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Survey of Terms of Business Lending - E.2

Release Date: October 5, 2016

E.2 Survey of Terms of Business Lending
AUGUST 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	2.39	117,151	850	727	68.5	30.3	11.8	0.2	52.3	84.3	14.6
A	Minimal risk	2.08	2,027	405	579	63.5	27.7	15.0	0.0	33.5	75.2	13.5
B	Low risk	1.73	25,490	1,658	510	52.2	32.4	7.6	0.0	37.7	81.1	14.1
C	Moderate risk	2.27	39,318	813	737	60.8	43.1	13.7	0.2	45.3	77.6	13.4
D	Other	3.36	25,735	477	566	74.4	33.4	20.4	0.7	40.8	84.0	11.9

2.	Zero interval	3.14	20,963	404	853	62.9	28.7	45.9	0.4	44.8	95.3	12.6
A	Minimal risk	1.34	678	1,142	331	58.3	45.4	14.6	0.1	27.3	92.4	20.5
B	Low risk	2.67	2,480	587	840	59.2	14.4	47.5	0.1	55.3	86.1	14.6
C	Moderate risk	3.02	9,841	475	983	53.7	30.1	42.8	0.2	48.7	96.5	11.1
D	Other	3.67	7,124	298	744	77.4	33.4	54.3	0.9	34.8	96.7	13.4

3.	Daily	1.33	18,910	3,079	262	76.8	50.8	3.2	0.0	25.1	38.2	19.2
A	Minimal risk	2.67	94	364	1,015	65.9	0.5	46.0	0.0	3.9	100.0	10.8
B	Low risk	1.10	4,219	2,550	125	81.7	43.8	3.4	0.0	12.5	33.2	15.7
C	Moderate risk	1.08	9,739	5,303	208	71.4	74.4	1.7	0.0	16.5	26.5	21.5
D	Other	1.93	2,735	1,689	171	73.4	17.4	6.7	0.0	22.3	37.9	25.8

4.	2 to 30 days	2.13	31,033	828	671	62.5	31.5	5.4	0.1	50.6	88.8	16.1
A	Minimal risk	2.49	413	207	460	62.4	24.6	17.9	0.0	18.8	50.6	7.3
B	Low risk	1.52	8,446	1,516	378	37.1	55.1	3.1	0.0	28.4	86.8	12.0
C	Moderate risk	2.16	7,671	602	610	50.9	36.5	5.2	0.1	47.9	91.3	15.5
D	Other	2.61	6,802	452	477	67.1	29.9	8.8	0.1	30.3	78.3	11.5

5.	31 to 365 days	2.53	40,856	1,606	805	71.4	18.8	1.9	0.1	67.5	96.1	14.1
A	Minimal risk	2.30	702	377	759	63.0	13.8	6.1	0.0	46.6	65.9	8.5
B	Low risk	1.86	9,674	3,084	646	49.4	11.4	0.9	0.0	50.2	94.8	15.7
C	Moderate risk	2.55	10,146	1,119	941	65.9	28.8	1.9	0.2	61.7	96.9	13.2
D	Other	4.07	7,681	997	400	76.2	43.4	3.6	0.1	59.0	94.0	9.5
					Months
6.	More than 365 days	3.55	5,128	427	54	72.2	48.1	20.3	2.5	75.9	87.6	11.2
A	Minimal risk	3.00	139	482	34	93.1	39.4	31.9	0.0	61.9	94.5	9.5
B	Low risk	3.26	667	859	49	71.5	45.4	38.6	0.2	67.1	93.7	8.7
C	Moderate risk	3.46	1,825	631	58	55.0	56.4	20.1	1.7	80.7	83.3	5.7
D	Other	4.30	1,292	287	61	85.7	28.0	23.6	7.6	62.2	82.5	8.2
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.89	3,241	3.3	176	92.8	5.1	43.7	1.9	15.7	78.4	8.9
8.	100 - 999	3.43	11,417	3.2	123	85.6	13.3	40.4	0.8	22.7	81.4	11.3
9.	1,000 - 9,999	2.71	24,461	3.1	137	64.9	26.8	20.8	0.5	55.9	89.8	15.8
10.	10,000+	2.07	78,032	2.9	68	66.1	34.9	3.5	0.0	57.1	83.2	14.9
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.13	13,824	3.3	111	77.0	7.4	231	0.8	40.8	90.7	12.7
12.	Other	2.15	103,327	3.0	88	67.3	33.4	1,324	0.2	53.9	83.4	14.9

2. Commercial and industrial loans made by domestic banks 1

Maturity/repricing interval 2 and risk 3 of loans		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average maturity 5	Percent of value of loans					Commitment status
Maturity/repricing interval 2 and risk 3 of loans		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average maturity 5	Secured by collateral	Subject to prepayment penalty	Prime based	SBA backed 6	Made under participation or syndication 7	Percent made under commitment	Average months since loan terms set 8
					Days
1.	All C&I loans	2.61	82,134	612	885	74.5	13.0	14.7	0.3	59.9	94.4	16.2
A	Minimal risk	2.16	1,669	343	601	67.0	24.7	15.7	0.1	27.9	73.8	14.7
B	Low risk	2.11	15,580	1,071	648	53.3	7.5	10.1	0.1	44.0	92.1	17.9
C	Moderate risk	2.76	25,112	530	927	65.5	21.3	18.6	0.3	54.7	95.4	14.2
D	Other	3.46	16,139	307	749	82.1	21.3	29.0	1.1	39.7	90.1	14.0

2.	Zero interval	3.09	20,070	390	799	62.6	30.0	44.0	0.4	45.4	95.1	12.3
A	Minimal risk	1.34	671	1,144	332	57.8	45.9	14.7	0.1	27.3	92.3	20.8
B	Low risk	2.59	2,325	553	822	57.4	15.4	44.3	0.2	58.3	85.2	15.6
C	Moderate risk	2.99	9,418	457	887	52.7	31.5	41.0	0.2	49.4	96.3	10.8
D	Other	3.61	6,821	288	725	78.3	34.9	52.7	0.9	34.9	96.6	12.9

3.	Daily	2.35	5,401	960	916	92.6	1.7	11.2	0.0	75.4	99.4	22.1
A	Minimal risk	2.79	87	338	1,190	63.1	0.5	49.9	0.0	4.3	100.0	11.7
B	Low risk	2.16	732	478	775	94.8	0.7	19.6	0.1	51.1	100.0	24.5
C	Moderate risk	2.17	1,714	1,027	1,163	84.7	1.8	9.6	0.0	70.7	99.9	24.6
D	Other	3.56	757	543	598	99.0	3.5	24.0	0.0	65.9	98.1	32.4

4.	2 to 30 days	2.51	19,592	541	835	81.7	7.1	7.8	0.1	59.5	91.2	20.0
A	Minimal risk	3.33	259	132	700	92.3	1.1	28.6	0.0	9.6	21.1	6.9
B	Low risk	2.24	3,397	656	393	50.8	7.6	7.8	0.0	23.3	84.2	22.7
C	Moderate risk	2.50	4,521	365	617	70.3	9.9	7.5	0.1	41.9	93.8	16.6
D	Other	3.04	3,772	258	666	88.1	13.6	13.9	0.2	40.4	81.9	12.3

5.	31 to 365 days	2.32	33,276	1,358	851	74.5	6.3	2.0	0.1	66.4	96.4	16.3
A	Minimal risk	2.48	582	326	888	63.5	15.1	7.3	0.0	40.8	70.0	9.2
B	Low risk	1.88	8,693	2,985	648	49.4	5.1	0.9	0.1	47.5	96.5	16.7
C	Moderate risk	2.64	7,831	892	903	75.9	14.5	2.4	0.2	61.2	97.1	16.1
D	Other	3.40	3,682	499	503	75.6	8.7	5.4	0.2	40.2	88.7	15.7
					Months
6.	More than 365 days	3.57	3,533	304	60	72.9	30.9	10.2	3.7	65.0	82.0	6.4
A	Minimal risk	2.38	70	265	28	94.2	18.8	3.9	0.0	24.5	89.2	1.3
B	Low risk	2.91	429	597	50	58.8	25.8	12.9	0.3	48.8	90.1	9.0
C	Moderate risk	3.34	1,532	539	61	53.4	49.4	6.2	2.0	77.0	80.1	5.4
D	Other	4.14	1,007	231	68	94.6	19.9	14.1	9.8	51.5	77.5	4.8
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.89	3,227	3.3	176	93.0	5.1	43.7	1.9	15.6	78.4	8.8
8.	100 - 999	3.45	10,948	3.2	120	87.1	12.4	41.0	0.9	21.0	81.3	10.9
9.	1,000 - 9,999	2.81	19,156	3.1	133	68.7	19.8	23.3	0.6	56.3	94.0	15.9
10.	10,000+	2.27	48,804	2.8	75	72.7	11.0	3.6	0.0	73.1	98.6	17.7
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.11	12,109	3.3	54	77.9	2.1	205	0.9	37.0	89.4	12.3
12.	Other	2.35	70,025	2.9	106	73.9	14.9	931	0.2	63.9	95.3	16.8

3. Commercial and industrial loans made by large domestic banks 1

Maturity/repricing interval 2 and risk 3 of loans		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average maturity 5	Percent of value of loans					Commitment status
Maturity/repricing interval 2 and risk 3 of loans		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average maturity 5	Secured by collateral	Subject to prepayment penalty	Prime based	SBA backed 6	Made under participation or syndication 7	Percent made under commitment	Average months since loan terms set 8
					Days
1.	All C&I loans	2.53	76,799	763	888	73.8	13.5	12.3	0.1	61.8	95.3	16.9
A	Minimal risk	2.08	1,519	416	622	64.6	27.0	13.4	0.1	26.0	76.1	15.6
B	Low risk	2.07	15,089	1,236	656	53.4	7.6	9.1	0.1	44.0	92.1	18.2
C	Moderate risk	2.65	23,157	670	934	63.4	22.6	15.7	0.0	56.4	96.3	15.0
D	Other	3.39	13,642	357	709	81.2	23.9	24.7	0.2	41.9	92.2	15.5

2.	Zero interval	2.96	17,766	511	846	59.4	33.8	39.4	0.2	48.1	95.4	13.2
A	Minimal risk	1.31	666	1,271	331	57.7	46.3	14.3	0.1	27.5	92.2	20.9
B	Low risk	2.51	2,143	607	873	58.8	16.7	43.9	0.1	57.9	83.9	15.8
C	Moderate risk	2.88	8,454	609	934	49.0	35.0	36.2	0.0	53.0	96.2	11.6
D	Other	3.47	5,779	378	776	75.1	41.1	46.4	0.4	38.0	98.4	14.1

3.	Daily	2.21	5,056	1,971	950	92.6	1.4	7.1	0.0	77.9	99.9	23.1
A	Minimal risk	2.75	83	379	1,266	62.9	0.5	47.6	0.0	0.0	100.0	12.2
B	Low risk	2.01	681	633	808	94.5	0.7	13.8	0.1	52.3	100.0	25.6
C	Moderate risk	2.02	1,577	2,032	1,231	83.6	1.8	5.2	0.0	72.8	99.9	26.6
D	Other	3.34	629	2,729	622	99.0	1.5	11.4	0.0	72.6	99.4	37.1

4.	2 to 30 days	2.48	18,912	574	854	82.2	7.3	6.8	0.1	60.8	91.2	20.6
A	Minimal risk	3.34	248	131	648	92.0	0.5	27.5	0.0	8.0	17.8	8.5
B	Low risk	2.24	3,302	696	399	50.9	7.8	7.1	0.0	22.4	83.8	23.2
C	Moderate risk	2.46	4,376	387	626	69.5	10.2	6.6	0.1	42.2	93.8	17.0
D	Other	3.05	3,355	258	717	91.1	15.3	10.8	0.1	43.5	80.6	13.7

5.	31 to 365 days	2.28	32,255	1,743	860	74.5	6.4	1.2	0.0	67.5	97.3	16.6
A	Minimal risk	2.40	464	509	1,098	55.5	18.8	0.0	0.0	38.4	77.0	10.4
B	Low risk	1.87	8,575	3,484	655	49.7	5.1	0.6	0.0	47.9	96.7	16.9
C	Moderate risk	2.58	7,542	1,232	917	75.5	14.7	1.3	0.0	62.4	97.4	16.6
D	Other	3.43	3,235	537	457	76.0	9.8	3.4	0.1	42.1	92.6	16.9
					Months
6.	More than 365 days	3.32	2,552	361	53	63.5	33.5	11.8	0.1	65.4	92.1	7.8
A	Minimal risk	1.90	58	594	24	100.0	22.7	0.0	0.0	24.6	99.6	1.4
B	Low risk	2.75	385	996	48	54.2	23.3	12.9	0.3	50.9	90.7	9.8
C	Moderate risk	2.95	1,111	824	59	36.7	62.1	6.7	0.1	78.3	93.0	6.3
D	Other	4.31	544	212	48	91.3	9.4	21.3	0.1	43.8	89.6	7.6
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.62	2,376	3.3	153	93.8	6.2	34.8	1.1	11.1	76.2	10.0
8.	100 - 999	3.28	8,764	3.2	87	86.5	14.3	35.6	0.3	19.4	80.4	12.5
9.	1,000 - 9,999	2.73	17,388	3.1	79	67.1	20.8	21.7	0.0	57.9	95.4	17.0
10.	10,000+	2.26	48,270	2.8	71	72.9	11.1	3.6	0.0	73.4	98.9	17.8
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.04	9,467	3.3	57	74.3	2.4	259	0.4	41.4	89.9	14.2
12.	Other	2.31	67,332	2.9	80	73.7	15.1	1,051	0.0	64.6	96.1	17.3

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	3.88	5,336	158	840	84.3	5.7	49.5	4.0	33.8	81.0	4.1
A	Minimal risk	3.01	150	124	437	91.5	1.6	38.8	0.0	47.5	50.1	1.5
B	Low risk	3.21	491	209	404	51.0	4.8	41.7	0.4	45.8	93.6	8.7
C	Moderate risk	4.07	1,955	152	827	90.0	5.1	53.0	3.4	34.1	84.9	3.0
D	Other	3.87	2,497	175	973	87.0	7.1	52.4	5.9	27.6	78.9	4.0

2.	Zero interval	4.11	2,304	137	375	87.0	0.4	79.2	2.5	24.6	92.6	5.3
A	Minimal risk	4.01	5	87	761	71.9	0.0	61.6	0.0	4.0	100.0	9.9
B	Low risk	3.52	182	270	179	40.7	0.0	48.7	0.3	63.5	99.5	13.7
C	Moderate risk	3.97	963	143	386	85.4	0.1	83.0	2.0	17.1	97.0	3.7
D	Other	4.39	1,042	125	382	95.9	0.7	87.9	3.7	17.7	86.5	5.4

3.	Daily	4.33	345	113	429	92.9	5.7	71.3	0.0	38.6	91.7	5.5
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	4.15	51	112	361	99.6	0.0	96.2	0.0	34.6	100.0	10.1
C	Moderate risk	3.90	138	154	402	98.0	1.8	60.2	0.0	46.3	100.0	2.3
D	Other	4.69	127	110	483	99.0	13.5	86.3	0.0	32.9	92.2	7.8

4.	2 to 30 days	3.09	680	208	290	67.8	1.0	37.2	1.0	25.5	92.7	4.0
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	2.53	96	221	203	46.5	2.4	31.6	0.0	55.1	98.6	7.4
C	Moderate risk	3.72	144	136	327	95.0	1.7	33.9	1.0	32.8	93.6	4.5
D	Other	2.98	417	260	288	63.6	0.0	39.3	1.3	15.2	92.6	3.1

5.	31 to 365 days	3.44	1,022	170	564	73.7	3.3	25.2	2.3	29.7	67.9	2.5
A	Minimal risk	2.77	118	135	290	95.0	0.7	36.1	0.0	50.3	42.7	1.0
B	Low risk	2.42	118	262	134	31.8	0.3	25.8	1.1	21.6	80.7	2.4
C	Moderate risk	4.24	289	109	505	88.1	9.4	29.4	5.8	28.2	89.8	2.2
D	Other	3.21	446	330	822	72.6	1.1	20.3	1.2	26.8	60.7	3.0
					Months
6.	More than 365 days	4.19	982	216	79	97.6	24.0	6.0	13.0	63.9	55.7	0.4
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	4.39	43	131	71	99.2	47.8	12.8	0.0	30.1	84.9	1.6
C	Moderate risk	4.36	420	281	66	97.7	15.8	4.7	7.0	73.6	45.9	0.6
D	Other	3.93	463	258	93	98.4	32.1	5.7	21.2	60.4	63.3	0.1
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	4.65	851	3.4	235	90.7	2.0	68.7	4.1	28.3	84.5	5.9
8.	100 - 999	4.12	2,183	3.3	252	89.6	4.7	62.6	3.2	27.7	84.9	5.2
9.	1,000 - 9,999	3.57	1,767	3.4	671	83.8	10.4	39.1	6.3	40.6	79.5	2.2
10.	10,000+	...	...	...	...	...	...	...	...	...	...	...
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.37	2,642	3.4	45	90.9	1.2	117	2.7	21.4	87.7	5.3
12.	Other	3.40	2,693	3.3	762	77.9	10.1	242	5.3	46.0	74.5	2.7

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	1.86	35,017	9,953	382	54.4	70.9	4.9	0.0	34.5	60.5	8.7
A	Minimal risk	1.71	358	2,543	503	47.4	41.7	11.6	0.0	59.7	81.9	8.5
B	Low risk	1.15	9,910	12,048	314	50.5	71.6	3.6	0.0	27.7	63.7	5.3
C	Moderate risk	1.41	14,206	14,748	429	52.6	81.8	5.0	0.0	28.8	46.3	10.5
D	Other	3.18	9,596	6,735	288	61.4	53.6	6.0	0.0	42.6	73.7	7.7

2.	Zero interval	4.10	893	2,296	1,890	71.6	0.0	87.5	0.0	30.5	100.0	17.0
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	3.90	155	6,422	1,039	85.6	0.0	95.9	0.0	10.3	100.0	2.0
C	Moderate risk	3.67	423	4,231	2,779	75.3	0.0	84.7	0.0	34.4	100.0	17.7
D	Other	4.88	303	1,203	1,133	58.7	0.0	89.7	0.0	34.1	100.0	23.6

3.	Daily	0.92	13,509	26,030	29	70.5	70.4	0.1	0.0	5.0	13.7	10.9
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	0.87	3,487	28,685	38	79.0	52.9	0.0	0.0	4.4	19.2	6.0
C	Moderate risk	0.85	8,025	48,164	27	68.6	89.9	0.1	0.0	4.9	10.9	15.5
D	Other	1.31	1,979	8,713	18	63.6	22.7	0.1	0.0	5.6	14.9	9.0

4.	2 to 30 days	1.49	11,441	9,026	412	29.6	73.2	1.1	0.0	35.3	84.6	8.9
A	Minimal risk	1.08	154	4,899	382	12.3	63.9	0.0	0.0	34.1	100.0	7.5
B	Low risk	1.03	5,049	12,864	369	27.9	87.0	0.0	0.0	31.8	88.5	5.2
C	Moderate risk	1.66	3,151	8,757	601	23.0	74.7	1.9	0.0	56.6	87.7	13.7
D	Other	2.08	3,030	6,461	274	40.9	50.2	2.3	0.0	17.8	73.7	10.3

5.	31 to 365 days	3.47	7,579	8,022	610	57.5	73.7	1.6	0.0	72.7	94.7	4.2
A	Minimal risk	1.45	120	1,586	281	60.5	7.6	0.0	0.0	74.9	46.1	3.0
B	Low risk	1.63	981	4,356	628	49.0	67.6	0.3	0.0	74.5	79.6	5.0
C	Moderate risk	2.27	2,315	8,016	1,070	31.9	76.9	0.5	0.0	63.5	96.1	3.5
D	Other	4.68	3,999	12,298	314	76.7	75.3	1.9	0.0	76.3	98.8	4.3
					Months
6.	More than 365 days	3.51	1,595	4,008	40	70.4	86.2	42.6	0.0	100.0	100.0	19.9
A	Minimal risk	3.63	69	2,864	41	91.9	60.4	60.4	0.0	100.0	100.0	16.9
B	Low risk	3.87	239	4,029	47	94.4	80.7	84.7	0.0	100.0	100.0	8.3
C	Moderate risk	4.09	293	6,083	40	63.2	93.2	93.2	0.0	100.0	100.0	7.1
D	Other	4.87	285	1,880	35	54.6	56.9	56.9	0.0	100.0	100.0	17.7
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.49	14	3.0	166	53.2	13.5	29.9	0.0	36.2	83.9	15.3
8.	100 - 999	3.02	470	3.1	184	49.4	33.9	27.1	0.0	61.2	82.3	18.4
9.	1,000 - 9,999	2.38	5,305	3.2	149	51.1	52.3	11.7	0.0	54.4	74.9	15.7
10.	10,000+	1.74	29,228	3.0	57	55.0	75.0	3.3	0.0	30.5	57.6	6.8
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.28	1,715	3.1	510	70.6	44.9	2,685	0.0	67.8	99.2	15.5
12.	Other	1.73	33,302	3.0	50	53.5	72.3	11,566	0.0	32.8	58.5	8.1

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	2.31	37,718	840	3.1	96	72.4	46.3	9.2	0.2	35.5
A	Not under commitment	1.56	18,422	709	2.9	74	78.9	51.0	7.0	0.0	6.0
B	Informal commitment	3.14	991	168	3.3	368	76.7	21.5	29.6	2.0	29.9
C	Formal commitment	3.02	18,305	1,404	3.3	104	65.7	43.0	10.2	0.3	65.4
2.	Before survey week 11
A	Up to 90 days	2.51	14,613	543	2.9	132	50.2	45.3	16.0	0.9	51.9
B	91 to 365 days	2.40	24,138	633	2.9	98	66.8	22.9	14.8	0.2	56.8
C	More than 365 days	2.41	40,682	1,460	3.0	66	72.4	14.5	11.0	0.0	65.5

Domestic banks
3.	During survey week	2.99	16,528	380	3.1	185	76.7	15.0	18.1	0.5	47.7
A	Not under commitment	3.55	4,602	183	2.9	285	86.9	7.2	27.8	0.1	16.3
B	Informal commitment	3.58	832	142	3.4	436	91.0	7.1	35.2	2.3	35.6
C	Formal commitment	2.71	11,095	888	3.2	124	71.4	18.8	12.9	0.5	61.6
4.	Before survey week 11
A	Up to 90 days	3.08	9,285	350	3.0	193	70.9	18.8	23.9	1.5	56.2
B	91 to 365 days	2.51	20,562	545	2.9	83	72.8	12.7	15.6	0.2	60.6
C	More than 365 days	2.38	35,759	1,345	3.0	43	75.4	10.7	10.3	0.0	66.2

Large domestic banks
5.	During survey week	2.81	13,742	480	3.1	119	76.1	16.7	14.0	0.1	50.7
A	Not under commitment	3.32	3,589	179	2.8	145	86.4	7.0	26.6	0.1	8.9
B	Informal commitment	2.64	248	173	3.6	30	99.4	0.0	2.6	1.2	27.9
C	Formal commitment	2.63	9,905	1,389	3.2	111	71.7	20.6	9.7	0.1	66.4
6.	Before survey week 11
A	Up to 90 days	2.96	8,186	409	3.0	131	67.8	19.9	18.9	0.2	59.1
B	91 to 365 days	2.43	19,418	696	2.9	86	71.8	13.5	12.9	0.1	62.1
C	More than 365 days	2.37	35,453	1,471	3.0	43	75.4	10.8	9.9	0.0	66.5

Small domestic banks
7.	During survey week	3.86	2,786	187	3.4	510	79.9	6.6	38.5	2.2	32.9
A	Not under commitment	4.37	1,012	198	3.4	779	88.8	8.0	32.1	0.4	42.7
B	Informal commitment	3.98	584	133	3.3	609	87.5	10.1	48.9	2.8	38.8
C	Formal commitment	3.36	1,189	222	3.4	232	68.6	3.7	38.7	3.4	21.7
8.	Before survey week 11
A	Up to 90 days	3.95	1,099	169	3.5	652	93.6	10.6	60.8	11.2	34.4
B	91 to 365 days	3.98	1,144	117	3.4	23	89.5	0.3	63.1	2.7	35.0
C	More than 365 days	3.49	306	123	3.1	27	72.2	0.2	58.7	0.1	35.7

Foreign banks
9.	During survey week	1.78	21,190	15,255	3.1	28	69.1	70.8	2.2	0.0	26.0
A	Not under commitment	0.89	13,821	17,268	2.9	5	76.2	65.6	0.1	0.0	2.6
B	Informal commitment	0.86	159	3,737	2.9	13	1.7	96.6	0.6	0.0	0.0
C	Formal commitment	3.50	7,210	13,202	3.4	72	57.0	80.3	6.2	0.0	71.4
10.	Before survey week 11
A	Up to 90 days	1.52	5,328	13,083	2.7	25	14.0	91.5	2.2	0.0	44.5
B	91 to 365 days	1.75	3,576	7,916	2.5	187	32.3	81.5	9.7	0.0	34.7
C	More than 365 days	2.63	4,923	3,876	3.3	234	50.6	41.6	16.1	0.0	60.4

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	4.17	270	107	3.6	1,671	91.6	40.9	40.3	55.1
2.	Domestic banks	4.17	270	107	3.6	1,671	91.6	40.9	40.3	55.1
3.	Large domestic banks	5.63	55	55	3.4	146	76.0	16.6	67.8	0.0
4.	Small domestic banks	3.80	215	141	3.7	2,057	95.6	47.1	33.4	69.1
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	2.58	61,322	2,293	3.0	125	78.1	24.6	9.2	0.2
2.	Domestic banks	2.47	49,237	1,974	3.0	107	83.6	11.4	9.1	0.3
3.	Large domestic banks	2.41	47,432	3,075	3.0	80	83.4	11.6	8.3	0.0
4.	Small domestic banks	4.06	1,805	190	3.2	810	89.1	7.0	31.3	8.2
5.	Foreign banks	3.05	12,085	6,695	3.1	196	55.9	78.5	9.6	0.0

Summary statistics		All commercial banks	Domestic banks	Large domestic banks	Small domestic banks	Foreign banks
1.	Average reported prime rate	3.53	3.56	3.53	3.66	3.31
2.	Standard error of loan rate	.30	.17	.16	.25	.54

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 June 30, 2016 , assets of the large banks were at least $5.4 billion. Median total assets for all insured banks were roughly $188 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 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.