THE DETERMINANTS OF ENTRY FOR BLACK-OWNED COMMERCIAL-BANKS

To date, no empirical account exists that explains the entry of Black-owned Commercial Banks (BCBs). This study reports an analysts based on a cross-section of banking markets in which entry is treated as a discrete variable with a Poisson distribution. Estimation of a Poisson probability model shows that for a given market BCB entry is determined by the size of the Black population, deposit market concentration, and the growth rate of U.S government deposits.