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Survey of Terms of Business Lending - E.2

Release Date: December 23, 2014

E.2 Survey of Terms of Business Lending
NOVEMBER 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	2.26	96,528	661	769	39.9	25.3	17.2	0.4	53.0	83.9	16.3
A	Minimal risk	1.77	1,526	641	495	52.0	12.9	23.4	2.6	34.2	79.9	16.6
B	Low risk	1.52	19,478	1,253	572	21.7	30.3	11.2	0.1	38.7	74.5	15.6
C	Moderate risk	2.23	48,794	781	858	38.7	21.7	13.6	0.2	60.9	86.7	17.3
D	Other	2.89	21,857	419	704	53.2	27.0	24.8	1.1	46.2	83.8	13.4

2.	Zero interval	3.00	24,930	429	845	56.7	23.0	45.7	0.2	45.4	95.0	15.6
A	Minimal risk	1.92	672	1,085	407	68.2	22.7	46.8	0.0	33.6	72.2	17.1
B	Low risk	2.25	3,307	637	761	45.3	29.0	37.9	0.1	42.2	81.4	17.1
C	Moderate risk	2.73	12,248	508	889	49.2	21.3	40.2	0.1	50.5	98.6	17.0
D	Other	3.70	7,768	309	841	72.6	25.8	53.8	0.5	38.9	96.7	13.2

3.	Daily	1.04	14,269	2,132	208	32.3	45.3	3.7	0.4	21.7	38.7	12.4
A	Minimal risk	1.86	167	401	981	40.3	0.6	11.7	0.2	47.5	73.9	1.4
B	Low risk	0.71	4,186	2,517	41	6.8	39.7	2.5	0.0	10.7	21.4	15.9
C	Moderate risk	0.96	6,682	2,950	315	51.9	56.2	2.9	0.1	30.4	45.2	14.6
D	Other	1.58	3,124	1,484	168	23.6	31.8	6.3	1.7	17.3	45.3	7.0

4.	2 to 30 days	2.13	42,542	837	856	31.4	18.3	6.8	0.0	64.3	90.1	17.1
A	Minimal risk	1.05	297	1,517	275	16.5	6.4	1.6	0.6	19.3	99.0	22.4
B	Low risk	1.52	9,729	1,779	712	19.0	24.4	4.6	0.0	47.4	92.3	15.1
C	Moderate risk	2.24	23,241	878	985	29.0	12.2	4.3	0.0	75.1	91.1	18.8
D	Other	2.40	7,822	509	640	45.5	30.3	8.0	0.1	55.4	82.7	15.8

5.	31 to 365 days	2.35	9,860	663	737	37.8	19.9	6.9	1.2	59.4	91.8	13.9
A	Minimal risk	1.66	277	331	356	52.8	5.0	2.4	2.2	31.9	75.0	13.4
B	Low risk	1.55	1,636	729	472	12.9	37.9	4.7	0.4	45.3	89.5	14.7
C	Moderate risk	2.26	5,079	1,018	722	36.5	18.9	2.0	1.2	59.1	91.2	15.2
D	Other	3.15	2,265	441	916	49.5	15.3	7.7	2.1	74.1	95.4	13.0
					Months
6.	More than 365 days	3.43	3,941	339	49	64.7	44.1	25.2	3.8	68.4	88.7	14.6
A	Minimal risk	2.98	112	385	45	63.7	9.6	9.9	28.1	63.3	97.0	21.6
B	Low risk	3.17	616	633	42	62.7	44.5	48.4	2.8	55.6	78.2	18.6
C	Moderate risk	3.85	1,340	354	53	55.9	30.1	30.5	1.5	67.2	89.8	11.5
D	Other	4.10	848	235	48	64.3	22.8	25.5	9.5	60.7	86.2	7.6
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.71	3,422	3.3	158	90.5	6.5	52.3	1.4	21.6	77.6	8.2
8.	100 - 999	3.34	12,985	3.2	116	81.2	13.2	47.8	1.0	23.2	84.1	11.5
9.	1,000 - 9,999	2.56	26,588	3.1	99	46.8	25.9	23.8	0.6	57.9	91.5	15.5
10.	10,000+	1.76	53,534	2.9	49	23.2	29.0	4.3	0.1	59.8	80.5	18.3
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.01	16,613	3.2	97	74.7	6.3	226	0.9	42.1	85.7	13.5
12.	Other	1.90	79,914	3.0	72	32.6	29.2	1,100	0.3	55.3	83.6	16.8

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	71,199	499	925	43.8	11.9	21.9	0.6	58.2	93.5	17.2
A	Minimal risk	1.73	1,216	576	386	55.7	15.4	29.4	3.3	28.1	82.6	18.1
B	Low risk	1.86	12,697	846	730	31.1	11.6	15.5	0.2	42.4	87.7	18.6
C	Moderate risk	2.53	38,707	631	1,029	37.3	9.9	15.9	0.3	68.1	95.7	18.1
D	Other	3.38	15,419	303	844	63.5	17.8	33.5	1.5	49.5	93.2	15.3

2.	Zero interval	2.98	24,623	426	841	56.7	23.3	45.2	0.2	45.0	94.9	15.5
A	Minimal risk	1.92	672	1,085	407	68.2	22.7	46.8	0.0	33.6	72.2	17.1
B	Low risk	2.25	3,269	633	765	45.0	29.3	37.7	0.1	42.0	81.2	17.1
C	Moderate risk	2.72	12,091	505	884	49.2	21.6	39.5	0.1	50.0	98.5	16.8
D	Other	3.68	7,655	307	835	72.7	26.2	53.2	0.5	38.2	96.6	13.1

3.	Daily	2.15	3,181	523	849	34.6	1.9	16.3	1.9	62.1	94.5	18.2
A	Minimal risk	2.33	44	157	299	99.4	2.1	44.1	0.9	0.1	99.3	4.0
B	Low risk	1.83	499	319	340	56.7	3.6	21.3	0.2	39.7	97.7	26.1
C	Moderate risk	1.82	2,010	961	1,059	19.8	0.3	9.4	0.3	80.2	95.1	19.5
D	Other	3.59	569	299	494	55.5	6.0	34.7	9.6	29.2	97.5	8.2

4.	2 to 30 days	2.34	33,979	685	974	35.0	5.2	8.5	0.1	67.9	92.9	19.0
A	Minimal risk	0.86	239	1,655	143	9.6	3.7	1.9	0.8	9.8	98.8	27.9
B	Low risk	1.67	7,417	1,422	742	23.2	2.5	6.1	0.0	43.9	91.1	18.5
C	Moderate risk	2.42	19,766	759	1,107	30.9	4.0	5.1	0.0	78.7	94.3	19.6
D	Other	2.79	5,154	346	822	55.6	11.5	12.2	0.2	65.7	88.5	19.6

5.	31 to 365 days	2.59	6,879	484	796	38.2	8.8	7.8	1.8	59.9	94.9	16.1
A	Minimal risk	1.89	212	277	423	64.9	6.6	3.1	2.9	40.3	91.5	14.4
B	Low risk	1.71	1,101	511	406	18.7	18.5	4.7	0.6	38.3	86.8	20.3
C	Moderate risk	2.53	3,638	766	885	35.1	9.0	1.2	1.7	66.8	96.8	15.8
D	Other	3.54	1,421	289	831	43.2	4.1	11.4	3.3	63.4	96.1	17.9
					Months
6.	More than 365 days	3.69	2,246	201	51	68.6	13.6	17.6	6.7	44.5	80.2	11.6
A	Minimal risk	2.18	48	174	38	28.8	22.4	23.1	65.3	14.8	93.1	7.3
B	Low risk	2.82	406	449	46	64.9	25.7	31.6	4.3	32.8	67.0	16.4
C	Moderate risk	3.85	999	269	54	68.8	10.0	11.2	1.9	56.0	86.4	13.4
D	Other	3.96	590	172	48	70.2	9.3	14.2	13.7	43.5	80.2	7.8
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.71	3,408	3.3	158	90.7	6.5	52.4	1.4	21.5	77.6	8.2
8.	100 - 999	3.36	12,512	3.3	112	82.5	12.3	48.5	1.0	21.3	83.8	11.4
9.	1,000 - 9,999	2.72	21,047	3.1	74	51.4	17.7	27.4	0.8	57.3	96.0	16.2
10.	10,000+	2.18	34,231	2.9	36	20.4	8.7	5.8	0.2	75.8	97.0	20.4
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.01	15,591	3.2	49	77.1	2.2	214	0.9	38.5	84.8	13.3
12.	Other	2.23	55,608	3.0	71	34.5	14.6	795	0.5	63.7	95.9	18.2

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	2.52	66,913	611	927	41.1	12.2	19.6	0.5	60.2	94.2	17.9
A	Minimal risk	1.62	1,045	1,065	378	49.0	17.6	31.8	3.8	25.5	81.2	18.8
B	Low risk	1.80	12,200	999	731	29.1	11.2	13.5	0.2	43.2	88.4	19.0
C	Moderate risk	2.44	36,813	783	1,033	35.0	10.2	14.1	0.2	70.2	96.1	18.8
D	Other	3.26	13,812	361	832	60.6	19.1	29.1	1.4	52.6	95.1	16.3

2.	Zero interval	2.89	22,657	532	843	54.5	25.2	42.7	0.2	46.9	95.7	16.4
A	Minimal risk	1.88	657	1,459	407	67.9	23.2	46.2	0.0	33.6	71.6	17.5
B	Low risk	2.19	3,106	716	781	45.0	30.8	36.2	0.1	43.2	80.2	17.9
C	Moderate risk	2.61	11,124	672	903	46.5	23.5	36.8	0.0	52.7	99.0	17.9
D	Other	3.61	6,893	369	808	70.6	29.0	50.2	0.6	39.8	99.3	13.6

3.	Daily	1.79	2,790	1,159	923	26.9	0.5	5.3	2.2	68.3	94.4	20.1
A	Minimal risk	2.14	39	201	264	99.4	2.4	37.1	1.0	0.2	99.2	4.4
B	Low risk	1.53	445	406	352	51.6	2.1	11.8	0.2	44.4	99.9	28.1
C	Moderate risk	1.62	1,870	2,592	1,113	14.8	0.2	3.5	0.3	85.3	94.8	20.5
D	Other	2.85	379	1,654	552	38.7	0.1	2.6	14.4	29.7	98.0	10.3

4.	2 to 30 days	2.32	33,499	730	982	34.1	5.2	7.9	0.1	68.6	93.0	19.2
A	Minimal risk	0.80	234	2,883	144	7.9	2.5	0.7	0.8	8.7	100.0	28.1
B	Low risk	1.66	7,363	1,505	745	22.7	2.5	5.9	0.0	43.9	91.3	18.5
C	Moderate risk	2.41	19,622	795	1,113	30.5	4.0	4.8	0.0	79.1	94.3	19.7
D	Other	2.74	4,879	373	847	53.4	12.1	9.1	0.2	68.7	88.3	20.5

5.	31 to 365 days	2.40	6,117	700	828	33.0	9.4	5.2	1.0	61.1	96.3	17.1
A	Minimal risk	1.55	77	359	600	6.6	18.1	1.1	8.0	28.6	87.8	9.9
B	Low risk	1.52	1,029	646	419	13.1	19.8	1.1	0.6	36.4	87.0	21.4
C	Moderate risk	2.35	3,343	1,192	921	31.7	9.7	0.6	1.0	66.9	98.0	16.7
D	Other	3.37	1,195	351	825	37.9	2.3	2.6	1.2	70.5	99.4	20.0
					Months
6.	More than 365 days	3.38	1,572	249	44	56.4	7.2	12.2	9.2	53.7	89.6	14.7
A	Minimal risk	1.90	37	926	29	7.8	29.3	30.1	85.3	6.9	99.5	8.2
B	Low risk	2.60	253	888	46	45.6	4.7	10.6	6.8	50.2	92.6	19.1
C	Moderate risk	3.42	655	435	41	54.2	4.5	7.6	2.4	71.8	92.2	18.8
D	Other	3.64	444	204	42	61.1	6.0	10.9	18.1	48.3	90.0	9.1
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.40	2,571	3.3	129	91.3	7.6	47.2	1.2	21.1	75.1	9.5
8.	100 - 999	3.18	10,435	3.3	68	82.2	14.1	45.4	0.9	20.8	83.5	12.9
9.	1,000 - 9,999	2.66	19,818	3.1	58	49.3	18.1	26.6	0.7	58.5	96.9	16.7
10.	10,000+	2.18	34,089	2.9	32	20.0	8.5	5.5	0.2	76.1	97.3	20.4
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	3.95	13,086	3.2	29	75.8	1.2	259	0.7	42.3	85.4	14.8
12.	Other	2.18	53,827	3.0	54	32.7	14.9	912	0.4	64.5	96.3	18.6

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	4.14	4,286	130	891	86.0	6.9	58.5	1.9	26.8	82.3	4.8
A	Minimal risk	2.40	171	152	438	96.4	1.7	14.7	0.0	44.1	91.0	14.3
B	Low risk	3.50	497	178	694	79.2	21.0	64.7	0.0	21.9	68.1	3.9
C	Moderate risk	4.23	1,895	132	929	83.6	4.5	50.3	2.2	27.8	89.0	3.8
D	Other	4.38	1,607	127	954	89.1	6.3	71.7	2.3	23.0	77.5	5.3

2.	Zero interval	4.04	1,966	129	811	81.8	0.6	73.3	0.5	22.2	86.1	4.9
A	Minimal risk	3.82	15	87	391	78.2	0.0	74.8	0.0	30.7	98.9	4.8
B	Low risk	3.33	163	198	298	45.0	0.7	66.1	0.0	19.4	100.0	4.2
C	Moderate risk	3.99	967	131	612	79.8	0.4	70.6	0.8	19.3	93.6	4.0
D	Other	4.29	763	121	1,120	91.3	0.8	80.2	0.2	23.8	72.5	6.8

3.	Daily	4.72	390	106	352	89.6	11.6	95.0	0.0	18.1	95.0	5.1
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	4.29	54	115	257	98.9	15.8	100.0	0.0	0.7	80.0	5.3
C	Moderate risk	4.46	140	102	338	87.0	2.2	87.9	0.0	11.9	98.7	7.0
D	Other	5.06	190	114	381	88.8	17.7	98.7	0.1	28.2	96.4	3.8

4.	2 to 30 days	3.72	480	130	403	94.4	2.5	54.1	0.2	21.3	87.9	4.9
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	2.96	54	167	301	88.6	3.7	32.1	0.0	44.4	59.8	3.7
C	Moderate risk	3.90	144	106	410	95.6	2.5	40.0	0.2	26.7	91.5	4.7
D	Other	3.76	274	150	426	94.8	1.2	65.6	0.3	12.2	92.3	5.1

5.	31 to 365 days	4.10	762	139	531	80.4	4.4	28.8	8.1	50.2	83.5	6.4
A	Minimal risk	2.08	135	245	316	98.0	0.0	4.3	0.0	46.9	93.6	16.8
B	Low risk	4.40	72	129	222	97.6	0.0	56.1	0.0	64.4	84.9	4.5
C	Moderate risk	4.53	295	152	476	72.8	1.2	8.2	9.8	66.1	83.9	3.9
D	Other	4.47	226	149	863	71.6	13.2	58.0	14.6	26.2	78.8	4.0
					Months
6.	More than 365 days	4.40	675	139	68	96.9	28.5	30.2	0.9	23.2	58.3	0.7
A	Minimal risk	3.12	11	48	67	97.4	0.0	0.0	0.0	40.4	72.2	2.9
B	Low risk	3.19	153	247	45	96.7	60.5	66.3	0.1	3.9	24.8	0.1
C	Moderate risk	4.68	344	156	78	96.7	20.6	18.0	1.1	25.9	75.2	0.8
D	Other	4.92	146	117	66	97.5	19.5	24.5	0.0	29.1	50.3	0.3
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	4.66	837	3.3	245	88.5	3.0	68.4	1.9	22.7	85.1	4.7
8.	100 - 999	4.27	2,078	3.2	334	83.9	3.4	64.3	1.9	23.8	85.6	4.3
9.	1,000 - 9,999	3.81	1,229	3.3	331	86.1	10.6	40.0	2.0	37.8	81.2	5.7
10.	10,000+	...	...	...	...	...	...	...	...	...	...	...
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.32	2,506	3.4	149	83.8	7.4	113	2.0	18.9	81.6	5.0
12.	Other	3.88	1,780	3.1	589	89.1	6.0	163	1.7	37.9	83.2	4.5

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	1.25	25,329	7,598	354	28.7	62.8	4.0	0.0	38.6	57.2	11.8
A	Minimal risk	1.94	310	1,141	901	37.3	3.3	0.0	0.0	58.2	69.4	9.4
B	Low risk	0.89	6,781	12,577	307	4.1	65.1	3.2	0.0	31.8	49.9	5.9
C	Moderate risk	1.10	10,086	9,348	247	43.8	66.6	5.0	0.0	33.3	51.9	11.5
D	Other	1.72	6,438	5,129	400	28.4	49.1	3.9	0.0	38.1	61.1	6.6

2.	Zero interval	4.10	307	795	1,166	56.4	0.0	89.5	0.0	83.7	100.0	24.5
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	2.70	38	1,310	479	70.0	0.0	56.1	0.0	56.4	100.0	17.0
C	Moderate risk	3.72	157	965	1,269	48.7	0.0	95.7	0.0	88.0	100.0	29.3
D	Other	5.10	113	577	1,256	62.5	0.0	92.1	0.0	86.9	100.0	20.3

3.	Daily	0.72	11,089	18,103	58	31.7	57.7	0.0	0.0	10.1	22.7	5.4
A	Minimal risk	1.69	122	914	1,017	18.8	0.0	0.0	0.0	64.7	64.7	0.0
B	Low risk	0.56	3,687	37,331	20	0.0	44.6	0.0	0.0	6.8	11.1	3.6
C	Moderate risk	0.59	4,672	27,029	36	65.7	80.2	0.1	0.0	8.9	23.8	6.1
D	Other	1.13	2,555	12,459	101	16.5	37.5	0.0	0.0	14.7	33.7	6.2

4.	2 to 30 days	1.30	8,563	7,041	423	17.3	70.3	0.1	0.0	49.9	78.8	8.4
A	Minimal risk	1.84	58	1,130	817	44.6	17.7	0.0	0.0	58.5	100.0	0.0
B	Low risk	1.03	2,313	9,063	623	5.5	94.5	0.0	0.0	58.7	96.0	5.1
C	Moderate risk	1.19	3,475	7,978	334	18.2	58.6	0.0	0.0	54.4	72.5	12.8
D	Other	1.64	2,668	5,929	342	26.1	66.6	0.0	0.0	35.5	71.5	6.6

5.	31 to 365 days	1.81	2,981	4,564	599	36.8	45.5	4.7	0.0	58.3	84.6	8.4
A	Minimal risk	0.91	65	907	150	13.7	0.0	0.0	0.0	4.7	21.2	0.0
B	Low risk	1.22	534	6,038	615	1.2	77.8	4.8	0.0	59.7	95.1	4.3
C	Moderate risk	1.59	1,441	5,952	294	40.0	43.9	3.9	0.0	39.5	76.9	13.0
D	Other	2.49	844	3,880	1,059	60.1	34.2	1.6	0.0	92.0	94.3	4.6
					Months
6.	More than 365 days	3.08	1,695	3,726	45	59.6	84.6	35.3	0.0	100.0	100.0	17.8
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	3.86	209	3,078	36	58.5	81.0	81.0	0.0	100.0	100.0	21.3
C	Moderate risk	3.85	341	5,182	52	17.9	88.8	86.9	0.0	100.0	100.0	6.6
D	Other	4.41	258	1,380	47	51.1	53.6	51.1	0.0	99.9	100.0	7.2
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.27	13	2.7	188	60.1	15.6	22.0	0.0	58.3	90.4	8.0
8.	100 - 999	2.92	473	3.1	240	45.4	36.9	27.8	0.0	74.1	90.0	13.7
9.	1,000 - 9,999	1.92	5,540	3.2	194	29.3	57.2	10.1	0.0	60.2	74.7	12.4
10.	10,000+	1.02	19,303	2.9	74	28.1	65.1	1.7	0.0	31.5	51.3	11.4
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.02	1,022	3.1	827	38.5	67.5	1,672	0.0	96.6	99.3	16.1
12.	Other	1.14	24,307	3.0	73	28.3	62.6	8,928	0.0	36.2	55.4	11.5

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	1.98	26,297	620	3.0	76	41.6	42.5	13.8	0.6	21.3
A	Not under commitment	1.40	15,503	558	2.9	62	43.4	43.2	15.3	0.4	2.8
B	Informal commitment	1.52	3,226	514	2.8	53	29.1	71.2	10.9	0.9	14.1
C	Formal commitment	3.36	7,569	906	3.2	116	43.2	28.8	11.7	1.1	62.3
2.	Before survey week 11
A	Up to 90 days	2.37	10,761	355	3.1	125	47.6	36.7	23.1	0.6	52.8
B	91 to 365 days	2.58	21,767	463	3.1	76	48.3	19.3	23.7	0.6	53.4
C	More than 365 days	2.24	37,690	1,442	3.0	62	31.6	13.4	14.2	0.1	75.0

Domestic banks
3.	During survey week	3.69	10,768	263	3.0	170	66.1	14.5	33.4	1.6	36.1
A	Not under commitment	3.26	4,654	171	2.8	194	77.4	20.9	51.0	1.2	9.3
B	Informal commitment	3.11	995	164	3.3	150	86.2	10.5	35.1	2.8	21.6
C	Formal commitment	4.20	5,119	657	3.1	151	51.8	9.4	17.0	1.6	63.2
4.	Before survey week 11
A	Up to 90 days	2.70	7,730	259	3.1	102	61.6	15.7	29.4	0.8	48.7
B	91 to 365 days	2.62	19,244	415	3.1	50	47.6	15.2	24.9	0.7	50.0
C	More than 365 days	2.25	33,445	1,325	3.0	35	30.4	8.3	14.7	0.1	72.2

Large domestic banks
5.	During survey week	3.55	8,694	333	2.9	81	61.0	15.0	28.9	1.1	36.6
A	Not under commitment	3.03	3,893	179	2.7	105	74.9	21.5	49.1	0.6	3.4
B	Informal commitment	2.34	569	357	3.6	22	88.2	12.9	6.7	0.0	20.3
C	Formal commitment	4.19	4,232	1,531	3.1	66	44.6	9.4	13.4	1.8	69.3
6.	Before survey week 11
A	Up to 90 days	2.58	7,085	288	3.1	90	59.2	16.8	26.3	0.8	51.9
B	91 to 365 days	2.52	17,952	503	3.1	45	45.1	16.3	22.0	0.7	52.3
C	More than 365 days	2.24	33,182	1,431	3.0	35	29.9	8.3	14.3	0.1	72.3

Small domestic banks
7.	During survey week	4.28	2,074	139	3.2	535	87.1	12.3	51.9	3.3	33.8
A	Not under commitment	4.43	761	140	3.4	650	90.1	18.2	60.7	4.5	39.3
B	Informal commitment	4.13	426	96	3.0	322	83.4	7.3	72.9	6.5	23.4
C	Formal commitment	4.22	887	177	3.0	540	86.4	9.7	34.2	0.7	34.2
8.	Before survey week 11
A	Up to 90 days	4.06	646	123	3.4	239	87.2	4.4	63.3	1.1	14.5
B	91 to 365 days	4.02	1,291	121	3.3	114	82.2	0.6	66.3	0.4	16.9
C	More than 365 days	3.68	264	128	3.0	43	91.7	0.5	60.5	0.1	51.4

Foreign banks
9.	During survey week	0.80	15,529	11,033	2.9	12	24.6	61.9	0.2	0.0	11.1
A	Not under commitment	0.60	10,849	17,515	2.9	5	28.8	52.8	0.1	0.0	0.0
B	Informal commitment	0.82	2,231	10,131	2.6	10	3.6	98.2	0.1	0.0	10.8
C	Formal commitment	1.62	2,450	4,314	3.3	45	25.2	69.3	0.6	0.0	60.3
10.	Before survey week 11
A	Up to 90 days	1.53	3,031	6,850	3.0	185	11.9	90.2	7.1	0.0	63.2
B	91 to 365 days	2.22	2,524	4,318	3.1	278	53.2	50.7	14.2	0.0	79.7
C	More than 365 days	2.14	4,245	4,720	3.0	316	41.2	53.7	10.0	0.0	97.4

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	3.58	415	207	3.3	388	45.5	22.3	35.6	32.0
2.	Domestic banks	3.58	415	207	3.3	388	45.5	22.3	35.6	32.0
3.	Large domestic banks	3.18	335	248	3.3	399	37.6	18.6	29.3	21.4
4.	Small domestic banks	5.26	81	124	3.5	342	78.4	37.5	61.7	75.8
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	51,187	1,417	3.1	89	31.7	18.2	13.7	0.3
2.	Domestic banks	2.52	41,406	1,218	3.1	49	30.7	7.7	14.5	0.3
3.	Large domestic banks	2.46	40,257	1,554	3.1	42	29.1	7.8	13.7	0.2
4.	Small domestic banks	4.56	1,149	142	3.2	272	89.3	4.4	41.2	5.3
5.	Foreign banks	2.12	9,781	4,615	3.0	271	35.8	62.9	10.1	0.0

Summary statistics		All commercial banks	Domestic banks	Large domestic banks	Small domestic banks	Foreign banks
1.	Average reported prime rate	3.35	3.36	3.34	3.43	3.23
2.	Standard error of loan rate	.14	.15	.14	.17	.25

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, 2014, assets of the large banks were at least $4.8 billion. Median total assets for all insured banks were roughly $168 million. Assets at all U.S. branches and agencies averaged 11.8 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.