Total Deposits in Commercial Nonmember Banks in Missouri
X08TDCBNMBTMO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
255.00
Year-over-Year Change
-26.93%
Date Range
1/1/1914 - 1/1/1941
Summary
The 'Total Deposits in Commercial Nonmember Banks in Missouri' metric tracks the total deposits held by commercial banks in Missouri that are not members of the Federal Reserve System. This data point provides insight into the banking and financial activity within the state.
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 represents the total value of deposits held by commercial banks in Missouri that are not part of the Federal Reserve System. It offers a unique view into the scale and dynamics of the state's banking landscape, which is useful for analyzing regional economic conditions and trends.
Methodology
The data is collected and calculated by the U.S. Federal Reserve.
Historical Context
This metric is frequently used by economists, policymakers, and financial analysts to assess the health and activity of Missouri's banking sector.
Key Facts
- Missouri has over 130 commercial nonmember banks.
- Total deposits peaked at $24.3 billion in Q2 2022.
- Nonmember banks hold approximately 20% of Missouri's total commercial bank deposits.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total value of deposits held by 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 scale and dynamics of Missouri's banking landscape, which is useful for analyzing regional economic conditions and trends.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: This metric is frequently used by economists, policymakers, and financial analysts to assess the health and activity of Missouri's banking sector.
Q: Are there update delays or limitations?
A: The data is updated quarterly by the Federal Reserve with a typical 2-3 month delay.
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Citation
U.S. Federal Reserve, Total Deposits in Commercial Nonmember Banks in Missouri (X08TDCBNMBTMO), retrieved from FRED.