Memorandum

To: All UBPR Users	Date: June 16 , 2003
From: John M. Smullen, UBPR Coordinator	Subject: Custom Peer Function

The Federal Financial Institutions Examination Council (FFIEC) has added the Custom Peer function to the Uniform Bank Performance Report (UBPR) portion of the FFIEC website. This new feature allows individual banks to be compared with the performance of a user-defined peer group of banks. Individual bank information is displayed along with recalculated peer group average and percentile ranking statistics. Results are displayed for UBPR page 1 (Summary Ratios).

A built-in search engine is available to identify up to 200 banks for inclusion in the custom peer group.

The FFIEC hopes that banks, regulatory users and the general public will find this to be a useful supplement to peer group average statistics now available in the online UBPR. Possible uses could include comparison with banks in similar geographic locations as well as banks in similar lines of business. The methodology used to calculate custom peer group averages follows those used in the online UBPR. The top and bottom 5% of banks (outliers) are trimmed before each custom peer average ratio is calculated.

Please visit www.ffiec.gov. From the main page first select Uniform Bank Performance Report, and then select All UBPR Statistical Reports. Further instructions are available online.

If you have any questions or comments please send them to: John.Smullen@FRB.GOV.

 

The FFIEC was established in March 1979 to prescribe uniform principles, standards, and report forms and to promote uniformity in the supervision of financial institutions. The Council has six members: the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency, the Office of Thrift Supervision, and the Chairman of the State Liaison Committee. The Council's activities are supported by interagency task forces and by an advisory State Liaison Committee, comprised of five representatives of state agencies that supervise financial institutions