Financial and demographic information on nearly 12,000 banks and thrifts was put on the Internet Tuesday by the Federal Deposit Insurance Corp.
To access the new service - called Institution Directory - go to the FDIC's home page, www.fdic.gov, then click on "ID System."
Demonstrating the service for reporters Tuesday, FDIC researcher Don Inscoe said Institution Directory is the fastest way for bankers, consumers, and investors to access Call Report information, which includes data on earnings, assets by loan type, and chargeoffs.
Institution Directory will be updated Friday when the FDIC releases third-quarter statistics on banks and thrifts.
The system allows users to compare the financial performance of a particular institution against the entire industry's experience. Institution Directory can sort banks by name, state, city, and asset or deposit size - and even by which agency regulates the institution.
Institution Directory allows users to compare any two time periods over the last three years. For example, a user can call up a bank's June 30 figures and compare them to the institution's midyear 1995 results.