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Survey of Terms of Business Lending - E.2

Release Date: April 8, 2016

E.2 Survey of Terms of Business Lending
FEBRUARY 1-5, 2016

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	2.17	117,832	814	715	67.8	28.6	13.3	32.4	57.2	85.0	13.3
A	Minimal risk	1.70	2,974	690	588	58.1	24.1	10.8	0.1	48.5	82.4	14.1
B	Low risk	1.78	23,295	1,298	595	49.2	35.9	10.9	9.1	38.4	78.3	11.0
C	Moderate risk	2.25	34,902	657	685	58.7	41.4	16.1	16.2	47.4	77.4	13.5
D	Other	2.97	24,168	437	621	63.0	38.0	23.2	6.3	37.7	83.8	13.3

2.	Zero interval	3.27	22,453	397	861	64.0	28.4	47.7	2.4	48.8	94.5	12.3
A	Minimal risk	1.57	815	1,372	619	50.9	5.9	15.7	0.4	44.6	93.4	11.2
B	Low risk	2.67	2,395	480	1,054	54.4	25.3	47.7	7.9	59.0	89.3	11.2
C	Moderate risk	3.04	10,138	465	817	58.1	32.2	45.0	2.4	49.9	93.5	12.5
D	Other	3.91	8,091	313	897	75.9	30.4	54.9	1.3	43.7	97.8	12.6

3.	Daily	1.32	20,782	3,784	444	75.8	46.1	4.3	32.0	37.9	53.6	16.5
A	Minimal risk	2.03	46	177	108	61.9	1.0	5.8	0.0	3.4	68.7	5.1
B	Low risk	1.28	5,083	3,733	323	83.6	35.6	8.4	20.1	30.8	36.1	10.1
C	Moderate risk	1.01	7,365	4,546	108	75.6	74.0	2.0	14.5	18.3	29.8	21.0
D	Other	1.32	3,951	2,498	166	40.3	58.6	5.3	9.3	16.3	70.1	8.5

4.	2 to 30 days	1.90	59,406	1,170	695	65.6	23.0	4.0	44.3	64.5	91.0	13.5
A	Minimal risk	1.63	1,832	652	575	64.5	36.4	9.8	0.0	49.4	77.4	16.9
B	Low risk	1.61	12,985	1,690	527	31.9	37.5	3.5	6.6	35.2	91.2	11.5
C	Moderate risk	2.09	12,803	639	832	46.7	35.1	3.1	24.4	55.0	86.8	13.4
D	Other	2.63	9,256	525	458	61.5	37.3	7.0	10.4	40.0	78.5	16.2

5.	31 to 365 days	2.40	9,580	652	725	70.5	18.6	5.2	42.2	63.7	90.4	11.7
A	Minimal risk	1.76	192	740	226	26.4	0.2	1.3	0.0	51.4	84.6	1.1
B	Low risk	2.27	1,718	541	623	47.1	36.8	5.5	1.4	37.0	79.3	12.7
C	Moderate risk	2.82	2,419	459	756	67.0	13.3	9.2	33.6	55.9	94.4	14.1
D	Other	3.17	1,816	386	704	54.2	41.2	2.7	3.5	36.5	81.0	14.0
					Months
6.	More than 365 days	3.66	4,925	411	50	76.7	38.6	20.4	12.8	74.7	88.8	11.6
A	Minimal risk	4.07	88	239	46	58.0	0.1	8.5	0.0	81.7	86.7	23.1
B	Low risk	3.35	1,114	1,513	54	85.4	39.5	38.0	2.2	68.7	96.1	4.9
C	Moderate risk	3.69	1,641	539	48	80.7	30.6	15.3	25.9	79.6	86.1	9.7
D	Other	4.56	991	221	51	75.5	20.3	23.3	2.5	57.2	78.8	10.1
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.81	3,407	3.3	163	90.9	7.7	44.1	3.1	17.1	78.1	9.1
8.	100 - 999	3.43	11,962	3.3	106	82.4	15.6	40.8	3.3	24.7	83.0	12.2
9.	1,000 - 9,999	2.72	25,271	3.2	112	60.7	27.4	22.4	13.1	58.1	89.4	15.9
10.	10,000+	1.73	77,192	2.8	61	66.8	32.0	4.6	44.5	63.6	84.1	12.8
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.23	15,615	3.2	108	79.4	7.2	244	4.4	47.6	85.2	12.3
12.	Other	1.86	102,217	2.9	75	66.0	31.9	1,266	36.7	58.6	84.9	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	2.40	86,437	614	822	74.9	12.2	16.2	44.1	66.6	93.7	14.4
A	Minimal risk	1.91	1,972	477	507	49.0	3.6	16.3	0.2	29.8	75.6	20.1
B	Low risk	2.09	13,961	818	659	45.0	9.8	15.1	15.0	43.9	87.8	14.2
C	Moderate risk	2.71	23,487	451	854	63.7	20.9	21.7	24.1	58.0	93.3	14.2
D	Other	3.48	15,479	288	799	77.5	25.5	32.4	9.9	44.2	91.2	14.3

2.	Zero interval	3.23	21,791	388	849	64.1	29.3	46.4	2.5	49.2	94.3	12.1
A	Minimal risk	1.57	815	1,372	619	50.9	5.9	15.7	0.4	44.6	93.4	11.2
B	Low risk	2.66	2,369	476	1,057	54.7	25.5	47.4	8.0	58.8	89.2	11.1
C	Moderate risk	3.02	9,862	455	801	57.7	33.1	43.8	2.4	50.6	93.3	12.5
D	Other	3.85	7,731	302	883	77.1	31.8	53.1	1.4	44.0	97.7	11.9

3.	Daily	2.00	8,237	1,651	1,133	95.6	0.2	10.8	80.8	89.4	94.3	21.6
A	Minimal risk	2.42	32	125	365	89.1	1.4	8.4	0.0	4.9	99.0	5.1
B	Low risk	2.03	1,630	1,337	1,056	98.0	0.0	26.1	62.5	85.8	76.7	12.8
C	Moderate risk	1.88	1,631	1,101	466	84.8	0.3	8.9	65.4	76.8	99.2	25.9
D	Other	2.95	607	446	1,064	91.3	2.1	34.4	60.3	66.4	90.8	24.9

4.	2 to 30 days	2.00	45,194	926	735	76.0	6.3	4.8	58.2	70.6	93.7	14.8
A	Minimal risk	2.06	1,002	370	358	48.6	2.3	18.0	0.1	13.7	58.7	35.9
B	Low risk	1.86	8,267	1,155	436	31.6	6.9	5.5	10.2	30.2	89.5	15.5
C	Moderate risk	2.37	7,945	409	958	64.3	10.2	4.2	39.1	59.7	92.5	14.8
D	Other	2.93	5,602	330	577	74.7	22.8	9.6	17.2	46.0	84.1	17.0

5.	31 to 365 days	2.38	7,506	529	666	76.9	7.2	6.0	53.9	67.7	95.6	12.5
A	Minimal risk	2.16	91	442	291	13.0	0.3	2.8	0.0	77.0	97.8	1.9
B	Low risk	2.39	1,010	334	259	24.5	16.0	9.4	2.3	25.5	84.7	18.5
C	Moderate risk	2.90	2,169	422	747	70.4	7.6	9.6	37.5	55.0	95.6	14.3
D	Other	3.49	848	185	490	81.6	16.7	5.7	7.5	30.6	97.1	16.6
					Months
6.	More than 365 days	3.67	3,023	263	51	85.3	10.4	8.4	20.9	67.1	82.2	9.0
A	Minimal risk	4.28	32	90	37	75.8	0.2	23.2	0.0	49.8	63.5	3.3
B	Low risk	2.48	685	992	53	78.2	3.8	1.5	3.6	84.2	93.6	6.3
C	Moderate risk	3.67	1,344	454	49	85.6	17.1	4.1	31.6	75.8	83.7	9.3
D	Other	4.36	628	147	55	87.5	9.2	14.0	4.0	32.5	66.6	9.6
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.81	3,389	3.3	162	91.1	7.7	44.2	3.1	16.9	78.1	9.0
8.	100 - 999	3.45	11,463	3.3	101	83.8	14.6	41.5	3.5	22.8	82.8	12.0
9.	1,000 - 9,999	2.87	19,133	3.2	100	63.9	18.4	26.2	17.3	58.8	93.5	16.5
10.	10,000+	1.91	52,452	2.8	50	76.0	9.7	5.3	65.5	82.2	97.1	14.3
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.16	14,037	3.3	34	80.7	2.6	222	4.8	46.2	83.6	11.9
12.	Other	2.06	72,401	2.9	80	73.8	14.0	933	51.8	70.5	95.6	14.8

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	2.30	81,875	756	824	74.1	12.6	13.7	46.5	68.0	94.7	14.7
A	Minimal risk	1.85	1,916	545	493	47.6	3.6	15.5	0.2	29.1	75.6	20.7
B	Low risk	2.04	13,613	934	659	43.9	9.8	14.2	15.4	44.2	87.8	14.4
C	Moderate risk	2.58	21,476	538	860	61.1	22.3	17.9	26.1	58.6	95.4	14.7
D	Other	3.37	13,679	346	789	75.6	28.2	27.4	10.8	46.5	92.0	15.4

2.	Zero interval	3.11	19,152	487	895	60.6	32.8	42.1	2.5	50.4	96.1	12.6
A	Minimal risk	1.51	794	1,636	608	49.7	6.0	14.3	0.5	44.5	93.3	11.5
B	Low risk	2.60	2,232	571	1,094	52.7	27.1	44.8	8.4	60.6	88.8	11.3
C	Moderate risk	2.89	8,619	573	843	52.8	37.2	38.9	2.5	50.2	96.6	13.0
D	Other	3.77	6,688	377	925	74.6	36.4	47.8	1.2	47.3	98.3	12.9

3.	Daily	1.91	7,906	3,488	1,138	95.9	0.2	7.5	84.2	91.5	94.9	22.1
A	Minimal risk	2.20	30	173	370	89.6	1.5	8.9	0.0	0.0	100.0	5.4
B	Low risk	2.02	1,622	1,507	1,057	98.0	0.0	25.8	62.9	86.2	76.6	12.8
C	Moderate risk	1.73	1,510	2,300	476	83.8	0.3	1.6	70.6	78.7	99.1	27.7
D	Other	2.50	449	3,196	861	90.1	2.1	12.3	81.5	78.4	98.3	29.6

4.	2 to 30 days	1.98	44,624	1,005	739	75.9	6.2	4.3	58.9	71.1	93.7	14.9
A	Minimal risk	2.06	997	373	356	48.4	2.1	17.9	0.1	13.7	58.6	36.1
B	Low risk	1.85	8,216	1,212	436	31.2	6.9	5.3	10.3	30.3	89.4	15.6
C	Moderate risk	2.34	7,741	433	972	63.6	10.2	3.0	40.1	60.4	92.7	15.0
D	Other	2.89	5,310	363	585	73.8	23.3	7.7	18.0	46.5	83.5	17.7

5.	31 to 365 days	2.28	7,140	690	669	76.9	7.0	4.8	56.3	69.1	96.5	12.9
A	Minimal risk	1.89	82	1,124	297	3.6	0.4	1.1	0.0	82.8	99.9	2.1
B	Low risk	2.22	936	376	262	19.9	15.6	8.1	1.8	23.8	84.0	19.9
C	Moderate risk	2.80	1,996	577	723	70.3	7.1	8.6	39.7	56.1	96.5	15.0
D	Other	3.36	782	213	499	80.8	17.9	2.3	7.8	30.1	98.9	17.5
					Months
6.	More than 365 days	3.32	2,368	349	47	83.4	11.2	6.5	26.0	72.9	92.9	9.9
A	Minimal risk	5.49	13	121	40	41.0	0.0	0.7	0.0	0.0	98.8	3.8
B	Low risk	2.21	607	1,911	53	76.2	2.1	1.0	4.0	91.7	98.7	6.5
C	Moderate risk	3.21	1,074	708	43	82.7	20.3	3.4	38.7	77.6	95.2	10.0
D	Other	4.22	388	166	47	86.5	8.8	10.4	4.8	37.1	78.4	12.8
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.55	2,577	3.2	143	91.1	8.7	36.9	2.8	12.4	74.9	9.7
8.	100 - 999	3.31	9,581	3.3	76	82.6	16.1	38.3	3.4	21.7	81.8	13.0
9.	1,000 - 9,999	2.78	17,775	3.1	72	62.2	19.3	24.2	18.6	59.6	95.1	17.2
10.	10,000+	1.89	51,942	2.7	50	75.8	9.8	4.4	66.1	82.2	97.9	14.4
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.14	11,214	3.2	31	78.2	2.9	268	5.4	48.4	85.0	13.4
12.	Other	2.01	70,661	2.9	66	73.5	14.1	1,062	53.0	71.2	96.2	14.9

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	4,563	140	769	89.0	5.6	61.9	2.4	40.4	76.1	6.0
A	Minimal risk	3.81	56	90	913	98.1	3.0	43.7	0.0	53.1	74.0	1.7
B	Low risk	4.01	348	140	648	88.0	8.4	50.4	2.7	29.6	86.6	5.6
C	Moderate risk	4.08	2,011	166	773	91.0	6.1	62.3	2.6	52.3	70.6	7.0
D	Other	4.29	1,801	126	876	92.1	5.6	70.5	2.6	26.8	84.7	5.3

2.	Zero interval	4.06	2,639	157	463	90.1	3.6	78.2	2.1	40.5	81.2	7.0
A	Minimal risk	3.87	21	193	1,050	97.4	0.0	67.5	0.0	47.0	97.4	2.0
B	Low risk	3.72	137	129	271	87.4	0.0	91.1	2.4	29.9	95.9	9.1
C	Moderate risk	3.91	1,243	188	452	91.3	5.3	78.4	1.7	52.9	70.8	8.3
D	Other	4.35	1,044	133	563	93.0	2.8	87.1	2.9	23.1	93.5	5.6

3.	Daily	4.08	332	122	986	88.5	1.2	88.9	0.0	40.7	78.0	5.2
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	4.31	9	60	430	94.9	0.0	96.9	0.0	8.2	100.0	12.3
C	Moderate risk	3.70	122	147	332	96.4	0.6	99.4	0.0	52.8	100.0	4.7
D	Other	4.22	158	129	1,642	94.6	2.1	97.2	0.1	32.4	69.5	6.1

4.	2 to 30 days	3.56	570	129	419	89.0	11.4	44.6	1.5	32.5	87.7	5.4
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	3.14	52	136	356	88.1	0.4	38.4	0.0	14.3	97.8	1.2
C	Moderate risk	3.52	204	132	413	93.8	10.5	50.1	0.9	34.6	82.3	5.8
D	Other	3.73	292	124	452	90.1	14.3	44.0	2.3	35.8	93.9	6.1

5.	31 to 365 days	4.35	366	95	626	75.6	10.8	30.3	8.1	40.9	77.6	3.4
A	Minimal risk	4.63	9	68	215	98.8	0.0	17.9	0.0	24.4	78.2	0.2
B	Low risk	4.52	74	138	230	82.2	21.0	25.6	8.6	46.5	94.3	2.2
C	Moderate risk	4.04	173	103	1,014	71.3	12.7	21.3	11.7	42.8	85.8	4.6
D	Other	4.99	66	73	385	91.3	3.2	46.5	4.5	36.5	75.7	2.3
					Months
6.	More than 365 days	4.94	655	139	66	92.2	7.8	15.2	2.4	45.9	43.3	2.4
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	4.56	78	209	54	93.6	17.3	5.1	0.0	25.4	54.1	4.0
C	Moderate risk	5.48	270	187	72	97.4	4.3	7.2	3.4	68.8	37.9	3.3
D	Other	4.59	240	123	70	89.1	10.0	19.7	2.7	25.0	47.5	1.1
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	4.62	813	3.4	220	90.8	4.3	67.3	4.2	31.3	88.1	7.2
8.	100 - 999	4.16	1,882	3.4	231	89.5	6.9	58.2	3.8	28.5	87.6	7.1
9.	1,000 - 9,999	4.14	1,358	3.4	470	86.0	6.6	52.2	0.3	47.6	72.6	3.9
10.	10,000+	...	...	...	...	...	...	...	...	...	...	...
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.27	2,823	3.4	44	90.9	1.4	132	2.7	37.7	78.2	5.6
12.	Other	3.95	1,740	3.2	649	85.9	12.3	157	1.9	44.7	72.6	6.6

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	1.55	31,395	8,255	439	48.0	74.0	5.0	0.1	31.2	61.1	9.1
A	Minimal risk	1.31	1,002	5,634	709	76.0	64.3	0.0	0.0	85.2	95.8	4.8
B	Low risk	1.33	9,334	10,621	510	55.4	74.9	4.7	0.1	30.3	64.2	4.6
C	Moderate risk	1.32	11,415	10,239	364	48.3	83.7	4.5	0.2	25.5	44.9	10.5
D	Other	2.05	8,689	6,019	334	37.1	60.2	6.8	0.0	26.1	70.7	11.0

2.	Zero interval	4.63	662	1,760	1,234	58.7	0.0	89.7	0.0	33.7	100.0	19.7
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	...	...	...	...	...	...	...	...	...	...	...
C	Moderate risk	4.02	276	2,179	1,349	72.4	0.0	85.3	0.0	26.4	100.0	11.9
D	Other	5.22	359	1,561	1,174	50.7	0.0	94.2	0.0	36.3	100.0	26.0

3.	Daily	0.88	12,544	24,921	16	62.8	76.2	0.0	0.0	4.0	27.0	4.8
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	0.93	3,453	24,315	17	76.8	52.3	0.0	0.0	4.8	16.9	4.3
C	Moderate risk	0.76	5,734	41,503	18	73.0	95.0	0.1	0.0	1.7	10.1	7.2
D	Other	1.03	3,344	15,199	12	31.1	68.9	0.0	0.0	7.2	66.3	4.4

4.	2 to 30 days	1.59	14,212	7,207	572	32.6	76.3	1.3	0.2	45.1	82.7	8.9
A	Minimal risk	1.12	831	7,730	730	83.8	77.6	0.0	0.0	92.6	100.0	3.4
B	Low risk	1.18	4,718	9,040	669	32.5	91.1	0.0	0.2	44.0	94.2	4.9
C	Moderate risk	1.62	4,858	7,734	633	17.9	75.8	1.2	0.4	47.1	77.6	10.7
D	Other	2.17	3,655	5,531	299	41.3	59.5	3.0	0.0	30.8	69.9	14.7

5.	31 to 365 days	2.47	2,074	4,222	935	47.6	59.9	2.2	0.0	48.9	71.5	7.8
A	Minimal risk	1.40	101	1,882	170	38.4	0.0	0.0	0.0	28.4	72.8	0.1
B	Low risk	2.11	708	4,668	1,116	79.4	66.5	0.0	0.0	53.5	71.5	2.9
C	Moderate risk	2.12	250	1,841	834	37.4	63.3	5.9	0.0	63.0	83.5	12.3
D	Other	2.89	968	7,605	889	30.2	62.7	0.0	0.0	41.6	67.0	10.6
					Months
6.	More than 365 days	3.63	1,902	4,130	47	63.1	83.4	39.6	0.0	86.9	99.5	15.1
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	4.75	429	9,317	56	96.9	96.4	96.4	0.0	44.1	100.0	2.8
C	Moderate risk	3.81	298	3,447	48	58.3	91.8	65.8	0.0	96.8	96.8	10.9
D	Other	4.91	363	1,766	44	54.8	39.4	39.4	0.0	100.0	100.0	10.7
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.07	18	2.7	166	51.4	11.6	22.8	0.0	53.1	79.2	15.1
8.	100 - 999	3.10	499	3.2	206	51.7	38.7	25.1	0.0	68.7	86.9	17.4
9.	1,000 - 9,999	2.23	6,137	3.2	148	50.5	55.5	10.7	0.1	56.1	76.8	13.6
10.	10,000+	1.35	24,740	2.9	83	47.4	79.3	3.2	0.1	24.3	56.6	7.3
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.81	1,579	3.2	761	67.3	48.7	2,427	0.0	60.1	99.3	14.9
12.	Other	1.38	29,816	2.9	63	47.0	75.3	9,458	0.1	29.7	59.0	8.6

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	2.12	29,588	677	2.9	120	68.4	46.8	15.2	7.8	29.8
A	Not under commitment	1.65	17,696	648	2.9	74	73.1	52.6	13.1	1.7	7.7
B	Informal commitment	3.44	747	131	3.4	81	87.9	9.3	32.5	2.7	37.9
C	Formal commitment	2.77	11,145	1,045	3.0	195	59.7	40.1	17.3	17.9	64.3
2.	Before survey week 11
A	Up to 90 days	1.73	20,413	827	3.1	56	69.9	27.2	8.2	51.8	68.8
B	91 to 365 days	2.22	31,515	647	2.9	71	68.5	29.9	15.0	34.7	62.9
C	More than 365 days	2.43	36,316	1,317	3.1	66	65.4	13.6	13.0	39.6	68.0

Domestic banks
3.	During survey week	3.11	14,212	336	2.9	205	76.6	21.1	28.6	16.3	49.3
A	Not under commitment	3.46	5,471	206	2.8	222	87.3	11.5	42.0	5.4	18.7
B	Informal commitment	3.59	677	120	3.5	85	94.0	4.0	35.7	3.0	41.9
C	Formal commitment	2.83	8,063	797	3.0	203	67.9	29.0	18.9	24.7	70.7
4.	Before survey week 11
A	Up to 90 days	1.85	15,304	630	2.9	57	89.4	4.9	10.3	69.1	79.2
B	91 to 365 days	2.37	24,571	512	3.0	47	77.5	15.0	17.6	44.4	67.3
C	More than 365 days	2.37	32,351	1,230	3.0	41	65.4	9.6	12.6	44.4	67.7

Large domestic banks
5.	During survey week	2.87	11,776	394	2.9	154	74.2	24.5	21.9	19.3	50.2
A	Not under commitment	3.29	4,379	195	2.7	102	88.1	13.8	38.5	6.8	9.6
B	Informal commitment	2.72	268	198	3.9	27	99.4	0.0	0.4	0.0	36.8
C	Formal commitment	2.62	7,128	1,173	2.9	192	64.7	31.9	12.5	27.8	75.7
6.	Before survey week 11
A	Up to 90 days	1.77	14,809	761	2.9	52	89.5	4.8	8.3	71.3	80.7
B	91 to 365 days	2.28	23,282	651	3.0	47	76.7	15.5	15.1	46.6	69.2
C	More than 365 days	2.36	32,008	1,374	3.0	41	65.2	9.6	12.1	44.9	67.9

Small domestic banks
7.	During survey week	4.26	2,436	196	3.3	447	88.2	4.7	61.1	1.4	44.9
A	Not under commitment	4.14	1,092	267	3.2	704	84.3	2.4	56.3	0.1	55.1
B	Informal commitment	4.15	409	95	3.2	124	90.5	6.6	58.8	5.0	45.1
C	Formal commitment	4.46	935	232	3.4	287	91.8	6.6	67.8	1.4	32.8
8.	Before survey week 11
A	Up to 90 days	4.11	495	103	3.4	183	87.3	5.7	72.2	4.0	34.4
B	91 to 365 days	4.02	1,288	105	3.4	44	91.0	5.9	62.0	4.0	32.4
C	More than 365 days	3.86	343	114	3.4	49	89.3	10.6	51.8	1.1	46.8

Foreign banks
9.	During survey week	1.21	15,376	11,099	2.9	42	60.9	70.6	2.7	0.0	11.8
A	Not under commitment	0.84	12,224	15,653	2.9	8	66.7	71.0	0.1	0.0	2.8
B	Informal commitment	1.99	70	1,349	2.6	39	28.3	60.4	1.9	0.0	0.0
C	Formal commitment	2.62	3,082	5,576	2.8	173	38.4	69.2	13.1	0.0	47.6
10.	Before survey week 11
A	Up to 90 days	1.35	5,109	12,679	3.2	54	11.5	94.0	1.8	0.0	37.6
B	91 to 365 days	1.70	6,945	9,209	2.5	156	36.7	82.4	6.0	0.4	47.4
C	More than 365 days	2.91	3,965	3,145	3.4	272	65.2	46.4	16.5	0.0	70.4

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	1.81	38,190	6,571	3.0	41	97.5	0.1	1.8	98.3
2.	Domestic banks	1.81	38,162	6,571	3.0	41	97.5	0.1	1.8	98.3
3.	Large domestic banks	1.80	38,053	8,652	3.0	41	97.5	0.0	1.6	98.4
4.	Small domestic banks	5.08	109	78	3.4	245	88.3	16.6	70.1	68.4
5.	Foreign banks	...	...	...	...	...	...	...	...	...

8. Commercial and industrial loans made under participation or syndication 7

Loans made under participation		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)	Percent of value of loans
Loans made under participation		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)	Secured by collateral	Subject to prepayment penalty	Prime based	SBA backed 6
1.	All banks	2.22	67,355	2,195	3.0	97	78.6	19.9	11.0	55.7
2.	Domestic banks	2.18	57,548	2,018	3.0	71	83.2	10.9	11.3	65.2
3.	Large domestic banks	2.11	55,706	3,121	3.0	62	82.9	11.1	9.7	67.2
4.	Small domestic banks	4.29	1,842	173	3.2	351	93.9	5.0	57.8	4.1
5.	Foreign banks	2.44	9,807	4,523	2.8	248	51.8	72.6	9.7	0.3

Summary statistics		All commercial banks	Domestic banks	Large domestic banks	Small domestic banks	Foreign banks
1.	Average reported prime rate	3.54	3.56	3.54	3.63	3.34
2.	Standard error of loan rate	.08	.19	.18	.11	.20

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, 2015 , assets of the large banks were at least $5.2 billion. Median total assets for all insured banks were roughly $183 million. Assets at all U.S. branches and agencies averaged 10.7 billion.

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

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

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

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

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

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

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

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

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

11. For loans made under formal commitments.

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