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About the FDIC

The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the Congress to maintain stability and public confidence in the nation’s financial system. The FDIC insures deposits; examines and supervises financial institutions for safety, soundness, and consumer protection; makes large and complex financial institutions resolvable; and manages receiverships.

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Icon for the Latest News section, showing a paper coming out of a laptop computer. Latest News

PRESS RELEASE / May 3, 2022

Small Business Lending Survey

Consumer News / May 1, 2022

Your Small Business Deserves Big Support

Icon for the Data and Insights section, showing a line graph and a bar chart. Data & Insights

Quarterly Net Income says '$63.9 billion' and an area chart graphic that shows a general increase

Quarterly Net Income

The banking industry reported quarterly net income of $63.9 billion in the fourth quarter, an increase of $4.4 billion (7.4 percent) from a year ago.

4,839 FDIC Insured Banks as of the fourth quarter 2021

Number of Insured Banks

For the 4,839 commercial banks and savings institutions, aggregate, annual net income totaled $279.1 billion, an increase of $132.0 billion (89.7%) from a year ago.

An up arrow, text that says '+$1.2 billion'

DIF Funding

The Deposit Insurance Fund balance was $123.1 billion on December 31, up $1.2 billion from the end of last quarter.

Text that says '$7.8 billion'

Community Bank Growth

Community banks reported quarterly net income of $7.8 billion, an increase of 7.1% from a year ago.

Text that says '+1.27%' and an area chart graphic starting in 2007 and ending at the end of the Q4, 2021

DIF Reserve Ratio

The reserve ratio – the amount in the DIF relative to insured deposits – remained at 1.27% for the quarter. A Fund Resolution Plan adopted in September 2020.

Text says '44 banks' and a graph starting in 2008 and ending in 2021 in a generally declining slope

Number of “Problem Banks”

The number of banks on the FDIC’s “Problem Bank List” declined to 44 during the quarter.