FDIC Quarterly 1 2009, Volume 3, No. 2

Quarterly Banking Profile First Quarter 2009

Highest Earnings in Four Quarters Are 61 Percent 

Lower than a Year Ago

Sharply higher trading revenues at large banks helped 

FDIC-insured institutions post an aggregate net profit of 

$7.6 billion in the first quarter of 2009. Realized gains 

on securities and other assets at a few large institutions 

also contributed to the quarter’s profits. First quarter 

earnings were $11.7 billion (60.8 percent) lower than 

in the first quarter of 2008 but represented a significant 

recovery from the $36.9 billion net loss the industry 

reported in the fourth quarter of 2008.1 Provisions for 

loan and lease losses were lower than in the fourth 

quarter of 2008 but continued to rise on a year-overyear basis. The increase in loss provisions, higher 

1

 Amended financial reports received since the publication of the 

fourth quarter 2008 Quarterly Banking Profile caused the industry’s 

fourth-quarter net loss to widen from $32.1 billion to $36.9 billion. 

The amendments included higher expenses for goodwill impairment 

and increased loan-loss provisions.

charges for goodwill impairment, and reduced income 

from securitization activity were the primary causes of 

the year-over-year decline in industry net income. 

Evidence of earnings weakness was widespread in the 

first quarter; more than one out of every five institutions (21.6 percent) reported a net loss, and almost 

three out of every five (59.3 percent) reported lower net 

income than in the first quarter of 2008.

Loss Provisions Continue to Weigh Heavily 

on Earnings

Insured institutions set aside $60.9 billion in loan loss 

provisions in the first quarter, an increase of $23.7 

billion (63.6 percent) from the first quarter of 2008. 

Almost two out of every three insured institutions 

(65.4 percent) increased their loss provisions. Goodwill 

impairment charges and other intangible asset expenses 

rose to $7.2 billion from $2.8 billion a year earlier. 

Against these negative factors, total noninterest income 

■ Net Income of $7.6 Billion Is Less than Half Year-Earlier Level

■ Noninterest Income Registers Strong Rebound at Large Banks

■ Aggressive Reserve Building Trails Growth in Troubled Loans

■ Industry Assets Contract by $302 Billion

■ Total Equity Capital Increases by $82.1 Billion

INSURED INSTITUTION PERFORMANCE

Industry Income Remains Well Below Normal

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

Securities and Other Gains/Losses, Net

Net Operating Income

$ Billions

2004 2005 2006 2007 2008

-40

-30

-20

-10

0

10

20

30

40

50

31.8 31.2 32.5 31.0 34.0 33.2 34.7 32.6

36.9 38.0 38.1 35.3 35.6 36.8

28.7

0.6

19.3

4.8 0.9

-36.9

7.6

2009

Chart 1 Chart 2

4.4

7.8

1.9

23.7

6.4

0

5

10

15

20

25

Increase in

Net Interest

Income

Increase in

Noninterest

Income

Increase in

Realized Gains

on Securities

Increase in

Loan Loss

Provision

Increase in

Noninterest

Expense

1st Quarter 2009 vs. 1st Quarter 2008

($ Billions) 

Positive Factors

Negative

Factors 

Loss Provisions Continue to Be the Most Signicant

Factor Affecting Industry Earnings 

With great sadness we note the passing of L. William Seidman, Chairman of the FDIC from 1985 to 1991, and founder of the 

Quarterly Banking Profile. His wisdom and leadership through difficult times continue to inspire, as does his commitment to 

openness, transparency, and an informed public.
FDIC Quarterly 2 2009, Volume 3, No. 2

Chart 4

-10

0

10

20

30

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60

70

80

90

100

1234123412341

Quarterly Change in Noncurrent Loans

Quarterly Net Charge-offs

Asset Quality Is Still Deteriorating $ Billions

2006 2007 2008 2009

4.2 6.6 10.6 13.3 12.0 15.3

26.2

44.0 45.8

55.5

49.4

83.2

97.1

contributed $68.3 billion to pretax earnings, a 

$7.8-billion (12.8 percent) improvement over the first 

quarter of 2008. Net interest income was $4.4 billion 

(4.7 percent) higher, and realized gains on securities 

and other assets were up by $1.9 billion (152.6 

percent). The rebound in noninterest income stemmed 

primarily from higher trading revenue at a few large 

banks, but gains on loan sales and increased servicing 

fees also provided a boost to noninterest revenues. 

Trading revenues were $7.6 billion higher than a year 

earlier, servicing fees were up by $2.4 billion, and realized gains on securities and other assets were $1.9 

billion higher. Nevertheless, these positive developments were outweighed by the higher expenses for bad 

loans and goodwill impairment. The average return on 

assets (ROA) was 0.22 percent, less than half the 0.58 

percent registered in the first quarter of 2008 and less 

than one-fifth the 1.20 percent ROA the industry 

enjoyed in the first quarter of 2007.

Lower Funding Costs Lift Large Bank Margins

For the sixth consecutive quarter, falling interest rates 

caused declines in both average funding costs and average asset yields. The industry’s average funding cost fell 

by more than its average asset yield in the quarter, and 

the quarterly net interest margin (NIM) improved from 

fourth quarter 2008 and first quarter 2008 levels. The 

average NIM in the first quarter was 3.39 percent, 

compared to 3.34 percent in the fourth quarter of 2008 

and 3.33 percent in the first quarter of 2008. This is the 

highest level for the industry NIM since the second 

quarter of 2006. However, most of the improvement 

was concentrated among larger institutions; more than 

half of all institutions (55.4 percent) reported lower 

NIMs compared to a year earlier, and almost two-thirds 

(66.0 percent) had lower NIMs than in the fourth quarter of 2008. The average NIM at institutions with less 

than $1 billion in assets fell from 3.66 percent in the 

fourth quarter to 3.56 percent, a 21-year low.

Charge-Offs Continue to Rise in All Major 

Loan Categories

First-quarter net charge-offs of $37.8 billion were 

slightly lower than the $38.5 billion the industry 

charged-off in the fourth quarter of 2008, but they were 

almost twice as high as the $19.6 billion total in the 

first quarter of 2008. The year-over-year rise in chargeoffs was led by loans to commercial and industrial 

(C&I) borrowers, where charge-offs increased by $4.2 

billion (170 percent); by credit cards (up $3.4 billion, 

or 68.9 percent); by real estate construction loans (up 

$2.9 billion, or 161.7 percent); and by closed-end 1–4 

family residential real estate loans (up $2.7 billion, or 

64.9 percent). Net charge-offs in all major categories 

were higher than a year ago. The annualized net 

charge-off rate on total loans and leases was 1.94 

percent, slightly below the 1.95 percent rate in the 

fourth quarter of 2008 that is the highest quarterly net 

charge-off rate in the 25 years that insured institutions 

have reported these data. Well over half of all insured 

institutions (58.3 percent) reported year-over-year 

increases in quarterly charge-offs.

Noncurrent Loans Rise by $59.2 Billion

The high level of charge-offs did not stem the growth 

in noncurrent loans in the first quarter. On the 

contrary, noncurrent loans and leases increased by 

$59.2 billion (25.5 percent), the largest quarterly 

increase in the three years that noncurrent loans have 

Chart 3

2.5

3.0

3.5

4.0

4.5

123412341 2 3 4123 4123 4 1

Assets < $1 Billion

Assets > $1 Billion

Community Bank Margins Declined in the First Quarter

Quarterly Net Interest Margin

(Percent)

3.56%

3.37%

2004 2005 2006 2007 2008 2009
FDIC Quarterly 3 2009, Volume 3, No. 2

Quarterly Banking Profile

than half of the increase in equity consisted of goodwill). The industry’s tier one leverage capital increased 

by a record $69.8 billion (7.0 percent) during the quarter, and the average leverage capital ratio increased 

from 7.48 percent to 8.04 percent. Most of the aggregate increase in capital was concentrated among a relatively small number of institutions, including some 

institutions participating in the U.S. Treasury Department’s Troubled Asset Relief Program (TARP). A 

majority of institutions (55.3 percent) reported declines 

in their leverage capital ratios during the quarter. A 

number of institutions reduced their dividend payments 

in the first quarter, as the total amount of dividends 

paid by insured institutions fell by almost half ($6.8 

billion) compared to the first quarter of 2008. Of the 

3,603 institutions that paid dividends in the first quarter of 2008, two-thirds (2,337 institutions) reduced 

their dividends in the current quarter, including 995 

institutions that eliminated first quarter dividends.

Downsizing at a Few Large Banks Causes 

$302-Billion Decline in Industry Assets

Total assets declined by $301.7 billion (2.2 percent) 

during the quarter, as a few large banks reduced their 

loan portfolios and trading accounts. This is the largest 

percentage decline in industry assets in a single quarter 

in the 25 years for which quarterly data are available. 

Eight large institutions accounted for the entire decline 

in industry assets; most insured institutions (67.3 

percent) reported increased assets during the quarter, 

although only 47 percent had increases in their loan 

balances. The decline in industry assets consisted 

primarily of a $159.6-billion (2.1-percent) reduction in 

loans and leases, a $144.5-billion (14.9-percent) decline 

in assets in trading accounts, and a $91.7-billion 

been rising. The percentage of loans and leases that 

were noncurrent rose from 2.95 percent to 3.76 percent 

during the quarter; the noncurrent rate is now at the 

highest level since the second quarter of 1991. The rise 

in noncurrent loans was led by real estate loans, which 

accounted for 84 percent of the overall increase. 

Noncurrent closed-end 1–4 family residential mortgage 

loans increased by $26.7 billion (28.1 percent), while 

noncurrent real estate construction loans were up by 

$10.5 billion (20.3 percent), and noncurrent loans 

secured by nonfarm nonresidential real estate properties 

rose by $6.9 billion (40 percent). All major loan categories experienced rising levels of noncurrent loans, and 

58 percent of insured institutions reported increases in 

their noncurrent loans during the quarter.

Reserve Building Continues

Loss provisions surpassed net charge-offs by $23.1 

billion in the first quarter, and the industry’s loan loss 

reserves increased by $20.0 billion (11.5 percent). The 

ratio of reserves to total loans rose during the quarter 

from 2.21 percent to 2.50 percent, an all-time high. 

The previous record level of 2.38 percent was reached 

at the end of the first quarter of 1992. Despite the rise 

in the level of reserves relative to total loans, the industry’s ratio of reserves to noncurrent loans fell for a 12th 

consecutive quarter, from 74.8 percent to 66.5 percent, 

the lowest level in 17 years.

Industry Capital Registers Largest Quarterly 

Increase Since 2004

Total equity capital of insured institutions increased by 

$82.1 billion in the first quarter, the largest quarterly 

increase since the third quarter of 2004 (when more 

Chart 5

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7

8

9

1984 1986 1989 1991 1994 1996 1999 2001 2004 2006 2009

0

100

200

300

400

500

600

700

Credit Card Charge-Off Rate

Personal Bankruptcy Filings

The Credit Card Loss Rate Is at an All-Time High

Source: Administrative Office of the U.S. Courts

Net Charge-Off Rate

(Percent)

Number of Bankruptcies

(Thousands)

Chart 6

6

7

8

9

10

11

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13

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123412341234123412341234 1

Percent

Capital Growth at Large Banks Lifted Industry Averages

Total Risk-Based Capital

Tier 1 Risk-Based Capital

Equity to Assets

Core Capital (Leverage)

2003 2004 2005 2006 2007 2008 2009
FDIC Quarterly 4 2009, Volume 3, No. 2

Twenty-One Failures Is Highest Quarterly Total 

Since 1992

The number of FDIC-insured commercial banks and 

savings institutions reporting financial results declined 

from 8,305 to 8,246 in the first quarter. Mergers 

absorbed 50 institutions, while 21 insured institutions 

failed. This is the largest number of failed institutions in 

a quarter since the fourth quarter of 1992. Thirteen new 

charters were added in the first quarter, the fewest since 

the first quarter of 1994. During the quarter, the 

number of insured banks and thrifts on the FDIC’s 

“Problem List” increased from 252 to 305, and total 

assets of “problem” institutions rose from $159 billion 

to $220 billion.

Author: Ross Waldrop, Sr. Banking Analyst

Division of Insurance and Research

(202) 898-3951

(12.7-percent) drop in Fed funds sold and securities 

purchased under resale agreements. Balances with 

Federal Reserve banks, which had increased by $488.2 

billion in the previous two quarters, declined by $32.5 

billion (6.3 percent) during the first quarter. Unused 

loan commitments fell for a fifth consecutive quarter, 

declining by $532.0 billion (7.4 percent). Most of the 

reduction occurred in credit card lines, which fell by 

$406.6 billion (9.9 percent), but unused commitments 

declined for all major loan categories during the quarter. The amount of assets securitized and sold declined 

by $26.6 billion (1.4 percent) during the quarter.

Deposit Share of Funding Rises Even as Total 

Deposits Decline

The decline in industry assets and the increase in equity 

capital meant a reduced need for funding during the 

quarter. Total deposits declined by $81.3 billion (0.9 

percent), while nondeposit liabilities fell by $320.2 

billion (9.1 percent). Deposits in domestic offices 

increased modestly ($41.9 billion, or 0.6 percent), with 

time deposits falling by $72.5 billion (2.6 percent). 

Deposits in foreign offices declined by $123.2 billion 

(8.0 percent). Liabilities in trading accounts fell by 

$116.8 billion (24.6 percent), while Federal Home 

Loan Bank advances declined for a second consecutive 

quarter, falling by $91.0 billion (11.6 percent). Deposits 

funded 66.1 percent of total industry assets at the end of 

the quarter, up from 65.3 percent at the end of 2008. 

This is the highest deposit funding share since 

March 2002.

Chart 7

Asset Declines at Large Banks Are Reflected in 

Industry Growth Rates*

Change in Total Assets

(Percent)

-4

-2

0

2

4

6

8

10

12

14

1990 1992 1994 1996 1998 2000 2002 2004 2006 2008

* Through First Quarter 2009

1.3 %

Chart 8

Failures Hit a 17-Year High in the First Quarter*

Number of failures

0

20

40

60

80

100

120

140

1990 1992 1994 1996 1998 2000 2002 2004 2006 2008

* Through First Quarter 2009. Does not include assistance transactions.
FDIC Quarterly 5 2009, Volume 3, No. 2

Quarterly Banking Profile

TABLE I-A. Selected Indicators, All FDIC-Insured Institutions* 2009** 2008** 2008 2007 2006 2005 2004

Return on assets (%)������������������������������������������������������������������������������������������������������ 0.22 0.58 0.04 0.81 1.28 1.

Return on equity (%)������������������������������������������������������������������������������������������������������� 2.26 5.69 0.41 7.75 12.30 12.4

Core capital (leverage) ratio (%) ������������������������������������������������������������������������������������ 8.04 7.89 7.48 7.97 8.22 8.

Noncurrent assets plus other real estate owned to assets (%) ������������������������������������ 2.39 1.14 1.89 0.94 0.54 0.

Net charge-offs to loans (%) ������������������������������������������������������������������������������������������ 1.94 0.99 1.29 0.59 0.39 0.

Asset growth rate (%) ����������������������������������������������������������������������������������������������������� 1.29 11.58 6.21 9.89 9.04 7.6

Net interest margin (%)��������������������������������������������������������������������������������������������������� 3.39 3.33 3.18 3.29 3.31 3.

Net operating income growth (%)����������������������������������������������������������������������������������� -69.94 -46.54 -90.13 -27.58 8.52 11.

Number of institutions reporting������������������������������������������������������������������������������������� 8,246 8,494 8,305 8,534 8,680 8,833 8,976

Commercial banks��������������������������������������������������������������������������������������������������� 7,037 7,240 7,085 7,283 7,401 7,526 7,631

Savings institutions ������������������������������������������������������������������������������������������������� 1,209 1,254 1,220 1,251 1,279 1,307 1,345

Percentage of unprofitable institutions (%)�������������������������������������������������������������������� 21.65 14.23 24.41 12.07 7.94 6.

Number of problem institutions �������������������������������������������������������������������������������������� 305 90 252 76 50 52 80

Assets of problem institutions (in billions) ��������������������������������������������������������������������� $220 $26 $159 $22 $8 $7 $28

Number of failed institutions������������������������������������������������������������������������������������������� 21 2 25 3 0 0 4

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

* Excludes insured branches of foreign banks (IBAs)

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

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

(dollar figures in millions) 1st Quarter

2009

4th Quarter

2008

1st Quarter

2008

%Change 

08Q1-09Q1

Number of institutions reporting������������������������������������������������������������������������������������� 8,246 8,305 8,494 -2.

Total employees (full-time equivalent)��������������������������������������������������������������������������� 2,114,527 2,151,758 2,212,503 -4.

CONDITION DATA

Total assets �������������������������������������������������������������������������������������������������������������������� $13,541,630 $13,843,297 $13,369,430 1.

Loans secured by real estate���������������������������������������������������������������������������������� 4,700,451 4,705,001 4,804,908 -2.

 1-4 Family residential mortgages �������������������������������������������������������������������� 2,045,216 2,045,269 2,215,134 -7.

 Nonfarm nonresidential������������������������������������������������������������������������������������ 1,076,859 1,066,096 990,362 8.

 Construction and development������������������������������������������������������������������������ 566,851 590,943 631,794 -10.

 Home equity lines��������������������������������������������������������������������������������������������� 674,334 668,253 624,920 7.

Commercial & industrial loans �������������������������������������������������������������������������������� 1,434,602 1,494,419 1,480,874 -3.

Loans to individuals������������������������������������������������������������������������������������������������� 1,046,284 1,088,881 1,048,165 -0.

 Credit cards ������������������������������������������������������������������������������������������������������ 403,072 444,692 386,849 4.

Farm loans��������������������������������������������������������������������������������������������������������������� 56,150 59,912 53,954 4.

Other loans & leases����������������������������������������������������������������������������������������������� 500,664 528,406 582,458 -14.

Less: Unearned income ������������������������������������������������������������������������������������������ 3,996 2,876 2,455 62.

Total loans & leases ������������������������������������������������������������������������������������������������ 7,734,154 7,873,742 7,967,904 -2.

Less: Reserve for losses����������������������������������������������������������������������������������������� 193,626 173,657 121,112 59.

Net loans and leases����������������������������������������������������������������������������������������������� 7,540,528 7,700,085 7,846,792 -3.

Securities����������������������������������������������������������������������������������������������������������������� 2,207,071 2,035,389 1,953,045 13.

Other real estate owned������������������������������������������������������������������������������������������ 29,670 26,691 15,648 89.

Goodwill and other intangibles ������������������������������������������������������������������������������� 415,316 421,667 469,180 -11.

All other assets�������������������������������������������������������������������������������������������������������� 3,349,045 3,659,466 3,084,766 8.

Total liabilities and capital ���������������������������������������������������������������������������������������������� 13,541,630 13,843,297 13,369,430 1.

Deposits������������������������������������������������������������������������������������������������������������������� 8,954,432 9,035,732 8,565,753 4.

 Domestic office deposits���������������������������������������������������������������������������������� 7,538,366 7,496,432 7,068,971 6.

 Foreign office deposits������������������������������������������������������������������������������������� 1,416,066 1,539,300 1,496,782 -5.

Other borrowed funds ��������������������������������������������������������������������������������������������� 2,416,730 2,575,474 2,586,733 -6.

Subordinated debt��������������������������������������������������������������������������������������������������� 170,929 185,464 185,580 -7.

All other liabilities ���������������������������������������������������������������������������������������������������� 607,862 754,808 670,412 -9.

Equity capital ����������������������������������������������������������������������������������������������������������� 1,391,678 1,291,818 1,360,952 2.

Loans and leases 30-89 days past due������������������������������������������������������������������������� 158,205 157,797 111,000 42.

Noncurrent loans and leases ����������������������������������������������������������������������������������������� 291,233 232,013 136,900 112.

Restructured loans and leases �������������������������������������������������������������������������������������� 32,911 23,922 14,245 131.

Direct and indirect investments in real estate ��������������������������������������������������������������� 863 906 954 -9.

Mortgage-backed securities ������������������������������������������������������������������������������������������ 1,313,042 1,299,728 1,281,381 2.

Earning assets���������������������������������������������������������������������������������������������������������������� 11,600,674 11,772,696 11,474,467 1.

FHLB advances �������������������������������������������������������������������������������������������������������������� 696,672 787,690 841,580 -17.

Unused loan commitments��������������������������������������������������������������������������������������������� 6,619,585 7,151,592 8,292,731 -20.

Trust assets��������������������������������������������������������������������������������������������������������������������� 16,271,389 17,230,245 20,851,058 -22.

Assets securitized and sold***��������������������������������������������������������������������������������������� 1,884,319 1,910,882 1,721,042 9.

Notional amount of derivatives***���������������������������������������������������������������������������������� 203,382,420 212,103,859 181,629,418 12.

INCOME DATA

Full Year 

2008

Full Year 

2007 %Change

1st Quarter 

2009

1st Quarter 

2008

%Change 

08Q1-09Q1

Total interest income ������������������������������������������������������������������� $603,321 $724,858 -16.8 $142,077 $178,586 -20

Total interest expense ����������������������������������������������������������������� 245,590 372,144 -34.0 42,968 83,881 -48

Net interest income �������������������������������������������������������������� 357,731 352,714 1.4 99,109 94,704 4

Provision for loan and lease losses �������������������������������������������� 175,873 69,193 154.2 60,913 37,234 63

Total noninterest income ������������������������������������������������������������� 207,428 233,098 -11.0 68,319 60,553 12

Total noninterest expense ����������������������������������������������������������� 367,872 367,043 0.2 97,245 90,882 7

Securities gains (losses)������������������������������������������������������������� -15,309 -1,369 N/M 3,113 1,232 152.

Applicable income taxes ������������������������������������������������������������� 6,210 46,481 -86.6 4,533 8,973 -49

Extraordinary gains, net�������������������������������������������������������������� 5,358 -1,735 N/M -29 -132 N/M

Net income���������������������������������������������������������������������������� 5,254 99,990 -94.8 7,560 19,270 -60

Net charge-offs���������������������������������������������������������������������������� 100,232 44,118 127.2 37,847 19,645 92

Cash dividends ���������������������������������������������������������������������������� 51,077 110,348 -53.7 7,237 13,992 -48

Retained earnings ����������������������������������������������������������������������� -45,823 -10,358 N/M 323 5,277 -93.

Net operating income����������������������������������������������������������� 10,111 102,406 -90.1 5,663 18,841 -69

*** Call Report filers only. N/M - Not Meaningf
FDIC Quarterly 6 2009, Volume 3, No. 2

TABLE III-A. First Quarter 2009, All FDIC-Insured Institutions

Asset Concentration Groups*

First q

(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����������������������� 8,246 25 5 1,524 4,681 836 80 305 745 45

Commercial banks������������������������������������� 7,037 21 5 1,519 4,188 233 62 278 695 36

Savings institutions ����������������������������������� 1,209 4 0 5 493 603 18 27 50 9

Total assets (in billions)������������������������������������ $13,541.6 $476.0 $3,203.0 $165.5 $6,003.6 $1,100.1 $73.2 $36.2 $104.

Commercial banks������������������������������������� 12,006.9 451.2 3,203.0 165.0 5,493.1 257.5 32.5 32.5 92

Savings institutions ����������������������������������� 1,534.8 24.9 0.0 0.5 510.5 842.6 40.7 3.7 

Total deposits (in billions)��������������������������������� 8,954.4 192.3 1,957.5 134.0 4,350.5 611.9 62.1 27.9 86

Commercial banks������������������������������������� 7,983.4 176.9 1,957.5 133.6 4,004.7 106.1 26.8 25.4 76

Savings institutions ����������������������������������� 971.0 15.4 0.0 0.4 345.8 505.8 35.2 2.

Net income (in millions)������������������������������������ 7,560 -1,669 5,069 312 -753 1,395 13 24 242 2,927

Commercial banks������������������������������������� 7,663 -1,891 5,069 310 371 390 -26 -23 232 3,229

Savings institutions ����������������������������������� -102 222 0 1 -1,124 1,006 39 47 9 -302

Performance Ratios (%

Yield on earning assets������������������������������������ 4.87 11.87 4.09 5.75 5.14 5.38 6.19 4.09

Cost of funding earning assets ������������������������ 1.47 1.42 1.08 1.94 1.61 2.23 1.68 1.23

Net interest margin������������������������������������ 3.39 10.44 3.00 3.81 3.53 3.16 4.51 2.87

Noninterest income to assets��������������������������� 2.00 5.99 2.34 0.62 1.65 0.87 1.85 8.33

Noninterest expense to assets������������������������� 2.84 5.97 2.51 2.62 3.22 1.84 2.99 10.13

Loan and lease loss provision to assets���������� 1.78 10.78 1.49 0.60 1.46 1.62 3.02 0.16

Net operating income to assets ����������������������� 0.17 -1.47 0.62 0.73 -0.04 0.09 0.07 0.15

Pretax return on assets ������������������������������������ 0.35 -2.18 0.79 0.92 0.03 0.92 0.12 0.76

Return on assets����������������������������������������������� 0.22 -1.36 0.61 0.75 -0.05 0.52 0.07 0.27

Return on equity ����������������������������������������������� 2.26 -6.18 7.96 6.84 -0.49 6.02 0.77 1.63

Net charge-offs to loans and leases���������������� 1.94 8.57 2.42 0.52 1.44 1.12 2.56 0.43

Loan and lease loss provision to 

net charge-offs ������������������������������������������ 160.94 170.38 162.62 176.06 146.99 215.41 142.70 149.35 147

Efficiency ratio �������������������������������������������������� 53.79 38.35 51.63 63.14 59.93 48.76 48.42 81.74 6

% of unprofitable institutions���������������������������� 21.65 56.00 0.00 7.61 28.97 16.87 16.25 19.34 1

% of institutions with earnings gains���������������� 39.64 20.00 60.00 45.41 32.73 62.20 47.50 42.95 4

Condition Ratios (%

Earning assets to total assets �������������������������� 85.67 79.87 82.56 91.78 87.39 91.24 94.42 89.92 9

Loss allowance to: ��������������������������������������������

Loans and leases �������������������������������������� 2.50 8.89 3.30 1.42 2.06 1.53 2.96 1.52

Noncurrent loans and leases �������������������� 66.49 251.73 67.95 77.23 58.29 36.71 253.80 87.90 8

Noncurrent assets plus 

other real estate owned to assets������������� 2.39 2.56 2.02 1.48 2.82 3.06 0.99 0.61

Equity capital ratio�������������������������������������������� 10.15 23.54 8.44 11.06 10.29 8.92 9.25 16.24 

Core capital (leverage) ratio����������������������������� 8.04 16.28 7.14 9.94 8.07 8.29 9.14 14.64 

Tier 1 risk-based capital ratio��������������������������� 10.74 12.64 11.37 13.53 9.76 14.94 10.95 34.41 

Total risk-based capital ratio ���������������������������� 13.46 14.35 14.95 14.62 12.37 15.95 12.86 35.20 1

Net loans and leases to deposits��������������������� 84.21 164.22 60.53 79.87 93.61 118.20 94.01 31.17 6

Net loans to total assets����������������������������������� 55.68 66.35 36.99 64.70 67.84 65.74 79.74 24.05 5

Domestic deposits to total assets �������������������� 55.67 36.57 30.54 81.01 69.42 55.62 82.90 74.97 8

Structural Change

New Charters��������������������������������������������� 13 0 0 0 3 1 0 8 1 0

Institutions absorbed by mergers ������������� 50 0 0 4 42 1 0 1 2 0

Failed Institutions �������������������������������������� 21 0 0 2 18 1 0 0 0 0

PRIOR First

(The way it was...)

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

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

������������������������������������� 2004 9,116 34 6 1,730 4,278 1,026 140 519 1,296 87

Total assets (in billions)��������������������������� 2008 $13,369.4 $448.5 $3,085.6 $158.0 $5,271.6 $1,364.4 $66.3 $38.2 $112.

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

������������������������������������� 2004 9,377.2 332.3 1,492.8 127.7 2,898.5 1,396.0 506.3 58.8 168

Return on assets (%)������������������������������� 2008 0.58 4.59 0.35 1.19 0.78 -0.21 1.30 2.20

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

������������������������������������� 2004 1.38 3.93 1.12 1.27 1.33 1.17 1.52 1.38

Net charge-offs to loans & leases (%) ���� 2008 0.99 4.97 1.13 0.17 0.71 1.14 1.78 0.21

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

������������������������������������� 2004 0.64 5.17 1.30 0.12 0.31 0.12 0.71 0.70

Noncurrent assets plus OREO to 

assets (%)�������������������� 2008 1.14 1.62 0.70 0.99 1.41 1.97 0.73 0.28

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

������������������������������������� 2004 0.67 1.45 0.85 0.85 0.65 0.57 0.91 0.36

Equity capital ratio (%)����������������������������� 2008 10.18 22.85 7.57 11.22 11.36 8.09 9.01 20.28 

������������������������������������� 2006 10.38 27.22 7.95 10.81 10.29 10.81 9.63 19.39 

������������������������������������� 2004 9.45 17.58 7.41 10.81 9.51 9.07 8.90 16.60 

* See Table IV-A (page 8) for explanations
FDIC Quarterly 7 2009, Volume 3, No. 2

Quarterly Banking Profile

TABLE III-A. First Quarter 2009, All FDIC-Insured Institutions 

Asset Size Distribution Geographic Region

First Qu

(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����������������������������� 8,246 3,050 4,505 576 115 1,005 1,172 1,692 1,923 1,690 764

Commercial banks������������������������������������������� 7,037 2,716 3,796 438 87 530 1,033 1,393 1,819 1,566 696

Savings institutions ����������������������������������������� 1,209 334 709 138 28 475 139 299 104 124 68

Total assets (in billions)������������������������������������������ $13,541.6 $167.1 $1,359.9 $1,513.4 $10,501.3 $2,517.9 $3,521.7 $3,176.8 $1,064.5 $910

Commercial banks������������������������������������������� 12,006.9 149.4 1,111.3 1,162.1 9,584.0 1,806.0 3,369.3 3,026.5 1,015.8 66

Savings institutions ����������������������������������������� 1,534.8 17.7 248.6 351.3 917.3 711.9 152.4 150.3 48.7 

Total deposits (in billions)��������������������������������������� 8,954.4 137.5 1,092.9 1,113.8 6,610.2 1,544.0 2,464.7 2,071.2 753.0 62

Commercial banks������������������������������������������� 7,983.4 123.9 904.8 856.5 6,098.2 1,055.7 2,353.0 1,962.6 717.4 50

Savings institutions ����������������������������������������� 971.0 13.6 188.1 257.4 511.9 488.2 111.7 108.5 35.6 

Net income (in millions)������������������������������������������ 7,560 125 1,116 -657 6,976 371 1,524 1,076 1,521 826 2,242

Commercial banks������������������������������������������� 7,663 94 1,060 -448 6,956 904 2,244 1,159 1,461 200 1,696

Savings institutions ����������������������������������������� -102 31 55 -208 20 -532 -720 -83 60 626 546

Performance Ratios (annualized, %

Yield on earning assets������������������������������������������ 4.87 5.71 5.65 5.34 4.67 5.33 4.32 4.39 5.6

Cost of funding earning assets ������������������������������ 1.47 1.94 2.11 1.98 1.30 1.66 1.42 1.31 1.2

Net interest margin������������������������������������������ 3.39 3.77 3.54 3.36 3.37 3.67 2.90 3.09 4.4

Noninterest income to assets��������������������������������� 2.00 1.21 0.94 1.12 2.27 1.95 1.88 2.13 3.0

Noninterest expense to assets������������������������������� 2.84 3.83 3.11 2.88 2.79 2.75 2.63 3.06 3.8

Loan and lease loss provision to assets���������������� 1.78 0.45 0.69 1.45 1.98 2.13 1.51 1.52 2.1

Net operating income to assets ����������������������������� 0.17 0.28 0.30 -0.22 0.20 0.10 0.05 0.08 0.6

Pretax return on assets ������������������������������������������ 0.35 0.39 0.43 -0.13 0.41 0.10 0.34 0.26 0.8

Return on assets����������������������������������������������������� 0.22 0.30 0.33 -0.18 0.26 0.06 0.17 0.13 0.5

Return on equity ����������������������������������������������������� 2.26 2.36 3.31 -1.65 2.73 0.50 1.73 1.62 5.9

Net charge-offs to loans and leases���������������������� 1.94 0.54 0.71 1.41 2.27 2.21 1.79 1.62 2.1

Loan and lease loss provision to net charge-offs�� 160.94 132.01 138.76 149.73 163.48 180.24 144.38 180.59 153.02 22

Efficiency ratio �������������������������������������������������������� 53.79 80.33 72.90 65.73 50.06 51.65 56.22 56.01 53.99 

% of unprofitable institutions���������������������������������� 21.65 23.28 19.13 29.34 38.26 22.39 38.82 17.26 13.73 

% of institutions with earnings gains���������������������� 39.64 43.93 39.07 23.96 26.96 45.07 28.67 44.80 40.61 

Condition Ratios (%

Earning assets to total assets �������������������������������� 85.67 91.26 91.77 90.53 84.09 84.72 84.38 86.05 87.67 

Loss Allowance to:

Loans and leases �������������������������������������������� 2.50 1.43 1.46 1.85 2.82 2.82 2.16 2.59 2.6

Noncurrent loans and leases �������������������������� 66.49 63.96 52.52 50.47 70.87 105.08 56.15 62.28 73.78 

Noncurrent assets plus 

other real estate owned to assets������������������� 2.39 1.86 2.52 2.98 2.30 1.52 2.53 2.45 2.7

Equity capital ratio�������������������������������������������������� 10.15 12.67 9.99 10.60 10.06 12.14 10.19 8.38 9.90

Core capital (leverage) ratio����������������������������������� 8.04 12.32 9.57 9.15 7.61 9.31 6.95 7.02 8.4

Tier 1 risk-based capital ratio��������������������������������� 10.74 18.14 12.95 11.94 10.17 12.51 9.05 9.43 9.65 

Total risk-based capital ratio ���������������������������������� 13.46 19.21 14.11 13.31 13.32 14.52 12.27 12.64 12.39 

Net loans and leases to deposits��������������������������� 84.21 75.05 85.55 91.45 82.96 84.77 82.42 77.91 91.29 

Net loans to total assets����������������������������������������� 55.68 61.79 68.75 67.30 52.22 51.98 57.68 50.80 64.58 

Domestic deposits to total assets �������������������������� 55.67 82.33 80.27 72.89 49.58 53.96 62.45 51.99 65.50 

Structural Change

New Charters��������������������������������������������������� 13 12 0 0 1 1 4 3 0 2 3

Institutions absorbed by mergers ������������������� 50 22 24 3 1 9 5 13 11 10 2

Failed Institutions �������������������������������������������� 21 1 18 2 0 1 6 3 2 1 8

PRIOR First 

(The way it was...)

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

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

������������������������������������������� 2004 9,116 4,300 4,238 465 113 1,162 1,231 1,996 2,122 1,853 752

Total assets (in billions)��������������������������������� 2008 $13,369.4 $178.0 $1,334.3 $1,438.1 $10,419.1 $2,478.9 $3,423.5 $2,963.1 $1,000.0 $748

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

������������������������������������������� 2004 9,377.2 221.9 1,169.4 1,282.1 6,703.9 3,186.8 1,995.6 1,700.3 738.8 57

Return on assets (%)������������������������������������� 2008 0.58 0.73 0.79 0.76 0.53 1.04 0.32 0.75 1.39

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

������������������������������������������� 2004 1.38 1.00 1.17 1.48 1.41 1.32 1.32 1.38 1.5

Net charge-offs to loans & leases (%) ���������� 2008 0.99 0.20 0.30 0.70 1.16 1.15 0.76 0.84 1.1

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

������������������������������������������� 2004 0.64 0.19 0.22 0.44 0.78 0.96 0.36 0.43 0.9

Noncurrent assets plus

OREO to assets (%)��������������������������������������� 2008 1.14 1.09 1.33 1.44 1.08 0.81 1.08 1.09 1.5

������������������������������������������� 2006 0.48 0.69 0.52 0.44 0.48 0.39 0.31 0.53 0.8

������������������������������������������� 2004 0.67 0.84 0.66 0.59 0.68 0.69 0.46 0.79 0.8

Equity capital ratio (%)����������������������������������� 2008 10.18 13.78 10.52 11.13 9.94 12.10 10.20 9.06 9.7

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

������������������������������������������� 2004 9.45 11.73 10.18 10.71 9.00 9.13 8.58 8.74 10.44

* See Table IV-A (page 9) for explanations
FDIC Quarterly 8 2009, Volume 3, No. 2

TABLE IV-A. Full Year 2008, All FDIC-Insured Institutions

Asset Concentration Groups*

Full 

(The way it is...)

All Insured 

Institutions

Credit 

Card 

Banks

International 

Banks

Agricultural 

Banks

Commercial 

Lenders

Mortgage 

Lenders

Consumer 

Lenders

Other 

Specialized

<$1 Billion

All Other 

<$1 Billion

All Other 

>$1 Billion

Number of institutions reporting����������������������������������������� 8,305 26 5 1,559 4,753 838 91 281 708 44

Commercial banks������������������������������������������������������� 7,085 22 5 1,554 4,249 230 71 259 661 34

Savings institutions ����������������������������������������������������� 1,220 4 0 5 504 608 20 22 47 10

Total assets (in billions)������������������������������������������������������ $13,843.3 $513.0 $3,410.1 $168.8 $5,461.8 $997.0 $122.2 $34.7 $94.

Commercial banks������������������������������������������������������� 12,310.9 487.1 3,410.1 168.3 4,941.4 183.1 66.0 30.5 84

Savings institutions ����������������������������������������������������� 1,532.4 26.0 0.0 0.5 520.4 813.9 56.1 4.2 

Total deposits (in billions)��������������������������������������������������� 9,035.7 200.0 2,139.2 135.6 3,872.4 548.6 87.2 25.8 77

Commercial banks������������������������������������������������������� 8,082.2 183.0 2,139.2 135.2 3,529.0 68.8 43.1 22.9 68

Savings institutions ����������������������������������������������������� 953.6 17.0 0.0 0.4 343.4 479.8 44.1 2.

Net income (in millions)������������������������������������������������������ 5,254 7,926 8,061 1,635 -6,307 -4,615 -13 487 766 -2,685

Commercial banks������������������������������������������������������� 16,004 7,592 8,061 1,631 -3,734 2,157 2 283 810 -799

Savings institutions ����������������������������������������������������� -10,751 333 0 4 -2,573 -6,771 -15 203 -44 -1,887

Performance Ratios (annualized, %

Yield on earning assets������������������������������������������������������ 5.36 12.21 5.13 6.37 5.88 4.91 6.63 4.52

Cost of funding earning assets ������������������������������������������ 2.18 2.80 2.26 2.48 2.28 2.47 2.90 1.67

Net interest margin������������������������������������������������������ 3.18 9.41 2.86 3.90 3.60 2.43 3.73 2.85

Noninterest income to assets��������������������������������������������� 1.58 8.00 1.75 0.65 1.45 0.44 1.79 11.46

Noninterest expense to assets������������������������������������������� 2.79 6.65 2.87 2.65 3.23 1.57 2.96 11.21

Loan and lease loss provision to assets���������������������������� 1.34 6.69 1.19 0.35 1.32 1.44 2.44 0.13

Net operating income to assets ����������������������������������������� 0.08 1.41 0.11 1.03 -0.06 -0.42 -0.06 1.62

Pretax return on assets ������������������������������������������������������ 0.09 2.61 0.15 1.18 -0.03 -0.38 -0.05 2.38 

Return on assets����������������������������������������������������������������� 0.04 1.70 0.25 1.00 -0.12 -0.47 -0.01 1.43 

Return on equity ����������������������������������������������������������������� 0.41 7.88 3.44 9.07 -1.13 -6.22 -0.12 7.33 

Net charge-offs to loans and leases���������������������������������� 1.29 5.94 1.43 0.41 1.14 0.86 1.74 0.34

Loan and lease loss provision to net charge-offs�������������� 175.47 151.89 204.34 130.58 163.23 247.45 172.69 149.82 136

Efficiency ratio �������������������������������������������������������������������� 59.32 39.55 65.41 62.33 61.64 57.14 55.88 76.34 6

% of unprofitable institutions���������������������������������������������� 24.41 15.38 20.00 6.74 32.74 24.58 18.68 16.73 1

% of institutions with earnings gains���������������������������������� 36.42 26.92 40.00 51.64 27.22 48.21 43.96 40.93 4

Condition Ratios (%

Earning assets to total assets �������������������������������������������� 85.04 81.38 81.54 91.24 87.54 90.96 93.78 88.05 9

Loss Allowance to:

Loans and leases �������������������������������������������������������� 2.21 7.09 2.79 1.32 1.87 1.37 2.45 1.38

Noncurrent loans and leases �������������������������������������� 74.85 255.14 72.75 92.52 65.05 40.49 165.23 133.90 8

Noncurrent assets plus

other real estate owned to assets������������������������������� 1.89 2.08 1.62 1.17 2.33 2.55 1.31 0.35

Equity capital ratio�������������������������������������������������������������� 9.33 20.47 7.01 11.00 10.05 7.45 9.85 18.57 

Core capital (leverage) ratio����������������������������������������������� 7.48 14.59 5.95 9.99 8.14 7.17 9.86 16.31 

Tier 1 risk-based capital ratio��������������������������������������������� 9.96 13.76 9.60 13.33 9.65 12.70 12.22 38.16 

Total risk-based capital ratio ���������������������������������������������� 12.78 16.15 13.73 14.39 11.98 13.66 13.92 38.99 1

Net loans and leases to deposits��������������������������������������� 85.22 179.11 58.53 81.62 96.90 119.61 108.66 30.08 6

Net loans to total assets����������������������������������������������������� 55.62 69.82 36.72 65.57 68.70 65.81 77.53 22.37 5

Domestic deposits to total assets �������������������������������������� 54.15 34.36 31.51 80.34 67.80 54.95 70.21 72.13 8

Structural Change

New Charters��������������������������������������������������������������� 98 0 0 2 28 2 0 66 0 0

Institutions absorbed by mergers ������������������������������� 292 0 2 32 217 18 1 1 12 9

Failed Institutions �������������������������������������������������������� 25 0 0 1 21 3 0 0 0 0

PRIOR Full

(The way it was...)

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

��������������������������������������������������������2005 8,833 33 4 1,685 4,617 887 125 425 995 62

��������������������������������������������������������2003 9,181 36 6 1,767 4,254 1,033 157 529 1,308 91

Total assets (in billions)����������������������������������������������2007 $13,034.1 $479.2 $2,784.3 $157.5 $4,619.2 $1,328.1 $94.9 $37.8 $110.

��������������������������������������������������������2005 10,878.3 359.1 1,851.2 142.3 4,257.3 1,655.1 117.3 47.7 128

��������������������������������������������������������2003 9,075.7 348.4 1,448.0 129.5 2,923.8 1,657.9 146.6 61.1 171

Return on assets (%)��������������������������������������������������2007 0.81 3.35 0.58 1.20 0.83 0.03 1.26 2.56

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

��������������������������������������������������������2003 1.38 4.08 1.10 1.20 1.28 1.38 1.31 1.85

Net charge-offs to loans & leases (%) �����������������������2007 0.59 3.95 0.76 0.22 0.35 0.40 0.87 0.29

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

��������������������������������������������������������2003 0.78 5.22 1.40 0.28 0.46 0.18 2.09 1.22

Noncurrent plus OREO to assets (%) ������������������������2007 0.94 1.54 0.68 0.83 1.07 1.52 1.64 0.23

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

��������������������������������������������������������2003 0.75 1.63 0.93 0.81 0.68 0.73 0.99 0.33

Equity capital ratio (%)������������������������������������������������2007 10.34 21.26 8.01 11.17 11.00 8.38 12.62 19.98 1

��������������������������������������������������������2005 10.28 21.51 8.30 10.55 10.83 9.39 10.11 19.47 

��������������������������������������������������������2003 9.15 16.04 7.39 10.64 9.24 9.10 7.30 16.74 

*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
FDIC Quarterly 9 2009, Volume 3, No. 2

Quarterly Banking Profile

TABLE IV-A. Full Year 2008, All FDIC-Insured Institutions

Asset Size Distribution Geographic Region

Full 

(The way it is...)

All Insured 

Institutions

Less than 

$100 Million

$100 Million 

to 

$1 Billion

$1 Billion 

to 

$10 Billion

Greater 

than 

$10 Billion New York Atlanta Chicago

Kansas 

City Dallas

San

Francisco

Number of institutions reporting��������������������� 8,305 3,131 4,499 561 114 1,014 1,180 1,705 1,935 1,700 771

Commercial banks����������������������������������� 7,085 2,784 3,790 425 86 530 1,041 1,407 1,829 1,575 703

Savings institutions ��������������������������������� 1,220 347 709 136 28 484 139 298 106 125 68

Total assets (in billions)���������������������������������� $13,843.3 $170.8 $1,355.0 $1,490.4 $10,827.2 $2,431.4 $3,747.5 $3,264.4 $1,057.2 $780

Commercial banks����������������������������������� 12,310.9 152.5 1,105.0 1,141.6 9,911.9 1,725.3 3,481.7 3,117.2 1,008.0 65

Savings institutions ��������������������������������� 1,532.4 18.3 250.0 348.8 915.3 706.1 265.8 147.2 49.2 

Total deposits (in billions)������������������������������� 9,035.7 139.1 1,071.9 1,080.0 6,744.6 1,534.5 2,513.5 2,155.6 718.8 57

Commercial banks����������������������������������� 8,082.2 125.1 887.4 830.6 6,239.0 1,058.5 2,363.4 2,050.6 683.3 49

Savings institutions ��������������������������������� 953.6 14.0 184.5 249.5 505.6 476.0 150.1 104.9 35.5

Net income (in millions)���������������������������������� 5,254 445 3,421 -3,929 5,316 6,933 -5,111 8,693 5,685 3,883 -14,829

Commercial banks����������������������������������� 16,004 481 3,331 -2,112 14,305 10,831 -3,447 9,827 5,748 3,658 -10,612

Savings institutions ��������������������������������� -10,751 -35 90 -1,817 -8,989 -3,898 -1,663 -1,134 -63 225 -4,217

Performance Ratios (%

Yield on earning assets���������������������������������� 5.36 6.25 6.32 5.98 5.11 6.12 4.39 4.87 6.4

Cost of funding earning assets ���������������������� 2.18 2.39 2.61 2.47 2.07 2.42 1.94 2.14 2.0

Net interest margin���������������������������������� 3.18 3.86 3.70 3.51 3.04 3.70 2.44 2.72 4.3

Noninterest income to assets������������������������� 1.58 1.11 1.05 1.12 1.72 2.17 1.15 1.84 2.6

Noninterest expense to assets����������������������� 2.79 3.79 3.24 3.09 2.68 3.13 2.24 2.59 3.8

Loan and lease loss provision to assets�������� 1.34 0.46 0.72 1.19 1.45 1.46 1.03 1.24 1.8

Net operating income to assets ��������������������� 0.08 0.29 0.36 -0.13 0.07 0.44 -0.12 0.21 0.51

Pretax return on assets ���������������������������������� 0.09 0.37 0.36 -0.19 0.09 0.55 -0.09 0.42 0.80

Return on assets��������������������������������������������� 0.04 0.27 0.26 -0.27 0.05 0.30 -0.14 0.29 0.57

Return on equity ��������������������������������������������� 0.41 2.02 2.53 -2.45 0.54 2.46 -1.36 3.43 5.84

Net charge-offs to loans and leases�������������� 1.29 0.45 0.66 1.09 1.45 1.44 1.00 1.24 1.6

Loan and lease loss provision to net 

charge-offs ���������������������������������������������� 175.47 161.56 155.49 158.37 179.27 178.81 170.31 188.17 169.62 17

Efficiency ratio ������������������������������������������������ 59.32 80.69 70.36 63.32 56.91 54.44 59.37 58.42 58.47 

% of unprofitable institutions�������������������������� 24.41 24.85 22.89 30.84 40.35 30.77 43.05 20.70 14.06 

% of institutions with earnings gains�������������� 36.42 40.66 35.32 24.42 22.81 37.38 19.24 39.53 43.88 

Condition Ratios (%

Earning assets to total assets ������������������������ 85.04 91.45 91.66 90.22 83.40 85.64 84.08 85.13 86.58 

Loss Allowance to:

Loans and leases ������������������������������������ 2.21 1.39 1.41 1.77 2.43 2.39 1.91 2.22 2.4

Noncurrent loans and leases ������������������ 74.85 71.02 59.59 59.71 79.49 114.22 64.97 67.58 80.29 

Noncurrent assets plus

other real estate owned to assets����������� 1.89 1.66 2.16 2.43 1.79 1.27 1.95 1.96 2.2

Equity capital ratio������������������������������������������ 9.33 12.89 10.01 10.68 9.01 11.34 9.56 8.07 9.4

Core capital (leverage) ratio��������������������������� 7.48 12.57 9.55 9.21 6.89 8.57 6.62 6.83 8.2

Tier 1 risk-based capital ratio������������������������� 9.96 18.25 12.75 11.77 9.21 12.27 8.67 9.10 9.74 

Total risk-based capital ratio �������������������������� 12.78 19.31 13.90 13.18 12.48 14.15 11.71 12.28 12.53 

Net loans and leases to deposits������������������� 85.22 77.63 88.38 94.41 83.40 87.85 85.47 77.17 96.06 

Net loans to total assets��������������������������������� 55.62 63.25 69.92 68.42 51.95 55.44 57.33 50.95 65.32 

Domestic deposits to total assets ������������������ 54.15 81.48 79.02 71.64 48.20 54.64 58.97 52.16 64.36 

Structural Change

New Charters������������������������������������������� 98 92 4 1 1 20 34 3 5 14 22

Institutions absorbed by mergers ����������� 292 111 146 28 7 41 72 60 56 54 9

Failed Institutions ������������������������������������ 25 6 10 6 3 0 8 2 4 3 8

PRIOR Full

(The way it was...)

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

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

����������������������������������� 2003 9,181 4,390 4,210 471 110 1,173 1,227 2,011 2,133 1,866 771

Total assets (in billions)������������������������� 2007 $13,034.1 $181.9 $1,308.8 $1,422.1 $10,121.3 $2,441.1 $3,329.6 $2,842.5 $976.3 $738

����������������������������������� 2005 10,878.3 200.8 1,247.6 1,393.2 8,036.7 2,768.2 2,683.9 2,505.8 803.7 60

����������������������������������� 2003 9,075.7 225.7 1,160.5 1,313.0 6,376.5 3,085.2 1,882.6 1,693.8 456.3 56

Return on assets (%)����������������������������� 2007 0.81 0.74 0.97 0.96 0.77 0.77 0.81 0.86 1.4

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

����������������������������������� 2003 1.38 0.95 1.18 1.41 1.43 1.28 1.38 1.31 1.6

Net charge-offs to loans & leases (%) �� 2007 0.59 0.24 0.25 0.42 0.68 0.90 0.33 0.47 0.7

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

����������������������������������� 2003 0.78 0.31 0.36 0.54 0.94 1.16 0.54 0.72 1.0

Noncurrent plus OREO to assets (%) ��� 2007 0.94 0.96 1.07 1.09 0.91 0.76 0.81 0.94 1.3

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

����������������������������������� 2003 0.75 0.83 0.69 0.62 0.78 0.78 0.56 0.86 0.8

Equity capital ratio (%)��������������������������� 2007 10.34 13.73 10.49 11.34 10.12 12.06 10.30 9.23 9.74 

����������������������������������� 2005 10.28 12.16 10.20 10.68 10.18 10.54 9.80 9.23 10.45 

����������������������������������� 2003 9.15 11.49 10.05 10.34 8.66 9.05 8.78 8.49 10.59

* 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
FDIC Quarterly 10 2009, Volume 3, No. 2

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

Asset Concentration Groups*

March 31, 2009 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 ��������������������������������������� 2.44 2.27 3.43 1.89 2.16 2.49 1.14 2.00

Construction and development��������������������������������� 3.56 0.00 2.74 5.66 3.61 5.40 1.35 4.80

Nonfarm nonresidential��������������������������������������������� 1.37 0.00 1.07 1.71 1.38 1.22 1.54 1.49

Multifamily residential real estate ����������������������������� 1.37 0.00 1.23 1.14 1.45 1.40 0.82 1.65

Home equity loans����������������������������������������������������� 1.54 1.56 1.94 0.64 1.17 1.79 1.02 0.71

Other 1-4 family residential��������������������������������������� 3.16 2.97 4.89 2.08 2.70 2.57 1.24 2.09

Commercial and industrial loans ������������������������������������� 0.99 4.99 0.51 1.97 1.04 1.03 1.98 1.52

Loans to individuals���������������������������������������������������������� 2.45 3.24 2.33 2.08 2.28 1.61 1.71 1.55

Credit card loans ������������������������������������������������������� 2.99 3.09 3.29 2.49 2.64 2.96 1.48 1.30

Other loans to individuals ����������������������������������������� 2.12 4.25 1.94 2.05 2.21 1.25 1.78 1.56

All other loans and leases (including farm) ��������������������� 0.66 0.02 0.41 1.54 0.81 0.76 0.52 0.78

Total loans and leases������������������������������������������������������ 2.04 3.18 2.22 1.83 1.86 2.40 1.53 1.78

Percent of Loans Noncurrent**

All real estate loans ���������������������������������������������������������� 4.89 1.46 6.77 2.19 4.58 4.39 1.09 2.09

Construction and development.................................. 10.92 0.

Nonfarm nonresidential��������������������������������������������� 2.25 0.00 2.18 2.42 2.21 2.41 2.11 1.58

Multifamily residential real estate ����������������������������� 2.45 0.00 1.83 1.68 2.65 2.11 1.22 2.73

Home equity loans����������������������������������������������������� 1.99 0.85 1.99 0.76 1.29 2.22 0.65 0.35

Other 1-4 family residential��������������������������������������� 5.95 1.92 10.27 1.34 5.17 4.45 1.43 2.10

Commercial and industrial loans ������������������������������������� 2.23 4.77 3.72 2.19 1.81 1.19 0.65 1.60

Loans to individuals���������������������������������������������������������� 2.11 3.69 2.53 0.93 1.30 1.20 1.25 0.64

Credit card loans ������������������������������������������������������� 3.48 3.58 3.92 3.24 3.36 3.36 1.81 0.44

Other loans to individuals ����������������������������������������� 1.26 4.41 1.97 0.79 0.94 0.63 1.08 0.65

All other loans and leases (including farm) ��������������������� 1.30 0.06 2.29 0.98 0.96 0.57 0.21 1.03

Total loans and leases������������������������������������������������������ 3.76 3.53 4.85 1.84 3.54 4.16 1.16 1.73

Percent of Loans Charged-off (net, YTD)

All real estate loans ���������������������������������������������������������� 1.44 2.04 2.37 0.39 1.20 1.04 1.18 0.29

Construction and development��������������������������������� 3.20 0.00 0.96 2.61 3.22 3.79 0.03 0.14

Nonfarm nonresidential��������������������������������������������� 0.39 0.00 0.22 0.24 0.42 0.20 0.12 0.02

Multifamily residential real estate ����������������������������� 0.56 0.00 0.37 0.10 0.60 0.99 0.00 0.00

Home equity loans����������������������������������������������������� 2.36 0.00 2.68 0.36 1.65 2.54 1.83 0.28

Other 1-4 family residential��������������������������������������� 1.36 2.94 3.04 0.23 0.82 0.86 0.55 0.54

Commercial and industrial loans ������������������������������������� 1.82 12.31 2.23 0.84 1.56 0.57 7.83 0.51

Loans to individuals���������������������������������������������������������� 4.88 8.75 4.17 0.86 3.30 3.52 2.80 0.44

Credit card loans ������������������������������������������������������� 7.79 8.23 6.32 6.83 8.37 9.13 4.88 0.64

Other loans to individuals ����������������������������������������� 2.97 12.38 3.22 0.50 2.40 1.99 2.13 0.43

All other loans and leases (including farm) ��������������������� 0.87 0.01 0.85 0.00 1.02 1.03 3.19 1.50

Total loans and leases������������������������������������������������������ 1.94 8.57 2.41 0.52 1.44 1.12 2.54 0.43

Loans Outstanding (in billions)

All real estate loans ���������������������������������������������������������� $4,700.5 $0.2 $606.9 $63.3 $2,739.3 $682.8 $19.0 $5.6 $4

Construction and development��������������������������������� 566.9 0.0 12.9 5.1 480.1 15.5 0.4 0.

Nonfarm nonresidential��������������������������������������������� 1,076.9 0.0 33.9 17.6 897.9 32.3 0.8 1.8

Multifamily residential real estate ����������������������������� 210.6 0.0 40.4 1.3 141.5 12.8 0.1 0.

Home equity loans����������������������������������������������������� 674.3 0.0 145.6 1.3 328.7 56.2 9.8 0.2

Other 1-4 family residential��������������������������������������� 2,045.2 0.1 328.2 16.5 841.9 565.3 7.8 2.7 

Commercial and industrial loans ������������������������������������� 1,434.6 33.8 270.4 14.7 833.2 19.1 2.9 1.3

Loans to individuals���������������������������������������������������������� 1,046.3 288.0 188.8 6.2 345.1 25.9 37.9 1.3

Credit card loans ������������������������������������������������������� 403.1 250.5 53.9 0.4 51.2 5.5 8.8 0.

Other loans to individuals ����������������������������������������� 643.2 37.5 134.9 5.8 293.9 20.4 29.1 1.3

All other loans and leases (including farm) ��������������������� 556.8 24.7 161.7 24.4 241.8 6.7 0.8 0.

Total loans and leases������������������������������������������������������ 7,738.2 346.7 1,227.8 108.6 4,159.5 734.5 60.6 8.8 58

Memo: Other Real Estate Owned (in millions

All other real estate owned����������������������������������������������� 29,669.6 -37.6 2,649.5 441.2 21,685.7 3,015.2 20.6 56.7 258

Construction and development��������������������������������� 11,036.0 0.0 25.0 171.4 9,783.8 713.7 3.7 16.8 

Nonfarm nonresidential��������������������������������������������� 3,641.5 0.2 97.0 120.2 3,087.2 96.9 4.0 10.7 

Multifamily residential real estate ����������������������������� 1,467.0 0.0 31.0 28.0 1,252.4 33.8 0.0 0.9 

1-4 family residential ������������������������������������������������� 11,357.5 0.1 1,858.5 92.6 6,235.5 1,968.0 12.6 26.5 100

Farmland�������������������������������������������������������������������� 122.4 0.0 0.0 28.4 82.8 2.8 0.2 1

GNMA properties������������������������������������������������������� 1,948.3 0.0 499.0 0.6 1,235.8 212.7 0.0 0

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

** Noncurrent loan rates represent the percentage of loans in each category that are past due 90 days or more or that are in nonaccrual status
FDIC Quarterly 11 2009, Volume 3, No. 2

Quarterly Banking Profile

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

Asset Size Distribution Geographic Region

March 31, 2009 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 ������������������������������ 2.44 1.96 1.90 1.81 2.73 1.59 2.80 2.77 1.5

Construction and development������������������������ 3.56 2.65 3.24 3.34 3.83 3.00 3.15 4.56 3.0

Nonfarm nonresidential������������������������������������ 1.37 1.69 1.51 1.25 1.34 1.42 1.38 1.71 1.0

Multifamily residential real estate �������������������� 1.37 1.37 1.67 1.37 1.29 0.97 1.60 1.76 0.9

Home equity loans�������������������������������������������� 1.54 0.85 0.91 0.83 1.65 0.65 1.98 1.48 1.2

Other 1-4 family residential������������������������������ 3.16 2.31 1.90 1.84 3.59 1.66 3.92 3.70 1.7

Commercial and industrial loans ���������������������������� 0.99 2.05 1.60 1.10 0.90 1.46 0.90 0.99 1.3

Loans to individuals������������������������������������������������� 2.45 2.41 1.94 1.86 2.53 3.13 2.38 1.97 2.7

Credit card loans ���������������������������������������������� 2.99 2.15 2.72 2.01 3.05 3.33 2.66 2.66 3.0

Other loans to individuals �������������������������������� 2.12 2.42 1.88 1.80 2.16 2.78 2.30 1.77 2.5

All other loans and leases (including farm) ������������ 0.66 1.29 1.06 1.00 0.58 0.47 0.57 0.78 0.8

Total loans and leases��������������������������������������������� 2.04 1.94 1.83 1.68 2.15 1.83 2.22 2.16 1.6

Percent of Loans Noncurrent** 

All real estate loans ������������������������������������������������� 4.89 2.53 3.13 4.40 5.48 2.74 5.45 5.82 5.1

Construction and development������������������������ 10.92 7.60 9.12 12.53 10.97 9.47 10.29 13.49 9.48

Nonfarm nonresidential������������������������������������ 2.25 2.42 2.08 2.07 2.41 2.46 2.29 2.83 2.0

Multifamily residential real estate �������������������� 2.45 2.34 2.35 3.50 2.11 1.49 3.35 3.12 1.8

Home equity loans�������������������������������������������� 1.99 1.06 0.93 1.01 2.15 0.72 3.01 1.67 1.7

Other 1-4 family residential������������������������������ 5.95 1.78 1.92 3.08 7.15 2.32 6.66 8.00 9.1

Commercial and industrial loans ���������������������������� 2.23 2.35 1.96 1.99 2.30 2.38 1.48 2.00 1.7

Loans to individuals������������������������������������������������� 2.11 1.02 0.87 1.01 2.28 3.13 1.28 1.34 2.2

Credit card loans ���������������������������������������������� 3.48 2.24 2.34 2.06 3.57 3.83 2.59 2.90 3.2

Other loans to individuals �������������������������������� 1.26 1.01 0.75 0.62 1.37 1.93 0.87 0.89 1.3

All other loans and leases (including farm) ������������ 1.30 0.87 0.83 0.92 1.38 1.15 0.59 1.10 0.7

Total loans and leases��������������������������������������������� 3.76 2.23 2.78 3.66 3.98 2.68 3.85 4.17 3.5

Percent of Loans Charged-off (net, YTD) 

All real estate loans ������������������������������������������������� 1.44 0.45 0.60 1.20 1.72 0.60 1.88 1.56 1.3

Construction and development������������������������ 3.20 1.99 2.08 3.72 3.46 1.91 2.96 3.70 2.3

Nonfarm nonresidential������������������������������������ 0.39 0.28 0.24 0.44 0.45 0.51 0.42 0.51 0.2

Multifamily residential real estate �������������������� 0.56 0.23 0.38 0.70 0.56 0.55 0.73 0.72 0.2

Home equity loans�������������������������������������������� 2.36 0.58 0.55 0.82 2.63 0.80 3.26 1.79 3.0

Other 1-4 family residential������������������������������ 1.36 0.27 0.32 0.68 1.65 0.43 1.83 1.61 0.9

Commercial and industrial loans ���������������������������� 1.82 1.06 1.07 1.45 1.96 2.60 1.08 1.16 2.1

Loans to individuals������������������������������������������������� 4.88 0.77 1.63 3.56 5.18 7.04 3.42 3.18 6.5

Credit card loans ���������������������������������������������� 7.79 4.59 9.93 6.46 7.84 8.10 7.70 6.74 9.9

Other loans to individuals �������������������������������� 2.97 0.71 0.96 2.45 3.21 5.12 2.17 2.06 3.6

All other loans and leases (including farm) ������������ 0.87 0.00 0.44 0.98 0.91 0.38 0.53 1.11 0.5

Total loans and leases��������������������������������������������� 1.94 0.54 0.71 1.41 2.27 2.21 1.79 1.62 2.1

Loans Outstanding (in billions) 

All real estate loans ������������������������������������������������� $4,700.5 $72.3 $742.4 $769.2 $3,116.6 $813.4 $1,284.5 $1,004.1 $397.3 $4

Construction and development������������������������ 566.9 8.1 125.8 147.5 285.4 64.4 196.9 104.1 48.

Nonfarm nonresidential������������������������������������ 1,076.9 21.8 265.0 269.6 520.5 201.3 287.6 206.5 107.0 

Multifamily residential real estate �������������������� 210.6 2.0 30.9 45.7 132.1 53.4 37.7 61.3 11

Home equity loans�������������������������������������������� 674.3 2.5 39.4 51.0 581.4 69.6 218.7 202.1 81.

Other 1-4 family residential������������������������������ 2,045.2 29.4 249.9 240.6 1,525.3 419.8 524.0 413.1 128.1 

Commercial and industrial loans ���������������������������� 1,434.6 14.5 123.4 156.2 1,140.5 185.2 402.7 333.7 140.6 

Loans to individuals������������������������������������������������� 1,046.3 7.4 45.6 76.3 916.9 273.6 234.7 180.2 95.2

Credit card loans ���������������������������������������������� 403.1 0.1 3.4 20.7 378.8 173.1 55.8 40.2 41

Other loans to individuals �������������������������������� 643.2 7.3 42.2 55.6 538.1 100.5 178.9 140.0 53.7

All other loans and leases (including farm) ������������ 556.8 10.5 37.8 36.9 471.5 74.9 154.6 138.7 73.

Total loans and leases��������������������������������������������� 7,738.2 104.8 949.2 1,038.6 5,645.6 1,347.1 2,076.5 1,656.8 706.2 59

Memo: Other Real Estate Owned (in millions)

All other real estate owned�������������������������������������� 29,669.6 768.7 7,861.4 6,748.5 14,291.0 2,010.3 9,030.8 7,698.3 3,508.5 3,23

Construction and development������������������������ 11,036.0 250.5 4,058.2 3,382.8 3,344.6 658.4 3,774.8 1,870.0 1,284.2 1,32

Nonfarm nonresidential������������������������������������ 3,641.5 202.8 1,471.0 951.0 1,016.7 366.1 1,006.7 789.6 531.1 

Multifamily residential real estate �������������������� 1,467.0 16.4 274.6 725.6 450.5 68.2 362.8 736.8 84.2

1-4 family residential ���������������������������������������� 11,357.5 278.2 1,978.9 1,555.2 7,545.1 878.5 3,720.4 3,370.9 815.9 1,17

Farmland����������������������������������������������������������� 122.4 20.4 73.0 18.4 10.7 9.9 15.8 20.5 22

GNMA properties���������������������������������������������� 1,948.3 0.4 7.2 116.3 1,824.4 19.6 163.0 906.9 770.

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

** Noncurrent loan rates represent the percentage of loans in each category that are past due 90 days or more or that are in nonaccrual status
FDIC Quarterly 12 2009, Volume 3, No. 2

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

Asset Size Distributio

(dollar figures in millions;

notional amounts unless otherwise indicated)

1st Quarter

2009

4th Quarter 

2008

3rd Quarter 

2008

2nd Quarter 

2008

1st Quarter 

2008

%Change 

08Q1-

09Q1

Less 

Than $100 

Million

$100 

Million to 

$1 Billion

$1 Billion 

to $10 

Billion

Greater Than 

$10 Billion

ALL DERIVATIVE HOLD

Number of institutions reporting derivatives����������������� 1,158 1,100 1,070 1,068 1,102 5.1 90 694 292 8

Total assets of institutions reporting derivatives ���������� $10,668,402 $10,974,274 $10,723,571 $10,105,028 $10,197,073 4.6 $6,257 $296,360 $885,022 $9,480,76

Total deposits of institutions reporting derivatives������� 6,979,825 7,090,613 6,801,837 6,451,180 6,473,273 7.8 5,114 235,554 653,174 6,085,98

Total derivatives������������������������������������������������������������� 203,382,420 212,103,859 177,103,461 183,304,344 181,629,418 12.0 318 24,546 80,336 203,277,21

Derivative Contracts by Underlying Risk Exposur

Interest rate�������������������������������������������������������������������� 169,389,934 175,886,850 137,205,585 144,933,737 141,907,944 19.4 304 24,246 76,147 169,289,23

Foreign exchange*��������������������������������������������������������� 16,272,941 16,922,815 19,729,753 19,419,103 19,738,313 -17.6 0 23 2,572 16,270,34

Equity ����������������������������������������������������������������������������� 2,174,368 2,206,793 2,786,005 2,345,171 2,411,871 -9.8 15 121 987 2,173,24

Commodity & other (excluding credit derivatives)�������� 938,063 1,049,941 1,233,751 1,137,524 1,129,869 -17.0 0 125 258 937,68

Credit������������������������������������������������������������������������������ 14,607,114 16,037,461 16,148,367 15,468,809 16,441,421 -11.2 0 31 371 14,606,71

Total�������������������������������������������������������������������������������� 203,382,420 212,103,859 177,103,461 183,304,344 181,629,418 12.0 318 24,546 80,336 203,277,21

Derivative Contracts by Transaction Type 

Swaps ���������������������������������������������������������������������������� 133,873,373 143,111,973 108,289,334 114,178,361 112,593,450 18.9 17 10,196 49,642 133,813,51

Futures & forwards �������������������������������������������������������� 23,581,538 22,513,758 24,483,732 23,582,916 22,361,972 5.5 142 6,012 13,838 23,561,54

Purchased options��������������������������������������������������������� 14,936,251 14,821,778 13,485,926 14,501,600 14,286,015 4.6 16 1,584 4,514 14,930,13

Written options��������������������������������������������������������������� 14,983,291 14,919,984 13,450,147 14,415,326 14,705,774 1.9 143 6,715 11,772 14,964,66

Total�������������������������������������������������������������������������������� 187,374,452 195,367,494 159,709,139 166,678,203 163,947,211 14.3 318 24,507 79,766 187,269,86

Fair Value of Derivative Contracts 

Interest rate contracts���������������������������������������������������� 137,575 131,152 27,300 75,946 62,578 119.8 1 -7 182 137,39

Foreign exchange contracts������������������������������������������ -10,460 -16,942 15,054 32,017 9,670 N/M 0 0 8 -10,469

Equity contracts������������������������������������������������������������� 3,114 2,871 3,742 -3,742 -2,306 N/M 1 1 12 3,099

Commodity & other (excluding credit derivatives)�������� 4,158 3,850 3,175 5,063 3,346 24.3 0 2 3 4,15

Credit derivatives as guarantor������������������������������������� -959,081 -960,572 -566,035 -398,893 -474,045 N/M 0 0 3 -959,083

Credit derivatives as beneficiary����������������������������������� 1,031,185 1,031,630 603,936 428,844 501,034 105.8 0 0 -3 1,031,18

Derivative Contracts by Maturity** 

Interest rate contracts ����������������������������� < 1 year 68,435,870 58,610,008 40,400,256 44,995,183 42,621,769 60.6 119 5,106 16,107 68,414,53

 ������������������������������������������ 1-5 years 37,293,367 47,456,476 37,760,963 39,521,416 39,752,501 -6.2 13 7,479 25,726 37,260,15

 ������������������������������������������ > 5 years 29,985,002 36,868,293 28,785,014 29,704,389 30,134,307 -0.5 9 4,307 19,402 29,961,28

Foreign exchange contracts ������������������� < 1 year 9,234,329 10,561,395 12,664,219 12,345,486 12,524,601 -26.3 0 12 1,850 9,232,46

 ������������������������������������������ 1-5 years 2,163,751 2,168,136 1,787,926 1,929,554 1,924,840 12.4 0 4 22 2,163,72

 ������������������������������������������ > 5 years 1,056,793 1,079,943 676,596 734,445 714,769 47.9 0 0 10 1,056,78

Equity contracts��������������������������������������� < 1 year 348,776 409,029 508,748 504,258 509,709 -31.6 2 20 113 348,64

 ������������������������������������������ 1-5 years 286,171 256,252 332,908 207,513 287,805 -0.6 4 42 430 285,69

 ������������������������������������������ > 5 years 82,843 72,337 81,967 76,283 39,960 107.3 0 3 8 82,83

Commodity & other contracts ����������������� < 1 year 279,748 264,916 294,036 315,202 369,747 -24.3 0 0 206 279,54

 ������������������������������������������ 1-5 years 206,173 261,768 288,860 267,344 277,956 -25.8 0 62 1 206,11

 ������������������������������������������ > 5 years 41,546 45,021 88,822 28,367 33,492 24.0 0 10 0 41,53

Risk-Based Capital: Credit Equivalent Amount

Total current exposure to tier 1 capital (%)������������������� 86.1 107.4 60.3 57.8 67.1 0.3 0.7

Total potential future exposure to tier 1 capital (%)������ 89.6 103.1 122.3 118.5 122.7 0.1 0.4 

Total exposure (credit equivalent amount) 

to tier 1 capital (%)�������������������������������������������������� 175.7 210.5 182.6 176.3 189.9 0.4 1.1 

Credit losses on derivatives***���������������������������������� 218.1 1,072.4 226.7 134.8 14.8 N/M 0.0 1.8 

HELD FOR TRADIN

Number of institutions reporting derivatives����������������� 197 181 186 182 171 15.2 7 67 68 5

Total assets of institutions reporting derivatives ���������� 9,015,841 9,414,088 9,234,891 8,596,866 8,622,620 4.6 454 30,233 291,700 8,693,45

Total deposits of institutions reporting derivatives������� 5,885,814 6,085,224 5,855,784 5,502,108 5,465,692 7.7 355 24,197 213,231 5,648,03

Derivative Contracts by Underlying Risk Exposur

Interest rate�������������������������������������������������������������������� 167,216,926 173,365,616 134,667,872 142,264,748 139,197,869 20.1 12 1,174 28,053 167,187,68

Foreign exchange���������������������������������������������������������� 14,766,077 16,147,796 18,396,233 18,166,939 18,413,311 -19.8 0 0 2,144 14,763,93

Equity ����������������������������������������������������������������������������� 2,162,149 2,195,068 2,773,712 2,333,980 2,403,326 -10.0 3 0 258 2,161,88

Commodity & other�������������������������������������������������������� 935,634 1,047,507 1,230,649 1,134,781 1,128,387 -17.1 0 0 141 935,49

Total�������������������������������������������������������������������������������� 185,080,786 192,755,987 157,068,466 163,900,447 161,142,893 14.9 15 1,174 30,597 185,048,99

Trading Revenues: Cash & Derivative Instruments

Interest rate�������������������������������������������������������������������� 9,078 -3,430 950 1,503 1,724 426.6 0 0 5 9,07

Foreign exchange���������������������������������������������������������� 2,436 4,093 3,090 2,096 2,084 16.9 0 0 5 2,43

Equity ����������������������������������������������������������������������������� 1,043 -1,230 -923 185 -18 N/M 0 0 -1 1,043

Commodity & other (including credit derivatives) �������� -2,810 -8,618 3,305 -1,944 -2,791 N/M 0 0 0 -2,810

Total trading revenues��������������������������������������������������� 9,747 -9,186 6,422 1,839 998 876.7 0 0 10 9,73

Share of Revenu

Trading revenues to gross revenues (%) ���������������������� 7.3 -8.1 4.6 1.3 0.7 0.0 0.

Trading revenues to net operating revenues (%)���������� 132.4 44.2 66.9 24.8 9.7 0.0 1.1 -

HELD FOR PURPOSES OTHER THAN T

Number of institutions reporting derivatives����������������� 1,037 996 970 975 1,013 2.4 83 626 252 7

Total assets of institutions reporting derivatives ���������� 10,301,778 10,463,328 10,396,562 9,806,938 9,914,653 3.9 5,803 267,086 746,480 9,282,40

Total deposits of institutions reporting derivatives������� 6,727,535 6,819,580 6,589,374 6,256,368 6,288,937 7.0 4,759 211,922 550,619 5,960,23

Derivative Contracts by Underlying Ris

Exposure 

Interest rate�������������������������������������������������������������������� 2,173,008 2,521,235 2,537,713 2,668,989 2,710,074 -19.8 292 23,073 48,094 2,101,54

Foreign exchange���������������������������������������������������������� 106,011 76,113 87,565 94,832 84,217 25.9 0 15 230 105,76

Equity ����������������������������������������������������������������������������� 12,219 11,725 12,293 11,191 8,545 43.0 11 120 728 11,35

Commodity & other�������������������������������������������������������� 2,429 2,434 3,101 2,743 1,482 63.9 0 125 117 2,18

Total notional amount ���������������������������������������������������� 2,293,666 2,611,507 2,640,673 2,777,756 2,804,318 -18.2 303 23,333 49,169 2,220,86

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

*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 2009, Volume 3, No. 2

Quarterly Banking Profile

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

Savings Banks)

Asset Size Distributio

(dollar figures in millions)

1st 

Quarter

2009

4th 

Quarter 

2008

3rd 

Quarter 

2008

2nd 

Quarter 

2008

1st 

Quarter 

2008

%Change 

08Q1-

09Q1

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 Enhance

Number of institutions reporting securitization activities ����������������������������������������� 137 132 128 130 132 3.8 16 60 20 4

Outstanding Principal Balance by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� $1,234,653 $1,256,021 $1,217,682 $1,087,215 $1,068,631 15.5 $113 $867 $1,928 $1,231,74

Home equity loans��������������������������������������������������������������������������������������������� 6,595 6,692 6,880 7,822 8,341 -20.9 0 0 48 6,54

Credit card receivables�������������������������������������������������������������������������������������� 399,113 398,261 417,832 409,883 402,171 -0.8 0 3,215 11,847 384,05

Auto loans ���������������������������������������������������������������������������������������������������������� 11,230 12,040 13,842 6,224 7,495 49.8 0 0 106 11,12

Other consumer loans ��������������������������������������������������������������������������������������� 26,692 27,427 28,090 28,870 27,787 -3.9 0 0 0 26,69

Commercial and industrial loans����������������������������������������������������������������������� 8,317 9,705 11,080 12,491 12,555 -33.8 0 2 4,179 4,13

All other loans, leases, and other assets* �������������������������������������������������������� 197,717 200,736 200,879 194,756 194,061 1.9 48 74 149 197,44

Total securitized and sold������������������������������������������������������������������������������������������ 1,884,319 1,910,882 1,896,284 1,747,262 1,721,042 9.5 161 4,158 18,257 1,861,74

Maximum Credit Exposure by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� 6,279 6,898 7,514 7,121 7,019 -10.5 2 16 0 6,26

Home equity loans��������������������������������������������������������������������������������������������� 1,120 1,247 1,347 1,527 1,752 -36.1 0 0 0 1,12

Credit card receivables�������������������������������������������������������������������������������������� 39,100 23,228 24,039 23,129 21,412 82.6 0 410 1,492 37,19

Auto loans ���������������������������������������������������������������������������������������������������������� 912 707 447 352 405 125.2 0 0 8 90

Other consumer loans ��������������������������������������������������������������������������������������� 1,429 1,532 1,428 1,417 1,406 1.6 0 0 0 1,42

Commercial and industrial loans����������������������������������������������������������������������� 367 137 170 311 276 33.0 0 0 44 32

All other loans, leases, and other assets���������������������������������������������������������� 301 725 714 1,128 2,297 -86.9 1 8 8 28

Total credit exposure ������������������������������������������������������������������������������������������������� 49,509 34,474 35,660 34,984 34,568 43.2 3 434 1,552 47,51

Total unused liquidity commitments provided to institution's own securitizations ���� 397 830 1,273 1,902 2,944 -86.5 0 0 0 39

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

1-4 family residential loans�������������������������������������������������������������������������������� 4.1 4.4 3.8 2.8 2.5 1.5 1.

Home equity loans��������������������������������������������������������������������������������������������� 1.1 1.4 1.3 0.6 0.7 0.0 0.

Credit card receivables�������������������������������������������������������������������������������������� 3.0 2.9 2.5 2.1 2.2 0.0 1.

Auto loans ���������������������������������������������������������������������������������������������������������� 2.0 2.5 2.1 2.2 1.9 0.0 0.

Other consumer loans ��������������������������������������������������������������������������������������� 3.1 3.9 3.2 2.7 2.5 0.0 0.

Commercial and industrial loans����������������������������������������������������������������������� 3.1 2.6 1.6 1.3 1.2 0.0 0.

All other loans, leases, and other assets���������������������������������������������������������� 0.6 0.6 0.2 0.3 0.1 0.9 0.

Total loans, leases, and other assets ����������������������������������������������������������������������� 3.5 3.7 3.1 2.3 2.2 1.4 1.

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

1-4 family residential loans�������������������������������������������������������������������������������� 5.8 4.5 3.2 1.9 1.9 1.2 0.

Home equity loans��������������������������������������������������������������������������������������������� 1.4 1.2 0.7 0.7 0.7 0.0 0.

Credit card receivables�������������������������������������������������������������������������������������� 3.0 2.5 2.1 2.1 2.1 0.0 1.

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

Other consumer loans ��������������������������������������������������������������������������������������� 3.5 3.7 2.9 2.4 2.3 0.0 0.

Commercial and industrial loans����������������������������������������������������������������������� 3.1 2.1 1.5 1.3 1.1 0.0 0.

All other loans, leases, and other assets���������������������������������������������������������� 1.1 0.4 0.2 0.2 0.2 0.0 0.

Total loans, leases, and other assets ����������������������������������������������������������������������� 4.6 3.6 2.6 1.8 1.8 0.8 1.

Securitized Loans, Leases, and Other Assets Charged-Off

(net, YTD, annualized, %) 

1-4 family residential loans�������������������������������������������������������������������������������� 0.2 0.3 0.4 0.1 0.0 0.0 0.

Home equity loans��������������������������������������������������������������������������������������������� 0.6 0.1 0.4 0.2 0.1 0.0 0.

Credit card receivables�������������������������������������������������������������������������������������� 2.1 6.4 4.4 2.8 1.4 0.0 1.

Auto loans ���������������������������������������������������������������������������������������������������������� 0.8 0.8 1.3 1.0 0.4 0.0 0.

Other consumer loans ��������������������������������������������������������������������������������������� 0.2 0.8 0.6 0.4 0.2 0.0 0.

Commercial and industrial loans����������������������������������������������������������������������� 2.6 5.9 3.6 1.9 0.9 0.0 0.

All other loans, leases, and other assets���������������������������������������������������������� 0.0 0.0 0.0 0.0 0.0 0.0 0.

Total loans, leases, and other assets ����������������������������������������������������������������������� 0.6 1.6 1.2 0.7 0.4 0.0 1.

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

Home equity loans��������������������������������������������������������������������������������������������� 165 124 166 435 282 -41.5 0 0 0 16

Credit card receivables�������������������������������������������������������������������������������������� 77,212 113,017 98,826 82,604 73,418 5.2 0 309 3,741 73,16

Commercial and industrial loans����������������������������������������������������������������������� 450 436 636 3,506 3,263 -86.2 0 0 419 3

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

Home equity loans��������������������������������������������������������������������������������������������� 5 5 6 7 9 -44.4 0 0 0 

Credit card receivables�������������������������������������������������������������������������������������� 556 584 623 403 377 47.5 0 3 553 

Commercial and industrial loans����������������������������������������������������������������������� 0 16 15 1 1 -100.0 0 0 0 

Assets Sold with Recourse and Not Securitiz

Number of institutions reporting asset sales ���������������������������������������������������� 809 793 786 776 760 6.4 155 494 114 4

Outstanding Principal Balance by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� 69,806 66,452 68,709 65,959 60,386 15.6 1,076 9,049 3,961 55,72

Home equity, credit card receivables, auto, and other consumer loans ��������� 1,348 1,477 1,611 1,786 1,886 -28.5 0 30 73 1,24

Commercial and industrial loans����������������������������������������������������������������������� 6,028 6,698 7,314 4,794 4,579 31.6 1 65 1 5,96

All other loans, leases, and other assets���������������������������������������������������������� 46,418 42,613 41,501 33,191 29,134 59.3 0 65 402 45,95

Total sold and not securitized������������������������������������������������������������������������������������ 123,600 117,239 119,135 105,730 95,985 28.8 1,078 9,209 4,436 108,87

Maximum Credit Exposure by Asset Type 

1-4 family residential loans�������������������������������������������������������������������������������� 15,263 15,458 15,735 14,678 14,070 8.5 80 1,647 2,295 11,24

Home equity, credit card receivables, auto, and other consumer loans ��������� 183 189 203 240 165 10.9 0 11 64 10

Commercial and industrial loans����������������������������������������������������������������������� 4,995 5,617 6,180 3,614 3,335 49.8 1 53 1 4,94

All other loans, leases, and other assets���������������������������������������������������������� 9,770 9,290 11,517 8,541 8,112 20.4 0 13 69 9,68

Total credit exposure ������������������������������������������������������������������������������������������������� 30,210 30,554 33,634 27,072 25,682 17.6 81 1,724 2,429 25,97

Support for Securitization Facilities Sponsored by Other Institutio

Number of institutions reporting securitization facilities sponsored by others ������� 54 51 49 47 48 12.5 21 25 3 

Total credit exposure ������������������������������������������������������������������������������������������������� 2,125 3,319 9,143 12,668 6,825 -68.9 9 52 7 2,05

Total unused liquidity commitments ������������������������������������������������������������������������� 936 1,416 3,531 5,492 6,778 -86.2 0 0 0 93

Other

Assets serviced for others**�������������������������������������������������������������������������������������� 5,679,243 5,615,119 5,528,963 3,921,914 3,813,285 48.9 4,005 71,108 85,834 5,518,29

Asset-backed commercial paper conduits 

Credit exposure to conduits sponsored by institutions and others������������������ 22,981 23,064 20,830 21,083 22,332 2.9 3 0 484 22,49

Unused liquidity commitments to conduits sponsored by institutions 

 and others �������������������������������������������������������������������������������������������������� 273,542 297,908 311,683 339,007 354,525 -22.8 0 26 0 273,51

Net servicing income (for the quarter)���������������������������������������������������������������������� 5,954 -335 4,110 7,280 3,532 68.6 7 153 164 5,63

Net securitization income (for the quarter)��������������������������������������������������������������� 2,124 2,393 3,120 4,206 5,541 -61.7 0 47 191 1,88

Total credit exposure to Tier 1 capital (%)***������������������������������������������������������������ 7.6 6.8 8.0 7.4 6.6 0.5 1.

*Line item titled “All other loans and all leases” for quarters prior to March 31, 2006

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

***Total credit exposure includes the sum of the three line items titled “Total credit exposure” reported above
FDIC Quarterly 14 2009, Volume 3, No. 2

During the first quarter of 2009, total assets of the 

nation’s 8,246 FDIC-insured commercial banks and 

savings institutions decreased by $301.7 billion (2.2 

percent). Total deposits decreased by 0.9 percent; 

domestic office deposits increased by 0.6 percent ($41.9 

billion) and foreign office deposits shrank by 8.0 

percent ($123.2 billion). Domestic time deposits 

decreased by 2.6 percent ($72.5 billion), while domestic 

savings and interest bearing checking accounts 

increased by 2.9 percent ($93.6 billion) and domestic 

non-interest bearing deposits increased by 1.5 percent 

($20.9 billion). From March 31, 2008, to March 31, 

2009, total domestic deposits increased by 6.6 percent. 

Noninterest bearing deposits rose by 19.8 percent 

($239.2 billion) and interest bearing deposits rose by 

3.9 percent ($230.2 billion).

Over the past year, the share of assets funded by domestic deposits increased from 52.9 percent to 55.7 percent. 

By contrast, over the same 12 months, Federal Home 

Loan Bank (FHLB) advances as a percent of total assets 

declined from 6.3 percent to 5.1 percent and the share 

of asset funding attributable to foreign office deposits 

decreased from 11.2 percent to 10.5 percent.

Estimated insured deposits at all FDIC-insured institutions (based on the $100,000 coverage limit) increased 

by 1.7 percent ($82.4 billion) during the first quarter of 

2009, down from a 4.5 percent increase during the 

previous quarter. From March 31, 2008, to March 31, 

2009, insured deposits increased by 8.9 percent ($393.3 

billion). For institutions existing on both December 31, 

2008, and March 31, 2009, insured deposits increased 

during the first quarter at 6,073 institutions (74 

percent), decreased at 2,125 institutions (26 percent), 

and remained unchanged at 35 institutions.

The Deposit Insurance Fund (DIF) decreased by 24.7 

percent ($4.3 billion) during the first quarter to $13,007 

million (unaudited). Accrued assessment income added 

$2.6 billion to the DIF during the quarter. Interest 

earned combined with realized gains and unrealized 

losses on securities added $17 million to the DIF. Operating and other expenses net of other revenue reduced 

the fund by $264 million. The reduction in the DIF was 

primarily due to a $6.6 billion increase in loss provisions for actual and anticipated insured institution 

failures.

The DIF’s reserve ratio equaled 0.27 percent on March 

31, 2009, down from 0.36 percent at December 31, 

2008, and 1.19 percent a year ago. The March 31, 2009, 

reserve ratio is the lowest reserve ratio for a combined 

bank and thrift insurance fund since March 31, 1993, 

when the reserve ratio was 0.06 percent.

Twenty-one FDIC-insured institutions with combined 

assets of $9.5 billion failed during the first quarter of 

2009, at an estimated cost to the DIF of $2.2 billion. 

Between March 31, 2008, and March 31, 2009, 44 

insured institutions with combined assets of $381.4 

billion failed, at an estimated cost to the DIF of 

$20.1 billion.

Final Rule Adopted Setting Assessment Rates and 

Modifying the Risk-Based Assessment System

On February 27, 2009, the FDIC Board of Directors 

(the “Board”) adopted a final rule effective April 1, 

2009, setting assessment rates and modifying the riskbased assessment system. The rule sets initial base 

assessment rates at 12 to 45 basis points. An institution’s total assessment rate may be less than or greater 

than its initial base assessment rate as a result of additional risk adjustments discussed below.

■ DIF Reserve Ratio Declines 9 Basis Points to 0.27 Percent

■ Twenty-One Institutions Fail During First Quarter

■ Insured Deposits Grow by 1.7 Percent

■ Final Rule Adopted Setting Assessment Rates and Modifying Risk-Based 

Assessment System

■ Temporary Coverage Limit to $250,000 Extended through the End of 2013

■ Final Rule Adopted for Special Assessment

INSURANCE FUND INDICATORS
FDIC Quarterly 15 2009, Volume 3, No. 2

Quarterly Banking Profile

Assessment Rates: The FDIC adopted new initial base 

assessment rates as of April 1, 2009, as follows:

Initial Base Assessment Rate

Annual Rates 

(in basis points)

Risk Category

I*

II III IV

Minimum Maximum

12 16 22 32 45

*Initial base rates that are not the minimum or maximum rate 

will vary between these rates

After applying all possible adjustments, minimum and 

maximum total base assessment rates for each risk category are as follows:

Total Base Assessment Rates

Risk

Category

I

Risk

Category

II

Risk

Category

III

Risk

Category

IV

Initial base 

assessment rate 12 – 16 22 32 45

Unsecured debt 

adjustment -5 – 0 -5 – 0 -5 – 0 -5 – 0

Secured liability 

adjustment 0 – 8 0 – 11 0 – 16 0 – 22.

Brokered deposit 

adjustment – 0 – 10 0 – 10 0 – 10

Total base 

assessment rate 7 – 24.0 17 – 43.0 27 – 58.0 40 – 

*All amounts for all risk categories are in basis points annually

Total base rates that are not the minimum or maximum rate 

will vary between these rates

Temporary Deposit Insurance Coverage to 

$250,000 Extended

On May 20, 2009, the President signed the Helping 

Families Save Their Homes Act of 2009, which extends 

the temporary deposit insurance coverage limit increase 

to $250,000 (from the permanent limit of $100,000 for 

deposits other than retirement accounts) through the 

end of 2013. The legislation also eliminates the prohibition against the FDIC’s taking the temporary coverage 

increase into account when setting assessments. In addition, this new legislation increased the FDIC’s authority 

to borrow from the Treasury from $30 billion to $100 

billion and authorized a temporary increase until 

December 31, 2010, in the FDIC’s borrowing authority 

above $100 billion (but not to exceed $500 billion) 

based on a process that would require the concurrence 

of the FDIC’s Board, the Federal Reserve Board, and 

the Secretary of the Treasury in consultation with 

the President.

Small Risk Category I Institutions and Large Risk 

Category I Institutions with No Long-Term Debt 

Issuer Rating

The FDIC introduced a new financial ratio into the 

financial ratios method (the adjusted brokered deposit 

ratio). The adjusted brokered deposit ratio affects institutions in Risk Category I (those that have CAMELS 

composite ratings of 1 or 2 and are well capitalized) 

whose brokered deposits are more than 10 percent of 

domestic deposits and whose total assets are more than 

40 percent greater than they were four years previously. 

The adjusted brokered deposit ratio excludes certain 

reciprocal brokered deposits. Brokered deposits that 

consist of balances swept into an insured institution are 

included in the adjusted brokered deposit ratio.

Large Risk Category I Institutions with Long-Term 

Debt Issuer Ratings

The FDIC revised the method for calculating the assessment rate for a large Risk Category I institution with a 

long-term debt issuer rating so that it equally weights 

the institution’s weighted average CAMELS component ratings, its long-term debt issuer ratings and the 

financial ratios method assessment rate. The final rule 

updates the uniform amount and the pricing multipliers 

for the weighted average CAMELS component ratings 

and financial ratios method. It also increases the maximum possible large bank adjustment from 0.5 basis 

points to 1.0 basis point.

Adjustments to Assessment Rates

The FDIC introduced three possible adjustments to an 

institution’s initial base assessment rate: (1) a decrease 

of up to 5 basis points for long-term unsecured debt, 

including senior unsecured debt (other than debt guaranteed under the Temporary Liquidity Guarantee 

Program) and subordinated debt and, for small institutions, a portion of Tier 1 capital; (2) an increase not to 

exceed 50 percent of an institution’s assessment rate 

before the increase for secured liabilities in excess of 25 

percent of domestic deposits; and (3) for non–Risk 

Category I institutions, an increase not to exceed 10 

basis points for brokered deposits in excess of 10 percent 

of domestic deposits. The brokered deposit adjustment 

includes reciprocal brokered deposits, unlike the 

brokered deposit ratio used in the financial ratios 

method applicable to institutions in Risk Category I.
FDIC Quarterly 16 2009, Volume 3, No. 2

each institution’s assets minus Tier 1 capital whenever 

the FDIC estimates that the DIF reserve ratio will fall 

to a level that the Board believes would adversely affect 

public confidence or to a level that will be close to or 

below zero. Any additional special assessment would 

also be capped at 10 basis points of an institution’s 

assessment base for the corresponding quarter’s riskbased assessment. The authority to impose any additional special assessments under the final rule 

terminates January 1, 2010.

Author: Kevin Brown, Sr. Financial Analyst

Division of Insurance and Research

(202) 898-6817

Final Rule Adopted for Special Assessment

On May 22, 2009, the Board approved a final rule that 

imposes a 5 basis point special assessment as of June 30, 

2009. The special assessment will be 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 will be collected 

September 30, 2009, at the same time that the riskbased assessments for the second quarter of 2009 are 

collected. The special assessment for any institution will 

be capped at 10 basis points of the institution’s assessment base for the second quarter of 2009 risk-based 

assessment. The final rule also allows the Board to 

impose an additional special assessment of up to 5 basis 

points on all insured depository institutions based on 
FDIC Quarterly 17 2009, Volume 3, No. 2

Quarterly Banking Profile

DIF Reserve Ratios***

Percent of Insured Deposits

0.27 

1.26 1.25 1.23 1.23 1.22 1.21 1.20 1.21 1.22 1.22 1.19

1.01

0.76

0.36

9/05 3/06 9/06 3/07 9/07 3/08 9/08 3/09

Table I-B. Insurance Fund Balances and Selected Indicators

(dollar figures in millions)

Deposit Insurance Fund

1st 

Quarter 

2009*

4th 

Quarter 

2008

3rd 

Quarter 

2008

2nd 

Quarter 

2008

1st 

Quarter 

2008

4th 

Quarter 

2007

3rd 

Quarter 

2007

2nd 

Quarter 

2007

1st 

Quarter 

2007

4th 

Quarter 

2006

3rd 

Quarter 

2006

2nd 

Quarter 

2006

Beginning Fund Balance ................... $17,276 $34,588 $45,217 $52,843 $52,413 $51,754 $51,227 $50,745 $50,165 $49,992 $49,564 $49,193

Changes in Fund Balance:

Assessments earned ............................ 2,615 996 881 640 448 239 170 140 94 10 10 7

Interest earned on investment 

securities ....................................... 212 277 526 651 618 585 640 748 567 476 622 665

Realized gain on sale of investments .. 136 302 473 0 0 0 0 0 0 0 0 0

Operating expenses ............................. 266 290 249 256 238 262 243 248 239 248 237 242

Provision for insurance losses ............. 6,637 19,163 11,930 10,221 525 39 132 -3 -73 49 -50 -6

All other income, net of expenses ........ 2 15 16 1 0 -2 24 1 4 5 1 12

Unrealized gain/(loss) on 

available-for-sale securities .......... -331 551 -346 1,559 127 138 68 -162 81 -21 -18 -77

Total fund balance change ................... -4,269 -17,312 -10,629 -7,626 430 659 527 482 580 173 428 371

Ending Fund Balance ......................... 13,007 17,276 34,588 45,217 52,843 52,413 51,754 51,227 50,745 50,165 49,992 49,564

Percent change from four 

 quarters earlier ....................... -75.39 -67.04 -33.17 -11.73 4.13 4.48 3.52 3.36 3.15 3.

Reserve Ratio (%) ............................... 0.27 0.36 0.76 1.01 1.19 1.22 1.221.211.20 1.2

Estimated Insured Deposits**........... 4,831,473 4,749,036 4,545,288 4,467,771 4,438,141 4,292,221 4,242,607 4,235,044 4,245,266 4,153,786 4,100,013 4,040,353

Percent change from four 

 quarters earlier ....................... 8.86 10.64 7.13 5.50 4.54 3.33 3.48 482 608  .76 

Domestic Deposits ............................. 7,546,377 7,505,434 7,230,331 7,036,247 7,076,719 6,921,687 6,747,998 6,698,886 6,702,598 6,640,105 6,484,372 6,446,868

Percent change from four 

 quarters earlier ....................... 6.64 8.43 7.15 5.04 5.58 4.24 4.07 3.91 5.71 6.

Number of institutions reporting ..... 8,256 8,315 8,394 8,462 8,505 8,545 8,570 8,625 8,661 8,692 8,755 8,790 

Deposit Insurance Fund Balance 

and Insured Deposits***

($ Millions)

DIF 

Balance

DIF-Insured 

Deposits

6/05 48,023 3,757,728

9/05 48,373 3,830,950

12/05 48,597 3,890,941

3/06 49,193 4,001,906

6/06 49,564 4,040,353

9/06 49,992 4,100,013

12/06 50,165 4,153,786

3/07 50,745 4,245,266

6/07 51,227 4,235,044

9/07 51,754 4,242,607

12/07 52,413 4,292,221

3/08 52,843 4,438,141

6/08 45,217 4,467,771

9/08 34,588 4,545,288

12/08 17,276 4,749,036

3/09 13,007 4,831,473

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

(dollar figures in millions) 2009  2008** ** 2008 2007 2006 2005 2004

Problem Institutions

Number of institutions ��������������������������������������������������������� 305 90 252 76 50 52 80

Total assets�������������������������������������������������������������������������� $220,047 $26,311 $159,405 $22,189 $8,265 $6,607 $28,250

Failed Institutions

Number of institutions ��������������������������������������������������������� 21 2 25 3 0 0 4

Total assets�������������������������������������������������������������������������� $9,498 $72 $371,945 $2,615 $0 $0 $170

Assisted Institutions*****

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

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

*For 2009, preliminary unaudited fund data, which are subject to change

**The Emergency Economic Stabilization Act of 2008 directed the FDIC not to consider the temporary coverage increase to $250,000 in setting assessments. On May 20, 2009, the President signed the Helping Families Save Their Homes Act of 2009, which extends the temporary deposit insurance coverage limit increase to $250,000 through the end of 2013 and eliminates the prohibition against the FDIC’s taking the temporary coverage increase into account when setting assessments. However, estimated insured deposits and the reserve ratios i

these tables reflect the general $100,000 coverage limit (for deposits other than retirement accounts) and the law in effect as of March 31, 2009

***Prior to 2006, amounts represent sum of separate BIF and SAIF amounts

 Through March 31

** ***Five institutions under the same holding company received assistance under a systemic risk determination
FDIC Quarterly 18 2009, Volume 3, No. 2

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

(dollar figures in millions) 

March 31, 2009

Number of 

Institutions

Total 

Assets

Domestic 

Deposits*

Est. Insured 

Deposits

Commercial Banks and Savings Institutions

FDIC-Insured Commercial Banks ����������������������������������������������� 7,037 $12,006,853 $6,567,472 $4,048,434

 FDIC-Supervised ������������������������������������������������������������������� 4,660 1,996,091 1,490,576 1,069,223

 OCC-Supervised�������������������������������������������������������������������� 1,519 8,249,211 4,104,053 2,392,146

 Federal Reserve-Supervised������������������������������������������������� 858 1,761,551 972,842 587,064

FDIC-Insured Savings Institutions ���������������������������������������������� 1,209 1,534,777 970,894 778,346

 OTS-Supervised Savings Institutions������������������������������������ 799 1,225,806 753,075 607,502

 FDIC-Supervised State Savings Banks��������������������������������� 410 308,971 217,819 170,845

Total Commercial Banks and Savings Institutions ���������������������� 8,246 13,541,630 7,538,366 4,826,780

Other FDIC-Insured Institutions

U.S. Branches of Foreign Banks ������������������������������������������������� 10 53,807 8,011 4,6

Total FDIC-Insured Institutions���������������������������������������������������� . 8,256 13,595,438 7,546,377 4,831,4

* Excludes $1.42 trillion in foreign office deposits, which are uninsure

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

Quarter Ending December 31, 2008

(dollar figures in billions)

Risk Categor

Annual 

Rate in

Basis Points

Number of 

Institutions

Percent 

of Total 

Institutions

Domestic 

Deposits

Percent 

of Total 

Domestic 

Deposits

I - Minimum......................

I - Middle.............................

I - Middle...........................

I - Maximum....................

II....................

III.................

IV...............

Note: Institutions are categorized based on supervisory ratings, debt ratings, and financial data as of December 31, 2008

Rates do not reflect the application of assessment credits. See notes to users for further information on risk categories and rate
FDIC Quarterly 19 2009, Volume 3, No. 2

Quarterly Banking Profile

FDIC Responds to Market Disruptions with TLGP

The FDIC Board approved the Temporary Liquidity 

Guarantee Program (TLGP) on October 13, 2008, as 

major disruptions in credit markets blocked access to 

liquidity for financial institutions.1 The TLGP improved 

access to liquidity through two programs: by fully guaranteeing non-interest-bearing transaction deposit 

accounts above $250,000, regardless of dollar amount, 

until December 31, 2009; and by guaranteeing eligible 

senior unsecured debt issued by eligible institutions 

between October 14, 2008, and June 30, 2009. Under 

the final rule adopted on November 21, 2008, the FDIC 

guarantee would be in effect until the earlier of the 

maturity of the debt or June 30, 2012.

On March 17, 2009, the Board of Directors of the FDIC 

voted to extend the deadline for issuance to October 

31, 2009, and set the expiration date of the guarantee 

to the earlier of maturity of the debt or December 31, 

2012. The FDIC will impose a surcharge on debt issued 

with a maturity of one year or more beginning in the 

second quarter of 2009.2

All insured depository institutions are eligible to participate in the Transaction Account Guarantee Program. 

Institutions eligible for participation in the Debt Guarantee Program include insured depository institutions, 

U.S. bank holding companies, certain U.S. savings and 

loan holding companies, and other affiliates of insured 

depository institutions that the FDIC designates as 

eligible entities.

Program Funded by Industry Fees and Assessments

The TLGP does not rely on taxpayer funding or the 

Deposit Insurance Fund. Both components of the 

program are paid for by direct user fees. Institutions 

1

 The FDIC invoked the systemic risk exception pursuant to section 

141 of the Federal Deposit Improvement Act of 1991, 12 U.S.C 

1823(c)(4) on October 13, 2008. For further information on the TLGP, 

see http://www.fdic.gov/regulations/resources/TLGP/index.html. 2

 See http://www.fdic.gov/news/board/Mar1709rule.pdf. 

participating in the Transaction Account Guarantee 

Program provide customers full coverage on non-interestbearing transaction accounts for an annual fee of 

10 basis points. Fees for participation in the Debt Guarantee Program depend on the maturity of debt issued 

and range from 50 to 100 basis points (annualized). A 

surcharge will be imposed on debt issued with a maturity of one year or greater after April 1, 2009. For debt 

that is not issued under the extension, that is, debt that 

is issued on or before June 30, 2009, and matures on or 

before June 30, 2012, surcharges will be 10 basis points 

(annualized) on debt issued by insured depository institutions and 20 basis points (annualized) on debt issued 

by other participating entities. For debt issued under the 

extension, that is, debt issued after June 30, 2009, or 

debt that matures after June 30, 2012, surcharges will be 

25 basis points (annualized) on debt issued by insured 

depository institutions and 50 basis points (annualized) 

on debt issued by other participating entities. As of 

March 31, 2008, a total of $6.9 billion in fees had been 

assessed under the Debt Guarantee Program.

A Majority of Eligible Entities Have Chosen to 

Participate in the TLGP

According to submissions received by the FDIC, more 

than 86 percent of FDIC-insured institutions have 

opted in to the Transaction Account Guarantee 

Program, and more than half of all eligible entities have 

elected to opt in to the Debt Guarantee Program. Lists 

of institutions that opted out of the guarantee programs 

are posted at http://www.fdic.gov/regulations/resources/

TLGP/optout.html.

Insured Institutions Report Half a Million 

Transaction Accounts over $250,000

According to first quarter 2009 Call Reports, insured 

institutions reported 580,920 non-interest-bearing 

transaction accounts over $250,000, an increase of 

12 percent in number compared to fourth quarter 2008. 

These deposit accounts totaled $845 billion, of which 

$700 billion was guaranteed under the Transaction 

■ Non-Interest-Bearing Transaction Accounts Can Be Fully Guaranteed

■ Debt Guarantee Program Extended to October 31, 2009

■ More Than 500,000 Additional Transaction Accounts Receive Full Coverage

■ $336 Billion in Debt Outstanding in Program

TEMPORARY LIQUIDITY GUARANTEE PROGRAM
FDIC Quarterly 20 2009, Volume 3, No. 2

Table I-C. Participation in Temporary Liquidity Guarantee Program

March 31, 2009 Total Eligible Entities Number Opting In Percent Opting In

Transaction Account Guarantee Program

Depository Institutions with Assets <= $10 Billion�������������������������������� 8,139 7,032 86.4

Depository Institutions with Assets > $10 Billion ���������������������������������� 116 109 94.0

 Total Depository Institutions*���������������������������������������������������������� 8,255 7,141 86.6

Debt Guarantee Program

Depository Institutions with Assets <= $10 Billion�������������������������������� 8,139 4,399 54.0

Depository Institutions with Assets > $10 Billion ���������������������������������� 116 107 92.2

 Total Depository Institutions*���������������������������������������������������������� 8,255 4,506 54.6

Bank and Thrift Holding Companies and 

Non-Insured Affiliates���������������������������������������������������������������������������� 6,360 3,596 56.5

 All Entities���������������������������������������������������������������������������������������� 14,615 8,102 55.4

* Depository institutions include insured branches of foreign banks (IBAs)

debt outstanding at the end of the first quarter. Some 

banking groups issued FDIC-guaranteed debt at both the 

subsidiary and holding company level, but most guaranteed debt was issued by holding companies or nonbank 

affiliates of depository institutions. Bank and thrift holding companies and nonbank affiliates issued 82 percent 

of FDIC-guaranteed debt outstanding at year-end.

Debt outstanding at March 31 had longer terms at issuance, compared to debt outstanding at year-end. Only 

28 percent of debt outstanding matures in 180 days or 

less, compared to 49 percent at year-end, and 53 percent 

matures in two or more years after issuance, compared 

to 39 percent at December 31, 2008. Among types of 

debt instruments, almost two-thirds, 64 percent, was in 

medium-term notes, compared to 44 percent at yearend. The share of outstanding debt in commercial paper 

fell to 22 percent from 43 percent at year-end.

Author: Katherine Wyatt 

Chief, Financial Analysis Section

Division of Insurance and Research

(202) 898-6755

Account Guarantee Program. Over 6,500 FDIC-insured 

institutions reported non-interest-bearing transaction 

accounts over $250,000 in value.

Limits on Debt Issuance Based on Third Quarter 

2008 Balances

The amount of FDIC-guaranteed debt that can be 

issued by each eligible entity, or its “cap,” is based on 

the amount of its senior unsecured debt outstanding as 

of September 30, 2008, that matures on or before June 

30, 2009. Eligible entities may issue debt up to 125 

percent of that outstanding amount. The cap for FDICinsured institutions that had no outstanding short-term 

senior unsecured debt other than Fed funds is set at 2 

percent of liabilities as of September 30, 2008. Total 

debt outstanding at quarter end represented 44 percent 

of issuing entities’ total cap.

$336 Billion in FDIC-Guaranteed Debt Was 

Outstanding at March 31, 2009

Ninety-seven financial entities—66 insured depository 

institutions and 31 bank and thrift holding companies 

and nonbank affiliates—had $336 billion in guaranteed 

Table II-C. Cap on FDIC-Guaranteed Debt for Opt-In Entities

March 31, 2009

(dollar figures in millions)

Opt-In Entities with Senior Unsecure

Debt Outstanding at 9/30/2008

Opt-In Depository Institutions 

with no Senior Unsecure

Debt at 9/30/2008

Number 

 Debt Amount 

as of 

9/30/2008 Initial Cap Number

2% Liabilities 

as of 

9/30/2008

Total 

Entities

Total Initial 

Cap 

Depository Institutions with Assets 

<= $10 Billion*������������������������������������ 120 $3,538 $4,422 4,279 $33,096 4,399 $37,518

Depository Institutions with Assets 

> $10 Billion*�������������������������������������� 44 295,879 369,849 63 29,939 107 399,787

Bank and Thrift Holding 

Companies, Non-Insured Affiliates ��������� 88 398,008 497,511 3,508 N/A 3,596 497,511

Total��������������������������������������������������������� 252 697,425 871,781 7,852 63,035 8,102 934,816

* Depository institutions include insured branches of foreign banks (IBAs) N/A - Not applicable
FDIC Quarterly 21 2009, Volume 3, No. 2

Quarterly Banking Profile

Table V-C. Fees Assessed under TLGP Debt Program

(dollar figures in millions)

Total Fees 

Assessed

Fourth Quarter 2008���������������������������������������������� $3,437

First Quarter 2009 ������������������������������������������������� 3,433

Total����������������������������������������������������������������� $6,870

Table VI-C. Term at Issuance of Debt Instruments Outstanding

March 31, 2009

(dollar figures in millions)

Commercial 

Paper

Interbank

Eurodollar

Deposits

Medium 

Term Notes

Other 

Interbank 

Deposits

Other 

Senior

Unsecured

Debt

Other 

Term Note All Debt

Share 

by Term

Term at Issuance

90 days or less�������������������������������������� $32,432 $125 $0 $161 $0 $2,740 $35,458 10.5%

91 - 180 days����������������������������������������� 40,016 36 0 764 5,630 10,834 57,280 17.0%

181 - 364 days��������������������������������������� 2,663 28 3,400 723 0 4,103 10,917 3.2%

1 - 2 years ��������������������������������������������� 0 3 50,341 28 0 4,792 55,164 16.4%

Over 2 - 3 years ������������������������������������ 0 0 67,547 0 3,345 5,991 76,882 22.9%

Over 3 years������������������������������������������ 1 0 95,196 4 3,713 1,687 100,601 29.9%

Total ������������������������������������������������ 75,112 191 216,484 1,681 12,688 30,147 336,302

Share of Total���������������������������������������� 22.3% 0.1% 64.4% 0.5% 3.8% 9.0%

Table IV-C. Debt Issuance under Guarantee Program 

March 31, 2009

(dollar figures in millions) Number Debt Outstanding Cap

Debt Outstanding 

Share of Ca

Insured Depository Institutions

Assets <= $10 Billion ������������������������������������������������������� 46 $1,425 $3,079 46.3

Assets > $10 Billion ��������������������������������������������������������� 20 58,768 297,058 19.8

Bank and Thrift Holding Companies,

Non-Insured Affiliates ������������������������������������������������������������ 31 276,109 468,355 59.0

All Issuers����������������������������������������������������������������������� 97 336,302 768,492 43.8

Table III-C. Transaction Account Guarantee Program

(dollar figures in millions) December 31, 

2008

March 31, 

2009

% Change 

08Q4-09Q1

Number of Non-Interest-Bearing Transaction Accounts over $250,000��������� 518,828 580,920 12.0

Amount in Non-Interest-Bearing Transaction Accounts over $250,000���������� $807,679 $845,227 4.6

Amount Guaranteed ����������������������������������������������������������������������������������������� $677,972 $699,997 3.2
FDIC Quarterly 22 2009, Volume 3, No. 2

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

Other-Than-Temporary Impairment

When the fair value of an investment in a debt or equity 

security is less than its cost basis, the impairment is either 

temporary or other-than-temporary. To determine whether 

the impairment is other-than-temporary, an institution must 

apply other pertinent guidance such as paragraph 16 of FASB 

Statement No. 115, Accounting for Certain Investments in Debt 

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

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

Impairment and Its Application to Certain Investments; FSP 

FAS 115-2 and FAS 124-2, Recognition and Presentation of 

Other-Than-Temporary Impairments; paragraph 6 of 

Accounting Principles Board Opinion No. 18, The Equity 

Method of Accounting for Investments in Common Stock; 

Emerging Issues Task Force (EITF) Issue No. 99-20, 

Recognition of Interest Income and Impairment on Purchased 

Beneficial Interests and Beneficial Interests That Continue to Be 

Held by a Transferor in Securitized Financial Assets; and FSP 

EITF 99-20-1, Amendments to the Impairment Guidance of 

EITF Issue No. 99-20.

Under FSP FAS 115-2 and FAS 124-2 issued on April 9, 

2009, if the present value of cash flows expected to be collected on a debt security is less than its amortized cost basis, a 

credit loss exists. In this situation, if an institution does not 

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

that the institution will be required to sell the debt security 

before recovery of its amortized cost basis less any currentperiod credit loss, an other-than-temporary impairment has 

occurred. The amount of the total other-than-temporary 

impairment related to the credit loss must be recognized in 

earnings, but the amount of the total impairment related to 

other factors must be recognized in other comprehensive 

income, net of applicable taxes. Although the debt security 

would be written down to its fair value, its new amortized cost 

basis is the previous amortized cost basis less the other-thantemporary impairment recognized in earnings. In addition, if 

an institution intends to sell a debt security whose fair value 

is less than its amortized costs basis or it is more likely than 

not that the institution will be required to sell the debt security before recovery of its amortized cost basis, an other-thanNotes to Users

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

Insurance Corporation (FDIC). These notes are an integral 

part of this publication and provide information regarding the 

comparability of source data and reporting differences over 

time.

Tables I-A through VIII-A.

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

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

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

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

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

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

while other tables aggregate institutions by asset size and 

geographic region. Quarterly and full-year data are provided 

for selected indicators, including aggregate condition and 

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

information for loans outstanding and other assets.

Tables I-B through IV-B.

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

comparative quarterly data related to the Deposit Insurance 

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

estimated FDIC-insured deposits, as well as assessment rate 

information. Depository institutions that are not insured by 

the FDIC through the DIF are not included in the FDIC 

Quarterly Banking Profile. U.S. branches of institutions headquartered in foreign countries and non-deposit trust companies are not included unless otherwise indicated. Efforts are 

made to obtain financial reports for all active institutions. 

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

charters.

DATA SOURCES

The financial information appearing in this publication is 

obtained primarily from the Federal Financial Institutions 

Examination Council (FFIEC) Consolidated Reports of 

Condition and Income (Call Reports) and the OTS Thrift 

Financial Reports submitted by all FDIC-insured depository 

institutions. This information is stored on and retrieved from 

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

COMPUTATION METHODOLOGY

Parent institutions are required to file consolidated reports, 

while their subsidiary financial institutions are still required 

to file separate reports. Data from subsidiary institution 

reports are included in the Quarterly Banking Profile tables, 

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

for any double-counting of subsidiary data. Additionally, certain adjustments are made to the OTS Thrift Financial Reports

to provide closer conformance with the reporting and 

accounting requirements of the FFIEC Call Reports.
FDIC Quarterly 23 2009, Volume 3, No. 2

Quarterly Banking Profile

take effect in 2009. Beginning in March 2009, Institution 

equity capital and Noncontrolling interests are separately 

reported in arriving at Total equity capital.

FASB Statement No. 157 Fair Value Measurements issued in 

September 2006 and FASB Statement No. 159 The Fair Value 

Option for Financial Assets and Financial Liabilities issued in 

February 2007—both are effective in 2008 with early adoption 

permitted in 2007. FAS 157 defines fair value and establishes 

a framework for developing fair value estimates for the fair 

value measurements that are already required or permitted 

under other standards. FASB FSP 157-4, issued in April 2009, 

provides additional guidance for estimating fair value in 

accordance with FAS 157 when the volume and level of 

activity for the asset or liability have significantly decreased. 

The FSP also includes guidance on identifying circumstances 

that indicate a transaction is not orderly. The FSP is effective 

for interim and annual reporting periods ending after June 15, 

2009, with early adoption permitted for periods ending after 

March 15, 2009.

Fair value continues to be used for derivatives, trading securities, and available-for-sale securities. Changes in fair value go 

through earnings for trading securities and most derivatives. 

Changes in the fair value of available-for-sale securities are 

reported in other comprehensive income. Available-for-sale 

securities and held-to-maturity debt securities are written 

down to fair value if impairment is other than temporary and 

loans held for sale are reported at the lower of cost or fair 

value.

FAS 159 allows institutions to report certain financial assets 

and liabilities at fair value with subsequent changes in fair 

value included in earnings. In general, an institution may 

elect the fair value option for an eligible financial asset or 

liability when it first recognizes the instrument on its balance 

sheet or enters into an eligible firm commitment.

FASB Statement No. 158 Employers’ Accounting for Defined Benefit 

Pension and Other Postretirement Plans—issued in September 

2006, requires a bank to recognize in 2007, and subsequently, 

the funded status of its postretirement plans on its balance 

sheet. An overfunded plan is recognized as an asset and an 

underfunded plan is recognized as a liability. An adjustment is 

made to equity as accumulated other comprehensive income 

(AOCI) upon application of FAS 158, and AOCI is adjusted 

in subsequent periods as net periodic benefit costs are recognized in earnings.

FASB Statement No. 156 Accounting for Servicing of Financial 

Assets—issued in March 2006 and effective in 2007, requires 

all separately recognized servicing assets and liabilities to be 

initially measured at fair value and allows a bank the option 

to subsequently adjust that value by periodic revaluation and 

recognition of earnings or by periodic amortization to 

earnings.

FASB Statement No. 155 Accounting for Certain Hybrid Financial 

Instruments—issued in February 2006, requires bifurcation of 

certain derivatives embedded in interests in securitized financial assets and permits fair value measurement (i.e., a fair 

value option) for any hybrid financial instrument that contains an embedded derivative that would otherwise require 

bifurcation under FASB Statement No. 133, Accounting for 

Derivative Instruments and Hedging Activities (FAS 133). In 

addition, FAS 155 clarifies which interest-only and principalonly strips are not subject to FAS 133.

temporary impairment has occurred and the entire difference 

between the security’s amortized cost basis and its fair value 

must be recognized in earnings.

For any debt security held at the beginning of the interim 

period in which FSP FAS 115-2 and FAS 124-2 is adopted 

for which an other-than-temporary impairment loss has been 

previously recognized, if an institution does not intend to sell 

such a debt security and it is not more likely than not that 

the institution will be required to sell the debt security before 

recovery of its amortized cost basis, the institution should recognize the cumulative effect of initially applying the FSP as 

an adjustment to the interim period’s opening balance of 

retained earnings, net of applicable taxes, with a corresponding adjustment to accumulated other comprehensive income. 

The cumulative effect on retained earnings must be calculated by comparing the present value of the cash flows expected 

to be collected on the debt security with the security’s amortized cost basis as of the beginning of the interim period of 

adoption.

FSP FAS 115-2 and FAS 124-2 is effective for interim and 

annual reporting periods ending after June 15, 2009. Early 

adoption of this FSP is permitted for periods ending after 

March 15, 2009, if certain conditions are met. Institutions are 

expected to adopt FSP FAS 115-2 and 124-2 for regulatory 

reporting purposes in accordance with the FSP’s effective date.

Extended Net Operating Loss Carryback Period 

for Small Businesses

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.

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 
FDIC Quarterly 24 2009, Volume 3, No. 2

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

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

DEFINITIONS (in alphabetical order)

All other assets—total cash, balances due from depository 

institutions, premises, fixed assets, direct investments in real 

estate, investment in unconsolidated subsidiaries, customers’ 

liability on acceptances outstanding, assets held in trading 

accounts, federal funds sold, securities purchased with agreements to resell, fair market value of derivatives, and other 

assets.

All other liabilities—bank’s liability on acceptances, limited-life 

preferred stock, allowance for estimated off-balance-sheet 

credit losses, fair market value of derivatives, and other 

liabilities.

Assessment base—assessable deposits consist of DIF deposits 

(deposits insured by the FDIC Deposit Insurance Fund) in 

banks’ domestic offices with certain adjustments).

Assets securitized and sold—total outstanding principal balance 

of assets securitized and sold with servicing retained or other 

seller-provided credit enhancements.

Capital Purchase Program (CPP)—As announced in October 

2008 under the TARP, the Treasury Department purchase of 

noncumulative perpetual preferred stock and related warrants 

that is treated as Tier 1 capital for regulatory capital purposes 

is included in “Total equity capital.” Such warrants to purchase common stock or noncumulative preferred stock issued 

by publicly traded banks are reflected as well in “Surplus.” 

Warrants to purchase common stock or noncumulative preferred stock of not-publicly-traded bank stock classified in a 

bank’s balance sheet as “Other liabilities.”

Construction and development loans—includes loans for all 

property types under construction, as well as loans for land 

acquisition and development.

Core capital—common equity capital plus noncumulative perpetual preferred stock plus minority interest in consolidated 

subsidiaries, less goodwill and other ineligible intangible 

assets. The amount of eligible intangibles (including servicing 

rights) included in core capital is limited in accordance with 

supervisory capital regulations.

Cost of funding earning assets—total interest expense paid on 

deposits and other borrowed money as a percentage of average 

earning assets.

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 

Purchased Impaired Loans and Debt Securities—Statement of 

Position 03-3, Accounting for Certain Loans or Debt Securities 

Acquired in a Transfer. The SOP applies to loans and debt 

securities acquired in fiscal years beginning after December 

15, 2004. In general, this Statement of Position applies to 

“purchased impaired loans and debt securities” (i.e., loans and 

debt securities that a bank has purchased, including those 

acquired in a purchase business combination, when it is probable, at the purchase date, that the bank will be unable to 

collect all contractually required payments receivable). Banks 

must follow Statement of Position 03-3 for Call Report purposes. The SOP does not apply to the loans that a bank has 

originated, prohibits “carrying over” or creation of valuation 

allowances in the initial accounting, and any subsequent valuation allowances reflect only those losses incurred by the 

investor after acquisition.

GNMA Buy-back Option—If an issuer of GNMA securities has 

the option to buy back the loans that collateralize the GNMA 

securities, when certain delinquency criteria are met, 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.

FASB Interpretation No. 46—The FASB issued Interpretation 

No. 46, Consolidation of Variable Interest Entities, in January 

2003 and revised it in December 2003. Generally, banks with 

variable interests in variable interest entities created after 

December 31, 2003, must consolidate them. The timing of 

consolidation varies with certain situations with application 

as late as 2005. The assets and liabilities of a consolidated 

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

according to the asset and liability categories shown on the 

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

small banks are unlikely to have any “variable interests” in 

variable interest entities.

FASB Interpretation No. 48 on Uncertain Tax Positions—FASB 

Interpretation No. 48, Accounting for Uncertainty in Income 

Taxes (FIN 48), was issued in June 2006 as an interpretation 

of FASB Statement No. 109, Accounting for Income Taxes. 

Under FIN 48, the term “tax position” refers to “a position 

in a previously filed tax return or a position expected to be 

taken in a future tax return that is reflected in measuring 

current or deferred income tax assets and liabilities.” FIN 48 

further states that a “tax position can result in a permanent 

reduction of income taxes payable, a deferral of income taxes 

otherwise currently payable to future years, or a change in the 

expected realizability of deferred tax assets.” FIN 48 was originally issued effective for fiscal years beginning after December 

15, 2006. Banks must adopt FIN 48 for Call Report purposes 

in accordance with the interpretation’s effective date except 

as follows. On December 31, 2008, the FASB decided to defer 

the effective date of FIN 48 for eligible nonpublic enterprises 

and to require those enterprises to adopt FIN 48 for annual 

periods beginning after December 15, 2008. A nonpublic 

enterprise under certain conditions is eligible for deferral, 

even if it opted to issue interim or quarterly financial information in 2007 under earlier guidance that reflected the 

adoption of FIN 48.
FDIC Quarterly 25 2009, Volume 3, No. 2

Quarterly Banking Profile

FHLB advances—all borrowings by FDIC insured institutions 

from the Federal Home Loan Bank System (FHLB), as reported by Call Report filers and by TFR filers.

Goodwill and other intangibles—intangible assets include 

servicing rights, purchased credit card relationships, and other 

identifiable intangible assets. Goodwill is the excess of the 

purchase price over the fair market value of the net assets 

acquired, less subsequent impairment adjustments. Other 

intangible assets are recorded at fair value, less subsequent 

quarterly amortization and impairment adjustments.

Loans secured by real estate—includes home equity loans, 

junior liens secured by 1–4 family residential properties, and 

all other loans secured by real estate.

Loans to individuals—includes outstanding credit card balances 

and other secured and unsecured consumer loans.

Long-term assets (5+ years)—loans and debt securities with 

remaining maturities or repricing intervals of over five years.

Maximum credit exposure—the maximum contractual credit 

exposure remaining under recourse arrangements and other 

seller-provided credit enhancements provided by the reporting bank to securitizations.

Mortgage-backed securities—certificates of participation in 

pools of residential mortgages and collateralized mortgage 

obligations issued or guaranteed by government-sponsored or 

private enterprises. Also, see “Securities,” below.

Net charge-offs—total loans and leases charged off (removed 

from balance sheet because of uncollectibility), less amounts 

recovered on loans and leases previously charged off.

Net interest margin—the difference between interest and dividends earned on interest-bearing assets and interest paid to 

depositors and other creditors, expressed as a percentage of 

average earning assets. No adjustments are made for interest 

income that is tax exempt.

Net loans to total assets—loans and lease financing receivables, net of unearned income, allowance and reserves, as a 

percent of total assets on a consolidated basis.

Net operating income—income excluding discretionary transactions such as gains (or losses) on the sale of investment securities and extraordinary items. Income taxes subtracted from 

operating income have been adjusted to exclude the portion 

applicable to securities gains (or losses).

Noncurrent assets—the sum of loans, leases, debt securities, 

and other assets that are 90 days or more past due, or in nonaccrual status.

Noncurrent loans & leases—the sum of loans and leases 90 days 

or more past due, and loans and leases in nonaccrual status.

Number of institutions reporting—the number of institutions 

that actually filed a financial report.

Other borrowed funds—federal funds purchased, securities sold 

with agreements to repurchase, demand notes issued to the 

U.S. Treasury, FHLB advances, other borrowed money, 

mortgage indebtedness, obligations under capitalized leases 

and trading liabilities, less revaluation losses on assets held in 

trading accounts.

Other real estate owned—primarily foreclosed property. Direct 

and indirect investments in real estate ventures are excluded. 

The amount is reflected net of valuation allowances. For 

institutions that file a Thrift Financial Report (TFR), the 

the types of derivatives transactions and are not a quantification of market risk or credit risk. Notional amounts represent 

the amounts used to calculate contractual cash flows to be 

exchanged.

Derivatives credit equivalent amount—the fair value of the 

derivative plus an additional amount for potential future 

credit exposure based on the notional amount, the remaining 

maturity and type of the contract.

Derivatives transaction types:

Futures and forward contracts—contracts in which the buyer 

agrees to purchase and the seller agrees to sell, at a specified 

future date, a specific quantity of an underlying variable or 

index at a specified price or yield. These contracts exist for 

a variety of variables or indices (traditional agricultural or 

physical commodities, as well as currencies and interest 

rates). Futures contracts are standardized and are traded on 

organized exchanges which set limits on counterparty credit 

exposure. Forward contracts do not have standardized terms 

and are traded over the counter.

Option contracts—contracts in which the buyer acquires the 

right to buy from or sell to another party some specified 

amount of an underlying variable or index at a stated price 

(strike price) during a period or on a specified future date, 

in return for compensation (such as a fee or premium). The 

seller is obligated to purchase or sell the variable or index at 

the discretion of the buyer of the contract.

Swaps—obligations between two parties to exchange a 

series of cash flows at periodic intervals (settlement dates), 

for a specified period. The cash flows of a swap are either 

fixed, or determined for each settlement date by multiplying 

the quantity (notional principal) of the underlying variable 

or index by specified reference rates or prices. Except for 

currency swaps, the notional principal is used to calculate 

each payment but is not exchanged.

Derivatives underlying risk exposure—the potential exposure 

characterized by the level of banks’ concentration in particular underlying instruments, in general. Exposure can result 

from market risk, credit risk, and operational risk, as well as, 

interest rate risk.

Domestic deposits to total assets—total domestic office deposits 

as a percent of total assets on a consolidated basis.

Earning assets—all loans and other investments that earn 

interest or dividend income.

Efficiency ratio—Noninterest expense less amortization of 

intangible assets as a percent of net interest income plus noninterest income. This ratio measures the proportion of net 

operating revenues that are absorbed by overhead expenses, 

so that a lower value indicates greater efficiency.

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.

Failed/assisted institutions—an institution fails when regulators 

take control of the institution, placing the assets and liabilities into a bridge bank, conservatorship, receivership, or 

another healthy institution. This action may require the 

FDIC to provide funds to cover losses. An institution is 

defined as “assisted” when the institution remains open and 

receives some insurance funds in order to continue operating.
FDIC Quarterly 26 2009, Volume 3, No. 2

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 Group A B C

1. Well Capitalized

2. Adequately Capitalized

3. Undercapitalized

I

12–14 bps II

17 bps

IV

50 bps

III

35 bps

III

35 bps

Supervisory Group

These rates represent a uniform increase of 7 basis points 

(annual rate) over the rates in effect for the fourth quarter of 

2008. The FDIC has modified the risk-based assessment system effective April 1, 2009 and set new rates for the second 

quarter or 2009.

For the first quarter of 2009, before these modifications take 

effect, the assessment rate for most institutions in Risk 

Category I will be based on a combination of financial ratios 

and CAMELS component ratings.

For large institutions in Risk Category I (generally those with 

at least $10 billion in assets) that have long-term debt issuer 

ratings, assessment rates will be determined by weighting 

CAMELS component ratings 50 percent and long-term debt 

issuer ratings 50 percent. For all large Risk Category I institutions, additional risk factors will be considered to determine 

whether assessment rates should be adjusted. This additional 

information includes market data, financial performance measures, considerations of the ability of an institution to withstand financial stress, and loss severity indicators. Any 

adjustment will be limited to no more than 1⁄2 basis point.

Beginning in 2007, each institution has been assigned a riskbased rate for a quarterly assessment period near the end of 

the quarter following the assessment period. Payment is generally due on the 30th day of the last month of the quarter 

following the assessment period. Supervisory rating changes 

are effective for assessment purposes as of the examination 

transmittal date. For institutions with long-term debt issuer 

ratings, changes in ratings are effective for assessment purposes as of the date the change was announced.

Risk-weighted assets—assets adjusted for risk-based capital 

definitions which include on-balance-sheet as well as offbalance-sheet items multiplied by risk-weights that range 

from zero to 200 percent. A conversion factor is used to assign 

a balance sheet equivalent amount for selected off-balancesheet accounts.

Securities—excludes securities held in trading accounts. Banks’ 

securities portfolios consist of securities designated as “heldto-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 

valuation allowance subtracted also includes allowances for 

other repossessed assets. Also, for TFR filers the components 

of other real estate owned are reported gross of valuation 

allowances.

Percent of institutions with earnings gains—the percent of institutions that increased their net income (or decreased their 

losses) compared to the same period a year earlier.

“Problem” institutions—federal regulators assign a composite 

rating to each financial institution, based upon an evaluation 

of financial and operational criteria. The rating is based on a 

scale of 1 to 5 in ascending order of supervisory concern. 

“Problem” institutions are those institutions with financial, 

operational, or managerial weaknesses that threaten their 

continued financial viability. Depending upon the degree of 

risk and supervisory concern, they are rated either a “4” or 

“5.” The number and assets of “problem” institutions are 

based on FDIC composite ratings. Prior to March 31, 2008, 

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—net income (including gains or losses on 

securities and extraordinary items) as a percentage of average 

total assets. The basic yardstick of bank profitability.

Return on equity—net income (including gains or losses on 

securities and extraordinary items) as a percentage of average 

total equity capital.

Risk-based capital groups—definition:

(Percent)

Total 

Risk-Based 

Capital*

Tier 1

Risk-Based 

Capital*

Tier 1 

Leverage

Tangible

Equity

Well-Capitalized ≥10 and ≥6 and ≥5 –

Adequately 

capitalized ≥8 and ≥4 and ≥4 –

Undercapitalized ≥6 and ≥3 and ≥3 –

Significantly 

undercapitalized <6 or <3 or <3 and >2

Critically 

undercapitalized – – – ≤2

*As a percentage of risk-weighted assets.

Risk Categories and Assessment Rate Schedule—The current risk 

categories became effective January 1, 2007. Capital ratios 

and supervisory ratings distinguish one risk category from 

another. The following table shows the relationship of risk 

categories (I, II, III, IV) to capital and supervisory groups as 

well as the assessment rates (in basis points) for each risk category for the first quarter of 2007. Supervisory Group A generally includes institutions with CAMELS composite ratings 
FDIC Quarterly 27 2009, Volume 3, No. 2

Quarterly Banking Profile

Trust assets—market value, or other reasonably available value 

of fiduciary and related assets, to include marketable securities, 

and other financial and physical assets. Common physical 

assets held in fiduciary accounts include real estate, equipment, collectibles, and household goods. Such fiduciary assets 

are not included in the assets of the financial institution.

Unearned income & contra accounts—unearned income for Call 

Report filers only.

Unused loan commitments—includes credit card lines, home 

equity lines, commitments to make loans for construction, 

loans secured by commercial real estate, and unused commitments to originate or purchase loans. (Excluded are commitments after June 2003 for originated mortgage loans held for 

sale, which are accounted for as derivatives on the balance 

sheet.)

Volatile liabilities—the sum of large-denomination time deposits, foreign-office deposits, federal funds purchased, securities 

sold under agreements to repurchase, and other borrowings.

Yield on earning assets—total interest, dividend, and fee 

income earned on loans and investments as a percentage of 

average earning assets.

for income taxes. Thrift Financial Report (TFR) filers also 

include gains (losses) on the sales of assets held for sale.

Seller’s interest in institution’s own securitizations—the reporting 

bank’s ownership interest in loans and other assets that have 

been securitized, except an interest that is a form of recourse 

or other seller-provided credit enhancement. Seller’s interests 

differ from the securities issued to investors by the securitization structure. The principal amount of a seller’s interest is 

generally equal to the total principal amount of the pool of 

assets included in the securitization structure less the principal amount of those assets attributable to investors, i.e., in the 

form of securities issued to investors.

Subchapter S Corporation—a Subchapter S corporation is treated as a pass-through entity, similar to a partnership, for federal income tax purposes. It is generally not subject to any 

federal income taxes at the corporate level. This can have the 

effect of reducing institutions’ reported taxes and increasing 

their after-tax earnings.

Temporary Liquidity Guarantee Program (TLGP) was approved 

by the FDIC Board on October 13, 2008. The TLGP was 

designed to help relieve the crisis in the credit markets by 

giving banks access to liquidity during a time of global financial distress. Participation in the TLGP is voluntary. The 

TLGP has two components:

Transaction Account Guarantee Program provides a full guarantee of non-interest-bearing deposit transaction accounts 

above $250,000, at depository institutions that elected to 

participate in the program. The guarantee is in effect until 

December 31, 2009.

Debt Guarantee Program provides a full guarantee of senior 

unsecured debt1

 issued by eligible institutions between 

October 14, 2008, and June 30, 2009, and maturing on or 

before June 30, 2012. Institutions eligible for participation 

in the debt guarantee program include insured depository 

institutions, U.S. bank holding companies, certain U.S. 

savings and loan holding companies, and other affiliates of 

an insured depository institution that the FDIC designates 

as eligible entities.

1

 Senior unsecured debt generally includes term Federal funds 

purchased, promissory notes, commercial paper, unsubordinated 

unsecured notes, certificates of deposit (CDs) standing to the credit of 

a bank, and U.S. dollar denominated bank deposits owed to an insured 

depository institution.