Archived Tables

Current Table

FDIC-INSURED THRIFT INDUSTRY NET INCOME, 2007-2011

($ millions)

  2007 2008 2009 2010 2011
Total interest income $106,164 $68,017 $54,604 $51,043 $48,010
Total interest expense 59,911 32,904 21,626 16,289 12,659
Net interest income 46,252 35,112 32,979 34,754 35,352
Total noninterest income 21,580 14,743 14,897 17,258 16,419
Total noninterest expense 50,023 34,732 29,294 31,053 33,041
Provision for loan and lease losses 11,021 20,728 17,478 10,766 7,237
Pretax net operating income 6,788 -5,604 1,104 10,193 11,492
Securities gains/losses -695 -773 -573 729 524
Applicable income taxes 3,761 -281 449 4,009 4,122
Net extraordinary items 5 -86 54 116 108
Net income 2,337 -6,182 119 7,012 7,967

Source: Federal Deposit Insurance Corporation (FDIC).

 
OTS-REGULATED THRIFT INDUSTRY INCOME STATEMENT DETAIL, 2004-2008

($ millions, end of year)

  2004 2005 2006 2007 2008
Interest income $55,872 $72,290 $90,805 $95,904 $74,912
Interest expense 21,301 33,473 49,871 55,283 36,843
Net interest income before provisions for losses 34,572 38,817 40,934 40,621 38,069
Provisions for losses for interest bearing assets (1) 2,601 2,954 3,768 11,638 38,712
Net interest income after provisions for losses 31,970 35,863 37,167 28,983 -643
Noninterest income (2) 20,106 23,922 25,678 20,121 18,658
Noninterest expense 30,500 34,317 38,665 47,371 37,146
Income before taxes and extraordinary items 21,576 25,469 24,180 1,733 -19,131
Income taxes 7,631 9,068 8,292 2,383 -5,770
Other (3) 19 -1 -39 1 -81
Net income 13,963 16,400 15,849 -649 -13,442
Other items          
     Gross profits of profitable thrifts 14,312 16,610 16,342 11,425 6,384
     Gross profits of unprofitable thrifts -348 -209 -492 -12,074 -19,826

(1) Loss provisions for noninterest-bearing assets are included in noninterest expense.
(2) Net gain (loss) on sale of assets is reported in noninterest income.    
(3) Defined as extraordinary items, net of tax effect and of cumulative effect of changes in accounting principles. Extraordinary items are material events and transactions that are unusual and infrequent. 
   
Source: U.S. Department of the Treasury, Office of Thrift Supervision (OTS).

 
OTS-REGULATED THRIFT INDUSTRY INCOME STATEMENT DETAIL, 2005-2009

($ millions, end of year)

  2005 2006 2007 2008 2009
Interest income $72,290 $90,805 $95,904 $74,910 $52,523
Interest expense 33,473 49,871 55,283 36,827 19,896
Net interest income before provisions for losses 38,817 40,934 40,621 38,083 32,627
Provisions for losses for interest bearing assets (1) 2,954 3,768 11,638 39,338 19,460
Net interest income after provisions for losses 35,863 37,167 28,983 -1,254 13,167
Noninterest income (2) 23,922 25,678 20,121 18,634 17,112
Noninterest expense 34,317 38,665 47,371 38,746 27,618
Income before taxes and extraordinary items 24,180 1,733 -19,131 -21,366 2,662
Income taxes 9,068 8,292 2,383 -5,638 2,612
Other (3) -1 -39 1 -83 52
Net income 15,112 -6,598 -21,513 -15,812 29
Other items          
     Gross profits of profitable thrifts 16,610 16,342 11,425 -22,029 -9,587
     Gross profits of unprofitable thrifts -209 -492 -12,074 6,217 9,616

(1) Loss provisions for noninterest-bearing assets are included in noninterest expense.
(2) Net gain (loss) on sale of assets is reported in noninterest income.
(3) Defined as extraordinary items, net of tax effect and of cumulative effect of changes in accounting principles. Extraordinary items are material events and transactions that are unusual and infrequent.

Source: U.S. Department of the Treasury, Office of Thrift Supervision (OTS).

 
OTS-REGULATED THRIFT INDUSTRY INCOME STATEMENT DETAIL, 2006-2010

($ millions, end of year)

  2006 2007 2008 2009 2010
Interest income $90,805 $95,904 $74,910 $52,522 $42,201
Interest expense 49,871 55,283 36,827 19,889 13,370
Net interest income before provisions for losses 40,934 40,621 38,083 32,663 28,831
Provisions for losses for interest bearing assets (1) 3,768 11,638 39,338 19,564 9,705
Net interest income after provisions for losses 37,167 28,983 -1,254 13,069 19,126
Noninterest income (2) 25,678 20,121 18,634 17,142 17,699
Noninterest expense 38,665 47,371 38,746 27,669 26,545
Income before taxes and extraordinary items 1,733 -19,131 -21,366 2,541 10,280
Income taxes 8,292 2,383 -5,638 2,554 3,895
Other (3) -39 1 -83 52 116
Net income -6,598 -21,513 -15,812 -34 6,477
Other items          
     Gross profits of profitable thrifts 16,342 11,425 -22,029 -9,587 NA
     Gross profits of unprofitable thrifts -492 -12,074 6,217 9,616 NA

(1) Loss provisions for noninterest-bearing assets are included in noninterest expense.
(2) Net gain (loss) on sale of assets is reported in noninterest income.
(3) Defined as extraordinary items, net of tax effect and of cumulative effect of changes in accounting principles. Extraordinary items are material events and transactions that are unusual and infrequent.

NA=Data not available.

Source: U.S. Department of the Treasury, Office of Thrift Supervision (OTS).