FBI Releases Bank Crime Statistics for Second Quarter of 2011

During the second quarter of 2011, there were 1,023 reported violations of the Federal Bank Robbery and Incidental Crimes Statue, a decrease from the 1,146 reported violations in the same quarter of 2010.¹ According to statistics released today by the FBI, there were 1,007 robberies, 15 burglaries, one larceny, and two extortions of financial institutions² reported between April 1, 2011 and June 30, 2011.

Highlights of the report include:

• Loot was taken in 91 percent of the incidents, totaling more than $7.8 million.
• Of the loot taken, 23 percent of it was recovered. More than $1.8 million was recovered and returned to financial institutions.
• Bank crimes most frequently occurred on Friday. Regardless of the day, the time frame when bank crimes occurred most frequently was between 9:00 a.m. and 11:00 a.m.
• Acts of violence were committed in 4 percent of the incidents, resulting in 31 injuries, one death, and three persons taken hostage.³
• Demand notes ⁴ were the most common modus operandi used.
• Most violations occurred in the Southern region of the U.S., with 373 reported incidents.

These statistics were recorded as of August 2, 2011. Note that not all bank crimes are reported to the FBI, and therefore the report is not a complete statistical compilation of all bank crimes that occurred in the U.S.

- View the entire report.

¹ In the second quarter of 2010, there were 1,135 robberies, 11 burglaries, zero larcenies, and one extortion reported.
² Financial institutions include commercial banks, mutual savings banks, savings and loan associations, and credit unions.
³ One or more acts of violence may occur during an incident.
⁴ More than one modus operandi may have been used during an incident.