Each quarter the Federal Deposit Insurance Corp. requires every bank in the nation to submit detailed reports about its financial condition. This data is public. The Investigative Reporting Workshop downloads the data files from the FDIC website to extract several key variables of bank performance.

Key indicators

Latest Update: June 30, 2022

Total banks

This is the number of banks reporting quarterly results to the FDIC. It has been steadily declining for decades as the industry is increasingly dominated by large institutions.

Total deposits
19.6 trillion

The amount of money consumers, businesses, and governments have in accounts in the bank.

11.6 trillion

Includes mortgages, loans to businesses, credit cards, and other types of lending. The Workshop uses “net loans,” which deducts “loan loss reserves” from total loans.

Total Assets
23.8 trillion

The value of everything the bank owns, including loans to consumers and investments in securities.

Total troubled assets
70.3 billion

Includes loans 90 days or more past due, loans that are no longer accruing interest on the bank’s books, and property the bank has repossessed for nonpayment. The Workshop adjusts this amount to deduct loans that have full or partial government guarantees.

Banks with TAR > 100

TAR is the Troubled Asset Ratio, as calculated by the Workshop. It is the amount of capital divided by the amount of troubled assets. Lower ratios indicate a stronger bank.

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