Statistics, Facts & Such

Approximately 8,125 banks with less than $250 million each in assets will be subject to new, streamlined CRA examinations beginning July, 1995.

25% of banks in the United States hold 88% of total bank assets. The other 75% of financial institutions hold 12 % of assets.

Eighteen years ago (1977), 82% of home loans were made by banks and thrifts. Today they make less than 50% of total home loans.

More than half of all banks and thrifts in the US now sell investment products.

Check volume in the United States now runs about 60 billion items annually.

There were approximately 675 in-store branches of financial institutions in 1989, according to International Banking Technologies of Norcross, GA. By the first half of 1994, there were 2,191.

It is estimated that free standing banking offices costing from $800,000 up to $3 million to build, having 4,000 square feet...need at least $15 million in deposits to cover costs.

Supermarket branches, which may run 400 square feet, cost from $150,000 to $200,000 to build...and break even with just $4 million in deposits.

Surveys of senior banking officers by the American Banker/Towers Perrin research group showed the top concern of bankers in 1992 was relations with regulators; in 1993 it was productivity and cost control; in 1994 the top concern is competition.

Copyright © 1995 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 5, No. 5, 1/95