Total Deposits in Commercial Member Banks in Texas
X08TDCBMBTTX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,686.00
Year-over-Year Change
649.33%
Date Range
1/1/1914 - 1/1/1941
Summary
This economic trend measures the total deposits held by commercial member banks in the state of Texas. It provides insight into the overall liquidity and financial health of the Texas 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 Total Deposits in Commercial Member Banks in Texas series tracks the total dollar value of deposits held by banks that are members of the Federal Reserve System in the state of Texas. This metric is a key indicator of the size and activity of the Texas banking market.
Methodology
The data is collected by the U.S. Federal Reserve through its regular surveys and reporting of commercial bank deposits.
Historical Context
Policymakers and analysts use this trend to monitor the lending capacity and financial stability of the Texas banking industry.
Key Facts
- Texas is the second-largest state economy in the U.S.
- Commercial bank deposits totaled over $1 trillion in Texas as of 2022.
- Texas has over 400 FDIC-insured commercial banks and branches.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of deposits held by commercial banks that are members of the Federal Reserve System in the state of Texas.
Q: Why is this trend relevant for users or analysts?
A: The total deposits held by Texas banks is an important indicator of the overall liquidity and financial health of the state's banking sector, which is crucial for lending, investment, and economic growth.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through its regular surveys and reporting of commercial bank deposits.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the lending capacity and financial stability of the Texas banking industry, which informs decisions on monetary policy, regulation, and economic development.
Q: Are there update delays or limitations?
A: The data is released with a short lag, typically a few months after the end of each reporting period. There may be minor revisions to historical data as banks update their reports.
Related Trends
Total Deposits for Noninsured Nonmember Banks in the United States
NMBUND
Total Time Deposits in Member Banks
X11TDT
Number of State Member Commercial Banks in the United States
X08CBMBSUS
Other Securities in All Member Banks in Cities with 500,000 or Fewer Residents
X10AMBOSO5L
Deposits in All Insured Commercial Banks in New York City
X10AICBTODNYC
Interbank Deposits in All Member Banks in Cities with 500,000 or More Residents
X10AMBIDO5M
Citation
U.S. Federal Reserve, Total Deposits in Commercial Member Banks in Texas (X08TDCBMBTTX), retrieved from FRED.