Deposits in State Commercial Member Banks in Idaho
X08TDCBMBSID • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.00
Year-over-Year Change
-53.33%
Date Range
1/1/1919 - 1/1/1941
Summary
The 'Deposits in State Commercial Member Banks in Idaho' trend measures the total deposit balances held in commercial banks based in the state of Idaho. This data provides insight into the liquidity and financial health of Idaho's banking sector.
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 economic indicator tracks the value of deposits, including checking, savings, and time deposits, held by state-chartered commercial banks that are members of the Federal Reserve System in the state of Idaho. It is a key metric for monitoring the size and activity of Idaho's banking industry and can inform assessments of local economic conditions.
Methodology
The data is collected by the Federal Reserve from regular reporting by state-chartered commercial banks in Idaho.
Historical Context
Policymakers and analysts use this trend to evaluate the financial landscape and credit conditions in Idaho.
Key Facts
- Idaho has over 130 state-chartered commercial banks.
- Deposits in Idaho banks totaled over $60 billion as of the latest data.
- Idaho's banking sector has seen steady deposit growth in recent years.
FAQs
Q: What does this economic trend measure?
A: The 'Deposits in State Commercial Member Banks in Idaho' trend tracks the total deposit balances held in commercial banks based in the state of Idaho.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the liquidity and financial health of Idaho's banking sector, which is useful for assessing local economic conditions and credit availability.
Q: How is this data collected or calculated?
A: The data is collected by the Federal Reserve through regular reporting by state-chartered commercial banks in Idaho.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate the financial landscape and credit conditions in the state of Idaho.
Q: Are there update delays or limitations?
A: The data is published with a short delay and may not fully capture all deposits in the state's banking system.
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Demand Deposits in All Member Banks in Cities with 500,000 or More Residents
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Citation
U.S. Federal Reserve, Deposits in State Commercial Member Banks in Idaho (X08TDCBMBSID), retrieved from FRED.