FRB: Nonfinancial characteristics of all reporting bank holding companies in the United States

4. Nonfinancial characteristics of all reporting bank holding companies in the United States
Account	2000	2001	2002	2003	2004	2004				2005
Millions of dollars except as noted, not seasonally adjusted
Account	2000	2001	2002	2003	2004	Q1	Q2	Q3	Q4	Q1	Q2	Q3
Bank holding companies that qualify as financial holding companies¹ ²
Domestic
Number	300	389	435	452	474	465	471	477	474	472	470	470
Total assets	4,497,781	5,440,842	5,921,493	6,610,429	7,462,622	6,856,173	7,082,367	7,279,238	7,462,622	7,650,658	7,905,412	8,055,975
Foreign-owned³
Number	9	10	11	12	14	13	14	14	14	15	15	15
Total assets	502,506	621,442	616,254	710,441	1,376,333	994,672	1,117,266	1,193,984	1,376,333	1,526,168	1,516,408	1,625,281

Total U.S. commercial bank assets⁴	6,130,086	6,416,080	6,897,215	7,397,903	8,207,714	7,614,478	7,850,587	8,041,199	8,207,714	8,403,918	8,534,536	8,715,501

By ownership
Reporting bank holding companies	5,657,210	5,942,670	6,429,231	6,941,106	7,786,033	7,165,662	7,409,187	7,599,697	7,786,033	7,991,934	8,119,076	8,293,331
Other bank holding companies	229,274	230,467	227,016	219,222	209,176	213,193	211,725	208,697	209,176	204,796	206,260	211,750
Independent banks	243,603	242,944	240,968	237,575	212,504	235,623	229,675	232,805	212,504	207,189	209,199	210,420

Assets associated with nonbanking activities ² ⁵
Insurance	n.a.	426,462	372,405	437,503	579,111	468,168	583,073	579,785	579,111	574,466	582,023	594,068
Securities broker-dealers	n.a.	n.a.	630,851	656,775	892,571	713,794	710,485	756,869	892,571	1,168,482	1,165,690	1,231,412
Thrift institutions	102,218	91,170	107,422	133,056	191,201	139,713	156,033	162,396	191,201	194,267	201,317	210,182
Foreign nonbank institutions	132,629	138,977	145,344	170,630	216,758	184,366	226,094	230,569	216,758	219,828	231,564	242,332
Other nonbank institutions	1,234,714	1,674,267	561,712	678,088	954,849	844,638	862,230	887,848	954,849	898,472	927,398	961,065

Number of bank holding companies engaged in nonbanking activities² ⁵
Insurance	n.a.	143	96	102	97	100	101	98	97	97	99	98
Securities broker-dealers	n.a.	n.a.	47	50	44	49	48	45	44	43	46	47
Thrift institutions	50	38	32	27	27	29	27	25	27	27	27	24
Foreign nonbank institutions	25	32	37	42	39	42	41	40	39	38	37	38
Other nonbank institutions	633	743	880	1,042	1,026	1,010	1,030	1,050	1,026	926	885	875

Foreign-owned bank holding companies³
Number	21	23	26	27	29	27	28	28	29	29	30	30
Total assets	636,669	764,411	762,901	934,085	1,537,208	1,145,476	1,271,378	1,349,900	1,537,208	1,690,119	1,698,197	1,811,451

Employees of reporting bank holding companies (full-time equivalent)	1,859,930	1,985,981	1,992,559	2,034,358	2,162,179	2,099,126	2,085,733	2,133,299	2,162,179	2,168,162	2,199,910	2,218,470

Assets of fifty large bank holding companies⁶ ⁷
Fixed panel (from table 2)	5,512,347	5,884,763	6,245,841	6,904,453	7,939,683	7,348,075	7,538,219	7,739,375	7,939,683	8,203,706	8,415,117	8,489,633
Fifty large as of reporting date	5,319,129	5,732,621	6,032,000	6,666,488	7,940,955	7,045,844	7,385,384	7,644,504	7,940,955	8,206,462	8,417,847	8,489,633
Percent of all reporting bank holding companies	78.9	76.6	75.5	75.1	76.8	75.3	76.0	76.8	76.8	76.6	76.8	75.5

Note: All data are as of the most recent period shown. The historical figures may not match those in earlier versions of this table because of mergers, significant acquisitions or divestitures, or revisions or restatements to bank holding company financial reports. Data for the most recent period may not include all late-filing institutions.

1. Exclude qualifying institutions that are not reporting bank holding companies. Return to table

2. No data related to financial holding companies and only some data on nonbanking activities were collected on the FR Y-9C report before implementation of the Gramm-Leach-Bliley Act in 2000. Return to table

3. A bank holding company is considered foreign-owned if it is majority-owned by a foreign entity. Data for foreign-owned companies do not include data for branches and agencies of foreign banks operating in the United States. Return to table

4. Total assets of insured commercial banks in the United States as reported in the commercial bank Call Report (FFIEC 031 or 041, Reports of Condition and Income). Excludes data for a small number of commercial banks owned by other commercial banks that file separate call reports yet are also covered by the reports filed by their parent banks. Also excludes data for mutual savings banks. Return to table

5. Data for thrift, foreign nonbank, and other nonbank institutions are total assets of each type of subsidiary as reported in the FR Y-9LP report. Data cover those subsidiaries in which the top-tier bank holding company directly or indirectly owns or controls more than 50 percent of the outstanding voting stock and that has been consolidated using generally accepted accounting principles. Data for securities broker-dealers are net assets (that is, total assets, excluding intercompany transactions) or broker-dealer subsidiaries engaged in activities pursuant to the Gramm-Leach-Bliley Act, as reported on schedule HC-M of the FR Y-9C report. Data for insurance activities are all insurance-related assets held by the bank holding company as reported on schedule HC-I of the FR Y-9C report.
Beginning in 2002:Q1, insurance totals exclude intercompany transactions and subsidiaries engaged in credit-related insurance or those engaged principally in insurance agency activities under the Gramm-Leach-Bliley Act. Return to table

6. In general, the fifty large bank holding companies are the fifty largest bank holding companies as measured by total consolidated assets for the latest period shown. Excludes a few large bank holding companies whose commercial banking operations account for only a small portion of assets and earnings. Return to table

7. Changes over time in the total assets of the time-varying panel of fifty large bank holding companies are attributable to (1) changes in the companies that make up the panel and (2) to a small extent, restatements of financial reports between periods. Return to table

n.a. Not available.

Source: Federal Reserve Reports FR Y-9C and FR Y-9LP, Federal Reserve National Information Center, and published financial reports.