Annual Report 2014

Statistical Table 5

Table 5. Banking offices and banks affiliated with bank holding companies in the United States, December 31, 2013 and 2014
Type of office Total Commercial banks 1 State-
chartered
savings
banks
Total Member Nonmember
Total National State
All banking offices
Banks
Number, Dec. 31, 2013 6,134 5,842 1,978 1,143 835 3,864 292
Changes during 2014              
New banks 19 15 8 4 4 7 4
Banks converted into branches -225 -219 -83 -47 -36 -136 -6
Ceased banking operations 2 -42 -38 -14 -11 -3 -24 -4
Other 3 0 1 3 -33 36 -2 -1
Net change -248 -241 -86 -87 1 -155 -7
Number, Dec. 31, 2014 5,886 5,601 1,892 1,056 836 3,709 285
Branches and additional offices
Number, Dec. 31, 2013 83,977 81,275 57,958 43,828 14,130 23,317 2,702
Changes during 2014
New branches 1,369 1,253 724 541 183 529 116
Banks converted to branches 225 220 106 65 41 114 5
Discontinued2 -2,171 -2,125 -1,584 -1,231 -353 -541 -46
Other3 0 -3 61 -94 155 -64 3
Net change -577 -655 -693 -719 26 38 78
Number, Dec. 31, 2014 83,400 80,620 57,265 43,109 14,156 23,355 2,780
Banks affiliated with bank holding companies
Banks
Number, Dec. 31, 2013 5,014 4,886 1,741 1,000 741 3,145 128
Changes during 2014
BHC-affiliated new banks 54 50 19 9 10 31 4
Banks converted into branches -192 -189 -77 -45 -32 -112 -3
Ceased banking operations2 -40 -39 -15 -12 -3 -24 -1
Other3 0 0 1 -29 30 -1 0
Net change -178 -178 -72 -77 5 -106 0
Number, Dec. 31, 2014 4,836 4,708 1,669 923 746 3,039 128

Note: Includes banks, banking offices, and bank holding companies in U.S. territories and possessions (affiliated insular areas).

1. For purposes of this table, banks are entities that are defined as banks in the Bank Holding Company Act, as amended, which is implemented by Federal Reserve Regulation Y. Generally, a bank is any institution that accepts demand deposits and is engaged in the business of making commercial loans or any institution that is defined as an insured bank in section 3(h) of the FDIC Act. Return to table

2. Institutions that no longer meet the Regulation Y definition of a bank. Return to table

3. Interclass changes and sales of branches. Return to table

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Last update: July 17, 2015