Total Deposits in Commercial Banks in Montana
X08TDCBTMT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
157.00
Year-over-Year Change
74.44%
Date Range
1/1/1914 - 1/1/1941
Summary
The 'Total Deposits in Commercial Banks in Montana' metric measures the total value of deposits held by commercial banks operating in the state of Montana. This statistic is a key indicator of the overall health and liquidity of Montana's 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
The total deposits figure captures the funds that banks have available to lend, invest, and finance economic activity within the state. Analysts and policymakers use this data to assess banking system stability, consumer confidence, and the flow of capital in the Montana economy.
Methodology
The data is collected by the U.S. Federal Reserve through its mandatory reporting requirements for commercial banks.
Historical Context
This metric is widely referenced by economists, regulators, and investors to gauge the financial conditions and lending capacity within the Montana market.
Key Facts
- Montana has over 60 FDIC-insured commercial banks.
- Total deposits reached a record high of $35.6 billion in 2021.
- Deposit growth has outpaced GDP growth in Montana in recent years.
FAQs
Q: What does this economic trend measure?
A: The 'Total Deposits in Commercial Banks in Montana' metric measures the aggregate value of deposits held by commercial banks operating within the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This data point is a key indicator of the overall health, liquidity, and lending capacity of Montana's banking sector, which is highly relevant for economic analysts, investors, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through its mandatory reporting requirements for commercial banks.
Q: How is this trend used in economic policy?
A: Economists and regulators monitor this metric closely to assess financial conditions, consumer confidence, and the flow of capital within the Montana economy, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis by the Federal Reserve with minimal delay, providing timely insights into the evolution of Montana's banking system.
Related Trends
Estimate of Related Children Age 5-17 in Families in Poverty for Montana
PE5T17MT30000A647NCEN
Gross Domestic Product: Private Services-Providing Industries in Montana
MTPRISERVPRONGSP
Residential Carbon Dioxide Emissions, Residential for Montana
EMISSCO2VCLRCBMTA
Gross Domestic Product: Farms (111-112) in Montana
MTFARMNGSP
Gross Domestic Product: Accommodation and Food Services (72) in Montana
MTACCFDNGSP
Real Gross Domestic Product: Real Estate and Rental and Leasing (53) in Montana
MTRERENTLEARGSP
Citation
U.S. Federal Reserve, Total Deposits in Commercial Banks in Montana (X08TDCBTMT), retrieved from FRED.