During the third quarter of 2011, there were 1,094 reported violations of the Federal Bank Robbery and Incidental Crimes Statue, a decrease from the 1,325 reported violations in the same quarter of 2010.1According to statistics released today by the FBI, there were 1,081 robberies, 11 burglaries, two larcenies, and one extortion of a financial institution2 reported between July 1, 2011 and September 30, 2011.
Highlights of the report include:
- Loot was taken in 89 percent of the incidents, totaling more than $9.3 million.
- Of the loot taken, 25 percent of it, or more than $1.9 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 5 percent of the incidents, resulting in 18 injuries, three deaths, and four persons taken hostage.3
- Demand notes4 were the most common modus operandi used.
- Most violations occurred in the Western region of the U.S., with 375 reported incidents.
These statistics were recorded as of October 28, 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.
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.
