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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) |
3rd Quarter 2009 |
2nd Quarter 2009 |
1st Quarter 2009 |
4th Quarter 2008 |
3rd Quarter 2008 |
% Change 08Q3-09Q3 |
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 | 145 | 140 | 132 | 132 | 128 | 13.3 | 18 | 62 | 26 | 39 | |
| Outstanding Principal Balance by Asset Type | |||||||||||
| 1-4 family residential loans | $1,225,632 | $1,222,173 | $1,234,585 | $1,256,021 | $1,217,682 | 0.7 | $211 | $855 | $2,250 | $1,222,316 | |
| Home equity loans | 6,205 | 6,594 | 6,595 | 6,692 | 6,880 | -9.8 | 0 | 0 | 44 | 6,162 | |
| Credit card receivables | 391,417 | 397,918 | 399,113 | 398,261 | 417,832 | -6.3 | 0 | 3,499 | 9,539 | 378,379 | |
| Auto loans | 8,277 | 10,266 | 11,230 | 12,040 | 13,842 | -40.2 | 0 | 0 | 97 | 8,180 | |
| Other consumer loans | 25,335 | 26,006 | 26,692 | 27,427 | 28,090 | -9.8 | 0 | 0 | 0 | 25,335 | |
| Commercial and industrial loans | 8,435 | 9,019 | 8,317 | 9,705 | 11,080 | -23.9 | 0 | 6 | 2,819 | 5,610 | |
| All other loans, leases, and other assets* | 192,116 | 193,377 | 197,693 | 198,471 | 197,010 | -2.5 | 52 | 85 | 187 | 191,792 | |
| Total securitized and sold | 1,857,417 | 1,865,353 | 1,884,227 | 1,908,617 | 1,892,416 | -1.8 | 263 | 4,445 | 14,935 | 1,837,773 | |
| Maximum Credit Exposure by Asset Type | |||||||||||
| 1-4 family residential loans | 6,066 | 6,046 | 6,279 | 6,892 | 7,514 | -19.3 | 4 | 8 | 0 | 6,054 | |
| Home equity loans | 1,006 | 1,063 | 1,120 | 1,247 | 1,347 | -25.3 | 0 | 0 | 0 | 1,006 | |
| Credit card receivables | 136,043 | 129,373 | 39,100 | 23,228 | 24,039 | 465.9 | 0 | 606 | 1,897 | 133,541 | |
| Auto loans | 745 | 722 | 912 | 707 | 447 | 66.7 | 0 | 0 | 8 | 737 | |
| Other consumer loans | 1,434 | 1,399 | 1,429 | 1,532 | 1,428 | 0.4 | 0 | 0 | 0 | 1,434 | |
| Commercial and industrial loans | 274 | 184 | 367 | 137 | 170 | 61.2 | 0 | 0 | 94 | 180 | |
| All other loans, leases, and other assets | 333 | 299 | 301 | 612 | 714 | -53.4 | 1 | 4 | 51 | 277 | |
| Total credit exposure | 145,901 | 139,087 | 49,509 | 34,355 | 35,660 | 309.1 | 5 | 619 | 2,049 | 143,228 | |
| Total unused liquidity commitments provided to institution's own securitizations | 358 | 378 | 397 | 830 | 1,273 | -71.9 | 0 | 0 | 0 | 358 | |
| Securitized Loans, Leases, and Other Assets 30-89 Days Past Due (%) | |||||||||||
| 1-4 family residential loans | 4.6 | 4.3 | 4.1 | 4.4 | 3.8 | 2.8 | 0.3 | 2.2 | 4.6 | ||
| Home equity loans | 1.3 | 0.8 | 1.1 | 1.4 | 1.3 | 0.0 | 0.0 | 5.2 | 1.2 | ||
| Credit card receivables | 2.9 | 2.6 | 3.0 | 2.9 | 2.5 | 0.0 | 1.8 | 2.2 | 2.9 | ||
| Auto loans | 2.4 | 2.2 | 2.0 | 2.5 | 2.1 | 0.0 | 0.0 | 0.6 | 2.5 | ||
| Other consumer loans | 3.6 | 2.9 | 3.1 | 3.9 | 3.2 | 0.0 | 0.0 | 0.0 | 3.6 | ||
| Commercial and industrial loans | 2.9 | 2.6 | 3.1 | 2.6 | 1.6 | 0.0 | 0.0 | 7.4 | 0.6 | ||
| All other loans, leases, and other assets | 1.2 | 1.9 | 0.6 | 0.6 | 0.2 | 0.8 | 0.0 | 0.3 | 1.2 | ||
| Total loans, leases, and other assets | 3.9 | 3.7 | 3.5 | 3.7 | 3.1 | 2.4 | 1.5 | 3.1 | 3.9 | ||
| Securitized Loans, Leases, and Other Assets 90 Days or More Past Due (%) | |||||||||||
| 1-4 family residential loans | 7.5 | 6.6 | 5.8 | 4.5 | 3.2 | 1.2 | 0.6 | 1.9 | 7.5 | ||
| Home equity loans | 1.8 | 0.9 | 1.4 | 1.2 | 0.7 | 0.0 | 0.0 | 4.4 | 1.8 | ||
| Credit card receivables | 2.6 | 2.9 | 3.0 | 2.5 | 2.1 | 0.0 | 1.4 | 1.9 | 2.7 | ||
| Auto loans | 0.3 | 0.2 | 0.2 | 0.3 | 0.2 | 0.0 | 0.0 | 0.1 | 0.3 | ||
| Other consumer loans | 3.6 | 3.3 | 3.5 | 3.7 | 2.9 | 0.0 | 0.0 | 0.0 | 3.6 | ||
| Commercial and industrial loans | 1.2 | 1.3 | 3.1 | 2.1 | 1.5 | 0.0 | 0.0 | 2.3 | 0.7 | ||
| All other loans, leases, and other assets | 3.7 | 1.6 | 1.1 | 0.4 | 0.2 | 0.0 | 0.0 | 0.0 | 3.8 | ||
| Total loans, leases, and other assets | 5.9 | 5.2 | 4.6 | 3.6 | 2.6 | 1.0 | 1.2 | 2.0 | 6.0 | ||
| Securitized Loans, Leases, and Other Assets Charged-Off (net, YTD, annualized, %) | |||||||||||
| 1-4 family residential loans | 0.7 | 0.5 | 0.2 | 0.3 | 0.3 | 0.0 | 0.0 | 0.0 | 0.7 | ||
| Home equity loans | 1.4 | 0.9 | 0.6 | 0.1 | 0.4 | 0.0 | 0.0 | 1.8 | 1.4 | ||
| Credit card receivables | 7.6 | 4.8 | 2.1 | 6.4 | 4.4 | 0.0 | 4.6 | 5.4 | 7.7 | ||
| Auto loans | 1.9 | 1.1 | 0.8 | 0.8 | 1.3 | 0.0 | 0.0 | 0.2 | 1.9 | ||
| Other consumer loans | 0.7 | 0.5 | 0.2 | 0.8 | 0.6 | 0.0 | 0.0 | 0.0 | 0.7 | ||
| Commercial and industrial loans | 10.0 | 6.9 | 2.6 | 5.9 | 3.6 | 0.0 | 0.0 | 27.0 | 1.5 | ||
| 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 | 2.1 | 1.4 | 0.6 | 1.6 | 1.2 | 0.0 | 3.6 | 8.5 | 2.1 | ||
| Seller's Interests in Institution's Own Securitizations - Carried as Loans | |||||||||||
| Home equity loans | 396 | 134 | 165 | 124 | 166 | 138.6 | 0 | 0 | 0 | 396 | |
| Credit card receivables | 73,401 | 68,128 | 77,212 | 113,017 | 98,826 | -25.7 | 0 | 247 | 6,451 | 66,703 | |
| Commercial and industrial loans | 930 | 451 | 450 | 436 | 636 | 46.2 | 0 | 2 | 756 | 171 | |
| Seller's Interests in Institution's Own Securitizations - Carried as Securities | |||||||||||
| Home equity loans | 2 | 4 | 5 | 5 | 6 | -66.7 | 0 | 0 | 0 | 2 | |
| Credit card receivables | 788 | 594 | 556 | 584 | 623 | 26.5 | 0 | 272 | 515 | 0 | |
| Commercial and industrial loans | 0 | 0 | 0 | 16 | 15 | -100.0 | 0 | 0 | 0 | 0 | |
| Assets Sold with Recourse and Not Securitized | |||||||||||
| Number of institutions reporting asset sales | 819 | 824 | 818 | 797 | 787 | 4.1 | 158 | 498 | 117 | 46 | |
| Outstanding Principal Balance by Asset Type | |||||||||||
| 1-4 family residential loans | 66,902 | 69,854 | 70,033 | 70,682 | 73,033 | -8.4 | 1,171 | 10,160 | 4,250 | 51,321 | |
| Home equity, credit card receivables, auto, and other consumer loans | 1,024 | 1,160 | 1,348 | 1,477 | 1,611 | -36.4 | 0 | 24 | 5 | 996 | |
| Commercial and industrial loans | 2,844 | 3,195 | 6,028 | 6,698 | 7,314 | -61.1 | 1 | 62 | 21 | 2,761 | |
| All other loans, leases, and other assets | 47,967 | 47,559 | 46,438 | 46,254 | 45,203 | 6.1 | 0 | 84 | 175 | 47,708 | |
| Total sold and not securitized | 118,737 | 121,768 | 123,847 | 125,110 | 127,160 | -6.6 | 1,172 | 10,329 | 4,450 | 102,786 | |
| Maximum Credit Exposure by Asset Type | |||||||||||
| 1-4 family residential loans | 14,549 | 15,210 | 15,420 | 15,312 | 15,586 | -6.7 | 113 | 2,029 | 2,675 | 9,731 | |
| Home equity, credit card receivables, auto, and other consumer loans | 104 | 113 | 183 | 189 | 203 | -48.8 | 0 | 7 | 3 | 95 | |
| Commercial and industrial loans | 2,003 | 2,224 | 4,995 | 5,617 | 6,180 | -67.6 | 1 | 51 | 21 | 1,931 | |
| All other loans, leases, and other assets | 10,133 | 10,010 | 9,790 | 9,528 | 9,312 | 8.8 | 0 | 44 | 55 | 10,033 | |
| Total credit exposure | 26,789 | 27,557 | 30,388 | 30,647 | 31,281 | -14.4 | 114 | 2,131 | 2,753 | 21,790 | |
| Support for Securitization Facilities Sponsored by Other Institutions | |||||||||||
| Number of institutions reporting securitization facilities sponsored by others | 60 | 60 | 56 | 51 | 49 | 22.4 | 21 | 27 | 7 | 5 | |
| Total credit exposure | 4,872 | 3,812 | 2,134 | 3,319 | 6,050 | -19.5 | 11 | 43 | 21 | 4,797 | |
| Total unused liquidity commitments | 327 | 475 | 936 | 1,416 | 3,531 | -90.7 | 0 | 0 | 0 | 327 | |
| Other | |||||||||||
| Assets serviced for others** | 5,978,776 | 5,879,912 | 5,683,430 | 5,615,123 | 5,528,963 | 8.1 | 4,377 | 75,833 | 96,729 | 5,801,837 | |
| Asset-backed commercial paper conduits | |||||||||||
| Credit exposure to conduits sponsored by institutions and others | 17,658 | 20,210 | 22,981 | 23,064 | 20,830 | -15.2 | 5 | 0 | 226 | 17,427 | |
| Unused liquidity commitments to conduits sponsored by institutions and others | 182,740 | 210,026 | 273,542 | 297,908 | 311,683 | -41.4 | 0 | 0 | 0 | 182,740 | |
| Net servicing income (for the quarter) | 5,995 | 10,845 | 5,946 | -390 | 4,110 | 45.9 | 5 | 179 | 220 | 5,591 | |
| Net securitization income (for the quarter) | 1,163 | -142 | 2,124 | 2,393 | 3,120 | -62.7 | 0 | 62 | 129 | 972 | |
| Total credit exposure to Tier 1 capital (%)*** | 16.10 | 15.70 | 7.70 | 6.80 | 7.40 | 0.70 | 2.20 | 3.60 | 20.70 | ||
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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 11/24/2009 | Questions, Suggestions & Requests |
