.8 61.6 22

Home equity loans�������������������������������������������� 590.3 1.6 32.0 46.2 510.6 94.6 160.8 146.4 130.

Other 1-4 family residential������������������������������ 1,858.8 23.9 219.2 213.1 1,402.5 385.3 469.8 340.9 384.1 

Commercial and industrial loans ���������������������������� 1,374.0 9.7 102.4 142.6 1,119.3 205.7 316.4 289.0 315.1

Loans to individuals������������������������������������������������� 1,266.3 5.0 35.3 67.3 1,158.6 365.5 225.7 182.8 282.7

Credit card loans ���������������������������������������������� 649.6 0.1 2.4 17.7 629.4 270.9 80.3 44.6 163.

Other loans to individuals �������������������������������� 616.8 5.0 32.9 49.6 529.2 94.6 145.4 138.2 119.

All other loans and leases (including farm) ������������ 686.4 8.2 37.5 38.7 601.9 108.4 131.5 194.3 197.

Total loans and leases (plus unearned income)����� 7,413.0 77.0 795.1 882.7 5,658.2 1,511.3 1,619.5 1,459.2 1,606.4 

Memo: Other Real Estate Owned (in millions) 

All other real estate owned�������������������������������������� 44,801.5 1,203.7 12,550.6 10,310.7 20,736.5 4,982.1 12,009.1 9,451.0 8,713.0 5,68

Construction and development������������������������ 15,411.5 400.9 5,700.6 4,918.9 4,391.2 1,328.3 4,620.1 2,110.1 2,941.1 2,74

Nonfarm nonresidential������������������������������������ 10,540.6 397.4 3,829.1 2,950.5 3,363.5 1,332.7 2,305.5 2,046.4 2,038.4 1,56

Multifamily residential real estate �������������������� 1,393.8 52.1 399.2 348.4 594.0 204.9 334.4 350.7 191.5 

1-4 family residential ���������������������������������������� 11,081.9 326.9 2,393.3 1,927.1 6,434.7 1,694.3 3,313.2 2,276.6 1,905.3 1,

Farmland����������������������������������������������������������� 436.8 26.0 216.7 135.5 58.7 24.1 88.9 92.4 84.2

GNMA properties���������������������������������������������� 5,788.7 0.5 11.7 30.4 5,746.1 367.8 1,346.9 2,574.8 1,434.

* Regions:

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

U.S. Virgin Islan

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

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

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

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

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

** Noncurrent loan rates represent the percentage of loans in each category that are past due 90 days or more or that are in nonaccrual status
FDIC Quarterly 12 2012, Volume 6, No. 2

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

Asset Size Distribution

(dollar figures in millions;

notional amounts unless otherwise indicated)

1st Quarter 

2012

4th Quarter 

2011

3rd Quarter 

2011

2nd Quarter 

2011

1st Quarter 

2011

%Change 

11Q1-12Q1

Less 

than $100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to $10 

Billion

Greater than 

$10 Billion

ALL DERIVATIVE HOLDERS 

Number of institutions reporting derivatives����������������� 1,283 1,188 1,188 1,165 1,146 12.0 89 770 331 9

Total assets of institutions reporting derivatives ���������� $12,088,030 $11,460,094 $11,346,808 $11,163,453 $10,945,917 10.4 $6,633 $315,333 $966,186 $10,799,87

Total deposits of institutions reporting derivatives������� 8,804,885 8,298,068 8,106,780 7,895,134 7,707,826 14.2 5,607 259,800 759,289 7,780,18

Total derivatives������������������������������������������������������������� 230,365,262 231,879,967 250,463,379 251,134,788 246,007,676 -6.4 262 23,599 85,580 230,255,82

Derivative Contracts by Underlying Risk Exposure 

Interest rate�������������������������������������������������������������������� 183,730,454 187,530,928 202,130,799 204,510,371 199,469,903 -7.9 258 23,073 78,756 183,628,36

Foreign exchange*��������������������������������������������������������� 29,211,390 26,500,008 29,283,191 28,389,032 28,788,641 1.5 0 222 5,439 29,205,72

Equity ����������������������������������������������������������������������������� 1,898,562 1,588,737 1,786,008 1,654,652 1,471,402 29.0 4 84 767 1,897,70

Commodity & other (excluding credit derivatives)�������� 1,473,732 1,501,077 1,602,067 1,351,825 1,377,484 7.0 0 9 290 1,473,43

Credit������������������������������������������������������������������������������ 14,051,125 14,759,217 15,661,315 15,228,907 14,900,246 -5.7 0 211 328 14,050,58

Total�������������������������������������������������������������������������������� 230,365,262 231,879,967 250,463,379 251,134,788 246,007,676 -6.4 262 23,599 85,580 230,255,82

Derivative Contracts by Transaction Type 

Swaps ���������������������������������������������������������������������������� 138,658,398 146,265,646 156,143,298 156,064,620 152,842,811 -9.3 26 7,592 41,417 138,609,36

Futures & forwards �������������������������������������������������������� 40,479,858 37,252,565 39,797,214 40,974,670 38,910,910 4.0 92 7,734 19,743 40,452,28

Purchased options��������������������������������������������������������� 17,548,648 16,524,639 18,511,697 18,861,506 19,021,280 -7.7 32 650 10,457 17,537,50

Written options��������������������������������������������������������������� 17,103,437 16,014,672 17,862,189 18,099,424 18,256,189 -6.3 112 7,381 13,263 17,082,68

Total�������������������������������������������������������������������������������� 213,790,341 216,057,521 232,314,398 234,000,220 229,031,190 -6.7 262 23,357 84,879 213,681,84

Fair Value of Derivative Contracts 

Interest rate contracts���������������������������������������������������� 93,594 89,148 92,978 88,674 92,291 1.4 1 15 -24 93,60

Foreign exchange contracts������������������������������������������ -3,875 25,705 33,038 15,548 8,198 N/M 0 0 5 -3,880

Equity contracts������������������������������������������������������������� -380 1,657 6,441 299 1,763 N/M 0 1 12 -393

Commodity & other (excluding credit derivatives)�������� -2,004 -1,559 773 148 -916 N/M 0 0 2 -2,006

Credit derivatives as guarantor������������������������������������� -126,270 -289,532 -370,779 -67,253 -40,236 N/M 0 -1 1 -126,270

Credit derivatives as beneficiary����������������������������������� 130,621 303,241 387,580 75,397 50,612 158.1 0 0 -2 130,62

Derivative Contracts by Maturity** 

Interest rate contracts ����������������������������� < 1 year 85,881,612 87,811,898 95,377,012 94,641,883 92,443,045 -7.1 83 8,848 24,578 85,848,10

 ������������������������������������������ 1-5 years 31,691,197 32,750,418 34,134,320 35,300,646 34,897,102 -9.2 35 3,238 22,981 31,664,94

 ������������������������������������������ > 5 years 22,691,129 24,167,662 24,968,981 25,211,181 24,922,246 -9.0 28 2,891 14,580 22,673,63

Foreign exchange contracts ������������������� < 1 year 18,849,154 17,538,351 19,219,846 17,820,001 18,023,979 4.6 0 190 3,795 18,845,16

 ������������������������������������������ 1-5 years 3,017,933 3,088,258 2,990,392 3,180,412 2,741,047 10.1 0 0 175 3,017,75

 ������������������������������������������ > 5 years 1,349,611 1,502,619 1,474,701 1,530,257 1,432,790 -5.8 0 0 238 1,349,37

Equity contracts��������������������������������������� < 1 year 539,407 426,621 375,359 358,257 349,774 54.2 0 1 100 539,30

 ������������������������������������������ 1-5 years 241,998 210,410 241,995 226,000 204,271 18.5 0 26 159 241,81

 ������������������������������������������ > 5 years 88,815 93,653 97,743 93,112 84,177 5.5 0 2 14 88,79

Commodity & other contracts ����������������� < 1 year 481,515 375,875 434,161 438,496 504,234 -4.5 0 0 98 481,41

 ������������������������������������������ 1-5 years 203,940 241,723 266,044 237,875 225,140 -9.4 0 5 75 203,86

 ������������������������������������������ > 5 years 20,361 46,181 29,127 30,222 25,209 -19.2 0 0 0 20,36

Risk-Based Capital: Credit Equivalent Amount 

Total current exposure to tier 1 capital (%)������������������� 36.3 44.5 52.5 38.3 38.0 0.1 0.7

Total potential future exposure to tier 1 capital (%)������ 71.9 79.3 82.7 87.3 87.4 0.1 0.1

Total exposure (credit equivalent amount) 

to tier 1 capital (%)�������������������������������������������������� 108.2 123.8 135.3 125.7 125.4 0.2 0.8 

Credit losses on derivatives***���������������������������������� 76.3 1832.5 1763.8 1672.9 1601.4 -95.2 0.0 0.

HELD FOR TRADING 

Number of institutions reporting derivatives����������������� 210 201 194 198 194 8.2 11 76 63 6

Total assets of institutions reporting derivatives ���������� 9,699,041 9,516,895 9,457,644 9,305,891 9,075,161 6.9 783 33,308 254,570 9,410,38

Total deposits of institutions reporting derivatives������� 7,075,255 6,924,152 6,771,834 6,604,984 6,419,033 10.2 656 27,237 198,896 6,848,46

Derivative Contracts by Underlying Risk Exposure 

Interest rate�������������������������������������������������������������������� 179,736,511 182,847,193 198,005,771 200,467,450 195,783,413 -8.2 31 1,696 13,476 179,721,30

Foreign exchange���������������������������������������������������������� 25,879,318 24,363,710 26,435,948 26,123,843 26,344,725 -1.8 0 0 3,046 25,876,27

Equity ����������������������������������������������������������������������������� 1,884,958 1,581,757 1,779,267 1,648,685 1,465,412 28.6 0 1 72 1,884,88

Commodity & other�������������������������������������������������������� 1,460,464 1,476,234 1,581,316 1,331,805 1,356,822 7.6 0 0 56 1,460,40

Total�������������������������������������������������������������������������������� 208,961,252 210,268,894 227,802,302 229,571,783 224,950,371 -7.1 31 1,696 16,651 208,942,87

Trading Revenues: Cash & Derivative Instruments 

Interest rate�������������������������������������������������������������������� 5,630 252 2,083 3,606 4,849 16.1 0 2 30 5,59

Foreign exchange���������������������������������������������������������� 1,504 2,229 2,632 497 29 5,086.2 0 0 7 1,49

Equity ����������������������������������������������������������������������������� 257 -111 1,443 812 762 -66.3 0 0 0 25

Commodity & other (including credit derivatives) �������� -372 160 2,323 1,712 2,017 N/M 0 0 1 -374

Total trading revenues��������������������������������������������������� 7,018 2,529 8,480 6,627 7,657 -8.3 0 2 39 6,97

Share of Revenue 

Trading revenues to gross revenues (%) ���������������������� 5.7 2.2 7.2 5.6 6.5 0.0 0.

Trading revenues to net operating revenues (%)���������� 32.6 17.4 40.6 41.2 42.3 0.0 2.4

HELD FOR PURPOSES OTHER THAN TRADING 

Number of institutions reporting derivatives����������������� 1,165 1,070 1,080 1,056 1,036 12.5 78 704 297 8

Total assets of institutions reporting derivatives ���������� 11,774,752 11,152,420 11,126,270 10,825,253 10,594,774 11.1 5,850 287,464 854,542 10,626,89

Total deposits of institutions reporting derivatives������� 8,562,664 8,059,202 7,938,137 7,727,004 7,497,972 14.2 4,952 236,839 670,827 7,650,04

Derivative Contracts by Underlying Risk 

Exposure 

Interest rate�������������������������������������������������������������������� 3,993,943 4,683,735 4,125,028 4,042,921 3,686,490 8.3 227 21,378 65,280 3,907,05

Foreign exchange���������������������������������������������������������� 808,276 1,073,069 359,576 359,529 367,676 119.8 0 190 2,019 806,06

Equity ����������������������������������������������������������������������������� 13,603 6,980 6,741 5,967 5,990 127.1 4 83 695 12,82

Commodity & other�������������������������������������������������������� 13,268 24,842 20,751 20,020 20,662 -35.8 0 9 234 13,02

Total notional amount ���������������������������������������������������� 4,829,090 5,788,627 4,512,095 4,428,437 4,080,819 18.3 231 21,661 68,228 4,738,97

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

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

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

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

in total assets
FDIC Quarterly 13 2012, Volume 6, No. 2

Quarterly Banking Profile

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

Asset Size Distribution

(dollar figures in millions)

1st 

Quarter

2012

4th 

Quarter

2011

3rd 

Quarter

2011

2nd 

Quarter 

2011

1st 

Quarter 

2011

% Change 

11Q1-

12Q1

Less than 

$100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to $10 

Billion

Greater 

than $10 

Billion

Assets Securitized and Sold with Servicing Retained or with 

Recourse or Other Seller-Provided Credit Enhancements 

Number of institutions reporting securitization activities ����������������������������������������� 179 141 139 135 135 32.6 20 96 30 3

Outstanding Principal Balance by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� $758,458 $730,853 $749,804 $758,015 $757,260 0.2 $166 $4,267 $23,643 $730,38

Home equity loans��������������������������������������������������������������������������������������������� 54 0 0 1,028 0 0.0 0 1 0 5

Credit card receivables�������������������������������������������������������������������������������������� 18,691 11,818 10,561 10,902 11,937 56.6 0 615 0 18,07

Auto loans ���������������������������������������������������������������������������������������������������������� 2,822 946 1,034 228 234 1,106.0 0 0 17 2,80

Other consumer loans ��������������������������������������������������������������������������������������� 4,748 4,862 4,979 4,667 4,792 -0.9 0 0 0 4,74

Commercial and industrial loans����������������������������������������������������������������������� 75 63 70 72 72 4.2 3 22 32 1

All other loans, leases, and other assets���������������������������������������������������������� 204,780 196,124 198,826 195,725 207,198 -1.2 1 433 5,209 199,13

Total securitized and sold������������������������������������������������������������������������������������������ 989,627 944,666 965,274 970,638 981,493 0.8 170 5,339 28,901 955,21

Maximum Credit Exposure by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� 3,797 3,895 4,116 4,321 4,511 -15.8 1 79 51 3,66

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

Credit card receivables�������������������������������������������������������������������������������������� 617 550 561 531 552 11.8 0 170 0 44

Auto loans ���������������������������������������������������������������������������������������������������������� 1 2 3 56 4 -75.0 0 0 1 

Other consumer loans ��������������������������������������������������������������������������������������� 205 208 216 202 201 2.0 0 0 0 20

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

All other loans, leases, and other assets���������������������������������������������������������� 3,015 1,309 697 476 489 516.6 0 5 0 3,01

Total credit exposure ������������������������������������������������������������������������������������������������� 7,636 5,964 5,592 5,584 5,757 32.6 1 254 52 7,32

Total unused liquidity commitments provided to institution's own securitizations ��� 237 121 129 124 125 89.6 0 116 0 12

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

1-4 family residential loans�������������������������������������������������������������������������������� 3.4 4.0 4.2 4.0 3.6 0.1 1.

Home equity loans��������������������������������������������������������������������������������������������� 11.7 0.0 0.0 1.5 0.0 0.0 0.0

Credit card receivables�������������������������������������������������������������������������������������� 0.9 1.4 1.8 1.6 1.4 0.0 1.

Auto loans ���������������������������������������������������������������������������������������������������������� 0.3 0.4 0.1 1.9 1.5 0.0 0.

Other consumer loans ��������������������������������������������������������������������������������������� 5.1 5.6 4.4 4.5 4.1 0.0 0.

Commercial and industrial loans����������������������������������������������������������������������� 0.4 0.5 0.0 0.0 0.0 0.0 0.

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

Total loans, leases, and other assets ����������������������������������������������������������������������� 2.8 3.3 3.6 3.3 3.1 0.1 1.

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

1-4 family residential loans�������������������������������������������������������������������������������� 5.5 6.4 6.4 6.9 7.2 0.0 0.

Home equity loans��������������������������������������������������������������������������������������������� 25.8 0.0 0.0 3.2 0.0 0.0 0.0

Credit card receivables�������������������������������������������������������������������������������������� 0.4 0.7 0.8 0.7 0.7 0.0 2.

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

Other consumer loans ��������������������������������������������������������������������������������������� 5.5 6.2 4.6 4.7 4.1 0.0 0.

Commercial and industrial loans����������������������������������������������������������������������� 3.2 0.0 0.0 0.0 0.0 0.0 0.

All other loans, leases, and other assets���������������������������������������������������������� 7.1 7.5 6.6 6.2 5.8 0.0 0.

Total loans, leases, and other assets ����������������������������������������������������������������������� 5.7 6.6 6.4 6.7 6.8 0.0 0.

Securitized Loans, Leases, and Other Assets Charged-off 

(net, YTD, annualized, %) 

1-4 family residential loans�������������������������������������������������������������������������������� 0.3 1.2 0.9 0.6 0.3 0.0 0.

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

Credit card receivables�������������������������������������������������������������������������������������� 4.9 5.3 4.7 3.3 1.6 0.0 1.

Auto loans ���������������������������������������������������������������������������������������������������������� 0.0 0.0 0.0 1.1 0.0 0.0 0.0

Other consumer loans ��������������������������������������������������������������������������������������� 0.3 1.2 0.9 0.6 0.3 0.0 0.

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

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

Total loans, leases, and other assets ����������������������������������������������������������������������� 0.4 1.1 0.8 0.5 0.3 0.0 0.

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

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

Credit card receivables�������������������������������������������������������������������������������������� 13,100 9,052 9,252 9,115 8,157 60.6 0 51 0 13,04

Commercial and industrial loans����������������������������������������������������������������������� 9 3 2 2 2 350.0 3 6 0 

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

Home equity loans��������������������������������������������������������������������������������������������� 0 0 0 447 0 0.0 0 0 0 

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

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

Assets Sold with Recourse and Not Securitized 

Number of institutions reporting asset sales������������������������������������������������������������ 979 878 861 864 858 14.1 165 619 149 4

Outstanding Principal Balance by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� 55,142 52,708 52,348 55,181 64,694 -14.8 1,207 13,265 7,750 32,91

Home equity, credit card receivables, auto, and other consumer loans ��������� 895 913 1,296 1,360 1,417 -36.8 1 2 18 87

Commercial and industrial loans����������������������������������������������������������������������� 64 56 70 147 102 -37.3 0 48 2 1

All other loans, leases, and other assets���������������������������������������������������������� 63,221 53,528 55,111 54,922 54,757 15.5 1 33 426 62,76

Total sold and not securitized������������������������������������������������������������������������������������ 119,321 107,205 108,825 111,609 120,971 -1.4 1,209 13,348 8,197 96,56

Maximum Credit Exposure by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� 14,494 13,367 12,706 13,295 13,813 4.9 142 2,731 3,879 7,74

Home equity, credit card receivables, auto, and other consumer loans ��������� 170 176 188 192 193 -11.9 1 2 4 16

Commercial and industrial loans����������������������������������������������������������������������� 46 39 53 127 81 -43.2 0 38 2 

All other loans, leases, and other assets���������������������������������������������������������� 14,320 13,962 13,789 13,513 13,420 6.7 0 29 32 14,25

Total credit exposure ������������������������������������������������������������������������������������������������� 29,031 27,544 26,735 27,127 27,507 5.5 143 2,800 3,917 22,17

Support for Securitization Facilities Sponsored by Other Institutions 

Number of institutions reporting securitization facilities sponsored by others ������� 176 164 158 159 164 7.3 19 99 39 1

Total credit exposure ������������������������������������������������������������������������������������������������� 70,542 62,014 44,284 38,047 38,595 82.8 14 3,260 586 66,68

Total unused liquidity commitments ������������������������������������������������������������������������� 621 567 593 632 626 -0.8 0 0 0 62

Other

Assets serviced for others*��������������������������������������������������������������������������������������� 5,790,402 5,471,017 5,637,360 5,755,688 5,748,115 0.7 4,664 114,391 235,779 5,435,56

Asset-backed commercial paper conduits 

Credit exposure to conduits sponsored by institutions and others������������������ 11,429 11,671 11,484 10,109 9,895 15.5 5 1 49 11,37

Unused liquidity commitments to conduits sponsored by institutions 

 and others �������������������������������������������������������������������������������������������������� 76,121 81,848 71,757 70,504 61,988 22.8 0 0 1,106 75,01

Net servicing income (for the quarter)���������������������������������������������������������������������� 4,462 3,312 -1,649 2,446 4,338 2.9 38 153 127 4,14

Net securitization income (for the quarter)��������������������������������������������������������������� 276 237 179 138 99 178.8 0 9 7 26

Total credit exposure to Tier 1 capital (%)** ������������������������������������������������������������� 8.7 7.8 6.3 5.9 6.1 1.0 4.9

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

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

FDIC Quarterly 15 2012, Volume 6, No. 2

Quarterly Banking Profile

Total assets of the nation’s 7,307 FDIC-insured 

commercial banks and savings institutions increased by 

0.3 percent ($40.9 billion) in the first quarter of 2012. 

Total deposits increased by 0.7 percent ($74.7 billion), 

domestic office deposits increased by 0.8 percent 

($67.8 billion), and foreign office deposits increased by 

0.5 percent ($6.9 billion). Domestic noninterest-bearing deposits decreased by 1.4 percent ($32.3 billion) 

and savings deposits and interest-bearing checking 

accounts increased by 2.8 percent ($130.2 billion), 

while domestic time deposits decreased by 1.7 percent 

($30.2 billion). For the 12 months ending on March 

31, 2012, total domestic deposits grew by 10.4 percent 

($834.5 billion), with domestic noninterest-bearing 

deposits rising by 27.8 percent ($486.4 billion) and 

domestic interest-bearing deposits increasing by 5.6 

percent ($348.0 billion).

At the end of the first quarter, domestic deposits funded 

63.4 percent of industry assets, the largest share of assets 

funded by domestic deposits since the third quarter of 

1994, when the share was 63.6 percent. Insured institutions held $2.2 trillion in domestic noninterest-bearing 

deposits on March 31, 2012, of which 67 percent ($1.5 

trillion) were in noninterest-bearing transaction 

accounts larger than $250,000. Of this total, $1.3 trillion exceeded the basic coverage limit of $250,000 per 

account, but is temporarily fully insured until the end of 

2012.1 Deposits receiving the temporary insurance 

coverage funded 4.2 percent of assets at banks with less 

than $10 billion in total assets and 10.8 percent of 

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

The total dollar amount receiving temporary coverage 

decreased by 6 percent ($83.5 billion) during the first 

1

 The Dodd-Frank Wall Street Reform and Consumer Protection Act 

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

deposit insurance coverage for noninterest-bearing transaction 

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

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

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

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

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

quarter. The decrease was mainly attributable to a small 

number of large institutions. From December 31, 2010, 

to March 31, 2012, deposits receiving the temporary 

coverage increased by 53.5 percent ($460 billion). 

Table 1 shows the distribution of accounts receiving 

unlimited coverage on noninterest-bearing transaction 

accounts by institution asset size. 

Total estimated insured deposits increased by 0.7 

percent in the quarter ending March 31, and by 10.1 

percent over the past 12 months.2 The large 12-month 

increase was primarily attributable to the growth in 

noninterest-bearing transaction account balances that 

are fully insured until the end of this year. For institutions in existence at the start and the end of the first 

quarter, insured deposits increased at 5,214 institutions 

(71 percent), decreased at 2,070 institutions (28 

percent), and remained unchanged at 23 institutions.

The DIF balance increased in the first quarter to $15.3 

billion (unaudited) from $11.8 billion (audited) in the 

fourth quarter, the ninth consecutive quarterly increase. 

Accrued assessment income added $3.7 billion. Interest 

earnings and unrealized gains on available-for-sale securities added $180 million, and all other income (net of 

expenses) added another $63 million. Operating 

expenses and insurance loss provisions subtracted $472 

million, resulting in a first-quarter increase in the DIF 

balance of $3.5 billion.

The DIF reserve ratio was 0.22 percent on March 31, 

2012, up from 0.17 percent at December 31, 2011, and 

from -0.02 percent on March 31, 2011. Sixteen FDICinsured institutions with combined assets of $4.8 billion 

failed during the first quarter of 2012. For these failures, 

losses to the DIF are estimated at $1.3 billion.

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

2

 Figures for estimated insured deposits in this discussion include 

insured branches of foreign banks in addition to insured commercial 

banks and savings institutions.

■ Insured Deposits Growth Is Flat

■ DIF Reserve Ratio Rises 5 Basis Points to 0.22 Percent

■ 16 Institutions Fail During First Quarter

■ $1.3 Trillion Temporarily Insured in Noninterest-Bearing Transaction Accounts

INSURANCE FUND INDICATORS
FDIC Quarterly 16 2012, Volume 6, No. 2

minus average tangible equity.3 Revisions to insurance 

assessment rates and risk-based pricing rules for large 

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

became effective on that date. The Fourth Quarter 

2010 Quarterly Banking Profile includes a detailed explanation of these changes. Table 2 shows the distribution 

of the assessment base as of March 31, 2012, by institution asset size category. 

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

FDIC must make available to the public the reserve 

3

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

ratio and the Designated Reserve Ratio (DRR) using 

both estimated insured deposits and the new assessment base. As of March 31, 2012, the DIF reserve ratio 

would be 0.13 percent using the new assessment base 

(compared with 0.22 percent using estimated insured 

deposits). The 2 percent DRR using estimated insured 

deposits would be 1.2 percent using the new 

assessment base.

Author: Kevin Brown, Senior Financial Analyst

Division of Insurance and Research

(202) 898-6817

Table 1

Insured Commercial Banks and Savings Institutions as of March 31, 2012

Distribution of Noninterest-Bearing Domestic Deposits by Asset Size

Asset Size

Number of 

Institutions

Total Assets 

($ Bil.)

Dodd-Frank

Domestic Noninterest-Bearing Transaction Accounts

Larger than $250,000 Other 

NoninterestBearing 

Deposits* 

($ Bil.)

Total 

($ Bil.)

Amount Above 

the $250,000 

Coverage Limit 

($ Bil.)

Average 

Account 

Size 

($000)

Average 

Number of 

Accounts per 

Institution

Less than $1 Billion 6,643 $1,421.1 $70.3 $45.2 $701 15 $123.7

$1 - $10 Billion 557 1,419.9 101.0 74.0 935 194 91.5

$10 - $50 Billion 71 1,387.8 119.9 98.7 1,413 1,194 70.4

$50 - $100 Billion 17 1,281.0 121.1 105.6 1,953 3,647 44.2

Over $100 Billion 19 8,416.1 1,095.2 995.1 2,737 21,061 396.5

Total 7,307 13,926.0 1,507.4 1,318.6 1,996 103 726.3

December 31, 2011 7,357 13,885.1 1,585.2 1,402.1 2,165 100 680.8

September 30, 2011 7,437 13,807.2 1,392.8 1,215.9 1,969 95 700.9

June 30, 2011 7,513 13,600.0 1,213.6 1,046.2 1,812 89 699.1

March 31, 2011 7,574 13,414.3 1,052.8 893.3 1,650 84 694.5

December 31, 2010 7,658 13,319.0 1,015.6 858.8 1,619 82 673.9

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

Table 2

Distribution of the Assessment Base for FDIC-Insured Institutions* 

by Asset Size

Data as of March 31, 2012

Asset Size

Number of 

Institutions

Percent of 

Total Institutions

Assessment Base** 

($ Bil.)

Percent of 

Base

Less than $1 Billion 6,643 90.9% $1,258 10.4%

$1 - $10 Billion 557 7.6% 1,255 10.4%

$10 - $50 Billion 71 1.0% 1,229 10.2%

$50 - $100 Billion 17 0.2% 1,092 9.0%

Over $100 Billion 19 0.3% 7,232 59.9%

Total 7,307 100.0% 12,066 100.0%

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

** Average consolidated total assets minus average tangible equity, with adjustments for banker’s banks and custodial banks.
FDIC Quarterly 17 2012, Volume 6, No. 2

Quarterly Banking Profile

DIF Reserve Ratios

Percent of Insured Deposits

0.27

0.22

0.06

0.17

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

0.12

0.22

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

Table I-B. Insurance Fund Balances and Selected Indicators

(dollar figures in millions)

Deposit Insurance Fund*

1st 

Quarter 

2012

4th 

Quarter 

2011

3rd 

Quarter 

2011

2nd 

Quarter 

2011

1st 

Quarter 

2011

4th 

Quarter 

2010

3rd 

Quarter 

2010

2nd 

Quarter 

2010

1st 

Quarter 

2010

4th 

Quarter 

2009

3rd 

Quarter 

2009

2nd 

Quarter 

2009

1st 

Quarter 

2009

Beginning Fund Balance ..... $11,827 $7,813 $3,916 -$1,023 -$7,352 -$8,009 -$15,247 -$20,717 -$20,862 -$8,243 $10,368 $13,007 $17,276

Changes in Fund Balance:

Assessments earned .............. 3,694 3,209 3,642 3,163 3,484 3,498 3,592 3,242 3,278 3,042 2,965 9,095 2,615

Interest earned on 

investment securities ...... 20 33 30 37 28 39 40 64 62 76 176 240 212

Realized gain on sale of

investments ...................... 0 0 0 0 0 0 0 0 0 0 732 521 136

Operating expenses ............... 460 334 433 463 395 452 414 382 345 379 328 298 266

Provision for insurance 

losses ............................... 12 1,533 -763 -2,095 -3,089 2,446 -3,763 -2,552 3,021 17,766 21,694 11,615 6,637

All other income, 

net of expenses ............... 63 2,599 83 80 66 48 94 55 22 2,721 308 375 2

Unrealized gain/(loss) on 

available-for-sale 

securities ......................... 160 40 -188 27 57 -30 163 -61 149 -313 -770 -957 -331

Total fund balance change ..... 3,465 4,014 3,897 4,939 6,329 657 7,238 5,470 145 -12,619 -18,611 -2,639 -4,269

Ending Fund Balance ........... 15,292 11,827 7,813 3,916 -1,023 -7,352 -8,009 -15,247 -20,717 -20,862 -8,243 10,368 13,007

Percent change from 

four quarters earlier ......... NM NM NM NM NM NM NM NM NM NM NM -77.07 -75.

Reserve Ratio (%) ................. 0.22 0.17 0.12 0.06 -0.02 -0.12 -0.15 -0.28 -0.38 -0.39 -0

Estimated Insured 

Deposits** .............................. 7,031,031 6,980,697 6,765,799 6,534,110 6,386,189 6,307,864 5,421,425 5,437,417 5,472,402 5,407,773 5,315,927 4,817,789 4,831,748

Percent change from 

four quarters earlier ......... 10.10 10.67 24.80 20.17 16.70 16.64 1.98 12.86 13.26 13.83 16

Domestic Deposits ............... 8,848,685 8,782,128 8,526,663 8,244,866 8,006,888 7,887,732 7,753,409 7,681,284 7,702,451 7,705,353 7,561,334 7,561,996 7,546,996

Percent change from 

four quarters earlier ......... 10.51 11.34 9.97 7.34 3.95 2.37 2.54 1.58 2.06 2.66 4

Number of institutions 

reporting ......................... 7,316 7,366 7,446 7,523 7,584 7,668 7,771 7,840 7,944 8,022 8,109 8,205 8,257

Deposit Insurance Fund Balance 

and Insured Deposits

($ Millions)

DIF 

Balance

DIF-Insured 

Deposits

3/09 $13,007 $4,831,748

6/09 10,368 4,817,789

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

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

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

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

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

12/10 -7,352 6,307,864

3/11 -1,023 6,386,189

6/11 3,916 6,534,110

9/11 7,813 6,765,799

12/11 11,827 6,980,697

3/12 15,292 7,031,031

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

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

Problem Institutions

Number of institutions �������������������������������������������� 772 888 813 884 702 252 76

Total assets������������������������������������������������������������� $292,083 $397,252 $319,432 $390,017 $402,782 $159,405 $22,189

Failed Institutions

Number of institutions �������������������������������������������� 16 26 92 157 140 25 3

Total assets������������������������������������������������������������� $4,768 $9,839 $34,923 $92,085 $169,709 $371,945 $2,615

Assisted Institutions****

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

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

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

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

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

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

*** Through March 31.

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

received assistance in 2009
FDIC Quarterly 18 2012, Volume 6, No. 2

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

(dollar figures in millions) 

March 31, 2012

Number of 

Institutions

Total 

Assets

Domestic 

Deposits*

Est. Insured 

Deposits

Commercial Banks and Savings Institutions

FDIC-Insured Commercial Banks ����������������������������������������������� 6,263 $12,780,995 $7,947,975 $6,225,921

 FDIC-Supervised ������������������������������������������������������������������� 4,127 2,039,108 1,570,436 1,269,805

 OCC-Supervised�������������������������������������������������������������������� 1,307 8,934,395 5,225,625 4,067,755

 Federal Reserve-Supervised������������������������������������������������� 829 1,807,492 1,151,914 888,362

FDIC-Insured Savings Institutions ���������������������������������������������� 1,044 1,145,011 877,688 783,360

 OCC-Supervised Savings Institutions ����������������������������������� 600 815,831 629,673 564,150

 FDIC-Supervised Savings Institutions����������������������������������� 444 329,181 248,015 219,210

Total Commercial Banks and Savings Institutions ���������������������� 7,307 13,926,006 8,825,663 7,009,281

Other FDIC-Insured Institutions

U.S. Branches of Foreign Banks ������������������������������������������������� 9 71,727 23,022 21,7

Total FDIC-Insured Institutions���������������������������������������������������� . 7,316 13,997,733 8,848,685 7,031,0

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

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

Quarter Ending December 31, 2011 (dollar figures in billions)

Annual Rate in Basis Points

Number of 

Institutions

Percent of Total 

Institutions

Amount of 

Assessment Base*

Percent of Total 

Assessment Base

2.50-5.00 1,161 15.76 $826 

5.01-7.50 2,167 29.42 1,564 1

7.51-10.00 1,950 26.47 3,818 3

10.01-15.00 1,183 16.06 3,517 2

15.01-20.00 82 1.11 1,873 1

 20.01-25.00 618 8.39 301 

 25.01-30.00 20 0.27 80 

 30.01-35.00 162 2.20 89 

greater than 35.00 23 0.31 33 0

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

required by the Dodd-Frank Act
FDIC Quarterly 19 2012, Volume 6, No. 2

Quarterly Banking Profile

Notes to Users

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

Insurance Corporation (FDIC). These notes are an integral 

part of this publication and provide information regarding 

the comparability of source data and reporting differences 

over time.

Tables I-A through VIII-A.

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

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

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

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

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

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

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

selected indicators, including aggregate condition and income 

data, performance ratios, condition ratios, and structural 

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

Tables I-B through IV-B.

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

comparative quarterly data related to the Deposit Insurance 

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

estimated FDIC-insured deposits, as well as assessment rate 

information. Depository institutions that are not insured by 

the FDIC through the DIF are not included in the FDIC 

Quarterly Banking Profile. U.S. branches of institutions 

headquartered in foreign countries and non-deposit trust 

companies are not included unless otherwise indicated. 

Efforts are made to obtain financial reports for all active 

institutions. However, in some cases, final financial reports 

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

DATA SOURCES

The financial information appearing in this publication is 

obtained primarily from the Federal Financial Institutions 

Examination Council (FFIEC) Consolidated Reports of 

Condition and Income (Call Reports) and the OTS Thrift 

Financial Reports submitted by all FDIC-insured depository 

institutions. (TFR filers began filing Call Reports effective 

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

stored on and retrieved from the FDIC’s Research 

Information System (RIS) database.

COMPUTATION METHODOLOGY

Parent institutions are required to file consolidated reports, 

while their subsidiary financial institutions are still required 

to file separate reports. Data from subsidiary institution 

reports are included in the Quarterly Banking Profile tables, 

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

for any double-counting of subsidiary data. Additionally, 

certain adjustments are made to the OTS Thrift Financial 

Reports to provide closer conformance with the reporting and 

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

All asset and liability figures used in calculating performance 

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

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

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

includes the results of all merged institutions. No adjustments 

are made for “purchase accounting” mergers. Growth rates 

represent the percentage change over a 12-month period in 

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

All data are collected and presented based on the location of 

each reporting institution’s main office. Reported data may 

include assets and liabilities located outside of the reporting 

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

across state lines or change their charters, resulting in an 

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

can move their home offices between regions, and savings 

institutions can convert to commercial banks or commercial 

banks may convert to savings institutions.

ACCOUNTING CHANGES

Goodwill Impairment Testing – In September 2011, the FASB 

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

“Testing Goodwill for Impairment,” to address concerns about 

the cost and complexity of the existing goodwill impairment 

test in ASC Topic 350, Intangibles-Goodwill and Other 

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

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

Topic 350 are effective for annual and interim goodwill 

impairment tests performed for fiscal years beginning after 

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

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

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

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

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

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

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

amount (including goodwill), then the institution does not 

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

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

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

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

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

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

choose to bypass the qualitative assessment for any reporting 

unit in any period and proceed directly to performing the first 

step of the two-step goodwill impairment test.

Extended Net Operating Loss Carryback Period – The Worker, 

Homeownership, and Business Assistance Act of 2009, which 

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

businesses, excluding those banking organizations that 

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

Asset Relief Program, to elect a net operating loss carryback 

period of three, four, or five years instead of the usual carryback period of two years for any one tax year ending after 
FDIC Quarterly 20 2012, Volume 6, No. 2

the modified repayment terms. A loan restructured in a TDR 

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

impairment in accordance with ASC Subtopic 310-10, 

Receivables – Overall (formerly FASB Statement No. 114, 

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

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

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

may be aggregated and measured for impairment with other 

impaired loans that share common risk characteristics by using 

historical statistics, such as average recovery period and average amount recovered, along with a composite effective interest rate. However, the outcome of such an aggregation 

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

Report instructions for loans that are “individually” considered 

impaired instead of the measurement method prescribed in 

ASC Subtopic 450-20, Contingencies – Loss Contingencies 

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

are collectively evaluated for impairment. When a loan not 

previously considered individually impaired is restructured and 

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

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

methods prescribed in ASC Subtopic 310-10.

Troubled Debt Restructurings and Accounting Standards Update 

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

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

Determination of Whether a Restructuring Is a Troubled 

Debt Restructuring,” to provide additional guidance to help 

creditors determine whether a concession has been granted to 

a borrower and whether a borrower is experiencing financial 

difficulties. The guidance is also intended to reduce diversity 

in practice in identifying and reporting TDRs. This ASU is 

effective for public companies for interim and annual periods 

beginning on or after June 15, 2011, and should be applied 

retrospectively to the beginning of the annual period of adoption for purposes of identifying TDRs. The measurement of 

impairment for any newly identified TDRs resulting from retrospective application will be applied prospectively in the first 

interim or annual period beginning on or after June 15, 2011. 

(For most public institutions, the ASU takes effect July 1, 

2011, but retrospective application begins as of January 1, 

2011.) Nonpublic companies should apply the new guidance 

for annual periods ending after December 15, 2012, including 

interim periods within those annual periods. (For most nonpublic institutions, the ASU will take effect January 1, 2012.) 

Early adoption of the ASU is permitted for both public and 

nonpublic entities. Nonpublic entities that adopt early are 

subject to a retrospective identification requirement. For 

additional information, institutions should refer to ASU 

2011-02, which is available at http://www.fasb.org/jsp/FASB/

Page/SectionPage&cid=1176156316498.

Accounting for Loan Participations – Amended ASC Topic 860 

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

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

loan participation, to qualify for sale accounting. These 

changes apply to transfers of loan participations on or after 

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

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

advances under lines of credit that are transferred on or after 

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

For calendar-year banks, this extended carryback period 

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

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

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

other carryback years.

Under generally accepted accounting principles, banks may 

not record the effects of this tax change in their balance 

sheets and income statements for financial and regulatory 

reporting purposes until the period in which the law was 

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

should recognize the effects of this fourth quarter 2009 tax 

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

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

amend their Call Reports for prior quarters for the effects of 

the extended net operating loss carryback period.

The American Recovery and Reinvestment Act of 2009, 

which was enacted on February 17, 2009, permits qualifying 

small businesses, including FDIC-insured institutions, to elect 

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

years instead of the usual carryback period of two years for 

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

effect of this tax change in their balance sheets and income 

statements for financial and regulatory reporting purposes 

until the period in which the law was enacted, i.e., the first 

quarter of 2009.

Troubled Debt Restructurings and Current Market Interest Rates – 

Many institutions are restructuring or modifying the terms of 

loans to provide payment relief for those borrowers who have 

suffered deterioration in their financial condition. Such loan 

restructurings may include, but are not limited to, reductions 

in principal or accrued interest, reductions in interest rates, 

and extensions of the maturity date. Modifications may be 

executed at the original contractual interest rate on the loan, 

a current market interest rate, or a below-market interest rate. 

Many of these loan modifications meet the definition of a 

troubled debt restructuring (TDR).

The TDR accounting and reporting standards are set forth in 

ASC Subtopic 310-40, Receivables – Troubled Debt 

Restructurings by Creditors (formerly FASB Statement No. 

15, “Accounting by Debtors and Creditors for Troubled Debt 

Restructurings,” as amended). This guidance specifies that a 

restructuring of a debt constitutes a TDR if, at the date of 

restructuring, the creditor for economic or legal reasons related to a debtor’s financial difficulties grants a concession to 

the debtor that it would not otherwise consider.

In the Call Report, until a loan that is a TDR is paid in full or 

otherwise settled, sold, or charged off, it must be reported in 

the appropriate loan category, as well as identified as a performing TDR loan, if it is in compliance with its modified 

terms. If a TDR is not in compliance with its modified terms, 

it is reported as a past-due and nonaccrual loan in the appropriate loan category, as well as distinguished from other past 

due and nonaccrual loans. To be considered in compliance 

with its modified terms, a loan that is a TDR must not be in 

nonaccrual status and must be current or less than 30 days past 

due on its contractual principal and interest payments under 
FDIC Quarterly 21 2012, Volume 6, No. 2

Quarterly Banking Profile

a transaction is not orderly. The FSP is effective for interim 

and annual reporting periods ending after June 15, 2009, 

with early adoption permitted for periods ending after 

March 15, 2009.

Fair value continues to be used for derivatives, trading securities, and available-for-sale securities. Changes in fair value go 

through earnings for trading securities and most derivatives. 

Changes in the fair value of available-for-sale securities are 

reported in other comprehensive income. Available-for-sale 

securities and held-to-maturity debt securities are written 

down to fair value if impairment is other than temporary and 

loans held for sale are reported at the lower of cost or fair 

value.

FAS 159 allows institutions to report certain financial assets 

and liabilities at fair value with subsequent changes in fair 

value included in earnings. In general, an institution may 

elect the fair value option for an eligible financial asset or 

liability when it first recognizes the instrument on its balance 

sheet or enters into an eligible firm commitment.

ASC Topic 715 (formerly FASB Statement No. 158 Employers’ 

Accounting for Defined Benefit Pension and Other Postretirement 

Plans) – refer to previously published Quarterly Banking Profile

notes: http://www2.fdic.gov/qbp/2011mar/qbpnot.html.

ASC Topic 860 (formerly FASB Statement No. 156 Accounting for 

Servicing of Financial Assets) – refer to previously published 

Quarterly Banking Profile notes: http://www2.fdic.gov/

qbp/2011mar/qbpnot.html.

ASC Topic 815 (formerly FASB Statement No. 155 Accounting for 

Certain Hybrid Financial Instruments) – refer to previously published Quarterly Banking Profile notes: http://www2.fdic.gov/

qbp/2011mar/qbpnot.html.

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

the option to buy back the loans that collateralize the 

GNMA securities, when certain delinquency criteria are met, 

ASC Topic 860 (formerly FASB Statement No. 140) requires 

that loans with this buy-back option must be brought back on 

the issuer’s books as assets. The rebooking of GNMA loans is 

required regardless of whether the issuer intends to exercise 

the buy-back option. The banking agencies clarified in May 

2005 that all GNMA loans that are rebooked because of 

delinquency should be reported as past due according to their 

contractual terms.

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

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

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

Statement No. 167, Amendments to FASB Interpretation 

No. 46(R) (FAS 167), which change the way entities account 

for securitizations and special purpose entities. FAS 166 

revised FASB Statement No. 140, Accounting for Transfers 

and Servicing of Financial Assets and Extinguishments of 

Liabilities, by eliminating the concept of a “qualifying specialpurpose entity,” creating the concept of a “participating interest,” changing the requirements for derecognizing financial 

assets, and requiring additional disclosures. FAS 167 revised 

FASB Interpretation No. 46(R), Consolidation of Variable 

Interest Entities, by changing how a bank or other company 

determines when an entity that is insufficiently capitalized or 

is not controlled through voting or similar rights, i.e., a “variable interest entity” (VIE), should be consolidated. Under 

FAS 167, a bank must perform a qualitative assessment to 

determine whether its variable interest or interests give it a 

the effective date of amended ASC Topic 860 even if the line 

of credit agreements were entered into before this effective 

date. Therefore, banks with a calendar-year fiscal year must 

account for transfers of loan participations on or after January 

1, 2010, in accordance with amended ASC Topic 860. In 

general, loan participations transferred before the effective 

date of amended ASC Topic 860 are not affected by this new 

accounting standard.

Under amended ASC Topic 860, if a transfer of a portion of 

an entire financial asset meets the definition of a “participating interest,” then the transferor (normally the lead lender) 

must evaluate whether the transfer meets all of the conditions 

in this accounting standard to qualify for sale accounting.

Other-Than-Temporary Impairment – When the fair value of an 

investment in an individual available-for-sale or held-tomaturity security is less than its cost basis, the impairment is 

either temporary or other-than-temporary. The amount of the 

total other-than-temporary impairment related to credit loss 

must be recognized in earnings, but the amount of total 

impairment related to other factors must be recognized in 

other comprehensive income, net of applicable taxes. To 

determine whether the impairment is other-than-temporary, 

an institution must apply the applicable accounting guidance 

– refer to previously published Quarterly Banking Profile notes: 

http://www2.fdic.gov/qbp/2011mar/qbpnot.html.

ASC Topic 805 (formerly Business Combinations and Noncontrolling 

(Minority) Interests) – In December 2007, the FASB issued 

Statement No. 141 (Revised), Business Combinations FAS 

141(R)), and Statement No. 160, Noncontrolling Interests in 

Consolidated Financial Statements (FAS 160). Under FAS 

141(R), all business combinations, including combinations of 

mutual entities, are to be accounted for by applying the acquisition method. FAS 160 defines a noncontrolling interest, 

also called a minority interest, as the portion of equity in an 

institution’s subsidiary not attributable, directly or indirectly, 

to the parent institution. FAS 160 requires an institution to 

clearly present in its consolidated financial statements the 

equity ownership in and results of its subsidiaries that are 

attributable to the noncontrolling ownership interests in 

these subsidiaries. FAS 141(R) applies prospectively to business combinations for which the acquisition date is on or 

after the beginning of the first annual reporting period beginning on or after December 15, 2008. Similarly, FAS 160 is 

effective for fiscal years beginning on or after December 15, 

2008. Thus, for institutions with calendar-year fiscal years, 

these two accounting standards take effect in 2009. Beginning 

in March 2009, Institution equity capital and Noncontrolling 

interests are separately reported in arriving at Total equity 

capital and Net income.

ASC Topic 820 (formerly FASB Statement No. 157 Fair Value 

Measurements issued in September 2006) and ASC Topic 825 

(formerly FASB Statement No. 159 The Fair Value Option for 

Financial Assets and Financial Liabilities) issued in February 2007 – 

both are effective in 2008 with early adoption permitted in 

2007. FAS 157 defines fair value and establishes a framework 

for developing fair value estimates for the fair value measurements that are already required or permitted under other standards. FASB FSP 157-4, issued in April 2009, provides 

additional guidance for estimating fair value in accordance 

with FAS 157 when the volume and level of activity for the 

asset or liability have significantly decreased. The FSP also 

includes guidance on identifying circumstances that indicate 
FDIC Quarterly 22 2012, Volume 6, No. 2

Assets securitized and sold – total outstanding principal balance 

of assets securitized and sold with servicing retained or other 

seller- provided credit enhancements.

Capital Purchase Program (CPP) – as announced in October 

2008 under the TARP, the Treasury Department purchase of 

noncumulative perpetual preferred stock and related warrants 

that is treated as Tier 1 capital for regulatory capital purposes 

is included in “Total equity capital.” Such warrants to purchase common stock or noncumulative preferred stock issued 

by publicly-traded banks are reflected as well in “Surplus.” 

Warrants to purchase common stock or noncumulative preferred stock of not-publicly-traded bank stock classified in a 

bank’s balance sheet as “Other liabilities.”

Construction and development loans – includes loans for all 

property types under construction, as well as loans for land 

acquisition and development.

Core capital – common equity capital plus noncumulative perpetual preferred stock plus minority interest in consolidated 

subsidiaries, less goodwill and other ineligible intangible 

assets. The amount of eligible intangibles (including servicing 

rights) included in core capital is limited in accordance with 

supervisory capital regulations.

Cost of funding earning assets – total interest expense paid on 

deposits and other borrowed money as a percentage of average 

earning assets.

Credit enhancements – techniques whereby a company attempts 

to reduce the credit risk of its obligations. Credit enhancement may be provided by a third party (external credit 

enhancement) or by the originator (internal credit enhancement), and more than one type of enhancement may be 

associated with a given issuance.

Deposit Insurance Fund (DIF) – the Bank (BIF) and Savings 

Association (SAIF) Insurance Funds were merged in 2006 by 

the Federal Deposit Insurance Reform Act to form the DIF.

Derivatives notional amount – the notional, or contractual, 

amounts of derivatives represent the level of involvement in 

the types of derivatives transactions and are not a quantification of market risk or credit risk. Notional amounts represent 

the amounts used to calculate contractual cash flows to be 

exchanged.

Derivatives credit equivalent amount – the fair value of the 

derivative plus an additional amount for potential future credit exposure based on the notional amount, the remaining 

maturity and type of the contract.

Derivatives transaction types:

Futures and forward contracts – contracts in which the buyer 

agrees to purchase and the seller agrees to sell, at a specified future date, a specific quantity of an underlying variable or index at a specified price or yield. These contracts 

exist for a variety of variables or indices, (traditional agricultural or physical commodities, as well as currencies and 

interest rates). Futures contracts are standardized and are 

traded on organized exchanges which set limits on counterparty credit exposure. Forward contracts do not have 

standardized terms and are traded over the counter.

Option contracts – contracts in which the buyer acquires the 

right to buy from or sell to another party some specified 

amount of an underlying variable or index at a stated price 

(strike price) during a period or on a specified future date, 

controlling financial interest in a VIE. If a bank’s variable 

interest or interests provide it with the power to direct the 

most significant activities of the VIE, and the right to receive 

benefits or the obligation to absorb losses that could potentially be significant to the VIE, the bank is the primary beneficiary of, and therefore must consolidate, the VIE.

Both FAS 166 and FAS 167 take effect as of the beginning of 

each bank’s first annual reporting period that begins after 

November 15, 2009, for interim periods therein, and for interim and annual reporting periods thereafter (i.e., as of January 

1, 2010, for banks with a calendar year fiscal year). Earlier 

application is prohibited. Banks are expected to adopt FAS 

166 and FAS 167 for Call Report purposes in accordance with 

the effective date of these two standards. Also, FAS 166 has 

modified the criteria that must be met in order for a transfer of 

a portion of a financial asset, such as a loan participation, to 

qualify for sale accounting. These changes apply to transfers of 

loan participations on or after the effective date of FAS 166. 

Therefore, banks with a calendar year fiscal year must account 

for transfers of loan participations on or after January 1, 2010, 

in accordance with FAS 166. In general, loan participations 

transferred before the effective date of FAS 166 (January 1, 

2010, for calendar year banks) are not affected by this new 

accounting standard and pre-FAS 166 participations that were 

properly accounted for as sales under FASB Statement No. 

140 will continue to be reported as having been sold.

ASC Topic 740 (formerly FASB Interpretation No. 48 on Uncertain 

Tax Positions) – refer to previously published Quarterly Banking 

Profile notes: http://www2.fdic.gov/qbp/2011mar/qbpnot.html.

ASC Topic 718 (formerly FASB Statement No. 123 (Revised 2004) 

and Share-Based Payments – refer to previously published 

Quarterly Banking Profile notes: http://www2.fdic.gov/

qbp/2008dec/qbpnot.html.

ASC Topic 815 (formerly FASB Statement No. 133 Accounting for 

Derivative Instruments and Hedging Activities) – refer to previously published Quarterly Banking Profile notes: http://www2.

fdic.gov/qbp/2008dec/qbpnot.html.

Accounting Standards Codification – refer to previously published 

Quarterly Banking Profile notes: http://www2.fdic.gov/

qbp/2011sep/qbpnot.html.

DEFINITIONS (in alphabetical order)

All other assets – total cash, balances due from depository 

institutions, premises, fixed assets, direct investments in real 

estate, investment in unconsolidated subsidiaries, customers’ 

liability on acceptances outstanding, assets held in trading 

accounts, federal funds sold, securities purchased with agreements to resell, fair market value of derivatives, prepaid 

deposit insurance assessments, and other assets.

All other liabilities – bank’s liability on acceptances, limited-life 

preferred stock, allowance for estimated off-balance-sheet credit losses, fair market value of derivatives, and other liabilities.

Assessment base – effective April 1, 2011, the deposit insurance assessment base has changed to “average consolidated 

total assets minus average tangible equity” with an additional 

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

assessment base was “assessable deposits” and consisted of DIF 

deposits (deposits insured by the FDIC Deposit Insurance 

Fund) in banks’ domestic offices with certain adjustments.
FDIC Quarterly 23 2012, Volume 6, No. 2

Quarterly Banking Profile

Goodwill and other intangibles – intangible assets include 

servicing rights, purchased credit card relationships, and other 

identifiable intangible assets. Goodwill is the excess of the 

purchase price over the fair market value of the net assets 

acquired, less subsequent impairment adjustments. Other 

intangible assets are recorded at fair value, less subsequent 

quarterly amortization and impairment adjustments.

Loans secured by real estate – includes home equity loans, 

junior liens secured by 1-4 family residential properties, and 

all other loans secured by real estate.

Loans to individuals – includes outstanding credit card balances 

and other secured and unsecured consumer loans.

Long-term assets (5+ years) – loans and debt securities with 

remaining maturities or repricing intervals of over five years.

Maximum credit exposure – the maximum contractual credit 

exposure remaining under recourse arrangements and other 

seller-provided credit enhancements provided by the reporting bank to securitizations.

Mortgage-backed securities – certificates of participation in 

pools of residential mortgages and collateralized mortgage 

obligations issued or guaranteed by government-sponsored or 

private enterprises. Also, see “Securities,” below.

Net charge-offs – total loans and leases charged off (removed 

from balance sheet because of uncollectibility), less amounts 

recovered on loans and leases previously charged off.

Net interest margin – the difference between interest and dividends earned on interest-bearing assets and interest paid to 

depositors and other creditors, expressed as a percentage of 

average earning assets. No adjustments are made for interest 

income that is tax exempt.

Net loans to total assets – loans and lease financing receivables, net of unearned income, allowance and reserves, as a 

percent of total assets on a consolidated basis.

Net operating income – income excluding discretionary transactions such as gains (or losses) on the sale of investment securities and extraordinary items. Income taxes subtracted from 

operating income have been adjusted to exclude the portion 

applicable to securities gains (or losses).

Noncurrent assets – the sum of loans, leases, debt securities, 

and other assets that are 90 days or more past due, or in nonaccrual status.

Noncurrent loans & leases – the sum of loans and leases 90 days 

or more past due, and loans and leases in nonaccrual status.

Number of institutions reporting – the number of institutions 

that actually filed a financial report.

New reporters – insured institutions filing quarterly financial 

reports for the first time.

Other borrowed funds – federal funds purchased, securities sold 

with agreements to repurchase, demand notes issued to the 

U.S. Treasury, FHLB advances, other borrowed money, mortgage indebtedness, obligations under capitalized leases and 

trading liabilities, less revaluation losses on assets held in 

trading accounts.

Other real estate owned – primarily foreclosed property. Direct 

and indirect investments in real estate ventures are excluded. 

The amount is reflected net of valuation allowances. For 

institutions that file a Thrift Financial Report (TFR), the 

valuation allowance subtracted also includes allowances for 

in return for compensation (such as a fee or premium). 

The seller is obligated to purchase or sell the variable or 

index at the discretion of the buyer of the contract.

Swaps – obligations between two parties to exchange a 

series of cash flows at periodic intervals (settlement dates), 

for a specified period. The cash flows of a swap are either 

fixed, or determined for each settlement date by multiplying the quantity (notional principal) of the underlying 

variable or index by specified reference rates or prices. 

Except for currency swaps, the notional principal is used 

to calculate each payment but is not exchanged.

Derivatives underlying risk exposure – the potential exposure 

characterized by the level of banks’ concentration in particular underlying instruments, in general. Exposure can result 

from market risk, credit risk, and operational risk, as well as, 

interest rate risk.

Domestic deposits to total assets – total domestic office deposits 

as a percent of total assets on a consolidated basis.

Earning assets – all loans and other investments that earn 

interest or dividend income.

Efficiency ratio – Noninterest expense less amortization of 

intangible assets as a percent of net interest income plus noninterest income. This ratio measures the proportion of net 

operating revenues that are absorbed by overhead expenses, 

so that a lower value indicates greater efficiency.

Estimated insured deposits – in general, insured deposits are 

total domestic deposits minus estimated uninsured deposits. 

Beginning March 31, 2008, for institutions that file Call 

Reports, insured deposits are total assessable deposits minus 

estimated uninsured deposits. Beginning September 30, 2009, 

insured deposits include deposits in accounts of $100,000 to 

$250,000 that are covered by a temporary increase in the 

FDIC’s standard maximum deposit insurance amount 

(SMDIA). The Dodd-Frank Wall Street Reform and 

Consumer Protection Act enacted on July 21, 2010, made 

permanent the standard maximum deposit insurance amount 

(SMDIA) of $250,000. Also, the Dodd-Frank Act amends 

the Federal Deposit Insurance Act to include noninterestbearing transaction accounts as a new temporary deposit 

insurance account category. All funds held in noninterestbearing transaction accounts are fully insured, without limit, 

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

Failed/assisted institutions – an institution fails when regulators 

take control of the institution, placing the assets and liabilities into a bridge bank, conservatorship, receivership, or 

another healthy institution. This action may require the 

FDIC to provide funds to cover losses. An institution is 

defined as “assisted” when the institution remains open and 

receives assistance in order to continue operating.

Fair Value – the valuation of various assets and liabilities on 

the balance sheet—including trading assets and liabilities, 

available-for-sale securities, loans held for sale, assets and 

liabilities accounted for under the fair value option, and foreclosed assets—involves the use of fair values. During periods 

of market stress, the fair values of some financial instruments 

and nonfinancial assets may decline.

FHLB advances – all borrowings by FDIC insured institutions 

from the Federal Home Loan Bank System (FHLB), as 

reported by Call Report filers and by TFR filers.
FDIC Quarterly 24 2012, Volume 6, No. 2

supervisory groups as well as the initial base assessment rates 

(in basis points) for each risk category. Supervisory Group A 

generally includes institutions with CAMELS composite ratings of 1 or 2; Supervisory Group B generally includes institutions with a CAMELS composite rating of 3; and Supervisory 

Group C generally includes institutions with CAMELS composite ratings of 4 or 5. For purposes of risk-based assessment 

capital groups, undercapitalized includes institutions that are 

significantly or critically undercapitalized.

Capital Category

Supervisory Group

A B C

1. Well Capitalized I

5–9 bps II

14 bps

III

23 bps 2. Adequately Capitalized II

14 bps

3. Undercapitalized III

23 bps

IV

35 bps

Effective April 1, 2011, the initial base assessment rates are 5 

to 35 basis points. An institution’s total assessment rate may 

be less than or greater than its initial base assessment rate as a 

result of additional risk adjustments.

The base assessment rates for small institutions in Risk 

Category I are based on a combination of financial ratios and 

CAMELS component ratings (the financial ratios method).

As required by Dodd-Frank, the calculation of risk-based 

assessment rates for large institutions no longer relies on longterm debt issuer ratings. Rates for large institutions are based 

on CAMELS ratings and certain forward-looking financial 

measures combined into two scorecards—one for most large 

institutions and another for the remaining very large institutions that are structurally and operationally complex or that 

pose unique challenges and risks in case of failure (highly 

complex institutions). In general, a highly complex institution is an institution (other than a credit card bank) with 

more than $500 billion in total assets that is controlled by a 

parent or intermediate parent company with more than $500 

billion in total assets or a processing bank or trust company 

with total fiduciary assets of $500 billion or more. The FDIC 

retains its ability to take additional information into account 

to make a limited adjustment to an institution’s total score 

(the large bank adjustment), which will be used to determine 

an institution’s initial base assessment rate.

Effective April 1, 2011, the three possible adjustments to 

an institution’s initial base assessment rate are as follows: 

(1) Unsecured Debt Adjustment: An institution’s rate may 

decrease by up to 5 basis points for unsecured debt. The unsecured debt adjustment cannot exceed the lesser of 5 basis 

points or 50 percent of an institution’s initial base assessment 

rate (IBAR). Thus, for example, an institution with an IBAR 

of 5 basis points would have a maximum unsecured debt 

adjustment of 2.5 basis points and could not have a total base 

assessment rate lower than 2.5 basis points. (2) Depository 

Institution Debt Adjustment: For institutions that hold longterm unsecured debt issued by another insured depository 

institution, a 50 basis point charge is applied to the amount 

of such debt held in excess of 3 percent of an institution’s 

Tier 1 capital. (3) Brokered Deposit Adjustment: Rates for 

small institutions that are not in Risk Category I and for large 

other repossessed assets. Also, for TFR filers the components 

of other real estate owned are reported gross of valuation 

allowances. (TFR filers began filing Call Reports effective 

with the quarter ending March 31, 2012.)

Percent of institutions with earnings gains – the percent of institutions that increased their net income (or decreased their 

losses) compared to the same period a year earlier.

“Problem” institutions – federal regulators assign a composite 

rating to each financial institution, based upon an evaluation 

of financial and operational criteria. The rating is based on a 

scale of 1 to 5 in ascending order of supervisory concern. 

“Problem” institutions are those institutions with financial, 

operational, or managerial weaknesses that threaten their 

continued financial viability. Depending upon the degree of 

risk and supervisory concern, they are rated either a “4” or 

“5.” The number and assets of “problem” institutions are 

based on FDIC composite ratings. Prior to March 31, 2008, 

for institutions whose primary federal regulator was the OTS, 

the OTS composite rating was used.

Recourse – an arrangement in which a bank retains, in form or 

in substance, any credit risk directly or indirectly associated 

with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the 

bank’s claim on the asset. If a bank has no claim on an asset 

it has sold, then the retention of any credit risk is recourse.

Reserves for losses – the allowance for loan and lease losses on 

a consolidated basis.

Restructured loans and leases – loan and lease financing receivables with terms restructured from the original contract. 

Excludes restructured loans and leases that are not in compliance with the modified terms.

Retained earnings – net income less cash dividends on common and preferred stock for the reporting period.

Return on assets – bank net income (including gains or losses 

on securities and extraordinary items) as a percentage of average total (consolidated) assets. The basic yardstick of bank 

profitability.

Return on equity – bank net income (including gains or losses 

on securities and extraordinary items) as a percentage of average total equity capital.

Risk-based capital groups – definition:

(Percent)

Total 

Risk-Based 

Capital*

Tier 1

Risk-Based 

Capital*

Tier 1 

Leverage

Tangible

Equity

Well-capitalized ≥10 and ≥6 and ≥5 –

Adequately 

capitalized ≥8 and ≥4 and ≥4 –

Undercapitalized ≥6 and ≥3 and ≥3 –

Significantly 

undercapitalized <6 or <3 or <3 and >2

Critically 

undercapitalized – – – ≤2

* As a percentage of risk-weighted assets.

Risk Categories and Assessment Rate Schedule – The current risk 

categories became effective January 1, 2007. Capital ratios 

and supervisory ratings distinguish one risk category from 

another. Effective April 1, 2011, risk categories for large institutions (generally those with at least $10 billion in assets) are 

eliminated. The following table shows the relationship of risk 

categories (I, II, III, IV) for small institutions to capital and 
FDIC Quarterly 25 2012, Volume 6, No. 2

Quarterly Banking Profile

Securities – excludes securities held in trading accounts. 

Banks’ securities portfolios consist of securities designated as 

“held-to-maturity,” which are reported at amortized cost 

(book value), and securities designated as “available-for-sale,” 

reported at fair (market) value.

Securities gains (losses) – realized gains (losses) on held-tomaturity and available-for-sale securities, before adjustments 

for income taxes. Thrift Financial Report (TFR) filers also 

include gains (losses) on the sales of assets held for sale. 

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

Seller’s interest in institution’s own securitizations – the reporting 

bank’s ownership interest in loans and other assets that have 

been securitized, except an interest that is a form of recourse 

or other seller-provided credit enhancement. Seller’s interests 

differ from the securities issued to investors by the securitization structure. The principal amount of a seller’s interest is 

generally equal to the total principal amount of the pool of 

assets included in the securitization structure less the principal amount of those assets attributable to investors, i.e., in the 

form of securities issued to investors.

Small Business Lending Fund – The Small Business Lending 

Fund (SBLF), which was enacted into law in September 2010 

as part of the Small Business Jobs Act of 2010, is a $30 billion 

fund that encourages lending to small businesses by providing 

capital to qualified community institutions with assets of less 

than $10 billion. The U.S. Treasury Department is administering the SBLF Program (http://www.treasury.gov/resourcecenter/sb-programs/Pages/Small-Business-Lending-Fund.aspx).

Under the SBLF Program, the Treasury Department purchases noncumulative perpetual preferred stock from qualifying 

depository institutions and holding companies (other than 

Subchapter S and mutual institutions). When this stock is 

issued by a depository institution, it is reported as “Perpetual 

preferred stock and related surplus.” For regulatory capital 

purposes, this noncumulative perpetual preferred stock qualifies as a component of Tier 1 capital. Qualifying Subchapter 

S corporations and mutual institutions issue unsecured subordinated debentures to the Treasury Department through the 

SBLF. Depository institutions that issue these report them as 

“Subordinated notes and debentures.” For regulatory capital 

purposes, the debentures are eligible for inclusion in an institution’s Tier 2 capital in accordance with their primary federal regulator’s capital standards. To participate in the SBLF 

Program, an institution with outstanding securities issued to 

the Treasury Department under the Capital Purchase Program 

(CPP) is required to refinance or repay in full the CPP securities at the time of the SBLF funding. Any outstanding warrants that an institution issued to the Treasury Department 

under the CPP remain outstanding after the refinancing of 

the CPP stock through the SBLF Program unless the institution chooses to repurchase them.

Subchapter S corporation – a Subchapter S corporation is treated as a pass-through entity, similar to a partnership, for federal income tax purposes. It is generally not subject to any 

federal income taxes at the corporate level. This can have the 

effect of reducing institutions’ reported taxes and increasing 

their after-tax earnings.

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 

institutions that are not well capitalized or do not have a 

composite CAMELS rating of 1 or 2 may increase (not to 

exceed 10 basis points) if their brokered deposits exceed 10 

percent of domestic deposits. After applying all possible 

adjustments (excluding the Depository Institution Debt 

Adjustment), minimum and maximum total base assessment 

rates for each risk category are as follows:

Total Base Assessment Rates*

Risk 

Category 

I

Risk 

Category 

II

Risk 

Category 

III

Risk 

Category 

IV

Large and 

Highly 

Complex 

Institutions

Initial base 

assessment rate 5–9 14 23 35 5–35

Unsecured debt 

adjustment -4.5–0 -5–0 -5–0 -5–0 -5–0

Brokered deposit 

adjustment — 0–10 0–10 0–10 0–10

Total Base 

Assessment rate 2.5–9 9–24 18–33 30–45 2.5–45

* All amounts for all categories are in basis points annually. Total base rates that are 

not the minimum or maximum rate will vary between these rates. Total base assessment rates do not include the depository institution debt adjustment.

Beginning in 2007, each institution is assigned a risk-based 

rate for a quarterly assessment period near the end of the 

quarter following the assessment period. Payment is generally 

due on the 30th day of the last month of the quarter following the assessment period. Supervisory rating changes are 

effective for assessment purposes as of the examination transmittal date.

Special Assessment – On May 22, 2009, the FDIC board 

approved a final rule that imposed a 5 basis point special 

assessment as of June 30, 2009. The special assessment was 

levied on each insured depository institution’s assets minus 

its Tier 1 capital as reported in its report of condition as of 

June 30, 2009. The special assessment was collected 

September 30, 2009, at the same time that the risk-based 

assessment for the second quarter of 2009 was collected. 

The special assessment for any institution was capped at 

10 basis points of the institution’s assessment base for the 

second quarter of 2009 risk-based assessment.

Prepaid Deposit Insurance Assessments – In November 2009, 

the FDIC Board of Directors adopted a final rule requiring 

insured depository institutions (except those that are 

exempted) to prepay their quarterly risk-based deposit 

insurance assessments for the fourth quarter of 2009, and 

for all of 2010, 2011, and 2012, on December 30, 2009. 

Each institution’s regular risk-based deposit insurance 

assessment for the third quarter of 2009, which is paid in 

arrears, also was payable on December 30, 2009. For regulatory capital purposes, an institution may assign a zeropercent risk weight to the amount of its prepaid deposit 

assessment asset.

Risk-weighted assets – assets adjusted for risk-based capital 

definitions which include on-balance-sheet as well as offbalance-sheet items multiplied by risk-weights that range 

from zero to 200 percent. A conversion factor is used to assign 

a balance sheet equivalent amount for selected off-balancesheet accounts.
FDIC Quarterly 26 2012, Volume 6, No. 2

loans secured by commercial real estate, and unused commitments to originate or purchase loans. (Excluded are commitments after June 2003 for originated mortgage loans held for 

sale, which are accounted for as derivatives on the balance 

sheet.)

Yield on earning assets – total interest, dividend, and fee 

income earned on loans and investments as a percentage of 

average earning assets.

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, 

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