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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.

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