FDIC: 2017 Annual Report - Appendix A. Key Statistics
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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

2017 Annual Report

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VI. APPENDICES

A. KEY STATISTICS

FDIC ACTIONS ON FINANCIAL INSTITUTIONS APPLICATIONS
2015–2017
  2017 2016 2015
Deposit Insurance 12 7 5
Approved1 12 7 5
Denied 0 0 0
New Branches 500 507 548
Approved 500 507 548
Denied 0 0 0
Mergers 218 245 270
Approved 218 245 270
Denied 0 0 0
Requests for Consent to Serve2 104 167 240
Approved 104 164 239
Section 19 1 9 7
Section 32 103 155 232
Denied 0 3 1
Section 19 0 0 0
Section 32 0 3 1
Notices of Change in Control 17 14 20
Letters of Intent Not to Disapprove 17 14 20
Disapproved 0 0 0
Brokered Deposit Waivers 12 14 20
Approved 11 13 20
Denied 1 1 0
Savings Association Activities 1 0 1
Approved 1 0 1
Denied 0 0 0
State Bank Activities/Investments3 2 5 10
Approved 2 5 10
Denied 0 0 0
Conversion of Mutual Institutions 5 5 4
Non-Objection 5 5 4
Objection 0 0 0
1Includes 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. 2Under 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. 3Section 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
2015–2017
  2017 2016 2015
Total Number of Actions Initiated by the FDIC 231 259 268
Termination of Insurance   9 5 11
Involuntary Termination   0 0 0
Sec. 8a For Violations, Unsafe/Unsound Practices or Conditions 0 0 0
Voluntary Termination   9 5 11
Sec. 8a By Order Upon Request 0 0 0
Sec. 8p No Deposits 8 5 6
Sec. 8q Deposits Assumed 1 0 5
Sec. 8b Cease-and-Desist Actions 26 30 48
Notices of Charges Issued 0 2 3
Orders to Pay Restitution 4 0 9
Consent Orders 14 26 36
Personal Cease and Desist Orders 8 2 0
Sec. 8e Removal/Prohibition of Director or Officer 65 97 88
Notices of Intention to Remove/Prohibit 7 8 4
Consent Orders 58 89 84
Sec. 8g Suspension/Removal When Charged With Crime 0 0 0
Civil Money Penalties Issued   47 37 45
Sec. 7a Call Report Penalties 0 0 0
Sec. 8i Civil Money Penalties 42 34 36
Sec. 8i Civil Money Penalty Notices of Assessment 5 3 9
Sec. 10c Orders of Investigation 9 10 19
Sec. 19 Waiver Orders   71 72 51
Approved Section 19 Waiver Orders 71 72 51
Denied Section 19 Waiver Orders 0 0 0
Sec. 32 Notices Disapproving Officer/Director’s Request for Review 0 1 0
Truth-in-Lending Act Reimbursement Actions   135 83 64
Denials of Requests for Relief 0 0 0
Grants of Relief 0 0 0
Banks Making Reimbursement* 135 83 64
Suspicious Activity Reports (Open and closed institutions)* 182,647 222,836 189,505
Other Actions Not Listed 4 7 6
*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, 20171
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 Domestic
Deposits
Deposit
Insurance
Fund
Total
Domestic
Deposits
Est. Insured
Deposits
2017 $250,000 $11,963,382 $7,091,993 59.3 $90,505.9 0.76 1.28
2016 250,000 11,691,575 6,914,305 59.1 83,161.5 0.71 1.2
2015 250,000 10,950,122 6,522,388 59.6 72,600.2 0.66 1.11
2014 250,000 10,408,187 6,196,472 59.5 62,780.2 0.6 1.01
2013 250,000 9,825,479 5,998,238 61.0 47,190.8 0.48 0.79
2012 250,000 9,474,720 7,402,053 78.1 32,957.8 0.35 0.45
2011 250,000 8,782,291 6,973,483 79.4 11,826.5 0.13 0.17
2010 250,000 7,887,858 6,301,542 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 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 6,229,753 3,890,930 62.5 48,596.6 0.78 1.25
2004 100,000 5,724,621 3,622,059 63.3 47,506.8 0.83 1.31
2003 100,000 5,223,922 3,452,497 66.1 46,022.3 0.88 1.33
2002 100,000 4,916,078 3,383,598 68.8 43,797.0 0.89 1.29
2001 100,000 4,564,064 3,215,581 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 0.6 0.8
1987 100,000 2,198,648 1,657,291 75.4 18,301.8 0.83 1.1
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 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 0.8 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 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 0.8 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 0.8 1.45
1964 10,000 348,981 191,787 55 2,844.7 0.82 1.48
1963 10,000 313,304 177,381 56.6 2,667.9 0.85 1.5
1962 10,000 297,548 170,210 57.2 2,502.0 0.84 1.47
1961 10,000 281,304 160,309 57 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 1.7
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
1For 2017, 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 2017, figures are for DIF. Amounts for 1989-2017 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. 2The 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, 2017
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 $242,293.1 $175,595.0 $11,392.9 $78,091.0   $149,306.1 $108,291.2 $31,549.0 $9,466.0 $139.5 $93,126.5
2017 11,663.7 10,594.8 0.0 1,068.9 0.0717% 1,558.2 (183.1) 1,739.4 2.0 0 10,105.5
2016 10,674.1 9,986.6 0.0 687.5 0.0699% 150.6 (1,567.9) 1,715.0 3.5 0 10,523.5
2015 9,303.5 8,846.8 0.0 456.7 0.0647% (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 0.0663% (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 0.0775% (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)
1The 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 average assessment base. Figures represent only BIF-insured institutions prior to 1990, and BIF- and SAIF-insured institutions from 1990 through 2005. After 1995, all thrift closings became the responsibility of the FDIC and amounts are reflected in the SAIF. Beginning in 2006, figures are for the DIF.

The annualized assessment rate for 2017 is based on full year assessment income divided by a four quarter average of 2017 quarterly assessment base amounts. The assessment base for fourth quarter 2017 was estimated using the third quarter 2017 assessment base and an assumed quarterly growth rate of one percent.
Historical Assessment Rates:
1934 – 1949 The statutory assessment rate was 0.0833 percent.
1950 – 1984 The effective assessment rates varied from the statutory rate of 0.0833 percent due to assessment credits provided in those years.
1985 – 1989 The statutory assessment rate was 0.0833 percent (no credits were given).
1990 The statutory rate increased to 0.12 percent.
1991 – 1992 The statutory rate increased to a minimum of 0.15 percent. The effective rates in 1991 and 1992 varied because the FDIC exercised new authority to increase assessments above the statutory minimum rate when needed.
1993 – 2006 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.
2007 – 2008 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.
2009 – 2011 For the first quarter of 2009, assessment rates were increased to a range of 0.12 percent 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 insured institution’s 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 percent and 0.45 percent of assessable deposits. Initial rates are subject to further adjustments.
2011 – 2016 Beginning in the second quarter of 2011, the assessment base changed to average total consolidated assets less average tangible equity (with certain adjustments for banker’s 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 percent 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 shown in the table).
2016 Beginning July 1, 2016, initial assessment rates were lowered from a range of 5 basis points to 35 basis points to a range of 3 basis points to 30 basis points, and an additional surcharge was imposed on large banks (generally institutions with $10 billion or more in assets) of 4.5 basis points of their assessment base (after making adjustments).
2These 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 “Receivables from Resolutions, net” line on the Balance Sheet. The narrative and graph presented on page 91 of this report shows the aggregate (corporate and receivership) expenditures of the FDIC. 3Includes $210 million for the cumulative effect of an accounting change for certain postretirement benefits (1992). 4Includes a $106 million net loss on government securities (1976). 5This amount represents interest and other insurance expenses from 1933 to 1972. 6Includes the aggregate amount of $81 million of interest paid on capital stock between 1933 and 1948.

FDIC INSURED INSTITUTIONS CLOSED DURING 2017
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 NBC Bank
New Orleans, LA
NM 53,549 $3,325,870 $3,032,208 $2,966,960 $826,903 04/28/17 Whitney Bank
Gulfport, MS
Guaranty Bank
Milwaukee, WI
SA 287,742 $1,031,900 $1,002,026 $988,104 $143,423 05/05/17 First-Citizens Bank & Trust Company Raleigh, NC
Fayette County Bank
Saint Elmo, IL
SM  1,257  $34,370   $33,972   $32,625   $9,015   05/26/17  United Fidelity
Bank, FSB
Evansville, IN 
Insured Deposit Transfer
Washington Federal Bank for Savings
Chicago, IL
SA 2,593 $166,345 $143,964 $137,509 $60,511 12/15/17 Royal Savings Bank
Chicago, IL
Whole Bank Purchase and Assumption - All Deposits
Harvest Community Bank Pennsville, NJ NM 7,083 $124,223 $122,177 $122,425 $22,689 01/13/17 First-Citizens Bank & Trust Company
Raleigh, NC
Seaway Bank and Trust Company
Chicago, IL
NM 19,239 $297,809 $256,505 $244,633 $55,465 01/27/17 State Bank of Texas
Dallas, TX
Proficio Bank
Cottonwood Heights, UT
NM 253 $68,208 $65,042 $57,157 $11,763 03/03/17 Cache Valley Bank
Logan, UT
The Farmers and Merchants State Bank of Argonia
Argonia, KS
NM 1,407 $33,012 $27,466 $27,411 $2,595 10/13/17 Conway Bank
Conway Springs, KS
1Total Assets and Total Deposits data are based upon the last Call Report filed by the institution prior to failure. 2Estimated losses are as of December 31, 2017. 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 - 2017
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 2,623 $946,643,412 $713,234,800 $586,955,906 $415,743,180 $64,090,944 $107,121,782
2017 8 5,081,737 4,683,360 4,576,824 1,372,516 2,071,944 1,132,364
2016 5 $277,182 $268,516 261,476 0 214,362 47,114
2015 8 6,706,038 4,870,464 4,561,973 743,513 2,951,918 866,542
2014 18 2,913,503 2,691,485 2,681,159 455,889 1,833,025 392,245
2013 24 6,044,051 5,132,246 5,020,975 273,511 3,499,492 1,247,972
2012 51 11,617,348 11,009,630 11,039,374 1,722,978 6,854,792 2,461,604
2011 92 34,922,997 31,071,862 30,710,664 3,217,179 20,989,325 6,504,160
20107 157 92,084,988 78,290,185 82,305,089 55,641,718 10,307,410 16,355,961
20097 140 169,709,160 137,835,121 136,081,390 95,397,606 13,759,165 26,924,619
20087 25 371,945,480 234,321,715 205,833,992 184,490,213 3,182,784 18,160,995
2007 3 2,614,928 2,424,187 1,920,667 1,461,932 296,884 161,851
2006 0 0 0 0 0 0 0
2005 0 0 0 0 0 0 0
2004 4 170,099 156,733 139,236 134,978 341 3,917
2003 3 947,317 901,978 883,772 812,933 8,192 62,647
2002 11 2,872,720 2,512,834 1,567,805 1,711,173 (493,685) 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 1,308,225 711,758 9,324 587,143
1998 3 290,238 260,675 292,921 58,248 11,819 222,854
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 14,541,476 10,866,760 567 3,674,149
1991 124 64,556,512 52,972,034 21,501,145 15,496,730 4,128 6,000,287
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 - 2017 (continued)
Dollars in Thousands
Assistance Transactions1
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
2017 0 0 0 0 0 0 0
2016 0 0 0 0 0 0 0
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
1Institutions for which the FDIC is appointed receiver, including deposit payoff, insured deposit transfer, and deposit assumption cases. 2For 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. 3Assets and deposit data are based on the last Call Report or TFR filed before failure. 4Funding 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 satisfies 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. 5Recoveries represent cash received and dividends (cash and non-cash) declared by receiverships. 6Final 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. 7Includes amounts related to transaction account coverage under the Transaction Account Guarantee Program (TAG). The estimated losses as of December 31, 2017, for TAG accounts in 2010, 2009, and 2008 are $378 million, $1.1 billion, and $13 million, respectively. 8Includes 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
Institutions
Assets Deposits Final Receivership Loss2 Loss to Funds3
Total 748 $393,986,574 $318,328,770 $75,977,846 $81,581,578
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 48,649,684
1Beginning 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. 2The Final 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. 3The Loss to Fund represents the total resolution cost of the failed thrifts in the FRF-RTC fund. In addition to the receivership losses, this includes corporate revenue and expense items such as interest expense on Federal Financing Bank debt, interest expense on escrowed funds, administrative expenses, and interest revenue on advances to receiverships. 4Total for 1989 excludes nine failures of the former FSLIC.

 

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