The estimated number of banks and thrifts in the United States fell from around 31,000 in 1920 to 26,000 in 1929, when the onset of the Great Depression would then see it fall further, below 15,000 in 1933. This marks a cumulative decline of over 16,000 banks and thrifts, which is equal to a drop of more than 52 percent in 13 years. Tumultuous Twenties Despite the economic prosperity associated with the Roarin' 1920s in the U.S., it was a tumultuous decade in financial terms, with more separate recessions than any other decade. However, the 1920s was also privy to frivolous lending policies among many banks, which saw the banking sector collapse in the wake of the Wall Street Crash in 1929. Many banks failed as the Great Depression and unemployment spread across the country, and customers or businesses could not afford to repay their loans. It was only after this financial crisis where the federal government began keeping more stringent and accurate records on its banking sector, therefore precise figures and the reasons behind these bank failures are not always clear. Franklin D. Roosevelt Just two days after assuming office in 1933, Franklin D. Roosevelt drastically declared a bank holiday, and all banks in the country were closed from March 6 until March 13. This break allowed Congress to pass the Emergency Banking Act on March 9, which saw the Federal Reserve provide deposit insurance for all reopened banks thereafter. Through his first fireside chat, Roosevelt then encouraged Americans to re-deposit their money in the banks again, which successfully restored much of the public's faith in the banking system - it is estimated that over half of the cash withdrawn during the Great Depression was then returned to the banks by March 15.

Graph and download economic data for Number of Bank Branches for United States (DDAI02USA643NWDB) from 2004 to 2019 about banks, depository institutions, and USA.

The H.8 release provides an estimated weekly aggregate balance sheet for all commercial banks in the United States. The release also includes separate balance sheet aggregations for several bank groups: domestically chartered commercial banks; large domestically chartered commercial banks; small domestically chartered commercial banks; and foreign-related institutions in the United States. Foreign-related institutions include U.S. branches and agencies of foreign banks as well as Edge Act and agreement corporations. Published weekly, the release is typically available to the public by 4:15 p.m. each Friday. If Friday is a federal holiday, then the data are released on Thursday.The H.8 release is primarily based on data that are reported weekly by a sample of approximately 875 domestically chartered banks and foreign-related institutions. As of December 2009, U.S. branches and agencies of foreign banks accounted for about 60 of the weekly reporters and domestically chartered banks made up the rest of the sample. Data for domestically chartered commercial banks and foreign-related institutions that do not report weekly are estimated at a weekly frequency based on quarterly Call Report data.

Graph and download economic data for Commercial Banks in the U.S. (DISCONTINUED) (USNUM) from Q1 1984 to Q3 2020 about commercial, banks, depository institutions, and USA.

Graph and download economic data for Deposits, All Commercial Banks (DPSACBM027NBOG) from Jan 1973 to Feb 2025 about deposits, banks, depository institutions, and USA.

Real-time reporting of bank, thrift and credit union branches.

In 2023, the number of data compromises in the financial services industry in the United States reached 744, up from 138 such incidents in 2020. The financial services sector was the second-most targeted industry by cyber security incidents resulting in data compromise. The number of data compromises includes data breaches, as well as exposure and leakage of private data.

Over the course of the 1920s, the value of money deposited in commercial banks grew at a fairly steady rate, rising from around 19 billion U.S. dollars in 1921 (the initial dip was due to the post-WWI recession), to 25 billion at the end of the decade. However, the onset of the Great Depression saw these figures drop drastically, and the value of deposits fell from around 26 to 16 billion dollars between 1930 and 1933. This was not only due to high unemployment and lower wages, but many Americans also lost faith in the banks during the Depression - many blamed the banks for the Depression as frivolous lending practices had contributed to the Wall Street Crash; banks demanded early repayment of debts and often repossessed the property of those who could not afford to do so (also leading to evictions), and many banks failed after the Crash and were not perceived as safe. It was not until 1936 where deposits in commercial banks returned to their pre-Depression levels, after the Roosevelt administration put a number of safeguards in place and helped restore public faith in the American banking system.

In contrast to commercial banks, the total amount of money deposited in savings accounts continued to rise throughout the Great Depression, albeit at a much slower rate than in the 1920s. The reason for continued increase was due to the disproportionate impact the Depression had across socioeconomic groups - most working and middle-class Americans did not have the means to have a savings account

Graph and download economic data for Total Deposits, All Commercial Banks for United States (M1445AUSM144SNBR) from May 1907 to Dec 1945 about deposits, commercial, banks, depository institutions, and USA.

About this dataset

Context

The dataset tabulates the Banks population over the last 20 plus years. It lists the population for each year, along with the year on year change in population, as well as the change in percentage terms for each year. The dataset can be utilized to understand the population change of Banks across the last two decades. For example, using this dataset, we can identify if the population is declining or increasing. If there is a change, when the population peaked, or if it is still growing and has not reached its peak. We can also compare the trend with the overall trend of United States population over the same period of time.

Key observations

In 2023, the population of Banks was 155, a 0.65% increase year-by-year from 2022. Previously, in 2022, Banks population was 154, an increase of 0.65% compared to a population of 153 in 2021. Over the last 20 plus years, between 2000 and 2023, population of Banks decreased by 69. In this period, the peak population was 227 in the year 2006. The numbers suggest that the population has already reached its peak and is showing a trend of decline. Source: U.S. Census Bureau Population Estimates Program (PEP).

Content

When available, the data consists of estimates from the U.S. Census Bureau Population Estimates Program (PEP).

Data Coverage:

• From 2000 to 2023

Variables / Data Columns

• Year: This column displays the data year (Measured annually and for years 2000 to 2023)
• Population: The population for the specific year for the Banks is shown in this column.
• Year on Year Change: This column displays the change in Banks population for each year compared to the previous year.
• Change in Percent: This column displays the year on year change as a percentage. Please note that the sum of all percentages may not equal one due to rounding of values.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Banks Population by Year. You can refer the same here

United States - Total Assets, All Commercial Banks was 22863.05930 Bil. of U.S. $ in March of 2022, according to the United States Federal Reserve. Historically, United States - Total Assets, All Commercial Banks reached a record high of 22863.05930 in March of 2022 and a record low of 703.08250 in January of 1973. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Total Assets, All Commercial Banks - last updated from the United States Federal Reserve on February of 2025.

United States Domestic Banks: Other Assets data was reported at 1,300.672 USD bn in Jun 2018. This records a decrease from the previous number of 1,303.043 USD bn for May 2018. United States Domestic Banks: Other Assets data is updated monthly, averaging 172.843 USD bn from Jan 1973 (Median) to Jun 2018, with 546 observations. The data reached an all-time high of 1,376.438 USD bn in Oct 2010 and a record low of 27.523 USD bn in Jan 1973. United States Domestic Banks: Other Assets data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.KB006: Balance Sheet: Commercial Banks: Domestic Chartered Commercial Banks: Monthly.

United States Comml Banks: Deposits data was reported at 12,133.700 USD bn in Jun 2018. This records an increase from the previous number of 12,075.220 USD bn for May 2018. United States Comml Banks: Deposits data is updated monthly, averaging 2,635.563 USD bn from Jan 1973 (Median) to Jun 2018, with 546 observations. The data reached an all-time high of 12,133.700 USD bn in Jun 2018 and a record low of 596.889 USD bn in Jan 1973. United States Comml Banks: Deposits data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.KB004: Balance Sheet: Commercial Banks: Monthly.

United States Commercial Banks: PC: sa: Credit: Securities: Treasury & Agency data was reported at 3.100 % in Jun 2018. This records an increase from the previous number of -2.600 % for Mar 2018. United States Commercial Banks: PC: sa: Credit: Securities: Treasury & Agency data is updated quarterly, averaging 3.600 % from Jun 1947 (Median) to Jun 2018, with 285 observations. The data reached an all-time high of 144.100 % in Mar 1958 and a record low of -27.300 % in Jun 1985. United States Commercial Banks: PC: sa: Credit: Securities: Treasury & Agency data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.KB007: Balance Sheet: Commercial Banks: Percentage Change. Growth rates are based on the data adjusted for structural and accounting rule changes. Ratio method has been used to fine-tune the data which greatly exaggerates the levels in the earlier years. Ratio method is not applicable on January 1958 data of total assets and liabilities resulting to a huge growth on First Quarter of 1958.

Abstract copyright UK Data Service and data collection copyright owner. The OECD Banking statistics database includes data from 1979 to 2009 on classification of bank assets and liabilities, income statement and balance sheet and structure of the financial system for OECD countries. The OECD have discontinued this dataset, so no further updates will be made. The OECD Banking Statistics are presented in the following tables (some tables will include missing data): Classification of bank assets and liabilities This dataset provides the composition of bank assets and liabilities of residents and non-residents denominated in domestic and foreign currencies based on financial statements of banks in each OECD member country and Russia. Data are reported at current prices in millions of national currency and in millions of Euros for OECD countries. The data covers the years starting from 2005 extending until 2009. The countries covered are Austria, Belgium, Canada, Chile, Czech Republic, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Israel, Italy, Japan, Korea, Luxembourg, Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Turkey, United Kingdom, and Russian Federation. Income statement and balance sheet This comparative tables comprises statistics on country’s financial profiles by presenting their respective extensive income statements, balance sheets and capital adequacy by banking group that can be further analyzed by type of financial institution such as commercial banks, savings banks co-operative banks and other monetary institutions. This dataset provides information on income statements, balance sheets and capital adequacy by banking group. Data are reported at current prices in millions of national currency. The data covers the years starting from 1979 extending until 2009. The countries covered are Austria, Belgium, Canada, Chile, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Israel, Italy, Japan, Korea, Luxembourg, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Turkey, United Kingdom, United States and Russian Federation. Structure of the financial system This dataset provides information on the overall structure of the financial system per country by type of institution and their components: Central banks, other monetary institutions, other financial institutions and insurance institutions. Data relate to number of institutions, number of branches, number of employees, total assets and liabilities and total financial assets. The data covers the years starting from 1979 extending until 2009. The countries covered are Austria, Belgium, Canada, Chile, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Israel, Italy, Japan, Korea, Luxembourg, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Turkey, United Kingdom, United States and Russian Federation. These data were first provided by the UK Data Service in December 2014. Main Topics: • Banking • Financial statement • Financial structure • Financial system • Monetary institutions • Monetary system 1979 2009 ACCOUNTING ASSETS Afghanistan Albania Algeria Andorra Angola Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan BANKS Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bosnia and Herzegovina Botswana Brazil Brunei Darussalam Bulgaria Burkina Faso Burundi CURRENCIES Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Rep... Chad Channel Islands Chile China Colombia Comoros Congo Costa Rica Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Economic conditions... Ecuador Egypt El Salvador Equatorial Guinea Estonia Ethiopia Europe European Union Coun... FINANCIAL INSTITUTIONS Faroe Islands Finland France Gabon Gambia Georgia Germany October 1990 Ghana Gibraltar Greece Grenada Guatemala Guinea Guinea Bissau Honduras Hong Kong Hungary INSURANCE Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Jamaica Japan Jordan Kazakhstan Kenya Kosovo Kuwait Kyrgyzstan Latvia Lebanon Lesotho Liberia Lithuania Luxembourg MONETARY ECONOMICS Macao Macedonia Madagascar Malawi Malaysia Mali Malta Mauritania Mauritius Mexico Moldova Montenegro Morocco Mozambique Multi nation Namibia Nepal Netherlands New Zealand Nicaragua Niger Nigeria Norway Romania Russia Rwanda Saint Lucia Saint Martin Saint Vincent Saotome Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Slovakia Slovenia Solomon Islands Somalia South Africa South Korea Spain Sri Lanka Sudan Surinam Swaziland Switzerland Tajikistan Tanzania Thailand Togo Trinidad and Tobago Turkey Turkmenistan Uganda Ukraine United Kingdom United States Uruguay Uzbekistan Vanuatu Venezuela Vietnam Virgin Islands USA Zambia Zimbabwe

United States - Deposits, All Commercial Banks was 18155.62280 Bil. of U.S. $ in March of 2022, according to the United States Federal Reserve. Historically, United States - Deposits, All Commercial Banks reached a record high of 18155.62280 in March of 2022 and a record low of 596.87870 in January of 1973. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Deposits, All Commercial Banks - last updated from the United States Federal Reserve on March of 2025.

Graph and download economic data for Total Assets, All Commercial Banks (TLAACBW027SBOG) from 1973-01-03 to 2025-03-12 about assets, banks, depository institutions, and USA.

Banks Balance Sheet in the United States increased to 23964.10 USD Billion in March 12 from 23911.30 USD Billion in the previous week. This dataset provides - United States Banks Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States - Securities in Bank Credit, Domestically Chartered Commercial Banks was 5560.75460 Bil. of U.S. $ in March of 2022, according to the United States Federal Reserve. Historically, United States - Securities in Bank Credit, Domestically Chartered Commercial Banks reached a record high of 5560.75460 in March of 2022 and a record low of 155.88570 in May of 1973. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Securities in Bank Credit, Domestically Chartered Commercial Banks - last updated from the United States Federal Reserve on March of 2025.

Graph and download economic data for Deposits, Small Domestically Chartered Commercial Banks (DPSSCBW027SBOG) from 1973-01-03 to 2025-03-12 about small, deposits, domestic, banks, depository institutions, and USA.