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 2020.

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Year 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Employees 3,717 3,823 3,823 3,954 3,959 3,955 3,956 3,843 3,699 3,472

*Graphs as of September 30, 2020.

Year 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Budget authority 0.877 1.23 1.02 1.06 1.09 1.11 1.18 1.13 1.086 1.069

*Graphs as of September 30, 2020.

Year 2016 2017 2018 2019 2020
Percentage of revenue from assessments 96.5 96.8 94.5 95.6 95.6

*Graphs as of September 30, 2020.

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 2020
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 14.1

*Total assets as of September 30, 2020.

Year National banks Federal savings associations Federal branches and agencies Total
2020 821 284 53 1,158

* 2020 supervised institution totals as of September 30, 2020.


Supervisory Actions

The tables 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 2019 FY 2020 2020 Decisions
  Applications received Approved Conditionally approved Denied Total
Branches 560 490 500 0 0 500
Capital/sub-debt 56 32 39 2 0 41
Change in bank control 16 13 6 4 0 10
Charters 4 12 1 3 0 4
Charter conversions* 17 5 4 1 0 5
Federal branches 3 2 2 1 0 3
Fiduciary powers 3 2 1 0 0 1
Licensing other   26 22 0 0 22
Mergers 51 36 37 4 0 41
Relocations 161 155 155 0 0 155
Reorganizations 30 26 27 1 0 28
Subsidiaries 15 15 18 1 0 19
Substantial change in assets 7 5 1 2 0 3
Mutual to stock conversions 1 0 0 0 0 0
Total 924 819 813 19 0 832

*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.

 

  2016 2017 2018 2019 2020
Received 9 9 6 16 13
Acted on 9 7 6 10 10
Not disapproved 9 7 6 10 10
Disapproved 0 0 0 0 0
Withdrawn 0 0 0 0 4
Total 27 23 18 36 37

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 2019 and FY 2020

    FY 2019 FY 2020
      Within target   Within target
  Target time frames in days Number of decisions Number Percent Number of decisions Number Percent
Branches 45/60 550 549 99.82 500 499 99.80
Capital/sub-debt 15/45 53 50 94.34 41 40 97.56
Change in bank control NA/120 10 10 100 10 10 100
Charters 45/120 2 1 50 4 2 50
Charter conversions 60/120 14 14 100 5 4 80
Federal branches NA/120 1 1 100 3 3 100
Fiduciary powers 30/60 3 2 66.67 1 1 100
Licensing other NA/60       22 22 100
Mergers 45/60 44 43 97.73 41 37 90.24
Relocations 30/60 146 145 99.32 155 153 98.71
Reorganizations 45/60 33 32 96.97 28 28 100
Subsidiaries 30/60 24 24 100 19 16 84.21
Substantial change in assets NA/60 7 4 57.14 3 3 100
Mutual to stock conversions NA/60 1 1 100 0 0 0
Total   888 876 89.38 832 818 98.32

Note: Most of the decisions (96 percent in 2019 and 98 percent in 2020) were made in the district offices and large bank licensing departments 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 Actions

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 formal enforcement actions taken against banks has generally declined since 2010, reflecting overall improvement in banks’ risk management practices and economic conditions. This trend continued this year.

OCC Enforcement Actions, FY 2020

Type of enforcement action Number Amounta
12 USC 1829 notifications 48  
Bank civil money penalty 6 $128,196,925
Cease-and-desist order (bank)b 6  
Formal agreement (bank) 8  
Notices of charges filed 12  
Personal cease-and-desist order 9  
Personal civil money penalty 18 $22,909,000
Removal/prohibition 19  
Total 126 $151,105,925

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 2020

Bank, city, state Approval date Document number
Columbia Bank, Fair Lawn, N.J. October 3, 2019 CRA decision No. 199
People’s United Bank, National Association, Bridgeport, Conn. October 11, 2019 CRA decision No. 200
Evans Bank, National Association, Angola, N.Y. March 18, 2020 CRA decision No. 201
Community Bank, National Association, Canton, N.Y. May 11, 2020 CRA decision No. 202