2020 Annual Report
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2020 Annual Report



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Details:

  • Publisher's site:
  • Corporate Authors:
  • Description:
    Mission, Vision, and Values

    Message from the Chairman

    Message from the Chief Financial Officer

    Response to Coronavirus Disease 2019 (COVID-19)

    Diversity and Inclusion

    I. Management’s Discussion and Analysis

    Overview

    Deposit Insurance

    Supervision

    Research

    Innovation/Financial Technology

    Community Banking Research Program

    Activities Related to Large and Complex Financial Institutions, Including Systemically Important Financial Institutions

    Depositor and Consumer Protection

    Failure Resolution and Receivership Management

    Information Technology

    International Outreach

    Effective Management of Strategic Resources

    II. Performance Results Summary

    Summary of 2020 Performance Results by Program

    Performance Results by Program and Strategic Goal

    Prior Years' Performance Results

    III. Financial Highlights

    Deposit Insurance Fund Performance

    IV. Budget and Spending

    FDIC Operating Budget

    2020 Budget and Expenditures by Program

    Investment Spending

    V. Financial Section

    Deposit Insurance Fund (DIF)

    FSLIC Resolution Fund (FRF)

    Government Accountability Office Auditor's Report

    Management's Report on Internal Control Over Financial Reporting

    Management's Response to the Auditor's Report

    VI. Risk Management and Internal Controls

    Program Evaluation

    Fraud Reduction and Data Analytics Act of 2015

    Management Report on Final Actions

    VII. Appendices

    A. Key Statistics

    B. More About the FDIC

    C. Office of Inspector General's Assessment of the Management and Performance Challenges Facing the FDIC

    D. Acronyms and Initialisms

  • Content Notes:
    CHARTS:

    Self-Assessment of Regulated Institutions (Pg. 19)

    Community Bank Loan Growth Has Exceeded Growth at Noncommunity Banks for Nine Consecutive Years (Pg. 40)

    FDIC Responded to: (Pg. 51)

    Estimated DIF Insured Deposits (Pg. 84)

    Deposit Insurance Fund Reserve Ratios (Pg. 84)

    FDIC Expenditures (Pg. 89)

    2020 Budget and Expenditures by Program (Pg. 90)

    Investment Spending (Pg. 91)

    FDIC Organizational Chart (Pg. 150)

    Corporate Staffing Trends (Pg. 151)

    Figure 1: Bank Net Operating Income 2019-2020 by Quarter (Pg. 159)

    Figure 2: Threat Sharing Lifecycle at the FDIC (Pg. 186)

    Figure 3: All FDIC Contract Awards 2017-2019 (Pg. 197)

    Figure 4: Supply Chain Risk (Pg. 199)

    Figure 5: Rulemaking Notice and Comment Process (Pg. 202)

    TABLES:

    FDIC Examinations (Pg. 27)

    Community Banks Added Offices While Noncommunity Banks Closed Offices June 2019 to June 2020 (Pg. 40)

    Failure Activity (Pg. 52)

    Assets-In-Liquidation Inventory by Asset Type (Pg. 53)

    Receivership Activity (Pg. 53)

    2020 Insurance Program Results (Pg. 61-62)

    2020 Supervision Program Results (Pg. 63-67)

    2020 Receivership Management Program Results (Pg. 68)

    Insurance Program Results (Pg. 69-72)

    Supervision Program Results (Pg. 73-78)

    Receivership Management Program Results (79-80)

    Deposit Insurance Fund Selected Statistics (Pg. 85)

    Federal Deposit Insurance Corporation Deposit Insurance Fund Balance Sheet As of December 31 (Pg. 94)

    Federal Deposit Insurance Corporation Deposit Insurance Fund Statement of Income and Fund Balance for the Years Ended December 31 (Pg. 95)

    Federal Deposit Insurance Corporation Deposit Insurance Fund Statement of Cash Flows for the Years Ended December 31 (Pg. 96)

    Investment in U.S. Treasury Securities (Pg. 100)

    Receivables from Resolutions, Net (Pg. 100)

    Receivership Shared-Loss Transactions (Pg. 101)

    Property and Equipment, Net (Pg. 101)

    FDIC Operating Leases, December 31, 2020 (Pg. 102)

    FDIC’s Operating Lease Liabilities as of December 31, 2020 (Pg. 102)

    Future Minimum Lease Commitments in 2019 (Pg. 102)

    FDIC Guaranteed Debt for the Trusts as of December 31, 2020 and 2019 (Pg. 104)

    Operating Expenses (Pg. 106)

    Provision for Insurance Losses (Pg. 107)

    Pension Benefits and Savings Plans (Pg. 108)

    Postretirement Benefits Other Than Pensions (Pg. 108)

    Annual Postretirement Contributions and Benefits Paid (Pg. 108)

    Expected Future Benefit Payments for Next 10 Years (Pg. 108)

    Assumptions Used to Determine the Amount of the Accumulated Postretirement Benefit Obligation and the Net Periodic Benefit Costs (Pg. 109)

    Information Relating to the Statement of Cash Flows (Pg. 109)

    Federal Deposit Insurance Corporation FSLIC Resolution Fund Balance Sheet as of December 31 (Pg. 110)

    Federal Deposit Insurance Corporation FSLIC Resolution Fund Statement of Income and Accumulated Deficit for the Years Ended December 31 (Pg. 111)

    Federal Deposit Insurance Corporation FSLIC Resolution Fund Statement of Cash Flows for the Years Ended December 31 (Pg. 112)

    Contributed Capital, Accumulated Deficit, and Resolution Equity (Pg. 115)

    Information Relating to the Statement of Cash Flows (Pg. 116)

    Table 1: Management Report on Final Action on Audits With Disallowed Costs for Fiscal Year 2020 (Pg. 129)

    Table 2: Management Report on Final Action on Audits With Recommendations to Put Funds to Better Use for Fiscal Year 2020 (Pg. 129)

    Table 3: Audit Reports Without Final Actions but with Management Decisions Over One Year Old for Fiscal Year 2020 (Pg. 130-132)

    FDIC Actions on Financial Institutions Applications (Pg. 135)

    Combined Risk and Consumer Enforcement Actions (Pg. 136)

    FDIC Insured Institutions Closed During 2020 (Pg. 137)

    Estimated Insured Deposits and the Deposit Insurance Fund, December 31, 1934, through September 30, 2020 (Pg. 138-140)

    Income and Expenses, Deposit Insurance Fund, from Beginning of Operations, September 11, 1933, through December 31, 2020 (Pg. 141-143)

    Assets and Deposits of Failed or Assisted Insured Institutions and Losses to the Deposit Insurance Fund, 1934-2020 (Pg. 145-146)

    Number of Employees by Division/Office (Year-End) (Pg. 152)

    Table A: Retirement Eligibility Statistics for Key FDIC Divisions (Pg. 194)

    Table B: Retirement Eligibility Statistics for FDIC Regional Offices (Pg. 196)

  • Pages in Document:
    212
  • Dataset Download URL:
  • Format:
  • Release Date:
    02/18/2021
  • Update Date:
    03/12/2021
  • Agencies Involved:
    Federal Deposit Insurance Corporation (FDIC)
  • Fdic Employee Involved:
    Jelena McWilliams;Bret D. Edwards;Martin J. Gruenberg;Blake Paulson;David Uejio;Kathleen L. Kraninger;Brian P. Brooks;Joseph M. Otting;Jannie F. Eaddy;Barbara A. Glasby;
  • Source:
    FDIC Website/Fraser
  • Main Document Checksum:
  • Download URL:
  • File Type:
    Filetype[PDF-20.91 MB]

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