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Survey of Terms of Business Lending - E.2

Release Date: March 31, 2015

E.2 Survey of Terms of Business Lending
FEBRUARY 2-6, 2015

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	2.12	105,869	717	762	37.6	29.2	14.9	0.3	53.2	82.6	14.5
A	Minimal risk	1.81	2,608	1,077	879	59.4	5.8	7.7	0.0	63.0	93.0	7.8
B	Low risk	1.45	24,399	1,506	615	19.2	34.9	7.7	0.1	42.2	78.9	13.7
C	Moderate risk	2.05	49,500	787	795	38.8	26.9	13.8	0.1	57.7	83.0	15.4
D	Other	2.76	22,575	429	634	49.3	31.4	22.9	0.6	47.0	81.3	14.1

2.	Zero interval	2.95	24,315	401	874	50.4	20.8	44.0	0.4	52.7	96.5	13.9
A	Minimal risk	1.27	558	932	558	58.8	10.9	12.8	0.2	51.4	95.1	8.7
B	Low risk	2.18	3,081	605	936	35.0	19.9	34.9	0.0	60.5	93.1	9.9
C	Moderate risk	2.77	12,487	479	939	44.1	21.4	42.0	0.1	57.1	97.3	14.7
D	Other	3.66	7,690	287	787	65.8	22.4	54.3	0.9	42.4	98.2	14.4

3.	Daily	1.01	16,485	2,772	210	33.9	49.6	3.0	0.3	23.6	38.1	16.8
A	Minimal risk	1.72	103	376	524	70.3	0.2	28.6	0.1	18.7	70.2	2.7
B	Low risk	0.86	5,260	2,951	191	4.6	47.3	1.8	0.2	24.0	38.7	21.1
C	Moderate risk	0.97	8,198	3,635	251	55.7	57.2	3.4	0.2	25.3	37.9	18.8
D	Other	1.34	2,849	1,957	115	24.0	33.5	2.8	0.8	17.7	34.9	4.0

4.	2 to 30 days	1.82	50,227	1,068	764	29.2	27.2	4.4	0.0	59.0	88.2	15.2
A	Minimal risk	1.24	530	2,365	422	30.7	4.9	1.8	0.0	48.1	99.9	20.6
B	Low risk	1.36	13,826	2,492	672	19.0	33.9	2.6	0.0	42.0	91.1	13.4
C	Moderate risk	1.88	24,324	1,014	867	28.8	20.6	3.3	0.0	68.5	89.1	16.2
D	Other	2.21	9,594	641	539	39.2	40.7	6.1	0.2	54.8	79.1	16.3

5.	31 to 365 days	3.07	8,155	521	1,000	41.1	15.4	16.3	0.4	58.5	87.7	10.3
A	Minimal risk	1.87	399	496	324	65.2	8.9	22.6	0.0	50.2	74.6	4.6
B	Low risk	1.96	1,344	531	507	29.7	33.2	4.7	0.0	45.1	69.2	16.0
C	Moderate risk	2.56	2,952	660	825	35.4	16.2	6.4	0.7	59.0	92.4	12.6
D	Other	3.62	1,220	266	802	60.0	21.2	5.4	0.7	62.7	94.0	11.3
					Months
6.	More than 365 days	3.15	5,783	430	50	65.4	36.0	15.3	1.3	78.2	92.9	9.0
A	Minimal risk	2.39	1,017	2,028	50	71.3	2.9	0.0	0.0	86.8	97.7	1.8
B	Low risk	2.98	879	708	50	38.4	30.1	32.9	0.0	87.4	92.7	9.4
C	Moderate risk	3.74	1,453	300	49	67.9	33.2	21.2	0.5	65.3	90.9	7.8
D	Other	3.88	1,169	293	49	73.4	21.3	19.3	1.0	71.0	87.8	7.9
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.77	3,482	3.3	179	89.8	6.6	52.4	1.6	15.5	77.9	7.2
8.	100 - 999	3.34	12,795	3.2	135	80.8	13.6	44.7	0.9	27.1	83.8	11.2
9.	1,000 - 9,999	2.45	25,183	3.1	131	45.3	27.6	23.3	0.2	60.2	90.5	15.2
10.	10,000+	1.66	64,410	2.8	78	23.2	34.2	3.6	0.1	57.7	79.6	15.3
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.01	15,756	3.3	107	68.2	5.6	213	0.9	47.8	88.2	12.4
12.	Other	1.79	90,113	2.9	100	32.2	33.3	1,221	0.1	54.1	81.7	14.9

2. Commercial and industrial loans made by domestic banks 1

Maturity/repricing interval 2 and risk 3 of loans		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average maturity 5	Percent of value of loans					Commitment status
Maturity/repricing interval 2 and risk 3 of loans		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average maturity 5	Secured by collateral	Subject to prepayment penalty	Prime based	SBA backed 6	Made under participation or syndication 7	Percent made under commitment	Average months since loan terms set 8
					Days
1.	All C&I loans	2.52	73,277	510	929	42.0	11.7	19.7	0.3	61.7	94.1	16.0
A	Minimal risk	1.55	1,480	708	514	53.5	8.9	13.6	0.1	49.6	93.6	12.6
B	Low risk	1.82	14,443	939	801	31.2	7.8	10.4	0.1	53.4	92.1	18.7
C	Moderate risk	2.39	37,199	603	972	36.5	11.6	16.9	0.2	68.0	95.2	16.3
D	Other	3.24	15,270	297	793	61.1	19.1	31.6	0.9	53.1	94.2	15.9

2.	Zero interval	2.92	23,672	393	862	50.5	21.4	42.8	0.4	52.1	96.4	13.9
A	Minimal risk	1.27	558	932	558	58.8	10.9	12.8	0.2	51.4	95.1	8.7
B	Low risk	2.11	2,962	584	894	36.2	20.7	32.3	0.0	61.2	92.8	10.2
C	Moderate risk	2.75	12,161	471	928	44.3	22.0	40.9	0.1	56.4	97.2	14.7
D	Other	3.63	7,492	282	781	65.5	22.9	53.3	0.9	41.3	98.2	14.1

3.	Daily	1.94	4,010	739	816	26.5	0.4	12.0	1.3	78.0	99.1	25.3
A	Minimal risk	2.52	56	214	1,697	99.7	0.3	53.1	0.2	34.7	99.6	3.5
B	Low risk	1.59	1,279	764	783	19.0	0.4	7.5	0.9	79.6	98.1	33.5
C	Moderate risk	1.93	2,421	1,167	849	24.0	0.2	10.8	0.7	82.4	99.8	23.4
D	Other	3.53	228	183	496	73.3	2.5	34.7	9.9	31.5	98.0	8.0

4.	2 to 30 days	2.10	36,002	790	901	35.4	6.9	6.1	0.1	67.5	93.4	18.0
A	Minimal risk	1.20	485	2,336	417	32.7	1.4	1.9	0.0	46.6	99.9	22.5
B	Low risk	1.65	8,712	1,693	753	28.8	3.7	4.1	0.0	45.7	93.9	19.5
C	Moderate risk	2.10	18,869	803	994	30.8	5.6	4.2	0.0	75.6	93.2	17.6
D	Other	2.65	6,077	420	734	52.3	17.6	9.6	0.3	70.1	90.9	19.4

5.	31 to 365 days	3.20	6,806	455	1,092	41.8	8.2	17.9	0.5	59.5	90.8	10.6
A	Minimal risk	2.10	293	443	380	66.7	12.1	30.8	0.0	58.3	84.9	5.5
B	Low risk	2.35	923	400	529	41.8	17.1	6.2	0.0	49.2	67.8	23.2
C	Moderate risk	2.64	2,573	605	893	34.0	12.6	4.4	0.8	61.6	97.9	12.5
D	Other	3.22	845	188	788	60.0	4.7	7.8	1.0	53.3	95.3	13.6
					Months
6.	More than 365 days	3.66	2,571	203	51	75.6	18.0	10.5	0.8	54.2	84.1	7.5
A	Minimal risk	2.74	87	252	31	60.5	33.8	0.0	0.0	35.8	73.5	5.4
B	Low risk	2.65	557	475	54	51.7	3.4	7.8	0.0	80.1	88.4	8.0
C	Moderate risk	3.78	1,088	231	49	77.0	25.1	9.0	0.7	53.9	87.8	6.7
D	Other	4.31	575	155	52	90.7	15.6	11.6	2.0	41.5	75.3	11.2
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.77	3,464	3.3	178	90.0	6.6	52.6	1.7	15.3	77.9	7.2
8.	100 - 999	3.36	12,253	3.2	126	82.4	12.6	45.6	0.9	25.1	83.8	11.1
9.	1,000 - 9,999	2.63	18,920	3.1	87	50.2	17.0	27.2	0.2	60.4	94.8	16.5
10.	10,000+	2.08	38,640	2.8	43	20.8	9.3	4.8	0.0	78.1	98.5	17.8
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.02	14,423	3.3	54	71.5	1.2	197	1.0	44.2	87.2	12.3
12.	Other	2.15	58,854	2.9	79	34.7	14.3	834	0.1	66.0	95.8	16.8

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	2.40	68,595	638	935	39.2	12.0	17.1	0.2	63.4	95.1	16.6
A	Minimal risk	1.22	1,244	1,051	479	46.5	10.4	5.7	0.1	49.2	97.6	14.3
B	Low risk	1.74	13,795	1,191	800	28.8	8.1	9.2	0.1	53.0	93.4	19.1
C	Moderate risk	2.28	35,184	777	984	34.0	11.7	14.4	0.1	69.8	95.8	16.9
D	Other	3.13	13,756	362	788	57.9	20.5	27.6	0.5	56.0	95.1	16.9

2.	Zero interval	2.80	21,535	510	902	48.0	23.1	39.4	0.2	54.4	97.8	14.4
A	Minimal risk	1.20	545	1,208	560	58.0	11.1	11.4	0.2	52.0	95.5	8.8
B	Low risk	2.04	2,790	731	929	34.2	21.9	29.8	0.0	62.3	92.4	10.4
C	Moderate risk	2.61	11,095	648	968	41.4	23.5	37.5	0.0	58.8	98.8	15.3
D	Other	3.55	6,766	349	812	63.3	25.1	49.4	0.4	43.8	99.0	14.7

3.	Daily	1.71	3,655	1,620	837	19.7	0.2	4.6	1.3	82.3	99.1	27.4
A	Minimal risk	2.01	34	171	217	99.6	0.2	22.8	0.3	0.0	99.7	5.8
B	Low risk	1.51	1,243	1,178	783	16.9	0.0	4.8	0.9	81.7	98.1	34.4
C	Moderate risk	1.73	2,214	2,977	894	17.2	0.2	4.0	0.7	87.6	99.8	25.2
D	Other	2.93	152	733	379	61.0	1.6	6.3	14.2	28.6	97.1	8.6

4.	2 to 30 days	2.08	35,409	857	906	34.5	6.9	5.2	0.0	68.0	93.3	18.2
A	Minimal risk	1.18	475	2,545	417	31.3	1.5	0.0	0.0	47.6	99.9	23.0
B	Low risk	1.64	8,657	1,774	752	28.4	3.8	3.9	0.0	45.7	93.9	19.6
C	Moderate risk	2.09	18,715	853	999	30.3	5.4	3.7	0.0	75.9	93.3	17.7
D	Other	2.59	5,707	471	736	49.7	18.7	6.3	0.2	71.9	90.4	20.2

5.	31 to 365 days	3.11	6,121	585	1,127	37.7	8.8	16.2	0.2	60.3	95.0	11.2
A	Minimal risk	1.21	152	536	367	47.4	23.2	0.5	0.0	67.9	96.7	9.3
B	Low risk	1.97	707	462	587	26.2	21.1	2.7	0.0	36.1	80.8	25.2
C	Moderate risk	2.53	2,418	951	924	32.7	13.1	2.9	0.2	62.8	99.1	12.9
D	Other	3.00	742	227	798	56.5	4.8	3.1	0.5	57.2	97.5	15.0
					Months
6.	More than 365 days	3.10	1,672	260	46	67.9	17.6	7.6	0.3	59.0	92.0	10.4
A	Minimal risk	1.30	38	652	18	17.1	71.9	0.1	0.0	0.9	100.0	8.1
B	Low risk	2.15	388	1,320	52	41.3	4.1	3.8	0.0	89.6	98.3	10.3
C	Moderate risk	2.92	656	397	43	66.9	26.5	2.1	0.3	57.7	90.6	10.5
D	Other	4.07	349	158	40	87.2	7.6	12.8	0.7	49.6	90.3	15.3
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.43	2,544	3.3	135	91.0	7.8	46.7	1.1	11.1	75.5	7.8
8.	100 - 999	3.15	9,910	3.3	73	82.2	14.2	42.3	0.4	22.1	84.8	12.4
9.	1,000 - 9,999	2.56	17,718	3.1	64	48.1	17.5	25.6	0.2	61.9	96.3	17.1
10.	10,000+	2.08	38,422	2.8	40	20.5	9.3	4.7	0.0	78.2	98.6	17.8
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	3.93	11,744	3.3	36	68.9	0.9	239	0.6	48.3	87.6	13.9
12.	Other	2.09	56,851	2.9	58	33.0	14.3	973	0.1	66.5	96.7	17.1

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	4.17	4,682	129	823	82.5	7.1	57.2	2.2	36.7	78.7	5.3
A	Minimal risk	3.29	235	260	702	90.7	1.0	55.2	0.0	51.8	72.3	0.7
B	Low risk	3.58	648	171	817	82.0	2.6	37.4	0.0	60.6	65.8	4.5
C	Moderate risk	4.39	2,015	123	740	79.8	10.8	60.4	1.7	35.4	84.1	4.8
D	Other	4.28	1,514	113	839	90.0	6.4	67.5	4.5	26.9	85.5	6.7

2.	Zero interval	4.16	2,137	119	380	76.0	4.2	76.6	2.8	28.3	82.8	7.6
A	Minimal risk	4.49	13	88	433	89.0	0.0	71.3	0.0	29.7	78.6	6.4
B	Low risk	3.36	172	137	285	68.1	0.3	71.8	0.0	43.2	99.3	7.8
C	Moderate risk	4.22	1,066	122	420	74.6	6.4	76.7	1.4	31.2	80.6	7.0
D	Other	4.39	726	101	412	86.6	2.9	89.6	6.3	18.1	90.4	8.2

3.	Daily	4.30	355	112	596	96.8	2.6	88.0	0.4	33.9	99.9	4.3
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	4.22	36	59	830	90.1	12.7	100.0	0.0	9.1	100.0	3.8
C	Moderate risk	4.14	208	156	376	97.1	0.5	83.6	0.1	27.2	99.9	4.2
D	Other	4.72	77	74	681	97.8	4.3	90.9	1.4	37.2	99.7	6.9

4.	2 to 30 days	3.55	594	139	636	90.8	8.0	59.0	1.3	37.7	96.1	6.2
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	3.02	55	207	1,006	96.5	0.6	29.1	0.0	32.4	99.3	6.3
C	Moderate risk	3.81	154	100	363	83.9	26.8	63.8	0.0	32.6	93.1	3.7
D	Other	3.53	370	157	715	93.4	1.6	60.6	2.0	42.2	97.9	7.2

5.	31 to 365 days	3.96	685	153	778	78.7	2.9	32.6	2.8	52.8	53.5	2.2
A	Minimal risk	3.04	141	374	395	87.5	0.2	63.3	0.0	48.0	72.3	0.1
B	Low risk	3.61	216	278	339	93.0	3.9	17.6	0.0	92.4	25.0	1.9
C	Moderate risk	4.47	156	91	402	53.3	4.7	28.3	9.2	43.2	79.9	4.4
D	Other	4.77	103	84	712	85.0	3.5	41.6	5.0	24.7	79.2	1.5
					Months
6.	More than 365 days	4.70	899	144	61	89.8	18.7	16.1	1.6	45.4	69.4	0.4
A	Minimal risk	3.86	49	170	41	94.3	4.1	0.0	0.0	63.0	52.9	1.5
B	Low risk	3.82	169	192	57	75.7	1.9	17.0	0.0	58.1	65.7	0.0
C	Moderate risk	5.09	432	141	57	92.4	23.0	19.5	1.3	48.0	83.6	0.5
D	Other	4.68	226	151	71	96.0	27.9	9.6	3.9	29.0	52.0	0.1
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	4.71	920	3.3	294	87.4	3.3	68.9	3.1	27.0	84.3	5.6
8.	100 - 999	4.27	2,343	3.2	353	83.5	5.9	59.6	3.2	37.7	79.7	5.4
9.	1,000 - 9,999	3.78	1,202	2.9	432	80.2	9.4	50.6	0.0	38.3	71.9	4.9
10.	10,000+	...	...	...	...	...	...	...	...	...	...	...
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.39	2,679	3.2	132	82.5	2.6	111	3.0	26.1	85.6	5.4
12.	Other	3.88	2,003	3.0	692	82.5	13.3	165	1.1	50.9	69.6	5.1

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	1.23	32,592	8,342	410	27.8	68.6	4.1	0.2	34.1	56.8	8.9
A	Minimal risk	2.16	1,128	3,418	1,340	67.2	1.7	0.0	0.0	80.7	92.2	1.4
B	Low risk	0.90	9,956	12,098	373	1.9	74.1	3.8	0.0	26.0	59.6	2.5
C	Moderate risk	1.03	12,301	9,678	297	45.8	73.3	4.7	0.0	26.5	46.1	9.7
D	Other	1.75	7,305	5,674	332	24.8	57.0	4.7	0.0	34.3	54.4	7.3

2.	Zero interval	3.94	643	1,315	1,279	44.3	0.4	89.5	0.0	75.8	100.0	14.9
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	...	...	...	...	...	...	...	...	...	...	...
C	Moderate risk	3.64	326	1,333	1,285	39.3	0.0	83.0	0.0	82.5	100.0	13.2
D	Other	4.61	198	876	1,010	75.1	1.5	93.8	0.0	84.5	100.0	25.5

3.	Daily	0.71	12,475	24,079	38	36.3	65.4	0.2	0.0	6.1	18.5	2.2
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	0.63	3,980	36,866	28	0.0	62.4	0.0	0.0	6.1	19.6	1.2
C	Moderate risk	0.56	5,776	31,863	19	69.0	81.1	0.3	0.0	1.3	12.0	2.7
D	Other	1.15	2,620	12,449	89	19.8	36.2	0.0	0.0	16.5	29.4	2.8

4.	2 to 30 days	1.11	14,225	10,053	439	13.4	78.6	0.1	0.0	37.5	75.2	6.5
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	0.87	5,115	12,681	543	2.3	85.3	0.1	0.0	35.6	86.3	2.2
C	Moderate risk	1.12	5,455	11,036	454	22.0	72.6	0.1	0.0	43.8	74.8	10.2
D	Other	1.45	3,517	7,286	240	16.6	80.5	0.0	0.0	28.4	58.8	8.0

5.	31 to 365 days	2.44	1,349	1,914	512	37.7	51.8	8.4	0.1	53.5	72.0	8.0
A	Minimal risk	1.24	106	742	170	61.0	0.0	0.0	0.0	27.8	46.1	0.0
B	Low risk	1.11	421	1,878	458	3.1	68.5	1.6	0.0	36.2	72.3	1.3
C	Moderate risk	2.02	379	1,717	247	45.0	40.7	19.6	0.0	41.4	54.9	14.2
D	Other	4.53	375	3,863	833	60.0	58.6	0.0	0.0	83.8	91.2	5.9
					Months
6.	More than 365 days	2.74	3,212	4,172	50	57.2	50.3	19.2	1.8	97.4	100.0	10.0
A	Minimal risk	2.36	930	5,930	52	72.3	0.0	0.0	0.0	91.6	100.0	1.6
B	Low risk	3.54	322	4,646	45	15.4	76.4	76.4	0.0	100.0	100.0	11.4
C	Moderate risk	3.63	365	2,797	49	40.6	57.5	57.5	0.0	99.6	100.0	10.6
D	Other	3.46	594	2,192	46	56.7	26.9	26.9	0.0	99.5	100.0	5.5
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.13	17	2.6	263	46.9	4.7	24.4	0.0	50.8	90.1	10.6
8.	100 - 999	2.84	542	3.1	341	44.0	37.1	24.3	0.9	72.3	84.8	14.4
9.	1,000 - 9,999	1.90	6,263	3.1	264	30.7	59.7	11.4	0.2	59.5	77.7	10.4
10.	10,000+	1.03	25,770	2.8	133	26.7	71.4	1.9	0.2	27.1	51.2	8.1
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	3.94	1,333	3.0	673	32.8	52.9	1,909	0.0	87.2	98.3	13.6
12.	Other	1.12	31,259	2.8	140	27.6	69.2	9,741	0.2	31.8	55.1	8.5

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	1.81	35,216	645	2.9	121	37.1	47.1	11.6	0.3	23.3
A	Not under commitment	1.28	18,391	661	2.9	56	44.2	47.8	10.1	0.2	4.8
B	Informal commitment	1.48	6,109	334	2.7	85	27.6	72.9	8.3	0.2	3.9
C	Formal commitment	2.90	10,716	1,256	2.8	254	30.2	31.0	16.0	0.6	66.2
2.	Before survey week 11
A	Up to 90 days	2.12	13,092	677	2.8	170	39.0	42.6	15.7	0.2	63.6
B	91 to 365 days	2.41	20,169	392	3.1	74	48.0	19.7	22.3	0.3	55.9
C	More than 365 days	2.26	37,374	1,715	3.0	72	31.9	12.9	13.7	0.2	76.2

Domestic banks
3.	During survey week	3.45	13,211	250	2.9	212	59.6	11.9	28.8	0.8	44.2
A	Not under commitment	3.42	4,323	160	2.9	222	80.6	14.2	42.6	0.8	15.2
B	Informal commitment	3.54	1,611	89	3.4	312	96.6	0.8	31.4	0.6	11.3
C	Formal commitment	3.45	7,277	924	2.8	185	38.9	13.0	20.1	0.9	68.7
4.	Before survey week 11
A	Up to 90 days	2.38	8,707	463	3.0	101	49.2	21.6	22.3	0.3	62.7
B	91 to 365 days	2.43	17,898	352	3.1	37	47.9	14.3	23.1	0.4	51.4
C	More than 365 days	2.23	33,442	1,610	3.0	34	29.9	7.7	13.5	0.1	73.8

Large domestic banks
5.	During survey week	3.25	10,875	289	3.0	118	55.6	12.3	25.1	0.7	44.7
A	Not under commitment	3.14	3,328	160	2.9	105	84.3	16.1	43.7	0.8	4.5
B	Informal commitment	3.38	1,287	88	3.6	317	96.8	0.0	19.2	0.0	9.7
C	Formal commitment	3.28	6,260	3,002	2.8	88	31.9	12.7	16.5	0.7	73.2
6.	Before survey week 11
A	Up to 90 days	2.25	8,094	594	2.9	86	46.3	22.7	18.8	0.1	64.5
B	91 to 365 days	2.30	16,518	441	3.1	37	44.5	15.2	19.2	0.1	53.9
C	More than 365 days	2.22	33,108	1,759	3.0	34	29.4	7.8	13.1	0.0	73.9

Small domestic banks
7.	During survey week	4.39	2,336	152	2.8	646	78.1	10.1	46.1	1.6	42.0
A	Not under commitment	4.37	996	159	2.9	617	68.3	7.9	38.8	0.8	51.0
B	Informal commitment	4.16	324	98	2.5	294	95.4	3.7	79.9	2.9	17.4
C	Formal commitment	4.48	1,017	175	2.9	785	82.1	14.2	42.5	1.9	41.0
8.	Before survey week 11
A	Up to 90 days	4.07	614	119	3.5	302	88.6	6.9	68.1	2.6	38.5
B	91 to 365 days	4.01	1,379	103	3.4	30	88.1	3.6	69.5	3.1	21.0
C	More than 365 days	3.45	334	172	3.5	29	78.7	2.1	62.4	2.2	63.3

Foreign banks
9.	During survey week	0.82	22,005	12,891	2.8	67	23.6	68.2	1.3	0.0	10.8
A	Not under commitment	0.63	14,068	17,529	2.9	5	33.1	58.2	0.2	0.0	1.5
B	Informal commitment	0.75	4,498	17,667	2.5	9	2.9	98.8	0.0	0.0	1.2
C	Formal commitment	1.73	3,439	5,292	2.8	399	11.8	69.3	7.3	0.0	60.9
10.	Before survey week 11
A	Up to 90 days	1.61	4,384	7,884	2.6	307	18.6	84.3	2.6	0.0	65.4
B	91 to 365 days	2.22	2,271	3,680	3.1	372	49.2	62.2	16.1	0.0	91.6
C	More than 365 days	2.51	3,931	3,829	3.2	462	49.3	56.6	14.7	1.5	96.6

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	4.34	278	114	3.6	579	93.5	27.4	52.8	45.6
2.	Domestic banks	4.77	219	91	3.6	183	91.7	8.1	66.9	31.0
3.	Large domestic banks	4.63	116	106	3.5	96	93.4	5.4	57.2	0.3
4.	Small domestic banks	4.92	103	78	3.8	282	89.8	11.1	77.8	65.8
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	2.36	56,310	1,841	3.0	139	32.6	19.4	13.4	0.2
2.	Domestic banks	2.38	45,193	1,602	3.0	62	31.1	8.8	14.1	0.2
3.	Large domestic banks	2.31	43,474	2,509	3.0	49	29.1	8.9	13.1	0.0
4.	Small domestic banks	4.08	1,719	158	2.9	389	81.8	6.4	40.7	3.9
5.	Foreign banks	2.29	11,117	4,684	2.8	474	38.9	62.5	10.5	0.5

Summary statistics		All commercial banks	Domestic banks	Large domestic banks	Small domestic banks	Foreign banks
1.	Average reported prime rate	3.34	3.35	3.33	3.46	3.24
2.	Standard error of loan rate	.15	.12	.11	.09	.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 December 31, 2014 , assets of the large banks were at least $4.8 billion. Median total assets for all insured banks were roughly $171 million. Assets at all U.S. branches and agencies averaged 11.1 billion.

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

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

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

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

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

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

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

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

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

11. For loans made under formal commitments.

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