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Quarterly Banking Profile
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| Table VII-A Servicing, Securitization and Asset Sales Activities, All FDIC-Insured Commercial Banks and State Chartered Savings Banks | |||||||||||
| (dollar figures in millions) |
2nd Quarter 2009 |
1st Quarter 2009 |
4th Quarter 2008 |
3rd Quarter 2008 |
2nd Quarter 2008 |
% Change 08Q2-09Q2 |
Asset Size Distribution | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Less Than $100 Million |
$100 Million To $1 Billion |
$1 Billion To $10 Billion |
Greater Than $10 Billion |
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| Assets Securitized and Sold with Servicing Retained or with Recourse or Other Seller-Provided Credit Enhancements | |||||||||||
| Number of institutions reporting securitization activities | 143 | 132 | 132 | 128 | 130 | 10.0 | 16 | 62 | 25 | 40 | |
| Outstanding Principal Balance by Asset Type | |||||||||||
| 1-4 family residential loans | $1,222,450 | $1,234,585 | $1,256,021 | $1,217,682 | $1,087,215 | 12.4 | $154 | $835 | $2,360 | $1,219,101 | |
| Home equity loans | 6,594 | 6,595 | 6,692 | 6,880 | 7,822 | -15.7 | 0 | 0 | 46 | 6,548 | |
| Credit card receivables | 397,918 | 399,113 | 398,261 | 417,832 | 409,883 | -2.9 | 0 | 3,304 | 11,863 | 382,751 | |
| Auto loans | 10,266 | 11,230 | 12,040 | 13,842 | 6,224 | 64.9 | 0 | 0 | 100 | 10,166 | |
| Other consumer loans | 26,006 | 26,692 | 27,427 | 28,090 | 28,870 | -9.9 | 0 | 0 | 0 | 26,006 | |
| Commercial and industrial loans | 9,019 | 8,317 | 9,705 | 11,080 | 12,491 | -27.8 | 0 | 4 | 3,365 | 5,650 | |
| All other loans, leases, and other assets* | 193,380 | 197,693 | 198,471 | 197,010 | 194,756 | -0.7 | 53 | 103 | 145 | 193,079 | |
| Total securitized and sold | 1,865,634 | 1,884,227 | 1,908,617 | 1,892,416 | 1,747,262 | 6.8 | 207 | 4,247 | 17,879 | 1,843,301 | |
| Maximum Credit Exposure by Asset Type | |||||||||||
| 1-4 family residential loans | 6,046 | 6,279 | 6,892 | 7,514 | 7,121 | -15.1 | 4 | 16 | 0 | 6,026 | |
| Home equity loans | 1,063 | 1,120 | 1,247 | 1,347 | 1,527 | -30.4 | 0 | 0 | 0 | 1,063 | |
| Credit card receivables | 129,373 | 39,100 | 23,228 | 24,039 | 23,129 | 459.4 | 0 | 482 | 1,681 | 127,210 | |
| Auto loans | 722 | 912 | 707 | 447 | 352 | 105.1 | 0 | 0 | 7 | 715 | |
| Other consumer loans | 1,399 | 1,429 | 1,532 | 1,428 | 1,417 | -1.3 | 0 | 0 | 0 | 1,399 | |
| Commercial and industrial loans | 184 | 367 | 137 | 170 | 311 | -40.8 | 0 | 0 | 0 | 184 | |
| All other loans, leases, and other assets | 299 | 301 | 612 | 714 | 1,128 | -73.5 | 1 | 19 | 2 | 277 | |
| Total credit exposure | 139,087 | 49,509 | 34,355 | 35,660 | 34,984 | 297.6 | 5 | 517 | 1,691 | 136,873 | |
| Total unused liquidity commitments provided to institution's own securitizations | 378 | 397 | 830 | 1,273 | 1,902 | -80.1 | 0 | 0 | 0 | 378 | |
| Securitized Loans, Leases, and Other Assets 30-89 Days Past Due (%) | |||||||||||
| 1-4 family residential loans | 4.3 | 4.1 | 4.4 | 3.8 | 2.8 | 1.9 | 0.4 | 2.1 | 4.3 | ||
| Home equity loans | 0.8 | 1.1 | 1.4 | 1.3 | 0.6 | 0.0 | 0.0 | 6.2 | 0.8 | ||
| Credit card receivables | 2.6 | 3.0 | 2.9 | 2.5 | 2.1 | 0.0 | 1.6 | 1.8 | 2.7 | ||
| Auto loans | 2.2 | 2.0 | 2.5 | 2.1 | 2.2 | 0.0 | 0.0 | 0.7 | 2.2 | ||
| Other consumer loans | 2.9 | 3.1 | 3.9 | 3.2 | 2.7 | 0.0 | 0.0 | 0.0 | 2.9 | ||
| Commercial and industrial loans | 2.6 | 3.1 | 2.6 | 1.6 | 1.3 | 0.0 | 8.3 | 5.9 | 0.6 | ||
| All other loans, leases, and other assets | 1.9 | 0.6 | 0.6 | 0.2 | 0.3 | 0.0 | 0.0 | 0.0 | 1.9 | ||
| Total loans, leases, and other assets | 3.7 | 3.5 | 3.7 | 3.1 | 2.3 | 1.4 | 1.4 | 2.6 | 3.7 | ||
| Securitized Loans, Leases, and Other Assets 90 Days or More Past Due (%) | |||||||||||
| 1-4 family residential loans | 6.6 | 5.8 | 4.5 | 3.2 | 1.9 | 1.4 | 0.5 | 1.2 | 6.6 | ||
| Home equity loans | 0.9 | 1.4 | 1.2 | 0.7 | 0.7 | 0.0 | 0.0 | 6.0 | 0.8 | ||
| Credit card receivables | 2.9 | 3.0 | 2.5 | 2.1 | 2.1 | 0.0 | 1.3 | 1.8 | 2.9 | ||
| Auto loans | 0.2 | 0.2 | 0.3 | 0.2 | 0.3 | 0.0 | 0.0 | 0.1 | 0.2 | ||
| Other consumer loans | 3.3 | 3.5 | 3.7 | 2.9 | 2.4 | 0.0 | 0.0 | 0.0 | 3.3 | ||
| Commercial and industrial loans | 1.3 | 3.1 | 2.1 | 1.5 | 1.3 | 0.0 | 13.2 | 2.2 | 0.8 | ||
| All other loans, leases, and other assets | 1.6 | 1.1 | 0.4 | 0.2 | 0.2 | 0.8 | 0.0 | 0.0 | 1.6 | ||
| Total loans, leases, and other assets | 5.2 | 4.6 | 3.6 | 2.6 | 1.8 | 1.2 | 1.2 | 1.8 | 5.2 | ||
| Securitized Loans, Leases, and Other Assets Charged-Off (net, YTD, annualized, %) | |||||||||||
| 1-4 family residential loans | 0.5 | 0.2 | 0.3 | 0.3 | 0.1 | 0.0 | 0.0 | 0.1 | 0.5 | ||
| Home equity loans | 0.9 | 0.6 | 0.1 | 0.4 | 0.2 | 0.0 | 0.0 | 3.5 | 0.9 | ||
| Credit card receivables | 4.8 | 2.1 | 6.4 | 4.4 | 2.8 | 0.0 | 3.3 | 3.0 | 4.9 | ||
| Auto loans | 1.1 | 0.8 | 0.8 | 1.3 | 0.9 | 0.0 | 0.0 | 0.2 | 1.1 | ||
| Other consumer loans | 0.5 | 0.2 | 0.8 | 0.6 | 0.4 | 0.0 | 0.0 | 0.0 | 0.5 | ||
| Commercial and industrial loans | 6.9 | 2.6 | 5.9 | 3.6 | 1.9 | 0.0 | 0.0 | 17.3 | 0.6 | ||
| All other loans, leases, and other assets | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||
| Total loans, leases, and other assets | 1.4 | 0.6 | 1.6 | 1.2 | 0.7 | 0.0 | 2.5 | 5.2 | 1.3 | ||
| Seller's Interests in Institution's Own Securitizations - Carried as Loans | |||||||||||
| Home equity loans | 134 | 165 | 124 | 166 | 435 | -69.2 | 0 | 0 | 0 | 134 | |
| Credit card receivables | 68,128 | 77,212 | 113,017 | 98,826 | 82,604 | -17.5 | 0 | 322 | 3,867 | 63,938 | |
| Commercial and industrial loans | 451 | 450 | 436 | 636 | 3,506 | -87.1 | 0 | 0 | 295 | 156 | |
| Seller's Interests in Institution's Own Securitizations - Carried as Securities | |||||||||||
| Home equity loans | 4 | 5 | 5 | 6 | 7 | -42.9 | 0 | 0 | 0 | 4 | |
| Credit card receivables | 594 | 556 | 584 | 623 | 403 | 47.4 | 0 | 3 | 592 | 0 | |
| Commercial and industrial loans | 0 | 0 | 16 | 15 | 1 | -100.0 | 0 | 0 | 0 | 0 | |
| Assets Sold with Recourse and Not Securitized | |||||||||||
| Number of institutions reporting asset sales | 821 | 815 | 795 | 786 | 776 | 5.8 | 161 | 499 | 116 | 45 | |
| Outstanding Principal Balance by Asset Type | |||||||||||
| 1-4 family residential loans | 69,597 | 69,811 | 70,660 | 73,001 | 65,959 | 5.5 | 1,202 | 9,929 | 4,589 | 53,878 | |
| Home equity, credit card receivables, auto, and other consumer loans | 1,160 | 1,348 | 1,477 | 1,611 | 1,786 | -35.1 | 0 | 31 | 12 | 1,117 | |
| Commercial and industrial loans | 3,195 | 6,028 | 6,698 | 7,314 | 4,794 | -33.4 | 1 | 60 | 8 | 3,126 | |
| All other loans, leases, and other assets | 47,558 | 46,438 | 46,254 | 45,203 | 33,191 | 43.3 | 0 | 98 | 178 | 47,283 | |
| Total sold and not securitized | 121,511 | 123,625 | 125,088 | 127,129 | 105,730 | 14.9 | 1,203 | 10,118 | 4,786 | 105,403 | |
| Maximum Credit Exposure by Asset Type | |||||||||||
| 1-4 family residential loans | 14,917 | 15,198 | 15,290 | 15,586 | 14,543 | 2.6 | 121 | 2,118 | 2,838 | 9,841 | |
| Home equity, credit card receivables, auto, and other consumer loans | 113 | 183 | 189 | 203 | 240 | -52.9 | 0 | 7 | 3 | 102 | |
| Commercial and industrial loans | 2,224 | 4,995 | 5,617 | 6,180 | 3,614 | -38.5 | 1 | 50 | 8 | 2,166 | |
| All other loans, leases, and other assets | 10,009 | 9,790 | 9,528 | 9,312 | 8,541 | 17.2 | 0 | 44 | 59 | 9,907 | |
| Total credit exposure | 27,263 | 30,166 | 30,625 | 31,280 | 26,937 | 1.2 | 122 | 2,219 | 2,908 | 22,015 | |
| Support for Securitization Facilities Sponsored by Other Institutions | |||||||||||
| Number of institutions reporting securitization facilities sponsored by others | 59 | 55 | 51 | 49 | 47 | 25.5 | 21 | 28 | 5 | 5 | |
| Total credit exposure | 3,808 | 2,131 | 3,319 | 6,050 | 12,668 | -69.9 | 10 | 57 | 14 | 3,726 | |
| Total unused liquidity commitments | 475 | 936 | 1,416 | 3,531 | 5,492 | -91.4 | 0 | 0 | 0 | 475 | |
| Other | |||||||||||
| Assets serviced for others** | 5,880,038 | 5,683,430 | 5,615,123 | 5,528,963 | 3,921,914 | 49.9 | 4,299 | 72,657 | 95,231 | 5,707,851 | |
| Asset-backed commercial paper conduits | |||||||||||
| Credit exposure to conduits sponsored by institutions and others | 20,210 | 22,981 | 23,064 | 20,830 | 21,083 | -4.1 | 5 | 0 | 455 | 19,751 | |
| Unused liquidity commitments to conduits sponsored by institutions and others | 210,026 | 273,542 | 297,908 | 311,683 | 339,007 | -38.0 | 0 | 0 | 0 | 210,026 | |
| Net servicing income (for the quarter) | 10,858 | 5,947 | -336 | 4,110 | 7,280 | 49.1 | 9 | 188 | 307 | 10,354 | |
| Net securitization income (for the quarter) | -142 | 2,124 | 2,393 | 3,120 | 4,206 | -103.4 | 0 | 48 | 62 | -252 | |
| Total credit exposure to Tier 1 capital (%)*** | 15.7 | 7.7 | 6.8 | 7.4 | 7.3 | 0.7 | 2.2 | 3.4 | 20.2 | ||
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*Line item titled "All other loans and all leases" for quarters prior to March 31, 2006. **The amount of financial assets serviced for others, other than closed-end 1-4 family residential mortgages, is reported when these assets are greater than $10 million. ***Total credit exposure includes the sum of the three line items titled "Total credit exposure" reported above. |
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| Last Updated 8/27/2009 | Questions, Suggestions & Requests |
