Financial Update (April-June 2000)

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Data Bank

The Docket

Data Bank

District Commercial Bank Deposit Data1
($ millions)
  Annual Percent Change
  June 30, 1999 June 30, 1998 June 30, 1997 1999–98 1998–97
United States2 3,197,412 3,093,277 2,950,576 3.37 4.84
Sixth District3 445,170 428,851 406,043 3.81 5.62
Sixth District States  
Alabama 51,286 48,565 45,677 5.60 6.32
Florida 173,888 167,629 159,129 3.73 5.34
Georgia 85,537 82,313 78,719 3.92 4.57
Louisiana 41,727 41,317 39,687 0.99 4.11
Mississippi 27,195 26,809 24,694 1.44 8.56
Tennessee 65,537 62,217 58,137 5.34 7.02
Selected Metropolitan Areas  
Birmingham, AL 15,602 13,754 11,601 13.44 18.56
Fort Lauderdale, FL 16,394 15,731 16,147 4.21 –2.58
Jacksonville, FL 10,110 14,941 12,182 –32.33 22.65
Miami, FL 35,044 31,512 29,642 11.21 6.31
Orlando, FL 14,085 12,832 11,771 9.76 9.01
Tampa, FL 26,350 24,619 24,198 7.03 1.74
West Palm Beach, FL 13,898 12,441 12,105 11.71 2.77
Atlanta, GA 47,634 46,058 44,277 3.42 4.02
New Orleans, LA 14,416 14,137 13,647 1.98 3.59
Jackson, MS 5,058 4,897 4,462 3.29 9.73
Memphis, AR-MS-TN 15,887 14,316 12,409 10.98 15.36
Nashville, TN 15,776 14,640 13,694 7.76 6.91
 
Total Urban Deposits in District 353,512 339,660 321,472 4.08 5.66
Total Rural Deposits in District 91,658 89,191 84,570 2.77 5.46
 
1 Includes thrifts owned by bank holding companies
2 Includes territories
3 Refers to all Sixth District states in their entirety

Source: Bank data are taken from the June 30 Summary of Deposits Reports filed with the FDIC, compiled by SNL Securities. Some deposits, particularly corporate deposits, were reported at bank offices and locations other than those where the deposits were taken. Consolidation of charters is the major reason for a bank to report deposits in this way.