--- title: "FDIC Quarterly Banking Profile & BankFind financials" description: >- How to read the FDIC Quarterly Banking Profile (aggregate quarterly bank condition and income) and pull the institution-level BankFind financials API behind it, with the no-key access recipe and the gotchas that bite pipelines. sidebar: label: FDIC QBP / financials order: 23 tags: [banking, free, no-api-key, fdic, time-series, data:fdic] verified: level: fetched date: 2026-06-09 with: live no-key FDIC BankFind financials API call (banks.data.fdic.gov /api/financials) access: free --- This page covers two linked FDIC products. The **Quarterly Banking Profile (QBP)** is the FDIC's quarterly report on the aggregate condition and income of all FDIC-insured commercial banks and savings institutions: aggregate assets, loans, deposits, net income, net interest margin, asset quality, and capital, by quarter and by group. The **institution-level data behind it** is exposed through the FDIC BankFind Suite REST API at , whose endpoints include `/financials` (quarterly financial items and ratios per institution `CERT`), `/institutions`, `/history`, and `/failures`. This page is the access recipe for both. Used in, for example, [Wang](/wiki/papers/jf/2025/wang-banks-low-interest-rates-2025/), where the FDIC Quarterly Banking Profile cross-checks the Call Report series for aggregate U.S. commercial bank data (sample 1997Q2-2018Q2). This page is distinct from two siblings. The [FDIC Summary of Deposits](/wiki/datasets/fdic-summary-of-deposits/) (annual branch-level deposits) has its own page. The [FFIEC Call Reports](/wiki/datasets/call-reports/) page covers the underlying bank regulatory filings. The financials API items here are derived from Call Reports and Thrift Financial Reports; this page is the FDIC aggregate and financials view, not the raw Call Report schedules. - **Cost:** free, no paywall. - **API key:** none required. - **Coverage:** institution-level financials from 1992 onward, quarterly; the QBP narrative and aggregates have been published for decades. - **Home:** QBP at ยท **API docs:** ## Access ### Institution-level financials (no key, JSON) The `/financials` endpoint returns quarterly financial items and ratios per institution. Filters use `field:value` colon syntax, `fields` selects columns, and `limit`/`offset` paginate. ```bash # Institution-level financials for one quarter, selected fields, no key curl -sL "https://banks.data.fdic.gov/api/financials?filters=REPDTE:20231231&fields=CERT,NAME,ASSET&limit=1" ``` `REPDTE` is the quarter-end report date in `YYYYMMDD` form. The response is JSON with a `meta` block (including an index `createTimestamp`), a `data` array, and a `totals` block. For `REPDTE:20231231` the query above returned `totals.count` of 4658 institutions, and the first record was `CERT` 10004, `NAME` "ERGO BANK", `ASSET` 240478 (in thousands of dollars). ### Pull a full quarter and build a panel A full quarter is thousands of institutions, so loop `offset` until you have `totals.count` rows, then iterate `REPDTE` across quarter-ends to build a panel. ```python import requests, pandas as pd BASE = "https://banks.data.fdic.gov/api/financials" def pull_quarter(repdte, fields="CERT,NAME,ASSET,DEP,NETINC", page=2000): rows, offset = [], 0 while True: params = { "filters": f"REPDTE:{repdte}", "fields": fields, "limit": page, "offset": offset, } r = requests.get(BASE, params=params) r.raise_for_status() payload = r.json() batch = [rec["data"] for rec in payload["data"]] rows.extend(batch) total = payload["totals"]["count"] offset += page if offset >= total: break return pd.DataFrame(rows) # One quarter q = pull_quarter("20231231") # A panel across several quarter-ends panel = pd.concat( pull_quarter(d).assign(REPDTE=d) for d in ["20221231", "20230331", "20230630", "20230930", "20231231"] ) ``` `ASSET` and other dollar items are reported in thousands of dollars; scale them (multiply by 1,000) before reporting absolute amounts. ## Gotchas (the ones that bite pipelines) - **Filters use colon syntax, not equals.** Write `filters=REPDTE:20231231`, not `REPDTE=20231231`. `REPDTE` is the quarter-end report date as `YYYYMMDD`. - **Pagination is mandatory.** Results page with `limit`/`offset`. A single quarter is thousands of institutions (4658 at `REPDTE:20231231`), so loop `offset` until you have `totals.count` rows. Do not assume the default page is the whole population. - **Dollar items are in thousands.** Institution-level dollar fields such as `ASSET` are in thousands of dollars; scale before reporting. - **Item definitions change with regulatory form revisions.** The financials items are derived from Call Reports (FFIEC 031/041) and Thrift Financial Reports. What is rolled into a given series changes when the underlying form is revised, so a long quarterly panel is not on a fixed schema. Check item definitions for the vintage you are using. - **CERT-level series start and stop.** Bank mergers and failures mean an institution's `CERT` series begins and ends over time. Track entity changes through the `/history` endpoint rather than assuming a balanced panel. - **QBP aggregates need not equal a sum over /financials.** The published QBP aggregates use the FDIC's own groupings and adjustments (de novo institutions, prior-period amendments), so they may not equal a naive sum over `/financials`. If you need the official aggregate, use the QBP release; if you need institution detail, use `/financials`; do not expect the two to reconcile to the dollar. - **Record the index timestamp for reproducibility.** The API `meta` block carries an index `createTimestamp`. The same query can return slightly different totals as the index is rebuilt, so capture the timestamp alongside any pull you need to reproduce. ## Citation Cite the FDIC, the Quarterly Banking Profile and/or the BankFind financials API, the report date(s) (`REPDTE`), the FDIC URL, and the access date, for example: *Federal Deposit Insurance Corporation, Quarterly Banking Profile and BankFind financials, report date 2023-12-31 (REPDTE 20231231); retrieved from and , accessed YYYY-MM-DD.*