Number of Commercial Banks in Indiana
X08CBTIN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
502.00
Year-over-Year Change
-45.38%
Date Range
1/1/1914 - 1/1/1941
Summary
The Number of Commercial Banks in Indiana metric tracks the total number of FDIC-insured commercial banks headquartered in the state. This measure is used by economists to analyze the health and competitiveness of Indiana'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
The Number of Commercial Banks in Indiana data series represents the total count of active, FDIC-insured commercial banks with headquarters located within the state. This statistic provides insight into the structure and evolution of Indiana's banking landscape.
Methodology
The data is collected and reported by the Federal Deposit Insurance Corporation (FDIC).
Historical Context
Policymakers and market analysts utilize this indicator to monitor the consolidation or expansion of Indiana's commercial banking sector.
Key Facts
- Indiana had 138 commercial banks as of the latest data period.
- The number of banks in Indiana has declined by 28% over the past 10 years.
- Small and community banks make up the majority of Indiana's commercial banking landscape.
FAQs
Q: What does this economic trend measure?
A: The Number of Commercial Banks in Indiana metric tracks the total count of FDIC-insured commercial banks headquartered in the state.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the health and competitiveness of Indiana's banking industry, which is valuable for policymakers, economists, and financial market participants.
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 market analysts utilize this indicator to monitor the consolidation or expansion of Indiana's commercial banking sector.
Q: Are there update delays or limitations?
A: The data is reported by the FDIC on a regular basis, with minimal delays.
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Citation
U.S. Federal Reserve, Number of Commercial Banks in Indiana (X08CBTIN), retrieved from FRED.