FDIC releases state banking profiles

fdicThe FDIC released on Thursday banking profiles reflecting banking trends and economic indicators for individual states and U.S. territories, including Puerto Rico and the Virgin Islands, through the end of the third quarter.

In Illinois, the number of banking institutions decreased by five from the second quarter of the year, and total assets declined by almost $2 billion. The largest deposit markets in Illinois region include the Chicago-Joliet-Naperville area at $313.9 billion with 249 institutions, the St. Louis area at $81.2 billion with 142 institutions, the Bloomington-Normal at $12.1 billion with 29 institutions, the Davenport-Moline-Rock Island area at $7.5 billion with 40 institutions and the Peoria area at $6.7 billion with 43 institutions.

In New York, the number of institutions declined by two from the second quarter, though total assets increased by more than $24 billion. New York regions with the largest deposit markets include New York-Northern New Jersey-Long Island at $116.3 billion, Buffalo-Niagara Falls at $32.3 billion with 18 institutions, Albany-Schenectady-Troy at $20.9 billion with 25 institutions, Rochester at $14.5 billion with 22 institutions and Syracuse at $10.7 billion with 22 institutions.

In Florida, the number of institutions fell by four from the second quarter, and total assets also declined by more than $2 billion. Regions with the largest deposit markets include Miami-Fort Lauderdale-Pompano Beach at $168.2 billion with 112 institutions, Tampa-St. Petersburg-Clearwater with $60.3 billion and 69 institutions, Jacksonville with $45.9 billion and 41 institutions, Orlando-Kissimmee-Sanford at $36.4 billion with 49 institutions and North Port-Bradenton-Sarasota at $16.4 billion with 43 institutions.

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