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Survey of Terms of Business Lending - E.2

Release Date: July 15, 2016

E.2 Survey of Terms of Business Lending
MAY 2-6, 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	2.51	97,902	671	746	58.9	37.4	12.8	0.6	51.7	78.9	12.3
A	Minimal risk	2.43	3,002	645	772	51.3	25.3	16.2	0.1	48.6	80.7	5.2
B	Low risk	2.36	21,237	1,162	506	58.7	45.4	9.3	0.9	51.0	78.8	5.5
C	Moderate risk	2.15	38,652	728	686	51.7	48.3	10.4	0.8	45.8	72.3	12.5
D	Other	3.06	21,619	384	670	65.5	29.5	21.0	0.5	39.5	79.3	13.4

2.	Zero interval	2.97	22,086	391	819	53.3	23.9	36.3	1.2	47.7	90.1	11.7
A	Minimal risk	2.17	1,194	1,890	832	34.8	14.7	20.6	0.1	19.2	86.0	4.9
B	Low risk	2.41	2,728	540	1,001	47.8	7.1	36.6	0.2	65.2	85.6	9.0
C	Moderate risk	2.74	10,538	470	797	45.5	25.2	29.2	1.9	51.3	89.5	11.3
D	Other	3.68	6,615	259	794	70.9	34.2	48.5	0.9	38.0	93.6	14.7

3.	Daily	1.25	18,351	3,030	246	67.4	54.3	3.1	0.0	22.8	32.4	22.5
A	Minimal risk	2.87	53	288	473	91.5	0.8	39.4	0.0	29.5	100.0	9.5
B	Low risk	1.08	3,289	2,172	145	73.9	46.5	3.5	0.0	7.2	28.7	10.9
C	Moderate risk	0.97	9,535	4,692	105	59.6	82.9	2.2	0.0	7.9	15.7	9.5
D	Other	1.84	3,184	1,710	171	60.1	16.8	5.4	0.0	28.0	36.6	20.0

4.	2 to 30 days	2.28	32,270	638	769	62.8	32.1	7.1	0.2	54.8	86.2	13.4
A	Minimal risk	2.49	1,279	434	602	68.5	38.4	6.2	0.0	66.5	70.7	4.8
B	Low risk	1.83	7,913	1,015	455	47.2	44.3	6.5	0.6	40.8	83.9	6.6
C	Moderate risk	2.21	10,394	539	906	59.1	35.7	2.9	0.1	61.4	89.7	14.2
D	Other	2.73	8,098	444	721	63.8	31.8	8.5	0.1	38.3	80.1	11.9

5.	31 to 365 days	3.35	17,603	1,176	813	52.3	37.8	3.5	1.2	71.1	94.6	9.0
A	Minimal risk	2.00	214	398	423	28.9	0.0	8.4	0.3	67.9	83.1	6.7
B	Low risk	3.57	5,992	2,097	319	67.8	63.1	2.3	2.0	76.4	94.9	1.8
C	Moderate risk	2.61	4,754	956	643	49.0	40.7	4.6	1.7	53.2	92.7	17.6
D	Other	3.33	2,274	449	349	52.7	27.1	4.9	0.4	47.0	93.4	12.8
					Months
6.	More than 365 days	3.23	7,347	558	51	52.2	59.0	12.6	0.9	77.9	90.7	8.8
A	Minimal risk	3.53	261	759	44	52.8	35.4	47.3	0.0	83.5	99.6	5.9
B	Low risk	3.16	1,314	1,238	64	71.5	48.9	16.6	1.6	77.4	86.8	5.6
C	Moderate risk	2.78	3,337	1,011	49	29.0	73.5	5.8	0.1	78.6	95.2	5.7
D	Other	4.45	1,367	294	51	82.0	27.6	23.2	2.6	70.0	80.4	9.1
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.86	3,536	3.3	170	91.1	7.9	43.9	2.6	15.9	77.9	7.6
8.	100 - 999	3.44	12,074	3.2	124	83.3	15.5	39.1	1.4	22.7	79.0	11.1
9.	1,000 - 9,999	2.73	22,206	3.2	137	57.1	28.0	21.9	0.8	57.0	89.0	14.2
10.	10,000+	2.16	60,087	2.8	118	52.7	47.0	2.3	0.3	57.7	75.2	12.0
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.14	12,545	3.2	104	76.7	7.3	196	1.5	42.0	87.9	12.0
12.	Other	2.27	85,358	2.9	128	56.3	41.8	1,042	0.5	53.2	77.6	12.3

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	2.88	63,635	447	973	63.0	17.9	18.3	1.0	59.1	90.4	13.3
A	Minimal risk	2.58	2,049	453	869	49.1	13.6	23.8	0.1	27.8	72.7	5.3
B	Low risk	2.35	10,206	586	769	57.6	11.2	17.2	1.9	51.4	82.5	7.1
C	Moderate risk	2.72	24,258	465	893	53.7	25.7	15.6	1.2	58.5	92.5	12.5
D	Other	3.49	14,574	266	860	76.4	22.8	28.1	0.8	43.4	89.3	13.3

2.	Zero interval	2.95	21,744	388	814	53.4	24.3	35.5	1.2	47.9	89.9	11.5
A	Minimal risk	2.17	1,194	1,890	832	34.8	14.7	20.6	0.1	19.2	86.0	4.9
B	Low risk	2.41	2,694	536	1,007	48.3	7.2	36.4	0.2	65.3	85.4	8.8
C	Moderate risk	2.73	10,429	467	790	45.7	25.5	28.6	1.9	51.5	89.4	11.1
D	Other	3.64	6,417	254	784	71.0	35.3	47.1	0.9	38.3	93.4	14.3

3.	Daily	2.29	4,580	826	1,000	91.6	1.2	12.4	0.1	82.8	99.3	26.5
A	Minimal risk	2.87	53	288	473	91.5	0.8	39.4	0.0	29.5	100.0	9.5
B	Low risk	2.29	475	341	1,358	97.1	0.3	24.4	0.0	46.2	99.7	16.4
C	Moderate risk	2.81	1,019	540	1,054	80.4	2.7	20.1	0.2	69.5	99.7	9.2
D	Other	3.08	744	461	628	77.9	3.1	22.4	0.2	76.2	96.3	24.2

4.	2 to 30 days	2.61	20,375	415	860	81.3	7.5	10.3	0.3	58.5	87.0	15.4
A	Minimal risk	3.29	432	150	535	91.5	2.2	18.3	0.0	5.3	13.2	9.6
B	Low risk	2.31	3,688	504	365	74.3	1.8	11.8	1.2	40.9	73.7	6.8
C	Moderate risk	2.49	6,601	348	881	74.0	10.3	4.5	0.1	61.4	93.5	14.6
D	Other	3.17	5,110	289	956	82.2	13.5	11.6	0.2	43.7	84.9	11.6

5.	31 to 365 days	3.27	10,800	759	1,036	42.4	12.1	5.5	2.0	66.8	94.8	11.4
A	Minimal risk	2.17	140	285	496	23.6	0.0	12.8	0.4	82.4	88.4	9.6
B	Low risk	1.98	2,192	816	407	26.3	16.8	6.2	5.4	41.1	88.9	4.0
C	Moderate risk	3.18	2,927	622	463	54.5	18.3	6.9	2.8	53.9	95.7	21.3
D	Other	3.57	1,240	257	370	66.2	11.0	9.1	0.8	39.3	94.9	13.3
					Months
6.	More than 365 days	3.18	5,891	462	53	50.2	54.4	9.0	1.1	72.4	88.4	5.5
A	Minimal risk	3.51	229	698	45	49.3	40.3	53.9	0.0	81.3	99.5	2.6
B	Low risk	3.07	1,158	1,149	67	69.1	44.6	8.0	1.8	74.3	85.0	5.1
C	Moderate risk	2.71	3,188	985	49	27.4	73.5	2.7	0.1	77.6	95.0	5.5
D	Other	4.33	984	220	55	91.3	21.6	15.6	3.7	58.3	72.8	6.6
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.86	3,519	3.3	171	91.2	7.9	44.0	2.7	15.8	77.9	7.5
8.	100 - 999	3.44	11,617	3.2	120	84.4	14.6	39.3	1.5	21.2	78.7	10.7
9.	1,000 - 9,999	2.83	16,988	3.1	128	59.9	20.8	24.8	1.0	59.0	92.1	13.9
10.	10,000+	2.58	31,511	2.9	180	53.7	18.6	4.1	0.5	78.0	95.1	14.3
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.11	11,632	3.2	64	77.8	4.3	183	1.6	39.1	87.0	11.2
12.	Other	2.60	52,004	3.0	175	59.7	20.9	657	0.8	63.6	91.1	13.7

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	2.77	58,721	553	965	60.9	18.1	15.3	0.9	60.7	91.3	13.9
A	Minimal risk	2.35	1,826	486	845	43.4	10.9	15.9	0.1	24.2	70.2	6.1
B	Low risk	2.23	9,501	642	612	54.9	9.8	15.2	1.9	52.0	82.7	7.3
C	Moderate risk	2.61	22,585	592	905	51.2	27.1	12.9	1.2	60.1	92.7	12.9
D	Other	3.36	12,665	323	852	73.9	23.9	23.3	0.4	44.3	91.2	14.2

2.	Zero interval	2.83	19,611	511	842	49.8	26.2	31.3	1.1	50.0	90.1	11.9
A	Minimal risk	2.03	1,111	2,115	838	30.4	9.6	14.9	0.1	20.1	85.0	5.3
B	Low risk	2.31	2,514	609	1,074	45.5	7.3	32.0	0.2	66.6	84.4	9.0
C	Moderate risk	2.63	9,605	638	822	42.5	27.4	25.2	2.0	53.5	88.7	11.4
D	Other	3.54	5,532	333	792	67.7	39.9	41.7	0.5	40.9	95.4	15.1

3.	Daily	2.14	4,282	1,678	1,042	91.5	1.1	6.9	0.0	84.6	99.6	27.8
A	Minimal risk	2.57	48	287	509	90.6	0.9	32.9	0.0	21.9	100.0	10.5
B	Low risk	2.19	445	397	1,467	97.0	0.0	20.0	0.0	47.9	100.0	17.2
C	Moderate risk	2.60	896	1,134	1,148	79.4	2.7	9.2	0.0	71.8	99.7	9.8
D	Other	2.80	619	2,634	669	74.5	3.1	7.8	0.2	78.6	97.7	26.7

4.	2 to 30 days	2.57	19,685	445	870	81.1	7.1	8.9	0.3	59.5	87.1	15.7
A	Minimal risk	3.29	430	150	533	91.5	2.1	18.4	0.0	5.4	12.6	10.1
B	Low risk	2.30	3,647	535	367	74.3	1.7	11.4	1.2	41.0	73.4	6.9
C	Moderate risk	2.44	6,399	371	888	73.3	10.5	3.3	0.1	62.4	93.9	14.8
D	Other	3.12	4,735	310	995	81.1	12.5	8.6	0.1	44.6	84.0	12.1

5.	31 to 365 days	3.21	10,186	1,122	1,072	40.3	12.6	3.9	1.8	68.5	96.7	11.8
A	Minimal risk	1.71	117	1,332	488	10.9	0.0	0.5	0.5	87.4	98.1	10.4
B	Low risk	1.94	2,137	909	406	24.9	17.2	5.9	5.3	41.2	88.9	4.1
C	Moderate risk	3.05	2,670	1,108	463	51.9	19.6	5.1	2.6	55.6	98.0	22.6
D	Other	3.33	1,046	296	359	62.3	12.6	3.0	0.2	38.1	98.9	14.7
					Months
6.	More than 365 days	2.86	4,720	656	46	38.6	58.9	6.0	0.9	75.1	94.4	6.3
A	Minimal risk	2.47	121	996	46	3.9	68.6	25.2	0.0	68.9	99.7	4.6
B	Low risk	2.55	757	1,997	35	53.1	41.6	1.6	2.8	88.9	93.6	6.8
C	Moderate risk	2.54	2,921	1,878	48	21.0	77.6	1.8	0.1	78.9	96.1	5.8
D	Other	4.16	661	260	47	89.2	11.3	19.1	2.7	53.0	88.1	8.0
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.57	2,593	3.2	143	90.7	9.9	35.5	2.3	10.5	75.0	7.6
8.	100 - 999	3.25	9,266	3.2	77	83.2	16.3	34.8	1.2	18.1	78.5	11.8
9.	1,000 - 9,999	2.75	15,781	3.1	89	58.1	21.5	22.9	1.1	59.8	93.4	14.6
10.	10,000+	2.57	31,080	2.9	166	53.3	17.7	4.0	0.6	78.1	95.4	14.4
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.03	8,992	3.2	50	74.8	3.3	230	1.3	41.5	87.7	12.6
12.	Other	2.54	49,728	3.0	145	58.4	20.8	742	0.8	64.2	92.0	14.1

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	4.18	4,915	135	1,076	88.3	14.9	53.7	2.0	39.6	79.1	5.3
A	Minimal risk	4.43	223	290	1,026	96.1	35.5	88.3	0.0	57.3	93.5	0.4
B	Low risk	3.91	705	268	2,549	93.8	30.6	44.6	1.1	43.9	81.1	3.3
C	Moderate risk	4.14	1,673	119	723	87.1	7.3	52.3	1.7	36.6	88.9	6.3
D	Other	4.34	1,909	122	918	92.7	15.7	59.6	3.0	37.0	76.6	6.2

2.	Zero interval	4.08	2,132	120	546	86.4	7.3	74.8	2.1	28.5	88.0	7.5
A	Minimal risk	4.09	83	778	748	93.6	84.2	97.9	0.0	6.9	100.0	0.4
B	Low risk	3.87	180	201	420	87.3	6.4	98.1	1.3	47.0	100.0	7.1
C	Moderate risk	3.93	823	113	421	83.5	2.3	68.6	1.5	27.2	97.1	8.7
D	Other	4.31	885	102	723	91.2	6.3	81.0	3.3	21.8	80.7	7.7

3.	Daily	4.35	299	100	338	92.8	2.6	91.0	0.8	57.7	94.9	6.7
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	3.93	29	108	241	99.7	4.7	90.4	0.0	19.9	95.1	4.1
C	Moderate risk	4.33	123	112	233	87.6	2.1	98.8	1.7	52.8	100.0	4.9
D	Other	4.45	125	91	425	95.0	3.0	94.7	0.3	64.4	89.0	10.4

4.	2 to 30 days	3.76	690	142	598	87.0	18.0	47.7	0.5	30.1	84.2	5.7
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	3.35	40	82	194	79.3	3.9	49.9	0.0	26.1	100.0	5.0
C	Moderate risk	3.82	202	116	647	94.7	5.5	42.5	0.1	29.7	80.1	7.7
D	Other	3.81	374	156	516	95.8	26.3	49.8	0.8	32.6	96.3	5.2

5.	31 to 365 days	4.37	613	119	418	77.0	3.0	30.9	4.3	38.0	63.7	2.5
A	Minimal risk	4.46	24	59	536	86.0	0.0	73.7	0.0	57.8	41.2	0.0
B	Low risk	3.44	55	163	467	81.8	0.1	20.1	10.1	38.5	89.0	2.9
C	Moderate risk	4.51	256	112	459	82.0	5.4	26.1	5.3	36.8	71.3	2.0
D	Other	4.90	194	150	428	87.2	2.3	41.8	3.8	45.6	73.3	3.3
					Months
6.	More than 365 days	4.47	1,172	211	84	97.1	36.3	21.0	1.8	61.8	64.4	0.5
A	Minimal risk	4.67	108	523	45	100.0	8.6	85.9	0.0	95.1	99.4	0.4
B	Low risk	4.05	401	638	126	99.3	50.2	20.0	0.0	46.7	68.6	0.5
C	Moderate risk	4.57	267	159	60	96.9	28.4	13.0	0.1	62.9	82.3	0.7
D	Other	4.69	323	168	74	95.5	42.8	8.4	5.7	69.1	41.5	0.6
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	4.67	925	3.4	245	92.5	2.5	68.1	3.6	30.6	86.1	7.3
8.	100 - 999	4.23	2,351	3.3	290	89.1	8.2	57.3	2.7	33.2	79.6	6.6
9.	1,000 - 9,999	3.89	1,207	3.0	624	84.0	11.7	49.1	0.0	47.7	74.5	2.8
10.	10,000+	...	...	...	...	...	...	...	...	...	...	...
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.39	2,639	3.2	114	88.2	7.7	109	2.6	31.2	84.8	6.2
12.	Other	3.93	2,275	3.2	826	88.4	23.2	188	1.2	49.3	72.4	4.1

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	1.83	34,267	9,822	382	51.2	73.6	2.7	0.0	38.1	57.6	9.4
A	Minimal risk	2.11	952	7,604	601	56.1	50.5	0.0	0.0	93.4	97.9	5.1
B	Low risk	2.38	11,031	12,952	320	59.7	77.1	2.0	0.0	50.7	75.4	3.8
C	Moderate risk	1.19	14,394	16,053	397	48.5	86.2	1.5	0.0	24.4	38.2	12.7
D	Other	2.18	7,045	4,777	324	43.1	43.2	6.4	0.0	31.4	58.6	13.4

2.	Zero interval	4.19	342	911	1,085	47.9	0.3	87.8	0.0	34.0	100.0	27.5
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	2.31	34	1,475	737	5.7	0.0	56.6	0.0	56.6	100.0	16.4
C	Moderate risk	3.68	110	1,018	1,238	25.1	0.9	85.6	0.0	38.2	100.0	27.5
D	Other	4.80	198	810	1,061	67.7	0.0	94.3	0.0	27.8	100.0	29.4

3.	Daily	0.90	13,771	26,834	24	59.3	72.0	0.1	0.0	2.8	10.2	9.5
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	0.88	2,814	23,183	38	70.0	54.2	0.0	0.0	0.6	16.7	5.3
C	Moderate risk	0.75	8,516	59,191	13	57.1	92.5	0.0	0.0	0.5	5.7	9.9
D	Other	1.46	2,441	9,845	43	54.7	21.0	0.2	0.0	13.3	18.4	13.4

4.	2 to 30 days	1.71	11,895	8,264	631	31.1	74.3	1.6	0.0	48.6	85.0	9.8
A	Minimal risk	2.09	847	13,315	606	56.8	56.8	0.0	0.0	97.8	100.0	4.5
B	Low risk	1.42	4,225	8,772	515	23.5	81.4	1.8	0.0	40.6	92.8	6.4
C	Moderate risk	1.74	3,792	12,301	945	33.1	79.8	0.0	0.0	61.5	83.2	13.5
D	Other	1.98	2,988	5,311	386	32.4	63.1	3.3	0.0	29.0	71.8	12.5

5.	31 to 365 days	3.46	6,803	9,092	461	68.0	78.5	0.3	0.0	78.0	94.2	5.1
A	Minimal risk	1.67	74	1,600	242	39.1	0.0	0.0	0.0	40.5	73.0	0.0
B	Low risk	4.49	3,801	22,163	269	91.7	89.7	0.0	0.0	96.8	98.3	0.6
C	Moderate risk	1.70	1,827	6,741	924	40.1	76.5	0.8	0.0	52.1	87.9	11.1
D	Other	3.04	1,034	4,306	324	36.4	46.5	0.0	0.0	56.3	91.7	12.1
					Months
6.	More than 365 days	3.41	1,456	3,530	41	60.2	77.9	27.3	0.0	100.0	100.0	20.6
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	3.84	157	2,902	45	88.8	80.5	80.5	0.0	100.0	100.0	8.9
C	Moderate risk	4.21	149	2,270	45	63.0	73.0	72.6	0.0	100.0	100.0	9.7
D	Other	4.75	383	2,138	41	58.1	42.8	42.8	0.0	100.0	100.0	13.6
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.08	17	2.9	155	63.7	9.3	21.5	0.0	32.6	73.1	16.9
8.	100 - 999	3.27	457	3.3	216	56.0	36.8	33.2	0.0	61.1	86.5	19.8
9.	1,000 - 9,999	2.41	5,218	3.2	167	48.1	51.6	12.5	0.0	50.7	79.1	15.2
10.	10,000+	1.70	28,575	2.8	50	51.6	78.3	0.4	0.0	35.4	53.1	7.5
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.53	913	3.3	606	62.1	45.2	1,386	0.0	78.5	99.6	20.8
12.	Other	1.76	33,354	2.8	55	50.9	74.4	11,786	0.0	37.0	56.4	8.8

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	2.45	38,693	722	2.8	117	56.7	44.6	8.3	1.2	36.3
A	Not under commitment	1.56	20,675	707	3.0	66	62.8	53.8	7.3	1.2	9.1
B	Informal commitment	3.22	1,656	111	3.2	377	68.0	32.3	33.1	0.5	22.9
C	Formal commitment	3.50	16,361	1,734	2.5	157	47.9	34.2	7.1	1.3	71.9
2.	Before survey week 11
A	Up to 90 days	2.53	12,881	729	3.0	265	40.2	49.6	11.9	0.3	60.3
B	91 to 365 days	2.47	21,525	395	3.0	92	60.0	36.5	20.0	0.3	50.8
C	More than 365 days	2.63	24,803	1,227	3.3	93	71.0	20.6	14.1	0.1	72.3

Domestic banks
3.	During survey week	3.34	17,772	340	2.8	226	54.6	11.6	18.0	2.7	47.3
A	Not under commitment	3.28	6,132	215	2.8	214	71.0	12.8	24.6	4.2	27.6
B	Informal commitment	4.15	1,188	80	3.4	519	93.7	9.2	46.0	0.7	31.0
C	Formal commitment	3.29	10,452	1,168	2.6	203	40.5	11.3	11.0	2.0	60.7
4.	Before survey week 11
A	Up to 90 days	2.82	9,099	527	3.0	351	52.3	32.5	15.6	0.5	65.3
B	91 to 365 days	2.71	16,231	301	3.1	89	66.1	21.9	24.9	0.4	51.7
C	More than 365 days	2.63	20,533	1,085	3.3	58	72.7	13.6	14.5	0.1	72.4

Large domestic banks
5.	During survey week	3.17	15,191	415	2.7	142	48.9	10.1	13.4	3.0	48.0
A	Not under commitment	3.05	5,104	222	2.7	111	69.2	12.7	21.7	5.0	26.1
B	Informal commitment	4.26	622	62	3.7	626	94.5	0.0	33.6	0.0	12.3
C	Formal commitment	3.16	9,465	2,684	2.6	133	35.0	9.4	7.5	2.0	62.2
6.	Before survey week 11
A	Up to 90 days	2.71	8,290	666	3.0	355	48.5	33.9	12.1	0.2	66.6
B	91 to 365 days	2.61	15,061	364	3.1	91	64.3	23.3	21.4	0.1	53.9
C	More than 365 days	2.61	20,179	1,284	3.3	59	72.6	13.8	13.5	0.1	73.0

Small domestic banks
7.	During survey week	4.34	2,581	164	3.1	719	87.8	20.7	45.3	1.0	43.1
A	Not under commitment	4.40	1,028	189	3.4	731	79.9	13.4	39.0	0.1	35.3
B	Informal commitment	4.03	566	117	3.0	423	92.9	19.3	59.8	1.5	51.7
C	Formal commitment	4.46	987	182	2.8	878	93.0	29.1	43.7	1.7	46.4
8.	Before survey week 11
A	Up to 90 days	3.91	809	168	3.2	307	91.2	17.8	51.5	3.1	51.2
B	91 to 365 days	4.03	1,170	93	3.5	62	89.5	3.7	69.1	3.8	24.0
C	More than 365 days	4.08	354	110	3.4	23	81.5	2.5	68.7	0.2	38.7

Foreign banks
9.	During survey week	1.69	20,921	16,459	2.8	25	58.6	72.6	0.1	0.0	26.9
A	Not under commitment	0.84	14,543	19,419	3.0	3	59.4	71.1	0.0	0.0	1.3
B	Informal commitment	0.85	468	12,142	2.9	51	2.6	91.0	0.2	0.0	2.3
C	Formal commitment	3.87	5,910	12,219	2.3	74	61.0	74.8	0.3	0.0	91.8
10.	Before survey week 11
A	Up to 90 days	1.83	3,783	9,131	3.0	60	10.9	90.7	2.9	0.0	48.3
B	91 to 365 days	1.73	5,294	10,328	2.6	100	41.4	81.3	4.9	0.0	47.9
C	More than 365 days	2.63	4,270	3,308	3.3	263	62.7	54.1	12.2	0.0	71.8

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	3.40	608	173	2.9	202	64.0	24.6	30.9	77.3
2.	Domestic banks	3.40	608	173	2.9	202	64.0	24.6	30.9	77.3
3.	Large domestic banks	3.06	512	221	2.7	126	58.9	25.9	23.4	80.0
4.	Small domestic banks	5.23	96	80	3.6	603	90.7	17.7	70.7	62.9
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	2.89	50,659	1,756	2.9	181	61.4	33.2	10.4	0.9
2.	Domestic banks	2.82	37,606	1,387	3.0	185	62.3	17.3	12.1	1.3
3.	Large domestic banks	2.74	35,662	2,337	3.0	155	60.7	16.9	10.5	1.1
4.	Small domestic banks	4.24	1,944	164	3.1	723	92.1	23.4	42.3	3.1
5.	Foreign banks	3.10	13,052	7,485	2.6	172	58.8	78.9	5.5	0.0

Summary statistics		All commercial banks	Domestic banks	Large domestic banks	Small domestic banks	Foreign banks
1.	Average reported prime rate	3.55	3.57	3.54	3.67	3.36
2.	Standard error of loan rate	.24	.12	.14	.09	.53

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, 2016 , 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 11.3 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.