For this question, use banking industry information much like the documents distributed in class. Make sure to use the June 30, 2022 reports for both. *Make sure to adjust billions to millions.*

1. When studying market structure in economics, we use a concentration ratio to determine whether an industry is competitive or not. Determine the percentage of Total Assets of Commercial Banks that is held by the FOUR largest commercial banks. Use the large bank consolidated asset values.

Federal Reserve Statistical Release Large Commercial Banks Release dates Current release Other formats: ASCII PDF (133KB). INSURED U.S.-CHARTERED COMMERCIAL BANKS THAT HAVE CONSOLIDATED ASSETS of \$300 MILLION or MORE, RANKED by CONSOLIDATED ASSETS As of June 30, 2022 Statistics At A Glance As of June 30, 2022 Federal Reserve Statistical Release Large Commercial Banks Release dates Current release Other formats: ASCII PDF (133KB). INSURED U.S.-CHARTERED COMMERCIAL BANKS THAT HAVE CONSOLIDATED ASSETS of \$300 MILLION or MORE, RANKED by CONSOLIDATED ASSETS As of June 30, 2022 Statistics At A Glance As of June 30, 2022