FRB: Table 7 for testimony, Meyer -- Mergers and acquisitions in banking and other financial services -- June 3, 1998 The Federal Reserve Board eagle logo links to home page
Table 7 for testimony of Governor Laurence H. Meyer
Mergers and acquisitions in banking and other financial services
Before the Committee on the Judiciary, U.S. House of Representatives
June 3, 1998

 

Table 7

 

 

Average Herfindahl-Hirschman Indexes (HHI) of Metropolitan Statistical Areas

and Rural (Non-MSA) Counties, 1976-1997

 

 

Insured commercial banks only

 

Insured commercial banks plus 50% of savings banks and savings and loan deposits

 

Year

 

MSAs

 

Non-MSA counties

 

MSAs

 

Non-MSA counties

 

1976

 

2,087

 

4,520

 

N.A.

 

N.A.

1977

2,043

4,493

N.A.

N.A.

1978

2,021

4,471

N.A.

N.A.

1979

1,986

4,438

N.A.

N.A.

1980

1,973

4,417

N.A.

N.A.

1981

1,958

4,372

N.A.

N.A.

1982

1,961

4,360

N.A.

N.A.

1983

1,948

4,350

N.A.

N.A.

1984

1,958

4,358

1,366

3,781

1985

1,990

4,357

1,373

3,766

1986

2,022

4,345

1,388

3,744

1987

2,014

4,334

1,402

3,754

1988

2,020

4,316

1,400

3,726

1989

2,010

4,317

1,423

3,761

1990

2,010

4,291

1,468

3,788

1991

1,977

4,257

1,511

3,831

1992

2,023

4,222

1,563

3,832

1993

1,994

4,234

1,588

3,887

1994

1,976

4,208

1,606

3,880

1995

1,963

4,171

1,619

3,858

1996

1,991

4,145

1,639

3,844

1997

1,949

4,114

1,611

3,826

 

Sources: Summary of Deposits data for banks and Survey of Savings data for thrifts. Pre-1985 HHIs calculated using 1985 MSA definitions. 1997 HHIs use 1996 MSA definitions. Other years HHIs based on the year's MSA definitions.

 

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1998 Testimony