77,059Employees
$8.1 BTotal Annual Compensation & Benefits
$104,737Average Total Compensation & Benefits
130Banks Headquartered in State
Source: FDIC Call Report 2022Q4, Bureau of Labor Statistics 2022, ABA analysis
$31 BNew Home Loans Booked in 2022
110,261Number of New Home Loans in 2022
$245,000Median New Home Loan Size in 2022
$24.9 BSmall Business Loans
872.3 KNumber of Small Business Loans
$28,594Average Small Business Loan
$2 BSmall Farm Loans
30,180Number of Small Farm Loans
$65,130Average Small Farm Loan
Ephrata National Bank’s Christopher Aukamp works from his “basement bunker” to keep PPP loan applications rolling during the COVID-19 pandemic. The Pennsylvania bank’s entire lending team quickly stepped up to put a process in place as proactively as possible in order to support local small businesses in need—using existing internal practices and “banker instinct” to close these much-needed loans.
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Source: FFIEC HMDA 2022, FFIEC CRA 2021, FDIC Call Report 2022Q4, ABA analysis
$578 BDeposits
171Banks Operating Branches
3,563Branches & Offices
2,180Branches Offering Low Fee Bank On-certified Accounts
Valley National Bank has six Associate Resource Groups (ARG), including the Hispanic Organization for Leadership and Advancement (HOLA). Members of HOLA, pictured above, donated time and effort to harvest 16,000 pounds of corn for community members struggling with food insecurity.
Source: FDIC Summary of Deposits 2022Q2, CFE Fund, ABA analysis
