Annual Report 2015

Table 5. Banking offices and banks affiliated with bank holding companies in the United States, December 31, 2014 and 2015
Type of office Total Commercial banks 1 State-
chartered
savings
banks
Total Member Nonmember
Total National State
All banking offices
Banks
Number, Dec. 31, 2014 5,887 5,604 1,894 1,057 837 3,710 283
Changes during 2015
New banks 23 17 7 6 1 10 6
Banks converted into branches -251 -245 -89 -52 -37 -156 -6
Ceased banking operations 2 -38 -36 -14 -10 -4 -22 -2
Other 3 0 1 -1 -19 18 2 -1
Net change -266 -263 -97 -75 -22 -166 -3
Number, Dec. 31, 2015 5,621 5,341 1,797 982 815 3,544 280
Branches and additional offices
Number, Dec. 31, 2014 83,189 80,501 57,084 42,987 14,097 23,417 2,688
Changes during 2015
New branches 1,789 1,641 1,182 864 318 459 148
Banks converted to branches 251 240 109 53 56 131 11
Discontinued2 -2,051 -2,022 -1,556 -1,183 -373 -466 -29
Other3 0 -20 -150 -301 151 130 20
Net change -11 -161 -415 -567 152 254 150
Number, Dec. 31, 2015 83,178 80,340 56,669 42,420 14,249 23,671 2,838
Banks affiliated with bank holding companies
Banks
Number, Dec. 31, 2014 4,835 4,708 1,670 924 746 3,038 127
Changes during 2015
BHC-affiliated new banks 53 47 17 9 8 30 6
Banks converted into branches -200 -197 -74 -44 -30 -123 -3
Ceased banking operations2 -37 -37 -13 -9 -4 -24 0
Other3 0 1 2 -16 18 -1 -1
Net change -184 -186 -68 -60 -8 -118 2
Number, Dec. 31, 2015 4,651 4,522 1,602 864 738 2,920 129

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 Federal Deposit Insurance Corporation 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 20, 2016