Total Deposits in All Banks in Arkansas

X08TDABAR • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

227.00

Year-over-Year Change

238.81%

Date Range

1/1/1914 - 1/1/1941

Summary

The 'Total Deposits in All Banks in Arkansas' series measures the total value of deposits held by banks located in the state of Arkansas. This metric is crucial for understanding the overall financial health and liquidity in the state's 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

This economic indicator represents the aggregate amount of money deposited with banks operating within the state of Arkansas. It provides insight into the savings and investment patterns of businesses and households, which is valuable for policymakers and economists analyzing the state's economic performance.

Methodology

The data is collected and reported by the U.S. Federal Reserve through its surveys of bank balance sheets.

Historical Context

Trends in total bank deposits are monitored by financial institutions, regulators, and policymakers to assess the stability and growth of the banking sector.

Key Facts

  • Arkansas has over 100 FDIC-insured banks.
  • Bank deposits in Arkansas totaled $122 billion as of Q4 2022.
  • Deposit growth has averaged 5% annually over the past decade.

FAQs

Q: What does this economic trend measure?

A: The 'Total Deposits in All Banks in Arkansas' series measures the aggregate value of deposits held by banks operating within the state of Arkansas.

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

A: This metric provides insight into the overall financial health and liquidity of Arkansas's banking system, which is crucial information for policymakers, economists, and financial institutions.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Federal Reserve through its surveys of bank balance sheets.

Q: How is this trend used in economic policy?

A: Trends in total bank deposits are monitored by financial regulators and policymakers to assess the stability and growth of the banking sector, which is important for evaluating the broader economic conditions in Arkansas.

Q: Are there update delays or limitations?

A: The data is reported quarterly by the Federal Reserve, so there may be a lag of several months before the latest figures are available.

Related Trends

Citation

U.S. Federal Reserve, Total Deposits in All Banks in Arkansas (X08TDABAR), retrieved from FRED.