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Survey of Terms of Business Lending - E.2

Release Date: April 1, 2014

E.2 Survey of Terms of Business Lending
FEBRUARY 3-7, 2014

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	2.25	130,327	874	843	35.6	26.4	13.0	0.2	53.2	86.1	12.3
A	Minimal risk	1.75	2,189	986	700	34.1	26.8	17.5	0.1	44.8	85.6	4.6
B	Low risk	1.46	30,742	2,011	677	32.4	29.4	5.9	0.1	46.3	90.2	11.8
C	Moderate risk	2.25	54,394	782	827	31.9	19.2	13.3	0.2	56.6	89.5	15.0
D	Other	2.64	37,256	741	935	43.2	29.3	14.3	0.2	50.7	75.8	8.5

2.	Zero interval	2.95	25,307	392	858	51.8	28.4	47.1	0.4	45.7	95.7	13.8
A	Minimal risk	1.77	688	796	823	58.2	12.1	50.5	0.2	31.3	94.5	4.3
B	Low risk	2.03	4,451	841	831	32.0	44.5	27.6	0.2	58.7	97.4	11.6
C	Moderate risk	3.01	11,478	381	854	51.7	25.4	48.3	0.5	42.5	94.9	15.4
D	Other	3.36	8,081	324	888	59.0	22.5	52.9	0.4	46.3	96.1	13.9

3.	Daily	1.17	23,578	1,794	349	44.8	41.2	2.6	0.0	30.5	55.4	17.6
A	Minimal risk	1.28	196	722	195	28.0	71.4	5.6	0.0	6.3	28.3	1.2
B	Low risk	1.06	6,195	4,111	219	40.8	33.8	1.3	0.0	20.6	67.4	21.3
C	Moderate risk	1.43	9,196	2,423	664	25.4	20.9	2.6	0.1	60.3	76.9	18.0
D	Other	0.87	7,869	2,233	80	70.4	70.7	2.2	0.0	4.3	20.8	6.9

4.	2 to 30 days	1.92	59,107	1,189	859	30.4	23.2	6.1	0.1	59.8	90.6	12.5
A	Minimal risk	1.03	575	3,231	377	15.2	60.6	1.0	0.0	30.5	80.9	3.9
B	Low risk	1.40	18,395	3,203	789	27.5	23.2	2.1	0.0	53.6	96.7	9.3
C	Moderate risk	1.99	27,582	1,021	931	27.3	16.9	4.0	0.1	67.6	90.7	16.0
D	Other	2.59	11,086	771	850	41.4	29.4	6.7	0.1	51.5	79.7	9.9

5.	31 to 365 days	3.66	17,260	1,281	1,307	11.8	7.5	2.0	0.2	68.4	97.4	3.4
A	Minimal risk	2.74	145	198	202	63.5	5.2	10.4	0.3	32.7	86.4	9.9
B	Low risk	1.97	878	457	610	44.6	24.5	2.0	0.4	25.2	74.4	7.2
C	Moderate risk	2.97	4,847	1,069	339	13.7	15.3	2.3	0.3	24.1	97.2	4.6
D	Other	3.42	9,504	1,830	1,728	7.2	1.8	0.6	0.1	91.0	99.3	2.8
					Months
6.	More than 365 days	3.24	3,867	496	46	59.4	32.6	9.9	0.8	69.2	87.9	12.8
A	Minimal risk	2.24	562	3,408	38	19.9	1.4	0.6	0.0	94.4	98.8	4.7
B	Low risk	2.71	401	606	39	42.1	18.1	19.2	0.7	67.7	91.2	16.2
C	Moderate risk	3.96	1,271	332	48	65.1	17.9	16.9	1.7	44.1	79.0	10.9
D	Other	4.26	710	330	47	73.7	12.1	11.6	1.0	62.7	80.3	11.7
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.90	3,491	3.3	91	89.9	8.9	56.7	1.8	10.6	77.7	10.1
8.	100 - 999	3.44	12,692	3.2	94	81.6	17.6	51.6	0.8	21.0	83.8	12.7
9.	1,000 - 9,999	2.57	24,806	3.1	123	46.9	25.4	24.7	0.2	54.6	93.5	16.2
10.	10,000+	1.93	89,337	3.0	40	23.8	28.5	2.5	0.0	59.0	84.7	11.2
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	3.97	16,883	3.2	39	72.3	12.4	208	0.7	35.9	85.1	12.6
12.	Other	1.99	113,444	3.0	66	30.1	28.4	1,669	0.1	55.8	86.2	12.3

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	2.62	96,821	664	1,031	31.2	12.7	16.6	0.2	64.0	95.4	12.8
A	Minimal risk	1.84	1,201	587	750	53.0	21.3	31.8	0.2	33.7	94.5	5.3
B	Low risk	1.61	20,615	1,398	838	22.4	12.0	8.1	0.1	60.4	96.2	14.1
C	Moderate risk	2.45	45,656	668	931	31.3	11.1	15.3	0.3	62.7	95.2	15.5
D	Other	3.35	25,427	518	1,327	35.1	10.6	20.1	0.3	70.5	95.0	8.5

2.	Zero interval	2.92	24,875	388	853	51.7	28.9	46.3	0.4	45.4	95.6	13.6
A	Minimal risk	1.77	688	798	823	58.2	12.1	50.5	0.2	31.3	94.5	4.3
B	Low risk	2.00	4,373	832	826	32.1	45.3	26.3	0.2	58.0	97.4	11.6
C	Moderate risk	3.00	11,319	378	851	52.0	25.8	47.6	0.5	42.2	94.8	15.2
D	Other	3.32	7,886	319	883	58.5	23.1	51.9	0.5	46.3	96.0	13.6

3.	Daily	1.93	8,580	681	845	16.5	0.3	7.2	0.1	77.1	98.3	24.9
A	Minimal risk	2.47	31	132	927	97.4	0.6	35.7	0.0	1.7	97.4	2.2
B	Low risk	1.55	2,095	1,466	494	12.7	0.6	4.0	0.0	53.0	99.9	38.4
C	Moderate risk	1.82	5,902	1,632	955	12.1	0.2	4.0	0.1	88.8	98.0	21.0
D	Other	4.07	431	132	863	68.9	1.0	39.5	0.4	54.1	94.4	16.5

4.	2 to 30 days	2.11	44,721	928	1,020	28.5	8.8	7.7	0.1	70.3	94.6	13.7
A	Minimal risk	0.71	271	2,410	318	24.2	58.8	2.0	0.0	30.2	99.8	6.2
B	Low risk	1.45	13,164	2,423	898	19.9	2.4	2.9	0.0	64.0	96.2	11.1
C	Moderate risk	2.15	22,701	859	1,066	27.9	6.5	4.9	0.1	75.2	95.1	16.8
D	Other	3.18	7,295	525	1,223	41.3	10.7	10.2	0.1	70.2	89.4	10.2

5.	31 to 365 days	3.72	16,322	1,243	1,342	10.5	5.0	1.9	0.2	69.7	98.4	3.1
A	Minimal risk	2.84	120	172	213	70.1	5.0	12.6	0.3	38.9	83.5	12.3
B	Low risk	2.14	648	347	608	38.4	19.8	2.8	0.5	20.2	82.7	8.2
C	Moderate risk	3.00	4,520	1,025	305	13.3	11.3	2.1	0.4	22.1	97.4	4.0
D	Other	3.41	9,226	1,810	1,766	6.2	0.4	0.6	0.1	92.9	99.9	2.6
					Months
6.	More than 365 days	3.87	2,265	307	47	62.7	11.8	9.5	1.4	54.9	79.3	11.5
A	Minimal risk	4.21	92	661	71	61.0	8.6	3.4	0.3	65.8	92.6	3.1
B	Low risk	2.51	303	500	38	27.4	2.6	4.1	0.9	78.6	88.3	17.4
C	Moderate risk	3.96	1,193	317	48	63.6	13.2	12.1	1.8	46.3	77.7	10.9
D	Other	4.22	584	285	47	74.5	9.3	8.7	1.2	60.0	76.0	11.5
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.90	3,481	3.3	91	90.0	8.8	56.7	1.8	10.5	77.7	10.1
8.	100 - 999	3.46	12,176	3.2	87	83.2	16.3	52.6	0.9	19.6	83.6	12.7
9.	1,000 - 9,999	2.69	19,712	3.1	97	47.4	18.0	28.3	0.3	57.2	96.5	16.7
10.	10,000+	2.36	61,452	3.0	37	12.3	10.5	3.5	0.0	78.1	98.4	11.7
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	3.97	16,117	3.2	27	73.6	11.7	200	0.7	35.0	84.5	12.3
12.	Other	2.35	80,704	3.0	64	22.7	12.8	1,235	0.1	69.8	97.6	12.9

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	2.56	91,600	814	1,040	29.5	13.1	15.1	0.1	65.2	95.8	13.0
A	Minimal risk	1.59	1,045	998	768	46.8	23.8	32.2	0.1	34.8	95.8	4.8
B	Low risk	1.57	20,270	1,685	844	21.4	12.1	7.3	0.0	61.1	96.3	14.2
C	Moderate risk	2.36	43,849	825	937	29.1	11.3	13.6	0.0	64.5	95.6	16.0
D	Other	3.40	22,688	622	1,367	34.8	11.4	18.1	0.1	71.4	95.2	7.8

2.	Zero interval	2.90	21,657	454	859	52.8	32.7	46.1	0.2	43.7	95.7	13.8
A	Minimal risk	1.67	659	1,139	815	56.6	12.2	48.8	0.2	32.5	94.4	4.4
B	Low risk	1.95	4,230	970	842	30.5	46.8	24.6	0.1	59.5	97.3	11.7
C	Moderate risk	2.91	10,527	460	880	49.7	27.4	45.8	0.2	43.6	95.2	15.9
D	Other	3.60	5,712	335	842	71.1	30.7	57.9	0.2	36.3	95.8	12.8

3.	Daily	1.81	8,211	890	861	13.2	0.1	3.5	0.0	79.8	98.4	25.8
A	Minimal risk	2.24	27	155	1,098	97.0	0.7	26.1	0.1	1.9	96.9	2.2
B	Low risk	1.50	2,052	1,919	482	11.4	0.1	2.3	0.0	54.1	100.0	39.1
C	Moderate risk	1.73	5,723	2,810	975	9.7	0.1	1.2	0.0	91.3	97.9	21.5
D	Other	3.86	320	157	975	60.6	0.3	22.5	0.3	68.2	95.3	19.4

4.	2 to 30 days	2.10	44,421	978	1,022	28.1	8.8	7.5	0.0	70.6	94.6	13.8
A	Minimal risk	0.61	258	3,880	315	20.5	61.7	0.0	0.0	31.7	99.8	6.5
B	Low risk	1.45	13,146	2,589	898	19.8	2.4	2.9	0.0	64.1	96.2	11.1
C	Moderate risk	2.14	22,565	905	1,069	27.6	6.5	4.7	0.0	75.5	95.1	16.9
D	Other	3.18	7,162	552	1,230	40.8	10.8	9.9	0.1	70.9	89.2	10.3

5.	31 to 365 days	3.69	15,819	1,967	1,368	8.1	5.1	1.0	0.0	71.1	99.0	3.0
A	Minimal risk	1.65	32	162	163	11.3	19.0	13.5	0.0	21.7	83.2	3.5
B	Low risk	1.74	555	438	666	28.3	22.8	1.7	0.0	20.1	84.7	9.1
C	Moderate risk	2.89	4,325	1,855	281	10.5	11.8	0.5	0.0	22.1	98.5	4.1
D	Other	3.40	9,113	2,487	1,784	5.3	0.4	0.1	0.0	93.8	99.9	2.5
					Months
6.	More than 365 days	3.29	1,449	714	46	45.0	12.1	2.0	0.5	72.7	84.7	16.4
A	Minimal risk	4.14	69	2,009	73	48.4	3.6	4.5	0.0	86.1	100.0	3.5
B	Low risk	2.17	263	1,063	39	16.6	2.7	1.2	1.0	86.4	91.7	18.8
C	Moderate risk	3.19	696	784	48	42.5	15.7	1.0	0.2	68.5	79.4	18.2
D	Other	3.95	378	556	42	63.8	5.0	3.7	0.8	75.5	87.3	14.7
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.58	2,634	3.3	32	91.7	9.8	54.2	1.0	6.3	76.0	11.3
8.	100 - 999	3.28	10,098	3.2	49	83.4	18.0	51.2	0.2	18.3	83.6	14.1
9.	1,000 - 9,999	2.62	18,787	3.1	73	45.9	18.7	27.2	0.1	58.7	96.6	17.3
10.	10,000+	2.37	60,081	3.0	38	12.5	10.7	3.5	0.0	77.6	98.4	11.6
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	3.89	13,820	3.2	7	72.7	13.0	235	0.3	37.4	83.6	13.4
12.	Other	2.32	77,780	3.0	53	21.8	13.1	1,449	0.0	70.1	97.9	12.9

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	3.64	5,221	157	868	61.0	4.7	44.0	2.9	44.4	89.7	9.6
A	Minimal risk	3.55	157	157	627	94.0	5.1	29.4	0.4	26.4	85.7	9.5
B	Low risk	3.93	345	127	487	83.4	4.4	54.0	3.0	16.7	87.7	5.3
C	Moderate risk	4.54	1,806	119	785	85.4	5.4	55.3	5.6	20.1	85.1	3.3
D	Other	2.94	2,740	217	996	37.7	4.4	36.5	1.5	63.1	93.4	14.2

2.	Zero interval	3.08	3,217	196	813	44.2	3.2	47.1	2.3	56.9	94.8	12.6
A	Minimal risk	4.08	29	102	1,071	94.6	9.4	88.8	0.2	3.1	95.8	3.9
B	Low risk	3.43	143	159	250	78.7	0.2	78.2	4.9	11.6	99.5	6.9
C	Moderate risk	4.17	793	112	342	82.5	3.8	71.9	5.6	23.1	89.4	5.3
D	Other	2.59	2,174	284	991	25.4	3.2	36.1	1.1	72.3	96.6	15.7

3.	Daily	4.58	370	110	463	88.5	4.5	90.9	1.6	17.1	96.4	4.4
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	3.84	43	118	1,187	71.6	24.1	84.7	0.0	1.0	98.8	4.0
C	Moderate risk	4.56	179	113	304	87.6	1.8	92.2	2.9	8.8	98.0	3.1
D	Other	4.67	112	91	525	92.7	2.9	88.4	0.4	13.5	91.8	8.2

4.	2 to 30 days	3.45	299	106	715	79.7	8.1	32.5	5.6	29.4	97.2	4.5
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	3.55	18	49	761	76.1	12.4	68.4	0.0	10.2	98.6	3.5
C	Moderate risk	3.80	136	90	613	87.4	11.2	33.6	10.3	28.7	94.9	4.2
D	Other	3.14	133	147	854	70.4	5.2	25.5	2.1	35.6	99.1	5.4

5.	31 to 365 days	4.59	503	99	493	83.3	2.4	29.0	6.0	26.4	79.6	7.4
A	Minimal risk	3.27	88	176	231	91.3	0.0	12.3	0.5	45.1	83.6	15.5
B	Low risk	4.52	93	155	261	98.8	1.7	8.7	3.6	20.3	70.5	1.6
C	Moderate risk	5.31	195	94	855	74.6	0.8	37.9	8.2	21.7	73.7	0.4
D	Other	4.34	114	79	306	77.3	4.3	41.5	9.1	25.0	94.8	14.9
					Months
6.	More than 365 days	4.90	816	153	49	94.2	11.2	22.9	3.1	23.2	69.7	0.8
A	Minimal risk	4.42	23	217	61	99.1	23.7	0.0	1.1	4.0	70.0	1.6
B	Low risk	4.78	40	110	32	99.5	2.1	23.2	0.0	26.8	65.7	4.3
C	Moderate risk	5.03	498	173	48	93.0	9.6	27.8	4.1	15.4	75.2	0.2
D	Other	4.71	206	151	56	94.2	17.3	17.9	2.0	31.6	55.5	2.2
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	4.89	848	3.3	275	84.5	5.9	64.5	4.5	23.3	83.0	6.6
8.	100 - 999	4.31	2,078	3.3	271	82.1	7.7	59.5	4.0	25.9	83.3	5.8
9.	1,000 - 9,999	4.03	925	3.1	574	77.5	4.0	50.7	3.5	28.0	94.8	4.5
10.	10,000+	...	...	...	...	...	...	...	...	...	...	...
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.48	2,298	3.4	148	78.5	4.1	106	3.2	20.5	89.8	6.5
12.	Other	2.98	2,924	3.5	337	47.2	5.2	251	2.7	63.2	89.5	12.0

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	1.19	33,505	10,153	312	48.4	65.9	2.3	0.0	21.8	59.1	10.2
A	Minimal risk	1.63	988	5,720	639	11.2	33.4	0.0	0.0	58.4	74.8	3.4
B	Low risk	1.14	10,128	18,682	356	52.8	64.9	1.4	0.0	17.7	77.9	5.9
C	Moderate risk	1.20	8,738	7,576	311	34.5	61.6	3.0	0.0	24.7	60.1	10.4
D	Other	1.10	11,829	10,191	142	60.6	69.3	1.8	0.0	8.1	34.5	8.3

2.	Zero interval	4.41	432	933	1,081	54.6	0.0	97.4	0.0	62.8	100.0	22.7
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	3.88	79	2,113	1,056	27.6	0.0	100.0	0.0	100.0	100.0	14.6
C	Moderate risk	4.13	159	726	1,058	36.6	0.0	99.2	0.0	62.5	100.0	25.7
D	Other	4.84	195	950	1,111	80.0	0.0	95.0	0.0	48.0	100.0	23.5

3.	Daily	0.73	14,998	27,445	82	61.1	64.6	0.0	0.0	3.9	30.8	4.3
A	Minimal risk	1.05	165	4,446	147	15.0	84.7	0.0	0.0	7.1	15.3	0.0
B	Low risk	0.80	4,101	52,109	92	55.2	50.7	0.0	0.0	4.0	50.7	4.2
C	Moderate risk	0.74	3,294	18,528	160	49.4	58.0	0.1	0.0	9.3	39.1	5.0
D	Other	0.68	7,438	29,419	42	70.5	74.7	0.0	0.0	1.4	16.5	3.7

4.	2 to 30 days	1.33	14,386	9,655	387	36.5	68.2	0.9	0.0	26.9	78.1	7.7
A	Minimal risk	1.31	304	4,639	429	7.1	62.1	0.0	0.0	30.8	64.1	0.7
B	Low risk	1.28	5,232	16,855	524	46.7	75.5	0.0	0.0	27.3	98.0	4.8
C	Moderate risk	1.28	4,881	8,480	340	24.6	65.1	0.2	0.0	32.3	70.0	11.4
D	Other	1.45	3,792	7,564	228	41.4	65.4	0.0	0.0	15.6	61.0	9.1

5.	31 to 365 days	2.61	938	2,751	705	35.0	50.4	4.2	0.1	44.5	80.1	9.7
A	Minimal risk	2.29	25	723	152	32.5	5.8	0.0	0.0	3.5	100.0	0.1
B	Low risk	1.49	230	4,386	617	61.8	37.9	0.0	0.0	39.3	49.7	2.5
C	Moderate risk	2.68	327	2,668	810	19.0	70.2	5.4	0.0	52.0	94.2	14.3
D	Other	3.49	278	2,888	442	41.3	47.3	0.0	0.0	28.0	80.1	10.4
					Months
6.	More than 365 days	2.36	1,602	3,739	44	54.7	62.1	10.4	0.0	89.6	100.0	14.3
A	Minimal risk	1.85	470	17,919	32	12.0	0.0	0.0	0.0	100.0	100.0	5.0
B	Low risk	3.32	98	1,733	43	87.1	65.8	65.8	0.0	34.2	100.0	12.9
C	Moderate risk	4.02	77	1,312	45	87.9	91.0	91.0	0.0	9.0	100.0	10.4
D	Other	4.43	126	1,204	46	69.8	24.9	24.9	0.0	75.1	100.0	12.7
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.66	10	3.3	185	48.7	37.9	58.7	0.0	49.2	90.3	17.3
8.	100 - 999	2.93	516	3.2	253	44.1	50.1	27.3	0.2	54.6	88.4	13.9
9.	1,000 - 9,999	2.11	5,094	3.1	227	44.7	54.3	10.5	0.0	44.5	81.7	13.6
10.	10,000+	0.98	27,885	3.0	46	49.2	68.4	0.3	0.0	17.1	54.4	9.1
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	3.84	765	3.1	296	46.4	26.2	1,148	0.2	54.4	98.4	17.4
12.	Other	1.12	32,740	3.0	73	48.5	66.9	12,433	0.0	21.1	58.1	9.9

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	2.27	45,622	1,094	3.3	66	39.0	38.0	8.3	0.1	33.8
A	Not under commitment	1.36	18,135	650	3.3	52	74.6	42.9	13.9	0.1	2.1
B	Informal commitment	1.13	5,285	924	2.6	29	18.6	87.1	5.4	0.1	7.6
C	Formal commitment	3.28	22,202	2,743	3.5	86	14.9	22.4	4.4	0.2	65.9
2.	Before survey week 11
A	Up to 90 days	1.86	20,942	862	2.6	76	23.3	31.4	11.4	0.2	59.6
B	91 to 365 days	2.47	24,055	472	3.0	47	42.7	14.7	22.2	0.4	56.2
C	More than 365 days	2.29	39,688	1,243	3.0	61	33.8	17.4	13.6	0.1	70.3

Domestic banks
3.	During survey week	3.60	24,279	600	3.5	117	25.8	11.8	15.4	0.3	58.3
A	Not under commitment	3.62	4,422	162	3.1	200	76.4	12.5	56.6	0.4	8.7
B	Informal commitment	3.00	858	157	2.8	143	72.7	24.1	31.4	0.6	20.6
C	Formal commitment	3.62	19,000	2,458	3.6	97	11.9	11.0	5.1	0.2	71.5
4.	Before survey week 11
A	Up to 90 days	1.97	15,950	672	2.6	47	23.7	17.5	14.6	0.3	65.3
B	91 to 365 days	2.49	22,518	445	3.0	35	43.0	12.7	22.4	0.4	56.7
C	More than 365 days	2.31	34,067	1,104	3.0	35	30.7	11.0	14.6	0.1	72.4

Large domestic banks
5.	During survey week	3.54	22,195	807	3.5	76	21.6	12.3	13.3	0.1	60.1
A	Not under commitment	3.38	3,882	178	3.1	125	75.5	13.2	58.4	0.3	4.9
B	Informal commitment	1.95	507	323	2.6	37	64.0	36.9	8.3	0.0	25.1
C	Formal commitment	3.61	17,806	4,245	3.6	67	8.6	11.4	3.6	0.1	73.1
6.	Before survey week 11
A	Up to 90 days	1.88	15,283	816	2.6	42	21.1	18.0	12.5	0.1	67.7
B	91 to 365 days	2.40	21,361	553	3.0	35	41.0	13.0	19.8	0.1	58.3
C	More than 365 days	2.32	32,761	1,185	2.9	36	31.2	11.4	14.5	0.0	71.9

Small domestic banks
7.	During survey week	4.25	2,085	161	3.3	550	71.2	5.8	38.4	2.0	38.6
A	Not under commitment	5.34	540	97	3.2	734	82.4	7.9	43.3	1.2	36.1
B	Informal commitment	4.53	351	90	3.0	297	85.3	5.5	64.9	1.5	14.2
C	Formal commitment	3.68	1,194	338	3.4	540	62.0	4.9	28.4	2.5	46.9
8.	Before survey week 11
A	Up to 90 days	4.02	667	134	3.1	167	82.6	6.1	63.4	4.6	11.2
B	91 to 365 days	4.09	1,156	97	3.4	37	79.7	6.4	71.9	5.9	27.3
C	More than 365 days	2.05	1,306	409	3.8	18	17.1	1.0	18.3	1.0	86.2

Foreign banks
9.	During survey week	0.76	21,343	17,667	3.1	8	54.1	67.9	0.1	0.0	6.0
A	Not under commitment	0.63	13,713	23,264	3.4	5	74.0	52.7	0.1	0.0	0.0
B	Informal commitment	0.77	4,427	17,312	2.5	7	8.1	99.3	0.3	0.0	5.1
C	Formal commitment	1.29	3,202	8,825	2.8	24	32.2	89.6	0.2	0.0	32.8
10.	Before survey week 11
A	Up to 90 days	1.52	4,993	8,587	2.6	167	22.3	75.7	1.1	0.0	41.3
B	91 to 365 days	2.29	1,537	3,481	3.1	221	39.1	44.1	18.0	0.0	48.3
C	More than 365 days	2.20	5,621	5,270	2.8	261	52.7	55.9	7.1	0.0	57.6

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	4.63	219	93	3.3	238	50.5	43.6	50.7	31.9
2.	Domestic banks	4.63	218	93	3.3	239	50.3	43.8	50.4	31.5
3.	Large domestic banks	5.30	65	73	3.3	276	74.9	44.9	57.5	0.0
4.	Small domestic banks	4.35	153	106	3.3	224	39.8	43.4	47.4	44.8
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	2.44	69,323	3,141	3.1	78	19.0	16.8	8.7	0.1
2.	Domestic banks	2.50	62,004	3,016	3.1	54	18.2	10.5	9.1	0.1
3.	Large domestic banks	2.49	59,684	4,521	3.1	50	17.8	10.9	8.7	0.0
4.	Small domestic banks	2.73	2,320	315	3.7	134	28.7	1.4	20.3	3.0
5.	Foreign banks	1.95	7,319	4,846	2.6	312	26.0	69.8	5.7	0.0

Summary statistics		All commercial banks	Domestic banks	Large domestic banks	Small domestic banks	Foreign banks
1.	Average reported prime rate	3.36	3.37	3.36	3.39	3.20
2.	Standard error of loan rate	.13	.12	.12	.33	.19

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 December 31, 2013 , assets of the large banks were at least $4.7 billion. Median total assets for all insured banks were roughly $162 million. Assets at all U.S. branches and agencies averaged 10.3 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.