B-1 Retail Bank and Deposit Summary Statistics 

Retail Bank and Deposit Summary 

Statistics 

Retail Bank Information

As previously mentioned, the data represent a substantial percentage of retail branch operations and 

consumer banking services in the United States. 

 Responding banks operate 43,761 deposit branches, which represent about half of the bank 

offices at the time the sample was drawn. 

 Responding banks have collectively deployed 21,325 ATMs of their total 85,164 ATMs inside 

LMI tracts—about 1 in 4 of their ATMs. 

 The responding banks report that they have 133.4 million conventional transaction accounts and 

78.7 millions savings accounts. Dove Consulting does not have any data on the income 

distribution of account holders. 

 Banks report that they have opened 880,725 entry level deposit accounts for individuals who 

applied to open an account but did not otherwise qualify for a conventional account. This 

number of accounts suggests that there is a substantial gap between the ratio of unbanked to 

banked individuals (1 in 10) and the ratio of entry level deposit accounts to conventional 

transaction and savings accounts (1 in 240). 

 The responding banks collectively have issued 70 million debit cards, 57.7 millions credit cards 

and 22 million open-loop prepaid debit cards. 

The following tables provide a perspective on the characteristics of participating banks. 

Figure 1. Bank Size (Assets) 

Assets (in 000s) June 30, 2007 

Frequency Weighted

N Valid 683 7433

 Missing 2 7

Mean $11,961,677.89 $1,622,680.99

Median $209,990.00 $149,895.00

The data relating to the asset sizes of different segments below is not weighted: these data 

summarize the asset-size of responding banks and are not estimates of universe statistics. There is a 

difference between tiers for bank asset size, which reflects that tiers are defined by asset size. The 

mean asset size for the 24 Tier 1 banks is $299 billion. The mean for the 157 responding Tier 2 

banks is $5.55 billion, and the mean for the 502 Tier 3 banks is $226 million. Tier 3 banks account 

Appendix 

B
 B-2 Retail Bank and Deposit Summary Statistics 

for 73% of survey responses; median asset size of Tier 3 banks is $137 million, which is less than the 

mean asset size of $226 million. 

Figure 2. Tier 1: Bank Size 

Assets (in 000s) 

N Valid 24 

 Missing 0 

Mean $299,358,348.88 

Median $112,994,020.50 

Figure 3. Tier 2: Bank Size 

Assets (in 000s) 

N Valid 157 

 Missing 2 

Mean $5,552,493.23 

Median $1,969,799.00 

Figure 4. Tier 3: Bank Size 

Assets (in 000s) 

N Valid 502 

 Missing 0 

Mean $226,064.12 

Median $137,280.00 

Although there is little difference between regions for bank asset size, the New England region has 

the smallest banks by asset size, with a mean of $1.75 billion and a median of $381.9 million. 

The South Atlantic region has the largest banks by mean asset size. 

Figure 5. New England Division: Bank Size 

Assets (in 000s) 

N Valid 38

 Missing 0

Mean $1,750,995.79

Median $381,946.00

Figure 6. Middle Atlantic Division: Bank Size 

Assets (in 000s) 

N Valid 65

 Missing 0

Mean $8,294,579.27

Median $913,943.00

Figure 7. South Atlantic Division: Bank Size 

Assets (in 000s) 

N Valid 79

 Missing 1

Mean $33,599,103.04

Median $241,329.00

Figure 8. East South Central Division: Bank Size 

Assets (in 000s) 

N Valid 60

 Missing 0

Mean $3,757,903.03

Median $212,088.50

Figure 9. West South Central Division: Bank Size 

Assets (in 000s) 

N Valid 105

 Missing 0

Mean $1,740,213.49

Median $194,490.00

Figure 10. East North Central Division: Bank Size 

Assets (in 000s) 

N Valid 125

 Missing 2

Mean $19,930,661.17

Median $249,230.00

Figure 11. West North Central Division: Bank Size 

Assets (in 000s) 

N Valid 113

 Missing 0

Mean $5,532,446.43

Median $98,907.00

Figure 12. Mountain Division: Bank Size 

Assets (in 000s) 

N Valid 44

 Missing 0

Mean $29,413,698.11

Median $194,756.50
 B-3 Retail Bank and Deposit Summary Statistics 

Figure 13. Pacific Division: Bank Size 

Assets (in 000s) 

N Valid 55

 Missing 0

Mean $3,917,750.80

Median $947,367.00

There is a difference between urban and rural banks’ asset sizes. The median urban bank asset size is 

$504.5 million, compared with $120.6 million for rural banks. 

Figure 14. Urban: Bank Size -- Unweighted 

Assets (in 000s) 

N Valid 375

 Missing 3

Mean $21,823,307.70

Median $504,475.00

Figure 15. Rural: Bank Size -- Unweighted 

Assets (in 000s) 

N Valid 309

 Missing 0

Mean $358,087.21

Median $120,642.00
 B-4 Retail Bank and Deposit Summary Statistics 

Deposit Branches 

Survey respondents report that they operate 42,971 branch offices, including 37,507 full service 

branches, 2,945 full service offices, and 1,945 limited service offices. The following tables show 

response-adjusted weighted results by subgroup. 

Figure 16. Overall Branch Statistics 

 

Total Number 

of Deposit 

Branches 

Full Service 

Offices 

Full Service 

Retail Offices 

Limited 

Service 

Offices Other Offices 

N Valid 681 649 649 648 644

Missing 4 36 36 37 41

Unweighted Sum 42,971 37,507 2,945 1,945 286

Weighted Sum 12.39 11.24 .76 .65 .15

Weighted Median 4.00 3.00 .00 .00 .00

There is a difference between tiers for the number of all types of branches/offices. Tier 1 banks 

have a higher mean across all office types, compared to Tier 2 and Tier 3 banks. 

Figure 17. Tier 1: Branch Statistics -- Weighted 

 

Total Number 

of Deposit 

Branches 

Full Service 

Offices 

Full Service 

Retail Offices 

Limited 

Service 

Offices Other Offices 

N Valid 25 25 25 25 24

 Missing 0 0 0 0 1

Mean 1,389.21 1,220.54 98.04 64.50 7.30

Median 900.50 874.00 19.00 16.50 2.00

Figure 18. Tier 2: Branch Statistics -- Weighted 

 

Total Number 

of Deposit 

Branches 

Full Service 

Offices 

Full Service 

Retail Offices 

Limited 

Service 

Offices Other Offices 

N Valid 544 524 524 524 513

 Missing 7 28 28 28 38

Mean 46.59 41.44 3.36 1.60 .48

Median 30.00 28.00 .00 .00 .00

Very few banks in Tier 3 have retail offices, limited service offices, or other offices. 

Figure 19. Tier 3: Branch Statistics -- Weighted 

 

Total Number 

of Deposit 

Branches 

Full Service 

Offices 

Full Service 

Retail Offices 

Limited 

Service 

Offices Other Offices 

N Valid 6836 6481 6481 6467 6467

 Missing 27 383 383 396 396

Mean 4.63 4.13 .18 .33 .10

Median 3.00 3.00 .00 .00 .00
 B-5 Retail Bank and Deposit Summary Statistics 

There are few differences among regions for the number of all types of branches and offices. The 

following tables are provided for reference only. 

Figure 20. New England Division: Branch Statistics -- Weighted 

 

Total Number 

of Deposit 

Branches 

Full Service 

Offices 

Full Service 

Retail Offices 

Limited 

Service 

Offices Other Offices 

N Valid 432 374 374 374 374

 Missing 14 72 72 72 72

Mean 7.57 7.70 .85 .19 .16

Median 5.00 5.00 .00 .00 .00

Figure 21. Middle Atlantic Division: Branch Statistics -- Weighted 

 

Total Number 

of Deposit 

Branches 

Full Service 

Offices 

Full Service 

Retail Offices 

Limited 

Service 

Offices Other Offices 

N Valid 581 522 522 509 522

 Missing 0 58 58 72 58

Mean 17.57 17.67 .37 .61 .16

Median 9.24 9.00 .00 .00 .00

Figure 22. South Atlantic Division: Branch Statistics -- Weighted 

 

Total Number 

of Deposit 

Branches 

Full Service 

Offices 

Full Service 

Retail Offices 

Limited 

Service 

Offices Other Offices 

N Valid 860 819 819 819 819

 Missing 0 41 41 41 41

Mean 21.49 20.45 .98 .62 .32

Median 4.00 4.00 .00 .00 .00
 B-6 Retail Bank and Deposit Summary Statistics 

Figure 23. East South Central Division: Branch Statistics -- Weighted 

 

Total Number 

of Deposit 

Branches 

Full Service 

Offices 

Full Service 

Retail Offices 

Limited 

Service 

Offices Other Offices 

N Valid 683 638 638 638 638

 Missing 0 44 44 44 44

Mean 10.81 10.43 .21 .70 .07

Median 3.00 3.00 .00 .00 .00

Figure 24. West South Central Division: Statistics -- Weighted 

 

Total Number 

of Deposit 

Branches 

Full Service 

Offices 

Full Service 

Retail Offices 

Limited 

Service 

Offices Other Offices 

N Valid 1177 1163 1163 1163 1163

 Missing 0 14 14 14 14

Mean 8.98 7.56 .62 .57 .24

Median 4.00 3.00 .00 .00 .00

Figure 25. East North Central Division: Branch Statistics -- Weighted 

 

Total Number 

of Deposit 

Branches 

Full Service 

Offices 

Full Service 

Retail Offices 

Limited 

Service 

Offices Other Offices 

N Valid 1295 1206 1206 1206 1191

 Missing 21 110 110 110 124

Mean 16.33 14.17 1.14 1.24 .08

Median 4.00 3.00 .00 .00 .00

Figure 26. West North Central Division: Branch Statistics -- Weighted 

 

Total Number 

of Deposit 

Branches 

Full Service 

Offices 

Full Service 

Retail Offices 

Limited 

Service 

Offices Other Offices 

N Valid 1410 1383 1383 1383 1379

 Missing 0 27 27 27 31

Mean 7.04 5.89 .69 .52 .03

Median 3.00 2.00 .00 .00 .00

Figure 27. Mountain Division: Branch Statistics -- Weighted 

 

Total Number 

of Deposit 

Branches 

Full Service 

Offices 

Full Service 

Retail Offices 

Limited 

Service 

Offices Other Offices 

N Valid 507 480 480 480 480

 Missing 0 27 27 27 27

Mean 8.36 7.89 .59 .43 .18

Median 3.00 3.00 .00 .00 .00
 B-7 Retail Bank and Deposit Summary Statistics 

Figure 28. Pacific Division: Branch Statistics -- Weighted 

 

Total Number 

of Deposit 

Branches 

Full Service 

Offices 

Full Service 

Retail Offices 

Limited 

Service 

Offices Other Offices 

N Valid 461 444 444 444 437

 Missing 0 17 17 17 24

Mean 14.19 12.72 1.33 .36 .25

Median 4.00 4.00 .00 .00 .00

The mean number of total branches and specific types of branches is higher for urban banks than 

the mean for rural banks. This information indicates that banks headquartered in urban areas tend to 

have more branches than rural banks. 

Figure 29. Urban: Branch Statistics -- Weighted 

 

Total Number 

of Deposit 

Branches 

Full Service 

Offices 

Full Service 

Retail Offices 

Limited 

Service 

Offices Other Offices 

N Valid 3460 3196 3196 3183 3188

 Missing 21 284 284 298 292

Mean 20.70 19.31 1.42 .92 .26

Median 4.00 4.00 .00 .00 .00

Figure 30. Rural: Branch Statistics -- Weighted 

 

Total Number 

of Deposit 

Branches 

Full Service 

Offices 

Full Service 

Retail Offices 

Limited 

Service 

Offices Other Offices 

N Valid 3946 3833 3833 3833 3816

 Missing 14 127 127 127 144

Mean 5.10 4.50 .21 .43 .06

Median 3.00 3.00 .00 .00 .00
 B-8 Retail Bank and Deposit Summary Statistics