Financial Update (Second Quarter 2006)



FEATURES

 Guynn Notes Growth,
 Some Uncertainties

 Conference Explores
 Markets, Institutions

 Economists Propose
 Fannie, Freddie
 Portfolio Limits

 Kohn Nominated
 as Fed’s
 Vice Chairman

 Atlanta Fed 2005
 Annual Report
 Remembers Katrina

 Fed Announces
 Changes to Cash
 Inventory Services

 Agencies Issue
 Advisory About Flu
 Pandemic

 Exploring Credit,
 Debit Cards’
 Payment Process

 Atlanta Fed to
 Maintain Presence
 in Birmingham

 Barron: Community
 Banks Face
 Challenges,
 Opportunities

 Fed Gov. Olson
 Addresses Importance
 of Banks

 Board Launches
 Web Site
 Geared to Kids

 New Fed Product
 Helps Mitigate
 ACH Risk

 FDIC Ups Insurance
 Limits on Some
 Accounts

DEPARTMENTS

  Data Bank

  Circular Letters

 STAFF

 SUBSCRIBE ONLINE

 
District Commercial Bank1 Deposit Data
($ millions)
        Annual Percent Change

  June 30, 2005 June 30, 2004 June 30, 2003 2005–2004 2004–2003
United States2 4,944,740 4,542,012 4,285,952 8.87 5.97
Sixth District3 677,421 613,450 568,189 10.43 7.97
 
Sixth District States
Alabama 63,329 60,909 58,497 3.97 4.12
Florida 290,466 254,349 225,555 14.20 12.77
Georgia 143,872 126,884 119,437 13.39 6.24
Louisiana 53,477 51,621 49,135 3.60 5.06
Mississippi 34,564 32,928 32,337 4.97 1.83
Tennessee 91,713 86,759 83,228 5.71 4.24
 
Selected Metropolitan Areas
Birmingham-Hoover, AL 18,646 19,187 18,929 –2.82 1.36
Jacksonville, FL 21,860 17,088 14,944 27.93 14.35
Miami-Fort Lauderdale-Miami Beach, FL 106,775 94,873 84,706 12.55 12.00
Orlando-Kissimmee, FL 27,561 23,224 20,157 18.67 15.22
Tampa-St.Petersburg-Clearwater, FL 37,734 36,053 32,246 4.66 11.81
Atlanta-Sandy Springs-Marietta, GA 90,699 77,296 72,057 17.34 7.27
New Orleans-Metairie-Kenner, LA 18,459 18,112 16,364 1.92 10.68
Jackson, MS 7,492 7,071 6,818 5.95 3.71
Memphis, AR-MS-TN 26,586 25,612 24,379 3.80 5.06
Nashville, TN 25,013 22,960 21,134 8.94 8.64
 
Total Urban Deposits in District 638,835 576,974 532,719 10.72 8.31
Total Rural Deposits in District 38,586 36,476 35,470 5.78 2.84
 
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 other than those where the deposits were taken. Merger and acquisition activity is one major reason for a bank to misreport deposits.

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