Regional President Speech

Comparative Data on the Banking System Charts to Accompany Remarks before the Kansas Bankers Association Thomas Hoenig President and CEO Federal Reserve Bank of Kansas City Kansas Bankers Association CEO Forum and Annual Meeting Colorado Springs, Colorado August 4, 2011 Credit Union, Large Bank, and Community Bank Market Shares Share of Assets Credit Top 5 Top 10 Community Banks Community Banks Unions Banks Banks (<$10Bn in 2010) (<$1Bn in 2010) 1990 6% 14% 22% 48% 25% 1995 7% 19% 28% 40% 20% 2000 7% 28% 42% 27% 14% 2005 7% 41% 48% 22% 12% 2010 7% 47% 55% 17% 9% Share of Deposits Credit Top 5 Top 10 Community Banks Community Banks Unions Banks Banks (<$10Bn in 2010) (<$1Bn in 2010) 1990 7% 13% 20% 51% 28% 1995 8% 16% 23% 44% 24% 2000 8% 24% 37% 30% 17% 2005 9% 37% 44% 25% 14% 2010 9% 44% 52% 20% 11% Share of Loans Credit Top 5 Top 10 Community Banks Community Banks Unions Banks Banks (<$10Bn in 2010) (<$1Bn in 2010) 1990 6% 16% 24% 46% 23% 1995 7% 18% 26% 40% 19% 2000 7% 25% 39% 28% 15% 2005 8% 36% 43% 24% 13% 2010 8% 43% 50% 20% 11% Share of Offices Credit Top 5 Top 10 Community Banks Community Banks Unions Banks Banks (<$10Bn in 2010) (<$1Bn in 2010) 1990 N.A N.A N.A N.A. N.A 1995 N.A 4% 8% 70% 46% 2000 N.A 11% 22% 56% 39% 2005 N.A 20% 27% 51% 35% 2010 N.A 25% 30% 47% 30% Notes: 1. Asset, deposit, and loan shares are a percentage of total bank and credit union assets, deposits, and loans as of December 31 of each year (Source: Reports of Condition and Income). Data for offices were not available for 1990 and are as of June 30 of each year (Source: Summary of Deposits, FDIC). 2. For the top 5 and 10 bank shares, the data are aggregated for banks within a single bank holding company. 3. For community banks, the size cutoffs are adjusted for changes in the quarterly PCE deflator. For the 2010 cutoff of $10/$1 billion, the earlier year cutoffs are 2005=$9b/$900m, 2000=$8b/$800m, 1995=$7.5b/$750m, and 1990=$6.5b/$650m. Asset Composition $10Bn $1Bn ■ Net Loans ■ Trading Assets ■ Securities ■ Other Assets Source: FR Y-9C, End of Year Tangible Common Equity - 2010 Source: FR Y-9C, End of Year Note: Tangible common equity / tangible assets is calculated as total equity capital less perpetual preferred stock, goodwill, and other intangible assets divided by total assets less goodwill and other intangible assets. Problem Percent of Total Loans+OREO ASSCtS* ///^ ^L^VV0 A^o^ ^A^V^ ^o^ ,<A<p\<A^ BofA JPM Citi Wells Goldman BHCs<$10 Bn BHCs<$lBn Source: FR Y-9C, End of Year * Loans 90+ Days Past Due and not accruing interest plus OREO BHCs< $10 Bn Source: FR Y-9C, End of Year Source: FR Y-9C, End of Year * Ratio of Allowance for Loan and Lease Loss to Loans 90+ Days Past Due and Not Accruing Interest.

Thomas M. Hoenig (2011, August 3). Regional President Speech. Speeches, Federal Reserve. https://whenthefedspeaks.com/doc/regional_speeche_20110804_thomas_m_hoenig

@misc{wtfs_regional_speeche_20110804_thomas_m_hoenig,
  author = {Thomas M. Hoenig},
  title = {Regional President Speech},
  year = {2011},
  month = {Aug},
  howpublished = {Speeches, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/regional_speeche_20110804_thomas_m_hoenig},
  note = {Retrieved via When the Fed Speaks corpus}
}