Home > Economic Research & Data > Statistical Releases and Historical Data

Survey of Terms of Business Lending - E.2

Release Date: January 9, 2014

E.2 Survey of Terms of Business Lending
NOVEMBER 4-8, 2013

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	2.25	85,268	620	744	40.9	28.5	17.0	0.2	44.9	81.2	13.4
A	Minimal risk	1.74	1,327	539	602	41.4	22.9	12.7	0.0	35.6	92.9	8.2
B	Low risk	1.64	18,447	1,218	550	37.3	35.0	9.2	0.2	30.1	78.0	12.9
C	Moderate risk	2.25	38,701	588	872	34.6	21.1	18.9	0.3	58.2	87.9	15.6
D	Other	2.46	24,289	497	556	55.2	36.8	20.6	0.2	37.4	70.5	10.8

2.	Zero interval	3.15	16,059	320	780	63.1	23.3	54.6	0.3	40.5	95.2	11.3
A	Minimal risk	1.57	441	806	571	32.8	9.5	22.6	0.0	34.2	88.5	10.2
B	Low risk	2.53	1,896	435	829	65.8	19.1	42.5	0.0	36.6	88.2	13.0
C	Moderate risk	3.07	8,407	369	835	55.3	22.8	55.2	0.3	45.0	95.1	11.6
D	Other	3.58	5,044	257	686	76.8	28.1	59.5	0.2	35.9	98.9	10.6

3.	Daily	1.50	24,738	1,384	415	39.4	36.3	10.2	0.1	29.8	58.1	15.8
A	Minimal risk	1.38	567	1,068	337	42.9	39.8	8.6	0.0	26.1	100.0	7.2
B	Low risk	1.03	6,096	2,555	144	47.3	33.2	4.1	0.0	7.8	47.8	17.2
C	Moderate risk	1.83	9,933	1,289	750	20.0	16.4	11.6	0.1	58.1	80.8	18.0
D	Other	1.45	8,094	1,302	210	56.9	63.1	12.8	0.0	11.6	34.9	9.7

4.	2 to 30 days	2.30	31,156	593	878	30.7	25.5	8.2	0.2	53.6	87.4	13.2
A	Minimal risk	0.88	114	1,176	760	2.4	22.3	0.5	0.0	67.3	98.6	3.3
B	Low risk	1.90	7,268	1,310	671	26.2	34.8	6.6	0.4	42.8	93.6	11.9
C	Moderate risk	2.06	14,725	523	922	29.6	22.4	8.7	0.3	62.9	86.8	16.0
D	Other	2.47	7,393	405	622	43.2	27.8	10.7	0.1	56.3	79.6	12.0

5.	31 to 365 days	2.16	10,751	1,180	860	34.9	26.2	2.9	0.3	57.9	94.0	13.9
A	Minimal risk	3.40	115	129	442	70.2	6.7	7.7	0.0	40.1	78.4	1.2
B	Low risk	1.55	2,867	1,538	833	23.6	51.8	3.7	0.1	38.5	96.0	10.7
C	Moderate risk	2.11	4,869	1,315	898	38.2	23.4	1.5	0.4	68.5	94.3	18.1
D	Other	2.76	2,820	1,300	839	39.3	6.4	2.6	0.4	59.7	92.3	10.4
					Months
6.	More than 365 days	3.62	2,507	350	56	66.1	32.2	11.1	1.1	58.0	86.6	13.2
A	Minimal risk	3.80	86	236	78	89.4	3.8	12.2	0.0	58.0	81.1	22.3
B	Low risk	3.21	308	371	55	53.8	18.2	15.6	0.0	52.7	75.7	13.6
C	Moderate risk	3.34	740	251	57	69.7	21.5	17.4	3.4	47.7	82.2	8.4
D	Other	4.26	925	371	53	65.9	17.7	8.9	0.2	52.3	88.0	7.8
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.78	3,308	3.3	94	88.3	7.1	57.8	1.2	27.0	73.7	9.2
8.	100 - 999	3.42	11,496	3.2	103	81.1	15.2	52.5	0.6	36.2	81.9	12.6
9.	1,000 - 9,999	2.48	21,976	3.1	96	44.2	26.5	21.9	0.4	58.7	93.0	15.3
10.	10,000+	1.77	48,487	3.0	39	26.7	34.0	3.6	0.0	41.9	76.2	12.8
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.06	14,491	3.3	38	72.9	4.0	194	0.4	49.6	80.7	12.2
12.	Other	1.88	70,777	3.0	70	34.4	33.5	1,128	0.2	43.9	81.3	13.6

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	2.72	59,860	445	958	43.1	12.3	23.2	0.3	54.5	92.5	14.8
A	Minimal risk	1.89	901	400	685	48.6	8.7	18.7	0.0	32.9	89.6	11.0
B	Low risk	2.16	10,839	738	746	37.0	11.7	14.6	0.3	42.1	91.6	17.7
C	Moderate risk	2.49	31,494	486	1,015	38.1	11.7	22.3	0.4	63.7	92.9	16.2
D	Other	3.30	14,627	307	826	61.4	15.9	33.0	0.3	51.3	92.0	11.7

2.	Zero interval	3.13	15,834	317	774	63.3	23.5	54.0	0.3	39.7	95.2	11.1
A	Minimal risk	1.57	441	806	571	32.8	9.5	22.6	0.0	34.2	88.5	10.2
B	Low risk	2.52	1,889	434	827	65.9	19.2	42.2	0.0	36.4	88.1	12.9
C	Moderate risk	3.05	8,266	365	831	55.4	23.0	54.5	0.3	44.1	95.0	11.2
D	Other	3.55	4,967	255	677	77.1	28.5	58.9	0.2	35.0	98.9	10.5

3.	Daily	2.41	11,479	668	864	33.3	5.0	21.2	0.1	61.3	96.8	19.5
A	Minimal risk	1.50	287	688	556	59.4	7.6	17.0	0.0	30.4	99.9	14.1
B	Low risk	1.89	1,767	769	547	28.9	3.7	13.9	0.0	26.6	97.2	29.2
C	Moderate risk	2.18	7,580	1,007	954	24.1	3.2	14.6	0.2	75.0	96.4	19.1
D	Other	3.95	1,797	304	790	71.9	13.5	54.9	0.2	43.0	97.3	12.5

4.	2 to 30 days	2.65	23,111	450	1,049	36.0	7.6	11.0	0.3	60.1	88.8	15.1
A	Minimal risk	1.36	22	366	404	12.5	15.1	2.7	0.0	30.5	92.9	18.2
B	Low risk	2.19	5,153	967	682	32.9	8.3	9.3	0.5	45.7	91.0	16.0
C	Moderate risk	2.33	11,520	415	1,094	33.9	6.9	11.0	0.3	70.5	88.7	17.4
D	Other	2.94	4,791	270	806	54.6	10.6	16.6	0.2	69.7	83.2	14.2

5.	31 to 365 days	2.32	7,624	900	977	32.4	14.2	2.6	0.4	59.1	94.7	16.1
A	Minimal risk	3.46	104	123	414	77.2	7.4	8.5	0.0	41.0	76.2	1.4
B	Low risk	1.81	1,748	1,004	864	23.5	22.6	2.5	0.0	51.3	94.1	15.9
C	Moderate risk	2.25	3,445	998	1,127	34.6	19.0	2.0	0.6	65.8	96.8	20.0
D	Other	2.73	2,297	1,158	881	33.1	1.2	3.2	0.5	56.1	93.1	11.0
					Months
6.	More than 365 days	3.68	1,760	256	59	65.9	13.2	6.9	1.5	50.0	80.9	7.7
A	Minimal risk	4.07	45	126	105	84.4	7.2	23.3	0.0	19.8	63.9	12.4
B	Low risk	3.17	269	330	58	55.8	6.5	3.6	0.0	56.0	72.1	12.6
C	Moderate risk	3.27	658	227	58	71.3	12.3	7.7	3.8	53.1	80.0	7.6
D	Other	4.12	762	324	56	62.6	16.4	5.7	0.2	47.2	85.5	6.3
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.78	3,299	3.3	94	88.5	7.1	57.8	1.2	26.9	73.7	9.2
8.	100 - 999	3.43	11,035	3.2	99	82.9	14.3	53.4	0.6	34.8	81.6	12.5
9.	1,000 - 9,999	2.62	17,247	3.1	79	46.5	17.0	25.4	0.5	60.3	95.9	16.0
10.	10,000+	2.38	28,279	3.0	46	20.3	9.3	6.0	0.0	61.8	97.0	15.4
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.05	13,882	3.3	24	73.9	2.4	187	0.5	48.6	79.9	11.8
12.	Other	2.32	45,978	3.0	81	33.8	15.3	762	0.3	56.3	96.4	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	2.63	56,589	536	963	40.9	12.5	21.0	0.1	56.2	93.0	15.3
A	Minimal risk	1.45	749	743	525	39.0	9.9	16.4	0.0	33.8	92.2	12.3
B	Low risk	2.09	10,504	891	741	35.4	11.9	13.5	0.3	42.9	92.0	18.0
C	Moderate risk	2.42	30,076	565	1,024	36.5	11.8	20.5	0.1	65.2	93.3	16.8
D	Other	3.20	13,372	372	824	59.0	16.3	29.4	0.1	54.8	92.6	12.2

2.	Zero interval	3.06	14,633	369	796	62.4	25.0	51.4	0.2	41.0	95.3	11.5
A	Minimal risk	1.42	413	905	505	28.3	10.2	18.1	0.0	36.3	87.7	10.8
B	Low risk	2.46	1,816	484	852	64.6	20.0	40.4	0.0	37.6	88.1	13.3
C	Moderate risk	2.98	7,679	413	851	55.1	24.6	52.5	0.2	44.8	95.1	11.6
D	Other	3.48	4,521	309	704	76.6	30.2	55.4	0.2	37.3	99.4	10.8

3.	Daily	2.30	10,821	932	880	30.1	4.9	17.1	0.1	64.1	96.9	20.3
A	Minimal risk	1.46	283	901	557	58.9	7.7	15.9	0.0	30.3	99.9	14.3
B	Low risk	1.83	1,716	963	544	26.8	3.7	11.7	0.0	27.1	97.1	29.9
C	Moderate risk	2.10	7,297	1,333	963	21.9	3.1	11.9	0.1	77.2	96.3	19.7
D	Other	3.93	1,483	466	861	68.9	14.6	46.9	0.0	49.5	99.1	13.8

4.	2 to 30 days	2.64	22,789	464	1,056	35.3	7.4	10.4	0.2	60.5	88.8	15.2
A	Minimal risk	1.26	21	449	411	11.6	15.6	0.5	0.0	31.6	92.8	18.9
B	Low risk	2.17	5,093	1,009	682	32.3	8.3	9.0	0.5	46.0	91.0	16.2
C	Moderate risk	2.31	11,389	426	1,100	33.4	6.6	10.6	0.0	70.9	88.7	17.5
D	Other	2.91	4,664	278	819	53.5	10.7	15.1	0.2	71.1	83.1	14.2

5.	31 to 365 days	2.16	7,189	2,367	1,010	29.3	14.8	0.8	0.1	60.7	96.6	16.6
A	Minimal risk	1.73	25	139	398	21.8	29.4	2.7	0.0	36.7	77.0	5.4
B	Low risk	1.66	1,674	1,717	893	21.5	23.6	1.6	0.0	52.5	96.2	16.1
C	Moderate risk	2.09	3,288	2,695	1,159	32.5	19.5	0.6	0.1	66.9	99.0	20.4
D	Other	2.63	2,194	3,354	893	30.5	0.9	0.3	0.1	58.1	93.8	11.1
					Months
6.	More than 365 days	3.19	1,134	616	51	52.5	12.3	3.7	0.1	62.4	88.6	9.2
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	2.56	205	869	48	42.4	2.7	0.7	0.0	65.5	74.8	11.7
C	Moderate risk	2.75	409	432	58	65.4	12.1	4.4	0.0	62.6	87.5	10.3
D	Other	3.78	501	883	47	45.7	15.8	4.0	0.1	62.7	95.2	7.8
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.46	2,572	3.3	30	89.3	7.5	55.0	1.0	28.3	72.2	10.1
8.	100 - 999	3.26	9,273	3.2	44	82.3	15.1	52.0	0.2	36.9	80.8	14.0
9.	1,000 - 9,999	2.57	16,466	3.1	57	45.5	17.4	23.8	0.2	61.8	96.3	16.5
10.	10,000+	2.38	28,279	3.0	46	20.3	9.3	6.0	0.0	61.8	97.0	15.4
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.00	11,860	3.2	10	72.2	2.1	215	0.3	54.3	78.3	13.0
12.	Other	2.27	44,729	3.0	58	32.6	15.3	884	0.1	56.7	96.9	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	4.27	3,271	113	874	81.2	8.6	61.8	3.5	24.7	84.3	5.0
A	Minimal risk	4.05	152	122	1,448	96.0	2.5	30.1	0.0	28.6	76.6	3.5
B	Low risk	4.40	335	115	903	87.3	5.8	49.7	0.0	16.6	77.6	6.7
C	Moderate risk	4.14	1,418	123	833	71.3	8.5	60.7	6.8	33.1	85.0	3.8
D	Other	4.35	1,254	107	852	87.5	11.0	71.3	1.6	14.1	85.0	6.5

2.	Zero interval	4.07	1,202	118	530	73.3	5.4	84.9	1.4	24.4	94.1	5.5
A	Minimal risk	3.79	28	306	1,585	100.0	0.2	88.9	0.0	2.5	99.8	2.5
B	Low risk	4.00	73	122	248	99.7	0.0	87.0	0.0	6.0	88.7	5.0
C	Moderate risk	3.87	587	145	613	59.5	2.4	79.9	2.4	34.4	94.3	5.0
D	Other	4.33	446	91	375	81.6	11.5	94.9	0.4	12.2	93.8	7.1

3.	Daily	4.13	658	118	569	86.0	6.5	88.1	1.1	14.9	93.8	4.7
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	4.08	51	99	663	100.0	1.8	87.4	0.0	7.4	99.3	4.9
C	Moderate risk	4.19	283	138	679	83.1	5.6	83.2	1.5	17.3	98.3	3.8
D	Other	4.06	314	115	433	86.0	8.3	92.6	1.0	12.1	88.8	5.7

4.	2 to 30 days	3.78	322	139	552	84.2	18.3	54.4	11.8	28.8	88.6	6.4
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	3.81	61	215	683	89.3	10.7	33.0	0.0	20.3	94.0	2.7
C	Moderate risk	3.70	131	129	640	71.7	35.5	49.1	26.9	42.6	87.8	1.9
D	Other	3.84	127	131	420	94.8	4.5	70.4	2.2	17.6	86.6	13.2

5.	31 to 365 days	5.03	435	80	428	83.3	5.0	33.0	6.5	34.0	63.5	3.2
A	Minimal risk	4.00	80	119	419	94.4	0.5	10.3	0.0	42.3	76.0	0.1
B	Low risk	5.08	74	96	214	70.2	0.0	23.5	0.0	25.8	46.3	4.9
C	Moderate risk	5.49	157	70	452	78.2	7.9	31.7	10.9	43.3	50.6	1.4
D	Other	4.93	103	77	614	89.6	8.7	65.1	10.9	12.6	79.2	6.7
					Months
6.	More than 365 days	4.56	626	124	72	90.0	14.8	12.7	4.1	27.6	67.0	3.9
A	Minimal risk	4.36	39	112	114	97.2	8.3	21.3	0.0	20.3	58.1	14.1
B	Low risk	5.14	64	110	87	99.0	18.9	12.9	0.0	25.5	63.7	15.9
C	Moderate risk	4.13	249	128	59	80.9	12.7	13.2	10.1	37.4	67.8	1.8
D	Other	4.79	261	146	74	95.1	17.7	9.1	0.3	17.2	66.8	2.0
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	4.89	727	3.3	324	85.5	5.7	68.0	2.2	21.7	78.9	6.2
8.	100 - 999	4.32	1,763	3.2	394	85.7	9.8	60.6	2.8	24.1	85.6	4.9
9.	1,000 - 9,999	3.58	782	3.2	545	67.1	8.6	58.7	6.5	29.0	86.4	4.4
10.	10,000+	...	...	...	...	...	...	...	...	...	...	...
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.35	2,021	3.4	110	83.5	4.5	105	1.5	15.1	89.2	5.4
12.	Other	4.14	1,250	3.0	904	77.4	15.2	129	6.8	40.3	76.4	4.3

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	1.15	25,407	8,336	290	35.7	66.6	2.4	0.0	22.3	54.5	7.7
A	Minimal risk	1.42	426	2,064	437	26.2	53.1	0.0	0.0	41.2	100.0	2.9
B	Low risk	0.91	7,608	16,888	300	37.6	68.2	1.5	0.0	13.0	58.7	2.3
C	Moderate risk	1.19	7,207	6,895	308	19.4	62.1	3.9	0.0	34.0	66.1	11.4
D	Other	1.19	9,663	7,826	192	45.7	68.4	1.7	0.0	16.4	38.1	7.3

2.	Zero interval	4.49	225	734	1,088	50.1	5.8	99.5	0.0	97.6	100.0	27.9
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	...	...	...	...	...	...	...	...	...	...	...
C	Moderate risk	4.20	141	834	1,010	45.1	9.3	99.7	0.0	99.7	100.0	33.5
D	Other	5.09	77	591	1,223	61.7	0.0	99.1	0.0	93.6	100.0	18.5

3.	Daily	0.72	13,259	19,398	49	44.6	63.5	0.8	0.0	2.5	24.6	3.2
A	Minimal risk	1.25	280	2,472	144	25.9	73.0	0.0	0.0	21.7	100.0	0.0
B	Low risk	0.68	4,329	50,019	3	54.7	45.3	0.1	0.0	0.1	27.6	0.0
C	Moderate risk	0.69	2,354	12,935	116	6.7	59.1	2.1	0.0	4.0	30.3	6.8
D	Other	0.74	6,297	20,862	51	52.6	77.3	0.8	0.0	2.7	17.1	5.1

4.	2 to 30 days	1.29	8,045	7,098	444	15.7	76.9	0.1	0.0	35.1	83.3	7.1
A	Minimal risk	0.77	92	2,449	842	0.0	24.0	0.0	0.0	76.0	100.0	0.0
B	Low risk	1.20	2,114	9,722	648	9.9	99.5	0.0	0.0	35.8	100.0	2.9
C	Moderate risk	1.11	3,205	8,144	369	14.4	78.2	0.2	0.0	35.6	80.2	10.6
D	Other	1.61	2,602	5,496	348	22.2	59.7	0.0	0.0	31.7	72.9	7.4

5.	31 to 365 days	1.77	3,126	4,932	573	41.0	55.3	3.7	0.1	55.0	92.4	8.4
A	Minimal risk	2.81	10	224	721	0.0	0.0	0.0	0.0	30.9	100.0	0.0
B	Low risk	1.14	1,119	9,003	782	23.7	97.5	5.5	0.2	18.5	99.0	3.2
C	Moderate risk	1.77	1,425	5,647	357	47.0	34.2	0.4	0.0	74.8	88.2	13.0
D	Other	2.90	523	2,807	654	66.3	29.1	0.0	0.0	75.5	88.6	7.9
					Months
6.	More than 365 days	3.50	747	2,630	50	66.6	76.9	20.8	0.0	76.9	100.0	23.7
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	...	...	...	...	...	...	...	...	...	...	...
C	Moderate risk	3.92	81	1,741	45	56.8	96.1	96.1	0.0	3.9	100.0	13.7
D	Other	4.90	163	1,163	39	81.3	23.9	23.9	0.0	76.1	100.0	13.9
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	4.00	10	3.0	262	34.5	20.8	41.5	0.0	68.8	92.6	11.3
8.	100 - 999	3.12	461	3.2	190	38.6	37.8	32.1	0.4	68.7	89.9	15.2
9.	1,000 - 9,999	1.99	4,729	3.2	156	35.6	61.0	9.1	0.0	52.5	82.4	12.1
10.	10,000+	0.90	20,208	3.0	31	35.6	68.6	0.1	0.0	14.2	47.1	5.5
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.24	609	3.1	355	50.9	39.8	1,024	0.0	72.9	98.0	21.3
12.	Other	1.07	24,799	3.1	50	35.3	67.3	10,109	0.0	21.1	53.4	7.1

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	1.85	30,422	673	3.1	77	42.2	45.7	14.2	0.2	18.7
A	Not under commitment	1.45	16,039	534	3.2	45	56.1	40.8	17.5	0.1	17.9
B	Informal commitment	1.10	4,884	615	2.6	32	12.3	86.1	8.2	0.1	3.1
C	Formal commitment	2.89	9,499	1,321	3.3	153	34.2	33.1	11.6	0.5	28.1
2.	Before survey week 11
A	Up to 90 days	2.45	10,591	445	3.0	63	34.4	35.1	19.7	0.4	51.0
B	91 to 365 days	2.54	17,494	421	3.1	44	47.5	18.6	23.1	0.2	50.3
C	More than 365 days	2.44	26,740	997	3.0	64	37.6	12.8	15.2	0.2	68.7

Domestic banks
3.	During survey week	3.49	12,161	277	3.2	176	55.1	11.1	35.2	0.6	41.2
A	Not under commitment	3.54	4,466	152	3.0	150	74.3	5.0	62.5	0.4	64.4
B	Informal commitment	3.50	700	92	3.2	134	84.2	7.9	55.8	0.5	21.6
C	Formal commitment	3.45	6,995	1,038	3.4	196	40.0	15.2	15.7	0.7	28.3
4.	Before survey week 11
A	Up to 90 days	2.82	7,656	327	3.1	66	42.7	13.4	26.5	0.5	52.6
B	91 to 365 days	2.59	15,892	386	3.1	37	46.0	15.5	24.4	0.2	48.0
C	More than 365 days	2.39	24,131	932	3.0	34	35.3	10.5	15.3	0.2	66.1

Large domestic banks
5.	During survey week	3.35	10,624	340	3.3	111	51.1	11.2	32.8	0.1	43.3
A	Not under commitment	3.34	3,953	167	3.0	68	73.6	4.8	65.1	0.2	69.1
B	Informal commitment	2.93	336	73	3.5	28	89.9	8.6	36.6	0.1	30.7
C	Formal commitment	3.37	6,335	2,145	3.4	143	35.0	15.4	12.5	0.1	27.8
6.	Before survey week 11
A	Up to 90 days	2.71	7,143	380	3.1	51	39.9	13.6	23.0	0.1	54.9
B	91 to 365 days	2.51	14,922	464	3.1	30	44.0	16.1	21.6	0.1	49.6
C	More than 365 days	2.37	23,893	1,018	3.0	30	34.8	10.5	14.7	0.2	66.5

Small domestic banks
7.	During survey week	4.45	1,537	122	3.1	620	82.9	9.8	51.7	4.0	26.6
A	Not under commitment	5.09	513	88	3.1	789	79.6	6.4	42.6	2.6	28.3
B	Informal commitment	4.02	364	121	3.0	232	79.0	7.3	73.5	0.9	13.1
C	Formal commitment	4.19	660	174	3.3	700	87.5	13.9	46.8	6.8	32.9
8.	Before survey week 11
A	Up to 90 days	4.34	512	111	3.4	278	82.5	10.4	75.8	5.9	20.3
B	91 to 365 days	3.93	970	107	3.3	150	77.7	6.9	67.0	2.0	23.4
C	More than 365 days	4.19	237	98	3.4	470	81.1	4.3	77.9	1.9	27.1

Foreign banks
9.	During survey week	0.76	18,261	13,593	3.1	11	33.7	68.8	0.1	0.0	3.8
A	Not under commitment	0.65	11,573	20,031	3.3	4	49.1	54.7	0.1	0.0	0.0
B	Informal commitment	0.70	4,184	13,372	2.5	15	0.2	99.2	0.2	0.0	0.0
C	Formal commitment	1.34	2,504	5,530	3.2	33	18.0	83.0	0.2	0.0	27.5
10.	Before survey week 11
A	Up to 90 days	1.48	2,935	6,888	2.9	56	12.8	91.9	1.8	0.1	46.9
B	91 to 365 days	2.05	1,602	4,374	3.0	116	62.3	48.8	10.2	0.0	73.8
C	More than 365 days	2.96	2,610	2,861	3.3	345	59.1	34.1	14.1	0.0	92.8

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	3.80	195	125	3.1	231	52.1	52.0	32.7	36.5
2.	Domestic banks	3.81	193	124	3.1	232	51.7	52.4	33.0	35.9
3.	Large domestic banks	4.34	77	82	2.9	42	86.7	41.8	43.3	1.3
4.	Small domestic banks	3.46	116	186	3.2	359	28.3	59.5	26.2	58.9
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	2.53	38,275	978	3.1	72	34.4	12.6	18.8	0.2
2.	Domestic banks	2.54	32,604	870	3.1	56	32.4	7.0	20.7	0.2
3.	Large domestic banks	2.50	31,796	1,038	3.1	48	31.4	7.0	20.2	0.0
4.	Small domestic banks	3.99	809	118	3.1	390	70.8	7.0	37.7	8.4
5.	Foreign banks	2.47	5,671	3,407	3.1	160	46.2	45.2	7.8	0.0

Summary statistics		All commercial banks	Domestic banks	Large domestic banks	Small domestic banks	Foreign banks
1.	Average reported prime rate	3.34	3.35	3.33	3.44	3.20
2.	Standard error of loan rate	.23	.09	.09	.08	.43

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, 2013, assets of the large banks were at least $4.6 billion. Median total assets for all insured banks were roughly $160 million. Assets at all U.S. branches and agencies averaged 10.4 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.