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Support IRW Investigations News Blog About IRW -- About Our Work Our Staff Awards Banktracker -- Search -- Banktracker Home Banks Credit Unions Failed Banks Methodology About the Investigative Reporting Workshop Each quarter the Federal Deposit Insurance Corp. requires every bank in the nation to submit detailed reports about its financial condition. This data is public. The Investigative Reporting Workshop downloads the data files from the FDIC website to extract several key variables of bank performance. Key indicators Latest Update: March 31, 2020 Total banks 5,125 This is the number of banks reporting quarterly results to the FDIC. It has been steadily declining for decades as the industry is increasingly dominated by large institutions. Total deposits 15.8 trillion The amount of money consumers, businesses, and governments have in accounts in the bank. Loans 10.8 trillion Includes mortgages, loans to businesses, credit cards, and other types of lending. The Workshop uses “net loans,” which deducts “loan loss reserves” from total loans. Total Assets 20.3 trillion The value of everything the bank owns, including loans to consumers and investments in securities. Total troubled assets 85.1 billion Includes loans 90 days or more past due, loans that are no longer accruing interest on the bank’s books, and property the bank has repossessed for nonpayment. The Workshop adjusts this amount to deduct loans that have full or partial government guarantees. Banks with TAR > 100 10 TAR is the Troubled Asset Ratio, as calculated by the Workshop. It is the amount of capital divided by the amount of troubled assets. Lower ratios indicate a stronger bank. Latest news: A banking mystery State regulators shuttered a local bank in rural Texas last month citing “insider abuse and fraud by former officers,” but the exact cause of the bank’s failure remains a mystery. Handful of banks cling to TARP The nation has lost one-third of its banks since 2008. But today the list of troubled banks has tumbled, and bank failures are rare. Big banks grow, every state hit hard since recession Federally insured institutions as a whole continue to rebound since the Great Recession. Total assets, capital, deposits, profits and reserves have all collectively improved, according to an analysis of Federal Deposit Insurance Corporation (FDIC) data by the Investigative Reporting Workshop, which looked at fourth-quarter FDIC data from December 2007 to December 2015 to get a … Continue reading "Big banks grow, every state hit hard since recession" Smaller banks rebound more slowly The latest data from the Federal Deposit Insurance Corp. shows that the nation’s banks continue to recover from the financial crisis, reporting stronger earnings and increasing loan volume. But an analysis by the Investigative Reporting Workshop shows that for the vast majority of banks — those with less than $1 billion in assets — profits … Continue reading "Smaller banks rebound more slowly" Reshaped banking industry emerges from crisis Five years ago last week Bear Stearns, then one of the nation’s largest brokerage houses, told the Federal Reserve it was out of money. Despite a $12.9 billion emergency loan from the Fed, within two days Bear Stearns was forced to merge with JP Morgan Chase — a deal facilitated with a $29 billion loan … Continue reading "Reshaped banking industry emerges from crisis" More money, fewer banks Compared with Sept. 30, 2011, an analysis of quarterly banking results by the Investigative Reporting Workshop shows: Loans increased to $7.44 trillion, up 3.9 percent from $7.16 trillion. However, total lending remains below the peak of $7.85 trillion in the second quarter of 2008. Troubled assets (a combination of nonperforming loans and the value of … Continue reading "More money, fewer banks" Fewer problem banks, lending up as industry recovery continues The nation’s banks continued to recover in the second quarter, as the volume of troubled assets on their books dropped to the lowest level in three years, according to data from the Federal Deposit Insurance Corp. Banks earned $34.5 billion, below the $35.3 billion reported for the first quarter of this year but above the … Continue reading "Fewer problem banks, lending up as industry recovery continues" 2011 was best in 5 years for banking sector The nation’s banks and credit unions had their best year since 2006, as a slowly recovering economy led to modest loan growth and lower levels of nonperforming loans. Commercial banks made $119.5 billion in 2011, the most since 2006, when they earned $145.2 billion. Credit unions earned $6.4 billion, the most ever. According to an … Continue reading "2011 was best in 5 years for banking sector" Legal Privacy Policy Publish Our Stories Contact IRW Investigative Reporting Workshop 4400 Massachusetts Ave. NW Washington, D.C. 20016-8017 © 2008-2020 Investigative Reporting Workshop...