Deposits in State Commercial Member Banks in Indiana
X08TDCBMBSIN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
165.00
Year-over-Year Change
489.29%
Date Range
1/1/1919 - 1/1/1941
Summary
This economic trend measures the total deposits held in state commercial member banks located in the state of Indiana. It serves as an important indicator of the financial health and activity within Indiana'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
The Deposits in State Commercial Member Banks in Indiana metric tracks the value of deposits, including checking accounts, savings accounts, and time deposits, held by state-chartered commercial banks that are members of the Federal Reserve System. This data provides insights into the liquidity and growth of Indiana's banking industry.
Methodology
The data is collected and published by the U.S. Federal Reserve through its regular surveys of depository institutions.
Historical Context
Policymakers and economists use this trend to assess the financial conditions and economic performance within the state of Indiana.
Key Facts
- Indiana has over 100 state-chartered commercial banks.
- Total deposits in Indiana's state commercial banks exceeded $100 billion in 2022.
- Indiana's banking sector accounts for over 5% of the state's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposits held in state-chartered commercial banks that are members of the Federal Reserve System in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the liquidity, financial health, and economic activity within Indiana's banking sector, which is an important component of the state's overall economy.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Federal Reserve through its regular surveys of depository institutions.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the financial conditions and economic performance within the state of Indiana, which can inform policy decisions and economic forecasting.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so there may be delays in reflecting the most recent changes in Indiana's banking deposits.
Related Trends
Total Deposits in All Insured Commercial Banks
X10AICBTODT
Investments in All Member Banks in New York City
X10AMBINYC
Number of Commercial Banks in the United States
X03NOB
Other Deposits in National Banks in the United States
X04DO
Interbank Deposits in All Insured Commercial Banks in New York City
X10AICBIDNYC
Deposits in Insured Commercial Nonmember Banks in Pennsylvania
X08TDCBNMBIPA
Citation
U.S. Federal Reserve, Deposits in State Commercial Member Banks in Indiana (X08TDCBMBSIN), retrieved from FRED.