Banking Review 2004 VOLUME 16, NOS. 3 AND 4
This year’s FDIC Banking Review features papers from the FDIC’s Future of Banking project. Initiated by
Chairman Donald Powell, the study projects likely trends in the structure and performance of the banking
industry and anticipates the policy issues that will confront the industry and the regulatory community in
the coming years.
The Future of Banking in America
Community Banks: Their Recent Past, Current Performance, and Future Prospects (page 1)
by Tim Critchfield, Tyler Davis, Lee Davison, Heather Gratton, George Hanc, and Katherine Samolyk
Examining U.S. community banks from 1985–2003, this paper explores trends in their numbers,
activities, and performance, as well as their future prospects.
Rural Depopulation: What Does It Mean for the Future Economic Health
of Rural Areas and the Community Banks that Support Them? (page 57)
by Jeffrey Walser and John Anderlik
The United States is currently in the midst of a major demographic event: the depopulation of its
rural counties. This paper examines the implications of this trend for insured financial institutions
headquartered in these counties.
The Mixing of Banking and Commerce: Current Policy Issues (page 97)
by Christine E. Blair
Does the mixing of banking and commerce constitute good public policy? This paper revisits the debate.
The Changing Corporate Governance Environment:
Implications for the Banking Industry (page 121)
by Valentine V. Craig
This article examines the evolving U.S. corporate governance environment to assess the implications
of this changing environment for banks.
The views expressed are those of the authors and do not necessarily reflect official positions of the Federal Deposit Insurance
Corporation. Articles may be reprinted or abstracted if the FDIC Banking Review and author(s) are credited. Please provide
the FDIC’s Division of Insurance and Research with a copy of any publications containing reprinted material.
Single-copy subscriptions are available to the public free of charge. Requests for subscriptions, back issues or address changes
should be mailed to FDIC Banking Review, Public Information Center, 801 17th Street, N.W., Washington, DC 20434.
Chairman Donald E. Powell
Director, Division of Insurance Arthur J. Murton
and Research
Deputy Director Fred Carns
Managing Editor Jack Reidhill
Editorial Committee Christine E. Blair
Valentine V. Craig
Rose M. Kushmeider
Publication Manager Geri Bonebrake
This year’s FDIC Banking Review features papers from the FDIC’s Future of Banking project. Initiated by
Chairman Donald Powell, the study projects likely trends in the structure and performance of the banking
industry and anticipates the policy issues that will confront the industry and the regulatory community in
the coming years.
The Future of Banking in America
Community Banks: Their Recent Past, Current Performance, and Future Prospects (page 1)
by Tim Critchfield, Tyler Davis, Lee Davison, Heather Gratton, George Hanc, and Katherine Samolyk
Examining U.S. community banks from 1985–2003, this paper explores trends in their numbers,
activities, and performance, as well as their future prospects.
Rural Depopulation: What Does It Mean for the Future Economic Health
of Rural Areas and the Community Banks that Support Them? (page 57)
by Jeffrey Walser and John Anderlik
The United States is currently in the midst of a major demographic event: the depopulation of its
rural counties. This paper examines the implications of this trend for insured financial institutions
headquartered in these counties.
The Mixing of Banking and Commerce: Current Policy Issues (page 97)
by Christine E. Blair
Does the mixing of banking and commerce constitute good public policy? This paper revisits the debate.
The Changing Corporate Governance Environment:
Implications for the Banking Industry (page 121)
by Valentine V. Craig
This article examines the evolving U.S. corporate governance environment to assess the implications
of this changing environment for banks.
The views expressed are those of the authors and do not necessarily reflect official positions of the Federal Deposit Insurance
Corporation. Articles may be reprinted or abstracted if the FDIC Banking Review and author(s) are credited. Please provide
the FDIC’s Division of Insurance and Research with a copy of any publications containing reprinted material.
Single-copy subscriptions are available to the public free of charge. Requests for subscriptions, back issues or address changes
should be mailed to FDIC Banking Review, Public Information Center, 801 17th Street, N.W., Washington, DC 20434.
Chairman Donald E. Powell
Director, Division of Insurance Arthur J. Murton
and Research
Deputy Director Fred Carns
Managing Editor Jack Reidhill
Editorial Committee Christine E. Blair
Valentine V. Craig
Rose M. Kushmeider
Publication Manager Geri Bonebrake