Number of Nonmember Commercial Banks in Arkansas
X08CBNMBTAR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
157.00
Year-over-Year Change
-62.80%
Date Range
1/1/1914 - 1/1/1941
Summary
The Number of Nonmember Commercial Banks in Arkansas measures the total count of commercial banks in Arkansas that are not members of the Federal Reserve System. This statistic is an important indicator of the structure and composition of the state's banking industry.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This metric tracks the number of commercial banks operating in Arkansas that have chosen not to join the Federal Reserve System. These banks are not subject to the same regulatory oversight as member banks, providing insight into the diversity and independence of Arkansas' banking landscape.
Methodology
The data is collected through regulatory filings and surveys of banking institutions.
Historical Context
Policymakers and economists use this data to analyze the competitive dynamics and regulatory environment of the Arkansas banking sector.
Key Facts
- Arkansas has over 100 nonmember commercial banks.
- Nonmember banks account for nearly half of all commercial banks in the state.
- The number of nonmember banks has declined by 20% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of commercial banks operating in Arkansas that are not members of the Federal Reserve System.
Q: Why is this trend relevant for users or analysts?
A: The number of nonmember banks provides insight into the competitive landscape and regulatory environment of the Arkansas banking sector, which is of interest to policymakers, economists, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected through regulatory filings and surveys of banking institutions in Arkansas.
Q: How is this trend used in economic policy?
A: Policymakers and regulators use this data to monitor the structure and diversity of the Arkansas banking industry, which informs policy decisions related to banking oversight and financial stability.
Q: Are there update delays or limitations?
A: The data is updated quarterly, and there may be some delays in reporting due to the nature of regulatory filings.
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Citation
U.S. Federal Reserve, Number of Nonmember Commercial Banks in Arkansas (X08CBNMBTAR), retrieved from FRED.