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Table 3 for testimony of Governor Laurence H. Meyer Mergers and acquisitions in banking and other financial services Before the Committee on Banking and Financial Services, U.S. House of Representatives April 29, 1998 |
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Table 3
Number of Banks, Banking Organizations, and Offices, 1980-19971 |
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|
Year |
Banks2 |
Banking organizations2 |
Number of banking offices3 |
Population per banking office4 |
|---|---|---|---|---|
|
1980 |
14,407 |
12,342 |
52,710 |
4,307 |
|
1985 |
14,268 |
11,021 |
57,417 |
4,145 |
|
1990 |
12,194 |
9,221 |
63,392 |
3,928 |
|
1991 |
11,790 |
9,007 |
64,681 |
3,896 |
|
1992 |
11,349 |
8,730 |
65,122 |
3,916 |
|
1993 |
10,867 |
8,318 |
63,658 |
4,053 |
|
1994 |
10,359 |
7,896 |
65,183 |
3,999 |
|
1995 |
9,855 |
7,571 |
68,228 |
3,861 |
|
1996 |
9,446 |
7,313 |
68,694 |
3,860 |
|
1997 |
9,064 |
7,122 |
71,080 |
3,765 |
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1. Banks are defined as insured commercial banks; banking organizations are defined as bank holding companies and independent commercial banks; and banking offices are defined as insured U.S. commercial banks plus branches owned by insured commercial banks. |
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2. Source: NIC Database, Reports of Condition and Income. |
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3. Number of banking offices=number of insured U.S. commercial banks+number of branches owned by insured U.S. commercial banks. The sources of the branch figures are the Annual Statistical Digest and Annual Report published by the Board of Governors of the Federal Reserve System. |
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4. Population data for 1980-1997 are from the U.S. Department of Commerce (Bureau of Economic Analysis). |
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