Interbank Deposits in All Commercial Banks in Maryland
X08IOACBIMD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
132.00
Year-over-Year Change
230.00%
Date Range
1/1/1914 - 1/1/1941
Summary
This economic trend measures the total value of interbank deposits held by commercial banks in the state of Maryland. It provides insights into the liquidity and interconnectedness of the regional banking system.
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
Interbank deposits represent funds that commercial banks hold with other banks, often for the purpose of facilitating transactions and managing short-term liquidity. Tracking this metric can offer valuable insights into the stability and functioning of the financial sector within a specific geographic area.
Methodology
The data is collected by the U.S. Federal Reserve through mandatory reporting from commercial banks.
Historical Context
Policymakers and analysts use this trend to monitor the health and systemic risks in Maryland's banking industry.
Key Facts
- Maryland has over 130 commercial banks.
- Interbank deposits account for around 10% of total bank deposits in the state.
- The trend has shown relatively stable growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of interbank deposits held by commercial banks in the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: Tracking interbank deposits provides insights into the liquidity and interconnectedness of the regional banking system, which is important for assessing financial stability and systemic risks.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through mandatory reporting from commercial banks operating in Maryland.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the health and stability of Maryland's banking industry, which is crucial for maintaining a well-functioning financial system and supporting the state's economy.
Q: Are there update delays or limitations?
A: The data is reported by banks on a regular basis, so the trend is updated frequently. However, there may be some inherent delays in the reporting and publication process.
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Citation
U.S. Federal Reserve, Interbank Deposits in All Commercial Banks in Maryland (X08IOACBIMD), retrieved from FRED.