1997 Economic Census: Finance and Insurance

	1997 Economic Census: Finance and Insurance Minnesota

See also 2002 Economic Census data.

Finance and Insurance by Subsector
Introductory text includes scope and methodology. Table includes only establishments with payroll. Nonemployers are shown separately. For descriptions of column headings and rows (industries), click on the appropriate underlined element in the table.

NAICS code	Description	Estab- lish- ments	Revenue ($1,000)	Annual payroll ($1,000)	Paid employees
52	Finance & insurance	7,969	N	5,390,498	124,827
521	Monetary authorities - central bank	1	367,635	47,853	1,133
522	Credit intermediation & related activities	2,680	11,769,804	1,647,965	46,577
523	Securities intermediation & related activities	1,104	5,136,576	1,389,109	18,091
524	Insurance carriers & related activities	4,174	N	2,299,560	58,831
525	Funds, trusts, & other financial vehicles (part)	10	54,403	6,011	195

Finance and Insurance by Industry
Introductory text includes scope and methodology. Table includes only establishments with payroll. Nonemployers are shown separately. For descriptions of column headings and rows (industries), click on the appropriate underlined element in the table.

NAICS
code Description Estab-
lish-
ments Revenue
($1,000) Annual
payroll
($1,000) Paid
employees

52 Finance & insurance 7,969 N 5,390,498 124,827

NAICS
code Description Estab-
lish-
ments Revenue
($1,000) Annual
payroll
($1,000) Paid
employees

521 Monetary authorities - central bank 1 367,635 47,853 1,133

NAICS
code Description Estab-
lish-
ments Revenue
($1,000) Annual
payroll
($1,000) Paid
employees

522 Credit intermediation & related activities 2,680 11,769,804 1,647,965 46,577

5221 Depository credit intermediation 1,739 7,155,579 1,086,466 33,455

52211 Commercial banking 1,352 6,276,351 978,169 29,548

5221101 National commercial banks (banking) 678 4,440,724 647,367 18,530

5221102 State commercial banks (banking) 673 D D (10k-24999)

52212 Savings institutions 103 427,970 40,111 1,156

5221201 Savings institutions (federally chartered) 101 D D (1000-2499)

52213 Credit unions 284 451,258 68,186 2,751

5221301 Credit unions (federally chartered) 118 243,251 36,708 1,418

5221309 Credit unions (not federally chartered) 166 208,007 31,478 1,333

5222 Nondepository credit intermediation 697 4,210,476 440,435 9,750

52222 Sales financing 154 1,122,244 96,957 1,941

52229 Other nondepository credit intermediation 538 D D (5000-9999)

522291 Consumer lending 88 111,741 16,439 528

522292 Real estate credit 317 1,395,610 251,507 5,541

522298 All other nondepository credit intermediation 129 D D (1000-2499)

5222981 Pawn shops 60 27,212 4,358 207

5223 Activities related to credit intermediation 244 403,749 121,064 3,372

52231 Mortgage & nonmortgage loan brokers 171 95,756 43,204 1,012

52232 Financial transactions processing, reserve, & clearinghouse act 16 90,191 27,465 870

52239 Other activities related to credit intermediation 57 217,802 50,395 1,490

NAICS
code Description Estab-
lish-
ments Revenue
($1,000) Annual
payroll
($1,000) Paid
employees

523 Securities intermediation & related activities 1,104 5,136,576 1,389,109 18,091

5231 Securities & commodity contracts intermediation & brokerage 593 2,425,811 722,757 8,645

52311 Investment banking & securities dealing 104 1,262,099 339,918 3,461

52312 Securities brokerage 443 1,133,285 374,974 4,982

52313 Commodity contracts dealing 8 5,500 1,652 81

52314 Commodity contracts brokerage 38 24,927 6,213 121

5232 Securities & commodity exchanges 1 D D (20-99)

5239 Other financial investment activities 510 D D (5000-9999)

52391 Miscellaneous intermediation 95 D D (250-499)

52392 Portfolio management 220 2,222,844 522,979 6,574

52393 Investment advice 172 252,841 78,648 1,347

52399 All other financial investment activities 23 141,351 46,147 1,176

523991 Trust, fiduciary, & custody activities 23 141,351 46,147 1,176

NAICS
code Description Estab-
lish-
ments Revenue
($1,000) Annual
payroll
($1,000) Paid
employees

524 Insurance carriers & related activities 4,174 N 2,299,560 58,831

5241 Insurance carriers 725 N 1,747,685 42,141

52411 Direct life, health, & medical insurance carriers 276 Q 1,071,535 25,790

524113 Direct life insurance carriers 218 Q 740,197 16,845

524114 Direct health & medical insurance carriers 58 Q 331,338 8,945

52412 Other direct insurance carriers 435 Q 665,648 16,135

524126 Direct property & casualty insurance carriers 390 Q 630,340 15,099

524127 Direct title insurance carriers 42 Q D (1000-2499)

52413 Reinsurance carriers 14 Q 10,502 216

5242 Agencies, brokerages, & other insurance related activities 3,449 1,600,786 551,875 16,690

52421 Insurance agencies & brokerages 3,158 1,234,301 399,761 11,980

52429 Other insurance related activities 291 366,485 152,114 4,710

524291 Claims adjusting 86 31,740 13,343 428

524292 Third party administration of insurance & pension funds 138 263,821 110,927 3,331

524298 All other insurance related activities 67 70,924 27,844 951

NAICS
code Description Estab-
lish-
ments Revenue
($1,000) Annual
payroll
($1,000) Paid
employees

525 Funds, trusts, & other financial vehicles (part) 10 54,403 6,011 195

5251 Insurance and Employee Benefit Funds (not covered in the Economic Census) N N N N

5259 Other investment pools & funds (part) 10 54,403 6,011 195

52591 Open-End Investment Funds (not covered in the Economic Census) N N N N

52592 Trusts, Estates, and Agency Accounts (not covered in the Economic Census) N N N N

52593 Real Estate Investment Trusts (REITs) 10 54,403 6,011 195

52599 Other Financial Vehicles (not covered in the Economic Census) N N N N

D = Withheld to avoid disclosure; N = Not available

NAICS code	Description	Estab- lish- ments	Revenue ($1,000)	Annual payroll ($1,000)	Paid employees
52	Finance & insurance	7,969	N	5,390,498	124,827
NAICS code	Description	Estab- lish- ments	Revenue ($1,000)	Annual payroll ($1,000)	Paid employees
521	Monetary authorities - central bank	1	367,635	47,853	1,133
NAICS code	Description	Estab- lish- ments	Revenue ($1,000)	Annual payroll ($1,000)	Paid employees
522	Credit intermediation & related activities	2,680	11,769,804	1,647,965	46,577
5221	Depository credit intermediation	1,739	7,155,579	1,086,466	33,455
52211	Commercial banking	1,352	6,276,351	978,169	29,548
5221101	National commercial banks (banking)	678	4,440,724	647,367	18,530
5221102	State commercial banks (banking)	673	D	D	(10k-24999)
52212	Savings institutions	103	427,970	40,111	1,156
5221201	Savings institutions (federally chartered)	101	D	D	(1000-2499)
52213	Credit unions	284	451,258	68,186	2,751
5221301	Credit unions (federally chartered)	118	243,251	36,708	1,418
5221309	Credit unions (not federally chartered)	166	208,007	31,478	1,333
5222	Nondepository credit intermediation	697	4,210,476	440,435	9,750
52222	Sales financing	154	1,122,244	96,957	1,941
52229	Other nondepository credit intermediation	538	D	D	(5000-9999)
522291	Consumer lending	88	111,741	16,439	528
522292	Real estate credit	317	1,395,610	251,507	5,541
522298	All other nondepository credit intermediation	129	D	D	(1000-2499)
5222981	Pawn shops	60	27,212	4,358	207
5223	Activities related to credit intermediation	244	403,749	121,064	3,372
52231	Mortgage & nonmortgage loan brokers	171	95,756	43,204	1,012
52232	Financial transactions processing, reserve, & clearinghouse act	16	90,191	27,465	870
52239	Other activities related to credit intermediation	57	217,802	50,395	1,490
NAICS code	Description	Estab- lish- ments	Revenue ($1,000)	Annual payroll ($1,000)	Paid employees
523	Securities intermediation & related activities	1,104	5,136,576	1,389,109	18,091
5231	Securities & commodity contracts intermediation & brokerage	593	2,425,811	722,757	8,645
52311	Investment banking & securities dealing	104	1,262,099	339,918	3,461
52312	Securities brokerage	443	1,133,285	374,974	4,982
52313	Commodity contracts dealing	8	5,500	1,652	81
52314	Commodity contracts brokerage	38	24,927	6,213	121
5232	Securities & commodity exchanges	1	D	D	(20-99)
5239	Other financial investment activities	510	D	D	(5000-9999)
52391	Miscellaneous intermediation	95	D	D	(250-499)
52392	Portfolio management	220	2,222,844	522,979	6,574
52393	Investment advice	172	252,841	78,648	1,347
52399	All other financial investment activities	23	141,351	46,147	1,176
523991	Trust, fiduciary, & custody activities	23	141,351	46,147	1,176
NAICS code	Description	Estab- lish- ments	Revenue ($1,000)	Annual payroll ($1,000)	Paid employees
524	Insurance carriers & related activities	4,174	N	2,299,560	58,831
5241	Insurance carriers	725	N	1,747,685	42,141
52411	Direct life, health, & medical insurance carriers	276	Q	1,071,535	25,790
524113	Direct life insurance carriers	218	Q	740,197	16,845
524114	Direct health & medical insurance carriers	58	Q	331,338	8,945
52412	Other direct insurance carriers	435	Q	665,648	16,135
524126	Direct property & casualty insurance carriers	390	Q	630,340	15,099
524127	Direct title insurance carriers	42	Q	D	(1000-2499)
52413	Reinsurance carriers	14	Q	10,502	216
5242	Agencies, brokerages, & other insurance related activities	3,449	1,600,786	551,875	16,690
52421	Insurance agencies & brokerages	3,158	1,234,301	399,761	11,980
52429	Other insurance related activities	291	366,485	152,114	4,710
524291	Claims adjusting	86	31,740	13,343	428
524292	Third party administration of insurance & pension funds	138	263,821	110,927	3,331
524298	All other insurance related activities	67	70,924	27,844	951
NAICS code	Description	Estab- lish- ments	Revenue ($1,000)	Annual payroll ($1,000)	Paid employees
525	Funds, trusts, & other financial vehicles (part)	10	54,403	6,011	195
5251	Insurance and Employee Benefit Funds (not covered in the Economic Census)	N	N	N	N
5259	Other investment pools & funds (part)	10	54,403	6,011	195
52591	Open-End Investment Funds (not covered in the Economic Census)	N	N	N	N
52592	Trusts, Estates, and Agency Accounts (not covered in the Economic Census)	N	N	N	N
52593	Real Estate Investment Trusts (REITs)	10	54,403	6,011	195
52599	Other Financial Vehicles (not covered in the Economic Census)	N	N	N	N

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Source: 1997 Economic Census

Last modified: 2/ 6/01 Questions?

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Page Last Modified: February 06, 2001