FBI reports over $9.3 million taken in bank robberies during Q3 2010
January 15, 2011

WASHINGTON -- During the third quarter of 2010, there were 1,325 reported violations of the Federal Bank Robbery and Incidental Crimes Statute, an increase from the 1,212 reported violations in the same quarter of 2009.1 According to statistics released today by the FBI, there were 1,310 robberies, 13 burglaries, two larcenies and six extortions of financial institutions2 reported between July 1, 2010 and Sept. 30, 2010.

The report showed:

Loot was taken in 90 percent of the incidents, totaling more than $9.3 million.

Of the loot taken, 20 percent, or nearly $1.4 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 a.m. and 3 p.m.

Acts of violence were committed in 4 percent of the incidents, resulting in 21 injuries, four deaths, and nine people being taken hostage.3

Demand notes were the most common modus operandi (operating method) used, closely followed by oral demands.4

Most violations occurred in the southern region of the U.S., with 482 reported incidents.

These statistics were recorded as of October. 27, 2010. Not all bank crimes are reported to the FBI; therefore, the report is not a complete statistical compilation of all bank crimes that occurred in the U.S.

1 In the third quarter of 2009, there were 1,184 robberies and 28 burglaries. No larcenies or extortions were 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.