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Survey of Terms of Business Lending - E.2

Changes to Items Report on the Release for December, 2012

On March 26, 2012, the Federal Reserve Board under OMB delegated authority approved the request to revise the data collected on the voluntary Survey of Terms of Lending (the source for the data used to produce the E.2 release). Effective with this release (for data collected for the week of November 5-12), the number of banks that is reporting the new items is sufficient to calculate meaningful summary statistics for those responses. Several changes, summarized below, have been made to the E.2 release.

The minimum loan size reported on the survey is now $10,000, an increase from the previous minimum loan size of $7,500. This new minimum is reflected on all tables of the E.2 release.
Loans guaranteed, either in part or in whole, by the Small Business Administration (SBA) are now identified. The percent of loans backed by the SBA are now shown on tables 1-6. A new table summarizing the terms of loans backed by the SBA has been added (table 7).
Loans made under syndication or participation are now identified. The percent of loans made under these arrangements are now shown on tables 1-6. A new table summarizing the terms of loans made under participation or syndication has been added (table 8).

In addition to these changes, the time series from the aggregate data reported on the E.2 release will be available for customizable download through the Federal Reserve Board's Data Download Program (DDP) in late January. These data will be updated quarterly with the E.2 release. Finally, we will no longer provide a PDF of the E.2 release.

Release Date: December 21, 2012

E.2 Survey of Terms of Business Lending
NOVEMBER 5-9, 2012

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	2.22	88,640	673	605	35.6	41.2	18.8	0.1	44.5	80.0	10.4
A	Minimal risk	0.98	6,979	2,422	162	11.7	70.3	2.8	0.0	19.9	58.1	1.7
B	Low risk	1.66	20,107	1,264	507	18.2	37.0	9.9	0.0	52.8	94.9	8.3
C	Moderate risk	2.68	31,273	508	914	42.4	22.7	24.0	0.2	59.5	90.9	12.7
D	Other	2.71	21,834	528	532	53.9	43.3	25.9	0.2	33.3	73.6	11.4

2.	Zero interval	3.44	16,258	326	750	71.6	24.3	57.7	0.1	38.1	95.9	11.2
A	Minimal risk	2.29	436	560	689	67.6	28.9	28.6	0.0	33.6	93.1	12.3
B	Low risk	2.99	2,060	431	838	62.8	8.2	54.0	0.0	51.6	90.3	12.1
C	Moderate risk	3.30	7,234	317	843	69.2	25.9	54.3	0.2	41.9	97.3	12.3
D	Other	3.78	5,935	315	612	76.2	25.0	62.9	0.1	29.7	96.6	9.7

3.	Daily	1.45	28,592	1,462	235	22.2	62.6	12.7	0.1	24.6	59.0	8.4
A	Minimal risk	0.64	5,165	6,758	24	2.0	81.0	1.2	0.0	20.8	44.9	0.4
B	Low risk	1.28	6,469	2,576	99	8.0	59.3	5.5	0.0	40.4	99.2	10.0
C	Moderate risk	2.52	5,974	691	739	37.6	26.0	33.1	0.1	45.5	86.4	10.2
D	Other	1.57	7,160	1,223	219	45.5	63.9	15.3	0.2	9.9	37.6	8.5

4.	2 to 30 days	2.06	30,268	677	720	28.8	35.4	9.4	0.1	56.8	87.5	10.9
A	Minimal risk	1.55	983	9,233	523	26.4	47.2	0.1	0.0	5.1	100.0	0.6
B	Low risk	1.49	9,078	1,562	584	14.0	29.5	4.9	0.0	59.7	94.7	6.7
C	Moderate risk	2.39	12,039	517	962	34.0	21.4	11.6	0.1	66.6	89.0	14.4
D	Other	2.53	6,038	504	666	42.2	49.6	8.8	0.2	49.7	86.9	12.5

5.	31 to 365 days	2.43	9,999	1,069	748	21.3	29.6	2.9	0.5	68.8	89.5	11.8
A	Minimal risk	2.40	282	328	240	25.4	46.1	1.2	0.0	9.2	89.5	1.3
B	Low risk	1.89	2,102	1,247	920	12.8	34.5	1.4	0.0	58.7	89.1	5.8
C	Moderate risk	2.37	4,611	1,364	810	18.7	15.5	1.6	0.8	79.9	95.3	13.5
D	Other	3.74	1,864	826	810	36.2	19.2	4.1	0.3	74.0	90.0	18.9
					Months
6.	More than 365 days	3.78	2,848	384	60	73.1	34.8	8.0	0.3	64.6	80.7	8.1
A	Minimal risk	2.91	109	309	53	82.8	1.5	0.6	0.0	23.0	88.2	2.4
B	Low risk	3.37	389	395	57	77.7	5.8	11.7	0.2	73.2	82.0	7.2
C	Moderate risk	3.87	1,145	368	70	68.6	34.6	2.3	0.1	65.1	74.8	6.5
D	Other	4.63	446	233	53	84.4	11.6	14.2	1.1	54.1	74.5	9.7
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	4.13	3,160	3.2	89	91.3	8.4	63.1	1.4	12.3	71.4	8.7
8.	100 - 999	3.65	11,309	3.2	150	82.6	19.4	55.7	0.7	23.8	84.5	11.1
9.	1,000 - 9,999	2.77	22,117	3.1	128	48.2	33.3	25.3	0.0	57.9	91.2	13.8
10.	10,000+	1.56	52,055	2.7	28	16.7	51.3	5.4	0.0	45.1	74.7	8.6
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.20	16,675	3.3	28	76.8	10.7	213	0.3	36.5	84.3	11.5
12.	Other	1.76	71,964	2.8	80	26.1	48.3	1,346	0.1	46.2	78.9	10.1

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	2.83	56,514	440	844	47.4	14.9	28.4	0.2	60.2	90.7	12.6
A	Minimal risk	1.56	1,439	633	351	35.8	13.0	9.9	0.1	62.7	42.4	7.7
B	Low risk	2.03	12,905	831	668	28.0	3.9	14.7	0.0	70.1	92.0	12.4
C	Moderate risk	2.83	27,311	449	982	45.1	14.9	27.0	0.3	62.9	91.5	13.2
D	Other	3.64	12,980	322	763	66.0	19.0	42.1	0.3	45.6	92.8	12.5

2.	Zero interval	3.41	15,523	315	737	72.7	24.9	58.0	0.1	36.5	95.7	11.0
A	Minimal risk	1.92	264	425	564	74.1	47.6	27.7	0.0	20.5	88.6	12.7
B	Low risk	2.89	1,881	396	805	68.5	9.0	55.5	0.0	49.3	89.4	12.6
C	Moderate risk	3.29	7,122	314	841	69.4	25.8	53.7	0.2	40.9	97.2	12.1
D	Other	3.73	5,694	306	586	76.0	25.7	62.9	0.1	28.0	96.4	9.3

3.	Daily	2.73	10,523	563	613	37.2	13.1	33.7	0.2	53.2	87.5	14.8
A	Minimal risk	1.07	874	1,966	84	10.8	1.1	7.4	0.0	86.1	13.6	6.6
B	Low risk	2.26	2,674	1,090	248	19.3	1.6	13.1	0.0	54.7	98.1	24.0
C	Moderate risk	2.77	5,152	604	836	40.5	17.8	38.2	0.1	52.3	91.0	10.9
D	Other	4.06	1,705	300	794	65.4	19.8	62.2	0.9	36.7	98.0	12.1

4.	2 to 30 days	2.38	20,136	463	907	36.2	9.3	13.9	0.1	73.9	89.1	13.1
A	Minimal risk	1.77	109	1,727	671	69.1	22.7	0.8	0.0	40.3	99.9	3.8
B	Low risk	1.60	6,435	1,146	665	19.4	1.8	6.5	0.0	79.9	92.6	8.7
C	Moderate risk	2.55	9,628	421	1,096	37.9	7.5	14.3	0.1	73.9	87.3	15.9
D	Other	3.17	3,399	293	892	52.8	16.0	15.5	0.4	64.0	86.3	15.5

5.	31 to 365 days	2.62	7,177	818	841	23.5	8.4	3.5	0.6	79.9	92.5	13.7
A	Minimal risk	3.56	81	105	311	72.2	30.3	4.1	0.0	24.5	64.5	5.2
B	Low risk	2.01	1,531	967	965	17.2	11.0	1.9	0.0	74.9	85.0	7.3
C	Moderate risk	2.40	4,003	1,222	811	14.9	4.8	1.9	1.0	82.8	96.4	13.8
D	Other	3.77	1,357	655	888	42.5	5.2	5.6	0.4	81.1	91.2	21.6
					Months
6.	More than 365 days	3.91	2,484	343	62	77.5	28.5	6.1	0.3	59.9	77.9	6.4
A	Minimal risk	2.91	109	309	53	82.8	1.5	0.6	0.0	23.0	88.2	2.4
B	Low risk	3.43	376	383	58	80.4	2.5	12.1	0.2	72.2	81.3	6.7
C	Moderate risk	3.87	1,136	366	70	68.3	34.4	1.9	0.1	64.8	74.6	6.1
D	Other	4.63	432	230	53	84.0	10.9	13.6	0.9	52.2	73.7	9.4
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	4.14	3,140	3.2	89	91.6	8.3	63.4	1.4	12.1	71.2	8.7
8.	100 - 999	3.69	10,810	3.2	150	85.1	18.5	57.1	0.7	22.5	84.0	11.1
9.	1,000 - 9,999	2.94	17,931	3.1	138	55.1	23.2	29.3	0.0	63.2	93.6	14.7
10.	10,000+	2.21	24,634	2.8	44	19.5	8.2	10.6	0.0	79.2	94.0	12.1
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.19	16,029	3.3	23	77.6	10.5	206	0.4	34.2	83.8	11.2
12.	Other	2.30	40,485	2.9	125	35.4	16.7	801	0.2	69.5	93.4	13.1

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	2.70	52,658	556	825	44.3	15.2	26.7	0.1	62.3	91.4	13.1
A	Minimal risk	1.27	1,291	1,215	259	30.1	14.3	9.7	0.1	67.1	38.8	9.1
B	Low risk	1.96	12,526	1,019	661	26.2	3.9	13.6	0.0	71.4	92.2	12.6
C	Moderate risk	2.70	25,420	559	951	41.8	14.6	25.5	0.1	64.7	92.2	13.9
D	Other	3.51	11,740	413	777	63.8	20.3	39.4	0.2	47.7	94.3	13.2

2.	Zero interval	3.32	14,255	401	764	71.8	26.9	55.9	0.1	38.3	95.9	11.5
A	Minimal risk	1.81	254	537	575	73.3	49.7	25.4	0.0	21.1	88.6	13.1
B	Low risk	2.86	1,799	423	826	68.5	9.4	55.4	0.0	51.0	88.9	12.9
C	Moderate risk	3.19	6,502	407	872	67.8	28.1	51.6	0.2	42.4	97.4	12.8
D	Other	3.63	5,174	403	604	75.6	27.6	59.6	0.1	30.2	97.0	9.6

3.	Daily	2.60	9,831	788	631	33.4	13.9	29.8	0.1	55.0	86.9	15.5
A	Minimal risk	1.05	866	2,446	83	10.1	1.1	6.7	0.0	86.4	12.9	6.9
B	Low risk	2.18	2,567	1,514	248	16.3	1.6	10.2	0.0	55.3	98.0	24.6
C	Moderate risk	2.66	4,815	813	861	36.9	18.8	34.8	0.1	54.1	90.7	11.4
D	Other	3.92	1,473	480	874	61.5	22.4	56.4	0.4	38.4	98.7	13.1

4.	2 to 30 days	2.36	19,912	485	912	35.6	9.3	13.4	0.1	74.4	89.0	13.2
A	Minimal risk	1.50	100	1,903	697	66.3	24.7	0.9	0.0	46.8	99.9	4.2
B	Low risk	1.59	6,413	1,192	666	19.1	1.6	6.3	0.0	80.1	92.5	8.7
C	Moderate risk	2.53	9,516	442	1,101	37.3	7.6	13.8	0.1	74.1	87.3	16.0
D	Other	3.14	3,322	307	902	52.1	16.4	14.6	0.3	65.0	86.1	15.7

5.	31 to 365 days	2.43	6,661	2,114	880	17.9	9.0	2.4	0.2	81.7	94.9	14.2
A	Minimal risk	1.56	34	225	369	37.2	67.1	0.6	0.0	40.1	84.1	8.5
B	Low risk	1.88	1,469	1,963	996	13.9	11.4	1.1	0.0	76.3	85.5	7.3
C	Moderate risk	2.30	3,846	3,118	823	11.6	5.0	0.8	0.2	84.3	97.1	14.1
D	Other	3.49	1,160	1,468	997	33.2	5.7	4.3	0.3	81.4	99.7	22.5
					Months
6.	More than 365 days	3.17	1,371	761	43	67.1	25.0	4.2	0.4	83.4	91.8	9.4
A	Minimal risk	1.75	36	1,905	28	97.5	1.0	1.8	0.0	2.0	99.5	5.9
B	Low risk	2.88	277	1,265	49	73.7	3.2	8.9	0.3	92.9	88.5	7.9
C	Moderate risk	2.67	483	713	39	40.5	11.8	1.8	0.0	85.2	92.2	11.4
D	Other	4.16	242	523	42	79.1	7.1	10.0	1.8	79.5	87.2	13.6
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.78	2,272	3.2	28	92.4	10.4	62.4	1.6	6.5	66.8	10.3
8.	100 - 999	3.49	8,857	3.2	51	84.1	20.7	57.1	0.3	21.2	83.4	12.6
9.	1,000 - 9,999	2.85	16,895	3.1	65	53.2	23.1	29.3	0.0	64.5	95.3	15.2
10.	10,000+	2.21	24,634	2.8	44	19.5	8.2	10.6	0.0	79.2	94.0	12.1
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.13	14,043	3.3	7	76.3	11.5	251	0.3	36.5	83.0	12.0
12.	Other	2.19	38,615	2.9	67	32.7	16.5	997	0.1	70.6	94.5	13.5

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	4.62	3,856	114	1,107	88.4	11.6	51.5	1.4	31.8	80.4	4.3
A	Minimal risk	4.14	147	122	1,171	86.3	2.2	12.3	0.0	23.0	74.4	0.9
B	Low risk	4.32	379	117	929	87.1	2.8	51.6	0.0	25.3	85.6	6.4
C	Moderate risk	4.50	1,891	124	1,417	88.6	18.7	47.0	2.0	38.0	82.1	3.6
D	Other	4.85	1,240	104	629	86.9	6.5	67.3	1.3	25.8	78.7	5.3

2.	Zero interval	4.45	1,267	93	373	82.7	3.4	82.1	0.1	14.9	93.5	5.5
A	Minimal risk	4.41	11	72	191	94.3	0.0	80.8	0.0	3.2	89.1	3.1
B	Low risk	3.40	83	163	222	69.0	0.0	57.2	0.0	1.0	99.3	6.4
C	Moderate risk	4.36	621	93	401	85.7	1.2	75.0	0.0	22.1	95.2	4.8
D	Other	4.67	520	90	380	79.8	6.9	96.3	0.3	5.8	90.8	6.1

3.	Daily	4.46	692	111	341	91.8	2.9	90.0	1.5	28.8	95.8	5.5
A	Minimal risk	4.08	7	79	273	94.4	0.0	87.5	0.0	34.6	95.4	3.1
B	Low risk	4.13	106	141	253	90.0	1.0	84.9	0.0	38.5	99.7	9.8
C	Moderate risk	4.23	338	129	422	93.0	3.2	86.2	0.0	26.4	95.6	4.6
D	Other	4.93	232	89	284	90.4	3.6	98.5	3.9	26.3	94.1	5.1

4.	2 to 30 days	4.24	224	93	512	86.8	5.6	55.1	1.2	38.5	93.6	4.6
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	3.87	22	91	163	97.0	42.3	69.8	0.0	16.9	100.0	3.6
C	Moderate risk	4.14	112	83	633	85.4	1.6	56.9	0.3	56.9	91.8	5.4
D	Other	4.32	77	103	465	83.8	2.1	56.6	3.2	20.9	94.6	4.0

5.	31 to 365 days	5.15	516	92	334	96.3	1.5	17.0	6.7	55.8	62.0	4.9
A	Minimal risk	4.99	47	76	267	97.3	4.0	6.7	0.0	11.7	50.4	1.2
B	Low risk	5.13	61	74	223	96.5	0.0	21.3	0.0	41.6	74.4	6.3
C	Moderate risk	4.86	157	77	526	94.0	0.5	27.9	20.1	45.3	79.0	4.4
D	Other	5.44	197	154	220	97.5	2.5	13.4	1.5	79.3	41.4	8.2
					Months
6.	More than 365 days	4.82	1,114	205	86	90.2	32.8	8.3	0.1	38.2	60.9	0.9
A	Minimal risk	3.48	73	219	65	75.5	1.8	0.0	0.0	33.3	82.6	0.3
B	Low risk	4.98	98	129	83	99.3	0.4	21.1	0.0	18.3	61.1	2.0
C	Moderate risk	4.75	653	269	93	88.9	51.1	2.0	0.2	49.8	61.5	0.2
D	Other	5.23	190	134	68	90.3	15.8	18.2	0.0	26.8	56.5	1.1
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	5.07	867	3.3	251	89.6	2.9	66.1	0.7	26.7	82.8	5.3
8.	100 - 999	4.58	1,953	3.2	594	89.6	8.5	57.0	2.4	28.1	87.2	4.8
9.	1,000 - 9,999	4.30	1,036	3.2	1,314	85.0	24.9	29.1	0.0	42.3	65.4	2.3
10.	10,000+	...	...	...	...	...	...	...	...	...	...	...
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.63	1,987	3.4	133	86.8	3.4	91	0.8	19.2	89.3	5.7
12.	Other	4.60	1,870	3.0	1,324	90.0	20.4	158	2.0	45.7	70.8	2.5

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	1.14	32,126	9,418	218	15.0	87.4	2.0	0.0	17.2	61.1	4.6
A	Minimal risk	0.83	5,540	9,085	114	5.5	85.2	0.9	0.0	8.0	62.2	0.7
B	Low risk	0.99	7,202	18,684	241	0.5	96.2	1.4	0.0	22.8	100.0	1.4
C	Moderate risk	1.69	3,961	4,979	494	23.8	77.0	3.6	0.0	37.4	86.5	9.1
D	Other	1.36	8,854	8,762	223	36.1	79.0	2.2	0.0	15.8	45.4	8.0

2.	Zero interval	4.04	735	1,319	1,020	49.3	11.4	51.3	0.0	94.8	100.0	15.0
A	Minimal risk	2.86	171	1,107	872	57.5	0.0	30.0	0.0	100.0	100.0	11.7
B	Low risk	4.11	179	6,325	1,104	2.0	0.0	38.7	0.0	100.0	100.0	7.3
C	Moderate risk	4.15	112	743	951	58.2	29.9	93.0	0.0	100.0	100.0	27.5
D	Other	5.04	241	1,083	1,240	81.1	7.3	63.5	0.0	87.7	100.0	19.3

3.	Daily	0.70	18,069	20,589	32	13.4	91.3	0.5	0.0	9.9	42.5	0.8
A	Minimal risk	0.55	4,292	13,407	13	0.2	97.3	0.0	0.0	7.9	51.3	0.1
B	Low risk	0.59	3,796	64,553	2	0.1	99.9	0.1	0.0	30.7	100.0	0.4
C	Moderate risk	0.95	822	7,400	186	18.9	77.9	1.1	0.0	10.9	57.0	2.7
D	Other	0.80	5,454	31,702	50	39.2	77.7	0.6	0.0	2.4	18.8	2.6

4.	2 to 30 days	1.44	10,133	8,429	383	14.1	87.5	0.6	0.0	21.4	84.4	6.2
A	Minimal risk	1.52	874	20,068	502	21.1	50.2	0.0	0.0	0.0	100.0	0.2
B	Low risk	1.23	2,643	13,636	401	1.0	97.1	1.1	0.0	10.5	100.0	2.2
C	Moderate risk	1.72	2,412	5,757	498	18.5	76.7	1.1	0.0	37.7	95.5	8.9
D	Other	1.72	2,640	6,529	415	28.5	92.8	0.1	0.0	31.2	87.7	8.7

5.	31 to 365 days	1.93	2,822	4,848	509	15.6	83.5	1.5	0.0	34.1	81.5	6.2
A	Minimal risk	1.94	200	2,301	209	6.4	52.5	0.0	0.0	0.0	100.0	0.2
B	Low risk	1.54	571	5,581	801	0.8	97.5	0.0	0.0	16.3	100.0	2.2
C	Moderate risk	2.12	608	5,813	803	44.2	85.3	0.0	0.0	60.9	87.8	11.2
D	Other	3.67	506	2,789	605	19.2	56.7	0.0	0.0	55.3	86.7	11.1
					Months
6.	More than 365 days	2.86	364	1,941	44	43.1	78.1	21.2	0.3	98.0	100.0	16.8
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	...	...	...	...	...	...	...	...	...	...	...
C	Moderate risk	...	...	...	...	...	...	...	...	...	...	...
D	Other	4.73	14	447	39	94.3	34.5	34.2	5.5	99.7	100.0	15.3
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.43	20	2.6	42	42.5	13.7	26.1	0.0	74.5	98.3	6.6
8.	100 - 999	2.86	498	2.7	158	30.3	39.2	24.9	0.2	62.5	95.0	11.2
9.	1,000 - 9,999	2.07	4,186	3.1	88	19.0	76.7	7.9	0.0	33.7	80.7	9.3
10.	10,000+	0.97	27,421	2.6	13	14.1	90.0	0.7	0.0	14.4	57.4	3.4
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.40	646	3.0	160	57.2	15.0	1,295	0.1	93.8	97.8	17.8
12.	Other	1.08	31,480	2.6	22	14.1	88.9	10,809	0.0	15.8	60.3	4.2

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	1.60	35,847	842	2.7	93	28.3	66.0	12.3	0.2	16.8
A	Not under commitment	1.47	17,764	570	2.9	83	31.6	65.7	14.7	0.0	8.0
B	Informal commitment	0.95	10,326	2,246	2.1	38	9.0	92.8	2.1	0.0	19.8
C	Formal commitment	2.78	7,757	1,141	2.9	187	46.3	31.2	20.7	0.8	38.2
2.	Before survey week 11
A	Up to 90 days	2.52	10,094	432	3.1	86	38.7	45.5	25.0	0.3	32.8
B	91 to 365 days	2.56	19,690	475	2.9	47	40.4	20.8	23.4	0.1	64.6
C	More than 365 days	2.78	22,888	940	3.1	48	41.7	17.8	22.4	0.1	75.5

Domestic banks
3.	During survey week	3.27	11,517	281	2.9	275	66.7	12.1	37.4	0.5	38.1
A	Not under commitment	3.36	5,265	172	2.7	271	67.3	7.7	49.3	0.1	26.5
B	Informal commitment	4.00	805	193	3.1	411	94.8	16.7	24.8	0.4	52.3
C	Formal commitment	3.08	5,447	886	3.1	258	62.0	15.6	27.8	1.1	49.5
4.	Before survey week 11
A	Up to 90 days	3.02	6,553	289	3.1	120	56.5	22.1	37.5	0.4	46.0
B	91 to 365 days	2.54	18,466	449	2.9	41	40.9	17.5	24.7	0.1	63.5
C	More than 365 days	2.80	19,978	848	3.1	35	39.2	11.9	23.6	0.1	73.3

Large domestic banks
5.	During survey week	2.97	9,776	346	2.9	93	62.7	11.2	38.3	0.2	38.3
A	Not under commitment	3.03	4,508	183	2.6	62	62.8	5.9	52.9	0.1	25.0
B	Informal commitment	3.43	469	340	3.2	30	96.0	5.8	17.0	0.0	63.5
C	Formal commitment	2.86	4,800	2,143	3.1	128	59.4	16.8	26.6	0.3	51.1
6.	Before survey week 11
A	Up to 90 days	2.82	5,745	362	3.1	79	51.8	23.4	34.4	0.3	48.8
B	91 to 365 days	2.43	17,427	582	2.9	37	38.2	18.3	22.0	0.1	65.6
C	More than 365 days	2.78	19,710	958	3.1	35	38.5	12.0	22.8	0.1	73.8

Small domestic banks
7.	During survey week	4.97	1,741	136	3.1	1,304	89.3	16.9	32.7	2.1	37.2
A	Not under commitment	5.30	758	124	3.2	1,509	94.4	18.4	28.0	0.0	35.0
B	Informal commitment	4.80	336	121	3.0	942	93.1	32.0	35.6	0.8	37.2
C	Formal commitment	4.67	647	166	3.0	1,250	81.3	7.3	36.6	5.1	39.9
8.	Before survey week 11
A	Up to 90 days	4.44	808	119	3.4	412	90.4	13.1	59.0	1.2	26.8
B	91 to 365 days	4.27	1,039	93	3.3	119	85.7	3.8	69.4	0.4	23.9
C	More than 365 days	4.18	268	90	3.3	23	86.5	3.4	82.0	0.2	36.8

Foreign banks
9.	During survey week	0.81	24,330	15,488	2.5	7	10.1	91.6	0.5	0.0	7.4
A	Not under commitment	0.67	12,499	25,470	3.1	4	16.6	90.1	0.1	0.0	0.3
B	Informal commitment	0.69	9,521	22,304	2.0	6	1.7	99.2	0.1	0.0	17.0
C	Formal commitment	2.06	2,311	3,536	2.6	21	9.3	68.0	3.8	0.0	8.6
10.	Before survey week 11
A	Up to 90 days	1.58	3,540	5,348	3.0	23	5.8	88.7	1.9	0.0	8.9
B	91 to 365 days	2.94	1,224	3,799	3.0	135	33.0	71.3	4.5	0.0	84.5
C	More than 365 days	2.64	2,910	3,622	3.2	134	59.1	58.7	14.0	0.0	91.9

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	5.38	117	76	3.4	167	91.7	9.3	42.1	22.9
2.	Domestic banks	5.38	116	76	3.3	165	92.3	8.7	41.7	22.4
3.	Large domestic banks	5.56	67	55	3.4	168	88.0	11.8	48.6	0.0
4.	Small domestic banks	5.12	49	156	3.3	162	98.2	4.4	32.3	56.7
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	2.52	36,611	1,801	2.9	87	27.2	18.4	14.2	0.1
2.	Domestic banks	2.56	31,435	1,629	2.9	86	25.1	9.3	14.8	0.1
3.	Large domestic banks	2.48	30,314	2,714	2.9	56	22.8	9.1	14.2	0.0
4.	Small domestic banks	4.81	1,121	138	3.2	903	87.2	17.0	31.8	2.2
5.	Foreign banks	2.28	5,177	5,047	2.8	89	39.4	73.5	10.0	0.0

Summary statistics		All commercial banks	Domestic banks	Large domestic banks	Small domestic banks	Foreign banks
1.	Average reported prime rate	3.37	3.38	3.36	3.50	3.19
2.	Standard error of loan rate	.11	.20	.21	.13	.30

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 September 30, 2012, assets of the large banks were at least $4.5 billion. Median total assets for all insured banks were roughly $155 million. Assets at all U.S. branches and agencies averaged $9.2 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.