Preserving and Promoting Minority Depository Institutions - December 2023
Accessible Version
Figure 1. State member MDIs by minority type as of December 31, 2022
| Percent | |
|---|---|
| Black American | 7 |
| Hispanic American | 21 |
| Asian American | 36 |
| Native American | 36 |
Note: Percentages are by number of MDIs.
Figure B.1. Proportion of MDIs that are state member banks, 2018–22
Number
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Total MDIs | 155 | 149 | 144 | 142 | 143 | 0 |
| Total SM MDIs | 16 | 14 | 15 | 14 | 14 | 0 |
SM is state member.
Key identifies bars in order from left to right.
Figure B.2. Assets by type of MDI, 2018–22
Number
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Total Assets of MDIs | 208 | 223 | 234 | 249 | 326 | 1 |
| Total Assets of SM MDIs | 77 | 85 | 92 | 102 | 141 | 1 |
| Percentage of Total Assets SM MDIs | 37% | 38% | 39% | 41% | 43% | 79% |
SM is state member.
Key identifies bars in order from left to right.
Figure B.3. Number of state member MDIs by type of minority, 2018–22
Number
| 2017 SMB | 2018 SMB | 2019 SMB | 2020 SMB | 2021 SMB | 2022 SMB | |
|---|---|---|---|---|---|---|
| Black or African American | 1 | 1 | 1 | 1 | 1 | 5 |
| Hispanic | 4 | 3 | 3 | 3 | 3 | 5 |
| Asian or Pacific Islander American | 6 | 5 | 6 | 5 | 5 | 0 |
| Native American or Alaskan Native American | 5 | 5 | 5 | 5 | 5 | 0 |
| Multi-racial American | 0 | 0 | 0 | 0 | 0 | 0 |
The "minority status" of an institution is determined according to either (1) a concentration of ownership among members of a certain minority group, or (2) a concentration of board membership among that minority group by an institution that primarily serves that minority group. To simplify the use of the historical data, these two criteria were combined in 2017 to arrive at a single data field that indicates one of five values for minority status. As a result, as of year-end 2017, no state member banks qualify as multiracial.
SMB is state member bank.
Key identifies bars in order from left to right.