Chart 1 Bank loan losses generally rise during recessions. (Includes all FDIC-insured commercial banks)

Years Net loan charge-offs, percent change from year ago
1960 0.0%
1961 -7.9%
1962 -12.0%
1963 42.5%
1964 5.5%
1965 28.7%
1966 24.2%
1967 7.5%
1968 -5.1%
1969 19.2%
1970 100.8%
1971 10.8%
1972 -18.4%
1973 30.1%
1974 69.6%
1975 65.7%
1976 8.0%
1977 -20.2%
1978 -10.7%
1979 2.7%
1980 40.2%
1981 4.3%
1982 74.8%
1983 29.8%
1984 27.4%
1985 22.3%
1986 25.1%
1987 -0.9%
1988 13.3%
1989 23.0%
1990 29.7%
1991 10.7%
1992 -22.0%
1993 -31.7%
1994 -35.8%
1995 8.5%
1996 27.0%
1997 19.5%
1998 12.9%
1999 -2.6%
2000 21.6%
2001 47.2%
2002 22.1%
2003 -14.8%
2004 -23.1%
2005 -30.8%

Source: Federal Deposit Insurance Corporation.