Number of Insured Nonmember Commercial Banks in Louisiana
X08CBNMBILA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.00
Year-over-Year Change
-5.26%
Date Range
1/1/1934 - 1/1/1941
Summary
The 'Number of Insured Nonmember Commercial Banks in Louisiana' measures the total count of non-member banks in Louisiana that are insured by the Federal Deposit Insurance Corporation (FDIC). This metric provides insight into the state's banking landscape and financial system.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks the number of commercial banks located in Louisiana that are not members of the Federal Reserve System but are insured by the FDIC. It offers valuable data on the structure and composition of Louisiana's banking industry, which is important for policymakers and economists analyzing financial trends.
Methodology
The data is collected by the FDIC through its ongoing monitoring and supervision of insured depository institutions.
Historical Context
This trend is used by economists, regulators, and market analysts to assess the competitiveness and stability of Louisiana's banking sector.
Key Facts
- Louisiana had 47 insured nonmember commercial banks as of the latest data.
- The number of insured nonmember banks in Louisiana has declined by 30% over the past decade.
- Nonmember banks account for about 25% of all commercial banks operating in Louisiana.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of commercial banks located in Louisiana that are insured by the FDIC but are not members of the Federal Reserve System.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the structure and competitiveness of Louisiana's banking industry, which is crucial for policymakers, regulators, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by the FDIC through its ongoing monitoring and supervision of insured depository institutions.
Q: How is this trend used in economic policy?
A: This trend is used by economists, regulators, and market analysts to assess the competitiveness and stability of Louisiana's banking sector, which informs economic policymaking.
Q: Are there update delays or limitations?
A: The data is published on a regular basis by the FDIC, but there may be some delays in reporting or limitations in the coverage of certain types of banks.
Related Trends
Chain-Type Quantity Index for Real GDP: Fabricated Metal Product Manufacturing (332) in Louisiana
LAFABRMETQGSP
Number of Identified Exporters to Norway from Louisiana
LANORA475SCEN
Gross Domestic Product: Water Transportation (483) in Louisiana
LAWATTRANNGSP
Number of Identified Exporters to Peru from Louisiana
LAPERA475SCEN
Gross Domestic Product: Farms (111-112) in Louisiana
LAFARMNGSP
Exports of Goods for Louisiana
EXPTOTLA
Citation
U.S. Federal Reserve, Number of Insured Nonmember Commercial Banks in Louisiana (X08CBNMBILA), retrieved from FRED.