| 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.
|