Just the Facts 1999-2000

Table 11
Assets of Commercial Banks (millions of dollars), 1998
Rank	State	Amt.	Rank	State	Amt.
1	NEW YORK	$1,169,603	27	Arizona	$38,078
2	North Carolina	599,093	28	Colorado	36,672
3	California	493,219	29	Oklahoma	35,028
4	Illinois	263,859	30	Kansas	32,552
5	Ohio	254,278	31	Arkansas	28,272
6	Pennsylvania	199,291	32	South Dakota	28,223
7	Texas	178,601	33	Nebraska	26,665
8	Massachusetts	139,693	34	Mississippi	25,666
9	Minnesota	138,448	35	Nevada	25,129
10	Alabama	122,187	36	Hawaii	23,597
11	Delaware	121,875	37	West Virginia	23,204
12	Michigan	117,554	38	South Carolina	18,200
13	Florida	117,433	39	New Hampshire	14,851
14	Tennessee	97,781	40	Washington	12,692
15	New Jersey	92,095	41	New Mexico	11,592
16	Rhode Island	84,946	42	North Dakota	10,641
17	Missouri	82,020	43	Montana	9,571
18	Wisconsin	76,807	44	Wyoming	9,217
19	Georgia	73,198	45	Vermont	7,351
20	Indiana	71,819	46	Oregon	6,575
21	Virginia	71,812	47	Connecticut	6,312
22	Kentucky	50,907	48	Alaska	5,091
23	Louisiana	47,985	49	Maine	4,771
24	Iowa	44,496	50	Idaho	1,680
25	Utah	40,575	U.S. total		$5,269,220
26	Maryland	38,460	N.Y.S. % of U.S. total		22.2%
Source: Federal Deposit Insurance Corp.
The concentration of bank assets held in New York far exceeds the state's share of U.S. population or overall economic activity.