FRB: Annual Report 2006, Statistical Table 5: Banking Offices and Banks Affiliated with Bank Holding Companies in the United States, December 31, 2005 and 2006

5. Banking Offices and Banks Affiliated with Bank Holding Companies (BHCs) in the United States, December 31, 2005 and 2006
Type of office	Total	Commercial banks¹					State-chartered savings banks
		Total	Member			Nonmember
		Total	Total	National	State	Nonmember
	All banking offices
Banks
Number, Dec. 31, 2005	7,853	7,484	2,696	1,794	902	4,788	369

Changes during 2006
New banks	190	187	41	24	17	146	3
Banks converted into branches	-290	-284	-132	-92	-40	-152	-6
Ceased banking operation²	-21	-18	-8	-7	-1	-10	-3
Other³	0	-1	-4	-23	19	3	1
Net change	-121	-116	-103	-98	-5	-13	-5

Number, Dec. 31, 2006	7,732	7,368	2,593	1,696	897	4,775	364

Branches and Additional Offices
Number, Dec. 31, 2005	77,830	74,681	53,122	39,155	13,967	21,559	3,149

Changes during 2006
New branches	2,765	2,694	2,071	1,546	525	623	71
Branches converted from banks	290	287	131	94	37	156	3
Discontinued²	-2,009	-1,832	-1,645	-1,417	-228	-187	-177
Other³	0	53	259	286	-27	-206	-53
Net change	1,046	1,202	816	509	307	386	-156

Number, Dec. 31, 2006	78,876	75,883	53,938	39,664	14,274	21,945	2,993
	Banks affiliated with BHCs
Banks
Number, Dec. 31, 2005	6,265	6,143	2,336	1,540	796	3,807	122

Changes during 2006
BHC-affiliated new banks	183	174	58	38	20	116	9
Banks converted into branches	-244	-239	-112	-76	-36	-127	-5
Ceased banking operation²	-18	-17	-7	-6	-1	-10	-1
Other³	0	0	0	-18	18	0	0
Net change	-79	-82	-61	-62	1	-21	3

Number, Dec. 31, 2006	6,186	6,061	2,275	1,478	797	3,786	125

Note: Includes banking offices and BHCs in U.S. territories and possessions.
1. For purposes of this table, banks are entities that are defined as banks in the Bank Holding Company Act, as amended, which is implemented by Federal Reserve Regulation Y. Generally, a bank is any institution that accepts demand deposits and is engaged in the business of making commercial loans or any institution that is defined as an insured bank in section 3(h) of the FDIC Act. Covers entities in the United States and its territories and possessions (affiliated insular areas).  Return to table
2. Institutions that no longer meet the Regulation Y definition of bank.  Return to table
3. Interclass changes and sales of branches.  Return to table

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