Key Data & Statistics
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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 2021.
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| Year | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Employees | 3,823 | 3,823 | 3,954 | 3,959 | 3,955 | 3,956 | 3,843 | 3,699 | 3,472 | 3,551 |
*Graphs as of September 30, 2021.
| Year | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Budget authority | 1.23 | 1.02 | 1.06 | 1.09 | 1.11 | 1.18 | 1.13 | 1.086 | 1.069 | 1.095 |
*Graphs as of September 30, 2021.
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|
| Percentage of revenue from assessments | 96.5 | 96.8 | 94.5 | 95.6 | 95.6 | 96 |
*Graphs as of September 30, 2021.
| Year | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| All OCC-supervised institution assets | 10.026 | 10.206 | 10.742 | 10.914 | 11.480 | 12.085 | 12.387 | 12.8 | 14.1 | 14.1 |
*Total assets as of June 30, 2021.
| Year | National banks | Federal savings associations | Federal branches and agencies | Total |
|---|---|---|---|---|
| 2021 | 797 | 269 | 52 | 1,118 |
* 2021 supervised institution totals as of September 30, 2021.
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 2020 | FY 2021 | 2021 Decisions | ||||
|---|---|---|---|---|---|---|
| Applications received | Approved | Conditionally approved | Denied | Total | ||
| Branches | 490 | 455 | 440 | 0 | 0 | 440 |
| Capital/sub-debt | 32 | 39 | 36 | 0 | 0 | 36 |
| Change in bank control | 13 | 7 | 7 | 0 | 0 | 7 |
| Charters | 12 | 8 | 1 | 5 | 0 | 6 |
| Charter conversions* | 5 | 13 | 6 | 5 | 0 | 11 |
| Federal branches | 2 | 3 | 2 | 0 | 0 | 2 |
| Fiduciary powers | 2 | 2 | 1 | 0 | 0 | 1 |
| Licensing other | 26 | 34 | 28 | 3 | 0 | 31 |
| Mergers | 36 | 46 | 43 | 1 | 0 | 44 |
| Relocations | 155 | 160 | 148 | 0 | 0 | 148 |
| Reorganizations | 26 | 27 | 19 | 4 | 0 | 23 |
| Subsidiaries | 15 | 19 | 19 | 3 | 0 | 22 |
| Substantial change in assets | 5 | 13 | 3 | 5 | 0 | 8 |
| Mutual to stock conversions | 0 | 5 | 0 | 2 | 0 | 2 |
| Total | 819 | 831 | 753 | 28 | 0 | 781 |
*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.
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Received | 9 | 6 | 16 | 13 | 7 |
| Acted on | 7 | 6 | 10 | 10 | 7 |
| Not disapproved | 7 | 6 | 10 | 10 | 7 |
| Disapproved | 0 | 0 | 0 | 0 | 0 |
| Withdrawn | 0 | 0 | 0 | 4 | 0 |
| Total | 23 | 18 | 36 | 37 | 21 |
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 2020 and FY 2021
| FY 2020 | FY 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Within target | Within target | ||||||
| Target time in days | Number of decisions | Number | Percent | Number of decisions | Number | Percent | |
| Branches | 45/60 | 500 | 499 | 99.80 | 440 | 439 | 99.77 |
| Capital/sub-debt | 15/45 | 41 | 40 | 97.56 | 36 | 36 | 100 |
| Change in bank control | NA/120 | 10 | 10 | 100 | 7 | 7 | 100 |
| Charters | 45/120 | 4 | 2 | 50 | 6 | 4 | 66.67 |
| Charter conversions | 60/120 | 5 | 4 | 80 | 11 | 10 | 90.91 |
| Federal branches | NA/120 | 3 | 3 | 100 | 2 | 2 | 100 |
| Fiduciary powers | 30/60 | 1 | 1 | 100 | 1 | 1 | 100 |
| Licensing other | NA/60 | 22 | 22 | 100 | 38 | 32 | 84.21 |
| Mergers | 45/60 | 41 | 37 | 90.24 | 44 | 43 | 97.73 |
| Relocations | 30/60 | 155 | 153 | 98.71 | 148 | 148 | 100 |
| Reorganizations | 45/60 | 28 | 28 | 100 | 23 | 22 | 95.65 |
| Subsidiaries | 30/60 | 19 | 16 | 84.21 | 22 | 22 | 100 |
| Substantial change in assets | NA/60 | 3 | 3 | 100 | 8 | 6 | 75 |
| Mutual to stock conversions | NA/60 | 0 | 0 | 0 | 2 | 2 | 100 |
| Total | 832 | 818 | 98.32 | 788 | 774 | 98.22 | |
Note: Most of the decisions (98 percent in 2020 and 95 percent in 2021) 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 or process a group of related filings as one transaction, or to permit additional time for public comment.
Enforcement Actions
The OCC investigates, litigates, and takes enforcement actions to address 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. The civil money penalties amount this fiscal year, however, was higher when compared with the last five years.
OCC Enforcement Actions, FY 2021
| Type of enforcement action | Number | Amounta |
|---|---|---|
| 12 USC 1829 notifications | 13 | |
| Bank civil money penalty | 12 | $1,056,663,306 |
| Cease-and-desist order (bank)b | 7 | |
| Formal agreement (bank) | 9 | |
| Notices of charges filed | 4 | |
| Personal cease-and-desist order | 4 | |
| Personal civil money penalty | 9 | $3,761,000 |
| Prompt corrective action directive | 1 | |
| Removal/prohibition | 14 | |
| Total | 73 | $1,060,424,306 |
a Includes only assessed penalties through September 30, 2021, 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 2021
| Bank, city, state | Approval date | Document number |
|---|---|---|
| First National Community Bank, Chatsworth, Ga. | April 19, 2021 | CRA decision No. 203 |
| The Huntington National Bank, Columbus, Ohio | May 25, 2021 | CRA decision No. 204 |
| Nicolet National Bank, Green Bay, Wisc. | June 22, 2021 | CRA decision No. 205 |
| Guaranty Bank & Trust, National Association, Mt. Pleasant, Texas | July 8, 2021 | CRA decision No. 206 |
| Bank of America, National Association, Charlotte, N.C. | July 12, 2021 | CRA decision No. 207 |
| Bank of America, National Association, Charlotte, N.C. | July 12, 2021 | CRA decision No. 208 |
| Bank of America, National Association, Charlotte, N.C. | July 12, 2021 | CRA decision No. 209 |
| Bank of America, National Association, Charlotte, N.C. | July 12, 2021 | CRA decision No. 210 |
| Bank of America, National Association, Charlotte, N.C. | July 12, 2021 | CRA decision No. 211 |
| Bank of America, National Association, Charlotte, N.C. | July 12, 2021 | CRA decision No. 212 |
| Texas Heritage National Bank, Daingerfield, Texas | July 14, 2021 | CRA decision No. 213 |
| Bank of America, National Association, Charlotte, N.C. | July 23, 2021 | CRA decision No. 214 |
| Webster Bank, National Association, Waterbury, Conn. | August 2, 2021 | CRA decision No. 215 |
| Bank of America, National Association, Charlotte, N.C. | August 4, 2021 | CRA decision No. 216 |
| Bank of America, National Association, Charlotte, N.C. | August 4, 2021 | CRA decision No. 217 |
| Commercial Bank of Texas, National Association, Nacogdoches, Texas | August 20, 2021 | CRA decision No. 218 |