V. Appendix A – Key Statistics
| FDIC Applications 2001
- 2003 |
| |
2003 |
2002 |
2001 |
| Deposit Insurance |
141 |
112 |
133 |
| Approved |
140 |
112 |
133 |
| Denied |
1 |
0 |
0 |
| New Branches |
1,227 |
1,285 |
1,010 |
| Approved |
1,227 |
1,285 |
1,010 |
| Denied |
0 |
0 |
0 |
| Mergers |
304 |
201 |
266 |
| Approved |
304 |
201 |
266 |
| Denied |
0 |
0 |
0 |
| Requests for Consent to Serve1 |
369 |
295 |
231 |
| Approved |
368 |
295 |
231 |
| Section 19 |
13 |
12 |
19 |
| Section 32 |
355 |
283 |
212 |
| Denied |
1 |
0 |
0 |
| Section 19 |
0 |
0 |
0 |
| Section 32 |
1 |
0 |
0 |
| Notices of Change in Control |
30 |
31 |
21 |
| Letters of Intent Not to Disapprove |
30 |
31 |
21 |
| Disapproved |
0 |
0 |
0 |
| Brokered Deposit Waivers |
28 |
33 |
21 |
| Approved |
28 |
33 |
21 |
| Denied |
0 |
0 |
0 |
| Savings Association Activities 2 |
56 |
69 |
76 |
| Approved |
56 |
69 |
76 |
| Denied |
0 |
0 |
0 |
| State Bank Activities/Investments 3 |
19 |
26 |
29 |
| Approved |
19 |
26 |
29 |
| Denied |
0 |
0 |
0 |
| Conversions of Mutual Institutions |
7 |
4 |
4 |
| Non-Objection |
7 |
4 |
4 |
| Objection |
0 |
0 |
0 |
|
1 Under Section 19 of the Federal Deposit Insurance (FDI) Act, an insured institution must receive FDIC approval before
employing a person convicted of dishonesty or breach of trust. Under Section 32, the FDIC must approve any change of directors or senior executive officers at a state nonmember bank that is not in compliance with capital requirements
or is otherwise in troubled condition.
2 Amendments to Part 303 of the FDIC Rules and Regulations changed FDIC oversight responsibility in October 1998.
3 Section 24 of the FDI Act, in general, precludes an insured state bank from engaging in an activity not permissible for
a national bank and requires notices be filed with the FDIC.
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