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FDIC Quarterly
Quarterly Banking Profile:
First Quarter 2013
	Highlights:
■	
■	
■	
■	
■	

■	

Quarterly Net Income Rises to $40.3 Billion
One-Time Income and Expense Items Help Lift Earnings
Only Four Insured Institutions Failed in the Quarter
Fund Balance Increases to $35.7 Billion
Insured Deposits Decline by 18.7 Percent With
End of Temporary Unlimited Insurance for
Noninterest-Bearing Transaction Accounts
DIF Reserve Ratio Rises 15 Basis Points to 0.59 Percent

2013, Volume 7, Number 2

The FDIC Quarterly is published by the Division of Insurance and Research of the Federal Deposit
Insurance Corporation and contains a comprehensive summary of the most current financial results
for the banking industry.  Feature articles appearing in the FDIC Quarterly range from timely analysis
of economic and banking trends at the national and regional level that may affect the risk exposure of
FDIC-insured institutions to research on issues affecting the banking system and the development of
regulatory policy.
Single copy subscriptions of the FDIC Quarterly can be obtained through the FDIC Public Information Center, 3501 Fairfax Drive, Room E-1002, Arlington, VA 22226.  E-mail requests should be
sent to publicinfo@fdic.gov. Change of address information also should be submitted to the Public
Information Center.
The FDIC Quarterly is available online by visiting the FDIC website at www.fdic.gov. To receive
e-mail notification of the electronic release of the FDIC Quarterly and the individual feature articles,
subscribe at www.fdic.gov/about/subscriptions/index.html.

Chairman	

Martin J. Gruenberg

Director, Division of Insurance	
  and Research

Arthur J. Murton

Executive Editors	
	

Richard A. Brown
Maureen E. Sweeney

Managing Editors	
	
	

Matthew Green
Paul H. Kupiec
Philip A. Shively

Editor	

Frank Solomon

Publication Manager	

Lynne Montgomery

Media Inquiries	

(202) 898-6993

FDIC Quarterly
2013, Volume 7, Number 2

Quarterly Banking Profile: First Quarter 2013
FDIC-insured institutions reported aggregate net income of $40.3 billion in the first quarter of 2013, a $5.5
billion (15.8 percent) increase from the $34.8 billion in profits that the industry reported in the first quarter of
2012. This is the 15th consecutive quarter that earnings have registered a year-over-year increase. Increased
noninterest income, lower noninterest expenses, and reduced provisions for loan losses accounted for the
increase in earnings from a year ago. Half of the 7,019 insured institutions reporting financial results had yearover-year increases in their earnings. The proportion of banks that were unprofitable fell to 8.4 percent, from
10.6 percent a year earlier.  See page 1.

Insurance Fund Indicators
The Deposit Insurance Fund (DIF) increased by $2.8 billion during the first quarter to $35.7 billion.
Estimated insured deposits decreased by 18.7 percent, to $6.0 trillion, during the first quarter primarily
because of the expiration of the temporary unlimited insurance coverage on noninterest-bearing transaction
accounts. The DIF reserve ratio was 0.59 percent at March 31, 2013, up from 0.44 percent at December 31,
2012, and 0.22 percent at March 31, 2012. Four FDIC-insured institutions failed during the quarter. 
See page 15.

The views expressed are those of the authors and do not necessarily reflect official positions of the Federal Deposit Insurance
Corporation. Some of the information used in the preparation of this publication was obtained from publicly available sources
that are considered reliable. However, the use of this information does not constitute an endorsement of its accuracy by the
Federal Deposit Insurance Corporation. Articles may be reprinted or abstracted if the publication and author(s) are credited.
Please provide the FDIC’s Division of Insurance and Research with a copy of any publications containing reprinted material.

Quarterly Banking Profile  First Quarter 2013
INSURED INSTITUTION PERFORMANCE
Quarterly Net Income Rises to $40.3 Billion
One-Time Income and Expense Items Help Lift Earnings
Loan Loss Provisions Fall to Six-Year Low
Industry Assets Decline by $26.3 Billion
Only Four Insured Institutions Failed in the Quarter

■	
■	
■	
■	
■	

More Than 90 Percent of Institutions Had
Positive Net Income in First Quarter

Loss Provisions Fall to Pre-Crisis Level
Total noninterest income was $5.1 billion (8.3
percent) higher than a year ago. Trading revenue was
$1.1 billion (17.8 percent) higher than in first quarter
2012, while gains from asset sales were up by $1 billion
(30.1 percent). Noninterest expense was $4.2 billion
(3.9 percent) lower, with more than half of the reduction occurring at one large bank. Fewer than 40
percent of banks (39.9 percent) reported reductions in
noninterest expense, while well over half (59.4
percent) reported rising expenses. Provisions for loan
and lease losses fell to $11.0 billion, a decline of $3.3
billion (23.2 percent) from a year ago. This is the
lowest quarterly loss provision since first quarter 2007.
More than half of all ­nstitutions—53.1 percent—
i
reported lower loss provisions than a year earlier.

Improvements in noninterest income and expense, plus
broad-based reductions in loan loss provisions,
outweighed declining net interest income and helped
lift industry earnings to an all-time high of $40.3 billion
in first quarter 2013. First-quarter net income was $5.5
billion (15.8 percent) higher than in first quarter 2012,
as a reduction in expenses for litigation costs and
proceeds from a legal settlement boosted reported earnings. Half of all insured institutions reported year-overyear improvement in quarterly earnings, the lowest
proportion since fourth quarter 2009. The average
return on assets (ROA) was 1.12 percent, up from 1
percent a year ago. This is the highest quarterly ROA
for the industry since second quarter 2007. Only 8.4
percent of institutions reported negative net income,
the lowest proportion of unprofitable banks since third
quarter 2006.

Chart 1

Chart 2
Quarterly Net Income

Billions of Dollars
$50

$40

35.2
28.7 28.5

$30
17.4

$20
$10

23.8

21.4

34.8 34.5

37.5

Percentage of All Insured Institutions
80
Percentage of Institutions With Year-Over-Year
70
Quarterly Income Growth

40.3
34.6

25.3

60
50

2.1

$0
-$10

20.9

Unprofitable Institutions and Institutions
With Increased Earnings

40

-1.7

-6.1

30

-12.6

-$20

Securities and Other Gains/Losses, Net
Net Operating Income

-$30

20
10

-$40
-$50

0
1

FDIC Quarterly	

2 3
2009

4

1

2 3
2010

4

1

2 3
2011

4

1

2 3
2012

4

1
2013

Percentage of Institutions With Quarterly Losses
123412341234123412341234123412341
2005 2006 2007
2008 2009 2010 2011 2012 2013

1

2013, Volume 7, No. 2

Average Net Interest Margin Is at Lowest Level
Since 2006

Real Estate Loans Show Greatest Improvement in
Noncurrent Levels

The combined positive effects of higher noninterest
income, lower noninterest expense, and reduced loss
provisions were offset somewhat by a $2.4 billion (2.2
percent) year-over-year decline in net interest income.
This is the third time in the last four quarters that net
interest income has been lower than in the year-earlier
quarter. The industry’s net interest margin (NIM) fell to
3.27 percent from 3.35 percent in fourth quarter 2012
and 3.51 percent in first quarter 2012. This is the lowest
average NIM for the industry since fourth quarter 2006.
Total interest income in the first quarter was $6 billion
(4.8 percent) lower than in first quarter 2012, even
though average interest-earning assets were more than
$589 billion (4.9 percent) higher. As older, higheryielding assets mature and are replaced by lower-yielding current assets, average yields continue to fall more
rapidly than the average expense of funding these assets.

The amount of loans and leases that were noncurrent
(90 days or more past due or in nonaccrual status)
declined by $15.7 billion during the three months
ended March 31. The improvement was led by resi­
dential mortgage loans, where noncurrent balances fell
by $8.7 billion (5 percent). Noncurrent real estate
construction and development loans declined by
$2.2 billion (12.7 percent), and noncurrent real estate
loans secured by nonfarm nonresidential properties fell
by $2 billion (6.5 percent). At the end of March,
noncurrent loan balances totaled $261.2 billion, the
lowest level since year-end 2008.

Reserve Reductions Follow Improving Trend in
Asset Quality
Insured institutions reduced their loss reserves by $6.6
billion (4 percent) in the quarter, as the $16 billion in
charge-offs taken out of reserves exceeded the $11
billion in loss provisions added to reserves. This is the
12th consecutive quarter in which banks have lowered
their reserves. The $155.5 billion that remained in
reserves at the end of the quarter is $107.7 billion (40.9
percent) below the peak of $263.2 billion reached at
the end of first quarter 2010. The industry’s coverage
ratio of reserves to noncurrent loans improved from
58.5 percent to 59.5 percent because of the sizable
reduction in noncurrent loan balances.

Consumer Loans Lead Improvement in Loan Losses
Loan losses declined from year-earlier levels for the 11th
consecutive quarter. The $16 billion in loan losses
reported by insured institutions was the smallest quarterly total since third quarter 2007. As has been the
case in most recent quarters, charge-off levels improved
in all major loan categories. The greatest improvement
occurred in residential mortgage loans, where chargeoffs were $2 billion (39.1 percent) lower than in first
quarter 2012. Charge-offs of home equity lines declined
by $976 million (33.4 percent), and charge-offs of
credit cards fell by $817 million (11.5 percent).

Chart 3

Chart 4
Year-Over-Year Change in Quarterly
Loan-Loss Provisions

Quarterly Revenue and Loan-Loss Provision
Billions of Dollars
$180
Quarterly Loan-Loss Provision

Billions of Dollars
$0

$160
-3.3

-$5

$140
$120

-$10

$100

-$15

$80

-$20

$60

-$25
-$30
-$35

Quarterly Net Operating Revenue*

$40
$20
-30.7
1

FDIC Quarterly	

$0
2

2011

3

4

1

2

2012

3

4

1
2013

1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1
2011
2012 2013
2008
2009
2010

*Net operating revenue = net interest income + noninterest income

2

2013, Volume 7, No. 2

Quarterly Banking Profile
loans to foreign depository institutions (up $15.5
billion, 16.9 percent), auto loans (up $5.7 billion, 1.8
percent), and multifamily residential real estate loans
(up $2.7 billion, 1.2 percent). Banks’ investment securities portfolios declined by $11.5 billion (0.4 percent), as
holdings of U.S. Treasury securities fell by $16.6 billion
(8.1 percent), and mortgage-backed securities declined
by $7.9 billion (0.5 percent). Institutions increased
their holdings of state and municipal securities by $6
billion (2.3 percent). Balances with Federal Reserve
banks rose by $184 billion (25.5 percent).

Higher Retained Earnings Bolster Equity Capital
Equity capital increased by $12.7 billion (0.8 percent)
during the quarter. Retained earnings contributed $25.9
billion, up from $13.9 billion a year earlier, as insured
institutions declared $14.4 billion in dividends in the
first quarter, compared with $20.9 billion in first quarter
2012. During the quarter, several large institutions
returned more than $7 billion in capital to their parent
holding companies. Equity growth was also limited by a
$5.2 billion decline in unrealized gains in banks’ available-for-sale securities portfolios.

Banks Continue to Reduce Reliance on
Nondeposit Liabilities

Loan Balances Post Seasonal Decline
Total assets of insured institutions declined by $26.3
billion (0.2 percent) during the quarter. This is the first
quarterly decline in industry assets since fourth quarter
2010. Balances of securities purchased under resale
agreements dropped by $57.5 billion (12.8 percent).
Total loans and leases fell by $36.8 billion (0.5
percent). The decline in loan balances was caused in
large part by a seasonal $35.9 billion (5.2 percent) drop
in credit card balances. In addition, home equity lines
fell by $16 billion (2.9 percent). Balances of residential
mortgage loans declined by $18.3 billion (1 percent), as
sales of mortgages during the quarter exceeded originations by almost $24 billion. Agricultural production
loan balances posted a seasonal $7.2 billion (10.7
percent) decline. Loan balances increased in commercial and industrial loans (up $24.8 billion, 1.6 percent),

Total deposits at insured institutions rose by $1.8
billion (0.02 percent), as deposits in domestic offices
fell by $20.5 billion (0.2 percent), and deposits in
foreign offices increased by $22.3 billion (1.6 percent).
Balances in noninterest-bearing domestic accounts
declined by $97.3 billion (3.8 percent), while interestbearing domestic deposits were up by $76.9 billion (1.1
percent). Banks reduced their nondeposit liabilities by
$40.4 billion (2 percent), as securities sold under repurchase agreements declined by $20.6 billion (5.3
percent), Federal Home Loan Bank advances dropped
by $3.7 billion (1.1 percent), and other secured borrowings declined by $22.9 billion (8 percent). At the end
of the quarter, deposits funded 75 percent of total
industry assets, the highest proportion since third quarter 1993.

Chart 5

Chart 6
Noncurrent Loans and Loan Losses Continue to Fall
but Remain Well Above Pre-Crisis Levels

Quarterly Net Interest Margins
Percent
5.0

Assets < $1 Billion

Percent
6

Assets $1 Billion - $10 Billion
Assets $10 Billion - $100 Billion

4.5

Assets > $100 Billion

Noncurrent Loan Rate

5

4.0

4

3.5

3

3.0

2

2.5

1

2.0

0

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

FDIC Quarterly	

3

Quarterly Net Charge-Off Rate
2006

2007

2008

2009

2010

2011

2012

2013

2013, Volume 7, No. 2

2010. The number of insured institutions on the FDIC’s
“Problem List” declined for an eighth consecutive
q
­ uarter, from 651 to 612. Total assets of “problem”
institutions declined from $233 billion to $213 billion.
The number of full-time equivalent employees at
insured institutions fell from 2,110,276 to 2,102,839
during the quarter.

Numbers of Failures and Problem Banks
Continue to Fall
The number of FDIC-insured institutions reporting
financial results fell to 7,019 in the first quarter, down
from 7,083 in fourth quarter 2012. Mergers absorbed 55
institutions during the quarter, and four institutions
failed. This is the smallest number of failures in a quarter since second quarter 2008. For a seventh consecutive quarter, no new insured institutions were added.
Except for charters created to absorb failed banks, there
have been no new charters added since fourth quarter

Author:	 Ross Waldrop, Senior Banking Analyst
	
Division of Insurance and Research
	
(202) 898-3951

Chart 7

Chart 8
Quarterly Change in Loan Balances

Long-Term Assets as a Percentage of Total Assets*

Billions of Dollars
$300

Percent of Total Assets
30

237

$250

221*

203

189

$200

118

102

$100

67

61

$50 43

28

$0

65

20

24
-7 -14

-6

-$50

-109
-116
-140

-$150
-$200

-133

-107

15

-37

-63

-$100

-$250

25

134

$150

10

-126

-210

5

1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1
2011
2012 2013
2007
2008
2009
2010

*FASB Statements 166 and 167 resulted in the consolidation of large amounts of securitized
loan balances back onto banks’ balance sheets in the first quarter of 2010. Although the total
amount consolidated cannot be precisely quantified, the industry would have reported a
decline in loan balances for the quarter absent this change in accounting standards.

0

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

*Long-term assets mature or reprice in five or more years.

Chart 9

Chart 10
Quarterly Changes in the Number of
Troubled Institutions

200
175

50

150
125

0

9

-50

21

111

136

2.0

45

150

1.5
41

73

54

30

1.0

31 24 26 22 26
18 16 15 12
4
-23 -21 -31

8

4

0.5

-41 -40 -38 -43 -39

0.0

1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1
2008
2009
2010
2011
2012 2013

FDIC Quarterly	

Noninterest-Bearing Transaction Balances > $250,000
All Other Domestic Noninterest-Bearing Deposits

41

81
2
54
53
2
14 27

-25

2.5

Net Quarterly Change in
Number of Problem Banks

12

75

25

Quarterly Failures

24

100

50

45

Noninterest-Bearing Deposits in Domestic Offices
Trillions of Dollars
3.0

4

1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1
2009
2008
2007
2010
2011
2012 2013

2013, Volume 7, No. 2

Quarterly Banking Profile
TABLE I-A.  Selected Indicators, All FDIC-Insured Institutions*
Return on assets (%)������������������������������������������������������������������������������������������������������
Return on equity (%)�������������������������������������������������������������������������������������������������������
Core capital (leverage) ratio (%)������������������������������������������������������������������������������������
Noncurrent assets plus other real estate owned to assets (%)������������������������������������
Net charge-offs to loans (%)������������������������������������������������������������������������������������������
Asset growth rate (%)�����������������������������������������������������������������������������������������������������
Net interest margin (%)���������������������������������������������������������������������������������������������������
Net operating income growth (%)����������������������������������������������������������������������������������
Number of institutions reporting�������������������������������������������������������������������������������������
	
Commercial banks���������������������������������������������������������������������������������������������������
	
Savings institutions�������������������������������������������������������������������������������������������������
Percentage of unprofitable institutions (%)��������������������������������������������������������������������
Number of problem institutions��������������������������������������������������������������������������������������
Assets of problem institutions (in billions)���������������������������������������������������������������������
Number of failed institutions������������������������������������������������������������������������������������������
Number of assisted institutions��������������������������������������������������������������������������������������

2013**
1.12
9.95
9.26
2.08
0.83
3.58
3.27
19.55
7,019
6,048
971
8.38
612
$213
4
0

2012**
1.00
8.94
9.19
2.53
1.17
3.82
3.51
12.70
7,308
6,264
1,044
10.63
772
$292
16
0

2012
1.00
8.91
9.15
2.20
1.10
4.02
3.42
17.84
7,083
6,096
987
10.84
651
$233
51
0

2011
0.88
7.79
9.07
2.60
1.55
4.30
3.60
43.59
7,357
6,291
1,066
16.22
813
$319
92
0

2010
0.65
5.85
8.89
3.11
2.55
1.77
3.76
1594.74
7,658
6,530
1,128
22.15
884
$390
157
0

2009
-0.08
-0.73
8.60
3.37
2.52
-5.45
3.49
-155.98
8,012
6,840
1,172
30.84
702
$403
140
8

2008
0.03
0.35
7.47
1.91
1.29
6.19
3.16
-90.71
8,305
7,087
1,218
24.89
252
$159
25
5

* Excludes insured branches of foreign banks (IBAs).
** Through March 31, ratios annualized where appropriate. Asset growth rates are for 12 months ending March 31.

TABLE II-A.  Aggregate Condition and Income Data, All FDIC-Insured Institutions
Number of institutions reporting�������������������������������������������������������������������������������������
Total employees (full-time equivalent)���������������������������������������������������������������������������
CONDITION DATA
Total assets���������������������������������������������������������������������������������������������������������������������
	
Loans secured by real estate����������������������������������������������������������������������������������
		
1-4 Family residential mortgages��������������������������������������������������������������������
		Nonfarm nonresidential�����������������������������������������������������������������������������������
		
Construction and development
		
Home equity lines���������������������������������������������������������������������������������������������
	
Commercial & industrial loans��������������������������������������������������������������������������������
	
Loans to individuals�������������������������������������������������������������������������������������������������
		Credit cards������������������������������������������������������������������������������������������������������
	
Farm loans���������������������������������������������������������������������������������������������������������������
	
Other loans & leases�����������������������������������������������������������������������������������������������
	
Less: Unearned income������������������������������������������������������������������������������������������
	
Total loans & leases������������������������������������������������������������������������������������������������
	
Less: Reserve for losses�����������������������������������������������������������������������������������������
	
Net loans and leases�����������������������������������������������������������������������������������������������
	Securities�����������������������������������������������������������������������������������������������������������������
	
Other real estate owned������������������������������������������������������������������������������������������
	
Goodwill and other intangibles�������������������������������������������������������������������������������
	
All other assets��������������������������������������������������������������������������������������������������������

1st Quarter
2013
7,019
2,102,839

4th Quarter
2012
7,083
2,110,276

1st Quarter
2012
7,308
2,102,280

%Change
12Q1-13Q1
-4.0
0.0

$14,424,552
4,058,662
1,877,341
1,072,268
201,590
538,427
1,533,124
1,291,634
660,218
59,834
717,605
1,925
7,658,935
155,467
7,503,468
2,998,513
35,883
367,043
3,519,644

$14,450,816
4,094,535
1,895,625
1,072,536
203,679
554,455
1,508,328
1,327,611
696,079
67,037
700,021
1,838
7,695,693
162,028
7,533,665
3,009,963
38,490
366,582
3,502,116

$13,926,031
4,087,040
1,858,616
1,057,770
228,306
590,723
1,373,601
1,266,712
650,022
58,264
627,707
2,103
7,411,220
183,247
7,227,973
2,930,553
44,789
371,414
3,351,304

3.6
-0.7
1.0
1.4
-11.7
-8.9
11.6
2.0
1.6
2.7
14.3
-8.5
3.3
-15.2
3.8
2.3
-19.9
-1.2
5.0

Total liabilities and capital����������������������������������������������������������������������������������������������
	Deposits�������������������������������������������������������������������������������������������������������������������
		
Domestic office deposits���������������������������������������������������������������������������������
		
Foreign office deposits������������������������������������������������������������������������������������
	
Other borrowed funds���������������������������������������������������������������������������������������������
	
Subordinated debt���������������������������������������������������������������������������������������������������
	
All other liabilities����������������������������������������������������������������������������������������������������
	
Total equity capital (includes minority interests)����������������������������������������������������
		
Bank equity capital�������������������������������������������������������������������������������������������

14,424,552
10,819,194
9,426,562
1,392,632
1,300,317
116,075
547,353
1,641,612
1,626,449

14,450,816
10,817,383
9,447,029
1,370,355
1,322,345
118,023
563,803
1,629,263
1,613,705

13,926,031
10,261,033
8,825,724
1,435,309
1,381,632
129,351
567,197
1,586,819
1,568,492

3.6
5.4
6.8
-3.0
-5.9
-10.3
-3.5
3.5
3.7

Loans and leases 30-89 days past due�������������������������������������������������������������������������
Noncurrent loans and leases�����������������������������������������������������������������������������������������
Restructured loans and leases��������������������������������������������������������������������������������������
Mortgage-backed securities������������������������������������������������������������������������������������������
Earning assets����������������������������������������������������������������������������������������������������������������
FHLB Advances��������������������������������������������������������������������������������������������������������������
Unused loan commitments���������������������������������������������������������������������������������������������
Trust assets��������������������������������������������������������������������������������������������������������������������
Assets securitized and sold�������������������������������������������������������������������������������������������
Notional amount of derivatives���������������������������������������������������������������������������������������

80,020
261,161
105,866
1,698,269
12,753,014
330,179
5,927,287
18,133,305
811,571
232,653,745

88,898
276,861
104,986
1,706,122
12,682,312
333,837
5,852,880
17,313,366
871,814
224,080,331

89,755
305,032
123,926
1,735,496
12,182,371
305,832
5,839,217
17,084,043
974,443
230,665,007

-10.8
-14.4
-14.6
-2.1
4.7
8.0
1.5
6.1
-16.7
0.9

(dollar figures in millions) 

INCOME DATA
Total interest income�������������������������������������������������������������������
Total interest expense�����������������������������������������������������������������
	
Net interest income��������������������������������������������������������������
Provision for loan and lease losses��������������������������������������������
Total noninterest income�������������������������������������������������������������
Total noninterest expense�����������������������������������������������������������
Securities gains (losses)�������������������������������������������������������������
Applicable income taxes�������������������������������������������������������������
Extraordinary gains, net��������������������������������������������������������������
	
Total net income (includes minority interests)���������������������
		
Bank net income������������������������������������������������������������
Net charge-offs����������������������������������������������������������������������������
Cash dividends����������������������������������������������������������������������������
Retained earnings�����������������������������������������������������������������������
	
Net operating income�����������������������������������������������������������

Full Year 2012
$487,235
65,902
421,333
58,261
248,676
421,169
9,680
58,319
-142
141,798
141,188
82,730
96,400
44,788
134,618

Full Year 2011
$507,389
84,808
422,581
77,510
230,135
411,728
5,510
50,663
926
119,252
118,427
113,239
77,938
40,489
114,241



FDIC Quarterly	

%Change
-4.0
-22.3
-0.3
-24.8
8.1
2.3
75.7
15.1
N/M
18.9
19.2
-26.9
23.7
10.6
17.8

1st Quarter
2013
$118,205
14,201
104,003
11,014
66,547
102,310
2,071
18,746
-61
40,490
40,292
15,978
14,401
25,891
39,037

1st Quarter
2012
$124,190
17,814
106,376
14,346
61,426
106,476
3,014
15,144
114
34,963
34,793
21,786
20,943
13,850
32,653

%Change
12Q1-13Q1
-4.8
-20.3
-2.2
-23.2
8.3
-3.9
-31.3
23.8
N/M
15.8
15.8
-26.7
-31.2
86.9
19.6

N/M - Not Meaningful

5

2013, Volume 7, No. 2

TABLE III-A.  First Quarter 2013, All FDIC-Insured Institutions
Asset Concentration Groups*
FIRST QUARTER
All Insured
	
(The way it is...)
Institutions
Number of institutions reporting�����������������������
7,019
	
Commercial banks�������������������������������������
6,048
	
Savings institutions�����������������������������������
971
Total assets (in billions)������������������������������������
$14,424.6
	
Commercial banks�������������������������������������
13,362.6
	
Savings institutions�����������������������������������
1,062.0
Total deposits (in billions)���������������������������������
10,819.2
	
Commercial banks�������������������������������������
10,008.7
	
Savings institutions�����������������������������������
810.5
Bank net income (in millions)���������������������������
40,292
	
Commercial banks�������������������������������������
37,564
	
Savings institutions�����������������������������������
2,728
 
Performance Ratios (annualized, %)
Yield on earning assets������������������������������������
3.72
Cost of funding earning assets������������������������
0.45
	
Net interest margin������������������������������������
3.27
Noninterest income to assets���������������������������
1.84
Noninterest expense to assets�������������������������
2.84
Loan and lease loss provision to assets����������
0.31
Net operating income to assets�����������������������
1.08
Pretax return on assets������������������������������������
1.64
Return on assets�����������������������������������������������
1.12
Return on equity�����������������������������������������������
9.95
Net charge-offs to loans and leases����������������
0.83
Loan and lease loss provision to
	
net charge-offs������������������������������������������
68.93
Efficiency ratio��������������������������������������������������
58.92
% of unprofitable institutions����������������������������
8.38
% of institutions with earnings gains����������������
49.92
 
Condition Ratios (%)
Earning assets to total assets��������������������������
88.41
Loss allowance to:
	
Loans and leases��������������������������������������
2.03
	
Noncurrent loans and leases��������������������
59.53
Noncurrent assets plus
	
other real estate owned to assets�������������
2.08
Equity capital ratio��������������������������������������������
11.28
Core capital (leverage) ratio ����������������������������
9.26
Tier 1 risk-based capital ratio���������������������������
12.99
Total risk-based capital ratio����������������������������
14.98
Net loans and leases to deposits���������������������
69.35
Net loans to total assets ����������������������������������
52.02
Domestic deposits to total assets��������������������
65.35
Structural Changes
	
New reporters��������������������������������������������
	
Institutions absorbed by mergers�������������
	
Failed institutions��������������������������������������

0
55
4
 

Credit
Card
International Agricultural Commercial
Banks
Banks
Banks
Lenders
16
5
1,491
3,483
14
5
1,471
3,144
2
0
20
339
$594.3
$3,838.6
$231.1
$4,223.8
519.6
3,838.6
226.4
3,885.6
74.7
0.0
4.7
338.2
324.1
2,700.1
194.2
3,327.2
274.8
2,700.1
191.3
3,075.5
49.3
0.0
2.9
251.7
4,625
9,072
657
9,433
4,042
9,072
632
8,730
583
0
25
703

Mortgage Consumer
Lenders
Lenders
619
49
177
35
442
14
$566.2
$106.3
223.8
27.9
342.3
78.5
421.9
89.0
169.9
21.6
252.0
67.4
1,334
388
701
172
633
216

Other
Specialized
All Other
<$1 Billion
<$1 Billion
450
827
411
725
39
102
$69.4
$148.9
63.9
123.2
5.6
25.7
56.0
125.8
52.2
105.2
3.8
20.7
265
346
178
287
88
59

All Other
>$1 Billion
79
66
13
$4,645.8
4,453.5
192.4
3,580.9
3,418.2
162.6
14,171
13,751
420

10.19
0.78
9.42
4.00
5.53
2.24
3.12
4.86
3.10
21.01
3.49

2.89
0.45
2.44
1.93
2.56
0.16
0.89
1.39
0.95
10.60
1.17

4.08
0.58
3.50
0.65
2.48
0.09
1.12
1.33
1.14
10.14
0.10

4.04
0.49
3.55
1.25
2.94
0.24
0.86
1.29
0.89
7.51
0.51

3.62
0.73
2.89
1.06
2.29
0.18
0.88
1.35
0.94
8.30
0.42

4.72
0.78
3.94
2.38
3.09
0.71
1.49
2.34
1.49
15.58
1.18

3.05
0.48
2.58
4.14
4.43
0.08
1.40
2.14
1.52
9.96
0.35

4.07
0.60
3.47
1.11
3.02
0.15
0.90
1.18
0.94
8.14
0.29

3.19
0.30
2.89
2.17
2.68
0.26
1.20
1.78
1.22
10.15
0.63

82.20
42.10
0.00
62.50

41.64
62.55
20.00
40.00

154.33
63.47
3.89
43.13

69.04
65.63
9.82
55.84

70.64
60.41
11.15
45.23

88.07
49.47
4.08
55.10

78.96
67.84
12.00
40.22

93.27
69.90
7.13
45.10

79.36
55.86
3.80
54.43

91.56

86.31

92.58

89.76

93.43

94.83

91.50

92.15

87.38

4.12
300.68

2.82
78.64

1.57
120.44

1.72
71.07

1.39
39.39

1.82
141.61

1.93
82.67

1.59
75.22

1.72
33.99

1.04
14.94
12.99
15.02
17.28
133.64
72.87
51.97

1.30
8.97
7.35
11.57
14.07
46.42
32.65
40.25

1.07
11.27
10.19
15.12
16.27
68.32
57.42
84.05

2.12
11.95
10.11
13.05
14.73
83.51
65.78
78.25

2.57
11.44
10.38
20.44
21.57
82.16
61.22
74.39

0.92
9.50
9.29
13.25
14.35
78.81
65.98
83.71

1.05
14.56
13.23
29.97
31.07
34.61
27.89
80.01

1.67
11.49
10.91
19.07
20.22
63.10
53.32
84.49

2.85
12.07
9.26
12.56
14.59
66.75
51.45
72.79

0
0
0

0
0
0

0
8
0

0
37
4

0
2
0

0
0
0

0
0
0

0
5
0

0
3
0

PRIOR FIRST QUARTERS
	
(The way it was...)
Number of institutions������������������������������2012
	
��������������������������������������2010
	
������������������������������������� 2008

7,308
7,934
8,494

18
21
26

5
4
6

1,492
1,553
1,550

3,680
4,358
4,752

716
745
809

52
75
102

427
303
362

851
813
835

67
62
52

Total assets (in billions)����������������������������2012
	
��������������������������������������2010
	
������������������������������������� 2008

$13,926.0
13,336.0
13,369.3

$559.2
725.0
448.5

$3,660.4
3,157.3
3,085.6

$212.6
181.1
158.0

$4,069.0
4,497.8
5,271.5

$825.0
776.9
1,364.4

$98.5
95.0
66.3

$67.6
40.7
38.2

$152.6
126.6
112.5

$4,281.2
3,735.7
2,824.5

Return on assets (%)��������������������������������2012
	
��������������������������������������2010
	
������������������������������������� 2008

1.00
0.53
0.58

3.33
0.70
4.59

0.80
0.75
0.35

1.27
0.95
1.19

0.84
0.16
0.78

0.82
0.78
-0.21

1.78
1.41
1.30

1.71
1.20
2.20

0.99
0.86
1.01

1.01
0.64
0.13

Net charge-offs to loans & leases (%)�����2012
	
��������������������������������������2010
	
������������������������������������� 2008

1.17
2.88
0.99

4.17
14.26
4.97

1.48
2.75
1.13

0.17
0.45
0.17

0.77
1.89
0.71

0.96
1.20
1.14

1.55
2.69
1.78

0.26
0.54
0.21

0.33
0.44
0.17

0.99
2.29
0.64

Noncurrent assets plus
	
OREO to assets (%)��������������������������2012
	
��������������������������������������2010
	
������������������������������������� 2008

2.53
3.45
1.15

1.29
2.77
1.62

1.55
2.64
0.70

1.40
1.66
0.99

2.88
4.02
1.43

2.38
3.14
1.97

1.17
1.29
0.73

1.16
0.70
0.28

1.72
1.54
0.74

3.37
3.87
0.70

Equity capital ratio (%)�����������������������������2012
	
��������������������������������������2010
	
������������������������������������� 2008

11.26
10.79
10.18

15.16
13.47
22.85

9.13
8.77
7.57

11.28
11.23
11.22

11.66
10.76
11.36

10.65
9.76
8.09

9.56
10.52
9.01

13.79
16.99
20.28

11.23
11.20
11.32

12.32
12.15
9.61

 

* See Table V-A (page 10) for explanations.
Note: Blue font identifies data that are also presented in the prior quarters data at bottom of table.

FDIC Quarterly	

6

2013, Volume 7, No. 2

Quarterly Banking Profile
TABLE III-A.  First Quarter 2013, All FDIC-Insured Institutions
Asset Size Distribution
FIRST QUARTER
All Insured
	
(The way it is...)
Institutions
Number of institutions reporting�����������������������������
7,019
	
Commercial banks�������������������������������������������
6,048
	
Savings institutions�����������������������������������������
971
Total assets (in billions)������������������������������������������
$14,424.6
	
Commercial banks�������������������������������������������
13,362.6
	
Savings institutions�����������������������������������������
1,062.0
Total deposits (in billions)���������������������������������������
10,819.2
	
Commercial banks�������������������������������������������
10,008.7
	
Savings institutions�����������������������������������������
810.5
Bank net income (in millions)���������������������������������
40,292
	
Commercial banks�������������������������������������������
37,564
	
Savings institutions�����������������������������������������
2,728
Performance Ratios (annualized, %)
Yield on earning assets������������������������������������������
Cost of funding earning assets������������������������������
	
Net interest margin������������������������������������������
Noninterest income to assets���������������������������������
Noninterest expense to assets�������������������������������
Loan and lease loss provision to assets����������������
Net operating income to assets�����������������������������
Pretax return on assets������������������������������������������
Return on assets�����������������������������������������������������
Return on equity�����������������������������������������������������
Net charge-offs to loans and leases����������������������
Loan and lease loss provision to
	
net charge-offs������������������������������������������������
Efficiency ratio��������������������������������������������������������
% of unprofitable institutions����������������������������������
% of institutions with earnings gains����������������������

Geographic Regions*

Less than
$100
$1 Billion
Greater
$100
Million to
to
than
Million
$1 Billion $10 Billion $10 Billion New York
2,162
4,195
553
109
867
1,915
3,596
447
90
472
247
599
106
19
395
$126.1
$1,270.8
$1,423.9 $11,603.8
$2,862.6
112.2
1,060.4
1,154.0
11,036.0
2,405.2
13.9
210.4
269.9
567.8
457.4
107.4
1,066.2
1,114.8
8,530.8
2,100.9
96.4
897.3
905.4
8,109.6
1,763.2
11.0
168.9
209.4
421.2
337.6
230
2,762
3,875
33,424
6,170
208
2,370
3,224
31,762
5,425
22
393
651
1,662
744

Atlanta
894
806
88
$3,017.1
2,931.0
86.0
2,310.6
2,245.8
64.8
8,458
8,327
131

Chicago
1,500
1,244
256
$3,346.0
3,230.3
115.7
2,387.5
2,299.1
88.5
9,036
8,707
329

Kansas
City
1,701
1,623
78
$3,068.2
3,008.6
59.5
2,350.4
2,302.8
47.5
9,608
9,451
157

San
Dallas
Francisco
1,480
577
1,379
524
101
53
$871.0
$1,259.8
767.0
1,020.4
104.0
239.3
722.9
946.9
637.2
760.5
85.7
186.4
2,376
4,644
2,028
3,625
347
1,019

3.72
0.45
3.27
1.84
2.84
0.31
1.08
1.64
1.12
9.95
0.83

4.16
0.59
3.57
1.00
3.31
0.12
0.69
0.87
0.73
6.09
0.24

4.21
0.62
3.59
1.11
3.16
0.18
0.83
1.12
0.87
7.91
0.33

4.27
0.54
3.73
1.32
3.07
0.23
1.03
1.48
1.09
9.26
0.43

3.59
0.41
3.18
2.00
2.77
0.33
1.12
1.72
1.15
10.31
0.97

4.00
0.48
3.52
1.51
2.78
0.43
0.82
1.47
0.86
7.03
1.13

3.66
0.39
3.27
2.15
3.03
0.30
1.11
1.68
1.11
9.19
0.83

2.95
0.39
2.56
2.01
2.73
0.13
1.03
1.46
1.09
11.95
0.55

4.06
0.51
3.55
1.73
2.74
0.39
1.22
1.76
1.25
11.44
1.05

3.92
0.43
3.49
1.42
3.04
0.15
1.07
1.45
1.09
10.15
0.36

4.23
0.53
3.70
2.02
2.88
0.42
1.43
2.19
1.47
11.07
0.65

68.93
58.92
8.38
49.92

90.60
77.56
13.27
44.40

90.26
71.46
6.58
51.39

84.95
64.36
3.98
57.87

66.83
56.82
2.75
62.39

71.77
58.47
9.11
52.13

62.95
59.84
12.64
55.93

52.58
63.59
8.93
49.20

67.65
55.11
5.82
44.74

68.38
65.59
6.76
49.39

108.69
52.59
10.92
55.81

88.41

91.39

92.20

91.34

87.61

88.39

87.15

87.45

88.20

91.35

92.51

Condition Ratios (%)
Earning assets to total assets���������������������������������
Loss allowance to:
	
Loans and leases���������������������������������������������
	
Noncurrent loans and leases���������������������������
Noncurrent assets plus
	
other real estate owned to assets��������������������
Equity capital ratio���������������������������������������������������
Core capital (leverage) ratio �����������������������������������
Tier 1 risk-based capital ratio����������������������������������
Total risk-based capital ratio�����������������������������������
Net loans and leases to deposits����������������������������
Net loans to total assets �����������������������������������������
Domestic deposits to total assets���������������������������

2.03
59.53

1.80
80.10

1.76
74.03

1.79
69.85

2.11
57.05

1.94
82.50

1.95
40.87

2.17
60.90

2.34
60.04

1.66
68.19

1.71
94.85

2.08
11.28
9.26
12.99
14.98
69.35
52.02
65.35

2.03
11.98
11.44
19.20
20.33
62.96
53.62
85.17

2.29
11.00
10.41
15.82
17.02
72.35
60.70
83.85

2.17
11.85
10.47
15.21
16.45
79.56
62.29
77.89

2.04
11.23
8.96
12.38
14.54
67.73
49.79
61.57

1.41
12.26
9.73
14.04
15.68
70.84
51.99
64.64

3.04
12.22
9.22
12.87
14.96
72.42
55.46
73.47

1.86
9.12
7.76
11.05
13.45
61.49
43.88
58.20

2.34
11.03
9.19
12.42
14.60
68.84
52.73
57.36

2.01
10.82
9.70
14.42
15.84
70.56
58.56
82.65

1.28
13.41
12.10
16.35
17.65
78.74
59.19
74.03

Structural Changes
	
New reporters��������������������������������������������������
	
Institutions absorbed by mergers�������������������
	
Failed institutions��������������������������������������������

0
55
4

0
20
3

0
31
1

0
4
0

0
0
0

0
4
0

0
5
1

0
14
1

0
12
1

0
13
0

0
7
1

PRIOR FIRST QUARTERS
	
(The way it was…)
Number of institutions������������������������������������2012
	
��������������������������������������������2010
	
������������������������������������������� 2008

7,308
7,934
8,494

2,368
2,779
3,347

4,276
4,475
4,481

557
575
549

107
105
117

906
977
1,036

945
1,103
1,223

1,544
1,637
1,752

1,767
1,868
1,968

1,533
1,654
1,730

613
695
785

Total assets (in billions)����������������������������������2012
	
��������������������������������������������2010
	
������������������������������������������� 2008

$13,926.0
13,336.0
13,369.3

$137.4
155.4
178.0

$1,283.6
1,339.9
1,334.3

$1,419.8
1,477.9
1,438.1

$11,085.3
10,362.8
10,419.0

$2,823.3
2,671.7
2,478.8

$2,918.0
2,989.0
3,423.5

$3,208.5
2,978.4
2,963.1

$2,967.7
1,664.4
1,000.0

$831.1
786.3
748.7

$1,177.5
2,246.3
2,755.2

Return on assets (%)��������������������������������������2012
	
��������������������������������������������2010
	
������������������������������������������� 2008

1.00
0.53
0.58

0.74
0.46
0.73

0.83
0.38
0.79

1.06
0.19
0.76

1.02
0.60
0.53

0.97
0.56
1.04

0.83
0.27
0.32

0.87
0.48
0.75

1.08
0.65
1.39

1.12
0.72
0.94

1.60
0.73
-0.05

Net charge-offs to loans & leases (%)�����������2012
	
��������������������������������������������2010
	
������������������������������������������� 2008

1.17
2.88
0.99

0.38
0.65
0.20

0.58
0.88
0.30

0.78
1.77
0.70

1.33
3.46
1.16

1.36
4.10
1.15

1.28
2.73
0.76

0.90
2.35
0.84

1.44
3.27
1.13

0.57
1.23
0.45

0.89
2.59
1.38

Noncurrent assets plus
	
OREO to assets (%)��������������������������������2012
	
��������������������������������������������2010
	
������������������������������������������� 2008

2.53
3.45
1.15

2.26
2.32
1.09

2.88
3.39
1.33

3.05
3.70
1.44

2.43
3.43
1.09

1.70
2.46
0.86

3.73
4.18
1.08

2.28
3.23
1.09

2.70
4.79
1.52

2.45
3.19
1.22

1.85
3.02
1.42

Equity capital ratio (%)�����������������������������������2012
	
��������������������������������������������2010
	
������������������������������������������� 2008

11.26
10.79
10.18

11.74
11.96
13.78

10.67
10.04
10.52

11.74
10.86
11.13

11.26
10.86
9.94

12.57
11.92
12.09

12.01
11.29
10.20

8.79
8.55
9.06

11.14
11.51
9.73

10.90
10.39
9.88

13.60
11.37
9.88

* See Table V-A (page 11) for explanations.
Note: Blue font identifies data that are also presented in the prior quarters data at bottom of table.

FDIC Quarterly	

7

2013, Volume 7, No. 2

TABLE IV-A.  Full Year 2012, All FDIC-Insured Institutions
Asset Concentration Groups*
FULL YEAR
All Insured
	
(The way it is...)
Institutions
Number of institutions reporting�����������������������
7,083
	
Commercial banks�������������������������������������
6,096
	
Savings institutions�����������������������������������
987
Total assets (in billions)������������������������������������
$14,450.8
	
Commercial banks�������������������������������������
13,391.1
	
Savings institutions�����������������������������������
1,059.7
Total deposits (in billions)���������������������������������
10,817.4
	
Commercial banks�������������������������������������
10,014.1
	
Savings institutions�����������������������������������
803.2
Bank net income (in millions)���������������������������
141,188
	
Commercial banks�������������������������������������
130,210
	
Savings institutions�����������������������������������
10,977
 
Performance Ratios (annualized, %)
Yield on earning assets������������������������������������
3.96
Cost of funding earning assets������������������������
0.54
	
Net interest margin������������������������������������
3.42
Noninterest income to assets���������������������������
1.77
Noninterest expense to assets�������������������������
3.00
Loan and lease loss provision to assets����������
0.41
Net operating income to assets�����������������������
0.96
Pretax return on assets������������������������������������
1.42
Return on assets�����������������������������������������������
1.00
Return on equity�����������������������������������������������
8.91
Net charge-offs to loans and leases����������������
1.10
Loan and lease loss provision to
70.42
	
net charge-offs������������������������������������������
Efficiency ratio��������������������������������������������������
61.65
% of unprofitable institutions����������������������������
10.84
% of institutions with earnings gains����������������
67.70
 
Condition Ratios (%)
Earning assets to total assets��������������������������
87.76
Loss allowance to:
	
Loans and leases��������������������������������������
2.11
	
Noncurrent loans and leases��������������������
58.52
Noncurrent assets plus
	
other real estate owned to assets�������������
2.20
Equity capital ratio��������������������������������������������
11.17
Core capital (leverage) ratio ����������������������������
9.15
Tier 1 risk-based capital ratio���������������������������
13.09
Total risk-based capital ratio����������������������������
15.11
Net loans and leases to deposits���������������������
69.64
Net loans to total assets ����������������������������������
52.13
Domestic deposits to total assets��������������������
65.37
Structural Changes
	
New reporters��������������������������������������������
	
Institutions absorbed by mergers�������������
	
Failed institutions��������������������������������������

0
208
51
 

Credit
Card
International Agricultural Commercial
Banks
Banks
Banks
Lenders
19
5
1,537
3,499
15
5
1,516
3,159
4
0
21
340
$600.7
$3,808.4
$239.8
$4,339.5
529.4
3,808.4
235.1
3,999.0
71.3
0.0
4.8
340.6
328.2
2,678.6
200.3
3,401.4
283.6
2,678.6
197.2
3,148.1
44.6
0.0
3.1
253.3
18,058
29,777
2,902
37,737
14,401
29,777
2,774
35,152
3,657
0
128
2,584

Mortgage Consumer
Lenders
Lenders
659
51
200
39
459
12
$628.3
$101.6
272.0
27.2
356.3
74.4
482.1
84.3
219.8
21.1
262.3
63.2
5,355
1,426
3,108
651
2,247
775

Other
Specialized
All Other
<$1 Billion
<$1 Billion
414
826
374
726
40
100
$64.9
$145.8
58.8
121.6
6.1
24.2
52.0
123.1
48.1
103.3
3.9
19.7
823
1,238
724
1,134
98
104

All Other
>$1 Billion
73
62
11
$4,521.8
4,339.7
182.1
3,467.4
3,314.2
153.1
43,872
42,488
1,384

10.59
0.89
9.70
4.31
5.91
2.40
3.13
4.86
3.13
20.97
3.80

3.15
0.53
2.62
1.76
2.81
0.24
0.72
1.05
0.80
8.85
1.41

4.45
0.71
3.74
0.69
2.56
0.15
1.22
1.48
1.27
11.18
0.24

4.28
0.59
3.69
1.24
3.02
0.37
0.85
1.19
0.89
7.46
0.74

3.89
0.81
3.09
1.06
2.33
0.40
0.81
1.27
0.87
7.80
0.82

4.99
0.92
4.07
2.44
3.19
0.89
1.46
2.27
1.47
14.94
1.31

3.30
0.59
2.72
4.51
4.99
0.11
1.24
1.89
1.23
8.67
0.45

4.31
0.73
3.58
0.92
2.97
0.24
0.80
1.07
0.86
7.51
0.44

3.35
0.37
2.98
2.08
2.83
0.35
0.97
1.51
1.00
8.35
0.94

78.20
43.23
0.00
68.42

50.58
69.10
0.00
80.00

105.15
61.33
3.25
66.36

75.02
65.84
14.29
74.51

79.69
58.80
13.35
53.26

95.65
49.42
7.84
68.63

89.15
71.25
10.63
51.69

97.88
70.34
9.44
60.17

72.69
59.40
5.48
73.97

91.91

85.57

91.46

89.12

93.20

96.65

91.54

91.80

86.43

4.08
293.16

2.98
78.07

1.51
118.63

1.76
69.13

1.41
36.99

1.84
157.06

1.95
80.18

1.58
76.09

1.82
33.21

1.11
14.67
13.12
14.18
16.40
139.98
76.48
52.11

1.39
8.93
7.16
12.20
14.82
46.93
33.01
40.82

1.11
11.14
10.25
14.56
15.69
71.22
59.48
83.52

2.21
11.93
10.05
12.91
14.59
83.81
65.69
77.75

2.70
11.09
10.10
20.44
21.59
77.46
59.44
76.61

0.88
9.57
9.36
12.82
13.93
83.22
69.05
82.95

1.04
14.28
12.90
29.42
30.50
34.40
27.59
79.46

1.67
11.47
10.83
18.77
19.92
63.23
53.36
84.40

3.06
11.84
9.13
12.59
14.72
65.88
50.52
72.20

0
0
0

0
1
0

0
29
1

0
135
42

0
15
6

0
0
0

0
3
0

0
6
2

0
19
0

PRIOR FULL YEARS
	
(The way it was...)
Number of institutions������������������������������2011
	
������������������������������������� 2009
	
������������������������������������� 2007

7,357
8,012
8,534

18
23
27

4
4
5

1,545
1,568
1,592

3,770
4,453
4,773

731
766
784

59
83
109

377
289
373

790
770
815

63
56
56

Total assets (in billions)����������������������������2011
	
������������������������������������� 2009
	
������������������������������������� 2007

$13,892.1
13,086.8
13,033.9

$538.7
501.6
479.2

$3,456.4
3,107.1
2,784.4

$215.7
182.0
157.5

$4,087.0
4,546.7
4,619.0

$825.3
810.1
1,328.1

$97.2
96.5
94.9

$56.1
38.0
37.8

$138.6
116.1
110.4

$4,477.2
3,688.7
3,422.7

Return on assets (%)��������������������������������2011
	
������������������������������������� 2009
	
������������������������������������� 2007

0.88
-0.08
0.81

3.49
-4.51
3.35

0.74
0.08
0.58

1.11
0.81
1.20

0.63
-0.43
0.83

0.56
0.65
0.03

1.68
0.33
1.26

1.92
0.74
2.56

0.92
0.80
1.03

0.89
0.53
0.88

Net charge-offs to loans & leases (%)�����2011
	
������������������������������������� 2009
	
������������������������������������� 2007

1.55
2.52
0.59

5.26
9.77
3.95

1.97
3.07
0.77

0.40
0.65
0.22

1.18
2.02
0.35

0.90
1.24
0.40

1.87
2.74
0.87

0.56
0.78
0.29

0.54
0.54
0.22

1.25
2.19
0.39

Noncurrent assets plus
	
OREO to assets (%)��������������������������2011
	
������������������������������������� 2009
	
������������������������������������� 2007

2.60
3.37
0.95

1.41
2.40
1.54

1.61
2.75
0.68

1.46
1.55
0.83

3.04
3.87
1.10

2.61
3.17
1.52

1.28
1.45
1.64

1.11
0.69
0.23

1.69
1.34
0.65

3.25
3.66
0.68

Equity capital ratio (%)�����������������������������2011
	
������������������������������������� 2009
	
������������������������������������� 2007

11.16
10.88
10.34

15.11
21.49
21.26

8.89
8.75
8.01

11.22
10.95
11.17

11.69
10.48
11.00

10.39
9.48
8.38

9.82
11.15
12.62

14.51
17.74
19.98

11.45
11.27
11.46

12.08
11.95
10.32

 

* See Table V-A (page 10) for explanations.
Note: Blue font identifies data that are also presented in the prior years data at bottom of table.

FDIC Quarterly	

8

2013, Volume 7, No. 2

Quarterly Banking Profile
TABLE IV-A.  Full Year 2012, All FDIC-Insured Institutions
Asset Size Distribution
FULL YEAR
All Insured
	
(The way it is...)
Institutions
Number of institutions reporting�����������������������������
7,083
	
Commercial banks�������������������������������������������
6,096
	
Savings institutions�����������������������������������������
987
Total assets (in billions)������������������������������������������
$14,450.8
	
Commercial banks�������������������������������������������
13,391.1
	
Savings institutions�����������������������������������������
1,059.7
Total deposits (in billions)���������������������������������������
10,817.4
	
Commercial banks�������������������������������������������
10,014.1
	
Savings institutions�����������������������������������������
803.2
Bank net income (in millions)���������������������������������
141,188
	
Commercial banks�������������������������������������������
130,210
	
Savings institutions�����������������������������������������
10,977
Performance Ratios (annualized, %)
Yield on earning assets������������������������������������������
Cost of funding earning assets������������������������������
	
Net interest margin������������������������������������������
Noninterest income to assets���������������������������������
Noninterest expense to assets�������������������������������
Loan and lease loss provision to assets����������������
Net operating income to assets�����������������������������
Pretax return on assets������������������������������������������
Return on assets�����������������������������������������������������
Return on equity�����������������������������������������������������
Net charge-offs to loans and leases����������������������
Loan and lease loss provision to
	
net charge-offs������������������������������������������������
Efficiency ratio��������������������������������������������������������
% of unprofitable institutions����������������������������������
% of institutions with earnings gains����������������������

Geographic Regions*

Less than
$100
$1 Billion
Greater
$100
Million to
to
than
Million
$1 Billion $10 Billion $10 Billion New York
2,204
4,217
555
107
873
1,953
3,608
446
89
473
251
609
109
18
400
$128.1
$1,275.1
$1,454.8 $11,592.7
$2,896.0
113.9
1,063.2
1,168.4
11,045.6
2,432.9
14.3
211.9
286.4
547.2
463.1
108.5
1,066.0
1,132.6
8,510.2
2,133.3
97.3
896.6
914.4
8,105.8
1,792.4
11.2
169.4
218.2
404.4
341.0
889
10,072
16,163
114,064
26,863
802
8,904
13,520
106,985
23,898
87
1,168
2,643
7,079
2,965

Atlanta
904
813
91
$3,056.1
2,965.3
90.8
2,327.2
2,260.0
67.3
23,200
22,704
496

Chicago
1,515
1,258
257
$3,298.5
3,181.9
116.6
2,356.6
2,268.1
88.5
29,009
27,962
1,048

Kansas
City
1,716
1,632
84
$3,068.7
3,009.8
58.9
2,331.7
2,285.1
46.6
33,075
32,612
463

San
Dallas
Francisco
1,490
585
1,388
532
102
53
$870.5
$1,260.9
770.1
1,031.1
100.4
229.8
721.4
947.1
638.7
769.9
82.7
177.2
8,469
20,570
7,463
15,572
1,007
4,999

3.96
0.54
3.42
1.77
3.00
0.41
0.96
1.42
1.00
8.91
1.10

4.43
0.71
3.72
1.07
3.49
0.22
0.62
0.83
0.69
5.77
0.43

4.48
0.76
3.72
1.12
3.20
0.36
0.75
1.04
0.80
7.40
0.64

4.50
0.68
3.81
1.40
3.07
0.39
1.09
1.46
1.14
9.67
0.73

3.82
0.49
3.33
1.90
2.96
0.43
0.97
1.46
1.01
9.01
1.23

4.32
0.60
3.72
1.54
2.94
0.48
0.93
1.43
0.96
7.77
1.27

3.71
0.46
3.25
1.77
3.10
0.47
0.70
1.08
0.77
6.36
1.19

3.23
0.47
2.76
1.94
2.98
0.21
0.84
1.21
0.90
10.06
0.85

4.35
0.60
3.75
1.70
2.95
0.53
1.07
1.53
1.10
9.97
1.37

4.18
0.52
3.66
1.34
3.11
0.26
0.99
1.33
1.02
9.28
0.55

4.52
0.61
3.91
2.31
2.93
0.47
1.68
2.57
1.72
12.68
0.84

70.42
61.65
10.84
67.70

93.00
77.99
14.56
59.30

90.54
70.22
9.58
70.78

84.31
62.43
7.39
76.04

67.63
60.48
1.87
75.70

71.54
59.38
9.85
62.31

71.49
66.85
21.46
72.79

53.08
67.92
11.35
67.19

71.40
57.81
6.99
68.36

78.82
66.00
7.52
65.97

91.76
49.17
14.36
71.62

87.76

90.79

91.71

90.76

86.92

88.36

86.22

86.85

86.98

90.97

92.19

2.11
58.52

1.76
79.30

1.75
71.89

1.81
61.17

2.20
56.93

2.02
81.57

2.09
40.77

2.22
59.17

2.42
59.94

1.69
68.35

1.69
87.90

2.20
11.17
9.15
13.09
15.11
69.64
52.13
65.37

2.10
12.02
11.37
18.77
19.89
65.12
55.17
84.71

2.37
10.91
10.33
15.56
16.75
73.29
61.27
83.54

2.46
11.77
10.41
15.20
16.45
79.83
62.15
77.45

2.15
11.11
8.83
12.51
14.72
67.89
49.84
61.65

1.46
12.18
9.80
14.19
15.82
69.89
51.49
65.12

3.23
12.03
9.03
12.98
15.23
71.92
54.76
73.07

2.00
9.10
7.63
11.33
13.84
62.75
44.83
59.02

2.45
10.86
8.92
12.33
14.46
69.74
52.99
56.36

2.06
10.70
9.67
14.25
15.68
71.13
58.95
82.55

1.38
13.23
12.11
16.24
17.55
79.27
59.54
74.00

Structural Changes
	
New reporters��������������������������������������������������
	
Institutions absorbed by mergers�������������������
	
Failed institutions��������������������������������������������

0
208
51

0
81
16

0
108
34

0
16
1

0
3
0

0
31
5

0
28
22

0
24
10

0
49
9

0
48
4

0
28
1

PRIOR FULL YEARS
	
(The way it was…)
Number of institutions������������������������������������ 2011
	
������������������������������������������� 2009
	
��������������������������������������������2007

7,357
8,012
8,534

2,415
2,848
3,440

4,284
4,492
4,424

551
565
551

107
107
119

915
986
1,043

957
1,121
1,221

1,552
1,647
1,763

1,773
1,879
1,986

1,542
1,660
1,742

618
719
779

Total assets (in billions)���������������������������������� 2011
	
������������������������������������������� 2009
	
��������������������������������������������2007

$13,892.1
13,086.8
13,033.9

$138.7
158.9
181.9

$1,279.9
1,354.4
1,308.8

$1,411.0
1,461.4
1,422.0

$11,062.5
10,112.1
10,121.2

$2,864.6
2,567.2
2,441.0

$2,942.8
3,427.3
3,329.6

$3,185.2
2,934.4
2,842.5

$2,918.2
1,145.6
976.3

$813.0
784.8
738.3

$1,168.4
2,227.5
2,706.3

Return on assets (%)�������������������������������������� 2011
	
������������������������������������������� 2009
	
��������������������������������������������2007

0.88
-0.08
0.81

0.52
-0.05
0.74

0.56
-0.10
0.97

0.79
-0.37
0.96

0.93
-0.03
0.77

1.01
-0.83
0.77

0.52
0.01
0.81

0.78
0.18
0.86

0.95
0.76
1.46

0.95
0.34
1.00

1.47
-0.25
0.52

Net charge-offs to loans & leases (%)����������� 2011
	
������������������������������������������� 2009
	
��������������������������������������������2007

1.55
2.52
0.59

0.62
0.88
0.24

0.90
1.25
0.25

1.18
1.91
0.42

1.72
2.87
0.68

1.86
2.76
0.90

1.66
2.29
0.33

1.19
2.36
0.47

1.85
2.40
0.78

0.89
1.35
0.30

1.15
3.44
0.77

Noncurrent assets plus
	
OREO to assets (%)�������������������������������� 2011
	
������������������������������������������� 2009
	
��������������������������������������������2007

2.60
3.37
0.95

2.34
2.24
0.96

3.01
3.29
1.07

3.12
3.58
1.09

2.50
3.36
0.92

1.77
2.33
0.81

3.83
4.16
0.81

2.31
3.20
0.94

2.76
4.28
1.37

2.60
3.04
1.00

1.97
3.19
1.12

Equity capital ratio (%)����������������������������������� 2011
	
������������������������������������������� 2009
	
��������������������������������������������2007

11.16
10.88
10.34

11.84
11.96
13.73

10.66
9.86
10.49

11.73
10.72
11.34

11.14
11.02
10.12

12.26
12.53
12.06

11.98
11.66
10.30

8.68
8.59
9.23

11.12
10.70
9.74

10.93
10.28
10.22

13.48
11.11
10.24

Condition Ratios (%)
Earning assets to total assets���������������������������������
Loss allowance to:
	
Loans and leases���������������������������������������������
	
Noncurrent loans and leases���������������������������
Noncurrent assets plus
	
other real estate owned to assets��������������������
Equity capital ratio���������������������������������������������������
Core capital (leverage) ratio �����������������������������������
Tier 1 risk-based capital ratio����������������������������������
Total risk-based capital ratio�����������������������������������
Net loans and leases to deposits����������������������������
Net loans to total assets �����������������������������������������
Domestic deposits to total assets���������������������������

* See Table V-A (page 11) for explanations.
Note: Blue font identifies data that are also presented in the prior years data at bottom of table.

FDIC Quarterly	

9

2013, Volume 7, No. 2

TABLE V-A.  Loan Performance, All FDIC-Insured Institutions
Asset Concentration Groups*
March 31, 2013

All Insured
Institutions

Credit
Card
Banks

International Agricultural Commercial Mortgage
Banks
Banks
Lenders
Lenders

Consumer
Lenders

Other
All Other All Other
Specialized
<$1
>$1
<$1 Billion
Billion
Billion

Percent of Loans 30-89 Days Past Due
All loans secured by real estate���������������������������������������
	
Construction and development���������������������������������
	
Nonfarm nonresidential���������������������������������������������
	
Multifamily residential real estate�����������������������������
	
Home equity loans����������������������������������������������������
	
Other 1-4 family residential���������������������������������������
Commercial and industrial loans�������������������������������������
Loans to individuals����������������������������������������������������������
	
Credit card loans�������������������������������������������������������
	
Other loans to individuals�����������������������������������������
All other loans and leases (including farm)���������������������
Total loans and leases������������������������������������������������������

1.36
1.04
0.68
0.51
0.83
2.09
0.32
1.35
1.27
1.44
0.31
1.04

0.48
0.00
0.00
0.00
1.29
0.48
1.05
1.21
1.20
1.44
0.36
1.20

1.85
1.52
0.56
0.38
1.15
2.84
0.28
1.49
1.45
1.57
0.41
1.13

0.88
1.09
0.81
0.42
0.60
1.50
1.07
1.53
1.33
1.54
0.66
0.89

0.96
1.01
0.68
0.44
0.65
1.54
0.35
1.26
1.29
1.26
0.27
0.80

1.16
1.36
0.49
0.47
0.81
1.28
0.65
1.09
1.49
1.05
0.07
1.10

0.77
0.57
0.92
0.40
0.56
0.93
1.34
0.94
0.59
1.12
0.48
0.90

1.41
1.28
1.05
0.51
1.05
1.88
1.43
1.56
1.64
1.55
0.37
1.36

1.48
1.32
1.18
0.46
0.89
1.78
1.15
1.86
0.88
1.90
0.77
1.44

1.81
1.00
0.67
0.97
0.83
2.61
0.22
1.52
1.40
1.55
0.20
1.25

Percent of Loans Noncurrent**
All real estate loans����������������������������������������������������������
	
Construction and development..................................
	
Nonfarm nonresidential���������������������������������������������
	
Multifamily residential real estate�����������������������������
	
Home equity loans����������������������������������������������������
	
Other 1-4 family residential���������������������������������������
Commercial and industrial loans�������������������������������������
Loans to individuals����������������������������������������������������������
	
Credit card loans�������������������������������������������������������
	
Other loans to individuals�����������������������������������������
All other loans and leases (including farm)���������������������
Total loans and leases������������������������������������������������������

5.71
7.38
2.67
1.35
2.87
8.89
0.80
1.13
1.39
0.86
0.35
3.41

1.74
0.00
8.18
0.00
0.00
1.50
1.29
1.39
1.39
1.32
0.16
1.37

8.25
2.74
1.72
0.68
4.22
13.78
0.75
1.34
1.39
1.26
0.33
3.59

1.65
5.20
2.47
1.78
1.08
1.42
1.51
0.61
0.29
0.63
0.41
1.31

3.34
7.52
2.63
1.47
1.64
4.25
0.96
0.75
1.39
0.69
0.50
2.42

3.79
6.88
2.51
1.24
2.32
4.09
1.74
0.75
1.15
0.71
0.19
3.54

2.48
3.18
2.52
2.65
2.89
2.13
1.70
0.85
1.12
0.72
0.03
1.28

2.86
7.78
3.14
1.87
1.16
1.99
1.58
0.65
1.09
0.62
0.83
2.33

2.40
6.18
2.90
2.60
0.88
2.01
1.91
0.86
0.70
0.87
0.64
2.11

9.03
7.91
2.94
1.61
3.33
13.34
0.53
0.97
1.50
0.83
0.27
5.05

Percent of Loans Charged-Off (net, YTD)
All real estate loans����������������������������������������������������������
	
Construction and development���������������������������������
	
Nonfarm nonresidential���������������������������������������������
	
Multifamily residential real estate�����������������������������
	
Home equity loans����������������������������������������������������
	
Other 1-4 family residential���������������������������������������
Commercial and industrial loans�������������������������������������
Loans to individuals����������������������������������������������������������
	
Credit card loans�������������������������������������������������������
	
Other loans to individuals�����������������������������������������
All other loans and leases (including farm)���������������������
Total loans and leases������������������������������������������������������

0.66
0.87
0.37
0.13
1.43
0.67
0.36
2.34
3.71
0.88
0.12
0.83

0.02
0.00
0.00
0.00
0.00
0.02
3.42
3.53
3.57
2.51
0.00
3.49

1.14
1.25
0.14
0.02
1.40
1.60
0.30
3.25
4.36
1.35
0.20
1.17

0.10
0.31
0.16
0.05
0.33
0.11
0.15
0.27
0.88
0.21
0.00
0.10

0.55
0.95
0.44
0.19
0.98
0.55
0.39
0.82
3.71
0.55
0.19
0.51

0.41
0.32
0.38
0.20
1.38
0.36
0.37
1.44
6.20
0.93
0.15
0.42

1.18
3.40
0.15
0.55
1.76
0.78
0.93
1.18
2.35
0.59
0.09
1.18

0.36
1.56
0.44
0.14
0.02
0.19
0.18
0.47
1.93
0.38
0.34
0.35

0.24
0.71
0.20
0.04
0.57
0.22
0.35
0.64
1.79
0.58
0.00
0.29

0.73
0.68
0.25
0.06
1.80
0.59
0.18
1.41
3.42
0.89
0.00
0.63

Loans Outstanding (in billions)
All real estate loans����������������������������������������������������������
	
Construction and development���������������������������������
	
Nonfarm nonresidential���������������������������������������������
	
Multifamily residential real estate�����������������������������
	
Home equity loans����������������������������������������������������
	
Other 1-4 family residential���������������������������������������
Commercial and industrial loans�������������������������������������
Loans to individuals����������������������������������������������������������
	
Credit card loans�������������������������������������������������������
	
Other loans to individuals�����������������������������������������
All other loans and leases (including farm)���������������������
Total loans and leases (plus unearned income)��������������

$4,058.7
201.6
1,072.3
236.8
538.4
1,877.3
1,533.1
1,291.6
660.2
631.4
777.4
7,660.9

$0.1
0.0
0.0
0.0
0.0
0.1
34.6
413.9
397.3
16.6
3.1
451.8

$483.8
5.8
35.5
42.7
99.3
245.9
277.5
247.3
154.8
92.4
281.9
1,290.4

$81.4
3.8
22.5
2.1
1.5
20.9
17.2
5.9
0.5
5.5
30.4
134.9

$1,792.8
135.6
725.3
140.6
178.8
581.4
654.2
203.4
16.7
186.7
177.8
2,828.2

$321.9
6.1
29.4
11.2
18.6
255.3
9.6
7.0
0.7
6.3
13.1
351.6

$18.6
0.4
1.4
0.2
7.3
9.2
0.6
52.2
17.1
35.2
0.1
71.6

$13.9
1.0
4.8
0.3
0.5
6.4
2.4
2.2
0.1
2.1
1.3
19.8

$61.4 $1,284.6
3.3
45.5
15.6
237.8
1.6
38.0
2.4
229.9
34.1
724.1
7.3
529.8
6.8
352.8
0.3
72.8
6.6
280.0
5.1
264.6
80.7 2,431.9

Memo: Other Real Estate Owned (in millions)
All other real estate owned�����������������������������������������������
	
Construction and development���������������������������������
	
Nonfarm nonresidential���������������������������������������������
	
Multifamily residential real estate�����������������������������
	
1-4 family residential�������������������������������������������������
	Farmland��������������������������������������������������������������������
	
GNMA properties������������������������������������������������������

35,883.5
11,080.4
8,743.6
989.1
7,891.8
390.2
6,724.2

0.1
0.0
0.0
0.0
0.1
0.0
0.0

2,649.9
59.9
14.3
5.3
767.4
0.0
1,742.0

695.7
249.3
257.6
15.2
124.6
48.7
0.4

20,478.2
8,742.7
6,363.2
674.2
3,695.5
289.9
711.5

2,020.4
399.9
295.8
37.7
723.7
3.2
560.1

56.2
10.8
24.4
0.7
17.4
2.9
0.0

256.8
98.5
101.9
5.1
47.1
4.1
0.0

756.8
231.9
248.7
12.6
243.8
18.3
1.5

8,969.4
1,287.5
1,437.7
238.3
2,272.2
22.9
3,708.6

*Asset Concentration Group Definitions (Groups are hierarchical and mutually exclusive):
Credit-card Lenders - Institutions whose credit-card loans plus securitized receivables exceed 50 percent of total assets plus securitized receivables.
International Banks - Banks with assets greater than $10 billion and more than 25 percent of total assets in foreign offices.
Agricultural Banks - Banks whose agricultural production loans plus real estate loans secured by farmland exceed 25 percent of the total loans and leases.
Commercial Lenders - Institutions whose commercial and industrial loans, plus real estate construction and development loans, plus loans secured by commercial real estate properties
exceed 25 percent of total assets.
Mortgage Lenders - Institutions whose residential mortgage loans, plus mortgage-backed securities, exceed 50 percent of total assets.
Consumer Lenders - Institutions whose residential mortgage loans, plus credit-card loans, plus other loans to individuals, exceed 50 percent of total assets.
Other Specialized < $1 Billion - Institutions with assets less than $1 billion, whose loans and leases are less than 40 percent of total assets.
All Other < $1 Billion - Institutions with assets less than $1 billion that do not meet any of the definitions above; they have significant lending activity with no identified asset concentrations.
All Other > $1 Billion - Institutions with assets greater than $1 billion that do not meet any of the definitions above; they have significant lending activity with no identified asset concentrations.
** Noncurrent loan rates represent the percentage of loans in each category that are past due 90 days or more or that are in nonaccrual status.

FDIC Quarterly	

10

2013, Volume 7, No. 2

Quarterly Banking Profile
TABLE V-A.  Loan Performance, All FDIC-Insured Institutions
Asset Size Distribution
March 31, 2013

Geographic Regions*

Less than
$100
$1 Billion Greater
All Insured
$100
Million to
to
than
Institutions
Million
$1 Billion $10 Billion $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������������������������������
	
Construction and development������������������������
	
Nonfarm nonresidential������������������������������������
	
Multifamily residential real estate��������������������
	
Home equity loans�������������������������������������������
	
Other 1-4 family residential������������������������������
Commercial and industrial loans����������������������������
Loans to individuals�������������������������������������������������
	
Credit card loans����������������������������������������������
	
Other loans to individuals��������������������������������
All other loans and leases (including farm)������������
Total loans and leases���������������������������������������������

1.36
1.04
0.68
0.51
0.83
2.09
0.32
1.35
1.27
1.44
0.31
1.04

1.49
1.38
1.24
0.65
1.05
1.98
1.44
1.92
1.32
1.92
0.78
1.43

1.06
1.13
0.90
0.66
0.74
1.40
0.85
1.53
1.45
1.54
0.60
1.03

0.85
1.04
0.63
0.48
0.63
1.23
0.46
1.41
1.61
1.33
0.26
0.81

1.54
0.99
0.59
0.49
0.85
2.33
0.26
1.34
1.26
1.44
0.29
1.08

1.10
1.43
0.74
0.33
0.58
1.63
0.44
1.21
1.12
1.46
0.13
0.95

1.49
0.95
0.67
0.82
1.00
2.12
0.25
1.93
1.81
1.99
0.16
1.16

1.28
0.98
0.75
0.54
0.94
1.89
0.35
1.24
1.10
1.29
0.66
0.99

1.84
0.99
0.57
0.89
0.79
2.98
0.28
1.50
1.47
1.55
0.18
1.25

1.18
0.89
0.73
0.54
0.57
1.86
0.44
0.93
0.56
1.12
0.35
0.96

0.86
1.00
0.57
0.34
0.47
1.27
0.31
0.88
1.05
0.72
0.40
0.72

Percent of Loans Noncurrent**
All real estate loans�������������������������������������������������
	
Construction and development������������������������
	
Nonfarm nonresidential������������������������������������
	
Multifamily residential real estate��������������������
	
Home equity loans�������������������������������������������
	
Other 1-4 family residential������������������������������
Commercial and industrial loans����������������������������
Loans to individuals�������������������������������������������������
	
Credit card loans����������������������������������������������
	
Other loans to individuals��������������������������������
All other loans and leases (including farm)������������
Total loans and leases���������������������������������������������

5.71
7.38
2.67
1.35
2.87
8.89
0.80
1.13
1.39
0.86
0.35
3.41

2.64
5.88
3.43
3.42
1.36
2.30
2.19
0.88
0.75
0.88
0.55
2.25

2.66
7.15
2.65
2.06
1.25
2.17
1.81
0.92
1.21
0.90
0.61
2.37

3.13
7.55
2.74
1.52
1.44
3.40
1.44
0.95
1.57
0.71
0.58
2.56

7.04
7.44
2.62
1.13
3.12
10.87
0.63
1.15
1.39
0.87
0.32
3.69

3.61
9.28
2.70
0.90
1.89
4.70
1.06
1.19
1.27
0.96
0.18
2.35

8.09
8.81
2.82
2.18
3.38
12.18
0.65
1.00
1.76
0.57
0.18
4.76

6.17
7.14
2.96
1.55
3.27
10.09
0.79
1.05
1.41
0.93
0.26
3.57

6.85
6.33
2.69
1.39
3.11
10.95
0.78
1.44
1.43
1.44
0.58
3.89

3.31
4.66
2.49
2.49
1.86
4.17
0.99
0.69
1.08
0.49
0.58
2.43

2.82
7.28
2.10
0.88
1.22
3.67
0.72
0.90
1.40
0.44
0.61
1.80

Percent of Loans Charged-Off (net, YTD)
All real estate loans�������������������������������������������������
	
Construction and development������������������������
	
Nonfarm nonresidential������������������������������������
	
Multifamily residential real estate��������������������
	
Home equity loans�������������������������������������������
	
Other 1-4 family residential������������������������������
Commercial and industrial loans����������������������������
Loans to individuals�������������������������������������������������
	
Credit card loans����������������������������������������������
	
Other loans to individuals��������������������������������
All other loans and leases (including farm)������������
Total loans and leases���������������������������������������������

0.66
0.87
0.37
0.13
1.43
0.67
0.36
2.34
3.71
0.88
0.12
0.83

0.23
0.65
0.25
0.19
0.32
0.24
0.32
0.38
2.18
0.36
0.00
0.24

0.29
0.73
0.27
0.16
0.37
0.27
0.46
0.76
3.90
0.56
0.16
0.33

0.35
0.63
0.29
0.24
0.61
0.34
0.36
1.43
3.61
0.57
0.14
0.43

0.82
1.06
0.47
0.09
1.57
0.78
0.36
2.45
3.71
0.93
0.12
0.97

0.61
1.23
0.63
0.03
1.00
0.51
0.67
2.87
3.48
1.13
0.07
1.13

0.83
1.93
0.48
0.10
2.01
0.58
0.33
2.12
4.15
0.90
0.06
0.83

0.62
0.63
0.36
0.22
1.17
0.64
0.26
1.29
3.44
0.61
0.08
0.55

0.87
0.13
0.15
0.27
1.66
1.17
0.25
3.12
4.44
1.36
0.22
1.05

0.29
0.31
0.24
0.38
1.03
0.25
0.27
1.12
2.19
0.55
0.21
0.36

0.26
-0.05
0.15
0.06
0.42
0.39
0.51
1.71
3.06
0.43
0.15
0.65

Loans Outstanding (in billions)
All real estate loans�������������������������������������������������
	
Construction and development������������������������
	
Nonfarm nonresidential������������������������������������
	
Multifamily residential real estate��������������������
	
Home equity loans�������������������������������������������
	
Other 1-4 family residential������������������������������
Commercial and industrial loans����������������������������
Loans to individuals�������������������������������������������������
	
Credit card loans����������������������������������������������
	
Other loans to individuals��������������������������������
All other loans and leases (including farm)������������
Total loans and leases (plus unearned income)�����

$4,058.7
201.6
1,072.3
236.8
538.4
1,877.3
1,533.1
1,291.6
660.2
631.4
777.4
7,660.9

$48.6
2.8
14.0
1.5
1.3
21.5
8.6
4.4
0.0
4.4
7.3
68.9

$609.6
49.3
245.2
31.1
29.2
217.0
102.4
34.1
2.1
32.1
39.3
785.5

$643.2
48.8
264.7
51.6
44.8
218.5
147.5
70.2
19.4
50.9
42.6
903.5

$2,757.2
100.8
548.3
152.6
463.1
1,420.3
1,274.7
1,182.8
638.7
544.1
688.2
5,902.9

$794.9
37.0
244.8
77.7
91.4
340.3
224.8
367.5
270.8
96.7
131.0
1,518.2

$942.6
49.2
221.7
28.9
143.3
490.7
374.3
233.0
85.0
148.0
156.7
1,706.6

$785.1
31.5
184.9
66.7
137.8
346.7
323.2
185.9
44.1
141.7
206.8
1,500.9

$825.3
31.2
161.9
22.8
118.2
410.4
332.9
281.4
159.9
121.5
217.6
1,657.2

$334.1
36.8
125.2
10.1
19.2
130.1
105.6
48.2
16.5
31.7
31.0
518.9

$376.6
15.9
133.7
30.6
28.4
159.1
172.3
175.7
84.0
91.8
34.4
759.0

Memo: Other Real Estate Owned (in millions)
All other real estate owned��������������������������������������
	
Construction and development������������������������
	
Nonfarm nonresidential������������������������������������
	
Multifamily residential real estate��������������������
	
1-4 family residential����������������������������������������
	Farmland�����������������������������������������������������������
	
GNMA properties���������������������������������������������

35,883.5
11,080.4
8,743.6
989.1
7,891.8
390.2
6,724.2

1,005.4
320.8
354.4
48.3
258.9
22.7
0.4

10,384.4
4,662.7
3,403.0
287.7
1,846.7
181.2
3.0

7,542.7
3,393.4
2,306.1
220.2
1,448.5
142.1
32.4

16,951.0
2,703.6
2,680.1
432.9
4,337.7
44.1
6,688.4

4,116.5
952.4
1,109.9
159.6
1,440.4
18.7
434.2

9,873.1
3,178.0
1,857.2
198.2
2,033.2
88.6
2,517.8

8,367.4
1,638.1
1,843.6
200.3
1,968.5
77.1
2,639.8

6,394.7
2,070.4
1,714.0
209.9
1,211.8
62.2
1,063.4

4,717.5
2,172.4
1,477.1
126.0
779.1
108.4
54.5

2,414.3
1,069.1
741.8
95.0
458.7
35.1
14.5

* Regions:
New York - Connecticut, Delaware, District of Columbia, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Puerto Rico, Rhode Island, Vermont,
U.S. Virgin Islands
Atlanta - Alabama, Florida, Georgia, North Carolina, South Carolina, Virginia, West Virginia
Chicago - Illinois, Indiana, Kentucky, Michigan, Ohio, Wisconsin
Kansas City - Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota
Dallas - Arkansas, Colorado, Louisiana, Mississippi, New Mexico, Oklahoma, Tennessee, Texas
San Francisco - Alaska, Arizona, California, Hawaii, Idaho, Montana, Nevada, Oregon, Pacific Islands, Utah, Washington, Wyoming
** 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

2013, Volume 7, No. 2

Table VI-A. Derivatives, All FDIC-Insured Call Report Filers
Asset Size Distribution
1st
Quarter
2013

4th
Quarter
2012

3rd
Quarter
2012

2nd
Quarter
2012

1st
Quarter
2012

(dollar figures in millions;
notional amounts unless otherwise indicated)
ALL DERIVATIVE HOLDERS
Number of institutions reporting derivatives�����������������
1,396
1,363
1,365
1,326
1,292
Total assets of institutions reporting derivatives���������� $12,687,655 $12,662,780 $12,420,450 $12,211,087 $12,090,477
Total deposits of institutions reporting derivatives�������
9,426,599
9,383,405
9,074,359
8,883,485
8,806,687
Total derivatives������������������������������������������������������������� 232,653,745 224,080,331 229,350,905 225,037,786 230,665,007

% Change
Less
$100
$1 Billion
12Q1than $100 Million to
to $10
Greater than
13Q1
Million
$1 Billion
Billion
$10 Billion
8.0
4.9
7.0
0.9

83
$5,982
5,014
243

864
352
97
$349,779 $1,018,547 $11,313,347
289,766
812,074
8,319,745
25,759
89,099 232,538,644

Derivative Contracts by Underlying Risk Exposure
Interest rate�������������������������������������������������������������������� 184,950,405 178,936,077 181,462,870 178,823,511 183,994,462
Foreign exchange*�������������������������������������������������������� 30,329,524 28,599,277 30,099,276 29,090,375 29,212,378
Equity�����������������������������������������������������������������������������
2,022,785
1,952,110
2,208,326
2,006,866
1,925,405
Commodity & other (excluding credit derivatives)��������
1,449,766
1,402,392
1,582,317
1,492,694
1,481,688
Credit������������������������������������������������������������������������������ 13,901,264
13,190,476
13,998,117 13,624,340 14,051,075
Total�������������������������������������������������������������������������������� 232,653,745 224,080,331 229,350,905 225,037,786 230,665,007

0.5
3.8
5.1
-2.2
-1.1
0.9

238
0
0
1
4
243

22,742
2,738
66
17
196
25,759

81,579 184,845,847
5,713
30,321,073
653
2,022,065
970
1,448,778
183
13,900,882
89,099 232,538,644

Derivative Contracts by Transaction Type
Swaps���������������������������������������������������������������������������� 138,360,520 134,927,108 135,584,504 134,469,552 138,658,399
Futures & forwards�������������������������������������������������������� 45,599,040 43,442,591 44,034,379 40,616,309 40,646,938
Purchased options��������������������������������������������������������� 16,623,585 15,629,039 16,596,957
16,911,267 17,546,001
Written options���������������������������������������������������������������
17,136,418 15,964,276 16,819,059 16,722,575 17,238,798
Total�������������������������������������������������������������������������������� 217,719,562 209,963,014 213,034,899 208,719,703 214,090,136

-0.2
12.2
-5.3
-0.6
1.7

30
102
14
94
239

6,359
10,897
684
7,432
25,371

46,642
21,903
4,554
15,536
88,636

138,307,489
45,566,138
16,618,333
17,113,356
217,605,316

Fair Value of Derivative Contracts
Interest rate contracts���������������������������������������������������
Foreign exchange contracts������������������������������������������
Equity contracts�������������������������������������������������������������
Commodity & other (excluding credit derivatives)��������
Credit derivatives as guarantor�������������������������������������
Credit derivatives as beneficiary�����������������������������������

67,451
-6,644
-2,588
-2,530
-20,833
25,372

96,553
-5,822
-2,029
-2,467
-40,693
42,352

98,516
-13,618
-264
-2,590
-84,508
87,900

92,904
-3,883
3,453
-1,538
-179,196
185,191

93,633
-3,875
-281
-1,997
-127,599
131,291

-28.0
N/M
N/M
N/M
N/M
-80.7

0
0
0
0
0
0

68
0
1
1
0
-1

82
-15
6
9
2
-3

67,301
-6,629
-2,594
-2,541
-20,834
25,376

Derivative Contracts by Maturity**
	
Interest rate contracts����������������������������� < 1 year
		
������������������������������������������ 1-5 years
		
������������������������������������������ > 5 years
	
Foreign exchange contracts������������������� < 1 year
		
������������������������������������������ 1-5 years
		
������������������������������������������ > 5 years
	
Equity contracts��������������������������������������� < 1 year
		
������������������������������������������ 1-5 years
		
������������������������������������������ > 5 years
	
Commodity & other contracts����������������� < 1 year
		
������������������������������������������ 1-5 years
		
������������������������������������������ > 5 years

86,868,652
29,343,680
20,312,943
18,647,078
2,738,341
1,389,930
648,510
255,625
74,515
480,077
179,413
21,538

83,071,638
30,498,422
21,448,452
18,347,400
2,868,426
1,442,901
627,310
262,230
81,851
391,393
242,068
28,823

84,190,393
30,961,937
21,990,698
18,781,964
2,894,870
1,453,914
638,274
290,474
85,427
460,565
247,795
25,053

82,514,198
30,337,278
21,795,561
18,604,099
2,926,354
1,422,938
597,782
262,864
81,390
442,919
205,411
24,628

85,888,701
31,691,232
22,691,140
18,849,154
3,017,933
1,349,611
539,407
241,998
88,815
481,822
203,940
20,361

1.1
-7.4
-10.5
-1.1
-9.3
3.0
20.2
5.6
-16.1
-0.4
-12.0
5.8

59
20
45
0
0
0
0
0
0
0
0
0

7,928
3,004
3,258
2,470
0
0
6
13
0
9
0
0

22,618
24,160
17,158
3,568
171
519
133
125
14
491
40
0

86,838,046
29,316,496
20,292,482
18,641,039
2,738,170
1,389,411
648,371
255,487
74,501
479,578
179,373
21,538

32.6
62.2

35.9
62.8

37.2
66.4

38.9
66.1

36.3
71.9

0.1
0.1

0.7
0.3

1.0
0.4

37.1
70.9

Risk-Based Capital: Credit Equivalent Amount
Total current exposure to tier 1 capital (%)�������������������
Total potential future exposure to tier 1 capital (%)������
Total exposure (credit equivalent amount)
	
to tier 1 capital (%)��������������������������������������������������

94.8

98.7

103.6

105.1

108.2

0.2

0.9

1.4

108.0

Credit losses on derivatives***����������������������������������

84.3

230.2

156.9

130.8

76.3

10.5

0.0

0.2

0.1

84.0

HELD FOR TRADING
Number of institutions reporting derivatives�����������������
Total assets of institutions reporting derivatives����������
Total deposits of institutions reporting derivatives�������

243
10,143,115
7,542,048

248
10,122,847
7,513,723

248
9,955,532
7,270,087

234
9,802,664
7,116,754

225
9,708,759
7,082,526

8.0
4.5
6.5

13
957
791

93
40,666
33,630

76
272,021
215,882

61
9,829,471
7,291,745

Derivative Contracts by Underlying Risk Exposure
Interest rate�������������������������������������������������������������������� 181,115,795 175,185,514 177,552,762 174,789,131 179,990,552
Foreign exchange���������������������������������������������������������� 28,426,103 26,891,282 26,859,757
25,617,989 25,880,306
Equity�����������������������������������������������������������������������������
2,009,590
1,939,747
2,194,841
1,992,999
1,911,795
Commodity & other��������������������������������������������������������
1,433,289
1,386,727
1,559,924
1,475,527
1,462,081
Total�������������������������������������������������������������������������������� 212,984,778 205,403,271 208,167,284 203,875,646 209,244,734

0.6
9.8
5.1
-2.0
1.8

56
0
0
1
57

2,741
0
0
0
2,742

17,462
3,003
147
162
20,773

181,095,535
28,423,101
2,009,443
1,433,127
212,961,206

-60.6
112.1
223.0
N/M
17.7

0
0
0
0
0

1
0
0
0
1

34
0
1
0
34

2,181
3,190
829
1,252
7,453

0.0
0.0

0.2
1.1

1.0
6.6

6.3
29.6

Trading Revenues: Cash & Derivative Instruments
Interest rate��������������������������������������������������������������������
Foreign exchange����������������������������������������������������������
Equity�����������������������������������������������������������������������������
Commodity & other (including credit derivatives)��������
Total trading revenues���������������������������������������������������

2,216
3,190
830
1,252
7,488

4,155
759
136
-683
4,367

4,458
1,020
507
-892
5,093

2,873
2,001
1,140
-3,853
2,161

5,631
1,504
257
-1,032
6,360

Share of Revenue
Trading revenues to gross revenues (%)����������������������
Trading revenues to net operating revenues (%)����������

6.2
29.0

3.7
19.9

4.3
22.4

1.9
11.3

5.3
32.0

HELD FOR PURPOSES OTHER THAN TRADING
Number of institutions reporting derivatives�����������������
Total assets of institutions reporting derivatives����������
Total deposits of institutions reporting derivatives�������

1,257
12,349,560
9,163,417

1,218
12,317,646
9,110,823

1,213
11,985,744
8,728,209

1,185
11,791,595
8,548,220

1,157
11,759,200
8,550,282

8.6
5.0
7.2

71
5,061
4,251

783
314,984
260,899

313
915,043
728,265

90
11,114,473
8,170,002

Derivative Contracts by Underlying Risk
Exposure
Interest rate��������������������������������������������������������������������
Foreign exchange����������������������������������������������������������
Equity�����������������������������������������������������������������������������
Commodity & other��������������������������������������������������������
Total notional amount����������������������������������������������������

3,834,610
870,503
13,195
16,477
4,734,784

3,750,562
781,154
12,363
15,664
4,559,743

3,910,107
921,630
13,485
22,393
4,867,615

4,034,380
778,644
13,866
17,167
4,844,057

4,003,910
808,276
13,610
19,606
4,845,402

-4.2
7.7
-3.0
-16.0
-2.3

182
0
0
0
182

20,000
2,547
66
17
22,630

64,117
2,431
506
808
67,862

3,750,312
865,525
12,622
15,651
4,644,110

All line items are reported on a quarterly basis.
N/M - Not Meaningful
* 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 contracts.
** Derivative contracts subject to the risk-based capital requirements for derivatives.
*** The reporting of credit losses on derivatives is applicable to all banks filing the FFIEC 031 report form and to those banks filing the FFIEC 041 report form that have $300 million or more
in total assets.

FDIC Quarterly	

12

2013, Volume 7, No. 2

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

(dollar figures in millions)
Assets Securitized and Sold with Servicing Retained or with
Recourse or Other Seller-Provided Credit Enhancements

1st
Quarter
2013

4th
Quarter
2012

3rd
Quarter
2012

2nd
Quarter
2012

1st
Quarter
2012

% Change Less than
$100
$1 Billion Greater
12Q1$100
Million to
to $10
than $10
13Q1
Million $1 Billion Billion
Billion

Number of institutions reporting securitization activities�����������������������������������������
Outstanding Principal Balance by Asset Type
	
1-4 family residential loans��������������������������������������������������������������������������������
	
Home equity loans���������������������������������������������������������������������������������������������
	
Credit card receivables�������������������������������������������������������������������������������������
	
Auto loans����������������������������������������������������������������������������������������������������������
	
Other consumer loans���������������������������������������������������������������������������������������
	
Commercial and industrial loans�����������������������������������������������������������������������
	
All other loans, leases, and other assets����������������������������������������������������������
Total securitized and sold������������������������������������������������������������������������������������������

102

162

170

171

174

-41.4

6

42

20

34

$636,223
47
18,832
4,505
5,155
4,025
142,785
811,571

$641,250
49
18,942
4,684
5,083
1,839
199,968
871,814

$754,731
51
18,423
4,311
5,226
3,373
204,902
991,018

$750,582
52
17,227
4,520
5,203
1,713
209,647
988,944

$741,851
54
18,691
2,822
5,128
861
205,037
974,443

-14.2
-13.0
0.8
59.6
0.5
367.5
-30.4
-16.7

$15
0
0
0
0
0
0
15

$2,957
1
320
0
3
11
3,115
6,408

$8,577
0
0
0
0
1
5,322
13,900

$624,673
46
18,512
4,505
5,151
4,013
134,348
791,248

Maximum Credit Exposure by Asset Type
	
1-4 family residential loans��������������������������������������������������������������������������������
	
Home equity loans���������������������������������������������������������������������������������������������
	
Credit card receivables�������������������������������������������������������������������������������������
	
Auto loans����������������������������������������������������������������������������������������������������������
	
Other consumer loans���������������������������������������������������������������������������������������
	
Commercial and industrial loans�����������������������������������������������������������������������
	
All other loans, leases, and other assets����������������������������������������������������������
Total credit exposure�������������������������������������������������������������������������������������������������
Total unused liquidity commitments provided to institution's own securitizations���

3,254
0
588
0
185
41
2,438
6,507
121

3,374
0
605
0
200
7
2,280
6,466
130

3,581
0
666
0
206
14
2,317
6,785
125

3,696
0
611
1
209
3
2,277
6,798
127

3,802
0
617
1
205
2
2,454
7,082
121

-14.4
0.0
-4.7
-100.0
-9.8
1,950.0
-0.7
-8.1
0.0

0
0
0
0
0
0
0
0
0

58
0
109
0
0
0
3
171
0

41
0
0
0
0
0
0
41
0

3,155
0
478
0
185
41
2,435
6,294
121

4.0
11.5
0.7
0.3
4.9
0.0
1.2
3.4

4.5
12.5
0.8
0.4
6.2
0.0
0.9
3.6

4.1
12.2
0.8
0.4
5.5
0.0
1.1
3.4

3.7
13.3
0.8
0.4
4.6
0.2
1.3
3.2

3.4
11.7
0.9
0.3
5.1
0.0
0.9
2.8

0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0

1.1
0.0
1.5
0.0
0.0
1.1
0.6
0.9

1.9
0.0
0.0
0.0
0.0
0.0
0.2
1.3

4.0
11.7
0.7
0.3
4.9
0.0
1.2
3.4

4.7
31.7
0.3
0.0
6.9
0.0
8.7
5.2

5.0
29.6
0.3
0.0
6.9
0.1
7.8
5.5

4.8
29.1
0.3
0.0
5.6
0.0
8.0
5.3

5.5
26.2
0.3
0.0
5.0
0.1
6.9
5.6

5.6
25.8
0.4
0.0
5.5
0.3
7.1
5.8

0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0

1.3
0.0
2.0
0.0
0.0
5.2
0.8
1.1

2.7
0.0
0.0
0.0
0.0
88.9
1.3
2.2

4.7
32.3
0.3
0.0
6.9
0.0
9.1
5.3

0.3
0.3
0.6
0.1
0.2
0.0
0.1
0.3

1.5
1.6
2.5
0.1
1.0
0.0
0.5
1.3

1.0
1.3
2.0
0.1
0.7
0.0
0.3
0.9

0.7
1.2
1.5
0.1
0.5
0.0
0.2
0.6

0.3
0.6
4.9
0.0
0.2
0.0
0.1
0.4

0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.1
0.0
1.3
0.0
0.0
0.0
0.0
0.1

0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0

0.3
0.3
0.6
0.1
0.2
0.0
0.1
0.3

0
11,868
0

0
14,514
0

0
13,291
0

0
14,964
3

0
13,100
3

0.0
-9.4
-100.0

0
0
0

0
293
0

0
0
0

0
11,575
0

0
0
0

0
0
0

0
0
0

0
0
0

0
0
0

0.0
0.0
0.0

0
0
0

0
0
0

0
0
0

0
0
0

Securitized Loans, Leases, and Other Assets 30-89 Days Past Due (%)
	
1-4 family residential loans��������������������������������������������������������������������������������
	
Home equity loans���������������������������������������������������������������������������������������������
	
Credit card receivables�������������������������������������������������������������������������������������
	
Auto loans����������������������������������������������������������������������������������������������������������
	
Other consumer loans���������������������������������������������������������������������������������������
	
Commercial and industrial loans�����������������������������������������������������������������������
	
All other loans, leases, and other assets����������������������������������������������������������
Total loans, leases, and other assets�����������������������������������������������������������������������
Securitized Loans, Leases, and Other Assets 90 Days or More Past Due (%)
	
1-4 family residential loans��������������������������������������������������������������������������������
	
Home equity loans���������������������������������������������������������������������������������������������
	
Credit card receivables�������������������������������������������������������������������������������������
	
Auto loans����������������������������������������������������������������������������������������������������������
	
Other consumer loans���������������������������������������������������������������������������������������
	
Commercial and industrial loans�����������������������������������������������������������������������
	
All other loans, leases, and other assets����������������������������������������������������������
Total loans, leases, and other assets�����������������������������������������������������������������������
Securitized Loans, Leases, and Other Assets Charged-off
(net, YTD, annualized, %)
	
1-4 family residential loans��������������������������������������������������������������������������������
	
Home equity loans���������������������������������������������������������������������������������������������
	
Credit card receivables�������������������������������������������������������������������������������������
	
Auto loans����������������������������������������������������������������������������������������������������������
	
Other consumer loans���������������������������������������������������������������������������������������
	
Commercial and industrial loans�����������������������������������������������������������������������
	
All other loans, leases, and other assets����������������������������������������������������������
Total loans, leases, and other assets�����������������������������������������������������������������������
Seller's Interests in Institution's Own Securitizations - Carried as Loans
	
Home equity loans���������������������������������������������������������������������������������������������
	
Credit card receivables�������������������������������������������������������������������������������������
	
Commercial and industrial loans�����������������������������������������������������������������������
Seller's Interests in Institution's Own Securitizations - Carried as Securities
	
Home equity loans���������������������������������������������������������������������������������������������
	
Credit card receivables�������������������������������������������������������������������������������������
	
Commercial and industrial loans�����������������������������������������������������������������������

Assets Sold with Recourse and Not Securitized

Number of institutions reporting asset sales������������������������������������������������������������
Outstanding Principal Balance by Asset Type
	
1-4 family residential loans��������������������������������������������������������������������������������
	
Home equity, credit card receivables, auto, and other consumer loans���������
	
Commercial and industrial loans�����������������������������������������������������������������������
	
All other loans, leases, and other assets����������������������������������������������������������
Total sold and not securitized�����������������������������������������������������������������������������������

1,053

1,019

1,003

999

980

7.4

164

679

162

48

51,631
852
74
64,766
117,324

52,245
857
76
64,999
118,178

55,367
863
46
63,170
119,446

57,636
883
70
62,899
121,488

56,042
895
58
63,221
120,216

-7.9
-4.8
27.6
2.4
-2.4

1,550
0
1
3
1,554

14,566
14
28
37
14,646

9,791
19
37
420
10,267

25,725
818
8
64,307
90,858

Maximum Credit Exposure by Asset Type
	
1-4 family residential loans��������������������������������������������������������������������������������
	
Home equity, credit card receivables, auto, and other consumer loans���������
	
Commercial and industrial loans�����������������������������������������������������������������������
	
All other loans, leases, and other assets����������������������������������������������������������
Total credit exposure�������������������������������������������������������������������������������������������������

13,402
167
36
15,215
28,820

13,315
173
42
15,043
28,572

15,883
164
38
14,438
30,523

17,043
168
40
14,277
31,528

14,471
170
41
14,320
29,002

-7.4
-1.8
-12.2
6.3
-0.6

143
0
1
3
147

3,618
14
28
21
3,681

4,669
5
6
54
4,734

4,972
147
1
15,137
20,257

Support for Securitization Facilities Sponsored by Other Institutions
Number of institutions reporting securitization facilities sponsored by others�������
Total credit exposure�������������������������������������������������������������������������������������������������

168
48,949

166
58,163

172
62,341

176
67,349

176
73,276

-4.5
-33.2

13
14

102
236

33
373

20
48,327

Total unused liquidity commitments�������������������������������������������������������������������������

673

779

776

1,275

621

8.4

0

0

0

673

5,184,565 5,349,342 5,500,344

Other
Assets serviced for others*���������������������������������������������������������������������������������������
Asset-backed commercial paper conduits
	
Credit exposure to conduits sponsored by institutions and others������������������
	
Unused liquidity commitments to conduits sponsored by institutions
		and others��������������������������������������������������������������������������������������������������
Net servicing income (for the quarter)����������������������������������������������������������������������
Net securitization income (for the quarter)���������������������������������������������������������������
Total credit exposure to Tier 1 capital (%)**�������������������������������������������������������������

5,601,387

5,782,482

-10.3

6,063

134,387

7,875

8,372

8,009

12,801

11,429

-31.1

5

0

185,297 4,858,818
2

7,868

63,355

68,619

70,886

73,694

76,121

-16.8

0

0

1,027

62,328

4,224
394
6.6

4,495
430
7.4

2,802
509
7.9

1,985
246
8.5

4,713
277
8.9

-10.4
42.2

8
0
1.1

168
16
3.1

132
10
3.5

3,917
369
7.5

*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	

13

2013, Volume 7, No. 2

Quarterly Banking Profile
INSURANCE FUND INDICATORS
Fund Balance Increases to $35.7 Billion
■	 Insured Deposits Decline by 18.7 Percent With End of Temporary Unlimited
Insurance for Noninterest-Bearing Transaction Accounts
■	 DIF Reserve Ratio Rises 15 Basis Points to 0.59 Percent
■	 Four Institutions Fail During First Quarter
■	

Total assets of the 7,019 FDIC-insured institutions
were nearly unchanged, decreasing by only 0.2 percent
($26.3 billion) from the previous quarter.1 Total
deposit growth was also flat. Domestic office deposits
decreased by 0.2 percent ($20.5 billion), while foreign
office deposits increased by 1.6 percent ($22.3 billion).
Domestic noninterest-bearing deposits decreased by
3.8 percent ($97.3 billion), while interest-bearing
checking and savings accounts increased by 2.3 percent
($121.1 billion). Domestic time deposits decreased by
2.6 percent ($44.2 billion). Over the past four quarters,
total domestic deposits grew by 6.8 percent ($600.8
billion), with interest-bearing deposits increasing by
5.9 percent ($389.2 billion) and noninterest-bearing
deposits rising by 9.5 percent ($211.6 billion). Foreign
deposits fell by 3.0 percent, other borrowed money
decreased by 3.8 percent, and securities sold under
agreements to repurchase declined by 12.0 percent
over the same four-quarter period.2

aggregate amount exceeding the $250,000 limit in
noninterest-bearing transaction deposits declined by $70
billion, or less than 5 percent. Table 1 shows the distribution of noninterest-bearing transaction accounts
larger than $250,000 by institution asset size.
Total estimated insured deposits decreased by 18.7
percent, to $6.0 trillion, during the first quarter primarily because of the expiration of the temporary unlimited
insurance coverage on noninterest-bearing transaction
accounts.4 Estimated insured deposits covered by the
$250,000 insurance limit, however, increased by 2.6
percent during the first quarter.
The Deposit Insurance Fund (DIF) increased by $2.8
billion during the first quarter to $35.7 billion. Assessment income of $2.6 billion was primarily responsible
for the increase. A negative provision for insurance
losses of $499 million, as well as $85 million in other
miscellaneous income and unrealized gains on available-for-sale securities, also added to the fund balance.
Operating expenses subtracted $436 million from the
fund balance. Four FDIC-insured institutions with
combined assets of $459 million failed during the first
quarter of 2013, at an estimated cost to the DIF of
$116 million. For the 12 months ending March 31,
2013, 39 insured institutions with combined assets of
$7.3 billion failed, at an estimated cost to the DIF of
$1.6 billion. The DIF’s reserve ratio was 0.59 percent
on March 31, up from a revised 0.44 percent at yearend 2012. The expiration of unlimited insurance
c
­ overage for noninterest-bearing transaction accounts
accounted for almost 12 basis points of the 15 basis
point total increase in the reserve ratio.

Insured institutions had $2.4 trillion in domestic
non­nterest-bearing deposits on March 31, 2013, 69
i
percent ($1.7 trillion) of which was in noninterest-­
bearing transaction accounts with balances larger than
$250,000. Of the $1.7 trillion, $1.5 trillion exceeded the
$250,000 insurance limit. December 31 of last year was
the last day of temporary unlimited insurance coverage
provided to noninterest-bearing transaction deposits as
part of the Dodd-Frank Act.3 The expiration of the
unlimited coverage appeared to have only limited
impact on deposit levels during the first quarter. The
Throughout the insurance fund discussion, FDIC-insured institutions
include insured commercial banks and savings associations and,
except where noted, exclude insured branches of foreign banks.
2
Other borrowed money includes FHLB advances, term federal funds,
mortgage indebtedness, and other borrowings.
3
The Dodd-Frank Wall Street Reform and Consumer Protection Act
(Dodd-Frank), enacted on July 21, 2010, provided temporary unlimited
deposit insurance coverage for noninterest-bearing transaction
accounts from December 31, 2010, through December 31, 2012,
regardless of the balance in the account and the ownership capacity of
the funds. The unlimited coverage was available to all depositors,
including consumers, businesses, and government entities. The coverage was separate from, and in addition to, the insurance coverage
provided for a depositor’s other accounts held at an FDIC-insured bank.
1

FDIC Quarterly	

Effective April 1, 2011, the deposit insurance assessment base changed to average consolidated total assets
minus average tangible equity.5 Revisions to insurance
Figures for estimated insured deposits in this discussion include
insured branches of foreign banks, in addition to insured commercial
banks and savings institutions.
5
There is an additional adjustment to the assessment base for banker’s banks and custodial banks, as permitted under Dodd-Frank.
4

15

2013, Volume 7, No. 2

Table 1

Insured Commercial Banks and Savings Institutions as of March 31, 2013
Distribution of Noninterest-Bearing Domestic Deposits by Asset Size
Domestic Noninterest-Bearing Transaction Accounts
Larger than $250,000*

Asset Size
Less than $1 Billion
$1 - $10 Billion
$10 - $50 Billion
$50 - $100 Billion
Over $100 Billion
Total

Number of
Institutions
6,357
553
73
17
19
7,019

Total Assets
($ Bil.)
$1,396.9
1,423.9
1,451.1
1,326.8
8,825.9
14,424.6

Total
($ Bil.)
$75.3
106.5
110.6
153.4
1,232.9
1,678.6

Amount Above
the $250,000
Coverage Limit
($ Bil.)
$47.8
76.8
89.1
136.2
1,122.1
1,472.0

December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010

7,083
7,181
7,245
7,308
7,357
7,437
7,513
7,574
7,658

14,450.8
14,223.3
14,031.3
13,926.0
13,892.1
13,811.9
13,602.6
13,414.3
13,318.9

1,753.5
1,693.5
1,567.3
1,496.5
1,577.3
1,385.3
1,207.1
1,047.1
1,010.0

1,542.3
1,491.7
1,374.7
1,309.9
1,395.5
1,209.7
1,040.8
888.7
854.2

Other
NoninterestAverage
Average
Bearing
Account
Number of
Size
Accounts per Deposits**
($ Bil.)
($000)
Institution
$684
17
$129.7
897
215
107.5
1,287
1,177
102.4
2,234
4,038
50.4
2,783
23,319
375.4
2,031
118
765.4
2,075
2,098
2,034
2,004
2,169
1,972
1,815
1,653
1,621

119
112
106
102
99
94
89
84
81

787.9
698.7
730.5
735.8
688.0
708.0
705.3
699.9
679.5

* The Dodd-Frank Act provided temporary unlimited coverage from 12/31/2010 through 12/31/2012 for noninterest-bearing transaction accounts. Beginning January 1, 2013, these accounts
are no longer insured above the basic $250,000 coverage limit.
** Includes noninterest-bearing transaction accounts smaller than $250,000 and noninterest-bearing deposits not classified as transaction accounts.

Table 2

Distribution of the Assessment Base for FDIC-Insured Institutions*
by Asset Size
Data as of March 31, 2013
Asset Size
Less than $1 Billion
$1 - $10 Billion
$10 - $50 Billion
$50 - $100 Billion
Over $100 Billion
Total

Number of
Institutions
6,357
553
73
17
19
7,019

Percent of
Assessment Base**
Total Institutions
($ Bil.)
90.6
$1,240.3
7.9
1,264.3
1.0
1,301.0
0.2
1,109.7
0.3
7,490.3
100.0
12,405.6

Percent of
Base
10.0
10.2
10.5
8.9
60.4
100.0

* Excludes insured U.S. branches of foreign banks.
** Average consolidated total assets minus average tangible equity, with adjustments for banker’s banks and custodial banks.

assessment rates and risk-based pricing rules for large
banks (banks with assets greater than $10 billion) also
became effective on that date. The First Quarter 2010
Quarterly Banking Profile includes a more detailed explanation of these changes. Table 2 shows the distribution
of the assessment base as of March 31, by institution
asset size category.

both estimated insured deposits and the new assessment
base. As of March 31, 2013, the DIF reserve ratio would
have been 0.29 percent using the new assessment base
(compared to 0.59 percent using estimated insured
deposits), and the 2 percent DRR using estimated
insured deposits would have been 1.0 percent using the
new assessment base.

Dodd-Frank requires that, for at least five years, the
FDIC must make available to the public the DIF reserve
ratio and the Designated Reserve Ratio (DRR) using

Author:	 Kevin Brown, Senior Financial Analyst
	
Division of Insurance and Research
	
(202) 898-6817

FDIC Quarterly	

16

2013, Volume 7, No. 2

Quarterly Banking Profile
Table I-B.  Insurance Fund Balances and Selected Indicators

(dollar figures in millions)
Beginning Fund Balance�����

Deposit Insurance Fund*
1st
4th
3rd
2nd
Quarter
Quarter
Quarter
Quarter
2012
2011
2011
2011
$11,827
$7,813
$3,916
-$1,023

1st
Quarter
2013
$32,958

4th
Quarter
2012
$25,224

3rd
Quarter
2012
$22,693

2nd
Quarter
2012
$15,292

2,645

2,937

2,833

2,933

3,694

3,209

3,642

-9

66

-8

81

20

33

436

469

0
442

0
407

0
460

0
334

-499

-3,344

-84

-807

12

55

1,878

57

4,095

63

30
2,784

-22
7,734

7
2,531

-108
7,401

160
3,465

Changes in Fund Balance:
Assessments earned��������������
Interest earned on
	
investment securities������
Realized gain on sale of
	investments����������������������
Operating expenses���������������
Provision for insurance
	losses�������������������������������
All other income,
	
net of expenses���������������
Unrealized gain/(loss) on
	available-for-sale
	securities�������������������������
Total fund balance change�����

1st
Quarter
2011
-$7,352

4th
Quarter
2010
-$8,009

3rd
Quarter
2010
-$15,247

2nd
Quarter
2010
-$20,717

1st
Quarter
2010
-$20,862

3,163

3,484

3,498

3,592

3,242

3,278

30

37

28

39

40

64

62

0
433

0
463

0
395

0
452

0
414

0
382

0
345

1,533

-763

-2,095

-3,089

2,446

-3,763

-2,552

3,021

2,599

83

80

66

48

94

55

22

40
4,014

-188
3,897

27
4,939

57
6,329

-30
657

163
7,238

-61
5,470

149
145
-20,717

Ending Fund Balance�����������
	
Percent change from
	
four quarters earlier���������

35,742

32,958

25,224

22,693

15,292

11,827

7,813

3,916

-1,023

-7,352

-8,009

-15,247

133.73

178.67

222.85

479.49

NM

NM

NM

NM

NM

NM

NM

NM

NM

Reserve Ratio (%)�����������������

0.59

0.44

0.35

0.32

0.22

0.17

0.12

0.06

-0.02

-0.12

-0.15

-0.28

-0.38

6,026,716

7,416,083

7,257,321

7,089,803

7,038,590 6,980,367

6,764,051

6,531,745 6,384,450 6,306,214

5,421,425

5,437,417

5,472,402

Estimated Insured
Deposits**������������������������������
	
Percent change from
	
four quarters earlier���������

-14.38

6.24

7.29

Domestic Deposits��������������� 9,454,577
	
Percent change from
	
four quarters earlier���������
6.85

9,474,626

9,084,816

7.88

6.55

8.40

10.51

11.34

9.97

7.34

7,092

7,190

7,254

7,317

7,366

7,446

7,522

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

7,028

10.25

10.69

8,937,751 8,848,750

8.54

8,782,169

16.67

16.61

1.98

12.86

13.26

8,526,713 8,244,900 8,006,898

24.77

20.13

7,887,733

7,753,409

7,681,284

7,702,451

3.95

2.37

2.54

1.58

2.06

7,583

7,667

7,770

7,839

7,943

Deposit Insurance Fund Balance
and Insured Deposits
($ Millions)

DIF Reserve Ratios
Percent of Insured Deposits
0.59

DIF
Balance

0.44
0.32

DIF-Insured
Deposits
$5,472,402

3/10

-15,247

5,437,417

9/10

0.22

-$20,717

6/10

0.35

-8,009

5,421,425

6/11

9/11

3/12

9/12

6,531,745

7,813

6,764,051

11,827

6,980,367

15,292

7,038,590

22,693

7,089,803

25,224

7,257,321

32,958

7,416,083

3/13

3/13

3,916

9/11

12/12

3/11

6,384,450

9/12

9/10

6,306,214

-1,023

6/12

3/10

-7,352

3/11

3/12

0.06

12/10

12/11

-0.38 -0.28 -0.15 -0.12 -0.02

0.12

0.17

35,742

6,026,716

Table II-B.  Problem Institutions and Failed/Assisted Institutions
(dollar figures in millions)
Problem Institutions
	
Number of institutions������������������������������������������������������������
	
Total assets�����������������������������������������������������������������������������

2013***
612
$213,339

2012***
772
$292,083

2012
651
$232,701

2011
813
$319,432

2010
884
$390,017

2009
702
$402,782

2008
252
$159,405

Failed Institutions
157
140
	
Number of institutions������������������������������������������������������������
4
16
51
92
25
$92,085
$169,709
	
Total assets****�����������������������������������������������������������������������
$459
$4,768
$11,617
$34,923
$371,945
Assisted Institutions*****
0
8
	
Number of institutions������������������������������������������������������������
0
0
0
0
5
$0
$1,917,482
$0
$0
$0
$0
	
Total assets�����������������������������������������������������������������������������
$1,306,042
* Quarterly financial statement results are unaudited.
NM - Not meaningful
** Beginning in the third quarter of 2009, estimates of insured deposits are based on a $250,000 general coverage limit. The Dodd-Frank Wall Street Reform and Consumer Protection Act
(Dodd-Frank) temporarily provided unlimited coverage for noninterest bearing transaction accounts for two years beginning December 31, 2010, and ending December 31, 2012.
*** Through March 31.
**** Total assets are based on final Call Reports submitted by failed institutions.
*****Assisted institutions represent five institutions under a single holding company that received assistance in 2008, and eight institutions under a different single holding company that
received assistance in 2009.

FDIC Quarterly	

17

2013, Volume 7, No. 2

Table III-B.  Estimated FDIC-Insured Deposits by Type of Institution
(dollar figures in millions)
March 31, 2013
Commercial Banks and Savings Institutions

Number of
Institutions

Total
Assets

Domestic
Deposits*

Est. Insured
Deposits

	 FDIC-Insured Commercial Banks�����������������������������������������������
		FDIC-Supervised�������������������������������������������������������������������
		OCC-Supervised��������������������������������������������������������������������
		Federal Reserve-Supervised�������������������������������������������������

6,048
3,978
1,220
850

$13,362,554
2,119,808
9,254,901
1,987,844

$8,616,215
1,648,884
5,681,077
1,286,254

$5,306,241
1,252,901
3,302,677
750,663

	 FDIC-Insured Savings Institutions����������������������������������������������
		 OCC-Supervised Savings Institutions�����������������������������������
		 FDIC-Supervised Savings Institutions�����������������������������������

971
534
437

1,061,997
722,568
339,429

810,347
552,134
258,212

695,689
478,219
217,471

Total Commercial Banks and Savings Institutions����������������������

7,019

14,424,552

9,426,562

6,001,931

Other FDIC-Insured Institutions
	 U.S. Branches of Foreign Banks�������������������������������������������������

9

66,265

28,016

24,786

Total FDIC-Insured Institutions���������������������������������������������������� ..

7,028

14,490,817

9,454,577

6,026,716

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

Table IV-B.  Distribution of Institutions and Assessment Base by Assessment Rate Range
Quarter Ending December 31, 2012 (dollar figures in billions)
Number of
Annual Rate in Basis Points
Institutions
2.50-5.00
1,319
5.01-7.50
2,514
7.51-10.00
1,624
10.01-15.00
939
15.01-20.00
46
20.01-25.00
525
25.01-30.00
12
30.01-35.00
104
greater than 35.00
9

Percent of Total
Institutions
18.60
35.45
22.90
13.24
0.65
7.40
0.17
1.47
0.13

Amount of
Assessment Base*
$1,113
2,412
4,809
3,630
122
163
128
26
28

Percent of Total
Assessment Base
8.96
19.40
38.68
29.20
0.98
1.31
1.03
0.21
0.23

* Beginning in the second quarter of 2011, the assessment base was changed to average consolidated total assets minus tangible equity, as
required by the Dodd-Frank Act.

FDIC Quarterly	

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Quarterly Banking Profile

Notes to Users

accounting requirements of the FFIEC Call Reports. (TFR
f
­ilers began filing Call Reports effective with the quarter ending March 31, 2012.)
All asset and liability figures used in calculating performance
ratios represent average amounts for the period (beginning-ofperiod amount plus end-of-period amount plus any interim
periods, divided by the total number of periods). For “poolingof-interest” mergers, the assets of the acquired institution(s)
are included in average assets since the year-to-date income
includes the results of all merged institutions. No adjustments
are made for “purchase accounting” mergers. Growth rates
represent the percentage change over a 12-month period in
totals for institutions in the base period to totals for institutions in the current period.
All data are collected and presented based on the location of
each reporting institution’s main office. Reported data may
include assets and liabilities located outside of the reporting
institution’s home state. In addition, institutions may relocate
across state lines or change their charters, resulting in an
inter-regional or inter-industry migration, e.g., institutions
can move their home offices between regions, and savings
institutions can convert to commercial banks or commercial
banks may convert to savings institutions.

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 com­ arability of source data and reporting differences
p
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 insti­
tutions. 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.

ACCOUNTING CHANGES

Indemnification Assets and Accounting Standards Update No. 201206 – In October 2012, the FASB issued Accounting Standards
Update (ASU) No. 2012-06, “Subsequent Accounting for an
Indemnification Asset Recognized at the Acquisition Date as
a Result of a Government-Assisted Acquisition of a Financial
Institution,” to address the subsequent measurement of an
indemnification asset recognized in an acquisition of a financial institution that includes an FDIC loss-sharing agreement.
This ASU amends ASC Topic 805, Business Combinations
(formerly FASB Statement No. 141 (revised 2007),”Business
Combinations”), which includes guidance applicable to FDICassisted acquisitions of failed institutions.
Under the ASU, when an institution experiences a change in
the cash flows expected to be collected on an FDIC loss-sharing indemnification asset because of a change in the cash
flows expected to be collected on the assets covered by the
loss-sharing agreement, the institution should account for the
change in the measurement of the indemnification asset on
the same basis as the change in the assets subject to indemnification. Any amortization of changes in the value of the
indemnification asset should be limited to the lesser of the
term of the indemnification agreement and the remaining life
of the indemnified assets.
The ASU is effective for fiscal years, and interim periods within those fiscal years, beginning on or after December 15, 2012.
For institutions with a calendar year fiscal year, the ASU takes
effect January 1, 2013. Early adoption of the ASU is permitted.
The ASU’s provisions should be applied prospectively to any
new indemnification assets acquired after the date of adoption
and to indemnification assets existing as of the date of adoption arising from an FDIC-assisted acquisition of a financial
institution. Institutions with indemnification assets arising
from FDIC loss-sharing agreements are expected to adopt ASU
2012-06 for Call Report purposes in accordance with the effective date of this standard. For additional information, refer to
ASU 2012-06, which is available at http:// www.fasb.org/jsp/
FASB/Page/SectionPage&cid=1176156316498.

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
h
­ eadquartered in foreign countries and non-deposit trust
companies are not included unless otherwise indicated.
Efforts are made to obtain financial reports for all active
institutions. However, in some cases, final financial reports
are not available for institutions that have closed or converted their charters.

DATA SOURCES
The financial information appearing in this publication is
obtained primarily from the Federal Financial Institutions
Examination Council (FFIEC) Consolidated Reports of
Condition and Income (Call Reports) and the OTS Thrift
Financial Reports submitted by all FDIC-insured depository
institutions. (TFR filers began filing Call Reports effective
with the quarter ending March 31, 2012.) This information is
stored on and retrieved from the FDIC’s Research
Information System (RIS) database.

COMPUTATION METHODOLOGY
Parent institutions are required to file consolidated reports,
while their subsidiary financial institutions are still required
to file separate reports. Data from subsidiary institution
reports are included in the Quarterly Banking Profile tables,
which can lead to double-counting. No adjustments are made
for any double-counting of subsidiary data. Additionally,
c
­ ertain adjustments are made to the OTS Thrift Financial
Reports to provide closer conformance with the reporting and
FDIC Quarterly	

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2013, Volume 7, No. 2

ed accounting principles, institutions may not record the
effect of this tax change in their balance sheets and income
statements for financial and regulatory reporting purposes
until the period in which the law was enacted, i.e., the first
quarter of 2009.
Troubled Debt Restructurings and Current Market Interest Rates –
Many institutions are restructuring or modifying the terms of
loans to provide payment relief for those borrowers who have
suffered deterioration in their financial condition. Such loan
restructurings may include, but are not limited to, reductions
in principal or accrued interest, reductions in interest rates,
and extensions of the maturity date. Modifications may be
executed at the original contractual interest rate on the loan,
a current market interest rate, or a below-market interest rate.
Many of these loan modifications meet the definition of a
troubled debt restructuring (TDR).
The TDR accounting and reporting standards are set forth in
ASC Subtopic 310-40, Receivables – Troubled Debt
Restructurings by Creditors (formerly FASB Statement No.
15, “Accounting by Debtors and Creditors for Troubled Debt
Restructurings,” as amended). This guidance specifies that a
restructuring of a debt constitutes a TDR if, at the date of
restructuring, the creditor for economic or legal reasons related to a debtor’s financial difficulties grants a concession to
the debtor that it would not otherwise consider.
In the Call Report, until a loan that is a TDR is paid in full or
otherwise settled, sold, or charged off, it must be reported in
the appropriate loan category, as well as identified as a performing TDR loan, if it is in compliance with its modified
terms. If a TDR is not in compliance with its modified terms,
it is reported as a past-due and nonaccrual loan in the appropriate loan category, as well as distinguished from other past
due and nonaccrual loans. To be considered in compliance
with its modified terms, a loan that is a TDR must not be in
nonaccrual status and must be current or less than 30 days past
due on its contractual principal and interest payments under
the modified repayment terms. A loan restructured in a TDR
is an impaired loan. Thus, all TDRs must be measured for
impairment in accordance with ASC Subtopic 310-10,
Receivables – Overall (formerly FASB Statement No. 114,
“Accounting by Creditors for Impairment of a Loan,” as
amended), and the Call Report Glossary entry for “Loan
Impairment.” Consistent with ASC Subtopic 310-10, TDRs
may be aggregated and measured for impairment with other
impaired loans that share common risk characteristics by using
historical statistics, such as average recovery period and
a
­ verage amount recovered, along with a composite effective
interest rate. The outcome of such an aggregation approach
must be consistent with the impairment measurement methods prescribed in ASC Subtopic 310-10 and Call Report
instructions for loans that are “individually” considered
impaired instead of the measurement method prescribed in
ASC Subtopic 450-20, Contingencies – Loss Contingencies
(formerly FASB Statement No. 5, “Accounting for Contin­
gencies”) for loans not individually considered impaired that
are collectively evaluated for impairment. When a loan not
previously considered individually impaired is restructured and
determined to be a TDR, absent a partial charge-off, it generally is not appropriate for the impairment estimate on the loan
to decline as a result of the change from the impairment measurement method prescribed in ASC Subtopic 450-20 to the
methods prescribed in ASC Subtopic 310-10.

Goodwill Impairment Testing – In September 2011, the FASB
issued Accounting Standards Update (ASU) No. 2011-08,
“Testing Goodwill for Impairment,” to address concerns about
the cost and complexity of the existing goodwill impairment
test in ASC Topic 350, Intangibles-Goodwill and Other
(
­ formerly FASB Statement No. 142, “Goodwill and Other
Intangible Assets”). The ASU’s amendments to ASC
Topic 350 are effective for annual and interim goodwill
impairment tests performed for fiscal years beginning after
December 15, 2011 (i.e., for annual or interim tests performed
on or after January 1, 2012, for institutions with a calendar
year fiscal year). Early adoption of the ASU was permitted.
Under ASU 2011-08, an institution has the option of first
assessing qualitative factors to determine whether it is necessary to perform the two-step quantitative goodwill impairment test described in ASC Topic 350. If, after considering
all relevant events and circumstances, an institution determines it is unlikely (that is, a likelihood of 50 percent or less)
that the fair value of a reporting unit is less than its carrying
amount (including goodwill), then the institution does not
need to perform the two-step goodwill impairment test. If the
institution instead concludes that the opposite is true (that is,
it is likely that the fair value of a reporting unit is less than its
carrying amount), then it is required to perform the first step
and, if necessary, the second step of the two-step goodwill
impairment test. Under ASU 2011-08, an institution may
choose to bypass the qualitative assessment for any reporting
unit in any period and proceed directly to performing the first
step of the two-step goodwill impairment test.
Extended Net Operating Loss Carryback Period – The Worker,
Homeownership, and Business Assistance Act of 2009, which
was enacted on November 6, 2009, permits banks and other
businesses, excluding those banking organizations that
received capital from the U.S. Treasury under the Troubled
Asset Relief Program, to elect a net operating loss carryback
period of three, four, or five years instead of the usual carryback period of two years for any one tax year ending after
December 31, 2007, and beginning before January 1, 2010.
For calendar-year banks, this extended carryback period
applies to either the 2008 or 2009 tax year. The amount of
the net operating loss that can be carried back to the fifth
carryback year is limited to 50 percent of the available taxable income for that fifth year, but this limit does not apply to
other carryback years.
Under generally accepted accounting principles, banks may
not record the effects of this tax change in their balance
sheets and income statements for financial and regulatory
reporting purposes until the period in which the law was
enacted, i.e., the fourth quarter of 2009. Therefore, banks
should recognize the effects of this fourth quarter 2009 tax
law change on their current and deferred tax assets and liabilities, including valuation allowances for deferred tax assets, in
their Call Reports for December 31, 2009. Banks should not
amend their Call Reports for prior quarters for the effects of
the extended net operating loss carryback period.
The American Recovery and Reinvestment Act of 2009,
which was enacted on February 17, 2009, permits qualifying
small businesses, including FDIC-insured institutions, to elect
a net operating loss carryback period of three, four, or five
years instead of the usual carryback period of two years for
any tax year ending in 2008 or, at the small business’s election, any tax year beginning in 2008. Under generally acceptFDIC Quarterly	

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Quarterly Banking Profile
Troubled Debt Restructurings and Accounting Standards Update
No. 2011-02 – In April 2011, the FASB issued Accounting
Standards Update (ASU) No. 2011-02, “A Creditor’s
Determination of Whether a Restructuring Is a Troubled
Debt Restructuring,” to provide additional guidance to help
creditors determine whether a concession has been granted to
a borrower and whether a borrower is experiencing financial
difficulties. The guidance is also intended to reduce diversity
in practice in identifying and reporting TDRs. This ASU was
effective for public companies for interim and annual periods
beginning on or after June 15, 2011, and should have been
applied retrospectively to the beginning of the annual period
of adoption for purposes of identifying TDRs. The measurement of impairment for any newly identified TDRs resulting
from retrospective application should have been applied prospectively in the first interim or annual period beginning on
or after June 15, 2011. (For most public institutions, the ASU
takes effect July 1, 2011, but retrospective application begins
as of January 1, 2011.) Nonpublic companies should apply the
new guidance for annual periods ending after December 15,
2012, including interim periods within those annual periods.
(For most nonpublic institutions, the ASU took effect
January 1, 2012.) Early adoption of the ASU was permitted
for both public and nonpublic entities. Nonpublic entities
that adopt early are subject to a retrospective identification
requirement. For additional information, institutions should
refer to ASU 2011-02, which is available at http://www.fasb.
org/jsp/FASB/Page/SectionPage&cid=1176156316498.
Accounting for Loan Participations – Amended ASC Topic 860
(formerly FAS 166) modified the criteria that must be met in
order for a transfer of a portion of a financial asset, such as a
loan participation, to qualify for sale accounting. These
changes apply to transfers of loan participations on or after
the effective date of amended ASC Topic 860 (January 1,
2010, for banks with calendar year fiscal year), including
advances under lines of credit that are transferred on or after
the effective date of amended ASC Topic 860 even if the line
of credit agreements were entered into before this effective
date. Therefore, banks with a calendar-year fiscal year must
account for transfers of loan participations on or after January
1, 2010, in accordance with amended ASC Topic 860. In
general, loan participations transferred before the effective
date of amended ASC Topic 860 are not affected by this new
accounting standard.
Under amended ASC Topic 860, if a transfer of a portion of
an entire financial asset meets the definition of a “participating interest,” then the transferor (normally the lead lender)
must evaluate whether the transfer meets all of the conditions
in this accounting standard to qualify for sale accounting.
Other-Than-Temporary Impairment – When the fair value of an
investment in an individual available-for-sale or held-tomaturity security is less than its cost basis, the impairment is
either temporary or other-than-temporary. The amount of the
total other-than-temporary impairment related to credit loss
must be recognized in earnings, but the amount of total
impairment related to other factors must be recognized in
other comprehensive income, net of applicable taxes. To
determine whether the impairment is other-than-temporary,
an institution must apply the applicable accounting guidance
– refer to previously published Quarterly Banking Profile notes:
http://www2.fdic.gov/qbp/2011mar/qbpnot.html.

FDIC Quarterly	

ASC Topic 805 (formerly Business Combinations and Noncontrolling
(Minority) Interests) – In December 2007, the FASB issued
Statement No. 141 (Revised), Business Combinations FAS
141(R)), and Statement No. 160, Noncontrolling Interests in
Consolidated Financial Statements (FAS 160). Under FAS
141(R), all business combinations, including combinations of
mutual entities, are to be accounted for by applying the acquisition method. FAS 160 defines a noncontrolling interest, also
called a minority interest, as the portion of equity in an institution’s subsidiary not attributable, directly or indirectly, to the
parent institution. FAS 160 requires an institution to clearly
present in its consolidated financial statements the equity
ownership in and results of its subsidiaries that are attributable
to the noncontrolling ownership interests in these subsidiaries.
FAS 141(R) applies prospectively to business combinations for
which the acquisition date is on or after the beginning of the
first annual reporting period beginning on or after December
15, 2008. Similarly, FAS 160 is effective for fiscal years beginning on or after December 15, 2008. Thus, for institutions
with calendar-year fiscal years, these two accounting standards
take effect in 2009. Beginning in March 2009, Institution
equity capital and Noncontrolling interests are separately
reported in arriving at Total equity capital and Net income.
ASC Topic 820 (formerly FASB Statement No. 157 Fair Value
Measurements issued in September 2006) and ASC Topic 825
(
­formerly FASB Statement No. 159 The Fair Value Option for
Financial Assets and Financial Liabilities) issued in February 2007 –
both are effective in 2008 with early adoption permitted in
2007. FAS 157 defines fair value and establishes a framework
for developing fair value estimates for the fair value measurements that are already required or permitted under other standards. FASB FSP 157-4, issued in April 2009, provides
additional guidance for estimating fair value in accordance
with FAS 157 when the volume and level of activity for the
asset or liability have significantly decreased. The FSP also
includes guidance on identifying circumstances that indicate a
transaction is not orderly. The FSP is effective for interim and
annual reporting periods ending after June 15, 2009, with early
adoption permitted for periods ending after March 15, 2009.
Fair value continues to be used for derivatives, trading securities, and available-for-sale securities. Changes in fair value go
through earnings for trading securities and most derivatives.
Changes in the fair value of available-for-sale securities are
reported in other comprehensive income. Available-for-sale
securities and held-to-maturity debt securities are written down
to fair value if impairment is other than temporary and loans
held for sale are reported at the lower of cost or fair value.
FAS 159 allows institutions to report certain financial assets
and liabilities at fair value with subsequent changes in fair
value included in earnings. In general, an institution may
elect the fair value option for an eligible financial asset or
l
­iability when it first recognizes the instrument on its balance
sheet or enters into an eligible firm commitment.
ASC Topic 715 (formerly FASB Statement No. 158 Employers’
Accounting for Defined Benefit Pension and Other Postretirement
Plans) – refer to previously published Quarterly Banking Profile
notes: http://www2.fdic.gov/qbp/2011mar/qbpnot.html.
ASC Topic 860 (formerly FASB Statement No. 156 Accounting for
Servicing of Financial Assets) – refer to previously published
Quarterly Banking Profile notes: http://www2.fdic.gov/
qbp/2011mar/qbpnot.html.

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2013, Volume 7, No. 2

ASC Topic 815 (formerly FASB Statement No. 155 Accounting for
Certain Hybrid Financial Instruments) – refer to previously published Quarterly Banking Profile notes: http://www2.fdic.gov/
qbp/2011mar/qbpnot.html.
GNMA Buy-back Option – If an issuer of GNMA securities has
the option to buy back the loans that collateralize the
GNMA securities, when certain delinquency criteria are met,
ASC Topic 860 (formerly FASB Statement No. 140) requires
that loans with this buy-back option must be brought back on
the issuer’s books as assets. The rebooking of GNMA loans is
required regardless of whether the issuer intends to exercise
the buy-back option. The banking agencies clarified in May
2005 that all GNMA loans that are rebooked because of
delinquency should be reported as past due according to their
contractual terms.
ASC Topics 860 & 810 (formerly FASB Statements 166 & 167) –
In June 2009, the FASB issued Statement No. 166,
Accounting for Transfers of Financial Assets (FAS 166), and
Statement No. 167, Amendments to FASB Interpretation
No. 46(R) (FAS 167), which change the way entities account
for securitizations and special purpose entities. FAS 166
revised FASB Statement No. 140, Accounting for Transfers
and Servicing of Financial Assets and Extinguishments of
Liabilities, by eliminating the concept of a “qualifying specialpurpose entity,” creating the concept of a “participating interest,” changing the requirements for derecognizing financial
assets, and requiring additional disclosures. FAS 167 revised
FASB Interpretation No. 46(R), Consolidation of Variable
Interest Entities, by changing how a bank or other company
determines when an entity that is insufficiently capitalized or
is not controlled through voting or similar rights, i.e., a “variable interest entity” (VIE), should be consolidated. Under
FAS 167, a bank must perform a qualitative assessment to
determine whether its variable interest or interests give it a
controlling financial interest in a VIE. If a bank’s variable
interest or interests provide it with the power to direct the
most significant activities of the VIE, and the right to receive
benefits or the obligation to absorb losses that could potentially be significant to the VIE, the bank is the primary beneficiary of, and therefore must consolidate, the VIE.
Both FAS 166 and FAS 167 take effect as of the beginning of
each bank’s first annual reporting period that begins after
November 15, 2009, for interim periods therein, and for interim and annual reporting periods thereafter (i.e., as of January
1, 2010, for banks with a calendar year fiscal year). Earlier
application is prohibited. Banks are expected to adopt FAS
166 and FAS 167 for Call Report purposes in accordance with
the effective date of these two standards. Also, FAS 166 has
modified the criteria that must be met in order for a transfer of
a portion of a financial asset, such as a loan participation, to
qualify for sale accounting. These changes apply to transfers of
loan participations on or after the effective date of FAS 166.
Therefore, banks with a calendar year fiscal year must account
for transfers of loan participations on or after January 1, 2010,
in accordance with FAS 166. In general, loan participations
transferred before the effective date of FAS 166 (January 1,
2010, for calendar year banks) are not affected by this new
accounting standard and pre-FAS 166 participations that were
properly accounted for as sales under FASB Statement No.
140 will continue to be reported as having been sold.

FDIC Quarterly	

ASC Topic 740 (formerly FASB Interpretation No. 48 on Uncertain
Tax Positions) – refer to previously published Quarterly Banking
Profile notes: http://www2.fdic.gov/qbp/2011mar/qbpnot.html.
ASC Topic 718 (formerly FASB Statement No. 123 (Revised 2004)
and Share-Based Payments – refer to previously published
Quarterly Banking Profile notes: http://www2.fdic.gov/
qbp/2008dec/qbpnot.html.
ASC Topic 815 (formerly FASB Statement No. 133 Accounting for
Derivative Instruments and Hedging Activities) – refer to previously published Quarterly Banking Profile notes: http://www2.
fdic.gov/qbp/2008dec/qbpnot.html.
Accounting Standards Codification – refer to previously published
Quarterly Banking Profile notes: http://www2.fdic.gov/
qbp/2011sep/qbpnot.html.

DEFINITIONS (in alphabetical order)

All other assets – total cash, balances due from depository
institutions, premises, fixed assets, direct investments in real
estate, investment in unconsolidated subsidiaries, customers’
liability on acceptances outstanding, assets held in trading
accounts, federal funds sold, securities purchased with agreements to resell, fair market value of derivatives, prepaid
deposit insurance assessments, and other assets.
All other liabilities – bank’s liability on acceptances, limited-life
preferred stock, allowance for estimated off-balance-sheet credit losses, fair market value of derivatives, and other liabilities.
Assessment base – effective April 1, 2011, the deposit insurance assessment base has changed to “average consolidated
total assets minus average tangible equity” with an additional
adjustment to the assessment base for banker’s banks and custodial banks, as permitted under Dodd-Frank. Previously the
assessment base was “assessable deposits” and consisted of DIF
deposits (deposits insured by the FDIC Deposit Insurance
Fund) in banks’ domestic offices with certain adjustments.
Assets securitized and sold – total outstanding principal balance
of assets securitized and sold with servicing retained or other
seller- provided credit enhancements.
Capital Purchase Program (CPP) – as announced in October
2008 under the TARP, the Treasury Department purchase of
noncumulative perpetual preferred stock and related warrants
that is treated as Tier 1 capital for regulatory capital purposes
is included in “Total equity capital.” Such warrants to purchase common stock or noncumulative preferred stock issued
by publicly-traded banks are reflected as well in “Surplus.”
Warrants to purchase common stock or noncumulative preferred stock of not-publicly-traded bank stock are classified in
a bank’s balance sheet as “Other liabilities.”
Construction and development loans – includes loans for all
p
­ roperty 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.

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Quarterly Banking Profile
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
associ­ ted with a given issuance.
a
Deposit Insurance Fund (DIF) – the Bank (BIF) and Savings
Association (SAIF) Insurance Funds were merged in 2006 by
the Federal Deposit Insurance Reform Act to form the DIF.
Derivatives notional amount – the notional, or contractual,
amounts of derivatives represent the level of involvement in
the types of derivatives transactions and are not a quantification of market risk or credit risk. Notional amounts represent
the amounts used to calculate contractual cash flows to be
exchanged.
Derivatives credit equivalent amount – the fair value of the
derivative plus an additional amount for potential future credit exposure based on the notional amount, the remaining
maturity and type of the contract.

Estimated insured deposits – in general, insured deposits are
total domestic deposits minus estimated uninsured deposits.
Beginning March 31, 2008, for institutions that file Call
Reports, insured deposits are total assessable deposits minus
estimated uninsured deposits. Beginning September 30, 2009,
insured deposits include deposits in accounts of $100,000 to
$250,000 that are covered by a temporary increase in the
FDIC’s standard maximum deposit insurance amount
(SMDIA). The Dodd-Frank Wall Street Reform and
Consumer Protection Act enacted on July 21, 2010, made
permanent the standard maximum deposit insurance amount
(SMDIA) of $250,000. Also, the Dodd-Frank Act amended
the Federal Deposit Insurance Act to include noninterestbearing transaction accounts as a new temporary deposit
insurance account category. All funds held in noninterestbearing transaction accounts were fully insured, without limit,
from December 31, 2010, through December 31, 2012.
Failed/assisted institutions – an institution fails when regulators
take control of the institution, placing the assets and liabilities into a bridge bank, conservatorship, receivership, or
another healthy institution. This action may require the
FDIC to provide funds to cover losses. An institution is
defined as “assisted” when the institution remains open and
receives assistance in order to continue operating.
Fair Value – the valuation of various assets and liabilities on
the balance sheet—including trading assets and liabilities,
available-for-sale securities, loans held for sale, assets and
l
­iabilities accounted for under the fair value option, and foreclosed assets—involves the use of fair values. During periods
of market stress, the fair values of some financial instruments
and nonfinancial assets may decline.
FHLB advances – all borrowings by FDIC insured institutions
from the Federal Home Loan Bank System (FHLB), as
r
­ eported by Call Report filers and by TFR filers.
Goodwill and other intangibles – intangible assets include
s
­ ervicing 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.

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 un­ erlying variable or index at a stated price
d
(strike price) during a period or on a specified future date,
in return for compensation (such as a fee or premium).
The seller is obligated to purchase or sell the variable or
index at the discretion of the buyer of the contract.
Swaps – obligations between two parties to exchange a
series of cash flows at periodic intervals (settlement dates),
for a specified period. The cash flows of a swap are either
fixed, or determined for each settlement date by multiplying the quantity (notional principal) of the underlying
variable or index by specified reference rates or prices.
Except for currency swaps, the notional principal is used
to calculate each payment but is not exchanged.
Derivatives underlying risk exposure – the potential exposure
characterized by the level of banks’ concentration in particular underlying instruments, in general. Exposure can result
from market risk, credit risk, and operational risk, as well as,
interest rate risk.
Domestic deposits to total assets – total domestic office deposits
as a percent of total assets on a consolidated basis.
Earning assets – all loans and other investments that earn
interest or dividend income.
Efficiency ratio – Noninterest expense less amortization of
intangible assets as a percent of net interest income plus noninterest income. This ratio measures the proportion of net
operating revenues that are absorbed by overhead expenses,
so that a lower value indicates greater efficiency.

FDIC Quarterly	

23

2013, Volume 7, No. 2

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 d­ e, or in nonu
accrual status.
Noncurrent loans & leases – the sum of loans and leases 90 days
or more past due, and loans and leases in nonaccrual status.
Number of institutions reporting – the number of institutions
that actually filed a financial report.
New reporters – insured institutions filing quarterly financial
reports for the first time.
Other borrowed funds – federal funds purchased, securities sold
with agreements to repurchase, demand notes issued to the
U.S. Treasury, FHLB advances, other borrowed money, mortgage indebtedness, obligations under capitalized leases and
trading liabilities, less revaluation losses on assets held in
trading accounts.
Other real estate owned – primarily foreclosed property. Direct
and indirect investments in real estate ventures are excluded.
The amount is reflected net of valuation allowances. For
institutions that file a Thrift Financial Report (TFR), the
v
­ aluation allowance subtracted also includes allowances for
other repossessed assets. Also, for TFR filers the components
of other real estate owned are reported gross of valuation
allowances. (TFR filers began filing Call Reports effective
with the quarter ending March 31, 2012.)
Percent of institutions with earnings gains – the percent of institutions that increased their net income (or decreased their
losses) compared to the same period a year earlier.
“Problem” institutions – federal regulators assign a composite
rating to each financial institution, based upon an evaluation
of financial and operational criteria. The rating is based on a
scale of 1 to 5 in ascending order of supervisory concern.
“Problem” institutions are those institutions with financial,
operational, or managerial weaknesses that threaten their
continued financial viability. Depending upon the degree of
risk and supervisory concern, they are rated either a “4” or
“5.” The number and assets of “problem” institutions are
based on FDIC composite ratings. Prior to March 31, 2008,
for institutions whose primary federal regulator was the OTS,
the OTS composite rating was used.
Recourse – an arrangement in which a bank retains, in form or
in substance, any credit risk directly or indirectly associated
with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the
bank’s claim on the asset. If a bank has no claim on an asset
it has sold, then the retention of any credit risk is recourse.

FDIC Quarterly	

Reserves for losses – the allowance for loan and lease losses on
a consolidated basis.
Restructured loans and leases – loan and lease financing receivables with terms restructured from the original contract.
Excludes restructured loans and leases that are not in compliance with the modified terms.
Retained earnings – net income less cash dividends on common and preferred stock for the reporting period.
Return on assets – bank net income (including gains or losses
on securities and extraordinary items) as a percentage of aver­
age total (consolidated) assets. The basic yardstick of bank
profitability.
Return on equity – bank net income (including gains or losses
on securities and extraordinary items) as a percentage of average total equity capital.
Risk-based capital groups – definition:
(Percent)

Tier 1
Risk-Based
Capital*

Total
Risk-Based
Capital*

Well-capitalized

≥10

≥6

and

Tier 1
Leverage

≥5

and

Tangible
Equity

–

Adequately
capitalized

≥8

and

≥4

and

≥4

–

Undercapitalized

≥6

and

≥3

and

≥3

–

Significantly
undercapitalized

<6

or

<3

or

<3

Critically
undercapitalized

–

–

and

>2
≤2

–

* As a percentage of risk-weighted assets.

Risk Categories and Assessment Rate Schedule – The current risk
categories became effective January 1, 2007. Capital ratios
and supervisory ratings distinguish one risk category from
another. Effective April 1, 2011, risk categories for large institutions (generally those with at least $10 billion in assets) are
eliminated. The following table shows the relationship of risk
categories (I, II, III, IV) for small institutions to capital and
supervisory groups as well as the initial base assessment rates
(in basis points) for each risk category. Supervisory Group A
generally includes institutions with CAMELS composite ratings of 1 or 2; Supervisory Group B generally includes institutions with a CAMELS composite rating of 3; and Supervisory
Group C generally includes institutions with CAMELS composite ratings of 4 or 5. For purposes of risk-based assessment
capital groups, undercapitalized includes institutions that are
significantly or critically undercapitalized.
Supervisory Group
Capital Category

A

1. Well Capitalized

I
5–9 bps

2. Adequately Capitalized
3. Undercapitalized

B

II
14 bps

C

II
14 bps

III
23 bps

III
23 bps

IV
35 bps

Effective April 1, 2011, the initial base assessment rates are 5
to 35 basis points. An institution’s total assessment rate may
be less than or greater than its initial base assessment rate as a
result of additional risk adjustments.

24

2013, Volume 7, No. 2

Quarterly Banking Profile
The base assessment rates for small institutions in Risk
Category I are based on a combination of financial ratios and
CAMELS component ratings (the financial ratios method).
As required by Dodd-Frank, the calculation of risk-based
assessment rates for large institutions no longer relies on longterm debt issuer ratings. Rates for large institutions are based
on CAMELS ratings and certain forward-looking financial
measures combined into two scorecards—one for most large
institutions and another for the remaining very large institutions that are structurally and operationally complex or that
pose unique challenges and risks in case of failure (highly
complex institutions). In general, a highly complex institution is an institution (other than a credit card bank) with
more than $500 billion in total assets that is controlled by a
parent or intermediate parent company with more than $500
billion in total assets or a processing bank or trust company
with total fiduciary assets of $500 billion or more. The FDIC
retains its ability to take additional information into account
to make a limited adjustment to an institution’s total score
(the large bank adjustment), which will be used to determine
an institution’s initial base assessment rate.
Effective April 1, 2011, the three possible adjustments to
an institution’s initial base assessment rate are as follows:
(1) Unsecured Debt Adjustment: An institution’s rate may
decrease by up to 5 basis points for unsecured debt. The unsecured debt adjustment cannot exceed the lesser of 5 basis
points or 50 percent of an institution’s initial base assessment
rate (IBAR). Thus, for example, an institution with an IBAR
of 5 basis points would have a maximum unsecured debt
adjustment of 2.5 basis points and could not have a total base
assessment rate lower than 2.5 basis points. (2) Depository
Institution Debt Adjustment: For institutions that hold longterm unsecured debt issued by another insured depository
institution, a 50 basis point charge is applied to the amount
of such debt held in excess of 3 percent of an institution’s
Tier 1 capital. (3) Brokered Deposit Adjustment: Rates for
small institutions that are not in Risk Category I and for large
institutions that are not well capitalized or do not have a
composite CAMELS rating of 1 or 2 may increase (not to
exceed 10 basis points) if their brokered deposits exceed 10
percent of domestic deposits. After applying all possible
adjustments (excluding the Depository Institution Debt
Adjustment), minimum and maximum total base assessment
rates for each risk category are as follows:

Beginning in 2007, each institution is assigned a risk-based
rate for a quarterly assessment period near the end of the
quarter following the assessment period. Payment is generally
due on the 30th day of the last month of the quarter following the assessment period. Supervisory rating changes are
effective for assessment purposes as of the examination transmittal date.
Special Assessment – On May 22, 2009, the FDIC board
approved a final rule that imposed a 5 basis point special
assessment as of June 30, 2009. The special assessment was
levied on each insured depository institution’s assets minus
its Tier 1 capital as reported in its report of condition as of
June 30, 2009. The special assessment was collected
September 30, 2009, at the same time that the risk-based
assessment for the second quarter of 2009 was collected.
The special assessment for any institution was capped at
10 basis points of the institution’s assessment base for the
second quarter of 2009 risk-based assessment.
Prepaid Deposit Insurance Assessments – In November 2009,
the FDIC Board of Directors adopted a final rule requiring
insured depository institutions (except those that are
exempted) to prepay their quarterly risk-based deposit
insurance assessments for the fourth quarter of 2009, and
for all of 2010, 2011, and 2012, on December 30, 2009.
Each institution’s regular risk-based deposit insurance
assessment for the third quarter of 2009, which is paid in
arrears, also was payable on December 30, 2009. For regulatory capital purposes, an institution may assign a zeropercent risk weight to the amount of its prepaid deposit
assessment asset.
Risk-weighted assets – assets adjusted for risk-based capital
definitions which include on-balance-sheet as well as off-­
balance-sheet items multiplied by risk-weights that range
from zero to 200 percent. A conversion factor is used to assign
a balance sheet equivalent amount for selected off-balancesheet accounts.
Securities – excludes securities held in trading accounts.
Banks’ securities portfolios consist of securities designated as
“held-to-maturity,” which are reported at amortized cost
(book value), and securities designated as “available-for-sale,”
reported at fair (market) value.
Securities gains (losses) – realized gains (losses) on held-tomaturity and available-for-sale securities, before adjustments
for income taxes. Thrift Financial Report (TFR) filers also
include gains (losses) on the sales of assets held for sale.
(TFR filers began filing Call Reports effective with the quarter ending March 31, 2012.)
Seller’s interest in institution’s own securitizations – the reporting
bank’s ownership interest in loans and other assets that have
been securitized, except an interest that is a form of recourse
or other seller-provided credit enhancement. Seller’s interests
differ from the securities issued to investors by the securitization structure. The principal amount of a seller’s interest is
generally equal to the total principal amount of the pool of
assets included in the securitization structure less the principal amount of those assets attributable to investors, i.e., in the
form of securities issued to investors.

Total Base Assessment Rates*
Large and
Risk
Risk
Risk
Risk
Highly
Category Category Category Category Complex
I
II
III
IV
Institutions
Initial base
assessment rate

5–9

14

23

35

5–35

Unsecured debt
adjustment

-4.5–0

-5–0

-5–0

-5–0

-5–0

Brokered deposit
adjustment

—

0–10

0–10

0–10

0–10

Total Base
Assessment rate

2.5–9

9–24

18–33

30–45

2.5–45

* All amounts for all categories are in basis points annually. Total base rates that are
not the minimum or maximum rate will vary between these rates. Total base assessment rates do not include the depository institution debt adjustment.

FDIC Quarterly	

25

2013, Volume 7, No. 2

Small Business Lending Fund – The Small Business Lending
Fund (SBLF) was enacted into law in September 2010 as part
of the Small Business Jobs Act of 2010 to encourage lending
to small businesses by providing capital to qualified
community institutions with assets of less than $10 billion.
The SBLF Program is administered by the U.S. Treasury
Department (http://www.treasury.gov/resource-center/
sb-programs/Pages/Small-Business-Lending-Fund.aspx).
Under the SBLF Program, the Treasury Department
purchased noncumulative perpetual preferred stock from
qualifying depository institutions and holding companies
(other than Subchapter S and mutual institutions). When
this stock has been issued by a depository institution, it is
reported as “Perpetual preferred stock and related surplus.”
For regulatory capital purposes, this noncumulative perpetual
preferred stock qualifies as a component of Tier 1 capital.
Qualifying Subchapter S corporations and mutual institutions
issue unsecured subordinated debentures to the Treasury
Department through the SBLF. Depository institutions that
issued these debentures report them as “Subordinated notes
and debentures.” For regulatory capital purposes, the
debentures are eligible for inclusion in an institution’s Tier 2
capital in accordance with their primary federal regulator’s
capital standards. To participate in the SBLF Program, an
institution with outstanding securities issued to the Treasury
Department under the Capital Purchase Program (CPP) was
required to refinance or repay in full the CPP securities at the
time of the SBLF funding. Any outstanding warrants that an
institution issued to the Treasury Department under the CPP
remain outstanding after the refinancing of the CPP stock
through the SBLF Program unless the institution chooses to
repurchase them.

FDIC Quarterly	

Subchapter S corporation – a Subchapter S corporation is treated as a pass-through entity, similar to a partnership, for federal income tax purposes. It is generally not subject to any
federal income taxes at the corporate level. This can have the
effect of reducing institutions’ reported taxes and increasing
their after-tax earnings.
Trust assets – market value, or other reasonably available
value of fiduciary and related assets, to include marketable
securities, and other financial and physical assets. Common
physical assets held in fiduciary accounts include real estate,
equipment, collectibles, and household goods. Such fiduciary
assets are not included in the assets of the financial
institution.
Unearned income & contra accounts – unearned income for Call
Report filers only.
Unused loan commitments – includes credit card lines, home
equity lines, commitments to make loans for construction,
loans secured by commercial real estate, and unused commitments to originate or purchase loans. (Excluded are commitments after June 2003 for originated mortgage loans held for
sale, which are accounted for as derivatives on the balance
sheet.)
Yield on earning assets – total interest, dividend, and fee
income earned on loans and investments as a percentage of
average earning assets.

26

2013, Volume 7, No. 2

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