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Kansas: Banks’ Economic Impact

Banks support Kansas’s economy with consumer, business and other loans, and by providing more than 21,000 people with a rewarding place to work.

Find State-by-State Data #
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Jobs

Jobs

  • 21,756Employees

  • $1.8 BTotal Annual Compensation & Benefits

  • $84,676Average Total Compensation & Benefits

  • 210Banks Headquartered in State

Source: FDIC Call Report 2022Q4, Bureau of Labor Statistics 2022, ABA analysis

Lending

Lending

  • $7.1 BNew Home Loans Booked in 2022

  • 27,046Number of New Home Loans in 2022

  • $225,000Median New Home Loan Size in 2022

  • $4.7 BSmall Business Loans

  • 150.9 KNumber of Small Business Loans

  • $31,059Average Small Business Loan

  • $283.3 MSmall Farm Loans

  • 4,275Number of Small Farm Loans

  • $66,258Average Small Farm Loan

Source: FFIEC HMDA 2022, FFIEC CRA 2021, FDIC Call Report 2022Q4, ABA analysis

Customers

Customers

  • $100 BDeposits

  • 258Banks Operating Branches

  • 1,379Branches & Offices

  • 284Branches Offering Low Fee Bank On-certified Accounts

Helping Customers Stay Safe

At Bank of Labor's community bank locations in the Kansas City area, lobbies were temporarily closed in mid-April through May during the COVID-19 crisis in order to reduce staff and customer exposure risk. They reopened in June with new safety measures in place, including sneeze guards, mask requirements, crowd size limitations, plus floor markings and signs for social distancing.

Source: FDIC Summary of Deposits 2022Q2, CFE Fund, ABA analysis

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