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2015 Annual Report

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VI. Appendices

A. Key Statistics

FDIC ACTIONS ON FINANCIAL INSTITUTIONS APPLICATIONS 2013–2015
2015 2014 2013
Deposit Insurance 5 2 10
Approved1 5 2 10
Denied 0 0 0
New Branches 548 520 499
Approved 548 520 499
Denied 0 0 0
Mergers 270 251 256
Approved 270 251 256
Denied 0 0 0
Requests for Consent to Serve2 240 327 474
Approved 239 327 474
Section 19 7 7 4
Section 32 232 320 470
Denied 1 0 0
Section 19 0 0 0
Section 32 1 0 0
Notices of Change in Control 20 15 22
Letters of Intent Not to Disapprove 20 15 22
Disapproved 0 0 0
Brokered Deposit Waivers 20 46 81
Approved 20 46 81
Denied 0 0 0
Savings Association Activities 1 4 8
Approved 1 4 8
Denied 0 0 0
State Bank Activities/Investments3 10 14 10
Approved 10 14 10
Denied 0 0 0
Conversion of Mutual Institutions 4 4 7
Non-Objection 4 4 7
Objection 0 0 0
1 Includes deposit insurance application filed on behalf of (1) newly organized institutions, (2) existing uninsured financial services companies seeking establishment as an insured institution, and (3) interim institutions established to facilitate merger or conversion transactions, and applications to facilitate the establishment of thrift holding companies. 2 Under Section 19 of the Federal Deposit Insurance (FDI) Act, an insured institution must receive FDIC approval before employing a person convicted of dishonesty or breach of trust. Under Section 32, the FDIC must approve any change of directors or senior executive officers at a state nonmember bank that is not in compliance with capital requirements or is otherwise in troubled condition. 3 Section 24 of the FDI Act, in general, prohibits a federally-insured state bank from engaging in an activity not permissible for a national bank and requires notices to be filed with the FDIC.

COMBINED RISK AND CONSUMER ENFORCEMENT ACTIONS 2013–2015
2015 2014 2013
Total Number of Actions Initiated by the FDIC 268 320 414
Termination of Insurance   11 3 11
Involuntary Termination   0 0 0
Sec. 8a For Violations, Unsafe/Unsound Practices or Conditions 0 0 0
Voluntary Termination   11 3 11
Sec. 8a By Order Upon Request 0 0 0
Sec. 8p No Deposits 6 3 7
Sec. 8q Deposits Assumed 5 0 4
Sec. 8b Cease-and-Desist Actions 48 57 83
Notices of Charges Issued 3 1 2
Orders to Pay Restitution 9 7 11
Consent Orders 36 48 70
Personal Cease and Desist Orders 0 1 0
Sec. 8e Removal/Prohibition of Director or Officer 88 101 113
Notices of Intention to Remove/Prohibit 4 4 14
Consent Orders 84 97 99
Sec. 8g Suspension/Removal When Charged With Crime 0 2 0
Civil Money Penalties Issued   45 66 94
Sec. 7a Call Report Penalties 0 0 0
Sec. 8i Civil Money Penalties 36 62 81
Sec. 8i Civil Money Penalty Notices of Assessment 9 4 13
Sec. 10c Orders of Investigation 19 16 16
Sec. 19 Waiver Orders   51 69 88
Approved Section 19 Waiver Orders 51 68 86
Denied Section 19 Waiver Orders 0 1 2
Sec. 32 Notices Disapproving Officer/Director’s Request for Review 0 0 0
Truth-in-Lending Act Reimbursement Actions   64 69 98
Denials of Requests for Relief 0 0 0
Grants of Relief 0 0 0
Banks Making Reimbursement* 64 69 98
Suspicious Activity Reports (Open and closed institutions)* 189,505 164,777 123,134
Other Actions Not Listed 6 6 9
* These actions do not constitute the initiation of a formal enforcement action and, therefore, are not included in the total number of actions initiated.

ESTIMATED INSURED DEPOSITS AND THE DEPOSIT INSURANCE FUND, DECEMBER 31, 1934, THROUGH DECEMBER 31, 20151
Dollars in Millions (except Insurance Coverage)
 Deposits in Insured
Institutions2		 Insurance Fund as
a Percentage of
Year Insurance
Coverage2		 Total Domestic
Deposits		 Est. Insured
Deposits		 Percentage
of Insured
Deposits		 Deposit
Insurance
Fund		 Total
Domestic
Deposits		 Est. Insured
Deposits
2015 $250,000 $10,695,512 $6,420,010 60.0 $70,115.2 0.66 1.09
2014 $250,000 $10,408,068 $6,211,168 59.7 $62,780.2 0.60 1.01
2013 $250,000 $9,825,399 $6,010,853 61.2 $47,190.8 0.48 0.79
2012 250,000 9,474,582 7,405,043 78.2 32,957.8 0.35 0.44
2011 250,000 8,782,134 6,973,468 79.4 11,826.5 0.13 0.17
2010 250,000 7,887,733 6,301,528 79.9 (7,352.2) (0.09) (0.12)
2009 250,000 7,705,353 5,407,773 70.2 (20,861.8) (0.27) (0.39)
2008 100,000 7,505,408 4,750,783 63.3 17,276.3 0.23 0.36
2007 100,000 6,921,678 4,292,211 62.0 52,413.0 0.76 1.22
2006 100,000 6,640,097 4,153,808 62.6 50,165.3 0.76 1.21
2005 100,000 6,229,823 3,891,000 62.5 48,596.6 0.78 1.25
2004 100,000 5,724,775 3,622,213 63.3 47,506.8 0.83 1.31
2003 100,000 5,224,030 3,452,606 66.1 46,022.3 0.88 1.33
2002 100,000 4,916,200 3,383,720 68.8 43,797.0 0.89 1.29
2001 100,000 4,565,068 3,216,585 70.5 41,373.8 0.91 1.29
2000 100,000 4,211,895 3,055,108 72.5 41,733.8 0.99 1.37
1999 100,000 3,885,826 2,869,208 73.8 39,694.9 1.02 1.38
1998 100,000 3,817,150 2,850,452 74.7 39,452.1 1.03 1.38
1997 100,000 3,602,189 2,746,477 76.2 37,660.8 1.05 1.37
1996 100,000 3,454,556 2,690,439 77.9 35,742.8 1.03 1.33
1995 100,000 3,318,595 2,663,873 80.3 28,811.5 0.87 1.08
1994 100,000 3,184,410 2,588,619 81.3 23,784.5 0.75 0.92
1993 100,000 3,220,302 2,602,781 80.8 14,277.3 0.44 0.55
1992 100,000 3,275,530 2,677,709 81.7 178.4 0.01 0.01
1991 100,000 3,331,312 2,733,387 82.1 (6,934.0) (0.21) (0.25)
1990 100,000 3,415,464 2,784,838 81.5 4,062.7 0.12 0.15
1989 100,000 3,412,503 2,755,471 80.7 13,209.5 0.39 0.48
1988 100,000 2,337,080 1,756,771 75.2 14,061.1 0.60 0.80
1987 100,000 2,198,648 1,657,291 75.4 18,301.8 0.83 1.10
1986 100,000 2,162,687 1,636,915 75.7 18,253.3 0.84 1.12
1985 100,000 1,975,030 1,510,496 76.5 17,956.9 0.91 1.19
1984 100,000 1,805,334 1,393,421 77.2 16,529.4 0.92 1.19
1983 100,000 1,690,576 1,268,332 75.0 15,429.1 0.91 1.22
1982 100,000 1,544,697 1,134,221 73.4 13,770.9 0.89 1.21
1981 100,000 1,409,322 988,898 70.2 12,246.1 0.87 1.24
1980 100,000 1,324,463 948,717 71.6 11,019.5 0.83 1.16
1979 40,000 1,226,943 808,555 65.9 9,792.7 0.80 1.21
1978 40,000 1,145,835 760,706 66.4 8,796.0 0.77 1.16
1977 40,000 1,050,435 692,533 65.9 7,992.8 0.76 1.15
1976 40,000 941,923 628,263 66.7 7,268.8 0.77 1.16
1975 40,000 875,985 569,101 65.0 6,716.0 0.77 1.18
1974 40,000 833,277 520,309 62.4 6,124.2 0.73 1.18
1973 20,000 766,509 465,600 60.7 5,615.3 0.73 1.21
1972 20,000 697,480 419,756 60.2 5,158.7 0.74 1.23
1971 20,000 610,685 374,568 61.3 4,739.9 0.78 1.27
1970 20,000 545,198 349,581 64.1 4,379.6 0.80 1.25
1969 20,000 495,858 313,085 63.1 4,051.1 0.82 1.29
1968 15,000 491,513 296,701 60.4 3,749.2 0.76 1.26
1967 15,000 448,709 261,149 58.2 3,485.5 0.78 1.33
1966 15,000 401,096 234,150 58.4 3,252.0 0.81 1.39
1965 10,000 377,400 209,690 55.6 3,036.3 0.80 1.45
1964 10,000 348,981 191,787 55.0 2,844.7 0.82 1.48
1963 10,000 313,304 177,381 56.6 2,667.9 0.85 1.50
1962 10,000 297,548 170,210 57.2 2,502.0 0.84 1.47
1961 10,000 281,304 160,309 57.0 2,353.8 0.84 1.47
1960 10,000 260,495 149,684 57.5 2,222.2 0.85 1.48
1959 10,000 247,589 142,131 57.4 2,089.8 0.84 1.47
1958 10,000 242,445 137,698 56.8 1,965.4 0.81 1.43
1957 10,000 225,507 127,055 56.3 1,850.5 0.82 1.46
1956 10,000 219,393 121,008 55.2 1,742.1 0.79 1.44
1955 10,000 212,226 116,380 54.8 1,639.6 0.77 1.41
1954 10,000 203,195 110,973 54.6 1,542.7 0.76 1.39
1953 10,000 193,466 105,610 54.6 1,450.7 0.75 1.37
1952 10,000 188,142 101,841 54.1 1,363.5 0.72 1.34
1951 10,000 178,540 96,713 54.2 1,282.2 0.72 1.33
1950 10,000 167,818 91,359 54.4 1,243.9 0.74 1.36
1949 5,000 156,786 76,589 48.8 1,203.9 0.77 1.57
1948 5,000 153,454 75,320 49.1 1,065.9 0.69 1.42
1947 5,000 154,096 76,254 49.5 1,006.1 0.65 1.32
1946 5,000 148,458 73,759 49.7 1,058.5 0.71 1.44
1945 5,000 157,174 67,021 42.6 929.2 0.59 1.39
1944 5,000 134,662 56,398 41.9 804.3 0.60 1.43
1943 5,000 111,650 48,440 43.4 703.1 0.63 1.45
1942 5,000 89,869 32,837 36.5 616.9 0.69 1.88
1941 5,000 71,209 28,249 39.7 553.5 0.78 1.96
1940 5,000 65,288 26,638 40.8 496.0 0.76 1.86
1939 5,000 57,485 24,650 42.9 452.7 0.79 1.84
1938 5,000 50,791 23,121 45.5 420.5 0.83 1.82
1937 5,000 48,228 22,557 46.8 383.1 0.79 1.70
1936 5,000 50,281 22,330 44.4 343.4 0.68 1.54
1935 5,000 45,125 20,158 44.7 306.0 0.68 1.52
1934 5,000 40,060 18,075 45.1 291.7 0.73 1.61
1 For 2015, figures are as of September 30; all other prior years are as of December 31. Prior to 1989, figures are for the Bank Insurance Fund (BIF) only and exclude insured branches of foreign banks. For 1989 to 2005, figures represent the sum of the BIF and Savings Association Insurance Fund (SAIF) amounts; for 2006 to 2015, figures are for DIF. Amounts for 1989-2015 include insured branches of foreign banks. Prior to year-end 1991, insured deposits were estimated using percentages determined from June Call and Thrift Financial Reports. 2 The year-end 2008 coverage limit and estimated insured deposits do not reflect the temporary increase to $250,000 then in effect under the Emergency Economic Stabilization Act of 2008. The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) Act made this coverage limit permanent. The year-end 2009 coverage limit and estimated insured deposits reflect the $250,000 coverage limit. The Dodd-Frank Act also temporarily provided unlimited coverage for non-interest bearing transaction accounts for two years beginning December 31, 2010. Coverage for certain retirement accounts increased to $250,000 in 2006. Initial coverage limit was $2,500 from January 1 to June 30, 1934.

INCOME AND EXPENSES, DEPOSIT INSURANCE FUND, FROM BEGINNING OF OPERATIONS,
SEPTEMBER 11, 1933, THROUGH DECEMBER 31, 2015
Dollars in Millions
Income Expenses and Losses
Year Total Assessment
Income		 Assessment
Credits		 Investment
and Other		 Effective
Assessment
Rate1		 Total Provision for Ins. Losses Admin. and Operating Expenses2 Interest & Other Ins. Expenses Funding Transfer from the FSLIC Resolution Fund Net Income/
(Loss)
Total $219,955.3 $155,013.6 $11,392.9 $76,334.6   $147,597.3 $110,042.2 $28,094.6 $9,460.5 $139.5 $72,497.5
2015 9,303.5 8,846.8 0.0 456.7 0.0656% (553.2) (2,251.3) 1,687.2 10.9 0 9,856.7
2014 8,965.1 8,656.1 0.0 309.0 0.0664 (6,634.7) (8,305.5) 1,664.3 6.5 0 15,599.8
2013 10,458.9 9,734.2 0.0 724.7 0.0776 (4,045.9) (5,659.4) 1,608.7 4.8 0 14,504.8
2012 18,522.3 12,397.2 0.2 6,125.3 0.1012 (2,599.0) (4,222.6) 1,777.5 (153.9) 0 21,121.3
2011 16,342.0 13,499.5 0.9 2,843.4 0.1115 (2,915.4) (4,413.6) 1,625.4 (127.2) 0 19,257.4
2010 13,379.9 13,611.2 0.8 (230.5) 0.1772 75.0 (847.8) 1,592.6 (669.8) 0 13,304.9
2009 24,706.4 17,865.4 148.0 6,989.0 0.2330 60,709.0 57,711.8 1,271.1 1,726.1 0 (36,002.6)
2008 7,306.3 4,410.4 1,445.9 4,341.8 0.0418 44,339.5 41,838.8 1,033.5 1,467.2 0 (37,033.2)
2007 3,196.2 3,730.9 3,088.0 2,553.3 0.0093 1,090.9 95.0 992.6 3.3 0 2,105.3
2006 2,643.5 31.9 0.0 2,611.6 0.0005 904.3 (52.1) 950.6 5.8 0 1,739.2
2005 2,420.5 60.9 0.0 2,359.6 0.0010 809.3 (160.2) 965.7 3.8 0 1,611.2
2004 2,240.3 104.2 0.0 2,136.1 0.0019 607.6 (353.4) 941.3 19.7 0 1,632.7
2003 2,173.6 94.8 0.0 2,078.8 0.0019 (67.7) (1,010.5) 935.5 7.3 0 2,241.3
2002 2,384.7 107.8 0.0 2,276.9 0.0023 719.6 (243.0) 945.1 17.5 0 1,665.1
2001 2,730.1 83.2 0.0 2,646.9 0.0019 3,123.4 2,199.3 887.9 36.2 0 (393.3)
2000 2,570.1 64.3 0.0 2,505.8 0.0016 945.2 28.0 883.9 33.3 0 1,624.9
1999 2,416.7 48.4 0.0 2,368.3 0.0013 2,047.0 1,199.7 823.4 23.9 0 369.7
1998 2,584.6 37.0 0.0 2,547.6 0.0010 817.5 (5.7) 782.6 40.6 0 1,767.1
1997 2,165.5 38.6 0.0 2,126.9 0.0011 247.3 (505.7) 677.2 75.8 0 1,918.2
1996 7,156.8 5,294.2 0.0 1,862.6 0.1622 353.6 (417.2) 568.3 202.5 0 6,803.2
1995 5,229.2 3,877.0 0.0 1,352.2 0.1238 202.2 (354.2) 510.6 45.8 0 5,027.0
1994 7,682.1 6,722.7 0.0 959.4 0.2192 (1,825.1) (2,459.4) 443.2 191.1 0 9,507.2
1993 7,354.5 6,682.0 0.0 672.5 0.2157 (6,744.4) (7,660.4) 418.5 497.5 0 14,098.9
1992 6,479.3 5,758.6 0.0 720.7 0.1815 (596.8) (2,274.7) 614.83 1,063.1 35.4 7,111.5
1991 5,886.5 5,254.0 0.0 632.5 0.1613 16,925.3 15,496.2 326.1 1,103.0 42.4 (10,996.4)
1990 3,855.3 2,872.3 0.0 983.0 0.0868 13,059.3 12,133.1 275.6 650.6 56.1 (9,147.9)
1989 3,494.8 1,885.0 0.0 1,609.8 0.0816 4,352.2 3,811.3 219.9 321.0 5.6 (851.8)
1988 3,347.7 1,773.0 0.0 1,574.7 0.0825 7,588.4 6,298.3 223.9 1,066.2 0 (4,240.7)
1987 3,319.4 1,696.0 0.0 1,623.4 0.0833 3,270.9 2,996.9 204.9 69.1 0 48.5
1986 3,260.1 1,516.9 0.0 1,743.2 0.0787 2,963.7 2,827.7 180.3 (44.3) 0 296.4
1985 3,385.5 1,433.5 0.0 1,952.0 0.0815 1,957.9 1,569.0 179.2 209.7 0 1,427.6
1984 3,099.5 1,321.5 0.0 1,778.0 0.0800 1,999.2 1,633.4 151.2 214.6 0 1,100.3
1983 2,628.1 1,214.9 164.0 1,577.2 0.0714 969.9 675.1 135.7 159.1 0 1,658.2
1982 2,524.6 1,108.9 96.2 1,511.9 0.0769 999.8 126.4 129.9 743.5 0 1,524.8
1981 2,074.7 1,039.0 117.1 1,152.8 0.0714 848.1 320.4 127.2 400.5 0 1,226.6
1980 1,310.4 951.9 521.1 879.6 0.0370 83.6 (38.1) 118.2 3.5 0 1,226.8
1979 1,090.4 881.0 524.6 734.0 0.0333 93.7 (17.2) 106.8 4.1 0 996.7
1978 952.1 810.1 443.1 585.1 0.0385 148.9 36.5 103.3 9.1 0 803.2
1977 837.8 731.3 411.9 518.4 0.0370 113.6 20.8 89.3 3.5 0 724.2
1976 764.9 676.1 379.6 468.4 0.0370 212.3 28.0 180.44 3.9 0 552.6
1975 689.3 641.3 362.4 410.4 0.0357 97.5 27.6 67.7 2.2 0 591.8
1974 668.1 587.4 285.4 366.1 0.0435 159.2 97.9 59.2 2.1 0 508.9
1973 561.0 529.4 283.4 315.0 0.0385 108.2 52.5 54.4 1.3 0 452.8
1972 467.0 468.8 280.3 278.5 0.0333 65.7 10.1 49.6 6.05 0 401.3
1971 415.3 417.2 241.4 239.5 0.0345 60.3 13.4 46.9 0.0 0 355.0
1970 382.7 369.3 210.0 223.4 0.0357 46.0 3.8 42.2 0.0 0 336.7
1969 335.8 364.2 220.2 191.8 0.0333 34.5 1.0 33.5 0.0 0 301.3
1968 295.0 334.5 202.1 162.6 0.0333 29.1 0.1 29.0 0.0 0 265.9
1967 263.0 303.1 182.4 142.3 0.0333 27.3 2.9 24.4 0.0 0 235.7
1966 241.0 284.3 172.6 129.3 0.0323 19.9 0.1 19.8 0.0 0 221.1
1965 214.6 260.5 158.3 112.4 0.0323 22.9 5.2 17.7 0.0 0 191.7
1964 197.1 238.2 145.2 104.1 0.0323 18.4 2.9 15.5 0.0 0 178.7
1963 181.9 220.6 136.4 97.7 0.0313 15.1 0.7 14.4 0.0 0 166.8
1962 161.1 203.4 126.9 84.6 0.0313 13.8 0.1 13.7 0.0 0 147.3
1961 147.3 188.9 115.5 73.9 0.0323 14.8 1.6 13.2 0.0 0 132.5
1960 144.6 180.4 100.8 65.0 0.0370 12.5 0.1 12.4 0.0 0 132.1
1959 136.5 178.2 99.6 57.9 0.0370 12.1 0.2 11.9 0.0 0 124.4
1958 126.8 166.8 93.0 53.0 0.0370 11.6 0.0 11.6 0.0 0 115.2
1957 117.3 159.3 90.2 48.2 0.0357 9.7 0.1 9.6 0.0 0 107.6
1956 111.9 155.5 87.3 43.7 0.0370 9.4 0.3 9.1 0.0 0 102.5
1955 105.8 151.5 85.4 39.7 0.0370 9.0 0.3 8.7 0.0 0 96.8
1954 99.7 144.2 81.8 37.3 0.0357 7.8 0.1 7.7 0.0 0 91.9
1953 94.2 138.7 78.5 34.0 0.0357 7.3 0.1 7.2 0.0 0 86.9
1952 88.6 131.0 73.7 31.3 0.0370 7.8 0.8 7.0 0.0 0 80.8
1951 83.5 124.3 70.0 29.2 0.0370 6.6 0.0 6.6 0.0 0 76.9
1950 84.8 122.9 68.7 30.6 0.0370 7.8 1.4 6.4 0.0 0 77.0
1949 151.1 122.7 0.0 28.4 0.0833 6.4 0.3 6.1 0.0 0 144.7
1948 145.6 119.3 0.0 26.3 0.0833 7.0 0.7 6.36 0.0 0 138.6
1947 157.5 114.4 0.0 43.1 0.0833 9.9 0.1 9.8 0.0 0 147.6
1946 130.7 107.0 0.0 23.7 0.0833 10.0 0.1 9.9 0.0 0 120.7
1945 121.0 93.7 0.0 27.3 0.0833 9.4 0.1 9.3 0.0 0 111.6
1944 99.3 80.9 0.0 18.4 0.0833 9.3 0.1 9.2 0.0 0 90.0
1943 86.6 70.0 0.0 16.6 0.0833 9.8 0.2 9.6 0.0 0 76.8
1942 69.1 56.5 0.0 12.6 0.0833 10.1 0.5 9.6 0.0 0 59.0
1941 62.0 51.4 0.0 10.6 0.0833 10.1 0.6 9.5 0.0 0 51.9
1940 55.9 46.2 0.0 9.7 0.0833 12.9 3.5 9.4 0.0 0 43.0
1939 51.2 40.7 0.0 10.5 0.0833 16.4 7.2 9.2 0.0 0 34.8
1938 47.7 38.3 0.0 9.4 0.0833 11.3 2.5 8.8 0.0 0 36.4
1937 48.2 38.8 0.0 9.4 0.0833 12.2 3.7 8.5 0.0 0 36.0
1936 43.8 35.6 0.0 8.2 0.0833 10.9 2.6 8.3 0.0 0 32.9
1935 20.8 11.5 0.0 9.3 0.0833 11.3 2.8 8.5 0.0 0 9.5
1933-34 7.0 0.0 0.0 7.0 N/A 10.0 0.2 9.8 0.0 0 (3.0)
1 Figures represent only BIF-insured institutions prior to 1990, BIF- and SAIF-insured institutions from 1990 through 2005, and DIF-insured institutions beginning in 2006. After 1995, all thrift closings became the responsibility of the FDIC and amounts are reflected in the SAIF. The effective assessment rate is calculated from annual assessment income (net of assessment credits), excluding transfers to the Financing Corporation (FICO), Resolution Funding Corporation (REFCORP) and FSLIC Resolution Fund, divided by the four quarter average assessment base. The effective rates from 1950 through 1984 varied from the statutory rate of 0.0833 percent due to assessment credits provided in those years. The statutory rate increased to 0.12 percent in 1990 and to a minimum of 0.15 percent in 1991. The effective rates in 1991 and 1992 varied because the FDIC exercised new authority to increase assessments above the statutory minimum rate when needed. Beginning in 1993, the effective rate was based on a risk-related premium system under which institutions paid assessments in the range of 0.23 percent to 0.31 percent. In May 1995, the BIF reached the mandatory recapitalization level of 1.25 percent. As a result, BIF assessment rates were reduced to a range of 0.04 percent to 0.31 percent of assessable deposits, effective June 1995, and assessments totaling $1.5 billion were refunded in September 1995. Assessment rates for the BIF were lowered again to a range of 0 to 0.27 percent of assessable deposits, effective the start of 1996. In 1996, the SAIF collected a one-time special assessment of $4.5 billion. Subsequently, assessment rates for the SAIF were lowered to the same range as the BIF, effective October 1996. This range of rates remained unchanged for both funds through 2006. As part of the implementation of the Federal Deposit Insurance Reform Act of 2005, assessment rates were increased to a range of 0.05 percent to 0.43 percent of assessable deposits effective at the start of 2007, but many institutions received a one-time assessment credit ($4.7 billion in total) to offset the new assessments. For the first quarter of 2009, assessment rates were increased to a range of 0.12 to 0.50 percent of assessable deposits. On June 30, 2009, a special assessment was imposed on all insured banks and thrifts, which amounted in aggregate to approximately $5.4 billion. For 8,106 institutions, with $9.3 trillion in assets, the special assessment was 5 basis points of each institutionís assets minus tier one capital; 89 other institutions, with assets of $4.0 trillion, had their special assessment capped at 10 basis points of their second quarter assessment base. From the second quarter of 2009 through the first quarter of 2011, initial assessment rates ranged between 0.12 and 0.45 percent of assessable deposits. Initial rates are subject to further adjustments. Beginning in the second quarter of 2011, the assessment base changed to average total consolidated assets less average tangible equity (with certain adjustments for bankerís banks and custodial banks), as required by the Dodd-Frank Act. The FDIC implemented a new assessment rate schedule at the same time to conform to the larger assessment base. Initial assessment rates were lowered to a range of 0.05 to 0.35 percent of the new base. The annualized assessment rates averaged approximately 17.6 cents per $100 of assessable deposits for the first quarter of 2011 and 11.1 cents per $100 of the new base for the last three quarters of 2011 (which is the figure shown in the table). The effective assessment rate for 2015 is based on year-to-date assessment income through September 30, 2015, divided by a three quarter average of the quarterly assessment base; the quotient is annualized. 2 These expenses, which are presented as operating expenses in the Statement of Income and Fund Balance, pertain to the FDIC in its corporate capacity only and do not include costs that are charged to the failed bank receiverships that are managed by the FDIC. The receivership expenses are presented as part of the ìReceivables from Resolutions, netî line on the Balance Sheet. The narrative and graph presented on page 85 of this report shows the aggregate (corporate and receivership) expenditures of the FDIC. 3 Includes $210 million for the cumulative effect of an accounting change for certain postretirement benefits (1992). 4 Includes a $106 million net loss on government securities. (1976) 5 This amount represents interest and other insurance expenses from 1933 to 1972. 6 Includes the aggregate amount of $81 million of interest paid on capital stock between 1933 and 1948.

FDIC INSURED INSTITUTIONS CLOSED DURING 2015
Dollars in Thousands
Codes for Bank Class:
NM = State-chartered bank that is not a member of the Federal Reserve System
N = National Bank
 SB = Savings Bank
SI = Stock and Mutual Savings Bank
 SM = State-chartered bank that is a member of the Federal Reserve System
SA = Savings Association
Name and Location
 Bank
Class
 Number
of
Deposit Accounts
 Total
Assets1
 Total
Deposits1
 Insured
Deposit Funding
and Other Disbursements
 Estimated Loss to
the DIF2
 Date of Closing
or
Acquisition
 Receiver/Assuming
Bank and Location
Purchase and Assumption – All Deposits
First National Bank of Crestview
Crestview, FL		 N 4,701 $73,804 $73,199 $73,338 $5,971 01/16/15 First NBC Bank
New Orleans, LA
Highland Community Bank
Chicago, IL		 NM 2,807 $54,727 $53,453 $49,333 $5,573 01/23/15 United Fidelity Bank, FSB
Evansville, IN
Capitol City Bank and Trust Company
Atlanta, GA		 NM 14,296 $272,311 $262,652 $269,980 $101,770 02/13/15 First-Citizens Bank and Trust Company
Raleigh, NC
Doral Bank
San Juan, PR		 NM 207,722 $5,898,515 $4,097,734 $3,776,774 $669,343 02/27/15 Banco Popular de Puerto Rico
Hato Rey, PR
Edgebrook Bank
Chicago, IL		 NM 1,614 $90,034 $90,007 $90,434 $16,782 05/08/15 Republic Bank of Chicago
Oak Brook, IL
Premier Bank
Denver, CO		 SM 1,215 $26,760 $25,480 $25,665 $4,394 07/10/15 United Fidelity Bank, FSB
Evansville, IN
The Bank of Georgia
Peachtree City, GA		 NM 13,204 $286,102 $264,234 $266,869 $23,155 10/02/15 Fidelity Bank
Atlanta, GA
Hometown National Bank
Longview, WA		 N 297 $3,785 $3,705 $3,910 $1,614 10/02/15 Twin City Bank
Longview, WA
1 Total Assets and Total Deposits data are based upon the last Call Report filed by the institution prior to failure. 2 Estimated losses are as of December 31, 2015. Estimated losses are routinely adjusted with updated information from new appraisals and asset sales, which ultimately affect the asset values and projected recoveries. Represents the estimated loss to the DIF from deposit insurance obligations.

RECOVERIES AND LOSSES BY THE DEPOSIT INSURANCE FUND ON DISBURSEMENTS
FOR THE PROTECTION OF DEPOSITORS, 1934 - 2015
Dollars in Thousands
Bank and Thrift Failures1
Year2 Number of Banks/
Thrifts		 Total
Assets3		 Total
Deposits3		 Funding4
 Recoveries5 Estimated Additional Recoveries Final and
Estimated Losses6
Total 2,610 $941,284,493 $708,282,924 $574,389,053 $408,846,768 $56,802,281 $108,740,004
2015 8 6,706,038 4,870,464 4,556,304 560,000 3,167,702 828,602
2014 18 2,913,503 2,691,485 2,677,550 320,142 1,949,750 407,658
2013 24 6,044,051 5,132,246 4,812,554 168,935 3,328,535 1,315,084
2012 51 11,617,348 11,009,630 10,141,109 1,633,237 5,926,222 2,581,650
2011 92 34,922,997 31,071,862 29,829,649 2,782,790 20,169,924 6,764,024
20107 157 92,084,988 78,290,185 80,238,225 54,190,861 9,317,868 16,729,496
20097 140 169,709,160 137,783,121 133,847,404 92,526,431 12,777,858 28,543,115
20087 25 371,945,480 234,321,715 205,453,181 184,246,546 2,781,758 18,424,877
2007 3 2,614,928 2,424,187 1,920,444 1,451,701 302,160 166,583
2006 0 0 0 0 0 0 0
2005 0 0 0 0 0 0 0
2004 4 170,099 156,733 139,121 134,978 226 3,917
2003 3 947,317 901,978 883,772 812,933 8,192 62,647
2002 11 2,872,720 2,512,834 520,543 1,711,1793 (1,540,947) 350,317
2001 4 1,821,760 1,661,214 21,131 1,138,677 (1,410,011) 292,465
2000 7 410,160 342,584 297,313 265,175 0 32,138
1999 8 1,592,189 1,320,573 1,307,876 711,758 5,801 590,317
1998 3 290,238 260,675 292,839 58,248 11,541 223,050
1997 1 27,923 27,511 25,546 20,520 0 5,026
1996 6 232,634 230,390 201,533 140,918 0 60,615
1995 6 802,124 776,387 609,043 524,571 0 84,472
1994 13 1,463,874 1,397,018 1,224,769 1,045,718 0 179,051
1993 41 3,828,939 3,509,341 3,841,658 3,209,012 0 632,646
1992 120 45,357,237 39,921,310 14,541,477 10,866,760 704 3,674,013
1991 124 64,556,512 52,972,034 21,500,010 15,496,730 4,998 5,998,282
1990 168 16,923,462 15,124,454 10,812,484 8,040,995 0 2,771,489
1989 206 28,930,572 24,152,468 11,443,281 5,247,995 0 6,195,286
1988 200 38,402,475 26,524,014 10,432,655 5,055,158 0 5,377,497
1987 184 6,928,889 6,599,180 4,876,994 3,014,502 0 1,862,492
1986 138 7,356,544 6,638,903 4,632,121 2,949,583 0 1,682,538
1985 116 3,090,897 2,889,801 2,154,955 1,506,776 0 648,179
1984 78 2,962,179 2,665,797 2,165,036 1,641,157 0 523,879
1983 44 3,580,132 2,832,184 3,042,392 1,973,037 0 1,069,355
1982 32 1,213,316 1,056,483 545,612 419,825 0 125,787
1981 7 108,749 100,154 114,944 105,956 0 8,988
1980 10 239,316 219,890 152,355 121,675 0 30,680
1934 - 1979 558 8,615,743 5,842,119 5,133,173 4,752,295 0 380,878

RECOVERIES AND LOSSES BY THE DEPOSIT INSURANCE FUND ON DISBURSEMENTS
FOR THE PROTECTION OF DEPOSITORS, 1934 - 2015 (continued)
Dollars in Thousands
Assistance Transactions
Year2 Number
of Banks/
Thrifts		 Total
Assets3		 Total
Deposits3		 Funding4 Recoveries5 Estimated
Additional
Recoveries		 Final and
Estimated Losses6
Total 154 $3,317,099,253 $1,442,173,417 $11,630,356 $6,199,875 $0 $5,430,481
2015 0 0 0 0 0 0 0
2014 0 0 0 0 0 0 0
2013 0 0 0 0 0 0 0
2012 0 0 0 0 0 0 0
2011 0 0 0 0 0 0 0
2010 0 0 0 0 0 0 0
20098 8 1,917,482,183 1,090,318,282 0 0 0 0
20088 5 1,306,041,994 280,806,966 0 0 0 0
2007 0 0 0 0 0 0 0
2006 0 0 0 0 0 0 0
2005 0 0 0 0 0 0 0
2004 0 0 0 0 0 0 0
2003 0 0 0 0 0 0 0
2002 0 0 0 0 0 0 0
2001 0 0 0 0 0 0 0
2000 0 0 0 0 0 0 0
1999 0 0 0 0 0 0 0
1998 0 0 0 0 0 0 0
1997 0 0 0 0 0 0 0
1996 0 0 0 0 0 0 0
1995 0 0 0 0 0 0 0
1994 0 0 0 0 0 0 0
1993 0 0 0 0 0 0 0
1992 2 33,831 33,117 1,486 1,236 0 250
1991 3 78,524 75,720 6,117 3,093 0 3,024
1990 1 14,206 14,628 4,935 2,597 0 2,338
1989 1 4,438 6,396 2,548 252 0 2,296
1988 80 15,493,939 11,793,702 1,730,351 189,709 0 1,540,642
1987 19 2,478,124 2,275,642 160,877 713 0 160,164
1986 7 712,558 585,248 158,848 65,669 0 93,179
1985 4 5,886,381 5,580,359 765,732 406,676 0 359,056
1984 2 40,470,332 29,088,247 5,531,179 4,414,904 0 1,116,275
1983 4 3,611,549 3,011,406 764,690 427,007 0 337,683
1982 10 10,509,286 9,118,382 1,729,538 686,754 0 1,042,784
1981 3 4,838,612 3,914,268 774,055 1,265 0 772,790
1980 1 7,953,042 5,001,755 0 0 0 0
1934 - 1979 4 1,490,254 549,299 0 0 0 0
1 Institutions for which the FDIC is appointed receiver, including deposit payoff, insured deposit transfer, and deposit assumption cases. 2 For 1990 through 2005, amounts represent the sum of BIF and SAIF failures (excluding those handled by the RTC); prior to 1990, figures are only for the BIF. After 1995, all thrift closings became the responsibility of the FDIC and amounts are reflected in the SAIF. For 2006 to 2015, figures are for the DIF. 3 Assets and deposit data are based on the last Call Report or TFR filed before failure. 4 Funding represents the amounts provided by the DIF to receiverships for subrogated claims, advances for working capital, and administrative expenses paid on their behalf. Beginning in 2008, the DIF resolves failures using whole-bank purchase and assumption transactions, most with an accompanying shared-loss agreement (SLA). The DIF satifies any resulting liabilities by offsetting receivables from resolutions when receiverships declare a dividend and/or sending cash directly to receiverships to fund an SLA and other expenses. 5 Recoveries represent cash received and dividends (cash and non-cash) declared by receiverships. 6 Final losses represent actual losses for unreimbursed subrogated claims of inactivated receiverships. Estimated losses represent the difference between the amount paid by the DIF to cover obligations to insured depositors and the estimated recoveries from the liquidation of receivership assets. 7 Includes amounts related to transaction account coverage under the Transaction Account Guarantee Program (TAG). The estimated losses as of December 31, 2015, for TAG accounts in 2010, 2009, and 2008 are $388 million, $1.186 million, and $13 million, respectively. 8 Includes institutions where assistance was provided under a systemic risk determination.

NUMBER, ASSETS, DEPOSITS, LOSSES, AND LOSS TO FUNDS OF INSURED THRIFTS
TAKEN OVER OR CLOSED BECAUSE OF FINANCIAL DIFFICULTIES, 1989 THROUGH 19951
Dollars in Thousands
Year Number
of
Thrifts		 Assets Deposits Estimated Receivership Loss2 Loss to Funds3
Total 748 $393,986,574 $318,328,770 $75,977,846 $81,581,089
1995 2 423,819 414,692 28,192 27,750
1994 2 136,815 127,508 11,472 14,599
1993 10 6,147,962 5,708,253 267,595 65,212
1992 59 44,196,946 34,773,224 3,286,908 3,832,145
1991 144 78,898,904 65,173,122 9,235,967 9,734,263
1990 213 129,662,498 98,963,962 16,062,685 19,257,578
19894 318 134,519,630 113,168,009 47,085,027 48,649,542
1 Beginning in 1989 through July 1, 1995, all thrift closings were the responsibility of the Resolution Trust Corporation (RTC). Since the RTC was terminated on December 31, 1995, and all assets and liabilities transferred to the FSLIC Resolution Fund (FRF), all the results of the thrift closing activity from 1989 through 1995 are now reflected on FRF’s books. Year is the year of failure, not the year of resolution. 2 The Estimated Receivership Loss represents the projected loss at the fund level from receiverships for unreimbursed subrogated claims of the FRF and unpaid advances to receiverships from the FRF. 3 The Loss to Funds represents the total resolution cost of the failed thrifts in the FRF-RTC fund, which includes corporate revenue and expense items such as interest expense on Federal Financing Bank debt, interest expense on escrowed funds, and interest revenue on advances to receiverships, in addition to the estimated losses for receiverships. 4 Total for 1989 excludes nine failures of the former FSLIC.

 

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