Skip Header

Federal Deposit
Insurance Corporation

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

FDIC Quarterly

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 2018 Volume 12, Number 4

- PDF (PDF Help)


Quarterly Banking Profile: Third Quarter 2018

FDIC-insured institutions reported aggregate net income of $62 billion in the third quarter of 2018, up $14 billion (29.3 percent) from a year ago. The improvement in earnings was attributable to higher net operating revenue and a lower effective tax rate. Of the 5,477 insured institutions reporting third quarter financial results, more than 70 percent reported year-over-year growth in quarterly earnings. The percent of unprofitable banks in the third quarter declined to 3.5 percent from 4 percent a year ago.

Community Bank Performance
Community banks—which represent 92 percent of insured institutions—reported net income of $6.8 billion in the third quarter, up $1.2 billion (21.6 percent) from a year earlier. Higher net operating revenue and lower income tax expenses offset an increase in noninterest expense.

Insurance Fund Indicators
The Deposit Insurance Fund (DIF) balance increased by $2.6 billion during the quarter to $100.2 billion on September 30, driven by assessment income. The DIF’s reserve ratio (the fund balance as a percent of estimated insured deposits) was 1.36 percent on September 30, 2018, up from 1.33 percent at June 30, 2018, and 1.27 percent on September 30, 2017.

Featured Article:

2018 Summary of Deposits Highlights: Deposit Growth Slows and Office Decline Continues
The 2018 Summary of Deposits Survey showed that FDIC-insured institutions reported an increase in deposits and a decrease in offices over the past year. During the year ended June 2018, deposits increased at both noncommunity banks and at community banks, but at slower rates than in recent years. The decrease in the number of offices is a decade-long trend in both community banks and noncommunity banks, although the office opening and closing patterns of these two types of institutions has differed markedly. This article will describe these trends in detail and will look at the association between office closures and changes in bank profitability and efficiency. Analysis of Call Report data indicates that banks that closed offices at higher rates between 2013 and 2018 reported improved efficiency ratios and stronger profitability.


Past Issues

2018

FDIC Quarterly 2018 Volume 12, Number 4
FDIC 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 4
FDIC 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 4
FDIC 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 4
FDIC 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 4
FDIC 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 4
FDIC 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 4
FDIC 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 4
FDIC 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 4
FDIC 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 4
FDIC 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 4
FDIC 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 3
FDIC Quarterly 2007 Volume 1, Number 2
FDIC Quarterly 2007 Volume 1, Number 1


Archived Issues

FDIC Outlook – 1997 thru 2006
FDIC Banking Review – 1995 thru 2006

Skip Footer back to content