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

Survey of Terms of Business Lending - E.2

Release Date: April 10, 2017

E.2 Survey of Terms of Business Lending
FEBRUARY 6-10, 2017

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	2.53	120,056	940	749	59.4	38.6	10.0	0.1	43.1	80.1	10.7
A	Minimal risk	2.69	1,643	356	639	57.6	13.4	17.3	0.1	29.9	73.1	10.6
B	Low risk	1.66	29,401	1,950	335	29.7	59.0	4.3	0.0	20.2	84.6	10.3
C	Moderate risk	2.19	38,676	876	544	52.7	49.7	11.8	0.2	31.3	62.3	12.9
D	Other	3.49	32,564	634	1,200	81.1	22.9	15.3	0.2	58.4	87.0	8.2

2.	Zero interval	3.35	17,562	360	810	59.9	24.2	43.2	0.4	46.5	94.7	13.6
A	Minimal risk	2.52	448	684	489	56.1	4.2	37.9	0.3	32.7	83.3	15.5
B	Low risk	2.61	2,977	710	892	37.7	19.6	27.4	0.1	61.3	81.0	13.0
C	Moderate risk	3.23	7,159	380	827	54.9	25.3	43.3	0.2	46.2	98.4	13.6
D	Other	3.88	6,494	278	792	76.5	28.3	50.6	0.7	40.0	97.8	13.5

3.	Daily	1.20	30,005	6,030	59	42.4	80.2	1.6	0.0	7.6	44.8	10.6
A	Minimal risk	3.02	41	384	649	59.2	3.1	70.9	0.0	1.5	100.0	26.6
B	Low risk	1.08	13,107	10,670	44	19.7	85.3	0.8	0.0	3.6	82.3	7.9
C	Moderate risk	1.17	13,839	9,459	47	57.4	87.9	1.0	0.0	8.2	11.2	20.4
D	Other	1.80	2,608	1,520	59	68.2	27.8	5.4	0.1	12.0	25.2	18.0

4.	2 to 30 days	2.72	53,049	1,115	1,104	73.4	22.7	3.8	0.0	65.7	90.5	9.9
A	Minimal risk	2.70	812	281	479	58.7	24.4	8.9	0.0	32.9	57.2	3.3
B	Low risk	1.86	8,661	1,221	426	41.5	50.7	2.0	0.0	30.9	86.7	10.3
C	Moderate risk	2.36	11,503	716	739	58.0	33.5	3.7	0.1	53.8	85.8	12.5
D	Other	3.37	19,945	1,076	1,607	84.0	15.7	3.9	0.0	69.5	90.4	6.0

5.	31 to 365 days	3.81	7,657	728	376	72.5	41.6	12.3	0.7	50.1	93.9	8.6
A	Minimal risk	2.34	107	461	238	69.2	1.3	0.0	0.0	64.8	92.5	23.7
B	Low risk	2.05	1,175	1,121	410	59.9	29.0	2.9	0.8	57.5	78.7	9.3
C	Moderate risk	3.04	1,861	636	547	36.6	17.6	18.9	1.6	28.0	93.0	8.9
D	Other	4.80	2,639	802	236	85.5	56.4	18.7	0.4	67.7	97.6	8.2
					Months
6.	More than 365 days	2.96	11,508	1,020	38	29.1	24.0	8.9	0.3	22.9	92.8	11.8
A	Minimal risk	3.09	233	322	46	50.6	0.1	5.3	0.0	3.6	95.2	8.9
B	Low risk	2.39	3,481	2,306	29	20.8	24.9	4.1	0.0	8.6	92.9	16.2
C	Moderate risk	2.92	4,225	1,127	42	25.6	25.7	13.1	0.2	22.5	90.7	11.4
D	Other	4.51	798	228	48	74.4	32.1	32.9	1.8	57.7	82.6	7.4
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	4.02	3,052	3.3	139	92.7	5.0	39.8	2.2	17.5	78.7	8.0
8.	100 - 999	3.66	10,562	3.3	146	85.2	13.5	39.2	0.9	25.6	82.8	11.4
9.	1,000 - 9,999	2.89	22,589	3.2	141	61.6	27.6	20.5	0.1	56.3	91.2	16.2
10.	10,000+	2.23	83,853	2.9	116	54.4	45.9	2.5	0.0	42.7	76.9	9.0
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.26	12,064	3.4	112	76.7	9.9	241	0.9	41.9	91.1	12.8
12.	Other	2.33	107,992	3.0	125	57.5	41.8	1,390	0.1	43.3	78.9	10.5

2. Commercial and industrial loans made by domestic banks 1

Maturity/repricing interval 2 and risk 3 of loans		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average maturity 5	Percent of value of loans					Commitment status
Maturity/repricing interval 2 and risk 3 of loans		Weighted- average effective loan rate 4 (percent)	Total value of loans ($ millions)	Average loan size ($ thousands)	Weighted- average maturity 5	Secured by collateral	Subject to prepayment penalty	Prime based	SBA backed 6	Made under participation or syndication 7	Percent made under commitment	Average months since loan terms set 8
					Days
1.	All C&I loans	3.08	71,495	575	1,172	71.8	10.4	14.5	0.2	59.7	94.3	11.4
A	Minimal risk	2.94	1,276	285	671	71.5	5.6	22.3	0.1	21.4	65.4	14.1
B	Low risk	2.51	10,824	757	794	41.2	12.1	11.0	0.1	35.0	87.0	15.7
C	Moderate risk	2.93	19,886	461	922	56.9	15.6	19.5	0.3	47.6	95.8	13.2
D	Other	3.71	23,508	471	1,595	90.5	11.3	17.4	0.3	66.8	94.4	6.8

2.	Zero interval	3.29	16,837	349	792	60.4	25.2	42.5	0.4	45.8	94.5	13.1
A	Minimal risk	2.47	434	677	459	56.0	4.4	39.2	0.3	30.4	82.7	14.6
B	Low risk	2.56	2,875	690	889	38.5	20.2	26.9	0.1	60.1	80.3	12.6
C	Moderate risk	3.20	6,989	374	815	54.9	25.9	42.8	0.2	45.9	98.4	13.3
D	Other	3.80	6,072	264	764	78.0	30.3	49.8	0.7	39.2	97.6	12.9

3.	Daily	2.57	1,961	441	745	93.9	1.8	23.8	0.1	69.2	99.3	25.3
A	Minimal risk	3.02	41	384	649	59.2	3.1	70.9	0.0	1.5	100.0	26.6
B	Low risk	2.31	604	546	1,053	94.6	0.2	17.6	0.0	63.7	100.0	18.4
C	Moderate risk	2.35	691	537	454	91.6	3.3	18.5	0.0	71.7	99.8	33.5
D	Other	4.17	215	144	550	98.7	4.6	65.4	1.2	49.4	98.4	9.9

4.	2 to 30 days	2.99	39,404	857	1,355	86.6	6.1	4.5	0.1	76.6	93.6	9.7
A	Minimal risk	3.34	493	175	290	91.6	10.1	14.7	0.0	19.5	29.4	7.8
B	Low risk	2.32	4,172	624	513	45.1	12.8	4.2	0.0	27.2	84.1	14.2
C	Moderate risk	2.63	7,105	456	858	74.8	11.6	3.2	0.2	66.3	92.8	12.8
D	Other	3.63	15,681	877	1,974	96.0	4.4	4.6	0.0	80.2	93.7	4.0

5.	31 to 365 days	3.09	3,965	396	577	61.8	8.9	13.6	1.3	48.5	95.2	11.7
A	Minimal risk	2.45	74	389	261	100.0	1.8	0.0	0.0	49.3	89.2	35.6
B	Low risk	2.34	610	719	359	34.8	20.8	5.6	1.6	49.0	96.1	9.5
C	Moderate risk	3.12	1,583	566	565	40.7	10.2	21.5	1.9	29.4	93.7	8.0
D	Other	3.86	852	269	566	83.5	7.1	12.2	1.3	40.7	95.6	12.8
					Months
6.	More than 365 days	3.16	9,054	820	44	27.8	4.8	4.9	0.3	16.5	95.3	12.1
A	Minimal risk	3.09	233	322	46	50.6	0.1	5.3	0.0	3.6	95.2	8.9
B	Low risk	2.85	2,561	1,732	38	26.6	2.8	3.9	0.0	9.4	94.1	21.5
C	Moderate risk	3.03	3,429	931	48	23.2	8.6	5.2	0.2	17.1	97.1	12.2
D	Other	4.44	608	177	53	82.3	10.9	15.1	2.3	47.5	80.3	6.5
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	4.02	3,035	3.3	140	92.9	4.9	39.9	2.2	17.2	78.7	8.0
8.	100 - 999	3.67	10,119	3.2	149	86.7	12.4	39.7	0.9	24.1	82.7	10.9
9.	1,000 - 9,999	2.98	17,353	3.1	155	64.8	18.8	23.3	0.1	57.9	95.9	16.3
10.	10,000+	2.91	40,987	3.3	210	69.6	6.8	2.7	0.0	72.4	97.6	9.6
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.22	10,394	3.3	69	79.0	1.9	210	1.0	35.6	90.1	12.3
12.	Other	2.88	61,101	3.2	205	70.6	11.9	816	0.1	63.8	95.0	11.2

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	3.01	67,639	729	1,182	71.2	10.9	12.1	0.1	61.5	94.6	11.8
A	Minimal risk	2.87	1,097	302	650	68.2	6.3	24.0	0.1	21.2	61.2	14.4
B	Low risk	2.47	10,367	898	788	40.5	12.6	9.6	0.0	35.5	87.2	16.1
C	Moderate risk	2.82	18,437	576	912	55.4	16.5	16.3	0.1	49.1	96.0	14.0
D	Other	3.66	22,006	614	1,642	90.2	11.9	14.0	0.2	70.0	95.0	7.0

2.	Zero interval	3.19	15,383	451	810	57.6	27.6	39.2	0.1	48.1	94.5	13.8
A	Minimal risk	2.43	427	751	463	55.3	4.4	38.7	0.3	30.6	82.5	14.8
B	Low risk	2.51	2,789	787	899	37.9	20.9	25.4	0.0	60.9	79.7	12.8
C	Moderate risk	3.12	6,465	480	837	52.4	28.0	40.5	0.0	47.3	98.3	13.9
D	Other	3.71	5,273	344	776	75.2	34.8	44.5	0.3	43.3	98.7	14.0

3.	Daily	2.27	1,703	1,169	756	94.2	1.7	14.4	0.0	73.0	99.8	27.7
A	Minimal risk	3.02	41	407	652	58.4	3.1	70.3	0.0	0.0	100.0	27.2
B	Low risk	2.20	576	900	1,069	94.6	0.2	13.5	0.0	66.8	100.0	17.9
C	Moderate risk	2.17	624	1,376	428	92.5	3.6	11.5	0.0	77.4	99.8	36.3
D	Other	3.61	94	685	603	99.0	4.0	38.3	0.0	41.4	98.0	15.0

4.	2 to 30 days	2.98	39,013	907	1,364	86.6	6.1	3.9	0.0	77.2	93.6	9.7
A	Minimal risk	3.33	485	174	281	91.5	9.9	14.1	0.0	19.8	29.1	8.0
B	Low risk	2.31	4,129	639	515	44.9	12.9	4.0	0.0	27.2	83.9	14.3
C	Moderate risk	2.61	6,993	478	864	74.4	11.8	2.2	0.1	66.9	92.9	12.9
D	Other	3.62	15,456	953	1,999	96.0	4.5	3.7	0.0	81.2	93.6	4.0

5.	31 to 365 days	2.90	3,205	543	594	64.3	10.3	6.8	0.4	55.8	95.8	13.2
A	Minimal risk	2.09	27	457	270	100.0	2.5	0.1	0.0	0.0	73.5	8.4
B	Low risk	2.37	443	1,333	456	42.5	28.7	5.7	0.3	64.5	95.3	11.9
C	Moderate risk	2.69	1,186	1,212	522	37.7	11.8	6.9	0.1	35.9	92.3	10.0
D	Other	3.72	743	371	552	82.4	7.9	9.1	1.2	44.1	98.6	14.0
					Months
6.	More than 365 days	3.00	8,063	2,141	41	20.3	4.4	1.9	0.3	13.1	98.0	13.4
A	Minimal risk	2.63	116	947	60	13.8	0.2	1.4	0.0	4.7	100.0	17.3
B	Low risk	2.77	2,428	4,321	36	22.9	2.8	0.8	0.0	7.6	96.9	22.0
C	Moderate risk	2.85	3,084	2,294	45	16.5	8.4	2.6	0.1	13.4	98.7	13.6
D	Other	4.30	359	312	45	73.1	7.8	12.9	2.6	55.2	92.9	9.8
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.72	2,221	3.3	68	93.5	6.0	29.0	1.5	13.6	75.3	9.2
8.	100 - 999	3.53	8,209	3.2	71	86.2	14.8	36.7	0.4	22.0	80.4	12.9
9.	1,000 - 9,999	2.93	16,283	3.1	123	64.9	19.7	21.4	0.0	60.4	96.8	16.9
10.	10,000+	2.91	40,927	3.3	211	69.5	6.8	2.6	0.0	72.5	97.6	9.6
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.16	8,196	3.3	24	78.1	1.8	288	0.4	39.9	89.7	14.6
12.	Other	2.86	59,443	3.2	188	70.3	12.1	924	0.1	64.5	95.3	11.4

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	4.22	3,856	123	978	82.4	3.1	57.0	2.7	27.7	88.9	4.0
A	Minimal risk	3.35	179	212	757	91.6	1.4	11.3	0.0	22.7	90.8	13.2
B	Low risk	3.34	458	166	943	55.6	1.1	41.8	2.2	23.7	82.5	5.7
C	Moderate risk	4.32	1,449	130	1,046	75.8	4.1	59.0	4.0	27.8	94.1	2.9
D	Other	4.42	1,502	106	850	95.5	3.4	67.8	2.4	19.7	86.5	4.0

2.	Zero interval	4.27	1,454	103	563	90.2	0.4	77.6	2.8	21.4	94.6	5.4
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	3.91	87	139	357	59.7	0.0	73.5	1.6	32.1	99.7	6.5
C	Moderate risk	4.18	524	100	460	85.4	0.1	70.5	2.2	28.2	99.3	6.3
D	Other	4.40	799	104	666	96.1	0.7	85.3	3.4	12.2	90.7	4.7

3.	Daily	4.56	257	86	673	91.4	2.6	86.4	1.0	44.1	96.0	8.4
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	4.54	28	61	276	96.2	0.0	100.0	0.0	1.9	100.0	29.9
C	Moderate risk	4.06	67	81	715	83.6	1.0	84.2	0.1	19.4	99.2	7.4
D	Other	4.61	121	90	518	98.5	5.0	86.4	2.1	55.6	98.7	6.1

4.	2 to 30 days	3.83	391	133	399	91.5	1.1	59.9	3.3	16.9	94.5	4.3
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	3.03	43	189	213	65.5	3.0	23.6	0.0	28.3	100.0	3.4
C	Moderate risk	3.83	112	120	487	96.2	1.3	61.0	10.9	25.7	88.8	4.0
D	Other	3.99	224	135	377	93.6	0.1	67.4	0.3	9.6	97.8	4.7

5.	31 to 365 days	3.90	760	185	503	51.1	3.1	42.5	5.2	17.5	92.9	5.3
A	Minimal risk	2.66	47	358	255	100.0	1.4	0.0	0.0	78.1	98.3	47.5
B	Low risk	2.25	167	323	100	14.3	0.0	5.5	5.1	7.6	98.2	3.4
C	Moderate risk	4.41	397	219	694	49.7	5.4	65.1	7.4	9.7	97.8	2.1
D	Other	4.79	108	93	664	90.9	1.3	32.9	1.6	17.2	74.6	1.9
					Months
6.	More than 365 days	4.46	991	136	67	89.1	7.8	29.3	0.9	44.7	73.5	-1.7
A	Minimal risk	3.54	117	195	32	87.2	0.0	9.1	0.0	2.5	90.4	-0.3
B	Low risk	4.18	133	145	77	92.7	2.7	60.0	0.0	41.6	42.4	0.8
C	Moderate risk	4.64	346	148	73	83.1	10.2	29.2	1.2	50.4	82.7	-3.7
D	Other	4.63	249	109	64	95.6	15.4	18.3	1.9	36.5	62.0	-0.4
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	4.85	815	3.5	326	91.6	2.1	69.6	4.2	27.0	88.1	5.2
8.	100 - 999	4.28	1,910	3.3	479	88.5	2.5	52.7	3.2	33.3	93.0	3.7
9.	1,000 - 9,999	3.69	1,070	3.0	635	63.6	5.0	52.6	0.7	19.7	81.7	3.9
10.	10,000+	...	...	...	...	...	...	...	...	...	...	...
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.46	2,198	3.5	238	82.1	2.0	105	3.1	19.2	92.0	3.9
12.	Other	3.91	1,658	3.0	807	82.8	4.4	158	2.1	38.9	84.9	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	1.72	48,561	14,129	182	41.1	80.0	3.4	0.0	18.8	59.3	9.3
A	Minimal risk	1.85	367	2,713	562	9.2	40.4	0.0	0.0	59.5	100.0	2.6
B	Low risk	1.16	18,577	23,705	112	23.0	86.4	0.5	0.0	11.6	83.1	7.0
C	Moderate risk	1.41	18,790	19,115	187	48.3	85.8	3.7	0.0	14.1	26.9	11.6
D	Other	2.94	9,056	6,409	256	56.7	52.8	9.6	0.0	36.8	67.8	13.0

2.	Zero interval	4.83	726	1,351	1,135	48.8	0.9	57.7	0.0	62.2	100.0	23.3
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	4.19	101	3,649	942	15.4	0.0	42.4	0.0	96.3	100.0	23.6
C	Moderate risk	4.73	170	1,312	1,248	53.5	0.0	63.4	0.0	59.6	100.0	24.1
D	Other	5.10	422	1,186	1,141	56.0	0.0	61.6	0.0	52.2	100.0	22.6

3.	Daily	1.11	28,044	53,155	18	38.8	85.7	0.0	0.0	3.3	41.0	8.1
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	1.02	12,502	102,849	6	16.1	89.4	0.0	0.0	0.7	81.5	7.3
C	Moderate risk	1.11	13,148	73,985	29	55.6	92.3	0.0	0.0	4.9	6.5	9.9
D	Other	1.58	2,394	10,484	21	65.5	29.9	0.0	0.0	8.6	18.6	21.8

4.	2 to 30 days	1.93	13,646	8,332	425	35.2	70.7	1.9	0.0	34.2	81.4	10.7
A	Minimal risk	1.71	319	4,100	566	7.8	46.5	0.0	0.0	53.5	100.0	1.2
B	Low risk	1.44	4,489	11,123	356	38.3	85.9	0.0	0.0	34.4	89.1	6.9
C	Moderate risk	1.93	4,398	9,161	558	30.9	68.9	4.7	0.0	33.7	74.3	12.0
D	Other	2.45	4,264	6,556	343	39.7	57.4	1.3	0.0	30.4	78.3	14.5

5.	31 to 365 days	4.58	3,692	7,404	160	83.9	76.8	10.8	0.0	51.9	92.4	5.2
A	Minimal risk	2.11	33	778	190	0.6	0.0	0.0	0.0	99.4	100.0	0.0
B	Low risk	1.73	565	2,826	465	86.9	37.8	0.0	0.0	66.8	59.8	8.7
C	Moderate risk	2.55	278	2,122	443	13.1	60.0	3.8	0.0	20.5	89.4	14.5
D	Other	5.24	1,787	14,928	80	86.5	79.9	21.8	0.0	80.5	98.6	6.1
					Months
6.	More than 365 days	2.24	2,454	10,384	16	33.9	94.8	23.8	0.0	46.6	83.4	10.5
A	Minimal risk	...	...	...	...	...	...	...	...	...	...	...
B	Low risk	1.12	919	29,794	2	4.6	86.6	4.6	0.0	6.2	89.6	0.7
C	Moderate risk	2.48	796	12,287	15	35.9	99.3	46.8	0.0	46.0	63.3	6.2
D	Other	4.75	190	3,203	32	48.8	99.9	89.9	0.0	90.2	90.3	9.7
Size of loan ($ thousands)				Weighted- average risk rating 3	Weighted- average maturity/ repricing interval 2 (days)
7.	10 - 99	3.30	16	2.6	61	45.2	8.7	18.6	0.0	62.1	84.6	13.8
8.	100 - 999	3.32	443	3.3	65	52.2	37.5	27.4	0.0	60.6	84.1	22.0
9.	1,000 - 9,999	2.60	5,236	3.4	96	50.8	56.4	11.1	0.0	50.9	75.6	16.1
10.	10,000+	1.59	42,866	2.7	25	39.9	83.3	2.3	0.0	14.4	57.0	8.0
Base rate of loan 9								Average loan size ($ thousands)
11.	Prime 10	4.52	1,670	3.5	382	62.6	60.1	2,948	0.0	81.3	97.3	15.9
12.	Other	1.62	46,891	2.8	21	40.4	80.7	16,335	0.0	16.5	57.9	8.9

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	2.57	49,433	1,203	3.3	114	69.1	38.0	4.9	0.1	39.5
A	Not under commitment	1.55	23,863	1,014	3.0	38	61.2	62.3	4.5	0.0	4.0
B	Informal commitment	3.27	1,246	184	3.0	312	72.3	24.6	27.2	1.0	29.0
C	Formal commitment	3.54	24,323	2,253	3.6	178	76.7	14.9	4.2	0.1	74.8
2.	Before survey week 11
A	Up to 90 days	2.48	10,134	534	2.9	82	39.9	51.6	14.2	0.5	37.4
B	91 to 365 days	2.30	34,592	756	2.7	136	42.8	50.3	13.2	0.2	36.0
C	More than 365 days	2.77	25,898	1,184	3.1	143	70.7	18.9	14.0	0.1	62.0

Domestic banks
3.	During survey week	3.45	25,484	640	3.5	213	81.2	2.5	9.2	0.1	67.8
A	Not under commitment	3.53	4,079	180	2.8	205	82.7	5.1	25.1	0.3	18.2
B	Informal commitment	3.90	958	142	3.1	404	94.0	1.9	35.4	1.3	36.9
C	Formal commitment	3.42	20,448	1,977	3.7	206	80.3	2.1	4.8	0.1	79.2
4.	Before survey week 11
A	Up to 90 days	3.09	5,763	312	3.1	131	59.0	19.2	24.0	0.9	39.0
B	91 to 365 days	2.91	18,912	417	3.1	209	62.6	15.3	18.9	0.4	51.2
C	More than 365 days	2.78	21,336	1,034	3.1	146	72.2	13.2	14.5	0.1	63.2

Large domestic banks
5.	During survey week	3.38	23,350	897	3.5	160	81.6	2.4	5.3	0.1	71.6
A	Not under commitment	3.40	3,652	191	2.7	88	82.5	4.7	23.2	0.2	17.6
B	Informal commitment	3.39	382	220	3.5	134	97.4	0.0	4.3	1.5	50.4
C	Formal commitment	3.37	19,316	3,732	3.7	174	81.1	2.0	1.9	0.0	82.3
6.	Before survey week 11
A	Up to 90 days	2.98	5,251	380	3.1	119	56.6	20.6	19.8	0.4	40.3
B	91 to 365 days	2.84	17,921	518	3.0	219	61.1	16.1	16.5	0.1	52.4
C	More than 365 days	2.77	21,117	1,146	3.1	147	72.0	13.4	14.1	0.1	63.3

Small domestic banks
7.	During survey week	4.26	2,134	155	3.1	788	77.2	4.2	51.9	0.7	26.0
A	Not under commitment	4.57	427	119	3.3	1,205	84.9	8.2	41.4	0.5	23.2
B	Informal commitment	4.24	576	115	2.8	578	91.8	3.2	56.0	1.1	28.0
C	Formal commitment	4.16	1,132	219	3.1	738	66.9	3.3	53.7	0.6	26.0
8.	Before survey week 11
A	Up to 90 days	4.25	512	109	3.6	255	84.0	4.4	67.1	6.2	25.8
B	91 to 365 days	4.19	991	92	3.5	33	91.1	0.5	62.8	5.5	28.0
C	More than 365 days	3.94	219	99	2.9	70	90.4	0.6	57.2	0.7	47.3

Foreign banks
9.	During survey week	1.63	23,949	18,508	3.0	9	56.2	75.8	0.4	0.0	9.3
A	Not under commitment	1.14	19,785	24,401	3.0	4	56.8	74.1	0.2	0.0	1.0
B	Informal commitment	1.15	289	10,401	2.7	9	0.3	99.7	0.1	0.0	2.9
C	Formal commitment	4.18	3,875	8,509	3.4	34	57.7	82.4	1.2	0.0	52.1
10.	Before survey week 11
A	Up to 90 days	1.69	4,371	9,151	2.7	18	14.7	94.4	1.2	0.0	35.2
B	91 to 365 days	1.55	15,680	35,441	2.3	48	18.9	92.5	6.3	0.0	17.7
C	More than 365 days	2.75	4,562	3,730	3.3	127	63.8	45.4	11.9	0.0	56.4

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	5.42	172	64	3.4	493	88.4	19.0	60.0	38.2
2.	Domestic banks	5.42	172	64	3.4	493	88.4	19.0	60.0	38.2
3.	Large domestic banks	5.91	68	50	3.7	1,041	78.6	14.7	50.5	0.0
4.	Small domestic banks	5.10	104	79	3.3	133	94.9	21.7	66.2	63.3
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	3.08	51,797	1,953	3.4	82	78.6	20.9	9.8	0.1
2.	Domestic banks	3.05	42,684	1,723	3.4	68	82.2	8.8	8.7	0.2
3.	Large domestic banks	3.01	41,617	2,501	3.4	50	81.9	9.0	7.9	0.0
4.	Small domestic banks	4.39	1,067	131	3.2	782	94.4	0.6	39.6	6.2
5.	Foreign banks	3.21	9,113	5,200	3.1	144	61.9	77.6	14.9	0.0

Summary statistics		All commercial banks	Domestic banks	Large domestic banks	Small domestic banks	Foreign banks
1.	Average reported prime rate	3.75	3.76	3.75	3.81	3.64
2.	Standard error of loan rate	.21	.10	.09	.12	.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 December 31, 2016 , assets of the large banks were at least $5.5 billion. Median total assets for all insured banks were roughly $202 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.