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;_~.- ..· 307 FEDERAL RESERVE BOARD WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE TO THE FEDERAL RESERVE BOARD August 15, St. 4623. SUBJECT: 1925. Condition of Member banks as of June 30, 1925. Dear Sir: Fbr your inforrration there is enclosed herewith a preliminary statement regarding the condition of all member banks combined as of June abstract (No. 29) 30, 1925. The Board's showing the detailed ~igures for State bank and Trust cornpany members and the combined figures for all member banks will be ready for distribution in the ne~r future. Very truly yours, Walter L. Eddy, Secretary. Enclosure. LETTER TO .ALL FEDER.AL RESERVE AGENTS. 308 CONDITION OF ME:4!BER BANKS AS OF JUNE 30, 1925. Loans and investments of all :nerr.b~:- banks, as at each call date since September 14, 1923, reac.;1ed a new raco:::·cl trJtal ano on June 30, 1925 amounted to $29,702,525,000, or $418',000 1 000 in excess of the April 6 total and $3,570,020,000 in excess of the maximum figure reported 0:1 a:1y call date during the early post war period of expansion. Loans ancl discounts including overdrafts aggregated $20,814,180,000, an increase of $424,000,000 since April 6; 1925, a~d of $1,550,000,000 since June 30, 1924. Increases in this item since April 6 were shown by all Federal reserve districts except St. Louis, Minnea"?o lis, Kansas City and Dallas. Investments in U. S. securities amounted to $3sS02,370,000, or $113,000,000 less than the amount reported on April 6, but an increase of $195,000,000 during the year. Holdings of other bonds, stoc:ks and securities amounted to $5,085,975,000, a growth of $107,000,000 since .April 6 and of $696,000,000 since June 30, 1924. Total deposits aggregated $32,420,480,000, an increase of $1,194,000,000 since April 6 and of $2,891,000,000 since June 30, 1924. Of the increase during the year, which was participated in by all districts, $1,503,000,000 was in demand deposits, $1,178,000,000 in time deposits, $164,000,000 in amounts due to banks, and $49,000,000 in certified and cashiers• checks. The increase in deposits over the amount reported for April 6 is due in lar~ part to the usual midyear S\~11 in uncollected items for which depositors have received credit as is evidenced by the fact that items with the Federal reserve banks in process of collection, exchanges for clearing house ancl checks on other banks in the same place were $758,000,000 in excess of amounts reported on April 6. In the attached table are presented :figures reflecting the condition oi' state bankl · and trust company members and oi' all mamber banks on June 30, 1925. The folloWing statement shows changes in the principal resources and liabilities oi' all member banka on the last call date as compared with figures for April 6, 1925, and June 30, 1924. Increase (+) or decrease (-) on June 30, 1925, since April 6, 1925 June 30, 1924 Loans and discounts (including overdrafts) United States securities Other bonds, stocks and securities Total loans and investments Demand deposits (including certified and cashiers• checks) Time deposits Goverm1ent deposita rue to banks and bankers Acceptances execured for customers Bills payable and rediscounts +$424,000,000 . . :. 113,000,000 + 107,000,000 + 418,000,000 *+1,238~000,000 + 254;000 ,000 - 235,000,000 63,000$000 109,000,000 + 18,000,000 +$1,550,000,000 195,000,000 696,000,000 +2,441,000,000 -i-i- +1,552,000,000 +1, 178,000,000 2,000,000 + 164,000,000 -i89,000,000 + 215,000,000 *Demand deposits, less exchanges for the clearing house, items \vith the Federal reserve banks in process oi' collection and checks on other banks in the sarne place, increased only $480,000,000. . • 309 RESOURCES .AND LIABILITIES OF STATE BANK AND TRUST COMPANY · MEMBERS AND OF ALL MEMBER BANKS ON JUNE 30, 1925. .All member banks Loans and discounts (including overdra.:ft s) U. ·s. securitiae Other bonds,-stocks and securities Total loans and investments Cash in vault Reserve with F. R. Banks Items with Federal Reserve Banks in process of" collection Due from banks and bankers Exchanges for clearing house, and Checks on other banks in same place All other resources 'f.)tal l"esources .Dernund dapcsits Time deposits. U. s. deposita Certified and cashiers' checks Total deposits (other than Due to banks and bankers Bills payable and rediscounts Acceptances Capital stock paio in Surplus All other liabilities bank~- State b enk and trust company members $20,814,180,000 3,802,370,000 5,085,975,000 29,702,525,000 $8' 134,714,000 1,268,604,000 1,894,119,000 11,297,437,000 . 52}f, 3?0 ,ooo 2,190,991,000 165,622,000 864,127,000 67? ,;;56,ooo 2,017,445,000 208,569,000 518,994,000 1,882,317JOOO 2,112,071,000 813,527,000 897,918,000 39,105,025 ,ooo 14,766,194,000 16,811,751,000 10,381,486,000 176,653,000 1,032,804,000 6,386,479,000 4,458,510,000 70,396,000 472,683,000 2~.~2 ,_§9.~.QqQ 4,017 ,."[86 ,000 11, 388 '068 J 000. - . ·-·-· 717,701 J 000 l.!o7,815,000 2,085,732,000 1, 750,815 poo 1,722,482,000 1,132,579,000 238 '720,000 226,465,000 717,097,000 6 32 ,597,000 430,668,000 (st. 4623) .. · ...
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