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 2021.

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.

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