Annual Report 2011

Table 5. Banking offices and banks affiliated with bank holding companies in the United States, December 31, 2010 and 2011

Type of office Total Commercial banks 1 State-chartered savings banks
Total Member Nonmember
Total National State
All banking offices
Banks
Number, Dec. 31, 2010 6,821 6,505 2,193 1,368 825 4,312 316
Changes during 2011
New banks 19 15 6 3 3 9 4
Banks converted into branches -152 -149 -58 -37 -21 -91 -3
Ceased banking operations 2 -125 -107 -29 -16 -13 -78 -18
Other 3 0 0 8 -19 27 -8 0
Net change -258 -241 -73 -69 -4 -168 -17
Number, Dec. 31, 2011 6,563 6,264 2,120 1,299 821 4,144 299
Branches and additional offices
Number, Dec. 31, 2010 83,676 80,970 57,520 43,161 14,359 23,450 2,706
Changes during 2011
New branches 1,843 1,791 1,328 1,066 262 463 52
Banks converted to branches 152 150 70 37 33 80 2
Discontinued2 -1,592 -1,433 -980 -743 -237 -453 -159
Other3 0 77 273 152 121 -196 -77
Net change 403 585 691 512 179 -106 -182
Number, Dec. 31, 2011 84,079 81,555 58,211 43,673 14,538 23,344 2,524
Banks affiliated with bank holding companies
Banks
Number, Dec. 31, 2010 5,518 5,396 1,929 1,199 730 3,467 122
Changes during 2011
BHC-affiliated new banks 42 36 10 5 5 26 6
Banks converted into branches -136 -135 -56 -36 -20 -79 -1
Ceased banking operations2 -96 -95 -26 -15 -11 -69 -1
Other3 0 0 3 -17 20 -3 0
Net change -190 -194 -69 -63 -6 -125 4
Number, Dec. 31, 2011 5,328 5,202 1,860 1,136 724 3,342 126

Note: Includes banks, banking offices, and bank holding companies in U.S. territories and possessions (affiliated insular areas).

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. Return to table

2. Institutions that no longer meet the Regulation Y definition of a bank. Return to table

3. Interclass changes and sales of branches. Return to table

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Last update: July 11, 2012