Public Policy Institute of New York State, Inc.

Just the Facts - Key Economic and Social Indicators for New York State

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Table 11

Assets of Commercial Banks (millions), 2000

Rank

State

Amt.

 

Rank

State

Amt.

1

NEW YORK

$1,198,838

 

27

Colorado

$44,584

2

North Carolina

988,721

 

28

Iowa

43,238

3

Illinois

354,059

 

29

Oklahoma

40,688

4

Ohio

329,700

 

30

Kansas

36,267

5

California

300,090

 

31

Nevada

36,242

6

Pennsylvania

195,773

 

32

South Dakota

35,862

7

Texas

183,553

 

33

Mississippi

30,545

8

Alabama

181,287

 

34

Nebraska

29,181

9

Minnesota

179,857

 

35

Arkansas

26,194

10

Rhode Island

162,303

 

36

Hawaii

23,591

11

Georgia

160,770

 

37

South Carolina

22,470

12

Michigan

131,814

 

38

West Virginia

22,326

13

Delaware

128,910

 

39

New Hampshire

21,647

14

New Jersey

117,861

 

40

New Mexico

16,176

15

Massachusetts

102,822

 

41

Oregon

15,117

16

Tennessee

86,683

 

42

Washington

14,619

17

Missouri

80,771

 

43

North Dakota

12,248

18

Wisconsin

76,210

 

44

Montana

10,453

19

Utah

71,453

 

45

Maine

9,249

20

Indiana

69,022

 

46

Wyoming

8,534

21

Virginia

56,484

 

47

Vermont

7,594

22

Florida

56,066

 

48

Alaska

5,447

23

Arizona

55,351

 

49

Connecticut

2,849

24

Kentucky

50,993

 

50

Idaho

2,284

25

Louisiana

50,493

 

U.S. total

$5,506,529

26

Maryland

45,966

 

N.Y.S. % of U.S. total

21.8%

Source: Federal Deposit Insurance Corp.http://www.fdic.gov/bank/statistical/statistics/sectiond.html

New York has led the nation in banking for decades; North Carolina is now approaching the Empire State's position as a banking center.