FRED Economic Data | St. Louis Fed

Total Net Loan Charge-offs, Banks with Total Assets over $20B (NCOTOT5)

Source(s): Federal Financial Institutions Examination Council
Release: Reports of Condition and Income for All Insured U.S. Commercial Banks  

Description of growth rate formulas  
Not Seasonally Adjusted 
Notes: Charge-offs are measured on a net basis-loans charged off as losses minus recoveries on loans preciously charged off. The percentage of loans charged off as losses each quarter (net of recoveries on loans previously charged off as losses) is calculated by summing net charge-off for all banks in the size group and dividing by the sum of their total loans. Data are annualized. 
Updated: 2014-02-14 8:51 AM CST 

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