The number of thrifts in the United States fell below 2,000 in the first half, to the lowest level in decades. At the same time, the number of branch offices dropped to 13,180, down 9% in 12 months.
Meanwhile, assets of the top 300 thrifts climbed by $17.2 billion, or 2.2%, and offset a decline for the rest of the industry. Assets of all thrifts edged up by six-tenths of 1%. The result was yet another increase in the concentration of assets at the top, to 78.1% for the top 300, against 76.8% a year earlier and 71.3% in mid-1992.