The FDIC Quarterly provides a comprehensive summary of the most current financial results for the banking industry, along with feature articles. These articles range from timely analysis of economic and banking trends at the national and regional level that may affect the risk exposure of FDIC-insured institutions to research on issues affecting the banking system and the development of regulatory policy. The FDIC Quarterly brings together data and analysis that were previously available through three retired publications -- the FDIC Outlook, the FDIC Banking Review, and the FYI: An Update on Emerging Issues in Banking. Past issues of these publications are archived under their original publication names.
FDIC Quarterly, 2022, Volume 16, Number 2 - PDF (PDF Help)
Quarterly Banking Profile: First Quarter 2022
FDIC-insured institutions reported aggregate net income of $59.7 billion in first quarter 2022, a decline of $17.0 billion (22.2 percent) from the year-ago quarter. An increase in provision expense drove the decline in net income (down $4.1 billion, or 6.5 percent) from fourth quarter 2021. A majority of banks (62.8 percent) reported a decline in net income from the year-ago quarter. The decline in net income and an increase in average assets reduced the aggregate return on average assets ratio 38 basis points from the year-ago quarter and 9 basis points from fourth quarter to 1.00 percent.
Community Bank Performance
Community banks—which represent 91 percent of insured institutions—reported net income of $7.0 billion in first quarter 2022, down $1.1 billion (14.0 percent) from a year ago. Lower net gains on loan sales and higher noninterest expenses offset growth in net interest income and lower provisions. The community bank pretax return on average assets ratio decreased 33 basis points from one year ago and 14 basis points from one quarter ago to 1.25 percent, as asset growth continued and net income declined.
Insurance Fund Indicators
The Deposit Insurance Fund (DIF) balance decreased by $0.1 billion to $123.0 billion, the first decline in over a decade. Assessment income of $1.9 billion was the largest source of income. Interest earned on investments and other miscellaneous income also added to the fund balance. However, this was more than offset by unrealized losses on available-for-sale securities, operating expenses, and provisions for insurance losses. The DIF reserve ratio was 1.23 percent on March 31, 2022, 4 basis points lower than the previous quarter and 2 basis points lower than the previous year.
Past Issues
2022
FDIC Quarterly 2022 Volume 16, Number 12021
FDIC Quarterly 2021 Volume 15, Number 4FDIC Quarterly 2021 Volume 15, Number 3
FDIC Quarterly 2021 Volume 15, Number 2
FDIC Quarterly 2021 Volume 15, Number 1
2020
FDIC Quarterly 2020 Volume 14, Number 4FDIC Quarterly 2020 Volume 14, Number 3
FDIC Quarterly 2020 Volume 14, Number 2
FDIC Quarterly 2020 Volume 14, Number 1
2019
FDIC Quarterly 2019 Volume 13, Number 4FDIC Quarterly 2019 Volume 13, Number 3
FDIC Quarterly 2019 Volume 13, Number 2
FDIC Quarterly 2019 Volume 13, Number 1
2018
FDIC Quarterly 2018 Volume 12, Number 4FDIC Quarterly 2018 Volume 12, Number 3
FDIC Quarterly 2018 Volume 12, Number 2
FDIC Quarterly 2018 Volume 12, Number 1
2017
FDIC Quarterly 2017 Volume 11, Number 4FDIC Quarterly 2017 Volume 11, Number 3
FDIC Quarterly 2017 Volume 11, Number 2
FDIC Quarterly 2017 Volume 11, Number 1
2016
FDIC Quarterly 2016 Volume 10, Number 4FDIC Quarterly 2016 Volume 10, Number 3
FDIC Quarterly 2016 Volume 10, Number 2
FDIC Quarterly 2016 Volume 10, Number 1
2015
FDIC Quarterly 2015 Volume 9, Number 4FDIC Quarterly 2015 Volume 9, Number 3
FDIC Quarterly 2015 Volume 9, Number 2
FDIC Quarterly 2015 Volume 9, Number 1
2014
FDIC Quarterly 2014 Volume 8, Number 4FDIC Quarterly 2014 Volume 8, Number 3
FDIC Quarterly 2014 Volume 8, Number 2
FDIC Quarterly 2014 Volume 8, Number 1
2013
FDIC Quarterly 2013 Volume 7, Number 4FDIC Quarterly 2013 Volume 7, Number 3
FDIC Quarterly 2013 Volume 7, Number 2
FDIC Quarterly 2013 Volume 7, Number 1
2012
FDIC Quarterly 2012 Volume 6, Number 4FDIC Quarterly 2012 Volume 6, Number 3
FDIC Quarterly 2012 Volume 6, Number 2
FDIC Quarterly 2012 Volume 6, Number 1
2011
FDIC Quarterly 2011 Volume 5, Number 4FDIC Quarterly 2011 Volume 5, Number 3
FDIC Quarterly 2011 Volume 5, Number 2
FDIC Quarterly 2011 Volume 5, Number 1
2010
FDIC Quarterly 2010 Volume 4, Number 4FDIC Quarterly 2010 Volume 4, Number 3
FDIC Quarterly 2010 Volume 4, Number 2
FDIC Quarterly 2010 Volume 4, Number 1
2009
FDIC Quarterly 2009 Volume 3, Number 4FDIC Quarterly 2009 Volume 3, Number 3
FDIC Quarterly 2009 Volume 3, Number 2
FDIC Quarterly 2009 Volume 3, Number 1
2008
FDIC Quarterly 2008 Volume 2, Number 4FDIC Quarterly 2008 Volume 2, Number 3
FDIC Quarterly 2008 Volume 2, Number 2
FDIC Quarterly 2008 Volume 2, Number 1
2007
FDIC Quarterly 2007 Volume 1, Number 3FDIC Quarterly 2007 Volume 1, Number 2
FDIC Quarterly 2007 Volume 1, Number 1