Key Data & Statistics

Explore data and statistics about the Office of the Comptroller of the Currency and the federal banking system, licensing activities, enforcement actions, and matters requiring attention.

The OCC and Federal Banking System at a Glance

The graphs below show the key facts and figures about the Office of the Comptroller of the Currency (OCC) in 2019.

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Year 2011 2012 2013 2014 2015 2016 2017 2018 2019
Employees 3,717 3,823 3,823 3,954 3,959 3,955 3,956 3,843 3,699

*Graphs as of September 30, 2019.

Year 2011 2012 2013 2014 2015 2016 2017 2018 2019
Budget authority 0.877 1.23 1.02 1.06 1.09 1.11 1.18 1.13 1.086

*Graphs as of June 30, 2019.

Year 2011 2012 2013 2014 2015 2016 2017 2018 2019
Assessments 814.6 936.6 973.1 1,006 1,106.7 1,122.8 1,166.9 1,204.4 1,143.7
Total revenue 843.2 999.7 1,006.7 1,038.8 1,145.6 1,163.5 1,205.3 1,247.4 1,195.5

*Graphs as of September 30, 2019.

Year 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
All OCC-supervised institution assets 1.989 2.010 2.106 2.263 2.408 2.538 2.908 3.190 3.278 3.420 3.641 3.913 4.299 5.608 6.011 6.841 7.790 8.521 8.207 8.464 9.701 10.026 10.206 10.742 10.914 11.480 12.085 12.387 12.8

*2019 total assets as of June 30, 2019.

Year National banks Federal savings associations Federal branches and agencies
2019 840 303 57

The OCC examines certain third-party entities for the services they provide to national banks and federal savings associations based on authorities provided by 12 USC 1867(c) of the Bank Service Company Act. The examinations are conducted in coordination with other federal banking agencies.

*2019 supervised institution totals as of September 30, 2019.


Supervisory Actions

The table and graphs below show key licensing and enforcement data.

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Licensing Activities

The OCC's licensing activities ensure that banks establish and maintain corporate structures in accordance with the principles of safe and sound banking as predicated by law and regulation. The OCC’s Licensing Division works with the agency’s legal and supervisory departments to render independent decisions supported by a record of facts and financial, supervisory, and legal analyses.

Corporate Application Activity

  FY 2018 FY 2019 2019 Decisions
  Applications received Approved Conditionally approved Denied Total
Branches 445 560 549 1 0 550
Capital/sub-debt 48 56 47 6 0 53
Change in bank control 6 16 9 1 0 10
Charters 6 4 0 2 0 2
Charter conversions* 10 17 13 1 0 14
Federal branches 0 3 1 0 0 1
Fiduciary powers 6 3 3 0 0 3
Mergers 52 51 42 2 0 44
Relocations 149 161 146 0 0 146
Reorganizations 31 30 32 1 0 33
Subsidiaries 30 15 21 3 0 24
Substantial change in assets 5 7 4 3 0 7
Mutual to stock conversions 2 1 0 1 0 1
Total 790 924 867 21 0 888

*Conversions to an OCC-regulated bank.

Licensing Activities

The OCC’s licensing activities ensure that banks establish and maintain corporate structures in accordance with the principles of safe and sound banking as predicated by law and regulation. The OCC’s Licensing Division works with the agency’s legal and supervisory departments to render independent decisions supported by a record of facts and financial, supervisory, and legal analyses.

 

  2015 2016 2017 2018 2019
Received 12 9 9 6 16
Acted on 11 9 7 6 10
Not disapproved 11 9 7 6 10
Disapproved 0 0 0 0 0
Withdrawn 1 0 0 0 0
Total 35 27 23 18 36

Licensing Activities

The OCC's licensing activities ensure that banks establish and maintain corporate structures in accordance with the principles of safe and sound banking as predicated by law and regulation. The OCC’s Licensing Division works with the agency’s legal and supervisory departments to render independent decisions supported by a record of facts and financial, supervisory, and legal analyses.

Licensing Actions and Timeliness, National Banks and Federal Savings Associations, FY 2018 and FY 2019

    FY 2018 FY 2019
      Within target   Within target
  Target time frames in days Number of decisions Number Percent Number of decisions Number Percent
Branches 45/60 417 416 99.76 550 549 99.82
Capital/sub-debt 15/45 45 44 97.78 53 50 94.34
Change in bank control NA/120 6 5 83.33 10 10 100
Charters 45/60 5 4 80 2 1 50
Charter conversions 60/120 13 12 92.31 14 14 100
Federal branches NA/120 0 0 ---- 1 1 100
Fiduciary powers 30/60 5 5 100 3 2 66.67
Mergers 45/60 58 55 94.83 44 43 97.73
Relocations 45/60 148 147 99.32 146 145 99.32
Reorganizations 45/60 30 29 96.67 33 32 96.97
Subsidiaries 30/60 30 24 80 24 24 100
Substantial change in assets NA/60 7 6 85.71 7 4 57.14
Mutual to stock conversions NA/60 2 2 100 1 1 100
Total   766 749 97.78 888 876 89.38

Note: Most of the decisions (92 percent in 2018 and 96 percent in 2019) were made in the district offices and large bank licensing under delegated authority. Decisions include approvals, conditional approvals, and denials. NA means not applicable.

Note: Certain filings qualify for “expedited review” and are subject to the shorter time frames listed. The longer time frames are for standard review of more complex applications. The target time frame may be extended if the OCC needs additional information to reach a decision, permits additional time for public comment, or processes a group of related filings as one transaction.

Enforcement Measures

The OCC investigates, litigates, and takes enforcement actions to correct unsafe or unsound banking practices and failures in compliance, including compliance with certain consumer protection laws. When warranted, the OCC refers potential criminal acts involving bank-affiliated parties to the U.S. Department of Justice and coordinates with other federal agencies on enforcement efforts involving banks.

The number of enforcement actions outstanding against banks has declined since 2010, reflecting overall improvement in banks’ risk management practices and economic conditions. This trend continued this year.

OCC Enforcement Actions, FY 2019

Type of enforcement action Number Amounta
12 USC 1829 notifications 94  
Bank civil money penalty 8 $125,474,728.00
Cease-and-desist order (bank)b 6  
Formal agreement (bank) 9  
Notices of charges filed 7  
Personal cease-and-desist order 4  
Personal civil money penalty 15 $277,000.00
Prompt corrective action directive 3  
Removal/prohibition 30  
Total 176 $125,751,728.00

a Includes only assessed penalties and does not include remediation to customers that the OCC may have required of the bank.  

b Includes instances where multiple charters in a company are subject to the same enforcement action. 

Licensing Activities

The OCC’s licensing activities ensure that banks establish and maintain corporate structures in accordance with the principles of safe and sound banking as predicated by law and regulation. The OCC’s Licensing Division works with the agency’s legal and supervisory departments to render independent decisions supported by a record of facts and financial, supervisory, and legal analyses.

Applications Presenting CRA Issues Decided, FY 2019

Bank, city, state Approval date Document number
Cadence Bank, National Association, Birmingham, Ala. October 4, 2018 CRA decision No. 193
Old National Bank, Evansville, Ind. October 12, 2018 CRA decision No. 194
Bank of America, Charlotte, N.C. October 18, 2018 CRA decision No. 195
Bank of America, Charlotte, N.C. May 1, 2019 CRA decision No. 196
TCF Bank, National Association, Sioux Falls, S.D. June 20, 2019 CRA decision No. 197
KeyBank, National Association, Cleveland, Ohio July 11, 2019 CRA decision No. 198