WASHINGTON — The Federal Deposit Insurance Corp. on Tuesday will release results of the banking industry's performance for the third quarter.

The report, known as the Quarterly Banking Profile, will provide an update on how close the Deposit Insurance Fund is to triggering higher assessments for big banks and a premium discount for smaller banks.

The last FDIC earnings update reported total net income in the second quarter of $43 billion, which was up from $40.1 billion in the second quarter of 2014.

The second quarter results also showed that the FDIC fund that insures depositors increased by $2.3 billion during the quarter to $67.6 billion, raising the ratio of reserves to insured deposits to 1.06%. Under a recent FDIC proposal implementing a provision of the Dodd-Frank Act, when the fund's reserve ratio reaches 1.15% most banks will see their assessments fall roughly 30%. The largest banks, meanwhile, will see an additional assessment charge aimed at boosting the reserve ratio to 1.35% over the next two years. Dodd-Frank requires that the fund reach a minimum reserve ratio of 1.35% by 2020.

During an October meeting, FDIC officials projected that the reserve ratio would reach 1.15% in early 2016, but also said the ratio could reach that level even sooner.

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