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Survey of Terms of Business Lending - E.2

Release Date: December 30, 2016

E.2 Survey of Terms of Business Lending
NOVEMBER 7-11, 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	2.11	80,221	713	515	61.3	42.4	12.9	0.3	37.8	75.5	14.5
A	Minimal risk	2.57	1,240	291	707	59.8	12.8	19.2	0.1	29.0	60.8	7.2
B	Low risk	1.32	23,443	1,668	233	43.7	63.2	6.2	0.1	18.7	78.0	8.8
C	Moderate risk	2.15	27,827	647	532	63.4	42.8	14.1	0.4	38.9	70.9	17.0
D	Other	2.78	18,006	425	481	63.5	35.6	21.3	0.7	31.8	68.3	15.6

2.	Zero interval	3.16	12,553	363	798	63.0	23.3	46.7	0.4	46.0	94.5	14.3
A	Minimal risk	2.55	249	661	1,384	73.3	17.4	49.2	0.2	21.7	61.6	14.0
B	Low risk	2.83	1,612	481	754	56.1	10.7	47.6	0.0	62.1	87.9	11.3
C	Moderate risk	2.97	5,687	421	792	52.3	24.4	45.0	0.2	44.4	96.0	12.3
D	Other	3.61	4,373	277	728	75.0	30.1	51.2	0.8	39.3	96.4	15.2

3.	Daily	1.25	30,264	2,561	256	55.4	64.8	6.1	0.0	19.5	56.3	12.2
A	Minimal risk	2.86	88	320	823	80.5	1.4	32.1	0.2	27.3	95.2	13.8
B	Low risk	0.85	13,584	8,120	63	40.9	78.9	1.8	0.0	4.2	73.3	5.7
C	Moderate risk	1.29	10,030	2,496	367	71.3	65.4	7.4	0.0	25.4	34.9	29.2
D	Other	1.81	4,455	908	233	42.1	52.2	16.2	0.1	16.3	31.5	14.5

4.	2 to 30 days	2.26	28,789	597	588	64.0	31.4	5.5	0.3	46.8	85.6	16.6
A	Minimal risk	2.57	728	234	298	56.6	15.1	11.6	0.0	28.7	50.0	1.3
B	Low risk	1.66	6,981	944	389	44.4	49.1	3.5	0.1	30.0	83.9	13.3
C	Moderate risk	2.32	8,810	460	476	58.5	35.4	3.3	0.1	46.6	88.5	17.4
D	Other	2.52	6,965	421	402	69.0	31.6	7.4	0.8	28.8	76.5	16.9

5.	31 to 365 days	2.80	5,589	675	605	67.8	21.1	8.6	1.7	53.7	80.5	12.4
A	Minimal risk	2.21	157	470	415	44.2	1.7	1.8	0.0	46.5	86.2	11.9
B	Low risk	2.09	876	949	553	44.6	31.1	4.0	0.6	47.2	81.1	10.7
C	Moderate risk	2.72	2,158	824	551	69.6	19.3	4.5	3.0	44.3	87.7	12.0
D	Other	3.59	1,331	611	426	63.1	30.4	13.4	1.8	47.7	59.7	13.5
					Months
6.	More than 365 days	3.69	2,754	385	47	72.7	43.5	19.5	0.8	76.6	82.4	14.3
A	Minimal risk	4.54	18	123	79	40.6	8.0	0.0	0.0	0.0	97.8	0.5
B	Low risk	3.46	388	556	50	76.3	55.9	38.7	0.0	78.8	92.5	10.4
C	Moderate risk	3.50	954	320	50	71.9	35.8	23.4	1.6	69.9	92.0	6.4
D	Other	4.52	835	353	42	70.4	18.6	18.1	0.7	76.3	60.4	14.1
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.73	2,754	3.2	123	94.5	4.7	39.4	2.0	18.8	76.0	6.9
8.	100 - 999	3.48	9,352	3.2	91	86.3	12.5	42.5	1.2	23.6	77.6	11.1
9.	1,000 - 9,999	2.88	17,527	3.2	106	66.5	24.7	25.9	0.3	56.1	86.8	16.2
10.	10,000+	1.49	50,588	2.8	36	53.0	56.1	1.5	0.1	35.1	71.2	14.8
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.10	10,366	3.3	84	79.3	6.0	227	1.3	39.1	90.2	12.7
12.	Other	1.81	69,855	2.9	57	58.6	47.8	1,043	0.2	37.6	73.3	14.8

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	2.87	43,796	400	815	76.0	13.1	21.6	0.5	54.5	90.1	17.4
A	Minimal risk	3.09	815	200	1,069	81.6	5.7	29.2	0.1	8.5	42.7	14.5
B	Low risk	2.49	6,372	479	612	59.2	7.2	20.2	0.2	37.2	82.7	19.2
C	Moderate risk	2.77	17,034	404	763	67.6	17.3	21.1	0.6	52.7	94.1	17.8
D	Other	3.53	10,619	258	671	81.5	21.2	32.5	0.8	39.4	85.3	14.8

2.	Zero interval	3.12	12,230	358	790	63.4	23.9	46.3	0.4	45.5	94.4	13.9
A	Minimal risk	2.54	242	659	1,407	75.4	17.9	50.6	0.2	19.5	60.5	14.1
B	Low risk	2.82	1,597	478	750	56.6	10.8	47.7	0.0	62.0	87.8	11.2
C	Moderate risk	2.95	5,607	417	784	52.7	24.8	44.5	0.2	44.0	95.9	12.1
D	Other	3.54	4,152	267	711	75.7	31.7	50.7	0.8	38.2	96.2	14.5

3.	Daily	2.66	7,056	628	1,072	90.2	2.5	24.6	0.2	73.6	98.7	21.7
A	Minimal risk	2.70	76	283	761	88.9	1.6	37.3	0.3	15.7	94.4	13.7
B	Low risk	2.49	808	526	1,073	87.8	1.6	29.2	0.5	54.8	95.7	22.1
C	Moderate risk	2.42	2,936	757	1,222	85.7	2.9	23.8	0.1	76.3	99.6	31.6
D	Other	4.01	1,128	245	827	85.9	7.0	59.5	0.4	42.5	97.4	12.6

4.	2 to 30 days	2.64	18,822	401	672	78.9	10.3	7.8	0.2	51.3	87.2	19.6
A	Minimal risk	3.55	394	129	399	95.6	0.0	21.5	0.0	1.3	7.5	14.3
B	Low risk	2.27	3,391	481	320	53.8	5.1	7.2	0.1	18.9	75.5	24.4
C	Moderate risk	2.67	6,076	325	457	71.0	16.4	3.8	0.2	48.6	92.7	18.8
D	Other	2.99	3,846	239	435	87.6	19.8	12.4	0.5	30.2	80.7	16.7

5.	31 to 365 days	3.16	3,509	458	737	77.7	7.8	11.4	2.7	60.9	81.4	12.9
A	Minimal risk	2.52	86	351	324	36.5	0.6	3.3	0.0	6.0	97.1	19.2
B	Low risk	2.58	321	475	996	51.8	6.2	8.8	1.6	38.7	96.5	12.7
C	Moderate risk	2.95	1,419	572	632	67.8	14.8	6.3	4.6	53.3	83.3	13.4
D	Other	4.64	704	342	549	85.5	3.8	17.5	3.4	58.9	57.2	9.0
					Months
6.	More than 365 days	3.85	1,907	273	47	70.2	18.4	8.4	1.2	66.2	74.5	9.5
A	Minimal risk	4.54	18	123	79	40.6	8.0	0.0	0.0	0.0	97.8	0.5
B	Low risk	3.24	252	374	50	64.3	32.8	6.4	0.0	67.3	88.4	10.6
C	Moderate risk	3.34	806	274	48	70.6	24.1	9.4	1.9	64.4	90.5	6.4
D	Other	4.48	740	320	43	71.4	8.3	7.6	0.8	73.3	55.3	15.2
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.73	2,741	3.3	123	94.7	4.6	39.5	2.0	18.6	76.0	6.9
8.	100 - 999	3.50	8,877	3.2	92	88.0	11.6	43.4	1.2	21.5	77.6	10.8
9.	1,000 - 9,999	3.05	13,367	3.2	100	72.4	17.0	30.1	0.4	57.2	90.2	16.1
10.	10,000+	2.32	18,811	3.0	49	70.2	12.3	2.8	0.0	73.3	98.1	21.9
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.07	9,478	3.3	30	80.7	2.0	210	1.5	35.1	89.4	12.1
12.	Other	2.54	34,318	3.1	91	74.7	16.2	532	0.2	59.8	90.3	18.8

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	2.71	39,481	483	832	74.3	14.0	17.8	0.1	55.7	91.5	18.6
A	Minimal risk	3.10	787	215	1,078	80.9	5.7	29.2	0.1	8.1	41.1	15.3
B	Low risk	2.33	5,768	523	640	56.3	7.7	14.5	0.1	34.4	81.4	20.9
C	Moderate risk	2.65	15,688	500	766	66.1	18.1	18.3	0.1	54.5	94.4	18.9
D	Other	3.27	8,473	290	670	77.8	25.5	26.6	0.3	38.0	90.1	16.6

2.	Zero interval	2.96	10,661	435	852	59.3	27.2	40.6	0.2	46.3	94.5	15.0
A	Minimal risk	2.53	240	755	1,411	75.2	18.0	50.3	0.2	19.6	60.3	14.2
B	Low risk	2.47	1,270	431	953	47.0	13.6	35.9	0.1	55.6	84.7	11.8
C	Moderate risk	2.84	5,121	530	820	50.2	27.0	41.3	0.0	45.9	95.7	12.6
D	Other	3.39	3,430	326	764	70.9	37.8	42.6	0.4	40.4	98.0	16.3

3.	Daily	2.46	6,270	1,350	1,131	89.6	2.7	17.3	0.1	79.5	99.0	23.6
A	Minimal risk	2.58	71	380	753	88.2	1.7	35.9	0.3	13.2	96.0	14.4
B	Low risk	2.24	696	756	1,203	86.5	1.9	18.2	0.0	56.7	95.0	25.4
C	Moderate risk	2.26	2,662	1,714	1,278	85.2	3.0	18.1	0.0	82.2	100.0	34.0
D	Other	3.82	755	474	1,011	80.1	9.8	46.6	0.4	52.1	98.8	15.6

4.	2 to 30 days	2.61	18,370	417	676	78.5	10.3	6.7	0.1	51.8	87.1	20.0
A	Minimal risk	3.56	391	130	392	95.6	0.0	21.4	0.0	1.2	6.8	15.8
B	Low risk	2.25	3,330	501	318	53.3	5.0	6.7	0.0	18.4	75.1	24.9
C	Moderate risk	2.65	5,967	334	451	70.6	16.3	2.9	0.2	48.8	92.9	19.0
D	Other	2.92	3,569	244	441	87.1	20.9	8.9	0.1	30.6	79.7	17.8

5.	31 to 365 days	2.69	2,605	756	835	75.4	8.2	7.8	0.3	62.7	91.0	15.2
A	Minimal risk	2.61	69	1,379	336	21.5	0.7	0.0	0.0	3.2	99.1	21.7
B	Low risk	2.50	254	1,124	1,219	57.7	7.5	6.0	0.4	43.2	97.1	15.9
C	Moderate risk	2.59	1,083	1,487	677	64.6	14.6	3.1	0.2	54.1	80.9	17.8
D	Other	4.07	331	320	538	74.9	5.5	18.5	1.3	37.8	98.9	10.3
					Months
6.	More than 365 days	3.25	1,302	523	41	58.4	21.8	8.4	0.4	67.1	91.6	11.2
A	Minimal risk	4.77	15	163	68	29.8	1.1	0.0	0.0	0.0	99.6	0.5
B	Low risk	2.87	216	767	48	58.4	34.4	6.2	0.0	72.5	96.8	11.3
C	Moderate risk	3.04	666	761	42	64.8	26.1	7.4	0.3	71.8	95.3	7.3
D	Other	3.60	341	384	34	44.7	7.0	12.8	0.3	65.3	90.6	19.8
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.40	2,053	3.2	57	95.3	4.8	30.6	1.0	15.0	72.1	7.8
8.	100 - 999	3.34	7,113	3.2	60	87.7	13.1	39.3	0.4	18.9	76.1	12.4
9.	1,000 - 9,999	2.84	11,504	3.1	69	69.1	19.1	26.6	0.0	56.9	93.8	17.4
10.	10,000+	2.32	18,811	3.0	49	70.2	12.3	2.8	0.0	73.3	98.1	21.9
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	3.97	7,011	3.2	22	76.7	1.6	258	0.6	36.0	89.1	14.3
12.	Other	2.44	32,470	3.0	65	73.8	16.7	595	0.0	59.9	92.0	19.5

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	4.35	4,315	155	655	91.5	4.9	57.2	3.8	43.3	77.6	4.9
A	Minimal risk	2.86	29	66	919	100.0	4.5	28.4	0.0	21.3	87.6	4.7
B	Low risk	4.01	603	267	393	86.4	2.8	75.0	1.9	64.4	95.5	6.2
C	Moderate risk	4.12	1,346	124	726	84.8	7.7	54.4	6.8	31.0	91.5	4.5
D	Other	4.57	2,146	180	676	96.3	4.1	55.7	2.9	44.9	66.1	4.9

2.	Zero interval	4.18	1,569	162	391	91.6	1.8	84.7	1.8	40.2	93.6	6.4
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	4.19	327	826	284	93.7	0.0	93.4	0.0	86.7	99.7	9.1
C	Moderate risk	4.07	486	129	410	79.7	1.5	77.8	1.9	23.6	98.0	6.4
D	Other	4.28	723	144	444	98.3	2.9	88.7	2.7	27.7	87.6	5.1

3.	Daily	4.22	785	119	481	95.0	1.3	83.3	1.1	26.7	95.6	5.9
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	4.02	112	182	317	96.2	0.0	97.6	3.6	43.0	100.0	2.8
C	Moderate risk	4.02	274	118	574	90.5	1.8	79.6	1.2	19.2	95.4	6.8
D	Other	4.38	374	124	332	97.5	1.3	85.4	0.4	23.0	94.6	6.2

4.	2 to 30 days	3.76	452	160	470	93.8	9.5	52.6	5.0	30.1	91.6	4.4
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	3.46	61	150	433	84.2	12.1	35.4	5.6	46.9	100.0	3.7
C	Moderate risk	3.71	110	124	775	97.5	17.8	49.4	2.6	35.2	84.7	4.5
D	Other	3.83	277	197	365	94.4	5.7	57.7	5.9	24.6	92.9	4.5

5.	31 to 365 days	4.50	904	215	454	84.3	6.7	21.5	9.6	55.7	53.7	1.4
A	Minimal risk	2.12	16	85	262	100.0	0.0	17.2	0.0	17.8	88.9	7.6
B	Low risk	2.87	66	147	135	29.3	1.2	19.5	6.2	21.5	94.5	0.3
C	Moderate risk	4.11	336	191	487	78.1	15.4	16.7	18.7	50.6	91.0	0.9
D	Other	5.15	373	363	558	94.9	2.2	16.7	5.3	77.6	20.1	3.3
					Months
6.	More than 365 days	5.14	605	135	59	95.6	11.2	8.5	3.0	64.4	37.7	0.8
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	5.43	37	93	63	98.8	23.7	7.7	0.0	36.6	38.6	0.6
C	Moderate risk	4.78	141	68	76	97.8	14.4	18.9	9.3	29.3	67.8	0.9
D	Other	5.24	399	280	51	94.2	9.4	3.2	1.3	80.1	25.1	1.0
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	4.72	688	3.4	314	93.0	4.2	65.9	4.8	29.3	87.5	4.7
8.	100 - 999	4.18	1,764	3.4	219	89.3	5.6	59.6	4.8	32.0	83.5	4.9
9.	1,000 - 9,999	4.37	1,863	3.4	291	93.0	4.5	51.6	2.6	59.2	68.3	5.1
10.	10,000+	...	...	...	...	...	...	...	...	...	...	...
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.35	2,467	3.3	53	92.2	3.0	138	4.0	32.8	90.2	6.1
12.	Other	4.33	1,848	3.5	549	90.5	7.4	186	3.6	57.4	60.8	2.6

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	1.18	36,425	11,919	204	43.6	77.6	2.4	0.1	17.7	57.9	9.0
A	Minimal risk	1.58	424	2,461	361	18.2	26.4	0.0	0.0	68.4	95.5	0.8
B	Low risk	0.88	17,071	22,344	126	38.0	84.0	0.9	0.0	11.8	76.3	4.6
C	Moderate risk	1.17	10,794	13,491	217	56.9	83.0	3.0	0.0	17.3	34.1	13.5
D	Other	1.71	7,387	6,174	251	37.5	56.3	5.1	0.5	20.8	43.8	18.1

2.	Zero interval	4.60	323	945	1,039	48.7	0.0	64.4	0.0	65.1	100.0	26.0
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	...	...	...	...	...	...	...	...	...	...	...
C	Moderate risk	4.18	80	992	1,190	22.6	0.0	82.1	0.0	74.0	100.0	25.9
D	Other	4.88	221	918	998	62.3	0.0	61.7	0.0	59.9	100.0	26.9

3.	Daily	0.82	23,208	39,686	31	44.8	83.7	0.5	0.0	3.0	43.4	5.6
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	0.75	12,776	93,657	16	38.0	83.8	0.1	0.0	1.0	71.9	4.3
C	Moderate risk	0.82	7,094	50,641	40	65.3	91.3	0.6	0.0	4.4	8.2	17.5
D	Other	1.07	3,327	11,053	63	27.2	67.5	1.5	0.0	7.4	9.1	21.8

4.	2 to 30 days	1.53	9,967	7,537	449	36.1	71.3	1.1	0.3	38.4	82.4	10.5
A	Minimal risk	1.41	334	5,062	289	10.7	32.9	0.0	0.0	60.9	100.0	0.2
B	Low risk	1.07	3,589	10,404	439	35.5	90.7	0.0	0.0	40.4	91.7	4.7
C	Moderate risk	1.54	2,734	6,670	518	30.8	77.8	2.3	0.0	42.1	79.3	13.8
D	Other	1.93	3,119	6,429	371	46.0	46.1	1.3	1.1	27.0	71.4	17.1

5.	31 to 365 days	2.20	2,081	3,344	381	51.0	43.5	4.0	0.0	41.6	79.0	11.7
A	Minimal risk	1.85	71	792	521	53.3	3.0	0.0	0.0	95.2	73.1	0.3
B	Low risk	1.81	555	2,240	297	40.4	45.4	1.2	0.0	52.1	72.1	9.2
C	Moderate risk	2.28	739	5,490	394	73.2	27.9	0.9	0.0	27.0	96.2	9.5
D	Other	2.41	627	5,363	288	37.9	60.4	8.8	0.0	35.1	62.5	18.1
					Months
6.	More than 365 days	3.32	847	4,568	45	78.5	99.8	44.4	0.0	100.0	100.0	22.4
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	3.86	136	5,692	48	98.7	98.7	98.7	0.0	100.0	100.0	10.0
C	Moderate risk	4.32	148	4,237	62	79.3	100.0	100.0	0.0	100.0	100.0	6.1
D	Other	4.82	94	1,774	31	62.6	100.0	100.0	0.0	100.0	100.0	9.3
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.16	13	2.7	89	59.3	12.0	22.8	0.0	52.9	77.8	16.0
8.	100 - 999	3.06	475	3.1	82	55.6	28.6	25.6	0.0	62.2	78.0	18.1
9.	1,000 - 9,999	2.32	4,160	3.2	126	47.6	49.2	12.5	0.0	52.4	75.6	16.8
10.	10,000+	1.01	31,776	2.7	28	42.8	82.1	0.8	0.1	12.5	55.3	7.4
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.45	888	3.3	650	63.8	49.6	1,577	0.0	81.4	99.7	18.3
12.	Other	1.10	35,537	2.7	24	43.1	78.3	14,257	0.1	16.1	56.9	8.5

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	1.83	26,376	684	3.0	75	69.8	48.6	7.9	0.3	19.7
A	Not under commitment	1.50	19,647	799	3.0	50	69.5	56.2	5.1	0.1	5.6
B	Informal commitment	3.63	800	148	3.1	164	78.0	13.9	33.2	4.6	30.8
C	Formal commitment	2.69	5,929	694	3.0	149	70.0	28.1	13.6	0.5	64.8
2.	Before survey week 11
A	Up to 90 days	1.97	12,566	521	2.7	63	36.1	64.1	13.4	0.3	30.9
B	91 to 365 days	2.02	18,252	556	2.7	33	53.9	49.8	17.4	0.6	32.8
C	More than 365 days	2.56	23,028	1,345	3.2	64	71.0	17.7	14.9	0.1	66.2

Domestic banks
3.	During survey week	3.50	9,115	244	3.0	188	88.2	6.0	21.9	0.9	41.2
A	Not under commitment	3.85	4,322	182	2.9	212	88.6	4.0	23.3	0.3	19.3
B	Informal commitment	3.84	728	135	3.2	177	85.0	8.8	36.4	5.1	33.9
C	Formal commitment	3.07	4,065	497	3.2	165	88.3	7.5	17.8	0.8	65.7
4.	Before survey week 11
A	Up to 90 days	3.09	5,308	225	3.2	108	75.5	17.6	30.0	0.7	46.5
B	91 to 365 days	2.76	10,311	317	3.1	38	70.1	19.0	28.9	0.7	48.2
C	More than 365 days	2.57	19,062	1,190	3.1	39	73.5	12.1	15.3	0.2	66.4

Large domestic banks
5.	During survey week	3.14	6,910	287	2.8	98	88.0	6.0	16.8	0.2	39.4
A	Not under commitment	3.48	3,355	171	2.7	70	86.4	4.2	22.8	0.2	3.7
B	Informal commitment	2.69	172	145	3.9	55	88.6	0.0	6.4	0.0	18.0
C	Formal commitment	2.83	3,384	1,036	3.1	128	89.7	8.1	11.4	0.2	76.0
6.	Before survey week 11
A	Up to 90 days	2.93	4,646	250	3.2	105	72.8	19.7	24.6	0.3	46.0
B	91 to 365 days	2.60	9,177	369	3.1	41	67.0	21.0	22.3	0.2	49.1
C	More than 365 days	2.55	18,747	1,326	3.1	39	73.2	12.2	14.2	0.0	67.3

Small domestic banks
7.	During survey week	4.63	2,205	166	3.5	471	88.6	6.0	37.8	3.2	46.6
A	Not under commitment	5.13	968	233	3.8	704	96.2	3.6	25.1	0.9	73.5
B	Informal commitment	4.19	556	133	2.9	215	83.9	11.5	45.7	6.6	38.8
C	Formal commitment	4.26	682	139	3.4	348	81.7	5.0	49.3	3.7	14.6
8.	Before survey week 11
A	Up to 90 days	4.16	663	132	3.5	127	94.3	2.8	67.8	3.1	50.3
B	91 to 365 days	4.05	1,133	148	3.3	14	95.5	2.6	82.1	4.5	40.3
C	More than 365 days	3.84	314	167	3.4	24	91.2	9.4	80.8	7.7	16.4

Foreign banks
9.	During survey week	0.94	17,261	14,441	3.0	16	60.2	71.1	0.5	0.0	8.4
A	Not under commitment	0.83	15,325	19,681	3.0	4	64.1	70.9	0.0	0.0	1.8
B	Informal commitment	1.56	72	1,779	3.0	35	6.9	65.8	0.6	0.0	0.0
C	Formal commitment	1.86	1,864	4,955	2.8	115	29.9	73.0	4.6	0.0	62.8
10.	Before survey week 11
A	Up to 90 days	1.16	7,257	15,631	2.4	31	7.2	98.1	1.2	0.0	19.4
B	91 to 365 days	1.05	7,941	26,548	2.2	26	32.9	89.7	2.5	0.4	12.9
C	More than 365 days	2.53	3,966	3,614	3.3	186	59.1	44.5	12.8	0.0	65.0

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	4.37	252	112	3.5	173	69.7	38.5	54.9	31.3
2.	Domestic banks	4.88	217	97	3.4	196	80.9	44.7	63.7	20.2
3.	Large domestic banks	5.60	52	63	3.5	168	87.3	11.6	75.6	2.7
4.	Small domestic banks	4.66	165	117	3.4	205	78.9	55.1	59.9	25.8
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	2.63	30,303	1,214	3.1	111	74.4	24.9	13.4	0.3
2.	Domestic banks	2.69	23,854	1,022	3.2	87	79.8	12.8	14.0	0.2
3.	Large domestic banks	2.52	21,985	1,539	3.1	63	78.4	13.7	11.5	0.0
4.	Small domestic banks	4.67	1,869	206	3.3	374	96.1	2.4	43.3	2.3
5.	Foreign banks	2.40	6,449	3,994	2.8	199	54.6	69.4	11.2	0.5

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	3.61	3.34
2.	Standard error of loan rate	.22	.15	.11	.13	.31

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, 2016, assets of the large banks were at least $5.4 billion. Median total assets for all insured banks were roughly $191 million. Assets at all U.S. branches and agencies averaged 10.5 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.