Freedom of Information Act (FOIA) Service Center Website Policies USA.gov
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| Top 100 Banks and Thrifts - Use this selection to quickly obtain a list of the largest FDIC-insured institutions according to their total assets. Use most recent or historical reporting dates to identify the impact of mergers and other events. Agricultural Banks - An institution with agricultural loans totaling at least 25% of total loans. Banks Headquartered in the U.S. with Foreign Offices - Commercial banks that file a FFIEC 031 Call Report as required for those institutions with both domestic and foreign offices. Banks Directly Owned by Another Bank - Beginning in March 1997, both the Thrift Financial Reports and Call Reports are completed on a fully consolidated basis. Previously, the consolidation of subsidiary depository institutions was prohibited. Now, parent institutions are required to file consolidated reports, while their subsidiary financial institutions are still required to file separate reports. Trust Powers Granted Institutions that have been granted trust powers by a state or national regulatory authority to administer accounts in a fiduciary capacity. Fiduciary capacity generally means: trustee, executor, administrator, registrar of stocks and bonds, transfer agent, guardian, assignee, receiver, custodian under a uniform gifts to minors act, investment advisor, any capacity in which the institution possesses investment discretion on behalf of another, or any similar capacity. Trust or Related Activity Beyond having granted and exercised trust powers, institutions that have fiduciary assets accounts, income, or other reportable fiduciary related service. Credit Card Institutions - Institutions with total loans greater than 50% of total assets and credit card loans greater than 50% of total loans, including loans that have been securitized and sold. Federal Charter - Nationally chartered commercial banks or OTS chartered savings associations Institutions with Interstate Branches - Institutions that have branches in more than one state that can accept deposits insured by the FDIC. Mutual (non-stock) Savings Institution - A non-stock institution owned and controlled by its depositors. A mutual does not issue capital stock. All commercial banks issue stock and are not mutuals. State Charter - FDIC-insured, state chartered banks that are either members or non-members of the Federal Reserve System Stock Held Institution - A stock institution sells stock to raise capital. It is owned by the shareholders who benefit from profits earned by the institution. Subchapter S Corporations - The Small Business Job Protection Act of 1996 changed the Internal Revenue Code to allow financial institutions to elect Subchapter S corporation status, beginning in 1997. A Subchapter S corporation is treated as a pass-through entity, similar to a partnership, for federal income tax purposes. It is generally not subject to any federal income taxes at the corporate level. Its taxable income flows through to its shareholders in proportion to their stock ownership, and the shareholders generally pay federal income taxes on their share of this taxable income. This can have the effect of reducing institutions' reported taxes and increasing their after-tax earnings. The election of Subchapter S status may result in an increase in shareholders' personal tax liability. Therefore, some S corporations may increase the amount of earnings distributed as dividends to compensate for higher personal taxes. |
| Last Updated: 2/8/2008 | Questions, Suggestions & Requests |
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