Profits and Balance Sheet Developments at U.S. Commercial Banks in 2006
Figure 12. Changes in selected domestic liabilities at banks, 1990-2006. Data plotted as curves. Savings deposits grew at a rate of 5 percent in 1990. That rate accelerated to about 15 percent during the next two years before slowing in 1992 and contracting in 1994. The growth rate picked up in 1995 and moved in a range between 10 percent and 20 percent from 1996 to 2004, with a slight dip in 1999. During 2005 and 2006, the growth rate was around 5 percent. Small time deposits grew 14 percent in 1990 before contracting during the next three years. The growth rate accelerated, then accelerated again, and reached over 10 percent in 1995 before being about zero from 1996 to 1999. The growth rate then spiked up to 7 percent in 2000 before dropping to a negative 5 percent rate from 2001 to 2003. The growth rate then steadily picked up steam and reached over 15 percent in 2006. The growth rate of transaction deposits started at 2 percent in 1990, spiked up to a rate of 14 percent in 1992, slowed, and ranged between zero and negative 10 percent from 1994 to 2000. The growth rate then surged to 10 percent in 2001 and plunged to negative 5 percent in 2002. The growth rate was near zero for the next three years and then fell to negative 5 percent in 2006.
NOTE: The data are annual. Savings deposits include money market deposit accounts.