2007.11.07
Roanoke's billions...Yes, I said billions.
I'm a work-a-day guy, really. Blue-collar upbringing, no real wealth in the family. So, I confess a certain degree of ignorance about large amounts of money. Still, this number blew my mind.
$5,413,786,000
That's the amount in deposits in banks in the Roanoke metropolitan statistical area for the fiscal year that ended June 30, 2007, according to the Federal Deposit Insurance Corporation, or FDIC. That's right, there are three commas in that number. Billions.
The number comes from a database of bank market share and deposits just posted in the DataSphere.
The data also covers the Blacksburg-Christiansburg MSA, where there were $2,214,750,000 deposits in the same period.
This is a small but interesting data set. You can see just how big each bank is in its market, and outside of it. You can see which monster bank holds a quarter or more of the deposits in your MSA.
And you can see all the billions of bucks floating around here. Not much of it's mine, I promise, but when you add it all up, there seems to be plenty for each of us.
If only we could distribute it a little more, um, evenly?
