Current Table

ASSETS OF FINANCIAL SERVICES SECTORS BY INDUSTRY, 2010-2011

($ billions, end of year)

Sector 2010 2011
Banking    
U.S.-chartered depository institutions (1) $11,290.8 $11,706.4
Foreign banking offices in U.S. 1,336.7      1,999.4
Banks in U.S.-affiliated areas 79.9           75.8
Credit unions 835.8         853.7
     Total $13,543.2 $14,635.3
     
Insurance    
Life insurance companies 5,176.3 5,340.2
All other insurers 1,404.4 1,434.4
     Total $6,580.7 $6,774.6
     
Securities    
Mutual and closed-end funds 10,929.3 10,880.1
Securities broker/dealers (2) 2,075.1 1,953.5
     Total $13,004.4 $12,833.6
     
Pensions    
Private pension funds (3) 6,100.1 6,070.3
State and local govt retirement funds 2,931.5 2,849.1
Federal govt retirement funds 1,425.3 1,509.5
     Total $10,456.9 $10,428.9
     
Government-related (4) $7,860.6 $7,784.6
     
Other    
Finance companies (5) 1,590.0 1,546.5
Real estate investment trusts 283.0 401.3
Asset-backed securities issuers 2,276.4 2,017.7
Funding corporations 2,311.4 2,207.1
     Total $6,460.8 $6,172.6
     
Total all sectors $57,906.6 $58,629.6

(1) Includes savings banks and commercial banks.
(2) Includes investment banks.
(3) Includes defined benefit and defined contribution plans (including 401(k)s) and the Federal Employees Retirement Thrift Savings Plan.
(4) Includes government-sponsored enterprises (GSEs) and agency- and GSE-backed mortgage pools.
(5) Includes retail captive finance companies and mortgage companies.

Source: Board of Governors of the Federal Reserve System, June 7, 2012.

 
ASSETS OF FINANCIAL SERVICES SECTORS BY INDUSTRY, 2007-2008

($ billions, end of year)

Sector 2007 2008
Banking    
Commercial banking (1) $11,191.8 $13,408.8
Savings institutions (2) 1,815.0 1,523.5
Credit unions 758.7 812.4
     Total $13,765.5 $15,744.7
     
Insurance    
Life insurance companies 4,949.7 4,515.5
All other insurers 1,358.8 1,292.2
     Total $6,308.5 $5,807.7
     
Securities    
Mutual and closed-end funds 11,178.9 9,399.6
Securities broker/dealers (3) 3,092.0 2,217.2
     Total $14,270.9 $11,616.8
     
Pensions    
Private pension funds (4) 6,391.7 4,600.2
State and local govt retirement funds 3,216.3 2,327.1
Federal govt retirement funds 1,197.2 1,221.2
     Total $10,805.2 $8,148.5
     
Government-related    
Government-sponsored enterprises 3,174.2 3,386.9
Federally related mortgage pools (5) 4,463.5 4,960.8
     Total $7,637.7 $8,347.7
     
Other    
Finance companies (6) 1,911.2 1,851.7
Real estate investment trusts 316.7 256.2
Asset-backed securities issuers 4,517.1 4,095.0
Funding corporations 1,650.7 2,711.2
     Total $8,395.7 $8,914.1
     
Total all sectors $61,183.5 $58,579.5

(1) Includes U.S.-chartered commercial banks, foreign banking offices in the U.S., bank holding companies and banks in U.S.-affiliated areas.
(2) Includes savings and loan associations, mutual savings banks and federal savings banks.
(3) Includes investment banks.
(4) Includes defined benefit and defined contribution plans (including 401(k)s) and the Federal Employees Retirement Thrift Savings Plan.
(5) Agency- and GSE-backed mortgage pools.
(6) Includes retail captive finance companies and mortgage companies. 

Source: Board of Governors of the Federal Reserve System, June 11, 2009.

 
ASSETS OF FINANCIAL SERVICES SECTORS BY INDUSTRY, 2008-2009

($ billions, end of year)

Sector 2008 2009
Banking    
Commercial banking (1) $14,001.4 $14,133.0
Savings institutions (2) 1,523.5 1,253.7
Credit unions 812.4 882.7
     Total $16,337.3 $16,269.4
     
Insurance    
Life insurance companies 4,523.5 4,825.5
All other insurers 1,303.2 1,369.3
     Total $5,826.7 $6,194.8
     
Securities    
Mutual and closed-end funds 9,399.5 10,454.1
Securities broker/dealers (3) 2,217.2 2,084.2
     Total $11,616.7 $12,538.3
     
Pensions    
Private pension funds (4) 4,552.7 5,471.0
State and local govt retirement funds 2,324.5 2,685.8
Federal govt retirement funds 1,221.2 1,324.4
     Total $8,098.4 $9,481.2
     
Government-related    
Government-sponsored enterprises 3,400.0 3,013.8
Federally related mortgage pools (5) 4,961.4 5,376.4
     Total $8,361.4 $8,390.2
     
Other    
Finance companies (6) 1,851.7 1,662.5
Real estate investment trusts 253.9 255.3
Asset-backed securities issuers 4,120.8 3,377.5
Funding corporations 2,854.9 2,487.3
     Total $9,081.3 $7,782.6
     
Total all sectors $59,321.8 $60,656.5

(1) Includes U.S.-chartered commercial banks, foreign banking offices in the U.S., bank holding companies and banks in U.S.-affiliated areas.
(2) Includes savings and loan associations, mutual savings banks and federal savings banks.
(3) Includes investment banks.
(4) Includes defined benefit and defined contribution plans (including 401(k)s) and the Federal Employees Retirement Thrift Savings Plan.
(5) Agency- and GSE-backed mortgage pools.
(6) Includes retail captive finance companies and mortgage companies.

Source: Board of Governors of the Federal Reserve System, June 10, 2010.

 
ASSETS OF FINANCIAL SERVICES SECTORS BY INDUSTRY, 2009-2010

($ billions, end of year)

Sector 2009 2010
Banking    
Commercial banking (1) $14,288.2 $14,336.1
Savings institutions (2) 1,253.7 1,244.1
Credit unions 882.7 912.0
     Total $16,424.6 $16,492.2
     
Insurance    
Life insurance companies 4,823.9 5,176.3
All other insurers 1,387.6 1,403.9
     Total $6,211.5 $6,580.2
     
Securities    
Mutual and closed-end funds 10,447.5 10,932.5
Securities broker/dealers (3) 2,084.2 2,075.1
     Total $12,531.7 $13,007.6
     
Pensions    
Private pension funds (4) 5,471.0 6,111.8
State and local govt retirement funds 2,673.7 2,931.5
Federal govt retirement funds 1,324.4 1,415.4
     Total $9,469.1 $10,458.7
     
Government-related (5) $8,390.5 $7,759.9
     
Other    
Finance companies (6) 1,662.5 1,590.0
Real estate investment trusts 255.5 295.2
Asset-backed securities issuers 3,347.4 2,351.3
Funding corporations 2,420.7 2,265.1
     Total $7,686.1 $6,501.6
     
Total all sectors $60,713.5 $60,800.2

(1) Includes U.S.-chartered commercial banks, foreign banking offices in the U.S., bank holding companies and banks in U.S.-affiliated areas.
(2) Includes savings and loan associations, mutual savings banks and federal savings banks.
(3) Includes investment banks.
(4) Includes defined benefit and defined contribution plans (including 401(k)s) and the Federal Employees Retirement Thrift Savings Plan.
(5) Includes government-sponsored enterprises (GSEs) and agency- and GSE-backed mortgage pools.
(6) Includes retail captive finance companies and mortgage companies.

Source: Board of Governors of the Federal Reserve System, June 9, 2011.