NUMBER, OFFICES, AND DEPOSITS OF OPERATING BANKS

Table 101. Changes in number and classification of operating banks and branches in the United
States (continental U. S. and other areas) during 1952

Table 102. Number of operating banks and branches in the United States (continental U. S.
and other areas), December 31, 1952

Grouped according to insurance status and class of bank, and by State and type
of office

Table 103. Number of commercial banks operating branches and number of branches in the
United States (continental U. S. and other areas), June 30, 1952

Banks operating branches grouped according to character of branch system and
branches grouped according to location of branch and by population of center in
which located and State

Table 104. Number of operating banking offices of commercial banks in the United States
(continental U. S. and other areas), June 30, 1952

Grouped according to number of commercial banking offices in center in which located
and by type of office and population of center in which located

Table 105. Number and deposits of operating banks in the United States (continental U. S.
and other areas), December 31, 1952

Banks grouped according to insurance status and by district and State

The line of demarcation between banks and other types of financial
institutions is not always clear. In these tables provision of deposit
facilities for the general public is the chief criterion. However, trust
companies engaged in general fiduciary business though not in deposit
banking are included; and credit unions and savings and loan associa-
tions are excluded except in the case of a few which accept deposits
under the terms of special charters.

The tabulations for all banks and trust companies are prepared in
accordance with an agreement among the Federal bank supervisory
agencies. Deposit data are tabulated from individual reports of assets
and liabilities of the banks included. Institutions included are classified
in three groups: commercial and stock savings banks, nondeposit
trust companies, and mutual savings banks. However, the second
category does not apply to insured banks.

Commercial and stock savings banks include the following categories of banking institutions:

National banks;

Incorporated State banks, trust companies, and bank and trust
companies, regularly engaged in the business of receiving deposits,
whether demand or time, except mutual savings banks;

Stock savings banks, including guaranty savings banks in New
Hampshire;

Industrial and Morris Plan banks which operate under general
banking codes, or are specifically authorized by law to accept de-
posits and in practice do so, or the obligations of which are regarded
as deposits for deposit insurance;

Special types of banks of deposit: cash depositories in South
Carolina; cooperative exchanges in Arkansas; savings and loan
companies operating under Superior Court charters in Georgia;
government operated banks in American Samoa, North Dakota,
and Puerto Rico; a cooperative bank, usually classified as a credit
union, operating under a special charter in New Hampshire; two
savings institutions, known as "trust companies," operating under
special charters in Texas; employes' mutual banking associations in
Pennsylvania; the Savings Banks Trust Company in New York; and
four branches of foreign banks which engage in a general deposit
business in the continental United States or in Puerto Rico.

Private banks under State supervision, and such other private
banks as are reported by reliable unofficial sources to be engaged
in deposit banking;

Nondeposit trust companies include institutions operating under
rust company charters which are not regularly engaged in deposit
anking but are engaged in fiduciary business other than that incidental
to real estate title or investment activities.

Mutual savings banks include all banks operating under State banking codes applying to mutual savings banks.

Institutions excluded. Institutions in the following categories are
excluded, though such institutions may perform many of the same
functions as commercial and savings banks:

Banks which have suspended operations or have ceased to accept
new deposits and are proceeding to liquidate their assets and pay
off existing deposits;

Building and loan associations, savings and loan associations,
credit unions, personal loan companies, and similar institutions,
chartered under laws applying to such institutions or under general
incorporation laws, regardless of whether such institutions are au-
thorized to accept deposits from the public or from their members
and regardless of whether such institutions are called "banks" (a
few institutions accepting deposits under powers granted in special
charters are included);

Morris Plan companies, industrial banks, loan and investment
companies, and similar institutions except those mentioned in the
description of institutions included;

Branches of foreign banks, and private banks, which confine
their business to foreign exchange dealings and do not receive
"deposits" as that term is commonly understood;

Institutions chartered under banking or trust company laws, but
operating as investment or title insurance companies and not en-
gaged in deposit banking or fiduciary activities;

Federal Reserve banks and other banks, such as the Federal Home
Loan banks and the Savings and Loan Bank of the State of New
York, which operate as rediscount banks and do not accept deposits
except from financial institutions;

The postal savings system.

4 Banks in operation at beginning of year.

Arkansas.