Sorry, you need to enable JavaScript to visit this website.

Current Table

BANK HOLDING COMPANY MUTUAL FUND AND ANNUITY INCOME, 2006-2010
Export To Excel
  Reporting mutual fund and annuity income       
Year Number Percent Mutual fund and
annuity income
($ billions)		 Mean mutual
fund and annuity
income		 Median
mutual fund and
annuity income
2006 (1) 553 63.6% $19.32 $34,943,586 $360,000
2007 555 64.7 22.81 41,102,155 432,000
2008 554 62.8 21.97 39,648,787 399,000
2009 (2) 336 36.7 20.18 60,069,405 714,000
2010 322 35.4 23.23 72,138,161 863,000

(1) Due to a 2006 redefinition of what constitutes a "small" bank holding company, most BHCs with less than $500 million in consolidated assets were exempt from filing detailed noninterest fee income data. The change reduced the number of BHCs that file the data by 1,300. The lower number of these small BHCs drove national means and medians higher.
(2) Effective 2009, only BHCs with assets greater than $1 billion are required to report combined mutual fund and annuity fee income. Hence, the large decline in 2009 in BHCs reporting that form of fee income. 

Source: Michael White Bank Mutual Fund and Annuity Fee Income Report - 2011.

 

Archived Tables

BANK HOLDING COMPANY MUTUAL FUND AND ANNUITY INCOME, 2004-2008
Export To Excel
  Reporting mutual fund and annuity income      
Year Number Percent Mutual fund and
annuity income
($ billions)		 Mean
mutual fund
 and
 annuity income		 Median
 mutual fund and
annuity income
2004 1,103 49.1% $17.22 $15,614,549 $153,000
2005 1,108 49.1 19.46 17,562,670 157,000
2006 (1) 553 63.6 19.32 34,943,586 360,000
2007 555 64.7 22.81 41,102,155 432,000
2008 554 62.8 21.97 39,648,787 399,000

(1) Due to a 2006 redefinition of what constitutes a ''small" bank holding company, most BHCs with less than $500 million in consolidated assets were exempt from filing detailed noninterest fee income data. The change reduced the number of BHCs that file the data by 1,300. The lower number of these small BHCs drove national means and medians higher, mainly for insurance brokerage fee income.

Source: Michael White Bank Mutual Fund & Annuity Fee Income Report - 2009.

 
BANK HOLDING COMPANY MUTUAL FUND AND ANNUITY INCOME, 2005-2009
Export To Excel
  Reporting mutual fund and annuity income      
Year Number Percent Mutual fund and
annuity income
($ billions)		 Mean
mutual fund
and
annuity income		 Median
 mutual fund and
annuity income
2005 1,108 49.1% $19.46 $17,562,670 $157,000
2006 (1) 553 63.6 19.32 34,943,586 360,000
2007 555 64.7 22.81 41,102,155 432,000
2008 554 62.8 21.97 39,648,787 399,000
2009 (2) 336 36.7 20.18 60,069,405 714,000

(1) Due to a 2006 redefinition of what constitutes a "small" bank holding company, most BHCs with less than $500 million in consolidated assets were exempt from filing detailed noninterest fee income data. The change reduced the number of BHCs that file the data by 1,300. The lower number of these small BHCs drove national means and medians higher, mainly for insurance brokerage fee income.
(2) Effective 2009, only banks with assets greater than $1 billion are required to report combined mutual fund and annuity fee income. Hence, the large decline in 2009 in banks reporting that form of fee income. 

Source: Michael White Bank Mutual Fund and Annuity Fee Income Report - 2010.