Financial Update (April-June 1998)

District Commercial Bank Deposit Data1
Annual Percent Change
($ millions) June 30, 1997 June 30, 1996 June 30, 1995 1996-97 1995-96

United States2 2,829,776 2,681,797 2,581,206 5.52 3.90
Sixth District3 397,752 385,251 369,914 3.24 4.15

Sixth District States
Alabama 45,559 43,500 40,821 4.73 6.56
Florida 154,446 153,619 150,637 0.54 1.98
Georgia 77,505 73,048 68,346 6.10 6.88
Louisiana 38,501 36,763 35,672 4.73 3.06
Mississippi 24,000 23,083 21,988 3.97 4.98
Tennessee 57,740 55,238 52,450 4.53 5.32

Selected Metropolitan Areas
Birmingham, AL 11,585 11,399 11,239 1.63 1.42

Ft. Lauderdale, FL 14,161 15,524 15,366 -8.78 1.03
Jacksonville, FL4 12,182 8,460 8,656 44.00 -2.27
Miami, FL 29,104 29,704 28,090 -2.02 5.75
Orlando, FL 11,569 11,693 11,027 -1.06 6.03
Tampa, FL 24,020 24,577 25,633 -2.27 -4.12
West Palm Beach, FL 10,684 10,770 10,551 -0.80 2.08

Atlanta, GA 43,252 40,055 37,210 7.98 7.65

New Orleans, LA 13,409 12,456 12,181 7.65 2.26

Jackson, MS 4,350 4,277 4,087 1.70 4.64

Memphis, AR-MS-TN 12,278 11,573 10,519 6.09 10.02
Nashville, TN 13,650 13,370 12,708 2.09 5.21

Total Urban Deposits in District 313,518 304,406 292,728 2.99 3.99
Total Rural Deposits in District 84,234 80,845 77,186 4.19 4.74

1 Includes thrifts owned by bank holding companies
2 Includes territories
3 Refers to all Sixth District states in their entirety
4 The large increase in deposits in Jacksonville between 1996 and 1997 is attributable to consolidation of Barnett Bank's corporate deposits into its main office in Jacksonville.

Source: Bank data are taken from the June 30 Summary of Deposits Reports filed with the FDIC, compiled by SNL Securities.

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