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Survey of Terms of Business Lending - E.2

Release Date: January 4, 2016

E.2 Survey of Terms of Business Lending
NOVEMBER 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	2.06	116,369	871	697	61.9	25.3	14.5	0.8	55.5	87.4	13.2
A	Minimal risk	1.64	2,593	640	621	49.3	18.8	11.2	0.0	41.8	84.4	15.3
B	Low risk	1.41	33,208	1,922	451	41.2	26.7	7.6	0.6	45.0	86.8	8.2
C	Moderate risk	2.14	33,797	713	741	58.1	36.8	18.3	1.2	48.4	82.3	13.0
D	Other	2.99	22,268	432	624	68.2	27.9	27.1	1.0	41.2	83.4	14.0

2.	Zero interval	3.02	24,436	433	858	55.5	20.6	47.7	1.3	49.9	95.9	11.7
A	Minimal risk	1.57	607	954	631	48.2	3.2	25.5	0.1	53.7	93.2	13.6
B	Low risk	2.23	4,210	885	864	41.6	6.1	36.3	2.2	73.8	92.7	7.6
C	Moderate risk	2.92	10,432	455	852	51.0	24.8	46.6	1.6	46.8	96.8	12.1
D	Other	3.72	8,144	322	888	67.5	26.6	55.4	0.7	42.1	97.2	13.2

3.	Daily	1.05	12,166	1,353	312	79.7	38.0	3.0	1.9	28.5	45.9	19.9
A	Minimal risk	1.58	43	275	60	100.0	0.0	10.5	0.0	0.0	100.0	4.8
B	Low risk	0.71	3,455	2,354	135	88.3	20.5	1.3	1.3	10.7	26.3	20.6
C	Moderate risk	0.92	4,485	1,223	174	65.7	73.0	3.2	3.6	16.8	38.1	7.7
D	Other	1.42	2,434	764	232	78.8	26.0	4.8	1.1	25.3	49.0	23.6

4.	2 to 30 days	1.83	41,110	1,184	662	59.8	25.9	4.8	0.1	52.1	86.3	16.6
A	Minimal risk	1.44	1,436	683	531	54.6	27.0	8.5	0.0	36.6	77.2	19.3
B	Low risk	1.42	11,041	1,617	430	30.2	32.3	3.2	0.0	28.6	89.7	14.0
C	Moderate risk	1.77	11,099	1,027	693	57.7	34.5	2.8	0.1	48.9	79.8	14.2
D	Other	2.33	7,540	585	318	61.2	36.7	7.7	0.2	37.3	74.9	14.3

5.	31 to 365 days	1.81	24,324	1,855	625	48.5	24.0	5.0	0.3	62.0	97.6	6.1
A	Minimal risk	1.91	253	314	663	28.7	12.2	2.2	0.0	28.4	88.6	8.0
B	Low risk	1.16	12,031	5,237	349	27.5	29.4	1.0	0.1	50.7	98.4	3.6
C	Moderate risk	2.24	3,745	876	859	47.4	37.3	11.5	0.4	54.1	95.5	11.9
D	Other	3.14	2,522	635	619	65.5	16.7	13.9	1.2	51.9	94.8	11.7
					Months
6.	More than 365 days	3.15	5,919	477	46	77.5	55.3	21.5	3.2	75.9	86.1	10.1
A	Minimal risk	2.70	251	855	31	34.4	19.6	1.9	0.0	64.0	98.1	9.7
B	Low risk	2.96	1,180	940	43	85.0	61.9	41.4	3.3	83.6	89.9	5.4
C	Moderate risk	2.92	2,293	607	46	70.1	58.1	15.7	1.8	75.0	80.7	5.0
D	Other	4.53	1,083	264	49	89.6	21.7	30.0	5.8	59.6	82.9	10.0
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.85	3,155	3.3	180	89.8	7.7	53.5	5.6	11.7	75.8	7.6
8.	100 - 999	3.28	12,080	3.3	105	82.0	14.8	45.9	1.9	22.7	82.8	10.5
9.	1,000 - 9,999	2.56	25,233	3.1	110	59.2	24.8	25.2	1.7	55.8	91.4	16.4
10.	10,000+	1.63	75,902	2.7	86	58.4	27.9	4.3	0.1	62.4	87.3	12.8
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	3.97	16,828	3.3	125	76.3	9.6	245	3.6	45.2	92.4	11.7
12.	Other	1.74	99,540	2.8	91	59.5	28.0	1,533	0.3	57.2	86.5	13.5

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	2.30	86,780	666	790	65.9	11.0	17.6	1.0	60.2	94.5	14.8
A	Minimal risk	1.72	1,806	476	591	43.7	5.9	15.9	0.0	23.6	78.8	21.2
B	Low risk	1.60	21,612	1,294	462	36.2	4.9	9.3	0.9	44.9	93.8	10.8
C	Moderate risk	2.52	24,163	521	876	61.9	19.4	23.5	1.7	54.2	93.6	14.4
D	Other	3.37	16,275	324	738	74.7	20.7	34.3	1.3	46.9	92.3	14.2

2.	Zero interval	2.99	23,751	424	849	55.7	21.2	46.4	1.3	49.7	95.8	11.4
A	Minimal risk	1.56	602	952	636	48.5	3.2	24.9	0.1	53.4	93.1	13.5
B	Low risk	2.23	4,136	873	866	41.8	6.3	35.7	2.2	73.9	92.5	7.4
C	Moderate risk	2.89	10,130	444	839	51.7	25.5	45.0	1.7	46.3	96.7	11.9
D	Other	3.66	7,840	314	876	67.2	27.7	53.9	0.7	42.0	97.1	12.8

3.	Daily	1.80	4,404	513	925	93.6	4.3	8.4	5.3	72.1	99.3	23.9
A	Minimal risk	1.93	29	186	60	100.0	0.0	15.7	0.0	0.0	100.0	7.1
B	Low risk	1.57	783	570	772	76.0	6.8	5.9	5.8	44.1	99.6	24.0
C	Moderate risk	2.23	987	278	791	93.9	11.7	14.4	16.4	67.2	99.8	12.5
D	Other	2.04	857	286	798	97.9	1.2	13.7	3.2	51.3	99.2	26.7

4.	2 to 30 days	2.10	29,785	891	756	70.5	6.7	6.6	0.1	59.0	91.4	19.8
A	Minimal risk	1.74	919	467	455	45.7	0.8	13.2	0.0	6.0	64.3	34.0
B	Low risk	1.73	7,320	1,118	387	33.1	3.2	4.8	0.1	26.5	90.0	19.8
C	Moderate risk	2.14	7,087	682	816	72.3	9.9	4.1	0.2	55.9	90.3	16.8
D	Other	2.87	4,515	362	383	80.0	21.8	12.9	0.4	48.5	82.3	15.6

5.	31 to 365 days	1.83	17,298	1,389	618	51.8	7.1	5.8	0.4	58.0	98.0	7.3
A	Minimal risk	2.24	158	221	897	20.3	19.6	3.5	0.0	27.3	94.9	12.0
B	Low risk	1.11	7,668	3,496	278	20.9	4.7	0.6	0.2	37.5	97.7	5.0
C	Moderate risk	2.35	2,510	626	721	42.3	19.6	14.3	0.6	43.7	96.7	15.3
D	Other	3.30	1,799	471	539	71.0	8.4	18.8	1.6	58.1	98.6	11.1
					Months
6.	More than 365 days	3.52	3,127	262	50	66.1	31.7	18.5	6.0	56.2	75.5	6.3
A	Minimal risk	1.60	96	349	21	15.7	48.8	4.9	0.0	6.3	95.2	4.7
B	Low risk	3.15	415	351	42	58.8	22.1	20.8	9.4	67.4	85.2	8.9
C	Moderate risk	3.19	1,705	463	51	59.9	46.3	13.6	2.4	66.4	74.1	4.5
D	Other	4.44	720	184	52	87.6	8.1	22.6	8.7	39.2	74.3	8.7
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.85	3,139	3.3	181	89.9	7.7	53.7	5.6	11.5	75.7	7.5
8.	100 - 999	3.29	11,634	3.3	99	83.0	13.8	46.4	2.0	21.0	82.5	10.2
9.	1,000 - 9,999	2.69	20,276	3.1	93	60.8	17.3	28.3	2.1	57.1	94.6	16.9
10.	10,000+	1.83	51,731	2.6	64	62.6	8.1	4.7	0.1	73.2	98.3	15.3
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	3.98	15,258	3.3	70	76.7	4.9	224	4.0	41.4	91.8	11.3
12.	Other	1.94	71,522	2.8	83	63.6	12.3	1,149	0.4	64.2	95.1	15.6

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	2.20	81,746	850	792	64.9	11.2	15.1	0.9	61.8	95.4	15.4
A	Minimal risk	1.65	1,733	602	577	42.0	6.1	14.8	0.0	22.1	78.5	21.8
B	Low risk	1.55	21,125	1,534	458	35.6	5.0	8.3	0.8	45.1	94.0	10.8
C	Moderate risk	2.38	22,175	662	867	59.5	19.8	20.7	1.6	55.9	94.9	15.2
D	Other	3.31	14,196	394	752	73.8	23.3	29.7	1.2	49.3	93.3	15.4

2.	Zero interval	2.89	21,628	553	864	53.1	22.8	43.2	1.2	52.3	96.6	11.8
A	Minimal risk	1.47	571	1,140	584	47.3	3.4	22.5	0.1	54.7	92.7	13.7
B	Low risk	2.17	3,971	1,081	881	40.9	6.5	33.7	2.2	76.2	92.7	7.1
C	Moderate risk	2.79	9,169	587	846	48.1	27.3	42.2	1.4	48.3	97.1	12.6
D	Other	3.59	6,979	404	901	65.1	30.9	49.3	0.5	44.6	98.3	13.3

3.	Daily	1.66	4,114	672	955	93.4	4.2	4.4	5.7	73.9	99.8	25.1
A	Minimal risk	1.93	29	199	50	100.0	0.0	15.3	0.0	0.0	100.0	7.1
B	Low risk	1.50	764	681	745	75.6	5.9	5.1	5.9	43.6	99.9	24.3
C	Moderate risk	2.06	909	323	821	93.9	12.4	7.4	17.8	72.0	99.9	12.8
D	Other	1.77	763	402	851	98.3	0.3	4.4	3.6	53.1	99.4	29.0

4.	2 to 30 days	2.07	29,067	973	768	70.0	6.8	5.4	0.1	59.3	91.4	20.2
A	Minimal risk	1.74	919	468	455	45.7	0.8	13.2	0.0	6.0	64.3	34.0
B	Low risk	1.73	7,244	1,172	389	32.9	3.2	4.5	0.1	26.3	89.9	20.0
C	Moderate risk	2.12	6,966	733	817	71.9	9.9	3.5	0.2	56.5	90.5	16.9
D	Other	2.79	4,009	392	413	77.9	24.3	6.4	0.3	47.3	80.5	17.5

5.	31 to 365 days	1.75	16,499	2,225	632	51.5	7.3	4.2	0.2	59.5	98.6	7.6
A	Minimal risk	1.82	125	1,075	1,049	0.6	24.3	1.7	0.0	11.0	98.4	14.5
B	Low risk	1.08	7,572	4,247	273	20.7	4.8	0.4	0.0	37.7	97.9	5.0
C	Moderate risk	2.13	2,274	1,018	757	39.2	21.1	10.9	0.3	44.4	97.3	16.4
D	Other	3.56	1,482	554	605	79.9	9.7	18.7	1.4	68.5	99.6	13.2
					Months
6.	More than 365 days	2.94	2,031	349	48	52.1	38.1	10.7	7.8	61.8	89.3	7.8
A	Minimal risk	1.47	89	721	22	9.0	52.8	0.2	0.0	3.5	99.8	4.9
B	Low risk	2.26	284	831	48	49.1	29.6	7.5	9.0	70.9	89.0	11.2
C	Moderate risk	2.51	1,113	771	51	40.2	55.0	5.7	3.3	73.2	88.1	5.5
D	Other	4.27	424	221	44	81.5	6.2	16.1	12.4	45.6	92.2	11.8
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.56	2,229	3.3	146	90.0	9.7	48.2	6.3	6.1	72.0	8.4
8.	100 - 999	3.10	9,530	3.2	71	81.9	15.5	42.8	1.9	18.9	82.1	11.4
9.	1,000 - 9,999	2.62	18,881	3.1	68	59.8	18.0	26.4	2.0	58.1	96.1	17.6
10.	10,000+	1.82	51,107	2.6	56	62.5	7.9	4.3	0.1	73.6	98.6	15.4
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	3.92	12,329	3.2	39	74.3	4.4	272	4.2	43.3	93.2	12.5
12.	Other	1.90	69,417	2.8	68	63.2	12.4	1,365	0.4	65.1	95.8	15.8

4. Commercial and industrial loans made by small domestic banks 1

Maturity/repricing interval 2 and risk 3 of loans		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average maturity 5	Percent of value of loans					Commitment status
Maturity/repricing interval 2 and risk 3 of loans		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average maturity 5	Secured by collateral	Subject to prepayment penalty	Prime based	SBA backed 6	Made under participation or syndication 7	Percent made under commitment	Average months since loan terms set 8
					Days
1.	All C&I loans	3.91	5,033	148	763	81.9	7.6	58.2	2.4	34.3	80.1	4.8
A	Minimal risk	3.54	72	79	955	84.0	1.0	40.7	0.0	57.4	85.3	5.9
B	Low risk	3.74	487	166	614	63.6	3.3	52.1	6.1	36.4	86.1	7.5
C	Moderate risk	4.13	1,988	155	977	88.6	14.9	54.7	2.6	34.9	78.6	4.3
D	Other	3.81	2,079	146	643	81.4	3.4	65.3	1.9	30.2	85.4	4.9

2.	Zero interval	3.98	2,123	126	648	81.4	4.7	78.8	2.8	23.9	88.0	7.2
A	Minimal risk	3.29	31	236	2,171	70.3	0.0	68.5	0.0	29.7	100.0	11.3
B	Low risk	3.52	166	155	291	64.0	0.2	82.2	2.3	18.9	87.5	16.6
C	Moderate risk	3.93	961	134	756	86.1	9.2	71.7	3.9	26.5	92.7	4.9
D	Other	4.27	861	112	620	84.7	1.4	91.2	2.2	21.0	87.3	8.2

3.	Daily	3.68	291	117	558	96.2	6.6	64.6	0.2	47.0	91.4	5.5
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	4.33	19	74	1,574	91.6	41.9	38.6	0.0	65.7	85.9	6.8
C	Moderate risk	4.14	78	105	501	93.6	3.7	94.4	0.2	12.5	99.3	8.9
D	Other	4.21	94	86	480	95.3	9.0	89.4	0.5	36.4	97.5	7.3

4.	2 to 30 days	3.37	718	202	280	90.0	3.7	55.3	0.5	49.3	92.2	3.4
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	2.60	76	209	181	55.3	0.0	33.9	0.0	43.5	100.0	2.1
C	Moderate risk	3.50	122	136	727	94.3	12.3	37.5	0.4	21.4	77.9	5.5
D	Other	3.48	506	224	191	96.8	2.3	64.4	0.7	58.3	97.1	3.2

5.	31 to 365 days	3.37	800	159	317	56.7	2.6	38.3	3.8	28.8	86.0	1.7
A	Minimal risk	3.84	33	55	184	94.1	2.1	10.1	0.0	88.4	81.6	0.4
B	Low risk	3.08	96	234	737	41.9	0.0	20.9	13.2	23.7	84.9	1.8
C	Moderate risk	4.50	235	132	369	72.8	5.3	47.2	4.3	37.0	91.6	3.6
D	Other	2.09	317	278	217	29.7	2.3	19.5	2.5	9.2	93.7	0.8
					Months
6.	More than 365 days	4.59	1,096	180	52	92.1	19.9	32.9	2.5	45.7	49.9	1.4
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	5.08	131	156	28	79.7	5.9	49.7	10.3	59.7	77.0	3.2
C	Moderate risk	4.45	592	264	51	97.0	30.1	28.4	0.7	53.5	47.8	1.4
D	Other	4.70	296	148	64	96.3	10.9	32.0	3.3	30.0	48.7	0.5
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	4.56	911	3.4	260	89.7	2.8	66.9	3.9	24.8	84.6	5.8
8.	100 - 999	4.13	2,104	3.4	223	87.9	6.1	63.1	2.3	30.7	84.1	5.0
9.	1,000 - 9,999	3.66	1,395	3.3	414	74.1	7.0	54.2	2.7	43.0	74.2	5.7
10.	10,000+	...	...	...	...	...	...	...	...	...	...	...
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.22	2,929	3.5	200	86.7	7.3	129	3.0	33.4	85.7	5.7
12.	Other	3.49	2,105	3.2	517	75.3	8.2	184	1.7	35.6	72.3	3.2

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	1.37	29,589	9,023	468	50.2	67.5	5.3	0.0	41.5	66.5	6.6
A	Minimal risk	1.47	787	3,135	677	62.3	48.6	0.6	0.0	83.7	97.4	4.4
B	Low risk	1.04	11,595	20,151	434	50.5	67.3	4.6	0.0	45.1	73.9	2.0
C	Moderate risk	1.17	9,635	9,356	455	48.6	80.3	5.4	0.0	33.9	54.2	6.6
D	Other	1.94	5,993	4,812	358	50.4	47.5	7.7	0.0	26.0	59.3	13.5

2.	Zero interval	4.27	685	1,460	1,268	48.1	0.0	94.3	0.0	57.0	99.2	21.9
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	2.64	74	3,485	788	30.3	0.0	75.0	0.0	69.7	100.0	16.3
C	Moderate risk	3.72	302	2,140	1,584	26.9	0.0	99.4	0.0	64.7	100.0	21.2
D	Other	5.22	304	1,010	1,255	74.1	0.0	94.0	0.0	45.5	98.2	23.9

3.	Daily	0.63	7,761	19,449	24	71.8	57.2	0.0	0.0	3.7	15.6	5.3
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	0.46	2,672	28,831	7	91.9	24.6	0.0	0.0	1.0	4.8	0.1
C	Moderate risk	0.56	3,498	31,054	38	57.8	90.3	0.0	0.0	2.6	20.6	1.2
D	Other	1.09	1,577	8,222	24	68.5	39.4	0.0	0.0	11.1	21.7	16.1

4.	2 to 30 days	1.12	11,325	8,851	437	31.6	76.3	0.2	0.0	33.8	73.0	6.2
A	Minimal risk	0.91	518	3,775	614	70.4	73.5	0.0	0.0	90.9	100.0	2.6
B	Low risk	0.82	3,721	13,111	507	24.6	89.6	0.0	0.0	32.8	88.9	2.4
C	Moderate risk	1.12	4,012	9,545	491	32.1	77.9	0.5	0.0	36.5	61.3	7.5
D	Other	1.53	3,025	7,320	241	33.1	58.9	0.0	0.0	20.4	63.8	11.7

5.	31 to 365 days	1.76	7,025	10,765	642	40.4	65.6	3.0	0.0	71.9	96.7	3.1
A	Minimal risk	1.36	95	1,052	292	42.5	0.0	0.0	0.0	30.4	78.2	0.0
B	Low risk	1.24	4,363	41,843	472	39.1	72.8	1.6	0.0	73.8	99.6	1.2
C	Moderate risk	2.01	1,236	4,627	1,149	57.6	73.3	5.8	0.0	75.0	92.8	4.6
D	Other	2.76	724	4,704	817	51.7	37.1	1.6	0.0	36.4	85.5	13.5
					Months
6.	More than 365 days	2.74	2,793	5,832	41	90.2	81.7	24.8	0.0	97.9	97.9	13.4
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	2.86	765	10,424	43	99.2	83.5	52.5	0.0	92.4	92.4	3.6
C	Moderate risk	2.16	587	6,612	33	99.6	92.2	22.0	0.0	100.0	100.0	5.9
D	Other	4.69	363	1,959	42	93.6	48.7	44.6	0.0	100.0	100.0	11.9
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.14	16	2.9	130	65.5	14.5	20.8	0.0	43.4	99.1	18.4
8.	100 - 999	2.94	446	3.1	265	54.9	41.8	30.6	0.0	65.7	91.3	16.7
9.	1,000 - 9,999	2.03	4,957	3.2	176	52.5	55.4	12.5	0.0	50.8	78.3	14.0
10.	10,000+	1.21	24,171	2.7	128	49.6	70.5	3.4	0.0	39.2	63.6	4.5
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	3.96	1,571	3.0	644	72.3	55.1	2,450	0.0	81.6	98.7	14.9
12.	Other	1.23	28,018	2.7	110	48.9	68.2	10,620	0.0	39.3	64.7	5.9

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	1.73	29,924	663	2.8	103	57.6	40.3	10.9	0.6	29.2
A	Not under commitment	1.46	14,691	531	2.9	97	70.8	41.5	8.7	0.2	6.0
B	Informal commitment	1.53	3,428	413	2.6	61	26.6	74.9	18.3	1.2	8.4
C	Formal commitment	2.13	11,805	1,289	2.7	126	50.2	28.8	11.5	0.9	64.2
2.	Before survey week 11
A	Up to 90 days	1.93	25,508	1,110	2.6	109	56.4	30.6	13.3	0.6	64.7
B	91 to 365 days	2.23	24,097	582	2.9	101	66.1	22.1	21.3	1.3	62.5
C	More than 365 days	2.31	36,840	1,534	3.1	77	66.5	11.7	13.7	0.7	65.8

Domestic banks
3.	During survey week	2.74	13,144	299	2.9	203	75.2	12.8	23.8	1.3	48.8
A	Not under commitment	3.29	4,782	176	2.9	265	76.2	12.1	26.2	0.6	17.0
B	Informal commitment	3.68	929	114	3.3	207	91.9	10.3	66.8	4.4	30.0
C	Formal commitment	2.27	7,433	863	2.8	155	72.5	13.5	16.9	1.4	71.6
4.	Before survey week 11
A	Up to 90 days	2.11	18,268	812	2.7	89	59.8	7.0	16.0	0.8	57.8
B	91 to 365 days	2.21	22,037	538	2.9	69	65.2	17.8	21.7	1.4	61.6
C	More than 365 days	2.29	33,330	1,459	3.0	33	66.0	7.9	13.2	0.8	65.1

Large domestic banks
5.	During survey week	2.42	10,381	358	2.7	125	74.4	14.8	17.1	1.0	50.8
A	Not under commitment	3.00	3,781	176	2.8	123	75.5	13.7	22.0	0.3	12.4
B	Informal commitment	2.96	412	113	3.6	204	87.6	10.7	41.6	7.0	7.1
C	Formal commitment	2.03	6,189	1,624	2.7	120	72.9	15.7	12.5	1.0	77.1
6.	Before survey week 11
A	Up to 90 days	2.02	17,496	1,064	2.6	73	58.3	6.3	13.6	0.7	58.8
B	91 to 365 days	2.13	20,935	683	2.9	70	64.2	18.6	19.3	1.3	64.0
C	More than 365 days	2.27	32,933	1,637	3.0	33	65.9	7.9	12.5	0.8	65.5

Small domestic banks
7.	During survey week	3.93	2,763	185	3.4	456	78.2	5.2	49.0	2.6	41.3
A	Not under commitment	4.38	1,002	177	3.4	791	78.8	6.0	41.9	1.5	34.2
B	Informal commitment	4.25	517	115	3.1	209	95.4	10.1	86.8	2.3	48.2
C	Formal commitment	3.43	1,244	259	3.5	291	70.6	2.6	39.0	3.7	44.2
8.	Before survey week 11
A	Up to 90 days	4.06	772	128	3.4	430	93.6	23.0	70.0	2.9	36.3
B	91 to 365 days	3.87	1,102	106	3.4	55	85.5	3.4	67.1	2.4	16.0
C	More than 365 days	3.66	397	146	3.3	54	75.0	6.6	74.4	0.3	33.2

Foreign banks
9.	During survey week	0.95	16,780	13,787	2.8	34	43.8	61.9	0.8	0.0	13.9
A	Not under commitment	0.58	9,909	19,053	2.9	17	68.2	55.7	0.2	0.0	0.6
B	Informal commitment	0.73	2,500	17,034	2.4	8	2.4	98.9	0.2	0.0	0.4
C	Formal commitment	1.90	4,371	7,944	2.6	86	12.3	54.8	2.3	0.0	51.7
10.	Before survey week 11
A	Up to 90 days	1.48	7,240	15,058	2.5	157	47.7	90.3	6.4	0.0	82.1
B	91 to 365 days	2.42	2,060	4,985	3.0	426	75.2	67.4	17.2	0.0	72.7
C	More than 365 days	2.57	3,510	3,004	3.3	432	70.8	47.2	17.7	0.0	71.6

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	3.97	887	131	3.0	415	97.2	54.0	68.5	39.0
2.	Domestic banks	3.97	887	131	3.0	415	97.2	54.0	68.5	39.0
3.	Large domestic banks	3.83	764	136	3.0	425	97.8	60.6	68.0	35.1
4.	Small domestic banks	4.85	122	106	3.1	354	93.6	13.1	71.3	63.6
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	2.14	64,553	2,844	2.8	131	72.4	23.0	11.8	0.5
2.	Domestic banks	2.16	52,266	2,505	3.0	82	75.7	9.7	12.1	0.7
3.	Large domestic banks	2.09	50,537	4,289	2.9	64	75.2	9.5	10.6	0.5
4.	Small domestic banks	4.13	1,729	190	3.3	512	89.6	15.2	56.7	4.5
5.	Foreign banks	2.07	12,287	6,713	2.5	309	58.4	79.5	10.4	0.0

Summary statistics		All commercial banks	Domestic banks	Large domestic banks	Small domestic banks	Foreign banks
1.	Average reported prime rate	3.31	3.32	3.29	3.42	3.21
2.	Standard error of loan rate	.18	.20	.19	.19	.17

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, 2015, assets of the large banks were at least $5.1 billion. Median total assets for all insured banks were roughly $179 million. Assets at all U.S. branches and agencies averaged 11.4 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.