美国联邦存款保险公司原文.pdfVIP

Quarterly Banking Profile Second Quarter 2014 INSURED INSTITUTION PERFORMANCE • Quarterly Net Income of $40.2 Billion Is 5.3 Percent Higher Than a Year Ago • Net Interest Income Posts $2 Billion Year-Over-Year Increase • Lower Income From Mortgage Activities Contributes to $3.6 Billion Drop in Noninterest Income • Loan Growth Rises to Post-Crisis High • Number of Banks on “Problem List” Falls Below 400 Lower Expenses Contribute to Improvement in Earnings The impact of the rise in medium- and long-term interest rates in second quarter 2013 remained evident in year- over-year earnings comparisons in second quarter 2014. The negative effect on noninterest income, particularly income from mortgage lending and from trading, was greater at large banks, while the positive implications of a steeper yield curve for net interest margins, combined with strengthening loan growth, were more significant for smaller institutions. The 6,656 FDIC-insured institutions filing financial results for second quarter 2014 reported combined net income of $40.2 billion. This is $2 billion (5.3 percent) more than the industry reported in second quarter 2013. Net operating revenue (the sum of net interest income and total noninterest income) was $1.5 billion (0.9 percent) lower than in second quarter 2013, as a decline in noninterest income from mortgage sales, securitization and servicing outweighed an increase in net interest income. Earnings benefited from lower expenses for loan-loss provisions, goodwill impairment, and payrolls. A majority of banks—57.5 percent— reported year-over-year increases in quarterly earnings, and only 6.8 percent of banks were unprofitable, down from 8.4 percent a year ago. This is the lowest proportion of unprofitable institutions since first quarter 2006. The average return on assets for the quarter was 1.07 percent, slightly above the 1.06 percent average in the year- ago quarte