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Survey of Terms of Business Lending - E.2

Release Date: June 22, 2015

E.2 Survey of Terms of Business Lending
MAY 4-8, 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	2.26	88,835	646	652	37.9	32.7	16.9	0.4	44.4	80.3	12.5
A	Minimal risk	2.17	1,434	472	1,177	53.8	9.2	16.1	0.4	59.1	86.3	8.2
B	Low risk	1.35	18,972	1,384	408	19.8	44.7	10.7	0.2	27.4	70.2	7.1
C	Moderate risk	2.40	32,152	570	546	43.1	32.5	18.7	0.3	38.3	82.2	11.4
D	Other	2.79	20,737	383	646	56.0	38.3	24.8	0.7	35.8	74.2	11.0

2.	Zero interval	2.88	24,343	416	699	52.4	20.2	43.4	0.7	42.6	94.6	13.8
A	Minimal risk	1.42	620	1,008	707	61.9	11.9	21.0	0.0	51.1	93.1	8.3
B	Low risk	2.27	2,938	606	645	48.4	19.3	39.1	1.1	36.6	93.4	10.7
C	Moderate risk	2.83	11,758	464	687	48.4	19.5	43.8	0.5	44.9	94.9	14.1
D	Other	3.50	7,216	292	732	60.4	27.4	51.9	1.0	35.8	98.3	12.9

3.	Daily	1.00	18,930	2,950	236	22.9	40.8	2.8	0.2	27.0	48.6	10.1
A	Minimal risk	2.36	115	346	1,036	99.5	1.0	17.1	0.0	51.8	99.4	2.0
B	Low risk	0.72	8,463	5,193	199	4.8	51.7	1.2	0.0	17.6	49.3	1.2
C	Moderate risk	1.06	5,381	2,195	180	55.5	50.9	3.9	0.1	25.0	43.5	12.9
D	Other	1.36	3,292	1,815	69	23.6	17.3	5.8	0.8	18.4	28.0	12.4

4.	2 to 30 days	1.99	25,790	550	722	39.8	42.6	10.3	0.2	46.4	80.0	12.8
A	Minimal risk	2.37	173	273	649	54.4	16.0	18.1	2.9	28.2	64.3	6.9
B	Low risk	1.45	5,251	1,302	482	22.3	53.5	8.5	0.2	28.4	84.0	7.2
C	Moderate risk	1.80	7,283	387	554	41.3	45.2	4.9	0.2	38.0	77.9	10.5
D	Other	2.49	7,549	359	755	62.2	58.1	12.7	0.2	35.4	66.5	8.7

5.	31 to 365 days	3.08	14,501	1,248	704	27.6	18.5	3.6	0.2	54.6	94.6	10.0
A	Minimal risk	2.88	254	249	447	51.1	11.4	13.9	0.1	67.7	70.8	5.5
B	Low risk	1.90	1,692	696	562	28.8	30.4	3.4	0.2	40.2	83.9	15.2
C	Moderate risk	3.40	5,785	1,242	336	25.8	17.1	2.0	0.3	24.4	94.9	8.1
D	Other	3.21	1,699	675	576	65.0	47.6	1.6	0.3	63.1	95.7	10.5
					Months
6.	More than 365 days	3.14	4,393	427	50	48.4	46.6	15.5	1.1	76.3	87.6	9.7
A	Minimal risk	3.03	271	629	101	18.1	0.0	5.0	0.0	92.4	93.5	13.3
B	Low risk	3.46	598	786	37	46.0	33.0	45.2	0.1	77.5	94.1	11.9
C	Moderate risk	2.70	1,859	443	44	32.8	61.7	8.9	0.1	81.6	90.8	5.7
D	Other	3.93	948	284	46	68.9	21.2	22.1	4.0	52.8	73.8	7.5
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.62	3,260	3.4	134	88.3	7.4	48.1	2.5	13.6	76.3	8.1
8.	100 - 999	3.33	12,164	3.3	121	78.9	13.8	46.3	1.2	22.6	81.6	11.6
9.	1,000 - 9,999	2.52	21,055	3.1	95	46.0	25.7	26.4	0.3	51.5	88.5	14.1
10.	10,000+	1.82	52,356	2.9	78	21.9	41.5	4.4	0.0	48.5	76.9	12.2
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	3.98	15,049	3.3	61	71.8	3.9	231	0.8	41.8	88.7	12.7
12.	Other	1.90	73,786	3.0	96	30.9	38.6	1,020	0.3	44.9	78.5	12.5

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	2.75	57,739	431	818	43.1	13.8	24.3	0.5	52.9	91.5	13.8
A	Minimal risk	2.16	1,250	449	1,224	53.5	9.2	18.4	0.4	57.9	84.3	8.5
B	Low risk	2.16	8,095	619	737	42.2	11.3	21.8	0.6	42.6	87.5	11.5
C	Moderate risk	2.93	22,411	405	670	43.6	17.3	25.2	0.5	44.7	93.6	12.2
D	Other	3.36	12,296	232	699	68.5	22.7	39.3	1.2	34.5	86.4	11.7

2.	Zero interval	2.87	23,806	409	691	52.3	20.7	42.8	0.7	42.9	94.4	13.7
A	Minimal risk	1.42	620	1,011	707	61.9	11.9	21.0	0.0	51.1	93.1	8.3
B	Low risk	2.27	2,732	565	640	46.8	20.8	39.5	1.2	38.6	92.9	11.1
C	Moderate risk	2.81	11,556	460	675	48.5	19.9	42.9	0.5	45.0	94.8	13.9
D	Other	3.48	7,087	288	723	60.3	27.9	51.2	1.0	35.8	98.2	12.8

3.	Daily	1.79	5,301	916	933	21.0	0.4	9.1	0.6	81.9	96.5	16.1
A	Minimal risk	2.40	52	215	610	98.9	0.6	38.2	0.0	9.1	99.4	4.3
B	Low risk	1.54	1,718	1,154	1,333	16.8	0.1	5.8	0.1	79.8	91.8	2.8
C	Moderate risk	2.00	1,552	672	726	31.3	0.8	12.3	0.2	77.8	99.3	18.4
D	Other	3.67	335	215	515	68.2	2.8	50.7	8.2	40.6	96.2	8.3

4.	2 to 30 days	2.44	14,234	311	857	52.4	8.7	18.0	0.3	52.8	83.0	17.4
A	Minimal risk	2.67	121	227	629	65.4	9.9	25.8	4.2	18.1	49.1	12.7
B	Low risk	2.37	2,214	587	640	51.9	7.9	20.2	0.4	23.9	78.6	14.8
C	Moderate risk	2.63	3,179	173	744	70.0	6.0	10.2	0.5	40.7	83.5	11.7
D	Other	3.07	3,462	167	444	85.1	17.8	26.3	0.4	27.4	63.5	9.8

5.	31 to 365 days	3.24	10,980	1,015	769	21.2	5.5	4.0	0.3	57.1	96.1	11.1
A	Minimal risk	3.06	220	225	460	56.4	13.2	16.1	0.1	74.2	66.2	6.8
B	Low risk	2.32	1,076	471	413	43.5	11.2	4.5	0.3	28.6	87.1	22.0
C	Moderate risk	3.94	4,314	993	326	19.8	7.9	2.1	0.5	21.5	97.0	8.4
D	Other	3.02	667	295	507	65.7	15.5	4.0	0.7	52.7	96.3	11.5
					Months
6.	More than 365 days	3.05	3,222	326	51	42.7	35.3	8.3	1.5	67.9	83.2	5.8
A	Minimal risk	2.96	238	569	109	12.8	0.0	5.7	0.0	91.4	92.6	9.8
B	Low risk	2.75	325	468	37	71.4	6.6	29.1	0.1	58.6	89.1	9.2
C	Moderate risk	2.60	1,724	419	44	30.2	59.9	3.0	0.2	80.2	90.1	4.6
D	Other	3.76	713	223	48	72.3	10.7	11.9	5.4	38.1	65.1	7.1
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.62	3,243	3.4	134	88.4	7.4	48.2	2.5	13.4	76.2	8.1
8.	100 - 999	3.34	11,728	3.3	116	80.2	12.9	46.7	1.3	20.9	81.3	11.4
9.	1,000 - 9,999	2.70	15,904	3.1	66	49.6	15.5	31.1	0.4	53.1	93.0	14.5
10.	10,000+	2.41	26,863	2.9	114	17.5	13.9	7.6	0.1	71.4	96.8	14.8
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	3.98	14,043	3.3	28	73.9	1.0	218	0.9	39.6	88.0	12.1
12.	Other	2.35	43,696	3.0	126	33.2	17.9	627	0.4	57.2	92.6	14.3

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	53,071	538	832	39.2	14.4	21.5	0.2	55.2	92.4	14.5
A	Minimal risk	1.79	1,068	736	1,379	49.0	9.4	15.2	0.0	55.0	88.4	9.2
B	Low risk	2.05	7,618	740	754	39.4	11.4	20.0	0.0	43.6	87.2	12.0
C	Moderate risk	2.83	20,535	527	665	39.9	18.1	22.8	0.1	46.5	94.7	12.7
D	Other	3.20	10,435	262	715	64.4	26.0	35.0	0.9	37.1	86.8	12.7

2.	Zero interval	2.75	21,685	516	707	49.3	22.1	39.7	0.2	45.6	94.9	14.3
A	Minimal risk	1.35	600	1,166	725	60.7	12.3	18.8	0.0	52.7	92.9	8.3
B	Low risk	2.21	2,606	658	644	45.7	20.6	38.9	0.0	39.7	92.6	11.4
C	Moderate risk	2.72	10,496	614	693	45.5	21.1	40.5	0.1	47.9	95.4	14.5
D	Other	3.35	6,260	350	756	56.4	31.2	46.1	0.5	38.9	98.9	13.5

3.	Daily	1.61	4,949	1,862	970	15.9	0.3	4.2	0.6	86.2	96.8	16.6
A	Minimal risk	2.06	46	233	319	98.7	0.6	32.3	0.0	0.0	99.3	4.7
B	Low risk	1.48	1,670	1,504	1,365	14.4	0.0	3.2	0.1	81.9	91.6	2.4
C	Moderate risk	1.77	1,409	1,484	748	24.7	0.6	5.5	0.2	84.0	99.2	20.0
D	Other	2.87	204	722	517	48.5	2.2	28.8	13.5	47.7	97.2	6.6

4.	2 to 30 days	2.39	13,541	325	891	50.6	8.8	15.8	0.1	54.2	82.5	18.1
A	Minimal risk	2.68	115	227	636	67.9	6.1	26.7	0.0	19.1	46.7	14.0
B	Low risk	2.34	2,139	664	652	51.1	7.8	18.8	0.0	24.1	77.8	15.4
C	Moderate risk	2.58	2,994	175	770	68.8	5.5	8.7	0.3	41.2	83.7	12.1
D	Other	3.00	3,098	166	495	84.4	19.7	21.4	0.2	29.1	59.5	10.7

5.	31 to 365 days	3.16	10,329	1,827	800	17.1	5.7	3.2	0.1	56.6	97.2	11.6
A	Minimal risk	1.40	101	496	792	30.3	19.6	2.4	0.0	49.8	80.9	11.4
B	Low risk	1.98	950	553	425	36.2	12.4	4.0	0.1	22.7	86.3	25.1
C	Moderate risk	3.89	4,128	2,381	322	16.9	8.1	1.1	0.0	20.3	97.7	8.7
D	Other	2.79	479	356	654	53.7	21.2	2.6	0.7	45.5	96.7	15.1
					Months
6.	More than 365 days	2.50	2,372	787	50	24.9	44.6	2.8	1.3	83.2	96.4	6.7
A	Minimal risk	2.70	205	8,303	120	2.0	0.0	0.4	0.0	96.6	99.9	10.4
B	Low risk	2.06	221	784	43	57.9	8.4	6.7	0.2	85.0	94.8	12.6
C	Moderate risk	2.15	1,423	1,254	41	17.0	69.5	1.4	0.1	87.9	98.4	5.0
D	Other	3.00	362	368	39	52.3	11.9	3.9	5.8	61.0	90.7	9.9
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.23	2,375	3.4	59	88.1	8.3	43.0	1.6	10.0	74.2	8.8
8.	100 - 999	3.12	9,354	3.3	55	79.1	14.2	43.7	0.4	19.1	82.2	12.6
9.	1,000 - 9,999	2.61	14,577	3.1	57	46.2	16.4	29.3	0.2	55.5	93.4	15.5
10.	10,000+	2.41	26,766	2.9	111	17.2	14.0	7.7	0.1	71.7	97.0	14.8
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	3.90	11,435	3.2	14	70.9	0.9	268	0.5	44.2	88.5	13.5
12.	Other	2.27	41,636	3.0	103	30.5	18.2	743	0.2	58.2	93.4	14.7

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	4.15	4,668	132	657	86.6	6.2	55.9	4.1	26.4	81.1	5.4
A	Minimal risk	4.36	182	136	397	79.8	7.8	37.6	2.9	74.9	60.1	2.1
B	Low risk	3.96	478	172	461	87.8	9.9	51.5	8.8	27.6	93.1	3.9
C	Moderate risk	4.06	1,876	115	726	83.9	8.2	51.2	4.3	25.2	82.1	5.7
D	Other	4.27	1,860	141	617	91.9	4.0	63.6	3.4	19.9	84.1	6.0

2.	Zero interval	4.04	2,121	131	492	82.8	6.3	74.9	5.9	15.9	90.2	7.3
A	Minimal risk	3.52	20	202	153	96.7	0.0	88.1	0.0	0.0	100.0	8.2
B	Low risk	3.45	125	143	541	69.6	25.3	51.7	25.3	15.5	99.7	6.0
C	Moderate risk	3.78	1,060	132	445	78.4	7.1	66.6	5.2	15.9	89.0	7.6
D	Other	4.47	826	124	436	89.8	3.3	89.4	4.6	12.0	93.1	7.4

3.	Daily	4.38	352	113	490	92.1	2.4	78.8	0.4	20.9	91.5	7.7
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	3.67	47	125	216	99.5	2.0	96.4	0.0	7.8	100.0	15.0
C	Moderate risk	4.27	143	105	588	97.1	2.0	79.4	0.9	16.1	99.4	2.8
D	Other	4.91	131	102	514	98.8	3.7	84.8	0.1	29.5	94.6	11.1

4.	2 to 30 days	3.53	693	169	278	87.9	6.9	61.0	3.7	25.6	92.5	4.6
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	3.24	75	136	268	75.9	12.0	60.5	10.3	18.1	100.0	3.0
C	Moderate risk	3.38	185	140	391	89.4	14.3	35.2	3.3	32.7	81.2	5.8
D	Other	3.67	364	174	202	91.0	2.0	68.5	1.8	13.4	97.5	5.2

5.	31 to 365 days	4.41	650	126	265	87.1	3.0	17.9	3.4	65.8	78.8	1.3
A	Minimal risk	4.49	118	153	228	78.8	7.7	27.8	0.2	95.2	53.7	0.8
B	Low risk	4.83	126	223	322	98.7	2.3	8.4	2.0	73.5	93.1	0.6
C	Moderate risk	5.07	186	71	429	86.2	2.9	24.6	9.8	47.0	81.1	1.0
D	Other	3.60	188	204	115	96.5	1.2	7.4	0.7	71.0	95.3	2.1
					Months
6.	More than 365 days	4.60	850	124	54	92.6	9.5	24.0	2.2	25.3	46.2	0.5
A	Minimal risk	4.59	32	82	36	81.4	0.0	39.3	0.0	58.2	46.1	0.9
B	Low risk	4.19	104	252	24	100.0	2.8	76.6	0.0	2.5	77.0	0.0
C	Moderate risk	4.72	301	101	61	92.3	14.6	10.4	0.4	44.1	50.8	0.9
D	Other	4.54	351	158	57	92.9	9.5	20.1	4.9	14.6	38.7	0.2
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	4.68	869	3.4	333	89.3	4.8	62.4	5.1	22.7	81.5	6.3
8.	100 - 999	4.21	2,374	3.2	356	84.5	7.9	58.6	4.8	28.1	77.8	6.1
9.	1,000 - 9,999	3.73	1,328	3.4	161	87.8	4.7	50.8	2.6	27.5	89.0	3.6
10.	10,000+	...	...	...	...	...	...	...	...	...	...	...
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.31	2,608	3.4	87	87.1	1.5	119	2.3	19.1	86.1	6.0
12.	Other	3.94	2,060	3.2	590	86.1	12.3	151	6.4	35.6	74.7	4.4

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	1.34	31,096	9,277	374	28.2	67.9	3.2	0.0	28.6	59.5	8.7
A	Minimal risk	2.25	184	728	895	56.2	9.0	0.0	0.0	67.8	99.8	6.8
B	Low risk	0.75	10,876	17,227	214	3.2	69.6	2.4	0.0	16.1	57.2	2.1
C	Moderate risk	1.17	9,740	8,427	299	42.1	67.7	3.9	0.0	23.7	56.1	8.6
D	Other	1.96	8,441	7,464	583	37.7	61.1	3.7	0.0	37.8	56.5	9.5

2.	Zero interval	3.51	537	1,365	1,015	58.7	0.0	70.7	0.0	26.9	100.0	16.3
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	...	...	...	...	...	...	...	...	...	...	...
C	Moderate risk	3.91	201	951	1,259	43.7	0.0	95.1	0.0	37.5	100.0	23.9
D	Other	4.84	129	801	1,145	65.7	0.0	90.5	0.0	35.6	100.0	21.0

3.	Daily	0.70	13,630	21,610	43	23.7	56.5	0.3	0.0	5.7	30.0	2.7
A	Minimal risk	2.32	64	687	1,081	100.0	1.4	0.0	0.0	86.3	99.4	0.2
B	Low risk	0.51	6,746	47,772	27	1.8	64.8	0.0	0.0	1.7	38.5	0.2
C	Moderate risk	0.68	3,829	26,736	54	65.3	71.3	0.5	0.0	3.6	20.9	2.2
D	Other	1.10	2,957	11,759	38	18.5	18.9	0.7	0.0	15.9	20.3	14.6

4.	2 to 30 days	1.43	11,556	10,236	584	24.3	84.4	0.8	0.0	38.6	76.4	6.6
A	Minimal risk	1.68	52	522	670	28.4	30.3	0.0	0.0	52.0	100.0	0.2
B	Low risk	0.78	3,036	11,760	389	0.7	86.6	0.0	0.0	31.6	87.9	2.3
C	Moderate risk	1.15	4,104	10,122	429	19.1	75.6	0.8	0.0	35.9	73.5	9.5
D	Other	1.99	4,087	12,455	911	42.8	92.2	1.2	0.0	42.1	69.0	7.8

5.	31 to 365 days	2.59	3,521	4,416	502	47.3	58.8	2.2	0.0	46.9	90.1	6.6
A	Minimal risk	1.71	34	777	374	17.2	0.0	0.0	0.0	25.8	100.0	0.0
B	Low risk	1.16	615	4,179	823	3.0	64.0	1.6	0.0	60.5	78.3	2.0
C	Moderate risk	1.82	1,471	4,705	364	43.3	43.9	1.6	0.0	33.0	88.8	7.1
D	Other	3.33	1,033	4,052	620	64.5	68.3	0.0	0.0	69.8	95.2	9.8
					Months
6.	More than 365 days	3.38	1,172	2,994	49	64.1	77.6	35.3	0.0	99.5	100.0	18.7
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	4.31	273	4,099	38	15.9	64.5	64.5	0.0	100.0	100.0	14.8
C	Moderate risk	4.05	135	1,628	39	66.8	84.4	84.4	0.0	99.9	100.0	19.1
D	Other	4.45	236	1,743	43	58.7	52.9	52.9	0.0	97.4	100.0	8.4
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.13	17	2.5	151	55.9	9.3	29.2	0.0	47.3	95.6	9.1
8.	100 - 999	3.06	436	3.1	241	45.6	38.0	34.1	0.0	66.5	89.7	16.7
9.	1,000 - 9,999	1.94	5,151	3.2	185	34.8	57.2	12.0	0.0	46.4	74.4	12.5
10.	10,000+	1.19	25,493	2.9	40	26.6	70.6	0.9	0.0	24.3	55.9	7.5
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.04	1,006	3.1	514	42.4	44.5	1,475	0.0	73.1	98.1	19.0
12.	Other	1.25	30,090	2.9	52	27.7	68.7	11,270	0.0	27.1	58.2	8.2

6. Commercial and industrial loans by date pricing terms were set and commitment status

Time pricing terms were set and loan commitment status		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)	Percent of value of loans
Time pricing terms were set and loan commitment status		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)	Secured by collateral	Subject to prepayment penalty	Prime based	SBA backed 6	Made under participation or syndication 7
All commercial banks
1.	During survey week	1.90	34,864	721	2.9	77	32.8	42.3	10.4	0.4	18.4
A	Not under commitment	1.31	17,542	611	3.0	62	34.6	40.1	9.7	0.2	6.5
B	Informal commitment	1.20	6,074	522	2.4	39	17.0	80.1	8.3	0.6	5.4
C	Formal commitment	3.19	11,248	1,402	3.1	119	38.3	25.3	12.6	0.7	44.0
2.	Before survey week 11
A	Up to 90 days	2.35	10,824	568	2.9	164	31.2	36.3	16.1	0.6	59.3
B	91 to 365 days	2.59	18,523	381	3.1	103	56.0	32.5	26.9	0.4	53.1
C	More than 365 days	2.47	24,620	1,151	3.2	65	34.4	17.8	19.1	0.2	67.9

Domestic banks
3.	During survey week	3.40	13,938	297	3.1	172	51.7	8.9	25.4	1.1	35.3
A	Not under commitment	3.12	4,936	176	3.2	211	73.3	9.0	34.1	0.6	20.2
B	Informal commitment	3.63	1,189	104	3.3	187	77.1	1.1	42.2	3.0	21.9
C	Formal commitment	3.53	7,813	1,046	3.1	145	34.2	10.0	17.3	1.1	46.9
4.	Before survey week 11
A	Up to 90 days	2.70	7,810	418	2.9	192	38.9	16.1	20.4	0.8	62.1
B	91 to 365 days	2.57	14,888	310	3.1	95	53.8	20.4	31.9	0.5	45.8
C	More than 365 days	2.46	21,098	1,037	3.1	28	31.4	11.5	19.7	0.2	66.1

Large domestic banks
5.	During survey week	3.20	11,479	375	3.1	96	44.4	9.7	20.2	0.7	35.8
A	Not under commitment	2.79	4,052	192	3.2	61	72.5	9.0	32.5	0.5	17.7
B	Informal commitment	3.29	653	97	3.5	188	68.8	0.7	14.0	2.4	21.7
C	Formal commitment	3.44	6,774	2,543	3.0	110	25.3	11.0	13.5	0.6	48.0
6.	Before survey week 11
A	Up to 90 days	2.60	7,138	529	2.9	192	34.6	16.8	17.7	0.2	65.8
B	91 to 365 days	2.44	13,681	370	3.0	102	50.6	21.7	28.5	0.1	48.5
C	More than 365 days	2.43	20,773	1,179	3.1	28	30.5	11.5	19.0	0.0	66.7

Small domestic banks
7.	During survey week	4.29	2,459	150	3.2	519	85.9	5.1	49.4	2.7	33.0
A	Not under commitment	4.64	884	127	3.3	895	77.0	8.8	41.0	0.9	31.6
B	Informal commitment	4.05	536	115	3.0	187	87.1	1.7	76.4	3.6	22.3
C	Formal commitment	4.13	1,039	216	3.4	371	92.8	3.8	42.5	3.9	39.6
8.	Before survey week 11
A	Up to 90 days	3.74	673	130	3.1	196	84.3	8.5	49.4	7.2	22.8
B	91 to 365 days	4.06	1,207	109	3.5	17	90.0	6.1	69.7	4.1	14.4
C	More than 365 days	4.15	325	119	3.4	28	84.6	10.4	67.4	8.4	27.6

Foreign banks
9.	During survey week	0.90	20,926	15,129	2.8	14	20.1	64.6	0.4	0.0	7.2
A	Not under commitment	0.60	12,605	20,245	2.9	4	19.5	52.3	0.1	0.0	1.2
B	Informal commitment	0.61	4,885	23,743	2.3	5	2.4	99.3	0.1	0.0	1.3
C	Formal commitment	2.42	3,435	6,193	3.1	62	47.6	60.1	1.9	0.0	37.6
10.	Before survey week 11
A	Up to 90 days	1.45	3,013	7,545	2.9	92	11.3	88.9	4.7	0.0	52.1
B	91 to 365 days	2.67	3,635	6,879	3.3	136	65.4	81.9	6.3	0.0	83.4
C	More than 365 days	2.54	3,522	3,383	3.4	346	52.4	55.4	15.5	0.0	78.9

7. Commercial and industrial loans backed by the SBA 6

Backed by SBA		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)	Percent of value of loans
Backed by SBA		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)	Secured by collateral	Subject to prepayment penalty	Prime based	Made under participation or syndication 7
1.	All banks	4.47	317	100	3.4	380	56.8	38.9	38.3	18.2
2.	Domestic banks	4.47	317	100	3.4	380	56.8	38.9	38.3	18.2
3.	Large domestic banks	4.81	125	88	3.9	713	89.4	10.7	48.5	0.0
4.	Small domestic banks	4.24	192	109	3.1	165	35.7	57.2	31.7	30.0
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	2.50	39,413	1,597	3.1	148	31.4	27.5	16.0	0.1
2.	Domestic banks	2.49	30,531	1,329	3.0	127	26.5	11.3	18.2	0.2
3.	Large domestic banks	2.41	29,300	2,101	3.0	117	23.8	11.5	17.3	0.0
4.	Small domestic banks	4.37	1,231	136	3.0	359	90.1	6.5	40.4	4.7
5.	Foreign banks	2.55	8,882	5,203	3.2	228	48.1	82.9	8.3	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	3.32	3.52	3.19
2.	Standard error of loan rate	.19	.19	.19	.08	.38

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 March 31, 2015 , assets of the large banks were at least $4.8 billion. Median total assets for all insured banks were roughly $174 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 https://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.