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 |