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Survey of Terms of Business Lending - E.2

Note: The Board of Governors has discontinued the Survey of Terms of Business Lending (STBL) and the associated E.2 release. The final STBL was conducted in May 2017, and the final E.2 was released on August 2, 2017. The STBL has been replaced by a new Small Business Lending Survey that commenced in February 2018. The new survey is being managed and administered by the Federal Reserve Bank of Kansas City. Results from this new survey can be found here.

Release Date: August 2, 2017

E.2 Survey of Terms of Business Lending
MAY 1-5, 2017

1. Commercial and industrial loans made by all commercial banks 1

Maturity/repricing interval 2 and risk 3 of loans		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average maturity 5	Percent of value of loans					Commitment status
Maturity/repricing interval 2 and risk 3 of loans		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average maturity 5	Secured by collateral	Subject to prepayment penalty	Prime based	SBA backed 6	Made under participation or syndication 7	Percent made under commitment	Average months since loan terms set 8
					Days
1.	All C&I loans	3.16	106,647	663	826	62.4	27.3	15.9	0.2	47.4	81.7	12.7
A	Minimal risk	3.39	3,040	483	681	52.4	16.5	18.4	0.0	32.6	68.6	16.0
B	Low risk	2.43	20,237	1,178	561	50.6	39.1	13.1	0.1	32.7	76.3	15.0
C	Moderate risk	3.12	44,729	710	1,004	54.6	28.0	16.7	0.1	45.6	80.1	9.0
D	Other	3.68	25,217	410	577	71.0	28.3	24.0	0.7	37.5	81.1	14.3

2.	Zero interval	3.79	26,060	451	886	56.2	23.1	44.4	0.2	47.5	90.8	12.2
A	Minimal risk	2.88	820	1,001	519	62.0	11.0	18.4	0.1	34.9	92.6	18.3
B	Low risk	3.24	3,366	658	920	47.9	12.8	44.6	0.0	55.9	79.5	16.8
C	Moderate risk	3.76	12,085	517	992	46.0	19.1	44.6	0.1	47.7	92.3	9.8
D	Other	4.09	9,622	351	806	71.1	32.9	46.4	0.5	44.6	92.8	13.4

3.	Daily	1.86	12,401	2,050	154	72.4	43.4	4.7	0.0	18.4	33.6	17.9
A	Minimal risk	3.75	53	1,074	999	29.1	6.5	83.7	0.0	5.3	100.0	13.0
B	Low risk	1.74	2,110	4,016	89	63.3	45.1	5.5	0.0	4.0	29.2	7.0
C	Moderate risk	1.74	6,666	1,941	125	74.8	59.7	3.6	0.0	11.6	25.0	8.8
D	Other	2.18	2,398	1,473	92	62.3	18.8	6.3	0.1	11.7	28.7	19.7

4.	2 to 30 days	2.75	32,674	736	619	62.2	36.6	8.4	0.0	48.7	81.1	12.1
A	Minimal risk	3.02	1,155	405	667	47.4	23.3	21.3	0.0	36.4	54.6	4.5
B	Low risk	2.13	8,954	1,272	398	46.9	59.7	6.8	0.0	30.9	80.7	9.4
C	Moderate risk	2.84	11,136	720	772	56.9	34.8	8.9	0.0	56.2	79.3	9.7
D	Other	3.35	7,278	404	301	73.7	30.8	12.1	0.1	31.9	77.9	16.3

5.	31 to 365 days	3.36	23,595	709	930	78.6	11.7	3.5	0.6	68.3	91.7	13.9
A	Minimal risk	3.46	500	269	467	81.4	2.1	8.3	0.0	30.3	35.5	4.6
B	Low risk	2.54	3,686	957	440	56.2	13.7	2.7	0.3	34.7	81.0	23.1
C	Moderate risk	3.16	7,889	510	1,225	79.0	13.3	5.7	0.3	76.2	94.6	10.3
D	Other	3.80	4,697	561	484	67.7	19.1	4.8	2.1	39.9	89.2	14.4
					Months
6.	More than 365 days	3.81	11,625	836	57	32.9	25.6	9.7	0.1	33.4	93.8	11.0
A	Minimal risk	4.92	513	712	33	22.2	24.9	14.8	0.0	25.4	90.6	32.4
B	Low risk	2.95	2,112	3,441	47	48.2	32.3	15.0	0.0	28.1	91.5	23.7
C	Moderate risk	3.75	6,849	1,752	63	17.6	19.3	5.1	0.1	23.3	96.7	5.1
D	Other	4.93	1,117	224	57	85.1	32.8	27.2	0.8	59.0	79.1	6.0
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	4.17	3,849	3.3	171	93.4	4.5	40.7	1.5	21.6	81.5	8.0
8.	100 - 999	3.93	13,623	3.2	106	87.5	11.7	38.2	0.6	20.4	72.8	11.8
9.	1,000 - 9,999	3.35	24,518	3.2	149	63.1	26.8	25.0	0.4	54.0	88.2	15.6
10.	10,000+	2.86	64,656	2.9	246	55.0	32.1	6.3	0.0	52.2	81.2	12.0
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.73	16,972	3.2	118	72.2	7.1	257	1.0	42.9	88.6	11.9
12.	Other	2.86	89,675	3.0	219	60.6	31.1	946	0.1	48.3	80.4	12.9

2. Commercial and industrial loans made by domestic banks 1

Maturity/repricing interval 2 and risk 3 of loans		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average maturity 5	Percent of value of loans					Commitment status
Maturity/repricing interval 2 and risk 3 of loans		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average maturity 5	Secured by collateral	Subject to prepayment penalty	Prime based	SBA backed 6	Made under participation or syndication 7	Percent made under commitment	Average months since loan terms set 8
					Days
1.	All C&I loans	3.51	77,233	491	1,037	67.2	14.2	20.4	0.3	52.8	90.2	12.6
A	Minimal risk	3.71	2,328	378	679	64.4	8.4	22.2	0.0	20.5	59.0	21.4
B	Low risk	2.94	11,565	704	827	54.0	12.3	21.0	0.1	35.7	80.9	20.0
C	Moderate risk	3.54	33,375	538	1,261	54.4	14.7	21.1	0.1	51.4	94.0	8.4
D	Other	3.92	17,602	293	715	79.5	25.0	31.3	1.0	39.6	86.8	13.2

2.	Zero interval	3.73	25,130	440	876	56.7	23.9	44.2	0.2	46.8	90.5	11.5
A	Minimal risk	2.80	778	972	486	61.0	11.6	19.4	0.1	31.4	92.2	16.3
B	Low risk	3.21	3,297	649	919	48.3	13.0	44.4	0.0	55.2	79.0	16.5
C	Moderate risk	3.74	11,933	514	986	46.1	19.4	44.3	0.1	47.6	92.2	9.7
D	Other	3.98	8,999	333	784	72.8	35.2	46.4	0.6	43.6	92.3	12.1

3.	Daily	2.77	3,063	552	512	92.2	5.5	18.8	0.1	59.3	97.7	20.0
A	Minimal risk	3.91	48	1,403	1,109	26.2	7.2	92.3	0.0	1.4	100.0	14.3
B	Low risk	3.54	244	619	665	71.6	37.2	47.8	0.1	1.9	99.2	10.0
C	Moderate risk	2.94	1,296	394	466	93.9	3.7	18.4	0.0	46.2	97.9	7.5
D	Other	3.94	301	212	442	91.9	9.1	49.6	0.7	23.9	96.6	20.7

4.	2 to 30 days	3.26	18,320	425	864	79.5	10.8	14.2	0.1	57.6	84.8	13.6
A	Minimal risk	3.96	604	217	808	88.5	0.9	40.7	0.0	10.6	13.2	25.4
B	Low risk	2.99	3,121	465	716	61.2	5.1	19.6	0.0	31.1	72.8	13.9
C	Moderate risk	3.45	6,404	425	986	68.9	16.8	14.1	0.1	64.9	92.8	8.8
D	Other	3.56	4,272	244	365	89.9	17.1	19.0	0.1	34.4	77.8	17.6

5.	31 to 365 days	3.41	19,887	612	999	85.0	4.4	4.0	0.7	69.4	92.1	13.6
A	Minimal risk	3.56	428	236	461	95.0	2.5	9.7	0.0	18.6	24.8	7.7
B	Low risk	2.59	2,964	816	392	57.7	7.5	3.0	0.4	30.7	83.6	26.8
C	Moderate risk	3.21	6,991	458	1,277	84.1	5.1	6.4	0.3	76.2	95.1	9.9
D	Other	3.96	2,988	371	559	80.6	9.8	7.6	3.3	33.3	85.8	12.2
					Months
6.	More than 365 days	3.81	10,542	770	59	29.6	18.1	5.1	0.2	26.6	93.2	9.5
A	Minimal risk	5.00	471	655	33	15.2	18.1	7.2	0.0	18.7	89.8	33.6
B	Low risk	2.84	1,930	3,306	47	44.1	26.8	7.8	0.0	21.3	90.7	24.9
C	Moderate risk	3.73	6,646	1,721	64	15.8	16.9	2.2	0.1	21.0	96.6	4.7
D	Other	4.83	937	190	61	88.1	19.9	13.2	1.0	51.1	75.1	4.3
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	4.17	3,832	3.3	171	93.6	4.5	40.8	1.5	21.4	81.5	8.0
8.	100 - 999	3.93	13,199	3.2	106	88.6	11.0	38.2	0.6	19.0	72.3	11.4
9.	1,000 - 9,999	3.44	19,425	3.1	153	66.8	20.5	28.0	0.5	54.3	90.4	14.9
10.	10,000+	3.35	40,777	2.9	365	58.0	13.1	9.1	0.0	66.0	96.7	12.3
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.71	15,748	3.2	80	73.1	3.7	241	1.1	40.0	87.9	11.0
12.	Other	3.20	61,485	3.0	303	65.7	16.8	668	0.1	56.1	90.8	13.0

3. Commercial and industrial loans made by large domestic banks 1

Maturity/repricing interval 2 and risk 3 of loans		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average maturity 5	Percent of value of loans					Commitment status
Maturity/repricing interval 2 and risk 3 of loans		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average maturity 5	Secured by collateral	Subject to prepayment penalty	Prime based	SBA backed 6	Made under participation or syndication 7	Percent made under commitment	Average months since loan terms set 8
					Days
1.	All C&I loans	3.43	71,992	593	1,035	65.6	14.7	17.6	0.1	54.1	91.0	13.1
A	Minimal risk	3.69	2,140	446	644	64.1	8.7	21.3	0.0	20.6	58.8	23.3
B	Low risk	2.91	11,047	788	790	53.6	12.7	19.6	0.0	36.6	81.2	20.5
C	Moderate risk	3.48	31,521	654	1,274	52.4	15.0	19.3	0.1	52.7	94.7	8.7
D	Other	3.76	15,107	345	667	76.9	28.0	24.9	0.3	39.4	88.4	14.2

2.	Zero interval	3.63	22,739	577	897	52.9	26.2	40.1	0.1	47.9	91.3	12.1
A	Minimal risk	2.79	770	1,154	487	60.6	11.7	19.0	0.1	31.3	92.1	16.5
B	Low risk	3.17	3,153	746	916	47.7	13.6	42.3	0.0	57.2	78.9	16.1
C	Moderate risk	3.69	11,162	676	1,002	42.9	20.4	42.1	0.0	49.5	92.4	10.0
D	Other	3.80	7,609	435	812	68.7	41.6	38.4	0.4	43.4	94.9	13.1

3.	Daily	2.56	2,774	1,133	503	91.7	6.0	11.3	0.0	63.5	97.9	21.4
A	Minimal risk	3.90	47	1,813	1,122	25.3	7.3	92.4	0.0	1.4	100.0	14.5
B	Low risk	3.42	213	1,552	690	67.5	42.7	41.9	0.1	1.9	99.1	10.5
C	Moderate risk	2.79	1,177	610	467	93.8	3.7	11.6	0.0	50.4	98.2	7.5
D	Other	3.44	186	928	342	88.1	14.6	21.3	0.0	25.2	97.8	28.3

4.	2 to 30 days	3.24	17,707	447	878	79.4	11.0	13.2	0.1	58.6	84.6	13.9
A	Minimal risk	3.98	596	216	876	89.3	0.6	41.3	0.0	10.7	12.0	27.5
B	Low risk	3.01	3,005	466	723	62.5	5.1	20.1	0.0	32.3	71.7	14.6
C	Moderate risk	3.44	6,249	443	997	68.2	17.0	13.5	0.0	65.6	92.8	8.9
D	Other	3.51	3,953	255	352	89.6	18.5	15.9	0.1	34.4	77.1	18.5

5.	31 to 365 days	3.36	19,058	710	1,012	85.4	4.1	2.4	0.1	70.8	92.5	14.0
A	Minimal risk	3.59	351	297	569	99.9	0.8	5.6	0.0	14.4	16.2	14.2
B	Low risk	2.55	2,833	1,010	403	57.7	7.8	2.3	0.1	30.7	83.7	27.8
C	Moderate risk	3.13	6,656	521	1,317	85.0	5.2	4.4	0.1	77.8	95.6	10.3
D	Other	3.82	2,725	404	463	79.7	7.7	3.0	0.3	34.0	85.9	13.0
					Months
6.	More than 365 days	3.72	9,456	1,211	56	22.1	17.9	2.8	0.1	25.8	97.5	10.1
A	Minimal risk	5.14	376	2,205	29	2.8	22.7	0.1	0.0	22.6	99.1	38.1
B	Low risk	2.82	1,842	4,708	41	41.4	27.9	4.1	0.0	21.8	94.5	25.1
C	Moderate risk	3.67	6,172	3,976	64	9.6	16.2	1.1	0.1	19.9	99.2	4.9
D	Other	4.72	553	198	49	81.3	17.9	9.0	0.4	58.1	90.0	5.7
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.94	2,908	3.3	135	94.4	4.9	32.1	1.0	20.3	79.5	8.8
8.	100 - 999	3.80	10,848	3.1	59	88.4	12.6	34.2	0.3	16.7	70.9	12.7
9.	1,000 - 9,999	3.37	18,025	3.1	106	65.2	20.9	26.2	0.1	55.4	91.7	15.6
10.	10,000+	3.33	40,212	2.9	367	57.6	13.1	8.1	0.0	66.1	97.0	12.4
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.66	12,637	3.1	41	68.9	3.1	304	0.3	41.6	89.5	12.2
12.	Other	3.17	59,355	3.0	290	64.9	17.1	743	0.0	56.8	91.3	13.3

4. Commercial and industrial loans made by small domestic banks 1

Maturity/repricing interval 2 and risk 3 of loans		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average maturity 5	Percent of value of loans					Commitment status
Maturity/repricing interval 2 and risk 3 of loans		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average maturity 5	Secured by collateral	Subject to prepayment penalty	Prime based	SBA backed 6	Made under participation or syndication 7	Percent made under commitment	Average months since loan terms set 8
					Days
1.	All C&I loans	4.57	5,241	146	1,070	89.0	7.3	59.4	2.9	34.7	79.0	4.9
A	Minimal risk	3.91	188	138	940	67.7	5.1	32.1	0.0	18.6	61.3	0.8
B	Low risk	3.50	518	215	1,655	61.7	1.9	51.0	1.9	15.1	75.4	10.3
C	Moderate risk	4.47	1,854	134	1,029	89.5	10.1	53.0	1.1	28.3	82.9	3.3
D	Other	4.91	2,494	154	997	95.1	7.1	70.5	5.0	40.7	77.0	5.7

2.	Zero interval	4.72	2,391	135	655	92.4	1.6	82.7	1.2	36.6	82.6	6.0
A	Minimal risk	3.72	7	56	415	100.0	0.0	60.9	0.0	35.1	100.0	2.9
B	Low risk	4.26	143	169	1,035	60.7	0.0	91.7	0.5	10.9	81.8	24.8
C	Moderate risk	4.45	771	115	749	92.3	4.4	76.8	0.4	19.5	89.8	4.1
D	Other	4.97	1,390	146	609	95.3	0.3	89.8	1.7	45.1	77.7	5.6

3.	Daily	4.76	290	93	590	97.0	1.6	90.8	0.7	19.2	96.0	7.1
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	4.38	31	121	373	99.8	0.0	88.7	0.0	2.1	100.0	6.0
C	Moderate risk	4.45	118	87	465	94.6	3.9	85.2	0.0	4.2	95.4	8.2
D	Other	4.75	114	94	575	98.0	0.0	95.7	1.7	21.8	94.7	7.9

4.	2 to 30 days	3.81	613	177	498	81.2	3.7	41.4	0.3	30.1	91.2	5.4
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	2.48	116	428	578	26.3	5.7	5.3	0.0	2.3	99.5	0.8
C	Moderate risk	3.94	154	160	524	96.3	8.6	38.8	0.5	36.1	91.4	3.9
D	Other	4.26	318	159	486	94.5	0.5	57.5	0.3	34.8	87.4	7.9

5.	31 to 365 days	4.61	829	147	716	74.3	12.5	41.6	13.9	36.7	83.3	3.1
A	Minimal risk	3.46	77	122	340	72.5	10.4	28.1	0.0	37.7	63.8	0.2
B	Low risk	3.50	131	159	179	57.2	0.0	18.4	6.9	30.9	82.4	3.3
C	Moderate risk	4.72	335	135	482	67.6	3.7	45.8	4.8	44.3	85.8	2.4
D	Other	5.40	263	201	1,408	89.5	31.8	54.9	34.2	26.3	85.2	4.5
					Months
6.	More than 365 days	4.59	1,086	185	80	94.9	19.7	25.1	0.7	33.8	55.4	0.5
A	Minimal risk	4.44	94	172	49	64.5	0.0	35.5	0.0	3.4	52.7	0.0
B	Low risk	3.23	89	461	185	100.0	3.8	84.6	0.0	12.6	12.3	2.6
C	Moderate risk	4.52	474	205	65	97.1	25.9	15.8	0.0	34.6	63.8	0.4
D	Other	4.98	384	181	78	97.9	22.8	19.3	1.9	41.0	53.6	0.7
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	4.90	924	3.4	282	91.0	3.3	68.2	2.9	24.8	87.9	5.6
8.	100 - 999	4.53	2,351	3.3	321	89.6	3.4	57.0	2.0	29.7	78.7	6.0
9.	1,000 - 9,999	4.22	1,400	3.3	757	88.4	15.1	51.4	5.7	39.4	74.2	3.6
10.	10,000+	...	...	...	...	...	...	...	...	...	...	...
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.91	3,111	3.5	238	90.2	6.2	131	4.3	33.3	81.2	5.6
12.	Other	4.07	2,130	3.2	679	87.3	8.8	176	0.9	36.8	75.7	4.0

5. Commercial and industrial loans made by U.S. branches and agencies of foreign banks 1

Maturity/repricing interval 2 and risk 3 of loans		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average maturity 5	Percent of value of loans					Commitment status
Maturity/repricing interval 2 and risk 3 of loans		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average maturity 5	Secured by collateral	Subject to prepayment penalty	Prime based	SBA backed 6	Made under participation or syndication 7	Percent made under commitment	Average months since loan terms set 8
					Days
1.	All C&I loans	2.22	29,413	8,512	346	49.8	61.7	4.2	0.0	33.4	59.4	13.1
A	Minimal risk	2.34	712	4,983	685	13.1	43.0	5.9	0.0	72.3	100.0	5.4
B	Low risk	1.76	8,671	11,645	278	46.1	74.9	2.5	0.0	28.7	70.3	7.4
C	Moderate risk	1.89	11,354	12,117	349	55.0	67.1	3.5	0.0	28.8	39.2	12.6
D	Other	3.12	7,615	5,099	304	51.5	35.7	7.1	0.0	32.6	67.9	17.6

2.	Zero interval	5.31	930	1,495	1,110	42.6	0.9	49.7	0.0	65.6	100.0	28.9
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	4.54	69	1,755	955	29.1	0.0	52.5	0.0	89.4	100.0	27.1
C	Moderate risk	4.75	152	1,089	1,315	33.2	0.4	67.8	0.0	62.0	100.0	21.0
D	Other	5.66	623	1,571	1,086	46.2	0.0	46.6	0.0	59.0	100.0	29.9

3.	Daily	1.57	9,338	18,693	58	65.9	55.8	0.1	0.0	5.0	12.6	12.3
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	1.50	1,866	14,241	21	62.2	46.2	0.0	0.0	4.3	20.1	5.1
C	Moderate risk	1.45	5,370	37,576	75	70.2	73.2	0.0	0.0	3.3	7.4	12.7
D	Other	1.93	2,098	9,960	49	58.1	20.2	0.1	0.0	9.9	19.0	18.9

4.	2 to 30 days	2.09	14,354	10,978	354	40.0	69.6	1.0	0.0	37.2	76.4	10.0
A	Minimal risk	1.99	551	8,379	646	2.5	47.9	0.0	0.0	64.7	100.0	1.4
B	Low risk	1.67	5,833	17,999	275	39.3	88.8	0.0	0.0	30.8	85.0	7.3
C	Moderate risk	2.01	4,733	11,816	503	40.6	59.2	1.8	0.0	44.6	60.9	11.6
D	Other	3.04	3,006	6,010	229	50.5	50.3	2.2	0.0	28.2	78.0	14.4

5.	31 to 365 days	3.11	3,708	4,590	584	44.7	50.7	0.4	0.0	62.3	89.7	15.5
A	Minimal risk	2.80	72	1,730	481	0.0	0.0	0.0	0.0	100.0	100.0	0.1
B	Low risk	2.31	722	3,280	613	49.9	39.3	1.7	0.0	51.1	70.3	5.4
C	Moderate risk	2.79	898	4,328	836	39.4	76.6	0.2	0.0	76.2	90.9	13.5
D	Other	3.53	1,709	5,336	374	45.2	35.2	0.0	0.0	51.4	95.0	17.7
					Months
6.	More than 365 days	3.87	1,082	4,963	41	64.9	98.6	54.6	0.0	100.0	100.0	24.4
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	4.08	182	6,044	47	91.6	91.6	91.7	0.0	100.0	100.0	12.0
C	Moderate risk	4.56	202	4,304	40	75.5	100.0	100.0	0.0	100.0	100.0	17.6
D	Other	5.45	180	2,733	37	69.2	100.0	100.0	0.0	100.0	100.0	12.8
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.52	17	2.7	69	51.9	15.8	14.5	0.0	61.7	75.6	13.9
8.	100 - 999	4.00	424	3.3	104	52.6	33.1	35.4	0.0	62.4	87.6	22.1
9.	1,000 - 9,999	3.01	5,093	3.4	136	48.9	50.9	13.5	0.0	53.3	79.7	18.6
10.	10,000+	2.02	23,879	2.9	42	50.0	64.6	1.6	0.0	28.6	54.6	11.2
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.99	1,223	3.2	602	60.6	50.1	1,787	0.0	80.1	98.3	22.1
12.	Other	2.10	28,190	2.9	35	49.4	62.3	10,173	0.0	31.3	57.8	12.5

6. Commercial and industrial loans by date pricing terms were set and commitment status

Time pricing terms were set and loan commitment status		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)	Percent of value of loans
Time pricing terms were set and loan commitment status		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)	Secured by collateral	Subject to prepayment penalty	Prime based	SBA backed 6	Made under participation or syndication 7
All commercial banks
1.	During survey week	3.22	42,125	714	3.0	307	63.4	26.4	12.6	0.3	36.2
A	Not under commitment	2.47	19,495	628	2.9	80	72.8	32.2	9.9	0.0	11.9
B	Informal commitment	3.47	1,198	180	3.1	302	71.2	24.9	37.6	0.1	18.9
C	Formal commitment	3.89	21,431	1,007	3.1	513	54.3	21.2	13.7	0.5	59.3
2.	Before survey week 11
A	Up to 90 days	3.30	11,076	493	3.0	171	41.6	47.1	18.9	0.3	55.9
B	91 to 365 days	2.98	24,039	449	3.0	116	62.2	29.7	19.0	0.2	45.7
C	More than 365 days	3.15	29,407	1,138	3.1	138	69.0	19.1	17.0	0.0	61.8

Domestic banks
3.	During survey week	4.02	26,512	459	3.0	480	66.6	9.1	19.9	0.5	46.3
A	Not under commitment	3.91	7,565	250	2.8	199	80.8	7.7	25.3	0.1	22.6
B	Informal commitment	4.10	910	137	3.2	394	92.2	3.2	49.5	0.2	24.9
C	Formal commitment	4.05	18,038	865	3.0	603	59.4	10.0	16.2	0.6	57.3
4.	Before survey week 11
A	Up to 90 days	3.72	7,821	355	3.2	216	54.2	30.4	24.9	0.4	56.0
B	91 to 365 days	3.22	18,969	357	3.2	133	69.6	16.5	23.1	0.3	50.1
C	More than 365 days	3.12	23,931	976	3.0	125	70.1	12.6	17.3	0.1	61.1

Large domestic banks
5.	During survey week	3.95	23,576	564	2.9	458	64.0	8.8	15.7	0.1	48.1
A	Not under commitment	3.77	6,462	255	2.7	88	78.5	7.2	20.5	0.1	18.2
B	Informal commitment	3.33	271	166	3.8	47	100.0	1.2	1.6	0.0	30.8
C	Formal commitment	4.02	16,843	1,136	3.0	607	57.9	9.5	14.0	0.1	59.8
6.	Before survey week 11
A	Up to 90 days	3.67	7,284	430	3.2	209	51.4	32.3	23.8	0.3	57.7
B	91 to 365 days	3.10	17,573	433	3.1	141	67.7	17.7	18.8	0.1	50.9
C	More than 365 days	3.10	23,559	1,063	3.0	126	70.0	12.8	16.6	0.1	61.4

Small domestic banks
7.	During survey week	4.58	2,936	184	3.2	656	87.6	11.6	54.4	3.5	32.0
A	Not under commitment	4.74	1,103	222	3.3	846	94.0	10.9	53.1	0.3	48.0
B	Informal commitment	4.43	639	128	3.0	541	89.0	4.0	69.8	0.2	22.4
C	Formal commitment	4.52	1,195	199	3.2	542	80.8	16.3	47.3	8.3	22.3
8.	Before survey week 11
A	Up to 90 days	4.30	538	106	3.5	312	92.7	4.6	41.0	2.2	32.7
B	91 to 365 days	4.73	1,395	112	3.7	45	93.7	1.0	76.3	2.7	39.1
C	More than 365 days	4.28	372	158	3.5	22	77.9	0.9	61.6	0.1	43.1

Foreign banks
9.	During survey week	1.88	15,613	12,606	3.0	13	57.9	55.8	0.2	0.0	19.1
A	Not under commitment	1.56	11,930	15,679	3.0	6	67.8	47.7	0.2	0.0	5.1
B	Informal commitment	1.46	289	6,403	2.7	11	5.0	93.3	0.0	0.0	0.0
C	Formal commitment	3.03	3,393	7,846	3.1	38	27.6	81.2	0.4	0.0	69.8
10.	Before survey week 11
A	Up to 90 days	2.29	3,254	6,814	2.7	65	11.2	87.2	4.3	0.0	55.6
B	91 to 365 days	2.10	5,070	11,673	2.5	51	34.4	79.4	3.8	0.0	29.4
C	More than 365 days	3.27	5,476	4,196	3.4	194	64.0	47.2	15.6	0.0	64.7

7. Commercial and industrial loans backed by the SBA 6

Backed by SBA		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)	Percent of value of loans
Backed by SBA		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)	Secured by collateral	Subject to prepayment penalty	Prime based	Made under participation or syndication 7
1.	All banks	6.05	221	107	3.7	220	89.8	48.8	77.5	20.6
2.	Domestic banks	6.05	221	107	3.7	220	89.8	48.8	77.5	20.6
3.	Large domestic banks	6.24	68	59	3.6	432	68.2	22.8	56.3	0.0
4.	Small domestic banks	5.96	154	165	3.8	127	99.3	60.2	86.9	29.6
5.	Foreign banks	...	...	...	...	...	...	...	...	...

8. Commercial and industrial loans made under participation or syndication 7

Loans made under participation		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)	Percent of value of loans
Loans made under participation		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)	Secured by collateral	Subject to prepayment penalty	Prime based	SBA backed 6
1.	All banks	3.32	50,591	1,391	3.1	122	66.8	24.6	14.4	0.1
2.	Domestic banks	3.37	40,775	1,180	3.1	113	71.8	13.5	15.4	0.1
3.	Large domestic banks	3.30	38,955	1,550	3.1	102	70.8	14.0	13.5	0.0
4.	Small domestic banks	4.85	1,820	193	3.6	344	93.6	2.6	56.9	2.5
5.	Foreign banks	3.10	9,816	5,415	2.9	160	46.0	70.9	10.0	0.0

Summary statistics		All commercial banks	Domestic banks	Large domestic banks	Small domestic banks	Foreign banks
1.	Average reported prime rate	4.00	4.01	3.97	4.15	3.85
2.	Standard error of loan rate	.16	.12	.12	.11	.26

The Survey of Terms of Business Lending collects data on gross loan extensions made during the first full business week in the middle month of each quarter. The authorized panel size for the survey is 348 domestically chartered commercial banks and 50 U.S. branches and agencies of foreign banks. The sample data are used to estimate the terms of loans extended during that week at all domestic commercial banks and all U.S. branches and agencies of foreign banks. The terms on loans extended during the survey week may differ from those extended during other weeks of the quarter. The estimates reported here are not intended to measure the average terms on all business loans in bank portfolios.

Footnotes

1. As of March 31, 2017 , assets of the large banks were at least $5.5 billion. Median total assets for all insured banks were roughly $204 million. Assets at all U.S. branches and agencies averaged $11.1 billion.

2. The "maturity/repricing" interval measures the period from the date the loan is made until it first may be repriced or matures. For floating-rate loans that are subject to repricing at any time--such as many prime-based loans--the maturity/repricing interval is zero. For floating-rate loans that have a scheduled repricing interval, the maturity/repricing interval measures the number of days between the date the loan is made and the date on which it is next scheduled to reprice. For loans having rates that remain fixed until the loan matures (fixed-rate loans), the maturity/repricing interval measures the number of days between the date the loan is made and the date on which it matures. Loans that reprice daily mature or reprice on the business day after they are made. Because of weekends and holidays, such loans may have maturity/repricing intervals in of more thanone day; nevertheless, such loans are not included in the 2 to 30 day category.

3. A complete description of these risk categories is available in the survey instructions, available at http://www.federalreserve.gov/apps/reportforms/reportdetail.aspx?sOoYJ+5BzDaSCesXTb1UmHCoyU8rIHWr. The category "Moderate risk" includes the average loan, under average economic conditions, at the typical lender. The "Other" category includes loans rated "Acceptable" as well as special mention or classified loans. The weighted-average risk ratings published for loans in rows 31-39 are calculated by assigning a value of 1 to minimal risk loans, 2 to low risk loans, 3 to moderate risk loans, 4 to acceptable risk loans, and 5 to special mention and classified loans. These values are weighted by loan amount and exclude loans with no risk rating. Some of the loans in table rows 1, 6, 11, 16, 21, 26, and 31-36 are not rated for risk.

4. Effective (compounded) annual interest rates are calculated from the stated rate and other terms of the loans and weighted by loan amount. For the standard error of the loan rate for all C&I loans in the current survey (tables 1-5, line 1, column 1), see the summary statistics table. The chances are about two out of three that the average rate shown will differ by less than this amount from the average rate that would be found by a complete survey of the universe of all banks.

5. Average maturities are weighted by loan amount and exclude loans with no stated maturities.

6. Loans guaranteed, either in part or in whole, by the Small Business Administration (SBA). http://www.sba.gov/category/navigation-structure/loans-grants/small-business-loans/sbas-role

7. The terms "syndication" and "participation" encompasses a variety of arrangements among institutions to make loans. When each participating lender agrees in advance to fund and be at risk only up to a specified percentage of the total credit and the contract is executed by all participants and the borrower, the arrangement is often referred to as a syndication. When a lead lender originates the transaction and is the only party to the contract with the borrower and sells shares as prearranged with others, the arrangement is referred to as a participation. All loans made under either arrangements, whether or not the lender is the originator, are included.

8. For loans made under formal commitments, the average time interval between the date on which the loan pricing was set and the date on which the loan was made, weighted by the loan amount. For loans under informal commitment, the time interval is zero.

9. Prime-based loans are based on the lending bank's own prime rate, any other lender's prime rate, a combintation of prime rates, or a publicly reported prime rate. Loans with "other" base rates include loan rates expressed in terms of any other base rate (e.g., the federal funds rate or LIBOR) and loans for which no base rate is used to determine the loan rate.

10. See the summary statistics tables for the average reported prime rate weighted by the dollar value of loans priced relative to a prime base rate.

11. For loans made under formal commitments.

... The number of loans was insufficient to provide a meaningful value.