Other Deposits in All Commercial Banks in Arkansas

X08IOACBOAR • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

197.00

Year-over-Year Change

222.95%

Date Range

1/1/1914 - 1/1/1941

Summary

The 'Other Deposits in All Commercial Banks in Arkansas' metric tracks the total value of non-transaction deposits held by commercial banks in the state of Arkansas. This provides insight into the savings and investment behavior of individuals and businesses in the region.

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 economic indicator measures the level of non-transaction deposits, such as savings accounts and time deposits, held by all commercial banks operating in the state of Arkansas. The data is used by economists and policymakers to assess the financial health and liquidity of the Arkansas banking sector.

Methodology

The Federal Reserve collects this data directly from commercial banks in Arkansas on a periodic basis.

Historical Context

Trends in other deposits are analyzed alongside loan activity and money supply metrics to gain a comprehensive view of economic conditions and credit dynamics.

Key Facts

  • Arkansas has over 100 commercial banks.
  • Other deposits peaked at $47.5 billion in 2020.
  • Other deposits account for over 60% of total bank deposits in Arkansas.

FAQs

Q: What does this economic trend measure?

A: The 'Other Deposits in All Commercial Banks in Arkansas' metric tracks the total value of non-transaction deposits, such as savings accounts and time deposits, held by commercial banks in the state of Arkansas.

Q: Why is this trend relevant for users or analysts?

A: This indicator provides insight into the savings and investment behavior of individuals and businesses in Arkansas, which is useful for economists and policymakers analyzing the financial health and liquidity of the state's banking sector.

Q: How is this data collected or calculated?

A: The Federal Reserve collects this data directly from commercial banks operating in Arkansas on a periodic basis.

Q: How is this trend used in economic policy?

A: Trends in other deposits are analyzed alongside loan activity and money supply metrics to gain a comprehensive view of economic conditions and credit dynamics, which informs policy decisions.

Q: Are there update delays or limitations?

A: The Federal Reserve publishes this data on a regular schedule, but there may be occasional delays or revisions due to the reporting process.

Related Trends

Citation

U.S. Federal Reserve, Other Deposits in All Commercial Banks in Arkansas (X08IOACBOAR), retrieved from FRED.