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.
Latest Update: Sept. 30, 2020
- Total banks
- Total deposits
- 17.2 trillion
- 10.7 trillion
- Total Assets
- 21.3 trillion
- Total troubled assets
- 96.4 billion
- Banks with TAR > 100
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.
The amount of money consumers, businesses, and governments have in accounts in the bank.
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.
The value of everything the bank owns, including loans to consumers and investments in securities.
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.
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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Federally insured institutions as a whole continue to rebound since the Great Recession. Total assets, capital, deposits, profits and reserves have all collectively improved, according to an analysis of Federal Deposit Insurance Corporation (FDIC) data by the Investigative Reporting Workshop, which looked at fourth-quarter FDIC data from December 2007 to December 2015 to get a …
The latest data from the Federal Deposit Insurance Corp. shows that the nation’s banks continue to recover from the financial crisis, reporting stronger earnings and increasing loan volume. But an analysis by the Investigative Reporting Workshop shows that for the vast majority of banks — those with less than $1 billion in assets — profits …
Five years ago last week Bear Stearns, then one of the nation’s largest brokerage houses, told the Federal Reserve it was out of money. Despite a $12.9 billion emergency loan from the Fed, within two days Bear Stearns was forced to merge with JP Morgan Chase — a deal facilitated with a $29 billion loan …
Compared with Sept. 30, 2011, an analysis of quarterly banking results by the Investigative Reporting Workshop shows: Loans increased to $7.44 trillion, up 3.9 percent from $7.16 trillion. However, total lending remains below the peak of $7.85 trillion in the second quarter of 2008. Troubled assets (a combination of nonperforming loans and the value of …
The nation’s banks continued to recover in the second quarter, as the volume of troubled assets on their books dropped to the lowest level in three years, according to data from the Federal Deposit Insurance Corp. Banks earned $34.5 billion, below the $35.3 billion reported for the first quarter of this year but above the …