General Information

Program Performance Highlights

  • $10.5 million in annual net fee income
  • Average net fee income is approximately 72 basis points
  • Portfolio of $1.2 billion
Year CEP Portfolio Commitments
(in Thousands)
CEP Annualized Fees
(in Thousands)
# of
Transactions
in Year
Total # of Transactions
2004 $1,837,000 $5,710 14 110
2005 $1,849,000 $5,580 5 94
2006 $2,033,000 $4,690 5 90
2007 $2,642,000 $5,068 7 92
2008 $2,539,000 $5,224 9 84
2009 $2,540,000 $7,082 5 76
2010 $2,035,000 $12,009 9 61
2011 $1,895,000 $13,550 8 59
2012 $1,686,000 $12,287 7 50
2013* $1,216,000 $10,500 4 30
* Note: Due to heightened credit risk and an unfavorable risk/reward profile, the Credit Enhancement Program suspended underwriting new commitments in July 2013.

Commands