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Survey of Terms of Business Lending - E.2

Release Date: October 3, 2014

E.2 Survey of Terms of Business Lending
AUGUST 4-8, 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	2.23	83,878	626	733	38.1	29.3	19.3	0.3	43.9	81.5	13.2
A	Minimal risk	1.02	2,973	1,410	211	22.8	62.9	15.7	0.0	18.4	88.1	3.1
B	Low risk	1.59	17,503	1,190	631	21.1	34.8	11.1	0.0	35.7	77.8	12.7
C	Moderate risk	2.25	37,457	590	842	34.8	19.7	19.2	0.4	52.7	86.2	14.8
D	Other	2.61	20,857	475	568	58.6	38.1	23.2	0.3	32.0	71.6	11.9

2.	Zero interval	3.17	21,389	359	890	59.5	21.8	52.0	0.5	42.5	96.0	13.6
A	Minimal risk	2.20	507	824	544	54.1	8.2	60.6	0.2	21.9	66.1	10.8
B	Low risk	2.45	2,611	537	898	53.6	14.6	44.1	0.0	56.6	94.0	19.7
C	Moderate risk	2.99	11,035	388	947	51.4	21.8	49.2	0.6	43.1	97.4	13.7
D	Other	3.76	6,569	290	824	72.6	28.0	56.8	0.5	38.4	98.0	11.8

3.	Daily	1.07	15,359	2,317	243	30.5	37.3	4.2	0.0	24.0	44.9	16.1
A	Minimal risk	0.48	868	3,307	173	8.7	87.5	2.3	0.0	6.0	100.0	0.2
B	Low risk	0.85	3,904	2,325	83	8.5	22.0	3.4	0.0	17.6	35.0	23.3
C	Moderate risk	1.23	5,495	2,115	489	20.0	20.0	3.8	0.0	44.3	62.7	19.6
D	Other	1.13	5,047	2,795	111	61.9	59.8	4.9	0.0	9.4	23.4	9.9

4.	2 to 30 days	2.09	28,435	633	747	30.4	28.9	10.2	0.1	46.2	83.7	12.6
A	Minimal risk	0.36	1,019	7,107	27	1.6	97.5	0.1	0.0	0.9	100.0	0.1
B	Low risk	1.52	6,329	1,227	531	21.6	38.3	6.5	0.0	34.3	87.5	10.8
C	Moderate risk	2.05	12,802	537	817	30.9	16.9	8.9	0.1	56.3	82.2	17.0
D	Other	2.24	6,006	438	557	42.4	42.7	9.5	0.2	34.5	74.7	11.7

5.	31 to 365 days	2.08	14,616	1,246	816	25.6	26.7	5.0	0.4	53.6	91.6	10.2
A	Minimal risk	1.84	516	651	195	53.9	14.6	26.2	0.0	65.8	64.8	8.4
B	Low risk	1.61	4,027	1,699	1,005	8.7	53.9	0.6	0.0	34.4	91.3	6.4
C	Moderate risk	1.98	6,883	1,571	859	22.7	19.5	1.4	0.5	64.5	93.9	11.4
D	Other	2.87	2,407	811	573	45.9	12.0	4.5	0.5	48.6	90.0	14.7
					Months
6.	More than 365 days	3.69	3,199	397	51	65.2	40.0	21.1	0.7	73.3	89.6	11.8
A	Minimal risk	2.92	63	224	43	54.4	0.0	4.1	0.0	58.1	98.1	20.0
B	Low risk	3.37	598	969	47	40.2	37.4	36.4	0.0	87.8	97.3	16.3
C	Moderate risk	3.87	1,185	332	54	62.7	28.9	23.7	1.7	72.9	88.2	7.9
D	Other	4.40	808	357	51	84.2	30.3	19.8	0.3	55.1	81.3	8.7
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.77	3,119	3.3	112	86.2	6.7	53.8	1.8	14.1	75.7	8.6
8.	100 - 999	3.34	12,193	3.2	84	80.1	14.0	50.9	0.9	22.7	82.1	12.1
9.	1,000 - 9,999	2.56	22,829	3.1	122	44.6	27.9	26.1	0.2	54.0	90.3	14.7
10.	10,000+	1.67	45,737	2.9	43	20.3	35.6	5.1	0.0	46.6	77.3	13.0
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	3.94	16,186	3.2	66	73.5	6.2	235	1.0	38.9	83.6	11.9
12.	Other	1.82	67,692	3.0	75	29.6	34.8	1,040	0.1	45.1	81.0	13.6

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	2.74	56,441	432	924	45.2	12.8	26.7	0.4	54.4	92.3	14.4
A	Minimal risk	2.14	1,004	539	425	52.3	7.6	46.3	0.1	43.8	68.9	8.0
B	Low risk	2.04	9,609	679	676	36.5	11.7	17.7	0.0	45.9	90.5	18.3
C	Moderate risk	2.50	29,903	479	995	38.5	11.8	22.1	0.5	60.5	93.7	15.4
D	Other	3.48	12,246	288	849	65.6	20.0	37.0	0.5	45.4	91.6	12.3

2.	Zero interval	3.13	20,866	353	882	60.2	22.4	50.9	0.5	43.4	95.9	13.3
A	Minimal risk	2.20	507	827	544	54.1	8.2	60.6	0.2	21.9	66.1	10.8
B	Low risk	2.44	2,585	534	893	54.1	14.8	43.6	0.0	57.1	94.0	19.8
C	Moderate risk	2.95	10,716	379	940	52.0	22.4	47.7	0.7	44.2	97.3	13.4
D	Other	3.72	6,392	285	813	73.4	28.8	55.7	0.5	39.4	97.9	11.3

3.	Daily	2.06	4,365	721	764	30.0	3.1	14.6	0.1	73.8	97.4	22.6
A	Minimal risk	2.34	57	320	952	99.9	0.2	34.5	0.0	0.0	99.8	3.7
B	Low risk	1.68	1,116	692	347	29.0	3.7	11.7	0.0	61.3	99.4	28.6
C	Moderate risk	1.80	2,505	1,020	1,010	21.6	3.5	8.2	0.0	89.1	96.8	23.4
D	Other	3.52	643	423	457	53.6	0.9	37.1	0.3	41.1	96.5	11.6

4.	2 to 30 days	2.60	19,525	445	980	41.0	4.3	14.9	0.2	57.5	87.2	15.6
A	Minimal risk	1.65	16	174	593	69.5	36.9	5.7	0.0	18.2	100.0	9.4
B	Low risk	2.00	3,825	777	609	35.4	4.0	10.7	0.0	34.2	84.9	16.6
C	Moderate risk	2.30	10,239	435	967	36.6	2.6	11.0	0.2	65.7	87.9	18.5
D	Other	3.02	3,324	249	891	64.1	11.7	17.1	0.3	50.7	80.9	13.9

5.	31 to 365 days	2.22	9,602	882	825	24.5	13.2	7.3	0.5	63.6	94.5	11.8
A	Minimal risk	2.04	392	565	180	43.8	7.3	34.4	0.0	81.9	64.6	5.6
B	Low risk	1.66	1,725	786	561	17.3	29.1	1.4	0.1	39.6	92.9	12.4
C	Moderate risk	2.11	5,489	1,342	1,006	20.1	11.9	1.4	0.7	69.3	97.5	11.7
D	Other	3.04	1,278	470	748	27.4	6.4	8.4	1.0	67.8	93.0	15.7
					Months
6.	More than 365 days	3.86	1,950	255	54	64.4	13.6	6.5	1.2	56.4	82.9	9.5
A	Minimal risk	2.20	31	115	37	31.7	0.0	8.4	0.0	15.5	96.1	4.9
B	Low risk	2.79	326	581	45	41.3	3.9	2.4	0.0	77.6	95.1	18.4
C	Moderate risk	3.84	922	264	57	58.0	13.4	6.7	2.2	65.1	84.8	7.4
D	Other	4.36	589	281	54	87.2	21.4	7.0	0.4	39.1	74.1	7.1
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.77	3,108	3.3	112	86.3	6.7	53.8	1.8	14.0	75.7	8.6
8.	100 - 999	3.35	11,730	3.2	78	81.5	13.1	51.8	0.9	21.5	81.9	12.0
9.	1,000 - 9,999	2.71	17,411	3.1	89	49.6	17.6	30.3	0.3	55.9	94.3	15.4
10.	10,000+	2.32	24,192	2.9	47	19.2	9.9	8.4	0.0	74.5	98.1	15.3
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	3.92	15,045	3.2	21	75.7	2.6	220	1.0	37.5	82.4	11.5
12.	Other	2.31	41,396	3.0	88	34.1	16.5	663	0.1	60.6	95.9	15.3

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	2.62	52,178	531	934	42.3	13.1	23.6	0.1	56.2	93.1	15.1
A	Minimal risk	1.84	800	789	475	41.2	9.5	37.2	0.2	37.4	77.9	8.4
B	Low risk	1.97	9,187	807	682	35.0	12.1	16.2	0.0	46.9	90.5	18.9
C	Moderate risk	2.38	27,766	592	1,006	35.7	11.8	19.1	0.1	62.6	94.7	16.1
D	Other	3.37	10,900	347	844	62.6	21.3	32.5	0.2	47.7	92.2	13.2

2.	Zero interval	3.03	18,653	432	916	58.0	24.0	47.5	0.1	46.1	97.2	14.1
A	Minimal risk	2.12	470	972	544	51.1	8.9	59.9	0.3	23.7	63.4	11.4
B	Low risk	2.36	2,374	597	924	54.8	16.1	42.2	0.0	60.8	93.8	21.0
C	Moderate risk	2.82	9,498	468	979	48.7	23.8	43.5	0.2	47.2	99.5	14.2
D	Other	3.65	5,676	358	848	71.5	31.6	52.2	0.1	41.7	99.1	11.9

3.	Daily	1.78	3,871	1,658	796	22.0	3.1	4.6	0.0	79.7	97.8	24.8
A	Minimal risk	2.25	49	306	1,142	99.9	0.3	24.6	0.0	0.0	99.8	3.9
B	Low risk	1.57	1,061	909	350	25.4	3.8	7.3	0.0	64.4	99.4	29.8
C	Moderate risk	1.64	2,350	2,997	1,045	16.9	3.3	3.3	0.0	94.4	97.0	24.6
D	Other	3.10	411	1,874	377	33.5	0.4	2.9	0.1	44.2	97.9	15.7

4.	2 to 30 days	2.57	19,098	465	981	40.5	4.2	14.5	0.1	57.8	87.0	15.9
A	Minimal risk	1.61	16	275	593	68.7	37.8	3.4	0.0	18.6	100.0	9.6
B	Low risk	1.97	3,752	825	612	34.2	3.7	10.6	0.0	34.8	84.8	16.9
C	Moderate risk	2.26	9,957	452	960	36.2	2.5	10.5	0.0	65.9	87.7	18.9
D	Other	3.00	3,252	262	907	63.4	11.9	16.2	0.2	51.5	80.6	14.1

5.	31 to 365 days	2.08	8,970	1,554	841	20.4	13.7	4.4	0.1	63.3	97.0	12.2
A	Minimal risk	1.23	243	862	216	11.8	11.8	0.3	0.0	75.8	98.2	5.8
B	Low risk	1.56	1,667	1,174	572	15.3	30.1	0.7	0.0	39.0	93.5	12.7
C	Moderate risk	2.00	5,254	2,606	1,018	17.9	11.8	0.3	0.0	69.4	98.8	12.0
D	Other	2.85	1,140	767	694	19.9	6.5	1.4	0.1	69.9	93.8	17.3
					Months
6.	More than 365 days	3.52	1,459	517	50	55.2	10.5	3.0	0.2	61.9	87.0	11.8
A	Minimal risk	1.69	22	734	37	5.1	0.0	11.6	0.0	5.6	99.7	5.3
B	Low risk	2.69	301	1,142	44	36.4	4.0	1.0	0.0	76.4	97.9	19.3
C	Moderate risk	3.49	682	625	57	48.2	11.3	2.2	0.1	72.5	87.8	9.3
D	Other	4.12	401	409	44	82.1	15.5	3.8	0.4	44.4	78.2	9.6
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.42	2,295	3.3	54	85.9	7.8	51.9	1.0	8.4	72.3	10.1
8.	100 - 999	3.19	9,779	3.2	54	81.5	13.9	49.5	0.2	20.7	81.0	13.5
9.	1,000 - 9,999	2.64	16,179	3.1	74	47.3	17.8	27.3	0.0	57.2	95.6	16.1
10.	10,000+	2.31	23,925	2.9	47	18.7	10.0	7.8	0.0	74.6	98.5	15.4
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	3.87	12,310	3.2	9	74.0	1.1	251	0.3	39.2	83.0	12.9
12.	Other	2.24	39,867	3.0	71	32.5	16.8	811	0.0	61.4	96.3	15.7

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	4.11	4,263	131	788	81.1	9.2	64.2	3.9	32.9	81.8	4.5
A	Minimal risk	3.31	204	240	209	95.7	0.0	82.3	0.0	69.1	33.4	4.5
B	Low risk	3.61	422	153	506	68.1	3.8	49.5	0.3	22.4	91.3	5.8
C	Moderate risk	4.07	2,136	137	839	75.3	11.6	61.5	5.8	32.9	81.4	4.3
D	Other	4.37	1,346	121	884	90.2	9.2	73.0	3.1	27.4	86.4	4.7

2.	Zero interval	3.95	2,212	138	535	78.5	8.2	78.9	3.6	21.0	85.1	5.7
A	Minimal risk	3.22	37	285	523	93.2	0.0	69.8	0.0	0.0	100.0	5.9
B	Low risk	3.35	211	243	397	45.7	0.0	59.1	0.0	15.7	96.0	6.8
C	Moderate risk	3.89	1,218	153	596	77.6	11.2	81.0	4.5	20.8	80.3	5.5
D	Other	4.26	715	109	470	88.1	6.2	83.3	3.5	21.6	88.6	5.9

3.	Daily	4.27	494	133	504	92.6	3.3	93.1	0.4	27.8	94.5	4.3
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	3.86	55	123	220	99.0	0.8	96.4	0.6	1.6	100.0	6.0
C	Moderate risk	4.32	155	93	473	93.2	6.3	83.1	0.0	9.6	93.2	5.1
D	Other	4.26	232	179	605	89.2	1.8	97.5	0.7	35.5	94.1	4.1

4.	2 to 30 days	3.64	427	151	934	66.6	9.3	32.6	3.9	43.1	94.4	3.6
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	3.28	72	193	462	93.8	20.8	18.8	0.0	6.0	94.0	4.5
C	Moderate risk	3.61	282	190	1,191	52.3	7.6	28.8	4.7	60.2	94.3	2.5
D	Other	4.14	72	78	322	95.0	4.7	61.0	4.7	13.4	94.9	7.0

5.	31 to 365 days	4.24	633	124	601	83.2	6.8	47.9	7.5	66.8	60.2	2.3
A	Minimal risk	3.34	149	363	121	95.8	0.0	89.7	0.0	91.8	9.9	2.0
B	Low risk	4.62	58	75	256	74.5	0.0	21.6	1.8	57.2	75.9	4.2
C	Moderate risk	4.58	235	113	723	70.1	14.5	27.3	15.3	67.3	68.0	3.0
D	Other	4.60	138	112	1,217	89.4	6.3	66.3	7.7	50.4	86.3	1.4
					Months
6.	More than 365 days	4.85	491	102	66	91.7	22.6	16.9	4.1	39.8	71.1	1.1
A	Minimal risk	3.51	9	36	37	100.0	0.0	0.0	0.0	40.7	86.8	3.6
B	Low risk	3.90	25	85	65	100.0	2.5	18.9	0.0	91.4	60.8	1.8
C	Moderate risk	4.84	240	100	58	85.8	19.4	19.3	8.0	44.3	76.4	1.1
D	Other	4.86	189	169	76	98.0	33.9	13.6	0.4	27.8	65.9	1.1
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	4.77	812	3.3	269	87.5	3.7	59.4	4.0	30.0	85.2	5.0
8.	100 - 999	4.13	1,951	3.2	198	81.6	8.8	63.0	4.2	25.6	86.3	4.9
9.	1,000 - 9,999	3.74	1,232	3.0	300	80.5	15.3	69.9	4.2	39.8	76.4	4.0
10.	10,000+	...	...	...	...	...	...	...	...	...	...	...
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.13	2,735	3.2	74	83.2	9.5	142	4.6	29.8	79.9	4.8
12.	Other	4.07	1,528	3.1	507	77.2	8.5	115	2.8	38.5	85.3	3.8

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	27,437	8,287	369	23.4	63.3	4.2	0.0	22.3	59.2	9.5
A	Minimal risk	0.45	1,969	7,979	109	7.8	91.1	0.0	0.0	5.5	97.8	1.3
B	Low risk	1.05	7,895	14,058	582	2.3	63.0	3.0	0.0	23.4	62.3	2.8
C	Moderate risk	1.26	7,554	7,343	285	20.4	50.9	7.8	0.0	21.7	56.5	10.5
D	Other	1.37	8,611	6,575	220	48.7	64.0	3.5	0.0	13.0	43.3	10.8

2.	Zero interval	4.59	523	1,229	1,169	33.8	0.4	97.8	0.0	6.2	100.0	24.7
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	...	...	...	...	...	...	...	...	...	...	...
C	Moderate risk	4.35	319	1,854	1,163	30.1	0.6	98.2	0.0	9.0	100.0	24.0
D	Other	5.17	177	773	1,158	44.4	0.0	96.9	0.0	1.3	100.0	27.9

3.	Daily	0.67	10,994	18,955	61	30.7	50.9	0.1	0.0	4.2	24.1	5.8
A	Minimal risk	0.35	811	9,535	146	2.3	93.6	0.0	0.0	6.4	100.0	0.0
B	Low risk	0.52	2,788	42,285	2	0.3	29.4	0.0	0.0	0.1	9.2	0.6
C	Moderate risk	0.74	2,990	20,980	90	18.7	33.8	0.1	0.0	6.8	34.1	10.6
D	Other	0.78	4,404	15,375	63	63.2	68.4	0.2	0.0	4.8	12.7	8.1

4.	2 to 30 days	0.98	8,911	8,912	309	7.1	82.7	0.1	0.0	21.3	76.1	5.1
A	Minimal risk	0.34	1,003	19,637	18	0.5	98.5	0.0	0.0	0.6	100.0	0.0
B	Low risk	0.80	2,504	10,605	429	0.5	90.6	0.0	0.0	34.5	91.5	2.5
C	Moderate risk	1.05	2,563	7,980	295	7.9	74.2	0.3	0.0	18.8	59.6	8.3
D	Other	1.27	2,682	7,084	259	15.5	81.0	0.0	0.0	14.4	67.1	8.3

5.	31 to 365 days	1.79	5,013	5,972	798	27.7	52.4	0.6	0.0	34.5	85.9	6.9
A	Minimal risk	1.21	123	1,261	242	85.8	37.9	0.0	0.0	14.5	65.7	16.9
B	Low risk	1.57	2,301	13,194	1,338	2.2	72.5	0.1	0.0	30.5	90.0	1.7
C	Moderate risk	1.47	1,394	4,795	283	32.9	49.5	1.3	0.0	45.8	79.8	9.7
D	Other	2.68	1,129	4,535	376	66.8	18.4	0.0	0.0	26.9	86.6	13.6
					Months
6.	More than 365 days	3.43	1,250	2,937	48	66.5	81.2	43.8	0.0	99.7	100.0	14.6
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	4.08	271	4,907	49	38.8	77.8	77.3	0.0	100.0	100.0	13.9
C	Moderate risk	3.96	262	3,245	45	79.1	83.6	83.6	0.0	100.0	100.0	9.5
D	Other	4.52	218	1,316	45	76.1	54.3	54.3	0.0	98.4	100.0	11.9
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.17	12	2.9	79	43.4	11.0	31.5	0.0	29.4	83.2	14.0
8.	100 - 999	3.01	463	3.2	234	43.9	39.2	28.5	0.0	52.7	87.7	15.1
9.	1,000 - 9,999	2.05	5,418	3.2	226	28.4	61.0	12.6	0.0	47.7	77.7	11.8
10.	10,000+	0.93	21,545	2.8	39	21.7	64.4	1.5	0.0	15.2	54.0	8.5
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.26	1,141	3.1	675	45.1	53.1	1,806	0.0	56.6	98.7	17.1
12.	Other	1.06	26,296	2.9	54	22.5	63.7	9,816	0.0	20.8	57.5	8.9

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	1.85	29,790	706	2.9	83	36.7	42.7	16.4	0.2	21.9
A	Not under commitment	1.40	15,533	551	3.1	56	41.7	34.7	17.1	0.0	5.5
B	Informal commitment	1.07	5,573	917	2.1	29	19.2	84.5	8.2	0.0	5.2
C	Formal commitment	3.16	8,683	1,099	3.1	165	39.0	30.1	20.4	0.6	61.9
2.	Before survey week 11
A	Up to 90 days	2.32	12,488	483	3.0	64	36.4	37.1	17.7	0.7	43.8
B	91 to 365 days	2.60	17,159	409	3.1	74	42.3	16.9	25.4	0.3	49.6
C	More than 365 days	2.38	24,406	1,024	3.0	63	37.5	17.7	19.3	0.1	66.9

Domestic banks
3.	During survey week	3.52	12,033	295	3.0	183	61.5	13.7	39.7	0.5	44.1
A	Not under commitment	3.46	4,349	158	2.9	185	83.1	10.4	60.8	0.2	12.8
B	Informal commitment	3.29	996	169	3.2	131	79.4	14.2	45.8	0.3	28.3
C	Formal commitment	3.59	6,687	907	3.0	190	44.8	15.8	25.2	0.7	66.9
4.	Before survey week 11
A	Up to 90 days	2.62	8,263	325	3.2	48	48.6	16.3	24.8	1.0	45.2
B	91 to 365 days	2.66	15,307	369	3.1	36	41.4	11.9	26.5	0.3	48.3
C	More than 365 days	2.39	20,803	909	3.0	36	37.1	11.5	19.9	0.1	68.6

Large domestic banks
5.	During survey week	3.38	9,985	358	3.0	143	56.9	13.9	34.6	0.1	44.1
A	Not under commitment	3.29	3,574	161	2.9	143	82.2	9.0	58.5	0.2	5.4
B	Informal commitment	2.84	570	291	3.2	14	71.4	14.9	26.4	0.0	32.8
C	Formal commitment	3.48	5,841	1,567	3.0	156	40.1	16.8	20.8	0.1	68.9
6.	Before survey week 11
A	Up to 90 days	2.45	7,406	421	3.2	37	44.4	17.2	20.9	0.2	48.0
B	91 to 365 days	2.56	14,229	442	3.1	35	38.7	12.6	23.6	0.1	50.6
C	More than 365 days	2.37	20,529	1,002	3.0	36	36.7	11.5	19.2	0.0	69.0

Small domestic banks
7.	During survey week	4.21	2,047	159	3.1	376	83.7	12.8	64.8	2.3	44.2
A	Not under commitment	4.22	775	147	2.8	378	87.6	16.4	71.0	0.2	47.1
B	Informal commitment	3.89	426	109	3.1	288	90.2	13.3	71.8	0.6	22.3
C	Formal commitment	4.35	846	232	3.3	417	76.9	9.3	55.7	5.1	52.5
8.	Before survey week 11
A	Up to 90 days	4.10	858	110	3.4	151	84.0	8.8	58.8	8.3	21.7
B	91 to 365 days	3.97	1,079	116	3.2	60	77.0	3.1	65.2	3.3	17.8
C	More than 365 days	3.95	274	115	3.2	35	67.8	6.7	72.4	4.4	42.6

Foreign banks
9.	During survey week	0.72	17,757	12,398	2.9	15	19.9	62.3	0.6	0.0	6.8
A	Not under commitment	0.60	11,184	15,916	3.2	7	25.6	44.1	0.1	0.0	2.7
B	Informal commitment	0.58	4,577	22,650	1.9	7	6.1	99.8	0.0	0.0	0.1
C	Formal commitment	1.72	1,996	3,784	3.2	81	19.7	77.9	4.5	0.0	45.3
10.	Before survey week 11
A	Up to 90 days	1.72	4,225	9,281	2.8	95	12.6	77.7	3.8	0.0	41.1
B	91 to 365 days	2.17	1,851	3,992	3.1	381	49.9	58.4	16.2	0.0	60.4
C	More than 365 days	2.37	3,604	3,756	3.2	262	39.6	53.9	16.0	0.0	57.0

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	4.59	214	98	3.3	221	57.8	56.4	72.8	44.3
2.	Domestic banks	4.59	214	98	3.3	221	57.8	56.4	72.8	44.3
3.	Large domestic banks	5.31	47	55	3.3	148	83.7	18.5	66.1	12.0
4.	Small domestic banks	4.39	167	127	3.3	242	50.4	67.1	74.7	53.4
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	2.56	36,830	1,492	3.0	108	30.2	18.8	17.1	0.3
2.	Domestic banks	2.65	30,715	1,319	3.0	66	28.9	8.8	18.4	0.3
3.	Large domestic banks	2.57	29,312	2,151	3.0	56	26.6	8.6	16.5	0.0
4.	Small domestic banks	4.22	1,403	145	3.0	272	77.8	11.9	58.1	6.4
5.	Foreign banks	2.11	6,115	4,369	2.8	353	36.9	69.3	10.6	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	3.37	3.40	3.21
2.	Standard error of loan rate	.20	.12	.11	.11	.33

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 June 30, 2014 , assets of the large banks were at least $4.9 billion. Median total assets for all insured banks were roughly $166 million. Assets at all U.S. branches and agencies averaged 11.7 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.