2020 Annual Report

Details

• Publisher's site:
  https://www.fdic.gov/
• 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
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• 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)
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• Pages in Document:
  212
• Dataset Download URL:
  https://www.fdic.gov/about/financial-reports/reports/2020annualreport/2020ar-final.pdf
• Format:
  PDF
• Release Date:
  02/18/2021
• Update Date:
  03/12/2021
• Fdic Employee Involved:
  Leo T. Crowley ; Phillips Lee Goldsborough ; Preston Delano
• Source:
  FDIC Website/Fraser
• Language:
  Eng
• Download URL:
  https://archive.fdic.gov/view/fdic/13714/fdic_13714_DS1.pdf
• File Type:
  [PDF - 20.91 MB]
• Collection(s):
  Annual Reports
• Main Document Checksum:
  urn:sha-512:9f64e0d018d30681d297801a73c2344349d7a37bbfd0293074d8356ab4082a30b941bb5c900fcd1fe0c9acc24bad28fd67889a991dbcc812582c43920a756be1