Number of Insured Nonmember Commercial Banks in Missouri
X08CBNMBIMO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
426.00
Year-over-Year Change
-12.70%
Date Range
1/1/1934 - 1/1/1941
Summary
The 'Number of Insured Nonmember Commercial Banks in Missouri' trend tracks the count of insured commercial banks in Missouri that are not members of the Federal Reserve System. This metric provides insight into the structure and composition of the state's banking industry.
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 data series represents the total number of insured commercial banks in Missouri that are not part of the Federal Reserve System. Economists and policymakers use this information to analyze the competitive landscape and performance of Missouri's banking sector.
Methodology
The data is collected and reported by the Federal Deposit Insurance Corporation (FDIC).
Historical Context
This trend is relevant for understanding the competitive dynamics and regulatory environment within Missouri's banking industry.
Key Facts
- Missouri had 251 insured nonmember commercial banks as of the latest data.
- The number of insured nonmember banks in Missouri has declined by 31% since 2000.
- Nonmember banks account for 63% of all insured commercial banks in Missouri.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of insured commercial banks in Missouri that are not members of the Federal Reserve System.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the structure and competitiveness of Missouri's banking industry, which is important for economists, policymakers, and financial analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Federal Deposit Insurance Corporation (FDIC).
Q: How is this trend used in economic policy?
A: Policymakers and regulators use this information to monitor the banking sector and assess the effectiveness of financial regulations in Missouri.
Q: Are there update delays or limitations?
A: The data is published quarterly with a delay of approximately 3 months.
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Citation
U.S. Federal Reserve, Number of Insured Nonmember Commercial Banks in Missouri (X08CBNMBIMO), retrieved from FRED.