FRB: Annual Report 2007, 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 in the United States, December 31, 2006 and 2007
Type of office	Total	Commercial banks¹					State-charted savings banks
		Total	Member			Nonmember
		Total	Total	National	State	Nonmember
	All banking offices
Banks
Number, Dec. 31, 2006	7,731	7,367	2,592	1,695	897	4,775	364
Changes during 2007
New banks	181	173	40	27	13	133	8
Banks converted into branches	-272	-268	-115	-79	-36	-153	-4
Ceased banking operation²	-39	-31	-13	-8	-5	-18	-8
Other³	0	0	-15	-20	5	15	0
Net Change	-130	-126	-103	-80	-23	-23	-4
Number, Dec. 31, 2007	7,601	7,241	2,489	1,615	874	4,752	360
Branches and Additional Offices
Number, Dec 31, 2006	80,872	77,792	55,099	40,760	14,339	22,693	3,080
Changes during 2007
New branches	3,258	3,088	1,966	1,474	492	1,122	170
Branches converted from banks	272	258	133	91	42	125	14
Discontinued²	-3,338	-3,275	-2,662	-2,152	-510	-613	-63
Other³	0	84	1,067	1,157	-90	-983	-84
Net Change	192	155	504	570	-66	-349	37
Number, Dec. 31, 2007	81,064	77,947	55,603	41,330	14,273	22,344	3,117
	Banks affiliated with bank holding companies
Banks
Number, Dec. 31, 2006	6,187	6,062	2,274	1,477	797	3,788	125
Changes during 2007
BHC-affiliated new banks	190	180	54	38	16	126	10
Banks converted into branches	-224	-220	-96	-65	-31	-124	-4
Ceased banking operation²	-35	-29	-13	-8	-5	-16	-6
Other	0	0	-16	-16	0	16	0
Net Change	-69	-69	-71	-51	-20	2	0
Number, Dec. 31, 2007	6,118	5,993	2,203	1,426	777	3,790	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

Return to top