Total Deposits in Commercial Banks in Arkansas
X08TDCBTAR • 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 Commercial Banks in Arkansas' metric tracks the total value of deposits held by commercial banks operating in the state of Arkansas. This data provides insights into the size and activity of the Arkansas banking sector.
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 total dollar value of deposits, including checking, savings, and time deposits, held by commercial banks based in the state of Arkansas. It is a key measure of the overall size and liquidity of the Arkansas banking system.
Methodology
The data is collected and reported by the U.S. Federal Reserve through its voluntary reporting system for commercial banks.
Historical Context
Policymakers and analysts use this metric to assess the health and trends in the Arkansas banking industry and broader state economy.
Key Facts
- Arkansas has over 100 FDIC-insured commercial banks.
- Total deposits have grown by over 50% in the last decade.
- The state's largest bank holds over $60 billion in deposits.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of deposits, including checking, savings, and time deposits, held by commercial banks based in the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the size, liquidity, and overall health of the Arkansas banking sector, which is important for policymakers, investors, and analysts evaluating the state's economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve through its voluntary reporting system for commercial banks.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the strength and trends in the Arkansas banking industry and broader state economy, which can inform decisions around monetary policy, regulation, and economic development.
Q: Are there update delays or limitations?
A: The data is updated quarterly by the Federal Reserve with a typical 2-3 month delay. There may be occasional revisions to historical data as well.
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Citation
U.S. Federal Reserve, Total Deposits in Commercial Banks in Arkansas (X08TDCBTAR), retrieved from FRED.