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FEDERAL RESERVE BOARD
WASHINGTON

June

1

5 i 1928,
St. 5820.

ADDRESS OFFICIAL CORRESPONDENCE TO
THE FEDERAL RESERVE BOARD

SUBJECT:

Earnings, Expenses, and Dividends
Reports of State Bank Members.

Dear Sir:
There are being forwarded to you today under
separate cover
copies of form 107 for the use
of state tank members i n submitting their reports of
earnings, expenses, and dividend payments for the s i x
months ending June 30, 1928.
In submitting t h e i r December 31, 1927 reports
some of the banks f a i l e d to furnish the d e t a i l e d i n formation i n regard to i n t e r e s t received and paid,
which i s c a l l e d f o r by the form. Please c a l l the a t tention of the banks to the omission and ask them to
use particular care to see that a l l the information
c a l l e d f o r by the form i s supplied i n the June 1928 and
subsequent reports. The word "none" should be written
or stamped i n each space where there i s nothing to
report.
I t w i l l be noted that, except f o r explanatory
words that have been added following certain captions,
the form i s substantially the same as used f o r the l a s t
report, the adoption of some of the changes indicated
on the proof sent you on April 2b having been postponed.
The form that i s being sent you does, however, give the
bank the option of showing i n Section 4 t o t a l p r o f i t s
since January 1, 1927, or other recent date, instead of
from organization, i f the l a t t e r f i g u r e s are not readily
available.

LETTER



Very truly yours,

Walter L. Eddy,
Secretary.

TO ALL F. R. AGENTS*