Skip Header

Federal Deposit
Insurance Corporation

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

FDIC Quarterly Banking Profile

FDIC Fourth Quarter of 2018 Banking Profile - All FDIC-Insured Institutions
Table VI-A. Derivatives, All FDIC-Insured Call Report Filers
(dollar figures in millions 4th Quarter
2018
3rd Quarter
2018
2nd Quarter
2018
1st Quarter
2018
4th Quarter
2017
% Change
17Q4-18Q4
Asset Size Distribution
Less
Than $100
Million
$100 Million
To
$1 Billion
$1 Billion
To
$10 Billion
$10 Billion
To
$250 Billion
Greater
Than $250
Billion
ALL DERIVATIVE HOLDERS
Number of institutions reporting derivatives 1,311 1,347 1,362 1,361 1,367 -4.1 34 724 424 120 9
Total assets of institutions reporting derivatives $16,296,689 $16,058,057 $15,950,442 $15,950,129 $15,815,207 3.0 $2,427 $319,519 $1,296,780 $5,856,581 $8,821,382
Total deposits of institutions reporting derivatives 12,555,823 12,291,564 12,206,863 12,264,978 12,133,179 3.5 2,019 264,388 1,032,334 4,504,801 6,752,281
Total derivatives 178,089,249 209,754,237 209,828,279 205,986,576 173,484,033 2.7 124 20,871 129,525 50,356,371 127,582,358
Derivative Contracts by Underlying Risk Exposure
Interest rate 128,174,999 156,781,051 157,435,136 155,478,401 130,423,142 -1.7 122 20,733 123,392 41,511,649 86,519,102
Foreign exchange* 40,948,207 43,473,496 43,279,998 41,064,224 34,422,180 19.0 0 1 4,504 8,286,031 32,657,671
Equity 3,374,363 3,644,559 3,420,624 3,466,899 3,079,607 9.6 0 0 160 144,522 3,229,681
Commodity & other (excluding credit derivatives) 1,314,571 1,510,680 1,510,765 1,631,020 1,372,891 -4.2 0 0 28 86,828 1,227,715
Credit 4,276,947 4,341,695 4,178,619 4,345,494 4,186,122 2.2 0 5 1,412 327,341 3,948,188
Total 178,089,087 209,751,481 209,825,142 205,986,038 173,483,942 2.7 122 20,739 129,496 50,356,371 127,582,358
Derivative Contracts by Transaction Type
Swaps 97,923,336 104,786,177 107,958,507 105,094,254 94,523,939 3.6 18 8,355 85,125 26,384,850 71,444,988
Futures & forwards 36,143,798 47,051,282 46,023,905 45,497,597 34,407,162 5.0 9 1,686 24,176 10,389,411 25,728,516
Purchased options 18,707,980 25,031,774 23,883,350 23,840,759 19,163,376 -2.4 1 509 10,129 6,296,477 12,400,865
Written options 19,300,817 25,769,185 25,142,041 24,973,515 19,677,317 -1.9 3 1,452 8,369 6,676,396 12,614,597
Total 172,075,932 202,638,418 203,007,802 199,406,126 167,771,793 2.6 31 12,003 127,800 49,747,134 122,188,965
Fair Value of Derivative Contracts
Interest rate contracts 47,241 53,589 49,616 51,495 49,031 -3.7 0 88 771 4,705 41,677
Foreign exchange contracts 11,282 25,827 23,843 27,846 10,372 8.8 0 0 9 2,015 9,258
Equity contracts 6,407 1,975 5,003 6,582 -7,514 N/M 0 0 1 -144 6,551
Commodity & other (excluding credit derivatives) -1,873 2,948 1,181 -867 -829 N/M 0 0 0 357 -2,230
Credit derivatives as guarantor** 6,606 26,237 23,965 33,701 33,170 -80.1 0 0 0 -740 7,347
Credit derivatives as beneficiary** -6,765 -26,912 -24,348 -34,976 -34,547 N/M 0 0 0 527 -7,291
Derivative Contracts by Maturity***
Interest rate contracts < 1 year 71,493,383 93,168,891 91,960,389 95,441,266 72,590,571 -1.5 26 3,948 24,584 19,559,340 51,905,486
1-5 years 36,682,642 42,735,090 42,279,244 40,334,591 36,154,566 1.5 10 4,202 33,695 8,785,733 27,859,002
> 5 years 23,245,983 24,228,362 24,373,830 23,687,654 23,565,880 -1.4 15 7,748 53,620 6,749,683 16,434,917
Foreign exchange and gold contracts < 1 year 28,891,823 29,674,897 31,341,537 29,696,500 24,379,652 18.5 0 1 2,637 5,717,756 23,171,429
1-5 years 4,218,682 4,928,405 4,906,415 5,021,957 4,805,216 -12.2 0 0 961 781,270 3,436,451
> 5 years 2,095,962 2,470,383 2,472,893 2,630,013 2,525,329 -17.0 0 0 110 589,988 1,505,864
Equity contracts < 1 year 2,448,707 2,825,222 2,679,109 2,747,190 2,295,686 6.7 0 0 28 58,264 2,390,415
1-5 years 863,793 963,096 867,817 843,259 732,909 17.9 0 0 48 48,514 815,231
> 5 years 139,158 135,954 123,737 139,432 113,150 23.0 0 0 2 8,961 130,196
Commodity & other contracts (including credit < 1 year 1,745,343 1,896,551 1,994,605 2,314,371 2,172,996 -19.7 0 5 38 69,705 1,675,595
derivatives, excluding gold contracts) 1-5 years 3,105,739 3,017,006 3,019,612 2,862,714 2,814,096 10.4 0 5 414 199,356 2,905,963
> 5 years 298,068 537,194 309,072 527,870 312,753 -4.7 0 22 512 36,498 261,036
Risk-Based Capital: Credit Equivalent Amount
Total current exposure to tier 1 capital (%) 22.7 23.9 24.5 24.8 23.3   0.1 0.5 1.1 13.1 35.1
Total potential future exposure to tier 1 capital (%) 36.0 40.9 39.5 41.8 38.6   0.1 0.4 0.8 17.9 57.9
Total exposure (credit equivalent amount) to tier 1 capital (%) 58.8 64.8 64.0 66.6 61.9   0.2 0.9 1.9 31.0 93.1
Credit losses on derivatives**** 12.0 12.0 3.0 -1.0 11.0 9.1 0.0 0.0 2.0 -1.0 11
HELD FOR TRADING
Number of institutions reporting derivatives 192 197 197 199 201 -4.5 2 29 88 65 8
Total assets of institutions reporting derivatives 12,768,651 12,611,908 12,484,266 12,578,335 12,481,545 2.3 171 14,752 304,578 3,930,437 8,518,713
Total deposits of institutions reporting derivatives 9,799,163 9,613,503 9,518,156 9,638,443 9,555,469 2.6 148 12,214 241,382 3,052,735 6,492,683
Derivative Contracts by Underlying Risk Exposure
Interest rate 126,215,235 154,523,852 155,241,947 153,262,676 128,177,117 -1.5 2 645 34,870 40,951,704 85,228,014
Foreign exchange 38,768,802 40,241,704 40,144,539 38,353,254 32,402,215 19.6 0 0 3,564 7,974,672 30,790,566
Equity 3,359,405 3,628,434 3,402,588 3,450,109 3,063,576 9.7 0 0 10 134,238 3,225,157
Commodity & other 1,285,123 1,481,650 1,481,752 1,602,648 1,343,837 -4.4 0 0 3 58,861 1,226,259
Total 169,628,565 199,875,639 200,270,826 196,668,687 164,986,745 2.8 2 645 38,447 49,119,475 120,469,996
Trading Revenues: Cash & Derivative Instruments
Interest rate** 2,306 1,998 587 2,316 2,225 3.6 0 0 2 415 1,890
Foreign exchange** 2,105 3,130 4,569 2,860 1,813 16.1 0 0 5 800 1,300
Equity** -43 1,444 1,727 1,624 1,648 -102.6 0 0 3 -131 85
Commodity & other (including credit derivatives)** -202 487 501 882 145 N/M 0 0 0 -334 132
Total trading revenues** 4,166 7,059 7,385 7,683 5,831 -28.6 0 0 10 749 3,407
Share of Revenue
Trading revenues to gross revenues (%)** 2.6 4.5 4.8 5.2 4.1   0.0 0.0 0.2 1.6 3.2
Trading revenues to net operating revenues (%)** 10.5 16.7 17.8 20.0 36.0   0.0 0.0 1.1 6.1 12.9
HELD FOR PURPOSES OTHER THAN TRADING
Number of institutions reporting derivatives 735 750 759 758 783 -6.1 9 217 386 114 9
Total assets of institutions reporting derivatives 15,816,482 15,574,878 15,481,221 15,475,559 15,370,173 2.9 680 108,788 1,217,875 5,667,758 8,821,382
Total deposits of institutions reporting derivatives 12,172,698 11,903,873 11,829,384 11,881,099 11,775,231 3.4 575 90,564 969,664 4,359,614 6,752,281
Derivative Contracts by Underlying Risk Exposure
Interest rate 1,950,705 2,249,555 2,184,811 2,206,558 2,239,391 -12.9 29 11,356 88,286 559,945 1,291,089
Foreign exchange 452,256 468,068 505,117 485,719 500,573 -9.7 0 1 892 29,463 421,900
Equity 14,959 16,125 18,036 16,790 16,031 -6.7 0 0 150 10,284 4,524
Commodity & other 29,448 29,030 29,012 28,371 29,054 1.4 0 0 24 27,967 1,457
Total notional amount 2,447,367 2,762,779 2,736,976 2,737,439 2,785,049 -12.1 29 11,357 89,352 627,659 1,718,969

All line items are reported on a quarterly basis.

N/M - Not Meaningful

* Includes spot foreign exchange contracts. All other references to foreign exchange contracts in which notional values or fair values are reported exclude spot foreign exchange contracts.

** Does not include banks filing the FFIEC 051 report form, which was introduced in first quarter 2017.

*** Derivative contracts subject to the risk-based capital requirements for derivatives.

**** Credit losses on derivatives is applicable to all banks filing the FFIEC 031 report form and banks filing the FFIEC 041 report form that have $300 million or more in total assets, but is not applicaable to banks filing the FFIEC 051 form.

Skip Footer back to content