The peer group report shows the average performance of a group of institutions with similar characteristics. Analysts use this information as a benchmark when assessing an individual institution's asset structure, liability structure, and earnings. Currently, FFIEC assigns each institution to a peer group. There are 25 Commercial Peer Groups and 4 FDIC Supervised Savings Banks Peer Groups. The peer groups serve to place all institutions of similar size, type, and location within the same peer group.
This report compiles the financial ratio averages from all peer groups along with aggregate information for the Commercial and Savings Banks Peer Groups (this results in 31 groups). FFIEC groups information by peer group in a format similar to the UBPR, displaying 5 quarters of information.
The peer group average is a weighted average calculated as follows: the numerator of the ratio is summed for all banks in the peer group and annualized if an income or expense item. Next the denominator of the ratio is summed for all banks in the peer group. Finally the weighted average ratio for the peer group is calculated. FDIC produces this report quarterly, for the same dates as the UBPR, and the format is similar to the UBPR.