Te r r or is m Tom or r ow: Th e Im p a c t on You , you r Mon e y, a n d you r Life P r e s e n t e d b y: D a vid E . S p a r k s
Ma y 1 1 , 2 0 0 6
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Le a d in g B a n k in g O r ga n iza t ion s in P h ila d e lp h ia a n d Ne w J e r s e y in 1 9 8 0 • • • • • • • •
First Pennsylvania Bank Girard Bank Fidelity Bank Philadelphia Nat’l Bank Provident Nat’l Bank Central Penn Nat’l Bank Industrial Valley Bank Continental Bank
May 11, 2006
• • • • • • •
Meridian Bank PSFS Western Savings Bank Midlantic Banks Inc First Fidelity Bank Summit Howard Savings Bank
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C om m e r c ia l B a n k s a n d Th r ift s In 1975: 14,384 901 March 31, 2006:
7,500 1,300 161 93
Banks in the US Banks in PA Banks in the US Thrifts in the US Banks in PA Thrifts in PA
Total De Novo Bank charters since 1995: Total De Novo Thrift charters since 1995: Source: FDIC
May 11, 2006
1,364 131 1,495 3
La r ge s t B a n k in g In s t it u t ion s in t h e U S on D e c e m b e r 3 1 , 2 0 0 5 TOTAL ASSETS ($ billions)
Source: FDIC
CITIGROUP
1,494
BANK OF AMERICA
1,354
J.P. MORGAN
1,199
WACHOVIA
521
WELLS FARGO
482
May 11, 2006
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Le a d in g B a n k in g O r ga n iza t ion s in P h ila d e lp h ia a n d Ne w J e r s e y in 1 9 8 0 • • • • • • • •
First Pennsylvania Bank Girard Bank Fidelity Bank Philadelphia Nat’l Bank Provident Nat’l Bank Central Penn Nat’l Bank Industrial Valley Bank Continental Bank
May 11, 2006
• • • • • • •
Meridian Bank PSFS Western Savings Bank Midlantic Banks Inc First Fidelity Bank Summit Howard Savings Bank
5
S e le c t e d S m a lle r B a n k s O p e r a t in g in t h e Ph ila d e lp h ia / Ne w J e r s e y Ma r k e t p la c e in 1 9 8 0 TOTAL ASSETS ($ millions)
1980
2005
1,594 447
2,389 12,407
Susquehanna
254
7,466
Univest Corp.
216
1,769
National Penn
181
4,601
Ephrata Nat’l Bank
98
578
Bryn Mawr Bank
83
727
First Chester County Corp.
81
845
Harleysville Nat’l
78
3,117
Downingtown Nat’l Bank
65
474
Commerce Bank, NA
61
34,737
Harleysville Savings (1981)
50
767
Royal Bank
16
1,279
Beneficial Savings Bank Fulton Financial
Source: Danielson Associates
May 11, 2006
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Ne w B a n k s C h a r t e r e d in S ou t h e a s t e r n P A a n d Ne w J e r s e y 2 0 0 0 -2 0 0 5
Year 2005
Name First Resource First Priority Valley Green Continental (thrift)
Location Exton Malvern Philadephia Plymouth Meeting
2004
Penn Liberty Bucks County Meridian
Wayne Doyelstown Berwyn
2003
Affinity Berkshire Liberty Bell
Wyomissing (Reading) Wyomissing (Reading) Cherry Hill, NJ
2001
Embassy Bank Earthstar Inter State Net First Cornerstone May 11, 2006
Bethlehem Southampton Cherry Hill King of Prussia 7
Source: Danielson Associates
Ne w B a n k s C h a r t e r e d Na t ion wid e 2 0 0 0 -2 0 0 5
Total De Novo Banking Charters
2000-2005(1)
811
Total De Novo Savings Institutions
2000-2005(1)
78
Total New Charters
FDIC Insured Branches – 50 States & DC(2)
(1) (2)
Source: American Bankers Association Source: FDIC
May 11, 2006
889
2004:
82,387
2005:
84,082
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