Delinquencies at Commercial Banks

The table below shows the latest data available on the quality of consumer loans at banks insured by the Federal Deposit Insurance Corporation (FDIC). The banks are grouped by size of total assets with percentages of delinquencies and charge-offs shown for each group. At least one conclusion becomes quickly apparent: portfolio performance is not correlated with size of the bank. Commercial banks with assets of less than $100 million had the highest percentages of loans 30-89 days past due for non-credit card loans, but the lowest percentage of credit card loans past due 30-89 days. For each type of consumer credit they also managed to have the lowest rates of charge offs of any other group of banks.

In several loan categories, the banks with assets ranging from $100 million to $1 billion ranked at the other end of the scale of the smallest banks. For example, in the classification of loans to individuals that were past due 30-89 days, they ranked lowest (2.08 percent), while the smaller banks ranked highest (2.38 percent). Similar reversals appear on the other loans to individuals past due 30-89 days, non-current credit card loans and charged off credit card loans.

* Percentage of loans in each category that were past due 90 days or more.
** Net annual rate.
Source: Federal Deposit Insurance Corporation.