Each depositor insured to at least $250,000 per insured bank



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FDIC Banking Review

Table 1 - Number of FDIC-Insured Community Banks, 1985-2003
Year Number at Beginning Additions Deletions Number at Year-End
De Novo Banks Other Additionsa Unassisted Mergers and Acquisitions Net Decline from Growth out of Size Group Closings from Failuresb Other Deletionsc
1985 14,351 304 162 490 33 144 9 14,141
1986 14,141 214 122 581 43 180 3 13,670
1987 13,670 175 65 510 29 216 (49) 13,204
1988 13,204 171 66 480 26 339 (17) 12,613
1989 12,613 138 25 338 1 433 (21) 12,025
1990 12,025 118 29 345 (2) 325 (34) 11,538
1991 11,538 62 20 286 1 223 (6) 11,116
1992 11,116 29 27 351 (9) 133 5 10,692
1993 10,692 37 7 511 18 45 18 10,144
1994 10,144 32 8 515 17 15 25 9,612
1995 9,612 71 2 495 36 8 3 9,143
1996 9,143 109 2 432 25 6 15 8,776
1997 8,776 149 4 425 49 1 11 8,443
1998 8,443 166 8 482 42 3 1 8,089
1999 8,089 212 8 349 43 7 8 7,902
2000 7,902 178 10 263 32 5 8 7,782
2001 7,782 113 5 224 31 2 9 7,634
2002 7,634 79 1 198 25 9 (7) 7,489
2003 7,489 101 1 208 43 1 2 7,337
Total 14,351 2,458 572 7,483 483 2,095 (17) 7,337

a - Note: Other additions includes new charters issued to absorb another charter and noninsured institutions.

b - Closings From Failures does not include failures where the institution remained open.

c - Other Deletions includes mergers into noninsured charters, transfers to noninsured charters, community banks at the end of the year.



Last Updated 02/11/2005 Questions, Suggestions & Requests